Monday, 25 May 2020

Wi-Fi Analytics Market Value Share and Key Trends 2026

The global Wi-Fi analytics market was valued at US$ 2,793.7 Mn in 2017 and is expected to expand at a CAGR of 14.6% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Wi-Fi Analytics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. Asia Pacific is expected to hold the dominant revenue share, with the market in the region expanding at a CAGR of above 16%. The global Wi-Fi analytics market is mainly driven by its strong demand from the hospitality industry and growing adoption of cloud based models
Growing adoption of SaaS based models, and strong demand for Wi-Fi analytics solutions from hospitality industry driving the market
Wi-Fi analytics offers an easy option to study, understand, and analyze the demographics of the population that uses the Wi-Fi services. It gives a point of entry to gauge the propensities of the users, their location, interests, and search interests. Hence, several industries use Wi-Fi analytics to tabulate key consumer data and use it to make informed decisions. The emergence of Wi-Fi analytics has assisted several industries and sectors in enhancing their services and offerings by studying the propensities of the consumers.
Governments have become aware of the need to study the demographics and tendencies of the populace before initiating new plans, projects, or policies. Moreover, Internet of Things (IoT) technologies such as waste management, smart homes, and smart cities also rely on Wi-Fi analytics for data insights. Furthermore, businesses have become aware of the need to conduct data analysis before planning and strategizing their moves. This has helped in the growth of the Wi-Fi analytics market globally.
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5G rollout on Wi-Fi and installation of Wi-Fi hotspots in various countries play an important role in the expansion of the Wi-Fi analytics market
The Wi-Fi analytics market can be segmented based on deployment, end-user, application, and region. The deployment segment is classified into on premise and cloud/SaaS model. The cloud/SaaS model type is significantly popular among users. Within the application segment, marketing and advertising tends to hold the largest market share in terms of revenue.
Growing number of Wi-Fi hotspots in various countries and growing awareness about Wi-Fi marketing driving the Wi-Fi analytics market
Several end-use industry verticals, especially the retail stores, hypermarkets, supermarkets, and malls are using Wi-Fi analytics platforms to increase footfall, analyze customer behavior, and formulate promotional strategy. Also, retail industry is expected to expand at a higher CAGR during the forecast period.
North America dominance of the Wi-Fi analytics market projected to continue
In terms of geography, the Wi-Fi analytics market is segmented into five regions namely, North America, South America, Middle East & Africa, Asia Pacific, and Europe. Among these, North America is expected to hold a major share of above 40% of the market, in terms of revenue, by 2026. The continuous adoption of analytics platforms among mid-size and small retail stores and hotels is the major driving factor for the strong growth of the Wi-Fi analytics market in North America.

Internet of Things (IoT) in Logistics Market Analysis and Segments 2026

According to a new market report on the Internet of Things (IoT) in logistics market published by Transparency Market Research, the global Internet of Things (IoT) in logistics market is projected to reach US$ 63,728.6 Mn by 2026 driven by exponential rise in IoT applications in logistics. The market is projected to expand at a CAGR of 12.4% during the forecast period from 2018 to 2026.
Growth of the market is attributed to rise in demand for IoT in logistics and increase in adoption of cloud-based deployment models to offer quality service to customers. North America is anticipated to lead the global Internet of Things (IoT) in logistics market, followed by Asia Pacific, Europe, Middle East & Africa, and South America, during the forecast period. The IoT in logistics market is in a nascent stage and is anticipated to expand rapidly in the next few years.
Digitalization of Business Processes to Drive Market
Obsolete systems and labor-intensive processes create more challenges and complexities, slowing the operations and hindering the ability of industries to increase revenue. These manual tasks can result in significant inefficiencies and productivity losses for businesses. The transport management system which includes vehicle management, driver management, and operations management is globally expected to rise at a CAGR of 10.1% over the forecast period. This shows that the logistics industry is trying to form a complete digital, flexible, and connected supply chain optimized for e-commerce and last-mile, last-minute delivery.
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With the deployment of advanced technology, digitalization has witnessed increased adoption across the transportation and logistics industry. Germany-based logistics company Kuehne + Nagel deployed a logistics control tower to make the most of cost competences, while abiding to time constraints and observing standards in security and documentation. The tower uses transportation management software and order management software to exchange data amongst carriers, service providers, and senders & receivers of goods.
Global Internet of Things (IoT) in Logistics Market: Scope of the Report
Based on solutions, the global IoT in logistics market has been segmented in terms of software, hardware, organization size, application, and region. The hardware segment dominated the global market in 2017. Hardware enables users to optimize their applications on branded, reliable, and customized hardware. In terms of organization size, large sized organizations held a prominent market share in 2017 and are expected to continue to dominate the market during the forecast period.
North America led the global IoT in logistics market, accounting for considerable share in 2017.The U.S. is the major market for logistics solutions in the region. IoT based logistics solutions are also becoming popular in Canada and Rest of North America. The IoT in logistics market in Europe, Asia Pacific, Middle East & Africa, and South America is expected to expand at a rapid pace during the forecast period.
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Global Internet of Things (IoT) in Logistics Market: Competitive Dynamics
The research study includes profiles of leading companies operating in the global IoT in logistics market. Key players profiled in the report include Cisco Systems Inc., Octonion SA, Kaa IoT Technologies, LLC., NEC Corporation, Honeywell International, Novire Technologies, SAP SE, Intel Corporation, Oracle Corporation, Bosch Software Innovations GmbH, Rockwell Automation, Inc., BICS SA/NV, Amazon Web Services, International Business Machine (IBM) Corporation, and PTC Inc.

