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Infants frequently experience fever at any moment. As a result, parents cannot instantly see a doctor in the early morning, especially at night. Thus, baby ear thermometers are used. Over the course of the projection period, it is predicted that the market for infant ear thermometers will increase at a CAGR of 9.5%, rising from US$ 566.3 Mn in 2022 to US$ 1403.42 Mn by 2032.

The baby ear thermometer is designed to measure the temperature of the baby from the baby’s ear canal. The baby ear thermometer is based on infrared technology to detect the temperature generated from the eardrum and surrounding tissue.

The tip of the baby ear thermometer needs to be inserted into the baby’s ear canal, and a button is pressed to sense the temperature. The baby ear thermometer is fast as it merely takes a few seconds to get the reading precisely.

The baby ear thermometer manufacturers are focusing on product developments. Development such as night light environment display for convenient use at night time and pre-warmed tip for comfort and professional accuracy have influenced the baby ear thermometer market positively.

Some of the baby ear thermometers have in-built memory to track the temperature over time. Age precision technology by Braun GmbH in baby ear thermometers has boosted the market growth to a new dimension.

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Baby Ear Thermometer Market: Market Dynamics

The baby ear thermometer offers many advantages, which have driven its market growth. Parents concern and their preparedness for their infant’s health is the primary factor that drives the baby ear thermometers market.

The increased awareness of baby ear thermometer has complemented the readiness of parents, thereby fuelling market growth. The ergonomically designed baby ear thermometers with smart features is an add-on for its convenient use over regular thermometers.

Nonetheless, the baby ear thermometer cannot be used with the baby having an ear infection. Pulling of baby’s ear might cause uncomfortable feeling for toddlers, and their squirming may affect the reliability of reading.

Still, most of the baby ear thermometers available in the market are recommended for infants above six months. The market players are expected to find a technological solution and enhance the baby ear thermometer growth.

Baby Ear Thermometer Market: Regional Outlook

The baby ear thermometer market is significantly present in Europe owing number of products availability. Followed by North America, the high awareness of baby ear thermometers and its user-friendliness has driven the market growth. The baby ear thermometers market in Oceania has seen a significant increase in recent years with many product developments.

East Asia and South Asia are forecasted to be the most emerging market for baby ear thermometers as key players have focused on these regions due to growing population and a high number of children.

The Middle East and Africa are estimated to drive the baby ear thermometer market by increasing awareness about the products. Moreover, Latin America market for baby ear thermometer is fuelled with increased investments in the healthcare sector.

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Baby Ear Thermometer Market: Key Players

Some of the major players in the Baby Ear Thermometer market are Braun GmbH, iProvèn, Mayborn (UK) Limited, First Years Inc., Safety 1st, SUMMER, Motorola, Kinsa, Inc., ANKOVO, Exergen Corporation, Cardinal Health, Bound Tree, Cherub Baby Australia, and among others.

The research report presents a comprehensive assessment of the baby ear thermometer market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies for baby ear thermometer market.

The research report of baby ear thermometer provides analysis and information according to market segments such as geographies, product type, nature, and application.

The baby ear thermometer market report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

The baby ear thermometer regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Chile, Peru)
• Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
• South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
• East Asia (China, Japan, South Korea)
• Oceania (Australia & New Zealand)
• Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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Baby Ear Thermometer Market: Market Segmentation

The baby ear thermometer market is segmented into different parts based on the end use, price range, age group, sales channel, and geography.

Based on end use, the baby ear thermometer market is segmented into:

• Home
• Clinics and Hospitals

Based on price range, the baby ear thermometer market is segmented into:

• Low
• Medium
• High

Based on age group, the baby ear thermometer market is segmented into:

• 0 – 3 months
• 3 – 36 months
• 36+ months

Based on sales channel, the baby ear thermometer market is segmented into:

• Direct
• Indirect
• Independent Stores
• Hypermarket/Supermarket
• Specialty Stores
• E-commerce
• Others

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According to a recent report by Future Market Insights, the built-in coffee machine market in Europe is expected to reach a value of more than US$ 5.82 Bn in 2022, with sales growing at a 6.5% CAGR through 2032. (FMI).

