Wednesday, 22 April 2020

Mechanical, Electrical, and Plumbing (MEP) Software Market To Make Great Impact In Near Future By 2027

  April 22, 2020    No comments
Mechanical, electrical, and plumbing software, designed specifically for users in the mechanical, electrical, or plumbing industries to improve overall project efficiency.
Mechanical, electrical, and plumbing industries are rising along with the global growth of the construction industry. Due to changes in regulatory environment and unavailability of qualified assets, most companies find it hard to grab market opportunities. This therefore implies the need for a smart solution.
Global Mechanical, Electrical, and Plumbing (MEP) Software Market: Dynamics
  • Increasing smart city projects
    • The increasing funding by the government of various countries for the implementation of smart city projects has given the main growth opportunity to the construction industry which accelerated the demand for Mechanical, Electrical, and Plumbing (MEP) Software. For example: In 2015, the Minister of Housing and Urban Affairs, Government of India initiated a smart city program, in which government released a total fund of US$ 29.5 billion (INR 2,01,981 crore) for 99 smart cities.
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North America Led the Global Market in 2019
  • Based on the region, the global Mechanical, Electrical, and Plumbing (MEP) Software market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • North America held a dominant share of the global Mechanical, Electrical, and Plumbing (MEP) Software market in 2019. It is expected to continue its dominance throughout the forecast period. The U.S. and Canada are the major countries that drive the market in this region.
  • The increased influence of market leaders such as Autodesk, Inc.,Trimble Inc., Bentley Systems, Incorporation, etc. and early adoption technology pattern are some of the key factors that make North America dominant in the global mechanical, electrical and plumbing (MEP) software market.
  • The Mechanical, Electrical, and Plumbing (MEP) Software market in the Asia Pacific is expected to expand at the maximum CAGR during the forecast period. India, China, Japan, and Australia are major countries of the Mechanical, Electrical, and Plumbing (MEP) Software market in the region.
  • The growing population of urbanization in Asia Pacific countries has raised the demand for new construction that has simultaneously intensified the Mechanical, Electrical, and Plumbing (MEP) software market in this region. Moreover Increasing government spending in smart city projects has also acclered the market in this region .
Key Players Operating in the Global Market
Key players operating in the global Mechanical, Electrical, and Plumbing (MEP) Software market are listed below:
  • MagiCAD Group
  • Autodesk, Inc.
  • Trimble Inc.
  • Nemetschek Group
  • Bentley Systems, Incorporated
  • Construction Industry Holdings Plc
  • eVolve MEP
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Automotive End-Point Authentication Market: Top Key Players, Industry Dynamics, And Regional Scope 2025

  April 22, 2020    No comments
The global market for automotive endpoint authentication is anticipated to witness a healthy growth over the coming years. According to Transparency Market Research (TMR), the vendor landscape fragmented with few market participants. The industry is monopolized by established vendors which makes it tough for new market participants to gain a foothold. Also, the costs involved with setting up production plants in this industry are quite high and tend to deter medium- and small-sized enterprises. Some of the key vendors participating in the global end-point authentication market are Synaptics Incorporated, Symantec Corporation, Garmin Ltd., Sonavation, Inc., and Fujitsu Ltd.
Our report predicts that the global automotive end-point authentication market will grow at healthy CAGR of 8.6% over the forecast period of 2017 to 2025. The market, which stood at an estimated valuation of US$0.504 mn in 2017 is expected to touch US$1.115 mn by the end of the forecast period.
HVs and EVs to Emerge Popular Market Segments
The overall automotive end-point authentication market comprises of conventional and electric & hybrid vehicles based on the vehicle type. Our report mentions that while the conventional vehicle segment has held almost half of the overall market revenue till date, the segment of HVs and EVs is expected to gain prominence. Over the coming years, electric and hybrid vehicles segment is set to experience a surge in growth rate due to their growing popularity and utilization. Being eco-friendly and fuel efficient they will see their sales soar further.
