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Europe Lidar Market Growth Focusing on Trends & Innovations During the Period Until 2029
Industry Analysis
Data Bridge Market Research analyses the Europe light detection and ranging (LiDAR) market will exhibit a CAGR of 24.9% for the forecast period of 2022-2029 and is expected to reach the USD 1814.1 million by 2029.
Additionally, the credible Europe Lidar Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for Semiconductors and Electronics industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.
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Market Insights and Scope
Light detection and ranging (LiDAR) are remote sensing processes that use a pulsed laser to absorb light and analyse distances to the Earth. These light pulses combine with data collected by an airborne device to produce three-dimensional exact data about the Earth's structure.
An international Europe Lidar Market research report examines competitive companies and manufacturers in the global market. Competitive analysis carried out in this market report puts forth the moves of the key players in the Semiconductors and Electronics industry such as new product launches, expansions, agreements, joint ventures, partnerships, and recent acquisitions. This market report puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. It studies market by product type, applications and growth factors.
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Industry Segmentation
Europe light detection and ranging (LiDAR) market is segmented on the basis of technology, component, type, product, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
On the basis of technology, the light detection and ranging (LiDAR) market is segmented into 2D LiDAR, 3D LiDAR, and 4D LiDAR.
The light detection and ranging (LiDAR) market on the basis of component is segmented into laser, navigation, camera, GPS GNSS receiver, and MEMS.
On the basis of type, the light detection and ranging (LiDAR) market is segmented into mechanical and solid-state.
Based on product, the light detection and ranging (LiDAR) market is segmented into terrestrial, aerial, mobile, and short range. Aerial LiDAR segmented is further sub-segmented into unmanned aerial vehicle (Uav), aircraft and satellite.
On the basis of application, the light detection and ranging (LiDAR) market is segmented into corridor mapping, engineering, environment, ADAS and driverless cars, exploration, and others.
The light detection and ranging (LiDAR) market is segmented on the basis of end user into defense, civil engineering, archaelogy, forestry and agriculture, mining, and transportation.
Industry Share Analysis
Some of the major players operating in the Europe light detection and ranging (LiDAR) market are
HOKUYO AUTOMATIC CO., LTD, SICK AG, Trimble Inc., Quantum Spatial, Beijing Beike Digital Medical Technology Co.,Ltd., Geokno India Pvt. Ltd, Velodyne Lidar Inc., NV5 Global, Inc., Quanergy Systems Inc., Phoenix LiDAR Systems, Airborne Imagining, FARO, GeoDigital, and Leica Geosystems AG, among others.
Market Country Level Analysis
The countries covered in the Europe light detection and ranging (LiDAR) market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
Italy and the U.K. are expected to dominate the Europe light detection and ranging (LiDAR) market and will continue to flourish its trend of dominance during the forecast period due to very well-developed manufacturing sector and rising expansion of automotive sector in this region.
An influential Europe Lidar Market research report displays an absolute outline of the market that considers various aspects such as product definition, customary vendor landscape, and market segmentation. Currently, businesses are relying on the diverse segments covered in the market research report to a great extent which gives them better insights to drive the business on the right track. The competitive analysis brings into light a clear insight about the market share analysis and actions of the key industry players. With this info, businesses can successfully make decisions about business strategies to accomplish maximum return on investment (ROI).
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#Europe Lidar Market Growing Popularity and Traffic#Europe Lidar Market Global Leading Brands and Businesses#Europe Lidar Market drivers-advantages-restraints and challenges#Europe Lidar Market Value-Segmentation-CAGR rate-Future Trends to 2029#Europe Lidar Market Demands-Size-Share-Top Trends#Europe Lidar Market Industry Insights-Country-Competitors Research#Europe Lidar Market Growth-Competition-Scenario-Outlook#Europe Lidar Market Global Opportunity Analysis#Europe Lidar Market 2029 by Product-Types-Procedure-Application#Europe Lidar Market Semiconductors and Electronics Industry
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Laser Diode Market Growth, Size, Share, Global Industry Report, Price, Analysis and Forecast 2024-2032
Laser Diode Market Outlook
According to the latest report by Expert Market Research (EMR), the global laser diode market share is poised for substantial growth, projecting a robust CAGR of 7.7% between 2024 and 2032. Fueled by technological advancements, increasing applications across diverse industries, and the rising demand for energy-efficient and compact laser solutions, the market is anticipated to witness significant expansion by 2032.
Laser diodes have emerged as pivotal components in various applications, ranging from telecommunications and medical devices to industrial manufacturing and automotive systems. The compact size, low power consumption, and high efficiency of laser diodes make them integral in cutting-edge technologies, influencing the market's positive trajectory.
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The widespread adoption of laser diodes in communication systems, such as fiber optics and data transmission, is a key factor driving market growth. Additionally, the growing demand for laser diodes in medical treatments, including surgical procedures, dermatology, and ophthalmology, further contributes to the market's upward trend.
Technological Advancements and Innovation
Laser diode technology continues to evolve, with continuous research and development efforts aimed at enhancing performance and expanding application capabilities. Innovations such as quantum cascade laser diodes for infrared applications and advancements in semiconductor materials contribute to the market's dynamic landscape.
Moreover, the integration of laser diodes in emerging technologies like LiDAR (Light Detection and Ranging) systems for autonomous vehicles and 3D sensing applications in smartphones augments the market's growth potential. As industries increasingly recognize the benefits of laser diodes, the market is witnessing a surge in investments in research and development activities.
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Laser Diode Market Segmentation
The laser diode market can be segmented based on type, wavelength, application, and region.
Market Breakup by Type:
Direct Diode Laser
Quantum Cascade Laser
Vertical Cavity Surface Emitting Laser (VCSEL)
Edge-Emitting Laser
Market Breakup by Wavelength:
Near-Infrared
Red
Blue, Green, and Violet
Others
Market Breakup by Application:
Communication
Industrial
Medical
Automotive
Consumer Electronics
Defense and Military
Others
Market Breakup by Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Laser Diode Market Competitive Landscape
The EMR report provides a comprehensive analysis of market shares, key developments, investments, and mergers and acquisitions within the global laser diode market. Key players shaping the market include:
Coherent, Inc.
IPG Photonics Corporation
OSRAM
TRUMPF
Jenoptik AG
Others
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3D LiDAR Sensor Market Expected to Reach $2.3 Billion, Globally, by 2030 at 14.5% CAGR: Allied Market Research
The 3D LiDAR sensor market in Asia-Pacific is expected to grow at the highest rate during the forecast period, owing to high investment in the consumer electronics and aerospace & defense sector. Moreover, economically developed nations tend to witness high penetration of 3D LiDAR sensor products in home automotive sector, which is projected to significantly contribute toward the growth of the market.
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According to a new report published by Allied Market Research, titled, “3D LiDAR Sensor Market By Type, Application, Connectivity, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030”, The global 3D LiDAR sensor market size was valued at $0.51 billion in 2020, and is projected to reach $2.30 billion by 2030, registering a CAGR of 14.5%. Asia-Pacific is expected to be the leading contributor toward the 3D LiDAR sensor market during the forecast period, followed by North America and Europe.
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The growth of the global 3D LiDAR sensor market is anticipated to be driven by factors such as ability of these 3D LiDAR sensors to capture a 3D image that has augmented their application in various industry verticals such as automotive, consumer electronics, & healthcare sectors, and rising penetration of image sensors in automobiles. In addition, growing demand for 3D LIDAR sensor for agricultural robots boosts the overall market growth. However, high manufacturing cost of these sensors acts as a major restraint of the global 3D LiDAR sensor industry. On the contrary, increasing application of 3D LiDAR sensor in defense and civil engineering field is expected to create lucrative opportunities for the global industry.
Prime determinants of growth:
The prominent factors that impact the 3D LiDAR sensor market growth are rising demand for 3D imaging and falling prices of drones. In addition, rapid development in autonomous vehicle technology drives the 3D LiDAR sensor market. However, lack of awareness among consumer restricts the market growth. On the contrary, increase in demand for these sensors in forestry & agriculture is expected to create lucrative opportunities for the market.
