Asset Tracking and Inventory Management Solutions Market by Type, Application, & by Region – Trends and Forecast to 2026

According to a new market report pertaining to the asset tracking and inventory management solutions market, published by Transparency Market Research , the global asset tracking and inventory management solutions market is expected to reach US$ 30.59 Bn by 2026, expanding at a CAGR of 12.9% from 2018 to 2026. According to the report study, the global market is expected to be influenced by a wide range of macroeconomic and industry-specific factors. Growing demand by businesses to optimize product lifecycle management is anticipated to significantly drive the asset tracking and inventory management solutions market across the globe.

In the global asset tracking and inventory management solutions market, increasing adoption of asset tracking and inventory management solutions by industries present in Asia Pacific and the Middle East is the major factor driving the market. Moreover, retail industry globally is experiencing substantial advancements. Demand for asset tracking and inventory management solutions are due to various factors such as high return on investment, cost saving, and reduced search time in case of misplaced assets.

Companies are incorporating advanced asset tracking solutions to gather accurate and real-time inventory data. Furthermore, growth in the e-commerce industry coupled with quick delivery of goods is anticipated to create profitable market opportunity for asset tracking and inventory management solutions. Rising penetration of asset tracking and inventory management systems in small and medium enterprises (SMEs) is anticipated to further enhance the adoption of asset tracking and inventory management solutions.

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The global asset tracking and inventory management solutions market is broadly segmented by component, application, and industry. According to the study, the hardware segment of the global market held the maximum share and is expected to show a CAGR of above 12.9% through 2026. Hardware revenue contribution is mainly due to significant deployment of inventory management and asset tracking solutionsby businesses due to increasing demand for proper inventory management needs.However, the software segment is expectedto contribute significantly over the forecast period.

However, significant proliferation of software systems in the near future is likely to create a lucrative market for asset tracking and inventory management solutions, and hence the segment is expected to expand with the highest CAGR during the forecast period.In terms of end-user, retail segment is anticipated to contribute substantial market revenue share and is expected to remain dominant throughout the forecast period.

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The Digital Future of Supply Chain Management Solutions Market | NextGen Transformation

According to a new market report published by Transparency Market Research, the global supply chain management solutions (software and services) market is expected to reach a value of US$ 32,908.2 Mn by 2026 on account of exponential growth in supply chain management solutions (software and services) modules. The market is projected to expand at a CAGR of 11.2% during the forecast period from 2018 to 2026.

The expansion is attributed to rising demand for advanced supply chain management solutions (software and services) in industries and increasing adoption of on-premise deployment models to offer the finest services to the clients. In the supply chain management solutions (software and services) market, North America is anticipated to be a rapidly expanding region, followed by Asia Pacific, Europe, Middle East & Africa, and South America during the forecast period. Further, the supply chain management solutions (software and services) market is at an emerging stage and is anticipated to expand rapidly during the coming years. 

Exponential Expansion in E-Commerce Industry is driving the Global Supply Chain Management Solutions (Software and Services) Market

Expansion in the e-commerce industry along with rapid delivery of goods in order to gain competitive advantage have led to high demand for supply chain management solutions (software and services) systems. This, in turn, offers opportunities for key vendors to develop solutions focusing on the retail or e-commerce industries. For instance, Vinculum Solutions, an India based company, focuses on delivering solutions (Vin e-Retail WMS) and products specific to the retail industry.

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The company’s solutions support easy order delivery; last mile delivery; and integration with manufacturers, logistics companies, and web stores such as Amazon, Flipkart, eBay, Lazada, and Snapdeal. Online sales channels are becoming more complex and are encouraging manufacturing businesses to adopt supply chain management solutions (software and services) software. This is expected to propel the supply chain management solutions (software and services) market in the coming years. Emergence of e-commerce has led to rise in adoption of supply chain management solutions (software and services) solutions. The e-commerce industry is offering new opportunities to companies such as FedEx in the area of logistics.

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Robot Operating System (ROS) Market to Expand At 8.8% of CAGR Due To Its User Friendly Nature

The global robot operating system market is anticipated to grow at an exponential rate, according to a report by Transparency Market Research. Top six vendors in the market are ABB Ltd., Clearpath Robotics, Omron Adept Technologies Inc, iRobot Corporation, Kuka AG, and Stanley Innovation, who are continuously investing in research and development activities, thus balancing the supply-demand chain. Companies like ABB and Faunc Corporation are looking forward to invest more on research and innovation, in order to make quality robots and a better ROS. These organizations are expanding geographical footprints by collaborating or acquiring local company in order to reach to the target customers. These expansion of these major players are providing a lucrative demand for ROS market.

It is anticipated that the healthcare industry to boost the growth of the ROI market under the commercial and industrial sectors. Healthcare sector is expected to push the growth of the market. Geographically, Asia Pacific has shown an impressive growth in robots, both in volume and robots.

Countries such as Japan, Thailand, and The republic of Korea manufacturing commercial and industrial robots both in high volume and is expected to show in years to come. The global robot operating system is anticipated to rise with a CAGR of 8.8% during the forecast period which is from 2018 to 2026. During this period the market is envisaged to reach US$402.7 mn.

