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Repetitive transcranial magnetic stimulation is a non-invasive procedure which accounts for brain health procedure. Procedure involves magnetic stimulation to stimulate nerve cells present in brain to improve symptoms of irregular pulses.

The device comprise of an electromagnetic coil which delivers continuous magnetic pulses to stimulate nerve cells. Repetitive transcranial magnetic stimulation is primarily meant as a non-invasive procedure for treating depression.

Unlike other contemporary solutions like deep brain stimulation and vagus nerve stimulation which are invasive in nature, repetitive transcranial magnetic stimulation comes out to be the most certain of the lot. A session of repetitive transcranial magnetic stimulation typically takes around 30 minutes and is given on consecutive times for optimum results.

The procedure does not require any anaesthetic or sedation and comes as a procedure with minimal effects on brain memory. Standard treatment for depression includes prescribed drugs which are not suitable for most of the cases, but repetitive transcranial magnetic stimulation is suitable in most cases and recommended for patients responding negative to depression drugs.

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Repetitive transcranial magnetic stimulation Market: Drivers and Restraints

Repetitive transcranial magnetic stimulation procedure is rarely used for other cases than depression. But cases of depression reported due to social changes is in huge numbers, which gives a clear opportunity for the repetitive transcranial magnetic stimulation manufacturers to build something on this space.

The first FDA approved repetitive transcranial magnetic stimulation device came in October 2008, researchers have found the best solution in order to limit the effects of depression. Studies from functional MRI and EEG shows recording of the repetitive transcranial magnetic stimulation device which triggers same node present in the brain responsible for depression.

Also due to lack of resources and a rising middle class population tends to limit the expensive procedure to cure a mental health problem. Social differences allow very less percentage of affected population to be cured through this procedure, a majority part of people go for medication to cure their mental health issues than sustainable and effective procedure of repetitive transcranial magnetic stimulation.

The market for repetitive transcranial magnetic stimulation is restricted regarding their use, low healthcare expenditure in developing regions, costs considerations, etc. Though, the procedure would significantly decrease global head counts of people suffering from mental health issues like depression.

This if taken into serious account would drastically help those in serious conditions of depression.

Repetitive transcranial magnetic stimulation Market: Overview

The global market for repetitive transcranial magnetic stimulation is consolidated with few players operating in the global space. Market would increase with increase in understanding among patients and manufacturers entering in the market.

Depression leads too many unwanted choices and procedure like this needs to be pushed into the market where it is not present and create a social platform to market these with affordability and positive result.

Repetitive transcranial magnetic stimulation Market: Regional Wise Outlook

Geographically, the Repetitive transcranial magnetic stimulation Market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding China and Japan, Japan, China, Middle East and Africa.

The North America account for a significant market share owing to extensive use of medication and cancer programs being initiated. Additionally, the fastest uptake of new methods in the US drives the repetitive transcranial magnetic stimulation market.

Western Europe is the second largest market in the world due to high income and healthcare penetration. Asia Pacific region is expected to grow rapidly and China and India are likely to lead this market due to fast growing healthcare sector during the forecast period for Repetitive transcranial magnetic stimulation market.

China is expected to take a progressive step in the market for global repetitive transcranial magnetic stimulation market throughout the forecast period due to its reformed healthcare policies and public initiatives to cut down the prevalence rate of indications.

Demographic changes in respective countries show different landscape for repetitive transcranial magnetic stimulation market, where the volume of such procedures is more in developed countries as compare to countries in Latin America and Africa.

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Repetitive transcranial magnetic stimulation Market: Key Players

Some of the major players in the global repetitive transcranial magnetic stimulation market are The Magstim Company Limited, Medicaid Systems, MAG & More GmbH, and Neuronetics. Technological advancements tend to help emerging the global repetitive transcranial magnetic stimulation market.

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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Cancer-Focused Genetic Testing is prescribed by the physician to the patient who has history of cancer in their family. The risk of cancer in the future is diagnosed by performing the Cancer-Focused Genetic Testing. A panel test is performed for Cancer-Focused Genetic Testing to check the mutation of the gene.

Cancer-Focused Genetic Testing is always performed under the supervision of a genetic specialist. To perform the genetic testing, a blood sample is taken to perform the panel test and diagnose the mutation in the gene. There are two group of people who require to perform the Cancer-Focused Genetic Testing.

Group one people include the patient who does not have cancer but some of their family members have a history of cancer. Group two include the patient who already has cancer and want to know that is cancer occur due to the genetic mutation.

Cancer-Focused Genetic Testing Services Market: Drivers and Restraints

The rising prevalence of cancer is the primary factor driving the growth of Cancer-Focused Genetic Testing Services market over the forecast period. The change in the lifestyle of people is responsible for the increasing prevalence of cancer which will ultimately upsurge the growth of Cancer-Focused Genetic Testing Services market.

