Household Vacuum Cleaners Market is Expected to Reach $16,657 Million, Globally, by 2022

Household Vacuum Cleaners Market Global Opportunities and Industry Forecasts, 2014 – 2022

The world household vacuum cleaners market is anticipated to witness steady demand during the forecast period on account of growing working population and rising consumer expenditure across the globe. Moreover, individuals are inclined towards technologically advanced products such as robotic vacuum cleaners due to their automatic operation & significant reduction in time, which would further fuel the demand.”

Household Vacuum Cleaners Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $16,657 million by 2022. Upright vacuum cleaners segment is estimated to dominate this market during the analysis period. Asia-Pacific accounted for more than one-third of the market in 2015 and would maintain its dominance throughout the forecast period.

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The key players in the household vacuum cleaners market focus on expanding their business operations in the fast-growing emerging countries with new product launch as their preferred strategy. The major players profiled in this report include AB Electrolux, Haier Group Corp., LG Electroncis, Inc., Miele & Cie. KG, Samsung Electronics Co., Ltd., Dyson Ltd., Bissell Inc., iRobot Corporation, Panasonic Corporation, and Koninklijke Philips N.V.

Growth in urban population in developing nations, improved infrastructural facilities, and rise in awareness towards cleanliness and hygiene worldwide, are factors that drive the market. Cost-effectiveness, safety, efficiency, high accessibility to corner & small areas, and automation in household cleaning has resulted in increased demand for vacuum cleaners. In addition, improvement in living standards, rise in disposable income, increase in working population, coupled with high purchasing power, and ease of operations in vacuum cleaners are anticipated to further drive the demand for household vacuum cleaners globally. However, unawareness, high energy consumption in conventional type of vacuum cleaners, and high prices of robotic cleaners limit the market growth.

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Canister household vacuum cleaners segment accounted for about one-fourth of global household vacuum cleaners market in 2015, as these are the most commonly used vacuum cleaners for household cleaning, due to their high suction power and easy accessibility. In addition, robotic household vacuum cleaners segment is the fastest growing segment, and is projected to account for over 20% of the overall market by 2022, owing to their various advanced features such as automated GPS system, self-charging, navigation sensors, and self-adjusting cleaning head.

Upright household vacuum cleaners segment is estimated to continue to dominate the overall household vacuum cleaners market, owing to their comparatively small size, high suction power, and large cleaning surface area. Wet/dry and drum vacuum cleaners are projected to exhibit moderate growth during the forecast period.

Offline mode of sale segment is projected to maintain its lead, due to benefits such as overall product experience, in-depth knowledge of product & specifications, and reduced shipping time features. The growing demand of online retail shops in the developed & developing economies of North America, Europe, and Asia further boosted the market growth.

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Asia Pacific accounted for the majority of revenue in 2015, owing to the increased adoption of automated cleaning solutions in metro cities, increased awareness about health & hygiene, rise in popularity of robotics & drum household vacuum cleaners, and growth in disposable incomes. Moreover, government initiatives such as Swach Bharat Abhiyan and rapid urbanization in countries such as India, Malaysia, and South Korea are expected to further boost the demand for vacuum cleaners in this region.

Stiff government regulations in Europe regarding energy efficiency by the EU and decrease in lifespan of products are anticipated to facilitate the demand for stick, handheld, and robotic vacuum cleaners in the European region. Low product differentiation and presence of significant number of small and large market players have resulted in price reduction of these products.

Geographically, Asia-Pacific region is expected to maintain its leading position, followed by Europe. Asia-Pacific on account of significant demand from countries such as China, Australia, Japan, South Korea, India, and other South Asian countries, is expected to pose lucrative opportunities for the market players. Moreover, in North America and LAMEA regions, the growth momentum would continue as a result of favorable economic conditions and growing awareness.

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Key Findings of Household Vacuum Cleaners Market Study:

In the year 2015, upright vacuum cleaners led the overall household vacuum cleaners market revenue, and is projected to grow at a CAGR of 2.7%.
Robotic vacuum cleaners are expected to gain a significant market share over the forecast period, owing to their automotive GPS operations and increased demand in household segment due to its ease of access.
Others vacuum cleaners segment is projected to grow at a CAGR of 4.9%. The offline mode of sale is projected to generate the highest revenue in the mode of sale segment.
Asia-Pacific generated the highest revenue, among all regions in 2015, owing to rising female working population & growing demand for programmed products.
China is the major shareholder, accounting for about one-third share of the Asia-Pacific household vacuum cleaners market.

