Automotive Diagnostic Tool Market Pegged to Expand Robustly During 2019-2023

Automotive Diagnostic Tool Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Automotive Diagnostic Tool Industry report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023.

The global automotive diagnostic tool market is poised to register a notable growth at 5% CAGR over the assessment period (2017-2023). Automotive diagnostics is the self-diagnostic and reporting capability of a vehicle that provides access to the repair technician or vehicle owner about the status of the numerous vehicle subsystems. It is basically a combination of electronic devices software and software that are being utilized as an interface with diagnostic systems in an automotive.

There are ample factors that is boosting the growth of the automotive diagnostic tool market. These factors as stated by the Market Research Future (MRFR) report include gradual boost in service station, electrification of vehicles, growing complexity in connected vehicles, growing security concerns amid end-users and strict emission norms. The additional factors which are fueling the market growth include escalating intrusion of electronics, rise in need for automotive workshops, constant technological advancements namely adaptive front lighting system and collaboration of OEMs with key players of automotive diagnostic tools. On the contrary, complexities involved in the diagnostic tools’ functioning, soaring input costs of automotive diagnostic tools and the growing need to maintain a balance amid the smart technology and high cost by the manufacturers are factors that may impede the growth of the automotive diagnostic tool market over the assessment period.

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Market Segmentation

MRFR report offers a wide segmental analysis of the automotive diagnostic tool market on the basis of product type, equipment type, and vehicle type.

Based on product type, the automotive diagnostic tool market is segmented into repair and diagnostic data, automotive diagnostic scan tool technology, diagnostic software and diagnostic equipment (hardware). Of these, the diagnostic software segment will have the largest share in the market over the assessment period. This growth is driven by an array of factors such as increase in software updates that is adopted via automotive service stations, use of various electronic components and increase in new automobile production.

Based on equipment type, the automotive diagnostic tool market is segmented into vehicle emission test system, digital battery tester, wheel alignment tester and others. Of these, the vehicle emission test system segment is predicted to dominate the market over the assessment period. This is owing to increase in the strict norms laid down by the government concerning vehicle emissions.

Based on vehicle type, the automotive diagnostic tool market is segmented into commercial vehicles and passenger car. Of these, the passenger car segment will lead the market over the assessment period. This is on account of increasing demand for premium passenger cars coupled with huge pool of customers for passenger cars.

Regional Analysis

By region, the automotive diagnostic tool market covers growth opportunities and latest trends across Rest of the World, Asia Pacific, Europe and North America. Of these, the APAC region will account for the largest share in the market over the assessment period. This is owing to the increase in consumers preference for automobiles along with advanced technology. The strict standards laid down by the government that lay emphasis to control the level of emission from vehicles will also add to the growth of the market in this region. The developing countries especially Japan, China and India are highly prone to make the most of the easy to use and advanced diagnosis tools and equipment that again will propel the market growth over the assessment period.

Key Players

Leading players profiled in the automotive diagnostic tool market include Kpit Technologies (India), AVL List GmbH (Austria), Snap on Incorporated (U.S.), Actia SA (France), Hickok Incorporated (U.S.), Softing AG (Germany), SPX Corp (U.S.), Denso Corporation (Japan), Continental AG (Germany), Robert Bosch GmbH (Germany) and others.

May 2019- asTech has finally announced the news of signing an agreement that will provide calibration and vehicle diagnostic services to Fix Auto organization in the US. With the help of this partnership, the Fix Auto USA franchise locations can use asTech as the approved vendor for offering insurance partners and customers calibration services and vehicle electronics diagnostic services for both pre-repair as well as post-repair conditions.

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List Of Tables

Table 1 Global Automotive Diagnostic Tool Market: By Region, 2017-2023

Table 2 North America Automotive Diagnostic Tool Market: By Country, 2017-2023

Table 3 Europe Automotive Diagnostic Tool Market: By Country, 2017-2023

Table 4 Asia-Pacific Automotive Diagnostic Tool Market: By Country, 2017-2023

Table 5 RoW Automotive Diagnostic Tool Market: By Country, 2017-2023

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List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

Continued……. 

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Air Purifier Market Pegged to Expand Robustly During 2019-2023

The Global Air Purifier Market is expected to gain a value of USD 31,924.3 Million by 2025 with a CAGR of 11.41% during the forecast period (2019–2025).

The report covers segmentation and the market dynamics for a better glimpse of the market in the coming years. Air purifiers are used to remove volatile organic compounds (VOCs), odors, and gaseous and particle pollutants. Moreover, air purifiers are used to eliminate airborne mold, bacteria, viruses, dust mites, and pollen from the air in both, residential and commercial applications. Unlike air filters, air purifiers emit ions to kill, neutralize, transform or otherwise render airborne toxins harmless. Additionally, they trap airborne particles within a tangible filter.