Moreover, increasing awareness among the people about personal health and also the launch of a various awareness campaign by NGO has propelled the growth of Cancer-Focused Genetic Testing Services market. Also, the availability of a various easy method for Cancer-Focused Genetic Testing will also increase the demand for Cancer-Focused Genetic Testing Services market over the next decade.

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On other hand, very few people suffer from cancer due to genetic mutation which can deter the growth of Cancer-Focused Genetic Testing Services market. Also, less preference of people in under developing economies toward the genetic testing will also hamper the growth of Cancer-Focused Genetic Testing Services market.

Cancer-Focused Genetic Testing Services Market: Market Overview

The change in lifestyle which increases the incidences of cancer is responsible for the exponential growth of Cancer-Focused Genetic Testing Services market over the forecast period. Only 5-10% of cancer cases are related to the genetics which may decline the importance of Cancer-Focused Genetic Testing Services.

In general, Cancer-Focused Genetic Testing can be done by two methods i.e. chromosome testing and DNA testing. Chromosome testing of done to analyze the single mutation while the DNA testing is done to analyze the multiple mutations in the gene.

The DNA testing can be done by two methods i.e. direct DNA testing and indirect DNA testing. Cancer-Focused Genetic Testing is most common perform to diagnose breast cancer and colorectal cancer. Among all service provider in Cancer-Focused Genetic Testing Services market, hospital segment is expected to dominate the market share in term of value.

Cancer-Focused Genetic Testing Services Market: Regional Overview

Based on the regional presence, Cancer-Focused Genetic Testing Services market is classified into eight key regions viz. North America, Latin America, Europe, APECJ, China, Japan, Middle East and Africa. North America region is expected to gain major market share in term of value due to the high acceptance of Cancer-Focused Genetic Testing Services in U.S. and Canada.

The Cancer-Focused Genetic Testing Services market is then followed by Europe and Japan owing to high awareness among the people about the genetic testing. The APECJ and China are anticipated to grow at a greater pace over the forecast period due to high patient pool suffering from cancer.

Among all the region, Latin America and Middle East and Africa is the least lucrative for Cancer-Focused Genetic Testing Services market due to less acceptance of genetic testing and low awareness among the people about the cancer diagnostics.

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Cancer-Focused Genetic Testing Services Market: Key Players

Some of the key players found across the value chain of Cleveland Clinic, Fortis Healthcare, KIMS Hospitals, Rush University Medical Center, The Johns Hopkins Hospital, Bridgeport Hospital, Bridgeport Hospital, Greenwich Hospital, Lawrence Memorial Hospital, Westerly Hospital, Yale New Haven Hospital, Northeast Medical Group and others.

The research report on Cancer-Focused Genetic Testing Services presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

The report on Cancer-Focused Genetic Testing Services also contains projections using a suitable set of assumptions and methodologies. The research report of Cancer-Focused Genetic Testing Services provides analysis and information according to market segments such as geographies, application, and industry.

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Ingestible Thermometers are basically ingestible sensors or pills that record body temperature and heart beat data continuously and transmit this data into an external device for graphical interpretation. In general, ingestible thermometers commercially available in the market is used orally.

Ingestible thermometers are swallowed by the individuals and the data is recoded as it passes through the intestine before being excreted by the body in later hours. In the market, ingestible thermometers find applications in athletics or sports, military, gastrointestinal treatment and animal care.

Ingestible Thermometers: Market Dynamics

The global ingestible thermometers market is anticipated to have decent growth in the forecast period 2018-28. Ingestible thermometers market will be driven primarily due to the rise in the incidence of gastrointestinal disorders, rising regional economic growth leading to a sedentary lifestyle, increase in disposable income and high spending.

Over the years, developments in sports medicine requiring instant internal body behavior data of athletes will also drive the growth of the ingestible thermometers globally.

Ingestible thermometers have wide use in other applications such as in anesthesia and post-surgical follow-up, ambulatory surgeries requiring monitoring temperature continuously, in disease diagnostics and in tropical medicine for faster management of pandemics.

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Dealing with the side effects, the devices are also being used in treating immunosuppressed patients or during follow-up of chemotherapy treatments. Ingestible thermometers can also be fully alternative tools for rectal or esophageal probes, which are invasive, generate stress, mostly uncomfortable and limit the patient’s mobility.

However, with so many applications and increase usage, the global ingestible thermometers market lacks competitiveness as the product is manufactured by the only handful of companies.

Ingestible Thermometers Market: Overview

The ingestible thermometers market have grown exponentially since its inception in the early 1980s. Global estimates for the market reflects several factors. Complex surgical procedures are the main drivers behind the growth of these devices.

The ingestible thermometers have taken longer strides since its commercial operation. As the economic landscape of health care getting competitive day by day, ingestible thermometers are becoming increasingly valuable as it frees up time for other work.

