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Automotive Water Valves Market to Incur Rapid Extension During 2018 - 2028
Automotive Water Valves Market: Introduction
The underlying principle of an automotive water valve is thermal management. Automotive water valves optimize the in-cabin temperature of a vehicle in conjunction with heat control. They help in controlling and regulating coolant flow in an automotive, which, in turn, reduces the heat-up phase for fuel and thus, saves the emission of carbon dioxide. Automotive water valves remove excess heat from the engine, maintain the engine operating temperature and bring the operating temperature of the engine to the required temperature.
Automotive Water Valves Market: Drivers and Challenges
Over the last decade, technological advancements in production, miniaturization and management systems have revolutionized the automotive industry. The automotive industry has witnessed significant growth opportunities in several emerging countries. On an average, the automotive industry has seen satisfactory growth and is anticipated to witness healthy growth during the forecast period. It is expected that emerging economies will surpass the growth of the industry standard over the projected period. This can be attributed to the stable economic conditions and inclination towards better standard of living, which in turn are predicted to reinforce the trade of automobiles and subsequently, augment the growth of the automotive water valves market.
The increasing number of automobiles has forced the implementation of several governmental norms, which are further augmenting the demand for automotive water valves. Furthermore, the adoption of automotive water valves allows the combustion system of an engine to run at low emission efficiently as they regulate the operating temperature and maintain the load conditions.
However, increasing competition and digitalization are not enough for success. Only those players that can develop innovative technologies are expected to create market value share in the automotive water valves market in the future.
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Global Automotive Water Valve Market: Segmentation
On the basis of product type, the global automotive water valve market has been segmented as:
Electromagnetic Automotive Water Valves
Electric Motor-Driven Automotive Water Valves
Pressure Automotive Water Valves
On the basis of vehicle, the global automotive water valve market has been segmented as:
Passenger Car
Commercial Vehicles
Electric Vehicles
Tractor
Forklift
Automotive Water Valve Market: Regional Overview
Among all the regions, China is expected to dominate the automotive water valve market, owing to the fact that the country is a major producer of automotive parts and components and thus, a major manufacturer of automotive water valves. Also, the easy availability of low-cost raw materials for automotive water valves and the abundant availability of economic labor will drive the automotive water valve market. North America denotes a significant market share in the automotive industry and thus, the region is estimated to register robust demand in the automotive water valve market over the forecast period. The increasing inclination towards technically-developed product and cabin comfort is a key factor driving the trade of automotive water valves in Western Europe. Emerging economies such as those in the Middle East and Africa and South East Asia & Pacific are estimated to witness robust growth as a result of the shift of automotive part manufacturing facilities to these regions and their improved economic conditions. Further, European federal governments have integrated certain regulations regarding emission in their energy & climate program in order to maintain environmental and population safety, such as LCPD (Large Combustion Plant Directive) and TEHG (Greenhouse Gas Emission Trading Act), which in turn will augment the demand for automotive water valves in the global market over the projected period. Further, Japan has witnessed a significant decline in transport emission due to the implementation of stringent regulations. These regulations were imposed by the government bodies of Japan due to the increasing ageing population. This is a result of the noteworthy adoption of automotive water valves in vehicles, which is stipulated to retain the same momentum in the coming years.
Global Automotive Water Valve Market: Market Participants
Attributing to the presence of a vast number of local manufacturers, the automotive water valve market is a fragmented one and is expected to remain so throughout the forecast period. Examples of some of the market participants in the global automotive water valves market identified across the value chain include,
Johnson Electric Holdings Limited
MAHLE GmbH
Rotex Automation
VOSS Automotive GmbH
Jaksa Solenoid Valves
Bitron Industrie S.p.A
Hanon Systems
BorgWarner Inc.
Woco Industrietechnik GmbH
Vernet
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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Business Productivity Software Market to Significant Growth Foreseen by 2018 - 2028
Growing adoption of smartphones and the trend of ‘Bring Your Own Device’ (BYOD) is driving the global business productivity software market. The demand for efficient business processes is creating demand for business productivity software. Business productivity software help to maximize the business productivity by optimizing time and cost spent on the task or business process. Business productivity software enable effective control over project workflow. The major parameters customers look for while selecting business productivity software are reliability, cross-platform compatibility, advanced management features, employee monitoring features, tools for analysis and generating reports and others. Reliability is a key parameter since business productivity software are used for sharing and storing important business data. Safety and security are very important for business data and thus, business productivity software must be highly reliable. Cross-platform compatibility is another important parameter considered while selecting business productivity software since employees use different types of devices and operating systems. Business productivity software must be compatible with all types of devices and operating systems. Advanced management features of business productivity software, such as project management, chart generation and others, are the key differentiating features for business productivity software. An ideal business productivity software provides complete access and control over all the areas of business workflow. High-quality business productivity software facilitate data analysis, report generation and budget planning to make business management easy and automate the workflow of business.
Key features of the business productivity software include connecting teams, monitor business, communicative environment, analyze performance, process excellence, workforce optimization, customer experience analytics, enables to make strategic and operational decisions, advanced quality analysis and collaboration with multiple applications. Business productivity software optimizes the workforce and by workforce planning and forecasting. Workforce optimization minimizes operational cost, identifies revenue opportunities for businesses and helps in improving performance and transforming customer experience. Business productivity software capture the detailed view of customer expectations and help businesses make smart strategic decisions. Business productivity software continuously improve the business performance by tracking employee performance, quality management, workforce management and others on real time basis. Business productivity software effectively collaborate with other devices and applications, such as Office 365, Skype for business, Gmail and others. Several developments in business productivity software, with reference to technology, are proliferating the growth rate of the market. That apart, recent developments and innovations are expected to drive the global business productivity software market during the forecast period.
Business Productivity Software Market: Drivers and Challenges
Continuous improvements in cloud technology and growing need from the business sector for efficient productivity is creating a huge demand for global business productivity software market. Consumerization and diversification of IT is another potential parameter contributing to the growth of global business productivity software market. Increasing demand for efficient business operations with maximum profit and trend of BYOD will have a positive impact on the growth of global business productivity software market during the forecast period.
Factors, such as data security and poor compatibility with multiple devices, are the major factors restraining the growth of global business productivity software market during the forecast period. However, vendors are continuously focused on bringing improvements in security and compatibility, which will give a boost to the business productivity software market.
Business Productivity Software Market: Segmentation
Segmentation based on the type of deployment:
The business productivity software market is segmented based on the type of deployment i.e. on-premise and SaaS.
Segmentation based on the size of enterprises:
The business productivity software market is segmented based on the size of enterprise i.e. small and medium enterprises and large enterprises.
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Segmentation based on the industry:
The business productivity software market is segmented based on the industry i.e. IT and telecom, manufacturing, healthcare, BFSI and others.
Business Productivity Software Market: Key Developments
In May 2018, SHEA Business Solutions, a leading provider of business planning and business intelligence solutions acquired TGO Consulting, a provider of financial systems. With this acquisition, SHEA Business Solutions enhanced its client offerings to solve business problems.
Business Productivity Software Market: Key Players
Some of the key players operatingin the business productivity software market are Techwise (group), Outcess, ROEING CORPORATION, OfficeTimer, Datafortune, e-Zest Solutions, Magnitude Software, Inc., Avtex, ActionPoint Limited, SWC and others.
Business Productivity Software Market: Regional Overview
The business productivity software market is segmented into North America business productivity software market, Latin America business productivity software market, Western Europe business productivity software market, Eastern Europe business productivity software market, SEA and other APAC business productivity software market, China business productivity software market, Japan business productivity software market and Middle East & Africa business productivity software market. Presently, North America and Western Europe hold the largest market share in the business productivity software market. Due to the high adoption of advanced technology and high end IT infrastructure in the U.S., demand for business productivity software is high.