Report Coverage and Details:
Aspects
Details
By Type
Mechanical
Processor
Motor
Laser Diode
Photodiode
Solid State
Processor
Opto-Mechanical System
Laser Diode
Photodiode
By Application
Navigation Devices
Advanced Driver Assistance System [ADAS]
Corridor Mapping
Seismology
Security & Surveillance
Others
By Connectivity
Wired
Wireless
By End User
Consumer Electronics
Aerospace & Defense
Automotive
Transportation
Healthcare
Others
COVID-19 Scenario:
The outbreak of COVID-19 has significantly affected the electronics and semiconductor sector. Business and manufacturing units across various countries were closed, owing to increase in number of COVID-19 cases, and are expected to remain closed in 2021. Furthermore, partial or complete lockdown has disrupted global supply chain posing challenges for manufactures to reach customers.
3D LiDAR sensor is a compact and miniaturized device that is a vital part of a 3D mapping system. The device emits light from multiple angles to capture the shape of an object in three dimensions. It is widely used in automotive and mobility applications.
The growth of the global 3D LiDAR sensor market is anticipated to be driven by factors such as ability of these 3D LiDAR sensors to capture a 3D image that has augmented their application in various industry verticals such as automotive, consumer electronics, & healthcare sectors, and rising penetration of image sensors in automobiles. In addition, growing demand for 3D LIDAR sensor for agricultural robots boosts the overall market growth. However, high manufacturing cost of these sensors acts as a major restraint of the global 3D LiDAR sensor industry. On the contrary, increasing application of 3D LiDAR sensor in defense and civil engineering field is expected to create lucrative opportunities for the global industry.
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Leading Market Players:
Faro Technologies Inc.
GeoSLAM Ltd.
Infineon Technologies AG
Leddartech
Leica Geosystems AG
Raymetrics S.A.
Sick AG
Vaisala
Velodyne Lidar INC.
Mitsubishi Electric Corporation
The report provides a detailed analysis of these key players of the global 3D LiDAR sensor market. These players have adopted different strategies such as product development and product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Key Benefits for Stakeholders:
The transportation sector is projected to be the major application, followed by automotive.
Asia-Pacific and North America collectively accounted for more than 65% of the 3D LiDAR sensor market share in 2020.
India is anticipated to witness highest growth rate during the forecast period.
U.S. was the major shareholder in the North America 3D LiDAR sensor market, accounting for approximately 68% share in 2020.
By Region:
North America (U.S., Canada, and Mexico)
Europe (U.K., Germany, France, Italy, Spain, Russia, Netherlands, Belgium, Poland, and Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Thailand, Philippines, Indonesia, and Rest of Asia-Pacific)
LAMEA (Latin America, Middle East and Africa)
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Fiber Laser Market Analysis, Key Players, Industry Segments & Forecast to 2031
The global fibre laser market is anticipated to be valued US$ 3.1 billion in 2021, with a CAGR of 11.1% between 2021 and 2031.
Erbium, neodymium, ytterbium, praseodymium, thulium, dysprosium, and holmium are examples of rare earth elements found in fibre lasers. Previously, carbon dioxide or helium-neon were utilised in gas lasers. Solid state lasers built of neodymium-doped yttrium aluminium garnet, on the other hand, are used in a range of laser-related procedures. The advantages include ease of use, greater reliability, no maintenance, high stability, and integration possibilities.
Fibre lasers are used in medicine for hair removal, cosmetics, laser tattoo removal, skin conditions, dentistry, and aesthetic plastic surgery. According to the American Society for Aesthetic Plastic Surgery, liposuction and eyelid surgery account for more than half of total costs. Non-surgical procedures represent 44% of the market.
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Material processing makes use of high beam for cutting, welding, and etching. These days, fiber lasers are preferred in barcodes, traceable labels, scientific research, diamond industry, 3D printing, and semi-conductor industries. High power fiber laser is being used in metal cutting operations as an outcome of the unparalleled combination of productivity and precision with higher cost-effectiveness. Future Market Insights has enlisted these facts with insights in its latest market study entitled ‘Fiber Laser Market’.
Key Takeaways from Fiber Laser Market
North America is expected to witness a CAGR of 10.9% in the fiber laser market due to the US being a hub of automotives and consumer electronics.
Coming to Europe, Germany leads from the front due to an ever-increasing demand for ICs and semiconductors. It is also subject to fast adoption of compact laser cutting and welding machines. Also, as per Federal Motor Transport Authority, over 394,000 electric cars were registered in Germany in the year 2020 alone. Modern automotives are also seen using LiDAR system.
The Asia-Pacific is expected to grow at the fastest rate in the fiber laser market, led by Japan. The country is emphasizing on usage of fiber lasers to produce body panels.
Continuous wave fiber laser holds the largest market share and is expected to continue with its winning streak (~70%) in the near future.
“With flourishing material processing vertical, the global fiber laser market is bound to grow on an astonishing note in the near future”, says an analyst from Future Market Insights.
Competitive Landscape
IPG Photonics Corporation, in November 2018, announced releasing next generation high power lasers. They do come with multi-year service-free operation and claim to be having the least weight.
Videojet Technologies, in March 2021, tabled ‘Lightfoot’ fiber laser solution to facilitate high speed beverage canning. It does combine standard reliability on the part of videojet fiber laser and dual Lightfoot marking heads’ high speed for meeting every need pertaining to beverage production and canning.
LVD, in November 2020, came up with a novel large-format fiber laser cutting machine termed as ‘Taurus’, which is particularly designed to suffice extra-large sheet metal cutting capacity. In other words, machine is able to laser cut a broad range of parts, thereby optimizing usage of material and increasing productivity.
Coherent, in June 2020, tabled a novel 4000 w ‘Highlight FL4000CSM-ARM’ fiber laser conducive to automotive applications. The system paves the way for advanced welding capabilities to cater to tough metals and also aligns to the welding needs for energy storage, e-mobility, and general electric connections comprising dissimilar materials.
What does the Report Cover?
Future Market Insights offers an exclusive perspective and various real-time insights on the fiber laser market in its latest study, presenting historical demand assessment of 2016 – 2020 and projections for 2021 – 2031.
The research study is based on laser type (continuous wave lasers, pulsed lasers, and Quasi Continuous Wave Laser), by output power (low power (up to 100 W), medium power (100 – 2,000 W), and high power (more than 2,000 W)), and by application (cutting, welding & other high power applications, marking, fine & micro processing, communications and advanced applications, and medical).
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Key Segments Covered In Fiber laser Market Study:
By Laser Type:
Continuous Wave Lasers
Pulsed Lasers
Quasi Continuous Wave Laser
Output Power:
Low Power (Up to 100 Watts)
Medium Power (100W-2,000W)
High Power (More than 2,000 W)
Application:
Cutting
Welding & Other High Power Applications
Marking
Fine & Micro Processing
Communications and Advanced Applications
Medical
Region:
North America
Latin America
Europe
China
Asia Pacific
Middle East and Africa
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Gallium Nitride Device Market to See Huge Demand by Forecast to 2029
The global gallium nitride (Gan) device market is set to gain impetus from the high demand for fast chargers worldwide. This information is given by Fortune Business Insights™ in a new study, titled, “Gallium Nitride Device Market Size, Share & Industry Analysis, By Device Type (Opto-Semiconductor Device, Power Semiconductor Device, and RF Semiconductor Device), By Wafer Size (2-Inch Wafer, 4-Inch Wafer, and 6-Inch and Above Wafer), By Component (Transistor, Diode, Rectifier, Power IC, and Other), By Application (Light Detection & Ranging, Wireless and EV Charging, Radar and Satellite Radio Frequency, and Others), By End User (Aerospace, Defense, Healthcare, Renewables, Information and Communication Technology, and Others) and Regional Forecast, 2020-2027.” The study further mentions that the GaN device market size was USD 20.56 billion in 2019 and is projected to reach USD 28.40 billion by 2027, exhibiting a CAGR of 4.28% during the forecast period.
The gallium nitride (GaN) device market is a rapidly growing industry due to the many benefits of GaN technology over traditional silicon-based devices. GaN devices offer higher efficiency, smaller size, and greater power density. This has led to an increase in demand for GaN-based power electronics in various industries such as automotive, consumer electronics, and telecommunications. The market is expected to continue to grow in the coming years, driven by advancements in GaN technology and increasing demand for energy-efficient solutions.
