Monday, 4 May 2020

Smart Bombs Market Share and Value Chain 2017-2025

  May 04, 2020    No comments
A smart bomb is a precision guided munitions designed and developed to achieve smaller circular error portability. The smart bombs reduces the risk of air crews, ordnance spend and collateral damages and increases the damage effectiveness as they can be guided to a particular target and the lethality of these smart bombs against the targets are much more than the unguided bombs. The mechanism of these smart bombs are very different from the conventional bombs as these smart bombs have a triggering device with a time delay systems and a proximity sensor or an impact sensor. As the smart bomb approaches the target, the trigger goes off automatically, initiating the fuse to ignite the explosives resulting in explosion. 
The major boosting factor for the smart bombs market is the surging demand for precision munitions or precision bombs. The precision munitions can be guided as per the target and the damaged caused by these munitions or bombs are much more than the unguided. This advantage is increasing the interest among the defense forces across the globe to adopt the smart bombs in order to combat the enemy. Moreover, smart bombs reduces the logistics burden of the military forces as one smart bomb can damage thrice an unguided bomb.
The costs involved in logistics of unguided bombs is much higher than that of smart bombs, which is an attractive factor for the defense forces. The reduction in logistic burden with smart bombs is fuelling the market for smart bombs. In addition, modernization of defense forces includes equipping the defense forces with modern weapons and munitions such as smart bombs which in turn strengthen the military forces to combat any enemy attacks. The modernization programs in defense forces are also driving the market for smart bombs across the globe. 
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The major factor hindering the market for smart bombs is the bomb integration challenge. The smart bombs cannot be fitted to the traditional bomb launchers as they have mechanism for guiding the bomb to the targets. The aircrafts, naval ships, bomb launchers need to be specifically designed to launch the smart bomb so that malfunction of sensors, cameras and other integrated technologies are not hindered. This procedure requires huge investments, which is limiting the developing country’s defense forces to adopt smart bombs. 
The smart bombs market possess a potential growth opportunities in future as the demand for smart bombs is increasing in the developing countries. Countries such as India, South Korea, Vietnam, Australia, Turkey, Israel, and Brazil among others are demanding for smart bombs in order to fight the enemy. Owing to the fact that, the defense expenditure is growing in the developed as well as developing countries, the standardization of weapons and munitions are being carried out heavily. The standardization of weapons includes replacing old munitions with precision munitions, which is expected to drive the market for smart bombs in future. 
The market of smart bombs is segmented on basis of guidance, platform and geography. Based on guidance, the smart bombs market is segmented as radio guided bombs, infrared guided bombs, laser guided bombs, GPS, and satellite guided bombs. The laser guided bombs dominate the market followed by satellite guided bombs. Based on platform, the smart bombs market is segmented as airborne and naval based. Geographically, the smart bombs market is categorized as North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The smart bombs market was dominated by North America, followed by Europe. Asia Pacific is the fastest growing region across the globe in the market for smart bombs. 
The manufacturers of smart bombs across the globe are Lockheed Martin Corporation (U.S.), Raytheon Company (U.S.), Bharat Electronics Limited (India), The General Atomics Corporations (U.S.), L-3 Communications Holding Inc. (U.S.), Textron Inc. (U.S.), General Dynamics Corporation (U.S.), Israel Aerospace Industries Ltd. (Israel).
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Connected (Smart) Street Light Market - Snapshot on Global Benefits 2026

  May 04, 2020    No comments
According to a new market research report titled ‘Connected (Smart) Street Light Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’ published by Transparency Market Research, the global connected (smart) street light market is expected to reach US$ 1,502.8 Mn by 2026, expanding at a CAGR of 21.0% from 2018 to 2026. According to the report, the global market is expected to be influenced by a range of macroeconomic and market-specific factors. In terms of demand, Europe is projected to continue to lead the global market, with the market in the region expanding at a CAGR of 19.5% between 2018 and 2026. Growing adoption of smart lighting and control systems is anticipated to significantly drive the market during the forecast period.
Energy-efficient solutions drive the connected (smart) street light market
The global connected (smart) street light market is projected to expand at a significant growth rate during the forecast period, due to the increasing trend of energy-efficient solutions offered by manufacturers. Growing awareness about energy-efficient street light models is primarily fueling the connected (smart) street light market. As electricity prices continue to rise, more and more government organizations are switching toward connected (smart) street lights to reduce operational costs while improving safety and efficiency.
