Wednesday, 5 September 2018

Supercapacitor Expected to Exhibit High Growth During the Forecast Period worth 2.18 Billion USD by 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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Browse 74 market data tables and 58 figures spread through 162 pages and in-depth TOC on “Supercapacitor Market - Global Forecast to 2022”

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.).

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Market for Portable Indoor Monitor to Grow at the Highest Rate During the Forecast Period worth 4.63 Billion USD by 2022

According to the new market research report "Indoor Air Quality Monitor Market by Product (Fixed, and Portable Indoor Monitor), Pollutant Type (Chemical, Physical, and Biological), End–User Application (Government Buildings, Industrial, Commercial, Residential) - Global Forecast to 2022", the market is expected to grow from USD 2.52 Billion in 2015 to USD 4.63 Billion by 2022, at a CAGR of 9.22% between 2016 and 2022. The rising demand for indoor air quality monitoring products is due to the increasing adoption of smart home & green-building technologies, growing consumer preference for pollution-free indoor environments, and development and commercialization of innovative wearable air-quality monitoring devices.

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Browse 65 market data tables and 79 figures spread through 186 pages and in-depth TOC on “Indoor Air Quality Monitor Market - Global Forecast to 2022”

Market for portable indoor monitor to grow at the highest rate during the forecast period

On the basis of product, the global air indoor quality monitor market has been segmented into fixed and portable indoor monitors. The market for portable indoor monitors is expected to grow at the highest rate during the forecast period. The market growth can be attributed to the increasing adoption of smart homes and green-building technologies (including effective ventilation, air quality monitoring and control, and indoor dust & gas level management) and growing consumer preference for healthy and pollution-free indoor environments.

Chemical pollutant held the largest share of the indoor air quality monitor market in 2015

Chemical pollutants accounted for the largest share of the global indoor air quality monitor market in 2015. This can be attributed to factors such as the increasing number of stringent government regulations for effective monitoring and control of industrial exhausts, growing public concerns about the health implications of air pollution, and ongoing development and commercialization of innovative gas and chemical detection sensors.

Government buildings held the largest share of the indoor air quality monitor market in 2015

Government buildings accounted for the largest share of the overall indoor air quality monitor market in 2015. This can be attributed to the increasing focus of governments toward green buildings and growing health concerns due to rising air pollution. The governments in the countries such as the U.S., the U.K., and China, among others, have made stringent regulations for air pollution monitoring and have released funding for installing air quality monitors within their premises for continuous monitoring.

North America to hold the largest size of the indoor air quality monitor market during the forecast period

North America (comprising the U.S., Canada, and Mexico) is expected to hold the largest size of the indoor air quality monitor market during the forecast period. North America is a mature market, with the high penetration of advanced pollution monitoring technologies and the presence of well-established distribution channels for the supply of indoor air quality monitoring products. The U.S. is expected to dominate the market in this region in 2016. The market growth in the U.S. can be attributed to the significantly large end-user base for industrial and indoor air pollution monitoring products in the country compared to Canada. The major factors driving the growth of the market in the U.S. include significant public-private funding and investments to support air pollution monitoring-based researches and ongoing technological advancements in the field of gas analyzers and particulate sensors.

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The major players operating in this market include Thermo Fisher Scientific, Inc. (U.S.), Siemens AG (Germany), Emerson Electric Co. (U.S.), 3M Company (U.S.), TSI, Inc. (U.S.), Ingersoll Rand Plc. (Ireland), HORIBA, Ltd. (Japan), Testo AG (Germany), Aeroqual (U.S.), and Nest Labs Inc. (U.S.), among others.

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Friday, 31 August 2018

Industrial PC Market for Capacitive Touchscreen Technology-based IPCs likely to Grow at a High Rate in the Coming Years

"Industrial PCs Market have applications in various industriee the manufacturing firms focus on improving the quality of process inputs and on consistency and efficiency to achieve optimum yield. Industrial PCs optimize manufacturing processes in real time and assist in achieving greater yields, ensuring product quality on a regular basis. Due to the continuously evolving manufacturing landscape, the manufacturing plants are required to be highly flexible, productive, and efficient. These factors are driving the adoption of industrial PCs in the discrete industries.

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Browse 70 market data tables and 83 figures spread through 176 pages and in-depth TOC on “Industrial PC Market - Global Forecast to 2022"

The growth in this market can be attributed to the increasing penetration of IoT across manufacturing industries, high R&D investments by the manufacturing companies to promote the adoption of industrial PCs, rising demand for energy-efficient manufacturing operations, and growing emphasis on regulatory compliances.