Browse In-depth Summary of This Research Insight:
Drivers & Restraints-
Expansion of Telecommunications Domain to Accelerate Growth
The demand for energy efficient GaN devices is surging rapidly owing to the expansion of the telecommunications domain. Most of the internet service providers are nowadays focusing on providing lower latency with optical cable wires, ubiquitous connectivity, and network with higher capacity. Apart from that, the rising utilization of GaN devices in the 5G infrastructure is likely to propel the gallium nitride device market growth in the near future. However, the high cost associated with the maintenance and development of gallium nitride devices may hinder growth.
Segment-
Opto-semiconductor Device Segment to Grow Rapidly Backed by Increasing Usage in Lasers
Based on device type, the opto-semiconductor device segment procured the highest gallium nitride market share in 2019. This growth is attributable to their increasing usage in various aerospace applications, such as Light Detection and Ranging (LiDAR) and pulsed lasers. Besides, they are used in optoelectronics, LEDs, lasers, photodiodes, and solar cells.
Regional Insights-
High Demand for Wireless Devices to Favor Growth in Europe
Geographically, North America generated USD 7.38 billion in 2019 because of the presence of numerous prominent manufacturers, such as MACOM, Cree, Inc., Northrop Grumman Corporation, Efficient Power Conversion Corporation, Microsemi, and others in this region.
Europe, on the other hand, is anticipated to grow significantly on account of the rising demand for wireless devices in Germany, France, and the U.K. In Asia Pacific, the rising demand for gallium nitride devices from emerging nations, such as India and China would aid growth.
Competitive Landscape-
Key Companies Focus on Winning New Contracts to Intensify Competition
The global market for gallium nitride devices is highly fragmented with the presence of numerous reputed manufacturers. Most of them are focusing on achieving new contracts from significant governments, as well as private agencies to deliver their in-house products. Below are the two latest industry developments:
June 2020: Raytheon Missiles & Defense provided a contract worth USD 2.3 billion to the U.S. Missile Defense Agency (MDA). The latter will deliver seven GaN-based Army Navy/Transportable Radar Surveillance (AN/TPY-2) units. It is a part of the company’s Terminal High Altitude Area Defense (THAAD) system.
July 2019: Transphorm announced a new contract worth USD 18.5 million from the U.S. Department of Defense (DoD) Office of Naval Research (ONR). It includes a Base Program that is aimed at commercializing nitrogen polar GaN.
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Global Building Automation System Market Size, Share and Demand Forecast to 2028
The Global Building Automation System Market research report 2022-28 has been released with several updates and analysis of market trends, share, size, demand, growth, challenges, opportunities and pre and post COVID-19 impacts.
Key Highlights of the Global Building Automation System Market report
The projection period for this global market to grow is 2022-2028
The Global Building Automation System Market size is estimated to reach USD 155.5 billion by 2028.
The market is projected to grow at a 12% CAGR
Covid-19 analysis and its impact on the market
Industry ecosystem to competitive landscape’s curial role in growth role
Challenges and opportunities to get boost from recent developments and technology advancement
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Market segment analysis
The Global Building Automation System Market is segmented into these categories for this analysis: Product, System Type, Offerings, Communication Technology, Application and Geography. This segmentation allows executives to plan their products and spending based on the expected growth rates of each area: -
By Product Type (Hardware, Software, and Services)
By System Type (Security & Surveillance, HVAC, Lighting Solutions, and BEMS)
By Offerings (Facility Management Systems, Security & Access Controls, Fire Protection Systems, BEM Software, and BAS Services)
By Communication Technology (Wired Technology and Wireless Technology)
By Application (Commercial, Residential, and Industrial)
By Region (North America, Europe, Asia-Pacific (APAC), Rest of the World (RoW))
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The Global Building Automation System Market’s competitive viewpoint
This research is an invaluable resource for investors, shareholders, industry planners, and new and existing businesses trying to broaden their reach in the current Market scenario. While focusing on top companies and their corporate strategies, market presence, operating segmentation, aggressive outlook, geographical expansion, pricing and value structures, the study painstakingly takes into account the market analysis. The major market players are: -
Johnson Controls
Honeywell International Inc.
ABB
Siemens
Emerson Electric Co.
Schneider Electric
Carrier
Mitsubishi Electric Corporation
Bosch Sicherheitssysteme GmbH
Legrand
Reason to buy this report
The report is unbiased and it provides the deep insight of global market including competitive and geographical landscape.
The report enlightens the large patterns, causes, and impact factors globally and locally.
Insightful study drills-out the main players of the global market and, their sources of income, share of the market, and the current course of events.
It looks into significant developments such as extensions, agreements, new product launches, and acquisitions on the horizon.
Research the market's potential, preferred position, opportunity, difficulty, restrictions, and hazards on a global and regional level.
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Customized research report
Global market research company VynZ Research provides research, analytics, and consulting services for business plans. We offer clients specialized report services that take into account the main variables influencing the development of the worldwide Market. Feel free to call or drop your requirement to get the get customized research report.
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#Global Building Automation System Market#Global Building Automation System Market Scope#Global Building Automation System Market trend#Global Building Automation System Market demand
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Electric Vehicle Sensor Market is Poised to Achieve Continuing Growth During Forecast Period 2022-2030
The electric vehicle sensor market is poised to witness substantial growth over the forecast period. This is credited to the growing demand for automated transmission in passenger vehicles, which has increased the procurement of electric vehicle sensors.
Key players in the automotive sector are investing to expand the EV manufacturing ecosystem to gain a competitive advantage in the EV sensor industry.
For instance, in May 2022, Hyundai Motor Group inked an agreement with the State of Georgia for the construction of its first dedicated battery and full EV facilities in the United States. This investment decision was part of the firm's broader objective of broadening its presence in the U.S. electric mobility domain. Developments such as these may add impetus to electric vehicle sensor market expansion over the forecast spell.
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Additionally, battery management systems are being increasingly integrated with temperature sensors and current sensors to measure and monitor voltage, battery charge, and pack temperature, driving industry growth. The electric vehicle sensor market is bifurcated in terms of product, vehicle type, application, and region.
With respect to product, the industry is segmented into speed, pressure, radar, lidar, current sensor, positions, temperature, image, and others. Of these, the speed sensor segment is anticipated to reach more than 300 units by 2030.
Advancements in vehicle technology for passenger safety systems and automated driving are expected to promote the adoption of speed sensors. These EV sensors are integrated to transmit data to the systems that control the rotary speeds of wheels, crankshafts, and motors.
Furthermore, the other sensors segment is anticipated to reach over USD 500 million by 2030. Heart rate monitoring, blood pressure monitoring, allergen/pollen monitoring, and driver-drowsiness detection are some of the key functionalities propelling industry growth from this segment.
In terms of vehicle type, the market is bifurcated into commercial vehicles and passenger cars. The commercial vehicle segment was valued at more than USD 1 billion in 2021, driven by the growing demand for safe operation and transportation.
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Based on application, the electric vehicle sensor industry is segmented into FCEV, PHEV, BEV, and HEV. The PHEV segment registered a valuation of more than USD 1 billion in 2021. Growing concerns associated with climate change, and air quality in urban areas are anticipated to bolster the adoption of plug-in electric vehicles (PHEV). These vehicles, which are recharged using external electrical sources such as wall sockets, demonstrate strong potential to mitigate harmful emissions and fuel consumption for better population health.
Regionally, the Middle East & Africa electric vehicle sensor market is expected to reach more than 100 units by 2030. This growth can be accredited to increased government initiatives to attain green mobility by 2030.
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Scope and definition
1.2 Methodology & forecast parameters
1.3 COVID-19 impact
1.3.1 North America
1.3.2 Europe
1.3.3 Asia Pacific
1.3.4 Latin America
1.3.5 MEA
1.4 Data Sources
1.4.1 Secondary
1.4.1.1 Paid sources
1.4.1.2 Public sources
1.4.2 Primary
1.5 Industry Glossary
Chapter 2 Executive Summary
2.1 Electric vehicle sensor market 3600 snapshots, 2018-2030
2.2 Business trends
2.3 Regional trends
2.4 Product trends
2.5 Vehicle type trends
2.6 Application trends
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Military Laser Systems Market Overview | Forecast 2020-2027 | BAE Systems, Northrop Grumman Corporation, Safran Electronics & Defense
Military Laser Systems Market Report Information By Product Type (Laser Designator/Rangefinder, LiDAR, Laser Weapon, Pointers, Others), Technology (Fiber Laser, Chemical Laser, Diode Lasers, CO2 Laser, Semiconductor Laser, Solid-State Laser), By Application (Marking targets, Guiding munitions, Missile defense, Electro-optical countermeasures (EOCM), Blinding troops, Others) - Forecast to 2027
BAE Systems (UK), L3 Technologies (US), FLIR Systems Inc. (US), Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Elbit Systems Ltd (Israel), Safran Electronics & Defense (France), Saab AB (Sweden), Raytheon Company (US), and Thales Group (France) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global military laser systems market.
