Persistence Market Research

Industrial Dryer Market to Grow at CAGR of 3.5% Through 2024

LogoRobust demand for industrial dryers in the food and pharmaceutical industry is expected to influence the overall growth of industrial dryers market in the near future. In order to maintain a superior product quality and functional value, end user industries such as food and pharmaceutical heavily depend on high performance dryer systems. In addition, stiffer government guidelines for manufacturing processes coupled with increasing concerns over sustainable industrial expansion has compelled these industries to intensify production operations. A study conducted by Persistence Market Research (PMR) reveals that the demand for new industrial dryers will reach at 3,049 units globally by 2024.

Motorcycle Electronics Market to Observe High Growth by 2025

LogoThe motorcycle market has evolved significantly from complete mechanical systems in the past to electronics systems in the present. Efficiency of a motorcycle greatly depends on power to weight ratio, advanced electronics in the motorcycle has not only enabled new features and characteristics, but has also helped to significantly reduce weight of the vehicle.

Recreational Vehicles Market Will Hit at a CAGR of 7.0% from 2016 to 2024

LogoNorth America sales of recreational vehicle are projected to reach US$ 26.19 Bn by 2024 end, expanding at a CAGR of over 7%. In terms of consumption volume, recreational vehicles will possibly exceed 465,000 units within the first half of the assessed period i.e. by 2020 end.

Engine Flush Market Foreseen to Grow Exponentially over 2026

LogoEngine is an essential part of a machine, which produces mechanical energy, imparting motion to the vehicles. For engines to yield high efficiency, change of engine oil is required at regular intervals of time. The main function of the engine oil is to keep the lubrication of the crankshaft and maintain the cooling in the engine. During high temperature the engine oil gets carbonized forming sludge, which is a contaminant. The contaminants such as sludge, tar and other harmful contaminants continue to move within engine compartment, thus causes wear and tear resulting into reduced lubrication. Oil change in a contaminated engine will only result in poor efficiency. Hence to remove these harmful contaminants before changing of oil, engine flush is used.

Smart Glass in Automotive Market Set to Witness an Uptick During 2016-2026

LogoA smart glass is a type of glass that modifies and controls the light properties passing through it as per the variation in the light intensity, fluctuation in voltage and heat variation. Initially the scope of the smart glasses was limited to only construction and architectural purposes but nowadays it has widen to aviation, rail, marine and automotive. Rapid research and development in this segment has attracted many private players and government agencies to invest in this technology. Due to this reason the number of players offering smart glass to the automotive company has increased significantly in the recent years. Also the countries like China and India offer tremendous opportunity for automotive market growth, so smart glass manufacturers are trying to expand their business in these emerging economies. There are wide applications of smart glass in any automotive that includes rear and side view mirror, sunroofs, windshield, backlights and sidelights so the smart glass in automotive has a healthy growth potential in the further future. Also there are safety regulations pertaining to the glass used in automotive these days and this leads to the increased usage of this smart glasses in order to be in line with the norms of a specific region. The global smart glass in automotive market is anticipated to have a lucrative CAGR in the forecasted period.

Lithium Iron Phosphate Batteries Market Significant Profits Estimated to Be Generated by 2026

LogoLithium ion battery equipped with phosphate as a cathode offers safety to the battery and temperature stability leading to balance in short circuit and overcharge conditions. This is thus, surging lithium iron phosphate batteries usage across various applications. Lithium phosphate provides better electrochemical performance along with low resistance as compared to other available variants of lithium batteries. Benefits associated with use of lithium phosphate batteries includes improved battery performance, battery safety, internal cell balancing, less maintenance, low weight, high energy density, among others. Owing to aforementioned benefits, lithium iron phosphate batteries usage in electric vehicles, power tools, .portable instruments, cell phones, laptops, small medical equipment is expected to witness surge in the next five to six years. Manufacturers across the globe are focused on developing new and advanced electrode materials in order to enhance applications of lithium iron phosphate batteries. Currently, lithium iron phosphate batteries are widely used in automotive industry. Batteries used in electric vehicles require long charging, high-performance, strong charging capabilities, which has led towards development of efficient batteries along with cost optimisation to the manufacturer.

Nonwoven Fabric Market Is Expected to Reach US $66.8 Bn by 2024

LogoGlobal consumption of nonwoven fabric spun is estimated to witness Y-o-Y rate of 8.3% in 2016 end. The polypropylene segment is estimated to account for maximum revenue share of ~71% by 2016 end and is expected to maintain its dominance over the forecast period.

Automotive LiDAR Market Trends Estimates High Demand by 2025

LogoLiDAR or light detection and ranging is a remote sensing technology which is becoming hugely popular amongst the automobile manufacturers. It collects 3-dimenional points of earth's surface and is widely used by the automobile manufacturers to automate the driving of vehicles. It enables safe navigation which would ensure obstacle detection and avoidance. Almost all the OEMs (Original Equipment Manufacturers) are implementing LiDAR to automate the driving experience. With LiDAR possessing huge revenue potential, it is playing an important part in the growth and sales of automobiles. There has been a decrease in manufacturing price of LiDAR due to hike in the numbers of the automated vehicle.

Industrial Crane Market Share Will Expand Till 2025

LogoCrane is a machine used for lifting and lowering materials with the help of metallic cables and to move them in a horizontal direction. The crane mechanism comprises of high tensile cables, ropes, and chains, coiled over a hoisting drum and several pulleys. Most commonly, these cranes are used in various industries for continuous operation and at container handling spots. High technological development in the crane industry has led to more reliable and energy efficient cranes.

Automotive Decompression Units Market to Record Study Growth by 2025

LogoIn any internal combustion engine, the air mixture and fuel get ignited, and power is generated. But in the entire process, there is one more thing that helps, and that is the pressure. This pressure is created due to the compression in the combustion chamber by the piston. But sometimes it so happens that this compression can get inefficient or fatal for working purposes, and the pressure has to be released a little which is called decompression. You reduce the compression or the pressure inside the chamber for everything to work well. This is needed at certain times like during the initial ignition of the engine start up. During the first start, there is already pressure buildup due to the end of the engine running in the previous cycle of running. The decompressor system reduces compression in the cylinder at low rpm for an easy start. Decompressor systems are often used with single cylinder four-stroke engines, but some manufacturers utilize these benefits on other engine configurations as well, including V-twins.