Automotive Autonomous Shuttle Market Expected to Witness the Highest Growth 2027

 

• The automotive industry across the globe is moving toward autonomous vehicle technology, where vehicles become driverless. Autonomous shuttles would represent an attractive transportation method that would reduce overcrowding and make it easier to get around. These autonomous shuttles that are expected to be introduced in the near future can be used in college campuses, city centers, around shopping plazas, and for office travel.
• The autonomous shuttle comprises a variety of features that allow for precise location and navigation, including LiDAR, GPS, and radar that provide safety features in the shuttle. The technology allows the automotive shuttle to travel a pre-determined path and safely avoid any obstacles along the way. In 2015, NAVYA mobility launched the first autonomous shuttle in Europe.

Key Drivers of Global Automotive Autonomous Shuttle Market

• Rise in maintenance and infrastructure levels of traditional buses is likely to prompt most people to prefer autonomous vehicles, as they are not likely to require maintenance and fuelling infrastructure, which in turn is estimated to boost the automotive autonomous shuttle market. Majority vehicle manufacturers across the globe are trying to integrate advanced technology including Advance Drive Assist System (ADAS) in their vehicles, which is projected to boost the autonomous shuttle market across the globe.

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• Rise in road safety awareness across the globe is anticipated to drive the automotive autonomous shuttle market, as autonomous shuttles have significantly high number of safety devices integrated in them including air bag, Anti-lock brake system and traction control system. Autonomous shuttles are estimated to require less time to park themselves, which is projected to boost the automotive autonomous shuttle market across the globe.

Europe and North America to hold prominent share of global automotive autonomous shuttle market

• Europe is projected to hold a significant share of the global automotive autonomous shuttle market due to an increase in the demand for autonomous vehicles across the region. Stringent rules and regulations across the region regarding safety features is likely to boost the automotive autonomous shuttle market across the region. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Robert Bosch GmbH, Continental AG and ZF Friedrichshafen, who have major facilities that undertake research and development on advance drive assist system (ADAS) and connected vehicles, which in turn is anticipated to propel the automotive autonomous shuttle market in Europe.
• Followed by Europe, North America is projected to account for a major share of the global automotive autonomous shuttle market due to the presence of developed countries including the U.S. and Canada Who have major research and development facilities . Rising awareness about safety and security of vehicles across North America is projected to boost the automotive autonomous shuttle market across the region.

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Key Players Operating in Global Automotive Autonomous Shuttle Market

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

• EasyMile
• NAVYA
• Aptiv Inc.
• Robert Bosch GmbH
• Continental AG
• ZF Friedrichshafen
• Google
• Visteon

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Automotive Variable Geometry Turbocharger Market Comprehensive Growth 2020-2027

 

• Variable turbocharger is designed to provide higher air-fuel ratio and offer higher peak torque at low engine speed. Increase in stringency of emission standards, globally, has prompted engine manufacturers across the globe to adopt a wide range of turbocharger technologies. Variable turbocharger technologies are extensively utilized in diverse vehicles including off road, highway, and marine internal combustion engine applications.
• The variable turbocharger has movable walls that handle all types of bypass flow of gases from the engine. The variable turbocharger boosts vehicle acceleration and offers better control over the engine pressure difference, which can be used to drive the exhaust gas recirculation (EGR) flow in a diesel engine. In 1953, the first variable turbocharger, developed by Garrett Motion Inc., was introduced on the Honda Legend.

Key Drivers of Automotive Variable Geometry Turbocharger Market

• Increase in demand for gasoline engine vehicles, owing to their lightweight, is estimated to boost the Automotive Variable Geometry Turbocharger market. Most original equipment manufacturers are focused on the development of gasoline turbochargers, as the diesel turbocharger produces hazardous gases. Moreover, various emission rules and regulations enacted by governments across the globe are a key factor that are expected to drive the global Automotive Variable Geometry Turbocharger market.

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• Variable turbochargers are also incorporated in agriculture vehicles and construction equipment. Demand for off road vehicles is increasing, which in turn is projected to boost the Automotive Variable Geometry Turbocharger market. Most construction equipment are fitted with variable turbochargers and subsequently, high demand for construction of equipment across Asia Pacific due to the rapid development of infrastructure is anticipated to propel the automotive variable geometry turbocharger market in Asia Pacific.

