Mobile Augmented Reality Market (Research Report) worth 79.77 Billion USD by 2022

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.

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The commercial vertical accounted for the largest share of the mobile augmented reality market, followed by the consumer vertical, in 2015.  The augmented reality applications in e-commerce help retailers provide digital information and 3D visualization of physical goods. Retailers, franchise stores, and mall owners are using mobile augmented reality technology for advertising and marketing. In the tourism sector, virtual objects are displayed in a real environment to provide users information pertaining to a particular site and enrich their experience.  This is likely to boost the demand for this technology in this sector.

The market for the industrial vertical is expected to grow at a high rate since augmented reality apps and handheld devices are used in architecture and building design for a 3D view of the construction plan which helps reduce errors in the final design.

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.

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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.

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Hearth Market projected to be worth 18.43 Billion USD by 2022

According to the MarketsandMarkets forecast, the hearth market size, in terms of value, is expected to reach USD 18.43 Billion by 2022, at a CAGR of 2.5% between 2016 and 2022. On the basis of volume, the market is expected to register a shipment of 6,877.38 thousand units by 2022, at a CAGR of 4.1% during the forecast period. The major growth drivers for the market include factors such as the the cold weather conditions in certain regions and the rising interest for aesthetically appealing home decor products by the customers.

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The scope of this report covers the hearth market on the basis of fuel type, product, design, placement, application, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges for the market. It also profiles the key players operating in the hearth market.

The electric-based hearth market is expected to grow at the highest CAGR between 2016 and 2022. The benefits of electric hearths include efficient space heating along with low emissions, which make them more environment-friendly. Electric appliances are easier to clean as there are no ash of wood and logs. These are also more economical than other hearths as they require low maintenance and installation costs.

In terms of applications, the hospitality application is expected to register the highest growth during the forecast period. The amusement places such as hotels, restaurants, bars, and cafes install indoor and outdoor hearths to provide the customers a good experience, comfort, and artistic appeal. They even install their grilling and barbeque set up in the outdoors to give the customers a better dining experience.

North America held the largest share of the hearth market in 2015 because of the presence of many key companies in the hearth market expanding their production and distribution across North America. The U.S. and Canada are the major contributors for this region. The extreme cold climate of the region along with people’s growing interest towards home décor products are the key drivers for the growth of this market in North America.

Some of the major players in this market are HNI Corporation (U.S.), Travis Industries Inc. (U.S.), Innovative Hearth Products LLC (U.S.), FPI Fireplace Products International Ltd. (Canada), Napoleon Products (Canada), Empire Comfort Systems, Inc. (U.S.), Hearth Products Controls Co. (U.S.), Hearthstone Stoves (U.S.), Montigo (Canada), and Pacific Energy (Canada) among others.

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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.

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Opportunities in the Global Programmable Robots Market

The revolution of service robotics has augmented the need for more robotics engineers and scientists for various sectors such as manufacturing, education, research & development. This has considerably changed the nature of education at all levels, especially from K-12 schools to graduate universities, which have been integrating robotics courses in their curriculums in various fields as mechanical engineering, computer science, electrical engineering, communications, control, and others.

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Programmable robots are majorly used in education and entertainment sectors. The demand for programmable robots has been increasing at a considerable rate with the increasing adoption of robots in the education and research sector which stimulates the growth of educational robots.

Browse 69 tables and 65 figures spread through 159 Pages and in-depth TOC on "Programmable Robots Market - Global Forecast to 2020"

However, the market faces various challenges due to the high cost of robotic kits and issues related to durability and robustness of programmable robots. However, The market for programmable robots was valued 1,050 Million in 2014 and is expected reach USD 2,381.5 Million by 2020, at a CAGR of 14.94% from 2015 to 2020.

The report describes market dynamics that include the key drivers, restraints, challenges, and opportunities with respect to the programmable robots market and forecasts the market till 2020. This global report provides a detailed view of the programmable robots market across components, applications, and geographies. 

The report also profiles the prominent players in the programmable robots market, along with their key growth strategies. The competitive landscape of the market analyzes 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.

The major companies in the global programmable robots market that have been included in this report are Lego Group (Denmark), Honda Motor Co., Ltd. (Japan), Aldebaran Robotics SAS (France), Innovation First International, Inc. (U.S.), WowWee Group Limited (Hong Kong), RobotShop, Inc. (Canada), Orbotix, Inc. (U.S.), Bossa Nova Robotics, Inc. (U.S.), RoboBuilder Co., Ltd. (South Korea), Romotive, Inc. (U.S.), Yujin Robot Co., Ltd. (South Korea), and others.

