Demand for Cold Storage Services in Central Luzon Driven by High Production of Seaweed, Milkfish, Tilapia, Hog, Carabao, Chicken and Chicken Eggs: Ken Research

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“Soaring imports of meat from the USA, Australia and India and seafood from China, Vietnam, and Papua New Guinea positively impacted the demand for cold storage services in Central Luzon”

The report titled, “End-User Perspective in Central Luzon Cold Storage Market- Dominance of Meat and Seafood Production Albeit by Inadequate Storage Facilities and Frequent Power Outrages” by Ken Research recommends that the companies already operating cold storages or planning to begin their operations in Central Luzon can increase revenue generation by focusing on cold storage of meat, seafood, vaccines, and pharmaceuticals in their cold storage facilities. Additionally, they can incorporate advanced cold storage technologies such as RFID, WMS, blast freezers, automation and EDI which will improve the effectiveness and efficiency of operations. Moreover, the market for cold storage services in Central Luzon is projected to positively grow during the review period 2018 to 2023.

High Production of Meat and Poultry Products: The production of poultry in the Philippines was identified to be the highest for chicken and chicken eggs. They were observed to collectively account for a production volume of 2,370.6 thousand metric tons as of 2018. The other high demand for poultry products in the Philippines includes duck eggs and ducks. In the Central Luzon, major provinces for the production of chicken include Bulacan, Pampanga and Nueva Ecija which collectively accounted for 473.5 thousand metric tons as of 2018. Other leading provinces in the region include Tarlac and Bataan. Thus, the high production of meat and poultry products has positively impacted the cold storage business in the region.

Rising Prevalence of Direct and Event Marketing: It has been observed in the cold storage industry of Central Luzon that business development heads identify potential clients by preparing a directory and directly contacting the key executives such as purchasing officers to pitch for their companies’ cold storage services. They later schedule meetings to share their company profiles. In addition to this, cold storage companies have started progressing on social media platforms and improve their social marketing through events such as export exhibitions and Annual Cold Chain Expos taking place across the Philippines to attract more clients. Such events have been identified to increase the marketing progress by 30-40%.

Growing Demand for Seafood: Philippines emerged as one of the biggest traders of seafood products in the world. The country was observed to import fish and other aquatic consumables worth USD 558.08 million and export USD 421.61 million in 2018 thereby indicating high trade scenario. In the region of Central Luzon, the maximum production of fish and seafood products takes place for Seaweed, Milkfish, and Tilapia which collectively contributed 2,208.5 thousand metric tons as of 2018. Other leading categories for fish production in Central Luzon include Skipjack, Roundscad, Yellowfin Tuna, and Tiger Prawn.

Key Target Audience:-

Captive Cold Storage Companies

Logistics Companies

Cold Storage Technology Companies

Cold Chain Associations

Logistics Associations

Private Equity Firms

Venture Capitalists

Time Period Captured in the Report:-

Historical Period: 2013-2018

Forecast Period: 2018-2023E

Case Studies Covered:-

Jentec Cold Storage

Royale Cold Storage

Nestle Philippines Inc

Keywords:-

Central Luzon Cold Storage Market Overview

Central Luzon Cold Storage Market Major Players

Central Luzon Cold Transport Market

Central Luzon Third Party Logistics Market

Central Luzon Cargo and cold chain logistics

Central Luzon Cold Storage Market Segmentation

Central Luzon Cold Storage Market Revenue

Central Luzon Nestle Philippines

Central Luzon Dairy Product Storage Companies

Central Luzon Cold Storage Market

Central Luzon Cold Storage Industry

For More Information On The Research Report, Refer To Below Link:-

Central Luzon Cold Storage Market

Related Reports by Ken Research:-

Philippines Cold Chain Market Outlook To 2023 - By Service Mix (Cold Storage Market And Cold Transportation)

Indonesia Cold Chain (Cold Transport And Storage) Market Outlook To 2021 - By End Users (Meat And Seafood, Vaccines And Other Pharma Products, Bakery And Confectionary, Fruits And Vegetables And Others)

