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Industrial Control Systems Market - Industry Data, Trends, Stats | Market Research Future 2023
Market Analysis
The global industrial control systems market size will develop at a healthy CAGR between 2018- 2023 (forecast period), as per the new Market Research Future (MRFR) analysis. Industrial control systems or ICS, simply put, is an assembly of industrial control, networks, industrial devices, and systems that are used for automating and operating the industrial processes. It is an integration of software and hardware facilitated with network connectivity for supporting the essential systems, processes, and assets.
Various factors are fuelling the global industrial control systems market growth. According to the recent MRFR market estimates, such factors include the emergence of IoT, growing need for industrial software and process automation, rising number of sophisticated cyber-attacks on ICS systems, and the burgeoning need for compliance with different upcoming regulations.
On the flip side, high procurement costs, impact of the COVID-19 pandemic, and lack of technical efficiency may impede the global industrial control systems (ICS) market growth.
Market Segmentation
The MRFR report throws light on an inclusive segmental analysis of the global industrial control systems market based on application, components, and control systems.
By control systems, the global industrial control systems market is segmented into hybrid (hybrid of DCS and SCADA), distributed control system (DCS), and supervisory control and data acquisition (SCADA).
By components, the global industrial control systems market is segmented into SCADA communication systems, remote terminal unit (RTU), programmable logic controller (PLC), human machine interface (HMI), and others (remote diagnostics and maintenance, control server).
By application, the global industrial control systems market is segmented into water and water-waste treatment, automobile industry, pharmaceutical industry, oil and gas, electrical power (distribution, transmission, and generation), and others (transportation, defense, and aerospace).
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Regional Analysis
By region, the global industrial control systems market covers the growth opportunity and recent trends across Europe, the Asia Pacific (APAC), North America, and the Rest of the World (RoW). Of these, North America will dominate the market over the forecast period. Increasing need for reliable and safer process automation in different sectors like oil and gas, water and water-waste treatment, transportation, utilities, and others, substantial technological advances and uptake, increasing industrialization, growing demand for safety features in industries, and the presence of some well-established industries are adding to the global industrial control systems market growth in the region.
The global industrial control systems market in Europe is predicted to have the second-largest share over the forecast period. Growing manufacturing sector, adoption of new technologies like IoT, application of industry 4.0 in manufacturing, and demand for modernization, cloud computing, and smart grid are adding to the global industrial control systems market growth in the region.
In the APAC region, the industrial control systems market is predicted to grow at a fast pace over the forecast period. Adoption of IoT and industry 4.0, increasing modernization, increase in the production of automobiles in Japan, China, and India, presence of number of vendors, the advances in industrial safety technology, increasing population, industrialization, and urbanization, improving economic conditions, and demand for water, energy, and waste-water treatment systems are adding to the global industrial control systems market growth in the region.
The global industrial control systems market in Rest of the World is predicted to have sound growth over the forecast period.
Key Players
The prominent players profiled in the global industrial control systems market report include Alstom (France), Yokogawa Electric Co (Japan), General Electric Co (US), Emerson Electric Co (US)., Omron Co (Japan), Rockwell Automation (US), Siemens AG (Germany), Honeywell International Inc (US), Schneider Electric (France), and ABB Ltd (Switzerland), among others.
The industrial control systems market is fragmented and competitive with the presence of several international and domestic market players. These players have incorporated several strategies to stay at the forefront and also cater to the customers growing needs, such as contracts, collaborations, joint ventures, and partnerships, and others. Besides, they are also investing in research and development activities to strengthen their portfolios and also create hold in the market.
Industry Updates
March 2021- White House is creating a plan for securing industrial control systems.
Table of Content:
5 Industry Overview Of Global Industrial Control Systems Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
7 Global Industrial Control Systems Market By Control System
7.1 Introduction
7.2 SCADA
7.2.1 Market Estimates & Forecast, 2020–2027
7.2.2 Market Estimates & Forecast By Region, 2020–2027
7.3 DCS
7.3.1 Market Estimates & Forecast, 2020–2027
7.3.2 Market Estimates & Forecast By Region, 2020–2027
7.4 Hybrid
7.4.1 Market Estimates & Forecast, 2020–2027
7.4.2 Market Estimates & Forecast By Region, 2020–2027
8 Global Industrial Control Systems Market By Components
8.1 Introduction
8.2 HMI
8.2.1 Market Estimates & Forecast, 2020–2027
8.2.2 Market Estimates & Forecast, By Region, 2020–2027
8.3 PLC
8.3.1 Market Estimates & Forecast, 2020–2027
8.3.2 Market Estimates & Forecast, By Region, 2020–2027
8.4 RTU
8.4.1 Market Estimates & Forecast, 2020–2027
8.4.2 Market Estimates & Forecast, By Region, 2020–2027
8.5 Scada Communication Systems
8.5.1 Market Estimates & Forecast, 2020–2027
8.5.2 Market Estimates & Forecast, By Region, 2020–2027
8.6 Others
8.6.1 Market Estimates & Forecast, 2020–2027
8.6.2 Market Estimates & Forecast, By Region, 2020–2027
9 Global Industrial Control Systems Market By Application
9.1 Introduction
9.2 Electrical Power
9.2.1 Market Estimates & Forecast, 2020–2027
9.2.2 Market Estimates & Forecast, By Region, 2020–2027
9.3 Oil & Gas
9.3.1 Market Estimates & Forecast, 2020–2027
9.3.2 Market Estimates & Forecast, By Region, 2020–2027
9.4 Pharmaceutical
9.4.1 Market Estimates & Forecast, 2020–2027
9.4.2 Market Estimates & Forecast, By Region, 2020–2027
9.5 Automobile
9.5.1 Market Estimates & Forecast, 2020–2027
9.5.2 Market Estimates & Forecast, By Region, 2020–2027
9.6 Water & Water-Waste Treatment
9.6.1 Market Estimates & Forecast, 2020–2027
9.6.2 Market Estimates & Forecast, By Region, 2020–2027
9.7 Others
9.7.1 Market Estimates & Forecast, 2020–2027
9.7.2 Market Estimates & Forecast, By Region, 2020–2027
10. Global Industrial Control Systems Market By Region
10.1 Introduction
10.2 North America
10.2.1 Market Estimates & Forecast, By Country, 2020–2027
10.2.2 Market Estimates & Forecast, By Control System, 2020–2027
10.2.3 Market Estimates & Forecast, By Components, 2020–2027
10.2.4 Market Estimates & Forecast, By Application, 2020–2027
10.2.5 US
10.2.5.1 Market Estimates & Forecast, By Control System, 2020–2027
10.2.5.2 Market Estimates & Forecast, By Components, 2020–2027
10.2.5.3 Market Estimates & Forecast, By Application, 2020–2027
10.2.6 Canada
10.2.6.1 Market Estimates & Forecast, By Control System, 2020–2027
10.2.6.2 Market Estimates & Forecast, By Components, 2020–2027
10.2.6.3 Market Estimates & Forecast, By Application, 2020–2027
10.2.7 Mexico
10.2.7.1 Market Estimates & Forecast, By Control System, 2020–2027
10.2.7.2 Market Estimates & Forecast, By Components, 2020–2027
10.2.7.3 Market Estimates & Forecast, By Application, 2020–2027
10.3 Europe
10.3.1 Market Estimates & Forecast, Country, 2020–2027
10.3.2 Market Estimates & Forecast, By Control System, 2020–2027
10.3.3 Market Estimates & Forecast, By Components, 2020–2027
10.3.4 Market Estimates & Forecast, By Application, 2020–2027
10.3.5 Germany
10.3.5.1 Market Estimates & Forecast, By Control System, 2020–2027
10.3.5.2 Market Estimates & Forecast, By Components, 2020–2027
10.3.5.3 Market Estimates & Forecast, By Application, 2020–2027
10.3.6 UK
10.3.6.1 Market Estimates & Forecast, By Control System, 2020–2027
10.3.6.2 Market Estimates & Forecast, By Components, 2020–2027
10.3.6.3 Market Estimates & Forecast, By Application, 2020–2027
10.3.7 France
10.3.7.1 Market Estimates & Forecast, By Control System, 2020–2027
10.3.7.2 Market Estimates & Forecast, By Components, 2020–2027
10.3.7.3 Market Estimates & Forecast, By Application, 2020–2027
10.3.8 Rest Of Europe
10.3.8.1 Market Estimates & Forecast, By Control System, 2020–2027
10.3.8.2 Market Estimates & Forecast, By Components, 2020–2027
10.3.8.3 Market Estimates & Forecast, By Application, 2020–2027
10.4 Asia-Pacific
10.4.1 Market Estimates & Forecast, By Country, 2020–2027
10.4.2 Market Estimates & Forecast, By Control System, 2020–2027
10.4.3 Market Estimates & Forecast, By Components, 2020–2027
10.4.4 Market Estimates & Forecast, By Application, 2020–2027
10.4.5 China
10.4.5.1 Market Estimates & Forecast, By Control System, 2020–2027
10.4.5.2 Market Estimates & Forecast, By Components, 2020–2027
10.4.5.3 Market Estimates & Forecast, By Application, 2020–2027
10.4.6 Japan
10.4.6.1 Market Estimates & Forecast, By Control System, 2020–2027
10.4.6.2 Market Estimates & Forecast, By Components, 2020–2027
10.4.6.3 Market Estimates & Forecast, By Application, 2020–2027
10.4.7 India
10.4.7.1 Market Estimates & Forecast, By Control System, 2020–2027
10.4.7.2 Market Estimates & Forecast, By Components, 2020–2027
10.4.7.3 Market Estimates & Forecast, By Application, 2020–2027
10.4.8 Rest Of Asia-Pacific
10.4.8.1 Market Estimates & Forecast, By Control System, 2020–2027
10.4.8.2 Market Estimates & Forecast, By Components, 2020–2027
10.4.8.3 Market Estimates & Forecast, By Application, 2020–2027
10.5 Rest Of The World
10.5.1 Market Estimates & Forecast, Country, 2020–2027
10.5.2 Market Estimates & Forecast, By Control System, 2020–2027
10.5.3 Market Estimates & Forecast, By Components, 2020–2027
10.5.4 Market Estimates & Forecast, By Application, 2020–2027
10.5.5 Middle East & Africa
10.5.5.1 Market Estimates & Forecast, By Control System, 2020–2027
10.5.5.2 Market Estimates & Forecast, By Components, 2020–2027
10.5.5.3 Market Estimates & Forecast, By Application, 2020–2027
10.5.6 Latin America
10.5.6.1 Market Estimates & Forecast, By Control System, 2020–2027
10.5.6.2 Market Estimates & Forecast, By Components, 2020–2027
10.5.6.3 Market Estimates & Forecast, By Application, 2020–2027
11 Company Landscape
12 Company Profiles
12.1 ABB Ltd
12.1.1 Company Overview
12.1.2 Product/Business Segment Overview
12.1.3 Financial Updates
12.1.4 Key Developments
12.2 Schneider Electric
12.2.1 Company Overview
12.2.2 Product/Business Segment Overview
12.2.3 Financial Updates
12.2.4 Key Developments
12.3 Honeywell International Inc
12.3.1 Company Overview
12.3.2 Product/Business Segment Overview
12.3.3 Financial Updates
12.3.4 Key Developments
12.4 Siemens AG
12.4.1 Company Overview
12.4.2 Product/Business Segment Overview
12.4.3 Financial Updates
12.4.4 Key Developments
12.5 Rockwell Automation
12.5.1 Company Overview
12.5.2 Product/Business Segment Overview
12.5.3 Financial Updates
12.5.4 Key Developments
12.6 Omron Corporation
12.6.1 Company Overview
12.6.2 Product/Business Segment Overview
12.6.3 Financial Updates
12.6.4 Key Developments
12.7 Emerson Electric Company
12.7.1 Company Overview
12.7.2 Product/Business Segment Overview
12.7.3 Financial Updates
12.7.4 Key Developments
12.8 General Electric Company
12.8.1 Company Overview
12.8.2 Product/Business Segment Overview
12.8.3 Financial Updates
12.8.4 Key Developments
12.9 Yokogawa Electric Company
12.9.1 Company Overview
12.9.2 Product/Business Segment Overview
12.9.3 Financial Updates
12.9.4 Key Developments
12.10 Alstom
12.10.1 Company Overview
12.10.2 Product/Business Segment Overview
12.10.3 Financial Updates
12.10.4 Key Developments
13 Conclusion
LIST OF TABLES
Table 1 Global Industrial Control Systems Market, By Region, 2020–2027
Table 2 North America: Industrial Control Systems Market, By Country, 2020–2027
Table 3 Europe: Industrial Control Systems Market, By Country, 2020–2027
Table 4 Asia-Pacific: Industrial Control Systems Market, By Country, 2020–2027
Table 5 Rest Of The World: Industrial Control Systems Market, By Country, 2020–2027
Table 6 Global Industrial Control Systems Market, By Control System 2020–2027
Table 7 North America: Industrial Control Systems Market, By Control System, 2020–2027
Table 8 Europe: Industrial Control Systems Market, By Control System, 2020–2027
Table9 Asia-Pacific: Industrial Control Systems Market, By Control System,2020–2027
Table10 Rest Of The World: Industrial Control Systems Market, By Control System, 2020–2027
Table11 Global Industrial Control Systems Market, By Component, 2020–2027
Table12 North America: Industrial Control Systems Market, By Component, 2020–2027
Table13 Europe: Industrial Control Systems Market, By Component, 2020–2027
Table14 Asia-Pacific: Industrial Control Systems Market, By Component, 2020–2027
Table15 Rest Of The World: Industrial Control Systems Market, By Component, 2020–2027
Table 16 Global Industrial Control Systems Market, By Application, 2020–2027
Table 17 North America: Industrial Control Systems Market, By Application, 2020–2027
Table 18 Europe: Industrial Control Systems Market, By Application, 2020–2027
Table 19 Asia-Pacific: Industrial Control Systems Market, By Application, 2020–2027
Table 20 Rest Of The World: Industrial Control Systems Market, By Application, 2020–2027
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About Us
Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.
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Set-Top Box Market Size | Revenue, Opportunity, Forecast 2023
Set-Top Box (STB) Market Overview: The Future of Set-Top Box (STB) Market will witness a healthy growth from 2017 to 2023, a research report suggests. Growing at a CAGR of 7.2%, the market is projected to reach US$26,630.4 million by 2023. High levels of technological innovations is expected to support the market growth along with the inclusion of new features and content protection systems. As predicted by analysts, online streaming services will negatively affect the market’s performance from 2017 to 2023. During the forecast period, the market will be supported by technological transition from providing stand-alone cable and traditional cable service providers. Lack of innovation on the other hand will challenge cable box sector based organizations functioning in the global set-top box (STB) market. Analysts have split the market into content quality, end-user, product type, and services segments based on products and services.
Cable box based companies have been profiled. The arrival of media sticks is set to affect the global Future of Set-Top Box (STB) Market during the forecast period 2017 to 2023. The report also provides the market’s performance forecasts till 2023. Analysts have studied the strategy of cable box segment based organizations to help new entrants and established businesses. The cable box sector itself is supported by the increasing awareness of internet-based set-top boxes as well as the growth of Internet Protocol Television (IPTV) and OTT. During the forecast period 2017 to 2023, the set-top box (STB) market is set to witness a health growth across content quality, end-user, product type, and services segments as well as regional Future of Set-Top Box (STB) Market.
Set-Top Box Market Segmentation: The cable box sector has seen growth across content quality, end-user, product type, and services segments owing to government regulations on the digitization of cable networks and stringent laws for the digitization of cable TV. To study the market, analysts have further segmented content quality, end-user, product type, and services into content quality on the basis of cable, digital terrestrial television, Internet Protocol (IP) TV, over-the-top content (OTT), satellite, and others. The market is further segmented into product type sub segments which is split into high definition, standard definition and 4K. Additionally, the set-top box (STB) market on the basis of services, is segmented into managed services (testing, repairing, screening), interaction services (high-speed internet television, video conferencing, and video on demand).
The segmental analysis presented in the report provides cable box field based organizations insights into key growth factors such as the resulting migration of analog TV to digital TV as well as challenges such as the easy availability of alternatives the market will face from 2017 to 2023. Technological innovations and the launch of high-resolution television sets are some of the key factors having an influence on cable box industry based companies, suggest analysts as per the set-top box (STB) market report. But the report also identifies the increasing need for reforms and unfavorable policies as major threats companies in the cable box will face till 2023.
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Future of Set-Top Box (STB) Market Regional Overview:
Cable box market based companies in the set-top box (STB) market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. The increasing demand for improved content quality will be a key growth driver for regional markets. However, the lack of investment will turn out to be a threat. For the forecast period 2017 to 2023 each of these regional markets are studied in the report. Starting from North America, the regional market and cable box vertical based companies are spread across the United States, Canada, and Mexico. The rising popularity of internet based streaming services will turn out to be a major challenge from 2017 to 2023. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by the proliferation of technology as well as the growing demand for over-the-top services, suggests the report. Similarly, the cable box sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the set-top box (STB) market covers the Middle East and Africa. Forecast based on the reports findings are presented for the forecast period till 2023.
Future of Set-Top Box (STB) Market Competitive Landscape: The global set-top box (STB) market research report brings a comprehensive study of content quality, end-user, product type, and services market segments, regional analysis, and cable box vertical based company details of key players. As the forecast period 2017 to 2023 will bring new opportunities for the market owing to the increasing spending power of consumers and the increasing awareness among consumers, the market is set to grow at a compound annual growth rate of 7.2% and is predicted to reach a value of US$26,630.4 million by 2023. With SWOT analysis of cable box sector based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as high service cost and complex deployment, companies in the cable box sector can change the way business is done.
