Braided Hoses Market - Top Participant To Focus On Regional Expansion

• Braided hoses are tubes which can be utilized for the transfer of air, gases, and fluid substances under low or high pressure. The presence of the wire on braided hoses enhances the reliability of the hose and offers added strength. Braided metal hoses are adopted in fields of applications such as hydraulic & pneumatic medium, air-conditioning and heat techniques, technical gases, vacuum techniques, solar techniques, and hot steam conveyance.
• Braided hoses are available in different sizes, material, and configurations. They are available in both rigid and flexible form. Steel braided hoses are mainly used in manufacturing facilities and for industrial purposes etc.

Rise in usage of braided hoses in industrial manufacturing and in oil & gas industries anticipated to drive the market

• Rapid increase in installation of various types of braided hoses for industrial manufacturing, and in the oil & gas industry is projected to be a key driving factor for the market. China, India, Japan, Australia, United Arab Emirates, and other countries in Asia Pacific and Middle East & Africa are estimated to drive the braided hoses market due to expansion in the oil & gas industry, and rapid increase in construction activities. Stainless steel braided hoses are the most preferred and commonly used braided hose across the globe.

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Evolution in e-commerce industry to help manufacturers expand business

• Increase in sale of braided hoses through the online mode of distribution is projected to offer lucrative opportunities to manufacturers and distributors of braided hoses to expand their business and presence in various parts of the globe. Producers and suppliers of braided hoses are selling their products on their company website and on various e-commerce websites across the globe. Companies are also undertaking promotions and advertising campaigns on different media and online platforms to expand the reach of their products in different geographies.

North America and Europe hold major market share of braided hoses

• Geographically, the global braided hoses market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
• North America and Europe dominate the global braided hoses market. The braided hoses market in North America and Europe is anticipated to expand rapidly during the forecast period, due to rise in usage of braided hoses in industrial manufacturing and in the automotive sector in the U.S., Canada, Mexico, U.K., Germany, France, and other European countries.
• Furthermore, the market in Asia Pacific and Middle East & Africa is projected to expand at a significant growth rate during the forecast period. Increase in infrastructure development activities and installation of braided hoses in the oil & gas industry in China, India, Japan, and GCC is expected to surge the demand for braided hoses in Asia Pacific and Middle East & Africa.

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Key Players Operating in the Braided Hoses Market

Prominent manufacturing companies are anticipated to face healthy competition during the forecast period. Brands such as KUZUFLEX Flexible Metal Hose, Novaflex, Penflex, Swagelok Company, and Plexitab are focusing on innovation of new products to strengthen their product portfolio and drive the sale of braided hoses in the global braided hoses market. Companies are opting for mergers and acquisitions, and joint ventures with local players to expand their product portfolio. Producers in developing countries are focusing on reducing their cost of production and increase profitability for the sustainable growth of their business. A few of the key players operating in the global braided hoses market are:

• KUZUFLEX Flexible Metal Hose
• FlexFit Hose
• Novaflex
• Vega Flex India
• Penflex
• Swagelok Company

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Wireless Power Switch Market to Register Incremental Dollar Opportunity During COVID-19 Crisis

• A wireless power switch used for household applications is a home device employed to control the switching of household appliances remotely
• These switches make the switching of household appliances easy for physically challenged individuals, elderly people, and anyone who, in any circumstances, needs security and comfort
• The global wireless power switch market is anticipated to expand at a rapid pace during the forecast period, owing to increased demand for wireless power switches for use in the automation of commercial and industrial buildings

Key Drivers of Global Wireless Power Switch Market

• Wireless power switches are used to turn electric appliances on/off from anywhere, even when Wi-Fi has no Internet access
• The global wireless power switch market is expected to be driven by increasing demand for the rapidly changing technology in consumer electronics. Furthermore, expanding base of smart home users is expected to be a major driving factor for the global wireless power switch market during the forecast period.
• Companies operating in the global wireless power switch market are investing to expand their product portfolios as well as their distribution networks. They have adopted strategies such as mergers and acquisitions, development of new products, joint ventures, and expansions to cater to the increasing demand for wireless power switches across different regions.

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Middle East & Africa to Offer Attractive Opportunities to Wireless Power Switch Market

• The wireless power switch market in Middle East & Africa is estimated to expand at the most rapid pace during the forecast period. This can be attributed to increasing investments in building and infrastructure sectors in the region.
• Middle East & Africa consists of countries such as Saudi Arabia, the UAE, and Qatar, wherein people have high purchasing power. Rapid expansion of cities and development of infrastructure in these countries are expected to drive the wireless power switch market in the region during the forecast period.

