Boat Rental Market - Region Wise Market Share and Revenue 2020 – 2030

Boat Rental Market: Introduction

According to the report, the global boat rental market is projected to surpass valuation of US$ 19.7 Bn by 2030, expanding at a CAGR of ~5% during the forecast period. The growing trend of recreational boating across the globe is likely to boost the global boat rental market. Automatic positioning systems play the role of a virtual anchor in a boat, while thermal imaging cameras offer night vision to avoid potential obstacles in the water, thereby boosting the demand and adoption of advanced boats. High taxation rates on boat rental services across various regions is an important factor hampering the boat rental market. For instance, VAT laws in the European Union (EU) are not uniform and hence, each country has its own taxation law and regulations. This hamper the boat rental market considerably. Moreover, the boat rental market in high taxable regions witnesses sluggish expansion. This is anticipated to affect the global boat rental market during the forecast period.

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Expansion of Boat Rental Market

Surge in trade volume, owing to rising bilateral trade among countries is projected to boost the boat rental market during the forecast period. China witnessed a rise in both general trade volume and proportion, escalating to 15.66 trillion Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN. Based on business model, the global boat rental market has been segmented into charter, day cruise, lux charter, lux day cruise, tour, event/B2B, peer to peer (P2P), and business to consumer (B2C). The business to consumer (B2C) segment dominates the boat rental market across the globe due to the expansion of boat rental service platforms that offer easy lease of a privately-owned boat.

Based on propulsion, the fuel powered segment accounted for a significant share of the global boat rental market. Rise in popularity of fuel-powered boats across the globe is likely to boost the demand for boat rental services across the globe. The high cost of electric powered boats is likely to hamper the demand for electric boat rental services across the globe.

Regional Analysis of Boat Rental Market

In terms of region, the global boat rental market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America dominated the global boat rental market in 2019. It is anticipated to hold a leading share during the forecast period, due to major presence of boat rental service providers across the region. Followed by North America, Europe also held a significant share of the global boat rental market. Greece, Croatia, and France are major tourist destinations, and they contributed to the prominent share of the region in the global boat rental market. Government and regional authorities across Europe are focusing on the expansion of marinas, and development and modernization of berths to boost nautical tourism, which, in turn, is propelling the boat rental market in Europe.

Boat Rental Market Players

Prominent players operating in the global boat rental market include GETMYBOAT Inc., Brunswick Group, BRP, Beneteau Group, Blue Bay Marine, Blue Boat Yacht Entertainment Company, Boatjump, S.L., Boatsetter, Click&Boat, GLOBE SAILOR, Incrediblue, Le Boat, Nautal, Navigare Yachting, Odyssey Boats, Sailo Inc., THE MOORINGS, West Coast Marine, Yachtico Inc., and Zizooboats GmbH.

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Global Boat Rental Market: Segmentation

• Boat Rental Market, by Business Model
• Charter
• Day Cruise
• Lux Charter
• Lux Day Cruise
• Tour
• Event/B2B
• Peer to Peer (P2P)
• Business to Consumer (B2C)
• Boat Rental Market, by Boat Size
• Up to 20 Feet
• 21 Feet – 35 Feet
• 36 Feet – 50 Feet
• Boat Rental Market, by Technology
• Service & Maintenance
• Connected Systems
• Assistance Systems
• Monitoring Systems
• Others
• Boat Rental Market, by Boat Class
• Luxury
• Sports
• Entry
• Others
• Boat Rental Market, by Propulsion
• Fuel Powered
• Outboard Engine
• Inboard Engine
• Electric Boats
• Sailed
• Others

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• Boat Rental Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Ship Repair and Maintenance Services Market Driving Factors, 2021 Market Analysis, Investment Feasibility and Trends

According to the report, the global ship repair and maintenance services market is projected to surpass US$ 14.1 Bn by 2031, expanding at a CAGR of ~2% during the forecast period. The market for ship repair and maintenance services is expanding due to rise in the fleet of shipping vessels globally. The global marine fleet size reached 2.06 million units in 2020, from 1.27 million units in 2010. Therefore, year-on-year rise in the number of vessels is expanding the ship repair and maintenance services market.

