Air Traffic Control Equipment Market: Consumption, Sales, Production, and Other Forecasts 2020-2027

The rising demand within the global air traffic control equipment market can be attributed to rising air traffic. The need for resilience and seamless control over air traffic control systems has played a vital role in market growth. Specifications and rules stipulated by regulatory bodies has brought air traffic control units under the spotlight of attention. Caution and precision are important watchwords for people working across air traffic control units. Furthermore, the need for continual improvements in air traffic management is also characteristic of these units. Owing to the factors mentioned above, the global air traffic control equipment market is slated to tread along a lucrative growth path in the forthcoming years.

A review added by Transparency Market Research (TMR) on the global air traffic control equipment market uncovers several factors pertaining to market growth. The global air traffic control equipment market can be segmented on the basis of aircraft type and product. Use of air traffic control equipment for managing commercial aircrafts has increased by a dramatic chase. Presence of a large fleet of commercial aircrafts in multiple regions has aided market growth.

Global Air Traffic Control Equipment Market: Notable Developments

• The Federal Aviation Administration (FAA) has stipulated a set of new rules and laws for identification and tracking of drones within the US. The laws are intended towards balancing safety requirements with law-enforcement across the commercial aviation industry. The use of air traffic control equipment would play an integral role in meeting the ambitious plans of the FAA. 
• Canada has lately struck a deal with the US to continue operation of one of its challenger jets, despite unavailability of adequate technology to match new air traffic control equipment. The Royal Canadian Air Force Challenger shall continue to operate in US air space, and this is an important consideration for vendors in the global air traffic control equipment market. 

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Global Air Traffic Control Equipment Market: Growth Drivers

• Increasing Investments in Aviation 

  The global market has earned key revenues from growing investments in the aviation industry. Besides, advancements in data processing and communication technologies has garnered the attention of vendors in the global air traffic control equipment market. Need for safe landing and take-off has led decision-makers in the aviation industry to push ATC units towards continual advancements. Furthermore, presence of multiple aircrafts across aerial trajectory necessitates the use of cutting-edge equipment for air traffic control and management. In this scenario, it is safe to expect that the global air traffic control equipment market would expand by a dramatic chase in the years to follow. 

• Presence of Multiple Aircraft Fleets 

  A wide range of products correspond to air traffic control equipment, and this is an important consideration from the perspective of market growth. Several authorities have enunciated the use of broadcast equipment, law enforcement supplies, and airport surveillance systems in the aviation industry. Furthermore, proper training of workers is a vital feat for air traffic control authorities. Therefore, the total volume of revenues within the global air traffic control equipment market is set to rise by leaps and bounds. The collaboration of ground systems with air traffic control equipment plays an integral role in maintaining proper resilience of fleets. Military aircrafts are required to fly at altitudes different from commercial and private aircrafts. This factor, coupled with the need for managing times of aerial trajectories, has aided market growth.

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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.

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Maritime Security Market : Verified Value and Volume Forecasts up to 2028

The global maritime security market is projected to demonstrate ascending demand graph during the forecast period of 2019 to 2028. Key reason attributed to this growth is increased need for maintaining the marine security. The maritime security system is gaining popularity in various countries owing to its ability to offer advanced technology to spot threats and communicate with officials. Through this system, ports, vessels, and other infrastructure concerned with the shipping business are offered protection from intended damage through sabotage, terrorism, or subversion.

An upcoming research report from TMR on the maritime security market provides in-depth study of key elements supporting or obstructing the market growth. Apart from this, the report aims to covers dependable data on shares, volume, and various business strategies used by vendors working in this market. Thus, the report is a valuable guide of the maritime security market for the forecast period of 2019–2028.

The global maritime security market is segmented on the basis of various key factors such as type, threat and vulnerabilities, end-user, and region.

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Global Maritime Security Market: Growth Dynamics

The global maritime security market is growing on the back of plethora of reasons. A report from the Allianz Global Corporate & Specialty states that around 90% of worldwide trade is carried by international shipping. This factor highlights significance of the international maritime security, thereby fuels the growth of the global maritime security market.

In recent years, there is considerable growth in the marine terrorism-related incidents across the globe. This situation has pushed the military forces to take initiatives and avoid such incidents in future. Deployment of maritime security solutions is one of such initiatives.

