The global on-board charger market is expected to reach $43.94 billion by 2032 from $2.16 billion in 2021, growing with a CAGR of 29.54% during the forecast period 2022-2032. The growth in the global on-board charger market is expected to be driven by increasing sales of electric vehicles worldwide.

Market Lifecycle Stage

On-board chargers used in an electric vehicle are advancing technologically and are expected to grow faster in the forecast period. Key market development activities are expected to be boosted by ongoing research and development activities in manufacturing high-performance on-board chargers.

The global on-board charger market is still in the growth phase. An increasing fleet of electric vehicles is propelling the sales of the on-board charger in the market. As a result, the global on-board charger market is expected to flourish in the forecast period.

Impact

• The government and federal agencies are investing heavily in subsidies and infrastructure development to promote electric vehicles and reduce carbon dioxide emissions.
• In 2020 and 2021, many European countries introduced the initiative to offer incentives for those purchasing electric vehicles. For instance, in July 2021, Germany introduced a new initiative to provide incentives for up to $10,200 for buyers of electric vehicles and $7,600 for buyers of hybrid vehicles. Similarly, France provides incentives for up to $6,800 for buyers of electric vehicles.

Impact of COVID-19

The COVID-19 pandemic impact on the global on-board charger market has been negligible. Despite the pandemic, there was a slight increase in on-board charger sales. The COVID-19 pandemic has enhanced awareness of the environment among people to a great extent. Due to this, more and more people are planning to purchase sustainable vehicles. This will propel the global on-board charger market.

Market Segmentation:

Segmentation 1: by Propulsion Type
• Battery Electric Vehicles (BEVs)
• Plug-In Hybrid Electric Vehicles (PHEVs)

Based on the propulsion type segment, the global on-board charger market is expected to be dominated by the battery electric vehicles segment during the forecast period.

Segmentation 2: by Vehicle Type
• Passenger Vehicles
• Commercial Vehicles

The passenger vehicles segment is expected to be the leading segment in the market as the sales of electric passenger vehicles are anticipated to increase globally.

Segmentation 3: by Charging Power
• <=6.6 kW • 6.7 – 11.0 kW • 11.1 – 22.0 kW • >22.0 kW

In 2021, <=6.6 kW segment dominated the global on-board charger market (by charging power) due to the increased sales of electric vehicles equipped with these on-board chargers.

Segmentation 4: by Design Type
• Unidirectional
• Bidirectional

In terms of design type, unidirectional was the predominant segment in 2021. In the forecast period, the bidirectional segment is expected to grow at a high rate compared to the unidirectional segment.

Segmentation 5: by Product Type
• Without Embedded DC/DC Converter
• With Embedded DC/DC Converter

Segmentation 6: by Distribution Channel
• OEMs
• Aftermarket

The OEMs distribution channel segment dominated the global on-board charger market (by distribution channel) in 2021. This is due to the low replacement rate of the on-board charger and the increased production of electric vehicles by OEMs.

Segmentation 7: by Region
• North America
• Asia-Pacific and Japan
• China
• Europe
• U.K.
• South America
• Middle East and Africa

China generated the highest revenue of $1.28 billion in 2021, which is attributed to the increased sales of electric vehicles in China. The on-board charger market is attractive in China due to the availability of diverse market segments.

Recent Developments in On-Board Charger Market

• In 2020, Innolectric AG announced the production of its three-phase 22 kW on-board chargers for electric vehicles. The new chargers, developed in partnership with STMicroelectronics, use highly efficient silicon carbide power modules, so the efficiency is above 94% and peaks at 96% in the 2-10 kW range.
• In 2020, BorgWarner Inc. announced it had completed its acquisition of Delphi Technologies. The combination of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics products.
• In 2021, MTA announced the purchase of an 80 percent stake in EDN, an Italian business that develops and produces power converters and on-board battery chargers for use in hazardous environments and electric cars
• In 2021, Eaton, a power management business, recently announced the acquisition of Green Motion SA, a top designer, and producer of hardware and software for charging electric vehicles.
• In 2022, the acquisition of Hella was completed, according to Faurecia. Faurecia and HELLA introduced FORVIA, the newly combined Group’s name, following Faurecia’s successful acquisition of a controlling stake in HELLA.

Demand – Drivers and Limitations

Following are the demand drivers for the on-board charger market:

• High Cost Associated with Fast Charging Systems
• Demonstration of Environmental Commitment and its Support of Brand Values
• Sprouting of New Government Policies and Initiatives
• Ban on ICE Vehicle Production
• Increasing Adoption of DC-DC Integrated On-Board Chargers

The market is expected to face some limitations too due to the following challenges:

• Increasing Push from Government for Deployment of Highway/Fast Chargers
• Technological Advancement in EV Charging Infrastructure
• Maintaining the Size of On-Board Charger Despite the Escalating Demand for High Performance

How Can This Report Add Value to an Organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of electric vehicle on-board charger products available by propulsion type, vehicle type, product type, design type, and distribution channel. Increasing demand for electric vehicles worldwide is pushing the sales of on-board chargers. Therefore, the on-board charger business is a high-investment and high-revenue generating model.

Growth/Marketing Strategy: The global on-board charger market is exponentially growing, with enormous opportunities for the market players. Some strategies covered in this segment are product launches, partnerships and collaborations, business expansions, and investments. The companies’ preferred strategy has been product launches, partnerships, and collaborations to strengthen their positions in the global on-board charger market.