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.

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Key Data From Primary Sources: Power Line Carrier Communication

The power line carrier communication (PLCC) market was valued at USD 4.11 Billion in 2015 and is expected to reach USD 11.27 Billion by 2022, at a CAGR of 15.18% during the forecast period. The Power over Ethernet (PoE) controller market was valued at USD 0.45 Billion in 2015 and is expected to reach USD 1.04 Billion by 2022, at a CAGR of 12.56% during the forecast period. The base year used for this study is 2015, and the forecast period considered is between 2016 and 2022.

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Browse 100 market data Tables and 76 Figures spread through 189 Pages and in-depth TOC on "Power Line Carrier Communication Market by Technology (Broadband & Narrowband), Application (Smart Grid & Indoor Networking), & PoE Controller Market by Type (PSE & PD), Application (Connectivity, Security, & LED Lighting), Geography - Global Forecast to 2022"
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The power over Ethernet (PoE) controller market was valued at USD 0.45 Billion in 2015 and is expected to reach USD 1.04 Billion by 2022, at a CAGR of 12.56% during the forecast period.  The growth of this market can be attributed to the increasing demand for PoE-based products, especially in the commercial vertical; continuous rise in the deployment of PoE compatible VoIP phones and wireless access points; and increasing use of PoE power sourcing equipment for powering devices such as VoIP phones and wireless access points.

The scope of this report covers the PLCC market on the basis of frequency, application, vertical, component, and geography; and the PoE controller market on the basis of type, product, application, vertical, and geography. Multifold increase in smart grid applications and significant growth in connectivity applications are expected to drive the growth of the global PLCC and PoE controller markets, respectively.

The market for narrowband PLCC systems is expected to grow at a high rate during the forecast period. The increasing requirement for low-speed data control and monitoring signals across majority of communication systems (especially among remote applications), minimal signal losses during long distance communications, and compatibility with telemetry applications are the key drivers for the growth of the said market. The market for powered device (PD) controllers is also expected to grow at a high rate during the forecast period, owing to the increasing demand for PoE-enabled devices, especially VoIP phones and wireless access points.

The major players in the PLCC and PoE controller markets include Maxim Integrated Products Inc. (U.S.), Texas Instruments Inc. (U.S.), STMicroelectronics N.V. (Switzerland), Linear Technology Corp. (U.S.), Cypress Semiconductor Corp. (U.S.), Broadcom Ltd. (U.S.), and Yitran Technologies Ltd. (Israel) among others.

This research report categorizes the global PLCC market on the basis of frequency, application, vertical, component, and geography; and the global PoE controller market on the basis of type, product, application, vertical, and geography. This report describes the drivers, restraints, opportunities, and challenges for the growth of the PLCC and PoE controller markets.

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.

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Key Industry Insights: Airport Lighting Market

The airport lighting market is projected to grow from USD 473.7 Million in 2016 to USD 672.2 Million by 2021, at a CAGR of 7.2% from 2016 to 2021. Airport lights are used to indicate directions to the aircraft, during landing, takeoff, and parking. These lights are installed in runways, taxiways, and aprons. The runway lights are generally white, taxiway lights are blue in color, and apron lights can be of any color. The apron lights can be replaced by reflective markers in smaller airports.

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The LED lights segment dominates the airport lighting market, and is expected to continue its dominance over the next five years, primarily driven by the need for energy conservation at airports and reduction in maintenance costs. It has been proven that the LED lights save up to 40% energy compared to that of non-LED lights.

Browse 85 market data tables with 42 figures spread through 148 pages and in-depth TOC on "Airport Lighting Market " 

The airport lighting market has been segmented and analyzed in terms of three positions of lighting, which include in-pavement/inset lights, elevated lights, and precision approach path indicator (PAPI). The in-pavement/inset lights segment is projected to grow at the highest CAGR from 2016 to 2021. This growth is mainly attributed to the increased spending by aviation authorities towards adopting a more simple technology and hassle-free maintenance lighting systems.

The airport lighting market is a competitive market, dominated by companies based on their core competencies. Key players operating in the market include ADB Airfield Solutions (U.S.), Honeywell International (U.S.), Inc., ABB (Switzerland), and Hella KGaA Hueck & Co. (Germany), among others. Honeywell International, Inc. is one of the top companies profiled in the market. The company has a strong distribution network, with centres across 70 countries worldwide. Since 1933, Honeywell has been a market leader in the market, with a robust product portfolio and wide customer base.

