Thursday, 30 April 2020

Hand Dryer Market Outlook, Recent Trends and Growth Forecast 2020-2026

The global hand dryer market is anticipated to reach around $1,930 million by 2026 according to a new research published by Polaris Market Research. In 2017, the jet air hand dryer segment dominated the global market, in terms of revenue. Europe was the leading contributor to the global market revenue in 2017.

Growing concerns regarding environment, increasing need to reduce energy consumption, and growing need for energy efficient equipment support the growth of hand dryer market during the forecast period. There has been an increasing demand of hand dryers from hotels and restaurants, airports, shopping malls, railway stations, and commercial buildings among others has increased adoption of hand dryers in the recent past. Additionally, energy efficient buildings and need to reduce operation costs would boost growth during the forecast period. Other factors supporting market growth include growing need to reduce wastage of water and paper, increasing awareness, and technological advancements. Furthermore, increasing investments by vendors in technological advancements coupled with research and development further boost the hand dryer market growth.


The demand for advanced and energy efficient hand dryers has increased over the years owing to increasing energy concerns, and environment consciousness across the globe. The increasing awareness among consumers regarding use of energy efficient and smart technology further boosts the adoption of hand dryers. The rising awareness regarding use of eco-friendly solutions, development of smart infrastructure, and increasing adoption of energy efficient buildings are factors expected to promote the hand dryer market growth during the forecast period.
  
Europe generated the highest revenue in the hand dryer market in 2017. The increasing awareness among consumers regarding use of energy efficient equipment, and growing development of energy efficient buildings drive the market growth in the region. Consumers are adopting hand dryers to increase energy efficiency, and reduce operation costs. Numerous key players have adopted partnership and expansion strategies to increase their market share in the markets of the European region.


The major players in the hand dryer market includes Dyson Ltd., Mitsubishi Electric Corporation, Jaquar & Company Pvt Ltd, American Dryer, Inc., Panasonic Corporation, Excel Dryer, Inc., Bradley Corporation, Saniflow Corporation, World Dryer Corporation, and Bobrick Washroom Equipment, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Smart Glass Market 2020 Size, Status, Share and Technology Forecast to 2026

The Smart Glass market is anticipated to reach around USD 8,223 million by 2026 according to a new study published by Polaris Market Research. In 2017, the automotive segment dominated the global smart glass market, in terms of revenue. North America is expected to be the leading contributor to the market revenue during the forecast period.

Several stringent energy consumption regulations passed by governments worldwide have boosted the adoption of smart glass. Growing concerns regarding environment, increasing need to reduce energy consumption, and growing demand from the automotive sector further support the growth of this market. Additionally, the increasing adoption of energy efficient buildings and reducing operation costs would boost market growth during the forecast period. Other factors supporting market growth include supportive government regulations, increasing awareness, and technological advancements. Increasing investments by vendors in technological advancements coupled with research and development further boost the market growth.


The well-known companies profiled in the smart glass market report include Asahi Glass Co., DuPont, Gentex Corporation, SPD Control Systems, View, Inc., Corning Incorporated, Hitachi Chemical Co., Ltd., RavenBrick LLC, Switch Materials Inc., Scienstry, Inc., ChromoGenics AB, and Innovative Glass Corporation. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

The smart glass market is majorly driven by factors including increasing energy concerns, and environment consciousness across the globe. The decreasing cost of electrochromic materials has encouraged consumers to switch to smart glass. Limited awareness among consumers had restricted the adoption of smart glass in the past. However, with significant government initiatives and substantial investments, the development of smart glass market has accelerated significantly.
  
North America generated the highest revenue in the smart glass market in 2017. The increasing awareness among consumers, and rising awareness regarding energy efficient buildings drive the market growth in the region. Consumers are adopting smart glass owing to stringent government regulations regarding energy consumption, and the need to reduce operation costs. Numerous key players have adopted partnership and expansion strategies to increase their share in the North America smart glass market.


The different end-users of smart glass include automotive, architecture, consumer goods, and others. In 2017, the automotive segment accounted for the highest smart market share. The use of smart glass in windows, doors, and windshields in automotive reduces the heat accumulation in vehicles. The consumer electronics segment is expected to grow at the highest CAGR.

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Mobile Virtual Network Operator Market Share, Development Trend, Demand in Industry Growth Drivers and Challenges 2020-2026

The Mobile Virtual Network Operator market is anticipated to reach over USD 123 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the consumer segment dominated the global market, in terms of revenue. Europe was the leading contributor to the global market revenue in 2017.