Current market trends are focused in developing ingestible thermometers that can be safe and efficient enough to solve many gastrointestinal disorders. Additionally, it can also fast enough to send intestinal data before it gets excreted by the body.

As silicone coated ingestible thermometers sensors are increasing in popularity, there will be tremendous opportunity for the manufacturers in the market to develop and manufacture simple but effective ingestible thermometers in future due to the readily available silicone based raw materials.

Ingestible Thermometers Market: Region-wise Outlook

North America is anticipated to account for the largest share in global ingestible thermometers market. The region’s ingestible thermometers market will primarily be driven due to rise in obese population and advanced product lunches by leading manufacturers in the region.

Western Europe with its highly robust healthcare infrastructure, is anticipated to drive the ingestible thermometers market in this region. Ingestible thermometers, being one of the high-tech products, are being used in sports performance improvement, medical research and to monitor internal human body condition to extreme environments.

Besides these technologies have also been used in European region in Space Stations. Asia Pacific region and Latin American countries are anticipated to be significant market contributors to the ingestible thermometers market.  Additionally, advancements in silicone based coated sensors or pills by leading manufacturers in the region have also fueled the growth of ingestible thermometers mainly due to liberal healthcare polices and trade implications.

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Ingestible Thermometers Market: Key Players

Some of the key players present in global ingestible thermometers market include HQ Inc, BodyCap, and Koninklijke Philips N.V. These are the only manufactures who currently lead the global ingestible thermometers. With sophisticated and dedicated research center, these players are anticipated to develop more advanced versions of the devices having better efficacy.

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Parasomnia is a sleep disorder in which unwanted events occur while the patient is in sleep. It includes abnormal movements, behaviors or dreams. Also, it becomes difficult to sleep at night. The patient will have no memory of what has occurred.

Parasomnia occurs in combination with sleep or stages of sleep. It includes various activities such as sleep-walking, sleep terrors, confusional arousals, sleep eating disorders, sleep paralysis, nightmares, sleep hallucinations, bed walking and sleep talking.

Parasomnia treatments include medications, exercise, and therapies. Almost 18% of the population is affected by sleepwalking. The disease parasomnia is more common in children of 11 to 12 years of age than in adolescents and adults.

Also, boys are expected to suffer more than the girls. However, it can occur due to genetic tendency also. The disease is prevailing between the ages 8 to 12 year but can continue into adulthood. Also, good sleep routines and avoiding sleep deprivation will help in reducing the prevalence of events and help in parasomnia treatment.

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Parasomnia Treatment: Drivers and Restraints

Parasomnia Treatment is increasing due to increase in lifestyle changes such as anxiety, depression, and alcohol and drug abuse. According to the Cleveland Clinic organization the sleep disorder, may run in families, and can occur in up to 3% of adults.

Consumption of alcohol and strong emotional tension can increase the incidence of night terrors among adults. With the increasing awareness among patients and their parents parasomnia treatment can be treated.  Parasomnia treatment along with right medications and reassurance, modification of sleep environment and cognitive therapy can prove to be effective.

However if parasomnia treatment is not given at right time it can result in injury of the patient during sleep. Moreover with the rise in the healthcare expenditure and development of new drugs for the patients are driving the Parasomnia Treatment market. With its continued investment the parasomnia treatment market offers potential and holds a strong perception in future.

Parasomnia Treatment: Regional Outlook

North America is predicted to be the leading region in the global Parasomnia Treatment market followed by Europe, due to strict regulations for patient care and safety.  As the disease occurs mostly in children. According to national sleep foundation 10% of Americans suffer from parasomnia.

The Parasomnia treatment market in Asia Pacific is expected to grow at a significant rate due to change in the lifestyle. Also, various healthcare initiatives and plans by the government in the region are providing better healthcare facilities to the population which is further contributing to the growth of the Parasomnia Treatment.

The availability of new drugs and R&D in regions such as Asia Pacific and Latin America further are expected to spur the growth of the Parasomnia Treatment market during the forecast period.

Parasomnia Treatment Market: Key Players

Examples of some of the key players identified in the global Parasomnia Treatment Market are Teva Pharmaceutical Industries Ltd., Intas Pharmaceutical Ltd., Alpa Laboratories Ltd., Svizera Healthcare, Sun Pharmaceuticals Industries Ltd., APOTEX INC, AUROBINDO PHARMA LTD, Torrent Pharmaceuticals Ltd. Sandoz International GmbH, Cadila Pharmaceuticals, Lupin Limited, Anuja Healthcare Limited, Pfizer Inc., Arbor Pharmaceuticals, LLC. and Cipla Limited among others.

The companies are involved in partnerships for R&D in order to exploit maximum potential. Also, they are majorly focusing on strengthening the core skills of their product portfolio. The manufacturers are reviewing and making efforts by increasing the efficiency of drugs with their parasomnia treatment.

