Racing Drones Market Status and Global Business Outlook 2027

Transparency Market Research delivers key insights on the global racing drones market. In terms of revenue, the racing drones market is estimated to expand at a CAGR of ~19% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the racing drones market.

A racing drone is a small quadcopter unmanned aerial vehicle i.e. UAV, which is designed for FPV i.e. (first person view) racing events. Racing drones come in different types, primarily the following: ready-to-fly (RTF), bind-and-fly (BNF), do-it-yourself (DIY), plug-and-play (PNP), and plug–and-fly (PNF) drones.

RTF racing drones are primarily for beginners who want to learn the method to handle racing drones and participate in events. On the other hand, DIY racing drones are designed for experts who want to build their own customized racing drones. A racing drone has multiple components, such as an FPV camera, remote controller, flight controller, video transmitter and receiver, drone frame, battery, propellers, and FPV goggles. A DIY racing drone can be built from these components.

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Racing Drones Market: Dynamics

Popularity of drone racing as a competitive sport is growing all over the world. The sport is being rapidly commercialized by racing organizations, including International Drone Racing Association, Inc. and the U.S. Drone Racing Association.

Ready-to-fly racing drones do not require any additional assembly and they can directly enter any racing event. Multiple types of ready-to-fly racing drones are available in the marketplace, including Walkera Furious 215, ARRIS X-Speed 250B, and Walkera Runner 250 Pro. Use of ready-to-fly racing drones is growing, owing to zero setup cost and no requirement for assembly. Moreover, ready-to-fly racing drones are highly useful for beginners. They can learn to fly racing drones with ease and without any requirement for building their own racing drones. Moreover, ready-to-fly racing drones are inexpensive compared to other types of drones. Increasing use of ready-to-fly racing drones is projected to have a medium impact on the racing drones market from 2019 to 2027, owing to their numerous advantages.

Racing Drones Market: Prominent Regions

Asia Pacific is expected to dominate the racing drones market during the forecast period, owing to early adoption of technologies, presence of a large number of well-established players providing racing drones, and increasing popularity of drone racing across the region, especially in countries such as China, Japan, Australia, India, and South Korea. Furthermore, professional pilots are emerging from Asia Pacific, especially China, which holds a significant share of the market in the region.

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The market in North America is projected to expand at a significant rate during the forecast period, due to growing popularity of FPV drone racing tournaments, such as MultiGP Canada Drone Racing League and the U.S. National Drone Racing Championship, in the region. Popularity of drone racing is high especially among professional racers, as the winning price of these competitions is very high.

Racing Drones Market: Key Players

The global racing drones market witnesses presence of a large number of well-established as well as emerging players. A few of the key players operating in the global racing drones market are YINYAN Model Tech MFT., Tian Yu Hi-tech Co. Ltd, Eachine, and Hubsan. These players strive to gain a competitive edge by developing innovative products that cater to multiple applications. For instance, in 2019, YINYAN Model Tech MFT announced the launch of a new racing drone called ‘Babyhawk R Pro 4’. Size of this drone is small i.e. 4 inches and it can fly at a high speed without creating much noise. The new product would help the company in catering to micro and mini racing drone product segments.

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Strain Gauge Load Cell Market Analysis With Research Report 2020 To 2027

The strain gauge load cell market is likely to witness robust growth as e-commerce and global convergence of commerce leads to considerable growth of shipping and weighing applications. Driven by strong winds in the shipping and transport sector in general, the market is expected to register 4% CAGR growth during 2019-2027. The market will register a total valuation of $1.5 bn in 2027 end.

The strain gauge load cell market is expected to rise considerably amidst growing investments in commerce infrastructure and rising global convergence through e-commerce. The investments in infrastructure are likely to rise up as major economies including the US, China, and India are investing considerable funds to improving infrastructure, both internally and globally. It is estimated that the construction sector will likely double by 2030. Amidst booming infrastructure facilities like ports, railways, airports are expected to receive major funding for boosting global commerce. The rising e-commerce is expected to drive significant growth for the strain gauge load cell market. Ports and docks require heavy use of stain gauge load cells to measure weights and for safety, these sensors are absolutely essential.

