Current Sense Resistor Market Key Drivers and Statistics Analysis 2020-2030

 

• A current sense resistor is a device that detects and converts current to an easily measured output voltage, which is proportional to the current through the measured path
• Current sense resistor is similar to a normal resistor but it offers lower resistance rating and high-power rating
• Current sense resistors are cost-effective components that help improve system efficiency and reduce losses due to their high measurement accuracy compared to other technologies
• Current sense resistors are used for protection, control, and monitoring to keep circuits safe during operation in power and instrumentation systems
• Current sense resistors are available in three packaging types that include through-hole, SMD solder, and bolt-on chassis
• Current sense resistors are used in various end-use industries such as automotive, consumer electronics, military, telecommunication, and other industries

Growing Demand for Current Sense Resistors in Consumer Electronics Field

• Current sense resistors are largely used in the consumer electronics field, as they are significantly used in smartphones, computers, and other electronic applications
• Demand for current sense resistors has increased in the consumer electronics field, as they improve system efficiency and reduce losses due to their high measurement accuracy compared to other technologies
• Current sense resistors are significantly used in smartphones and computer applications as they are cost effective and offer accurate measurement of current, which plays an important role in consumer electronic devices.

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• Furthermore, majority of consumer electronic devices are battery powered. A battery management system continuously monitors the current flow through the electrical circuit, and current sense resistors protect electric circuit from overcurrent flow and overvoltage protection during charging
• Demand for current sense resistors in the scientific research field is growing as a result of these factors, which is expected to drive the global current sense resistor market during the forecast period.

North America to Lead the Current Sense Resistor Market

• In terms of region, the global current sense resistor market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
• North America is anticipated to dominate the global current sense resistor market throughout the forecast period, as a large number of manufacturers of current sense resistors operate in the region.

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• Additionally, many well-established players based in North America are focusing on development of new technology in current sense resistors, which is expected to boost the current sense resistor market in the region during the forecast period
• The current sense resistor market in Europe and Asia Pacific is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate pace during the forecast period.

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Thermosiphon System Market Valuable insights Report 2021

 

• Thermosiphon (or thermosyphon) is a method of passive heat exchange, based on natural convection, which circulates a fluid without the necessity of a mechanical pump.
• Thermosiphoning is used for circulation of liquids and volatile gases in heating and cooling applications such as heat pumps, water heaters, boilers, and furnaces. Thermosiphoning also occurs across air temperature gradients such as those utilized in a wood fire chimney or solar chimney.
• This circulation can either be open-loop, as when the substance in a holding tank is passed in one direction via a heated transfer tube mounted at the bottom of the tank to a distribution point—even one mounted above the originating tank—or it can be a vertical closed-loop circuit with return to the original container.
• Its purpose is to simplify the transfer of liquid or gas while avoiding the cost and complexity of a conventional pump.

Key Drivers and Restraints of the Global Thermosiphon System Market

• Some of the factors driving the thermosiphon system market are its simplicity and no moving parts. Moreover, it requires no electricity for operation.
• Thermosiphon systems have very good freeze protection if used with antifreeze and its basic principles can be well understood by conventional plumbing trades. Unlike other heaters these systems have no problems with hard water and can be powered by PV (Photovoltaic).

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• Thermosiphon systems are the simplest reliable freeze protection systems, and fluids are not subject to stagnation temperatures. They are also simple to homebrew, supported and driven by PV (Photovoltaic), that is, through light-electricity.
• Some of the factors that might affect the thermosiphon market are that the freeze protection is typically poor in it and inefficient in cold climates and these problems usually occur in small sized systems.

Factors Driving the Global Thermosiphon System Market

• By eliminating the need for a pump, thermosiphon systems reduce the overall complexity involved in taking advantage of solar power. Thermosiphon systems are thus more reliable and require little maintenance.
• Given that pumps require electricity to operate, their exclusion from thermosiphon systems make such systems significantly efficient to operate. Through simple precautions, thermosiphon heating systems are easily protected against adverse conditions (such as freezing). The HTF used in these systems typically includes a non-toxic antifreeze ingredient that reduces the risk of equipment damage in extremely cold weather.
• Meanwhile, the water tanks of thermosiphon systems are heavily insulated to conserve heat and prevent the potable water supply from freezing. Some homes are big enough to have the water storage tank of the thermosiphon system installed under a roof structure, which could offer another layer of protection. These factors are expected to boost the growth of the thermosiphon market.

