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industrynewsupdates · 2 months ago

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Unveiling the Cost Structure of Injection Molding Services Procurement Intelligence

The injection molding services category is anticipated to grow at a CAGR of 4.8% from 2023 to 2030. The trends such as on-demand injection molding, adoption of automation, and focus on sustainability are driving the demand for the category. Rising awareness about pollution created by waste has increased the focus on sustainability within the industry. According to the Journal of Clean Production 2023 report, the category accounts for 90% of the Global Warming Potential (GWP) created by the complete molding lifecycle, majorly because of energy consumption. As a result, companies are focusing on incorporating plastics such as PLA, or bio-PET materials that are biodegradable or can be recycled. Additionally, to provide energy savings, there is an increase in the adoption of all-electric injection molding machines over the traditional hydraulic-based machines.

The industry has been already automated. However, injection molding facilities can still adopt some new technologies such as robots, and artificial intelligence (AI). Collaborative robots, or cobots are increasingly used in processes along with human operators to improve productivity. AI-driven productivity is impacting across industries by collecting real-time production data to enhance production and reduce costs within injection molders. AI systems can indicate pain points and opportunities to enhance efficiencies. For instance, adoption of in-mold sensors can improve injection molding performance and gage the cavity pressure. The usage of multi-material molding machines is also rising as they can create complex components in one shot by injecting various materials into the mold during a single cycle.

China is a major player in the injection molding machines industry. China exported machines worth USD 4.8 billion in 2022. The rising need for machinery in industries such as packaging, automotive, electronics, and healthcare are expected to drive the demand for machines in these industries. On the other hand, injection molding majorly finds its application in the packaging industry and the U.S. being the top country in the packaging industry is expected to drive the demand for the category.

Order your copy of the Injection Molding Services Procurement Intelligence Report, 2023 – 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

The category is fragmented with the presence of numerous players seeking low-cost production. Molders involved in electronics, consumer products, automotive, and medical applications are continuously looking for low labor costs abroad. Competition from emerging regions such as Asia-Pacific and Latin America has been so profound that molders are developing new strategies to meet current and possible challenges.

Suppliers in the category provide raw materials such as plastic materials, molds, and machinery. The bargaining power of suppliers can be moderate to high, depending on the availability of alternative suppliers and the uniqueness of their products. However, injection molding companies can often negotiate contracts based on bulk purchases, which may reduce the suppliers' power.

Raw materials (plastic materials, molds), labor, rent and utilities, mold (tooling) costs, machinery & equipment, and others are some of the cost components of the category. Other costs include packing, and transportation costs. The cost of injection molding depends on the size, design, and volume of parts. The more the volume of production, the less the cost of production per part. Raw materials, rent and utilities, and machinery & equipment form a major part of the cost component. As the molding process is automated, for example, 3D printers and CNC machines are Computer Numerical Controlled Software run on their own. As a result, labor costs cannot be a crucial part of the cost structure. However, some steps such as setting up machinery, operating, and repairing machinery can require labor costs. Professional industrial injection molding equipment costs can range from USD 50,000 to USD 200,000.

In terms of sourcing injection molding services, companies usually adopt a complete outsourcing model. Companies outsource the services as it gives advantages such as industry expertise, quality assurance, cost-benefit, and economies of scale. Producing plastic products needs equipment and employees which can require heavy investment. The cost of production by outsourcing can be considerably lower. On the other hand, due to the sudden surge in on-demand injection molding can hit production limits. A trusted service provider can meet the production demand along with adding additional value to manufacturing and product needs.

Browse through Grand View Research’s collection of procurement intelligence studies:

• Flooring Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

• Home Healthcare Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

Injection Molding Services Procurement Intelligence Report Scope

• Injection Molding Services Category Growth Rate: CAGR of 4.8% from 2023 to 2030

• Pricing growth Outlook: 6% - 7% (annual)

• Pricing Models: Product type pricing, Volume based Pricing; Competition based pricing

• Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence

• Supplier selection criteria: Quality of the product, type of material used, end-use, post-casting services, contract terms, delivery option, technology used, safety and environmental compliance, location and presence of supplier, and others

• Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

Key companies profiled

• Protolabs, C&J Industries

• HTI Plastics

• The Rodon Group

• EVCO Plastics

• Tessy Plastics

• Currier Plastics

• Formplast

• Major Plastics

• D&M Plastics

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

Our services include (not limited to):

• Market Intelligence involving – market size and forecast, growth factors, and driving trends

• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships

• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

#Injection Molding Services Procurement #Procurement Intelligence #Injection Molding Services Market #Injection Molding Services Industry

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mrudula01 · 2 years ago

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Intelligent Roadways TMS Market: Application Updates 2030

Automotive

12, January 2023

Intelligent roadways transportation management systems refer to an advanced technology that offers innovative solutions pertaining to transport management and enables end-users to make better, safer, and ‘smarter’ use of road transport networks. According to Triton Market Research, the Global Intelligent Roadways Transportation Management Systems Market is likely to develop with a CAGR of 10.32% over the forecast years from 2023-2030. IRTM systems are incorporated with sensors, navigation systems, vehicle probes, video surveillance devices, etc., that offer real-time data for analysis, which is then communicated to users.

Statistics from the OECD suggest that, by 2050, global passenger transport and freight transport will increase by 2.3 fold and 2.6 fold, respectively, compared to their values in 2015. Also, roads are among the most preferred transport modes, accounting for most motorized passenger travel and domestic freight transit. IRTMS help enhance the operational efficiency of public transit systems and also boost overall passenger safety. Moreover, they optimize the logistics capabilities and help manage numerous business needs of e-commerce service providers. These factors have contributed to the increased demand for intelligent roadways TMS.

Transportation Management Systems – A Quick Run-down on the Parent Market

Transportation management systems streamline the process of shipping. This makes managing and optimizing operations easier for businesses, whether the transit mode they use is sea, land, or air. TMS play a key role in supply chain management, impacting every part of the process—from planning & procurement to logistics & lifecycle management. Rapid industrialization and manufacturing growth are key factors that have increased their adoption worldwide.

The burgeoning e-commerce sector, due to the growing trend of online shopping, is further contributing to the escalating demand for these systems to facilitate shipping operations. In today’s world, where countries compete on a global level, it is crucial for them to have developed transport, logistics, and trade-related infrastructures. A TMS provides visibility into everyday operations, trade compliance data & requirements, and ensures the timely delivery of goods. The improving bilateral economic relations between several countries worldwide are creating growth opportunities for operating players to expand their consumer base.

IRTMS Market | Expanding Applications

Fleet management solutions leverage telematics and IoT technologies using navigational positioning. Smart technologies can reduce the operational costs of managing fleet, increase routing efficiency, and also enhance driver security. MercuryFleet by MercuryGate International Inc facilitates instant communication with drivers, and also helps track equipment in real time via control tower visibility. The fleet management market is driven by the growing demand for logistics and freight transportation. Fleet management accounted for a revenue share of $9819.39 million in the application segment in 2022.

Whereas, automated ticketing is expected to grow at a CAGR of 11.39% in the application segment over the forecasted period. Automated ticketing systems for public transport, such as buses, metros, and trains, rely on the use of smart cards and IoT technology. These systems enable hassle-free payments, save time, and eliminate other barriers associated with traditional ticketing systems. Also, recent projects in India and China for the development of IRTMS-based unified automated ticketing systems have enhanced the scope of this application. Such developments have also bolstered the Asia-Pacific intelligent roadways transportation management systems market, which is expected to grow at an 11.02% CAGR during the forecast period.

Smart Cities: Market’s Future Agenda

According to the World Bank, nearly 4.4 billion people worldwide live in cities. And by 2050, the global urban population is expected to reach more than double its current size. The concept of smart cities is gaining impetus, which will bring together technology and infrastructure. It will transform cities through infrastructure development and improve people’s quality of life by efficient public service delivery. Smart transport systems and smart city traffic management are revolutionizing the approach towards mobility and emergency response, while reducing congestion issues.

