How Covid-19 Impacting Smart Manufacturing Market

 COVID-19 Impact on Smart Manufacturing Market

Post COVID-19, the global smart manufacturing market size is estimated to grow from USD 181.3 billion in 2020 and projected to reach USD  220.4  billion by 2025, at a CAGR of 4.0%. The estimation for 2020 is down by ~16% as compared to pre-COVID-19 evaluation.

Factors that drive the growth of the smart manufacturing market include the increasing demand for smart manufacturing products & solution propelled by COVID-19, the importance of digital twin in maintaining operations within the manufacturing ecosystem, and the emerging & expanding role of collaborative robots in healthcare and manufacturing sectors.

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The digital twin segment is expected to show positive growth in smart manufacturing market, by enabling technology, throughout the forecast period

To maintain any operational activity, there has to be a physical interaction between humans and machines. There is another alternative method to support manufacturing operations by interacting with the virtual replica of the operating machines in the form of a digital twin. Many engineers believe that in manufacturing, the stage of maintenance, repair, and operations can be done by the utilization of digital twin technology. Post the pandemic, the digital twin market is expected to account for a higher market size 2020 compared to 2019. However, the post-COVID-19 market size in 2020 is less when compared to the pre-COVID-19 estimation for the same year. This is due to the shutdown of several companies, which are facing the cash flow crunch, and thus are not able to invest in newer projects. But manufacturing companies, which are producing essential items, are expected to create a moderate demand for digital twin in 2020 and 2021.

The manufacturing execution systems segment is expected to witness positive growth in smart manufacturing market, by information technology

Manufacturing execution systems (MES) offer companies the ability to monitor real-time production and the other operations of manufacturing plants. This greatly reduces the need for onsite, shop floor employees, thereby abiding by the lockdown and social distancing mandates to fight COVID-19. The ease of use and the ability to monitor operation activities from a safe distance gives thrust to the use of the manufacturing execution system as part of smart manufacturing. Because of this, the market for MES is expected to register a higher market size in 2020 as compared with 2019, post-COVID-19. However, post-COVID-19, the overall growth rate is expected to decline significantly for 2020 and 2025 when compared with growth estimated before COVID-19, which was double-digit%.

The aviation industry is expected to be most impacted by the COVID-19 in smart manufacturing market in 2020

The global aviation industry is way ahead in terms of the adoption of smart manufacturing solutions than any other sector. Some of the important smart manufacturing solutions adopted in this industry for developing aircraft components include software simulators, remote monitoring solutions, virtual reality solutions, and AI-based supply chain management systems. However, due to the rapid spread of COVID-19, companies such as Boeing, Airbus, Bombardier, and Embraer have either stopped or reduced aircraft production. This has created an adverse impact on the demand for smart manufacturing solutions used in the aviation industry. The aerospace & defense sector is expected to witness negative Y-o-Y growth for 2020 owing to the supply chain disruptions and restriction on travel caused by lockdowns in several countries across the world.

Some of the companies involved in the development of smart manufacturing solutions include 3D Systems (US ), CISCO (US), General Electric (US), Honeywell (US), IBM (Europe), Mitsubishi Corporation (Japan), Schneider (Europe), Siemens (Europe), Oracle (US), SAP (Europe), Yokogawa (Japan) and Stratasys (US).

Don’t miss out on business opportunities in COVID-19 Impact on Smart Manufacturing Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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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, "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.

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Opportunities and Challenges in Diameter Signaling Market

 According to the new market research report, "Diameter Signaling Market with CoVID-19 Impact by Offering (Hardware, Software & Solutions), Hardware Type (Process Systems, Analysis Systems), Connectivity Technology (3G, 4G, 5G), Applications, Standard Protocol and Region - Global Forecast to 2025" The diameter signaling market valued USD 1.1 billion in 2020 and is projected to reach USD 1.6 billion by 2025; expected to grow at a CAGR of 7.1% from 2020 and 2025. The factors that are driving the growth of the market includes increase in mobile data traffic due to rapid proliferation of smart connected devices, escalated need for Diameter signaling with emergence of new uses cases of LTE networks.

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Opportunities: Development of Connected Cars

The automotive sector has been adopting 4G/LTE services for both drivers and passengers in vehicles with Wi-Fi zones for the collection of telematics data. With this, the industry is demonstrating new uses of technology, with autonomous cars being the growing trend.

Several countries are utilizing in-vehicle navigation systems for toll applications. The emergence of autonomous and connected vehicles and rollout of 5G networks will further enable faster communication and lower latency, thereby leading to heavy network traffics.

Challenges: Security-related challenges posed by unified controlling of signaling protocols

Although advanced communication technologies have been evolved, and carriers and subscribers are switching from 3G to 4G and now to 5G networks, the issues faced by the SS7 protocols are also replicated in the Diameter protocols. The Diameter protocol showcases the same security issues as showcased by SS7, and hence, Diameter signaling products are also prone to same types of cyberattacks

“APAC to be the fastest-growing market for diameter signaling market from 2020 to 2025”

The market in APAC is expected to grow at the highest CAGR during the forecast period. The growth of the market during the forecast period is expected due to the adoption of new technologies and advancements in the networks. Also, the revenue of telecom service providers in APAC is likely to continue to increase with the rollout of 5G networks. The 5G network would play an integral role in the utilization of advanced technologies such as the Internet of Things (IoT) and machine-to-machine communication (M2M).