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Power Industry Segment to Offer Growth Opportunities

• Based on application, the global thermosiphon system market can be categorized into metallurgical industry, petrochemical, power industry, and textile industry. The market is highly advanced in the power industry sector.
• Despite certain limitations of thermosiphon water heaters, they still present some distinct advantages to homeowners who want a reliable, low-maintenance option of harnessing solar power. When designed and installed properly, they provide a steady supply of hot water at minimal cost and can function for years with virtually no maintenance.

North America to Lead the Global Thermosiphon System Market

• The global thermosiphon system market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is a significant market for thermosiphon systems due to the presence of several key market players.
• Substantial investment in research and development by various end-user segments in the region are anticipated to drive the global thermosiphon system market in North America.

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Glass Insulators Market Trends, Major Players Profile, Size Estimation, COVID-19 Impact and Future Trends By 2030

 

• Glass insulators are manufactured at high temperature by mixing different materials, including lime and quartz powder; it is then suddenly cooled in the mold.
• Glass insulators have high resistance, high compressive strength, do not heat up in sunlight, and moisture easily gets distilled on the surface of the glass insulators.
• The thermal expansion coefficient of glass insulators is small, and its relative deformation is very low due to temperature variation.
• The two different types of glass insulators include standard type and fog type. They are used in various applications such as low voltage lines, high voltage lines, power plants, substations, and at residential, commercial, and industrial sites.

Rise in Demand for Medium Voltage Range

• Medium voltage range is expected to be the fastest growing segment of the glass insulators market during the forecast period. Glass insulators are being deploying across residential and commercial establishments to support medium voltage range. This is likely to boost the glass insulators market during the forecast period.
• Moreover, growing electrical infrastructure across developing nations across the world along with increasing commercialization and urbanization propels the growth of the market.
• The commercial & industrial segment is projected to experience substantial growth rate in the global glass insulators market during the forecast period due to rising demand for glass insulators from these sectors, along with high investment in the electricity sector, growing adoption of smart grid technology, and expansion of power T&D infrastructure.

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• Increasing R&D expenditure toward modernizing grid networks in response to increased electricity demand propels the glass insulators market growth.
• However, increasing grey market products of low quality, and volatility in raw material prices are the major restraints of the global glass insulators market.

Asia Pacific to Lead the Glass Insulators Market

• In terms of region, the global glass insulators market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
• Asia Pacific is anticipated to dominate the global glass insulators market throughout the forecast period, as a large number of manufacturers of glass insulators operate in the region.
• Increase in population, urbanization, and growth of the industrial sector have increased the demand for power in Asian countries such as China, Japan, South Korea, and India. Moreover, an increase in government efforts toward ensuring a clean energy economy and rising investments in power transmission infrastructure propels the growth of the glass insulators market.
• North America holds the second largest share of the glass insulators market due to replacement and refurbishment of existing infrastructure, which is a major requirement in the local power T&D scenario.

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• The glass insulators market in Europe is expected to expand at a substantial rate during the forecast period due to smart grid technologies gaining momentum, particularly among European Union (EU) countries. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate pace during the forecast period.

Key Players Operating in the Global Glass Insulators Market

The global glass insulators market was highly fragmented in 2019. Major players operating in the global market are focusing on technological advancement and expansion to meet the rising demand for glass insulators. Moreover, manufacturers are undertaking mergers and acquisitions for the development of innovative products.

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Superfast Transport System Market 2020 Business Strategy, Key Vendors, Opportunity Assessment and Forecast 2030

 

• Next-generation superfast transport systems are becoming a necessity due to growing size of cities, rise in pollution levels, and increasing trade activities. These high speed mobility solutions enable transportation of people and cargo across long distances in considerably less-time, thus offering higher economic benefits.
• Superfast transport systems are defined by government agencies based on their speed limits. For instance, Washington State Department of Transportation, U.S. defines ground transportation systems with operating speed of more than 402 km/h (250 mph) as ultra-high-speed transportation technologies.

