Hybrid Vehicles Market - Flourishing Automotive Industry of Asia Pacific Boosts Regional Market

The top four players in the global hybrid vehicles market are Toyota, Hyundai, Ford, and General Motors. These companies collectively accounted for a share of 19.5% in the global market in 2015. Transparency Market Research states that the continuous investment and ardent efforts to introduce new products that cater to the consumer needs are expected to keep these companies in the lead throughout the forecast period. “The players are also expected to focus on strategic partnerships and penetration into emerging economies in the coming few years,” states the lead author of the research report.

Browse The Report: http://www.transparencymarketresearch.com/hybrid-vehicles-market.html

According to the research report, the global hybrid vehicles market was valued at US$75.52 bn in 2015. However, by the end of 2024, the global market is estimated to reach US$193.29 bn, as the market expands at a CAGR of 10.3% between 2016 and 2024.

Flourishing Automotive Industry of Asia Pacific Boosts Regional Market

Geographically, the global hybrid vehicles market is categorized into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Of these regions, Asia Pacific has held a dominant share in the global market and is estimated to continue its stance over the next few years. The flourishing automotive industry in the region and the growing sales of automobiles are expected to keep the Asia Pacific hybrid vehicles market at the forefront during the forecast period.

On the basis of type of vehicle, the global market is segmented into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Of these, the passenger vehicles segment made a significant contribution to the soaring revenue of the global market. By the end of forecast period, the passenger vehicles segment is expected to account for a share of 56.6%. Design and development of eco-friendly passenger vehicles is expected to boost this segment in the coming years.

Increasing Concerns Pertaining to Environment Encourage Consumers to Opt for Hybrid Vehicles

Hybrid vehicles are known to have superior performance as compared to conventional vehicles as these do not require separate alternators and engine. The hybrid engines operate on multiple motors and generators, which offer improved performance as compared to regular vehicles. Hybrid vehicles have been gaining traction over the past few years as they are being specifically designed to have low emission and thus environment-friendly. The rising concerns pertaining to the environment amongst consumers and governments have augmented the demand for hybrid vehicles across the globe. The soaring prices of fuel as also expected to lure consumers toward hybrid vehicles as they are known to be fuel efficient.

High Cost of Developing Hybrid Engines Results in Unaffordable Selling Price

Though the hybrid systems are exceptionally sophisticated and being positioned as the future of the automotive industry, their future remains dependent on the high research and development costs. The report states that the high cost of researching and developing hybrid vehicles is expected to hamper the global market in the coming years. This cost eventually adds up to the selling price, which is makes the new-age vehicles unaffordable for consumers. The market is also likely to be restrained by the lack of awareness about hybrid vehicles amongst end users. Furthermore, the

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handful users who are aware continue to be skeptical about investing and using hybrid vehicles. Thus, hesitant outlook toward spending on hybrid vehicles is likely to challenge the growth of the global market.

About Us

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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Hybrid Vehicles Market - Flourishing Automotive Industry of Asia Pacific Boosts Regional Market

The top four players in the global hybrid vehicles market are Toyota, Hyundai, Ford, and General Motors. These companies collectively accounted for a share of 19.5% in the global market in 2015. Transparency Market Research states that the continuous investment and ardent efforts to introduce new products that cater to the consumer needs are expected to keep these companies in the lead throughout the forecast period. “The players are also expected to focus on strategic partnerships and penetration into emerging economies in the coming few years,” states the lead author of the research report.

Browse The Report: http://www.transparencymarketresearch.com/hybrid-vehicles-market.html

According to the research report, the global hybrid vehicles market was valued at US$75.52 bn in 2015. However, by the end of 2024, the global market is estimated to reach US$193.29 bn, as the market expands at a CAGR of 10.3% between 2016 and 2024.

Flourishing Automotive Industry of Asia Pacific Boosts Regional Market

Geographically, the global hybrid vehicles market is categorized into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Of these regions, Asia Pacific has held a dominant share in the global market and is estimated to continue its stance over the next few years. The flourishing automotive industry in the region and the growing sales of automobiles are expected to keep the Asia Pacific hybrid vehicles market at the forefront during the forecast period.

On the basis of type of vehicle, the global market is segmented into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Of these, the passenger vehicles segment made a significant contribution to the soaring revenue of the global market. By the end of forecast period, the passenger vehicles segment is expected to account for a share of 56.6%. Design and development of eco-friendly passenger vehicles is expected to boost this segment in the coming years.

