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Radiofrequency Identification Market in Healthcare to Register 13.90% CAGR between 2014 and 2020

The global market for radiofrequency identification market in the healthcare sector is currently fragmented in nature with several players operating in it, states a new research report by Transparency Market Research. However, with a significant rise in the number of mergers and collaborations, the market is expected to get consolidated throughout the forecast period. The acquisition of Motorola Solutions by Zebra Technology and the collaboration of Intermec by Honeywell are among the key takeovers, which have significantly changed the competitive scenario of the overall market. The leading players operating in the radiofrequency identification market in the healthcare sector across the globe are Motorola Solutions (now Zebra Technologies), Alien Technology, GAO RFID, Inc., STiD, Sato Holdings, Intermec, Invengo, Applied Wireless Identifications Group, Impinj, and CAEN RFID.

According to the research study by TMR, in 2013, the global market for radiofrequency identification in the healthcare sector was worth US$1.9 bn and is projected to reach a value of US$5.3 bn by the end of 2020. The market is further estimated to register a 13.90% CAGR between 2014 and 2020.

China to Lead Global Radiofrequency Identification Market in Near Future

The global market for radiofrequency identification market for the healthcare sector has been divided on the basis of geography into five segments. At present, North America led the global market and is estimated to witness high growth in the next few years. On the flip side, the emergence of low-cost radiofrequency identification components in China is projected to enhance the growth of the market in the next few years. Thus, North America and Europe are expected to face a stiff competition in the coming few years and Asia Pacific is likely to witness high growth in the coming few years.

The global market for radiofrequency identification has been classified on the basis of application into equipment tracking, medical report, samples and blood transfer tracking, medicine tracking, supply chain, and people identification and tracking. Among these, the medical report and medicine tracking are projected to witness high growth in the next few years. The rise in the use of radiofrequency identification is projected to rise, thanks to the increasing consumer awareness is estimated to enhance the market growth throughout the forecast period.

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Rising Investment in Healthcare Sector to Drive Global Market

In the last few years, the healthcare sector has been making use of radiofrequency identification, thus accelerating the market growth in the next few years. The increasing use of radiofrequency identification for access and security control and the rising government initiatives are anticipated to enhance the market growth in the near future. In addition to this, the emergence of Internet of Things based radiofrequency identification labeling is projected to support the market growth in the near future.

On the flip side, the issues related to the device interoperability and the high cost of radiofrequency identification are expected to act as key challenges, thus restricting the growth of the overall market in the coming few years. Nonetheless, the increasing investments for the enhancement of the healthcare sector and the rising government support are projected to offer opportunities for the market players throughout the forecast period.

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Key Takeaways:

The rise in the level of awareness among people concerning the advantages of using radiofrequency identification solutions to encourage market growth in the near future.

The adoption of new and advanced technology is projected to enhance the growth of the overall market throughout the forecast period.

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Industrial Emission Control Systems Market : Rapid Establishment of Power Plants Raises Environmental Concerns

Global Industrial Emission Control Systems Market: Snapshot

The world industrial emission control systems market is prophesied to expand rapidly on account of a high global demand for power and mounting industrialization coupled by predominant enforcement of stringent regulations by environmental regulatory and government bodies. Regulations pertaining to the emission of harmful gases such as sulfur dioxide and nitrogen oxide and particulate matters are expected to make it obligatory on the part of several industries to conform to local and international emission standards. The world industrial emission control systems market could also gain impetus from increasing global trade and aggressive industrialization in emerging economies.

By 2023, the world industrial emission control systems market is prognosticated to showcase a significant improvement in revenue valuation by raking in a US$22.09 bn. In 2016, a valuation of US$13.44 bn was earned by the world industrial emission control systems market. During the forecast period 2015–2023, the world industrial emission control systems market could register a 7.3% CAGR.

Rapid Establishment of Power Plants Raises Environmental Concerns

Amongst the top four and other emission sources, power plants are predicted to reserve a commanding share of US$9.7 bn in the international industrial emission control systems market by the final forecast year. Alarming environmental concerns have raised eyebrows due to an influential rise in power demand and industrialization, especially in developing countries. As the domestic manufacturing industry of emerging regions has begun to develop, stringent regulatory structures have taken shape to address the need for reducing industrial emission.

The marine industry is also anticipated to make its substantial contribution to the international industrial emission control systems market because of the surge in global trade. A convincing inflow of investments could be triggered due to the maturation of the international industrial emission control systems market in response to the evolving characteristic of government regulations.

The chemical process industry and power plants are envisaged to register an impressive combined share during the course of the forecast period. Favorable growth of industries in developing countries and maturing industrial hubs worldwide could improve the chances of the establishment of a rocketing count of power plants on a global platform. Moreover, the introduction of new coal-fired power plants is foretold to bolster the demand in the international industrial emission control systems market. A leading measure of power generation via thermal coal-fired power plants could be witnessed in China and India, the two major manufacturing hubs of the world.

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Asia Pacific Takes Driver’s Seat with Advent of Coal-fired Power Plants

Asia Pacific is projected to take the charge in the worldwide industrial emission control systems market on the back of a boosted installation count, swift industrialization, and regulations laid down by different government organizations. The development of coal-fired power plants has particularly gained prominence in the region due to the shortage of developed renewable energy infrastructure. Furthermore, power plants in Asia Pacific are experiencing tremendous pressure from growing population. All of these factors are forecasted to escalate the share of Asia Pacific to 39.58% in the worldwide industrial emission control systems market.

Followed by North America, Asia Pacific could maintain the demand in the worldwide industrial emission control systems market while riding on emerging countries creating tight emission regulations and all-embracing emission standards. Participants are foreseen to sustain their profitability in the worldwide industrial emission control systems market with the involvement of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) in the formulation of strict regulatory criteria. Countries such as Indonesia and Thailand besides China and India could magnify the demand in Asia Pacific with their rising need for electricity.