Similar Report :-
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Homewares Market

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. 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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Aeroponics Market Expected to Garner $3.53 Billion by 2026

According to a new report published by Allied Market Research, titled, “Aeroponics Market by Application (Indoor Farming and Outdoor Farming) and Component (Irrigation Component, Lighting, Sensor, Climate Control, Building Material, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026,” the global aeroponics market size was valued at $578.70 million in 2018, and is projected to reach $3.53 billion by 2026, growing at a CAGR of 25.60% from 2019 to 2026. Asia-Pacific contributed nearly 49.55% of the share in 2018. The report offers a detailed analysis of changing Aeroponics Market dynamics, key segments, competitive landscape, major investment pockets, and investment feasibility. These data and statistics will offer a valuable source of guidance for startups, stakeholders, leading market players, and investors to avail useful insights regarding the market and implement necessary strategies.

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The report provides a detailed analysis of key market players operating in the global Aeroponics Market. The leading market players analyzed in the report include AeroFarms, Aeroponics (AERO Development Corp), BrightFarms Inc, Evergreen Farm Oy, LettUs Grow, CombaGroup SA, Altius Farms, Ponics Technologies, Living Greens Farm, and Frei

The report offers a business outline coupled with financial analysis and portfolio analysis of services and products. Furthermore, it includes the latest advancements, information, and news based on acquisitions and mergers, business expansions, new growth strategies, collaborations, latest product launches, and recent developments to provide a better understanding and insights of the industry to the existing as well as new entrants in the Aeroponics Market. This information also helps the market players to make strategic decisions to remain competitive in the market, throughout. Moreover, the report also provides the top market players that are ruling the market.

Key Benefits for Stakeholders

  • This study comprises analytical depiction of the global Aeroponics Market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall Aeroponics Market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current Aeroponics Market forecast is quantitatively analyzed from 2021 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and the Aeroponics Market share of key vendors.
  • The report includes the electrical cable market trends and the market share of key vendors.

The research provides an extensive analysis of drivers, restraints, and opportunities of the global Aeroponics Market growth. These insights are useful for determining further strategies and tap on opportunities to achieve sustainable growth. This information and its thorough explanations will also help in knowing driving forces and adopt strategies for realizing growth. Moreover, market players, investors, and new entrants can adopt these insights for identifying the market potential and achieve competitive advantage.

The report offers a comprehensive segmentation of the global Aeroponics Market share on the basis of type, applications, end users and region. A detailed analysis of each segment and sub-segment is provided in the report with the help of tabular and graphical formats. This analysis is a valuable source of information in determining the largest revenue generating and fastest growing segments. Moreover, these insights will guide in adopting various strategies to achieve growth during the forecast period.

The research provides an extensive competitive scenario of the global Aeroponics Market for different regions and respective countries. Regions analyzed in the report include North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). The data and information about these regions and countries are valuable in determining the strategies and exploring Aeroponics Market potential. AMR also provides the customization services for a specific region, country, and segment according to the requirements.     

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CHAPTER 3:    MARKET OVERVIEW

3.1.    Market definition and scope
3.2.    Key findings

3.2.1.    Top impacting factors
3.2.2.    Top investment pockets

3.3.    Porter’s five forces analysis
3.4.    Patent analysis

3.4.1.    By region (2018–2026)

3.5.    Market dynamics

3.5.1.    Drivers

3.5.1.1.    Increase in popularity of organic food
3.5.1.2.    Limited arable land for traditional agriculture
3.5.1.3.    Popularity of disease-free environment for agriculture

3.5.2.    Restraints

3.5.2.1.    High initial investments

3.5.3.    Opportunities

3.5.3.1.    Increase in urban population
3.5.3.2.    Technological advancements replacing traditional farming techniquesa

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 AMR, 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. 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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Packaging Robots Market Expected to Reach $14.4 Billion by 2030

global packaging robots market size was valued at $4.3billion in 2020 and is projected to reach $14.4 billion by 2030, growing at a CAGR of 12.3% from 2020 to 2030.

Packaging robots are designed to open, fill, transport, palletize, seal, and label for packaging sectors. Packaging robots are used in various industries such as food & beverages, chemicals, and pharmaceuticals. The integration of packaging robots technology ensures accuracy and facilitates automation apart from increasing the storage space and operation efficiency. The market driven by surge in demand for automation due to intense competition in e-commerce sector, rise in number of stock-keeping units, and advancements in technology. However, high initial cost and shortage of skilled & trained personnel restrain the packaging robots market growth.

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On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is the largest user of packaging robots, followed by Europe. LAMEA is expected to grow at a CAGR of 19.4% during the forecast period. Asia-Pacific is expected to dominate the global packaging robots market due to growth in the e-commerce, food & beverage, pharmaceuticals, consumer products, logistics, and others industries during the forecast period.

