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Automotive Solenoid Market - Expected To Record Substantial Growth In The Near Future

Transparency Market Research observes the global offshore drilling rigs market has moderately competitive vendor landscape. Some of the prominent players operating in the global offshore drilling rigs market are Ensco, Seadrill, Tranocean, Diamond Offshore, and COSL. These players are adopting numerous strategies and such as product differentiation and production of efficient products for extracting oils. In order to achieve this, these players are trying to enter in to the joint ventures, partnerships, and mergers.

TMR estimates that the global offshore drilling rigs market is projected to attain value of US$41,922.8 mn by the end of 2022 with a CAGR of 3.5% over the forecast period from 2017 to 2022 from the value of US$35,336.2 mn in 2017. Based on the type of drilling rigs, the jack up rigs segment is expected to account for the leading share of about 41.7% by the end of 2022. Based on the region, North America dominated the global market and is expected to gather revenue of about US$9,829.6 mn by the end of 2022.

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Growing Activities of Extracting Oil and Gas Drives Growth

Exhausting resources of the non-renewable such as coal, oil, and fossil fuel coupled with over reliance on the non-renewable energy sources are encouraging the offshore drilling. Most of the resources of oil and fossil fuels are inside the earth’s crust or on the offshore. The offshore reservoirs are producing near about one third of the total oil and gas production. This is boosting adoption of offshore drilling rigs and propelling growth of the global offshore drilling rigs market. Additionally, offshore drills were built on coastline 7500 feet deep and 200 miles away from shore. The production of oil and gas was very difficult before the uptake of offshore drilling rigs which is propelling growth of the global offshore drilling rigs market.

Growing demand for the energy and fuel per year owing to increasing concerns over the energy conservation and security, industrialization, and globalization are encouraging the production of the offshore drilling. Adoption of rigs during offshore drilling is fuelling growth of the offshore drilling rigs market. Additionally, advantages such as alarming oil and gas reservoirs and strict regulations to drill the oil and gas in the populated areas without rigs is encouraging adoption of the global offshore drilling rigs market. Also, the offshore reservoirs have longer lifespan than onshore which is attracting manufacturers for improved production and is boosting growth of the offshore drilling rigs market.

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Concerns over Adverse Effects on Ocean Ecological Balance to Hamper Growth

Despite these numerous growth prospects, the drilling oil and gas from ocean may disturb the ecological balance is limiting adoption of offshore drilling and likely to hamper growth of the offshore drilling rigs market. Additionally, numerous governments are imposing regulations for saving the environment and maintaining the ecological balance of the ocean is limiting growth of the global offshore drilling rigs market. Nonetheless, the advantages of offshore drilling rigs for reducing the risks such as avoiding the spoilage and reducing risks to the ocean ecology is boosting adoption of drilling rigs and fuelling growth of the global offshore drilling rigs market.

This information is encompassed in the new report by TMR, titled “Offshore Drilling Rigs Market (Type – Jack up, Semi-Submersible, Drill Ships; Application – Shallow Water, Deep Water, Ultra Deep Water) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022.”

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Offshore Drilling Rigs Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

The global steam boiler systems market is foreseen to be extremely concentrated owing to presence of several players across the globe, says a report by Transparency Market Research (TMR). At the international scale, General Electric, BHEL, Alstom, Cleaver – Brooks Inc., and Larsen & Toubro Ltd., dominated the global steam boiler systems market. These firms in 2015, aggregately accounted for a 46% share of the entire market. The key players are rapidly adopting strategies such as collaboration, mergers and acquisitions that are estimated to propel the growth of steam boiler systems market in the forthcoming years.

The global steam boiler systems market is prognosticated to expand at a steady CAGR of 5.30% within the forecast period from 2016 to 2024. In 2015, the global steam boiler systems market was valued around worth US$12.0 bn. This figure is anticipated to surge around value of US$18.9 bn due to increasing opportunities for the players, by 2024 end.

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On the basis of type, the global steam boiler systems market is classified into water tube boilers, fire tube boilers, and superheaters. Out of these, water tube boilers segment is likely to lead the global market owing to high demands. The segment is expected to lead the market in forthcoming years as well. This is attributed to various advantage given by water tube boilers in comparison to fire tube boilers. Factors such as improved heat transfer, high efficiency, and steam producing abilities are foreseen to support the growth of water tube boiler segment in the market globally. Regionally, North America led with 30% share of steam boiler system market in 2015, and is expected to sustain its lead in forecast period as well. Owing to rising food processing industries, increasing chemical manufacturing units, oil and gas refineries, a and power plants are some of the key factors contributing in the dominance of North America over the globe.

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Urgent Need for Power Across Globe to Contribute in Market Development

The steam boiler systems market across the globe is foreseen to advance at a moderate development rate. Steam boilers are utilized in several sectors as generators to create power. Water tube boilers are significantly utilized in high pressure applications, for example in comfort warming.

Likewise, the expanding government activities, proposed to empower the use of steam boiler systems, for example, offering discounts and endowments on their buy, is probably going to add considerably to this market soon, However, the high maintenance and initial expenses of these systems may limit the advancement of this market over the coming years, expresses the research analysts.

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High Initial Costs to Hinder Demand In Market

Surging demand regarding energy over the world emerges as the biggest boosting element for the global steam boiler systems market. These systems are touted to be very proficient in amplifying power plant efficiency. Development in government activities, quick popularity of steam boilers and particular motivations regarding sponsorships will additionally add to development sought after for steam boiler systems.

On the drawback, high maintenance cost of these systems may keep down the development of this market in the span of forthcoming years.

The review is based on the findings of a report by Transparency Market Research, titled “Steam Boiler Systems Market (Type of Boiler – Fire Tube Boiler (Horizontal Return Tubular Boiler, Short Fire Box Boiler, and Compact Boiler), Water Tube Boiler (Horizontal Straight Tube Boiler, Bent Tube Boiler, and Cyclone Fired Boiler), and Super Heater; Application – Generator, Steam Engine (Locomotives),Cement Production, and Agriculture; End User – Food, Chemical, Refineries, Primary Metal, and Thermal Power Plants) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

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Steam Boiler Systems Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

The global steam boiler systems market is foreseen to be extremely concentrated owing to presence of several players across the globe, says a report by Transparency Market Research (TMR). At the international scale, General Electric, BHEL, Alstom, Cleaver – Brooks Inc., and Larsen & Toubro Ltd., dominated the global steam boiler systems market. These firms in 2015, aggregately accounted for a 46% share of the entire market. The key players are rapidly adopting strategies such as collaboration, mergers and acquisitions that are estimated to propel the growth of steam boiler systems market in the forthcoming years.

The global steam boiler systems market is prognosticated to expand at a steady CAGR of 5.30% within the forecast period from 2016 to 2024. In 2015, the global steam boiler systems market was valued around worth US$12.0 bn. This figure is anticipated to surge around value of US$18.9 bn due to increasing opportunities for the players, by 2024 end.

