Friday, 27 August 2021

Electric Powertrain Market Size, Outlook, Key Prospects And Future Growth

 Electric Powertrain | 2021 Scope Of Current And Future Industry 


The global electric powertrain market size is anticipated to reach USD 604.74 billion by 2026 according to a new study published by Polaris Market Research. The report “Electric Powertrain Market Size, Share, & Trend Analysis Report By Product Type (Battery Electric Vehicle (BEV) Powertrain, Mild Hybrid Powertrain, Series Hybrid Powertrain, Parallel Hybrid Powertrain, Series-Parallel Hybrid Powertrain); By Vehicle Type (Light Vehicles, Cars, Light Trucks); By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Electric Powertrains are the recent trends in the automotive industry. The rising trend of adopting a low carbon environment in a singular approach to prevent global warming has heralded the era of electric vehicles (EV’s). Making the most of various energy forms available has led to the development of EV’s. Regulations in regard to Carbon dioxide emissions has been hauled up and redone in the U.S., China, and Japan and European constitutions. As a result, technology has been ramped up. Furthermore, consumers are already burdened by the inflating prices of oil which is reason enough to graduate towards

 

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An EV derives power from alternative source of energy such as battery in stark contrast to internal combustion vehicles that is driven by fossil fuels such as petrol or diesel. The EV powertrain includes the battery, electric motor and transmission which help generate power to drive the vehicle. The powertrains in any vehicle are considered to be the pivotal component of that vehicle and is identified by its engine and transmission. The power, comfort and safety define the performance quotient of the vehicle.

 

Currently gasoline vehicles score over diesel ones but are fast losing out because of high priced gasoline which is becoming dearer as compared to diesel oil. This is leading to manufacturers going in for hybrid powertrains to reduce reliance on fuel consumption.

 

EV’s are the future of the automotive industry as fossil fuels are slated to go extinct in the next few decades. Battery electric vehicles (BEV) powertrains are the most extensively used types in the present organizational make-up. A BEV is powered entirely by electric energy. Powertrains in plug-in hybrid electric vehicle (PHEV) take help in charging from wall-mounted power supply. The series hybrid powertrains are the least used in present industry scenario and in this type; it is designed with a single path for powering the wheels. This type of powertrain operates in many modes including engine only traction, electric only traction, hybrid traction, engine traction and battery charging.

 

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The Parallel hybrid powertrains occupy two parallel paths for powering the vehicle which is the electric path and the engine path. PHEV operates in five modes and has been gaining significant traction over the years.

 

The powertrains are an energy-efficient alternative in harmony with the environment. However, they do have limitations. Two most significant ones include lead emissions from the battery and energy storage issues. 

        

The U.S, Japan, China and South Korea account for major production and these countries constitute the new-age countries having promised multi-billion-dollar investments to develop new models. The market is mildly competitive and consolidated on account of various players in the electric powertrain market.

 

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The key players in electric powertrain market include AVL LIST GmbH, ARC CORE, ALTe Technologies, IET S.p.A, ATS Automation Tooling Systems, Inc., EptDyn, TM4, Jayem Automotives, BMW Motorrad International and AllCell Technologies LLC.

Thursday, 26 August 2021

Service Robotics Market Size, Recent Advancement & Scope Top Trends

The global service robotics market size is anticipated to reach USD 54.4 billion by 2026 growing at a CAGR of 17.3% from 2018 to 2026 according to a new report published by Polaris Market Research.  The report ‘Service Robotics Market Share, Size, Trends, & Industry Analysis Report, By Type (Professional Service Robotics, Personal Service Robotics); By Component (Hardware, Software, Services); By Environment; By End-User; By Region: Segment Forecast, 2018 -2026’ provides insights on the current market scenario and the future prospects. In 2017, the hardware segment dominated the global service robotics industry, in terms of revenue. Europe was to be the leading contributor to the global market revenue in 2017.

