Wednesday, 10 June 2020

Electric Hub Drive and Electric Propulsion System for Combat Vehicle Market - Generate Massive Revenue In Upcoming Future 2018–2026

According to a new market research report titled Electric Hub Drive and Electric Propulsion System for Combat Vehicle Market, published by Transparency Market Research , the global electric hub drive and electric propulsion system market is expected to reach US$ 103.04 Mn by 2026, expanding at a CAGR of 6.8% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at about 7.6% through 2026. Tracked type of military vehicle is anticipated to significantly drive the global electric hub drive market across Middle East & Africa.
Rise in demand for tracked type of military vehicles
The global electric hub drive and electric propulsion system market shows significant growth due to its increasing adoption in military combat vehicles. This is majorly due to requirement of these highly developed systems in hilly areas and desert regions where high power is required to drive the vehicles. The global electric hub drive and electric propulsion system market is showing significant growth due to increase in military and defense spending.
The rising demand and adoption of these advance technologies to obtain faster response, and the rising security concerns of different nations are estimated to contribute to the growth of the electric hub drive and electric propulsion system market during the forecast period. The key players involved in the market are continuously enhancing their research and development expertise to design advanced technology in electric hub drive and electric propulsion systems. Also, demand for light weight military vehicles across the globe has influenced the growth of the electric hub drive and electric propulsion system market.
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Electric hub drive and electric propulsion system market: Scope of the report
The global electric hub drive and electric propulsion system market is broadly segmented by technology, and by vehicle type. According to the research study, electric propulsion system technology held the maximum market share and is anticipated to show a CAGR of 6.9% through 2026. Electric propulsion system technology used in combat vehicles is anticipated to remain dominant over the forecast period. Electric hub drive type of technology is expected to grow at a CAGR of about 6.0% over the forecast period.
As per TMR analysis, electric hub drive and electric propulsion system for combat vehicle market in tracked type of vehicles is anticipated to grab maximum market share in 2018 and a similar trend is expected to be seen over the forecast period. Increase in terrorist attacks is one of the major factors responsible for increasing security of countries across the world.
As war disputes between enemy countries are increasing, more and more government organizations are switching to advance military vehicles with latest technologies to handle these situations and maintain national security. Further, the wheel type of combat vehicles is expected to show decent growth over the forecast period.
North America held the largest market revenue share of the electric hub drive and electric propulsion system market in 2017 and the market in the region is anticipated to grow at a remarkable CAGR of 6.2% during the forecast period. The need for fast acceleration and high torque and an inbuilt hub drive is expected to drive the electric hub drive and electric propulsion system market across North America. In the Asia Pacific electric hub drive and electric propulsion system market based on country, in 2017, China held majority revenue share followed by India.

Magneto Elastic Torque Sensor Market - Insights On Current Scope 2026

A recent report by Transparency Market Research states that global magneto elastic torque sensor market is projected to witness a whopping growth in the duration of 2018 to 2026. As per the analysis of the experts at Transparency Market Research, the global magneto elastic torque sensor market is anticipated to witness a whopping 9.9% CAGR during the projected duration. Additionally, the analysis by the experts also projected to rise to US$ 225.68 mn during the projected tenure. This means that the players of global magneto elastic torque sensor market have ample opportunities to grow, says the report. 
Growing Importance of Testing Equipment for Assembly Lines to Boost the Growth
The rising significance of torque testing in the get together of security related segments and gear is required to offer an enormous lift for the interest for torque sensors. The market will likewise get a jolt with the fast development of air ship armada. With bigger quantities of air ships being made, a comparing ascend in the offers of torque sensors is projected to grow during the estimate time frame.
The sensors job in ceaselessly checking and estimating helicopter powertrain observing frameworks and control application will likewise place in an advantageous position, as these machines are the essential methods of transport to and from seaward oil rigs and other remote oil fields. This boosts the growth of global magneto elastic torque sensor market.
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Significance of Magneto Elastic Torque Sensor to Drive the Growth
Interest for exact torque estimation arrangements is expanding in an incredible way and supporting the gigantic development capability of torque sensors. Likewise, quick progress in modern assembling, just as innovative work requires better expectations of exactness for all estimating instruments. Henceforth, mechanical test frameworks need to get more & increasingly solid and exact in a state of harmony with modern advancement that has occurred as of late. Current drifts in the torque sensor market, for example, e-versatility and lessening emanations of burning motors has reinforced the market for higher accuracy in unique torque estimation gadgets. Moreover, increment in mechanical yield, improvement of productivity, protection of vitality assets, and decrease in ecological contamination are on the whole picking up significance in the magneto-elastic torque sensor market.
North America Remains Dominant
North America is house of several innovation oriented companies. These companies are prominent drivers growth of the global magneto-elastic torque sensor market. As a result North America remains dominant in the geographical domain of the global magneto-elastic torque sensor market. Additionally, these players are also responsible for the bring innovations in the market. As a result the global magneto-elastic torque sensor market is dominated by North America making it the most lucrative region.

