Wednesday, 19 October 2022

Rockwell Automation Inc. (US) and Siemens AG (Germany) are in the Human Machine Interface Market

 

The global HMI market size is expected to grow from USD 4.9 billion in 2022 to USD 7.3 billion by 2027, at a CAGR of 8.1%. Growing adoption of Industry 4.0 across industries, increasing number of initiatives by governments across the world for promoting adoption of operational technologies, and rapidly growing necessity for real-time data analysis are the key factors driving the HMI market.

To know about the assumptions considered for the study download the pdf brochure

The key players operating in the HMI market include the major players which operates in different stages in the entire value chain of HMI; these players are Rockwell Automation Inc. (US), ABB (Switzerland), Honeywell International Inc. (US), Schneider Electric SE (France), and Siemens AG (Germany). For staying competitive in the market and to increase their footprint in the global market, these players have adopted various types of strategies including increasing investments in R&D (research & development) and new product launches, increasing number of acquisitions, mergers, partnerships, and strategic alliances, and planned geographic expansions etc.

ABB outlays massive amounts in R&D to thrive in the stiff competitive environment. In FY 2021, its R&D expenditure was USD 1.2 billion, which was 4.2% of its total revenue. A significant portion of ABB’s R&D investment is utilized for its industrial automation business, which develops HMI solutions. The company has focused on resolving industry challenges, such as improving access to resources, including power, water, and raw materials, while lowering the environmental impact. The company has launched the ABB Adaptive Executions, which will help leverage its expertise in advanced industrial technologies, agile methodologies, and digital intelligence and reduce capital expenditure.

Rockwell Automation has been focusing on growth through organic strategies, with product launches and product developments adopted by the company. The company has been investing a significant portion of its revenue in R&D, which not only allows it to launch new technologies related to industrial automation solutions but also improve the existing ones. As the demand for industrial automation solutions has risen exponentially in the past decade, Rockwell Automation is tapping into the growing HMI market in developing countries such as China and India.

The company focuses on strategic business expansions in emerging economies, especially Asia, to expand its customer base. In May 2018, Schneider Electric acquired the Electrical and Automation business of Larsen & Toubro to expand its automation footprint in India. Moreover, the collaboration with ENGIE in 2017 helped Schneider Electric leverage the expertise of ENGIE in remote monitoring and diagnostics solutions used in field instruments that use industrial sensors.

Siemens spends a significant portion of its revenue on R&D activities. For instance, it spent 8.0%, 8.3%, and 7.8% of its overall revenue on R&D activities in 2019, 2020, and 2021, respectively. It has been adopting organic and inorganic strategies to stay ahead in the HMI market. In 2020, Siemens partnered with Salesforce to develop a new workplace technology suite that will support businesses globally to safely reopen and deliver the future experience for physical workplaces.

Related Reports:

Human Machine Interface (HMI) Market by Product (Hardware (Basic HMI, Advanced PC Based HMI, Advanced Panel Based HMI) and Software(On Premise HMI and Cloud Based HMI), Configuration (Embedded HMI, Standalone HMI) and Region - Global Forecast to 2027

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

Arotech Corporation (US) and Energizer Holdings (US) are the Top Players in the Metal-air Battery Market during 2022-2027

 

The metal-air battery market is projected to grow from USD 498 million in 2022 to USD 993 million by 2027, at a CAGR of 14.8% from 2022 to 2027. Rising demand for high-energy density storage solutions, increasing use of zinc-air batteries in electronic devices, and rising demand for green-energy sources are some of the major factors propelling the growth of the metal-air battery market.

To know about the assumptions considered for the study download the pdf brochure

GP Batteries International (Hong Kong), Arotech Corporation (US), Energizer Holdings (US), Duracell (US), and Renata SA (Switzerland) are the top five players in the metal-air battery market globally. These companies offer a wide range of metal-air batteries, as well as related solutions and services, and have operations worldwide. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share.