 

There has been an increase in the demand of service robotics solutions across the world owing to greater need for automation of services. With the increasing use of collaborative robots in service applications, the overall demand for robotics has increased drastically over the years. The rising applications of drones, unmanned ground vehicles, unmanned surface vehicles, autonomous underwater vehicles, unmanned aerial vehicles in the military sector, use of delivery robots, personal assistance robots, inventory management bots in the healthcare & logistics sector coupled with reduction of hardware costs for the manufacturing of service robots are some stimulating factors for the global service robotics industry.

 

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Technological advancements in vision software and assistive robots for patient care have further led to the development of innovative products to cater to the customized requirements and diversified applications of service robots in the healthcare industry. Growth of wireless technologies, smartphone adoption, rising trend of cloud computing, strong and stable economic growth in the growing economies, and untargeted potential markets provide lucrative opportunities for the market players in the market.

 

The advent of new technologies has led to the development of efficient and advanced medical robots for providing customized solutions. Consumer robots compatible with iPad/PC are developed for autistic children, which enable therapists and parents to guide them through their activities. Surgeons are able to perform operations from remote locations, allowing them to provide diagnosis through an interactive moving robot with the adoption of latest telesurgery and telepresence technologies. The da Vinci Surgical System, a surgical robot developed by Intuitive Surgical, Inc., holds a major share in the robotic surgery market.

 

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Surgical robots are specifically designed to perform surgeries or assist surgeons during operation procedures. It is a significant revenue-generating category in the healthcare segment owing to its high precision. Companies have formed alliances to offer diversified solutions in this segment. For instance, Verily Life Sciences LLC, a company by Alphabet Inc., has partnered with Johnson & Johnson’s Ethicon to manufacture surgical robots under jointly incorporated Verb Surgical, Inc. Another company, TransEnterix, Inc. recently launched the Surgibot Surgical System, which is capable of performing surgeries by creating only one incision for multiple instruments.

 

Europe generated the highest revenue in the service robotics industry in 2017. Growing demand for automation, technological advancements, and increasing labor costs encourage companies to invest in service robotics. Vendors in the service robotics industry deliver customized solutions for self-driving vehicles, surgical technologies, entertainment, and agriculture to cater to a wider audience. Government initiatives such as launch of civilian research and innovation program in robotics in 2014 and incorporation of SPARC Robotics, a joint platform for robotics companies in Europe, help to drive the market growth in Europe. In addition, under the platform of Innovation Union, a Europe 2020 flagship initiative is formed to maximize Europe’s global competitiveness.

 

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The well-known companies profiled in the service robotics market report include Intuitive Surgical, Inc., Adept Technology, Inc., Irobot Corporation, Kuka AG, Aethon Inc., Bluefin Robotics, GeckoSystems Intl. Corp., Panasonic Corporation, Yujin Robot, Co., Ltd., Robert Bosch GmbH, Parrot SA, and Kongsberg Maritime. These companies launch new products and collaborate with other leaders in the market to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Agrochemicals Market With Business Strategies And Analysis To 2028

 The global agrochemicals market size is expected to reach USD 300.16 billion by 2026, growing at a CAGR of 3.1% during the forecast period, according to a new report by Polaris Market Research. The report “Agrochemicals Market Size, Share, Trends & Industry Analysis Report  [By Product (Fertilizers, Crop Protection Chemicals, Plant Growth Regulators); By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables); By Region]: Market size & Forecast, 2019 – 2026” provides a comprehensive analysis of present market insights and future market trends.

 

Agrochemicals are used in the agricultural farm for protecting crops and related applications. There exists a surplus demand for agricultural products. They protect crops from pest attacks and helps prevent farmers from running an insurmountable loss. The modes of agrochemicals which are pesticides, insecticides and fertilizers are heavily used in this context. Growing demand for pesticides and consumption of agrochemicals in liquid form are leading factors to growth of market.


The consumer tastes are transient and preference for different types of food has led to increased food consumption and crop cultivation. This trend is all about different strata inhabited by economic, social, environmental and technological factors. An increase in disposable incomes, lasting urbanization specifically amongst middle income families and rapid globalization has spurred the increasing consumption of agricultural products and agrochemicals.