Competitive Strategy: Key players in the global on-board charger market analyzed and profiled in the study involve on-board charger-based product manufacturers and component/subsystem suppliers. Moreover, a detailed competitive benchmarking of the players operating in the global on-board charger market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

Company Type 1: Tier-1 Manufacturers

• Meta System S.p.A.
• Robert Bosch GmbH
• BorgWarner Inc.
• HELLA GmbH & Co. KGaA
• Lear Corp.
• Ficosa Internacional SA
• BRUSA Elektronik AG
• YAZAKI Corporation
• KOSTAL Automobil Elektrik GmbH & Co. KG

Company Type 2: Tier-2 (Component Suppliers)

• Texas Instruments Incorporated
• STMicroelectronics
• Analog Devices, Inc.
• Semiconductor Components Industries, LLC
• Infineon Technologies AG
• Wolfspeed, Inc.

The post On-Board Charger Market – A Global and Regional Analysis: Focus on Product, Application, and Country-Wise Analysis – Analysis and Forecast, 2022-2032 first appeared on CRI Report.

The harvesting equipment market is expected to grow from $22.42 billion in the year 2021 to $30.11 billion by 2027, at a CAGR of 5.08% from 2022 to 2027. The growth in the global harvesting equipment market is expected to be driven by increasing demand for harvesting equipment in precision farming and the growing need to limit grain and cereals waste.

Market Lifecycle Stage

The harvesting equipment market is in the development phase. Increased research and development activities are underway to develop harvesting robots and electrification harvesting equipment, which is expected to increase the demand for harvesting equipment in farming practices.

Increasing investments in the R&D of harvesting equipment is one of the major opportunities in the global harvesting equipment market. Moreover, the functions of harvesting equipment such as harvesting, threshing, separating, cleaning, and collecting grain while moving through the standing crops are attracting farmers, animal feed producers, and the dairy industry.

Impact

• An increasing mechanized farming and acute labor shortage create the market opportunity for harvesting equipment manufacturers. As harvesting equipment saves the cost and time in farming practices and enhances the grain quality, the farmers are adopting harvesting equipment in their farming practices. Also, North America and Europe are adopting the agriculture 4.0 revolution trend and increasing precision farming practices. This creates better opportunities in North America and Europe markets.
• Additionally, harvesting equipment is used in various end-use industries, including animal feed and dairy. The growing demand for meat and dairy products will furthermore drive the harvesting equipment market during the forecast period 2022-2027.

Impact of COVID-19

COVID-19 pandemic directly impacted the manufacturing and transportation activities of the harvesting equipment market. Due to the pandemic, the supply chain of the harvesting equipment market was disturbed at the global level. Various governments closed their international trades and production units.

Due to this, the harvesting equipment market were hampered more at the global level. In mid-2021, manufacturing and transportation activities of the harvesting equipment started gradually, and international trades started efficiently. Therefore, the production and consumption of harvesting equipment products are expected to increase post-COVID-19 pandemic.

Market Segmentation:

Segmentation 1: by Application
• Agriculture
• Fodder

The global harvesting equipment market (by application) is dominated by the agriculture segment.

Segmentation 2: by Product
• Combine Harvester
• Forage Harvester
• Sugarcane Harvester
• Others

The global harvesting equipment market (by product) is dominated by the combine harvester segment. This is due to a wide variety of combine harvesters that can be manufactured, resulting in its higher adoption and usage in various crop types, including wheat, barley, maize, oats, rice, rye, sorghum, as well as numerous non-grain crops, including flax, rapeseed, soybeans, and sunflower globally.

Segmentation 3: by Region
• North America – U.S., Canada, and Mexico
• Europe – Germany, France, Italy, Spain, and Rest-of-Europe
• China
• U.K.
• Asia-Pacific and Japan – Japan, India, Australia and New Zealand, and Rest-of-Asia-Pacific and Japan
• South America – Brazil, Argentina, and Rest-of-South America
• Rest-of-the-World – Middle East and Africa

During 2022-2027, the Asia-Pacific and Japan region is projected to display the fastest market growth of over 7.07%. The region presents immense scope for market development, owing to changing farming practices, acute harvesting labor shortage, rising awareness of mechanized farming, and growing market penetration of favorable investments by the government.

Recent Developments in Global Harvesting Equipment Market

• In March 2022, Deere & Company updated its S-Series combine harvesters as per consumer demand. Due to this, the company creates awareness among the farmers and drives sales growth globally.
• In May 2021, Mahindra & Mahindra Ltd. established a new production plant for farm equipment in Pithampur, India. This plant produces rice transplanters, potato planters, and harvesters. The company has a strong presence in Asian markets. Due to this investment, the company would increase its harvester production in the Asian market.
• In May 2021, CNH Industrial N.V. modernized its Case IH Axial-Flow 150 series combine harvesters with power, productivity, and ease of operations. Due to this upgradation, the company would target the mechanized and precision farming segment for further business expansion.
• In August 2021, Deere & Company launched two new cotton harvesters, namely, the CP770 Cotton Picker and CS770 Stripper. Due to this, the company strongly entered in cotton harvester segment globally.
• In September 2021, CNH Industrial N.V. launched Case IH Axial-Flow 4000 combine harvester in Africa and the Middle East region. Due to this product launch, CNH Industrial N.V. entered Africa and the Middle East market.

Demand – Drivers and Limitations

Following are the demand drivers for the harvesting equipment market:

• Growing Demand for Maize Crop Product
• Rising Demand for Harvesters in Precision Farming
• Surging Harvester Use in Forage Industry

The market is expected to face some limitations too due to the following challenges:

• High Initial Investment
• Lack of Technical Knowledge in Developing Countries
• Limited Availability of After-Sales Services

How Can This Report Add Value to an Organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of harvesting equipment available for deployment in the various crop types, including wheat, maize, rice, rye, sorghum, and forage crops globally.

Moreover, the study provides the reader with a detailed understanding of the different harvesting equipment by application (agriculture and fodder) and by product (combine harvester, forage harvester, sugarcane harvester, and others).