Increasing Concerns Pertaining to Environment Encourage Consumers to Opt for Hybrid Vehicles

Hybrid vehicles are known to have superior performance as compared to conventional vehicles as these do not require separate alternators and engine. The hybrid engines operate on multiple motors and generators, which offer improved performance as compared to regular vehicles. Hybrid vehicles have been gaining traction over the past few years as they are being specifically designed to have low emission and thus environment-friendly. The rising concerns pertaining to the environment amongst consumers and governments have augmented the demand for hybrid vehicles across the globe. The soaring prices of fuel as also expected to lure consumers toward hybrid vehicles as they are known to be fuel efficient.

High Cost of Developing Hybrid Engines Results in Unaffordable Selling Price

Though the hybrid systems are exceptionally sophisticated and being positioned as the future of the automotive industry, their future remains dependent on the high research and development costs. The report states that the high cost of researching and developing hybrid vehicles is expected to hamper the global market in the coming years. This cost eventually adds up to the selling price, which is makes the new-age vehicles unaffordable for consumers. The market is also likely to be restrained by the lack of awareness about hybrid vehicles amongst end users. Furthermore, the

Make an Enquiry @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18926

handful users who are aware continue to be skeptical about investing and using hybrid vehicles. Thus, hesitant outlook toward spending on hybrid vehicles is likely to challenge the growth of the global market.

About Us

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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Website: www.transparencymarketresearch.com 

Wireless Charging ICs Market Increasing Demand for Consumer Electronics to Propel Market

The presence of a large pool of participants, such as NXP Semiconductors, Qualcomm Inc., and Vishay Intertechnology Inc., points towards a highly fragmented and competitive structure of the global wireless charging ICs market, states a reserch report by Transparency Market Research (TMR). Researchers predict the rivalry between the players to intensify in the near future.

According to the research report, the global market for wireless charging ICs was worth US$1.43 bn in 2015. Rising at a noticeable CAGR of 24.54% during the period from 2016 to 2024, researchers estimate this market to cross US$10.14 bn mark in terms of value by the end of the forecast period. The demand for receiver ICs is greater than other ICs and is projected to remain enjoying the lead in this market over the years to come.

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Rising Demand for Wireless Charging ICs in Consumer Electronics to Ensure Asia Pacific’s Lead

An assessment of the worldwide market for wireless charging ICs on the basis of its geographical spread across North America, the Middle East and Africa, Europe, Asia Pacific, and Latin America has also been provided in this research study. In 2015, Asia Pacific led the global market with a share of more than 31%. Analysts project this regional market to retain its dominance over the period of the forecast, thanks to the rising demand for these ICs in the consumer electronics sector. The escalating demand for smartphones and tablets in a number of Asian countries, such as India, Japan, and China, is also expected to support the growth of the Asia Pacific market for wireless charging ICs in the years to come.

North America, which stood second in 2015, is anticipated remain seated in this position throughout the forecast period, owing to the rising usage of wireless charging electronics devices in the public sector. The swelling demand for wireless charging technology across various consumer electronic devices, such as laptops, computers, televisions, gaming devices, tablets, and mobiles are also expected to add to the progress of the North America wireless charging ICs market significantly in the near future, notes the research study.

Increasing Demand for Consumer Electronics to Propel Market

“The rising penetration of consumer electronics across the world is having the most prominent impact on the global wireless charging ICs market,” says an analyst. Owing to the increasing demand for wireless charging, these ICs have found a widespread application in electronic devices, such as mobile, tablet, and laptops, which as a result, is reflecting positively on the worldwide market for wireless charging ICs. However, the market may face issues from the manufacturing standardization to some extent during the forecast period.

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Going forwards, the market is likely to gain significantly in the near future from the technological advancements, such as the miniaturization and compact designing of these IC packages for their efficient integration into various portable consumer electronics. Apart from this, the healthcare and the aerospace industries are likely to offer lucrative opportunities for wireless changing technology in the coming years, which in turn, will benefit the market substantially. The increasing deployment these ICs in automobiles is also projected to boost this market considerably in the near future, states the report.

About Us

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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Infrared Sensors Market Rising Usage of Infrared Sensors in Motion Sensing to Ensure North America’s Dominance

The global market for infrared sensors exhibits a consolidated structure, finds a report by Transparency Market Research (TMR). The top four players in this market, namely Murata Manufacturing, FLIR Systems, Hamamatsu Photonics, and Excelitas Technologies, together accounted for more than 85% in this market in 2015.

