Tactical Communication Market Outlook to garner significant revenues through 2024

Tactical communications are military communications where different types of information are conveyed from one person to another in different places of the world through commands or codes. Tactical communication includes various methods of communication including verbal, visual, written, and auditory among others. Currently, tactical communication is done by electric means. Demand for advanced tactical equipment is expected to drive the market for tactical communication over the forecast period.

The market is expanding to support multiple missions that includes battle damage assessment and area surveillance, and target acquisition apart from border security. Tactical communication with low earth orbiting satellites are becoming popular among military forces across the globe. Tactical communication is mobile and easier to set up, and so is preferred over the legacy equipment. Existing types of communication systems is the major restraint of the market. Innovation in technology for tactical communication is expected to drive the market over the forecast period. 

The tactical communication market has been segmented by four types- by platform, by type, by technology, and by application. The market has also been segregated by underwater, airborne, land, and shipborne. Underwater tactical communication is expected to be the dominant segment as government agencies strengthen communication capabilities. On the basis of type of tactical communication system, the market has been segmented by manpack radio, soldier radio, vehicular inter-communication radio, high capacity data radio and other related types of tactical communication such as rugged networking devices, situational awareness video receivers, etc.

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Owing to the dual channel of communication and operation under different wavelengths, the manpack segment is likely to register the maximum growth. On the basis of technology, the tactical communication market has been segmented by time division multiplexing and next generation network. On the basis of application, the market has been segregated by integrated strategic resources, communication, combat, command & control and other related types of application. Command & control is likely to be one of the fast growing segments. The demand for innovative tactical communication has increased because the older equipment involves large number of vehicles to transport the strategic resources and information. 

Geographically, the tactical communication market is segmented by North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America accounted for majority of the market share in 2015 and is expected to continue to do so over the forecast period. The tactical communication network in North America is mainly driven by the demand from the U.S. Developing faster and steadier communication is likely to be the major driver for the tactical communication market in this region. Asia Pacific is projected to be one of the fast growing regions in the tactical communication market over the forecast period. Focus on strengthening communication network infrastructure in the defense sector is one of the major drivers of growth for this region.

China is a major market in tactical communication in Asia Pacific. Europe sees steady demand in the tactical communication market as the older communication systems involve large number of vehicles. Middle East & Africa also generate increasing demand owing to the introduction of more advanced types of tactical communication. Latin America has an emerging market share in the tactical communication market. Brazil accounts for one of the largest market shares in the tactical communication market in Latin America.

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The key players in the tactical communication market are Northrop Grumman Corporation, Raytheon Company, Thales Group, General Dynamics Corporation, and Harris Corporation. Other major players in the tactical communication market are BAE Systems PLC, L-3 Communications Holdings, Tactical Communications Group, LLC, Ultra Electronics, and ViaSat Inc.  

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Battery Resistance Tester Market Trends 2020 Future Scope, Demands and Projected Industry Growths to 2027

 

• Battery resistance testers measure resistance and voltage of modern-technology batteries with high resolution, speed, and accuracy
• Battery resistance testers primarily provide the measurement of multiple parameters of non-rechargeable batteries such as alkaline and rechargeable batteries including lithium-ion (Li-ion), nickel–cadmium (Ni–Cd), and lead–acid batteries
• Furthermore, battery resistance testers also provide quick measurement of battery voltage, internal resistance, and several other parameters for non-rechargeable as well as rechargeable batteries.
• Battery resistance testers are employed to measure multiple parameters such as inter-cell resistance, internal ohmic resistance (mΩ), connection resistance, cell voltage, temperature, DC current, and ripple current
• Moreover, advanced and user-friendly software of battery testers allow the user to recollect and re-test reading on-site for data comparing and trending
• This advanced, integrated feature of quick data storing and recording of numerous battery parameters is gaining traction

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Key Drivers of Global Battery Resistance Tester Market

• The global battery resistance tester market witnesses significant growth, owing to the rising demand in the electronics & instrumentation industry, which is anticipated to augment the production as well as sales of battery resistance testers worldwide during the forecast period
• Also, government support for a holistic approach toward instruments is estimated to drive the global battery resistance tester market during the forecast period
• Low maintenance and eco-friendly nature of battery resistance testers have made them popular in multiple industrial applications
• Moreover, electricity-generating stations and substations require all-day-run batteries for protection and control of switches and relays, while industrial applications require them for protection and control. Thus, batteries are employed to ensure that critical electric equipment are always on. Thus, in order to ensure that the supported equipment is adequately backed up and to prevent unexpected failures by tracking the battery’s health, battery testers are used. Thus, growing adoption of battery testers is fueling the demand for battery resistance testers.

