Semiconductor and Defense : Market Research : August 2018

Thursday, 30 August 2018

Battery Energy Storage System Market Between 2018 and 2023

The Battery Energy Storage System Market is estimated to grow from USD 1.98 Billion in 2018 to reach USD 8.54 Billion by 2023, at a CAGR of 33.9% between 2018 and 2023. The major factors driving the growth of the market include the increasing demand for grid-connected solutions, high demand for the lithium-ion technology in the renewable energy industry, and declining prices of lithium-ion batteries. However, the installation of battery energy storage systems in remote locations is one of the challenges for the players in the market.

Download Free PDF Sample @ https://www.marketsandmarkets.com/pdfdownload.asp?id=112809494

The market for flow batteries is expected to grow at the highest CAGR between 2018 and 2023. The flow batteries are considered safer than most commonly used lithium-ion batteries as they can resist higher temperatures and longer periods of idleness. Compared with lithium-ion batteries, vanadium redox flow batteries (VRB) are non-flammable and environment-friendly, have a long lifespan, and maintain 90% of their capacity over 20 years, resulting into the reduction of the total cost of ownership.

The market for on-grid connection is expected to grow at a higher CAGR between 2018 and 2023. The on-grid connections have lower upfront costs than the off-grid systems as the surplus energy is sent to the grid, which can be used later on the meter basis. The reduction in the energy bills for the customers relying on utility grid for electricity drives the growth of this market. The demand from renewable energies suppliers for grid modernization and new regulatory policies for the energy sector are driving the on-grid battery energy storage system market for utilities.

The market for the customer-owned battery energy storage system is expected to grow at the highest CAGR between 2018 and 2023. The increasing adoption of wind and solar power has led to the increase in the use of customer-owned battery energy storage technologies to store electricity. Also, the need to reduce carbon emissions is propelling the transformation of the electrical systems and driving the demand for intermittent sources of power such as wind and solar energy.

The market for residential application is expected to grow at the highest CAGR between 2018 and 2023. The battery energy storage systems have the ability to store energy during the peak production period, leading to less wastage of energy. This is driving their adoption in the residential applications, as the residential sector worldwide is driving toward the adoption of renewable energy sources for accomplishing the routine tasks. The major companies offering battery energy storage systems for the residential application are Samsung SDI and Tesla.

The battery energy storage system market in APAC is expected to grow at the highest CAGR between 2018 and 2023. APAC is gradually becoming a hub for the battery energy storage system industry, and the demand for these systems from China, India, and Japan is gradually increasing. In December 2017, Hyundai planned to build and install a 150 MW energy storage battery near Ulsan, at the southeast coast of South Korea. Hyundai plans to build its battery energy storage system, which will be ~50% bigger than Tesla's 129 MWh grid storage battery installed in South Australia. The government of South Australia has invested USD 113.6 million in November 2017 for 4 utility-scale energy storage projects, and one of these 4 has the battery energy storage system deployed in it. Such developments and investments are fostering the growth of the battery energy storage system market in APAC.

The major players operating in the battery energy storage system market are ABB (Switzerland), LG Chem (South Korea), NEC (Japan), Panasonic (Japan), Samsung SDI (South Korea), AEG Power Solutions (Netherlands), General Electric (US), Hitachi (Japan), Siemens (Germany), and Tesla (US).

About MarketsandMarkets™

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.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Thin Film and Printed Battery Market expected to be worth 1.25 Billion USD by 2022

According to the new market research report "Thin Film and Printed Battery Market by Voltage (Below 1.5V, 1.5V to 3V, above 3V), Chargeability (Rechargeable, Single Use), Application (Smart Packaging, Smart Card, Wearable Device, Consumer Electronic, Wireless Communication) - Global Forecast to 2022", the thin film and printed battery market is estimated to be worth USD 1.25 Billion by 2022, growing at a CAGR of 24.7% between 2016 and 2022. Factors driving the thin film and printed battery market include the rising need of thin film and printed battery solutions in healthcare industry, growing opportunities for mobile medical devices and wireless healthcare monitoring systems, and demand for ultra-thin printed battery solutions for next-generation smart textiles.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownload.asp?id=660

Printed batteries expected to grow at a faster rate than of the overall thin film and printed battery market during the forecast period. With growing need of new-generation smart textiles smart textiles in fitness and sports to monitor physical parameters such as heart rate and blood pressure are driving the need of printed battery market between 2016 and 2022. Thus, smart textiles require an ultra-thin printed battery solution to power these integrated sensor devices. The printed battery can be fixed into the design of smart textiles as it has advantages such as ultra-thin size and flexibility to complement their designs. Moreover, printed batteries also enables the medical device manufacturers to modify the structure of the device and enhance its efficiency by integrating thin film and printed power sources during product manufacturing.

