Automotive EV HUB Market to Rear Excessive Growth during 2030

 

Automotive EV HUB Market: Introduction

• Automotive EV HUB is the central system of an electrical vehicle. It is a vehicular network that converts electric energy from the battery into mechanical energy of the wheels. It also includes systems that perform functions such as charging and battery management.
• The automotive EV HUB consists of two primary types of parts, namely, driving parts (motors) and power supply parts (inverters, converters, etc.)

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Key Drivers of Automotive EV HUB Market

• Increase in sale of autonomous and electric vehicles is fueling the demand for EV driving systems. The Global EV Outlook 2019 report of International Energy Agency stated that sale of electric cars witnessed 40% year-on-year growth in 2019 with a total sale of 2.1 million electric cars worldwide. These electric and autonomous vehicles utilize complex networks of electro-mechanical parts that constitute the driving system or hub of these vehicles. Thus, increase in adoption of next-generation vehicles is driving the automotive EV HUB market across the globe.
• Tailpipe emissions such as carbon dioxide, nitrogen oxides, hydrocarbons, carbon monoxide, and sulfur dioxide cause respiratory illnesses, heart conditions, and mental illness, which results in increased healthcare burden. Consequently, worldwide transportation and environment regulatory authorities have tightened regulations related to vehicle emissions. This implementation of stringent emission norms along with soaring fossil fuel prices have prompted automakers to launch new electric vehicle models or facelift their existing models with mild EV capabilities to increase their efficiency and reduce emissions. Thus, increased focus of OEMs on reducing fuel consumption and vehicle emissions is propelling the global automotive EV HUB market.

Restrains of Automotive EV HUB Market

• Multiple parts of EV HUB when integrated on the vehicle, increases the complexity of vehicle architecture and the overall price. This restrains the global automotive EV HUB market.

Impact of COVID-19 pandemic on Automotive EV HUB Market

• The COVID-19 pandemic affected supply chains of EV component manufacturers, thus creating a shortage of raw materials and components. However, multiple companies involved in EV manufacturing including Rivian, Byton, and WM Motor have raised substantial funding in the last year. Furthermore, sales of EVs are anticipated to rebound, as governments have lifted the restriction on industrial activities, which in turn is estimated to propel the automotive EV HUB market in the near future.

Europe and Asia Pacific hold Significant Share of Global Automotive EV HUB Market

• Europe holds significant share of automotive EV HUB market owing to government initiatives of the U.K, Netherlands, France, and Spain to promote electric cars and developing charging infrastructure, which has fueled the sales of electric cars in the region.
• Sales of electric cars are increasing at a rapid pace in Asia Pacific with China and Japan leading the region. According to the statistics of International Energy Agency, in 2019, 1.10 million electric vehicles were sold across China, which was highest across the globe. This rise in sale of electric vehicles in Asia Pacific is fueling the automotive EV HUB market in the region.

Key Players Operating in Automotive EV HUB Market

The global automotive EV HUB market is highly concentrated due to the presence of top manufacturers. A few of the key players operating in the global automotive EV HUB market are:

• BorgWarner Inc.
• DENSO
• Eaton
• Hitachi Power Semiconductor Device, Ltd.
• HYUNDAI TRANSYS
• Infineon Technologies AG
• MAHLE GmbH
• NIDEC CORPORATION
• NXP Semiconductors
• Ricardo
• Robert Bosch GmbH
• Silicon Laboratories
• STMicroelectronics
• Texas Instruments Incorporated
• Vitesco Technologies
• ZF Friedrichshafen AG

Global Automotive EV HUB Market: Research Scope

Global Automotive EV HUB Market, by Component

• Converter
• Inverter
• Motor
• Battery
• Control Unit
• Compressor
• Axle
• Others

Global Automotive EV HUB Market, by Propulsion

• Hybrid Vehicle
• Full Hybrid Vehicle
• Mild Hybrid Vehicle
• Plug-in Hybrid vehicle
• Battery Electric vehicle

Global Automotive EV HUB Market, by Vehicle Type

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

Global Automotive EV HUB Market, by Sales Channel

• OEM
• Aftermarket

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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

About Us

TMR has a track record to provide ace market research solutions that has earned us the trust of our clients for their business intelligence needs. Serving 13 industry verticals with a database of over 1,000 reports and 1 million + data points, our expanse to provide market research solutions is exceptional. We deep dive for a thorough understanding of the subject, gather precise information, and then analyze it to present solutions that are par excellence.

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Three Dimensional Puzzle Market to Register Substantial Expansion By 2030

 

Global Three Dimensional Puzzle Market– Introduction

• The global games industry has introduced 3D puzzles influenced by 3D printing. The pieces when put together form a real visual look of an object such as a house, a building, small animals, etc. 3D puzzles are unlike traditional puzzles where a single image is created when flat pieces are put together. Three-dimensional puzzles have themes for children such as cartoon characters, Disney characters, or objects (ship, globe etc.). The puzzle would provide the look of a building, a house, a lion running, etc. The 3D puzzle market has been positively affected by COVID-19 and the impact can be seen globally where people under lockdown want to engage themselves in leisure and entertainment activities. People practicing social distancing and spending more time with family and children has encouraged them to play board games and puzzles at home, besides playing other games such as ludo, snakes & ladder, and carom.

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Increase in sale of 3D puzzle games through company-owned websites and e-commerce websites anticipated to create new opportunity for the market

• Increase in trend of selling 3D puzzle games and other exclusive range of games through online distribution channels especially on company-owned websites and e-commerce websites such as Amazon, Walmart, and through regional online retailers across the world is projected to create huge opportunities. The primary motive is to increase entertainment options during social engagements, etc. Manufacturers and distributors also provide attractive discounts and offers to drive the sale of their 3D puzzle toys and games.

