Time-of-Flight (ToF) Sensor Market expected $6.9 billion by 2025

 

According to the new research report, "Time-of-Flight (ToF) Sensor Market by Resolution (QQVGA, HQVGA, QVGA, & VGA), Application (Augmented Reality & Virtual Reality, LIDAR, Machine Vision, 3D Imaging & Scanning, and Robotics & Drone), Product Type, Vertical and Geography - Global Forecast to 2025" is expected to grow from USD 2.8 billion in 2020 to USD 6.9 billion by 2025, at a CAGR of 20.0%. The growth of this market is mainly driven by the increasing demand for ToF sensors from the automotive industry and growing adoption of 3D cameras in smartphones and increasing use of such smartphones. The increasing adoption of 3D machine vision systems in industries such as aerospace & defense, consumer electronics, and healthcare and growing deployment of Industry 4.0 are expected to provide major opportunities for the growth of the ToF sensor market.

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AR & VR application to witness highest CAGR during 2020–2025

The implementation of ToF sensors in 3D cameras will boost the ToF sensor market growth for AR and VR applications. Additionally, the use of AR heads-up displays (HUDs) in automobiles ensures comfortable and safe driving. AR-based HUDs allow drivers to see the virtual information projected on the display. AR-based HUDs enable ADAS to display visual warning alerts. The rising demand for AR HUDs and projectors is driving the growth of the ToF sensor market. Simiarly, VR systems are increasingly being used in entertainment, education, healthcare, and industrial applications, among many others. VR helps users to simulate complex tasks in a virtual space. The use of sensing technology in a VR devices makes it easier for users to have a realistic experience in a virtual space through sophisticated and accurate location/motion detection. For that, VR systems use ToF sensors for measuring the distance to an object.

Consumer electronics vertical expected to exhibit highest CAGR in ToF sensor market from 2020 to 2025

The ToF sensor market for the consumer electronics vertical is expected to grow at the highest CAGR from 2020 to 2025. Rising demand for 3D-enabled devices in consumer electronics and increasing users of smartphones are the key factors for the growth of the ToF sensor market for consumer electronics. Application areas of ToF sensors in consumer electronics include smartphones, wearables, tablet PCs, cameras, etc. Various ToF sensors such as image, position, and ultrasonic sensors are used in these consumer electronic devices. High reliability, low-power consumption, low cost, and easy integration are the drivers for the integration of 3D sensing technology in consumer electronics. The rising demand for these consumer electronic devices is surging the demand for ToF sensors, which, in turn, gives an impetus to further advancements in ToF technology.

Growing demand for smartphones will boost demand for ToF sensor in APAC during forecast period

The ToF sensor market in APAC is expected to grow at the highest CAGR during the forecast period owing to the rapid industrialization and high adoption of consumer electronics in developing countries such as China, India, and the Philippines in this region. The easy availability of low-cost labor has led to increased manufacturing of different electronic components and devices in this region, thereby leading to the emergence of APAC as a global manufacturing hub. This, in turn, has led to increased demand for ToF sensors for monitoring and inspection applications in the manufacturing industry of the region.

Key players in the time-of-flight (ToF) sensor market are Texas Instruments (US), STMicroelectronics NV (Switzerland), Infineon Technologies AG (Germany), Panasonic Corporation (Japan), Teledyne Technologies Incorporated (US), Keyence Corporation (Japan), pmd Technologies AG (Germany), Sharp Corporation (Japan), Sony Corporation (Japan), and Melexis NV (Belgium). These players are increasingly adopting growth strategies such as product launches and developments, partnerships, collaborations, agreements, and acquisitions to develop and introduce new technologies and products in the market.

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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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Industrial PC Market expected to reach $5.7 billion by 2025

 

According to the new market research report "Industrial PC Market by Type (Panel, Rack Mount, Box, Embedded, and DIN Rail), Data Storage (HDD, SSD), Sales Channel (Direct, Indirect), Maximum RAM Capacity, Industry (Process, Discrete), and Region - Global Forecast to 2025", is estimated to reach USD 5.7 billion by 2025 from USD 4.4 billion in 2020, growing at a CAGR of 5.4%. The market growth is fueled by increasing demand for industrial IoT, a steady shift towards digitalized manufacturing from traditional methods, growing awareness for resource optimization in manufacturing industries, and stringent regulatory compliances.  

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“Panel IPC to hold the largest size of the industrial PC market from 2020 to 2025.”