Investments in Building Automation to Drive Market

• Different applications of building automation and control systems include lighting, safety and security, entertainment (audio and video), and HVAC (heating, ventilation, and air-conditioning)
• In addition to these core applications, several new applications are being developed and offered by players from different sectors. These include home healthcare, remote monitoring (as a specialized part of safety and security), home robotics, and pet care.
• The above-mentioned applications need smart control. This factor is expected to fuel the demand for wireless power switches during the forecast period.

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Asia Pacific to Hold a Major Share of Global Wireless Power Switch Market

• Asia Pacific is a leading consumer of wireless power switches, followed by North America and Europe. China, India, and Japan are key markets in the region. In terms of demand, the three countries account for a major share of the wireless power switch market in the region.
• Increase in the demand for wireless power switches in Asia Pacific can be attributed to continued urbanization and development of infrastructure in the region. Moreover, the region is witnessing increasing preference for smart and sustainable homes. This is expected to promote growth of the global wireless power switch market during the forecast period.

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Aircraft-Lift Control Device Market - Comprehensive Survey on Demand by 2027

Air lift control devices are the devices that are used in the aircrafts while take-off and landing. These devices have several applications in aviation of a commercial, business and military aircrafts. The aviation in the aircrafts takes place with the combination of several operating components such as flaps, boundary layer control & blowing systems, spoilers, slats & slots, vortex generators and leading edge flaps. The take-off and landing of the aircrafts are totally dependent on the size of wing because it determines the speed and distance at which the aircraft should take off. The better air lift control devices used in the aircrafts may help to reduce the distance and speed of taking-off in an easy way. Mainly this is possible by increasing the size of wings of aircrafts. The other operation of airlift control devices are such as flap of aircraft intensifies the maximum lift and at the time of requirement the lift is augmented in with changes in flap direction.

Military and naval forces in various countries are using the innovative aviation technology in fighter jets and bombers which is booting the market for aircraft lift control devices. North America and Europe with the presence of leading market players and manufacturing of latest and innovative technological component is expected to hold the largest market shares in the global aircraft lift control devices.

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Aircraft Lift Control Device Market – Competitive Landscape

UTC Aerospace Systems (Collins Aerospace)

Collins Aerospace, a United Technologies subsidiary, is one of the world's largest suppliers of aerospace and defense products, headquartered in West Palm Beach, Florida. The company also provides airlift control devices to their customers. Recently WOOD DALE, Illinois — AAR has signed a long-term contract with aviation electronics manufacturer Collins Aerospace which will provide component repair support for Collins Aerospace products used by AAR’s growing portfolio of airline customers under long-term component support agreements.

Boeing

Boeing is the aerospace company and manufacturer of commercial jetliners, defense, space and security systems, aircraft lift control devices and service provider of aftermarket support. The company is leading manufacturing exporter in Americas that supports airlines and U.S. and allied government customers in more than 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training also in the field of aircraft lift control devices.

Triumph Group

Triumph Group, LLC engages in the manufacture and supply of aerostructures for commercial, military, and business jet aircraft worldwide. The company offers fuselages, wings, empennages, nacelles, and helicopter cabins to aerospace original equipment manufacturers. It also provides design, testing, manufacturing, and support services for aircraft lift control devices. Triumph Aerostructures, LLC was formerly known as Vought Aircraft Industries, Inc. and changed its name to Triumph Aerostructures, LLC in June 2010 as a result of its acquisition by Triumph Group, Inc.

VectorNav Technologies

VectorNav Technologies is the provider of embedded navigation solutions and a producer of inertial navigation systems by the modern miniature MEMS sensor and GPS/GNSS technology. With experience in the development and testing of spacecraft, launch vehicles, and micro-aerial vehicles, aircraft lift control devices, VectorNav provides innovative solutions to a wide range of complex and demanding industrial and military applications and aircraft solutions. VectorNav applies the aerospace-grade filtering and calibration techniques into industrial grade MEMS sensors and GPS/GNSS technology, expanding the possibilities of today’s emerging technologies.

Scintrex Geoscientific Sensors

Shimadzu Corporation manufactures and sells analytical and measuring instruments, medical systems, industrial machinery, and aircraft equipment. The company offers aircraft lift control devices, analytical and measuring instruments, such as gas and liquid chromatography, gas and liquid chromatograph-mass spectrometry, GC system, data management and software, mass and molecular spectroscopy, elemental analysis, column and consumable, surface analysis, life science lab instrument, total organic carbon analysis, continuous monitoring analysis, thermal analysis, particle size analysis, materials testing and inspection, non-destructive testing, and balance products.

