Advanced Process Control Market 2022 Assessment and Key Insights Analyzed Till 2032

The advanced process control market is expected to grow at a 9.31 % CAGR during the forecast period. The constant rise in user demand, as well as the adoption of best practises to improve production and quality, as well as advanced automation and process controls, has resulted in significant growth in the APC system. However, it requires a large initial investment and is only suitable for large-scale production.

Future Market Insights upcoming report on global Advanced Process Control market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Advanced Process Control market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2022 and beyond.

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Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Advanced Process Control market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

According to the FMI’s report, the Advanced Process Control market is projected to record a CAGR of xx% over the forecast period. To receive the detailed insights about the Advanced Process Control market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2022.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2022. However, with relaxation in lockdown, the Advanced Process Control market has picked up the pace.

The FMI’s recent report talks about the market scenario in the chapter on the Covid-19 impact analysis to aid the market players for the upcoming years. The report gives a detailed market analysis surrounding the market condition and its impact on the Advanced Process Control market.

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Key Questions Answered in the Report

  1. What are the key trends and challenges that will affect global Advanced Process Control market in upcoming years?
  2. What are the factors that will influence the Advanced Process Control market demand?
  3. Which region will be the most lucrative for Advanced Process Control market throughout the forecast period?
  4. How will evolving regulatory policies impact the market growth?
  5. What is the impact of Covid-19 on the Advanced Process Control market?

Advanced Process Control Market: Segmentation

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Detailed analysis on the geographical region and country wise insights are offered in the latest Advanced Process Control market report with established market players as well as incumbents in the region.

By Segment :

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

  • By Prominent Market Players
    General electric Co.
  • Rudolph Technologies
  • Yokogawa Electric Corp
  • Emerson Electric Co.
  • ABB Ltd.
  • Aspen Technology
  • Honeywell International, Inc.
  • Schneider Electric Se
  • Rockwell Automation, Inc.
  • Siemens AG

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With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important market study including the historical revenue prospects, pricing strategy, and marketing strategy adopted by these players in the Advanced Process Control market.

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Off Road All Terrain e-scooter Market Revenue, Worth, Size, Segment by Type, Application, Key Companies | Report by FMI

The global off road all terrain e-scooter market is predicted to witness a moderate growth rate of 4.8% during the forecast years. The net worth of the off road all terrain e-scooter market share is expected to reach US$ 2.5 Billion by the year 2032, increasing from US$ 1.53 Billion in the year 2021.

Global concern over the increasing amount of polluting emission gases and deteriorating urban air quality have ushered in a new era for electric scooter and vehicles in the global market. In line with such encouragement, there has also been a growing trend in sales of electric scooter for rough terrains across the world in recent times.

Greater performance parameters and lightweight design are the precursors to the growing demand for off road all terrain e-scooter in the global market. The popularity of off road biking events is poised to be an instrumental factor in determining the off road all terrain e-scooter market opportunities in the coming days.

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Several government incentives for greater sales of off road all terrain e-scooter have favoured the overall growth of the business in the regional markets. The establishment of suitable infrastructure for the adoption of electric vehicles is anticipated to create conducive off road all terrain e-scooter market key trends and opportunities in the future.

Key Takeaways

  • The current day net worth of globaloff road all terrain e-scooter market size is estimated to be around US$ 1.56 Billion by 2032.
  • The overall year-on-year growth rate of the off road all terrain e-scooter market share is found out to be 4.8% for the forecast years of 2022 to 2032.
  • The gross forecasted value of the global market is predicted to reach US$ 2.5 Billion by the year 2032 as per the off road all terrain e-scooter market analysis.
  • Two wheeler off road electric scooters have always remained the top performing segment and is expected to continue as it is in the coming year.

Competitive Landscape

All the prominent market players of the global off road all terrain e-scooter market are increasingly focussing on designing best all terrain e-scooters according to the customer requirement of specific regions to achieve market penetration. However, adoption of recent development to provide better features with the existing models is also a key strategy popularizing the off road all terrain e-scooter market.

