Pitot Tube Anemometers Market Rising Trends, Analysis With Top Key Players 2019-2027

 

• A pitot tube anemometer is a flow measurement device that is designed to measure and display air pressure, air velocity, volumetric flow, and air temperature
• Pitot tube anemometers involve use of the microprocessor technology for signal processing, which ensures quick and accurate measuring results
• Pitot tube anemometers are available in two types i.e. portable and fixed
• When not in use, a pitot tube anemometer should be placed in dry conditions and be protected from dust and direct sunlight. Also, batteries should be removed from the device.
• Pitot tube anemometers are used in multiple applications such as boilers, dryers, aircraft, race cars, HVAC systems, and ventilation ducts
• Pitot tube anemometers are employed in several end-use sectors such as energy & utility, steel, aviation, and petrochemical

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Rise in Demand for Pitot Tube Anemometers for Use in Aircraft

• Pitot tube anemometers are largely used in aircraft to measure the air speed, which is useful to avoid accidents
• Manufacturers provide pitot tube anemometers with a large backlit LC display, which helps in reading the measurement result in unfavorable lighting conditions
• Moreover, use of pitot tube anemometers is increasing in pressure measurement applications, owing to their reliability and availability at a low cost. These anemometers are suited for use in a variety of environmental conditions, including a wide range of pressures and temperatures.
• A pitot tube is robust and it is made of stainless steel to sustain mechanical stress. This makes the pitot tube anemometer a reliable device for technicians and experts.
• As a result of these advantages, the demand for pitot tube anemometers for use in aircraft is increasing, which is expected to drive the global pitot tube anemometers market during the forecast period

Automotive Segment to Witness Lucrative Opportunities

• The automotive industry has emerged as an attractive sector for investments for organizations across the globe. In the automobile industry, pitot tube anemometers are increasingly used in racing cars to compare the speed of the air flow at various locations of the car with the real speed of the car.
• Moreover, use of pitot tube anemometers provides accurate measurement of the car speed relative to the air, due to which these devices are significantly used in racing cars
• Thus, increase in the use of pitot tube anemometers in racing cars is expected to offer lucrative opportunities to the global pitot tube anemometers market during the forecast period

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North America to Lead Global Pitot Tube Anemometers Market

• In terms of region, the global pitot tube anemometers market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• North America is anticipated to dominate the global pitot tube anemometers market throughout the forecast period, as a large number of manufacturers of pitot tube anemometers operate in North America and they are constantly investing in electronic components
• The pitot tube anemometers market in Europe and Asia Pacific is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate pace during the forecast period.

Key Players Operating in Global Pitot Tube Anemometers Market

The global pitot tube anemometers market was highly fragmented in 2018. Major players operating in the global market are focusing on technological advancements and expansions to meet the risen demand for pitot tube anemometers. Moreover, manufacturers are entering into partnerships for the development of innovative products.

Key players operating in the global pitot tube anemometers market are:

• Ankom International
• CEM Instruments India
• FLIR Systems
• Hotek Technologies Inc.
• KANOMAX USA, INC.
• KIMO
• OMEGA Engineering Inc.

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Carbon Monoxide (CO) Detector Market to Witness Robust Expansion by 2027

 

• A carbon monoxide detector (or, CO detector) is a device that detects presence of the carbon monoxide (CO) gas so as to prevent poisoning. Manufacturers have recently changed the definition of a single-station CO detector with a sound device to a carbon monoxide (CO) alarm.
• Carbon monoxide (CO) is a colorless, tasteless, and odorless gas produced due to incomplete combustion of carbon containing materials. It is often referred to as a ‘silent killer,’ as it is virtually undetectable by humans. Hence, leakage detectors are required to detect its presence.
• CO detectors are designed to measure CO levels over the time and to sound an alarm before dangerous levels of CO accumulate in the environment. Sounding of alarm gives people adequate warning to safely ventilate the area or evacuate.