The growing demand for mobile broadband services, and improved service capabilities have boosted the adoption of MVNO. The rising penetration of mobile devices, and increasing trend of BYOD further support the growth of this market. The rising adoption of virtualization, cloud, and big data analytics has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing mobile subscriber base would accelerate the growth of the MVNO market during the forecast period. However, low profit margins, and lack of awareness hinder the market growth. Growing demand from emerging economies, ad technological advancements are expected to provide numerous growth opportunities in the coming years.


The global Mobile Virtual Network Operator market is segmented on the basis of operating model, subscriber, types, and region.
On the basis of operating model, the Mobile Virtual Network Operator market is segmented into Reseller MVNO, Service Operator MVNO, and Full MVNO. In 2017, full MVNO accounted for the highest share in the global MVNO market. Full MVNO offers complete control over all the services and products offered in the market, along with flexibility in designing and deploying new services.

The subscriber segment is bifurcated into business and consumer. The consumer segment dominated the global Mobile Virtual Network Operator market in 2017. The growing penetration of mobile devices and increasing demand for high speed mobile broadband boosts the adoption of MVNO in this segment.

The type segment is divided into media and entertainment, business, retail, discount, telecom, cellular M2M, roaming, and others.
Europe generated the highest revenue in the Mobile Virtual Network Operator market in 2017, and is expected to lead the global market throughout the forecast period. The increase in demand for mobile broadband services, and increasing demand for value added services drive the Mobile Virtual Network Operator market growth. The growing trend of BYOD, IoT, big data analytics, and virtualization further increase the demand for mobile virtual network operator. The growing penetration of mobile devices, and technological advancements further support market growth in the region. The companies in the region offer differentiated value proposition at low prices to expand its customer base and geographical reach. The Asia-Pacific Mobile Virtual Network Operator market is expected to grow at the highest CAGR during the forecast period owing to growing demand from the developing countries of the region.


The well-known companies profiled in the Mobile Virtual Network Operator market report include Virgin Mobile, Verizon Wireless Inc., Telefónica, S.A., AT&T Inc., T-Mobile International AG, FreedomPop, Boost Mobile LLC, TracFone Wireless, Inc., Drillisch Telecom, and KDDI Mobile. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Mobile Virtual Network Operator Market Share, Development Trend, Demand in Industry Growth Drivers and Challenges 2020-2026

The Mobile Virtual Network Operator market is anticipated to reach over USD 123 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the consumer segment dominated the global market, in terms of revenue. Europe was the leading contributor to the global market revenue in 2017.

The growing demand for mobile broadband services, and improved service capabilities have boosted the adoption of MVNO. The rising penetration of mobile devices, and increasing trend of BYOD further support the growth of this market. The rising adoption of virtualization, cloud, and big data analytics has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing mobile subscriber base would accelerate the growth of the MVNO market during the forecast period. However, low profit margins, and lack of awareness hinder the market growth. Growing demand from emerging economies, ad technological advancements are expected to provide numerous growth opportunities in the coming years.


The global Mobile Virtual Network Operator market is segmented on the basis of operating model, subscriber, types, and region.
On the basis of operating model, the Mobile Virtual Network Operator market is segmented into Reseller MVNO, Service Operator MVNO, and Full MVNO. In 2017, full MVNO accounted for the highest share in the global MVNO market. Full MVNO offers complete control over all the services and products offered in the market, along with flexibility in designing and deploying new services.

The subscriber segment is bifurcated into business and consumer. The consumer segment dominated the global Mobile Virtual Network Operator market in 2017. The growing penetration of mobile devices and increasing demand for high speed mobile broadband boosts the adoption of MVNO in this segment.

The type segment is divided into media and entertainment, business, retail, discount, telecom, cellular M2M, roaming, and others.
Europe generated the highest revenue in the Mobile Virtual Network Operator market in 2017, and is expected to lead the global market throughout the forecast period. The increase in demand for mobile broadband services, and increasing demand for value added services drive the Mobile Virtual Network Operator market growth. The growing trend of BYOD, IoT, big data analytics, and virtualization further increase the demand for mobile virtual network operator. The growing penetration of mobile devices, and technological advancements further support market growth in the region. The companies in the region offer differentiated value proposition at low prices to expand its customer base and geographical reach. The Asia-Pacific Mobile Virtual Network Operator market is expected to grow at the highest CAGR during the forecast period owing to growing demand from the developing countries of the region.