Considering geographical segmentation, Europe generated the most revenue with a whopping thirty percent share of the overall market. While based on growth rate, the Asia Pacific is foretold to see immense growth opportunities. This is attributed to the perpetually increasing demand of passenger vehicles in growing economies like China and India.
Regulatory Standards to Create Ample Market Opportunity
Significantly propelling the market is the stringent regulatory requirements globally that are compelling automobile manufacturers to develop vehicles having improved safety and security features, leveraging end-point authentication as a major technology. Besides, automotive end-point authentication technology aids in stemming thefts and damages to vehicles. This is also expected to catalyze growth in the market.
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An important growth driver in the global automotive end-point authentication market is the stringent regulatory requirements in different parts of the world. Global standards such as Federal Motor Vehicle Standards, National Highway Traffic Safety Administration (NHTSA), and Euro standards are egging vehicle manufacturers to produce vehicles having enhanced safety and security features.
Safety Concerns to Augment Market Growth Further
At present, cars are connected with Bluetooth and WIFI, thus rendering them vulnerable to cyber-attacks. Hence, it has become essential to invest in a security system, which can prevent malfunction and unauthorized access. This can be attained by installation of an automotive endpoint authentication system that prevents cyber-attacks and unauthorized access to the vehicle or its peripherals.
Additionally, the rise in growth for smartphone application market is also augmenting the market growth for automotive end-point authentication. Moreover, in automotive sector, the Biometric Application programming Interface (BioAPI) would certainly boost the market growth for end-point authentication.
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Automotive Radar Market Status By Current Trend And Future Plan 2019-2026

  April 22, 2020    No comments
Automotive radars are play a critical role in the detection of objects in many different safety systems like adaptive cruise control, automated emergency braking, blind spot detection, and pedestrian detection. A shift towards the modern technology of driverless vehicles is estimated to offer advantage to the world market for automotive radar as radars play a very significant role in the making of an automobile which is entirely autonomous. In addition to this, an emphasis on innovation, surging sales of vehicles in the developing world, and a focus on the security and safety are triggering the growth of the world market for the automotive radar. 
The international automotive radar market is marked with the emergence of many different important market players such as Autoliv Inc., Baumer, Magna International Inc., GM Cruise LLC., Robert Bosch GmbH, ZF Friedrichshafen AG, InnoSenT GmbH, Mando Corp., Continental AG, and Denso Corporation. Transparency Market Research makes an estimation that the international market for automotive radar would be worth around US$ 4.9 bn by the year 2026. The global market for automotive radar is anticipated to rise at an exponential, double digit CAGR of 19.5% from the year 2017 to the year 2026.
Europe is the Continue with its Dominance over the Period of Forecast
In terms of region, the international market for automotive radar has been divided into the regions of Asia Pacific except Japan, Europe, Middle East and Africa, Latin America, North America, and Japan. It has been anticipated that the region of Europe would hold on to its position as the lead player in the world market for automotive radar over the period of forecast that extends from the year 2017 to the year 2025.
The European Commission has just initiated the 79 GHz venture for vehicular radars, which has laid the very foundation stone for the future advancement of the world market for automotive radar.
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Increasing Number of Health Conscious People to Propel the Market
Automotive safety rules that compel and even accentuate the utilization of such technically advanced safety innovation across the globe is relied upon so as to propel the demand for automotive radar. Suitable macro-economic condition, for instance, better consumer confidence index, increase in disposable income, expanding urban population together with improved scope of employment in developing and developed economies alike, for example, India, Germany, South Korea, China, the U.S., Canada, and France are estimated to contribute towards the considerable growth of the said market. 
Furthermore, rising interest for various advanced features, such as cruise control is anticipated to result in an upsurge in the interest for automotive radars which in turn is driving the world market for automotive radar.. Constant developments in the design and working have proved advantageous for the world market for automotive radar as well. 
