Construction Robot Market Analysis & Technological Innovation by Leading Key Players worth 166.4 Million USD by 2023

New York, USA, November-12, 2019 /Semiconductor & Electronics -->

According to the new market research report "Construction Robot Market by Type (Traditional, Robotic Arm, and Exoskeleton), Automation, Function, Application (Public Infrastructure, Commercial and Residential Buildings, Nuclear Dismantling and Demolition), and Geography - Global Forecast to 2023", the construction robot market is valued at USD 76.6 Million in 2018 and is expected to reach USD 166.4 Million by 2023, at a CAGR of 16.8% between 2018 and 2023. The market is mainly driven by the factors such as enhanced productivity, quality, and safety due to the implementation of construction robots and growing urbanization worldwide.

The Major Players operating in Brokk (Sweden), Husqvarna (Sweden), Ekso Bionics (US), Komatsu (Japan), Fujita (Japan), Construction Robotics (US), Fastbrick Robotics (Australia), Autonomous Solutions (US), Conjet (Sweden), TopTec Spezialmaschinen (Germany), Apis Cor (Russia), nLink (Norway), Yingchuang Building Technique Co. (WinSun) (China), Advanced Construction Robotics (US), MX3D (Netherlands), CyBe Construction (Netherlands), CYBERDYNE (Japan), Giant Hydraulic Tech (China), Alpine Sales and Rental (US), and Beijing Borui Intelligent Control Technology (China).

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Browse 66 market data Tables and 32 Figures spread through 128 Pages and in-depth TOC on "Construction Robot Market - Global Forecast to 2023"

Construction robot market for exoskeleton to grow at highest CAGR during forecast period

The market for exoskeleton is expected to grow at the highest CAGR during the forecast period. The high growth of this segment can be attributed to the fact that most of the construction companies are expected to adopt exoskeletons for their workers to address the issue of labor shortage. The deployment of exoskeletons is likely to help workers to perform heavy work easily; hence, the use of exoskeleton is expected to improve work environment at construction sites.

Semi-autonomous construction robots held larger share of overall market in 2017

The semi-autonomous construction robots held a larger share of ~67.1% of the overall construction robot market in 2017. The need for broader and more efficient infrastructure, and improved infrastructure monitoring for predictive and corrective maintenance are the factors driving the market for the semi-autonomous construction robots.

Europe is major consumer of construction robots

Europe accounted for a major share of the overall construction robot market in 2017. The largest size of the European construction robot market is attributed to the large facilities of various companies for the development and production of the construction and demolition robots, increasing number of government regulations, and growing need for the residential and non-residential construction projects. Also, the European construction market is expected to grow tremendously in the coming years. The high rate of industrialization has increased the extent of construction activities in the region, leading to increasing demand for advanced construction equipment, such as robots.

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Augmented Reality Market Analysis & Technological Innovation by Leading Key Players worth $85.0 billion by 2025

New York, USA, November-12, 2019 /Semiconductor & Electronics --> 

According to the new market 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 2025", was valued at USD 4.2 billion in 2017 and is expected to reach USD 85.0 billion by 2025, at a CAGR of 33.7% from 2018 to 2025. Increasing demand for AR devices and applications in healthcare, increasing demand for AR in the retail and e-commerce, and rising investments in the augmented reality market are the major driving factors of the AR market. However, limited user interface affecting the navigation performance of augmented reality application and limited processing power, less storage, and restricted size of memory card in mobile phone are some of the major barriers for the growth of the AR market.

The Major Players operating in the 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), Upskill (Austria), MAXST (South Korea), and Osterhout Design Group (US) are the leading players in the augmented reality market.

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Browse 67 market data Tables and 37 Figures spread through 171 Pages and in-depth TOC on "Augmented Reality Market - Global Forecast to 2025"

“Hardware component offerings for AR to grow at a higher CAGR during the forecast period”

The augmented reality market has been segmented on the basis of hardware and software component. The hardware offerings are further segmented into the components such as displays & projectors, cameras, semiconductor components, sensors, position trackers, and others. Camera has been an integral part of the augmented reality market which would, in the near future, provide optimum benefit to smartphone users. The increased use of mobile augmented reality will pave the path for optimum growth of these components. The growth of the segment is attributed to the increased adoption of the AR hardware devices majorly in enterprise and consumer applications. 

