The global navigation satellite system (GNSS) industry plays an important role in determining the position, estimating the time to reach a certain place, locating the positions of the car, and viewing the traffic on the route. In last five years, there was a rapid growth in commercial applications of GNSS. The advancement in technology and increasing interest in positioning techniques based on GNSSs, such as GPS, cellular network infrastructure, or the integration of two technologies for applications, such as automatic vehicle location (AVL), tracking systems, and navigation, have led to the development in navigation systems in various countries, such as United States, India, and China.  Consumer preference toward better driving experience and easier navigation acted as a major propellant for the growth of the automotive navigation systems market. Spike in sales of luxury vehicles with factory installed navigation systems has further pushed the market growth of automotive navigation systems.  Improving e-commerce and developing logistic infrastructure created a demand for on-time delivery, resulting in employment of navigation systems in LCVs. In 2019, the European automotive navigation systems market was the largest market, globally, with a share of over 36%.

Automotive blockchain is used to keep a track of data for the processes related to an automobile, such as smart contracts, IoT along with other processes involved in car sales, service, warranty claim processing, and other related processes. The automotive related data stored in a blockchain is authentic and cannot be hampered by the users of the system; thus, providing safer and securer data to its customers. Moreover, it helps the buyer and seller to avoid middlemen or third parties to involve in transactions or other processes. Automotive blockchain includes applications and solutions that are helpful for better functioning of the system. This includes a middleware acting as a bridge between the application and database for storing and retrieval of data. Various players operating across the globe have made innovations and developments in the field of automotive blockchain; thereby, offering variety of services to the vehicle users.

This report on the global stacker market presents a detailed analysis of the trends, future estimations, and thorough study of the market based on type, end-user, and region. The market segmentation based on type includes electric, manual/hydraulic, and semi-electric. By end-user, it is segmented into retail & wholesale, logistics, automobile, food & beverages, and others. The report also includes highlighted regional trends, the regional coverage of this market includes North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa). It further provides insights on the drivers, restraints, and opportunities to understand the dynamics and potential of the stacker market. Furthermore, the report provides information about the strategies adopted by key players to sustain the competition and increase their market shares.

Discrete semiconductor market is driven by the increasing need to manage power across electronics, and miniaturization. The reduction in package size is inversely proportional to power dissipation. For instance, NXP semiconductors achieved 55% reduction in packaging size for its transistors range, by retaining the same power performance. Additi onally, Diodes Incorporated launched 40V- rated DMTH4008LFDFWQ and 60V-rated DMTH6016LFDFWQ automotive-compliant MOSFETs packaged in DFN2020. Moreover, characteristics, like safety, infotainment, navigation, and fuel efficiency in the automotive components, and security, automation, solid-state lighting, transportation, and energy management in industrial components, are expected to fuel the market studied. One of the significant trends in discrete semiconductors is efficient power management. New system architectures are improving the efficiency of AC-DC power adapters, while simultaneously reducing the size and component count. New standards for Power-over-Ethernet (PoE) allow higher power transfer, which enables the development of new classes of devices, like connected lighting.

Discrete semiconductor market is driven by the increasing need to manage power across electronics, and miniaturization. The reduction in package size is inversely proportional to power dissipation. For instance, NXP semiconductors achieved 55% reduction in packaging size for its transistors range, by retaining the same power performance. Additi onally, Diodes Incorporated launch ed 40V- rated DMTH4008LFDFWQ and 60V-rated DMTH6016LFDFWQ automotive-compliant MOSFETs packaged in DFN2020. Moreover, characteristics, like safety, infotainment, navigation, and fuel efficiency in the automotive components, and security, automation, solid-state lighting, transportation, and energy management in industrial components, are expected to fuel the market studied. One of the significant trends in discrete semiconductors is efficient power management. New system architectures are improving the efficiency of AC-DC power adapters, while simultaneously reducing the size and component count. New standards for Power-over-Ethernet (PoE) allow higher power transfer, which enables the development of new classes of devices, like connected lighting. Several aspects of wearable devices, from the underlying physics to the end-user experience, play crucial roles in driving consumer adoption and acceptance. Discrete semiconductor companies are poised to benefit from being cognizant of the challenges and market trends during the designing phase of products, to stay on the competitive edge.