China is the biggest market in APAC for connected cars, and the telecommunication sector in this country is witnessing steady growth. Huge population and millions of mobile subscribers utilizing more content and data than ever before will further create the requirement for signaling devices

Major players included in the diameter signaling market are Huawei (China),Oracle(US), Ericsson (Sweden), Nokia (Finland), Cisco (US). The other key players in this market include companies such as Dialogic (US), BroadForward (Netherlands), Diametriq (US), and Sinch (Sweden) Syniverse Technologies (US).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 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.

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, "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.

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Commercial Touch Display Market | Opportunity and Challenge

 The report "Commercial Touch Display Market by Product (Monitors, Signage Displays, POS Terminals, Open Frame Touchscreen Displays, and Medical Displays), Touch Technology, Resolution, Application, Size, Aspect Ratio, Industry, and Geography - Global Forecast to 2025", size was valued at USD 4.3 billion in 2020 and is projected to reach USD 7.6 billion by 2025. It is expected to grow at a CAGR of 12.1% during the forecast period. High adoption of touchscreen displays in retail, hospitality, healthcare, and transportation verticals, dynamic nature of touchscreen displays leads to enhanced customer experience, and  rapid adoption of technologically advanced, energy-efficient, attractive, and high-end-specification display products are the key driving factors for the commercial touch display market.

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Opportunity:  Integration of artificial intelligence in touchscreen display devices

With rapid technological advancements, companies have started focusing more on providing a variety of additional features in touchscreen devices. Researchers associated with different companies focus on integrating new technologies in conventional touchscreen display devices, including kiosks, signage displays, medical devices, and outdoor touchscreens, to make them user-friendly and interactive. Artificial intelligence(AI) is one such technology that provides huge opportunities for the touchscreen display market to grow. AI-based touch screen devices can easily translate data from one language into other languages and capable of fetching user-specific data. Therefore, various companies focus on integrating AI in touchscreen display devices to witness accelerated demand for commercial touch display devices.

Challenge:Production of equipment that withstand all weather c onditions in outdoor applications

Touchscreen display devices used for outdoor applications have to be durable and should match environment conditions and requirements of the applications. They have to be adjustable in various lighting conditions with security glass having anti-reflective and ultraviolet(UV) filter so rcoatingtoguaranteeoptimalprotectionagainstsolarbeamsandmustalsoremainreadableinbrightsunlight. In case of supermarkets, they need to have high-end audio and video capabilities for promotional applications and should also be designed with anti-scratch coating so that it can be operated by untrained customers that are likely to use cards, keys, and other hard objects that could scratch the surface. Inregions with excessive snowfall or rainfall, interactive products need to have a fully ruggedized casing with standard powerful ventilation systems for protection against rain, dust, and very cold environments. Implementing such features would increase the product price and also the maintenance cost. Therefore, developing robust equipment is considered to be challenging for the commercial touch display providers.

North America to account for the largest share of the commercial touch display market by 2025

The North American commercial touch display market has witnessed significant advancements in the past few years. The commercial touch market in North America is driven by various Factors, such as the increased need for quick, high-accuracy services, better standard of living compared to other regions, and high efficiency in retail services. The retail sector in the region is moving toward a more solution-oriented approach. This has motivated manufacturers to come up with highly automated products. The favorable economic conditions prevailing in North America and the high demand for touch displays among customers have encouraged various end-user industries, involved in main stream automated operations, to carry out easy and quick point-of-sale (POS) services. The US accounts for the largest demand for commercial touch display-based products including monitors, signage displays, open frame touchscreen displays, and medical displays used in industries such as corporate, retail, BFSI, sports & entertainment, and education for advertisement, way-finding, and displaying information.

A few of the key players in the commercial touch display market are Samsung Electronics (South Korea), Leyard Optoelectronics (Planar) (China), LG Electronics (South Korea), Innolux Corporation (Taiwan), BOE Technology (China), Sharp (Foxconn) (Japan), NEC Corporation (Japan), Qisda Corp. (Taiwan), AU Optronics (Taiwan), and Panasonic (Japan).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 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.

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, "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.

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Which end users are expected to drive the growth of the GIS Market in the next 5 years?

 According to the new market research report on the "Geographic Information System Market by Offering (Hardware (GIS Collector, Total Station, LiDAR), Software, Services), Function (Mapping, Surveying, Telematics and Navigation, Location-Based Service), Industry, Region - Global Forecast to 2025", the global geographic information systems (GIS) market size is expected to grow from USD 8.1 billion in 2020 to USD 14.5 billion by 2025 at a CAGR of 12.4% from 2020 to 2025. A few key factors driving the growth of this market include the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and the adoption of GIS solutions in the transportation sector.

The market for the agriculture industry is expected to grow at the highest CAGR during the forecast period. The agriculture industry would have high growth opportunity for GIS in various applications such as livestock monitoring, crop management, and the monitoring and management of soil. Also, the new technological innovations in IoT sensors for crop monitoring will boost the growth of GIS market in agriculture sector.