By Application

  • Electric Vehicles
  • Military Electronics
  • Electronic Devices
  • Stationary Power

GP Batteries International

GP Batteries International develops and manufactures batteries and battery-related products. The product portfolio offered by the company includes single-use batteries, rechargeable batteries, specialty batteries, chargers, cables, power banks, flashlights, and batteries for electric vehicles. The company has rapidly expanded to become one of the world’s major suppliers of primary and rechargeable batteries. GP’s battery production facilities are in China, Vietnam, and Malaysia, supported by marketing and trading offices spanning Asia, Europe, and North America.

Arotech Corporation

Arotech Corporation is involved in the design and manufacturing of battery solutions, innovative energy management systems, and power distribution technologies for aerospace and defense. The company operates through three business divisions: Advance Electronics, Training & Simulation, and Energy Solutions. The company’s Energy Solutions division provides zinc-air batteries, rechargeable batteries, and battery chargers for the military focusing on high-energy and lightweight applications. In December 2019, Arotech was acquired by Greenbriar Equity Group. The company was publicly held before this acquisition and went private post this acquisition.

Energizer Holdings

Energizer Holdings deals with the manufacturing and distribution of primary batteries; portable lights and auto care appearances; and performance, refrigerant, and fragrance products. The company has been recognized globally by its renowned brand Energizer, Eveready, Rayovac, and Varta. Energizer offers household batteries including primary, rechargeable, specialty, and hearing aid using lithium, alkaline, carbon zinc, nickel metal hydride, zinc-air, and silver oxide. Energizer currently has six operational facilities in the US. It also has an operational facility in Singapore capable of producing alkaline and lithium batteries. The company owns trademarks of Energizer, Rayovac, and Eveready, which include related designs, slogans, and sub-brands worldwide.

Related Reports:

Metal-air Battery Market by Metal (Zinc, Lithium, Aluminum, Iron), Voltage, Type (Primary, Secondary), Application (Electric Vehicles, Military Electronics, Electronic Devices, Stationary Power) and Region - Global Forecast to 2027

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

Monday, 17 October 2022

Market Leader - HVDC Capacitor Market to hit USD 15.3 billion by 2030

 

The global HVDC capacitor market is projected to reach USD 15.3 billion by 2030 from an estimated USD 5.2 billion in 2022, at a CAGR of 14.4% from 2022 to 2030. The growth of the HVDC capacitor market can be attributed to rising demand for HVDC transmission systems and ongoing government initiatives to improve energy infrastructure.

Hitachi, Ltd. (Japan), General Electric Company (US), TDK Corporation (Japan), Eaton (US), KYOCERA Corporation (Japan), YAGEO Corporation (Taiwan), Vishay Intertechnology, Inc. (US), General Atomics (US), LIFASA, International Capacitors, S.A. (Spain), and ELECTRONICON Kondensatoren GmbH (Germany); are some of the key players in the HVDC capacitor market. These players have adopted various strategies, such as product launches, contracts, mergers and acquisitions, expansions, collaborations, and partnerships, to expand their presence globally and increase their shares in the global HVDC capacitor market. Product launches have been the key players' most dominating strategy from January 2019 to December 2022 to help them broaden their customer base.

To know about the assumptions considered for the study download the pdf brochure

Hitachi, Ltd.

Hitachi, Ltd. is a global leader in the manufacturing and distribution of electrical equipment. It is an established brand with a strong presence in all major regional markets. The company primarily adopts inorganic growth strategies such as contracts, acquisitions, and collaborations. The company offers HVDC capacitors for commercial, industrial, and energy and power applications.

General Electric Company

General Electric Company is a well-renowned brand in the HVDC capacitor market. The company is a leading high-tech industrial player that offers non-destructive testing and inspection equipment; flow and process control systems; turbine, generator, and plant controls; and condition monitoring solutions and related services. The company has a strong product portfolio of HVDC capacitors and capacitor banks. As a market leader, the company has expanded its reach globally and is expected to capture a large market share in the near future. The company is undertaking efforts to strengthen its position in the HVDC capacitor market through contracts.

