Automotive ECU Market : ADAS Technology to Grow at CAGR 6.4% From 2021 – 2030 says Allied Market Research

The global Automotive ECU Market generated $87.6 billion in 2020, and is projected to reach $142.1 billion by 2030, witnessing a CAGR of 5.1% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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COVID-19 scenario on Automotive ECU Market

  • The outbreak of the COVID-19 pandemic led to global lockdown and temporary closure of large scale assembly plants. This in turn, resulted to decline in global demand for automobiles, thereby impacting the growth of the global automotive electronic control unit market negatively.
  • However, the bioenergy market is expected to recover soon in 2022.

The report offers detailed segmentation of the global automotive ECU market based on technology, application, mode, capacity, and region.

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Based on technology, the powertrain segment held the highest market share in 2020, holding more than one-fourth of the total market share, and is expected to continue its leadership status during the forecast period. However, the ADAS segment is estimated to register the highest CAGR of 6.4% from 2021 to 2030. 

Based on mode, the conventional segment held the largest market share in 2020, holding more than half of the total market share, and is expected to continue its leadership status during the forecast period. However, the autonomous segment is projected to register the highest CAGR of 5.9% from 2021 to 2030.

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Based on region, North America contributed to the highest share in terms of revenue in 2020, holding nearly two-fifths of the total market share, and is estimated to continue its dominant share by 2030. Moreover, Asia-Pacific is projected to manifest the fastest CAGR of 6.3% during the forecast period.

Leading players of the global automotive electronic control unit market analyzed in the research include DENSO Corporation, Continental AG, Aptiv, HYUNDAI MOBIS, Lear, Panasonic Corporation, Hitachi Astemo, Ltd., Marelli Holdings Co., Ltd., Robert Bosch GmbH, and Pektron.

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About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Contact:

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Aircraft Mounts Market : Asia-Pacific Region to Rise at CAGR 9.0% During 2021- 2030

The global Aircraft Mounts Market generated $580.0 million in 2020, and is estimated to reach $1.15 billion in 2030, witnessing a CAGR of 7.3% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

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Covid-19 Scenario on Aircraft Mounts Market:

  • Owing to lockdown restrictions, there have been disruptions in manufacturing activities, grounding of aircraft, and shortage of material and components. This adversely affected the growth of the global aircraft mounts market.
  • Ban on import and export of goods is expected to lead to shortage of components. This reduced the market growth for aircraft mounts.
  • The ban on domestic and international air travel reduced the demand for aircraft mounts considerably. However, the demand is expected to grow as countries lift-off restrictions.

The report offers detailed segmentation of the global aircraft mounts market based on mount type, application, material, aircraft type, end use, and region.

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Based on mount type, the engine mounts segment held the highest share in 2020, accounting for nearly one-third of the total share, and is projected to maintain its lead position during the forecast period. However, the pedestal mounts segment is expected to witness the highest CAGR of 9.4% from 2021 to 2030.

Based on application, the airframe segment accounted for the highest share in 2020, contributing to more than one-third of the total share of the global aircraft mounts market, and is expected to maintain its lead position during the forecast period. However, the avionics segment is projected to manifest the highest CAGR of 9.2% from 2021 to 2030.

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Based on region, North America contributed to the highest share in 2020, holding around two-fifths of the total market share, and is expected to maintain its leadership status by 2030. However, Asia-Pacific is projected to portray the fastest CAGR of 9.0% during the forecast period.

Leading players of the global aircraft mounts market analyzed in the research include Trelleborg AB, Cadence Aerospace, GMT Rubber-Metal-Technic Ltd., Shock Tech, Inc., ESCO Technologies Inc., Parker-Hannifin Corporation, AirLoc Ltd., VMC GROUP, RAM Mounts (National Products Inc.), and Meeker Aviation.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

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Stevia Market Overview, Size, Share | Global Industry Outlook and Statistics, Segmentation and Forecast to 2026

The global stevia market was estimated at $637.1 million in 2018 and is expected to hit $1.16 billion by 2026, registering a CAGR of 8.0% from 2019 to 2026. The report provides an all-inclusive analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Surge in application of stevia in food & beverages industry, rise indemand for the product by diabetics & obese consumers, and increasing number of product launched using stevia drive the growth of the global stevia market. On the other hand, potential threat of substitute products curtails down the growth to some extent. However, increase in demand for natural sweeteners and upsurge in adoption of stevia for animal feed are anticipated to create lucrative opportunities in the near future.

