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Repeater Compass The Repeater Compass is an invaluable navigation tool that has been used by sailors, hikers, and explorers for centuries to help find directions even in dense wilderness. A Brief History The earliest compasses likely date back to ancient China in the 11th century and were made using lodestone, a naturally magnetized ore of iron. These early compasses were floating compasses mounted on wood or cork. Over subsequent centuries, compass designs evolved in Asia and Europe with the introduction of the dry card compass with a freely rotating card marked with cardinal directions. By the 1500s, compass design and usage had further advanced with navigators taking full advantage of its directional capabilities at sea. English instrument maker William Barlowe is credited with inventing the modern boxed compass in 1580. Early boxed compasses had glass covers and featured luminous paint on the cards and needles to allow nighttime navigation. Into the 1800s, compass precision im

Vehicle Electrification Market The Vehicle Electrification Market consists of components involved in integrating electric drivetrains into vehicles to improve fuel efficiency and reduce emissions. Key components include electric motors, batteries, transmission systems, power electronics components, and motor controllers. There is rising demand for hybrid vehicles (HEV), plug-in hybrid electric vehicles (PHEV), and battery electric vehicles (BEV) to curb urban air pollution and comply with stringent emission norms. Government incentives and subsidies for electric vehicles across countries are encouraging more consumers to switch from conventional vehicles. The global Vehicle Electrification Market is estimated to be valued at US$ 97.25 Mn in 2024 and is expected to exhibit a CAGR of 5.9% over the forecast period of 2024 to 2031. Key Takeaways Key players operating in the Vehicle Electrification Market are AMETEK Inc., Alleima, Teshima International Corporation, Om Steel Tubes Ltd.,

Wireless Electric Vehicle Charging Market Wireless Electric Vehicle Charging technology provides an efficient solution for charging electric vehicles without plugging in. It utilizes induction coils placed in the vehicle and the ground to wirelessly transfer electric current for charging. The technology offers convenience to users by eliminating the need to physically connect the charger to the vehicle. The global Wireless Electric Vehicle Charging Market is estimated to be valued at US$ 92.16 Bn in 2024 and is expected to exhibit a CAGR of 24% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The adoption of Wireless Electric Vehicle Charging infrastructure is expected to drive the growth of the market during the forecast period. Various countries are investing heavily in building wireless EV charging infrastructure to accelerate the adoption of electric vehicles. For instance, in 2022, the U.S. governm

Light Commercial Vehicle Market Light commercial vehicles (LCVs) are used for the transportation of goods and materials. They provide efficient cargo handling and transportation solutions for last-mile deliveries, couriers, and service providers. The growing e-commerce industry has fueled the demand for light commercial vehicles. Moreover, strict emission regulations have prompted original equipment manufacturers to develop electric light commercial vehicles. The global Light Commercial Vehicle Market is estimated to be valued at US$ 730.35 billion in 2024 and is expected to exhibit a CAGR of 19% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Electric light commercial vehicles offer various advantages like low operating and maintenance costs and zero tailpipe emissions. Original equipment manufacturers are increasingly offering electric light commercial vehicles equipped with the latest battery technolo

Live Package Tracking Market The live package tracking market tracks delivery of goods purchased online or offline. It provides customers real-time updates about package location and estimated delivery times. This allows customers to manage expectations and schedules accordingly. The global Live Package Tracking Market is estimated to be valued at US$ 4.52 Bn in 2024 and is expected to exhibit a CAGR of 9.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Integration of live package tracking solutions with major e-commerce platforms has been a key trend driving market growth. Major e-commerce retailers have integrated live tracking features that allow customers to view package status and location directly on retailer websites or within order confirmation emails. This has significantly improved customer experience during the delivery process. It also allows retailers to track shipments and resolve any d

In-Vehicle Infotainment Market The in-vehicle infotainment systems have become an essential part of modern vehicles as they provide advanced entertainment, navigation and connectivity features to drivers and passengers. These systems offer features such as built-in GPS navigation, Bluetooth connectivity, HD radio, voice control and more. The global In-vehicle Infotainment Market is estimated to be valued at US$ 39.5 billion in 2023 and is expected to exhibit a CAGR of 4.7% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Enhanced connectivity feature adoption in infotainment systems is one of the major trends driving the market growth. With rising preference for connected vehicles, OEMs are focusing on integrating advanced connectivity features such as embedded modems for high-speed internet access, Wi-Fi hotspots and remote vehicle diagnostic services. This allows drivers to seamlessly pair their smartp

