Advanced Driver Assistance System (ADAS) Sensor Market Size & Forecast 2020–2026 By Global Industry Trends, Future Growth, Regional Overview, Share Estimation, Revenue, and Outlook

Advanced Driver Assistance System (ADAS) Sensor are the backbone of the ADAS architecture. Advanced driver assistance systems are the systems that are employed in vehicles to monitor, warn, and control the vehicles with partial and compete override of the driver. It assist the driver while driving and other activities such as parking where the driver is not entirely able to concentrate on driving and needs assistance in controlling the vehicle. ADAS sensors plays a very important hole in decision making of ADAS to control the vehicles and needs to be of great precision and accuracy, thus many of the sensor manufacturers are focused on developing high precision and high accuracy sensors.

Market Dynamics: Global Advanced Driver Assistance System (ADAS) Sensor Market

The Advanced Driver Assistance System (ADAS) Sensor market is expected to be driven by the increasing awareness among the drivers in safety applications and regulations by the governments of developed countries in Europe and North America. Advanced driver assistance systems are currently in the state of development, particularly in low end consume vehicles as well as commercial vehicles. Though the penetration of ADAS is comparatively high in luxury vehicles, many of the vehicle manufacturers are focusing on developing and upgrading the existing systems by coping up with the associated problems to expand market reach, which is anticipated to be the major factor towards the escalated growth of ADAS sensor market during the forecast period. Furthermore, along with the increasing research and development spending on ADAS sensors and accelerated growth of automotive manufacturing in developing economies is fueling intense competition in the global market, and is anticipated to further intensify during the forecast period.

Market Segmentation: Global Advanced Driver Assistance System (ADAS) Sensor Market

The global advanced driver assistance system (ADAS) sensor market has been segmented based on type, application, vehicle type, and region. Based on type, the Advanced driver assistance system (ADAS) sensor market can be classified into temperature sensor, radar sensor, LiDAR sensor, infrared sensor, laser sensor, ultrasonic sensor, pressure sensor, and others.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=43208

Based on application, the market can be segmented into adaptive cruise control (ACC), adaptive head lamp (AHL), automatic/intelligent emergency braking (AEB), blind spot detection system (BSD), cross traffic alert (CTA), drowsiness monitor system (DMS), lane departure warning system (LDS), night vision, park assist (PA), surround view camera system (SVC), time pressure monitoring system and others. Based on vehicle type, the advanced driver assistance system (ADAS) sensor market can be segmented into, passenger cars, and commercial vehicles. The commercial vehicle segment of the advanced driver assistance system (ADAS) sensor market is further classified into light commercial vehicles, and heavy commercial vehicles. In terms of geography, the global advanced driver assistance system (ADAS) sensor market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Preliminary Analysis

North America and Europe is anticipated to contribute a largest share to the global advanced driver assistance system (ADAS) sensor market due to the presence of leading advanced driver assistance system (ADAS) sensor manufacturers in this region. Moreover, rising awareness about driving safety and, initiatives and regulations defined by road safety authorities are anticipated to be the fueling factors for market growth in these regions during the forecast period.

The market in Asia Pacific is anticipated to expand at a prominent growth rate owing to the exponential expansion of automotive industry in major economies such as China, India, Japan, and Australia in the region. Moreover, increasing penetration of advanced driver assistant system (ADAS) in budget passenger cars is anticipated to drive the market in this region. Among the application segment, adaptive cruise control (ACC) is anticipated to be the major contributor towards the global market followed by surround view camera system (SVC) as majority of the car manufacturers across the globe are focusing on integrating these technologies in the low price passenger cars.