Key players operating in the global ship repair and maintenance services market include:
Cosco Shipyard Group Co.,Ltd, Damen Shipyards Group, Hyundai Mipo Dockyard, and Cochin Shipyard Limited.

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Expansion of Ship Repair and Maintenance Services Market

The global ship repair and maintenance services market is expanding due to increased use of ships for various purposes. Moreover, government bodies of numerous countries are taking initiatives to support the shipping industry. For instance, shipyards are provided with various tax benefits for regular ship repair and maintenance services activities. This is one of the key factors driving the global ship repair and maintenance services market. The increase in average vessel age is also expected to propel the global ship repair and maintenance services market. For instance, in 2019, 41.91% of the global vessel fleet was permitted to use beyond 20 years, and the average age of the fleet was 20.98 as compared to 20.48 in 2018. Therefore, an increase in the average age of vessels is offering significant opportunity for the global ship repair and maintenance market.

Regional Analysis of Ship Repair and Maintenance Services Market

In terms of region, the global ship repair and maintenance services market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is projected to be highly lucrative region for global ship repair and maintenance services market during the forecast period. This is primarily due to the fact that half of the world fleet is owned by Asia-based companies, and among which 93% of shipbuilding occurred in China, Republic of Korea, and Japan in 2019. Mostly, the repair activities was carried out by shipbuilding companies. Therefore, rise in shipbuilding is estimated to boost the ship repair and maintenance services market in the region.

Global Ship Repair and Maintenance Services Market: Segmnentation

• Ship Repair and Maintenance Services Market, by Vessel Type
• Cargo
• Offshore
• Naval
• Tankers
• Workboats
• Others
• Ship Repair and Maintenance Services Market, by Repair Type
• Emergency Repairs
• Underwater Cleaning and Repairs
• Main Engine Maintenance and Repairs
• Mechanical Repairs
• Electrical and Instrumentation Repairs
• Motor Rewind Repairs
• Others
• Ship Repair and Maintenance Services Market, by Maintenance Type
• Preventive or Scheduled Maintenance
• Corrective or Breakdown Maintenance
• Condition Maintenance
• Ship Repair and Maintenance Services Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

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In the end, Ship Repair and Maintenance Services industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

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Increasing Technological Advancement to Outsourcing Automotive Manufacturing Market Analysis And Forecast 2024

Global Outsourcing Automotive Manufacturing Market: Overview

The organizations and institutions indulged in the manufacturing of automotive and high-tech automotive have been active consumers for a very long time of outsourcing services. Logistics outsourcing and contract manufacturing are common among high-tech manufacturing firms. They were the torch bearers in the field of outsourcing automotive manufacturing and using India and China based resources for the development of application and engineering services in outsourced and captive scenarios. These type of industries are further moving aggressively towards back-office information technology outsourcing and business process outsourcing. This very perspective is expected to highlight trends in BPO and ITO, asses the gains that consumers seek and the level to which they have been achieved, and also review the feedbacks from the past outsourcing experiences and implement them in the future outsourcing projects.

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This industry study is an evaluation of the growth prospects and historical tract of the global outsourcing automotive manufacturing market. It deals with the assessment of the facets that are projected to sway the development of the market both negatively and positively. Further, the key trends have also been specified in the publication. The research study also presents a wide outlook on the seller landscape of the market with reference to Porter’s five forces analysis. The research report deals with the R&D activities, mergers, acquisitions, and particulars on certifications and collaborations. The report reviews the approaches related to shares, publicity, and product range of the key accomplices in the global outsourcing automotive manufacturing market.

Global Outsourcing Automotive Manufacturing Market: Positive Trends and Hindrances

In line with the popular and growing trend of outsourcing, the automotive manufacturing industry is also implementing it to keep pace with the global trend. Outsourcing is being witnessed as a lucrative opportunity with globalization gaining traction. The development in back-office BPO in these industries, chiefly automotive, is a result of the strong competitive burdens the western-based firms are facing owing to incessant globalization of the market. Extreme product innovation and operational competences are possible prerequisites for western companies to remain competitive in the industry against their lower-cost rivals emerging in the market. The emphasis on effectiveness and efficiency is likely to move back to back-end operations that have been mostly shielded from these type of pressures in the last few years.

