Biometric System Market worth 32.73 Billion USD by 2022

According to the new market research report "Biometric System Market by Authentication Type (Single-Factor: (Fingerprint, IRIS, Palm Print, Face, Vein, Signature, Voice), Multi-Factor), Component (Hardware and Software), Function (Contact and Non-contact), Application, and Region - Global Forecast to 2022", The biometric system market size is expected to increase from USD 10.74 Billion in 2015 to USD 32.73 Billion by 2022, at a CAGR of 16.79% between 2016 and 2022.

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The future growth of the biometric system market is expected to be driven by rising use of biometric technology in financial institutes and healthcare sectors, government initiative in adoption of biometrics system, and increasing use of biometric systems in criminal identification.

Fingerprint recognition technology in the biometric system market held the largest market size for single factor authentication segment in 2015

Fingerprint recognition is one of the oldest, simple to install, and low-cost technology; therefore, it is more commonly used. In travel and immigration, fingerprint recognition technology is used in e-passports, e-visas, and driving licenses to authenticate an individual. In the consumer electronics industry, fingerprint recognition technology is used in laptops, computers, and smartphones, among others. Hence, fingerprint authentication finds numerous applications and is widely adopted by many industries.

Travel and immigration sector held the largest share of the biometric system market in 2015

Many governments have set some stringent rules and regulations in the travel and immigration sector to improve the overall security. Countries such as the U.S. and the U.K have passed some stringent laws. In the U.S., according to Enhanced Border Security and Visa Entry Reform Act of 2002, it is mandatory to use biometrics in visas. This factor would drive the growth of biometric system market in the travel and immigration sector. Moreover, countries such as Japan, Singapore, and the U.S. have deployed biometric systems in airports to improve the overall security.

North America held the largest share of the biometric system market in 2015

North America held the largest share of the biometric system market in 2015, followed by Europe and Asia-Pacific. The U.S. held the largest share of the biometric system market in North America owing to strong demand in government and security sector. The U.S. has made considerable investments in setting up biometrics-based security solutions at its borders and airports through its customs and border protection (CBP), a government agency to monitor the influx of immigrants and tourists. The United States citizenship and immigration services have made e-visa and e-passport mandatory for new applicants. All these developments have led to the growth of the biometric system market in North America.

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Major players in this market include Safran SA (France), NEC Corporation (Japan), 3M Cogent, Inc.(U.S.), Fujitsu Ltd. (Japan), BIO-Key International, Inc. (U.S.), Precise Biometrics AB (Sweden), Secunet Security Networks AG (Germany), Thales SA (France), Aware, Inc. (U.S.), Cognitec Systems GmbH (Germany), Cross Match Technologies (U.S.), Fulcrum Biometrics, LLC (U.S.), Daon, Inc. (U.S.), and Facebanx (U.K.).

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

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Supercapacitor Market worth 2.18 Billion USD by 2022

According to the new report "Supercapacitor Market by Type (Double Layer, Pseudocapacitor, and Hybrid), Application (Laptop, Camera, Power Backup, Memory, UPS, Aircraft, Solid-State Disc Drives) Vertical, and Geography - Global Forecast to 2022", the supercapacitor market is estimated to be valued at USD 568.2 million in 2015 and is expected to reach USD 2,181.2 Million by 2022 at a CAGR of 20.7 % between 2016 and 2022. Factors such as high storage capabilities, need of power conservation, high performance supercapacitors for consumer and automotive applications, and additional capabilities such as moisture resistant, light weight and low equivalent series resistance are the key drivers for supercapacitor market.
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Double layer capacitor held the largest market share in 2015 and is expected to exhibit high growth during the forecast period
Double layer capacitor is the major contributor of this market. The market for double layer capacitors is increasing rapidly. Its applications vary from portable electronics and medical devices to hefty hybrid and other transportation uses. Moreover, supercapacitor can also be used in other application such as memory, power backup, led signs, and renewable energy.
Automotive vertical expected to grow at the highest rate during the forecast period
Supercapacitors have extensive range of uses in automotive. The significance of supercapacitor is increasing owing to the growing implementation of automobiles that uses electrical systems to become more energy efficient. Battery uses more energy by losing kinetic energy while accelerating and decelerating the vehicle Thus, supercapacitors helps reduce energy usage for power break application in automotive industry use of traditional batteries in the automotive sector. The supercapacitors are used widely in the automotive for headlights, the climate control, and audio system.
APAC held the largest share of the supercapacitor market
The major tech companies such as Panasonic Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), and Nesscap Co., Ltd. (China), among others have been responsible for the dynamic growth of the supercapacitor market in APAC. China held the largest market share in APAC, in 2015. Additionally, its application in the consumer electronics and automotive vertical has fueled the market growth.
The market in APAC is expected to grow at the highest rate during the forecast period. The increasing number of businesses in APAC has increased the demand for supercapacitor.