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Covid-19 impact-

  • The pandemic has impacted the global stevia market moderately. The first phase of the lockdown led to shortage of raw materials and disruptions in the supply chain.
  • However, the outbreak of Covid-19 has made people more health conscious than ever before. More and more individuals have now started consuming this natural, zero calorie, non-cariogenic sweetener as a healthy substitute of refined sugar.

The key market players analyzed in the global stevia market report include BENEO (SUDZUCKER Group), Cargill, Incorporated., Van Wankum Ingredients, FRAKEN BIOCHEM CO. LTD, Haihang Industry Co., Ltd, Archer Daniels Midland Company, Ingredion Incorporated, PureCircle, Tate & Lyle PLC., and Foodchem International Corporation.These market players have implemented several strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their status in the industry.

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The market is segmented on the basis of form, end user, distribution channel, and region. Based on form, the powder segment contributed to more than two-fifths of the global stevia market share in 2019 and is expected to rule the roost by the end of 2026. The liquid segment, on the other hand, would manifest the fastest CAGR of 8.6% till 2026.

Based on end user, the food and beverages segment held the major share in 2019, generating nearly one-third of the total market and is projected to retain its dominance throughout the forecast period. Simultaneously, the retail segment would register the fastest CAGR of 9.5% during the study period.

Based on geography, Asia-Pacific accounted for more than one-third of the total market revenue in 2019 and is expected to rule the roost by 2026. At the same time, Europe would grow at the fastest CAGR of 9.5% from 2019 to 2026.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Aircraft Tires Market : Bias Type to Grow at CAGR 6.9% From 2021 – 2030

The global Aircraft Tires Market generated $1.52 billion in 2020, and is projected to reach $2.85 billion by 2030, witnessing a CAGR of 6.7% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

Increase in air passenger traffic across the globe and frequent wear and tear of aircraft tires drive the growth of the global aircraft tires market. However, stringent standard operating procedures and high cost of aviation tires restrain the growth to some extent. On the other hand, procurement of military aircraft amid geopolitical tensions present new opportunities in the upcoming years.

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COVID-19 scenario on Aircraft Tires Industry:

  • The outbreak of the COVID-19 pandemic led to global lockdown, which in turn, resulted in flight cancellations and ban on e-commerce services. This led to massive decline in commercial aviation and logistics activities across the world.
  • Moreover, the pandemic disrupted the supply chain and forced manufacturing facilities to shut down their operation temporarily.
  • The COVID-19 impact on the aircraft tires market is expected to remain in force till the second quarter of 2021.

The report offers detailed segmentation of the global aircraft tires market based on type, application, distribution, and region.

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Based on type, the bias segment held the highest market share in 2020, holding nearly two-thirds of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the same segment is estimated to register the highest CAGR of 6.9% from 2021 to 2030.  The report also include radial segment.

Based on distribution, the OEM segment held the largest market share in 2020, holding more than three-fifths of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the same segment is projected to register the highest CAGR of 6.9% from 2021 to 2030. The report also include replacement segment.

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Based on region, Asia-Pacific contributed to the highest share in terms of revenue in 2020, holding one-third of the global aircraft tires market, and is estimated to continue its dominant share by 2030. Moreover, Asia-Pacific region is projected to manifest the fastest CAGR of 8.4% during the forecast period. The report also includes North America, LAMEA, and Europe.

