Rahul Sisodiya

Facility Management Services Market 2019 Demand, Insights, Analysis, Opportunities, Segmentation and Forecast to 2023

2019-11-27T10:11:20.560Z

Market Highlights:

Facility management services market include services that are focused on delivering efficient services for enterprises in managing their facilities. The market is affected by various factors that contribute towards the growth of facility management services market. These factors include the growing need for maintaining environmental and regulatory compliance and the growing demand for single integrated facility management service market for balancing the economies and financial regulations of the companies while adopting automation.

Facility management comprises management methods and techniques of building management and infrastructure management of an organization to ensure the functionality of the built environment. It integrates people, places, processes, and technologies and assists the company to focus on its core competencies. Facility Management Services Market include project management, inventory management, maintenance management, operations management, and others that are focused on the delivery of services for enterprises in managing their facilities efficiently. Major factors that contribute towards the growth of the facility management services market are the growing need for maintaining environmental as well as regulatory compliances and growing demand for single integrated facility management for balancing the economies and financial regulations of the companies adopting automation in their facilities. Another major factor that fuels the growth of the market is the transformation of the physical workplace. As there is a huge advancement in cloud services adoption, various enterprises are focused towards the virtual workforce and mobility management of the enterprises. There is also an increased development in the sustainable infrastructure and deployment of software as a service, apart from cloud deployment.

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Key players

The prominent players in the facility management services market are International Business Machines Corp. (U.S.), Oracle Corporation (U.S.), SAP AC (Germany), MCS Solutions Pvt Ltd (India), ARCHIBUS, Inc. (U.S.), Trimble Inc. (U.S.), CA Technologies (U.S.), Accruent (U.S.), Planon Ltd. (Netherlands), and FM: Systems Group, LLC. (U.S.).

Other players in the market include iOFFICE Corp. (U.S.), Maintenance Connection Inc. (U.S.), JadeTrack Inc. (U.S.), MetricStream Inc. (U.S.), Facility management services eXpress LLC. (U.S.), eMaint (U.S.), Hippo CMMS. (Canada), FSi Limited (England), Indus Systems, Inc. (U.S.), Autodesk, Inc. (U.S.), NEMETSCHEK SE (Germany), Archidata Inc. (Canada), OfficeSpace Software Inc. (U.S.), FacilityONE Technologies llc (U.S.), and Apleona GmbH (Germany).

Segmental Analysis

The market segmentation of the Facility Management Services Market is carried out on the basis of services, deployment, organization size, industry verticals, and region. On the basis of services, the market segmentation comprises of inventory management, project management, operations management, maintenance management, and others. The segmentation of the market on the basis of deployment consists of on-premise deployment and cloud deployment. By organization size, the market is segmented into large enterprise and SME. The industry vertical segment of the market comprises of retail, BFSI, healthcare, energy and utilities, IT & telecom, government, and others. On the basis of region, the market segmentation consists of Europe, North America, Asia Pacific, and the rest of the world.

Competitive Analysis

The market appeal and competitors’ dynamics are markedly enhanced by the strategies that are being utilized by market players. The market is greatly lifted by the developments that are occurring in the market. The successful integration of supply chain management is steadily increasing the growth of the market. The critical success factors in the market are easily achieved in the market leading to an elevated pace of development in the forecast period. The innovation in products and services of the markets will modify the progression of development of the market substantially. The long-run viability of the market is highly dependent on the techniques and the strategic roadmaps that are engaged by market players. The amplified level of emphasis on the variation of products is increasing the number of customers in the market substantially.

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Detailed Regional Analysis

The regional analysis of the market states that the facility management services market is projected to develop at a substantial rate through the forecast period owing to the need to uphold environmental and regulatory compliance. The geographical analysis of the market for facility management services covers regions such as Europe (including Russia), North America, Asia Pacific (including New Zealand and Australia), and the rest of the world (including Africa, the Middle East, and South America). Between these regions, the market was controlled by the North American region owing to technological progress in the region and initial adoption of the technology. The United States is observed to be the key contributor to the facility management market in the North American region. One of the key factors adding to the development of the facility management market in the North American region is the rising adoption of software in enterprises, government, and public sectors. Due to the initial adoption of this technology, North America has a big market share in the facility management services market. The increasing demand for automation in production and manufacturing facilities has led to the development of a noteworthy demand level for the facility management software in the Asia Pacific region, which is markedly the highest growth rate in the market, as the region is undergoing tremendous changes in the manufacturing and infrastructure sectors.

Intended Audience:

Software Developers
Government Firms
Software Testers
Hardware Vendors
Storage Vendors
System Integrators
Application End-User
Research Firms

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continues...