Global Off Road All Terrain E-scooter Market Key Players

  • Xiaomi Corporation
  • Voro Motors
  • Segway
  • Apollo Scooters
  • GOTRAX
  • Aovopra
  • INOKIM
  • KAABO
  • Kugoo
  • Techlife
  • Evercross
  • Dualtron

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Key Segments

By Type:

  • Unicycle
  • Two Wheel
  • Three Wheel

By Speed:

  • 20 to 30 Kmh
  • 30 to 50 Kmh
  • 50 to 70 Kmh
  • Above 70 Kmh

By Range:

  • Below 40 Km
  • 40 to 60 Km
  • 60 to 80 Km
  • 80 to 100 Km
  • Above 100 Km

By Distribution Channel:

  • OEM
  • E-commerce
  • Others

By Motors:

  • Single Motor
  • Twin Motor

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)

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Recent Developments in Off Road All Terrain E-Scooter Market

  • After absorbing the Amsterdam-based e-scooter manufacturer ETERGO, Ola Electric announced plans to establish the world’s largest electric scooter facility in December 2020. It intends to build this massive factory in India in order to grab the regional market.
  • NIU technologies, a smart urban mobility solutions company, has announced the debut of a new product called ‘G0’ by the end of May 2020. It’s a sort of e-bike from the Gova series designed for the Chinese market.
  • In June 2019, Li-ions Elecktric Solutions unveiled the Spock electric scooter, which is powered by 72V 40AH lithium-ion batteries. The main benefit of this newly introduced model is its roughly 150-kilometer range on a single battery charge.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Global Marine Base Steering Gear Market Size Was Valued At Around US$ 1.6 Bn By End Of Year, FMI

The global marine base steering gear market was worth approximately US$ 1.6 billion in 2020 and is expected to grow at a steady CAGR of 5% between 2022 and 2032. The rapid expansion of the global maritime industry is driving demand for marine base steering gear.

Since the dawn of the first ships, which were steered by hand, marine base steering gears have been an essential component of a ship’s machinery. Furthermore, regardless of the ship’s operation, kind, or size, marine base steering gear integrated with a rudder system assists in ship turning when necessary, defining a complete turning mechanism.

The basic requirement of marine base steering gears are subjected and guided by rules and standards which implies to capability of turning or steering the ship from 35 degrees starboard to 35 degrees port and vice versa. Moreover, the major control systems and power units are duplicated so they can easily substitute during the failure along with the emergency power supply through emergency generator connected to additional power unit.

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Ram type marine base steering gear are the most commonly used type which is quite expensive in construction and designing. In the ram type marine base steering gear, the sense of rudder turning is guided by the action of hydraulic pump. On the other hand, the rotary vane type steering gear has a fixed housing where two vanes rotate where the housing with vanes form the four chambers.

Marine Base Steering Gear Market: Dynamics:

Rotary vane marine base steering gear is widely selected mechanism which provides low vibration and noise along with it ensures full torque availability at all rudder angles. Furthermore, rotary vane marine base steering gear also provides relatively more flexibility as steering gear is more optimized for the type of rudder used. These factors are estimated to drive the global marine base steering gear market during the forecast period.

Moreover, the rising demand of marine base steering gear for large and medium sized vessels and thus availability of 2, 3, or 4 vane options to propel the demand of global marine base steering gear market in the near future. Prominent factors such as compact size, excellent power-to-weight ratio, simplified maintenance, integrated rudder carrier are further expected to fuel the growth of global marine base steering gear market over the forecast period.

Stringent military standards and regulations for designing steering gear to lower the vibration, shock, and noise is projected to drive the global marine base steering gear market over the forecast period. Further, the robust and simple design of actuator type marine base steering gear provides redundancy and reliability which is expected to augment the growth of global marine base steering gear market in the near future.

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Marine Base Steering Gear Market: Regional Outlook:

Europe is estimated to register substantial growth in the global marine base steering gear market owing to strong investments done in France, Russia, and other EU countries over the last few couple of years. Furthermore, the recent deceleration witnessed in Chinese economy is anticipated to affecting various domestic industries which can pause implications for maritime economy across the globe. Shifts in demographic and population growth rates in the developing countries may pose implications for the maritime sector in the near future. Moreover, rising import rate of finished goods owing to increasing disposable income, lowering of commodity price is projected to drive the global marine base steering gear market during the forecast period.