Global hubs like New York City have embraced this development. The implementation of autonomous goods transportation systems across the country has drastically improved supply chain efficiency and also reduced the need for long-haul drivers to balance tight timelines. Also, smart infrastructure development for transportation management represents growth opportunities for IRTMS providers, as various transportation agencies and car rental companies in smart cities will use these solutions to reduce traffic congestion and save time. Thus, the rising concept of smart cities is anticipated to foster the growth of the intelligent roadways transportation management systems market.

FAQs:

Q 1) What are the revenue estimates for the IRTMS market?

The IRTMS market was valued at $34875.99 million in 2022, and is anticipated to reach $74615.39 million by 2030.

Q 2) Which are the different applications covered in the market report?

Passenger Information Management, Automated Ticketing, Automated Traffic Control, Fleet Management, Automated Parking Assistance, and Other Applications

#Intelligent Roadways Transport Management #Intelligent Roadways Transport #automotive industry #triton market research #market research reports

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esglatestmarketnews · 3 years ago

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Automotive Sensors Industry Procurement Intelligence, Future Trends With Research Till 2027

An automotive sensor is a device that monitors the condition and keeps track of almost everything happening in and outside a vehicle, allowing the onboard computers to make decisions. These decisions help to improve engine performance, reduce emissions, improve safety, etc. Following are the most commonly used sensors across different vehicles:

Mass airflow sensor

Engine speed sensor

Oxygen sensor

Spark knock sensor

Coolant sensor

Manifold absolute pressure (MAF) sensor

Fuel temperature sensor

Voltage sensor

Camshaft position sensor

Throttle position sensor

Vehicle speed sensor

Read report summary or request a free sample copy of the report “Automotive Sensors Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2027”

Demand Outlook

The global automotive sensor market was valued at ~USD 25-30 billion in 2020 and it is expected to grow at a CAGR of 7-10% from 2020 to 2027. The increasing adoption of hybrid electric vehicles has increased the demand for various automotive sensors such as current sensors, temperature sensors, cell voltage sensors, and other components for battery management systems. APAC is the largest geographic segment in the global automotive sensor market with more than 50% revenue share in 2020. The growth in APAC is driven by the growing adoption of electric vehicles in China, South Korea, and Japan. Favorable government policies regarding the use of electric vehicles have propelled market potential for automotive sensor makers in the region. For instance, in January 2021, South Korea approved an electric vehicle subsidy budget of USD891.7 million for 2021. EV cars with a price range of less than USD53,000 will be fully subsidized.

Cost Drivers

Raw material cost is the major cost driver of automotive sensor manufacturing. It accounted for more than one-third of the overall cost of production. Thermoplastics like PET (Polyethylene terephthalate), PBT (Polybutylene terephthalate), ceramics are widely used raw materials for automotive sensors. Other major costs include facility costs, machinery costs, labor costs, etc.

Find more research reports by Grand View Research:

Translation Services Industry Procurement Intelligence : The global translation services market was estimated at ~USD 50 billion in 2020 and it is expected to grow at a CAGR of 4% from 2020 to 2027 due to growing engagements of local markets into businesses.

Turbine Repair and Maintenance Industry Procurement Intelligence : The global turbine repair and maintenance market was estimated at USD 81.8 billion in 2020 and the market is projected to grow at a CAGR of 15.9%. While most of the markets suffered impacts (positive or negative) due to the outbreak of the COVID pandemic.

Vaccine Industry Procurement Intelligence : The global vaccine market was valued at USD 42 billion in 2020 and it is expected to grow at a CAGR of 7-8% from 2020 to 2027.

Leading suppliers of automotive sensors are:

Analog Devices, Inc.

Denso Corporation

Robert Bosch

Sensata Technologies, Inc.

Asahi Kasei Corporation

Freescale Semiconducto

Maxim Integrated

Infineon Technologies AG

Measurement Specialties

Tekscan, Inc.

Texas Instruments Incorporated

GE Measurement and Control Solutions

Check out the featured Add-on Services offered with Sugar Processing Market Procurement Intelligence Report.

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

Market Intelligence involving - market size and forecast, growth factors, and driving trends

Price and Cost Intelligence - pricing models adopted for the category, the total cost of ownership

Supplier Intelligence - rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

Sourcing / Procurement Intelligence - best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline

Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: [email protected]

Web: https://www.grandviewresearch.com

#Automotive Sensors Industry #Automotive Sensors Industry Automotive Sensors Industry Procurement Intelligence #Automotive Sensors Industry Procurement Intelligence

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copperdigitalinc · 4 years ago

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How Emerging Technologies are re-shaping the future of Logistics

We live in the ‘Instant’ generation. Consumers want products delivered to them as quickly as possible. The need for instant deliveries has made it imperative for companies, their warehouses, and logistics partners to adapt to new management methods. The logistics industry plays a crucial role in developing the nation’s economy by providing ample employment. The global logistics market is expected to have a worth of 15.5 trillion USD by 2023. Changing consumer behavior is a critical factor determining the technologies used in the industry. Emerging technologies like autonomous delivery vehicles and self-learning warehouse robots are changing modern logistics’ face and fate.

With the acute restrictions and lockdowns due to the spread of COVID-19, many companies have now begun to move to a “recovery mode” and have started planning for the longer term. As companies seek to strengthen operations and business resilience, the importance of supply chain resilience and risk management is more apparent than ever.

Autonomous trucks like those from Tesla, Uber, and Embark use deep learning algorithms and optimize delivery routes. An autonomous six-wheel cooler-box robot is expected to drop off your packages a few hours after your order is placed.

Another example is Walmart. This American retail giant recently partnered with US-based robotics company Nuro to launch autonomous delivery robots to add to their existing delivery options.

Some of the emerging technologies bound to influence the future of logistics are the Internet of Things, Artificial Intelligence, 3D Printing, Drone delivery, and Driverless Cars.

1. Internet of Things

The power of the internet and Wi-Fi has made it possible for things to connect globally, so we call it the Internet of Things. Not more than a decade ago, it was impossible to turn on your ceiling fan or unlock your car from your smartphone. Most of the devices today have a built-in Wi-Fi sensor, opening multiple opportunities for various sectors. For instance, there are numerous opportunities involved in the supply chain sector, such as reducing costs and delays.

Another advanced technology named RFID is a popular way for companies to track their inventory and flow of materials. Similar to RFID tags are barcodes. Still, the superior speed of information delivery and data processing of RFID is more appealing to businesses.

2. Artificial Intelligence

Artificial Intelligence is defined as machines that replicate and adapt according to human intelligence. AI technologies are all set to evolve the way supply chains work. The five powerful technologies that have made significant progress in the industry are self-driving trucks, equipment failure predictions, machine-vision inspections, last-mile delivery, and procurement chatbots.

According to Gartner reports, supply chain organizations expect the extent of machine automation to double in the next five years. Moreover, integrating AI into supply chain operations will have an overall more significant economic impact than any other advancement.

a. Chatbots:- Automated conversation tools or Chatbots are already used extensively by multiple industries. While the ‘Chatbot trend’ is more common in company-company interactions, it’s only begun to bring business to B2C companies. For instance, these conversations can help you provide instant requirement requests, stock availability, shipment statuses, and procurement queries.

b. Last-mile Delivery:- The most expensive and critical stage in the journey of product delivery is the final destination. Studies suggest that last-mile logistics costs account for an estimated 53% of overall delivery costs. A great way to optimize the last-mile delivery routes is by employing a geolocation algorithm that automatically includes map addresses.

c. Equipment Failure Prediction:- According to studies, unplanned downtime of equipment in the supply chain costs an estimate of $50 billion each year. It also affects the plant’s overall productive capacity between five to twenty percent. AI can predict machine failures to prevent all of that.

