LiDAR Drone Market – Advanced technologies & growth opportunities in global Industry

Governments and research institutions around the world are encouraging the adoption of LiDAR drones. This reflects positively on the year-on-year sales reported by the global LiDAR market. LiDAR drones are mainly used for enhancing automation and reducing dependence on human efforts. Some of the most common applications of LiDAR drone include archaeology, mapping, precision farming, entertainment, and construction.

Based on product type, the global LiDAR drone market can be bifurcated into fixed wing and rotary wing. Of these, the rotary wing LiDAR segment is expected to report the highest CAGR between 2016 and 2023. The robust demand that the segment has been witnessing is attributed to the compact size and cheaper price of rotary wing LiDAR as compared to fixed wing LiDAR. Additionally, the design of rotary wing LiDAR enables easy access to confined specs such as bridges and pipeline, due to which it is preferred for monitoring and inspection applications. A rotary wing LiDAR can fly both horizontally and vertically. It can also hover in a fixed position, which makes it best suited for high resolution video capturing and aerial photography.

The report provides a comprehensive analysis of the various factors that will have a positive impact on the global LiDAR market. An overview of major restraints threatening the market’s growth is also included in the report. To present insights into the prevailing vendor landscape, the report also includes the profiles of the leading companies operating in the market.

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Global LiDAR Drone Market: Key Opportunities and Threats

The global LiDAR market is also significantly gaining from the rising demand for laser scanners. These scanners exhibit high wavelength and are used for making clear 3D models for surveyed areas. Based on application, the corridor mapping segment has emerged dominant in the market due to rapid urbanization and increasing construction of highways, roadways, and railways.

Despite witnessing positive growth opportunities worldwide, the lack of skilled pilots is hampering the global LiDAR market to an extent. Unlike pilots for conventional aircrafts, drone pilots are required to ensure reliability of the entire system, which includes ground station, vehicle, and communication equipment. While drones do not carry passengers or on-board pilots, any human error while operating a drone could still prove disastrous.

Drone systems mainly rely more on autopilot, radio transmission, and computer technology than conventional airplanes. Hence, operating and maneuvering drones require a greater degree of knowledge and expertise because the accident rate in drones is much higher than in manned aircrafts. However, this issue can be resolved by designing advanced drones.

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Global LiDAR Drone Market: Regional Outlook

Regionally, the Asia Pacific market has been exhibiting attractive prospects for vendors operating in the global LiDAR drone market. Increasing awareness of customers regarding the benefits offered by LiDAR drones such as low cost, high accuracy, and government support are key factors fuelling demand for LiDAR drones in Asia Pacific. The regional market is also benefitted by the increasing adoption of LiDAR drones in countries such as India, Japan, and China.

Global LiDAR Drone Market: Competitive Insight

To study the prevailing vendor landscape in the market, the report has profiled companies such as Phoenix Aerial Systems, Velodyne LiDAR, Inc., Leica Geosystems AG, and others. Among these companies, Velodyne LiDAR holds a major share in the market and has played a significant role in promoting LiDAR drones worldwide. The report presents an in-depth analysis of the strategies adopted by these companies. Their strengths and weaknesses are studied and insights are presented into the threats and opportunities that these companies could face during the forecast period.

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Property Management Software Market – Forecast on Market Dynamics, Emerging Trends, Growth Factors

Managing data related to property has been a significant issue since long time. Technology has proven itself as a problem solver in many business scenarios. Property management software has enabled proper maintenance all the data related to property through systematic integration. Moreover, it has also helped the property managers to save time and other property management costs as well. Thus, by using property management software, the managers can focus on property negotiations.

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Furthermore, the property management software provides a visual and interactive interface so as to keep track of important events, property deals, and inquiries which helps in understanding the performance of the real estate agency. The customization of these software enables choosing the level of structure of business as required. Moreover, property management software has also lessened the amount of paper work as the system itself enables interaction with other parties over E-mail. Important alerts and messages can be delivered over E-mail. Thus, the property management software delivers a hassle free environment in the real-estate sector.

Property Management Software Market: Drivers

The selection of the property management software is basically based upon three characteristics including upgrades, initial cost and level of integration. The factors driving the growth of property management software market include software’s ability to provide easy access to property management data, rise in demand for rent as well as for purchasing property, and growth in both commercial and residential infrastructure.

Furthermore, stringent property related regulations by various governments, rising adoption of cashless transaction and demand for increased transparency among businesses in order to enhance services and are also aiding the growth of property management software market. As real-estate companies handle a large amount of legal as well as financial data, property management software helps to track information automatically in the system. Despite the numerous benefits of property management system, it has some limitations restraining the growth of market. Poor level of account and property integration, low mobile compatibility, and lack of reporting capabilities are some of the factors that may hinder the growth of this market.

Property Management Software Market: Opportunities and Recommendations

The vendors in property management software marketcan seek for growth opportunities by offering cloud-based services, and expand their reach to new geographies. Additionally, companies are implementing business intelligence associated software with a view to make smarter decisions. Companies are also entering into mergers and acquisitions to strengthen and improve their market presence and explore new markets as well.

During the coming years, an increase is expected in the uses of online purchase order systems for properties due to faster processing of invoices, and reduced operating time. Companies are also focusing tracking local markets in order offer suitable properties to customers.

The dominant players in the global property management software are AppFolio, Buildium, London Computer Systems, MRI Software, RealPage, and Yardi Systems. Other prominent vendors in the market are: RentPost, Accruent, PROMAS, Genkan, Property Boulevard, ARGUS Software, Rentec Direct, Rosmiman Software Corporation, Skyline Property Management, Total Management, Realty Information Systems, and TOPS Software.

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Earphone Market – Drivers & Restraints, Market Segmentation, Region-wise Outlook and Key Players 2023

Earphones are a pair of small hearing devices that are designed to be fitted in a user’s ears, facing the ear canal. They are electroacoustic transducers through which the electrical signal is converted into a corresponding sound. They are typically designed to enable a single user to listen to an audio privately, unlike the loudspeakers, which produces sound in open air, for anyone to hear nearby.

