Automotive Radar Market Report by Technology, Industry Share and Size Expansion to 2027 | Fortune Business Insights™ |
Automotive Radar Market is expected to gain momentum by reaching USD 3131.5 million by 2027. This is attributable to the increasing adoption of advanced technology to develop innovative radar for automotive and the imposition of stringent vehicle safety regulations by the government across the globe. Fortune Business Insights, in its latest report, titled, “Automotive Radar Market Size, Share & COVID-19 Impact Analysis, By Range (Short-Range, Medium-Range, Long-Range), By Application (Adaptive Cruise Control, Autonomous Emergency Braking, Forward Collision Warning System, Blind Spot Detection, Intelligent Parking Assistance), and Regional Forecast, 2020-2027.”, observes that the market stood at USD 2313.1 million in 2019 and is projected to exhibit a CAGR of 6.5% between 2020 and 2027.
COVID-19 Results in Remarkable Reduction in R&D Funding
The total halt of operations has led to massive economic losses for the automotive industry that is reeling under stagnant sales and production. This has impacted the overall industry as the government has imposed a complete lockdown to contain the spread of novel coronavirus that has led to the total shutdown of the automotive industries. This has further led to a significant reduction in funding by the major companies on their R&D activities owing to the uncertainties that lie ahead. However, the progressive government step to allow the partial working of the industrial sectors with a limited workforce and strictly adhering to the social distancing norms is expected to positively affect the market growth in the near future.
Automotive radars are prominently adopted in vehicles to detect the range and speed of the objects around it. These radars have a built-in transmitter and a receiver. The transmitter functions by sending out radio waves that hit the object and further sends back the signal to the receiver. In this way, the radar gauges the objects’ speed, distance, and direction to avoid collision and maintain the optimum safety of the passengers by alerting the driver.
What does the Report Include?
The market report includes detailed quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth. In addition to this, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. Furthermore, it includes the competitive landscape that involves leading companies and adoption of strategies by them to launch novel products, announce partnerships, and collaboration that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
DRIVING FACTORS
Increasing Government Focus to Reduce Road Fatalities to Surge Demand
The United Nations (UN) had included the 2030 Agenda for Sustainable Development that aimed at reducing 50% road injuries and deaths by 2020. Such initiatives by the government agencies is expected to boost the demand for the inclusion of safety features such as advanced automotive radar in vehicles. The automotive manufacturers are further focusing on developing technologically advanced features such as cruise control and blind-spot detection to increase the safety of the vehicle occupants. These initiatives are anticipated to bode well for the growth of the global market during the forecast period.
SEGMENTATION
Medium Range Segment Held a Largest Market Share in 2019
The medium range segment, based on range, is expected to showcase an exponential growth backed by the availability of affordable and efficient radars during the forecast period.
REGIONAL INSIGHTS
Surging Automotive Sales in Asia-Pacific to Promote Growth
Among all the regions, Asia-Pacific is expected to hold the highest position in the global automotive radar market. The region stood at USD 1456.6 million in 2019, and this dominance is attributable to the increasing sales of automotive in the region. In addition to this, the growing awareness regarding the benefits of vehicle safety systems is driving the demand for advanced automotive radar in the forthcoming years.
The market in Europe is anticipated to experience a significant growth owing to the presence of stringent vehicle safety regulations and the early adoption of advanced driver assistance systems within the automotive in the region between 2020 and 2027.
COMPETITIVE LANDSCAPE
Robert Bosch & Autoliv Focus on Launching Advanced Products to Brighten Market Prospects
The global automotive radar market is fragmented by the presence of major companies such as Bosch, Autoliv, and Continental that are focusing on introducing advanced automotive radar systems to expand their product portfolio and further boost sales revenue. The other key players are adopting strategies such as merger and acquisition, collaboration, and partnerships that are expected to contribute to the market growth in the forthcoming years.
List of the Leading Companies Profiled in the Global Automotive Radar Market are:
Key Industry Development
August 2019 – Continental AG announces the development of its new compact short-range radar that operates on a high resolution of 77 GHz range. Additionally, the company states that the advanced automotive radar offers precise detection of vehicle surroundings that include vehicular movement and speed.
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Ammunition Market Report by Technology, Industry Share and Size Expansion to 2026 | Fortune Business Insights™ |
The global ammunition market size is set to gain momentum from the increasing usage of 9mm cartridge as compared to the other calibers. It is mainly occurring because of the ongoing technological advancement, as well as its ability to perform in a versatile way. This information is provided by Fortune Business Insights™ in a recent report, titled, “Ammunition Market Size, Share & COVID-19 Impact Analysis; by Application (Military & Homeland Security, and Civil & Commercial) By Caliber (Small, Medium, and Large) By Product (Bullets, Aerial Bombs, Grenades, Mortars, Artillery Shells, and Others), By Component (Fuses& Primers, Gun Powder, Projectile, Cases, and Others) By Guidance (Guided, and Non-Guided) By Lethality (Lethal, and Less-Lethal) and Regional Forecast, 2020-2027.” The report further mentions that the global market size was USD 25.46 billion in 2019 is projected to reach USD 29.96 billion by 2027, exhibiting a CAGR of 1.71% during the forecast period from 2020 – 2027.
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Highlights of This Report:
Drivers & Restraints:
Increasing Political Unrest to Accelerate Growth
Ammunitions are majorly utilized in rifles, shotguns, and handguns with a wide range of calibers. The rising cases of mass shooting, as well as increasing terrorist activities are further resulting in the need for personal safety. It is thereby surging the demand for handguns worldwide. Apart from that, the increasing number of shooting ranges for recreational and sports activities would augment the ammunition market growth during the forecast period. Besides, the rising political unrest, increasing fear owing to stringent gun control norms, and expansion of the shooting range industry would contribute to the growth of the market.
Many Countries Ban Sales of Ammunition Owing to Covid-19 Pandemic
As per our research, in the U.S., the sales of ammunition and guns have surged since March 2020. Amongst the consumers, many of them are first-time gun buyers who fear of the sudden change in social order owing to the outbreak of the Covid-19 pandemic. Some of the other gun buyers are tensed about the fact that the U.S. government may implement stringent norms and regulations regarding the purchase of projectiles because of the spread of coronavirus infection. However, several other countries have banned the purchase of ammunition for recreational purposes and sports shooters.
Segment:
Military & Homeland Security Segment to Lead Stoked by Military Modernization Initiatives
In terms of application analysis, the market is bifurcated into military & homeland security and civil & commercial. Amongst these, the military & homeland security segment held 65% ammunition market share in 2019. It is likely to remain at the forefront in the coming years backed by the rising demand for munitions from the military forces worldwide owing to increasing upgradation initiatives, cross border conflicts, and political unrest in various countries.
Regional Analysis-
Increasing R&D Activities to Favor Growth in North America
In terms of geography, North America generated USD 13.76 billion revenue in 2019 and is set to be the largest market in the near future. This growth is attributable to the rising adoption of innovative projectile in the U.S. Army.
Besides, the rising government expenditure on research and development activities would aid growth. Coupled with this, the rising insecurity amongst the populaces owing to the outbreak of Covid-19 pandemic is surging the sales of guns in this region. It would also augment growth. In Asia Pacific, the market is likely to grow significantly fueled by the expansion of the military forces in countries, such as South Korea, India, and China. Additionally, an upsurge in the military upgradation program and high defense expenditure would bolster growth in this region.
Competitive Landscape-
Key Players Aim to Receive New Orders for Strengthening Their Positions
The prominent companies operating in the market are mainly engaging in research and development activities to launch new multi-purpose and lightweight lethal munitions. They are also focusing on bagging new orders from the government agencies and other regulatory bodies to strengthen their positions.
Fortune Business Insights™ lists out the names of all the manufacturers present in the Ammunition Market. They are as follows:
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Below are two of the significant industry developments:
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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Food Enzymes Market Size, 2020 Industry Share and Global Demand | 2027 Forecast by Fortune Business Insights™ |
The global ''food enzymes market'' size is expected to rise considerably owing to extensive adoption of clean-labeled and natural ingredients in food & beverage industry. Fortune Business Insights, in its latest report, titled “Food Enzymes Market Size, Share & Industry Analysis, By Source (Microbes, Plants, and Animals), Type (Carbohydrases, Proteases, Lipases and Others), Application (Bakery, Dairy, Beverages, Nutraceuticals and Other Processed Foods), and Regional Forecast, 2020 – 2027.”, further observes that the market value stood at USD 1,695.65 million in 2019, which is likely to hit USD 2,393.64 million by 2027, while exhibiting a 4.70% CAGR during the forecast period.
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
List of the Key Companies Operating in the Food Enzymes Market are:
What does the Market Report Include?
The market report includes an exhaustive study of several factors such as drivers, restraints, challenges, and opportunities that will affect the growth of the market in the forthcoming years. The report covers regional demographics that include qualitative and quantitative information about the regions that are further divided into nations that are contributing to the growth of the market between 2019 and 2026. Furthermore, the competitive landscape has been discussed in-depth that include information of several players operating in the market. Moreover, information on the adoption of strategies such as merger and acquisition, collaboration, partnerships, and joint ventures by the companies that will drive the growth of the market has been included during the projected horizon.
Food enzymes play an important role in sustaining life as all the biological reactions occurring within the human cells depend on them. In addition to this, they break down large molecules of proteins, fats, and proteins into a smaller fragment of molecules that can be easily absorbed by the small intestine within the human body. It is to note that without enzymes, the body would find it difficult to digest food while leading to food intolerance. Therefore, enzymes are vital and promote proper food digestion and work well to relieve certain stomach disorders such as irritable bowel syndrome (IBS).
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Метки: Food Enzymes Market |
Graphene Market Report by Technology, Industry Share and Size Expansion to 2027 | Fortune Business Insights™ |
Graphene Market size is expected to gain momentum by reaching USD 2,864.1 million by 2027 while exhibiting an astounding CAGR of 39% between 2020 and 2027. This is attributable to the increasing demand for sustainability solutions and the rising aviation sectors across the globe.
Fortune Business Insights, in its latest report, titled, “Graphene Market Size, Share & COVID-19 Impact Analysis, By Product (Graphene Oxide (GO), Graphene Nanoplatelets (GNP), Others), By End-Use (Electronics, Aerospace & Defense, Automotive, Energy, Others), and Geography Forecast, 2020-2027.” The report further mentions that the market stood at USD 225.1 million in 2019 and is projected to rise in the forthcoming years.