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.

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Touchscreen Controller Market Expected to Have A Huge Growth Opportunity in APAC

The touchscreen controller market was valued at USD 3.68 Billion in 2015 and is expected to reach USD 9.11 Billion by 2022, at a CAGR of 15.2% between 2016 and 2022. The growth of this market is propelled by the increasing use of touchscreen in automobiles. With the introduction of touch panels, a market potential for the touch controllers has also been established. Therefore, the demand for touch controllers is expected to grow significantly in the near future.

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Browse 69 market data Tables and 83 Figures spread through 172 Pages and in-depth TOC on "Touchscreen Controller Market"

The capacitive controller technology led the touchscreen controller market. The large market share of capacitive controller technology is attributed to the high demand for capacitive technology from various devices in consumer electronics applications such as smartphones, tablets, laptops, wearable devices, and others. Capacitive controllers are highly responsive and provide a real-time feel while minimizing power consumption. These are among the major factors responsible for increasing the popularity of capacitive touchscreen controllers as well as increasing use of capacitive touchscreens among manufacturers across various applications.

The consumer electronics to lead the touchscreen controller market during the forecast period. Touchscreens have been majorly used in consumer electronics such as smartphones, tablets, and laptops since many years. Smartphones, in particular, are the largest consumers of touchscreen as well as touch controllers. Besides these devices, touchscreens have also emerged in other consumer electronics devices such as gaming devices, and smart home devices, among others. Moreover, the growing innovation and increasing demand for advanced touchscreens are expected to further drive the touchscreen controller market.

The large market size of the Asia-Pacific region is attributed to the presence of a number of leading consumer electronics manufacturers such as Sony Corp. (Japan), Samsung SDI Co., Ltd. (South Korea), HTC Corp (Taiwan), Panasonic Corp. (Japan), Huawei Technologies Co., Ltd. (China), and LG Electronics Inc. (South Korea), among others in the region. Furthermore, the rapid development of industrial automation and growing investments in the manufacturing industry is increasing the use of automatized and advance system integrated with touchscreens. Moreover, the major touchscreen controller manufacturers such as Melfas Incorporated (Korea) as well as Samsung Electronics Co. Ltd. (South Korea), among others are present in the Asia-Pacific region, and are actively involved in new product launches, acquisitions, and partnerships to expand their market reach.

Major players in this market include Microchip Technology Incorporated (U.S.), Synaptics Incorporated (U.S.), STMicroelectronics N.V. (Switzerland), Cypress Semiconductor Corporation (U.S.), Texas Instruments Inc. (U.S.), Broadcom Limited (U.S.), Analog Devices Inc. (U.S.), Melfas Incorporated (Korea), Elan Microelectronics Corp. (Taiwan), NXP Semiconductors N.V. (Netherlands), Integrated Device Technology, Inc. (U.S.), and Samsung Electronics Co. Ltd. (South Korea).

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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Motion Simulation Market Is Booming Worldwide: worth $45.72 Billion by 2020

Motion simulation systems create a virtual environment to synchronize the simulated motion with visual display. They are primarily used to replicate the real world issues and problems in a virtual environment.

It has become increasingly important to train the operator using realistic effects to increase the productivity and avoids mistake on the field. The motion simulation market is developing rapidly in various applications such as automotive, defense, mining, entertainment, and healthcare. 

The automotive, entertainment, and mining applications are expected to record high growth rate between 2015 and 2020. However, the major market share was contributed by the defense industry in 2014 and this trend and is expected to continue during the forecast period.

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This report gives a detailed view of the market across regions, namely, North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). North America dominates the motion simulation market with the highest market share of ~56% in 2014; it is expected to grow at a CAGR of 5.50% between 2015 and 2020. Similarly, North America dominates the human motion simulation market with a high market share of ~40% in 2014. However, the Asia-Pacific and RoW markets for human motion simulation are expected to grow at high CAGRs of 11.73% and 11.24%, respectively, between 2015 and 2020.

The major players involved in the development of the motion simulation market include CAE Inc. (Canada), Moog Inc. (U.S.), Siemens AG (Germany), Dassault Systems SA (France), Laerdal Medical AS (Norway), Human Solutions GmbH (Germany), Bosch Rexroth AG (Germany), Exponent Inc. (U.S.), SantosHuman Inc. (U.S.), and Thoroughbred Technologies (Pty) Ltd. (South Africa).