Asia Pacific and North America to hold prominent share of Automotive Variable Geometry Turbocharger market

• Asia Pacific is expected to account for a notable share of the global Automotive Variable Geometry Turbocharger market due to an increase in vehicle production across Asia Pacific. Presence of major manufacturing companies in developing countries including South Korea and India is anticipated to boost the automotive variable geometry turbocharger market in Asia Pacific. China sold a significantly high number of vehicles in the last year, and this is expected to increase, which in turn is projected to propel the automotive variable geometry turbocharger market in the country.
• Following Asia Pacific, North America accounted for a notable share of the global automotive variable geometry turbocharger market due to stringent emission rules and regulations. Major manufacturers of turbochargers are based in North America including Honeywell International Inc., which has major research and development facilities and consequently, is projected to fuel the automotive variable geometry turbocharger market in North America. 

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Key Players operating in Automotive Variable Geometry Turbocharger Market

The global automotive variable geometry turbocharger market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global automotive variable geometry turbocharger market are:

• Honeywell International Inc.
• Robert Bosch GmbH
• Continental AG
• Delphi Technologies
• Mahle GmbH
• Cummins Inc.
• Precision Turbo and Engine Inc.

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Automotive Millimeter Wave Radar System Market Expected to Witness the Highest Growth 2027

 

• The automotive millimeter wave radar system employs short wavelength electromagnetic waves to determine the velocity and range of moving objects. The main advantage of an automotive millimeter wave radar system is that it can detect a signal within a short distance.
• The automotive millimeter wave radar system operating between 76 and 81 GHz and has the ability to detect movements that are as small as a millimeter. Texas Instrument Inc. (TI) has developed a special class of millimeter wave technology, known as frequency modulated continuous wave (FMCW). The FMCW radar transmits a frequency signal continuously, which is expected to measure the range as well as velocity of an object.

Key Drivers of Automotive Millimeter Wave Radar System Market

• Increased adoption of wireless technology and mobile connectivity in vehicles in the last few years is projected to fuel the automotive millimeter radar system market. Rise in Demand of advanced technology in vehicle including perimeter monitoring system, lane departure warning system, is estimated to boost the automotive millimeter wave radar system market.

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• Various original equipment manufacturers and Tier-1 suppliers are trying to integrate various technologies, including adaptive cruise control and pedestrian protection system, in vehicles, which in turn is projected to propel the automotive millimeter wave radar system market. Demand for data transfer through various sources including mobile and wireless networks is increasing rapidly, which is estimated to boost the automotive millimeter wave radar system market. 

North America & Europe to hold prominent share of automotive millimeter wave radar system market

• North America is expected to account for a notable share of the global automotive millimeter wave radar system market, as installation of 4G LTE is widespread across the region. Furthermore, majority of research and development activities is concentrated in North America, which in turn is likely to further fuel the automotive millimeter wave radar system market in the region.
• Following North America, Europe is also projected to hold a major share of the global automotive millimeter wave radar system market due to the increase in adoption of various technologies including NXP Semiconductor which is one of the leading company for secure connectivity solution across the Europe. Most Tier-1 suppliers are based in Europe, including Robert Bosch and Continental AG who are working on automotive millimeter wave radar system. This, in turn, is estimated to drive the automotive millimeter wave radar system market in Europe. 

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Key players operating in automotive millimeter wave radar system market

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

• Bridegewave Communications
• E-Band Communications
• Siklu Communication Ltd
• L3 Technologies Inc.
• NEC Corporation
• Smiths Group Plc.
• ELVA-1
• Continental AG
• Robert Bosch GmbH

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Laundromat Machines Market Technological Trends in 2020-2030

 

• A laundromat machine is a type of equipment used in the process of washing and drying of clothes or apparel. A wide range of laundromat machines are available in the market, which includes washer extractors, tumble dryers, dry-cleaning equipment, stain-removing equipment, ironers, and other finishing equipment. Some of the prominent end-users of laundromat machines are textile- or apparel-making companies, coin- or card-operated laundry service providers, hotels, resorts, hospitals, nursing homes, multi-housing facilities, hostels, and senior living communities. In countries such as the U.K., Brazil, and Australia, installation of coin-operated laundromat machines has increased rapidly in recent years and it would continue to increase significantly in the near future.

Rise in standard of living and rapid increase in number of laundromat service providers in developing countries to drive the market

• Rise in the standard of living and rapid increase in the number of laundromat service providers in developing countries are projected to drive the global market for laundromat machines in the near future. Rise in awareness regarding hygiene and cleanliness is also anticipated to create significant opportunities for manufacturers and distributors of laundromat machines during the forecast period. Countries such as China, India, Australia, and Japan have experienced growing urbanization over the last few years. This factor is projected to increase sales of laundromat machines in these countries during the forecast period.