“Industrial PC market for solid state data storage medium to grow at a high rate between 2016 and 2022”

Solid-state is robust data storage medium for handling shocks and vibrations in manufacturing plants. It provides high-speed data access. Apart from providing consistent and faster input/output times, solid-state data storage medium offers similar levels of endurance and data integrity as other electronic devices; hence, require lesser cooling and power than its electromechanical equivalents.

“Direct sales considered as the most preferred sales channel and likely to continue its dominance during the forecast period”

The direct sales channels offer various advantages to the industrial PC manufacturers; they cater to the customization requirements of the end-user industries and eliminate resellers’ markup and the costs and risks associated with carrying large finished goods inventories. Due to these factors, the market for direct sales channels is expected to grow at a high rate during the forecast period.
Industrial PC Market

Advantech Co., Ltd. is a global leader in designing, manufacturing, and selling automated test systems and computer testing equipment. It has a strong position and brand image in the industrial PC market. Industrial computers contributed more than 20% to the company’s overall revenue in 2015. The company focuses on developing new products. For instance, in November 2016, the company launched the PPC-6151C, the first configurable panel PC available in the market.

Siemens AG’s industrial PCs deliver overall component integration, while ensuring maximum quality and production optimization across all manufacturing facilities. For instance, in November 2016, Siemens launched the new Simatic panel PCs and Simatic flat-panel monitors. These two products comprise a 16:9 widescreen format, meant for multi-touch applications. The new versions of Simatic Panel PC IPC277E with 15- and 19-inch displays, which have practical functions and provide protection against operating errors, are particularly designed for industrial applications.

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“North America to dominate the industrial PC market between 2016 and 2022”

The major players operating in the industrial PC market include Advantech Co., Ltd. (Taiwan), Beckhoff Automation GmbH & Co., KG (Germany), General Electric Co. (U.S.). Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), OMRON Corporation(Japan), Panasonic Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric (France), and Siemens AG (Germany).

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Market for Cloud-Based HMI to Grow at the Highest rate During the Forecast Period Human Machine Interface Market

The growth of "Human Machine Interface Market is propelled by increasing adoption of industrial automation equipment in the manufacturing sector, evolution of industrial internet of things (IIoT) and rising demand for smart automation solution, and growing need of efficiency and monitoring in the manufacturing plant.

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Browse 74 market data tables and 86 figures spread through 174 pages and in-depth TOC on “Human Machine Interface Market (HMI) - Global Forecast to 2022”

The market for embedded HMI solution is expected to grow at a higher CAGR during the forecast period. Growing technological developments, increasing need of integrated systems, and ease in machine-to-machine (M2M) communication are some of the prominent factors expected to encourage the adoption of embedded HMI solutions during the forecast period.

“Market for cloud-based HMI to grow at the highest rate between 2016 and 2022”

The cloud-based HMIs are gaining popularity owing to the growing IIoT market and increasing demand for new technology by end-user industries. Furthermore, the cloud-based HMIs are being increasingly adopted as it provides better visibility and competitive edge over others. In cloud-based HMI solutions, service and infrastructure are provided off-site through a third-party service provider or a vendor who runs the software and manages data over internet. It is very important to deal with complex HMI systems as major end-user industries are using intelligent machines, new connected devices, and latest technology monitoring systems. Cloud-based software is creating value for adopters because of the features such as ability to connect the experts to the data from remote locations, cost-effectiveness, and high storage capability. However, the safety and security concern is still a major challenge for the adoption of cloud-based HMI solution.

“North America expected to dominate the HMI market between 2016 and 2022”

The HMI market in North America is primarily driven by the presence of a significant number of HMI solution providers and the growing high-end manufacturing activities in the region. In addition, the rising demand for embedded HMI solutions is expected to encourage the HMI market in North America. The R&D activities in the application areas of HMI are increasing owing to the encouraged adoption of IIoT and machine-to-machine communication (M2M) in various industries in this region. The major players involved in the HMI market include ABB Ltd. (Switzerland), Advantech Co., Ltd. (Taiwan), Emersion Electric Co. (U.S.), General Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), and Yokogawa Electric Corporation (Japan).

Human Machine Interface Market

The company launched latest version of its HMI software—FactoryTalk View Site Edition 8.1 with advanced features such as new distributed application manager tool, better design-time support for multiple monitors, added support for testing displays with tag placeholders, and new security functions. Furthermore, in November 2016, the company launched a new app, FactoryTalk TeamONE; it works on iOS and Android smartphones. The app enhances team productivity by helping users to collaborate and share knowledge, interact with machine alarm, provide live view of production diagnostics, and troubleshoot devices.