Military Laser Systems Market – Overview
The laser systems are expected to pave the way for next-gen weapon systems. The laser-based weapons could be used as a defense system for manned and unmanned aircrafts, to save it from heat-seeking missiles. The Defense Advanced Research Projects Agency (DARPA) in cooperation with Northrop Grumman and Lockheed Martin has been actively working towards the development of such systems. It aims to develop such laser weapons to defend the aircraft from EO/IR guided surface-to-air missiles. Ultimately, the goal is to develop a next-gen laser weapon system, that would be ten times lighter and more compact than the current high-power chemical laser systems, and which could be mounted on a pod to the manned aircraft and UAVs.
The government and research agencies, across the globe, are involved in the R&D activities for development of military laser systems. The R&D spending on such military laser systems has also been increasing which has helped the growth of the global military laser systems market. For example, in the US, the R&D activities are focused around many projects related to military applications such as rangefinders, infrared countermeasures, illuminators, and DEW researches. Similarly, the Horizon 2020 program in Europe (the European funding plan), also has a substantial amount of funding towards the 'photonics programs' which includes the lasers and is expected to fund more than US$137 million per year through 2020. The rise in terrorism and conflict has also increased the R&D efforts for such military laser systems and weapons.
Similarly, the Indian Ministry of Defense has regarded the development of advanced weapon and DEWs as a top priority for its roadmap till 2020-2025. India has been working on the development of such laser weapons and aims to make it accessible to fighter aircrafts, naval destroyers and submarines by 2025. It is also working on DEWs to improve anti-ballistic missile capability. India's LASTEC, a laboratory developing lasers and related technologies, belonging to the DRDO, has been working to develop such laser weapons for the Indian Armed Forces.
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Industry/ Innovation/ Related News:
March 2018 - Lockheed Martin Corporation signed a contract worth a USD 150 million, with the US Navy, for the development and delivery of two high power laser weapon systems, with ISR and counter-UAS capabilities, by 2020.
July 2018 – The UK Ministry of Defence (MOD) Britain signed a contract with a consortium of European firms, to develop a prototype laser weapon for its armed forces.
Military Laser Systems Market – Segmentation
The global military laser systems market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Product Type: Laser Designator/Rangefinder, LiDAR, Laser Weapon, Pointers, Others.
Segmentation by Technology: Fiber Laser, Chemical Laser, Diode Lasers, CO2 Laser, Semiconductor Laser, Solid-State Laser.
Segmentation by Application: Marking targets, Guiding munitions, Missile defense, Electro-optical countermeasures (EOCM), Blinding troops, Others.
Segmentation by Regions: North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Military Laser Systems Market: Regional Analysis
The global military laser systems market has been segmented into North America, Asia Pacific, Middle East & Africa, Europe, and Latin America. North America leads in global military expenditure and technological advancements, and thus, generates very high demand for military laser systems, across the globe. Although, Canada makes some investments in the development of such advanced systems, yet the market is primarily dominated by the US. The region accounted for the largest share in the global market in 2017, primarily due to the presence of major manufacturers such as Lockheed Martin and Northrop Grumman. Likewise, the Middle East & Africa is an emerging defense market in the world, with Saudi Arabia leading the region’s military expenses. According to SIPRI, Saudi Arabia and the UAE collectively contributed over 5% of global military expenditure in 2017, and it is anticipated that the defense expenditure would rise fourfold in the coming years. The military laser systems market is growing in the Middle East, and it can be attributed to the increase in deployment of the regional armed troops in the war against terrorism. In addition, the changing landscape of war over the years is also one of the major factors driving the market.
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Military Laser Systems market by Type (Aluminum Tripods, Carbon Fiber Tripods, Others)
Market Overview
The laser systems are expected to pave the way for next-gen weapon systems. The laser-based weapons could be used as a defense system for manned and unmanned aircrafts, to save it from heat-seeking missiles. The Defense Advanced Research Projects Agency (DARPA) in cooperation with Northrop Grumman and Lockheed Martin has been actively working towards the development of such systems. It aims to develop such laser weapons to defend the aircraft from EO/IR guided surface-to-air missiles. Ultimately, the goal is to develop a next-gen laser weapon system, that would be ten times lighter and more compact than the current high-power chemical laser systems, and which could be mounted on a pod to the manned aircraft and UAVs.
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Competitive Landscape
The major key players in the Military Laser Systems market are
BAE Systems (UK)
Elbit Systems Ltd (Israel)
L3 Technologies (US),
FLIR Systems Inc. (US)
Lockheed Martin Corporation (US)
Northrop Grumman Corporation (US)
Safran Electronics & Defense (France)
Saab AB (Sweden)
Market Segmentation
Segmentation by Product Type: Laser Designator/Rangefinder, LiDAR, Laser Weapon, Pointers, Others.
Segmentation by Technology: Fiber Laser, Chemical Laser, Diode Lasers, CO2 Laser, Semiconductor Laser, Solid-State Laser.
Segmentation by Application: Marking targets, Guiding munitions, Missile defense, Electro-optical countermeasures (EOCM), Blinding troops, Others.
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Regional Analysis
The global Military Laser Systems market has been segmented into North America, Asia Pacific, Middle East & Africa, Europe, and Latin America. North America leads in global military expenditure and technological advancements, and thus, generates very high demand for military laser systems, across the globe. Although, Canada makes some investments in the development of such advanced systems, yet the market is primarily dominated by the US. The region accounted for the largest share in the global market in 2017.
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Service Robotics Market Growing Popularity and Emerging Trends: 2022
The trend of automation has gained significant traction and has contributed to the expansion of service robotics. Reports that evaluate the semiconductors and electronics industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is anticipated to achieve USD 20 Billion while progressing at a 15% CAGR in the forecast period.
The expansion of the e-commerce sector globally is expected to motivate the growth of the service robotics market. Moreover, the e-commerce sector is expected to continue its upward growth curve and will thus be crucial to the growth of service robotics. The improvements in AI, advanced sensor technology, Lidar/Radar and GPS are predicted to create viable opportunities for growth in the service robotics market in the approaching period.
Segmental Analysis
The segmentation of the service robotics market is carried out on the basis of type, end-user, and region. On the basis of type, the service robotics market is segmented into domestic and professional. Based on end-users, the service robotics market is segmented into construction, defense, healthcare, electronics, transportation, automotive, supply & logistics, media & entertainment. The regions included in the service robotics market are Asia Pacific, North America, Europe and the rest of the world.
Detailed Regional Analysis
The regional study of the service robotics market comprises of regions such as Asia Pacific, North America, Europe and the rest of the world. The current global trend towards robotics is being replicated in an increase in the number of service robots in the US. The analysis indicates that the North American region is controlling the service robotics market and is shadowed by the European region. The study also reveals that the North American and European region would demonstrate simultaneous growth that would dominate the service robotics market in the forecast period. This primarily due to factors such as an augmented demand of service robots by the medical, defense, construction sectors and an inclination towards automation. The review also observes that the Asia Pacific region would be the fastest increasing region in the service robotics market in the forecast period.
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Competitive Analysis
The market is projected to accomplish an absolute lead in the market place owing to improved strategies in specific areas. The absorbed expenses in the market are readily dispensed with, opening more room for the development in the market. The companies functioning in the market are persistently taking on the hindrances to progress and are forming strategies that are projected to guide to a beneficial outcome on the market's advancement. The advancement of the market is upgraded chiefly due to the reduction in promotional and miscellaneous expenses. An intensified growth pace is observed due to the productive effect exerted by the market forces both externally and internally. The progress capability of the market is bolstered by the accretive nature of the assets available in the market. Additionally, the deals being coined in the market are likely to additionally inspire the development of the market in the impending years.