Read Latest Industry Press Release@ https://www.prnewswire.com/news-releases/sparkling-growth-opportunities-await-for-food-processing-equipment-market-through-launch-of-innovative-and-efficient-equipment-5-cagr-across-the-forecast-period-of-2019-2027-projects-transparency-market-research-301086708.html

Prominent Market Players

Key players operating in the global Advanced Driver Assistance System (ADAS) Sensor market include Aisin Seiki Co., Autoliv AB, Robert Bosch GmbH, Continental AG, Delphi Automotive, Denso Corporation, Gentex Corporation, Harman International, Hella KGaA Hueck & Co., Hyundai Mobis, Magna International, NXP Semiconductors, Panasonic Corporation, Takata Corporation, Tech Mahindra, Texas Instruments Inc., Valeo S.A Corporation, and ZF Group among others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product development. The report provides an in-depth analysis about the strategic business activities along with the market dynamics shaping the global Advanced Driver Assistance System (ADAS) Sensor market over the period of study.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Read More

Architectural Lighting Market by Key Findings, Covid-19 Impact Analysis, Progression Status, Revenue Expectation to 2030

The demand within the global architectural lighting market is set to increase at a stellar pace in the years to follow. The domain of architectural studies is not just concerned with space optimization and planning, and has also come to include other key areas such as indoor lighting, scalability, and aesthetics. This factor has played a crucial role in driving sales across the global architectural lighting market. Several architects and design firms lay value on the importance of proper lighting for enhancing the design, appeal, and aesthetics of spaces.

Furthermore, there has been an increase in the use of low light technologies for giving a raw and cosy touch to indoor spaces. Several new lighting technologies are expected to spearhead the growth of the global architectural lighting market in the times to follow.

Looking for exclusive market insights from business experts? Request a Custom Report here

In this syndicate review, the trend and dynamics pertaining to the growth of the global architectural lighting market have been enunciated. The dependency of the architecture domain on lighting technologies forms the basis of growth within the market. Focus on aesthetics and enhancement of spaces has also played an integral role in market expansion. Over recent years, use of architectural lighting has increased across residential, commercial, and industrial spaces. This is an important trend that could shape the growth graph of the market.

Global Architectural Lighting Market: Notable Developments

• GE Lighting is a premium player that has driven innovation and growth across the global architectural lighting market. However, in a visible setback to the company’s standing, it recently sold its lighting business to Savant Systems. However, it would be interesting to witness the changes and innovative hacks that Savant Systems would bring to the table. The growth dynamics of the global architectural lighting market could also be impacted by this arrangement.
• The development of LED technologies has played a crucial role in driving sales across the global architectural lighting market. It is imperative for architectural planners to understand the benefits served by LEDs. The energy sector is emphasizing on the use of energy-efficient technologies that can help in reducing the use of electricity.

Key Players

• Philips Lighting Holding B.V.
• Feilo Sylvania
• OSRAM GmbH
• TCP International Holdings Ltd.

Global Architectural Lighting Market: Growth Drivers

• Use of Natural Lighting in Indoor Spaces

Several architects focus on designing spaces in a way that can optimize the use of natural light. This has emerged as an accepted trend across offices, commercial buildings, and other premises focused on green technologies. Furthermore, the advent green architectural studies have also paved way for the use of glass ceiling and walls that can help in utilising natural light. The lighting industry has developed a range of new technologies that leverage renewable resources. This is also a prominent trend that has driven sales across the global architectural lighting market. Over the course of the next decade, the architectural lighting market could exhibit multiple new products.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

• Meeting Custom Requirements of End-users

The use of lighting technologies has helped architects in meeting the custom requirements of the masses at affordable prices. Aesthetic light placements complement the design of buildings and indoor spaces. Furthermore, libraries, museums, and healthcare facilities need to be optimized with proper lighting technologies to fit the requirements of the end-users. The demand for attractive architectural lighting across the residential sector has also increased in recent times. The trend of using upbeat, low-tone, bright, or radiant designs in architecture has become possible with the availability of desired lighting technologies. In this context, the global architectural lighting market can safely earn voluminous revenues over the coming times.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Read More

Astable Multivibrator Market Size, Status and Forecast to 2020-2027

 