“Head–mounted displays to hold largest share of the augmented reality market during the forecast period”

The augmented reality head-mounted displays include typical HMDs, smart glasses, and smart helmets. The AR HMDs in the form of smart glasses are expected to lead the market owing to its widespread use in the enterprise sector. The efficiency and workforce management is expected to be the major use case for the use of HMDs in the enterprise and manufacturing application. 

“AR in enterprise application expected to grow at highest CAGR during the forecast period”

Augmented reality is used in enterprises for training personnel, providing information about industrial facility, re-modelling and redesigning, and industrial simulations. AR solutions help workers perform repairs in hazardous environments where visibility is low. Traditionally, training was conducted using classroom methods; however, the introduction of augmented reality has helped enhance the training methodology. Moreover, the usage of HMDs in the manufacturing setups is the major driver for the growth of enterprise application in the augmented reality market.

“APAC expected to be the largest AR market by 2025”

The augmented reality market in Asia Pacific is expected to grow at a high rate in sectors such as healthcare, commercial, and consumer. The increasing number of players in the region would boost the growth of the augmented reality market. The high growth in commercial and consumer markets is the major factor driving the growth of the augmented reality market in APAC. APAC registers the highest growth for consumer products such as smartphones, tablets, laptops, TVs, and others. This is because of emerging economies such as China and India, which are witnessing unparalleled growth, and other countries such as Taiwan, Indonesia, Singapore, and Malaysia, which have been exhibiting positive growth. Growing consumer and commercial markets with increasing investments in countries such as Japan, India, and China would boost the growth of the augmented reality market in APAC. The use of AR has increased in commercial and consumer markets in APAC, owing to the easy availability of the AR technology in the region.

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AS-Interface Market Analysis & Technological Innovation by Leading Key Players worth 1,158.5 Million USD by 2023

New York, USA, November-12, 2019 /Semiconductor & Electronics -->
According to the new market research report "AS-Interface Market by Component (AS-I Slave, AS-I Gateway, AS-I Power Supply, AS-I Cable), Application (Material Handling, Drive Control, Building Automation), Industry, and Geography - Global Forecast to 2023", AS-Interface market is expected to be valued at USD 1,158.5 Million by 2023, growing at a CAGR of 4.3% between 2017 and 2023. Factors that are driving the growth of the market include the rise of adoption of process automation in the process industry; support from the government for the adoption of industrial automation in various industries; and simple, easy, and fast installation of AS-Interface system with a minimum number of cables.

The Major Players in the AS-Interface market includes Bihl+Wiedemann GmbH (Germany), ifm electronic gmbh (Germany), Siemens AG (Germany), Valmet Corporation (Finland), Pepperl+Fuchs GmbH (Germany), Baumer Electric AG (Switzerland), ABB Ltd. (Switzerland), Emerson Electric Co. (US), Phoenix Contact GmbH & Co. KG (Germany), and Schneider Electric SE (France).

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Browse 38 Market Data Tables and 47 Figures spread through 128 Pages and in-depth TOC on "AS-Interface Market - Global Forecast to 2023"

“AS-i gateway component in AS-Interface market expected to hold the largest market size during the forecast period”

AS-i master represents the connection to the controller or to a host fieldbus system. It is responsible for the link connection to the higher-level control system with other devices enabling the smooth flow of data and commands given to the slaves. The master communicates and manages data transfer from the data cable and checks the signals received, sets the parameters, sends commands to the slaves, and monitors the working of the slaves. It enables the effective controlling, monitoring, and execution of the manufacturing process.

 “The food & beverage industry expected to hold the largest market size and also expected to grow at the highest rate between 2017 and 2023”

The growth of food and industry is recognized by the increasing consumption of food & beverages. The packaged food industry includes baked goods, convenience food, dairy, and confectionaries, all require regular manufacturing that uses AS-Interface. AS-Interface cable makes the processing flow easy and smooth in conveying lines. The motors and controllers are connected with AS-Interface for the effective communication between the devices. This industry involves application such as material handling and drives control that enhances the growth of the AS-Interface market.

”The material handling application is expected to hold the major market share and also grow at the highest rate of the AS-Interface market in 2023”

AS-Interface is used in material handling that includes various activities such as loading and transporting the material from one place to another. The material handling uses AS-Interface in the airport for the baggage handling. The baggage handling system uses a large number of sensors that directly contact AS-interface that helps in precisely localizing the baggage on conveyor belts. The belt conveyors are preferred to transport bulk material due to their ability to transport a large variety of materials from point to point.