Increasing Adoption of Graphene Products amid COVID-19 to Favor Growth
The novel coronavirus has led to disruptions amongst several global economies owing to a complete halt in operations and activities to contain the spread of the disease. There has been a spike in the demand for antibody-conjugated graphene sheets that accurately detect the virus and are adopted for population screening. Owing to multiple benefits provided by the product, it is being extensively adopted across several industrial applications that are expected to contribute to the growth of the market.
Graphene is primarily a single layer of carbon atoms that are tightly bound in a hexagonal honeycomb mesh. They are widely adopted in several industrial applications such as automotive, energy & power, and aerospace. They further posses several attributes such as light-weight, high tensile strength, and good conductor of heat. Additionally, they provide sustainable solutions to an array of applications that propels their demand across several industries globally.
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth. In addition to this, the report provides insights into the regional analysis and discusses the performance of the market in major regions across the globe. It includes the competitive landscape that involves leading companies and the strategies adopted by these companies which have resulted in the introduction of several new products as well as major company collaborations. The research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
DRIVING FACTORS
Rising Aviation Sector to Promote Growth
The increasing global population and high disposable income are expected to propel the demand for air travel. The increasing air leisure activities are surging the demand for travel through private jets, planes, and helicopters. Owing to its ability to improve the composites and coatings adopted in planes, spaceships, and drone manufacturing, graphene is revolutionizing the aerospace industry. Additionally, the growing concerns on reducing carbon emissions are propelling the aircraft manufacturers to adopt graphite products largely. For instance, the government in the U.K has developed a long term Aviation 2020 strategy that aims to achieve a secure, safe, and sustainable aviation sector. Therefore, the increasing focus to provide sustainable solutions in the rising aviation sector will favor the growth of the global market during the forecast period.
SEGMENTATION
Aerospace & Defense Segment Held a Market Share of 22.87% Backed by Increasing Focus on Fuel Efficiency in Aircraft
The aerospace & defense segment, based on end-use, held a market share of 22.87% in 2019 and is expected to showcase a significant growth owing to the increasing adoption of the product to reduce carbon emissions and improve fuel efficiency in aircraft.
REGIONAL INSIGHTS
Europe to Remain at the Forefront; Increasing Demand for Electric Vehicles to Aid Growth
Among all the regions, the market in Europe is expected to remain dominant and hold the highest position in the global market during the forecast period. This dominance is attributable to the increasing demand for electric vehicles owing to stringent environmental regulations in the region. North America stood at USD 63.2 million in 2019 and is expected to experience an exponential growth in the forthcoming years. This is ascribable to factors such as the presence of several small and medium scale manufacturers in countries such as the U.S. between 2020 and 2027.
COMPETITIVE LANDSCAPE
Collaboration between Major Companies to Consolidate Their Market Positions
The market is highly fragmented by the presence of major companies such as XG Sciences, Grolltex, Inc, Graphenea, Inc, and AMO GmbH, among others. These companies are collaborating with each other to improve the quality of products and strengthen their position to gain a competitive edge in the global marketplace. Other key players are adopting strategies such as partnership, the introduction of a new product, and merger and acquisition that is anticipated to favor the global graphene market growth in the forthcoming years.
List of the Leading Companies Operating in the Graphene Market are:
Industry Development:
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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Toothbrush Market Growth by Size 2020 - Opportunities by Regions, Emerging Demand Status, Development Share, Progress Status, Key Technologies Forec |
The global toothpaste market size is projected to reach USD 21.99 billion by 2027, exhibiting a CAGR of 3.4% during the forecast period. The growing availability of vegan toothpaste will play an instrumental role in augmenting the potential of this market, observes Fortune Business Insights™ in its report, titled “Toothpaste Market Size, Share & COVID-19 Impact Analysis, By Type (Teeth Whitening, Herbal, Sensitive Teeth, and Others), End-User (Adults and Children), and Distribution Channel (Supermarket/Hypermarket, Convenient Stores, Pharmaceutical & Drug Stores, and Online), and Regional Forecast, 2020-2027”. The number of vegans is steadily expanding as awareness about animal cruelty in the consumer goods industry is spreading rapidly. To capitalize on these new dynamics, several paste makers are developing and launching products specifically targeted towards vegans. For example, Australia-based Desert Essence developed the Tea Tree Oil & Neem Wintergreen toothpaste that contains extracts from the Neem tree, an evergreen tree native to India. These extracts make breath feel fresher, fight mouth bacteria, and whiten teeth, while the tea tree oil’s antiseptic properties prevent gingivitis. Most importantly, the product does not contain any animal ingredients and has not been lab-tested on animals.
Similarly, JASON’s Sea Fresh comprises silica, calcium carbonate, and bamboo powder to whiten teeth, while the sea salt and blue algae aid in strengthening the gums and teeth. This also does not consist of any animal extracts or testing. The increasing uptake of vegan pastes, therefore, opening new growth avenues for this market.
According to the report, the value of the market stood at USD 17.75 billion in 2019. The salient features of the report include:
List of Key Companies Profiled in the Toothpaste Market Report:
Competitive Landscape
Strategic Acquisitions by Large Companies to Intensify Market Competition
Large players in this market are strategically acquiring smaller companies to deepen their hold on the market’s competitive landscape. These acquisitions are enabling key players to expand their portfolios and leverage the distribution channels of the acquired companies to broaden their customer base.
Market Opportunity
Increasing Importance of Oral Hygiene amid COVID-19 to Create New Opportunities
The outbreak of the COVID-19 pandemic has reiterated the importance of maintaining good hygienic practices, especially oral hygiene. A few studies published in various distinguished journals have provided empirical evidence of the significance of dental prophylaxis in mitigating the SARS-CoV-2 infection.
For example, a study published in the British Dental Journal in April 2020 revealed that patients afflicted by the severe form of COVID-19 had associated inflammatory markers and bacteria in the mouth, providing strong evidence that poor dental health is a risk factor for COVID-19. Another study published in Expert Opinion on Biological Therapy noted that mucosal vaccines for the coronavirus, which have proven to be exceptionally effective for MERS, will necessitate good oral health. Toothpaste are essential in maintaining dental health and the toothpaste market growth is likely to get stoked amid the current pandemic as the seriousness of oral hygiene gets heightened among consumers.
Regional Insights
Rising Influence of Domestic Brands to Boost the Market in Asia Pacific
At USD 6.42 billion, Asia Pacific dominated the toothpaste market share in 2019 owing to the strong presence and rising influence of domestic brands such as Dabur in the region. Furthermore, consumers in the region are adopting novel teeth care products and dental powders and liquids on account of increasing incomes and rapid urbanization.
Europe is expected to emerge as a leading region in the market owing to the high consumption of coffee, which contains ingredients that can have adverse effects on oral hygiene. As a result, the demand for these pastes, especially vegan toothpastes, is on the rise in the continent. In North America, expensive dental care systems in the US is nudging people to take adequate care of their teeth, thus fueling the demand for this product in the region.
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Key Industry Developments:
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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Thermal Spray Coatings Market Size Analysis, Share, Growth Potential to 2026 | Research Report by Fortune Business Insights™ |
Thermal Spray Coatings Market size is expected to showcase an exponential growth by reaching USD 17.63 billion by 2027. This is attributable to the growing aerospace industry and the increasing demand for weight reduction in aircraft to improve performance and fuel efficiency that propels the demand for innovative thermal spray coatings across the globe.
Fortune Business Insights, in its latest report, titled, “Thermal Spray Coatings Market Size, Share & COVID-19 Impact Analysis, By Material (Ceramic, Metal & Alloy, Polymer, Intermetallic, and Others), By Technology (Flame Spray, High-Velocity Oxygen Fuel (HVOF) Spray, Electric Arc Spray, Plasma Spray, Cold Spray, and Others), By Application (Aerospace, Industrial Gas Turbine, Automotive, Medical, Paper & Printing, Oil & Gas, Steel, and Others), and Regional Forecast, 2020-2027.”, observes that the market stood at USD 10.23 billion in 2019 and is projected to exhibit a CAGR of 7.8% between 2020 and 2027.
Limited Supply of Raw Materials Affecting Vertical End-user amid COVID-19
The global pandemic has to lead to a complete halt in industrial activities across the globe. This is resulting in the shortage of raw materials supply experienced by the vertical end-users that is expected to create a shortfall in the demand to some extent. However, the growing demand for thermal spray technology by the healthcare industry is expected to brighten the market prospects and mitigate economic loss suffered by the market in the forthcoming years.
List of the Leading Companies Profiled in the Global Thermal Spray Coatings Market are:
These spray coatings are generally adopted to either restore or improve the surface of wide range of materials. These coatings prevent the surface from erosion, abrasion, corrosion, wear and tear, and heat, among other external factors. Owing to their several benefits, they are widely adopted across several industrial applications such as automotive, aerospace, and oil & gas.
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth. In addition to this, the report provides insights into the regional analysis. It includes the competitive landscape that involves leading companies and novel products as well as major collaborations. The research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
DRIVING FACTORS
Increasing Adoption of Thermal Spray Coatings in Aerospace to Favor Growth
The growing demand to improve fuel efficiency and performance of aircraft is driving the demand for innovative spray coatings of thermal type across the aerospace industry. These coatings protect turbine blades of engines from extreme temperatures while ensuring high reliability of the components for longer duration. In addition to this, the increasing refurbishment activities to replace old components of the aircraft are expected to propel the demand for these coatings across the globe. Therefore, the growing aerospace sector backed by rising travel globally is expected to drive the global market in the forthcoming years.
SEGMENTATION
Ceramic Segment Held a Major Market Share in 2019
The ceramic segment, based on material, held a major market share in 2019 and is expected to experience exponential growth owing to the increasing adoption of ceramic coatings by the biomedicine industry across the globe.
REGIONAL INSIGHTS
North America to Remain Dominant; Growing Aviation Sector in North America to Surge Demand
Among all the regions, North America is expected to remain at the forefront and hold the highest position in the global market in the forthcoming years. This domination is attributable to the growing aviation sector that is driving the demand for advanced thermal spray coating to improve aircraft efficiency and prevent the components from corrosion. The region stood at USD 3,217.6 million in 2019.
The market in Europe is anticipated to experience a significant growth backed by the increasing adoption of these spray coatings over hard chrome coatings owing to stringent government regulations in the region between 2020 and 2027.