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On the basis of type, the global steam boiler systems market is classified into water tube boilers, fire tube boilers, and superheaters. Out of these, water tube boilers segment is likely to lead the global market owing to high demands. The segment is expected to lead the market in forthcoming years as well. This is attributed to various advantage given by water tube boilers in comparison to fire tube boilers. Factors such as improved heat transfer, high efficiency, and steam producing abilities are foreseen to support the growth of water tube boiler segment in the market globally. Regionally, North America led with 30% share of steam boiler system market in 2015, and is expected to sustain its lead in forecast period as well. Owing to rising food processing industries, increasing chemical manufacturing units, oil and gas refineries, a and power plants are some of the key factors contributing in the dominance of North America over the globe.

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Urgent Need for Power Across Globe to Contribute in Market Development

The steam boiler systems market across the globe is foreseen to advance at a moderate development rate. Steam boilers are utilized in several sectors as generators to create power. Water tube boilers are significantly utilized in high pressure applications, for example in comfort warming.

Likewise, the expanding government activities, proposed to empower the use of steam boiler systems, for example, offering discounts and endowments on their buy, is probably going to add considerably to this market soon, However, the high maintenance and initial expenses of these systems may limit the advancement of this market over the coming years, expresses the research analysts.

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High Initial Costs to Hinder Demand In Market

Surging demand regarding energy over the world emerges as the biggest boosting element for the global steam boiler systems market. These systems are touted to be very proficient in amplifying power plant efficiency. Development in government activities, quick popularity of steam boilers and particular motivations regarding sponsorships will additionally add to development sought after for steam boiler systems.

On the drawback, high maintenance cost of these systems may keep down the development of this market in the span of forthcoming years.

The review is based on the findings of a report by Transparency Market Research, titled “Steam Boiler Systems Market (Type of Boiler – Fire Tube Boiler (Horizontal Return Tubular Boiler, Short Fire Box Boiler, and Compact Boiler), Water Tube Boiler (Horizontal Straight Tube Boiler, Bent Tube Boiler, and Cyclone Fired Boiler), and Super Heater; Application – Generator, Steam Engine (Locomotives),Cement Production, and Agriculture; End User – Food, Chemical, Refineries, Primary Metal, and Thermal Power Plants) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

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Scaffolding Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

Transparency Market Research (TMR) witnesses the global scaffolding market has a highly fragmented competitive scenario. Some of the companies operating in the global scaffolding market are PERI Group, Brand Industrial Services Inc., Waco Kwikform Ltd., ULMA Construction, and Universal Building Supply, Inc.

The global scaffolding market is required to reach US$ 78.4 Bn by 2026, growing at a CAGR of 6.1% from 2018 to 2026. North America held the most astounding market share in the scaffolding market in 2017.

Scaffolding, otherwise called arranging or framework is a non-changeless structure to help laborers and materials in development, transport building, oil and gas, and different ventures that require development work. An assortment of materials are utilized in the assembling of brief scaffolding structures. These range from bamboo, wood, aluminum, and steel to the most recent high quality steel grades. Leasing of scaffolding items is a noteworthy wellspring of income for scaffolding market players. About 80% of the expense of scaffolding is expended in introducing, disassembling, and transportation of scaffolding items. Lightweight scaffolding incredibly expands the profitability of scaffolding items and improves their transportation productivity.

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Rising Investment for Improving Construction and Infrastructure Fuels the Market Growth

Expanding request from the development business with skyscraper business structures and improvement in private framework alongside new developments is relied upon to help the development of the global scaffolding market over the conjecture timetable. Upkeep which includes cleaning, fixes, painting occupations, electrical establishments and different exercises will drive the interest for bolstered or suspended scaffoldings over the conjecture time frame.

The scaffolding rental administrations can cost around US$ 15-50 every day or US$ 40-150 every week relying upon the size, sort of scaffolding, and its establishment area. Rents can be on a day by day, week by week, or month to month premise and can likewise be by piece (charges for each wheel, casing, or watchman rail) or as a total pack. On the off chance that the scaffoldings are required for a bigger stature, the workbench which changes over into a low platform can cost around US$ 35-350 or more relying upon the limit and size. An aluminum collapsing stepping stool can commonly cost US$ 300-800 which isolates into two pieces to help an aluminum board/stage. A 4-wheeled smaller than normal scaffolding unit can be purchased for US$ 80-300 dependent on the weight limit and materials. Uncompromising and bigger scaffolding unit expenses can differ from US$ 200-2000 or significantly all the more relying upon the size (length and tallness of scaffolding in addition to work stage width), materials, and limit.

External Scaffolding to Dominate the Market

The upheld scaffolding fragment is required to have the most elevated CAGR of 6.2% from 2018 to 2026. Development advantages related with upheld scaffolding, for example, simple establishment, accommodation, more security, and cost adequacy is relied upon to prompt inclination for this sort of scaffolding over all development prerequisites. Moving scaffolding is favored for the most part for activities, which have transient term that should be done at different areas over a more drawn out separation. It is mostly utilized in electrical and mechanical exchanges and is required to have a CAGR of 5.9% over the gauge time period.

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External scaffolding represented 86.3% of the global scaffolding market in 2016 and is foreseen to proceed with its predominance over the gauge timetable. External scaffoldings are available in up to half of the general development of a structure or ship though inside scaffolding is mostly utilized for support necessities. Scaffoldings utilized for outer necessities is relied upon to be esteemed at US$ 68.27 Bn by 2026.

This information is encompassed in the report by TMR, titled “Scaffolding Market (Product – Supported Scaffolding, Suspended Scaffolding, Rolling Scaffolding; Material – Wood Scaffolding, Bamboo Scaffolding, Steel Scaffolding, Aluminum Scaffolding; Location – External, Internal; End use – Construction, Ship Building, Electrical Maintenance, Others (Temporary Stage, etc.)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026.”

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Screw Pumps Market  Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

Screw pumps refer to a variety of pumps that work on the principle of a screw turning to isolate and convey a fluid. Though the term ‘screw pump’ is often generically used, it includes a variety of pumps operating on the same basic principle but having several screw configurations, uses, design considerations, and advantages. The design differences of the numerous screw pumps available in the market make each suitable for handling fluids with different characteristics and a number of applications.

This report on the global market for screw pumps provides an expansive account of the past, present, and the projected future state of the market over the period between 2016 and 2024. The global market is analyzed for crucial segments, regulatory framework, competitive landscape, and other market-related factors for the key regional markets.

The vast qualitative and quantitative data included in the report is the result of several primary and secondary research techniques and numerous industry-standard analysis methodologies, which make sure that the data is filtered to leave back only the most essential bits of market data that actually matter to businesses.

The report presents a detailed analysis of the way major growth drivers, challenges, and trends are likely to impact the overall development of the global screw pumps market over the forecast period.