“The AS-Interface market in APAC is expected to hold the largest market share and also grow at the highest rate between 2017 and 2023”

The APAC region consists most of the developing countries such as India, China, and South Korea. The AS-Interface market in South Korea is mainly driven by the increasing applications in automobiles, shipbuilding, and mining, among others. AS-Interface cable is used in building automation for various purposes such as fire/smoke dampers, monitoring, and diagnostics. The existence of multiple infrastructure projects in South Korea drives the AS-Interface market. The APAC market for AS-Interface is also supported by various exhibitions and summits such as Industrial Open-Net Exhibition Japan 2017, CIIF Industrial Automation Show Shanghai 2017, Industrial Network Exhibition Japan (Osaka) 2017 that are expected to be held for promoting the AS-Interface technologies.

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Augmented Reality (AR) and Virtual Reality (VR) Market expected growth 60.55 Billion USD and 34.08 Billion USD by 2023

According to the new research on "Augmented Reality and Virtual Reality Market by Offering (Hardware & Software), Device Type (HMD, HUD, Handheld Device, Gesture Tracking), Application (Enterprise, Consumer, Commercial, Healthcare, Automotive), and Geography - Global Forecast to 2023", the augmented reality (AR) and virtual reality (VR) market, the AR market is expected to grow from USD 11.14 Billion in 2018 to USD 60.55 Billion by 2023, at a CAGR of 40.29% between 2018 and 2023, whereas the VR market is expected to grow from USD 7.90 Billion in 2018 to USD 34.08 Billion by 2023, at a CAGR of 33.95% between 2018 and 2023. The increasing demand for AR devices in healthcare, growing demand for AR in retail and e-commerce, and rising investment in the augmented reality market are the major drivers for the augmented reality market. The high penetration of head-mounted displays in gaming and entertainment, huge investments in the VR market, advancement of technology and digitization, and availability of affordable VR devices are the major drivers of the VR market.

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Major Players in the augmented reality and virtual reality market are Sony (Japan), Oculus (US), Samsung (South Korea), Google (US), PTC (US), HTC (Taiwan), Microsoft (US), Wikitude (Austria), DAQRI (US), Zugara, (US), Blippar (UK), Osterhout Design Group (US), Magic Leap (US), Upskill (US), Continental (Germany), Visteon (US), Eon Reality (US), MAXST (South Korea) and Vuzix (US).                            

Browse 129 tables and 58 figures spread through 253 pages and in-depth TOC on "Augmented Reality and Virtual Reality Market"
Head-up displays to witness high growth in the AR market during the forecast period

Head-up displays (HUDs) for the augmentation of images are presently used in automotive, and aerospace & defense sectors for training purposes; the AR market for HUDs is still in the developing phase and is likely to commercialize in the near future. The AR HUDs are likely to be used mainly for navigation in airplanes and automotive. 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 to drive safely. The use of head-up displays for applications such as automotive, and aerospace & defense would help the market to grow at a higher rate.

Consumer application to lead the augmented reality and virtual reality market

The consumer application has been studied on the basis of gaming, sports, and entertainment sections. The augmented reality market has witnessed a high growth and leads the market owing to its use in apps. The AR gaming apps have seen widespread adoption in the last 2 years and are expected to be the major drivers for the growth of the augmented reality market. However, the consumer application leads the VR market due to the high demand for HMDs in gaming and entertainment.

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

APAC comprises China, Japan, India, South Korea, and Rest of APAC. Being an emerging economy, APAC is witnessing major changes in the adoption of new technologies and advancements. Owing to a large number of display panel manufacturers in the region, APAC witnesses an increasing adoption of latest technologies. The rising investments in commercial and defense applications and its security applications would also boost the growth of the AR and VR market in this region. Also, the growing healthcare and automotive market in Japan would drive the growth of AR technology.

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Industrial Control and Factory Automation Market Growth Opportunities concealed in rising Economies by 2024

The Research Report "Industrial Control and Factory Automation Market by Solution (SCADA, PLC, DCS, MES, PLM, PAM, Functional Safety), Component (Industrial Robots, Industrial 3D Printing, Control Valves, Machine Vision, HMI), Industry and Geography - Global Forecast to 2024", The industrial control and factory automation market is likely to reach USD 269.5 billion by 2024 from USD 160.0 billion in 2018, at a CAGR of 9.08%. The growth of this market can be attributed to the increasing use of enabling technologies in manufacturing, rising adoption of industrial robots in manufacturing sector, connected supply chain along with mass production to cater rising population, government initiatives towards, the adoption of industrial automation in various industries.