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Demand from Commercial and Residential End-Users to Offer Lucrative Opportunities

• Carbon monoxide is the second-most common cause of deaths due to non-medicinal poisoning. According to the CDC (Centers for Disease Control and Prevention), over 10,000 individuals are poisoned by carbon monoxide and  require medical treatment every year and more than 438 people in the U.S. die due to carbon monoxide poisoning every year.
• Leakage of CO or increase in the level of CO can affect commercial and residential end-users including individual consumers, commercial buildings, public premises, health care organizations, and educational institutions. Increasing number of accidents and rising requirement for safety of people have resulted in the increased demand for CO alarms.
• Home appliances such as geysers, dryers, and refrigerators and areas that lack proper aeration, such as garages and service centers, are major and common sources of carbon monoxide. Since CO is odorless and colorless, the risk of affecting individuals is high. Thus, the need for CO detectors has been increasing from residential and commercial end-users.

Government Awareness about and Adherence to Carbon Monoxide Protection Safety Standards

• Due to the increasing prevalence of illnesses and deaths caused by high levels of carbon monoxide (CO) in homes and buildings, state legislatures in the U.S. have decided to adopt laws authorizing the use of carbon monoxide detectors 
• The mandate varies from every enclosed room being required to have detectors, to every room that has a smoke alarm to have a detector, with only day-care centers and group homes needing detectors. For instance, since March 2018, a majority of states in the U.S. have enacted statutes regarding carbon monoxide (CO) detectors and the others have promulgated regulations on CO detectors.
• Carbon monoxide is a hazardous gas that affects the brain and the blood circulation system. Different safety standards for CO detectors exist, which include CO alarms as well. Various other local, regional, and national safety authorities are also promoting the use of CO detectors.

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Asia Pacific to Lead Global Carbon Monoxide (CO) Detector Market

• In terms of region, the global carbon monoxide (CO) detector market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• The carbon monoxide (CO) detector market in Asia Pacific is anticipated to expand at the maximum CAGR during the forecast period. This growth can be attributed to increase in population, industrialization, and the large number of manufacturers.
• The carbon monoxide (CO) detector market in North America and Europe is likely to witness stagnant growth in the next few years

Key Players in Global Market

The global carbon monoxide (CO) detector market was highly fragmented in 2018. Prominent players operating in the global market are focusing on technological advancements and expansions to meet the rising demand for carbon monoxide (CO) detectors. Moreover, manufacturers are entering into partnerships for the development of innovative products and gain higher market share.

Key players operating in the global carbon monoxide (CO) detector market are:

• ABB Ltd
• Aeroqual Ltd
• Alphasense
• Dynament Ltd
• GfG Europe Ltd
• NGK Insulators Ltd
• Robert Bosch GmbH
• Siemens AG

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Ride-hailing Market to Witness a Pronounce Growth During 2026

Ride-hailing is a passenger transportation service in which the passengers are connected with the vehicle drivers and owners through a smartphone-based app. Ride-hailing services are the same as hiring a taxi, the difference being, in ride-hailing, a vehicle is hired through a smartphone-based app.

Increase in traffic congestion, lack of proper public transportation mode, longer time required for public transportation services, and faster service offered by the ride-hailing service providing companies are attracting passengers and travelers toward on-demand services. Hailing a ride is the same as owning a vehicle for a specific time period. Lower number of vehicles per 1000 people, especially across developing nations and regions such as Asia Pacific and Latin America, is fueling the demand for ride-hailing services. Increased fuel prices, rise in vehicle maintenance, and implementation of more stringent emission norms effectively makes ride-hailing less expensive as compared to the cost of owning a vehicle. Increased number of on-road vehicles have raised global pollution levels drastically, which has led to increase in global temperature and hampered the health of humans and nature.

Therefore, governing bodies of several nations are primarily focused on the elimination of major sources of pollution, which in turn is expected to result in implementation of stringent emission norms and incentives for alternative fuel and transportation services. Ride-hailing services have proven to be effective in reducing the number of vehicle ownership, which in turn is expected to lead to significant decline in pollution levels. Consequently, governing bodies are promoting ride-hailing services across the globe.

