Friday, 23 October 2020

ECU Market for Autonomous Vehicles: Key Facts and Forecast Predictions Presented Until 2030

 

  • Electronic control unit (ECU) is designed to regulate and carry out the operations of the vehicle’s electronic systems including anti-lock brake system, lane deviation warning system, and fuel injection setup system. The ECU takes inputs from different parts of the vehicle, depending on their function. For instance, the airbags receive inputs from the crash sensor.
  • Introduction of connected vehicles, where the ECU is an integral part, boosts the ECU market for autonomous vehicles. In 1970, the ECU was introduced in the automotive industry, which marked a revolution in the automobile industry.

Key Drivers of ECU Market for Autonomous Vehicles

  • Rise in vehicle production integrated with growing safety standards across the globe is likely to propel the automotive ECU market for autonomous vehicles. Increase in integration of artificial intelligence in vehicles is prompting vehicle manufacturers to develop autonomous vehicles. However, the ECU plays a vital role in the functioning of advanced safety features such as anti-lock braking system, airbags, and the vehicle control system. This is anticipated to boost the ECU market for autonomous vehicles across the globe.
  • Rise in integration of infotainment systems in vehicles is likely to propel the ECU market for autonomous vehicles across the globe. Rise in vehicle electrification across the globe is likely to boost the ECU market for autonomous vehicles across the globe. Increase in adoption of advanced features in vehicles, including traffic control system, lane departure warning system, and blind spot monitoring system, is anticipated to propel the ECU market for autonomous vehicles across the globe.

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Europe & Asia Pacific to hold significant share of global ECU market for autonomous vehicles

  • Europe is projected to account for a major share of the global ECU market for autonomous vehicles due to a rise in the demand for autonomous vehicles. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Robert Bosch GmbH, Denso Corporation, and Continental AG who have major facilities that undertake research & development on the ECU, which is likely to propel the ECU market for autonomous vehicles across the globe.
  • Followed by Europe, Asia Pacific is projected to hold a significant share of the global ECU market for autonomous vehicles due to an increase in sale of vehicles across the region. Presence of major automotive parts manufacturing industries across China, India, and Japan is anticipated to propel the ECU market for autonomous vehicles across Asia Pacific.

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Key Players Operating in ECU Market for Autonomous Vehicles

The ECU market for autonomous vehicles is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the ECU market for autonomous vehicles are:

  • Advics Co.Ltd.
  • Altera Corporation
  • ZF Friedrichshafen
  • Robert Bosch GmbH
  • Denso Corporation
  • Continental AG
  • Valeo
  • Panasonic Corporation
  • Texas Instrument
  • Pioneer Corporation

Public Transportation Service Market Opportunities, Demand and Revenue Forecast

 

  • Public transportation service market comprises companies, establishments, corporations and agencies that primarily provide transportation services and operate in regional and local passenger transportation systems with regular routes and fixed schedules
  • Public transportation has the potential to provide low-cost and safety mobility to citizens in order to facilitate a healthy environment and strong metropolitan areas by reducing traffic congestion and pollution. This, in turn is estimated to drive the market during the forecast period.

Key Drivers of Public Transportation Service Market

  • The rapid rate of economic reforms witnessed globally accompanied by an increase in urbanization is fuelling the global public transportation service market. The global transportation service industry plays a vital role in the global economy, with all types of business sectors reliant on transportation services to distribute their goods and access raw materials. Moreover, the market offers low-cost, affordable, and safe transportation to the population, accessible in rural as well as urban areas. Therefore, consumers are increasingly seeking public transportation services, which in turn propels the market.
  • The players in the transportation market compete in terms of efficiency and reliability, meeting the consumer’s timely pick-up and delivery expectations. The primary concern of companies in the public transportation services is to focus on security, reliability, customer care, and maintaining speed of distribution in order to remain competitive.

