Monday, 5 March 2018

Smartwatches Market – Forecast on Market Dynamics, Emerging Trends, Growth Factors

Transparency Market Research has recently published a new research report that discusses the global smartwatches market. According to the research report, titled “Smartwatches Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”, the global smartwatches market is expected to experience robust growth in the coming years due to several reasons. The research report also points out the strengths, weaknesses, opportunities, and threats faced by the global smartwatches market. The report also clarifies the doubts pertaining to the threats to players in the global smartwatches market and the intensity of the competitive rivalry.
According to the research report, the global smartwatches market was valued at US$701.2 mn in 2013 and is expected to expand at a CAGR of 53.60% from 2014 to 2020. As the perception of smartwatches is changing from being just an expensive accessory to a fitness and time tracker, more and more users are looking to buy these devices for health reasons.
The global smartwatches market is segmented on the basis of price range, operating system, and geography. As per the price range, these smartwatches are segmented into high-end smartwatches, mid-end smartwatches, and low-end smartwatches. On the basis of operating system, smartwatches are divided into Android Wear, iOS, and others. Geographically, the global smartwatches market is segmented into North America, Asia Pacific, Latin America, the Middle East and Africa, and Europe.
Back in 2013, the mid-end smartwatches segment dominated the overall market with a share of 44%. However, as the understanding and usage of these watches is undergoing a revolution, consumers across the world are likely to invest in high-end smartwatches in the coming years, thus spurring the growth of the segment in the forecast period.
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Amongst the operating systems, iOS smartwatches were a clear hit in 2014. Android trailed this segment closely in the same year. However, analysts predict thatwith Android Wear OS launched by Google Inc., the segment of smartwatches based on Android Wear OS is likely to accelerate at a CAGR of 57.90% from 2014 to 2020. The research report suggests that North America leads the global smartwatches market due to the huge pool of tech-savvy and health-conscious users in the region.
Some of the key players profiled in the global smartwatches market are Samsung Electronics Co. Ltd., Pebble Technology Corporation, Nike Inc., Apple Inc., Garmin Ltd., Fitbit Inc., Martian Watches, Qualcomm Incorporated, ConnecteDevice Ltd., and Sony Electronics Inc. The research report gives a clear idea of the competitive landscape of the smartwatches market by studying the company profiles of these players, assessing their financial overview, understanding their business and marketing strategies, analyzing their research and development activities, and anticipating the strategic mergers and acquisitions in the coming few years.

Electric Wheelchair Market – Industry Analysis, Growth and New Market Opportunities Explored

According to a new market report published by Transparency Market Research “Electric Wheelchair Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020,” global electric wheelchair market was valued at USD 1.23 billion in 2013, growing at a CAGR of 19.2% from 2014 to 2020 to account for USD 4.48 billion in 2020.
The global electric wheelchair market is primarily driven by growing need for effective mobility solutions in various indoor and outdoor applications for growing elderly population. The demand for electric wheelchairs is predominant in countries such as the U.S., the U.K., France, Germany, Japan, China and South Korea. Increase in disposable income and affinity for high-tech products in these countries is also influencing the growth of overall electric wheelchair market.
Center wheel drive segment held the highest revenue share accounting for more than fifty percent of the overall market in 2013 in terms of mobility. With the increase in number of technologically advanced wheelchairs equipped with gadgets for accessibility and control, the demand for electric wheelchair is observing substantial growth globally. Front wheel drive segment is analyzed to be the second fastest growing segment after center wheel drive electric wheelchairs and are expected to attain a significant growth in the recent future. The front wheel drive electric wheelchairs are expected to grow with a CAGR of 25.3 % over the forecast period from 2014 to 2020.
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Geographically, North America led the electric wheelchair market in 2014 and the region is expected to continue its dominance throughout the forecast period. The factors responsible for the dominance of the North America are growing elderly population and high disposable income. Moreover, consumer awareness and affinity towards new technology is further contributing to the growth of electric wheelchair market in North America. Europe and Asia Pacific followed North America in the global electric wheelchair market to collectively account for more than 40% percent of the global market revenue share.
The report provides company market share analysis of the various industry participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies and recent developments in the field of electric wheelchairs market. Major market participants profiled in this report include Invacare Corp., Handicare, Pride Mobility Products Corp., Ottobock Healthcare GmbH, Sunrise Medicals, Drive Medicals Ltd., Hoveround and others.