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Pentachlorophenol Market to Expand with Significant CAGR During2018 - 2028
Global Pentachlorophenol Market: Introduction
Pentachlorophenol is a chlorinated hydrocarbon fungicide and insecticide. It is primarily used to protect timber from wood boring insects and fungal rot. Pentachlorophenol products are highly toxic to plants and humans and are used as general herbicides and preharvest defoliants. Pentachlorophenol exists in white crystals or in a colorless form with a sharp phenolic odor at high temperatures, but with very low odor at room temperature. Pentachlorophenol has played an important role in the development of electricity distribution infrastructure and national communication. For more than 60 years, pentachlorophenol has been used by telecommunication and power generation companies for the protection of their utility poles made of wood. Therefore, the demand for pentachlorophenol for the protection and maintenance of utility poles and other wood products is expected to uplift the market. There are also certain challenges associated with human health, which are expected to impact the market dynamics of the active ingredients used in wood preservative chemicals and coatings. The health risks associated with wood preservatives vary by compound. Statistically, there has been a significant increase in the incidences of carcinomas, adenomas, malignant phenochromocytomas and hemangiomas due to the increased exposure to pentachlorophenol present in wood preservatives.
Global Pentachlorophenol Market: Dynamics
Pentachlorophenol is primarily used as a wood preservative for utility poles, wharf pilings and railroad ties. Therefore, increasing demand for wood preservation might acts as a driver for the pentachlorophenol market. Moreover, pentachlorophenol is highly toxic to humans from acute ingestion and inhalation exposure. Acute inhalation by humans can result in blood, neurological and liver effects and eye irritation. On the other hand, long-term (chronic) exposure to pentachlorophenol by inhalation in humans can caused bad effects on the blood, respiratory tract, liver, kidney, immune system, nose, eyes, and skin. Therefore, the adverse effects of pentachlorophenol act as restraints to the market growth.
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For almost two centuries, manufacturers have been dependent on preservatives, such as pentachlorophenol, creosote or heavy metal combinations for wood protection, but pressure from various government and environmental organizations has encouraged substitutions in many applications. Hence, nowadays the utilization of eco-friendly active ingredients, such as propiconazole and tebuconazole, is increasing day by day. All organic ingredients are utilized to prevent wood decay from fungus, which is going to hamper the global pentachlorophenol market.
Global Pentachlorophenol Market: Segmentation
The global pentachlorophenol market can be segmented on the basis of type, application and region.
On the basis of type, the global pentachlorophenol market can be segmented as:
Purity 99%
Purity 97%
Other
On the basis of application, the global pentachlorophenol market can be segmented as:
Wood Preservatives
Chemical Intermediates
Others
Global Pentachlorophenol Market: Regional Outlook
Pentachlorophenol was a widely preferred biocide in the U.S., but currently it is a restricted pesticide and is no longer available for use to the general public. In the U.S., the Federal government has establish regulations on pentachlorophenol, which must meet certain standard before it can be legally used as a pesticide. Federal regulations controlled by the EPA have registered the use and sale of certain preservatives to ensure that only properly skilled applicators have access to them. Pentachlorophenol is a wood preservative affected by these regulations. The European government has also restricted the use of pentachlorophenol in European countries, owing to its highly toxic nature. On the other hand, Asia Pacific is anticipated to hold a significant share of the global pentachlorophenol market over the forecast period, owing to the high import of pentachlorophenol by the countries of this region. The Middle East, Africa and Latin America are expected to hold the lowest share in the global pentachlorophenol market.
Global Pentachlorophenol Market: Market Participants
Examples of some of the market participants involved in the manufacturing of pentachlorophenol are:
Vulcan Chemicals
KMG Chemicals
Vermette Wood Preservers (VWP)
Sigma-Aldrich
Biotain Pharma Co., Ltd
Koppers Performance Chemicals
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Autonomous Farm Equipment Market Expected to Behold a 13.6 % CAGR through 2017 - 2026
Agriculture is one amongst the most overbearing industry since the beginning of human civilization. Constant growth in population, increasing need for food, fuel and feed is anticipated to influence trifold of the present-day cultivation. For this purpose, strategies such as initiation of autonomous farming and mechanization are adopted on a larger basis for yielding more from the constrained arable land. Increasing labor shortage and changing trends for the use of autonomous equipment are driving the demand for autonomous farm equipment. Development of IoT along with GPS systems application has transformed the agriculture industry.
High cost essential for the improvement of the equipment performance is likely to affect the product penetration. However, industry players are working towards reducing the total cost by making it affordable, which ultimately will increase the product penetration. M&A are amongst the foremost stratagems executed by the manufactures, in order to form exceptional foot hold in farm equipment industry. Moreover, the equipment provides less downtime and can be utilized even during night as well as extreme fog condition. Autonomous farm equipment provides with outstanding fuel efficiency, compared to standard counterparts and has less chances for errors. Variable climatic conditions and challenges like water shortage are dealt with the help of these equipment.
The report indicates that revenues from the global autonomous farm equipment market will increase at an impressive 13.6% CAGR during the forecast period, 2017-2026. The report further projects global sales of autonomous farm equipment to account for revenues worth nearly US$ 170,000Mn by 2026-end.
31–100 HP Output Power of Farm Tractors to Gain Traction during the Forecast Period
U.S., India and China are amongst the topmost countries witnessing maximum sales of farm tractors. 31–100 HP output power of farm tractors holds nearly 34.5% of the global market for autonomous farm equipment throughout 2026. Canada and U.S. contribute largely towards the growth of the segment. Factors such as low cost in comparison to restricted agricultural land for each farmer and superior horsepower farm tractors will drive fuel the market for medium and small range farm tractors in North America and APEJ.
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APEJ’s Autonomous Farm Equipment Market to Hold the Lion’s Share in Global Market by Expanding at Exceptional 14.1% CAGR
The market size of APEJ’s autonomous farm equipment is expected to reach a value of US$ 65165.8Mn throughout 2026, due to strong existence of well-known industry competitors in the region. High revenue production can be credited to rolling demand of products like tractors, harvesters and UAV (unmanned aerial vehicle), installed with auto steering operations. North America’s market for autonomous farm equipment is likely to depict momentous growth through 2026. Increasing product use in the region provides better fuel proficiency and higher productivity, which will drive the growth of industry players. Varying trend with regards to smart devices due to expansion of agrarian economies like India, will positively impact the product penetration in APEJ region.
In terms of revenues, partially autonomous equipment contribute significantly to the global market for autonomous farm equipment, subject to their extensive commercialization & competitive pricing. Tractors are expected to lead the market for autonomous farm equipment, in terms of revenue share, contributing nearly 30% sales by 2026. Availability of equipment at competitive price together with exclusive features such as finest path selection and prevention from overlapping paths will positively impact the product penetration.
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Automotive Bearing Market to Grow at 4.4 % CAGR through 2018 - 2026
Over an eight-year forecast period 2018-2026, the global automotive bearing market is projected to witness moderate growth at a 4.4% CAGR. According to a recently published research report by Persistence Market Research, the global market for automotive bearing registered a value worth US$ 18.47 Bn in 2017, which is poised to reach around US$ 27.02 Bn by the end of 2026. While exploding growth of the automotive industry is considered to be the key factor driving the demand for automotive bearings, Persistence Market Research has discovered a heap of other important factors and recently observed trends, which are foreseen to positively impact the performance of global automotive bearing market.
Amplified Investments in R&D to Support Market Growth
Increasing average lifespan of vehicles is expected to raise substantial demand for vehicular component repairing, replacement, and maintenance, eventually pushing the bearing market up in near future. Rapidly expanding fleet is generating decent aftermarket demand for automotive bearings, which is another key factor responsible for market growth. Manufacturers are increasingly investing in the expansion of production capacity of automotive bearings; moreover, a majority players are focusing more on R&D in order to bring in innovation to the marketplace.