Automotive Testing Promises New Avenues for Growth

Strain gauge load cells are capable of noting various types of measurements. These cells convert various forces like torque, compression, tension, and pressure into electrical signals to aid manufacturing. The application is expected to go a step further in the near future in automotive sector. The automotive sector is expected to produce more lightweight vehicles with the use of advanced new materials. The rising concerns about fuel, and emission goals recent passed by the EU are also expected to drive this trend. Moreover, automated driving is expected to fuel considerable demand for next-gen vehicles in the near future. Most major automobile companies have invested heavily in automated driving which in turn rely heavily on a wide range of sensors. The shifting dynamics of weight, growing inclusion of sensors, and rising demand for automobiles will drive major growth for the strain gauge load cell market.

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Rising Innovation in Aerospace to Drive Growth

The Aerospace industry is witnessing an influx of large investments for a wide variety of reasons. These reasons include growing number of defense related innovation, increased investments in space technology, and rising demand for air travel. This is a major opportunity for players in the strain gauge load cell market. The innovation in this market is suited for a wide variety of purposes. These include testing of seat belts, cockpit instruments, and aircraft flaps. Additionally, aircraft operations like flight control systems are also dependent on heavy-use of sensors for a reliable and safe operation.

Analog strain gauge load cells continue to dominate the market, given their cost-effectiveness. Beside the battle of pricing being fought between digital and analog cells, the robust design of analog cells further bolds the line separating them from digital cells. Given the high proclivity of end-use industries for affordability and better designs, analog strain load cells account for a market share of ~ 85 percent. However, accuracy being the key feature of contemporary manufacturing processes, a shift towards digital technology will remain a key highlight of the strain gauge load cell landscape to accentuate automation.

Real-time processing of information is better achieved with digital strain gauge load cells, given their high data sample rates as compared to analog load cells. The use of binary data further ensures the security of digital cells from interference from electromagnetism, radio signals, and temperature. Less susceptibility to signal corruption and faster transmission of data encourages manufacturers to favor the adoption of digital load cells over analog load cells. Currently, digital strain gauge load cells are estimated to record volume sales of ~ 730 thousand units, with a compound annual growth rate of ~ 6 percent during the forecast period.

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The contemporary electronics industry has arrived at a juncture, wherein, grain-sized innovation, in the form of sensors, capacitors, and resistors, adds massive value to conventional devices. Similarly, force-sensing resistor (FRS) technology is the innovation in strain gauge load cells that offers excellent property to alter the resistance based on the force applied to the surface.

Strain gauge load cells developed using FRS technology are gaining traction, as the thin size of electronic components that is less than 0.5 mm remains desirable for the development of testing devices and equipment for the aerospace, defense, and automobile sectors. Besides being compact in nature, these cells come at an affordable price and offer good shock resistance, which have been popularizing the integration of FRS technology for the development of strain gauge load cells.

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Discrete Diodes Market Demand and Growth Analysis 2020 to 2027

Device manufacturers and semiconductor companies are collaboratively focusing on leverage new miniaturization techniques and packaging approaches. The key objective is to improve operating parameters, thus increasing the scope of applications of discrete diodes in end-use industries. Product innovations and improvements relate to advancing operating frequencies and reducing contact resistance. To this end, a few key players have also teamed up in their efforts to meet the emerging demands for various types of diodes in communication and consumer electronics industries, world over. A case in point research on overcoming the frequency limitations of resonant-tunneling diodes (RTDs). Further, strategic acquisitions and partnership will likely shape the competitive landscape of the discrete diodes market in coming years.

Some of the key players who have been at the forefront of these technologies are M/A-Com Technology Solutions, Central Semiconductor Corporation, Microsemi Corp., ON Semiconductor, Vishay Intertechnology, Inc., Diodes Incorporated, Infineon Technologies AG, NXP Semiconductors, and ROHM Semiconductor.

Growing demand for portable communication system in the aerospace and military sector has stirred prospects for diode modulators. The global discrete diodes market is projected to clock a CAGR of 6% during 2019 – 2027, and reach a worth of US$ 6.6 bn by the end of 2027.

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The growing trend of vehicle electrification and electronics miniaturization has been a broad driver for the discrete diodes market. Over the past decade, diodes are increasingly being utilized in traction inverter for improving on-road performance drivetrain. A case in point is the application of such diodes in plug-in hybrid electric cars.

High Voltage Rectification Devices for Smart Homes Bellwether for Growth

The growing case of diodes in high voltage rectification in various power generating applications is bolstering demands in the discrete diodes market. A major shift is witnessed in growing spending of semiconductor companies in advanced driver assistance systems where technology companies are coming new circuit designs. In general, growing application of different types of advanced packaging in diodes in automotive industry has also be favorable to the evolution of the discrete diodes market.