The leading competitors in the service robotics market are Honda Motor Co. Ltd. (Japan), Adept Technology, Inc. (U.S.), KUKA AG (Germany), iRobot Corporation (U.S.), GeckoSystems Intl. Corp. (U.S.), Kongsberg Maritime AS (Norway), DJI (China), Intuitive Surgical, Inc. (U.S.), Grumman Corporation (U.S.), Fujitsu Frontech Limited (Japan), Parrot SA (France), LG Electronics Inc. (South Korea), Samsung Electronics Co., Ltd. (South Korea) among others
Industry Updates:
Feb 2019 CloudMinds Technology, a Chinese startup which is a developer of robotic solutions and cloud artificial intelligence, recently launched the XR-1 humanoid service robot. The highly intelligent service-oriented humanoid robot signifies a new level of technology growth and commercialization in the zone of intelligent robotics. It’s driven by two innovative technologies called Smart Compliant Actuators (SCAs) and Human Augmented Robotic Intelligence with Extreme Reality (HARIX).
Table of Content:
1 MARKET INTRODUCTION
1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE 2 RESEARCH METHODOLOGY
2.1 RESEARCH NETWORK SOLUTION
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION 3 MARKET DYNAMICS
3.1 INTRODUCTION
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
3.5 MARKET RESTRAINTS 4 EXECUTIVE SUMMARY 5. MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES ANALYSIS
5.2 SUPPLY CHAIN ANALYSIS 6 SERVICE ROBOTICS MARKET, BY SEGMENTS
6.1 INTRODUCTION
6.2 MARKET STATISTICS
6.2.1 BY TYPE
6.2.1.1 DOMESTIC
6.2.1.2 PROFESSIONAL
6.2.2 BY END-USER
6.2.2.1 HEALTHCARE
6.2.2.2 AUTOMOTIVE
6.2.2.3 CONSTRUCTION
6.2.2.4 DEFENSE
6.2.2.4 MEDIA & ENTERTAINMENT
6.2.2.4 OTHERS
6.2.3 BY GEOGRAPHY
6.2.3.1 NORTH AMERICA
6.2.3.2 EUROPE
6.2.3.3 ASIA-PACIFIC
6.2.3.4 REST OF THE WORLD 7 COMPETITIVE ANALYSIS
7.1 MARKET SHARE ANALYSIS
7.2 COMPANY PROFILES
7.2.1 GECKOSYSTEMS INTL. CORP. (U.S.)
7.2.2 HONDA MOTOR CO. LTD. (JAPAN)
7.2.3 ADEPT TECHNOLOGY, INC. (U.S.)
7.2.4 KUKA AG (GERMANY)
7.2.5 IROBOT CORPORATION (U.S.)
7.2.6 KONGSBERG MARITIME AS (NORWAY)
7.2.7 DJI (CHINA)
7.2.8 INTUITIVE SURGICAL, INC. (U.S.)
7.2.9 GRUMMAN CORPORATION (U.S.)
7.2.10 OTHERS
LIST OF TABLES TABLE 1 SERVICE ROBOTICS TYPES MARKET, BY TYPE
TABLE 2 SERVICE ROBOTICS TYPES MARKET, BY END-USER
TABLE 3 SERVICE ROBOTICS TYPES MARKET, BY REGIONS
TABLE 4 NORTH AMERICA LTE MARKET, BY TYPE
TABLE 5 NORTH AMERICA SERVICE ROBOTICS TYPES MARKET, BY END-USER
TABLE 6 U.S. SERVICE ROBOTICS TYPES MARKET, BY TYPE
TABLE 7 U.S. SERVICE ROBOTICS TYPES MARKET, BY END-USER
TABLE 8 CANADA SERVICE ROBOTICS TYPES MARKET, BY TYPE
TABLE 9 CANADA SERVICE ROBOTICS TYPES MARKET, BY END-USER
TABLE 10 EUROPE SERVICE ROBOTICS TYPES MARKET, BY TYPE
TABLE 11 EUROPE SERVICE ROBOTICS TYPES MARKET, BY END-USER
TABLE 12 GERMANY SERVICE ROBOTICS TYPES MARKET, BY TYPE
TABLE 13 GERMANY SERVICE ROBOTICS TYPES MARKET, BY END-USER
TABLE 14 FRANCE SERVICE ROBOTICS TYPES MARKET, BY TYPE
TABLE 15 FRANCE SERVICE ROBOTICS TYPES MARKET, BY END-USER
TABLE 16 U.K. SERVICE ROBOTICS TYPES MARKET, BY TYPE
TABLE 17 U.K. SERVICE ROBOTICS TYPES MARKET, BY END-USER
TABLE 18 REST OF EUROPE SERVICE ROBOTICS TYPES MARKET, BY TYPE
TABLE 19 REST OF EUROPE CHIP ON FLEX MARKET, BY END-USER
TABLE 20 ASIA-PACIFIC SERVICE ROBOTICS TYPES MARKET, BY TYPE
TABLE 21 ASIA-PACIFIC SERVICE ROBOTICS TYPES MARKET, BY END-USER
TABLE 22 MIDDLE EAST & AFRICA SERVICE ROBOTICS TYPES MARKET, BY TYPE
TABLE 23 MIDDLE EAST & AFRICA SERVICE ROBOTICS TYPES MARKET, BY END-USER
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Gallium Nitride Market Manufacturers, Type, Application, Regions and Forecast to 2027
The Global Gallium Nitride Market is estimated to grow at a significant growth rate in the coming years, bolstered by the increasing demand for the industry in the global market. The technological details of the Gallium Nitride market offer insightful data to the businesses and new players to help them achieve their business goals and reach the desired production capacity by capitalizing on the growth prospects of the market. The global Gallium Nitride market has been formulated to offer descriptive profiles of the leading companies, pricing analysis, gross revenue, sales network and distribution channel, and market position to offer readers a comprehensive overview of the Gallium Nitride industry. The report also covers the analysis of the growth prospects in the global Gallium Nitride market.
Following the footsteps of aftermarket companies such as Anker, Belkin, AUKEY, and RAVpower, OEMs such as Samsung, Lenovo, and Oppo have started using gallium nitride for fast chargers’ mass production. Gallium nitride offers a thousand times more speed over silicon, giving the advantage of three times faster charging in weight and size, which is around half of the silicon-based chargers.
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The report concludes with a panoramic view of the global Gallium Nitride industry, which comprises the salient global and regional market aspects, supported by key statistical data and industry-verified facts. It thoroughly examines the market size, share, and volume existing throughout the historical years (2017-2019) in order to forecast the same for the projected years (2020-2027). Furthermore, the report studies a wide array of growth prospects and threats and challenges that are poised to influence the performance of the key market players in the near future.
Market Segmentation by Key Player:
DOWA Electronics Materials Co. Ltd., Cree Inc., American Elements, Furukawa Co. Ltd., Mitsubishi Chemical Corporation, Kyma Technologies Inc., Soitec, IQE PLC, Infineon Technologies, and Nitride Semiconductors Co. Ltd., among others.
The Gallium Nitride market report offers an extensive overview of the global Gallium Nitride market value chain, current market standing, as well as future estimation of the market value in terms of product type, application landscape, and geography. It further studies the competitive terrain of the Gallium Nitride industry, listing the key vendors, their product portfolios, company profiles, and potential growth prospects. The report further evaluates the ongoing market trends and a broad segmentation and sub-segmentation of the market on both regional and global scales.
Substrate Type Outlook (Revenue, USD Billion; 2017-2027)
GaN-on-SiC
GaN-on-Si
GaN-on-Sapphire
Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Online
Offline
Application Outlook (Revenue, USD Billion; 2017-2027)
Radio Frequency Devices
Power Electronics
Optoelectronics
Wireless Infrastructure
Satellite Communication
Military & Defense
Others
Power Supply
Electric Vehicle
LiDAR
Servers & Data Centers
Wireless Power
Solar Photovoltaic Technology
Envelope Tracking
Others
LED
LASER
Others
Key geographical regions analyzed in the report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key points covered in the report:
The report provides the reader with a detailed study of the global Gallium Nitride market, including essential data beneficial for business.
The prominent factors driving and restraining market growth, latest product trends, and technological advancements have been extensively discussed by the authors of the report.
A broad market categorization, based on product type, application gamut, and end-user landscape, has been included in the report.
It further entails the latest product development, incorporation of new techniques, and profiles of major competitors in the market.