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Major players operating in the supercapacitor market include Cap-XX Limited (Australia), Panasonic Corporation (Japan), Nesscap Energy Inc. (Canada), Murata Manufacturing Co., Ltd. (Japan), Maxwell Technologies, Inc. (U.S.), Axion Power International, Inc. (U.S.), AVX Corporation (U.S.), Graphene Laboratories, Inc. (U.S.), Nippon Chemi-Con Corporation (Japan), Mouser Electronics, Inc. (U.S.), and Evans Capacitor Company (U.S.).
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
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Real-Time Locating Systems (RTLS) Market worth 8.09 Billion USD by 2022

According to the new research report "Real-Time Locating Systems (RTLS) Market by Offering (Hardware, Software, and Service), Technology (RFID, W-Fi, UWB, BLE, Infrared), Application (Inventory & Asset - Tracking & Management), Vertical, and Geography - Global Forecast to 2022", the market is expected to grow from USD 1.42 Billion in 2015 to USD 8.09 Billion by 2022, at a CAGR of 24.5% between 2016 and 2022. The requirement for resource utilization and workflow optimization in several industries, rising market competitiveness, increasing technological advancements, and high return on investment are the major drivers for the RTLS market..

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Healthcare to hold the largest share of the RTLS market

Hospital operations have continuous flow (in- and out-flow) of people and equipment as a part of the workflow process. Several hospitals across the globe spend a large amount of money towards replacing lost equipment and looking after medical equipment and people both personnel and patients. These factors have led to a huge market opportunity for RTLS solutions to track and monitor assets and people to increase the efficient workflow and enhanced patient throughput. Early adoption of such solutions has driven RTLS market in the healthcare industry.

UWBBLE technology-based RTLS solution to achieve highest market growth

Ultra-wideband (UWB) and Bluetooth Low Energy (BLE)-based RTLS solutions are expected to grow at the highest rate during the forecast period. The solutions based on UWB technology have become extremely popular in many applications. The major reasons for this increasing popularity of the UWB in the RTLS market include advantages such as high precision, long battery life, high capacity, and fast update rates. The advantages of BLE technology such as low power consumption, low cost, and small size are fuelling its growth in the RTLS market.

North America to hold the major market share for RTLS market during the forecast period

North America, comprising the U.S., Canada, and Mexico, held the largest share of the RTLS market in 2015. The U.S. is a major contributor to the growth of the RTLs market in North America. The high growth of the market in North America can be attributed to the fast adoption of RTLS technology in healthcare sector, especially in the U.S. The presence of major RTLS players in U.S. is also a major factor for huge share of the RTLS market in North America. Given the large population in some of the developing economies such as India and China coupled with the thriving retail sector, the RTLS applications are expected to have many opportunities in the APAC region.

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The major players in the RTLS market are STANLEY Healthcare (U.S.), Zebra Technologies Corp. (U.S.), Ubisense Group PLC. (U.K.), IMPINJ, Inc. (U.S.), Savi Technology (U.S.), AiRISTA, LLC. (U.S.), CenTrak, Inc. (U.S.), Versus Technology, Inc. (U.S.), Identec Group AG (Liechtenstein), Redpine Signals, Inc. (U.S.), Decawave Ltd. (Ireland), Awarepoint Corp. (U.S.), and BeSpoon SAS. (France).

About MarketsandMarkets

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

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

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

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C4ISR Market worth 110.78 Billion USD by 2021

The report "C4ISR Market by Platform (Land, Naval, Airborne) Application (Command & Control, Communications, Computers, ISR, EW) Component (Networking Technologies, Communication Networks, Display Consoles, Software, EW Hardware) and Region - Forecast to 2021", The command, control, communications, computers, intelligence, surveillance & reconnaissance (C4ISR) market is estimated to be valued at USD 93.80 Billion in 2016, and is projected to reach USD 110.78 Billion by 2021, at a CAGR of 3.38% from 2016 to 2021. Increasing amount of data generated across C4ISR industry, along with growing demand for market and competitive intelligence, are the factors driving the growth of the C4ISR market.

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Land segment is anticipated to account for the largest market share

Land platform segment is projected to have the highest market share of C4ISR market, by platform. C4ISR systems for land forces include weapon systems, tools, and systems for force protection. Land-based systems integrate and interact with airborne and naval systems, which provide new possibilities to enhance tactical capabilities. All major companies are strongly focusing on communications part of C4ISR programs particularly for land applications. This enables communication for land operations; from soldier systems to battle group systems, from voice to data and image - wireless and wired, and also broadband communication capabilities via satellite. It also provides customer adapted systems with interoperability to other systems.