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Portable Equipment Type Segment to Witness Significant Growth

• A portable battery resistance tester is the quickest, smallest, easiest, and most precise to use. Portable batteries have an advanced battery-tested data management software available with them to generate reports about the measured data.
• Thus, the portable equipment type segment of the global battery resistance tester market is likely to witness significant growth during the forecast period

Asia Pacific to Hold a Major Share of Global Battery Resistance Tester Market

• In terms of region, the global battery resistance tester market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
• The battery resistance tester market in Asia Pacific is anticipated to expand at the maximum CAGR during the forecast period, though it has witnessed sluggish growth in the past. This growth can be attributed to the increasing demand for eco-friendly as well as user-friendly instruments from various growing end-use industries in the region. Also, the economic growth and increased investments in research and development activities by governments and key manufacturers are fueling the battery resistance tester market in Asia Pacific.

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Conveyor System Market Size 2020-2025 | Leading Key Players, Growth Avenue, Industry Outlook, Major Segment, Size, Share Report By 2025

The global conveyor systems market is ruled by some prominent players, says Transparency Market Research, on the basis of a recently published report. The competition among the players is notably intense. Most players are focusing on improving durability and quality of the products to stay ahead in the league. Companies are also focusing on reducing production costs to attract higher sales in the coming years. At the same time, organic measures like mergers and acquisitions can also be witnessed in the coming years by some prominent players in the global conveyor systems market.

The top players in the global conveyor systems market account for more than 50% of the total shares. The competition is expected to become more intense as regional players will up the ante to increase their shares. Some of the key players in the global conveyor systems market are Murata Machinery Ltd., Daifuku Co. Ltd, Dematic Group, and Schaefer Systems International Inc.

The global conveyor systems market was valued at US$4.6 bn in 2016 and is expected to grow at a CAGR of 3.5% during the forecast period from 2017 to 2025. The market is projected to reach US$6.31 bn by 2025. Such positive factors will aide growth in the market in the coming years.

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Europe is expected to remain the most dominating region in the global conveyor systems market. At the same time, analysts predict that the Asia Pacific region will grow at a never-like-before pace in the coming years. Among the various types, belt type conveyor systems will hold the highest share in the market.

Safe Working Environment Calls for Installation of Conveyor Systems in Industries

Conveyor systems are used to move products across a manufacturing process. While handling large volumes of goods, laborers might struggle to move them from one place to another. On the other hand, many manufacturing industries handle heavy products. Conveyor systems could be the ideal product to help improve the manufacturing process’ efficiency and speed. It also helps provide safety to the laborers. These aspects are favoring growth in the global conveyor systems market.

Another area where conveyor belts find applications is airports. The number of people opting for air travel is increasing year after another. This has pushed governments across the world to expand airports to meet the growing passenger footfall. This also calls for more number of conveyor systems to improve speed of baggage collection for arriving passengers. This is another positive trend for the global conveyor systems market’s expansion.

High Cost of the Product Could Impede Growth

Conveyor systems are expensive. Not only that, their installation is a humungous task for manufacturers. The cost of installation is also expensive. Hence, it is almost impossible for small and medium scale industries to facilitate installing conveyor systems. This could impede growth in the global conveyor systems market.

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However, many manufacturers have realized that there is enough demand from small and medium scale industries to improve their manufacturing efficiency. To suit their demands, companies in the global conveyor systems market are working on developing small scale conveyor systems that are budget-friendly and easy to operate.

The study presented here is based on a Transparency Market Research report titled “Conveyor System Market (Conveyor Type - Roller Conveyor, Belt Conveyor, Pallet Conveyor, and Over-head Conveyor; End User - Food Processing, Automotive, Retail Sector, Airport, and Healthcare; Distribution Channel - Online Distribution Channel and Direct Distribution Channel) - Global Industry Analysis, Trend, Size, Share and Forecast 2017 – 2025.”