Growing population of children

• The presence of children can be felt globally, due to increase in the population of children. 3D puzzles are designed for children, so they can brainstorm while arranging the puzzles. Parents are increasingly introducing educational puzzles for their children, which has led to an increasing trend of buying 3D puzzles. Schools are introducing digital educational games in the form of puzzles that involve 3D graphics with 3D puzzle games to develop logical reasoning and thinking. Children like to engage themselves in 3D puzzles. The imagination of children is impacted in a positive way while making 3D puzzles. 3D puzzles are more comprehensive and improve children's hands and brain coordination in a better manner.

Asia Pacific dominated the three dimensional puzzle market

• Geographically, the global three dimensional puzzle market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
• The market in North America is anticipated to grow at a significant rate during the forecast period due to the rise in popularity of 3D puzzle toys and games and increase in the number of people playing such games in the U.S., Canada, and Mexico, which is projected to surge the sale of three dimensional puzzles in the near future. In the U.S., multiple puzzle retailers are offering puzzles of different themes, such as sports, wildlife, culture, religion, and festivals, driving demand among kids and teenagers.
• Asia Pacific was the fastest growing region of the three dimensional puzzle market in the year 2019. The market in Asia Pacific is anticipated to grow at a significant rate during the forecast period due to rapid advancements taking place in 3D printing technology and need to engage people in more meaningful activities in India, China, Japan and various other countries of Southeast Asia.

Key Players Operating in the Three Dimensional Puzzle Market

Many players are active in the games industry. Buffalo Games, Hasbro, Inc., Mattel, Inc., and Disney are game providers and create 3D puzzles with innovative designs and shapes. Companies are undertaking mergers & acquisitions or signing agreements with regional distributors and dealers to expand their business in various parts of the globe. Manufacturers are also partnering with media and entertainment houses to offer unique themes and diversify their product category. Some of the key players operating in the global three dimensional puzzle include:

• Buffalo Games
• Hasbro, Inc.
• Mattel, Inc.
• Ceaco, Inc.
• Ravensburger AG
• The LEGO Group
• Disney
• Hape
• Cubic Fun
• Robotime

Global Three Dimensional Puzzle Market – Research Scope

Global Three Dimensional Puzzle Market, by Product Type

• Toys
• Games

Global Three Dimensional Puzzle Market, by Price Category

• Low
• Medium
• High

Global Three Dimensional Puzzle Market, by End-users

• Children
• Adults

Global Three Dimensional Puzzle Market, by Distribution Channel

• Offline
  • Specialty Stores
  • Hypermarkets and Supermarkets
  • Books Stores
• Online
  • Online retailers
  • E-commerce websites

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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

About Us

TMR has a track record to provide ace market research solutions that has earned us the trust of our clients for their business intelligence needs. Serving 13 industry verticals with a database of over 1,000 reports and 1 million + data points, our expanse to provide market research solutions is exceptional. We deep dive for a thorough understanding of the subject, gather precise information, and then analyze it to present solutions that are par excellence.

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Luxury Shuttle Bus Market Set to Witness an Uptick During 2020 To 2030

 Luxury Shuttle Bus Market: Introduction                                                      

According to the report, the global luxury shuttle bus market is projected to surpass US$ 6 Bn by 2030, expanding at a CAGR of ~9% during the forecast period, owing to the increase in adoption of public transport services and the rise in the number of shuttle services among various sectors such as aviation, corporate, and tourism. The global luxury shuttle bus market is prominent in most developed countries; however, increasing influence of governments to adopt public transportation services for commute is anticipated to drive the market for luxury shuttle buses.

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Expansion of Luxury Shuttle Bus Market

Transportation services have been expanding, as governing bodies have been consistently emphasizing on the adoption of bus services for daily commute across the globe, including North America, to fight against air pollution and traffic congestion issues. The rise in awareness among society about the aforementioned issues is driving the preference for a large bus instead of using multiple smaller vehicles. The demand for luxury shuttle buses is primarily increasing for sightseeing, daily commute for workplace, and interstate travel. Luxury shuttle buses are integrated with amenities and hence, are as comfortable as a personal vehicle. The increase in trend of weekend trips has significantly fueled the luxury shuttle bus market. Additionally, smart move by travel service providers to roll out luxury bus services on the most popular weekend routes around popular cities is further propelling the luxury shuttle bus market.

Luxury Shuttle Bus: Market Segmentation

In terms of application, the demand for luxury shuttle bus has been significantly high on longer routes, which is generally preferred by tourist. This led the tourism coaches segment to hold a major share of the global market. The market for luxury buses and coaches has been volatile; however, an increase in focus on expansion of public transportation system and a rise in investment by government bodies to promote public transport system are likely to propel the global luxury shuttle bus market.

Regional Analysis of Luxury Shuttle Bus Market

The global luxury shuttle bus market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America and Europe witness high penetration of luxury shuttle buses, owing to high demand among consumers and presence of good transportation infrastructure for bus travel; however, Asia Pacific is a prominent market for luxury shuttle bus, owing to high production and higher consumer base in the region. China is a notable market for luxury buses as all the leading manufacturers have high capacity expansion in the country. On the other hand, China is a leading manufacturer of electric buses across the globe, owing to the presence of all resources and high focus on vehicle electrification in the country. The market for the luxury shuttle bus is likely to expand at a higher growth rate in developing countries due to the increase in per capita income and improvement in lifestyle, which ultimately is leading to higher spending on luxury and leisure, thus driving the demand for luxury shuttle buses.

Luxury Shuttle Bus Market: Key Players

Prominent players operating in the global luxury shuttle bus market include ARBOC Buses, CNH Industrial N.V., Daimler AG, Federal Coach, Forest River, Grech Motors, Isuzu Motors Ltd., Kamaz, Krystal Shuttle Buses, KSIR Bus, LGE Coachworks, Proterra, Scania AB, Tata Motors, Toyota Motor Corporation, and Volkswagen AG.

