Spectroscopy IR Detector Market worth 224.5 Million USD by 2022

According to the MarketsandMarkets report "Spectroscopy IR Detector Market by Detector Technology (DTGS, MCT, InGaAs), Spectrum Sensitivity (NIR, Mid IR, and Far IR), Cooling Requirement (Cooled and Uncooled), Product Type (Benchtop, Portable, Hyphenated) - Global Forecast to 2022", the overall market is estimated to be worth USD 224.5 Million by 2022, growing at a CAGR of 6.9% between 2016 and 2022, whereas the unit shipment of IR detector is expected to grow at a CAGR of 7.7% between 2016 and 2022. The major factors driving the growth of the IR detector market for IR spectroscopy include upgradation of IR spectroscopy devices by replacing with new IR detector modules and the growing shipment of IR spectroscopy devices in various industries.

The benchtop IR spectroscopy device segment held the largest share of the IR detector market in 2015

The benchtop IR spectroscopy device segment held the largest share of the IR detector market in 2015, while the market for portable IR spectroscopy device is expected to grow at a significant rate between 2016 and 2022. In the current scenario, benchtop IR spectroscopy plays a key role in a number of industries such as pharmaceutical, biological, chemicals, food & beverages, and others. The increasing shipment of benchtop and portable IR spectroscopy devices is driving the growth of the IR detector market.

Mid IR detector plays a key role in the IR detector market

The IR detector market for IR spectroscopy has been segmented on the basis of spectrum sensitivity into NIR, Mid IR, and Far IR. Of all these, mid IR is expected to hold the largest market share during the forcast period owing to the wide range of applications of mid IR spectroscopy in the research and industrial sector. Along with this, the market for NIR spectroscopy devices is expected to grow at a significant rate during the forecast period, which would, in turn, drive the growth of NIR detector market in the near future.

 

APAC region would grow at a significant rate during the forecast period

The market in APAC is expected to grow at a significant rate in the IR detector market for IR spectroscopy in the near future because of factors such as the presence of a large number of IR detector and IR spectroscopy device manufacturing companies in the region. For instance, in April 2016, Hamamatsu Photonics K.K. (Japan) announced its plans to establish a new optosemiconductor manufacturing unit in Japan by February 2017. Similarly, Thermo Fisher Scientific Inc. (U.S.) has expanded its business by establishing an innovation center in China; it has invested around USD 9.5 million for R&D in this center. Also, DANI Instruments SpA (Italy) has signed a distribution agreement with Labindia Instruments Pvt. Ltd. (India).

The key companies operating in the IR detector market include Hamamatsu Photonics K.K. (Japan), Excelitas Technologies Corp. (U.S.), LASER Components GmbH (Germany), UTC Aerospace Systems (U.S.), Newport Corporation (U.S.), and others.

Great Investment in Mobile Biometrics Market worth 49.33 Billion USD by 2022

According to the new market research report "Mobile Biometrics Market by Component (Fingerprint Readers, Scanners, Cameras, Software), Authentication Mode (Single factor (Fingerprint, Voice, Face, Iris, Vein, & Retina Scan) and Multifactor), Industry, and Geography - Global Forecast to 2022", the market is expected to grow at a CAGR of 29.3% to reach USD 49.33 Billion by 2022. The growing penetration of mobile devices and increasing number of mobile transactions are driving the growth of the mobile biometrics market. Over the last few years, the number of online transactions and e-commerce has gradually gone up and has created a huge opportunity for the companies to invest in the biometric industry to secure these transactions. A shift from traditional commerce to smart commerce using biometric-enabled mobile devices would save time and provide high security for transactions.

Market in healthcare industry is expected to grow at a high rate during the forecast period

The market in the healthcare industry is expected to grow at the highest rate between 2016 and 2022. The proliferation of electronic health records (EHRs) and the transition of data across health information exchanges (HIEs) created a huge demand for mobile biometrics as it is essential to secure and protect these digital records. Healthcare providers are using biometric patient identification systems to ensure patient safety by ensuring that patients are accurately identified prior to treatment.

Fingerprint recognition is expected to dominate the single-factor authentication mode during the forecast period

The fingerprint recognition technology is the most prominent biometrics technology that is being used at present. Most of the smartphone manufacturers such as Apple and Samsung use fingerprint recognition technology in their offerings. This strategy is being followed by emerging companies across the world. As fingerprint recognition is the most convenient technology in terms of investment and market acceptance, it is expected to lead the market during the forecast period.

North America holds the largest share of the mobile biometrics market; APAC is expected to grow at the highest rate during the forecast period

The adoption of mobile biometric technologies in passports & visas, banking & finance, large-scale funded programs, and employee access monitoring in buildings is driving the growth of the mobile biometrics market in North America.