The key players profiled in the market report include such as ABB Limited, Krones AG, Fanuc Corporation, Schneider Electric SE, Yaskawa America Inc., Mitsubishi Electric Corporation, Bosch Packaging Technology (Robert Bosch GmbH), Brenton Engineering, Kuka Roboter GmbH, and Remtec Automation LLC.

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Several manufacturers in the global packaging robots market stopped their business activities in 2020 due to lockdowns implemented in developed and developing countries, owing to ban on industrial activities due to the COVID-19 pandemic. This halt in production activities impacted the revenue of the packaging robots manufacturing companies. For instance, net sales of Krones AG dropped by 14.5% from January 2020 to December 2020. In addition, lack of man power and raw materials affected the supply chain of the global market. However, the market is projected to recover from the 1st quarter of 2022, due to reduced restrictions and reopening of the global packaging robots industry. Moreover, in 2021, with the availability of vaccine against COVID-19, the market re-opened at full pace with a start of 2022.

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Key Findings Of Study

  • The report provides an extensive analysis of the current and emerging global packaging robots market trends and dynamics. 
  • By gripper type, the clamp segment dominated the market in terms of revenue in 2020.
  • By application, the packing segment registered the highest growth in terms of revenue in the global packaging robots market share in 2020.
  • By end user, the food & beverages segment is projected to register the highest growth rate in the coming years.

Market players-

ABB Limited, Krones AG, Fanuc Corporation, Schneider Electric SE, Yaskawa America Inc., Mitsubishi Electric Corporation, Bosch Packaging Technology (Robert Bosch GmbH), Brenton Engineering, Kuka Roboter GmbH, and Remtec Automation LLC.

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Brake System Market Product Type (Disc Brake, Drum Brake, Hydrostatic Brake, Hydraulic Wet Brake, and Regenerative & Dynamic Braking) 2027

Brake system is a mechanical or electrical device that enables vehicle slow down or stop as per the driver’s requirement. Brakes are one of the important parts of vehicles. Brake system includes aset of components such as brake pedal, master cylinder, brake calipers, brake shoes, brake disc, brake rotor, brake drum, brake lining, and hoses. Brake system market growth is totally dependent on the performance of the end use industries such as automotive, construction equipment, agricultural equipment, mining equipment,and industrial trucks. To slow down or stop the vehicle or equipment at a desired level is most crucial factor as it is associated with work efficiency and loss of human life. The extreme working conditions such as construction and mining activities require a durable and cost-effective brake system to attain the desired working output. The drum brakes are the commonly usedbrakes across all the end-use industries due to its simple construction andcost effectiveness. 

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Major Market Players:

  • AISIN SEIKI Co. Ltd
  • BREMBO S.P.A.
  • CONTINENTAL AG
  • Delphi Technologies
  • HALDEX
  • Hitachi Automotive Systems, Ltd.
  • KNORR-BREMSE AG
  • Nissin Kogyo Co., Ltd.
  • Robert Bosch GmbH
  • ZF FRIEDRICHSHAFEN AG

The factors such as increase in sales & production of commercial vehicles and off-highway trucks, rise instringency of automotive active safety regulations, and impact of new car assessment program (NCAP) on electronic brake systems are expected to drive the global brake system market. However, high development cost of electronic brake systems andhigh installation & maintenance cost are expected to restrain the growth of market during the forecast period. Moreover, regulations related to load carrying capacity and mandates on air brakes installation, introduction of brake-by-wire system, introduction of regenerative braking are anticipatedto supplement the global brake system market growth; thus, providing a better opportunity for the growth of the market in the near future.

The global brake system market is segmented on the basis of product type, sales channel, end use, and region. Based on product type, the global brake system market has been categorized into disc brakes, drum brakes, hydrostatic brakes, hydraulic wet brakes, and regenerative & dynamic braking. Based on sales channel, the global brake system market has been categorized into original equipment manufacturers (OEM) and aftermarket. Based on end use, the market has been categorized into automotive, construction equipment, agricultural equipment, industrial trucks, and mining equipment. Region wise, the global brake system market has been studied across North America, Europe, Asia-Pacific, and LAMEA.

Key Market Segments

  • By Product Type
  • Disc Brakes
  • Drum Brakes
  • Hydrostatic Brakes
  • Hydraulic Wet Brakes
  • Regenerative & Dynamic Braking
  • By Distribution Channel
  • Original equipment manufacturers (OEMs)
  • Aftermarket
  • By End Use
  • Automotive
  • Construction Equipment
  • Agricultural Equipment
  • Industrial Trucks
  • Mining Equipment
  • BY DISTRIBUTION CHANNEL
  • Original equipment manufacturers (OEMs)
  • Aftermarket