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Global Automotive Leaf Spring Market to be worth US$7,631.1 mn by 2025

  April 22, 2020    No comments
A newly compiled business intelligence study by Transparency Market Research (TMR) notifies that the global automotive leaf spring market is prospering, and has project the demand to expand at a notable CAGR of 6.1% during the forecast period of 2017 to 2025. The lead analyst of the report states that while the automotive industry has been consistently touching new peaks in the past couple of decades on the back of increasing disposable income of urban populations, suspension units are essential for load capacity of the vehicles as well as for safety and comfort for passengers.
Presently, a moderately consolidated competitive landscape has been detected by the TMR report in the global automotive leaf spring market, wherein a handful of players accounted for a prominent chunk of shares as of 2017. Rassini, Hendrickson USA, L.L.C., Dongfeng Motors, Sogefi SpA, Jamna Auto Industries, Emco Industries, LITEFLEX, NHK Springs Co. Ltd., Mubea, SGL Group, IFC Composite, Frauenthal Group, Olgun Çelik San., Jonas Woodhead & Sons India Ltd., Auto Steels, Kumar Steels, MackSprings, Protopower Springs Pvt. Ltd., Vikrant Auto Suspensions, Akar Tools Limited India have been identified as some of the key companies in this market.
If the estimations of the TMR report are to be believed, the opportunities in the global automotive leaf spring market will translate into a revenue of US$7,631.1 mn by the end of 2025, substantially more than the market’s evaluated worth of US$4,767.3 mn in 2017. Going forward, the analysts have anticipated that the players will be concentrating on the development of new products as well as expansion of their capacity by the means of mergers and acquisitions. Based on the type of end, the market has been segmented into double end leaf spring and open end leaf spring.
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On the basis of shape, the market has been bifurcated into parabolic and elliptical, which is further divided into semi elliptical and transverse. Sales channel segmentation of the market has been done into original equipment manufacturers (OEMs) and aftermarket. Vehicle type classification of the market has been done into passenger vehicle and commercial vehicle. Geographically, Asia Pacific has been highlighted as the most profitable region by a long margin, followed by North America.
Increased Production of Heavy Commercial Vehicles Driving Demand
The demand in the global automotive leaf spring market is directly proportional to the number of heavy and medium duty commercial vehicles produced across the world. On the back of thriving transportation industry, escalating demand from the increasing fleet size, and prospering agriculture and construction industries, the automotive leaf spring market is poised for a fruitful future.
In addition to that, radical growth of the ecommerce industry is also expected to open new opportunities in this market, particularly in the Asia Pacific region. On the other hand, growing preference for air suspension systems, rising number of car-sharing services, and stringent government regulation for owning luxury cars are obstructing the market from attaining its true potential. The analysts of the report also highlights increasing preference for strut coils over spring setups in light commercial vehicles in Europe and growing usage of composite leaf springs as couple of trends of this market.
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Key Takeaways:
  • Demand in the global automotive leaf spring market to expand at a formidable CAGR of 6.1% during the forecast period of 2017 to 2025
  • Competitive landscape is moderately concentrated with major players expanding capacity to maintain a stronghold
  • Asia Pacific the most lucrative region by a long margin
The information presented in this review is based on a Transparency Market Research report, titled, “Automotive Leaf Spring Market (Type of end – Double End and Open End; Shapes – Parabolic and Elliptical (Semi-elliptical and Transverse); Sales Channel – OEM and Aftermarket; Vehicle Type – Passenger Vehicles and Commercial Vehicles) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025”
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Battery Electronic Control Unit Market for Electric Vehicle Growth Rate by Segments to 2025

  April 22, 2020    No comments
An electric car uses an electric battery for its propulsion. The chief advantage of an electric vehicle is that it emits lower CO2 than most conventional non-electric vehicles. In the automobile industry, a battery electronic control unit is an embedded electronic device, basically a digital computer that reads the signals coming from the electric battery. Demand for battery electronics control unit is estimated to increase during the forecast period due the preference of developed countries toward electric vehicles.
