Tapping Sleeves Market to Record an Exponential CAGR by 2026

According to a new market report published by Transparency Market Research titled “Tapping Sleeves Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 - 2026,” the global tapping sleeves market is expected to reach a value of US$ 2,975 Mn by 2026. In terms of value, the market is estimated to expand at a CAGR of 5.2% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 1,815 thousand units in 2017. The Asia Pacific tapping sleeves market is projected to have the highest growth during the forecast period. The market witnessed considerable growth due to increased demand for pipelines for diverse applications.

The tapping sleeves market is influenced by market dynamics with the prime driving factor of increasing pipeline network in water distribution especially in developing countries. Out of the global network of pipelines, the U.S. stands at first position in terms of kilometers. These pipelines majorly transport fluids such as crude and petroleum products, natural gas, water, and sewage water.

On the other hand, one of the main challenging factors affecting this industry is the concentration of local players from the unorganized markets, especially in Asian countries. However, the tapping sleeves market is expected to provide opportunity to players who are catering to wastewater application as countries are increasingly focusing on sewage infrastructure.

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In 2017, based on materials, the steel segment accounted for market value of about US$ 1212 Mn in the global tapping sleeves market. This is because steel material ensures extra safety for larger diameter pipes and is hence used in this region due to major applications which require pipe reinforcement. In terms of segment, globally, 21-30 inches range of tapping sleeves is expected to expand at the highest CAGR of about 6.1% in terms of value.

As natural gas usage is improving, installation of lower diameter pipelines are rising, leading to increased sales of tapping sleeves. Additionally, transportation pipeline networks consisting of gathering systems use low pressure and small diameter pipelines. These factors are expected to showcase growth potential to tapping sleeves of 21-30 inches range. In terms of fluid motion, the liquid segment is anticipated to expand at a CAGR of about 5.8% in terms of value. Freshwater availability is expected to be strained with rising population explosion coupled with severe water stress.

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Medical Baby Monitoring Devices Market - A Latest Research Report to Share Market Insights and Dynamics

Transparency Market Research has published a new market research report titled ‘Medical Baby Monitoring Devices Market (Product Type: Video Monitor (Breathing Monitor, Movement Monitor), Audio Monitor (Breathing Monitor, Movement Monitor), Others (Sleep Tracker, Wall Mountable Stand); Connectivity: Wireless, Wired; Hardware: Camera (Room Temperature Sensor Camera, Motion & Sound Detection, Temperature & Motion Detection), Sensors (Under the Mattress, Diaper Attachment, Smart Wearable, Others (Camera Sensing, Non-wearable); Application: Hospital Care, Residential, Nursery) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026.’ According to the report, the global medical baby monitoring devices market is anticipated to reach US$ 1,577.2 Mn by 2026. The market is expected to expand at a CAGR of 6.0% from 2018 to 2026.

Based on product type, the medical baby monitoring devices market has been classified into video monitor (breathing monitor, movement monitor), audio monitor (breathing monitor, movement monitor), and others (sleep tracker, wall mountable stand). Demand for video movement monitors are expected to expand at a faster rate in the near future.

Increase in usage of smart baby monitors is projected to boost demand for baby monitors. In addition, rise in number of employed parents and increase in disposable income are key factors projected to fuel the growth of the medical baby monitoring devices market during the forecast period.

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In terms of connectivity, the medical baby monitoring devices market has been divided into wireless and wired. Due to increase in usage of wireless baby monitors, its market is expected to expand at a CAGR of 6.0% (2018-26). Parents are increasingly using video monitors with wireless connectivity network. This segment accounted for about 85% of the total medical baby monitoring devices market.

On the basis of hardware, the baby monitoring devices market has been divided into camera and sensors. Camera is a major hardware used in the global medical baby monitoring devices market. Usage of motion and sound detection cameras will rapidly increase in the near future, because the monitoring can be done even with basic cameras. In terms of application, the market is bifurcated into residential, hospital, and nursery. Residential segment is projected to expand at a CAGR of 6.3% (2018-26) during the forecast period.

Based on geography, the baby monitoring devices market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is a dominant region of the medical baby monitoring devices market. The market in the region is projected to expand at a gradual CAGR of 6.8% (2018-26) in terms of value.

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Ultra-Wideband (UWB) Market 2019 Rising Growth, Recent Trends & Forecast to 2024

Ultra wide band (UWB) is the radio technology that is used for conducting large quantity of digital data over a wide-ranging scale of frequency bands with very low power for a short distance. While in acting in the same frequency band, ultra wideband do not get distracted by carrier wave transmission as well as conventional narrowband. It carries a property to transmit the enormous amount of data up to 230 feet at the very low power which range less than 0.5 MW. Ultra wide band (UWB) is usually compared with other short distance wireless technology such as Bluetooth as well as with long distance wireless technology that is Wi-Fi.