3. 3D Printing

3D printing or additive manufacturing has recently gained popularity in the automotive sector. It can help manufacture easy, safe, robust, and cost-efficient products. Besides, the manufacturing cost and time are significantly reduced due to additive manufacturing. They facilitate storage and replacement of parts in virtual warehouses as data models.

4. Drone Delivery

Using RFID, QR-codes, and IoT, drones can physically take over your inventory. For instance, Walmart stores can quickly deliver small items, reducing the need and dependency on human resources. They can also transport boxes around distribution centers, and make lives easier for warehouse owners. Outside of the warehouse, drones may also be used for supply chain deliveries. For instance, UAVs could ship inventory between production facilities and distribution centers, potentially expediting order fulfillment.

5. Driverless Cars

Autonomous vehicles or driverless cars are already a reality with the rise of a new megastructure. While it hasn��t wholly become driverless, the process of making the whole thing autonomous has facilitated faster deliveries.

The future of roads and logistics looks way too bright, with the number of autonomous vehicles increasing on the road. There’ll be less congestion and a shortage of drivers. Moreover, you can expect an increase in safety measurements using such technology in the logistics industry. In all, the overall cost is reduced, thereby positively impacting the future of logistics.

Source https://bit.ly/3msiDfu

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e-energyit · 2 years ago

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5 Exciting Automotive Innovations Will the Driver Be Taken Out of Control in an Emergency | E-energy

5 Exciting Automotive Innovations Will the Driver Be Taken Out of Control in an Emergency

Industry experts point out that the driverless cars of the future will have more talent and skills to handle every event compared to the driver.

If you go back a hundred years to the days when the automobile was born, you will find that the intricate and technically innovative car was seen as a marvel by the people of that time. It seemed like a mystery and represented an exciting new era for mankind. Today, people see them as a normal part of modern life.

Today, it's time to get excited about cars again, as countless innovations are waiting to be unleashed. Here are five of the most exciting new technologies.

1. Driver override control system

It may sound like a science fiction movie depicting dangerous intelligent robots, but beyond-driver control systems are just around the corner. Smart vehicles can wrest control from the driver in an emergency, and if faced with imminent danger, their authority will overtake the driver. The main aim is to reduce the incidence of road accidents, and such a design means that sensitive sensor technology will take precedence over the driver's assessment of potential risks.

2. Driver health monitoring

Smart vehicles are not only able to take control when the driving system notifies the driver of a bad decision, but they are also able to keep a close eye on the driver's overall health to ensure that they stay awake while driving.

While Mercedes-Benz has had a fatigue detection system in its vehicles for years, this system will go a step further by tracking all of the driver's vital statistics. This means that if a driver finds themselves unwell or unconscious while driving, the Intelligent Drive system can direct the vehicle to the side of the road and call for assistance from a paramedic.

3. Remote vehicle shutdown

As exciting as these innovations are, it seems unlikely that everyone has a good feeling about them. The booming wave, especially remote vehicle shutdowns, may be upsetting to criminals.

This ingenious technology will give police the ability to shut down stolen cars via intelligent remote information systems, thus avoiding dramatic police chases while significantly reducing the risk of teenagers driving around and the success rate of vehicle theft.

4. Personalized marketing based on driving conditions

Unfortunately, some of these innovations are intrusive. People know that marketing agencies will know their every move and offer people tailored deals based on Facebook pages, Internet searches and eBay purchases, but now it's possible to take it a step further and add driving data to the mix.

A robust set of in-vehicle metrics will be able to record and filter vital information about drivers and their vehicles, providing innovative and ambitious insurers with the statistics they need to send fully personalized deals to their inboxes.

5. Driverless cars

People are concerned about driverless cars winding their way through suburban roads. And Google has developed smart cars designed to eliminate human error on the road, help reduce collisions, accidents and injuries, and improve safety.

The technology company has carefully developed a system that will be able to navigate everything from passing other vehicles to dealing with dangerous weather conditions, and will be able to handle every event with a flair and skill that is unmatched by drivers.

Prepare your supply chain

Buyers of electronic components must now be prepared for future prices, extended delivery time, and continuous challenge of the supply chain. Looking forward to the future, if the price and delivery time continues to increase, the procurement of JIT may become increasingly inevitable. On the contrary, buyers may need to adopt the "just in case" business model, holding excess inventory and finished products to prevent the long -term preparation period and the supply chain interruption.

As the shortage and the interruption of the supply chain continue, communication with customers and suppliers will be essential. Regular communication with suppliers will help buyers prepare for extension of delivery time, and always understand the changing market conditions at any time. Regular communication with customers will help customers manage the expectations of potential delays, rising prices and increased delivery time. This is essential to ease the impact of this news or at least ensure that customers will not be taken attention to the sudden changes in this chaotic market.

Most importantly, buyers of electronic components must take measures to expand and improve their supplier network. In this era, managing your supply chain requires every link to work as a cohesive unit. The distributor of the agent rather than a partner cannot withstand the storm of this market. Communication and transparency are essential for management and planning. In E-energy Holding Limited, we use the following ways to hedge these market conditions for customers:

Our supplier network has been reviewed and improved for more than ten years.

Our strategic location around the world enables us to access and review the company's headquarters before making a purchase decision.

E-energy Holding Limited cooperates with a well -represented testing agency to conduct in -depth inspections and tests before delivering parts to our customers.

Our procurement is concentrated in franchise and manufacturer direct sales.

Our customer manager is committed to providing the highest level of services, communication and transparency. In addition to simply receiving orders, your customer manager will also help you develop solutions, planned inventory and delivery plans, maintain the inventory level of regular procurement, and ensure the authenticity of your parts.

Add E-energy Holding Limited to the list of suppliers approved by you, and let our team help you make strategic and wise procurement decisions.

#e-energy

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alliedmarketresearchs · 3 years ago

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Urban Air Mobility(UAM) Market Research Report, Types, Technology, Application and Region Forecast to 2027

Urban air mobility (UAM) is known to provide safe and efficient transportation facilities to the people using autonomous and piloted aircrafts for the intercity as well as intracity based commutation. The market of urban air mobility is growing in multiple folds as it can be used for multiple operations, like weather monitoring, ground traffic assessment, delivery of packages, medical evacuations, gathering of news, rescuing, and transport of passengers.

Market scope and structure analysis

Ø Market Size Available for Years

2020–2027

Ø Base Year Considered

2019

Ø Forecast Period

2021–2027

Ø Forecast Unit

Value (USD)

Ø Segment Covered

Vehicle Type, Application, and Region

Ø Regions Covered

North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, Mexico, and Rest of LAMEA)

Ø Companies Covered

Kitty Hawk, Volocopter GmbH, Lilium, The Boeing Company, EHang, Airbus, Neva Aerospace, Workhorse Group Inc., Opener, Pipistrel Group

Get a sample of the report @ https://www.alliedmarketresearch.com/request-sample/6808

COVID-19 Scenario Analysis:

· Most of the transportation facilities are interrupted due to COVID-19 situation and people are made quarantine to their places which also affected the urban air mobility market and the growth of these industries.

· COVID-19 has actually hampered the growing market of urban air mobility in various countries around the world.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The aerospace company is going through the major modifications as the future of flights tend to take dynamic shift. Due to high traffic congestion and overburdened roads, the stakeholders of this industry are investing huge amount of money in the urban air mobility (UAM).

Change in the living standards of the people, rise in the disposable income, and increase in priority for better experiences are some of the factors that contribute toward the growth of the market.

Massive increase in the research and development activities within various segments associated with the market of urban air mobility (UAM) is expected to boost the growth of the market.