Global Luxury Shuttle Bus Market: Segmentation

Luxury Shuttle Bus Market, by Propulsion

• Diesel/Gasoline
• Alternate Fuels
• Battery Electric Buses
• Hybrid Electric Buses

Luxury Shuttle Bus Market, by Seating Capacity

• Below 25 Passengers
• 26 to 35 Passengers
• 36 to 55 Passengers
• 56 Passengers & Above

Luxury Shuttle Bus Market, by Application

• Corporate
• Government
• School Coach
• Airport Shuttle
• Hospital & Medical Coach
• Tourism Coach
• Others

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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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Vertical Lift Module Market: Global Forecast Over 2030

 Vertical Lift Module Market: Introduction

Transparency Market Research delivers key insights on the global vertical lift module market. In terms of value, the global vertical lift module market is estimated to expand at a CAGR of ~9% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global vertical lift module market report.

In the report, TMR predicts that the global vertical lift module market would be largely driven by increasing installation of automated storage & retrieval systems, evolution in e-Commerce & logistics industry, etc., which are expected to boost the market during the forecast period. According to the vertical lift module market report, the type segment has been divided into temperature controlled/refrigerated and non-refrigerated. In terms of configuration, the vertical lift module market has been divided into internal bay (single and dual) and external bay (single and dual).

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In terms of maximum load capacity, the vertical lift module market has been classified into below 20 ton, 20 ton to 40 ton, and above 40 ton. Based on end-use industry, the global vertical lift module market has been categorized into metals & machinery, automotive, food & beverages, electronics, logistics, healthcare, retail, and others. As per application, the global vertical lift module market has been segmented into wave picking, batch picking, consolidation, sorting, replenishment, and others.

The growth of healthcare, pharmaceuticals, and electrical/electronic industries is driving the demand for vertical lift modules. In recent years, rapid increase in the installation of vertical lift module systems in retail and food & beverages companies, and hospitals for picking and handling of products is projected to fuel the demand for vertical lift modules. The growing retail industry across the globe prompts an increase in installation of warehouses to better manage multiple locations and regions for efficient and optimized logistics.

Vertical Lift Module Market: Prominent Regions

Asia Pacific was the dominant and fastest growing market for vertical lift modules in the year 2019. China, India, Japan, and Korea are major markets for vertical lift modules in Asia Pacific and are responsible for the growth of the vertical lift module market in the region in recent years. The significant demand for warehouse management coupled with increasing number of WMS providers in the region is expected to drive the growth of the vertical lift module market.

Vertical Lift Module Market: Key Players

Key players operating in the global vertical lift module market include Gonvarri Material Handling, EffiMat Storage Technology A/S, Ferretto Group S.p.a., Hänel Storage Systems, ICAM SRL, Kardex Remstar, AutoCrib, Inc., Modula S.p.A, SSI SCHAEFER Group, Weland Solutions AB, Vidir Solutions, Inc., and Automha S.p.A.

Global Vertical Lift Module Market: Segmentation

Vertical Lift Module Market, by Type

• Temperature Controlled/Refrigerated
• Non-refrigerated

Vertical Lift Module Market, by Configuration

• Internal Bay Single Dual
• External Bay Single Dual

Vertical Lift Module Market, by Maximum Load Capacity

• Below 20 Ton
• 20 Ton to 40 Ton
• Above 40 Ton

Vertical Lift Module Market, by End-use Industry

• Metals & Machinery
• Automotive
• Food & Beverages
• Electronics
• Logistics
• Healthcare
• Retail
• Others (Aerospace, Chemicals, etc.)

Vertical Lift Module Market, by Application

• Wave
• Picking
• Batch
• Picking
• Consolidation
• Sorting
• Replenishment
• Others (MRO, etc.)

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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 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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Bathroom Products Market Expected To Witness A Sustainable Growth Over 2030

 Bathroom Products Market: Introduction

Transparency Market Research delivers key insights on the global bathroom products market. In terms of revenue, the global bathroom products market is estimated to expand at a growth rate of ~8% during the forecast timeline, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global bathroom products market report.

In the report, TMR predicts that the global bathroom products market would be largely driven by growing production of bathroom products across the globe and growth in population, which has led to increased adoption of bathroom products globally, mainly in countries such as the U.S, Germany, China, and India that is expected to boost the growth of the bathroom products market in the upcoming years.

In the bathroom products market research report, in terms of type, the market has been divided into bathroom basin, bathroom furniture, and bathroom accessories. Bathroom accessories segment held majority market share in terms of volume in 2019, and the same scenario is likely to be witnessed during the forecast years as well. However, economic development will lead to innovations in the construction industry, particularly in terms of residential buildings with improved facilities, which is expected to push the demand for bathroom basins during the forecast period.

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Based on application, the global bathroom products market has been classified into residential and commercial. The increasing construction of commercial spaces such as shopping complexes, shopping malls, and offices has increased the demand for bathroom products. The growth of the construction industry is the major factor responsible for the expansion of the bathroom products market. Home renovation activities are also anticipated to drive the bathroom products market. The residential sector holds a major share of the bathroom products market.

In terms of distribution channel, the global bathroom products market has been divided into online and offline. The offline mode of distribution is expected to drive the bathroom products market in the near future, holding more than 69% share of the market in 2019. A large number of bathroom products manufacturers are selling their products across the globe through their company-owned website and e-Commerce websites. The online distribution channel is, thus, expected to grow at the fastest rate during the forecast period, owing to the rise in trend of buying consumer products through e-Commerce and online platforms. The evolution of the e-Commerce industry has created significant opportunities for manufacturers and distributors of bathroom products.

Bathroom Products Market: Prominent Regions

Asia Pacific accounted for a major share of the bathroom products market in 2019. The Asia Pacific market is driven by the large number of construction projects and technological advancements in bathroom products. Hence, it is the fastest growing market in the world. However, North America and Europe have been dominating the bathroom products market.

Growing government initiatives such as the Swachh Bharat Abhiyan in India and other government initiatives worldwide are other major reasons for the growth of the market globally.  