Another trend that has been bellwether for growth in the discrete diodes market is spending on smart homes. Developers are forging out new designs in smart hubs by harnessing new technologies in discrete diodes to reduce power transmission and substantially lowering voltage drop.

New Designs in Consumer Electronics Expand Horizon

A substantial driver for demands is from consumer electronics. Strides have stimulated research into new electronic design, improving the prospects in the discrete diodes market. Device makers, such as smartphones and power generating devices, consider advancements in diodes as imminent in the improving the processing power of the technology. This is widely witnessed in Asia Pacific markets. The regional market is expected to progress at a rapid pace during the forecast period (2019–2027). Both the rising demands in the automotive industry and the sheer pace of electronic manufacturing in recent years are fueling the prospects of the Asia Pacific discrete diodes market.

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The study presented here is based on a report by Transparency Market Research (TMR) titled “Discrete Diodes Market (Product: Power Diodes, Small-signal Diodes, and RF Diodes; and Application: Automotive, Consumer Electronics, Computers, Communications, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027”.

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Vehicle Occupancy Detection System Market Regions, Types, Applications, Drivers, Trends & Forecasts by 2027

Transparency Market Research delivers key insights on the global vehicle occupancy detection system market. In terms of revenue, the global vehicle occupancy detection system market is estimated to expand at a CAGR of ~12% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global vehicle occupancy detection system market.

Vehicle occupancy detection systems are used on HOV/HOT lanes to help roadway agencies keep the roadways safer and improve throughput. They also allow authorities to detect violators. These systems are mounted on the top of HOV lanes with the help of racks at specific distances throughout the HOV lanes or at HOV toll booths. Another form of these systems is mobile vehicle occupancy detection systems, wherein, system components are mounted on a rack arrangement, and the complete arrangement is mounted on a mobile trolley that can be transported from one point to another as per local traffic conditions.

Various countries are considering the implementation of HOV lanes as a more sustainable option, especially to tackle the increasing issue of traffic congestion and encourage ride-sharing and use of public transport. Furthermore, in the long run, this is expected to reduce the overall emission of harmful gases. The global vehicle occupancy detection system market is shifting toward the incorporation of AI into vehicle occupancy detection systems in order to attain advanced features and increase overall system accuracy.

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A vehicle occupancy detection system relies on the video-based detection method. The video-based detection method faces several difficulties in distinguishing between subjects and objects, seated or placed over the seat, due to various factors. This factor is anticipated to hinder the demand for vehicle occupancy detection systems during the forecast period.

Global Vehicle Occupancy Detection System Market: Prominent Regions

North America accounted for a key share of the global vehicle occupancy detection system market in 2018. The region is expected to dominate the global market between 2019 and 2027, owing to the increasing demand for these systems in the region. The U.S. constituted a significant share of the vehicle occupancy detection system market in North America in 2018. The U.S. makes high investments in R&D activities aimed at the innovation of new technologies.

Asia Pacific is anticipated to be a highly lucrative market for vehicle occupancy detection systems throughout the forecast period, owing to the increasing adoption of these systems in developing economies in the region, such as China. The lucrativeness of the vehicle occupancy detection system market in Asia Pacific is anticipated to increase in the next few years, owing to extensive research & development activities by key market players, and various initiatives by governments for the construction of new HOV/HOT lanes in the region.

Europe is likely to emerge as the third-largest market for vehicle occupancy detection systems across the world during the forecast period. The region is anticipated to hold a considerable share of the global vehicle occupancy detection system market during the forecast period. Rising investments in the construction of HOV/HOT lanes are expected to augment the adoption of vehicle occupancy detection systems in Europe in the next few years.

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Global Vehicle Occupancy Detection System Market: Key Players

Key players operating in the global vehicle occupancy detection system market are displaying synergies through close cooperation and collaboration in the areas of sales, marketing, and production. Manufacturers are also expanding through organic methods, such as increasing the production capacity, in order to meet the rising demand for vehicle occupancy detection systems across the globe.

Key players operating in the global vehicle occupancy detection system market are Siemens AG, Indra Sistemas, S.A., NEC Corporation of America, TransCore, LP, Fortran Traffic Systems Limited, Vehicle Occupancy Detection Corporation, Invision AI, Inc., and Conduent Inc.

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Real-time Clock IC Market Set for Rapid Growth and Trend by 2027

Transparency Market Research delivers key insights on the global real-time clock (RTC) IC market. In terms of revenue, the global real-time clock IC 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 real-time clock IC market.