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  • Increase in investments by governments toward development of public transport in countries across Asia, Europe as well as the Americans, in order to prevent traffic congestions and curb emissions from private vehicles, is anticipated to boost the global public transportation service market. For instance, the government of Argentina is substantially investing in the development of public bus transport infrastructure. In 2017, The World Bank Board of Directors approved a US$ 45 million loan to support two key infrastructure projects viz., a new bus corridor (Metrobus) in Buenos Aires Province and a transfer center in the south of the City of Buenos Aires.
  • The EU is also working with the Connecting Europe Facility (CEF) for Transport, the funding instrument to enhance the quality of transport infrastructure across Europe. Previously, for the period 2014–2020, the CEF had a total budget of US$ 26.8 billion to support investments toward building new transport infrastructure in Europe or the upgrade of existing one. Such investments are expected to increase the adoption of public transport services globally and consequently, boost the global public transportation service market.

Asia Pacific is anticipated to dominate global public transportation service market

  • In terms of region, the global public transportation service market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Asia Pacific region is expected to hold a major share of the global public transportation service market owing to an increase in production and sale of passenger vehicles across the China, South Korea, and India.
  • Asia Pacific has presence of strong economies including China, Japan, India, and South Korea. Expansion of the e-commerce industry coupled with the presence of well-established supply chain network catering to various industries including automotive, shipbuilding, consumers goods manufacturing, heavy machinery manufacturing is increasing the demand for material handling, cargo transportation and public transportation. This, in turn, is expected to drive public transportation service market in the region.

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  • However, disruptions to the supply chain catering to various industries owing to shutdown of production and manufacturing facilities and raw material shortage caused by the coronavirus pandemic across the world has caused the market for witness a contraction in 2020. The coronavirus pandemic has hampered the public transportation service market across the world. The market is anticipated to recover by increasing production volume of vehicle components as well as vehicle production in 2021. This, in turn, is expected to offer significant opportunities for players in supply chain of the public transportation service market during the forecast period.

Christmas Tree Valves Industry Development Scenario and Forecast

The Christmas tree valves market may observe good growth across the assessment period of 2020-2030 on the back of the rising oil exploration activities around the world. These valves are often used in novel oil and gas wells where the pressure for the natural flow of oil and gas is sufficient. Advancements in automation solutions and remote monitoring are helping the global Christmas tree valves market to gain extra stars of growth.

Christmas tree valves are a structure of valves, spools, gauges, and chokes. These structures or systems look like Christmas trees and hence, they are called Christmas tree valves. They act as a connector between the under-oil well and over-oil well activities. Many times, Christmas tree valves and wellheads are considered the same but the fact is that both are different from each other. Christmas tree valves are available in manual and automatic types. They are used across onshore and offshore applications.

This Christmas tree valves market report provides information to the stakeholder through the R.O.C.K (Regional Prospects. Overview. Competitive Dimensions. Key Trends) mechanism. This mechanism covers all the major prospects that are growth-worthy for the Christmas tree valves market and helps the stakeholder to gain rock-solid insights.

The information included in this report covers a variety of factors analyzed by an expert team of researchers. The report also offers insights into the COVID-19 impact on the Christmas tree valves market and the prominent threats that the Christmas tree valves market may face between 2020 and 2030.

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Christmas Tree Valves Market: Competitive Insights

Numerous players bring immense growth prospects for the Christmas tree valves market. The market is a mix of domestic and international players. These players are involved in stiff competition. The players in the Christmas tree valves market are trying to increase their online presence due to the inclining trend of online sales. The players also invest largely in research and development activities to discover mechanisms and processes that assist in improving the quality of the Christmas tree valves.

Furthermore, the players in the Christmas tree valves market also try to keep the prices of the products low to generate additional revenues and cater to a larger consumer base. Collaborations and partnerships with distributors and vendors help manufacturers to expand their influence over the Christmas tree valves market. Some prominent participants in the Christmas tree valves market are Aker Solutions, National Oilwell Varco, Stream-Flo Industries Ltd, and General Electric.