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Earphones are portable device and are convenient, however some people consider them uncomfortable and prone to falling out. The earphones consist of separate units that are plugged into the ear canal of the users. In the terms of telecommunication, a headset is a combination of earphone/headphone and microphone. They either connect directly to an audio amplifier, CD player, radio, portable media player, mobile phone, electronic musical instrument, video game consoles or use wireless bluetooth technology. Earphone consists of different audio imitation quality capabilities. The headsets used for telephone cannot reproduce sound with highly reliable expensive units that are designed for listening music.

Using earphones at a high volume level may lead to permanent or temporary hearing damage or deafness. The sound volume has to compete with nearby background noise, especially in places such as subway, railway stations, aircraft, as well as in large crowds. Some portable music devices manufacturers have tried to introduce safety circuits in order to limit the output volume and warn the user when the volume used is at dangerous level. However, this concept has been rejected by majority of public who favor their personal choice of volume.

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Earphones exhibit high consumer adoption rate during workouts, travelling, etc. which has escalated their demand in the recent years. Other factors such as rising disposable income, products integrated with enhanced noise annulment capabilities may swell the earphones market demand during the forecast period. Further, earphone market is composed for high growth owing to its short replacement cycle, which is attributed to growing consumer needs, functionalities and loss or damage. The use of portable music systems, such as tablets, smartphones and handheld music players, is significantly growing in the market which in turn, is driving the market for earphones currently. In the recent years, various technological advancements in earphones have led to minimizing of the overall size and weight of earphones.

The key developments in wireless technologies such as bluetooth, Wi-Fi, Infrared (IR) and SKAA are expected to further increase the growth of the earphone market. The demand for earphones is strong in corporate sector, mainly in the expanding call center industry. The growing adoption of VOIP services for video conferencing is also behind the increasing demand for earphones from the corporate sector. Proliferation of various e-commerce websites, along with competitive pricing is further anticipated to swell the sales of earphones via online store during the coming years.

The major participants in the global earphone marketinclude companies such as JVC Corporation, Sony Corporation, Sennheiser Electronic GmbH & Co. KG, Bose Corporation, Apple Inc., Harman International Industries, GN Netcom A/S (Jabra), Plantronics Pty Ltd., Audio-Technica Corporation, and Philips Electronics Ltd.

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3D Cameras Market – Growth, Demand and Key Players to 2023

3D cameras enable photographers to capture images that create a depth illusion in 2D photographs, enhancing the visual appeal of the photograph. Incorporation of 3D technology in video cameras is, of course, not a novel concept and has been a mainstay in the entertainment industry for many years. 3D videos allow viewers to immerse themselves into the on-screen action much more naturally than with 2D footage. 3D still cameras are a relatively more recent innovation and took much more time to take off commercially, only becoming a commercial hit around the turn of the ongoing decade. However, 3D cameras are now steadily rising in demand.

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Stereo camera technology is a popular method of getting 3D still photographs. Stereo 3D cameras work by utilizing two camera lenses instead of the one that defines the current paradigm of cameras. This allows the camera to function like a pair of human eyes and thus provide depth perception to the photo. The global 3D cameras market is primarily propelled by the enhanced visual appeal 3D cameras provide and the rapid rate of innovation in the industry.

Global 3D Cameras Market: Drivers and Restraints

The rising popularity of 3D content is the primary factor propelling the global 3D cameras market. The engaging nature of 3D photography is becoming increasingly commercially lucrative in the modern market, with many publications trying to boost their user reach through the use of 3D photography. This will be a strong factor boosting the demand for 3D cameras in the coming years. The growing demand for 3D TVs is also a major factor driving the demand for 3D cameras.

The relatively easy incorporation of 3D cameras in smartphones is another factor expected to drive the global 3D cameras market in the coming years. Due to the ease of carrying a smartphone with an advanced camera instead of a bulky and expensive SLR camera, many amateur photographers are starting to choose mobile phones for photography over SLRs. Smartphone manufacturers, recognizing the popularity of mobile photography, are expected to incorporate 3D cameras as a USP in the coming years.

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The rising popularity of high-end smartphones in the increasingly urbanized economies in Asia Pacific and the Middle East will thus boost the global 3D cameras market significantly. From the point of view of 3D camera manufacturers, smartphones are the cheapest vehicle for 3D cameras to make a commercial impact, which will ensure rising usage of 3D camera technology in smartphone cameras.

The rising use of 3D cameras in home automation and security technologies is also a major factor driving the global 3D cameras market. 3D cameras provide higher precision in security videos, which is naturally a sought-after attribute. Rise in the demand for 3D scanning is also helpful for the global 3D cameras market.

On the other hand, the major restraint on the global 3D cameras market is the high price of devices that incorporate them. In spite of the growing purchasing power of consumers in developing regions, the 3D cameras market is still largely restricted to developed regions such as North America and Europe. Ongoing technical innovation will help the 3D cameras industry ameliorate this concern, as will efforts by 3D camera manufacturers to expand their distribution network in emerging economies.

Global 3D Cameras Market: Regional and Competitive Dynamics

The global 3D cameras market is dominated at present, as mentioned, by North America and Europe. Major companies in the 3D cameras market, such as Nikon, Canon, GoPro, Kodak, Panasonic, Sony Electronics, and LG all have well-established sales networks in these regions, in addition to advanced R&D facilities. The future of the 3D cameras market, though, is expected to be dominated by Asia Pacific, as the region contains many dynamic economies that are exhibiting increasing financial clout.

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Automotive Steering Systems Market: Consumer Preference for Electro-Hydraulic Power Steering taking Market to US$39.1 bn by 2021

A new Transparency Market Research report states that the global automotive steering systems market stood at US$24.5 bn in 2014 and is expected to reach US$39.1 bn by 2021. It is expected to expand at a CAGR of 6.20% from 2015 to 2021. The title of the report is “Automotive Steering Systems Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021”.

