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Smart Transportation Market 2020 Emerging Technologies, Sales Revenue, Key Players Analysis, Development Status, Opportunity Assessment And Market Strategies 2025

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Advances in computational functionalities and fast paced developments in connected devices, coupled with seamless access to pervasive internet have ushered need transformation amongst urban population.

Factors such as skyrocketing rise in global population, improved inclusiveness within the ambit of middle-class urban population, and affordable availability of automobile variants have catapulted large scale adoption of automobile across global spectrum. Besides unperturbed rise in technological sophistication, growing burden of road accidents and mishaps on the back of compromised transportation networks have further enunciated advances in transport management.

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Burgeoning advances in autonomous vehicles is also expected to tangibly propel swelling adoption to smart transportation system in the forthcoming years. Smart transport system is a revolutionary upliftment of manual transportation monitoring system into a digitized environment to effectively monitor transit management of passengers and goods alike with negligible chances of human error.

With significant advances in economic inclusivity and undying progress in transportation system as well as large scale adoption of automobiles worldwide, factors such as road congestion, inappropriate parking patterns, as well as widespread road accidents often leading to fatality, have prompted palpable advances in smart transportation system in the past decade.

Transportation of passengers as well as freight is constantly challenged by an inferior transport infrastructure, affecting economies and time management at large. Developments such as adequate public transport system are constantly being upgraded with conjunctive solutions in transportation and connectivity, thus initiating rampant dependence and concurrent growth in smart transportation market in forthcoming years.

For numerous factors discussed henceforth, smart transportation system is expected to not only revolutionize commute communication at a mass scale, it is also anticipated to herald progressive alterations across logistics industry. Growing e-commerce industry with stupendous service upgradation such as same day delivery and delivery beyond geographical limitations are estimated to further intensify reliance and concurrent adoption of smart transportation system.

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Complying with emerging consumer tendency for improved services such as constant tracking and improved security of freight, e-commerce space has been constantly upgrading to improved logistics support. These advances are anticipated to fetch numerous milestones in smart transportation market in the near future.

Needless to mention, real time tracking of goods empowers enterprises to render spontaneous and informed delivery decisions, thus improving user experience. Further, IoT backed transport data such as real time positions of vehicles used in logistics enables consumers to attain exact ETA (Estimated Time of Arrival), thus further enhancing consumer satisfaction and subsequent retention. In this light, benefits such as real time location assessment as well as optimized asset management is like to drive adoption of smart transportation system across end-use industries such as logistics and e-commerce.

Mature economies which are pushing their boundaries in trade and commerce are vehemently relying on IoT and connected devices to stay ahead in the league. In this given line, it is imperative to discuss the ongoing strides made in Turkey which is ahead in the ball game of optimum transport advances on the back of its superlative transportation and logistics capabilities. On the back of a staggering population and constant advances in trade and commerce Turkey has of late embraced new technologies thus manifesting sustainable lead in smart transportation market.

With receding rural population and steadily growing urban fringe, Turkish municipalities have increased their transport system budgeting to about 40% from a former 20% allocation. Coinciding with its growth objective to emerge as a top ten global economy, and its strategic agreement with the EU, rapid growth in transportation and logistics is imperative to adhere to EU transportation norms. These developments are therefore likely to bode well with growth in smart transport system market.

Additionally, developing economies across APAC and ASEAN economies are offering ripe growth triggers for improved transportation and logistics system. Besides evident growth efforts leveraged by federal governments a fast-growing middle-class population in the region is an eminent growth booster.

The situation has propelled consumerism, thereby allowing entrepreneurs to traverse an extra mile to satiate consumer expectations with improved transport and logistics support, which remains crucial for most consumer centric industries.

Synchronization in online and offline sales channels further intensifies dependence on an unfailing logistics network. Additionally, Singapore’s objective of Smart Nation Plan further necessitates larger control on logistics and transportation system. Ownership of connected devices and error-free data exchange via affordable wireless technology are expected to lend a multi-layered growth blanket to smart transportation market in Singapore.