Regional Analysis

On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is anticipated to lead the air purifier market during the forecast period, followed by North America. Asia-Pacific is expected to witness excellent growth in the air purifier market, owing to biomass burning, vehicle emission, and industrial emissions. Consumers with asthma or allergies to odors, airborne viruses, dust, and other conditions are inclined toward the purchase of air purifiers because of the worse indoor air quality in Asia-Pacific. Moreover, children, the elderly, and the ailing people with low immunity are highly recommended to use air purifiers to protect themselves from the irritation of the eyes, nose, and throat, asthma, and respiratory diseases, which lead the market for air purifiers in the region.

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The Global Air Purifier Market is expected to reach USD 13,527.8 million at a CAGR of over 11.41% by the end of the forecast period.

Segmental Analysis

The global air purifier market is segmented based on product type and sales channel.

On the basis of product type, the global air purifier market is segmented into into high-efficiency particulate air (HEPA) purifiers, ultraviolet (UV) air purifiers, activated carbon air purifiers, and ion & ozone generator air purifiers. The high-efficiency particulate air (HEPA) purifiers segment is expected to dominate the market, owing to cost-efficient, compared to other types of air purifiers.

In terms of value the HEPA purifiers segment accounted for the larger market share of 57.35% in 2018, with a market value of USD 3,731.1 million; it is expected to register a CAGR of 10.93% during the forecast period.

On the basis of sales channel, the global air purifier market is segmented into online and offline. In 2018, the online segment held the largest market share of 58.72% in 2018, with a market value of USD 3,819.8 million. This value is projected to reach USD 8,216.0 million by 2025. This segment is expected to grow with the fastest CAGR of 11.96% during the forecast period.

Competitive Analysis

Some of the prominent players operating in the global air purifier market report are Dyson (Singapore), Sharp Corporation (Japan), Panasonic Corporation (Japan), Unilever (UK), Honeywell International Inc (US), Midea Group (China), COWAY CO., LTD (South Korea), Xiaomi Inc (China), Koninklijke Philips N.V. (the Netherlands), Daikin Industries, Ltd (Japan), Blueair (Sweden), LakeAir (US), IQAir (Switzerland), Samsung (South Korea), Broad Group (China), Whirlpool Corporation (US), AB Electrolux (Sweden), YADU Int’l Technology (Beijing) Co., Ltd (China), Austin Air (US), BONECO AG (Switzerland), Airgle Corporation (US), Airdogusa (US), Rabbit Air (US), and Levoit (US).

Panasonic Corporation focuses on achieving sustainable growth by expanding its overseas business, mainly in neighboring countries, such as China, South Korea, and India. Moreover, it aims to strengthen its production capabilities in the overseas sites and further expands its production units in the countries in Asia-Pacific. The company strategizes to optimize its portfolio and increases emphasis on the return on invested capital. Due to the increase in concerns regarding bad air conditions in the countries in Asia-Pacific, it aims to increase its investment in the production of air purifiers. The company focuses on strengthening its partnerships and collaborations with online ecommerce retailers to enhance its ratio of online sales in the coming years.

Unilever focuses on expansion by increasing its profits and collaborations with governments, NGOs, and other stakeholders. It is investing high amounts in collaboration and partnership with government approved distributors and ecommerce retailers to meet the changing trends and maintain a competitive advantage in the global market. The company also aims to enhance its supply chain and distribution network in the global market through collaborations. It is working on centralizing its operations through a network of global UltraLogistik control towers to improve its customer service and reduce CO2 emissions.

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Continued……. 

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

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Vacuum Coating Machines Market Scenario, Leading Players, Segments Analysis and Growth by Forecast To 2023

Vacuum Coating Machines Market Driven by Growing Demand for Electronics

Microelectronics, Optoelectronics Sectors to Drive Vacuum Coating Machines Market

The global vacuum coating machines market is expected to exhibit a strong 6.36% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). Increasing demand from the electronics industry is likely to be the definitive driver for the vacuum coating machines market over the forecast period.

Competitive Analysis:

Leading players in the global vacuum coating machines market include Applied Materials Inc., Buhler Leybold Optics, Shincron Co. Ltd., AIXTRON SE, Von Ardenne GmbH, Veeco Instruments, Oerlikon Balzers, Optorun Co. Ltd., BOBST Group SA, ULVAC Technology Inc., Leybold Optics, AIXTRON SE, Optorun Co. Ltd., Shincron Co. Ltd., VON ARDENNE GmbH, IHI Hauzer B.V., BOBST, Hanil Vacuum Co., Ltd., Lung Pien Vacuum Industry Co. Ltd., Denton Vacuum, Mustang Vacuum Systems, CVD Equipment Corporation, Xiangtan Hongda Vacuum Equipment Co. Ltd., and Dongguan Huicheng Vacuum Technology Co.

