Friday, August 30, 2019

Air Suspension Market Demand, Development and Restraint Analysis by 2019

by on August 30, 2019

The air suspension in a vehicle is driven by compressor or engine-driven air pump. It is used in case of conventional steel springs in passenger cars and in heavy vehicles such as buses and trucks. It is also used in trains and semi-trailers. The main purpose of air suspension is to provide a smooth and constant ride quality to driver and passengers. This has positively impacted to the Air Suspension Market growth.


The factors that drive the Air Suspension Market include rising demand for higher driving comfort, high demand for safety regulations, and the booming automotive sector. In addition, the factor that restrain the market growth is the minimal offering of air suspension from manufacturers for medium price range category due to high price of the system. Further, the rising demand for premium and luxurious vehicles is expected to contribute to the growth of the market.


A good quality ride provides comfort to the passengers, minimizes damage to cargo, and reduces driver fatigue on long journeys. Suspension is responsible for quality of rides and control on car handling, as cars with firm suspension could result in greater control of body movements and quicker reactions. Ambulances have a special need for a high level of ride quality, to avoid further injury to the already ill passengers. Such factors have boosted the demand for higher driving comfort, which eventually influenced Air Suspension Market.

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The major companies profiled in the report include Hendrickson International Corporation, Wabco Holdings Inc., BWI Group, Continental AG, Mando Corporation, Accuair Suspension, ThyssenKrupp AG, Hitachi Ltd., VDL Groep, and Dunlop Systems and Components. These players have adopted different strategies such as expansion and new product development to gain significant Air Suspension Market share.

The market is segmented on the basis of vehicle type, component, technology, and region. On the basis of vehicle type, it is bifurcated into passenger car and commercial vehicle. By component, it is categorized into air spring, air reservoir, height sensor, shock absorber, air compressor and electronic control module. On the basis of technology, it is segmented into electronically controlled air suspension, and non-electronically controlled air suspension. By region, it is analyzed for Asia-Pacific, Europe, North America, South America, and LAMEA

KEY BENEFITS FOR STAKEHOLDERS
  • This study comprises analytical depiction of the Air Suspension Market with current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to gain a stronger foothold Air Suspension industry.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The Air Suspension Market is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
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KEY MARKET SEGMENTS
By Vehicle Type
  • Passenger Car
  • Commercial Vehicle
By Component:
  • Air Spring
  • Air Reservoir
  • Height Sensor
  • Shock Absorber
  • Air Compressor
  • Electronic Control Module
By Technology
  • Electronically Controlled Air Suspension
  • Non-Electronically Controlled Air Suspension
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Aircraft Battery Market Regional Estimates and Category Outlook by 2019

by on August 30, 2019
The aircraft battery market experiences growth due to shift toward more electric architecture involving various electrical systems used in aircraft. The stellar rise in air travel, leading to increased demand for new aircraft drives the growth of the aircraft battery market. The rise in demand for unmanned vehicles in aviation industry also accelerates the growth of the aircraft battery market. The adoption of electrical technology in the electrical systems of aircraft also bodes well for the aircraft battery industry. The aircrafts require longevity and high energy storage capacity, which further creates opportunity for innovation and advancement in aircraft battery. High initial cost of raw Aircraft technologies, risk hazards, government rules & regulations, and operational challenge from lithium based batteries restrain the aircraft battery market growth.


Battery is a cell or combination of cells that converts chemical energy into electrical energy. The aircraft system contains two battery systems—main battery and auxiliary power unit. The main battery is used during preflight for activation of aircraft electrical system and auxiliary power unit. The main battery provides backup power in case of emergencies. It is also used to refuel the plane. The batteries used must me reliable, low weighted, durable, and lower in maintenance. The Lithium ion batteries are used in both main and auxiliary power unit.

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Aircraft battery market is segmented by battery type, power density, aircraft type, aircraft technology, application, and region. Based on battery type, the division is done into lead acid battery, lithium ion battery and nickel cadmium battery. The power density segment is further divided into less than 300 Wh/Kg and more than 300 Wh/Kg. Based on aircraft type, the market is further classified into commercial aircraft, military aircraft, and UAV aircraft. Based on aircraft technology, it is divided into traditional, hybrid, and electric technology. Application segment is further categorized into propulsion, auxiliary power unit, emergency, and others. The aircraft battery market analysis is done across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East and Africa) region.

The key players operating in the global aircraft battery market are Concorde Battery Corporation, Saft, Total, EnerSys., Sion Power Corporation, HBL Power Systems Ltd., Tesla, Kokam, The Boeing Company, and Teledyne Technologies Incorporated.

KEY BENEFITS FOR STAKEHOLDERS:
  • The aircraft battery market size has been analyzed across all regions.
  • Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • The report outlines the current aircraft battery market trends and future scenario of the market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
  • Major countries in the region have been mapped according to their individual revenue contribution to the regional aircraft battery market.
  • The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study.
  • The market analysis covers in-depth information of major industry participants.