Technological Advances Poised to Bring in Innovation
With advent of technology including IoT and emergence of cyber-physical systems, manufacturers are inclining more towards sensorised automotive components and mechatronic products, which enable digital service integration. This strategy is anticipated to help them prepare for the future manufacturing, i.e. Industry 4.0. Persistence Market Research identifies this as a significant development in shaping the future of automotive bearings market. The global market for automotive bearings is currently trending with the growing use of ceramic ball bearings in a bid to open up new doors to several innovative application areas, such as in electric vehicles. The market for automotive bearings is observed to be polarized towards a limited number of companies operating globally, which is estimated to fuel the market growth in next few years.
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By Product Type
Ball Bearings
Roller Bearings
Plain Bearings
Deep groove ball bearings
Angular contact ball bearings
Thrust ball bearings
Self-alignment ball bearings
Tapered roller bearings
Cylindrical roller bearings
Spherical roller bearings
Needle roller bearings
Thrust roller bearings
Roller bearings are likely to maintain a major market value share over ball bearings and plain bearings throughout the forecast period.
By Vehicle Type
Two Wheeler
Passenger Car (PC)
Commercial Vehicle (CV)
Passenger cars will continue to generate the maximum demand for bearings compared to commercial vehicles and two wheelers. However, two wheelers segment is expected to witness robust growth in coming years, exhibiting a promising CAGR over the assessment period.
By Application
Engine
Transmission System
Wheel Hub
Steering System
Suspension & Others (interior & exterior)
Highest applications are apprehended to exist in the transmission system segment, followed by wheel hub and steering system. Engine is also identified to be a steadily growing application segment.
By Sales Channel
Original equipment manufacturer (OEM)
Original equipment supplier (OES)
Independent Aftermarket (IAM)
While OEMs are expected to continue their dominance through to 2026, IAM segment will reportedly witness the highest growth at a CAGR of over 5%.
By Region
North America
Latin America
Europe
South East Asia & Pacific (SEAP)
China
Japan
Middle East and Africa (MEA)
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Currently, Europe is the leading market for automotive bearings but China is most likely to surpass European market in terms of growth rate, value, and value share. By 2026 end, China is presumed to be the largest market for automotive bearings. SEAP is expected to represent a highly lucrative market in near future.
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Automotive Smart Keys Market to Witness Comprehensive Growth by 2018 - 2028
Global Automotive Smart Keys Market: Overview
Automotive smart keys are a critical features for the automotive vehicle’s safety and security as well as to enable ignition of the engine. Automotive smart keys have become backbone for the vehicle model design owing to shifting people’s lifestyle towards luxurious vehicles coupled with rising disposal is also projected to shape up the market. With the help of automotive smart keys driver can operate various operation of vehicle without physically touch, such as vehicle doors locking or unlocking, control of windows, mirrors, radio pre-sets, moon roof and seat adjustment. Before 2010, transponder keys was used, but increased number of cases of cyber hacking or externally controlling the key’s signal, transponder key has vanished. In between 2010 and 2011, remote head type key were used for operating the vehicle’s necessary operations. Over the last five years, the automotive smart keys are using owing to its tremendous features for instance vehicle doors locking or unlocking, start or stop of engine and others. By the use of automotive smart keys driver is not required to insert a metal key into the tumbler and rotate the key in an ignition switch cylinder. For automotive smart keys push button has become common features for starting or stopping of vehicle. In terms of mechanism, a small chip installed inside the key that send a signal to a signal amplifier and in turn to the Electronic Control Unit (ECU), which then disengages the immobilizer system and allows engine to start. Furthermore, rising appetite of luxury vehicle in low cost which is technologically advance and also equipped with trending automotive technology is projected to give positive potential to automotive smart keys in developing countries. In terms of growth, the global automotive smart keys market is anticipated to grow with addressable pace across the globe owing increasing trend of remote control vehicle’s operation devices.
Global Automotive Smart Keys Market: Dynamics
Increasing technological advancement for vehicle’s safety and security technology such as automotive telematics system, advanced driving assistance systems (ADAS) and others. For synchronization of these technology a remote operated technology is required which can controlled vehicle’s necessary function via wireless remote are projected to enrich the demand for automotive smart keys over the forecast period. Moreover, phase in of various types of vehicles such as hybrid vehicles and electric vehicle which are equipped with advance safety and security features is also projected to ramp up the demand for automotive smart keys over the slated time period. Automotive smart keys market is projected to gaining significant traction across end users and technologies such as Transmission, Infra-Red Sensor and Others.
On the flip side, data security and safety is projected to hinder the growth of the global automotive smart key market across the globe by the end of 2028. However, high initial cost, owing to smart key is as a wireless technology and counterfeit product comes from China may decline the growth trend of the global automotive smart keys market during the forecast period.
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Renowned automotive smart keys manufacturer are focused towards to design and develop a compact and attractive automotive smart keys which could be used as multifunction for instance South Korea’s largest automaker Hyundai Motor Co. has launched an “H-band” type smart key for start or stop of vehicle. Luxury car manufacturer such as Mercedes Benz (Daimler), BMW, Audi, Lexus (Toyota), Jaguar Land Rover (Tata), Volvo (Geely), Porsche (VW) and Bentely (VW) are highly shifted towards automotive smart keys owing to its phenomenal features and they are using light weight and eco-friendly material for manufacturing of smart key’s chip and buttons.
Global Automotive Smart Keys Market: Segmentation
The global Automotive Smart Keys market can segmented on the basis of Application:
Single Function based automotive smart keys
Multi-Function based automotive smart keys
The global Automotive Smart Keys market can be segmented on the basis of Technology:
Security Technology
Infra-red Sensor Technology
Capacitive Sensor Technology
Others
The global Automotive Smart Keys market can be segmented on the basis of Sales Channel:
OEM
Aftermarket
Global Automotive Smart Keys Market: Regional Outlook
Asia Pacific is projected to be dominate in the global automotive smart keys market owing to rising automotive vehicle production and increasing installation of safety features in commercial vehicles and passenger vehicles. In Asia Pacific region, the embryonic stage and potential for automotive smart keys is projected to grow with addressable pace. North America region is projected to be second largest market for the automotive smart keys due to increasing adoption of smart technology for automotive vehicles during the forecast period. Europe is projected to account for relatively less contribution in the automotive smart keys market due to increasing hacking and cybercrime. Since, automotive smart keys are consider as wireless device. Therefore, the chance for vehicle theft or hacking could be high. However, Germany is projected to account for noteworthy value share in the Europe automotive smart keys market owing to Germany is considered as a hub for automotive industry and coupled with rising production of luxury car and passenger car. Middle East and Africa region is projected to grow with nethermost growth rate and accounted for minimal value share in the global automotive smart keys market over the slated time period owing to no production facility for automotive vehicles in the region. However, North African and GCC countries are projected to grow with noteworthy growth rate as compared to other countries in the region.
Global Automotive Smart Keys Market: Key Participant
Leading players in the global Automotive Smart Keys market are following:
Continental Automotive GmbH
DENSO Corp.
HELLA India Automotive Pvt. Ltd.
Hyundai Motor Company
LOCKMASTERS, INC.
Qualcomm Technologies, Inc.
Kwikset
GARIN System Co.,Ltd.
Valeo
United Technologies Corporation
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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Automotive Fan Drives Market to Incur Rapid Extension During 2018 - 2026
Automotive Fan Drives Market: Overview
An automotive fan drive is a component of a vehicle cooling system and its primary function is to rotate the vehicle’s cooling fan so as to prevent the engine from overheating and any other type of damage that may occur due to the overheating of engine components. The fan may be located at the front or the rear of the radiator. In terms of mechanism, automotive fan drives help rotate the radiator fan and cool the coolant as it circulates to the car’s engine from the radiator. Automotive fan drives also absorb extra heat from the engine. Older vehicles had mechanical fans to reduce the engine temperature, which were operated according to engine rpm and connected to the engine through serpentine belts (rubber belts).