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Segmentation:

The global vacuum coating machines market is segmented on the basis of product type, application, and region.

By product type, the global vacuum coating machines market is segmented into physical vapor deposition (PVD) and chemical vapor deposition (CVD). CVD is likely to be the dominant segment in the global vacuum coating machines market over the forecast period, as the CVD process enhances the resistance of the substrate massively, making it invulnerable to moisture, chemicals, heat, or other environmental corrosion enablers. As vacuum coating processes are expected to provide the substrates with increased resistance against heat and other various elements, the chemical vapor deposition segment is likely to exhibit rapid growth over the forecast period, at the highest CAGR over the forecast period.

By application, the global vacuum coating machines market is segmented into electronics, automotive, optics and glass, packaging, and others. Electronics is the major revenue generation channel for the vacuum coating machines market, with the fields of optoelectronics and microelectronics dominating the demand scenario for vacuum coating machines at present.

Regional Analysis:

The global vacuum coating machines market is expected to be dominated by Asia Pacific over the forecast period due to the growing demand from the electronics industry, as well as other leading end users of vacuum coating machines. The growing semiconductor industry as well as the growing consumer electronics market in Asia Pacific are the major drivers for the vacuum coating machines market in the region and are likely to provide significant growth potential over the forecast period. The consumer electronics market in Asia Pacific is likely to remain a key driver for the vacuum coating machines market in the region over the forecast period. The growing disposable income of consumers in Asia Pacific has driven the demand for consumer electronics, thus driving the vacuum coating machines market over the forecast period.

The increasing demand for microelectronics and optoelectronics in the semiconductor industry in Asia Pacific is likely to be a major driver for the global vacuum coating machines market over the forecast period. The market for vacuum coating machines in Asia Pacific is dependent on China, South Korea, and Japan, as these countries have emerged as the global leaders in all things electronic, including consumer electronics as well as semiconductor devices, and are likely to remain major markets for vacuum coating machines over the forecast period. The Asia Pacific market accounts for close to 43% of the global vacuum coating machines market and is likely to exhibit growth at the fastest CAGR of 6.69% over the forecast period.

North America and Europe are also likely to remain important regional markets for the vacuum coating machines industry over the forecast period due to the steady growth of the semiconductor and electronics sector in these regions. The increasing demand for optoelectronics and microelectronics in North America, where the computing sector is on the verge of breaking through the barriers around quantum computing and making massive leaps that will revolutionize industrial operations in the coming years. This is likely to remain a key driver for the global vacuum coating machines market over the forecast period.

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List of Tables

TABLE 1 LIST OF ASSUMPTIONS 

TABLE 2 GLOBAL VACUUM COATING MACHINES MARKET, BY TYPE, 2013-2023 

TABLE 3 GLOBAL VACUUM COATING MACHINES MARKET, BY TYPE, 2013-2023 

TABLE 4 GLOBAL VACUUM COATING MACHINES MARKET, BY APPLICATION, 2013-2017 

TABLE 5 GLOBAL VACUUM COATING MACHINES MARKET, BY APPLICATION, 2018-2023

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List of Figures

FIGURE 1 GLOBAL VACUUM COATING MACHINES MARKET STRUCTURE

FIGURE 2 GLOBAL VACUUM COATING MACHINES MARKET SHARE, BY TYPE, 2017 

FIGURE 3 GLOBAL VACUUM COATING MACHINES MARKET SHARE, BY APPLICATION, 2017

FIGURE 4 VACUUM COATING MACHINES MARKET SHARE, BY REGION, 2017 

FIGURE 5 NORTH AMERICA: VACUUM COATING MACHINES MARKET SHARE, BY COUNTRY, 2017 

Continued……. 

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

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Automotive Brake Valve Market: Global Major Key Players Research – Forecast To 2025

The global  automotive brake valve market is expected to witness substantial growth during the forecast period: MRFR

Market Research Future published a Half-Cooked Research Report on the global automotive brake valve market that contains information from 2017 to 2025.  The global automotive brake valve market is expected to progress with ~5% CAGR from 2019 to 2025.

Taste the market data and market information presented through more than 100 market data tables and figures spread in 88 numbers of pages of the project report. Avail the in-depth table of content & market synopsis on “Global Automotive Brake Valve Market Information from 2019 to 2025."

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Key players

The key players operating in the global market include Sundoz Co., Ltd  (Taiwan), EBS Aftermarket Group Limited  (UK), Knorr-Bremse AG (Hungary), Federal-Mogul Holdings Corp. (US), Eaton Corporation Plc (Ireland), WABCO (Belgium), Alfmeier precision SE (Germany), MAHLE GmbH (Germany), Continental Automotive GmbH (Germany), and Poclain Hydraulics (France).