The primary factors that are likely to push the global outsourcing automotive manufacturing market towards the competitive edge are abundance of labors and resources and their low cost, opening in the developing markets, and variation in the exchange rates. Nevertheless, there are some dynamics that may act as a bottleneck in the growth of the market such as strict import and export regulations, and strict government policies.

Global Outsourcing Automotive Manufacturing Market: Regional Insight

In the global outsourcing automotive manufacturing market, China and India are regarded as regions with huge growth potentials for the market. This can be attributed to the growing infrastructure of the countries and the availability of trained and educated workforce. Several automotive manufacturing companies have set up production plants in China and India to cut down cost and also stay competitive in the market.

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Global Outsourcing Automotive Manufacturing Market: Companies Mentioned in the Report

The leading players in the global outsourcing automotive manufacturing market are Denso Corporation AGC Flat Glass, Michelin Group, Autoliv Inc., Delphi Automotive LLP, BorgWarner Turbo Systems GmbH, Johnson Controls, Inc., Faurecia, Lear Corporation, Rane Group, Amtek Group, Shriram Pistons, BorgWarner Inc., KIRCHHOFF Automotive GmbH, Benteler International AG, Continental AG, Honeywell Turbo Technologies, Cummins Inc., Magna International Inc., and Robert Bosch GmbH, Bharat Forge Limited.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

• Customer Experience Maps
• Insights and Tools based on data-driven research
• Actionable Results to meet all the business priorities
• Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

• North America
• Asia Pacific
• Europe
• Latin America
• The Middle East and Africa

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The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Automotive Central Vehicle Computer Market 2021 Share, Segmentation, Trend, and Forecast To 2031

Automotive Central Vehicle Computer: Introduction

• Central vehicle computer is a system that provides a solution for vehicle applications including driving performance monitoring as well as driving ability of driver. The system supports a wide range of peripherals and connections and can be adapted to all kind of vehicle management systems such as with GPS, fleet monitoring, and vehicle repairing systems.
• The central vehicle computer is a like scalable kit that contains electronic systems, including hardware and software, along with all requirements and conditions. It is ultimately a software and system architecture in which all central computers, sensors, and control units are connected to each other for the entire vehicle. The benefits of such a modular design is that it provides flexibility to automaker when developing vehicle computers for different vehicle models.

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Key Drivers of Global Automotive Central Vehicle Computer Market:

• Production of premium vehicles and the demand for them is increasing at a significant pace in various countries across North America, Asia Pacific, including India and China. This, in turn, is boosting the demand for automotive central vehicle computers.
• In case of premium vehicles, additional functions are provided by adding extra software modules or special chips to the printed circuit boards. Therefore, consumers look forward to choosing such a type of vehicles, which is likely to propel the automotive central vehicle computer market across the globe.
• Demand for central vehicle computer system is considerably high due to rising focus on advanced vehicle management systems in upcoming vehicles. OEMs are planning to add more features such as GPS and fleet monitoring in their forthcoming vehicles. Furthermore, the central vehicle computer system improves driving, by making it safe and more comfortable to the driver. These factors fuel the automotive central vehicle computer market.
• Regulatory bodies around the globe are mandating several norms and regulations on vehicle and component manufacturers, especially for premium vehicles, to enhance the safety of vehicles and driver. Several key players in the industry are focusing more on the development of advanced safety systems for vehicles in order to comply with the norms enacted by these organizing bodies. Furthermore, major players are investing more to develop the automotive central vehicle computer market.

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Key Players Operating in Automotive Central Vehicle Computer Market:

The global automotive central vehicle computer market is consolidated with the presence of top manufacturers across the globe. A few of the key players operating in the global automotive central vehicle computer market are:

• Robert Bosch GmbH
• Continental AG
• Denso Corporation
• Valeo SA
• Sintrones
• Siemens
• Borgwarner Inc.
• Honeywell International Inc.
• Johnson Controls
• Rockwell Automation, Inc.
• Eaton

Global Automotive Central Vehicle Computer Market: Research Scope

Global Automotive Central Vehicle Computer Market, by Vehicle Type

• Passenger Vehicle
• Hatchback
• Sedan
• Utility Vehicles
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Global Automotive Central Vehicle Computer Market, by Sales Channel

