Cleaning Robot Market worth 2.50 Billion USD by 2020

According to a new market research report “Cleaning Robot Market by Product (Floor Robot, Pool Robot, Window Robot, Lawn Robot, Others), by Vertical (Residential, Commercial, Industrial, Healthcare, Others), by Region (North America, Europe, Asia-Pacific, RoW) – Global Forecast to 2020”, the cleaning robot market is expected to reach USD 2.50 Billion by 2020, at a CAGR of 15.3%.

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Globally, the cleaning robot market is expected to witness steady growth owing to the utility of cleaning robots in various verticals. This report segments the cleaning robot market on the basis of product (Floor Robot, Pool Robot, Window Robot, Lawn Robot, Others), vertical (Residential, Commercial, Industrial, Healthcare, Others), and region (North America, Europe, Asia-Pacific, RoW). North America held the largest share of 39.9% in the cleaning robot market, in 2014 and the market in the region is expected to grow at the highest CAGR of 16.2% between 2015 and 2020.
The report contains market size projections, and analyses of trends in the market. Each of these regions has been further split into major countries to analyze the regional cleaning robot market.
This report also describes drivers, restraints, opportunities, and challenges for the growth of the cleaning robot market. The factor which is driving the market is the increase in the demand of cleaning robots owing to the rise in labor costs. Cleaning robot becomes a one-time investment for individuals exploring cost-effective cleaning services. Further, with technological improvements in vacuum cleaners; highly advanced, small-sized, and efficient cleaning appliances are being developed. These robots can easily fit into limited spaces compared to traditional robots. The emergence of futuristic robotics is supporting the innovation of smaller but technologically advanced and cheaper cleaning robots. Therefore, the development of small-sized cleaning robots serves to be a significant driving factor for the growth of this market.

The cleaning robot market has been segmented into various verticals– residential, commercial, industrial, and healthcare, among others. The others category includes verticals such as small business units and contract service providers. The residential vertical segment led the global cleaning robot market in 2014, and accounted for a share of 59.4%. In 2014, the floor cleaning robot segment held the largest share of 59.8% of the market for the residential vertical.

The research study is aimed at identifying emerging trends and opportunities in the global cleaning robot market along with detailed classifications, and size in terms of value and volume. It provides a comprehensive competitive landscape and identifies the key players with respect to market size and market share. The research study also includes a detailed segmentation of the global cleaning robot market on the basis of products, verticals, and geography.

Apart from the market segmentation, this report also uses the Porter’s five forces, which provides an in-depth analysis of the market providing a detailed process flow diagram and market dynamics such as drivers, restraints, and opportunities in the cleaning robot market.

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Some of the companies involved in the market include Dyson Ltd. (Cotswolds, U.K.), Ecovacs Robotics, Inc. (U.S.), Infinuvo (U.S.), iRobot Corporation (Bedford, MA), Koninklijke Philips N.V. (Netherlands), LG Electronics, Inc. (Seoul, South Korea), Neato Robotics, Inc. (Newark, U.S.), Samsung Electronics Co., Ltd. (Suwon, South Korea)

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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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Structured Cabling Market worth $13.13 Billion by 2020

According to a new market research report “Structured Cabling Market by Solution Type (Products, Services and Software), Vertical (IT & Telecommunication, Residential & Commercial, Government & Education, Transportation, Industrial and Others) and geography – Global forecast to 2020″, the global structured cabling market was valued at $7.72 Billion in 2014 and is expected to reach up to $13.13 Billion by 2020, at a CAGR of 9.0% between 2015 and 2020.

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Structured cabling system can be defined as a set of cables & connectivity products that are used for the integration of various management systems to enable the transmission of voice, data, and video signals. The structured cabling market has faced its highs and lows, however has managed to register a healthy growth rate. This market is expected to witness moderate growth during the forecast period. The demand for high-speed connectivity devices & systems, trend of data center convergence, and expansion of the communication infrastructure are some of the primary factors that are contributing to the growth of this market. The extensive growth of LED lighting systems market, transition from analog to IP-based video surveillance systems, and increasing usage of FTTH/FTTP are expected to drive the market in the future.