List Of Tables

Table1 World Population By Major Regions (2017–2023)

Table2 Global Facility Management Services Market: By Country, 2017–2023

Table3 North America Facility Management Services Market: By Country, 2017–2023

Table4 Europe Facility Management Services Market: By Country, 2017–2023

Table5 Asia Pacific Facility Management Services Market: By Country, 2017–2023

Continues...

List Of Figures

Figure 1 Global Facility Management Services Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Five Forces Analysis Of Global Facility Management Services Market

Figure 4 Value Chain Of Global Facility Management Services Market

Figure 5 Share Of Global Facility Management Services Market In 2017, By Country (In %)

Continues...

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Home Automation System Market Is Estimated to Grow at A CAGR Of Approximately 11% During the Forecast Period 2018–2023

2019-11-26T09:44:48.122Z

Home Automation Market Insights

The global home automation system market is anticipated to surpass a valuation of USD 85 billion, attaining a CAGR of 11% during the forecast period (2019-2023), Market Research Future (MRFR) unveils in a detailed report. Home automation has gained huge popularity in the past few years as it offers convenience, comfort, security to the residents, and improved quality of life.

Market Potential and Pitfalls

The home automation system market is highly benefitted from several favorable factors. The soaring use of IoT, especially in the developed nations is likely to encourage the market growth globally. People these days prefer advance and high living standards, where they can access to smart home devices like refrigerators, televisions, and smartphones. The surging preference for luxurious lifestyle and rising disposable income are considered to influence the market growth across the globe. The rapid adoption of gadgets and smartphones are likely to propel the market growth in the foreseeable future.

On the contrary, some restraints can restrict the market growth. Some home automation products in developed countries have reached its maturity stage, due to which their demand might decrease. Moreover, the lack of compatible infrastructure in developing regions might restrict the use of home automation.

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Competitive Dashboard

The key players operating in the global home automation system market includes Acuity Brands, Inc. (U.S.), Honeywell International Inc. (U.S.), United Technologies Corporation (U.S.), Johnson Controls Inc. (U.S.), Legrand (France), Crestron Electronics, Inc. (U.S.), ABB Ltd. (Switzerland), Schneider Electric Se (France), Siemens Ag (Germany), and Samsung Electronics Co., Ltd. (South Korea).

Global Home Automation System Market: Segmental Analysis

The global home automation system market has been segmented on the basis of product, protocol & technology, and software & algorithm.

By product, the Home Automation System Market is segmented into climate control, lighting control, HVAC control, security and access control, energy management control, entertainment control, and others. Of these, the lighting control segment is likely to gain prominence as it helps to reduce the consumption of electricity at home. The sensors adjust the intensity of artificial lighting as per the intensity of natural light. Soaring concerns regarding the environment have further assisted in spreading awareness regarding the importance of home energy and home automation management measures. Thus, lighting controllers can play a major role in minimizing the consumption of electricity within the household.

By protocol & technology, the home automation system market is segmented into wireless and network.

By software and algorithm, the home automation system market is segmented into proactive and behavioral. Of these, the proactive segment is likely to gain prominence as they are specifically designed to help customers understand energy patterns and take required measures in order to reduce consumption.

Regional Frontiers

Geographically, the home automation system market spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).

Considering the global scenario, North America is estimated to dominate the global market, mainly due to the existence of major industry players like Honeywell International Inc. (U.S.), United Technologies Corporation (U.S.), Johnson Controls Inc. (U.S.), Acuity Brands, Inc. (U.S.), Estron Electronics, Inc. (U.S.), and others. The mounting demand for domestic energy management system is propelling the market growth in North America.

The surging number of new residential projects is predicted to encourage the growth of home automation systems in the Asia Pacific region. The rapid growth in the residential projects, coupled with the need to strengthen the building infrastructure is likely to trigger the demand from the home automation system market. The market is predicted to propel, especially in India due to the soaring investments in infrastructure to enhance the standard of living.

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Industry Updates

July 2019: Eurofins Digital Testing has been selected by Niko, which is a leader in commercial and residential switching material and smart home products. They have been selected to offer automated quality device and assurance interoperability testing for Niko’s premier smart home solution.

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Wearable Technology Market Global Analysis, Size, Share, Trends, Growth and Forecast 2019- 2022

2019-11-25T09:06:38.970Z

Wearable Technology Market Global Market – Overview

In the current busy world, the majority of the people wish to track their day to day activities for improving their life. This has propelled the growth of the Wearable Technology Market which is predicted to grow at an alluring USD 50 Billion at 16% CAGR during the assessment period (2016-2022). The wearable devices can be worn on the body either as accessories or implant for using the wearable apps for different functionalities and allows hands free operations. From healthcare, sports, fitness, lifestyle, consumer applications to defense and military sector, this technology gained immense recognition owing to technological advancements and innovation and also its convenience, flexibility and ease of use. In short, the wearable technology has turned into a fashion statement.