 

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Government policy supporting copious production of agricultural products has been pushing industry growth resolutely. Developing countries are observant to higher output in agrochemical industry where government has strongly favored the industry. India has been benefitted by the policy supports to keep pace with markets as world’s most competitive agricultural produce nation. The supportive policies include National mission on food processing, development of seeds backed by 100% FDI under automatic route and promotional rationalization of tariffs. These policy aids have added impetus to growth.

 

The fertilizer segment is anticipated to display higher growth during forecast period. An increasing demand for a richer yield in a decreasing cultivable land, higher crop production and a keenness to keep fertility of soil intact drives growth.

 

 

The life style change that has changed distinct eating habits has seen strong growth in boosting demand for fertilizers and pesticides. Fertilizers and pesticides are agricultural components that derive a better crop yield, soil fertility and improved production cycles. Hence agricultural growth and agrochemical growth go hand in hand and robust growth is predicted for both.

 

China and India are strong exporters of agrochemicals to Latin America and other regions which are keen factors for growth in China and India agrochemicals market.

 

Technological Advancements have significantly impacted the industry growth. Advances in the pesticide formations have come off the shelves fast because of eco-friendly pest management practices that are the result of technical and material developments. A strict regulatory framework cuts down growth for all agrochemicals that are not environment friendly and may cause environment degradation.

 

Asia Pacific is the most thriving market for agricultural industry and agrochemicals as the region contains two of the most populous countries, China and India. Consumer spending is naturally quite high here. North America and Europe also drive growth during forecast period. The United States, Germany, France, China, India and Japan are among the most outstanding countries for agrochemicals market.

 

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The global agrochemicals market is very competitive and consists of several integrated major players from raw material to distribution stages in the broad value chain.The total cultivable land has been downsizing and total crop area in 2010 which was 1.8 billion hectare has reduced to 1.3 billion hectare in 2017.

 

The global agrochemicals market is highly fragmented with key industrial players holding on to no less than single digit market shares. It is surmised that key players collectively hold between 15%-20% market share.

 

 

Acquisition’s and key collaborations are strategies that push market closer to sustainable high growth. For instance, Bayer AG completed the buy-out of U.S. based biological crop protection and chemical product manufacturing company Monsanto. The key industrial players include BASF, Bayer Crop Science, Dow Agrosciences, LIC, Agrium, Syngenta AG and Monsanto Company.

 

 

According to Polaris Market research, the overall agrochemicals market is segmented by products, applications and regions:

 

  • Agrochemicals Product Outlook (Revenue USD Millions 2015-2026)
    • Pesticides
      • Organophosphates
      • Bio-Pesticides
      • Others
    • Fertilizers
      • Nitrogenous
      • Phosphatic
      • Others
    • Agrochemicals Application Outlook (Revenue USD Millions 2015-2026)
      • Crop-Based
      • Non-Crop Based

Satellite Propulsion System Market Size, Recent Advancement & Scope Top Trends

 The global Satellite propulsion system market is anticipated to reach over USD 29.9 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the chemical propulsion segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Satellite propulsion system market.

 

The growing adoption of small satellites for commercial applications owing to its low cost and light weight supports the Satellite Propulsion System Market growth. Growing use of satellites in defense sector would boost the growth of this market. Technological advancement in terms of miniaturization of components, and associated software has encouraged established organizations, and small and medium enterprises to invest in small satellites, thereby supporting market growth. The increasing deployment of satellites in commercial applications such as remote sensing, earth observation, and technology development, and rising deployment of cubesats fuels the growth of the Satellite Propulsion System Market. Growth in space expeditions, rising need for long range missiles, increasing military expenditure worldwide, and technological advancements are expected to provide growth opportunities during the forecast period.

 

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The North America Satellite Propulsion System Market is expected to dominate throughout the forecast period. Rise in applications of satellites in agriculture, real estate, defense, and government sectors in this region is the major driver for market growth. The affordable price of small satellites also accelerates the penetration in the commercial sector. Rise in investment in the defense sector, along with technological advancement is expected to drive the market growth during the forecast period.

