Monday, 27 April 2020

Automatic Labeling Machine Market worth $2.9 billion by 2024

According to the new market research report Automatic Labeling Machine Market by Type (Self-Adhesive/Pressure-Sensitive Labelers, Shrink Sleeve Labelers and Glue-Based Labelers), Industry (Food & Beverages, Pharmaceuticals, Consumer Products, Personal Care), Geography - Global Forecast to 2024”, the automatic labeling machine market is expected to be valued at USD 2.5 billion in 2019. It is expected to grow USD 2.9 billion,at a CAGR of 3.6% from 2019 to 2024. The factors that are driving the growth of the market include the increasing demand for automation in the food industry and the growing need for packaging solutions.

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Browse 35 market data Tables and 37 Figures spread through 122 Pages and in-depth TOC on
"Automatic Labeling Machine Market"
Major players included in the automatic labeling machine market are Krones (Germany), SACMI (Italy) and Sidel (Italy). The other key players in this market include companies such as HERMA (Germany), KHS (Germany), Fuji Seal (Japan), ProMach (US), Marchesini Group (Italy), IMA Group (Italy), Accutek (US), and Barry-Wehmiller (US), among others.

“Shrink-Sleeve labelers expected to grow at the highest CAGR in global automatic labeling machine market“

Shrink sleeve labelers are a relatively new type of machine in the automatic labeling machine market which has been making a name for itself in the label industry as these machines uses labels which leads to full body design allowing for more graphics, impact, and color. The shrink-sleeve labelers are booming in the market as the sleeve film is sensitive to light, abrasion resistant, durable, and waterproof. These labels can be easily removed from the containers and bottles, allowing the container/bottle to be reused. The sleeve film is environment-friendly as there is no need for glue which does not lead to any hazardous waste and this film is easily recyclable. Although the shrink sleeve labelers are most costly than other labeling machines, it is the best way to provide the maximum brand promotion and awareness among the customers.

“Food & beverages industry is expected to exhibit the highest growth from 2019 to 2024”

The fast-changing food & beverages industry across the world requires automatic labeling machines to a great extent. Improved economic conditions in emerging countries, purchasing parity, increasing health awareness, change in dietary habits, rising demand for nutritious food, and adoption of automated technology in labeling are the significant factors which are expected to further fuel the growth of global food & beverages processing and packaging machinery industry.

“APAC expected to be the fastest-growing automatic labeling machine market from 2019 to 2024”

The market in Asia Pacific 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 development of the packaging machinery industry, demand for automated labeling solutions, increasing consumer awareness regarding packaging, the demand for packaging in the food industry, and the need for high speed & high-quality labeling solutions. On the other hand, China and Taiwan were the major markets in Asia Pacific in 2018 as they are one of the major exporters of the low-speed machines capturing the large share of the market.

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Friday, 24 April 2020

AS-Interface Market worth 1,158.5 Million USD by 2023

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.

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

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).

“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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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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Thursday, 23 April 2020

Industrial Display Market expected to reach 5.87 Billion USD by 2022

According to the new market research report "Industrial Display Market by Type (Rugged Displays, Open Frame, Panel-Mount, Marine, Video Walls), Technology, Panel Size, Application (HMI, Remote Monitoring, Interactive Display, Digital Signage), Vertical and Geography - Global Forecast to 2022", the market is expected to grow from USD 4.09 Billion in 2016 to reach USD 5.87 Billion by 2022, at a CAGR of 6.18% between 2017 and 2022. The growth of industrial display market is mainly driven by technological shift and development of high specification display devices, rising demand for HMI devices, high growth of LED-backlit LCD-based display solutions, and growing adoption of IoT.

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Browse 65 market data tables and 79 figures spread through 186 pages and in-depth TOC on "Industrial Display Market"

The major players operating in the industrial display market include Samsung Display Co. Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Panasonic Corporation (Japan), and Advantech Co. Ltd. (Taiwan).

Panel-mount monitors accounted for the largest share of the industrial display market in 2016

The industrial display market is led by the panel-mount monitors. The major reason for the large market size of panel-mount monitors is due to the demand generated by HMIs, interactive displays, and digital signage applications in manufacturing, oil & gas, and energy & power sectors.

