Tuesday, 31 May 2022

Saudi Arabia Automotive Interior Market to be dominated by Passenger Car through 2027

The high demand for luxury vehicles and the rise in safety concerns among consumers are driving the demand of Saudi Arabia automotive interior market in the forecast period, 2023-2027.



According to TechSci Research report, Saudi Arabia Automotive Interior Market By Region, Competition Forecast & Opportunities, 2027, the Saudi Arabia automotive interior market is expected to witness robust CAGR in the forecast period, 2023-2027. The growing focus of automobile manufacturers on driver safety and convenience and the need to optimize the fuel efficiency in an automobile are primarily driving the demand for the Saudi Arabia automotive interior market. The automotive interior component includes automotive seats, an infotainment system, interior lighting, a door panel, and others that are installed to provide comfort, sound insulation, and grip while driving an automobile. The adoption of advanced seating systems, smart lighting systems in automobiles, and the high-end investments in developing comfortable and convenient interiors are expected to boost the growth of the Saudi Arabia automotive interior market in the forecast period.

However, fluctuations in the prices of raw materials and the high manufacturing costs may restrain the Saudi Arabia automotive interior market growth in the forecast period.

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The Saudi Arabia automotive interior market is segmented into vehicle type, component, material, regional distribution, and competitive landscape.

Based on vehicle type, the market is divided into passenger Car, LCV, and M&HCV. The passenger car segment is expected to capture the highest market share over the forecast period. The increased preference for private vehicle ownership and the high disposable income of consumers are driving the demand for passenger cars. The majority of automobile manufacturers use advanced techniques and technologies to manufacture automotive interior components. They are integrating advanced automotive interior components to enhance the functionality of passenger cars.

The commercial vehicle segment is expected to witness the fastest incremental growth in the forecast period. The rise in the investments by the leading authorities for the development of the industries is fueling the economic activities in the country. Also, the growing popularity of e-commerce channels owing to the high internet penetration and proliferation of smart devices is boosting the demand for lightweight and heavyweight commercial vehicles. The growing demand for commercial vehicles is expected to propel the demand for automotive interior components over the next five years.

Based on components, the market is divided into the center stack, display, seat, door panel, headliner, interior lightings, dome module, infotainment system, and others. The seat is expected to capture the highest market share in the forecast period. Seats are an essential part of any passenger car and commercial vehicle. The demand for seats is increasing rapidly due to the rise in the production and sales of automobiles and the massive demand from consumers for higher comfort and luxury. The automotive seats are essential for any automobile to enhance the driving and passenger experience. The market players are continuously investing in the technological evolution and are coming up with advanced seats that support smart technology and can be customized according to customers' needs. 

Based on material, the market is divided into leather, fabric, plastic, glass, wood, and fiber. The fiber segment is anticipated to account for a significant market share in the forecast period as the majority of the automotive interior components, such as doors, headliners, and dashboards, are made up of fiber. They are light in weight, have low impact resistance and cost, and are less brittle. They can be molded in a variety of shapes and therefore are preferred by manufacturers to manufacture automotive interior components.

Major market players operating in Saudi Arabia automotive interior market are:

  • Robert Bosch GmbH
  • Continental AG
  • Denso Corporation
  • Panasonic Corporation
  • Magna International Inc.
  • Lear Corporation
  • Faurecia S.A.
  • Visteon Corporation
  • Yanfeng Automotive Interiors
  • Faurecia SE

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“With the rise in environmental concerns and the need to develop sustainable development, the government is promoting the use of electric vehicles across the country. The government has said at least 30% of cars should be electric by 2030 and aims to achieve net-zero emission by 2060. Also, the government has agreed to buy between 50,000 and 100,000 electric vehicles in ten years from Lucid Motors, which is part-owned by the Kingdom’s Public Investment Fund (PIF). The high sales of the electric vehicles are fueling the demand for the light-weight and plastic automotive interior components, which is expected to propel the growth of Saudi Arabia automotive interior market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Saudi Arabia Automotive Interior Market By Vehicle Type (Passenger Car, LCV, M&HCV), By Component (Center Stack, Display, Seat, Door Panel, Headliner, Interior Lightings, Dome Module, Infotainment System Others), By Material (Leather, Fabric, Plastic, Glass, Wood, Fiber, etc.), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of Saudi Arabia automotive interior market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia automotive interior market.

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Global Aircraft Indicator Market Size, Share, Growth & Forecast 2026

 Global aircraft indicator market is anticipated to project a robust growth in the forecast period, 2016-2026 with an impressive CAGR value on the account of increasing concerns related to aircraft accidents. Also, rapidly increasing demand for the well versed information during flights is further aiding the global aircraft indicator market growth.