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Major players operating in the industrial control and factory automation market Emerson (US), ABB (Switzerland), Siemens (Germany), General Electric (US), Schneider (France), Endress+Hauser (Switzerland), Yokogawa (Japan), Honeywell (US), WIKA (Germany), Azbil (Japan), Fuji Electric (Japan), 3D Systems (US), HP (US), FANUC (Japan), STRATASYS (US), Progea (Italy), Hitachi (Japan), Vega (Germany), Danfoss (Denmark), Tegan Innovations (Ireland), Krohne (Germany), Rockwell (US), Chaos Prime (US) and Dwyer (US), among many others.

Browse 119 market data Tables and 48 Figures spread through 222 Pages and in-depth TOC on "Industrial Control and Factory Automation Market - Global Forecast to 2024"

“Articulated robots dominate the industrial robot market”

The industrial robots segment is growing at a significant pace during the forecast period and has the highest market share of components in the industrial control and factory automation market. Manufacturers are installing industrial robots to make production and distribution easy and efficient. The installation of industrial robots is lessening the human intervention in production process, thereby reducing the cost of manufacturing with increase in quality and production capacity.

“Process automation and control in industrial manufacturing plant drives the growth for DCS ”

DCS held the highest market share in the solutions of industry control and factory automation market. This growth is attributed to a high rate of industrialization rate in the developing economies. Developing countries have expansion and capacity addition plans related to the power sector, which would boost the demand for DCS. DCS provides process automation and control in industrial manufacturing plants that drive the industrial control and factory automation market. Advantages of using DCS systems in manufacturing plants are decision integrity, simplified operations, and increasing productivity. Some of the application areas of DCS are oil & gas, automobile, chemical, food & beverages, and pharmaceuticals industries.

“Process industries to lead the industrial control and factory automation market from 2018 to 2024”

Process industries had the higher market share in industry control and factory automation market in 2017. The rate of adoption of solutions related to the industrial control and factory automation is high in process industries owing to rising cost pressure on manufacturers to optimize the production process. Furthermore, increasing demand for real-time visibility and complex operations in oil and gas, power, metals and mining, and food & beverages industries is expected to drive the demand for industrial control and factory automation solutions in the process industry. Due to the complex nature of the automation in the process industry, the number of components and technologies deployed in the process industry is higher than the discrete industry. Particularly, control technologies, such as DCS, is employed only in the process industry and the number of PLCs and PACs is employed more in the process industry than the discrete industry.

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“APAC to be the largest market for industry control and factory automation during the forecast period”

Asia Pacific (APAC) comprises Japan, China, India, and RoAPAC. APAC is the fastest growing region for industrial control and factory automation market due to the technological innovation and increasing adoption of the automation technologies in various industries. The major application industries for the industrial control and factory automation market in APAC are chemicals, oil & gas, water, semiconductor, electronics, food, and automotive. China is one of the major players from APAC region in the industry control and factory automation market. China has been working on an innovative industrial practice by implementing automation technologies in manufacturing. In addition, research institutes and corporates are collaboratively working to improve the Chinas manufacturing processes. Further, in China, industrial intellectualization and information integration remain the main focus of the government industrial policy. This initiative is expected to increase the demand for the industrial control and factory automation in this country.

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.

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Cleaning Robot Market Explores New Growth Opportunities – Business Data worth 4.34 Billion USD by 2023

The Research Report "Cleaning Robot Market by Type, Product (Floor-cleaning robot, Lawn-cleaning robot, Pool-cleaning robot, Window-cleaning robot), Application (Residential, Commercial, Industrial, Healthcare), and Geography - Global Forecast to 2023", the cleaning robot market is expected to grow from USD 2.09 Billion in 2018 to USD 4.34 Billion by 2023, at a CAGR of 16.21% between 2018 and 2023. The growth of this market is mainly driven by factors such as penetration of automation in household appliances, rise in labor cost, and increasing safety concern.

The key players in the market include iRobot (US), Neato Robotics (US), LG Electronics (South Korea), Samsung Electronics (South Korea), Ecovacs Robotics (China), Dyson (UK), Intellibot Robotics (US), Alfred Kärcher (Germany), ILIFE (China), bObsweep (Canada), Bissell Homecare (US), Miele (Germany), Cyberdyne (Japan), Vorwerk (Germany), and Monoprice (US). The key players in this market are increasingly undertaking the strategies of partnerships and collaborations, and product developments and launches to develop and introduce new technologies and products to the market.