Highlights of the Table of Contents:
Report Overview 1.1 Research Scope 1.2 Key Gallium Nitride market segments 1.3 Major players 1.4 Market analysis by product type 1.5 Market analysis by application 1.6 Report timeline
Global Growth Trends 2.1 Global Gallium Nitride market size 2.2 Latest trends of the Gallium Nitride market by region 2.3 Key growth trends
Competitive Outlook 3.1 Global Gallium Nitride market key players 3.2 Global Gallium Nitride size by manufacturers 3.3 Products of major players 3.4 Entry barriers in the Gallium Nitride market 3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Gallium Nitride Market by product type
4.1 Global Gallium Nitride Sales by Product
4.2 Global Gallium Nitride by Product Revenue
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Advanced Driver Assistance Systems (ADAS) Market To Demonstrate Massive Growth With A CAGR of 19.0% By 2025
Global Advanced Driver Assistance Systems (ADAS) Market is expected to reach USD 67.43 billion by 2025. Advance Driver Assistance Systems (ADAS) implies a set of systems used in vehicles to offer a comfortable and an intelligent driving involvement. Rise in demand for progressive system as night vision, road sign recognition, drowsiness system is projected to influence the overall manufacturing in the forecast period. The Advanced Driver Assistance Systems market size is expected to grow at a 19.0% CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.
The demand for old-style ADAS system as autonomous emergency braking, adaptive cruise control system is projected to develop exponentially due to stringent rules to improve road safety and decrease in road accidents. In addition, the factors propelling the market include impending need for comfort, growing focus on consumer safety, and increase in governments’ rules that ensure the security of the ADAS market development. On the other hand, the lack of consciousness among medium and low-end customers, high cost of installation concerning the functionality and importance of these organizations in improving driver safety could restrain the Advanced Driver Assistance Systems (ADAS) development of late.
Advanced Driver Assistance Systems (ADAS) Market size may be explored by solution type, component type, interior design, and geography. Advanced Driver Assistance Systems (ADAS) may be explored by solution type as Autonomous Emergency Braking, Park assistance, Adaptive Front Lights, Blind Spot Detection System, Adaptive Cruise Control, Tire Pressure Monitoring System, Lane Departure Warning System, Others.
The Tire Pressure Monitoring System segment is estimated to rule the Advanced Driver Assistance Systems market in 2018; due to its low cost, which permits aftermarket acceptance by medium and small car owners. Furthermore, Tire Pressure Monitoring system is followed by adaptive cruise control and anticipated to grow at a highest CAGR of 19.0% over the forthcoming period, due to stringent government rules for required fixture in cars manufactured in Europe and U.S.
Advanced Driver Assistance Systems (ADAS) may be explored by component type as Sensors, (Radar, Ultrasonic, LiDAR, Others), Processor, Software, Others. ADAS relies on sensors and their accuracy. Numerous sensors as LIDAR, RADAR, ultrasonic, and camera sensors operate together in direction to achieve desired assistance and safety function. Among various sensor categories, Lidar sensors are anticipated to increase high traction due to its crucial position in mechanization of vehicles.
In addition, the ADAS processors are expected to witness high development over the forecast period. The development can be ascribed to the composite procedures of the ADAS functionality. Corporations such as Intel company are working on the ECU alliance in order to lessen the amount of ECU mainly used for each purpose distinctly. Advanced Driver Assistance Systems (ADAS) may be explored by Interior design as Commercial vehicle, Passenger car, Heavy commercial vehicle, Light commercial vehicle.
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North America has been at the forefront with regards to Advanced Driver Assistance Systems (ADAS) Market share and will continue to rule the roost in the years to come. North America ruled the overall advanced driver assistance system with 34% share in 2016; followed by Asia-Pacific.
In addition, increase in demand for progressive driver protection organizations in the developing countries as India due to high rate of road accidents and growing sales of high-end cars would drive the APAC’s Advanced Driver Assistance Systems market in the years to come. European region is anticipated to observe small fall in share, due to marketplace saturation with the existing Advanced Driver Assistance systems functionalities.
Some of the key players that fuel the growth of the Advanced Driver Assistance Systems (ADAS) Industry size include Renesas Electronics Corporation, Magna International Inc., Autoliv Inc., Robert Bosch GmbH, Texas Instruments, Valeo, Denso Corporation, Panasonic Corporation, NXP Semiconductor, and Continental AG. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
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Global LIDAR Market
Global LIDAR Market: Industry Perspective, COVID-19 Impact Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2030
Global LiDAR market is estimated 848.64 million USD in 2020 and is anticipated to reach 5254.5701 million USD by 2030 to grow at a CAGR of 20% during the forecast period owing to its applications in meteorology, cartography, urban planning, and exploration, driverless cars, advanced driver assistance systems, engineering, and corridor mapping.Electronic devices & semiconductors are critical technological enablers that power a large number of today's cutting-edge digital gadgets. Mobile devices, communications equipment, information technology, office automation (IT & OA), industrial machinery, cars, and a variety of other end-use sectors all have computer applications in some form or another, necessitating increased need for semiconductors.Emerging technologies like as autonomous driving, artificial intelligence (AI), 5G, and the Internet of Things, together with steady R&D expenditure and rivalry among important companies, are expected to propel the global semiconductor industry forwards far into the next decade.With the Covid-19 epidemic driving increased demand for electronic gadgets, the world's electronics and semiconductor industries predict a bright future.
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Market Dynamics and Factors:
The use of safety-related electronics technologies in the automobile industry has exploded. A spike in demand for different semiconductor devices in automobiles, such as microcontrollers (MCUs), sensors, and memory, would help automotive semiconductor providers. In the coming decade, more semiconductor content will be added to automobile electronics and subsystems due to automation, electrification, digital connection, and security. The major driver of semiconductor growth in consumer electronics will be head-mounted displays. Wearable devices and smart watches will also be new areas of growth. Other consumer electronics markets, such as DVD and portable media players, will, nevertheless, experience significant decreases. As a result, the total growth in consumer electronics revenue will be modest.
Market Segmentation:
On the basis of product, the global LiDAR market is classified into airborne, unmanned aerial vehicle, and terrestrial. On the basis of components, LiDAR market is categorized into laser scanner, GPS receiver, inertial measurement unit, high precision clock, and others. By application, the market is grouped into corridor mapping, coastal, forestry, defense & aerospace, flood mapping, transportation, transmission lines, infrastructure, driverless cars, exploration & meteorology, and cartography. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.
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Geographic Analysis:
On a regional basis,the North American consumer electronics industry is expected to develop steadily because of the large number of internet users and the early adoption of smart household electric equipment & IOT Technology. The presence of important industry leaders like Apple, Google, Amazon, and General Electric, as well as significant expenditures in R&D operations by numerous market participants, may be credited to the region's success.
The consumer electronics sector in Europe has developed, and it is backed by a high-tech connection environment. The trend of smart workplaces and smart homes is increasing demand for consumer electronics goods such as smart TVs, smart refrigerators, smart air conditioners, and more as technology advances.The Asia Pacific area will continue to be the world's largest consumer of semiconductors. The primary contributing component will be a growing share of Chinese items, which is boosting the expansion of the whole Asia Pacific market. Additional mergers and acquisitions will help the semiconductor industry develop in the future.
MEA Electronics & Semiconductor market will observe promising growth.Despite growing pressure from low oil prices and rising global economic uncertainty, MEA's retail sales activity continues to expand, according to the research. Solid fundamentals, including growing population and earnings, as well as a continuous stream of tourists to the emirate, are credited with the emirate's resiliency.
Competitive Analysis:
The major key players in global LIDAR market are
Hexagon AB,
Trimble Inc.,
Riegl Laser Measurement Systems GMBH,
Faro Technologies,
Geokno India Pvt. Ltd,
Teledyne Technologies,
Inc,
YellowScan,
Quantum Spatial,
Inc,
Sick AG,
Velodyne LiDAR,
Optech Incorporated,
Quanergy LiDAR,
Leica Geosystems,
DENSO Corporation,
Neptec Technologies Corp.
How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global LIDAR industry, although key threats, opportunities and disruptive technologies that could shape the Global LIDAR Market supply and demand.
The report tracks the leading market players that will shape and impact the Global LIDAR Market most.
The data analysis present in the Global LIDAR Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global LIDAR Market business.