The market for OLED technology is likely to grow at the highest rate during the forecast period

OLED technology is expected to grow at the highest rate between 2017 and 2022 and hold the largest market size by 2022. OLED is a fairly new display technology in the industrial space and can serve diverse applications including remote monitoring using portable devices; HMI, and imaging.  For example, OLED is used as a status indicator in the industrial sector and also used in digital signage for advertisement or information display. These applications are the key factors for driving the growth of the OLED display market.

North America held the largest market share in 2016

North America held the largest share of the industrial display market in 2016, followed by Europe and APAC. The US accounted for the largest share of the industrial display market in this region. Rugged displays are widely used for HMI applications and remote monitoring in the manufacturing sector that boost the industrial display market in North America. The leading companies for display technologies, industrial monitors, HMIs, and related semiconductor components, such as Planar Systems, Inc. (US) and GE (US) are based in the North American region.

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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.

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Wednesday, 22 April 2020

Thin-Film Encapsulation (TFE) Market worth 101.1 Million USD by 2023

According to the new market research report "Thin-Film Encapsulation (TFE) Market by Application (OLED Display, Lighting, Thin-Film Photovoltaics), Deposition Technology (Inorganic Layers (PECVD, ALD) and Organic Layers (Inkjet Printing and VTE)), and Geography - Global Forecast to 2023", The thin-film encapsulation market for materialsis expected to grow from USD 31.7 Million in 2018 to USD 101.1 Million by 2023, at a CAGR of 26.1% between 2018 and 2023.

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Browse 13 market data Tables and 38 Figures spread through 104 Pages and in-depth TOC on
"Thin-Film Encapsulation (TFE) Market".
 
The leading suppliers of thin-film encapsulation equipment and materials in the market are Samsung SDI (Novaled) (South Korea), LG Chem (South Korea), Universal Display Corp. (UDC) (US), Applied Materials (US), 3M (US), Veeco Instruments (US), Kateeva (US), Toray Industries (Japan), BASF (Rolic) (Germany), Meyer Burger (Switzerland), Aixtron (Germany), Bystronic Glass (Germany), AMS Technologies (Germany), and Angstrom Engineering (Canada). Key innovators profiled in this report include Beneq (Finland), Encapsulix (France), Lotus Applied Technology (US), Vitriflex (US), and Picodeon (Finland).

The thin-film encapsulation  market for materialscovers  the thin-film organic and inorganic barriers used at the manufacturing level of  flexible OLED displays, flexible OLED lighting, thin-film photovoltaics, and  other products. The need for thin-film barriers in flexible and organic devices,  trend of thin-film encapsulation using inkjet  printing technology, and rapid adoption of flexible OLED displays for smartphones  and smart wearables significantly drive the market growth. The growing  investments in the OLED technology and manufacturing facilities and rising  adoption of thin-film solar cells are likely to provide lucrative opportunities  for the market players in the near future.

Rising demand for flexible OLED displays and flexible OLED lighting solutions is driving the growth of thin-film encapsulation market for materials

OLED displays accounted for the largest share of the thin-film encapsulation market for materials, in terms of value, in 2017. Samsung SDI and LG Chem develop thin-film encapsulation materials for flexible OLED displays. These companies are also working with thin-film encapsulation equipment suppliers, such as Kateeva and Applied Materials. The thin-film encapsulation market for materials in OLED lighting applications is expected to grow at the highest CAGR of 31.8% during the forecast period.

APAC is expected to hold the largest market share between 2018 and 2023

APAC accounted for the largest share of the thin-film encapsulation market for materials in 2017. Major display panel and brand product manufacturers are based in China, Japan, Taiwan, South Korea, and Hong Kong. South Korea witnessed the highest demand for thin-film encapsulation materials in 2017 owing to presence of industry leaders such as Samsung and LG Display in the country. Further, the demand for thin-film encapsulation materials from China is expected to increase rapidly during 2018–2023 as various Chinese players, such as BOE Technology and CSOT, are planning to construct facilities to manufacture flexible OLED panels.

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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.

