Tuesday, 28 March 2017

Lithium Ion Battery Market by Type (Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Manganese Cobalt) worth 68.97 Billion USD by 2022

The increasing demand of energy-efficient, safe, and low-cost batteries is the key factor driving the growth of the lithium ion battery market. The market was valued at USD 23.51 Billion in 2015 and is expected to grow at a CAGR of 16.6% between 2016 and 2022. The base year considered for the study is 2015 and the forecast period is between 2016 and 2022. The objective of the report is to provide a detailed analysis of the lithium ion battery on the basis of type, power capacity, industry, and geography. The report provides detailed information regarding the major factors influencing the growth of the market. The report also provides a detailed overview of the value chain in the market and analyzes the market trends with Porter’s five forces.

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Browse 78 market data tables and 95 figures spread through 190 pages and in-depth TOC on “Lithium Ion Battery Market - Global Forecast to 2022"
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The research methodology used to estimate and forecast the market begins with capturing data on revenue of the key vendors through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the lithium ion battery market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments which have been verified through primary research by conducting extensive interviews with key experts such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The breakdown of the profiles of primaries is depicted in the below figure.

Lithium Ion Battery Market

The lithium ion battery ecosystem comprises manufacturing of component, manufacturing and assembly of cell, module and pack manufacturing, system designing, and distribution. The players involved in the development of lithium ion battery systems include BYD Co. Ltd. (China), LG Chem Ltd. (South Korea), Panasonic Corporation (Japan), Samsung SDI Co., Ltd. (South Korea), and BAK Group (China), among others, as well as associations such as the International Battery Association and Energy Storage Association.

Key Target Audience
  • Automotive consultants
  • Consumer electronics manufacturers
  • Lithium ion battery distributors and providers
  • Lithium ion battery manufacturing companies
  • Research organizations and consulting companies
  • Smart grid integrators
  • Technology investors
  • Technology standard organizations, forums, alliances, and associations
 “This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments."
Scope of the Report

This research report categorizes the lithium ion battery market on the basis of type, power capacity, industry, and geography.

Lithium Ion Battery Market, by Type:
  • Lithium Nickel Manganese Cobalt (LI-NMC)
  • Lithium Iron Phosphate (LFP)
  • Lithium Cobalt Oxide (LCO)
  • Lithium Titanate Oxide (LTO)
  • Lithium Manganese Oxide (LMO)
  • Lithium Nickel Cobalt Aluminium Oxide (NCA)
Lithium Ion Battery Market, by Power Capacity:
  • 0 to 3000mAh
  • 3000mAh to 10000mAh
  • 10000mAh to 60000mAh
  • More than 60000mAh
Lithium Ion Battery Market, by Industry:
  • Aerospace and Defense
  • Automotive
  • Consumer Electronics
  • Industrial
  • Marine
  • Medical
  • Power
Lithium Ion Battery Market, by Geography:
  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Rest of the World (RoW)
Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information:

Detailed analysis and profiling of additional market players (up to five)

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
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Automated Passenger Counting System Market Worth 298.0 Million USD by 2022 & Passenger Information System Market worth 11.34 Billion USD by 2022

According to the new market research report "Automated Passenger Counting and Information System Market: APC by Technology (Infrared, Stereoscopic Vision, Time-of-Flight), Application (Buses, Trains, Ferryboats), PIS by Systems, Application, and Geography - Global Forecast to 2022", the automated passenger counting system market is expected to reach USD 298.0 Million by 2022, at a CAGR of 18.6% between 2017 and 2022, the passenger information system market is expected to reach USD 11.34 Billion by 2022, at a CAGR of 19.9% during forecast period.

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Browse 70 market data tables and 95 figures spread through 198 pages and in-depth TOC on "Automated Passenger Counting and Information System Market - Global Forecast to 2022"
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The factors driving the growth of the market include the increasing demand for real-time transit information, increased adoption of advanced solutions in the transport sector, advantages offered by APC to transit operators in optimizing operational cost, and government regulations such as the requirement of ridership data from transit operators on a regular basis.

“Stereoscopic vision technology expected to witness the highest growth for the automated passenger counting system market during the forecast period."

The stereoscopic vision technology-based passenger counting system has a high accuracy of more than 95%. These systems are capable of counting and monitoring entrance and exit traffic separately while differentiating between adults, children, and luggage. Moreover, they are capable of counting multiple passengers entering at a time. This technology can cover the widest entrance area for passenger counting, and the accuracy is unaffected by tough environmental conditions such as varying lighting, temperature conditions, and so on.