Smart City Initiatives Setting the Course for Advanced Smart Transport Market

The smart transportation market is growing at an astral rate and is anticipated to trigger a magnificent market valuation of over xx billion USD in the year 2015, elevating from its former value of xx billion USD during the historical year of 2018, clocking in a decent CAGR of xx% through the forecast tenure.

Smart transportation market is expediting at an astral pace and is poised to remain steady with rapid strides in smart city infrastructure picking up pace across regions.

shared mobility is a significant trend in modern transportation model. Factors such as empathetic concerns towards environmental sustainability and judicious utilization of resources set the course for success shared mobility structure across the globe. Growing investments and stakeholders in shared ride services further strengthen scope for smart transportation system with integrated mapping services linked to smart devices.

Expanding boundaries of urbanization have set the course for smart city dwelling with advanced technologies and connected devices infrastructure. Smart city vision has been making ripe advances for sustainable accommodation. Developed as well as developing economies are fast treading the path of smart city infrastructure. To perfectly blend the concept of sustainable living advances in smart transportation id highly recommended. Smart city expeditions are catching up fast across emerging economies. Singapore has recently bagged its maiden recognition as Smart City of 2018 at Smart City Expo World Congress organized in Barcelona.

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Additionally, China has been making big in smart city development with fund allocation by tech giants. Companies such as Huawei, Tencent, Alibaba, and Ping An have come up with a vision to transform as many as 500 Chinese cities into smart cities, under their collaborative initiative, PATH. Developments as such offer substantial backing for advances in smart transportation market.

Favoring intelligent and wise decision making in smart transportation market, this section of the report has rightly segregated smart transportation market into broad segments such as type, application, and region. By application, smart transportation market is bifurcated into commercial and personal amongst others. The following is a systematic representation of application wise stratification in smart transportation market.

By Application

Road Safety

Public Transport

Automotive Telematics

Traffic Management

Freight Management

Environmental Protection

Others

Amongst these applications, freight as well as traffic management are likely to witness surged adoption, enabling multifold growth in smart transportation market.

The following is a systematic representation of type wise stratification in smart transportation market.

By Type:

Advanced Public Transportation System (APTS)

Advanced Traveler Information System

Commercial Vehicle Operation

Vehicle-to-Vehicle Interaction

Advanced Traffic Management System

Vehicle-to-Infrastructure Interaction

Enabled Transportation Pricing System

By regional diversification, smart transportation market is demarcated into Europe, North America, South America, APAC, and MEA.

The following is a systematic representation of region wise stratification in smart transportation market.

By Region:

North America

Europe

APAC

Latin America

MEA

RoW

Despite ample initiatives for establishing smart transportation across cities, economies are facing bottlenecks such as budget constraints, and sluggish infrastructure development, more emphatically across emerging countries. However, ample funding solutions as well as investments such as smart vehicle development across these growing regions is likely to manifest growth transitions in smart transportation market. Factors as such have favored North America’s leading stance in smart transportation market, with APAC likely to maintain its second lead.

A Glance at Competition Spectrum: Smart Transportation Market

In the succeeding sections, the report jots crucial understanding on vital developments and forerunners in smart transportation market. The report is aimed to enable lucrative business strategies by industry stalwarts and amateur aspirants in smart transportation market. The report specifically highlights major market movements and lucrative business strategies that render promising revenue pools in smart transportation market. Some of the leading players in smart transportation market comprise, Siemens, FLIR Systems, Thales, Denso and others.

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Heat Exchanger Market : Industry Analysis and Forecast (2017-2024)

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Global Heat Exchangers Market is expected to reach USD 26.55 Billion by 2024 from USD 13.93 Billion in 2016 at a CAGR of 8.4%.