In the U.S. several governing bodies have established separate road lanes for High Occupancy Vehicles (HOV), which in turn is fueling the demand for ride-hailing services across the U.S. Discounts offered by manufacturers and dealers on vehicles being utilized for ride-hailing services, increase in per capita income, developing road infrastructure, and increase in number of daily commuters are propelling the global ride-hailing market.

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Several developing nations across regions, such as Latin America and Middle East & Africa, have significantly lower number of vehicles per 1000 persons. Raised income due to increased job opportunities and lack of presence of ride-hailing service providers are expected to offer lucrative opportunities to the global ride-hailing market during the forecast period.

The global ride-hailing market can be segmented based on vehicle type, commuting distance, autonomy level, and region. In terms of vehicle type, the global ride-hailing market can be classified into four segments. Sedan and hatchbacks are widely being employed for ride-hailing services. Compactness of sedans and hatchbacks, higher efficiency, and exemption from road toll taxes across several countries are fueling the demand for sedans and hatchbacks for ride-hailing services. Demand for SUVs among consumers is rising, especially in North America and Asia Pacific, which is anticipated to boost the SUV segment of the ride-hailing market during the forecast period.

Based on commuting distance, the global ride-hailing market can be divided into two segments. The intra-city segment is expanding at a rapid pace primarily due to the increase in number of daily commuters, rise in number of working commuters, lack of punctuality of public transportation, and increased fuel prices. The intra-city segment of the market accounted for a major share of the market, in terms of revenue, in 2017.

In terms of autonomy level, the global automotive ride-hailing market can be segregated into two segments. Majority of the vehicles utilized for ride-hailing services are manually operated. However, several ride-hailing service providing companies are predicted to incorporate autonomous vehicles in their fleets in the near future. Elimination of expense over driver is primarily prompting ride-hailing service providers to adopt autonomous vehicles.

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In terms of region, the global ride-hailing market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific comprises rapidly expanding economies such as China and India. On an average, Asia Pacific accounts for less than 200 vehicles per 1000 people, which offers numerous opportunities to global ride-hailing service providers.

Increase in per capita income, rise in usage of smartphones, availability of faster internet connectivity, and presence of leading ride-hailing service providing companies are fueling the ride-hailing market in Asia Pacific. Global leaders in ride-hailing market focusing on Latin America and Middle East Africa, owing to the lack of presence of ride-hailing service providers and increasing demand for ride-hailing services amongst daily commuters and travelers in these regions.

Key players operating in the global ride-hailing market include ANI Technologies Pvt. Ltd. (OLA), Lyft, Inc., Careem, Uber Technologies Inc., Taxify OÜ, Gett, Grab, Beijing Xiaoju Technology Co, Ltd. (Didi Chuxing), Wingz, Inc, Curb Mobility, BlaBlaCar, and Cabify. Mergers, acquisitions, and joint venture activities are increasing in the global ride-hailing market. Leading global ride-hailing service providers are expanding their footprints, either by acquiring local service providers or by partnering with them.

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Used Vehicle Market Expected to Witness a Sustainable Growth over 2026

A used vehicle, or secondhand vehicle, or pre-owned vehicle, is a vehicle that was previously owned by one or more retail owners. Used vehicles are sold through traditional walk-in used car stores, online platforms, and independent vehicle dealers. Furthermore, franchises, including social media and online used-car companies, help people buy and sell used cars.

Demand for the vehicle subscription services has been rising in the last few years. A vehicle subscription service is an alternative to owning or leasing a vehicle. By opting for a subscription service for a vehicle, a consumer can use a vehicle on a monthly basis by paying a monthly fees, which includes maintenance, insurance, and roadside assistance.

Customers get value for money, which is expected to be a major factor that drives the used vehicle market. Increase in number of automobile manufacturers operating in the used vehicle market along with increasing number of online vehicle dealerships has changed the perception of the customer about the quality of used cars. Moreover, rapid change in technology or introduction of new models of vehicle at short intervals allows customers to sell or exchange their old vehicle with a new vehicle. A key restraint for the used vehicle market is expected to be the expansion of car-sharing services.