A battery electronic control unit combines and controls all the task related with battery operation. It monitors and measures temperature, voltages, and current of the battery. It also provides cooling for better battery efficiency. Cooling is important for long battery life and optimum fuel efficiency. It’s an expensive device and technology, which increase the price of the vehicle. These factors are anticipated to hamper the battery electronics control unit market during forest period.
The battery electronic control unit market for electric vehicle can be segmented into vehicle type, sales channel, application, and region. In terms of vehicle type, the battery electronic control unit market for electric vehicle can be divided into passenger vehicles and commercial vehicles. In electric passenger vehicles, the demand for hatchback cars, sedan, and multi-purpose vehicle and sports utility vehicles is expected to be high. Increased demand for fuel-efficient vehicles and government policies across the globe are anticipated to drive demand for battery ECU for electric vehicle during the forecast period, due to the high demand for electric vehicles. The passenger vehicles segment is estimated to dominate the battery electronic control unit market for electric vehicle during the forecast period.
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Based on sales channel, the battery electronic control unit market for electric vehicle can be segmented into original equipment manufacturers and aftermarket. Companies that hold a significant share of the market in traditional vehicles are presently focusing on electric vehicles, which in turn is anticipated to propel the battery electronic control unit market for electric vehicle during the forecast period.
Based on application, the battery electronic control unit market for electric vehicle can be segregated into battery electric vehicle, plug-in hybrid vehicle, and hybrid vehicle. Electric vehicles and plug-in vehicles are witnessing a consistent increase in demand due to rising concerns about environment safety. Governments of various countries have supportive policies for production of battery electric vehicles and plug in vehicles. This, in turn, is likely to drive the demand for battery electronic control units. The battery electric vehicle segment is anticipated to dominate the battery electronic control unit market for electric vehicle during the forecast period.
Based on geography, the global battery electronics control unit market for electric vehicle can be segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is expected to lead the battery electronic control unit market during the forecast period due to the booming automotive industry in the region. China became largest country not only in electric car manufacturing but also a global leader in adoption of electrification of transport mode. Japan and Korea are also witnessing a steady growth demand for in electric vehicles. Consumption of electric vehicles and hybrid vehicles in Europe shows continuous increment.
Key players operating in the battery control electronic control unit market for electric vehicle are Preh GmbH, Ltd, Primearth EV energy co., Denso Corporation, Keihin Corporation, VIDEOTON Group, and Vector Informatik GmbH.
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Automotive OLED Market SWOT Analysis by Key Players

  April 22, 2020    No comments
Automotive OLED (Organic Light-Emitting Diode) in which the emissive electroluminescent layer is a film of organic compound that emits light in response to an electric current. Automotive OLED is a type of advanced automotive lighting. This layer of organic semiconductor is located between two electrodes, one of which is transparent. OLEDs are used to create digital displays in devices such as television screens, computer monitors, mobile phones, and personal digital assistants (PDAs). An OLED display works without a backlight. There are some OLEDs which are used on exterior of the vehicle and are as useful as headlights. Infotainment screen on the dashboard of the vehicle is made up of OLED display due to its special advantages over other lighting technology.
Consumers of market are demanding more for the vehicles integrated with more specialty features. Vehicle manufacturers are focusing on developing lighting features inside vehicles. OLEDs are extensively used in these lighting system due to their size and variability. Furthermore, the ever-increasing production of lightweight, luxurious vehicles are projected to boost the automotive OLED market during the forecast period.
By taking safety of the consumer into account automotive makers are concentrating more on the safety measures and OLEDs are useful in providing the adaptive front lighting for the vehicle. Infotainment systems provide information about the health of various component of vehicle and provide application such as global positioning system (GPS) along with entertainment. OLED is extensively employed in premium cars as infotainment displays. Lifespan of OLEDs is shorter than laser and LED. They also consume more power. These factors are likely to inhibit the market during the forecast period.
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In terms of location, the automotive OLED market can be bifurcated into interior OLEDs and exterior OLEDs. Interior OLEDs are located inside the vehicle and are used to provide interior lighting system, display for infotainment systems, and head-up display. Exterior OLEDs are used as front headlight.