Smart Water Meter Market Opportunity and Challenge 2026

The demand within the global smart water meter market is rising on account of growing focus on water conservation across regional territories. The scanty levels of freshwater reserves across the world has generated a sense of alarm amongst the masses. Several international conferences and conventions have taken water conservation as an important agenda.
Furthermore, global leaders have engaged in pragmatic discussion and debate to resolve the water crisis that surrounds the world. Several countries in Africa are feared of running out of ample water resources over the course of the next few decades. Therefore, the global smart water meter market is growing as the need for optimization of water resources gains swing.
  • Climate experts and environmentalists have predicted unfavourable patterns of rainfall over the next few years. Moreover, the growing dangers of acid rain have led conservationists to preserve the existing fresh water reserves. In this scenario, judicious usage of water across commercial, industrial, and residential domains has become a necessity.
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  • Smart water meters have emerged as an important technology that can change the way people consume water for their needs. These meters can help in measuring the requirements and usage of water across a particular locality during a given period of time. Smart water meters have been hailed as a central force that can foster sustainability across the planet.
The development of smart cities across leading countries and territories has given an impetus to the sale of smart water meters. These meters are a part of the robust, succinct, and globally accepted ecosystem that surrounds a smart city. Smart water meters can function in sync with several other technologies such as smart electric meters. The ability of municipal bodies to gather insights about water usage across a locality shall play a vital role in driving demand within the market.

LED Lighting Drivers Market - Overview On Demanding Applications 2027

In order to reduce energy consumption, LED lights are increasingly being adopted across the world. LED lights are rapidly penetrating the global general lighting industry. They hold a large share of the global electricity consumption. LED lighting drivers are expected to witness significant increase in the demand in the next few years, owing to advantages offered by this green, energy-saving, emerging technology. Currently, most industrial premises and buildings worldwide are using conventional lighting bulbs; however, advancements and innovations in the field of applied LED lighting technology in the next few years are likely to revolutionize the energy consumption pattern of these premises and buildings in the near future. Also, the rising level of digitization in industries is expected to propel the global LED lighting drivers market during the forecast period.
Increasing focus on improving the energy efficiency to fuel the market
Traffic & outdoor lighting has been one of the early adopters of the LED lighting technology. Use of LED lighting helps in reducing the energy consumption, resulting in decrease in expenses. Traffic & outdoor lighting includes street lights, roadway lighting, and tunnel lighting. Additionally, increasing demand for LED lighting for residential purposes led by high electricity saving is a key factor responsible for growth of the residential segment of the LED lighting drivers market. Thus, increasing focus on improving the energy efficiency across the world is anticipated to have a positive impact on the global LED lighting drivers market in the next few years.
Constant current segment to hold a major market share
Based on driving method, the global LED lighting drivers market has been segmented into constant voltage and constant current. The constant current segment accounts for a major market share, as constant-current LED lighting drivers are widely used in various applications to maintain constant current at a variable voltage. The constant current segment is expected to expand at a rapid pace throughout the forecast period.
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Residential segment to account for a significant market share
Based on application, the global LED lighting drivers market has been segmented into residential lighting, office lighting, commercial lighting, industrial lighting, city lighting, automotive lighting, sports facilities lighting, entertainment lighting, horticulture lighting, and others. The residential segment held the major market share in 2018. This is attributable to increased installation of LED lamps and luminaires in home spaces. In terms of revenue, the segment was valued at US$ 2,204.7 Mn in 2018. 
Asia Pacific to hold a major market share
In terms of geography, the global LED lighting drivers market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. In 2018, Asia Pacific accounted for a leading market share, followed by Europe. This was attributable to growth of the real estate industry, increased investments in research and development, and risen infrastructure spending in the region. The market in the region was valued at US$ 3,049.9 Mn in 2018. 
Key players focusing on expanding their footprint worldwide and gain a competitive edge
Key players operating in the global LED lighting drivers market are focusing on the development of new products and their introduction in the market to gain a competitive edge over other players and improve their brand positioning in the market. For instance, in March 2018, Philips Lighting announced the launch of a new Internet of Things (IoT) platform called ‘Interact’. This platform would enable customers to unlock the potential of connected lighting for the IoT.
This move would help the company better position itself in the global LED lighting drivers market. Furthermore, major market players are engaged in forming strategic alliances with peers and less-established players in order to gain a higher market share. Key players operating in the global LED lighting drivers market are Mean Well Enterprises Co. Ltd., Cree, Inc., Inventronics Inc., Tridonic GmbH & Co KG, Signify Holding, Delta Electronics, Inc., Osram GmbH, and Harvard Technology Ltd.