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The global used vehicle market can be segmented based on vehicle type, vehicle class type, fuel type, vendor type and region. In terms of vehicle type, the used vehicle market can be segregated into passenger vehicle segment, which can be further sub-segmented into mini, hatchback, sedan, SUV/MUV, sportscar, and others. In terms of vehicle type, the market can also be split into commercial vehicles, which include light commercial vehicles and heavy commercial vehicles.

Based on vehicle class type, the used vehicle market can be bifurcated into mid-size vehicle, luxury vehicle, and premium vehicles. Based on fuel type, the used vehicle market can be divided into petrol, diesel, natural gas, and others. Based on vendor type, the market can be classified into organized, unorganized, online, and offline. Based on region, the global used vehicle market can be segmented into Asia Pacific, Middle East & Africa, North America, Latin America, and Europe.

Asia Pacific is home to major manufacturers and consumers of cars, which contributes to the significant demand and share held by the region of the global used vehicle market. India is a major contributor to the sales of used vehicle in the region, as it has a considerably large population and the ratio of vehicle per one thousand persons is very less.

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Moreover, the disposable income of the people residing in this country is increasing, which in turn is driving the demand for used vehicles. Demand for used cars is likely to rise in Latin America and Africa, as these regions have a moderate source of income and the ratio of vehicle per one thousand persons is very less in these regions.

Key players operating in the global used vehicle market include Cars24, Autotrader (Cox Automotive), TrueCar, Truevalue, First choice, PenskeCars (Penske Automotive Group), Alibaba Group, eBay, and Quikr.

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Automotive Headlight Aftermarket Expected to Witness a Sustainable Growth over 2026

An automotive headlight is a major component of the vehicle, as it helps a driver to avoid pits and bumps on the road while driving at night or in low light conditions. It also provides visibility to the driver or rider in bad weather conditions. Lights are also utilized to enhance the esthetic appearance of the vehicle. LED lights and energy saving bulbs are employed to minimize energy consumption. The most common types of vehicle headlights include LED, halogen, and xenon.

Expansion of the global automotive industry in the last few years has fueled the associated industries, such as automotive accessories and its components industry. Rise in demand for automobiles, due to increase in disposable income and surge in customer spending on esthetics of the vehicle across the global, is projected to drive the automotive headlight aftermarket during the forecast period.

The automotive headlight is not only used for enhanced visibility, but it is also plays an important role in improving the esthetic appeal of the vehicle, provides assurance of safety, security, and better performance. Additionally, implementation of stringent laws related to safety is anticipated to propel the global automotive headlight aftermarket during the forecast period. However, increasing competitiveness from OEMs is a major factor that restrains the automotive headlight aftermarket.

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The global automotive headlight aftermarket can be segmented based on vehicle type, light type, sales channel, and region. Based on vehicle type, the aftermarket can be divided into passenger vehicle, commercial vehicle, off-highway vehicle, and electric vehicle. Increase in demand for passenger vehicle across the globe fuels the automotive headlight aftermarket. Presently, demand for electric vehicles is increasing, which in turn, is driving the automotive headlight aftermarket. In terms of light type, the aftermarket can be segregated into halogen, LED, laser, and xenon.

Halogen and LED lights are used extensively, as halogen lights provide bright light and LED lights last longer and are energy-efficient. The LED segment is projected to expand at a considerable pace during the forecast period, as these lights consume less energy. In terms of sales channel, the market can be classified into aftermarket. Demand for automotive headlight aftermarket depends on the production and use of vehicles.

Production is expected to increase due to the rise in standard of living in developing nations and increase in safety standards. In terms of region, the global automotive headlight aftermarket can be split into Asia Pacific, Middle East & Africa, North America, Latin America, and Europe. Asia Pacific is a major manufacturer and consumer of automobiles; therefore, it will lead to the demand for automotive headlight is high. Hence, the region accounts for a large share of the global automotive headlight aftermarket.

