Market Research Blog – Page 14807 – New Product Development

Growth of Automotive Cylinder Liner Market is estimated to reach ~US$ 4 Bn in 2019, and increase at a CAGR of ~4% during the projected period of 2019-2029

Future Market Insights has recently published a new market research study on the automotive cylinder liner market that Contains global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the automotive cylinder liner market and provides critical insights for the forecast period of 2019-2029. As per the key findings of the report, the global automotive cylinder liner market is expected to witness considerable growth in upcoming years due to the increasing implementation of emission norms, coupled with downsizing of engines, resulting in the increase in demand for light weight automotive cylinder liners.

The global automotive cylinder liner market is estimated to reach ~US$ 4 Bn in 2019, and increase at a CAGR of ~4% during the projected period of 2019-2029. This growth is expected to be mainly driven by the increasing demand for passenger and commercial vehicles across the globe.

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Emergence of High-Quality Automotive Cylinder Liners Expected to Drive the Market in APAC

Sales of automotive cylinder liners are directly related to the production of automobiles. China, being one of the prominent manufacturers in the automotive industry, is expected to account for a prominent share in the global automotive cylinder liner market. The emergence of innovative, high-quality, and cost-effective products is expected to drive the market growth in the region. To enhance the durability and efficiency of engine, new materials have been developed, which are more efficient than the traditionally used in cylinder liners. In addition to rising number of regional players in Asian Pacific countries including China and India, key players are targeting the region for improved customer base and increased geographical footprint. Furthermore, in India, the government provides an extensive support to farmers to purchase agricultural equipment and work more efficiently. The Indian government offers crop loans, credit schemes, and subsidized interest rates, which boost the demand for agricultural vehicles, in turn, increasing the demand for automotive cylinder liners.

Growing Electric Mobility to Impede the Market Growth

The dependency of consumers on conventional cylinder liners is now shifting. Consumers’ preference is expected to shift from conventional vehicles to electric vehicles, which is expected to create a hindrance in the growth of the automotive cylinder liner market across the globe. A large production of electric vehicles in the Asia Pacific region is supporting the penetration of electric vehicles in the fuel-driven conventional automobile market. Increasing preference for electric vehicles, which are environment friendly, safe, and easy to handle, is likely to hamper the growth of the automotive cylinder liner market in the Asia Pacific region

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Automotive cylinder Liner Market: Taxonomy

Vehicle Type

Light Duty
Heavy duty

Liner Type

Dry Liner
Wet Liner

Material Type

Cast Iron
Aluminium Alloys
Steel
Titanium

Application

Diesel Engine
Gasoline Engine

Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
MEA
Japan

Automotive Cylinder Liner Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global automotive cylinder liner market. Few examples of key players in the market are Federal-Mogul LLC, Mahle GmbH, Nippon Piston Rings Co. Ltd., ZYNP Corporation, India Pistons Ltd., TPR CO., LTD., Bergmann Automotive GmbH, Westwood Cylinder Liner Ltd., Aichi Machine Industry Co., Ltd. among others.The global automotive cylinder liner market is considered to be significantly fragmented one. Global players falling under Tier-1 category accounts for ~20% of the overall market share, whereas medium-sized and small-sized players are expected to be prominent in the global market. Tier-1 players are focusing on investing in new technology that would contribute to reduce the weight of the engine.

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Automotive Cylinder Liner Market – Key Research Findings

The global automotive cylinder liner market size in 2019 is ~US$ 4 Bn.
The automotive cylinder liner market is estimated to grow at a CAGR of ~4 % over the forecast period of 2019-2029.
Use of automotive cylinder liner in light duty vehicles is likely to result in increased market share during the forecast period.
In countries, such as India, China, France, U.K., and Spain, the growing production of passenger cars is resulting in significant growth of the automotive cylinder liner market. The APEJ region generates high demand for agriculture equipment as well as construction equipment, which is expected to scale up the automotive cylinder liner market.
Increasing use of LCVs is likely to help the global automotive cylinder liner market witness high growth during the forecast period.
Cast iron is the most preferred material for automotive cylinder liner, mainly because of its low cost and reduced weight. Additionally, hybrid liner technology serves better functionality and is being majorly adopted by manufacturers.
Prominent value and volume share of the automotive cylinder liner market is predicted to be hold by Asia Pacific excluding Japan.
Middle East & Africa (MEA) is projected to show high growth in terms of value in the global market.
Key market players as well as OEMs are expanding their product offerings by investing in research and development. To counter various situations, manufacturers are focussing on improving the durability by using hybrid materials. Through acquisitions and collaborations, big companies are entering into local markets to further improve the business.

Top Reports Related To Automotive Market Insights

Automotive Pump Market : The automotive pump market is expected to witness a significant growth in 2021, thanks to the implementation of various carbon emission norms across various countries. A study by Future Market Insights (FMI) on automotive pump market has forecast it to reach US$ 106.0 Mn by the end of 2031, growing at a CAGR of 6.1% over the forecast years (2021-2031).

Aircraft Cabin Interior Market : According to Future Market Insight’s (FMI), the global aircraft cabin interior market is forecast to grow at 2.70% in 2021, overcoming the uncertainty about market recovery and performance during a global pandemic. FMI also predicts that the aircraft cabin interior market will exceed the overall market valuation of US$ 14.5 Bn by the end of 2021.