Harvesting equipment-based finished products generate higher revenues when compared to the operational and raw material costs. Therefore, the harvesting equipment business is a high revenue-generating business.

Growth/Marketing Strategy: The global harvesting equipment market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint ventures.

The favored strategy for the companies has been new product launches, expansions, acquisitions and joint ventures, and partnerships to strengthen their position in the harvesting equipment market. For instance, in September 2021, Mahindra & Mahindra Ltd. launched Swaraj Pro Combine 7060 harvester in Telangana, India. This harvester is used for paddy crop type. Due to this new product launch, the company is targeting paddy growers and is enhancing its market share in the India harvest equipment market.

Competitive Strategy: Key players in the global harvesting equipment market are analyzed and profiled in the study. Moreover, a detailed competitive benchmarking of the players operating in the global harvesting equipment market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

As of 2021, the top segment players leading the market include harvesting equipment public companies that capture around 60% of the presence in the market. Private players in harvesting equipment industries account for approximately 40% of the presence in the market.

Some of the prominent names established in this market are:

Company Type 1: Public Companies
• AGCO Corporation
• CNH Industrial N.V.
• Deere & Company
• KUBOTA Corporation
• KUHN SAS
• Mahindra & Mahindra Ltd.
• Tractor and Farm Equipment Limited
• YTO Group
• Zoomlion Heavy Industry Science & Technology Co., Ltd.

Company Type 2: Private Companies
• Bernard Krone Holding SE & Co. KG
• CLAAS KGaA mbH
• Dewulf
• Sonalika Group
• Weichai Lovol Heavy Industry Co., Ltd
• Yanmar Co Ltd

Company Type 3: Startup Companies
• Muddy Machines Ltd
• Ripe Robotics
• Inaho Inc.
• Four Growers
• Tevel Aerobotics Technologies Ltd

The post Harvesting Equipment Market – A Global and Regional Analysis: Focus on Harvesting Equipment Product and Application, Supply Chain Analysis, and Country Analysis – Analysis and Forecast, 2022-2027 first appeared on CRI Report.

The global narcolepsy therapeutics market is projected to reach $4,912.3 million by 2032 from $915.2 million in 2021 at a CAGR of 15.93% during the forecast period 2022-2032. This The market is driven by certain factors, such as low satisfaction with available therapies, robust pipeline products, rising uptake of narcolepsy awareness programs, and improving diagnosis.

Market Lifecycle Stage

The global narcolepsy therapeutics market is in the rapidly evolving and dynamic stage, which opens ample opportunities for life science companies. Also, companies that are already in the development phase for narcolepsy therapies are trying to bring advanced treatment options to the market to improve the quality of life of people with narcolepsy.

The companies operating in the global narcolepsy therapeutics market are now focusing more on disease-specific and personalized treatment options. Also, major players such as Jazz Pharmaceuticals PLC, Takeda Pharmaceuticals Co. Ltd, and Bioproject Pharma are investing heavily in research and development for their respective therapeutic products.

Impact

Albeit narcolepsy is an orphan disorder with only about 3 million people globally, the existing management of narcolepsy propounds the area as investigational for drug research and development. Currently, all available therapies are symptom-centric and do not cure the condition. In about 50% of people, disorder onset often occurs prior to age 25 with a delayed diagnosis, especially in adolescents.

Insubstantial abilities of existing therapies to cover a complete range of symptoms and insignificant improvement in the quality of life of people with narcolepsy have led to the emergence of several innovative therapies in recent years. The market witnessed approximately 39 regulatory and legal developments during the time period between January 2019 and May 2022.

In addition, the disorder profoundly increases the psychosocial burden on people with narcolepsy. Associated high treatment costs and dwindled work productivity with reduced income levels are some of the key factors adding to the psychosocial burden for people living with narcolepsy.

Most companies are focusing on expanding their product portfolio with the launch of best-in-class distinctive novel therapeutics and trying to address the limitations and challenges with available therapies in an effort to increase their global footprint alongside.

Market Segmentation

Segmentation 1: by Indication
• Type 1 Narcolepsy
• Type 2 Narcolepsy
• Secondary Narcolepsy

Due to recent research and development in type 1 narcolepsy, significant therapies with novel mechanisms of action, reduced dosing, and better efficacy are emerging. Therefore, the segment is dominated by type 1 narcolepsy, which held a share of 69.60% in 2021.

Segmentation 2: by Product
• Commercialized Products
• Pipeline Products

In 2021, the global narcolepsy therapeutics market (by product) is dominated by commercialized products with 100% market share.

Segmentation 3: by Therapeutic Type
• Central Nervous System Stimulant
• Norepinephrine Reuptake Inhibitor
• Histamine-3 (H3) Receptor Antagonist/Inverse Agonist

The global narcolepsy therapeutics market (by therapeutics) is presently dominated by central nervous system stimulant, with a value of $535.3 million, as of 2021.

Segmentation 4: by Country
• U.S.
• Germany
• Italy
• France
• U.K.
• Spain
• Japan

In 2021, the U.S. accounted for a share of 93.48% of the global narcolepsy therapeutics market. The segment is expected to reach $4,327.7 million in 2032 from $855.5 million in 2021 at a CAGR of 15.24% during the forecast period 2022-2032.

Recent Developments in the Global Narcolepsy Therapeutics Market

• On March 28, 2022, Jazz Pharmaceuticals PLC divested Sunosi. Axsome Therapeutics, Inc. will expand its presence in neuroscience by acquiring Sunosi (solriamfetol) from Jazz Pharmaceuticals PLC.
• On August 31, 2021, Health Canada approved Jazz Pharmaceutical’s Sunosi (solriamfetol) for excessive daytime sleepiness associated with narcolepsy.
• On August 10, 2021, Harmony Biosciences LLC’s successful track record of Wakix motivated Blackstone to enter a strategic financing collaboration, where the company agreed to invest up to $330.0 million of financing and growth capital in Harmony Biosciences LLC.
• On September 16, 2021, Axsome Therapeutics, Inc. announced the enrolment of the first patient in the new phase 3 clinical trial SYMPHONY (a study evaluating a mechanistic approach to treating narcolepsy) of AXS-12 in narcoleptic patients.

