Friday, 13 March 2020

Board-to-board (BTB) Connectors Market to Record an Exponential CAGR by 2027

  • A board-to-board (BTB) connector is a device that provides a reliable signal connection between two PCB i.e. printed circuit boards. BTB connectors are used in several applications that require a significant level of contact reliability. These include data centers, medical devices, wearable devices, mobile phones, and security systems.
  • Board-to-board connectors are designed to connect two PCBs without using cables. BTB connectors come with multiple types of pitch i.e. spacing between pins of connectors. Pitches range from 0.8 mm to 5.8 mm in size. Smaller pitches imply smaller size of the connector. Furthermore, the current carrying capacity of smaller-sized board-to-board connectors is also low.
  • Moreover, board-to-board connectors come with various ranges of orientation i.e. U-shaped, horizontal, perpendicular, and parallel
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Growing Number of Data Centers Worldwide Propelling Global Board-to-board (BTB) Connectors Market
  • A data center is a highly critical facility, wherein organizations place their important data as well as applications. A data center primarily consists of a network of several computers and other resources for information sharing.
  • Increase in the number of data centers has been observed across the globe over the last few years, owing to emergence of various social media networking sites, cloud services, high-end games, HD video streaming, and the 5G technology. Currently, data centers are constantly being upgraded technologically in order to support the large volume of data traffic generated by the above-mentioned applications.
  • Board-to-board connectors offer trustworthy connections in data center storage, which involve high-speed data transmission and computing
Asia Pacific to Lead Global Market
  • In terms of region, the global board-to-board (BTB) connectors market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • Asia Pacific is anticipated to dominate the global board-to-board (BTB) connectors market throughout the forecast period, as several manufacturers of board-to-board (BTB) connectors operate in the region, which are constantly investing in the development of technologically advanced products used in multiple applications. Countries such as China, Japan, South Korea, and India contribute to the major market share of the region. Furthermore, expanding presence of players in the consumer electronics sector and steadily growing automotive industry in the region, especially in China, are expected to boost the market for board-to-board (BTB) connectors in Asia Pacific during the forecast period.

Dielectric Capacitors Market - A Latest Research Report to Share Market Insights and Dynamics

  • Capacitors that are made of dielectric materials are known as dielectric capacitors
  • The dielectric material is placed between the plates of a capacitor and it acts as a non-conducting partner of electric current, due to absence of free electrons, unlike metals
  • In capacitors, various types of dielectric materials are used. These include aluminum oxide, tantalum pentoxide, plastic films, and several types of ceramics.
  • Dielectric capacitors are manufactured from ceramic, plastic, or glass and depending on requirement of the application, the dielectric material is selected
  • Dielectric materials are used in capacitors to increase the effective capacitance by reducing the electric field strength
  • Dielectric capacitors are used in applications such as automotive electronics, smartphones, networking devices, and high-frequency oscillating circuits
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Rise in Demand for Dielectric Capacitors in Automotive Sector
  • The automotive industry has emerged as an attractive sector for investments for organizations across the globe. In automobiles, use of dielectric capacitors is helpful at high temperatures, owing to their low loss and stable capacitance. Owing to this, several manufacturers of multiple-layered ceramic capacitors are focusing on providing products with an X8R or an X8L dielectric material.
  • New features and functionalities in automobiles such as autonomous vehicle technologies, advanced driver-assistance systems (ADASs), vehicle-to-vehicle (V2V) communications, and other safety systems are driving the demand for electronic components. For instance, tantalum polymer capacitors, a type of dielectric capacitors, are largely used in automotive applications, owing to their low equivalent series resistance and high temperature range. These capacitors offer stable performance for up to 2,000 hours at 125°C.
  • Additionally, other types of tantalum capacitors are suitable for harsh environments. They offer reliable performance at high temperatures in automotive applications.
  • As a result of these advantages, the demand for dielectric capacitors for use in automotive applications is increasing. This factor is expected to drive the global dielectric capacitors market during the forecast period.