About 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, the global financial capital, and has delivery centers in the 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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Security and Vulnerability Management Market 2022 Outlook, Current and Future Industry Landscape Analysis 2027

According to a new report published by Future Market Insights titled “Security and Vulnerability Management Market: Global Industry Analysis (2013 – 2021) and Opportunity Assessment (2022 – 2027),” the global security and vulnerability management market was valued at US$ 5,749.5 Mn in 2022 and is projected to reach US$ 20,665.9 Mn by 2027 end. The primary reasons behind this growth are the positive outlook towards escalating demand for next-generation security and vulnerability management solutions and collaboration with cloud service providers. The report on the global market for security and vulnerability management covers various market segments such as region, component, enterprise type, and vertical.

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COVID-19 Crisis Evaluation

The COVID-19 pandemic of 2020 revolutionized the digital industry in ways no one would have thought of and completely changed the way we approach technology in our lifestyles. Even before the pandemic, digitization was increasing at a rapid pace, but the pandemic boosted digitization in a very effective manner and changed the course of the digital world.

security and vulnerability management market

With lockdown restrictions across the globe, the world economy was now completely dependent on digital technology to keep it functional and operational. Enterprises and businesses across the world went completely digital, and this created major demand for online and cloud-based infrastructure to accommodate this rapid change.

As more businesses and enterprises function on the cloud, their vulnerability increases, and this subsequently drives demand for multiple security and vulnerability assessments that ensure the safety of enterprise data.

Adoption of security and vulnerability management solutions and services saw a major boost during the pandemic and is expected to follow suit in the post-pandemic era as well as instances of cyberattacks and data breaches increase due to rapidly evolving cybersecurity technologies and trends.

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Global Security and Vulnerability Management Market: Dynamics Impacting Growth

Continuous demand for cyber security solutions due to an increase in cyber attacks
Demand for remote solutions and increasing usage of cloud technologies
Continuous growth in the IT sector across the globe
Increasing number of internet users and high adoption of security and vulnerability management solutions in the healthcare industry
Continuous launching of new products and solutions

Global Security and Vulnerability Management Market: Forecast by Region

The seven key geographies of North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA have been covered in this report. In terms of value, North America is projected to be the most attractive regional market in the global security and vulnerability management market during the forecast period. However, the market in APEJ is expected to register high Y-o-Y growth rates throughout the forecast period. The market in APEJ is projected to exhibit relatively faster growth in terms of value, and is expected to register a CAGR of 13.3% over the forecast period.

Global Security and Vulnerability Management Market: Forecast by Component

On the basis of component, the global security and vulnerability management market is segmented into software and services. In 2016, the software segment was the dominant segment, valued at US$ 4,774.6 Mn, and is expected to remain dominant in terms of value throughout the forecast period. However, the services segment is expected to exhibit relatively high growth rates in terms of value and is anticipated to exhibit a CAGR of 13.6% over the forecast period.

Global Security and Vulnerability Management Market: Forecast by Enterprise Type

On the basis of enterprise size, the global security and vulnerability management market is segmented into small enterprises, medium enterprises, and large enterprises. In terms of value, the small enterprises segment is expected to increase 3.4X during the forecast period. The large enterprises segment is expected to create an incremental opportunity of US$ 8,823.4 Mn during the forecast period.

Global Security and Vulnerability Management Market: Forecast by Vertical

Vertical segmentation consists of IT and Telecom, Retail, Government, BFSI, Healthcare, Energy & Utility, Defence and Others. Among the vertical segments, the healthcare segment is projected to exhibit relatively high growth in terms of value and is expected to register a CAGR of 13.2% over the forecast period.

Global Security and Vulnerability Management Market: Key Players

Some of the significant players operating in the global security and vulnerability management market are IBM Corporation, Micro Focus, Symantec Corporation, Rapid7, Inc., Qualys, Inc., Trend Micro, Inc., Tenable, Inc., McAfee LLC, Tripwire, Inc., and RSA Security LLC (Dell EMC).

Key Questions Answered in the Report

How big is the vulnerability management market?
Which region has the highest market share in the security and vulnerability management market??
What is the projected market value of the global security and vulnerability management market for 2027?
Which prime players are mentioned in this security and vulnerability management industry survey?
What was the growth rate of the security and vulnerability management market from 2013 to 2021?

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Mass Notification Systems Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2031

As per latest mass notification systems industry analysis by Future Market Insights (FMI), market revenue will total US$ 8.8 Bn in 2021. Registering impressive growth at 18.5% CAGR from 2021 to 2031, the market valuation is expected to surpass US$ 48.0 Bn by 2031.

Future Market Insights (FMI) reports that global mass notification systems solutions generated revenue of US$ 7.6 Bn in 2020. In terms of value, services are identified as the fastest-growing segment in terms of component. It is estimated to register the highest CAGR of 22.0% over the next ten years.

Mass notification systems are intended to communicate real-time information regarding emergencies, including fire, terrorist activities, chemical spills, biological events or natural disasters with residents/peoples and alert them about what to do in response to a threat or emergency. These systems are classified as in-building, wide-area, and distributed recipient systems.