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Geographic Information System (GIS) Market and Top End-user Industries

• Transportation − GIS is gaining traction in transportation applications such as transportation planning, highway maintenance, traffic modeling, accident analysis, and route planning. GIS helps transportation planners to store and analyze geospatial data, as well as the mapping of transportation features with a base map. GIS tools can be used in managing, planning and evaluating transportation management systems. Transportation has created an ever-increasing demand for GIS-based technologies. With the emergence of telematics and navigation applications, GIS is expected to play a vital role in the transportation sector. GIS is widely adopted in the transportation industry for applications such as highway and roadway management, real-time traffic data monitoring, railway route planning, and transportation modeling.
• Architecture, Engineering, and Construction − Architecture, engineering, and construction industry is a leading adopter industry of geospatial technologies. GIS plays an important role in the mapping and surveying of construction sites and serves as a complete platform for infrastructure development life cycle. The demand for civil infrastructure is expected to reach new levels with the increase in population, rapid urbanization, and economic expansion. The integration of GIS with computer-aided design (CAD) tools enables professionals to effectively aggregate geographic data for civil infrastructure development. GIS helps in the conversion of raster and vector data for BIM-specific applications. BIM uses the geospatial data to create an intelligent design model for civil infrastructure projects.
• Utilities − GIS-based utility mapping is used for the mapping and modeling of utility management systems. Utilities are using geospatial technologies to assist in the setup of smart grids, asset management, and identify the damage or connectivity issues in pipelines, as well as analyze underground electric wire damages. In the utility sector, GIS is widely used by electric, gas, and water and wastewater organizations for resource management. It is also used in environmental monitoring and disaster management applications. GIS is used for the mapping and monitoring of utility assets such as wastewater pipes, machinery, and others. Accurate location data is required for water and wastewater management. GIS technologies are gaining traction as these offer accurate data and are feasible to implement for utility asset management.
• Oil & Gas − Geographic information systems play an important role in the oil & gas industry. Crude oil and gas are now found in the deeper layers of the earth’s crust than before, and hence it is essential to use precise technologies such as GIS for oil and gas exploration, as well as for its appropriate utilization. In the oil & gas industry, GIS technologies such as satellite imagery and airborne remote sensing are widely used for oil and gas exploration, drilling oil wells, and pipeline management.
• Agriculture − Agricultural land mapping plays a vital role in the management of land resources. High-resolution geospatial images collected from remote sensing and land surveying technologies are used to map and analyze soil data to improve farming methods and procedures. The use of GIS helps farmers to manage their land resources efficiently. In addition, GIS technologies offer agricultural land cover mapping and the assessment of crop damage caused by natural disasters.

“APAC expected to grow at the highest rate between 2020 and 2025”

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

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

The other players in this market include Maxar Technologies Inc. (US), Hi-Target Surveying Instrument Co. Ltd. (China), TomTom International (Netherlands),SuperMap Software Co., Ltd (China), General Electric Co. (US), FARO Technologies, Inc. (US), L3Harris Technologies, Inc. (US), Takor Group Ltd. (Australia), Maptoss Technologies Pvt. Ltd. (India), Computer Aided Development Corporation Limited (UK), Blue Marble Geographics (US), and PASCO CORP. (Japan).

Don’t miss out on business opportunities in Geographic Information System Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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.

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, "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. Aashish Mehra
MarketsandMarkets™ INC.
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Suite 430
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USA : 1-888-600-6441

Geotechnical Instrumentation and Monitoring Market | Challenge: Negative impact of COVID-19 on construction engineering

 According to the new market research report "Geotechnical Instrumentation and Monitoring Market with Covid-19 Impact Analysis by Offering (Hardware & Software, and Services), Networking Technology (Wired, Wireless), Structure, Application, End User, and Geography - Global Forecast to 2025", The GTIM market is projected to reach USD 4.5 billion by 2025 from USD 2.9 billion in 2020; it is expected to grow at a CAGR of 9.2% from 2020 to 2025. Major drivers for the growth of the market are significant rise in infrastructure investments across various countries, use of geotechnical instrumentation to prevent failure of geotechnical structures and loss of lives, stringent government regulations to make structures more sustainable and safer, and growing awareness about benefits of GTIM tools. Opportunities in APAC and GCC countries, and investments in oil & gas and major energy projects is creating ample growth opportunities in the market.

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Challenge: Negative impact of COVID-19 on construction engineering

COVID-19 has turned into a global crisis, evolving at high speed and scale. No industry is immune to this crisis and engineering and construction are no exception. Contractors are at the forefront as they are service and product providers at the same time. COVID-19 affects both materials, and labor, the key cost components of construction projects, and by doing so, challenges on-going project delivery, companies’ liquidity, and whole business models.

The construction supply chain is highly impacted, generating project slippage and/or extra costs. Enhanced focus on worker safety and increased cost pressure could accelerate the move to offsite construction methods. The efficiency and controlled environment of factory production can help in leveraging labor costs and in optimizing project schedules. To increase competitiveness, engineering and construction companies should improve the balance between site work, engineers, and factory assembly.

Wirelss Networking technology segment to grow at a higher CAGR during the forecast period.

Wireless segment is expected to grow at a higher rate. The major advantages of geotechnical instruments are durability, economical pricing, and precise sensing. Wireless instruments have the great potential to expand their use in geotechnical engineering. The key idea behind the efficient performance of wireless instruments in critical structures, such as mines, is to connect all monitoring instruments to wireless systems and technologies that enable data to be collected and processed centrally.

The GTIM market in Americas projected to hold the largest share in 2025.

The GTIM market in the Americas is expected to grow at a significant rate owing to an increase in investments in infrastructural projects in the region. For instance, from 2009 to 2017, the US federal government and local government spent about USD 440 billion on infrastructure. In addition, countries such as the US and Canada are increasingly adopting geotechnical instrumentation and monitoring tools to ensure the safety and security of structures and their people.