“Buses segment of the application expected to hold a major share of the automated passenger counting system market during the forecast period.”

Bus transit operators are interested in determining the passenger traveling pattern, such as when, how, and how often the passenger travels, to schedule the bus time and route. The government regulations to provide ridership data, increasing adoption of APC in the developing countries, and integration of APC with other technologies are some of the drivers for the growth of passenger counting systems in buses.

“Railways application expected to hold a major share of the passenger information system market during the forecast period.”

In the railways application, passenger information systems installed in ticket halls, on platforms, in trains, and train stations are included. The passenger information systems provide real-time information related to trains’ timetables, train delays, current location, emergency announcements, advertisements, and infotainment services. The delivery of real-time passenger information to targeted passengers is challenging, and passenger information systems help transit operators to deliver information and offer a better traveling experience to riders.

“APAC is expected to dominate the automated passenger counting and information system market between 2017 and 2022”

The APAC region comprises highly populated and rapidly developing countries such as China, India, and so on. These countries are investing huge amounts of money for developing the transportation sector to match the economic and cultural standards of developed countries, which would drive the automated passenger counting and information system market in the region. The increasing adoption of automated passenger counting and information systems in transit vehicles, including trains, metros, and buses, in the countries such as India, Australia, China, and others spurs the growth of the automated passenger counting and information system market.

The major players in the automated passenger counting and information system market include Iris-GmbH (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech S.p.A. (Italy), DILAX Intelcom GmbH (Germany), Infodev Electronic Designers International Inc. (Canada), Cisco Systems, Inc. (U.S.) Siemens AG (Germany), Hitachi, Ltd. (Japan), Huawei Technology Co., Ltd. (China), init innovation in traffic systems AG (Germany), Clever Devices Ltd. (U.S.), Retail Sensing Ltd. (U.K.), Syncromatics Corp. (U.S.), and Trapeze Group (Canada).

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MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Monday, 20 March 2017

Chilled Beam System Market Trends & Forecast to 2020- $406.8 Million by 2020

the market for chilled beam system is expected to reach $239.9 Million in 2015, reflecting a year-on-year (Y-o-Y) growth rate of about 10.0% over the previous year. Furthermore, the market is expected to grow at a CAGR of 11.14% between 2015 and 2020, to reach $406.8 Million by 2020.
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Browse 76 market data tables and 60 figures spread through 139 pages and in-depth TOC on “
Chilled Beam System Market - Trends & Forecast to 2015 – 2020"
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This report profiles the major players which are active in the chilled beam system market. It also comprises the competitive landscape of the main players including the key growth strategies and market share analysis of the same. Some of the key players profiled in the report are TROX GmbH (Germany), Halton Group (Finland), Flakt Woods Group (Switzerland), FTF Group (U.S.), Swegon AB (Sweden), Lindab AB (Sweden), Systemair AB (Sweden), Dadanco Pty Ltd. (Australia), Caverion Corporation (Finland), and Titus HVAC (U.S.).

Scope of the report

This research report categorizes the global chilled beam system market based on design, function, application, and geography; it also covers the market size forecast of the market.

On the basis of Design:

The global chilled beam system market has been segmented on the basis of design into active chilled beam, passive chilled beam, and multi-service chilled beam.

On the basis of Function:

Based on function, the market has been further segmented into two sub-segments such as cooling only, and cooling and heating. The most widely used function includes cooling and heating.

On the basis of application:

The market has been further split based on application into five sub-segments such as commercial offices, educational institutions, healthcare facilities, hotels, and others.

On the basis of geography:

The report describes market dynamics that include the key drivers, restraints, challenges, and opportunities with respect to the chilled beam system market and forecasts the market till 2020. This global report provides a detailed view of the chilled beam system market across designs, functions, applications, and geographies. The report also profiles the prominent players in the chilled beam system market along with their key growth strategies. The competitive landscape of the market analyses a large number of players with their market share. The market is witnessing numerous collaborations and partnerships across the value chain, to cater to various industries in different geographies.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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Electrical Enclosure Market $5,857.46 Million- Global Forecast to 2020

The total electrical enclosures market was valued at $4,021.02 Million in 2014 and is expected to reach $5,857.46 Million by 2020, at a CAGR of 6.4% between 2015 and 2020.