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Competitive Landscape

According to the Future Market Insights (FMI)’s industry analysis, Everbridge, IBM Corporation, Omnilert, LLC, Eaton Corporation, Honeywell International Inc., Siemens AG, and American Signal Corporation are identified as key providers and manufacturer of mass notification systems.

The Key players focuses to form new partnership & collaboration to leverage Artificial Intelligence to further advance into the next generation of mass notification systems technology solutions. This strategy can help mass notifications systems companies to serve business customers around the globe by providing mass notification platform and services to make buildings smart, safe, and sustainable.

For instance, in May 2018, Johnson Controls and Foxconn Industrial Internet collaborated to transform building data analytics through artificial intelligence and machine learning to advance smart building and smart-city technologies and achieve security and sustainability goals.

The mass notification systems manufacturer and providers are focuses on launching innovative solution and expanding its mass notification systems offerings to deliver enhanced technology as well as offer new and upgraded solutions in new markets.

For instance, in March 2018, Honeywell is expanding its line of Fire-Lite addressable fire alarm control panels to give safety professionals more options for designing small to medium-sized fire systems.

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Key Companies Profiled

Eaton Corporation Inc.
Honeywell International Inc.
Johnson Controls
Bosch Limited
Siemens
Everbridge
Motorola Solutions, Inc.
AtHoc, Inc.
AFA Protective Systems, Inc.
Alertus Technologies, LLC
American Signal Corporation

Mass Notification Systems Industry Survey by Category

By Component:

Mass Notification Systems Hardware
- Fire Alarms
- Public Address Systems
- Alert Beacons
- Duress Systems
- Others

Emergency Notification Platform
Mass Notification Systems Services
- Installation & Deployment
- Support & Maintenance
- Warning System Designing
- Emergency Response Services

By Solution:

In-Building Mass Notification Systems
Wide-Area Mass Notification Systems
Distributed Recipient Mass Notification Systems

By Application:

Emergency & Crisis Notification
Business Continuity and Disaster Recovery
Business Communication & Operations
Others

By Industry:

Military & Defense
Government & Public Sector
Industrial
Commercial
Event & Sports Venues
Critical Infrastructures
Others

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FAQs Answered in Report

What is the global Mass Notification Systems market size? The global mass notification systems market was valued at US$ 7.6 Bn in 2020, and is estimated to surge over the next ten years.
Which region is expected to showcase significant growth in the Mass Notification Systems industry? The market in South Asia & Pacific is projected to expand at the highest CAGR of 26.0% through 2031.
Which is the most attractive component of Mass Notification Systems? Mass notification systems emergency notification platform is the most attractive segment, with an estimated market share of 43.2%. However, demand for mass notification systems services segment is estimated to surge at a CAGR of 22.2%.
What is the market share of leading companies offering Mass Notification Systems? Eaton Corporation Inc. is one of the leading companies in this space. 60.0% of market share is currently covered by the top 15 players.
In which industries are mass notification systems highly integrated? The critical infrastructures sector is expected to dominate the market generating revenue of US$ 12.2 Bn by 2031, owing to increasing demand for mass notification solutions in manufacturing and energy sectors.
What is the sales forecast for Mass Notification Systems? The market size of mass notification systems is expected to be valued at US$ 48.0 Bn by 2031.
At what rate did the sales of Mass Notification Systems increase in the last five years? The market in the last 5 years (2016 – 2020) expanded at a CAGR of 14.9%.
What are the key trends impacting growth of Mass Notification Systems? The use of social media and advanced IP & broadband communication technologies, along with the emergence of connected safety solutions are some major coming trends in the mass notification systems market.
Which are the top 5 countries driving demand for Mass Notification Systems? Top 5 countries driving demand for Mass Notification Systems include the U.S., China, India, Germany, and France.
What is the North America market outlook for Mass Notification Systems? North America is the most attractive market, with the U.S. expected to account for 85.5% share in 2021.
What are the key market statistics for China and India in Mass Notification Systems? China and India were valued at US$ 641.1 Mn and US$ 334.9 Mn, respectively, in 2020, and are projected to surge at CAGRs of 19.7% and 29.9% through 2031.

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Global Gasoline Direct Injection Market is estimated to grow at an exponential rate of over 14% through the forecast period 2021 – 2031

The demand for highly fuel-efficient automotive systems and increasingly stringent emission standards implemented by governments around the world drives the growth of the gasoline direct injection market. The market is estimated to grow at an exponential rate of over 14% through the forecast period 2021 – 2031.

Adoption of gasoline direct injection systems can be largely accounted for by commercial and passenger vehicles, with major manufacturers such as Ford, BMW, Daimler, and more incorporating relevant technologies in mid to high end gasoline vehicles. Major market players are focused on research towards technology improvements.

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Fuel injector systems are estimated to hold major market share owing to the demand for high levels of precision for efficient fuel combustion. Improved control over exhaust emissions and air-fuel mixtures, and real-time monitoring of fuel regulators in terms of delivery pressure will contribute to demand in the long term. This is especially true with the increased incorporation of electronic control units in the automotive sector.