Browse 73 market data tables and 65 figures spread through 150 pages and in-depth TOC on “Motion Simulation Market - Forecast to 2020"

The report includes a brief description of the factors driving and restraining the growth of the market as well as its opportunities and challenges. The factors driving the market include stringent regulation in the aviation industry for simulated training, huge opportunity for cost saving, growing emphasis on patient safety, and digitization of the human body structure. The huge research and development requirement and the availability of limited funding for healthcare systems are the factors restraining the development of the motion simulation market. The high cost of implementation of motion simulation systems presents a major challenge for 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.

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Mixed Reality : Great Future, Great Applications and Great field for Investment

The mixed reality technology combines the virtual world of computer generated imagery with the real-world environment. It offers more realism than conventional virtual reality and enables the user to interact with designs in real-time. It offers digital prototypes with real-world environments to validate the design assumptions and/or identify potential concerns. The mixed reality systems also help incorporate the required designs faster, reduce prototype iterations, and enable companies to get their products to reach the market sooner. The global mixed reality market is estimated to be valued at USD 453.4 Million by 2020, at a CAGR of 75.2% between 2016 and 2020.

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Most of the large players in the reality market have invested in the mixed reality technology. For instance in January 2015, the Microsoft Corporation (U.S.) announced the launch of its mixed reality prototype product named HoloLens. The device features a see-through, holographic display and advanced sensors that map the physical environment. Moreover, other players such as Atheer, Inc. (U.S.), Meta Company (U.S.), Daqri LLC (U.S.), and Magic Leap, Inc. (U.S.) have developed prototypes to cater to various industrial and enterprise related needs.

This report provides a detailed analysis of the overall mixed reality market and its segmentation done on the basis of application and geography.

The objective of the research study was to analyze the market trends for each of the industries, the growth rates of the various applications (industrial, aerospace & defense, medical, architecture, consumer, and others as well as the demand comparison of these industries.

Apart from the market segmentation, the report also covers the market’s value chain with a detailed process flow diagram, and the market dynamics such as the drivers, restraints, and opportunities pertaining to the overall mixed reality 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
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Interposer and Fan-Out WLP Market expected to be worth 13.42 Billion USD by 2022

According to the new research report "Interposer and Fan-Out WLP Market by Application (Logic, Imaging & Optoelectronics, Memory, MEMS/Sensors, LED, Power), Packaging Technology (TSV, Interposer, and Fan-Out WLP), End-User Industry, and Region - Global Forecast to 2022", the interposer and fan-out WLP market is expected to be valued at USD 13.42 Billion by 2022, growing at a CAGR of 28.09% between 2016 and 2022. The growth of this market is mainly driven by the rising trend of miniaturization of electronics devices; increasing demand for advanced architecture in smartphones, tablets, and gaming devices; and increased usage of advanced wafer level packaging technologies in MEMS and sensors.

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Through-silicon Vias (TSVs) held the largest size of the  interposer and fan-out WLP market in 2015

TSV is one of the most compact package types with increased functionality. TSV has gained popularity in space-constrained mobile applications and is used in portable consumer devices as well as industrial products as it is a cost-effective, compact, lightweight, and high-performing semiconductor. The rising demand for advanced memory packages such as flash and hybrid memory, image sensors, and others in the consumer electronics industry is driving the growth of this market.

The market for memory applications to grow at the highest rate between 2016 and 2022

The use of interposer and fan-out WLP is expected to provide a cost-effective solution and drive the wide-scale adoption of this technology in potential end products. The average number of stacked dice in memory modules is likely to grow with the increasing usage of interposers. Moreover, innovations in advanced data storage such as flash memory, hybrid memory cube, and so on are creating a demand for interposer and fan-out WLP to develop high-performing compact memory solutions. In addition, the advent of complex device designs has brought new challenges in interconnections such as need for higher I/O density and performance requirements, which are efficiently addressed by interposer and fan-out WLP.

APAC accounted for the largest share of the interposer and fan-out WLP market in 2015

The major factors driving the growth of the market in APAC include the presence of major semiconductor foundries, including TSMC (Taiwan) and UMC (Taiwan); proximity to major downstream electronics manufacturing operations; government-sponsored infrastructure support; tax incentives; and availability of skilled engineers and labor at a relatively low cost.