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Expansion of Information Technology Sector Prompts Cable Management Systems Manufacturers to Intensify R&D Activities

The advent of fiber-optic and coaxial cables has brought in rapid digitization across the world, leading to high utilization of wiring and cables in infrastructure as well as equipment. The humongous growth of information technology and the increasing number of enterprises and institutions that employ high-performance cabling has fueled the demand for advanced cable management systems for data and communication applications, finds a new study by Transparency Market Research. As a result, manufacturers of these systems are focusing aggressively on introducing new products and systems that are capable of adapting to these varying demands.

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According to TMR, an upsurge in the adoption of communication technology is imminent in the near future. Market participants will need to increase research and development activities to cope up with rapidly evolving technologies. At the forefront of this market are Schneider Electric SE, Thomas & Betts Corp., Legrand SA, HellermannTyton Group Plc., Cooper Wiring Devices, and TE Connectivity Ltd.

Expansion in BRICS Construction Industry Fuels Demand for Cable Management Systems

Currently, BRICS countries are witnessing rapid urbanization due to their rising economy. The construction industries in these nations are exhibiting considerable growth, specifically in the residential and commercial sectors. Brazil has recently allotted US$300 bn for the modernization of its ports, power plants, and road networks while, in India, a budget of around US$500 bn has been allocated to be spent on a number of infrastructure projects.

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All these developments are likely to increase the need for wiring and cabling in these economies, thereby fueling the demand for cable management systems significantly. Additionally, the growing demand for energy and the continually increasing investments in infrastructure across the world are projected to add significantly to cable management systems’ consumption over the forecast period.

Most Attractive Opportunities to Arise in Asia Pacific

According to TMR, the opportunity that the global market for cable management systems holds, is likely to grow from a value of US$14.7 bn in 2015 to US$33.9 bn by 2024, expanding at a CAGR of 9.80% between 2016 and 2024. North America has been a prime contributor to the revenue generated in this market over the last few years. Experts suggest this trend will remain continuous over the forecast period. However, in the coming years, Asia Pacific is anticipated to offer most attractive opportunities for cable management systems manufacturers on account of accelerating rate of urbanization in the region.

Cable trays are expected to remain the highest demanded products in this market over the forecast period. In 2015, this segment holds a share of approximately 14% in the overall revenue. Metallic cable management systems, which accounted for a share of more than 60% in the overall consumption in 2015, will continue to lead the market with majority share during the forecast period.

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The construction industry accounts for the majority of the consumption of cable management systems across the world. The residential segment in the construction industry is emerging as the largest consumer of these systems due to the upswing in the demand from urban residential areas.

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Demand for Digitally Advanced Services From Tech-savvy Consumers to Drive U.S. Quick Service Restaurant (QSR) IT Market, reports TMR

The presence of a large number of software companies offering distinguished services to the quick service restaurant (QSR) industry in the U.S. has made the U.S. QSR IT market highly competitive, reports Transparency Market Research (TMR) in a recent report. The top five vendors in the market collectively accounted for a mere 25% in the overall market in 2015. To gain an edge, IT services and solutions providers for the QSR industry in the U.S. are continuously innovating and developing products capable of reducing turnaround times of services.

Innovations that can hit the right note with the country’s tech savvy consumers, making their dining experience not only quick but also memorable, are also being increasingly sought. Vendors in the market are creating long-term partnerships with large- and mid-sized QSRs to gain sustained returns in the intensely competitive market. The provision of IT solution in a single package or bundled services, with monthly or annual payment packages, is also emerging as a prominent trend in the U.S. QSR IT market.

Some of the key vendors operating in the market are NEC Display Solutions of America, Inc., Panasonic Corporation, HM Electronics, Inc., Oracle Corporation, NCR Corporation, PAR Technology Corporation, and Revel Systems, Inc.

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Rising Hourly Wages in the U.S. Trigger Adoption of QSR IT Solutions

The U.S. Bureau of Labor Statistics finds that the average hourly earnings of people working in the food services industry has increased from nearly US$11.54 in 2010 to US$13.33 in 2016. This trend in salary inflations is a prominent factor compelling QSR owners in making the shift from manual operations to machine-based automatic operations. In the next few years, IT solutions that can replace the need for manual intervention in QSR operations, such as digital kiosks, tabletop e-waiters, digital checkout counters, and digital menu boards will gain increased adoption. Hand-held devices, especially, such as tablets and smartphones, will gain increasingly prominent positions in the future IT-enabled QSR infrastructures.

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Need for Speed in Consumer Services to Stimulate Demand

With a continuous rise in the numbers of quick service restaurants in the U.S., the competition has also soared. Hence, ways of delivering best-in-class services and meeting consumer expectations are being pursued. This has driven the increased adoption of digital channels for transacting in quick service restaurants in the past few years in the U.S. market. QSRs in the country are updating their internal systems to make meal orders and payments compatible with near field communication and mobile wallets. Contactless payment solutions, which can immensely help smoothen transactions, are increasingly being tested by payment solution providers for creating quick payment options.

In the next few years, the rising number of smartphones users in the country is expected to make smartphones the central point of contact with consumers for the QSR industry. Thus solutions enabling purchasing, ordering, and payment using smartphones will be the most promising revenue generators.

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Aids to Navigation (AtoN) Management and Monitoring Systems Market is projected to expand at a CAGR of 4.0% during the forecast period from 2018 to 2026

According to a new market report pertaining to the Aids to Navigation AtoN Management and Monitoring System Market published by Transparency Market Research, the AtoN management and monitoring system market is projected to reach US$ 9,075.1 Mn in 2026, driven by a rise in marine trade across the globe. The market is projected to expand at a CAGR of 4.0% during the forecast period from 2018 to 2026. The expansion of the market is attributed to high coastal security concerns and demand for AtoN management and monitoring systems from the defense sector. Asia Pacific is anticipated to lead the AtoN management and monitoring system market, followed by Europe and South America, during the forecast period.

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Rise in Marine Trade is Likely to Drive the Market

Increasing marine trade activity across the globe is creating significant demand for marine safety and security and marine traffic management. A rise in marine trade increases the need for appropriate navigation, continuous monitoring of vessels and routes, and managing traffic. All these factors contribute to the growth of the AtoN management and monitoring system market across the world.