COMPETITIVE LANDSCAPE
Major Companies Focus on Investments in R&D Activities to Brighten Market Prospects
The global thermal spray coatings market is fragmented by the presence of the small, medium, and large companies that are focusing on investing in developing advanced thermal spray coatings to leverage the rising demand from the aerospace and automotive sector. The adoption of strategies such as merger and acquisition, collaboration, and partnership by key players is further expected to boost the prospects of the market in terms of revenue during the forecast period.
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Key Industry Development:
June 2020 – Flame Spray Spa, an Italian thermal spray coatings specialist, announced its investment in QIH 122 M URC Hot Isostatic Press (HIP) by Quintus Technologies. According to the company, the purchase is meant to cater to the growing demand for heat treatment and the densification of aerospace parts and other components.
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
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Метки: Thermal Spray Coatings Market |
Commercial Vehicle Market Business Growth Drivers and Restraints Created by COVID-19 Outbreak | Finds Fortune Business Insights™ |
Commercial Vehicle Market size is projected to reach USD 621.1 billion by the end of 2027. The increasing IT sector and rapid industrialization across the globe will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Commercial Vehicle Market Size, Share & COVID-19 Impact Analysis, By Vehicle Type (Light Commercial Vehicle, Heavy Commercial Vehicle, and Buses & Coaches), By Power Source (Gasoline, Diesel, HEV / PHEV, Battery Electric Vehicle (BEV), Fuel Cell Vehicle) and Regional Forecast, 2020-2027” the market was worth USD 748.6 billion in 2019 and will exhibit a CAGR of -2.3% during the forecast period 2020-2027.
A commercial vehicle is used for transportation of goods or to carry passengers. Accounting to the rising daily commute rate and increasing long-distance transportation and trade activities, there is a massive demand for commercial type of vehicles across the world. The presence of several large scale companies in several countries across the world has resulted in healthy market competition. Thus, SMEs are finding it difficult to operate seamlessly. As large scale companies hold the privilege to acquire smaller companies as well as other large scale companies, SMEs look to implement newer strategies that will help them attract a wider consumer base. Although the market looks set to perform well in the long run, there surely are a few short term hurdles, mainly due to the pandemic.
Decline in Product Sales to have a Severe Impact on Market Growth during the Covid-19 Pandemic
The recent coronavirus outbreak has had a negative impact on several businesses across the world. With unified efforts taken to curb the spread of the disease, businesses across the world have been compelled to shut down. The measures taken to minimize the impact of the disease will ultimately affect several manufacturing units, with strict measures forcing people to stay indoors. The commercial vehicle sector is among the few industries that have been hit the most among all industries during the Coovid-19 pandemic. With social distancing practices implemented across the world, commercial vehicle businesses have dramatically gone down and it will be a while until we may see newer variants at a similar pace to that in the past few years.
Company Mergers are an Increasing Trend Among Major Companies in the Global Market
The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of company mergers and acquisitions, as well as collaborations, has made the highest impact on the growth of the market. Accounting to increasing market competition, it is observed that major companies are benefiting from collaborations and joint ventures. In July 2019, Daimler announced that it has entered into a strategic partnership with BMW for developing new technology for automatic parking as well as a driver assistance system on highways. This partnership will also help the companies to achieve a higher level of automation in urban centers. The increasing number of company mergers and acquisitions will have a massive impact on the growth of the global market in the coming years.
North America to Emerge Dominant; Increasing Production of Commercial Vehicles will Bode well for Market Growth
The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is projected to emerge dominant in the coming years. The presence of several large scale companies in this region will have a direct impact on the growth of the regional market. The increasing adoption of these vehicles is attributable to the increasing application of the product across diverse industries. As of 2019, the market in North America was worth USD 332.9 billion and this value is projected to rise at a considerable pace in the coming years. The market in Asia Pacific will derive growth from the rising population and the use of commercial vehicles as a medium for the daily commute.
List of the Leading Companies Profiled in the Global Commercial Vehicle Market are:
Industry Developments:
April 2020: The Volvo Group and Daimler Truck AG announced that they have formed a new joint venture. This collaboration is aimed at the development and production of commercializing advanced fuel cell systems for heavy commercial vehicle applications.
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Vehicle Access Control Market Size, 2020 Industry Share and Global Demand | 2027 Forecast by Fortune Business Insights™ |
The global vehicle access control market is set to gain momentum from the increasing adoption of standardized interface technologies by reputed manufacturers, such as Hyundai, BMW, and Honda. These technologies surge the commercial viability of passive vehicle access control systems, as well as enable greater convenience for consumers. This information is given by Fortune Business Insights™ in a new study, titled, “Vehicle Access Control Market Size, Share & Industry Analysis, By Type (Biometric System, Non-Biometric System), By Technology (RFID, NFC, Bluetooth, Others), By Vehicle Type (Passenger Car, Commercial Vehicle) and Regional Forecast, 2020-2027.” The study further mentions that the vehicle access control market size was USD 9.61 billion in 2019 and is projected to reach USD 12.45 billion by 2027, exhibiting a CAGR of 6.6% during the forecast period.
COVID-19 Pandemic: Rising Focus on Reducing Innovation Funding May Hamper Demand
The emergence of the COVID-19 pandemic has taken a toll on the automotive industry by declining global demand, disrupting supply chains, and closing of assembly plants. The elimination of various passenger cars and commercial vehicles is set to affect the ability of car makers to invest in research and development activities. Besides, the pandemic has compelled manufacturers to focus on reducing innovation funding and managing day-to-day cash flow. Our detailed research report will help you take the right decision by gaining more insights into the current scenario of the vehicle access control industry.
This Report Answers the Following Questions:
Drivers & Restraints-
Increasing Need to Reduce Vehicle Thefts will Favor Growth
Vehicle theft is a serious problem to tackle with nowadays. The National Insurance Crime Bureau (NICB) published an in-depth report in March 2019 that showcases a 56 percent rise in vehicle thefts over the 147,434 vehicles stolen between the period of January 2013 and December 2015. Besides, in the U.S., the number of vehicle thefts by using fobs or keys increased to 229,339 between January 2016 and December 2018. Novel techniques, such as fingerprint authorization and facial recognition, as well as keyless car entries would be able to boost vehicle security. This, in turn, can lessen the number of vehicle thefts. These factors are set to propel the vehicle access control market growth in the coming years.
However, perfectly keyless systems and biometric access would surge design complexities and component requirements. Hence, it would require high manufacturing and installation cost, which, in turn, is likely to obstruct the demand for vehicle access control systems.
Segment-
NFC Segment to Grow Significantly Backed by its Ability to Prevent Relay Attacks
Based on technology, the NFC segment generated 3.97% in terms of the vehicle access control market share in 2019 and is expected to grow significantly throughout the forthcoming years. This growth is attributable to its cost-effectiveness that enables manufacturers to develop card-based vehicle access control or NFC-based smartphones for mainstream vehicles. This technology can also prevent relay attacks.
Regional Analysis-
High Demand for Electronic Immobilizers & Keyless Entry to Spur Growth in North America
Geographically, in 2019, North America procured USD 3.47 billion in terms of revenue. The region is characterized by the rising popularity of unique solutions, such as remote ignition disablers and stolen vehicle assist. Also, the increasing cases of vehicle thefts is surging the demand for keyless entry and electronic immobilizers in this region.
Asia Pacific, on the other hand, is anticipated to exhibit a higher CAGR in the near future stoked by the increasing awareness programs regarding the beneficial properties of vehicle access control solutions. In addition to that, the rising demand for high-end automobiles and the increasing production of vehicles would enhance growth in this region.
Competitive Landscape-
Key Players Focus on R&D Activities to Develop Secure Vehicle Access Control Solutions
The market for vehicle access control is fragmented. Most of the companies are aiming to increase their research and development initiatives for creating novel and highly secure solutions. Apart from that, some of the others are focusing on strategic partnerships to gain a competitive edge in the market. Below are the two latest industry developments:
A list of all the renowned vehicle access control operating in the global market:
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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Electronic Flight Bag Market Size, 2020 Industry Share and Global Demand | 2026 Forecast by Fortune Business Insights™ |
The global ''electronic flight bag market'' size is predicted to reach USD 5,426.7 million by 2027, exhibiting a CAGR of 15.17% during the forecast period. The growing number of commercial aircraft deliveries will have a positive impact on this market growth during the forecast period, states Fortune Business Insights, titled “Electronic Flight Bag Market Size, Share & COVID-19 Impact Analysis, By Type (Portable (Class 1and Class 2) and Installed), By Component (Hardware and Software), By Platform (Commercial and Military), and Regional Forecast,2020-2027” the market size stood at USD 4,452.2 million in 2019.
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Market Driver:
Rising Adoption of EFB Solutions to Boost Growth
The growing implementation of advanced EFB solutions has led to improved efficiency and reduced operational costs in airlines. Jeppesen, an America software company announced the launch of a suite of EFB solutions. The advanced EFB tools and data communication enables aircraft connectivity, reduces flight plan production, distribution, and storage costs by entirely digitizing the flight briefing process. The surge air travel passengers will subsequently create growth opportunities for the market during the forecast period. The rising demand for technologically advanced next-generation aircraft will foster the growth of the market in the forthcoming years. Moreover, the growing concerns regarding safety and real-time access to information will consequently enable healthy growth of the market. In addition, the introduction of innovative EFB software by major companies will contribute positively to the growth of the market during the forecast period. For instance, Thales Group designed an unveiled an EFB hardware integrated with the Aviobook software suite. The new software enables a seamless connection to the avionics suite through an Aircraft Interface Device (AID).
Market Restraint:
Coronavirus Pandemic to Impede Market Potential
The COVID-19 pandemic has deleteriously impacted the global market. The decline is new aircraft deliveries during the pandemic will restrict the expansion of the market. The drop-in production and delivery by major aircraft manufacturers such as Airbus SAS and The Boeing Company will obstruct the development of the market. The disruption in the supply chain of electronic flight bags will hinder the overall production and distribution of EFB units. However, newer guidelines by numerous government organizations around the world will aid in the recovery of the global market.