Vendors working in the global maritime security market are pouring efforts to advance maritime safety solutions and services. These efforts are helping companies engaged in the shipping and transport business to protect themselves from unethical and illegal acts and threats. As a result, the market for maritime security is witnessing stupendous expansion opportunities.

However, some factors are restraining the growth of the global maritime security market. Ungoverned marine regions and need of uniform standards for maritime safety technologies and solutions are some of the key factors obstructing the market growth.

Global Maritime Security Market: Notable Development and Competitive Analysis

The global maritime security market is moderately fragmented in nature. Presence of considerable number of well-established players shows that the competitive landscape of the market for maritime security is highly intense. Vendors in the market for maritime security are executing numerous tactics to maintain their prominent market position.

Several players are focused on research and development activities to advance their products. A case in point here is recent successful test performed by SAAB Group. The firm stated that it has successfully completed tests on Saab Lightweight Torpedo, which is the firm’s anti-submarine warfare solution. In this work, the firm collaborated with Swedish Armed Forces and Swedish Defence Materiel Administration (FMV). This move indicates that the global maritime security market is expanding at rapid pace.

The list of key players in the global maritime security market includes:

• Thales Group
• SAAB Group
• Elbit Systems Ltd
• Northrop Grumman Corporation
• BAE Systems Inc.

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Global Maritime Security Market: Regional Assessment

The global maritime security market is spread across five key regions, namely, Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Of them, Asia Pacific is one of the lucrative regions of the market for maritime security. One of the key reasons stimulating market growth in this region is increased use of marine route for transportation of goods in the Indian Ocean and the Arabian Sea. Apart from this, growing instances of sea-crimes in the region will boost the market growth in the upcoming period.

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.

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Printed and Flexible Sensors Market: Top Challenges to Face in 2020-2029

The demand within the global printed and flexible sensors market is growing alongside advancements in electronic technologies. Development of compact and durable electronic devices has led to increased usage of printed sensors. These sensors help in manufacturing agile and nimble devices that are easy to use. Moreover, the growing demand for portable devices has also created fresh opportunities for growth within the global printed and flexible sensors market. Over the last decade, electronic equipment and devices have undergone noticeable changes in their design and architecture. This trend has given a thrust to the growth of the global printed and flexible sensors market in recent times.

In this review, Transparency Market Research touches on several points pertaining to the growth of the global printed and flexible sensors market. Availability of high-end sensor printing technologies has helped driving innovation across several industries. Furthermore, use of printed and flexible sensors for industrial agility is an important dynamic of market growth. On the basis of regions, the US has discovered several new applications of printed and flexible sensors in recent times. The next decade would be crucial for new entrants who have joined the race for a large market share within the market.

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Global Printed and Flexible Sensors Market: Notable Developments

The advent of digital growth across key industries has created fresh opportunities for revenue generation within the printed and flexible sensors market.

• The popularity of smart watches, mobile phones, and solar cells offers a plethora of opportunities for growth for the market vendors. Several market players are capitalising on the unmet needs of the electronics industry in order to earn fresh revenues. Furthermore, the need for digital maturity across healthcare, finance, and education sectors has also created a boatload of possibilities for market growth.
• The advent of artificial intelligence, automation, and facial recognition technologies has created ripples across the printed and flexible sensors market. Several providers of flexible sensors popularise touch and facial recognition technologies for the end-users. Moreover, the use of printed and flexible sensors for fostering security and safety across industrial and commercial premises has also aided market growth. The leading providers of printed and flexible sensors have a large playfield of opportunities for growth at their disposal.

Printed and Flexible Sensors Market: Key Players

• Interlink Electronics, Inc.
• Peratech Holdco Limited
• KWJ Engineering
• Synkera Technologies, Inc.

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Global Printed and Flexible Sensors Market: Growth Drivers

• Use of Printed Sensors in Healthcare

The healthcare industry is an important consumer of printed and flexible sensors. The advent of digital technologies, agile procedures, and seamless techniques within healthcare has shifted the focus of manufacturers. These manufacturers now prefer to flexible sensor technologies in place of hardware sensors that occupy a larger space. Furthermore, the healthcare industry has witnessed paced integration of new equipment and devices within its architecture. Most of these devices use printed sensors that are emblazoned the device interface. In this context, it is legit to expect that the global printed and flexible sensors market would grow at a seamless pace in the years to follow. The presence of robust healthcare sector that is open to the idea of inducting new technologies shall drive market demand.