1MMR

Surge in power requirement for commercial and non-commercial purposes, and increase in population and economic growth in the developing nations are of the factors driving the market growth. Technological development in heat exchanger and growth have a impact on the heat exchanger market such as the development of waste heat recovery heat exchangers and the introduction of exhaust gas recirculation coolers. Fluctuating prices of raw material may hamper the growth of the heat exchanger market.
Global Heat Exchangers Market

Heat exchangers market based on type has been segmented into shell & tube, air cooled, plate & frame and others. Shell & tube type heat exchanger segment is is most popularly used exchanger.Shell & tube heat heat exchanger offers high surface are with high efficiency and performance. Heat exchangers are widely accepted equipment owing to its eco-friendly and energy-efficient properties.

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Chemical, petrochemical and oil & gas, food & beverage, paper & pulp, power generation and others. Chemical segment dominates the heat exchanger market. Heat exchanger in chemical industry is used for heating, cooling , steam generation and heat transfer. Heat exchanger is commonly used in synthesis flow process of various derivative chemical. Chemical segment is followed by oil & gas industry.

Geographically, the heat exchangers market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America is expected to hold largest shares of the market during the forecast period. This is due to the large installed plant capacities of heat exchangers and it is an export-based heat exchangers market.

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Scope of the report:

Heat Exchangers Market, by Type:
• Shell & Tube
• Air Cooled
• Plate & frame
• Others

Heat Exchangers Market, by Application:
• Chemical
• HVACR
• Petrochemical and Oil & Gas
• Food & Beverage
• Paper & Pulp
• Power Generation
• Others

Heat Exchangers Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Key Players Analysed in the Report:

• Alfa Laval AB (Sweden)
• Danfoss A/S (Denmark)
• Kelvion Holdings Gmbh (Germany)
• SPX Corporation (US)
• API Heat Transfer Inc. (US)
• Xylem Inc. (US)
• Gunter AG & Co. KG (Germany)
• Hindustan Dorr-Oliver Ltd. (India)
• Hamon & Cie International SA (Belgium)
• Hisaka Works, Ltd. (Japan)

MAJOR TOC OF THE REPORT

Chapter One: Heat Exchangers Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Heat Exchangers Market Competition, by Players

Chapter Four: Global Heat Exchangers Market Size by Regions

Chapter Five: North America Heat Exchangers Revenue by Countries

Chapter Six: Europe Heat Exchangers Revenue by Countries

Chapter Seven: Asia-Pacific Heat Exchangers Revenue by Countries

Chapter Eight: South America Heat Exchangers Revenue by Countries

Chapter Nine: Middle East and Africa Revenue Heat Exchangers by Countries

Chapter Ten: Global Heat Exchangers Market Segment by Type

Chapter Eleven: Global Heat Exchangers Market Segment by Application

Chapter Twelve: Global Heat Exchangers Market Size Forecast (2019-2026)

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Global Neurovascular Devices Market : Industry Analysis and Forecast (2017-2026)

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Global Neurovascular Devices Market was valued US$ 1.95 Bn in 2017 and is expected to reach US$ 4.34 Bn by 2026, at CAGR of 10.52% during forecast period.

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Advancement of innovative technology has led to significant demand for procedures with minimum invasion. Slightly invasive procedures offering benefits to the patients including decreased pain, less blood loss and cost-effectiveness will increase adoption of neurovascular surgeries, these factors will also help to accelerate neurovascular devices market growth.

Furthermore, Technological advancements in neurovascular devices will help as a high impact rendering factor for neurovascular devices industry growth. Additionally, a growing number of cases of a brain aneurysm and ischemic stroke across the U.S. will be a major factor driving market growth. Ischemic stroke is the highest occurring subtype of stroke in the U.S. and stroke is the fourth leading mortality factor. According to The American Journal of Medicine, approximately 795,000 strokes occur each year in the country. With increasing geriatric population across the country, the burden of ischemic stroke is rapidly rising that will result in substantial demand for neurovascular devices over the upcoming years

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At the same time, the greater cost associated with neurovascular devices and treatment can reduce the adoption and customer preference for the devices. Furthermore, challenges pertaining to commercialization of neurovascular devices due to lack of resources and proper business environment across emerging economies may restrict neurovascular devices market growth in the foreseeable future.