Aircraft indicators are the instruments installed in the aircrafts to gather and provide the integral information like aircraft's flight attitude, turn coordinates, and vertical speed, etc. They are located in the cockpit of the aircraft for the pilot and copilots to monitor the parameters while flying the aircrafts. Two different types of indicators are available in market based on the type of aircraft they are used in. Military grade indicators are specifically designed to monitor the parameters even during the combat situations.

Fleet Size Demands Support Market Growth

Rising number of aircrafts is actively driving the growth of the global aircraft indicator market in the upcoming five years. Market players of aircraft manufacturers are rapidly increasing and the number of aircrafts a particular company owns is aiding the growth of the global aircraft indicator market in the next five years. Demand for higher fleet sizes from the airlines to increase their commercial sector is also aiding to the growth of the global aircraft indicator market. Technologically advanced indicator system is demanded for the better and efficient flight management. Increasing education regarding safe flights are further aiding the growth of the global aircraft indicator market in the next five years. Market players that are devoted toward making advanced equipment for the aircrafts are actively invested in extended research for the technologically advanced aircraft indicator. They promise to bring in the technical systems that ensure safe flights and safety of the passengers along with the pilots convenience in flying the aircraft.

Evolving Tourism Industry Driving Market Growth

After the COVID-19 pandemic, travel and tourism sector has been reinstated and in-bound and out bound tourism is further increasing and thus supporting the growth of the global aircraft industry market in the upcoming five years. Evolving tourism industry is affirming the growth of the global aircraft indicator market in the future five years with increasing number of regular travelers. Moreover, rapidly increasing business ventures, and globalization of the countries is further supporting the growth of the global aircraft indicator market since the demand for the airlines and thus the aircrafts is substantiating the growth of the global aircraft indicator market in the forecast years. Increase in the number of commercial passengers who are travelling to meet their family and friends in the different parts of the world after the pandemic is also driving the growth of the global aircraft indicator market. Rapidly increasing disposable income among the population due to lack of traveling and savings due to lack of extra expenses during pandemic situation has left the younger population mostly, with large disposable income. The population is highly inclined toward utilizing their financial sources for traveling now since the restrictions and regulations have been relaxed.

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Military Aircraft Demand Booms Market Growth

Countries that are often under the threat of war or are about to face war in recent times are actively supporting their military and defense industry. Modern day military aircraft systems are an integration of a large number of sub-systems and components. Military aircraft indicator systems have different reliability characteristics and different probability distributions governing their failure rates. Space constraints and structural layout of the military aircraft govern the position of each component. The accessibility, reliability, and snag diagnostic-ability of these aircraft indicators determine the maintenance of the aircraft. Due to obvious reasons, military aircrafts are highly relied on the best functioning of the aircraft indicators. Failures under any circumstances would not only be dangerous for the lives of the fighter plane pilots, but also it may affect the war situations drastically.

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The global aircraft indicator market is segmented on the basis of type, aircraft type, demand category, competitional landscape, and regional distribution. Based on type, the market is further fragmented into speed indicator, turn indicator, altitude indicator, and others. On the basis of aircraft type, the market is divided between commercial and military. Based on demand category, the market is also segmented into OEM and replacement. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region.

LX navigation d.o.o., M.A.V. AVIONIC SRL, Baocheng Group, Garmin International, Inc, Mid-Continent Instruments & Avionics, Inc, Mikrotechna Praha a.s, Sigma Tek, Inc, Suzhou Changfeng Instruments Co. Ltd, TruTrak Flight Systems, Inc., Aerosonic Corporation, are among the major market players in the global platform that lead the market growth of the global aircraft indicator market.

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United Kingdom Crop Protection Chemicals Market Driven By Biological Pesticides by 2027

 United Kingdom Crop Protection Chemicals Market may flourish with growing demand for food security during the forecast period.



According to TechSci report on, “United Kingdom Crop Protection Chemicals Market - By Region, Competition Forecast & Opportunities, 2027” United Kingdom crop protection chemicals market may flourish with an impressive CAGR during the forecast period of 2023-2027, on the backbone of increasing demand for the substances to save crop from destruction. Increasing population of bugs, insects, pests etc. create havoc and destroy the crops on a large scale. Seasonal shifts in the population of the insects further triggers the crop destruction. The demand to save the crops from mass destruction drives the growth of the United Kingdom crop protection chemicals market in the upcoming five years. Growing population of the country further demands for the higher yields of the crop. Demand for food security for all the population along with providing nutritive high value food and organic food demands further support the growth of the United Kingdom crop protection chemicals market in the next five years. Decreasing arable lands, decreasing cultivable lands due to increased construction of residential, industrial building further drives for the higher yields of the existent crops, thereby aiding to the growth of the United Kingdom crop protection chemicals market in the future five years. Total land area where crops can be grown in the United Kingdom in the year 2021 was 6.02 million hectares. Out of which 4.48 million hectares are actually used for agriculture practices.

