Powder metallurgy market – global industry analysis; research report 2020; by Transparency Market Research

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The global powder metallurgy market has been examined in a detailed market research report recently published by Transparency Market Research. The report states that the market will exhibit a positive 5.4% CAGR from 2014 through 2020. If the prediction holds true, the market will reach a valuation of US$8.7 bn by 2020 from US$6.06 bn in 2013.The report is titled “Powder Metallurgy Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2020.”

Powder metallurgy refers to a rapidly evolving field of technology that deals with the manufacturing materials or components from ferrous and non-ferrous metal powders. The high precision with which powder metallurgy technologies manufacture products provide components with intricate features, near net shape, and good dimensional accuracy. Powder metallurgy is also cost-effective and is used across a number of end-use industries has substantially increased over the years.

Over the report’s forecast period, the increased deployment of powder metallurgy techniques across manufacturing sectors in the automotive and many other heavy industries in developing regions will act as a major driving force for the global powder metallurgy market. The U.S. automotive industry will also continue to benefit the global powder metallurgy market over the forecast period. However, the market’s growth is projected to be restrained to a certain extent owing to the limitations posed by weight and size of finished parts processed by powder metallurgy applications.

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For the purpose of the study, the global market has been examined from the perspective of three broad criteria: Product type, application area, and geography.

The key product types examined in the report include ferrous, non-ferrous, and other types such as cemented carbides and metal matrix composites. Of these, the ferrous powder segment accounted for a massive 70% of the global powder metallurgy market in 2013.

Major application areas for the powder metallurgy market examined in the report include automotive, electrical and electronics, industrial, and other fields such as energy and medical. Of these, the automotive sector accounted for a dominant share of 65% in the global market in 2013. The favorable growth of the automotive industry, especially in developing regions such as Asia Pacific in the past few years, has boosted demand for powder metallurgy applications.

From a geographic standpoint, the global powder metallurgy market has been studied for Asia Pacific, Europe, North America, and the Rest of the World (RoW). With a share of over 45% in the total global consumption, Asia Pacific was the largest market for powder metallurgy in 2013. Leading powder metallurgy companies are focusing on expanding their production capacities in the region with a view to benefit from the vast growth opportunities offered by the region.

Some of the most prominent vendors operating in the global powder metallurgy market profiled in the report are voestalpine AG, Sumitomo Electric Industries, Ltd., Sandvik AB, SMC Powder Metallurgy Inc., H.C. Starck, Hoganas AB, Hitachi Chemical Company, Ltd., Federal-Mogul Corporation, Fine Sinter Co., Ltd., Allegheny Technologies Incorporated, and GKN plc.

The market has been segmented in the report as follows:

Powder Metallurgy Market – Product Segment Analysis

  • Ferrous
  • Non-ferrous
  • Others (Including metal matrix composites and cemented carbides)

Powder Metallurgy Market – Application Analysis

  • Automotive
  • Electrical and electronics
  • Industrial
  • Others (Including medical and energy)

Research Report:http://www.transparencymarketresearch.com/powder-metallurgy-industry.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Urgency to treat water drives polyacrylamide demand; research report

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The growing pressure on industries and municipalities across the globe to treat wastewater has increased the usage of polyacrylamide in recent years. Known to act as an excellent coagulant and flocculent, polyacrylamide is thus used for separating suspended particles from waste or polluted water. As water resources deplete and the world population battles the crisis of water scarcity, the demand for polyacrylamide is anticipated to rise at an unprecedented pace. Furthermore, the strict regulatory framework is also compelling industries to treat water before it is let out to prevent a permanent hazard to the environment or human life.

A research report published by Transparency Market Research states that the opportunity in the global polyacrylamide market was worth US$4.09 bn in 2014 and is expected to rise to US$6.68 bn by 2023. Between the forecast period of 2015 and 2023, the global market is estimated to progress at a CAGR of 5.6%. Besides wastewater treatment, the usage of polyacrylamide in drilling activities in the oil and gas sector are likely to drive market growth. This water-soluble polymer is largely used by the oil and gas sector to reduce friction and improve oil recovery. In the coming years, the exploration and production of shale gas is anticipated to drive the global polyacrylamide market. However, the varying guidelines pertaining to the concentration levels of polyacrylamide in water are hampering the market from attaining the desired growth.

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Anionic Polyacrylamide Becomes Leading Product

The most widely used product in the polyacrylamide market is anionic polyacrylamide. It held a share of 46.4% in the global market due to its popular usage as a soil conditioner. Several building and construction players and farmers are using anionic polyacrylamide to prevent soil erosion that can be achieved with enhancing the retention of suspended sediments. Furthermore, the growing usage of anionic polyacrylamide in process water recycling, sugar juice clarification, fermentation byproduct recovery, and water clarification are going to boost its sale and share in the foreseeable future.

Emerging Economies of Asia Pacific will Boost Sale of Polyacrylamide

Geographically, North America held a dominant share in the polyacrylamide market in 2014, accounting for 18.2%. Despite the lead shown by North America, the consumption of polyacrylamide in terms of volume in Europe and Asia was 55% collectively in 2014. In the coming years, Asia Pacific is expected to surpass this share due to a soaring demand for polyacrylamide in the emerging economies of China and India. The growing awareness about waste water treatment will be the driving force behind the emergence of polyacrylamide market in Asia Pacific.

Some of the important players operating in the polyacrylamide market are BASF SE, SNF, PetroChina Company Limited, and Kemira. The competitive landscape in the overall market indicates that companies are trying to expand their product portfolio with mergers and acquisitions. In order to deal with fluctuating raw material prices, several players are also investing in backward integration plans. In the coming years, companies must focus on expanding their production capacities to increase their production and garner bigger market shares.

Research Report:http://www.transparencymarketresearch.com/polyacrylamide-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Low voltage (LV) and medium voltage (MV) switchgear – increasing demand from power and utilities sectors to boost sales of LV and MV switchgear

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The major application segments of the LV and MV switchgear market include the pulp and paper industry, utilities sector, power plant, oil and gas, and petrochemical industry. The increasing investments in the construction sector and industrial infrastructure have boosted the demand for switchgear from the power and utilities sector. In terms of revenue, power plants emerged as the key application segment holding a share of 39.8% in the market in 2015. In the same year, the utilities sector held the second largest share in the market.

Some of the leading players in the market are ABB Ltd. (Switzerland), Powell Industries Inc (U.S.), Siemens AG (Germany), Schneider Electric SE (France), Bharat Heavy Electricals Ltd. (India), Crompton Greaves Ltd. (India), Eaton Corp. (Ireland), Hyosung Corp.(South Korea), Mitsubishi Electric Corp.(Japan), GE Co. (U.S.) and OJSC Power Machines (Russia) among others.

Asia Pacific Held Over 40% of Global LV and MV Switchgear Market in 2015

Regionally, Asia Pacific led the global LV and MV switchgear market in 2015, holding a share of 41.5% in terms of value. The rising demand for electricity transmission and distribution products in the industrial and construction sectors will boost the sales of LV and MV switchgear in the region. The high demand for switchgear and increasing price-based competition will seal Asia Pacific’s position as the key region in the global LV and MV switchgear market.