Developments in the industry covering flexibility in multiple input and output channels for better signal transfer will aid in the proliferation of gasoline direct injection systems. Particulate emission reduction research will also gain ground in the near future.

Despite high demand in the industry, market players face a number of challenges that could impact sales and revenue in the coming decade. For instance, gasoline direct injection systems are relatively cost-prohibitive owing to the use of high-pressure parts in the system. Furthermore, post combustion particulate emissions remain a challenge for manufacturers. Also, the growing popularity of electric vehicles in the automotive sector is an obstacle that is likely to hinder sales and revenue generation in the market in terms of long-term market prospects.

Key Takeaways in the Gasoline Direct Injection (GDI) Market Study

The global gasoline direct injection market will rise at around 14% CAGR between 2021 and 2031.
Rapid growth of automotive production rates in China and India, drives a relatively higher rate of growth in the industry of the Asia Pacific excluding Japan market.
Steady rise in volume of vehicle production and growing focus on maintenance and aftermarket services have been driving growth in the United States.
Following a moderate slump, sales are expected to recover in the Germany and France markets, driven by high fuel economy technologies.
Strict implementation of stage 6 emission standards in terms of new vehicle registrations drive adoption and sales of gasoline direct injection technologies in the United Kingdom.

“The global gasoline direct injection (GDI) system market is projected to witness a high growth rate during the forecast period owing to benefits such as improved engine performance, engine downsizing, high fuel efficiency, thermal efficiency, and major reductions in emission volumes, which will continue to gain traction with the imposition of increasingly stringent regulations,” says the FMI analyst.

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Key Segments

Stroke Type

2 Stroke
4 Stroke

Vehicle Type

Compact Vehicle
Mid-Sized Vehicle
Premium Vehicle
Luxury Vehicle
Commercial Vehicle
Heavy Commercial Vehicle

Sales Channel

OEM
Aftermarket

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Who is Winning?

The global gasoline direct injection market is moderately fragmented with a number of regional players contributing to the industry. Major players in the market are likely to invest extensively in new technologies and research & development efforts to consolidate their market position.

The gasoline direct injection market is expected to grow exponentially during 2021 to 2031. As a rapidly growing market, companies are likely to gain impetus from changes arising from strict emission standards and regulations being implemented around the world.

Some of the leading players include but are not limited to Delphi Automotive Plc, Continental AG, Renesas Electronics Corporation, Magneti Marelli S.p.A., Denso Corporation, Robert Bosch GmbH, Infineon Technologies AG, Eaton Corporation Plc., TI Group Automotive Systems, LLC, and STMicroelectronics NV.

Top Reports Related To Automotive Market Insights

Car Security System Market: The car security system market is expected to reach a valuation of US$ 7.60 Billion by 2021, according to the latest insights by Future Market Insights (FMI). The overall sales is expected to grow at a CAGR of 5.8% between 2021 and 2031.

Electric Scooters Market : 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.

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Penetration Testing Market 2022 Expectations & Growth Trends Highlighted Until 2027

Key players in the global penetration testing market are launching new products and increasing their business partnerships with other players. The U.S. is expected to be a key market in the global penetration testing market, due to the presence of major players in the region, an increasing number of data breaches and a rising adoption of cloud computing solutions and services. Insights such as these are included in a new report published by Future Market Insights titled “Penetration Testing Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027).” The global penetration testing market is expected to witness significant growth with an impressive CAGR of 13.9% during the forecast period of 10 years from 2017 to 2027. This growth can be attributed to the increasing usage of penetration testing solutions in various industrial verticals, and the increasing adoption of cloud based solutions and services.

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Global Penetration Testing Market: Challenges

One of the biggest challenges for penetration testing solution vendors is the extreme and growing shortage of skilled cyber security personnel to analyse and respond to incidents of cyber threats
There are many multinational companies in North America, especially in the United States, who are looking to build multinational conferencing facilities. Such companies normally face challenges such as unauthorised access to the company’s bridge and network
Small businesses have smaller IT budgets, and consequently spend less on penetration testing and other cyber security solutions. The lesser adoption of penetration testing solutions in small enterprises is one of the major challenges for the penetration testing market
Lack of knowledge and awareness about the usage of cyber security solutions such as penetration testing, network testing, and firewalls is another big growth restraint in the penetration testing market

Global Penetration Testing Market: Key Players

IBM Corporation, Rapid7, Inc., Microfocus, Qualys, Inc., Synopsys Inc., Core Security SDI Corporation, Whitehat Security, Trustwave Holdings, Inc., Checkmarx.com LTD, VERACODE, Inc., Secure Works Inc., Acunetix, Contrast Security, and Paladion Network Private Limited are some of the key companies operating in the global penetration testing market.

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Global Penetration Testing Market: Segmental Analysis and Forecast

By type, the global penetration testing market is segmented into network penetration testing, web application penetration testing, mobile application penetration testing, social engineering penetration testing, and cloud infrastructure penetration testing. Among the type segments, the web application penetration testing segment dominated the global penetration testing market with a 27.8% share in terms of revenue in 2016. However, the mobile application penetration testing segment is expected to exhibit relatively high growth rates in terms of revenue, registering a CAGR of 14.9% over the forecast period.