Based on type, Embolic coils product segment accounted for the largest market size of USD XX million in 2017. Minimal invasion, shape and size flexibility these benefits offered by embolic coils will contribute to the segmental growth. Embolic coils are cost-effective and offer sub-optimal angiographic results. With increasing patient suffering from a brain aneurysm, neurovascular devices market will foresee a remarkable increase in demand during the forecast period.

Among the regions, Asia-Pacific holds the largest share of neurovascular devices market, in 2017. This region is expected to continue its dominance during the forecast period. North America accounted for the largest market share of the total market in 2017 and is expected to hold the top position over the forecast period. Key factors driving this growth include favorable reimbursement structure, especially in the U.S., extensive R&D investments, and wide product usage by neurosurgeons supported by the availability of advanced technologies with higher efficiency and reliability. The Asia Pacific is the fastest-growing region, with India and China on the forefront. Major revenue contributor in this region is Japan, which is anticipated to maintain dominance during the forecast period, on account of increasing awareness about neurovascular diseases and its management.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the global neurovascular devices market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the global neurovascular devices market.

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Scope of Global Neurovascular Devices Market:

Global Neurovascular Devices Market, By Type:

• Cerebral Embolization and Aneurysm Coiling Devices
o Embolic Coils
o Flow Diversion Devices
o Liquid Embolic Agents
• Cerebral Angioplasty and Stenting Systems
o Carotid Artery Stents
o Embolic Protection Systems
• Neurothrombectomy Devices
o Clot retrieval Devices
o Suction Devices
o Vascular Snares
• Support Devices
o Micro Catheters
o Micro Guidewires

Global Neurovascular Devices Market, By Therapeutic Application:

• Stroke
• Cerebral Artery Stenosis
• Cerebral Aneurysm
• Others

Global Neurovascular Devices Market, By End-user:

• Hospitals
• Clinics
• Ambulatory Surgical Centers
Others

Global Neurovascular Devices Market, By Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Key Players Operated in Market Include:

• Stryker Corporation
• Medtronic plc
• Johnson & Johnson
• Terumo Corporation
• Penumbra, Inc.
• Abbott Laboratories
• Merit Medical Systems, Inc.
• W. L. Gore & Associates, Inc.
• MicroPort Scientific Corporation

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MAJOR TOC OF THE REPORT

Chapter One: Neurovascular Devices Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Neurovascular Devices Market Competition, by Players

Chapter Four: Global Neurovascular Devices Market Size by Regions

Chapter Five: North America Neurovascular Devices Revenue by Countries

Chapter Six: Europe Neurovascular Devices Revenue by Countries

Chapter Seven: Asia-Pacific Neurovascular Devices Revenue by Countries

Chapter Eight: South America Neurovascular Devices Revenue by Countries

Chapter Nine: Middle East and Africa Revenue Neurovascular Devices by Countries

Chapter Ten: Global Neurovascular Devices Market Segment by Type

Chapter Eleven: Global Neurovascular Devices Market Segment by Application

Chapter Twelve: Global Neurovascular Devices Market Size Forecast (2019-2026)

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Global Gunshot Detection System Market : Industry Analysis and Forecast (2017-2026)

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Global Gunshot Detection System Market was valued US$ 920.2 Mn in 2017 and is expected to reach US$ 7120.7 Mn by 2026, at CAGR of 29.2% during forecast period.

