Monday, 4 May 2020

Gesture Recognition Market - Key Opportunities & Development 2024

The global gesture recognition is consolidated due to just few players operating in the market. These few players in the market include Google, Apple, Intel, and Microsoft, elucidates an upcoming Transparency Market Research (TMR) report. These key players in the market are always at a forefront to bring in technological advancement to introduce the latest product and diversify the global gesture recognition market. The small players at regional level are also spreading their wings by attracting large companies to invest in them. 
Rising technological advancement and automation is predicted to expand the gesture recognition market. The global gesture recognition market is predicted to expand at 16.2% CAGR over the projected period 2015 to 2024. Also, the same was registered value worth US$ 11. 60bn in 2015, at this robust pace of growth the global gesture recognition market is projected to reach estimation worth US$ 48.56 bn by the end of 2024. 
On the regional front, North America is expected to dominate the global gesture recognition market. The reason for growth can be attributed to the presence of latest technology and optoelectronic companies. Asia Pacific is expected to emerge as a strong region in the future.  On the basis of segmentation, the global gesture recognition market is divided into automotive, hospitality, gaming, and consumer electronics, in terms of end users. Among these, the consumer electronics sector is projected to lead the global gesture recognition market in the following years. 
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Rising Demand for Smart Electronic Products to Boost Growth 
In the era of digitalization, there is a rising demand for smart electronic products such as Ipad, tablets, mobile phones, smart tv’s, cameras, etc. In all these applications gesture recognition is used to make them user friendly and to access them effortlessly. Thus, the upswing of electronic goods due to increasing standard of living is projected to nudge the global gesture recognition market in the future. 
Rapid urbanization is raising the demand for latest technology to upkeep the pace in automated and technologically advanced world. Ever booming travel and hotel industry may increase the demand for gesture recognition for integrating them in hand dryers, faucets, shower, and flushes.  Thus, owing to the substantial expansion of the global gesture recognition market. 
Automated Homes to Create Growth Opportunities 
Homes are getting smarter these days with advent technological advancement at a fast pace. Now, let us get into future, soon the homes are going to be completely automated. The future technology is expected to take over all home devices to be controlled by gesture recognition. Such as switching on TV, lights, music systems, etc.  Thus, the future is expected to provide lucrative opportunities for gesture recognition, owing to expansion of the global gesture recognition  market in the future. 
Moreover, gesture recognitions are used in automobile industry for blind spot recognitions, parking assistance, etc. The demand for gesture recognition sensors from automobile industry is projected to surge the global gesture recognition market in the upcoming years. Further, gaming industry and corporate sector may boost demand, imagine the day when the P C can be controlled using just and fingers. Making presentation may no longer be a tedious task in the future. Thus, the global gesture market is likely to provide lot of potential in terms of future applications. 
High cost associated with implementation of the same and unpredictability to discover the correct user may restrain the growth in the global gesture recognition market. Nonetheless, growing research and development in this field is projected to provide substantial growth opportunities in the coming years. 

Inertial Measurement Unit Market - Insights on Upcoming Trends 2022

The global inertial measurement unit market is expected to be bolstered by the rising manufacture of aircrafts on a world platform triggering the rise of the need of better navigation techniques. The requirement of equipment with greater usage ease on account of the advancement of worldwide lifestyle enabled the engagement of motion sensing technology extensively using inertial sensors. This could play a critical part in defining the market and driving its growth in the near future. Complex navigation systems equipped with inertial sensors could find an increasing demand because of the unparalleled rise in the use of unmanned automobiles across defense and civilian applications.
The global inertial measurement unit market is predicted by Transparency Market Research (TMR) to reach a valuation of US$3.6 bn by 2022 end from a US$2.6 bn achieved in 2017. During the forecast timeframe 2017–2022, a CAGR of 6.0% could be posted by the market.
Global Inertial Measurement Unit Market: Major Insights
Developed regions such as North America are anticipated to set the tone for a constructive growth in the world inertial measurement unit market. This could be due to three main factors such as the massive inflow of federal investments, aggressive advancement in the microelectromechanical systems (MEMS) technology, and towering demand for commercial aircraft. Besides this, the U.S. government support for the military prioritization on inertial measurement unit could improve the growth of North America. Developing regions such as Asia Pacific, on the other hand, could amplify the demand in the global market on the back of new entrants dealing with MEMS that increasingly focus on the manufacture of advanced technology.
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The world inertial measurement unit market is prognosticated to be classified as per four categories, i.e. product, platform, end use, and sales channel. According to product type segmentation, there could be opportunities in markets such as gyroscope, accelerometer, magnetometer, and attitude sensor. The report authors foresee the market to be dominated by gyroscopes in the product category, which is envisaged to expand at a 6.4% CAGR.
In view of platform, there could be prospects birthing in the world inertial measurement unit market from segments such as land, airborne, and naval. By end use, the market is projected to see a classification into aerospace and defense, automotive, sports, and other industries. With respect to sales channel, important markets such as direct sales, online retail, electronic component stores, and others could create opportunities for industry players.
Geographically, the world inertial measurement unit market is envisioned to be divided into Latin America, North America, Europe, Asia Pacific except Japan (APEJ), the Middle East and Africa (MEA), and Japan. Out of these regions, the market could testify the control taken over by North America as a larger segment while rising at a 6.4% CAGR.
Global Inertial Measurement Unit Market: Vendor Landscape
As per the analysis of the publication, Honeywell International, Inc., Thales Group, Northrop Grumman Corporation, Safran Electronics & Defense SAS, Rockwell Collins, Systron Donner Inertial, KVH Industries, Inc., Moog, Inc., Fairchild Semiconductor International, Inc., and Kearfott Corporation could be key companies operating in the worldwide inertial measurement unit market.