In an internal combustion (I.C.) engine, hydraulic drive systems are used to drive cooling fans, owing to I.C. engine is reached at high temperature quickly as compared to electric vehicles. In racing vehicles or high speed vehicles, two cooling fans are used to maximize efforts and prevent the engine from overheating – one fan is positioned near the radiator and the second fan is installed near the condenser to reduce the temperature of air conditioner systems. Industry leaders are highly focused on using lightweight material for the manufacturing of automotive fan drives and automotive cooling systems. To counter the overheating problem in vehicles, a temperature sensitive fan clutch is used to maintain the temperature of the vehicle, which allows the fan to engage and disengage according to the vehicle’s operating temperature. The global automotive fan drives market is projected to be unstructured, owing to the involvement of numerous small level to medium level and high level players. Tech giants such as Eaton Corporation are seamlessly investing hefty money in research and development to gain noteworthy traction in the global automotive fan drive market. In terms of growth, the global automotive fan drive market is anticipated to grow with a remarkable growth rate, owing to the increasing vehicle fleet and vehicle production over the forecast period.
Automotive Fan Drives Market: Dynamics
Increasing production and sales of conventional vehicles are anticipated to hike the sales of automotive fan drives over the forecast time period. Increasing sales of high performance vehicles in Europe and North America is anticipated to ramp up the automotive fan drives market in these regions during the forecast period. For the effective performance of a vehicle’s engine, cooling is an essential parameter and to meet this criteria in high performance vehicles, hydraulic automotive fan drives are used. Thus, rising off-road racing activities are projected to boost the sales of automotive fan drives during the forecast period.
The growing popularity of electric vehicles may prove to be a challenge for the automotive fan drives market as electric vehicles are likely to replace vehicles with combustion engines in the future. In electric vehicles, cooling fans are not used near radiators and the only cooling fans needed near to condensing system for efficiently working of air conditioned system. Furthermore, high initial cost is also considered as a major deterrent that may hamper the growth of the global automotive fan drives market during the forecast period.
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Leaders in the automotive industry are highly poised towards investing hefty money in research and development in order to develop innovative materials or technologies pertaining to engine cooling systems. For instance, Ford Focus and Nissan Leaf are highly focused towards advanced engine cooling systems.
Automotive Fan Drives Market: Segmentation
By vehicle type, the global automotive fan drives market can be segmented as,
Passenger Car
LCV
HCV
Off-Road Vehicle
Racing Vehicle
Others
By application, the global automotive fan drives market can be segmented as,
Engine Cooling
Air Condition
Infotainment System
Seat Ventilation
Others
By sales channel, the global automotive fan drives market can be segmented as,
OEM
Aftermarket
Automotive Fan Drives Market: Regional Outlook
Asia Pacific is projected to dominate the global automotive fan drives market during the forecast period, owing to the expanding vehicles fleet. Western Europe is anticipated to be the second largest market for automotive fan drives as Germany is a hub for automotive vehicles. India, China and Japan are projected to grow with addressable growth rates in the global automotive fan drives market due to the increasing demand for passenger vehicles and commercial vehicles by the end of 2028. The Middle East and Africa region is anticipated to gain sluggish traction in the global automotive fan drives market, owing to the fact that GCC countries have no manufacturing facilities for automotive vehicles. In the GCC countries, consumers are highly dependent on the import of vehicles. In Latin America, light commercial vehicles (LCV) is embarked on the route analysis exercise in the automotive industry. Therefore, the sales of LCV vehicles in the region is projected to boost the sales of automotive fan drives over the assessment period.
Automotive Fan Drives Market: Market Participants
Examples of some of the market participants operating in the global automotive fan drives market include,
Eaton Corporation
Shenglong Group Co., Ltd.
Mahle Behr India Private Limited
Grayson
Subros Limited
Danfoss
NBE Motors Pvt. Ltd.
Delta Electronics (Americas) Ltd.
NRF
Dreison International, Inc. (Maradyne)
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.
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Sludge Macerators Market to Register Steady Growth During 2018 - 2028
Global Sludge Macerators Market: Introduction
Maceration is a process of breaking down of a bulk material or component to smaller particles which enables a convenient manner in its maneuvering and processing. Often in sewage and effluent pipelines, a periodic accumulation of solid to semi-solid waste results in a chocking or clogging of pipes. This issue has been prevalent in industrial, municipal and domestic pipeline and drainage systems affecting the unit. To address this issue, sludge macerators have been devised A sludge macerator is a device which grinds the existing solid or semi-solid sludge converting into small particles/ units which can flushed out from the pipe medium in a regular manner. Additionally, these sludge macerators enhances the life span of the pumping units as it protects them from the rags, fibers and solid particles. Therefore, the use of sludge macerators is providing multiple advantages and limited drawbacks such as noise created by them during the working hours. Hence, the multiple advantages of sludge macerators over limited drawbacks is anticipated to create good image of the product and is also projected to witness healthy demand for sludge macerators in the future.
Global Sludge Macerators Market: Dynamics
The sludge macerators market is primarily driven by growing urbanization & industrialization across the globe. As sludge macerators helps in the reduction of total down time occurred owing to the accumulation of solid partial in the pumps and pipelines. Hence, market for sludge macerators is anticipated to gain significant demand from growing industrialization across the globe. Moreover, the growing sludge treatment activities for proper disposal of waste sludge after treatment, to nature from many industries is also requires sludge macerators for collection and further treatment of sludge. This in turn is projected to drive the demand for sludge macerators in the future.
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Growing urbanization & industrialization across many developing economies to create significant demand for sludge macerators in the future. As sludge macerators are used for breaking up waste and other solid impurities so that it can be further pumped through small bores to the sewers. Therefore, reduction in down time and operational cost of many processing plants and household units to create healthy demand for sludge macerators in the coming years. Moreover, the increasing use of sludge macerators in the household applications, mainly due to the flexibility provided by the sludge macerators for changing the layout of bathrooms and kitchens to a different room.
Additionally, the sludge macerator are also gaining attention in the households and DIY applications for proper disposal of sanitary waste to sewer. This is mainly attributed to the proper disposal of toilet paper and other such waste created in the daily life activities. Moreover, the underground construction activities such as basements, households and other infrastructures that requires proper disposal waste from lower level to the ground level sewers are also anticipated to created significant demand for the sludge macerators in the projected period of time.
Global Sludge Macerators Market: Segmentation
Global market of sludge macerators can be segmented on the basis of application, end use and region
On the basis of application, the global sludge macerators market can be segmented as:
Residential Use
Commercial Use
Industrial Use
On the basis of end use, the global sludge macerators market can be segmented as:
Wastewater Treatment Plants
Agriculture
Biogas Plants
Medical & Pharmaceutical
Food Processing Industries
Pulp & Paper Industry
Construction & Mining Industry
Chemical Industry
Global Sludge Macerators Market: Regional Outlook
The market for sludge macerators is projected to grow with a significant growth rate over the forecast period. Asia Pacific is expected to show healthy demand for sludge macerators during the projected period of time. This is mainly attributed to the burgeoning urban municipalities as well as industrial facilities. Currently, North America is the most prominent market for sludge macerators and the demand in this region is mainly from the domestic applications. Europe is also anticipate to hold significant share in the global sludge macerators market over the projected period of time.
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Global Sludge Macerators Market: Market Participants
Names of some of the market participants involved in the manufacturing and sales of domestic as well as industrial sludge macerators in the global market are:-
VOGELSANG
PCM Group
NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED
NETZSCH Pumps & Systems
Sharp Pumps Private Limited
Sydex
METEX CORPORATION LIMITED
SFA Group
Uniflo Products Ltd
Haigh Engineering Company Ltd
Pumps UK LTD
The Haigh Engineering Co. Ltd
cJade Pool Technology Co.,Ltd
UP WING HOLDINGS LIMITED
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Automotive Tire Pressure Monitoring System (TPMS) Market Estimated to Expand at a Double-Digit 9.2 % CAGR through 2018 - 2026
Persistence Market Research digs deep into the global TPMS market and fetches key information through structured market research in the report titled “TPMS Market Global Industry Analysis 2013–2017 and Forecast 2018–2026” which studies the market and predicts future demographics and changes. The report reveals that direct TPMS will dominate the market and is estimated to hold more than 95% market value share. It is expected to grow with a CAGR (Value) of 9.3% by the end of the forecast period (2018 – 2026). The present estimated value of the global TPMS market is more than US$ 11,651.2 Mn in 2018 and the market will expand with a CAGR of 9.2% to reach US$ 23,620.5 Mn by the end of 2026.