Underfill Dispenser Market - Outlook, Size, Share & Forecast 2019 To 2025

The presence of several established players has rendered the global underfill dispenser market highly fragmented. While new players are keen on venturing into the market, the high investment required in the research and development are restricting their entry. In order to gain pace, a majority of the companies are eyeing opportunities prevalent in untapped markets. Expanding regional footprint has therefore emerged as a key strategy. These companies are currently focusing on consolidating larger share in semiconductor industries especially across South America and the Middle East and Africa, finds Transparency Market Research (TMR) in a new study. 
Some of the key market players enjoying a stronger foothold are Henkel AG & Co. KGaA, Nordson Corporation, MKS Instruments, Inc., and Zmation Inc. Besides funding innovation, these companies are focusing on mergers and acquisitions and expansion in Asia Pacific countries to expand their product portfolio and geographic footprint. 
According to TMR, the global underfill dispenser market is expected to reach US$91.19 bn by the end of 2025. The market’s valuation in 2016 was US$42.73 bn. If these figures hold true, the global underfill dispenser market will exhibit a strong 8.9% CAGR between 2017 and 2025. By end use, flip chips contributed nearly 52.6% to the overall revenue generated by the market in 2016. Regionally, the Asia Pacific had clear dominance with a share of 64.4% in the global market based on revenue in 2016. The region is forecast to remain dominant through the course of the forecast period.
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Rising Demand for Handheld Devices Creating Lucrative Sales Opportunities 
The market is primarily gaining from the increasing demand for handheld devices. Asia Pacific especially showcases lucrative market opportunities as it the home to a booming consumer electronics industry. The demand for handheld devices such as tablets and mobile phones is considerably high across nations such as India, Australia, China, and Japan. This in turn creates an environment conducive to growth of the underfill dispenser market in Asia Pacific, subsequently propelling the market’s overall growth. 
Also, with the growing inclination towards miniaturizing gadgets, in future the demand for underfull dispenser is poised to rise exponentially. These factors are indicative of the rising willingness of consumers towards spending on advanced consumer electronics. Considering this, rising disposable income witnessed across emerging nations will subsequently steer the market’s growth. On account of the increasing use of underfill dispensers in the automotive sectors, the market is bound to witness lucrative prospects especially in nations with strong automotive industry. 
High Investment in R&D Activities Dissuades Key Players thus Limiting Growth 
On the downside, the rising demand for low-cost packaging solutions will pose a major threat. The factor also connotes the declining profit margins as manufacturers are compelled to decrease prices of semiconductor packages and other electronic materials. Moreover, with the entry of new players, the semiconductor industry is likely to face intense price pressure from end users. This is a major bottleneck inhibiting the market’s growth. 
Also several market players are finding it difficult to cope with the high investment required for research and development. This makes companies reluctant to fund R&D activities, which could act against the overall market prospect. 
Entry of New Companies to Fuel Growth Opportunities 
New companies targeting the underfill dispenser market are aiming to develop novel products, technologies, materials, or processes. Their intention being establishing a footprint in the market. Strategies adopted by these companies will not only trigger interest in end users, but will create lucrative growth opportunities. Besides this, several players are exploring opportunities in military and aerospace sectors. Spurred by these factors, the global underfill dispenser market will continue exhibiting healthy growth through the forecast period. 