VHF-based data exchange systems (VDES) provide a robust and global standard communication system for e-navigation, supporting the safety and efficiency of ship and shore operations. An increase in marine trade is expected to exert pressure on existing navigational tools.

AtoN Management and Monitoring System Market: Scope of the Report

The AtoN management and monitoring system market has been segmented based on system, type, navigation components, end-use industry, and region. In terms of system, the integrated systems segment is expected to dominate the global market in 2018.

Asia Pacific led the AtoN management and monitoring system market, accounting for a substantial share in 2017. China was a major country of the AtoN management and monitoring systems market in the region. The AtoN management and monitoring system market in North America, Europe, Middle East & Africa, and South America is also expected to expand during the forecast period.

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AtoN Management and Monitoring System Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global AtoN management and monitoring system market. Key players profiled in the report include Tideland, GISMAN, McMurdo Group, i-Marine Technologies, Pharos Marine Automatic Power Inc., Navielektro, Greenfinder, Carmanah Technologies Corp., Vesper Marine, and Pinc Technology Sdn Bhd..

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Smart Speaker Market to rise at Promising 18.01% CAGR during 2018– 2026

The global smart speaker market is expected to be increasingly competitive as a growing number of players are launching smart speaker technologies that offer end users with varied functionalities, notes Transparency Market Research (TMR). Astute players consider it worthwhile to adopt a mix of smart strategies to gain a competitive edge over their peers in the smart speaker market. TMR finds that prominent players in the global smart speaker market are focusing on unveiling the ecosystem of smart speakers that can be controlled with simple voice commands and intuitive voice assistant technologies.  Numerous leading companies are focusing on developing smart speakers with advanced artificial intelligence (AI) technologies. Several companies are also focusing on mergers and acquisitions to bolster their productivities and consolidate their positions in the global smart speakers market.

Top players operating in the global smart speaker market include Xiaomi Inc., Harman International, Amazon.com, Sonos, Inc., and Apple, Inc.

The global smart speaker market is projected to rise at a robust CAGR of 18.01% from 2018 to 2026 and touch a valuation of US$18,472.1 million by 2026 end.

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Opportunities in Asia Pacific on the global front is anticipated to be one of the most attractive regional markets for smart speakers, and is projected to rise at an impressive CAGR of 19% from 2018 to 2026. The demand for smart speakers is fueled by burgeoning popularity of smart artificial intelligence-based devices, especially among consumers in developing economies.

Among the broad modes of sale in the smart speaker market, online is expected to account for the major share throughout the assessment period. This can be attributed to the preference of several prominent players focusing on online channels for bolstering their product sales. Furthermore, online sales channels offer increasing convenience to consumers.

Popularity of AI-enabled Speakers underpin Market Expansion

The smart speaker market is driven by the rising demand for AI-enabled speakers across the world, especially among home users. The growth in the market is propelled by the rising demand for customizable speaker devices that can be controlled by simple voice commands and features intuitive features. The growing popularity of AI-based digital assistants capable of doing myriad tasks through easy voice commands is a notable factor catalyzing the expansion of the smart speaker market. The attractive strides that the demand for smart home devices has made across techno-savvy consumers, especially in developing and developed regions, has been boosting the global smart speaker market.

The smart speaker market is benefitting immensely from the demand for advanced voice technology and voice-controlled personal assistants gathering steam among consumers in developed markets, most notably in Europe. The integration of advanced technologies by audio manufacturers is also catalyzing the demand for smart speakers. Furthermore, the advent of smart speakers that are compatible with various smart home devices is also propelling the growth of the smart speaker market.  

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Compatibility Issues and Lack of Standardization Key Challenges for Smart Speaker Manufacturers

However, the market has been facing few bottlenecks from problems that can arise out of compatibility issues of smart speakers with various smartphones, such as privacy issues. Moreover, the lack of standardization in these devices is also crippling the steady expansion of the smart speaker market.

The adoption of Bluetooth connectivity and Wi-Fi connectivity in wireless smart speakers has been positively impacting the demand dynamic. Furthermore, the advent of smart speakers with more smart functionalities that can be controlled by app is expected to favor the evolution of the smart speaker market.

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Facial Recognition Market to rise at a Fantastic CAGR of 9.5% between 2015-2022

The global facial recognition market was valued at US$ 1,307.0 Mn in 2014 and is expected to grow at a CAGR of 9.5% from 2015 to 2022. Currently, the market is primarily driven by robust technological advancements for development of efficient surveillance systems required by civil and government agencies. This is due to rising instances of criminal and terrorist activities and identification of fraud cases across the globe. Moreover, facial recognition systems that can scan images in all environmental conditions are being developed using 3D facial recognition technology. This would help overcome the barriers of 2D facial recognition technology that include light and pose deflections of the object. However, restrictions on users to share their personal details i.e. covert monitoring of an individual, is expected to hinder the market growth. Furthermore, increased adoption of facial recognition in web applications for picture tagging, social interaction, and others is expected to drive the demand for facial recognition in future.

The global facial recognition market is analyzed on the basis of parameters such as type of technology, end-use industry and geographic regions. Of the different technology types, the 2D facial recognition technology segment contributed a significant revenue share in the global market in 2014. This is due to the adoption and acceptance of 2D facial recognition technology in surveillance, which is primarily due to its low cost and easy installation using existing cameras. The market for 3D facial recognition technology, that offers better and accurate results, is expected to record steady growth as compared to 2D technology. Furthermore, the facial recognition market is witnessing development of facial analytics systems that help generate descriptive metadata about a given face, apart from simple identification. This has resulted in the use of facial recognition technique as both identification and authentication tools.

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Facial recognition technology, primarily used for human face detection and identification helps in better surveillance at a particular location where strict people movement monitoring is required. Thus, this technology has wide acceptance across industry verticals namely government and utilities, military, homeland security, banking, financial services, and insurance (BFSI), retail, and others. In 2014, the government and utilities segment recorded the highest market revenue share as compared to other end-use industries. This is due to the growing security threats at government organizations and departments coupled with the demand for better authentication systems to minimize crimes related to identification (ID) frauds. Apart from its wide use in border control, facial recognition is extensively used for law enforcement in order to covertly monitor people. However, in future, facial recognition is expected to be used as authentication method in various handheld devices such as laptops, computers, and smart phones. Furthermore, retail industry is expected to witness rapid adoption of facial recognition in terms of security as well as surveillance to monitor customer behavior.