The COVID-19 pandemic in different European countries has a major impact on this market. Bathroom basin sales have dropped in the fast quarter. However, after relaxation of lockdown, consumer demand for bathroom products has increased in Germany, the U.K., and other European countries. Furthermore, consumer demand for premium products is driving the market, apart from high spending power of the middle class population.

Bathroom Products Market: Key Players

Some of the key players operating in the bathroom products market are Kohler Co., Roca Sanitario, S.A., TOTO Ltd., LIXIL Group, Hamberger Sanitary GmbH, Huida Sanitary Ware Co., Ltd., Bemis Manufacturing Company, Sloan Valve Company, Ginsey Home Solutions, and AmeriSink Inc.

Global Bathroom Products Market: Segmentation

Bathroom Products Market, by Type

•    Bathroom Basin

• Single
• Double
• Multiple

•    Bathroom Furniture

• Cabinets
• Mirrors
• Shelves
• Others (Vanities, etc.)

•    Bathroom Accessories

• Taps
• Toothbrush Holders
• Towel Rack/Ring
• Trash Cans
• Others (Bath Rugs & Mats, etc.)

Bathroom Products Market, by Basin Material

•    Ceramics

•    Acrylic

•    Metals

•    Stone

•    Others

• Glass
• Coating Material (Enameled/Glazed Steel)
• Others

Bathroom Products Market, by Basin Shape

•   Rectangular

•    Round

•    Oval

•    Square

•    Asymmetrical

Bathroom Products Market, by Basin Installation

•    Countertop

•    Wall-mounted

•     Free-standing

•     Console

•     Others (Built-in, etc.)

Bathroom Products Market, by Application

•     Residential

•     Commercial

• Hospitals
• Offices
• Hotels & Cafes
• Others (Institutions, etc.)

Bathroom Products Market, by Price

•    Low

•     Medium

•      High/Premium

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Bathroom Products Market, by Distribution Channel

•    Online

• e-Commerce Websites
• Company-owned Website

•    Offline

• Hypermarkets/Supermarkets
• Specialty Stores
• DIY Stores

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.

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Innovation to Drive High Resistivity Silicon Wafers Market throughout the Forecast Period (2020 –2030)

 High Resistivity Silicon Wafers Market: Introduction

Transparency Market Research delivers key insights on the global high resistivity silicon wafers market. In terms of revenue, the global high resistivity silicon wafers 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 high resistivity silicon wafers market.

High resistivity silicon is a monocrystalline silicon having a bulk resistivity larger than 1 kΩcm. High resistivity silicon wafers are used in various end-use industries such as security systems, consumer electronics, healthcare, power electronics, and telecommunications to meet emerging performance requirements of telecommunication devices. High resistivity silicon wafers are largely used in the telecommunications industry, as it is an ideal candidate for a substrate for a GHz &THz transmission line due to low loss tangent, besides its availability at low cost. Thus, the demand for high resistivity silicon wafers is projected to rise across the globe in the near future with the growing trend of making novel RF devices and detectors & sensors to perform operations quickly and safely. The adoption of technologically advanced, high resistivity silicon wafers has increased in the power electronics and telecommunications industry with the introduction of new technologies and innovations, thereby creating lucrative opportunities for the global high resistivity silicon wafers market. A large number of players including  Shin-Etsu Chemical Co., Ltd., Siltronic AG, Soitec, Sumco Corporation, and Wafer Works Corporation are developing new silicon on insulator wafers, which are used to make RF chips, switch devices, and antenna tuners for smartphones, computers, and others products.

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The global high resistivity silicon wafers market has been broadly segmented by type, production technology, application, and end-use industry. Based on type, the market has been divided into single side polished wafers, double side polished wafers, silicon on insulator wafers, and others. Based on production technology, the market has been segmented into standard Cz, MCz, ultra-low Oi A-MCz, FZ, and others. In terms of application, the market has been segregated into detectors & sensors, power semiconductors, MEMS devices, RF devices, and others. In terms of end-use industry, the market has been divided into security systems, consumer electronics, healthcare, power electronics, telecommunications, and others. Among types, the silicon on insulator wafers segment holds significant market share and is anticipated to expand at a rapid pace during the forecast period. This is primarily attributable to significant use of silicon on insulator wafers in Microelectromechanical Systems (MEMS) and advanced complementary metal–oxide–semiconductor (CMOS) integrated circuit fabrication.

High Resistivity Silicon Wafers Market: Dynamics

In the telecommunications industry, high frequency signals are required for transmission of signals over long distance with minimum loss of signal strength. RF devices such as Wi-Fi wireless internet devices, Zigbee wireless devices, cordless telephones, and other devices are significantly used in offices, commercial, and residential places. The use of silicon wafers in RF devices is ideal, as they are capable of lowering the coupling between devices and provide low-loss substrates for high speed and system integration. Thus, increasing demand for RF devices in the global telecommunications sector is projected to have a positive impact on the global high resistivity silicon wafers market during the forecast period.

Moreover, advancement in technology and surge in demand for use of technologically advanced high resistivity silicon wafer products in power semiconductor applications have increased across the globe. For instance, in March 2017, Sil’tronix ST developed highly boron-doped wafers, a new manufacturing process to handle all the production steps for P++ silicon wafers (resistivity closed to 1m?.cm). This process is helpful to control and set the precise value of resistivity level as per application requirements. Thus, incorporation of advanced technology in high resistivity silicon wafers for the power electronics field across the globe is expected to boost the global high resistivity silicon wafers market during the forecast period.

High Resistivity Silicon Wafers Market: Prominent Regions

According to regional analysis, Asia Pacific is the dominant region of the global high resistivity silicon wafers market. The growth of the market in the region can be attributed to the significant manufacturing ability of players operating in the Asia Pacific market to produce high resistivity silicon wafers for consumer electronics and power electronics applications. China has proved to be the most diversified and dynamic market. A majority of high resistivity silicon wafers are silicon on insulator wafers, which are used in CMOS devices to increase the speed performance of semiconductor devices; this is anticipated to drive the high resistivity silicon wafers market in Asia Pacific in the next few years.

