Automotive Millimeter Wave Compatible Emblem Market Applications, Drivers, Trends & Forecasts by 2026

The global automotive millimeter wave compatible emblem market was valued at US$ 202.17 Mn in 2017 and is projected to expand at a compounded annual growth rate (CAGR) of over 5.1% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘Automotive Millimeter Wave Compatible Emblem Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’

Growth of the market is primarily attributable to increasing sales of high-end and medium-range vehicles across the globe. Moreover, the shift of frequency range toward 77GHz and advantages associated with this frequency range have increased the use of millimeter wave radar systems in vehicles to further enhance driver safety. Rising use of safety systems in automobiles is expected to propel the global automotive millimeter wave compatible emblem market during the forecast period.

The global automotive millimeter wave compatible emblem market has been segmented based on application and geography. In terms of application, the market has been divided into passenger and commercial. Based on geography, the market has been segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America.

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Passenger Segment Expected to Hold a Major Share during the Forecast Period

Among applications, the passenger segment constituted a dominant market share in 2018. This is attributable to rise in the adoption of advanced driver assistance systems in high-end and medium-range vehicles in order to enhance the driver safety. Also, rising urbanization and raising standards of living of people lead to increase in the adoption of passenger vehicles, owing to the low travelling cost associated with them.  Prominent players operating in the global automobile industry are focusing on the production of a large number of passenger vehicles with advanced systems to improve safety and comfort.

This would increase the deployment of automotive millimeter wave compatible emblems on high-end passenger car brands of Toyota Motor Corp, Skoda Auto, Mazda Motor Corporation, and Buick (General Motor Corp). The passenger segment of the global automotive millimeter wave compatible emblem market is projected to expand at a CAGR of 4.9% from 2018 to 2026. Furthermore, the commercial segment, especially of the market in North America and Europe, is expected to expand significantly during the latter half of the forecast period.

The study provides a decisive view of the global automotive millimeter wave compatible emblem market, by segmenting the market in terms of application and region. Based on application, the market has been segregated into passenger and commercial. The report provides detailed region-wise segmentation of the global automotive millimeter wave compatible emblem market by categorizing it into North America, Europe, Asia Pacific, Middle East & Africa, and South America, thereby providing valuable insights at micro and macro levels.

The report further highlights the competition scenario in the global automotive millimeter wave compatible emblem market, by ranking all major players according to their geographical presence and key recent developments. The insights into the market is a result of TMR’s extensive primary interviews, secondary research, and in-house expert panel reviews. The market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors.

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In terms of country, the North America automotive millimeter wave compatible emblem market has been divided into Canada, the U.S., and Rest of North America. Furthermore, the Europe market has been categorized into the U.K., Germany, and Rest of Europe. The APAC automotive millimeter wave compatible emblem market includes China, Japan, and Rest of Asia Pacific. Middle East & Africa covers Turkey, South Africa, and Rest of Middle East & Africa.

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Light Sensor Market Top Manufacturers, Current Trends, Forecast 2027

According to a new market research report pertaining to the light sensor market, published by Transparency Market Research the global light sensor market is expected to reach value of US$ 2,435.9 Mn by 2027, expanding at a CAGR of 8.2% from 2019 to 2027. According to the report, the market would continue to be influenced by a range of macroeconomic and market-specific factors. In terms of demand, Asia Pacific would continue to lead the global market, with the market in the region expanding at a CAGR of 9.4% from 2019 to 2027. China, India, Japan, and South Korea are anticipated to be major contributors to the light sensor market in Asia Pacific during the forecast period.

Rising adoption of smart home technology driving the global light sensor market

Light sensors convert light input into the corresponding electric output. Light sensors are used in different types of end-use applications such as automatic brightness control in electronic devices, automatic street lighting, signal control system, and smart home devices. Use of light sensors helps in minimizing the power consumption of devices.

The light sensors market is recently gaining traction, due to increasing demand for consumer electronics products such as mobile phones, tablets, smart watches, and televisions worldwide. Moreover, smart home devices are increasingly adopting light sensors. This is likely to fuel the global light sensor market in the next few years. Across the globe, light sensor manufacturers are increasing their investments in the light sensor market in order to meet the increasing demand from various industry verticals such as consumer electronics, smart homes, automotive, health care, agriculture, and transportation.

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Global Light Sensor Market: Scope of Report

The global light sensor market has been broadly segmented in terms of type, application, end-use industry, and geography. Based on type, the global light sensor market has been segmented into photo conductive cells, photo voltaic cells, and photo junction diodes. In terms of revenue, the photo conductive cells segment accounted for a major market share of more than 40% in 2018. The segment is anticipated to expand at a CAGR of 9.0% during the forecast period.