Thin film and printed batteries with voltage rating below 1.5 V held the largest market share of in 2016. As smart cards require low-voltage batteries, most of the manufacturers are integrating below 1.5 V thin film and printed batteries for smart cards. Below 1.5 V thin film and printed batteries are mostly used in low power applications such as disposable medical patches, iontophoretic transdermal patches, wireless micro-sensors, promotional toys, and RFID tags. Moreover, printed battery is an ideal power solution for smart cards since it can resist heat during the lamination process, which is an important parameter for smart card manufacturers. Therefore, the integration of thin film and printed batteries in low power applications such as smart cards, medical patches, and toys is expected to increase significantly during the forecast period.

The market for the wearable devices application expected to grow at a faster rate in the thin film and printed battery market during the forecast period. Wearable devices application comprises smartwatches; fitness bands, smart glasses, smart textiles, smart rings and bracelets, and others require ultra-thin batteries to comply with the flexibility of the device. The integration of thin film and printed battery makes the product weigh less and enables it to be flexible enough to fit into any shape of the product. Wearable devices such as Fitbit combine the IoT with wearable accessories, blending fashion and function as they collect data. Moreover, smart textiles require ultra-thin flexible printed power source that can be integrated into the flexible design of the fabrics. Therefore, the demand for thin film and printed batteries is high for wearable devices applications

The APAC region is expected to be the fastest-growing region in the thin film and printed battery market. Increasing adoption of printed electronics in the APAC region is driving the requirement for thin film and printed batteries to comply with printed smart packaging products. Increasing demand for printed power sources would drive the thin film and printed battery market in APAC during the forecast period. Most of the smart card manufacturers in APAC are integrating thin film and printed batteries because of advantages such as more flexibility and ability of the battery to sustain rough handling, thereby driving the market growth. Furthermore, rising popularity of flexible consumer electronic devices and increasing demand for portable gadgets is expected to drive the market for thin film and printed batteries in the APAC region.

Less availability of printed ink materials and lack of standardization in the development of thin film and printed batteries are the major restraining factors for the growth of this market. As the suppliers of printed battery ink materials are limited, availability of printed ink materials is a major challenge for the battery manufacturers. However, printing ultra-thin ink mixture for battery components is also a difficult task to handle during the printing process.

Key market players of thin film include Panasonic Corporation (Japan), Samsung SDI Co., Ltd. (South Korea), STMicroelectronics N.V. (Switzerland), Ultralife Corporation (U.S.), and BrightVolt, Inc. (U.S.), and printed battery include Blue Spark Technologies, Inc. (U.S.), Jenax Inc. (South Korea), Enfucell Oy (Finland), Imprint Energy (U.S.), and Flexel LLC (U.S.).are focusing on new product launch and development, acquisition and collaboration, partnership and agreement strategies to enhance their product offerings and expand their business.

About MarketsandMarkets™

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.

Contact:
Mr. Shelly Singh
MarketsandMarkets™
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441

Industrial Valves See the Growth Factors, Trends, Analysis & Key Areas for Growth (Special Report)

The industrial valves market is highly competitive with the presence of many established and emerging players. This market is expected to grow at a CAGR of 3.6% during the forecast period.

The industrial valves market is expected to be valued at USD 84.30 Billion by 2023, growing at a CAGR of 3.6% between 2017 and 2023.

Download PDF Brochure:-https://www.marketsandmarkets.com/pdfdownload.asp?id=256097136

Product launches and acquisitions have been the key strategies adopted by the market players to grow in the industrial valves market. The strategy of product launches accounted for a share of ~37% while the acquisition strategy accounted for ~20% of the overall growth strategies adopted by the market players between January 2014 and March 2017.

The increasing concern for lead time and high cost of fabrication has encouraged the companies to adopt these strategies. Besides product launches and acquisitions, the companies have also adopted the strategies of partnerships, expansions, demonstrations, contracts, and exhibitions to expand their business operations, product portfolio, and distribution network as well as strengthen their position and share in this market.