The communication network segment is projected to grow at the highest CAGR

The communication network segment of the C4ISR market, by component is anticipated to grow at the highest CAGR during the forecast period. Communication networks help connect among various components in the system. Various devices can be used for wired and wireless communication network such as fiber optics cables and satellite-based devices. The communication networks segment is expected to witness significant growth in near future owing to the various advancements in cyber security, wired, and wireless technologies.

Asia-Pacific region to witness highest CAGR in C4ISR market

The Asia-Pacific region is expected to experience extensive growth opportunities in the next few years. The increase in defense spending among countries in the APAC region has increased opportunities for C4ISR applications. The rise in conflicts among neighboring countries in the APAC region and the threats from growing terrorism in the region are reasons driving this market in the APAC region. With geopolitical tensions in South China Sea and border issues in multiple countries, procurement of C4ISR systems will increase across the region.

Key players profiled in the C4ISR market report include Lockheed Martin Corporation (U.S.), Raytheon Company (U.S.), Rockwell Collins, Inc. (U.S.), BAE Systems (U.K.), and Northrop Grumman Corporation (U.S.), among others.

Small Arms Market worth 4.92 Billion USD by 2020

The report "Small Arms Market by End User (Military, Law Enforcement, Hunting, Sports, Self-defense), Type (Pistol, Revolver, Rifle, Machine Gun, Shotgun), Caliber (5.56MM, 7.62MM, 9MM), Technology, Cutting Type, Firing Systems, & Region - Global Forecast to 2020", The small arms market is estimated to reach USD 4.92 Billion by 2020, at a CAGR of 3.8% from 2015 to 2020. This growth can be attributed to the rising commercial use of small arms, combined with the rising incidences of conflicts and terrorism, which are driving the demand for small arms among military forces and law enforcement agencies, globally.

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“Military segment dominates the small arms market, among end users”

The global small arms market is dominated by the military end-user segment, as of 2015, and is expected to continue its dominance till 2020. This dominance can be attributed to the rising conflicts, wars, cross-border disputes, and terrorism worldwide, driving military forces to procure more advanced and efficient small arms and weapons for their different operations. The shooting sports segment is projected to grow at the highest CAGR during the forecast period, owing to the increasing civilian participation in target shooting, rifle shooting, and so on.

“The rifle segment to grow the highest during the forecast period”

The small arms market has been segmented and analyzed in terms of types, namely, pistols, revolvers, rifles, machine guns, and shotguns, among others. The global market is dominated by the rifles segment and this segment is also projected to grow at the highest CAGR during the forecast period, primarily driven by the increasing civilian procurement of rifles for shooting sports, combined with increased procurement of sniper and assault rifles by military and law enforcement agencies, as part of their measures against terrorism, armed violence, and other combat operations.

“Asia-Pacific & the Middle East to be the opportunistic markets for small arms industry”

The Middle East and Asia-Pacific are expected to drive the growth of the global small arms market in the coming years, with the Asia-Pacific market projected to grow at the highest CAGR during the forecast period, 2015 to 2020. This rapid growth of the Asia-Pacific market can be attributed to the increasing manufacturing capacities, rising demand from defense forces for advanced weapon systems, combined with the increasing military expenditures of major economies of the region, and increasing civilian participation in shooting sports.

The major players in the small arms market have been identified as Orbital ATK (U.S.), Smith & Wesson Holding Corp. (U.S.), Sturm, Ruger, & Co., Inc. (U.S.), and Freedom Group (U.S.), among others.

The report segments and analyzes the small arms market on the basis of end user (military, law enforcement, hunting, sports, self-defense), type (pistol, revolver, rifle, machine gun, shotgun, others), technology (guided, unguided), caliber (5.56mm, 7.62mm, 9mm, 12.7mm, 14.5mm, Others), cutting type (smooth bore, threaded), firing systems (gas, recoil, manual) and maps these segments and subsegments across the top defense-spending countries of the world, including the U.S., China, Russia, Germany, France, India, Japan, and so on.

Small Arms Market worth 4.92 Billion USD by 2020

The report "Small Arms Market by End User (Military, Law Enforcement, Hunting, Sports, Self-defense), Type (Pistol, Revolver, Rifle, Machine Gun, Shotgun), Caliber (5.56MM, 7.62MM, 9MM), Technology, Cutting Type, Firing Systems, & Region - Global Forecast to 2020", The small arms market is estimated to reach USD 4.92 Billion by 2020, at a CAGR of 3.8% from 2015 to 2020. This growth can be attributed to the rising commercial use of small arms, combined with the rising incidences of conflicts and terrorism, which are driving the demand for small arms among military forces and law enforcement agencies, globally.