Geographically, North America dominated the global facial recognition market in 2014 and accounted for around 38% share of the total market in the same year. Further, the Asia-Pacific region with major markets such as Australia, Japan, South Korea, India, China, Malaysia, and Singapore, is expected to record steady growth as compared to other regions in later years of the forecast period. Other countries such as Mexico, Brazil, and few of the Middle Eastern countries are expected to witness wide adoption of facial recognition technology.

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Software Defined Networking (SDN) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2012 - 2018

Software Defined Networking (SDN) is an approach to building a more scalable and flexible network. This approach enables network administrators to establish data flow control across the entire network instead of individual devices. It also helps in creating secure paths for data flow with relative ease. With SDN technology, the network can be programmed and managed at a higher dynamic scale with more agility and flexibility. In order to implement cloud computing services effectively within an organization and to optimize its benefit in the networking environment, a clear understanding of SDN technology is very important.  The global SDN market is primarily driven by the growing demand for cloud services and increasing need for mobility. The increasing need for efficient infrastructure is also supporting the growth of this market. Some of the factors inhibiting the growth of this market are lack of awareness and standardization. BYOD (Bring Your own Device) policy in organizations and rapid technological advancements in network serve as an opportunity for this market. Driven by impact of all the aforementioned factors, the global market for SDN is expected to record a CAGR of 61.5% during the period 2012 - 2018.   Among the different end users, enterprises constituted the largest segment in 2012. To address the increasing need for virtualization, agility, and security in today’s network, SDN technology is gaining high attention as a viable solution. With the help of SDN technology, telecommunication service providers can balance networks at a more dynamic scale and can take advantage of new revenue generating possibilities. Out of the four major solutions, namely – SDN switching, SDN controllers, cloud provisioning and orchestration and others (security and services), the cloud provisioning and orchestration holds majority of the market share followed by SDN switching and SDN controllers. This solution helps in balancing the traffic between the servers and maintain resiliency within the network. Due to the growing need for efficient network infrastructure, consumers are moving towards the SDN technology.  Brochure With Latest Advancements and Application @https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=369 North America held majority of the market share in 2012, followed by Europe and Asia Pacific. The North America SDN market is largely driven by advancements in cloud computing services and higher smartphone penetration. Asia Pacific is expected to be the fastest growing region during the forecast period owing to emerging trend of BYOD in various countries namely China and India, which serve as an opportunity for SDN market. It is estimated that 70% of all smartphone owning professionals in Asia Pacific are using their own devices to access corporate data in office premises and this activity needs to be managed with security concerns. There is a need for innovative solution which provides security to the network without losing the corporate data from personal devices, thus, driving demand for SDN technology in this region. Large multinational players dominate the global SDN market. Key global players active in the SDN market are IBM, Cisco, Juniper Networks, NEC, Alcatel-Lucent, VMware, HP, Google, Big Switch Networks, Arista Networks, Brocade Communications Systems, Verizon Communications, Intel Corporation among others. Download Report TOC for in-depth analysis @ https://www.transparencymarketresearch.com/report-toc/369

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Automotive Steering Member Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

An automotive steering member or system is an important link between the driver and the vehicle, as it enables the driver to control and maneuver the vehicle. The steering member helps the driver to control the vehicle and perform various maneuvers such as turning. Several major technological developments have taken place in the automotive steering member system since its inception. Presently, vehicles are equipped with various active safety systems, such as anti-lock braking system (ABS) and electronic stability program (ESP), while the steering member plays a crucial role in the vehicle’s safety as it is majorly responsible for the movement of the vehicle in any direction.

The global automotive steering member market is expected to expand during the forecast period due to an increase in the demand for vehicles, as it is a major component in the vehicle. New technologies are being introduced in the automotive steering system to increase the efficiency, control, and maneuverability of the vehicle. Major drivers of the automotive steering member market are increasing demand for new technology steering member system, such as electric, hydraulic, and electro-hydraulic components along with mechanical components of the steering member, which enable the driver to effortlessly steer and maneuver the vehicle in tough situations. A major restraint of the automotive steering member market is the high cost associated with the manufacturing of power steering.

The global automotive steering member market can be segmented based on type, component, vehicle type, and region. In terms of type, the global automotive steering member market can be bifurcated into hydraulic power steering, electronic power steering, and electrically assisted hydraulic power steering. Based on component, the automotive steering member market can be segregated into steering/column/rack, electric motor hydraulic pump, and sensors. Based on vehicle type, the automotive steering member market can classified into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. The passenger vehicle segment can be further sub-segmented into hatchback, sedan, and SUV/MUV. In terms of region, the automotive steering member market can be divided into Asia Pacific, Middle East & Africa, Europe, Latin America, and North America. The market in Asia Pacific is projected to expand at a prominent pace during the forecast period due to the increase in demand for vehicles and rise in per capita income of customers in the region. Furthermore, China and India are among the major producers of automobiles, which in turn is expected to fuel the automotive steering member market in Asia Pacific during the forecast period. Europe is anticipated to be a major market for steering member , as several OEMs have their presence in the region. Moreover, the region accounts for a major share of production of automobiles, globally. This, in turn, is anticipated to propel the automotive steering member market in the region during the forecast period.

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Key players operating in the global automotive steering member market include ZF Friedrichshafen Ag, Robert Bosch GmbH, JTEKT Corporation, Sona Koyo Steering Systems Ltd, NSK Ltd, Nexteer Automotive, ThyssenKrupp, Mando Corporation, Hitachi Automotive Systems Limited, Showa Corporation, and ATS Automation Tooling Systems.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Digitally Printed Wallpaper Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

Digitally Printed Wallpaper Market - Overview

Digital printing is referred to as the technique of printing on a variety of media directly from a digital-based image. Digital printing is a major part of the graphics industry. The technologies of digitally printed wallpaper offers more option of substrates to designers, owing to the use of non-contact printing. This further eliminates the distortion of images that occurs in the analogue process. Furthermore, digitally printed wallpaper requires less harsh techniques for holding the substrate in the press, thereby providing various options of substrates such as very thin paper, fabrics, and ceramics. Increase in demand for digital printing has led to the enhanced adoption and development of the digitally printed wallpaper technology.