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Browse 77 market data tables and 81 figures spread through 179 pages and in-depth TOC on “
Electrical Enclosure Market - Global Forecast to 2020"
http://www.marketsandmarkets.com/Market-Reports/electrical-enclosure-market-6953934.html

This report on the market aims to identify the application of electrical enclosures in major industry verticals such as energy & power, commercial & industrial, food & beverages, transportation, and others.

The report’s detailed segmentation on the basis of form factor, material, product type,  industry verticals, and geography covers the overall electrical enclosures market.

The objective of the research study is to analyze the market trends for each of the metallic as well as non-metallic enclosures, the growth rates of various enclosure types in different industry verticals, and their comparison with respect to different geographies.

Apart from the market segmentation, the report also covers the Porter’s five force analysis, the market’s value chain with detailed process flow diagram, and market dynamics such as the drivers, restraints, and opportunities in the overall electrical enclosures market.

This report profiles the major companies involved in the electrical enclosures market including Rittal GmbH & Co. KG (Germany), Pentair Plc. (U.K.), Schneider Electric SE (France), Emerson Electric Company (U.S.), Legrand (France), Hubbell, Inc. (U.S.), Eaton Corporation (Ireland), Eldon Holding AB (Sweden), ABB Ltd (Switzerland), and AZZ Inc. (U.S.).

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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68.97 Billion USD Lithium Ion Battery Market- Global Forecast to 2022

The increasing demand of energy-efficient, safe, and low-cost batteries is the key factor driving the growth of the lithium ion battery market. The market was valued at USD 23.51 Billion in 2015 and is expected to grow at a CAGR of 16.6% between 2016 and 2022. The base year considered for the study is 2015 and the forecast period is between 2016 and 2022.

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=49714593
Browse 78 market data tables and 95 figures spread through 190 pages and in-depth TOC on “Lithium Ion Battery Market - Global Forecast to 2022"
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Lithium nickel manganese cobalt (Li-NMC) type batteries are used in application areas like e-bikes, power tools, medical equipment, and other electric powertrains. Use of cobalt in 1:1:1 ratio with a combination of nickel and manganese gives the optimum result while keeping the cost low, in spite of cobalt being expensive, owing to a low proportion of cobalt in the combination. The energy density of Li-NMC batteries is its primary strength.

The heavy power capacity of the batteries, ranging from 3000mAh to 10000mAh, makes them suitable for the use in EVs and industrial applications. The increasing market of consumer electronics and smartphones has increased the need of batteries with higher power capacity which can keep the device running for longer hours and at the same time giving an optimum experience of the device due to large screen and power backup service. All these factors would lead to the higher adoption of lithium ion battery systems having 3000mAh to 10000mAh power capacity.

The consumer electronics industry is expected to hold the largest share of the overall lithium ion battery market. Lithium ion batteries are a preferred choice for consumer electronics products as a portable power source because of the features such as high energy density and less recharge time. These are low on maintenance and light in weight compared to other rechargeable batteries; therefore, these are widely adopted in consumer electronics products such as mobile phones, tablets, and laptops.

The major players involved in the lithium ion battery market are LG Chem Ltd. (South Korea), Panasonic Corporation (Japan), Samsung SDI Co., Ltd. (South Korea), BYD Co. Ltd. (China), BAK Group (China), A123 Systems, LLC. (U.S.), GS Yuasa Corporation (Japan), Hitachi, Ltd. (Japan), Johnson Controls Inc. (U.S.), Saft Groupe S.A. (France), Toshiba Corporation (Japan), and Valence Technology Inc. (U.S.).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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7.25 Billion USD Battery Management System Market - Global Trend and Forecast to 2022

The battery management system market was valued at USD 1.98 Billion in 2015 and is expected to reach USD 7.25 Billion by 2022, at a CAGR of 20.5% between 2016 and 2022.

The growth of this market is propelled by the rapidly growing need for battery management system given the increasing number of vehicles that require charging such as electric vehicles (EVs), hybrid electric vehicles (HEVs), and plug-in hybrid vehicles (PHV).

These vehicles consist of series-connected battery packs which require extensive monitoring. Hence, battery management systems act as a crucial component in these vehicles for supervising and guaranteeing reliable and safe battery operations.

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Browse 44 market data tables with 67 figures spread through 149 pages and in-depth TOC on
"Battery Management System Market - Global Trend and Forecast to 2022"
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Portable devices such as consumer electronics, power tools, and portable power banks use battery as the sole power source. For the smooth working of these devices, the battery’s management, control, and maintenance are essential. Hence, these applications widely employ battery management systems for the same. The growing demand for these devices globally is expected to drive the battery management system market.