Additionally, in the Americas, both government and private sectors are aggressively involved in large-scale infrastructure projects. For example, the Nevada Department of Transportation (NDOT) has constructed a 4-lane concrete interstate freeway between Silverline Road and Foothill Drive in Henderson. The government spent USD 83 million in this project. This is one of the many projects in the region. Such new infrastructure projects would upsurge the demand for geotechnical instrumentation and monitoring tools. Therefore, the rapid development of new infrastructures in the Americas is one of the major driving factors for the market growth in this region.

Fugro (Netherlands), Keller Group plc. (UK), Nova Metrix LLC (US), Geocomp Corporation (US), GEOKON (US), Sisgeo S.r.l (Italy), COWI A/S (Denmark), RST Instruments Ltd. (Canada), James Fisher and Sons plc (UK), and Deep Excavation LLC (US)are a few major players in the GTIM market.

Don’t miss out on business opportunities in Geotechnical Instrumentation and Monitoring Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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.

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, "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. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
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What are the factors responsible for the growth of the Lithium-Ion Battery Market?

 According to the new market research report "Lithium-Ion Battery Market by Type (Li-NMC, LFP, LCO, LTO), Power Capacity (0-3,000 mAh, 3,000 mAh-10,000 mAh, 10,000 mAh-60,000 mAh, above 60,000 mAh), Industry (Consumer Electronics, Automotive, Industrial), Voltage, Region – Global Forecast to 2025", is estimated to grow from USD 44.2 billion in 2020 to reach USD 94.4 billion by 2025 at a CAGR of 16.4%. The lithium-ion battery industry is likely to exhibit lucrative growth potential during the forecast period. Factors such as increasing demand for plug-in vehicles, growing need for automation & battery-operated material-handling equipment in industries, increasing demand for smart devices and other industrial goods, and high requirement of lithium-ion batteries for various industrial applications are driving the growth of the lithium-ion battery market.

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The growth of this market is likely to be driven by the excellent features of li-ion batteries, increasing adoption of consumer electronics, and growing R&D initiatives by different organizations & battery manufacturers. Moreover, an increase in demand for plug-in vehicles, rising demand for automation and battery-operated material-handling equipment industries, propelling demand for smart devices and other industrial goods, and high rerquirement of ithium-ion batteries fir industrial applications are other key driving factors.

Power capacity range of 3,000–10,000 mAh is expected to grow at the highest CAGR during the forecast period

Power capacity range of 3,000–10,000 mAh is expected to grow at the highest CAGR between 2020 and 2025. The market for this range is expected to grow at a high CAGR since it covers a majority of industries such as consumer electronics, electric vehicle, power tools, and aerospace & defense. This makes it more desirable in the near future for numerous applications. Its heavy power capacity makes it useful for industries such as electric vehicles and industrial uses. The increasing market for consumer electronics and smartphones has increased the need for batteries with high power capacity that can keep the device running for long hours and, at the same time giving an optimum experience of the device due to large screen and power back up service.

APAC held the largest size of the lithium-ion battery market during the forecast period

APAC held the largest size of the lithium-ion battery industry in 2018. APAC is home to a large number of semiconductor and electronics companies and the increasing trend to implement high power battery, and safety with low energy wastage are expected to open up new market opportunities for lithium-ion battery in APAC. China and India are the fastest-growing economies in the world.

Demand for lithium-ion batteries is very high in Asia Pacific owing to the ever-increasing population and its need for consumer electronics. The market in China is expected to grow mainly because of the huge number of lithium-ion battery manufacturing companies in China and Japan. A major share of lithium-ion batteries is manufactured in APAC—specifically in China, Japan, and South Korea.

Key players operating in the lithium-ion battery market include BYD Company (China), LG Chem (South Korea), Panasonic (Japan), Samsung SDI (South Korea), BAK Group (China), GS Yuasa Corporation (Japan), Hitachi (Japan), Johnson Controls (Ireland), Toshiba (Japan), Lithium Werks (The Netherlands), CALB (China), Saft Groupe, (France), VARTA Storage (Germany), Farasis Energy (California), and Sila Nanotechnologies (California).

Don’t miss out on business opportunities in Lithium-Ion Battery Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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.

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, "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. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Temperature Sensor Market | What are the current investment trends?

 According to the new research report, "Temperature Sensor Market by Product Type (Thermocouples, RTDs, Thermistors, Temperature Sensor ICs, Bimetallic, Infrared, and Fiber Optic Temperature Sensors), Output, End-user Industry, and Region – Global Forecast to 2027" is projected to grow from USD 6.3 billion in 2020 to USD 8.8 billion by 2027, recording a CAGR of 4.8%. The industry growth is driven mainly by increasing penetration of temperature sensors in advanced and portable healthcare equipment, growing demand for temperature sensors in the automotive sector, and rising adoption of home and building automation systems.

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“Contact type temperature sensor segment to hold the larger share in the temperature sensor market during the forecast period.”

The contact type temperature sensor segment is projected to hold larger share in the temperature sensor industry during the forecast period, owing to contact temperature sensors are widely used in industries such as chemicals, consumer electronics, oil & gas, energy & power, and automotive, because of their low cost, wide temperature ranges, and high accuracy. Contact type temperature sensor has been segmented further into thermocouples, resistive temperature detectors, thermistors, temperature sensor ICs, and bimetallic temperature sensors.

“The digital output segment to hold the larger share in the temperature sensor industry during the forecast period.”

The digital output segment is projected to hold a larger share in the temperature sensor market during the forecast period. Temperature sensors with digital output have several advantages over sensors with analog output and are especially suited for remote applications. Digital temperature sensors find use in medical, aerospace, test and measurement equipment, and industrial automation.