Leading players of the global aircraft tires market analyzed in the research include Aviation Tires & Treads, LLC, Bridgestone Corporation, Desser Holdings LLC, Dunlop Aircraft Tires Limited, the Goodyear Tire and Rubber Company, Compagnie Generale Des Etablissements Michelin, Petlas, Sentury Tire Co. Ltd., Specialty Tires of America, and Wilkerson Company, Inc. 

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Scooter Tire Market by Season Tire Type (Summer, Winter , and All Season), by Rim Size (Below 12”, 12” to 15”, and Above 15”), and Distribution Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020–2030.

Pneumatic Tire Market by Sales (Replacement Tires, OEM) and Vehicle (Two wheelers, Four Wheelers, Aircraft, Industrial Vehicles, Agricultural Vehicles and Off-Road Vehicles) – Global Opportunity Analysis and Industry Forecast, 2014 – 2030.

Automotive Tubeless Tire Market by Type (Radial and Bias), Vehicle Type (Two Wheelers, Passenger Cars, and Commercial Vehicles), and Distribution Channel (Original Equipment Manufacturer {OEM} and Aftermarket) – Global Opportunity Analysis and Industry Forecast, 2017-2030.

Automotive Airless Tire Market by Type (Radial and Bias) and Vehicle Type (Two-wheelers, Light Commercial Vehicles, Heavy Commercial Vehicles, and Passenger Cars) – Global Opportunity Analysis and Industry Forecast, 2017-2030.

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ATV-UTV Tire Market by Type (Racing Tires, Sand Tires, Mud Tires, and All Terrain Tires), Application (All-Terrain Vehicle (ATV) and Utility Terrain Vehicle (UTV)), and Industry Vertical (Agriculture, Military, Mountaineering, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2030.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
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Brake System Market : Regenerative and Dynamic Braking to Grow at CAGR 9.8% From 2020 – 2027

The global Brake System Industry estimated $41.62 billion in 2019, and is expected to hit $61.20 billion by 2027, witnessing a CAGR of 7.0% from 2020 to 2027. The report provides a detailed analysis of changing market dynamics, top investment pockets, major winning strategies, key segments, and competitive scenarios.

Growth in production & sales of commercial vehicles and off-highway trucks, rise in stringency of automotive active safety regulations, and initiatives of new car assessment program (NCAP) on electronic brake systems proliferate the growth of the global brake system market. On the other hand, high development cost of electronic brake systems and huge maintenance costs hamper the growth to certain extent. Nevertheless, stringent regulations regarding load carrying capacity, mandates on air brakes installation, and advent of the brake-by-wire system and regenerative braking usher a wide array of opportunities for the market players.

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Covid-19 Scenario-

  • The covid-19 outbreak has immensely affected the industry, as most of the original equipment manufacturers (OEM) have kept the production of brake systems on hold.
  • The supply chain management has been disrupted resulting in shortage of raw materials. The demand from automotive industry has decreased significantly during lockdowns.
  • However, the manufacturers have started reprocessing their activities as government bodies in several regions have eased off the regulations.

The global brake system market is segmented on the basis of product type, sales channel, end use, and region. Based on product type, the market is further segmented into disc brakes, drum brakes, hydrostatic brakes, hydraulic wet brakes, and regenerative & dynamic braking. The drum brakes segment held the highest market share in 2019, with nearly half of the total share market, and is projected to continue its dominance during the forecast period. On the other hand, the regenerative & dynamic braking segment is expected to showcase the fastest CAGR of 9.8% from 2020 to 2027.

Based on end use, the market is classified into automotive, construction equipment, agricultural equipment, industrial trucks, and mining equipment. The automotive segment accounted for the largest market share, with more than half of the total share of the global brake system market in 2019, and is anticipated to uphold its leadership by 2027. In addition, the same segment is estimated to manifest the highest CAGR of 7.6% during the forecast period.

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Based on region, the market is analyzed across regions including Asia-Pacific, Europe, LAMEA, and North America. The Asia-Pacific region held lion’s share by generating more than two-fifths of the total share in 2019, and will maintain its lead position throughout 2027. Furthermore, this region is also projected to grow at the highest CAGR of 8.0% from 2020 to 2027.