China held a major share of the Asia Pacific high resistivity silicon wafers market, in terms of revenue, followed by Japan, in 2019. However, in terms of revenue, the market in India is anticipated to expand at a substantial CAGR during the forecast period. North America is focusing on the adoption of high resistivity silicon wafers in order to strengthen its consumer electronics and power electronics field. The U.S. is home to several well-established players that design and offer high resistivity silicon wafers. Thus, rising demand for high resistivity silicon wafers in consumer electronics and power electronics sectors is anticipated to boost the high resistivity silicon wafers market in North America during the forecast period. The market in Europe is estimated to witness prominent growth during the forecast period. The high resistivity silicon wafers market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

High Resistivity Silicon Wafers Market: Key Players

Key players operating in the global high resistivity silicon wafers market include GlobalWafers Co., Ltd. (Topsil), Okmetic, Semiconductor Wafer Inc., Shin-Etsu Chemical Co., Ltd., Sil’tronix ST, Siltronic AG, Soitec, Sumco Corporation, and Wafer Works Corporation.

Global High Resistivity Silicon Wafers Market: Segmentation

High Resistivity Silicon Wafers Market, by Type

• Single Side Polished Wafers
• Double Side Polished Wafers
• Silicon on Insulator Wafers
• Others

High Resistivity Silicon Wafers Market, by Production Technology

• Standard Cz
• MCz
• Ultra-low Oi A-MCz
• FZ
• Others

High Resistivity Silicon Wafers Market, by Application

• Detectors & Sensors
• Power Semiconductors
• MEMS Devices
• RF Devices
• Others

High Resistivity Silicon Wafers Market, by End-use Industry

• Security Systems
• Consumer Electronics
• Healthcare
• Power Electronics
• Telecommunications
• Others

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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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Growth of Vehicle Occupancy Detection System Market Projected to Amplify During 2030

 Vehicle Occupancy Detection System Market: Introduction

Transparency Market Research delivers key insights on the global vehicle occupancy detection system market. In terms of revenue, the global vehicle occupancy detection system market is estimated to expand at a CAGR of 18.5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global vehicle occupancy detection system market.

The global vehicle occupancy detection system market is broadly affected by several factors, including usage of artificial intelligence (AI) technology in vehicle occupancy detection systems in the automotive sector. Thus, expanding application of vehicle occupancy detection systems in automotive sectors is propelling the global market for vehicle occupancy detection systems.

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Vehicle Occupancy Detection System Market: Dynamics

Vehicle occupancy detection systems are electronic systems used for vehicle identification, detection, and for counting passengers inside a vehicle. The vehicle occupancy detection system plays a vital role in law enforcement to control and operate high occupancy vehicle (HOV) lanes and high occupancy toll (HOT) lanes. These systems are mounted on top of the HOV lanes with the help of racks at specific distances throughout the HOV lanes or at HOV toll booths. Another form of these systems is the mobile vehicle occupancy detection system wherein the system components are mounted on rack arrangement, and the complete arrangement is mounted on a mobile trolley, which can be moved from point to point as per local traffic conditions. A standard vehicle occupancy detection system consists of vehicle detector, camera system, and video analytics systems. The system activates through the detection of vehicles. The camera system captures images (or video) of the vehicle passing through, and the image or video analytics software processes the image or video. If the number of passengers inside a vehicle is equal to the minimum passenger number defined for the lane, the vehicle is exempted from toll charges; if not, the data about the violator is forwarded to the appropriate law enforcement authority.

In recent years, demand for more accurate, automated, and high tolerance to low visibility condition passenger occupancy detection system has increased. Leading manufacturers are focusing on development of passenger occupancy detection systems with technologically advanced functions and features in order to respond to changing market needs. In addition, some manufacturers are integrating artificial vision and deep learning technologies to ensure the highest overall system accuracy rate. This is expected to help companies meet the minimum level of accuracy criteria set by various metropolitan transportation commissions and authorities. Moreover, companies are focusing on highly reliable and non-intrusive passenger occupancy detection systems for automatic real-time detection of the front and rear occupants. Key players in the passenger occupancy detection system market are already engaged in the development and introduction of advanced passenger occupancy detection systems. For instance, in February 2019, Indra Sistemas, S.A. tested the High-Occupancy Vehicle Detection System (DAVAO) on a HOV lane in San Francisco. This system uses artificial vision and deep learning to achieve the highest overall system accuracy rate of around 88%. Thus, the introduction and development of advanced products in the passenger occupancy detection system market is expected to accelerate the implementation of new sustainable mobility policies. This is further expected to have a positive impact on the adoption of passenger occupancy detection systems during the forecast period.

Vehicle Occupancy Detection System Market: Prominent Regions

The vehicle occupancy detection system market in North America is expected to expand during the forecast period, owing to the presence of key market players, technological advancements, and growth of the automotive sector in the region. The vehicle occupancy detection system market in North America is projected to witness favorable growth during the forecast period due to the significant rise in the adoption of vehicle occupancy detection systems to detect passenger occupancy in a vehicle. This system plays an important role in reducing traffic congestion during peak time, owing to which the market is projected to reach US$ 106.15 Mn by 2030 in the region. The vehicle occupancy detection system market in Europe is likely to expand at the highest CAGR of ~20% during the forecast period, owing to the presence of a significant number of players manufacturing vehicle occupancy detection systems in the region.

Vehicle Occupancy Detection System Market: Key Players

Key players operating in the global vehicle occupancy detection system market are Siemens, Conduent Inc., Fortran Traffic System Limited, Indra Sistemas, S.A, Invision AI, NEC Corporation of America, TransCore, and Xerox Corporation.