The market in APAC is expected to grow at the highest CAGR between 2016 and 2022. Many countries in the Asia-Pacific region have started adopting mobile biometric technologies in national IDs and e-passports. Moreover, the government in Asian countries is actively promoting and adopting biometric technologies. India has introduced biometric-based unique identification (UID) which is likely to cover 1.25 billion Indians. In 2012, China introduced the new China Resident Identity Card Law which requires Chinese citizens to have their fingerprints scanned and recorded. Large-scale township projects in Japan have also started adopting biometrics as a standard security device.

The major companies in the mobile biometrics market that are profiled in this report include:

1. Apple Inc. (U.S.)
2. Nuance Communications, Inc. (U.S.)
3. Safran SA (France)
4. M2SYS Technology (U.S.)
5. 3M Cogent, Inc. (U.S.)
6. Precise Biometric (Sweden)
7. Crossmatch (U.S.)
8. BIO-key (U.S.)
9. Aware Inc. (U.S.)
10. Applied Recognition, Inc. (Canada)
11. EyeVerify, Inc. (U.S.)
12. Fulcrum Biometrics, LLC (U.S.)

Smart Agriculture Market worth 18.45 Billion USD by 2022

According to the new market research report "Smart Agriculture Market by Hardware and Network Platform (GPS/GNSS Devices, Sensor Monitoring Systems, and Gateway/Router), Service (Connectivity, System Integrator, Supply Chain Management), Software, Application, and Geography -  Global Forecast to 2022", the smart agriculture market is estimated to reach USD 18.45 Billion by 2022, at a CAGR of 13.8% between 2016 and 2022. The factors which are driving the Smart agriculture market include the increasing adoption of technology in agriculture, global increase in the food demand, and assistance in monitoring livestock performance and health.

Sensor monitoring system expected to lead the smart agriculture market by hardware and network platform

The market for sensor monitoring systems is expected to hold the largest share of the smart agriculture market by 2022. Sensor monitoring system is used in yield monitors, soil sensors, water sensors, climate sensor, and others. It is used to collect information of crops, yield, livestock, fisheries, and others for the purpose of analysis and effective decision-making.

System integrators dominate the smart agriculture market by service

The market for system integrators dominated the Smart agriculture market on the basis of services in 2015. This is mainly because of the important role it plays in the integration of the software and hardware equipment. It helps in troubleshooting and diagnosing farm management solutions, which also involves developing new concepts related to software and hardware equipment.

 North America dominated the global smart agriculture market in 2015

North America dominated the global smart agriculture market in 2015. North America is one of the pioneers for precision farming operations and the adoption of precision farming in the region is boosted by factors such as continuous advancements in technology, reducing price of equipment, usage of social media and online publications for spreading awareness, and so on.

This research report categorizes the global smart agriculture market on the basis of hardware and network platform, services, software, application, and geography. This report describes the drivers, restraints, opportunities, and challenges with respect to the smart agriculture market. The Porter’s five forces analysis has been included in the report with a description of each of its forces and their respective impact on the Smart agriculture market

Agriculture Drones Market worth 4,209.2 Million USD by 2022

According to the new market research report "Agriculture Drones Market by Type (Fixed Wing, Rotary Blade, Hybrid, Data Analytics Software, Imaging Software), Application (Field Mapping, VRA, Crop Scouting, Livestock, Crop Spraying), Component and Geography - Global Forecast to 2022", the market is expected to grow from USD 864.4 Million in 2016 to USD 4,209.2 Million in 2022, at a CAGR of 30.19% during the forecast period. Agriculture drones have the capability of collecting high-quality data and are easy to use compared to other smart agriculture techniques such as satellite imagery. In addition, drone data processing tools are becoming less expensive and easier to use. These advantages, along with the increasing awareness, propel the growth of the market.

Hybrid drones expected to lead the agriculture drones market during the forecast period

Hybrid drones are expected to capture the largest share of the market by 2022. Hybrid drones can hover, fly at fast speed, and remain steady; the advantages of these drones are boosting the growth of the market for hybrid drones. The agriculture drones market for software is expected to grow at the highest rate during the forecast period. Imaging software plays a key role in the market since this software is used for processing the images captured by the cameras or the sensors mounted as a payload on the agriculture drones; thus, imaging sensors are expected to capture the largest share of the agriculture drones market for software by 2022.

The agriculture drones market for crop spraying application expected to grow at the highest rate between 2016 and 2022

The market for crop spraying application is expected to grow at the highest rate between 2016 and 2022. The increasing adoption of drones for crop spraying application would increase the yield and reduce the wastage of crops and fertilizers & pesticides. This is a key factor responsible for the expected growth of the market for crop spraying application.