Regional Analysis:
Presence of Major Players to Augment Growth in North America
The market in North America stood at USD 1,642.4 million and is predicted to rise tremendously during the forecast period. The growth in the region is attributed to the launch of efficient EFB systems in the region. Asia Pacific is likely to witness a substantial growth rate during the forecast period owing to the surge in aircraft fleet in emerging nations such as China and India. Europe is predicted to hold the largest share in the global market owing to the increasing investment in the development of advanced cockpit. The rising necessity for accurate in-flight operation manuals will spur opportunities for the market in the region during the forecast period. Besides, the development of advanced flights will subsequently propel the market in the forthcoming years.
Key Development:
February 2018: Tunisair, the national carrier of Tunisia, signed an agreement to integrate Jeppesen Aviator services on iPad for all its flight operations. The tools provided by Jeppesen Aviator will simplify complex data access on the ground and in the air while also enabling efficient flight operations.
The Report Lists the Main Companies in the Electronic Flight Bag Market:
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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Used Cooking Oil Market Growth by Size 2020 - Opportunities by Regions, Emerging Demand Status, Development Share, Progress Status, Key Technologies |
Used Cooking Oil Market size is projected to reach USD 8.48 billion by the end of 2027. The presence of several large scale UCO refineries will have a massive impact on the growth of the overall market. According to a report published by Fortune Business Insights, titled “Used Cooking Oil Market Size, Share & COVID-19 Impact Analysis, By Source (Food Services and Households), Applications (Industrial Usage, Animal Feed & Others), and Regional Forecast, 2020-2027,” the market was worth USD 5.50 billion in 2019 and will exhibit a CAGR of 6.0% during the forecast period 2020-2027.
Used cooking oil can be put to several applications across diverse industry verticals. With the gradual, yet serious depletion of natural resources that are non-renewable, there has been a severe need for recycling and sustainable product use. The amount of cooking oil that is wasted globally has resulted in the need for recycling the product for further use.
The rise of the food and beverage industry across the world has led to the massive consumption of the product. Technological advancements have made it possible for the recycling of UCO and also allowed applications such as domestic use. The rising awareness regarding environmental pollution and depletion of non-renewable resources has emerged in favor of the growth of the overall market in the coming years.
Reduced Consumption of Restaurant and Fast Foods during the Covid-19 Pandemic will Restrict Market Growth
The recent coronavirus outbreak has created a sense of panic across the world. With several major countries implementing strict measures to curb the spread of the disease, businesses across all sectors have been affected. With measures such as lockdowns and social distancing practices adopted in almost all countries, SMEs as well as large scale businesses have found it hard to operate seamlessly. The reduced consumption of restaurant foods has been daunting to businesses in the food and beverage sector. Thus, manufacturers in the UCO market have found it difficult of late to find ways of generating revenues or even sustain current challenges.
Global Number for Company Collaborations is Rising; Analysts Attributing the Stat to Rising Demand for Sustainable Energy
The report encompasses several factors that have contributed to the growth of the overall market in recent years. Accounting to the increasing demand for sustainable product use, there have been several company collaborations in the global used cooking oil market in the past few years. Major businesses are looking to collaborate with tech companies that are loaded with resources that can extract and process UCO for applications in diverse industries.
In May 2020, SPAR announced that it has partnered with E&P UCO Recycling. The collaboration is aimed at reducing the impact of disposed cooking oil in sewer and drainage. The efforts taken to minimize the effects of UCO as well as maximize the applications of UCO are consequential to the rising demand for sustainable energy use. Increasing number of such company collaborations will bode well for the growth of the overall market in the coming years.
Europe Accounts for Largest Market Share; Increasing Government Initiatives Towards Promoting Use of UCO will Bode well for Market Growth
The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Europe holds the largest market share. The massive investments in technological intervention by large scale companies towards the integration of UCO refineries will emerge in favor of the growth of the regional market. The presence of several large scale UCO processing refineries will also contribute to market growth. As of 2019, the market in Europe was worth USD 2.84 billion and this value is projected to rise at a considerable pace in the coming years.
List of the Leading Companies Profiled in the Global Used Cooking Oil Market are:
Industry Developments:
March 2020: Neste announced that it has completed the acquisition of Mahoney Environmental, a US-based collector and recycler of cooking oil. This acquisition is aimed at creating a global waste and residue raw material platform that can fulfill the growing demand for renewable products.
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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Weather Radar Market Size Analysis, Share, Growth Potential to 2027 | Research Report by Fortune Business Insights™ |
Weather Radar Market is expected to gain impetus from the increasing need of safe and comfortable flights. Australia, for instance, currently possesses 60 weather radars. But, it is planning to install more of those in the coming years.
Fortune Business Insights™ in a new report, titled, “Weather Radar Market Size, Share & COVID-19 Impact Analysis, By Platform (Airborne and Land-Based), By Component (Transmitter, Antennas, Receiver, Display), By Application (Meteorology & Hydrology, Aviation Industry, Military), and Regional Forecast, 2020-2027” The report further states that the market size was USD 233.1 million in 2019 and is projected to reach USD 261.4 million by 2027, exhibiting a CAGR of 4.92% during the forecast period.
The shutdown of Airports & Decline in Travel amid COVID-19 to Hamper Growth
The outbreak of the COVID-19 pandemic across the globe is taking a toll on the aviation industry. Hence, several component manufacturers are facing severe monetary losses, as well as disruptions in supply chains. This has further resulted in a decline in aircraft deliveries. As airports are shut down, the owners are postponing or canceling the purchase of new tools and equipment to control air traffic. These factors would obstruct the demand for these radars. But, our reports would help you gain a competitive edge in the market by selecting the right strategy.
List of the Leading Companies Profiled in the Global Weather Radar Market are:
Drivers & Restraints
Increasing Aircraft Deliveries to Accelerate Growth
There is a surging demand for airborne weather radars as they help in assisting the passengers, crew, and pilots regarding the weather conditions. This way, they can avoid entering in the harsh weather zones. Also, the increasing aircraft deliveries would drive the weather radar market growth in the near future. This would mainly occur on account of the improvements of economic conditions in various developing nations. It is, in turn, set to increase the demand for air travel. Reputed airliners are therefore looking for broadening their fleet. However, these radars are only capable of detecting the presence of liquid. This drawback may hinder growth.
Highlights of This Report:
Segment
Aviation Industry Segment to Lead Stoked by Rising Expenditure in Various Applications
Based on application, the market is segregated into military, aviation industry, and meteorology & hydrology. Out of these, the aviation industry segment is anticipated to lead throughout the forthcoming years by procuring the largest weather radar market share. This growth is attributable to the increasing expenditure in the development of air traffic control, airports, and aircraft applications.
Regional Analysis
Rising Climate Fluctuations to Favor Growth in Asia Pacific
Geographically, North America is likely to dominate in the coming years. The region held USD 82.8 million in terms of revenue in 2019. The U.S. is considered to be the most significant contributor to growth as it is a major hub for aircraft production. Asia Pacific is set to be the fastest-growing region because of the increasing climate fluctuations.
Competitive Landscape
Key Players Focus on Receiving New Orders to Strengthen Positions
Several market players are engaging in new product development, acquisitions, and contracts to strengthen their positions. Most of them are persistently trying to bag new orders from regulatory bodies across the globe to deliver their in-house weather radars.
Below are two significant industry developments:
March 2020: The U.S. Air Force awarded a contract to EWR Radar Systems, a provider of radar technology based in Kirkwood. As per the contract, the company will deliver 22 portable Doppler weather radar systems. The contract is worth USD 20.7 million.
June 2018: The Agency for Air Navigation Security in Africa and Madagascar gave a contract to Selex ES GmbH for providing five X-Band weather radar systems. They will soon be installed at five airports in Africa.
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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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Electric Fencing Market Report by Technology, Industry Share and Size Expansion to 2026 | Fortune Business Insights™ |
Electric Fencing Market is expected to showcase an exponential growth by exhibiting a CAGR of 5.71% between 2020 and 2027. This growth is attributable to the increasing adoption of this fencing by the farmers to protect their livestock from wild animals. Additionally, the adoption of technology by the companies is expected to boost the demand for these products globally.
Fortune Business Insights, in its latest report, titled, “Electric Fencing Market Size, Share & COVID-19 Impact Analysis, By Type (Permanent Fence and Portable Fence), By Application (Agriculture, Wild Animals, Pets, Security, and Others), and Regional Forecast, 2020-2027,” mentions that the market stood at USD 349.6 million in 2019 and is projected to reach USD 438.4 million by 2027.
COVID-19 Impacts the Global Defense Budgets
According to the World Bank Forecast, the global economy is expected to shrink by 5.2% in 2020 that hints at the deepest recession since World War 2. Owing to the shrinking GDP and a falling economy as a result of the novel coronavirus, there is a major reduction in the defense budget across the globe. This is expected to hinder the market to some extent. However, collective efforts to contain the spread of the disease are expected to drive the market back to normalcy. Additionally, the growing concerns over territorial intrusion are driving the nations to upgrade their defense system that is expected to drive market growth in the near future.
Electric fencing is a type of barrier that prevents animals and humans to enter the restricted area. These fencings give a mild electric shock that causes discomfort to the subject and deters him from entering the prohibited region. Today, electric fences are majorly used for defense and agricultural purposes. Additionally, they are used for surveillance in high-security areas such as prisons and military installations. With the advancement in technology, the manufacturers are focusing on producing innovative products that include solar-powered electric fencing that is gaining popularity across the globe.
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Метки: Electric Fencing Market |
Off-Highway Vehicle Engine Market Size, 2020 Industry Share and Global Demand | 2027 Forecast by Fortune Business Insights™ |
Off-Highway Vehicle Engine Market size is projected to reach USD 15,809 million by 2027, exhibiting a CAGR of 7.1% during the forecast period. Implementation of agriculture mechanization programs in developing nations will act as a powerful growth driver for this market.
Fortune Business Insights™ in its report, titled “Off-Highway Vehicle Engine Market Size, Share & COVID-19 Impact Analysis, By Power Output (HP) (Construction: Less than 100, 101-200, 201-400, More than 400; Agriculture: Less than 30, 31-50, 51-80, 81-140, More than 140), By Fuel Type (Diesel, Gasoline, Others), and Regional Forecast, 2020-2027”. Developing economies are heavily dependent on agriculture, and with their growing populations, the need for high farm yield is dire. To meet this challenge, governments and international organizations have been initiating various schemes to promote mechanization in the agriculture sector.