Electric AC Motors Market Projected size Discern Stable Expansion during 2025

An electric AC motor is driven with the help of alternating current (AC). The electric AC motor comprises two parts i.e. a stator located outside and a rotor located inside. An outside stator has the coils that produce the rotating magnetic field. There are various types of electric AC motors such as synchronous AC motors, and induction or asynchronous AC motors. In case of synchronous motors, the rotor moves precisely along with the speed of a rotating magnetic field.
However, in an induction or asynchronous motor, the rotor moves at a speed lower than the magnetic field. Generally, the speed of the rotor in a motor depends on the AC supply frequency and the number of coils. However, the load on the motor plays a vital role in deciding the speed of a rotor. The greater the load, the greater the difference between the rotor’s actual speed and rotating magnetic field’s speed. Speed of the electric AC motor can be controlled with the help of a controller or a variable-frequency drive. AC controller is the device that controls the electric AC motor’s speed.  The power received by the electric AC motor is converted by the AC controller into a required frequency.
The rise in infrastructural development across the globe, growing automation in various industrial processes, and low maintenance cost is expected to drive the electric AC motors market. It is used in a number of domestic as well as industrial applications due to various advantages such as low manufacturing cost, durability, and more. Electric AC motors are mainly used in kitchen appliances, water pumps, air conditioners, and fans.
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Furthermore, it is used in industrial machinery such as compressors and boiler pumps. Electric AC motors are highly flexible and efficient, which allows them to match the demand of a connected load for many electrical applications. Due to the constant high rotary speed, it is useful in various applications such as commercial drill machines, high-power engineering, trimmers and dryers, and vacuum cleaners.
Increasing fuel prices and manufacturing defects that may result in early motor failure is likely to hamper the growth of the electric AC motor market. However, due to the inappropriate applications most of the motor fails. Choosing the correct electric AC motor type could avoid the repeated failure of the motor. With the use of modern technology and industrial automation to manufacture electric AC motors, the general manufacturing defects in these motors are expected to come down in the near future.
The electric AC motors market can be segmented on the basis of type, end-user, and regions. On the basis of type, the market can be segmented into synchronous AC motor and asynchronous AC motor. On the basis of end-user, the market can be segmented into motor vehicles, household appliances, industrial machinery, HVAC equipment and others.
Geographically, the electric AC motors market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America and Europe are expected to lead due to technological advancements and presence of well-established players in the electric AC motor domain across countries such as the U.S. and Canada and due to the presence of major established players from the electric heat tracing domain across the region. However, continuous industrialization and manufacturing plants across emerging economies such as India, China, and Japan is expected to drive the electric AC motors market at a significant pace.