The competitive landscape of the market presents an interesting picture where a large number of players have become a force to reckon with.

The key players in this market are AVK Holding (Denmark), Avcon Controls Private Limited (India), Cameron — Schlumberger (US), Crane Co. (US), Emerson (US), Flowserve (US), Forbes Marshall (India), IMI Plc. (UK), Metso (Europe), Neway Valves (China), Velan Inc. (Canada), Samson AG(Germany), Spirax Sarco (UK), and The Weir Group Plc. (UK).

Emerson Electric (US) is one of the leading manufacturers of industrial valves.

The company provides industry-specific engineering, consulting, project management, and maintenance services to industries such as alternative energy, chemical, food & beverages, industrial energy, life sciences, marine, metals & mining, oil & gas, power, pulp & paper, refining, and water treatment.

The company offers diversified industrial valves such as glove valves, angle valves, segmented ball valves, three-way valves, ball valves, eccentric plug valves, high-performance butterfly valves, and actuators.

Emerson has achieved a market leadership position in the industrial valves market by developing and deploying cutting-edge technologies and gaining outstanding customer support globally. In the fourth quarter of 2016, the company entered into an agreement to purchase Pentair’s Valves & Controls (UK) business unit for USD 3.15 Billion.

This acquisition helped Emerson to expand its business position and create new growth capabilities as well as deliver wide-ranging valve solutions to customers with the most extensive service network.

Flowserve Corporation (US) is one of the leading manufacturers of industrial valves in the world. Flowserve Corporation designs, manufactures, and distributes industrial flow management equipment and provides related services.

The Engineered Product Division (EPD) of Flowserve offers pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, and related equipment as well as offers related services.

Its Industrial Product Division (IPD) provides engineered and preconfigured industrial pumps and pump systems, including submersible motors and specialty products.

The company‘s Flow Control Division (FCD) offers industrial valves and automation solutions including isolation and control valves; actuation, controls, and related equipment; and energy management products, such as steam traps, boiler controls, and condensate, and energy recovery systems.

The company distributes its products through direct sales, distributors, and sales representatives worldwide. In May 2016, Flowserve Corporation launched forged Equiwedge gate valve, which has features such as increased wall thickness based on US standards, reduced weight according to the European standards.

This helped the valve to perform under challenging pressure and temperature conditions and also increased power plant productivity, profit margins by maximizing safety and reliability.

About MarketsandMarkets™

Contact:
Mr. Shelly singh
MarketsandMarkets™
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441

Monday, 27 August 2018

Attractive Opportunities in Reed Sensor Market

The overall reed sensor market is expected to grow from USD 1.49 billion in 2017 to USD 2.30 billion by 2023, at a CAGR of 7.40% from 2018 to 2023. Reed sensors offer several advantages, such as simple and reliable sensing and actuation capabilities; low cost and zero power requirement for operation; and safe to use in harsh industrial environments, which, in turn, help in the growth of the market. The reed sensor market is gaining traction with the emergence of new applications and technologies. These sensors are being used in many applications such as telecommunications, automotive and transportation, consumer electronics and appliances, safety and security, healthcare, construction, robotics and automation, and other applications. The base year considered for the study is 2017, and the forecast has been provided from 2018 to 2023.

• Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownload.asp?id=139248048

Market Dynamics

Drivers

Use of reed sensors in automotive industry
Reed sensor applications in home appliances, HVAC, and smart meters
Benefit of low operating power and capable of working in harsh environments

Restraints

Size of reed sensors

Opportunities

Use of reed sensors in emerging technologies

Challenges

Efficiency and reliability of reed sensors

Use of reed sensors in automotive industry drives global reed sensor market

A number of sensors are incorporated in a vehicle to ensure the smooth functioning of its various parts. Almost all areas of automotive interiors use reed sensors for reliable and safe operations. The low operating power and long life of reed sensors make it ideal for use in various applications in the automotive industry. For instance, reed sensors are used in automobile sun visors, early brake sensing, exhaust emission sensing, power windows, fuel cap position sensing, anti-lock braking system, coolant flow sensing, defective lamp detection, low fluid level monitoring, visual indicators of battery life, seatbelt lock sensing, accidental airbag deployment prevention, door sensors in cars, cruise control, and power steering, among others. Therefore, the ever-growing automotive industry drives the growth of the reed sensor market.