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Browse 156 tables and 157 figures spread through 225 Pages and in-depth TOC on "Small Arms Market - Global Forecast to 2020"
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“Military segment dominates the small arms market, among end users”

The global small arms market is dominated by the military end-user segment, as of 2015, and is expected to continue its dominance till 2020. This dominance can be attributed to the rising conflicts, wars, cross-border disputes, and terrorism worldwide, driving military forces to procure more advanced and efficient small arms and weapons for their different operations. The shooting sports segment is projected to grow at the highest CAGR during the forecast period, owing to the increasing civilian participation in target shooting, rifle shooting, and so on.

“The rifle segment to grow the highest during the forecast period”

The small arms market has been segmented and analyzed in terms of types, namely, pistols, revolvers, rifles, machine guns, and shotguns, among others. The global market is dominated by the rifles segment and this segment is also projected to grow at the highest CAGR during the forecast period, primarily driven by the increasing civilian procurement of rifles for shooting sports, combined with increased procurement of sniper and assault rifles by military and law enforcement agencies, as part of their measures against terrorism, armed violence, and other combat operations.

“Asia-Pacific & the Middle East to be the opportunistic markets for small arms industry”

The Middle East and Asia-Pacific are expected to drive the growth of the global small arms market in the coming years, with the Asia-Pacific market projected to grow at the highest CAGR during the forecast period, 2015 to 2020. This rapid growth of the Asia-Pacific market can be attributed to the increasing manufacturing capacities, rising demand from defense forces for advanced weapon systems, combined with the increasing military expenditures of major economies of the region, and increasing civilian participation in shooting sports.

The major players in the small arms market have been identified as Orbital ATK (U.S.), Smith & Wesson Holding Corp. (U.S.), Sturm, Ruger, & Co., Inc. (U.S.), and Freedom Group (U.S.), among others.

The report segments and analyzes the small arms market on the basis of end user (military, law enforcement, hunting, sports, self-defense), type (pistol, revolver, rifle, machine gun, shotgun, others), technology (guided, unguided), caliber (5.56mm, 7.62mm, 9mm, 12.7mm, 14.5mm, Others), cutting type (smooth bore, threaded), firing systems (gas, recoil, manual) and maps these segments and subsegments across the top defense-spending countries of the world, including the U.S., China, Russia, Germany, France, India, Japan, and so on.

Riot Control System Market worth 11.78 Billion USD by 2021

The report "Riot Control System Market by End User (Law Enforcement, Military), Product (Offensive Weapons, Defensive Weapons), Technology (Electromagnetic & Sonic Weapons, Kinetic Impact Weapons, Chemical Agents & Others) & Region - Global Forecast to 2021", The riot control system market is estimated to reach USD 11.78 Billion by 2021, at a CAGR of 5.4% between 2016 and 2021. This growth can be attributed to the increase in ethnic unrest, religious riots, political disputes, and violence against corrupted governments, globally.

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Law enforcement segment to dominate the riot control system market

Law enforcement plays a vital role in the protection of right to life, safety, and security of an individual. The increasing demand for riot control systems has resulted in growth of the law enforcement segment at a comparatively higher CAGR during the forecast period, primarily owing to huge investments by major players for the development of riot control system for applications including riot control, and cross border control, among others.

Directed energy weapons market projected to grow at the highest rate during the forecast period

Directed energy weapons is a subsegment of offensive weapons segment of the riot control system market. This market is projected to grow at the highest CAGR during the forecast period following advancement in technologies, such as active denial systems (ADS) or “pain ray”. These technologies are being developed in Asia-Pacific and the U.S. The demand for laser weapons has increased for controlling riots and cross border trespassing.

Asia-Pacific & the Middle East to be the opportunistic markets for riot control systems

The global riot control system market is dominated by North America, as of 2015, owing to technological advancement, and rising incidences of terrorism and civil unrest in the region. However, the Middle East and Asia-Pacific are expected to drive the global riot control system market in the coming years, with the Asia-Pacific market projected to grow at the highest CAGR during the forecast period. This rapid growth of the Asia-Pacific market can be attributed to innovative technology solutions for riot control systems and manufacturing them at the lowest possible cost. The Asia-Pacific market is driven mainly by increasing investments from China, South Korea, and India for the development of multifunctional riot control systems in military as well as for law enforcement applications.

The major players in this market have been identified to be Taser International Manufacturing Company (U.S.), Combined Systems Inc. (U.S.), The SAFARILAND Group (U.S.), and Condor Non-lethal Technologies (Brazil).