KEY MARKET SEGMENTS
Battery Type
  • Lead Battery
  • Lithium Ion Battery
  • Nickel Cadmium Battery
Power Density
  • Less than 300 Wh/Kg
  • More than 300 Wh/Kg
Aircraft Type
  • Commercial Aircraft
  • Military Aircraft
  • Unmanned Aerial Vehicle (UAV) Aircraft
Aircraft Technology
  • Traditional
  • Hybrid
  • Electric
Application
  • Propulsion
  • Auxiliary Power Unit
  • Emergency
  • Others
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Electric Aircraft Market Application by 2019 Estimates and Outlook Overview

by on August 30, 2019
The electric aircraft market is driven by shift toward autonomous system. The electric power systems are highly reliable during engine failures, which majorly drive the growth of the electric aircraft market. Moreover, electric aircrafts are associated with optimized performance, reduced gas emissions, and decreased MRO cost. These factors further contribute toward the growth of the electric aircraft market. Furthermore, the increase in demand for fuel-efficient aircraft is also expected to drive the market growth.


Electric aircrafts are solely powered by electric motors, which drive the thrust generating propellers or lift-generating rotors. Other components that are used apart from electric motors include ground power cables, ultra-capacitors, fuel cells, solar cells, batteries and power beaming. The new batteries are commonly used in aviation industry owing to its relatively high capacity, and light and easy usage properties as old batteries were heavy and inconvenient. With availability of several rechargeable batteries and lighter batteries due to technological advancements, the use of batteries has become easier, which results in increased efficiency and reduced gas emissions in electric aircrafts. Furthermore, the risk of explosion, fire incidents, and noise and air pollution are reduced to great extent.

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However, low power to weight ratio, lack of technical skill-set, and short-distance travelling are some of the factors that limit the market growth. In addition, the regulatory issues and other macro-economic factors also hinder the electric aircraft industry growth.

Electric aircraft market is segmented based on component, technology, product, manufacturing process, system, aircraft type, and region. Based on component, the market is divided into battery, electric motor and others. Based on technology, it is bifurcated into hybrid and all electric. Based on product, the market is categorized into cascade, pivot door, and bucket. Manufacturing process segment is further divided into hand layup, ATL/AFP and resin infusion. Furthermore, systems segment is classified into power electronics, thermal management, safety system & advanced Component and energy storage devices. Based on aircraft type, the market is segmented into ultralight aircraft, light jets, and regional jets. Region-wise, the electric aircraft market analysis is done across North America, Europe, Asia-Pacific and LAMEA (Latin America, Middle East and Africa).

Key market players operating in electric aircraft industry are Airbus S.A.S., The Boeing Company, Safran S.A., Volta Volaré, Inc., Raytheon Company, United Technologies Corporation, Thales Group, Elektra Solar GmbH, PIPISTREL d.o.o., and Lockheed Martin Corporation.

KEY BENEFITS FOR STAKEHOLDERS:
  • The electric aircraft market size has been analyzed across all regions
  • Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building
  • The report outlines the current market trends and future scenario of the electric aircraft market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
  • Major countries in the region have been mapped according to their individual revenue contribution to the regional market
  • The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study
  • The market analysis covers in-depth information of major industry participants.
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KEY MARKET SEGMENTS
Component
  • Battery
  • Electric Motor
  • Others
Technology
  • Hybrid
  • All Electric
Product
  • Cascade
  • Pivot Door
  • Bucket
Manufacturing Process
  • Hand Layup
  • ATL/AFP
  • Resin Infusion
System
  • Power Electronics
  • Thermal Management
  • Safety System & Advanced Component
  • Energy Storage Devices
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Thursday, August 22, 2019

Automotive Catalyst Market Grow At A CAGR Of 4.2% .During the Forecast Period by 2025

by on August 22, 2019
According to the report published by Allied Market Research, the global automotive catalyst market contributed $22.60 billion in 2017 and is estimated to garner $31.81 billion by 2025, growing at a CAGR of 4.2% from 2017 to 2025. The report offers a detailed analysis of the key segments, top investment pockets, changing dynamics, market size & estimations, and competitive scenario.


Adoption of nanotechnology in catalytic converters along with an increase in automobile production drive the global automotive catalyst market. Furthermore, emission control regulations issued by government supplement the market growth. Factors such as innovations in automotive catalyst and government initiatives for emission reduction in developing nations offer lucrative opportunities for the market growth. However, growing production of electric vehicles and high cost of automotive catalyst restrict the market growth.

The surge in automobile production along with emission control regulations by the government boost the automotive catalyst market. Furthermore, the adoption of nanotechnology in catalytic converters supplements the market growth. The passenger car segment accounted for more than two-fifths of the total revenue in 2017 and will maintain its dominance by 2025.
Passenger car segment to maintain its dominance by 2025
Based on vehicle types, the passenger car segment accounted for more than two-fifths of the total revenue in 2017 and will maintain its dominance by 2025. However, the light commercial vehicle segment is expected to register the highest CAGR of 5.9% from 2017 to 2025. The report also analyzes other segments including heavy commercial vehicle and motorcycle.