Inertial Measurement Unit Market - Insights on Scope 2022

The global inertial measurement unit market is expected to be bolstered by the rising manufacture of aircrafts on a world platform triggering the rise of the need of better navigation techniques. The requirement of equipment with greater usage ease on account of the advancement of worldwide lifestyle enabled the engagement of motion sensing technology extensively using inertial sensors. This could play a critical part in defining the market and driving its growth in the near future. Complex navigation systems equipped with inertial sensors could find an increasing demand because of the unparalleled rise in the use of unmanned automobiles across defense and civilian applications.
The global inertial measurement unit market is predicted by Transparency Market Research (TMR) to reach a valuation of US$3.6 bn by 2022 end from a US$2.6 bn achieved in 2017. During the forecast timeframe 2017–2022, a CAGR of 6.0% could be posted by the market.
Global Inertial Measurement Unit Market: Major Insights
Developed regions such as North America are anticipated to set the tone for a constructive growth in the world inertial measurement unit market. This could be due to three main factors such as the massive inflow of federal investments, aggressive advancement in the microelectromechanical systems (MEMS) technology, and towering demand for commercial aircraft. Besides this, the U.S. government support for the military prioritization on inertial measurement unit could improve the growth of North America. Developing regions such as Asia Pacific, on the other hand, could amplify the demand in the global market on the back of new entrants dealing with MEMS that increasingly focus on the manufacture of advanced technology.
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The world inertial measurement unit market is prognosticated to be classified as per four categories, i.e. product, platform, end use, and sales channel. According to product type segmentation, there could be opportunities in markets such as gyroscope, accelerometer, magnetometer, and attitude sensor. The report authors foresee the market to be dominated by gyroscopes in the product category, which is envisaged to expand at a 6.4% CAGR.
In view of platform, there could be prospects birthing in the world inertial measurement unit market from segments such as land, airborne, and naval. By end use, the market is projected to see a classification into aerospace and defense, automotive, sports, and other industries. With respect to sales channel, important markets such as direct sales, online retail, electronic component stores, and others could create opportunities for industry players.
Geographically, the world inertial measurement unit market is envisioned to be divided into Latin America, North America, Europe, Asia Pacific except Japan (APEJ), the Middle East and Africa (MEA), and Japan. Out of these regions, the market could testify the control taken over by North America as a larger segment while rising at a 6.4% CAGR.
Global Inertial Measurement Unit Market: Vendor Landscape
As per the analysis of the publication, Honeywell International, Inc., Thales Group, Northrop Grumman Corporation, Safran Electronics & Defense SAS, Rockwell Collins, Systron Donner Inertial, KVH Industries, Inc., Moog, Inc., Fairchild Semiconductor International, Inc., and Kearfott Corporation could be key companies operating in the worldwide inertial measurement unit market.