 

The leading companies profiled in the Satellite Propulsion System Market report include Ball Aerospace & Technologies Corp., Thales Group, Safran S.A, Mitsubishi Electric Corporation, Airbus Defense and Space, Airbus Defense and Space, The Boeing Company, Orbital ATK Inc., Aerojet Rocketdyne, OHB System AG, Bellatrix Aerospace, and Northrop Grumman Corporation among others. 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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Delivery Drone Market With Business Strategies And Analysis To 2028

 The global delivery drone market size is expected to reach USD 494.5 million by 2026 according to a new study by Polaris Market Research. Report gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Delivery drones are one of the types of unmanned aerial vehicles which can be operated remotely or autonomously and provides advantages such as delivery or distribution of packages during last mile delivery for commercial logistics or transportation industry. Also, the logistics & transportation vendors are taking sheer interests for adopting drone technologies in order to provide their services efficiently at rural & urban areas wherein, transportation vehicles have difficulty to reach at remote locations due to bad condition of roadways. For instance, according to Statistics Bureau, China had over 589 million of population living in the remote areas in 2017. Increasing adoption of drone technologies by growing e-commerce sector vendors is one of the major factors aiding the growth of delivery drones in China.

 

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Delivery drones provides several advantages such as lower transportation costs, reduces delivery time by cutting down traffic, higher operational efficiency, lowers accidents, and lowers gas emissions. Moreover, the growth of the market is majorly attributed to rapidly growing drone industry throughout the world. For instance, according to Polaris Market Research analysis, in 2016, the drone units were pegged over 2.2 million units globally and continuously increasing owing to increasing production and adoption of drone technologies by different end use verticals such as military & aerospace and healthcare industries.

 

Companies such as Airbus SE, CyPhy Works, DJI Technology Co. Ltd., Drone America, JD.com, Matternet, SKYCART Inc., The Boeing Company, and Zipline are some of the key players operating in this market. 

 

Furthermore, increasing adoption of drone technologies by quick service restaurant chains and healthcare vendors is another major factor aiding the growth of market. For instance, in 2016, Timbre (a Singapore based one of the largest restaurant chains) planned and tested 8 drones developed by Infinium Robotics (a Singapore based company) for serving in restaurants. Moreover in 2018, Zomato (an India-based restaurant search & discovery service company) acquired TechEagle Innovations Pvt Ltd. in order to offer drone-based food delivery services in India which is expected to create a good opportunity for drone manufacturers in the region during the forecast period.

 

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However, there are still some regulations in the country which limits the usage of drones in India for commercial purposes such as goods delivery. In addition, stringent regulations by the Federal Aviation Administration (FAA) & logistical challenges are restraining the growth of delivery drones across the world. Also, poor infrastructure and complex terrain are expected to be other restraining factors for delivery drone industry.

 

Among drone type, rotary blade is expected to be the largest market for delivery drones in 2019, owing to its ease of use such as vertical take-off & landing features and also it is expected to retain its dominance during the forecast period of 2020-2026 as well. Hybrid drones are expected to be the fastest growing drone type during the forecast period, owing to advanced features such as higher payload capacity, longer flight time, and increased range up to 4-5 times of the normal delivery drones which generally have the travelling range of around 10-20 miles.

 

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Among regions, North America is expected to be the largest market for delivery drones in 2018 and is expected to be the largest market during the forecast period as well. The growth of this region is majorly attributed to increasing production of drones and increasing adoption of drones for different commercial applications in the region. Also, in 2015, the FAA granted new exemptions for the QSR or logistics companies to operate drones in the United States which is expected to drive the market for delivery drones during the forecast period. 