In order to fulfill the global demand, various manufacturers of light sensors are focusing on research and development activities on a regular basis in order to find advanced applications of light sensors. Light sensors are used in different types of power- and energy-saving applications as well as energy conservation solutions. Increasing population and rising demand for smart electronics devices are expected to propel the demand for light sensors during the forecast period. Light sensors are cost effective and easy to operate. They have low maintenance costs.

The study provides a decisive view of the global light sensor market, by segmenting the market, based on type, into photo conductive cells, photo voltaic cells, and photo junction diodes. Based on application, the market has been classified into placement detection, brightness control, security, planning & agriculture, and others. In terms of end-use industry, the global light sensor market has been segregated into consumer electronics, automotive, aerospace & defense, energy & power, healthcare, transportation, and others. The report provides detailed region-wise segmentation of the global light sensor market and categorizes it at various levels, thereby providing valuable insights at micro and macro levels.

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The report highlights the competition scenario in the global light sensor market, by ranking all major players according to their geographical presence and key recent developments. Insights for the light sensor market is a result of TMR’s extensive primary interviews, secondary research, and in-house expert panel reviews. Market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors.

Based on country/sub-region, the North America market has been segmented into the U.S., Canada, and Rest of North America. The Europe market has been categorized into France, Germany, the U.K., and Rest of Europe. At country level, the APAC light sensor market has been segmented into China, Japan, India, South Korea, and Rest of Asia Pacific. Middle East & Africa comprises GCC, South Africa, and Rest of Middle East & Africa.

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Wiring Duct Market Research Findings and Conclusion Forecast 2027

It is expected to witness expansion at a CAGR of 4.6% during the years 2019 and 2027. The market will be effected by a range of macroeconomic factors throughout the forecast period. As per recent report by Transparency Market Research, the global wiring duct market is expected to reach the value of US$524.3 Mn by the year 2027.

With the advancement of technologies, the applications of industrial automation is expanding rapidly. This is resulting in emergence of sophisticated but complicated technologies. This contributes to the increase in complexity during the interconnection of system components between sensors and top-level controllers. Hence, in order to combat the complexity, wire ducts are used to properly route as well as conceal cables and wire bundles in the control panel. Consequently, this will augment the size of the wiring duct market globally during the forecast period.

At the same time, proper disposal of ducts and recycling is a major challenge interfering with the expansion of the wiring duct market. Polyvinyl chloride cable is the commonly used duct material. It is also used for jacketing or insulating metal wires. The chemical is neither bio-degradable nor eco-friendly. Also, burning of PVC releases dioxins, which is highly toxic. The toxic byproduct enters into human food chain by contaminating water and land.

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Wide Range of Industrial Application Bolster Revenue Generation

On the basis of application, the commercial segment is expected to majorly contribute in the expansion of global wiring duct market in the given forecast period. There is a high demand for cabling and wiring ducts in the telecom industry, network cabling systems, retail complexes, and hospitals for organization of bundles of cables and separate them in an electric enclosure. At present, numbers of telecom industry, IT hubs, and data centers are increasing in huge numbers. This, in result, is expected to augment the production of wiring ducts in the course of the forecast period.

Moreover, industrial application of the wiring duct has come as another driving factor in the wiring duct market. Demand of wiring ducts in oil and gas industries, grain elevators, and chemical plants is expected to boost the global duct market in the course of the forecast period.

The report also highlights the competition scenario of the global wiring duct market, thereby ranking all major market players according to their geographical presence and key developments. Insights for the global market is a result of extensive primary interviews, secondary research, and in-house expert panel reviews. The market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors.

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In terms of country, the market in North America has been classified into the U.S., Canada, and Rest of North America. The Europe market has been categorized into Germany, France, the U.K., and Rest of Europe. The Asia Pacific market has been segmented into China, Japan, Taiwan, South Korea, and Rest of Asia Pacific. Middle East & Africa covers GCC, South Africa, and Rest of Middle East & Africa. South America comprises Brazil and Rest of South America. This report provides all strategic information required to understand the global wiring duct market along with product and application segments of the market. Additionally, the report provides insights into the market across all regions.

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Military Laser Designator Market Trends and Vendors Analysis after Covid-19 Pandemic (2021–2027)

According to a new market research report published by Transparency Market Research titled ‘Military Laser Designator Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global military laser designator market is projected to expand at a CAGR of 4.3% during the forecast period. According to the report, the global market would continue to be influenced by a range of macroeconomic and market-specific factors, such as increasing complexity of customers, sales, and other operational data of SMEs as well as large enterprises.