• OEMs
• Aftermarket

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

• Customer Experience Maps
• Insights and Tools based on data-driven research
• Actionable Results to meet all the business priorities
• Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

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The following regional segments are covered comprehensively:

• North America
• Asia Pacific
• Europe
• Latin America
• The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Adaptive Wheel Market 2021 Share, Trend, Segmentation and Forecast To 2031

Adaptive Wheel for Wheelchairs: Introduction

The wheelchair is one of the most commonly used assistive device to promote mobility and enhance the quality of life for people who have difficulties in walking. The innovation relates to a removable adaptive wheel, which is intended to expand the scope of the otherwise very limited wheelchair. This is formed by a unit of a front wheel, frame segments, and at least one wheelchair-mounted receiving element so that when attaching the front wheel, the wheelchair front castor is lifted off the ground and a wheelchair tricycle is formed.

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Key Drivers of Global Adaptive Wheel Market:

• Easy availability of commodity materials coupled with the resistance to corrosion is likely to provide significant opportunity for the adoption of adaptive wheels for wheelchair. This is likely to drive the adaptive wheel market across the globe.
• Stringent regulatory policies to promote efficient manufacturing of wheelchairs part have increased the demand for lightweight wheels over conventional wheels. Adaptive wheels are a highly popular choice over conventional wheels in wheelchairs and other assisted devices. Additionally, lightweight, better heat conductivity, and anti-corrosive properties further boost the adaptive wheel market across the globe.
• Rise in demand for adaptive wheels for wheelchairs in developed countries, coupled with increase in capital investment and research & development spending by key OEMs, particularly on wheelchairs boosts the market of adaptive wheel across the globe
• Manufacturers of adaptive wheels are focused on upgrading their product portfolio by introducing new products to consolidate their position in the industry across the globe. Thus, most key players in developed countries are investing in the development of adaptive wheels. This, in turn, is also likely to propel the adaptive wheel market across the globe.

Global Adaptive Wheel Market to Offer Significant Opportunities:

• Customized color, size, powder-coating, textures, engraving, and use of rhinestones are some of the trending opportunities for adaptive wheel manufacturers. Presently, customers are preferring to customize the wheels of their vehicle owing to increasing purchasing power. Most companies are also collaborating with leading tire manufacturers to test and perfect future wheel and rim design for next-generation wheel chairs. This are a few factors that offer lucrative opportunities for the adaptive wheel market across the globe.
• Advanced materials for manufacturing of adaptive wheels and new type of compositions in wheels are being extensively utilized in developed countries. This also offers opportunities for the adaptive wheel market across the globe.

Key Players Operating in Global Market:

The global adaptive wheel market is consulted with top manufacturers across the globe. A few key players operating in the global adaptive wheel market are:

• Ocelco Inc., LLC
• SoftWheel LTD.
• CEW
• Invacare Corporation.
• Permobil AB.
• Pride Mobility Products Corp.
• GF HEALTH PRODUCTS, INC.
• Hoveround Corporation
• LEVO AG.

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Global Adaptive Wheel Market: Research Scope

Global Adaptive Wheel Market, by Material

• Steel
• Alloy
• Others

Global Adaptive Wheel Market, by Location

• Front Wheel
• Rear Wheel

Global Adaptive Wheel Market, by Application

• Wheelchairs
• Bicycle
• Others

Global Adaptive Wheel Market, by Sales Channel

• OEM
• Aftermarket

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

• Customer Experience Maps
• Insights and Tools based on data-driven research
• Actionable Results to meet all the business priorities
• Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

• North America
• Asia Pacific
• Europe
• Latin America
• The Middle East and Africa

Buy this Report at:  https://www.transparencymarketresearch.com/checkout.php?rep_id=82030&ltype=S

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Contact:

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
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Industrial Wireless Sensor Networks Market Forecast to 2026: How It Is Going To Impact on Industry to Grow In Near Future

The industrial wireless sensor networks market is projected to witness strong growth during 2018-2026 with a robust CAGR of 12.3%. The market is poised for growth as application like automation, monitoring, and control continues to drive demand from agriculture, manufacturing, construction, among others. The rising demand for environmental monitoring, commercialization of agriculture, and rise of essential protocols like location-based service is expected to drive growth.