As these players are aggressively focusing on innovation and advancements in the current offering to gain greater visibility, the competition within the market is likely to intensify further in the years to come.

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As per TMR’s estimations, the global market for infrared sensors, which stood at US$238.8 mn in 2015, is anticipated to expand at a healthy CAGR of 12.80% during the period from 2015 to 2024, increasing the opportunity in this market to US$692.8 mn by the end of the forecast period. The oil and gas sector has emerged as the key end user of infrared sensors and is expected to retain its position over the next few years.

Rising Usage of Infrared Sensors in Motion Sensing to Ensure North America’s Dominance

Geographically, the research report categorizes the worldwide market for infrared sensors into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. It further presents a comprehensive analysis of the global market on the basis of the performance of these regional markets. Among these, the most prominent share in this market has been acquired by North America and Europe, holding more than 55% in 2015. North America, between the both, has been registering a greater demand for infrared sensors, and is expected to continue doing so throughout the forecast period. The increasing usage of infrared sensors in motion sensing and various other defense applications is anticipated to propel the North America market for infrared sensors in the coming years.

In Europe, the augmenting utilization of infrared sensors in unmanned aerial vehicles and drones, and in motion sensing too, is likely to drive the market’ growth. Led by the growing demand for these sensors in the U.K, Germany, France, Russia, Italy and the Rest of Europe, the Europe market for infrared sensors is expected to progress substantially over the coming years.

On the other hand, Asia Pacific is anticipated to offer the most promising opportunities to infrared sensor manufacturers in the near future, on account of the untapped potential in Asian economies, such as India, Japan, and China. The increase in research and development activities, rise in the demand for automation in the industrial and the construction sectors, and the growing demand for consumer electronics, such as tablets, smartphone, and laptops, are also expected to stimulate the market for infrared sensors in Asia Pacific over the forthcoming years.

Decline in Retail Price of Infrared Sensors to Fuel Demand

“The global market for infrared sensors is heavily influenced by the significant rise in security concerns among consumers,” says the author of this report. The increasing demand for security at residential and, especially, non-residential places, such as hospitals, offices, and hotels is anticipated to boost the demand for infrared sensors across the world over the forecast period.

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The decrease in retail prices of these sensors, thanks to their considerably small sizes and less complexity, is another important factor that is likely to fuel the demand for infrared sensors remarkably in the near future. The growing trend of automation across various end-use industries, such as semiconductor and electronics, aerospace and defense, and medical and healthcare is also expected to drive the growth of this market, worldwide, over the next few years. The high manufacturing cost and the presence of stringent government regulations, however, may restrict the market’s progress to some extent in the years to come.

About Us

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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Connectivity Constraint Computing Market Elimination of Human Bias Attracts Several End Users to CCC Modeling

The leading names in the global ICT industry have bagged top honors in the global connectivity constraint computing market as well. For 2015, the global connectivity constraint computing market was dominated by the names Microsoft Corporation, Google, Inc., Amazon.com, Inc., and Wal-Mart Stores, Inc.

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As per a research report published by Transparency Market Research, the global connectivity constraint computing market holds a higher concentration of players in North America than other regions. Asia Pacific, which was the smaller market in 2015, is expected to show a meteoric growth rate due to its booming IT industry and increasing scope of application for connectivity constraint computing due to high rate of urbanization. The demand for connectivity constraint computing is also expected to be high in regions that are planning for ecosystem management and wildlife corridor planning. The MEA region is likely to gain momentum in infrastructural development, spurring the demand for CCC modeling. The global connectivity constraint computing market is expected to expand at a meteoric CAGR of 58.4% within a forecast period from 2016 to 2024. While its expected evaluation for the end of 2016 is expected to be US$177.8 mn, the phenomenal growth rate is expected to have the market reach US$7.03 bn by the end of 2024.

Elimination of Human Bias Attracts Several End Users to CCC Modeling

“The use of artificial computing introduces the highly sought after concept of error elimination and bias protection for computing systems. Human operators, regardless of skill, are still prone to a certain minimal level of errors, especially in the massive data sets that are being crunched in modern times. The dynamic nature of data structures calls for the use of connectivity constraint computing and other artificial computing methods, that essentially, minimize or even negate the scope of error, as well as the overall time taken for the processes, through fast and iterative computing. This is becoming a highly crucial need for end users when faced with the staggering data volumes that need to be processed without any bias, which thus forms the key driver for the global connectivity constraint computing market,” states a TMR analyst.