Table of Content:
5 Market Dynamics
5.1 Introduction 30
5.2 Drivers 30
5.2.1 Increasing Demand Of OTT Services 30
5.2.2 Increased Proliferation Of High Definition Channels 31
5.3 Restraints 31
5.3.1 Rising Adoption Of Cloud Video Streaming 31
5.4 Opportunities 32
5.4.1 Development Of Integrated STBs 32
5.5 Value Chain Analysis 32
5.6 Porter’s Five Forces Model 33
5.6.1 Threat Of New Entrants 33
5.6.2 Bargaining Power Of Suppliers 33
5.6.3 Bargaining Power Of Buyers 33
5.6.4 Threat Of Substitutes 34
5.6.5 Intensity Of Rivalry 34
5.7 Market Alerts 34
5.7.1 Smart TV & Set Top Box 34
5.7.2 Penetration Of HD Compatible And New Features 34
6 Global Set-Top Box Market, By Product Type
6.1 Overview 36
6.2 Internet Protocol TV 37
6.3 Digital Terrestrial Television 37
6.4 Satellite 37
6.5 Cable 38
6.6 Over-The-Top Content (OTT) 38
6.7 Others 38
7 Global Set-Top Box Market, By Content Quality
7.1 Overview 40
7.2 High Definition 41
7.3 Standard Definition 41
7.4 4K 41
8 Global Set-Top Box Market, By Services
8.1 Overview 43
8.2 Managed Services 44
8.2.1 Testing 44
8.2.2 Repairing 45
8.2.3 Screening 45
8.3 Interactive Services 45
8.3.1 Video On Demand 46
8.3.2 Video Conferencing 46
8.3.3 High-Speed Internet Television 46
9 Global Set-Top Box Market, By End-User
9.1 Overview 48
9.2 Commercial 48
9.3 Residential 48
10 Global Set-Top Box Market, By Region
10.1 Overview 50
10.2 North America 51
10.2.1 US 59
10.2.2 Canada 61
10.2.3 Mexico 64
10.3 Europe 67
10.3.1 UK 74
10.3.2 Germany 76
10.3.3 France 79
10.3.4 Rest Of Europe 81
10.4 Asia-Pacific 84
10.4.1 China 92
10.4.2 Japan 94
10.4.3 India 97
10.4.4 Rest Of APAC 99
10.5 Rest Of The World 102
10.5.1 MEA 109
10.5.2 South America 112
11 Competitive Landscape
11.1 Overview 116
11.1.1 Major Players Global Market Share Analysis, 2020 (%) 116
11.1.2 Major Players Market Share Analysis In North America, 2020 (%) 117
11.1.3 Major Players Market Share Analysis In Europe, 2020 (%) 117
11.1.4 Major Players Market Share Analysis In Asia Pacific, 2020 (%) 118
11.2 Competitive Benchmarking 119
12 Company Profiles
12.1 Huawei Technologies Co. Ltd 121
12.1.1 Company Overview 121
12.1.2 Financial Overview 121
12.1.3 Products/Services/Solutions Offerings 122
12.1.4 Key Development 122
12.1.5 SWOT Analysis 122
12.1.6 Key Strategy 122
12.2 Apple Inc. 123
12.2.1 Company Overview 123
12.2.2 Financial Overview 123
12.2.3 Products/Services/Solutions Offerings 124
12.2.4 Key Developments 124
12.2.5 SWOT Analysis 124
12.2.6 Key Strategy 124
12.3 Google LLC 125
12.3.1 Company Overview 125
12.3.2 Financial Overview 125
12.3.3 Products/Services/Solutions Offerings 126
12.3.4 SWOT Analysis 126
12.3.5 Key Strategy 126
12.4 Samsung Group 127
12.4.1 Company Overviews 127
12.4.2 Financial Overview 127
12.4.3 Products/Services Offered 128
12.4.4 SWOT Analysis 128
12.4.5 Key Strategy 128
12.5 ARRIS International Plc. 129
12.5.1 Company Overview 129
12.5.2 Financial Overview 129
12.5.3 Products/Services/Solutions Offerings 130
12.5.4 SWOT Analysis 130
12.5.5 Key Developments 130
12.5.6 Key Strategy 131
12.6 EchoStar Corporation 132
12.6.1 Company Overview 132
12.6.2 Financial Overview 132
12.6.3 Products/Services/Solutions Offerings 133
12.6.4 SWOT Analysis 133
12.6.5 Key Developments 133
12.6.6 Key Strategy 133
12.7 Sagemcom SAS 134
12.7.1 Company Overview 134
12.7.2 Products/Services/Solutions Offerings 134
12.7.3 SWOT Analysis 135
12.7.4 Key Developments 135
12.7.5 Key Strategy 135
12.8 Technicolor SA 136
12.8.1 Company Overview 136
12.8.2 Financial Overview 136
12.8.3 Products/Services/Solutions Offerings 137
12.8.4 SWOT Analysis 137
12.8.5 Key Developments 137
12.8.6 Key Strategy 137
12.9 Skyworth Digital Holdings Limited 138
12.9.1 Company Overview 138
12.9.2 Financial Overview 138
12.9.3 Products/Services/Solutions Offerings 139
12.9.4 SWOT Analysis 139
12.9.5 Key Developments 140
12.9.6 Key Strategy 140
12.10 Kaonmedia Co, Ltd. 141
12.10.1 Company Overview 141
12.10.2 Financial Overview 141
12.10.3 Products/Services/Solutions Offerings 142
12.10.4 SWOT Analysis 142
12.10.5 Key Developments 143
12.10.6 Key Strategy 143
12.11 Vishay Intertechnology, Inc. 144
12.11.1 Company Overview 144
12.11.2 Financial Performance 144
12.11.3 Products/Services/Solutions Offerings 145
12.11.4 Key Developments 145
12.11.5 SWOT Analysis 145
12.11.6 Key Strategy 145
13 List Of Tables
TABLE 1 MARKET SYNOPSIS 16
TABLE 2 LIST OF ASSUMPTIONS 28
TABLE 3 GLOBAL SET-TOP BOX MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 36
TABLE 4 GLOBAL SET-TOP BOX MARKET SHIPMENT, BY PRODUCT TYPE, 2020-2027 (MILLION UNITS) 37
TABLE 5 GLOBAL SET-TOP BOX MARKET, BY CONTENT QUALITY, 2020-2027 (USD MILLION) 40
TABLE 6 GLOBAL SET-TOP BOX MARKET, BY SERVICES, 2020-2027 (USD MILLION) 43
TABLE 7 GLOBAL SET-TOP BOX MARKET, BY MANAGED SERVICES, 2020-2027 (USD MILLION) 44
TABLE 8 GLOBAL SET-TOP BOX MARKET, BY INTERACTIVE SERVICES, 2020-2027 (USD MILLION) 46
TABLE 9 GLOBAL SET-TOP BOX MARKET, BY END-USER, 2020-2027 (USD MILLION) 48
TABLE 10 GLOBAL SET-TOP BOX MARKET, BY REGION, 2020-2027 (USD MILLION) 51
TABLE 11 NORTH AMERICA: SET-TOP BOX MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 52
TABLE 12 NORTH AMERICA: SET-TOP BOX MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 53
TABLE 13 NORTH AMERICA: SET-TOP BOX MARKET SHIPMENT, BY PRODUCT TYPE, 2020-2027 (MILLION UNITS) 54
TABLE 14 NORTH AMERICA: SET-TOP BOX MARKET, BY CONTENT QUALITY, 2020-2027 (USD MILLION) 55
TABLE 15 NORTH AMERICA: SET-TOP BOX MARKET, BY SERVICES, 2020-2027 (USD MILLION) 55
TABLE 16 NORTH AMERICA: SET-TOP BOX MARKET, BY MANAGED SERVICES, 2020-2027 (USD MILLION) 56
TABLE 17 NORTH AMERICA: SET-TOP BOX MARKET, BY INTERACTIVE SERVICES, 2020-2027 (USD MILLION) 57
TABLE 18 NORTH AMERICA: SET-TOP BOX MARKET, BY END-USER, 2020-2027 (USD MILLION) 58
TABLE 19 US: SET-TOP BOX MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 59
TABLE 20 US: SET-TOP BOX MARKET, BY CONTENT QUALITY, 2020-2027 (USD MILLION) 59
TABLE 21 US: SET-TOP BOX MARKET, BY SERVICES, 2020-2027 (USD MILLION) 60
TABLE 22 US: SET-TOP BOX MARKET, BY MANAGED SERVICES, 2020-2027 (USD MILLION) 60
TABLE 23 US: SET-TOP BOX MARKET, BY INTERACTIVE SERVICES, 2020-2027 (USD MILLION) 60
TABLE 24 US: SET-TOP BOX MARKET, BY END-USER, 2020-2027 (USD MILLION) 61
TABLE 25 CANADA: SET-TOP BOX MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 61
TABLE 26 CANADA: SET-TOP BOX MARKET, BY CONTENT QUALITY, 2020-2027 (USD MILLION) 62
TABLE 27 CANADA: SET-TOP BOX MARKET, BY SERVICES, 2020-2027 (USD MILLION) 62
TABLE 28 CANADA: SET-TOP BOX MARKET, BY MANAGED SERVICES, 2020-2027 (USD MILLION) 62
TABLE 29 CANADA: SET-TOP BOX MARKET, BY INTERACTIVE SERVICES, 2020-2027 (USD MILLION) 63
TABLE 30 CANADA: SET-TOP BOX MARKET, BY END-USER, 2020-2027 (USD MILLION) 63
TABLE 31 MEXICO: SET-TOP BOX MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 64
TABLE 32 MEXICO: SET-TOP BOX MARKET, BY CONTENT QUALITY, 2020-2027 (USD MILLION) 64
TABLE 33 MEXICO: SET-TOP BOX MARKET, BY SERVICES, 2020-2027 (USD MILLION) 65
TABLE 34 MEXICO: SET-TOP BOX MARKET, BY MANAGED SERVICES, 2020-2027 (USD MILLION) 65
TABLE 35 MEXICO: SET-TOP BOX MARKET, BY INTERACTIVE SERVICES, 2020-2027 (USD MILLION) 65
TABLE 36 MEXICO: SET-TOP BOX MARKET, BY END-USER, 2020-2027 (USD MILLION) 66
TABLE 37 EUROPE: SET-TOP BOX MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 68
TABLE 38 EUROPE: SET-TOP BOX MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 69
TABLE 39 EUROPE: SET-TOP BOX MARKET SHIPMENT, BY PRODUCT TYPE, 2020-2027 (MILLION UNITS) 69
TABLE 40 EUROPE: SET-TOP BOX MARKET, BY CONTENT QUALITY, 2020-2027 (USD MILLION) 70
TABLE 41 EUROPE: SET-TOP BOX MARKET, BY SERVICES, 2020-2027 (USD MILLION) 71
TABLE 42 EUROPE: SET-TOP BOX MARKET, BY MANAGED SERVICES, 2020-2027 (USD MILLION) 72
TABLE 43 EUROPE: SET-TOP BOX MARKET, BY INTERACTIVE SERVICES, 2020-2027 (USD MILLION) 73
TABLE 44 EUROPE: SET-TOP BOX MARKET, BY END-USER, 2020-2027 (USD MILLION) 73
TABLE 45 UK: SET-TOP BOX MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 74
TABLE 46 UK: SET-TOP BOX MARKET, BY CONTENT QUALITY, 2020-2027 (USD MILLION) 74
TABLE 47 UK: SET-TOP BOX MARKET, BY SERVICES, 2020-2027 (USD MILLION) 75
TABLE 48 UK: SET-TOP BOX MARKET, BY MANAGED SERVICES, 2020-2027 (USD MILLION) 75
TABLE 49 UK: SET-TOP BOX MARKET, BY INTERACTIVE SERVICES, 2020-2027 (USD MILLION) 75
TABLE 50 UK: SET-TOP BOX MARKET, BY END-USER, 2020-2027 (USD MILLION) 76
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Industry News: Cisco announced today that it has reached an agreement to buy DVN (Holdings) Limited's set-top box market. DVN is a technological and market leader in digital cable technologies in China, with key activities in China, and shares Cisco's vision of a high-performance, efficient cable interactive network expanding through every home. Cisco will add up to $44.5 million for DVN's set-top box company under the details of the contract. Around $17.5 million will be compensated up front, with the remaining $27 million paid out over four years in relation to the achievement of clear sales targets.