Thailand Cold Chain Market Forecast To 2022 - By Type (Cold Storage And Cold Transport), By 3PL, By Temperature Range, By Region, By International And Domestic Cold Transport And By Modes Of Transport (Ground, Air And Sea)

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Ken Research
Ankur Gupta, Head Marketing & Communications
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Increasing Landscape Of The Automotive Radar In Europe Market Outlook: Ken Research

The Automotive radars show a positive role in identifying the objects in numerous safety systems consisting adaptive cruise control, unimaginative detection system, sightless spot detection, and automated substitute braking. For instance, the growing aim on the active privacy features, modernizations in the technology of radar, decreasing the price of components, and leading the sales of vehicles are the driving factors for the market growth. Not only has this, in order to gain the high vehicle autonomy, it is indispensable for the automakers to effectively focus on the advancement of the radar technology and consequently on the reduction in the design of the radar systems. One of the mainstream steeplechases limiting the growth of the automotive radars is the lack of uniform frequency dissemination across the economy.

Whereas, the optimum utilization of the widespread frequency band is likely to lead to refined resolution benefits and effective rise in the usage of a single technology for all the advantages, thereby depleting the risks of mutual intervention.

According to the report analysis, ‘Europe Market Insights on Automotive Radar: Insights and Forecast, 2018-2024: Emphasis on Radar Range (Short Range Radar & Mid-Range Radar (S&MRR), Long Range Radar (LRR)), Applications(Adaptive Cruise Control, Autonomous Emergency Braking, Intelligent Parking Systems, Blind Spot Detection, Collision Mitigation System, Others)’ states that in the Europe market insights on automotive radar, there are several potential players which recently performing more positively for leading the fastest market growth and dominating the high amount of market share during the forecasted period while significantly studying the regulatory framework of European Commission, increasing safety awareness and growing deployment of ADAD advantages, decreasing the vehicle manufacturing price and effectively working for increasing the applications of automotive radar includes Continental AG, Robert Bosch GmbH, Denso Corporation, Delphi Automotive Plc, Infineon Technologies AG, NXP Semiconductors NV, Valeo SA, Analog Devices Inc, Hella KGaA Hueck and Co, Texas Instruments Inc. and several others.

In terms of revenue, the automotive radar market in Europe has effectively observed an overall increasing during the analyzed duration. The actuality of considerable number of automotive OEM's in the economy, is ever-increasing the overall requirement of automotive correlated technologies, including automotive radar system in the European regions. In addition, the instruction legislation imposed by the European commission is further deliberated to inspiration the growth of the market.

The Germany registered the market in 2017 followed by the U.K and France. The effective existence of mainstream automotive OEMS, component manufacturers and favorable regulatory environment are some of the foremost factors qualified to the Germany's governance in European automotive radar market.

Based on the vehicle types, under this sector, the passenger vehicles effectively controlled the highest market value and the same is estimated to be followed during the forecast period as well. In Addition to this, the growth in requirement of radar systems in the luxury vehicles segment is estimated to fuel luxury vehicles segment making it the fastest increasing market during the forecast duration. Therefore, in the near years, it is estimated that the Europe Market Insights on Automotive Radar will increase more effectively over the coming years.

For more information on the research report, refer to below link:-

Europe Automotive Radar Market

Related Report:-

Global Automotive Reversing Radar Market Analysis 2013-2018 and Forecast 2019-2024

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Ken Research
Ankur Gupta, Head Marketing & Communications
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Landscape of the Asia Pacific Market Insights on Automotive Composite Materials Market Outlook: Ken Research

Composites, which fundamentally are composition of two of more constituent materials, produce a considerable part of an automobile and, if smartly utilized, can lead to effectively lighter vehicles that are harmless and more fuel-effective. Unruffled of the high-performance fiber which includes glass or carbon-composites are tipped to even substitute steel from the automotive industry in the coming years, and the market for the same is bourgeoning. However, on the back of exhausting fossil fuel sources and increasing responsiveness related to the pollution caused by it, a revolutionizing trend in the automotive market is energy effectiveness.