Rise In Funds for Research and Developments, Promotes the Market Growth

Factors such as adoption and funding in research and development activities is expected to drive the global ROS market. Rise in need of hardware and software which are easily adopted in research work and at considerable low amount is trying to boost the growth of the market. ROS helps in reducing the complexities of while developing robotics projects.

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Other factors such as the increase in speed during the software development process by ROS is considered as one of the major reason behind the upswing of the market. These days, healthcare facilities are showing interest in robotics, by bringing robots in operation theatre. Robots have already gained the trust of patients and doctors, and is expected to continue growing in future.

Customized Robots Makes the Demand Grow For the Market

Commercial robots have seen a surge in the inflow of funds, in order to develop a user-friendly operating system.  The ROS market is witnessing a surge in installation and deployment of commercial and industrial robots throughout the world, is pushing the market growth during the forecast period. It is anticipated due to these factors, that there will be more than 1.9 million of robots all around the world, due to its flexibility and user friendly nature.  The market is known to see a rise in the demand for customized order. Robot making organization can easily pull out the required code from the web and can provide with the customized robots or ROS.

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Aerospace and Defense Fuel Market Strategic Alliances, New Product Developments, Research and Developments

With the growing demand for surveillance aircrafts and pilot training in the military and civil applications, the global aerospace and defense fuel market is anticipated to tread along a healthy growth track over the forthcoming years. Recovery from the economic downturn and the increasing production capacities of the majority of key aircraft manufacturers are also working in favor of the growth of the market. Stringent government regulations and rising concerns regarding carbon emissions are promoting the replacement of older aircrafts with new models that ensure fuel savings and cut down overall emissions. This is likely to augment the market.

This research report provides a comprehensive overview of the various critical aspects of the global aerospace and defense fuel market. It presents a detailed description of the factors, including drivers, restraints, and opportunities, impacting the growth of the market. It offers insights into the statistics pertaining to the market at both regional and global levels. It takes historic and current scenario into account to estimate future trends of the market. It extensively covers Porter’s five force analysis and market attractiveness analysis that are useful in deriving the competitive landscape of the market. It also profiles prominent players in the global aerospace and defense fuel market along with their business strategies, revenue generation, market shares, latest development, and contact information.

Global Aerospace and Defense Fuel Market: Drivers and Restraints

Over the past few, the air traffic worldwide has increased considerably, thanks to the rising disposable income and increasing trade activities across the globe. This has created a strong demand for aerospace fuel, which is propelling the global aerospace and defense fuel market. Moreover, the growing security concerns globally and the changing nature of warfare are encouraging the development of defense aircrafts and unmanned drones. This is poised to trigger the demand for aerospace and defense fuel. The increasing ownership of helicopters and private jets is another factor fuelling the market.

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On the other hand, the high prices of oil and jet kerosene are challenging the growth of the market. Furthermore, the cancellations of defense programs along with the delays of major weapon programs are adversely affecting the growth of the aerospace and defense fuel market. However, the rising investments by governments and other organizations in defense programs are likely to augur well for the growth of the market. Emerging countries such as India, Brazil, and China offer ample growth opportunities for the market owing to the growing demand for aircrafts.

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Perimeter Security Systems and Solutions Market – Advanced Technologies & Growth Opportunities in Industry By 2024

Perimeter security refers to an integrated system that helps in physical security of a facility as well as provides protection against unauthorized physical intrusions. It includes technologies such as video surveillance systems, access control systems, notification and communication systems, and intrusion detection. In the recent times, owing to technological advancements, security systems also deploy infrared, microwave, radar, and seismic sensors, which has further added to the robustness of these systems. With growing demand to ensure protection from all types of malicious activities and to check the movements of authorized personals, the global market for perimeter security systems and solutions is projected for healthy growth rate during the forecast period of 2016 to 2024.

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This report on global perimeter security systems and solutions market is a thorough study of the market in its current condition, and based on an in-depth analysis of all the factors that may impact the demand in the recent future, it estimates the future state of the market until 2024. It also highlights some of the latest trends of the market in order to help the existing and new players in making most of the new opportunities. Among the key features of the report is the chapter on company profiles, wherein a number of leading vendors have been analyzed for their market share, competitors, products, pricing and margin, and recent strategic developments such as mergers and acquisitions, collaborations, and investments for the development of new products and technologies. The global perimeter security systems and solutions can be segmented on the basis of application, into video surveillance systems, system integration consultancy, and commercial and transportation facilities.

Global Perimeter Security Systems and Solutions Market: Drivers and Restraints

Some of primary factors driving this market include constant risk of terrorism, increasing criminal activities, illegal immigration concerns, and anti-government protests. Several governments across the world have employed regulations to increase safety at respective facilities and are offering subsidies for the adoption of new technology. The need to reduce manpower is another prominent factor helping the expansion of the market. These perimeter security systems and solutions not only work constantly, the automated processes help in reducing the number of manual check-posts. End-use industries such as oil and petrochemical, power stations, and hazardous industries are expected to extend the demand in the near future. Conversely, economic slowdown and high cost of these systems are expected to hinder the growth rate of the market during the forecast period.

