Safety Light Curtains Market to reach US$ 3.5 Bn by 2026

The global safety light curtains market was valued at US$ 1.50 Bn in 2016 and is projected to register compound annual growth rate (CAGR) of over 8.75% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Safety Light Curtains Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” The safety light curtains market is expected to grow significantly due to increased adoption of Industry 4.0 and rising factory accidents on a global scale.

The report suggests that the rising integration of Industry 4.0 with safety light curtains technology is expected to boost the safety light curtains market at the global level during the forecast period 2018-2026. Furthermore, leading safety light curtain technology providers are focusing on Industry 4.0 technology. For instance, in March 2017, Sick AG, a leading safety light curtain provider, discussed the importance and application of sensors in Industry 4.0 technology at the Industry 4.0 Summit in Manchester.

Additionally, safety light curtainsbased solutions are seeing significant application in manufacturing applications, which holds a significant share in the market. Prominent safety light curtain providers are focusing on R&D investments for further improvement of their current safety solution offerings. For instance, in June 2018, Omron Corporation, a safety light curtain provider collaborated with Cisco Systems G.K. to strengthen its grip in the manufacturing industry.These developmentsare expected to have a positive impact on the global safety light curtainsmarket.

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Rising number of factory accidents expected to boost the safety light curtains market

The rising number of factory accidents on a global scale are expected to boost the safety light curtain market over the forecast period. For instance, in 2017 as per a report by Bangladesh Occupational Safety, Health and Environment Foundation, approximately 1242 people lost their lives in workplace accidents in Bangladesh. Additionally, in 2017, British Safety Council, one of the world’s leading health and safety organizations stated that approximately 48,000 people die every year in India due to occupational accidents. Multiple safety measures are carried out for improving factory working safety. For instance, Sick AG, a leading safety light curtain provider launched a new Type 4 based safety light curtain named mac4 to its existing safety solution based product portfolio.

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Supercapacitor Market Adopts Innovation to Stay Competitive, 2018 – 2026

The global supercapacitor market was valued at US$ 5,979.67Mn in 2016 and is projected to register compound annual growth rate (CAGR) of over 15.24% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Supercapacitor Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” Go green revolution adopted across the globe is one of the primary factors responsible for the robust growth of the supercapacitor market globally.

Moreover, rising cost of fossil fuels and excessive carbon emissions are also expected to pave the way for alternative means of power supply across different application segments especially in automobiles and consumer electronics segments. Initiatives taken by different governments to reduce CO₂ emission and to encourage sustainable consumption are predicted to drive the supercapacitor market in the coming years. In addition, inclination of different enterprises toward producing and storing energy from renewable sources owing to extensive depletion of natural resources is also anticipated to trigger the demand for supercapacitors globally.

The global supercapacitor market is segmented on the basis of application, product, type, and geography. By application, the supercapacitor market has been bifurcated into automotive and transportation, industrial, energy, consumer electronics, and others. The others segment includes application of supercapacitors in aerospace, military, and sensor technologies. On the basis of product, the supercapacitor market is segmented into double layer supercapacitor, pseudocapacitor, and hybrid capacitor. Based on type, the market can be classified into supercapacitor module, supercapacitor weldable cells, and board mounted supercapacitor. Geographically, the supercapacitor market canbe segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America.

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Consumer electronics industry expected to hold a prominent share during the forecast period

The consumer electronics industry is anticipated to hold the highest share for the year 2018. The significant adoption of double layer supercapacitors in the consumer electronics industry owing to comparatively lower power and energy needs is anticipated to be one of the major factors affecting the consumer electronics industry for the supercapacitor market. Furthermore, prominent adoption of supercapacitors in the consumer electronics industry in Asia Pacific is likely to boost the growth of the consumer electronics industry. Board mounted cells have a higher deployment in consumer electronics. Board mounted supercapacitor segment is set to have the highest share of the market during the forecast period 2018-2026.

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PV Module Market Expected to Reach US$ 15.13 Bn by 2026

According to a new market report on the PV module market, published by Transparency Market Research, the global PV module market is expected to reach US$ 15.13 Bn by 2026, expanding at a CAGR of -7.7% from 2018 to 2026. According to the report, the global PV module market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at about -6.6% through 2026. Increasing residential use of PV module is anticipated to significantly drive the global PV module market across Middle East & Africa.