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GPS Tracking Device Market Share to witness strong growth potential by 2025

The global market for GPS tracking devices is gaining momentum due to the adoption of better technologies across several sectors. The impetus given to security systems and better management of resources will play a pivotal in enhancing market growth. GPS (Ground Positioning System) technology is widely used to determine the precise location of vehicles and other mobile entities. The information regarding the moving object can be transmitted to a central control unit or can also be stored within the tracking device. The system uses satellite, radio, or cellular modems fitted with the tracking device; devices enabled with GPS can be used to track the mobile objects. The device’s location uses geometric coordinates to position the object on a map. The GPS tracking system is divided into three parts viz. basic, intermediate, and advance design.

The market could be segmented based on the following parameters: type, industry, deployment vehicle, and region. Each of these categorizations are vital in ascertaining the progress of the market. It is important to analyze the sub-segments within these categories to get a wider purview of the market.

Transparency Market Research (TMR) elucidates key facts about the market in a report. The market dynamics have been decrypted to understand the pivotal forces that could augment growth in the future. The report employs pragmatic methodologies to gauge the progress of the market, and collects data through primary, secondary, and tertiary modes of research. The market growth has been quantified in the form of key parameters such as growth rate, market value, and regional market share. The report shall act as an important focal point for market players and analysts to gauge the future success of the market.

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Global GPS Tracking Device Market: Key Trends and Opportunities

The prime reason that propels demand for GPS devices is the accuracy of these devices in ascertaining the position of mobile objects. Moreover, the installation of these devices does not incur very high costs, which further popularizes these devices. The relatively low cost also makes it easy for small- and medium-sized businesses to deploy these systems and improve their efficiency. Hence, the market has been expanding its consumer base over the years.

The transport industry is a key consumer of these products; buses, trucks, freights, and cars owned by businesses are fitted with GPS tracking system. Another important factor bolstering demand is installation of these devices across public transport systems. The governments want to add utility to public services, thus, these systems are being rapidly adopted across government undertakings.

Global GPS Tracking Device Market: Regional Analysis

The global market for GPS tracking devices is geographically segmented into the Middle East and Africa, South America, Asia Pacific, North America, and Europe. The market in Asia Pacific is expected to exhibit a high growth rate on account of the rising popularity of automation in the regions. The affluence of regional market is expected to depend on the assistance from government initiatives and expansion of transport businesses.

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Global GPS Tracking Device Market: Vendor Landscape

The market players operational in the global market are expected to innovate their solution portfolio to garner a greater market share. The leading players include Laird PLC,Calamp Corp, Teltonika UAB, Concox Wireless Solution Co., Ltd., TomTom International BV, Sierra Wireless Inc.,Geotab Inc. Meitrack Group, ATrack Technology Inc, Orbocomm Inc, Ltd, and Trackimo LLC.

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Marine Electronics Market Trends 2020 | Comprehensive Study Explores Huge Growth in Future By 2026

Global positioning system (GPS) systems combine numerous devices that provide exact information that helps the ships for rescuing people during emergencies. Seaborne vessels are using these GPS systems for their authentic and effective working. This system helps them to decide to choose the route. By using GPS technology, vessel-tracking systems for identifying the marine and naval vessels and tracking or monitoring the ships location. These systems serve and help in the transmission and receiving points with the help of very high frequency (VHF) radio channels.

The marine electronics market report represents the current scenario coupled with future growth and opportunities present in the global market. One of the important part of the marine electronics market report is competitive landscape, which offers details of key players operating in the marine electronics market such as company history, SWOT analysis, annual turnover, mergers new product launches, acquisitions (M&A) activities, and recent research and development (R&D).

Global Marine Electronics Market: Drivers and Restraints

Search and rescue squads use sonar systems for tracing bodies from crash or accidental sites. Growing adoption of sonar systems for search and rescue operations are driving contributing towards the growth of the marine electronics market. Additionally, these electronics offer convince and works effectively, which are supporting its adoption and driving growth of the global marine electronics market.

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Growing usage of water or air ways for travelling or goods transport is leading to increased risk of accidents, which in turn is propelling adoption of the marine electronics market. Additionally, growing uptake of anti-submarine warfare (ASW) systems and unmanned underwater vehicle (UUVs) coupled with increased focus on improving marine transportation safety is boosting adoption of the marine electronics and likely propel growth of the global marine electronics market.

Moreover, rising need for securing the marine routes and improving safety of coastal areas is expected to contribute to the demand for the marine electronics. This factor is expected to provide a support to the growth of the global marine electronics market.