Moreover, supporting infrastructure ike low cost Bluetooth technology, growing precision in location based service with devices like beacon and radio collars, and mobile assets are expected aid growth in the near future.

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Application Specific and Easy-to-Use Control Remain Major Advantages for End-Use Industries

The global industrial wireless sensor market is expected to witness a surge of demand from various industries including IT, oil and gas, healthcare, automotive, and others. The easy-to-use nature and application specific nature of the technology remains important for a wide variety of industries. Wireless sensors remain important for the burgeoning IT industry as various new technologies like IoT, Artificial Intelligence, and Virtual Reality benefit tremendously from the application wireless sensors. Additionally, technologies like AI used in warehouses of Amazon requires the use wireless sensors for both increasing productivity as monitoring for safety. Amazon, the e-commerce giant also opened fully-automated retail stores with the help of industrial wireless sensor network technology. The growth of automation in retail can enhance various aspects of automation as the technology is at the forefront of human interaction and promises to bring in new insights for growth.

Automotive to Remain a Challenge and a Great Opportunity  

The automotive sector has witnessed several lows and highs in recent time. On one hand, global economic slowdown impacted sales in major markets like the US. Additionally, the push for greener fuels ultimately resulted in major innovations in both commercial transport vehicles, as well as passenger vehicles. The rise of electric vehicles is a major opportunity for automakers. Most major manufactures are planning to release electric versions as the competition heats up and emission goals come to the forefront. The increasing automation in factories as well as in the driving aspect remains a major challenge and source of opportunity. On one hand, it promises a new base of consumers who are awed by next-gen vehicles. On the other hand, trends like rent-a-vehicle are changing the way people use cars globally. In regions like North America, the growth will remain robust as owning a car is essential for most. However, in cities, the growth of automobile remains a challenge.

Asia Pacific Region to Remain Lucrative for Growth

The industrial wireless sensor market remains lucrative for growth as manufacturing, trends like 3D printing continue to promise new in-roads in efficient and productive manufacturing. Additionally, technologies like 3D printing also promise new innovation in automotive, manufacturing, and IT sector. The rising manufacturing in Asia Pacific promises new opportunities for players in the industrial wireless sensor market.

The global industrial wireless sensor networks market is segmented as below:

Global Industrial Wireless Sensor Networks Market, by Type

• Flow
• Gas
• Temperature
• Pressure
• Others (Level, Humidity etc.)

Global Industrial Wireless Sensor Networks Market, by Technology

• Bluetooth
• ZigBee
• Wi-Fi
• Near Field Communication (NFC)
• Cellular
• Others (wirelessHART, ISA 100.11a etc.)

Global Industrial Wireless Sensor Networks Market, by Industry

• Automotive
• Food & Beverages
• Manufacturing
• Mining
• Oil & Gas
• Others

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro Levels. With wider scope and stratified research methodology, TMR’s syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research,
90 Sate Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

 

Vibration Sensor Market Report 2019: Detailed Research Analysis Report Till 2027

According to a new research report published by Transparency Market Research (TMR) , the global vibration sensor market is expected to reach a value of ~ US$ 4.5 Bn by 2027, expanding at a CAGR of ~ 5% from 2019 to 2027. According to the report, the global vibration sensor market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Asia Pacific is projected to continue to lead the global vibration sensor market, with the vibration sensor market in the region expanding at a CAGR of ~ 5% between 2019 and 2027. 

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Global Vibration Sensor Market: Overview

• The last few years have seen significant rise in the awareness about predictive maintenance as well as safety in various high growth regions such as North America, Europe, and Asia Pacific.
• This is attributable to the increase in the adoption of vibration sensors in several industry verticals. Vibration sensors are used to measure and analyze parameters such as linear velocity, displacement, and acceleration. These parameters are required to monitor machine health that further improves productivity as well as reduces maintenance cost. Also, the use of vibration sensors is increasing as machine condition monitoring plays an important role in improving the performance of machines. These factors have driven the demand for vibration sensors in Asia Pacific. Increase in the demand for vibration sensors in high growth regions is projected to directly increase the growth of the global vibration sensor market.