The brake systems are integral parts of a vehicle. Thus, an increase in commercial vehicle production and sales have a direct impact on the brake system market. For instance, according to the data by the International Organization of Motor Vehicle Manufacturers (OICA), the global sales of commercial vehicles in 2019 was 27 million units, that is, a growth of 3.8% was encountered as compared to 2018. In addition, increase insales of commercial vehicles, primarily driven by the growth of logistics industry, islikely to propel the development of brake systems. Moreover, growth inproduction of commercial vehicles hasled to increase in demand for active safety system. Therefore, companies are implementing and launching active safety technologies such as advanced driver assist systems (ADAS) features in commercial vehicles. For instance, in 2020, Volvo Trucks launched four new generation of heavy-duty trucks. The truck is equipped with advanced driver assist systems (ADAS), which includeforward-collision warning, adaptive cruise control, lane departure warning, and automatic emergency braking. Furthermore, owing to increase inconstruction & infrastructure development projects, rise ininvestments in the mining industry, and surge indemand for technologically advanced trucks, the sales of off-highway trucks is expected to witness growth in the near future. Thus, increase insales & production of commercial vehicles and off-highway trucks fuelthe growth of the brake system market.

The governments around the world aremainly focusing on the standard that will lead to increased safety of the driver and passengers. Therefore, the regulatory authorities have established stringent regulations aiming to improve active safety in vehicles.  For instance, the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) and Insurance Institute for Highway Safety (U.S.), along with 20 prominent vehicle manufacturers, announced to incorporate automatic emergency braking (AEB) systems as a standard feature in all new cars from September 2022. From September 1, 2018, to August 31, 2019, 12 manufacturers equipped more than 75% of their new passenger vehicles with automatic emergency braking (AEB) systems. In addition, theGovernment of India mandated anti-lock braking system (ABS) for all two-wheelers above 125 cc and combined-braking system (CBS) for all two-wheelers below 125 cc, for the launches planned on or after April 1, 2018 to meet the norms. Therefore, stringency of automotive active safety regulations results in increased demand for active safety system in the vehicles. Thus, the brake system manufacturers are focusing on the development of advanced braking system to meet the new regulations, which, in turn, drivesthe growth of the air brake system 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. 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.

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Data Wrangling Market Witnessed To Flourish the Size of $5,581.18 Million By 2026

As per the report, the global data wrangling market was estimated at $1.45 billion in 2018 and is expected to reach $5.58 billion by 2026, growing at a CAGR of 18.4% from 2019 to 2026.

Rise in the adoption of big data analytics software among multiple organizations and an increase in cloud-based big data analytics software adoption among SMEs drive the growth of the global data wrangling market.

However, lack of awareness related to data wrangling tools among SMEs and issues related to data quality hinder the market growth. On the other hand, advancements in edge computing would offer new opportunities in the industry.

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The research offers a detailed segmentation of the global data wrangling market based on component, organization size, deployment model, business functions, industry verticals, and geography.

Based on component, the solution segment accounted for the major market share in 2018, holding nearly three-fourths of the global market, and is estimated to maintain the highest contribution throughout the forecast period. However, the service segment would register the fastest CAGR of 20.8% during the forecast period.

On the basis of the deployment model, the on-premise segment accounted for nearly three-fifths of the total market share in 2018 and is estimated to maintain its dominance by 2026. Simultaneously, the cloud segment is estimated to maintain the highest CAGR of 20.1% from 2019 to 2026.

Based on geography, North America held nearly two-fifths of the total revenue of the global market in 2018, and is expected to maintain the dominant share during the forecast period. However, Asia-Pacific is projected to witness the fastest CAGR of 20.9% during the forecast period.

Leading players of the global data wrangling market analyzed in the research include IBM Corporation, SAS institute, Oracle Corporation, Hitachi Vantara, Tibco Software, Alteryx, Teradata Corporation, Trifacta Software Inc., Impetus, and Paxata Inc.

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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.

Related Reports:

  1. Big Data Security Market

2. Multi-Tenant Data Center 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. 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 in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

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Air Traffic Control Market projected to reach $11.50 billion by 2027

The global air traffic control marketwas valued at $8.41 billion in 2019, and is projected to reach $11.50 billion by 2027, registering a CAGR of 4.1% from 2020 to 2027.

Air traffic control (ATC) is a service provided by ground-based air traffic controllers, which guides the pilot to ensure safety of the aircraft in the controlled airspace as well as on the ground. In addition, ATC provides advisory services for the non-controlled airspace as well. The primary aim of the ATC is to expedite the flow of air traffic as well as to avoid collision of the various aircrafts.

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Major 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

The significant factors impacting the growth of the air traffic control market include rise in number of airports, need of better airspace management systems, and increase in number of passengers. Further, potential risk of cyber threat, high cost of ATC systems, and adoption of the satellite based air-traffic control systems also have a significant impact on the market. Each of these factors is anticipated to have a definite impact on the air traffic control market during the forecast period (2020-2027). 