Marine Base Steering Gear Market: Market Participants:

Some of the participants in global marine base steering gear market are:

  • Data Hidrolik
  • Brusselle Carral Marine
  • Jastram Engineering Ltd.
  • Wills Ridley Ltd
  • REMONTOWA HYDRAULIC SYSTEMS Sp. z o.o.
  • Rolls-Royce plc
  • KATSA OY
  • Nufoss Services Pte Ltd.
  • Palmarine

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Key Segments Profiled In The Marine Base Steering Gear Industry Survey

By Gear Type:

  • Ram Type
  • Rotary Vane Type

By Power Source:

  • Hydraulic
  • Electro-hydraulic

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Binoculars and Mounting Solutions Market Surpass The Value US$ 11.4 Billion From 2022 To 2032

The global binoculars and mounting solutions marketplace is predicted to expand at a encouraging CAGR during the forecast period. An additional feature is, when hovering or pulling down the binoculars, most of the time the binoculars stay jagged at the objective. These mounts look great if you are out observing with another individual and sharing views, even if another person is of different height (like a child).

The global market for binoculars and mounting solutions is expected to reach $8.6 billion by 2022. It is expected to grow at a CAGR of 3.8 % and surpass US$ 11.4 billion between 2022 and 2032. The rising standard of living in various developing countries, as well as increased spending on luxury items, are expected to drive demand for binoculars and mounting solutions in the near future.

The simplest and economical optics you can apply to stargazing is a pair of binoculars. Binoculars are chiefly dual telescopes which are mounted next to each other, and associated so that an individual can gaze at aloof entity with both the eyes.

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Binoculars makes use of prisms mainly in both the barrels to provide an upright appearance to the consumer. Roof prisms binoculars, which are more compressed, look similar to two traditional through telescopes mounted sideways. Compressed binoculars are pleasant, particularly for daytime observing. However, just as the telescopes, binoculars equipped with bigger diameter lens displays more.Low control binoculars are great for extensive star fields, and can simply be hand held. But it becomes pretty challenging holding binoculars that are too enormous and heavyweight.

Binoculars and Mounting Solutions Market: Drivers & Restraints

Rising infrastructure investments necessitates the requirement of positioning for cargo management systems for rail traffic, airports and ports. Large construction sites require positioning systems to support the information management system. Aforementioned are some of the key factors driving the growth of the binoculars and mounting solutions market. Whereas the changes in the allocation of radio frequency bands, cost of sensors, safety, development time and customization associated with the binoculars and mounting solutions, dependency on external suppliers for components are probable factors restraining the growth of the binoculars and mounting solutions market globally.

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Binoculars and Mounting Solutions Market:Region-wise Outlook

The global binoculars and mounting solutions market is anticipated to record a significant CAGR for the forecast period. On the basis of geographic regions, the global binoculars and mounting solutions market is segmented in the following key regions: North America, Western Europe, Eastern Europe, Latin America, Japan, Middle East & Africa and Asia Pacific. In 2015, the global binoculars and mounting solutions market is dominated by North America in terms of market value followed by Europe and Russia, respectively. Japan and Asia Pacific are anticipated to increase at a considerable growth rate and is expected to contribute to the global binoculars and mounting solutions market value exhibiting a substantial CAGR during the forecast period, 2015?2025.

Binoculars and Mounting Solutions Market: Key Player

Some of the key market participants in the Binoculars and Mounting Solutions Market are S4Gear, ZEISS, Lunt Engineering USA, LEICA, Nikon Corporation, Bushnell Outdoor Products and OLYMPUS CORPORATION among numerous others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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Key Segments Profiled in the Binoculars and Mounting Solutions Industry Survey Report Scope

Application:

  • Defense
  • Maritime
  • Land and Survey
  • Space

Magnification Type:

  • 1X
  • 2X
  • 3X
  • 4X
  • More than 4X

Lens Coating Type:

  • Single Coating Lens
  • Multi-coating Lens

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Aircraft Tube and Duct Assemblies Market Trends, Growth, Future Demand, Analysis and Forecast by 2030

Passenger traffic in the aircraft industry continues to register growth rates above historical averages, supported by the reduced price of travel and increasing middle-class population in developing markets. This rise is playing a crucial role in driving the growth of the global aircraft tube and duct assemblies market.

