Neuro-gaming Technology Market New Growth Opportunities By 2026

Neuro-gaming technology is an advanced gaming technology that involves utilization of brain–computer interfaces such as the electroencephalography (EEG) technology. This technology allows users to interact with the game without using any traditional controller. If a player wants to watch the brain activity of other users, he/she can play the game in the multiplayer mode. The purpose of neuro-gaming technology is not only the entertainment. It also focuses on healthcare and the well-being of the people. Neuro-gaming technology also helps in treating brain disorders such as post-traumatic stress disorder (PTSD) and attention deficit hyperactivity disorder (ADHD).

‘NeuroRacer’ is one of the earliest neuro-games. It is a racing game which is designed to improve the cognitive functioning of aging adults. ‘Throw Trucks with Your Mind’ is another neuro-game. It permits users to pick up and throw objects by mentally blocking distractions. ‘NeuroMage’ is another neuro-game, by which users can easily learn new spellings. Neuro-gaming technology enables game developers to design games to improve physiological factors such as health, brainpower and skills of the players. Developers use the most recent, cognitive, emotional, behavioral and sensory technologies for creating advanced gaming systems such as neuro-games. Neuro-gaming technologies use a broad array of inputs for playing games such as brain waves, player’s heart rate, hand and body gestures, changing emotional state, and pupil dilation. The neuro-gaming technology leverages on other major technologies such as virtual reality, augmented reality, and haptic sensation systems for making new games.

The global neuro-gaming technology market is primarily driven by increasing usage of computers, laptops, and smartphones among users and rising development of brain computer interfaces (BCIs) in advanced gaming systems. This is primarily because most users prefer smart devices such as computers, laptops, and smart phones for playing video games. Additionally, rise in the demand for advanced technologies and tools for adding more functionality and features to games is anticipated to boost the demand for neuro-gaming technology across the globe in the near future. This is primarily because developers of the neuro-game technology are emphasizing the development of advanced gaming technologies in order to attract new customers and retain the existing customers.

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The global neuro-gaming technology market can be segmented based on component, deployment, end-user, and region. In terms of component, the market can be classified into software, hardware, and services. Based on deployment, the neuro-gaming technology market can be categorized into cloud-based and on-premise. In terms of end-user, the market can be divided into industrial, commercial, and residential. Among these, the industrial segment can be further classified into defense, health care, sports, and education.

In terms of region, the global neuro-gaming technology market can be segmented into North America, Middle East & Africa, Europe, South America, and Asia Pacific. The neuro-gaming technology market in North America is estimated to expand at a substantial rate during the forecast period. North America is among early adopters of the neuro-gaming technology due to presence of a large number of innovative developers in the region. Furthermore, continuous growth of the gaming industry in the region is fueling the neuro-gaming technology market in North America. The neuro-gaming technology market in Asia Pacific is anticipated to expand significantly during the forecast period. Demand for the neuro-gaming technology in the region is primarily generated from countries such as China, India, and Japan. Furthermore, increasing adoption of advanced gaming technologies and rising awareness among users are expected to create new growth opportunities for the neuro-gaming technology market in Asia Pacific in the next few years.

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Augmented Reality in Energy and Utilities Market - Bridge the Utility Industry’s Knowledge Gap

New digital technologies are ensuring that companies extract more energy more efficiently and with less impact on the environment. Augmented reality (AR) allows users to view their environments inversely by assimilating the digital content with the real world. Several players operating in the energy & utilities industry identify that strategic implementation of augmented reality not only enhances the customer experience, but also streamlines business operations. The impact of virtual and augmented reality on the energy industry is high. The ability of augmented reality (AR) to enhance workers’ safety and protect equipment addresses the priority of safety emphasized in the energy & utilities industry. AR facilitates enhanced visualization of pipelines in concrete, underground assets or any complex modules, which aids in escaping breaks while digging. It also identifies dangerous leaks and reduces accidents. Thus, employee safety is maintained along with reduction in errors and total downtime. The use of digital technologies by organizations in the energy & utilities sector is expected to reduce capital expenditures by up to approximately 20%. AR devices complement the reality, thereby permitting the wearer to circumnavigate, change, and accomplish work-related procedures and duties without any obstacles.