The growing popularity of broadband connectivity, computing, mobile applications, mobile networks and smart phones are contributing towards the growth of the wearable technology market. Apart from this, some of the market trends and factors in this market as per an analysis conducted by Market Research Future (MRFR) include niche markets, low barriers, less competitors and no standard device type. However, data security issues, limited battery life, durability and high price of devices are likely to hinder the growth of the wearable technology market over the forecast period.

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Key Players

Leading players profiled in the wearable technology market include Misfit Inc. (US), Lifesense Group (The Netherlands), Nike, Inc (US), Qualcomm Technologies, Inc (US), Sony Corporation (Japan), Samsung Electronics Co, Ltd (South Korea), Jawbone (US), Fitbit (US), Garmin Ltd (US), Google Inc (US), Apple Inc (US), Xiaomi Inc (China) and Adidas AG (Germany).

Dec 2019- Commuter X Jacquard smart jacket that was introduced by Google and Levi has gotten smarter as it comes with a new mode “Always Together” that has been specially designed for preventing users against leaving their jacket or smartphone behind. One can set up this automatic alert to trigger the moment the distance amid the jacket and the phone gets too great.

Oct 2019- Garmin International Inc revealed about its partnership with Fitabase for collaborating on the wearer user data’s deep analysis to augment user engagement. It is this partnership that will enable the researches at Fitabase to get data from the Garmin wearables with the help of the Fitabase platform for offering deep data analysis.

Wearable Technology Market - Segmentation

Segmentation by Product: Wristwear (smart watch, fitness trackers), headwear and eyewear (augmented reality, virtual reality), neckwear (smart jewelry), smart clothing, wearable cameras, and implants.

Segmentation by Technology: Computing technologies, display technologies, networking technologies, and sensor technologies.

Segmentation by Components: Control, memory, battery, sensing, and connectivity.

Segmentation by Application: Fitness & Wellness, Consumer electronics, Healthcare, Defense, and Enterprise & industrial applications.

Segmentation by Region: North America, Europe, Asia-Pacific and Rest of the world.

Wearable Technology market - Regional Analysis

The regional analysis of Wearable Technology market is studied for North America, Europe, Asia-Pacific and Rest of the World.

North America is expected to dominate the wearable technology market during the forecast period. Rising concerns over fitness in countries like US and increased application of wearable devices in healthcare are the factors driving the growth of wearable technology market in the region.

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Asia pacific is expected to contribute significantly to the wearable technology market during the forecast period. Increase adoption of smartphones and their integration with wearable devices in countries like China, India and Japan is driving the growth of the wearable technology market in the region. Europe is expected to grow positively in the wearable technology market during the forecast period. Increased popularity and usability of wearable devices like smart watches is driving the growth of the wearable technology market in the region.

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Smart Building Market 2019 Global Analysis, Opportunities and Forecast 2022

2019-11-21T11:27:00.792Z

Smart Building Market Overview

With the emergence of automation and IoT, majority of technology trends are bound to the integrated by these groundbreaking technologies. The housing sector is embracing these new age inventions with open arms. Smart building has become a reality through the integration of automation and IoT. According to Market Research Future (MRFR), the global Smart Building Market is anticipated to reach a market valuation of 33 billion, exhibiting a 29.69% CAGR, by the end of the forecast period. Different factors influencing the smart building market include innovation in residential building industry and integration of smart devices such as microcontrollers, sensors, and microprocessors to automate the operations of buildings.

Further, a growing need for energy-efficient buildings is another prime factor driving the smart building market. Rising penetration of urbanization in various developing countries of the world is expected to lead the global smart building market on a new growth trajectory. Also governments present in multiple companies have undertaken the development of smart cities and infrastructure of the countries which has further propelled the growth of smart building market for the foreseeable future. Additionally, these governments are encouraging the adoption of smart buildings, creating a favorable environment for market growth.

Alternatively, lack of technical expertise and inadequate infrastructural support in various developing countries across the globe are likely to hinder the smart building market growth over the forecast period. Poor awareness towards the benefits of smart building and different complexities associated with smart buildings are other major restraints slowing down the progress of the smart buildings market.

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Key Players

The global landscape of the smart building market is vastly influenced by numerous activities commenced by vendors present in the market. Such prominent market vendors include Johnson Controls International PLC, Control4 Corporation, Schneider Electric, IBM Corporation, Legrand SA, United Technologies Corporation, Siemens AG, Cisco Systems, Inc., ABB Group, Emerson Electric Co., and Honeywell International, Inc.

Market Segmentation

The global smart building market has been studied for various segmentations carried out on the basis of automation, application, and regions. Based on automation, the smart building market has been segmented into intelligent security system, building energy management system, and infrastructure management system. The intelligent security management system is further sub-segmented into video surveillance system, access control system, and emergency management system. Building energy management systems segment is sub-segmented into energy management platform, HVAC control system, and lighting control system. The infrastructure management system has been for the sub-segmented into parking management system, smart water management system, and elevators and escalators management system. On the basis of application, the smart building market is segmented into commercial, industrial, residential, and government and public infrastructure.