Key data points covered in report

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The report covers exhaustive analysis on:

• Parasomnia Treatment Market by types of parasomnia, Treatment type, distribution channel and region
• Regional level market analysis of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East & Africa by end user and country segments
• Parasomnia Treatment Market Dynamics & Opportunity Assessment
• Historical Actual Market Size, 2013 – 2017
• Parasomnia Treatment Market system market Size & Forecast 2018-2028
• Parasomnia Treatment Market Current Trends/Issues/Challenges
• Competition & Companies involved

Parasomnia Treatment Market: Segmentation

Tentatively, the global Parasomnia Treatment Market can be segmented on the basis of types of parasomnia treatment Type, distribution channel and geography.

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3D-printed prosthetic implants are the identical body part which are designed using 3D printed technology. 3D scanning and printing is latest sci-fi technology which is used in various medical application such as designing the 3D-printed prosthetic implants. 3-D scanner used for designing the 3D-printed prosthetic implants provide three dimensional data quickly and accurately.

Along with 3-D scanner, 3D custom-made medical devices are used to create anatomical model of 3D-printed prosthetic implants.  3-D printed technology also allow to design the 3D-printed prosthetic implants that fits to the anatomy of each patients.

But, the 3D-printed prosthetic implants are well suited for specific diseases and pathologies. Also, the use of 3D-printed prosthetic implants have high rate of complications. The major application of 3D-printed prosthetic implants replace the damaged human body part, but nowadays 3D-printed prosthetic implants are also used for the treatment of hearing loss.

3D-Printed Prosthetic Implants Market: Drivers and Restraints

The primary factor driving the growth of 3D-printed prosthetic implants market is rising number of trauma cases and accidental injuries. Moreover, the introduction of 3D-printed prosthetic implants for the orthopedic application propel the growth of 3D-printed prosthetic implants market.

Also, the advantage of 3-D printed technology to design the 3D-printed prosthetic implants as per patient anatomy has boost the demand for 3D-printed prosthetic implants. Additionally, rising focus of leading manufacturer of 3D-printed prosthetic implants to collaborate with hospitals and rehabilitation centers will boost the growth of market.

On other hand, inadequate reimbursement coverage for the treatment of accidental cases may hamper the growth of 3D-printed prosthetic implants market. Also lack of awareness among people about the advance technologies of prosthetic implants will deter the growth of 3D-printed prosthetic implants market.

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3D-Printed Prosthetic Implants Market: Overview

Currently, 3D-Printed Prosthetic Implants have not gained the complete traction in market though the medical devices and scanner used to design the 3D-printed prosthetic implants is not available in majority of developing economies.

But the initiative by leading manufacturer to collaborate with hospitals and rehabilitation center may rise the demand for 3D-printed prosthetic implants over the next decade. Polypropylene and polyethylene material is used for most widely for designing the 3D-Printed Prosthetic Implants, hence these segment collectively will gain majority of market share in term of revenue for global 3D-Printed Prosthetic Implants.

3D-Printed Prosthetic Implants Market: Regional Overview

North America is the most lucrative market for 3D-Printed Prosthetic Implants due to the increasing number of accidental injuries. After North America, 3D-Printed Prosthetic Implants market is then followed by Western Europe and Japan due to the increasing adoption of 3D-Printed Prosthetic Implants.

APECJ and Eastern Europe is the fastest growing region of global 3D-Printed Prosthetic Implants market, India and Australia are the major markets for 3D-Printed Prosthetic Implants in APECJ due to rising awareness among the people about 3D-Printed Prosthetic Implants. The MEA and Latin America are expected to show relatively low adoption for 3D-Printed Prosthetic Implants owing to due lack of awareness among the patient.

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3D-Printed Prosthetic Implants Market: Key Players

Some of the key players found across the value chain of 3D-Printed Prosthetic Implants Xilloc Medical B.V., Materialise, 3D Systems, Inc, 3D LifePrints Lmt. axial3D Ltd., GE Healthcare, Canon Inc., Neusoft Medical System, Koninklijke Philips N.V., and Siemens Healthineers

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 market segments such as geographies, application, and industry.

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Over the forecast period of 2022-2032, the driver monitoring system market is expected to grow at a CAGR of 7.5% to reach a valuation of US$ 8,770.9 Mn by 2032.

The driver monitoring system market will gain from the surging demand implementation of stringent regulations mandate the use of advanced technology like driver monitoring system to prevent unforeseen road accidents. The fundamental technologies for this system are still lidar and camera sensors. As a result, in terms of technology type, infrared and camera sensors account for roughly 70 percent of the DMS marker.

An increase in road-safety awareness as a result of an increase in various on-road incidents caused by the negligent or distracted driving is the primary driver for the driver monitoring systems (DMS) market. According to a report released by the World Health Organization (WHO) in 2020, road accidents claim the lives of approximately 1.35 million people each year.