 

As per the report, the market for automotive steering systems is majorly fuelled by the rising demand from the automotive sector in developing markets and the growing demand for fuel-efficient vehicles. In addition, factors such as the rising vehicle production globally and the growing demand for easy vehicle maneuverability have also resulted in the growth of the companies operating in the market for automotive steering systems. Furthermore, the soaring prices of fuel have resulted in a growing demand for fuel-efficient vehicles from consumers, thus augmenting the demand for hydraulic power steering as well as electro-hydraulic power steering systems. This is further having a positive impact on the market for automotive steering systems. On the other hand, factors such as the requirement for huge capital investments for carrying on research and development activities in automotive steering systems may reduce their demand in forthcoming years.

The report segments the market on the basis of vehicle type, type of steering, and geography.On the basis of vehicle type, the automotive steering systems market is segmented into light commercial vehicles (LCV), heavy commercial vehicles (HCV), and passenger vehicles. Out of these, the passenger vehicle segment is fuelled by their rising demand in the developing economies of India, Japan, and China. In terms of types of steering, the market is segmented into hydraulic power steering, electro-hydraulic power steering, and electronic power steering. Electronic power steering is much easier to operate and offers enhanced mileage in comparison to the segment of hydraulic power steering. However, the segment of electro-hydraulic power steering is poised to witness the highest demand owing to the presence of the favorable qualities of both electronic power steering and hydraulic power steering in this segment.

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On the basis of geography, the market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, on the basis of revenue, the Europe market led the market in 2014 and was trailed by North America. However, the automotive steering systems markets in these two regions will witness slow growth in the forecast horizon owing to impending market maturity here.

The top players operating in the market are Mitsubishi Electric Corporation (Japan), ZF Friedrichshafen Manufacturing Company (Germany), Hyundai Mobis Co. Ltd (South Korea), TRW Automotive Holdings (U.S.), Sona Koyo Steering Systems Ltd (India), JTEKT Corporation (Japan), Robert Bosch Automotive Steering GmbH (Germany), Nexteer Automotive (U.S.), China Automotive Systems Inc. (China), and ThyssenKrupp Presta AG Aktiengesellschaft (U.S.), among others, as per this research report.

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Connected Living Room Market – Forecast on Market Dynamics, Emerging Trends, Growth Factors

The nascent but rapidly expanding global market forconnected living room is highly competitive owing to the presence of large multinational electronics manufacturers such as Samsung Electronics Co. Ltd., Seimens AG, Eaton Corporation, Rockwell Automation Inc., Schneider Electric SE, and General Electric. The market also features several network providers, which are making strides to position themselves as the de facto service providers in the connected living room space, and core M2M vendors. There are no clear leaders as the market is highly dynamic in terms of technological advancements and launch of new products.

In the next few years, the market will become more competitive as technology giants will foray into this budding industry with the help of their applications, products, and services, says Transparency Market Research in a recent report examining the global connected living room market. This niche segment of the all-encompassing Internet of Things (IoT) phenomenon is expected to expand at a promising 7.3% CAGR over the period between 2016 and 2024. The market, as a result, is expected to rise from US$518.92 bn in 2015 to US$984.51 bn by 2024.

Of the key components used in connected living rooms, the segments of sensors and communication devices held significant share in the market and are expected to retain dominance over the forecast period as well. In terms of revenue, the regional market in North America dominated, accounting for over 36% of the global connected living room market in 2015. The region was followed by Europe.

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Rising Influx of Advanced Products at Competitive Prices to Fuel Global Demand

The global market for connected living rooms is chiefly driven by factors such as the vast rise in digitization of a vast set of processes and operations undertaken in everyday lives, rising influx of latest home infotainment devices with better resolution and competitive pricing, and advancements in the technology needed to enable connectivity between several varieties of electronic devices.

Increased affordability of the relatively higher priced devices equipped with M2M connectivity and improved standards of living, especially across developing economies. Attempts by government bodies to encourage the proliferation of digital technologies and applications as a way to improve governance of a nation and societal well-being are also making consumers more open to adopting smart devices for everyday purposes. These factors are expected to collectively drive the market for connected living rooms over the forecast period.

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Compatibility Issues and Lack of Awareness among Consumers to Limit Uptake

Although the overall growth prospects of the global connected living room market are favorable, factors such as lack of awareness among consumers about the energy efficiency-related benefits of connected rooms and compatibility issues of components could pose challenges to market’s growth. Connected living rooms typically utilize a variety of digital and electronic components such as lighting controls, security systems, and entertainment devices, which make use of different types of communication links.

Incompatibility of some communication links with advanced devices in a connected living room could lead to complications. Such compatibility issues may lead to the need for replacing older devices with advanced versions, leading to overhead costs thus refraining cost-sensitive consumers from investing in connected living rooms to a certain extent. Lack of awareness among consumers is another key factor expected to hamper the widespread usage of connected systems such as lighting control products. Lighting control products are not yet mainstream in many developing countries and misconception of high installation costs is posing further challenges to prospects of adoption among consumers.

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Surface Mount Switch Market – Segmentation, Market Players, Trends 2024

The global surface mount switch market features a largely fragmented competitive landscape, wherein the top five companies accounted for nearly 46% of the overall market in 2015, observes a recent report by Transparency Market Research (TMR). These top companies, namely Omron Corporation, NKK Switches Co. Ltd, E-Switch Inc., Grayhill Inc., and C&K Components, have adopted the course of strategies such as expansion of production units, product innovation, and acquisitions and mergers to stay ahead of the competition.

Owing to the rapid development of the global surface mount switch market, a number of new players have forayed into the market by acquiring niche product manufacturers. A number of existing players have also entered into strategic collaborations or have acquired smaller firms to make the most of the existing growth opportunities and remain competitive in the market. This has enhanced the capital base for companies, enabling them to invest higher amounts in research and development activities and strengthen their hold on the market.

