#Saudi Arabia Smart elevator Market Analysis
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Saudi Arabia Smart Meter Market Analysis 2030
The Saudi Arabia Smart Meter Market has experienced considerable growth and is expected to expand substantially. Projections indicate that the market will rise from USD 121.4 million in 2022 to USD 240.13 million by 2030, with a CAGR of 8.9%.
Smart meters are essential in Saudi Arabia for energy efficiency, renewable energy integration, and peak demand management. Factors driving market growth include predictive load forecasting, operational cost reduction, improved grid management, real-time data, accurate billing, and environmental sustainability goals, contributing to a greener and smarter energy ecosystem.
In the Saudi Smart Meter Market realm, short-term load forecasting is accomplished through predictive models. These sophisticated models harness advanced data analysis and machine learning techniques to anticipate forthcoming electricity demand. By capitalizing on data from smart meters, utility companies can fine-tune grid operations, ensuring the streamlined energy distribution to cater to consumer requirements effectively. For instance, the Saudi Smart Grids (SGs), aligned with the vision in Saudi Vision 2030, are conceived as cutting-edge electrical grids facilitating bidirectional power and data flow. To realize this vision, data analysis and predictive models, powered by artificial intelligence (AI), assume a pivotal role in optimizing the planning and management of the Saudi SGs. It is worth noting that diverse AI methodologies, encompassing deep learning (DL) algorithms tailored for SG applications, have exhibited impressive prowess in time series prediction, outperforming traditional predictive models.
Rise in Installation of Smart Meters
The Saudi Arabia Smart Meter Market has witnessed a substantial surge in smart meter installations, driven by the nation’s strategic focus on enhancing energy efficiency, integrating renewable energy sources, efficiently managing peak demand, reducing operational expenses, providing consumers with real-time data, ensuring precise billing, and aligning with environmental sustainability objectives. This escalating adoption of smart meters signifies a significant stride towards fostering an intelligent and environmentally conscious energy landscape within the country.
The Saudi Electricity Company (SEC) has achieved a remarkable feat by successfully deploying approximately 10 million smart electricity meters by the end of 2022. Especially remarkable is the fabrication of 4 million of these meters directly within Saudi Arabia. This local production initiative harmonizes perfectly with the country’s aspiration to decrease its dependency on imported technology and foster domestic employment prospects. This commitment to homegrown manufacturing is expected to empower the workforce with essential proficiencies, strategically positioning them for forthcoming business opportunities and technological progress. Ultimately, this endeavor holds the potential to make a substantial contribution to the nation’s enduring economic expansion and innovation goals.
The advent of smart meter projects in the Saudi Arabia Smart Meter Market
The Smart Meter Market in Saudi Arabia has observed the initiation of several diverse smart meter projects. These initiatives are geared towards elevating energy efficiency, effective peak demand management, seamless integration of renewable energy resources, provision of real-time data to consumers, precise billing, enhanced grid management, and the reduction of operational expenses. Implementing these smart meter projects signifies a momentous stride towards a more sustainable and technologically advanced energy landscape within the nation.
One standout example is the Saudi Smart Meter Project (SMP), a pivotal undertaking championed by the Saudi government to realize the energy conservation and emission reduction goals outlined in “Vision 2030”. Distinguished as the world’s largest smart meter project, SMP impressively deployed approximately 10 million smart meters in an astonishing 14-month timeframe. Moreover, SMP has set an innovative precedent by incorporating two state-of-the-art communication solutions, NB-IoT and Hybrid (RF&G3), positioning it as a trailblazer in the region and fundamentally shaping the trajectory of smart metering in Saudi Arabia.
Government Regulations
The Smart Meter Market in Saudi Arabia operates within the framework of government regulations strategically aimed at bolstering energy efficiency, curtailing carbon emissions, and propelling technological innovation. These regulations encompass compulsory smart meter installations and encouraging renewable energy adoption. Furthermore, endeavors to ramp up indigenous smart meter production align cohesively with the nation’s agenda of diminishing technology imports, stimulating employment opportunities, and nurturing skill acquisition for forthcoming business and technological ventures in the country.
The Saudi Standards, Metrology, and Quality Organization’s “Taqyees” National Legal Calibration Program ensures the accuracy and functionality of smart electric meters. The program involves rigorous model approvals, local conditions suitability, and stringent reliability and performance criteria. “Taqyees” specialists and approved bodies supervise a preliminary verification phase. This phase comprised meticulous tests to corroborate accurate readings and seamless operations. The overarching goals of this legal calibration initiative encompass ensuring precision in commercial transactions, augmenting transparency, safeguarding both consumer and trader rights, and championing equitable principles in trade practices.
Impact of COVID-19
The Saudi Arabia Smart Meter Market underwent significant transformations due to the COVID-19 pandemic, altering its pre- and post-COVID landscapes. Pre-pandemic, the market exhibited steady growth driven by energy-saving initiatives and technological progress. However, the pandemic introduced supply chain disruptions, manufacturing delays, reduced consumer spending, and economic uncertainties impacted smart meter demand. Post-pandemic, the market refocused on digitalization and remote management, leading to heightened smart meter adoption opportunities. Amid increased sustainability focus and remote work trends, smart meters gained relevance for efficient energy tracking. The pandemic acted as an innovation catalyst, underscoring smart meters’ role in fostering a resilient and sustainable Saudi Arabian energy ecosystem.
Saudi Arabia Smart Meter Market: Report Scope
“Saudi Arabia Smart Meter Market Assessment, Opportunities and Forecast, 2016-2030”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative & quantitative assessment of the current state of the Saudi Arabia smart meter market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19, opportunities and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
Click here for full report- https://www.marketsandata.com/industry-reports/saudi-arabia-smart-meter-market
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Automatic Platform Gates Market Size, Share, Forecast 2024-2032 | Reports and Insights
The Reports and Insights, a leading market research company, has recently releases report titled “Automatic Platform Gates Market Share: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Automatic Platform Gates Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Automatic Platform Gates Market?
The global automatic platform gates market size reached US$ 795.5 million in 2023. Looking forward, Reports and Insights expects the market to reach US$ 1,657.7 million in 2032, exhibiting a growth rate (CAGR) of 8.1% during 2024-2032.
What are Automatic Platform Gates?
Automatic platform gates are safety barriers installed at train station platforms designed to enhance passenger safety and prevent accidents by managing access to the tracks. These gates automatically open and close in coordination with train schedules, guiding passengers to stay behind the safety line and preventing unauthorized access to the track area. Featuring sensors and sophisticated control systems, automatic platform gates help reduce the risk of falls and accidents while improving station efficiency and crowd control.
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What are the growth prospects and trends in the Automatic Platform Gates industry?