The global aircraft tube and duct assemblies market is projected to expand at a CAGR of 4.4% during the forecast period of 2022-2030.

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Key Takeaways of Aircraft Tube and Duct Assemblies Market Study

  • Aerospace industry is increasing the usage of aluminum in aircraft tube and duct assemblies, as aluminum is a lightweight and high-strength material. In the global aircraft tube and duct assemblies market, aluminum holds approximately one-third market share.
  • Tier-I manufacturers operating in the global aircraft tube and duct assemblies market are Eaton, Exotic Metals Forming, Leggett & Platt, Incorporated, and PFW Aerospace GmbH. On the other hand, AMETEK. Inc., Smiths Group PLC, Sigma Precision Components Ltd., and some other players are estimated to stand in the tier-II bracket in the global aircraft tube and duct assemblies market.
  • Key players are focusing on the expansion of their footprints by establishing manufacturing units and distribution channels in various regions.
  • Global defense spending is at a high record. The biggest spenders on defense are the U.S., China, France, Saudi Arabia, and India. Implementation of advanced, combat, and stealth-based aircraft procurement programs has augmented military spending, worldwide. This growing trend is expected to upsurge the demand for aircraft tube and duct assemblies.
  • Development of lightweight materials and increasing sales of aircraft are anticipated to drive the growth of the market over the forecast period.

“Original equipment manufacturers (OEMs) are projected to hold more than 90% share in the global market, as the replacement of tube and duct assemblies is found to be very limited.”

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AIRCRAFT TUBE AND DUCT ASSEMBLIES MARKET TAXONOMY

Application

  • Engine Bleeds
  • Thermal Anti-ice
  • Pylon Ducting (HVAC) Enamel
  • Fuselages
  • Inlets/Exhausts
  • Environment Control Systems (ECS)
  • Lavatories
  • Waste Systems

Aircraft Type

  • Commercial Aircraft
    • Narrow Body Aircraft
    • Wide Body Aircraft
    • Regional Jets
    • Freighters
  • Military Aircraft

Material

  • Steel
  • Nickel
  • Titanium
  • Aluminum
  • Composite
  • Inconel

Sales Channel

  • OEMs
  • Aftermarket

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

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Market Landscape Moving towards Consolidation

The aircraft tube and duct assemblies market is expected to be dominated by tier-I manufacturers, who hold more than 50% share of the global market. Prominent players involved in the global aircraft tube and duct assemblies market are shifting their focus on repair solutions rather than replacement products with full-service. This has resulted in providing approximately 50 percent or more cost reduction.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Vertical Turbine Pumps Market Is Expected To Garner A Market Value Of US$ 40.72 Billion In 2032

The Vertical Turbine Pumps market had a market value of US$ 25 billion in 2022 and is expected to have a market value of US$ 40.72 billion in 2032, with a CAGR of 5% from 2022 to 2032. Rapid urbanisation and rising demand for wastewater treatment are driving market growth.

Vertical turbine pumps are classified as a type of centrifugal pump. In vertical turbine pumps, motor is located above the ground level and is connected to the impellers at the bottom of the pump via vertical shaft. These pumps are generally driven by a diesel engine or by an AC electric induction motor.

Vertical turbine pumps are usually used where submersible pump cannot be used. Vertical turbine pumps are also known by deep well turbine pumps. The usage of vertical turbine pumps is mostly found in wide range of municipal, agricultural, and industrial applications.

In vertical turbine pumps, maintenance of the pump head is quite difficult. It needs a lot of headroom for its maintenance. This is the only challenge faced by the manufacturers of vertical turbine pumps across the globe.