• Use of Printed Sensors for Sustainable Energy Production

Several new systems and technologies have come to the fore of the energy sector. Focus on renewable energy, coupled with the need for environmental sustainability, offers a large playfield of opportunities to innovators and scientists. Several research entities have tasted success in developing agile devices and equipment that can be used in the renewable energy sector. The agility and nimbleness of these devices comes from the use of printed and flexible sensors. Furthermore, several industrial applications also involve the use of flexible sensors. These sensors occupy minimal space and serve greater utility to the end-users.

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Outdoor LED Displays Market: Top Trends to Look for in 2020-2027

Outdoor LED displays are utilized in offering improved view of various events such as exhibitions, sports events, live concerts, and many others. This factor is playing an important role in the increased adoption of LED displays in several countries across the globe for purposes like sports and advertising. This is likely to drive the global outdoor LED displays market over the years of projection.

Outdoor LED displays come with several advanced features, which are likely to escalate the demand for the product. These features are prolonged life, high-energy efficiency, and low operational price. Several LED companies offer end-to-end service to their clients such as displaying on site and installation. Furthermore, increased utilization of these platforms for fostering the promotional behaviors of several corporate brands are likely to trigger development of the global outdoor LED displays market. Video walls and advertising boards are used for such brand promotions.

Type, application, and region are displays market the three key parameters based on which the global outdoor LED displays market has been segmented for a detailed discussion. The sole purpose of such segmentation is to offer a clearer, precise, 360-degree view of the market.

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Global Outdoor LED displays market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global outdoor LED displays market is mentioned below:

• In February 2020, North America-based NEC Display Solutions is a prominent provider of digital signage solutions. The company made an announcement of an update regarding its Q series of dvLED (direct view LED) display lineup. This new display solution comes with an extended lifespan and high quality images. The improvement in the quality of image indicates at higher rate of refresh and more colors that are displayable. This upgradation is likely to increase the market share of the company in near future.

The global outdoor LED display market is highly competitive and driven by latest technologies. Some well-known organizations in the global outdoor LED displays market include the below-mentioned:

• Sony Corporation
• LG Electronics, Inc.
• Data Display Co., Ltd.
• Panasonic Corporation
• Toshiba Corporation
• Buchi Labortechnik AG

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Global Outdoor LED displays market: Key Trends

The global outdoor LED displays market is likely to observe following drivers, opportunities, and restraints over the assessment period, from 2019 to 2027.

Augmented Spend on Promotional Activities to Shape Contours of the Market

Augmented demand for outdoor LED displays for the purpose of broadcasting advertisements and live actions have increased over the years, which is positively affect the global outdoor LED displays market over the years of projection.

In the last couple of years, a rising number of sports and musical events are being aired in open spaces. In addition, development of sports arenas and open air venues is likely to shoot up the demand for the product in near future. A surge in the brand endorsement and promotion activities together with colossal rise in the development of new products is likely to play an important role in the development of the global outdoor LED displays market.

In addition to that, the prominent sports companies in the market are making hefty investments in the promotion of their products through outdoor LED displays. These increased promotional activities are estimated to draw attention of a large number of consumers toward sports products. As such, the demands for outdoor LED displays are expected to rise. In addition, a huge rise in the number of various sports events, such as IPL, FIFA World Cup, UEFA Europa League, Olympics, and many other events are likely open up new avenues of revenue generation for the global outdoor LED displays market in the years to come.

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Micro System-on-Module Market: Deep Company Profiling of Leading Players 2020-2030

 

• A system on module (SOM) or computer on module (COM) is a complete chip on a single printed circuit board, containing elements such as RAM, clock, Ethernet, microprocessor, I/O controllers, and flash memory. It is a subtype of an embedded computer system.
• Micro system-on-module (SOM) is a smaller version of the system- on- module based on Intel’s Braswell architecture, which is built around a carrier board that integrates all the ports together, essential in one small personal computer.
• The size of the micro system-on-module (SOM) ranges from 52.8mm to 40mm. The product serves a broad variety of uses beginning from a calculator to engineering controls to space technology. Presently, above 2 billion micro system-on-modules are mass produced every year.