Large Power Transformers Market is Expected to Witness Strong Demand in the Future Due to Rising Environmental Concerns

A new research report published by Transparency Market Research states that the global large power transformers market is poised to grow at a positive pace in the coming years. The report, titled “Large Power Transformers Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”, includes a comprehensive view of the market that has been compiled using credible research resources and accurate analysis techniques.
According to the research report, the global large power transformers market was worth US$18.3 bn in 2013. From 2014 to 2020, the market is expected to grow at a CAGR of 7.80% to reach a figure of US$31 bn by 2020 in terms of revenue. In terms of volume, the demand for large power transformers stood at 11,223 units in 2013 and is expected to reach 18,709 units by 2020, growing at a CAGR of 7.70% from 2014 to 2020.
The stupendous growth of the global large power transformers market will be attributable to the several environmental advantages they render to users at large. Stringent environmental regulations, increasing pressure of global warming, and governmental interventions for low emissions and water conservation are encouraging companies to opt for green transformers. The green revolution has also succeeded in motivating companies such as Alstom and Crompton Greaves Ltd. to develop environment-friendly units. Keeping in line with this demand, Crompton Greaves Ltd. has designed and installed quiet power transformers that can be used in wildlife reserves and other areas where the surroundings cannot be disturbed with noise.
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The global large power transformers market is segmented on the basis of power rating and geography. The power ratings in the global large transformers market are 100 MVA to 500 MVA, 501 MVA to 800 MVA, and 801 MVA to 1200 MVA. Geographically, this market is segmented into Europe, North America, Asia Pacific, and Rest of the World.In terms of power rating, the 100 MVA to 500MVA large power transformers segment is likely to grow at the fastest pace to grab the biggest share in the overall market due to its increasing adoption in utility companies. The application of 801MVA to 1200 MVA power rating transformers will be mainly for HVDC and UHVDC power generation in the Middle East and Asia Pacific due to the increasing energy demands of the emerging economies in these regions in the near future.
Some of the important players in the global large power transformers market are TBEA Co. Ltd., ABB Ltd., Crompton Greaves Ltd., Alstom SA, Hyundai Heavy Industries Co. Ltd., Siemens AG, Hyosung Power & Industrial Systems Performance Group, and GE Co., among others. The research report profiles these key players to give an in-depth insight into their financial overview, investment outlook for the coming years, research and development activities, product portfolio, and business and marketing strategies. The research report also gives a SWOT analysis and Porter’s five forces analysis of the important players in the global large power transformers market to help the readers make important business decisions.

Smart Glass and Window Market – Automotive and Construction Sectors Exhibit Highest Demand

Slightly over half the market share in the global smart glass and window market is held by just three top players, finds a research study prepared by Transparency Market Research. The report adds that the leading company operating in the market named Research Frontiers Inc. accounted for a share of 19.2% in 2014. Some of the other noteworthy companies competing in the market profiled by in the report are Saint Gobain S.A., View Inc., Asahi Glass Co., Ltd., Pleotint Llc, Hitachi Chemicals Co., Ltd., and PPG Industries Inc.
It also uncovers that the global market for smart glass and window is highly competitive due to keen players trying to figure out increasing application areas. They are seen focusing hard on research and development to come up with improved technologies, keeping in mind the various specific needs of a vast pool of consumers. They are also banking upon mergers and acquisitions to take on the competition in the market.
The TMR research study states that the market for smart glass and window will rise at an impressive 14.7% CAGR from 2015 to 2021 to clock a value of US$6.07 bn by 2021-end from US$2.2 bn in 2014.
Smart glass and window find application in construction, marine, automotive, and aircraft. Among them, the flourishing automotive segment led the market with a share of 46.6% in 2014.
Geographically, Asia Pacific, North America, Europe, and the Rest of the World are some of the main segments of the global market for smart glass and window that have been studied in the report. As per it, North America leads the market with maximum share – in 2014 it came to around 31.8%. The market in the region has been majorly boosted by government regulations pertaining to energy conservation and reduction in carbon footprints, and the resultant demand for energy-efficient products. Constant technological progress which are being incorporated every now and then to the products is also positively influencing the market. The U.S. is at the forefront of driving demand in the region.
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Energy Efficiency of Smart Glass Drives their Demand 
The primary USP of smart glass and windows is their energy efficiency. This has led to their increasing uptake. Explains the lead study author, “Energy loss in traditional windows can result in almost about half the total energy consumption in residential buildings and offices. However, low emissivity glass and multi-layer glazing are effective solutions for such energy wastage. Such benefits are driving up demand for smart glass and windows,” says a lead TMR analyst.
Another factor fuelling the global smart glass and windows market is the booming automotive sector that is manufacturing a rising number of technologically superior automobiles equipped with sophisticated features such as SPD-enabled smart glass for side and rear windows. Such type of glass has numerous, fast switching capabilities that lower unwanted light.
Steep Price Hampers Demand
One challenge for the market for global smart glass and window is their steep price. The TMR report states that smart glass and windows cost twice than static gazing glass and conventional high performance glass. However, our analysts state that this is a temporary setback as prices of electrochromic materials will likely come down in the near term, thereby making smart glass and windows more affordable.