Thursday, 12 March 2020

OTR Tire Market Global Outlook on Key Growth Trends, Factors



According to the report, the global OTR tire market is projected to reach ~US$ 26 Bn by 2027, expanding at a CAGR of ~4% during the forecast period, primarily driven by an increased use of tractors globally. Asia Pacific holds a leading share of the global market, owing to high demand for OTR tires in China and India. The market in developing regions such as Latin America & Middle East & Africa is anticipated to witness expansion, owing to increased government spending on infrastructure and increased mechanization rate in agriculture in these regions.
Expansion of OTR Tire Market
Rise in urbanization and sustained investment in construction are driving the usage of construction vehicles, thus boosting the demand for OTR tires. The U.S. Government has announced plans for infrastructure investment of US$ 1.7 Trn to develop rural infrastructure, highways, and bridges. Moreover, EU–China deal, named Belt and Road Initiative, of US$ 9 Bn to construct an intercontinental highway is expected to drive the demand for construction vehicles, thereby boosting the demand for OTR tires. Furthermore, increased industrial activities in Asia Pacific and Latin America is driving the sales of electric forklifts and warehouse trucks in these regions. Additionally, the demand for lean production is driving the adoption of large number of industrial vehicles within facilities and warehouse, which in turn is boosting the OTR tire market.
Based on industry type, the agriculture segment is expected to dominate the global OTR tire market both in terms of volume and revenue. Modernization of agricultural activities and rising consumer demand due to rising population are boosting the adoption of tractors and agricultural equipment, which in turn is driving the demand for OTR tires. The construction & mining segment of the market in Asia Pacific, Latin America, and Middle East & Africa is expected to expand at a high growth rate during the forecast period. Recovery of the economy of Brazil is expected to witness higher budgeting for infrastructure, thus boosting the sales of construction vehicles. This, in turn, is anticipated to propel the OTR tire market in the country.
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In terms of rim size, giant OTR tires of 51’’ to 63’’ rim size are expected to witness significant demand owing to a rise in number of construction projects in developing countries. Stability of commodity prices has boosted the mining sector. Usage of dump trucks, excavators, scrappers, and other mining vehicles to improve the output is expected to boost the demand for OTR tires.
Regional Analysis of OTR Tire Market
In terms of region, the global OTR tire market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is a key market for OTR tires globally. Abundance of natural rubber in the region has played an instrumental role in achieving competitive pricing of OTR tires. Rapid economic expansion witnessed by countries in Asia Pacific is expected to boost industrial activity and construction projects, thus driving the OTR tire market in the region.

Automotive Alloy Wheels Market Growth, Statistics, Opportunities & Forecast to 2027

According to the report, the global automotive alloy wheels market is projected to reach US$ 24.3 Bn by 2027, expanding at a CAGR of ~6% during the forecast period. The global automotive alloy wheels market is expected to record a growth of ~6% owing to an increased demand for aesthetics appeal in vehicles.
Alloy wheels are slowly replacing steel wheels, as they offer better heat dissipation, performance, and are lightweight. The global automotive alloy wheels market is mature in developed countries and is at the nascent stage in developing countries. Economic growth witnessed in Asia Pacific, Latin America, and Middle East & Africa is projected to boost the demand for mobility among the population, which in turn is estimated to propel the global automotive alloy wheels market.
Expansion of Automotive Alloy Wheels Market
Cast and forged alloy wheels are preferred in SUVs over steel wheels. Increasing penetration of SUVs witnessed in the last five years indicate a potential market for alloy wheels. SUVs have been early adopters of alloy wheels due to better off road handling capabilities, improved steering, and reduced unsprung weight of the vehicle. Electric vehicles are gaining popularity globally. Electric vehicles must be lightweight to offset the weight of the battery. Consequently, a rise in sales of electric vehicles is projected to boost the sales of alloy wheels. Moreover, rise in car ownership among youth consumers is driving the demand for aesthetically appealing wheels such as alloy wheels.
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Automotive Alloy Wheels Market: Segmentation
Based on OEM, the passenger vehicle segment held a leading share of the global automotive alloy wheels market in 2019. Consumers are increasingly opting for personal vehicles over commercial transport vehicles, which in turn is boosting sales of passenger vehicles. Furthermore, a range of vehicles including mini-compact, mini-vehicle, compact, SUVs, and sports cars cater to the demand for comfort, luxury, and efficiency among passengers, enabling lower income consumers to afford a passenger vehicle. This, in turn, is anticipated to drive the passenger vehicle segment of the global automotive alloy wheels market.
Majority alloy wheels manufactured and installed in a vehicle have the same lifespan as that of the vehicle. Therefore, the OEM segment is anticipated to hold a notable share of the global automotive alloy wheels market.

Advanced Driver Assistance System Market Outlook By Revenue & Regional Analysis Forecast To 2027

Transparency Market Research has published a new report titled, “Global Advanced Driver Assistance System Market (Technology: Adaptive Cruise Control, Lane Keep Assist & Lane Departure Warning, Tire Monitoring System, Blind Spot Detection, Adaptive Front Light System, Night Vision System, Automatic Emergency Braking, Forward Collision System, Pedestrian Detection System, Road Sign Recognition, Traffic Jam Assist, and Driver Monitoring System/ Drowsiness Monitor System; Component: LiDAR, RADAR, Camera, and Ultrasonic Sensor; Vehicle Type: Passenger Vehicle and Commercial Vehicle) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.” According to the report, the global advanced driver assistance system market is projected to surpass US$ 150 Bn by 2027, expanding at a CAGR of above 12% during the forecast period.
Global Tire Market for Automotive:
  • According to the report, the global advanced driver assistance system market is anticipated to be driven by a surge in the demand for enhanced vehicle safety and comfort while driving
  • Automotive equipped with ADAS, which is considered as a mainstay of autonomous vehicles and driverless cars, offers more safety to the vehicle and aids the driver to tackle hazardous road conditions, especially during long route journeys and traffic congestion
  • Key automakers, such as Audi, BMW, Volvo, Daimler, Toyota, General Motors, Honda, and FCA, are offering vehicles equipped with ADAS. Majority of newly launched vehicles are incorporated with ADAS technologies; if not fully, they include a couple of basic ADAS technologies that prevent vehicle accidents and protect the driver from injury.
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Expansion of Global Advanced Driver Assistance System Market
  • The automotive industry is witnessing significant technological advancements in conjunction with rising adoption of sensors to ensure improved vehicle safety and comfort during driving. Furthermore, an increase in the demand for improved vehicle ride in adverse weather conditions is anticipated to augment the advanced driver assistance system market during the forecast period.
  • Development in the automotive industry is not only limited to engine and design, but also focused on safety of the driver, pedestrian, and vehicle. Driver distraction or error while driving can lead to accidents, which can be avoided through the amalgamation of the advance driving assistance system, which substantially reduces security concerns, enhances safety on road, and reduces vehicle road fatalities. Additionally, the ADAS is designed to counter traffic congestion by maintaining distance between successive vehicles at all times, thereby reducing anxiety and fatigue of the driver.