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Some of the key players operating in the global Aircraft Lift Control Device market with significant developments include Shimadzu Corporation, Spirit Aerosystem, Boeing Aerostructres Australia, Triumph Aerostructure, GKN Aerospace, Aernnova, and UTC Aerospace Systems.

Aircraft Lift Control Device Market – Dynamics

Adoption of New and Innovative Technologies in Aircraft Lift Control

The aircraft manufacturers are majorly focusing on research and development of latest aviation technologies. The companies that are manufacturing components of aircraft lift control are also concentrating on manufacturing light weight lift controlling devices. The companies are also facilitating advancements in wings into which elevators are hinged has the opposite effect to the main wing. The innovative horizontal stabilizer are being provided that creates a downward force which balances the nose down moment due to the airplane's center of gravity being located in front of the center of lift, and other moments due to the effects of drag and engine thrust. These developments inn aircraft lift devices are boosting the market.

Demand for Hydraulically Powered Control Surfaces in Aircraft Lift Control Device

The hydraulically powered control surfaces are those tools that use liquid fluid power to do simple work, operated by the use of hydraulics, where a liquid is the powering medium. As the complexity and weight of mechanical flight control systems increase significantly with the size and performance of the aircraft. For an instance, the Boeing 737 incorporates a system, whereby in the unlikely event of total hydraulic system failure, it automatically and seamlessly reverts to being controlled via servo-tab. On the other hand in the case if the hydraulic system fails, then control surfaces are can be operated by servo tabs in a process known as manual reversion.

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Intelligent Thermal Imaging Camera Market Expansion Projected size Gain an Uptick during 2027

High-performance thermal imaging solutions have wide range of automation and industrial safety applications. There are new applications being developed by the time as many industries identify a need for thermal imaging. Thermal imaging can help with finding out the temperature glitches before they lead to disasters. It also spot process irregularities that can flag dangerous situations early, improving safety in the workplace. The thermal imaging camera are the instruments that used for in firefighting.

The components of a thermal imaging camera are signal processor, detector, optic system, amplifier, and display. These are mainly used in the contrary conditions such as smoke, darkness, and others. The thermal imaging camera lets the person watch those things that are not be visible to the naked eyes. This is possible due to the invisible heat radiation discharged or reproduced by all objects, regardless of lighting conditions.

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Intelligent Thermal Imaging Camera Market – Competitive Landscape

• On December 2018, FLIR Systems, Inc. announced three Neutrino midwave infrared (MWIR) camera cores that are the small, lightweight FLIR Neutrino LC and two FLIR Neutrino Performance series cores, the SX12 and QX. The latest models expand the FLIR Neutrino cooled camera core family for commercial, industrial, and defense original equipment manufacturers (OEM) and system integrators
•  On February 19, 2019 – FLIR Systems, Inc. launched a new thermal camera in the high-performance T-Series family, the FLIR T840. The high-resolution T840 thermal camera offers a brighter display and an integrated viewfinder to help electrical utility, plant managers, and other thermography professionals find and diagnose failing components in any lighting conditions, helping avoid costly power outages and plant shutdowns.

FLIR Systems

FLIR Systems, Inc. designs, develops, manufactures, markets, and distributes technologies that enhance perception and awareness. We bring innovative sensing solutions into daily life through our thermal imaging, visible-light imaging, video analytics, measurement and diagnostic, and advanced threat detection systems. FLIR offers portfolio that serves a several applications in government & defense, industrial, and commercial markets. FLIR system is the largest producer of intelligent and advanced thermal imaging camera.

Fortive Corporation

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. The Company designs, develops, manufactures and markets professional and engineered products, software and services for a range of end markets. The Company operates through two segments: Professional Instrumentation and Industrial Technologies. The company is also the provider of intelligent thermal imaging camera.

Axis Communications

Axis Communications AB develops and sells video surveillance and access control solutions. It offers fixed cameras, fixed domes, PTZ cameras, thermal cameras, panoramic cameras, HD and megapixel cameras, and outdoor cameras and video encoders and video server racks. It also offers IP-surveillance video management software solutions for small stores, offices, schools, and retail and manufacturing camera applications, mounting and connecting accessories, add-on devices, and tools and physical access control products.