The well-known companies profiled in the Mobile Virtual Network Operator market report include Virgin Mobile, Verizon Wireless Inc., Telefónica, S.A., AT&T Inc., T-Mobile International AG, FreedomPop, Boost Mobile LLC, TracFone Wireless, Inc., Drillisch Telecom, and KDDI Mobile. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Mobile Virtual Network Operator Market Share, Development Trend, Demand in Industry Growth Drivers and Challenges 2020-2026

The Mobile Virtual Network Operator market is anticipated to reach over USD 123 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the consumer segment dominated the global market, in terms of revenue. Europe was the leading contributor to the global market revenue in 2017.

The growing demand for mobile broadband services, and improved service capabilities have boosted the adoption of MVNO. The rising penetration of mobile devices, and increasing trend of BYOD further support the growth of this market. The rising adoption of virtualization, cloud, and big data analytics has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing mobile subscriber base would accelerate the growth of the MVNO market during the forecast period. However, low profit margins, and lack of awareness hinder the market growth. Growing demand from emerging economies, ad technological advancements are expected to provide numerous growth opportunities in the coming years.


The global Mobile Virtual Network Operator market is segmented on the basis of operating model, subscriber, types, and region.
On the basis of operating model, the Mobile Virtual Network Operator market is segmented into Reseller MVNO, Service Operator MVNO, and Full MVNO. In 2017, full MVNO accounted for the highest share in the global MVNO market. Full MVNO offers complete control over all the services and products offered in the market, along with flexibility in designing and deploying new services.

The subscriber segment is bifurcated into business and consumer. The consumer segment dominated the global Mobile Virtual Network Operator market in 2017. The growing penetration of mobile devices and increasing demand for high speed mobile broadband boosts the adoption of MVNO in this segment.

The type segment is divided into media and entertainment, business, retail, discount, telecom, cellular M2M, roaming, and others.
Europe generated the highest revenue in the Mobile Virtual Network Operator market in 2017, and is expected to lead the global market throughout the forecast period. The increase in demand for mobile broadband services, and increasing demand for value added services drive the Mobile Virtual Network Operator market growth. The growing trend of BYOD, IoT, big data analytics, and virtualization further increase the demand for mobile virtual network operator. The growing penetration of mobile devices, and technological advancements further support market growth in the region. The companies in the region offer differentiated value proposition at low prices to expand its customer base and geographical reach. The Asia-Pacific Mobile Virtual Network Operator market is expected to grow at the highest CAGR during the forecast period owing to growing demand from the developing countries of the region.


The well-known companies profiled in the Mobile Virtual Network Operator market report include Virgin Mobile, Verizon Wireless Inc., Telefónica, S.A., AT&T Inc., T-Mobile International AG, FreedomPop, Boost Mobile LLC, TracFone Wireless, Inc., Drillisch Telecom, and KDDI Mobile. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Mobile Virtual Network Operator Market Share, Development Trend, Demand in Industry Growth Drivers and Challenges 2020-2026

The Mobile Virtual Network Operator market is anticipated to reach over USD 123 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the consumer segment dominated the global market, in terms of revenue. Europe was the leading contributor to the global market revenue in 2017.

The growing demand for mobile broadband services, and improved service capabilities have boosted the adoption of MVNO. The rising penetration of mobile devices, and increasing trend of BYOD further support the growth of this market. The rising adoption of virtualization, cloud, and big data analytics has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing mobile subscriber base would accelerate the growth of the MVNO market during the forecast period. However, low profit margins, and lack of awareness hinder the market growth. Growing demand from emerging economies, ad technological advancements are expected to provide numerous growth opportunities in the coming years.


The global Mobile Virtual Network Operator market is segmented on the basis of operating model, subscriber, types, and region.
On the basis of operating model, the Mobile Virtual Network Operator market is segmented into Reseller MVNO, Service Operator MVNO, and Full MVNO. In 2017, full MVNO accounted for the highest share in the global MVNO market. Full MVNO offers complete control over all the services and products offered in the market, along with flexibility in designing and deploying new services.

The subscriber segment is bifurcated into business and consumer. The consumer segment dominated the global Mobile Virtual Network Operator market in 2017. The growing penetration of mobile devices and increasing demand for high speed mobile broadband boosts the adoption of MVNO in this segment.