Detailed Regional Analysis

The global smart building market has been started for the regional segments of Latin America, Asia Pacific, Europe, North America, and the Middle East and Africa. North America held the largest share of smart building market at the beginning of the forecast period and was valued at USD 2,615.31 million in 2017. Such market dominance can be attributed to the research and development grant given by the government along with the various initiatives undertaken by construction companies to deploy smart building solutions in residential as well as commercial projects. Additionally, the presence of significant market players in the region is another factor leading to heavy growth of the regional market. Further, high awareness towards security, safety, energy, and water management among consumers is driving the smart building market in North America.

Europe is anticipated to trail behind North America and garner the second-largest share of the smart building market during the forecast period. This can be credited to the mounting investment in infrastructure development and real estate for the automation of buildings. Further, government regulations towards the deployment of smart building solutions, along with growing importance of IoT and analytics in building systems, lighting control, and energy is likely to fuel the regional smart building market growth.

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Asia Pacific is perceived as the fastest-growing market for smart buildings during the assessment period. This is causative of an inflated demand for smart building solutions from various emerging economies like Taiwan, China India and Japan. The regional smart building market is anticipated to witness 33.0 3% cagr over the assessment period.

Industry Update

August 2019: Synchronoss Technologies announced its collaboration with Microsoft to deliver a smart buildings solution.

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Human Centric Lightings Market Key Players, Share, Trend, Applications, Segmentation and Forecast to 2027

2019-11-21T11:09:47.866Z

Market Highlights:

Human-centric lightings can be used for across various industrial sectors. Market Research Future (MRFR) has published a research report about the global human-centric lightings market that predicts huge economic prospects for this market during the forecast period between 2018 and 2023.

The major factor pushing the global human-centric lightings market to grow is the use of human-centric lightings in various sectors. In residential spaces, human-centric lighting prevents mood fluctuations and depression. They also improve the emotional & physical well-being of residents, especially older people. Such lighting can also reduce the intake of sleep-inducing drugs. At commercial spaces and corporate offices, the human-centric lighting can not only balance lack of daylight, but it can also improve the well-being of the employees. The second most important market driving factor is increasing the adoption of solid-state lighting that is resulting in market growth. Integration with the internet of things (IoT) environment is also boosting the market growth. However, limited awareness of the scientifically proven benefits of human-centric lighting can be a hurdle in the market growth.

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Key Players

Major players in the global human-centric lightings market include Arcluce S.P.A. (Italy), CoeLux S.R.L (Italy), ES-SYSTEM S.A. (Poland), Fagerhult AB (Sweden), Glamox (Norway), Hubbell Inc. (USA), Koninklijke Philips NV (The Netherlands), Legrand SA (France), NormaGrup Technology (Spain), Osram Licht AG (Germany), Seoul Semiconductor Co Ltd (South Korea), Waldmann Lighting (USA), and Zumtobel AG (Austria).

Market Segmentation

The global human-centric lightings market segmentation covers application and component type. MRFR is exploring the features of these segments to understand market trends.

Based on the application, the market segmentation covers education, healthcare, industrial, residential, retail, and others. Healthcare segment is expected to dominate the market during the forecast period as hospitals, and elderly care centers use human-centric lightings.

By component type, this market has been segmented into drivers, microprocessors & microcontrollers, sensors, switches & dimmers, and transmitters & receivers.

Regional Segmentation

The regional segmentation of the global human-centric lightings market covers Europe, Asia Pacific, North America, and rest of the world (RoW).

During the forecast period, Europe is expected to dominate the global market with 7% CAGR. In this region, the market is growing due to the increasing adoption of human-centric lighting solutions, as well as support from the government and other regulatory bodies. Considerable marketing investments and joint industry investments are also boosting the market growth. Countries that dominate the market revenue in this region are Germany, Spain, and the UK. France is another important country-specific market here. Majority of the important players in this market are based in Europe.

North America is the second largest regional market due to the adoption of the latest technologies, such as IoT and artificial intelligence (AI) due to superior information technology (IT) infrastructure support. Many important country-specific markets are based in this region. Notable country-specific markets in this region are the USA, Canada, and Mexico.

Asia Pacific region can elevate as the fastest growing regional market due to growing awareness about energy efficiency and the presence of major semiconductor manufacturers in China. The biggest country-specific markets after China are Japan and Taiwan. India is another significant country-specific market in this region. Remaining countries of this region also contribute significantly to the market revenue.

The RoW segment covers Latin countries and the Middle East & Africa (MEA) region. In Latin countries, the market growth is limited due to the limited availability of technology in this region. The most powerful economies in this region that can emerge as powerful markets are Argentina and Brazil. In the MEA region, the market is limited due to the lack of technology and lack of skilled professionals.