Based on structure, the automotive OLED market can be divided into transparent OLEDs, graded hetero-junction OLEDs, stacked OLEDs, and inverted OLEDs. Transparent OLEDs use transparent or semi-transparent contacts on both sides of the device to create displays. Graded hetero-junction OLEDs gradually decrease the ratio of electron holes to electron transporting chemicals. Stacked OLEDs use a pixel architecture that stacks the red, green, and blue sub-pixels on top of one another. Inverted OLEDs uses a bottom cathode that can be connected to the drain end of an n-channel TFT.
In terms of vehicle type, the automotive OLED market can be classified into passenger vehicles (PV) and commercial vehicles (CV). Passenger vehicles include hatchback cars, sedans, multi- purpose vehicles (MPV), and sport utility vehicles (SUV). Commercial vehicles include light-weight commercial vehicles (LCV) and heavy commercial vehicles (HCV).
Based on geography, the automotive OLED market can be segmented into North America, Europe, Asia Pacific, and Rest of the World (ROW). Asia Pacific accounts for a major share of the global automotive OLED market owing to the high adoption rate of automotive OLED and a booming automotive sector leading to an increase in production of vehicles with automotive OLED, especially in China and India.
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Diabetic Shoes Market SWOT Analysis & Key Business Strategies by Key Players 2024

  April 22, 2020    No comments
The global diabetic shoes market is highly dynamic and packed with new regional players, reports Transparency Market Research. These players are  offering products at highly competitive prices, thus posing a challenge to the existing players. Prominent players in the global diabetic shoes market include Advance Diabetic Solution, Aetrex Worldwide, DARCO International, and Dr Zen Products, Inc. These players are gradually expanding their revenue share in the market by introducing new products and making strategic collaborations. 
As projected by TMR analysts, the diabetic shoes market is expected to rise at a steady CAGR of 8.1%. Growing at this pace, the market is perceived to rise from its initial value of US$5.0 bn to attain a valuation of US$9.9bn by 2024. 
In terms of distribution channels, the global diabetic shoes market is segmented into specialty stores, departmental stores, shoes stores, super market and hyper market, and online stores. Among these, the online stores segment fetches the maximum revenue. It is anticipated to progress at a promising CAGR of 8.5% during the forecast period. 
Regionally, the global diabetic shoes market spreads across Asia Pacific, North America, Europe, Latin America, Africa, and Middle East. Out of these, Asia Pacific presents the highest growth opportunities for the market due to an increase in the purchasing power and the availability of low-cost diabetic products. 
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Rising Incidence of Diabetes Spike Demand for Diabetic Shoes  
According to World Health Organization, in 2016 approximately 1.6 million deaths were caused due to diabetes and about 422 million adults were living with diabetes in 2014. This is an alarming number that necessitates the need for the prevention and control of diabetes. This factor has greatly encouraged the adoption of diabetes shoes, thereby expanding the diabetic shoes market’s growth. 
Additionally, the growing disposable income and high purchasing power have influenced the market’s growth. The urban population is well aware of the precautions that need to be taken by a diabetic patient. Besides, governments are creating awareness among the population regarding diabetes and the benefits of diabetic shoes. Moreover, clinicians highly recommend this product to the patients, thus contributing to the diabetic shoes market’s growth. 
In addition to the aforementioned drivers, rising research and development activities leading to the development of enhanced products is driving the industry’s growth. Additionally, enhancement of the online shopping experience has also presented lucrative growth opportunities for the diabetic shoes market’s growth. The market is effectively foraying in the online platform leading to an expansion of its consumer base. 
However, there are a few bottlenecks that may pose a challenge to the global diabetic shoes market. Lack of awareness in the underdeveloped regions and the availability of other diabetic care devices and products may confine the market’s growth. Nonetheless, rising global population and the consciousness regarding health may reduce the effects of the restraints. 
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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 ...