Christmas Tree Valves Market: Key Trends

The growing investments in the crude oil sector and the increasing number of exploration activities are serving as great growth multipliers for the Christmas tree valves market. However, due to the novel coronavirus outbreak, a short lull has been observed in terms of growth. As the coronavirus-induced lockdown restrictions are being relaxed, the Christmas tree valves market is gaining considerable momentum. Even if the Christmas tree valves market may observe a downfall during the first quarter of 2020, chances of growth are ripe in the near future.

The advantages etched to the Christmas tree valves such as prevention of blockages, controlling the injection of gas on a producing or non-producing well, and others may bring expansive growth opportunities for the Christmas tree valves market.

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Christmas Tree Valves Market: Regional Prospects

Asia Pacific may generate promising growth for the Christmas tree valves market between 2020 and 2030. The increase in production facilities across various countries in the region and the availability of low-cost Christmas tree valves in China may serve as robust pillars of growth for the Christmas tree valves market.

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.

Skin Lightening Products Market Development and Opportunities with Forecast

The global skin lightening products market is set to grow at a notable CAGR over the forecast period of 2020 to 2030, as per Transparency Market Research. Growing preference for fairer skin tones and its strengthening association with confidence and higher ideals is set to add to the market worth over the forecast period. A crop of untapped opportunities will also present itself to players operating in the global skin lightening products market over the stated period.

Global Skin Lightening Products Market: Notable Developments

Product innovation forms a major growth strategy for top players operating in the fragmented vendor landscape of global skin lightening products markets. Other growth measures are also being opted for to ensure a larger market share. Some of the notable developments that were noted in the market in the recent past as a result of these measures are:

2019: South Korean company called Petitcomo introduced sheet masks in the year. The two sheet masks have the purpose of lightening. These are called Aqua Mask White and Ampoule Mask Black Edition. It also has natural ingredients. This shows how significant it is to pick up on emerging trends and capitalize upon them through development of appropriate products, enduring better market share.

Some of the top players in the global skin lightening products market are:

  • L'Oréal S.A.
  • Beiersdorf AG
  • Shiseido Company
  • Himalaya Global Holdings Limited
  • Kanebo Cosmetics Inc.
  • Procter & Gamble Company
  • Unilever PLC
  • Lotus Herbals Private Limited
  • VLCC Health Care Limited
  • Avon Products Inc.

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Global Skin Lightening Products Market: Key Trends and Drivers

  • Demand for lighter and radiant skin is high across the world and particularly in tropical countries where lighter skin is idolized and people are putting in a lot effort to reach the western beauty ideals to look their best. Social media and advertisement are pushing young girls towards this in a major way, contributing to anticipated growth in the global skin lightening products market.
     
  • Increase in disposable income, especially in regions of the developing world, is a notable factor of growth in the global skin lightening products market. Additionally, advancement in technology and increasing research and development are propelling growth in the global skin lightening products market over the forecast period.

Global Skin Lightening Products Market: Regional Analysis

Over the last few years, the Asia Pacific (APAC) region topped the list of lucrative markets across the world with a massive share held by it in 2018. Increase in online channels for distribution of cosmetics products is one of the most notable factors of growth in the regional market. Other prominent ones include wider product availability and international brands entering the strong economies of the region to tap into an impressive potential. Additionally, as consumer in the region witness an increasing disposable income due to robust economic growth. Countries that contribute massively to the massive share of the region are Vietnam, Malaysia, Thailand, Japan, Indonesia, and China.

On the other hand, a strong compound annual growth rate would be charted over the forecast period by the North American region. Various factors that are driving growth in the market are growing preference for products that claim radiance and a notable level of disposable income.  Presence of strong players in the region such as FAIR AND FLAWLESS is also a notable contributor to 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.