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Latest Industry News

Light Emitting Diode (LED)-manufacturer ERP has acquired Lumenetix and that company’s Araya light engine technology. Now ERP can supply all of the enabling technology that is required for a lighting manufacturer to initiate the development of tunable luminaires with integral intelligence and connectivity. 17 JUNE 2019

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Smart Exoskeleton Market Segmentation, Application, Technology, Analysis and Forecast 2019 to 2024

2019-11-20T10:29:13.517Z

Market Highlights

The smart exoskeleton market is a wearable device that consists of sensors and actuators to monitor and control the movements of individuals suffering from gait abnormalities and similar physical disorders. In the past, the design of these Same exoskeletons was sturdy and rigid, which enabled the wearer to prevent falls and severe injuries. Increasing demand for worker’s safety in industrial applications is projected to fuel the growth of the smart exoskeleton market. Also, the rising adoption of exoskeletons by elderly and differently abled population is fueling market growth. However, high costs of smart exoskeletons along with stringent government regulations are hampering the market growth.

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Key Players

The key players in the smart exoskeleton market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Lockheed Martin Corporation (US), ReWalk Robotics (US), CYBERDYNE Inc. (Japan), Ottobock (Germany), Ekso Bionics Holdings, Inc. (US), Rex Bionics Ltd. (UK), Parker Hannifin Corp. (US), ATOUN Inc. (Japan), DIH Technologies Corporation (China), RB3D (France), Hyundai Motor Company (South Korea), US Bionics (US), Gogoa.eu (Spain), BIONIK (Canada), and Honda Motor Co., Ltd (Japan). The companies are focused on upgrading in their existing product portfolios as well as launching innovative products by investing in research and development to analyze the changing market trends.

Market Segmentation

The worldwide Smart Exoskeleton Market segments specified in the MRFR report include type, component, application and vertical.

With regard to the type, the global smart exoskeleton market is considered for soft exoskeletons, rigid exoskeletons, and ultra-soft exoskeletons.

Component-based segments in the global smart exoskeleton market are software and hardware. The hardware segment can be further split into sensors, actuators, power source, control systems, and others.

Depending on the application, the global smart exoskeleton market consists of upper limbs, lower limbs, and full body.

Vertical-wise, the global smart exoskeleton market comprises industrial, healthcare, military, and others.

Regional Outlook

MRFR has probed into every aspect of the smart exoskeleton market, wherein the geographical analysis has been done with respect to Europe, Asia Pacific (APAC), North America, and the rest of the world (RoW) which include South America and Middle East & Africa.

Data analysts are of the view that North America can be the leading market for smart exoskeleton market during the forecast period. Europe, APAC, and RoW will follow suit, in that order.

The main factors responsible for the formidable market position in North America include the expanding geriatric population and the rising purchasing power of patients. The United States (U.S.) stands as the most lucrative market for smart exoskeleton in the region, given the surge in the adoption rate of exoskeletons in diverse segments such as rehabilitation centers, healthcare, military as well as industrial processes.

The smart exoskeleton market in Europe is expected to be the second largest, with predictions of it noting exponential growth in the following years. The vigorous market growth is in response to the highly developed infrastructure coupled with increasing adoption of exoskeleton for manual lifting of machinery and equipment. Well-established health care infrastructure, along with easy availability of sophisticated technology products also ensure market success in the region. Presence of high-income countries and extensive research activities also induce market growth in the region.

The exoskeleton market in APAC is believed to note the highest growth rate during the estimation period, banking heavily on the robust demand for self-assisting exoskeletons in Japan, South Korea, and China. Furthermore, expanding geriatric population combined with rising prevalence of strokes & spinal cord injuries (SCIs), surging disposable income, presence of an expansive patient pool, and availability of government funding are also favoring the regional market to a great extent.

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Latest News

May 2019

Alibaba entered a partnership with Bottos for the development of a smart exoskeleton robot that helps reduce the physical pressure on workers, thereby enhancing efficiency. The smart robot makes extensive use of human-machine and artificial intelligence technologies to conduct manual operations, such as sorting, picking, loading, unloading, and storing within the warehousing and logistics industry.

Intended Audience

Raw Material and Manufacturing Equipment Suppliers
Integrated Device Manufacturers (IDMs)
Research Organizations and Consultancies
Government and Regulating Authorities
Organizations, Forums and Alliances Related to Smart Exoskeleton
Electronic Design Automation (EDA) and Design Tool Vendors
Technology Experts

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LIDAR Market 2019 Global Share, Challenges, Trend, Segmentation and Forecast to 2022

2019-11-20T10:16:17.434Z

Global LiDAR Market

The Global LiDAR Market, according to the report by Market Research Future (MRFR), is slated to grow at 14.14% CAGR during the forecast period and is expected to reach a substantial market valuation of USD 4158.8 million by 2023.