Increasing investment in the agricultural industry along with the further expansion of the agriculture sector, increasing imports and exports further facilitates the growth of the United Kingdom crop protection chemicals market in the forecast years through 2027. Furthermore, government support, favorable tax incentives along with the supportive schemes for the farmers are expected to further substantiate the growth of the United Kingdom crop protection chemicals market in the forecast period.

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The United Kingdom crop protection chemicals market is segmented by origin, product type, form, mode of application, crop type, competitional landscape, and regional distribution. Based on origin, the market is differentiated between synthetic and bio-based. Synthetic chemicals may lead the segment for future years and hold the larger shares of the market in the upcoming five years due to increasing demand for the higher yielding food crops. Although the population is growing concerned for the organic and healthier alternatives of food thereby supporting the significant growth of the bio-based products. Surging demands for organic food, healthy diets, and increasing demand for higher yielding crops support the growth of the United Kingdom crop protection chemicals market in the future five years.

By product type, the market is further segmented into fungicide, insecticide, nematicide, herbicide, and others. Insecticides are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the ground of their extensive use during staple crop cultivation as these crops are largely attacked by insects. Based on form, the market is divided between dry and liquid. By mode of application, the market is further fragmented into foliar spray, seed treatment, soil treatment, and others. Based on crop type, the market is bifurcated into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among London, East Anglia, Southwest, Southeast, Scotland, East Midlands, and Yorkshire & Humberside.

A partial list of major market players of the United Kingdom crop protection chemicals market includes :

  • BASF UK Limited
  • Bayer UK Limited
  • Syngenta (UK) Limited
  • Nufarm UK Limited
  • Sumitomo Chemical (UK) Plc.
  • FMC Agro UK
  • PelGar International Limited

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“Increased investment and advancement in the fertilizers and crop protection chemicals drive the growth of the market. Growing acceptance of modern farming techniques further supports the growth of the market in the recent years. Consistent advancement and evolution in the crop protection techniques against pests/ insects/ weeds is further expected to propel the market over the next few years. Additionally, key manufacturers are also setting up their manufacturing units in the country that is anticipated to further support the growth of the United Kingdom crop protection chemicals market. Increasing number of the market players in the country dedicated toward providing advanced and new line of products launching in the industry further support the market growth. New market players are advised to focus on the investing their resources and finances in evolving their research as well as product development to establish their brand in the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

United Kingdom Crop Protection Chemicals Market By Origin (Synthetic v/s Bio-Based), By Product Type (Fungicide, Insecticide, Nematicide, Herbicide, Others), By Form (Dry v/s Liquid), By Mode of Application (Foliar Spray, Seed Treatment, Soil Treatment, Others), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), By Region, Competition Forecast & Opportunities, 2027 has evaluated the future growth potential of United Kingdom crop protection chemicals market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United Kingdom Crop protection chemicals market.

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Singapore Bunker Fuel Market to grow at Significant Rate through 2027

 High-end investments in research & development activities by market players and rise in offshore exploration & production of hydrocarbon are expected to drive the demand of Singapore bunker fuel market through the forecast period, 2023-2027.



According to TechSci Research report, Singapore Bunker Fuel Market By Type (High Sulfur Fuel Oil, Low Sulfur Fuel Oil, Marine Gasoil, and Others), By Commercial Distributor (Oil Majors, Large Independent, and Small Independent), By Application (Container, Bulk Carrier, Oil Tanker, General Cargo, Chemical Tanker, Fishing Vessels, Gas Tankers, and Others), By Region, Competition Forecast & Opportunities, 2027, the Singapore bunker fuel market is expected to witness a growth of steady CAGR in the forecast period, 2023-2027. Transportation of essential commodities using marine routes and the imposition of strict environmental regulations are the primary factors driving the demand for clean bunker fuels across the country. An increase in hydrogen resource development in offshore areas and growing bunker requirements in crude oil and product tankers is putting a significant impact on the growth of the Singapore bunker fuel market in the next five years.


Bunker fuel is an oil loaded into bunker tanks that is to be used as fuel, which is as different from oil carried as cargo. Bunker oil is poured into ship bunkers to power the engines. Bunker oil contains contaminants and metals that can cause corrosion in commercial ships, cargo, and cruise ships. Sometimes, it can lead to environmental hazards in case of spillage. Bunker oil is a kind of residual fuel of high viscosity used in stationery and marine power plants. Bunker oil is divided into three main categories including, high sulfur fuel oil, low sulfur fuel oil, and diesel oil.


