Market Report

Connected Cars Market Overview: Technology is invading new cars like a metastasized cancer. Garmin, a navigation firm which manufacturers GPS for automotive, recorded a sale of $3.1 billion (Forbes, 2019).[1] Since the inception of the Internet, assets relevant to our daily assessment has converged with it, right from our circulars to modern automotive. Real-time data providing tools such as GPS, for efficiency in operations, is the catch among consumers and numerous sectors including automotive are following the stride to deliver products pertaining to this burgeoning trend. Connected cars are equipped with internet generally smartphones and can hence transmit real-time data to devices both inside and outside the vehicle, consequently diverting and enhancing processes such as navigation, system diagnosis and safety towards automation. Abundant scope of opportunities from numerous economies aggressively developing their transportation infrastructure for improved routes and transit has

The demand for machine vision cameras is continuously rising due to increased automation in the manufacturing section. Line scan camera and area scan camera dominate the overall machine vision camera market. Line scan market generated a highest revenue of $679.3 million in 2017 and is estimated to grow with a CAGR of 9.47% during the forecast period 2018-2023. Asia-Pacific market generated a revenue of $388.4 million in 2017 and is set to grow at a CAGR of 10.6% during 2018-2023. The increasing investments in APAC region and adoption of automated devices are some of the factors which are driving the market. What are Machine Vision Cameras? Machine vision cameras depend on digital sensors with specialized optics to capture images, in order to process, analyze, and measure various characteristics by using computer hardware and software for accurate decision making. A machine vision camera can easily inspect minute object details which are too small to be seen by human eye if it is built

Digital Signage Market Overview   The global digital signage market size was around $3.5 billion to $4.0 billion as of 2018. Though the opportunities available in the nascent market is not much enticing for a whole host of players—the opportunities will be incrementing at a highly attractive CAGR of 14% to 18% during the forecast period of 2019 to 2025. The digital signage market analysis has showcased North America as the most lucrative region for the market, producing around 30% to 35% of the total demand as of 2018. These digital signage have a wide range of application in entertainment, electronics, automotive, and sports industry. Among these, the key application comes from the transportation sector, increasing at a positive CAGR of 16% to 18% in the aforementioned forecast period.   Digital Signage Market Outlook Digital signage is an electronically controlled display installed on large-sized monitors or digital screens. These electronic signage displays are used in outdoor adv

The global Biocontrol Agents market is estimated to surpass $3.71 billion by 2023 growing at an estimated CAGR of more than 9.86% during 2018 to 2023 majorly driven by the growing awareness of biocontrol agents among consumers. In addition to this, increasing concentration in food contamination due to variety of chemicals is fueling the market growth What are Biocontrol Agents? Biocontrol agents are the natural organisms like parasitism, predation and other mechanisms for controlling the plant pests. They play a key role in controlling the plant pests such as nematodes, weeds, mites. These biocontrol agents helps in maintaining and balancing the plant species like nematodes weeds, insects and mites. Biocontrol agents have no side effects as they are eco- friendly in nature. Due to the lucrative aspects, Biocontrol agents are replacing the pesticides and other chemicals. Factors such as ease of use and its availability are driving the biocontrol agents market. Biocontrol agents are e

Cheese Market Overview: Cheese has become a primary component in daily diets worldwide. According to the United States Department of Agriculture, 12.7 billion pounds of cheese was produced in the country in 2017 alone[1], and Americans on average consume approximately 30 pounds of cheese annually[2]. Needless to say, cheese market is thriving, as its products are included in nearly every cuisine in the world. In 2018, the global cheese market size was estimated between $65 billion to $68 billion according to experts at IndustryARC. During the forecast period of 2019-2025, the market is estimated to grow at a standard CAGR of 2.5%-3.5%. Geographically, Europe leads the cheese market with a regional share of 38%-40% as of 2018, owing to the diversity in cheese produced by 28 different countries in the European Union. Cheese runs in European tradition, and is added to virtually all the dishes in most households. Cheese Market Outlook: Cheese has existed in our world’s history for almost