This report provides a detailed analysis of the overall structured cabling market and segments the same based on component, application, vertical, and geography.

The objective of the research study was to analyze the market trends for each of the industries, the growth rates of the various solution types, and the demand comparison for all industry verticals. The structured cabling market has been segmented based on solution type into products, services, and software which are the crucial components of a structured cabling system which is formed by the integration of various management systems to combine the voice, data, and video signals.
Apart from the market segmentation, the report also covers the Porter’s Five Forces analysis, the market’s value chain with a detailed process flow diagram, and the market dynamics such as the drivers, restraints, and opportunities in the overall structured cabling market.

The major players in the structured cabling market have also been profiled in this report. The company profile section covers the profiles of the top 10 players in this market. It provides information about their business overview along with products & services offered, key strategies and recent developments, and the MnM view for the profiled companies.

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This report profiles all the major companies involved in the structured cabling market such as
CommScope, Inc. (U.S.), Nexans S.A. (France), Panduit Corp. (U.S.), Legrand (France), Corning, Inc. (U.S.), Belden, Inc. (U.S.), ABB Ltd. (Switzerland), Schneider Electric SE (France), Panduit Corp. (U.S.), and Siemon (U.S.).

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MarketsandMarkets is 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 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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Aircraft Fuel Systems Market worth 9.15 Billion USD by 2020

The report “Aircraft Fuel Systems Market by Application (Commercial, Military and UAV), Engine Type (Jet engine, Turboprop engine, Helicopter engine and UAV engine), Component, Technology & Region – Global Forecasts to 2020 ” defines and segments the global aircraft fuel systems market with an analysis and forecast of the market size. The global aircraft fuel systems market is expected to reach USD 9.15 Billion by 2020 from USD 6.52 Billion in 2015, at a CAGR of 7.0% during the forecast period.

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A number of factors, such as increasing commercial aircraft deliveries, modernization of military aircrafts, and development in the commercial aviation sector are driving the growth of aircraft fuel system market. With oil prices being highly fluctuating, aircraft operators are looking for more fuel-efficient aircrafts. The weight of the aircraft plays a very important role in increasing the fuel efficiency aircrafts. Innovations are being made by the aircraft fuel system manufacturers to develop fuel systems made of lightweight composites to make the aircrafts more fuel-efficient. The increase in the fuel efficiency of the aircrafts has led to decline in operating costs, thus resulting in growth in the aircraft fuel systems market.

The economic slowdown in North America and Europe are forcing the countries in this regions to decrease their defense spending’s, which is one of the restraints for the growth of the aircraft fuel systems market.

In the year 2015, the number of commercial aircraft deliveries is expected to be the highest in Asia-Pacific making it the largest market for aircraft fuel systems, which is anticipated to be followed by North America and Europe. The Middle East being a central hub between Asia-Pacific and North America is expected be the fastest-growing market for aircraft fuel systems followed by Asia-Pacific.

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Some of the key players operational in this market include Eaton Corporation Plc (U.S.), Parker Hannifin Corporation (U.S.), Woodward, Inc. (U.S.), Honeywell International, Inc. (U.S.), Triumph Group, Inc. (U.S.), Meggitt PLC (U.K.), United Technologies Corporation (U.S.), GKN PLC (U.K.), and Zodiac Aerospace (France).

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MarketsandMarkets is 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 multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

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

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

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System in Package (SiP) Market worth $18.10 Billion by 2020

According to a new market research report “System in Package (SIP) Market by Technology (2D, 2.5D & 3D), by Type (BGA, SMT, QFP, SOP), Interconnection Technology (Flip-Chip & Wire-bond), Applications (Communications, Consumer, Automotive, Medical) and Geography (N. America, Europe, APAC & ROW) Global Trends & Forecasts to – 2014 – 2020″ the total System in Package (SiP) market is expected to reach $18.10 billion by 2020, growing at a CAGR of 9.57% from 2013 to 2020.

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The advance packaging has given a rise to innovative safety systems in automotive and transportation sector which will drive the System in Package (SiP) market; for example, Local Interconnect Network (LIN) solutions within the vehicle for operating the devices was introduced by Atmel Corporation (U.S.). In the overall System in Package (SiP) market, the consumer electronics sector will be the highest revenue generator and lead the market from the demand side. Semiconductor industry has a trend of outsourcing advance packaging and testing services, in which, most of the players are from the Asia-Pacific region.

