Aircraft Lightning Protection Market share to garner significant revenues through 2027

 

• Aircraft lightning protections are employed to protect critical and non-critical electronic equipment and protect an aircraft from accident
• Lightning strikes can affect airline operations and cause costly delays and service interruptions
• Lightning protection is highly essential in aircraft, as it can protect several aircraft components such as electrically controlled power feeders, fuel valves, generators, and electric distribution systems from damage
• When lightning strikes the exterior of an aircraft, electricity travels from the point of impact to some other point without diversion or interruption caused to the interior of the aircraft if lightning protections are used

Rise in Demand for Aircraft Lightning Protection for Use in Military and Aerospace Industries

• Aircraft lightning protections are largely used in military and aerospace industries for protection of aircraft from lightning, which is considered a major factor driving the global aircraft lightning protection market
• Aircraft lightning protections are reliable and high-performance protection products that can withstand severe environmental conditions.

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Moreover, increase in the number of orders for new aircraft to strengthen the defense sector of developing countries across the globe is expected to promote growth of the global market during the forecast period

• Furthermore, increase in the number of air passengers is expected to augment the global aviation industry as well as fuel the demand for lightning protections used in aircraft during the forecast period
• As a result of these factors, the demand for aircraft lightning protections for use in military and aerospace applications is increasing, which is expected to drive the global aircraft lightning protection market during the forecast period
• However, the existing backlog in the delivery of new aircraft by several prominent vendors is expected to hinder the global market from 2019 to 2027

North America to Lead Global Aircraft Lightning Protection Market

• In terms of region, the global aircraft lightning protection market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• North America is anticipated to dominate the global aircraft lightning protection market throughout the forecast period, as a large number of manufacturers of aircraft lightning protection products operate in the region
• The aircraft lightning protection 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.

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Key Players Operating in Global Aircraft Lightning Protection Market

The global aircraft lightning protection 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 aircraft lightning protection products. Moreover, manufacturers are entering into partnerships for the development of innovative products.

Key players operating in the global aircraft lightning protection market are:

• Astroseal Products Manufacturing Corp.
• Cobham plc
• Dayton-Granger, Inc.
• Dexmet Corporation
• Honeywell International Inc.
• L3Harris Technologies, Inc.
• Microsemi

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Electric Wheelchair Market 2020: Technology advancements & emerging trends

The global electric wheelchair market is set to experience a boost in the growth rate during the forecast period. There are many factors that may influence the growth rate of the electric wheelchair market. Convenience and stability are significant for a rise in the sales of electric wheelchairs. Furthermore, the elderly population is more inclined towards the electric wheelchairs for convenience and ease of operation.

Electric wheelchair or electric-powered wheelchair (EPW), invented by George Klein originally for World War II veterans, is a wheelchair powered by an electric motor. It is a wheelchair that reduces manual activity or does not require any human assistance to move a wheelchair. This wheelchair comes in various types like center wheel drive, front-wheel drive, and standing electric wheelchair. The wheelchair type is used according to the type of surface and space on which the wheelchair is to be used.

The forthcoming research report by Transparency Market Research offers a foolproof analysis of the electric wheelchair market for the forecast period 2019-2027. The in-depth analysis provides insights into growth opportunities and the condition of the electric wheelchair market in the forecast period.

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Electric Wheelchair Market: Competitive landscape and notable developments

The electric wheelchair market has immense competition between the new players and the established players. This, in turn, has paved the way for mergers and acquisitions, joint ventures, and product development to maintain the dominancy in the electric wheelchair market. For instance, Drive Medical recently acquired Med quip Inc. to cement its product portfolio. Another example is Innova Care Concepts forging a partnership with Permobil for supplying electric-powered wheelchairs.

The manufacturers are making technological advancements to make their products more efficient and convenient for the user. A classic example is the development of ‘Scewo’ by the ETH Zurich team. Scewo is a self-balancing electric wheelchair that can go upstairs and downstairs without any human assistance.