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DMS are essential for Level 3 and 4 self-driving or autonomous vehicles, which require drivers to re-engage and ready to control the vehicle at vital points during the trip. Increase in Autonomous vehicle as well as regulation governing them, is estimated to create lucrative opportunities for the market in the forecast period.

Key Takeaways from Market Study

• By technology type, infrared sensor sales are expected to grow at a CAGR of 6% in the global market.
• By vehicle type, the passenger vehicle segment will dominate the market with more than 76% of the market share.
• By sales channel, the OEM segment will lead the Driver Moniitoring System Market and is anticipated to create an absolute dollar opportunity worth US$ 4 Bn
• In terms of region, North America is predicted to exhibit a CAGR of 5%.

“Increasing implementation of stringent road safety regulation coupled with growing awareness regarding importance of driver alertness while driving will create the crux of opportunities in the market,” says a Future Market Insights analyst.

Key Segments Covered in Driver monitoring system Industry Analysis

Driver monitoring system Market by Technology :

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

Driver monitoring system Market by Sales Channel :

• OEM
• Aftermarket

Driver monitoring system Market by Vehicle Type :

• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Driver monitoring system Market by Region :

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

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Driver Moniitoring System Market Competitive Landscape

Among the industry’s key players are

• Continental AG
• ZF Friedrichshafen AG
• Mobileye
• Aptiv Plc
• Veoneer Inc.
• Valeo SA
• Magna International
• Aisin Seiki Co., Ltd
• Texas Instruments Incorporated
• NXP Semiconductors N.V
• Renesas Electronics Corporation
• Intel Corporation
• Hitachi, Ltd. and others

Manufacturers are strategically collaborating with technology partners for long suplly relation and to intrigate a central control unit for different ADAS technologies.

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Summary:

The research report analyses the market demand trend for driver monitoring system. The global market is based on COVID-19 impact, macroeconomic factors, market trends & market background. As per Future Market Insights’ research scope, the driver monitoring system market report is studied and analyzed in the following segments such as by technology type, sales channel, vehicle type & regions. The driver monitoring system market report gives us qualitative and quantitative information about the companies.

About FMI – Automotive and Transportation

The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sector. Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behavior.

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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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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According to a new study of Future Market Insights (FMI), the automotive remote diagnostics market is projected to record a CAGR of nearly 18% through 2028. Growth of the automotive remote diagnostics market will continue to remain bolstered by a plethora of factors, which range from increasing focus of automakers on reducing maintenance cost & downtime and growing integration of IoT, to the emergence of connected car eco-systems in vehicles.

Automotive remote diagnostics market are slated to top US$ 11.6 Bn in 2022. Expanding at an impressive 18.9% CAGR, the market size is projected to total US$ 32.9 Bn by 2028.

Automotive remote diagnostic solutions have gained pervasive popularity among automakers and vehicle owners alike, in light of the value-added advantages of the technology. Reduced maintenance and service downtime, along with the identification of the bottlenecks beforehand, and enabler of on-point, efficient solutions, are some of the key benefits of the automotive remote diagnostics that are driving their demand.

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Additionally, attributes of the automotive remote diagnostics, beneficial for vehicle owners, in terms of identifying potential downturns, defects, and shortcomings of the vehicle in advance, and reducing the total time and cost spent during maintenance, are further expected to drive growth of the automotive remote diagnostics market.

The upward trend of vehicle electrification has had a massive and direct influence on growth of the automotive remote diagnostics. Additionally, recent rise in the connected-car ecosystem, along with the proliferation if IoT and connected devices in the automotive industry, will continue to favor growth of the automotive remote diagnostics market in the foreseeable future.

Automotive Remote Diagnostics Equipment to Account for Leading Market Shares

While equipment and software both form integral parts of an automotive remote diagnostics, the study finds that equipment will continue to account for leading shares of the market, owing to associated periodical replacement and maintenance activities. On the other hand, software are installed in the equipment as first fit, and are renewed on the basis of subscriptions. This further alludes high-growth potential of software solutions in the automotive remote diagnostics market.

Automotive remote diagnostics market will continue to witness robust gains from the light commercial vehicles, compared to other vehicle categories. As the logistics and transportation sector gains increased traction, vis-à-vis growth of the ecommerce and warehousing industry, light commercial vehicles are expected to record relatively greater sales compared to their past statistics. This will create significant opportunities for players in the automotive remote diagnostics market.

Automotive remote diagnostics are expected to witness high demand in vehicle system & component access, and health tracking & diagnosis applications. These application requirements are comparatively higher in commercial vehicles, and with the rise in construction and infrastructure development activities, demand for the commercial vehicles, and in turn the automotive remote diagnostics will also rev up in the near future.