Air Traffic Control Market

Air transportation is considered as the safest mode of transportation when compared with all the other modes of transportation. In addition, global increase in population is anticipated to create demand for the additional airports to facilitate the east for air transportation, which is driving the air traffic control market growth. Moreover, it is anticipated that large investments will cater the need of new airports, especially in developing countries/regions.

Many developing countries have plans to open new airports to facilitate the air transportation within and across the country. For instance, as part of PM Narendra Modi’s vision to make India a $5 trillion economy by end of year 2025, India is planning to open additional 100 airports by the end of year 2024. This will directly create additional demand for the air traffic control systems, which boost the growth of the market.

Key Market Segments

  • BY APPLICATION
  • COMMUNICATION
  • NAVIGATION
  • SURVEILLANCE
  • AUTOMATION
  • BY OFFERINGS
  • HARDWARE
  • SOFTWARE &SOLUTIONS
  • SERVICES
  • BY SECTOR
  • COMMERCIAL
  • MILITARY & DEFENSE
  • BY AIRSPACE
  • AIR ROUTE TRAFFIC CONTROL CENTERS (ARTCC)
  • TERMINAL RADAR APPROACH CONTROL (TRACON)
  • AIR TRAFFIC CONTROL TOWER (ATCT)
  • REMOTE TOWER
  • BY AIRPORT SIZE
  • Large
  • Medium
  • Small

In accordance with the data releases by the International Civil Aviation Organization (ICAO), the number of departures reached about 37.8 million in 2018, which was a 3.5% increase over the last year. This data clearly indicates the increase in the global air traffic. This results in the increased burden on the existing air space management solutions, which translates into high higher risk of the air fatalities. For instance, the global aviation accident rate increased to 2.6 accidents per million schedule departures for year 2018, from 2.4 accidents per million scheduled departures in 2017. Thus, there is a need for better airspace management solutions, which is driving the global ATC market.

The air traffic control system at any airport constitutes 20% – 50% of the overall running cost of the airport. In addition, various governments are spending heavily to install air traffic control towers (ATCT) to enhance air traffic management. For instance, Delhi IGI Airport is now equipped with the India’s tallest ATC tower with 102 meters of height. This installation is expected to help smoothen the traffic flow at the busiest airport. Further, the total cost of setting up the new ATC tower and its facilities was around $50 million. Therefore, high cost of ATC systems may hinder the growth of the global air traffic control market.

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the air traffic control market trends with current trends and future estimations to depict the imminent investment pockets.
  • The overall potential is determined to understand the profitable trends to gain a stronger foothold.
  • The air traffic control market analysis presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current growth and air traffic control market forecast is quantitatively analyzed from 2019to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the ATC market share.
  • The study also comprises the air traffic control market opportunities, which help key players in decision making.

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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. 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.

Automotive Exhaust System Market 2019–2026 || Johnson Matthey, Tenneco , Eberspächer, BOSAL , Faurecia.

The global automotive exhaust system market size was valued at $77.33 billion in 2018 and is projected to reach $130.17 billion by 2026, registering a CAGR of 6.7% from 2019 to 2026. Asia-Pacific accounted for the highest share in 2018 and is expected to be the highest contributor to the global automotive exhaust system market, in terms of revenue, during the global market forecast. 

The automotive exhaust system is installed in the vehicles to collect the exhaust gases from the cylinder, removes harmful substances & impurities, reduces the level of noise and discharges the purified exhaust gas. The exhaust system consists of one or two channels depending on the engine and the flow resistance is selected so that the exhaust backpressure should not degrade the engine performance. In addition, exhaust manifold, exhaust pipes, catalytic converter, muffler, and the tail pipe are the major components of exhaust system. Also, the automotive exhaust system is majorly installed for to reduce the emission of harmful gases into environment and increase the efficiency of the engine.

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Major Market Players:

  • Johnson Matthey
  • BASF SE
  • Tenneco Inc
  • Eberspächer
  • Umicore
  • BENTELER International
  • BOSAL
  • Sejong Industrial Co.,Ltd
  • Klarius Products Ltd
  • Faurecia

Factors such as stringent government regulations for emission control and increase in automobile production are driving the growth of automotive exhaust market. In addition, adoption of nanotechnology in catalytic converters is anticipated propel the growth of market. However, growing electric vehicle production and high cost of automotive catalysts hinders the growth of automotive exhaust system market. Further, innovations in automotive catalysts and government initiatives in developing nations for emission reduction holds remarkable growth opportunity for the key player operating in the market.