However, the initiatives taken by shipping companies to lower the fuel usage and intense competition among the regional market players may restrain the Singapore bunker fuel market growth in the forecast period.


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Singapore bunker fuel market is segmented into type, commercial distributor, application, regional distribution, and company.

Based on type, the market is divided into high sulfur fuel oil, low sulfur fuel oil, marine gasoil, and others. Low sulfur fuel oil is dominating the market and is expected to maintain its dominance throughout the forecast period, 2023-2027. Imposition of the regulations and strict sulfur regulations are expected to drive the demand for affordable low sulfur fuel oil.


Based on the commercial distributor, the market is divided into oil majors, large independent, and small independent. Oil majors are expected to capture the largest market share in the forecast period. Ongoing technological advancements and improving international trade activities are expected to demand bunker fuel to support maritime activities.  


Based on application, the market is divided into the container, bulk carrier, oil tanker, general cargo, chemical tanker, fishing vessels, gas tankers, and others. The container segment is expected to account for a significant market share in the forecast period. The surge in demand for transportation of oil and oil-based products and growing trade-related agreements in the country is boosting the demand of the Singapore bunker fuel market. Also, rapid globalization and increase in industrial transportation coupled with import and export activities are expected to accelerate the Singapore bunker fuel market growth through the forecast period.


Major market players operating in the Singapore bunker fuel market are:

·         ExxonMobil Corporation

·         BP Singapore Pte Ltd.

·         Total S.A.

·         Royal Dutch Shell plc.

·         Neste Oyj

·         Saudi Arabian Oil Company

·         Marathon Petroleum Corporation

·         Valero Energy Corporation

·         Pemex

·         OAO Gazprom

·         China Petroleum & Chemical Corp (Sinopec Corporation)


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“Drastic changes in sulfur emission policies, rise in maritime activities, and growing investments in the oil & gas industry are influencing the demand of the Singapore bunker fuel market in the forecast period. Market players are advised to invest in R&D activities and improve the availability of marine bunker fuel to meet the growing requirements and stay ahead in the market. Also, rapid technological development in the oil & gas industry is expected to accelerate the exploration at deep offshore locations, which is expected to propel the Singapore bunker fuel market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a global research-based management consulting firm.


Singapore Bunker Fuel Market By Type (High Sulfur Fuel Oil, Low Sulfur Fuel Oil, Marine Gasoil, and Others), By Commercial Distributor (Oil Majors, Large Independent, and Small Independent), By Application (Container, Bulk Carrier, Oil Tanker, General Cargo, Chemical Tanker, Fishing Vessels, Gas Tankers, and Others), By Region, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of Singapore bunker fuel market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of Singapore bunker fuel market.


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Monday, 30 May 2022

Saudi Arabia Automotive Repair and Maintenance Services Market by 2027

 Rise in roads safety awareness among consumers and growing automotive industry are expected to drive the demand for Saudi Arabia automotive repair and maintenance services market in the forecast period, 2023-2027.



According to TechSci Research report, Saudi Arabia Automotive Repair and Maintenance Services Market By Service Type (Repair and Maintenance), By Vehicle Type (Two-Wheeler, Passenger Car, LCV, and M&HCV),By Service Area (Automotive Mechanical and Electrical Parts, Automotive Body Parts, Tire, Paint, Interior Parts, Glass, Others), By Service Provider (Automobile Manufacturers, Franchise General Repairs, Locally Owned Repair Shops), By Channel (Online, Offline), By Region, Competition Forecast & Opportunities, 2027, the Saudi Arabia automotive repair and maintenance services market is expected to grow at an impressive rate in the forecast period, 2023-2027. Increasing demand for pre-owned cars and growing awareness about the importance of the automotive repair and maintenance services market are the primary factors driving the demand for Saudi Arabia automotive repair and maintenance services market. The majority of market players do not offer a complete set of automotive repair and maintenance services, which allows the local market players to invest in the market by providing improved and complete services to customers.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Saudi Arabia Automotive Repair and Maintenance Services Market"

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The Saudi Arabia automotive repair and maintenance services market is segmented into service type, vehicle type, service area, service provider, channel, regional distribution, and company.

Based on vehicle type, the market is divided into two-wheeler, passenger car, LCV, and M&HCV. Passenger cars are expected to account for the largest market share in the forecast period as they are the common mode of transportation in Saudi Arabia. The introduction of electric cars in the market and the increased use of advanced technologies to enhance vehicle performance is expected to bolster the demand for automotive repair and maintenance service for passenger cars.