In addition, manufacturers are also working on providing advanced wheelchairs at public places like airports. For instance, Japanese Company, WHILL designed self-driving wheelchairs having sensor-based anti-collision technology for providing a seamless experience to the users at the airport.

The key players of the electric wheelchair market are Invacare Corp, Sunrise Medical Inc., Drive Medical, Golden Technologies, Hoveround Corp, Pride Mobility Products Corp, 21st Century SCIENTIFIC Inc., and Merits Health Products.

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Electric Wheelchair Market: Key trends

Growing demand from the sports sector may fuel the electric wheelchair market. BMX motocross conducts a special racing event for the disabled community. It is a popular sport that sees considerable disabled community participation. The participants perform various tricks and top-level stunts using electric wheelchairs. The increasing participation of the disabled community may serve as a key driver for the growth of the electric wheelchair market.  A number of technological upgrades such as WiFi and Bluetooth additions to the electric wheelchairs are also expected to accelerate the growth of the electric wheelchair market. Suspension enhancements may also boost the sales of the electric wheelchair market. Permobil has launched the first wheelchair powered with Flexilink full suspension technology.

Electric Wheelchair Market: Regional analysis

Regionally, the electric wheelchair market is divided in North America, South America, Latin America, the Middle East and Africa, Asia Pacific, and Europe. North America is expected to perform well in the forecast period. This is due to high investment capacity, better technological assistance, and relaxed government regulations. The Asia Pacific region may also observe better growth during the forecast period. Europe has factors similar to that of the North America. Therefore, it is also expected to see a good growth rate during the forecast period.

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Thyristor Module Market Regional Trend & Analysis | Global Industry Report, 2020-2027

 

• Thyristor is a latch type semiconductor that turns on when a sustained current (holding current) reaches a set level. A thyristor module turns on by applying a pulse current to a gate current.
• The gate current must be reduced below holding current in order to turn off thyristor modules in a DC circuit, whereas in an AC circuit, the pulse current has to be applied to the gate current whenever it is positive to turn off the thyristor module
• Thyristor modules play an important role in power conversion applications. Thyristor modules are significantly used in electrical applications such as high voltage direct current (HVDC) systems for long distance power transmission and electric vehicles.
• Thyristor modules can be categorized as high power, medium power, and low power modules
• A thyristor module system is used in various applications such as motor drives, power, renewable, and consumer electronics among others

Rise in Demand for Thyristor Modules for Use in Power Industry

• Thyristor modules are largely used in the power industry to convert electrical energy from one form to another for various electrical applications
• A thyristor module easily and economically provides wide-range voltage control by employing an optimum combination of on-load tap-changer and saturable reactors. The thyristor rectifier systems ensure smooth stepless control from zero to the rated voltage by thyristor gate control.
• Thyristor modules play a vital role in power applications, owing to its capability of low statistical failure rate
• Moreover, manufacturers of thyristor modules are continually engaged in development of technologically advanced thyristor modules for various electrical uses. Thus, increasing focus to develop thyristor modules in the power industry is expected to bolster the growth of the market
• As a result of these factors, demand for thyristor modules for long-distance power transmission is growing, with increase in investment by various governments across the globe, which is expected to drive the global thyristor module market during the forecast period.

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Asia Pacific to Lead the Thyristor Module Market

• In terms of region, the global thyristor module market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
• Asia Pacific is anticipated to dominate the global thyristor module market throughout the forecast period, as a large number of manufacturers of thyristor modules operate in the region
• Additionally, due to the growing opportunity, many well-established players from the Asia Pacific region are focusing on technology advancement in semiconductor products, which is expected to boost the thyristor module market in the region during the forecast period
• The thyristor module market in North America and Europe 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.

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Key Players Operating in the Global Thyristor Module Market

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

Key players operating in the global thyristor module market are:

• ABB
• Danfoss
• Fairchild Semiconductor International
• Fuji Electric Co., Ltd.
• Hitachi Ltd.
• Infineon Technologies AG
• Mitsubishi Electric Corporation
• Renesas Electronics Corporation

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Ferrite Beads Market Report 2020 | Growth strategies and emerging trends

 

• Ferrite bead is a passive component used to suppress high frequency noise in electronic circuits. Ferrite beads are also called ferried choke, core, ring, or block.
• These beads are usually employed with data cables and medical equipment in order to develop high-frequency noise suppression devices.

