Nano GPS Chip Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

GPS (global positioning system) was originally developed by the U.S. government for the military. Within a few years, the government allowed their usage by civilians. GPS satellite data usage is free and globally accessible, as long as the device and accompanying software are bought or rented. Nano GPS chip solutions are a pint-sized invention within the broader phenomenon of GPS solutions. The market for nano GPS chips is expected to expand substantially in the future. It is highly competitive and dominated by a few major players.

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Nano GPS chips are equipped with features such as a real-time clock, noise amplifiers, surface acoustic waves, a temperature-controlled crystal oscillator, a power management unit, and radio frequency shielding, which contribute to the growth of this technology. It is capable of constant connectivity with improved marginal signal conditions and minimal power consumption. Nano GPS chip tracking devices prevent bike and car thefts, which is a key factor influencing the development of this market.

Manufacturers have been investing in extensive research and development to find out how to minimize the size of the compact global navigation satellite system module without affecting the product’s efficiency, sensitivity, power consumption, and performance. In the near future, sports and racing games techniques are also predicted to trigger the demand for transceiver chips. Individuals who need to keep track of their elderly parents use nano GPS chip trackers as well, which boosts the demand for them. Solar collar GPS trackers are designed for animals such as cattle, dogs, camels, elephants, and horses for wildlife tracking. Government initiatives to protect wildlife are contributing to the usage of this technology. Urban areas, however, have a poor satellite signal, which is either non-existent or severely weakened by meteorological conditions – a significant hindrance for the global nano GPS chip technology market.

In terms of applications, the market is divided into the commercial and industrial categories. Geographically, is it distributed over North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America.

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Demand for smart, commercial applications is growing. This includes products enabled with tracking solutions such as smart watches, digital cameras, trackers, and wearable devices. The increasing requirement for security systems, wearable products, and tracker devices also plays an important role in propelling the market.

The nano GPS chip technology is anticipated to grow extensively in North America and Asia Pacific, due to the wide employment of new technology in these regions. Developed countries such as the U.S., the U.K, India, China, Korea, Japan, Russia, and Germany are investing considerable capital in research and development in order to become well-equipped to adapt to this technology. The market in Asia Pacific is likely to expand rapidly at a later stage due to the presence of developing nations such as China and India here, which constantly invest in manufacturing electronic products. Hence, the overall nano chip market is projected to evolve significantly.

It is a fragmented market with a few key players, including Shenzhen Zhonghe Electronics Co., Ltd, Shenzhen Esino Technology Ltd, and Dragon Bridge (SZ) Tech Co., Ltd  in China, and OriginGPS in Israel. 

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Voltage Level Translators Market: A cutting-edge technology,industry survey and new business opportunities 2024

Translator is a computer program which is required for translating a given program written in any programming language into a computer language which is functionally equivalent. Circuit designs nowadays needs to be built with more complex structure and high functionality developing systems for meeting different market constraints. For meeting these changing demands, voltage level translation devices are used for maintaining an interface between integrated circuit devices formed from various process technologies. With technological advancement, huge changes are made in the manufacturing process of semiconductors and circuits.

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Nowadays circuits are made with smaller geometrical design with lower supply of different voltage levels helping in various high performance applications which requires low power. For meeting these new technological standards and designs, output and input voltage level needs to be matched between two devices which is where the voltage level translators are used globally. Voltage level translators help in resolving mixed voltage incompatibility arising within different parts of a system which operates and works in multiple voltage domains. On the basis of type the global voltage level translators market can be segmented into dual supply level translators and open drain devices. Defense and aerospace, consumer electronics, automobiles and healthcare among others form the main application areas of voltage level translators globally.

Global Voltage Level Translators market on the basis of geography can be segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Rise in demand for smart phones, digital cameras, tablet and PC’s form one of the main reason for the growth of global voltage level translators market. Steady rise of technologically advanced electronic goods with multi-functional capacity has further resulted in the rise of voltage level translators globally which in turn has made the manufacturers of integrated chips to develop more complex circuits. Voltage level translators are also used extensively in complex medical equipment for delivering faster results which is especially helpful for the terminally or critically ill patients. This has enhanced the application of voltage level translators in healthcare sector and has in turn helped to increase demand of voltage level translators market worldwide.  With growing demand for auto direction sensing in automotive industry, the demand for voltage level translators is also likely to increase helping in growth of global voltage level translators market. Maintaining voltage for different devices is required for efficient functioning of voltage level translators globally. This has posed as a major restraint which has negatively affected the global voltage level translators market. Growing demand for technologically advanced, high performance, low space and high functionality circuits will provide huge growth opportunities for voltage level translators market in future.