Global Vehicle Occupancy Detection System Market: Segmentation

Vehicle Occupancy Detection System Market, by Installation

• Fixed
• Mobile

Vehicle Occupancy Detection System Market, by Technology

• Infrared
• Ultrasonic
• Hybrid

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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 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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Sapphire Substrate Market to Perceive Substantial Growth during 2030

 Sapphire Substrate Market: Introduction

Transparency Market Research delivers key insights on the global sapphire substrate market. In terms of revenue, the global sapphire substrate market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global sapphire substrate market.

The global sapphire substrate market is broadly affected by several factors, including usage of sapphire substrate in the semiconductor sector and increasing application in the consumer electronics sector. Thus, expanding applications of sapphire substrate in different sectors are propelling the global market for sapphire substrate.

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Sapphire Substrate Market: Dynamics

A sapphire substrate is a combination of physical, chemical, and optical properties having high resistance to temperature, thermal shock, and sand erosion. Sapphire substrates are hard, transparent, solid material, and synthetically produced. It has high thermal conductivity, high strength, hardness, and temperature resistance, broad spectral transmission, and excellent dielectric performance. The sapphire substrate manufacturing process consists of slicing, lapping, polishing, and CMP. Its properties make it the ideal choice for components in harsh, biological environments. Sapphire substrates are used in various optoelectronics and semiconductor equipment. Sapphire substrates have a wide range of applications in ICT, consumer electronics, power sector, optoelectronics, aerospace and defense, etc. Sapphire substrates are used in smartphones, camera lens cover, LEDs, HB LEDs, color LEDs, power IC applications, RFIC applications, MMIC applications, sapphire aerospace windows, laser diode, Silicon-on-Sapphire (SoS) IC, and transparent armors, among others.

Sapphire Substrate Market: Prominent Regions

The sapphire substrate market in Asia Pacific is expected to expand during the forecast period, owing to the presence of key market players, technological advancements, and growth of ICT and consumer electronics applications in the region. The sapphire substrate market in Asia Pacific is projected to witness favorable growth during the forecast period, due to significant rise in consumer electronics applications such as smartphones, camera lens covers, LEDs, HB LEDs, and color LEDs in the region, which is projected to reach US$ 470 Mn at a significant CAGR of 5.5% by 2030. The North America sapphire substrate market is likely to expand at the highest CAGR of 5.4% during the forecast period, owing to the presence of a large number of players manufacturing sapphire substrate.

Sapphire Substrate Market: Key Players

Key players operating in the global sapphire substrate market are Aurora Optoelectronics Co., Ltd, Crystal Applied Technology, Inc., Crystalwise Technology, Inc., Hansol Technics, Co., Ltd., ILJIN DISPLAY CO., LTD, KYOCERA Corporation, Meller Optics, Inc., Monocrystal, Inc., Precision Micro-Optics, Inc., Rubicon Technology, Inc., Saint-Gobain Group, Sapphire Technology Co., Ltd., and Semiconductor Wafer, Inc.

Global Sapphire Substrate Market: Segmentation

Sapphire Substrate Market, by Wafer Diameter

• 2 Inches
• 4 Inches
• 6 Inches
• Others

Sapphire Substrate Market, by Application

• LED
  • Micro LED
  • Others
• RFIC Application
• Laser Diode
• Silicon on Sapphire (SoS) IC
• Others

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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 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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Tennis Ball Machines Market to Record Sturdy Growth by 2031

 Tennis Ball Machines Market: Introduction

Transparency Market Research delivers key insights on the global tennis ball machines market. In terms of revenue, the global tennis ball machines market is estimated to expand at a CAGR of ~3% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global tennis ball machines market.

The global tennis ball machines market is broadly affected by several factors, such as increase in the number of young tennis players, and availability of less expensive and portable machines, which are propelling the global market for tennis ball machines.

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Tennis Ball Machines Market: Dynamics

In terms of product type, the tennis ball machines market has been bifurcated into lightweight and heavyweight. Customers seek lightweight and portable tennis ball machines, as these machines can be easily moved between tennis courts, while practicing different angles of strokes.

Based on ball capacity, the tennis ball machines market has been divided into less than 150, 150-250, and above 250. As per market standards, tennis ball machines equipped with ball capacity of 120 to 150 balls were considered the most ideal in various countries.

In terms of speed, the tennis ball machines market has been classified into 20 to 80 MPH, 80 to 110 MPH, and above 110 MPH. Beginners and new players are often provided low-end tennis ball machines to start from scratch. Machines with lower speeds for newcomers offer the right return on investment.

Based on power, the tennis ball machines market has been split into electric and battery. The demand for battery driven tennis ball machines is higher compared to electric operated tennis ball machines. Battery driven tennis ball machines are highly suitable for players practicing on outdoor courts.

Based on end user, the tennis ball machines market has been segmented into sports clubs, schools & colleges, and personal. In terms of distribution channel, the market has been split into online and offline.

Tennis Ball Machines Market: Prominent Regions

In 2020, North America was the prominent tennis ball machines market. The region covered around 38% of the market share in the year 2020, in terms of value. The U.S. is the biggest market for tennis ball machines in the region. The rise in installation of tennis ball machines in sports clubs, schools & colleges, and private tennis coaching academies is likely to surge the sales of tennis ball machines in North America.

Tennis Ball Machines Market: Key Players

Key players operating in the global tennis ball machines market are Dongguan SIBOASI Sports Goods Technology Co., LTD, Deuce Industries Limited (Silent Partner Tennis), Lobster Sports, Inc., Spinshot Sports, Sports Attack, LLC, Sports Tutor Inc., Staber Industries, Inc. (MatchMate Tennis), Metaltek (Playmate), Spinfire Sport, and DK Sportbot etc.