Drivers and Restraints

Growing demand for 3D imaging for precise dimensions of lands is expected to boost the market share by 2023. 3D imaging is fortified with time of flight (ToF) which can precisely capture wide areas with high accuracy. The adoption of LiDAR systems by government authorities for topographical purposes is likely to drive market growth over the forecast period. On the other hand, the higher installation costs of these systems can hinder the market.

Rise of self-driving cars to decrease traffic and lessen collisions is poised to revolutionize travel. producers of these vehicles have decided to incorporate LiDAR systems to raise its intelligence due to its capacity to distinguish objects from humans.

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Competitive Landscape

The key players operating in the global LiDAR market identified by MRFR are Faro Technologies Inc. (US), Trimble Inc. (US), Teledyne Technologies, Inc. (US), Beike Tianhui Technology Co., Ltd (China), Hexagon AB (Sweden), Quantum Spatial. (US), YellowScan (France), RIEGL Laser Measurement Systems GmbH (Austria), and Geokno India Pvt. Ltd (India).

Segmental Analysis

The global LiDAR market is segmented on the basis of product type, technology, component, and functional areas.

Based on product type, the LiDAR market has been classified as airborne LiDAR, terrestrial LiDAR, and others. The airborne LiDAR segment is expected to account for the largest market share over the review period.

The terrestrial LiDAR Market segment was the second-highest valued segment; it is expected to register the highest CAGR during the forecast period. The other segment includes topographic LiDAR, bathymetric LiDAR, mobile, and static LiDAR. These LiDAR are forms of airborne and terrestrial segment. These LiDAR have a different type of functions.

Based on the technology, the market has been segmented into 1D, 2D, and 3D. The 2D segment is slated to accrue revenues increasingly over the forecast period due to its usage for measurement, navigation, and detection purposes. The 3D segment is likely is grow substantially in the global LiDAR market. It is expected to witness a 15.77% CAGR during the review period owing to its usage in security systems as a safety measure for commercial buildings.

By Component, the market has been segmented into Laser scanner, navigation & positioning systems, and other components. The laser scanner segment is poised to exhibit a 15.06% CAGR over the forecast period due to the incorporation of ToF in these devices. The system is used for assessing historic buildings, construction sites, and other industrial applications. The navigation & positioning systems segment is expected to reach a market share of USD 1,514.9 million by 2023.

On the basis of the Functional Areas, the market has been segmented into engineering, corridor mapping, environment, ADAS & driverless car, urban planning, cartography, and meteorology. Among these, the corridor mapping segment is touted to clock a significant market share of USD 973.7 million by 2023.

Regional Analysis

The LiDAR market has been segmented on the basis of region into North America, Asia Pacific (APAC), Europe, and the Rest-of-the-World (RoW).

North America is slated to grow at a 12.34% CAGR to reach a market size of USD 1474.3 million by 2023. This can be attributed to the presence of major market players in the developed countries such as U.S. and Canada. The rapid adoption of new technologies is expected todrive the market over the review period.

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The Europe LiDAR market is poised to record a 15.13% CAGR over the review period whereas the asia pacific is poised to witness an impressive 17.06% CAGR during the assessment period. This is due to the increasing investments towards technology by developing countries such as China and India, which is liekly to fuel the market growth over the foreseeable future.

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Trade Management Software Market Size, Share, Trends, Growth and Forecast to 2019-2023

2019-11-19T11:36:44.487Z

Market Highlights:

Global trade management software is a type of software that streamlines and automates the entire process of global trade across customs and regulatory compliance, logistics, and trade financing. The rapid increase in the globalization and outsourcing process in the recent years, which leads to the complexity in the supply chain process of international trade is expected to increase the demand of trade management software market during the forecast period (2018—2023.)

Globally, the Trade Management Software Market is categorized into component, deployment, organization size, and vertical.

The component segment of global trade management software market is categorized into solution and services.

The solution is segmented into trade function, import/export management, vendor management, trade compliance, duty management, supply chain visibility, invoice management, and others.

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The services are segmented into consulting, implementation, and support & maintenance.

Depending on the deployment, the global trade management software market is categorized into on-premise and cloud.

By organization size, the market is segmented into large enterprise and small and medium enterprise.

Furthermore, the vertical segment of global trade management software market is segmented into transportation and logistics, government and public, Healthcare and life sciences, aerospace and defense, manufacturing, consumer goods and retail, energy utilities and others.

Key Players:

Some of the key players of global trade management software market includes Amber Road Inc, Aptean Inc, Integration Point Inc, Livingston International Inc, MIC Customs Solutions, MIQ Logistics, Oracle Corporation, Precision Software, QuestaWeb Inc, SAP SE

The Global Trade Management Software market is expected to reach approximately USD 1.35 Billion by 2023 growing at a ~9.1% CAGR over the forecast period 2018-2023.