The frontrunners profiled in the brake system market report include AISIN SEIKI Co., Ltd., CONTINENTAL AG, BREMBO S.P.A., Delphi Technologies, Hitachi Automotive Systems, Ltd., HALDEX, KNORR-BREMSE AG, Robert Bosch GmbH, Nissin Kogyo Co., Ltd., and ZF FRIEDRICHSHAFEN AG.

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Similar Reports We Have on Automotive & Transportation Industry

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Automotive Brake System Market by Type (Disc and Drum), Technology (Antilock Braking System (ABS), Traction Control System (TCS), Electronic Stability Control (ESC), and Electronic Brake Force Distribution (EBD)), Vehicle Type (Passenger ICE Vehicle, Commercial ICE Vehicle, and Electric Vehicle), and Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2019–2026.

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Automotive Brake Valves Market by Type (Engine (Inlet & Outlet) Valves, AC Valve, Brake Valve, Thermostat Valve, Fuel System Valve, Solenoid Valve, Exhaust Gas Recirculation Valve, Tire Valve, Water Valve and AT Control Valve), Application (Engine System, HVAC System and Brake System), Function (Electric, Pneumatic and Hydraulic) and Vehicle (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2021–2027.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

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Aviation Lubricants Market : Synthetic Technology to Rise at CAGR 6.8% During 2020 – 2027

The global Aviation Lubricants Industry generated $2.24 billion in 2019, and is expected to reach $2.84 billion by 2027, witnessing a CAGR of 6.2% from 2020 to 2027.

Prime determinants of growth

Increase in number of airline passengers, rise in consumption of synthetic lubricants, and surge in number of airports drive the growth of the global aviation lubricants market. However, contamination in lubricants hinders the growth of the market. On the other hand, demand for low-density lubricants and development of safe and eco-friendly lubricants create new growth opportunities.

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COVID-19 Scenario

  • The demand for aviation lubricants reduced significantly as the aerospace industry became one of the worst-hit industries due to the Covid-19 pandemic. The ban on domestic as well as the international flight has been imposed in many countries by governments.
  • The lockdown imposed by governments led to a halt in the manufacturing activities of lubricants. Moreover, disruptions in the supply chain led to a shortage of raw materials.
  • As governments have been allowing domestic and international travel, the demand would grow gradually as the number of domestic and international flights rises.

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The engine oil segment to maintain its leadership status throughout the forecast period

Based on type, the engine oil segment accounted for the largest share in 2019, holding nearly half of the global aviation lubricants market, and is expected to maintain its leadership status throughout the forecast period. This is due to engine oils being replaced every 50 hours or four months to ensure optimum engine performance. However, the special lubricants & additives segment is estimated to grow at the highest CAGR of 8.2% from 2020 to 2027, owing to excellent lubrication provided against friction and wear.

The synthetic segment to continue its highest contribution by 2027

Based on technology, the synthetic segment contributed to the highest share in 2019, accounting for more than half of the total share of the global aviation lubricants market, and is expected to continue its highest contribution by 2027. This is attributed to high tolerance to extreme temperatures and aging along with development of cost-effective synthetic lubricants. However, the mineral-based segment is projected to witness the highest CAGR of 6.8% during the forecast period. This is due to good solubility with additives, low cost, and enhanced compatibility with seals.

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Asia-Pacific, followed by North America, to continue its dominant share by 2027

Based on region, Asia-Pacific, followed by North America, held the largest share in terms of revenue, accounting for nearly one-third of the global aviation lubricants market share in 2019, and will continue its dominant share during the forecast period. This is due to growth in air traffic rate, introduction of new airlines, and increase in domestic flights. However, LAMEA is projected to portray the highest CAGR of 8.0% from 2020 to 2027, owing to rise in the construction of new airports in the region.