For example, in India, under the Sub-Mission on Agricultural Mechanization, the government released INR 553crore to state governments in August 2020 to boost inclusive growth and productivity in agriculture through mechanization. Similarly, in Africa, the African Union is aggressively promoting the adoption of sustainable mechanization across the continent under its Comprehensive Africa Agriculture Development Program. Off-highway vehicles such as tractors and harvesters are thus expected to play a pivotal role in augmenting agricultural productivity in these regions.
According to the report, the global market value stood at USD 12,509 million in 2019. The report also offers the following:
Market Driver
Increasing Focus on Sustainable Engines to Feed Market Growth
With traditional diesel engines used in heavy equipment emerging as major polluters, off-highway vehicle engine manufacturers are focusing on developing sustainable engines. For example, in April 2020, Komatsu Mining Corp. field tested its P&H 2650CX Hybrid Shovel, which exhibited the machine’s ability to lower fuel consumption by 40-50% compare to hydraulic excavators, while retaining its production capacity. Some companies are also innovating new technologies to optimize electrification of electric and hybrid vehicles in agriculture.
Danfoss Editron, for instance, launched a novel 3D configurator in February 2020 that enables users to design their own electric or hybrid engine, including choices of drivetrain models and battery packs, as per individual requirements. Introduction of smart technologies in engine designing is thus expected to boost the off-highway vehicle engine market growth.
Regional Insights
Asia Pacific to Hold Lion’s Share on the Back of Massive Infrastructural Development Projects
Asia Pacific dominated the off-highway vehicle engine market share in 2019 with market size of USD 8,754.0 million and the region is expected to lead the market during the forecast period as well. The major reason for the region’s commanding position is the large-scale infrastructure development projects being initiated in the region, such as India’s Bharatmala and Sagarmala projects and China’s Shanghai Urban Rail Transit Expansion.
In Europe, the primary growth drivers will be the surging demand for commercial construction activities and rising uptake of heavy-duty agricultural machinery. On the other hand, the market in North America is anticipated to perform impressively owing to increasing government expenditure on municipal infrastructures.
Competitive Landscape
Strategic Investments in Heavy-Duty Electric Vehicles to Heat up Competition
Major companies in the market are tuning their strategies to align their offerings with the growing demand for electrified heavy-duty vehicles used in core sectors such as agriculture and construction. This strategy by key players is aimed at future-proofing their products in light of the heightening need for fuel- and energy-efficient machines and vehicles.
List of Key Players Covered in the Off-Highway Vehicle Engine Market Report:
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Industry Developments:
September 2020: Proterra introduced the H Series battery packs, its customizable energy storage system for heavy-duty commercial vehicles. The new battery pack is narrow and compact, allowing it to be fitted comfortably into standard truck frame rails along with increased flexibility.
March 2020: Komatsu released its PC30E-5 electric mini excavator in Japan, expanding its portfolio of electric forklift trucks and hybrid construction machinery. The excavator delivers the same output as a conventional internal combustion engine, while having zero exhaust emissions and significantly lower noise levels.
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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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Метки: Off-Highway Vehicle Engine Market |
North America Hand Sanitizer Market Top Manufacturers Analysis, Size Report and Growth Forecast to 2027 |
North America Hand Sanitizer Market size is expected to reach USD 1,379.4 million by 2026, exhibiting a CAGR of 7.1% during the forecast period. The increasing prevalence of contagious viruses and diseases, like coronavirus, influenza, and Norovirus will spur demand for hand sanitizers, in turn, favoring the growth of the market, states Fortune Business Insights, in a report, titled “North America Hand Sanitizer Market Size, Share & COVID-19 Impact Analysis, By Product Form (Foam, Gel, Spray, and Others), Type (Alcohol-Based Sanitizer and Alcohol-Free Sanitizer), End-User (Schools, Restaurants, Hospitals, Households, Office Buildings, and Others), and Regional Forecast, 2019-2026.” The market size stood USD 851.1 million in 2019.
Market Driver:
Increasing Popularity of E-commerce to Boost Market Sales
The increasing use of smartphones and the internet has led to the acceptance of e-commerce, especially in the time of the COVID-19 pandemic. The amplified purchasing of sanitizers on e-commerce platforms along with social distancing norms and lockdown by governments will have a tremendous impact on the global market. According to the United States Census Bureau, in August 2020, the data displayed that pandemic had a positive effect on the United States e-commerce, which would reach up to USD 211.5 billion with an increase of 31.8% from the first quarter, and a rise of 44.5% year-on-year. The high demand for sanitizers owing to the intensified cases of coronavirus will consequently shift consumers’ inclination toward e-commerce, thus propelling the market in the US.
Skyrocketing Sanitizer Demand to Favor Business During COVID-19
The increasing utilization of hand sanitizers owing to the precautionary measures to curb the spread of coronavirus will consequently improve the prospects of the market. According to the Center for Disease Control and Prevention data issued, in September 2020 stated that the use of alcohol-based hand sanitizer can help protect oneself and others from the coronavirus. Also, the heavy consumption of sanitizers in hospitals and healthcare facilities to maintain strict safety protocols in regards to covid-19 will further promote the market in the coming months.
Regional Analysis:
High Extent of coronavirus to Aid Market Development in the US
The United States is the leading market because it the hardest-hit country by the Coronavirus. The need for hand sanitizers in the US will influence the healthy growth of the market. As per the data issued by the Worldometers, in September 2020, 7.09 million were infected and 205,478 deaths cases of Covid-19 were reported in the United States, making it one of the worst-hit countries in the world. The growing need for disinfection and sanitization in research laboratories, healthcare facilities, shopping malls, and retails will enable the speedy expansion of the market in the region. Canada is expected to exhibit a steady growth rate owing to the high priority on healthcare and hygiene in the country. As per the Canadian Institute for Healthcare Information, Canada is anticipated to make the spending of USD 200.6 billion or USD 5371.40 per person on healthcare.
List of Top Companies in the North America Hand Sanitizer Market are:
Key Development:
April 2020: Relevium announced the launch of Bioganix® CleanCare hand sanitizer products in Canada and the United States. The company also confirmed pre-orders of the new hand sanitizer in Canada and the US.
Browse Detailed Summary of Research Report with TOC:
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Detailed Table of Content:
TOC Continued…!
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Helicopter Meteorological Software Market Share and Size 2020 Global Growth, New Updates, Trends, Industry Expansion, Showing Impressive Growth by 2 |
Helicopter Meteorological Software Market is expected to gain momentum from the constant developments in the aviation sector. These Software solutions are being demanded immensely because of their increasing usage in a large number of applications, such as oil & gas, search & rescue, and emergency medical services (EMS).
Fortune Business Insights™ in a newly published study, titled, “Helicopter Meteorological Software Market Size, Share & COVID-19 Impact Analysis, By Platform (Helicopter and Heliports/Helipads), Application (Emergency Medical Services, Corporate Services, Search & Rescue, Oil & Gas, Homeland Security, Transportation, Others), Offering (Electronic Flight Display (EFD) Software, Application Based Software, PC/Desktop Software, Mobile Software), End Use (Private Operator, Fleet Operator) and Regional Forecasts, 2020-2030.” The study further mentions that the market size was USD 86.4 million in 2019 and is projected to reach USD 117.2 million by 2030, exhibiting a CAGR of 4.68% during the forecast period.
The emergence of the COVID-19 pandemic is causing tremendous losses for several companies. They have either halted operations or have reduced workforce to keep up with the ‘new normal.’ Our reports would help you in gaining in-depth insights into the effects of this pandemic on every market. You will be capable of selecting the right strategy to surge sales.
This Report Answers the Following Questions:
Drivers & Restraints
Rising Demand for Real-time Data Tracking to Favor Growth
The rising demand for helicopters for several applications, such as transportation, EMS, and others is one of the major Helicopter Meteorological Software market growth drivers. Helicopter operations often require real-time atmospheric data, namely, weather forecast, wind speed, and temperature to prevent accidents. Also, the Federal Aviation Administration (FAA) has started implementing multiple stringent safety norms to avoid helicopter accidents.
Additionally, real-time data tracking helps the pilot in taking decisions efficiently during the entire flight. Hence, the increasing requirement of real-time software solutions would propel the market growth in the near future. However, the COVID-19 pandemic has caused flight suspensions because of complete lockdown measures across the globe.
Segment
Helicopter Segment to Dominate Backed by Their High Demand for Multiple Applications
Based on platform, the market is segregated into heliports/helipads and helicopter. Out of these, the helicopter segment is dominated in 2019 in terms of the market share. This growth is attributable to their high demand for numerous commercial and military applications. Helicopter Meteorological Software solutions would help in providing vital data for weather forecasting and monitoring.
Regional Analysis
North America to Lead Stoked by Presence of Several Software Manufacturers
In 2019, North America generated USD 32.6 million in terms of revenue and is expected to lead the market throughout the forthcoming years. This growth is attributable to the presence of a large number of prominent Helicopter Meteorological Software manufacturers, such as Collins Aerospace, DTN, NavBlue Inc., and ForeFlight LLC in this region. Europe, on the other hand, is set to showcase an astonishing growth in the coming years. Germany, the U.K., and France house several helicopter operators, which, in turn, would propel growth in this region.
Competitive Landscape
Key Players Focus on Acquisition Strategy to Intensify Competition
The market consists of many large, small, and medium enterprises. Most of them are engaging in mergers and acquisitions to combine their technologies, thereby developing state-of-the-art Helicopter Meteorological Software.
List of the Leading Companies Profiled in the Global Helicopter Meteorological Software Market are:
Below are two of the important industry developments:
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Detailed Table of Content:
·
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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Europe Polypropylene Market Business Overview 2020 | Major Key Players and Stockholders, Business Strategy Analysis by Distributors, Industry Size wi |
Europe Polypropylene Market is set to gain momentum from its possession of several beneficial properties. It has high chemical and heat resistance properties and hence, is extensively used in the packaging of food & beverages.
Fortune Business Insights™ in a new report, titled, “Europe Polypropylene Market Size, Share & COVID-19 Impact Analysis, By Type (Homopolymer, Copolymer {Random Copolymer, and Block Copolymer}), Form (Resin and Powder), End-use Industry (Packaging, Automotive, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceuticals, Electrical & Electronics, Agriculture, Textile & Fiber, and Others), and Country By Type, 2020-2027.” The report further states that the PP market size was USD 16.76 billion in 2019 and is projected to reach USD 17.65 billion by 2027, exhibiting a CAGR of 2.1% during the forecast period.