The 2021 Annual Global LIDAR Market offers:
100+ charts exploring and analysing the Global LIDAR Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global LIDAR Market type
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Global Advanced Driver Assistance Systems Industry Situation, Outlook Analysis and Prospects Research Report by 2025
The Advanced Driver Assistance Systems (ADAS) Market is expected to reach USD 67.43 billion by 2025. Advance Driver Assistance Systems (ADAS) implies a set of systems used in vehicles to offer a comfortable and an intelligent driving involvement. Rise in demand for progressive system as night vision, road sign recognition, drowsiness system is projected to influence the overall manufacturing in the forecast period. The Advanced Driver Assistance Systems market size is expected to grow at a 19.0% CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.
The demand for old-style ADAS system as autonomous emergency braking, adaptive cruise control system is projected to develop exponentially due to stringent rules to improve road safety and decrease in road accidents. In addition, the factors propelling the market include impending need for comfort, growing focus on consumer safety, and increase in governments’ rules that ensure the security of the ADAS market development. On the other hand, the lack of consciousness among medium and low-end customers, high cost of installation concerning the functionality and importance of these organizations in improving driver safety could restrain the Advanced Driver Assistance Systems (ADAS) development of late.
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Advanced Driver Assistance Systems (ADAS) Market size may be explored by solution type, component type, interior design, and geography. Advanced Driver Assistance Systems (ADAS) may be explored by solution type as Autonomous Emergency Braking, Park assistance, Adaptive Front Lights, Blind Spot Detection System, Adaptive Cruise Control, Tire Pressure Monitoring System, Lane Departure Warning System, Others.
The Tire Pressure Monitoring System segment is estimated to rule the Advanced Driver Assistance Systems market in 2018; due to its low cost, which permits aftermarket acceptance by medium and small car owners. Furthermore, Tire Pressure Monitoring system is followed by adaptive cruise control and anticipated to grow at a highest CAGR of 19.0% over the forthcoming period, due to stringent government rules for required fixture in cars manufactured in Europe and U.S.
Advanced Driver Assistance Systems (ADAS) may be explored by component type as Sensors, (Radar, Ultrasonic, LiDAR, Others), Processor, Software, Others. ADAS relies on sensors and their accuracy. Numerous sensors as LIDAR, RADAR, ultrasonic, and camera sensors operate together in direction to achieve desired assistance and safety function. Among various sensor categories, Lidar sensors are anticipated to increase high traction due to its crucial position in mechanization of vehicles.
In addition, the ADAS processors are expected to witness high development over the forecast period. The development can be ascribed to the composite procedures of the ADAS functionality. Corporations such as Intel company are working on the ECU alliance in order to lessen the amount of ECU mainly used for each purpose distinctly. Advanced Driver Assistance Systems (ADAS) may be explored by Interior design as Commercial vehicle, Passenger car, Heavy commercial vehicle, Light commercial vehicle.
North America has been at the forefront with regards to Advanced Driver Assistance Systems (ADAS) Market share and will continue to rule the roost in the years to come. North America ruled the overall advanced driver assistance system with 34% share in 2016; followed by Asia-Pacific.
In addition, increase in demand for progressive driver protection organizations in the developing countries as India due to high rate of road accidents and growing sales of high-end cars would drive the APAC’s Advanced Driver Assistance Systems market in the years to come. European region is anticipated to observe small fall in share, due to marketplace saturation with the existing Advanced Driver Assistance systems functionalities.
Some of the key players that fuel the growth of the Advanced Driver Assistance Systems (ADAS) Industry size include Renesas Electronics Corporation, Magna International Inc., Autoliv Inc., Robert Bosch GmbH, Texas Instruments, Valeo, Denso Corporation, Panasonic Corporation, NXP Semiconductor, and Continental AG. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
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#Advanced Driver Assistance Systems Market#ADAS Industry#Advanced Driver Assistance Systems (ADAS) Market Growth#Advanced Driver Assistance Systems Market Analysis#ADAS Market Size#Advanced Driver Assistance Systems (ADAS) Market Share#Advanced Driver Assistance Systems Market Report#ADAS Market Research#Advanced Driver Assistance Systems (ADAS) Industry Outlook#Advanced Driver Assistance Systems Market Segmentation#ADAS Industry Trends
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V2X in Automotive Market to Grow at 15.82% CAGR in Value Terms by 2026 – TechSci Research
Growing adoption of connected cars is to drive the global V2X in automotive market through 2026.
According to TechSci Research report “Global V2X in Automotive Market
By Communication Type (V2C, V2G, V2P, V2I, V2V, V2D), By Connectivity Type (DSRC Connectivity and Cellular Connectivity), By Offering Type (Hardware and Software), By Technology Type (Emergency Vehicle Notification, Automated Driver Assistance, Passenger Information System, Line of Sight and Others), By Propulsion Type (ICE Vehicles and Electric Vehicles), By Company and By Region, Forecast & Opportunities, 2026”
, the global V2X in automotive market is estimated to reach around a total market value of USD1.98 billion by 2026.
V2X stands for Vehicle-to-Everything (V2X) technology which enables the automotive vehicles to interact virtually with everything moving in surrounding environment. It is a vehicular communication approach that supports the transmission of information from a vehicle to moving parts of the traffic system that can affect the movement of the vehicle. The aim behind installing a Vehicle-to-Everything technology in a vehicle is to improve road safety, energy reduction, and to increase traffic efficiency on the roads. By coupling a vehicle to its surroundings, Vehicle-to-Everything (V2X) technology can transform mobility. With increased awareness of every nearby vehicle, including those that lie out of sight, the V2X enabled vehicles can actively reduce the chances of accidents and enhance traffic flow. According to an article published by the US Department of Transportation in October 2019, a total of 36,560 lives were lost on U.S. roads in 2018. ITS America in an article claims that Vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I) and vehicle-to-pedestrian (V2P) communications can reduce 80% road crashes, can increase road capacity by 40% and can reduce fuel emissions by 10%. Due to the above-mentioned factors, growing number of automakers are increasingly adopting the Vehicle-to-Everything (V2X) technology in their manufactured vehicle, growing the demand for connected car services. Moreover, outpouring in demand for connectivity solutions, rise in demand for an enhanced driving experience, and introduction of Internet of Things (IoT) in the automotive industry are the key factors that contribute towards the adoption of the connected cars. Due to the growing demand for Vehicle-to-Everything (V2X) technology, companies operating in connected car technologies are increasingly growing their product portfolio. For instance, in January 2017, Altran, a global design and engineering company, unveiled Strata V2X connectivity framework at the International Consumer Electronics Show (CES) in Las Vegas.
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Global V2X in automotive market is segmented based on communication type, connectivity type, offering type, technology type, propulsion type, company and region. V2C stands for Vehicle-to-Cloud, V2G for Vehicle-to-Grid, V2P for Vehicle-to-Pedestrian, V2I for Vehicle-to-Infrastructure, V2V for Vehicle-to-Vehicle, V2D for Vehicle-to-Device. Based on communication type, the global V2X in automotive market is dominated by Vehicle-to-Vehicle (V2V) technology. The high market share of V2V technology can be attributed to the reason that V2V technology majorly decides the road safety.
Based on connectivity type, the global V2X in automotive market is segmented into DSRC Connectivity and Cellular Connectivity. Traditional Dedicated Short-Range Communication (DSRC) based V2X technology was used in majority of vehicles, but after cooperation of 5G cellular connectivity, cellular vehicle-to-everything (C-V2X) technologies are being increasingly adopted for connected car mobility. As a result, cellular vehicle-to-everything (C-V2X) is leading the global V2X in automotive market in the year 2020. Due to the growing acceptance of 5G cellular connectivity, cellular vehicle-to-everything (C-V2X) is anticipated to maintain their dominance over the next five years as well.
The lockdown imposed to contain the spread of virus has disrupted the supply chain for the automotive industry, negatively influencing the V2X market. As different vehicle parts are manufactured and assembled in different regions, the lockdown and international trade restrictions due to closed borders, increased the shortage of required vehicle parts and limited the supply. Moreover, companies adopted just-in-time production strategy due to tight budget which further makes the supply chain vulnerable to disruptions. China is the largest producer of automobiles among all other countries and therefore lockdown in China has resulted in supply shortages for assembly of all OEMs in North America, Europe, and Asia. Nevertheless, the market is showing positive signs of recovery, because of which the global V2X in automotive market is expected to recover from the COVID-19 impact in around three years.
