Increasing R&D expenditure of NVIDIA and Xilinx to boost the AI Chip Market in near future

July 20, 2020, Valsad, India – According to the study published by Evolve Business Intelligence, the Artificial intelligence (AI) chip market is anticipated to grow at a CAGR of 43.3% from 2020 to 2027. The AI chip market is expected to reach $114.2 billion by 2027. Some of the major factor impacting the overall growth of artificial intelligence chip market include, increasing penetration of edge AI application, and favorable government policies for the AI-based startups and R&D.

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Analyst's View

According to Evolve Business Intelligence “the recent COVID scenario is expected to reduce the overall investments in AI. However, it is still a common belief that AI will improve the overall development index of a country and the investment will start flowing once. Further, increasing security threats particularly in the AI-based chatbox might require a stronger AI-based security system. This is expected to contribute to the growth in the AI chip market.”

NVIDIA to hold the highest market share in Reception Robotics

The Artificial Intelligence chip market has witnessed several new additions to the number of players offering the product with multiple China-based startups. Some of these startups are Cambricon Technologies, ChipIntelli, Lynxi Technologies, ThinkForce, and WITINMEN. NVIDIA with the prime focus on GPU is expected to continue hold highest market share during the forecast period.

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The AI chip market report published today include market revenue generated through the sale of AI-based chipset types such as GPU, CPU, ASIC and FPGA. The report also includes the analysis of the market on the basis of end use industry such as, Media & Advertising, BFSI, IT & Telecom, Retail, Healthcare, and Automotive & Transportation, among others.

Demand for Environment Friendly Material to Boost Rubber Muffler Hanger Market

July 11, 2020, Valsad, India – According to the research study published by Evolve Business Intelligence, the rubber muffler hanger market is anticipated to grow at a CAGR of 6.0% from 2020 to 2027. The rubber muffler hanger market is expected to reach $1074.8 million by 2027. Some of the major factor impacting the overall growth of rubber muffler hanger market includes growing demand for the use of environment-friendly materials, an increase in demand for the hybrid vehicles across the globe, and among others.

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Analyst’s View

According to EBI Analysis, “the recent COVID scenario will have a declining trend for the next 1-2 years. The decline in vehicle sales and production will lead to the lesser consumption of rubber muffler hanger. However, by 2022, the muffler hanger market is expected to witness a boost due to an increase in the trend for vehicle sales and production.

Vibracoustic to hold the highest market share in rubber muffler hanger market

The rubber muffler hanger market is a very niche market segment in the overall vehicle component market with a few major players such as Vibracoustic, Walker, Bosal, Bridgestone, Zhongding, and among others.

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The rubber muffler hanger market report published today includes market revenue generated through the sale of materials such as EPDM, Silicon, and Others. The report also includes the analysis of the market on the basis of product which includes 2 holes, 4 holes, and others. Based on vehicle type, the market is segmented as passenger car and commercial vehicles.

Global Reception Robotics Market to grow at 66.2%

July 9, 2020, Valsad, India – According to the research study published by Evolve Business Intelligence, the reception robotics market is anticipated to grow at a CAGR of 66.2% from 2020 to 2027. The reception robotics market is expected to reach $12.6 billion by 2027. Some of the major factor impacting the overall growth of reception robotic market growth include, government initiative for development of humanoids, growing need for specialized receptionist in healthcare sector, increasing use of automation to reduce the variable cost.

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Analyst’s View

According to EBI Analysis, “the recent COVID scenario is expected to provide a much-needed push for the adoption of robotics in the coming years. Reception robotics is one of the major robotics categories that may witness high growth due to increasing adoption of several norms of social distancing in the workplaces worldwide have started following.”

Softbank Robotics to hold the highest market share in Reception Robotics

The reception robotics market is a very niche market segment in the overall robotics industry with a, few players such as Softbank Robotics, Engineered Arts Ltd., UBTECH Robotics, and WYCA Robotics offering products. Softbank Robotics is anticipated to hold the highest market share with its offering Pepper and Nao leading the market in terms of revenue generation in reception robotics market.

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The reception robotics market report published today include market revenue generated through the sale of robot and robot-as-a-service. The report also includes the analysis of the market on the basis of end use industry such as, Healthcare, Retail, BFSI, and Hospitality, among others.

Growing Vehicle Safety to boost the ADAS maket

July 9, 2020, Valsad, India – According to the research study published by Evolve Business Intelligence, the advanced driver assistance system market is expected to grow at a CAGR of 18.6% from 2020 to 2027. The ADAS market is expected to reach $77,139.4 million by 2027. The factor impacting the overall growth of ADAS market growth include stringent government regulation for vehicle safety coupled with growing demand for vehicle safety, advancement in the technology, and others.

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Analyst’s View

According to EBI Analysis, “the recent COVID-19 scenario is anticipated to decrease the production and supply of the vehicles, which have resulted in the halt in the automotive industry.” The decline in the sales of the vehicle will be the major concern for the automotive vehicle manufacturers in 1-2 years. However by 2020 the ADAS market is expected to witness in the boost due to mandate for the installation of the system in the vehicles.

Continental AG to hold the highest market share in ADAS Market

The ADAS market is a technology driven system which consist of major players such as Continental AG, Robert Bosch GMBH, Denso Corporation, Autoliv Inc., Valeo, and among others. Continental AG is predicted to hold the highest market share with its offering such as camera based system, radar based system and others.

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The ADAS market report published today include market revenue generated through the system type such as Adaptive Cruise Control (ACC), Tire Pressure Monitoring System (TPMS), Drowsiness Monitor System (DMS), Adaptive Front Lights (AFL), and others. The report also includes the analysis of the market on the basis of sensor type such as, Ultrasonic Sensor, Lidar Sensor, Image Sensor, among others.