Europe to Remain Most Attractive Market for Automotive Remote Diagnostics

The study finds that Europe will continue to be the most lucrative market for automotive remote diagnostics, trailed by North America. The economic vigor and robust infrastructure development activities in the region allude at significant sales of commercial vehicles, along with passenger cars, which in turn continue to drive demand for advanced solutions such as the automotive remote diagnostics. According to the study, East Asia will also remain an attractive market for automotive remote diagnostics, with sales projected to grow at a CAGR of over 20% through 2028.

The automotive remote diagnostics market continues to remain consolidated, with leading players accounting for bulk shares of the market. Additionally, the complexity and extensive R&D investments required to provide a total solution continue to present significant entry barriers to new market entrants, which further underpins the supremacy of leading players in the automotive remote diagnostics market.

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AUTOMOTIVE REMOTE DIAGNOSTIC MARKET TAXONOMY

The global automotive remote diagnostics market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach in front of the reader.

By Product Type

• Equipment
• Software

By Vehicle Type

• Passenger Cars
• Compact
• Mid-Sized
• Luxury
• SUVS
• Light Commercial Vehicles (LCVs)
• Heavy Commercial Vehicles (HCVs)

By Application

• Vehicle System & Component Access
• Vehicle Health Tracking & Diagnosis
• Service Assistance

By Region

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

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Key players operating in the automotive remote diagnostics market include Robert Bosch GmbH, Tech Mahindra Limited, Continental AG, OnStar LLC, Vector Informatik GmbH, Transics, Verizon, ACTIA Group, Softing AG, Magneti Marelli S.p.A., IBM, and Harman International, among 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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Top Companies Covered in Compact Wheel Loaders Market are Caterpillar, Inc., Komatsu Ltd., Deere & Company, Doosan Corporation, and Volvo Construction Equipment.

NEWARK, Del: Compact wheel loaders are utilized in several industries to load materials from one place to another. They are majorly used in the construction industry, where they are a stepping-stone between skid steer and large wheel loaders. In addition, compact wheel loaders are used in the agriculture, industrial, and utility sectors. Increasing preference towards electric compact wheel loaders to attain zero carbon emission is propelling the growth of the compact wheel loaders market. According to a new research report published by Future Market Insights (FMI), the compact wheel loaders market is estimated to reach a valuation of US$ 6.64 Bn by 2029.

Key Takeaways of Compact Wheel Loaders Study

1. Latin America, Oceania, and South Asia are estimated to grow at a significant pace, owing to ongoing construction activities and infrastructural investments in these regions.
2. Several advantages such as better maneuverability, lifting abilities, and multiple attachments compatibility are broadening the adoption of compact track loaders.
3. Construction activity is anticipated to remain the foremost application in the global market, and hold the dominating market share throughout the forecast period
4. Key market players are focusing on launching new products driven by advanced technologies to gain a competitive advantage in the global compact wheel loaders market landscape.
5. The ongoing global COVID-19 health crisis is estimated to negatively impact the overall construction equipment market, due to prolonged inactivity in the construction industry, interrupted fund flows for operations, and overall delays in construction project timelines.
6. As a preventive measure against the COVID-19 crisis, a majority of manufacturers are prioritizing workforce safety and are shutting down most of their production plants for a limited time duration.
7. In certain regions, the construction equipment industry is facing challenges of complying with strict standards. These standards require manufacturers to invest heavily in new technologies, thus shrinking their returns on investments (ROI).

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 “Realizing a gradual decline in worldwide demand, players are limiting the production of compact wheel loaders to avoid the overstocking of products. Market participants need to develop robust production strategies in order to reduce risks of opportunity loss to their companies.”

• Base Year – 2022
• Historical Period – 2017-2021
• Forecast Period – 2022-2029
• Market Value in 2022 – US$ 5.27 Bn
• Segments Covered – Product, Application, and Region
• Regions Covered – North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa
• Growth Drivers
  • Investment upheaval in construction projects
  • Rising shift towards electric compact wheel loaders
  • Leading players are focusing on developing tech-advanced compact wheel loaders

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COMPACT WHEEL LOADERS MARKET TAXONOMY

The global compact wheel loaders market is segmented in detail to cover every aspect of the market and present complete market intelligence to the readers.

Product

• Compact Track Loaders
• Skid Steer Loaders
• Backhoe Loaders
• Wheeled Loaders

Application

• Construction
• Agriculture & Forestry
• Industrial
• Utilities

Region

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

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

1.5. Global Construction Equipment Industry Overview

1.6. What Market Participants are Saying

1.7. Key Conclusions and Market Insights

1.8. Pricing Analysis by Key Brands

1.9. Pricing Analysis by Region

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Advantages of Compact Wheel Loaders

2.4. Parent (Construction Equipment) Market Overview

3. Key Market Trends

3.1. Key Trends/Developments

3.2. Technology/Development Roadmap

4. Key Success Factors
5. Global Compact Wheel Loaders Market Demand Analysis 2014-2021 and Forecast, 2022-2029Historical Market Volume (Units) Analysis, 2014-2021

5.1. Current and Future Market Volume (Units) Projections, 2022-2029

5.2. Y-o-Y Growth Trend Analysis

TOC continued..!