According to the report analysis, ‘Asia Pacific Market Insights on Automotive Composite Materials, 2018-2024: Emphasis on Material Type (Polymer Matrix Composites, Metal Matrix Composites, Ceramic Matrix Composites and Hybrid Composites), Manufacturing Process (Hand Layup, Compression Molding, Injection Molding, Resin Transfer Molding)’ states that in the Asia Pacific market insights on automotive composite material there are numerous key players which recently performing more positively for leading the fastest market growth and registering the high value of market share during the coming years more significantly while decreasing the cost of raw material, analyzing the stringent government regulations on GHG emission, leading the requirement of composites among the hybrid and electric vehicles and augmenting the scope of hybrid composite material includes BASF SE, DowDuPont Inc., Gurit Holding AG, Magna International Inc., Mitsubishi Chemical Holdings Corporation, Owens Corning, SGL Group, Solvay SA, Teijin Limited, Toray Industries Inc. and several others.

Sideways, on the basis of geography, the air quality in Asia Pacific has been an apprehension for the governmental bodies owing to the deteriorating the air quality, due  to the which limited emission standards have been become obligatory to be followed in some regions and is under contemplation in few others. The augmenting number of vehicles in the country has depreciated the air quality, with enormous Greenhouse Gases (GHG) emissions. Some of the Asian regions such as China, India and Japan are among the highest GHG emitters holding 30%, 7% and 4% of the worldwide GHG emissions. Apart from this, the Asia Pacific region is the foremost market for Electric Vehicles (EVS) and the increasing requirement of composite materials in EVs to offset the weight augmented by the batteries is also strengthening the market growth.

Not only has this, based on the material type, in the present era, PMCs are the maximum prevalent composite category among the automakers. PMCs controlled the most market share in 2017 due to the fact that they have extraordinary flexibility, great insulation, lower density and brighter weight than other composite materials. Further, these have been estimated to overcome during the review period. Additionally, on the basis of manufacturing process type, Injection molding process registered the Asia Pacific automotive composite market in 2017 and is estimated to pursue its dominance over the forecast period. Nonetheless, owing to the RTM's competence of stumpy cost and great volume manufacturing, this manufacturing procedure is predicted to be the fastest increasing sector during the forecast period of 2018-2024.

Sideways, according to the segmentation by country, China accounted the market in 2017 and is estimated to overcome over the others during the reviewed period. China is the world's principal automobile manufacturer, and rigorous emission regulations and the existence of the local composite materials merchants constitute to be the foremost aspects checking China's automotive composite materials market. Therefore, in the years, it is anticipated that the Asia Pacific market insights on automotive composite materials will increase more positively over the coming years.

For more information, click on the link below:

Asia Pacific Market Insights on Automotive Composite Materials Market

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Ken Research                                   

Ankur Gupta, Head Marketing & Communications

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Increase in Number of Applications Expected to Drive World Lithium Ion Battery Market over the Forecast Period: Ken Research

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According to study, “World Lithium Ion Battery Market Research Report 2024(Covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world lithium ion battery market are BYD Company, Panasonic Sanyo, LG Chem, Samsung SDICo. Ltd., GS Yuasa, A123 Systems,Guoxuan High-tech,Beijing Pride Power (BPP), Lishen, SUNWODA, Amita Technologies, BAK Group, China Aviation Lithium Battery, Li-Tec Battery GmbH, Hitachi, Fenghua LIB, Fengfan New Energy, SK Energy, Sila Nanotechnologies, TDK Corp., Toshiba Corp.,Automotive Energy Supply Corporation (AESC),Maxell, AESC, PEVE, Coslight, Moli, Johnson Controls Inc., DESAY, Changhong Batteries, Valence Technology, Inc.,Lion-tech Corp., DKT, EnterDel, Lithium Werks, SYNergy ScienTech, Sony Corp., Saft Groupe SA, CALB, ATL, VARTA Storage, BK Battery, Boston-Power, Farasis Energy.

