Automotive Camera Market Growth Statistics to Make Multi-Billion Dollar Market during 2020-2026

Leading manufacturers of automotive cameras are leveraging the wide angle lenses’ popularity. Several OEMs have been continuously exploring safety solutions having capability to capture driver blind spots. Camera module manufacturers and OEMs are likely to collaborate and increase their investments for developing new technologies pertaining to automotive cameras.

A report recently collated by Transparency Market Research (TMR) has profiled key companies supporting growth of the automotive camera market worldwide. These market players include Media Data Systems Pte Ltd., Robert Bosch GmbH, Delphi Automotive LLP, Valeo Inc., KYOCERA Corporation, Transcend Information Inc., Ficosa International S.A., Continental AG, Qrontech Co. Ltd., Autoliv Inc., and Ambarella.

The report projects the global automotive camera market to exhibit an impressive CAGR through the forecast period (2017-2026). Growing demand for various cameras such as digital camera, infrared camera, and thermal camera in passenger cars and commercial vehicles is expected to pave immense industry potential. Automotive camera sales across the globe are estimated to account for approximately US$ 4,800 Mn revenues by 2026-end.

With slowdown in the global economic growth, several industrial sectors suffered stagnancy and automotive camera industry was no exception. Yet, it still has maintained a relatively optimistic expansion over the recent years. Growth of the global automotive camera market is primarily being fuelled by surging demand for complementary metal-oxide semiconductor image sensors (CMOS image sensors).

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=36611

These sensors deliver an improved experience by providing a broad-angle view of the surroundings. In addition, there has been a tremendous surge in adoption of safety solutions, particularly the driver assistance & safety systems such as lane departure warning system (LDWS), blind spot detection system (BSD), forward collision warning system (FCW), head-up displays, and pedestrian protection. Furthermore, shifting focus of automotive manufacturers toward replacing side-view mirrors with cameras will buoy expansion of the automotive cameras market in the upcoming years.

APEJ and Europe to Remain Most Profitable Markets for Automotive Camera

Asia-Pacific excluding Japan (APEJ) and Europe are anticipated to remain the most profitable markets for automotive camera. The market in North America is projected to register a relatively slower expansion than in APEJ and faster than in Europe through 2026. Revenues from automotive camera sales in North America will also account for a significant market share by 2026-end. In contrast, automotive camera market in Middle East & Africa (MEA) and Latin America will account for the lowest revenue shares of the market throughout the forecast period.

Rear-view enhancement and corner-view cameras are projected to remain dominant among products in the automotive camera market, in terms of revenues. Although revenues from side-view cameras will account for the smallest market share, these cameras are expected to lead the market in terms of sales expansion through 2026, followed by corner-view cameras.

Compact Passenger Cars – Most Lucrative Vehicles in the Market

Compact passenger cars are anticipated to remain the most lucrative among vehicles in the global automotive camera market, followed by mid-sized passenger cars. Light commercials vehicles are also expected to gain ample revenue share of the market by 2026-end. On the other hand, heavy commercial vehicles will continue to account for the smallest revenue share of the market.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/industrial-packaging-market-to-clock-value-us73-25-by-2024-end-with-increasing-international-trade-states-tmr-300789743.html

Automotive cameras will continue to witness the largest application in parking surround view, trailed behind by 360? surround view. In addition, drowsiness and blind spot applications of automotive camera will register the fastest expansion at nearly equal CAGRs through 2026.

On the basis of technology, although stereo cameras will remain preferred among vehicle owners, sales of mono cameras and infrared cameras will reflect relatively higher CAGRs through 2026. Revenues from sales of infrared cameras will remain comparatively larger than those from mono cameras.

Read More

Container Fleet Market Growth Statistics to Make Multi-Billion Dollar Market during 2020-2025

The business landscape of the global container fleet market is characterized by the rivalry between several international and local yet established players, states a research report by Transparency Market Research (TMR). The market demonstrates a moderately consolidated structure with AP Moller – Maersk, CMA CGM, Mediterranean Shipping Co., China Ocean Shipping, Hapag Lloyd, and Evergreen Marine holding more than 58% of the overall market in 2016. The leading players are increasing focusing on mergers, acquisitions, and strategic collaborations to sustain in the highly competitive environment of this market, notes the research study.

As per the research study, the global market for container fleet was worth US$8.8 bn in 2016. Research analyst expect the opportunity in this market to expand at a healthy CAGR of 5.70% during the period from 2017 to 2025 and reach a valuation of US$14.4 bn by the end of the period of the forecast. The demand for dry containers is greater than other types of containers available in this market and the trend is anticipated to continue over the next few years, states the research report.

