Discovering New Outlay of Marking Devices Market 2027

• Marking devices are used to reveal an image at the bottom of a product such as date and number stamp, serial number, and inspection stamp through various methods such as laser, burn, inkjet, chemical, thermal transfer, and rotary pad printing
• Marking machines are used to draw images on materials such as alloys, black paper, ceramic, ebony, polymers, glass, leather, polycarbonate, metals, plastics, precious stones, rubber, silicon, textiles, and wood.
• Marking devices provide faster, accurate, and permanent marking solutions for metals and non-metal units. Several sectors use a marking device to mark component labeling, serial number, barcodes, date codes, and individual part numbers.
• The global marking devices market is projected to expand at a rapid pace during the forecast period due to increasing demand for marking devices from different industries active in the medical and automotive sector.

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Global Marking Devices Market: Key Drivers

• Increasing government regulations for UDI (Unique Device Identification) so that identification tasks become important for manufactures is the major factor projected to propel the market growth in the next few years.
• Rise in demand for laser marking devices is expected to fuel the growth of the marking devices market globally. Laser marking devices mark serial numbers on an object by using laser beams, which makes the challenging task of marking on medical devices, easier. Thus, laser marking devices are widely used for as marking on medical devices.
• Furthermore, rising demand for marking devices from aerospace, packaging, electronics, automotive, and other industries to mark component labeling, serial numbers, barcodes, date codes, and individual part numbers is expected to fuel the demand for marking devices.

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Soil Monitoring Machine Market Will Witness Substantial Growth with Top Key Players

• The soil monitoring machine market is expected to experience increasing growth in the coming years owing to its rising use in different industries such as construction and agriculture. Soil monitoring has become increasingly crucial over the past few years. Several environmental factors such as dwindling water resources, climate change, and threatened habitats are driving the need to monitor the environment quality and implement policies or provide solutions according to the challenges.
• Soil monitoring machines have a wide range of applications and are expected to grow at a significant rate with increasing construction and mining activities across the globe. Growing preference for modern techniques in agriculture also supports the soil monitoring machine market.

Key Drivers of the Global Soil Monitoring Machine Market

• Before any construction activity, engineers analyze some quality parameters of the soil to check its ability to support the building or any other construction. Hence, soil testing plays a very important role in construction and infrastructural activities. Growing number of construction and infrastructure activities in several emerging economies due to rising urbanization and industrialization is anticipated to improve the demand for soil monitoring machines across the globe.
• Farmers prefer soil testing methods which help them to choose remedial actions in agricultural fields to improve soil nutrient levels. Soil monitoring machines provide added benefits in terms of convenience and rapid results. This factor is also anticipated to encourage the demand for soil monitoring machines during the forecast period.
• Increasing demand for mobile soil testing machines due to its convenience and cost effectiveness is also expected to surge the growth in the global market.

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Emerging Countries Anticipated to Create Attractive Opportunities for Soil Monitoring Machines

• Surge in development rate across emerging economies in Asia Pacific and Middle East & Africa owing to increasing number of industries and significant population growth is boosting activities in construction and infrastructure. This factor is anticipated to surge the demand for soil monitoring machines in these regions which will create lucrative opportunity for soil monitoring machine manufacturers to expand their business in the coming years.

Lack of Product Awareness in Developing Countries Anticipated to Hamper the Market

• Lack of knowledge and benefits about soil monitoring machines, and poor technological development in several developing countries is expected to create hindrance in business expansion for product manufacturers in the near future. However, manufacturers are adopting different marketing strategies to increase their customer base across different regions.

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Hotels Market Growth, Sales and Revenue Analysis 2019-2027

Transparency Market Research delivers key insights on the global hotels market. In terms of revenue, the global hotels market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the global hotels market report.

In this market report, TMR predicts that, undisrupted growth of the travel & tourism industry, particularly business-associated travels, would significantly influence the expansion of the hotels market, worldwide. Moreover, increase in the number of international events and festivals has also fueled the growth of global travel and hospitality industry. In addition to the travel & tourism industry, the hotels market is anticipated to be influenced by technological advancements. Amalgamation of technologies such as IoT and data science in hotels has provided hotels with noteworthy benefits of improved security and experience.

Despite the booming tourism sector, the hotels industry is susceptible to certain factors that could hinder its growth in the near future. The growing trend of shared accommodation services is one of the major factors that is likely to impede the growth of the hotels market during the forecast period. Shared accommodation services facilitate personalized experience at relatively lower cost, and for the hotels to provide their customers with a similar experience at such a competitive price is exceptionally challenging.

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It is anticipated that, in the near future, hoteliers would enter the shared accommodation business. By adopting shared rental services, hoteliers would not only positively mitigate the threat from the growing homestay segment but also gain the opportunity to diversify their earning sources.

According to the report, the midscale price segment that includes both, midscale as well as upper midscale hotel properties, is estimated to acquire the large market share and grow at a rapid rate during the forecast period. The growth of the midscale segment can be attributed to the development of more midscale and upper midscale hotel properties, and the ability of this category of hotels to facilitate enhanced services at competitive prices. For instance, in April 2019, RLH Corporation announced its plans to add new midscale and upper midscale hotels to its portfolio in order to strengthen its position in the global hotels market.

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Industrial Gear Market Sales and Demand Forecast

The Europe industrial gears market features a high concentration of domestic as well as international players, operating amidst intense competition to win a greater portion of the pie, observes Transparency Market Research (TMR) in a recent report. The high capital requirement for setting up industrial gears designing and manufacturing facilities has kept the threat of new entrants low in the market. As a result, companies can expect to witness a medium-level impact of the possibility of new entrants making competition more intense in the near future.