The major players operating in the interposer and fan-out WLP market include Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Samsung Electronics Co., Ltd. (South Korea), Toshiba Corp. (Japan), ASE Group (Taiwan), Amkor Technology (U.S.), Qualcomm Incorporated (U.S.), Texas Instruments (U.S.), United Microelectronics Corp. (Taiwan), STMicroelectronics NV (Switzerland), Broadcom Ltd. (Singapore), Intel Corporation. (U.S.), Jiangsu Changing Electronics Technology Co., Ltd. (China), and Infineon Technologies AG (Germany).

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Touchscreen Controller Market expected to be worth 9.11 Billion USD by 2022

The touchscreen controller market was valued at USD 3.68 Billion in 2015 and is expected to reach USD 9.11 Billion by 2022, at a CAGR of 15.2% between 2016 and 2022. The growth of this market is propelled by the increasing use of touchscreen in automobiles. With the introduction of touch panels, a market potential for the touch controllers has also been established. Therefore, the demand for touch controllers is expected to grow significantly in the near future.
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The capacitive controller technology led the touchscreen controller market. The large market share of capacitive controller technology is attributed to the high demand for capacitive technology from various devices in consumer electronics applications such as smartphones, tablets, laptops, wearable devices, and others. Capacitive controllers are highly responsive and provide a real-time feel while minimizing power consumption. These are among the major factors responsible for increasing the popularity of capacitive touchscreen controllers as well as increasing use of capacitive touchscreens among manufacturers across various applications.
The consumer electronics to lead the touchscreen controller market during the forecast period. Touchscreens have been majorly used in consumer electronics such as smartphones, tablets, and laptops since many years. Smartphones, in particular, are the largest consumers of touchscreen as well as touch controllers. Besides these devices, touchscreens have also emerged in other consumer electronics devices such as gaming devices, and smart home devices, among others. Moreover, the growing innovation and increasing demand for advanced touchscreens are expected to further drive the touchscreen controller market.

Asia-Pacific held the largest share of the touchscreen controller market in 2015; it is also expected to grow at the highest rate during the forecast period. The high growth of the Asia-Pacific market is attributed to the presence of a number of leading consumer electronics manufacturers, increasing use of automatized and advance system integrated with touchscreens in the manufacturing industry, and the growth in the production of vehicles integrated with touch infotainment systems.
The major restraint for the companies operating in the touchscreen controller market is the technical compatibility issues of the touchscreen controller and the touchscreens with regard to response time, refresh rate, and the power consumption. Maintaining a fast refresh rates in a large screens is difficult as the touch controller needs to sweep greater surface area, collect data from all the intersections, and then process that data. To add to this, the power consumption of a touchscreen controller may increase if the refresh rate is increased.
Microchip Technology Incorporated (U.S.) is a major player in the touchscreen controller market and holds a leading position in designing microcontrollers, capacitive touch solutions, advanced logic, and others. It is also well-known for manufacturing and distributing touchscreen controller. The company’s product portfolio includes analog resistive and projected capacitive touch controllers for applications in the automotive, aerospace, touch and input sensing. By focusing on product and technology development, the company has established a strong foothold in this market. The company has acquired Atmel Corporation (U.S.) to offer the customers a wide set of touch solution options.
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.
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Lithium Ion Battery Market projected to be Worth 68.97 Billion USD by 2022

According to the new market research report "Lithium Ion Battery Market by Type (Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Manganese Cobalt), Power Capacity (0 to 3000mAh, 3000mAh to 10000mAh, 10000mAh to 60000mAh), Industry, and Geography - Global Forecast to 2022", published by MarketsandMarkets,  the lithium ion battery market is expected to be valued at USD 68.97 Billion by 2022, growing at a CAGR of 16.6% between 2016 and 2022.

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Factors that are driving the growth of the market include increase in demand for electric vehicle (EV), strict government mandates on fuel economy, growing demand for smart devices and other consumer electronics, and development toward enhancement of lithium ion batteries.

"Lithium ion battery market for lithium nickel manganese cobalt battery type expected to grow at the highest rate between 2016 and 2022"

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.

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"The market for 3000mAh to 10000mAh power capacity batteries expected to grow at the highest rate during the forecast period"

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.

"Consumer electronics industry expected to hold the largest share of the lithium ion battery market" 

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.

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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.).