Accelerometers Hold a High Share in the Global Vibration Sensor Market

• The accelerometers segment was dominant, holding 71.46% share of the global vibration sensor market in 2018. The segment is anticipated to continue its dominance throughout the forecast period in the vibration sensor market.
• Piezoelectric type accelerometer vibration sensors have large demand within various industry verticals.

Processing Industry Holds the Leading Market Share

• The processing industry segment is anticipated to be a prominent segment in the global vibration sensor market throughout the forecast period.
• The segment is projected to expand at a CAGR of ~ 5% from 2019 to 2027. This is primarily due to the high adoption of vibration sensors in processing industries such as food & beverages, metal & mining, and paper & pulp.

Asia Pacific to be a Highly Lucrative Market for Vibration Sensors

• In terms of geography, the global vibration sensor market has been segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Asia Pacific dominated the global vibration sensor market, holding 33.08% of the market share in 2018.
• The market in Asia Pacific is expected to expand at the CAGR of ~ 5% during the forecast period.
• Growth of the vibration sensor market in Asia Pacific is attributable to the rising demand for vibration sensors for use in a wide range of applications in the region. These include condition monitoring, machine monitoring, industrial monitoring, medical instrumentation, sports diagnostic equipment, and military applications where wide bandwidth, small form factor, low power, and high performance are critical.

Vibration Sensor Market: Competition Landscape

• With the objective of business expansion, several players operating in the global vibration sensor market are expanding their offerings through strategic mergers and acquisitions as well as partnerships. Furthermore, an increasing number of players are spending significantly on R&D activities to develop innovative and technologically-advanced vibration measurement solutions.
• Some of the prominent players operating in the global vibration sensor market are Honeywell International, Inc., TE Connectivity Ltd, Robert Bosch GmbH, ASC GmBH, MTI Instruments Inc., Keyence Corporation, Safran Colibrys SA, Hansford Sensors Ltd, National Instruments Corporation, and Analog Devices, Inc.

The global vibration sensor market has been segmented as follows: 

Global Vibration Sensor Market by Type

• Accelerometers
• Capacitive MEMS
• Piezoresistive
• Piezoelectric
• Electromagnetic Velocity Sensors
• Non-contact Displacement Sensors 

Global Vibration Sensor Market by End-use Industry

• Processing Industry
• Automotive
• Oil and Gas
• Consumer Electronics
• Energy & Power
• Aerospace & Defense
• Healthcare
• Others

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Dimmer and Color Tunable Market 2019 Share, Trend, Segmentation and Forecast To 2027

Dimmer and Color Tunable Market: Introduction

Transparency Market Research delivers key insights on the global dimmer and color tunable market. In terms of revenue, the global dimmer and color tunable market is estimated to expand at a CAGR of ~8% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global dimmer and color tunable market.

A dimmer is a device that helps in adjusting or controlling the intensity or brightness of the light source, including incandescent, HID, LED, and CFL. It helps in reducing the energy usage by various light sources, which helps in conserving a large amount of energy. Furthermore, color-tunable products enable variation or adjustment in the CCT (correlated color temperature) through input control. Color-tunable products also help in improving the work efficiency and increasing the productivity, as they are capable of mimicking various light sources.

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Dimmer and Color Tunable Market: Dynamics

Lighting consumes a significant portion of energy across the world. With the evolution of technologies, LED lighting is introduced, which offers a higher level of energy efficiency than the traditional lamps. Governments of countries across the world are encouraging the use of LED lights in residential, commercial, and industrial premises. In addition to this, governments of countries in Europe, North America, and Asia Pacific are phasing out conventional light sources by replacing them with energy-efficient LED lights. Furthermore, in view of energy saving, various lighting companies, including Lutron Electronics Company and Cree, Inc., have introduced color-tunable and dimmable lights. These lights can help organizations and households across the globe in conserving energy and protecting the environment. Moreover, for promoting the adoption of dimmable lights in commercial spaces, technological advancements are continuing worldwide. For instance, in 2019, the CSIR-Advanced Materials and Processes Research Institute (CSIR-AMPRI) introduced the dimmable LED street lighting technology. The new technology would be useful to save a large amount of energy. Government efforts to save a large amount of energy require prominent use of LED lights that are dimmable as well as color tunable.