Innovations in gear design could help develop a vast set of new opportunities in the Europe industrial gear market and companies are suggested to focus on designing gears that are likely to produce less noise, heat, and have improved workable lifecycle. Some of the market’s notable vendors are Siemens AG, Klingelnberg GmbH, Precipart Corporation, RenoldPlc, Bonfiglioli Riduttori S.P.A., and BMT International S.A.

In terms of gear types, the segment of helical gears accounted for the most significant share in market’s overall revenues, an estimated 12.4% in 2015, but is expected to decline over the forecast period owing to issues such as the production of excessive heat and low efficiency as compared to other gears. Geographically, the market for industrial gears in Germany contributes the most significant share in the Europe industrial gears market’s revenues, thanks to a large number of industries and a steadily expanding manufacturing sector.

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High Demand in Manufacturing Industries Key to Market Growth

The industrial gear market in Europe is primarily driven by the steadying manufacturing sectors like automotive, steel, plastic, paper, and cement post the recent economic turmoil of 2008-2009. Existing industries are upgrading old gears with newer ones and new industries are incorporating industrial gears for various operations, collectively escalating the demand for industrial gears in the region.

Factors such as higher loading capacity as compared to domestic gears, efficiency, and reliability are the key benefits of industrial gears that fuel their consumption in manufacturing industries. Moreover, expansion of the manufacturing sector will have a higher impact during the forecast period in Europe.

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Apache Spark Market to register significant gains over 2020-2025

Apache Spark is an open source processing engine used for faster performance, ease of use and sophisticated analytics. Apache Spark can collectively process huge amount of data present in clusters over multiple nodes. Parallel processing framework of Apache Spark enables users to run large scale data analytics applications. It supports in-memory processing boosting the performance of applications based on big data analytics; however, it can also perform disk-based processing when available system memory is unable to store the data sets.

Spark has evolved as an effective alternative for Hadoop. Its speed of processing is high compared to Hadoop as a result of its bottom-up engineering. Its popularity has increased recently for on-disk sorting, involving large data sets. Easy-to-use application program interface (API) is developed to handle large amount of data. It includes multiple operators for manipulating semi-structured data by revamping all the information and familiar data APIs. At the heart of Apache Spark is a unified engine, it includes support for SQL queries, higher-level libraries, machine learning, streaming data and graph processing.

Also, these libraries can be combined seamlessly to create complex workflows. Apache Spark can be deployed in the cloud on the Amazon Elastic Compute Cloud (EC2) service or as a standalone application. Due to its advanced features and functionality, popularity of Apache Spark has increased within the developers, integrators and end-users. It supports multiple languages so that the developers can write applications in Java, Python, Scala or R, further increasing the popularity of Apache Spark.

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Furthermore, adoption and deployment of Spark has been faster as it came on the back of Hadoop. It integrates seamlessly with Hadoop data sources such as Hadoop distributed file system (HDFS), Hive, HBase and Cassandra and Hadoop ecosystem. Spark has matured and it has become a mainstream solution at a perfect time when Internet of Things (IoT) devices are proliferating in the market. IoT devices are anticipated to drive the Apache Spark market during the coming years as the need for processing large data sets is expected to increase.

Apache Spark supports advanced analytics such as streaming data, machine learning (ML), SQL queries and graph algorithms. These four components also form the core of Apache Spark. Full recovery from faults and failures is possible as the objects are stored in resilient distributed datasets (RDD). Real-time queries are enabled with the help of Apache Spark, increasing the efficiency of the data processing system. Spark clearly differentiates between importing data and distributed computation.

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Asset Tracking and Inventory Management Solutions Market Trends, Opportunities 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.

Growth of inventory management and asset tracking solutions in the retail sector is driving the global asset tracking and inventory management solutions market

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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Asset Tracking and Inventory Management Solutions Market: Scope of the Report

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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Augmented Reality Automotive Market Regional Outlook, Competitive Strategies and Forecasts to 2025

In recent years, relentless research and constant development activities in autonomous vehicle systems have spurred the demand for augmented reality (AR) technologies world over. The vastly rising demand for AR technologies in the automotive sector rides on the back of the evolution of augmented-reality head-mounted displays.

These automotive head-up display (HUDs) are considered to take AR technology to the next levels, with a growing number of vehicles installing them to boost drivers’ safety. HUDs are equipped with transparent display screens and notably offer drivers guidance on the path and directions without needing them to alter their line of sight, thereby bolstering the comfort and safety of drivers.

In recent years, HUDs as next-generation automotive AR technologies have gained traction in high-premium cars and provide information on varied aspects of the vehicles, such as the speed of the vehicle, fuel status, driving direction, improving the visibility in inclement weather. In the coming years the AR technologies used in vehicles to up the comfort factor of passengers will witness marked advances. For instance, HUDs will be replaced by augmented reality displays at windows, which notable will provide them with more intuitive and immersive experience, such as in entertainment.

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Recent advances into display glass technology has increasingly benefitted the augmented reality automotive market. The rising demand for advanced driving assistance systems among consumers in developed and developing regions, combined with their increasing integration into the modern vehicles by OEMs, is significantly boosting the market. In addition, the adoption of in-vehicle safety features and anti-collision technologies is a notable factor catalyzing the growth of the market.

Furthermore, the recent advancements in various sensor technologies is boosting the market. The increasing focus of prominent car makers to include fully autonomous vehicle technologies in cost-effective manner is expected to bolster the demand for augmented reality in the automotive sector.

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