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Industrial Power Supply Market Regulations And Competitive Landscape Outlook To 2034

Posted by Latest Market Trends on April 25, 2024 at 8:14am 0 Comments

The industrial power supply market is estimated to be worth US$ 8.2 billion in 2024 and is projected to be valued at US$ 21.5 billion in 2034. Between 2024 and 2034, the industry is poised to rise at a CAGR of 10.1%. The growing integration of industrial automation and the implementation of Industry 4.0 initiatives are contributing to a heightened demand for dependable and efficient power supplies. This demand stems from the necessity of providing stable and accurate power delivery to… Continue

Ferrochrome Market Global Industry Trends, Growth, Share, Size and Forecast Research Report 2032

Posted by Shabaz Sayyed on April 25, 2024 at 8:13am 0 Comments

The latest report, titled ‘Global Ferrochrome Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Ferrochrome market scenario. The research report provides the reader with an in-depth interpretation of the Ferrochrome market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell,… Continue

Dining in Style With Wedgwood, Waterford, and Jay Strongwater

Posted by Homebello Company on April 25, 2024 at 8:12am 0 Comments

In the world of sophisticated dining experiences, the amalgamation of exquisite tableware becomes an art form. Let's explore the epitome of elegance with the timeless allure of Wedgwood dining plates, the crystal brilliance of Waterford Crystal, and the artisanal touches.



Wedgwood Dinnerware: Timeless Tablescapes



The… Continue

Radar Based In-Cabin Sensing Systems Outlook, Industry Analysis and Prospect 2021-2027

A rise in the number of vehicle accident across the globe is generating the demand for vehicle with the driver monitoring and other safety features such as ADAS, drive monitoring and passenger occupancy. As per WHO motor vehicle crash kills around 3000 people every day and major incidences or accident happens due to the driver’s error, reveled in a study. Moreover, the major reasons for crashes were distraction, sleepiness, and excessive speed. Moreover, the demand of driver monitoring system (DMS) is contributing to the growth of the In-cabin sensing systems to track driver’s gesture and other states such as drowsiness, anger, distraction as drowsiness can decrease reaction time towards a situation, or anger can lead to risky driving behavior.
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Furthermore, numerous applications for in-cabin sensing are designed with the aim to keep passengers safe, but child-presence detection and the occupant monitoring feature is one of the main application which is gaining end-user’s traction among end-users. Also, around 39 children die on average each year due to vehicle trapping worldwide, as reveled by a safety organization “Kids and Cars”. Moreover, every nine days, on average, a child in the US dies after being left in a hot car. Also, the decreased price of sensors in across the glove would lead to the more deployment as the reduced process would help put an end to that senseless tragedy.
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Also, the mandates and regulations by the government such as USA-Hot Car Act, USA- Safe Act of 2020, USA-Moving Forward Act, Euro NCAP , ANCAP (Australia), US NCAP is acting as a growth catalyst to the industry and would help in the market growth in the forecast period as well.
ALSO READ : http://www.marketwatch.com/story/june-2021-report-on-global-kids-el...