According to the report, container fleet finds application in the automotive, mining and minerals, oil, gas, and chemicals, food and agriculture, and the retail industries. With a share of more than 20%, the automotive industry surfaced as the leading end user of container fleet across the world. While this industry will continue as the key end user throughout the forecast period, the mining and minerals industry will also report a high demand for container fleet in the years to come.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=20186

In terms of the geography, the report has classified the worldwide container fleet market into Asia Pacific, the Middle East and Africa, Latin America, North America, and Europe. With a share of 35.2%, Asia Pacific dominated the global market in 2016. Displaying a high growth rate, this regional market is anticipated to remain on the top over the next few years. Apart from Asia Pacific, the Middle East and Africa market for container fleet is expected to witness significant growth in the near future, thanks to the expansion in the oil, gas, and chemicals industry in this region.

Rise in Intermodal Transport to Boost Market’s Growth

“The global market for container fleet is expected to gain significantly from the rise in intermodal transport,” says a TMR analyst. The intermodal transportation, which refers to shipping intermodal containers, including large steel containers, offers better efficiency and is capable of carrying a large number of containers on a daily basis. The augmenting demand for intermodal containers has, consequently, reflected on the need for container fleet, resulting in the high growth of this market.

In addition to this, the escalating demand for refrigerated cargo shipping is projected to impact positively on this market in the years to come. However, the easy availability of terminals or ports with container facility may hamper the progress of this market over the forecast period, states the report.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/industrial-packaging-market-to-clock-value-us73-25-by-2024-end-with-increasing-international-trade-states-tmr-300789743.html

The review is based on a report by Transparency Market Research (TMR), titled “Container Fleet Market (Type – Reefer Container, Dry Container, and Tank Container; End User – Automotive, Oil, Gas and Chemicals, Mining and Minerals, Food and Agriculture, and Retail) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

Read More

Mattress Market Augmented Expansion to be Registered until 2027

The demand within the global mattress market is rising on account of advancements in the residential sector. The need for mattresses in households and hotel is indispensable, and this creates a plethora of opportunities for market growth. Furthermore, use of mattresses is not only related to enhancing the comfort levels of people, but also have an aesthetic dimension to it.

As custom-designed beds make their way into the residential sector, the demand within the mattress market is bound to rise. The use of small mattresses for cushioning of sofas, couches, and other furniture is also a key consideration from the perspective of market growth.

Transparency Market Research (TMR) holds that global mattress market would grow at a sturdy CAGR of 7% over the period between 2019 and 2027. The total value of the global mattress market stood at US$ 37 Bn in 2019, and this figure is expected to reach US$68 by 2027. The demand for mattresses in the residential sector has grown at a robust pace.

Request a Sample https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1727

Comfort comes Prior for Consumers

The level of comfort offered by a mattress depends on the type of stuffing used to plump it. The manufacturers are using the best suited materials such as cotton and fur to offer high-quality, comfortable, and durable mattresses. The cumulative demand within the global mattress market is projected to reach new heights in the years to follow. Foam and latex mattresses have especially witnessed a surge in demand in recent times. Moreover, the quest of the market players to offer the most fitting products to the consumers has aided market growth.

The demand within the global mattress market is expected to grow with advancements in several industries including interior planning, designing, and hotel management. The quest of worldwide hospitality chains to offer the highest level of comfort to guests is a key dynamic of market growth. Furthermore, the growing use of social media to write review about stays and experiences at hotels has also put hospitality vendors on their toes.

IKEA Causes Disruption in Global Market

IKEA is a renowned name in the global mattress market, and the company is known for manufacturing comfortable mattresses. The company offers a wide range of king and queen-size mattresses that are designed to ‘serve customer needs.’ The HYLLESTAD spring mattress by IKEA has become a favourite amongst consumers because of the high level of comfort offered by this mattress type.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/industrial-packaging-market-to-clock-value-us73-25-by-2024-end-with-increasing-international-trade-states-tmr-300789743.html

The resilient and comfortable foam of the mattress binds along the contours of the body to offer premium comfort and rest. The growth of IKEA into a mammoth-sized market vendor has aided market growth. Sleepwell has also emerged as a renowned player in the global mattress market, and is rapidly growing into a preferred brand for consumers.

Read More

Cooling Tower Market Augmented Expansion to be Registered until 2027

According to a new market report published by Transparency Market Research on the cooling tower market for the forecast period of 2019-2027, the global cooling tower market is expected to reach ~US$ 5 Bn by 2027, expanding at a CAGR of ~3% from 2019 to 2027. Europe held a prominent share of the global cooling tower market in 2018.