Global Tennis Ball Machines Market: Segmentation

Tennis Ball Machines Market, by Product Type

• Lightweight
• Heavyweight

Tennis Ball Machines Market, by Ball Capacity

• Less than 150
• 150-250
• Above 250

Tennis Ball Machines Market, by Speed

• 20 to 80 MPH
• 80 to 110 MPH
• Above 110 MPH

Tennis Ball Machines Market, by Power

• Electric
• Battery

Tennis Ball Machines Market, by End User

• Sports Clubs
• Schools & Colleges
• Personal

Tennis Ball Machines Market, by Distribution Channel

• Online
• Offline
  • Hypermarkets & Supermarkets
  • Specialty Stores

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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 thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse 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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Vehicle Ignition Coil Market to Record Sturdy Growth by 2030

Vehicle Ignition Coil Market: Introduction

A vehicle ignition coil market is a key component in the ignition system of gasoline engine vehicles. It is designed to transform the battery's low voltage to thousands of volts that are needed to create an electric spark in the spark plugs. This spark is used to ignite the air-fuel mixture in the combustion process of the engine.

Key Drivers of Vehicle Ignition Coil Market

• Demand for modern ignition coils is increasing owing to evolving market conditions that demand fewer emissions, lower fuel consumption, higher ignition voltage, and restricted space in the drive unit and engine compartment. The design demands on modern ignition coils are constantly increasing. The task of spark-ignition engines remains the same; however, the fuel or air mixture must be ignited at the right time with the optimum ignition energy so that complete combustion occurs. Therefore, ignition coils are being precisely adapted to the requirements of modern spark-ignition engines such as turbocharging, downsizing, direct injection, lean mix, high exhaust gas recirculation rates, thereby contributing to reduced fuel consumption and emissions and subsequently, driving the vehicle ignition coil market.

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Restrains in Vehicle Ignition Coil Market

• The COVID-19 pandemic has affected national as well as international automotive supply chains, manufacturing, and R&D operations and consequently, hampered the automotive industry. Post first wave of COVID-19, global economies have started opening up automotive manufacturing and supply chain operations. Thus, COVID impact on the industry seems to reached a state of normalcy; however, a resurgence in COVID-19 cases in countries across Europe has prompted governments to impose a second round of lockdown restrictions and hence, uncertainty in the automotive industry continues. A gradual recovery in the demand for automotive is witnessed in the last few months despite concerns around the risk of a second wave of infection in numerous countries.

Opportunities in Vehicle Ignition Coil Market

• In April 2020, U.S National Highway Traffic Safety Administration and Environmental Protection Agency have amended the Corporate Average Fuel Economy (CAFE) and greenhouse gas emissions standards for passenger cars and light trucks and established new less stringent standards, covering model years 2012 to 2016 in phase 1 and model years 2017 to 2025 in phase 2. Introduction of these standards is likely to boost the adoption of fuel-efficient, emission technologies such as vehicle ignition coil, thus offering significant opportunity for the vehicle ignition coil market.

Asia Pacific to Dominate Vehicle Ignition Coil Market

• Asia Pacific is projected to dominate the global vehicle ignition coil market during the forecast period due to a rise in the production and sale of conventional fuel-based vehicles in the region. In China, gasoline cars dominate the market. EVs are presently a key part of the economic reboot plan enacted by authorities in China; however, gasoline is by far the most popular fuel among consumers. In H1 2019, 92% of passenger car sales featured this fossil type. The other major automotive market in the region, India, is expected to be dominated by fossil-fuel based vehicles, moreover, the Government of India, Ministry of Power, issued average fuel consumption standards for cars on April 23, 2015. The second standard assumes car average weight of 1145 kg in 2022, and requires the average fuel consumption to be less than 4.77 l/100km at this average weight. Therefore, the scope for conventional fuel vehicles and the introduction of vehicle emission norms to curb pollution and to enhance fuel efficiency in vehicle systems is estimated to propel the vehicle ignition coil market in the region.

Key Players Operating in Vehicle Ignition Coil Market

The global vehicle ignition coil market is moderately fragmented with many players. A few of the key players operating in the global vehicle ignition coil market are:

• Valeo
• Robert Bosch GmbH
• Hella
• BorgeWarner
• Mitsubishi Electric Corporation
• NGK Spark Plug
• Diamond Electric Mfg. Corp
• Federal-Mogul
• Denso Corporation
• Hitachi Automotive Systems Ltd

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Global Vehicle Ignition Coil Market: Research Scope

Global Vehicle Ignition Coil Market, by Type

• Canister-type ignition coils
• Electronic distributor ignition coils
• Double spark ignition coils
• Ignition coil rails
• Plug top- / pencil- / Smart- coils
• Others

Global Vehicle Ignition Coil Market, by Vehicle Type

• Two-Wheelers
• Passenger Cars
• Trucks
• Buses and Coaches
• Light-Duty Commercial Trucks

Global Vehicle Ignition Coil 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

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Cloud Load Balancers Market Is Expected To Grow Tremendously By 2030

 

Global Cloud Load Balancers Market: Introduction

Cloud load balancers help to split workloads and compute properties in a cloud computing environment. Within an enterprise, cloud load balancers manage workload demands or application demands by distributing resources among numerous computers, networks, or servers. Cloud load balancing is a fully distributed, software-defined managed service. Some of the major features of cloud load balancers include automatic intelligent auto scaling of backend, single IP address frontend.

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Global Cloud Load Balancers Market – Dynamics

Rising Growth of Internet Traffic Driving Growth of the Cloud Load Balancers Market

The volume of data and traffic on the internet has increased exponentially over the last five years with the rising adoption of internet and internet connected devices such as smartphones, tablets, smartwatches, and personal computers. Internet traffic is estimated to grow 100% annually of the present traffic. With the rising internet traffic, the workload on servers is growing rapidly specifically on cloud as cloud-based adoption is growing rapidly. Demand for cloud load balancers is growing rapidly across the globe to manage and distribute the process.