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The energy & utilities industry faces lack of skilled workers and aging workforce, which may result in knowledge loss. AR aids field workers by connecting them with remote experts that can provide real-time guidance. Thus, increasing demand by enterprises to optimize businesses and enhance workforce security is expected to contribute significantly to the augmented reality in energy and utilities market during the forecast period. Use of augmented reality in the energy sector considerably improves work; simplifies knowledge transfer; and reduces costs. It facilitates operational efficiencies. Various energy associations are investing large amounts in understanding the application of AR in the energy & utilities industry. For instance, The Electric Power Research Institute (EPRI) has partnered with Duke Energy, installing Atheer’s AR platform to demonstrate benefits of AR application in terms of enhanced productivity and safety led by hands-free data access. Expedited equipment maintenance offered by AR is also likely to drive the augmented reality in energy and utilities market during the forecast period.

However, lack of awareness regarding the implementation of software and unavailability of skilled individuals are expected to restrain the augmented reality in energy and utilities market during the forecast period. Implementation of AR in the energy & utilities industry can help companies streamline their operations; raise the overall safety level; and considerably reduce their operating expenses.

The global augmented reality in energy and utilities market can be segmented based on component, and region. Based on component, the augmented reality in energy and utilities market can be divided into hardware and software. The software segment can be sub-divided into cloud and on premise. In terms of region, the global augmented reality in energy and utilities market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the global augmented reality in energy and utilities market during the forecast period, as the region is witnessing significant adoption of latest technologies.

Use of AR in the energy & utilities industry is helping reduce maintenance downtime at energy and utilities sites and reduces the costs of initiating and directing specialized workforces to actual sites for the purpose of a mere inspection. A large number of players are venturing into the augmented reality in energy and utilities market. Key players operating in the global augmented reality in energy and utilities market include Remote Technologies Inc., DAQRI, InnoCentive, Inc., and Vuzix. Key players are adopting various growth strategies such as mergers & acquisitions, partnerships, R&D, and product innovations so as to remain competitive in the augmented reality in energy and utilities market. For instance, in April 2018, Zpryme announced a collaboration with Austin Energy to release virtual and augmented reality applications (VR/AR apps), which are expected to transform the method by which retailers inform customers about energy in the next few years.

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Construction Robot Market – NextGen Innovation in Construction Industry

Robots are used today in several industries, the best known example of which is the automotive industry. Essentially, they replace workers engaged in intensive manual labor, especially for repetitive tasks. However,  in  most  industrialized  nations,  the  construction  sector  is  among  those mobilizing the greatest number of economic resources. Employing robots on construction sites may have been considered an impossible fantasy in the past or just an innovative dream. Application of robots in the construction industry for performing various tasks is growing. Basic activities in building construction, and civil engineering projects developed by robots are connecting, positioning, attaching, coating, finishing, concreting, inlaying, building, covering, scaffolding, jointing, demolishing, inspecting, tunneling, and repairing elements.

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Many construction specialists are ferociously opposed to the use of automatic robots and are suspicious of losing their employments when such designs are bright enough to replace human resources. In contrast, the expensively high costs of manufacturing, constructing and using robots on-site, in comparison to the costs of hiring laborers, is a major concern of construction robot market. Hence, hiring a robot to work on-site is not an imminent threat to the labors. Nevertheless, the recent technical invention has caused waves in the business and excited interest. It is sensible to predict that robots will be leader in a new era in the construction industry.

The construction robots market is segmented on the basis of type, function, application and geographical regions. On the basis of type, the construction robot market is segmented into robotic arms, rovers, autonomous vehicles and others. On the basis of function, the global construction robot market is segmented into 3D-printing robot, demolition robots, remote controlled robots, bricklaying robot and others. By application, construction robot market can be segmented into commercial building, residential building, public infrastructure and others. By geographical region the global construction robot market is split up into North America, Europe, Asia Pacific, Middle East & Africa and South America.

The largest size of the European construction robot market is endorsed to the large services of numerous companies for the progress and manufacture of the construction and demolition robots, growing number of government regulations, and rising need for the domestic and non-residential construction developments. Also, the European construction market is expected to grow extremely in the coming years. The high rate of industrial development has increased the extent of construction activities in the region, leading to growing demand for innovative construction equipment, such as robots.