Asia-Pacific region to maintain lead position by 2025
The Asia-Pacific region accounted for more than half of the market in terms of revenue in 2017 and is likely to maintain its revenue lead during the forecast period. However, the LAMEA region is expected to grow at the highest CAGR of 5.5% during the forecast period. The research also analyzes regions including Europe and North America.

Rhodium segment to grow at the highest CAGR
Among metal types, the Rhodium segment is expected to register the highest CAGR of 6% from 2017 to 2025. However, the others segment accounted for more than half of the total revenue in 2017 and will maintain its dominance by 2025. The research also analyzes other segments including Platinum and Palladium.

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Gasoline segment to maintain its dominance by 2025
Among engine types, the gasoline segment accounted for more than five-sevenths of the total revenue in 2017 and will maintain its dominance by 2025. However, the diesel segment is expected to register the highest CAGR of 5.6% from 2017 to 2025.

Leading market players
The key market players explored in the research include Clariant, BASF SE, Klarius Products Ltd., Johnson Matthey, Ecocat India Pvt. Ltd., Umicore, Tenneco Inc., Eberspcher, CDTi Advanced Materials, Inc., Cummins Inc., and others. They have adopted different strategies such as mergers & acquisitions, partnerships, collaborations, new product launches, and others to gain a strong position in the global industry.

Automotive Hydrostatic Fan Drive System Market Analysis, Growth Impact and Demand by Regions Till 2025

by on August 22, 2019
According to the report, the global automotive hydrostatic fan drive system market accounted for $377.2 million in 2017 and is anticipated to garner $620.3 million by 2025, growing at a CAGR of 6.3% from 2018 to 2025.


Rise in demand for hydrostatic fan drive system, proactive measures by government bodies on lowering emissions, and development of new technologies for reducing CO2 ­­emission have boosted the growth of the market. However, high initial & maintenance cost and adoption of electric vehicle hamper the market growth. On the contrary, untapped opportunities in African countries and technological advancements in hydraulic system for lowing CO2 emission are expected to create new pathways in the future.

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The market is segmented on the basis of vehicle type, pump type, component, and region. Based on vehicle type, the market is divided into on-road vehicles, off-road vehicles, and train and metro and trams. The off-road vehicles segment held the largest share in 2017, contributing more around three-fifths of the market. However, the train and metro and trams segment would register the fastest CAGR of 10.2% during the forecast period.

Increase in demand hydrostatic fan drive system, proactive measures by government bodies on reducing emission, and untapped opportunities in African countries are expected to propel the growth of the market. The train and metro and trams segment would register the fastest CAGR of 10.2% during the forecast period. On the other hand, However, the market across LAMEA region is estimated to register the fastest CAGR of 9.7% from 2018 to 2025.

On the basis of pump type, the market is categorized into fixed displacement pump and variable displacement pump. The variable displacement pump segment dominated the market in 2017, accounting for nearly three-fifths of the market. However, the fixed displacement pump segment is projected to manifest the fastest CAGR of 7.0% during the study period.

Based on component, the market divided into variable axial piston pump, fixed gear motor, engine control unit, oil cooler, and hydraulic valves & sensors. The fixed gear motor segment held the largest share in 2017, contributing nearly half of the market. However, the hydraulic valves & sensors segment is projected to manifest the fastest CAGR of 10.6% through 2025.

The market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across the Asia-Pacific region held the largest share in 2017, accounting for more than two-fifths of the market. However, the market across LAMEA region is estimated to register the fastest CAGR of 9.7% from 2018 to 2025.

The report includes analysis of the major market players such as JTEKT HPI, Eaton, Hydraforce Hydraulics, Parker Hannifin, Bucher Hydraulics, Rexroth Bosch, Quality Hydraulics & Pneumatics, Danfoss, Concentric, and Casappa.


Non-Lethal Weapons Market Key Companies Profile, Supply, Demand, Cost Structure Analysis by 2022

by on August 22, 2019
Non-Lethal Weapons Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $9,656 million by 2022, registering a CAGR of 8% during the period 2016-2022. Directed energy weapons segment is expected to register the highest growth rate during the forecast period. North America is expected to be the leading region in the global non-lethal weapons market throughout the



The popularity of non-lethal weapons for handling critical riot situations has significantly increased, owing to factors such as minimal causalities, availability of cost-effective & advanced products, high efficiency to incapacitate targets, and others.

Increasing budgetary expenses in defense sector, proactive research & development initiatives by market players, funding from government organizations, rising incidence of civil unrest, and other factors drive the market growth for non-lethal weapons industry. In addition, the adoption of non-lethal weapons, such as TASER, pepper sprays, and smoke bombs has increased among law enforcement agencies worldwide due to supportive government regulations and availability of low-cost products. Moreover, developments are under pipeline to introduce advanced weapons in directed energy weapons segment. For instance, Governments of U.S., China, and India have taken initiatives to develop advanced active denial systems to control riots. Increased awareness about benefits associated with the use of non-lethal self-defense weapons has fueled the demand for non-lethal weapons among civilians. However, stringent regulation and variations in weapon laws in specific regions limit the growth of non-lethal weapons industry.