Rising cost of electricity generation and government subsidies driving the global PV module market

In the global PV module market, the rising cost of electricity generation and the subsidies offered by governments is leading to noteworthy growth in the market around the globe. Further, the global PV module market is showing significant growth in emerging regions due to increase in the crystalline silicon type manufacturing to achieve high productivity and efficiency. The rising demand and increasing consumption of solar power energy is estimated to contribute to the growth of the PV module market in the coming years. Key players in the market are continuously enhancing their research and development expertise to design advanced PV module systems required in residential, commercial, and industrial sectors.

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PV module Market: Scope of the Report 

The global PV module market is broadly segmented by type, component, mounting type, connectivity, and end-use industry. According to the research study, based on type, the crystalline silicon segment held the maximum market share and is anticipated to expand at a moderate CAGR of -7.4% through 2026. The negative CAGR is due to the fall in the prices of PV modules.

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Packaging Machinery Market Is Set For A Rapid Growth By 2026

In their latest report titled – “Packaging Machinery Market – Global Industry, Size, Share, Growth, Trends and Forecast, 2018–2026”, Transparency Market Research (TMR) delivers key insights on the consumption of variety of packaging machines used in different end uses and applications. According to TMR, the global packaging machinery market is projected to clock a CAGR of 5.8%, during 2018-26, which is attributed to several factors, on which, the report provided thorough insights and forecast. The Asia Pacific Packaging Machinery is expected to witness highest CAGR value of 7.8%, during forecast period.

A market research study on global packaging machinery market which includes market assessment of different product types i.e. Bottling Line, Cartoning Machines, Case Handling Machines, Closing Machines, Filling and Dosing Machines, Form, Fill, and Seal Machines, Labelling, Decorating, and Coding Machines, Palletizing & De-palletizing Machines, Wrapping & Bundling Machines, and Other Machinery.

TMR suggests that the increasing consumption of packaged food & beverages products is expected to be the key driving force for the growth of packaging machinery globally. Beverage producers are looking to invest in advancement of their existing production processes through sophisticated and automatic packaging machinery. Bottling line machine witness decent growth due to integration of different bottling processes in a single system. Form fill seal machines market is also expected to grow substantially due to end-users companies’ orientation towards process integration. In food & beverages segment, ready-to-eat-meals segment is expected to create highest incremental $ opportunity during the forecast period.

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Also, introduction of new packaging products is expected to generate demand for customized packaging machinery in the global market. In beverages end-use segment, non-alcoholic beverages sub-segment is expected to witness a CAGR value of 5.8%, during 2018-2026. On the basis of packaging technology, general packaging technology segment occupies the top spot due to wide range of machinery offering general packaging technologies. Some of the restraints present in the market is the availability of cheap labour in emerging market which hampers the growth in the developed countries. For eg. Chinese manufacturers incur low labour cost on their machinery production and in turn pass low prices to their customers. Manufacturers in Germany and Italy offer sophisticated and highly advanced packaging machinery at higher costs. Both of these countries are expected to dominate the space in terms of production highly advanced packaging machinery globally.

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Flexible Plastic Packaging Coating Market New Growth Opportunities By 2026

Transparency Market Research delivers key insights on the Flexible plastic packaging coating Market in its published report, titled “Global Flexible Plastic Packaging Coating Market: Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global Flexible plastic packaging coating market is estimated to expand at a CAGR of 4.0% during the forecast period about which TMR offers thorough insights and forecasts in this report.

Coatings are generally a phase in which the adhesive is applied to the medium/substrates. Plastic coatings offer consistent high quality finishes as well as provides protection for a wide range of applications. Some of the key coating types readily available in flexible packaging industry are Acrylics coating, Epoxy coating, urethane & polyurethane coating, etc.

The global market for Flexible plastic packaging coating is segmented as coating type, coating application, substrate type and end use. Acrylics, urethane & polyurethane and epoxies are some of the most commonly used coatings types used in flexible plastic packaging coatings market. On the basis of substrate type, flexible plastic packaging coatings are segmented as polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), polyamide (PA), poly vinyl chloride (PVC), polystyrene (PS), and other substrates  (cellophane, etc.).

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The low-density polyethylene (LDPE) substrate sub-segment is expected to emerge as the most accepted base material to apply packaging coatings with minimum time of adhesion and better performance. On the basis of coating applications, flexible plastic packaging coatings market comprises of decorative, protective, heat seal applications, print primer, and others applications. On the basis of end use, flexible plastic packaging coating are segmented as Food & Beverage Packaging, Pharmaceutical Packaging, Cosmetics & Personal Care Packaging, Chemical Packaging, Consumer Durables Electronic Goods (CDEG) Packaging, Automotive & Allied Packaging, and Others.

This report assesses trends driving the growth of each market segment on the global level and offers potential takeaways that prove substantially useful for other potential market entrants in the flexible plastic packaging coating market.