The outbreak of the COVID-19 pandemic has caused immense losses for a wide range of industries. Several healthcare companies are persistently striving to discover a vaccine for curing the coronavirus. Our reports are specially curated to provide elaborate information about the effects of this pandemic on every market. It will help you in selecting the right strategy for intensifying competition.
This Report Answers the Following Questions:
Drivers & Restraints-
Rising Demand for Processed Food & Beverages to Drive Growth
Europe is experiencing high demand for food products owing to the rising population. Also, the busy and changing lifestyles of people are increasing the need for processed food items that consist of longer shelf-life. This factor is compelling the manufacturers to utilize effective packaging solutions to prevent spoilage of food items. Polypropylene is capable of protecting the food and beverages from becoming stale due to external and internal factors. It can act as a moisture barrier. At the same time, it protects those products from temperature fluctuations and UV rays.
However, the COVID-19 pandemic has caused a rapid decline in the demand for polymers and gasoline. This is further resulting in the fluctuations in the prices of crude oil. Apart from this, the rising restrictions and halt of production processes in various industries owing to the lockdown measures may hamper the Europe polypropylene market growth in the near future.
Segment-
Automotive Segment to Grow Rapidly Owing to Usage of PP in Making Vehicle Parts
Based on end-use industry, the market for Europe polypropylene is fragmented into textile & fiber, infrastructure & construction, healthcare & pharmaceuticals, packaging, agriculture, automotive, electrical & electronics, consumer goods/lifestyle, and others. Out of these, the automotive segment procured 14.0% in terms of the Europe polypropylene market share in 2019. This growth is attributable to the increasing consumption of PP for developing automotive components and parts owing to its high moldability, strength flexibility, and tensile properties. Besides, PP helps in surging the fuel economy by lowering the weight of the vehicle. Also, in 2019, the consumer goods/lifestyle and agriculture segments generated 7.0% and 6.1% shares, respectively.
Regional Analysis-
High Demand for PP from Healthcare Industry to Favor Growth in France
Geographically, the market is segregated into Poland, Germany, Sweden, Italy, Norway, France, Netherlands, the U.K., Belgium, Spain, and the rest of Europe. Amongst these, Germany is expected to generate the largest market share fueled by the high demand for PP from packaging, infrastructure & construction, and automotive industries. France, on the other hand, is likely to showcase increasing demand from the pharmaceutical and healthcare industries for the production of drug delivery systems, as well as medical devices and equipment. Italy would also exhibit considerable growth in the near future backed by the increasing demand from the automotive industry.
Competitive Landscape-
Key Players Aim to Gain Competitive Edge by Launching Unique Products
The market houses a large number of industry giants that are participating in the strategies of novel product launches and construction of new production lines. Such strategies are helping them to gain a competitive edge and wide consumer base across Europe.
Fortune Business Insights™ presents a list of all the polypropylene manufacturers operating in the Europe market. They are as follows
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Detailed Table of Content:
Below are a couple of the latest industry developments:
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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Global Amorphous Soft Magnetic Materials Market 2020 Research during the Ongoing COVID-19 Pandemic, Growth and Research Methodology by Forecast to 20 |
Amorphous Soft Magnetic Materials Market is set to gain traction from the increasing research activities to develop new fabrication methods. Several researchers are striving to blend amorphous and nano-crystalline alloys for improving ductility & thermal stability.
Fortune Business Insights™ presents this information in a new study, titled, “Amorphous Soft Magnetic Materials Market Size, Share & COVID-19 Impact Analysis, By Application (Electronic Article Surveillance, Flexible Antenna, Magnetic Sensors, Magnetic Shielding, Transformers, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the market size was USD 522.4 million in 2019 and is projected to reach USD 728.5 million by 2027, exhibiting a CAGR of 4.7% during the forecast period.
COVID-19: High Demand for Medical Equipment to Affect Market Positively
The COVID-19 pandemic has caused severe economic losses for a wide range of industries. But, it has affected the field of amorphous soft magnetic materials positively. The main reason behind this is the high demand for medical equipment, such as ventilators, MRI machines, and CT-scanners worldwide. In March 2020, the Society of Critical Care Medicine mentioned that approximately 9, 60,000 patients would require ventilators amid this global pandemic in the U.S. alone. Hence, the need for global amorphous soft magnetic materials would grow rapidly as they help in manufacturing high-quality equipment.
Our reports are specially created to help you better understand the effects of the pandemic on every market. You can select the best available strategy and surge business confidence once again.
This Report Answers the Following Questions:
Drivers & Restraints
High Demand for Amorphous Alloys to Accelerate Growth
Amorphous alloys mainly contain cobalt, nickel, and iron with silicon or phosphorus, carbon, and boron. Industrial consumers are nowadays trying to reduce operating cost, save energy, and operate efficiently. Hence, they are looking for amorphous alloys which are helping them to fulfil their requirements. Apart from that, they have numerous significant properties, such as good mechanical strength and low coercive field. These factors are set to boost the amorphous soft magnetic materials market growth throughout the forthcoming years. However, the availability of several substitute soft magnetic materials may hamper growth.
Segment
Transformer Segment to Lead Backed by Presence of Amorphous Alloys in Magnetic Core
Based on application, the market is segregated into transformers, magnetic shielding, magnetic sensors, flexible antenna, electronic article surveillance, and others. Out of these, the transformers segment held 55.9% in terms of amorphous soft magnetic materials market share in 2019. This segment would lead the market in the near future as amorphous alloys are extensively used to develop the magnetic core of the transformers. This, in turn, provides improved efficiency and reduces the overall weight of the transformer.
Regional Analysis
Asia Pacific to Dominate Stoked by Rising Development of Transformers in China
Regionally, Asia Pacific generated USD 286.1 million in terms of revenue in 2019. This growth is attributable to the major contributions of China. It is considered to be one of the largest manufacturers of amorphous metal transformers, thereby resulting in the surging demand for amorphous soft magnetic materials. Apart from that, the rising usage of electric vehicles (EVs) in this country is set to augment the market growth in Asia Pacific. Europe, on the other hand, is expected to remain in the second position stoked by the presence of a well-established electronics industry in Germany.
List of the Leading Companies Profiled in the Global Amorphous Soft Magnetic Materials Market are:
Competitive Landscape
Key Players Aim to Launch New Amorphous Soft Magnetic Materials to Intensify Competition
The market consists of a wide range of companies functioning from across the globe. They are trying to strengthen their positions and overtake their rivals by introducing state-of-the-art products in the market.
Below are two of the latest industry developments:
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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Actuators Market Size, 2020 Industry Share and Global Demand | 2027 Forecast by Fortune Business Insights™ |
Actuators Market is likely to showcase notable growth in the coming years and reach USD 79.35 billion by the end of 2027 on account of the advent of technological advancement and the increasing need for the latest automated equipment by various end-user industries.
As per a recent report by Fortune Business Insights, titled, “Actuators Market Size, Share & COVID-19 Impact Analysis, By Motion (Linear and Rotary), By Type (Hydraulic, Pneumatic, Electric, and Others), By End-Use Industry (Aerospace & Defense, Automotive, Construction, Chemicals, and Others), and Regional Forecast, 2020-2027,” the value of this market was USD 47.09 billion in 2019. The forecast period is set between 2020 to 2027 and the market is likely to exhibit a CAGR of 10.65%.
Most industries worldwide were impacted negatively by the current COVID-19 pandemic. Apart from the healthcare sector, most of the industrial sectors witnessed the downfall of the world economy. However, the governments of various nations are engaging in multiple strategies to deal with this situation and we hope that life turns back to normal. Fortune Business Insights is offering special analytical reports on various markets impacted by the coronavirus pandemic. These reports will help investors take the necessary financial decisions for multiple markets in the years to come.
Objectives of the Report:
The report is based on a comprehensive analysis of the market keeping in mind the prime boosting, repelling, and challenging factors. It also throws light on the notable industry developments, major trends, and other interesting insights into the market. The report also highlights the table of segmentation in details and lists the names of the segment in the leading position with market figures. For more information on the report, log on to the company website.
Drivers & Restraints-
Development of Machine Learning and Artificial Intelligence Sectors to Aid in Expansion
An actuator comprises the key component of all the machines used by various industries such as food, manufacturing, automotive and transportation, agriculture, healthcare industry, and others. This stands as a key factor driving the global actuators market growth. This, coupled with the rising population, growing urbanization, and the increasing use of industrial robots for minimizing the chances of human errors are also expected to aid in the expansion of the market. Additionally, the increasing demand from aerospace and automotive industries is further expected to add impetus to the market in the coming years.
On the contrary, installing and maintaining pneumatic and hydraulic actuators is expensive, which may pose a major challenge to the market in the coming years. This, coupled with the current coronavirus pandemic that forced most of the international businesses to stay at a temporary halt may also hamper the market. Additionally, the possibility of oil or water leakage and other damages of the actuator is likely to cause hindrance to the market in the coming years.
Nevertheless, the rising demand for commercial aircraft is expected to promote the growth of the market in the forecast period.
List of the Leading Companies Profiled in the Global Actuators Market are:
Segment
Hydraulic Segment to Emerge Dominant Owing to Growing Demand from Mining and Construction Sector
Based on segmentation by type, the hydraulic segment dominant the market shares in 2019. This is owing to the increasing adoption of hydraulic actuators in heavy equipment used by various application sectors such as mining, construction, agriculture, and others. This is further attributed to the integrated failure backup features and less power consumption. However, the electrical segment earned a 21% share and is likely to exhibit significant growth in the forecast period.
Regional Analysis
North America Emerged Dominant Owing to Growing Demand from Aerospace Industry
Regionally, North America earned USD 16.48 billion in 2019 and gained the largest actuators market share. The growth of this region is attributed to the increasing demand from the aerospace and defense sectors. Besides this, the market in Asia Pacific is likely to show rapid growth in the coming years with China and Japan in the leading position. This is accountable to the rapid industrialization and growing urbanization. Furthermore, the market in Europe and the Middle East and Africa will exhibit notable growth in the coming years on account of the increasing manufacturing units for automobile production of brands such as Audi, BMW, and others.
Competitive Landscape
Players Focusing on Innovative Technologies to Earn Lion’s Share
The global market for actuators is fragmented in nature attributable to the presence of many large and medium-scale vendors. Companies such as Rotork PLC., Rockwell Automation, and others are focusing on strengthening their product portfolio and specializing in pneumatic and hydraulic actuators to gain competitive edge. The other players are engaging in the development of innovative technologies for gaining a competitive edge in the market.