Also, increasing use of electricity across residential, commercial, and industrial sectors has led to rise in operational and maintenance costs of lighting controls, which is expected to augment the connected (smart) street light market in the next few years.
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Global Connected (Smart) Street Light Market: Scope of Report
The global connected (smart) street light market has been broadly segmented based on connectivity, component, and region. In terms of connectivity, the market has been segmented into wired (power line communiation) and wireless. Among these, the wireless segment holds a significant share of the market. The segment is anticipated to expand at a CAGR of 21.6% and remain dominant throughout the forecast period. Based on component, the market has been classified into hardware, software, and services.
The hardware segment has been sub-segmented into light source, drivers & ballast, sensors, switches, controllers, and others. The light source sub-segment has been sub-categorized into LED lamps, sodium vapor lamps, and others. Among components, the hardware segment held a prominent share of about 70.6% of the global market in 2017. It was followed by the software segment. In terms of region, the global connected (smart) street light market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America.  
In terms of revenue, Europe held the leading share of the global connected (smart) street light market in 2017. The market in the region is anticipated to expand at a CAGR of 19.5% during the forecast period. Rising advancements in the Internet of Things (IoT) technology and its integration with other devices have led to strong adoption of smart lighting and control systems across Europe.
In addition, several governments are installing smart lighting and control systems on roadways, parking lots, and outdoor fields to enhance the ambience and cut excessive power consumption. In terms of revenue, China holds a major share of the connected (smart) street light market in Asia Pacific, followed by India. Also, in terms of revenue, the market in India is anticipated to expand at a significant CAGR during the forecast period, due to growing deployment of LED lighting systems in the country. Introduction of wireless technologies such as Bluetooth, Wi-Fi, LoRa, and Sigfox is likely to create lucrative opportunities for the connected (smart) street light market in the near future.
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Target Drone Market Leading Players and Competitive Industry Scenario, 2026

  May 04, 2020    No comments
The global target drone market was valued at US$ 3,156.7 Mn in 2016 and is projected to register compound annual growth rate (CAGR) of over 10.02% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Target Drone Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” The report suggests that rising use of target drones across defense forces and higher applications as compared to manned aerial vehicles is likely to spur the demand for target drones in the coming years (2018 to 2026).
As key players introduce new target drones in developed markets such as North America, Europe, and Asia Pacific, these regions are likely to account for dominant share of the global target drone market. Increasing popularity of the target drone, especially across economies such as China, Japan, and India along with the increased spending on defense systems and technologies in these countries, and presence of companies that produce target drones is likely to drive the Asia Pacific target drone market at a growth rate of around 10% from 2018 to 2026.
Malfunction of target drones to affect the growth of the target drones market worldwide
Malfunction of a target drone can be fatal for the people present in the vicinity during testing or training of any combat mission system. Several target drone accidents have been reported in the past, causing fatalities. For instance, in 2013, in Florida, a large “QF-4” target drone crashed at the Tyndall Air Force Base. In 2014 as well, a target drone crashed in Holloman Air Force Base in New Mexico. Another target drone malfunctioned and collided with a guided missile cruiser during training in California, causing slight injuries.
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These malfunction incidents are raising questions on the reliance of aerial target military aircraft. However, well-established players are installing technologically superior systems in target drones to minimize and address this concern. For instance, in 2017, The Boeing Company announced that it will produce novel target drones named “QF-16” which include features such as a flight termination system that will destroy the drone in case of any technical error or in an out of control situation.
Internal combustion engines are significantly adopted by companies producing target drones around the globe
On the basis of engine type, the target drone market is segmented into internal combustion engine, jet engine, and others. Internal combustion engine segment is expected to hold a market share of 47.65% in 2026 and expand at a CAGR of over 9% during the forecast period. The significant CAGR is because of the increasing popularity of various types of jet engines due to their prominent power-to-weight ratio compared to other engines. Furthermore, jet engines provide higher speed for the target drones. Companies including The Boeing Company and many more are using jet engines in their target drone named as QF-16 because of all these benefits.
North America is the leading contributor to the target drone market
In terms of value, North America was the leading contributor to the global target drone market in 2017. The contribution is primarily because of the booming target drone marketplace due to significant defense spending along with the presence of well-established players across the region, especially across the U.S.