The type segment is divided into media and entertainment, business, retail, discount, telecom, cellular M2M, roaming, and others.
Europe generated the highest revenue in the Mobile Virtual Network Operator market in 2017, and is expected to lead the global market throughout the forecast period. The increase in demand for mobile broadband services, and increasing demand for value added services drive the Mobile Virtual Network Operator market growth. The growing trend of BYOD, IoT, big data analytics, and virtualization further increase the demand for mobile virtual network operator. The growing penetration of mobile devices, and technological advancements further support market growth in the region. The companies in the region offer differentiated value proposition at low prices to expand its customer base and geographical reach. The Asia-Pacific Mobile Virtual Network Operator market is expected to grow at the highest CAGR during the forecast period owing to growing demand from the developing countries of the region.


The well-known companies profiled in the Mobile Virtual Network Operator market report include Virgin Mobile, Verizon Wireless Inc., Telefónica, S.A., AT&T Inc., T-Mobile International AG, FreedomPop, Boost Mobile LLC, TracFone Wireless, Inc., Drillisch Telecom, and KDDI Mobile. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Mobile Virtual Network Operator Market Share, Development Trend, Demand in Industry Growth Drivers and Challenges 2020-2026

The Mobile Virtual Network Operator market is anticipated to reach over USD 123 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the consumer segment dominated the global market, in terms of revenue. Europe was the leading contributor to the global market revenue in 2017.

The growing demand for mobile broadband services, and improved service capabilities have boosted the adoption of MVNO. The rising penetration of mobile devices, and increasing trend of BYOD further support the growth of this market. The rising adoption of virtualization, cloud, and big data analytics has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing mobile subscriber base would accelerate the growth of the MVNO market during the forecast period. However, low profit margins, and lack of awareness hinder the market growth. Growing demand from emerging economies, ad technological advancements are expected to provide numerous growth opportunities in the coming years.


The global Mobile Virtual Network Operator market is segmented on the basis of operating model, subscriber, types, and region.
On the basis of operating model, the Mobile Virtual Network Operator market is segmented into Reseller MVNO, Service Operator MVNO, and Full MVNO. In 2017, full MVNO accounted for the highest share in the global MVNO market. Full MVNO offers complete control over all the services and products offered in the market, along with flexibility in designing and deploying new services.

The subscriber segment is bifurcated into business and consumer. The consumer segment dominated the global Mobile Virtual Network Operator market in 2017. The growing penetration of mobile devices and increasing demand for high speed mobile broadband boosts the adoption of MVNO in this segment.

The type segment is divided into media and entertainment, business, retail, discount, telecom, cellular M2M, roaming, and others.
Europe generated the highest revenue in the Mobile Virtual Network Operator market in 2017, and is expected to lead the global market throughout the forecast period. The increase in demand for mobile broadband services, and increasing demand for value added services drive the Mobile Virtual Network Operator market growth. The growing trend of BYOD, IoT, big data analytics, and virtualization further increase the demand for mobile virtual network operator. The growing penetration of mobile devices, and technological advancements further support market growth in the region. The companies in the region offer differentiated value proposition at low prices to expand its customer base and geographical reach. The Asia-Pacific Mobile Virtual Network Operator market is expected to grow at the highest CAGR during the forecast period owing to growing demand from the developing countries of the region.


The well-known companies profiled in the Mobile Virtual Network Operator market report include Virgin Mobile, Verizon Wireless Inc., Telefónica, S.A., AT&T Inc., T-Mobile International AG, FreedomPop, Boost Mobile LLC, TracFone Wireless, Inc., Drillisch Telecom, and KDDI Mobile. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Automotive Brake Systems Market Estimated COVID-19 outbreak impact in the upcoming year 2020-2026


The worldwide Automotive Brake Systems Market is anticipated to reach around $35.4 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the passenger cars dominated the global automotive brake market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global automotive brake systems market.

The significant increase in the demand for passenger cars, supported by the growth in the global automotive industry are factors boosting the adoption of automotive brake systems. The increasing need to improve road safety coupled with introduction of stringent safety regulations has encouraged market players to develop advanced brake systems. Factors such as growing disposable income, and changing lifestyles have increased the demand for passenger vehicles, thereby supporting the growth of automotive brake systems. However, high costs of advanced electronic brake systems, and counterfeit products available in the market would restrict the market growth. New emerging markets, emerging consumer demographics, and increasing adoption of brake-by-wire systems and regenerative brakes would provide growth opportunities for automotive brake systems market in the coming years.