Sales of built-in coffee makers are increasing in Europe due to the rising popularity of home coffee brewing using traditional methods and the soaring desire for automated kitchen appliances. To provide the most cutting-edge built-in coffee machine models on the market, manufacturers are adding new features and modernising their production techniques.

They do this in an effort to satisfy the requirements and expectations of consumers in terms of performance, quality, and use. The development of a fully automated built-in coffee maker for residential use is the most notable advance.
Manufacturers promise barista-quality coffee blends at home that will be comparable to the coffee served at commercial locations in order to draw customers and effectively sell the innovations offered in built-in coffee machines.

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Sales of built-in coffee makers for home usage are also being boosted by features like dose control grinding, hands-free operation, and a superb steamer for texturizing micro-foam milk, among others.

In addition, there is a growing requirement for high-quality coffee makers that are easy to use and incredibly dependable over the long term, which has increased demand for built-in coffee makers. Due to consumers’ increasing desire for online shopping, manufacturers are releasing novel coffee machine models through online retail channels, which is boosting market expansion.

Key Takeaways: 

• Based on water tank capacity, demand in the 1-1.5L segment is projected to grow at a 3.5% CAGR over the forecast period.  
• By power, the 1500W-2000W segment will account for 37.1% of the total market share by 2032.  
• In terms of connectivity, sales in the home connectivity segment will increase at a 6.2% CAGR over the assessment period.  
• Demand in the Germany built-in coffee machine market is slated to surge at a 3.3% CAGR over the forecast period. 
• Italy will emerge as an attractive pocket, with demand growing at a 6.5% CAGR through 2032.  

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Who is winning? 

Leading manufacturers of Europe built-in coffee machine are introducing machines based upon the regional interests and further advertising them to drive sales of Europe built-in coffee machine. 

Major players present in the Europe built-in coffee machine market are Bosch (BSH Home Appliances Ltd), Jenn Air (Whirlpool Corporation), Wolf (Sub Zero Group, Inc.), Ariston (Ariston Group), Fisher & Paykel (Fisher & Paykel Appliances Ltd.),Thermador (BSH Home Appliances Ltd), Kupperbusch, Gaggenau (BSH Hausgeräte GmbH), Meneghetti S.p.A Fulgor Milano, Neff (BSH Home Appliances Ltd.), AEG (AB Electrolux), Whirlpool Corporation, Miele, Smeg, Indesit Company, and Electrolux among others. 

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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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The golf outfit market is anticipated to grow at a CAGR of 7.2% from USD 979.2 million in 2022 to USD 1957.1 million through 2032, according to Future Market Insights. The COVID-19 pandemic’s quick spread has slowed the market’s expansion for golf apparel. Due to the adoption of lockdown and other types of limitations, some tournaments were postponed or cancelled, which caused the market for golf attire to decline.

There has been a decline in participation as a result of the tournament cancellations, which has resulted in a drop in?golf outfit sales. The?global golf outfit market share?is being impacted by falling overall revenue.

Demand for golf?increases as more people deal with obesity and strive to counteract its effects. People’s desire to be active and healthy as they age pushes them to participate in various activities, including golf, to maintain their physical and mental health and fitness. It improves the?golf outfit market statistics.

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To increase their product line and provide a greater range of possibilities, the leading golf outfit manufacturers always produce new and?unique golf outfits?with fresh designs, vibrant colors, and styles. Customers have been urged to spend money on these things, resulting in the high?adoption of golf outfits.

Manufacturers are developing shoe styles that incorporate materials that improve ventilation. These factors contribute to higher?golf outfit market revenue, ?improving the overall?golf outfit market statistics.

Various industries experienced supply chain delays around the world during the COVID-19 pandemic. Several sectors saw their expansion halted due to the pandemic since the demand for their products fell dramatically. The government implemented stringent travel restrictions, which disrupted the supply chain and impeded?golf outfit market expansion.

Key Takeaways: 

The golf outfit market is predicted to develop at a CAGR of 7.2% through 2032 due to the adoption of healthy lifestyle choices.

The CAGR for the top wear segment of the product type category in the golf outfit market is anticipated to be 5.2% through 2032.

In the golf outfit market, the United States is estimated to outpace the other regions through 2032, by rising at a higher CAGR throughout the forecast period.