Readily apparent factors that require more modern braking systems are increased traffic density, higher speeds, change in vehicle design, and heavier vehicle weights, which result in a greater concern for highway safety, higher performance level, and vehicle weight ratios. Vehicle control, stability, and system reliability are the primary concerns while designing any brake systems. These aims are achieved by minimizing the possibility of automatic brake applications, maximizing driver control, good component design, synchronizing the braking on all axles, and appropriate system design to avoid vulnerable piping. The effective braking depends mainly on the response time of the entire braking system and driver’s feel.

The braking system layout design complexity depends on the functioning of valves in a logical sequence during different stages of braking, i.e., emergency, normal, and one circuit failed condition. The use of a dual brake valve gives single-point control of two braking systems, which assist in driver control enhancement of braking functions. Dual brake valve provides graduated air pressure to apply and release brakes on application of driver’s effort on the brake pedal. The two independent deliveries of dual brake valve control the primary (rear brakes) and secondary (front brakes) circuit. This valve design ensures uninterrupted supply of air pressure to secondary one even in case of failure of the primary circuit.

Regional Analysis

The global automotive brake valve market, based on region, is segmented into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific, with the increasing safety awareness, rising automotive production, and significant vehicle fleet size, is expected to dominate the global market in 2018. North America is estimated to register significant growth during the forecast period due to the rising adoption of safer braking solutions.

The global automotive brake valve market is expected to register substantial growth to reach approx. USD 5 Billion by the end of 2025, with ~5% CAGR from 2019–2025.

Segmentation

The global automotive brake valve market is segmented by product type, material type, vehicle type, sales channel, and region.

By product type, the global automotive brake valve market is classified into metering, pressure differential, proportionating, combinational, hydraulic, and others. The pressure differential segment is expected to dominate the global automotive brake valve market.

By material type, the global automotive brake valve market is segmented into steel, copper, brass, and others.

By vehicle type, the global automotive brake valve market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles.

By sales channel, the global automotive brake valve market is divided into OEM and aftermarket.

Based on product type, the pressure differential segment is projected to be dominant throughout the study period. However, the combinational segment is expected to register significant growth over the next six years. Based on material type, the steel segment is estimated to account for major share in the global automotive brake valve market. However, the copper segment is expected to register significant growth over the forecast period. Based on vehicle type, the passenger car segment is expected to hold a larger share during the study period due to the relatively higher adoption of brake valves as compared to commercial vehicles and higher vehicle production units. Based on sales channel, the aftermarket segment is estimated to account for major share in the global automotive brake valve market. The OEM segment is projected to witness substantial growth during the review period.

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging & high-growth segments. The market data comprises the necessary assessment of the competitive scenarios and strategies in the global automotive brake valve market, including high-growth regions and/or countries, and political and economic environments. The project report further provides both – historical market values and pricing & cost analysis.

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List Of Tables

Table 1 List Of Assumptions

Table 2 Global Automotive Brake Valve Market, By Product Type, 2019–2025

Table 3 Global Automotive Brake Valve Market, By Material Type, 2019–2025

Table 4 Global Automotive Brake Valve Market, By Vehicle Type, 2019–2025

Table 5 Global Automotive Brake Valve Market, By Region, 2019–2025

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List Of Figures

Figure 1 Research Process Of MRFR

Figure 2 Top-Down And Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:

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Office No. 528, Amanora Chambers

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Automotive Biometric Market Scenario, Leading Players, Segments Analysis and Growth by Forecast To 2025

Market Research Future published a Half Cooked Research Report on the global automotive biometric market, which contains information from 2017 to 2025.  The global  automotive biometric market is expected to grow with a ~12% CAGR from 2019 to 2025.

Taste the market data and market information presented through more than 100 market data tables and figures spread in 88 numbers of pages of the project report. Avail the in-depth table of content & market synopsis on “Global Automotive Biometric Market Information from 2017 to 2025"

An automotive biometric uses computer processor that is incorporated with an ultrasonic system, camera, and electromagnetic system, which play a crucial role to unlock the vehicle when the identification of the vehicle driver matched with the biometric system. To enhance vehicle safety, and security the automotive biometric system solution provider and automotive OEMs work together to enhance the driving experience and reduce the vehicle theft, worldwide.

The global automotive biometric market is expected to grow with a CAGR of ~12% over the forecast period 2019-2025, and the global automotive biometric market size is expected to reach USD 1,128 million by 2025.

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The technological advancements in automotive biometric, rapid development of connected cars and autonomous vehicles, and improving economy in developing regions, such as Brazil, the UAE, Africa, Argentina, and India, are providing an opportunity for the growth of this market.

The key factors that drive the growth of the market are increase in production and sales of vehicles, increase in need for safety features in vehicles, and stringent government regulations regarding biometric system in vehicles. However, high price of automotive biometric system and failure of electronic components used in automotive biometric and connectivity infrastructure is a key factor restraining the growth of the overall market.