 

Most of the key manufacturers of surface mount switches are located in Asia Pacific, North America, and Europe. This has limited the potential of the market from reaching regions such as Latin America and Africa. This could be a viable incremental growth opportunity for new entrants, especially in Latin America, wherein the flourishing telecommunication sector will lead to a vast rise in demand for a variety of electronics components in the next few years.

Growth in Key End-use Sectors to Keep Demand across Asia Pacific Strong

According to TMR, the global surface mount switch market was valued at US$2650.0 mn in 2015 and is expected to reach US$5860.0 mn in terms of revenue by 2024, exhibiting at a CAGR of 8.5% from 2016 to 2024. In terms of product variety, the segment of ultra-miniature surface mount toggle switch presently constitutes the bulk of market’s overall revenue and is expected to exhibit strong growth over the forecast period as well. Geographically, strong growth in industries such as automotive, electronics, and telecommunication, the Asia Pacific market is expected to remain dominant throughout the forecast period.

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Rising Demand for Electronics Goods to Help Market Retain Healthy Growth

The vast rise in the global consumption of electronics goods such as smartphones, tablets, computers, and laptops has been one of the key drivers of the global surface mount switches and will continue to have a strong impact on the market’s future growth prospects. The electronics goods industry consumes vast volumes of electronics hardware that utilize the extensive usage of surface mount technology.

The use of surface mount switches instead of through-hole devices grants the hardware an improved level of mechanization and also significantly reduced the cost of manufacturing. The potential rise in adoption of surface mount switches across the electronics goods industry owing to these factors will have a significant positive impact on the overall development of the market in the next few years.

Higher Costs and Relative Unsuitability for Mechanical Stresses to Hinder Market Growth

On account of the small size, better performance, and cost effectiveness of surface mount switches, when the overall cost of the end-product is considered, have led to their increased usage across a number of application areas; analysts have estimated that surface mounted switches are replacing through-hole switches in about 90% of new-age electronic hardware.

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However, surface mount switches are comparatively costlier than through-hole switches.  Also, surface mount switches face limited competency when subjected to special electrical, mechanical, and thermal conditions, making through-hole switches relevant to a wide range of applications and for a number of cost-sensitive end-product varieties. Moreover, electromechanical surface mount RF switches are known to have lower operating lifetimes than solid state switches.

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Electronic Scrap Recycling Market – Industry Shares, Market Strategies And Key Players

According to a new market report published by Transparency Market Research “Electronic Scrap Recycling Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022”, the global electronic scrap recycling market was worth US$ 11.03 Bn in 2014 and is expected to reach US$ 34.32 Bn by 2022, growing at a CAGR of 15.7% from 2015 to 2022. Europe was the largest market for electronic scrap recycling in 2014. Growth in this region is expected to be driven by stringent government regulations and huge profits generated through the recovery of precious metals from electronic scrap.

 

Owing to the wide availability of electronic scrap and the rising global volume of scrap electronic products, a trend of focus on increasing electronic scrap recycling capacity by smelting and refining companies has been observed in various regions worldwide. The importance of electronic scrap is on the rise in response to changes in consumer patterns and advancements in the technology of electronic devices. This has resulted in the generation of huge quantities of e-waste that need to be managed and processed. The traditional means of handling of this e-waste, including disposal in landfills, exporting overseas, and combustion in incinerators are prohibited due to legislation designed to prevent environmental pollution. Moreover, the presence of ferrous, non-ferrous, and precious metals makes electronic scrap recycling economically attractive. For all these reasons, smelting and refining companies such as Boliden Group and Umicore N.V., Mitsubishi Materials USA Corporation lay emphasis on increasing electronic scrap processing capacity. To this end, in June 2015 Mitsubishi Materials Corporation expanded the Naoshima Smelter and Refinery’s electronic scrap receiving and processing capacity to about 110,000 tons per year (an annual increase of 30,000 tons over current capacity). Likewise in June 2012, Boliden Group increased the electronic scrap recycling capacity from 45,000 to 120,000 tons per year at its Rönnskär smelting facility.

With advancements in technology, the demand for electronic and electrical equipment has risen dramatically. Persistent innovations on electronic and electrical technologies have further shortened the use-life of electronic and electrical products. This has enhanced the generation of e-waste or waste from electronic and electrical equipment. E-waste primarily comprises laptops, computers, mobile phones, television sets, and other electrical or electronic household appliances.

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According to the UN Environment Programme (UNEP), around 20 million to 50 million tons of e-waste are generated every year globally and volumes are increasing three-folds faster than other forms of municipal wastes. This is primarily fuelled by expanding markets and rapid product innovations such as the switch from analog to digital technologies. The global production of e-waste is increasing rapidly and is expected to pick up pace in coming years. E-waste is considered to be hazardous; therefore it should be managed and processed carefully. Additionally, the presence of various precious metals such as gold, silver, palladium, tantalum, and gallium makes e-waste attractive for recycling. Thus, most companies in the field are either entering into the electronic recycling business or expanding the recycling capacity at their smelting and refining facilities. For instance in June 2012, Boliden Group started a new electronic recycling facility at the Rönnskär copper smelter. The company has increased the smelter’s capacity from 45,000 tons to 120,000 tons per year.

The recycling of e-waste for the recovery of various metals is important from the standpoint of saving energy. Moreover, the recycling of e-waste would also help in reducing the burden on mining ores for primary metals. For instance, electronic recycling helps in metals that require significant energy consumption for extraction and are seen in low concentrations in primary ores. More precisely, e-waste is a richer source of precious metals than their primary ores. The amount of gold recovered from one ton of e-waste from circuit boards of the computers is greater than that recovered from around 17 tons of gold ores.

The recovery of base metals such as copper, lead, and zinc and precious metals such as gold, silver and palladium plays an important role in recycling, e-waste management, sustainability, and resource conservation. Sustainable resource management demands the segregation of hazardous resources from e-waste and the maximum recovery of precious metals. Thus, the recycling of e-waste helps reduce pollution, conserve energy, lower greenhouse gas emissions, and conserve resources by extracting fewer raw materials from the earth’s crust. Due to all these advantages, the demand for electronic scrap recycling market is expected to soar significantly during the forecast period.