Battery management systems are used in lithium-ion batteries as they are high-power and high-capacity batteries. BMS is used to protect and manage the lithium-ion battery pack and is also integrated with lithium-ion–based batteries such as lithium polymer and lithium iron-phosphate. These lithium-ion batteries are widely used in applications in portable devices, electric vehicles, and renewable energy systems among others. Moreover, the current price reduction of the li-ion battery and the growing adoption of lithium-ion batteries in various applications are expected to drive this market significantly.

Major players in this market include Johnson Matthey Plc. (U.K.), Lithium Balance A/S (Denmark), Nuvation Engineering (U.S.), Valence Technology, Inc. (U.S.), Intersil Corporation (U.S.), Linear Technology Corp (U.S.), NXP Semiconductors N.V. (Netherlands), Texas Instruments Inc. (U.S.), Elithion, Inc. (U.S.), Vecture Inc. (Canada), and Ventec SAS (France).

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Thursday, 16 March 2017

Integrated Bridge Systems Market Research Report- Global Forecast to 2021

The Integrated Bridge Systems(IBS) market is estimated to be valued at USD 5.08 Billion in 2016 and is projected to reach USD 5.60 Billion by 2021, at a CAGR of 1.97% from 2016 to 2021.

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Browse 70 market data tables and 66 figures spread through 157 pages and in-depth TOC on
“Integrated Bridge Systems Market - Global Forecast to 2021"
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The integrated bridge systems market comprises product developers and manufacturers such as, Northrop Grumman Sperry Marine (U.K.), Raytheon Anschütz (Germany), Rolls Royce (U.K.), L-3 Communications Mapps Inc. (Canada), and FURUNO Electric Shokai Ltd. (Japan), among others. These companies offer advanced technological systems, products, and services. They also provide a broad range of management, engineering, technical, communications, and training services.

Target Audience
  • Navigation Systems Manufacturers
  • Technology Support Providers
  • Solution Providers
  • Component Suppliers
  • IBS Consultants
  • Maritime Companies
  • Research Organizations
“This study answers several questions for the stakeholders, primarily which market segments they should focus upon during the next two to five years to prioritize their efforts and investments”.
Scope of the Report
This research report categorizes the integrated bridge systems market into the following segments and subsegments:
  • By Platform
    • Commercial Ships
    • Naval Warships
  • By Size
    • Small Ships
    • Medium Ships
    • Large Ships
  • By Component
    • Small Ship Integrated Bridge System Component
    • Medium Ship Integrated Bridge System Component
    • Large Ship Integrated Bridge System Component
  • By Software
    • Synapsis NX
    • K – bridge sensor integrator (SINT)
    • Visionmaster FT
    • Napa Logbook
    • Naviplanner 4000
  • By Module
    • Radar System
    • Communication Console
    • ECDIS System
  • By Region
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World
Available Customizations:
Along with market data, MarketsandMarkets offers customizations as per the specific needs of a company. The following customization options are available for the report:
  • Market Segment by Modules
    • Radar Systems
    • Communication Systems
    • ECDIS Systems
  • Company Information
    • Detailed analysis and profiles of additional market players (up to five)
About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Electrical Enclosure Market Research Report Global Forecast to 2020

The total electrical enclosures market was valued at $4,021.02 Million in 2014 and is expected to reach $5,857.46 Million by 2020, at a CAGR of 6.4% between 2015 and 2020.
This report on the market aims to identify the application of electrical enclosures in major industry verticals such as energy & power, commercial & industrial, food & beverages, transportation, and others.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=6953934
Browse 77 market data tables and 81 figures spread through 179 pages and in-depth TOC on “
Electrical Enclosure Market - Global Forecast to 2020"
http://www.marketsandmarkets.com/Market-Reports/electrical-enclosure-market-6953934.html
The factors such as the global increase in the residential & industrial infrastructure, expansion of the renewable energy & power sector, and increasing safety regulations in various industries are some of the factors driving the growth of the market.

This report profiles the major companies involved in the market including Rittal GmbH & Co. KG (Germany), Pentair Plc. (U.K.), Schneider Electric SE (France), Emerson Electric Company (U.S.), Legrand (France), Hubbell, Inc. (U.S.), Eaton Corporation (Ireland), Eldon Holding AB (Sweden), ABB Ltd (Switzerland), and AZZ Inc. (U.S.).