Global TPMS Market Dynamics
The global TPMS market is estimated to be driven by the increasing production of vehicles across the globe. Healthy growth in the automotive industry will also be a prime factor supplementing market growth. Growing regulations that mandate the installation of TPMS in developed regions, such as North America, Europe and China, will act as a catalyst in the overall growth of the TPMS market. Moreover, increasing adoption of automotive safety systems is the key factor driving the growth of the tire pressure monitoring systems (TPMS) market over the forecast period. Furthermore, increasing demand for direct tire pressure monitoring systems (TPMS) from dedicated automotive OEMs will also give traction to the growth of the TPMS market in the coming decade.
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On the other hand, one of the major challenges faced by TPMS manufacturers is that TPMS sensors help in tracking vehicles, which is also expected to hinder the growth of the TPMS market in near future. Moreover, inaccurate results of indirect TPMS will also act as a restraining factor for the growth of the market. Leading players in the market are observed to use research & development as a major part of their strategy to launch new and innovative products.
Global TPMS Market Forecast
Market insights suggests that the overall width of the global TPMS market will expand during the forecast period. Several positive changes are expected to fuel the growth of the market. The market is relatively small and each portion has a crucial role to play. By type, the direct type segment will play a pivotal role in building market revenue and is expected to occupy a major share of the market. The report hints that the passenger car segment, by vehicle type, will account for a value share of 80.0% in the global TPMS market by 2018. Amongst the major markets, North America will show promising results during the forecast period. The region is estimated to hold 42.2% market value share in 2018 and the market will expand at a CAGR of 8.5% during the stipulated time period. The sales revenue of Europe will reach US$ 8,162.4 Mn by the end of 2026 while growing at a CAGR of 9.6%. The markets globally will remain fertile and vibrant during the forecast period.
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Global TPMS Market: Competitive Landscape
Some of the key market participants reported in this study of the global TPMS market include ZF Friedrichshafen AG, Continental AG, Sensata Technologies, Inc., Denso Corporation, Pacific Industrial Co., Ltd., NXP Semiconductors, WABCO, Huf Hülsbeck & Fürst GmbH & Co. KG, NIRA Dynamics AB, Bendix Commercial Vehicles Systems LLC, Dunlop Tech GmbH, Hamaton Automotive Technology Co., Ltd., Bartec USA LLC and ATEQ.
Product development is expected to remain the major focus area of leading players in the market. Also, manufacturers are focused on long-term partnerships with automotive OEMs to increase their market share.
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Undecylenic Acid Market to Witness an Outstanding Growth by 2018 - 2028
Undecylenic Acid Market: Introduction
Undecylenic acid is an organic compound with the chemical formula C4H20O2. Undecylenic acid is an unsaturated fatty acid that belongs to a group of medicines called antifungals. It is used for the treatment of fungal infections of the skin. Undecylenic acid is also used as a preservative in cosmetics. It is produced through the pyrolysis of ricinoleic acid, which is one of the derivatives of castor oil. The methyl ester of ricinoleic acid is hydrolyzed at about 500 – 600 °C in the presence of steam to yield undecylenic acid. On an industrial scale, the undecylenic acid is converted to 11-aminoundecanoic acid which is then utilized as a raw material for Nylon 11). Further, undecylenic acid is reduced to undecylenic aldehyde, which is largely consumed in the perfume industries. Undecylenic acid is approved by food and Drug Administrations (FDA) for topical administration and is also included in the official inactive ingredient database. Other niche applications of undecylenic acid include its application in research as a linking molecule owing to its bifunctional compound nature. Undecylenic acid, owing to its diverse application, is expected to witness robust growth over the forecast period.
Undecylenic Acid Market: Market Dynamics
Increasing scope of application of undecylenic acid within the pharmaceutical and cosmetics & personal care industries coupled with growing consumer awareness and health consciousness will drive the demand in the undecylenic acid market. Increasing disposable income coupled with increase in the affluent middle class population is also expected to add to the demand in the undecylenic acid market. Further, approval of undecylenic acid for medical applications by FDA is likely to favor the growth of the undecylenic acid market in near future.
However, the undecylenic acid market is expected to be affected by growing availability and increasing utilization of alternatives for anti-fungal applications. Some of the alternatives of undecylenic acid include unsaturated fatty acid, monocarboxylic acid or derivatives, aliphatic acyclic compounds, hydrocarbon derivatives and organo-oxygen compounds, among others. The global undecylenic market is characterized by the strong trend of investments in R&D for the development of new products and to ensure cost competitiveness.
Growing demand for perfume across the globe is set to propel the growth of the undecylenic acid market. Undecylenic acid and its derivatives are used as odor modifiers in floral banquets and perfume ingredients. Moreover, the Nylon-11 market is expected to witness moderate growth over forest period, which in turn, is expected to augment the demand for undecylenic market over the forecast period.
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Undecylenic Acid Market: Segmentation
On the basis of application, the global undecylenic acid market can be categorized as:
Antifungal Agent
Cosmetic Biocide
Fragrance Ingredient
Surfactant
Preservative
On the basis of product type, the global undecylenic acid market can be categorized as:
Natural
Synthetic
On the basis of form, the global undecylenic acid market can be categorized as:
Liquid
Spray
Solution
Cream
Powder
Others (Ointment, Tincture, etc.)
Undecylenic Acid Market: Regional Outlook
The global cryolite market, by region, is segmented into North America, Latin America, Eastern Europe, Western Europe, South East Asia & Pacific (SEAPAC), China, Japan and MEA. Asia pacific is expected to be the dominant region in the undecylenic acid market and will be by North America and Europe. India, China Japan and ASEAN countries to offer significant growth opportunities in the undecylenic acid market in near future. India is expected to dominate the market in terms of production and will be followed by China. North America and Europe undecylenic acid markets are expected to witness moderate growth in near future. Developing markets, such as Latin America and Middle East and Africa, are expected to witness considerable opportunities for the growth of the market.
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Undecylenic Acid Market: Key Participants
Examples of some of the market participants operating in the global undecylenic acid market are:
Arkema Group
TCI Chemicals
electronic Medicines Compendium (eMC)
Hokoku Corporation
JAYANT AGRO-ORGANICS LIMITED
ITOH Oil Chemicals Co. Ltd.
Nikunj Chemical Limited
acme synthetic chemicals
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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Food Grade Phosphoric Acid Market to Expand with Significant CAGR During 2018 - 2028
Food grade phosphoric acid is commonly termed as orthophosphoric acid and is a odourless, colorless, transparent and tastes sour, primarily utilized to acidify foods and beverages such as jams, and colas. Moreover, food grade phosphoric acid is used an acidity regulator and nutrition agent for yeast. It can be applied to canned food, light drinks, flavors as well as in wine brewery as a source of nutrient for yeast to prevent the reproduction of useless bacteria.
Phosphoric acid can be generally manufactured by 3 processes which include thermal process, wet process and dry kiln process. Most of the manufacturers use thermal process for producing phosphoric acid as compared to that of wet process. Food grade phosphoric acid is generally packed in IBC, HDPE drums and bulk and then supplied. Further, manufacturers of food grade phosphoric acid are focusing on introducing their product which include properties such as high purity, packing on demand and tailor made product.