Competitive Landscape: 

Major companies profiled in the golf outfit market are Adidas AG, Callaway Golf Company, Under Armour, Inc., Amer Sports Corporation, ASICS Corporation, Kering S.A, Ralph and others

The research offers a detailed competition analysis of these top golf outfit market competitors, including company biographies, recent developments, and important golf outfit market strategies.

Recent Development: 

Partnerships, Collaborations, and Agreements:

ADIDAS partnered with MANORS, a London-based golf label, in July 2021. This collaboration is intended to provide new, affordable, and fashionable golf apparel for the future generation of golfers.

William Murray Golf partnered with Assembled Brands, a financial services firm, in May of 2021. The Austin-based firm would be able to expand its exclusive product pipeline as a result of this partnership.

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Key Segments

By Product Type:

• Top Wear
• Bottom Wear
• Hats
• Shoes
• Other Accessories

By Consumer Orientation:

• Female
• Male
• Kids

By Buyer Type:

• Individual
• Institutional
• Promotional

By Sales Channel:

• Online Sales Channel
• Offline Sales Channel)

By Region:

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

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.

Contact:

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According to FMI, the termite bait Products would bring in US$ 1.39 billion in 2021 with a CAGR of 2.2 percent. Between 2021 and 2031, the market is projected to grow at a CAGR of 5.6 percent.

The demand for termite bait products has grown as a result of actively increasing expenditure in research and development (R&D) operations to create a better and long-term solution. Additionally, the changing consumer mindset toward adapting for solutions that are safe for the environment and surrounds is probably going to aid the market expansion for termite bait goods.

The termite bait products industry, driven by soaring demand, represented 6.4% of total sales recorded in the global pest control services market in 2020.

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A CAGR of around 5.6 percent is anticipated for the termite bait products market through 2031, surpassing a valuation of US$ 2.39 billion. The ability to broaden their product offerings and give specialised solutions to numerous industries has been made possible by the advancement of technology.

The market’s growth is now being significantly hampered by the lack of proper awareness of termite bait products. To raise awareness of the products that are offered, however, a number of businesses are working together. For instance, Insect Science debuted brand-new videos on its YouTube channel in 2021 that explain and demonstrate new products. The videos included an in-depth explanation of how the gadget functions and how to install it successfully.

Moreover, businesses are launching diverse product lines that are targeted towards particular species.

As time and study permit, businesses are also developing diverse product lines that are centred on a particular species of termite and its behaviour. For instance, the 2nd Edition-Moisturized White Bait, a new product line from Termites DIY Baiting System Malaysia, was introduced in 2017 and is intended to completely eradicate a termite colony and offer a long-term solution.

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The market for termite bait products will be driven by an increase in demand in the construction sector and the launch of products with high strength and low cost.

Key Takeaways from the Termite Bait Products Market Study

• Surging application in agricultural land and crops and building infrastructure will drive sales in the termite bait products market.
• The U.S. is expected to account for over 82% of sales in North America market by 2031.
• Italy will account for maximum sales of termite bait products in Europe.
• In terms of bait system, demand for on ground bait systems is expected to grow at a CAGR of over 11.3% during the forecast period from 2021 to 2031.
• Subterranean termites are expected to account for over 40% of sales in the market on the basis of termite type.

Who is Winning?

Leading manufacturers of termite bait products are focusing on aggressive promotional strategies, advertisements, and new product launches to drive sales globally.

Major players present in the termite bait products market are BASF, Bayer, Decke Global, Dow, Earth Corporation, Ensystex, Exterminex, Exterra, Green Termite Bait Systems, PCT International, Pestman Co. Ltd., Shenzhen Golden Cat Environmental Technology Co., Ltd, Shouxin, Spectrum Brands, Inc., Sumitomo Chemicals Co., Ltd, Syngenta, Terminix, Termites DIY, and TrapAll among others.

Impact of COVID-19 on the Market

The sudden COVID-19 epidemic halted all activities, negatively impacting the economics of all markets. It also had a negative impact on the sale of termite bait. Furthermore, the temporary halt in trade between developed and developing countries resulted in a shortage of raw materials, hurting industrial capacity.