In 2017, Asia-Pacific accounted for the highest share in the global automotive brake systems market. Established automotive industry, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. The introduction of stringent government regulations regarding vehicular safety, and modernization of vehicles accelerate the adoption of automotive brake systems in the region. The economic growth in countries such as China, Japan, and India, rising living standards, and growing disposable income further increases the demand of automobiles in the region. Expansion of global players into these countries to tap market potential boosts the market growth. Increasing demand for luxury vehicles, electric vehicles, and development of autonomous vehicles would provide growth opportunities during the forecast period.

The operating the automotive brake systems market include ZF Friedrichshafen AG, Wabco Holdings Inc, Continental AG, Delphi Automotive PLC, Robert Bosch GmbH, Hitachi Automotive Systems, Ltd., Aisin Seiki Co., Ltd., Knorr-Bremse AG, Akebono Brake Industry Co., Ltd., and Autoliv, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.


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Substation Automation Market Share, Types, Products, Trends, Growth, Applications and Forecast 2020 to 2026

The Substation Automation Market is anticipated to reach around USD 207.8 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the Intelligent Electronic Devices segment dominated the substation automation global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

The growing adoption of smart cities, along with high demand of smart grids has boosted the adoption of substation automation. The rising demand for electricity, and growing demand for efficient and low-cost solutions in the solar energy sector further support the growth of substation automation market. Increasing investments by vendors in technological advancements, growing need to update existing networks, and increasing demand for retrofitting conventional substations would accelerate the adoption of substation automation during the forecast period. Growing demand from emerging economies, increasing adoption smart grid applications, and technological advancements are expected to provide numerous growth opportunities in the coming years.


Get More Insights About The Substation Automation Market Or Request For Sample Of This Report- https://www.polarismarketresearch.com/industry-analysis/substation-automation-market/request-for-sample

North America generated the highest revenue in the market in 2017, and is expected to lead the global substation automation market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of smart cities drive substation automation market growth in the region. The growing demand from energy sector, and technological advancements further support market growth in the region. The use of smart technologies in energy and utilities, industrial automation, and intelligent buildings is expected to support substation automation market growth in this region during the forecast period.

The companies operating in substation automation market include Schneider Electric SE, Cisco Systems, ABB Ltd., Siemens AG, Eaton Corporation Plc., General Electric, Honeywell International, Inc., Larsen & Toubro Limited, Crompton Greaves, and Schweitzer Engineering Laboratories, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.


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Antimicrobial Coatings Market Estimated COVID-19 outbreak impact in the upcoming year 2020-2026

The global antimicrobial coatings market size is expected to reach USD 7.48 billion by 2026, growing at a CAGR of 12.4% during the forecast periods according to a new study published by Polaris Market Research. The Report ‘Antimicrobial Coatings Market Size, Share, Trends & Industry Analysis Report By Raw Material (Inorganic, Organic, and Others); By Product Type (Escherichia Coli, Pseudomonas, Listeria, and Others), By End-use (HVAC, Food industry, Construction, Mold Remediation, Medical and Others), By Regions, Segments & Forecast, 2019 – 2026’ provides a thorough and detailed analysis with an overview of present trends and future insights.

Antimicrobial coatings are paint preparations mixed with a little quantity of biocides to improve resistance towards bacteria, fungi and other pathogens. The coatings are applied on numerous substrates in different end-use applications such as textiles, medical, food processing and packaging, HVAC, automotive and other consumer durables. Many number of biocides used in the formulation include copper, organo-silane, Nano sliver and few other quaternary products.


AMC coatings greatly reduce incidence of nosocomial infections. Hence medical industry in company with number of hospitals mushrooming is a significant driver to growth of antimicrobial coating industry. Medical is the biggest end-use application of antimicrobial coatings. AMC‘s are used regularly in medical/healthcare settings for applications such as catheters, medical devices, medical electronics, trays and others. The demand for antimicrobial coatings is increasing because of healthy demand from North America and Europe where concerns regarding antimicrobial coatings in medical/healthcare industries are voiced strong.

AMC finds multiple uses in HVAC and food packaging and processing applications thus driving growth in AMC coatings. In HVAC, AMC coatings are rubbed onto vents and other mechanical surfaces. Food industry and applications use these AMC coatings to increase shelf life of products, equivalent to length of product life in stores. With rising demand for ready-to-eat food products, increasing disposable income and consumers living life in the fast lane, the market has found many takers for AMC’s.