However, the strict regulatory policies associated with urban air mobility vehicles, safety and privacy concerns, higher infrastructural costs, and technology based constraints can hamper the market growth.

The global urban air mobility (UAM) market trends are as follows:

Autonomous segment

The segment of autonomous urban air mobility tends to lead the market during the forecast period. The reason is clear as autonomous eVTOLs are best suited for cargo based transportation and passenger commutation and in the coming time expected to be used more for intercity transportation. These autonomous vehicles can be efficiently operated in urban regions as equipped with quality sensors and intense technology for operations without human interventions.

Major Potential Market

The European market is expected to grow at the highest rate within the forecast time period as countries in the region, like France and Germany, are working hard toward the procurement of technologically advanced eVTOLs for the commercial based operations. Also, the major advancements in the growing economies related to manufacturing capabilities eventually drive the market growth.

Request a discount on the report @ https://www.alliedmarketresearch.com/purchase-enquiry/6808

Key Segments Covered:

Ø Vehicle Type

Autonomous

· Piloted

Ø Application

Passenger Transport

Freighter

· Others

Key Benefits of the Report:

· This study presents the analytical depiction of the global urban air mobility (UAM) industry along with the current trends and future estimations to determine the imminent investment pockets.

· The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global urban air mobility market share.

· The current market is quantitatively analyzed from 2020 to 2027 to highlight the global urban air mobility market growth scenario.

· Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

· The report provides a detailed global urban air mobility market analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in the Urban Air Mobility Market Research Report:

· What are the leading market players active in the urban air mobility market?

· What the current trends will influence the market in the next few years?

· What are the driving factors, restraints, and opportunities in the market?

· What future projections would help in taking further strategic steps?

To know more about the report @ https://www.alliedmarketresearch.com/urban-air-mobility-uam-market-A06443

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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rishinayak · 3 years ago

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Trends in Industrial Sensors

In layman's terms, Industrial Automation Sensors are input devices that provide an output (signal) considering a specific physical quantity. In industrial automation, sensors play a significant role in making the products intelligent and highly automatic. These industrial sensors allow users to detect, analyze, measure and process various tasks like length, height, alteration in position, exterior, and dislocation in the Industrial manufacturing sites. These industrial sensors help predict and prevent numerous potential threats and cater to the requirements of many sensing applications.

Some of the types of sensors used in automation:

● Temperature Sensors

● Pressure sensors

● MEMS Sensors

● Torque Sensors

Why are sensors key in Industrial Automation?

Sensors and factory automation can transform the entire industry and solve the growing labor shortage. Factories are facing cut-throat competition due to the rise in demand for sustainable production and faster technological development. The key to this problem is to make the production processes more innovative, flexible, cost-effective, and more environmentally friendly.

Sensors can help secure complete control of industrial automation systems and enable effective monitoring, predictive maintenance, preventing breakdown, and downtime minimization – these all eventually lead to significant savings and profit. These are just a few instances where sensors can play an essential role in industrial automation. Let's move forward and see how industrial automation sensors can facilitate factory automation and industry 4.0.

Market Overview of industrial sensors:

The increasing awareness of the industrial IoT has diverted the focus of end-user industries toward industrial sensors. As a result, the industrial sensors market is expected to grow at a CAGR of 6.22% and reach USD 228.08 billion by 2026.

The industrial sensor market will witness lucrative growth this year due to the increasing scope of applications for sensors and significant investment in R&D. The use of predictive maintenance and remote monitoring in factories provides growth opportunities to the industrial sensors market.

Additionally, the transitioning of factories into digitally innovative environments and transforming existing partial automated facilities into a completely automated facility compel factory wonders to boost quality, speed, and productivity. This is another reason behind the rise in demand for industrial sensors.

Covid-19 Impact on the Industrial sensors market

Oil & gas manufacturing is the primary industry that uses industrial sensors and comprises more industrial sensor markets. Around 2000 EPC oil & gas projects across various segments have to halt or are delayed due to the imposition of lockdown amid the COVID-19 pandemic. Various new and ongoing projects across the oil and gas value chain are likely to face challenges in project execution, planning, and risk management.

Significant drivers of the industrial sensor market:

Today, Factory Automation is entering its 4th revolution, commonly known as Industry 4.0, and one of the main parts of the megatrend of Industrial IIoT (IIoT). Big tech giants like AT&T and Google have also started taking an interest in Industry 4.0 solutions.

For newbies to this term, the industrial Internet of Things (IIoT) is a sub segment of IoT used for industrial purposes like manufacturing and supply chain monitoring and management. The rise of IIoT, the growing industrial sector, and the increasing numbers of small and medium-sized enterprises (SMEs) are some of the sensor market growth drivers.

Key Market Players

APAC has been the market leader since 2018 and is maintaining its winning streak. Some of the key market players are Rockwell Automation (US), Texas Instruments (US), Siemens (Germany), Bosch Sensor Tec (US), Panasonic (Japan), STMicroelectronics (Switzerland), First Sensor (Germany), Amphenol Corporation (US), Integrated Device Technology (US). These are only a few prominent companies dominating the industrial sensors market.

Key Market Trends

In factories, the proximity sensor can detect objects within its range without any physical contact. This sensor radiates an electromagnetic radiation beam in infrared light to determine the object's distance from the sensor.

The touch-free feature of proximity sensors fuels the adoption of proximity sensors in automotive applications like keyless entry systems, 3D gestures, and interior lighting control. The rise of industrial robots is one of the key factors driving the growth of the proximity sensor market.

Major sensor manufacturers or critical market players focus on using advanced technologies like cloud computing blended with industrial sensors. This rising trend is creating lucrative growth opportunities and driving the industrial sensors market.

The companies want to procure real-time and temperature sensing data for analysis using an intuitive web interface. Integrating wireless sensors with cloud computing, enterprises can manage large amounts of sensor data and increase the efficiency of the connected devices.

Competitive Landscape

Established industry players dominate the industrial sensors market, and these players are incorporating advanced technologies to cater to varied end-user industries. Hence, small-scale manufacturers are facing tough competition. Global sensor manufacturers face fierce competition from local companies as local manufacturers are increasingly aware of the regulations and suppliers in the sensor industry.

In Jan 2019, Rockwell Automation launched Allen-Bradley 42AF Right Sight M30 photoelectric sensor, which is built with IO-Link capability. This IO-link helps integrate into the connected enterprise and deliver data from the sensor directly into a control system.

Omron launched 2,512 models of its DC 3-Wire E2E NEXT Series Proximity Sensors, which were equipped with OMRON's Thermal Distance Control 2 and PROX3 hybrid circuits technologies. This sensor is capable of sensing distances that are at least twice their previous models.

Restraint:

Original equipment manufacturers (OEMs) want sensor manufacturers to provide the best-in-class technology at a lower cost. Sensors are manufactured as per the end-industry user and application requirement, and the specification for a sensor varies depending upon the application. In such cases, sensor manufacturers cannot reduce the cost because they are not producing it in bulk. However, the piercing pressure from end-users compels the sensor manufacturers to cut down their profit. Price competitive market is one of the reasons behind the slow growth of the industrial sensor market.

Opportunity for manufacturers

The demand for industrial sensors increases in several industries like petrochemical, semiconductor, food processing, and transportation as sensors can monitor and process vibration and noise signals. Industrial sensors can collect, transmit, and help to process information, detect machine health, and predict the likelihood of its failure. All these capabilities of industrial sensors assist the manufacturing industry in reducing maintenance costs and minimizing downtime.

Challenge

The majority of the industries are still running on old machinery that is not outfitted with sensors. Also, it requires the understanding to understand each of the functions of these machines, determine the right sensor and find a suitable location to install. Hence, industries find this process complicated and highly costly.