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Screw Pumps Market: Trends and Opportunities

Screw pumps find a host of applications in a number of industries that deal with a variety of fluids on a regular basis. The major end-users of screw pumps are industries such as water and wastewater treatment, food and beverages, oil and gas, and chemicals. In the past few years, the flourishing growth in the oil and gas, chemical processing, and food and beverage industries have led to the development of immense growth opportunities for the global screw pumps market.

The market has also significantly benefitted from the rising demand for modernizing the processing infrastructure of the water and wastewater industries. The high use of sophisticated multiple screw pumps in the field of hydraulic fracturing, which itself has continued to account for a major share in the overall global production of oil and gas in the past few decades, has also provided a major boost to the market.

Over the forecast period, the high rate of urbanization and industrialization will lead to an increased demand for screw pumps in the field of water and wastewater treatment. The oil and gas industry will also account for a major share in the global screw pumps market over the forecast period.

The global screw pumps market can be segmented on the following criteria:

Based on screw configurationSingle screw/eccentric screw/ progressive cavity pumps Twin screw pumps Three screw pumps Multiple screw pumps

Based on bearing designExternal bearing Internal bearing

Based on suction mechanism:Single suction pumps Double suction pumps

Other configurations:Archimedes-style flood control pumps Multiple screw designs with more than two idler rotors

Screw Pumps Market: Region-wise Outlook

The market has been analyzed for regions such as North America, Asia Pacific, and Europe, as well as the Rest of the World (RoW). Of these, Asia Pacific presently accounts for the dominant share in the global screw pumps market owing to the rapid pace of urbanization and industrialization in the developing parts of the region. Increased deep-sea explorations in the South China Sea have increased the consumption of screw pumps in the country. Over the forecast period, the market is projected to gain substantial growth opportunities in North America and Europe on account of the increased hydraulic fracturing activities.

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Screw Pumps Market: Competitive Landscape

Owing to the many years of existence of several screw pump designs in the market, the global screw pumps market is highly sophisticated in terms of product variety and technological expertise. The market features the presence of several international companies operating amidst immense competition.

To gain a competitive edge, companies are focusing on the development of product designs with higher flow or pressure handling capability, high corrosion resistance, good wear and tear resistance, and lower leakage emissions. Manufacturers are also increasingly focusing on designing products using better materials, technological innovations aimed at improved performance, and precise machining capabilities.

Some of the most influential vendors in the global screw pumps market are Colfax Corporation, PSG Dover, Flowserve Corporation, Settima Meccanica S.R.L., SPX Corporation, Alfa Laval, NETZSCH Pumps & Systems, Pumpenfabrik Wangen GmbH, Roto Pumps Ltd., and Albany Engineering Limited.

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Ground Surveillance Radar Market  Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

Ground surveillance radar are used to monitor activity surrounding critical infrastructure and installations such as airports, borders, power plants, camps and harbors. These radars are have ability to detect every movements at ground level of targets. Security & surveillance radar systems are also used for detection and tracking of small, non-linearly and non-cooperative, moving targets for national security. Such radars typically are ranges from several hundred meters to over 10 kilometers. Additionally, the ground surveillance radar detects the movements in a defined area, track targets and also raises an alarm if the target enters into the alarm areas.

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The major factor driving of radar security market is adoption of various advanced technologies. Though, ground surveillance radar systems are widely installed due to its various application in areas such as airport and military application. The demand for ground surveillance radar systems is escalating rapidly as it eliminates the need for multiple, specialized systems. It also detects personnel, avian targets, marine vessels, land vehicles, and low-flying aircraft. These capabilities make it ideal for accurate surveillance results, thereby increasing the demand for ground surveillance radar systems globally. The growth of global ground surveillance market is increasing owing to the benefits provided by it including superior accuracy, audible alerts, multi-target tracking, better performance with image cueing, classification and identification of targets. High adoption rate of ground surveillance systems for military as well as home security applications, is boosting the growth of ground surveillance radar market worldwide. In addition, these systems are also used to track and detect the aircrafts at low height. These are the key factors boosting the growth of the global ground surveillance radar market. However, it is difficult for the ground surveillance radar to recognize short range targets and this may hinder the growth of the global ground surveillance radar market.

The global ground surveillance radar market can be segmented by product type, by application and by geography. In terms of product type, the global ground surveillance radar market can be segmented into long range ground surveillance radar, medium range ground surveillance radar and short range ground surveillance radar. Long range ground surveillance radar segment is expected to grow at highest rate during the forecast period due to the growing demand for ground surveillance radar with long distance range for army, border/coast guard and security applications. It also provides speed, size, 360° long-range, bearing, and GPS position of all moving targets. On the basis of application, the global ground surveillance radar market can be segmented into aerospace & defense, military, home security and other. Aerospace & defense segment is anticipated to dominate over the forecast period owing to the rising need for accurate and high-performance analytics and target tracking in aerospace and defense industry.

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Geographically, global ground surveillance radar market is divided into North America, Europe, Asia Pacific, Middle East & Africa and South America. Asia Pacific region is expected witness the high growth in ground surveillance radar market due to the continuous initiatives taken by countries such as China, India, and Japan and growing adoption of radar security systems in the region. Growing aerospace and military spending is propelling the market growth. Rising investments in R&D for the development and increasing technological advancements are boosting the growth of ground surveillance radar market developed regions such as North America and Europe.

The global ground surveillance radar market includes large number of players. Some of the key players are Thales Group, Belgian Advanced Technology Systems (BATS), Lookheed Martin, FLIR Systems, Kelvin Hughes, TERMA, Honeywell, Saab, SRC, Blighter, Northrop Grumman Corp., Raytheon, Israel Aerospace Industries and Aselsan,

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Flexible Printed Circuit Board (FPCB) Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

According to a new research report by Transparency Market Research (TMR), there is an intense competition among the major leading players operating in the global flexible printed circuit board (FPCB) market, including Career Technology (Mfg.) Co. Ltd., Flexcom Inc., Daeduck GDS., Fujikura Ltd., Sumitomo Electric Industries Ltd., Multi-Fineline Electronix Inc. (MFLEX), Interflex Co. Ltd, Nitto Denko Corp., NewFlex Technology Co. Ltd., and NOK Corp. These players are expected to witness continued rivalry amongst themselves over the next few years, thanks to their increasing involvement into strategic partnerships and mergers and acquisitions, notes the market study.

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As per the research report, the global market for flexible printed circuit boards, which was worth US$14.51 bn in 2017, anticipated to expand at a CAGR of 11.80% over the period from 2018 to 2026 and reach a value of US$38.27 bn by the end of the period of the forecast. Among the products available in this market, multi-layer flex circuits enjoy a greater demand and this trend is projected to remain so over the next few years. The instrumentation and medical, computer and data storage, telecommunication, defense and aerospace, consumer electronics, automotive, and the industrial electronics sectors have emerged as the leading end users of flexible printed circuit boards across the world. Geographically, Asia Pacific has been dominating the global market over the last few years and researchers anticipate this scenario to continue in the near future, states the research report.