On the basis of component, the global penetration testing market is segmented into software, and pen-test services (Consulting and Software-as-a-Service). Pen-test services segment is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 14.4% during the forecast period.

By enterprise size, the segmentation comprises small and medium enterprises and large enterprises. In terms of value, the large enterprises segment is projected to be the most attractive segment in the global penetration testing market over the forecast period. In 2016, the large enterprises segment was the dominant segment, valued at US$ 316.9 Mn, and is expected to remain dominant in terms of revenue throughout the forecast period.

By vertical the market is segmented into BFSI, healthcare and life sciences, consumer goods and retail, automotive, IT and telecommunication, media and entertainment, government, and others. The IT and telecommunication segment is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 14.6% during the forecast period.

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Global Penetration Testing Market: Forecast by Region

North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are covered in this report. North America was the dominant market in 2016 in terms of revenue in the global penetration testing market. In the coming years, North America is expected to be a key market for substantial revenue generation. In terms of value, the North America market is projected to be the most attractive regional market for penetration testing during the forecast period.

Table Of Content

1. Executive Summary

2. Market Introduction

3. Market View Point

4. Global Market Analysis 2012–2016 and Forecast 2017–2027

5. North America Penetration Testing Market Analysis 2012–2016 and Forecast 2017–2027

6. Western Europe Penetration Testing Market Analysis 2012–2016 and Forecast 2017–2027

7. Eastern Europe Penetration Testing Market Analysis 2012–2016 and Forecast 2017–2027

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Engine Control Unit (ECU) Market is expected to grow at a CAGR of 4.6% Over the forecast period of 2021-2031 | Robert Bosch GmbH, Hyundai Motor Company, Hitachi Ltd.

Over the forecast period of 2021-2031, the global engine control unit market is expected to grow at a CAGR of 4.6%, finds Future Market Insights (FMI) in its latest study.

The global engine control unit industry is expected to grow significantly throughout the forecast period owing to rising demand for automobiles, technological advancements in the production of low-cost engine control units, and increasing demand for next-generation features in vehicles.

A key element driving the engine control unit market is government restrictions encouraging lower fuel consumption and public demand for better vehicle efficiency.

The expansion of the global engine control unit is due to an increase in vehicle production, government mandates on vehicle fuel economy, and the rising availability of fuel injections. Also, expansion of gasoline market will contribute towards global engine control unit’s growth.

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Key Takeaways from Market Study

By product type, gasoline ECUs are projected to account for more than three-fourth of global sales in terms of volume.
c are expected to account for over 70% of engine control unit demand. The increasing demand for better fuel efficiency and focus towards curbing carbon footprint among passenger car owners will support growth in this category.
East Asia is estimated to hold more than one third of the global market. The expansion of the automotive sector and the presence of some of the leading manufacturers in this region are driving the market.
South Asia Pacific is projected to be the fastest growing market, exhibiting growth at little below 5.5% CAGR.
China to account for around one-fourth of the worldwide engine control unit sales.
The OEM segment will account for nearly 90% of all the engine control unit sold.

“The demand for engine control units will surge as car sales increase and more people seek improved fuel efficiency and lower emissions. Manufacturers are buoyed by changing consumer behavior to integrate technological advancements. Overall the engine control unit business is predicted to benefit from low-cost parts manufacturing in South and East Asia, as well as the development of new transit corridors,” said a lead analyst at FMI.

Engine Control Unit Market Competitive Landscape

The market has been described as consolidated. Some of the leading market participants included in this report are Robert Bosch GmbH, Denso Corp, Hyundai Motor Company, Hitachi Ltd., United Automotive Electronic Systems Ltd, Mitsubishi Electric Corporation, Marelli Holdings Co., Ltd., Aptiv Plc., Cummins Inc, Cardone Industries Inc, ACDelco, Standard Motor Products Inc., Dorman Products Inc., Electronic Concepts & Engineering Inc., Westport Fuel Systems Inc, aditel Automotive Electronics Ltd. who account for a share of more than 76% of the market.

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Key Market Segments Covered

Product Type:

Gasoline ECU
Diesel ECU
Natural Gas ECU

Vehicle Type:

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

Sales Channel:

OEM
Aftermarket

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Key Points Covered in Engine Control Unit Market Survey

Engine control unit market demand outlook for 2021-2031
Insights into drivers and restrains affecting ECU sales
Engine control unit market category and segment-level analysis
Competition mapping and benchmarking
Engine control unit manufacturing trend analysis
Product Innovations and regulatory climate
Post COVID-19 consumer spending on engine control units
Recommendation on key winning strategies

Top Reports Related To Automotive Market Insights

Automotive Repair & Maintenance Services Market : Global automotive repair & maintenance services market is forecast to reach a US$ 544.5 Bn in 2021, with a stable long-term projection, as per the latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm.

Automotive Glass Market : The global demand for automotive glass has declined significantly in 2020, with the Covid-19 pandemic restricting automotive production and reducing new orders in the manufacturing sector. However, long-term prospects remain bullish, with a new report by FMI projecting 4% CAGR through 2030. The report opines that market players will benefit from smart glass technology and the rising popularity of electric vehicles.