Field-erected cooling towers are large structures made of concrete, FRP (fiber reinforced plastic), wood, etc., meant to withstand weather changes. These towers are generally used in heavy industrial areas where they utilize large volumes of water to perform cooling processes. They are anticipated to hold the largest market share by 2027 under the construction segment. Factory-assembled cooling towers are also known as ‘package’ or ‘modular’ cooling towers, and are made in a factory. They are comparatively smaller in size, energy-efficient, take less space and time to build, and are cost-effective. These are used in small industrial plants.

The North America cooling tower market is anticipated to grow at significant rate during the forecast period. In North America, end-use industries such as the power sector extensively use field-erected, concrete-made cooling towers that can hold large capacities of water. Moreover, the induced draft type is a widely used cooling tower technology in North America. For instance, global cooling tower manufacturer SPX Corporation recommended replacing a 80 horsepower (HP) forced draft cooling tower with a 30 HP induced draft cooling tower, which increased the cooling tower capacity by 5%, and consumed only 38% of energy as compared to a forced draft cooling tower.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2022

The induced draft cooling tower segment holds the largest share of the cooling tower market in North America, and is expected to lead the market during the forecast period. Natural draft cooling towers are the second-most popular type installed in North America. Natural draft cooling towers consume less power than induced draft cooling towers.

Europe is the largest cooling tower market, globally. New cooling tower installations and replacement demands are aiding in the growth of the market in Europe. The power sector in the region, especially gas-fired power plant installations, is fueling the demand for these towers. Evaporative technology is the most common technology used in cooling towers in Europe.

In evaporative technology, there is direct contact of cooling tower water with the air. In October 2016, EUROVENT, an association of cooling tower manufacturers in Europe, released Eurovent 9/12, which is an industry standard for thermal performance efficiency for evaporative cooling towers and other cooling equipment. The evaporative cooling tower segment holds the maximum market share, while dry cooling is the second-most used technology. This method of heat transfer is expected to grow moderately during the forecast period. Hybrid cooling towers are witnessing increase in demand, as they reduce thermal plume and conserve freshwater use in plants.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/industrial-packaging-market-to-clock-value-us73-25-by-2024-end-with-increasing-international-trade-states-tmr-300789743.html

Some of the major players in the global cooling tower market include Baltimore Aircoil Company (BAC), ENEXIO Management GmbH, Hamon & Cie (International) SA, Babcock & Wilcox Enterprises, Inc., SPX Corporation, Bell Cooling Towers Pvt. Ltd, Brentwood Industries, Inc., Paharpur Cooling Towers Ltd, Star Cooling Towers, and Delta Cooling Towers, Inc.    

Read More

Windsurfing Equipment Market 2020-2022 Study & Future Prospects

Windsurfing sustains its position by being rapidly growing water sports all across the globe. With enough factors to fuel the demand, windsurfers from around the globe are transforming natural water bodies into their spot for surface water sporting. Makers of windsurfing equipment keep on developing new boards and sails to enhance the aquadynamic performance of the windsurfers. Weight of the surfer, style of surfing, and various windsurfing types are key criteria contributing in the improvement of equipment, for example, windsurfing sails and windsurfing boards.

Some of the major players operating in the global windsurfing equipment market are S.A, Societe BIC, Ricci International Srl, Kona Windsurfing Ab, TABOU SURFBOARDS, Shriro Holdings Ltd., Point 7 International Ltd., Kai Nalu Incorporated, Mistral International B.V., Drops Boards SAS, and Witchcraft Windsurfing.

According to a recent report by Transparency Market Research (TMR) the global market for windsurfing equipment is estimated to experience robust CAGR within the forecast period from 2017 to 2022. The global market is prognosticated to reach around worth of US$450 Mn in in terms of revenue by the end of forecast period, 2022.