“The chemicals end-user industry segment to hold the largest share in the temperature sensor market during the forecast period.”

The chemicals end-user industry segment is projected to hold the largest share in the temperature sensor industry during the forecast period. Temperature sensors play an important role in the chemicals end-user industry. Processes such as refining, heat tracing, cracking, and incineration, and systems such as sanitary systems and piping systems use temperature sensors for temperature monitoring and control.

Expanding automobile & industrial manufacturing sector to drive the demand for temperature sensors in APAC during the forecast period

The temperature sensor market in APAC is projected to grow at the highest CAGR during the forecast period. China, India, South Korea, and Japan are the major contributors to the growth of the temperature sensor industry in APAC.

Expanding automobile and industrial manufacturing, in particular, is generating massive demand for temperature sensors. Also, robust demand for consumer equipment, including portable healthcare electronics and white goods, is expected to foster the demand for temperature sensors. Furthermore, the increasing adoption of automated technologies across diverse industries, especially in automotive and food & beverages, is likely to generate demand for temperature sensors in APAC. Other factors driving the temperature sensor market in APAC include escalating demand for temperature sensors from the overseas markets of North America and Europe.

Key players operating in the temperature sensor market include Honeywell (US), TE Connectivity (Switzerland), Texas Instruments (US), Endress+Hauser (Switzerland), Siemens (Germany), Texas Instruments (US), Dwyer Instruments (US), Maxim Integrated (US), WIKA Instrument (Germany), Amphenol (US), and Emerson (US). The majority of the companies focus on organic and inorganic growth strategies such as product launches and developments, mergers and acquisitions, agreements, contracts, partnerships, collaborations, and expansions to increase their revenue.

Don’t miss out on business opportunities in Temperature Sensor Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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.

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, "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.

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Flexible Battery Market | COVID-19 pandemic has negatively impacted the smart packaging application

 According to a new market research report "Flexible Battery Market with COVID-19 Update by Type (Thin-film, Printed), Voltage, Capacity, Rechargeability (Primary Batteries, Secondary Batteries), Application (Medical Devices, Smart Packaging), Region - Global Forecast to 2025", the flexible battery market is projected to grow from USD 98 million in 2020 to USD 296 million by 2025; it is expected to grow at a CAGR of 24.7% from 2020 to 2025. The flexible battery industry is likely to exhibit lucrative growth potential during the forecast period.

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COVID-19 pandemic has negatively impacted the smart packaging application segment of the flexible battery market.

Based on application, the smart packaging segment held the largest size of the flexible battery market in 2019. Flexible batteries are flexible and lightweight. They can be rolled without any loss of energy and are easy to dispose of. Thus, smart packaging manufacturers prefer flexible batteries over conventional batteries, which are bulky and rigid. Increasing adoption of micro batteries by smart packaging manufacturers is expected to drive the growth of the smart packaging segment of the market during the forecast period. However, COVID-19 pandemic has created a major disruption in the smart packaging sector. This, in turn, has affected the smart packaging market globally. Restrictions on the movement of laborers are likely to place increased pressure on supplies of products. Meanwhile, delayed shipments have also resulted in wastes generated from perishable products. All these factors have adversely affected the demand for smart labels and smart packaging sector. This, in turn, has negatively impacted the growth of the flexible battery market for smart packaging.

The flexible battery market in APAC is projected to grow at the highest CAGR during the forecast period.

Continuously increasing demand for IoT-enabled devices and portable consumer electronics in countries such as China, Japan, and South Korea is driving the growth of the flexible battery market in APAC. South Korea is home to companies such as LG Chem and Samsung SDI who have developed curved and flexible batteries to power their products such as smartphones, smart glasses, and wearable devices. In APAC, the popularity of smart packaging is continuously increasing, thereby driving the requirement of integrating flexible batteries with smart packaging.

The consumer electronics industry in China is also witnessing a decline in its production owing to the outbreak of COVID-19. The global prices of consumer electronics could rise in the coming months owing to the partial clamp down on manufacturing facilities in China. This, in turn, is expected to result in a shortage in the supply of components such as batteries required for consumer electronics, thereby negatively impacting the growth of the flexible battery market in 2020.

Key Market Players

Samsung SDI (South Korea), LG Chem (South Korea), Enfucell Oy Ltd. (Finland), Blue Spark Technologies (US), Apple, Inc. (US), Panasonic (Japan), Ultralife Corporation (US), BrightVolt (US), Imprint Energy (US), Energy Diagnostics (UK), and Jenax (South Korea) are key players operating in the flexible battery market.

Samsung SDI (US) is one of the global leaders in flexible battery technology. It seeks to expand its market presence and create a progressive future through technological developments. The company has launched 2 innovative series of small-sized lithium-ion batteries—band batteries and strip batteries— for use in wearable devices. These batteries bend like fiber. The band batteries are designed to add as much as 50% to the original battery life of devices. The strip batteries are designed with a depth of 0.3mm and can be used in wearable devices such as smart necklaces and interactive clothing designs. Samsung SDI has operations in countries such as South Korea, Malaysia, China, Mexico, Vietnam, Austria, Russia, the US, India, Taiwan, and Japan.

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.

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, "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.