Panel industrial PCs are the most commonly used industrial PCs in the process and discrete industries for data acquisition and process control operations. These PCs are designed to operate in rugged industrial environments to meet the requirements of visualization applications in the manufacturing industries. The distinctive features of panel industrial PCs include compact chassis, high performance, enhanced flexibility, improved safety control, and user-friendly touchscreens.

“SSD market to grow at higher CAGR during the forecast period”

The solid-state drive (SDD) data storage medium is made from silicon microchips used in industrial PCs. One of the most significant attributes of SSD is that it is devoid of mechanical parts, which allows swift and smooth data transfer to and from the storage medium. Due to this, the data transfer occurs at a considerably higher speed, thereby enhancing the expectable lifespan of this storage medium. This data storage medium offers several advantages over conventional rotating data storage medium.

The distinguishing features of SSD include its quick operation, lighter weight, high reliability, and enhanced energy efficiency. These characteristics are expected to propel the demand for industrial PCs incorporated with SSD across a wide range of industries. Also, the declining ASP of SSD devices is boosting their adoption in an extensive range of industrial practices.

“Direct sales market for industrial PC to grow at higher CAGR during the forecast period”

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

 “Industrial PC market for discrete industries to grow at higher CAGR from 2020 to 2025”

The discrete industries are often characterized by the production of individual or separate units; wherein units can be produced in low volume with high complexity or high volumes with low complexity. The increasing demand for improved process flexibility and enhanced efficiency, comprehensive integration of quality and regulatory requirements, harmonized production processes for optimum supply chain management, and the constant pressure of reducing maintenance and operation costs in the discrete industries are expected to propel the adoption of industrial PCs in these industries in the near future. In addition, the advent of novel technologies and materials, an increasing number of market players venturing in the markets, and rising necessity of sustained plant productivity and efficiency, among others, are expected to fuel the growth of the industrial PC market for the discrete industries.

“APAC to be the fastest-growing market for industrial PCs during forecast period”

The industrial PC market in APAC is expected to grow at the highest CAGR during 2020—2025. Rapid industrialization, increasing infrastructural investments in the energy & power sector, and favorable government policies encouraging foreign players to enter the industrial PC market in APAC are expected to augment the growth of the market during the forecast period. The high-tech medical devices manufacturing companies are actively focusing on geographical expansions due to the growing demand for healthcare services, increasing concern pertaining to health, and rising investments in R&D. This is likely to fuel the growth of the industrial PC market in APAC during the forecast period.

Major players involved in the global industrial PC market include Advantech (Taiwan), Beckhoff International (Germany), Siemens (Germany), IEI Integration Corporation (Taiwan), Kontron S&T (Germany), Nexcom International (Taiwan), ABB (Switzerland), Avalue Technology (Taiwan), DFI (Taiwan), and American Portwell Technology (US).

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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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Structured Cabling Market expected to reach $13.5 billion by 2025

 

The report "Structured Cabling Market with COVID-19 Impact Analysis, by Solution Type, Cable Type (Category 5E, Category 6, Category 6A), Vertical (IT & Telecommunications, Residential & Commercial, Government & Education), and Geography-Global Forecast to 2025", is expected to grow from USD 10.9 billion in 2020 to USD 13.5 billion by 2025, at a CAGR of 4.3%. The market growth can be attributed to several factors, such as increasing demand for high-speed connectivity devices & systems, rising trend of data center convergence, and growing investments in communication infrastructure.

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Product segment held the largest share of the structured cabling market in 2019

The structured cabling market has been segmented based on solution type into product, service, and software, which are required to establish and maintain the overall network infrastructure. The product segment, which comprises the hardware to set-up the network in the structured cabling system, accounted for the largest market share in 2019. Structured cabling products such as cables, communication outlets, racks & cabinets, and others are widely used in residential & commercial, IT & telecommunications, and other verticals to set up the communication & IT network infrastructure.

Category 6 cable type held the largest share of the structured cabling market in 2019

Category 6 cable type is currently holding the largest share in the structured cabling market. This cable is defined in TIA/EIA-568-B and provides a significant improvement in performance over category 5 and category 5e. Cat-6 cables can support speeds of up to 10 Gbps, but can only do so for up to 55 meters, which makes them relatively long Ethernet cables.

North America is leading the market for structured cabling in 2019

North America held the largest share in the structured cabling market in 2019. The growing demand for IP-based video surveillance systems & access control systems, the expanding network of intelligent transport systems, and the higher penetration rate of smart homes are some of the factors driving the growth of the structured cabling market. Moreover, the presence of several key players in North America with a broad structured cabling product portfolio for various industries is supporting the growth of the regional market.

