3D Map System Market Analysis and Forecast (2019-2025) – by Type, Application, and Region

The global 3D map system market for automotive is highly fragmented due to the presence of large number of players, according to Transparency Market Research (TMR). The players in the market are getting into strategic alliance and collaborations with other players in the market that will help them to gain stronger hold in the market. HERE is known as the global leader, which excels in generating 3D and HD maps.

The company has also launched a cloud platform as a service (PaaS) that will help in increasing the logistic capabilities for shipping companies. Some of the other key players in the global 3D map system market for automotive are TomTom International BV, Robert Bosch GmbH, Aptiv, NVIDIA Corporation, DENSO CORPORATION, Elktrobit, Dynamic Map Platform Co., Ltd., Civil Maps, Axestrack, Nippon Seiki Co., Ltd, BAE Systems Plc., Continental AG, and Harman international. Among these global companies, Continental AG and Robert Bosch GmbH are leading the global market by providing advanced technologies in areas of software and hardware.

As per the recent report published by TMR, the global 3D map system market for automotive is expected to attain a valuation of US$ 4 bn during the forecast period starting from 2017 to 2025. The market is projected to expand at a CAGR of 18% during the forecast period.

Based on vehicle type, passenger vehicle segment is expected to lead the market as compared to commercial vehicles. Increasing demand for passenger cars have led this segment to lead the market. On the basis of geography, Europe is leading the 3D map system market by holding high percentage of market share in 2016. North America is expected grow in 3D map system market by expanding at 19% of CAGR during the forecast tenure.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=41408

Increasing Demand for Autonomous Cars to Boost Demand for Market

The 3D map system market is projected to flourish in coming years because of increasing adoption of newer technologies and the capacity of vehicles. These developments are a part of product differentiation by original equipment manufacturer (OEM). Autonomous cars have gained popularity and are being tested for on road performance by various companies.

These autonomous cars are equipped with live HD maps giving constant information about the current traffic conditions, road closure, and weather conditions. Increasing demand for drivers assistance systems that is capable to facilitate the drivers by guiding them through acceleration and decelerating of the vehicles with a better understanding of the surroundings. Therefore, the 3D map system market is projected to rise in sync with the development of drivers assistance system.

High Cost Involved with Autonomous Vehicles May Restrain the Market

Conversely, the 3D map system market is also experiencing certain restraints that may hamper the growth of the market in coming years. High cost related with continuous development in 3D maps systems is one of the significant factors hindering the market growth. Moreover, high additional cost attributed to constant updates to get accurate data could restrain the market to grow at an increasing rate. However, increasing preference towards internet of things and availability of fully automated vehicles will grow the 3D map system market during the forecast period.

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

The information presented in this review is based on a TMR report, titled “3D Map System Market For Automotive (Navigation – In-Dash Navigation, Handheld Navigation; System – Hardware, Software, Services; Sales Channel – OEM, Aftermarket; Vehicle – Passenger Vehicle, Commercial Vehicle) – Global Industry Analysis, Size, Share, Growth, Trends, And Forecast 2017 – 2025.”

Read More

Automotive Braking Component Market Size, Share & Trends Analysis Report 2020-2026

Transparency Market Research has published a new report titled “Automotive Braking Component Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global automotive braking component market is expected to surpass US$ 101 Bn by 2026, expanding at a CAGR of more than 3% during the forecast period.

The global braking component market is projected to be driven by increase in demand for occupant safety. Rise in number of young consumers with preference for high-speed vehicles is boosting the demand for prompt and responsive brakes.

Government emphasis on pedestrian safety and rise in awareness among consumers are propelling the global braking component market. Increase in demand for high-performance vehicles is fuelling the automotive braking component market. Rise in sales of sports utility vehicles in North America and Europe and their usage in off-terrains have driven the demand for robust braking systems.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=45801

Increasing preference of people for quieter and smoother running brakes have fueled the usage of ceramic and organic brake pads. Metal brake pads are cost-effective and conventional; therefore, this segment accounts for a prominent share of the market. Usage of organic and ceramic brake pads permits effective, sudden braking. Ceramic brake pads have fine copper wire mesh, which increase friction and heat conductivity. These brake pads generate less dust particles and have longer shelf-life.