Recent Developments

● In February 2020, Panasonic developed a time-of-flight image sensor that has avalanche photodiode (APD) pixels. This sensor can acquire highly accurate 3D information by objects from distances up to 250 m. This sensor has various use cases like automotive range imaging and wide-area surveillance.

● Later in May 2020, STMicroelectronics launched VL53L3CX- a time-of-flight sensor with a multi-object ranging feature for industrial and personal electronics applications.

Industrial sensors help factories optimize processes and automate for more excellent reliability and longevity in industrial automation. These are some of the valuable insights into industrial sensor market dynamics. The manufacturing industry is one of the major end-user industries of industrial sensors.

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gopisharmasworld · 3 years ago

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Action camera market is expected to reach $3.2 billion by 2027— Allied Market Research

The action camera market holds a substantial scope for the market growth. The market is currently in its growth stage; however, its contribution to the global market is expected to increase significantly during the forecast period. Increase in demand for compact cameras has enforced the market to produce innovative products with various features such as water proofing, Wi-Fi connectivity, and latest sensor technologies. Growth of the global population and rise in per capita income boost the market growth, thus increasing production of action cameras.

Change in consumer behavior in the personal use segment and preference of consumers for mobile phones over action cameras are expected to affect sales in coming years. Although, numerous players are entering the action camera market with innovative cameras with new features. Emerging innovative cameras with compact sizes are expected to increase the market competition in years to come.

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Growth in population in developing countries, such as China and India, has increased demand for body worn cameras and action cameras. This increase in population, coupled with per capita income has increased demand for action cameras, further raising production of cameras. In emerging countries, per capita income is more as compared to developed countries and hence, adoption of new and innovative products such as body worn cameras, diving cameras, and action cameras is eventually higher.

The action camera market is segmented on the basis of end user, technology, distribution channel, and region. By end user, it is categorized into professional and personal. The professional segment was valued at $1.3 billion and is expected to growth with a CAGR of 7.7 (2019-2027) to reach $1.9 billion by 2027. The personal segment is expected to be the fastest growing segment with a CAGR of 9.9% during the forecast period. The fastest growth of personal segment is attributed increase in demand for personal users for different types of action cameras made with various attractive features.

By technology, it is categorized into standard definition (SD), high definition (HD), and ultra-high definition (Ultra HD). On the basis of distribution channel, the market is divided into brand outlets, supermarkets/hypermarkets, e-commerce, and specialty stores. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Italy, Germany, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, the UAE, Saudi Arabia, and rest of LAMEA).

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Countries such as China, the U.S. and the UK, NORDIC countries, India, and South Korea are largest spenders on action cameras. In addition, factors such as product availability, socio-economic status, per capita expenditure and consumer purchasing power are responsible for the growth of the action camera market in these regions.

Key Findings Of The Study

The ultra-HD products segment is expected to grow at a CAGR of 11.9% during the forecast period.

Asia-Pacific is anticipated to dominate the action camera market growth, registering a CAGR of 13.4%

Professional segment is projected to contribute with highest market share during the forecast time period, with around 60% market share in 2027, and CAGR of 7.7%

The e-commerce distribution segment is anticipated to dominate the global action camera market, with a CAGR of 12.6% during the forecast period.

The specialty store segment is estimated to grow at a CAGR of 7.6% during the forecast period.

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The global market is fragmented with the presence of several market participants across various regions. The strong presence private label brands is giving tough competition to global players. The key players operating in Global Action camera market include GoPro, Inc., Samsung Electronics Co., Sony Corporation, Shenzhen Arashi Vision Co., Ltd, Drift Innovation Ltd, The Ricoh Company, World Wide Licenses Ltd –iON, Eastman Kodak Company, Toshiba Corporation, and Xiaomi Corporation.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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dasananya · 3 years ago

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Automobile Phone Bracket Market Trend and Opportunity Analysis and Industry Forecast,( 2021-2030)

Automobile phone bracket is used to mount mobile phones commonly in cars. It is a smart gadget for smart phones, and helps to access mobiles phone while driving without holding it. These phone brackets offer multiple uses such as GPS navigation while driving, attending important calls, and accessing car infotainment system. Automobile phone bracket is convenient to use and offers hassle free life to its consumer. Majority of accidents happen due to usage of mobile phone while driving; the usage of automobile phone bracket helps reduce the chances of accidents and ensures drivers safety. Increase in use of smart phones & unique features of automobile phone bracket is a major factor that drives the growth of the automobile phone bracket market.

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Companies Covered

Arkon Resources, Inc., Brodit AB., IOttie, Inc., Momax GmbH corporate. , Pt Capdase Indonesia Distribution Ltd. Huawei Technologies Co., Ltd., Guangdong Pisen Electronics Co. Ltd, Ningbo Cooskin Stationery Co., Belkin International Inc ., Nekteck Inc.

COVID-19 Impact Analysis-

Many industries were suffering from huge economic crisis during the lockdown, and the automobile phone bracket industries also faced an adverse effect of the corona virus disease.

Nation-wide lockdown was imposed by different governments to control spread of corona virus disease, which resulted to huge disruption in supply chain of raw material and production cycle.

Many restraints and lockdown were imposed by the government which resulted into decrease in use of cars and other vehicles as well decline in use of automobile phone bracket. This hampered the sales of automobile phone bracket, and thus decreased the market growth.

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Top Impacting Factors-

Key players are highly investing on R&D, to offer improvised products with new features to its consumers and to compete with rival products. Automobile phone bracket is recent innovation and key players have introduced innovated and updated products in the market. Addition of some prominent features such as gravity sensor and wireless charging technology in automobile phone bracket helps to wirelessly charge smart phone while driving and hold it in a safer and convenient manner. These significant features boost the growth of the automobile phone bracket market.

Automobile phone bracket are available in different types and models according to consumer requirement such as air vent mount, adhesive mount, CD slot mount and cup holder mount. Variety in automobile phone bracket is also an important factor in accelerating the growth of the automobile phone bracket market.

Automobile phone bracket is majorly used by cab drivers, as they have to access mobile to confirm pick-up locations of passengers, to access google maps for navigation while driving and to confirm dropping point and collection of bills. These help reduce the risk of accidents and ensure drivers safety as well as passengers safety while driving, which increase their adoption.

Market Trends-

Rise in trend of magnetic/wireless charging in automobile phone bracket

People are more attracted toward magnetic/wireless chargeable automobile phone brackets, as these help provide more grip in holding smart phones while driving. Wireless charging is another unique feature which is introduced in automobile phone bracket market, as it helps to charge phone while driving and eliminates requirement of cables and charging ports which helps to make life hassle free. These are most impacting factors which boost the growth of the automobile phone bracket market.

Increase in usage of cars

Automobile phone bracket is a very helpful and smart gadget for cars. It reduces risk of accidents and ensures drivers safety. This gadget is very commonly used by cab drivers as they need to access google maps and application while driving. Thus increase in use of cars makes way for increased adoption of automobile phone brackets, in turn boosting the market growth.

Key Benefits of Report-

This study presents the analytical depiction of the automobile phone bracket industry along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the automobile phone bracket Market share.

The current market is quantitatively analyzed from 2020 to 2028 to highlight the automobile phone bracket Market growth scenario.

Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

The report provides a detailed automobile phone bracket market analysis based on competitive intensity and how the competition will take shape in coming years.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

Contact:

David Correa5933 NE Win Sivers Drive#205, Portland, OR 97220United StatesToll Free (USA/Canada):+1-800-792-5285, +1-503-894-6022, +1-503-446-1141UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected]: https://www.alliedmarketresearch.com

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esglatestmarketnews · 3 years ago

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Automotive Sensors Industry Procurement Intelligence, Drivers and Challenges Analysis Report 2020-2027

Mass airflow sensor

Engine speed sensor

Oxygen sensor

Spark knock sensor

Coolant sensor

Manifold absolute pressure (MAF) sensor

Fuel temperature sensor

Voltage sensor

Camshaft position sensor

Throttle position sensor

Vehicle speed sensor

Find more research reports by Grand View Research:

Vegetable Fats and the Oil Industry Procurement Intelligence : The global vegetable fats and the oil market was valued at ~USD 235 billion in 2020 and it is expected to grow at a CAGR of 4% from 2020 to 2027.