The following are the major Objectives of the Study.

To describe and forecast the reed sensor market, in terms of value, by type, contact position, and application
To describe and forecast the market, in terms of volume, by type and application
To describe and forecast the reed sensor market, in terms of value, by region Asia Pacific (APAC), Europe, North America, and Rest of the World (RoW), along with their respective countries
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and challenges)
To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To study the complete value chain of reed sensor
To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the reed sensor ecosystem
To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders
To analyze strategic approaches such as product launches, acquisitions, contracts, agreements, and partnerships in the reed sensor market

During this research study, major players operating in the reed sensor market in various regions have been identified, and their offerings, regional presence, and distribution channels have been analyzed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva, along with primary respondents. The entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) pertaining to the market. The figure below shows the breakdown of the primaries on the basis of the company type, designation, and region considered during the research study.

To know about the assumptions considered for the study, download the pdf brochure

The reed sensor market comprises a network of players involved in the research and product development, raw material supply, component manufacturing, distribution and sale, and post-sales services. Key players considered in the analysis of the reed sensor market are Littelfuse (US), HSI Sensing (US), RMCIP (Russia), Standex-Meder Electronics (US), PIC GmbH (Germany), Coto Technology (US), Pickering Electronics (UK), Aleph America (US), STG Germany GmbH (Germany), and Zhejiang Xurui Electronic (China).

Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=139248048

About MarketsandMarkets™

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 7500 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.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" 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.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Friday, 24 August 2018

Reed Sensor Market estimated to reach $2.30 billion by 2023

According to the new research report "Reed Sensor Market by Type, Contact Position (Form A, Form B, Form C), Application (Automotive & Transportation, Consumer Electronics & Appliances, Robotics & Automation, Safety & Security), and Geography - Global Forecast to 2023", the reed sensor market is expected to grow from USD 1.61 billion in 2018 to USD 2.30 billion by 2023, at a CAGR of 7.40% during the forecast period. The growth of this market is mainly driven by factors such as use of reed sensors in the automotive industry; application of reed sensors in home appliances, HVAC, and smart meters; and benefit of low operating power and capable of working in harsh environments.

Download PDF rochure:-
https://www.marketsandmarkets.com/pdfdownload.asp?id=139248048

Browse 66 market data Tables and 37 Figures spread through 122 Pages and in-depth TOC on "Reed Sensor Market"
https://www.marketsandmarkets.com/Market-Reports/reed-sensor-market-139248048.html
Early buyers will receive 10% customization on this report.

Dry reed sensors to hold largest share of reed sensor market by 2023

Dry reed sensors are expected to hold the largest share of the reed sensor market based on type, in terms of value, by 2023. The largest share of the sensors based on this technology is attributed to its features such as long life, contacts isolated from the environment, low operating power, low cost compared with other magnetic devices, and superior glass-to-metal seal. The dry-reed sensor is used for a wide range of applications such as automotive and transportation, security and safety, and consumer electronics and appliances.

Reed sensor market for robotics & automation application to grow at highest CAGR from 2018 to 2023

The reed sensor market for robotics and automation applications is expected to grow at the highest CAGR from 2018 to 2023. In the robotics and automation application, reed sensors are used in various parts such as robotic arm movement (pick and place), visual indication (alarm), liquid flow and level monitoring, inventory management systems, and machinery ignition systems. Reed sensors are used as proximity sensors to control robotic motion, conveyor speed, location, and angle. The increase in automation in the manufacturing field helps in the growth of the reed sensor market.

APAC to dominate reed sensor market during forecast period

The reed sensor market in APAC is expected to grow at the highest CAGR during the forecast period. The rise in disposable income in APAC countries has led to the increase in the demand for vehicles and consumer appliances, which, in turn, increased the growth of the reed sensor market in this region. The increasing penetration of reed sensors and the influx of global players, along with the emergence of native players, are contributing to the growth of the market. As a result, APAC holds a significant share of the overall reed sensor market.

Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=139248048

About MarketsandMarkets™

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 7500 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.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Global RF Power Semiconductor Market: Research Design

According to the MarketsandMarkets forecast, the RF power semiconductor market size, in terms of value, is expected to grow from USD 10.57 Billion in 2015 to USD 31.26 Billion by 2022, at a CAGR of 15.4% between 2016 and 2022. The rapid growth of the smartphone market, increased use of LTE, and increased use of RF power for lighting applications are factors that help drive the RF power semiconductor market.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownload.asp?id=79671536

The scope of this report covers the RF power semiconductor market on the basis of products, frequencies, materials, applications, and geography. The market is further segmented on the basis of geography into various countries. The consumer application is expected to hold the largest market share during the forecast period. The market for the aerospace & defense application is expected to grow at the highest rate during the forecast period owing to the increasing demand for RF power semiconductor devices in avionics and radar systems.

The RF power amplifiers held the largest share of the RF power semiconductor market in 2015. The RF power amplifiers have applications in sectors such as aerospace & defense, automotive, medical, telecommunication and data communication, consumer, and others. The other devices such as RF duplexers and RF switches are also expected to witness high growth in the RF power semiconductor market.

The RF power semiconductor market for the frequency band 10 GHz to 20 GHz is expected to hold the largest market size during the forecast period. Satellite communication is the major application for this range in the RF semiconductor market. This band is also used for fixed and broadcast services and for specific applications by the National Aeronautics and Space Administration (NASA) (U.S.). Furthermore, it is used for backhauls and for satellites from remote locations for editing and broadcasting to a TV network studio.

The RF power semiconductor market on the basis of materials was dominated by gallium arsenide. Gallium arsenide material has higher electron mobility than silicon. It is used on a large scale for monolithic microwave integrated circuit (MMIC) applications. The market for gallium nitride is expected to grow at the highest CAGR in the RF power semiconductor market.

The APAC region is expected to witness huge growth opportunities for the companies operating worldwide and it is the leading region in terms of market size in the worldwide RF power semiconductor market. The established electronics industry in the APAC region is the major driving factor for its growth in the global RF power semiconductor market. Furthermore, the low manufacturing and developing costs in APAC countries such as Taiwan, Malaysia, and China also propel the growth of the RF power semiconductor market in the region.

However, the RF power semiconductor market is a highly fragmented market, which reduces the price margin of the RF device suppliers. The increase in the cost of RF devices with performance improvement is another restraint for this market. The key players in the RF power semiconductor market include Infineon Technologies AG (Germany), M/A-COM Technology Solutions Holdings, Inc. (U.S.), NXP Semiconductors N.V. (Netherlands), Qorvo, Inc. (U.S.), Broadcom Limited (U.S.), Toshiba Corporation (Japan), Qualcomm Inc. (U.S.), Skyworks Solutions, Inc. (U.S.), Mitsubishi Electric Corporation (Japan), and Murata Manufacturing (Japan). These players adopted various strategies such as new product developments, mergers, partnerships, collaborations, and business expansion to cater to the needs of the RF power semiconductor market.

Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=79671536

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. Shelly Singh
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441

Tilt Sensor Market Expected to Have A Huge Growth Opportunity in APAC

The tilt sensor market was valued at USD 150.8 Million in 2016 and is expected to reach USD 260.3 Million by 2023, at a CAGR of 8.17% during the forecast period. The growth of this market is being propelled by the growing demand for these sensors, especially from the mining and construction, aerospace and defense, and automotive and transportation verticals.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownload.asp?id=206174195

Asia Pacific (APAC) held the largest size of the tilt sensor market in 2016, followed by North America and Europe. Japan accounted for the largest share of the tilt sensor market in APAC, followed by China. The leading position of the market in this region can be attributed to the high demand for these sensors due to the presence of a large number of end users such as mining and construction, aerospace and defense, and automotive and transportation companies.

The report covers the tilt sensor market on the basis of housing material type, technology, vertical, and geography. The said market is expected to be led by tilt sensors with nonmetal housing material during the forecast period. The growth of this market is being propelled by the high demand for tilt sensors with plastic housing material.

The mining and construction vertical accounted for the largest share of the overall tilt sensor market. These sensors are being used in a number of mining and construction equipment and machines such as drilling machines, mobile and stationary cranes, and structural monitoring systems. Hence, the mining and construction vertical has a dominant position in the market.

The tilt sensor based on MEMS technology is expected to witness a significant growth in this market during the forecast period. The small size and low cost of this sensor is the major factor leading to its high growth rate in the said market.