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In 2015, explosives, gases, and sprays accounted for maximum revenue shares in the overall non-lethal weapons market size due to their high demand, and availability of low-cost products. The latest developments in this segment are expected to boost the non-lethal weapons market growth. For instance, in July 2014, General Dynamics Corporation launched a 66-mm grenade system, Medusa and flashbang grenades. In 2014, Edgewood Chemical and Biological Center (ECBC) tested the first-of-its-kind multicolored smoke bombs used for signaling by the U.S. army. In addition, in 2015, the directed energy weapons segment was the fastest growing segment, and is projected to grow at a CAGR of around 9% during the forecast period due to increasing scope of applications and technological advancements in this sector.

The chemical non-lethal weapons segment dominated the global market in 2015. Furthermore, acoustic non-lethal weapons segment is anticipated to grow at a CAGR of over 9% during the forecast period due to increasing military expenditures, inclination towards mass crowd repellent weapons, and continuous technological improvements in product features.
In 2015, law enforcement agencies segment generated the highest revenue in the global market, followed by the military segment. Moreover, personal application segment is projected to grow at the fastest CAGR of over 8% during the forecast period due to factors such as increased number of violent crimes & homicide rates, increased awareness about personal safety and availability of low cost products.

North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period. Introduction of advanced non-lethal weapons technologies, such as active denial systems, coupled with increased awareness among consumers is expected to boost sales in this region.


Key findings of the Non-Lethal Weapons Market:


  1. In 2015, explosives, gases, and sprays segment dominated the overall non-lethal weapons market in terms of revenue, and is projected to grow at a CAGR of around 7% during the forecast period.
  2. Acoustic non-lethal weapons segment is expected to grow at a remarkable CAGR of over 9% from 2016 to 2022.
  3. Directed energy weapons segment is projected to grow at the highest CAGR of 9% during the forecast period.
  4. Law enforcement agencies segment is projected to generate the highest revenue in the market during the forecast period.
  5. In 2015, North America generated the highest revenue among all regions in the global non-lethal weapons market.

General Dynamics Corporation, TASER International, Inc., LRAD Corporation, and Chemring Group PLC. are some of the prominent players in the market. Market players have focused on technological advancements of products, and partnerships & acquisitions for expansion in the market. For instance, in January 2016, Taser International, Inc. announced the launch of its latest non-lethal self-defense weapon, TASER Pulse, for personalized application segment to expand its customer base and increase product offerings in non-lethal weapons market. In April 2016, Safariland, LLC announced its partnership with ECM Technologies to expand its presence in South Africa.





Wednesday, August 21, 2019

Aircraft Health Monitoring System Market Advanced Technologies & Growth Opportunities in Global Industry By 2023

by on August 21, 2019
According to a new report by Allied Market Research, titled, Aircraft Health Monitoring System Market by Type, Aircraft Type, and Fit: Global Opportunity Analysis and Industry Forecast, 2016-2023, the global aircraft health monitoring system market was valued at $926 million in 2016, and is projected to reach at $1,489 million by 2023, growing at a CAGR of 7.4% from 2017 to 2023. Wide-body aircraft possesses maximum potential, which is expected to create lucrative opportunities for industry players.

This system closely relates to the maintenance, repair, and overhaul (MRO) segment in an airline industry. Implementation of AHMS decreases maintenance & operational costs and improves overall safety of an aircraft. The growth of the aircraft health monitoring system market is driven by rise in demand for real-time fault management, high demand for performance monitoring, and increased need for custom alerting & analysis solutions.

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The current business scenario has witnessed surge in adoption of aircraft health monitoring system in the developed and the developing regions, owing to the technological innovations in product offerings, increased need to improve performance and operational efficiency, rise in demand for real-time monitoring systems, and increase in application areas among end users. Furthermore, factors such as the need to reduce costs towards maintenance operations, increase in airplane data availability, high need to reduce flight delays & air turnbacks, and growth in awareness about AHM are expected to provide numerous opportunities for aircraft health monitoring system market growth. However, lack of trained professionals is expected to restrict the market growth during the forecast period.
The commercial segment dominated the market in 2016, with around 63% revenue share of the global market. This is attributed to the improved IT infrastructure and increased cloud-related expenditures to cater to the untapped markets among the developing nations.

The narrow body aircraft segment dominated the global aircraft health monitoring system market, with around 73% share in 2016, followed by wide-body aircraft segment. Furthermore, regional jets segment is estimated to grow at the highest CAGR of 11.9%, owing to widespread adoption of advanced health monitoring systems and increased aerospace & defense spending.

Asia-Pacific was the highest revenue contributor in 2016, accounting for around 44% share. However, LAMEA is projected to grow at the highest CAGR of 9.9% during the forecast period.