Rise in vehicle production in developing countries such as China, Brazil, Mexico, and India is driving the braking component market. High demand for commercial vehicles due to GDP growth and improvement in infrastructure is driving the demand for braking components. The fixed caliper brake segment is estimated to expand at a considerable pace, due to rise in demand owing to their usage in heavy-duty and high-speed vehicles. Fixed calipers have rigid mounting and hence, they offer efficient braking performance under heavy load and at high speed.

Demand for stainless steel brake lines is anticipated to increase during the forecast period due to high cracking resistance and strong brake lines. Stainless steel brake lines have higher durability and low risk of failure; therefore, stainless steel brake lines are being increasingly utilized in premium and luxury vehicles.

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

Key players operating in the global braking component market include Continental AG, Akebono Brake Industry Co., Ltd., ZF Friedrichshafen AG, Robert Bosch GmbH, WABCO, AISIN SEIKI, Borg Warner, FTE Automotive, Hyundai Mobis, Nissin Kogya Co., Hitachi Ltd., Brakes India, Haldex Group, Federal Mogul LLC., Hella Pagid GmbH, Hutchinson SA, Sumitomo Riko Company Ltd., Nisshinbo Brake Inc., MAT Holdings, TMD Friction Holdings GmbH, ASK Automotive Pvt. Ltd., BNA Automotive India Pvt. Ltd., Meritor, Inc., Mando Corporation, ADVICS CO., LTD., EXEDY Corporation, and Knorr Bremse AG.

Read More

Instrumentation Fittings Market by Product Type, Applications, Company Profile 2020

Although the instrumentation fittings market has been around for quite some time, feeding its stockholders profitably, those players who are catering to the automation demands of the manufacturing and oil and gas industries are gaining an edge over the competition, according to the lead analyst of a recent business intelligence study by Transparency Market Research (TMR).

The TMR report has detected that the vendors landscape of the global instrumentation fittings market is largely consolidated within a small pool of players, such as PARKER HANNIFIN CORP, Circor International, Swagelok Company, AS-Schneider, HAM-LET GROUP, HOKE, ASTEC VALVES & FITTINGS, Bray International, Fujikin of America, Inc., Hy-Lok USA, Inc., World Wide Fittings, Inc., Vesbo Asia Pte Ltd., Allied International S.R.L, and BMT Superlok Asia Pte Ltd.

If the projections of the TMR report are to be believed, the demand in the global instrumentation fittings market will expand at the CAGR of 4.9% during the forecast period of 2017 to 2025. The analysts have evaluated that the global instrumentation fittings market produced opportunities worth US$1,652.2 mn in 2017 and have estimated the valuation of the market to go up to US$2,417.2 mn by the end of 2025. In terms of volume, there was a demand for 123.1 mn units of instrumentation fittings in 2017 and increasing at a CAGR of 3.6% during the said forecast period, the demand volume is anticipated to reach 163.4 mn units.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=39485

Vendors Improving Product Portfolio as per Evolving Requirements

As for the market leaders to maintain their stronghold over the instrumentation fittings market, enhancement of their portfolio with quality products that are cost effective at the same time is expected to be the primary strategy. For instance, HAM-LET Group offers a wide range of let-lock tube fittings with double ferrule, one-lock tube fittings with single ferrule, dielectric fitting, pipe fittings, and flare fittings. On the other hand, PARKER HANNIFIN boasts of its strong and diverse product portfolio including A-lock fittings, CPI fittings, instrument pipe and ISO conversion fittings, phastite, welded fittings, ultraseal fittings, and tube fabricating equipment. All these newly designed products are in accordance to the changing demands of manufacturing industries.

Based on fitting type, the report segments the instrumentation fittings market into tube and pipe. While the tube segment has been further sub-segmented into compression, butt weld, cone and thread, swivel, and push-to-connect, the pipe segment has been further bifurcated into elbow, straight, and tee and cross.

The report gauges the demand for instrumentation fittings that can be expected from the end-use industries of oil and gas, manufacturing, food and beverage, power, and chemicals. Geographically, the analysts highlight North America and Asia Pacific as the two regions that are providing for the maximum demand in the global instrumentation fittings market, and will continue to do so until 2025. However, the demand from Asia Pacific is primed for a stronger CAGR than that of North America.