Medium-voltage Switchgear Market Insights on Emerging Scope 2026

According to a new market research report on the medium-voltage switchgear market, published by Transparency Market Research, the global medium-voltage switchgear market is expected to reach value of US$ 8,395.0 Mn by 2026, expanding at a CAGR of 6.2% from 2018 to 2026. Asia Pacific is likely to continue to lead the global market, with the market in the region expanding at a CAGR of 6.8% between 2018 and 2026.
Grid modernization to reform electricity transmission and distribution networks is driving the global medium-voltage switchgear market
From traditional electricity grids to smart grids, from power grids based on fossil fuels (such as coal and petroleum) to grids integrating renewable energy sources (such as solar and wind power), grid systems play a key role in the electricity sector. Resources such as coal and petroleum are not unlimited or renewable. The faster they are used, the quicker they would be depleted. Energy-saving methods can be attained through advancements in technology and development of new forms of power grids, while improving the production of renewable energy and reducing the emissions of greenhouse gases. Thus, increasing government initiatives for renewal of existing transmission and distribution networks along with grid modernization are expected to propel the demand for medium-voltage switchgear during the forecast period.
Medium-voltage Switchgear Market: Scope of Report
The global medium-voltage switchgear market has been broadly segmented in terms of voltage, insulation, end-use industry, and geography. In terms of voltage, the market has been classified into 3kV – 5kV, 6kV – 15kV, 17kV – 27kV, and 28kV – 40kV. Among these, the 6kV – 15kV segment accounted for a major market share around 30% in 2017. The segment is expected to expand at a significant CAGR of 6.4% during the forecast period. Based on insulation, the medium-voltage switchgear market has been divided into air-insulated switchgears, gas-insulated switchgears, and others.
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The air-insulated switchgears segment held the leading share of the market in 2017. Air-insulated switchgears are extensively used in rural areas and favorable offsite terrains, where space, climatic conditions, seismic occurrences, and environment-related concerns is not an issue. In terms of end-use industry, the market has been classified into power plants, commercial sector, oil, gas and petrochemical, utility sector, paper & pulp industry, and others. In 2017, the utility sector segment accounted for a prominent market share. The segment is estimated to expand at a significant CAGR of 5.7% during the forecast period.
Based on region, the global medium-voltage switchgear market can be segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific dominated the global medium-voltage switchgear market in 2017, with China holding a major share of the market in the region. Demand for switchgears in China is primarily driven by increasing investments in electricity transmission and distribution networks across the country, renewal of faulty and aging electricity transmission and distribution networks, and rapid electrification in rural areas of the country. The U.S. dominates the market in North America, owing to increasing usage of medium-voltage switchgears in various electrification projects in commercial and residential sectors across the country. Europe is also expected to contribute significantly to the global medium-voltage switchgear market in the next few years. The medium-voltage switchgear market in Europe is expected to expand at a CAGR of 6.3% during the forecast period.

Nano Positioning Systems Market - Insights on Challenges & Opportunities by 2025

According to a report by Transparency Market Research (TMR), a number of conspicuous players represent just about 75.0% offer in the worldwide market for nano positioning systems, making the business landscape consolidated. Physik Instrumente (PI), Aerotech, Inc., Prior Scientific Instruments, and Cedrat Technologies are the leading players in the market. In 2016, Physik Instrumente held the leading position in this market with a share of 31.1%. Over the coming years, technological advancements are likely to intensify the competition within the market, states the research study.
According to the research report, the worldwide nano positioning systems is slated to achieve an opportunity of US$264.1 mn in 2025 from US$85.4 mn in 2016 by ascending at a strong CAGR of 13.40% during the period from 2017 to 2025.
Europe to Remain Dominant
Geographically, Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America have emerged as the main regional markets for nano positioning systems across the world. Among these, Europe is leading the global market and this scenario is likely to remain the same over the next few years, states the research report.
Increasing Demand for MEMS to Support Market’s Growth
“The global nano positioning systems market is mainly driven by the increasing demand for MEMS on the basis of capacitive sensors in the consumer electronics and wearables industry,” says a TMR analyst. The rising demand for microscopic structures and devices, which combine the mechanical, optical, and fluidic elements with electronics, which are far more smaller than the grain of a sand and, which offers a very simple structure, providing multiple moving structure being integrated with microelectronics, are the key factors that are expected to fuel the demand for MEMS based capacitive sensors, reflecting positively on the market during the forecast period.
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Apart from this, the augmenting demand for ceramic technology for miniaturization and the surging need of piezoelectric actuators in aerospace industry are also expected to support the growth of this market in the near future, states the research report.
The review is based on a report by Transparency Market Research, titled “Nano Positioning Systems Market (Sensor Type - Capacitive, Piezoresistive, and Piezoelectric; Actuator Type - MEMS-based Electrostatic, Magneto-Strictive, Electromagnetic, and Piezo; Application - Optics & Photonics, R&D, Microscopy, Advance Positioning System, and Aerospace) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