A lithium-ion or Li-ion battery (abbreviated as LIB) is a category of rechargeable battery. In these batteries, lithium ions move from anode to the cathode during discharge & back when charging. Li-ion batteries use an interpolated lithium compound as an electrode material. Some essential features are included high discharge power, high energy density and low impact of time.

Based on type, global lithium ion battery market is segmented into lithium nickel manganese cobalt (Li-NMC), lithium cobalt oxide (LCO), lithium iron phosphate (LFP), lithium titanate oxide (LTO), lithium nickel cobalt aluminum oxide(NCA) and lithium manganese oxide (LMO).Based on product type, market is segmented into cylindrical lithium ion battery, prismatic lithium ion battery and others. Based on component, market is segmented into anode (negative electrode), cathode (positive electrode), electrolytic solution and others(binders, foils, and separators). Based on power capacity, market is segmented into 0-3000mAh, 3000-10000mAh, 10000-60000mAh and more than 60000mAh.Based on shape, market is segmented into flat or pouch, large cylindrical (solid body with large threaded terminals) and small cylindrical (solid body without terminals). In addition, based on end-use industry, market is segmented into automotive (scooters & bikes, cars, buses or trucks and trains & aircrafts), electrical & electronics (UPS and smart-phones or tablet/PC), industrial (mining equipment, cranes & forklift and smart grid & renewable energy storage) and others.

The lithium ion battery market is driven by increase in demand for electrical or hybrid electric vehicles/plug-in hybrid vehicles (EV/HEV/PHV), followed by rise in demand for tablets, smart phones, and other electronic devices, strict government regulations to control increase in pollution and rise in need for automation & battery-operated material-handling equipment. However, high price of lithium-ion batteries and safety issues related to storage & transportation of spent batteries may impact the market. Moreover, a higher energy efficiency requirement in technologically updated customer gadgets is a key opportunity for market.

Based on geography, the Asian-Pacific region holds major share in lithium ion battery market owing to increase in focus of government towards reducing greenhouse gas emission, rising technological enhancements, increase in number of manufacturers and rise in number of power outages in the region. North-American and European regions are expected to witness higher growth rate due to increase in use in the production of electric & hybrid vehicles over the forecast period. It is anticipated that the market will be reached at fast pace on account of increase in penetration into large applications and rise in demand for high power & high capacity cells over the forecast period.

For more information on the research report, refer to below link:

World Lithium Ion Battery Market Research Report

Related reports

Global Lithium-ion Battery Anode Materials Market Analysis 2013-2018 and Forecast 2019-2024

Global HEV Lithium-ion Battery Market Analysis 2013-2018 and Forecast 2019-2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

Augmenting Demand In The Asia Pacific Smart Homes Technology Market Outlook: Ken Research

The home automation has been measured as a business of rich individual dew years back and it was all accurate as the price of automation was not at all suitable to the pockets of large populace in the region. Whereas, the Asia Pacific Smart Homes technology has been observing incredible growth in terms of value as well as volume. Additionally, even for the individual who could have effortlessly afforded the automation solutions, acceptance ratio was insignificant. The condition has crooked across completely and over the recent last years, a development of automation is taking place in the economy. Along the augmenting requirement of comfort and ease along with increasing disposable incomes of individual living in the metro cities, the market for the smart homes have been on the increasing path.