The agriculture drones market in APAC expected to grow at the highest rate between 2016 and 2022

The agriculture drones market in APAC is expected to grow at the highest rate between 2016 and 2022. Asian countries such as China, India, and Japan are extensively taking initiatives, such as heavy investments in R&D, to encourage the adoption of agriculture drones in this region. Along with this, market players such as DJI (China) and Yamaha Motor Co., Ltd. (Japan) are trying to suffice the growing demand for agriculture drones in APAC.

Currently, the agriculture drones market is dominated by the players such as Trimble Navigation Ltd. (U.S.), DJI (China), PrecisionHawk (U.S.), Parrot SA (France), and 3DR (U.S.).

Hyper-converged Infrastructure Market worth 12,607.4 Million USD by 2022

According to the new market research report "Hyper-Converged Infrastructure Market by Hypervisor (VMware, KVM, Hyper-V), Application (Virtual Desktop Infrastructure, Server Virtualization, Robo, Data Protection and Cloud), Vertical & Geography - Global Forecast to 2022", the hyper-converged infrastructure market is expected to reach USD 12,607.4 Million by 2022, at a CAGR of 43.59% between 2016 and 2022.
 

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Improvement in operational efficiency of systems, reduced total cost of ownership and run-time expenses, and essential hardware upgradation in the existing infrastructure systems, improved scalability, and data center consolidation are some of the major driving factors for the market. Moreover, with the advent of technology, almost every business demands more from their existing IT functionalities, along with better, faster, more reliable, and more secure services, along with the optimum level of overall system efficiency, which further drives the growth of the hyper-converged infrastructure market.

Data protection application is expected to grow at the highest growth rate

The market for the data protection application is expected to grow at the highest rate during the forecast period. Multifold increase in the system and user-generated data leads to the rising concern for data backup and security issues, especially among IT, financial, and government sectors which, in turn, derives the data protection applications of the overall hyper-converged infrastructure (HCI) market. A simple HCI system can offer integrated data backup, protection, and disaster recovery solution, without having IT specialists to rely on dedicated/separate systems for such purposes. All these factors are expected to drive the data protection application segment of HCI market at the highest rate during the forecast period.

VMware hypervisor market is estimated to hold the largest share of the global hyper-converged infrastructure market

The hyper-converged infrastructure market for the VMware hypervisors is expected to hold the largest share during the forecast period owing to better after- sales services, strong brand name, and ease in of availability of HCI solutions for a wide range of applications. However, the market for VMware hypervisors is estimated to grow at a lower rate compared to systems based on KVM and Hyper-V hypervisors.

Asia-Pacific is estimated to be the fastest-growing region in the global hyper-converged infrastructure market during the forecast period:

The APAC region is expected to play a key role in the hyper-converged infrastructure market and grow at the highest rate during the forecast period. Significant growth rate of the APAC region primarily owes to the growing demand for virtual environment-based applications, including virtual desktop infrastructure (VDI) and server virtualization and strengthening software controlled unified system deploying the tasks of server, storage, networking, and virtualization services.

The major players in the global HCI market include Nutanix (U.S.), Hewlett Packard Enterprise Company (U.S.), VMware Inc. (U.S.), Maxta Inc. (U.S.), SimpliVity Corporation (U.S.), Scale Computing (U.S.), Gridstore Inc. (U.S.), Nimboxx Inc. (U.S.), Cisco Systems Inc. (U.S.), and Pivot3 Inc. (U.S.) among many others.

This research report categorizes the global hyper-converged infrastructure market on the basis of hypervisor type, vertical, application, and geography. This report describes the drivers, restraints, opportunities, and challenges for the growth of the hyper-converged infrastructure market. The Porter’s five forces analysis has been included in the report with a description of each of the force and its respective impact on the hyper-converged infrastructure systems market.

Farm Management Software Market worth 4.07 Billion USD by 2022

According to the new market research report "Farm Management Software Market by Farming Type (Crop & Livestock Farming), Services (Managed, Maintenance & Support), Delivery Model (On-Premise, Cloud-Based), Application, and Geography - Global Forecast to 2022", the market is expected to grow at a CAGR of 17.2% to reach USD 4.07 Billion by 2022. Increasing penetration of cloud computing in farm data management is driving the growth of the farm management software market. Over the last three decades, the demand for food has gradually gone up and has created a huge opportunity for the companies to invest in the agriculture sector. A shift from traditional farming to smart farming using software would save time and consume less energy. 

Market for cloud-based delivery model is expected to grow at a high rate during the forecast period

The market for cloud-based delivery model is expected to reach USD 2.71 Billion by 2022, growing at a CAGR of 25.3% between 2016 and 2022. This delivery model has increased the reach of the companies and provided them with a platform to extend their customer base. The advantages offered by cloud-based farm management solutions include optimized performance, effective energy utilization, and ease of access. Moreover companies using cloud-based delivery model offer their services in real time, and it is also an emerging area of investment for the companies. Several start-up companies are entering the market and using cloud-based delivery model to provide additional services such as farm analytics and reports.