The global Steering columns market is estimated to surpass $19 billion by 2024 growing at more than 10% during the forecast period 2018 to 2024. Approximately 120 Million steering column were sold in 2017, China appeared to be the market leader with 31 Million steering columns. Passenger cars constituted for 65% of market share and were the huge demand generators for the steering columns. Electric power steering systems is gaining traction because the technology provides better fuel economy as compared to the hydraulic power steering system. Market Research and Market Trends of Steering Columns Ecosystem Steering columns are now being connected to on-board network, enabling the vehicles to provide assistance while driving. Functions such as lane-keeping, hands-on-wheel detection and traffic jam assist can be enabled using the on-board network. This would further assist the companies to achieve level 4 automation and provide better safety in level 3 automation. Manually adjusted steer

Aircraft Seat Material Market Overview Aircraft seat market size is forecast to reach $150.1 million by 2026, after growing at a CAGR of 3.5% during 2021-2026. The components used to build the seating arrangement for comfortable passenger accommodation on a flight are known as aircraft seating materials. Airline seats are intended to be lightweight, yet powerful and fire-resistant at the same time, considering passenger convenience as well. With the growing number of carriers and their ongoing efforts to update and expand their fleet, the aircraft seating material market is experiencing healthy growth. Increasing the aerospace industry across various regions, owing to the increasing per-capita income coupled with the increasing population is a key factor influencing the market growth. The upsurge in the need for maintenance and repair of aircraft in the aerospace sector is another prime factor driving the aircraft seat material market growth. COVID-19 Impact The COVID-19 outbreak led

Global Valves Market generated revenue of about $60.56 billion in 2017 growing with CAGR of 3.60% during the forecast period i.e. 2018-2023. APAC occupied the major market share in the valves market generating total revenue of $20.67 billion in 2017. What is Valves, Actuators and Positioners Market? Valves is a control units when electrically energy is passed the valves either shut off or it allows the fluid flow. The actuator takes the form of an electromagnet. When energized, a magnetic field builds up which pulls a plunger or pivoted armature against the action of a spring. When de-energized, the plunger or pivoted armature is returned to its original position by the spring action. Valves, actuators and positioners are segmented based on the type in which there are two way valves, three way valves. Two way valves are shut-off valves with one inlet port and one outlet port whereas the three way valves are provided with a three port connections and two valve seats one valve seal alw

Video intercom device market is valued $2,804.8 million in the year 2017 and is anticipated to grow with a CAGR of 8.3% from the year 2018 to 2023. America is having the highest market share of $1,150.8 million in the year 2017 and is expected to grow with a CAGR of 8.3% during 2018 to 2023. What is Video intercom Device Market? Video intercom device are those which enable visitors to be viewed before they are addressed. These devices are provided with both indoor and outdoor elements. The outdoor panel is installed beside the entrance door with different elements which can work in any climatic condition. The indoor element is provided with an electronic lock release. Video intercom devices are provided with a micro camera adapted foe night vision to capture the image of the visitor. They are also attached with a microphone to pick up and respond to the visitor. What are the major applications for Video Intercom Device Market? The major applications of Video intercom Device includes c

Solenoid Valves Market Overview: According to Trade Map statistics, taps and valves valued at $95,255,390 were imported throughout the world in the year 2018. Such is the massive requirement of valves in the current industrial scenario as they are useful in controlling hydraulic systems in boilers and heaters. A massive division of this export belongs to the solenoid market which is being used for multiple purposes now. The solenoid valves market has a large end-user industry which includes water treatment plants, power generation plants, chemical industry, food and beverage industry, and many others. The most important end user industry is automotive in which solenoid valves are used in starting systems of trucks and cars. On starting a vehicle, the current passes from the battery to the valve which in turns generates power in the car or truck. Without these valves, driving a vehicle is almost impossible, which is why this application segment is expected to grow with a healthy compoun