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In the same year North America emerged as the second-leading market for LV and MV switchgear. The region is currently witnessing increasing concerns related to greenhouse gas emissions, which has compelled North America to focus on renewable energy more than ever before. The increasing use of energy derived from renewable sources for electricity transmission and distribution in the region will fuel the demand for LV switchgear market in the near future.

The rapid development of industrial infrastructure and expansion witnessed in the construction sector, primarily in the emerging markets, are fuelling demand for low voltage (LV) and medium voltage (MV) switchgear. With governments proactively investing in urbanization and rural development, renewal of existing transmission and distribution networks is on the cards. This is expected to create attractive opportunities for the LV and MV switchgear market.

Transparency Market Research says that the global LV and MV switchgear market will exhibit a CAGR of 6.8% between 2016 and 2024. The market had a valuation of US$56.23 bn in 2015 and is expected to reach US$98.80 bn by the end of the forecast period. Growth witnessed by the market in developing countries such as Indonesia, India, and China in particular has been strong due to the accelerated electrification witnessed across these nations.

The lack of adequate electrification has been inhibiting the growth of the industrial sector across emerging economies. To counter the situation, governments in India and China have adopted several approaches to improve grid connectivity in remote locations. A significant portion of the budget for such improvement plans has been allocated to urbanization, thus fuelling the deployment of smart grid technology. This subsequently translates into greater opportunities for sales of LV and MV switchgear in these countries.

 

In the last few years, the market has witnessed positive growth globally. However, intense price-based competition between established and local players has been creating bottlenecks for the market. Besides this, the easy availability of substitutes for switchgear might also hinder sales of LV and MV switchgear. Nevertheless, in the near future, several countries located in the African and Asian sub-continent are expected to provide lucrative opportunities for the market. Furthermore, the increasing demand for renewable energy will also bolster sales of LV and MV switchgear in the forthcoming years.

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Hazardous area sensors market – concept of intrinsic safety gains prominence

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The rising importance of intrinsic safety has positively influenced the growth of the hazardous area sensors market, TMR states. Intrinsic safety is a globally recognized and widely accepted technique of low-energy signaling at a hazardous location, thereby preventing the occurrence of explosions. The acceptance of this concept in present-day manufacturing facilities in oil refineries, textile mills, paint manufacturers, and chemical plants has strongly driven the market and the impact is anticipated to be high toward the end of the forecast period.

“In addition to the growing prominence of intrinsic safety, the implementation of stringent government legislations across the globe has compelled companies to make use of hazardous area sensors,” the author of the study observes. Countries such as the U.S., the U.K., Germany, Canada, France, Austria, Switzerland, and the Netherlands have set up specific standards, certifications, and ratings for sensor safety.

On the flip side, economic slowdown in several countries and the high cost of upgrading legacy systems while installing modern sensors are likely to hamper the growth of the global hazardous sensors market.

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Increased Use of Hazardous Area Sensors in Oil and Gas Industry

The prominent applications of hazardous area sensors include oil and gas, power, mining and metal, healthcare, grain storage, chemical, waste and sewage management, pharmaceutical, and fertilizer. The use of hazardous area sensors in the oil and gas sector has been significantly high and over the forecast period from 2015 to 2023, this application segment is expected to lead the overall hazardous area sensors market. The rising demand for shale gas and coal gas, coupled with increasing exploration for new gas fields, has been positively impacting the market.

Servomex Group, Ltd., Neo Monitors AS, Eaton Corporation Plc, Sick AG, Mettler-Toledo International, Inc., ABB Group, Yokogawa Electric Corporation, Honeywell International, Inc., Endress and Hauser, and Siemens AG are some of the leading players in the global hazardous area sensors market.

Developed Markets to Register Sluggish Growth as Developing Regions Surge Ahead

The global market for hazardous area sensors has been geographically segmented into Asia Pacific, North America, Europe, and Rest of the World. Asia Pacific has been the leading revenue generator in the hazardous area sensors market with a share of more than 35% in 2014. The region is expected to retain its lead throughout the forecast period owing to high economic growth in countries such as India and South Korea. In addition, the rapid growth of various industrial sectors and the increasing importance attributed to intrinsic safety in most industry verticals have been instrumental in driving the hazardous area sensors market in Asia Pacific.

North America has been just as significant a market as APAC, fueled by the replacement of existing hazardous area sensors and the constant upgrade of legacy systems. The growth in certain sectors, such as shale gas exploration, waste and sewage management, and healthcare, is also likely to boost the hazardous area sensors market in North America. The regional market, along with Europe, is considered to be rather mature and is thus estimated to exhibit sluggish growth over the next few years.

 

Despite holding a minimum share in 2014, the hazardous area sensors market in the Rest of the World is anticipated to register the fastest growth rate from 2015 to 2023. This segment is projected to be fueled by the oil and gas as well as the mining and metal industries. Several countries in RoW, such as Brazil and South Africa, have been emphasizing on intrinsic safety in the industrial sector. As an increasing number of countries follow this trend, the hazardous area sensors market is likely to receive an impetus during the forecast period.

Research Report:http://www.transparencymarketresearch.com/hazardous-area-sensors-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Gasket and seals market – advanced industry research review 2023

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Gasket and seals are primarily used to fill the empty spaces between the coupling surfaces to avoid leakage and wastage of fluids and gas. In addition, gaskets also help in maintaining pressure and avoid contamination from the external environmental condition. Gaskets and seals are specifically designed depending upon the end-use surface and the type of coupling. These products have the property of withstanding high compressive loads. In order to check the strength of gaskets and seals certain tests are undertaken. Silicone and rubber are the most preferred material used for manufacturing gaskets and seals owing to their superior characteristics including high reliability, better strength, high flexibility, and resistance to high heat and pressure.

The market for gaskets and seals is segmented on the basis of materials used, types, end-use verticals, and geography. On the basis of types, the gaskets and seals market is segmented into gasket; which are further categorized into metallic gaskets, rubber gasket, cork gasket, non-asbestos gasket, ring joints, and spiral wound gaskets. The types of seals considered include-ring seal, lip seal, mechanical seal, rotary seal and others. Based on end use, material required for gasket and seal manufacturing is decided. Based on type of material used to manufacture gaskets and seals, the market is segmented into fiber, graphite, PTFE, rubber gasket, silicone gasket and others. Based on end-use, the market for gasket and seal is segmented into power and energy, industrial and manufacturing, oil and gas, automotive and chemical and petrochemicals among others. Based on geographical regions, the market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Over the forecast period, Asia Pacific is expected to witness maximum growth on account of growing industrial sector in the region.

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With increase in industrialization and urbanization globally, there has been considerable rise in the number of manufacturing plants, machineries, automobiles, and various other mechanical instruments which use gasket and seals. This has had positive impact on the market growth. Gaskets and seals are major peripheral required in plumbing systems. With economies recovering post economic recession, construction industry is expected to regain its growth level, thereby supporting the demand for plumbing systems and hence, gasket and seals.