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The other companies involved in the development of the HMI market include Advantech Co., Ltd. (Taiwan), Emerson Electric Co. (U.S.), General Electric Co. (U.S.), Honeywell International Inc. (U.S.), Kontron AG (Germany), and Yokogawa Electric Corporation (Japan).

About MarketsandMarkets™

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

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

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Thursday, 30 August 2018

Robotic Process Automation Tools Expected to Hold the Largest Share of the Robotic Process Automation Market

The report "Robotic process automation market is being employed in industries such as banking, financial services, and insurance; healthcare and pharmaceuticals; manufacturing and logistics; telecom and IT; retail and consumer goods; travel, hospitality, and transportation; energy and utility; government; and academic. The market for robotic process automation is estimated to reach USD 2,467.0 Million by 2022, at a CAGR of 30.14% between 2017 and 2022

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Browse 69 market data tables and 66 figures spread through 146 pages and in-depth TOC on "Robotic Process Automation Market - Global Forecast to 2022"

Key market players include Automation Anywhere (U.S.), Blue Prism (U.K.), IPSoft (U.S.), Nice Systems Ltd. (Israel), and Pegasystems (U.S.). They have been focusing on new product launches, research and development, acquisitions, and collaborations to enhance their product offerings and expand their business.

Robotic Process Automation Market

“Robotic process automation market for healthcare and pharmaceuticals will likely grow at the highest CAGR between 2017 and 2022.”

The rise in terrorism along with political unrest in different regions in the world is propelling the need for security screening all over the world. Various government legislations are formed to enhance the security screening at airports, to strengthen the surface transportation security and global supply chain security, to protect critical infrastructure, and to detect and prevent biological, radiological, and nuclear threats across the globe. Government regulations play a major role in the development of security screening products. In the U.S, a large numbers of the customers are government agencies and the demand for explosive detectors is dependent on national priorities and governmental initiatives.

"Robotic process automation tools expected to hold the largest share of the robotic process automation market by type.”

Automation Anywhere (U.S.) offers its services within a variable price range, depending on the business operations of various industries. The company is completely self-financed and has a high-margin business revenue model with a large client base, including Tesco PLC (U.K.), Dell Inc. (U.S.), PricewaterhouseCoopers LLP (U.S.), Australia and New Zealand Banking Group (Australia), and General Motors Corporation (U.S.). Along with desktop automation, the company also focuses on the development of Testing Anywhere MOBILE—a multi-platform test automation solutions for Android and iOS.

“North America expected to dominate the robotic process automation market between 2017 and 2022.”

NICE Systems Ltd., provides robotic process automation solutions for contact centers, back office operations, and retail functions of various industries, including communications, banking, insurance, and healthcare, BPO, government, utilities, travel, and entertainment. NICE Systems spent USD 128.5 million on R&D in 2015. NICE provides robotic process automation services to financial institutions to prevent fraud and money laundering activities, and comply with regulatory guidelines. The company helps the BFSI industry to prevent real-time and cross-channel fraud and money laundering, and ensure brokerage compliance and enterprise-wide case management. Its solutions monitor millions of financial transactions on a daily basis and enable organizations to reduce the risk of financial crime, improve compliance, and lower operational costs.

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Other companies in the robotic process automation market are Redwood Software (U.S.), Celaton LTD (U.K.), UiPath (Romania), Verint (U.S.), and Xerox Corporation (U.S.).

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

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

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Wednesday, 29 August 2018

Explosive Detectors Market valued by 6.12 Billion USD by 2020

The report "Explosive Detectors Market by Technology (Trace (IMS, Colorimetric, Mass Spectrometry), Bulk (X-Ray System, Neutron Method, Optical)), Product Type (Vehicle Mounted, Handheld, Robotics, Biosensors), Application, Geography - Forecast to 2020", The explosive detectors market size, in terms of value, is expected to grow from USD 3.56 Billion in 2015 to USD 6.12 Billion by 2020, at a CAGR of 11.4% between 2015 and 2020.

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Browse 73 market data Tables and 97 Figures spread through 183 Pages and in-depth TOC on "Explosive Detectors Market - Forecast to 2020"

With the intensified risk of terrorism in today’s world, security professionals at nuclear power plants, embassies, high-risk facilities, transportation, and government agencies are exploring explosives detectors as part of a comprehensive security approach to help protect the citizens and important infrastructure from these threats. As the frequency of terrorist attacks is increasing globally, the explosive detectors market is expected to gain traction in the next five years.

https://www.marketsandmarkets.com/Images/explosive-detectors-market1.jpg

Various government legislations for enhanced security screening to drive the explosive detectors market

The rise in terrorism along with political unrest in different regions in the world is propelling the need for security screening all over the world. Various government legislations are formed to enhance the security screening at airports, to strengthen the surface transportation security and global supply chain security, to protect critical infrastructure, and to detect and prevent biological, radiological, and nuclear threats across the globe. Government regulations play a major role in the development of security screening products. In the U.S, a large numbers of the customers are government agencies and the demand for explosive detectors is dependent on national priorities and governmental initiatives.