About Us
Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.
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Telecom Equipment Market 2021 How the Business Will Grow in 2025? Prominent Players
The importance of the telecom sector has never been higher than today, and this expected to spur the telecom equipment market 2020. The semiconductor and electronics industry reports are produced by Market Research Future, which highlights market options for expansion. A 10% CAGR is estimated to guide the market to revenues worth USD 562 billion by the end of 2023.
The development of wireless infrastructure is anticipated to create favorable momentum for market growth in the future. Moreover, the telecommunication equipment industry analysis states that the market is anticipated to achieve market share from the amplified growth of the cellular station. The upswing in research and development of a cost-effective portfolio is anticipated to bolster the telecom equipment market in the forecast period.
Segmental Analysis
The segmental evaluation of the telecom equipment market is conducted on the basis of infrastructure, type, end-users, and region. On the basis of type, the telecom equipment market is segmented into public switching, transmission, and customer premise. Based on the infrastructure, the telecom equipment market is segmented into wireless infrastructure and wired infrastructure. The end-user basis of segmenting the telecom equipment market comprises of banking, consumer electronics, retail, media, ISP/mobile operators, and defense and government. Based on the region, the telecom equipment market is segmented into Europe, North America, Asia Pacific, and the rest of the regions.
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Detailed Regional Analysis
The regional insight into the telecom equipment market comprises of Europe, North America, Asia Pacific, and the rest of the regions. The Asia Pacific region is leading the telecom equipment market at approximately 40% share trailed by the North American region at a 30 % share. A number of the influential market leader in the telecom equipment market comprise of 80% of the fresh entrants in the market hail from China. The market for telecom equipment is motivated by many novel technologies and trends. It has been anticipated that the Asia Pacific region will show the way in the telecom equipment market for the duration of the forecast. It is due to the rising economies like China and India who are putting in billions in their telecommunication set up. In addition, the consumer electronics market is controlled by the Asia Pacific region from the manufacturer’s point of view and the consumer’s outlook. It is also likely that the telecom equipment market in countries like India only will arrive at around 48 billion at some point in the forecasted period.
Table of Content:
7 GLOBAL TELECOM EQUIPMENT MARKET, BY OFFERING
7.1 INTRODUCTION
7.2 PRODUCTS
7.2.1 BROADBAND ACCESS
7.2.2 CORE NETWORK
7.2.2.1 EVOLVED PACKET CORE (EPC)
7.2.2.2 IP MULTIMEDIA SUBSYSTEM (IMS)
7.2.2.3 SIGNAL TRANSFER POINT (STP)
7.2.2.4 MULTI-ACCESS EDGE COMPUTING (MEC)
7.3 SOFTWARE
7.4 SERVICES
7.4.1 PROFESSIONAL SERVICES
7.4.1.1 CONSULTING SERVICES
7.4.1.2 INSTALLATION AND IMPLEMENTATION SERVICES
7.4.1.3 MAINTENANCE SERVICES
7.4.1.4 OTHER SUPPORT SERVICES
7.4.2 MANAGED SERVICES
8 GLOBAL TELECOM EQUIPMENT MARKET, BY INFRASTRUCTURE
8.1 INTRODUCTION
8.2 WIRELESS INFRASTRUCTURE
8.3 WIRED INFRASTRUCTURE
9 GLOBAL TELECOM EQUIPMENT MARKET, BY END-USER
9.1 INTRODUCTION
9.1.1 CONSUMER ELECTRONICS
9.1.2 BFSI
9.1.3 RETAIL
9.1.4 MEDIA
9.1.5 DEFENSE
9.1.6 OTHERS
10 GLOBAL TELECOM EQUIPMENT MARKET, BY REGION
10.1 OVERVIEW
10.2 NORTH AMERICA
10.2.1 US
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
10.3.1 UK
10.3.2 GERMANY
10.3.3 FRANCE
10.3.4 REST OF EUROPE
10.4 ASIA-PACIFIC
10.4.1 CHINA
10.4.2 JAPAN
10.4.3 INDIA
10.4.4 VIETNAM
10.4.5 INDONESIA
10.4.6 PHILIPPINES
10.4.7 THAILAND
10.4.8 REST OF ASIA-PACIFIC
10.5 MIDDLE EAST AND AFRICA
10.5.1 UAE
10.5.2 SAUDI ARABIA
10.5.3 TURKEY:
10.5.4 QATAR
10.5.5 TUNISIA
10.5.6 REST OF MIDDLE EAST AND AFRICA
11 COMPETITIVE LANDSCAPE
11.1 GLOBAL TELECOM EQUIPMENT VENDOR MARKET SHARE ANALYSIS, 2020 (%)
11.2 COMPETITIVE BENCHMARKING
11.3 VENDOR’S ANNUAL REVENUE
11.4 MAJOR GROWTH STRATEGIES IN TELECOM EQUIPMENT MARKET
11.5 RECENT DEVELOPMENTS
11.5.1 PRODUCT DEVELOPMENT
11.5.2 MERGERS AND ACQUISITIONS
11.5.3 PARTNERSHIPS/AGREEMENTS/COLLABORATIONS
12 COMPANY PROFILES
12.1 HUAWEI TECHNOLOGIES CO, LTD
12.1.1 COMPANY OVERVIEW
12.1.2 FINANCIAL OVERVIEW
12.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.4 KEY DEVELOPMENTS
12.1.5 SWOT ANALYSIS
12.1.6 KEY STRATEGIES
12.2 CIENA
12.2.1 COMPANY OVERVIEW
12.2.2 FINANCIAL OVERVIEW
12.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2.4 KEY DEVELOPMENTS
12.2.5 SWOT ANALYSIS
12.2.6 KEY STRATEGIES
12.3 NOKIA
12.3.1 COMPANY OVERVIEW
12.3.2 FINANCIAL OVERVIEW
12.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.3.4 KEY DEVELOPMENTS
12.3.5 SWOT ANALYSIS
12.3.6 KEY STRATEGIES
12.4 ZTE CORPORATION
12.4.1 COMPANY OVERVIEW
12.4.2 FINANCIAL OVERVIEW
12.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.4.4 KEY DEVELOPMENTS
12.4.5 SWOT ANALYSIS
12.4.6 KEY STRATEGIES
12.5 CISCO SYSTEMS INC.
12.5.1 COMPANY OVERVIEW
12.5.2 FINANCIAL OVERVIEW
12.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.5.4 KEY DEVELOPMENTS
12.5.5 SWOT ANALYSIS
12.5.6 KEY STRATEGIES
12.6 FUJITSU LTD
12.6.1 COMPANY OVERVIEW
12.6.2 FINANCIAL OVERVIEW
12.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.6.4 KEY DEVELOPMENTS
12.6.5 SWOT ANALYSIS
12.6.6 KEY STRATEGIES
12.7 TELEFONAKTIEBOLAGET LM ERICSSON
12.7.1 COMPANY OVERVIEW
12.7.2 FINANCIAL OVERVIEW
12.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.7.4 KEY DEVELOPMENTS
12.7.5 SWOT ANALYSIS
12.7.6 KEY STRATEGIES
12.8 QUALCOMM INCORPORATED
12.8.1 COMPANY OVERVIEW
12.8.2 FINANCIAL OVERVIEW
12.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.8.4 KEY DEVELOPMENTS
12.8.5 SWOT ANALYSIS
12.8.6 KEY STRATEGIES
12.9 SAMSUNG GROUP
12.9.1 COMPANY OVERVIEW
12.9.2 FINANCIAL OVERVIEW
12.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.9.4 KEY DEVELOPMENTS
12.9.5 SWOT ANALYSIS
12.9.6 KEY STRATEGIES
12.10 JUNIPER NETWORKS, INC.
12.10.1 COMPANY OVERVIEW
12.10.2 FINANCIAL OVERVIEW
12.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.10.4 SWOT ANALYSIS
12.10.5 KEY STRATEGIES
12.11 COMMSCOPE HOLDING CO., INC
12.11.1 COMPANY OVERVIEW
12.11.2 FINANCIAL OVERVIEW
12.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.11.4 KEY DEVELOPMENTS
12.11.5 SWOT ANALYSIS
12.11.6 KEY STRATEGIES
12.12 EXTREME NETWORKS
12.12.1 COMPANY OVERVIEW
12.12.2 FINANCIAL OVERVIEW
12.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.12.4 KEY DEVELOPMENTS
12.12.5 SWOT ANALYSIS
12.12.6 KEY STRATEGIES
12.13 RIBBON COMMUNICATIONS OPERATING COMPANY, INC.
12.13.1 COMPANY OVERVIEW
12.13.2 FINANCIAL OVERVIEW
12.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.13.4 KEY DEVELOPMENTS
12.13.5 SWOT ANALYSIS
12.13.6 KEY STRATEGIES
12.14 NEC CORPORATION
12.14.1 COMPANY OVERVIEW
12.14.2 FINANCIAL OVERVIEW
12.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.14.4 KEY DEVELOPMENTS
12.14.5 SWOT ANALYSIS
12.14.6 KEY STRATEGIES
13 LIST OF TABLES
TABLE 1 MARKET SYNOPSIS
TABLE 2 GLOBAL TELECOM EQUIPMENT, BY OFFERING, 2020-2027 (USD MILLION)
TABLE 3 GLOBAL TELECOM EQUIPMENT MARKET, BY PRODUCT, 2020-2027 (USD MILLION)
TABLE 4 GLOBAL TELECOM EQUIPMENT MARKET, BY CORE NETWORK, 2020-2027 (USD MILLION)
TABLE 5 GLOBAL TELECOM EQUIPMENT MARKET, BY SERVICES, 2020-2027 (USD MILLION)
TABLE 6 GLOBAL TELECOM EQUIPMENT MARKET, BY PROFESSIONAL SERVICES, 2020-2027 (USD MILLION)
TABLE 7 GLOBAL TELECOM EQUIPMENT MARKET, BY SERVICES, 2020-2027 (USD MILLION)
TABLE 8 GLOBAL TELECOM EQUIPMENT MARKET, BY INFRASTRUCTURE, 2020-2027 (USD MILLION)
TABLE 9 GLOBAL TELECOM EQUIPMENT MARKET, BY END-USER, 2020-2027 (USD MILLION)
TABLE 10 GLOBAL TELECOM EQUIPMENT MARKET, BY REGION, 2020-2027 (USD MILLION)
TABLE 11 NORTH AMERICA: TELECOM EQUIPMENT, BY COUNTRY, 2020-2027 (USD MILLION)
TABLE 12 NORTH AMERICA: TELECOM EQUIPMENT, BY COMPONENT, 2020-2027 (USD MILLION)
TABLE 13 NORTH AMERICA: TELECOM EQUIPMENT MARKET, BY PRODUCT, 2020-2027 (USD MILLION)
TABLE 14 NORTH AMERICA: TELECOM EQUIPMENT MARKET, BY CORE NETWORK, 2020-2027 (USD MILLION)
TABLE 15 NORTH AMERICA: TELECOM EQUIPMENT MARKET, BY SERVICES, 2020-2027 (USD MILLION)
TABLE 16 NORTH AMERICA: TELECOM EQUIPMENT MARKET, PROFESSIONAL SERVICES, 2020-2027 (USD MILLION)
TABLE 17 NORTH AMERICA: TELECOM EQUIPMENT MARKET, BY INFRASTRUCTURE, 2020-2027 (USD MILLION)
TABLE 18 NORTH AMERICA: TELECOM EQUIPMENT MARKET, BY END-USER, 2020-2027 (USD MILLION)
TABLE 19 US: TELECOM EQUIPMENT, BY COMPONENT, 2020-2027 (USD MILLION)
TABLE 20 US: TELECOM EQUIPMENT MARKET, BY PRODUCTS, 2020-2027 (USD MILLION)
TABLE 21 US: TELECOM EQUIPMENT MARKET, BY CORE NETWORK, 2020-2027 (USD MILLION)
TABLE 22 US: TELECOM EQUIPMENT MARKET, BY SERVICES, 2020-2027 (USD MILLION)
TABLE 23 US TELECOM EQUIPMENT MARKET, PROFESSIONAL SERVICES, 2020-2027 (USD MILLION)
TABLE 24 US TELECOM EQUIPMENT MARKET, BY INFRASTRUCTURE, 2020-2027 (USD MILLION)
TABLE 25 US TELECOM EQUIPMENT MARKET, BY END-USER, 2020-2027 (USD MILLION)
TABLE 26 CANADA: TELECOM EQUIPMENT, BY COMPONENT, 2020-2027 (USD MILLION)
TABLE 27 CANADA: TELECOM EQUIPMENT MARKET, BY PRODUCTS, 2020-2027 (USD MILLION)
TABLE 28 CANADA: TELECOM EQUIPMENT MARKET, BY CORE NETWORK, 2020-2027 (USD MILLION)
TABLE 29 CANADA: TELECOM EQUIPMENT MARKET, BY SERVICES, 2020-2027 (USD MILLION)
TABLE 30 CANADA: TELECOM EQUIPMENT MARKET, PROFESSIONAL SERVICES, 2020-2027 (USD MILLION)
TABLE 31 CANADA: TELECOM EQUIPMENT MARKET, BY INFRASTRUCTURE, 2020-2027 (USD MILLION)
TABLE 32 CANADA: TELECOM EQUIPMENT MARKET, BY END-USER, 2020-2027 (USD MILLION)
TABLE 33 MEXICO: TELECOM EQUIPMENT, BY COMPONENT, 2020-2027 (USD MILLION)
TABLE 34 MEXICO: TELECOM EQUIPMENT MARKET, BY PRODUCTS, 2020-2027 (USD MILLION)
TABLE 35 MEXICO: TELECOM EQUIPMENT MARKET, BY CORE NETWORK, 2020-2027 (USD MILLION)
