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https://sites.google.com/dlfcityfloors.in/dlf-independent-floors-phase5/home0 0 Reacties 0 Aandelen - What are the Key Applications and Use Cases for Automotive Radar in the Market?
Indian End-of-Life Vehicle and Dismantling Market Research Report@ https://www.psmarketresearch.com/market-analysis/indian-end-of-life-vehicle-and-dismantling-market
Vehicles equipped with advanced driver-assistance systems (ADAS) require large number of radars, as these enable numerous automobile features. ADAS features like eye-tracking, virtual assistance, gesture recognition, natural language interface, virtual assistance, and speech recognition are extensively dependent on advanced radar systems.
Moreover, future developments in ADAS technology will propel the installation of radar-enabled detection units in the vehicles. Owing to this reason, the automotive radar market will progress at a CAGR of 8.4% during 2020–2030. According to P&S Intelligence, the market generated revenue of $5,839.0 million in 2019.
Moreover, surging deployment of long-range radars (LRRs) will supplement the market growth in the forecast period. LRR equipped automobiles can detect other vehicles and other foreign objects in their path, which are up to 150 meters away. This range is extremely wider than short- and medium-range radars. Hence, the improving object detection capabilities of LRRs are increasing their adoption in autonomous vehicles, as they assist in enhancing the safety features of the automobiles. In addition to safety features, the installation of LRRs offers comfort to the drivers while on road.
0 0 Reacties 0 Aandelen - High Performance Plastics Market Analysis, Future Growth, Major Key Players, Opportunity and Forecast 2032
High Performance Plastics Market Scope:
High performing plastics are specially designed polymers that demonstrate unique properties such as high mechanical strength and resistance to chemicals as well as to high temperatures, especially. The increasing mechanical strength of high performance plastics has helped them to become an essential component in the global manufacturing sector. On the other hand, additive manufacturing has replaced the time-consuming processes used in the production of large-volume plastic components.
Extensive adoption of this plastic in the various burgeoning industries such as automotive and electronics is driving the market for high performance plastics. Moreover, constant technological advancements and efforts transpired in the field of plastic for the improvement of resistance to temperature and chemicals and mechanical properties are escalating the market on the global platform, paving the way for the growth for the high performing plastics.
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Acknowledging the colossal growth, the market is witnessing currently, Market Research Future (MRFR) in its recently published study report asserts that the global High Performance Plastics Market is forecasted to witness exponential accruals by 2023, registering approximately 7% CAGR during the review period. The automobile and consumer goods sectors are two of the prominent end-use industries that are creating a huge demand for high performance plastics.
The automotive sector has hugely absorbed the sturdy yet lightweight, high performance plastics for the making of various automotive parts and components due to the various benefits that this plastic can offer, such as low consumption of fuel and hence reduced carbon foot prints. Also, high performance plastics have eased the design and production of automotive components. The constant demand from the automotive sector is one of the major driving forces behind the growth of high performance plastics market.
On the other hand, volatility in the prices and demand & supply gap in the raw materials required for the production of high performance plastics are some of the key factors obstructing the market growth, largely. Nevertheless, the rapidly improving economic conditions, worldwide, are expected to support the market growth by increasing consumers’ purchasing power making luxury items such as automotive and electronics affordable for them.
Competitive Dashboard
The prominent players operating the global high-performance plastics market are
Saint-Gobain Performance Plastics Corporation (France)
Kuraray Co. Ltd. (Japan)
Celanese Corporation (U.S.)
Daikin Industries Ltd. (Japan)
BASF SE (Germany)
Solvay S.A. (Belgium)
Arkema S.A. (France)
3M Company (U.S.)
Saudi Basic Industries Corporation (SABIC) (Saudi Arabia)
Evonik Industries AG (Germany)
EMS-CHEMIE AG (Switzerland)
DSM Company (The Netherlands)
Kuraray Europe GmbH (Germany)
E. I. Dupont De Nemours and Company (U.S.)
and Victrex PLC (U.K.).
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