Rise in Demand from Automotive Industry to Drive Global Market Expansion

• Ferrite beads have major applications in automotive and transportation industries.
• The use of electronic toll systems, emergency communications systems, vehicle to everything (V2X) communication, etc. has increased with technological developments.
• These electronic devices release high frequency noise, which is controlled by ferrite beads. Hence, ferrite beads are increasingly being used in the automotive industry
• The above mentioned factors are anticipated to propel the growth of global ferrite beads market throughout the research study.

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Cellular Assay Technology Segment to Lead Global Ferrite Beads Market

• In terms of technology, the global Ferrite Beads market can be divided into cellular assay, biochemical assay, in silica, and ex-vivo
• In the present scenario, cellular assay methods are widely used by industries in safety assessment, risk evaluation, and toxicity testing. The cellular assay method is mainly used to elucidate mechanisms of toxicity in a drug and its effect on a cell or a tissue.

Innovations and Product Launch to Offer Growth Opportunities

• As the global market is fragmented among several regional and international players, product differentiation became the crucial part for the players. The companies operating in global ferrite beads market are focused on research and development activities in order to achieve technical competence
• For instance, In August 2017, L-com introduced a new line of USB cables, USB 2.0 and USB 3.0, integrated with ferrite beads. These cables are designed to suppress high frequency noise in an environment where high electromagnetic interface can harm USB connected devices.
• In May 2018, Murata manufacturing announced the launch of a new high impedance ferrite bead into their BLM03EB_SH series. This new ferrite bead is of 0201 inch size (0.6 x 0.3 mm) GHZ band, designed for safety and automotive powertrain applications.
• These initiatives taken by the key players are anticipated to create new opportunities for the growth of the global market in future.

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North America to Lead Global Ferrite Beads Market

• The global Ferrite Beads market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the global market.
• The early adoption of technology is one of the major factor driving the growth of ferrite beads market in North America.
• Whereas, Asia Pacific is projected to show fastest growth during the forecast period. The growth can be attributed to rising economies in Asian countries including China, India, and Japan.

Key Players Operating in Global Ferrite Beads Market

Key players operating in the global Ferrite Beads market are:

• TDK Corporation
• Murata Manufacturing
• TAIYO YUDEN CO., LTD.
• Sunlord
• Laird
• Vishay
• Wurth Elektronik GmbH & Co. KG, Germany

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Automotive Head-up Display (HUD) Market Current Trends, Business Strategies and Industry Overview 2020 to 2030

According to the report, the global automotive head-up display (HUD) market is projected to surpass US$ 4.7 Bn by 2030, expanding at a CAGR of ~22% during the forecast period. Rise in demand for comfort and safety features in vehicles is likely to boost the automotive head-up display (HUD) market across the globe. Increase in preference for utility vehicles and luxury vehicles, in conjunction with the increase in demand for comfort and luxury vehicles among consumers globally, is anticipated to propel the automotive head-up display (HUD) market.

The global automotive head-up display (HUD) market is anticipated to expand during the forecast period, owing to increase in affordability of vehicles and transition of people to middle and upper middle-income groups. For instance, after a global slowdown in the automobile industry, several governments have reduced taxes on automobiles to encourage the sale of vehicles. Rising safety features and ease of accessibility in vehicles is boosting their sales, which, in turn, is likely to propel the automotive head-up display (HUD) market across the globe.

Expansion of Automotive Head-up Display (HUD) Market

The change in trade policies by the Trump Administration, such as withdrawal of trade agreement with South Korea and continuous fluctuation on tariff with import and export to China, is likely to fluctuate the market during the forecast period; however, the U.S.-China trade has witnessed a positive turnaround and the relation between the countries is anticipated to improve. The surge in trade volume, owing to rising bilateral trade among countries is projected to boost the automotive head-up display (HUD) market during the forecast period. China witnessed an increase in both general trade volume and proportion, escalating to 15.66 trillion Yuan. China trade volume accounted for 56.4% of the total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN. Exports of China to the U.S. further rose by 15.2% year-on-year.