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Key players operating in the global automotive headlight aftermarket include Philips Automotive, ox Lux, FIEM Industries, HELLA GmbH & Co. KGaA. Pacific Insight Electronics Corp., Infineon Technologies AG, Arkema Group, OSRAM, Robert Bosch, Valeo, SORAALASER, ZKW Group, and HORPOL J.I.A.T. Horeczy Sp. J.

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Electric Vehicle Lithium-ion Battery Market: Competitive Dynamics & Global Outlook 2026

The lithium-ion battery in an electric vehicle is a rechargeable battery that serves as the primary power source or mode of fuel in an electric vehicle. The lithium-ion battery is considered as standard for the latest generation battery operated electric vehicles. The lithium-ion battery utilized is an electric vehicle is compact, lightweight, has higher energy density, and offers large running capacity as compared to other electric vehicle battery technologies, such as nickel-metal hydride battery and lead-acid battery. The electric vehicle lithium-ion battery are quite quick which charges and discharges at high currents and can handle around hundreds of charge & discharge cycles.

Rise in production and sales of environment-friendly vehicles, which include electric and hybrid vehicles, is a key factor boosting the demand for electric vehicle lithium-ion battery, as it is considered to be the heart of an electric vehicle. Lead-acid batteries in electric vehicles are being replaced by lithium-ion batteries in order to improve charge & discharge performance, boost life of the battery, save space and weight, and curb the emission of lead in the environment. This is projected to drive the electric vehicle lithium-ion battery market during the forecast period.

Furthermore, rapid surge in fuel price and increase in vehicular emission, supplemented with governments’ support through incentives and tax credits on purchase of electric vehicles are key drivers that are likely to boost the electric vehicle lithium-ion battery market during the forecast period. Apart from being much lighter than other same-sized electric vehicle rechargeable batteries, the electric vehicle lithium-ion battery is also highly durable and reliable.

This is anticipated to propel the electric vehicle lithium-ion battery market during the forecast period. However, it is enormously sensitive to high temperatures and heat, which in turn is projected to degrade the battery packs at a rapid pace. This factor coupled with the higher price of the battery is estimated to restrain the electric vehicle lithium-ion battery market during the forecast period. Additionally, environmental emission concerns are driving the production of electric vehicles, which in turn is expected to offer numerous opportunities to automotive battery manufacturers, especially lithium-ion battery, in the near future.

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The electric vehicle lithium-ion battery market can be segmented based on battery capacity, electric vehicle type, vehicle type, sales channel, and region. Based on battery capacity, the electric vehicle lithium-ion battery market can be split into 12V, 14V, 24V, and 48V & above. 48V & above is a highly attractive and expanding segment of the market. This is due to its ability to help save fuel via the introduction of mild hybrid 48V systems, which helps comply with the stringent carbon emission regulations.

Based on electric vehicle type, the electric vehicle lithium-ion battery market can be split into battery electric vehicle, plug-in hybrid electric vehicle, and hybrid electric vehicle. The battery electric vehicle segment leads the electric vehicle lithium-ion battery market. This is majorly due to the higher rate of adoption of lithium-ion battery in battery electric vehicles. Moreover, battery electric vehicles use only the battery as a power source. Most modern battery electric vehicles are equipped with lithium-ion batteries. Therefore, the segment is projected to expand significantly during the forecast period.

In terms of vehicle type, the electric vehicle lithium-ion battery market can be segregated into passenger electric vehicle and commercial electric vehicle. The passenger electric vehicle segment dominates the electric vehicle lithium-ion battery market. This is primarily due to the higher sales of passenger electric vehicles across the globe coupled with stringent emission regulations. Based on sales channel, the electric vehicle lithium-ion battery market can be bifurcated into OEMs and aftermarket. The aftermarket segment accounts for a leading share of the market primarily due to the low lifespan and replacement rate of the lithium-ion battery pack. The aftermarket segment is likely to expand at a healthy growth rate during the forecast period. 