North America to Be Biggest Market in Entire World

In terms of product type, in 2017, the windsurfing equipment market was dominated by coolrider windsurfing boards, and, the demand is expected to surge exponentially higher than other kind of items accessible in the market. Geographically, North America region is likely to continue as the biggest market for windsurfing equipment in the entire world. North America’s windsurfing equipment market is foreseen to reach around worth of US$110 Mn value. The US is the biggest hub for the sports event related to wind surfing, where International Sailing Federation manages the undertakings. Higher cooperation in water sports, for example, windsurfing over the US is estimated to drive the development of windsurfing equipment market in the region.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=29732

An ideal mix of surfing and sailing, windsurfing has risen as a standout amongst the most mainstream and quickly developing water sports on the planet. As windsurfing fans from around the world keep on seeking challenges by free-styling through huge waves, adequate windsurfing equipment turns into the sole methods for their wellbeing. Quickly changing streams of ocean waves additionally support the significance of having fitting windsurfing equipment. From sails and boards, producers of windsurfing equipment keep on remodelling their contributions by testing new plans that enhance the dynamic execution of windsurfers over various conditions. Be that as it may, remarkable attributes of windsurfing equipment, which incorporate long item life cycle, low substitution rate and enhanced strength, are turning into the main source behind the substantial development of global windsurfing equipment market.

Collective Features Of Sailing Surfing To Contribute In Market Development

By consolidating the components of surfing and sailing, windsurfing has picked up way of life as surface water sports where the windsurfer explores through low tides and high tides on an aquadynamic board. With a sail appended to the board, windsurfing boards are fueled by wind blowing over surface of sea. Each of the windsurfing equipment is characterized by the skills of the surfer, conditions, and so on.

The review is based on the findings of a report by Transparency Market Research, titled “Windsurfing Equipment Market (Product Type – Bullitt, Coolrider, Manta, 3S Windsurfing, Rocket, Freetime, Vapor, Pilot, Matrix, Savage; Channel – Sport Stores, Franchised Stores, Speciality Stores, Online Windsurfing; Price Range – Economy, Mid-Range, Premium, Super-Premium) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022.”

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/pacing-industry-4-0-and-demand-for-more-interactive-mobile-apps-to-boost-the-growth-of-global-mobile-application-and-testing-solutions-market-from-2020-to-2030—tmr-301071822.html

Key Takeaways:

• An ideal mix of surfing and sailing, windsurfing has risen as a standout amongst the most mainstream and quickly developing water sports all over the world.
• Remarkable attributes of windsurfing equipment, which incorporate long item life cycle, low substitution rate and enhanced strength, are turning into the main source behind the substantial development of global windsurfing equipment market.

Read More

Cannabis Vaporizers Market Insights and In-Depth Analysis 2020-2030

Transparency Market Research delivers key insights on the global cannabis vaporizers market. In terms of revenue, the global cannabis vaporizers market is estimated to expand at a growth rate of ~17% during the forecasted timeline, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global cannabis vaporizers market report.

In the report, TMR predicts that the global cannabis vaporizers market would be largely driven by factors such as usage of cannabis and cannabis extracts such as cannabis and wax in various parts of the globe. Increase in trend of using vapes is projected to boost demand for cannabis vaporizers in the near future.

According to the cannabis vaporizers market research report, based on type, the market includes portable/handheld, and desktop cannabis vaporizers. Portable or handheld cannabis vaporizers are anticipated to dominate the global cannabis vaporizers market. In terms of ingredients, dry herbs accounted for ~64% market share in the year 2019, as dry herb is cheaper in terms of price as compared to other cannabis extracts. Based on heating method, conduction vaporizers are considered as the preferred choice of consumers in recent years. This segment dominated the market in the year 2019.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=76945

In terms of usage, the use of cannabis vaporizers for recreational purposes accounts for largest market share and is expected to maintain its dominance in the near future due to rapid increase in popularity of cannabis vaporizers, especially among teenagers and youngsters. On the basis of distribution channel, online mode of distribution held over 55% of the market share in terms of value in the year 2019. The online mode of distribution is projected to expand rapidly during the forecast period.

Cannabis Vaporizers Market: Drivers, Opportunities, and Restraints

The major driving factor for the cannabis vaporizers market are legalization of cannabis in several countries and rise in usage of cannabis for medicinal purposes. From 2018 onward, Canada legalized the usage of cannabis for recreational purposes. Uruguay is the second country to legalize usage of cannabis. Rise in advancement in terms of technology and launch of innovative cannabis vaporizers in the market is anticipated to create new business opportunities for manufacturers and distributors of cannabis vaporizers in the near future.