Segmentation:

Global automotive biometric market is divided on the basis of technology, vehicle type, application, and region. By technology, the global market has been segmented as fingerprint scan, voice recognition, face recognition, and others. By vehicle type, the global market has been divided into passenger car and commercial vehicle. By application, the global market has been divided into vehicle security system, driver safety system, and advanced steering and infotainment.

On the basis of technology, the voice recognition segment is projected to witness significant growth until the end of 2025. This growth is due to the rise in adoption of passenger car. Whereas, the fingerprint scan accounted the largest market share, in 2018 and expected to witness a highest growth during forecast period. The growing demand for fingureprint scan in passenger car and commercial vehicles has propelled the market growth.

By vehicle type, the segment fir passenger cars is poised to hold a larger share of the automotive biometric market during forecast period. This growth is attributed due to growing adopting of biometric system in passenger cars and growing sales passenger car across the globe. The commercial vehicle segment is poised to witness the faster growth in the market due to growing demand for electronic components in commercial vehicles and growing applications of biometric systems such as vehicle security system, driver safety system, and advanced steering and infotainment in commercial vehicles.

By application, the global market has been segmented into vehicle security system, driver safety system, and advanced steering and infotainment. The vehicle security system segment registered the largest market share in 2018. The increasing demand for passenger car is driving the demand for automotive biometric system. The driver safety system segment is estimated to witness the fastest growth in the market due to stringent government regulations regarding driver safety and increase in adoption of driver safety features in vehicles. 

The global automotive biometric market is geographically segmented as North America, Europe, Asia-Pacific, and the Rest of the World. North America, with the stringent government regulations and awareness towards vehicle safety to attribute to dominant market share in 2018. Furthermore, Europe is estimated to register significant growth during the forecast period due to the growing passenger car market in Germany, the UK and France.

The players considered in the study of global automotive biometric include Voicebox Technologies (US), Hitachi Ltd (Japan), Safran S.A (France), Nuance Communications (US), Hid-Global (US), Fingerprint Cards AB (Sweden), Fujitsu Ltd (Japan), Synaptics Incorporated (US), Methode Electronics (US), VOXX International (US).

The players operating in the global automotive biometric market are focusing on various strategies such as new product development, mergers and acquisitions, collaborations, and partnerships to strengthen their market position in this highly competitive market.

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List Of Tables

Table 1 Global Automotive Biometric Market, By Region, 2017–2025

Table 2 North America: Automotive Biometric Market, By Country, 2017–2025

Table 3 Europe: Automotive Biometric Market, By Country, 2017–2025

Table 4 Asia-Pacific: Automotive Biometric Market, By Country, 2017–2025

Table 5 RoW: Automotive Biometric Market, By Region, 2017–2025

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List Of Figures

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top-Down & Bottom-Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

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Huge Growth and Opportunities in Global Automated Guided Vehicle Market Till 2025

Market Research Future published a half-cooked research report on the global automated guided vehicle market that contains the information from 2019 to 2025.  The global  automated guided vehicle market is expected to grow with a CAGR of 7.8% from 2019 to 2025.

Taste the market data and market information presented through more than 100 market data tables and figures spread in 88 numbers of pages of the project report. Avail the in-depth table of content & market synopsis on “Global Automated Guided Vehicle Market Information from 2019 to 2025"

An automated guided vehicle (AGV) is a computer-controlled and wheel-based robot, used as a load carrier system, that travels along the floor of a facility without an onboard operator or driver. An AGV is a portable device who’s movement is directed by a combination of software and sensor-based guidance systems. AGVs are used in different industries for processing and handling applications, such as assembly line, kitting, staging, warehousing, and order picking. They provide automated material movement for numerous industries including automotive, beverage, chemicals, and commercial printing.

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Growing industrialization, developing economies in emerging countries, and rapid technological advancements in AGV systems create opportunities for new entrants in the global market. Increased investments in product development will enable strategic mergers with and acquisitions of small startup companies in this market, which will boost the global market during the forecast period. However, the major restraints for the global automated guided vehicle market is high cost of the system.

The global  automated guided vehicle market is estimated to witness 7.8% CAGR during the period, 2019 to 2025.

The global automated guided vehicle market is segmented on the basis of vehicle type, technology, application, industry, and region. On the basis of vehicle type, the global market has been segmented into tow vehicle, unit load carrier, fork lift vehicle, pallet trucks, assembly line vehicles, and others. On the basis of technology, the global market has been segmented into traditional guidance, laser guidance, natural features guidance, inductive guidance, and vision guided vehicle. On the basis of application, the global market has been segmented into transportation, distribution, assembly, roll handling, and others. On the basis of industry, the global market has been segmented into automotive, electrical & electronics, logistics & distribution, pharmaceuticals, plastics & polymers, food & beverage, and others.