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Digitally printed wallpapers enhance the aesthetic appeal of walls and are more economical as compared to interior paint. Advancements in material technologies, such as those used for the production of vinyl, have made all covering material more durable. Vinyl wallpaper lasts five times longer as compared to interior paint under normal conditions. Also, digitally printed wallpapers manufactured with non-woven material or paper are environmentally friendly. A combination of simple technology and natural materials is safer for the environment as compared to interior paint. These factors are anticipated to drive the digitally printed wallpaper market in the coming years. Increasing demand for new construction globally owing to rapid industrialization and urbanization with large-scale investments in the infrastructural and industrial sectors is expected to spur the market growth over the forecast period. Furthermore, growing demand for interior decoration and increasing construction activities in emerging countries is also projected to create growth opportunities for the market in the coming years. However, stiff competition among paints and coatings manufacturers and high initial investment are expected to restrain the market during the forecast period.

Digitally Printed Wallpaper Market - Segmentation

The digitally printed wallpaper market can be categorized based on substrate, printing technology, end-use, and region. Based on substrate, the digitally printed wallpaper market can be segmented into paper, vinyl, nonwoven, and others. The vinyl segment is expected to expand at a rapid pace in terms of volume, owing to an increase in demand for vinyl-based wallpapers from the non-residential and residential construction sectors in the emerging counties of Asia Pacific. The significant growth of the vinyl- based wallpaper segment can be attributed to the low cost, better durability, stain resistance, and easy maintenance properties of vinyl-based wallpapers. In terms of technology, the digitally printed wallpaper market can be categorized into electrophotography and inkjet. The inkjet segment is anticipated to hold a major share of the market over the forecast period. The dominance is attributed to the scalability and simplicity of use of inkjet printing technology and its capability of producing high-quality prints. Based on end-use, the digitally printed wallpaper market can be classified into residential, non-residential, and automotive & transportation. The residential segment is projected to dominate the market and is also expected to expand at a robust pace, owing to rapid industrialization and urbanization and increase in demand for aesthetically appealing interior decoration.

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In terms of region, the digitally printed wallpaper market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is projected to contribute significantly to the digitally printed wallpaper market. Growing industrialization in Indonesia, China, and India is leading to high demand for digitally printed wallpapers in the non-residential and residential construction sectors. Furthermore, a rise in living standards and increase demand for new houses is likely to boost demand for vinyl-based wallpapers in the near future.

Digitally Printed Wallpaper Market - Key Players Prominent players in the industry include Tapetenfabrik Gebr, Rasch GmbH & Co. KG (Germany), MX Display (U.K.), A.S. Création Tapeten (Germany), Graham & Brown (England), Flavor Paper (U.S.), Muraspec Decorative Solutions (U.K.), 4walls (U.S.), Peggy-Betty Designs (U.K.), Hollywood Monster (U.K.), The Printed Wallpaper Company (U.K.) and Great Wall Custom Coverings (U.S.).

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Skateboarding Equipment and Gear Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

Skateboarding is a form of sport and recreation activity and is very popular among the youth. A skate board is made up of wood in the shape of a surfboard, with four wheels attached to it. It is ridden by a single person, guiding the movement with the feet. Some people use it as a mode of transportation for short distances, and most people use it to perform stunts. Skateboards have become popular among surfing enthusiasts, and owing to the interest in skateboarding, manufacturers are experimenting and coming up with different materials in the manufacture of skateboards and related equipment. Skateboards are available in two different types: long boards and shorts boards. Longboards are used for cruising and racing, and short boards are usually used to perform different types of skateboarding tricks.

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The skateboarding community and manufacturers have predicted an expansion in the skateboarding equipment and gear market across several regions due to the upcoming 2020 Tokyo Olympics. In the emerging countries of Asia Pacific, skateboarding culture is new, and these countries are expected to present an opportunity for the skateboarding equipment and gear market. Owing to the upcoming Olympics, the sports business is likely to continue to see growth in the near future. Skateboarders are able to skate with ease and comfort with the help of skateboarding equipment and gear such as footwear and skateboarding protective gear (helmets, knee pads, etc.).  Skateboarding footwear is made of rubber or polyurethane soles with minimal or no pattern. Leather is used to ensure longevity. Demand for skateboarding protective gear is anticipated to rise at a slow rate as most skateboarders do not use protective gear.

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The skateboarding equipment and gear market is expected to expand at a steady pace during the forecast period owing to rise in awareness about skating as a sport and rise in popularity of skateboard tournaments such as X Games, Marinela Demons, Exposure skate, Dew Tour, Boardr Am, and Copenhagen Pro among others. Skateboarding is now established in developed countries such as the U.S. and Germany, and vert skateboarding is being replaced by street skateboarding. Skateboarding has become common worldwide due to various magazines, event updates, and videos. The number of skateboarders is increasing significantly, and professional skateboarders are gaining popularity and becoming famous like football players. This is anticipated to boost demand for skateboard equipment and gear.

The global skateboarding equipment and gear market can be segmented based on product, board, end-user, distribution channel, and region. In terms of product, the market can be classified into skateboards, skateboarding footwear, and skateboarding protective gear. Based on board, the market can be divided into long boards and short boards. In terms of end-user, the market can be categorized into amateur and professional. Based on distribution channel, the skateboard equipment and gear market can be classified into hypermarkets/supermarkets, specialty stores, departmental stores, online retailers, and others (brand outlets, independent vendors, etc.).

In terms of region, the global skateboarding equipment and gear market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the global market, followed by Europe. The American lifestyle tends to tilt more toward sports, and skateboarding is an increasingly popular recreational activity among young males in the U.S. Skateboarding is considered a fun and healthy sport that offers a low-impact aerobic workout. The market in Asia Pacific is expected to expand at a rapid rate among all regions, owing to a rise in population; awareness about health and fitness benefits related to sports; and rise in disposable income in India, China, and Japan.