Several luminaires have drivers and engines that drive the current from AC voltage supply toward the LED light. In case of any issue with the light, drivers can be easily replaced. Since the demand for color-tunable LED luminaires is increasing across the world led by various benefits associated with them, manufacturers are also investing in producing technologically advanced light drivers. This helps in altering the color temperature of light to make it suitable for use in various applications. For instance, in 2019, OSRAM Licht AG, a lighting manufacturer based in Germany, launched a tunable white light system for use in healthcare settings, offices, and educational spaces. The new system consists of LED drivers and engines that can be adjusted within the range of 2,700 K – 6,500 K.

Dimmer and Color Tunable Market: Prominent Regions

The dimmer and color tunable market in North America is projected to expand at a significant rate, in terms of value, during the forecast period, owing to growing adoption of the dimmer and color tunable technology in the region. The U.S. is home to several well-established players that design and offer dimmers and color-tunable products, such as Acuity Brands Lighting, Inc., Daintree Networks, Inc., Lutron Electronics Co., Inc., and Hubbell Lighting, Inc. These players have introduced technological advancements in their dimmer and color tunable offerings

In terms of volume, Asia Pacific is the most rapidly expanding market for dimmers and color tunables. This is attributable to the growing number of smart cities planned in the region, especially across major countries such as China, Japan, Australia, South Korea, and India. Moreover, countries such as China and India are densely populated, which increases the adoption of lighting. Furthermore, growth of the commercial lighting sector led by increasing spending on lighting in shopping malls is also driving the market in Asia Pacific. Moreover, rapid urbanization in the region has resulted in upgrade of traditional lighting systems into smart lighting, including dimmers and color-tunable products.

Dimmer and Color Tunable Market: Key Players

The bargaining power of buyers is moderate, owing to presence of a large number of well-established as well as emerging players in the global dimmer and color tunable market, which design, manufacture, and supply dimmers and color-tunable lights worldwide. Key market players are Acuity Brands Lighting, Inc., Apple Inc., Cooper Industries, Inc., Daintree Networks, Inc., Hubbell Lighting, Inc., Honeywell International Inc., Osram GmbH, Legrand S.A., and Lutron Electronics Co, Inc.

Global Dimmer and Color Tunable Market: Segmentation

Dimmer and Color Tunable Market, by Product

• Dimmer
• TRAIC Dimmer
• Leading Edge
• Trailing Edge
• PWM Dimming
• DALI Dimming
• Switch Dimming
• Inductive Dimming
• Fluorescent Dimming
• Color Tunable
• Dim-to-warm
• White-tunable
• Full-color-tunable

Dimmer and Color Tunable Market, by Light Source

• Incandescent & Halogen
• Fluorescent
• LED
• HID

Dimmer and Color Tunable Market, by End User

• Commercial
• Office Lighting
• Retail Malls
• Hospitality
• Others
• Residential
• Others
• Industrial Lighting
• Outdoor & Traffic Lighting

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About Us

Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants uses proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Flow Meters Market 2015 Industry Trend and Forecast 2021

The global market for flow meters is fairly consolidated, finds Transparency Market Research (TMR) in a new study. About a quarter of the market was taken up by regional players in 2014. Badger Meter, Inc., Siemens AG, and ABB Ltd. were the top three manufacturers of flow meters in 2014. Their collective share in the market’s total valuation was 63.7% in 2014. Most flow meters manufacturers are being pulled towards the lucrative opportunities available in wastewater management. This applies especially to the regions of Europe and Asia Pacific.

From a competitive perspective, TMR states that the flow meter makers need to focus on how they can make their products cheaper and more accurate. Key players are already introducing advanced technologies that offer more accurate results than their predecessors. As a result, innovation is an absolute necessity to stay alive in this market.

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Key players are also looking to expand their regions of operations by forming mergers and acquiring regional players from the fragmented section of the market.

