Onion Powder Market Intelligence Report for Extensive Research Analysis 2022-2031

Onion powder is made from dehydrated onions that adds the same flavor as fresh onions. Onion powder is used in diversified food products such as soups, sauces, pizzas, canned food, sea food, salads, meat, and others. It is a prominent ingredient in season salt and spice mixes. Commercial onion powder is prepared by using methods such as freeze-drying, flow drying, vacuum-shelf drying and dehydration. Onion powder saves a lot of time while cooking as it doesn’t requires chopping. It is easy to store and is lighter in weight. Wide application of onion powder as a seasoning and food ingredient has resulted in the expansion of the onion powder market.

The global onion powder market is driven by increase in demand for ready-to-eat food products such as noodles, soups, sauces, pizza, pastas, and other products. Onion powder is used as essential ingredient in foods like soups, sauces and salad dressing. Onion powder is also used in topping finished dishes such as vegetable dishes, meat and casseroles. Furthermore, onion powder is in great demand as it is used as culinary onions by large catering, institutions, and industrial canteens. Onion powder contains more strong flavors as compared to fresh onion. Moreover, onion powder has health benefits that include it contributes to bone health, immunity, muscle, nerve functioning, regulating blood pressure, and others. Onion powder is low in calorie but high in nutrients which includes vitamin C, B and potassium. Onion powder consists of specific compounds such as quercetin and sulfur compounds, which helps in reducing high blood sugar level. In addition, onion powder packaging is done in pouches, cans, and aseptic cartons that preserves the flavor of onion powder for a longer time

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The segmentation of onion powder market can be done on the basis of nature, end-users, distribution channel, and region. On the basis of nature, market can be segmented into organic and conventional. By packaging, the market is categorized into pouches, cans, and aseptic cartons. By distribution channel, it can be divided into specialty stores, hypermarket/supermarket, online retailers, department stores, and convenience. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global onion powder market from 2018 to 2026 to identify the prevailing market opportunities.
The key countries in all the major regions are mapped based on their market share.
Porter’s five forces analysis highlights the potency of the buyers and the suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.

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Key Market Segments

By Nature
Organic
Conventional

By Packaging
Pouches
Cans
Aseptic Cartons

By Distribution Channel
Specialty Stores
Hypermarket/Supermarket
Online Retailers
Department Stores
Convenience Stores

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Some of the major players operating in the onion powder market are Anhui ZhengWei Agricultural Products, Linyui Wonderful Foodstuff, V.T. Foods Pvt. Ltd, Henan Sunny Foods, Oceanic Foods Limited, Laiwu Taifeng Foods, Pardes Dehydration Company, Natural Dehydrated Vegetables Pvt.Ltd., SODELEG, and Rockerbox Garlic LLC.

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Banana Flour Market

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Hard Seltzer Market Size to Garner $10,921.9 Million with Growing at 12.7% CAGR by 2027

Hard Seltzer Market by ABV Content(ABV Less Than 5% and ABV More Than 5%), Packaging (Metal Cans, Glass Bottles, and Plastic Bottles), and Distribution Channel (Off-trade and On-trade): Global Opportunity Analysis and Industry Forecast 2021–2027″. As per the report, the global hard seltzer industry was pegged at $3.83 billion in 2019, and is expected to garner $10.92 billion by 2027, growing at a CAGR of 12.7% from 2021 to 2027.

Hard seltzer, spiked seltzer, or hard sparkling water is a type of highball drink containing carbonated water, alcohol, and fruit flavoring. The fruit-flavored sparkling hard seltzer can or bottle is with just 100 calories, one gram of sugar, and 5% alcohol by volume (ABV). This has made it massively appealing among health-conscious consumers.

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Rise in disposable income and increase in expenditure on alcoholic beverages drive the growth of the product market. Furthermore, rise in consumption rate of alcoholic drinks and increase in trend of hard seltzer among the young population are some of the other factors that fuel the demand for hard seltzer in the market.