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Optical Fiber Market - Key vendors are Fujikura Ltd., Prysmian Group, Tata Communications, Nexans S.A., Corning Inc.

Optical Fiber Market – Overview

With the advancement of the semiconductor industry, there has been a tremendous increase in demand for more efficient production of communication devices to meet the requirement. In the recent years, copper wires has been replaced by the fiber optics, as one of the appropriate communication link for the transmission of data and signal. Optical fiber or the fiber optics transmits the data in the form of photons or the light particles. In other words, optical fiber is a technology that utilizes light to carry data communication over a long distance. Optical fiber is a transparent, flexible strand of pure glass transmits light between two ends of the fiber. The optical fiber consists of the core that is surrounded by the cladding layer, which is made up of the dielectric material. Optical fibers are mostly used for the long distance communications however; sometimes they are also used for short distances. A huge amount of data is easily transmitted through the fiber optics that is not interfered by the electric and magnetic fields. Optical fibers are mostly used in the communication and networking industry. Military and space industries also use the optical fiber for means of communication, due to its ability to offer the temperature sensing. Also on of the major application of fiber optics is in medical instruments to provide precise illumination. It enables biomedical sensors to assist in the minimization of invasive medical procedures. Other medical applications for fiber optics include X-ray imaging, endoscopy, light therapy and surgical microscopy.

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Optical Fiber Market – Trends and Opportunities

The major driver that drives the Optical fiber market is the increasing adoption of FTTX (fiber topologies from telecom service to the customer), rising use of internet of things (IoT).  The other benefits offered by optical fiber includes reliability, high bandwidth, low power loss and preferable to long distance communication. One of the major restraints that restricts the growth of the optical fiber market is the high cost of installation and the increasing adoption of wireless communication. However, the future opportunities such as advancement in the technologies in the optical fiber technology and the increasing expenditure in the optical fiber technology is expected to contribute to the growth of the optical fiber market.

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Optical Fiber Market – Segmentation

Optical fiber market is segmented into type, material type, industry and geography. Optical fiber market based on type can be segmented into multimode fiber and single mode fiber. Further, the multimode fiber is segmented into step index multimode fiber and graded index multimode fiber. Based on material type, the optical fiber market is segmented into plastic optical fiber and glass optical fiber. Based on industry, the Optical fiber is segmented into telecommunication, aerospace & defense, healthcare, energy & utilities, and others. Optical fiber market is also segmented on the basis of regions into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America market is expected to have a significant market share due to the already developed technologies, followed by the Europe. Asia Pacific market is expected to grow with the significant growth rate, due to the emerging economies such as China, India and Japan.

Optical Fiber Market – Key Players

Some of the major players operating in the optical fiber market are Fujikura Ltd., Prysmian Group, Tata Communications, Nexans S.A., Corning Inc., General Cable Corporation, Sumitomo Electric Industries, Ltd., Commonscope, Inc., Furukawa Electric Co., Ltd., and Furukawa Electric Co. Ltd. among others.

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Microwave Transmission Equipment Market - Top players are Nokia Corporation (Finland), Ericsson AB (Sweden), Anritsu Electric Corporation

Microwaves are electromagnetic waves having wavelengths between the range of one millimeter (mm) to 1000 mm and frequency between the ranges of 300 megahertz (MHz) to 300 gigahertz (GHz). The frequencies are generally classified based on the Institute of Electrical and Electronics Engineers (IEEE) radar band designations, namely S band, C band, X band and K band among others. Microwaves have relatively smaller wavelength, when compared to regular radio waves. Microwave communication is similar to radio communication and consists of data transmission wirelessly. Transmissions of microwaves are done with the aid of various types of equipment such as antennas, multiplexers, modulators, transmitters and receivers among others. Microwave transmissions are mostly done for point-to-point communication links. The higher range of microwaves often gets absorbed by the atmospheric gases and hence leads to relatively low communication distances. Additionally, microwaves don’t diffract around obstructions or reflect from the earth’s atmosphere. Hence these microwave transmission equipment are designed for various different types of communications modes. Microwaves are also utilized in the healthcare industry, where the microwave transmission equipment are different in nature. Modern microwave transmission equipment offers several new features such as better channel capacity, owing to higher packet compression, higher number of topology support, and scalable multichannel microwave links among others.

Microwave transmission equipment market is primarily being driven by their growing application for communications, in telecommunications and aerospace sectors. Microwave can be utilized for point-to-point communication links, radar, satellite communication, and remote sensing among others. Such applications have been promoting the growth of the microwave transmission equipment market. Additionally, the higher penetration of internet and growing demand for high speed internet has also been instrumental in the demand growth for microwave transmission equipment. Currently, the huge growth in demand for 4G internet has been instrumental in the growing demand for these equipment in emerging economies. Furthermore, the growing demand for industrial and home automation has also been strongly supporting the growth of the microwave transmission equipment market. However, the huge growth in demand for internet and internet of things (IOT) connected devices is not efficiently supported by the traditional microwave-based networks. While modern microwave transmission equipment can efficiently support such demand, compatibility issues with the legacy systems has been the major restraining factor for higher adoption of these equipment. This in turn has been restraining the growth of the microwave transmission equipment market to some extent. Considering the penetration of advanced microwave transmission equipment, and higher adoption of such equipment, the market can be expected to grow at a very fast pace, during the forecast period, from 2017 – 2025.

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On the basis of components, the microwave transmission equipment market has been segmented into antennas, indoor units, outdoor units, aggregation units, cable & accessories and others. By mounting type, the global market for microwave transmission equipment have been segmented into full indoor mounting, full outdoor mounting and split mount. Based on application of microwave transmission equipment, the market has been segmented into cellular communication, satellite communication, radio communication, radar, satellite communication and others. The global market for microwave transmission equipment, by region, has been segmented into five major regions. They are North America, Europe, Asia Pacific (APAC), South America and Middle-East & Africa (MEA). Asia Pacific had the largest market share in 2016, owing to factors such as high penetration of internet, huge growth of telecommunications industry and strong growth of telecommunication infrastructure among others.

