Two-wheeler Brake Pads Market Scope Analysis 2020 – 2027

• Brake pads are an integral component in two-wheelers that have disc brakes. Brake pads are highly susceptible to wear and tear due to friction; consequently, the demand for durable brakes pads is rising
• Manufacturing of brake pads require a material that possess high co-efficient of friction. Significant expansion of the two-wheeler brake pads market is attributed to an increase in the demand for effective braking at high speeds.

Key Drivers of Global Two-wheeler Brake Pads Market

• Rising demand for two-wheelers in several countries across Asia Pacific and Africa including India, China, those in ASEAN, Nigeria, Egypt, and South Africa, is likely to drive the demand for two-wheeler brake pads significantly
• Several key players manufacturing two-wheeler and two-wheeler components, such as braking system and tires, are increasing investments in developing countries of Middle East and Africa.

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• Demand for safety solutions in two-wheelers has been rising consistently the last few years. Demand for safety is for both, rider and pedestrians. The braking system regulates the speed of the vehicle in emergency situations and prevents accidents. The sudden appearance of an obstacle in front of the two-wheeler reduces the distance and reaction time available for the rider to apply the brakes. An efficient and effective braking system is useful in such a situation.

Organic Material Segment to Offer Significant Opportunities

• Metal is a widely preferred material for brake pads; however, this trend is changing due to significant braking effect, which cannot be achieved by metal brake pads
• Organic brake pads are highly flexible and provide more comfort, i.e., they possess smooth working during the brake application. Therefore, organic pads are widely incorporated in latest vehicles. However, the organic brake pads is expanding at a moderate pace, owing to issues associated with the wear of organic brake pads.

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Connected Tire Market Review With Forecast Research Report 2019 – 2027

Transparency Market Research has published a new report on the global connected tire market for the forecast period of 2020–2030. According to the report, the global connected tire market is projected to reach ~US$ 200 Mn by 2030, expanding at a CAGR of ~75% during the forecast period of 2020 to 2030.

Global Connected Tire Market: Overview

• According to the report, the global connected tire market is expected to expand significantly during the forecast period, driven by increased competition among tire manufacturers to offer unique solutions.
• The use of connected tires in vehicles is estimated to help tire manufacturers pitch to consumers the aftermarket replacement concept. Rising competition in the aftermarket and demand for consumer service are prompting tire manufacturers to develop intelligent and digital-friendly tires, such as connected tires.
• The rising trends of vehicle electrification and connected vehicles, globally, are estimated to boost the adoption of connected tires.
• Key players such as Pirelli, Michelin, Bridgestone, and Goodyear are successfully conducting pilot projects on connected tires and are expected to lead the global market.

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Expansion of Global Connected Tire Market

• The advent of autonomous and semi-autonomous driving is likely to propel the adoption of connected tires. The rising demand for digitalization and growing trends of mobile tethering and vehicle connectivity are estimated to boost the adoption of advanced vehicle tires, such as connected tires.
• Shift in the vehicle ownership trend from personal use to shared mobility is raising the number of miles driven using a set of tires. Tires are expected to deliver higher performance, and hence, there is the need to monitor tire health and predict the maintenance schedule in order to avoid unexpected failure or breakdown.
• The connected tire market in North America is anticipated to expand at a considerable pace, owing to the consumer acceptance of advanced technologies and demand for connected vehicle systems.

Based on rim size, the global connected tire market has been classified into 12" – 17", 18" – 21", and > 22". The 18" – 21" segment is anticipated to hold a major share of the connected tire market by 2030, owing to the rising consumer preference for larger wheels and high clearance vehicles such as SUVs that have larger wheels. The > 22" segment is anticipated to expand at a steady pace, due to the rising demand for connected tires in freight and haulage trucks.

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Automated Optical Metrology Market Is Set For A Rapid Growth

KLA Tencor Corporation, ASML Holding N.V., and Steinbichler Optotechnik GmbH, the three top providers of automated optical metrology services, collectively held a share of 39.4% of the market value in 2014, states Transparency Market Research (TMR) in a new report.

The key competitive strategy employed by most top players in the automated optical metrology market is driving company growth through constant product innovation and development. Transparency Market Research states that innovation for new products is a necessity in this market to maintain a strong foothold within its stiff competitive landscape. Apart from this, companies are also focusing on mergers and acquisitions. Close to half the market shares were held by regional players in 2014, and key players can look for opportunities in regional expansion through this fragmented set.

Industries Pull in Advanced Automated Optical Metrology Solutions to Comply with Measurement Standards

“The lack of measurement standardization within any industry can be extremely detrimental when it comes to trade,” states a TMR analyst. “As such, most industries are striving to keep up with the market growth by inculcating the measurement standards to ensure high quality of products that can be exported.”

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Quality control, measurement, and inspection have thus become a core necessity in all manufacturing processes. The International Bureau of Weights and Measures is one such organization that is responsible for fixing measurement standards on an international scale.

All companies affiliated with these industries must adhere to these standards to ensure high quality product quality, therefore ramping up the demand for automated optical metrology.

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Pneumatic Bolting Tools Market Analysis by Current Industry Status and Growth Opportunities

• A pneumatic bolting tool is a gearbox or planetary torque multiplier that is joined to a pneumatic air motor and has high reduction ratio. It is used to absorb the torque which is adjusted by controlling air pressure, so as to allow the tool operator to use it with little effort.
• Pneumatic bolting tools are compact, convenient, accurate, and easy to use. They also reduce the overall operation time and ensure safe operations.
• These tools are durable enough to hold out harsh on site conditions mainly in power generation, oil & gas, and mining industries.
• Pneumatic bolting tools deliver consistent high speed rotations for continuous torque output during high torque bolting applications.
• Pneumatic bolting tools also provide a safe work environment and leak-free installation as they reduce spills and leaks from the flanges.