The global automotive exhaust system market is segmented based on technology, fuel type, vehicle type, and geography. Based on technology, the market is divided into Diesel Oxidation Catalyst (DOC), Diesel Particulate Filter (DPF), Selective catalytic reduction (SCR), Exhaust gas recirculation (EGR), Gasoline Particulate Filter (GPF), and others. Based on fuel type, it is bifurcated into gasoline and diesel. Based on vehicle type, market is categorized as Passenger Cars and Commercial Vehicles. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Market Segments

  • BY VEHICLE TYPE
    • PASSENGER CARS
    • COMMERCIAL VEHICLES
  • BY TECHNOLOGY
    • Diesel Oxidation Catalyst (DOC)
    • Diesel Particulate Filter (DPF)
    • Selective catalytic reduction (SCR)
    • Exhaust gas recirculation (EGR)
    • Gasoline Particulate Filter (GPF)
    • Others
  • BY FUEL TYPE
    • Gasoline
    • Diesel

Government has established stringent regulation for pollutant gas emission from the vehicles because of combustion of fuels such as diesel fuel, fuel oil, petrol, gasoline, biodiesel, and others. Euro 6 is a latest emission regulation by European union directive to reduce harmful gases such as carbon monoxide (CO), nitrogen oxide (NOx), hydrocarbons, and others from exhaust system of the vehicle. Similarly, automotive catalyst is used in automotive exhaust systems such as catalyst converters, diesel particulate filters (DPF), diesel oxidation catalyst (DOC), and other emission control devices used to convert toxic and harmful gases from engines into less-toxic pollutant and help to meet the government emission standards. Thus, such stringent government regulations to control the emission from automobiles fuel the growth of the automotive exhaust system market.

Developing nations witness a rise in demand and production of automobile. For instance, India became the fourth largest automobile industry in the world with the increase in sales of 9.5% year-on-year to 4.2 million units. This rise in automobile production in the developing nations automatically leads to increased production in demand for automotive catalysts for emission control devices in automobile exhaust systems. Therefore, increase in automobile production is anticipated to boost the growth of the automotive exhaust system market. 

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Key Benefits for Stakeholders:

  • This study presents the analytical depiction of the global automotive exhaust system market analysis along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall automotive exhaust system market opportunity is determined by understanding the profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global market with a detailed impact analysis.
  • The current automotive exhaust system market is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers in the industry.

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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.

Armored Vehicles Market Vehicle Type (Armored Personnel Carrier, Infantry Fighting Vehicle, Main Battle Tanks, Tactical Truck, Bus, Limousine, Sedan, and Other) Forecast, 2019–2026

Armored Vehicles Market Statistics – 2026

The global armored vehicles market size was valued at $15.96 billion in 2018 and is projected to reach $21.97 billion by 2026, registering a CAGR of 4.2% from 2019 to 2026. Europe accounted for the highest share in 2018 and is anticipated to maintain its lead in the global market throughout the forecast period.

Factors such as rise in demand for armored vehicles owing to militarization of law enforcement agencies and increase in demand for bulletproof vehicles are anticipated to propel the growth of the armored vehicles market. However, decrease in national defense budgets hinders the growth of the market. Further, adoption of unmanned combat vehicle and production of modular armored vehicles provides remarkable growth opportunities for the players operating in the global market.

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Major Market Players:

  • BAE Systems.
  • General Dynamics Corporation
  • INKAS Armored Vehicle Manufacturing
  • International Armored Group
  • Krauss-Maffei Wegmann GmbH & Co.
  • Lenco Armored Vehicles
  • Lockheed Martin Corporation.
  • Oshkosh Corporation, Inc.
  • Rheinmetall AG
  • STREIT Group

Armored vehicles can be defined as military vehicles, commercial, or passenger vehicles that are fitted with complete or partial armor plating for protection against bullets, shell fragments, or any other projectiles. Armored vehicles that are used by the defense forces can either move on continuous tracks or wheels. They play a vital role when it comes to reconnaissance, frontline combat, and modern battlefield from logistics.

Armored Vehicles Market 

The global armored vehicles market segmentation is based on application, drive type, vehicle type, and region. Based on application, the market is divided into defense and commercial. Based on drive type, it is bifurcated into wheel and track. Based on vehicle type, the market is categorized into armored personnel carrier, infantry fighting vehicle, main battle tanks, tactical truck, bus, limousine, sedan, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Militarization can be defined as the process in which the civilian police force adopts the military model principles that include obtaining the equipment, tactics, mindsets, and culture of the military. Coverage of police militarization and public awareness has majorly focused on the acquisition of military equipment such as aircraft, weapons, and armored vehicles. For instance, since early 1990s, the U.S. Department of Defense’s 1033 program provided law enforcement agencies special access to the military-grade equipment. In addition, this program is now extended by President Trump. Further, around 8,000 law enforcement agencies utilized this program to access more than $6 billion worth of military equipment such as bayonets, grenade launchers, machine guns, and armored vehicles. Thus, increased militarization encourages the use of military tactics and military equipment, which in turn propel the armored vehicles market growth.