Furthermore, North America is home to many well-established players from the target drone domain including AeroTargets International, The Boeing Company, Griffon Aerospace, and Kratos Defense & Security Solutions, Inc. Many North American companies are trying to improve the performance of their multiple target drones business units. For instance, in May 2018, Kratos Defense & Security Solutions, Inc. announced that its Unmanned Systems Division has received a contract of approximately US$ 38 million pertaining to the unmanned aerial drone aircraft. Furthermore, in May 2018, the company announced that its Kratos Defense & Rocket Support Services Division has been awarded the Aerial Target Systems 2 contract
Key Players such as The Boeing Company, Lockheed Martin Corporation, Northrop Grumman Corporation, and Kratos Defense & Security Solutions, Inc. are likely to lead the global target drone market
The Boeing Company, Lockheed Martin Corporation, Leonardo S.p.a., Northrop Grumman Corporation, and Kratos Defense & Security Solutions, Inc. are some of the major players operating in the target drone market profiled in this study. Various players are focusing on the development of novel and highly advanced target drones. For instance, in 2017, Leonardo S.p.a. introduced its aerial target drone named “Mirach-40” to the market at the Paris Air Show. The novel aerial target drone is designed to provide medium-to-high performance at a reasonable price compared to its competitors. Furthermore, it also supports armed forces training by simulating a range of airborne threat targets.
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Automotive Micro Switch Market: Value Chain, Dynamics and Key Players (2017 – 2025)

  May 04, 2020    No comments
An automobile is made up of a number of components that are connected via micro switches that are specifically designed to function as a sensor for the presence or absence of another condition. With the right micro switch, automotive industry players can build better products with different configuration of terminations, actuators, and wired connections.
As the automotive industry touches new peaks in the emerging economies and the growing prospects of electric vehicles in developed countries, the market for automotive micro switches is primed for a profitable future. According to a recent business intelligence study by Transparency Market Research (TMR), the global automotive micro switch market will be worth US$4,282.2 million by the end of 2025, with the demand expanding at a notable CAGR of 5.1% during the forecast period of 2017 to 2025.
As per the findings of the TMR report, the global shares in the automotive micro switch market are distributed among a large pool of players, and newer players are frequently eating out a share of pie owing to low entry barriers. These micro switches are cost-effective, and do not require extensive technological expertise to be built.
That being said, the analyst of the report has identified Honeywell Sensing and Productivity Solutions, Alps Electric, Johnson Electric Holdings Ltd., Panasonic Corporation, C&K Components Inc., OMRON Corporation, Crouzet Automatismes SAS, CAMSCO Electric Co. Ltd., TE Connectivity, The APEM Group, Microprecision Electronics, and Knitter Switch as some of the notable companies ahead of the curve. To gain an edge over their competitors, these players are frequently indulging in mergers and acquisition, as it helps them strengthen their supply chain as well as find new customers.
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Based on type, the market for automotive micro switch market has been segmented into door interlock switches, reset switches, ultra-miniature micro switches, sub-miniature micro switches, double pole double throw micro switches, single pole standard precision micro switches, general purpose micro switches, and standard micro switches. End users studied under this study are retail, automotive, industrial, consumer electronics, and others. Geographically, the analyst of the report has highlighted Asia Pacific as the region that will continue to formulate for the most prominent chunk of the demand in the near future.
Increasing consumer preference for integrated components within an automobile that add to convenience in handling as well as improves safety of the product is the primary driver of the automotive micro switch market. Manufacturers are building complex combinations of mechanical structure coupled with electronic systems that are increasing intelligent, and are equipped with systems such as infotainment, HVAC, window, electric steering, acceleration, heated seats, headlight controls, and transmission. For all these systems, micro switches are essential.
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Aerobridge Market Opportunities and Forecast Assessment, 2017–2025

  May 04, 2020    No comments
An aerobridge is a surrounded moveable or fixed connector which is extended from an airport terminal gate to an aircraft for passenger boarding and disembark from an aircraft. An aerobridge is also known as jetway, airbridge, gangway or skybridge. The aerobridge are attached at one point of the terminal by a pivot and can be moved left or right, raised or lowered, retracted or extended according to the aircraft position and size of the aircraft. The leveling of these aerobridges are controlled by an operator stationed in the cab, which is like a canopy that allows weather proof seal. The major advantages of these aerobridge are they provide all enhanced security operations at the terminals and provide passengers with all-weather dry access during boarding and disembarking the aircraft. 