Key Drivers of Superfast Transport System Market

• Rise in urbanization and size of cities has boosted the number of on-road vehicles. These high number of vehicles create traffic congestion, environmental pollution, and also drive the number of accidents. The World Health Organization stated in February 2020 that 1.35 million die every year, globally, in road traffic accidents. These ill-effects of urbanization and high number of on-road vehicles are fueling the demand for high speed, environment-friendly transit solutions. Electric high speed trains working on magnetic levitation technology, hyperloop pods, and other such transportation systems offer a viable solution for the changing mobility needs. In September 2019, Virgin Hyperloop stated in a press release that their hyperloop system is 5 to 10 times more energy-efficient than an airplane and faster than any present mass transportation technology. Thus, expanding cities and a rise in the number of vehicles are boosting the superfast transport system market across the globe.
• Expanding networks of metropolitan regions with shared economies has increased trade activities around the world. In October 2019, the World Trade Organization stated that trade volume is anticipated to accelerate at 2.7% in 2020. Air transportation of freight is fast but expensive; therefore, most cargo is shipped by sea, which takes longer. Superfast transport systems are capable of achieving a combination of speed and cost-efficiency. Thus, expansion of businesses and trade activities is propelling the global superfast transport system market.

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Challenges in Superfast Transport System Market

• Superfast transport systems require high initial cost and dedicated infrastructure. Several of these technologies haven’t reached their maturity phase and are still in the development phase. This makes them vulnerable to accidents, thus threatening the security of passengers. Therefore, concerns related to costs and safety are hampering the superfast transport system market across the globe.

Impact of COVID-19 pandemic on Superfast Transport System Market

• Recent outbreak of COVID-19 pandemic has created a high number of medical emergencies worldwide, thus fueling the demand for rapid transportation of essential medical supplies and patients to avert death risk. Rise in awareness about high speed transportation to supplement healthcare activities is expected to fuel the global superfast transport system market during the forecast period.

Superfast Transport System Market in Asia Pacific to Expand Significantly in Near Future

• The superfast transport system market in Asia Pacific is projected to expand at a rapid pace due to growing investments in high speed transportation technologies by regional governments and market players. For instance, in August 2017, Dirk Ahlborn, CEO of Hyperloop Transportation Technologies, stated in a press release that his company is working on a 200 mile hyperloop project in South Korea. The company is also working on a hyperloop project in Indonesia. Similarly, National High Speed Rail Corporation Limited (NHSRCL) of India initiated a US$ 4.04 billion bullet train project based on the Japan’s E5 Shinkansen technology in 2017.

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• Global companies, such as Hyperloop Transportation Technologies and Virgin Hyperloop, engaged in the development of superfast transportation systems are focused on countries in Asia Pacific to gain monetary benefits from high growth potential offered by the region. New market players including Dinclix GroundWorks Private Limited are emerging in the region. Hence, on-going investments and increasing participation of market players are anticipated to propel the share held by Asia Pacific in the global superfast transport system market during the forecast period.

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Automotive Automatic Pop-up Hood Market Strategy, Key Players Analysis, Future Trends and Outlook 2030

 

• The automotive hood or bonnet is a hinged cover for the engine in a front-engine vehicle. It protects the engine from the environment and provides access for repair and maintenance activities. Automatic pop-up hood systems have been developed to reduce the severity of pedestrian injury for vehicles that have a narrow space between the hood and rigid parts in the engine compartment.
• In an automatic pop-up hood, a network of sensors is used to detect a collision with a pedestrian, which transmits a signal to the actuator. Subsequently, the actuator lifts the rear part of the hood upwards, near the hinges, thus creating a space between the hood and hard engine parts to minimize the impact to the pedestrian. Automatic pop-up hoods have a resettable mechanism, which enables to reset the hood to its normal position.

Key Drivers of Automotive Automatic Pop-up Hood Market

• Increase in number of on-road vehicles and congestion in urban areas has led to a considerable rise in road-traffic accidents globally. The U.S Centers for Disease Control and Prevention stated that in 2017, around 5,977 pedestrians were killed and 137,000 were injured across the U.S. These concerns regarding the severity of a potential pedestrian injury during a collision with a vehicle have led to the adoption of automatic pop-up hoods. Automobile consortiums and associations worldwide are encouraging the integration and development automatic pop-up hood systems. Japan Automobile Manufacturers Association, Inc. recommends automakers in the country to deploy pedestrian safety technologies including automatic pop-up hoods on vehicles. In another instance, Global Human Body Models Consortium (GHBMC), a U.S.-based consortium of automakers and suppliers is assisting companies to develop and deploy automatic pop-up hoods. Thus, an increase in awareness about pedestrian safety is propelling the automotive automatic pop-up hood market across the globe.