Antimicrobials coating market is subject to rigorous quality checks including full testing for potential lethalness and harmful environmental effects as per Central for disease control (CDC) guidelines. Furthermore, the manufacturers of antimicrobial coatings have to develop a clinical standard for testing methods and be in line with sales pitch for Environmental Protection Agency (EPA) FIFRA.


Technology has also had a hand in vital growth of these products. Materials such as Nano- silver have witnessed serious progress and deep R&D activities are also fulfilling growth of Nano-silver. Anti-Microbial Coatings Innovations (AMiCI) consortium is studying the numerous real-life settings for use of AMC coatings with laws and development governing its use.

North America leads regional growth in Global AMC industry. Western Europe and Asia Pacific follow suit. US spending on health sector being quite high contribute to high growth factors for regional market. Japan has a rising geriatric population which leads to increased spending in medical industry thus contributing to high growth for Asia Pacific region.

The global market constitutes a sizeable number of multinationals and regional players. The key market players include Akzo Novel NV, BASF SAE, Dow DuPont, AK Coatings, Inc., BioInteractions Ltd., PPG Industries Inc., Lonza Group Ltd., and Covalon Technologies Ltd.


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LiDAR Market Share, Development Trend, Demand in Industry Growth Drivers and Challenges 2020-2026

The global LiDAR market size is expected to reach USD 2,154.2 million by 2026 according to a new study published by Polaris Market Research. The report “LiDAR Market Size, Share & Trends Analysis Report By Component; By Installation; By Range (Short Range LiDAR, Medium Range LiDAR, Long Range LiDAR); By Application (Urban Planning, ADAS & Driverless Cars, Corridor Mapping, Environment, Engineering, Exploration, Others); By Region, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

In 2018, the corridor mapping segment dominated the global market in terms of revenue. Regionwise, North America is expected to be the leading contributor to market growth globally. LiDAR, which represents Light Detection and Ranging, is a remote detecting strategy that utilizes light as a pulse beat of laser to quantify ranges to the Earth. These light pulses joined with other information recorded by the airborne framework—create exact, three-dimensional data about the state of the Earth and its surface attributes.


A LiDAR instrument mainly comprises a laser, a scanner, and a particular GPS collector. Planes and helicopters are the most generally utilized stages for getting LIDAR information over wide territories. The developing requirement for 3D imaging from different parts and expanding selection of aerial LiDAR frameworks has supported the appropriation of LiDAR arrangements. Expanding government interests in defense, agriculture, and city arranging supports the selection of LiDAR. Furthermore, the expanding interests of LiDAR from mining and transportation ventures have upheld market development throughout the years. Expanding fund raising by sellers in technological pursuits combined with expanding improvement of self-sufficient vehicles and merging of cutting-edge safety systems in vehicles would hasten development of the LiDAR market. Developing interest from rising economies and technological headways are relied upon to give various development openings in the coming years.

North America created significant income in the market in 2018 and is relied upon to lead the worldwide market all through the forecast period. The development of modern mechanization and technological headways in metrological applications has quickened the selection rate of LiDAR innovation in North American area. In airborne applications, LiDAR innovation has displayed remarkable favorable circumstances over Radar technology, for example, improved precision, ongoing mapping capacity and better perception, accordingly, driving the LiDAR market in every one of the nations in North American area. Asia-Pacific is relied upon to develop at the most elevated CAGR during the forecast period attributable to developing interest from rising nations, for example, China, Japan, and India.

Click to view the full report TOC, figure and tables: https://www.polarismarketresearch.com/industry-analysis/lidar-market/toc

The rising interest for 3D images in different application regions, for example, military and defense, land studies, structural designing, and corridor mapping, is relied upon to fundamentally drive the market over the forecast period. Finished 3D imagery is connected in different applications, for example, 3D mapping, city planning and photo-realistic flights. The establishment base of cutting-edge safety highlights is expanding exponentially. Accident data recorder systems, liquor start interlocks, and emergency call systems are just a section n of the instances of advancements where a future interest is relied upon to stimulate the overall market.

The key players in the market include Trimble Navigation limited, Faro Technologies, Inc., Quantum Spatial Inc., Velodyne LiDAR Inc., Sick Ag, Teledyne Optech, Riegl Laser Measurement Systems, Leica Geosystems Inc., GeoDigital and Beijing Surestar Technology.

For More Information On This Report, Please Visit @ https://www.polarismarketresearch.com/industry-analysis/lidar-market/toc

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.

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