• Vacuum Pump Sales Set to Jump in Central China in Coming Years

    With the rapid expansion of the chemical industry, the sales of vacuum pumps are booming in China. This is because vacuum pumps are used extensively in the chemical and pharmaceutical industry in several applications such as material transfer, drying, and distillation. According to various reports, China had the highest share in global chemical production in 2018. The country accounted for around 37% of the total chemical sales across the world.

    Moreover, due to the surging investments, the increasing enactment of favorable government laws and policies, the easy availability of affordable capital and labor, the existence of relaxed environmental policies, and the provision of government subsidies, the chemical industry is exhibiting unprecedented growth in the country. As a result, the country is serving as a major chemical production base for vendors around the world. This is massively boosting the demand for vacuum pumps in the country.

    Furthermore, the advent of smart vacuum pumps is predicted to create lucrative growth opportunities for the Chinese vacuum pump market players. These vacuum pumps employ the use of frequency inverter technology for delivering optimal and constant performance while utilizing a diverse range of voltage and frequency. These pumps have twin-cylinders for providing high-speed evacuation and are extremely light in weight. Moreover, these pumps operate at lower power than the conventionally used vacuum pumps.

    Due to the above-mentioned factors, the sales of vacuum pumps are rising sharply in China. This is fueling the expansion of the Chinese vacuum pump market. The market value is predicted to surge from $1.2 billion in 2018 to $1.9 billion by 2024. Furthermore, the market will advance at a CAGR of 8.7% between 2019 and 2024. Positive displacement, regenerative, momentum transfer, entrapment, steam ejector, and venturi are the most widely used types of vacuum pumps in the country.

    Out of these, the usage of the positive displacement vacuum pumps was found to be the highest in the country in the years gone by. This was because of the huge requirement for these vacuum pumps in various end-use industries such as chemical & pharmaceutical and food & beverage (F&B). The food & beverage industry in the country is predicted to demonstrate huge expansion in the future, which will, in turn, propel the sales of these vacuum pumps.

    According to the estimates of P&S Intelligence, a market research firm based in India, the Chinese vacuum pump market will register the fastest growth in the central part of the country in the coming years. This will be because of the growth in the manufacturing sector in this region, on account of the huge investments being in manufacturing activities under the ‘Made in China 2025’ initiative of the Chinese government.

    Hence, it can be said with full surety that the sales of vacuum pumps will shoot-up in China in the upcoming years, mainly because of their mushrooming requirement in the chemical and pharmaceutical and food and beverage industries and the expansion of these industries in the country.

    Read More: https://www.psmarketresearch.com/market-analysis/china-vacuum-pump-market
    China Vacuum Pump Market | Competition Analysis, 2019-2024
    China vacuum pump market reached $1.2 billion in 2018, and is anticipated to register a CAGR of 8.7% during 2019-2024, east region held the largest market share in 2018
    0 0 Comments 0 Shares
  • Why Is Demand for Ethernet Are High in Automotive Ethernet Market?

    The technology and applications aiding autonomous cars and ADAS systems are undergoing a significant shift within the automobile sector. Surprisingly, technology is blossoming and offering new and fascinating methods to connect with the outside environment and engage with other drivers while operating a car.

    All the recent technologies share the need for bandwidth as a single feature. In the past, specialized in-vehicle applications, such as chassis control, body control, and powertrain, produced relatively little data, just a few kbps.

    However, car OEMs and manufacturers began to recognize the need for increased bandwidth over time due to the applications needed to support modern autonomous capabilities, connection, ADAS systems, high-end infotainment systems, and vehicle electrification. The automotive ethernet market will grow significantly in the coming years.

    The two fundamental supporting pillars of autonomous cars are V2X communication and ADAS. V2X connectivity is made possible by hundreds of sensors supporting vehicle-to-vehicle, vehicle-to-network, vehicle-to-infrastructure, vehicle-to-pedestrian, and vehicle-to-utility communication, as opposed to ADAS, which is based on camera, RADAR, and LIDAR based sensors.

    In addition to ADAS and V2X, accurate in-car navigation telematics systems, AI and ML-based apps, and potent signal processing all contribute to a high level of automated vehicles. The complexity the system must manage in E/E systems will increase as it becomes more advanced. These advanced systems produce, process, and ingest a significant volume of data.

    Multiple LIDAR, RADAR, and camera modules are found in level 4 and 5 self-driving cars. These modules produce data at rates of a few Gbps. A dependable, high-speed network is needed to handle this enormous volume of data with a significantly reduced latency rate, and Vehicle Ethernet is a good fit in this situation.