• A multivibrator can be defined as an electronic circuit that generates rectangular, square, pulse waveforms. Multivibrators are also referred to as function generators or nonlinear oscillators. Multivibrators are of three types: astable multivibrators, monostable multivibrators, and bistable multivibrators.
• An astable multivibrator functions on the principle of two-stage switching circuit, wherein the input of the second stage depends on the output of the first stage and vice versa. Outputs of both stages correspond to each other. These types of circuits are not stable in either state, they uninterruptedly oscillate from one state to the other.
• Astable multivibrators are free running in nature and they generate square waveforms without the aid of any external eliciting pulse. Astable multivibrators have two switches, which run back and forth from one state to another. The multivibrator remains in each state for some time, depending on discharging of a capacitor through a resistor.

Advantages Associated with Astable Multivibrators: A Key Market Driver

• Over the last few decades, the global astable multivibrator market has witnessed significant growth. However, it is anticipated to witness stagnant growth in the next few years. This growth can be attributed to advantages associated with these multivibrator.

• Astable multivibrators offer benefits such as simple operation and limited number of external components. These circuits produce perfect square waveforms, which makes them compatible with several applications such as flashing LEDs, pulse width modulation, pulse position modulation, and periodic timers.
• In addition, astable multivibrators are lower in cost and easy to design. This results in rising popularity of these circuits among users.
• The above-mentioned factors are anticipated to fuel the global astable multivibrator market throughout the forecast period.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=74901

Incapability of Astable Multivibrators: A Major Restraint of Market

• Astable multivibrators are not capable of transferring the entire yield sign that includes signal. This is primarily due to obstructions inside the circuit, absence of a totally closed loop at yield terminals, and propensity of one capacitor or transistor to assimilate vitality at an unexpected rate in comparison to the next capacitor or transistor.
• Despite the fact that the intensifier re-establishes vitality when it amplifies the signal, the signal would inevitably be too low to be even considered to be of any use. This drawback associated with astable multivibrators is hampering the global astable multivibrator market.
• On the other hand, in response to the increasing demand for astable multivibrators in multiple applications, manufacturers are focused on research and development activities

North America to Lead Global Astable Multivibrator Market

• In terms of region, the global astable multivibrator market can be divided into: North America, Europe, Asia Pacific, South America, and Middle East & Africa
• North America is anticipated to be the dominant region of the global astable multivibrator market from 2019 to 2027. This is primarily due to early adoption of the technology in the region.
• The market in Asia Pacific is expected to register the maximum growth rate during the forecast period, owing to inclination toward modernization and urbanization in developing countries of Asia such as India, China, Japan, and Singapore.
• The astable multivibrator market in Europe is likely to witness significant growth during the forecast period. The market in Middle East & Africa and South America is projected to witness moderate growth during the forecast period.

Read Latest Industry Press Release@ https://www.prnewswire.com/news-releases/increase-in-aging-vehicles-on-the-road-to-propel-growth-in-roadside-assistance-market-from-2019-to-2027-transparency-market-research-301078527.html

Key Players in Global Market

The global astable multivibrator market witnesses presence of a significant number of players, which makes it a fairly fragmented market. Prominent players operating in the global market are focusing on technological advancements and expansions to meet the rising demand for astable multivibrators. Moreover, manufacturers are engaged in the development of innovative astable multivibrator solutions.

Key players operating in the global astable multivibrator market are:

• ON Semiconductor
• Visionics Sweden HB
• NXP Semiconductors
• Renesas Electronics Corporation
• Toshiba
• Microchip Technology
• Fairchild Semiconductor

Read More

Automotive Garage Equipment Market Overview, Geographical Segmentation, Industry Size & Share, complete Analysis to 2026

Transparency Market Research has published a new report titled, “Automotive Garage Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” According to the report, the global automotive garage equipment market is projected to expand at a CAGR of 3.50% during the forecast period to reach US$ 8 Bn by 2026.

According to the report, the global automotive garage equipment market is likely to be driven by a range of macroeconomic and industry-specific factors. Asia Pacific is expected to be at the forefront of global demand, with the market in the region expanding at a CAGR of 3.74% between 2018 and 2026.