Power electronics is an engineering study of converting electrical power from one form to another. The world- wide average rate of 12 billion kilowatts every hour of every day of every year, more than 80% of the power generated is being reprocessed or recycled through some form of power electronic systems. A lot of energy is wasted during this power conversion process due to low power conversion efficiency. It is therefore very important to improve the efficiency of these power conversion systems. With the extensive use of efficient and cost-effective power electronics technology across the globe, the energy consumption is expected to reduce up to 35% during the forecast period. The scope of the report discusses the potential opportunities for the market players to enter the global power electronics for electric vehicle market. Furthermore, it provides an in-depth analysis of the market, outlining current trends, key driving factors, and key area of investment. The report includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder in the value chain. Moreover, it features the strategies adopted by key market players to maintain their foothold in the market.

Rise in the automation of complex production systems led to an increase in the demand for components, which are proficient in providing important data regarding the production process. The ability of proximity sensors to work in hazardous conditions, such as extreme humidity and temperature, as well as in chemical processing applications, aided the growth of the proximity sensors market. Rising significance of no-contact sensing applications, along with the interest of automobile and aerospace manufacturers toward the integration of sensor technology in security and infotainment systems, is expected to boost the market opportunities for proximity sensors. Currently, in the automotive industry, there is an increasing demanding for lighter automobiles, especially for usage in electric vehicles. This is encouraging material change in automotive components from iron to aluminum. This, turn, is increasing mixed production lines containing iron and aluminium.

Off-highway vehicle engines growth is dependent on the growth rate of agricultural and construction machinery industries. Rising agriculture mechanization trend in developing countries and spike in residential and commercial construction projects worldwide are driving the construction and agricultural machinery markets.  The market size in terms of revenue for off-highway vehicle engines is dominated by Construction Machinery type followed, by Agricultural Machinery due to high initial cost of the former equipment type, compared to agricultural Machinery. The global construction machinery market is anticipated to grow, owing to the ongoing demand for construction of smart cities across the world and various mega construction, particularly in developing countries may increase the demand for the market. Out of the available range of Construction Machinery types, Excavators capture majority of the share in terms of revenue. The market for excavators was worth USD 28 billion in 2015 globally and is expected to capture 30% of the overall machinery sales over the forecasted period. Europe and North American Markets remained stable in terms of growth due to sluggish import demand from developing countries.

There has been a tremendous growth in hybrid vehicles all over the world, as these vehicles appeal to a much larger audience, when compared to full-electric vehicles. They combine the reliability, long-range drivability, and instant refueling benefits of petrol and diesel vehicles, with better fuel economy and smaller carbon footprint of electric vehicles. Globally, governments are offering many subsidies for customers purchasing electric and hybrid vehicles. For instance, in April 2016, a scheme worth USD 1.13 billion was introduced for plug-in electric vehicles. About USD 678 million was reserved for the purchase of subsidies, which went on till 2019. Another USD 339 million was allotted to finance the deployment of charging stations in cities and on the Autobahn highways. Nearly USD 113 million was allocated for purchasing electric cars for the federal government fleet.

The rising demand for automation combined with the growing application of IoT devices across various end-user ver ticals, such as heal thcare, consumer electronics, industrial, automotive, BFSI, and retail, are further witnessing growth in the adoption of IoT devices. According to the Internet & Television Association's estimates, by 2020, the number of IoT connected devices is expected to reach 50.1 billion from 34.8 billion in 2018. The growth can majorly be attributed to the integration of connectivity competence in a large number of devices and applications, along with the development of various networking protocols that have appreciably advanced the growth of the IoT chip market across various end-user industries. With the increase in sheer numbers of IoT devices, the chip requirement for building IoT devices is expected to skyrocket over the forecasted period. Along with this, the innovation in reducing energy consumption combined with miniaturization of chips is going to be the priority of manufacturers.