Other factors promoting the growth of the global connectivity constraint computing market include the growing need for process automation in terms of improvement of quality in data accumulation and maintenance functions, and the growing need for CCC for spatial analysis using data rich and large scale frameworks.

Data Accumulation Complications in CCC Need to be Resolved Soon

One of the key restrictions on the global connectivity constraint computing market currently, is the increasing complexity of computing due to the formation of high volume and multiple data sets. The CCC modeling techniques, while useful in solving several issues, itself required the use of multiple data sets. This can lead to the accumulation of data sets that are non-compatible and can seriously hinder the automation process. At the same time, the global connectivity constraint computing market is also hindered by the expensive nature of model implementation, as real time data crunching and CCC modeling is certainly a costly affair at the moment.

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“While these issues are likely to be resolved over the coming years, players in the global connectivity constraint computing market can also look forward to gaining several opportunities in terms of constraint inclusions. The inclusion of proper constraint programming approaches can help resolve the issues visible in the use of this modeling in connected wildlife corridors. Additionally, the global connectivity constraint computing market is also expected to benefit vastly from the increasing scope of application of CCC in urban planning,” adds the analyst.

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Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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Biochemical Sensor Market: Application across Diverse Industries, Especially Healthcare, to Boost Growth

The competition prevailing in the global biochemical sensor market is considerably high. As leading companies fight out for the lead in the market, product innovations and launches are on cards. Besides this, investments in research and development have scaled higher as market players aim for emerging at the fore. In order to boost operations, several players are concentrating on expanding their regional footprint, especially in Asia Pacific. Cheap labor, abundance of raw materials, and the rising demand from emerging nations make the region highly lucrative for investment, finds Transparency Market Research (TMR) in a new study.

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Some of the most prominent names in the global biochemical sensor market are GE Healthcare, Thermo Fisher Scientific, Honeywell International, Inc., Bio-Rad Laboratories, Inc., and Polestar Technologies, Inc., among others. Besides aforementioned strategies, many of the market players are also pushing mergers and acquisitions to capitalize on their expertise and expand their product portfolio.

Overall, the global biochemical sensor market will rise at a robust CAGR of 14.7% between 2017 and 2025. At this pace, the market is expected to reach US$58.48 bn by the end of 2025, from its valuation of US$17.1 bn in 2016. Based on product, electrochemical sensors constituted the leading segment with a share of 32% in 2016. Besides this, piezoelectric sensor, thermal sensor, gas sensor, and optical sensor make other key segments in terms of product.

Regionally, North America held dominant with a share of over 29% in the global market in 2016. Europe and Asia Pacific followed closely as the second- and third-leading markets for biochemical in the same year. However, over the course of the forecast period, North America is likely to lose its market share, while Asia Pacific and Europe markets will witness accelerated pace of gains.

Application across Diverse Industries, Especially Healthcare, to Boost Growth

As biochemical sensors have found a leading end user in the healthcare sector, growth witnessed in the industry will subsequently fuel their demand. The healthcare infrastructure is a major consideration by governments when planning economic growth. Over the years, the industry has expanded exponentially. Additionally, investments in research and development are forecast to increase in the coming years. “Biochemical sensors are used in the qualitative and quantitative assessment of clinical diagnosis in the healthcare sector,” said a lead TMR analyst. “The increasing aging population, coupled with the rising incidence of chronic ailments, will fuel the demand for precise diagnosis, thus providing significant impetus to the biochemical sensor market,” he added.

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Besides this, government initiatives to ensure superior food quality, advancements in material chemistry and wireless networks, the rising demand for advanced wearable biochemical sensors, and the growing population of point of care diagnostics will create lucrative market opportunities. TMR also prophesized that the rising oil extraction worldwide will tip scales in favor of the market. Rise in oil extraction would result in greater percentage of inflammable and toxic in the air. Spurred by this, the use of biochemical sensors will increase to detect the presence of toxic gas.

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Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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Bio-MEMS Market: Uptake of Microfluidics for Diagnostics Improves Adoption of Bio-MEMS

Transparency Market Research has observed the competitive landscape in the global bio-MEMS market to be quite consolidated. The top five players held a whopping share of about 45% in the global market in 2015. Abbott Laboratories, Becton Dickinson, Baxter International Inc., Medtronic, and Boston Scientific have been dominating the global market with their persistent efforts to develop innovative products and continuous research and development to enhance their existing product portfolio. These companies are also expected to strategize important mergers and acquisitions to win larger shares in the global market to remain dominant.