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Non-volatile Memory Express (NVMe) Market | Healthcare vertical to grow at highest CAGR

 The report "Non-volatile Memory Express (NVMe) Market by Product (SSDs, Servers, All-flash Arrays, Adapters), Deployment Location (On-premise, Remote, Hybrid), Communication Standard (Ethernet, Fibre Channel, InfiniBand), Vertical, and Region - Global Forecast to 2025", is projected to grow from USD 44.6 billion in 2020 to USD 163.5 billion by 2025; it is expected to grow at a CAGR of 29.7% from 2020 to 2025. The major factors driving the growth of the market include the increasing adoption of NVMe technologies in SSDs, servers, and storage appliances; exponential rise in data generation and evolving demand for data storage and processing infrastructure; and significant performance advancements offered by NVMe. 

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All-flash arrays segment of NVMe market projected to grow at highest CAGR during forecast period

This growth is because of the increasing applications of NVMe-based all-flash arrays in enterprises and data centers. NVMe-based storage arrays use flash memory and get seamless support from drivers such as Windows 8, Linux kernel, and vSphere. These storage arrays also provide all the benefits of the NVMe interface, such as low latency, faster IOPS, faster read/write operations, etc.

InfiniBand expected to grow at second-highest CAGR during forecast period

InfiniBand is known for the rapid rate at which it performs. It is scalable and supports quality of service (QoS) and failover. It is majorly used as a server interconnect in high-performance computing (HPC) environments. The growing number of HPC applications and the use of IPv6, which enables unlimited expansions, drive the growth of InfiniBand as a communication standard. Therefore, this segment is projected to grow at the second-highest CAGR.

Healthcare vertical of NVMe market to grow at highest CAGR during forecast period

The need for NVMe-based data storage and solutions in the healthcare vertical is mostly due to the improvements in data analytics, adoption of wearable technology for health monitoring, and scientific research. Researchers in the healthcare industry need to analyze huge amounts of data. Storing, managing, and accessing a large amount of information requires high-speed data storage solutions. Similarly, data from patient records, including emails, back office, and tracking records, among others, require reliable, high-capacity data storage. NVMe-based storage, especially all-flash arrays, is expected to be adopted at a high rate because of their benefits such as enhanced performance with increased IOPS and low latency. The reduction in the average selling price of NVMe-based all-flash arrays is also driving its adoption.

North America held largest size of NVMe market in 2019

North America, being an early adopter of advanced data storage technologies, captures the largest share of the NVMe market, followed by Europe and APAC. Every industry in North America is being digitized and demands advanced data storage solutions. North America is a key market for notebooks, laptops, and tablets. The dynamics of computing have changed for the developers of notebooks, tablets, and laptops in this region, with more emphasis on saving the time of consumers by speeding up data transfer. Hence, there has been a strong push for using NVMe SSDs in these devices to save time, speed up data transfer, and achieve high performance levels. Moreover, the US is home to leading data storage companies such as Dell, NetApp, HPE, Hitachi, Western Digital, and Intel.

Key Market Players

Key players in the NVMe market include Samsung Electronics Co., Ltd. (Samsung) (South Korea), Western Digital Corporation (Western Digital) (US), Intel Corporation (Intel) (US), Dell EMC (US), and Hewlett Packard Enterprise (HPE) (US).

Intel is a leading player in the global NVMe market. It has adopted a virtuous cycle of growth, which enables the expansion of memory, cloud, data centers, and connected devices. The demand for data storage is increasing as a large number of components and devices are becoming increasingly connected to each other. This is being effectively addressed by the company’s advanced memory technologies and storage devices solutions. To be technologically competitive, the company invests mainly in R&D. For instance, in 2018, Intel invested approximately USD 13.5 billion in R&D. These R&D efforts help the company constantly upgrade and expand its portfolio of products and services, gain an edge over its competitors, and exploit new opportunities. In addition, Intel focuses on product launches as an effective strategy to expand its SSD business worldwide. For example, in February 2018, the company launched Intel SSD DC P4510 Series and P4511 Series for data center applications. In March 2018, the company launched the Intel Optane SSD 800P, which is available in the M.2 22890 form factor with NVMe PCIe 3.0 interface.

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.

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, "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.

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MarketsandMarkets™ INC.
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Who are the Top companies in Precision Forestry Market?

 According to the new market research report "Precision Forestry Market by Technology (CTL, Geospatial, Fire Detection), Application (Harvesting, Silviculture & Fire Management, Inventory & Logistics), Offering (Hardware, Software, Services), and Geography - Global Forecast to 2024", published by MarketsandMarkets, the precision forestry market was worth USD 3.9 billion in 2019 and is projected to reach USD 6.1 billion by 2024, at a CAGR of 9.0% from 2019 to 2024.

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The rapid growth of the precision forestry market can be attributed to the increasing forestry mechanization in emerging countries of Asia Pacific and Africa, rising construction activities, growing demand for timber from sawmills, decreasing cost of forestry mapping technologies, prevention of illegal logging & deforestation; and increasing government support towards digitalization of forest management. Precision forestry has the potential to transform the forestry industry by making traditional activities more efficient and economical. Also, government initiatives in many countries are helping foresters adopt advanced technologies and tools for site-specific management of the forest. The cost of precision forestry technology is expected to decrease in the next couple of years, mainly because of the declining prices of major hardware components, which is likely to contribute to the market’s growth.

Cut-to-Length technology expected to hold the largest market share during the forecast period

The increasing replacement of conventional forestry harvesting equipment—full length and tree length—with fully mechanized cut-to-length (CTL) harvesting technology, is the major factor driving the growth of this segment. Fully mechanized CTL-based harvesting technology has become widely accepted in the forestry industry. CTL can be used in extreme temperatures and boreal forests, particularly in Nordic countries. For instance, CTL-based harvesting technologies are used wherein 30% of the land is inclined. Further, it can also be used in plantations and peatlands. Currently, more than 90% of logging in Sweden and Finland is carried out by CTL-based harvesting technology.