The major companies of the microwave transmission equipment market globally are Nokia Corporation (Finland), Ericsson AB (Sweden), Anritsu Electric Corporation (Japan), Huawei Technologies Co., Ltd. (China), NEC Corporation (Japan), Dragonwave, Inc. (Canada), Giga-tronics Incorporated (The U.S.) and Ogier Electronics (The U.K.) among various other companies.

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Postal Automation Systems Market - Top players are Siemens AG, Toshiba Corporation, NEC Corporation, Pitney Bowes India Private Limited

A postal automation system is an intelligent solution for effective and parcel sorting and bringing mails from the sender to the recipient reliably and quickly. Postal automation systems include mail sorting systems, parcel sorting systems, postal software, and automatic reading and coding systems. Currently, the volume of parcels and packages is continuously on the rise, primarily due to increasing online shopping by end-users. Thus, the demand for efficient and reliable solutions for sorting parcels and delivering them to the recipient on time is increasing. Postal automation systems simplify the complete mail processing chain from pre-sorting to sequencing. These systems reduce fixed costs and improve the quality of service. They also help improve profitability, quality, and competitiveness. Postal automation systems require regular servicing of hardware, upgrade of software, and periodic maintenance. These systems reduce the manual mailing, which leads to reduced labor costs.

The global postal automation systems market is primarily driven by increasing need for delivery of parcels and automated sorting in the postal sector. This is primarily because the traditional postal system has several disadvantages such as human errors, higher processing time required, and higher manpower required. Additionally, increasing demand for industrial automation is expected to boost the demand for postal automation systems across the world during the forecast period. Moreover, growth of the e-commerce industry and increase in labor costs are further fueling the demand for postal automation systems worldwide. Furthermore, rise in the volume of parcels and packages is a major factor driving the global postal automation systems market. Rising demand for quicker delivery of parcels from end-users is another key factor anticipated to boost the demand for postal automation systems across the globe from 2019 to 2027. However, high maintenance costs, decreasing volume of traditional mails, and challenges in terms of operation and design are restraining the global market. On the other hand, evolution of IoPT (Internet of Postal Things) is a major factor that is expected to create lucrative opportunities for the market between 2019 and 2027.

The global postal automation systems market can be segmented based on component, product, technology, application, and region. Based on component, the market can be segregated into software, hardware, and services. The services segment can be sub-divided into maintenance & repair, training & consulting, and software upgrades & technical support. In terms of product, the global postal automation systems market can be divided into mail sorting systems, parcel sorting systems, postal and parcel software, and automatic reading and coding systems. Based on technology, the market can be categorized into letter sorters, culler facer cancellers, mixed mail sorters, parcel sorters, and flat sorters. In terms of application, the global postal automation systems market can be classified into express, courier & parcel, and government postal.

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In terms of region, the global postal automation systems market can be segmented into Europe, North America, Middle East & Africa, South America, and Asia Pacific. The market in North America is projected to expand at a substantial growth rate during the forecast period. This is primarily due to presence of major CEP and postal companies in the region. The market in Asia Pacific is expected to expand significantly during the forecast period. The region is estimated to offer significant opportunities to the postal automation systems market in the near future. Growth of the e-commerce industry in China, Japan, and India and technological advancements in the postal & parcel automation industry are propelling the demand for postal automation systems in Asia Pacific. This, in turn, is driving the adoption of postal automation systems in the region.

Major players operating in the global postal automation systems market are Siemens AG, Toshiba Corporation, NEC Corporation, Pitney Bowes India Private Limited, Solystic SAS, Vanderlande Industries B.V., Fives Group, Leonardo S.p.A., Lockheed Martin Corporation, and Beumer Group.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The increasing number of renewable power generation projects and energy efficiency mandates are key factors expected to drive the Digital Utility Market

Technical developments are important for the digitization of industries, mainly the power industry. The power industry is increasingly identifying the importance of digital technologies, which is expected to expand the market during the forecast period. Businesses have recognized the returns of digitalization and are now concentrating on two important aspects: customer guarantee and advancement of efficiency. Among the many standards across various industries for digital consumer experience, mobility is crucial. For instance, in the banking industry, mobile banking has changed the customer experience. Many users rely entirely on smartphones to carry out critical banking activities on the go.

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The increasing number of renewable power generation projects and energy efficiency mandates are key factors expected to drive the digital utility market. Furthermore, smart meters provide energy suppliers with the exact details of each customer’s generation and consumption of power. On this basis, tailored products can be developed, such as demand-response programs, which award discounts and rebates to customers, allowing utilities to control their heating and cooling. Many utilities offer solutions for networked energy management that comprise remote control of buildings. Utilities can use statistics from smart meters to apprehend requirements of additional applications in new business areas, alone or with partners. National governments are launching smart city initiatives that are aimed at promoting technical innovation and systematic applications of Internet of Things in urban landscapes. However, cyber security in the power and utilities sector is expected to be a major threat and is estimated to hamper the digital utility market.

The global digital utility market can be segmented based on deployment, technology, network, industry, and geography. In terms of deployment, the digital utility market can be classified into on premise, hybrid, and cloud. The cloud segment is projected to expand at a considerable CAGR due to the increasing usage of cloud-based applications. Based on technology, the digital utility market can be segregated into hardware and integrated solutions. Integrated solutions are further classified into services and software. The hardware segment is anticipated to dominate the market during the forecast period as hardware is majorly used in equipment such as smart transformers and smart meters. Based on network, the digital utility market can be classified into generation, retail, transmission and distribution. The transmission and distribution segment is anticipated to hold the largest market share during the forecast period due to the rise in monitoring and management of electric transmission and distribution systems. In addition, the retail segment is anticipated to expand at the highest growth rate due to the fact that with the help of customer data analytics, energy suppliers can increase cross selling and up selling. Based on industry, the digital utility market can be classified into banking, financial services, and institutions, retail, power and utility, healthcare and others

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In terms of geography, the global digital utility market can be segmented into North America, South America, Asia Pacific, Europe, and Middle East & Africa. The digital utility market in North America is anticipated to expand at a substantial growth rate during the forecast period. This is due to upgrade of old infrastructure and growing demand for electricity in the region. However, Asia Pacific is expected to be a profitable digital utility market. This is due to improved network connectivity, fast technological advancement, and high adoption percentage of digital services.