Segmentation:

The global trade management software market is segmented into component, deployment, organization size, and vertical.
By component, the market of global trade management software market is sub-segmented into solution and services.
The solution is segmented into trade function, import/export management, vendor management, trade compliance, duty management, supply chain visibility, invoice management, and others.
The services are segmented into consulting, implementation, and support & maintenance.
By deployment, the market is segmented into cloud, on-premise.
By organization size, the market is segmented into large enterprise and small and medium enterprise.
By vertical, the market is segmented into transportation and logistics, government and public, Healthcare and life sciences, aerospace and defense, manufacturing, consumer goods and retail, energy utilities and others.

Regional Analysis:

The geographical analysis of the global trade management software market is studied for North America, Europe, Asia-Pacific, and the rest of the world.

North-America is dominating the global trade management software market during the forecast period (2018—2023) due to the presence of major key players of this market such as Oracle Corporation, Aptean, Integration Point, Inc., Precision Software, Thomson Reuters among others in this region. The other factors that are responsible for the growth in the demand of trade management software is the presence of early technology adopters and is a host to innovative technologies.

Asia-Pacific is expecting to reach highest CAGR during the forecast period (2018—2023) due to the extensive implementation of cloud-based technologies across various verticals, and increased adoption of digital technologies in countries such as China and India.

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Target Audience:

Trade organizations
Government agencies
Industrial users
Freight forwarders
Global trade management vendors
Enterprise users

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continues...

List Of Tables

Table 1 Global Trade Management Software Market, By Region, 2018—2023

Table 2 North America: Trade Management Software Market, By Country, 2018—2023

Table 3 Europe: Trade Management Software Market, By Country, 2018—2023

Table 4 Asia-Pacific: Trade Management Software Market, By Country, 2018—2023

Table 5 The Middle East & Africa: Trade Management Software Market, By Country, 2018–2023

Continues...

List Of Figures

Figure 1 Global Trade Management Software Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis Of Global Trade Management Software Market

Figure 4 Value Chain Of Global Trade Management Software Market

Figure 5 Share Of Global Trade Management Software Market In 2018, By Country (In %)

Continues...

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Micro-LED Display Market Analysis, Growth, Share, Industry Trends, Supply Demand, Forecast and Sales to 2023

2019-11-19T11:19:45.478Z

Market Highlights

Market Research Future (MRFR) announces the publication of its half-cooked research report micro-LED display market 2018–2023

According to Market Research Future, the market for Micro-LED Display Market is segmented on the basis of application, panel type, vertical and region.

The increasing digital signage applications integrated with micro-LED components is expected to enhance the growth of this market during the forecast period. Most of the manufacturers are continuously investing in the R&D to enhance the functionality of electronic components, thereby boosting the growth of micro LED display market. Moreover, growing trend of miniaturization of electronics such as mobile phones, smart watches among others is encouraging manufacturers to adopt micro-LED component. However, the cost of micro-LED display is high as compared to OLEDs, which in turn is hampering the growth of this market. The micro-LED display market is in its nascent stage and thus lacks standardization in manufacturing procedures. In july 2018, Samsung announced that, it is ready for mass production of micro-LED displays for both commercial and home entertainment use. The Samsung micro-LED display uses flip-chip bonding technology which interconnects semiconductor devices like integrated circuit chips to external circuitry.

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Key Players

The prominent players in the micro-LED display market are Apple Inc. (LuxVue) (US), Oculus VR (InfiniLED) (US), LG Electronics Inc. (South Korea) Sony Corporation (Japan), Samsung (South Korea), X-Celeprint (Ireland), Epistar Corporation (Taiwan), GLO AB (Sweden), VerLASE Technologies (US), JBD (China), and Aledia (France), among others.

Industry Segmentation

In the study, the micro-LED display market has been segmented based on application, panel size, and vertical.

In terms of application, this market segment includes smartwatch, NTE devices, television, a head-up display, smartphone and tablet, monitor and laptop and digital signage.

In terms of panel size, this market segment includes micro-display, small- and medium-sized panel and large panel.

In terms of vertical, this market segment includes consumer electronics, entertainment & advertisement, automotive, aerospace & defense, and others.

Regional Outlook

According to the study, the market for micro-LED display globally has been studied under the key regions of North America, Europe, Asia-Pacific, and the Rest Of the World.

The Asia-Pacific’s market is leading and is being the fastest growing market with the presence of major leading LED component and display panel manufacturers here. The countries such as China, Japan, and South Korea are the key players who are into manufacturing micro-LED display products at a great extent. With this, the swelling investments of multinational companies in developing their manufacturing facilities in the Asia-Pacific region is also highly driving the growth of this market.