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Detailed Table of Content:
TOC Continued…!
Major Industry Developments of the Market Include:
April 2019 – The Boeing Company awarded a contract to Moog Inc., for the delivery of wing fold actuation and wing flight systems for an unmanned refueling program of the U.S. Navy called MQ-25. This will help to build a strong foundation for the future of the company.
April 2017 – The control and valves business of Pentair was acquired by Emerson Electric Co. for managing the production of control valves, regulators, and actuators, thereby strengthening the portfolio of the company.
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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Graphene Market Report by Technology, Industry Share and Size Expansion to 2027 | Fortune Business Insights™ |
Graphene Market size is expected to gain momentum by reaching USD 2,864.1 million by 2027 while exhibiting an astounding CAGR of 39% between 2020 and 2027. This is attributable to the increasing demand for sustainability solutions and the rising aviation sectors across the globe.
Fortune Business Insights, in its latest report, titled, “Graphene Market Size, Share & COVID-19 Impact Analysis, By Product (Graphene Oxide (GO), Graphene Nanoplatelets (GNP), Others), By End-Use (Electronics, Aerospace & Defense, Automotive, Energy, Others), and Geography Forecast, 2020-2027.” The report further mentions that the market stood at USD 225.1 million in 2019 and is projected to rise in the forthcoming years.
Increasing Adoption of Graphene Products amid COVID-19 to Favor Growth
The novel coronavirus has led to disruptions amongst several global economies owing to a complete halt in operations and activities to contain the spread of the disease. There has been a spike in the demand for antibody-conjugated graphene sheets that accurately detect the virus and are adopted for population screening. Owing to multiple benefits provided by the product, it is being extensively adopted across several industrial applications that are expected to contribute to the growth of the market.
Graphene is primarily a single layer of carbon atoms that are tightly bound in a hexagonal honeycomb mesh. They are widely adopted in several industrial applications such as automotive, energy & power, and aerospace. They further posses several attributes such as light-weight, high tensile strength, and good conductor of heat. Additionally, they provide sustainable solutions to an array of applications that propels their demand across several industries globally.
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth. In addition to this, the report provides insights into the regional analysis and discusses the performance of the market in major regions across the globe. It includes the competitive landscape that involves leading companies and the strategies adopted by these companies which have resulted in the introduction of several new products as well as major company collaborations. The research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
DRIVING FACTORS
Rising Aviation Sector to Promote Growth
The increasing global population and high disposable income are expected to propel the demand for air travel. The increasing air leisure activities are surging the demand for travel through private jets, planes, and helicopters. Owing to its ability to improve the composites and coatings adopted in planes, spaceships, and drone manufacturing, graphene is revolutionizing the aerospace industry. Additionally, the growing concerns on reducing carbon emissions are propelling the aircraft manufacturers to adopt graphite products largely. For instance, the government in the U.K has developed a long term Aviation 2020 strategy that aims to achieve a secure, safe, and sustainable aviation sector. Therefore, the increasing focus to provide sustainable solutions in the rising aviation sector will favor the growth of the global market during the forecast period.
SEGMENTATION
Aerospace & Defense Segment Held a Market Share of 22.87% Backed by Increasing Focus on Fuel Efficiency in Aircraft
The aerospace & defense segment, based on end-use, held a market share of 22.87% in 2019 and is expected to showcase a significant growth owing to the increasing adoption of the product to reduce carbon emissions and improve fuel efficiency in aircraft.
REGIONAL INSIGHTS
Europe to Remain at the Forefront; Increasing Demand for Electric Vehicles to Aid Growth
Among all the regions, the market in Europe is expected to remain dominant and hold the highest position in the global market during the forecast period. This dominance is attributable to the increasing demand for electric vehicles owing to stringent environmental regulations in the region. North America stood at USD 63.2 million in 2019 and is expected to experience an exponential growth in the forthcoming years. This is ascribable to factors such as the presence of several small and medium scale manufacturers in countries such as the U.S. between 2020 and 2027.
COMPETITIVE LANDSCAPE
Collaboration between Major Companies to Consolidate Their Market Positions
The market is highly fragmented by the presence of major companies such as XG Sciences, Grolltex, Inc, Graphenea, Inc, and AMO GmbH, among others. These companies are collaborating with each other to improve the quality of products and strengthen their position to gain a competitive edge in the global marketplace. Other key players are adopting strategies such as partnership, the introduction of a new product, and merger and acquisition that is anticipated to favor the global graphene market growth in the forthcoming years.
List of the Leading Companies Operating in the Graphene Market are:
Industry Development:
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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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Метки: Graphene Market |
Vehicle Access Control Market Report by Technology, Industry Share and Size Expansion to 2027 | Fortune Business Insights™ |
Vehicle Access Control Market Size, Share & COVID-19 Impact Analysis, By Type (Biometric System, Non-Biometric System), By Technology (RFID, NFC, Bluetooth, Others), By Vehicle Type (Passenger Car, Commercial Vehicle) and Regional Forecast, 2020-2027 is set to gain momentum from the increasing adoption of standardized interface technologies by reputed manufacturers, such as Hyundai, BMW, and Honda. These technologies surge the commercial viability of passive vehicle access control systems, as well as enable greater convenience for consumers.
Fortune Business Insights™ in a new study, titled, “Vehicle Access Control Market Size, Share & COVID-19 Impact Analysis, By Type (Biometric System, Non-Biometric System), By Technology (RFID, NFC, Bluetooth, Others), By Vehicle Type (Passenger Car, Commercial Vehicle) and Regional Forecast, 2020-2027.” The study further mentions that the market size was USD 9.61 billion in 2019 and is projected to reach USD 12.45 billion by 2027, exhibiting a CAGR of 6.6% during the forecast period.
COVID-19 Pandemic: Rising Focus on Reducing Innovation Funding May Hamper Demand
The emergence of the COVID-19 pandemic has taken a toll on the automotive industry by declining global demand, disrupting supply chains, and closing of assembly plants. The elimination of various passenger cars and commercial vehicles is set to affect the ability of carmakers to invest in research and development activities. Besides, the pandemic has compelled manufacturers to focus on reducing innovation funding and managing day-to-day cash flow. Our detailed research report will help you take the right decision by gaining more insights into the current scenario of the vehicle access control industry.
Drivers & Restraints
Increasing Need to Reduce Vehicle Thefts will Favor Growth
Vehicle theft is a serious problem to tackle with nowadays. The National Insurance Crime Bureau (NICB) published an in-depth report in March 2019 that showcases a 56 percent rise in vehicle thefts over the 147,434 vehicles stolen between the period of January 2013 and December 2015. Besides, in the U.S., the number of vehicle thefts by using fobs or keys increased to 229,339 between January 2016 and December 2018. Novel techniques, such as fingerprint authorization and facial recognition, as well as keyless car entries would be able to boost vehicle security. This, in turn, can lessen the number of vehicle thefts. These factors are set to propel the vehicle access control market growth in the coming years.
However, perfectly keyless systems and biometric access would surge design complexities and component requirements. Hence, it would require high manufacturing and installation cost, which, in turn, is likely to obstruct the demand for vehicle access control systems.
Segment
NFC Segment to Grow Significantly Backed by its Ability to Prevent Relay Attacks
Based on technology, the NFC segment generated 3.97% in terms of the vehicle access control market share in 2019 and is expected to grow significantly throughout the forthcoming years. This growth is attributable to its cost-effectiveness that enables manufacturers to develop card-based vehicle access control or NFC-based smartphones for mainstream vehicles. This technology can also prevent relay attacks.
This Report Answers the Following Questions:
Regional Analysis
High Demand for Electronic Immobilizers & Keyless Entry to Spur Growth in North America
Geographically, in 2019, North America procured USD 3.47 billion in terms of revenue. The region is characterized by the rising popularity of unique solutions, such as remote ignition disablers and stolen vehicle assist. Also, the increasing cases of vehicle thefts is surging the demand for keyless entry and electronic immobilizers in this region.
Asia Pacific, on the other hand, is anticipated to exhibit a higher CAGR in the near future stoked by the increasing awareness programs regarding the beneficial properties of vehicle access control solutions. In addition to that, the rising demand for high-end automobiles and the increasing production of vehicles would enhance growth in this region.
Competitive Landscape
Key Players Focus on R&D Activities to Develop Secure Vehicle Access Control Solutions
The market for vehicle access control is fragmented. Most of the companies are aiming to increase their research and development initiatives for creating novel and highly secure solutions. Apart from that, some of the others are focusing on strategic partnerships to gain a competitive edge in the market.
A list of all the renowned vehicle access control operating in the global market:
Below are the two latest industry developments:
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https://www.fortunebusinessinsights.com/vehicle-access-control-market-103664
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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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Метки: Vehicle Access Control Market |
Kefir Market Report by Technology, Industry Share and Size Expansion to 2026 | Fortune Business Insights™ |
Kefir Market size is projected to reach USD 1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. Excellent benefits of fermented dairy products on heart health will prove to be a major game-changer for this market in the coming years.
Fortune Business Insights™ in its report, titled “Kefir Market Size, Share & COVID-19 Impact Analysis, By Product Type (Dairy-based & Non-dairy), By Nature (Organic & Conventional), Category (Flavored & Non-flavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, & Online Retail), and Regional Forecast, 2020-2027”. Findings from a 2018 study conducted by researchers from the University of Eastern Finland revealed that men who consume large amount of fermented dairy items such as kefir and yoghurt have a significantly lower risk of developing coronary heart disease. Another study, conducted in Brazil and published in the Journal of Nutritional Biochemistry in 2019, showed that kefir-infused fermented milk improved blood pressure and prevented cardiac hypertrophy. With increasing prevalence of cardiovascular disorders, which are the number one cause of death worldwide according to the WHO, the demand for probiotics-laden ingredients such as kefir is likely to spike, as people become more aware of their potential health benefits.
The report states that the global market value stood at USD 1.23 billion in 2019 and provides the following:
Market Opportunity
Increasing Focus on Gut Health to Fight the Coronavirus to Create Opportunities
The COVID-19 pandemic has renewed the debate on maintaining gut health, with several health experts emphasizing and highlighting the critical link between the immune system and the gut. For example, epidemiologists at the King’s College London established through research that gut bacteria release many important chemicals, including Vitamin A, which help regulate and strengthen the immune system.