By packaging, the metal cans segment held the largest share in 2019, accounting for more than half of the global hard seltzer market, as it is lightweight, impermeable, and has high flexibility properties which make it ideal for the packaging of hard seltzer beverages.However, the glass bottles segment is expected to manifest the highest CAGR of 13.6% during the forecast period, due to benefits associated such as maintain flavor brilliance and freshness, display appeal, and sustainable.

By distribution channel, the on-trade segment is expected to register the highest CAGR of 13.6% during the study period, owing toincreasing number of consumers drinking hard seltzers in bars and restaurants as it has a high standard of services, privacy, and community involvement. However, the off-trade segment held the largest share in 2019, contributing to more than two-thirds of the global hard seltzer market, due tothe growing retail industry, urbanization, and expansions of the cities.

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Region wise, North America dominated the Hard Seltzer market in 2019, and is projected to sustain its dominance during the forecast period. North America hard seltzer market is driven by increase in young‐adult demographic and rise in consumer demand for premium/super premium alcoholic beverages. Furthermore, the leading alcoholic beverage manufacturers are investing in the product market and coming up with hard seltzer under their well-known alcohol brand, which is likely to get major popularity in short period of time, which in turn, boost the demand for hard seltzer during the forecast period.

The players operating in the product market have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Truly, White claw, Barefoot Cellars, Future Proof Brands LLC, Bon & Viv, Ficks & Co, Nude, Kona Brewing Co., Lift Bridge Brewing Co., and Bud Light Seltzer.  

COVID-19 scenario:

Majority of the producers have suspended their product launches and assembling activities in developing countries from regions such as Asia-Pacific and LAMEA. Even after six months of the pandemic, many countries are practicing complete lockdown to curb the spread of coronavirus, which has created a challenge for hard seltzer manufacturers to expand their businesses in untapped regions.

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Automotive Balance Shaft Market Application (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles)Forecast, 2021–2030

The global automotive balance shaft market was valued $10,489.0 million in 2020 and is projected to reach $16,691.3 million in 2030, registering a CAGR of 4.9%.    

Balance shaft is a weighted shaft utilized for offsetting the vibrations in vehicle engine. A balance shaft system comprises two shafts having equal eccentric weights and revolves in opposite directions with twice the engine speed. The centrifugal forces generated by shafts cancel out the vertical second-order forces generated by engine. Balance shafts are commonly used in inline 4-cylinder engines.

Increase in demand for inline 4-cylinder engines, surge in adoption of fuel efficient vehicles with low carbon emission, and rise in need for vehicle engines with reduced noise, vibration, and  harshness drive the growth of the market. However, surge in adoption of electric vehicles and rise in sale of luxury vehicles & sports utility vehicles with high-performance engines are expected to hinder the market growth. Furthermore, increase in demand for passenger vehicles from emerging nations and technological advancements are expected to offer growth opportunities during the forecast period.

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Major Market Players:

  • American Axle & Manufacturing, Inc.
  • Engine Power Components, Inc.
  • Hirschvogel Group
  • Linamar Corporation
  • MAT Foundry Group Ltd.
  • Musashi Seimitsu Industry Co., Ltd.
  • Ningbo Jingda Hardware Manufacture Co., Ltd.
  • Otics Corporation
  • Sansera Engineering Limited
  • TFO Corporation

The automotive balance shaft market is segmented on the basis of engine type, manufacturing process, application, sales channel, and region. Depending on engine type, the market is classified into inline 3-cylinder engine, inline 4-cylinder engine, inline 5-cylinder engine, and V6 engine. By manufacturing process, it is fragmented into forging and casting. According to application, it is fragmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. The sales channel segment has been divided into original equipment manufacturer and aftermarket. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Inline 4-cylinder engines are becoming a common engine configuration in automobiles. Enhanced fuel economy and affordability increases the demand for inline-4 cylinder engines.  However, inline 4-cylinder engines have second-order vibration that cannot be eliminated due to asymmetrical movement of connecting rods throughout crankshaft rotation. Balance shafts are generally utilized in inline 4-cyline engines to reduce these vibrations. Henceforth, increase in demand for inline 4-cylinder engines is expected to increase the demand for balance shafts, which, in turn, drives the growth of the market during the forecast period.