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

Government Regulations to Ensure Safety at Production Units Driving Demand

Rapid infrastructural development in several emerging economies, stringent government regulations for the manufacturing companies to ensure safety at production facilities, prosperity of the electronics and construction industries, and increased oil and gas exploration activities in quite a few countries are some of the key factors driving the demand in the global instrumentation fittings market. The analysts of the report also expects growing adoption of automation methods for improved efficiency across various consumer product manufacturers to open new opportunities in this market during the forecast period.

Key Takeaways:

• A small pool of players lead at the International level, although domestic players are eating considerable chunk of shares too in the global instrumentation fittings market.
• In terms of volume, the demand for instrumentation fittings to increase at a CAGR of 3.9% during the forecast period of 2017 to 2025.
• North America and Asia Pacific constitute for the maximum portion of the total demand.

Read More

Commercial Charbroilers and Grills Market Report By Types, Applications, Players And Regions 2020

 

• Charbroilers and grills generally produce a gas flame under an electric heating element or lava rocks to create radiant heat. This product is used for cooking and grilling different foods.

Key Drivers of the Global Commercial Charbroilers and Grills Market

• Growing trend of consuming grilled products is a key factor driving the market. Popularity of grilled products has been increasing among the meat consuming population for the last few years. Moreover, preference for vegetarian grilled products is increasing at a higher pace. Some popular vegetarian dishes that have fueled the demand for commercial charbroilers and grills include grilled portobello steaks, veggie burgers, beer-can cabbage, and tacos.
• COVID-19 has hampered sales of commercial charbroilers and grills in 2020. Lockdowns across the globe have prompted people to prefer home cooked products. This is a key factor that is estimated to restrain the market in 2020 and 2021.

Rising Number of Restaurants to Create New Market Opportunities

• Number of food courts and restaurants has been increasing across the globe for the last few years, which is expected to boost the market
• Trend of outdoor open air food courts is also gaining popularity at a rapid pace in developing and developed countries. Consumers prefer to have grilled food parties at open air restaurants. These factors are likely to offer significant opportunity for charbroilers and grills manufacturers.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=80302

Trade Barriers in Many Countries to Restrict Market Growth

• Numerous small-scale manufacturers are facing issues in the purchase of raw materials owing to trade barriers in various regions across the globe. Furthermore, stringent government regulations and volatile trade policies in different countries are also likely to restrain the commercial charbroilers and grills market.

Asia Pacific the Dominant Market for Commercial Charbroilers and Grills

• The commercial charbroilers and grills market in Asia Pacific witnessed expansion at a rapid pace in 2019. Demand for takeaways from restaurants has been increasing considerably in countries across Asia Pacific for the last few years. Several food delivery companies are providing grilled products at the consumer’s door step. This factor is projected to drive the market in the region.
• North America and Europe already have several established manufacturers of commercial charbroilers and grills. These companies are focused on product penetration in small- and medium-sized food courts. Moreover, numerous corporate and IT companies are installing this product at their pantries and canteens. The market in Brazil and South Africa is also likely to witness significant expansion in the near future.

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

Key Players Operating in the Global Commercial Charbroilers and Grills Market

The global commercial charbroilers and grills market is fragmented in nature. Companies are emphasizing on product innovation and development to increase their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to expand globally. Small players are trying to boost sales by improving their domestic market share. Some of the key players operating in the global commercial charbroilers and grills market are listed below:

• Bakers Pride
• Castle Stove
• Garland Group
• ITW Food Equipment Group LLC. (Vulcan)
• MagiKitch’n, Inc.
• S. BLODGETT CORPORATION
• Southbend
• The Montague Company

Read More

Residential Window Cleaning Machines Market to 2030 – Industry Perspective, Comprehensive Analysis, and Forecast

 

• Residential window cleaning machines are used to clean and wash residential windows. The market offers a wide range of window cleaning tool kits and equipment for both exterior and interior window cleaning. These machines are used by homeowners and professional household cleaning service providers. The selection of machine depends on window size, design, and number of panes.

Key Drivers of the Global Residential Window Cleaning Machines Market

• Rising urbanization and increase in number of professional window cleaning services are driving the demand for residential window cleaning machines across different regions. Professional cleaning companies offer a wide range of window cleaning and washing programs for the residential segment. Moreover, these programs are customized to needs of customers and encompasses the use of advanced machines and accessories.
• Modern lifestyles and rising per capita income is estimated to boost the demand for portable robot window cleaners. Consumers are increasingly preferring easy to handle and automatic tools and machines for convenient window cleaning.