Demand – Drivers and Limitations

Following are the demand drivers for the global narcolepsy therapeutics market:

• Large Population of Undiagnosed and Untreated Narcolepsy Population
• Increasing Research Funding for Neuroscience
• Approval of Advanced Therapies with Novel Mechanism of Action (MoA)
• Existing Unmet Needs of Patients and Healthcare Professionals (HCPs)

The market is expected to face some limitations due to the following challenges:

• Delayed Diagnosis
• Lack of Awareness

How Can This Report Add Value to an Organization?

Innovation Strategy: The therapeutic segment helps the reader understand the different drug classes being targeted to develop novel and advanced therapies for narcolepsy in the market.

Growth/Marketing Strategy: The global narcolepsy therapeutics market has seen major development by key players operating in the market, such as regulatory and legal developments, clinical developments, synergistic activities, product approvals, product launches and updates, mergers and acquisitions, business expansion and funding, and other developments.

The favored strategy for the companies has been regulatory and legal activities along with product approvals to strengthen their position in the market.

Competitive Strategy: Key players in the global narcolepsy therapeutics market have been analyzed and profiled in the study. Moreover, a detailed competitive benchmarking of players operating in the global narcolepsy therapeutics market has been done to help the reader understand how players stack against each other, presenting a clear market landscape.

Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

• Jazz Pharmaceuticals PLC
• Harmony Bioscience, LLC
• Axsome Therapeutics, Inc.
• Avadel Pharmaceuticals PLC
• Takeda Pharmaceutical Co Ltd
• Sumitomo Pharma Co Ltd
• Suven Life Sciences Limited
• NLS Pharmaceutics AG
• Balance Therapeutics

The post Narcolepsy Therapeutics Market – A Global and Country Level Analysis: Focus on Therapeutics, Indication, Product, and Country – Analysis and Forecast, 2022-2032 first appeared on CRI Report.

The global satellite commercial-off-the-shelf components market is estimated to reach $4.12 billion in 2032 from $1.93 billion in 2021, at a growth rate of 1.21% during the forecast period 2022-2032. The global satellite commercial-off-the-shelf components market is expected to be driven due to technological expansion in electronic components and associated devices for the Internet of Things (IoT) enabling services.

Market Lifecycle Stage

There has been a constant shift in the satellite’s electronic technologies due to the increased demand for small satellites. Extensive research has been conducted on new global information networks and electronic information management systems to improve the satellite’s efficiency and cost and size reduction. The space industry has embraced commercial-off-the-shelf (COTS) components, which provide efficient radiation shielding without compromising the quality. COTS components are used to reduce costs and the development time of space electronics.

Several projects are currently in progress to produce advanced commercial-off-the-shelf components with enhanced capability to shield space perturbations at low cost, which are expected to increase with the launch of upcoming mega-constellations as well as with the rising COTS demand is ubiquitously profitable for the component developing companies, since the demand for customization in the COTS components is least for such mission profiles, and “as it is” components are more preferred.

The satellite operators are trying to deploy components of lower screening levels more quickly and cheaply than the conventional qualified manufacturing list (QML). This involves anything from pure plastic-packaged COTS parts all the way to screening just below QML or sub-QML levels. As a result, the market for satellite commercial-off-the-shelf components is well-established.

Impact

• The increasing number of satellites in low Earth orbit (LEO) with the upcoming mega-constellation has placed a high demand for the production of satellite commercial-off-the-shelf components during the forecast period.
• Furthermore, rising demand for reconfigurable satellite payloads has resulted in the need for miniaturized satellite commercial-off-the-shelf components to support complex missions for significantly longer periods.

Market Segmentation:

Segmentation 1: by Mass Class
• 0-500kg
• 501-1,000kg
• 1,001kg and above

Based on mass class, the global satellite commercial-off-the-shelf components market is expected to be dominated by the 0-500kg mass class segment during the forecast period. This is due to increased demand for satellites to serve various applications such as Earth observation and monitoring, weather forecast, navigation, and communication.

Additionally, the small satellite manufacturers are gaining huge traction in the space market, so the demand for reconfigurable and commercial off-the-shelf (COTS) electronic components is expected to rise significantly during the forecast period.

Segmentation 2: by Subsystem
• Payload
• Electrical and Power Subsystem
• Command and Data Handling System
• Communication Subsystem
• Thermal Control Subsystem
• Attitude Determination and Control Subsystem
• Propulsion Control Subsystem
• Mechanism
• Actuator

The global satellite commercial-off-the-shelf components market (by subsystem) includes attitude determination and control subsystem, which is expected to dominate the market with a share of 35.21% in 2032.

Segmentation 3: by Region
• North America – U.S. and Canada
• Europe – France, Germany, Russia, U.K., and Rest-of-Europe
• Asia-Pacific – China, Japan, India, and Rest-of-Asia-Pacific
• Rest-of-the-World – Middle East and Africa and South America

North America accounted for the highest share of 70.63% in the global satellite commercial-off-the-shelf components market in 2021, owing to a significant number of companies based in the region.