Ultra-Wideband (UWB) Market: Market Dynamics and Restraints

Majorly, due to the growth in healthcare and retail sector is directly driving the market of Ultra-wideband (UWB) market globally. The key factor that lifts the market growth of Ultra-wideband (UWB) worldwide is its capacity to track assets with accuracy. It is one the fastest-growing technology which withholds enormous market growth prospect. Indoor location tracking is encountered as a dominating application among other applications.

Ultra-Wideband (UWB) technology offers its benefits to the varied range of domain ranging from healthcare to defense. Another prime form is ultra wideband (UWB) technology based real-time location system (RTLS) or wireless sensor network solution. It is emerged as an excellent replacement of wireless fidelity (Wi-Fi) or radio frequency identification (RFID), as it has better potential to locate or track the precise location of any objects, which is difficult to track using above mentioned technologies due to difficulty concrete wall.

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Although demand and necessity of ultra-wideband (UWB) in the healthcare, retail, and household activities can be seen significantly, factors such as low range, restricted throughput and high pricing of ultra-wideband (UWB) technology are performing as the main hindrance for the Ultra-Wideband (UWB) market growth to a certain extent.

Some of the prominent players of global Ultra-Wideband (UWB) market includes Zebra Technologies Corporation, DecaWave Ltd., Nanotron Technologies GmbH, 5D Robotics, Inc., Johanson Technology, Inc., Pulse ~LINK, Inc., Fractus Antennas S.L., TAIYO YUDEN CO., LTD., BeSpoon SAS, Alereon, Inc., and Samsung Electronics Co., Ltd. among others.

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Shop Floor Solutions (Software and Hardware) Market Technology Overview, Scope and Precise Outlook 2019 to 2026

The area in a manufacturing facility where the production or assembly takes place, performed either by workers or automated systems or a combination of both, is called the “Shop Floor.” The shop floor is responsible to bring out the solid, serviceable, and good quality products according to the required specifications. The shop floor may include storage areas, inventory, and equipment. Shop floor is the place where design provisions are mentioned, manufacturing and machinery equipment are engaged for production, and assembling of parts or processing of raw material takes place.

The shop floor is responsible for the production of the final or an intermediate product. There are plenty of processing and manufacturing industries around the world. The shop floor is an essential part of industries where the real action takes place. Presently, companies that do not implement automation are left behind, due to high competition in the manufacturing environment. User-oriented mechanization, machines, and people work hand in hand. Shop floor solutions deliver transparency, flexibility, and safety throughout the production and supply chain.

Components of the shop floor are store room, machinery, quality control, information technology, and staff. Thus, solutions are developed to implement and manage the components of the shop floor together. These components require maintenance and management for proper functioning in the industry unit.

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Shop floor solutions make use of collaborative robotics, for implementing the automation for the ease of users. Shop floor solutions provide a workplace that is intelligently connected with the robots; this increases the efficiency of the organization in the entire production and supply chain. Scalable automation systems can be implemented for the manufacturing and logistic process. All the above mentioned factors are driving the shop floor solutions market.

Additionally, automation of processes with the help of shop floor solutions in the industry reduces the workforce expense, thus making the solutions more affordable and adaptable. Usage of shop floor solutions helps in bridging the communication gap. This helps shareholders of the process inside and outside the industry to have a seamless connection, which leads to reduction of losses and wastage. The flexible communication achieved enable workers and managers to leverage technology by instant connectivity; this helps to fix issues with minimum delays.

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Software-defined Camera (SDC) Market Growth and Technology Advancement Outlook 2019 to 2027

Software-defined cameras is an upgrade of traditional cameras, which have evolved from single-data-source processing to multi-dimensional data integration and from intensive manpower management to artificial intelligence technology. A software-defined camera works on the continuous evolution and development of artificial intelligence (AI) algorithms.

Moreover, software-defined cameras with open-ended platforms provide integration capabilities to deploy AI in different security scenarios. Providers of software-defined cameras are trying to produce a wide variety of security scenarios such as situation awareness, face checkpoint, intelligent transportation surveillance (ITS), and vehicle checkpoint. Moreover, software-defined cameras have various features such as HD video capture, wired and wireless network transmission, intelligent cloud storage, and intelligent Big Data analytics.

Software-defined cameras work in accordance with situations and enable continuous algorithm upgrades, unlike traditional cameras. Moreover, with advancement in technologies and increasing competition in the market vendors are trying new technologies to develop innovative products. Software-defined cameras offer open-ended platforms and allow for integration with different deep-learning algorithms.

Furthermore, artificial intelligence provides a wide range of applications in software-defined camera (SDC) market, where with the help of AI chip the camera can support the trillion-level computing processing through neural networks, deep learning algorithms and enables to implement the target classification (motor vehicle, non-motor vehicle, pedestrian), attribute recognition (vehicle model, color and license plate).

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Increasing concerns about security, advancement in technologies, and theft issues are some of the major factors driving the global software-defined camera (SDC) market. Increasing population, rise in the incidence of criminal activities, and increasing strictness in traffic rules are also estimated to boost the demand for software-defined cameras during the forecast period.