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In terms of region, the global electric vehicle lithium-ion battery market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific holds a prominent share of the global market. This is majorly due to higher number of manufacturing plants of the lithium-ion battery in the region, especially in Japan, China, and South Korea. Furthermore, higher production of electric and hybrid electric vehicles in the region is further boosting the adoption of electric vehicle lithium-ion battery in Asia Pacific. Consequently, the market in the region is likely to expand at a considerable growth rate in the near future.

Key players operating in the global electric vehicle lithium-ion battery market include Haldex Incorporated, Johnson Controls International Plc, LG Chem., SAMSUNG SDI CO.,LTD., ZF Friedrichshafen AG, EnerSys, Furukawa Electric Co. Ltd., Hitachi, Ltd., Leoch International Tech, GS Yuasa Corporation, Panasonic Corporation, Exide Industries Limited., and Crown Battery Manufacturing Company.

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Utility Terrain Vehicles (UTV) Market 2020 Along With Covid-19 Impact Analysis, Advancement And Outlook 2026

Major players in the utility terrain vehicles market are expanding product portfolios to gain a larger share of the market. Additionally, they are also enhancing the current products in the market with notable improvements. Improvements such as quality air suspension and multi drive mode functions are essential for major players to strengthen their foothold in the market. The global utility terrain vehicles market is also witnessing advanced customization trends in vehicles, led by increasing consumer demand. Similarly, newly introduced advanced vehicle capabilities such as hydrostatic transmissions and disc brakes have also raised consumer interest in the global utility terrain vehicles market.   

The Transparency Market Research (TMR) report provides an insightful analysis of the global utility terrain vehicles market, which includes a detailed analysis of growth indicators and demand parameters that could influence the growth of this market. Key market parameters such as demand drivers and challenges of global utility terrain vehicles market are discussed at length in this report. 

Global Utility Terrain Vehicles (UTV) Market: Key Trends 

Natural patchy terrains and mud-filled roads in the outskirts make the use of utility terrain vehicles necessary for farmers and other people living in the areas. Additionally, roadblocks and heavy lifting also requires the use of utility terrain vehicles in construction. High powered utility terrain vehicles provide the much-needed stability and traction during construction and agricultural activities. Moreover, these can also be used to carry heavy loads. Hence, the global utility terrain vehicle market continues to register growth.

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Moreover, the utility terrain vehicles market is driven by advancing product capabilities and increasing customization. The growing global oil prices and instable oil supply are driving major players in the utility terrain vehicles market to adopt new measures to appeal to consumers.

These new measures in recent past have included advancements and improvement such as increased mileage, lower maintenance and insurance costs, and higher load carrying capacities. For example, Caterpillar introduced CUV102D and CUV82. These two offered 2,000 and 1,000 pound rear cargo capacity respectively. This large cargo capacity is growing in demand in the construction industry wherein large constructions in remote places mandate the use of Off-Road Vehicles (ORVs). 

Global Utility Terrain Vehicles (UTV) Market: Regional Outlook 

Utility terrain vehicles market in North America region bagged the largest share of the global utility terrain vehicles market in 2016. Rising interest in adventure activities, new product launches, and advanced customizations in vehicles are expected to drive the global utility terrain vehicles market further. Moreover, the military sector is also expected to drive demand for high mobility coupled with increased payload carrying capacity ORVs in the North America utility terrain vehicles market.

Growing large-scale agriculture activities, growing interest in adventure activities including camping, nature trails, and hiking are expected to further boost growth of the Asia Pacific utility terrain vehicles market. Promotions and new product launches catering to nature enthusiasts will further drive market growth during 2018 - 2026. 

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Global Utility Terrain Vehicles (UTV) Market: Competitive Dynamics 

Key players in the utility terrain vehicles market include Kawasaki Motors Corp, Deere & Company, Bombardier Recreational Products, Honda Motor. Co. Ltd, and Yamaha Motor Co., Ltd. Key players in the global utility terrain vehicles market are increasingly looking toward new opportunities and frontiers for growth.  

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