Global Food Grade Phosphoric Acid Market: Segmentation
Globally, the Food Grade Phosphoric Acid market can be segmented on the basis of product type, application and end-use industry
Based on the product type, the global food grade phosphoric acid market can be segmented into
Phosphoric Acid food grade 75%
Phosphoric Acid food grade 80%
Phosphoric Acid food grade 85%
Based on the application, the global food grade phosphoric acid market can be segmented into
Food Preservation
Beverages Production
Metal Treatment
Sugar Refining
Others
Based on the end-use industry, the global food grade phosphoric acid market can be segmented into
Food & Beverages
Metallurgy
Others
Global Food Grade Phosphoric Acid Market: Dynamics
Growing demand for frozen and packaged food products is anticipated to boost the demand for food grade phosphoric acid in the near future. Rapid urbanization has been seen in various countries across the globe, and these expansion has resulted in preferences and new habits for food. Urbanized population is inclining towards packaged foods which in turn forcing various hypermarkets and supermarkets supply packaged food items and which in turn will escalate the demand for food preservatives. With the increasing demand for preserved foods, consumption of food grade phosphoric acid is expected to rise significantly over the near future.
Key challenges identified in the global food grade phosphoric acid market include their storage conditions, incompatible materials, prohibitions on mixed storage, etc.
Prominent manufacturers of food grade phosphoric acid are found to be involved in the supply agreement of purified phosphoric acid with the end-users that enables them to serve their customers with best-in class products.
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Global Food Grade Phosphoric Acid Market: Regional Outlook
Considering regions, the global food grade phosphoric acid is anticipated to be dominated by Asia-Pacific region, owing to the surging demand for preserved food products in the developing countries such as China and India. Growing population, rising middle class income are the major reasons pushing the demand for packaged foods in these countries. North America in the market is anticipated to account for small share in the market, however it is expected to grow at above moderate rate over the forecast period. Europe in the global food grade phosphoric acid market is anticipated to grow at below average growth rate in the near future. Middle East & Africa and Latin America region in the market are anticipated to grow at very slow rate over the next decade, owing to the slow growth in the population and other sectors.
Global Food Grade Phosphoric Acid Market: Market Participants
Examples of some of the market participants involved in the global Food Grade Phosphoric Acid market include Febex SA (Arkema), GUANGXI QINZHOU CAPITAL SUCCESS PHOS-CHEMICAL CO., LTD., Innophos, Inc., Aditya Birla Chemicals, OCP Group, Nutrien Ltd., WengFu Group, Devdhar Chemicals Private Limited, Solaris Chemtech, and others.
The global food grade phosphoric acid market is expected to be one of the most fragmented market as there are large number of manufacturers involved in the production of the product.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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The report covers exhaust analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
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Global Keyless Entry System Market Expected to Witness a 10.2 % CAGR Through 2018 - 2026
Advances in home automation have revolutionized the overall approach towards physical security. Electronic keyless entry systems such as remote control locks, electric door strikes, and keyless locks enable users to lock and unlock their homes remotely, thereby providing enhanced flexibility and convenience. Technological advancements have broadened the horizon for product development, leading to the introduction of IoT integrated devices such as keyless entry systems. In a new study by Persistence Market Research, the global keyless entry system market is projected to witness a growth rate of 10.2% during the eight year period 2018 to 2026.
Leading tech giants are working on automating home entry systems through the incorporation of cloud systems and Artificial Intelligence. For instance, Amazon launched Amazon Key in the U.S., which is still in the testing phase. It relies on the Cloud Cam (also a product of Amazon) along with a compatible smart lock. The camera is the center of this entire process and is connected to the Internet through the Wi-Fi of the concerned home. The camera is empowered to communicate with the lock via Zigbee, which facilitates keyless entry for Amazon delivery executives to deliver shipments. Some of the other companies working on innovative home automation systems include ASSA ABLOY AB, Safran Group, Gemalto NV, NEC Corporation, Suprema, Inc., and Aware, Inc. Structured research and development along with product differentiation continues to drive the growth strategies of these companies, given the fact that the scope for innovation in home automation is peaking with every passing day.
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Burgeoning Demand from Education and Healthcare Industries to Boost Growth in Revenue
Owing to the enhanced features associated with keyless entry systems, an increasing demand is being witnessed from various industries, especially from the education and healthcare sector. Biometric entry systems enable educational institutions to monitor student entry and manage daily attendance. Keyless entry systems are widely used in hospitals to keep a close tab on the entry of individuals in restricted areas. As the security aspect continues to gain more relevance across diverse industry sectors, the adoption of keyless entry systems is expected to surge in the coming years.
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High CAPEX May Inhibit Adoption Rate
One of the chief dynamics that may adversely impact the early adoption of keyless entry systems is the high initial investment required in installing remote accessible entry access systems, NFC/proximity card-enabled access systems, smart card-enabled access systems, and biometric devices. This cost complexity is tipping the scales in favor of traditional door entry systems, thereby hindering the global sales of keyless entry systems.
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A Staggering CAGR 11.8 % Projected Robotic Surgery Systems Market through 2018 - 2026
There has been a significant expansion in the application of robotics in the global healthcare sector. New-age healthcare services need to be highly efficient and provide services with absolute accuracy. In this scenario, hospitals and surgeons are more inclined towards the use of robotic surgery systems. Currently, robotic surgery systems are most commonly used for applications such as general surgery, urology, cardiac surgery, thoracic surgery and neurosurgery. With technological advancements being inevitable in the near future, the robotic surgery system market will witness new applications by integrating advanced technologies, pushing global market revenue. Insights on this market are presented in a new research report by Persistence Market Research, which forecasts the robotic surgery system market to reach a valuation of US$ 6,400 Mn by the end of 2026. The market is anticipated to grow at a robust CAGR of 11.8% during the forecast period.
Conventional Laproscopic Surgery Market to Witness a Downfall with the Boom in Adoption of Robotic Surgery Systems
New and advanced robotic surgery systems have improved clinical outcomes in a lot of ways. Robotic surgery is better than laproscopic surgery in a lot of ways, as laproscopic surgeries have a limited degree of flexibility, counterintuitive movements, low dexterity and chances of physical tremors. These issues have been addressed by robotic surgery systems quite well, and also include much better features with the integration of improved technology. Surgeons are now provided with improved vision and precision. Further, patients experience shorter length of hospital stay and fewer pre-operative complications. Robotic surgery systems also ensure less human errors. These advantages are expected to further enhance the use of robotic surgery systems over conventional laproscopic surgery in the global market and provide more incremental opportunities for manufacturers of robotic surgery systems.
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In many other ways, robotic surgery systems have been observed to be a more convenient option, which has proved to be efficient for patient health management. The procedure reduces chances of human errors, which is a significant factor that shapes the perception of patients regarding a particular treatment method. In retrospect, with the increasing healthcare expenditure across the globe, technological advancements and the growing procedural volumes of robotic surgeries, it is necessary for patients as well as doctors to reduce the cases of human errors.
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Robotic Surgery Systems to Dominate the Gynecology Application in Due Course
Among the two components involved in the scope of this study, robotic surgery systems is estimated to stay ahead of maintenance services in terms of revenue. The market is projected to reach a value of over US$ 4,400 Mn by the end of 2026. The application trends of robotic surgery systems is also being observed, and the results depict gynecology to emerge as the key application area. The use of robotic surgery systems in the gynecology domain is expected to gain maximum traction in the coming years, and gynecology as an application area is forecasted to project growth at an astounding CAGR of 14% during the forecast period.
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Bore Gauges Market to Significant Growth Foreseen by 2018 - 2028
Bore Gauges Market: Introduction
Bore gauge is a common term coined for tools that uniquely process the accurate diametric measurement of holes, cylinders or pipes. Ideally, a bore gauge comprises a measuring sled as the base and a shaft accommodating the dial indicator on top. There are different bore gauges for different types of holes, though they function on the basis of similar measurement processes, if not identical. The type also varies with the diameter of the bore that is to be measured.