On the basis of metals extracted, the global electronic scrap recycling market is segmented into ferrous, non-ferrous and precious metals. In terms of volume, in 2014, ferrous metals were the major contributor in the market and accounted for around 40% of the overall electronic scrap recycling market. However, precious metals segment is expected to expand at a CAGR of 11.2% from 2015 to 2022.

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In terms of electronic scrap generation, the market is segmented into office, IT equipment, and handheld devices, large white goods, small household appliances, lighting and electric product and automotive components. In 2014, large white goods segment accounted for the largest volume share of around 50% of the overall electronic scrap generated, globally. However, small home appliances segment is expected to grow at fastest rate in terms of volume in the electronic scrap generation market during the forecast period from 2015 to 2022.

Geographically, Europe is the largest market for electronic scrap recycling globally and it is expected to maintain its dominant position throughout the forecast period. In 2014, Europe accounted for around 29% of the overall electronic scrap recycling market. However, Asia Pacific is expected to witness fastest growth during the forecast period. Asia Pacific, especially in terms of countries such as China, Japan, South Korea, India, Australia, and Singapore, offers several growth opportunities for the electronic scrap recycling market. China, South Korea, and Japan are the key markets in this region. Advancements in technology and rapid industrialization have led to the accretion of electrical and electronic waste in Asia Pacific, leading governments to pass certain regulations pertaining to electronic waste recycling. In addition to government policy impetus, increasing awareness of the hazardous effects on health and the environment, as well as the potential value of resources within e-waste also fueled the electronic scrap recycling market in this region

The global electronic scrap recycling market, in current situation shows the presence of key players including Boliden Group, Umicore N.V., Dowa Holdings Co., Ltd., Ultromex Ltd., LS-Nikko Copper Inc., Glencore Xstrata Plc, Enviro-Hub Holdings Ltd., Outotec Oyj, Mitsui & Co., Ltd., Mitsubishi Materials USA Corporation, MRP Company, Inc., Aurubis AG, and JX Nippon Mining and Metal Corporation, Electronic Recyclers International, Inc., Sims Metal Management Ltd., Stena Technoworld AB, Tetronics Ltd., and Global Electric Electronic Processing Inc.

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E Sim Card: A Revolutionary Stride In The Sim Market

The global market for E-SIM card is envisioned to witness the entry of several new players, thereby intensifying the level of competition in the near future, observes a recent report by Transparency Market Research. Some of the leading companies in the market are Telefonica S.A., Gemalto N.V., Apple Inc., Samsung, NTT DOCOMO Inc., Sierra Wireless Inc., ST Microelectronics, Giesecke & Devrient GmbH, Deutsche Telekom AG, and OT-Morpho.

The report states that the global E-SIM card market will exhibit an impressive CAGR of 13.5%, rising from a valuation of US$4,095.6 mn in 2016 to an opportunity of US$14,613.1 mn by 2025.

Europe Market Accounts for Dominant Share in Global Market

In terms of application, the segment of machine to machine led the global E-SIM market in terms of revenue contribution to the global market in 2016. While the segment is expected to retain its dominance over the forecast period as well, the segment of smartphones is projected to gather pace and account for a significant share of the overall market post 2019. The smartphone application segment is envisaged to exhibit a robust 26.3% CAGR from 2019 to 2025.

From a geographical standpoint, the E-SIM market in Europe accounted for the dominant share in the global market in 2016, with the North America market following, in terms of revenue contribution. The leading position of Europe in the global E-SIM market can be attributed to favorable government policies that have led to the swift uptake of automation and data exchange in manufacturing technologies.

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Ease of Switching Mobile Network Operators in Real Time to Fuel Demand

A number of factors are contributing to the growth of the global E-SIM market, including the ability of E-SIMs to switch between network providers in real time Over the Air (OTA). This facility allows users to change their network providers at ease, thereby preventing consumers from incurring international roaming charges. This facility comes in handy especially when used in connected cars and smart meters where it helps reduce significant operational and logistics costs.

Other factors fueling the growth of the global E-SIM market include the standardized set of technical specifications for the E-SIM technology, which offers better security than conventional SIM cards. The technology has been standardized by Groupe Speciale Mobile Association and covers over 800 mobile operators across the globe. Moreover, the compact design of E-SIM proves beneficial for OEMs who can use the saved space to provide additional storage or increase the size of the battery in devices such as tablets and smartphones.

Automotive Industry to Provide Vast Growth Opportunities

The rising adoption of E-SIM in the automotive sector and in consumer electronics devices is one of the key growth opportunities in the global E-SIM market presently. The applications of E-SIMs in advanced vehicles are already vast and could grow with time. As a result, the automotive sector is expected to emerge as one of the most promising areas of application areas of E-SIM in the next few years, providing vendors in the market massive growth opportunities.

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However, one of the key challenges faced by the market is the plausible resistance shown by MNOs towards the adoption of E-SIM as it eliminates the need for the consumer to visit the physical stores of network providers. This has the capacity of enhancing consumer’s bargaining power in a way, adds one of the authors of the study.

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Contactless Payment Transaction Market – Growth Forecast Analysis by Manufacturers, Regions, Types and Applications to 2025

The global contactless payment transaction market is expected to flourish significantly in coming years owing to a headstrong competition among the manufacturers. The emergence of various big and small service providers presents a very aggressive seller scene, notes one of the current reports by Transparency Market Research (TMR). Rivalry in the market has additionally escalated with the section of banks, card organizations, telecom organizations, and payment organizations generally. The simplicity of passage in the market is relied upon to witness inflow of new members to add to the fracture and rivalry regarding administration costs. Some of the significant players ruling the market are Barclays, Gemalto N.V., Ingenico Group, Verifone Systems Inc., Inside Secure, Wirecard AG, Apple Inc., Giesecke & Devrient GmbH, On Track Innovations Ltd., Heartland Payment Systems, and Samsung Elecrronics Ltd.