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According to the research report, the global bio-MEMS market was valued at US$695.0 mn in 2015. However, between the forecast years of 2016 and 2024, the global market is estimated to surge at a CAGR of 20.9% to reach a valuation of US$3.8 bn by the end of 2024.

North America to Lead; Slated to Acquire 37.4% of Global Market by 2024

On the basis of application, the global bio-MEMS market is segmented into neural implants, ENT implants, bionics, cardio-MEMS, and others. The cardio-MEMS segment is segment is estimated to show significant growth in the coming years as it is slated to acquire a share of 25.8% by the end of 2024. The high prevalence of heart-related issues is expected to keep the demand for cardio-MEMS to be high in the coming years.

In terms of geography, the global bio-MEMS market is fragmented into North America, Europe, Asia Pacific, and Rest of the World. In terms of revenue, North America is anticipated to lead the global market. This regional market is expected to garner a share of 37.4% by the end of 2024. The growing government grants to improve the healthcare infrastructure are considered to the key element to this growth.

Uptake of Microfluidics for Diagnostics Improves Adoption of Bio-MEMS

The global bio-MEMS market has been progressing against the backdrop of widening applications of tissue engineering in advanced surgical procedures. Bio-MEMS sensors, which include topical sensors are used to treat terminally ill patients. Collectively, these two factors are the key driving forces of the global bio-MEMS market. The uptake of microfluidics has also played a significant role directing the trajectory of the global market in a positive direction. Today, bio-MEMS are extensively being used for diagnostic purposes with the help of microfluidics. Furthermore, the market is also being driven by the advantage of bio-MEM such as quick detection of pathogens and bacteria. The high utility of bio-MEMS in the biomedical sector has proven to be essential and crucial to the growth of the global market, notes the lead author of this research report.

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Complex Manufacturing Processes Threaten Progress

The complex process of manufacturing MEMS and their sophisticated fabrication techniques have been the precise restraints for the global bio-MEMS market. Excessive dependency on technologically-advanced medical infrastructure has made adoption of bio-MEMS relatively difficulty. Analysts predict that these factors could hamper the growth of the overall market in the near future. In addition, the market will also be restrained from attaining its utmost potential due to the expensive nature of the technology. Implementation of MEMS is exceptionally expensive and unaffordable to many. This is a key restraint in the global bio-MEMS market.

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Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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Automotive Drive Shafts Market- Heavy Commercial Vehicles to be Prime Consumers of Automotive Drive Shafts

Global Automotive Drive Shafts Market: Overview

The automotive drive shafts market across the globe is anticipated to witness a stable growth during the forecast period from 2016 to 2024. Automotive drive shafts are mechanical components used for transferring torque from the engine to the other end of the vehicle before it reaches the wheels. These components are automotive drive shafts made up of steel, aluminum and carbon fiber. Automotive drive shafts made of aluminum are light and sturdy at the same time which enables the drive shafts to be balanced, produce more rotating speed and also reduces the overall weight of the vehicle. Aluminum drive shafts are light and sturdy, enabling the overall weight of the vehicle to be light and require less fuel. Aluminum drive shafts are also more balanced and produces more rotating speed. Steel drive shafts are very heavy and requires a lot of horsepower to transmit torque and rotate. It makes the overall weight of the vehicle very heavy, requiring more fuel to run.

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Global Automotive Drive Shafts Market: Segmentation

By types, the market has been segmented into hotchkiss drive shafts, flexible drive shafts and torque tube drive shafts. Hotchkiss drive shafts are the most popular form of shafts used for rear axle suspension and are commonly found in heavy commercial vehicles and passenger cars. Flexible drive shaft types have high longevity and permits continuous rotation in vehicles even at high speed. These are mostly found in passenger cars and light commercial vehicles. Use of torque tube drive shaft is comparatively less widespread than hotchkiss drive shaft system and flexible drive shaft system. It is mostly found in heavy commercial vehicles with front engine and rear drive. Torque tube drive shaft types are typically heavier and produces greater up sprung weight on the vehicle. The automotive drive shafts can also be judged based on their position which in turn depends on whether the vehicle is Front Wheel Drive (FWD) or Rear Wheel Drive (RWD). Front Wheel Drive vehicles are always the preferred choice since they are more fuel efficient and weigh less enabling the vehicle to be aerodynamic. The FWD vehicles also cost less compared to RWD vehicles, therefore their production and use is higher. In recent years, all the passenger cars and light commercial vehicles are FWD and their drive shafts are placed likewise. This positioning also protects the vehicles in case of accidents.