Geographically, it is North America which holds the major market share in the global voltage level translators market. Increased government grants for enhancement of the healthcare sector can be considered as a major reason for the growth of voltage level translators in North America. Other than this demand for self-driven cars in North America has also positively affected the demand for voltage level translators market. Asia Pacific has accounted as one of the fastest growing regions globally with China, Japan, South Korea and Taiwan emerging as major countries driving the growth of voltage level translators in Asia Pacific region. Presence of a large number of manufacturing facilities dealing with semiconductor products along with constant innovation of multifunctional circuits can be considered as some of the major reasons which has positively driven the market for voltage level translators in Asia Pacific.

Some of the major players operating in the Voltage Level Translators market include Texas Instruments (The U.S.), NXP Semiconductors (Netherlands), Maxim Integrated (The U.S.), STMicroelectronics (Switzerland), Microchip Technology Inc. (The U.S.), Analog Devices (The U.S.), ON Semiconductor (The U.S.), Infineon Technologies (Germany), ABB Ltd. (Switzerland) and Advanced Linear Devices Inc. (The U.S.) among others which are present in the market globally.

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Power over Ethernet (PoE) Chipsets Market: Technological breakthroughs, Value chain and stakeholder analysis by 2024

Global Power over Ethernet (PoE) Chipsets Market: Overview

The Power over Ethernet (PoE) technology enables the transfer of electrical signals and data over cables, thereby avoiding the usage of separate power cords. Demand for fast and cost-effective communication is rising due to the increase in the number of internet users. Under the PoE technology, power is supplied through two or more differential pair of wires seen in Ethernet cables. Implementation of the PoE chipsets for the transfer of data signals saves the cost for setting up separate network of cables.

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On the basis of product type, PoE chipsets have been classified into proximity sensors, VoIP phones, Ethernet switches, wireless radio access points, and pan-tilt-zoom cameras. The VoIP applications contribute significantly toward the growth of the global PoE chipsets market. PoE chipsets are deployed in majority of business-class IP phones. The PoE technology provides value proposition for wireless LAN access points, as it can be deployed without tethering to an AC outlet. Network security cameras are anticipated to hold the maximum growth potential for the market in the next few years.

Global Power over Ethernet (PoE) Chipsets Market: Overview                         

Increase in adoption of IP telephony has driven the demand for Power over Ethernet (PoE) chipsets. Rise in the deployment of network security cameras and Ethernet-based RFID readers will further boost the global PoE chipsets market. Introduction of industrial Ethernet PoE solutions is expected to contribute significantly toward the expansion of the market. The overall market has an opportunity to grow in the near future, with the rising popularity of PoE for digital signage.

Increasing costs of energy have pushed energy-efficient PoE solutions into the spotlight. Introduction of upgraded PoE plus is anticipated to propel the applications of PoE in high-power devices. However, non-standard PoE chipsets cast a long shadow of worry over the growth of the market. Deployment of PoE technology requires high capital investment on electrical and data infrastructure. Lack of awareness about the benefits of the technology and insufficient power requirements will also impede the global PoE chipsets market.

Introduction of standards such as IEEE 802.3 for the PoE technology has expanded the applications of PoE chipsets, including wireless access points and security surveillance cameras. When integrated into application and switching infrastructure, the PoE technology offers reduced deployment costs and increased control and monitoring capabilities across large enterprises and businesses.

Global Power over Ethernet (PoE) Chipsets Market: Region-wise Outlook                              

The global PoE chipsets market has been segmented into four key regions: Europe, North America, Asia Pacific, and Rest of the World. Due to the availability of technologically advanced infrastructure, North America has been contributing significantly toward the growth of the market. In the near future, Asia Pacific is expected to emerge as a potential market for PoE chipsets, as a large number of players are operating in the region.