On the basis of vehicle type, the tow vehicle segment accounted for the largest share in automated guided vehicle market in 2018 and is expected to grow at a significant rate over the forecast period. The tow vehicle has an ability to automatically pick up a load without any human interface or loading/unloading can be done manually and it can move heavy loads with multiple trailers than a single fork truck. Hence, the demand for tow vehicle is growing from various industries.

On the basis of technology, the laser guidance technology segment holds the largest share in the global market during forecast period. This can be attributed to the growing penetration of this type of technology across many industries such as automotive, healthcare, and food & beverage. The growing demand for flexible systems for vehicle movement and accurate navigation, boosts the growth of technology segment in the global automated guided market, further.

On the basis of industry, the automotive industry segment is projected to dominate the market throughout the forecast period due to the growing manufacturing operations in countries such as the US, Canada, China, Japan, Germany, and India. Furthermore, the increasing integration of industrial automation solutions is expected to create opportunities for the market, globally.

The key players operating across the value chain of the automated guided vehicle market are SSI Schaefer (Germany), Oceaneering International, Inc. (US), Swisslog Holding Ltd (Switzerland), Jungheinrich AG (Germany), ABB (Switzerland), Dematic (US), Hyster-Yale Materials Handling, Inc. (US), E&K Automation GmbH (UK), Seegrid Corporation (US), Scott (US), Daifuku Co., Ltd (Japan), JBT Corporation (US), Kion Group AG (Germany), Toyota Industries Corporatin (Japan), and KUKA AG (Germany).

The key development strategies adopted by these players are- development of new products and product launches, contracts, acquisitions, partnerships, and business expansions to fulfil the growing needs of the various end use industry  operating in the market. For instance, in August 2018, SSI Schaefer expanded its product portfolio by signing a cooperation contract with the Austrian AGV specialist, DS Automotion.

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises the necessary assessment of the competitive scenarios and strategies in the global automated guided vehicle market, including high-growth regions and/or countries, and political and economic environments. The project report further provides both, historical market values and pricing and cost analysis.

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Continued……. 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

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Pune - 411028

Maharashtra, India

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Tool Holder Market Global Analysis & Forecast To 2025 Research Report

The Global Portable Air Purifier Market is Estimated to Grow at a CAGR of 7.35% During the Forecast Period: MRFR

Overview

The global portable air purifier market is expected to gain an unprecedented value of USD 194.58 million by 2025 with a CAGR of 4.43% during the forecast period (2018–2025). Market Research Future (MRFR) in their report envelops segmentations and drivers for a better glimpse of the market in the coming years. An air purifier is a device or equipment, used for purifying air to make it more breathable. Air purifiers remove airborne pollutants from a room, which improves indoor air quality. These devices are beneficial for individuals that suffer from allergies and asthma.

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Competitive Analysis

Some of the prominent players operating in the global portable air purifier market report are Honeywell International Inc. (US), Panasonic Corporation (Japan), Whirlpool Corporation (US), and Hamilton Beach Brands Holding Company (US), Levoit (US), Guardian Technologies (US), Blueair (Sweden), Airfree (Portugal), Real Spirit USA, Inc. (US), and Austin Air Systems Limited (US).

Regional/Country Analysis

On the basis of region/country, the market is segmented in to North America, Europe, China, Southeast Asia, and the rest of the world. North America is anticipated to lead the portable air purifier market during the forecast period, followed by Europe.  Moreover, according to the National Pet Owners Survey, 2017–2018, around 85 million families in the US own a pet, causing poor indoor air quality because of pet dander and other allergens, such as saliva, urine, and feces. Poor indoor quality inside the houses is one of the reasons of boosting the demand for portable air purifiers in North America.

The global portable air purifier market is expected to reach USD 16,713.3 million at a CAGR of over 7.35% by the end of the forecast period.

Taste the market data and market information presented through more than 77 market data tables and 21 figures spread over 81 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Portable air purifier Market Research Report- Forecast to 2025.”

Segmental Analysis

The global portable air purifier market is segmented based on type and application.

On the basis of type, the global portable air purifier market is segmented into HEPA, active carbon, electrostatic precipitator, ion and ozone generator, and others. In 2018, the HEPA segment held the maximum market share and enjoyed a valuation of USD 5,361.1 million. This valuation is expected to reach USD 9,181.6 million by 2025. This segment is expected to grow with the fastest CAGR of 8.00% during the forecast period. HEPA stands for High-Efficiency Particulate Air, which is a technology used to filter out dust particles and pollutants. HEPA filters must meet a standard of removing minimum 99.97% of all particles that are 0.3 microns in size. This standard makes HEPA filters ideal for residential and commercial use. They are highly preferred by end users as they easily eliminate dust mite residue, small pet dander particles, and other small pollutants from the air.