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Semiconductor Intellectual Property Market is expected to Reach US$ 9,437.8 Mn by 2026

According to a new market research report published by Transparency Market Research titles ‘Semiconductor Intellectual Property Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,’ the global semiconductor intellectual property market is expected to reach US$ 9,437.8 Mn by 2026. The market is anticipated to expand at a CAGR of 8.8% during the period from 2018 to 2026. Increase in demand for licensed semiconductor devices due to high competition is driving the global semiconductor intellectual property market.

Rise in demand for reduced manufacturing and design costs of semiconductor components present in end-products has resulted in the expansion of the semiconductor intellectual property market. In addition, adoption of modern system on chips (SOC) designs are driving the semiconductor intellectual property market. Moreover, rise in demand for semiconductor intellectual property to design exclusive products in the consumer electronics application is expected to drive the adoption of semiconductor intellectual property cores.

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Detection of patented technologies is considered to be difficult due to the violation encountered during licensing of technology. This factor is expected to have a high negative impact in the short term of the forecast period. This has prompted organizations to change their long-term licensing contracts to medium-term and short-term ones. These factors are anticipated to restrict the market growth during the forecast period.

The soft IP core segment held a share of 61.1% of the global semiconductor intellectual property market in 2018. This is the result of the increased adoption of soft IP cores such as net list and synthesizable cores in multiple applications to optimize the quality of used hardware. The soft IP core segment is expected to expand at a CAGR of 9.5% during the forecast period. This is due to an increase in demand for hard IP in the automotive industry. Automotive is anticipated to be a rapidly expanding segment. It is expected to expand at a CAGR of 9.8% during the forecast period. This is due to rise in demand for hard IP cores and soft IP cores from the automotive sector. Moreover, the consumer electronics segment accounted for a significant market share of approximately 42.1% in 2018.

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Smart Grid Security Market: Increased Sophistication of Cyber-attacks Driving Demand

The analysts of a fresh business and commerce study by Transparency Market Research have detected a fragmented competitive landscape in the global smart grid security market, attributing the scenario to the presence of a large number of players who are catering to regional and domestic demands. Regional players have a stronger presence in the developed countries across the world. That being said, a few international players do hold a position of strength over some of the domestic players, such as Siemens AG, Intel Corporation, Symantec Corporation, Cisco Systems, Inc, IBM Corporation, Leidos Holdings, Inc., BAE Systems Plc., Honeywell International Inc., N-Dimension Solutions Inc., and AlertEnterprise Inc. For most of key players, the primary strategy is to provide customized IT security services to their customers in a bid to stay ahead of the curve.

Smart Grid Security Market to be worth US$10.58 bn by 2025

As per the evaluations of the TMR report, the worldwide smart grid security market will be worth US$10.58 bn by the end of 2025, substantially more than its calculated revenue-potential of US$4.35 bn in 2016, exhibiting an impressive CAGR of 10.5% during the forecast period of 2017 to 2025.

In the near future, the analysts anticipate the scenario of distributed shares to sustain as well as foresee a significant increment in partnership and collaboration activities, which not only helps them add to their product portfolio and expand their geographical presence. Another area of concentration for the market players is how to logically leverage the growing field of cloud and the internet of things (IoT), as these advancements have significantly increased the vulnerability of cyber security.

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On the basis of deployment, the TMR report segments the smart grid security market into on-premise and cloud, whereas on the basis of security type, the market has been bifurcated into network security, database security, endpoint security, and application security. Application-wise, the report has gauged the potential of demand coming from smart meters, renewable energy resources, smart application, and energy efficient resources. Geographically, the TMR analysts have picked out North America are the region that currently provides for the maximum demand, accounting for 38.7% of the global demand for smart grid security in 2016. However, the demand from the region of Asia Pacific, driven by the emerging economies of China, India, Japan, and South Korea, is projected to expand at an above-average CAGR of 11.3% during the forecast period of 2017 to 2025.

Energy Needs from Urban Parts Driving Demand for Efficient Methods

Relentless escalation in the need for energy and recent advancements in the technology of power grids are two of the primary drivers of the global smart grid security market. Across the world, governments of a number of developed and developing economies are urging grid operators to utilize the latest technologies in order to meet the increasing demand as a result of urbanization and consequently the consumption of electricity. Smart grids are essentially a combination of IT with traditional grid and thereby offers stronger control over the functions in order to improve reliability. In the recent past, cloud-based smart grid applications have gained adoptability as they significantly curtail the operational costs by centralizing their resources.

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