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

Medicated Shampoo Market Growth Sales and Revenue Analysis 2030

Increasing problems related to hair, such as itchy scalp, dryness, hair fall, and severe dandruff owing to the presence of environmental pollution and various climate change issues are expected to support growth of the global medicated shampoo market over the period of analysis, from 2020 to 2030. These factors are expected to compel manufacturers of hair care products to develop customized shampoos, which is able to cater to the needs of consumers.

In addition, a rise in the disposable income of the people in developing countries, such as Brazil, India, and China is empowering consumers to spend extra on medicated shampoo items. In the last few years, there has been an increased prevalence of hair-related problems, which has led several brands to come up with advanced product offerings. These factors have played an important role in the growth of the global medicated shampoo market over the tenure of assessment.

Treatment, distribution channel, and region are the three important parameters based on which the global medicated shampoo market has been classified.

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Global Medicated Shampoo Market: Notable Developments

One of the relevant and important developments of the market that gives a quick view of the dynamics pertaining to global medicated shampoo market is mentioned as below:

  • In 2017, Head & Shoulders, an American hair care brand by Proctor & Gamble, introduced a brand new product, Head & Shoulders Men Ultra. This new product assures offering of various hair care functionalities such as hair booster, instant scalp treatment, and optimum control of oil.

Some of the prominent organizations in the global medicated shampoo market comprise the below-mentioned:

  • Sanofi-Aventis Groupe
  • Procter & Gamble
  • Summers Laboratories Inc.
  • Shiseido Company
  • Hain Celestial Group, Inc.
  • Johnson & Johnson

Global Medicated Shampoo market: Key Trends

The global medicated shampoo market is characterized by the presence of the following restraints, drivers, and opportunities.

Increased Prevalence of Hair-related Problems to Drive Demand for Medicated Shampoos

Various factors, such as prolonged exposure to UV rays or sunlight, presence of harmful chemicals in the environment, and unhealthy habits of eating are likely to work in favor of global medicated shampoo market during the period of analysis. Manufacturers are cashing in on these trends and launching various new products with improved functionalities. Medicated shampoos are now increasingly being used in the treatment of various fungal infections of, flaky and itchy scalp, and other such conditions.

People of all age groups, particularly the ones who are concerned about appearance, are getting increasingly attracted to these products to deal with their hair-related problems. In addition, increased awareness about hair-related issues and implications of those problems on one’s personality and appearance are expected to work in favor of the global medicated shampoo market over the timeframe of analysis, from 2020 to 2030. In addition, aggressive marketing strategies of hair care product companies, on both online and offline marketing platforms, are estimated to drive the demand for medicated shampoo products in the near future.

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Global Medicated Shampoo market: Geographical Analysis

North America is forecasted to dominate the landscape of the global medicated shampoo market during the analysis tenure. The growth of the region is ascribed to the presence of several leading players of the market, such as Proctor & Gamble, Coty Inc., and Johnson & Johnson Consumer Companies Inc. In addition, increasing awareness about the various hair-related problems and availability of medicated shampoo products are likely to support growth of the regional market in the years to come.

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.

Automatic Baby Swing Market Opportunities, Demand and Revenue Forecast

 

  • An automatic baby swing is a type of swing that operates through the mode of electricity or motor. Automatic baby swings are an ideal solution for parents to perform their regular household activities with minimal disturbance.
  • An automatic baby swing is more effective than a manual swing as it helps users to adjust the different levels of motion and speed. Pre-installed music and toys are conveniently installed to soothe the baby.
  • Major players across the globe are introducing automatic baby swings with smart designs and unique materials that helps users to support baby weight up to 35 lbs. This is likely to lead to demand for automatic baby swings in the coming years.

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Increasing Purchasing Power of End-users across the Globe

  • Increasing awareness about products and e-commerce channels have influenced end- users to opt for automatic baby swings. Developing countries such as China and India have been fueling the demand for automatic baby swings owing to increasing purchasing power of buyers, changing lifestyle, and rising work pressure, which has resulted in people opting for advanced products. In addition, rapid increase in the number of newborn babies, and suppliers offering their products with attractive discounts is promoting growth of the global automatic baby swing market.