Strict rules and regulations imposed by federal governments of different countries regarding usage of cannabis and cannabis extracts are projected to be a restraint for the cannabis vaporizers market. Cannabis is considered illegal in several countries across the globe which includes Albania, Bahrain, Bahamas, Central African Republic, Indonesia, Hong Kong, and Hungary. Also, many other countries have only legalized the usage of cannabis for medical purposes but not for recreational purposes. These are considered as the restraining factors for the overall growth of the market.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/pacing-industry-4-0-and-demand-for-more-interactive-mobile-apps-to-boost-the-growth-of-global-mobile-application-and-testing-solutions-market-from-2020-to-2030—tmr-301071822.html

Cannabis Vaporizers Market: Prominent Regions

At present, North America dominates the global cannabis vaporizers market followed by Europe. Europe is projected to be an emerging market and anticipated to expand at a significant growth rate during the forecast period. In most European countries, usage of cannabis is considered legal for medical purpose. In the U.K., Germany, Georgia, Ireland, Italy, and the Netherlands, etc. usage of cannabis vaporizers are projected to rise in a significant manner in the near future. Georgia is one of the rare countries in Europe were usage of cannabis is legalized for recreational purposes as well. Several European nations have already implemented the policy of decriminalization and some of the countries are planning to implement in the near future.

In Middle & Africa, demand for cannabis vaporizers is low compared to other regions, since most of the countries, especially GCC countries have strictly prohibited the usage of cannabis, cannabis extracts, and other related products. These factors have impacted the growth of the cannabis vaporizers market in Middle East & Africa.

Read More

Photonic Integrated Circuits (PIC) Market Growing Trend & Future Demand

According to a new research report pertaining to the photonic integrated circuits (PIC) market, published by Transparency Market Research, the global photonic integrated circuits market is expected to reach a value of ~ US$ 3.3 Bn by 2027, expanding at a CAGR of ~ 23% from 2019 to 2027. According to the report, the global PIC market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period.

• In terms of application, the global photonic integrated circuits market has been segmented into optical communication, sensing, optical signal processing, and biophotonics.
• The optical communication segment in the PIC market is anticipated to dominate the market, due to a rise in the demand for optical communication systems that transmit large volume of data at high speed over a long distances.
• Furthermore, the adoption of optical communication systems offers additional advantages over electric communication, such as high bandwidth capability, low latency, and superior flexibility.
• Moreover, sensing applications are also anticipated to play a major role in driving the photonic integrated circuits market in the near future, as photonics offer electromagnetic immunity, metal-free operation, and low-cost integration with electronic devices, as well as high sensitivity in the field of optical sensing.
• The optical communication segment in the PIC market is anticipated to expand at a significant CAGR from 2019 to 2027. The sensing segment in the photonic integrated circuits market is also anticipated to expand at a substantial CAGR during the forecast period.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=997

Increasing Use of Silicon Technology in Photonic Integrated Circuits

• The report on the PIC market offers detailed segmentation of the global photonic integrated circuits market in terms of integration type (monolithic integration, hybrid integration, and module integration), raw material (indium phosphide, gallium arsenide, lithium niobate, silicon, silicon-on-insulator, and others), components (lasers, modulators, detectors, attenuators, multiplexers/de-multiplexers, and optical amplifiers), and application (optical communication, sensing, optical signal processing, and biophotonics). The global photonic integrated circuits market has also been segmented based on region (North America, Europe, Asia Pacific, Middle East and Africa, and South America).
• Among the raw materials, the silicon segment accounted for a substantial share of the global photonic integrated circuits market in 2018, and is anticipated to gain a higher market share during the forecast period, owing to low-cost integration of silicon-based PICs by using silicon-based semiconductor manufacturing techniques.

North America to be a Highly Lucrative Market for PICs

• North America witnesses high investments in optical communication and sensing applications. The optical communication segment is anticipated to dominate the global photonic integrated circuits market throughout the forecast period, owing to the increasing penetration of PICs in long-haul and transport networks across the U.S. and Canada.
• Furthermore, with significant investments in sensing and biophotonics applications in the region, the photonic integrated circuits market in North America is anticipated to expand at a high CAGR during the forecast period.

Read Latest Press Release Here@ https://www.prnewswire.com/news-releases/gesture-recognition-market–developing-touchless–3d-gesture-recognition-technologies-to-accelerate-growth-finds-tmr-300867764.html

• Moreover, the optical signal processing segment is anticipated to gain traction in the PIC market during the forecast period, owing to the increasing demand for higher bandwidth and data transfer rates for optical signal processing networks.

Investments by Key Players to Boost Photonic Integrated Circuits Market

The report provides the profiles of leading players operating in the global photonic integrated circuits market. These include Agilent Technologies, Broadcom, Ciena Corporation, Enablence, Finisar Corporation, Hewlett Packard, Huawei Technologies Co., Ltd., Infinera Corporation, Intel Corporation, Kaiam Corp, Luxtera, MACOM, Mellanox Technologies, NeoPhotonics Corporation, Oclaro, Inc., TE Connectivity, Uniphase Inc., and VLC Photonics S.L.

Read More