In automobiles, gaskets and seals are widely used for shunting to avoid leakage or wastage of expensive fluids or gas. Owing to their property to sustain extreme pressure conditions, compressive loads, and heat, gasket and seals have significant scope across different industry verticals. However there are certain restraints too, which are curbing the market growth of gasket and seals. Due to price volatility of raw materials like rubber, silicone, graphite etc. the overall price of gaskets and seals is also expected to rise to some extent. With increase in electrification/industrial automation, the use of gaskets and seals has been on a decline.

Some of the key players manufacturing gaskets and seals include Dana Holding Corporation, Flowserve Corporation, Smiths Group PLC, Freudenberg Sealing Technologies Gmbh & Co. Kg, Federal-Mogul Holdings Corporation, Datwyler Holding Inc. andVictor Gaskets India Limited among others.

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Gas to liquids (GTL) – increasing deployment of GTL technology for developing clean fuel globally supports growth of GTL industry

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Gas to liquids (GTL) is a refinery process for converting natural gas or any other kind of gaseous hydrocarbons to longer-chain hydrocarbons such as diesel fuel or gasoline. Methane-rich gases get converted to liquid synthetic fuels either via direct conversion or non-catalytic processes. These processes are used for the conversion of methane to methanol in just a single step or by syngas as an intermediate using Mobil, Fischer Tropsch, and syngas to gasoline plus processes.

The globally rising consumption of energy and an emphasis on converting of waste flare gas into useful products globally are amongst the major factors fuelling the development of the gas to liquids market. In addition, the policies made by governments globally in favor of the development of clean fuel will also impact the market positively. Furthermore, the increasing consumption of natural gas, particularly within nations such as Japan, China, and India and the rising advancement of smaller sized micro-channel reactors in place of the traditionally utilized reactors have emerged as key growth opportunities in the market.

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There are a number of commercial uses of the gas to liquid processes. Transparency Market Research (TMR), a market intelligence company throws light on the top commercial uses of gas to liquid processes and the ways these processes have been deployed by a number of companies in different application areas.

Refineries are able to convert a large amount of their gaseous waste products into valuable fuel oils, which can then be sold as-is or can be blended with diesel fuel. As per the World Bank, more than 150 bn cubic meters of natural gas is vented or flared yearly, an amount worth around $30.6 bn, which is an equivalent to 25% of the gas consumption of the U.S or 30% of the annual gas consumption of the European Union, using the method of GTL.

GTL processes are also utilized in the economic extraction of gas deposits within locations where it is not viable to build a pipeline. The popularity of the GTL process is increasing owing to the depletion of crude oil resources.

Biofuels Power Corporation (BFLS) signed a letter of intent with Liberty GTL, Inc. and thyssenKrupp Industrial Solutions on August 1, 2014 on building a small scale GTL demonstration facility within Houston, Texas. This GTL pilot plant was completed on December 31, 2014. The key purpose of this GTL pilot plant was to present a commercial demonstration of converting the stranded natural gas resources into synthetic crude oil. More such projects are afoot worldwide and will likely accelerate the development of the gas to liquids market.

In the early days of experimenting of GTL by a number of organizations, Petrobras, a Brazilian oil company has employed two small experimental GTL production facilities for its offshore oil fields. The research and development center of Petrobras has approved the commercial deployment of this GTL technology, supplied by CompactGTL, a UK-based GTL company. Thus, such development will further augment the development of the market.

Thus, the deployment of GTL technology in a number of applications globally will fuel the overall market in the coming years. However, the need for considerable expenditure for the development of large-scale GTL plants is a major factor that may inhibit the growth of the market in the coming years.

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Maritime security market dynamics, segments, size and demand 2020, PMR report

Security is one of the major concerns for the national and state governments globally. Maritime security is one of the majorly used security system involved in the prevention from intentional damage through sabotage, subversion or terrorism. Maritime security system is essential for the protection of nation’s security. Recently, is has become much important for every country to defend against increasing maritime threats such as terrorist threats, environmental destruction, illegal seaborne immigration and transnational criminal and piracy threats. Crime against ship is one of the biggest concerns for the maritime security professional operating the system.

Global maritime security market can be bifurcated into port and critical infrastructure security, vessel security, and coastal surveillance. Some of the technologies used in the maritime security are surveillance and tracking, weather monitoring, access control, screening and scanning, geographic information system (GIS) and supervisory control and data acquisition (SCADA). Surveillance and tracking technology (underwater surveillance, video surveillance, automatic identification system (AIS)) has the largest market share for maritime security system.

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In 2013, North America has the largest market share for maritime security system, followed by Europe and Asia-Pacific. However, Asia Pacific region is expected to become the largest market for maritime security system by 2020. Asia Pacific market is expected to witness highest growth rate in coming future. Emerging markets of Asia Pacific such as China and India are expected to boost the Asian maritime security market.

 

 

 

Increasing global sea trade is driving the global maritime security market. Additionally, increasing number of terrorist threats, rising awareness regarding the need for better security system, regulations in favor of necessitating security standards is expected to drive the maritime security market especially in the coastal region. Pirates and terrorists use innovative technology which can cause serious damage to the ships, as well as a nation’s security. Technological advancement and development of integrated security solutions is expected to provide growth opportunity for the global players to establish themselves in the emerging markets of Asian region.

Global maritime security market is dominated by multinational companies. However, there are some small manufacturers of gas masks operation in the market, but at regional level. Some of the major companies operating at the global maritime security market are SAAB Group, Thales Group, Sonardyne International Ltd., Bae Systems Inc., Elbit Systems Ltd., Northrop Grumman Corporation, Telecommunication Systems, Inc., Westminster Group, Honeywell International Inc. and Harris Corporation.

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Key points covered in the report

  • Report segments the market on the basis of types, application, products, technology, etc (as applicable)
  • The report covers geographic segmentation

 

  • North America
  • Europe
  • Asia
  • RoW

 

  • The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
  • The report provides company profiles of some of the leading companies operating in the market
  • The report also provides porters five forces analysis of the market.

 

About Us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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CNG and LPG vehicle market: Drivers, historical and current sizes 2020, PMR Report

Vehicle engine which uses liquid petroleum gas (LPG) or compressed natural gas (CNG) as a secondary fuel are termed as CNG and LPG vehicle. Internal combustion engines running on LPG or CNG are well-proven technologies and work similar to conventional fuel-powered spark ignition engines. Both LPG and CNG are mostly used in spark-ignition engines for bi-fuelled vehicles (vehicles that can operate on more than one fuel type). CNG and LPG are also getting popularity in compression-ignition engines based vehicle such as diesel operated heavy-duty vehicles.

On the basis of vehicle type, the global CNG and LPG market can be categorized in three broad segments namely passenger cars, light commercial vehicle market, and others. On the basis of fuel type the market is further segmented in LPG and CNG.

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The LPG and CNG vehicle is gaining penetration in developing countries attributed to low-cost of CNG and LPG over rising prices of petroleum products. In addition CNG and LPG operated vehicles are considered as a green alternative of petroleum operated vehicles. The bi-fuel options offered by LNG and LPG vehicles make them one of the preferred choices among end user, mainly in terms of saving in running costs. Moreover cost benefits of CNG and LPG coupled with significant carbon emission reduction is expected to increase the LPG and CNG market globally.