About FMI

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Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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United Arab Emirates
MARKET ACCESS DMCC Initiative
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Smart Kitchen Appliances Market 2022 Assessment and Key Insights Analyzed Till 2026

Smart kitchen appliances deliver higher efficiency, comfort, convenience and increased safety as compared to traditional kitchen appliances. Smart kitchen appliances are equipped various components and hardware with sensing technologies as well as advanced connectivity features with the help of which they can be connected to mobile phones or tablets with a view to enable remote access. Safety, enhanced productivity, increased comfort, reduction in wastage, increased energy saving, and efficient power consumption are few of the benefits of smart kitchen appliances. The increased per capita expenditure owing to higher disposable income of individuals around the globe and tech savvy nature of individuals is expected to drive the global smart kitchen appliances market.

The global market for smart kitchen appliances is expected to grow at a meteoric CAGR throughout the period of forecast and is anticipated to reach a market valuation of more than US$ 2200 Mn by the end of the year of forecast (2026).

The research report includes historic data and statistics as well as future value projections of various segments of the global smart kitchen appliances market for a period of nine years, starting from 2017 and ending in 2026. According to the analysis done by Future Market Insights, the global smart kitchen appliances market is projected to grow at a high CAGR to reach a valuation higher than US$ 2 Bn by the end of the period of assessment from a value of around US$ 703 in 2017.

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Global Market for Smart Kitchen Appliances: Dynamics Influencing Growth

There are various factors that have propelled the use of smart kitchen appliances. Kitchen is one of the most important facility in any house and needs to be kept up to date. The smart technology has been applied in this section with a view to enhance and modify current kitchen scenario. The increasing percentage of working population has made it imperative for manufacturers to develop a technology that can be used to control and monitor home remotely. This concept gave rise to smart kitchen appliances that can be remotely accessed. Additionally, various benefits associated with smart kitchen appliances have surged the demand in the coming years. The increasing disposable income, growing adoption of Internet of Things (IoT), favourable government initiatives and technological advancements to manufacture new smart kitchen products have contributed to the growth of the global smart kitchen appliances market. However, higher pricing is a factor of concern that has challenged the market’s growth.

Global Market for Smart Kitchen Appliances: Segmental Snapshot

The global smart kitchen appliances market has been segmented on the basis of components, by appliances, by connectivity technology and by region.

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By region, Europe is the most attractive from a growth perspective. This region has shown high growth potential and is marked with increased adoption of smart kitchen appliances. The market for smart kitchen appliances in Europe is estimated to reach a high market valuation as compared to other regions thus leading the global market
In the components category, the hardware and software segments are expected to reflect high market valuations. By the end of the year of forecast, the valuation of hardware segment is poised to touch US$ 917 Mn. The software segment is projected to grow at the highest rate during the forecast period
By connectivity technology, the Wi-Fi segment is expected to dominate the global market in terms of market strength followed by the bluetooth segment. This segment is also expected to grow at a higher CAGR throughout the assessment period
By appliances, smart oven segment is the fastest growing and is expected to reflect a value CAGR of more than 18% throughout the forecast period

Global Market for Smart Kitchen Appliances: Competition Tracking

The research report has profiled key companies such as Dacor, SectorQube, Onida, General Electric Co., Koninklijke Philips N.V., Samsung Electronics Co. Ltd., Haier Group, Panasonic Corporation, AB Electrolux, LG Electronics and Whirlpool Corporation.

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Detailed market segmentation

Region

North America
Latin America
Europe
Japan
APEJ
MEA

Components

Hardware
Software
Services

Appliances

Smart Refrigerator
Smart Coffee Maker
Smart Dishwasher
Smart Cookware & Cooktop
Smart Oven
Other Appliances

Connectivity Technology

Bluetooth
Wi-Fi Market
NFC
Others

Table Of Content

1. Global Outlook

2. Global Smart Kitchen Appliances Market – Executive Summary

3. Global Smart Kitchen Appliances Market Overview

4. Global Smart Kitchen Appliances Market Analysis and Forecast 2012-2026

5. North America Smart Kitchen Appliances Market Size and Forecast, 2012-2026

6. Latin America Smart Kitchen Appliances Market Size and Forecast, 2012-2026

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ePayment System Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2031

The global ePayment system market is expected to expand at a CAGR of 17.7% over the forecast period (2021-2031). The growth can be attributed to the growing demand for real time payments coupled with increasing internet penetration across various countries. As per the latest Future Market Insights (FMI) study, the market valuation is expected to surpass approximately US$ 89.2 Bn in 2021.

The payments landscape has been through noteworthy transformation in the recent years. Advancements in technology have led to considerable changes with payments becoming faster, easier and more convenient. The global ePayment system market is estimated to be driven by technical advancements in the software industry, and the growth of e-Commerce in developed and developing nations.

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The adoption of ePayment systems is growing rapidly, and, in the near future, it shall create potential opportunities for ePayment solution and service providers. Consumers across regions such as Europe and North America, and some countries in East Asia and South Asia & Pacific, are using various digital payment methods.

epayment system market region wise plc position and notable trends 2021

Furthermore, increasing Internet banking and Internet shopping have significantly pushed the use of ePayment system across the globe. The market for ePayment systems has shown significant growth over the last few years due to the increasing adoption of advanced technologies. With advancements in technology, there has been a rise in the demand for ePayment systems.