The automatic platform gates market growth is driven by various factors and trends. The market for automatic platform gates is expanding as a result of growing safety standards and increased demand for improved passenger security at train stations. The adoption of these gates is driven by technological advancements and the need for better accident prevention and crowd management. Factors fueling market growth include stricter safety regulations, the expansion of rail networks, and the integration of smart technologies for enhanced operational efficiency. Key regions contributing to this growth are North America, Europe, and Asia-Pacific, where infrastructure investments and developments in public transportation are boosting the use of these advanced safety systems. Hence, all these factors contribute to automatic platform gates market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Type:
Full Height Platform Gates
Half Height Platform Gates
Portable Platform Gates
By Technology:
Sensor-based Gates
RFID-based Gates
Barcode-based Gates
Others
By Application:
Railway Stations
Metro Systems
Bus Stations
Airports
Others
By End-Use:
Transportation Authorities
Railway Operators
Metro Operators
Bus Operators
Airport Authorities
Others
Market Segmentation By Region:
North America:
United States
Canada
Europe:
Germany
United Kingdom
France
Italy
Spain
Russia
Poland
BENELUX
NORDIC
Rest of Europe
Asia Pacific:
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa:
Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
Faiveley Transport
Nanjing Kangni Mechanical & Electrical Co., Ltd.
ST Electronics
Japan Transport Engineering Company
Gilgen Door Systems AG
DURAG GROUP
KG Technologies
Shanghai Sanei Elevator Co., Ltd.
WECO Electrical Connectors Inc.
Kaba Gallenschütz GmbH
Larsen & Toubro Limited
MEA Group
Tanabe Corporation
Wabtec Corporation
Thales Group
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#Automatic Platform Gates Market share#Automatic Platform Gates Market size#Automatic Platform Gates Market trends
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Connected Retail Market: Global Industry Analysis and Forecast 2023 – 2030
The Global Connected Retail Market size is expected to grow from USD 32.96 billion in 2022 to USD 137.07 billion by 2030, at a CAGR of 19.05% during the forecast period (2023-2030).
Connected retail is a place that is integrated and digitally evaluated with accumulated experiences that Connected retail and influence customers at the bridge between the primary and physical worlds. It's a retailer that connects with customers through technology, but it's a great experience.
In the digital world of connected retail, retail brands exist to enhance their understanding of their customers. Now, customers have an unlimited choice of options to find and purchase products and services, both online and offline. With accelerating technology growth, businesses must take new strategies to elevate their Connected retail marketing approaches and manage customer demand.
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The latest research on the Connected Retail market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Connected Retail industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Connected Retail market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Leading players involved in the Connected Retail Market include:
Cisco Systems (San Jose California), Verizon (New York, United States), International Business Machines Corporation (IBM) (U.S.), Amazon Web Services Inc. (Seattle, U.S.), Microsoft Corporation (Washington, U.S.), Google Inc. (U.S.), Microsoft Corporation (U.S.), Intel Corporation (Santa Clara, U.S), Fujitsu Limited (Tokyo, Japan), PTC Inc. (Massachusetts, U.S) other Major Players.
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Segmentation of Connected Retail Market:
By Type
Hardware
Software
Services
By Application
ZigBee
NFC
Bluetooth Low Energy
Wi-Fi
Other Technologies
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
What to Expect in Our Report?
(1) A complete section of the Connected Retail market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Connected Retail market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Connected Retail market.
(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Connected Retail market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusion of the research study provided in the Connected Retail Market report.
Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.
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#Connected Retail#Connected Retail Market#Connected Retail Market Size#Connected Retail Market Share#Connected Retail Market Growth#Connected Retail Market Trend#Connected Retail Market segment#Connected Retail Market Opportunity#Connected Retail Market Analysis 2024
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Saudi Arabia Smart elevator Market to Grow Due to Technological Advancement until 2026 – TechSci Research
Advancing infrastructure is driving the growth of Saudi Arabia Smart elevator Market, in the forecast period, 2022-2026.
According to TechSci Research report on, “Saudi Arabia Smart elevator Market By Component (Communication Systems, Maintenance System, Control Systems (Security Control, Elevator Control, Access Control)) By Speed (Less than 2m/s, 2-5m/s, 5.1-8m/s and Above 8 m/s) By Application (Residential, Commercial, Industrial) By Service (New Installation, Modernization, Maintenance) By Region, Competition Forecast & Opportunities, 2026”, Saudi Arabia smart elevator market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming forecast years 2021 to 2026. Saudi Arabia smart elevator market owes its growth to the factors like rapidly evolving technologies that are implemented for the consumer’s easier and comfortable lives. The market is bound to experience the intended growth on the account of increasing disposable income of the population of the country and keep supporting the market growth for the next five years. Factors like demands for reducing energy consumptions and rising geriatric population along with their demands for development of better and efficient infrastructure is supporting the tentative growth of the Saudi Arabia smart elevator market in the upcoming five years. Furthermore, development of smart cities and therewith the smart infrastructure is rapidly increasing in various regions of the country. With surging demand for the technologically advanced services and products along with the growth in urbanization is driving the potential market growth. High cost of these smart technologies may put a mild restraint but expandable income among the population and growing economic stature of the country based on its oil supply chains is anticipated to overcome the setbacks and support the Saudi Arabia smart elevator market in the forecast years until 2026.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Saudi Arabia Smart elevator Market"
https://www.techsciresearch.com/report/saudi-arabia-smart-elevator-market/7686.html
The Saudi Arabia smart elevator market is segmented by component, speed, application, service, application, regional distribution, and competitional landscape. Based on application, the market is further bifurcated into residential, commercial, and industrial. Commercial applications is anticipated to register largest revenue shares of the market on the account of rapidly increasing smart infrastructure and the demand for the elevators for the convenience of the population. With disposable income at hand, and trend of smart technologies the segment is expected to dominate the segment in the next five years. Residential applications are expected to register significant growth in the next five years on the account of surging number of high-rise building, skyscrapers, and similar infrastructure.
Based on component, the market is further sub-segmented into communication systems, maintenance system, and control systems. The control systems are anticipated to hold the largest revenue shares of the market and dominate the segment in the next five years, growing on the account of enhanced security and management offered by these systems in crowded buildings. The control systems are differentiated into security control, elevator control, access control. Elevator control is the most important and most demanded control system, since it provides the basic necessity for the elevators control, movement, and maintenance. Fast connectivity parameters, advanced access control, and video surveillance that guarantee high passenger comfort and elevator security, thereby contributing to the smart elevator market expansion.
