Research Blogs

Transparency Market Research has published a new report on the global   advanced driver assistance system (ADAS) market   for the forecast period of 2019–2027. According to the report, the global advanced driver assistance system market is projected to reach ~ US$ 154 Bn by 2027, expanding at a CAGR of ~ 13% during the forecast period.   Global Advanced Driver Assistance System (ADAS) Market: Overview According to the report, the global ADAS market is anticipated to be driven by a surge in the demand for enhanced vehicle safety and comfort while driving Automotive equipped with advanced driver assistance systems, which are considered as the mainstay of autonomous vehicles and driverless cars, offer more safety to the vehicle and aids the driver in tackling hazardous road conditions, especially during long-route journeys and traffic congestion. Key automakers such as Audi, BMW, Volvo, Daimler, Toyota, General Motors, Honda, and FCA are offering vehicles equipped with

The global logistics market is a highly competitive one, states a latest market intelligence report. The vendors in the global logistics market are expected adopt several organic as well as inorganic growth strategies in order to gain momentum in the industry. Among these, leveraging the latest technological innovations is a popular scheme amongst logistics market players. The implementation and use of novel technology has significantly affected the logistics industry vendors. Some of the market’s latest techniques are Warehouse Management Systems, Global Positioning System (GPS), Transportation Management System (TMS) and Order Entering Systems, among other. During the entire shipping cycle, technological progress made it possible to monitor the item. This is because of the emergence of tracking systems such as RFID, GPS and bar code technologies. Logistics providers are using the latest technology, such as CPFR and VMI (Vendor Managed Inventory), to satisfy ever-changing customer r

The global industrial cable reels market is likely to find growth opportunities with the growing uptake of factory automation. For the purpose of storage, removal and winding of conducting cable / lift cables industrial cable reels are used. Electric cable reels have contacts for live winding power. The industrial cable reels are available as simple storage devices but more advanced styles are automatic. They also have live connections, which permit the use of an item such as a hose and an electrical cable while still on the roll. The burgeoning industrial sectors is expected to amplify demand in the global industrial cable reels market   in the coming years. Global Industrial Cable Reels Market: Notable Developments Some of notable developments that are likely to impact the global industrial cable reels market are: Trend of Customized Solutions With every industrial application having a different set of requirements, the manufacture of cable reels is witnessing a new trend

Simultaneous localization and mapping (SLAM) is the process of creating a map with the help of an unmanned vehicle or a robot that navigates the environment. Simultaneous localization and mapping is a system used in robotic cartography or robot mapping. This process uses a complex array of computations, algorithms, and sensory inputs to navigate. It allows the remote creation of geographic information system (GIS) data in circumstances where the surroundings are dangerous for humans to map. A driving factor for the global simultaneous localization and mapping (SLAM) market is rise in the adoption simultaneous localization and mapping in UAV, robots, and augmented reality applications. With the help of simultaneous localization and mapping technology, accuracy has improved significantly. The demand for simultaneous localization and mapping (SLAM) technology is projected to rise during the forecast period, due to its superior accuracy and negligible hardware requirement. Moreover, a

The global hotel and hospitality industry is witnessing continuous growth . Investment in the hospitality sector has shown an increasing trend over the last few years. With the growth in travel and tourism, demand for hotels and restaurants is increasing. This increasing demand for well managed hotels and restaurants has created requirements for a comprehensive software suite among hotel and restaurant owners that help them to manage the entire operation in an easy manner. Hotel and hospitality management solution is one such comprehensive suite that manages the day-to day operation of a hotel or restaurant. A hotel management solution/ system is an end-to-end software platform that completely automates the hotel and restaurant’s operation. It helps in managing all the operations from front desk to back office. The solution is capable of managing the entire marketing, sales. operation, HR, accounting, and finance function. Some of the key functions of a typical hotel and hospitali

The automotive turbocharger market has been forecasted for the period 2018 to 2026, based on revenue (US$ Mn) and volume (million units). This report provides forecast and analysis of the automotive turbocharger market at regional and global levels. The study highlights the drivers and restraints influencing the market. The report also highlights the opportunities in the automotive turbocharger market and underlines the technological roadmap for understanding the market. The report contains value chain analysis, which provides a comprehensive view of the global automotive turbocharger market. The Porter’s Five Forces analysis of the market has also been included, which helps understand the competitive scenario of the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and attractiveness. The study provides a decisive view of the global automotive turbocharger market by segmenting it in terms of e

According to a new market report published by Transparency Market Research “Clutch Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026”,  the global clutch market for automotive is expected to reach US$ 12 Bn by 2026, expanding at a CAGR of 4.82%, during the forecast period. The global clutch market for automotive is projected to expand at a CAGR of about 5% between 2018 and 2026, according to a new research report by Transparency Market Research (TMR). According to the report, the global market is likely to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific and Latin America are expected to be at the forefront of the global demand, with the market in the regions expanding at a CAGR of 4.84% and 4.97%, respectively, during forecast period. Rise in urbanization and increase in per capita income in different countries have been fueling the demand for vehicles globally. This, in turn, has propelled the usa

The driving apparel market in Europe has a highly fragmented vendor landscape. The top three companies in the market, comprising Dainese S.p.A., Alpinestars S.p.A., and Fox Head, Inc., held barely 27.4% of the Europe driving apparel market in 2016. This is indicative of the presence of several multinational firms and local companies in the Europe driving apparel market and intense competition influencing the market forces. Investment in product innovation is therefore considered a key strategy by market players to gain improved traction, finds Transparency Market Research (TMR) in a new study. Also a majority of the companies have aligned their strategies with technological shifts to continue offering robust solutions to their customers. Besides the aforementioned strategies, mergers and acquisitions are widely followed across the Europe driving apparel market. Strategic collaborations are most sought after as these allow companies to expand their product portfolio as well as