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• Automakers are increasingly focusing on vehicle on-road safety to achieve higher rating from transportation regulatory agencies. High safety ratings better places the vehicle model in the market and it is considered a highly important factor by customers when purchasing vehicles. Pedestrian safety technologies including automatic pop-up hoods improve the safety ratings of vehicles. Australian New Car Assessment Program (ANCAP) and European New Car Assessment Programme (Euro NCAP) have included this system in their safety rating requirements. Consequently, numerous automakers, such as Hyundai Motor Company, Ford Motor Company, Honda Motor Company, Ltd., and Toyota Motor Corporation, have incorporated automatic pop-up hoods in their vehicles. Thus, a rise in importance of vehicle safety rating is driving the global automotive automatic pop-up hood market.

Challenges in Automotive Automatic Pop-up Hood Market

• Pop up hoods operated by pyrotechnic actuators heat up excessively and could cause scalding or injury if a person touches the actuator. Furthermore, if the lifter in these actuators gets cut, it causes the inflator to explode and results in a fatal injury. These systems are single use and need to be replaced or refitted after every use. Hence, technological limitations of actuator technology are restraining the global automotive automatic pop-upmarket.

Impact of COVID-19 pandemic on Automotive Automatic Pop-up Hood Market

• The recent pandemic of COVID-19 has disrupted automotive supply chains, thus creating a shortage of raw materials and components. However, demand for automotive automatic pop-up is expected to increase in the near future, as governments are likely to ease restrictions and companies are projected to restart their operations with precautionary measures.

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Europe and North America to hold significant share of automotive automatic pop-up hood market

• Automatic pop-up hoods are more commonly installed in luxury vehicles. American International Automobile Dealers and International Council on Clean Transportation state that sales of luxury vehicles is rising in Europe and North America, which is a key factor boosting the demand for automatic pop-up hoods in these regions.
• Transportation regulatory agencies such as the U.S. National Highway Traffic Safety Administration and the European Union have mandated pedestrian safety technologies in vehicles. These favorable regulatory transformations are further driving the share held by Europe and North America in the global automotive automatic pop-up hood market.

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Automotive Cabin Heaters Market Analysis, Emerging Trends, Opportunity Assessment and Forecast 2030

 

• Automotive cabin heaters are designed to provide warm air inside the vehicle cabin, which offers comfort to passengers. Engine powered vehicles utilize the waste heat from the exhaust gases in order to warm the vehicle cabin. In electric vehicles, waste heat is not available and hence, major vehicle manufacturers are introducing heating technology that converts electrical energy into heat energy. This is likely to boost the automotive cabin heaters market across the globe.

Key Drivers of Automotive Cabin Heaters Market

• Rise in production of vehicles integrated with comfort features across the globe is likely to propel the automotive cabin heaters market. Rise in demand for high level of comfort in vehicle cabin is likely to boost the automotive cabin heaters market. The coronavirus pandemic has prompted major vehicle manufacturers to develop advanced cabin heaters that consist of purification systems to remove virus, bacteria, and dust. This, in turn, is anticipated to boost the automotive cabin heaters market across the globe.
• Variations in weather and rise in consumer preference toward comfort while driving the vehicle are estimated to further propel the automotive cabin heaters market. Rise in demand for vehicle electrification and increase in trend toward lightweight and compact air conditioning system in vehicles is likely to boost the automotive cabin heaters market across the globe.

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Europe & Asia Pacific to hold significant share of global automotive cabin heaters market

• Europe is projected to hold for a significant share of the global automotive cabin heaters market due to a rise in the demand for comfort features in vehicles. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Continental AG, MAHLE GmbH and Denso Corporation who have major facilities that undertake research & development on the cabin cooling and heating system, which is likely to propel the automotive cabin heaters market across Europe.
• Followed by Europe, Asia Pacific is projected to hold a significant share of the global automotive cabin heaters market 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 automotive cabin heaters market across Asia Pacific. Growing pandemic across the region is likely to prompt vehicle manufacturers to integrate high quality cabin heaters in the vehicle, which is likely to boost the automotive cabin heaters market across the globe.