 

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Digital Signature Market Overview, Trends Forecast Analysis By Top Manufactures

 Digital Signature | 2021 Scope Of Current And Future Industry 


The report “Digital Signature Market Share, Size, Trends, Industry Analysis Report By Component (Solutions (Hardware, Software), Services(Managed Services, Professional Services)); By Deployment (Cloud, On-Premise); By Application (Human Resources, Education and Research, BFSI, Government and Defense, Legal, Healthcare and Life Sciences, Real Estate, Manufacturing and Engineering) By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The Global Digital Signature market size is expected to reach USD 22.1 Billion by 2026 according to a new study by Polaris Market Research. The market is projected to witness a significant growth over the forecast period. Strong demand from government as well as defense sector among other applications is contributing to a rising demand for digital signatures across the globe. Governments and defense applications use digital signatures for various purposes such as forms & licenses issuing, tax and returns filing, treasury orders, online government directives and orders, file movements, filing of public information, online money orders, among others.

 

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Features of digital signatures such as high security, tamper proof cryptographic encryption, authentication at multiple levels, as we as ability to provide certificate-based ID authentication have led the governments across the globe to adopt digital signature on a wide scale. Cost savings associated with digital signatures, ease of usage and ability to bypass fraud issues and tedious paper work are some of the other factors driving the growth in the segment.

 

The digital signature operators have to maintain highly reliable as well as secure systems that cannot be easily modified and bypassed. Whenever a legal dispute arises, digital signature operators need to prove their operational reliability through means of expert verification. This entails additional costs. Companies have to offset such restraints to gain market share. Some of the leading players in the market include Kofax, Rpost Technologies, Identrust, Secured Signing Limited, SIGNiX, Entrust Datacard, DocuSign, Ascertia, Gemalto, OneSpan, Adobe, and Hellosign among others

 

 

The rising number of mobile users is proving beneficial for the overall market. Rising disposable income, cheap availability of mobile phones, are some of the major factors benefitting the rising number of mobile phone users. In comparison to situation five years ago, the download speed of internet has increased by more than six times. In addition, the prices and fees for mobile internet connection has reduced by more than 90%. This has also benefitted the overall demand for increased mobile devices sales. This trend is benefitting the overall benefitting the market from applications that involve mobile usage.

 

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E-commerce activities especially in countries such as India and in China have witnessed tremendous rise in these countries in the recent past and the momentum is expected to continue over the next few years. High penetration of mobile phone users, declining internet prices, broad product portfolio are some of the reasons for e-commerce growth. All these activities have thus resulted in a rise in online payments which is proving to be extremely beneficial for the overall market growth.

 

Improving economic conditions, proactive approach taken by governments in Asia Pacific region to boost industrial sector has resulted in a rapid urbanization in the region. The region has witnessed a rapid rise in urban population in the past years. This urban population has access to smartphones, and internet and are major drivers for applications growth of the market

 

Read More :

https://www.prnewswire.com/news-releases/true-wireless-earbuds-market-size-worth-14-51-billion-by-2028--cagr-14-4-polaris-market-research-301317177.html

https://www.prnewswire.com/news-releases/rubber-processing-chemicals-market-size-worth-7-84-billion-by-2028--cagr-5-3-polaris-market-research-301308798.html

 

Magnetic Sensor Market Size, Recent Advancement & Scope Top Trends

 The report “Magnetic Sensor Market Share, Size, Trends, Industry Analysis Report By Type (AMR, GMR TMR, Hall Effect, Others); By Technology (Low Field Sensor, Earth Field Sensor, Bias Magnetic Field Sensor); By Application (Automotive, Consumer Electronics, Industrial, Aerospace and Defense, Healthcare, Energy and Power, Others); By Regions, Segment Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth. The global magnetic sensor market size is expected to reach USD 4.68 billion by 2026 according to a new study by Polaris Market Research.

In the market, there are many manufacturing companies imparting magnetic sensors that are utilized in many programs where high dependability & cost-optimized solutions are needed. In a current discovery, the board has allowed improving those sensors. The National Institute of Standards & Technology (NIST) has observed that merging magnetic alloy layers with silver nanolayers will grow the sensitivity of magnetic. Being capable to utilize quite skinny films (magnetic sensor) is essential in applications like weapon detection, clinical devices, and records storage. Moreover, its main applications further consist of magnetic flux measuring & the direction in addition to the electricity of a magnetic field. These are mainly relevant within the sensors for android, navigation, commercial and scientific applications.