Bore workers may not have access to a proper power line for their electronic bore gauges every time. Hence, currently, the trend of compact wireless electronic bore gauges that eliminate the requirement for power lines and long cable connectors is being witnessed in the Bore Gauges Market. The technicians can directly follow the process of measurement and get the reading on the bore gauge display.
Global Bore Gauges: Market Segmentation
On the basis of type, the global Bore Gauges market has been segmented as:
Transfer gauges
Dial bore gauges
Electronic gauges
Wireless electronic gauges
Beam gauges for larger diameter
Small-hole gauges
Telescopic gauges
On the basis of compatibility, the global Bore Gauges market is segmented as:
Adjustable capacity bore gauges with inter-changeable extensions
Fixed size bore gauges with plug type bodies
On the basis of special applications, the global Bore Gauges market can be segmented as:
Thread measurement
Spline measurement
Deep bore measurement
Bore Gauges Market: Drivers and Challenges
Primarily, manufacturing and construction industries are driving the global Bore Gauges market. Also, accuracy and simplicity provided by Bore Gauges in terms of the measurement of bore diameter will also drive the global Bore Gauges market in near future. The innovation of wireless electronic Bore Gauges is expected to propel the global Bore Gauges market to greater heights as it will eliminate the need for power outlets. Also, wireless electronic bore gauges can be easily used in spots that are tough to access. Adjustable capacity bore gauges have inter-changeable contacts that heighten their usage practicality in case of broader tolerances. Plug type bore gauges offer better discrimination and repeatability. Plug type bore gauges contain a larger bearing surface that minimizes the general wear and tear. Such beneficial aspects of different bore gauges are driving the global Bore Gauges market.
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However, a large part of the measurement process relies on the bore gauges operator. It is very difficult to hold a bore gauge steadily over the true diameter of the hole and, simultaneously, record the reading by pushing the button. The technician handling the bore gauge influences the reading on the bore gauge display. A slight twitch on the technician’s part could result in an incorrect reading. Such challenges will restrict the growth of the global Bore Gauges market.
Bore Gauges Market: Regional Overview
Geographically, the Bore Gauges market is segmented into North America, Latin America, Western Europe, Eastern Europe, China, Japan, Middle East and Africa and SEA and Other APAC. The global Bore Gauges market is expected to grow with healthy annual growth rate during the forecast period. Among all the regions, SEA and Other APAC region is expected to dominate the Bore Gauges market owing the increasing demand for bore measurement equipment in construction, manufacturing and industrial sectors. North America accounts for a significant market share owing to increasing industrialization and commercialization in the region. Also, increasing demand for intelligent tools will drive the Bore Gauges market in the region. Middle East Africa and Latin America are expected to witness average growth in the Bore Gauge Market owing to enhancing economic conditions. Overall, the Bore Gauges market is anticipated to witness a profitable future.
Global Bore Gauges Market: Key Players
Examples of some of the key players operating in the global Bore Gauges market are:
TESA Technology
Bowers Group
Marposs S.p.A.
Mitutoyo Corporation
Starrett
Mahr GmbH
Diatest
Alpa
Sunnen Products Company
Brief Approach to Research
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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Automotive Telematics Market to expand at a 8.4 % CAGR through 2018 - 2026
Automotive telematics combines telecommunication and informatics to provide various services, such as navigation, safety and security, to vehicles. The main function of telematics is vehicle tracking, trailer tracking, container tracking, car sharing, emergency warning systems for vehicles and others. In this report on automotive telematics, we have categorized the market into five different segments on the basis of vehicle type, technology type, sales channel, end use and region/country.
Factors Influencing the Global and APAC Automotive Telematics Market Growth
Governments in advanced and emerging economies, such as the U.S., U.K., Brazil, Singapore and India, have introduced regulations, policies and initiatives to increase the use of telematics in the automotive industry with a view to improve road safety. These government initiatives are projected to hike the sales of automotive telematics during the forecast period. Furthermore, increased acceptance of advanced technologies and gadgets, such as mobile phones, laptops, smart phones, tablets, telecommunications and various other technological goods in advanced and emerging regions, has been witnessed in the last few years, particularly in the Asian region, which is also projected to ramp up the automotive telematics market by the end of 2026.
Global regulatory mandates (eCall in EU, GLONASS in Russia, SVT in Brazil) require the use of telematics for safety purposes and the installation of basic Telematics Control Units (TCU) in all new cars and commercial vehicles in Europe since 2015 and in other countries since 2016. This is also projected to add to the sales of automotive telematics between 2018 and 2028. The global automotive diagnostics market is expected to grow at a significant rate, supported by the Euro 5/6 (Europe) and environmental protection agency (USA) regulations.
Global and APAC Automotive Telematics Market Segmentation and Forecast
The Global and APAC Automotive Telematics Market is segmented on the basis of vehicle type, by technology type, by sales channels, by end use and region/country. On the basis of vehicle type, the Global and APAC Automotive Telematics Market can be segmented into passenger and commercial. On the basis of technology type, the Global and APAC Automotive Telematics Market can be segmented into embedded, tethered and smart phone. On the basis of sales channels, the global and APAC automotive telematics market can be segmented into OEM and aftermarket. On the basis of end use, Global and APAC automotive telematics market can be segment into infotainment, diagnosis, navigation, safety & security and others. On the basis of country, the APAC Automotive Telematics Market can be segmented into China, Japan, South Korea, India, ASEAN and Oceania. Moreover, on the basis of country, the ASEAN automotive telematics market can be segment into, Indonesia, Malaysia, Thailand and rest of ASEAN.
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APAC Automotive Telematics Market Analysis, by Vehicle Type
Passenger segment is expected to be valued at US$ 10,608 Mn and is expected to account for 87.0% value share in the automotive telematics in 2018. By 2026, the passenger segment is anticipated to reach up to US$ 22,118 Mn and account to hold for 85.3% value share.
APAC Automotive Telematics Market Analysis, by Technology Type
By technology type, embedded segment is projected to dominate in the APAC automotive telematics market. The embedded segment is projected to be valued at US$ 9,392 Mn and account for 77.0% value share in 2018. By 2026, this value is estimated to reach US$ 20,800 Mn and account for 80.2% value share.
APAC Automotive Telematics Market Analysis, by Sales Channel
By sales channel, the OEM segment is projected to dominate the APAC automotive telematics market. The OEM segment is projected to be valued at US$ 9,309 Mn and account for 76.3% value share in 2018. By 2026, the OEM segment is projected to be valued at US$ 20,573 Mn and hold 79.4% value share.
APAC Automotive Telematics Market Analysis, by End Use
Safety & security segment is projected to dominate the APAC automotive telematics market throughout the forecast period. This segment is projected to be valued at US$ 3,511 Mn and account for 28.8% value share in 2018. By 2026, the segment is projected to be valued at US$ 7,569 Mn and account for 29.2% value share.
APAC Automotive Telematics Market Analysis, by Country
China is projected to dominate the APAC automotive telematics market owing to increasing government regulations pertaining to safety and security. China is projected to be valued at US$ 5,531 Mn and accounted for 45.3% value share in 2018. By 2020, this value is projected to reach 11,457 Mn while expanding at a CAGR of 9.5%.
Key Players Dominating the Global and APAC Automotive Telematics Market
Some of the market participants identified in the global and APAC automotive telematics market include Trimble Inc., Visteon Corporation, Airbiquity Inc., Aplicom Oy, Scorpion Automotive Ltd, iTriangle Infotech Pvt Ltd., Shenzhen Concox Information & Technology Co., Ltd., Minda Corporation Limited, idem telematics GmbH, Road Track, ACTIA Group, Lavinta Buana Sakti, Microlise Limited, BOX Telematics and Redtail Telematics Corporation.