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Global Pneumatic Bolting Tools Market– Dynamics

Key Drivers of the Pneumatic Bolting Tools Market

• Increasing automation across developed and developing countries is expected to drive the demand for pneumatic bolting tools.
• Growth in the automotive sector which has led to higher adoption of equipment is expected to propel the demand for pneumatic bolting tools during the forecast period.
• Rising energy needs across the world is also expected to fuel the market.
• Advanced tool technology for connecting bolts using pneumatic bolting tools has considerably decreased the number of workplace accidents as well as increased the efficiency and accuracy of fittings. This in turn is an important factor driving the pneumatic bolting tool market.

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Resource Circulation Equipment Market Competitive Analysis 2020 and Key Players

The worldwide items reusing industry, with reusing exercises in a single structure or the other is uniformly conveyed over the world. This, as a result, is boosting the growth of the global resource circulation equipment market from 2019 to 2027. The productive utilization of natural innovations has picked up significance because of a developing shortage of crude materials and water. The recuperation of crude materials through reusing is a significant capacity of asset flow hardware. Asset flow gear is principally utilized in reusing of different waste to make vitality or recuperate important materials.

A report by Transparency Market Research provides detailed insights on global resource circulation equipment market. The report helps readers with better decision making and better growth in global resource circulation equipment market. The report helps the readers understand the dynamics of the market and enlightens facets such as developments, opportunities, challenges, and trends that are prevailing in global resource circulation equipment market in the duration of 2019 to 2027.

Global Resource Circulation Equipment Market: Notable Developments

The global resource circulation equipment market is exceptionally aggressive because of different open doors, for example, high benefit age, rising interest in liquor industry, simple creation. Because of these chances, there is a flood of different new players in the market. Thus, the challenge is anticipated to get significantly increasingly extreme.

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To outperform this difficult situation, the players are receiving vital mergers and organizations as their answer. These methodologies are enabling the players to increase vital favorable position over their rivalries for a reasonable future in the global resource circulation equipment market.

In spite of the fact that, there are a few players that add to the resource circulation equipment market development. In any case, the market is ruled by hardly any noticeable players. These players are getting portions of different organizations present in advertise so as to keep up their strength in the resource circulation equipment market.

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Automotive HMI Market : Insights and In-Depth Analysis 2019-2027

Transparency Market Research has published a new report on the global automotive human-machine interface (HMI) market for the forecast period of 2019–2027. According to the report, the global automotive human-machine interface market is projected to reach ~ US$ 27 Bn by 2027, expanding at a CAGR of ~7% during the forecast period.

Global Automotive HMI Market: Key Insights

• According to the report, penetration of the automotive HMIs is rising consistently, led by the arrival of new technologies and the adoption of smart features such as speech and face recognition.
• The infotainment systems segment accounted for a significant share of the global automotive human-machine interface market, owing to the high penetration of infotainment systems in vehicles. However, the integration of various modes of interfaces is rising in all systems, which, in turn, is propelling the automotive HMI market.
• Asia Pacific held a notable share of the global automotive human-machine interface market in 2018. The Asia Pacific automotive human-machine interface market is estimated to expand significantly during the forecast period, at a CAGR of ~7% during the forecast period.

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• Moreover, the rising inclination of the automotive industry toward vehicle connectivity and intelligent transportation has prompted manufacturers to integrate automotive HMIs in vehicles.

Expansion of Global Automotive HMI Market

• An automotive human-machine interface is a key component of smart and autonomous vehicles. Thus, the global automotive human-machine interface market is expected to expand due to the advancements of technologies in the automotive industry.
• Key premium vehicle manufacturers such as AB Volvo, BMW AG, Daimler AG, and Volkswagen Group are adopting technical-advanced features at a significant pace. Furthermore, the development of HMI systems by key automotive manufacturers such as Continental AG, Harman, Alpine, Denso Corporation, Tata ELXSI, and Valeo, is anticipated to boost the global automotive human-machine interface market at a significantly high growth rate.

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Cable Conduit Systems Market 2020 to Perceive Biggest Trend and Opportunity with Key Players

Choc-o-bloc with both regional and international players, the global cable conduit systems market is comprised of both organized and unorganized segments. This makes the competition stiff in the overall market. To stay afloat and thrive in such an environment, keen players are seen betting big on product development and mergers and acquisitions. In this manner they are banking upon both organic and inorganic routes to expand their outreach.

Some of the key players in the global cable conduit systems market are Atkore International, Inc., Thomas & Betts Corporation, and Eaton Corporation Plc.

The global market for cable conduit systems was worth US$3.2 bn in 2014 and will likely attain a value of US$7.4 bn by 2022-end, by clocking an 11.0% CAGR between 2015 and 2022. The figures have been arrived at after a thorough research by our team of expert analysts at Transparency Market Research for a recent report.

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Energy and utility, IT and telecommunications, transportation, industrial manufacturing, healthcare, residential construction, and commercial construction, among others, are some of the key end-use industries in the global cable conduit systems market. Among them, the segment of industrial manufacturing accounted for a leading share of 28.7% in 2014.

From a geographical standpoint, North America accounted for a dominant share of 35.6% in the global cable conduit market in 2014. The region is mainly powered by the U.S. which has stringent rules enforcing the usage of conduit systems installations, especially in the industrial manufacturing sector. Apart from that, the residential and construction projects too are solid contributors to the cable conduit systems market in North America.

Flourishing End-use Segments Benefit Market

At the forefront of driving the market for cable conduit systems is the food and beverages, metal and mining, and oil and gas industries. Healthcare is another sector that is driving up demand along with the construction sector. Their demand is set to receive a further boost on account of the usage of advanced composites in their manufacture.

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