Scope of the report:

This report categorizes the global electrical enclosure market on the basis of form factor, material, product type, industry, and geography.

Market based on form factor:

The market, according to form factor is segmented into three types, namely, small enclosure, compact enclosure, and free-size enclosure.

Market on the basis of material:

The market, according to materials, includes metallic and non-metallic.
Market on the basis of product type:

The electrical enclosure market, according to product types of the electrical enclosures covers drip-tight enclosure, dust-type enclosure, flame/explosion-proof enclosure, hazardous environment enclosure, and others.

Market based on industry verticals:

The market, according to industry verticals includes energy & power, commercial & industrial, food & beverage, transportation, and others.

Market based on geography:

The electrical enclosure market, on the basis of geography includes the Americas, Europe, Asia-Pacific, and Rest of the World (RoW). The cross segmentation data included in the report gives a deep insight into the regional markets.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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Silicon Anode Battery Market Research Report Global Forecast to 2022

The global silicon anode battery market was valued at USD 96.5 Million in 2015 and is expected to grow at a CAGR of 43.4% between 2016 and 2022. The base year used for this study is 2015 and the forecast period is 2016 to 2022.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=38224258
Browse 70 market data Tables and 79 Figures spread through 158 Pages and in-depth TOC on
"Silicon Anode Battery Market by Type (Cylindrical, Prismatic & Pouch), Capacity (Less than 1500 mAh, 1500 mAh to 2500mAh & Above 2500 mAh), Application & Geography - Global forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/silicon-anode-battery-market-38224258.html

The scope of this report covers the silicon anode battery market on the basis of capacity, type, application, and geography. In terms of capacity, 1,500 to 2,500 mAh was the largest segment of the market in 2015. Silicon anode batteries are majorly used in consumer electronics, such as smartphones, mobiles & tablets, laptops and wearable devices among others. These batteries are expected to help meet the future requirements of energy storage, long cycle life, safety, and reliability.

There has been an increased demand for silicon anode battery from automotive manufacturers for use in plug-in electric vehicle to increase their all-electric range with the same volume of batteries or use fewer batteries to achieve the same range.

Based on type, prismatic is expected to be the largest segment of the silicon anode battery market in 2016. Modern prismatic cells make optimal use of space by using the layered approach as compared to traditional cell. Prismatic cells improve space utilization and allow flexible design; however, these cells have a shorter cycle life, can be expensive to manufacture, and less efficient in thermal management as compared to cylindrical cells.

Panasonic Corporation (Japan) is considered as one of the important players in the development of silicon anode battery market. The company is focusing on the development of new products such as a rechargeable silicon anode battery for wearable devices.

Moreover, the company has entered into some strategic collaborations and partnerships to strengthen its market share. For instance, the company collaborated with Tesla (U.S.) for the construction of a large-scale battery manufacturing plant in the U.S., known as the Gigafactory.

Based on geography, North America accounted for the largest share of the silicon anode battery market in 2015. The market in Asia-Pacific is expected to grow at the highest CAGR, owing to substantial investments by various companies to set up their silicon anode battery-manufacturing facilities in several countries across in the region.

Factors such as large volume change of silicon and breakdown of solid electrolyte interphase (SEI) when nanostructure shrinks during delithiation process are expected to restrain the growth of the market in the coming years. When building a charge, silicon anode materials swell to store lithium ions. The swelling that accompanies lithium absorption is a major challenge when designing high capacity silicon anode lithium-ion battery.
About MarketsandMarkets
 
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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Tank Level Monitoring System Market Research Report Global Forecast to 2020

The global tank level monitoring system market is expected to reach $859.0 million by 2020, at a CAGR of 6.0% from 2015 to 2020. The market in Asia-Pacific is expected to grow at the highest CAGR of 12.4% during the given forecast period.

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=78964849

Browse 45 market data tables and 48 figures spread through 93 pages and in-depth TOC on “
Tank Level Monitoring System Market - Analysis & Forecast to 2020"
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The report includes company profiles of major players, recent activities in the market, new product launches, mergers & acquisitions, collaborations and partnerships, and SWOT analysis.
Some of the company profiled in this report are American Sensor Technologies (U.S.), Gauging Systems, Inc. (U.S.), Piusi S.p.a (Italy), Pneumercator (U.S.), SmartLogix Technologies (U.S.), Solid Applied Technologies (Israel), Varec, Inc. (U.S.), Digi International, Inc. (U.S.), and Dunraven Systems (Ireland).