Recent Developments in Global Satellite Commercial-Off-The-Shelf Components Market

• In March 2022, Cobham Advanced Electronic Solutions selected Lockheed Martin Space as a partner to develop advanced, 3D printed, phased array antennas for satellite missions by using additive manufacturing technology
• In December 2021, Microchip extended its gallium nitride (GaN) radio frequency (RF) power device portfolio by launching monolithic microwave integrated circuits (MMICs) and discrete transistors, which provides high performance in applications such as satellite communications, commercial radar system, 5G to electronic warfare, and defense radar systems and test equipment.
• In November 2021, Cobham Plc launched the industry’s first single-stage DC-DC converter for satellite payloads. The device provides spacecraft designers with highly efficient power conversion modules, enabling software to define payloads and reprogrammable. In addition, the device also helps reduce weight, size, and power requirements in space applications.
• In February 2022, Cobham Advanced Electronic Solutions partnered with Trident Systems to provide integrated advanced communications solutions and mission computing for air, space, land, and sea defense applications.

Demand – Drivers and Limitations

Following are the drivers for the global satellite commercial-off-the-shelf components market:

• Technological Expansion in Electronic Components and Associated Devices for IoT Enabling Services
• Increasing Usage of Commercial-off-the-Shelf (COTS) Components

Following are the challenges for the global satellite commercial-off-the-shelf components market:

• Evolution of Standardized Satellite and Subsystem Platform

Following are the opportunities for the global satellite commercial-off-the-shelf components market:

• Rising Demand for Reconfigurable Satellite Payloads

How Can This Report Add Value to an Organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of satellite commercial-off-the-shelf components available for deployment in the industries for space platforms and their potential globally. Moreover, the study provides the reader a detailed understanding of the different satellite commercial-off-the-shelf components by mass class (0-500kg, 501-1,000kg, and 1,000kg and above) and subsystem (payload, electrical and power subsystem, command and data handling system, communication subsystem, thermal control subsystem, attitude determination and control subsystem, propulsion subsystem, mechanism, and actuator).

Growth/Marketing Strategy: The global satellite commercial-off-the-shelf components market has seen major development by key players operating in the market, such as business expansion activities, contracts, mergers, partnerships, collaborations, and joint ventures. The favored strategy for the companies has been contracted to strengthen their position in the global satellite commercial-off-the-shelf components market. For instance, in January 2022, Cobham Advanced Electronic Solutions ed Lockheed Martin Space as a partner to develop advanced, 3D printed, phased array antennas for satellite missions using additive manufacturing technology.

Competitive Strategy: Key players in the global satellite commercial-off-the-shelf components market analyzed and profiled in the study involve satellite commercial-off-the-shelf components manufacturers that provide solar cells/arrays, microprocessors, memory, batteries, and power sources, among others. Moreover, a detailed competitive benchmarking of the players operating in the global satellite commercial-off-the-shelf components market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as contracts, partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysis of the company’s coverage, product portfolio, and market penetration.

Some prominent names established in this market are:

• Analog Devices, Inc.
• Amplified Design Solutions
• BAE Systems
• Cobham Plc
• Curtiss-Wright
• Data Device Corporation
• Exxelia
• GSI Technology, Inc.
• Honeywell International
• Infineon Technologies
• Mercury Systems, Inc.
• Microchip Technology, Inc.
• Micropac Industries
• STMicroelectronics N.V.
• Texas Instruments
• Vorago Technologies
• Xilinx, Inc.

The post Satellite Commercial-Off-the-Shelf Components Market – A Global and Regional Analysis: Focus on Mass Class, Subsystem, and Country – Analysis and Forecast, 2022-2032 first appeared on CRI Report.

The global smart irrigation controllers market was valued at $588.47 million in 2021, which is expected to grow with a CAGR of 13.98% and reach $1,280.81 million by 2027.

The growth in the global smart irrigation controllers market is expected to be driven by the increasing adoption of smart agriculture practices and government initiatives toward sustainable irrigation techniques.

Market Lifecycle Stage

The smart irrigation controllers market is in the introductory growth phase. Increased research and development activities in agriculture, rising awareness of tech-based farming, climatic change, and water scarcity in many countries are expected to increase the demand for smart irrigation controllers among the farmers and agriculture companies.

Data management of farms with the help of big data and advancements in communication technologies are some of the major opportunities in the global smart irrigation controllers market. Moreover, the smart irrigation controllers market has huge opportunities in the Asia-Pacific region since most of the countries located in this region have huge agricultural sectors that contribute to each of the nations’ GDP.

Impact

• North America generated the highest revenue of $211.85 million in 2021, which is expected to reach $440.40 million by 2027. The region has been experiencing rapid growth in the smart irrigation industry in the past few years owing to the increasing technological advancements and increasing government support for the use of smart irrigation controllers. Most of the water used for landscape irrigation is wasted because of the use of traditional irrigation systems. Increasing demand for smart irrigation controllers that meet the demand for run times and water schedules automatically is expected to increase the growth in the coming years.
• Furthermore, Europe generated a revenue of $117.69 million in 2021 and is expected to grow at a CAGR of 12.95% from 2022 to 2027. High revenue generation was majorly attributed to increasing the use of smart irrigation systems and increasing investments from the European Commission for IoT-based smart irrigation. Most of the growth is expected to be driven by Eastern Europe countries in the forecast period.

Impact of COVID-19

The COVID-19 impact on the smart irrigation market was witnessed in the short term in 2020 and in 2021. However, the market is anticipated to witness robust growth and recovery with increasing demand for installation of the IoT devices in the agricultural farms throughout the world to make optimum utilization of resources with limited labor requirements in the agriculture fields. Therefore, the demand for smart irrigation controllers in agri and non-agri sectors is expected to increase during and post-COVID-19 pandemic.

Market Segmentation:

Segmentation 1: by Application
• Agriculture
• Non-Agriculture

The global smart irrigation controllers market, based on the application segment, is expected to be dominated by the non-agriculture industry. This is due to the increasing usage of smart irrigation controllers in golf courses, sports grounds, residential areas, private lawns, and gardens.