Bulk Acoustic Wave Devices Market - Survey On Product Awareness 2025

Leading players in the market are focusing on mergers and acquisition, collaboration, and partnership. They are also investing in research and development activities to increase efficiency of these devices. Few other companies are also contributing in growing the global bulk acoustic wave devices market. They are Teledyne Microwave Solutions, Honeywell International, Inc., Kyocera Corporation, API Technologies, and Infineon Technologies AG.
In terms of revenue, the global bilk acoustic wave devices market is expected to touch US$1.869 bn by the end of 2025. In 2016, this market earned US$0.86 bn. these figures are likely to be earned if the market progress at CAGR of 9.3% between 2017 and 2025. Transparency Market Research presents these figures in its report on the global bulk acoustic wave devices market.
Among the various devices, the demand for bulk acoustic wave filters seems high in this market. The filters segment earned US$0.51 bn in 2016, and is expected to hold dominant share in the forthcoming years. Bulk acoustic wave filters have a traditional benefit over surface acoustic that expanded its in the global bulk acoustic wave devices market. Based on geography, Asia Pacific is estimated to hold maximum share in the global bulk acoustic wave devices market. Rapid development in telecommunication and electronics industries are supporting growth in Asia Pacific bulk acoustic wave devices market. 
High Demand for Connected Devices to Propel Bulk Acoustic Wave Devices Market
Significant rise in the demand for smartphones, computers, laptops, and other is one of the major factor driving growth in the global bulk acoustic wave devices market. Increasing use of advanced technologies, shifting focus from 3G to 4G technologies that require high performance filters has encouraged growth in the global bulk acoustic wave devices market.
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Rising application of bulk acoustic wave devices in various industries such as telecommunication, aerospace and defense, automotive, environment and industrial, healthcare and medical, and consumer electronics has further augmented growth in the global bulk acoustic wave devices market.  Adding further, rising demand for connected devices and smart devices such as smartphones, GPS systems, and infotainment systems are also expected to spur demand in this market.
Advanced Bulk Acoustic Wave Devices Technologies to Trigger Market Growth
There are few concerning factors that need to be managed for the market to grow smoothly. One of the major restraint is related with the use traditional technologies that were used by microwave devices. Use of these technologies limited devices compatibility with other systems. However, this restraint is being covered with newer techniques such as bulk acoustic wave that nowadays used widely. Moreover, rising application of these devices is also expected to further boost growth in the global bulk acoustic wave devices market.

Voltage Stabilizer System Market - Scope and Opportunities Analysis 2019 – 2024

The global voltage stabilizer systems market features a number of small and large players operating within regional markets as well as on an international level, making up for a market with an intense level of competition for market shares and growth opportunities, observes Transparency Market Research in a recent report. Companies determined to hold sway are focusing more on strategic collaborations, innovations, and expansion of their geographical outreach and product portfolios. Some of the leading companies in the market are Reinhausen Group, V-Guard Industries Ltd, Voltas Limited, Konar Group, and Siemens AG.
According to the report, the global market for voltage stabilizer systems will exhibit a promising 6.66% CAGR over the period between 2016 and 2024, rising to a revenue opportunity of US$25.39 bn by 2024 from US$14.11 bn in 2015.
Rising Interest in Building Automation in North America Provide Promising Growth Opportunities to Market
Of the key applications of voltage stabilizer systems covered in the report, the segment of building automation presently accounts for a significant share in the overall market and is expected to exhibit the fastest growth pace over the report’s forecast period. Applications of voltage stabilizer systems across the building automation area are expected to allow the global market a revenue opportunity of US$4.29 bn by 2024.
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Geographically, the market for voltage stabilizer systems in North America is expected to account for the dominant share of nearly 36% of the global market by the end of the report’s forecast period. Rising adoption of automation in residential as well as industrial spaces in the region will be the key to the increased demand for voltage stabilizer systems in the region in the near future.
Untapped Growth Opportunities in Power Distribution and Transmission Fields in Developing Economies to Drive Market
One of the key growth factors for the global voltage stabilizer systems market is the vast set of untapped growth opportunities in the field of power distribution and transmission in emerging economies of India, Russia, China, Brazil, and South Africa. The rising demand for regular electricity in these economies and the rising numbers of power distribution units to ensure reliable and efficient power supply are expected to play a key role in the potential positive expansion of the market over the next few years.
Furthermore, the market in developed economies is expected to benefit from increased demand for replacement and upgradation of outdated elements in power distribution networks and infrastructures. Moreover, the rising global consumption of consumer electronics products such as air conditioners, televisions, computers, and refrigerators is also expected to drive the market.
However, the rising focus on energy conservation and increased adoption of renewable energy sources as a way of reducing the carbon footprint of the power sector globally could hamper the growth of the market to a certain extent, especially across developed countries in regions such as North America and Europe that feature stringent environment protection regulations. Furthermore, the well-established and highly efficient power distribution and transmission infrastructure in developed economies could act as a hindrance for the market by alleviating the need for voltage stabilizer systems.
This analysis of the global voltage stabilizer system market is based on a recent market research report by Transparency Market Research, titled “Voltage Stabilizer System Market (Application - Building Automation, HVAC System, Industrial (Other Power), Power Transmission and Distribution System, Communication Systems, and Consumer Electronics) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016–2024.”

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