Automotive Telematics Market Report by Type, Application and Regional Outlook 2027

According to the report, the automotive telematics market is projected to reach a value of ~US$ 99 Bn by 2027, expanding at a CAGR of ~17% during the forecast period. The automotive telematics market is likely to be driven by the rise in preference for security and safety features in vehicles. For instance, automotive telematics is gaining popularity and is largely being demanded by consumers in the Western hemisphere. Automotive telematics helps optimize the efficiency of the vehicle and improvises the traffic flow in a specific region. It helps smoothen the management of vehicle fleet and hence, high rate of adoption among vehicle fleet owners and expansion of rental services are boosting the market for automotive telematics.
Expansion of Automotive Telematics Market
Market for automotive telematics is expanding significantly across all regions. Europe and North America are highly developed markets for automotive telematics, and they are estimated to expand at a notable pace during the forecast period. Significant increase in cases of vehicle theft and traffic fatalities, along with rise in sales of vehicles, encouraged manufacturers to integrate connected vehicle devices in their vehicles.
Stolen vehicle tracking and eCall features offered by telematics services are highly popular among passenger vehicle owners. Presence of large population and high traffic congestion in Asia Pacific make recovery of stolen vehicles in the region highly difficult; however, stolen vehicle tracking is expected to make the task of recovering the vehicle notably easier for governing authorities.
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Enhanced efficiency of vehicles and fleet management are key drivers of the market. Moreover, high fuel economy and low carbon emission are prime concern of fleet owners. Thus, telematics service providers help enhance the economy of the vehicle.
Electronic toll collection and congestion charge are key features provided by telematics service providers in some parts of Europe, which are facing parking issues and traffic jams, owing to high rate of motorization, such as those experienced in the city of London.
The electronic toll collection system automatically scans the number plate or QR code mounted on the vehicle and deducts the amount from the account of the vehicle owner, which leads to easier flow of traffic. Telematics services offer several features that ultimately turn out to be highly convenient for vehicle owners, such as remote control of the vehicle, vehicle health diagnostic, over the air updates, connected navigation, and infotainment.

Glass Tableware Market by Global Industry Players and Forecast to 2027

According to a new market report published by Transparency Market Research titled “Glass Tableware Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2028,” the global glass tableware market is expected to reach US$ 10.8 Bn by 2027, expanding at a CAGR of 2.9% from 2019 to 2027. Asia Pacific held the highest market share in the glass tableware market in 2087.
The Glass Tableware Market report provides an analysis of the global glass tableware market for the period 2017 – 2026, wherein 2018 is the base year and 2019 to 2027 is the forecast period. Data for 2017 has been included as historical information.
The report covers all the prevalent trends and technologies playing a major role in the growth of the market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the market growth during the said period.
Growth of the hotel & catering industry is projected to drive demand for glass tableware in the near future. Increase in investments in the hotel & catering industry in emerging countries such as India and China has fueled the growth of the glass tableware industry. Moreover, glass tableware products are widely used in the hotel & catering industry. Furthermore, rise in disposable income of consumers has resulted in increase in expenditure on travel and tourism. This in turn boosts the growth of the hotel industry.
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The tableware industry is set for an explosion and is ready to witness many innovations in terms of design and material, driven by changes in fashion, lifestyle, economic conditions, and demographic factors. Tableware manufacturers are experimenting with different shapes, colors, materials, and textures to attract consumers. There is an increased demand for visually appealing as well as functional tableware.
Beverageware segment includes tea pots, coffee or tea jugs, pitchers, and coffee brewers. Unlike plastic products, glass beverageware contain no harmful chemicals and are safer to use. Consumers are shifting from plastic products to glass beverageware which is contributing to the growth of this segment
Transition in the lifestyle and rise in disposable income is responsible for the growth of this segment. With rapid urbanization, purchasing behavior of consumers and adoption of trendy lifestyles are leading to the high demand for tableware products. The tableware segment is classified into glass, cups, and mugs. The others segment is divided into cookpots, roasters, casseroles, bakeware, bowls, food warmers, and measuring jugs.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...