However, with the growing concerns regarding personal health and rising demand for safe environment, the sales of termite bait products has picked up. The demand for products containing organic ingredients is expected to increase at a higher rate.

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Market by Category

By Bait System:

• On Ground
• In Ground
  • Invasive
  • Non-Invasive

By Termite Type:

• Subterranean Termites
• Formosan Termites
• Dampwood Termites
• Conehead Termites
• Others

By Region:

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

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.

Contact:

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200 Continental Drive, 
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E-Rickshaw is the new growing trend across all the regions, owing to its various advantages over the traditional auto rickshaw. Driver of omnipresent conventional three-wheelers through smoggy, crowded streets discovered that e-rickshaws are faster, quieter, cleaner and cheaper to maintain than the conventional auto rickshaw. E-rickshaws are less arduous than cycle rickshaws, which required all-day peddling. So with more rides possible in a day, the e-rickshaws are proving more productive or we can say more lucrative with the demand of e-rickshaw are growing exponentially all across the globe.

The e-rickshaw market is projected to register a CAGR of 31.8% during the forecast period, up from US$ 1.3 Bn in 2021 to reach a valuation of US$ 27.5 Bn by 2032.

E-rickshaws are widely accepted as an alternative to diesel, petrol, CNG auto rickshaws. Increasing awareness about the air pollution and other environmental issues which can be reduced by using the e-rickshaws. In the e-rickshaw the main electronic components that make the drive are controller, motor, batteries, harness and throttle. The mismatch between any of these components is nasty and may reduce performance.

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E-Rickshaw Market: Dynamics

Considerably low investment than an auto-rickshaw, pleasing daily earning than cycle rickshaws and growing end-user affordability are some significant factors which driving the growth of e-rickshaw market. The advantages of e-rickshaw over traditional auto rickshaw and cycle rickshaw leads the e-rickshaw market. Rising environmental awareness, implementation of stringent regulations to curb environmental degradation and government incentives are some other factors which pushes the global e-rickshaw market growth

E-Rickshaw Market: Regional Outlook

Based on regions, the e-rickshaw market is anticipated to be led by the Asia Pacific region, especially by India and ASEAN countries such as Thailand, Vietnam and Philippines. India captures a significant amount of market shares in terms of revenue and sales, owing to an increasing number of demand and production of e-rickshaws. Followed by India, China and ASEAN countries has the second and third most prominent market share of e-rickshaws in terms of production as well as sales respectively. Middle East and Africa region is expected to witness moderate growth in the coming years. European region is expected to witness a stable growth in the e-rickshaw market. The market share of e-rickshaw in North America is at the lower side, as most of the countries in this regions are developed and acquired with modern public transport systems, such as metros, cabs, electric buses and others, hence the demand for e-rickshaws is declining in this regions and hence the market share is also going down.

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E-rickshaw Market: Market Participant

Some of the key players involved in the global E-rickshaw market include Hhw Care Products Pvt. Ltd., Charuvikram Automobiles Pvt. Ltd., A G International Pvt. Ltd., Saera Electric Auto Pvt. Ltd., Gauri Auto India Pvt. Ltd., Yuva E Rickshaw, Xuzhou Hongsengmeng group Co., Ltd., Wuxi Weiyun Motor Co. Ltd., Wuxi Berang International Trading Co., Ltd., Udaan E Rickshaw, Goenka Electric Motor Vehicles Pvt. Ltd., Mini Metro EV LLP, Aditya Automobile, Dilli Electric Auto Pvt. Ltd. among others.

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, Italy, France, U.K, Spain, Russia)
• South Asia (India, ASEAN)
• East Asia (China, Japan, South Korea)
• Oceania (Australia & New Zealand)
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

E-Rickshaw Market: Segmentation

Based on the Vehicle Type, the e-rickshaw market can be segmented into,

• Passenger carrier
• Load carrier

Based on the Battery capacity, the e-rickshaw market can be segmented into,

• >101 Ah
• <101 Ah

Based on Motor power, the E-Rickshaw market can be segmented into,

• Upto 1,000 W
• 1,000-1,500 W
• More than 1,500 W

Based on End user, the e-rickshaw market can be segmented into,

• Original equipment manufacturer
• Aftermarket

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Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected E-rickshaw market size in terms of value and volume
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on E-rickshaw market performance
• Must-have information for E-rickshaw market players to sustain and enhance their market footprint

About 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.