Global Automotive Drive Shafts Market: Drivers and Restraints

The report also discusses the demand inducing and demand restraining factors. The main drivers have been identified to be the rise in production of vehicles and depreciation of drive shafts whose replacement is supported by an efficient after sales services sector. The global automotive industry is in a reviving phase and is expected to show promising performance over the forecast period. APAC is the largest producer of automotive and is likely to maintain its dominance the forecast period. In recent years the APAC region has witnessed notable performance in terms of its GDP and development of its automobile and automotive parts industry. India, Singapore, South Korea, and Thailand, among other countries in APAC have high growth potential. This region has also experienced a sudden rise in disposable income, enhancing the affordability of passenger cars.

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Use of electric vehicles however, is expected to reduce the need for drive shafts since they run on battery which are charged by electric power. Therefore, this factor is anticipated to pull down the growth of the automotive drive shafts market.

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Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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Robot Operating System (ROS) Market Competitive Dynamics & Global Outlook 2025

Robot Operating System (ROS) is most ubiquitous platforms for robotics as it is an open-source project. It is a collection of software tools and libraries used by robot programmers for developing applications. ROS is not an operating system but uses operating system’s user interface, file system, process management system, and programming utilities. The most widely used operating system for ROS is Linux, followed by Java or MacOS. The robot operating system is designed to work with different subsystems and components which probably run different programming languages. Growing developments in order to make robot operating system windows compatible will open up new opportunities for the ROS industry.

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Robots engineers earlier lacked a common platform for collaboration and communication which delayed the adoption of robotic butlers and other related developments. The robotic innovation has quickly paced up since last decade with advent of ROS wherein the engineers can build robotic apps and programs. Rising need for handling master coordination nodes, control, process actuator, multiplexing information and feedback data along with multiple controllers will drive the robot operating system market over the forecast timeframe.

Considering statistics of ROS community, about 9 million ROS packages were downloaded from over 70,000 IP addresses in May 2015, depicting about thousands of active users. Considering the developer community, about 1,800 people have contributed to the ROS’ 10 million code lines averaging to 20 commits per day. Open Source Robotics Foundation (OSRF) has suggested in October 2016 that about 10 million ROS applications are being downloaded every month.

Increasing investment in robot development to expand new robotic capabilities will drive the industry competition thereby reducing the costs associated with robots. ROS has attracted numerous startups to invest in the field of robotics. These startups are taking advantage of its open source nature to develop reliable robots for tapping new verticals. In 2015, about US$150 million was invested as VC funding in businesses utilizing ROS. Low level functionality benefits provided by ROS will support the industry growth as it eliminates the need of building software and hardware specifically for every robotic projects.

ROS is compatible for material handling as it can tolerate dynamically changing environment as the obstacles are introduced. However, it cannot slope the amperage and voltage channels on welder to ensure optimal wetting action in painting, arc-welding, or spark welding process controls thus posing as a challenge to this industry.

The process manufacturing and healthcare are seen to emerge among fastest growing industries in the field of robotics as these involve developing customized products. Of these, the manufacturing sector with its larger bases is estimated to hold larger revenue share of revenues generated from robotics, whereas with growing emphasis on quality, accuracy and low cost, healthcare sector is expected to see quicker adoption of robotics, resulting in the segment recording higher growth rate, almost doubling by 2019.

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The Asia Pacific region dominated the robotics sector accounting for more than 60% share of robotic spending in 2016. Europe and Middle East & Africa (MEA) is anticipated to be the second largest revenue generating region over the forecast timeline with more than US$14.6 billion robotic spending in 2015.

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Parking Meter Market - Increasing Adoption Of Parking Meter Across Wider Applications

Parking meter is a revenue collection device installed in the parking area where the vehicle owners pay for the space allotted to them. The conventional parking meter comprising of a timer, coin collector is set on a pole at the entrance of a parking space. The main ideology behind setting up a parking meter is to accommodate parking management along with collecting revenue from its installation. Both private and public agencies install parking management solutions in areas with highly indicated traffic. Parking meter is a device being part of such smart parking systems.