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The upward push in the integration of a these sensor in the automobile industry permits contactless and ‘wire-free’ measurement of mechanical quantities including the angle of rotation and angular speed. Governments’ encouragement to use eco-friendly vehicles and the increase of consumer electronics will growth the marketplace shares at some stage in the forecast period. Moreover, the advancement of small scale ‘Micro Electro Mechanical Systems’ (MEMS) for detecting and measuring magnetic fields is broadly speaking driving the marketplace in conjunction with the growth of patron electronics appliances. These sensors primarily based on MEMs perform with Lorentz Force which makes it work extra efficiently. However, the Stiff competition and price erosion of magnetic sensors are the main restrain factors for the manufacturers in the market during the forecast period. Also, the growth in manufacturing capabilities, quality products, and reduce the overall cost of production of the magnetic sensors are the main challenges for the manufacturers in the global market over the forecast period.

 

Based on region, the global industry has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2019, Asia-Pacific region dominated the market in terms of value and volume owing to high production of conventional and electric vehicles. Also, the Asia-Pacific is the largest producer of consumer electronics in the global market in 2019. Such factors are expected to raise the demand for the magnetic sensors in the region in the coming years.

 

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In North America, the connected automobiles have gained large prominence as consumer buying behavior has commenced hinging on conversation skills presented by diverse car manufacturers. Miniature magnetic sensors assist in supplying such skills while maintaining fundamental functionalities of the automobile intact. Sensing additives in various use cases such as position sensing, flow charge detection, and velocity sensing are creating opportunities in the domestic region in the forecast period. The European marketplace is projected to preserve a steady growth fee over the forecast period. Hybrid motors, that are included with Hall Effect contemporary sensing in the power systems, are witnessing expanded adoption in Europe, which has greatly aided marketplace increase. Hybrid motors, that are included with Hall Effect present-day sensing inside the strength systems, are witnessing increased adoption in Europe, which has significantly aided market growth.

 

Allegro Microsystems, Inc., Alps Electric Co., Ltd, Asahi Kasei Microdevices Corporation, AMS AG, Baumer Ltd., Crocus Technology, Elmos Semiconductor AG, Honeywell International, Inc., iC-Haus, Infineon Technologies AG, Magnetic Sensors Corporation, Melexis Corporation, Memsic Corporation, Micronas Semiconductor Holding AG, Microsemi Corporation, MultiDimension Technology Co. Ltd, NVE Corporation, NXP Semiconductors, Robert Bosch GmbH, Rotary and Linear Motion Sensor (RLS),  Sensitec GmbH, TDK Corporation and others are the key players in the global market. Product launch, merger & acquisition, and partnerships encompass key players strategies to preserve and capture the most important share of the global market.

Aluminum Curtain Wall Market With Business Strategies And Analysis To 2028

 Aluminum Curtain Wall | 2021 Scope Of Current And Future Industry 


The global aluminum curtain wall market expected to reach US$ 62.85 billion by 2027, according to a new study by Polaris Market Research. The report “Aluminum Curtain Wall Market Share, Size, Trends, Industry Analysis Report, By Type (Stick-Built, Unitized, Semi-Unitized); By Application (Residential, Commercial, Infrastructure); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The demand for aluminum curtain walls is expected to witness significant growth over the forecast period owing to the increasing demand for the protection of residential and commercial building walls. In addition, the use of exterior glass walls for commercial and infrastructural buildings is expected to have a positive impact on the aluminum curtain wall industry.

 

Increasing urbanization and several infrastructure projects sanctioned in the developing economies of Asia Pacific and Latin America is likely to complement aluminum curtain wall industry growth over the forecast period. Furthermore, the need for eco-friendly material and increasing regulations pertaining to the use of green building materials is expected to drive aluminum curtain wall demand.

 

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Segment Highlights

  • Unitized aluminum curtain wall accounted for the largest revenue share in 2019. The segment accounted for over 55% of the market share owing to the low cost of installation and growing demand in developing economies

 

  • The commercial application segment accounted for the largest revenue share in 2019 with over 50% of the market share. This can be attributed to the growing demand for aluminum curtain walls for the construction of malls, offices, institutional buildings, etc

 

  • Asia Pacific region is dominating the global aluminum curtain wall industry, holding almost one-third of the market share throughout the forecast period. Increasing construction projects and rising investments by global market players in the region is likely to complement demand.