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Process Controllers Market to Incur Rapid Extension During 2018 - 2028
Process Controllers Market: Introduction
Process controllers maintain output or input of a system by controlling variables, such as pressure, temperature and level or flow within the benchmarked range. Accurate control of these process variables is very critical in industrial processes as they enhance product quality while enabling automation and allowing smaller workforce requirements. Also, process controllers enable monitoring from a central location, thereby reducing complexity and eliminating faults.
Process controllers are installed for control applications in almost all industries and they can be customized as well as upgraded easily & quickly by changing their input and output module. Based on installation, process controllers are of three types: wall mounted, floor mounted and panel mounted. Further, based on their process type, they can could be further segmented into continuous type process controllers and step type process controllers.
Process Controllers Market: Drivers and Challenges
All production or manufacturing activities involve gases, fluids, chemicals and other similar compounds which require monitoring and controlling according to their respective industry and regulatory standards, which in turn, will fuel the market of process controllers in the coming years.
Process controllers are extensively used in the oil & gas industry for various processes, such as flaring and controlling machine processes in offshore and natural gas production activities. Food and beverage industries are expected to witness notable growth in the adoption of process controllers in related companies and growing concern regarding food safety, productivity and process automation & optimization in developing counties, such as Brazil, India and China, is anticipated to contribute significantly to the market growth of process controllers over the projected period. Increasing demand for electricity and growing environmental degradation caused by excessive use of coal for electricity production are leading to a transition in electricity production processes. Unlike coal-produced electricity, the adoption of solar- and wind-produced electricity is rising, which will in turn, will increase the demand for process controllers in certain regions, such as Europe and Asia Pacific.
Cumulatively, all the above factors, including increasing interest in miniaturization and improved efficiency and productivity, are expected to drive the demand for process controllers over the forecast period. However, on the other side high initial installation cost could hinder the growth of the market and availability of gray market could restrain the market growth of the prominent players over the forecast.
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Global Process Controllers: Market Segmentation
On the basis of product type, the global Process Controllers market has been segmented as:
Temperature Controllers
Pressure Controllers
Others (flow or level controllers)
On the basis of process type, the global Process Controllers market has been segmented as:
Continuous type process controllers
Step or Batch type process controllers
On the basis of End Use, the global Process Controllers market has been segmented as:
Oil & Gas
Power
Chemical
Food & Beverage
Others
Process Controllers Market: Regional Overview
Geographically, the process controllers market is segmented into North America, Latin America, Europe, China, Japan, Middle East and Africa and South East Asia.
North America is likely to hold a significant share in the process controller market owing to technological advancements and stringent regulations covering control of gases, fluids, chemicals etc. Developing regions in Asia Pacific are expected to be second in the run due to growing industrialization and bettering economy conditions, especially in China and India. Exploration of oil & gas fields in Middle East & Africa countries, such as Nigeria, will increase the employment of control systems in production/manufacturing machines, thereby augmenting the expansion of process controllers market during the forecast period.
Global Process Controllers Market: Key Players
Examples of some of the key players operating in the global Process Controllers market:
Siemens AG
ABB
Bürkert Fluid Control Systems
OMEGA Engineering
Dwyer Instruments Inc.
Schneider Electric
Fuji Electric Co., Ltd.
PMV Positioners
Ettora Cella Spa
Xylem
Watlow
JUMO Process Control, Inc.
Shinko Technos Co., Ltd.
Brief Approach to Research
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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Facial Aesthetics Market to Rear Excessive Growth During 2018 - 2026
Facial aesthetics are non-surgical treatments which revitalize the skin. Facial aesthetics are brisk and simple and far less expensive. It’s a decent initial step for women to adopt wider range of medical aesthetic services. It has additionally pulled in an enormous following from patients who might never have thought about restorative surgery yet are very satisfied with a snappy and short term care. Dermal fillers can be used to restore the skin’s naturally youthful appearance. Overall, the demand is high in the end user segment coupled with wider range of facial aesthetic products to treat more and more parts and the average spend per patient in dermatology and beauty clinics is mounting at a healthier pace, especially in developed nations. Recurring net income from facial aesthetics empowers magnificence beauty and skin care clinics or dermatology clinics and restorative professionals to keep on recommending facial injectable, for example, Botox and dermal fillers to their patients.
As patients progressively lean toward non-invasive procedures, topical neurotoxins will supplant injectable products (Botox injectable) for e.g., Dysport and Botox Cosmetic products. The treatment or therapies utilized incorporate infusions of Botox and dermal facial fillers, laser therapy, body contouring, dental and breast implantation, and microdermabrasions. The worldwide facial aesthetics market is exceedingly prone to monetary instability as stylish techniques are elective and simply restorative. These methodologies need repayment which is another real disadvantage as any monetary vulnerability or insecurity at work may bring about individuals abstaining from deciding on facial aesthetic strategies. Gaining traction of minimally invasive and non-invasive procedures worldwide, the global facial aesthetic market is anticipated to have an optimistic outlook during the forecast period.
Facial aesthetics is generally a combination of facial treatments that help in reducing wrinkles and glabella lines along with rejuvenating the facial skin. In facial aesthetics, dermal fillers and Botulinum toxin (Botox) are two major kind of facial aesthetics that are widely used by customers. Facial aesthetics is expanding at a robust pace in established countries, mainly, U.S. Facial aesthetics has turned into a major health management among end customers who desire for a healthy and vibrant appearance.
Rising shift of customers towards minimally invasive and non-invasive procedures is anticipated to be the primary factor driving facial aesthetics market. Increasing population aged 60 or above, coupled with these facial aesthetic procedures comprising smaller incisions, low pain, and lower incidences of post-surgical complications leading to speedy patient recovery are some other factors fueling the growth of facial aesthetics market across the world. As per the latest industry trend, Botox and dermal fillers are two major non-invasive procedures that register highest demand from end customers. Thus, growing demand for use of minimally invasive techniques is further anticipated to fuel the growth of facial aesthetics market during the forecast period. However, high costs associated with facial Botox procedures and certain degree of risks associated with these medical procedures is restraining the growth of facial aesthetics market.
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The global facial aesthetics market is segmented on basis of product type, end user and geographic region:
Segmentation by Product Type
Segmentation by End User
Segmentation by Geography
Botulinum Toxin
Dermal Fillers
Aesthetic Clinics
Hospitals
Beauty Salon
North America
Latin America
Europe
Asia-Pacific Excluding China
China
Middle East & Africa
On the basis of type of product, Botulinum Toxin (Botox) is extensively used over dermal fillers product as Botox has advantages over dermal fillers and offers effective results. Also, rising interest in facial aesthetic treatments is anticipated to propel the facial aesthetics market during the forecast period. Also, aesthetic clinical management is now-a-days gaining popularity, owing to their quick results in a short time period.
Based on end user, facial aesthetic procedures are performed majorly in aesthetic clinics, hospitals and beauty salons on the account of rising demand for facial aesthetics from end customers.
However, on the basis of geography, global facial aesthetics market is segmented into six key regions viz. North America, Latin America, Europe, Asia Pacific excluding China, China and Middle East & Africa. North America captured the largest shares in global facial aesthetics market and is projected to continue same trend over the forecast period due to the growing population of individuals with age 60 and above coupled with high susceptible of people in this age group to age-related issues such as acne wrinkles, and scars. The demand for facial aesthetics in North America registers a steady increase owing to the presence of large patient pool using Botox, facial dermal fillers. North America is followed by Europe which captures the second largest revenue shares in global facial aesthetics market. However, Asia Pacific is expected to register a fast growth during the forecast period and is anticipated to be a profitable market for new market players in global facial aesthetics market. Countries in Asia Pacific such as Singapore, Australia, Japan, South Korea, India, and China are expected to be the fastest growing regions owing to the growing demand for facial aesthetics.
Some of the key players present in global facial aesthetics Market are ALLERGAN, Merz Pharma, Nestlé Skin Health, Valeant Pharmaceuticals International, Inc., Mentor Worldwide LLC, Anika Therapeutics, Novartis AG, and others.
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