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The parking meter device is expected to have high call since a gap exist in demand and supply of parking space. This is due to area allotted for parking space is limited and parking demand for increasing vehicles on road is increasing day by day. For instance, these parking meters are also finding its application into household segment due to increasing community living concept. Hence, it becomes necessary to implement such smart parking options when large number of inhabitants live in a township kind of ecosystem. Accordingly, increasing adoption of parking meter across wider applications is expected to drive the parking meter market. Another factor that would be driving the parking meter market is the flexible payment options such as coins & notes, card payments, smart card by parking space provider, etc. It becomes a challenge for the parking space provider/agency to personally collect coins & notes from each parking meter. Additionally, the operating policies of each player in the market may be differing and this creates a limitation in the effective designing of parking meter for each parking space agencies. However, the new technological innovations in the parking meter devices are allowing more public system agencies to install these devices. Technological elements such as smart apps, energy efficient eco-design, user-interface choices, etc. are incorporated into parking meter.

The parking meter market is segmented on the basis of payment type, power type, parking mode, and application. Segmentation based on payment type incudes coins & notes, card payments, smart cards and others. Users can pay for the parking space allotted to them by conventional system of coins & notes, by using their debit/credit cards or by the smart cards issued by the parking space provider where users can add money to it. Additionally, the power type segment can be further bifurcated as battery, electric and solar. Besides, the parking meter can be segmented on the basis of parking mode such as pay & display, by plate, by space, and others. Pay & display option is the simplest one allowing the car user to pay for the parking space and get a ticket displaying the details on the customer’s dashboard. By plate segment, the customer enters the details of his car number plate and details are automatically shown on the dashboard. The customer can also use the option of space segment to pay for the required space to park the vehicle. Furthermore, this market can be segmented on the basis of applications such as municipalities, hospitals, parks & recreation, events, transit systems, and others (hotels, institutions, housing, etc.). Geographically, the study of parking meter market is segmented as North America, Europe, Asia Pacific, Middle East & Africa and South America.

Some of the key players in the parking meter market are T2 Systems, Inc., Parkeon, Inc., J.J. MacKay Canada Limited, METRIC Group Ltd, Global Parking Solutions USA, IPS Group Inc., Westco Parking Technologies, Inc., Shenzhen Horoad Electronic Technology Development Co., Ltd., POM, Inc., Parx Ltd, CDS Worldwide Pty Ltd, Guangzhou COMA Electronics Co. Ltd, Ventek International, Inc., RTB GmbH & Co.KG, Hectronic GmbH, Cale Access AB and IEM SA.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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Strategic Assessment of Emerging Technologies in Intrusion Detection Systems Market by 2025

An intrusion detection systems (IDS) is a device or software applications to detect the presence of an intruder attempting to breach a network or systems. Tremendous growth and usage of internet raises concerns about protection and communication of digital information in a secure manner. Intrusion is a major problem for industry, commerce and governments worldwide. So detection systems that can provide a fast alert to intrusion have an increasingly persuasive role to play. IDS monitors a network or systems for malicious activity or policy violations, and alerts the network administrator or collects centrally using a security information and event management (SIEM) system. SIEM combines outputs from multiple sources, and uses alarm filtering techniques to distinguish malicious activity from false alarms.

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There is a wide spectrum of IDS, varying from antivirus software to hierarchical systems that monitor the traffic of an entire backbone network. Classification is based on analyzed activity approach or detection approach. Analyze activity approach holds network intrusion detection systems (NIDS) and host-based intrusion detection systems (HIDS). NIDS identifies intrusions by examining network traffic and monitors multiple hosts, connecting to a hub or network switch configured for port mirroring. While HIDS entails an agent on a host which identifies intrusions by analyzing system calls, application logs and file-system modifications. On the other hand, detection approach comprise of signature based detection which uses specifically known patterns to detect malicious code and anomaly detection which are designed to detect abnormal behavior in the system.

Intrusion Prevention Systems (IPS) extended IDS solutions by adding the ability to block threats in addition to detecting them. Intrusion detection and prevention systems (IDPS) are primarily focused on identifying possible incidents, logging information, attempting to stop, and reporting to security administrators. The threat of authorized users misusing privileges and proliferation of heterogeneous computer networks are major implications for intrusion detection problem.

Increasing adoption of new technology in both commercial and industrial sector is anticipated to drive the market growth. Development in semiconductor technology such as LED and photo diode, biometrics technology provides finger print, palm veins, face recognition, iris recognition, DNA and retina authentication. Integration of detection system with such authentication system result into fulfillment of high security demand of certain industries, which contributes to market growth in near future.