Asia Pacific is the largest market for CNG and LPG vehicle followed by Europe and North America. Iran, India, and Pakistan are the major market of CNG and LPG vehicles in Asia pacific. Italy is the largest market of CNG and LPG operated vehicle in Europe. The current growth is highest in Asia Pacific and it is expected that price conscious consumers coupled with increasing crude oil prices in this region will keep the growth rate steady during the forecasted period. The strict emission standard by European Union (EU) is driving the market of CNG and LPG in Europe.

Some of the leading global players operating in original equipment manufacturing (OEM) market of CNG and LPG include, Fiat S.P.A., Ford Motor Company, General Motors, Hyundai Motor Group, Suzuki Motor Corporation, Volkswagen and Honda Motor Co., Ltd. Some of the leading aftermarket players include, Landi Renzo, Impco, Venchurs, Westport, and Tomasetoo Achile.

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     Key points covered in the report

  • Report segments the market on the basis of types, application, products, technology, etc (as applicable)
  • The report covers geographic segmentation

 

  • North America
  • Europe
  • Asia
  • RoW

 

  • The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
  • The report provides company profiles of some of the leading companies operating in the market
  • The report also provides porters five forces analysis of the market.

 

About Us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact

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Automotive seat belt market expanding at a stable 8.4% between 2015 and 2021, according to PMR report

Persistence Market Research (PMR) delivers key insights on the Global Automotive Seat Belt Market in its latest report titled “Global Market Study on Automotive Seat belts: 3 Point Seat Belt Segment to Witness High Growth by 2021”.

The global automotive seat belt market is estimated to be valued at US$ 11,987.6 Mn by the end of 2015. The market is expected to register a CAGR of 8.4% between 2015 and 2021. In terms of volume, the market accounted for 433,480 thousand units in 2014, and is expected to increase at a CAGR of 6.8% over the forecast period to reach 684,555 thousand units by 2021 and by value to Account for US$ 19.5 Bn by 2021.

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Growth of the global automotive seat belt market is mainly driven by increasing government road safety regulation and high incidence of road accidents worldwide.

Increasing uptake of three-point belts, rising adoption of various advance safety technologies, shift to active safety systems, and substantial investment in R&D activities by key players for product innovation are major trends observed in the market.

The global automotive seat belt market was valued at US$ 11,026.6 Mn in 2014. Asia Pacific (APAC) was the largest market for automotive seat belts, accounting for 28.8% revenue share of the overall market in 2014, followed by Europe accounting for 28.0% share. Moreover, Asia Pacific market is expected to exhibit highest CAGR of 11.4% during the forecast period (2015–2021), followed by the MEA market, which is expected to expand at a CAGR of 8.5%. APAC is forecast to remain the most attractive market for major players, and is expected to represent the highest absolute $ opportunity over the forecast period. Drivers such as increasing government regulations regarding road safety and high incidence of road accidents is expected to support growth of the automotive seat belt market.

By vehicle type, passenger car segment accounted for US$ 7,597.1 Mn and 318,710 thousand units in terms of volume in 2014.

By technology type, pretensioner segment was valued at US$ 3,913.4 Mn in 2014 and is expected to increase at a CAGR of 8.0% over the forecast period to account for US$ 6,717.4 Mn by 2021.

By design type, three-point belt was the largest segment, valued at US$ 10,342.6 Mn and accounted for approximately 93.0% share in 2014. Two-point segment was the second-largest segment by design type, accounting for around 4.0% revenue share of the market.

Key players in the global automotive seat belt market are Autoliv Inc., ZF TRW Automotive Holdings Corp., Takata Corporation, Robert Bosch GmbH, Continental AG, Denso Corporation, Key Safety Systems Inc., Toyoda Gosei Co. Ltd., Hyundai Mobis Co. Ltd., Tokai Rika Co. Ltd.

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Major players are focusing on research and development activities in order introduce innovate products to enhance their market shares.

 

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Automotive safety system market: Facts and analytical insights 2020, PMR report

Safety is on of the major concern for the driver and the passenger while travelling. Automotive safety system is the practice of designing and constructing the vehicle with required safety equipment. These equipments save passengers and drivers from getting injured from sudden jerk and accidents. Main purpose of automotive safety system is to cushion driver during vehicle crash and protect the body when the body strike the interior objects of the vehicle such as the steering, wheel or window. Modern vehicle are designed with multiple automotive safety equipments situated in different side and frontal location of the person driving the vehicle. While the vehicle is running, passengers and drivers do travel with same speed. When the vehicle suddenly stops, people seating are still in the same velocity and can get injuries while the vehicle crashes.

On the bases of performance global automotive safety system market can be bifurcated into automotive airbag (frontal airbag, side airbag, knee airbag, rear curtain airbag and centre airbag), automotive seat belt (two point belts, lap belts, sash belts, three point belts, five point belts, belt in seat and six point belts) and others. During vehicle collusion 75% of drivers are ejected from the vehicle, seat belts prevents the driver from getting ejected while sudden collusion, protecting the driven from injuries or death.

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North America has the largest market share for automotive safety system, followed by Europe and Asia-Pacific. The U.S and Japan are the largest market for automotive safety system globally. Asia-Pacific region is expected to witness highest growth in the forecasted period owing to increasing domestic demand for vehicle with added safety equipments within the vehicle. Emerging markets of China and India are expected to boost the Asian automotive safety system market.

 

 

 

Increasing number of deaths in road accident is accelerating demand for safety measures, increasing the global automotive safety system market. According to Alabama’s Department of Public Safety in 2013, there were 367 traffic deaths, among which 178 deaths happened to those who were not wearing seat belts while driving. Additionally, safety regulations implied by the government agencies and increasing life expectancy is also driving the global automotive safety system market. Rising disposable income level have influence the individuals to invest more on safety features within the vehicle, further increasing the demand for automotive safety system. Also, increasing customer awareness about technological changes related to safety equipments within the vehicle may act as market drive in coming future.

Customer’s willingness to spend more on safety equipments within the vehicle is prompting multinational companies to invest more in this market. Some of the major companies operating in the global automotive safety system market are Delphi Automotive plc, TRW Automotive Holdings Corp., Key Safety Systems Inc., Tokai Rika Co. Ltd., Toyoda, Denso Corp., Takata Corp. and Autoliv Inc.

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  • Report segments the market on the basis of types, application, products, technology, etc (as applicable)
  • The report covers geographic segmentation

 

  •             North America
  •              Europe
  •              Asia
  •              RoW

 

  • The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
  • The report provides company profiles of some of the leading companies operating in the market
  • The report also provides porters five forces analysis of the market.

 

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Automotive multi-wheel drive market: Information and analytical insights 2020, PMR report

Automotive multi-wheel drive, also known as all wheel drive (AWD), refers to a specific class of vehicle in which all the wheels of the vehicle receive torque directly from the internal combustion engine (IC engine). The multi wheel drive automobile is based on an electro-hydraulic multi-plate clutch (or Haldex) technology. Multi wheel drive automobile are controlled through an electronic control system that react immediately to adjust wheel traction by changing the locking arrangement of the Haldex clutch. Haldex clutch can allocate up to 50 percent of the drive torque to any of the wheels present in a multi wheel drive automobile.

