Monday, 13 April 2020

Magnetometer Market: Qualitative Analysis of the Leading Players and Competitive Industry Scenario, 2027

Transparency Market Research delivers key insights on the global magnetometer market. In terms of revenue, the global magnetometer market is estimated to expand at a CAGR of ~ 6% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global magnetometer market.
A magnetometer is a device used to measure the direction and strength of the magnetic field at a particular location. Magnetometers are employed across several sectors such as energy, healthcare, aerospace & defense, consumer electronics, surveys, and industrial.
Increasing usage of magnetometers for the detection of archaeological sites is also one of the major factors likely to drive the global magnetometer market in the near future. Archaeologists are using magnetometer-based devices to discover archaeological sites. These sites may consist of minerals that can be detected with the help of magnetometers. Magnetometers in geophysical surveys conducted for mineral exploration are largely used to search for elements such as gold, silver, iron, and copper.
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Archaeologists use satellite global positioning systems (GPSs) to rapidly and precisely map the location of archaeological sites on the ground. Magnetometers are incorporated into GPS devices that receive signals from numerous satellites orbiting around the Earth, and measure the distance from each satellite on the basis of how quickly the magnetic signal travels. Then, by means of the geometric principle of trilateration, the device calculates the location of the site on the ground. Thus, magnetometers are increasingly being used for the detection of archaeological sites, due to their better detection capability. This factor is anticipated to fuel the global magnetometer market during the forecast period.
Global Magnetometer Market: Prominent Regions
North America accounted for a key share of the global magnetometer market in 2018. The region is expected to dominate the global market between 2019 and 2027, owing to the increasing adoption of smartphones, tablets, and consumer electronics products in the region. Among the countries/sub-regions, the U.S constituted a significant share of the market in North America in 2018. The U.S. makes high investments in R&D activities aimed at innovating new technologies, and is the most technologically-advanced country.
Europe has emerged as the second-largest market for magnetometers across the world. The region is anticipated to hold a considerable share of the global magnetometer market during the forecast period, owing to the increasing penetration of magnetometers in countries of Western Europe and Central Europe, and increased spending on semiconductor manufacturing. The rising use of magnetometers in aerospace and automotive industries is also expected to augment the adoption of magnetometers in Europe in the next few years.
Asia Pacific is anticipated to be a highly lucrative market for magnetometers throughout the forecast period, owing to the increasing adoption of magnetometers in developing economies in the region, such as China. The lucrativeness of the APAC market is anticipated to increase in the next few years, owing to extensive research and development activities taking place in the field of optical pumped magnetometers in the region.
Key players operating in the global magnetometer market are sharpening their competitive edges to display synergies through close cooperation and collaboration in the areas of sales, marketing, and production. Manufacturers are also expanding through organic methods, such as increasing production capacity, in order to meet the rising demand.

Battery Management System Market Analysis and Demand With Forecast Overview to 2027

A recent Transparency Market Research report states that global battery management systems market is expected to witness an exceptional growth during the forecast period of 2019 to 2027. According to the report, the market is anticipated to witness 18.5% CAGR during the projected tenure. The growth of the market is attributed to the rapid escalation of the power demand in various part of the globe. Both domestic and industrial domains have massive power consumption and interruption in power supply can disrupt their productivity. 
Based on these demands, the industries are investing power back-ups that can sustain power cuts keeping the productivity at a sustainable level. Majority of the time, these back-ups are battery driven and hence it gets crucial for the businesses to have a long lasting battery life. As a result of these demands, the battery manufacturers are developing services that can help businesses to manage their battery consumption. Due to these requirements, the global battery management systems market is expected to witness the projected growth between 2019 and 2027.
Industrial Applications to Boost the Market to US$ 16.6 Bn
There are several industries that harness the benefits of battery management systems, especially automotive industry. The applications of these systems in automotive industry is so high that the market is projected to reach to the value of US$ 16.6 bn by the end of 2027. In terms of use, the demand for alternative propulsion systems to reduce the usage of conventional fuels is the major factor that boosts the growth of global battery management systems market. 
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Additionally, the demand for the better running and operations of machines in the manufacturing business also drives this growth. It is noticeable that the global battery management systems market is highly competitive and fragmented. This is because of numerous players that dominate the dynamics of the global battery management systems market. 
To withstand this competition, the business dealing this market are planning and conducting strategic mergers and collaborations. This allows the players to accommodate or get access to the resources that can help them achieve a sustainable future in the global battery management systems market. 
On the other hand, established players are acquiring various small and medium scale businesses to enhance their dominance in the market. Additionally, research and development is one strategy that allows both new players and veterans to bring innovative solutions in the global battery management systems market. With this strategy they can acquire new clients that can propel their profit in the projected time frame. 
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North America Dominates the Regional Front of the Market
On the basis of geographical point of view, North America is expected to remain dominant over other regions of global battery management systems market. This is because players like Tesla, Ford, and General Motors are developing new electric vehicles that can match the performance of conventionally driven cars. Moreover, sheer number of players dealing battery management systems market is also major factor responsible in the growth of North America. 