COVID-19 Impact Analysis 

  • The COVID-19 crisis has created uncertainty in the market, massive slowing of supply chain, decline in business confidence, and increase in panic among the customer segments. Governments of different regions have announced total lockdown and temporarily shut down of industries, thereby adversely affecting the overall production and sales. 
  • The COVID‐19 pandemic affected sales of new vehicles, especially in 2020. It resulted in supply chain disruptions causing delay in manufacturing of vehicles. Several automobile manufacturers faced shortage of components and materials leading to delay in production of vehicles. However, with the uplifting of lockdown restrictions, increase in demand for vehicles is expected to be observed, boosting the growth of the automotive balance shaft market.
  • Different countries took initiatives to revive the automobile industry in their region during the COVID-19 pandemic. For instance, in April 2020, the Chinese Government issued a circular on measures to stabilize and expand automobile consumption, which, in turn, extended subsidies to automobile manufacturers until 2022. 

To address increasing climate concerns, several countries across the globe are taking initiatives to promote adoption of fuel-efficient vehicles. For instance, in 2021, in India, the government issued advisory for automobile manufacturers to produce flex fuel engine-based vehicles. Several regulations have been introduced by the government to reduce fuel consumption & emission associated with vehicles. Concerns over the impact of emissions from light-duty vehicles on the environment have increased the adoption of balance shafts. Stringent global emission standards and enhanced environmental awareness encourage original equipment manufacturers (OEMs) and suppliers to offer enhanced products to address growing concerns.

Key Market Segments

  • By Engine Type
    • Inline 3-cylinder Engine
    • Inline 4-cylinder Engine
    • Inline 5-cylinder Engine
    • V6 Engine
  • By Manufacturing Process
    • Forging
    • Casting
  • By Application
    • Passenger Cars
    • Light Commercial Vehicles
    • Heavy Commercial Vehicles
  • By Sales Channel
    • Original Equipment Manufacturer
    • Aftermarket 

Vehicle noise, vibration, and harshness significantly affect vehicle performance and driving experience. Automobile manufacturers are consistently looking for methods to reduce the noise, vibration, and harshness in engines. Balance shafts aid in reduction of noise ,vibration, and harshness  in vehicle engine as it cancels out the vertical second-order forces generated by engine, while improving comfort and performance of automobiles. Various automotive balance shaft manufacturers provide innovative solutions to extend the features of the balancer shaft to offer enhanced fuel economy, lower emissions, and minimized vibrations & noise. 

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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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Mushroom Market to Exhibit Striking 9.3% CAGR till 2027

Mushroom Market by Type (Button, Shiitake, Oyster, and Others), Form (Fresh and Processed), End Use (Residential, Commercial, and Industrial), and Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, and Online Sales Channel): Global Opportunity Analysis and Industry Forecast 2021–2027”. As per the report, the global mushroom industry was pegged at $33.55 billion in 2019, and is projected to reach $53.34 billion in 2027, registering a CAGR of 9.3% from 2021 to 2027.

Mushrooms are considered to be good for health as they contain negligible sodium and gluten content. Low fat and cholesterol content is expected to result in increased consumer acceptance of mushrooms. They are grouped under vegetables and contain various nutrients such as potassium, vitamins, and selenium. The most popular of mushroom is Agaricusbisporus, which is considered safe for most people to eat as they are grown in a controlled and sterilized environment.

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Covid-19 scenario:

The Covid-19 outbreak and followed pandemic severely affected the the mushroom industry due to travel restrictions and disruption in the supply chain. Moreover, several manufacturing plants stopped production due to low market demand. Due to strict safety and precaution measurements imposed by several governments, laborers chose to go back to their homes, leaving the work on the farm. The loss of workforce significantly affected the production of mushrooms.

By type, the shiitake segment held the largest share in 2019, accounting for more than two-fifths of the global mushroom market, as it helps in reducing the risk of heart disease, autoimmune disorders, diabetes, and certain types of cancers. However, the button segment is projected to register the highest CAGR of 11.4% during the forecast period, as they are very high in minerals and vitamins.