A real-time clock IC is a type of IC that works as a clock in various devices. Real-time clock ICs offer the time in terms of year (including leap year), months, days, hours, minutes, and seconds. These ICs are available in 12-hour and 24-hour time formats, with an AM/PM display. Real-time clock ICs are low-current devices that can sustain for years on a single lithium cell. RTC ICs run on a lithium cell that keeps a track of the time even if it is disconnected from the main power. For example, IC DS1307 by Maxim Integrated offers time in terms of decade (around 17 years). RTC ICs are used in several applications such as wearable devices, computers, IoT (Internet of Things) devices, digital cameras, battery management units, and vehicle dashboards. In the healthcare sector, real-time clock ICs are applied in fitness bands, medicine dispensers, glucometers, and other devices that need to keep a track of time.

In this report, TMR proposes that, real-time clock ICs are estimated to witness technological advancements in the near future. Rising demand for standalone real-time clock ICs for use in low-power IoT devices is the key factor driving the demand for real-time clock ICs across the globe. Also, technological advancements in real-time clock ICs are expected to drive the global real-time clock IC market from 2019 to 2027.

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Over the last few years, the consumer electronics industry in prominent countries of Asia Pacific and North America has witnessed significant demand for real-time clock ICs. Tear-time clock IC market players are introducing advanced ICs that are suitable for use in automotive, healthcare and industrial applications. In addition to this, increasing demand in the healthcare sector for use in patient-monitoring devices and fitness bands is expected to further drive the global real-time clock IC market during the forecast period. However, limitations in terms of accuracy in timekeeping are likely to adversely impact the global real-time clock IC market in the next few years.

Global Real-time Clock IC Market: Prominent Regions

The real-time clock IC market in Asia Pacific is estimated to witness prominent growth in the next few years, as manufacturers in the region offer advanced real-time clock ICs. The RTC IC market in the region is expected to expand significantly during the forecast period, primarily due to the increasing adoption of these ICs in the consumer electronics industry in the region. Real-time clock IC market players in the region are introducing advanced products with added features. The new RV-8063-C7 IC by Golledge Electronics Ltd comes with multiple additional features such as automatic leap year calculation, programmable offset register, and minute and half-minute interrupts.

Key manufacturers operating in the global real-time clock IC market are displaying synergies through collaborations with distributor companies and raw material suppliers for the areas of sales, marketing, and production. Manufacturers of RTC ICs are also expanding through organic methods, such as increase in production capacity, so as to meet the rising demand for real-time clock ICs.

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Global Real-time Clock IC Market: Key Players

Key players operating in the global RTC IC market are Maxim Integrated Products, Inc., Seiko Epson Corp., Integrated Device Technology, Inc., STMicroelectronics International N.V., Microchip Technology Inc., NXP Semiconductors N.V., Diodes Incorporated, Texas Instruments Incorporated, Ricoh Semiconductor, Abracon LLC, ROHM CO., LTD, Cypress Semiconductor Corporation, and ABLIC Inc. 

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Industrial Density and Viscosity Measurement Products Market Outlook – Latest Development & Trends 2027

According to a new market research report published by Transparency Market Research titled ‘Industrial Density and Viscosity Measurement Products Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global industrial density and viscosity measurement products market is projected to expand at a CAGR of 6.1% 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 technological advancements in density and viscosity measuring products, changing adverse and critical atmospheric conditions in liquid-manufacturing plants, and rising need for automated devices in process industries.

Advantages offered by industrial density and viscosity measurement products and increasing production and usage of lightweight laser designators are expected to boost the global industrial density and viscosity measurement products market in the next few years.

The global industrial density and viscosity measurement products market was valued at US$ 996.1 Mn in 2018 and is anticipated to expand at a stable CAGR of 6.1% during the forecast period, according to a new research report published by Transparency Market Research (TMR) titled ‘Industrial Density and Viscosity Measurement Products Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019- 2027.’ Advantages offered by industrial density and viscosity measurement products vary from industry to industry.

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In terms of revenue, Europe accounted for a significant share of the global industrial density and viscosity measurement products market in 2018. Europe witnesses presence of a large number of chemical industries. For over 100 years, Europe has been the world’s leading manufacturer and exporter of chemicals. However, recently, this position is challenged by Asia. According to the latest chemicals trends report published by European Chemical Industry Council (Cefic), production in most chemicals sub-sectors has risen, with paints & coatings and consumer chemicals sub-sectors registering 6% of the growth rate. Demand for specialty chemicals has increased by 2.7% year-on-year.