On the basis of vehicle class, the global automotive multi wheel drive market can be segmented into three broad categories namely passenger car, light commercial vehicles (LMVs), and heavy commercial vehicles (HMVs). Further on the basis of system type the global automotive multi wheel market can be further categorized in two broad categories namely, automatic automotive multi-wheels drive market and manual automotive multi-wheels drive market.

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Rising demand of powerful commercial vehicles such as heavy duty Lories from emerging market, increasing consumers concern towards safety, government regulations, increase in vehicle sales and safety installations per vehicle, growing demand of fuel efficient vehicle, and better stability and control associated with multi-wheel drive automobile are some of the predominant driver of multi-wheel drive automotive market.

The increasing demand of sports utility vehicles (SUVs) and mini sports utility vehicle in developing countries has led to new market opportunity for the automotive multi wheel drive market in recent years. Whereas lacks of aftermarket for multi wheel drive automobiles is one of the major challenges for the industry.

 

 

 

Europe is the largest market of automotive multi wheel drive market closely followed by North America and Asia Pacific. The emerging markets of Asia Pacific are showing lucrative growth for automotive multi wheel drive market. With many up and coming passenger safety related regulation, it is expected that the market will exhibit healthy growth in coming years. Moreover increased purchasing power of the consumers in this region has helped the market of luxury and high-end premium segment cars in this region. Stiff safety related regulation by European Union (EU) is one of the major drivers of multi wheel automotive in this region.

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Major companies operating in Global automotive multi-wheel drive market include, ZF Friedrichshafen AG, BorgWarner Inc, Jtekt Corporation, Eaton Corporation Plc, Dana Holding Corporation, Magna International Inc., Continental AG, American Axle Manufacturing, GKN Plc, and Oerlikon Inc

 

  Key points covered in the report

 

  • Report segments the market on the basis of types, application, products, technology, etc (as applicable)
  • The report covers geographic segmentation

 

  • North America
  • Europe
  • Asia
  • RoW

 

  • The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
  • The report provides company profiles of some of the leading companies operating in the market
  • The report also provides porters five forces analysis of the market.

 

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Automotive magnesium alloy market: Drivers, historical and current sizes 2020, PMR report

Automotive Magnesium Alloy is light metal alloys use extensively in automobiles original equipment manufacturing (OEM).  Magnesium alloys offers higher strength, high thermal stability, rigidity, higher specific strength, ductility and it is light in weight compare to aluminium and steel.

Automotive magnesium alloy are used in various vehicle’s interior parts, body parts, and chassis such as in crank shaft, oil pumps, mounts, brackets, housings, cylinder crankcase, and radiator support or carrier magnesium alloys also improves the aero dynamic performance of the vehicle by reducing overall weight on the front of vehicles.

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On the basis of various applications, the global magnesium alloy market is categorize in four different segment namely,

  • Chassis: brake bracket and bracket assembly, clutch pedal bracket, air bag housing, engine cradle or sub frame.
  • Interior: seat base, console bracket, instrument panel, reinforcement, console support bracket, (anti breaking system) ABS Housing, steering wheel armature, lock housing, and actuator housing and retainer
  • Exterior: sun roof cover, outside mirror armature, roof and frame, and wheel frame
  • Powertrain: alternator bracket, valve cover, cam cover, and transfer case

In past few years there has been a trend towards reducing the weight of the vehicles to enhance vehicle performance such as reduces acceleration or deceleration time. Magnesium alloys also reduce front weight of the vehicle which helps in better design specification such as centre of gravity and aero dynamics of the vehicle. Automobiles parts made of magnesium alloys offers reduce noise, reduce vibration and better scratch resistance properties compare to aluminium and steel.

Inconsistent properties of magnesium alloys in High Pressure Die Cast (HPDC) parts, poor corrosion resistance properties of magnesium and the consumer perception that magnesium is a flammable is acting as the major challenge for the industries.

Asia Pacific is the largest market of the magnesium alloys followed by Europe and North America China and Japan are the some of the leading market in the Asia Pacific. Germany and Italy are the largest automotive magnesium alloys market in Europe. The U.S. accounts for the largest market share in North America. Asia Pacific is the fasted growing market of automotive magnesium alloys attributed to the increasing annual vehicle production and increasing demand of luxury vehicle from class A consumers in this region.

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Some of the leading companies operating in global automotive magnesium alloy market include, Beijing Guangling Jinghua Science & Technology Co., Ltd. (“Gonleer”), Nanjing Yunhai Special Metals Co., Ltd., Meridian, STOLFIG,  TAKATA, and Autoliv.

 

Key points covered in the report

  • Report segments the market on the basis of types, application, products, technology, etc (as applicable)
  • The report covers geographic segmentation

 

  • North America
  • Europe
  • Asia
  • RoW

 

  • The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
  • The report provides company profiles of some of the leading companies operating in the market
  • The report also provides porters five forces analysis of the market.

 

About Us:

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To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Automotive lighting market: Drivers, historical and current sizes 2020, PMR report

Automotive lighting is the used for illumination purpose in automobile vehicles. The lighting system of automobile vehicle consists of various lighting and signaling devices, which is integrated with various parts of a motor vehicle. Automobile lighting is used in the front, back, sides and top portion of the vehicle. Automotive lighting indicates vehicle’s presence, size, position, direction of travel, and the driver’s intentions regarding direction and speed of travel. Various components of automotive lighting includes auxiliary lights, headlights, taillights, sidelights, interior light, compact lights, off road lights, fog lights, dome light, key light, instrument displays light and other  light accessories. These lights are used for many purposes in vehicles such as to drive the vehicle safely in dark, enhance the visibility and act as the warning signals.

Automobile manufacturers have significantly minimized the energy consumption by using LED and adaptive lighting technologies. There are mainly three types of technologies used in automotive lighting such as xenon, halogen and LED. Among these, halogen is most widely used automotive lighting.

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Some factors that drive the automotive lighting market are growing concern of road safety, increasing use of higher efficiency of LED automotive lighting technology and lighting legislations by governments. Increase in purchasing power of individual helps to increase the demand for sophisticated and advance technologies such as advance front lighting system (AFS) and daylight running lights (DRLs). Growing total number of vehicle in the BRIC nations further creates large opportunity for the growth of automotive lighting market in the coming years.

 

 

 

Asia Pacific is the largest automotive lighting market across the world. India, China, Japan and South Korea are some of the prominent countries, which accounts majority of the vehicle production thus offering growth opportunity for automotive lighting market. Asia Pacific is followed by Europe and North America. High vehicle production volume, growing economy, rising population and changing consumer lifestyles are some of the reason which drive the automotive lighting market.

Some of the major companies operating in global automotive lighting market are includes, General Electric (GE), Hella Kgaa Hueck & Co., Hyundai Mobis, Ichikoh Industries Ltd, Koito Manufacturing Co., Ltd., Magneti Marelli S.P.A, Osram GMBH, Royal Philips Electronics, Stanley Electric Co. Ltd, Valeo S.A and Zizala Lichtsysteme GMBH (ZKW).

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  • The report covers geographic segmentation

 

  • North America
  • Europe
  • Asia
  • RoW

 

  • The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
  • The report provides company profiles of some of the leading companies operating in the market
  • The report also provides porters five forces analysis of the market.