Scope of the Report:
 
This report categorizes the global market for tank level monitoring system on the basis of product and component, technology, application, and geography.
Market Segmentation, by Product and Component:
 
The tank level monitoring system market has been segmented on the basis of product into invasive and non-invasive, whereas with respect to component, the market has been segmented into sensor, tracking devices power supply, and monitoring system.

Market Segmentation, by Technology:
 
The market has been segmented on the basis of technology into float & tape gauging, pressure level monitoring, ultrasonic level monitoring, capacitance level monitoring, and radar-based level monitoring.

Market Segmentation, by Application:
 
The market has been segmented on the basis of application into oil & fuel, chemical industry, mining, agriculture & husbandry, automotive, and power plant.
Market Segmentation, by Geography:
 
The geographic analysis covers North America, South America, Europe, MEA, and Asia-Pacific.
About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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Battery Energy Storage System Market Research Report Global Forecast to 2022

The battery energy storage system market was valued at USD 747.61 Million in 2015 and is expected to grow at a CAGR of 37.0% between 2016 and 2022. The base year used for the study is 2015 and the forecast period is between 2016 and 2022. 

Browse 75 market data tables and 77 figures spread through 165 pages and in-depth TOC on “Battery 
Energy Storage System Market - Global Forecast to 2022"

This report provides a detailed analysis of the battery energy storage system market segmented on the basis of battery type, connection type, revenue source, ownership, application, and geography. 
The increasing demand for grid-connected solutions and growing electric vehicle market is expected to impact the market in the future.

The key players in the market include ABB Ltd. (Switzerland), AEG Power Solutions (The Netherland), General Electric Co. (U.S.), Hitachi ltd (Japan), LG Chem. (South Korea), NEC Corporation (Japan), Panasonic Corporation (Japan), Samsung SDI Co., ltd. (South Korea), Siemens AG (Germany), and Tesla Motors Ltd. (U.S.) among others.

Key Target Audience:
  • Battery energy storage system developers
  • Grid connected solution providers
  • Research organizations
  • Technology investors
  • Technology standards organizations
  • Associations, forums, and alliances related to battery energy storage system
  • Government bodies such as regulating authorities and policy makers
“Study answers several questions for the stakeholders, primarily which market segments to focus in the next two to five years for prioritizing the efforts and investments.”
Scope of the Report
The research report segments the battery energy storage system market into the following submarkets:
By Battery Type:
  • Lithium-Ion Batteries
  • Advanced Lead-Acid Batteries
  • Flow Batteries
  • Sodium-Sulfur (NAS) Batteries
  • Others
By Connection Type:
  • On-Grid
  • Off-Grid
By Ownership:
  • Customer-Owned
  • Utility-Owned
  • Third-Party-Owned
By Revenue Source:
  • Hardware
  • Software & Services
By Application:
  • Residential
  • Non-Residential
  • Utility
  • Transportation
  • Others
By Geography:
  • Americas
  • Europe
  • Asia-Pacific
  • Rest of the World
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
  • Detailed analysis and profiling of additional market players
About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
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Markets and Markets
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Tuesday, 14 March 2017

Vein Illuminator Investors can get High Revenue in coming years by 2022

The total market is expected to reach USD 227.2 Million by 2022, at a CAGR of 32.41% between 2016 and 2022. The major drivers for the growth of the vein illuminator market are the growing aging population worldwide and desire for increasing patient satisfaction level.

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Browse 70 tables and 60 figures spread through 146 Pages and in-depth TOC on "Vein Illuminator Market - Global forecast to 2022"
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Out of the major end-user industries, market for hospitals is expected to grow at a high CAGR between 2016 and 2022 owing to the demand for technologically advanced medical equipment that can contribute to the increased satisfaction level of patients along with reduced discomfort. Academic institutions are expected to grow at the second-highest CAGR during the forecast period. 

The increased research and practical application in these institutions drives the demand for vein illuminator devices in this market. However, the prevalence of traditional methods of vein detection as well as the high cost of these devices hinders the adoption of vein illuminators.