Rapid increase in installation of laundromat machines in hotels, hospitals, and senior living communities to create huge opportunities for manufacturers and distributors of laundromat machines

• Rapid increase in the installation of laundromat machines in hotels, hospitals, resorts, multi-housing facilities, and senior living communities is estimated to create huge opportunities for manufacturers and distributors of laundromat machines during the forecast period. Individuals, especially those living in metropolitan cities of various countries, are availing laundry services in their everyday life. This is anticipated to drive the global laundromat machines market during the forecast period.

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Europe Considered the Leading Market for Laundromat Machines

• Geographically, the global laundromat machines market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
• Europe accounted for major share of the global laundromat machines market in 2019. The market in Europe is anticipated to expand at a moderate rate during the forecast period, due to rising installation of laundromat machines at hotels and multi-housing facilities in countries such as the U.K., Germany, France, and Italy.
• The market in Asia Pacific is anticipated to expand at a significant rate during the forecast period, due to rapid increase in installation of laundromat machines at textile industries and rise in the number of laundry service provides, especially in Tier-1 and Tier-2 cities of developing economies such as China and India. This is projected to fuel the demand for laundromat machines in the Asia Pacific region during the forecast period.

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Key Players Operating in the Global Laundromat Machines Market

Prominent manufacturers of laundromat machines are projected to face healthy competition during the forecast period. Brands such as LG Electronics, Electrolux AB, Whirlpool Corporation, and Alliance Laundry System LLC are making heavy investments in research and development to expand their existing product portfolios and are planning to launch new laundromat machines in the market.

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Glass Vape Cartridge Market to Witness Promising Growth Opportunities During 2020–2027

 

• Currently, vaping is one of the fastest growing trends across the globe. The vaping culture is steadily growing due to its less harmful nature compared to smoking. Vape cartridges are available in materials such as ceramic and glass. Glass vape cartridge is the device filled with cannabis oil and which is battery powered for vaporization. The glass vape cartridge market is segmented on the basis of product type into disposable cartridge, and refillable and reusable cartridge. The cartridges are available in different capacities. Growing usage of vape cartridges as an alternative to tobacco is expected to drive the glass vape cartridge market worldwide.

Growing Usage of Vape Cartridge as an Alternative to Smoking Expected to Fuel the Global Glass Vape Cartridge Market

• Growth of the vaping industry is expected to lead to increased usage of glass vape cartridges. Glass vape cartridge helps to control the dosage of the nicotine, as these vape cartridges have adjustable airflow and power output which changes and controls the vapor volume. Glass vape cartridges are a healthier alternative to smoking. Also, the medicinal usage of cannabis in the medical & pharmaceutical industry is projected to fuel the glass vape cartridge market in the near future. The glass vape cartridge market is likely to expand significantly due to major growth of the vaping industry.

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Rising Availability of Different Flavoring Variants to Drive the Glass Vape Cartridge Market

• Glass vape cartridges are also available  in a pre-loaded form with different flavoring variants of cannabis oil. Consumer shift toward usage of flavoring agents is expected to positively impact the glass vape cartridge market in the coming years. Growing health consciousness among consumers and preference for safe vape products rather than the usage of traditional cigarettes is anticipated to boost the sale of glass vape cartridges in the near future.

Stringent Government Regulations Related to Vaping in Different Countries to Hamper the Global Glass Vape Cartridge Market

• Cannabis oil is majorly used in glass vape cartridges.  Strict government rules and regulations pertaining to consumption of cannabis in different countries is expected to hamper the growth of the glass vape cartridge market. Higher usage of vape cartridges for recreational activities can create hurdles in the market.

North America to Lead the Global Glass Vape Cartridge Market

• In terms of region, the global glass vape cartridge market can be divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa.

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• Europe includes the country-level analysis for U.K., Germany, France, and Rest of Europe. North America includes Canada, the U.S., and Rest of North America. The South America glass vape cartridge market is segmented into Brazil, and Rest of South America. Analysis and forecast of the glass vape cartridge market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Middle East & Africa covers the glass vape cartridge market analysis for GCC countries, South Africa, and Rest of Middle East & Africa.
• The market in North America is likely to witness the maximum demand for glass vape cartridge equipment from 2019 to 2027 followed by Asia Pacific and Europe.
• Leading manufacturers of glass vape cartridge products have extensive distribution networks along with deep product penetration.

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Cold Fogger Market to Record Significant Revenue Growth During the Forecast Period 2020–2027

 

• Cold fogger is a device used to kill insects and get rid of unpleasant and mold odor inside residential or commercial places.
• Cold foggers generally use high air pressure to spray the fogging liquid into small particles
• This product is also used to get rid of insects such as mosquitoes in outdoor applications.