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Monday, 20 April 2020

Fall Detection System Market expected to reach 497.3 Million USD by 2022

According to the new market research report "Fall Detection System Market by Component (Accelerometer & Gyroscope, Unimodal/Bimodal, Multimodal Sensors), Algorithm (Simple Threshold, Machine Learning), System (In-Home Landline, In-Home Cellular, Wearable), End User, and Region - Global Forecast to 2022", the overall fall detection system market is expected to be worth USD 497.3 million by 2022, growing at a CAGR of 5.58% between 2017 and 2022.

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Browse 64 market data tables and 73 figures spread through 154 pages and in-depth TOC on "Fall Detection System Market"
 
The major companies involved in the development and supply of fall detection systems include Koninklijke Philips N.V. (Netherlands), Connect America (US), The ADT Corporation (US), Tunstall Healthcare Group Ltd. (UK), Medical Guardian LLC (US), Bay Alarm Medical (US), Singapore Technologies Electronics Limited (Singapore), MobileHelp (US), MariGroup Oy (Finland), Mytrex, Inc. dba Rescue Alert (US), Semtech Corporation (Netherlands), AlertOne Services, LLC (US), and LifeFone (US). Intel Corporation, MariGroup Oy, Vital Connect Inc. and Blue Willow Systems are the four key innovators considered as a part of the fall detection system market.

The major factors driving the growth of the fall detection system market include the better accessibility to assistance in case of fall leading to reduced medical expenses, increasing demand for smartphone and wearable technology, and increasing demand for multimodal technology. These factors are expected to propel the growth of the fall detection system market during the forecast period.

“Accelerometers & gyroscopes expected to hold the largest market share between 2017 and 2022”

Accelerometers and gyroscopes are the most widely used components in the fall detection system. Among accelerometers, mostly tri-axial accelerometers are used; for the gyroscope-based system, either a bi-axial or tri-axial gyroscope is used to detect a fall. In case a fall is detected, the accelerometer & gyroscope system sends an alert signal along with the GPS location of the person. The increasing use of accelerometers & gyroscopes by end users such as senior citizens – home, and hospitals, nursing, and senior assisted living facilities is a key factor driving the fall detection system market for accelerometers & gyroscopes.

“Fall detection system market for machine learning method expected to grow at the highest CAGR during the forecast period”

Machine learning method to detect fall is a kind of artificial intelligence that utilizes the ability of sensors to understand the fall-related data collected in experimental conditions and during the designing of the product. However, though the machine learning method increases the robustness, sensitivity, and specificity of the fall detection system, its algorithmic design consumes a lot of computable resources, thus limiting its applications in wearable devices. The machine learning algorithm is more expensive than the simple threshold method. However, owing to its better accuracy and reducing costs as well as the increasing number of artificial intelligence companies in the market, it is expected to be the fastest-growing segment during the forecast period.

“Market in North America accounted for the largest share of the overall fall detection system market during the forecast period”

North America is considered as the major contributor to the global fall detection system market, and the US holds the largest market share in the region. The market in North America is segmented into the US, Canada, and Mexico. A major trend driving the fall detection system market in the region is the expected increase in the acceptance rate of fall detectors among the rapidly increasing geriatric population. Furthermore, the growing adoption rate of the machine learning method and reimbursement of healthcare-related costs are the major factors driving the fall detection system market in the US and Canada.

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Artificial Intelligence in Healthcare Market expected to reach $36.1 billion by 2025

The report "Artificial Intelligence in Healthcare Market by Offering (Hardware, Software, Services), Technology (Machine Learning, NLP, Context-Aware Computing, Computer Vision), End-Use Application, End User, and Geography – Global Forecast to 2025" According to the latest market research report, the artificial intelligence in healthcare market is estimated to be valued at USD 2.1 billion in 2018 and is expected to reach USD 36.1 billion by 2025, at a CAGR of 50.2% from 2018 to 2025. The market has huge potential across various end users such as hospitals and providers, healthcare payers, and pharmaceutical and biotechnology companies. Increasingly large and complex data set available in the form of big data and growing need to reduce the increasing healthcare cost drive the growth of this market. Improving computing power and declining cost of hardware are other key factors driving the AI in healthcare market.