"Europe expected to hold the second-largest share of the lithium ion battery market during the forecast period"

The automobile industry in Europe is strategic industry with the leanest production processes and optimized use of energy for manufacturing. Increasing market share of EV in Europe is prominently supporting the adoption of lithium ion batteries. Increasing funding from the government is supporting the adoption of lithium ion batteries in electric cars. GREENLION is a project funded by EU for manufacturing cheaper and dependable lithium ion batteries for electric cars. These are some of the factors contributing to the growth of the lithium ion battery market in Europe.

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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 info graphics 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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Lithium Ion Battery Market Research Report - 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.
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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 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.

Lithium cobalt oxide (LCO) battery type is expected to hold the largest share of the overall lithium ion battery market in 2016. The energy density of any LCO battery is very high, and the cost of manufacturing these batteries is fairly reasonable owing to the use of graphite carbon and cobalt. The market for lithium nickel manganese cobalt battery type is expected to grow at the highest rate between 2016 and 2022.

The combination of nickel and manganese gives the required accuracy and effectiveness. Separately, both of them are not very effective as nickel has high energy density but poor stability and manganese forms a spinel structure achieving low internal resistance but has a low energy density.

“Lithium ion battery market for lithium nickel manganese cobalt battery type expected to grow at the highest rate between 2016 and 2022”

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 market for 3000mAh to 10000mAh power capacity batteries expected to grow at the highest rate during the forecast period”

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.

“Consumer electronics industry expected to hold the largest share of the lithium ion battery market”

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.

“Europe expected to hold the second-largest share of the lithium ion battery market during the forecast period”

The automobile industry in Europe is strategic industry with the leanest production processes and optimized use of energy for manufacturing. Increasing market share of EV in Europe is prominently supporting the adoption of lithium ion batteries. Increasing funding from the government is supporting the adoption of lithium ion batteries in electric cars. GREENLION is a project funded by EU for manufacturing cheaper and dependable lithium ion batteries for electric cars. These are some of the factors contributing to the growth of the lithium ion battery market in Europe.

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.

Contact:
Mr. Rohan
Markets and Markets
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Magarpatta city, Hadapsar
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Email: sales@marketsandmarkets.com

Global Battery Energy Storage System Market expected to be worth 6.81 Billion USD by 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. 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.

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There is a growing market for battery energy storage system in residential, non-residential, and transportation application. The residential battery energy storage systems are gaining popularity owing to interest in the use of natural energy and as a power source at the time of emergency. Moreover, lithium-ion batteries are expected to become mainstream technology for residential battery energy storage systems as it supports cutting down the amount of power lost from AC-DC conversion.

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The battery energy storage system in non-residential application supports electricity bills savings, thereby reducing the peak hour demand. This factor is expected to drive the growth of non-residential sector of this market. Additionally, the increasing market of electric vehicles is supporting the growth of the battery energy storage system market for the transportation sector.

The transportation sector expected to lead the battery energy storage system market

The growing implementation of batteries in battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) is expected to support the growth of the BESS market. The implementation of battery types such as lithium-ion, Nickel-cadmium (NiCd), Nickel-metal hydride (NiMh), Li-ion polymer is driving the transportation application of the battery energy storage system market. The lithium-ion batteries gain huge traction as they provide high energy and power density in terms of volume and high charge/discharge efficiency and are more lightweight than other batteries such as lead-acid batteries. These factors are supporting the growth of battery energy storage system in transportation sector.

The residential sector expected to grow at a high rate between 2016 and 2022

The market for battery energy storage system for the residential sector is expected to grow at a high CAGR between 2016 and 2022. The residential segment use battery energy storage systems to provide power to houses. The renewable energy such as wind and solar generates power intermittently with high variable output. The ability of BESS to store this energy during peak production is driving the mass adoption of renewable energy in residential and commercial applications. All these factors are expected to drive the residential sector supporting the growth of the battery energy storage system market.

APAC expected to hold the largest market share by 2022

The battery energy storage system market in Asia-Pacific is expected to hold a large market share by 2022, growing at a high CAGR between 2016 and 2022. The installations of battery energy storage system in various countries in the APAC region such as China, India, and Japan are supporting the growth of the battery energy storage system market. Also, owing to the interest from the residential sector to use renewable resources and growing government support is expected to boost the growth in this region.

Companies involved in the development of battery energy storage system 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.).
This research report categorizes the global battery energy storage system market on the basis of battery type, connection type, ownership, revenue source, application, and geography. This report describes the drivers, restraints, opportunities, and challenges with respect to the battery energy storage system 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 battery energy storage system market. Brief information on the research methodology implemented for the report can be found in the report description provided on the website.

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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