Drone Services Market Analysis for 2020 and Beyond

Due to the growing demand for unmanned aerial vehicles in defense and agriculture sector the global drone services market is projected to witness a substantial growth in period of 2019 to 2027, says a recent report by Transparency Market Research. The report also states that both the domain have specific applications for the drones and the companies are leveraging these opportunities to gain a serious momentum in the competitive market.
Looking at the growing demand for these drones, Transparency Market Research has published its report on global drone service market that provides in-depth analysis of the market to the reader. The report provides 360-degree analysis of the facets such as opportunities, developments, and strategies that can help the businesses to achieve a sustainable future in the global drone services market.
Growth of the Market Complemented by the Competition in the Market
The global drone services market is currently witnessing a tough competition among the players. These players are developing new machines coupled with new and advanced technologies that can provide a tactical advantage to the UAVs. Due to this competition, the global drone services market is witnessing arrival of new drones in the market.
These drones are equipped with technologies such as STEALTH and AI. The implementation of these technologies into the drones is the result of extensive research and development done by the players to overcome the competition in the drone services market. Additionally, the players are adopting strategies such as partnerships and collaborations to develop and present innovative drones in the market. With the help of these strategies, the players can have a sustainable future in the global drone services market
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On the flip side, to maintain their dominance in the global drone services market and expand their production and resource pool, some of the prominent players are acquiring several other businesses. With this strategy the players can achieve a competitive edge over their rivals and acquire a major share in the global drone service market.
Agriculture is the Emerging Segment of the Market
Although, the biggest customer of drone services market is the defense segment. The segment uses various UAVs for reconnaissance and strike missions. However, the new sensation on the global drone services market is agriculture sector. The industry is using drones to understand the topography of the location for better farming. Since more farmers are getting educated now and are understanding the advantages of technology, agriculture industry is the presents a huge potential for the players of global drone services market.
Similarly, construction industry is also contributing in the growth of global drone service market. This is because, the industry is using drones to monitor the progress of the construction with advanced cameras and algorithms incorporated in the UAV. Since the data collected from the drones can help save millions of dollars for a construction company, the industry is aggressively using drone services. Based on these extensive adoption by both agriculture and construction segment, these two hold a top spot in end use industry section of global drone services market.
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North America to Account for Maximum Potential
On geographical basis, North America dominates the global drone service market. This is because, the farmers in the U.S. use drone to monitor their vast farms and their progress in terms of production. Additionally, defense sector of the U.S. is one of the biggest promoter and customer of drones. Based on these parameters, the experts at Transparency Market Research state that North America shall dominate the regional segmentation of the global drone services market. Moreover, businesses like Lockheed Martin and Boing who are the pioneers of drone manufacturing are headquartered in North America which is another factor that boosts the dominance of the region in global drone services market from 2019 to 2027.