Segmentation 2: by Type
• Soil-Based Controller
• Weather-Based Controller

The smart irrigation controllers market (by type) is dominated by weather-based irrigation controllers followed by soil-based irrigation controllers. Soil-based irrigation controllers are expected to witness the highest CAGR of 15.18% during the forecast period because sensors installed help in getting real-time soil moisture data at a faster rate depending upon the irrigation requirements. Soil-based controllers are better than weather-based controllers because they do not depend on weather forecasts or the data from the weather stations.

Segmentation 3: by Region
• North America – U.S., Canada, and Mexico
• Europe – Germany, Netherlands, Spain, France, and Rest-of-Europe
• China
• U.K.
• Asia-Pacific – Japan, India, Australia and New Zealand, and Rest-of-Asia-Pacific
• South America – Brazil, Argentina, and Rest-of-South America
• Middle East and Africa – South Africa, Israel, and Rest-of-Middle East and Africa

The Asia-Pacific region is the fastest-growing market in the smart irrigation controllers industry. The rapid change in the climatic conditions, increasing government support, and increasing the need for saving water are the factors supporting the growth of smart irrigation controllers in the region.

Recent Developments in Global Smart Irrigation Controllers Market

• In February 2022, Calsense launched Irrigation Management in terms of a Service, or IMaaS. IMaaS basically represents a unique also highly valuable approach to irrigation management, where it eliminates the need for customers mainly to secure capital funds to buy smart irrigation controllers, sensors as well as software.
• In May 2021, the Toro Company acquired Left Hand Robotics, Inc. The acquisition mainly supports the Toro Company’s strategic leadership in next-generation technologies, which include alternative power, smart connected, as well as autonomous products.
• In March 2020, Netafim had a collaboration with FluroSat to integrate FluroSat’s remote sensing technology into Netafim’s digital irrigation management platform Netbeat.
• In June 2019, Rain Bird partnered with Living Turf as a primary distributor for the full range of Rain Bird Gold Irrigation products throughout Australia. This partnership would enable Rain Bird to expand in Australia.

Demand – Drivers and Limitations

Following are the demand drivers for the smart irrigation controllers market:

• Increasing Adoption of Smart Agriculture Practice
• Increasing Need for Water Conservation
• Increased Government Initiative to Promote Sustainable Irrigation Technique

The market is expected to face some limitations too due to the following challenges:

• High Cost of Smart Irrigation Systems
• Lack of Standardization
• Lack of Technical Knowledge and Limited Awareness among Farmers

How can this report add value?

Product/Innovation Strategy: The product segment helps the reader understand the different types of smart irrigation controller products available to be used in agriculture and non-agricultural fields. Moreover, the study provides the reader with a detailed understanding of the different smart irrigation controllers-based products by application (agriculture-based smart irrigation controllers and non-agriculture-based smart irrigation controllers) and by type (soil-based controllers and weather-based controllers). Smart irrigation controllers reduce outdoor water usage by monitoring and controlling the information about the site and then apply the required amount of water. Smart irrigation controllers are a new generation of irrigation controllers which use the weather conditions, current and historic evapotranspiration, soil moisture levels, and other factors to meet the water demand with regard to plants.

Growth/Marketing Strategy: The global smart irrigation controllers market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been product launches to strengthen their position in the smart irrigation controllers market. For instance, in February 2022, Calsense launched Irrigation Management in terms of a Service, or IMaaS. IMaaS basically represents a unique also highly valuable approach to irrigation management, where it eliminates the need for customers mainly to secure capital funds to buy smart irrigation controllers, sensors as well as software.

Competitive Strategy: Key players in the global smart irrigation controllers market analyzed and profiled in the study involve smart irrigation controller manufacturers that provide different types of smart controllers for several uses. Moreover, a detailed competitive benchmarking of the players operating in the global smart irrigation controllers market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

• Calsense
• Galcon Ltd.
• Holman Industries
• Hunter Industries
• HydroPoint Data Systems, Inc.
• K-Rain Manufacturing Corporation
• Lindsay Corporation
• Nelson Irrigation Corporation
• Netafim
• Rachio, Inc.
• Rain Bird Corporation
• Skydrop
• The Toro Company
• Valmont Industries, Inc.
• Weathermatic

The post Smart Irrigation Controllers Market – A Global and Regional Analysis: Focus on Product and Application, Supply Chain Analysis, and Country Analysis – Analysis and Forecast, 2022-2027 first appeared on CRI Report.

Market Overview
The Europe car maintenance products market accounted for USD 42.96 billion in 2020 and is estimated to reach USD 69.91 billion by 2027 at ~7.17% CAGR. The car maintenance products market includes companies that offer aftermarket maintenance and servicing of the vehicles to improve the life of the vehicle by replacing the vehicle consumable products such as tires, batteries, wear & tear parts, air filter, cabin filter,filtersilter, wipers blades, collision body, starters & alternators, and others. Factors such as an increase in the average age of vehicles due to technological advancements and the growing automotive industry fuel the growth of the Europe car maintenance products market. Car maintenance involves the repair and maintenance of automotive components and parts. These could be various types of oils, filters, tires, or other components. Car maintenance is one of the major markets in the automotive industry.
These market players are adopting several organic and inorganic growth strategies, such as product enhancements, product launches, partnerships, agreements, and collaborations, to improve their position and excel in the European market. The Europe car maintenance products market consists of various global and regional service providers who are continuously evolving to enhance their market position. Growing demand for aftermarket parts and products, and the developing automotive industry are the key factors that are aiding the market growth. However, the rising cost of raw materials is expected to limit the growth of the European market during the forecast period. The car maintenance product manufacturers compete based on technology, efficiency, and reliability of products to sustain in the market. It is important for car maintenance product manufacturers to provide products or solutions according to the need of the industry and customers’ needs and advanced technology to maintain their market position and gain a competitive advantage. Vendors in the car maintenance products market are focusing on improving their technologies and upgrading products and expanding into developing countries.