Advantages offered by military laser designators and increasing production and usage of lightweight laser designators are expected to boost the global military laser designator market in the next few years.

North America market to witness prominent growth, followed by Europe

In terms of revenue, Europe accounted for a significant share of the global military laser designator market in 2019. The region witnesses presence of a large number of aircraft manufacturers that are incorporating military laser designators in their new fighter jets. Advantages associated with laser designators are increasing their in aircraft and helicopters. Adoption of laser designators is increasing in homeland securities, while military laser designators are increasingly being employed for soldiers and troops. Moreover, increase in spending on research and development activities in aerospace and defense sectors is also expected to propel the market in Europe during the forecast period.

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Secondary research sources that are typically referred to for the study include company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases, market reports, news articles, press releases, and webcasts specific to companies operating in the market.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each segment and sub-segment of the market across regions. Primary interviews are conducted on an ongoing basis with market participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, competition landscape, and market outlook. They help validate and strengthen secondary research findings. They also help develop the analysis team’s expertise and market understanding.

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Global Military Laser Designator Market: Competition Dynamics

UTC Aerospace Systems, Alpha Design Technologies Pvt. Ltd., Northrop Grumman Corporation, Thales Group, L-3 Technologies Inc., Leonardo S.P.A., General Atomics, Elbit Systems Ltd., FLIR Systems Inc. and RPMC Lasers are the top 10 players operating in the global military laser designator market. Details such as financials, SWOT analysis, recent developments, strategies, and headquarters pertaining to these players have been provided in the company profiles section. 

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Body Armor Market Research Report (2021–2027)

According to a new research report published by Transparency Market Research the global body armor market is expected to reach value of more than US$ 3,200 Mn by 2027, expanding at a CAGR of around 4% from 2019 to 2027. According to the report, the global body armor market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, North America is projected to continue to be a prominent region in the global body armor market, with the market in the region expanding at a CAGR of more than 4% between 2019 and 2027.

Global Body Armor Market: Overview

• The global body armor market is expected to be driven by the rising demand for technologically-advanced and light body armors, especially in countries that are consistently modernizing their defense systems.
• Rise in terror threats around the world has also led to the adoption of body armors in the defense forces of several countries, in an attempt to protect their military personnel.

Level IV Segment Prominent in the Global Body Armor Market

• Level-IV body armors provide protection from .30 caliber armor-piercing (AP) bullets (U.S. military designation M2 AP), having nominal mass of 10.8 g (166 gr), impacting at a minimum velocity of 869 m/s (2850 ft./s) or less. They also provide at least single-hit protection from Level I, Level II-A, Level II, and Level III attacks.
• Factors such as the implementation of Soldier Modernization Programs and replacement of obsolete body armors with advanced variants are driving the Level IV segment in the body armor market.

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Composite Ceramics a Highly Lucrative Material Segment of the Global Body Armor Market

• Ceramics used in combination with polyethylene-based materials are capable of offering Level IV protection and repelling armor piercing ammunition.
• The composite ceramics segment held a 47.55% share of the global body armor market, in terms of revenue, in 2018.
• The demand for composite ceramic body armors is expected to remain high throughout the forecast period, as they are extensively used for military purposes.

Defense Segment to Dominate the Global Body Armor Market

• The defense segment accounted for a leading share of the global body armor market in 2018, and it is anticipated to expand at a high CAGR during the forecast period.
• The increasing demand for providing defense suits with enhanced ballistic- and stab-resistance for soldiers is one of the primary factors fueling the defense segment in the body armor market.

North America to be a Highly Lucrative Market for Body Armor

• In terms of geography, the global body armor market has been segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. North America dominated the global market, holding 43.5% of the market share in 2018. The body armor market in the region is expected to expand at a high CAGR during the forecast period.

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• In North America, the U.S. is anticipated to be a major market for body armor. The continuous procurement of latest and highly-advanced body armors by military organizations in the U.S. is likely to drive the body armor market in the country during the forecast period.
• Increasing incidences of handgun crimes are also expected to drive the body armor market in North America.

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Underwater Connectors Market Opportunity Assessments 2021-2027

Transparency Market Research delivers key insights on the global underwater connectors market. In terms of revenue, the global underwater connectors market is estimated to expand at a CAGR of ~ 4% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global underwater connectors market.