Some of the major players operating in the global V2X in automotive market are Robert Bosch GmbH, Continental AG, NXP Semiconductors N.V., Infineon Technologies AG, DENSO Corporation. Apart from these companies, other companies like Qualcomm Technologies, Inc., HARMAN International (Samsung Electronics Co. Ltd.), etc. are also increasing their marketing activities and enriching their product portfolios to increase their customer outreach.
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“In 2020, Asia Pacific accounted for the largest share, i.e., 42.52% in the global V2X in automotive market. The region is expected to maintain its dominance over the next five years as well. Asia Pacific is one of the leading V2X technology manufacturing regions in the world. Increasing adoption of connected cars and growing sales of passenger cars is boosting demand for V2X enabled vehicles in the world.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global V2X in Automotive Market By Communication Type (V2C, V2G, V2P, V2I, V2V, V2D), By Connectivity Type (DSRC Connectivity and Cellular Connectivity), By Offering Type (Hardware and Software), By Technology Type (Emergency Vehicle Notification, Automated Driver Assistance, Passenger Information System, Line of Sight and Others), By Propulsion Type (ICE Vehicles and Electric Vehicles), By Company and By Region, Forecast & Opportunities, 2026” , has evaluated the future growth potential of the global V2X in automotive market and provides statistics and information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global V2X in automotive Market.
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Global ADAS Market, By Vehicle Type (Passenger Cars and Commercial Vehicles), By Sensor Technology (Image Sensor, Radar Sensor, Ultrasonic Sensor, Lidar Sensor and Infrared Sensor), By Type (ACC, HUD, TPMS, LDWS, Detection, Road Sign Recognition, Blind Spot Detection, Adaptive Front Lights, and Others), By Company and By Geography, Forecast & Opportunities, 2026.
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Global Automotive 3D Imaging Market Drivers, growth in business and Restraints Forecast 2021-2027
This Report Represents the worldwide Automotive 3D Imaging market size (value, consumption, and production), splits the breakdown (data status 2014-2020 and forecast to 2027), by manufacturers, region, type, and application. This study also analyzes the market status, future trends, market drivers, market share, growth rate, opportunities and challenges, sales channels, distributors, risks and entry barriers, and Porter’s Five Forces Analysis which also includes coronavirus updates. It also has an In-depth analysis of the industry’s competitive landscape, restraints, detailed information about different drivers, and global opportunities. Key competitors included in Global Automotive 3D Imaging Market are Continental, Leddartech, Quanergy Systems, Velodyne LiDAR, Novariant, Denso, Phantom Intelligence, Teledyne Optech, Valeo, Omnivision Technologies.
The report covers key strategic Points Regarding developments of the market including acquisitions & mergers, agreements, partnerships, new type launches, research & development, collaborations & joint ventures, regional expansion of major participants involved in the Automotive 3D Imaging market on a global and regional basis. This Automotive 3D Imaging Market Report covers global, regional, and country-level market size, market shares, market growth rate analysis (include Reseaon of highest and lowest peak Market analysis), product launches, recent trend, the impact of covid19 on worldwide or regional Automotive 3D Imaging Market. Both top-down and bottom-up approaches have been used to estimate and validate the market size of the Automotive 3D Imaging market, to estimate the Automotive 3D Imaging size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares split, and breakdowns have been determined using secondary sources and Basic primary sources
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A brief introduction to the research report and Overview of the market
Syndicate Market Research methodology
Graphical introduction of global as well as the regional analysis
Selected illustrations of market insights and trends.
Know top key players in the market with their revenue analysis
Example pages from the report
The study objectives of Global Automotive 3D Imaging Market are:
To split the breakdown data by regions, type, manufacturers, and applications.
To identify significant trends, drivers, influence factors in global and regions.
To analyze and research the global Automotive 3D Imaging status and future forecast, involving, production, revenue, consumption, historical, and forecast.
To analyze the global and key regions’ market potential and advantage, opportunity, and challenge, restraints, and risks.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To present the key Automotive 3D Imaging manufacturers, production, revenue, market share, and recent development.
Global Automotive 3D Imaging market report presentation has been estimated at length and according to expert analysis, is anticipated to entail an impressive growth of xx million USD in 2021 and is projected to further reach a total growth estimation of xx million USD through the forecast till 2027, growing at a CAGR of xx%, and you get accurate CAGR according to Automotive 3D Imaging market size which actual exist
Scope of Report:
Automotive 3D Imaging Market 2021 global industry research report is a professional and in-depth study on the market size, growth, share, trends, as well as industry analysis. The report begins with an overview of the industry chain structure and describes the upstream. In addition, the report introduces a market competition overview among the major companies and company profiles, besides, market price and channel features are covered in the report. Also, the report analyses market size and forecast in different geographies, types, and end-use segments. Furthermore, market size, the revenue share of each segment, and its sub-segments, as well as forecast figures are also covered in this report.
Automotive 3D Imaging Analysis: By Applications
Security & Surveillance, Automotive Safety, Parking Assistance
Automotive 3D Imaging Market: By Product
Visible Camera, 3D Camera, Night Vision Camera, LiDAR
Automotive 3D Imaging Global Market: By Region
North America
U.S.Canada
Rest of North America
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
The Middle East and Africa
GCC Countries
South Africa
Rest of Middle East & Africa
Table of Content include Automotive 3D Imaging Market Worldwide are:
1 Study Coverage 1.1 Automotive 3D Imaging Product 1.2 Key Market Segments in This Study 1.3 Key Manufacturers Covered 1.4 Market by Type 1.4.1 Global Market Size Growth Rate by Type (Visible Camera, 3D Camera, Night Vision Camera, LiDAR) 1.5 Market by Application 1.5.1 Global Market Size Growth Rate by Application (Security & Surveillance, Automotive Safety, Parking Assistance) 1.6 Study Objectives 1.7 Years Considered
2 Executive Summary 2.1 Global Automotive 3D Imaging Market Size 2.1.1 Global Automotive 3D Imaging Revenue 2013-2025 2.1.2 Global Automotive 3D Imaging Production 2013-2025 2.2 Automotive 3D Imaging Growth Rate (CAGR) 2018-2025 2.3 Analysis of Competitive Landscape 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI) 2.3.2 Key Manufacturers 2.3.2.1 Manufacturing Base Distribution, Headquarters 2.3.2.2 Manufacturers Product Offered 2.3.2.3 Date of Manufacturers Enter into Market 2.4 Key Trends for Markets & Products
3 Automotive 3D Imaging Market Size by Manufacturers 3.1 Production by Manufacturers 3.1.1 Production by Manufacturers 3.1.2 Production Market Share by Manufacturers 3.2 Revenue by Manufacturers 3.2.1 Revenue by Manufacturers (2013-2018) 3.2.2 Revenue Share by Manufacturers (2013-2018) 3.3 Price by Manufacturers 3.4 Mergers & Acquisitions, Expansion Plans
4 Automotive 3D Imaging Production by Regions —–contd—
5 Automotive 3D Imaging Consumption by Regions —–contd—-
6 Market Size by Type —–contd—
7 Market Size by Application 7.1 Overview 7.2 Global Breakdown Dada by Application 7.2.1 Global Consumption by Application 7.2.2 Global Consumption Market Share by Application (2013-2018)
8 Manufacturers Profiles —–contd—
9 Production Forecasts —–contd—
10 Consumption Forecast —–contd—
11 Value Chain and Sales Channels Analysis 11.1 Value Chain Analysis 11.2 Sales Channels Analysis 11.2.1 Automotive 3D Imaging Sales Channels 11.2.2 Distributors 11.3 Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis 12.1 Market Opportunities and Drivers 12.2 Market Challenges 12.3 Market Risks/Restraints 12.4 Key World Economic Indicators
13 Key Findings in the Global Automotive 3D Imaging Study
14 Appendix 14.1 Research Methodology 14.1.1 Methodology/Research Approach 14.1.1.1 Research Programs/Design 14.1.1.2 Market Size Estimation 14.1.1.3 Market Breakdown and Data Triangulation 14.1.2 Data Source 14.1.2.1 Secondary Sources 14.1.2.2 Primary Sources 14.2 Author Details 14.3 Disclaimer
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