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Global Vertical Turbine Pumps Market: Market Participants 

The global market for vertical turbine pumps is moderately fragmented as there are significant number of manufacturers across the globe. Although, names of some of market participants engaged in the manufacturing and sales of vertical turbine pumps are mentioned below:

  • National Pump Company.
  • Grundfos Pumps Corporation
  • Pentair Aurora Pump
  • Simflo Pump
  • Process Systems
  • Neptuno Pumps Ltda
  • Sintech Precision Products Ltd
  • Flowserve
  • Ruhrpumpen
  • Kirloskar Brothers Limited
  • ITT INC.
  • Gusher Pumps
  • Hydroflo Pumps
  • Sulzer
  • CNP PUMPS INDIA PVT. LTD
  • C.R.I. Pumps Private Limited
  • Hydroflo Pumps
  • Sulzer
  • Grundfos

Vertical turbine pumps are classified as a type of centrifugal pump. In vertical turbine pumps, the motor is located above the ground level and is connected to the impellers at the bottom of the pump via a vertical shaft. These pumps are generally driven by a diesel engine or by an AC electric induction motor.

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Key Segments Profiled in the Vertical Turbine Pumps Industry Survey

Stage:

  • Single Stage Vertical Turbine Pumps
  • Multi-Stage Vertical Turbine Pumps

End use:

  • Agriculture & Irrigation
  • Power Generation
  • Oil & Gas
  • Municipal
  • General Industry
  • Chemical
  • Mining

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.

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Blind Spot Object Detection System Market Valuation reaching US$ 8.1 Bn by 2032:FMI

In 2021, the global blind spot detection market was estimated to be worth $1.9 billion. Blind spot detection system sales are expected to grow at a staggering 13.9 percent CAGR, with a market valuation of US$ 8.1 billion by 2032. According to the estimate, overall sales of camera sensors and radar sensors are likely to reach US$ 1.7 billion.

Several commercial vehicles are large in size and despite being well-equipped with mirrors, they have poor visibility which increase the risk of accidents. Drivers are unable to see areas adjacent to the vehicle thus side collision with the heavy vehicle is imminent. This is compelling all heavy duty manufacturers to install BSD, which is expected to bolster the growth in the market.

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Automobile manufacturers are subject to stringent passenger safety regulations and standards, which are imposed by various government bodies in various countries. During the forecast period, the automotive industry’s technological growth, focus to adopt advanced technologies, develop structured safety features, and a rising adoption of autonomous vehicles is anticipated to create opportunities for the blind spot detection market.

During the forecast period, the global BSD market is anticipated to be benefited from an increase in per-capita spending power in developing economies, as well as growing demand for premium and luxurious features in passenger vehicles.

“Rising demand for passenger vehicles equipped with ADAS is expected to fuel sales of blind spot detection systems. Besides this, stringent regulations regarding the adoption of safety systems in commercial vehicles will propel the growth in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

  1. By technology type, sales in the camera sensor segment are expected to grow at a 13.8% CAGR over the forecast period.
  2. The U.S. will continue dominating the North America blind spot detection market, with total sales reaching a valuation of US$ 4 Bn in 2022.
  3. By Region, Europe and East Asia is expected to remain key markets for BSD, about 60.0% of the total market share by 2032.
  4. Based on vehicle type, the passenger vehicle segment is forecast to dominate the market with more than 69.2% of the total market share.

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Competitive Landscape

Texas Instruments Incorporated, Intel Corporation, NVIDIA Corporation, Continental AG, Magna International, and Mobileye are some of the key manufacturers of BSD system.

Manufacturers /developers of blind spot detection are focusing on mergers, acquisitions and collaborations with OEMs and start-ups to improve their product portfolios and to gain a competitive edge in the market.

ADAS Market by Category

By Technology:

  • Ultrasonic Sensor
  • Lidar Sensor
  • Radar Sensor
  • Camera Sensor
  • Infrared Sensor
  • Pressure Sensor

By Sales Channel:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

By Vehicle Type:

  • Passenger Vehicle
  • Heavy Commercial Vehicle
  • Light Commercial Vehicle

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

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Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10-years. 

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By 2029, Market For Deployable Military Shelters Is Anticipated To Expand At A Growth Rate Of 4.6 Percent: FMI

Future Market Insights (FMI) forecasts that the global market for deployable military shelters will increase by 4.7 percent annually in 2022, reaching a value of about US$ 1,068.2 Mn by the year’s end. In order to conduct strategic operations and conduct training, military units must now be deployed in greater numbers to distant war zones and diverse terrains.