TABLE 36 MEXICO: TELECOM EQUIPMENT MARKET, BY SERVICES, 2020-2027 (USD MILLION)
TABLE 37 MEXICO: TELECOM EQUIPMENT MARKET, PROFESSIONAL SERVICES, 2020-2027 (USD MILLION)
TABLE 38 FRANCE: TELECOM EQUIPMENT MARKET, BY INFRASTRUCTURE, 2020-2027 (USD MILLION)
TABLE 39 MEXICO: TELECOM EQUIPMENT MARKET, BY END-USER, 2020-2027 (USD MILLION)
TABLE 40 EUROPE: TELECOM EQUIPMENT, BY COUNTRY, 2020-2027 (USD MILLION)
TABLE 41 EUROPE: TELECOM EQUIPMENT, BY COMPONENT, 2020-2027 (USD MILLION
TABLE 42 EUROPE: TELECOM EQUIPMENT MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 66
TABLE 43 EUROPE: TELECOM EQUIPMENT MARKET, BY CORE NETWORK, 2020-2027 (USD MILLION) 67
TABLE 44 EUROPE: TELECOM EQUIPMENT MARKET, BY SERVICES, 2020-2027 (USD MILLION) 67
TABLE 45 EUROPE: TELECOM EQUIPMENT MARKET, THE PROFESSIONAL SERVICES, 2020-2027 (USD MILLION) 67
TABLE 46 EUROPE: TELECOM EQUIPMENT MARKET, BY INFRASTRUCTURE, 2020-2027 (USD MILLION) 68
TABLE 47 EUROPE: TELECOM EQUIPMENT MARKET, BY END-USER, 2020-2027 (USD MILLION) 69
TABLE 48 UK: TELECOM EQUIPMENT, BY COMPONENT, 2020-2027 (USD MILLION) 70
TABLE 49 UK: TELECOM EQUIPMENT MARKET, BY PRODUCTS, 2020-2027 (USD MILLION) 70
TABLE 50 UK: TELECOM EQUIPMENT MARKET, BY CORE NETWORK, 2020-2027 (USD MILLION) 71
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Competitive Analysis
The inclusion of certain elements of functionality in production facilities is likely to create better supply potential for the overall market. The effect of global currencies is expected to have a significant effect on market growth. The upsurge in exports is expected to create a constructive situation for expansion in the coming period. The influence of global trade policies by various administrations is expected to further enhance the market expansion potential in the forecast period. The momentum of change in the market is predicted to create new opportunities for growth in the forecast period. The availability of new sources of raw material is likely to induce more opportunities for growth in the market. The streamlining of the distribution channels is expected to create better supply chains and lead to a more positive effect on the global market. The inventions being discovered or attempted in the market are also considered to provide further opportunities for growth in the coming period.
The noteworthy contenders in the telecom equipment market are Alcatel Lucent S.A (France), Ciena (US), Cisco Systems, Inc (US), Huawei Technologies Co Ltd (China), Juniper Networks, Inc (US), Fujitsu Ltd (Japan), ZTE Corporation (China), Qualcomm, Inc (US), Ericsson (Sweden), and Motorola Solutions (US).
About Us
Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.
Media Contact:
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Vibration Monitoring Market Value Will Exhibit a Nominal Uptick in 2023 | MRFR
Industry Insight
Many companies in the global vibration monitoring market 2020 have pulled their earnings guidance in the wake of the crisis wrought by the COVID 19 pandemic. That has led to the broadest dispersion in earnings in global vibration monitoring market, estimates Market Research Future in its latest study. Owing to this status, during the forecast period 2017 to 2023, the vibration monitoring market will be on its peak of rising with 8.7% CAGR. The soaring demand for vibration monitoring would boost market growth worldwide.
Top Impacting Factors
The researchers have noticed that maintenance processes have become more streamlined than production processes due to COVID 19, and have ample scope for optimization, which is propelling the growth of the machine maintenance industry. Surged productivity and negligible downtime due to superior monitoring, such as predictive maintenance, is the most recognized benefit, which can also extend maintenance intervals far beyond preventive maintenance schedules. This makes vibration monitoring more valuation, which is helping its market to expand.
As vibration monitoring decreases unnecessary human-mediated activities, such as manual inspections and unscheduled corrections, new technologies such as system-on-a-chip (SOC), have pushed the boundaries of data acquisition to a great extent. Globally, the automotive industry is one of the foremost capital investors and end-users of the vibration monitoring market. High capital investments by automotive companies are directed toward buying properties and equipment, purchasing and installing vibration monitoring systems, building plants, and implementing automation systems and robotics. These factors have been inherently liable for the market’s growth and will be soaring the valuation due to coronavirus pandemic.
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To add in this, the adoption of vibration monitoring is towering in the automotive, manufacturing, and energy & power sectors. Vibration monitoring is used for predictive analysis, which helps manufacturers swell productivity and maximize operational competence. These sectors utilize heavy and capital-intensive machinery and significantly rely on operational efficiencies for profit.
On the contrary, COVID-19 has affected the overall production capacity of various industries, mainly in chemicals, automotive, food & beverages, metals, and more. This factor is likely to restrain the demand for vibration monitoring market. The significant players are focusing on contributing to the current pandemic situation by substituting production for the healthcare sector, such as ventilators and healthcare devices.
Leading Segments
The global level analysis of the vibration monitoring market has been conducted through segments of component, system type, deployment and end-user.
In terms of component, the market has included software, hardware, and services
In terms of system type, the market has included embedded systems, vibration analyzer, and vibration meters.
In terms of deployment, the market has included on-premise and cloud.
In terms of end-user, the market has included metal & mining, automotive, chemicals, food and beverages, and oil & gas.
Leading Regions
Vibration monitoring market by region has been studied among the key regions North America, Asia-Pacific, Europe, and the Middle East & Africa, and South America.
North America is probable to lead the vibration monitoring market during the assessment period. The growth can be attributed to the extensively high adoption of vibration monitoring products in the region and launch of advanced vibration monitoring products by foremost players in this region, thus contributing to the market growth. The US held the largest market size in North America.
Asia-Pacific might also register the fastest growth in the forecast period. Japan is ready to lead the Asia-Pacific vibration monitoring market, followed by China, during the forecast period. Mounting awareness of predictive maintenance and vibration monitoring technologies in the power, oil & gas, cement, chemical and petrochemical, and automotive industries coupled with government initiatives, such as ‘Made in China 2025’, is poised to a generate sustained demand for vibration monitoring in Asia-Pacific, during the assessment period.