Some of the key companies operating in the market are CommScope (US), Nexans S.A. (France), Panduit Corp. (US), Legrand (France), Corning Inc. (US), Belden, Inc. (US), Schneider Electric (France), Siemon (US), Furukawa Electric Co., Ltd. (Japan), and R&M (Switzerland), and so on.

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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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Underfloor Heating Market expected to reach $6.6 billion by 2025

 

According to the research report "Underfloor Heating Market by Offering (Hardware, Services), Subsystem (Heating System, Control System), System Type (Hydronic, Electric), Application (Residential, Commercial, Industrial), Component, Installation Type, Region - Global Forecast to 2025", the underfloor heating market size is estimated to grow from USD 4.6 billion in 2020 to USD 6.6 billion by 2025, at a CAGR of 7.3%. Strong government support and incentives for the development and adoption of energy-efficient heating solutions is one of the factors fueling the growth of this market.

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“Hardware offerings accounted for larger share of underfloor heating market in 2019.”

Hardware offerings accounted for a larger share of the underfloor heating market in 2019. The growth of the market is attributed to the increasing demand for hardware such as heating pipes and cables, distribution units, and manifolds for use in hydronic and electric underfloor heating systems.

“Market for new installations of underfloor heating systems expected to grow at highest CAGR during forecast period”

New installations would dominate the underfloor heating market during the forecast period mainly because of favorable government regulations and tax credit facilities on the installation of energy-efficient systems and a high focus on energy saving and minimizing energy bills. Underfloor heating systems also reduce installation cost in new builds where developers use on-site laborers to install basic systems and use specialist contractors to commission and connect electric systems and boilers.

“Market for control systems integrated into underfloor heating systems expected to grow at higher CAGR during forecast period”

The market for control systems integrated into underfloor heating systems is expected to grow at a higher CAGR during the forecast period. The growth of the control system is mainly due to the rising adoption of sensors and control interfaces. Apart from this, energy-efficiency-related standards laid by various countries in Europe would further increase the adoption of smart devices and control systems, which would subsequently increase the adoption of control systems for use in underfloor heating systems.

“Residential application accounted for largest share of underfloor heating market in 2019”

The residential application held the largest share of the underfloor heating market in 2019due to the increasing awareness about the benefits of underfloor heating systems in residential properties. The high growth rate of the underfloor heating market for the residential application is mainly due to the growing refurbishment activities in many developed nations. Underfloor heating is considered to be ideal for new builds and also becoming more popular for renovations because of new product innovations in this area.

“Europe is expected to dominate underfloor heating market during forecast period”

The European market is expected to grow at the highest CAGR during the forecast period due to the growing trends of zero-carbon emissions and tax-credit benefits policies adopted by various governments in European countries. Also, many players are offering portable electric underfloor heating systems in Europe, which would further increase the adoption of underfloor heating systems.

Uponor (Finland), Honeywell (US), nVent Electric (UK), Warmup (UK), and Rehau (Switzerland) are the key players in the underfloor heating market. These players are increasingly undertaking strategies such as product launches and developments, partnerships, agreements, and contracts to increase their market share.

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.

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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Cleaning Robot Market expected to reach 4.34 Billion USD by 2023

 

According to the new 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.

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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.

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.

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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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.

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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Human Machine Interface Market expected to reach $5.6 billion by 2025

 

The report "Human Machine Interface Market (HMI) by Offering (Hardware (Basic HMI, Advanced PC-Based HMI, Advanced Panel-Based HMI) and Software (On-Premise HMI and Cloud-Based HMI)), Configuration (Stand-Alone HMI and Embedded HMI) - Global Forecast to 2025", was valued at USD 4.3 billion in 2020 and is expected to reach USD 5.6 billion by 2025, at a CAGR of 5.2% over the forecast period. Factors that drive the growth of the market include the surging adoption of industrial automation in the manufacturing sector, the evolution of industrial internet of things (IIoT), growing demand for smart automation solutions, and rising need for efficiency and monitoring in manufacturing plants.

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Configuration-wise, embedded HMI segment to dominate HMI market during forecast period

The human machine interface market for embedded HMI is expected to hold the largest share of the market by 2025. Embedded HMIs offer an integrated environment which is much simpler and user-friendly. These HMIs help to significantly enhance efficiency, which has favored their adoption among end users. Hence, the embedded HMI market is expected to witness notable growth throughout the forecast period. Embedded HMIs are combined with powerful hardware and software platforms to use device capabilities to their fullest extent. Furthermore, a connected embedded platform is a part of an intelligent system; it is connected to a network that enables easy communication between two machines and provides easy access to the operator.