Based on the service area, the market is divided into automotive mechanical and electrical parts, automotive body parts, tire, paint, interior parts, glass, others. The tire segment is expected to capture the largest market share in the forecast period. Increased automobile sales and the average life of vehicles are accelerating the demand for automotive repair parts and maintenance. The tires experience frequent wear and tear due to long hours of traveling and extreme weather conditions in Saudi Arabia, thereby requiring the need to replace the tires to ensure the smooth functioning of automobiles. Also, market players are offering custom tire repair and maintenance services to customers, which is expected to influence the market demand.

Based on the service provider, the market is divided into automobile manufacturers, franchise general repairs, locally owned repair shops. Automobile manufacturers are expected to hold the dominant market share in five years. The growing focus of manufacturers on vehicle safety and the rise in vehicle ownership is driving the demand for quality original automotive parts. Also, they provide warranty and use advanced raw materials for manufacturing which are some of the other reasons for the high demand for automobile manufacturers for servicing and maintenance.

Based on the channel, the market is bifurcated into online and offline. The offline segment is anticipated to account for significant market share in the next five years.

Major market players operating in Saudi Arabia automotive repair and maintenance services market are:

  • Abdul Latif Jameel IPR Company Limited
  • SMC Auto Service Broker LLC
  • Ezhalha
  • E.A. Juffali & Brothers (Juffali Automotive Company)
  • Al Jazirah Vehicles Agencies Co. Ltd.
  • Petromin Corporation
  • Al Jomaih Group (ACDelco Service Centers)
  • Haji Husein Alireza & Co. Ltd.
  • Mohamed Yousuf Naghi & Brothers Group
  • Aljabr Group

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“Major markets are advised to invest in research and development to find advanced solutions and upgrade the existing techniques and services to capture the largest market share in the forecast period. The adoption of advanced technologies by the market players such as Big Data analytics and automotive diagnostic tools are aiding the service providers in predictive maintenance of vehicles. Also, the advent of augmented reality apps helps analyze the vehicles to understand the difficult repair demand and improve their services. Rapid digital transformation of the automotive industry and availability of reliable and affordable services are expected to propel the Saudi Arabia automotive repair and maintenance services market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Saudi Arabia Automotive Repair and Maintenance Services Market By Service Type (Repair and Maintenance), By Vehicle Type (Two-Wheeler, Passenger Car, LCV, and M&HCV),By Service Area (Automotive Mechanical and Elect rical Parts, Automotive Body Parts, Tire, Paint, Interior Parts, Glass, Others), By Service Provider (Automobile 3Manufacturers, Franchise General Repairs, Locally Owned Repair Shops), By Channel (Online, Offline), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of Saudi Arabia automotive repair and maintenance services market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia automotive repair and maintenance services market.

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UAE Automotive Sensors Market to be dominated by Position Sensor till 2027

 Decline in the sensor price and growing popularity of autonomous vehicles is expected to drive the demand of UAE Automotive Sensors Market in the forecast period, 2023-2027.  



According to TechSci Research report, UAE Automotive Sensors Market By Region, Competition Forecast & Opportunities, 2027, the UAE automotive sensors market is expected to witness steady growth in the forecast period, 2023-2027. Sensors are considered an essential part of automobiles to support the safe, comfortable, and economic operation of vehicles. The automotive applications face extreme conditions like hot, cold, or continuous vibration in vehicles and create the demand for the development of advanced and reliable automotive sensors. Automotive manufacturers are actively using the automotive sensors in the vehicles to provide several functions in vehicles, such as the integration of autonomous emergency braking systems in commercial vehicles to boost the safety and security of the consumers. There is an increase in demand for intelligent sensors in vehicles which allows automotive manufacturers to provide drivers with a high level of security and information and entertainment features in automobiles. 

However, concerns regarding cybersecurity risks in autonomous vehicles and the high cost of automotive sensors may restrain the UAE automotive sensors market growth in the forecast period.

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The UAE automotive sensors market is segmented into sensor type, vehicle type, application, technology, regional distribution, and competitive landscape.

Based on sensor type, the market is divided into temperature sensor, pressure sensor, oxygen sensor, position sensor, motion sensor, torque sensor, optical sensor, others. The position sensor segment is expected to capture the largest market share in the forecast period. The growing popularity of autonomous vehicles and autopilot applications in vehicles are expected to influence the market demand. Position sensors are actively installed in automobiles as they have become integral parts of automobiles to ensure the functioning and safety of all vehicle components. Also, the rise in focus of consumers for better comfort and safety and the improved standard of living makes the consumers invest in advanced technologies in passenger cars and commercial vehicles.

Based on vehicle type, the market is bifurcated into passenger cars and commercial vehicles. The commercial vehicles segment is expected to account for a significant market share in the forecast period due to the ongoing developments in the transportation and logistics industry. The government is launching plans and projects aiming to spur infrastructure development and construction activities in UAE, which is expected to boost the demand for commercial vehicles in the country. The growing usage of online sales channels by the consumers owing to high internet penetration and proliferation of smart devices are expected to contribute to the segment growth.