Top Players
Few examples of the top market participants in the global vibration monitoring market are recognized as SKF AB (Sweden), Analog Devices, Inc. (US), General Electric Company (US), Brüel & Kjær Sound & Vibration Measurement A/S (Denmark), Wilcoxon Sensing Technology (US), Rockwell Automation Inc. (US), National Instruments Corporation (US), Emerson Electric Co. (US), Meggitt PLC (UK), Fortive Corporation (US), Metrix Instrument Co., LP (US), Yokogawa Electric Corporation (Japan), and CEMB SpA (Italy).
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About Us
Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.
Media Contact:
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Li-Fi Market Set to Witness an Uptick by 2023 | Market Research Future
Market Scope
The Li-Fi market 2020 is likely to touch an approx. valuation of USD 51 Billion by 2023, confirms Market Research Future (MRFR). MRFR also reports that the market can progress at an incredible rate of 70% between 2017 and 2023 (which is the forecast period).
Growth Boosters and Main Barriers
A wireless communication technology, Li-Fi makes use of the visible and infrared light spectrum to induce high-speed data. The technology is sort of an extension of the visible light communication concept, offering bi-directional, secure, high speed, as well as completely networked wireless communications. It also backs user mobility as well as multiuser access.
Li-Fi is expected to emerge as an impactful technology across various industries. It has the potential to unlock the benefits of IoT, boost Industry 4.0 applications, and also encourage the growth of the light-as-a-service technology within the lighting industry. The government is continuously backing up the ICT sector, thanks to the rising demand for energy management. With the growing efforts in the ICT sector by the government like the smart city concept, more and more vendors are compelled to make massive investments in the innovation of Li-Fi. This can give a substantial boost to the Li-Fi market growth in the approaching years.
Some of the well-known companies like Philips and General Electric are spending considerable amount on the Li-Fi technology on account of the surge in internet users paired with the rampant demand for transmission of high speed data. Various other players such as Velmenni and LightBee are exploring new and creative solutions to stimulate growth of the Li-Fi industry.
LiFi Market Trends
LED or light emitting diode is an essential component of Li-Fi systems. Therefore, the rising demand for LED can mean stupendous growth for the Li-Fi market in the following period. LED is gaining significant traction across the world as it consumes low power, expels no toxic emission, and offers higher illumination. Governments across the globe offer these lights at subsidized prices, which also helps boost its demand. The trend of increasing use of LED can be instrumental in the demand for the Li-Fi market during the evaluation period.
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Market Segmentation
The main segments analyzed while studying the Li-Fi market include component, application, as well as end-user.
With respect to the component, the market comprises optical sensing, light emitting diode (LED), photo detector, microcontroller, and others. The LED segment can claim the leading position in the global market.
The main applications of the Li-Fi technology are advance tracker, standalone tracker, smart phones, and others.
The end-users in the worldwide market are government, education, automotive, aerospace, healthcare, retail, and others. Between these, retail can be the most notable end-user, advancing at the fastest rate in the coming period. LiFi facilitates smooth transfer of every kind of data in a retail store, ranging from the store front end to the customer interaction inside the store. Li-Fi ensures security, speed, data density as well as energy efficiency, all of which are necessary in the retail industry.
Regional Insight
MRFR report has studied the primary regions of Asia Pacific (APAC), North America, Europe and Rest of the World or RoW, while conducting the research on the Li-Fi market
North America has successfully clinched the leading position in the global market, in line with the rapid advancement in the ICT industry, like Internet of Things, wireless sensor network and Big Data. With the consequent development of smart buildings has resulted in the massive growth of the Li-Fi market in the region. The surging applications of services that are indoor location-based equipped with light fixtures, especially in hotels and retail shops can also help the regional market generate considerable revenue in the near future. Celebrated companies like ByteLight Inc. and GE Lightings are increasingly installing VLC, which helps retailers track the shopping history of a customer by collecting their location details. This factor is anticipated to leave a positive impact on the Li-Fi market in the region.
With the fastest expansion rate, the APAC market can benefit from the increasing investments as well as the surge in partnerships between Li-Fi vendors. The growing support from the government across India and China for the development of smart-city projects can also promote the progression of the Li-Fi market in the region.
Significant Competitors
LightBee Corporation (U.S.), LightPointe Communications Inc. (U.S.), FSONA Networks (U.K), Koninklijke Philips N.V. (the Netherlands), Panasonic Corporation (Japan), PureLiFi Limited (U.K), Oledcomm (France), Velmenni (Tartu), Acuity Brands, Inc. (U.S.), General Electric (U.S.), are the top contenders that are responsible for the Li-Fi industry expansion around the world.
Latest News
April 2020
In the wake of the Covid-19 outbreak, Nav Wireless Technology Pvt Ltd (India) has developed a LiFi-based communication solution that can be used in hospitals for managing coronavirus patients. It is considered to be a massive breakthrough for the teams that are continuously exposed to the virus.
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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.
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Market Research Future Presents Smart Lighting Market Growth Projections in a Revised Study Based on COVID-19 Impact
Market Analysis
The global smart lighting market size is predicted to touch USD 25 billion at a 27% CAGR between
2017- 2023 states the recent Market Research Future (MRFR) analysis. Smart lighting, simply put, is lighting systems that are embedded with different wireless technologies and sensors that can reduce the consumption of energy in comparison to a conventional lighting system. It has both indoor and outdoor uses.
Various factors are propelling the global smart lighting market share. As per the current MRFR report, such factors include increasing awareness regarding energy savings among governments and consumers across the globe, availability of lights with smart devices, increasing adoption of LEDs and decreasing cost, the trend for smart city projects in the developing economies, and the launch of integrated lighting control systems. Additional factors adding market growth include demand for intelligent street lighting systems, demand for energy-efficient lighting systems, advances in wireless communication technology, and the emergence of internet of things technology for smart lighting.
On the contrary, high installation cost, high maintenance cost, lack of professional experts, and a temporary halt in manufacturing facilities due to the current COVID-19 pandemic are factors that may impede the global smart lighting industry growth over the forecast period.
Market Segmentation
The MRFR report provides an inclusive segmental analysis of the global smart lighting market report based on application, software and service, light source, communication technology, and type.
By type, the global smart lighting market is segmented into lighting control and fixtures smart bulbs.
By light source, the global smart lighting market is segmented into HD light source, fluorescent light source, LED light source, & another light source.
By communication technology, the global smart lighting market is segmented into wireless communication technologies and wired communication technologies. Of these, wired communication technologies will lead the market over the forecast period.
By software and service, the global smart lighting market is segmented into service into lighting as a service and smartphone applications.
By application, the global smart lighting market is segmented into outdoor lighting and indoor lighting. Of these, outdoor lighting will spearhead the market over the forecast period.
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Regional Analysis
Based on the region, the global smart lighting market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Of these, Europe will have the lions share in the market over the forecast period. Stringent government regulations to limit the usage of inefficient lighting technologies, increasing use of LED lamps, the smart city development initiative, and the adoption of advanced technologies are adding to the global smart lighting market growth in the region.
The global smart lighting market in North America is predicted to have notable growth over the forecast period for the rising use of smart lighting systems as energy-efficient lighting solutions.
The global smart lighting market in the APAC region is predicted to have healthy growth over the forecast period. Increasing adoption as energy-efficient lighting solutions, low labor costs, abundant raw material supply, fall in the cost of LED lamps, supportive government initiatives, rising adoption of connected lamps, and increasing urbanization & industrialization are adding to the global smart lighting market growth in the region.
The global smart lighting market in the RoW is predicted to have sound growth over the forecast period.
Key Players
Prominent players profiled in the global smart lighting market report include Digital Lumens, Inc. (U.S.), Cooper Industries, Inc. (Ireland), CREE, Inc. (U.S.), Schneider Electric SE (France), Legrand S.A. (France), Honeywell International Inc. (U.S.), Osram Licht AG (Germany), General Electric Company (U.S.), Acuity Brands Lighting, Inc. (U.S.), and Philips Lighting Holding B.V. (The Netherlands), among others.
Table of Content:
6 SMART LIGHTING MARKET, BY SEGMENTS
6.1 INTRODUCTION
6.2 MARKET STATISTICS
6.2.1 BY COMPONENT
6.2.1.1 SOFTWARE
6.2.1.2 SERVICE
6.2.2 BY PRODUCT TYPE
6.2.2.1 LUMINARIES
6.2.2.1.1 SMART BULBS
6.2.2.1.2 FIXTURES
6.2.2.2 LIGHTING CONTROLS
6.2.2.2.1 SENSORS
6.2.2.2.2 SWITCHES & DIMMERS
6.2.2.2.3 RELAY UNITS
6.2.2.2.4 GATEWAYS
6.2.2.2.5 LED SDRIVERS & BALLASTS
6.2.3 BY LIGHT SOURCE
6.2.3.1 LIGHT EMITTING DIODE (LED)
6.2.3.2 FLUROSCENT LAMPS (FL)
6.2.3.3 HIGH INTENSITY DISCHARGE LAMPS (HID)
6.2.4 BY COMMUNICATION TECHNOLOGY
6.2.4.1 WIRED
6.2.4.1.1 POWER LINE COMMUNICATION
6.2.4.1.2 POWER OVER ETHERNET
6.2.4.1.3 DIGITAL ADDRESSABLE LIGHTING INTERFACE
6.2.4.1.4 WIRED HYBRID PROTOCOLS
6.2.4.1.5 OTHERS
6.2.4.1.5.1 LONWORKS
6.2.4.1.5.2 KNX
6.2.4.1.5.3 PROPRIETARY PROTOCOLS
6.2.4.2 WIRELESS
6.2.4.2.1 ENOCEAN
6.2.4.2.2 WI-FI
6.2.4.2.3 ZIGBEE
6.2.4.2.4 WIRELESS HYBRID PROTOCOLS
6.2.4.2.5 BLUETOOTH
6.2.4.2.6 6LOWPAN
6.2.4.2.7 OTHERS
6.2.5 BY APPLICATION
6.2.5.1 INDOOR LIGHTING
6.2.5.1.1 RESIDENTIAL
6.2.5.1.2 COMMERCIAL
6.2.5.1.3 INDUSTRIAL
6.2.5.1.4 OTHERS
6.2.5.2 OUTDOOR LIGHTING
6.2.5.2.1 ARCHITECTURAL LIGHTING
6.2.5.2.2 LIGHTING AT PUBLIC PLACES
6.2.5.2.3 HIGHWAYS & ROADWAYS LIGHTING
6.2.5.2.4 OTHERS
6.2.6 BY REGION
6.2.6.1 NORTH AMERICA
6.2.6.1.1 U.S.
6.2.6.1.2 CANADA
6.2.6.1.3 MEXICO
6.2.6.2 EUROPE
6.2.6.2.1 U.K.
6.2.6.2.2 GERMANY
6.2.6.2.3 FRANCE
6.2.6.2.4 ITALY
6.2.6.2.5 REST OF EUROPE
6.2.6.3 ASIA PACIFIC
6.2.6.3.1 CHINA
6.2.6.3.2 JAPAN
6.2.6.3.3 SOUTH KOREA
6.2.6.3.4 INDIA
6.2.6.3.5 REST OF ASIA PACIFIC
6.2.6.4 REST OF THE WORLD
7 COMPETITIVE ANALYSIS
7.1 MARKET SHARE ANALYSIS
7.2 COMPANY PROFILES
7.2.1 PHILIPS LIGHTING HOLDING B.V. (THE NETHERLANDS)
7.2.2 ACUITY BRANDS LIGHTING, INC. (U.S.)
7.2.3 GENERAL ELECTRIC COMPANY (U.S.)
7.2.4 OSRAM LICHT AG (GERMANY)
7.2.5 HONEYWELL INTERNATIONAL INC. (U.S.)
7.2.6 LEGRAND S.A. (FRANCE)
7.2.7 SCHNEIDER ELECTRIC SE (FRANCE)
7.2.8 CREE, INC. (U.S.)
7.2.9 COOPER INDUSTRIES, INC. (IRELAND)
7.2.10 DIGITAL LUMENS, INC. (U.S.)
7.2.11 OTHERS
LIST OF TABLES
TABLE 1 SMART LIGHTING MARKET, BY COMPONENT
TABLE 2 SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 3 SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 4 SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 5 SMART LIGHTING MARKET, BY APPLICATION
TABLE 6 SMART LIGHTING MARKET, BY REGION
TABLE 7 NORTH AMERICA SMART LIGHTING MARKET, BY COMPONENT
TABLE 8 NORTH AMERICA SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 9 NORTH AMERICA SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 10 NORTH AMERICA SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 11 NORTH AMERICA SMART LIGHTING MARKET, BY APPLICATION
TABLE 12 NORTH AMERICA SMART LIGHTING MARKET, BY REGION
TABLE 13 U.S. SMART LIGHTING MARKET, BY COMPONENT
TABLE 14 U.S. SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 15 U.S. SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 16 U.S. SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 17 U.S. SMART LIGHTING MARKET, BY APPLICATION
TABLE 18 CANADA SMART LIGHTING MARKET, BY COMPONENT
TABLE 19 CANADA SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 20 CANADA SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 21 CANADA SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 22 CANADA SMART LIGHTING MARKET, BY APPLICATION
TABLE 23 MEXICO SMART LIGHTING MARKET, BY COMPONENT
TABLE 24 MEXICO SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 25 MEXICO SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 26 MEXICO SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 27 MEXICO SMART LIGHTING MARKET, BY APPLICATION
TABLE 28 EUROPE SMART LIGHTING MARKET, BY COMPONENT
TABLE 29 EUROPE SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 30 EUROPE SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 31 EUROPE SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 32 EUROPE SMART LIGHTING MARKET, BY APPLICATION
TABLE 33 EUROPE SMART LIGHTING MARKET, BY REGION
TABLE 34 UK SMART LIGHTING MARKET, BY COMPONENT
TABLE 35 UK SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 36 UK SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 37 UK SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 38 UK SMART LIGHTING MARKET, BY APPLICATION
TABLE 39 GERMANY SMART LIGHTING MARKET, BY COMPONENT
TABLE 40 GERMANY SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 41 GERMANY SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 42 GERMANY SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 43 GERMANY SMART LIGHTING MARKET, BY APPLICATION
TABLE 44 FRANCE SMART LIGHTING MARKET, BY COMPONENT
TABLE 45 FRANCE SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 46 FRANCE SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 47 FRANCE SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 48 FRANCE SMART LIGHTING MARKET, BY APPLICATION
TABLE 49 ITALY SMART LIGHTING MARKET, BY COMPONENT
TABLE 50 ITALY SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 51 ITALY SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 52 ITALY SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 53 ITALY SMART LIGHTING MARKET, BY APPLICATION
TABLE 54 REST OF EUROPE SMART LIGHTING MARKET, BY COMPONENT
TABLE 55 REST OF EUROPE SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 56 REST OF EUROPE SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 57 REST OF EUROPE SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 58 REST OF EUROPE SMART LIGHTING MARKET, BY APPLICATION
TABLE 59 ASIA PACIFIC SMART LIGHTING MARKET, BY COMPONENT
TABLE 60 ASIA PACIFIC SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 61 ASIA PACIFIC SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 62 ASIA PACIFIC SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 63 ASIA PACIFIC SMART LIGHTING MARKET, BY APPLICATION
TABLE 64 ASIA PACIFIC SMART LIGHTING MARKET, BY REGION
TABLE 65 CHINA SMART LIGHTING MARKET, BY COMPONENT
TABLE 66 CHINA SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 67 CHINA SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 68 CHINA SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 69 CHINA SMART LIGHTING MARKET, BY APPLICATION
TABLE 70 JAPAN SMART LIGHTING MARKET, BY COMPONENT
TABLE 71 JAPAN SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 72 JAPAN SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 73 JAPAN SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 74 JAPAN SMART LIGHTING MARKET, BY APPLICATION
TABLE 75 SOUTH KOREA SMART LIGHTING MARKET, BY COMPONENT
TABLE 76 SOUTH KOREA SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 77 SOUTH KOREA SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 78 SOUTH KOREA SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 79 SOUTH KOREA SMART LIGHTING MARKET, BY APPLICATION
TABLE 80 INDIA SMART LIGHTING MARKET, BY COMPONENT
TABLE 81 INDIA SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 82 INDIA SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 83 INDIA SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 84 INDIA SMART LIGHTING MARKET, BY APPLICATION
TABLE 85 REST OF ASIA PACIFIC SMART LIGHTING MARKET, BY COMPONENT
TABLE 86 REST OF ASIA PACIFIC SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 87 REST OF ASIA PACIFIC SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 88 REST OF ASIA PACIFIC SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 89 REST OF ASIA PACIFIC SMART LIGHTING MARKET, BY APPLICATION
TABLE 90 REST OF THE WORLD SMART LIGHTING MARKET, BY COMPONENT
TABLE 91 REST OF THE WORLD SMART LIGHTING MARKET, BY PRODUCT TYPE
TABLE 92 REST OF THE WORLD SMART LIGHTING MARKET, BY LIGHT SOURCE
TABLE 93 REST OF THE WORLD SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
TABLE 94 REST OF THE WORLD SMART LIGHTING MARKET, BY APPLICATION
TABLE 95 REST OF THE WORLD SMART LIGHTING MARKET, BY REGION
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About Us
Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.
Media Contact:
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Email: [email protected]
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Robotic Vision is gaining more demand in manufacturing companies in recent time and it will keep growing. Looking at this ultimatum, ‘Market Research Future’ recently released the market insights till 2023. According to this MRFR analysis, the global robotic vision market is expected to reach USD $9 billion and set to grow at CAGR of 12% during the forecast period.
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The Mobile Power Bank Market is required to develop at a CAGR of 21.22%, somewhere in the range of 2017 and 2022, and is esteemed at $25.16 billion by 2022. Driving elements for developing the market includes expanding utilization of electronic gadgets, for example, cell phones and tablets, mechanical progressions, and electric blackout in specific nations.
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The Wireless Sensor Network (WSN) Market is assessed to develop at a CAGR of 14% from 2020 to 2025. The developing interest in robotized frameworks essentially determines WSN Market. Computerized frameworks have a few advantages like a less human mistake, better efficiency, and others, which is driving the development of WSN market.
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The Database Encryption Market 2020 is poised to grow exponentially over the review period, securing a substantial market valuation and a healthy CAGR over the review period.
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Market Research Future in their latest report on the subject. Growing at a CAGR of 19.45% during the forecast period from 2018 to 2023, the global sensor fusion market was valued at USD 2.25 Bn in 2017 and will grow to reach a value of USD 6.37 Bn by 2023.
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Market Research Future (MRFR) has published a research report about the global chip antenna market that foretells a massive raise for this market at a 15% CAGR (Compound Annual Growth Rate) between 2018 and 2023. In terms of value, this market is expected to be worth US $ 6 bn by the end of the forecast period.
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According to this MRFR analysis, the global acoustic microscope market is set to witness huge growth during the forecast phase. The industry will excel further in regards to market shares.
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The fingerprint sensor market was valued at USD 3,490.6 million in 2019, and it is expected to grow at a higher CAGR of 13.27% in the global market during the forecasted period to account for a higher market share value of approximately USD 8,006.6 million by the end of the forecasted period.
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The global RF power amplifier market 2020 is prompted to record a substantial CAGR during the forecast period, 2017-2023. The advancement in the market can be observed with the rising factors from all corners of the globe and due to which, the shares surpassed USD 11 Bn in 2017. Market Research Future estimates the figures and reveals that the market will witness high growth prospects in the coming years.
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The personal protective equipment market is set to grow at a CAGR of 6.32% during the forecast period 2019 to 2025. As per the market research report, the market will hit US$63,109.7 million in terms of valuation by the end of 2025.