Offering-wise, software segment to capture highest CAGR during forecast period

HMI software allows operators to interact, manage, and operate a system while also allowing the acquisition of data for processing. HMI software includes configuration software, data acquisition software, data analysis software, monitoring and controlling software, and programming software. The HMI software segment has been further divided into on-premise HMI solutions and cloud-based HMI solutions. Manufacturing companies are increasingly adopting advanced technologies, such as cloud-based solutions, to gain a competitive advantage by improving the efficiency of manufacturing processes, which is encouraging the adoption of more scalable and flexible HMIs.

Process industry-wise, pharmaceuticals segment is anticipated to register highest CAGR from 2020 to 2025

The pharmaceuticals industry discovers, produces, and markets drugs and medicines across the world.  Pharmaceutical companies need better control over operations to keep pace with the innovations taking place in the industry. Maintaining safety, consistency, and efficiency in manufacturing processes is the basic requirement of the pharmaceuticals industry to ensure that products are of the highest quality. Thus, pharmaceutical companies are using HMI solutions to minimize downtime, reduce cost of operations, and gain process visibility.

HMI market in APAC to grow at highest CAGR from 2020 to 2025

The human machine interface market in APAC is expected to grow at the highest CAGR from 2020 to 2025. The adoption of HMI solutions in APAC is high due to the burgeoning growth of the manufacturing sector in the region. Various industries are shifting their manufacturing bases in APAC to capitalize on the availability of skilled, cheap labor in the region, which has transformed it into a major manufacturing hub. The process and discrete manufacturing industries present in the region are progressively adopting automated technologies, which is one of the major factors driving the growth of the HMI market in APAC.

Notable companies present in the APAC human machine interface market include Advantech Co, Ltd (Taiwan), Emerson Electric Co. (US), General Electric (US), Honeywell International, Inc (US), Mitsubishi Electric Corporation (Japan), Schneider (Europe), and Yokogawa (Japan).

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.

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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Biometric System Market expected to reach $68.6 billion by 2025

 

The report "Biometric System Market with COVID-19 Impact by Authentication Type (Single-Factor: Fingerprint, Iris, Face, Voice; Multi-Factor), Offering (Hardware, Software), Type (Contact-based, Contactless, Hybrid), Vertical, and Region - Global Forecast to 2025", is expected to grow from USD 36.6 billion in 2020 to USD 68.6 billion by 2025; it is estimated to grow at a CAGR of 13.4% during the forecast period. The major factors driving the market include the increasing use of biometrics in consumer electronic devices for authentication and identification purposes, the growing need for surveillance and security with the heightened threat of terrorist attacks, and the surging adoption of biometric technology in automotive applications.

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“Multi-factor authentication are expected to to be the fastest-growing market for biometric system market during the forecast period”

The growing demand for multi-factor authentication is attributed to the rising need for additional security against the theft of sensitive data, especially in government and defense verticals. Combining multiple identifiers adds an extra level of protection, making the system more effective, accurate, and reliable. In addition, a multimodal biometric system can reduce the failure to enroll (FTE) and failure to capture (FTC) rates. The rapid development of biometric smart cards for payment and identification purposes is expected to drive the growth of the multi-factor authentication segment.

“Hybrid biometric system market is expected to be the fastest-growing segment during the forecast period”

The highest CAGR of hybrid biometric systems is attributed to the increasing adoption of efficient and reliable biometrics. Multimodal biometric solutions offer enhanced safety against spoofing or forgery through multi-level authentication. In addition, many countries, such as the US, India, and the UK, have adopted multimodal authentication systems (a combination of two or three biometric modalities, using contact-based or contactless systems) for security checkpoints at country borders due to the heightened threat of terrorist attacks.

“RoW to be the fastest-growing market for biometric system during the forecast period”

The biometric system market in RoW has been further segmented into the Middle East & Africa and South America. The Middle East is one of the fastest-growing economies in the world in terms of infrastructure, electronics industry, and other technological advancements. The growth of the biometric system market in the Middle East & Africa can be attributed to their unique geographic location, airport hubs, and increasing passenger traffic. The government sector is the primary investor in the biometric system market in the Middle East, mainly for the national ID projects; the banking sector is another major contributor to market growth in the region. The adoption of biometrics technology in other sectors such as residential and commercial security, healthcare, and travel & immigration is comparatively low, but it is expected to increase in the next few years.

Major companies involved in the development and supply of biometric system are Thales (France), Safran (France) , NEC (Japan), ASSA ABLOY (Sweden), and Fujitsu (Japan).

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.

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, "Knowledgestore" 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.

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