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Compact Wheel Loaders Market: Competitive Landscape

The compact wheel loaders market is consolidated, owing to the presence of a limited number of manufacturers across the globe.

• Caterpillar, Inc.
• Komatsu Ltd.
• Deere & Company
• Doosan Corporation
• Volvo Construction Equipment

Are the leading players in the compact wheel loaders market. Top 5 players account for over 40% share in the global market. Introduction of technologically-advanced products while adhering to stricter environmental regulations is among the key strategies being adopted by prominent manufacturers, worldwide.

Rising Preference towards Electric Compact Wheel Loaders to Attain Zero Carbon Emission

Governments across the globe are enacting stringent regulations in an effort to reduce carbon footprint. Electric compact wheel loaders curb carbon emissions by around 30% as compared to conventional construction equipment, given their advanced engine technology.

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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:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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The global adaptive cruise control market is projected to expand at 12.7% CAGR during the forecast period between 2022 and 2032, as per Future Market Insights (FMI). Adaptive cruise control (ACC) is a system designed to control the acceleration and braking of a vehicle with the use of sensors.

Growing traffic and increasing number of on- road vehicles is accelerating the demand for adaptive cruise control systems in the forecast period. Adaptive cruise control uses sensors such as radar and laser systems are integrated to ensure passenger and vehicle safety.

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Furthermore, expansion of automotive industry across the globe is driving the sales in the market. Advanced driver assistance system is essential in vehicles to help drivers. Manufacturers of adaptive cruise control systems are focusing on developing high performing sensors with wider detection range.

As per FMI, Europe adaptive cruise control market is expected to dominate the global market during the forecast period. Adaptive cruise control market in Europe is projected to top US$ 4,399.2 Mn by 2032.

“Over the assessment period, sales of adaptive cruise control systems are rising due to increasing technological innovation in advanced driver assistance system that gives high accuracy and high speed processing of vehicle.” says an FMI analyst.

Key Takeaways:

• In terms of technology, the radar sensor segment is projected to hold approximately 9% of the total market share in 2022.
• Based on sales channel, the OEM segment is anticipated to grow at 9% CAGR through 2032.
• East Asia will emerge as an attractive adaptive cruise control market globally, creating an incremental $ opportunity of US$ 2,609.3 Mn in the forecast period.
• Passenger vehicle segment is expected to reach about US$ 9,037.5 Mn by end of the forecast period.

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Competitive Landscape        

Key market participants of the Adaptive Cruise Control market elaborated in the report include Continental AG, Robert Bosch GmbH, Valeo SA, Magna International, Delphi Automotive, ZF Friedrichshafen, Aisin Corporation, Hitachi Astemo, Hella KGaA Hueck Co, KG, Pacific Industrial Co. Ltd and others.

Key players are strengthening their positions in the market by expanding their geographic presence across the globe to expand their customer base. Some of the players are also focusing on developing high performance products for vehicles by using cutting edge technologies.

Meanwhile, other players are focusing on acquisition and expansion strategies to increase their revenue. Key players are strengthening their positions in the market by expanding their production capacities across the globe.

For instance:

• In April 2021, DENSO Corporation developed advanced driver assistance system technology for Lexus LS and Toyota Mirai released in Japan.
• In Feb 2020, Continental AG announced the opening of a new manufacturing plant in US. The purpose is expansion of production capacity of radar sensors for advanced driver assistance systems and expand the company’s market position as well.

More Insights into the Global Adaptive Cruise Control Market Report

In its latest report, FMI offers an unbiased analysis of the global adaptive cruise control market, providing historical data for the period of 2017-2021 and forecast statistics for the period of 2022-2032. To understand the global market potential, its growth, and scope, the market is segmented based on technology (ultrasonic sensor, lidar sensor, radar sensor, camera sensor, infrared sensor, pressure sensor), by sales channel (OEM, Aftermarket), by vehicle type (passenger vehicles, LCV, HCV) & by region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and Middle East & Africa).

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About Future Market Insights – Automotive

The research report analyzes demand for automotive window regulators. The global vehicle market has been analyzed upon covid-19 impact, macroeconomic factors, market trends & market background. As per FMI’s research scope, the market has been analyzed on the basis of products, customers & regions. The report gives us qualitative and quantitative information on various players in this market. Also, this report tracks the market by both supply side and demand side.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S., and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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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:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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ESOMAR-certified consulting firm Future Market Insights’ (FMI) recent market survey forecasts sales of electric scooters to continue increasing between 2021 and 2031. As per the report, the market will reach US$ 8.8 Bn in 2021, leading to expansion at a healthy 9% CAGR.