Some of the prominent companies in the global market for perimeter security systems and solutions are Honeywell international Inc., Senstar, Xtralis, Cias, Fiber sensys Inc, Southwest microwave Inc, Tyco systems, Puretech systems, Rbtec perimeter security systems, United technologies corporation, Schneider electric se, Av tech, Cnb technology, Flir systems Inc., Advanced perimeter systems ltd, Kodicom, Actividentity, Fst21, Abs consulting, Cyberark, Breifcam, Door king Inc, and Fiber sensys Inc.

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Aircraft Battery Market is Set to Garner Staggering Revenues by 2025

A battery is a device containing single or multiple cells that convert chemical energy into electrical energy. An aircraft has a main battery and auxiliary power unit (APU) battery. The main battery activates the aircraft even before the aircraft engine has started. Main batteries are also used in refueling the plane. The main battery provides backup power to the aircraft in case of emergency power failure. Aircraft batteries help to power the electrical system in an aircraft. When the APU or engine starts, they drive the aircraft generator which power the aircraft’s electrical system and also recharges the aircraft batteries. APU also acts as redundancies in case of emergency power failure. Lithium ion batteries are used in main and APU batteries. These batteries are made of eight cells that produce ~32-V DC. Lithium ion batteries contain redundancies that help the aircraft to fly even in case of battery fault.

Rising demand for lithium ion based battery compared to nickel cadmium batteries are increasing the market size of the global aircraft battery market. For instance, aircraft manufacturer Boeing has selected 787 Lithium ion batteries for both main and APU batteries. This is expected to increase the demand for Lithium ion batteries that further drives the aircraft battery market. Nickel cadmium batteries are larger and heavier and less efficient than Lithium ion batteries.

Rising demand for military aircraft batteries are also driving the size of the aircraft battery market. With rise in demand for highly sophisticated aircrafts for defense forces, there is a need for advanced, light weight batteries for aircrafts. This is subsequently driving the demand for light weight aircraft batteries and increasing the market size of the global aircraft battery market.

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In terms of type, the global aircraft battery market has been segmented into Lithium based battery, Nickel based battery, and Lead acid battery. Lithium based batteries are also known as secondary batteries and can be recharged. Lithium battery cells consist of a graphite anode and a cathode that can accept and release lithium ion repeatedly for battery recharging.

Nickel based batteries are of two types: Nickel Cadmium based battery and Nickel Metal Hydride. Nickel Cadmium batteries consists of cadmium hydroxide anode and nickel hydroxide cathode. Nickel Cadmium batteries are used in the main battery of the aircraft and other applications. Lead acid battery consists of lead oxide anode and element lead cathode. By application, the aircraft battery market is fragmented into engine operation, hydraulic operation, navigation, and lighting among others.

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Global Hydrolysis Stable Polyester Films Market Growth (Status and Outlook) 2019-2024

Polyester films are produced from polyethylene terephthalate resins and are also known as Polyethylene Terephthalate (PET) films. Hydrolysis is a phenomenon of the chemical breakdown of a compound upon contact with water. In polyester films, the water breaks down the polyester into alcohol and acid groups. Hydrolysis stable polyester films are a type of polyester films that do not chemically break down when they come in contact with water. Hydrolysis stable polyester films are essential to prevent the packaged product against hydrolysis. Hydrolysis stable polyester films can be used as outer as well as an inner layers in packaging material.

Hydrolysis stable polyester films are preferred due to their high barrier properties, high tensile strength and easy printability. The easy printability provided by hydrolysis stable polyester films makes them an ideal tool for advertisement for manufacturers. Moreover, hydrolysis stable polyester films provide excellent properties in high-humidity and high-temperature conditions. Hydrolysis stable polyester films, because of their enhanced properties, are also used to laminate photovoltaic or solar cells. Hydrolysis stable polyester films are used in multi-layers for various packaging and industrial purposes.

Hydrolysis Stable Polyester Films Market: Dynamics

The hydrolysis stable polyester films market is expected to witness significant growth owing to the increased demand for water-resistant packaging in the packaging industry. The growth of the packaging industry is expected to fuel the growth of the hydrolysis stable polyester films market. The need for better-packaged products is also expected to contribute to the growth of the hydrolysis stable polyester films market. The growth of end-user industries such as food and beverages is expected to boost the global hydrolysis stable polyester films market. Moreover, the increased penetration of e-commerce is expected to drive the hydrolysis stable polyester films market.

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However, problems associated with the biodegradation of hydrolysis stable polyester films is one of the factors restraining the growth of the global hydrolysis stable polyester films market because of the growing regulations and concerns regarding the usage of environmentally friendly plastic. Some of the key players in the global hydrolysis stable polyester films market are relying on acquisitions to increase their market share. For instance, in 2018, Mitsubishi Chemical Holdings Limited completed the acquisition of ABC Plastindo and Piper Plastics, Inc.

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