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Future Market Insights’ research on the Boat Hook market offers a comprehensive overview for the forecast period of 2021-2031. It uncovers hidden opportunities and studies growth trajectory across various segments. The study also offers an unbiased analysis by analyzing historical demand and future projections from a bird’s eye perspective. The report identifies some of the lucrative markets across the globe. FMI delivers an insightful coverage on the Boat Hook markets’ latest trends, drivers, challenges, opportunities and restraints that the market is expected to prevail in the upcoming decade.

According to the study, the automotive industry is expected to witness a healthy growth backed by the technological advancements. Leading players are expected to launch unique driving techniques to strengthen their footprint. This will have a positive impact on the Boat Hook market. The report covers the ‘Highs and Lows’ of the past decade and gives future projections based on the latest trend in the automotive industry.

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COVID-19 Impact on Automotive Industry

With the onset of COVID-19, the automotive companies and market players witnessed a few set-backs. As the COVID-19 crisis continues to unfold, FMI delivers detailed and rapid insights to navigate through the crisis. The report presents in-depth findings obtained through innovative methodology. Information presented in the report, is interspersed with up-to-date statistics. Data available on the Boat Hook market is intended to aid both short-term and long-term strategic decision making. The report also offers a holistic overview, mapping the factors, opportunities and trends likely to help in the wake of the coronavirus pandemic.

The COVID-19 outbreak had a swift and severe impact on the automotive sector. Affects included disruption in supply chain activities and overall vehicle production. Starting in China, vehicle and vehicle part manufacturers around the world either placed their production lines on quarantine or shut down completely. This led to severe impact on automotive sales, thus hindering the Boat Hook market.

However, with recovery already registered in certain countries, future prospects are expected to improve for the Boat Hook market.

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Boat Hook Market: Segmentation

To gain a better perspective on the latest trends and opportunities, the information has been classified into key segments and sub-segments.

By Material Type:

• Stainless Steel
• Copper
• Plastic

By End-Use:

• Logistics
• Transport

Boat Hook Market: Competitive Analysis

The report on the Boat Hook market report offers a detailed analysis of some of the leading players operating in the market. It examines the impact of key strategies adopted by the market players, which include product launches, expansion of distribution channels, leveraging local networks, strategic mergers & acquisitions, and others.

Key players covered in the report include:

• Davis Instruments
• Shurhold Industries
• SwiTec
• Henssgen Hardware
• Samco Sales, Inc.
• Shang Hai Orange Metal Products Co., Ltd.
• DEYUAN MARINE CO., LTD.
• Decorstainless International Co., Ltd.
• Zhenjiang Longyear Marine Equipment Co., Ltd.
• Lexco Cable Manufacturers
• Wichard Inc.
• C. Sherman Johnson Co. Inc.

Critical Questions Answered in the Report

• Which are the top manufacturing companies operating in the Boat Hook market?
• What will be the future outlook of the Boat Hook market in the upcoming decade?
• Which are the some of the lucrative markets for Boat Hook market?
• Which factors will drive the Boat Hook market growth?
• What are the challenges faced by the prominent players of the global Boat Hook market?

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About 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:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

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According to study, the on- board fuse box market is projected to witness growth of over 5% CAGR during the forecast period 2021- 2031. Demand for On- Board Fuse Box will witness steady recovery in short-term period. The market for fuse box will witness a high growth due to high growth in the automotive industry. Fuse boxes are installed compulsorily in cars for protection which is one of the most important factor expanding the fuse box market in the forecast period.

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What is Driving Demand for On-Board Fuse Box?

On- Board Fuse Boxes are basically used in Passenger cars, Commercial vehicles, Metro, Monorails, Tramway and Electrical buses to protect electrical circuits from damage. They also withstand shocks and vibrations as well as protect the circuits from fire and smoke in case of emergency. Fuse Boxes are installed to protect the electrical circuits in vehicles which is one of the important factor driving the sales of automotive fuse boxes in the forecast period.