The rapid increase in construction of new airports across the globe is boosting the market for aerobridge. More the airports, more will be the air traffic worldwide, which in turn will increase the interest of modern aircrafts among the aircraft manufacturers.
The construction of new and modern airports demands for all the modern technologies in order to make it convenient for the passengers as well as the airlines crews. Aerobridges makes it convenient to board or disembark an aircraft in any weather conditions without being exposed to the environment. The aerobridges are safe and secured as once they get attached to the aircraft door, the bridge is fixed and cannot be moved without the operator. The safety of aerobridges over the conventional style of boarding the aircraft is fueling the aerobridge market to grow in coming years. 
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The growth of aerobridge market is poised by different factors, however, the market growth is hindered by the high costs of the aerobridges. To manufacture the all-weather dry access gateway for the passengers, the manufacturers of aerobridges are designing the same equipped with internal air ducting systems in order to maintain the optimum temperature inside the aerobridge. The elevation systems are equipped with redundant safety systems in order to ensure the correct alignment of the lifting columns. These systems are extremely costly and integrating them into the aerobridges increases the cost of final product. The high cost of the aerobridges are limiting the small and medium sized airports to use the aerobridges. 
In developing countries many domestic as well as international airports are not equipped with aerobridges, which possess a potential opportunity for the market to grow in future. Countries such as Nepal, Bangladesh, Sri Lanka, South Africa, Thailand, Vietnam, and Brazil among others are still not equipped with aerobridges in all the domestic and international airports. In addition, major airliners are introducing their fleets to untapped regional routes in order to facilitate business and leisure travel. Due to this, various small and medium airport authorities have increased their focus on upgrading their airports with an objective to enhance passenger convenience. 
The aerobridge market is segmented on basis of type, structure, drive systems, product types and geography. Based on type, the aerobridge market is segmented as fixed aerobridges and moveable aerobridges. Moveable aerobridges captured the largest market globally due to its advantage over the fixed aerobridges.
The different types of structure of aerobridges are steel-walled aerobridges and glass-walled aerobridges. The steel-walled aerobridges are the most widely used in 2016 while the glass-walled aerobridges are the fastest growing segment. Based on drive systems, the market for aerobridge is segmented as electro-mechanical aerobridge and hydraulic aerobridge. The electro-mechanical aerobridges are the emerging segment in the drive systems segment in the aerobridge market. By product types, apron drive bridge, nose loader bridge, T-bridge and Commuter bridge. 
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Border Security System Market Demand and Forecasts, 2018–2024

  May 04, 2020    No comments
Border security systems are critical to a nation security and the citizens. These systems are deployed by several defense agencies and military forces for better security, intelligence, safety, and surveillance. The growth generated in the global border security system market is accredited to the rise in geopolitical instabilities and territorial conflicts, and a requirement of advanced border security solution technologies. Besides, the market in Asia Pacific has been growing at the highest rates in recent times because of the increase in budget of governments for tackling infiltration, terrorist attacks, criminal activities, and illegal immigration.
However,the growth in the global border security system market is impeded by certain restraining factors. One of the major restraints is the stringent regulatory environment. The usage of the border security system has witnessed strict laws and rules of respective governments. The suppliers of border security system must follow foreign and local norms and regulations. Failure to do so has resulted in civil, criminal, and administrative liabilities. These forces have been hampering the market growth.
Other adversities in case of this market are cross-border infiltration, conventional global disputes, smuggling, illegal immigration and other criminal activity forms, need for critical infrastructure to test security systems, and high cost of research and development. In spite of the hindering influences, the border security system is expected to grow at a decent rate owing to upgrading of present border security system infrastructure, and increasing defense budget by the developing countries.
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The global border security system market is segmented on the basis of system, environment, and geography. On the basis of system, the market is segmented into laser systems, radar systems, camera systems, unmanned vehicles, intelligent fencing systems or perimeter intrusion detection systems, broadband wireless communication systems, biometric systems, command and control systems, and other systems. In recent times, ground based systems has been holding the largest share in terms of the market size, while the biometric systems has been growing at the fastest rate because of the use of these systems on a mass scale for tackling human trafficking and illegal immigration. Besides, e-passports, developing national IDs, and e-visas are estimated to drive the biometric systems segment.