The report features the competitive scenario of the aircraft health monitoring system market and provides comprehensive analyses of the significant growth strategies adopted by major players. The key players operating in the aircraft health monitoring system market include Honeywell International Inc., Rockwell Collins Inc., Boeing Company, Ultra Electronics Holdings PLC, RSL Electronics Ltd., United Technologies Corporation, General Electric Company, Meggitt PLC, Rolls-Royce PLC., and Airbus Group.

Key Findings of the Aircraft Health Monitoring System Market:
  • The commercial segment dominated the global aircraft health monitoring system market in 2016, while the defense segment is expected to grow at the highest CAGR from 2017 to 2023.
  • The narrow body aircraft segment is estimated to provide significant growth opportunities to the key market players.
  • The Asia-Pacific market is expected to be dominant, in terms of market size. However, LAMEA is estimated to provide significant growth rate during the forecast period.

Turbocharger Market Analysis with Size, Impact Factors for Industry, Share and Forecast to 2022

by on August 21, 2019
Turbocharger Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $19 billion by 2022, registering a CAGR of 11.1% during the period 2016-2022. In 2015, Europe dominated the world turbocharger market and commanded more than 40% share of the overall turbocharger market revenue, followed by Asia-Pacific and North America. The European turbocharger market growth is mainly driven by factors such as stringent government regulations related to emission & fuel-efficiency, and increase in popularity among key automakers for downsizing the engine & increasing efficiency.


Turbochargers swiftly gained popularity as they find wide applications in light commercial vehicles, heavy commercial vehicles, ships & aircraft, heavy duty vehicles, and locomotives owing to several benefits such as enhanced fuel-efficiency, improved engine performance in terms of power and output among others. In addition, they also help automakers to meet regulatory standards regarding carbon emission. For instance, European government-imposed emission targets for new light commercial vehicles, wherein each vehicle is required to have a label stating its fuel efficiency and CO2 emission level.
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Light commercial vehicle (LCV) segment generated the highest revenue in 2015 and is expected to lead the market throughout analysis period owing to heightened LCV production globally, and the wider penetration of turbochargers among passenger cars.

Among the various user industries of turbochargers, marine industry is anticipated to attain highest growth during the forecast period. Increased production of ships, and aggrandized use of turbochargers in marine vessels due to its light weight design with high power and optimized fuel consumption are some of the key driving factors of the market. Additionally, rising government spending is expected to provide huge opportunities for the market growth.

From the technology perspective, twin turbo technology is most popular and widely accepted amongst various verticals including aerospace & defense, marine, automotive and agriculture & construction owing to less fuel consumption, and cost-effectiveness. However, variable geometry technology (VGT) would attain highest CAGR owing to enhanced torque and power compared to twin turbo and waste gate technology. The technology would continue to be the second highest revenue contributor after twin-turbo charger technology, throughout the analysis period.

Original equipment manufacturers (OEM) and aftermarket are the two key end-users covered under world turbocharger market report. Presently, OEM leads the market and it is expected to maintain its dominance throughout the forecast period. Increase in automotive production and enforcement of stringent government regulations are expected to provide huge impetus to the OEM market growth. However, aftermarket segment would register a higher CAGR of 12.1% during the forecast period due to the increasing trend for automobiles upgradation among consumers.

Europe, presently leads the market, on account of high investment in turbocharger technologies and enforcement of stringent government regulations to reduce carbon emission. However, Asia-Pacific is as anticipated to be most lucrative market, during the forecast period, owing to the increased automotive production in countries such as China, Japan, and India.

Key Findings of Turbocharger Market Study:
  • Ships & aircrafts segment is anticipated to be the fastest growing application segment in near future on account of high government investment and increasing adoption of turbochargers to get improved fuel efficiency and speed.
  • Twin turbo is the most popular turbocharger technology and is expected to hold a significant market share throughout the analysis period.
  • Based on fuel type, the turbocharger market is divided into diesel and gasoline, with former exhibiting a higher adoption as compared to the gasoline engines.
  • Aftermarket end user segment is anticipated to grow at a faster CAGR due to incline in demand for upgradation of vehicle engine.
The report outlines competitive scenario of the global turbocharger market, and provides a comprehensive study of key strategies adopted by the leading companies. Some of the key companies profiled in the report include Honeywell International Inc., Bosch Mahle Turbo System GmbH & Co. KG, Mitsubishi Heavy Industries Ltd., IHI Corporation, BorgWarner Inc., Eaton Corporation PLC, Rotomaster International, Cummins Inc., Precision Turbo & Engine, and Continental AG.