The tilt sensors based on force balance technology have a high accuracy level; however, these sensors are expensive than the tilt sensors based on other technologies such as MEMS and fluid filled. This is one of the major factors limiting the growth of the said market.

The major players operating in this market include TE Connectivity Ltd. (Switzerland), SICK AG (Germany), Murata Manufacturing Co., Ltd. (Japan), Pepperl+Fuchs Vertrieb GmbH & Co. KG (Germany), Level Developments Ltd. (UK), ifm electronic gmbh (Germany), Balluff GmbH (Germany), Jewell Instruments LLC (US), DIS Sensors bv (Netherlands) and The Fredericks Company (US).

Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=206174195

About MarketsandMarkets™

Contact:
Mr. Shelly SinghMarketsandMarkets™
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441

Smoke Detector Market by Power Source (Battery Powered, Hardwired With & without Battery Backup) worth $2.52 Billion by 2022

The smoke detector market is expected to grow from USD 1.31 Billion in 2015 to USD 2.52 Billion by 2022, at a CAGR of 9.2% between 2016 and 2022. The base year considered for the study is 2015 and the forecast period is between 2016 and 2022. The market is driven by factors such as increasing number of government mandate policies to install smoke detector in residential sector, increased fire related expenditure of various enterprises and rise in deaths & loss of properties, and technological advancements have created higher level application for smoke detector.

• Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownload.asp?id=162940771

The scope of this report covers the smoke detector market based on power source, product, service, end-user industry, and geography. The commercial sector held the largest size of the market in 2015, and is highly regulated sector for market. The smoke detectors installed in commercial space are regulated by EN54, UL268, CCCF and others.

The manufacturing sector is also growing significantly owing to the need to safeguard human lives and properties as well as to avoid production halt. There are many fire incidents which have not only caused deaths of many employees but have also damaged properties. The government and industrial associations are making it mandatory for manufacturers to install smoke alarms, which can cater to the needs of the manufacturing sector. The increase in the number of government mandate policies in developed economies to install smoke alarms at homes and rapid development in the residential construction across the world is attributing to the high growth of the smoke alarms market for the residential sector.

The market in Europe is expected to grow rapidly between 2016 and 2022. Under the influence of government mandate policies the countries in European region such Austria, France, and Germany are installing smoke detectors in their homes and is the main reason for the growth of smoke detector market in this region. Also, North America held for the largest market size in market in 2015. The high demand for smoke detectors from this region is mainly attributed to the rising number of fire deaths, especially in residential sector, along with the rise in residential construction in the key U.S. states such as Texas, Florida, and California.

Conversely, factors inhibiting the market growth are the high cost of replacing traditional detectors with smart detectors. The cost to install a smoke alarm varies according to the type and brand of smoke detector being used. But on an average, to install two smoke alarm in a home would cost around USD 110 and it may also cost higher. This restricts the customers to install or replace traditional detector with the new smart detectors. To address the issue, the vendors are developing retrofitting solutions for the customers and it costs as low as one-third of the cos of replacement.

Major players in this market are Hochiki Corporation (Japan), Honeywell International (U.S.), United Technologies Corporation (U.S.), Tyco (Ireland), Siemens AG (Germany), Johnson Control (U.S.), Robert Bosch (Germany), NEC Corporation (U.S.), Nest labs (U.S.), and Schneider Electric (France) among others. These players adopt various strategies such as partnerships, agreements, mergers and acquisitions, and new product developments to achieve growth in the global smoke detector market.

Study Coverage:

On the basis of power source, the market has been segmented into battery powered, hardwired with battery backup, and hardwired without battery backup. The product segment consists of photoelectric detector, ionization detector, dual sensor detector, and others. On the basis of service, the market has been segmented into engineering services, installation & design services, maintenance services, managed services, and others. The end-user segment includes commercial sector, residential sector, oil, gas & mining, telecommunication sector, transportation & logistics, manufacturing sector, and others. This global report gives a detailed view of the market across the four regions, namely, North America, Europe, Asia-Pacific, and Rest of the World which includes the Middle East and Africa and South America. The report profiles the 10 most promising players in the smoke detector market.

The competitive landscape of the market presents a very interesting picture, wherein the, component manufacturers, and system integrators in the value chain have come together and are majorly focused on the development of advanced and improved smoke detector.

Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=162940771

About MarketsandMarkets

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

Contact:
Mr. Shelly Singh
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441

Wednesday, 22 August 2018

Automated Passenger Counting and Information System - Market leaders & their stratergies

Automated passenger counting systems are used to count the number of boarding and alighting passengers on transit vehicles such as buses, trains, and ferry boats. Automated passenger counting systems help transit operators to analyze the traveling pattern of the passengers to schedule the route and time of the vehicle. It also helps to improve the transit services and operational efficiency of the service providers. The automated passenger counting system market was valued at USD 105.3 Million in 2016 and is expected to reach USD 298.0 Million by 2022, growing at a CAGR of 18.6% between 2017 and 2022.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownload.asp?id=17856390

The passenger information systems provide real-time information such as expected arrival and departure time, schedules, infotainment content, advertisements, and so on. PIS helps improve the traveling experience of passengers and the quality of the transit services, encouraging passengers to use these transit services. The passenger information system market was valued at USD 3.71 Billion in 2016 and is expected to reach USD 11.34 Billion by 2022, at a CAGR of 19.9% between 2017 and 2022.

The growth of the automated passenger counting and information system market is propelled by factors such as the advantages offered by APC to transit operators in optimizing operational cost, increasing demand for real-time transit information, rising adoption of advanced solutions in the transport sector, and government regulations such as requirement of ridership data from transit operators on a regular basis.

The key strategies adopted by major players in the automated passenger counting and information system market include agreements, contracts, collaborations, and partnerships. Companies such as Iris-GmbH (Germany), init innovation in traffic systems AG (Germany), Trapeze Group (Canada), Syncromatics Corp. (U.S.), Hitachi, Ltd. (Japan), Huawei Technology Co., Ltd. (China), and Siemens AG (Germany) are the major companies that adopted these strategies.

Iris GmbH (Germany) is one of the leading players in the automated passenger counting systems market. Iris-GmbH designs, develops, produces, and installs opto-electronic sensors in vehicles for passenger counting. The company uses the time-of-flight technology to develop devices. The IRMA series of devices produced by the company are widely used in the passenger counting market. In September 2016, the company added new features to its IRMA MATRIX, an advanced and revolutionary device which uses ToF technology for counting passengers with high accuracy.

In 2016, the company established a new office in Atlanta (U.S.) to serve the growing demand from the North American automated passenger counting system market.

HELLA Aglaia Mobile Vision GmbH (Germany) is one of the prominent players in the automated passenger counting system market, offering 3D sensing products for the transport industry. High accuracy, easy installation, and real-time data access are some of the features of the passenger counters offered by this company.

In September 2016, the company launched APS-R-PoE, an advanced passenger counter specially designed to meet the requirements of the railway industry. The device is capable of bi-directional counting, occupancy monitoring, internal data storage memory, and video recording for verification. The device uses 3D stereo vision technology for counting with over 98% accuracy.

The other companies involved in the automated passenger counting and information system market include 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).

Inquiry Before Buying:-
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=17856390

About MarketsandMarkets™

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Laser Processing Market : APAC expected to hold the largest share and witness highest growth

MarketsandMarkets forecasts the laser processing market to grow from USD 6.40 Billion in 2015 to USD 9.75 Billion by 2022, at a CAGR of 6.13% from 2016 to 2022. The major factors driving the growth of this market include diversified application areas of lasers, adoption of lasers for material processing, increased demand for high-quality and genuine end products, and miniaturization of electronic devices. In addition, the rising demand for laser processing systems in the medical sector is expected to propel the growth of the laser processing market in the next five years.

APAC is expected to hold the largest share of the global laser processing market during the forecast period. This is because of the increasing adoption of laser systems across multiple application areas in this region. APAC also offers potential growth opportunities for the laser processing market as there is a rise in the adoption of solid, gas, and liquid lasers mainly CO2, excimer, YAG, semiconductor, and dye in machine tools and microelectronics sectors. These sectors deploy laser systems to carry out cutting, drilling, welding, micro processing, and marking & engraving and other similar jobs frequently.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownload.asp?id=611

Some of the key players operating in the laser processing market are Coherent, Inc. (U.S.), IPG Photonics Corporation (U.S.), ROFIN-SINAR Technologies Inc. (U.S.), Trumpf Group (Germany), Newport Corporation (U.S.), Jenoptik AG (Germany), Eurolaser GmbH (Germany), Epilog Laser (U.S.), Alltec GmbH (Germany), and Lumentum Holdings Inc. (U.S.).