By distribution channel, the specialty stores segment held the largest share in 2019, contributing to more than one-third of the global mushroom market, as they offer discounts and benefits of immediate gratification. However, the online sales channel segment is projected to manifest the highest CAGR of 12.2% during the forecast period, owing to rigorous online marketing, availability of detailed information, and the option of free home delivery.

By region, the market across North America held the largest share in 2019, accounting for more than one-third of the market, as the North American industry focuses on creative and advanced technologies to boost the production of mushrooms. However, the global mushroom market across Asia-Pacific is anticipated to register the highest CAGR of 11.8% from 2021 to 2027. This is owing to advancements in technology, increase R&D investments, and rise in demand for mushrooms because of their high nutritional properties.

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the mushroom market. Key players in the global mushroom market include Mush-boom Costa Pty Ltd., The Mushroom Company, Monaghan Mushrooms Ireland, S.A. Mushrooms, Basciani Foods Inc., To-Jo Mushrooms, Ann Miller’s Specialty Mushrooms, Valley Mushrooms, White Prince Mushrooms, and NABIA.

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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. 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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Smart Weapons Market Technology (Laser, Infrared, Radar, GPS)2030

The global smart weapons market was valued at $14.90 billion in 2020, and is projected to reach $23.96 billion in 2030, registering a CAGR of 5%.

Smart weapons are computer-guided munitions equipped with the radio, infrared, laser, global positioning system and satellite guidance system, which give extraordinary accuracy and precision. Smart weapons are also termed as precision-guided weapons that are intended to hit the target precisely and reduce collateral damage and lethality. Smart weapons are operated and assisted by the use of external operating systems, located far away in the geographical area. Smart weapons system has changed the course of war engagement and its strategies. Cruise missiles use the information from the navigation satellite to maintain a proper course and direction during a flight. Smart guns have safeguards that allow them to operate only when activated by an authorized person, thus reducing misuse, gun theft, and self-harm scenarios. The safeguard features in smart weapons include RFID (Radiofrequency Identification Device) chips, fingerprint recognition, biometric sensors, mechanical locks, and magnetic kit.

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Major Market Players:

  • BAE Systems Plc.
  • General Dynamics Corporation
  • L3Harris Technologies Inc.
  • Leonardo S.p.A.
  • Lockheed Martin Corporation
  • MBDA
  • Northrop Grumman Corporation
  • Raytheon Technologies Corporation
  • Thales Group
  • The Boeing Company

The global smart weapons market is driven by the growth in demand for precision strike weapons and unstable securities of countries. However, arms transfer regulations imposed on import and export of smart weapons pose a major restraint for the smart weapons market. On the contrary, a surge in the defense budget and increase in spending on up-gradation of weapons technology are factors that create new growth opportunities for prominent players. For instance, in September 2021, the U.S. Navy signed a contract with Northrop Grumman Corporation to proceed with low-rate initial production (LRIP) for the AGM-88G Advanced Anti-Radiation Guided Missile Extended Range (AARGM-ER).

The smart weapons market is segmented on the basis of product, technology, platform, and region. On the basis of product, the global smart weapons market is categorized into missiles, munitions, guided projectiles, guided rockets, guided firearms, and directed energy weapons. On the basis of technology, the market is classified into laser, infrared, radar, GPS, and others. On the basis of platform, the market is divided into air, land, and naval. On the basis of region, the market is analyzed across four regions, namely North America, Europe, Asia-Pacific, and LAMEA.

COVID-19 Impact Analysis

  • The COVID-19 impact on the smart weapons market is unpredictable, and is expected to remain in force for a few years.
  • The COVID-19 outbreak forced governments across the globe to implement stringent lockdown and ban import–export of raw materials items for most of 2020 and few months in 2021. This led to sudden fall in the availability of important raw materials for manufacturing smart weapons.
  • Moreover, nationwide lockdown forced smart weapons 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 advanced smart weapons globally.