The need for portable military shelters is brought on by unrest across the borders with neighbouring countries, which necessitates the deployment of thousands of soldiers. Between 2022 and 2029, there is expected to be a significant CAGR of 4.6 percent for the global market for deployable military shelters.

Ascending military spending of governments and a notable rise in border conflicts to push sales of deployable military shelters on a global level. The global deployable military shelter market will most likely surpass the value of US$ 1464.0 Mn by 2029, as projected by a new Future Market Insights (FMI) report. Witnessing healthy growth in revenues over 2022 – 2029, demand for deployable military shelters will be prominent in temporary military bases in conflict-affected areas as well as overseas.

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The global deployable military shelter market is expected to grow significantly in the near future, owing to an increase in the number of overseas military bases around the world as a result of political unrest and the war on terror. While the United States, China, and Russia continue to be the top markets due to their high military spending, economies such as India, North Korea, and Saudi Arabia are also lucrative markets for manufacturers of deployable military shelters. Their expanding military budgets account for their high growth potential.

Key Takeaways – Deployable Military Shelter Market Study

  • North America’s deployable military shelter market would register robust growth, driven by increasing spending on military and military personnel by the region’s governments.
  • Vehicle-mounted shelters are set to witness substantial demand in the deployable military shelter market owing to increase in the need for mobile tactical operation centers.
  • Sales of polymer-based deployable military shelters continues to grow at a remarkable rate, owing to their lighter weight and higher strength as compared to shelters made from composite materials.

Manufacturers in the deployable military shelter market should eye profits in the military shelters with carbon-hybrid structures. These structures are lighter in weight but have a stronger frame that provides high snow and wind tolerance as compared to their conventional counterparts. They also tend to occupy lesser space volume, thereby reducing storage and transportation costs for the military.

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Deployable Military Shelter Market: Competitive Landscape Analysis

The global deployable military shelter market is highly consolidated, with tier-1 players accounting for nearly half of the market share. Some of the key market players included in the report are Alaska Structures, General Dynamics Corporation, and AAR. The deployable military shelter market has witnessed significant advancements from key players in the recent past. Mergers & acquisitions, expansion of manufacturing facilities, and product development are some of the key strategies adopted by market players to retain their position in the global deployable military shelter market.

Global Deployable Military Shelter Market by Category

By Shelter Type:

  • Rigid Wall Shelter
  • Soft Wall Shelter

By Material:

  • Polymer Fabric
    • Nylon
    • Polyester
  • Composite

By Size:

  • Small Shelters (length upto 6 meters)
  • Large Shelters (Length greater than 6 meters)

By Application:

  • Medical Facility
  • Aircraft Base
  • Command Post
  • Vehicle Mounted
  • Personnel
  • Operations Center

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • MEA
  • Oceania

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Residual Current Circuit Breaker Market is anticipated to grow at a CAGR of 6.7 percent to reach US$ 3,411.6 Mn by 2028: FMI

As of 2028, the global market for residual current circuit breakers is expected to reach US$ 3,411.6 Mn, growing at a CAGR of 6.7 percent. The industry is anticipated to be worth US$2,305.9 Mn in 2022.

A highly organized market for residual current circuit breakers is thoroughly assessed by Future Market Insights in its newly published research intelligence outlook, presented for 10 years 2018-2028. Nearly 75% share of the global landscape is occupied by the organized sector, i.e. the Tier 1 and Tier 2 players.

  • Residual Current Circuit Breaker Market Size (2022) US$ 2,305.9 Mn
  • Projected Market Value (2028) US$ 3,411.6 Mn
  • Global Market Growth Rate (2022-2028) 6.7% CAGR
  • Country With Dominant Market Share North America

Key Findings from the Competitive Landscape Analysis of Residual Current Circuit Breaker Market

Leading RCCB manufacturers are prioritizing the development of customer-specific product development, emphasizing superior performance, high operational efficiency, and regional expansion.Partnerships and joint ventures through strategic collaborations with recognized research institutes are paving the way for product innovation.Targeting expansion of existing product offerings, key players in the residual current circuit breaker landscape are indulging inconsistent new product innovation cycles, in addition to strategic mergers and acquisitions (The latest example in this category is the acquisition of GE Industrial Solution by ABB).Industry leaders are focusing on maintaining long-term contractual relationships with manufacturing giants for a reliable supply scenario of a wide range of residual current circuit breaker devices.