According to a report by Transparency Market Research, the worldwide contactless payment transaction market is anticipated to grow at a stunning 55.5% CAGR for the conjecture time frame during 2017 to 2025 for the market to be worth US$801.44 bn by 2025. The portion of contactless card (NFC/RFID) is evaluated to contribute the main income to the worldwide contactless payment transaction market over the conjecture time frame. Fueled by the expanding selection of NFC-empowered smart wearable gadgets and developing utilization of contactless cards, Europe is foreseen to show generally expedient development among other key territorial sections. In the area, contactless cards is anticipated to contribute the main income sponsored by development in retail and transport end-utilize businesses.

Firms to come up with Various Marketing Strategies to get Profit

With a specific end goal to guarantee practical returns, specialist co-ops are centered on creating inventive marketing procedures for better rate of change. For instance, Samsung created attractive secure transmission, which discharges an attractive flag that copies the attractive strip on conventional payment cards. The major factor fueling the contactless payment transaction market is the expanding interest for rapid transactions, particularly in the transport and retail divisions supported by the rising utilization of cell phones.

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Ended up being an obstruction, on the other hand, is the high establishment cost of purpose of-offer (PoS) machines for contactless payment when contrasted with ordinary PoS machines. Tough rivalry wins in the worldwide contactless payment transaction market. This is on account of there are a sizeable number of little and substantial specialist co-ops and section into the market is very simple. Generally, the passage of banks, card organizations, telecom organizations, and payment organizations that are foraying into contactless payment administrations has additionally increased rivalry in the market. This move sought after can be ascribed to the mass selection of contactless payments by a few parts, in this manner offering comfort to the clients.

Fast and Productive Outcome to Augment the Market Growth

This empower transaction to be done with no physical association between a customer’s payment gadget and purpose of-share terminal. Cell phone payments, scratch cards, cupons, and vouchers are a portion of the gadget that are utilized for leading contactless payments. Contactless payments offer productive and fast payment arrangements through an EMV contactless card, NFC cell phone, or standard contactless travel card.

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POS Terminal Market – Industry Analysis, Growth and New Market Opportunities Explored

Transparency Market Research’s new report on the global point-of-sale (POS) terminal market observes the scenario in the market to be fragmented yet intensely competitive. The competition is expected to further intensify with aspiring players, especially software vendors seeking entry into the market.

Ingenico S.A., PAX Technology Limited, NEC Corporation, , VeriFone Systems Inc., MICROS Systems Inc., Cisco Systems Inc., Hewlett-Packard Company, Toshiba Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd., and NCR Corporation were the key vendors for POS terminal services in 2016.

The global market for POS terminal stood at US$54.68 bn in 2016 vis-à-vis revenue and is poised to expand at a CAGR of 11.5% between 2017 and 2025.

Early Implementation of Technology Pushes North America to Top Position

The application segments of POS terminal market are restaurant, hospitality-lodging, grocery/supermarket, warehouse/distribution, healthcare, retail, field service, and government. Retail, among them, accounted for the leading market share in 2016. This is mainly because of ease of fast processing of bills, data backup, maintenance of customer database, inventory management, and management of customer loyalty programs.

North America, at present, dominates the global POS terminal market in terms of revenue contribution. In 2016, the region held a significant 30% share of the overall market. This is due to significant use of POS terminal across the retail and entertainment sectors and early implementation of technology.

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Demand for Enhanced Services from Savvy Consumers Boosts Market Growth

Some of the key growth drivers in the global POS terminal market is the high acceptance of POS terminal across the hospitality, retail, warehouse/distribution, and healthcare sectors due to ease of use and high return on investment. POS terminal have an array of use, which include printing bills, making payments, inventory management, and carrying out customer loyalty programs.

The rapid growth of the retail and hospitality sectors in developing economies have had a profound impact on the growth of POS terminal market. Small and medium sized retailers and quick service restaurants in the emerging economies of China and India are increasingly adopting POS solutions for enhanced customer experience. With the entry of retail giants such as Wal-Mart to emerging economies, the demand for POS solutions is further expected to rise. Therefore, Asia Pacific is expected to display significant growth with the leading CAGR over the forecast period.

The growth of the market is further supplemented with the rising adoption of mobile POS in retail and hospitality sectors as they are more systematic and allow prompt processing of credit. Further, it offers ease of use, as any tablet or mobile can be remodeled into mobile POS by simply fastening a reader to it. Thus, mobile POS terminal are expected to experience high growth over the coming years.

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Furthermore, advancements in POS terminal systems, in recent years, such as real time analytics features is working in favor of the growth of the market. Last but not the least, compliance requirements such as Europay, Mastercard, and Visa (EMV) are driving the growth of POS terminal market as they are ensure enhanced security of payments.

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Temperature Sensor Market – Industry Trends and Forecast to 2024

The global temperature sensors market features a largely fragmented and competitive vendor landscape, with the leading six companies collectively accounting for a mere 19% of the overall market in 2015, observes a recent report by Transparency Market Research. The market suffers from a lack of differentiating attributes in key product varieties. Thus the market features a high level of price-based competition.

To sustain in the highly competitive market, leading vendors are focusing on ways of consolidating the vendor landscape and are proactively looking for strategic collaboration opportunities. Some of the leading companies in the market are STMicroelectronics N.V., Honeywell International Inc., Panasonic Corp., General Electric Co., Infineon Technologies AG, and, Texas Instruments Inc.