However, certain factors such as changes in weather conditions and high initial operating and maintenance costs associated with software-defined cameras are hampering the software-defined camera (SDC) market. Moreover, difficulties in installation and a low rate of success are challenges faced by software-defined camera providers. Advancements in technologies, such as artificial intelligence, Internet of Things (IoT), and machine learning, are creating lucrative opportunities for global the software-defined camera (SDC) market. Moreover, Big Data and cloud-based technologies offer an open video surveillance platform.

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Agriculture Machine to Machine (M2M) Market Rising Trends, Technology Research and Precise Outlook 2019 to 2026

The term machine to machine (M2M) is used to describe a technology that enables connected devices to share data or information and perform actions without human assistance. An agricultural M2M is used to describe irrigation systems, vehicles, and weather stations that are linked to each other using a telecom network and core software for the analysis and delivery of instructions. Agriculture M2M is a part of growing internet of things trend, in which devices can be accessed and controlled over the network.

According to Cisco Visual Networking Index: Forecast and Trends, 2017 – 2022 whitepaper, the global internet users are expected to reach 4.8 Bn by 2022. Additionally, the number of networked devices and connections is expected to reach 28.5 Bn by 2022. This trend clearly shows the rise machine to machine (M2M) and opportunities created for various vendors. The agricultural sector requires heterogeneous production machinery, diverse process partners, and high operational machinery costs. Demand for food production is expected to increase by 70% by 2050.

Rise in energy prices, reduction of underground water levels, and loss of farmland due to rapid urbanization are increasing the pressure on the agriculture industry and individual farmers to maximize yield and revenue. However Agriculture Machine to Machine (M2M) solutions play an important role in the rapid transformation of agricultural sector towards smart farming. It is helping farmers and agriculture producers to use technologies by providing them remote connectivity between farms and information management system including monitoring, land management, food traceability and many more.

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The agriculture M2M solutions help farmers and agricultural businesses to monitor equipment, manage their livestock and crops, assess environmental impact on production and keep a track of their machinery such as tractors and harvesters. Farmers are able to take informed decisions to improve yields and increase efficiency and transparency within the agricultural value chain by employing agriculture M2M solutions. High cost of setting up and maintenance services, limited network coverage, and poor understanding of business cases restrain the agriculture machine to machine market. Agriculture M2M solutions create opportunity for mobile operators, as they are better positioned to contribute, influence, and benefit from the agriculture value chain.

Mobile operators are also exploring different options to expand their services beyond connectivity, capture bigger share of the market, and increase sustainability of their businesses. New partnerships can help in standardization of agriculture M2M services, reduce cost of deployment and integration issues, and defragment the ecosystem. Mobile operator led investment in startups, innovation hubs, and marketing campaigns is creating awareness among various users about the benefits of M2M to their agriculture operations. This, in turn, can help them invest in and use agriculture M2M solutions.

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Residential Energy Management Market In-depth Analysis And Precise Outlook- 2019 To 2023

Residential energy management solutions are cost effective and latest technology solutions designed to cater to the demand of reduction in energy consumption by residential customers. Residential energy management solutions consume less power and results in lower utility bills. Residential energy management solutions measure the energy consumption of home’s heating, cooling, lighting systems and individual appliances to uncover trends in electricity use and operate devices to get maximum savings. Consumers choose residential energy management solutions independently or at times data ownership rights and device control is assigned to third party Energy Management Service Providers (EMSPs).

Residential energy management Market is classified by communication technology as Wi-Fi, Ethernet and Home Area Networks (Z-Wave, ZigBee, Home Plug and others). Residential energy management market is segmented on the type of devices as smart meters, smart appliances, smart thermostat, load control switches, smart plugs, gateway and in-home display. On the basis of adoption of residential energy management solutions across various geographies, the market is classified as North America, Latin America, Europe, Middle-East and Africa and Asia Pacific.

Lighting controls, programmable thermostats, HVAC controllers and self-monitoring systems are the key solutions available in residential energy management market. According to U.S. Energy Information Administartion (EIA) residential sector account for 18% of total energy consumption globally, thus creating need for an energy management system.

Residential energy market is currently immature; however, with increasing importance of home automation and control, the market is anticipated to have tremendous potential due to which is expected to have significant revenue opportunities in the near future.Under residential sector space heating and cooling, water heating consumes maximum energy and thus are the most targeted areas for energy management solutions.

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Nowadays, companies which are dealing with energy consuming products or services are partnering with energy management solution providers to create new services in residential energy management sector; for instance, Comcast Corporation expanded in the residential energy space with an agreement with energy management solution provider EcoFactor, in February 2012.

In accordance with this deal, Comcast Corporation will create a new service that optimizes the heating and cooling patterns of a home and integrates with the broadband and cloud-based platform. Recently, companies such as Ecofactor, Inc., OPOWER, Inc are providing analytics capabilities with residential energy management solutions. Analytical tools identify electricity and appliances usage patterns at consumer’s premises to manage energy efficiently.

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