According to the report analysis, ‘Asia-Pacific Smart Homes Technology Market: Insights and Forecast, 2018-2024: Emphasis on Application (Safety and Security, Smart Appliances, Heating Ventilating, Air Conditioning (HVAC), Home Entertainment, Smart Lighting Systems, Smart Energy Management), Technology (Wireless and Wired Smart Home Technology), End-Users (Residential and Commercials End-Users)’ states that in the Asia Pacific smart homes technology market there are several potential players which recently functioning more effectively for leading the fastest market growth and registering the handsome amount of market share more positively during the forecasted period while increasing the consciousness among the customers, growing penetration of the smartphones, increasing the disposable incomes and urbanization, augmenting the requirement for the smart home energy management system and advancement of the inter connectivity across the platforms and devices includes Haier Electronics, ABB Limited, ASSA ABLOY, Cisco Systems, Inc., Emerson Electric Co, General Electric Company, Samsung Electronics Ltd, IBM Corporation, LG Electronics Inc., Schneider Electric S.E., Siemens AG and United Technologies Corporation and several others.

In terms of revenue, the smart home technology in Asia Pacific region has dominated an amazing growth with positive CAGR during the reviewed period of 2018-2024. The smart home technology market in Asia Pacific economy has observed an overall increase in the smart homes penetration as well as smart devices acceptance in last few years. The foremost drivers involved the effective rise in the number of smartphones, augmenting awareness among customers, rising need for the smart home energy management system and rigorous government regulations on energy consumption along with inflammation aging populace and smart cities initiative undertaken in several regions.

In addition, China grosses the upper hand in the technological market. Augmenting the requirement for smart devices, widespread penetration of smartphone & internet, and strong manufacturing base and increasing awareness along with government initiatives such as smart cities mission has supported the region to account the smart home market in the present scenario followed by Japan and India during the reviewed period.

Sideway on the basis of application, the Smart home technology markets in Asia Pacific fetched thoroughgoing the revenues from smart appliances on register of maturing IoT and augmenting the utilization of electric appliances. Nonetheless, the energy management segment is estimated to present the overwhelming growth in years to come owing to increasing the smart cities initiatives been undertaken in numerous economies. Therefore, in the coming years, it is estimated that the Asia Pacific Smart Homes Technology Market will increase more positively over the coming decades.

For more information on the research report, refer to below link:-

Asia Pacific Smart Homes Technology Market

Related Report:-

Europe Smart Homes Technology Market: Insights and Forecast, 2018-2024: Emphasis on Application (Safety and Security, Smart Appliances, Heating Ventilating, Air Conditioning (HVAC), Home Entertainment, Smart Lighting Systems, Smart Energy Management), Technology (Wireless and Wired Smart Home Technology), End-Users (Residential and Commercials End-Users)

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Indonesia Financial Brokerage Market Analysis: Ken Research

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How Financial Brokerage Market Is Positioned In The Indonesia?

Indonesia, a country located in South-Eastern Asia, an archipelago between the Indian Ocean and the Pacific Ocean; has around 54 provinces with major cities being Jakarta, Surabaya, Medan, and Bandung. Deeply hit by the Asian Currency Crisis in 1997-98 to be a preferred investment hub by foreign investors in 2017-18, the country has come a long way in carrying out structural policy changes and deepening the roots of its financial markets. With the emergence of online trading facilities and implementation of T+2 settlement cycles in 2018, the brokerage industry has witnessed many changes aimed at improving the working mechanisms of the industry. The industry was observed in a slow-growing stage during the review period 2013-2018. The slow growth was attributed to factors such as placing of restrictions by the Federal Reserve on bond-buying transactions, capital flight from Indonesia’s economy, global weakening and increased interest rates by BI, elections and continued low awareness among the investors regarding the financial markets. However, the industry started recovering in 2016 and has been experiencing a positive growth owing to a stable positive economic outlook of Indonesia with an expected GDP growth rate of around 5.2%, an inflow of foreign investment, improve in the country’s rating, rising number of global strategic partnerships by the brokerage firms, low market capitalization and other related factors.

Indonesia Financial Brokerage Market Segmentation

By Type of Investment Category (Equity and Debt): Equity Investment Category captured the majority of the market share in terms of revenue contribution and frequency of transactions in Indonesia during 2018 owing to the high liquidity level, increased investment by asset managers of Mutual Funds and the rising number of IPOs in the country. In the equity investment category, stocks were the dominant category followed by Rights, Warrants, ETFs and REITs in terms of the revenue contribution to the industry. The remaining market share was captured by the debt investment category including government and corporate bonds during 2018.