 

  • The major players operating in the aluminum curtain wall industry space provide several services to retain and gain customers. In addition, the growing construction projects across the globe have led manufacturers to provide customized solutions to meet specific requirements.

 

List of Key Players

  • Alumil Aluminium Industry S.A.
  • EFCO Corporation
  • GUTMANN AG
  • HansenGroup Ltd.
  • Kawneer Company, Inc.
  • Sapa Building Systems Ltd
  • Schuco International
  • Josef Gartner GmbH
  • Kalwall Corporation
  • Others

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Polaris Market Research has segmented the aluminum curtain wall market report on the basis of type, application, and region

 

Aluminum Curtain Wall, Type Outlook (Revenue – USD Million, 2016 – 2027)

  • Stick-built
  • Semi-unitized
  • Unitized

Aluminum Curtain Wall, Application Outlook (Revenue – USD Million, 2016 – 2027)

  • Commercial
  • Residential
  • Infrastructure

Aluminum Curtain Wall, Regional Outlook (Revenue – USD Million, 2016 – 2027)

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • UK
    • Italy
    • Spain
    • Netherlands
    • Austria
  • Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • South Korea
    • Indonesia
  • Central & South America
    • Mexico
    • Brazil
    • Argentina
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Smart Bathroom Market Size, Outlook, Key Prospects And Future Growth

 Smart Bathroom | 2021 Scope Of Current And Future Industry 


The global Smart Bathroom Market size is anticipated to reach USD 9775.4 million by 2026, according to a new study published by Polaris Market Research. In 2017, the smart toilet segment dominated the overall market followed by touchless faucets. The North American region dominated the global market, in terms of revenue in 2017.

 

The growing demand for automation along with increasing costs associated with energy use increases the demand for Smart Bathroom solutions. The increasing integration of smart bathrooms in the development of smart homes, along with government regulations regarding energy use and emissions support the market growth. The rising adoption of Internet of Things (IoT), and smart devices boosts the adoption of smart bathroom solutions.  Other factors driving the market growth include growing penetration of mobile devices, technological advancements, and adoption of home automation solutions. New emerging markets, emerging consumer demographics, and increasing awareness among consumers regarding efficient energy use would provide growth opportunities for Smart Bathroom industry in the coming years.

 

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There has been an increasing use of digital faucets to conserve water and energy. Digital faucets decrease tap flow and manage digital temperature-control settings, conserving money and water. It uses infrared tap technology to monitor the user and turn off upon sensing removal of user’s hands from under the faucet. It uses programmable features, such as timed shower setting or a teeth-brushing option that runs for an allotted time frame.

 

 

Google has filed patents to enhance its offerings in this industry. The patents exhibit toilet seats and bath mats with embedded sensors with the capability to measure heart rate and body electrical patterns. It also describes a non-invasive camera in the bathroom mirror to detect skin color. These features provide health updates to users to monitor health regularly.

 

The primary factors driving the market growth in the North American region include established telecommunication industry and cloud infrastructure, rising penetration of mobile devices, technological advancements, and high investment in R&D. The introduction of favorable government regulations regarding energy usage and emissions, and rising awareness regarding use of energy efficient equipment boost the market in North America. The increasing concerns regarding personal hygiene, high disposable incomes, increasing development of smart homes, and growing adoption of connected devices and IoT further increase the demand of Smart Bathrooms in the region.

 

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The well-known companies profiled in the smart bathroom market report include Toto Ltd, Masco Corporation, Kohler Co., Duravit AG, Roca Sanitario S.A, Bradley Corporation, American Standard Brands, Cera Sanitaryware Ltd., Delta Faucet Company, and LIXIL Group Corporation. These companies launch new products and collaborate with other market leaders in the smart bathroom industry to innovate and launch new products to meet the increasing needs and requirements of consumers.