Leonardo SpA

Leonardo SpA operates as a technology company. The Company provides its services to the aerospace, defense, and security sectors globally. Leonardo works on helicopters, aircrafts, aero structures, airborne and space systems, land and naval defense electronics, and defense systems. The company is also the provider of intelligent thermal imaging camera along with the other products its portfolio.

BAE Systems

BAE Systems plc is a defense, aerospace and security company. The Company operates through five segments. The Electronic Systems segment consists of the Company's United States and United Kingdom-based electronics activities. The Cyber & Intelligence segment consists of its United States-based Intelligence & Security business and United Kingdom-based Applied Intelligence business, and covers the Company's cyber, secure government, and commercial and financial security activities.

Some of the significant players in the FLIR Systems, Fortive, Axis Communications Leonardo, BAE Systems L3, Axis Communications, Technologies United Technologies, Sofradir, Testo and Leonardo, Xenics  among others.

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Intelligent Thermal Imaging Camera Market - Dynamics

Rising Adoption of Thermal Imaging Camera for Security Purpose          

Security cameras have become essentials of safeguard for many major businesses across the country, and in such a landscape. There is need of producing quality images which is critical to provide continuous safety and security against potential intruders. The wide usage of thermal imaging camera is for security and surveillance, since these camera can operate tremendously in bad weather conditions, at night and objects and person in the dark can also be seen easily and clearly with these intelligent thermal imaging camera. These applications of intelligent thermal imaging camera are boosting the market in forecast period.

Advantages Offered by Advanced and Intelligent Thermal Imaging Cameras

As the thermal cameras offer superior protection in challenging conditions, and offers varos advantages such as in can be operated in low-light scenarios, immune to visual limitations, camouflaging foliage and gives higher return on investment. For instance, FLIR Systems engaged in the design and production of thermal imaging cameras launched FLIR K1 handheld thermal imaging camera (TIC) for first responding officers and fire investigators. 

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Solid State LiDAR Sensor Market Scope and Opportunities Analysis 2019 – 2027

LIDAR (Light Detection and Ranging) is a technique that uses pulses of light to perform distance measurements. Most LIDAR systems are based on measuring the time it takes for a laser pulse to complete a round trip between the LIDAR device and the target. After the distance to the target is calculated, the laser beam is scanned in different directions to create a 3D point cloud that provides spatial location and depth information, which can be used to identify and track objects.

Solid State LiDAR Sensor Market- Competitive Landscape

On January 2019, Innoviz Technologies and HARMAN International had signed a partnership agreement to supply Innoviz’s high-performing, solid-state and mass-producible LiDAR solutions (earlier post) available to OEMs globally. On May 2019, AMS, ZF Friedrichshafen AG and Ibeo Automotive Systems GmbH announced partnership to combined capabilities of Solid State LiDAR Sensors in the automotive industry. The three companies will partner on joint R&D efforts to ensure that this exciting technology can be quickly and safely adopted by 2021.

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Ibeo Automotive Systems GmbH

Founded in 1998, Ibeo Automotive Systems GmbH is located in Germany. Ibeo Automotive Systems GmbH develops and manufactures LiDAR sensor technology for the automotive industry. The company also develops software for environmental detection, referencing tools for highly automated driving, and autonomous driving (HAD/AD) systems, as well as highly automated driving, and mapping and localization applications.

LeddarTech Inc.

Established in 2007, LeddarTech Inc.is located in Canada. LeddarTech Inc. develops and supplies advanced detection and ranging systems based on the sensing technology that performs time-of-flight measurement using pulses from infrared LEDs processed through algorithms. LeddarTech is responsible for several innovations in cutting-edge mobility remote-sensing applications, its patented technologies enhancing ADAS and autonomous driving capabilities for automobiles, trucks, buses, delivery vehicles, robotaxis, shuttles, and more. The company is best positioned to capitalize on strong, rapidly evolving LiDAR industry fundamentals

Phantom Intelligence

Founded in 2011, Phantom Intelligence protects vulnerable road users (VRUs) and improves the safety and fluidity of travel by offering solutions that enable reliable advanced driver-assistance systems (ADAS) that are affordable. Their unique digital signal processing approach to LiDAR is at the heart of devices that can be trusted where other sensors fail. 

ABAX AS

Founded in 2003, ABAX AS is located in Norway. ABAX AS develops and supplies vehicle tracking systems, fleet management software, and equipment control technology to businesses operating company vehicles and individuals using vehicles for work in Europe. It also provides ABAX Triplog hardware solution for commercial vehicles; and ABAX Triplog application for private vehicles. In addition, the company provides customer support services.