Based on application, the market is divided into ADAS, chassis, powertrain, others. The powertrain segment is dominating the market and is expected to maintain its dominance throughout the forecast period. The powertrain uses several kinds of sensors, including the position, pressure, gas, speed, and temperature sensors. These sensors are required to ensure the efficient performance of the vehicles. Also, the stringent emission regulations and the high demand for fuel-efficient vehicles are expected to accelerate the adoption of automotive sensors in the powertrain.

Major market players operating in the UAE automotive sensors market are:

  • Robert Bosch GmbH
  • Infineon Technologies AG
  • Continental AG
  • Denso Corporation
  • BorgWarner Inc. (Delphi Technology)
  • CTS Corporation
  • Hitachi Automotive Systems
  • Sensata Technologies
  • Aleph Automotive Sensors
  • Maxim Integrated

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“UAE boasts of one of the best road infrastructures and witnesses many road accidents due to the presence of 6 lane roads and vehicles driving at high speeds. The government has implemented stringent road safety regulations to lower the occurrence of road accidents and ensure the safety of passengers. The launch of 'SCOOT' by the government is a type of central traffic control system that uses sensors to control vehicles flow to regulate the traffic flow at main junctions. Automakers use sensors to reduce the collision between vehicles and provide driver assistance systems in automobiles. The growing road safety awareness among consumers is fueling the demand for luxury and premium vehicles, which is expected to propel the UAE automotive sensor market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

 

UAE Automotive Sensors Market By Sensor Type (Temperature Sensor, Pressure Sensor, Oxygen Sensor, Position Sensor, Motion Sensor, Torque Sensor, Optical Sensor, Others), By Vehicle Type (Passenger Car, Commercial Vehicle), By Application (ADAS, Chassis, Powertrain, Others), By Technology (MEMS, Non-MEMS), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of UAE automotive sensors market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE automotive sensors market.

 

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Friday, 27 May 2022

France Diagnostic Labs Market to be Dominated by Pathology Tests till 2027

 Increased investments in the healthcare industry and the growing disposable income of consumers are expected to drive the demand for France Diagnostic Labs Market in the forecast period, 2023-2027.



According to TechSci Research report, France Diagnostic Labs Market By Region, Competition Forecast & Opportunities, 2027, the France diagnostic labs market is expected to witness steady growth in 2023-2027. The rise in the geriatric population and favorable government policies supporting the healthcare industry is expected to drive the France diagnostic labs market demand. The old-age population holds a major share of the country's total population, and they are prone to get infected by a number of diseases. They require the services of diagnostic labs to detect the presence of various infectious and non-infectious diseases. France has a robust healthcare system, and it attracts local and international medical tourists. The rise in the number of public and private market players in the market offering diagnostic services at affordable rates is attracting the patients to conduct tests to maintain an individual's health. Also, the ongoing digitalization trend of the diagnostic labs and the adoption of robotic platforms, automated tools, mobile applications, and data analytics solutions across the value chain of diagnostic laboratories are expected to create lucrative growth opportunities for the France diagnostic labs market in the forecast period.

However, the unclear reimbursement policies and stringent regulatory policies may restrain the France diagnostic labs market growth for the forecast period.

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The France diagnostic labs market is segmented into provider type, test type, end user, regional distribution, and competitive landscape.

Based on provider type, the market is divided into hospital, stand-alone centre and diagnostic chains. The hospital segment is expected to hold the largest market share in the forecast period. France has an excellent healthcare system that offers universal coverage for all of its citizens independent of age or economic capability. It includes the integrated network of public and private services such as hospitals, doctors, and specialist service providers. The residents are provided with mandatory health insurance coverage with optional private insurance coverage for those residents who want additional coverage. France has a large number of public hospitals in comparison with private hospitals and diagnostic labs, due to which patients prefer to visit public healthcare facilities for diagnostic tests and procedures.

Based on test type, the market is divided into radiology v/s pathology. The pathology segment is expected to account for a significant market share in the forecast period. The surge in the number of health-conscious people is positively impacting the market demand as they require regular medical health check-ups. Pathology tests are the initial tests performed to diagnose the presence of diseases and are repeated several times even after detecting the disease.

Based on end user, the market is divided into corporate clients, walk-ins, and referrals. The referrals segment is dominating the market and is expected to maintain its dominance through the next five years. Patients prefer to visit doctors to get initial advice and based on their recommendation; they avail the services of diagnostic labs. The high number of patients visiting the diagnostic labs based on doctor advice contributes to market growth significantly.