Presence of Alternative Solutions: A Key Restraint

  • Lack of awareness about the usage of the product in underdeveloped countries and preference for traditional baby swings across the globe is likely to remain a major barrier for the growth of the automatic baby swing market. Users still find a traditional baby swing to be convenient, as it is cost effective and satisfactory to use. In addition, the automatic baby swing market has a growth barrier in terms of its limited usage (baby weight ranging from 15 lbs. to 25 lbs).

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Europe a Potential Market for Automatic Baby Swings

  • The global automatic baby swing 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 automatic baby swing market in Europe includes the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific comprises India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes GCC, South Africa, and Rest of Middle East & Africa. The automatic baby swing market in South America has been segmented into Brazil and Rest of South America. 
  • Europe is expected to remain a potential market for automatic baby swings during the forecast period, owing to the implementation of several stringent laws and regulations regarding baby products and essential services in the past few years in the region.

Current status and challenges of Small Domestic Appliances Market

Transparency Market Research delivers key insights on the global small domestic appliances market. In terms of revenue, the global small domestic appliances market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global small domestic appliances market report.

In the report, TMR predicts that the global small domestic appliances market would be largely driven by factors such as growing middle class population, disposable income, and improved products. Rapid industrialization and urbanization have resulted in uplifting various economies around the world. The trend of using multifunctional appliances and replacing traditional appliances is expected to boost the growth of the small domestic appliances market during the forecast period.

According to the small domestic appliances market report, the product type segment includes kitchen appliances (coffee machine, air fryer, juicer, steamers, others), floor care appliances (vacuum cleaners, mops, others), garment care appliances (iron and garment steamer), and other appliances (air purifiers, humidifiers & dehumidifiers, others); the end-use segment comprises residential and commercial (hotels, restaurants, cafes, others); based on distribution channel, the market is divided into online (e-Commerce websites and company-owned websites) and offline (supermarkets/hypermarkets, specialty stores, and others). In terms of product, kitchen appliances account for major share of the small domestic appliances market. Increase in urbanization and growing working population in various countries contributes majorly to the expansion of this segment. Kitchen appliances segment is projected to expand at a significant rate in the near future.

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The capability of small domestic appliances to sync with wireless Bluetooth devices is a new way of starting appliances in the kitchen. Consumers no longer have to wait for long to preheat the oven, thus increasing convenience and saving time. The introduction of advanced controls such as swipe control or touch control is likely to attract more consumers in the small domestic appliances market during the forecast period.

The small domestic appliances market is projected to remain influential in the residential segment at a CAGR of 6% in terms of value. This is due to the rise in the number of residential units and preference of end users for convenience products. This is likely to enhance the demand for small domestic appliances. Continuous rise in the number of households across the globe is likely to promote sales of small domestic appliances in the upcoming years.

Based on distribution channel, the offline segment dominated the small domestic appliances market in 2019, owing to the preference of consumers to experience the quality of the product physically before purchasing. In addition, many consumers who prefer premium appliances aspire to physically visit the store and experience the appliances. However, rapid penetration of Internet services worldwide has resulted in growth of online sales, thus generating opportunity for manufacturers in the small domestic appliances market during the forecast period. All these factors are expected to drive the demand for small domestic appliances during the forecast period.

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Small Domestic Appliances Market: Prominent Regions

Asia Pacific holds major share of the global small domestic appliances market followed by Europe. Key players largely depend on geographical expansion, promotions, and technological advancements to cater to customer demand and gain a competitive edge in the global small domestic appliances market.

Asia Pacific accounted for ~31% share of the global small domestic appliances market in 2019, followed by Europe and North America. It is anticipated to maintain its dominance in the market during the forecast period, due to growth and development in the home care segment, and mass migration of rural citizens to major urban centers, along with the continued development of rural areas.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...