 

About Us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Automotive door module market: Facts, figures and analytical insights 2020, PMR report

An automotive door module is an arrangement of a rubber-sealed carrier, onto which an array of automotive door components such as the window sliding mechanism, the wing mirror arrangement, loud speaker, wiring harness, door latch inner and outer release cable, door locks and various switches are fitted.

The various component of automotive door module include latches, lift gate switches, power lift gates, variable boot openings, composite panels, and plastic panels.

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Based on the various design module of the automotive door, the global automotive door can be classified as door trim modules, structural door, door platform module and two-sided door module.

The automotive door module controls various functionalities such as latching or locking function, wing mirror movements, on mirror fitted indicator light, defroster and door indicator lamps. The automotive door module technology is advancing particularly by the increase use of automotive sensors for passenger convenience and safety. One such example is introduction of advanced trapping detection for the automotive window system. It reduces the risk of injury to the passengers by stopping the movement of the window when a body part such as finger, or hand or an arm is introduced into the window during window climbing.

The global automotive production is going through a surge particularly led by the emerging economies of Asia Pacific. The increase demand of automobiles is in turn driving the automotive door module market. Moreover the advancing automotive sensor technology and increasing application of mechatronics system in vehicle automation is expected to drive the door module market in forecasted period. The increasing prices of raw materials such as natural fiber, steel, and plastic coupled with lack of aftermarket for automotive door module is acting as one of the major challenge for the industry.

Asia Pacific is the largest market of automotive door module attributed mainly to the large scale production of passenger vehicle in China and India. It is then followed by Europe and North America. Asia Pacific and rest of the world (RoW) are fastest growing market for automotive door module and with rising demand of goods carriers and passenger car in these regions.

Some of the major companies operating in global automotive door module market include, Aisin Seiki Co., Ltd., Brose Fahrzeugteile GmbH & Co. KGDura, Automotive Systems, LLC, Faurecia SA, Grupo Antolin Irausa, S.A., Inteva Products, LLC, Kuester, and Magna International Inc.

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  • The report covers geographic segmentation

 

  • North America
  • Europe
  • Asia
  • RoW

 

  • The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
  • The report provides company profiles of some of the leading companies operating in the market
  • The report also provides porters five forces analysis of the market.

 

About Us:

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To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Automotive airbag market: Drivers, historical and current sizes 2020, PMR report

Airbag is one of the automotive safety devices. Automotive airbag consists of flexible fabric envelope or cushion that is designed to inflate at the time of vehicle collision while driving. Main purpose of automotive airbag is to cushion driver during vehicle crash and protect the body when the body strike the interior objects of the vehicle such as the steering, wheel or window. Modern vehicle are designed with multiple airbags situated in different side and frontal location of the person driving the vehicle. Automotive airbags are deployed with sensor which activates the airbags according to the type and severity of the collusion. Modern vehicle consists of airbag control unit which monitors different parts within the vehicle such as wheel speed, side door and break pressure.

On the bases of location of airbags within the vehicle global airbag market can be bifurcated into frontal airbag, side airbag, knee airbag, rear curtain airbag, centre airbag and seat cushion. Frontal airbag has the largest market share, followed by side airbags. Automotive are the major end-user of airbag technology. Other major end-users include aerospace and military aircrafts.

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North America has the largest market share for automotive airbag technology, followed by Europe and Asia Pacific. The U.S. is the largest user of the airbag technology owing to technological advancement. Europe is on the verge of recovery from recession and is expected to witness average growth in coming future. Asia Pacific region is expected to witness highest growth in the forecasted future owing to increasing domestic demand of vehicle with added safety equipments within the vehicle.

Increasing number of deaths in road accident is accelerating demand for safety measures, increasing the global automotive airbags market. Additionally, safety regulations implied by the government agencies and increasing life expectancy is also driving the global airbag market. Rising disposable income level have influence the individuals to invest more on safety features within the vehicle, further increasing the demand for automotive airbags market to some extent. Also, increasing customer awareness about technological changes related to safety equipments within the vehicle may act as market drive in coming future. Airbag technology on two wheelers may provide growth opportunity for the market leaders.

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Customers willingness of to spend more on safety equipments within the vehicle is prompting multinational companies to invest more in this market. Some of the major companies operating in the global automotive airbag market are Delphi Automotive plc, TRW Automotive Holdings Corp., Key Safety Systems Inc., Tokai Rika Co. Ltd., Toyoda, Denso Corp., Takata Corp. and Autoliv Inc.

 

Key points covered in the report

 

  • Report segments the market on the basis of types, application, products, technology, etc (as applicable)
  • The report covers geographic segmentation

 

  • North America
  • Europe
  • Asia
  • RoW

 

  • The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
  • The report provides company profiles of some of the leading companies operating in the market
  • The report also provides porters five forces analysis of the market.

 

About Us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Anti lock braking system (ABS) and electronic stability control (ESC) system market: Drivers and current sizes 2020, PMR report

Anti lock braking system and electronic stability control system is an automobile security system that allows the wheels on a motor vehicle to maintain strong contact with the road surface. These system works according to driver inputs during braking, avoiding uncontrolled skidding and preventing the wheels from locking up. Anti lock braking and electronic stability control system uses the principles of cadence braking and threshold braking. Major anti lock braking component are valves, speed sensors, pump, and controller.

Anti lock braking system and electronic stability control system improve the vehicle control, decreases stopping distances on dry and slippery surfaces and prevent the vehicles from accident in emergency condition. However, in case of loose surfaces such as gravel and snow-covered pavement, theses system may increase the stopping distance.

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Highway safety act in the U.S instructed the National Highway Traffic Safety Administration (NHISA) to consider requiring anti lock braking and electronic stability control system in passenger vehicles such as cars, pickup trucks, sport utility vehicles and vans. Many programs including, New Car Assessment Program (NCAP) awarding safety ratings to cars based on their safety performance. Growing technological advancement, stringent safety norms and increasing safety awareness are some key reason, which drives the anti lock braking system and electronic stability control system market.

In developed countries of North America, including the U.S and Mexico, high growth rate of automobile industry helps to grow anti lock braking system and electronic stability control system  market. Asia Pacific is considers to the fastest growing market. Increasing demand of luxury cars in the Europe and Asia Pacific countries, mainly in China, India and Japan creates high demand of anti lock braking system and electronic stability control system. Growth of these systems in the market also depends on the various government legislations in vehicles safety at national and international level.

Some of the major companies operating in global anti lock breaking system and electronic stability control systems are ADVICS, APG, Robert Bosch GmbH, BWI Group, Beijing Automotive Research Institute, Continental AG, DETC, Haldex, Hitachi Automotive, Ltd., Jiaozuo Brake, Junen, Kemi, Knorr, MANDO, NISSIN, Delphi Automotive Plc, Sivco, TRW, WABCO, Zhejiang VIE, Zhejiang Wangxiang and Zhengchang Electronic.

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  • North America
  • Europe
  • Asia
  • RoW

 

  • The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
  • The report provides company profiles of some of the leading companies operating in the market
  • The report also provides porters five forces analysis of the market.