On the basis of application, the global portable air purifier market is divided into residential and commercial. In 2018, the residential segment held the maximum market share and enjoyed a valuation of USD 7,031.4 million. This valuation can rise to USD 11,871.0 million by 2025. This segment is expected to grow with the fastest CAGR of 7.78% during the forecast period. The residential segment is expected to grow due to the increasing population and rapid urbanization, globally. There has been an increase in population in urban areas, especially in developing nations. With the rising number of households, the problem of dust and odors are also increasing. This transition has increased the demand for air purifiers, especially for small kids and the elderly as they spend most of their time at home.

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Tool Holder Market: Global Major Key Players Research – Forecast To 2025

Global Tool Holder Market Growth Overview

Tool holders refer to a physical and interchangeable interface between machine tool spindle and a cutting tool that is designed for a specific application and is tailored to enhance the operational efficiency as well as the machine performance. The machine mount style is known to play a huge role in the selection of a suitable tool holder. Tool holders are expected to come in multiple machine styles, ranging from older R8 style to the newest HSK or VDI mount. The projection length of a tool holder refers to the distance from the gage line, to the end of the tool holder. For smooth functioning of the machinery, it is highly vital that a tool is correctly inserted in the collet and that it rotates through its cutting path with a reduction in run out.

The global tool holder market is likely to witness fast paced ascension in the forthcoming years, as concluded in the latest report by Market Research Future (MRFR). The report states that the global tool holder market is estimated to grow at a 5.3% CAGR between the forecast period of 2019-2025. One of the most primary factors driving the global tool holder market is the upscaling concern towards safety and security of machines. Further, upscaling adoption of HSK and VDI tool holders in different end-user industries is another factor driving the global tool holder market. Moreover, growing automotive, construction, and aviation industries, coupled with the rising adoption of horizontal machining center (HMC) machines are other factors fostering growth in the market.

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Market Segmentation

The global tool holder market is studied for a unique set of segments that are based on tool holder type, machine type, product type, industry vertical, and region. Based on tool holder type, the market segments included in the report include R8, V-Flange Taper, NMTB, and HSK type. Based on machine type, the global tool holder market is segmented into CNC machining center, CNC lathe, and CNC turning center. Based on type, the global tool holder market is segmented into hydraulic toolholders, collet chuck, and milling chucks. Based on industry verticals, the global tool holder market is segmented into aerospace and defense, automotive, electric and electronics, heavy engineering, and construction.

Key Players

Some distinguished players in the global tool holder market include BIG KAISER Precision Tooling Inc. (US), Guhring, Inc. (US), CERATIZIT S.A. (US), Kennametal (US), LMT Onsrud LP (US), Sandvik Coromant (Sweden), SCHUNK GmbH & Co. KG (Germany), Gerb Tool Holders, Inc. (US), Ingersoll Cutting Tool Company (US), KYOCERA UNIMERCO A/S (Demnark), and Seco Tools (Sweden).

Detailed Regional Analysis

The global tool holder market is segmented into the regions of North America, Europe, Asia-Pacific, and the rest of the world. Amongst these segments, the APAC region is growing at a significant rate over the forecast period. Such growth of the regional market can be accredited to the increasing use of tool holders in the construction, automotive, as well as  heavy engineering industries across the region. Asia Pacific’s tool holder market is anticipated to grow at a lucrative rate owing to a variety of factors. Penetration of industrialization in the region is one of the most primary factors driving the demand for tool holders in the region. Such proliferation of industrialization is specifically noted in the countries of India, Japan, and China. These countries are also expected to emerge as potential growth pockets over the forecast period.

North America is likely to witness fast paced ascension in the tool holder market owing to the upscaling aerospace and defense industries, marine, and off-road industries in the US and Canada. The LAMEA is regarded as an emerging market for tool holders over the forecast period.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

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Metal Cutting Tools Market- Global Industry Size, Share, Trends, Analysis and Forecast 2019 – 2024

The global metal cutting tools market is expected to be valued at USD 23,013.2 million by 2024

Overview

Market Research Future (MRFR) Announces the Publication of its Cooked Research Report — Global Metal cutting tools Market 2017–2025.

The global metal cutting tools market is expected to be valued at USD 23,013.2 million by 2024, with a CAGR of 6.51% during the forecast period (2019–2024).

The report covers segmentations and drivers for a better glimpse of the market in the coming years. The cutting tools ensure effective manufacturing of critical and intricate components with ease and utmost precision. These cutting tools form an indispensable aspect of machine tools that are either numerically or conventionally controlled. The cutting tool inserts are used in applications, such as threading, milling & shearing, parting & grooving and drilling & boring. The growth of the cutting tools market is driven by various factors such as growing demand from various industry verticals such as automotive, aviation, and oil and gas and growing market for high-speed steel cutting tools. However, the growth of the market can be hindered due to the lack of skilled labor and high cost of titanium carbide alloy tools and other cutting tools.