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Based on vehicle type, the global automotive head-up display (HUD) market has been segmented into passenger vehicle and commercial vehicle. Passenger vehicle is likely to be a highly lucrative segment during the forecast period. This is primarily due to the rise in the production of passenger vehicles across the globe. The increase in adoption of safety features in vehicles, including lane departure system, pedestrian protection system, and night vision detection system, is likely to boost the automotive head-up display (HUD) market across the globe.

In terms of technology, the conventional HUD segment dominated the market, as it provides transparent and better view of surroundings, and helps detect obstacles in challenging road conditions. Moreover, major vehicle manufacturers are emphasizing on investments for the development of display technology and trying to reduce the cost of the head-up display, which is likely to fuel the automotive head-up display (HUD) market.

Regional Analysis of Automotive Head-up Display (HUD) Market

In terms of region, the global automotive head-up display (HUD) market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global automotive head-up display (HUD) market in 2019. It is anticipated to hold a leading share during the forecast period due to the rise in the production and sale of vehicles in China and countries in ASEAN.

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Major presence of automotive component manufacturers across Asia Pacific further boosts the automotive head-up display (HUD) market across the globe. Followed by Asia Pacific, Europe also held a significant share of the global automotive head-up display (HUD) market due to the presence of a large number of tier-1 suppliers who have advanced research and development facilities for head-up display, which, in turn, is likely to boost the automotive head-up display (HUD) market across the globe.

Prominent players operating in the global automotive head-up display (HUD) market include Robert Bosch GmbH, Continental AG, Denso Corporation., Magna International., ZF Friedrichshafen AG., Pioneer Corporation, NVIDIA Corporation, Panasonic Corporation, Garmin Ltd., Harman International, LG Display Co. Ltd, Mitsubishi Electric., Marelli Holdings Co. Ltd., Texas Instruments, Toshiba Corporation, Visteon Corporation, YAZAKI Corporation, Valeo SA, Alps Alpine Co. Ltd, and Clarion.

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Automotive Speaker Market Demand, Opportunities, Shares, Countries, Revenue and Forecast to 2030

According to the report, the global automotive speaker market is projected to surpass US$ 9.6 Bn by 2030, expanding at a CAGR of ~4% during the forecast period. Rise in integration of navigation system and use of electronic components in vehicles, and growing integration of mobile and multimedia devices are likely to fuel the demand for speakers during the forecast period. The increase in demand for premium and luxury vehicles that are fitted with good audio systems is likely to fuel the automotive speaker market across the globe.

The surge in adoption of autonomous vehicles and ADAS features in vehicles is anticipated to boost the automotive speaker market across the globe. For instance, after a global slowdown in the automobile industry, several governments have reduced taxes on automobiles to encourage sale of vehicles. Safety features and comfort features in vehicles with good audio systems are boosting sale of automotive speakers, which, in turn, is likely to propel the automotive speaker market across the globe

Expansion of Automotive Speaker Market

The surge in trade volume, owing to rising bilateral trade among countries is projected to boost the automotive speaker market during the forecast period. China witnessed an increase in both general trade volume and proportion escalating to 15.66 trillion Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN.

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Based on vehicle type, the global automotive speaker market has been segmented into passenger vehicle and commercial vehicle. Passenger vehicle is likely to be a highly lucrative segment during the forecast period. This is primarily due to the rise in the production of passenger vehicles across the globe. Rise in integration of electronic systems in vehicles is likely to boost the automotive speaker market across the globe. High rate of adoption of advance features and technologies in passenger vehicles as compared to that in commercial vehicles can be attributed to a significant share held by the passenger vehicle segment in the global automotive speaker market. \

In terms of position, the dashboard segment account for a significant share of the global automotive speaker market. Speakers are easy to install in the dashboard as compared to that in other positions. Speakers installed in dashboards provide good sound quality. This is likely to propel the automotive speaker market across the globe.