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Rise in Consumer Electronics Industry to Boost Global Flexible Printed Circuit Boards Market

“The significant rise in the consumer electronics industry, led by the growing demand for smartphones, tablets, and LCD displays, in has been influencing the sales of flexible printed circuit boards substantially, says the author of this study. These boards find noticeable application in mechanically supporting and electronically connecting a number of electronic components with the help of conductive pathways, which, in turn, is reflecting on their demand substantially. The increasing awareness among consumers regarding the advantages of these boards, such as compact design and low weight, in comparison with rigid or conventional PCBs is likely to boost the growth of the global flexible printed circuit boards market in the years to come, reports the research study.

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Sluggish Uptake of Technology in Emerging Economies to Hinder Growth

On the other hand, the sluggish uptake of technology in emerging economies may hinder the growth of the worldwide flexible printing circuit board market in the years to come. However, the rising demand for these boards in the aviation and the defense industries is expected to create new growth avenue for players operating in this market over the next few years, states the research report.

The review is based on a report by Transparency Market Research (TMR), titled “Flexible Printed Circuit Board (FPCB) Market (Type – Single Sided Flex Circuits, Double Sided Flex Circuits, Multi-Layer flex circuits, and Rigid Flex Circuits; End User – Instrumentation and Medical, Computer and Data Storage, Telecommunications, Defense and Aerospace, Consumer Electronics, Automotive, and Industrial Electronics) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2026.”

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Machine Condition Monitoring Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

The global machine condition monitoring market was valued at US$ 2,212.3 Mn in 2017 and is anticipated to expand at a stable CAGR of 8.1% during the forecast period 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘Machine condition monitoring Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ Advantages offered by machine condition monitoring, increased adoption of vibration sensors, increase in equipment performance and productivity, rise in the adoption of machine condition monitoring in the automotive industry, rise in online machine monitoring, and increase in equipment performance and productivity have increased the penetration and growth of the global machine condition monitoring market. The market in Asia Pacific is likely to expand at a rapid CAGR of 8.6% due to numerous technological innovations in equipment condition monitoring systems.

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Rise in Demand for Online Monitoring to Drive Market Growth

Rise in predictive maintenance and need for accurate and time-efficient analyses of data have increased the demand for online machine condition monitoring globally. Manual collection of data can be performed only a limited number of times. On the other hand, online monitoring can collect large amounts of data at frequent points avoiding chances of human miscalculation in data collection. Numerous players from North America are continuously involved in acquisitions in order to offer advanced machine condition monitoring to people who need the information on machine conditions in a timely manner. In September 2018, Azima DLI, a provider of predictive machine condition monitoring and analysis services, launched ‘WATCHMAN,’ its portable online intensive care condition monitoring system that can be quickly deployed by personnel in machines. Key trends prevalent in the global machine condition monitoring market are integrated machine condition monitoring system, technological advancements, cloud technology, wireless condition monitoring, and strategic collaborations.

Increasing Adoption of Vibration Monitoring is Expected to Drive Growth of the Machine Condition Monitoring Market

In terms of type, the market has been divided into thermography, vibration monitoring, lubrication oil monitoring, acoustic emission monitoring, ultrasound monitoring, corrosion monitoring, current signature monitoring, and others. The vibration monitoring segment is anticipated to dominate the market due to rise in adoption of vibration sensors for assessing equipment condition. Vibration monitoring provides analysis of the overall vibrations of components or machinery in order to observe abnormalities that may indicate faults. Furthermore, potential advantages of machine condition monitoring such as improved efficiency, increased machine availability and reliability, extended operational life, reduced costs, and improved safety are driving the global machine condition monitoring market. The vibration monitoring segment is anticipated to expand at a significant CAGR of 8.6 % during the forecast period. The lubrication oil monitoring segment is projected to expand at a significant CAGR over the forecast period, owing to the increasing use of lubrication oil as it plays an important role in early machine failure detection.

Rise in Adoption of Machine Condition Monitoring Systems due to Technological Advancements and Increase in Adoption of Predictive Maintenance in the U.S., Germany, China, South Africa, and Brazil to Create More Opportunities in the Market

Geographically, the global machine condition monitoring market has been divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. In 2017, Asia Pacific was the topmost revenue generating region, followed by North America. This is mainly attributed to advancements in technology and wide use of predictive maintenance techniques in various industries in order to determine the condition of equipment and foresee when and where maintenance is needed. The machine condition monitoring market in Asia Pacific is expected to expand at a rapid CAGR of 8.9% over the forecast period. China held a significant share of the market in Asia Pacific in in 2017 in. The market in the country is estimated to expand at a considerable CAGR during the forecast period. The market in North America is anticipated to expand at a significant CAGR during the forecast period, owing to the continuous technological advancements in wireless technology and remote monitoring. The market in Europe is anticipated to show substantial growth throughout the forecast period, due to a rise in the adoption of machine condition monitoring systems in the automotive industry and presence of a significant number of market players in the region. The market in Middle East & Africa and South America is expected to expand at a substantial pace due to the rise in government funding in the regions.

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ALS Limited, Brüel & Kjær Vibro GmbH, SKF, Emersion Electric Co and F. Honeywell International are Likely to Continue to Lead the Global Machine Condition Monitoring Market

The company profiling of key players in the global machine condition monitoring market includes company overview, major business strategies, SWOT analysis, and market revenues for years 2016 to 2018. The key players profiled in the global machine condition monitoring market report include ALS Limited, Brüel & Kjær Vibro GmbH, Emerson Electric Co., Fluke Corporation, General Electric, Honeywell International, Meggitt SA, National Instruments, Parker Hannifin Corp, PRÜFTECHNIK Dieter Busch AG, Rockwell Automation, Inc., and Schaeffler Technologies AG & Co. KG, SKF. Various players are introducing machine condition monitoring systems with cloud technology and establishing partnerships with other players to meet the continuously growing demand for accurate and reliable equipment condition monitoring.

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Armored Vehicle Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

The innovation and technology-driven for armored vehicles market features a select few vendors that mostly take up contracts from government and commercial bodies, with the defense sector being the key determinant of the market’s overall development, finds a new research report by TMR. Most of the market’s leading and most reputed vendors are headquartered in North America and Europe, making these regions the frontrunners and leading regional segments.

The demand for integration of technologically advanced electrical, photonic, and efficient and highly secure communication components in armored fleet to maintain an edge over extremist powers is gaining strength, stimulating the need for technological transformation for the market. In the next few years, continual investment in R&D activities, development of highly advanced, and innovative technologies will be the core of growth strategies adopted by key vendors, including Oshkosh Corporation, Elbit Systems Ltd., BAE Systems plc, Lockheed Martin Corporation, and Rheinmetall Defence.