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Product (Floor-cleaning robot, Lawn-cleaning robot, Pool-cleaning robot, Window-cleaning robot), 

Application (Residential, Commercial, Industrial, Healthcare).   

              

Browse 65 market data Tables and 48 Figures spread through 129 Pages and in-depth TOC on "Cleaning Robot Market"

Floor-cleaning robot expected to hold the largest share of the cleaning robot market by 2023

Floor-cleaning robot is expected to hold the largest share, on the basis of product, of the cleaning robot market by 2023; the growth of the market for this technology attributed the popularity of floor-cleaning robots in the residential sector, which has helped the floor-cleaning robot market to grow at a rapid pace. These robots are equipped with functions such as navigation control systems and sensors (distance counter, gyro, ultrasonic, laser, and bumper switches), which are specifically used to detect obstacles and prevent collisions.

Cleaning robot market for residential application expected to grow at the highest CAGR between 2018 and 2023

The cleaning robot market for the residential application is expected to grow at the highest CAGR between 2018 and 2023. Cleaning robots in the residential application are utilized to perform tasks such as mopping and cleaning. In certain countries, employing domestic workers becomes too expensive; in such cases, cleaning robots can easily undertake the task of cleaning.

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APAC expected to dominate the cleaning robot market during the forecast period

The cleaning robot market in APAC is expected to grow at the highest CAGR during the forecast period. Rise in disposable income among consumers in APAC has led to the adoption of cleaning robots. The increasing adoption of cleaning robots and the influx of global players, along with the emergence of native players, are helping the market to grow. As a result, APAC holds a significant share of the overall cleaning robot market.

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Digital Signage Software Market Explores New Growth Opportunities – Business Data worth 9.24 Billion USD by 2023

The report "Digital Signage Software Market by Software Type (Edge Server Software, Content Management System), Services (Installation Services, Maintenance and Support Services), Application (Commercial, Infrastructural), and Geography - Global Forecast to 2023", The digital signage software market was valued at USD 4.48 Billion in 2016 and is expected to reach USD 9.24 Billion by 2023, at a CAGR of 10.2% between 2017 and 2023.

Major Key Players in this Region include Scala, Inc. (US), Planar Systems, Inc. (US), Broadsign International LLC (Canada), and Omnivex Corporation (Canada).

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Type (Edge Server Software, Content Management System), 
Services (Installation Services, Maintenance and Support Services), 
Application (Commercial, Infrastructural)

Browse 68 market data tables and 58 figures spread through 178 pages and in-depth TOC on "Digital Signage Software Market"

The increasing demand for digital signage in public and commercial sectors, advancements in technology offerings and infrastructure expansions are the key driving factors for the digital signage software market. There is an increasing adoption of software in systems used in the commercial sector; it makes the system interactive and easy to use. This leads to improved customer retention by providing an enhanced experience for customers through interactive screens. Content management system is widely used in the market for the effective management of content to be displayed through digital signage systems.

The content management system is expected to hold the largest market share during the forecast period

In 2016, the market for content management system held the largest share in digital signage software market and is expected to dominate the market till 2023. The content management system plays a vital role in the customization, scheduling, monitoring, and deployment of content across a network of digital displays. Digital signage content management system is the nerve center of the digital signage network and is necessary to make digital signage effective; it helps ensure the most relevant content is viewed by the consumers.

Commercial application held the largest market share in the digital signage software market in 2016 and is expected to register the highest CAGR during the forecast period

The commercial application is expected to dominate the digital signage software market till 2023. This is mainly due to increasing demand for digital signage in commercial applications along with improvements in technology offerings & infrastructure expansions. In indoor advertising, especially in the commercial application (retail, healthcare, and hospitality sectors), content needs to be managed and changed periodically because of the high customer interaction in these sectors. As the usage of products such as displays, media players, and projectors in retail and hospitality increases, the content management services in the digital signage market would also experience growth.

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North America held the largest market share, while APAC expected to witness the highest growth rate between 2023

North America is expected to hold the largest market share and dominate the digital signage software market between 2017 and 2023. North America being the most technologically advanced among the developed countries is a leader in the market for the cutting-edge technology, which is used in the advertisement sector. In North America, digital signage with its technological capability focuses on expanding its customer base. North American region is the early adopter of latest display technology and there is always growing awareness regarding the benefits of commercial displays in the region. Developers and providers of digital signage software are aiming for more values on return.

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