The scope of this report covers the laser processing market based on types, applications, verticals, and geography. The laser processing market for the architecture sector is expected to exhibit highest growth during the forecast period owing to the increasing demand for design study and restructuring. Apart from this, aerospace and defense is also expected to witness considerable growth during the forecast period as lasers are being used widely for targeting and in laser radar-based applications. Medical & life sciences, automotive, and microelectronics verticals are expected to play a key role in changing the laser processing landscape; the market for these sectors is expected to grow during the forecast period.

Solid lasers held the largest share of the global laser processing market in 2015. This is because they are used in areas such as drilling holes in metals, medical applications such as endoscopy, and in military for targeting. The market for solid lasers is mainly driven by the increasing adoption of fiber, YAG, and semiconductor lasers; wherein the market for fiber lasers is expected to be large during the forecast period.

Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=611

About MarketsandMarkets™

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

GIS Market: APAC expected to grow at the highest rate between 2017 and 2023

The geographic information system (GIS) market is expected to be worth USD 10.12 Billion by 2023, growing at a CAGR of 9.6% between 2017 and 2023. Development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and growing adoption of geospatial solutions in transportation are some of the major factors driving the growth of the market.

The high cost of geospatial solutions and geographic data collection barriers poses major restraining factors for the growth of this market. The market has been segmented on the basis of component, function, end user, and geography.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownload.asp?id=55818039

APAC is expected to be the fastest-growing market for GIS during the forecast period. In this region, geospatial technologies are being utilized for rural and agricultural development over the last decade. In APAC, companies engaged in engineering and construction, mining and manufacturing, insurance, and agriculture are implementing geospatial technologies to identify potential markets and are using geospatial information to make strategic decisions. Surveying and mapping technologies are widely used in APAC. In addition, the development of smart cities in China, India, and other Southeast Asian countries has driven demand for 3D GIS in this region.

Major players involved in the software market include Autodesk, Inc. (US), Bentley System, Incorporated (US), Environmental Systems Research Institute, Inc. (Esri) (US), General Electric Co. (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Topcon Corporation (Japan), and Trimble Inc. (US).

The hardware market was dominated by key players such as Hexagon AB (Sweden), Trimble Inc. (US), Topcon Corporation (Japan), Hi-Target Surveying Instrument Co., Ltd. (China), and Beijing Unistrong Science & Technology Co., Ltd. (China).

The other players in this market include Blue Marble Geographics (US), Caliper Corporation (US), Computer Aided Development Corporation Ltd. (Cadcorp) (UK), Geosoft Inc. (Canada), Handheld Group (Sweden), Harris Corporation (US), Hi-Target Surveying Instrument Co. Ltd. (China), MacDonald, Dettwiler and Associates Ltd. (Canada), PASCO CORPORATION (Japan), and SuperMap Software Co., Ltd. (China).

GIS collectors held the largest share of the overall market in 2016. GIS collectors are used for collecting data related to shop floors or fields. Data collection is a real time and event-oriented process carried out by construction professionals. GIS collectors derive data manually from a computer or directly from the place of their origin. The collectors allow construction professionals to carry out accurate measurements such as site reconnaissance, progress measurement, and site inspection. Moreover, collectors help in spatial analysis for manipulating, extracting, locating, and analyzing the geographic data. GIS collectors are widely adopted for capturing, storing, recovering, analyzing, and displaying spatial data. GIS collector is expected to dominate the market during the forecast period due to increasing demand for data capturing and mapping in agriculture, construction, and utilities.

Mapping function held the largest share of the overall geographic information system (GIS) market in 2016. The use of mapping technologies has been growing rapidly in construction, infrastructure, defense and security, transportation, agriculture, forestry, and environment. Urban planning and smart city development program in developing countries such as India and China have contributed to the market growth of mapping function of GIS. The market is driven by the adoption of airborne devices and LIDAR imagery for collecting and mapping the data. GIS software is becoming an essential tool for combining maps and other geospatial information as it provides functions and tools to store, retrieve, manage, display, and analyze all types of geographic and spatial data.

Inquiry Before Buying:
https://www.marketsandmarkets.com/pdfdownload.asp?id=55818039

About MarketsandMarkets™

Contact:
Mr. Shelly Singh
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441