Managed services are expected to lead the farm management software market by 2022

Managed services include farm operations, data services, and analytics. These services help in maintaining high-quality control standards in farm management software.  This, in turn, helps to improve the yield productivity. The services can be related to providing sustainable farm management solutions, which include integration of software with hardware devices, consultation for analyzing the process outputs, and complete support for the software functioning and data management.

Americas holds the largest share of the farm management software market; APAC is expected to grow at the highest rate during the forecast period

The Americas holds the largest share of the global farm management software market. This can be attributed to the presence of a number of major farm management software providers in the region. In addition, the supportive government regulations play a major role in the growth of this market. The Americas is a major market for farm management software as this region has a high penetration of ICT technologies compared to other regions. Economy modernization initiatives in emerging countries and government support are the major factors contributing to the growth of the farm management software market in APAC. The presence of most populous countries such as India and China in APAC make the region a lucrative market as rapid urbanization in this region is likely to pave new growth avenues for the providers of farm management software.

The major companies in the farm management software market that are profiled in this report include:

1. AgJunction (U.S.)
2. SST Development Group, Inc. (U.S.)
3. The Climate Corp. (U.S.)
4. EFC Systems, Inc. (U.S.)
5. Iteris, Inc. (U.S.)
6. Deere & Co. (U.S)
7. Trimble Navigation Ltd. (U.S)
8. Granular, Inc. (U.S.)
9. Agrivi Ltd. (U.K.)
10. FarmerEdge (Canada)
11. New Science Technologies Ltd. (Cyprus)

Smart Irrigation Market worth 1,504.6 Million USD by 2022

According to the new market research report "Smart Irrigation Market by Irrigation Controller (Weather-Based Controllers and Sensor-Based Controllers), Hardware and Network Components, Application, and Geography - Global Forecast to 2022", the smart irrigation market is expected to reach USD 1,504.6 Million by 2022, at a CAGR of 17.2% between 2016 and 2022. The factors which are driving the smart irrigation market are increasing demand for food production, reduction in the wastage of resources, and increasing concern for water conservation.






Major players involved in the development of smart irrigation include Rain Bird Corporation (U.S.), The Toro Company (U.S.), Hunter Industries (U.S.), Netafim (Israel), HydroPoint (U.S.), Baseline Inc. (U.S.), and others.

Sensors expected to lead the smart irrigation market based on hardware and network components

Sensors are expected to hold the largest share of the smart irrigation market by 2022. A sensor is a device that measures the changes in physical quantity or environmental characteristics and converts it into signals that serve as inputs for control. Sensors in irrigation are further segmented to rain/freeze sensor, soil moisture sensor, temperature sensor, wind sensor, flow sensor, and fertigation sensor. Efficient utilization of sensor helps to enhance the productivity and profitability of land and crop, this is because it helps growers to decide when to irrigate, what amount of irrigation water is required, and how much fertilizers are required by the plants.

Weather-based irrigation controller dominate the smart irrigation market based on irrigation controllers

The weather-based irrigation controllers dominated the smart irrigation market based on irrigation controllers. Weather-based controllers set the amount of water for irrigation after understanding the water requirement of the plant or crops. The amount of irrigation water varies with the local weather. For instance, less water is used in rainy or winter seasons and more water in summer season. Weather-based or smart controllers supply the irrigation water on the basis of soil type, weather changes, and others.

Non-agriculture application dominates the smart irrigation market based on application

The market for non-agriculture application segment dominates the smart irrigation market based on irrigation controller. Non-agriculture application includes residential, turf and landscape, golf course, and others. Measuring soil moisture and maintaining the right amount of water in the soil is important in the non-agricultural application as it helps to minimize the wastage of water and others resources. The benefits of optimizing irrigation scheduling with soil moisture sensors include increasing crop yields, saving water, protecting local water resources from runoff, saving on energy and fertilizer costs, and increasing the profitability of the farm.

North America dominated the global smart irrigation market in 2015

North America dominated the global smart irrigation market in 2015. The North America region has shown a progressive growth for the protection of the environment and planned use of natural resources. With the increasing concern for water conservation and to minimize the wastage of resources, the governments in North America are actively participating and providing rebates and subsidy to enhance the application of smart irrigation for residential and non-residential use. The U.S. is the largest market for smart irrigation. The municipalities in the U.S. and water agencies are offering rebates on smart irrigation and water-efficient irrigation components.

This research report categorizes the global smart irrigation market on the basis of irrigation controllers, hardware and network components, application, and geography. This report describes the drivers, restraints, opportunities, and challenges with respect to the smart irrigation market. The Porter’s five forces analysis has been included in the report with a description of each of its forces and their respective impact on the smart irrigation market.