Global Optical Sensor Market Study and COVID-19 Impact Analysis

Transparency Market Research delivers key insights on the global optical sensor market. In terms of revenue, the global market is estimated to expand at a CAGR of ~11% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights in its report on the global optical sensor market.
Optical sensors convert light into electric signals. They measure the physical quantity of light and convert light into a form that can be interpreted by an instrument. An optical sensor is connected to an electric trigger that can react as per changes in the signal. Optical sensors have the ability to measure changes in the wavelength of light. Optical sensors work by using either the single-point method or the distribution point method. In the single-point method, change in the single phase is required to activate the optical sensor. In the distribution point method, the sensor is reactive in series.
Optical sensors have evolved significantly since their introduction 40 years ago. Technological advancements over the last decade have resulted in the development of optical sensors that are suitable to function at a wide range of wavelengths, from ultraviolet (UV) to infrared (IR).
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The global optical sensor market is witnessing significant advancements and innovations. Due to this, the market is expected to expand at a significant rate during the forecast period. Significant increase in the demand for optical sensors for use in a wide range of applications is another factor boosting the global optical sensor market. Optical sensors are employed in various applications such as oil & gas, border security, and smart homes.
Global Optical Sensor Market: Prominent Regions
North America accounted for a key share of the global optical sensor market in 2018. The region is expected to dominate the global market between 2019 and 2027, owing to the increasing adoption of smartphones, tablets, and consumer electronic products in the region. The U.S. constituted a significant share of the market in North America in 2018. The country witnesses high investments in R&D activities aimed at innovating new technologies, and is also the most technologically-advanced region.
Europe has emerged as the second-largest market for optical sensors across the world. The region is anticipated to hold a considerable share of the global optical sensor market during the forecast period, owing to the increasing adoption of optical sensors in countries of Western Europe and Central Europe, and increased spending on semiconductor production. The rising use of optical sensors in biometric systems is also expected to augment the adoption of optical sensors in Europe in the next few years.
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Asia Pacific is anticipated to be a highly lucrative market for optical sensors throughout the forecast period, owing to the growing penetration of optical sensors in developing economies such as China, in the region. Lucrativeness of the market in Asia Pacific is anticipated to increase in the next few years, owing to extensive research and development activities being conducted in the field of pumped optical sensors in the region.
Key players operating in the global optical sensor market are displaying synergies through close cooperation and collaboration in the areas of sales, marketing, and production. Manufacturers are also expanding through organic methods, such as increasing production capacity, in order to meet the rising demand.
Global Optical Sensor Market: Key Players
Key players operating in the global optical sensor market are ROHM Co. Ltd, Rockwell Automation Inc., SICK AG, Vishay Intertechnology Inc., Honeywell International Inc., On Semiconductor Corporation, IFM Efector Inc., Keyence Corporation, Pepperl+Fuchs GmbH, STMicroelectronics NV, and Panasonic Corporation.

Global UAV Propulsion System Market: Key Players and Growth

Transparency Market Research delivers key insights on the global UAV propulsion system market. In terms of revenue, the global UAV propulsion system market is estimated to expand at a CAGR of ~13% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global UAV propulsion system market.
The commercial use of unmanned aerial vehicles (UAVs) was first recorded in Japan in the early 1980s, where, these vehicles were used to spray pesticides on rice fields. Since then, UAV technology has provided advanced and new applications to all major industries. UAVs can be used in various applications in key sectors including agriculture, urban development, traffic management, disaster management, forest & wildlife, healthcare, security, and mining. They have empowered organizations and enabled them to capture highly accurate and real-time data in a highly cost-effective manner. The increase demand for unmanned aerial vehicles is expected to spur the adoption of UAV propulsion systems.
Owing to the need for modern technology, especially in high-tech regional wars, as well as to face the challenges of complex counter-insurgency, intelligence, surveillance, and counter-terrorism operations, countries across the globe are allocating a higher portion of their defense budgets to the deployment of UAVs in armed forces. Moreover, the global UAV propulsion system market is shifting toward the incorporation of AI into UAVs to attain advanced features such as dynamic target tracking capability and visual surveillance. Furthermore, the increasing deployment of UAV propulsion systems in various military applications is expected to promote the growth of the global UAV propulsion system market during the forecast period.
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A complete set of UAV operating regulations has not yet been defined, globally, which is anticipated to hinder the demand for UAV propulsion systems during the forecast period.
Global UAV Propulsion System Market: Prominent Regions
North America accounted for a key share of the global UAV propulsion system market in 2018. The region is expected to dominate the global UAV propulsion system market during 2019 and 2027, owing to the increasing demand for these UAV propulsion systems in the commercial and military sectors in the region. Among the countries/sub-regions, the U.S. constituted a significant share of the UAV propulsion system market in North America in 2018. The U.S. makes high investments in R&D activities aimed at the innovation of new technologies, and is also the most technologically advanced country.
Europe is likely to emerge as the second-largest market for UAV propulsion systems during the forecast period. The region is anticipated to hold a considerable share of the global UAV propulsion system market during the forecast period. The rising use of drone delivery services in healthcare and warehouse industries in the region is expected to augment the adoption of UAV propulsion systems in Europe in the next few years.
Asia Pacific is anticipated to be a highly lucrative market for UAV propulsion systems throughout the forecast period, owing to the increasing adoption of UAV propulsion systems in developing economies in the region, such as China. The lucrativeness of the UAV propulsion system market in Asia Pacific is anticipated to increase in the next few years, owing to extensive research and development activities for civil and commercial applications of UAVs taking place in the region.
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Key players operating in the global UAV propulsion system market are displaying synergies through close cooperation and collaboration in the areas of sales, marketing, and production. Manufacturers are also expanding through organic methods, such as increasing their production capacity, in order to meet the rising demand for UAV propulsion systems.
Global UAV Propulsion System Market: Key Players
Key players operating in the global UAV propulsion system market are Ballard Power Systems Inc., LaunchPoint Technologies Inc., Northwest UAV, ORIBTAL CORPORATION, Rotron Power Ltd., Safran SA, Sky Power GmbH, UAV Propulsion Tech, and UAV Turbines, Inc.