Global intrusion detection system market is expected to grow rapidly during the forecast period. Increasing cybercrime and unauthorized practices are expected to be key factors that drive the global intrusion detection system market. The growing acceptance of cutting-edge intrusion detection technologies in the IT companies, increasing security threats to enterprise network, increasing government pressure on compliance of policy and regulations are also driving the growth of intrusion detection system market.

There are several challenges to the intrusion detection system growth such as lack of awareness. However, these issues can be tackled by conducting several awareness campaigns. High product and installation cost may also hamper the market demand.

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Global intrusion detection system market is segmented on the basis of type, services and deployment model. On the basis of type, the global intrusion detection system market can be segmented into host based intrusion detection system (HIDS), network based intrusion detection system (NIDS), signature based detection and anomaly detection. On the basis of service, the global intrusion detection system market can be segmented into design and integration services, managed services, training & education and consultancy services. On the basis of deployment model, the global intrusion detection system market can be segmented into on-premises deployment and cloud deployment. Moreover, on the basis of geography the global market is classified into North America, Europe, Middle East and Africa, Asia Pacific and South America.

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Infrared Led Market: Emerging Niche Segments And Regional Markets

Infrared (IR) LEDs are the transmitters which emit IR rays at a longer wavelength than visible light. These devices are made up of aluminum arsenide or aluminum gallium arsenide and have an operating voltage of around 1.4V. The IR LED emits wavelength at the range of 760 nm and is thus invisible to the human eye. Increasing adoption of 6-inch sapphire wafer substrate is gaining prominence as the 6-inch wafer reduces the cost of LEDs when compared to 2-inch wafers. The 6-inch wafers makes the production more efficient as there is no space wasted and edge losses are reduced.

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Growing demand of infrared LEDs for integration of hyper spectral imaging and remote sensing in consumer electronics, automotive, and other allied industries is expected to drive the industry over the forecast timeline. Increasing popularity of these devices amongst end-users DIY (do-it-yourself) security cameras is anticipated to support the industry demand. Rising security concerns and ever expanding smartphone industry are fulfilling the demand of infrared LEDs globally. Increasing construction of smart homes and commercial complexes will demand for more secure equipment for the security purposes in the coming years. Technological advancements in infrared LEDs in defense, imaging, lighting, automotive, and consumer electronics is expected to fuel the global infrared LED demand from 2017 to 2025.

Low power consumption, high security and low cost benefits is projected to support the infrared LED industry as these devices are used in combination with receivers for use in varied products such as wireless mouse, remote controls, and telecommunication modules. Manufacturers are focusing on implementation of infrared LEDs in various multimedia devices such as mobile phones & tablets and surveillance systems. Emerging technologies in closed circuit televisions (CCTVs) and smartphones such as iris and facial recognition is anticipated to be a quickly growing trend in the industry. For instance, Samsung’s smartphone Galaxy S8 features iris and facial recognition to meet and secure the growing demand of mobile payment services. The widespread promotion of mobile payment services on devices such as notebooks and smartphones featuring user authentication based on infrared LED technology, is predicted to be the primary growth driver of the industry over the forecast timeline.

IR LEDs are integrated into CCTV cameras as primary component as it offers low-light level and night vision applications. The technological advancements in modern infrared LEDs offer advanced image enhancement which are more reliable and long lasting. The integration of IR LED with CCTV cameras offers wide range of emission angle, increased optical output and near-field visibility applications.

The automotive industry is witnessing rapid innovation in the field of infotainment, safety systems, telematics, advanced driver assistance systems (ADAS) and autonomous driving. These technologies actively involve the integration of IR LEDs for their operation. Furthermore, infrared systems are integrated into automobiles to improve the blind spot and night vision driving, thereby supporting the global infrared LED market growth in the automobile segment.

The infrared LED industry is highly diversified and competitive owing to the presence of large number of regional and international vendors globally. Some of the major factors driving the industry growth in Asia Pacific region is the presence of large number of LED manufacturers in countries such as Japan, China and Taiwan. Prominent industry participants are Epistar, Osram, Everlight, Vishay, Nichia and Philips. The companies are primarily focusing on new product development in order to retain their market share. For instance, in June 2017, Osram launched the smallest side-looking infrared LED which has wavelength of 850 nm which is used for eye tracking applications in virtual reality (VR) and augmented reality (AR) headsets. Both AR and VR systems react to the eye and head movement making the infrared LED as the critical component of the headset designs.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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