 

TMR analysts suggest that the global temperature sensor market will register a healthy 4.6% CAGR over the period between 2016 and 2024. At this rate, the market is likely to rise to a valuation of US$6.6 bn by 2024 from US$4.6 bn in 2015. In terms of volume, the market is expected to surpass cross 2.93 bn units by 2024.
North America to Continue to Hold Leading Spot over Forecast Period

Of the key product varieties, the segment of thermistors has emerged as the most promising in terms of revenue opportunity as well as sales in the recent years. Exhibiting a promising pace of expansion over the report’s forecast period, the segment is expected to continue to lead the market through 2024. Geographically, the market in North America is presently the dominant regional market. Accounting for nearly 40% of the overall market in 2015 in terms of revenue, the regional market is expected to lead over the forecast period as well. The vast rise in adoption of temperature sensors across the healthcare, medical, and oil and gas sectors will lead to promising growth prospects for the regional market over the report’s forecast period.

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Massive Rise in Global Sales of Consumer Electronics Products to Drive Growth

The report states that among the key factors that are expected to fuel the global temperature sensor market, the rising inclination of key industries towards non-contact sensors, the massive rise in demand from the thriving consumer electronics industry, and a rising set of applications will prove to be most impactful. Of these too, the consumer electronics sector will emerge as the leading consumer of a variety of temperature sensors as well as the most promising revenue generator for the global market. The mounting global sales of products such as mobile phones, laptops, wearable devices, LCDs, and fitness bands have worked well for the global temperature sensor market and will continue to lead to steady demand in the next few years as well.

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Connected Logistics Market – Forecast on Market Dynamics, Emerging Trends, Growth Factors

The global connected logistics market is moderately fragmented with leading players merging and acquiring other companies as part of their growth strategy, states Transparency Market Research (TMR) in its latest report on connected logistics. Some of the leading players within the market are International Business Machines Corporation, Infosys Limited, Google Inc., Oracle Corporation, Amazon Web Services Inc., Microsoft Corporation, Dynatrace LLC, SAP SE, NETSUITE Inc., and Freightgate Inc.

According to TMR, the global connected logistics market will rise to US$55.17 bn by 2025, expanding at a 17.8% CAGR from 2017 to 2025. On the basis of service, it is expected that the connected logistics market will be led by the asset management service segment on account of advanced transportation and logistics infrastructure needed and also due to globalization.

Most Lucrative Regional Market to be Asia Pacific for Connected Logistics

In terms of geography, North America is leading in the market at present as businesses dealing with delicate products are increasingly in need for integrity control. Europe is expected to be the second largest contributor to the revenue of the connected logistics market. The healthcare sector in Europe is extensively making use of connected logistics and this will drive the growth of the market in Europe. However Asia Pacific will steal the show by expanding at the fastest pace between 2017 and 2025 exhibiting an impressive CAGR of 18.1%. The e-commerce sector is flourishing in Asia Pacific and is a sector which requires real-time tracking of products, thereby making use of connected logistics extensively.

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Increasing Demand for Transparency Control to Drive Demand for Connected Logistics

According to the report, the rising need for transparency control and integrity will be an important factor behind the growth of the connected logistics market. Connected logistics is driven by the need for product delivery at optimal cost, timely delivery, perfect condition of the product, and the need for delivering right product to the right place. Connected logistics is especially required for the transportation of goods which are delicate and would require special monitoring during transit. Today, shipment details as well as the facility of tracking a product in real time has become essential in logistics and ecommerce. This in turn, will fuel the growth of the market for connected logistics.

Proliferation of Internet of Things to benefit Connected Logistics Market

The proliferation of Internet of Things has also helped this market to grow. Connected Logistics can help provide real-time information regarding the weather, the shipping lane traffic, and road conditions on being connected to internal or external data feed. By receiving alerts on severe fluctuation of the temperature or weather, manufacturers are able to take  appropriate actions before their products are damaged.

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Intelligent Electronic Devices Market – Outlook and Forecast by 2024

Most of the nations worldwide are trying to raise their electricity production in order to complement the increasing industrialization and urbanization. This factor has significantly contributed to the rise of substation installation in order to deliver electricity to various remote parts of a nation. A substation is used to step up current and voltage or vice versa for transmitting electricity to long distances.

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Thus, a substation typically consists of equipment such as circuit breaker, transformer, capacitors and voltage regulators which perform transmission, distribution and protection of equipment’s from both the ends. This makes substation an important part of power system which needs constant monitoring and maintenance for smooth operation. Intelligent electronic device helps to monitor, control and protect the substation equipment’s from unpredicted faults resulting in disruption of power supply.

Intelligent electronic devices consist of a group of microprocessor controlled components such as switching, control and communication units. Switching units comprises devices such as protective relay, electrically operated on-load tap controller and electrical isolator which operate in substation to mechanically isolate the system in case of possible fault. Some switching units also continuously monitor and collect data which is fed to control units through communication devices. Communication devices comprises Ethernet cables, wireless transmission and power line communication carrier (PLCC). Today, most of the intelligent electronic devices manufacturers provide communication through Ethernet cables and wireless communication.

Control units consists of a system which helps to monitor and control the remote terminal unit (RTU) or switching units in real-time. Further, it also collects historical data from switching units thereby providing detailed analysis to the operator. Intelligent electronic devices also consist of monitoring systems, supervisory control and data acquisition (SCADA), human machine interface (HMI) and digital meters which help to provide additional information of overall health of substation systems.

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Intelligent Electronic Devices Market: Driving Factors and Opportunities

Further, with the introduction of smart grid system, the application of intelligent electronic devices is expected to increase in coming years. Some intelligent electronic device vendors also provide software which help to collate and monitor the overall condition of intelligent electronic devices. A major requirement for intelligent electronic devices vendors is to comply their system with International Electrotechnical Commission (IEC) IEC 61850-6 standard. Thus, the protocol is expected to create a huge impact on the market in producing a standardized product.

The application of intelligent electronic device is expected to increase in transmission and distribution, collector and switching substation. Some vendors are also providing customized solution for gas insulated substation which also require monitoring of SF6 gas. The market for intelligent electronic device is also expected to increase owing to the automated and remote control of substation in remote areas.

The application of intelligent electronic device is increasing in renewable energy installation such as wind farms and solar projects which require continuous monitoring of electrical equipment’s. The market can be segmented on the basis of hardware such as RTU, communication and control system. Further, the challenge faced in case of possible intrusion in wireless based communication can be a possible restraint for this market.