Wastewater Treatment Industry Procurement Intelligence : The global wastewater treatment market was valued at ~USD 260 billion in 2020 and it is expected to grow at a CAGR of 6.5% from 2020 to 2027.

The COVID-19 pandemics negatively affected the global automotive sensor industry. It resulted in disruptions in the export of Chinese parts, large-scale manufacturing interruptions across Europe, and closure of assembly plants in the U.S. More than 2.5 million passenger cars were removed from the production schedule due to large-scale industrial lockdowns across North America and Europe. Reduced vehicle production directly translates to a significant drop in demand for automotive sensors. Moreover, the lack of aftermarket sensors is considered as one of the key constraints in the developing market during the forecast period.

Leading suppliers of automotive sensors are:

Analog Devices, Inc.

Denso Corporation

Robert Bosch

Sensata Technologies, Inc.

Asahi Kasei Corporation

Freescale Semiconducto

Maxim Integrated

Infineon Technologies AG

Measurement Specialties

Tekscan, Inc.

Texas Instruments Incorporated

GE Measurement and Control Solutions

The global automotive sensor industry features a moderately consolidated landscape with leading players contributing around 55% of the market share. Industry leaders are strengthening their presence through multiple mergers and acquisitions.

Check out the featured Add-on Services offered with Automotive Sensors Industry Procurement Intelligence Report.

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Our services include (not limited to):

Market Intelligence involving - market size and forecast, growth factors, and driving trends

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Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

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#Automotive Sensors Industry #Automotive Sensors Industry Automotive Sensors Industry Procurement Intelligence #Automotive Sensors market Procurement Intelligence

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kennethresearch · 3 years ago

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Global Smart Textile for Military Market Size, Share, Growth, Trends and Forecast 2021-2025

The main aim of the smart textiles is to reduce the weight of the electronic gadgets, battery pack and connecting cables so as to improve survivability of soldier at war fields.Smart textiles or smart fabrics are created by integrating electronic components into them in order to increase the functionality of the product. Some of the integral parts of smart textiles are sensors, actuators, and control units. These fabrics are made such as they are capable of interacting with the environment and have the ability to react to physical stimuli from thermal, mechanical, electrical, and chemical sources. Smart textiles are also capable of health monitoring, ballistic protection, and inducing technological applications like global positioning system (GPS) system and other sensors. The smart textiles market in military is expected to register compound annual growth rate of XX% in the forecast period till 2022.

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Market Dynamics

Ever present race for modernization among the developing countries in their armed forces is the major driver for the Smart Textile Market for Military. No country wants their soldiers to lack in terms of advanced equipments. If the next war ever happens it will see soldiers with almost equal firepower, the only factor that will decide victory will be the protective vest worn by survivors High costs of the product and lack of exhaustive standards and regulations are the restraints that are faced by this market.

There are a lot of opportunities for this market, some of them are growing application for smart textiles in wearables and also the development of key enabling technologies. As the technologies used also keeps on developing further it again presents a lot of opportunities. Technical difficulties related to integration of Electronics and Textiles is the major challenge faced by this market.

Market Segmentation

The market for Global Smart Textiles for Military Market is segmented by two categories, they are 1) By Purpose Sensing Energy Harvest Thermal Luminescence Protection & Mobility Healing 2) By Type Active Smart Passive Smart Ultra Smart

Geographic Analysis

Asia Pacific market will become the largest market for these vests, but North America, Europe and South America will be major investors. The reason for it that the Indian Army, the second largest in the world needs XX million modular bullet proof jackets, and is open for tenders for the next 10 years. This offers a great market opportunity for military textile vendors.Also if India succeeds in acquiring smart vests for its soldiers, then the surrounding countries will also be in a race to procure the same due to a power battle in the region.Asia Pacific market lacks the technology and funds to mass produce such vests due to developing economies, but cheaper labour and lower taxes can be boon for such ventures in Asia Pacific.

Key Players

The major players of this market are as follows: Globe Manufacturing Company, BAE systems, Intelligent Textiles Ltd., Textronics, Lockheed Martin Corp., Gentherm Inc., Schoeller Technologies AG, Texas Instruments Inc., E.I. DuPont De Nemours and Co., Milliken & Company, Outlast Technologies LLC, Noble Biomaterials Inc. Report ContentsRegional AnalysisReport Highlights

Market Segments

Market Drivers, Restraints and Opportunities

Market Size & Forecast 2016 to 2022

Supply & Demand Value Chain

Market - Current Trends

Competition & Major Companies

Technology and R&D Status

Porters Five Force Analysis

Strategic and Critical Success Factor Analysis of Key Players

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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wenickjones · 4 years ago

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High-Speed Camera Market COVID 19 Impact & In-Depth Analysis till 2025

Facto Market Insights as of late distributed statistical surveying report on the worldwide High-Speed Camera Market to its assortment of statistical surveying reports. The exploration report covers point by point examination of market measuring and anticipating of the market covering the market drivers, challenges, opportunity investigation, and patterns, alongside different key bits of knowledge in the worldwide market. The examination report additionally incorporates the investigation of territorial producers and new market players, covering all the data reasonable for the customers to settle on essential business choices in the business.

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The report covers PESTLE examination and watchman's five powers investigation which exhibits the five powers including purchasers bartering power, providers haggling power, the danger of new participants, the danger of substitutes, and level of rivalry in the worldwide high-speed camera market. In the investigation, the system of watchman's five powers examination clarifies the technique for breaking down the opposition of the business covering the business structure and the degree of rivalry in the market. Along with this, the exploration report additionally covers current realities and figures identified with the macroeconomic patterns that are expected to affect the development of the general market.

Following are the Main Features of Global High-Speed Camera Market Report:

- Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis

- Growth Drivers and Barriers, Market Trends & Market Opportunities

- Market Segments by Geographies and Countries

- Porter’s Five Forces Analysis & Trade Analysis

- Market Segment Trend and Forecast

- Market Forecast Analysis for 2021-2025

- Key Market Driving Factors

- Market Analysis and Recommendations

- Price Analysis

- High-Speed Camera Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.

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Market Segmentation:

The exploration offers an extensive investigation of worldwide high-speed camera market concerning following sub-markets:

By Spectrum Type

Visible RGB Infrared X-Ray By Frame Rate

250-1,000 FPS 1,001-10,000 FPS 10,001-30,000 FPS 30,001-50,000 FPS Above 50,000 FPS By Component

Image Sensors Processors Lens Memory Fan & Cooling Others By Application

Automotive & Transportation Consumer Electronics Aerospace & Defense Healthcare Media & Entertainment Others

Regional Insights:

The report investigations the market by geologies for example North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Further, the regions are fragmented into the country and regional groupings:

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)

- Latin America (Brazil, Mexico, and Rest of Latin America)

- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)

Competitive Landscape

The report includes profiles of leading companies in the global high-speed camera market. Some of the key players profiled include:

Photron, Olympus Global, Mikrotron, NAC Image technology, DEL Imaging, Motion Capture Technologies, Vision research. Inc., Ix Cameras, Fastec Imaging, and WEISSCAM.

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ehteshamuniverse · 4 years ago

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Industrial IoT Platform Market Size, Share, Development Status, Industry Statistics, Emerging Trends, Global Forecast to 2027

Market Highlights

Companies everywhere are striving to build a solid IoT platform and are putting in efforts to become highly active in this aspect, in a bid to inch closer to their business goals. With this platform, companies are trying to connect to the rest of the world. However, IIoT is a lot different from IoT. Although IIoT originates from IoT, the latter is mostly about facilitating human interaction with an object.