Market Segmentation
The global Europe Car maintenance products market structure is segmented into service providers, services and parts, and country.
This study provides detailed information about the industry trends and dynamics, market size, competitive landscape, and growth opportunities. This research report categorizes the car maintenance products market based on services & parts, service providers, and country. Based on services & parts, the market has been divided into Engine Oil, Gear Oil, Brake Oil, Tires, Batteries, Air Filters, Cabin Filters, Oil Filters, Wiper Blades, Starters & Alternators, Lighting, Exhaust Components, and Spark Plugs. The countries included in the study are Germany, France, Belgium, the Netherlands, and Luxembourg.

Regional Analysis
The report on the Europe car maintenance products market has been segmented based on country as Germany, France, Belgium, Netherlands, and Luxembourg.
Major Players
The major market players operating in Europe’s car maintenance products are Sumitomo Corporation Europe, Belron S.A., Bosch Auto Parts, STP (Energizer Holdings), Mann+Hummel, Exxon Mobil Corporation, and Sumitomo Corporation Europe.
 

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Car accessories serve several purposes and help enhance the looks and upgrade the vehicle. They also help in improving the car’s ability and long-term maintenance of the vehicle. Moreover, car accessories are installed with the intention of improving functionality. For instance, a fog light is an exterior accessory that is useful to drive during the winter season and a rear-view camera is installed to help the car driver reverse and park in a limited space.
The Europe car accessories market is expected to grow substantially during the forecast period, primarily due to the growing automotive industry in Europe. Furthermore, the increased consumer spending in car interiors for increased passenger comfort is expected to support the growth of the car accessories market during the forecast period. Additionally, the growing automotive aftermarket services are likely to create growth opportunities for vendors in the car accessories market. However, the high costs and lack of awareness amongst consumers for genuine products are expected to restrain the Europe maintenance products & car accessories market growth during the forecast period.

Market Segmentation
The Europe Car Accessories market is segmented into interior and exterior based on type.
The Interior segment is expected to register the highest CAGR of 7.25% during the forecast period. The interior car accessories held the largest share in 2020 and include accessories such as Infotainment System, Seat Covers, Mats, Central Locking systems, Odor Remover, Device Charger, Communication System, Switches, and Others.
The seat covers segment accounted for the largest market share of 28.4% in 2019, with a market value of USD 28,253.1 million; it is expected to register the highest CAGR of 7.96% during the forecast period. The infotainment system segment was the second-largest market in 2019, valued at USD 20,067.7 million; it is projected to exhibit a CAGR of 7.51%.
The exterior accessories include LED Lights, Alloy Wheels, Chrome Accessories, Body Kits, Racks, Window Films, Covers, Crash Guards, and Others. Based on Sales Channel, the Europe Car Accessories market is segmented as OEM and Aftermarket.
The aftermarket segment accounted for the largest market share of 62.8% in 2019, with a market value of USD 1,04,597.1 million; the market is expected to register the highest CAGR of 7.23% during the forecast period. OEM segment was the second-largest market in 2019, valued at USD 62,075.9 million; the market is projected to exhibit a CAGR of 6.65%.

Regional Analysis
The report on the Europe Car Accessories market has been segmented, based on the country, into Germany, France, Belgium, The Netherlands, Luxembourg, and the Rest of Europe.
Germany accounted for the largest market share of 31.3% in 2019, with a market value of USD 52,102.0 million; it is expected to register a CAGR of 6.98% during the forecast period. France was the second-largest market in 2019, valued at USD 31,967.9 million; it is projected to register the highest CAGR of 7.70%.

Major Players
The key players operating in the Europe Car Accessories market are Adient Plc, Grupo Antolin, Denso Corporation, Robert Bosch Gmbh, Faurecia, Lear Corporation, Continental Ag, Harman International, Valeo, Alpine

The post Europe Car accessories Market Forecast to 2027 first appeared on CRI Report.

Market Overview
Malaysian Electric Toothbrush Market is anticipated to register a healthy market expansion at a CAGR of 6.47% during the review period to reach a largest market value of USE 18.33 million by the end of 2027. An electric toothbrush oscillates or rotates the bristles using a motor. The electronic version of the toothbrush is more convenient than a manual toothbrush as a timer and pressor sensors encourages correct dental cleaning. Electronic toothbrushes are either rechargeable or battery-operated. Malaysia electric toothbrush market is expected to witness significant growth during the forecast period. Widespread awareness of oral hygiene and the integration of advanced technologies are boosting market growth. Technological advancement in oral hygiene products is anticipated to act as one of the significant factors for the rising growth of electric toothbrush market in Malaysia. However, the high costs of electric toothbrushes are expected to hamper market growth during the forecast period. The market players are expected to witness several growth opportunities through collaborations with dental care specialists.

Market Dynamics
The Malaysia electric toothbrush market is expected to grow at a significant pace during the forecast period. Widespread awareness of oral hygiene and integration of advanced technologies are the prime factors driving the market growth. Mounting growth of the organized retail sector is expected to create new growth opportunities for players in the Malaysia market. However, high costs of electric toothbrushes are anticipated to hamper the growth of the market in coming years.

Market Segmentation
Malesian Electric Toothbrush Market has been segmented in terms of product type, end user, and distribution channel.
Based on product type the market is divided into product type, distribution channel and end-user.

Major Players
The major players of the Malaysian electric toothbrush market are Koninklijke Philips N.V., Procter & Gamble Co., Xiaomi Corporation, Panasonic Corporation, Colgate- Palmolive Company.