Don’t miss out on business opportunities in Turbocharger



Thursday, August 15, 2019

Mobile Security Market Overview, Growth and Analysis Report 2013-2020

by on August 15, 2019
Mobile Security Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $34.8 billion by 2020, registering a CAGR of 40.8% during the period 2014-2020. Bring Your Own Device is the latest trend adopted by most of the SMB (small and medium business) companies along with large organizations and is a major reason for the adoption of mobile security software. Smartphones are majorly adopted in Asia Pacific region and contributes largest revenue for the global market which is followed by European countries and Middle East and African countries. Analysis of the market shows that global mobile security market accounts for$3.4 billion in 2013Enterprises allowing BYOD expect the primary benefits to be improved-employee satisfaction, increase in productivity and better overall enterprise security. Enterprises are adopting BYOD as an opportunity to invest in the increasing productivity of their employees.






Mobile device platforms have become increasingly notable to hackers and cybercriminals as consumers do most of their transactions through their mobile devices. Individual users contribute to generate a notable revenue where mobile phones and tablets continues to play a critical role in consumer bank-switching decisions. As the customers experience from mobile banking improved and adoption improved, banks and financial institutions realize the need of offering secured financial transactions through mobile devices.


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The recent trend reflects the broader adoption of two-factor authentication and its implementation across a wide range of use cases. The challenge for the enterprises is often to maintain the balance between demand and necessities of the security, costs and making sure that the users are not overburdened with inconvenient security measures. According to Hewlett-Packard, IT security companies spend seven out of eight dollars on perimeter defenses.


Key Findings of Mobile Security Market:

  • Currently antivirus software hold the largest percentage share as compared to the Email security.
  • Banking and Financial institutions would produce large revenue of mobile security market by 2020
  • Asia-Pacific region would generate highest revenue for Mobile Security market by 2020 amongst other regions growing with the highest CAGR

The emergence of Information and Telecommunication (IT) companies in the developing countries like India, and never-ending demand for latest gadgets having advanced technology are the major reasons for the adoption of mobile security software. The Taiwan government noted an exponential growth in the region for the export of smartphones reaching$480 million in 2014.


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Organization for Economic Co-operation and development (OECD) noted a high growth in Information and Communication Technology (ICT) in Asian Countries followed by Germany, UK and France. The exponential rise in the smartphone and tablet market is leading to the ultimate growth of security software. Media reports in China indicate that government in the region is taking advanced measures over national security concerns.

Mobile manufacturing companies like Apple is improving the mobile application management security to ensure that the users of its mobile operating system feel safe and manage their applications as per the need ranging from browsing the web to updating their banking accounts. The company has enforced the stringent protocols that determines the access of software on the device in order to keep the customer safe from malicious software.


Tablet device adoption by business users has been astonishingly quick creating challenges for the tablet security and support. To some extent, Tablets can be treated with same security solutions for smartphones, but they tend to be used differently thus ask for some unique challenges of their own. For enterprises, the proliferation is beneficial as the tablet supports the variety of gestures and knowledge the worker needs.


About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.


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


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Unmanned Ground Vehicle Market Demand Overview, Driver, Restraints, Opportunities Forecast 2023

by on August 15, 2019
According to a new report by Allied Market Research, titled, Unmanned Ground Vehicle Market by size, by mode of locomotion, by operation, by application Type: Global Opportunity and Forecast, 2017-2023, the unmanned ground vehicle market was valued at $1,497 million in 2016, and is projected to reach at $3,358 million by 2023, growing at a CAGR of 11.1% from 2017 to 2023. This is attributed in reference to reduction in risk of human life, increased demand of UGVs in civilian application, and impressive vehicle combat performance.




The size segment includes small, lightweight, medium, and heavy. By mode of locomotion, the market is divided into tracked, wheeled, and legged. Operation segment is bifurcated into automated and teleoperated. Based on application, the market is categorized into defense and commercial.
Reduction in risk of human life and increased demand of unmanned ground vehicle in civilian applications consisting of homeland security and commercial purpose a fuel the growth of the market. However, the restricted battery life of vehicles limit the growth.


The small size UGV segment is projected to grow at the CAGR of around 12.4% during the forecast period. Increased demand of UGVs in civilian application and high operational efficiency favor market growth.

The wheeled type mode of locomotion of UGVs segment dominated the market in 2016, followed by tracked type. Furthermore, these segments collectively accounted for around 96.6% share of the overall unmanned ground vehicle market revenue in 2016. The agriculture sectors providing lucrative options for the wheeled unmanned ground vehicles. In addition, increased use of the unmanned vehicles in the mining industry favors unmanned ground vehicle market growth.

By application, the commercial segment is expected to grow at CAGR of around 18.6% followed by defense segment. These vehicles are used to move material at a mining site, assist in snow removal on road side in winter season, and patrolling thereby favoring market growth.

The global unmanned ground vehicle market is characterized by the presence of international market players. These companies tend to expand their market presence by adopting strategies, such as strategic alliance and product development. Some of the key players operating in the unmanned ground vehicle industry include Armtrac Limited, Northrop Grumman Corporation, DOK-ING, Cobham plc., HORIBA MIRA Ltd., ICOR Technology, General Dynamics Corporation, RE2, Inc, Clearpath Robotics Inc and ENDEAVOR ROBOTICS.