Market Research Future (MRFR) predicts that the global industrial internet of things (IoT) platform market is set to reach the value of USD 650 million by the end of 2022. The market will register a CAGR of 23% during the forecast period (2016-2022).

IIoT induces connection between devices, sensors, in addition to enhancing the manufacturing execution systems. It helps apply intelligence as well as analytics to learn and elevate the performance of the present devices. Its main objective is to monitor, sophisticated controls, build parameters, and also look for solutions that can bring down the downtime and augment the overall productivity of the asset. These qualities of IIoT is bound to create high demand among organizations all over the world, who are increasingly learning about its benefits and how they can be used in their favor.

Digital manufacturing technologies have become a boon for all the manufacturers, with IIoT playing an important role in the deployment of digital manufacturing. The industrial internet of things market can achieve greater heights in the near future, thanks to the increasing collaboration between industry stakeholders coupled with the soaring demand for the connected supply chain. Surge in the number of government-sponsored initiatives, as well as creative efforts being put in by renowned vendors can also boost the demand for the IIoT platform market in the next couple of years.

Regional Insight

North America, Asia Pacific (APAC), the Middle East & Africa (MEA) and Europe, are considered to be the primary regions in which the global industrial IoT platform market is expected to grow during the review period.

APAC currently holds the maximum potential to achieve the leading position in the global industrial IoT platform market. Expanding population along with the rising use of electronic devices has led to the strong market demand in the region. China holds one of the largest manufacturing hubs in the world coupled with a vibrant consumer electronic industry, which is working in favor of the market. Thriving automotive sector in Japan, as well as South Korea, also induces market growth. Government strategies like Smart Cities Mission in India, Make in India, Made in China 2025 and the Industrial Value Chain Initiative (IVI)’ in Japan, combined with favorable FDI policies, have also resulted in the high demand for digital technologies across various industries in the region.

North America can seize the second biggest share in the market for industrial IoT platform, thanks to the considerable investments being made in technology startups. The region houses a large pool of renowned players and is known for being a hub for technological innovations and early adoption of IIoT. Canada is one of the most lucrative markets for IIoT in the region, as a result of the vigorous government investments that help stimulate the demand for IIoT solutions.

Top Companies

Top companies that are changing the face of the Industrial IoT Platform market include Hitachi Insight Group (U.S.), PTC (U.S.), Microsoft Inc. (U.S.), Siemens AG (Germany), SAP SE (Germany), NEC Corporation (Japan), Huawei Technologies Co. Ltd. (China), International Business Machines Corporation (U.S.), General Electric Corporation (U.S.), Fujitsu (Japan), to mention a few.

Segmentation:

The IIoT platform market is segmented based on component, application and vertical.

By component, the market is segmented on the basis of hardware and software. The hardware segment is sub-segmented into sensors, cameras, processing units and others. Industrial sensors impart high degree of accuracy, reliability, range, and sensitivity, while providing better control and automation of industrial processing units.

By application, the market is segmented into asset management, remote monitoring, network system management and others. Asset management solutions help reduce inventory and stock management cost and also effectively utilize existing equipment through tracking and monitoring both in real time and non-real time. This helps organizations achieve their objectives. Hence, these factors are driving the growth of the asset management system market.

By verticals, the market is segmented into manufacturing, power and utilities, aviation, oil and gas and others. The growing need for agile production, operational efficiency, and control along with demand-driven supply chain and connected logistics have augmented the growth of IIoT platform market in manufacturing.

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alliedmarketresearchs · 3 years ago

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Robotic Wheelchair Market Size 2020 | Business Status, Industry Trends and Forecast to 2027

Robotic wheelchair works on robotics based technology and possesses the capabilities of detecting obstacles in a way, navigating, and moving automatically using sensors. The major demand for the robotic wheelchairs comes from people with permanent or temporary mobility based impairment, old age population, and extremely obese people who are unable to do smooth movements.

Market scope and structure analysis

Ø Market Size Available for Years

2020–2027

Ø Base Year Considered

2019

Ø Forecast Period

2021–2027

Ø Forecast Unit

Value (USD)

Ø Segment Covered

Application, End User, Distribution Channel, and Region

Ø Regions Covered

Ø Companies Covered

Sunrise Medical LLC, Whill In, Permobil Corporation, Meyra GmbH, Matia Robotics, Karman healthcare, Upnride Robotics, Ottobock SE & Company, DEKA Research & Development, Invacare Corporation

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COVID-19 Scenario Analysis:

· The closure of factories due to COVID-19 led to the decline in the production of the robotic wheelchairs in the industries. This not only affected the scale of production but also the growth of these industries.

· The sale of the robotic wheelchair is expected to increase after worldwide release of the lockdown situation due to COVID-19.

· The online platforms, shops, and retail stores were shut due to lockdown observed worldwide. This also affected the trade of these products which in turn hampered the sales of robotic wheelchair in various countries around the world.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Aging population, independent mobility, accident victims, and people in need of assistance for easy mobility are the key drivers for the increase in the demand for the robotic wheelchairs during the forecast period. In addition, rise of consumer disposable income in the emerging economies, innovation in technology, and intense research & development are the major factors that boost the growth of the robotic wheelchair market.

Adoption of advanced high technology in robotic wheelchairs has helped in providing multiple features in the machine. The benefits of the robotic wheelchairs include navigational mapping, sensor based movements, and effective assistance for easy mobility. However, high purchasing and operating cost hamper the growth of the industry

The global robotic wheelchair market trends are as follows:

Rise in demand within commercial sector

The commercial sector for the market of robotic wheelchair is expected to expand during the forecast period due to increase of robotic wheelchairs at places like hospitals, airports, tourist spots, and social service homes. For instance, Panasonic and Whill Inc. has designed self-driving robotic wheelchair which can be operated through a smart phone and is being used in hospitals and airports in Singapore.

E-commerce distribution

Major players in this industry are tying up with online retailers to increase the customer base and to expand the reach of the product. They are also launching their e-portals to ease the process of purchase for the customers. Some of the examples are healthvistas.com, china.com, medical bulky, and seniority.in.

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Key Segments Covered:

Ø Application

Residential

· Commercial

Ø End User

Male

· Female

Ø Distribution Channel

Retail

Supermarket

E-commerce

· Others

Key Benefits of the Report:

· This study presents the analytical depiction of the robotic wheelchair industry along with the current trends and future estimations to determine the imminent investment pockets.

· The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global robotic wheelchair market share.

· The current market is quantitatively analyzed from 2020 to 2027 to highlight the global robotic wheelchair market growth scenario.

· Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

· The report provides a detailed global robotic wheelchair market analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in the Robotic Wheelchair Market Research Report:

· What are the leading market players active in the robotic wheelchair market market?

· What the current trends will influence the market in the next few years?

· What are the driving factors, restraints, and opportunities in the market?

· What future projections would help in taking further strategic steps?

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gopisharmasworld · 3 years ago

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Professional segment is projected to contribute with highest market share during the forecast time period, with around 60% market share in 2027, and CAGR of 7.7%

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shirlleycoyle · 4 years ago

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Cars Have Your Location. This Spy Firm Wants to Sell It to the U.S. Military

A surveillance contractor that has previously sold services to the U.S. military is advertising a product that it says can locate the real-time locations of specific cars in nearly any country on Earth. It says it does this by using data collected and sent by the cars and their components themselves, according to a document obtained by Motherboard.

"Ulysses can provide our clients with the ability to remotely geolocate vehicles in nearly every country except for North Korea and Cuba on a near real time basis," the document, written by contractor The Ulysses Group, reads. "Currently, we can access over 15 billion vehicle locations around the world every month," the document adds.