With a vaccine for the coronavirus seeming unlikely in the immediate future, bolstering the gut micro-biome, and the immune system by extension, has become crucial. This is possible, according to the researchers, by consuming healthy amounts of natural probiotics found in drinks such as kefir and fermented foods such as Korean kimchi. The current health crisis, therefore, may generate conditions favorable to the kefir market growth. However, disruptions in supply chains and downturn in economic activities will dampen the growth prospects of the market in 2020.
Regional Insights
High Nutritional Awareness to Power Market Growth in Europe
Europe, where the market size stood at USD 654.78 million in 2019, is expected to dominate the kefir market share during the forecast period. The central growth driver for this region is the widespread awareness about the nutritional requirements to maintain gut health. Emerging trend of healthy snacking is also expected to boost the demand for fermented milk in the region.
Increasing investment in research to investigate the benefits of probiotic food & drinks by companies in North America will fuel the regional market growth. In Asia Pacific, the market will be mainly driven by the growing interest of consumers in novel, flavored probiotic products, especially dairy-based kefir, which held a share of 71.91% in 2019 in the region.
List of the Leading Companies Profiled in the Global Kefir Market are:
Competitive Landscape
Companies to Align Strategies to Serve Evolving Consumer Tastes
With consumer preferences and tastes undergoing continuous change, key players in this market are constantly evolving their strategies to meet the consumer demand. As a result, companies are developing and introducing novel offerings to broaden their sales horizons and build a strong brand value for their products.
Key Industry Developments:
May 2020: Biotiful Dairy expanded its kefir liquid portfolio with the addition of Kefir Blackcurrant and Kefir Mango flavors. The company’s cultured milk beverages are created by fermenting milk with live kefir grains, which is then infused with fruit.
September 2019: Lifeway Foods released the “Kefir Minis” product range at the Natural Products Expo East held in Baltimore, Maryland. Offered in small-sized bottles for on-the-go snacking, the line-up features four flavors, including Strawberry Split and Campfire S’mores, catering to kids’ tastes and likings.
Browse Detailed Summary of Research Report With TOC:
https://www.fortunebusinessinsights.com/kefir-market-102463
Detailed Table of Content:
TOC Continued…!
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
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Метки: Kefir Market |
Thermal Spray Coatings Market Share, Globe Key Updates, Demand, Size, and Industry Forecast to 2027 |
Thermal Spray Coatings Market size is expected to showcase an exponential growth by reaching USD 17.63 billion by 2027. This is attributable to the growing aerospace industry and the increasing demand for weight reduction in aircraft to improve performance and fuel efficiency that propels the demand for innovative thermal spray coatings across the globe.
Fortune Business Insights, in its latest report, titled, “Thermal Spray Coatings Market Size, Share & COVID-19 Impact Analysis, By Material (Ceramic, Metal & Alloy, Polymer, Intermetallic, and Others), By Technology (Flame Spray, High-Velocity Oxygen Fuel (HVOF) Spray, Electric Arc Spray, Plasma Spray, Cold Spray, and Others), By Application (Aerospace, Industrial Gas Turbine, Automotive, Medical, Paper & Printing, Oil & Gas, Steel, and Others), and Regional Forecast, 2020-2027.”, observes that the market stood at USD 10.23 billion in 2019 and is projected to exhibit a CAGR of 7.8% between 2020 and 2027.
Limited Supply of Raw Materials Affecting Vertical End-user amid COVID-19
The global pandemic has to lead to a complete halt in industrial activities across the globe. This is resulting in the shortage of raw materials supply experienced by the vertical end-users that is expected to create a shortfall in the demand to some extent. However, the growing demand for thermal spray technology by the healthcare industry is expected to brighten the market prospects and mitigate economic loss suffered by the market in the forthcoming years.
List of the Leading Companies Profiled in the Global Thermal Spray Coatings Market are:
These spray coatings are generally adopted to either restore or improve the surface of wide range of materials. These coatings prevent the surface from erosion, abrasion, corrosion, wear and tear, and heat, among other external factors. Owing to their several benefits, they are widely adopted across several industrial applications such as automotive, aerospace, and oil & gas.
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth. In addition to this, the report provides insights into the regional analysis. It includes the competitive landscape that involves leading companies and novel products as well as major collaborations. The research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
DRIVING FACTORS
Increasing Adoption of Thermal Spray Coatings in Aerospace to Favor Growth
The growing demand to improve fuel efficiency and performance of aircraft is driving the demand for innovative spray coatings of thermal type across the aerospace industry. These coatings protect turbine blades of engines from extreme temperatures while ensuring high reliability of the components for longer duration. In addition to this, the increasing refurbishment activities to replace old components of the aircraft are expected to propel the demand for these coatings across the globe. Therefore, the growing aerospace sector backed by rising travel globally is expected to drive the global market in the forthcoming years.
SEGMENTATION
Ceramic Segment Held a Major Market Share in 2019
The ceramic segment, based on material, held a major market share in 2019 and is expected to experience exponential growth owing to the increasing adoption of ceramic coatings by the biomedicine industry across the globe.
REGIONAL INSIGHTS
North America to Remain Dominant; Growing Aviation Sector in North America to Surge Demand
Among all the regions, North America is expected to remain at the forefront and hold the highest position in the global market in the forthcoming years. This domination is attributable to the growing aviation sector that is driving the demand for advanced thermal spray coating to improve aircraft efficiency and prevent the components from corrosion. The region stood at USD 3,217.6 million in 2019.
The market in Europe is anticipated to experience a significant growth backed by the increasing adoption of these spray coatings over hard chrome coatings owing to stringent government regulations in the region between 2020 and 2027.
COMPETITIVE LANDSCAPE
Major Companies Focus on Investments in R&D Activities to Brighten Market Prospects
The global thermal spray coatings market is fragmented by the presence of the small, medium, and large companies that are focusing on investing in developing advanced thermal spray coatings to leverage the rising demand from the aerospace and automotive sector. The adoption of strategies such as merger and acquisition, collaboration, and partnership by key players is further expected to boost the prospects of the market in terms of revenue during the forecast period.
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/thermal-spray-coatings-market-102388
Detailed Table of Content:
TOC Continued…!
Key Industry Development:
June 2020 – Flame Spray Spa, an Italian thermal spray coatings specialist, announced its investment in QIH 122 M URC Hot Isostatic Press (HIP) by Quintus Technologies. According to the company, the purchase is meant to cater to the growing demand for heat treatment and the densification of aerospace parts and other components.
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
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Метки: Thermal Spray Coatings Market |
Drive by Wire Market Size, 2020 Industry Share and Global Demand | 2027 Forecast by Fortune Business Insights™ |
Drive by Wire Market is anticipated to gain traction from the emergence of hybrid electric vehicles. Hence, several original equipment manufacturers (OEMs) are trying to develop novel electrification processes to improve the vehicle’s efficiency.
Fortune Business Insights™ in a new study, titled, “Drive by Wire Market Size, Share & COVID-19 Impact Analysis, By Application Type (Throttle by Wire, Steer by Wire, Shift by Wire, Brake by Wire and Park by Wire), By Component Type (Electronic Control Unit, Actuator, Electronic Throttle Control Module, Electronic Transmission Control Unit), By Vehicle Type (Passenger Cars and Commercial Vehicles) and Regional Forecasts, 2020-2027.” The study further mentions that the market size was USD 4.99 billion in 2019 and is projected to reach USD 4.27 billion by 2027, exhibiting a CAGR of 5.0% during the forecast period.
COVID-19 is Severely Affecting Automotive Industry Worldwide
The automobile industry is severely affected because of the COVID-19 pandemic. Owing to the complete lockdown measures, various manufacturers have shut down their facilities. This is further causing a decline in the production of vehicles. Besides, people are nowadays focusing more on spending on essential goods rather than purchasing luxury products. Hence, the demand for drive by wire (DbW) is likely to reduce in 2020. We are providing extensive analysis of every aspect of the market. Our analysts have handpicked the best strategies for you to implement for generating more sales.
Highlights of This Report:
Drivers & Restraints
Increasing Demand for Autonomous Vehicles to Aid Growth
The rising adoption of autonomous vehicles globally is set to boost the drive-by-wire market growth in the coming years. These vehicles are driverless, reduce vehicular emissions, and deliver enhanced passenger safety. They are also equipped with drive by wire systems, RADAR, cameras, LiDAR, and GPS. These sensors not only help the drivers to avoid obstacles, but also lower the chance of road accidents. However, drive-by-wire technology involves high installation, designing, and manufacturing costs. This factor may hinder growth.
Segment
Shift-by-Wire Segment to Lead Owing to High Demand for Effortless Shifting of Gears
Based on application type, the shift-by-wire segment is expected to dominate in the near future by earning the largest drive by wire market share. This growth is attributable to their ability to provide an effortless shifting of gears by utilizing a push button.
Regional Analysis
Europe to Dominate: Stringent Emission Norms by Governments will Accelerate Growth
Regionally, in 2019, Europe procured USD 2.06 billion in terms of revenue. The region is likely to lead in the coming years backed by the presence of prominent companies in the region. Also, the implementation of stringent emission norms by the governments, as well as the adoption of innovative technologies would propel growth in this region.
Asia Pacific, on the other hand, is estimated to be the fastest-growing region because of the rising shift of the consumers towards fuel-efficient vehicles equipped with improved safety features. The rising investments in research & development activities would bolster the demand for these systems in North America.
Competitive Landscape
Key Players Focus on Delivering Their In-house Products to Reputed Organizations
The market for drive-by-wire consists of multiple companies that are persistently striving to bag new orders for their in-house products from the other renowned firms. Some of the others are trying to design supercars in innovative ways.
List of the Leading Companies Profiled in the Global Drive by Wire Market are:
Below are two vital industry developments:
September 2020: The Gen3 supercar will consist of a drive-by-wire throttle system instead of the conventional cable system. Currently, it is not being used by any of the teams for this season.
February 2020: Summit Racing is providing drive by wire throttle bodies to Granatelli Motor Sports. They are specifically designed for surging airflow across the engine’s revolutions per minute (RPM) range for more acceleration and horsepower.
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https://www.fortunebusinessinsights.com/drive-by-wire-market-103673
Detailed Table of Content:
TOC Continued…!
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
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