Pearlised BOPP Film Market - Comprehensive Analysis and Future Estimations 2026

One of the most preferred polymers in food packaging and in printing application is polypropylene due to its excellent properties like high-temperature resistance, low moisture resistance, and high stiffness. To improve mechanical properties, this film is stretched in both directions and across machine to form biaxially oriented polypropylene films (BOPP film). Fillers such as talc and calcium carbonate and pigments are added to BOPP film to provide a pearly aesthetic look and improve optical properties. Pearlised BOPP film finds application majorly in cold drink packaging such as ice cream packaging, biscuits, sweets, and flavour snack packaging.
The advantage that pearlised BOPP film provides other films is it can be used as a monolayer for packaging or as a component of multilayer film suitable for overprinting. The rapid increase in demand for flexible packaging solutions plays a crucial role in increasing demand for the pearlised BOPP film market. Pearlised BOPP film is Ultra Violet (UV) resistant provide excellent stability over the wide temperature range and high mechanical strength.
Pearlised BOPP Film Market: Dynamics
The global Pearlised BOPP film market is expected to grow alongside the increasing demand for surface printing. Having excellent strength, heat sealable properties of pearlised BOPP films makes it an ideal flexible packaging solution. In addition, pearlised BOPP film has better visual appeal when printed with translucent inks, the metallic effect can be obtained which makes packaging of the product attractive.
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Food packaging industry is the foremost consumer of pearlised BOPP film market which uses this material for packaging solution such as for ice cream packaging, printing labels for cold drinks, etc. as pearlised BOPP films are non-toxic in nature. However, personal care and pharmaceutical packaging are increasingly finding the application of pearlised BOPP film. Increase in per capita income across the globe is escalating the demand for packaged food & beverages, which in turn is expected to boost the market for pearlised BOPP film.
Pearlised BOPP films also help with several benefits which can make the product look attractive by using different colors, patterns, and designs. Other packaging films do not meet the requirement of heat sealable property, strength along with the excellent printability properties however, in contrast, pearlised BOPP films can be laminated to fulfill the market requirement. Therefore, the outlook for the growth of the global pearlised BOPP films market is expected to be positive during the forecast period.

Rotary Die Cutters Market - Future Need Assessment 2028

The rotary die cutters are used for digital printing and packaging of the products such as custom-shaped brochures, mailers, tags, labels, folding boxes, and tapes among other packaging solutions. Rotary die cutters are used with rotary dies and perform multiple cuts, slits, perforates, and window pouches. The requirement for effective packaging solutions in the retail sectors is boosting the global rotary die cutters market.
These machines are manufactured with an exit tray and even consumers can add an extra unit to automatically remove the waste of a particular sheet. The rotary die cutters provide fast die changeovers and can efficiently have 6,000 cycles per hour, increasing the global reach of the machines. The rotary die cutters use a customized & machined part to cut through the substrate, which has high durability.
The rotary die cutters market is expected to experience the significant increase in its demand, as it can cut various types of materials which includes paper, film, magnets, tapes, pouch stock foil, foam, and gaskets. The rotary die cutters operate at high speeds which is convenient for handling production at big manufacturing sites. The rotary die cutters can be configured for different rotary die sizes which helps in expanding the global market for rotary die cutters. The essential three components of the rotary die cutters can affect the efficiency of the machine system which is cutting tool, material to be cut, and cutting unit.
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Rotary Die Cutters Market: Dynamics
The use of laser die cutters can hamper the growth of rotary die cutters. The laser die cutting provides precision and flexibility are better than conventional rotary die cutters in some cases. The laser die cutting systems can perform tough cuts, matches up with the variety of materials and requires less storage space. The rotary die cutters are faster as compared to laser die cutters, as latter one has to adjust speed and depth according to each cut.
The global rotary die cutter market is anticipated to grow during the forecast period, the reason being its affordable costs and durable nature. Various types of materials can be used for cutting which includes polyethylene, polyimide, PVC, polypropylene, BOPP. The wide range of flexibility in material choice is enhancing the production capabilities of the rotary die cutters. The rotary die cutters machine is also available in repeat lengths which determines the number of sheets to be cut repeatedly. The variable repeat rotary die cutters are capable of producing variety of folding cartons, which is ultimately increasing the growth rate of the rotary die cutters.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...