Based on the application, the market is fragmented into Driving Monitoring Systems (DMS), Passenger Occupant Systems (POS), Gesture UI Control, Theft Prevention System and Others. The driver monitor system segment dominated the market with around 46% market share. The segment generated the revenue of USD 164.4 Mn in 2020. However, the Passenger Occupant Systems (POS) is anticipated to grow at the highest CAGR during the forecast period and reach USD 1,351.4 Mn by 2027F.
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Radar based in-cabin sensing system is deployed in various types of vehicles. The market is segregated based on the Sedan Cars, Hatchback, SUVs and Others. The SUV segment grabbed the major market share and dominated the market and generated the revenue of worth USD 199.3 million in 2020. Moreover, the revenue of segment is expected to reach to USD 3,624.7 million by 2027. With 29.77 million units sold, the SUV earned the top position among all segments in 2018. Volume grew by 6.8%, or almost 1.9 million units, which is impressive considering the economic situation in the three largest vehicle markets: USA, China, and Europe. However, the sedan segment would proliferate with a CAGR of 56.2% during the forecast period of 2021-27.
For a better understanding of the market adoption of the Radar Based In-Cabin Sensing Systems Market, the market is analyzed based on its worldwide presence in the countries such as North America (United States and Canada), Europe (Germany, France, Italy, Spain, United Kingdom and -Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of APAC), and Rest of World. North America constitutes a major market for the Radar Based In-Cabin Sensing Systems industry and generated revenue of USD 148.6 million in 2020 owing to the presence of well-established in the region and offering of new solutions by them.
Some of the major players operating in the market Hyundai, Robert Bosch GmbH, Bitsensing Inc., General Motors, Texas Instruments, Inc., Infineon Technologies, Denso Corporation, Jaguar (JRL), NXP, Smart Radar Systems. Several M&A’s along with partnerships have been undertaken by these players to develop Radar Based In-Cabin Sensing Systems.A rise in vehicle accidents is one of the key factors contributing to the growth of the market. As per the World Health Organization, approximately 1.35 million people die each year because of road traffic crashes. More than 90% of road traffic deaths occur in low- and middle-income countries. Moreover, driver distraction is one of the prominent reasons for the vehicle crash accident. As per a study, around 11% of the vehicle crashes in the United States happened due to a driver’s mistake. In Addition, road traffic injury death rates are highest in the African region. As per International Telecommunication Union, technology-caused driver distraction is a global problem and has its stake in the more than 1.2 million people dying in road crashes each year. Some of the main internal sources of driver distraction are adjusting temperature controls, moving an object in the vehicle, using a device or object integral to the vehicle, as revealed by WHO.
Moreover, the demand for passenger occupancy systems due to the surging number of child fatalities in hot cars is adding growth to the market of in-cabin sensing systems. As per National Safety Council, 2018 was the deadliest year on record in the past 20 years (since 1998) as 53 children died in hot cars. Since 1998, around 800 children's have died in hot cars, and out of that 54.2% of deaths happened due to the forgetting a child in a vehicle by a caregiver, 25.2% of deaths happened as the child gained access to the vehicle and 19.1% deaths happened due to knowingly leave the child in the vehicle.
Also, the COVID-19 adversely impacted the production and inventories of automobiles and their components. Worldwide, the sector has experienced a collapse in demand for new vehicles of something in the order of 30 percent as a result of the crisis. The exact reduction varies by region, with China experiencing a decline of about 23 percent and Europe suffering a decline closer to 40 percent, with variations within regions.
Hyundai, Robert Bosch, Bit sensing, General Motors, Texas Instruments, Infineon Technologies, Denso Corporation, Jaguar (JRL), NXP, Smart Radar Systems, etc., are some of the prominent players operating in the global In-Cabin Sensing Systems market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products.
Insights Presented in the Report
“Amongst Application, Driver monitoring systems segment holds the major share”
Based on the application type, the market is fragmented into Driver monitoring systems, passenger occupant systems, gesture UI control, Theft prevention systems, and Others. The driver monitoring systems segment dominated the market with a share of 46% in 2020 and is expected to maintain its dominance during the forecast period owing to the emerging demand for safety and security in an automobile.
“Amongst Vehicle Type, SUVs segment dominated the market during the forecast period”
Based on vehicle type, the market is mainly fragmented into SUVs, Sedans, Hatchbacks, and Others. In 2020, the SUVs segment accounted for a maximum market revenue share of 57.2% and is expected to remain dominant during the analyzed period. The affordable prices of cars coupled with the launch of new models are leading to the growth of this segment.
“North America represents one of the largest markets of Radar Based In-Cabin Sensing Systems market”
For a better understanding of the market dynamics of the Radar Based In-Cabin Sensing Systems Market, a detailed analysis was conducted for different regions across the globe including North America (the U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), Rest of World has been conducted. North America dominated the market and generated revenue of US$ 148.6 million in 2020 owing to the rising per capita income coupled with the emerging number of vehicle sales. As per data released by the Bureau of transportation statistics, the car sales in U.S and Canada reached 14,665,787 and 1,656,775 units respectively in 2020.
Reasons to buy this report:
• The study includes market sizing and forecasting analysis validated by authenticated key industry experts
• The report presents a quick review of overall industry performance at one glance
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
• The study comprehensively covers the market across different segments
• Deep dive regional level analysis of the industry
Customization Options:
Radar Based In-Cabin Sensing Systems Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

Table of Content:

1 MARKET INTRODUCTION
1.1 Market Definitions
1.2 Objective of the Study
1.3 Limitation
1.4 Stake Holders
1.5 Currency Used in Report

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1.6 Scope of the Radar Based In-Cabin Sensing Systems Market Study
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Research Methodology for the Radar Based In-Cabin Sensing Systems Market
2.1.1 Main Objective of the Radar Based In-Cabin Sensing Systems Market
3 INDUSTRY PERFORMANCE
4 EXECUTIVE SUMMARY
5 TOP START-UPs UNDER RADAR BASED IN-CABIN SENSING SYSTEMS MARKET
6 COVID-19 IMPACT
7 GLOBAL RADAR BASED IN-CABIN SENSING SYSTEMS MARKET REVENUE
……Continuned

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