TDK Corporation

TDK Corporation offers a wide range of HVDC capacitors to its clients across the world. The company has diverse product offerings due to reduced business risks, and cross-selling possibilities are provided by a diverse product portfolio and balanced income sources. The company constantly invests significantly in R&D to develop new and advanced HVDC offerings. For instance, in 2021, TDK significantly invested 4.1% of its total revenue, i.e., USD 1.4 billion in R&D. The company primarily serves customers from the commercial, industrial, and energy & power sectors. Moreover, it has a global presence and a huge client base worldwide.

Eaton

Eaton is a well-established market leader with a diverse product portfolio that reduces risk and dependence on specific products for revenue generation. The company’s robust distribution network helps gain a competitive edge over competitors in terms of seamless product and service delivery. Eaton has a diversified geographic presence and revenue base across the world. The presence of Eaton in various countries displays its widespread client base and capabilities to offer products globally. It also enhances its brand image as a diversified company.

KYOCERA Corporation

KYOCERA Corporation’s leading market position across all its core products is supported by its investment in developing advanced HVDC capacitors that continually raise the bar of safety equipment performance while upholding an unwavering commitment to integrity. The company invests significantly in R&D activities. For instance, in FY 2021, the company invested approximately 4.6% of its revenue (USD 0.7 billion) in R&D activities. Due to its high focus on R&D activities, KYOCERA capitalizes on the high-growth potential in the global HVDC capacitor market.

Related Reports:

HVDC Capacitor Market by Product Type (Plastic Film Capacitors, Aluminum Electrolytic Capacitors), Technology (LCC, VSC), Installation Type, Application (Energy and Power, Industrial, Commercial) and Geography - Global Forecast to 2030

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

Sunday, 16 October 2022

Stanley Black & Decker (US) and Zebra Technologies (US) are leading players in RTLS Market Of New Era!

 

The RTLS market is estimated to be valued at USD 3.9 billion in 2021 and reach USD 12.7 billion by 2026, at a CAGR of 26.5%. The increasing regulations in various industries to improve safety, workflow, and security and the increasing popularity of ultra-wideband technology-based RTLS solutions are the key factors that will accelerate the growth of the RTLS market during the forecast period. Likewise, growing need for contact-tracing solutions due to COVID-19 pandemic and growing trend of hybrid RTLS solution are expected to create lucrative opportunities for the players in the RTLS market. However, high cost of installation and maintenance and stringent government rules and regulation are expected to restraint market growth.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1322

The RTLS market is expected to be dominated by Stanley Black & Decker (US), Zebra Technologies (US), Aruba Networks (US), Impinj (US), and Savi Technology (US). The major strategies adopted by the key players in the RTLS market included R&D investments, partnerships, collaborations, and acquisitions which helped them to innovate and strengthen their product offerings.

Recent Developments
  • In June 2021, Impinj introduced three next-generation RAIN RFID reader chips that enable IoT device makers to meet the increasing demand for item connectivity in retail, supply chain and logistics.
  • In June 2021, Ubisense launches new UB-Tag with simultaneously UWB and BLE tracking capability simultaneously Ultra-Wideband (UWB) and BLE tracking in a single tag.
  • In October 2021 Zebra Technologies announced its partnership with Fetch robotics. This acquisition happened to accelerate the enterprise asset intelligence and growth in intelligent industrial automation by embracing new modes of empowering workflows.

Stanley Black & Decker (US) and Zebra Technologies (US) are among the major players in the RTLS market.