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Solid State LiDAR Sensor Market Dynamics

Increasing application of Solid State LiDAR sensor in Automotive Industry is driving demand for Market

Automotive LiDAR Sensors are used to enhance a vehicles navigation capabilities by detection and avoidance of obstacles enroute. The Light Detection and Ranging sensors (LiDAR) are detection and survey systems to evaluate the nearness of an object. A LiDAR system principally consists of a laser, a scanner, and a specialized GPS receiver. An optical pulse is created by the laser, which is radiated and transmitted toward the target. The time taken by the light pulse to bounce back and reach the receiver is measured (utilizing the speed of light) and thus the distance of the target is calculated. The technology has emerged as the main pillar for the vision of autonomous cars as it gives a 3D mapping of the vehicles surroundings. This enable a safe navigation system for the vehicles. 

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Digital Olfaction Products Market to Witness Steady Expansion during 2019 – 2027

Digital olfactory is the technology field dealing with the designs of olfactories. It is a technology of sensing, distributing, and obtaining scent activated digital media. The sensing aspect of this system works by the use of olfactometers and electric noses. Digital olfactory products include end products such as cell phones, smelling displays, music & video games, explosives alarms, devices for quality assurance, and medical diagnostics.

Global Digital Olfaction Products Market: Dynamics

• Increasing demand for electronic nose
  • Electronic-nose devices have gained significant interest over the years in the field of sensor technology, primarily because of the development of several applications in different fields of applied sciences. Recent developments of electronic nose technology have emerged from advancements in sensor design, structural changes, innovations in software, and advancements in microcircuitry designs and integration of systems. The development of several new forms of e-nose sensors focused on various sensing criteria and mechanisms, is nearing connection with the growth of modern applications. Electronic noses also provide multiple advantages to various commercial sectors, including the fields of agriculture, biomedicine, cosmetics, climate, and health, industrial, military, biomedical, legislative, and scientific research.

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North America Led the Global Digital Olfaction Products Market in 2019

• Based on region, the global digital olfaction products 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 digital olfaction products 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. North America accounts for maximum market share due to the significant participation of key players such as Electronics Sensor Technology, ScentSational Technologies, Smiths Detector Inc., and Scent Sciences Company.
• The digital olfaction products market in Asia Pacific is expected to expand at the maximum CAGR during the forecast period. India, China, Japan, and Australia are major countries of the digital olfaction products market in the region.

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Healthcare Accounted for Largest Market Share in Global Digital Olfaction Products Market in 2018 

• Based on end-users, the digital olfaction products market is segmented into marketing, food & beverage, entertainment, education, healthcare, communication, military & defense, and others. The military & defense segment is expected to show the highest growth rate during the forecast period. Healthcare held the largest market share in 2018 where e-noses were widely adopted in diagnosis.

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Lease Accounting Software Market Trends and Development 2027

Lease accounting software benefits accounting and finance staff by saving time during corporate operations, reducing human touch points and mistakes, increasing efficiency, and making more facets of the lease accessible. Professionals may access, authorize, log, manage the company asserts through enterprise lease accounting software.

Global Lease Accounting Software Market: Dynamics

• Increasing Government Regulations
  • In 2016, the IASB released lease accounting standard, IFRS 16. FASB adopted a new lease accounting standard, ASC 842, representing IFRS 16 and a few minor variations. Both standards modify the manner in which leases are reported on company balance sheets. Today, businesses are recording financial leases on the balance sheet. Organizations are often liable for reporting running lease agreements onto the balance sheet and for revealing information in the financial statements notes. Hence, the increase in new standards has raised the demand for advanced lease accounting software.   

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North America Led the Global Lease Accounting Software Market in 2019

• Based on region, the global lease accounting software market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
• North America held dominant share of the global lease accounting 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 lease accounting software market in this region.
• The lease accounting software market in Asia Pacific is expected to expand at the maximum CAGR during the forecast period. India, China, Japan, and Australia are major countries of the lease accounting software market in the region.

Cloud based segment to expand at higher CAGR over the forecast period

• Based on deployment model, the market is segmented into on-premises and cloud/SaaS based. The cloud/SaaS based solution held dominant position in the market in 2019 and is expected to retain its dominance throughout the forecast period. The segment is expected to expand at the highest CAGR during the forecast period.

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• SaaS-based lease accounting systems allow an organization to manage leases at contract, plan, and asset rates. All data items, including assessments, estimates, communications and relevant documents, must be monitored for each asset. In addition, acts influencing and leasing products can be monitored, such as upgrades, transfers, partial sales, returns and renewals.

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