Although the company told Motherboard it has not sold the product to the U.S. government at this time, the news highlights the scale and reach of car-tracking technology, and the fact that car location data is of interest not just to insurance companies and the finance sector, but to government contractors who explicitly say they want to source the data for intelligence and surveillance purposes.

Ulysses previously had a contract with U.S. Special Operations Command (SOCOM), though for a different piece of technology.

Do you work for a company buying car location data? Does your company sell it? Do you know of any other companies offering telematics data to government agencies? We'd love to hear from you. Using a non-work phone or computer, you can contact Joseph Cox securely on Signal on +44 20 8133 5190, Wickr on josephcox, OTR chat on [email protected], or email [email protected].

Consumers may be unaware that automakers and Original Equipment Manufacturers (OEMs) often include sensors in vehicle parts that collect information such as their airbag and seatbelt status, engine temperature, and current location, and then transmit that information either back to the automaker or to third parties. Aggregator companies also purchase or obtain this data, repackage it, and then sell that data or products based on it to their own clients.

"Vehicle telematics is data transmitted from the vehicle to the automaker or OEM through embedded communications systems in the car," the Ulysses document continues. "Among the thousands of other data points, vehicle location data is transmitted on a constant and near real time basis while the vehicle is operating."

The document specifically suggests that this technology could be used for military operations: "We believe that this one attribute will dramatically enhance military intelligence and operational capabilities, as well as reduce the costs and risk footprint of ISR [intelligence, surveillance, reconnaissance] assets currently used to search for and acquire mobile targets of interest," the document adds. It says that Ulysses has "existing access to bulk commercial telematics data."

Included in the document is a map showing apparent vehicle locations spread across Russia, Ukraine, and Turkey, including along the border with Syria. A section of text next to the map says Ulysses' data access lets clients analyze targets "whether you want to geo-locate one vehicle or 25,000,000 as shown here." An image on the company’s LinkedIn page appears to show data related to Bulgaria.

A section of the document obtained by Motherboard. Image: Motherboard

The office of Senator Ron Wyden obtained and then provided the document to Motherboard. Wyden spokesperson Keith Chu told Motherboard in a statement that "Far too little is known about how private information is being bought and sold. Senator Wyden is conducting an ongoing investigation into the sale of personal data, particularly via data brokers, to put some sunlight on this shady industry. Our office is continuing to perform oversight into where data brokers are acquiring Americans’ information, and who they’re selling it to."

Ulysses is a small surveillance contractor based in Charleston, South Carolina, that also claims to offer cellular interception and jamming technology, hidden video recorders, and military training such as tactical driving, according to the company's website. The company paid former Trump National Security Advisor and conspiracy theorist Michael Flynn as an advisor, financial disclosure records show.

Ulysses has worked with U.S. Special Operations Command (SOCOM), a branch of the military tasked with counterinsurgency, counterterrorism, and special reconnaissance, according to public procurement records unearthed by Motherboard. Navy Lt. Cmd. Timothy Hawkins told Motherboard in an email that a 2016 contract related to Ulysses "using publicly available information to analyze how peer and near-peer competitor countries were making economic and financial investments in Africa and Central and South America. SOCOM used this analysis to deepen our understanding on how foreign competitors used economic and financial tools against U.S. interests in those regions. The contract’s period of work lasted around one year and concluded in 2017."

On its website, Ulysses said it has spoken at the Counter Terror Expo in the United Kingdom, and on its LinkedIn page claims it took part in a recent event with the U.S. Navy.

A post from The Ulysses Group's LinkedIn page. Image: Motherboard

"Ulysses participates in the Navy's Joint Interagency Field Experimentation 21-2 event," the post reads, alongside an image of vehicles driving along a highway. "Telematics based intelligence; the next revolution in data," the image adds. On its website, Ulysses also says it has worked on four contracts with the National Geospatial-Intelligence Agency (NGA).

The Navy acknowledged a request for comment, but did not answer specific questions on whether Ulysses demoed the vehicle location data product to the Navy or not, or what the purpose of Ulysses' attendance was. The NGA did provide a statement in time for publication.

Andrew Lewis, president of The Ulysses Group, told Motherboard in an email that "any proprietary promotional material we may have produced is aspirational and developed based on publicly available information about modern telematics equipment."

"We do not have any contracts with the government or any of its agencies related to our work in the field and we have never received any funding whatsoever from the government related to telematics," Lewis added.

A section of the document obtained by Motherboard. Image: Motherboard

The document does not explain exactly how Ulysses sources its data, be that directly from automakers or OEMs, or via an aggregator company. But there are plenty of companies that could be contributing.

With a consumer using a GPS navigation tool, for instance, "The OEM will have first dibs to the data, because they made the car and have access to the telematics," Andrea Amico, the founder of Privacy4Cars, which, among other things, sells tools to help dealerships remove data from vehicles, told Motherboard in a phone call. "But the company that provides the map itself, for instance, would have access to it; the company that provides the infotainment system may have access to it; the company that provides the traffic data may have access to it; the company that provides the parking data may have access to it. Right there and then you've got five companies that are getting your location."

With mobile phones, consumers can generally see what data an app may be requesting, and Apple recently told developers to add extra information about whether the data is used to track a user too.

"We have not entered that era yet with cars," Amico said.

An image on The Ulysses Group's LinkedIn page. Image: Motherboard

One company acting as a middleman for a wealth of this sort of car data is Otonomo, based in Israel. Motherboard has no evidence that Otonomo is involved with Ulysses in any way, but Otonomo is an example of how the car location data industry functions.

Otonomo says it has partnerships with 16 OEMs, with an installed base of over 40 million vehicles, according to an Otonomo presentation made for investors. The presentation adds that "thousands of organizations" in turn have access to Otonomo's data, and that it collects 4.3 billion data points a day.

Otonomo describes itself as "uniquely positioned at the heart of the automotive data ecosystem." The presentation suggests Otonomo has relationships with major car companies and car part companies. In another slide, Otonomo says the geography of BMW Group, for example, is "global," with 12 million vehicles available. "Commercial use cases" mentioned in the Otonomo presentation include smart cities, dealerships, fleet services, as well as insurance and financial firms.

BMW Product & Technology spokesperson Oleg Satanovsky told Motherboard in an email that BMW sends "traffic signs, traffic hazard warnings and traffic flow information" to Otonomo.

A section of the Otonomo presentation. Image: Motherboard

When asked if Ulysses is a client of Otonomo, Jodie Joseph Asiag, head of content and communications at Otonomo, told Motherboard in an email that "It is our policy not to comment on the status of any commercial relationship unless there has been a public announcement to the fact." Asiag added that "We are not actively pursuing or plan to pursue the use cases you mention" when Motherboard asked about selling location data for intelligence or surveillance purposes.

The investor slides add that connected cars are expected to make up 95% of new cars sold in the United States by 2022. Ulysses, for its part, is aware of this ballooning growth.

"When one considers that there are approximately 100,000,000 vehicles manufactured around the world every year which are increasingly connected to the manufacturer, other vehicles, infrastructure and their owners it becomes apparent that telematics will revolutionize intelligence and create new fields of study within the community. By 2025 it is estimated that 100% of new cars will be connected at some level—each transmitted more than 25 gigabytes of data per hour," the document adds.

The role of data that cars collect and who has access to it was a flashpoint in the November elections in Massachusetts. A "right to repair" ballot measure there sought to give independent manufacturers and owners greater ability to access repair information on vehicles; car manufacturers spent $25 million lobbying against it, claiming that passing the law would also give access to telematics data collected by various sensors. Manufacturers said this data was highly sensitive, and that wider access to it could be used by "sexual predators" to stalk innocent people (there was no specific provision in the measure that allowed this, and the measure overwhelmingly passed). Meanwhile, car companies are sharing this type of data with third-parties themselves.

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