The global automotive garage equipment market is witnessing steady growth. Rise in urbanization and surge in sales of vehicles in various countries have increased the overall vehicle miles driven globally by approximately 2% to 4% in the past few years. This, in turn, has propelled the usage of passenger cars which is anticipated to augment the global automotive garage equipment market during the forecast period. Growth of the market is attributed to the booming automotive sector across the globe. Increase in awareness about vehicle maintenance and vehicle safety among vehicle owners is likely to drive the global automotive garage equipment market during the forecast period. Rise in preference for vehicle customization and increase in number of vehicle maintenance & repair garages, technical inspection centers, and body shops are likely to drive demand for garage equipment from 2018 to 2026.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=21578

The global automotive garage equipment market has been segmented based on garage type, equipment type, and vehicle type. OEM dealerships are taking aggressive steps to expand their market activities. These are increasing authorized dealerships and service centers in order to enhance customer service. Consequently, expansion of the OEM dealership segment is likely to drive the market during the forecast period. Furthermore, reduction in prices of vehicle parts and increase in availability of the parts in cheap price reduces the repairing work. These factors are likely to “hamper the growth of the independent garage segment during the forecast period.

Based on vehicle type, the global automotive garage equipment market has been bifurcated into passenger vehicles and commercial vehicles. In terms of revenue, the passenger vehicles segment accounted for a major share of the market in 2017. Demand for vehicles is increasing across the world. Increase in the number of vehicles globally can be ascribed to the rise in global population. Countries such as the U.S., Canada, and regions such as the EU have witnessed high percentage of urbanization and stable economic conditions. Rise in preference for SUVs among the younger generation owing to sporty and powerful ride increases demand for such vehicles. This in turn is likely to boost the passenger vehicles segment in these countries and sub-region.

Wheel & tire equipment play an important role in the service of a vehicle in OEM dealerships and independent garages. These include wheel balancers, wheel aligners, tire changers, and other components. Increase in electronic complexity, less runtime to diagnose fault, and rise in importance of emission control have increased demand for vehicle diagnostic & testing equipment. The new program for greenhouse emission was developed by the Environmental Protection Agency and the National Highway Traffic Safety Administration (NHTSA). Midterm evaluation of light-duty vehicle greenhouse gas emissions standards have been set for model years 2022–2025.

Read Latest Industry Press Release@ https://www.prnewswire.com/news-releases/electric-shavers-market-to-be-worth-us17-7-bn-by-2024-due-to-growing-attention-to-the-personal-grooming-states-tmr-300795707.html

In terms of region, the global automotive garage equipment market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is a prominent market for automotive garage equipment. The report projects the automotive garage equipment market in Asia Pacific to expand at a CAGR of 3.5% to reach US$ 3.9 Bn by 2026. Asia Pacific dominated the global automotive garage equipment market, accounting for more than half the market in terms of revenue in 2017. The trend is expected to continue during the forecast period due to the consistent rise in demand for passenger vehicles owing to rapid urbanization, stable economic conditions, and lower interest rates. Asia Pacific was followed by Europe and North America in terms of market share in 2017.

Demand for heavy commercial vehicles and light commercial vehicles is anticipated to rise during the forecast period driven by rapid industrialization and growth of the construction industry in Asia Pacific.

Read More

Intelligent Vending Machines Market Demand, Growth Opportunities and Top Key Players Analysis Report

The evolution of the intelligent machines market pivots on the changing taste, proclivities, and fascination of shoppers. Manufacturers in the intelligent vending machines market have aimed at new ways of machine-human interaction. Resultantly, they have incorporated new gesture-based technologies, touch screen controls, video technologies, and cashless payment mechanism. They are also keen on improving the overall dispensing experience, with smart vending machines also being an emerging canvas for product promotion.

Of all the technologies, new avenues in the intelligent vending machines market has thrived on the back of rapid adoption of connected technologies. An example is internet of things technology. Another technology area crucial in the strides of the market is face and voice recognition sensor.