Lack of Compatible Network Infrastructure Hampering Cloud-enabled Technologies

Cloud-enabling technologies depend considerably on the internet and communication services for their functionality. Consequently, they require a high speed internet connection such as LAN and WAN to manage the services. Several countries across the globe face network as well as internet connection issues due to improper communication infrastructure within their respective countries. Weak network & communication infrastructure, especially in developing regions such as Asia Pacific, is likely to hamper the market.

North America to Dominate the Global Cloud Load Balancers Market

In terms of region, the global cloud load balancers market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the cloud load balancer market during the forecast period due to strong adoption of advance technologies by small & medium enterprises in the region.

COVID-19 Impact on the Global Cloud Load Balancers Market

The COVID-19 pandemic is expected to moderately impact the global cloud load balancers market. Adoption of cloud enabled technology due to remote working, has helped the cloud load balancer market to sustain the economic crash during COVID-19. Although investment with regards to R&D and innovation has been impacted, it is estimated that by the second half of 2021 the cloud load balancer will show healthy growth.

Global Cloud Load Balancers Market – Competition Landscape

• In November 2020, Amazon Web Services announced the Gateway Load Balancer which will scale and manage third-party virtual appliances such as firewalls, intrusion detection, prevention systems, and deep packet inspection systems in the cloud. It works with the VPC Ingress Routing to the Elastic Network Interface of an EC2 instance.

Global Cloud Load Balancers Market: Segmentation

The global cloud load balancers market can be segmented based on:

• Component
• Enterprise Size
• Industry
• Region

Global Cloud Load Balancers Market, by Component

Based on component, the global cloud load balancers market can be divided into:

• Software
• Services
  • Professional
  • Managed

Global Cloud Load Balancers Market, by Enterprise Size

In terms of enterprise size, the global cloud load balancers market can be segregated into:

• Small & Medium Enterprise
• Large Enterprise

Global Cloud Load Balancers Market, by Industry

In terms of application, the global cloud load balancers market can be segregated into:

• IT & Telecom
• BFSI
• Logistics & Transportation
• Hospitality
• Healthcare
• Others

Alternative Keywords:

• Internet Traffic Management
• Software-based load balancers
• Cloud-based servers

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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

About Us

TMR has a track record to provide ace market research solutions that has earned us the trust of our clients for their business intelligence needs. Serving 13 industry verticals with a database of over 1,000 reports and 1 million + data points, our expanse to provide market research solutions is exceptional. We deep dive for a thorough understanding of the subject, gather precise information, and then analyze it to present solutions that are par excellence.

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Unmanned Carwash Market Set To Surge Significantly During 2031

 

Unmanned Carwash: Introduction

• Unmanned carwash is a car washing activity done by AI / robotics, thus eliminating human intervention. This type of carwash is highly efficient when it comes to saving water as it uses the exact quantity of water required for washing and also has the provision to reclaim the water. The unmanned carwash market is expected to grow during the forecast period due to strict rules & regulations such as ban on car washing on streets of California, Germany, and other parts of the world along with a fine imposed on dirty cars in some parts of Russia. These laws which are implemented by various governments around the world is expected to help drive the unmanned carwash market during the forecast period.

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Key Drivers and Opportunities of the Global Unmanned Carwash Market

• The increase in number of car owners creates a favorable business opportunity for the unmanned carwash market. Quality and consistency are two major factors a car wash owner needs to target in order to increase the consumer base. This can be easily achieved by unmanned car wash systems. On the other hand, consumers lack time, which leads to demand for fast car wash that is catered by unmanned systems. Hence, the unmanned carwash market is expected to expand during the forecast period.
• The trend of self driving cars coupled with owners of traditional cars who want to get their cars washed is likely to lead to growth of the unmanned car wash market during the forecast period. Manufacturers of unmanned carwash systems are coming up with advanced technology to cater to the needs of varied consumers. However, price hikes and water regulations are some of the problems the industry faces.
•  The booming automotive sector is expected to propel the growth of the unmanned car wash market during the forecast period. Rising preference of people to get their car washed in lesser time coupled with low cost and convenience are some of the factors that are anticipated to boost the unmanned car wash market during the forecast period.

North America to Hold Major Share of the Global Unmanned Carwash Market

• In terms of geography, the global unmanned carwash market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
• North America is expected to hold majority of share in the global unmanned carwash market mainly due to strict government rules & regulations, awareness regarding water wastage, efficient car wash facilities, rise in disposable income, and also due to various offers provided by car wash owners to attract consumers. All these factors will drive the unmanned carwash market in North America. North America is likely to be followed by Europe and Asia Pacific, with the latter being the fastest growing region in the global unmanned carwash market. Asia Pacific consists of many developing nations, which is projected to fuel the market growth during the forecast period.  

Key Players Operating in the Global Unmanned Carwash Market

Major players operating in the global unmanned carwash market include:

• Autoequip Lavaggi S.R.L.
• Coleman Hanna Carwash Systems
• D&S Car Wash Equipment Co.
• Daifuku Co., Ltd.
• MKSEIKO CO., LTD.
• Otto Christ AG.
• PECO Car Wash Systems
• Ryko Solutions
• Washworld, Inc.
• WashTec AG

Global Unmanned Carwash Market: Research Scope

Global Unmanned Carwash Market, by Type

• In-bay Car Wash
• Tunnel Wash

Global Unmanned Carwash Market, by Application

• Automobile Companies / Factories
• Car Service Stations / Garages
• Gas Stations
• Washing Centers
• Others (Supermarket / Hypermarket, etc.)

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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

About Us

TMR has a track record to provide ace market research solutions that has earned us the trust of our clients for their business intelligence needs. Serving 13 industry verticals with a database of over 1,000 reports and 1 million + data points, our expanse to provide market research solutions is exceptional. We deep dive for a thorough understanding of the subject, gather precise information, and then analyze it to present solutions that are par excellence.

Contact:

90 State Street, Suite 700
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Tel: +1-518-618-1030
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