Wednesday, 28 February 2018

Proximity Sensors Market – Asia Pacific to Exhibit Leading CAGR through 2025

The worldwide proximity sensor market is foreseen to be very competitive as a result of the emergence of many major firms that hold huge market shares. These vendors compete on the basis of price, reputation, quality, and delivery capabilities to increase greatest market footing amid the gauge time frame. The seller scene in the worldwide proximity sensors market is an exceptionally divided one. Owing to high competition in the worldwide market, the large number of worldwide and provincial players are centered on giving cost focused items that will enable them to increase upper hand.
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Key associations, acquisitions, and development of business with the help of new administration augmentations are some other key development systems received by organizations in this market. Panasonic Corporation, Pepperl + Fuchs GmbH, Omron Corporation, Sick AG, IFM Electronic GmbH, Schneider Electric SE, Semtech Corporation, Rockwell Automation Inc., Vishay Semiconductors, Qualcomm Technologies, ST Microelectronics NV, Futek Advanced Sensor Technology Inc., Sensata Technologies, Infineon Technologies AG, and NXP Semiconductor are to name major players in the worldwide proximity sensors market.
According to a recent report by Transparency Market Research (TMR), the proximity sensors market is anticipated to flourish with a steady CAGR of 5.1% within its predicted time frame from 2017 to 2025. In year 2025, the market is expected to be evaluated around US$ 3,754.8. As per the technology the global proximity sensors market is dominated by capacitive proximity sensor fragment, and is foreseen to sustain its position in coming years as well. This is chiefly a direct result of their ease, enhanced power utilization, and high dependability highlights. In year 2016, among all, Asia Pacific remained as the main local market for proximity sensors. Besides, Asia Pacific is expected to account the main market value among other key areas over the gauge time frame.
Rising demand for more efficient and accurate spotting of vehicles has prompted an upsurge in the usage of proximity sensors universally. Makers in the car business are progressively fusing proximity sensors in the doors of vehicles to empower brisk access in vehicles. The aviation industry is prone to take up the adoption of proximity sensors as well, due to its ultrasound and electromagnetic properties. Apart this, another major development factor of the worldwide proximity sensors market is the varied utilization of sensors in consumer electronics, industrial applications, and many others.
Moreover, some particular applications that utilizing sensors are smartphone screens, liquid level sensing, vehicle detection, and so forth. Proximity sensors are sensors that are able to detect and recognize when an object is in the region of the sensor. Proximity sensors don’t require physical contact to recognize an object, dissimilar to conventional ones. Proximity sensors distinguishes nearness or movement of an object in the region to change over into an electrical signals. Proximity sensors can distinguish metallic items, non-metallic articles, and liquids among different items.
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Recent progressions in capacitive proximity detecting innovation that tends to have a few downsides of IR sensors innovation could discover varied use in cell phones. This is relied upon to make development scope for the proximity sensors market amid the gauge time frame. The unending development of consumers’ gadgets sector has prompted the expanding prevalence of proximity detecting innovation. Makers are acquainting new items in the global market each year to keep up the developing interest.
Among a variety of consumer gadgets, proximity detecting technology finds broad application in cell phones. Right now, cell phones utilize IR-based proximity sensors to recognize the nearness of a human ear with a specific end goal to lessen display control use by turning off the background LCD light. It likewise impairs touch screen to keep away from unexpected touches by the cheek.

Software Defined Storage Market – North America to Lead Global Market due to Higher Acceptance of Technology