Key Market Segments

  • By Application
  • DEFENSE
  • COMMERCIAL
  • By Vehicle Type
  • Armored Personnel Carrier
  • Infantry Fighting Vehicle
  • Main Battle Tanks
  • Tactical Truck
  • Bus
  • Limousine
  • Sedan
  • Other
  • By Drive Type
  • Wheel
  • Track

The rising security challenges arising out of the increasing insurgent activities and crime rate is propelling the demand for civilian armored vehicles. In addition, armored vehicles are gaining popularity with number of public figures, and elite groups are adopting armored passenger vehicles for a greater sense of security. Leading automobile manufacturers are launching wide range of bulletproof vehicles to meet this rising demand for armored vehicles. For instance, in March 2019, Land Rover, a leading provider of luxury vehicles, launched the 2020 Range Rover Sentinel that contains armored glass and ballistic steel plate inside its body. Thus, rise in demand for bulletproof vehicles is anticipated to boost the growth of the armored vehicles market.

Unmanned ground vehicles provide remarkable potential for naval operations as these vehicles play a crucial role in supporting Marine combat and assisting in the logistics operations ashore as well as afloat. The development and deployment of these unmanned vehicles that can operate in a wide range of high-risk situations require addressing of several technical challenges. However, many countries are working with a focus on development of unmanned armored vehicles. For instance, Singapore has been working on development of unmanned land systems for a long time with the GINTIC Institute of Manufacturing Technology under the project Diana. This project explored feasibility of development of indigenous technologies for autonomous armored vehicles. In addition, this project was followed by DSTA-led Project Ulysses, which adopted specifically modified Autonomous UGV (AUGV), an M-113 armored personnel carrier (APC). This vehicle has features such as laser scanner, steering actuators, brake, and other autonomous features, which enable autonomous and remote functioning of large vehicles at all times in natural or difficult terrain. Thus, adoption of unmanned armored vehicle is anticipated to provide remarkable growth opportunities for the players operating in the armored vehicles market. 

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Name: David Correa

Email: Send Email

Organization: Allied Market Research

Address: 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States

Phone: 1-800-792-5285

Website: https://www.alliedmarketresearch.com/

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.

Pipeline Monitoring Systems Market Expected to Reach $29.1 Billion by 2030

global pipeline monitoring systems market size was valued at $13.8 billion in 2020, and is projected to reach $29.1 billion by 2030, registering a CAGR of 7.6% from 2021 to 2030. A pipeline is a type of infrastructure that allows liquid to be carried from its source to a refinery and then back to the distribution network. It is a convenient and cost-effective method of transporting liquids. Waste water, natural gas, crude oil, liquefied gas, petrochemical products, and other liquid or gaseous items are among the move along pipelines. Various materials such as aluminum, plastic, cement, steel, and stainless-steel are used to construct pipeline network. Various monitoring technologies like Intelligent Video Surveillance Supervisory Control and Data Acquisition (SCADA), Programmable Logic Control and Human Machine Interface (HMI), are being adopted widely to overcome oil & gas and petroleum leakage hazards..

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However, during the pandemic lockdown, various manufacturers in the pipeline monitoring systems had to stop their business in countries such as China, the U.S., and India. This break directly impacted sales of pipeline monitoring systems companies. In addition, lack of manpower and raw materials also constricted supply of equipment of pipeline monitoring systems has negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of pipeline monitoring systems companies.

In addition, these technologies create a digital pipeline infrastructure for oil and gas companies who wish to monitor and operate their operations remotely. As a result, organizations have increased their investment on network monitoring and are implementing comprehensive monitoring solutions to prevent making systems vulnerable to cyber-attacks and defend networks. For instance, in September 2021, Huawei Technologies has launched Optical Transport Network that are expected to speed up digital transformation in industries including electric power, oil and gas, coal mining, and manufacturing.

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Heat and pressure are frequently created in huge amount inside the pipelines network, which can result in pipeline damage such as fracture or leaking. Highly reactive fluids are frequently transferred through these pipes, and if they leak, they may cause significant harm to the environment as well as waste. Hence such factors are expected to create demand for adoption of pipeline monitoring systems market growth in oil & gas and other liquid plants. Further, oil and gas industries are being pushed to install monitoring systems across their infrastructure. Following an increase in terrorist threats and cyber-attacks on oil and gas infrastructure systems, oil and gas operators throughout the world have boosted their investment on infrastructure and network monitoring.