Water Management, Petrochemical Industries Look for Smart Flow Meters for Improving Process Efficiencies

“Flow meters are a key requirement in petrochemical industries,” states a TMR analyst. “They are needed in interwell allocations, water discharge, custody transfer, gas flaring, and other minor processes. The improvements in flow meters will help the petrochemical and refining industries in two key ways: they will firstly improve the output efficiency of the petrochemical plant, and reduce the discharge of harmful chemicals and toxins into the environment.”

The integration of smart flow meters in the petrochemical and refining industries will therefore add a major benefit in terms of optimizing production efficiency.

Further boosts are given to flow meter manufacturers in the form of growing count of capital projects meant for advancing flow meters. These investments are invaluable for flow meter players when trying to improve their technologies to be more suited for its diverse array of applications.

Flow Meter Sales Disturbed by Lack of Skilled Operators

“A major concern for any advanced systems or equipment is the equipment being used by a qualified professional,” states the TMR analyst. “These professionals can ensure the proper functioning of the rather expensive equipment and maintain their purpose of improving operations efficiency.”

Currently, however, there are not enough skilled professionals working in this market. this lack of manpower for advanced flow meter operations is severely affecting sales of flow meters across the globe.

APAC Leads in Demand for Flow Meters

The global flow meters market is expected to expand at a CAGR of 9.5% within a forecast period from 2015 to 2021 in terms of revenue. By 2021, this revenue is expected to reach US$9.61 bn. The demand for flow meters is the highest in the Asia Pacific region currently. By the end of 2021, this region is expected generate a revenue of US$3.79 bn for flow meter players.

Thermal flow meters, pressure-based flow meters, and optical flow meters, along with other similar types of flow meters, are expected to take up US$2.71 bn of the revenue by 2021.

The information presented in this review is based on a Transparency Market Research report, titled, “Flow Meters Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021.”

Key Takeaways:

• Global flow meters market expected to reach US$9.61 bn by 2021.
• Application of flow meters in water management expected to generate a revenue of US$1.52 bn by 2021.
• Magnetic flow meters to accrue a revenue of US$1.88 bn by 2021.

Key segments of the Global Flow Meters Market

Global Flow Meters Market, by Product type

• Magnetic flow meter
• Coriolis flow meter
• Ultrasonic flow meter
• Vortex flow meter
• Others

Global Flow Meters Market, by Applications

• Energy management
• Water management
• Food processing
• Oil and gas
• Others

Global Flow Meters Market, by Region

• North America
• Europe
• Asia Pacific
• Rest of the World

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Biochemical Sensor Market 2017 Share, Segmentation, Trend, And Forecast To 2025

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

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

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

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

Application across Diverse Industries, Especially Healthcare, to Boost Growth

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

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

High Cost of Biochemical Sensors to Limit Sales                      

On the downside, high cost of biochemical sensors will hinder the sales to an extent. In addition, complex product design and incompatibility with real-world application portend hard-time for the market. Nevertheless, advancements in the wireless technology will help reduce the impact of aforementioned bottlenecks. The market will also gain from the rapid proliferation of wearable technology.

This review is based on a TMR report, titled “Biochemical Sensor Market (Product – Electrochemical Sensor, Optical Sensor, Gas Sensor, Thermal Sensor, and Piezoelectric Sensor; Film Deposition Material – Titanium Oxide (TiO2), Fluorine Doped Tin Oxide (SnO2:F), Silicon Oxide (SiO2), and Aluminum Oxide (AL2O3); Application – Clinical Diagnosis, Environmental Monitoring, Food Quality Control, and Military) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

The report segments the global biochemical sensor market as:

Global Biochemical Sensor Market: By Product Type

• Electrochemical Sensor
• Optical Sensor
• Gas Sensor
• Thermal Sensor
• Piezoelectric Sensor

Global Biochemical Sensor Market: By Film Deposition Material

• Titanium Oxide (TiO2)
• Fluorine Doped Tin Oxide (SnO2:F)
• Silicon Oxide (SiO2)
• Aluminum Oxide (Al2O3)
• Others

Global Biochemical Sensor Market: By Application

• Clinical Diagnosis
• Environmental Monitoring
• Food Quality Control
• Military
• Others

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•  

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com