Major market players operating in the France diagnostic labs market are:

  • Unilabs
  • Cerba HealthCare
  • PathStore
  • Veda Lab
  • Synlab Group

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“The government has allocated massive funds for the development of the healthcare industry in France and announced several initiatives and policies to support the growth of the healthcare industry. Healthcare Innovation 2030 is a strategy taken in which around €7 billion investments will be made by leading authorities to promote the healthcare sector. The change in consumers' preference to avail services from the quality healthcare facility is boosting the market players to advance the existing hospitals and diagnostic chains to capture the highest market share. Also, the entry of private market players whose services are covered to some extent in the public insurance system and the intense competition among the market players is expected to propel the France diagnostic labs market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

France Diagnostic Labs Market By Provider Type (Hospital, Stand-Alone Centre, Diagnostic Chains), By Test Type (Radiology v/s Pathology), By End User (Corporate Clients, Walk-ins, Referrals), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of France diagnostic labs market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in France diagnostic labs market.

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Global Impact Resistant Glass Market Size, Share, Growth, Trend & Forecast 2027



 The global impact resistant glass market is projected to grow at formidable rate during the forecast period. The market growth can be attributed to the increasing demand for impact resistant glass from automotive & transportation sector. Besides, rising demand from wide applications in residential and commercial infrastructure projects and modernization in infrastructure development in emerging economies. Additionally, growing automotive production and growing applications of impact resistant glass in the buildings and infrastructure are expected to fuel the demand for impact resistant glass across the globe. Rising middle-class population and steady economic growth are anticipated to boost the global impact resistant glass market. Favourable construction trends in developing regions and rising demand for top priority security in banks, embassies, and defence buildings are expected to fuel the global impact resistant glass market in the coming years. Advances in technology in glass for protection from environmental disasters is also propelling the growth of the global impact resistant glass market. However, strict standards and guidelines on carbon emissions and less availability of raw materials are expected to restrict the growth of the global impact resistant glass market.

The global impact resistant glass market is segmented on the basis of interlayer, end user, company, and region. Based on the interlayer, the market is further divided into polyvinyl butyral, ionoplast polymer, and ethylene vinyl acetate. Based on the end user, the market is further fragmented into construction, infrastructure, automotive, transportation, and others. Asia Pacific is expected to be the largest market in impact resistant glass market followed by North America and Europe. Construction & infrastructure will be the largest end user segment in the impact resistant glass market in the forecast period.

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Some of the major players operating in the global impact resistant glass market are Asahi Glass, Saint-Gobain, Nippon Sheet Glass, Guardian Industries and Taiwan Glass, etc.

Objective of the Study:

  • To analyze and forecast market size of the global impact resistant glass market, in terms of value & volume.
  • To define, classify and forecast the global impact resistant glass market on the basis product interlayer, end user & region.
  • To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting global Impact Resistant Glass market into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
  • To identify tailwinds and headwinds for the global impact resistant glass market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions in the global impact resistant glass market.
  • to strategically profile the leading players, which are involved in the supply of impact resistant glass globally.

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TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of impact resistant glass manufacturers. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers and providers that could not be identified due to the limitations of secondary research. TechSci Research analysed interlayer, end user and regional presence of all major impact resistant glass manufacturers across the globe.

TechSci Research calculated the market size for the global impact resistant glass market using a bottom-up approach, where manufacturers’ value data for different interlayer of (polyvinyl butyral, ionoplast polymer & ethylene vinyl acetate) impact resistant glass was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective providers to arrive at the overall market size. Various secondary sources such as companies, white papers, investor presentations and financial reports were also used by the TechSci Research.

Key Target Audience:

  • Global Impact resistant glass manufacturers
  • Global Impact resistant glass providers
  • Research organizations and consulting companies
  • Organizations, associations and alliances related to impact resistant glass manufacturing
  • Government bodies such as regulating authorities and policy makers.
  • Industry associations
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as impact resistant glass manufacturers, providers & traders and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Interlayer

·         End User

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Italy; Spain; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Iraq

Key Companies Profiled

Asahi Glass, Saint-Gobain, Nippon Sheet Glass, Guardian Industries and Taiwan Glass.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global impact resistant glass market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Impact Resistant Glass Market, by Interlayer:
    • Global Impact Resistant Glass Market         
      • Polyvinyl Butyral
      • Ionoplast Polymer
      • Ethylene Vinyl Acetate
  • Impact Resistant Glass Market, by End User:
      • Construction & Infrastructure
      • Automotive
      • Transportation
      • Others
  • Impact Resistant Glass Market, by Region:
    • North America
  • United States
  • Canada
  • Mexico
  • Rest of North America
    • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
    • Asia Pacific
  • China
  • Japan
  • South Korea
  • Australia
  • India
  • Rest of APAC
    • South America
  • Brazil
  • Argentina
  • Colombia
  • Rest of South America
    • MEA
  • Saudi Arabia
  • UAE
  • Iraq
  • South Africa
  • Rest of MEA

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Pacemaker Market to Grow at a CAGR of 6.06% through 2027

 Increasing prevalence of cardiovascular diseases and technological advancement in medical devices are some key factors driving the growth of global pacemaker market.