A partial list of market player in the Saudi Arabia smart elevator market includes Otis Elevator Company Saudi Arabia Limited, Schindler Olayan Elevators Co. Ltd, ThyssenKrupp Elevator Saudi Limited, Mitsubishi Electric Saudi Ltd., Gulf Elevator & Escalator Company Ltd., Khaled Juffali Elevator & Escalator Co., KONE Saudi Arabia, Orona Elevator Co. KSA, Fujitec Saudi Arabia Co., Ltd., Hyundai Elevator Saudi Arabia, Toshiba Elevator And Building Systems Corporation, Hitachi Elevator Saudi Arabia Limited., Arshad Abdullah Al-Saleh & Partner Co. ASCO Elevators (ASCO), Elegent Elevators Company, CGC Elevators & Escalators, among others. These market players hold larger shares of the market than the new market players. With the evolving technology, it is appropriate to say that the effective research and development of the technologically advanced instruments and methods to satisfy consumer demands would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide such products and services that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
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“Smart elevators are in demand owing to the rapidly increasing infrastructure development. The market seems to grow exponentially in the next five years with the growing demand of building smart cities and rising disposable income is further aiding the growth of the market. New market players may focus on the technological advancements that supports their brand establishment and further growth in the market. Collaborating with the existent market players would be of great benefits for them,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
TechSci Research “Saudi Arabia Smart elevator Market By Component (Communication Systems, Maintenance System, Control Systems (Security Control, Elevator Control, Access Control)) By Speed (Less than 2m/s, 2-5m/s, 5.1-8m/s and Above 8 m/s) By Application (Residential, Commercial, Industrial) By Service (New Installation, Modernization, Maintenance) By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Saudi Arabia smart elevator market and provides statistics & 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 Saudi Arabia smart elevator market.
Related Projects
China Smart Elevator Market By Component (Control Systems (Security Control System, Elevator Control System, Access Control system), and Communication Systems), By Application (Residential, Commercial, Industrial, Institutional, Others), By Service (New Installation, Modernization, Maintenance), By Region, Competition, Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/china-smart-elevator-market/4308.html
Saudi Arabia 5G Service Market By End Users (Individual, Enterprises) By Application (Smart Cities, Connected Factories, Smart Buildings, Connected Vehicles, Connected Healthcare, Connected Retail, Smart Utilities, Others) By Communication Type (Fixed Wireless Access, Enhanced Mobile Broadband, Massive Machine-Type Communication, Ultra-Reliable Low-Latency) By Industry (Manufacturing, Media & Entertainment, Government, Energy & Utilities, Transportation & Logistics, Healthcare, Others) By Region, Competition Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/saudi-arabia-5g-service-market/7666.html
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#Saudi Arabia Smart elevator Market#Smart elevator Market#Saudi Arabia Smart elevator Market Size#Saudi Arabia Smart elevator Market Share#Saudi Arabia Smart elevator Market Growth#Saudi Arabia Smart elevator Market Forecast#Saudi Arabia Smart elevator Market Analysis
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Smart Building Market Research Report
The smart building market report, published by GMI Research, provides extensive insight and analysis of the smart building market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the smart building market. The research report also studies the competitive environment of the smart building market based on the company profiles and their efforts on increasing product value and production.
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Leading Players in the Smart Building Market
The notable players in the smart building market include Hitachi, Ltd., Intel Corporation, Huawei, Honeywell International Inc., Johnson Controls, IBM, Cisco, Schneider Electric, Siemens, and ABB, among others.
Key Drivers in the Smart Building Market
The increasing adoption of the Internet of Things (IoT) enabled building management system and the rising awareness of space utilization around the world are the key drivers contributing to the growth of the smart building market size. The increasing awareness about energy consumption and the expanding number of initiatives regarding environmental concerns will encourage the adoption of smart building systems to save energy, time, and money. For example, in 2017, the Public Service and Procurement Canada (PSPC) launched the Smart Building initiative aiming to the construction of 100 buildings across Canada. Several countries such as Dubai has launched the “Dubai Plan 2021”, focusing on converting the city into a “smart city” by using innovative technology, digital tools, and smart policies. The increasing development of smart cities will further energize the demand of the market.
The emerging trend for eco-friendly and green building that offer numerous smart features will boost the demand for smart building market over the coming years. In addition to this, the rising security concerns followed by the technological enhancement and reliability offered by the intelligent security systems will further accelerate the demand of the smart building market during the forecast period.
Market Segmentation
Smart Building Market by Component:
· Solutions
· Services
Smart Building Market by Solutions:
· Building Infrastructure Management (BIM)
o Parking Management System
o Smart Water Management System
o Elevators and Escalators Management System
· Security and Emergency Management
o Access Control System
o Video Surveillance System
o Safety System
· Energy Management
o HVAC Control System
o Lighting System
· Network Management
· Workforce Management
Smart Building Market by Services:
· Consulting
· Integration and Deployment
· Support and Maintenance
Smart Building Market by Building Type:
· Residential
· Commercial
· Office Buildings
· Retail and Public Assembly Buildings
· Hospital and Healthcare Facilities
· Airports and Railway Stations
· Others
· Industrial
Smart Building Market by Region:
· North America
o United States of America
o Canada
· Asia Pacific
China
Japan
India
Rest of APAC
· Europe
United Kingdom
Germany
France
Spain
Rest of Europe
· RoW
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)
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Smart Airport Market: Analysis of Key Players, Industry Size, Growth and Share
According to the latest report by IMARC Group, titled “Smart Airport Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global smart airport market size exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 13% during 2021-2026.
Smart airport solutions depend on connected and automated technologies, including the Internet of Things (IoT), global positioning system (GPS), sensors, etc., to provide passengers with real-time data analytics and self-service capabilities. They aid in digitally and accurately executing various tasks, such as decision-making, planning, operations, etc., by facilitating the timely access of information using smart devices. Smart airports also offer several innovative services, including automated security gates, real-time CCTV security surveillance, radio frequency identification (RFID) baggage tracking, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Smart Airport Market Trends:
The elevating levels of air traffic, owing to the increasing demand for passenger and business travel, are encouraging airport enterprises to become more entrepreneurial, adaptive, and proactive as per the changing aviation dynamics and customer requirements. This represents one of the primary drivers catalyzing the smart airport market, which offers numerous innovative solutions, such as facial recognition at checkpoints, automated immigration processes, digital wayfinding, health monitoring systems, luggage scanning and weighing, etc., to improve the passenger experience. Additionally, the sudden outbreak of the COVID-19 pandemic is escalating the adoption of remote and smart airport applications for effectively controlling passenger and luggage processing systems, limiting crowds, managing health risks, etc., which is further propelling the product demand. Apart from this, the integration of advanced technologies, such as artificial intelligence (AI), is helping airports achieve certification of carbon neutrality by promoting waste, water, emission, and energy management, which is anticipated to drive the smart airport market over the forecasted period.
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Global Smart Airport Market 2021-2026 Analysis and Segmentation:
Competitive Landscape with Key Player:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
Amadeus IT Group SA, Ascent Technology Inc., Cisco Systems Inc., Collins Aerospace (Raytheon Technologies Corporation), Honeywell International Inc., Huawei Technologies Co. Ltd., Indra Sistemas S.A., International Business Machines Corporation, Sabre Corp., Siemens AG, T-Systems International GmbH and Wipro Limited.
Breakup by Type:
Airport 2.0
Airport 3.0
Airport 4.0
Breakup by Size:
Large
Medium
Small
Breakup by System:
Wearables
LPWAN and WLAN
Tags and Sensors
Platforms
NFC, RFID and Bluetooth
Wireless
Others
Breakup by Operation:
Aeronautical
Non-Aeronautical
Breakup by End Market:
Implementation
Upgrade and Services
Breakup by Application:
Airside
Air Traffic Maintenance
Aircraft Maintenance
Passenger Screening and Experience
Digital Video Surveillance and Management
Building Management
Intelligent Advertising
Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Automotive Interior Materials Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2028
Automotive Interior Materials Market Country Level Analysis
The automotive interior materials market is analysed and market size, volume information is provided by country, type and vehicle type as referenced above.