Rising Preference for Innovative and Efficient Cleaning Solutions Offers Significant Opportunities

• In modern economies, improved living standard is driving the development of value added products and services. Consumers are willing to invest in innovative window cleaning equipment. Innovation, primarily in improved product performance, is the most important value-addition in the industry. Development of specific cleaning machines that target a particular cleaning problem is the key market trend.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=80356

Robot Window Cleaner Segment held Large Market Share

• Several homeowners and household cleaning service providers prefer robot window cleaners for efficient window cleaning. Robot window cleaners enable easy and effective cleaning of outdoor and indoor windows. Most robot window cleaners work by sticking to windows by motor power suction and using rotating pads to move around. Rising adoption of IoT to design portable robot window cleaners is anticipated to offer substantial market opportunities during the forecast period.

Europe holds Prominent Share of the Global Residential Window Cleaning Machines Market

• Based on geography, the global residential window cleaning machines market can be classified into South America (SA), North America (NA), Europe (EU), Middle East & Africa (MEA), and Asia Pacific (APAC)
• Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. Country-level analysis and forecast of the Europe market covers the residential window cleaning machines market in the U.K., Germany, France, and Rest of Europe. Country-level analysis and forecast of the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast of the residential window cleaning machines market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America residential window cleaning machines market is categorized into Brazil and Rest of South America.
• Improved living standard, high urbanization rate, and rising consumer preference for advanced window cleaning technologies are key market drivers in Europe. The market comprises several well-established companies specializing in the design, manufacture, and distribution of window cleaning machines. France, the U.K., Germany, and Italy are key countries that boost the residential window cleaning machines market in Europe.

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 Players Operating in the Global Market

Key companies operating in the global residential window cleaning machines market are heavily investing in new technologies, product innovation, and online marketing. Additionally, companies are focused on effective business expansion in untapped markets through strategic acquisitions and partnerships. Companies closely monitor worldwide developments in the household cleaning sector to establish business in emerging markets.

Read More

Sanitizing Wipes Market Segmentation And Forecast To 2030

 

• Sanitizing wipes are a hygiene product used on skin and surfaces to reduce 99.99% of bacteria on skin or on surfaces in 30 seconds to 5 minutes. Significant increase in demand for sanitizing wipes across the globe due to the outbreak of COVID-19 is leading to rapid increase in usage of hygiene products such as disinfectants, sanitizers, wipes, and various other hygiene products. Demand is clearly unprecedented, resulting in shortage of sanitizing wipes in countries such as the U.S., U.K., France, and Italy. Manufacturing companies have been working round the clock, getting as many workers on the floor to increase the production of sanitizing wipes.

Outbreak of COVID-9 and spread of life threatening viruses & infections across the globe projected to be a driving factor for the sanitizing wipes market

• Rise in COVID-19 cases across the globe is driving the demand for sanitizing wipes. Increasing awareness and usage of hygiene products is also projected to drive the sanitizing wipes market during the forecasted timeline. Manufacturers in various countries across the globe are active in research & development to produce high quality sanitizing wipes which have a long term impact and offering better hygiene.
• Rapid increase in demand for alcohol-free sanitizing wipes and wipes made from natural fibers such as paper, and wood pulp especially in North America and Europe is projected to propel the sanitizing wipes market during the forecast period.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=80491

Rise in sale of sanitizing wipes and other hygiene products through company-owned websites and e-commerce websites anticipated to create new opportunity for sanitizing wipes manufacturers

• Increase in trend of selling sanitizing wipes and other exclusive range of hygiene products through online modes of distribution, especially on company-owned websites and e-commerce websites such as Amazon, Walmart, and other regional e-commerce sites across the globe is anticipated to create huge opportunities for manufacturers and distributors of sanitizing wipes in the near future. Manufacturers and suppliers also provide discounts and exclusive offers and schemes to drive the sale of sanitizing wipes on e-commerce websites.