Key players in the global PoE chipsets market include Shenzhen Quanma Industry Co. Ltd., Silicon Laboratories, STMicroelectronics, Flexcomm Technology, VISIX, Maxim Integrated, Akros Silicon Inc., Microsemi Corporation, and ON Semiconductor. The market has witnessed an influx of a number of vendors from various other sectors such as semiconductors, power infrastructure, network infrastructure, and cabling and network devices.

Market players are primarily focusing on product development and innovations. Furthermore, the key vendors are seeking mergers and acquisitions to expand their business. For example, U.S.-based chipmaker Microsemi Corporation acquired Zarlink Semiconductor, a specialty chip manufacturer, and AML Communications, a manufacturer of microwave and microelectronic assemblies, to enhance its expertise in the manufacture of PoE chipsets.

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Global Temperature Sensors Market: Growing Popularity of Wearable Devices to Have Positive Impact On Market, says TMR

The global temperature sensor market is highly fragmented with the top six players accounting for over 19% of the total market in 2015. The names of these 6 leading players within the temperature sensors market are: Texas Instruments Inc., Honeywell International Inc., STMicroelectronics N.V., General Electric Co., Panasonic Corp., and Infineon Technologies AG. The competition within this market among different players is extremely high as the attributes which can differentiate the product categories from each company is very less, states Transparency Market Research (TMR) in its latest research report. Thus, almost the same product category is being offered by every company and in order to sustain in the competitive market, players are expected to focus on acquiring small manufacturers in the coming years.

According to TMR, the global temperature sensor market is estimated to expand at a 4.60% CAGR from 2016 to 2024 and will rise to US$6.6 mn by 2024.  By volume, the temperature sensor market is expected to cross 2.93 bn units by 2024. In terms of types, thermistors is expected to emerge as the leading segment.

Promising Growth Opportunities for Temperature Sensors Market Lie in Asia Pacific

On the basis of geography, North America has been leading in the market and it accounted for almost 40% of the total revenue in 2015. The growing efforts and initiatives taken by government to improve the medical and healthcare industry in North America have led to the rise in the adoption of temperature sensors. Asia Pacific is anticipated to create many promising opportunities in the years to come due to high growth in the semiconductor and electronics industry and manufacturing industry.

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Thriving Electronics Industry to Bode Well For Growth of Temperature Sensors Market

The flourishing electronics and manufacturing industry across the globe has led to a heightened demand for temperature sensors. Another factor which is having a positive reflection on the growth of the global temperature sensors market is the growing advancements in technology which is fuelling the growth of the electronic goods market. This in turn has increased the application area of temperature sensors. “The growing trend of wearable devices is also estimated to give impetus to the growth of the global temperature sensors market as these sensors are deployed extensively in wearable devices,” said a TMR analyst.

One of the key factors restricting the growth of this market is the declining prices of these sensors. The reduced demand for contacts temperature sensors will also affect the market negatively stated a TMR analyst.

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Intelligent Transportation Systems (ITS) Market: Desperate Need to Reduce Traffic Congestion Creates Powerful Business Prospects

The global intelligent transportation systems (ITS) market has been anticipated in a report by Transparency Market Research (TMR) to be designated as a fairly fragmented type with no industry player clearly exhibiting dominance. There could be a number of regional and international companies operating in the market. Some of the prominent names in the industry are Hitachi, TomTom N.V., and Garmin International. Players have been taking to the adoption of launching novel products in the market and substantially investing in research and development to cement their position in the industry. Such business strategies have been proving to be extremely fruitful for some of the leading market players.

Predicted by TMR to expand at a CAGR of 12.7% between 2016 and 2024, the global ITS market could be worth a US$57.44 bn by the end of the forecast period. In 2015, the market attained a valuation of US$20.22 bn. On the basis of type, advanced transportation management systems (ATMS) could secure a rewarding share in the market while growing at a 12.9% CAGR. By region, North America has been expected to be placed in the driver’s seat as it had bagged a 41.2% share in 2015.

Need for Strong Transportation System to Avoid Traffic Problems Swells Demand

Traffic congestion is observed as a major problem in countries where the transportation system is weak. This could lead to the rise of related issues such as increase in overall transportation cost, travel time, and fuel consumption. A nation’s social and economic development is highly dependent on the formation of a good transportation system. Vendors offering ITS have been forecast to tap into opportunities created through various transportation problems faced around the world. Solutions provided using ITS have been recognized as few of the most vital ones to mitigate transportation problems.