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“Towards the end of 2020, the global revenue of residual current circuit breaker landscape is likely to cross the US$ 2 billion mark, witnessing over 6% year on year growth each year post-2020,” explains a senior analyst at FMI. Elaborating further on the key impact factors shaping the revenue growth of residual current circuit breaker market, the analyst says, “Increasing adoption of smart grid, constant replacement of ageing power infrastructure, the rampant expansion of the residential construction sector, and growing digitization is primarily drawn as high-impact push factors associated with RCCB demand”.

Electrification Projects Are Receiving Funds from Governments, Boosting RCCB Demand

With considerably growing investments in effective and efficient electricity generation, the scope for transmission and distribution is also witnessing a steady increase worldwide. Several governments are encouraging funding for electrification projects that prominently support SEBs (state electric boards) and in turn foster the sales of electric components including residual current circuit breakers.

Mushrooming Residential Construction Realm Significantly Pushes RCCB Sales

The analysis of the residual current circuit breaker landscape according to end-use concludes dominance of the residential construction sector in the market. With an estimated 7+% year over year revenue growth over the next couple of years, residential infrastructure will continue to attract maximum opportunities over commercial and industrial sectors in the residential current circuit breaker market. This growth can be correlated to heavy population growth, subsequently fueling the residential housing demand.

In the power input-wise analysis of the residual current circuit breaker landscape, the report discusses the solid incremental opportunity for a three-phases residual current circuit breaker that is strongly attributed to an exceptionally high rate of solar PV and energy storage system sales over the recent past.

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Power Investments Elevate in Asian Economies, Imposing Solid Growth Opportunities for Residual Current Circuit Breaker Manufacturers

FMI’s regional market analysis of the residual current circuit breaker landscape reveals dominance of North America and Western Europe, the latter is however witnessing a major revenue decline in recent years. The criticality of the efficient eco-smart end-use and an ever-growing concern for human safety from electrocution continue to boost the mature residual current circuit breaker landscape of developed regions.

Being among the most populous economies across the globe, China and India reinforce solid growth prospects for residual current circuit breaker sales growth. While China is projected for a heavy gain in terms of market value share, MEA is also poised to observe promising expansion at over 6.5% yearly growth post-2019 – owing to augmenting power investments.

The breakthrough One Belt-One Road Project that connects China and all the other Central Asian economies, European countries, and Indo-Pacific littoral countries raise a substantial need for new roads, railway tracks, ports, and power grids. The onset of this project is expected to contribute substantially to the revenue growth of the residual current circuit breaker landscape.

Key Segments Covered in Residual Current Circuit Breaker Industry Analysis

Residual Current Circuit Breaker by Product Type:

  • AC
  • A
  • F
  • B
  • B+

Residual Current Circuit Breaker by Network Type:

  • 2 Pole
  • 3 Pole
  • 4 Pole

Residual Current Circuit Breaker by Power Input:

  • Single Phase Residual Current Circuit Breaker
  • Three Phase Residual Current Circuit Breaker

Residual Current Circuit Breaker End Use:

  • Residual Current Circuit Breaker for Residential
  • Residual Current Circuit Breaker for Commercial
  • Residual Current Circuit Breaker for Industrial

Residual Current Circuit Breaker by Region:

  • North America Residual Current Circuit Breaker Market
  • Latin America Residual Current Circuit Breaker Market
  • Western Europe Residual Current Circuit Breaker Market
  • Eastern Europe Residual Current Circuit Breaker Market
  • Southeast Asia & Pacific Residual Current Circuit Breaker Market
  • China Residual Current Circuit Breaker Market
  • Japan Residual Current Circuit Breaker Market
  • India Residual Current Circuit Breaker Market
  • Middle East & Africa Residual Current Circuit Breaker Market

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10-years.