The post Malaysian Electric Toothbrush Market Research Report first appeared on CRI Report.

Market Dynamics
South Africa’s AdBlue oil market was valued at USD 194.6 million in 2020 and is expected to register a CAGR of 4.91% to reach USD 281.3 million by the end of 2028. In terms of volume, the market accounted for 356.1 kilotons in 2020 and the demand is projected to reach 483.5 kilotons by the end of 2028. AdBlue, also known as Diesel Exhaust Fluid (DEF), is a blend or an aqueous solution of 32.5% urea and 67.5% of deionized water.

It primarily uses a consumable fluid in diesel and gasoline fuel-based vehicles through selective catalytic reduction (SCR) technology. The product effectively reduces the emission of oxides of nitrogen by chemically reacting with the exhaust gases.

The prominent factor driving the South Africa demand for AdBlue oil is the increasing penetration of passenger cars and commercial vehicles in the African market, wherein South Africa is a lucrative region. In addition to this, the gradual adoption of the global emission norms is likely to boost the consumption of AdBlue oil in the country.

Moreover, changing lifestyle and gradually increasing disposable income of the people in this country are favoring the market growth. However, sluggish economic growth of South Africa on the backdrop of the looming macroeconomic factors is expected to hamper the market growth. Furthermore, fluctuating prices of urea, one of the major raw materials of AdBlue affects the market growth.

Nevertheless, the growing use of emission reduction product in agricultural machinery and construction equipment is expected to mitigate the market restraints in the coming years.

Market Segmentation
South Africa AdBlue oil market has been segmented by application. Based on the application, the market has been segmented into automotive, construction machinery, farm machinery, electronic generators, railway engines, and others.

Automotive is the largest consumer of AdBlue, which accounted for 62.27% share of the market in 2020. This segment is estimated to register the highest CAGR of 5.24% to reach USD 179.7 million by the end of 2028. This growth is mainly attributed to the increasing demand for passenger and commercial vehicles, along with stringent emission norms.

Key end consumers of AdBlue oil include the automotive, construction, and agriculture industries. These industries account for around 80% of the South Africa AdBlue oil market. The demand from the automotive and construction industry has experienced a significant decline primarily due to the shutting down of factories and businesses worldwide, resulting in insufficient availability of raw materials, thereby affecting production on a global scale.

Major Players
The key competitors operating in the global South Africa AdBlue Oil Market are Yara, BASF SE, Engen Petroleum Ltd., and Viscol. Co.Za.

The post South Africa AdBlue Oil Market Research Report forecast 2027 first appeared on CRI Report.

Market Overview
As per the CRI analysis, the global mercaptan market is anticipated to register a notable CAGR of 5.35% to record the largest market value of USD 2,693.57 million by the end of 2030.
Mercaptan is the class of natural mixtures, made from an aryl or alkyl bunch and a thiol bunch. Mercaptan is otherwise called methanethiol and is an innocuous yet impactful smelling gas that has been portrayed as having the odor of spoiling cabbages or foul socks. It is frequently added to gaseous petrol, which is dismal and scentless, to make it simpler to distinguish. It is a natural substance made of carbon, hydrogen, and sulfur. It is tracked down normally in residing living beings, including the human body, where it is a side-effect of ordinary digestion. It is one of the synthetics liable for the foul smell of awful breath and flatulence.
The utilization of chemical composts, pesticides, and other chemical-based farming items is a broad worldwide peculiarity. Mercaptan is utilized in farming applications as a halfway in the development of pesticides and fungicides. Pesticides and fungicides are widely utilized in current horticulture and are a powerful and affordable method for upgrading the yield quality and amount, subsequently guaranteeing food security for the steadily developing populace all over the planet. However, the rising health and environmental concerns are expected to restrain the global market during the review period.

Market Segmentation
The mercaptan market has been divided in terms of type and application.
Based on Type the global market is classified into Methyl Mercaptan, Ethyl Mercaptan, Propyl Mercaptan, Butyl Mercaptan, Octyl Mercaptan, Dodecyl Mercaptan, and Others.
By Application the market comprises of Pesticides, Jet Fuels and Plastics, Natural Gas, Food and Nutrition, Animal Feed, and Others.

Regional Analysis
The Asia-Pacific market represented the biggest offer, by worth and volume, trailed by the North America and Europe markets in 2020. The market in Asia-Pacific offers valuable open doors for development to producers and is scheduled to enroll the most elevated CAGR. This development can be primarily credited to the expansion in government speculations, extension of creation limit, a coordinated effort of central members in the district, and popularity from end-use ventures. Further, China arose as perhaps of the biggest maker and shoppers of agrochemicals, which further credited to the development of mercaptan in the country.
North America represented the second-biggest market. The development in the North America mercaptan market is primarily credited to the developing chemical industry in the US. Chemical ventures will lead utilization of mercaptan in North America because of their expanded utilization for the combination of specialty chemicals and holes distinguishing proof. Besides, countless worldwide organizations are wanting to extend and construct new offices in the district. The development in Europe can be for the most part ascribed to mechanical headways, and advanced mercaptan industry.

Competitive Landscape
Some of the key players operating in the global mercaptan market are Chevron Phillips Chemical Company LLC., ARKEMA, Huntsman International LLC., Evonik, TORAY FINE CHEMICALS CO., LTD., and Jiande Xingfeng Chemical Co., Ltd.

The post Mercaptan Market Research Report Information By Methyl Mercaptan, Ethyl Mercaptan, Propyl Mercaptan, Butyl Mercaptan, Octyl Mercaptan,Dodecyl Mercaptan, others) Application Pesticides, Jet Fuels and Plastics, Animal Feed, others) Forecast Till 2030 first appeared on CRI Report.