The countries covered in the automotive interior materials market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia Pacific dominates the automotive interior materials market because of the heightened government assistance in terms of subsidies and constructive laws is anticipated to attract automotive manufacturers to set up plants which will further boost the growth of the automotive interior materials market in the region. Europe is anticipated to observe significant amount of growth in the automotive interior materials market because of the importance of automotive interiors for advanced countries consumers has empowered producers to modernize and market an array of functions, which in turn is anticipated to further propel the growth of the automotive interior materials market.
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The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Interior Materials Market Share Analysis
The automotive interior materials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to adhesive resin market.
The major players covered in the automotive interior materials market report are Bayerische Motoren Werke AG, Stahl Holdings BV, Lear Corporation, Toyota Boshoku Corporation, Technical Textile Services Ltd., ZF Friedrichshafen AG, Faurecia S.A., Delphi Technologies, Grammer AG, Johnson Controls, Grupo Antolin,, Henkel Corporation, Lear Corporation, Auto textile S.A., Shamkem Multifab Limited, Suminoe Textile Co., Ltd., Magna International Inc,, Calsonic Kansei Corporation, Celanese Corporation, Toyoda Gosei Co., Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Market Analysis and Insights : Global Automotive Interior Materials Market
The Global automotive interior materials market is expected to be growing at a growth rate of 7.055% in the forecast period of 2021 to 2028. The automotive interior materials market report analyses the growth, which is currently being growing due to the rising scope of its application in wood-working industry.
Automotive interior materials are properties that are developed inside the cabin of an automotive, such as plastics, metals, and composites. As the operational assets of automotive reach appropriate levels of performing, customers require increased ergonomic and attractive elements of the interior design. The cabin section of a vehicle is crucial to vehicle weight, making lightweight interior materials imperative to conserving emission levels.
Superior attributes and purposes of cabin elements have led to significant increase in number of vehicle interior components. The COVID-19 pandemic is an on-going global position. Separately from the human tragedy, this calamity has also harshly crushed industries and economies around the world, which also comprises the auto industry.
The enhancing of the fuel effectiveness by lowering the overall burden of the vehicle, the improved requirement for customization and comfort, the utilization of the smart interior fabric to make the demand, elevated need for low-production materials, particularly in the advancing nations, and strict petroleum economy values are the factors expected to boost the growth of the automotive interior materials market in the forecast period.
However, the unlawful removal of emissions from the tanning industry concerning the genuine leather market, the surge in the price of genuine leather because of the necessity supply gap and guidelines regarding to synthetic leather are the factors that is most likely anticipated to hamper the growth of the automotive interior materials market in the future years.
Additionally, the automotive fabrics incorporating nanomaterials and the acceptance of green technology in the automotive leather manufacturing which will further extend profitable opportunities for the growth of the automotive interior materials market in the coming years and the advanced automotive designs and fast growth in the global economy offer numerous opportunities to market players for growth. Despite that the productivity and sustainability within the governing framework are the factors to further challenge the growth of the automotive interior materials market during the forecast period.
This automotive interior materials market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on automotive interior materials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Interior Materials Market Scope and Market Size
The automotive interior materials market is segmented on the basis of type and vehicle type. 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 markets.
Based on the type, the automotive interior materials market is segmented into synthetic leather, polymers, genuine leather, fabric, synthetic leather, others. Others is further sub segmented into rubber and wood. Synthetic leather is further sub segmented into PU and PVC.
Based on the vehicle type, the automotive interior materials market is segmented into passenger vehicles, light commercial vehicles, heavy commercial vehicles.
Automotive Interior Materials Market, By Type (Synthetic Leather (PU and PVC), Genuine Leather, Polymers, Fabric), Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
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Smart Elevators Market-Global Opportunity Analysis and Industry Forecast, 2013 - 2020
The report offers key drivers that propel the growth in the global Smart Elevators Market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.
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The research offers a detailed segmentation of the global Smart Elevators Market. Key segments analyzed in the research include by type, application and geography. Extensive analysis of sales, revenue, growth rate, and market share of each by type, application and geography for the historic period and the forecast period is offered with the help of tables.
The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.
The research offers an extensive analysis of key players active in the global Magnetic Magnetometers industry. Detailed analysis on operating business segments, product portfolio, business performance, and key strategic developments is offered in the research. Leading market players analyzed in the report include
Schindler Holding AG
Honeywell International Inc.
Otis Elevator Corporation
Hyundai Elevator Co. Ltd.
Mitsubishi Electric Corporation
KONE Elevators Co. Ltd.
ThyssenKrupp
Fujitec
Bosch Security Systems
Hitachi Ltd
These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.
Key Benefits:
· The report provides a qualitative and quantitative analysis of the current Smart Elevators Market trends, forecasts, and market size from 2013 to 2020 to determine new opportunities.
· Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
· Top impacting factors & major investment pockets are highlighted in the research.
· The major countries in each region are analyzed and their revenue contribution is mentioned.
The market player positioning segment provides an understanding of the current position of the market players active in Smart Elevators Market industry.
Key offerings of the report:
· Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
· Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
· Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
· Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
· Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.
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Saudi Arabia Building Automation System Market Analysis 2030
Saudi Arabia building automation system marketsize was valued at USD 1.5 billion in 2022, which is expected to reach USD 3.3 billion in 2030, with a CAGR of 10.2% for the forecast period between 2023 and 2030. The building automation system (BAS) market in Saudi Arabia is a rapidly growing industry that is poised for significant expansion in the coming years. The BAS market in Saudi Arabia is being driven by various factors, including the need to improve energy efficiency, reduce operating costs, and meet government regulations to reduce carbon emissions. Building owners and managers increasingly turn to BAS solutions to optimize building systems for greater energy efficiency, reduced maintenance costs, and improved occupant comfort.
In addition, the growth of smart building technologies, such as the Internet of Things (IoT) and artificial intelligence (AI), is driving the development of more advanced and integrated BAS solutions. These solutions can provide real-time data on energy consumption, temperature, air quality, and occupancy levels, which can be analyzed using AI algorithms to optimize building systems for greater efficiency and comfort. Furthermore, the increasing focus on occupant health and safety, particularly in the wake of the COVID-19 pandemic, is driving the demand for BAS solutions that can provide touchless controls for lighting, temperature, and other building systems, as well as monitoring systems that can detect and address indoor air quality issues.
