swati tamhankar

In 2017, based on vehicle type, the off road vehicle segment dominated the automotive hydrostatic fan drive system market in terms of revenue. However, the train, metro and tram segment is expected to grow at the highest CAGR during the forecast period (2018‐“2025).

The proximity and displacement sensors are further categorized into inductive, capacitive, ultrasonic, photoelectric, magnetic, and LVDT.

Asia-Pacific Proximity and Displacement Sensors Market is expected to garner $1.8 billion by 2020, registering a CAGR of 10.2% during the forecast period 2015-2020. Proximity sensors detect the existence of objects of interest in the vicinity of the sensor. Absolute displacement as well as relative displacement of objects can be measured using displacement sensors.

Emerging markets such as China, India, and Brazil are potential markets. However, high cost of installation could restrain the market growth. However, the development of environment-friendly and cost-effective conveyor systems would create market opportunities.

Global conveyor system market has been witnessing a steady growth across the world on account of growing automation trends among the manufacturing industries. Recent boom in e-commerce has emerged as a boon for the industry with widespread demand for process automation across the world.

The IP video surveillance market is currently undergoing an evolutionary phase in developing countries. On the other hand, in developed countries, the analogue surveillance systems are being actively replaced by IP surveillance systems, owing to increasing demand of advanced workplace surveillance solutions amongst business organizations.

IP video surveillance revolutionized the video surveillance industry by offering high level of flexibility and scalability features in comparison to the CCTV and other conventional surveillance systems.

Energy Storage Systems are equipment that can efficiently and conveniently store multiple forms of energy that can be utilized as per requirement, for example lithium ion batteries.

The report focuses on current market trends and future growth opportunities of energy storage systems, in various end-user industries such as grid storage and transportation. Furthermore, it provides insights on various technologies available for storage for wide range of energy types.

Baby boomers aged between 51 and 69 years dominate luxury travel market, primarily on account of the relatively higher number of annual visits, higher disposable income and savings, priority to ‘travel’ in this age group, and fewer health constraints as compared to silver hair population (69 and above years’ age group).

The luxury travel industry has emerged as one of the fastest growing sectors to contribute significantly to global economic growth and development.

The report segments the global small wind power market based on type, installation type, application, and geography.

Small Wind Power Market size was valued at $3,805 million in 2015 and is expected to reach $8,874 million by 2022, registering a CAGR of 13.2% during the forecast period. Small wind turbines comprises a wide range of wind turbines ranging from micro turbines, to residential turbines and mini turbines. The wind turbines used in these end use applications have power ratings ranging from a few watts to thousand watts

edible packaging market was valued at $697 million in 2016, and is projected to reach at $1,097 million by 2023, growing at a CAGR of 6.81 % from 2017 to 2023. Europe is expected to be the leading contributor to the global edible packaging market, followed by North America and Asia-Pacific.

Global Edible Packaging Market was valued at $697 million in 2016, and is projected to reach $1,097 million by 2023, growing at a CAGR of 6.81% from 2017 to 2023.

The global market is expected to witness considerable growth due to high adoption of ETC systems globally. The market growth in North America is driven by increase in production of automobiles. Moreover, higher penetration of passenger cars in this region, owing to development of road infrastructure, propels the market growth. In addition, the federal government is investing heavily for infrastructural development; for instance, since 2000, investors have funded toll projects worth $36 billion in Colorado, Florida, Texas, and Virginia. Furthermore, highways are being upgraded with all electronic toll systems in the developing regions such as Asia-Pacific and LAMEA, providing better service plazas.

An electronic toll collection (ETC) system enables electronically charging a toll to an established customer account through real-time tracking and monitoring system. It allows vehicles to pass through a toll without requiring to stop at the toll center. The global electronic toll collection market is expanding rapidly to cater to the growing demands of safety and efficiency of transportation infrastructure. Technological advancements in this industry and increase in government investments on toll lanes drive the growth of the market.

The steering system type segments, namely electronic power steering, hydraulic power steering, and electro-hydraulic power steering are covered under the scope of this report. The vehicle type segment includes heavy commercial vehicles, light commercial vehicles, and passenger vehicles. Based on geography, it is segmented into North America, Europe, Asia-Pacific, and LAMEA.

The automotive steering system market is projected to hold potential growth opportunities in the future. The automobiles having power steering system are expected to witness high demand. The electric and hybrid electric vehicles with new technologies such as drive-by-wire are anticipated to increase the demand of steering systems during the forecast period. However, the high cost associated with power steering system could hamper the market growth.

Nitrogen oxide (NOx) control systems are used to control and reduce harmful nitrogen oxide emissions released from various sources such as automobiles, power plants, cement industry, and others.

Nitrogen oxide (NOx) is an umbrella term used to refer to species of oxides of nitrogen, such as nitric oxide (NO) and nitrogen dioxide (NO2).

PLC has the ability of proposing the data rate, performance, flexibility, consistency, and cost-efficiency required to support whole-home multimedia networking.

The global power line communication (PLC) systems market is expected to witness significant growth in the near future owing to increase in need for power management technologies.

They increase comfort level of passengers by providing better air circulation and offering superior brightness and illumination during daytime. Original equipment manufacturers (OEMs) have started offering panoramic, inexpensive pop-up sunroofs or optional sunroof systems and other spoiler-type small sunroofs to mid segment cars in addition to luxury or premium vehicles.