Are you a start-up willing to make it big in business? Grab an exclusive PDF Brochure for this report

Intelligent Vending Machines Market: Key Trends

The drive for cashless payments offers a significant boost to the use of intelligent vending machines. Advances being made in IoT networks have benefitted the retail industry, thus opening new avenues for players in the intelligent vending machines market. The remote management of intelligent vending machines is one of the key propositions for deployment of such machines by retailers around the world.

The focus of vending healthy foods to consumers through intelligent vending machines has opened a new avenue. Growing use of these vending machines to obtain packaged drinks has spurred prospects in the intelligent vending machines market. Preference of adolescents and adults for instant refreshment has nudged them to use such vending machines.

Rise in deployment of intelligent vending machines in malls has helped the market to expand rapidly in urban areas.

Intelligent Vending Machines Market: Competitive Assessment

Most players are pinning hopes on inorganic growth strategies to consolidate their positions in the intelligent vending machines market. Some companies are also focusing on making strategic acquisitions and are entering into collaborations to have a higher revenue share of pie. Several aspiring players are focusing on hotel, restaurant, and catering sector (HORECA) business to tap into some big revenue potential.

For Right Perspective & Competitive Insights on Intelligent Vending Machines Market, Request for a Sample

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

• Customer Experience Maps
• Insights and Tools based on data-driven research
• Actionable Results to meet all the business priorities
• Strategic Frameworks to boost the growth journey

Read More

Light Gauge Steel Framing Market Size, Share, Development by 2027

 

• Light-gauge steel framing systems consist of structural frames fabricated using cold formed steel sections. These are made from a mixture of zinc and aluminum or coated with zinc to protect it from corrosion.
• Light gauge steel frames can be used throughout a structure, including load-bearing exterior walls, non-load bearing interior walls, floor joists, curtain walls, and roof trusses.
• In modern techniques of construction, users tend to opt for light gauge steel frames owing to its lightweight and recyclable property. In addition, it is found to be cost effective and minimal time consuming in the formation of civil structures as compared to traditional clay, stone, or brick.
• The light steel frame structure system is usually used in residential and industrial construction such as office buildings, steel structure workshops, warehouses, and stadiums. Rapid growth in the construction sector across the globe is likely to boost the growth of the global light gauge steel framing market.

Rising Dependency on Light Gauge Steel Framing

• Light gauge steel framing structures are gaining popularity in a wide range of construction activity across the globe. It has a long self-seismic period, and the effect of the seismic load is small, which is beneficial in resisting earthquakes. Implementation of stringent government laws and regulations regarding the usage of advanced civil engineering techniques in the construction sector has encouraged the growth of the light gauge steel framing market. These frames are made from 60% recycled steel which is used in a variety of roofing, modular structure design, and infill walling applications; it is found to be attractive among users as it is pollution-free and a source of raw material for green building technology. This is expected to lead to growth of the light gauge steel framing market across the globe in the future.

Rapid Growth in Construction Sector

• Light gauge steel framing is widely used in building infrastructure, shopping malls, schools, hospitals, and offices. In recent years, with the rising cost of timber and wood, demand for light gauge steel framing has grown at a rapid pace in various industrial, public, residential, and commercial building construction owing to its high durability and cost effectiveness. Increasing investment by governments and the private sector in construction activity is expected to drive the global light gauge steel framing market. Several multinational players and government bodies are investing huge amounts in construction. This is also influencing the growth of the light gauge steel framing market.

For Right Perspective & Competitive Insights on Light Gauge Steel Framing Market, Request for a Sample

Asia Pacific to Hold Leading Share of the Global Light Gauge Steel Framing Market

• The global Light gauge steel framing market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
• North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the light gauge steel framing market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the light gauge steel framing market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The light gauge steel framing market in South America is segmented into Brazil and Rest of South America.
• Asia Pacific is expected to remain a dominant region in the global light gauge steel framing market owing to increase in construction of residential and non-residential buildings in the region.