Global Marine Electronics Market: Geographical Analysis

On the basis of region, the marine electronics market could be segmented into North America, South America, Europe, Asia Pacific, and the Middle East and Africa. Of these regions, North America is expected to expand with faster growth rate over the forecast period. This growth is attributable to the factors such as rapid economic developments, digitalization, and increased and early adoption of advanced marine technologies.

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Global Marine Electronics Market: Companies Mentioned

Some of the key players operating in the marine electronics market are ATLAS ELEKTRONIK, FLIR Systems, FURUNO ELECTRIC, Garmin, Johnson Outdoors, Kongsberg Maritime, Kraken Sonar, Navico, Neptune Sonar, Northrop Grumman, Raytheon, R2Sonic, Sound Metrics, Thales Group, and Ultra Electronics.

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Water Soluble PVA Films Market Current Trends and Future Aspect Analysis 2020 – 2027

 

• Technological advancements have led to the development of automotive switches, including touchpad controller, which enable the vehicle driver to control multiple functions through a single switch
• Automotive switches are electromechanical devices that aid in various vehicle applications such as HVAC (AC Switch, Blower Switch), headlamps, vipers, and power windows. Automotive switches control diverse vehicle systems, including infotainment devices and electronic systems, in vehicles.

Key drivers of global automotive power switching system market

• Government rules and regulations to enhance fuel economy and reduce vehicle emissions are expected to offer considerable opportunities to the automotive power switching system market. For instance, EURO 6 standards, investments, and research & development in ADAS system are likely to offer lucrative opportunities to manufacturers of various automotive power switching systems in Europe.
• Demand for electric vehicles in several region is increasing owing to their low operating cost, zero-emission and silent operation. Technological developments in electric vehicle components, including batteries, are likely to boost the electric vehicle market even further. An electrical vehicle requires various sensors, controllers, semiconductors, and switches to operate various electrical systems. Therefore, a rise in the demand for electrical vehicles is likely to propel the global automotive power switching system market.
• Automotive power switching systems are expected to witness a surge in demand owing to an increase in the demand for vehicle safety systems, HAVC systems, power window switches, etc. The trend of owning vehicles is rising globally, owing to increasing standards of living and economic development across the globe. Furthermore, demand for SUVs, luxury vehicles, and premium hatchback passenger vehicles are increasing owing to a rise in the demand for comfort and luxury among vehicle users. Therefore, a surge in the demand for passenger vehicles is driving the global automotive power switching system market.

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Push button type of switches to account for significant share of global automotive power switching system market

• Push button switches are the simplest type of switches that contain an electric mechanism. The switch performs a predefined function with a simple push. For instance, a push button switch in a vehicle allows the driver to start the engine.
• Push button switches in the automotive industry are used in diverse applications, such as including engine ignition start, headlamps, and infotainments, which helps the driver to access the required function with ease. Push button switches are low cost and offer good electrical conductivity and durability. Moreover, they are easy to install for both auto manufacturers and aftermarket players. Therefore, the push button switch segment is likely to hold a significant share of the global automotive power switching system market owing to its simple design and ease of operation.

Asia Pacific to hold a prominent share of global automotive power switching system market

• The production of automotive power switching systems is cost-effective to a larger demographic in Asia Pacific, owing to the presence of strong domestic manufacturing facilities and increasing foreign direct investments in automotive industries in countries including China, Japan, India, and South Korea. Furthermore, awareness about technology and presence of OEMs and aftermarket players in the region are attributed to a surge in the rate of adoption of automotive power switching systems in vehicles.
• Strategic investments by governments and major OEMs in China and India in order to propel research & development in automobiles and to expand manufacturing industries are likely to drive automotive power switching system market in Asia Pacific

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Key players operating in global automotive power switching system market

The global automotive power switching system market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global automotive power switching system market are:

• Robert Bosch GmbH
• Panasonic Corporation
• TRW Automotive 
• Delphi Automotive Plc.
• Waytek, Inc.
• Simco Auto Limited
• Continental AL
• TOKAIRIKA, CO, LTD.
• Autoliv Inc.

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Automotive Paint Market 2020 : Trends, Analysis, Segmentation, Forecast to 2025

Paint imparts a good texture and rich appearance to the interior as well as exterior components of the vehicle. Apart from improving the aesthetical appearance of the vehicle, paint also protects the vehicle from acid rains, UV rays, oxidization, and corrosion. The quality and consistency of the automotive paint and the rich feel that the paint imparts to the vehicle is an eye-catching feature which plays a vital role in attracting customers toward the vehicle. Automotive paint consists of a pigment, a binder, and thinner. Most vehicle paint composition, currently, comprise a primer coat, followed by a coat of paint and then a final clear coat for achieving a good and consistent finish across the surface of the vehicle.