The major vendors in the vein illuminator market include AccuVein Inc. (U.S.), Christie Medical Holdings, Inc. (U.S.), TransLite LLC. (U.S.), Venoscope LLC. (U.S.), Sharn Anesthesia (U.S.), VueTek Scientific (U.S.), InfraRed Imaging Systems (U.S.), ZD Medical Inc. (U.S.), Cambridge Medical (Asia) Private Limited(Singapore), and Near Infrared Imaging Inc. (U.S.).
Key Target Audience
  • Start-up companies
  • Venture capitalists
  • Investment houses
  • Consulting firms
  • End-user industry players
  • Infrared and ultrasound technology providers
  • Sensors, transmitter, receiver, camera, and projector suppliers and manufacturers
Scope of the Report:
The research report segments the vein illuminator market into the following submarkets:
By Technology:
  • Near Infrared Illumination (NIR)
  • Transillumination
  • Ultrasound
By Application:
  • IV Access
  • Blood Draw
  • Other Applications
By End-User Industry:
  • Hospitals
  • Rehabilitation Centers
  • Blood Donation Camps
  • Academic Institutions
  • Others
By Geography:
  • North America
  • Europe
  • Asia-Pacific
  • RoW

Available customizations:
  • Vein illuminator market: By technology; by application; by end-user industries
  • Vein illuminator market: By technology, by application, by region
  • Vein illuminator market: By technology; by end–user industries
About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
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Magarpatta city, Hadapsar
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1-888-600-6441
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Why the Potential of Mobile Augmented Reality Is Greater Than You Think

The mobile augmented reality market is expected to be worth USD 79.77 Billion by 2022, at a CAGR of 69.85% between 2016 and 2022. It has a large application in the commercial vertical. Mobile augmented reality is one of the emerging technologies to view virtual information or content in a real-world environment using handheld devices.

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=174800140

Browse 77 market data Tables and 50 Figures spread through 166 Pages and in-depth TOC on "Mobile Augmented Reality Market - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/mobile-augmented-reality-market-174800140.html
To estimate the size of the mobile augmented reality market, top-down and bottom-up approaches have been used. This research study involves an extensive usage of secondary sources, directories, and databases such as Factiva and OneSource to identify and collect information useful to study the technical, market-oriented, and commercial aspects of mobile augmented reality. The research methodology is explained below.
  • This entire research methodology includes the study of annual and financial reports of top players, presentations, press releases, journals, paid databases, and interviews with industry experts.
  • High-growth segments have been identified to analyze opportunities in the global mobile augmented reality market
  • Competitive developments such as joint ventures, mergers & acquisitions, new product developments, and research & development in the global mobile augmented reality market have been analyzed.
  • All the percentage splits and breakdown of the market segments are analyzed on the basis of secondary and primary research.
APAC expected to hold the largest market share and witness high growth during the forecast period

The mobile augmented reality market in APAC is expected to grow at the highest CAGR between 2016 and 2022. The reason for this growth is adoption of new technologies, economic growth, and increasing use of smartphones and other gadgets. The rapid increase in technological innovations and advanced communication systems are driving the demand for mobile augmented reality apps in China, Japan, India, and South Korea. Most of the developments in smartphones and tablets market are expected in China. Therefore, the market in APAC is expected to grow rapidly during the forecast period.

The key players in the ecosystem of the mobile augmented reality market profiled in this report are Google Inc. (U.S.), Qualcomm Inc. (U.S.), Samsung Electronics Co. Ltd. (South Korea), Microsoft Corporation (U.S.), Infinity Augmented Reality Inc. (Israel), Blippar.com Limited (U.K.), DAQRI LLC (U.S.), Wikitude GmbH (Austria), Metaio GmbH (Germany), Catchoom Technologies (Spain), Aurasma (U.K.), and Atheer Inc. (U.S.).

This research report categorizes the global mobile augmented reality market based on component, application, vertical, and geography. This report describes the drivers, restraints, opportunities, and challenges for the growth of the mobile augmented reality 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 mobile augmented reality market.

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


Contact:
Mr. Rohan
Markets and Markets
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Digital Holography Market To Make Great Impact In Coming Years by 2020

Digital holography is mainly used to generate 3D holograms of objects through CCD cameras for 3D visualization of objects for measurements, coordination study, and research purposes. Its major applications are holographic microscopy and holographic display. The market is expected to grow from USD 819.6 Million in 2014 to reach USD 5,504.3 Million by 2020, at a CAGR 37.5% during the forecast period (2015–2020).

Download PDF Brochure:http://www.marketsandmarkets.com/pdfdownload.asp?id=136623896

Market, by Component:

The digital holography market is segmented on the basis of components into hardware (laser, beam splitter, CCD camera, mirrors, and others (beam combiner, spatial filter, and other projection equipment)) and software applications.