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Several ITS associations around the globe have found out that high-tech traffic management systems could reduce travel time by a 25.0% on an average and waiting time at a traffic signal by close to a 20.0% to 30.0%. This has been foreseen to tellingly up the demand in the world ITS market for the coming years. Furthermore, the swelling significance of making constant improvements in road safety could offer ample of opportunities in the market.

Slow Economic Rise in Some Nations Leads to Lethargic Growth in Global Market

Despite the impressive growth of the international ITS market, there could be some factors slowing down the overall demand. The sluggish economic growth in some countries has been foretold to shrink the adoption of ITS, which could be detrimental for the growth of the market. Besides this, there could be a delay in the market reaching to its full potential due to poor interoperability between ITS and local infrastructures.

However, the growing need for improved road safety could work in the favor of the international ITS market. As surveyed, nearly 2.0% of all casualties witnessed worldwide are a result of road accidents. Important collaborations with government entities have been expected to open up new avenues in the market. For instance, Siemens has entered into a collaboration with the German government for the completion of the Digital Autobahn Test Field project. A prominent aspect of this project is to construct Germany’s first intelligent bridge.

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Transport Stream Switching Market: Leading Players Keen on Incorporating Advanced Techniques to Offer Seamless Stream Processing

Amidst soaring competition, companies operating in theglobal transport stream switching market are making efforts to offer seamless stream splicing and stream processing. To achieve this advanced techniques are incorporated, which calls for high investment. Given the scenario, larger players in the global transport stream switching market are likely to invest increasingly in research and development, a factor that would enable the global transport stream switching market gain momentum in the coming years. Besides this, they are expected to conduct several strategic activities to boost their businesses, finds Transparency Market Research (TMR) in a new study. According to TMR, ROHDE&SCHWARZ, Starfish Technologies Ltd, Telestream, LLC, VBrick Systems, Inc., nablet GmbH, Manzanita Systems, Harmonic, Inc., Mediaware International Pty Ltd, MIVIDI, Nevion AS, AdGorilla LLC, and Techex are some of the most prominent companies operating in the global transport stream switching market. The strategies they adopt to emerge at the fore can spearhead the prevailing market trends significantly.

By the end of 2025, the global transport stream switching market is forecast to reach US$1699.04 mn. According to TMR, the global transport stream switching market will exhibit a CAGR of 9.2% between 2017 and 2025. By end use, the broadcasters and operators segment held lead in 2016. Besides this, the market is also expected to witness lucrative prospects in healthcare and BFSI segments. By the end of 2025, the healthcare and BFSI segments are likely to hold 36.9% of the global market. Regionally, North America held dominance in the global transport stream switching market. During the course of the forecast period, the transport stream switching market in Asia Pacific is also likely to witness strong growth trends.

Rising Demand for Live Streaming Videos to Aid Market’s Expansion

As the adoption of live streaming videos and the demand for on-demand services escalate, the global transport stream switching is likely to grow stronger in response. Prospects are expected to remain exceptionally lucrative for the market in the Middle East and Africa and Asia Pacific. Today, the world is gradually shifting away from tradition methods of promotion to digital advertisement, considering its robust technology and the ability to reach a wider and more scattered audience. This will significant impetus to the global transport stream switching market. The market is also expected to considerably benefit from the rising uptake of optimized video codecs at reduced bitrates and improved quality for broadcasting.

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Market to Benefit Significantly as Businesses Roll out Digital Marketing Campaigns

Besides these, there are several other factors contributing to the market’s expansion. For the instance, the demand for transport stream switching has spiked considerably in response to the roll out digital marketing campaigns by businesses for reaching a more widespread audience through online platforms. The adoption of cloud based services, digital platforms, and the rising demand for media connectivity on the go through live video streaming, smartphones, or notebooks have enabled the market gain momentum as well. These are also the key factors impelling businesses to shift from traditional approaches to more novel digital advertisement platforms, in turn contributing toward the growth of the global transport stream switching market. With the increasing availability of media contents such as videos on social media platforms and the demand for video conferences via live streaming across organizations, the global transport stream switching market is likely to exhibit impressive CAGR in the coming years.

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POS Terminal Market: Growth Boosted by Stipulations to comply with Secured Systems

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.

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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