Technological Advancements have Driven the Market
The Saudi Arabia building automation system market is undergoing significant technological advancements, integrating various building systems like lighting, HVAC, and security through the Internet of Things (IoT). Artificial intelligence and machine learning make BAS more intelligent, enabling better decision-making, optimizing energy consumption, reducing cost, and enhancing occupant comfort. Additionally, adopting cloud-based solutions and wireless connectivity are making the system more flexible, scalable, and accessible. Overall, these technological advancements are driving the growth of the BAS market in Saudi Arabia, as organizations look to leverage these innovations to improve their building operations. Like, KNX Association is the originator and proprietor of KNX technology, it is globally recognized as the standard for home and building automation applications. It encompasses many functions, from lighting and curtain control to security systems, HVAC (heating, ventilation, and air conditioning), monitoring, energy management, alarms, water control, metering, household appliances, audio systems, and much more. Notably, this technology can be seamlessly integrated into new and pre-existing residential and commercial structures.
Rising Popularity of IoT-based Building Automation System Solutions
The Saudi Arabia Building Automation System Market is currently witnessing a remarkable surge in demand, primarily propelled by the increasing adoption of Internet of Things (IoT)-based solutions. These innovative BAS solutions are reshaping the landscape of building systems management and control. IoT integration plays a pivotal role in these systems, enabling real-time data collection and analysis, which in turn allows for more precise monitoring and control of critical building functions like lighting, HVAC, security, and energy management.
IoT-driven solutions become more attractive due to their capacity to significantly enhance energy efficiency, curtail operational costs, and elevate the comfort levels of building occupants. Furthermore, Saudi Arabia’s strong commitment to the development of smart cities and sustainable infrastructure aligns seamlessly with the capabilities offered by IoT-driven BAS solutions. This positions them as a vital facilitator for the creation of intelligent and eco-friendly buildings that cater to the nation’s evolving requirements for modern, efficient, and sustainable infrastructure. Consequently, the adoption of IoT-based BAS solutions is expected to maintain its upward trajectory in Saudi Arabia market.
Increasing Demand for Smart & Sustainable Buildings
Due to environmental awareness and energy efficiency, Saudi Arabia’s building automation market is shifting towards sustainability and smart building solutions. This shift is driven by Vision 2030, a national vision promoting sustainability and technological advancement. Smart building technologies, including advanced HVAC controls, intelligent lighting systems, and integrated security measures, are essential for modern construction endeavors. As the nation wholeheartedly embraces sustainable development principles, the building automation system market stands on the cusp of substantial growth. It offers innovative solutions that align seamlessly with Saudi Arabia’s vision for a greener, more intelligent future.
In 2022, Schneider Electric garnered the esteemed “Best Engineering Design for a Zero Carbon Smart Building” award, a testament to its leadership in sustainability, digital transformation, and energy management. This accolade recognized by Fast Company magazine underscores Schneider Electric’s unwavering dedication to crafting eco-friendly smart buildings and delivering cutting-edge technology for efficient energy management in low-energy structures. Schneider Electric’s prominence in energy management, digital transformation, and automation amplifies the significance of its recognition.
Impact of COVID-19
The pandemic has accelerated the development of building automation systems (BAS) in Saudi Arabia, focusing on touchless controls and smart technologies to minimize virus transmission. BAS solutions offer touchless controls for lighting, temperature, and other building systems and monitoring systems to detect and address indoor air quality issues. They optimize building systems for better ventilation and air quality, reducing the risk of virus transmission. The pandemic has highlighted the importance of energy efficiency and sustainability as building owners and managers seek to reduce operating costs and improve environmental sustainability. BAS solutions are being used to optimize building systems.
Saudi Arabia Building Automation System Market: Report Scope
“Saudi Arabia Building Automation System Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative & quantitative assessment of the current state of the Saudi Arabia Building Automation market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and opportunities, and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
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Connected Retail Market: Global Industry Analysis and Forecast 2023 – 2030
The Global Connected Retail Market size is expected to grow from USD 32.96 billion in 2022 to USD 137.07 billion by 2030, at a CAGR of 19.05% during the forecast period (2023-2030).
Connected retail is a place that is integrated and digitally evaluated with accumulated experiences that Connected retail and influence customers at the bridge between the primary and physical worlds. It's a retailer that connects with customers through technology, but it's a great experience.
In the digital world of connected retail, retail brands exist to enhance their understanding of their customers. Now, customers have an unlimited choice of options to find and purchase products and services, both online and offline. With accelerating technology growth, businesses must take new strategies to elevate their Connected retail marketing approaches and manage customer demand.
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The latest research on the Connected Retail market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Connected Retail industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Connected Retail market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Leading players involved in the Connected Retail Market include:
Cisco Systems (San Jose California), Verizon (New York, United States), International Business Machines Corporation (IBM) (U.S.), Amazon Web Services Inc. (Seattle, U.S.), Microsoft Corporation (Washington, U.S.), Google Inc. (U.S.), Microsoft Corporation (U.S.), Intel Corporation (Santa Clara, U.S), Fujitsu Limited (Tokyo, Japan), PTC Inc. (Massachusetts, U.S) other Major Players.
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Segmentation of Connected Retail Market:
By Type
Hardware
Software
Services
By Application
ZigBee
NFC
Bluetooth Low Energy
Wi-Fi
Other Technologies
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
What to Expect in Our Report?
(1) A complete section of the Connected Retail market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Connected Retail market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Connected Retail market.
(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Connected Retail market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusion of the research study provided in the Connected Retail Market report.
Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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#Connected Retail#Connected Retail Market#Connected Retail Market Size#Connected Retail Market Share#Connected Retail Market Growth#Connected Retail Market Trend#Connected Retail Market segment#Connected Retail Market Opportunity#Connected Retail Market Analysis 2024
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Aluminum Pigments Market - Growth, Trends and Analysis 2025
Aluminum Pigments Market – Overview
Growing pace of industrialization has contributed positively to the development of the Aluminum Pigments Market. Focused Market reports connected to the chemicals & materials sector among others lately have been made available by Market Research Future which publishes a report on this sector. The market is expected to grow at an outstanding CAGR percent while earning high revenues through the forecast period.
The increasing demand cues observed from the food and beverage sector in terms of the need to have high quality and smart packages for products has elevated the need for Aluminum Pigments from this sector. The resistive properties of Aluminum Pigments are expected to be one of the top factors that will motivate the growth of the industry in the coming years. Increasing awareness levels towards coatings products that have low carbon footprints will be another positive factor driving the growth of the industry in the forecast period.
Industry Segments:
The Industry Segments for the Aluminum Pigment Market globally is segmented on the basis of End Use Industry, Form and Region.
On the basis of Form, the Aluminum Pigment Industry is segmented into paste, powder, and pellets.
The Aluminum Pigment Market is categorized for the End User Segment into plastics, printing, paints & coatings, cosmetics and others.
Lastly, the Regions for the industry are categorized into Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
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Aluminum Pigments Market – Competitive Analysis
Aluminum Pigment Market appears to be less competitive with the presence of only few major global chemicals and materials manufacturers operating in the Cold insulation Market. Presence of few key players will lead to monopoly situation and also competitive edge in innovation and technology is expected to be indelicate. As these materials are pricing at higher costs in the current markets and increasing demand for cold Aluminum Pigment based coatings in construction and automobile industries will influence the end user products from these industries. Aluminum Pigment Market demonstrates a high growth potential as the demand for these materials is increasing other key players are likely to invest in opening new production capacities to meet the global demand with better solutions.