Stanley Black & Decker (US)

One of the major companies in the RTLS market, is Stanley Black & Decker. The company has also partnered with industry leaders, such as IBM, Intel, Rauland-Borg, and Critical Alert Systems, for research and development in RTLS. In addition, the company has collaborated with different organizations to create awareness about the role of RTLS in patient care and asset management. For instance, in July 2016, the company extended its support to the Alzheimer’s Association. The company showcased its products at various events such as HIMSS 2018. The company has a global presence and has undertaken different strategies to grow in various geographies.

The company has exhaustive offerings in the RTLS market, which include hardware, software, and solutions. Wi-Fi, RFID, BLE, and UWB are among the key technology-based RTLS solutions offered by the company.

Zebra Technologies (US)

The company’s RTLS solutions are equipped with active and passive RFID tags, beacons, and other tracking devices to locate, track, manage, and optimize high-value assets, equipment, and people. The company offers a range of scalable RTLS technologies that generate precise, on-demand information about the physical location and the status of high-value assets. Zebra Technologies also offers an extensive portfolio of marking, tracking, and printing technologies that include barcode, RFID, and sensors. These solutions capture physical events in a digital form to give operational events a virtual voice, thereby enabling organizations to track the location, timing, and accuracy of events occurring throughout their value chain in real-time. The company has a wide geographic presence with representation in North America, Europe, APAC, Middle East, Africa, and South America. It offers products and services in approximately 180 countries. The company has received numerous contracts from different verticals and has collaborated with several industry players across the world to promote its RTLS offerings in diverse applications.

The offerings of the company include hardware, software, as well as solutions in the RTLS market. Wi-Fi, RFID, WhereNet, NFC, BLE, and UWB are among the key technology-based RTLS solutions offered by the company. A few of the clients of Zebra Technologies include National Football League (as an official on-field player-tracking provider), EDA - Electricidade dos Açores, Ford Motor Company, and Troy Design & Manufacturing Company.

Related Reports:

Real-time Location Systems Market (RTLS) with Covid-19 impact analysis by Offering (Hardware, Software, Services), Technology, Vertical (Healthcare, Manufacturing, Retail, Education, Govt, Sports), Application Use Case & Region - Global Forecast to 2026

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

Supervisory control and data acquisition (SCADA) Market size worth $13.2 billion Impact Analysis by 2026

 

Supervisory control and data acquisition (SCADA) is an integration of hardware and software infrastructure used for the real-time monitoring of processes from a remote location and gathering data to control processing equipment. It includes a remote terminal unit (RTU), a programmable logic controller (PLC), a human–machine interface (HMI), and a communication system. The SCADA market is likely to witness significant growth in the coming future; a key driving factor is rising demand for industrial IoT in various industries. The global SCADA market size is projected to grow from USD 9.2 billion in 2021 to USD 13.2 billion by 2026 at CAGR of 7.6% during the forecast period.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19487518

Schneider Electric, Emerson Electric, Rockwell Automation, ABB, Siemens, Honewell International, and Mitsubishi Electric, among others, are some of the key players offering SCADA systems.

To know about the assumptions considered for the study : https://www.marketsandmarkets.com/Market-Reports/scada-market-19487518.html

Schneider Electric

Schneider Electric offers grid automation and SCADA software. The key brands of Schneider in the SCADA market are InduSoft, EcoStruxure, Wonderware, and Foxboro. The acquisition of AVEVA has extended the existing SCADA products portfolio of the company. Schneider Electric also offers human–machine interface operator panels, safety systems, motor starters, sensors, PLCs, PACs, dedicated controllers, supervisory control systems, and asset and operations management solutions.

Rockwell Automation

Rockwell Automation offers hardware, software, and automation components related to SCADA. Products offered under Architecture & Software segment can control industrial processes and handle enterprise information. HMI, as a component of SCADA systems, accepts the challenges in the process, batch, and discrete applications, and improves the productivity in industrial applications. The company offers several software solutions, such as HMI SCADA software, RSView32, and Factory Talk.