Acquisitions and Merger, new product introductions, investments, and corporations & developments are the key strategies adopted by market companies to ensure their growth in the construction robot market. The key players Husqvarna (Sweden), Brokk (Sweden), Ekso Bionics (US), Fujita (Japan), Komatsu (Japan), Construction robotics (US), Autonomous Solutions (US), Conjet (Sweden), Fastbrick Robotics (Australia), TopTec Spezialmaschinen (Germany), nLink (Norway), Apis Cor (Russia), Yingchuang Building Technique Co. (WinSun) (China), MX3D (Netherlands), CyBe Construction (Netherlands), Advanced Construction robotics (US), CYBERDYNE (Japan), Alpine Sales and Rental (US), Giant Hydraulic Tech (China), and Beijing Borui Intelligent Control Technology (China) are some major players in the construction robot market.

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Alcoholic Beverage Industry to Propel the Container Glass Market

Transparency Market Research delivers the key insights on the container glass market in its published report, titled “Container Glass Market: Global Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global container glass market is estimated to expand at a CAGR of 5.0% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecast in this report.

The large pharmaceutical industry of the U.S. to drive the demand for container glass in the country

The U.S. is not only the largest market for pharmaceuticals and leading in terms of pharmaceutical research & development expenditure, but also one of the leading producer of pharmaceuticals in the world. As container glass is highly preferred for packaging of pharmaceuticals, the large pharmaceutical industry of the U.S. is one of the primary drivers of container glass market in the North America region. The research & development on pharmaceuticals has also led to a large variety of container glass materials and packaging solutions.

The alcoholic beverage industry of Africa to propel the container glass market in the MEA region

Sub-Sahara African countries in the MEA region are estimated to account for around 40% of the MEA container glass market in terms of volume in 2018. This is prominently due to the large production of beer and other alcoholic beverages in the region which is further projected to witness a rise during the forecast period.

Moreover, the pharmaceutical industry of GCC countries is rapidly growing. Among individual countries of the MEA region, South Africa is estimated to hold the highest market share, followed by Turkey. The significant presence of packaging companies in South Africa is majorly responsible for its dominance in the MEA region.

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Europe is estimated to be the leader in the global container glass market in terms of value, while the Asia Pacific is estimated to hold the highest share in the global container glass market by volume

The cost of manufacturing of container glass in Europe is relatively high, primarily due to high labour costs in the region. On the other hand, the manufacturing cost of container glass is significantly low in the Asia Pacific region. The Asia Pacific region accounts for the highest demand for packaging in the world, which lead to the highest demand for container glass in the region in terms of volume. Thus, the Asia Pacific region is dominating the global container glass market in terms of volume, while the economic availability of container glass in the region has resulted into a low container glass market volume share as compared to that of the Europe region.

Majority of the demand for container glass in the Asia Pacific region is served by the relatively unorganised manufacturing industry established in the region which provides container glass at economic prices to compete with the global container glass market leaders operating in the region and target low out-put end-users.

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Sugar Packaging Market Is Set For A Rapid Growth By 2026

Sugar packaging is done in a variety of formats, both in bulk and retail. There are a number of products available in the market for sugar packaging. The sugar packaging market is witnessing a tremendous shift in preference for flexible packaging formats. Manufacturers of sugar packaging are also incorporating technologies, such as QR codes. The advent of modern high quality printable packaging formats has led to the usage of sugar packaging not only for protection of sugar substances, but also as promotional tools.

The global industry is characterized by intense competition due to the involvement of several packaging formats. Sugar is a commodity product and therefore, witnesses high rate of consumption. Manufacturers of sugar packaging solutions are expected to make persistent efforts to adopt sustainable packaging solutions. The outlook for growth of the global sugar packaging market is expected to be highly positive during the forecast period as flexible packaging solutions are moving towards market dominance.