Automotive paint consists of color pigment, additive pigments, binder and thinner. Titanium oxide is the most commonly used color pigment for automotive paint. Additive pigments comprise several compounds such as calcium, talc, and mica. Additive pigments are primarily responsible for imparting the necessary viscosity, levelling, sheen, appearance and flexibility to the automotive paint. The binder is utilized with both the color and the clear coat layers. The binder imparts durability to the paint and keeps the paint bonded to the layer of clear coat.

Increasing production volumes of both passenger as well as commercial vehicles is expected to drive the automotive paint market during the forecast period. Increased disposable income of people, improved consumer lifestyle, and rising consumer preference toward vehicles with good aesthetical finish, rich texture, and glossy appearance are anticipated to further boost the automotive paint market in the next few years. Increasing investments by OEMs in developing automotive paints which are expected to reduce the adverse environmental impact caused by volatile emissions from certain types of automotive paints is projected to provide promising opportunities for the automotive paint market during the forecast period. For instance, BASF Group and Sirrus Inc., two major players focusing on the development of coatings and adhesives, have entered into an agreement to develop a new class of high performance automotive coatings based on methylene malonate technology.

However, few types of automotive paints contain solvents such as toluene which release VOC (volatile organic compounds) which have an adverse effect on the environment. The governments of few countries have imposed rules and regulations imposing restrictions on the level of VOC emissions from such types of paints. This is expected to hamper the growth of the automotive paint market during the forecast period. Moreover, solvent based paints pose a threat of internal substitution by water based paints which are environment friendly. This is anticipated to decline the growth of the automotive paint market to some extent during the forecast period.

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Based on vehicle type, the automotive paint market can be classified into passenger vehicles and commercial vehicles. The passenger vehicles segment is estimated to dominate the automotive paint market during the forecast period owing to the increased demand for passenger vehicles across the world in recent years.

Based on finish provided, the automotive paint market can be divided into solid finish, metallic finish, pearlescent finish, matte finish, and special finish. The metallic finish segment is anticipated to expand at a significant growth rate during the forecast period owing to the rising public preference toward vehicles with a shiny, glossy, and metallic appearance.

Based on the base material of paint, the automotive paint market can be classified into lacquer-based, enamel-based, urethane-based, and acrylic based. Lacquer-based paints are not preferred by automotive manufacturers owing to their drawbacks such as need for frequent maintenance, tendency to become brittle with ageing, tendency to crack and chalk after prolonged usage, and presence of highly toxic solvents such as toluene, which have adverse effects on the environment. Enamel-based paints are softer, provide a glossier finish, and are less expensive than urethanes. Urethane-based paints have high durability, are comparatively more expensive, and are slightly difficult to spray. Presently, urethane-based paints are preferred by several vehicle manufacturers for their recent models due to their superior performance, despite their marginally higher cost.

Based on paint type, the automotive paint market can be segregated into solvent-based paint, water-based paints, powder painting, and nanotechnology-based paints. Solvent-based paints contain solvents such as toluene, which release VOCs (volatile organic compounds) into the environment during drying. These VOCs pose a threat to the environment. Powder painting does not involve the usage of wet paints. Thus, powder painting does not release any harmful compounds in the environment. However, powder painting does not prove to be a practically feasible solution for painting few components of the vehicle which have irregular shapes or tough geometries. These limitations in certain automotive painting processes has shifted the interest of manufacturers toward water-based paints in recent years.

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The water-based paints segment is anticipated to dominate the automotive paint market during the forecast period owing to its environment friendly nature and the good aesthetic finish of the painted product. Nanotechnology-based paints are being used in a few sports cars. However, it is not expected to be a practically viable option from the point of view of manufacturers for mass painting of vehicles owing to its significantly high cost and is likely to be used only in top-end models.

Based on application, the automotive paint market can be divided into interior and exterior. The exterior segment is anticipated to expand at a significant growth rate during the forecast period since most exterior components of the vehicle demand the application of paint for imparting a good aesthetical look and finish to the vehicle. Furthermore, most manufacturers are currently shifting their focus from painting interior components of the car to manufacturing the interior components from a pre painted master batch, which is greatly seen to reduce the application of automotive paint in the vehicle’s interior.

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