Power Inductor Market Report 2020-2027 Manufacturers, End Users, Growth, Market Share And Revenue Analysis

According to a new research report published by Transparency Market Research the global power inductor market is expected to reach a value of ~US$ 2.6 Bn by 2027, expanding at a CAGR of ~4% from 2019 to 2027. According to the report, the global power inductor market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Asia Pacific is projected to continue to lead the global market, with the power inductor market in the region expanding at a prominent CAGR between 2019 and 2027. 
Global Power Inductor Market: Overview
  • Owing to advancements in technology, the use of consumer electronic devices has greatly increased over the last few years.
  • The global power inductor market is experiencing steady growth, due to the increasing number of new product launches in the consumer electronics sector, rising demand for passive electronic components, growing use of inductors in automotive electronic applications, and rising adoption of smart grids.
  • The global automotive industry is expanding continuously, owing to technological advancements in this sector. These advancements have increased the production of automated cars and focus on the production of electric vehicles. 
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SMD Power Inductors to Dominate Global Power Inductor Market
  • The SMD power inductor segment is anticipated to dominate the global power inductor market throughout the forecast period, as SMD power inductors are smaller in size as well as magnetically shielded. Also, they have high current capacity, and hence, are suitable for handling high currents.
  • SMD power inductors are less expensive than through-hole power inductors, and hence, are largely used in consumer electronic devices. SMD power inductors are ideal for use in DC–DC converters. Thus, the demand for SMD power inductors is likely to increase in the near future. 
Consumer Electronics a Highly Lucrative End-use Industry
The growing use of power inductors in smartphones, tablets, notebooks, servers, portable gaming devices, and GPS products is a primary driver of the global power inductor market, as power inductors offer the capacity to withstand large currents and low DC resistance.
  • Rapid rise in the penetration of consumer electronic devices across the world is boosting the global power inductor market. The introduction of touchscreens and other advanced features in consumer electronic products has boosted consumer interest in technology, and has prompted them to spend more on these products.
  • The consumer electronics segment held 65.4% share of the global power inductor market, in terms of revenue, in 2018. 
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Asia Pacific to be a Highly Lucrative Market for Power Inductors
  • In terms of geography, the global power inductor market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific dominated the global market, holding 56.02% of the market share in 2018. The market in the region is expected to expand at a significant CAGR during the forecast period.
  • The dominance of Asia Pacific is anticipated to further increase in the near future, owing to the presence of a large number of market players and extensive research & development activities taking place in the field of power inductors in the region.
  • In Asia Pacific, China is anticipated to be a major market for power inductors in the near future. The rising use of power inductors in the consumer electronics industry in China is likely to drive the market in the country during the forecast period. 
Power Inductor Market: Competition Landscape
  • With the objective of business expansion, several players operating in the global power inductor market are expanding their offerings through investments in new product development. An increasing number of players are spending significantly on R&D activities to develop technologically-advanced power inductors.
  • Some of the prominent players operating in the global power inductor market are TDK Corporation, Murata Manufacturing Co., Pulse Electronics Corporation, AVX Corporation, Samsung Electro-Mechanics Co., Ltd., SUMIDA CORPORATION, Bourns, Inc., ETAL Group, Vishay Intertechnology, Inc., and West Coast Magnetics.