Market, by Application:

Major applications of the digital holography market include microscopy, holographic display, and holographic television & telepresence.

Market, by Vertical:

The major verticals of digital holography market include aerospace & defense, automotive, medical, data center, consumer (gaming & entertainment), commercial (education, public administration, financial/banking, and retail) and others (oil & gas and metrology).

Market, by Geography:

The digital holography market is segmented on the basis of geography into North America (the U.S., Canada, and Mexico), Europe (Germany, the U.K., Italy, France and Others), APAC (China, India, Japan, South Korea and Others), and the Rest of the World (Middle East & Africa and Latin America).

This report describes the market trends, drivers, and challenges in the global digital holography market and projects the market size for the period between 2015 and 2020, on the basis of components, applications, verticals, and geography. 

This report gives a detailed view of the market across the major geographical regions, namely, North America, Europe, APAC, and RoW. North America holds the largest market size in terms of value; this region is expected to grow at the highest CAGR of 39.8% between 2015 and 2020.The commercial sector holds the largest share of the digital holography market. In terms of the competitive landscape, the market is witnessing several new product launches and new product developments.

This report caters to the needs of leading operators, contractors, and OEMs in the market. Other parties that could benefit from the report include government bodies, consulting firms, business development executives, C-level employees, and VPs. Our report would help in the analysis of new opportunities and potential revenue sources and enhance your decision-making process for new business strategies. The quantitative and qualitative information in the report along with our comprehensive analysis would help you stay competitive in the market.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
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1-888-600-6441
Email: sales@marketsandmarkets.com

Opportunities for Mobile Biometrics Market : An investor perspective

The mobile biometrics market is expected to grow from USD 4.03 Billion in 2015 to USD 49.33 Billion by 2022, at a CAGR of 29.3% between 2016 and 2022. The industrial consensus on developing intelligence in mobile devices drives the use of biometric technology. In the last few years, most of the smart phone companies have launched biometrics-enabled phones. While the focus is currently on fingerprint recognition technology, the market is trending toward advanced biometric technologies such as face, voice, iris, and others.

Download PDF Brochure:http://www.marketsandmarkets.com/pdfdownload.asp?id=255843667
Browse 61 market data Tables and 60 Figures spread through 142 Pages and in-depth TOC on 
"Mobile Biometrics Market - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/mobile-biometric-market-255843667.html

The mobile biometrics market has been segmented on the basis of components, authentication modes, industries, and geography. The single-factor authentication mode is expected to lead the market during the forecast period, while multi-factor authentication in biometrics is an emerging trend in this market. The growth of the market is primarily driven by factors such as government initiatives, increasing use of biometrics in smartphones, e-passports, and use of biometrics technology in crime identification & banking.
Fingerprint recognition is the leading single-factor authentication method and is expected to lead the market during the forecast period as it is the cheapest and most widely used method across all industries.
Economy modernization initiatives in emerging countries and government support are the major factors contributing to the growth in APAC. In addition to this, the governments of several Asian countries actively promote and adopt biometric technologies. India has introduced projects such as smart cities, e-governance, and digital India, where mobile biometrics technology is expected to play a big role. China introduced the new China Resident Identity Card Law. Considering these developments, the mobile biometrics market is expected to flourish in APAC in the coming years

The fear of privacy & data breach and high initial setup cost are the major restraints for this market. There are also possibilities of biometric databases being tampered with. Furthermore, the high initial setup costs further restrain the growth of the market.

The consumer electronics industry led the mobile biometrics market in 2015. The finance and banking industry is expected to grow at a prominent growth rate during the forecast period. The increasing size of mobile transactions and the growing e-commerce supports the growth of mobile biometrics in these industries.

The mobile biometrics ecosystem comprises hardware suppliers, manufacturers, software companies, system integrators, and technology providers. The key players in the market are Apple Inc. (U.S.) Nuance Communications, Inc. (U.S.), Safran SA (France), NEC Corporation (Japan), 3M Cogent, Inc. (U.S.), and Precise Biometrics (Sweden),  and M2SYS Technology (U.S.). Some of the other players that have shown prominent growth are Crossmatch (U.S.) BIO-key (U.S.), Aware Inc. (U.S.), Applied Recognition, Inc. (Canada), EyeVerify, Inc. (U.S.), and others

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com