Key Findings of the Unmanned Ground Vehicle Market:
  • The small size UGV segment is expected to grow at the highest CAGR during the forecast period.
  • The wheeled type segment dominated the unmanned ground vehicle market growth in 2016.
  • North America was the highest contributor in the overall unmanned ground vehicle market size in 2016; however, in terms of growth, the market in Asia-Pacific is estimated to grow at the highest rate.
  • U.S. led in terms of expenditure on unmanned ground vehicle in 2016.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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

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Small Satellite Market Rising Trends, Demand and Technology Growth 2014 to 2022

by on August 15, 2019

Small Satellite Market Report, published by Allied Market Research, forecasts that the global small satellite market is expected to reach $7,179 million by 2022, registering a CAGR of 19.8% from 2016 to 2022. In 2015, the Earth observation application dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.


The global small satellite market is driven by the increase in need to reduce costs related to space missions. Organizations around the world are investing in small satellite market for imaging and communication services. However, lack of dedicated launchers for small satellites and privacy of data related to Earth observation limit the small satellite industry growth. Application of small satellites across diverse sectors such as defense, civil, commercial, and government is expected to present numerous opportunities for market growth.

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Among the various types of small satellites, minisatellites accounted for a major market share in 2015, owing to their widespread application, ease of use, and ability to perform similar functions as medium and large satellites. The minisatellite market is expected to generate $3,012 million by 2022, registering a CAGR of 17.4%. The nanosatellite market is expected to register a high growth rate due to their low cost, lightweight nature, ease of building and development, and high capability of performing complex computational tasks. CubeSats, which are increasingly being used by academia and research, have supplemented the growth of the small satellite industry.

Earth observation accounts for the largest share in the small satellite market, and is expected to generate $4,045 million in 2022, growing at the highest CAGR of 21.3%. High demand for satellite imagery in the government sector, including federal agencies, local, and state governments for urban planning, border mapping, infrastructure security, and homeland security, has increased the adoption of small satellites in the market.

Various end users, including defense, government, commercial, and civil sectors, use small satellites to improve infrastructure and offer enhanced services to users. In 2015, the commercial sector accounted for the largest share in the global small satellite market size, and is estimated to $3,601 million by 2022, registering a CAGR of 21.3% during the forecast period. This is attributable to the reduced cost and weight associated with small satellites, in addition to investments by small and medium enterprises, and startups in the market.


North America generated the highest revenue in the market in 2015, accounting for $819 million, and is projected to reach $2,643 million by 2022, registering a CAGR of 18.3%. This is due to rise in applications of small satellites in agriculture, real estate, defense, and government sectors in the North American region. Increasing investment in the defense sector, along with technological advancement in telecommunication industry have boosted the small satellite market growth during the forecast period in the region.

Key Findings of the Small Satellite Market:
  • In 2015, Earth observation application accounted for the major share in the global small satellite market, in terms of revenue, and is projected to grow at a CAGR of 21.3% during the forecast period.
  • The commercial sector generated the highest revenue in 2015.
  • In 2015, North America generated the highest revenue in the market.
  • Asia-Pacific is expected to grow at the highest CAGR of 22.1%.
The well-known companies profiled in the report include Sierra Nevada Corporation, Lockheed Martin Corporation, Airbus Defense and Space, Northrop Grumman Corporation, Harris Corporation, Aerospace Corporation, Planet Labs Inc., The Boeing Company, Thales Alenia Space, and Surrey Satellite Technology Ltd. These companies consistently launch products and explore novel technologies to meet the customers increasing needs and requirements. Rise in investments for R&D by private and public organizations involving product innovation and development of customized solutions has been also observed.

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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

Contact:
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Drone Payload Market Revenue Is To Reach A Value Of CAGR Forecast Till 2022

by on August 15, 2019

Drone Payload Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $7,018 million by 2022, registering a CAGR of 5.5% during the period 2016-2022. Cameras and sensors segment generated the largest market share in 2015 while the weaponry segment is expected to register highest growth rate during the forecast period. North America is expected to be the leading region in the global market throughout 2022.


Rise in budgetary expenses in defense sector, increased market for location-based services, growing adoption of drones, increasing need of mapping services, and growing use of aerial imaging services across various industries are expected to drive the growth of world drone payload industry. In addition, the adoption of drone payload products, such as high-definition action cameras, motion sensors, thermal sensors, laser sensors, CBRN sensors, and infrared sensors have increased significantly among defense agencies worldwide for signal intelligence (SIGINT), electronic intelligence (Elint), surveillance, and other applications. Increased use of drones for crop management and green mapping has fueled the demand for drone payloads among agriculture and environment segment. However, issues related to personal safety and variations in aviation laws in specific regions limit the growth of this unmanned aerial vehicle (UAV) payload market. Moreover, promising growth rate of drone market and increased market for location-based services are expected to provide lucrative opportunity for market growth.