Membrane Air Dryers Market Demand, Share and Value Chain 2025

Membrane air dryers utilize a unique and efficient way to remove various contaminants including water vapor from compressed air systems using a dehumidification membrane. It helps in lowering both the dew point and the relative humidity at the same time. Membrane air dryers are commonly used for gas separation in nitrogen production for food storage.
The structure of the membrane is designed in such a way that molecules of certain types of gases (such as oxygen) are able to filter through a semi permeable membrane faster than other gases (such as nitrogen). Thus, it helps in increasing the concentration of the desired gas (nitrogen) at the outlet of the generator which can be drained out after completion of the entire process. Membrane air dryers are also being used in pneumatic components such as air guns, air spindles, medical equipment, air bearings, and pneumatic brakes for vehicles and trains, and many other applications.T
he working operation involves passing of the compressed air through a high efficiency coalescing filter to remove oil and water droplets. Thus, the air leaving the filter contains only water vapor which is removed by the principle of selective diffusion through a membrane module. The membrane module involves the bundle of hollow membrane fibers for filtering water vapors. As the compressed air passes through the center of the fibers, water vapor filters through the walls of the fiber, thus providing dry air from the other end of the fiber.
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Membrane air dryers require no electricity and thus have low operation costs and are much more reliable and reasonable to use. These air dryers can be operated continuously 24/7 and with proper maintenance and installation, can last for long years. The main drivers for growth of the membrane air dryers market include rapid increase in demand for membrane air dryers in end use industries such as food & beverage, medical, industrial, telecommunication, among many others.
Also membrane air dryers offer several advantages as it has no moving parts, is compact, lightweight, and provides space saving along with no vibration or heat discharge. In order to stay competitive, medical and electronic goods manufacturers are focusing on meeting high air purity criteria, due to increased quality awareness, and technological advancements.
Therefore, creation of clean air is a necessity and plays a critical role in achieving a clean work space, which is also expected to propel demand for membrane air dryers over the next few years. Hence, with the growing demand to maintain regulatory standards especially in food and beverages sector is also expected to boost overall growth of the global membrane air dryers market in the forecast period. The major factor that will adversely impact the growth of the market is the unnecessary excess water in compressed air, resulting in equipment corrosion, which further leads to functioning issues.
The global membrane air dryers market can be categorized on the basis of product, application, and region. The product segment can further be classified into non-porous, and porous. On the basis of application segment, the global membrane air dryers market can be categorized into food & beverage, medical, industrial, electronics and semiconductor, telecommunication and others.On the basis of geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Service Virtualization Market Insights on Upcoming Trends

Service virtualization delivers a simulated test environment that creates, manages, and deploys complete test environments anytime, anywhere. Virtualization is now an integral part of IT infrastructure. Organizations have to be able to respond effectively and quickly to changing business needs, in this age of instant expectations. To achieve these goals, application teams need to deliver quality software on time that allows developers and testers access to unavailable or limited services in a simulated, virtual environment. With the help of services virtualization, quality improvements, risk reduction, incremental top-line revenue can be achieved.
With the help of service virtualization, development and test teams simulate the operation of a service without affecting the delivery regardless of access to production systems. This helps application teams to find bugs earlier in the application life cycle when they are easier and faster to fix, which eventually lowers costs and reduces testing time.
The technology offers various business benefits, including better utilization of system resources and rapid provisioning of services. Service virtualization is beneficial for the development teams which focuses on bug fixing at the API layer, where major problems are often introduced into system interfaces. This helps in reducing the application development time and improves front-end tasks for a better user experience. Furthermore, services virtualization can be used in connected systems for testing behavior of an application, its components and APIs.
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With the advancement in technology, the market for service virtualization has increased significantly. Increased adoption of BYOD and DevOps practices for software development are crucial factors facilitating the expansion of the service virtualization market during the forecast period. It is especially useful in the development of complex API-, cloud-, and SOA (Service Oriented Architecture)-based systems.
Moreover, to avoid the process bottlenecks that commonly occur when teams are developing/testing interconnected system components in parallel, service virtualization is used. The major factor responsible for driving service virtualization market is the need to avoid an expensive test lab and save time by detecting development errors early in production. Service virtualization also reduces infrastructure required to develop and test applications, which is another key factor responsible for bolstering service virtualization demand. On the other hand, data security regulations and policies is one of the restraints which is expected to hamper the market growth in the near future.
The global service virtualization market is segmented on the basis of component, deployment type, and industry vertical. Based on component, the global market is classified into software/tools and services. On the basis of service type, the global market is classified into managed service and professional service. On the basis of deployment type, the global market is classified into on-premise and cloud. Based on industry vertical, the market can be segmented into manufacturing, healthcare, hospitality, BFSI, IT services, telecommunication, retail & e-commerce, media & entertainment, automotive and education.
From a geographical standpoint, North America is expected to witness significant growth of the service virtualization market during the forecast period. This is due to the increasing adoption of cloud-based solutions by large number of firms in the region. However, the market in Asia Pacific and North America is expected to grow at a gradual rate during the forecast period. The market in developing regions such as Middle East & Africa (MEA) and Latin America are also expected to grow over the forecast period.