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Key Players Operating in Automotive Cabin Heaters Market

The automotive cabin heaters market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the automotive cabin heaters market are:

• BorgWarner Inc.
• MAHLE GmbH
• Denso Corporation
• Eberspaecher Group
• Webasto Thermo & Comfort
• Gentherm Inc.
• Sanden Corporation
• Valeo SA
• TS Tech Co. Ltd
• Brano Group a.s.
• Fawer Automotive Parts Limited

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Off-Highway Vehicle Telematics Market Analysis, Sales Revenue, Business Growth and Forecast 2030

 

• Off-highway vehicle telematics solutions enable continuous monitoring of the location, status, health, and utilization of equipment through the use of OHV telematics devices that support GPS, cellular, or satellite connectivity for access to real-time equipment data

Key Drivers of Off-Highway Vehicle Telematics Market

• Rise in demand for OHV data analysis, improved productivity and utilization, and reduced operational costs associated with maintenance and repairs are key drivers of the market. These benefits are prompting fleet managers to prefer productivity tools to improve management, which in turn is boosting the off-highway telematics market.
• Regulations in developed regions to equip telematics in off-highway vehicles for better tracking of vehicle emissions, fuel emissions, driver hour regulation, and accident detection are driving the off-highway telematics market. In the U.S., commercial vehicles use electronic logging devices (ELD) or electronic onboard recorders (EOBR) to improve road safety. Compliance for ELDs has been increasing since the mandate was first announced in 2014. This has led to an increase in the demand due to their added benefits over standard ELDs, such as vehicle analytics, accident detection, driver behavior monitoring, and fuel consumption analysis. In the European Union, all business vehicles should obey driver hour regulations and have their vehicles fitted with a tachygraphy if these vehicles weigh more than 3,500 kilograms.
• Popularity of telematics systems is increasing in heavy-duty on and off-highway equipment markets. Major OEMs are currently integrating telematics systems as standard on their vehicles, which is currently being extended to other range models and equipment categories. Expansion of end-use industries, such as construction, mining and agriculture, especially in developing countries is also estimated to further drive the demand for off-road vehicles and consequently, propel the off-highway vehicle telematics market.

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Challenges in Off-Highway Vehicle Telematics Market

• The recent outbreak of COVID-19 pandemic has affected national as well as international automotive supply chains, manufacturing and R&D operations and consequently, hampered the automotive industry. Post first wave of COVID-19 global economies have started opening up automotive manufacturing and supply chain operations. Thus, the COVID impact on the industry have seems to reach a state of normalcy; however, a resurgence in COVID-19 cases in countries across Europe has prompted governments to impose a second round of lockdown restrictions and hence, uncertainty in the automotive industry continues. A gradual recovery in demand of automotive and ancillaries is anticipated in the next few months despite concerns around the risk of a second wave of infection in numerous countries and other geopolitical risks.

Opportunities in Off-Highway Vehicle Telematics Market

• In telematics, several options are available in terms of device type, vehicle class, and asset equipment. Vehicle telematics use locational data and data from other sensors to display information about motor vehicle operation. Some data is based on global navigation satellite systems such as the global positioning system (GPS). Therefore, telematics pricing works with GPS Insight on a per-vehicle or a per-month basis. The per-unit cost correlates to the kind of solution and features client opts for based on his business requirement. Additionally, telematics end-users can opt for other options for a few years and receive most hardware at zero cost with free installation. Therefore, the availability of telematics solutions according to the client’s requirement and budget is likely to fuel the off-highway vehicle telematics market in reaching wide class fleet operators in the next few years.

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Off-Highway Vehicle Telematics Market in Asia Pacific to expand at a notable growth rate

• Penetration of telematics technology in off-highway vehicles in North America is higher as compared to that in other regions. Since 2009, 80% of heavy, off-road pieces of equipment produced in the U.S. have been equipped with equipment monitoring technology and the off-highway vehicle (OHV) telematics. As of March 2017, telematics systems must be installed in all new passenger and light-duty federal vehicle acquisitions as well as in medium-duty vehicles where appropriate. The executive order also requires federal fleets to account for data in a fleet management information system (FMIS), acquire electric vehicles, and plan for fueling infrastructure, all within the context of reducing greenhouse gas emissions per mile. These factors are anticipated to collectively driving the penetration of telematics technology in off-highway vehicles in the region.

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