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The major growth drivers of the gunshot detection system market include the rise in demand for advanced security systems, increasing demand for security in various industry verticals, and rising criminal activities in urban areas. In addition, Increased incidences of gun-firing, especially at school premises, have led to various security measures, such as warning people in close proximity and alerting authorities to the location of the shooting all these factors will drive the growth of Gunshot Detection system market during the forecast period. Increasing government initiative side has led to the growth of the Gunshot Detection system across the globe. The latest trend for smart cities across the globe is resulting in the quantitative increase in demand of Gunshot across the nation.

Growing investment in border security is also likely to drive the market growth in the coming years, as gunshots systems can help border security forces to detect and stop any attempts of smuggling, infiltration, and illegal immigration. Also, with a little amendment of the system, it might be possible for the manufacturers to help forces identify criminals and detect illegal entry even in the absence of gunshots. Various law enforcement agencies across global are now deploying various strategies in order to control the increased incidents related to the mass shooting, which will further increase the demand and interest in advanced gunshot detection technology.

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At the same time, the factors that are limiting the market are the scarcity of gunshot detection professionals, the high installation cost of gunshot detection systems. Also, worldwide financial uncertainty and macroeconomic situations such as currency exchange rates and economic difficulties are some of the major challenges which are hampering the growth of Gunshot Detection System Market.

Based on the installation, the vehicle installations segment is expected to account for the largest share of the gunshot detection system market over the period. The growth in the vehicle installations segment is due to the upgradation of existing armored vehicle fleets. The increasing delivery of new armored vehicles is also leading to increasing demand for armored vehicles. Increasing soldier modernization programs are also contributing to the demand for overall GDS.

The global gunshot detection systems market is mainly dominating by Raytheon products, both in military and civilian applications. Shotspotter, which sells civilian versions of Raytheon’s gunshot detection system through the license, generated a revenue of around XX million in 2017. The product obtaining cost for gunshot detection systems is very low. The civilian usage of gunshot detection systems is gradually increasing across various countries, with the threat from random shooters and terrorists augmenting the demand from civilians.

North America is expected to drive the growth of the gunshot detection system market during the forecast period, 2017 to 2026. The gunshot detection system market in North America is expected to witness growth, because of the largest civilian gunfire deaths in the region, especially in the US where the firearm-related death rate is 25 times higher than other countries. Major US cities are planning to install indoor gunshot detection systems at universities, corporate office locations, and financial facilities, among others, over the next few years.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the Global Gunshot Detection System Market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global Gunshot Detection System Market.

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Scope of Global Gunshot Detection System Market:

Global Gunshot Detection System Market, By Type:

• Indoor
• Outdoor
Global Gunshot Detection System Market,By Installation:

• Fixed Installation
• Wearable Installation
• Vehicle Mounted Installation
Global Gunshot Detection System Market, By Application:

• Military
• Law Enforcement
Global Gunshot Detection System Market, By Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Key Players Operated in Market Include:

• Raytheon Company
• Thales Group
• Battelle Memorial Institute
• Rafael
• Safran Electronics & Defense
• Rheinmetall AG
• ELTA Systems Ltd

MAJOR TOC OF THE REPORT

Chapter One: Gunshot Detection System Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Gunshot Detection System Market Competition, by Players

Chapter Four: Global Gunshot Detection System Market Size by Regions

Chapter Five: North America Gunshot Detection System Revenue by Countries

Chapter Six: Europe Gunshot Detection System Revenue by Countries

Chapter Seven: Asia-Pacific Gunshot Detection System Revenue by Countries

Chapter Eight: South America Gunshot Detection System Revenue by Countries

Chapter Nine: Middle East and Africa Revenue Gunshot Detection System by Countries

Chapter Ten: Global Gunshot Detection System Market Segment by Type

Chapter Eleven: Global Gunshot Detection System Market Segment by Application

Chapter Twelve: Global Gunshot Detection System Market Size Forecast (2019-2026)

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Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact info:

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Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.

Email: [email protected]

Contact: +919607065656/ +919607195908

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