Robotics-based explosive detectors to play a key role in the explosive detectors market

The market for robotics-based detectors is expected to hold the largest share of the explosive detectors market between 2015 and 2020 owing to their higher efficiency and greater levels of control. Robotics is expected to play a key role in changing the explosive detectors landscape. The recent advancements in unmanned systems have significantly increased the addressable market base of robotics explosive detectors.

Aviation vertical expected to hold largest market share

The aviation vertical is expected to hold the largest share of the explosive detectors market by 2020. The market for explosive detectors in the commercial sector is expected to grow at the highest rate between 2015 and 2020. The market is also expected to witness growth in the public places application during the forecast period.

North America expected to hold the largest market share, while Europe is expected to have the highest CAGR

North America is expected to hold the largest share of the explosive detectors market between 2015 and 2020, owing to the presence of a large number of security vendors. Europe also offers potential growth opportunities in the explosive detectors market. The recent terrorist attacks have highlighted the evolving nature of the terrorist threat.

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The major players in the explosive detectors market include Smiths Detection, Morpho Detection, L-3 Communication, OSI Systems, and Nuctech among others.

The scope of the report covers detailed information regarding the major factors influencing the growth of the explosive detectors market such as drivers, restraints, challenges, and opportunities. Detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the explosive detectors market.

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

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

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Monday, 27 August 2018

Augmented Reality Market valued by 61.39 Billion USD by 2023

According to the new research report "Augmented Reality Market by Offering (Hardware (Sensor, Displays & Projectors, Cameras), and Software), Device Type (Head-Mounted, Head-Up, Handheld), Application (Enterprise, Consumer, Commercial, Automotive) and Geography - Global forecast to 2023", the augmented reality market, the market is expected to grow from USD 2.39 Billion in 2016 to USD 61.39 Billion by 2023, at a CAGR of 55.71% between 2017 and 2023.

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The increasing demand for AR devices and applications in healthcare, increase in demand for AR in the retail and e-commerce, and rising investment in the augmented reality market are the major drivers for the augmented reality market.

Head-up displays to witness high growth during the forecast period
 
Head-up displays (HUDs) for the augmentation of images are presently used in automotive, and aerospace and defense sectors for training purposes; the HUD market is still in the developing phase and is likely to commercialize in the near future. The recent Consumer Electronics Show (CES) 2017 has come up with enormous opportunities and variations for head-up displays using the augmented reality. The head-up display with AR was one of the most talked about innovations in the CES 2017.

Head-up displays would be used for navigation in airplanes and automotives. The information such as the roadmap and the speed along with the other necessary details in the line of sight would be displayed at the windscreens and would help the driver drive safely. The use of head-up displays in the applications such as automotive, and aerospace and defense would help the market to grow at a higher rate.

Consumer application to lead the augmented reality market

The augmented reality technology offers remarkable results in terms of visual effects when used in gaming and sports broadcasts. There are some AR gaming applications in which players can create virtual objects and characters and then link those digital creatures to defined locations in the real world. Players can then easily interact with those digital objects in the real world. The demand for software apps is high in the consumer sector because all gaming applications are used in devices such as smartphones and tablets to play the games. Even in the entertainment application, the demand for the development of AR apps is high to enhance the user experience in different areas such as sports broadcasting, gathering information through social networking sites, and so on. The use of head-mounted displays for gaming and entertainment will also be a major boost to the augmented reality market.

APAC expected to hold a major share of the augmented reality market during the forecast period

Asia Pacific comprises China, Japan, India, South Korea, and Rest of APAC. Being an emerging economy, Asia Pacific is witnessing major changes in the adoption of new technologies and advancements. Due to the presence of most of the display panel manufacturers in the region, APAC witnesses an increasing adoption of latest technologies.

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Major players in the augmented reality market are Google, Inc. (US), PTC Inc. (U.S.), Microsoft Corporation (US), Wikitude GmbH (Austria), DAQRI LLC (US), Zugara, Inc. (US), Blippar (UK), Magic Leap, Inc. (US), and Osterhout Design Group (US).

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