Over the forecast period, the market is likely to grow because of increasing number of on- road vehicles and the mandatory installation of fuse boxes in them. Fuse boxes are installed in vehicles to protect electrical circuits as they control the electrical currents that flow through wired to different components that are attached to it. This factor is accelerating the demand for on- board fuse boxes.

Fuse boxes are installed at different places in a vehicle. Many vehicles have two fuse boxes installed that are located in the engine compartment as well as in the interior of the vehicle mostly within the dashboard. Manufacturers provide customized fuse boxes according to the shape, dimension and cable connections of the vehicle.

Automotive Recovery Likely to Augment On-Board Fuse Box Sales

Automotive industry was badly affected due to COVID-19. Production and demand of automobiles plummeted in 2020 as many production facilities were shut down due to lockdown. This also resulted in decline in sales for passenger cars as well as commercial vehicles which negatively impacted the automotive industry.

Passenger cars are equipped with two fuse boxes that are located in different locations in a car that are protected from external elements. Increase in automotive production also impacts the automotive fuse boxes market as they are essential part of vehicle that protect the vehicle’s electrical components from any damage.

Who are the Key Manufacturers and Suppliers of On-Board Fuse Box?

Some of the leading manufacturers and suppliers of On- Board Fuse Box include Littelfuse Inc., Mersen, Apolo Industrial Corporation, Blue Sea Systems, Hella NZ, Pacific Engineering Corporation and others.

Many leading manufacturers are focusing on providing fuse boxes to protect the on- board electrical circuit. Many manufacturers design and create customized fuse boxes for various applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Key Segments

By Vehicle Type:

• Passenger Cars
• Commercial Vehicles
• Railway
• Electrical Buses

By Installation:

• Interior
• Under- hood

By Sale Channel:

• OEM
• Aftermarket

On-Board Fuse Box Market Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint.

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About 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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Electrification and autonomous mobility have the potential to be game changers for advanced driver assistance systems (ADAS) sensors market, according to a new study by Future Market Insights (FMI).

The amalgamation of the two is set to fuel an astounding 14.1% growth of the ADAS sensors market during the period 2022-2030.

Despite the recessionary headwinds of the COVID-19 crisis, FMI estimates that ADAS sensors market will outpace the overall growth in the automotive sector which is pegged at anywhere between 2%-4% in the same forecast time frame.

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FMI’s analysis suggests that tier 2 players in the ADAS sensors market landscape will benefit greatly by scaling up sensor architecture and embracing technology in analytics, UI and UX.

Greater emphasis on partnerships between OEMs and ADAS systems suppliers will be witnessed in the new-found ecosystem.

Key Takeaways of ADAS Sensors Market Study

• High repurchase rate of ADAS sensor equipped passenger vehicles will boost market prospects
• Market will see steady revenue streams from OEMs and their suppliers which will remain primal sales channels through 2030
• Park assist sensors are set to generate steady revenue streams followed by emergency braking, collision warning and cruise control

“The market will witness soaring sales with effective collaboration between semi-conductor companies and OEMs with best opportunities prevailing in new processor technology and advancements in optical semi-conductors” – says FMI analyst

COVID-19 Impact on ADAS Sensors Sales

The ongoing pandemic has brought all manufacturing activity within the automotive sector to a screeching halt. Decelerated demand for ADAS sensors along with supply chain bottlenecks have heavily impacted the European markets especially in regions such as France, Germany, Italy and Spain.

Many automotive majors and sensors’ suppliers reported a loss of revenues in the first quarter of 2020. With the pandemic showing no signs of abating, leading players of ADAS sensors opine that the market will continue to witness plummeting sales and decelerated demand through the remaining quarters of 2022. Our estimates suggest that vehicle manufacturing is set to fall by as much as 50% in 2022, beholding bleak prospects for the ADAS sensors market in the near term.

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ADAS Sensors Market: Segmentation

By Product Type

• Blind Spot Detection
• Night Vision Sensors
• Light Sensors
• Parking Sensors
• Cruise Control

By Vehicle Type

• Passenger Cars
  • Compact
  • Midsize
  • Luxury
  • SUVs
• Commercial Vehicles
• Heavy Commercial Vehicles

By Sales Channel

• Original Equipment Manufacturer (OEM)
• Original Equipment Spares (OES)
• Independent Aftermarket (IAM)

By Region

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

Photonic Technologies in LIDAR to Herald a New Era in Autonomous Mobility

Within the fleet and commercial vehicle space there has been proliferation of new technologies. Besides conventional radar and LIDAR sensors, advanced photonic technologies have become the primary enablers in order to achieve very high levels of autonomous control.