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Rising Military Modernization Activities in Asia Pacific and RoW and Focus on SWaP Specifications Key Facilitators of Growth

Rising concerns regarding security from insurgent groups and terrorist attacks in countries across Asia Pacific have highlighted the need for modernization of military groups, pressing government bodies to allot more funds to the defense sector in the past few years. Countries such as India, China, and South Korea are focusing on the procurement of enhanced armored vehicles, driving the global market. Developed nations such as UAE, Israel, Saudi Arabia, Iran, and Turkey are also substantially increasing their military budgets and increasing the numbers of technologically advanced armored vehicles in their military troops.

The need for reducing the weight and size of vehicles deployed in the defense sector, and the demand for highly efficient, compact, and robust vehicles and weapons is also a key driver of the global armored vehicle market. Promising advancements on fronts such as communication medium, adaptability, navigation, surveillance, protection, and enhanced situational awareness are expected to appeal to an extended set of clients in the next few years.

Dearth of Regulatory Standards and High Costs of Advanced Armored Vehicles Major Deterrent in Low-income Countries

In most countries across Asia Pacific and the RoW sectors, lack of regulatory standards differentiating protection levels leads to high prices and an increased risk of fraudulence from manufacturers. These factors are also leading to the emergence of several unauthorized vehicle armoring companies in countries such as India, China, and Brazil, challenging businesses of established companies to a certain extent.

The high costs of advanced armored vehicles is also a major deterrent for the global armored vehicles market, especially when sales across cost-conscious developing economies are considered. Fluctuating raw material costs, import expenses, and a horde of taxed levied by countries often result in increased costs of end products. Maintaining a balance between the base cost of products and their quality is thus one of the key challenges for the global armored vehicles if companies wish to expand their businesses across emerging economies.

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Transparency Market Research states that the global armored vehicle market is expected to expand at a CAGR of 5.2% from 2015 to 2023. At this pace, the market, which had a valuation of US$22.73 bn 2014, is expected to rise to US$35.49 bn by 2023. In terms of technology, the market is presently dominated by the mine protection segment, which accounted for over 24% of the overall market in 2014. In terms of end-use segment, the military sector held over 62% in the global market in 2014.

This review is based on a recent market research report published by Transparency Market Research, titled “Armored Vehicle Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2023.”

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Car Rental Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

According to TMR, the global car rental market is projected to witness an astonishing double digit CAGR of 14.40% during the forecast period that between 2014 and 2024. The opportunities in the market is projected to touch a valuation of US$290.07 bn by 2024.

Car Rental Market Thriving Due to Increased Travelling

The global car rental market is driven by the growing number of inbound and domestic travelers. The increasing number of air travelers is also positively impacting the growth of this market. Travelers across the globe are demanding high quality and reliable travel services for their tours. Leading car rental service providers are offering quality services and promoting their brands at airports and this is helping customers to adopt their services. Players in the market are concentrating on broadening their fleet size by including technical gadgets. Gadgets such as GPS and music systems are being used increasingly for profitability. This is expected to intensify the competition among players in the years to come.

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Covid-19 Has Considerably Impacted Global Market

However, the fluctuation of oil price will restrict the growth of this market. The growing price of petrol and gasoline will affect the consumer spending level and this expected to act as a challenge. On a positive note however, the rise in GDP levels and increasing disposable income of consumers will have a positive influence on the market.

Over the last few months, Covid-19 pandemic posed several challenges for transportation and tourism due to stringent stay-at-home norms that were imposed by governments in several economies. The repercussions were felt in the high market volatility, which severely disrupted the tourism ecosystem—the backbone of car rental services the car rental market was affected by the pandemic on numerous counts, most notably loss of market share of top stakeholders. Notable companies who suffered are Hertz, Europcar, Uber, Lyft, and Avis. Nonetheless, as tourism is quick to respond to pandemic with health and safety protocols. Such initiatives by car rental rentals services are likely to inspire consumer confidence. Evidently, they are keen on making passengers safe against the novel Coronavirus virus. This will spur the growth of the car rental market.

On the basis of category, the global car rental market is segmented into local usage, airport transport, and outstation. Of these, the airport transport segment is anticipated to contribute the most to the growth of the car rental market. The increase in the number of air travelers and increasing industrialization will push the growth of this segment in the years to come. The local usage segment will trail the airport transport segment. The high increase in the demand and adoption of cab sharing and car pool services will drive the car rental services for local usage.

Increasing Onus on Using Cutting Edge Technology

The penetration of information technology in the car rental industry has made car bookings and car reservations much simpler, reliable, easier, and safer and thus, customers are increasingly adopting these services. Stringent emissions standards by governments across countries will hamper the growth of this market. The increasing number of warnings by The International Energy Agency regarding the rising emissions of carbon dioxide will restrict the growth of this market in the years to come. International meetings and agreements are demanding mature economies and emerging nations to reduce carbon emissions. Thus, green movement has become a trend that is becoming popular. Leading companies are thus, adopting green car rentals.

The car rental market is also expected to see new horizon as tourism industry players gear toward adopting frameworks that will enable them manage disaster-related market shocks in a better way. Two factors will impede the pace at which this will be done undoubtedly. The cost-containment measures being adopted by worldwide tourism sector and still-lacking consumer confidence in some of the major economies. However, the car rental industry will emerge faster on the back of governments’ norms favoring tourism.

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The competitive landscape of the car rental market is moderately fragmented in nature. This is mainly due to the presence of several international and domestic players in the market. The increasing dominance of giant players in the market is dragging the market towards consolidation, says Transparency Market Research (TMR).

The players in the market are primarily focusing towards enhancing their services so as to improve their customer base and gain profitability in the market. Along with this, players are focusing towards acquisitions and mergers, business expansion and innovation to strengthen their market share. Players are highly focused on improving the size of their fleet to cater to growing demand. The demand-supply gap is therefore providing good opportunities for players. Technology is also being used to improve consumer experience. These include use of GPS, advanced music systems, connecting devices, and so on. This is paving way for notable growth in the global car rental market over the forecast period. Some of the prominent players operating in the car rental market are Enterprise Rent-A-Car, Sixt SE, Europcar, The Hertz Corporation and Avis Budget Group.

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Liquid Soap Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

The global liquid soap market is poised to grow at a stupendous pace during the forecast period of 2019 to 2028. This growth is attributed to rising awareness about personal hygiene among adult population from all across the world. Liquid soaps have low PH levels. This makes them gentle and suitable for all skin types including sensitive skin. Owing to all features, the global liquid soap market is witnessing stupendous demand avenues from major population in the world.

An upcoming research report from TMR on the liquid soap market provides detailed analysis of key elements that support or hinder the market growth. Apart from this, it offers dependable data on volume, shares, revenues, key players, and probable growth avenues in the market for liquid soap. Thus, the report is a valuable guide offering data on the global liquid soap market for the forecast period of 2019 to 2028.