Global Sugar Packaging Market: Dynamics

The concerned global industry is expected to grow on the backdrop of growth in the flexible packaging industry. The sugar packaging market will be largely influenced by the ongoing shift in preference towards sustainable packaging solutions. One of the key factors expected to provide an edge to the global market is customizability. Sugar packaging solutions are highly customizable and manufacturers differentiate their products through printed packaging solutions. Sugar packaging solutions are aimed at enhancing consumer appeal. In addition, bulk sugar packaging solutions are mostly used for B2B sales. Paper sacks are one of the most commonly used packaging formats for sugar packaging.  

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The Asia Pacific is expected to be at the forefront of the global sugar packaging market in terms of market size and growth during the forecast period. Countries, such as India and China, are anticipated to remain the leading contributors to the growth of the Asia Pacific market. North America is expected to be a significant contributor to the growth of the global market, given the high super intake per day by an average American.

The U.S. market is anticipated to account for the larger share of the North America sugar packaging market during 2018-2028. In terms of average sugar consumption per person per day, the United States ranks on top with an estimated 126.4 grams. The Europe market is expected to closely follow its North American counterpart, with countries, such as Germany, the Netherlands, the U.K., Belgium, and Finland, being in the list of top ten countries with highest sugar consumption.

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Pump Pressure Caps are Restraining the Growth of Global Screw Closures Market

In their latest report titled – “Screw Closures Market - Global Industry, Size, Share, Growth, Trends and Forecast, 2018–2027”, Transparency Market Research (TMR) delivers key insights on the use of different materials and processes used for screw closures, along with various end uses and applications. According to TMR, the global screw closures market is projected to clock a CAGR of 5.0%, during 2018-2027, which is attributed to several factors, on which, the report provides thorough insights and forecast. The APEJ (Asia Pacific Excluding Japan) screw closures market is expected to take the rise in terms of CAGR.

The global screw closures is experiencing growth due to an increase in demand from the beverage, food , pharmaceuticals, and personal care & cosmetics industries. The Asia Pacific excluding Japan (APEJ) region is estimated to be the largest marketplace for the global screw closures market.

In this report, TMR has discussed individual strategies followed by the recent developments in the screw closures product segments. TMR suggests that the increase in the growth of single-serve beverages is expected to be a key driving force in the growth of the screw closures market globally. Polypropylene has been found to be the most widely used material for screw closures. Out of several plastics, LDPE, HDPE, polypropylene, metal, and thermosets are expected to witness maximum use for screw closures. Polypropylene is estimated to account for more than 50% of the global screw closures market by value. The TMR study analyses the screw closures market in several regions and focuses on the key dynamics affecting the screw closures market, globally.

The Asia Pacific excluding Japan (APEJ) screw closures market is estimated to be highly attractive in terms of market share and CAGR during the forecast period. By diameter type, the 63 mm–100 mm neck diameter segment is majorly preferred by consumers in 2018. The screw closures market for the beverage industry in the Asia Pacific excluding Japan (APEJ) is projected to register the highest CAGR among other end-use segments during the forecast period.

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The North American screw closures market report includes a country-level analysis for the U.S. and Canada. The U.S screw closures market is expected to dominate the regional market throughout the forecast period. The Latin American screw closures market includes a country-level analysis for the Brazil, Mexico, and Rest of Latin America. Brazil is projected to witness fast-paced growth, while Rest of Latin America is estimated to be a prominent screw closures market in terms of market value during the forecast period. In the European screw closures market analysis, prominent countries such as Germany, the U.K., Spain, France, Italy, and Rest of Europe are analyzed. The U.K screw closures market is projected to grow at the highest CAGR among other countries in the European region. Germany and Italy are estimated to be highly attractive screw closures markets in terms of market value share.

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Infrared LED Market Development Trend

Infrared (IR) LEDs are the transmitters which radiate IR beams at a more drawn out wavelength than obvious light. These gadgets are comprised of aluminum arsenide or aluminum gallium arsenide and have a working voltage of around 1.4V. The IR LED emanates wavelength at the scope of 760 nm and is hence undetectable to the human eye. Expanding installation of 6-inch sapphire wafer substrate is picking up noticeable quality as the 6-inch wafer lessens the expense of LEDs when contrasted with 2-inch wafers. The 6-inch wafers makes the creation more effective as there is no space squandered and edge misfortunes are lessened. The expanding establishment of closed circuit TV cameras for observation will propel the development prospects for the worldwide infrared LED market for the following few years.

