Cooking Hood Market - Rising Trends, Analysis With Top Key Players 2019 – 2027

• The global cooking hood market was valued at US$ 4,952.9 Mn in 2019 and is expected to grow at a CAGR of 4.7% from 2019 to 2027. Increasing expenditure on household appliances and increasing awareness about indoor health and hygiene are also expected to boost the global market of cooking hood in the near future.
• Europe holds a major share of the global cooking hood market, followed by North America. Awareness about overall safety, sanitation, and hygiene among consumers and food service center owners has propelled the demand for cooking hood in these regions.
• The cooking hood market in Asia Pacific is likely to expand at a notable growth rate during the forecast period, due to expansion of the catering industry and strong product innovation among cooking hood manufacturers in the region.

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Driving Factors

• Cooking hood is primarily preferred by the hotel industry, restaurants, and other food service establishments to wash glassware, pots, dishes, and utensils that are utilized to prepare or serve food.
• Rise in the number of hotels, restaurants, and cafes is a major factor driving the cooking hood market.
• Additionally, standards enacted by governments and various associations regarding cleanliness and hygiene are key factors boosting the attractiveness of cooking hood among consumers.
• Modern cooking hood contains upgraded technology and sensors, which offers several features that make cooking more convenient. Expansion of the cooking hood market in emerging economies due to rising income and changing consumer preference toward e-commerce are driving the business expansion of cooking hood manufacturers, which in turn is boosting the cooking hood market.

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Automotive VVT System Market Progresses for Huge Profits During 2018 – 2026

The global automotive VVT system market is expected to expand at a CAGR of nearly 4% between 2018 and 2026, according to a new research report by Transparency Market Research (TMR). According to the report, the global market is expected to be influenced by a range of economic, technical, political, social, and industry-specific factors. Latin America is likely to witness an increase in demand for VVT systems, with the market in the region anticipated to expand at a CAGR of 5% during the forecast period. The primary reason for the same is the recent rise in production of passenger and commercial vehicles in counties of Latin America. Latin America is likely to be less hampered by battery electric vehicles, as the adoption of BEVs is not prominent in the region.

Around 28% of the total global emission of greenhouse gas is contributed by the transportation industry. This emission leads to the increase of respiratory disorders among individuals. Global bodies have enacted stringent carbon emission norms on vehicle emission to avoid such cases of deteriorating human health, lower the carbon emitted by vehicles, and enhance IC engine life.

VVT systems help vehicles comply with such norms and hence, is expected to propel the overall automotive VVT system market. Development of battery electric vehicles is a cause of rising global carbon footprint, which is expected to hamper the IC engine vehicles market during the forecast period. Thus, it is likely to impact the demand for VVT systems. China 5 and Euro 5 standards are similar in context of the norms to moderate vehicle emission.

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New vehicles sold through January 2017 were implemented with China 5 standard for gasoline engine, and it is expected to apply to diesel engines since January 2018. China certified real-driving emissions inspection model based on the EU RDE guidelines with a few improvements. The VVT system helps an engine to incorporate such alterations in order to fulfil the norms.

The automotive VVT system market can be segmented based on valve train, fuel type, system, number of valves, valve actuation type, technology, methods, sales channel, vehicle type, and geography. The DOHC valve train system segment is anticipated to lead the market by the end of forecast period. It is expected to expand at a CAGR of 4% and in terms of revenue, the segment is expected to reach US$ 34 Bn by 2026. The gasoline fuel segment held a prominent share, and its market share is estimated to reach 81% of the market by 2026. This is due to the lowered carbon emission from gasoline engine vehicles.

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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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