Advantages associated with industrial density and viscosity measurement products include that they can estimate density as well as viscosity of fluids at real time. This helps in maintaining the end-use fluid quality in industries and considerably reducing related inefficiencies of fluids and liquids through automation of analysis and control. Increasing usage of density meters and viscosity meters in petroleum, chemical, pharmaceutical, and food & beverages industries is also driving the global industrial density and viscosity measurement products market. Players operating in the food & beverages industry are also using these products to deliver high-quality food products to their customers through correct measurement of viscosity and density of consumables.

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Leading players operating in the global industrial density and viscosity measurement products market are Anton Paar GmbH, Emerson Electric Co., Brookfield (Ametek), A&D Company, Yokogawa Electric Co., Mettler Toledo, Toshiba Corporation, Berthold Technologies GmbH & Co. Kg, Hydramotion Ltd., TOKI SANGYO CO.,LTD, Fungilab Inc. USA, BARTEC, proRheo GmbH, Lamy Rheology, Analytical Technology and Control Limited, Marimex, Fuji Ultrasonic Engineering Co., Ltd., Zhongwang Technology Co., LTD., KYOTO ELECTRONICS MANUFACTURING CO., LTD., Lemis Process, PAC L.P., Toshiba, and Rototherm Group.

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Automotive Airbag Market Opportunities and Future Scope Till 2027

Transparency Market Research has published a new report titled, “Global Automotive Airbag Market (Type: Front Airbag, Side Airbag, Knee Airbag, and Curtain Airbag) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.” According to the report, the global automotive airbag market is projected to surpass US$ 63 Bn by 2027, expanding at a CAGR of above 5.22% during the forecast period.

Global Automotive Airbag Market:

• According to the report, the global automotive airbag market is expected to expand steadily at a CAGR of 5.22% owing to rising vehicle sales globally
• Rise in production of vehicle in emerging nations in Asia Pacific and Latin America including India, Brazil, and ASEAN countries is also anticipated to drive the global automotive airbag market

Expansion of Global Automotive Airbag Market

• Growing demand for consumer comfort and safety plays an important role in driving the global automotive airbag market. Moreover, stringent government norms related to the adoption of airbags are anticipated to drive the market significantly.
• New safety directives issued in major markets worldwide, including the United States, Western Europe, India and Japan are further expected to boost the airbag market. Previously, airbags are usually installed in luxury and medium range cars. Though adoption of airbags in entry segment vehicle is likely to enhance the market for automotive airbags.
• In pursuance of increasing demand for airbags, system integrators and automobile manufacturers are heavily investing in R&D for manufacturing of cheaper airbags.

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• Rising number of car crashes and road fatalities is prominently speeding up demand for vehicle safety systems. For instance, number of crashes in 2016 is increased by over 5% as compared to 2015. Enhancing road safety standards, along with supporting regulatory norms are driving the automotive airbag market share over the forecast timeframe.

By airbag type, front airbag segment accounted the largest revenue share in 2018. Automotive front airbag market is growing steadily during the forecast period due to the stringent government regulations in developed regions such as the U.S., and Europe and it is expected that in next few years it will also be mandatory in India, and China. Deployment of airbag in low cost cars and increasing car production are the major factors fuelling the growth in this segment.

Regional Analysis of Global Automotive Airbag Market

In terms of region, the global Automotive Airbag Market has been segregated into North America, Europe, Asia Pacific, and rest of world.

Asia Pacific held the largest market share in 2018 and it is expected to be the fastest growing region with an estimated CAGR of more than 8% between 2019 and 2027. Improving lifestyles, vehicle demand and changing buyer’s preferences are the most important drivers for the growth of automotive airbags market in Asia Pacific region.

Automotive airbags market in Europe will witness significant growth owing to mandates of deployment of several type of airbags in vehicle. The rising safety concern in automobile coupled with advancement in design of airbags will enhance the growth of market in Europe. For instance, ZF announced to develop external airbags systems which helps in reduction of injury severity up by 40%.

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Significant advancements in airbags in terms of technology are directly contributing towards improved safety of driver and passenger with adaptive performance. Changing trends towards affordable passive safety systems provides potential growth prospects for the automotive airbag market. Moreover, expansion of cost-efficient safety technologies of airbags for frontal and side impact protection is gaining significant demand.

Major industry participants include Autoliv, Delphi Automotive PLC, Takata Corporation, TRW Automotive Holdings Corporation, Key Safety System, Hyundai Mobis, Porcher Industries SA, Daicel Corporation, Denso Corporation, and Continental AG.

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