Harvesting application accounted for the largest share of precision forestry market in 2018

The growth of the harvesting application segment can be attributed to the increasing adoption of CTL-based harvesting technology. Further, the growing demand for industrial round wood across the world is expected to fuel the growth of this market. Fully mechanized CTL based harvesting is being used widely by the forest industry in temperate and boreal forests, particularly in Nordic countries. Currently, more than 90% of logging in Sweden and Finland is carried out by harvester forwarder systems, popularly known as cut-to-length (CTL).

“Americas expected to account for the largest market share from 2019 to 2024.”

The Americas accounted for the largest share of the global precision forestry market in 2018, owing to the high mechanization level of forestry operations in the US and Canada. The presence of extensive forests and the increasing demand for industrial round wood and its related products are the major factors driving the growth of precision forestry technology in this region. Increasing replacement of old forestry harvesters with more advanced and sophisticated CTL-based ones in the US and Canada is expected to create additional demand for forestry technology in this region.

Key Market Players

Key players in the precision forestry market include Deere & Company (US), Trimble (US), Raven Industries (US), Tigercat (Canada), Ponsse (Finland), Komatsu Forest AB (Sweden), Caterpillar (US), Treemetrics (Ireland), Rottne Industri AB (Sweden), Ecolog (Sweden), Sampo Rosenlew (Finland), Quantum Spatial (US), Hitachi Construction Machinery (Japan), Doosan Infracore (South Korea), Blount International (US), Integrated Forest Management (US), Silvere (Finland), DroneSeed (US), Insight Robotics (Hong Kong), Treevia Forest Technologies (Brazil), and Aerobotics (South Africa). Major players in the precision forestry market have adopted strategies such as agreements, product launches, mergers & acquisitions, and partnerships to grow in the market.

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.

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, "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. Aashish Mehra
MarketsandMarkets™ INC.
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USA : 1-888-600-6441

Who are the Major Companies in GPON Market?

 The report "GPON Market by Component (OLT, and ONT), Technology (2.5G PON, XG-PON, XGS-PON, and NG-PON2), Application (FTTH, Mobile Backhaul), Vertical (Transportation, Telecom, Healthcare, Energy & Utilities, MTU), Region - Global Forecast To 2025" size is estimated to grow from USD 6.3 billion in 2020 to USD 8.3 billion by 2025, at a CAGR of 5.8%. Major factors fueling the market growth include the high demand for GPON network for triple and quad-play services, increasing demand for high-speed broadband services, advancement in GPON technology, and trial & deployment of the 5G network.

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Asia Pacific to be the largest market GPON during the forecast period

The GPON market in Asia Pacific has been segmented further based on the countries into China, Japan, Republic of Korea, Indonesia, Thailand, Taiwan, and Rest of Asia-Pacific. Matured GPON industry, government spending on infrastructure, and widespread deployment of next-generation GPON networks are major factors fuelling the growth of the market in this region.

Key Market Players

As of 2019, Huawei (China), Nokia (Finland), ZTE (China), FiberHome (China), DASAN Zhone (US), Calix (US), and ADTRAN (US) dominated the global GPON market.

Huawei holds the leading position in the GPON market as it has the most comprehensive array of OLT and ONT products that support GPON and 10G-PON technologies. Huawei’s GPON OLT and ONT products are the most popular GPON products in the market, primarily because of their superior quality and brand value. Huawei’s worldwide presence has enabled it to lead the global market and participate in the drafting of international standards for GPON. This, coupled with the commercial launch of XGS-PON, has enabled Huawei to gain the first-mover advantage in the 10 Gbps downlink range. Along with organic strategies, Huawei has adopted the inorganic strategy of collaboration; for instance, it collaborated with TIME dotCom jointly to build a pilot 10G-PON, aiming to provide gigabit ultra-broadband for fixed access users in Malaysia.

GPON solutions provided by Nokia include high-capacity PONs for cable operators, fixed networks for mobile transport, universal next-generation PONs, passive optical LAN, and ONT Easy Start. Nokia is considered to have the highest brand value in the market, primarily because of its strong presence in the networking market. Moreover, the acquisition of Alcatel-Lucent has helped its technological innovation in GPON. This is expected to be a key factor driving the growth of this company. Nokia is the second-largest player in the GPON market. It is further cementing its position in the market by entering into agreements to test its GPON products.

Other companies involved in the GPON market are ZTE (China), FiberHome (China), DASAN Zhone (US), Calix (US), ADTRAN (US), CISCO (US), NEC (Japan), Allied Telesis (Japan), Iskratel (Slovenia), Unizyx (China), and Alphion (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 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.

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, "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:
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Commercial Touch Display Market expected to be worth $7.6 billion by 2025

 The report "Commercial Touch Display Market by Product (Monitors, Signage Displays, POS Terminals, Open Frame Touchscreen Displays, and Medical Displays), Touch Technology, Resolution, Application, Size, Aspect Ratio, Industry, and Geography - Global Forecast to 2025", size was valued at USD 4.3 billion in 2020 and is projected to reach USD 7.6 billion by 2025. It is expected to grow at a CAGR of 12.1% during the forecast period. High adoption of touchscreen displays in retail, hospitality, healthcare, and transportation verticals, dynamic nature of touchscreen displays leads to enhanced customer experience, and  rapid adoption of technologically advanced, energy-efficient, attractive, and high-end-specification display products are the key driving factors for the commercial touch display market.