Detailed Regional Analysis:
Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa are the regions that are reviewed in the Aluminum Pigments Market. The North American region is projected to develop with the highest CAGR in the duration of the review period because of the expanding defense and aerospace sector. The demand for Aluminum Pigment is expected to develop at an accelerated pace in several countries of the Middle East & African region such as the United Arab Emirates, Iraq, Iran, Saudi Arabia, and Kuwait owing to increasing tourism & travel sector. Besides, the availability of huge reserves of oil & gas reserves in this region is expected to boost the expansion of the market due to the use of Aluminum Pigment in protecting industrial machinery. The North American Aluminum Pigment region is anticipated to observe a tremendous growth due to rising consumption potential, growing production capacities, and escalating economic growth rate.
In Europe, the demand for Aluminum Pigments is anticipated to grow in many countries such as Germany, U.K, France, Italy, Spain, and Russia because of the increasing expenditure on innovations and rising purchasing power of consumers. Latin American nations such as Colombia, Argentina and Brazil are also predicted to observe substantial development due to increasing consumer spending on passenger cars as well as incorporation of new technologies and inventions in Aluminum Pigments. The Aluminum Pigment Market in the Asia Pacific region is expected to grow with the moderate CAGR owing to developments in crude oil processing and growing number of petroleum refineries in China and India that will favorably boost the industrial Aluminum Pigment Coatings.
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Automotive Tires Market Research Report
Global Automotive Tires Market
The GMI Research speculates that the Automotive Tires Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the enlargement of the automotive sector, increasing development of infrastructure, and increasing competition among tire producers.
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Introduction of the Automotive Tires Market:
An automotive tire refers to a circular component made up of a tensile, vigorous rubber casing affixed to the rim of a wheel. In short, the tires impart a gripping surface for resistance between the road surface and vehicles and protection for the wheels of moving vehicles to minimize the influence of vibrations.
Key Players of the Market:
· The Goodyear Tire & Rubber Company
· Continental AG
· Bridgestone Corporation
· THE YOKOHAMA RUBBER CO., LTD.
· Toyo Tire Corporation
· MICHELIN
· Sumitomo Rubber Industries, Ltd.
· Pirelli & C. S.p.A.
· Hankook Tire & Technology Co., Ltd
· Cooper Tire & Rubber Company
Automotive Tires Market Dynamics
The factors elevating the growth of the global automotive smart tires market include the increasing drift of tire manufacturers to produce feasible tires in order to fulfill the rigorous performance norms and the augmenting demand for superior tires. Also, their fuelling demand as a result of mounting vehicle production throughout the nation and the execution of modernized technology across the production process, such as the inclusion of cumulative manufacturing & 3D printing, will further stimulate the Automotive Tires market size. Moreover, the elevating sales of automotive across several developing nations as a result of the improvement in living standards and a boost in per-capita income has paved the way for global tire market size.
Further, the accelerating penetration of electric vehicles because of the various government initiatives and amplifying apprehension towards the environment further contribute to the market growth. Om the other hand, the fluctuations in the prices of raw materials of tires such as synthetic rubber may hinder the market growth.
Type Driver Segmentation
Based on the type, radial is projected to perceive a remarkable growth over the coming years. This is primarily attributed to their aggravating implementation as a result of several advantages proffered by these tires, which include reduction in the machine costs, magnified productivity, and lless consumption of fuel.
Vehicle Type Driver Segmentation
As per the vehicle type, the passenger car will expand at a faster growth due to their intensifying as a result of the growing seepage of passenger cars across various countries. In addition, the Automotive Tires market statistics, augmentation in income, better economic conditions, and inclination towards comfortable and congenial transportation further impel the market growth.
Automotive Tires Market Segmentation:
Segmentation by Type
· Bias
· Radial
Segmentation by Season
· Summer
· Winter
· All Seasons
Segmentation by Vehicle Type
· Passenger Car
· LCV
· Buses
· Trucks
Segmentation by Rim Size
· Less than 15 Inch
· 15-20 Inch
· More than 20 Inch
Segmentation by Distribution Channel
· OEM
· Aftermarket
Segmentation by Region:
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· North America
o United States of America
o Canada
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
About GMI Research
The consulting and market research enterprise offers syndicated and personalized research reports and consulting service to various organizations. The reports are prepared on the basis of market intelligence studies to certify that all fact-based research reaches several sectors like automotive, healthcare, FMCG, information technology & communication, etc. The deep knowledge of the organization towards the business environment helps us generate objective strategic information. Our research teams include expert analysts and researchers provide an in-depth analysis about forecasts, competitive landscape, major factors influencing the market growth, and other market acumen to assist companies in reaching a strategic decision.
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APAC to be the Leading Region in Automotive Smart Display Market 2021 | Key Findings, COVID – 19 Impact Analysis, Business Trends, Industry Segments, Regional Study, Emerging Technologies and Future Prospects 2023
Market Overview
The global automotive smart display market can touch a rough valuation of USD 10 billion by 2025, believes Market Research Future (MRFR). MRFR expects the market to record a CAGR of 13% during the forecast period (2019-2025).
Top Drivers and Key Barriers
At present, providing comfort, enhancing driver experience, and improving safety are the latest priorities for the global automotive sector. Smart display manufacturers, in a bid to gain an expansive customer base, are now offering cutting-edge smart display applications. With rising integration of vehicle functions in display applications, manufacturers offer LCD and TFT-LCD display panels that come with unique designs.
Original equipment manufacturers (OEMs) are also developing smart automotive display systems, keeping in mind the cost-sensitive nature of the market. In addition to a single-touch screen platform, manufacturers are now integrating gesture control technology within the smart display system. The primary focus is on providing customers with 360°video imaging technology and audible navigational assistance system that shows a 3D view of vehicle surrounding, which enhances safety.
Soaring demand for advanced features in vehicles works in favor of the automotive smart display system. Burgeoning population, mounting demand for autonomous vehicles, changing lifestyle, and rising popularity of -cart infotainment systems present the global market with numerous growth opportunities.
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Market Segmentation
The global automotive smart display market segments that have been analyzed in the MRFR report are display technology, driving level, display size, vehicle type, and sales channel.
Depending on the product type, the automotive smart display market includes thin-film transistor liquid crystal display (TFT-LCD), liquid crystal display (LCD), and others. The LCD segment can exhibit remarkable growth in the coming years, on account of rising demand for in-vehicle center stack displays.
With respect to the driving level, the automotive smart display market is considered for conventional and semi-autonomous. Escalating demand for autonomous and semi-autonomous vehicles all over the world will benefit the semi-autonomous segment over the appraisal period.
The display size-wise segments in the global automotive smart display market are up to 5”, 5”-10”, and above10”. The 5”-10” segment could rise at a fast pace in the following years, thanks to the soaring demand for larger display applications in vehicles.