Key Takeaways from ePayment System Market Study

Based on component, the solution segment is expected to dominate the market through 2031 owing to increasing deployment of cloud-based solutions across the globe.
Based on deployment, the cloud segment is expected to dominate the market through 2031, owing to the rising popularity of cloud computing and analytics.
Based on enterprise size, the large enterprises segment is expected to dominate the market through 2031 owing to the growing need to digitize their payment landscape.
The BFSI segment is expected to hold the largest share in the global ePayment system market in 2021, based on industry.
China will continue leading the East Asia market, registering a CAGR of over 18.9% through 2031.
The U.S. market is projected to expand at a CAGR of 18.2% through 2031, owing to the due to early adoption of upcoming technologies and presence of established and upcoming payment technology providers in the country.
The UK is anticipated to hold the lead in Europe, exhibiting a CAGR of 18.5% through 2031.
pplications of Intelligent Transportation System (ITS) technologies is highly
encouraged in emerging smart cities to handle the current challenges of the continuous
growth in the number of vehicles that ply the highways in urban center
pplications of Intelligent Transportation System (ITS) technologies is highly
encouraged in emerging smart cities to handle the current challenges of the continuous
growth in the number of vehicles that ply the highways in urban center
Applications of Intelligent Transportation System (ITS) technologies is highly
encouraged in emerging smart cities to handle the current challenges of the continuous
growth in the number of vehicles that ply the highways in urban centers

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“Growing popularity of contactless payments coupled with increasing smartphone penetration, is expected to drive the growth of ePayment system market” says a Future Market Insights (FMI) analyst.

Who is winning?

The moderately consolidated ePayment system market is characterized by players who are increasingly focusing on the development of new product offerings in addition to strategic endeavors towards geographical expansion.

Prominent players in the ePayment system market include but are not limited to ACI Worldwide, Aliant Payments, Alipay, Apple Pay, FIS, Fiserv, Global Payments, Intuit, JPMorgan Chase, Mastercard, PayPal, Paysafe, PayTrace, PayU, Spreedly, Square, Stripe, Visa, Worldline, and 2Checkout, among others.

More Valuable Insights on ePayment System Market

A revised market research report published by Future Market Insights (FMI) on the global ePayment System market includes global industry analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides valuable insights on the basis of component solution (payment gateway solution, payment processing solution, payment wallet solution, payment security and fraud management solution, and point of sale (POS) solution); and services (professional services, and managed services); deployment(cloud and on-premises); enterprise size (small & medium enterprises (SMEs) and large enterprises); and Industry (BFSI, retail and eCommerce, healthcare, media & entertainment, IT & telecom, transportation & logistics, and others), and across six major regions.

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Digital Forensics Market : Notable Developments & Geographical Outlook 2022 to 2030

With the rising technical advancements, cloud computing solutions are getting popular world-wide. Being cost-effective, easily maintainable, and convenient for data storage and retrieval, cloud computing and cloud security solutions such as cloud network and digital forensics are gaining traction across the globe. According to Future Marketing Insights (FMI), the global digital forensics market is anticipated to rise at 11.2% CAGR during the forecast period from the year 2020 to 2030.

Despite having high demand, several factors such as lack of knowledge, budget constraints, unavailability of sufficient resources, and others, digital forensics solutions are confined in the SMEs.

Furthermore, factors such as non-operational manufacturing units during lock down, decreased manpower, unavailability of raw materials, and others have slowed down the market growth which is expected to go on till the end of this year.

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FMI offers an unbiased analysis of the global market, its various growth drivers, restraints, and potential.

digital forensics market

Some of the key takeaways from the report are highlighted below-

Digital cloud forensics being most popular type of digital forensics solutions, is expected to witness highest growth of 14.7% CAGR during the forecast period
The increasing cases of cyber threats and attacks in the government, law enforcement, and others sectors is resulting in higher adoption of digital forensics solutions over the world
Component-wise software digital forensics solutions is set to register highest growth of CAGR 13.3% during the forecast period
Among the end users, government & law enforcement sector will maintain the lead, followed by the legal services firms throughout the forecast period
North America digital forensics market will lead other regions during the forecast period

“Increasing adoption of artificial intelligence in digital forensics coupled by the rising cyber threats is expected to steer the global digital forensics market growth during the forecast period,” says an FMI analyst.

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Rising Adoption of Artificial Intelligence Boosting Growth

Since the past decade, artificial intelligence is being increasingly adopted by the digital forensics market in order to obtain more advanced results.

As artificial intelligence is highly efficient in locating, and identifying relevant elements in video clips and pictures in order to spot the commonalities in time stamps, places, communications, and others, it is widely preferred by the digital forensics market across the globe.

With the increasing adoption of artificial intelligence, digital forensics market is getting more efficient and fast in data investigation, data recovery, and other crucial parts of crime investigations.

As artificial intelligence is getting more widely popular, its increased adoption is expected to grow the global market further in the near future.

COVID-19 Impact Analysis

The outbreak of novel coronavirus outbreak in the current year has negatively impacted the global digital forensic market. Various restraining factors such as closed manufacturing units, scarcity of raw materials, unavailability of labors, economic crisis, and others have declined the market growth.