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Automated Passenger Counting System Market Research Report, Size, Share, Industry Outlook 2022
Market Scenario:
Automated passenger counting system uses electronic sensors for recording boarding and alighting data of passengers. The global automated passenger counting system market is projected to grow at a CAGR of 20 % during the forecast period of 2016 to 2022.
Market Dynamics:
Explosive Growth And Growing Complexity Of Travel And Tourism Is The Prime Driver Of The Market
The explosive growth of travel and tourism, increasing concern of passenger security, growing complexity, and means of travel, demand for real-time information, and customer satisfaction are the prime drivers of the market. Effective management of crowd help to mitigate concerns of security especially in public transport systems is an essential paradigm behind the adoption of passenger counting system.
Development Of Automation And Sensor Technology, And Advent Of Analytics Is Expected To Be The Future Of The Market
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The developments in automation and sensor technology, advent of analytics, benefits of price discovery, cost-effectiveness owing to automation, increasing necessity to achieve fleet optimization, demand for smart telematics solutions forecasting, business and operations intelligence gained by the advantage of the passenger counting systems are driving greater adoption. Elimination of errors resulting from manual paperwork, the convergence of information at a single platform and others are the technological drivers of the market. The real-time information presented by systems which help in forewarning about an untoward event, thereby contributing to take corrective action is another driver of the market. Development of greater functionality such as surveillance, capacity prediction, and others are also fuelling the demand.
The pricing of tickets and upgrading to real-time passenger information systems are the most extensive market opportunities for theautomated passenger counting system market. The better accuracy and generation of transit use patterns by linking boarding and alighting data with stop or station location is another market opportunity.
Lack Of Awareness Is The Prime Deterrent Of The Market
The high cost of installation and maintenance, lack of awareness, and concerns over data security are prime deterrents of the market growth.
The key drivers for the growth of the automated passenger counting system are and growing urbanization. Also, government regulations supporting automated supporting system installations in the North-American region. However, the high initial cost in the price-sensitive emerging economies and relatively quick return on investment is hindering the growth of the market.
Geographically, North America accounted for the most significant market share in the global automated passenger counting system market whereas Asia-Pacific region is expected to grow at a fast pace over the forecast period 2016-2022.
Dominant Players
The prominent players operating in the global automated passenger counting system market report include Ris-GmbH (Germany), HELLA Aglaia Mobile Vision GmbH (Germany), Eurotech S.p.A. (Italy), DILAX Intelcom GmbH (Germany), Infodev Electronic Designers International Inc. (Canada), Cisco Systems, Inc. (U.S.) Siemens AG (Germany), Hitachi, Ltd. (Japan), Huawei Technology Co., Ltd. (China), Clever Devices Ltd. (U.S.), Retail Sensing Ltd. (U.K.), Syncromatics Corp. (U.S.), and Trapeze Group (Canada) and others.
Table of Content:
6 GLOBAL AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY SEGMENTS6.1 INTRODUCTION6.2 MARKET STATISTICS6.2.1 BY TECHNOLOGY6.2.1.1 INFRARED,6.2.1.2 STEREOSCOPIC VISION,6.2.1.3 TIME-OF-FLIGHT,6.2.1.3 IP CAMERAS6.2.2 BY APPLICATION6.2.2.1 RAILWAYS6.2.2.2 AIRWAYS6.2.2.3 ROADWAYS6.2.3 BY END-USERS6.2.3.1 BUSES6.2.3.2 TRAINS6.2.3.3 FERRY BOATS6.2.3.4 OTHERS6.2.4 BY GEOGRAPHY6.2.4.1 NORTH AMERICA6.2.4.2 EUROPE6.2.4.3 ASIA-PACIFIC6.2.4.4 REST OF THE WORLD7 COMPETITIVE ANALYSIS7.1 MARKET SHARE ANALYSIS7.2 COMPANY PROFILES7.2.1 RIS-GMBH7.2.2 HELLA AGLAIA MOBILE VISION GMBH7.2.3 EUROTECH S.P.A7.2.4 DILAX INTELCOM GMBH7.2.5 INFODEV ELECTRONIC DESIGNERS INTERNATIONAL INC.7.2.6 CISCO SYSTEMS, INC.7.2.7 SIEMENS AG7.2.8 HITACHI, LTD7.2.9 HUAWEI TECHNOLOGY CO., LTD.7.2.10 CLEVER DEVICES LTD.7.2.11 OTHERSLIST OF TABLESTABLE 1 GLOBAL AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY TECHNOLOGYTABLE 2 GLOBAL AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY APPLICATIONTABLE 3 GLOBAL AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY END-USERSTABLE 4 GLOBAL AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY GEOGRAPHYTABLE 5 NORTH AMERICA AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY TECHNOLOGYTABLE 6 NORTH AMERICA AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY APPLICATIONTABLE 7 NORTH AMERICA AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY END-USERSTABLE 8 NORTH AMERICA AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY GEOGRAPHYTABLE 9 U.S. WORKFORCE MANAGEMENT, BY TECHNOLOGYTABLE 10 U.S AUTOMATED PASSENGER COUNTING SYSTEM MARKET, APPLICATIONTABLE 11 U.S. AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY END-USERSTABLE 12 U.S. AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY GEOGRAPHYTABLE 13 CANADA AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY TECHNOLOGYTABLE 14 CANADA AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY APPLICATIONTABLE 15 CANADA AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY END-USERSTABLE 16 CANADA AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY GEOGRAPHYTABLE 17 EUROPE AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY TECHNOLOGYTABLE 18 EUROPE AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY APPLICATIONTABLE 19 EUROPE AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY END-USERSTABLE 20 EUROPE AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY GEOGRAPHYTABLE 21 GERMANY AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY TECHNOLOGYTABLE 22 GERMANY AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY APPLICATIONTABLE 23 GERMANY AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY END-USERSTABLE 24 GERMANY AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY GEOGRAPHYTABLE 25 FRANCE AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY TECHNOLOGYTABLE 26 FRANCE AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY APPLICATIONTABLE 27 FRANCE AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY END-USERSTABLE 28 FRANCE AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY GEOGRAPHYTABLE 29 U.K. AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY TECHNOLOGYTABLE 31 U.K. AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY APPLICATIONTABLE 32 U.K. AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY END-USERSTABLE 33 U.K. AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY GEOGRAPHYTABLE 34 REST OF EUROPE AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY TECHNOLOGYTABLE 35 REST OF EUROPE AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY APPLICATIONTABLE 36 REST OF EUROPE AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY END-USERSTABLE 37 REST OF EUROPE AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY GEOGRAPHYTABLE 38 ASIA-PACIFIC AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY TECHNOLOGYTABLE 39 ASIA-PACIFIC AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY APPLICATIONTABLE 40 ASIA-PACIFIC AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY END-USERSTABLE 41 ASIA-PACIFIC AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY GEOGRAPHYTABLE 42 MIDDLE EAST & AFRICA AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY TECHNOLOGYTABLE 43 MIDDLE EAST & AFRICA AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY APPLICATIONTABLE 44 MIDDLE EAST & AFRICA AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY END-USERSTABLE 45 MIDDLE EAST & AFRICA AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY
GEOGRAPHYLIST OF FIGURESFIGURE 1 RESEARCH APPLICATIONFIGURE 2 GLOBAL AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY TECHNOLOGY (%)FIGURE 3 GLOBAL AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY APPLICATION (%)FIGURE 4 GLOBAL AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY END-USERS(%)FIGURE 5 GLOBAL AUTOMATED PASSENGER COUNTING SYSTEM MARKET, BY REGIONS(%)FIGURE 6 NORTH AMERICA AUTOMATED PASSENGER COUNTING SYSTEM , BY COUNTRY(%)FIGURE 7 NORTH AMERICA AUTOMATED PASSENGER COUNTING SYSTEM , BY TECHNOLOGY (%)FIGURE 8 NORTH AMERICA AUTOMATED PASSENGER COUNTING SYSTEM , BY APPLICATION (%)FIGURE 9 NORTH AMERICA AUTOMATED PASSENGER COUNTING SYSTEM , BY END-USERS (%)FIGURE 10 EUROPE AUTOMATED PASSENGER COUNTING SYSTEM , BY COUNTRY (%)FIGURE 11 EUROPE AUTOMATED PASSENGER COUNTING SYSTEM , BY TECHNOLOGY (%)FIGURE 12 EUROPE AUTOMATED PASSENGER COUNTING SYSTEM , BY APPLICATION (%)FIGURE 13 EUROPE AUTOMATED PASSENGER COUNTING SYSTEM , BY END-USERS (%)FIGURE 14 ASIA-PACIFIC AUTOMATED PASSENGER COUNTING SYSTEM , BY COUNTRY (%)FIGURE 15 ASIA-PACIFIC AUTOMATED PASSENGER COUNTING SYSTEM , BY TECHNOLOGY (%)FIGURE 16 ASIA-PACIFIC AUTOMATED PASSENGER COUNTING SYSTEM , BY APPLICATION (%)FIGURE 17 ASIA-PACIFIC AUTOMATED PASSENGER COUNTING SYSTEM , BY END-USERS (%)FIGURE 18 REST OF THE WORLD AUTOMATED PASSENGER COUNTING SYSTEM , BY COUNTRY (%)FIGURE 19 REST OF THE WORLD AUTOMATED PASSENGER COUNTING SYSTEM , BY TECHNOLOGY (%)FIGURE 20 REST OF THE WORLD AUTOMATED PASSENGER COUNTING SYSTEM , BY APPLICATION (%)FIGURE 21 REST OF THE WORLD AUTOMATED PASSENGER COUNTING SYSTEM , BY END-USERS (%)Segments:
The global automated passenger counting system market is segmented by technology, application, end-users, and region.
By technology, the market is segmented into infrared, stereoscopic vision, time-of-flight, IP cameras.
Based on application, the market is segmented as railways, roadways, airways. Railways accounted for the most significant market share owing to need for real-time information related to train timetables, train delays, current location, emergency announcements, advertisements and infotainment services.
Based on end-users, the market is segmented into buses, trains, ferry boats among others.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific and rest of the World.
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