 

About Us:

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To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Printed and chipless RFID market size worth $16.29bn by 2023: Global Market Insights Inc.

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Printed and Chipless RFID Market size is expected to reach USD 16.29 billion by 2023; as per a new research report by Global Market Insights, Inc.

Quantifiable advantages in stock control and security is expected to be one of the key drivers for the global printed and chipless RFID market size. This has driven adoption among actors across the supply chain, including manufacturers, distributors, wholesalers, and retailers. In the retail industry, the use of this technology helps increase sales, boost customer service, improve visibility, operational efficiency, etc.

With revenue estimated to exceed USD 6.3 billion by 2023, logistics and transport will remain the largest segment and continue leading printed and chipless RFID market share through the forecast timeline. This is further aided by decreasing cost of tags, mainly due to advancements in the fields of nanotechnology, printed electronics, and conductive inks. Infrastructure modernization in BRIC nations will also benefit the transport sector.

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The aviation industry accounted for over 12.5% of the overall revenue in 2015. Companies operating in this space have started incorporating the technology into their product offering. It proves particularly useful for reducing the overall expenditure and increasing efficiency.

Growth in the counterfeit items industry results in reduced profitability, which can be avoided by printed and chipless RFID market implementation across the sector. Along with product tracking and streamlined operation, technology adoption also contributes to improved brand image. A growing trend in the industry is increased popularity among small and midsized businesses (SMB).

Browse key industry insights spread across 122  pages with 35 market data tables & 19 figures from the report, “ Printed and Chipless RFID Market Size By Application (Aviation, Healthcare, Logistics & Transport, Retail), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, India, China, Japan, Brazil, Mexico, UAE, Saudi Arabia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/printed-chipless-rfid-radio-frequency-identification-market


Key insights from the report include:

  • Europe printed and chipless RFID market share is forecast to exceed 25% by 2023. Germany and the UK are the major regional contributors to this growth.
  • Positive technological landscape in key regional industries has resulted in high growth expectations on a global scale. These include collaborations for product innovation, such as photosensitive tags development. Considerable R&D investments will further intensify the impact of this trend.
  • Incumbent players need to dissipate concerns regarding data storage safety to enable increased commercialization and adoption.
  • Printed and chipless RFID market size in healthcare applications is anticipated to witness steady growth in the coming years. Implanting the tag can help provide faster solutions, and link clinical personnel to relevant medical records for patients suffering from syndromes that hamper communication.
  • Read-write tags have comparatively large memory and are more expensive. They are primarily used in applications, where the data needs to be updated during the process such as supply chain management and manufacturing. In chipless systems, readers detect the tag by signal processing demodulation technique for data extraction.
  • Major participants include Zebra Technologies, Alien Technology Corporation, Intermec, TAGSYS RFID, etc. Competitive advantage is based on parameters include product differentiation, go-to-market channel partners, performance, availability, etc.
  • Technology benefits in supply chain management comprise automatic scanning, enhanced visibility, labor reduction, asset tracking, traceable warranties, item level tracking, product recalls, and quality control.

 

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Global Market Insights has segmented the printed and chipless RFID market on the basis of application and region:

  • Global Printed and Chipless RFID Application Analysis (Revenue, USD Million, 2012 – 2023)
    • Retail
    • Transport & logistics
    • Aviation
    • Healthcare
  • Global Printed and Chipless RFID Regional Analysis (Revenue, USD Million, 2012 – 2023)
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • MEA

 

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About Global Market Insights

 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

Pneumatic conveying systems market size over $30bn by 2022: Global Market Insights Inc.

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Pneumatic Conveying Systems Market size is expected to reach USD 30.67 billion by 2022; as per a new research report by Global Market Insights, Inc.

Application specific product development and technological advancements will present growth opportunities to companies accounting for pneumatic conveying systems market share. Growing material handling equipment demand across numerous application industries can also be leveraged for driving profitability.

Innovation in filter materials has eased concerns regarding problems in filter capacity due to continuous conveying. Other initiatives include availability of compact pressure vessel equipment with intelligent control capabilities. Drop-through valves, blow-through valves, and high pressure airlock production is forecast to lead to improved precision.

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Chemical processing, pharmaceutical, and petrochemical industries have invested significantly to step up production capacity and address growing global demand. This has led to need for high process efficiency, which will fuel the pneumatic conveying systems market.

Demand in the food industry was valued at USD 5.7 billion in 2014, and will grow faster than the global average over the forecast timeline. Increasing government initiatives and mandates for manufacturing facilities to ensure sanitary operations coupled with rising concerns regarding health and safety issues associated with infected food will drive growth.

High initial investment required for replacing conventional conveyors with pneumatic counterparts may restrain growth in the coming years. The presence of high cost components and growing requirement for custom solutions may lead to increased pneumatic conveying system market price trend, which will pose a barrier to growth.

Browse key industry insights spread across 102  pages with 64 market data tables & 57 figures from the report, “ Pneumatic Conveying Systems Market Size By Technology (Vacuum Systems, Positive Pressure Systems, Combination Systems), By Operating Principle (Dense Phase Conveying, Dilute Phase Conveying), By End-Use (Pharmaceutical, Ceramic, Food, Rubber & Plastic), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/pneumatic-conveying-systems-market-size

Key insights from the report include:

  • Dilute phase pneumatic conveying systems market size will continue dominating global revenue, with growth expected at 5.5% CAGR from 2015 to 2022.
  • Positive pressure systems are set to surpass USD 15.5 billion in revenue by the end of the forecast timeframe. Vacuum based equipment is anticipated to account for over 30% of the overall revenue over the next few years.
  • The pharmaceutical segment is forecast to grow at 5.5% CAGR from 2015 to 2022. The inherent ability of this equipment to keep powder contained within the system is expected to fuel adoption in the segment, where there exists high demand for powder transfer via vacuum.
  • Reducing the creation of dust and streamers and automating all types of powder and granule material processes are chief drivers for the rubber, plastic, and ceramic industries.
  • U.S. pneumatic conveying systems market size will exceed USD 6 billion in sales by 2022. Major trends include advancements and availability of improved filter/separator designs as well as emergence of improved techniques that enable non free flowing material to flow easily towards the pick-up point.
  • Companies operating in the industry include Flexicon Corp, Gericke, Atlas Copco, Schenk Process, Coperion K-Tron, etc. Mergers, acquisitions, and product differentiation are among the major strategies for expanding pneumatic conveying systems market share.

 

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Global Market Insights has segmented the pneumatic conveying systems market on the basis of operating principle, technology, end-use, and region:

  • Global Pneumatic Conveying Systems Operating Principle Analysis (Revenue, USD Million, 2012 – 2022)
    • Dense phase conveying
    • Dilute phase conveying
  • Global Pneumatic Conveying Systems Technology Analysis (Revenue, USD Million, 2012 – 2022)
    • Positive pressure system
    • Vacuum system
    • Combination system
  • Global Pneumatic Conveying Systems End-Use Analysis (Revenue, USD Million, 2012 – 2022)
    • Ceramic
    • Pharmaceuticals
    • Food
    • Rubber & plastic
    • Others
  • Global Pneumatic Conveying Systems Regional Analysis (Revenue, USD Million, 2012 – 2022)
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • MEA

 

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About Global Market Insights

 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

Handheld imager market size worth $3.77bn by 2023: Global Market Insights Inc.