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In the year 2015, cameras and sensors accounted for the maximum revenue shares in the overall drone payload market due to increased adoption in military, geospatial, and agricultural applications. In addition, the radar and communication is expected to witness the fastest growth at CAGR of 6.4% during the forecast period due to increased use of maritime patrol radar (MPR), synthetic aperture radar (SAR), communication intelligence (Comint) and others.

The defense sector dominated the global unmanned aerial vehicle (UAV) payload market in 2015 due to increase in military expenditure, rise in adoption of drones for surveillance, and growth in combat and security operations owing to increased incidences of violence worldwide. Furthermore, agriculture and environment segment is anticipated to grow at a CAGR of 6.7% during the forecast period due to increase in demand for drones for various applications such as crop health management, water resource management, estimation of soil productivity, and others.

North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period. Introduction of supportive regulations coupled with high budgets on military expenditure is expected to boost sales in this region. Recently in 2015, Federal Aviation Administration of the United States (FAA) announced regulations that permit small UAVs that weigh less than 55 pounds to be used for commercial purposes.


Drone Payload Market Key findings
  • In the year 2015, cameras and sensors segment dominated the overall drone payload market in terms of revenue, and is projected to grow at a CAGR of 4.6% during the forecast period
  • Weaponry segment is expected to grow at a reasonable CAGR of 5.6%
  • Agriculture and environment segment is projected to grow at a highest CAGR of 6.7%
  • Defense segment is projected to generate the highest revenue in the market in 2015
  • In the year 2015, North America generated the highest revenue among all regions in the world drone payload market
AeroVironment, Inc., SZ DJI Technology Co., Ltd., Parrot SA, Thales Group, FLIR Systems, Inc., and Israel Aerospace Industries Ltd. are some of the prominent players in the market. Market players focus on technological advancements of products and partnerships & acquisitions for expansion in the market. For instance, in May 2016, ELTA Systems Ltd., a subsidiary of Israel Aerospace Industries Ltd., launched ELI-3332 payload to expand its customer base and increase product offerings in the market.

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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

Contact:


David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
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Automotive Artificial Intelligence Market Company Share and Segment Forecasts, 2016 to 2025

by on August 15, 2019

According to a recent report published by Allied Market Research, titled, "Automotive Artificial Intelligence Market by Component, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2025," the global automotive artificial intelligence market is expected to reach at $8,887.6 million by 2025, from $445.8 million in 2017, growing at a CAGR of 45.0% from 2018 to 2025.


Artificial intelligence has been increasingly adopted by the automotive industry, which is among the major industries using AI to mimic the action of humans. Applications that incorporate AI systems in automotive are semi autonomous and autonomous vehicles. In autonomous vehicles, AI collects, processes, and chooses the specific action based on the information gathered. Semi autonomous and autonomous vehicles use several advanced tools such as long-range radar, LIDAR, cameras, short/medium radar, and ultrasound to gather information and understand the world around them. After collection of data through different tools, AI analyzes the situation through its technologies such as machine & deep learning, natural language processing, and computer vision. Artificial intelligence has several applications for these vehicles such as, incorporates speech recognition for advanced communication with passengers, directs vehicles towards refueling station or recharge station when it is running low on fuel and Analyzes less populated and congested roads among others.

At present, North America dominates the automotive AI market. In 2017, China is expected to register the highest growth in Asia-Pacific. Similarly, the UK is expected to lead the overall market in Europe in 2017. In the same year, the U.S. is estimated to dominate the North American market.

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The growth of the automotive artificial intelligence market is driven by rise in demand for autonomous vehicles and increase in preference for enhanced user experience & convenience features. However, the threat of hackers and rise in cybercrime are expected to restrain the market growth. On the contrary, rise in demand for the premium vehicle segment is anticipated to provide lucrative growth opportunities for the automotive AI market.

In 2017, based on component, the hardware segment is anticipated to dominate the global automotive artificial intelligence market, in terms of revenue. However, based on application, semi-autonomous dominated the global market in the same year.

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The report includes a micro-level study of different regions adopting automotive artificial intelligence for various application. In addition, it discusses the potential opportunities for market players to enter the market. Moreover, it provides an in-depth market analysis of automotive artificial intelligence, outlining current trends, key driving factors, and potential areas for product investments.
The global automotive AI market size is analyzed based on four regions, North America, Europe, Asia-Pacific, and LAMEA. Furthermore, the report highlights the competitive landscape of the key market players to increase their shares and sustain the intense competition in the industry. NVIDIA Corporation, Waymo, Intel Corporation, IBM Corporation, Microsoft Corporation, Micron Technology, Otto Motors, BMW, Tesla Inc., and Toyota are some of the key players operating in the global automotive AI market.

Key Findings Of The Automotive Artificial Intelligence Market Study
  • Based on component, the hardware segment is anticipated to dominate the global automotive artificial intelligence market in terms of revenue. However, based on application, semi autonomous dominated the market in 2017.
  • In 2017, the machine learning & deep learning based on the technology segment accounted for the highest revenue.
  • North America held the majority of market share in 2017.
  • LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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

Contact:


David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
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Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

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