Among Debt investment category, government bonds outperformed the traded value and frequency of transactions of the industry owing to the increased capital requirements for infrastructure building and restoring investor confidence after the 2013-14 downturn in the economy.

By Type of Brokerage Firm(Local Firms and Global Firms): During the year 2018, the revenue of Indonesia Financial Brokerage Market was dominated by the local brokerage firms owing to the established branch network, the company’s reputation among domestic investors, competitive pricing for online trading and quality of services offered by the firms. However, the entry of global brokerage firms and the increasing level of foreign portfolio investors have been contributing to the growth of global brokerage firms in the industry.

Snapshot On Sharia Financial Market Trading

Sharia investors constitute an important part of the market ecosystem. The low awareness regarding the financial markets coupled with a lack of availability of financial instruments has compelled the Sharia investors to opt for conventional sources of funding including commercial banks. However, with the rising awareness, expected to ease up of regulations by WAQF board, a number of financial instruments especially in the mutual fund's segment, Sharia investors can directly contribute to the industry in the coming years.

Decision-Making Criteria For Consumers To Select A Financial Brokerage Firm

Financial Brokerage market is one of the highly sensitive markets where investors tend to shift to other brokers in case of sub-standard of the services delivered by the present brokerage firm. Hence, decision-making criteria’s plays an important role in the selection of a brokerage firm for both retail and institutional clients. Most important decision-making criteria are the company’s reputation, service portfolio, quality of services and transaction charges.

Comparative Landscape In Indonesia Financial Brokerage Market

The competitive landscape of the industry is characterized by a highly fragmented market structure with 104 brokerage firms competing majorly on the basis of transaction charges, service portfolio, and quality of services, firm’s reputation and online trading facilities for retail clients. In the year 2018, the majority of the market share in terms of the revenue contribution and the stock traded value was held by Mandiri Sekuritas which catered to ~% of the total industry revenue and total traded value of stocks.

What Is The Future Of Financial Brokerage Market In The Indonesia?

Over the forecast period 2018-2023, the Indonesia Financial Brokerage market is predicted to grow in terms of revenue because of the stable positive the economic outlook of the country, improve in the country’s rating, the anticipated increase in the foreign portfolio investments, increasing penetration rate among the domestic investors, rising number of IPOs, capital requirements of the government for infrastructure building and the boom in the mutual fund's segment of the capital market.

Key Segments Covered:-

By Type of Investment Category:-

Equity Investment

Stocks

Rights

Warrants

ETFs

REITs

Debt Investment Category

Government Bond

Corporate Bond

By Type of Brokerage Firms:-

Local Firms

Global Firms

Time Period Captured in the Report:-

Historical Period – 2013-2018

Forecast Period – 2018-2023

Companies Covered:-

Mandiri Sekuritas

CGS-CIMB Sekuritas Indonesia

UBS Sekuritas Indonesia

Mirae Asset Sekuritas Indonesia

Indo Premier Sekuritas

Yuanta Sekuritas Indonesia

Macquarie Sekuritas Indonesia

Valbury Sekuritas Indonesia

Trimegah Sekuritas Indonesia Tbk

Citigroup Indonesia

Keywords:-

Indonesia Financial Brokerage

Brokerage market in Indonesia

Valbury Sekuritas Indonesia Financial Brokerage Forecast

Online Brokers for Traders in Indonesia

International Online Brokers Indonesia

Brokerage Fee in Indonesia

Indonesia Securities Trading Market

Indonesia Financial Brokerage Industry

Indonesia Online Trading Market Size

Indonesia Brokerage market

Brokerage Market Indonesia

Indonesia Economic and Capital Market

Indonesia Bond Market Analysis

Indonesia Stock Market Traded Value

Indonesia Financial Market

Financial Market in Indonesia

Financial Market Indonesia

Indonesia forex broker charges

For More Information, Refer To Below Link:-

Indonesia Financial Brokerage Market

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India Financial Brokerage Market Outlook to 2020 - Evolvement of Discount Brokers and Robust Trading Volume to Prosper Market Growth

Philippines Remittance and Payments Market Outlook to 2024 - Growth Backed by Sustained Internal Migration, Rise in Overseas Filipino Workers and Surge in BPO Sector.