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Global Handheld Imager Market size is expected to reach USD 3.77 billion by 2023; as per a new research report by Global Market Insights, Inc.

Uncooled infrared imaging technology advancements and efforts to lower handheld imager market price trend will drive growth in the coming years. Improving price-performance characteristics creates and promotes migration from traditional devices such as laser scanners to camera-based imagers. Wide range of diverse applications integrating this technology is also anticipated to be a key driver.

Rise in R&D activities have brought higher yield and lower production costs through improvements in manufacturing techniques and material science, and have significantly augmented handheld imager market size. Thermal imaging technology is widely used in law enforcement tasks such as fugitive searches, officer safety, surveillance activities, accident investigation, marine patrolling, and locating evidence.

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Major trends include high product demand in surveillance and security applications across the private and public sector. Revenue generated from security applications is poised to approach USD 1.4 billion by 2023.

Growing microbolometer usage in numerous commercial products for fire and rescue missions, automotive night vision, thermography, etc. will drive consumption. The global microbolometer market size is estimated to reach USD 250 million by 2023. Growth opportunities lie in application areas such as veterinary science, maritime vessel inspection, food distribution & service, etc.

Browse key industry insights spread across 84  pages with 37 market data tables & 29 figures from the report, “ Handheld Imager Market Size By Application (Medical, Security, Industrial, Construction), By Product (Millimeter Wave Scanner, IR Scanner, Stud Finder, Microbolometer), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/handheld-imager-market


Key insights from the report include:

  • Global IR scanner market size was over USD 1.3 billion in 2015, and is forecast to grow at 11.4% CAGR from 2016 to 2023. Purchase decision is dependent on factors including hardware capability, software, product cost, quality and the associated technical support and service.
  • These devices determine when and where maintenance is needed in order to take preventive action and avoid expensive production breakdowns, which will contribute to handheld imager market size.
  • Construction applications will grow at 12.8% CAGR from 2016 to 2023. Developing infrastructure and rising need for implementing imaging solutions that are in line with other operations and processes are projected to fuel growth.
  • Medical applications were valued at just over USD 200 million in 2015. Considerable scope in patient diagnosis and monitoring will be responsible for expected growth across the sector.
  • U.S. handheld imager market share was over 25% of the global revenue in 2015. Asia Pacific is expected to grow at the fastest rate over the forecast timeline.
  • Use cases in the petrochemical industry include accurate and rapid diagnosis for furnace maintenance, condenser fin diagnosis and refractory loss management.
  • Major competitors accounting for handheld imager market share include Zircon Corporation, FLIR Systems, and ULIS. As a part of their growth strategy, FLIR emphasizes on facilitating customer application through innovation and expanding presence into new markets by investing in product development and improving sales capabilities. ULIS emphasizes on innovation in order to offer compact and low-cost products, thereby enabling it to address new trends in energy efficiency.

 

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Global Market Insights has segmented the handheld imager market on the basis of product, application, and region:

  • Handheld Imager Product Analysis (Revenue, USD Million, 2012 – 2023)
    • Stud Finder
    • IR Scanner
    • Millimeter Wave Scanner
    • Microbolometer
  • Handheld Imager Application Analysis (Revenue, USD Million, 2012 – 2023)
    • Construction
    • Industrial
    • Security
    • Medical
    • Others
  • Handheld Imager Regional Analysis (Revenue, USD Million, 2012 – 2023)
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • MEA

 

Read our insightful industry blogs

https://gminsights.wordpress.com

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About Global Market Insights

 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

Global AFC System market size worth $9.84bn by 2023: Global Market Insights Inc.

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Automated Fare Collection (AFC) System Market size is expected to reach USD 9.84 billion by 2023; as per a new research report by Global Market Insights, Inc.

Growing preference for integrated ticketing and electronic payments will drive AFC system market size in the coming years. A core component of the Intelligent Transportation System (ITS) market, this technology is expected to witness growth due to increased transport infrastructure developments globally.

Positive regulatory landscape is also forecast to impel automated fare collection system market growth. Fraud prevention, improved revenue management and transport service planning capabilities are among the key benefits of implementation. Considerable advancements in communications technology and proliferation of personal mobile devices such as smartphones and tablets will favorably impact the industry. This trend is particularly prevalent in Asia Pacific, with China AFC system market size forecast to surpass USD 700 million by 2023.

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The industry is technology-driven, with continued efforts for enhancing information safety. NFC automated fare collection system market share is set to grow at 12.3% CAGR estimations from 2016 to 2023. In addition to facilitating automated connections, the technology also provides an improved user experience. NFC can be used from point-to-point to pay-as-you-go schemes and offers multiple payment options.

Smart cards accounted for over 30% of the global revenue in 2015. These products are portable, more cost effective to manufacture than competing segments, and present low degree of complexity. It works on the premise of an embedded microchip that can write and process data in a protected environment, and can be contact-based or contactless in nature.

Browse key industry insights spread across 87  pages with 51 market data tables & 50 figures from the report, “ Automated Fare Collection (AFC) System Market Size By Component (Software, Hardware), By Technology (Magnetic Strip, Smart Cards, Optical Character Recognition (OCR), Near Field Communication (NFC)), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, China, India, Japan, Brazil, Mexico, Saudi Arabia, UAE), Application Potential, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/automated-fare-collection-AFC-system-market


Key insights from the report include:

  • Major hardware includes booking office machines, Ticket Vending Machines (TVM), handheld and mobile terminals, fare gates, etc. The segment is expected to grow at 10.3% CAGR from 2016 to 2023.
  • Based on the usage location, these products can be categorized into on-board and off-board equipment. Consumables include proximity cards, flash pass, ticket personalization equipment, etc.
  • Intelligent AFC systems are capable of estimating the best fare on the basis of parameters such as relevant discounts, prior journey logs, and travel length. Transparent fee collection methods help significantly boost customer satisfaction and bring value to transport authorities and end users.
  • U.S. automated fare collection system market share was over 85% of the North American revenue in 2015, and is forecast to remain the leading country over the forecast timeline.
  • The availability of improved transport statistics for future infrastructure planning and service enhancements is a compelling growth driver for the industry.
  • Major companies accounting for AFC system market share are Thales Group, Omron Corporation, Cubic Transportation, etc. Long life span and limited number of industry participants has led to intense competition. Companies enter into long term service contracts with buyers, leading to high entry barriers.

.

 

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Global Market Insights has segmented the Automated Fare Collection (AFC) system industry on the basis of component, technology, and region:

  • Global AFC System Component Analysis (Revenue, USD Million, 2012 – 2023)
    • Hardware
    • Software
  • Global AFC System Technology Analysis (Revenue, USD Million, 2012 – 2023)
    • Smart Cards
    • Magnetic Strip
    • NFC
    • OCR
  • Global AFC System Regional Analysis (Revenue, USD Million, 2012 – 2023)
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • MEA

 

Read our insightful industry blogs

https://gminsights.wordpress.com

http://www.fractovia.org

 

About Global Market Insights

 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

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