According to TechSci Research report, Pacemaker Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global pacemaker market stood at USD5.01 billion in 2021 and is expected to grow at a CAGR of 6.06% during the forecast period on account of the growing prevalence of cardiovascular diseases and technological advancements in medical devices.

The growing demand for pacemakers from various point of care diagnostic centers, hospitals, among others, is expected to support the market growth through 2027. The growing prevalence of various cardiovascular diseases and aging population have significantly increased the patient pool worldwide suffering from these diseases. This, in turn, has significantly increased the demand for various pacemakers in all the countries. Further, increasing expenditure on the healthcare sector and availability of medical coverage are also driving the growth of the global pacemaker market. Technological advancements such as leadless pacemakers and MRI-compatible pacemakers also contribute to the market growth of pacemakers worldwide.

However, the high cost of advanced pacemakers leads to affordability constraints, especially in developing countries of Asia Pacific, South America, and the Middle East & Africa. Also, infection risk through leads and privacy concerns related to advanced pacemakers hinder the growth of the pacemaker market globally. Furthermore, the presence of alternative treatments like cardioverter defibrillators and cardiac ablation-catheters is posing a challenge for the global pacemaker market and hinders its growth during the forecast period.

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The global pacemaker market is segmented on the basis of type, technology, product type, application, end user, company, and regional distribution. In terms of type, the market can be divided into Implantable and External. The implantable pacemaker segment dominated the market in 2020 with around 82.35% because these pacemakers are long-lasting and have fewer post-operative complications than external pacemakers. In terms of technology, the market can be categorized into Dual Chamber, Single Chamber and Biventricular Chamber. The dual chamber technology is expected to dominate the market during the forecast period as it is most common and has two leads that mimic the sequential physiological contraction of the atria and ventricles. Based on product type, the market is divided into MRI Compatible and Conventional. MRI Compatible Pacemakers hold the largest share as all the pacemakers that are available in the market nowadays are MRI Compatible. Conventional Pacemakers are not used by the surgeons and physicians due to the amount of risk associated with it. In terms of application, the market can be fragmented into Arrythmias, Congestive Heart Failure and others. In terms of applications, Arrythmias dominate the market due to the growing prevalence of arrythmias conditions all over the world. Based on end user, the market can be segmented into hospitals, ambulatory surgery centers, and others. Hospitals dominate the market in terms of end users. However, due to COVID-19, the share of hospitals declined as many surgeries were postponed in 2020.

Key market players in the global pacemaker market include:

  • Medtronic Inc
  • Boston Scientific Corporation
  • Sorin Group
  • Abbott Laboratories Inc
  • Edwards Lifesciences Corporation
  • B. Braun Melsungen AG
  • Johnson & Johnson
  • Philips Healthcare
  • GE Healthcare Inc
  • Microport Scientific Corp

Medtronic Plc holds the highest market share and is among the top five market players operating in the pacemaker market globally. Boston Scientific Corporation ranks second in terms of market share in the overall pacemaker market. This can be attributed to the company’s strong presence worldwide through subsidiaries, sales offices, distributors, suppliers and other channel partners. Population in emerging countries are also aware of the presence, product portfolio and business of the company and prefer them over other competitor brands.

Additionally, there are other prominent players, such as Abbott Laboratories, Biotronik, Sorin Group, B. Braun Melsungen AG, among others, holding a significant position in the global pacemaker market.

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“The Asia Pacific region is expected to register the highest growth in the Pacemaker market during the forecast period. This can be attributed to the growing incidences of arrythmia, especially in countries like China, India, and Japan. Additionally, countries like China and India are moving towards localization, and in the coming years, it can be witnessed that a lot of domestic players are emerging out from these companies and holding significant market positions.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.

Pacemaker Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type (Implantable v/s External), By Technology (Dual Chamber, Single Chamber, Biventricular Chamber), By Product Type (MRI Compatible v/s Conventional), By Applications (Arrythmias, Congestive Heart Failure, Others), By End User (Hospitals, Cardiac Care Centers, Ambulatory Surgical Centers), By Company (2021), By Region”, has evaluated the future growth potential of global pacemakers and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global pacemaker market.

 

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Mr. Ken Mathews

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