Leading Market Players

  • Exxon Mobil Corporation
  • Aerospace Lubricants, Inc.
  • The Chemours Company
  • Royal Dutch Shell plc
  • NYCO
  • LANXESS
  • LUKOIL
  • Nye Lubricants, Inc.
  • Eastman Chemical Company
  • ROCOL
  • JET-LUBE

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Automotive Antifreeze Market by Fluid Type ( Ethylene Glycol, Propylene Glycol and Glycerin), Technology (Inorganic Additive Technology (IAT), Organic Acid Technology (OAT) and Hybrid Organic Acid Technology (HOAT)), Application (Passenger vehicle, Commercial vehicle and Construction vehicle), and Distribution Channel (Original Equipment Manufacturers (OEMs) and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020–2027.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Air Traffic Control Market : Remote Tower Airspace to Grow at CAGR 7.2% From 2020 – 2027

The global Air Traffic Control Industry generated $8.41 billion in 2019, and is estimated to generate $11.50 billion by 2027, witnessing a CAGR of 4.1% from 2020 to 2027. by Airspace (ARTCC, TRACON, ATCT, and Remote Tower), Application (Communication, Navigation, Surveillance, and Automation), Offerings (Hardware, Software & Solutions, and Services), and Airport Size (Large, Medium, and Small), and Sector (Commercial, and Military & Defense): Global Opportunity Analysis and Industry Forecast, 2020–2027.”

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Prime determinants of growth

Rise in number of passengers, requirement of a better aerospace management system, and surge in number of airports drive the growth of the global air traffic control market. However, expensive ATC systems and potential threats from cyber-attacks hinder the market growth. On the other hand, implementation of the satellite-based air traffic control systems is expected to present new opportunities in the coming years.

COVID-19 Scenario

  • As most of the airline operators have ceased operations, there has been a considerable decrease in air traffic. There has been nearly 80–90% reduction in air traffic in the European region during the COVID-19 pandemic, according to the European Organization for the Safety of Air Navigation (EUROCONTROL).
  • Governments and airlines have collaborated to continue operations related to medical services, humanitarian aids, and relief flights.
  • As the lockdown restrictions ease off and local flights begin to take off, crew, air traffic controllers, and other ground personnel have been trained regarding preventive measures such as hand hygiene, social distancing, respiratory etiquette, waste disposal, environmental cleaning, and mask usage.

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The ATCT segment to continue its dominant position throughout the forecast period

Based on airspace, the ATCT segment accounted for the largest share in 2019, contributing to nearly half of the global air traffic control market, and is expected to continue its dominant position in terms of revenue throughout the forecast period. This is attributed to its implementation as a mandatory aeronautical facility for the seamless and hassle-free day-to-day operations at the airports. However, the remote tower segment is expected to portray the highest CAGR of 7.2% from 2020 to 2027, owing to cost efficiency it offers at the airport by eliminating the requirement of building and maintaining control tower buildings and facilities.

The surveillance segment to maintain its highest share throughout the forecast period

Based on application, the surveillance segment contributed to more than two-fifths of the global air traffic control market in 2019, and is expected to maintain its highest share throughout the forecast period. This is attributed to ability to discover any aircraft without usage of any on-board equipment for locating aircraft. However, the automation segment is expected to portray the highest CAGR of 6.8% during the forecast period. This is due to offering real-time data updates that assist in streamlining the overall flight plans and making collaborative decisions regarding surface movement.

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LAMEA, followed by North America, to register the fastest growth rate

Based on region, LAMEA, followed by North America, is estimated to register the fastest CAGR of 6.2% from 2020 to 2027, owing to rise in passenger traffic through the Middle East region and construction of new airports. However, Asia-Pacific accounted for more than one-third of the global air traffic control market in 2019, and is expected to continue its lead during the forecast period. This is due to surge in air passenger traffic and modernization of existing airports.