Modern warfare techniques changed quickly over the past 10 years. Developed and developing countries focus on developing advanced missile systems with long-range and high impact. For instance, in December 2021, Defence Research and Development Organisation (DRDO) successfully test-fired the new generation nuclear-capable ballistic missile ‘Agni Prime’ from APJ Abdul Kalam Island, off the coast of Odisha in Balasore. Alsi, in October 2021, the U.S. successfully tested hypersonic missile technology, a new weapons system, which is already being deployed by China and Russia. Such developments in missiles fuel the demand for precision strike weapons.

Key Market Segments

  • By Product
    • Missiles
    • Munitions
    • Guided Projectiles
    • Guided Rockets
    • Guided Firearms
    • Directed Energy Weapons
  • By Technology
    • Laser
    • Infrared
    • Radar
    • GPS
    • Others
  • By Platform
    • Air
    • Land
    • Naval

Moreover, current conflicts globally have spotlighted the critical need for precision attacks and operational strikes. There is a crucial need to avoid any collateral damage with security and contribute to the efficient attack power potential that provides an immediate favorable effect on the warzone. These needs are met by smart weapons, which are quickly being taken into the defense forces inventories. Given the need for such weapons, the demand is expected to increase during and after the forecast period.

With the existing regulations, the arms regulations imposed on import and export trade are not regulated effectively, as illegal arms accumulation still remains an issue. Arms control treaties, problems associated with regulating arms trade, stressing the complexity of the interests involved in the emergence of small arms as most promising weapons, and black and grey markets in terms of inefficient trade regulations are the main restraints that are expected to hamper the smart weapons market growth.

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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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Airport Stand Equipment Market Opportunity Analysis and Industry Forecast, 2021–2030

The global airport stands equipment market was valued at $3.97 billion in 2020, and is projected to reach $7.22 billion in 2030, registering a CAGR of 6.4%.    

Airport stand equipment are the maintenance or predetermined stands used at airports during maintenance of aircraft or arrival & departure of flights. Engineers and other maintenance professionals can use these platforms or stands to safely access the aircraft and perform routine maintenance and inspections. In addition, these equipment are used to ensure efficient operation of flights, provide adequate safety & comfort to passengers and airport staff, and ensure smooth functioning of all aircraft-related operations on the ramp. This equipment plays a key role in aircraft mobility, ground power operations, and cargo or passenger loading operations.

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Major Market Players:

  • Aero Specialities
  • Dedienne Aerospace
  • Fabrication Authorities International, Inc. (FAI)
  • HHI Corporation
  • Hydro System KG
  • JETechnologies Solutions Inc. (JSI)
  • OEM Group Pty Ltd.
  • Semmco Ltd.
  • Waag Aircraft
  • Wildeck, Inc.

Factors such as increase in global freight & passenger traffic, upgrades at airports, and technological advancements in airport stands equipment drive the growth of the market. However, increase in expenses of low-cost operators and long service life of airport stand equipment are expected to hamper the market growth. On the contrary, countries with a high population base such as China, India, Russia, and Brazil have witnessed significant growth in working & middle-class population, which positively impact the income level and living standard of economic class. This is projected to fuel the occupancy of airlines in the near future. Proactive government support for infrastructural spending at airports and an increase in focus on non-aviation-related revenue are expected to create major opportunities for market expansion during the forecast period.

The airport stands equipment market is segmented into stand and application. By stand, the market is classified into engine access, landing gear access, wheel, aircraft entry, cabin interior, and others. On the basis of application, the market is categorized into aircraft operations and maintenance, repair, and overhaul (MRO). Region wise, the market is studied across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). 

Moreover, surge in international tourism has led to the construction of new airports and expansion of existing ones. Furthermore, according to the International Civil Aviation Organization (ICAO), by 2035, passenger traffic and freight volume will double. Factors such as rise in disposal income of the middle-class population and the emergence of low-cost airlines have led to increase in number of airline passengers. With surge in number of airline passengers, the demand for new aircraft and number of flights have increased at a significant rate. Such increase in demand for aircraft & flights propels the growth of the airport stands equipment market.

Key Benefits For Stakeholders

  • This study presents analytical depiction of the global airport stand equipment market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall airport stand equipment market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the global airport stand equipment market with a detailed impact analysis.
  • The current airport stand equipment market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • The Porter’s five forces analysis illustrates the potency of the 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.