Micro System-on-Module (SOM) Market: Market Dynamics

• The transformation of industrial automation is possible due to microchips and integrated circuits. Micro system-on-module (SOM) usage provides flexibility to perform hardware and software development activity simultaneously; hence, it is widely preferred by major companies such as Motorola, SUN Microsystems, Xerox, IBM, and DEC in their Blade computers.
• Several other properties such as cost saving, variety in CPU choices, and demand for reduced design by clients are small but effective factors which are propelling the micro system-on-module (SOM) market globally.
• Although demand and need for micro system-on-modules (SOM) in the market is significant, the high development cost of industrial embedded systems hinders the market growth to a certain extent.

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• High demand for computing capabilities has increased the complexity of embedded systems. Manufacturers are designing micro system-on-module that use multiple cycles with more instruction set computing, which further contributes to the overall complexity of embedded systems.

Technological Advancements in Electronic Equipment to Offer Lucrative Opportunities

• Robotics and industrial automation have transformed manufacturing processes with the implementation of complex embedded systems, creating a market for more efficient and powerful SoMs. Industrial technology has progressed and include multiple capabilities such as wireless connectivity, smart sensors, and imaging; this has boosted the demand for advanced and efficient systems and is expected to provide various opportunities during the forecast period.
• Recently, industries are implementing the idea of multicore processor with different, two or more micro system-on-modules. Previously, microcontrollers were commonly used in industrial implanted systems including industrial process control, actuators, robotics, and sensors.
• Therefore, manufacturers are offering single chips with multiple cores to improve applications, escalate reliability, decrease power consumption, and reduce full functioning costs.

Asia Pacific to Lead the Global Market

• In terms of region, the global micro system-on-module market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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• The micro system-on-module market in Asia Pacific is anticipated to expand at the maximum CAGR during the forecast period. This growth can be attributed to increase in the number of semiconductor manufacturers in China and some other Asian countries and rise in development and expenditure on technological advancements in electronic equipment.
• The micro system-on-module market in North America and Europe is likely to witness stagnant growth. The market in Latin America and Middle East & Africa is estimated to show sluggish growth during the forecast period.

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Proximity Switches Market: Growth Opportunities to Tap into in 2020-2027

 

• Proximity switches open or close an electric circuit on contact with an object or coming within the range of an object.
• In manufacturing equipment, robotics, and safety systems, proximity switches are most frequently used.
• These switches can detect presence of objects in their vicinity, without physical contact. They emit an electromagnetic radiation beam for detecting objects, generally in the form of infrared light.
• Proximity switches also detect the reflection in order to determine the location or distance of the object from a switch.
• These switches are used in aerospace & defense, food & beverage, industrial, automotive, consumer electronics and among other end-use industry.

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Rise in Demand of Proximity Switches in Consumer Electronics

• Growth of the consumer electronics industry has made a significant positive impact on the global market for proximity switches. Expanding consumer electronics industry and increasing demand for smartphones are other significant factors driving the global market for proximity switches.
• Smartphones are increasingly using inductive proximity switches in order to improve the overall functional efficiency and comfort for the user.

Increase in use of Proximity Switches in Industrial Process

• Industrial automation has emerged as an attractive sector for investments by organizations across the globe. The rise in automation of complex production systems has increased the demand for components capable of providing critical data related to the production process.
• These sensors facilitate process control in factories by detecting the presence and position of metal objects. Proximity sensors can also help in automating procedures and even repetitive tasks resulting in an efficient production line.
• Furthermore, proximity switches are rarely affected by temperature fluctuations and foreign impurities, such as dirt and water. This factor is also fueling the global market. Increase in the number of vendors that offer industrial automation services and rise in the demand for Industrial Internet of Things (IIoT) are factors driving the demand for inductive proximity switches.
• The ability of proximity switches to work in hazardous conditions such as extreme temperatures and humidity and in chemical processing applications has led to growth of the global proximity switches market.

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Automotive Segment to Offer Lucrative Opportunities

• Based on end-use industry, the global proximity switches market can be segmented into aerospace & defense, food & beverage, industrial, automotive, consumer electronics, and others.
• Availability of touch-free user interface is boosting the adoption of proximity switches in automotive applications such as infotainment systems, 3D gesture, keyless entry systems, and interior lighting controls.
• Proximity switches are used in a parking assistance system to detect presence of objects in the pathway of the reversing vehicle and can ring the alarm to warn the driver. Proximity switches also prevent collision with pedestrians while parking a vehicle. Owing to these benefits, rising popularity of proximity switches in automotive applications is expected to boost the growth of the market during forecast period.

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Electric Wheelchair Market | Size, Share, COVID – 19 Outbreak and Forecast to 2027

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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