MEMS mirrors, and photo detectors and silicon photomultipliers and new photodiodes are novel innovations in the LIDAR system designs helping to better perceive and understand the environment.

These accurate and affordable new designs are augmenting conventional radars and LIDAR for more comprehensive 3D detection.

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About 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:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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Future Market Insights’ (FMI) recently published report on the global two wheeler suspension system market provides an unbiased yet exhaustive coverage on prevailing growth trends for the 2020-2030 forecast period. The study opines that the decline in demand for two wheeler suspension systems will be offset in the next couple of years due to growing preference toward personal mobility over public transport.

Despite COVID-19’s recessionary impact in the current year, manufacturers anticipate a surge in growth prospects, attributed to growing incidence of two-wheeler ownership, including scooters, bicycles and motorbikes. Hence, demand for suspension systems is likely to remain sustained in the remainder of the short-run forecast.

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Key Takeaways

• Global two wheeler suspension system market to register 4.4% value CAGR through 2030
• Mono shock rear suspension systems to surpass half-a-billion-dollar mark by 2020-end
• By vehicle type, motorcycle suspension systems to generate nearly 60% revenue by 2021
• Aftermarket sales to generate significant growth opportunities in the upcoming forecast period
• South Asia & Pacific to emerge as an attractive investment destination, with India emerging as a potential cash cow

“Increased investments in motorbikes due to their easy maneuverability and high fuel economy are anticipated to propel the two-wheeler suspension systems market forward, especially in emerging markets,” opines the FMI analyst.  

COVID-19 Impact Analysis

The COVID-19 pandemic has massively disrupted the global automotive industry, leading to major supply chain impediments and decline in production targets due to government imposed shutdowns. This has significantly impacted growth prospects for the two wheeler suspension system market.

However, recent months have proven favorable for market growth. In India, for example, wholesale dispatches from two-wheeler companies to domestic market expanded by 14% in September 2020, attributed to inventory refilling by OEMs in wake of stabilizing supply chains.

Likewise, production cycles across other markets are gradually reverting to normalcy. However, while growth is expected to remain positive, sluggishness is expected to prevail until 2021-end, as manufacturers grapple with addressing vast supply-demand disequilibria.

Competitive Landscape

The global two wheeler suspension system market is interspersed with the presence of numerous regional and global level players. Some prominent players include Showa Corporation, ZF Friedrichshafen AG, KYB Corporation, Endurance Technologies Limited, Gabriel India Limited, BMW Group, WP Suspension GmbH, Ohlins Racing, Duro Shox Private Ltd and Nitron Racing Shocks.

A combination of strategies, ranging from acquisitions, collaborations, capacity expansions and product launches characterize the aforementioned players’ expansion tactics. For instance, in May 2020, Endurance Technologies acquired a 100% stake in Italian company Grimeca for acquiring its braking solution business.

Around the same time, ZF Friedrichshafen AG closed its acquisition of WABCO in order to expand its commercial vehicle technology business, with the latter functioning as an independent unit of the company.

Regarding product development, WP Suspension GmbH announced the launch of its WP XPLOR 6500 Cartridge motorbike, equipped with a closed cartridge technology, providing reduced cavitation risk and high longevity to the ride.

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Key Segments

Product Type

• Telescopic Front Suspension
• Rear Suspension
• Mono Shocks
• Dual Shocks

Vehicle Type

• Motorcycles
• Scooters
• Mopeds

Sales Channel

• OEM
• Aftermarket

Region

• North America (U.S & Canada)
• Latin America (Brazil, Mexico & Rest of Latin America)
• Europe (Germany, Italy, France, U.K, Russia, Spain & Rest of Europe)
• East Asia (China, Japan & South Korea)
• South Asia & Pacific (India, Thailand, Indonesia, Malaysia, Oceania & Rest of South Asia & Pacific)
• Middle East & Africa (GCC, Turkey, Northern Africa, South Africa & Rest of MEA)

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About 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:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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