Automotive Catalyst Market is Projected to Reach $31,815.7 Million by 2025

According to a recent report published by Allied Market Research, titled, Global Automotive Catalyst Market by Metal Type, Engine Type and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018 – 2025, the global automotive catalyst market was valued at $22,601.5 million in 2017 and is projected to reach $31,815.7 million by 2025, registering a CAGR of 4.2% from 2018 to 2025.

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At present, Asia-Pacific dominates the market, followed by Europe, LAMEA, and North America. China dominated the global automotive catalyst market in 2017, while UK is expected to grow at a significant growth rate in Europe during the forecast period (2018 – 2025).

Factors such as emission control regulations by government and increase in the production of automobiles fuel the growth of the automotive market. Automobile manufacturers are producing vehicles with emission control technologies to meet the stringent regulations set to control pollution. However, rise in penetration and production of electric vehicles hinders the growth of the automotive catalyst market. In addition, high cost of platinum, palladium, rhodium, and other metals used as automotive catalysts restricts the growth of the market. Furthermore, government initiatives regarding emission control in the developing nations and innovation in emission technologies for fuel efficiency are anticipated to provide growth opportunities in the automotive catalyst market.

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Key Findings of the Automotive Catalyst Market :

The others segment in metal type generated the highest revenue in terms of revenue for the global automotive catalyst market in 2017.
In 2017, gasoline segment was the highest revenue contributor in the engine category.
The LAMEA region is anticipated to exhibit the highest CAGR during the forecast period.
In 2017, the Asia-Pacific contributed the highest market revenue, followed by Europe, LAMEA, and North America.

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The key players analyzed in this report are BASF SE, Johnson Matthey, Umicore, Tenneco Inc., CDTi Advanced Materials, Inc., Cummins Inc., Eberspcher, Ecocat India Pvt. Ltd., Klarius Products Ltd., Clariant, and others.

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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. 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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Thailand and Philippines Tolling & City Congestion Market Future Scope Demands and Projected Industry Growths By 2025

According to a recent report published by Allied Market Research, titled,the Thailand and Philippines tolling & city congestion market was valued at $381.1 million in 2017, and is projected to reach $1,474.7 million by 2025, registering a CAGR of 18.6% from 2018 to 2025.

Factors such as rise in demand for efficient traffic management solutions, increase in the number of vehicles, and reduction in environmental pollution are the major factors driving the adoption of tolling & city congestion systems.

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However, high capital investment for transportation & tolling system, large database requirement for road & tolling network, and low acceptance ratio are the major restraining factors for this market. Furthermore, investments in the idea of smart cities and innovation of smart signal have created lucrative opportunities for Thailand and Philippines tolling & city congestion market.

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According to Pranav Padalkar & Akshay Jadhav, Lead Analysts, Automotive and Transportation, at Allied Market Research, In 2017, based on product type, the UTM segment dominated the Thailand and Philippines tolling & city congestion market in terms of revenue. However, the ATMS segment is expected to grow at the highest CAGR during the forecast period (20182025). The Thailand and Philippines tolling & city congestion market portrays a promising future for the technological industry. The current business scenario witnessed an increase in adoption of this technology, particularly in the developing regions. Therefore, key players have been adopting new techniques to provide advanced and innovative product offerings to their customers.

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KEY FINDINGS OF THE STUDY

Based on product type, the UTM segment dominated the Thailand and Philippines tolling & city congestion market in 2017.
Philippines is anticipated to exhibit the highest CAGR during the forecast period.

The key players operating in the Thailand and Philippines tolling & city congestion market are Efkon GmbH, Toshiba Corporation, Raytheon, Thales Group, Siemens AG, Kapsch, Conduent (Xerox Corporation), Cubic Transportation, Alstom, GE transportation.

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
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Automotive Sunroof Market Product Development Strategies by Prominent Players – Inteva Products, Johnan America, Yachiyo Industry

According to a recent report published by Allied Market Research, titled, Automotive Sunroof Market by Material Type, Vehicle Type, and Region: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global automotive sunroof market was valued at $6,384.4 million in 2017, and is projected to reach $13,553.9 million by 2025, registering a CAGR of 9.7% from 2018 to 2025.