North America Considered the Largest Market for Sanitizing Wipes

• Geographically, the global sanitizing wipes market can be divided into five regions: North America, Europe , Asia Pacific, Middle East & Africa, and South America
• North America accounted for major share of the global sanitizing wipes market in 2019. The market in North America is anticipated to grow at a moderate rate during the forecast period due to increase in usage of alcohol free and biodegradable sanitizing wipes in the U.S., Canada, and Mexico, which is projected to increase the sales of sanitizing wipes in the near future.
• The market in Asia Pacific is anticipated to expand at a significant growth rate during the forecast period as the recent outbreak of coronavirus has already increased the demand for sanitizing wipes in China, India, Korea, Japan, Australia, and other Southeast Asian countries. These factors are projected to surge the demand for sanitizing wipes in the Asia Pacific region.

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

Key Players Operating in the Sanitizing Wipes Market

Prominent sanitizing wipes brands or companies are estimated to experience healthy competition during the forecasted timeline. Brands such as Dreumex USA Inc., Purell, Johnson & Johnson Inc., and Medela are producing sanitizing wipes with biodegradable wipe material and planning to launch more innovative sanitizing wipes in the market. Companies are also undertaking mergers & acquisitions or signing agreements with regional distributors and dealers to expand their business in various parts of the globe. Some of the key players operating in the global sanitizing wipes market include:

• Care Touch
• Codi Group
• Dreumex USA Inc.
• GOJO Industries, Inc. (Purell)
• Johnson & Johnson Inc.
• Medela
• Pluswipes
• The Claire Manufacturing Company

Read More

Football Shoes Market to 2030 – Industry Perspective, Comprehensive Analysis, and Forecast

Football shoes are primarily designed to provide comfort while playing football. They are ideal for grass pitches with perfect grip that helps players to maintain posture during game. The modern football shoes do not cover ankles to provide additional comfort, like other sports footwear. Overall appearance of shoes and design is evolved from sneakers and has been modified over decades.

Current football shoes are produced by using synthetic materials or mostly by leather. The leather shoes are more appreciated for its comfort and performance on ground. It has higher potential to absorb water, which results in higher weight. Additionally, due to water weight the shoes often become difficult to maintain and clean. Thus, despite advantages of comfort and performance, the players look for early replacement. All these factors are contributing in demand for shoes made with synthetic material and fuelling the market from past decade.

Global Football Shoes Market – Notable Developments

Some of the dominant players in the football shoes market include Select Sport A/S, Pantofola d’Oro SpA, Diadora Sports S.r.l, ASICS Corporation, Joma Sport SA, Mizuno Corporation, NIKE, Inc., PUMA SE, Adidas AG, and Under Armour, Inc.

The football Shoes market is increasingly becoming competitive owing to increasing number of players. These new players are concentrating on specialty retailers, which are creating hurdles for key players like Nike and Adidas. In order to get on positive side, the key players are looking to offer wide range of products with different designs and shades. Additionally, they are looking to expand their presence globally to reach their audience.

• In November 2020, FOUL GEAR introduced a bizarre football boot-inspired trainer in affordable prices to inspire its use in day-to-day life with casuals. Introduction of such products are likely to fuel the further market growth.

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

Global Football Shoes Market – Drivers and Restraints

The shoes made with synthetic materials offers higher water resistant property, which increases time frame to make shoes slick and stretched especially when exposed with water even for longer time. Additionally, the different designs and shades can be offered in the shoes made with inorganic material as the basic manufacturing material is synthetic and can be made available in desired shades and designs. The factors mentioned have impacted the demand for synthetic football shoes and are estimated to boost the football shoes market growth in coming years as well.

However, the increasing availability of counterfeit football shoes, which are generally produced by local manufacturers, are creating hurdles in the growth of the global football shoes market. Additionally, availability of fake or duplicate products is affecting the distribution channels of key players, and thereby negatively influencing the growth of the market.

Global Football Shoes Market – Regional Outlook

Among the regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, the Europe region is estimated to gain the substantial share in the overall revenue of football shoes market. This growth is majorly attributed to the increase craze for the game in recent years especially among young population. Additionally, increasing inclination toward health and physical activities in the region is contributing to boost demand for sports accessories and especially shoes, which is one of the key factors augmenting growth of the football shoes market. On the other hand, he market in Asia Pacific is estimated to be the most lucrative region and to exhibit the fastest growth rate. This growth is attributed to increasing number of players interested in the game along with number of football league in the region.

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

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

Read More