Indonesia ATM Managed Service Market Outlook To 2023 - By ATMs (On-Site ATM, Off-Site ATM, Mobile ATMs), By Service (Cash Management Services, ATM Repair & Maintenance, ATM Site Maintenance & Others- Journal Management & ATM Reconciliation), By ATM Machine (Cash Dispensers, Cash Recyclers) And By Cash Management Services (Cash Replenishment Service, Cash-In-Transit, Others - Cash Processing, Cash Vaulting & Cash Forecasting).

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Dynamic Transformation in the Asia Pacific Market Insights on Automotive Radar Market Outlook: Ken Research

The Automotive radars play an effective role in detecting objects in several safety systems involving adaptive cruise control, unimaginative detection system, unsighted spot detection, and automated alternative braking. While, the increasing aim on active protection features, modernizations in the radar technology, deducting costs of components, and growing sales of vehicles are the fueling aspects for the market growth. Moreover, in order to attain widespread vehicle autonomy, it is indispensable for the automakers to aim on the improvement of the radar technology and consequently on the deduction in the structure of the radar systems. One of the foremost steeplechases hindering the growth of the automotive radars is the shortage of uniform frequency distribution around the region.

For instance, the effective usage of the higher frequency band is likely to lead to sophisticated resolution benefits and increase the usage of a single technology for all applications, thereby decreasing the perils of mutual intervention. According to the report analysis, ‘Asia Pacific Market Insights on Automotive Radar: Insights and Forecast, 2018-2024: Emphasis on Radar Range (Short Range Radar & Mid-Range Radar (S&MRR), Long Range Radar (LRR)), Applications(Adaptive Cruise Control, Autonomous Emergency Braking, Intelligent Parking Systems, Blind Spot Detection, Collision Mitigation System, Others)’ states that in the Asia Pacific market Insights on Automotive radar there are numerous key players which recently functioning more significantly for leading the fastest market growth and dominating the high value of market share over the forecasted period while increase the automotive production and sales, increasing the penetration of premium and luxury vehicles and studying the government regulations for the vehicle and road protection includes Continental AG, Robert Bosch GmbH, Denso Corporation, Delphi Automotive Plc, Infineon Technologies AG, NXP Semiconductors NV, Valeo SA, Analog Devices Inc, Hella KGaA Hueck and Co, Texas Instruments Inc. and several others.

In terms of revenue, the Asia Pacific region is a developing market for automotive radar segment, which is principally backed by the low-cost economy sourcing and high-level of industrialization in the economy. In addition, Asia Pacific region is among the foremost car manufacturing hub in the globe and is home to some of the conspicuous car manufacturers such as Nissan, Hyundai, Honda, and Toyota, among others. Whereas, based on the application, among the application areas, adaptive cruise control is estimated to be the largest market during the review period. Not only has this, the market value of autonomous emergency braking application is predicted to be the fastest increasing during the review period.

Segmentation by frequency band, owing to the effective augment in requirement of 2X GHz radars in Asia Pacific, this sector controlled the highest market share in 2017. However by 2021, the market value of 7X GHz radars is estimated to outstrip the market of 2X GHz radar and is predicted to continue dominant by 2024. Sideways, in 2017, China registered the Asian market, the foremost aspects attributed to this was the existence of huge automotive industry, availability of the numerous radar suppliers and increase in the economic conditions of the consumers, among others. Therefore, in the coming years, it is estimated that the Asia Pacific Market Insights on Automotive radar will increase more significantly over the coming years.

For more information, click on the link below:

Asia Pacific Market Insights on Automotive Radar Market

Contact Us:    

Ken Research                                   

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91 9015378249