North American region for the market is booming considerably with the use of micro-LED in wearables, which is enhancing the growth of the market over the forecast period. Whereas, the increasing demand for electronic devices such as smartphones, tablets, and smartwatches have promoted the use of micro-LED display among the consumers have also helped the market to launch.

Europe is also leading with the micro-LED display market and following up the factors similar to the market of North America.

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Market Drivers & Trends

The market for micro-LED display is trending due to factors such as increasing demand for brighter display panels for electronic devices such as smartwatches, mobile devices, and AR/VR devices. These devices are enhancing the display, which enables an individual to enjoy many decent features with adequate brightness, clear, and modified without hurting the eye vision. In concern with this, the market is booming with more production demand over the years, which is also anticipated to surge in the assessment period.

As an add on, the Micro-LED Displays Market are more efficient and successful than LEDs and OLEDs in terms of power consumption and longer span of life, which is yet another crucial factor leading the market growth in the current time. On the other hand, rising demand for wearable displays for smartwatches and head-mounted displays (HMDs) are creating enough opportunities for the market to introduce and contribute to its growth rate.

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Serial NOR Flash Sales Market 2019 Global Analysis, Opportunities and Forecast 2023

2019-11-14T09:47:42.486Z

Market Scope

Market Research Future (MRFR) says in its new report that the global serial NOR flash market can capture a growth rate of 4.8% during the forecast period (2018-2025). The report also mentions that the market has the potential to touch a valuation of USD 1,306.9 million by 2025.

Top Drivers and Key Barriers

Over the past couple of years, Serial NOR Flash Market has transformed significantly, giving way to better memory size along with physical interface options. It finds widespread use in computation as well as data storage applications. Numerous end-use electronic products like touch screens, display controllers, and AMOLED panels consist of serial NOR flash. Rising urbanization coupled with technological advancements across the world has resulted in the exponential growth of the serial NOR flash market.

There is a robust demand for portable electronic devices that have a stable memory and are light weight. These types of devices are purpose-built and are used on a regular basis. Serial NOR has become an ideal alternative to parallel NOR, given its space efficiency, higher pin-count, reduced chip cost, enhanced performance and system cost.

The hike in the number of consumer electronic products with AMOLED panels, soaring demand for touch and display integration (TDDI) chips and the increasing use of serial NOR chip in IoT-backed components also boost the demand for the serial NOR flash market. With technology trends like artificial intelligence (AI) and industrial automation picking up steam, a host of new avenues is anticipated to emerge for the serial NOR flash market.

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Competitive Landscape

The study covers the competitive landscape with inclusion of companies like Elite Semiconductor Memory Technology Inc., Integrated Silicon Solution Inc., Macronix International Co., Ltd, Microchip Technology, Inc., Winbond Electronics Corporation, GigaDevice Semiconductor Inc., Cypress Semiconductor Corporation, to mention a few.

Market Segmentation

The MRFR report includes a thorough segmental distribution of the serial NOR flash market, which includes type and application.

The types of serial NOR flash are 1 MB, 4 MB, 8 MB, 32 MB, and others [high-density serial NOR memory (above 32 MB)]. The others segment forms the largest market and can demonstrate a growth rate of 4.93% during the appraisal period, which is much higher than its counterparts. The main reason could be the rising focus on the development of advanced controller functions combined with the surging popularity of plug-in memory.

Considering the application category, the market segments are IT, consumer electronics, communication, automotive and industrial, and others. Revenue-wise, the consumer electronics segment stands at the top position in the market. Further, the automotive and industrial segment can post a better growth rate in the following years. Serial NOR flash has numerous applications in instrument cluster and advanced driver assistance systems (ADAS) in automobiles.

Regional Analysis

Regions as per which the global serial NOR flash market has been extensively studied include Europe, China, North America, South Korea, Japan, and Rest of the World (RoW).

In terms of value, China controlled a share of 34.32% in the global market in 2017. The serial NOR flash market in China currently holds the value of USD 300 million and has the potential to record a growth rate of 5.8% during the estimated period. Over the past few years, a sharp increase has been noted in the demand and supply of serial NOR flash in the country, with a strong likelihood of this trend continuing throughout the next couple of years. China is also a leading supplier of serial NOR flash to sectors like automobile manufacturing and electronic appliance manufacturing. China boasts of a massive consumer base, which makes it a prominent investment destination for industry participants. In addition, strong government support along with increasing investment in electronics manufacturing also induces market growth in China.

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North America has been recognized as the second-most profitable market for serial NOR flash. The North America market value in 2017 was USD 185.5 million and it is expected to attain a growth rate of 4.4% during the conjectured timeframe. The regional market benefits from the high concentration of renowned serial NOR flash manufacturers like Cypress Semiconductor Corporation, Micron Technology, Inc., Integrated Silicon Solution Inc. etc.

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