The global liquid soap market is segmented on the basis of various key factors such as product, application, distribution channel, and region. Based on distribution channel, the market for liquid soap is classified into connivance store, supermarkets and hypermarkets, online, and others.

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Global Liquid Soap Market: Growth Dynamics

Majority of people today from all across the world are inclined toward using liquid soap instead of other options including soap bars. Key reason behind this shift is the ability of liquid soaps to retain over 30% of skin moisture. Owing to this factor, liquid soaps are considered suitable for dry skin as well. People today are more aware about the importance of personal hygiene. This factor has motivated major global population toward spending on personal hygiene. As a result, players from the global liquid soap market are witnessing remarkable sales avenues.

Vendors working in the global liquid soap market are pouring efforts to offer innovative products with a wide range of fragrance choices. Apart from this, a wide range of population is inclined toward the use of handcrafted and homemade shops. The process of manufacturing these products is comparatively unsophisticated. In addition to this, their production cost is insignificant. As a result, there is considerable growth in the number of small-scale private companies in this market. This factor is helping in the expansion of the global liquid soap market.

Global Liquid Soap Market: Competitive Analysis

The global liquid soap market is fairly fragmented in nature. Presence of many regional and international players connotes that the competitive landscape of the market for liquid soap is highly intense. Vendors working in this market are using diverse strategies to gain the leading position. Many companies are growing their investments in research and development activities. These moves are helping them to introduce superior quality products. Apart from this, major vendors are utilizing online sales channels for the sales of their products. All these moves indicate that the global liquid soap market will expand at prodigious rate during the forthcoming years.

The list of key players in the global liquid soap market includes:

Procter & Gamble

Reckitt Benckiser Group plc.

3M

Unilever

GOJO Industries, Inc.

Lion Corporation

Godrej Consumer Products

Kao Chemicals

Bluemoon Bodycare

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Global Liquid Soap Market: Regional Assessment

The global liquid soap market is spread across five key regions, namely, North America, Europe, Asia Pacific, Central and South America, Middle East and Africa. Of them, Asia Pacific is one of the leading regions of the market for liquid soap. Rising awareness about hygiene, presence of significant number of key players, new product launches in the region are projected to drive the market growth in the upcoming years. In addition to this, the liquid soap market will witness stupendous sales avenues for commercial as well as household applications owing to increased population in this region.

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Baby Car Seat Market  Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

Transparency Market Research has published a new report titled “Baby Car Seat Market [Product Type – Infant Seats, Booster Seats, Combination Seats, and Convertible Seats; Distribution Channel – Online and Offline  (Supermarkets and Hypermarkets, Specialty Stores, and Others)] – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026”, According to the report, the global baby car seat market is expected to reach a value of US$ 6,223.6 Mn by 2026. The market is estimated to expand at a CAGR of 5.1% from 2018 to 2026. In terms of volume, the market is anticipated to expand at a growth rate of 4.7% during the forecast period. The baby car seat market in Asia Pacific is projected to expand at the highest growth rate during forecast period. Rise in the number of car accidents involving children is increasing demand for baby car seats. Baby car seats safeguard infants and children from fatality during accidents. Seat belts provided in the car cannot be used for children or infants, as these do not provide adequate safety for infants. This increases demand for baby car seat during the forecast period from 2018 to 2026. Additionally, changing lifestyle in developing countries has encouraged the adoption of convenience-oriented routines, making baby convenience products desirable, which is likely to increase the usage of baby car seats. This, in turn, is expected to fuel the market. However, the lifecycle of baby car seat is short. This thus is a major restraint of the global baby car seat market. Furthermore, the demand for baby car seat is expected to increase due to the rise in global population and increase in urbanization.

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The baby car seat market has been segmented based on product type, distribution channel, and region. In terms of product type, the market is further divided into infant seats, booster seats, combination seats, and convertible seats. The booster seats segment accounted for the largest share of the market in 2017, followed by convertible seats. The segment is projected to expand at a considerable pace during the forecast period owing to the rise in adoption of these baby car seats. Based on distribution channel, the market has been bifurcated into online distribution channel and offline distribution channel. The online channel segment is anticipated to expand at the rapid pace during the forecast period owing to the rise in Internet penetration across all regions. E-commerce websites provide products to the customers at their doorstep along with several other facilities. This is increasing the popularity of online platforms among consumers. Online distribution channel is an excellent platform for new parents, as it reduces their shopping efforts. Stringent government laws regarding the use of baby car seats has increased demand for these seats over the last few years. These factors are likely to drive the global baby car seat market during the forecast period.

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Based on geography, Europe dominated the global baby car seat market with more than 30% share in 2017. The region is expected to continue its dominance during the forecast period, followed by North America. The U.S. dominates the baby car seat market in North America, followed by Canada. Stringent regulations regarding children’s safety and rise in the number of car accidents involving children are likely to drive the baby car market during the forecast period.

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Some of the leading players operating in the baby car seat market are UPPAbaby, Renolux France Industries, RECARO Holding GmbH, Newell Brands Inc., Mothercare plc, KiwiBaby, InfaSecure, Jane Group, Goodbaby International Holdings Ltd, Dorel Industries Inc, Cosatto Ltd, Clek Inc, Britax Group Ltd, BREVI SRL, and Artsana Group. These companies engage in research & development activities, mergers & acquisitions, product innovation, and strategic partnerships and agreements with other firms across different regions to strengthen their foothold in the market. For instance, The Mothercare plc’s Corporate Responsibility 2020 ambition to unite with parents to create a better world for the future of the children has been developed to be consistent with and supportive of the company’s vision. For the purpose of the study, the baby car seat market is segmented as below.

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Eco-friendly Furniture Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

Brands in all industries have been trumpeting on being eco-friendly across their value chain from sourcing to packaging to disposal after their end life. The drive for eco-friendly furniture market is on the back of this trend gathering momentum. The choice of eco-friendly furniture is becoming the norm not only in developed nations but also among people in developing regions.

The concept of eco-friendly has been expanding in scope for furniture manufacturers and buyers. The aim of proponents of eco-friendly furniture is to adopt materials and processes that put minimal impact on the environment. As a simple, plain concept that may imply that certified sustainable wood comprising reclaimed and natural materials are used in making furniture and accessories. In another vein, stakeholders in the eco-friendly furniture market reiterate the growing important of furniture that stay away from landfill, thus decreasing the burden on recyclability infrastructure. In more expansive sense, it may mean responsible production practices may come under the ambit of earth-friendly products in the eco-friendly furniture market. Also, the concept includes the use of earth-friendly packaging and glues and varnishes used are eco-friendly.

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Eco-friendly Furniture Market: Competitive Analysis and Key Developments

The study provides a detailed assessment of the competitive scenario, focusing on dynamics that shape these dynamics such as entry barriers, intensity of competition, winning imperatives for established players in the eco-friendly furniture market.