Regional Analysis of Automotive Speaker Market

In terms of region, the global automotive speaker market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global automotive speaker market in 2019. It is anticipated to hold a leading share during the forecast period, due to a rise in the production and sale of vehicles in China and countries in ASEAN. Followed by Asia Pacific, Europe also held a significant share of the global automotive speaker market due to the rise in the demand for premium vehicles in the region. The growing adoption of autonomous vehicles and ADAS features in vehicles across Europe is likely to fuel the automotive speaker market in the region.

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Major Players in Automotive Speaker Market

Prominent players operating in the global automotive speaker market include Alpine Electronics Inc., Bose Corporation, Harman International, Pioneer Corporation, Altec Lansing, SK Telecom, Sony, Lear Corporation, Metra Electronics, Sanyo, Dynaudio, and Boston Audio.

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Digital Retailing Acquires Prominence in Truck-as-a-Service Market

According to the report, the global truck-as-a-service market is projected to surpass US$ 99.2 Bn by 2030, expanding at a CAGR of ~26% during the forecast period. Increased trend of online shopping is a major factor driving the road transportation for delivery of goods, which is likely to boost the truck-as-a-service market across the globe. Moreover, rise in penetration of advanced technologies in commercial vehicles, which helps to enhance the safety of drivers and avoid breakdown of vehicles, is anticipated to boost the truck-as-a-service market across the globe. Investments by various governments across the globe in fast movable consuming goods (FMCG) is likely to offer significant opportunities for truck transportation service providers, which in turn is estimated to boost the truck-as-a-service market.

In addition, rise in adoption of technology in transportation, including next-gen global positioning, helps to track vehicle location. Modern GPS business solutions enable constant two-way communication and boosts transparency between owner and driver, which propels the truck-as-a-service market. A GPS vehicle tracking system is automated and provides real-time updates on a remote device. This helps in quick decision-making, which is likely to augment the truck-as-a-service market across the globe.

Expansion of Truck-as-a-Service Market

The change in trade policies by the Trump Administration, such as withdrawal of trade agreement with South Korea and continuous fluctuation on tariff on import and export to China, is likely to keep the market volatile during the forecast period. Surge in trade volume owing to rising bilateral trade among countries is projected to boost the truck-as-a-service market during the forecast period. China witnessed a surge in both general trade volume and proportion, escalating to 15.66 trillion Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN. Exports of China to the U.S. further rose by 15.2% year-on-year.

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Based on service type, the truck-as-a-service market has been segmented into digital freight brokerage, platooning, digital retailing, telematics, business analytics, and blockchain. Telematics service is likely to be a highly lucrative segment during the forecast period. This is primarily due to technological developments, including connected vehicle, live traffic updates, and global positioning system, which is likely to propel the truck-as-a-service market across the globe.

In terms of end-use industry, the FMCG segment dominated the market, owing to the rise in low cost goods transportation across the globe. Various governments across the globe are trying to invest in the FMCG segment due to increase in the coronavirus pandemic across the globe. Rise in developments in transportation management system, payment gateway integration, and customer management boost the FMCG segment, which in turn is estimated to propel the truck-as-a-service market across the globe.

Regional Analysis of Truck-as-a-Service Market

In terms of region, the global truck-as-a-service market has been segregated into North America, Europe, East Asia, South Asia, Middle East & Africa, and Latin America. North America dominated the global truck-as-a-service market in 2019. It is anticipated to hold a significant share during the forecast period due to expansion of logistics and warehouse industries, and production plants across North America. Followed by North America, Europe also held a major share of the truck-as-a-service market due to the expansion of the e-Commerce industry and consumer trend toward online shopping, which in turn is likely to boost the truck-as-a-service market across the globe.

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Key Players

Prominent players operating in the truck-as-a-service market include Daimler AG, MAN Trucks, Nikola Corporation, Fleet Advantage, Trimble Transportation Enterprise Solutions Inc., Traton SE, Tata Motors., Scania AB, PACCAR Inc., and Navistar International.

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