In terms of the vehicle type, the global automotive smart display market comprises passenger car and commercial vehicle. The passenger car segment is poised to attain a higher share of the global market, with the main reason being the rising deployment of augmented reality displays on the car windscreens.
Propulsion-based segments are Internal Combustion Engine (ICE) and electric vehicle. The ICE segment’s share in the market is projected to be the largest in the ensuing years. Elevated demand for engine monitoring, as well as display of engine information system, is believed to be the prime reason for the segmental dominance in the market.
The various sales channels in the automotive smart display market are original equipment manufacturers (OEM) and aftermarket. The aftermarket segment is displaying better growth than its counterpart, because of the rise in aftermarket service centers, especially in developing economies like India, China, Saudi Arabia, Brazil, Argentina, and Mexico.
Regional Insight
The geographical analysis of the global automotive smart display market has been done for North America, Europe, Asia Pacific (APAC) and the rest of the world (RoW).
The prospects of APAC gaining the top spot in the global automotive smart display market is exceptionally high during the review period, followed by Europe and North America. The regional market growth is backed by strong demand for connected vehicles as well as the development of electric vehicle infrastructure. Also, surging cases of road accidents along with the need for implementation of road safety measures can do wonders for the market in the region. Japan can emerge as a highly lucrative market for automotive smart display in the region. The robust demand for smart products among consumers also results in the invigorating market growth in the region.
Massive demand for convenience, safety, and comfort in automobiles contributes substantially towards the growth of automotive smart display market in Europe. Vehicle-to-vehicle connectivity along with vehicle-to-infrastructure has come to the fore as a highly attractive industry trend in the automotive smart display in the region.
In North America, augmented demand for luxury & innovation in-vehicle connectivity paired with safety technologies boosts growth of the automotive smart display market. Growing progress and advancements in autonomous vehicles with sophisticated displays can work in favor of the regional market in subsequent years.
Leading Players
The players currently leading the worldwide automotive smart display market include Garmin Ltd. (US), Alpine Electronics Inc. (Japan), Valeo SA (France), Delphi Automotive PLC (UK), LG Display (South Korea), Yazaki Corporation (Japan), Nippon Seiki Co. Ltd (Japan), Magna International Inc. (Canada), Panasonic Corporation (Japan), Robert Bosch GmbH (Germany), Gentex Corporation (US), Denso Corporation (Japan), Continental AG (Germany), AU Optronics Corporation (Taiwan), Visteon Corporation (US), to mention a few.
Latest News
September 2019
Pioneer India recently launched a high-end in-car touchscreen infotainment system, featuring a 6.9-inch touch-sensitive display. It also includes a dual-camera input as well as quick charging for smartphones and a rear-seat entertainment display.
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Key Questions Addressed by the Report
What was the historic market size?
Which segmentation (Product/ Capacity) is driving market?
What will be the growth rate?
How are the key players in this market?
What are the strategies adopted by key players?
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
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RFID Market to See Overwhelming Growth by 2026 – Business Insights, Trends, Future Assessment | Checkpoint Systems, Inc, Confidex Ltd, Datalogic SpA, Siemens, Smartrac NV, TagMaster
RFID Market is precisely projected based on type, application, sales channel, and region. The Radio Frequency Identification (RFID) report further described key segments of the market to help business, marketing executives, and customers know the current as well as upcoming products and improvements.Few of the major competitors currently working in the global RFID Market are Honeywell International Inc, HID Global Corporation, Impinj, Inc, IBM Corporation, Invengo Technology Pte Ltd, NXP Semiconductors, Protrac iD, ACTATEK (UK) Ltd, Alien Technology, LLC, AVERY DENNISON CORPORATION, Brady Worldwide, Inc, BT, Checkpoint Systems, Inc, Confidex Ltd, Datalogic SpA, RFID, INC, Siemens, Smartrac NV, TagMaster amongst others.
Global RFID market is to register a healthy CAGR of 11.72% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017.
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RFID is an acronym for "radio frequency identification" and relates to a technique in which digital data embedded in RFID tags or smart tags is discovered by a viewer via radio waves. RFID is identical to barcoding in that the tag or label data is detected by a machine that stores the data in a database. However, RFID has several benefits over schemes that use barcode tracking software. Most remarkable is that the RFID tag data could be read outside of the field of view, while the barcodes should be connected with an optical scanner.
By Products (Tags, Readers, Software), Tags (Wafer Size, Tag type, Frequency, Application, Form Factor, Material), End User (Industrial, Transportation, Retail, Consumer Package Goods, Healthcare, Education, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Market Drivers:
Enhanced deployment of RFID in production facilities to increase productivity is contributing to the growth of the market
Enhanced using of safety & authentication implementation is boosting the growth of the market
Increase government policies is propelling the growth of the market
Heavy implementation of RFID technologies in the retail sector is driving the growth of the market
Market Restraints:
Elevated setup expenses for the RFID system is hindering the growth of the market
Compatibility of latest device with old device is restricting the growth of the market
MAJOR TOC OF THE REPORT
Chapter One: RFID Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global RFID Market Competition, by Players
Chapter Four: Global RFID Market Size by Regions
Chapter Five: North America RFID Revenue by Countries
Chapter Six: Europe RFID Revenue by Countries
Chapter Seven: Asia-Pacific RFID Revenue by Countries
Chapter Eight: South America RFID Revenue by Countries
Chapter Nine: Middle East and Africa Revenue RFID by Countries
Chapter Ten: Global RFID Market Segment by Type
Chapter Eleven: Global RFID Market Segment by Application
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Regionally, this report categorizes the production, apparent consumption, export and import of global RFID market covering:
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global RFID Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of RFID Market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: [email protected]
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RFID Market to Witness a Pronounce Growth During 2026 | Brady Worldwide, Inc, BT, Checkpoint Systems, Inc, Confidex Ltd, Smartrac NV, TagMaster
RFID Market report then lists the leading competitors and provides the insights strategic industry analysis of the key factors influencing the market. The report includes the analysis and discussion of important industry trends, market size, market share estimates, profiles of the leading industry players, and forecasts. Few of the major competitors currently working in the global RFID Market are Honeywell International Inc, HID Global Corporation, Impinj, Inc, IBM Corporation, Invengo Technology Pte Ltd, NXP Semiconductors, Protrac iD, ACTATEK (UK) Ltd, Alien Technology, LLC, AVERY DENNISON CORPORATION, Brady Worldwide, Inc, BT, Checkpoint Systems, Inc, Confidex Ltd, Datalogic SpA, RFID, INC, Siemens, Smartrac NV, TagMaster amongst others.
Global RFID market is to register a healthy CAGR of 11.72% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017.
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RFID is an acronym for "radio frequency identification" and relates to a technique in which digital data embedded in RFID tags or smart tags is discovered by a viewer via radio waves. RFID is identical to barcoding in that the tag or label data is detected by a machine that stores the data in a database. However, RFID has several benefits over schemes that use barcode tracking software. Most remarkable is that the RFID tag data could be read outside of the field of view, while the barcodes should be connected with an optical scanner.