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Key Findings Of The Study

  • The report provides an extensive analysis of the current and emerging pipeline monitoring systems market trends and dynamics. 
  • In-depth pipeline monitoring systems market analysis is conducted by constructing estimations for the key segments between 2021 and 2030.
  • Depending on material type, the metallic pipe segment dominated the pipeline monitoring systems market, in terms of revenue in 2020 and the non-metallic pipe segment is projected to grow at a significant CAGR during the forecast period.
  • By technology, the ultrasonic testing segment has registered highest revenue in 2020.
  • By end user, the water and wastewater segment has registered highest revenue in2020.
  • Asia-Pacific is projected to register highest growth rate in the coming years.

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Market players-

Orbcomm Inc., Transcanada Company, PSI AG, Pure Technologies, Honeywell International Inc., Perma Pipe Inc., Siemens AG, Huawei Technologies Co. Ltd., BAE Systems, Inc. and Pentair PLC.

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Electronic Warfare Market: Airborne Platform to Rake at 6.1% CAGR During 2020-2028

According to a recent report published by Allied Market Research, titled, Electronic Warfare Market By Capability, Equipment, Product, And Platform: Global Opportunity Analysis And Industry Forecast, 2021–2028,” the global electronic warfare market was valued at $15,811.4 million in 2020, and is projected to reach $23,560.4 million by 2028, registering a CAGR of 5.6% from 2021 to 2028.

North America dominates the market, in terms of revenue, followed by Europe, Asia-Pacific, and LAMEA. U.S. dominated the global electronic warfare market share in 2020, and is expected to grow at a significant rate during the forecast period, owing to presence of robust manufacturing and development infrastructure for electronic warfare systems in the country. Electronic warfare is a warfare technology that comprises use of electromagnetic spectrum as a tool to deny and attack enemy assets. Multiple types of electronic warfare capabilities such as electronic protection, electronic support, and electronic attack are implemented in land, naval, airborne, and space platforms depending on requirement of the industry. Electronic warfare offers covert, faster, and effective defense services, which can be made available to commercial and government applications.

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By product, the market is categorized into EW equipment and EW operational support products. The EW equipment segment accounted for the highest revenue in 2020, owing to increase in adoption of electronic warfare defense systems worldwide. Rise in demand for advanced electronic warfare in remote areas inaccessible by conventional defense platforms further increases demand for electronic warfare technology around the globe. Evolution of modern electronic warfare solutions such as stealth aircraft attack, cyberspace electronic warfare, force-fields, and cloaking devices improves agility of electronic warfare technology. Rise in unorthodox threats from enemy promotes adoption of advanced and secure warfare technologies by defense organizations and institutions, which further boosts development of electronic warfare equipment. Moreover, surge in deployment of satellites by commercial and private companies also increases demand for electronic warfare systems for space platforms.

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By equipment, the electronic warfare market is segregated into jammer, countermeasure system, decoy, directed energy weapon, and others. The countermeasure system segment dominated the equipment segment in 2020, owing to the development of advanced countermeasures electronic system (ACES) and advanced countermeasures dispenser system (ACDS) by market leaders in the defense industry. The jammer segment is gaining popularity owing to rise in demand for GPS interference devices in battlefields. Moreover, rise in deployment of electronic warfare technology has led to growth of EW equipment segment over the years.

Growth in need for surveillance, intelligence, and self-protection capabilities and rise in adoption of electronic warfare systems, owing to increase in territorial and intercountry conflicts are expected to drive the market growth during the forecast period. However, high deployment cost and vulnerability of electronic warfare systems to cyber-attacks are anticipated to hamper growth of the market during the forecast period. Moreover, implementation of electronic protection systems in civil aviation and rise in defense expenditure globally are expected to offer lucrative opportunities for the market in the future.

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COVID-19 Impact Analysis

The COVID impact on the electronic warfare market is unpredictable, and it is expected to remain in force till the second quarter of 2021.
The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and made social distancing mandatory to contain the spread of the virus. This led to a sudden downfall in global trade, which further reduced demand for electronic warfare across the globe.
Moreover, nationwide lockdowns forced electronic warfare manufacturing facilities to partially or completely shut their operations.
Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of innovative electronic warfare solutions.

Key Findings Of The Study

By capability, the electronic protection segment is expected to register a significant growth during the forecast period.
By equipment, the jammer segment is anticipated to exhibit significant growth in the future.
By product, the EW Equipment segment is projected to lead the global electronic warfare market owing to higher CAGR as compared to other end-use industries.
By platform, the airborne segment is predicted to dominate the platform market during the forecast period.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

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Key players operating in the global Electronic Warfare market include BAE Systems plc, Elbit Systems Ltd., General Dynamics Corporation, Israel Aerospace Industries Ltd. (IAI), L3Harris Technologies, Inc., Leonardo SpA, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, SAAB AB, and Thales Group.

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.

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