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Competitive Analysis

Some of the prominent players in the global metal cutting tools market are Hartmetall-Werkzeugfabrik Paul Horn GmbH (Germany), Zhuzhou Cemented Carbide Cutting Tool Co. Ltd (ZCCCT) (China), Kennametal Inc. (US), OSG Corporation (Japan), ISCAR LTD (Israel), MAPAL Dr. Kress KG (Germany), Makita Corporation (Japan), Robert Bosch GmbH (Germany), Stanley Black & Decker, Inc. (US), Klein Tools, Inc. (US), ICS Cutting Tools, Inc. (US), Snap-on Incorporated (US), Hilti Corporation (Schaan, Liechtenstein), Sandvik AG (Sweden), Ingersoll Cutting Tools (US), FRAISA SA (Switzerland), KYOCERA Cutting Tools Group (Japan), Asahi Diamond Industrial Co. Ltd. (Japan), J SCHNEEBERGER Maschinen AG (Switzerland), Vollmer (Germany), CERATIZIT Group (Luxembourg), and Koki Co. Ltd. (Japan).

Koki Holdings Co., Ltd invests in developing new products and technology, improving its distribution network, and enhancing its digital capabilities to market its products over the next few years with the objective to gain higher returns on its invested capital. It focuses on acquisitions to increase its global footprint. For instance, the company strategizes on forming strategic alliances with the global start-ups for improving its position in the cutting tools market.

Robert Bosch GmbH is consistently expanding its product range of professional garden tools, cutting tools, and others. It focuses on investing in product development and product launches to extend its product line and offer competitive power tools to clients, all over the world. The company focuses on developing new solutions, with focus on improving overall performance. It strategizes to form cordial relationships with many large companies who enable it to accelerate its growth by delivering a value proposition aligned with the customer’s needs.

Segmental Analysis

The global metal cutting tools market is segmented based on tool type, material type, application, and region. On the basis of tool type, the global market has been segmented into solid round tools and indexable inserts. On the basis of material type, the global market in this report has been segmented into cemented carbide, high speed steel, stainless steel, ceramics, polycrystalline diamond, cubic boron nitride, and exotic materials. On the basis of application, the global market has been segmented into automotive, aerospace & defence, construction, electronics, oil & gas, power generation, wood cutting, die and mold, and others.

On the basis of tool type, the solid round tool segment is projected to witness significant growth during the forecast period due to the growing adoption of solid round tool for various industrial applications, such as solid carbide drilling, milling, HSS tapping, reaming and threading. Hence, the high versatility and adaptability of the solid round tools are expected to drive the solid round tools segment during the forecast period.

On the basis of material type, the high speed steel segment is experiencing a phenomenal growth over the forecast period. The high-speed steel (HSS) is widely used in cutting tools, such as, drills, taps, milling cutters, tool bits, gear cutters, saw blades, planer and jointer blades, and router bits. High speed steel tools are the most popular for the use in woodturning, as the speed of movement of the work past the edge is relatively high for handheld tools, and HSS holds its edge far longer than high carbon steel tools can. Due to such features, the high-speed steel segment in the global cutting tools market is projected to witness robust growth during the forecast period.

On the basis of application, the aerospace & defense segment was the second largest market in 2018 and is projected to witness a significant growth during the forecast period. The high advancements in the aerospace & defense and the growing budget investment in the major economies are expected to propel the demand of cutting tools in the aerospace & defense applications.

Regional Analysis

Geographic analysis of the global metal cutting tools market spans across Americas, Europe, Asia Pacific (APAC), and Middle East & Africa

In 2018, Asia-Pacific was the leading market with a market value of USD 6,127.3 million. The regional market value is expected to reach USD 9,730.5 million by 2024 with an impressive 8.12% CAGR during the forecast period.

In 2018, Asia-Pacific dominated the global cutting tools market with 38.6% market share. Rapid growth in the construction and manufacturing in countries such as China, India, and South Korea is expected to increase the demand for cutting tools in the coming years. Moreover, the region is home to one of the largest manufacturing industries for machine tools, automotive, electronics, consumer products and others, globally. Hence, the region is expected to witness the highest CAGR of 8.12% and retain its leading position in the global market during the forecast period.

South Africa, the UAE, and Saudi Arabia are the major contributors of the cutting tools market in the Middle East & Africa. They account for most of the construction and manufacturing activities in the region. Moreover, there is an increasing scope for the growth of the oil and gas industries, which is among the key factors driving the cutting tools market in the region during the forecast period.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

sales@marketresearchfuture.com