Furniture brands that abide by sustainability are harvesting from sustainable wood materials and recycled goods to make home furnishings for their consumers. They are trying to meet the emerging trends and preferences of consumers who seek stylish and eco-friendly living spaces. Concurrently, several manufacturers are focusing on making furniture more resilient, tensile strength, and durability. Further, they are expanding their sales by tapping into the rising popularity of e-commerce channels.

The competition intensity might escalate in coming years, with the presence of top players in the eco-friendly furniture market. Some of the prominent furniture manufacturers are getting into partnerships with sellers who reclaim and upcycle furniture. Some of the well-entrenched players in the eco-friendly furniture market are Shenzhen Vincent Handicraft Co., Limited

Eco-friendly Furniture Market: Key Trends

Intensifying gesture toward environmental protection is a key driver for the consumer demand in the eco-friendly furniture market. Growing demand for eco-friendly furnishings for living rooms is one of the factors robustly boosting the uptake of eco-friendly furniture. The growing attraction of green housing projects among the millennial and generation Z consumers is spurring the popularity of eco-friendly furniture. In the wake of mass deforestation, green furniture options are expected to gain traction. Cradle-to-cradle design is one of the recyclable trends in the eco-friendly furniture market.

Demand for eco-friendly packaging and distancing from single-use plastics are key trends boosting the eco-friendly furniture market. The growing popularity of furnishings bereft if volatile organic compounds (VOCs) has bolstering the prospects. Over the past few years eco-friendly furniture market has made huge strides on the back of growing adoption of such furniture in offices and commercial spaces in developed and developing nations.

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Eco-friendly Furniture Market: Regional Assessment

Eco-friendly furniture market has been witnessing sizable opportunities in North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. Of these, North America has seen the trend gathering vast momentum on the back of consumers becoming more earth-conscious. Rising demand for eco-friendly residential constructions for families in developed regions is also spurring the overall prospects in the market. The constant entry of new players has also kept the North America increasingly lucrative.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Luxury Furniture Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

The global luxury furniture market is expected to grow notably in the upcoming years. The key players in the market are rapidly working on establishing the manufacturing units in the developing economies owing to the low initial costs and investments. Aggressive marketing techniques are being used in the entire market by most of the leading players, to create a lasting impression among the consumers. Some of the major players operating in the global market are Nella Vetrina, Muebles Pico, Laura Ashley Folding PLC, Henredon Furniture Industries Inc., Scavolini S.p.A., Giovanni Visentin srl, Turri S.r.l, Iola Furniture Ltd, and Heritage Home Group LLC.

According to a recent report by Transparency Market Research (TMR), the global luxury furniture market is estimated to expand at a steady CAGR of 5.2%, during the forecast period from 2017 to 2022. The market is prognosticated to reach around worth of US$29,496.7 mn by the end of 2022, from US$22,937.6 mn back in 2017.

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On the basis of material types utilized in making of furniture the market is led by wooden luxury furniture segment, with highest revenue in forthcoming years. This is attributed to the monetary value, durability of the material, and aesthetic value in the global luxury furniture market. Regionally, Asia Pacific is providing a huge scope for players in future. Particularly, China is expected to be one of the key revenue generating nation owing to rise in urbanization and increase in disposable income of the people.

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Easy Online Payment to Surge Development in Market

The pattern of safely online bill payment and e-shopping through net-banking is estimated to help the development of the market. In addition, with simple EMI alternatives and rise in number of middle class people are also ready to afford the cost of luxury furniture. Moreover, rise in disposable income of the entire population is as well supporting the development of the luxury furniture market all over the globe. This is on the grounds that a rise in income has prompted people to shift from standard furniture to luxury furniture products. The growing tendency of buying luxury things as a sign of value of space and status symbol are among the key factors surging the demand for luxury furniture in the market.

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Fake Luxury Furniture Material to Hamper Market Growth

One of the difficulties hampering the development of the global luxury furniture market is the developing awareness among the buyers with respect to the negative effect on the nature on utilizing wooden furniture. As wood is a noteworthy income procuring material, it might influence the development of the market in the years to come. The developing accessibility of fake luxury material furniture which are valued at a much lower rate and worked with low quality materials is debilitating the development of the luxury furniture market. Nevertheless, the surging in real estate and construction sectors is foreseen to boost the development of the luxury furniture market.

This analysis is based on a recent market research report by Transparency Market Research, titled, “Luxury Furniture Market – (Material – Glass, Metal, Plastic, Leather, and Wood; Distribution Channel – Departmental Stores, Online Sales, Independent Furniture Retailers, and Factory Outlets; End User – Commercial and Domestic) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022.”

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Period Panties Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

According to a new market report published by Transparency Market Research titled “Period Panties Market (Type – Reusable and Disposable; Style – Boy Shorts, Bikini, Briefs, Hipster, Others (Thongs, Shorts etc.); Size – Small, Medium, Large; Distribution Channel- Online and Offline (Supermarkets/ Hypermarkets, Drug Stores, Convenience Stores, Retail Stores)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global period panties market was valued at US$ 67.2 Mn in 2017 and is expected to reach US$ 279.3 Mn in terms of revenue by 2026, growing at a CAGR of 17.2% from 2018 to 2026. Asia Pacific is projected to show the fastest growth rate during the forecast period due to the increase in number of period panty brands and strong product innovation among manufacturers.

The usage of period panties has increased across the Asia Pacific region. Period panties involve an advanced technology which help in fighting bad odor, and has the ability to absorb ten times more than the regular menstrual cups or tampons. This in turn makes period panties more effective for women and helps them stay dry for a longer duration. Additionally, several brands such as Relieved Gal and Intimate Portal Secret Agent also provide a pouch in front of these panties to keep a heating pad to ease cramps.

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By type, reusable period panties have the highest growth opportunities as reusable period panties are eco-friendlyand can be used as regular panties. These panties can be washed and used over and over again. These factors are majorly contributing to the growth of this segment. Moreover, period panties can be used in combination with tampons, sanitary pads, or menstrual cups.

By style, the briefs segment is expected to maintain its market share as these style period panties are ideal for working women and athletes. Brief style period panties are also used for normal white vaginal discharge. These factors are expected to drive the brief style period panties market during the forecast period.

By size, medium segment is expected to expand at the highest CAGR during the forecast period as compared to large and small size segment. The medium size segment is also expected to contribute highest market revenue over the forecasted period. The reason for the growth in medium size period panties segment is increased prevalence of obesity. Increased obesity is due to changes in food consumption, socioeconomic and demographic factors, lack of physical activity, and urbanization.

By distribution channel, the online distribution channel is expected to show the maximum growth rate during the forecast period. The reason for the growth is the rapid penetration of internet across the world, technological advancements, and rise in smartphone usage which is expected to accelerate the online store sales during the forecast period.