At present, Europe dominates the market, followed by Asia-Pacific. In 2017, Germany dominated the Europe market, while in the Asia-Pacific, China currently dominates the market.

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The global automotive sunroof market is driven by innovation in glass technology and rise in demand for safety, comfort, & convenience features. Furthermore, rise in demand for premium cars and improvement in aesthetic value of glass surface area in automobiles including larger sunroofs propel the growth for the automotive sunroof market. In addition, increasing consumer preference toward automotive sunroof vehicles in developing nations further boosts the demand for automotive sunroofs in the global market.

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High integration & maintenance cost, low penetration of sunroof in low segment vehicles, and incidents of shattering & crushing of sunroofs are some of the major restraining factors of this market. Moreover, increasing penetration of solar sunroofs in electric vehicles across the globe and surging sales of automotive vehicles ensure emerging growth opportunities for this market worldwide. These features offer lucrative opportunities for the automotive sunroof market.

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Key Findings of the Automotive Sunroof Market:

Based on material type, the glass segment dominated the global automotive sunroof market in 2017.
As per vehicle type, the gasoline powered vehicle segment dominated the global automotive sunroof market in 2017. However, the electric powered vehicle segment is expected to grow at the highest CAGR during the forecast period (20182025).
Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.

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
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Hydrogen Fuel Cell Vehicle Market Analyzed By Business Growth, Development Factors, Applications and Future Prospects 2026

Allied Market Research published a report, titled, “Hydrogen Fuel Cell Vehicle Market by Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Technology (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026.” According to the report, the global hydrogen fuel cell vehicle market garnered $651.9 million in 2018, and is estimated to reach at $42.03 billion by 2026, registering a CAGR of 66.9% from 2019 to 2026.

Drivers, restraints, and opportunities
Surge in environmental concerns and government initiatives for developing hydrogen fuel cell infrastructure drive the growth of the global hydrogen fuel cell vehicle market. However, high initial investments in infrastructure hinder the market growth. On the other hand, technological advancements and unlocked potential of hydrogen fuel cells create lucrative opportunities in the market.

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The passenger vehicle segment to maintain its lead position during the forecast period
Based on vehicle type, the passenger vehicle segment contributed to more than three-fourths of the total share of the global hydrogen fuel cell vehicle market in 2018, and is expected to maintain its lead position during the forecast period. This is attributed to its features such as easy to park, better gas mileage, and lesser costs as compared to larger vehicles. Moreover, the commercial vehicle segment is expected to grow at the largest CAGR of 72.6% from 2019 to 2026. This is due to rise in ecological concerns and rise in government support for development.

The proton exchange membrane fuel cell segment to maintain its dominance by 2026
Based on fuel cell technology, the proton exchange membrane fuel cell segment held the highest market share of the global hydrogen fuel cell vehicle market, contributing for more than two-fifths of the total share in 2018, and is estimated to maintain its dominance in terms of revenue during the forecast period. Moreover, this segment is estimated to register the highest growth rate with a CAGR of 69.2% from 2019 to 2026. This is due to its better durability, operation at lower temperature, and increase in adoption as compared to other technologies. The research also analyzes segments including phosphoric acid fuel cells and others.

North America to maintain its leadership status during the forecast period
Based on region, North America contributed to the highest market share in terms of revenue, contributing to nearly two-fifths of the global hydrogen fuel cell vehicle market in 2018, and is expected to maintain its leadership status during the forecast period. This is due to presence of major market players and surge in development activities of hydrogen refueling stations (HRS). On the other hand, LAMEA is expected to maintain the largest CAGR of 71.0% from 2019 to 2026, owing to untapped potential in the region for industrial and commercial use of hydrogen fuel cell vehicles.

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Leading market players

  • Honda
  • Toyota
  • Hyundai
  • Daimler
  • Audi
  • BMW
  • Volvo
  • Ballard Power Systems
  • General Motors
  • MAN

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.