Despite facing decreased demand due to the ongoing pandemic, the global digital forensics market has high potential to grow further.

According to FMI, the global market is expected to grow by both value and volume during the forecast period from the year 2020 to 2030.

Who is Winning

The global digital forensics market has unlimited potential worth getting utilized by the key market players. The top companies such as FireEye Inc., IBM Corporation, Micro Systemation AB, KPMG and others are giving their best efforts to leverage the market potential.

For instance, FireEye Inc. has released their new digital forensics and incident response for PLCs in order to effectively response to the attacks against Industrial Control Systems (ICS).

Recently, KPMG has come up with their dedicated forensic technology lab for recovery and use of critical digital evidence to support investigations and litigation.

IBM Corporation has launched their extensive range of digital evidence management and saving solutions to provide fast actions during the investigation.

According to FMI, the global digital forensics market is expected to witness tough competition in the coming years.

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More Valuable Insights on Digital Forensics Market

In the latest report by Future Market Insights, we offer an unbiased analysis of the global digital forensics market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of type (computer forensics, mobile device forensics, network forensics, database forensics, cloud forensics), component ( hardware, software, service), end user ( government & law enforcement, legal services firms, military & defense, IT & telecom, BFSI, others), across six major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

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Vehicle Analytics Market 2022 Industry Research, Segmentation, Key Players Analysis

Future Market Insights (FMI) in its latest report projects that the global vehicle analytics market will stand at around US$ 2,370 Mn by the end of 2022, reflecting an above-average CAGR. The report finds that the rapid adoption of vehicle analytics is partly owing to demand for greater travel convenience, especially from passengers in cities. Also, the growing necessities of improving the existing transport structure that is struggling to manage the ever-increasing traffic pressure is expected to influence the growth of the market over the forecast period. Vehicle analytics is becoming extremely essential for fleet owners or transport service providers as it helps them in improving fleet management and service offerings, which is turn helps in creating more business.

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vehicle analytics market

Growing concerns over road safety and effort to reduce travel duration is characterizing the rapid adoption of vehicle analytics. Further many of the automotive companies are stepping up investments to develop more advanced vehicle analytic tools that can facilitate complex analytic requirements, including video assistance, fleet monitoring, traveler data, route mapping solution, traffic analytics and predictive analytics. These feature can transform traffic management if utilized effectively. Concurrently, increasing popularity of autonomous cars is expected to propel the demand for vehicle analytics. With the help of vehicle analytics, autonomous cars likely to become for safer and pragmatic. Modern consumers are becoming increasingly aware about automotive technologies that can effectively monitor, manage and streamline travel, which is expected to have a positive impact on the global market for vehicle analytics. Automotive companies are utilizing vehicle analytics to analyze vehicle performance, detection of component malfunctioning and prevent road collisions. Increasing demand for cars and robust infrastructural development in emerging countries such as China, India and Brazil is also expected to support the growth of global market for vehicle analytics in the forthcoming years.

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Global Market for Vehicle Analytics: Key Segment Analysis

On the basis of End-Use, the automotive OEM segment is expected to hold its top spot in 2017 and beyond. This mainly due to increasing of vehicle analytics by automotive OEMs to improve the product performance and offer cutting-edge services. Currently, the segment command for the largest revenue share of the global market. In addition, the segment is expected to reach a valuation in excess of US$ 1,100 Mn towards the end of 2022, reflecting a sound CAGR.

On the basis of application, the driver behavior analysis segment is likely to maintain its dominance over 2022. In modern cars, deriver behavior analysis can be of high importance as it can provide information on driver’s concentration levels, driving capabilities and driving skills. Moreover, deriver behavior analysis can also help address the issues of distracted driving. The driver behaviour analysis segment currently commands for a significant share of the market share of the in terms of revenues and is expected to remain highly attractive during the forecast period.

Among regions, the market in North America will continue to the largest over 2022. The region is expected present lucrative growth opportunities for market participants in the near future. Meanwhile, Revenue from Europe vehicle analytics market is projected to witness a CAGR of 16.1% and surpass a valuation of US$ 600 Mn by 2022-end.

Global Vehicle Analytics Market: Key Players

SAP SE, Genetec Inc., INQUIRON LTD, SAS Institute Inc., Acerta Systems Analytics Inc., Automotive Rentals, Inc., Microsoft Corp., IBM Corporation, Agnik Llc, and Amodo Ltd. are the leading market participants profiled in FMI’s report. A majority of these companies are actively focusing on improving their service offerings to cater to specific requirements of their customers.

Application of Vehicle Analytics in Driver Behaviour Analysis Will remain High Over 2022Increasing incidences of road mishaps and concerns over distracted driving is creating opportunities of greater application of vehicle analytics in driver behaviour analysis. By the end of 2017, driver behaviour analysis application segment is expected to command for one-fourth revenue share of the global market.

North America to Spearhead the Global Vehicle Analytical Market Over 2022Among regions, North America is expected to retain its dominant position over the projection period, exhibiting an above average growth rate. In terms of revenue, the region’s market will remain highly lucrative in 2017 and beyond. This is primarily attribute to factors such as presence of leading market players and existence of an established automotive industry in North America.

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