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Geographically, in terms of revenue, North America held the largest market share in the period panties market in 2017. After North America, Europe has the largest share in the market. In North America, the U.S. is the highest revenue generating country in the period panties market. Although North America holds the largest market share, the Asia Pacific region is estimated to witness the fastest growth during the forecast period. India and China have the highest growth rate as compared to other countries in the Asia Pacific region. Middle East & Africa and South America are anticipated to show slow growth as compared to the other regions of the world.

The period panties market consists of a large number of public and private players. Industry players focus on developing new products to satisfy the changing consumer demands. Product innovation, and advancements in technology used in fabrics are the key competitive strategies adopted by the top players in the period panties market. Anigan, Clovia, Dear Kate, Knixwear, Lunapads International, Modibodi, PantyProp, Harebrained, Adira, Flux, Fannypants, THINX Inc., WUKA, and Period Panteez are the key companies profiled in the research report. The report also offers competitive landscape of the key players in the period panties market.

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Actuator Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

Transparency Market Research (TMR) has predicted the global actuator market to steadily expand between 2017 and 2025. Recent advances upgrading technologies used in the automotive sector will offer impressive growth opportunities to the market. This, coupled with the increasing production of vehicles, will buoy growth for the global actuator market, finds TMR in a new study. The rising demand for automatic features in vehicles has kept the market players on their toes. With their focus on consolidating market shares, the leading names in the global actuators market are looking to expand their product portfolio. Besides this, several among them are engaging in strategic alliances with other prominent enterprises to gain a stronghold in the global actuator market.

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In its study TMR has profiled companies such as Cebi International S.A., HUSCO International, Kiekert AG, Actus Manufacturing, Inc., Robert Bosch GmbH, and others. It studies in detail various strategies adopted by these companies to gain a competitive edge in the global actuator market. According to TMR, the market will exhibit a CAGR of over 7% between 2017 and 2025 in terms of volume. The market is likely to be facilitated by the rising demand for vehicles with automatic features. Against this backdrop, the market has gained immensely from the advent and the subsequent popularity of electric vehicles.

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Regionally, Asia Pacific emerged dominant in the global actuator market on account of the presence of the several leading companies in the region. The expanding automotive industries in India, China, and Japan are forecast to fuel growth opportunities for the market in Asia Pacific. Besides this, the availability of cheap labors, declining import duties, and favorable government initiatives are expected to create lucrative prospects for the actuators market.

Strategies Adopted by Leading Automakers to Sustain Growth will Have Positive Influence

Automakers are running their business amidst cut-throat competition. At a time when consumers are spoilt with choices, several manufacturers are including automatic features to differentiate their products. This in turn gives scope for growth to the global actuator market. In the coming years the market is expected to gain from the rising use of electronic components in vehicles. Given the scenario, the rising disposable income of consumers will bode well for the actuators market. On the downside, the presence of certain stringent regulations is restraining the market to an extent. For instance, various governments strictly observe a few safety norms for vehicles that are projected to fuel the demand for actuators.

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Rising Demand from HVAC Segment to Boost Growth

Be it as it may, some of the strict guidelines have compelled automakers to include systems such as VVTs, turbochargers, and active grill shutters in their vehicles. Actuators are integral to these systems hence such regulations are expected to sway demand in favor of the global actuator market. In the coming years, the market is expected to witness rising demand from the HVAC, which also held dominance in the market based on application. The rising demand from this segment is forecast to bode well for the market. Furthermore, the increasing adoption of headlamps is expected to bolster sales prospects.

This review is based on a TMR report, titled “Actuator Market (Actuator Type – Electric Actuator, Hydraulic Actuator, Pneumatic Actuator, Mechanical Actuator; Vehicle Type – Passenger Vehicle, Commercial Vehicle, Electric Vehicles; Application – Variable Valve Technology, Turbochargers, Coolant and Refrigerant Systems, Brake System, Active Grill Shutter, Adaptive Headlamps, HVAC Systems; Sales Channel – Original Equipment Manufacturer, Aftermarket) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

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Automotive Intelligent Dashboard System Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analysis

Automotive Intelligent Dashboard System: Introduction

Automotive intelligent dashboard system is a recent technology, a system incorporated in vehicles to display vehicle information to the driver about vehicle surroundings and its operating condition. The system analyzes data gathered by gauges, sensors, cameras, electronics, and other systems embedded in the vehicle and displays the data on the dashboard.

These systems display speed of the vehicle, navigation, road view, temperature, time, etc., with the help of IoT, network data, Wi-Fi, connected vehicles, and AI, among others. It is beneficial for the safety of the vehicle as well as the occupants, as information on vehicle performance and operating condition reduces the rate of errors and increases the safety of the vehicle.

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Global Automotive Intelligent Dashboard System Market: Dynamics

Increase in Demand for Technologically Advanced Connected Vehicles

Rise in demand for technologically advanced vehicles is a major factor driving the global automotive intelligent dashboard system market. Nowadays, vehicles are connected resulting in sharing of data and information among them. This is leading to real-time data gathering and is proving to be beneficial for the automotive industry. Data transfer among vehicles and service providers helps the driver to gather information related to traffic and the vehicle. This is likely to fuel the growth of the automotive intelligent dashboard system market.

Intelligent dashboard systems provide a safe steering experience and make the platform functional and user-friendly. The adoption of digital instruments by the automotive industry is expected to propel the market for automotive intelligent dashboard systems.

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Rise in Production of and Favorable Government Initiatives for Adoption of Electric Vehicles to Offer Attractive Opportunities

Electric vehicles being launched are equipped advanced electronic components thus development and integration of intelligent dashboard system for electric vehicles is expected at high rate. High focus on integration of digital instrument cluster among automotive players is anticipated to shift their preference for intelligent dashboard systems over a simple digital instrument cluster.

Europe to Emerge as a Key Market for Automotive Intelligent Dashboard systems

In terms of region, the automotive intelligent dashboard system market can be segment into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Presence of key players in the Europe region, such as Robert Bosch GmbH and Continental AG, along with luxury vehicle manufacturers such as BMW AG and Volkswagen Group is likely to drive the market for automotive intelligent dashboard market.

Demand for electric vehicles is significantly high in Europe as compared to other regions. Thus, adoption of intelligent dashboards in electric vehicles will propel the growth of the Europe automotive intelligent dashboard system market at a high rate.

Asia Pacific is another prominent market for intelligent dashboard system, as China is witnessing  significant growth in the adoption of electric vehicles

Rising market for connectivity and telematics services across Asia Pacific is propelling the demand for integration of digital instrument in automotive dashboard, thus driving the market for intelligent dashboard systems in the region.

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Key Players Operating in Global Market

Major share of the global automotive intelligent dashboard system market is consolidated; however rest of the share is fragmented between small and medium scale players. Key manufacturers operating in the global market are:

Robert Bosch GmbH

Continental AG

DENSO CORPORATION

Magneti Marelli S.p.A

FUJITSU

Jabil Inc

Pricol Limited

Visteon Corporation.

HARMAN International.

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