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Automotive Display Units Market Share On Major Suppliers, Business Standards, And Technology Trends In-Depth Analysis 2029

Future Market Insights (FMI) recently published a new report, titled, ‘Automotive Display Units Market: Global Industry Analysis 2014–2021 and Opportunity Assessment 2022–2029.” The value of the global automotive display units market was approximately US$ 14,502.9 Mn in 2021. The automotive display units market is predicted to grow at a prominent CAGR of around 8.3% during the forecast period. Full digital and navigation display systems will play a vital role in generating market revenue in the automotive display units market, according to FMI’s analysis.

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Head-Up Display Mark an Emerging Trend

In the current market scenario, technological advancements in automotive display units are estimated to become more important due to increasing penetration of navigation display systems, software, and various display technologies in automobiles. Moreover, automakers are focusing on head-up display and navigation systems in their vehicles in order to increase safety features.

Automotive display manufacturers have developed technologies such as TFT LCDs and AMOLEDs, which can be used in low ambient light conditions and enhance the vehicle safety. These technologies offer various advantages such as vehicle safety, high resolution, larger display size, high heat-resistance, and lighter than a liquid crystal display (LCD) feature.

Furthermore, stringent safety rules and regulations in countries such as Germany, the U.S., France, and Italy are compelling automotive manufacturers to raise the safety standards in their vehicles. To improve vehicle safety, automakers are trying to implement digital rear view mirrors and a pillar mirror to reduce the blind spots for vehicles, which is expected to support the demand for TFT, LCD, and AMOLED displays in the automotive display units market.

The growing sales of premium LCVs and HCVs in developed and developing economies are estimated to boost the growth of the automotive display units market. China is expected to be a prominent market in the global automotive display units market over the forecast period in term of volume, owing to the increasing demand for passenger cars from the middle-class population.

Moreover, government initiatives to promote the manufacturing sector in developing countries such as India are expected to further create opportunities in the automotive display units market. These factors are expected to directly impact the growth of the automotive display units market during the assessment period.

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China and India to Create Significant Growth Opportunities

This global automotive display units market report observes that, East Asia is estimated to hold a prominent share in the global automotive display units market during the assessment period. Due to increasing vehicle production and rising vehicle safety standards, the demand for automotive display units is increasing across the globe.

China is estimated to hold a significant share in the East Asia Automotive Display Units market, and drive the growth of the region, while growing at a CAGR of nearly 10% in terms of value, between 2022 and 2029. This automotive display units market report studies the concerned markets across various regions, including North America, Latin America, Europe, East Asia, South Asia, and the Middle East & Africa.

Global Automotive Display Unit Market by Category

By Product Type:

  • Full Digital
  • Navigation Display
  • HUD
  • Digital Side Mirror
  • Digital Rear View Mirror
  • Rear Seat Display
  • Rear Seat Control

By Vehicle Type:

  • Compact Car
  • Mid-Size Car
  • SUV
  • Luxury Car
  • LCV
  • HCV

By Display Size:

  • <1- Inch
  • x Inch
  • x Inch
  • x Inch
  • x Inch
  • x Inch
  • x Inch
  • x Inch
  • x Inch
  • x Inch
  • x Inch
  • x Inch
  • >12.x Inch

By Touch Type:

  • With touch
  • Without touch

By View Type:

  • 2D
  • 3D

By Technology Type:

  • TFTLCD
  • PMOLED
  • PMLCD
  • AMOLED

By Screen Format:

  • Standard
  • Wide

By Sales Channel:

  • OEM
  • Aftermarket

By Resolution:

  • Pixel formats
  • Pixel numbers

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East & Africa

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Global Automotive Display Units Market: Competitive Landscape

Some of the key players involved in the manufacturing of automotive display units, and included in this study are Robert Bosch GmbH, LG Displays, Panasonic Corporation, Denso Corporation, Magna International Inc., Valeo Sa, Delphi Automotive Plc, Continental Ag, Kyocera Corporation, Japan Display Inc., Au Optronics, and Pioneer Corporation, amongst others.

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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