Underwater connectors help in joining subsea optical or electric circuits to facilitate smooth underwater communication. The need for underwater connectors has been rising at a rapid pace in the global offshore industry, due to their use across oil & gas, oceanography, ROVs/AUVs, and telecommunication industries. Furthermore, with increasing focus on renewable energy sources, the demand for underwater connectors is gradually increasing in offshore renewable energy fields.

In this market report, TMR proposes that, the ROVs/AUVs and military & defense application segments are estimated to outpace other application segments by 2027. Increasing use of underwater connectors in underwater military and defense vehicles and systems, along with their growing use in remotely operated and autonomous underwater vehicles in and around numerous regions, is the key reason for the rise in the demand for underwater connectors across the globe. Furthermore, increasing worldwide military spending and growing adoption of ROVs led by the increasing demand for offshore energy and the rising number of offshore wells are expected to drive the global underwater connectors market from 2019 to 2027. For instance, AUVs are increasingly being used for deep-water surveys.

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Moreover, a large number of AUVs are being used for sea line inspections, worldwide, and with the growing infrastructure and subsea pipeline networks, the adoption of AUVs is expected to increase. Increasing adoption of AUVs is projected to fuel the demand for underwater connectors during the forecast period. In addition to this, the adoption of underwater connectors in oceanography and telecommunication applications is rising considerably, due to the increasing demand for data, worldwide. This is likely to drive the global underwater connectors market during the forecast period.

However, certain drawbacks of rigid-shell underwater connectors are likely to adversely impact the global underwater connectors market during the forecast period, as rigid-shell connectors can break as a result of variation in the pressure between the inner surface and the outer surface of the shell.

Report authors adopted a unique approach and two-step research methodology to conduct an in-depth analysis of the underwater connectors market and reach conclusions about market size-related information. Industry-validated insights obtained from secondary resources were verified through primary resources to obtain exclusive data on how the underwater connectors market will grow and expand during the forecast period.

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For the primary phase, analysts have conducted interviews and discussions with C-level executives, key opinion leaders, regional officers, product managers, brand managers, and marketing managers of companies in the supply chain of the underwater connectors market. Information gathered through these interviews have contributed to the development of the report.

Secondary resources referred to by the analysts for the report compilation are company annual and financial reports, research publications, white papers and industry association publications. Other resources include National Marine Electronics Association (NMEA), International Marine Electronics Alliance, British Marine Electrical & Electronics Association, and CIRM.

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Aerial Work Platform Market Progresses for Huge Profits by 2026

As per a recent report by Transparency Market Research the global aerial work platform market is expected to grow substantially in the duration of 2018 to 2026. The growth of the market is attributed to the growing demand for aerial surveillance. Based on similar demands the global aerial work platform market is projected to witness a consistent 6.1% CAGR during this duration. Also, with this development, the market is projected to bag US$ 8.7 bn by the end of 2026. The experts at Transparency Market Research states that the market had a global volume of 83,800 units in 2017. This implies that the global aerial work platform market has a huge growth potential for the market players from 2018 to 2026

Growing Number of Manufacturers to Toughen the Competition in the Market

The competition of the global aerial work platform market is getting tougher with every passing day. This is competition is the result of the growing number aerial work platform manufacturers in the market. Every manufacturer is offering technologically advanced platform which can perform efficiently and deliver high valued results. Due to this challenging landscape the entry of new players is getting quite difficult.

To avoid this, the new players are merging and collaborating with established players of global aerial work platform market. These strategies is allowing the new players to have technological edge as they can leverage their and other companies’ resources to develop advanced solutions.

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On the other hand, the established players are acquiring businesses. This allow the players to expand their production capacity along with distribution channel. This offers the players new exposure to the massive customer base. Also the players are also investing research and development which is allowing them bring new products to the market. With all these activities the players can acquire a competitive edge over their rivals and strengthen their grip over the global aerial work platform market.

The report also highlights the competitive landscape of the aerial work platform market, thereby positioning all the major players according to their geographic presence and recent key developments. The comprehensive aerial work platform market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the growth of the aerial work platform market.

Besides, competition matrix and market share analysis has been included under the competitive landscape to understand the top players’ contribution to the aerial work platform market. Each company is studied on the basis of basic information, financial highlights, revenue highlights of regional contribution and segment contribution, and product portfolio. Additionally, the company strategy and recent developments if any are also incorporated under each company profile section.

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The global aerial work platform market report has profiled the top players having a global presence such as Aichi Corporation, Altec Inc., Bronto Skylift, Diversified Technologies., Haulotte Group, JLG Industries, MEC Aerial Work Platforms, Oshkosh Corporation, Palfinger AG,  Skyjack (Linamar Corporation), Tadano Ltd., and Terex Corporation.

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