Emerson Electric

Emerson Electric offers SCADA systems, especially for the oil & gas, power, and water & wastewater industries. Emerson provides software such as SCADA servers and distributed RTU networks, which are used in different networks and parts of SCADA systems. OpenEnterprise v3, a SCADA platform, is used for remote oil and gas applications. It uses industry-standard protocols and interfaces (DNP3, OPC) in its OpenEnterprise v3 software.

Related Reports:

SCADA market with COVID-19 Impact by Offering (Hardware, Software, Services), Component (Programmable Logic Controller, Remote Terminal Unit, Human‒Machine Interface, Communication System), End User, and Region - Global Forecast to 2026

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

Haptic Technology Market Research Study on Top Vendors Analysis Over The Next Five Years

 

The global haptic technology market size is projected to grow from USD 2.6 billion in 2021 to USD 4.6 billion by 2026, at a CAGR of 12.0%. The market is expected to decline in 2020, mainly due to the impact of COVID-19. The supply chain disruption caused by the pandemic is expected to affect the market significantly. Also, due to lockdown restrictions, companies were not able to source the required labor for their operations due to travel restrictions.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=443

Though the market is expected to be impacted in 2020, it is expected to fully recover by 2021. Increasing integration of haptics in consumer devices is the key factor driving the growth of the haptic technology market. Also, the growing use of haptic technology in automobile safety applications is likely to boost the market growth.

Texas Instruments (US), Johnson Electric (Hong Kong), AAC Technologies (China), TDK (Japan), Microchip Technology (US), Immersion (US), ON Semiconductor (US), Precision Microdrives (UK), Synaptics (US), Ultraleap (UK), Aito BV (Netherlands), Alps Alpine (Japan), Cirrus Logic (US), Dialog Semiconductor (UK), Hap2U (France), Imagis (South Korea), Infineon (Germany), Jinlong Machinery & Electronics (China), Nidec (Japan), and SMK Corporation (Japan) are the key players in the haptic technology market.

Take a Brief Detail of Analysis Report : https://www.marketsandmarkets.com/Market-Reports/haptic-technology-market-443.html

The haptic technology market is competitive, owing to the presence of several players. Key strategies adopted by these players to expand their product portfolio, increase their market share, and expand their presence in the market are agreements and product launches. Many market players adopted agreement as their primary business strategy. For instance, in September 2020, Immersion signed a multi-year license renewal with LG Electronics (South Korea) for continued use of TouchSense software and haptic technologies in its mobile devices. LG is expected to continue the use of Immersion haptic software in its entire range of smartphones. Apart from this, players have also adopted a product launch strategy to expand their offerings. For instance, in June 2019, TDK launched two evaluation kits for haptic feedback. The BOS1901-Kit is designed for and includes three 60 V actuators. The second evaluation kit is suitable not only for the 60 V PowerHap types but also the 120 V types. It is available in two versions: a driver for one actuator and driver for up to five actuators.

Texas Instruments has extensive technical expertise in the haptic technology market that has helped the company to expand its market share. The company is among the few players that offer both haptic hardware as well as haptic software. Robust technological and engineering capabilities in the haptic technology ecosystem provide the company with a competitive advantage. For consumer devices and automotive applications, the company offers advanced haptic solutions such as piezo haptic drivers and microcontrollers, which set new benchmarks for functionality, performance, and lifetime. Texas Instruments has worked toward building an extensive global distribution network for the sale of its haptic solutions. This has helped the company to expand its haptic offerings to the automotive, consumer, medical, and industrial markets in the last few years.

Johnson Electric offers a wide range of products in the haptic technology market. The company is a world-class provider of haptic actuators, especially for the automotive market. Additionally, the company has been an early entrant in the haptic technology market and hence has an in-depth understanding of the industry challenges, which helps the company stay ahead in the competition. Johnson Electric generates its revenue from all major regions across the globe. This non-dependence on a single region for revenue generation is helping the company to take advantage of the growing haptic technology market in regions such as North America and Europe, along with expanding its end-user markets and customer base. The company has manufacturing facilities for its haptic components in almost all major regions of the world. This has helped the company to lower freight costs and inventory levels, reduced exposure to tariffs and foreign exchange rate fluctuations, and overall diversification of operating risk by not being overly reliant on a single country or factory.