The global digital utility market is characterized by the presence of several key players. Major players of the market compete with other players based on features such as price and quality. Key players operating in the global digital utility market include Accenture PLC, Capgemini SA, International Business Machines Corporation, ABB Ltd., Eaton Corporation Plc, General Electric Company, Schneider Electric SE, and Oracle Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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U.S. Customer Communication Management (CCM) Market: Increasing Demand for On-demand and Interactive Solutions to Boost Growth

The U.S. over the years has remained one of the early adopters of the latest technologies. On account of this, the demand for customized communication solutions is considerably high, rendering the U.S. customer communication management (CCM) market highly competitive. As the existing retailers enjoy a strong presence, the market doesn’t provide much scope for the entry of new players, finds Transparency Market Research (TMR) in a new study. In addition, the market is reeling under the availability of substitutes, which makes sustenance of market share difficult key players.

“Considering the scenario, the leading CCM vendors are focusing on offering diverse customized solutions by developing and integrated CCM software with cloud environment,” said a lead TMR analyst. Also the presence of several large companies has exacerbated the prevailing competition. Currently, companies such as HP Enterprises, Pitney Bowes Inc., OpenText Corp., and Adobe Systems Incorporated hold strong position in the U.S. customer communication management market. Together these companies held the dominant share of 30.6% in the U.S. CCM market in 2016.

Furthermore, Oracle Corporation, EMC Corp. (Dell), and Cincom Systems, Inc., are among the other prominent vendors in the U.S. CCM market. According to TMR, the U.S. CCM market stood at US$423.1 mn in 2016. Rising at a CAGR of 11% between 2017 and 2025, the market is forecast to reach US$1.06 bn by the end of 2025. Among various solutions available in the market, software suite held the dominant share of 46.9% in the overall market in 2016. By end use, the IT & Telecom emerged as the lead holding over 20.5% of the market in the same year. The aforementioned segments are also expected to remain dominant through the course of the forecast period.

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Demand for Multifarious Communication Channels to Drive Growth

Customer communication has become more dynamic with the advent of ground-breaking communication channels. These innovations over the last few years and knowledge about benefits they offer have brought organizations to their feet. They are now keener on multifarious communication channels to establish their presence across diverse platforms as these technologies have empowered them to connect with customers in any corner of the world. Consequently, the demand for customer communication management is accelerated and the trend is less likely to slow down any time soon.

It is important to note that the U.S. is a relatively mature market. The enterprises operating from this nation are therefore more interested in batch, interactive and on-demand communication solutions. This is further triggered by the rising demand for solutions that will help organizations acquire, serve, and grow customer relationship. As on-demand CCM systems support non-linear development model, they help organizations rationalize messy application platforms. This is one of the key factors driving the customer communication management market in the U.S. In addition, the rising emphasis on context-rich information and multi-channel output will impel companies invest more in advanced customer communication management solutions.

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Security Concerns Related to CCM Software may Hamper Growth

On the flip side, security concerns related to CCM software could act against the market in the near future. Sectors such as BFSI, government, healthcare, and retail require robust customer interaction platform. While CCM software caters to the requirement, it is yet to eliminate a few inherent security concerns that comes with the technology. This could hinder the market’s trajectory to an extent.

Nevertheless, the evolution of the CCM software technology to cloud will facilitate the deployment of communication software without much complexity or incurring huge expense. “The evolution of cloud-based environment will enable customer communication management software to cater to small, medium, as well as large enterprises,” observed the TMR report’s author. This will open lucrative opportunities for the market’s growth in the near future.

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Impact of End of One Child Policy on China Condom Market to be Moderate in Long Term

The condoms market in China features a high level of consolidation, with the top three companies accounting for over 70% share in the overall market in 2015, states Transparency Market Research (TMR) in a recent report. These three companies, Reckitt Benckiser Group plc, Ansell Ltd., and Church and Dwight Co., command a prominent position in the overall growth dynamics of the China condoms market, giving a tough competition to local manufacturers.

To strengthen their position in the market amid the intense level of competition, companies such as Reckitt Benckiser Group plc have resorted to the development of innovative products and newer ways of marketing to knock off the threat of counterfeit products and high advertisement and distribution costs. The company shifted to an all-digital and all social strategy post 2010, which helped the company to increase its share in the overall market from 30% in 2010 to 45.6% by 2015.

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Rising Awareness about Efficacy in Controlling Sexually Transmitted Diseases to Boost Adoption

Condoms have gained an increased level of acceptance in China after the government actively started endorsing condoms as an effective way of preventing sexually transmitted diseases such as HIV/AIDS and Chlamydia. Prior to 2002, condoms were endorsed by the government as a hygiene concept, leading to a marketplace with narrow growth opportunities. With rise in active initiatives by the government aimed at educating the masses about the importance of safe sex, the sales of condoms have substantially increased.

Apart from this factor, the improving quality of lifestyles, driven by a strengthening economy, and the rising know-how about safer ways of preventing contraception and sexually transmitted diseases have also worked substantially in favor of the country’s condom’s market. Sales of a variety of condoms have also increased in the country owing to factors such as the rising popularity of female condoms, rise in the country’s sexually active demographic, and increase in usage of homosexual condoms.

Condom Sales Face Rough Weather as China Ends One Child Policy

Ever since the announcement that China had ended the one child policy was made at the beginning of 2015, manufacturers of condoms had been dreading reduction in the overall sales of condoms in the country. The fears did not turn out to be insignificant and key vendors operating in the China condoms market started witnessing a slump in demand. By the end of 2015, Okamoto Industries saw a dip in its market share by 24%, Female Health witnessed a decline of 19% and shares of Church and Dwight dropped by 3%.

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Though the present-day impact of this factor is tremendous on the market, the trend is expected to have a low impact on the overall condoms market in the long-run. Analysis estimates that the awareness regarding protective properties of condoms will work more in favor of the China condom market in the long run than how the end of the one-child-policy is negatively impacting sales currently.