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Open frame touchscreen to account for the largest share of the commercial touch display market

Open frame touchscreen displays accounted for the largest share of the commercial touch display market in 2019, and a similar trendis likely to be observed in the coming years owing to the high demand for these products to install at several places, such as retail stores, airports, hospitals, school campuses, government offices, and entertainment places. These displays are used for various functions, such as ticketing,food vending, cash dispensing,and check-in. Due to rapid advancements in technology, companies focus on developing innovative products with a variety of additional features. Researchers associated with different companies are focusing on integrating new technologies in conventional open frame touchscreen displays to make them user-friendly and interactive. Artificial intelligence (AI) is one such technology that provides huge opportunities for the market to grow.

Infrared touch technology to witness a higher CAGR during the forecast period.

Infrared (IR) technology – based touch screens are expected to witness the highest growth rates during forecast period owing to their highest image clarity, as well as light transmission capability, exceptional level of strength and durability. These displays can also be used with a bare finger, gloved finger, and stylus. Infrared touch screen devices are protected against scratches, finger prints, and other forms of minor damage. This makes it particularly beneficial when used to produce large touchscreen displays, along with medium-sized displays of size ranging from 32–65 inches.

North America to account for the largest share of the commercial touch display market by 2025

The North American commercial touch display market has witnessed significant advancements in the past few years. The commercial touch market in North America is driven by various Factors, such as the increased need for quick, high-accuracy services, better standard of living compared to other regions, and high efficiency in retail services. The retail sector in the region is moving toward a more solution-oriented approach. This has motivated manufacturers to come up with highly automated products. The favorable economic conditions prevailing in North America and the high demand for touch displays among customers have encouraged various end-user industries, involved in main stream automated operations, to carry out easy and quick point-of-sale (POS) services. The US accounts for the largest demand for commercial touch display-based products including monitors, signage displays, open frame touchscreen displays, and medical displays used in industries such as corporate, retail, BFSI, sports & entertainment, and education for advertisement, way-finding, and displaying information.

A few of the key players in the commercial touch display market are Samsung Electronics (South Korea), Leyard Optoelectronics (Planar) (China), LG Electronics (South Korea), Innolux Corporation (Taiwan), BOE Technology (China), Sharp (Foxconn) (Japan), NEC Corporation (Japan), Qisda Corp. (Taiwan), AU Optronics (Taiwan), and Panasonic (Japan).

Don’t miss out on business opportunities in Commercial Touch Display Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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.

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, "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. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Who are the Top Companies in RF Semiconductor Market?

 According to the new market research report "RF Semiconductor Market by Device (Filter, Power Amplifier, Switch, Low Noise Amplifier), Frequency Band, Material (GaAs, GaN, Si) Application (Consumer Devices, Automotive, Telecommunication, Aerospace & Defense), and Region - Global Forecast to 2025", The global RF semiconductor market size is expected to grow from USD 17.4 billion in 2020 to USD 26.2 billion by 2025, at a CAGR of 8.5%. The growing penetration of LTE and advanced technologies has resulted in the increased demand for RF semiconductors. Other drivers for the RF semiconductor industry growth include the increasing demand for RF devices for smartphones and the growing importance of advanced RF devices in radar and electronic warfare systems.

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APAC is expected to dominate the RF semiconductor market during the forecast period

APAC is likely to continue to lead the global RF semiconductor industry from 2020–2025. The growing penetration of LTE and 5G technology in the region, along with the strong demand for RF semiconductors from consumer devices application, is expected to drive the RF semiconductor market in APAC.

China is expected to hold the largest market share and is likely to witness the highest CAGR in the RF semiconductor market during 2019–2025. China has a considerable demand for smartphones, wearable devices, and other connecting devices. China’s five-year-plan for the year 2016-2020 and initiatives such as Made in China 2025 have identified 5G as a strategic emerging industry. The Ministry of Industry and Information Technology in China announced in December 2019 that 5G coverage for all prefecture-level cities is expected to rolled-out by the end of 2020. This is expected to provide a significant boost to the RF semiconductor market in China.

Key Market Players

Major companies in the global RF semiconductor market are Qorvo (US), Skyworks (US), Analog Devices (US), Qualcomm (US), NXP Semiconductors (Netherlands), Cree (US), MACOM (US), Microchip Technology (US), Murata Manufacturing (Japan), Texas Instruments (US), Maxim Integrated (US), Mercury Systems (US), ON Semiconductor (US), RFHIC (South Korea), RichWave (Taiwan), STMicroelectronics (Switzerland), Sumitomo Electric Drives Innovations (Japan), TDK Electronics (Germany), Teledyne (US), Mitsubishi Electric (Japan), and Toshiba (Japan).

Qorvo is among the leading suppliers of RF solutions with broad product portfolio serving applications such as defense, base station, Wi-Fi customer premises equipment, automotive, and smart home IoT. The company is a major supplier of GaN-based products to the global defense and aerospace serving the US government through contracts with the Defense Advanced Research Project Agency, the Air Force Research Laboratory, and the Office of Naval Research. The company is also helping the industry with the ongoing 5G field trials with its current product portfolio. Qorvo has widespread presence across the world with engineering and manufacturing facilities located in North America, Europe, and Asia. It also has global sales and engineering support network to serve its customers efficiently. The company is developing and investing in GaN process technologies for manufacturing new GaN-based products exploiting GaN’s performance advantages.

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.

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, "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. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441