    Automotive Ethernet Has Following Features and Specifications:

    Automotive Ethernet is a point-to-point networking technique, unlike bus technology, where an electronic device or one node is connected with another. A switch is included in the system to make connections between numerous nodes. This switch allows several ECUs to interact and directs traffic to various nodes depending on their physical addresses within a network.

    Ethernet specifications for automobiles: The automobile-specific ethernet standards are 100Base-T1 and 1000Base-T1, which were developed to satisfy the needs of car networking. 100BASE-T1 permits the exchange of connected car, audio, video, firmware/software, and calibration data within automobiles utilizing AVB and employs an unshielded single twisted-pair cable to carry the data.

    Cost efficient: Flexray and CAN, whose throughput is only 10 Mbps, are not appropriate for automotive applications since they stream audio and video. Automotive Ethernet, which has a starting base rate of 100 Mbps and is far less expensive than other networking protocols, contrasts with this.

    Compared to the conventional cable used for in-vehicle communication, the wire utilized in automotive ethernet for automobiles is far lighter and more effective. Manufacturers may cut the cost of communication by up to 80% and the weight by up to 30% using a lightweight wire.

    Networking Topology: Numerous topologies are employed in automobile technologies. One of the topologies that are frequently used in automotive networking is point-to-point. Most automotive Ethernet applications employ a star topology, in which all nodes or ECUs are linked to a single central switch. Star topology is mainly used in the automotive ethernet-based in-car entertainment systems, whereas ring topology is used in the vehicle's safety-critical applications.

    Read More: https://www.psmarketresearch.com/market-analysis/automotive-ethernet-market
    Automotive Ethernet Market | Industry Trends, 2030
    The global automotive ethernet market valued ~$2 Billion in 2020 and is expected to witness rapid growth in the coming years. The advent of autonomous and connected vehicles is a major trend being witnessed in the market.
    0 0 Comments 0 Shares
  • Robotic Lawn Mower Accessories Market is Dominated by Europe

    The total revenue generated by the robotic lawn mower accessories market was USD 317 million in 2022, and it will grow at a rate of 5.30% in the years to come, to touch USD 480 million by 2030, as per a market report by P&S Intelligence.

    The offline category will dominate the industry, because of the presence a numerous conventional retailers and distributors. Though, online channels will become significantly popular in a number of regions in the years to come.

    This is ascribed to the growing consumer predisposition toward online platforms due to a number of benefits, for example click-to-pay options, doorstep deliveries, wide-ranging product comparisons, and discounts.

    Furthermore, the growing count of companies seeking to boost their presence in the market with the help of e-commerce platforms will propel the online category in the years to come.

    The residential sector dominates the industry. Residential users prefer grass lawns as they provide improved aesthetics and exterior to residences.

    So, numerous companies offering gardening tools are laying emphasis on increasing their product portfolios for homes. The heavy use of these machines by households in North America and Europe, because of the increasing preference for green, open areas, is powering the industry.

    Furthermore, the increasing pace of infra development, as well as the growing count of households interested in landscaping, has considerably boosted the sale of related equipment and its afterparts in the residential sector.

    Blades/knives, had a substantial share of about 17%, in the past, and the sales of these parts will grow significantly in the years to come. The demand for blades will increase as they are the main working part in lawn mowers. This is the reason that blades/knives observe the most deterioration of all the components of mowers, their blunting is also a fact.

    Europe will have the highest revenue from the sales of these blades/knives.

    Europe dominated the robotic lawn mower accessories market with 56% share in 2022. Furthermore, the dominance will continue till the end of this decade, and it will be followed by North America.

    The high requirement for accessories is credited to the increasing acceptance of robotic lawn mowers. The fast-growing residential communities in France, the U.K., and Germany, as well as the increasing tourism industry, are encouraging governments for spending on recreational arenas, which, powers the requirement for landscaping apparatus.

    Another important factor powering the requirement for the associated accessories in Europe is trending in DIY gardening.

    Growing urbanization, and the increasing interest of people in gardening are the main factors powering the demand for robotic lawn mower accessories all over the globe.

    Read More: https://www.psmarketresearch.com/market-analysis/robotic-lawn-mower-accessories-market
    Robotic Lawn Mower Accessories Market Size & Forecasts, 2030
    The robotic lawn mower accessories market size stood at USD 317 million in 2022, and it is expected to grow at a growth rate of 5.30% during 2022–2030.
    0 0 Comments 0 Shares
More Stories