Leading market players

  • Adacel Technologies Limited
  • BAE Systems
  • Frequentis AG
  • Indra Sistemas SA
  • Leonardo S.p.A
  • Northrop Grumman Corporation
  • Raytheon Technologies Corporation
  • Saab AB
  • SkySoft-ATM
  • Thales Group

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Truck Platooning Market : LAMEA Region to Grow at CAGR 36.0% From 2018 – 2025

Allied Market Research published a report, titled, Truck Platooning Market by Technology (Adaptive Cruise Control (ACC), Blind Spot Warning (BSW), Global Positioning System (GPS), Forward Collision Warning (FCW), Lane Keep Assist (LKA), and Others), Platooning type (Driver-Assistive Tuck Platooning (DATP) and Autonomous Truck Platooning), and Communication Technology (Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V2V), and Vehicle-to-everything (V2X)): Global Opportunity Analysis and Industry Forecast, 2018–2025.” According to the report, the global truck platooning market garnered $500.9 million in 2017 and is expected to garner $4.59 billion by 2025, growing at a CAGR of 32.4% from 2018 to 2025.

Stringent government policies for reducing emission in the transport sector, lowered fuel consumption, and supportive government initiatives for platooning drive the growth in the market. However, expensive platooning technology and increase in security & privacy concerns hinder the market growth. On the other hand, expanding size of fleet of truck platooning and surge in production of fully autonomous trucks create new pathways in the industry.

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Adaptive cruise control (ACC) technology to maintain the highest share by 2025

Based on technology, the adaptive cruise control (ACC) technology accounted for the highest market share in 2017, contributing nearly one-fourth of the total share. This is due to its advantages such as crash avoidance, less driver fatigue, and others. However, the blind spot warning (BSW) technology is expected to register the highest growth rate, with a CAGR of 38.4% from 2018 to 2025. This is attributed to reliable information provided regarding vehicle’s blind spot, safe lane changing, high level of safety, and others.

Driver-assistive tuck platooning (DATP) segment to dominate throughout the forecast period

Based on platooning type, the driver-assistive tuck platooning (DATP) segment contributed nearly 99% of the total market share in 2017, and is estimated to maintain its dominance throughout the forecast period. This is owing to autonomous trucks being in development phase along with feasibility of trucks with level 1 and level 2 automation for truck platooning. However, the autonomous truck platooning segment is expected to grow at the largest CAGR of 46.6% during the forecast period, 2018–2025. This is due to continuous developments carried out by the leading truck manufacturers producing trucks equipped with autonomous technology.

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North America to maintain its dominant position by 2025

North America contributed nearly half of the total share in terms of revenue in 2017, owing to supportive government policies for carrying out tests for platooning trucks on the roads. This region would maintain its dominant position throughout the forecast period. However, LAMEA is estimated to register the highest growth rate with a CAGR of 36.0% from 2018 to 2025, owing to reduction in fuel consumption, lowered carbon emissions, and others.

Key market players

Leading market players analyzed in the research include AB Volvo, Continental AG, Bendix Commercial Vehicles Systems LLC, Delphi Automotive PLC, Daimler AG, Navistar International Corporation, Meritor Wabco, Peloton Technology, OTTO Technologies, Scania AB, and others.

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Global Self-Driving Truck Market Expected to Reach $1,669 Million by 2025 North America is expected to dominate the global self-driving truck market during the forecast period. In addition, in 2020, China is also projected to remain dominant in the Asia-Pacific market. Similarly, the U.S. is anticipated to dominate the market in North America, whereas the UK is anticipated to lead in Europe in 2020.

Global Wireless Electric Vehicle Charging Market Expected to Reach $1,478.4 Million by 2025 Stringency in emission regulations have led the OEMs and government to promote the usage of the electric vehicles. This has resulted to increase in demand for the electric vehicles. Different governments are taking initiative to promote the usage of the electric vehicles such as in Norway the government has introduced tax exemption and free parking and toll for EV buyers.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Utility Bill Management System Market : Global Opportunity Analysis and Industry Forecast 2019–2026

Utility bill management system is a computer aided tool which is used by operators of electric utility grids for optimizing, monitoring, and controlling the performance of the generation and transmission system in real time. The main features of utility bill management system are budget creation, budget tracking, expenses tracking, contract management, invoice management, and benchmark. Utility Bill Management System Market is expected to witness significant adoption among various industry verticals over the forecast period.