Dissolved Gas Analyzer Market: Comprehensive Study By Key Players, Growth, Market Share, Technique and Application

Transparency Market Research delivers key insights on the global dissolved gas analyzer market. In terms of revenue, the global dissolved gas analyzer market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global dissolved gas analyzer market.
Dissolved gas analyzers monitor and detect developing faults within the main tanks of transformers and associated oil field equipment. Transformers have been employed since the earliest days of electricity generation and transmission. High thermal and electrical stress causes the mineral oil that is used in a power transformer to decompose. Hydrogen (H2), ethylene (C2H4), carbon monoxide (CO), methane (CH4), and acetylene (C2H2), among other gases, are formed as a result of this process. Such gases are formed depending on the faults of the transformer. The introduction of low-cost test methods for dissolved gases and the increasing number of aging power transformers are propelling the growth of the dissolved gas analyzers market.
Global Dissolved Gas Analyzer Market: Market Dynamics
Increased demand for tracking transformer safety in order to improve operational efficiency is expected to fuel the adoption of gas analyzers significantly during the forecast period. The primary use of dissolved gas analyzers is to detect faults in early-stage power transformers. They help energy companies (users) to set up maintenance programs that are designed to fix and prevent faults, and enhance the lifespan of power transformers.
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The dissolved gas analyzer (DGA) market is fueled by numerous technological advancements. Rising demand for safe power transformers prompts manufacturers to innovate and develop better technological solutions in order to fulfill the needs of customers. Increasing installation of power transformers, worldwide, is expected to drive the market in the near future. Rising number of environmental pollution-related programs aim to have a significant impact on the global economy. 
Different steps are being taken by various governments around the world to reduce carbon footprint, with the hope that the overall market would expand in the next few years. The demand for dissolved gas analyzers is estimated to increase in the near future, as end-user industries are focused on the enhancement of their equipment performance and reducing the risks involved in their use. Significantly high risk posed by power transformer facilities, due to lack of monetary resources and ageing and weakening labor force, may restrict the global market.
Global Dissolved Gas Analyzer Market: Prominent Regions
Asia Pacific is a dominant market for dissolved gas analyzers, globally. Expansion of the market in the region can be attributed to considerably high investments in research & development activities by manufacturers operating in the region. Moreover, the rising adoption of dissolved gas analyzers in developing economies in Asia Pacific, owing to technological advancements and cost-efficiency, is also attributed to drive the market in the region.
Developing economies in the region are witnessing expansion of infrastructure; therefore, the installation of power transformers is increasing along with emerging research on online DGAs. This, in turn, is boosting the overall demand for DGAs. The DGA market in North America is estimated to expand significantly during the forecast period, owing to the presence of aging power transformers in the region, which require safe monitoring. Therefore, the need to ensure the accurate detection of fault gases in new transformers is projected to fuel the demand for DGAs in the region. The dissolved gas analyzer markets in the Middle East & Africa and South America are expected to expand at a moderate pace in the near future, due to the considerable expansion of the oil & gas industry in these regions.
Global Dissolved Gas Analyzer Market: Key Players
Key players operating in the global DGA market include LumaSense Technologies Inc., Weidmann, General Electric, Morgan Schaffer Corporation, ABB Ltd., Doble Engineering, Gatron Gmbh, OELCHECK Gmbh, SD Myers, Inc., Qualitrol Company LLC., EMH Energy-Messtechnik GmbH, and Sieyuan Electric Co. 

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 ...