Key Players Operating in the Light Gauge Steel Framing Market

The global light gauge steel framing market is consolidated in nature owing to presence of global and regional players.

Major players across the globe are focused on offering cost effective light gauge steel framing to meet the requirement of end-users. In addition, players are also providing customized solutions by building pre-fabricated structures, which helps companies to save labor cost and time during construction.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

A few of the key players operating in the global light gauge steel framing market are:

• Arkitech Advanced Construction Technologies
• Bluescope Steel Limited
• Cemco
• ClarkDietrich Building Systems
• Craco Manufacturing Inc.
• Emirates Building Systems
• FRAMECAD Ltd.
• Genesis Manazil Steel Framing
• MRI Steel Framing LLC
• Nipani Infra & Industries
• QSI Interiors Ltd.

Read More

Machine Tools Market Insights 2020: Business Analysis By 2028 With Leading Players

The global machine tools market is pegged to witness prominent growth avenues during the forecast period of 2019 to 2028. This growth is attributed to the increased demand for machine tools from various end-user industries. COVID-19 epidemic has impacted negatively on almost all sectors in the world. The market for global machine tools has witnessed severe disruption in the production as well as imports activities from China. Nevertheless, the machine tools market is expected to recover from this setback and show prominent growth during the upcoming period.

The segmentation of the global machine tools market is performed on the basis of end-use, product type, and region. Machine tools find application in various industries such as automotive and transportation, electrical and electronics, general manufacturing, machinery, and others.

An upcoming research report from TMR on the machine tools market intends to provide comprehensive assessment of vital elements driving or hindering the market growth. It covers reliable data on volume, shares, revenues, key players, demand dynamics, probable growth avenues, and all important data on the market for machine tools for the forecast period of 2019–2028.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

Global Machine Tools Market: Growth Dynamics

The machine tools market is expected to grow at rapid pace owing to rising demand from wide range of industries. Automotive is one of the major end-use industries of machine tools. Thus, the thriving automotive sector will stimulate the growth of the global machine tools market. Many companies in the global machine tools market are strategizing their business moves to deal with the setback caused due to the COVID-19 epidemic. They are focused on incorporating technological developments in their products. This move is helping them to enhance the efficiency of their products. As a result, the global machine tools market is witnessing prominent demand avenues.

Several players in the global machine tools market are introducing new products with advanced features. A case in point here is the latest launch by Doosan Machine Tools. The firm recently announced that it has launched a new product to its portfolio. Thus, this product launch activity by Doosan Machine Tools is expected to help to grow its sales, thereby push the growth of the global machine tools market.

Global Machine Tools Market: Competitive Analysis

The global machine tools market is moderately fragmented in nature. Presence of many players in this market connotes that the competitive landscape is highly intense. Vendors working in the machine tools market are using diverse strategies to maintain their prominent position. Many enterprises are focused on research and development activities. They are growing investment to produce and launch innovative products. This move is allowing them to gain the leading position in the global machine tools market.

For Right Perspective & Competitive Insights on Machine Tools Market, Request for a Sample

The list of key players in the global machine tools market includes:

• DMG MORI CO., LTD
• Amada Holdings Co., Ltd
• AIDA ENGINEERING, LTD.
• Schuler Group
• JTEKT Corporation
• Okuma Corporation
• Makino Milling Machine Co., Ltd
• Hyundai Wia Corporation
• Komatsu Limited

Global Machine Tools Market: Regional Assessment

The global machine tools market is spread across six key regions, namely, North America, Latin America, Europe, South Asia, East Asia, and Middle East and Africa. Of them, East Asia is one of the prominent regions of the market for machine tools. Presence of emerging economies such as China, Indonesia, and India is one of the key factors driving the market growth in East Asia. The machine tools market is expected to gather considerable amount in revenues from this region during forecast period of 2019 to 2028. This growth can be attributed to increased automotive demand and growing industrialization in East Asia.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Read More