By Products (Tags, Readers, Software), Tags (Wafer Size, Tag type, Frequency, Application, Form Factor, Material), End User (Industrial, Transportation, Retail, Consumer Package Goods, Healthcare, Education, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Market Drivers:
Enhanced deployment of RFID in production facilities to increase productivity is contributing to the growth of the market
Enhanced using of safety & authentication implementation is boosting the growth of the market
Increase government policies is propelling the growth of the market
Heavy implementation of RFID technologies in the retail sector is driving the growth of the market
Market Restraints:
Elevated setup expenses for the RFID system is hindering the growth of the market
Compatibility of latest device with old device is restricting the growth of the market
MAJOR TOC OF THE REPORT
Chapter One: RFID Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global RFID Market Competition, by Players
Chapter Four: Global RFID Market Size by Regions
Chapter Five: North America RFID Revenue by Countries
Chapter Six: Europe RFID Revenue by Countries
Chapter Seven: Asia-Pacific RFID Revenue by Countries
Chapter Eight: South America RFID Revenue by Countries
Chapter Nine: Middle East and Africa Revenue RFID by Countries
Chapter Ten: Global RFID Market Segment by Type
Chapter Eleven: Global RFID Market Segment by Application
Get Detailed Toc @ https://www.databridgemarketresearch.com/toc/?dbmr=global-rfid-market
Global RFID Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of RFID Market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Regionally, this report categorizes the production, apparent consumption, export and import of global RFID market covering:
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Reasons for Buying this RFID Report
1. RFID market report aids in understanding the crucial product segments and their perspective.
2. Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the RFID industry.
3. Even the RFID economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.
4. This report provides a more rapid standpoint on various driving facets or controlling RFID promote advantage.
5. This worldwide RFID report provides a pinpoint test for shifting dynamics that are competitive.
Access Full Report @ https://www.databridgemarketresearch.com/reports/global-rfid-market
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: [email protected]
Browse Related Report@
Grow Light Market
Holograms Market
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Saudi Arabia Elevator and Escalator Market Analysis 2030
Saudi Arabia elevator and escalator market is valued at USD 1.1 billion in 2022 and is anticipated to reach USD 1.84 billion by 2030. Owing to the increasing demand for elevator and escalator modification and increased emphasis on enhancing metropolitan movement and transportation infrastructure. The rapid urbanization significantly impacts the expansion of the Saudi elevator and escalator market. In addition, rising demand in business and domestic structures for commercial and premium elevators and stairs, and increased government spending on building development initiatives are boosting the market growth. The Saudi government has invested USD 500 billion in 285 municipal townships for smart city projects in 2021, driven by increased demand for high-rise structures due to rapid urbanization and relocating people to metropolitan areas.
The market is poised to achieve a robust CAGR of 6.65% between 2023 and 2030. The growth is attributed to the surging demand for the modernization and enhancement of existing elevator and escalator systems, the rising trend of home automation, and smart residences. The rising need for environment-friendly and energy-efficient elevators and staircases, coupled with the burgeoning popularity of mid-rise buildings in urban areas, are the key drivers. The urbanization trend is noteworthy, with the proportion of the global population residing in cities rather than rural areas skyrocketing from 20% in 1950 to approximately 80% in 2020. Projections indicate this figure will surpass 90% by 2050. The urban population surge intensifies congestion, particularly in the commercial and public transportation sectors.
The Development of Smart Cities Augments Market Growth
Smart cities in Saudi Arabia are increasing the demand for elevators due to their high-rise buildings and integrated urban infrastructure. These cities prioritize sustainability and energy efficiency, leading to the adoption of modern and eco-friendly elevators that reduce energy consumption, ensure efficient vertical mobility for residents and workers. Eight newly planned cities, primarily situated along Saudi Arabia’s western coast bordering the Red Sea, are undergoing extensive development with an investment exceeding USD 575 billion. These projects aim to provide over 1.3 million new residential units, more than 3 million square meters of top-tier office spaces and 100,000 hotel rooms, by end of 2030.
Smart cities, including mixed-use developments and commercial complexes, require elevator solutions to optimize traffic flow and enhance accessibility. The integration of smart technologies like IoT sensors and predictive maintenance systems in elevators aligned with these technological goals, which increase the demand for intelligent elevator solutions. In Saudi Arabia, the development of smart cities drives the need for advanced, energy-efficient, and technologically integrated vertical transportation systems.
Contribution from Tourism Industry
Saudi Arabia has been promoting tourism as part of its Vision 2030 plan. The initiative has led to the construction of hotels, resorts, and entertainment complexes across the country. These hospitality and leisure facilities often feature high-rise buildings with multiple floors, increasing the demand for elevators to ensure a pleasant experience for guests. Thus, the tourist sector has contributed significantly to the expansion of the elevator and escalator market in Saudi Arabia. As the nation continues to draw more tourists, there is a greater need for modern and efficient transportation networks. Many of Saudi Arabia’s new hotels and commercial buildings are geared towards tourists, and they require sophisticated vertical transit systems to guarantee a smooth movement of people and products. As a result, there is a greater demand for elevators and escalators that are both useful and visually pleasing. Furthermore, the Saudi government is significantly investing in infrastructure development, including building airports, shopping centers, and other tourism attractions. This has resulted in a thriving market for elevators and escalators in Saudi Arabia.
Rising Demand for Commercial Buildings
Saudi Arabia’s commercial real estate sector has led to office buildings and mixed-use development, with elevators playing a crucial role in facilitating vertical transportation. Consequently, the surging demand for commercial properties in Saudi Arabia drives the elevator and escalator market forward. Commercial buildings in the region are characterized by their impressive height, contemporary architecture, and advanced amenities, necessitating sophisticated and high-performance elevator and escalator systems.
The office segment, particularly in Riyadh, the commercial epicenter, is experiencing an unprecedented surge in demand, with Grade A office space reaching an occupancy rate of 97%. Riyadh and Jeddah and the Dammam Metropolitan Area (DMA) are witnessing consistent growth in office spaces. In Riyadh, specifically, Grade A and B office spaces achieved 97% and 85% occupancy rates, respectively, in the first quarter of 2023. According to the Council of Tall Buildings Urban Habitat (CTBUH), Saudi Arabia has experienced the highest year-over-year growth rate in buildings exceeding 150 meters in height, soaring from 4% in 2008 to an impressive 37% in 2018, boasting the highest number of such tall structures.
Impact of COVID-19
The construction sector witnessed a decline due to lockdowns and social distancing measures, leading to reduced demand for elevators and escalators. As restrictions ease and construction activities resumed, the market is poised for gradual recovery. Additionally, the adoption of smart and energy-efficient elevator and escalator systems is expected to drive the future market growth. Consequently, the Saudi Arabia elevator and escalator market is forecasted to experience a moderate expansion post-COVID-19, aligning with the gradual recovery of the construction industry.
Saudi Arabia Elevator and Escalator Market: Report Scope
“Saudi Arabia Elevator and Escalator Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative & quantitative assessment of the current state of Saudi Arabia elevator and escalator market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, COVID-19 impact, opportunities, and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
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