The concept of System in Package (SiP) came into major attention when increasing demands for miniaturization and higher functionality at lower cost process was introduced by advance semiconductor packaging industries. As the ICs and the major electrical component were packaged into a single module, this had increased the overall performance, reliability, and efficiency of the module.

The report’s detailed segmentations by technology, packaging type, interconnection technology, applications, and geography cover all the existing and emerging technologies in the System in Package (SiP) market. The major packaging technologies that have been extensively covered in the report are 2D, 2.5D, and 3D IC packaging; the packaging types covered are Ball Grid Array (BGA), Surface Mount Technology (SMT), Quad Flat Package (QFP), and Small Outline Package (SOP); and the interconnection technologies for packaging are flip chip and wire bond technologies.

The application segmentation of the market covers all the major applications like consumer electronics, communication, medical, industrial, automobile and transportation, and military, defense, and aerospace in detail.

One of the objectives of the research study was to analyze the market trends for each of the System in Package (SiP) technologies; and the growth rates of the various packaging type and interconnection technologies.

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Apart from market segmentation, the report also includes in depth analysis like the Porter’s five force analysis, value chain with detailed process flow diagram, and market dynamics such as drivers, restraints, and opportunities for the overall System in Package (SiP) market.

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MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

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Industrial Services Market worth 35.41 Billion USD by 2023

According to the new market research report "Industrial Services Market by Type (Engineering and Consulting, Installation and Commissioning and Operational Improvement and Maintenance), Application (PLC, SCADA, HMI, DCS, MES, Electric Motors & Drives, Valves & Actuators, and Safety Systems), Industry, and Region - Global Forecast to 2023", the industrial services market is expected to be valued at USD 35.41 Billion by 2023, growing at a CAGR of 5.4% between 2017 and 2023. The factors that are driving the growth of this market are the growing need for operational excellence, increasing demand for maintenance as a service, and increasing equipment complexity.

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“Industrial services market for operational improvement and maintenance services expected to grow at the highest CAGR during the forecast period”

The industrial services market for operational improvement and maintenance services is expected to grow at the highest CAGR between 2017 and 2023. The operational improvement and maintenance services help the end users to improve the lifecycle of the asset and reduce the downtime. Growing equipment complexity would help the market for scheduled maintenance to grow in the coming years.

“The industrial services market for the automotive industry to grow at a highest CAGR between 2017 and 2023”

Among various industries, the automotive industry accounted for the highest CAGR of the overall industrial services market between 2017 and 2023. In the automotive industry, there are processes such as welding, cleaning, and assembly, which are time-consuming and hence need to be automated. The use of micro PLC helps in monitoring the production processes, thereby reducing the time required for production and resulting in increased efficiency. The growing demand for micro and nano PLCs in the automotive industry is driving the industrial services market.

“Asia Pacific expected to lead the industrial services market between 2017 and 2023”

Asia Pacific is expected to hold the largest size of the industrial services market during the forecast period. This growth is mainly attributed to the expansion of industrial automation and related services in China, Japan, and India. With the growing trend of cloud connectivity in the APAC, industries would adopt Industrial Internet of Things (IIoT)-based remote monitoring and predictive maintenance services in this region.

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The major players operating in the industrial services market are Omron Corporation (Japan), Mitsubishi Electric (Japan), Fuji Electric (Japan), Yaskawa (Japan) Schneider Electric (France), Wood Group Mustang (US), SKF AB (Sweden), ATS Automation (Canada), INTECH Process Automation (US), and Dynamysk Automation Ltd (Canada).

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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 5000 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.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Digital Signage Software Market 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.

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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.

North America held the largest market share in 2016, while APAC expected to witness the highest growth rate between 2017 and 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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Some key players in this region include Scala, Inc. (US), Planar Systems, Inc. (US), Broadsign International LLC (Canada), and Omnivex Corporation (Canada).

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 5000 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.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Augmented Reality Market worth 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).

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 5000 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.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’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.

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