Electric Vehicle Battery Swapping System Market Electric vehicle battery swapping is an innovative service that enables drivers to replace discharged batteries with fully charged ones in just a few minutes. It provides an alternative to plug-in charging and helps extend the driving range of electric vehicles. Battery swapping stations are installed at strategic locations such as petrol pumps, parking lots, and commercial complexes, allowing drivers to easily exchange drained batteries for fully charged ones. This helps save time spent on charging the battery and allows drivers to continue their journey smoothly. The global Electric Vehicle Battery Swapping System Market is estimated to be valued at US$ 1027 Mn in 2023 and is expected to exhibit a CAGR of 10.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Reduced charging time is a major opportunity boosting the growth of the electric vehicle battery s

Offshore Support Vessel On-board Fuel Monitoring System Market Offshore support vessels are essential to the offshore oil and gas operations as they transport goods and personnel to offshore installations. On-board fuel monitoring systems help the vessel operators track fuel consumption, prevent pilferage, and optimize fuel management. By detecting any discrepancies in fuel usage, these systems help reduce operational costs through efficient fuel usage. The systems comprise fuel level sensors, flow meters, and software for real-time monitoring and reporting of fuel tank levels, consumption rates, and fuel transfers. The global Offshore Support Vessel On-board Fuel Monitoring System Market is estimated to be valued at US$ 855.84 Mn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The opportunity to reduce operational costs through optimized fuel manageme

Vehicle Cameras Market The Vehicle Cameras Market is estimated to be valued at US$ 7669.53 Mn in 2023 and is expected to exhibit a CAGR of 10.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Vehicle cameras are imaging sensors installed inside or outside vehicles for safety and advanced driver-assistance system. Various types of vehicle cameras include rear-view cameras, side-view cameras, front-view cameras, interior-monitoring cameras. They provide visibility around the vehicle and enable features like autonomous emergency braking, blind-spot detection, lane departure warning. Market key trends: The increasing demand for advanced driver-assistance systems (ADAS) from automakers is expected to drive the growth of the vehicle cameras market during the forecast period. ADAS is becoming more prevalent to improve safety and features of vehicles. Vehicle cameras play a vital role in ADAS technologies as they p

Mild Hybrid Vehicles Market The Mild Hybrid Vehicle Market is estimated to be valued at US$ 99.97 Bn in 2023 and is expected to exhibit a CAGR of 18% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Mild hybrid vehicles utilize the regenerative braking system and Belt-driven Starter Generator (BSG) system to recover kinetic energy during braking which is stored in a battery and is further used to add power to assist the engine during acceleration. This enhances the fuel economy of the vehicle by around 10-15% as compared to a conventional internal combustion engine vehicle. Market Overview: The mild hybrid vehicle market consists of vehicles equipped with a small electric motor, which provide assistance to the internal combustion engine during acceleration for improved fuel efficiency. The mild hybrid system typically ranges between 12 to 15 kilowatts and has a small battery pack ranging between 0.5 to 1 kWh to store energy re

Cold Chain Market The Cold Chain Market is estimated to be valued at US$ 270.8 Mn in 2023 and is expected to exhibit a CAGR of 15.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Cold Chain Market involves the transportation and storage of temperature-sensitive goods such as pharmaceuticals, vegetables and fruits along the supply chain at temperatures specified by manufacturers. Cold chain not only helps to extend the shelf life of products but also ensures food safety. With growing demand for perishable foods and pharmaceuticals globally, cold chain logistics plays a vital role in reducing spoilage and wastage during transportation and storage. Market Dynamics: The Cold Chain Market is primarily driven by two key factors. Firstly, the growing consumption of perishable foods such as dairy products, fruits and vegetables is driving the need for efficient cold chain logistics for transportation and st

Train Seat Materials Market The train seat materials market is estimated to be valued at US$ 2,039.7 Mn or Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Train seat materials are mainly used in railway carriages, metros and local trains. Seat materials play a vital role in providing comfort to passengers during long distance journeys. Some key materials used in train seats include leather, fabrics, foams and composites. Leather provides durability and style whereas fabrics offer breathability. Foams provide cushioning effect and absorb pressure. Composites are lightweight and durable. Train operators are focusing on using ergonomic and comfortable materials to enhance passenger experience. Market Dynamics: Growing investments in rail transport infrastructure is a key driver for the train seat materials market. Governments across countries are undertak

KSA Tire Market The KSA Tire Market is estimated to be valued at US$ 4288.49 Mn or in 2023 and is expected to exhibit a CAGR of 11.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Tires are essential component of automobiles such as cars, buses, trucks, construction vehicles etc. They provide traction between the road and vehicle and act as shock absorbers. The key types of tires available in the market are radial tires and bias tires. Radial tires account for around 85% of tire sales in KSA due to their better ride quality and fuel efficiency compared to bias tires. They find widespread application in passenger cars, light commercial vehicles and trucks. Some of the prominent tire brands present in the country are Michelin, Goodyear, Bridgestone, Pirelli etc. Market Dynamics: Growing vehicle parc is one of the major drivers of the KSA tire market. According to Saudi traffic department, the total number of r