The global software defined storage (SDS) market is expected to become highly competitive in the upcoming years, says Transparency Market Research in a recently published report. Such a cutthroat competition will mainly result from large investments by businesses to improve technologies, in order to outgun their rival companies. Mergers and acquisitions and collaborations, are some of the strategies implemented by most businesses in the global software defined storage (SDS) market in order to tap into new markets spread across geographies.
VMWare, Inc., Dell EMC, Oracle Corporation, Microsoft Corporation, NetApp, Inc., Hewlett-Packard Enterprise, and International Business Machines Corporation are some of the key players in the market.
As per our expert analysts at TMR, the global software defined market is expected to attract a valuation of US$48.18 bn until the end of 2025. The market which was valued at US$4.86 bn in 2016, will likely see such as stellar increase in value by clocking a phenomenal 29.2% CAGR from 2017 to 2025.
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The global software defined storage market is mainly divided into several segments based on four criteria: usage, software, end user, and geography. Under end users, the BFSI industry is anticipated to hold a leading share in the market, with a rising awareness about reliable back-up data plans. The Geographically, the global software defined storage market can be divided into Asia Pacific, North America, Europe, Latin America, and Middle East and Africa. Of these, North America rakes in maximum revenue due to presence of a key vendors in the region and high awareness of the market-based services among the masses.
According to the comprehensively detailed report, the software defined storage market is mainly driven by the several benefits provided by this type of storage, as compared with other technological methodologies. Some of these benefits are: less energy processed, less cost needed to build data centers, and operational ease. Mammoth data volumes produced by industrial and governmental sectors is also expected to boost the global software defined storage market.
Computers exist in most modernized households, urban locations, and manufacturing companies and industries. Such a rapid rise in the number of computing systems is a crucial factor to raise the global software defined storage market’s growth graph. Regular improvements in software programs with respect to ease of learning and use, along with a change in computing powers to gain high operational speeds, is also proving beneficial to the software defined storage market.
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In opposition to these driving factors, there are many hindrances having a negative effect on the global software defined storage market. A prominent obstacle involves high costs required for the initial setup of the programs and other operation-based processes. However, this situation is soon expected to witness a change with better product innovations aimed at reducing the cost factor in future.

Rise in HAP-based Wireless Communication Services to Spur High Altitude Platforms Market

High altitude platforms (HAPs) are objects stationed at a height of more than 50,000 feet from Earth’s surface. HAPs are commonly deployed in the stratospheric layer, far higher than the altitude at which commercial aircraft operate. Thus, HAPs are capable of covering large surface areas and can be used for maritime and land-based applications. These platforms are used for various applications, such as communication systems, persistent surveillance, and navigation. Apart from these, HAPs are also used for applications such as aerial imaging, environmental monitoring, and Internet services. HAPs are often referred to as alternatives to satellite systems due to their capacity of fulfilling similar purposes.
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The most significant factor augmenting the HAP market’s growth is their competitive advantage over satellite systems. HAPs require much lower expenses for system deployment and operation than satellite systems. Additionally, the payloads attached to HAPs are also compatible with the existing infrastructure, which makes them preferable to satellite systems. These systems have shorter turn-around times than satellite systems due to their proximity to Earth’s surface in comparison with satellites. Furthermore, the market for HAPs is significantly driven by the increasing defense expenditure of major countries worldwide. Government & defense is the largest segment of this market in terms of revenue and adoption. Thus, growing expenditure on surveillance systems is expected to significantly spur the market’s growth in the coming years.
The market for HAPs is also driven by the growing penetration of Internet services worldwide. HAPs are increasingly being used to deliver wireless Internet services, which are further expected to witness substantial growth in the coming years. One of the most prominent instances is Project Loon by Google, Inc., which aims to provide Internet services through aerostat systems (balloons) deployed in the stratosphere. Nevertheless, the HAPs market faces some of the challenges related to the costs and operational difficulties.
Although much less so than the market for satellite systems, the market for HAPs is significantly hampered by the high initial and operating costs of UAV aircraft. This makes these systems inaccessible to countries with low defense budgets. Furthermore, aerostat systems and airships pose operational challenges such as extremely slow deployment, difficult handling, and restriction on payload weight.
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The global HAPs market is segmented into type of platforms, payload, application, and geographic regions. On the basis of platform type, the market is segmented into airships, UAV aircraft, and tethered aerostat systems. In 2014, the UAV aircraft segment accounted for the largest share, in terms of revenue, of the global HAPs market. This was due to high cost of the aircraft (resulting in higher revenue per unit) coupled with strong adoption from countries such as the U.S., China, Russia, and France.
However, the tethered aerostat systems segment is estimated to witness high demand during the forecast period because of advantages that include low costs, easy upgrading, and low maintenance offered by these platforms over UAV aircrafts. On the basis of payloads, the global HAPs market is segmented into communication, surveillance systems, EO/IR systems, and navigation.
In 2014, North America accounted for the largest share, of over 31%, in terms of revenue, of theglobal HAPs market. This is due to the high penetration of UAV aircraft in the region. However, the global HAPs market is estimated to witness the highest growth in Asia Pacific during the forecast period. This is due to the rapidly increasing adoption of UAV aircrafts and aerostat systems in China, India, South Korea, and Southeast Asia.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...