Key Drivers of the Global Cold Fogger Market

• Rising demand for pest management services in urban and rural areas is driving the market growth.
• Insects and pests decrease the agricultural output in farms. Rising awareness among farmers about the positive effect of pest management on soil is driving the market growth.
• Agricultural fogging machines help to decrease the effect of pests on crops which promotes the sale of cold foggers among farmers.
• Governments in developing countries provide guidance about the need to use this product in the agricultural sector. Furthermore, mosquito related problems in countries such as Brazil, Nicaragua, Colombia, Bangladesh, Sri Lanka, Nepal, Thailand, and parts of India is expected to drive the sales of cold foggers.

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Rising Product Demand in Indoor Farming to Create New Opportunities

• Indoor farming is growing significantly to meet the growing demand for fruits and vegetables globally. Cold foggers are used in farming to decrease the effect of insects on crops. This factor is expected to create new opportunity in the market.

Difficulty in Using Cold Foggers in Windy Locations

• The fog generated by a cold fogger can easily move in any direction due to the smaller wind gusts. This makes it difficult to use the product in windy conditions and restricts the market growth in different geographical locations.

Cold Fogger Market in Asia Pacific to Expand Significantly

• North America is a prominent market for cold foggers globally, and the region is estimated to maintain its dominance in the near future. Advancement in the agriculture and livestock sector coupled with growing usage of cold foggers in food processing plants, transportation industry, and pharmaceutical and hospitals sector is likely to create new growth opportunities for cold foggers.
• Usage of the product is comparatively high in developed countries including the U.S., U.K., Germany, and France.
• The market in Asia Pacific is estimated to expand at a rapid pace. Increasing technological advancement in the agricultural sector is driving this market. Moreover, government subsidies and increasing awareness about the product among consumers is expected to propel demand in the next few years.

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Key Players Operating in the Global Market

The global cold fogger market is fragmented in nature. Large number of small and medium players are present in the market. Companies are working on product innovation and development to consolidate their market share. A few of the key players operating in the global cold fogger market are listed below:

Global Cold Fogger Market: Research Scope

• B&G Equipment Company
• Curtis Dyna-Fog, Ltd.
• ESPP
• HSC ULV Fogger and Disinfection Machinery
• IGEBA Gerätebau Gmbh
• Longray Fog

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Traffic Safety Products Market is Expected to Thrive at Impressive CAGR by 2026

 

• Traffic safety products are important for safety of vehicle operators, passengers, and pedestrians as road traffic injuries are the leading cause of death among people aged between 15 and 29 years. Traffic safety products are available in permanent and temporary forms depending on the needs of the workplace and duration of the project.
• Additionally, there are times when workplace safety overlays with road and traffic safety. In order to ensure that workers are able to work safely in high traffic areas, they must have access to high quality and weather resistant traffic safety products.

Key Drivers of the Global Traffic Safety Products Market

• Increasing number of road traffic accidents is one of the prime reasons for the growth of the traffic safety products market. According to World Health Organization, approximately 1.35 million people die each year as a result of road traffic accidents. Such occurrences are more prominent in middle and low income countries where traffic safety regulations are not stringent.
• Additionally, growing urbanization, and increasing government spending for public transportation systems coupled with technological advancement in road safety products are some of the other factors spurring the growth of the traffic safety products market. Manufacturers are continuously focusing on integration of advanced technologies in road safety products in order to decrease road accidents and increase safety of workers and pedestrians etc.
• All the above factors together are anticipated to fuel the growth of the traffic safety products market worldwide.

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Technological Advancement, a Key Business Opportunity for the Traffic Safety Products Market

• Technological improvements in road safety products is anticipated to create new business opportunities for the growth of the traffic safety products market. Shift from incandescent traffic lights to LED lights not only saves energy but they last long. These lights enable the usage of different shapes other than the circular one, for example, square shape, that increases visibility due to larger illuminated areas. Additionally, weather resistant or all weather traffic safety products are other examples of technological innovation that is anticipated to augment the growth of the traffic safety products market.

Lack of Proper Funding, a Key Restraining Factor for the Growth of the Market

• Lack of proper funding is one of the key restraining factors for the growth of the traffic safety products market. Lack of availability of traffic safety products as per regulations and standards hampers the growth of the market.

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Asia Pacific Offers Growth Avenues for the Global Traffic Safety Products Market

• Geographically, the global traffic safety products market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
• Countries in North America and Europe have some of the key companies specialized in traffic safety products.
• Asia Pacific on the other hand is a prominent region owing to the presence of some major manufacturers.
• Other regions such as South America and Middle East & Africa have strong potential growth for the traffic safety products market.

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