There are various rules and regulations made by governments across the world for implementing the utility bill management system as it is for controlling the environmental emissions. It also provides services such as load forecasting, data analytics, fault calculation, and state emission, which helps industries in reducing excess power generation. Moreover, the increase in the need for energy cost systems is considered to boost the utility bill management system market growth.

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Increase in the need for accurate bill generation and surge in the adoption of smart meters by governments across the globe are the major factors that drive the growth of the market. In addition, increase in energy cost and need for efficient energy systems are factors expected to fuel the growth of the global market.

However, lack of technological expertise and data & security concerns hamper the growth of the utility bill management system market. Furthermore, rise in energy crisis as well as growth in industries in emerging economies and commitment to smart city programs by major economies are anticipated to create major opportunities for the market.

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The market is segmented into component, end-user, application, and region. In terms of component, it is segmented into software and services. By end-user, the market is segmented into residential and commercial. As per application, it is classified into home energy management system, building energy management system, and industrial energy management system. Region-wise, the utility bill management system market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the utility bill management system market analysis are IBM Corporation, Honeywell International, Inc., Siemens AG, Cisco Systems Inc., Schneider Electric SE, ABB Ltd., Eaton Corporation, Itron Inc., CA Technologies, and Emerson Electric Co.

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Key Benefits for Stakeholders
  • The study provides an in-depth analysis of the market size along with the current utility bill management system market trends and future estimations to elucidate the imminent investment pockets.
  • Information about the key drivers, restraints, and opportunities and their impact analysis on the utility bill management system market share is provided.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the utility bill management system industry.
  • The quantitative analysis of the market industry from 2019 to 2026 is provided to determine the market potential.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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1.Bill of Material Management Market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Industrial Networking Solutions Market Outlook: 2026

An Industrial Networking Solution Market is the backbone of any automation system architecture as it provides powerful means of data exchange and data control ability and flexibility to connect various devices. Data communication refers to the transfer of information or data, mostly in digital format, from a transmitter to a receiver through a link connecting these two.

Traditional communication networks are used to enable data communication between computers and other devices. These networks are used in the distribution of products, offer technical support, and provide IT services, which need wired and wireless networking system. 

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Rise in the growth of industrial IoT and proliferation of wireless technologies in industry operations are the major factors that drive the growth of the industrial networking solutions market. In addition, increase in demand for industrial ethernet & wireless technologies and increase in the advent of data analytics and data processing fuels the growth of the industrial networking solutions market growth.

Data security and privacy concerns as well as data migration challenges hamper the growth of the market. Furthermore, widespread adoption of personal devices in the workplace and continuous increase in the number of IoT devices are anticipated to create major opportunities in the industrial networking solutions market.

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The industrial networking solutions market is segmented into component, organization size, networking type, application, industry vertical, and region. In terms of component, it is bifurcated into solution and services. As per organization size, it is segmented into large enterprises and small & medium enterprises. By networking type, it is divided into wireline networking and wireless networking.

By application, it is classified into remote monitoring, asset tracking & management, supply chain management, real-time streaming & video, emergency & incident management, and predictive maintenance. As per industry vertical, industrial networking solutions market is categorized into BFSI, retail & e-commerce, manufacturing, government & defense, energy & utilities, IT & telecom, education, healthcare, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The key players profiled in the industrial networking solutions market analysis are Huawei Technologies Co. Ltd., Cisco System Inc., Belden Inc., Moxa Inc., Rockwell Automation Inc., Juniper Networks Inc., Sierra Wireless, Belden Incorporated, Eaton Corporation Inc., and Aruba Networks.

Key benefit for Stakeholders
  • The study provides an in-depth analysis of the global industrial networking solutions market share along with the current trends & future estimations to elucidate the imminent investment pockets.
  • Information about the key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of the global industrial networking solutions market from 2018–2026 provided to determine the market potential.

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  1. Social Networking Advertising Market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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