Intelligent Electronic Devices Market: Key Players

Some of the prominent vendors providing intelligent electronic device are Schneider Electric SE, Siemens AG, Black & Veatch Corporation, Eaton Corp PLC, SUBNET Solutions Inc., Toshiba Corporation and ABB Ltd.

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Enterprise Content Management Market – Report, Trends, Size, Share, Analysis, Estimations and Forecasts to 202

Looking to achieving the top slot amidst competitive trends, the leading players in the global enterprise content management (ECM) market are launching innovative solutions. Besides this, several companies are providing cloud-based solutions to offer improved experience through better storage availability, remote access, and real-time access on a cloud-based platform, finds Transparency Market Research (TMR) in a new study. Strategies adopted by these enterprises over the last couple of years and the ones they are contemplating to implement in the coming years reflect have a profound impact on the market. On studying these, readers can get a comprehensive market overview. TMR has identified companies such as Datamatics Global Services Ltd., Alfresco Software, Inc., Hyland Software, Inc., Capgemini S.A., EMC Corporation, IBM Corporation, M-files Inc., Pennywise Solutions Private Ltd., Tata Consultancy Services, and SAP SE as some of the leading players in the global enterprise content management market.

TMR has pegged the overall value of the global enterprise content management market at US$9,117.4 mn in 2016. Exhibiting a CAGR of 9.0% between 2017 and 2025, the market is expected to reach US$19,904.8 mn by the end of 2025. Among industries reporting demand for enterprise content management, BFSI is at the fore. In addition, a significant increase in the demand from the retail segment is also expected through the forecast period. Among the key regional segments, North America emerged dominant, holding nearly 38% of the global enterprise content management market in 2016.

Rising Investment toward Strengthening ECM Architecture to Give Impetus

Over the coming years, the global enterprise content management market is likely to report steady growth gaining from investment surge in the ECM architecture. A majority of these investments are coming from emerging nations such as India and Brazil. Given the scenario, experts predict massive growth for the market in terms of scalability, investments, and robustness as an increasing number of end users invest in cloud-based ECM solutions.

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In addition, the rising awareness among prospects customers regarding their diverse applications will enable growth in the global enterprise content management market. In the last couple of years, cloud-based ECM solutions have found increasing applications in various sectors including banking and financial services, insurance companies, consumer goods, energy and power, education and academia, securities and capital markets, healthcare, defense, media and transportation, and IT and Telecom. A common thread between these industries is that all they require high information security hence emerging as prime consumers of the technology.

Digitization of Business Platforms Creates Environment Conducive to Growth

The market is likely to gain from digitization of various business platform. Apart from this the abundant availability of unstructured data, the demand for prompt sharing of sensitive information, proliferation of bring your own device trend, and the advancements in the database applications have created an environment conducive to deploying enterprise content management. Supporting this is the higher availability cross various organizations and improved mobile access. Following the implementation of ECM, organizations can derive benefits such as improving their monitoring technologies, thus, establishing time stamp and securing access.

As more number of enterprises realize the benefits they can achieve from enterprise content management, its implementation will spike, in turn boosting the overall market.

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Audio Communication Monitoring Market – Advanced technologies & growth opportunities in global Industry

The communication technology is witnessing increasingly combined with network and IT infrastructure however, businesses are slowly realizing the importance of being able to monitor as well as maintain this capability centrally. The communication environments are also getting more complex, which increases the need for visibility into several aspects of these systems and cohesively manage them. IT managers are searching for various new ways to automate the process of issue identification so as to keep their communications systems current, secure as well as effective. Audio communication is a major tool for businesses to maintain their competitiveness in the global market. It helps companies to adhere with the risk and compliance management obligation, improve the operations quality as well as augment the overall productivity.

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Audio communication monitoring providers deliver the customers with independent audio monitoring as well as analysis solutions and supporting services in order to maintain the organization’s focus solely on their core operational activities. The demand for audio communication monitoring is also increasing among organizations due to the advent of advanced governance and, risk and compliance frameworks which they need to follow. Currently, audio communication monitoring solutions, in the form of alarm surveillance monitoring, voice biometric solutions, media monitoring, and mobile communications monitoring systems has helped the organizations to continuously and effectively analyze the audio content so as to gain better insights, further improving the agent and the customer relationship.

The increasing need for receiving real-time insights from the call records and communication data, converting it into structured form across the organization is significantly contributing to the growth of audio communication monitoring market. Also, audio communication monitoring systems reduce the initial investment and operational cost, and thus it has a growing demand from SMBs, further driving the market growth globally. The task of listening to live calls is time consuming and needs more time for supervision and management, which is another important factor swaying the global audio communication monitoring market growth.

Furthermore, with the rise of technically advanced solutions, the risk of cybercrimes, telemarketing frauds, as well as phone hacking has increased in a considerable manner. In order to monitor and control such misdemeanors, the use of audio communication monitoring devices has significantly increased swiftly in the recent past. The adoption by law enforcement agencies has further increased the growth of this market. BPOs and call centers are the key customers of audio communication monitoring system.

Due to this increasing demand, the audio communication monitoring solutions providers are coming up with innovative solutions in order to gain competitive advantage in the market. These companies are helping large enterprises as well as SMBs to implement audio communication and provide quick insights on the fluctuating business conditions. In February, 2015, Tata Communications launched RoamPulseTM platform, which is a real-time roaming intelligence service that enabled the mobile network operators to enhance their customers’ roaming experience. It also provides real-time monitoring, reporting as well as alarming of the roaming traffic and resolves the problem of undetected roaming issues.

The key participants of audio communication monitoring market include IBM Corporation, Cisco Systems, Inc., NICE Systems Limited, Tata Communications Ltd., Nectar Services Corporation, Nexidia, Inc., Intelligent Voice Ltd, Fonetic Solutions, and Behavox Ltd.

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