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CCTV cameras are incorporated with infrared LEDs as a key segment that gives night vision and provides with low-light level applications. Likewise, the mechanically propelled current IR LEDs offer propelled picture improvement and are more solid and enduring. Besides, the mix of CCTV cameras along with infrared LED provides expanded optical yield, extensive variety of discharge edge, and close field perceivability applications.

The relocation of LED producers to 6 inch sapphire wafer substrates will support the development possibilities for the worldwide infrared LED market before the finish of forecast period. As the 6 inch wafers influence the creation to process more productive and diminish the expense of LEDs not at all like on account of 2inch wafers that outcomes in more squandered space and edge misfortune, the makers are progressively relocating towards 6?inch sapphire substrates.

The worldwide infrared LED market is exceedingly aggressive due to the awareness of countless and global merchants over the globe. It has been watched that numerous enormous players are encountering a decrease in their market share as a result of the expanding number of Chinese makers.

Infrared (IR) LEDs are the transmitters which emit IR rays at a longer wavelength than visible light. These devices are made up of aluminum arsenide or aluminum gallium arsenide and have an operating voltage of around 1.4V. The IR LED emits wavelength at the range of 760 nm and is thus invisible to the human eye. Increasing adoption of 6-inch sapphire wafer substrate is gaining prominence as the 6-inch wafer reduces the cost of LEDs when compared to 2-inch wafers. The 6-inch wafers makes the production more efficient as there is no space wasted and edge losses are reduced.

Growing demand of infrared LEDs for integration of hyper spectral imaging and remote sensing in consumer electronics, automotive, and other allied industries is expected to drive the industry over the forecast timeline. Increasing popularity of these devices amongst end-users DIY (do-it-yourself) security cameras is anticipated to support the industry demand.

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Rising security concerns and ever expanding smartphone industry are fulfilling the demand of infrared LEDs globally. Increasing construction of smart homes and commercial complexes will demand for more secure equipment for the security purposes in the coming years. Technological advancements in infrared LEDs in defense, imaging, lighting, automotive, and consumer electronics is expected to fuel the global infrared LED demand from 2017 to 2025.

Low power consumption, high security and low cost benefits is projected to support the infrared LED industry as these devices are used in combination with receivers for use in varied products such as wireless mouse, remote controls, and telecommunication modules. Manufacturers are focusing on implementation of infrared LEDs in various multimedia devices such as mobile phones & tablets and surveillance systems.

Emerging technologies in closed circuit televisions (CCTVs) and smartphones such as iris and facial recognition is anticipated to be a quickly growing trend in the industry. For instance, Samsung’s smartphone Galaxy S8 features iris and facial recognition to meet and secure the growing demand of mobile payment services. The widespread promotion of mobile payment services on devices such as notebooks and smartphones featuring user authentication based on infrared LED technology, is predicted to be the primary growth driver of the industry over the forecast timeline.

IR LEDs are integrated into CCTV cameras as primary component as it offers low-light level and night vision applications. The technological advancements in modern infrared LEDs offer advanced image enhancement which are more reliable and long lasting. The integration of IR LED with CCTV cameras offers wide range of emission angle, increased optical output and near-field visibility applications.

The automotive industry is witnessing rapid innovation in the field of infotainment, safety systems, telematics, advanced driver assistance systems (ADAS) and autonomous driving. These technologies actively involve the integration of IR LEDs for their operation. Furthermore, infrared systems are integrated into automobiles to improve the blind spot and night vision driving, thereby supporting the global infrared LED market growth in the automobile segment.

The infrared LED industry is highly diversified and competitive owing to the presence of large number of regional and international vendors globally. Some of the major factors driving the industry growth in Asia Pacific region is the presence of large number of LED manufacturers in countries such as Japan, China and Taiwan. Prominent industry participants are Epistar, Osram, Everlight, Vishay, Nichia and Philips. The companies are primarily focusing on new product development in order to retain their market share. For instance, in June 2017, Osram launched the smallest side-looking infrared LED which has wavelength of 850 nm which is used for eye tracking applications in virtual reality (VR) and augmented reality (AR) headsets. Both AR and VR systems react to the eye and head movement making the infrared LED as the critical component of the headset designs.

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