Related Reports:

Haptic Technology Market with COVID-19 Impact by Component (Hardware, Software), Feedback Type (Tactile, Force), Application (Consumer Devices, Automotive & Transportation, Healthcare, Commercial & Industrial, Others) and Region - Global Forecast to 2026

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

Friday, 14 October 2022

Siemens AG (Germany) and ABB Ltd. (Switzerland) are Leading Players in the Industrial Services Market

 

The industrial services market typically comprises the services provided by original equipment manufacturers (OEMs) and third-party vendors for process and discrete industries. Industrial services play a key role in achieving operational excellence in these industries. The industrial services offering include engineering & consulting, installation & commissioning, and operational improvement & maintenance. These services assist the end user to improve the reliability, availability, and efficiency of the plant. Moreover, these services help in reducing the unexpected downtime, thereby increasing the productivity of the plant.

Industrial services market is expected to be valued at USD 33.6 billion in 2020 and is expected to reach USD 44.1 billion by 2025, at a CAGR of 5.6% between 2020 and 2025. Key factors driving the demand for industrial services include the growing need for operational excellence, increasing demand for maintenance-as-a-service, and increasing equipment complexity.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=209335409

ABB Ltd. (Switzerland), Emerson Electric Co. (US), General Electric Co. (US), Honeywell International Inc. (US), Schneider Electric SE (France), Rockwell Automation, Inc. (US), Siemens AG (Germany), Yokogawa Electric Corp. (Japan), Mitsubishi Electric Corporation (Japan), Metso Corporation (Finland), and Samson AG (Germany) are among the major players in the industrial services market.

Siemens offers industrial services such as engineering and consultancy, installation, commissioning, maintenance, and training for process and discrete industries. Siemens AG delivers industrial services for its end user in the industry including energy, power, oil & gas, aerospace, food & beverages, marine, mining, and automotive. The company’s industrial services portfolio includes consulting, repair, training, and maintenance. Consulting services include online customer support, technical and engineering consulting to advise about operational process, fault clearance, and status of the plant. Onsite repair services and extended repair services are offered under the repair service segment to confirm the fast restoration of errors detected in the equipment and system. Siemens is working toward offering 3D printing products and solutions to global medical manufacturing companies to speed up the development and manufacturing of medical components. However, due to the pandemic, the factory automation unit and smart infrastructure business of the company would be the hardest hit. The company is continuously monitoring all aspects of the COVID-19 situation, evaluating all new developments, and undertaking measures to protect its employees.

ABB provides industrial services for energy, utilities, transportation, and infrastructure sectors. ABB is a leading power and automation technology company. ABB offers services for products and systems in the process and discrete industries. The company’s service portfolio includes engineering and consulting, installation and commissioning, training, maintenance, and repair. The company’s electrification products business segment offers industrial services such as installation, engineering, training, and technical support to the power distribution sector. Moreover, the discrete automation and motion business segment provides engineering, installation, training, and maintenance services for electric motor and drives in the various industries to increase the flexibility, productivity, and energy efficiency of their plants. In December 2019, ABB has signed a new frame agreement to deliver safety and automation systems across Equinor’s installed base and greenfield projects worldwide, helping minimize cost, schedule, and risk.

Related Reports:

Industrial Services Market with COVID-19 Impact by Type (Engineering & Consulting, Installation & Commissioning, Operational Improvement & Maintenance), Application (MES, Motors & Drives, DCS, HMI, PLC), Industry, and Region - Global Forecast to 2025

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 pain points around revenues decisions.

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