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Browse 103 market data Tables and 49 Figures spread through 216 Pages and in-depth TOC on "Artificial Intelligence in Healthcare Market by Offering (Hardware, Software, Services), Technology (Machine Learning, NLP, Context-Aware Computing, Computer Vision), End-Use Application, End User, and Geography – Global Forecast to 2025"
 
The major companies profiled in this report are NVIDIA (US), Intel (US), IBM (US), Google (US), Microsoft (US), AWS (US), General Vision (US), GE Healthcare (US), Siemens Healthineers (Germany), Medtronic plc (US). The market has active participation of start-ups. A few emerging companies in the market are CloudMedx (US), Imagia Cybernetics (Canada), Precision Health AI (US), and Cloud  Pharmaceuticals (US).

AI in healthcare market for software to hold largest market during forecast period

The AI in healthcare market for software segment is expected to hold the largest market from 2018 to 2023. Growing adoption of AI solutions and platforms among healthcare providers and healthcare payers is the prime factor driving the growth of the software segment. The software is developed using AI technologies, such as machine learning, natural language processing, and deep learning. In most cases, the software can run in the existing system without any additional requirement for specific hardware.

By offering, services to grow at highest CAGR during forecast period

Growing adoption of AI in hospitals and other healthcare service providers is expected to boost the demand for services segment in later part of the forecast period.

By technology, the artificial intelligence in healthcare market for Machine learning technology to hold the largest market share throughout the forecast period

Machine learning’s ability to collect and handle big data, and its applications in various healthcare applications, such as patient data and risk analysis, drug discovery, and in-patient care and hospital management, are fueling its growth.

By geography, North America is expected to dominate the healthcare market

The North American AI in healthcare market is further segmented into the US, Canada, and Mexico. The US is considered one of the major contributors in the North American AI in healthcare market. The US is one of the leading countries in the world to adopt AI technology across the continuum of care.
Cross-industry participation in the healthcare domain along with significant increase in venture capital investment, is encouraging several new players to enter the market for AI in the healthcare space.

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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Sunday, 19 April 2020

Fusion Splicer Market worth 762.3 Million USD by 2022

The report "Fusion Splicer Market by Offering (Hardware (Sheath Clamps, Electrodes, Electric ARC, CO2 Laser, Cleaver and Stripper), and Software & Services), Alignment Type (Core, and Cladding Alignment), Application, and Geography - Global Forecast to 2022", According to this market research report, the fusion splicer market was valued at USD 570.5 Million in 2016 and is expected to reach USD 762.3 Million by 2022, at a CAGR of 4.72%.

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Major players operating in the fusion splicer market are Sumitomo Electric Industries (Japan), Furukawa Electric Co. Ltd. (Japan), Fujikura ltd Ltd. (Japan), ILSINTECH CO., LTD. Korea), INNO Instruments Inc. (Korea), and Darkhorsechina (Beijing) Telecom. Tech. Co., Ltd. (China). 

Browse 66 market data tables and 66 figures spread through 154 pages and in-depth TOC on "Fusion Splicer Market"

Moreover, the fusion splicer market registered a shipment of 65,735 units in 2016 and is expected to reach 97,353 units by 2022, at a CAGR of 6.52% during the forecast period. Factors such as the growing demand for high network bandwidth and low insertion loss are driving the growth of the fusion splicer market.

Software & services expected to grow at a higher rate between 2017 and 2022

The fusion splicer market for software and services is expected to grow at a higher rate compared with the fusion splicer market for hardware, due to the increased focus by companies on improving their pre and post sales services. Presently, the companies provide custom engineering services that also includes customized hardware and software design, process improvement consultation, advanced training, and maintenance service agreements.

Fusion splicer market for core alignment type expected to hold the largest share in 2017

The core alignment method provides precise fiber alignment, which results in a typical splice loss of only 0.02dB. This level of precision is required for all single mode fiber applications as well as enhances performance of multimode fiber. This core alignment fusion splicer is primarily preferred for community access TV (CATV) installations, backbone networks, specialty fiber applications, and optical components manufacturing because of its high accuracy and reliability.

Fusion splicer market in APAC likely to grow at a high rate during the forecast period

The need for high network bandwidth in the telecom sector acts as a driving force for the growth of the fusion splicer market. The extensive development of telecommunication and broadband networks in Asia Pacific (APAC) has led to the increasing growth in the fiber optic market in this region, thereby increasing the demand for the fusion splicer.

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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