Radar systems are further segregated by platform into air, coastal and ground surveillance, and by band type into X & Ku Band and S&L Band. Camera systems are divided into CCTV, and IR and Thermal imaging cameras. Perimeter intrusion detection systemsare classified into laser fencing systems, and electric fencing systems. Unmanned vehicles are categorized into ground, aerial, and underwater. Command and control systems are segregated into audio systems, video distribution systems, and projection based displays or LED displays. The other systems segment includes microwave intrusion detection system, and RF jammers.According to environment, the market is divided into aerial, naval, and ground.
According to geography, the market is segregated into North America, Europe, Asia Pacific, and Latin America. Among the geographic regions, the Asia Pacific is estimated to witness the highest rate of growth during the forecast period. The key driving factors behind the Asia Pacific segment are the increase in government budget for tacking infiltration, terrorism, and other criminal activities, and the increase in investment to strengthen the weapon guidance and surveillance abilities by India, China and Japan. On the basis of market share, North America has been leading the market in the recent past.
The key players in the global border security system market are Raytheon Company, Lockheed Martin Corporation, Thales SA, BAE Systems PLC, Flir Systems, Inc., Elbit Systems, Saab AB, Northrop Grumman Corporation, Finmeccanica SPA, Safran, Israel Aerospace Industries Ltd., Rockwell Collins, Inc., Moog, Inc., Airbus Group SE, and Controp Precision Technologies Ltd.
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Fluid Coupling Market: Latest Trends, Demand and Analysis 2018-2026

  May 04, 2020    No comments
According to a new market report published by Transparency Market Research titled ‘Fluid Coupling Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026, the global fluid coupling market is expected to reach US$ 1,273.3 Mn by 2026, expanding at a CAGR of 4.2% from 2018 to 2026. In terms of volume, the market is expected to reach 435 thousand units, expanding at a CAGR of 2.9% from 2018 to 2026. Asia Pacific held a prominent share in the global fluid coupling market in2017.
The oil & gas industry is a major consumer of fluid couplings across the world. According to OPEC (Organization of the Petroleum Exporting Countries), the global demand for oil stood at 92.0 mb/day (million barrels per day) in 2014 which has increased at a CAGR of 1.8% to reach 97.0 mb/ day.
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In the Asia Pacific region, oil demand from China is increasing at a healthy rate due to increasing demand from the transportation and petrochemical sector. In China and India, rising sale of automobiles is increasing the demand for gasoline, which is subsequently increasing the demand for oil. In India, there is increasing demand for oil from agricultural, residential, industrial, and transportation sectors. All these factors are increasing the demand for oil & gas in India, China, and other Asia Pacific countries. Fluid couplings are extensively used in oil & gas industry. Thus, increasing demand for oil & gas is driving the demand for fluid couplings.
Global demand for cement production is expected to be a major opportunity for the global fluid coupling market. Among the regions, the most significant growth in the cement industry is expected from the Asia Pacific region. In Asia Pacific, China and India are the largest producers of cement. The Government of India intends to increase the investment in infrastructure which is expected to increase the demand for cement up to 45 million tons (MT) in the next three to four years. Overall, India’s cement demand is expected to increase to approximately 550-600 million tons per annum (MTPA) by 2025. This is expected to present a good opportunity for the growth of fluid coupling in the cement sector.
In certain applications, VFDs (Variable Frequency Drive) act as a substitute for fluid couplings. VFD can replace a fluid coupling in certain applications such as electrical motors. Also, the cost and time associated in designing and manufacturing fluid couplings are more than VFDs. A VFD can control the amount of current that flows into an electric motor which is not possible in fluid coupling. This removes unwanted spikes in current flow, better manages overload, and by-passes extra current flow in the motor. Thus, a VFD acts a substitute of fluid couplings in certain applications.
Based on type, the global fluid coupling market is segmented into constant-fill fluid couplings and variable speed fluid couplings. Based on industry, the market is segmented into mining, chemicals and petrochemicals, cement, steel and metal processing, paper, paperboards and packaging & labeling, power generation and others (food & beverage, pharmaceuticals, water & wastewater management).
Geographically, the global fluid coupling market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. The regional fluid coupling markets have been analyzed in terms of value in US dollars (US$) and volume in thousand units. Prominent countries profiled in the report include the U.S, Canada, Germany, U.K., France, Italy, China, India, Japan, GCC, South Africa, and Brazil.
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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 ...