Growing environmental concerns, coupled with demand for reduced costs of commute, easy commutation, and emission control are primary factors encouraging the adoption of electronic vehicles across the world. These factors also will enable the electric scooters sales to total US$ 8.8 Bn in 2021.

Growth forecasts remain positive for the market. While hindrances were likely amid COVID-19 induced restrictions, sales will recover at an impressive pace. FMI also forecasts the market to exhibit 5.5% year on year growth in 2021.

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Increasing government-backed subsidies and rising concerns regarding decarbonization will spur demand for electric scooters in the upcoming years. Rapid urbanization, coupled with growing population across the globe is fueling sales of electric scooters.

Growth prospects remains positive for upcoming years, with leading manufacturers launching hybrid and technologically advanced models of electric scooters, catering to rising consumer demand. As per FMI, the top players in the market will account for 55% of sales in 2021.

Increasing efforts to curb carbon emissions and to reduce high congestion in roads in developing countries such as the U.S. and the U.K. are boosting adoption of three-wheeled electric scooters. Convenience, stability and easy mobility offered by electric scooters is augmenting adoption in university campuses and neighborhoods increasingly.

Additionally, in emerging economies, growing preference for two-wheeler and three-wheeled electric scooters is gaining immense traction. Easy accessibility, low-costs and increased navigational abilities offered by electric scooters will keep demand for electric scooters afloat in countries including China, India and Mexico.

“Rising concerns pertaining to carbon emission and rapid urbanization will spur demand for electric scooters through the assessment period. Government initiatives to encourage the adoption of electric vehicles across the globe will emerge as chief driving factor,” says an FMI analyst.

Key Takeaways from Electric Scooters Market Analysis

• Lithium-ion batteries will dominate the battery type segment throughout the forecast period.
• Maxi electric scooter sales will witness high demand, owing to features such as stability and durability.
• Based on technology, battery-equipped electric scooters will account for maximum sales in the market.
• The U.S is anticipated to experience increasing demand for three-wheeled electric scooters in the upcoming years.
• Sales outlook in the U.K. appears to be positive with increasing adoption in tourist mobility.
• India will provide lucrative opportunities for market expansion to global players, owing to government subsidies prompting adoption of electric scooters.
• Japan and South Korea will collectively account for 8.7% of the market share.

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Competitive Landscape

Alta Motors, Ather Energy, Bajaj Auto, BMW Motorrad International, Cezeta, Energica Motor Company, Evoke Motorcycles, Hero Eco, Johammer e-mobility GmbH, KTM AG, Mahindra GenZe, Ninebot Limited, Okinawa Autotech Pvt. Ltd., Piaggio & C. SpA, ReVolt Electric Motorbikes, Xiaomi, and Yamaha Motor Company Limited are among the top manufacturers of electric scooters, as profiled by FMI.

Top electric scooter manufactures are emphasizing research and development to incorporate technological advancements in electric scooters to establish themselves as prominent players in the market. Facility expansions and new vehicle launches will remain key strategies leveraged by manufacturers in the market. For instance:

• In June 2021, Piaggio revealed technical specifications for its latest electric scooter known as ‘One’. The e-scooter will be launched in three variants, One, One+, and One Active, with a digital instrument panel and removable battery system.

• In July 2021, Xiaomi launched new Ninebot C30 electric scooter in China for teenagers and young adults looking for affordable and light-weight vehicles for easy navigation in Chinese suburbs.

Electric scooters Market by Category

By Product Type:

• Standard
• Folding
• Self-Balancing
• Maxi
• Three-Wheeled

By Battery Type:

• Li-Ion
• NiMH
• Lead-Based

By Technology:

• Plug-In
• Battery

By Region:

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

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Table Of Content

1. Executive Summary
2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

2.3. Electric Vehicles Market Overview

3. Global Electric Scooters Market Analysis Scenario

3.1. Market Volume Analysis

3.1.1. Installed Base By Region

3.1.2. Replacement Rate and Cost Tear Down Analysis

3.2. Pricing Analysis

3.2.1. Pricing Assumptions

3.2.2. Price Projections Per Region

3.3. Market Size (US$ Mn) and Forecast

3.3.1. Market Size and Y-o-Y Growth

3.3.2. Absolute $ Opportunity

3.4. Market Overview

3.4.1. Value Chain

3.4.2. Profitability Margins

3.4.3. List of Active Participants

3.4.3.1. Component Suppliers

3.4.3.2. Manufacturers

3.4.3.3. Distributors / Retailers

4. Market Dynamics

4.1. Drivers

4.2. Restraints

4.3. Opportunity

4.4. Trends

4.5. Forecast Factors – Relevance and Impact

Key Points Covered in Electric Scooters Market Survey

• Market estimates and forecast 2021-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Electric Scooters Market and how to Navigate
• Recommendation on Key Winning Strategies

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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:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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