Advanced Driver Assistance System Market Key Opportunities & Development

Transparency Market Research has published a new report titled, “Global Advanced Driver Assistance System Market (Technology: Adaptive Cruise Control, Lane Keep Assist & Lane Departure Warning, Tire Monitoring System, Blind Spot Detection, Adaptive Front Light System, Night Vision System, Automatic Emergency Braking, Forward Collision System, Pedestrian Detection System, Road Sign Recognition, Traffic Jam Assist, and Driver Monitoring System/ Drowsiness Monitor System; Component: LiDAR, RADAR, Camera, and Ultrasonic Sensor; Vehicle Type: Passenger Vehicle and Commercial Vehicle) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.” According to the report, the global advanced driver assistance system market is projected to surpass US$ 150 Bn by 2027, expanding at a CAGR of above 12% during the forecast period.
Global Tire Market for Automotive:
  • According to the report, the global advanced driver assistance system market is anticipated to be driven by a surge in the demand for enhanced vehicle safety and comfort while driving
  • Automotive equipped with ADAS, which is considered as a mainstay of autonomous vehicles and driverless cars, offers more safety to the vehicle and aids the driver to tackle hazardous road conditions, especially during long route journeys and traffic congestion
  • Key automakers, such as Audi, BMW, Volvo, Daimler, Toyota, General Motors, Honda, and FCA, are offering vehicles equipped with ADAS. Majority of newly launched vehicles are incorporated with ADAS technologies; if not fully, they include a couple of basic ADAS technologies that prevent vehicle accidents and protect the driver from injury.
Expansion of Global Advanced Driver Assistance System Market
  • The automotive industry is witnessing significant technological advancements in conjunction with rising adoption of sensors to ensure improved vehicle safety and comfort during driving. Furthermore, an increase in the demand for improved vehicle ride in adverse weather conditions is anticipated to augment the advanced driver assistance system market during the forecast period.
  • Development in the automotive industry is not only limited to engine and design, but also focused on safety of the driver, pedestrian, and vehicle. Driver distraction or error while driving can lead to accidents, which can be avoided through the amalgamation of the advance driving assistance system, which substantially reduces security concerns, enhances safety on road, and reduces vehicle road fatalities. Additionally, the ADAS is designed to counter traffic congestion by maintaining distance between successive vehicles at all times, thereby reducing anxiety and fatigue of the driver.
  • Advanced driver assistance systems in automotive can probably save tens of thousands of lives every year that are lost to road traffic accidents and fatalities due to human errors in judgment while driving, especially in urban areas and on highways. These factors are anticipated to fuel the adoption of advanced driver assistance systems in the near future
  • Based on technology, the global advanced driver assistance system market has been bifurcated into adaptive cruise control, lane keep assist & lane departure warning, tire pressure monitoring system, blind spot detection, adaptive front light system, night vision system, park assist system, automatic emergency braking, forward collision system, pedestrian detection system, road sign recognition, traffic jam assist, and driver monitoring systems/drowsiness monitor system. Adaptive front light is a highly attractive segment of the market.
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  • The adaptive front light, which is considered as an innovative automotive solution, aids the driver by operating the headlights automatically according to the surrounding conditions. This is carried out without any driver intervention, which enhances the night driving experience. Additionally, while driving on winding roads, the adaptive front light system changes the lighting pattern to compensate for the curvature of the road and helps enhance visibility, thereby providing improved driving experience. Furthermore, the adaptive front light system prevents the glare of oncoming vehicle headlights from hampering the driver’s visibility. This is another factor boosting the adoption of the adaptive front light system.
  • Based on vehicle type, the global advanced driver assistance system market has been split into passenger vehicle and commercial vehicle. Passenger vehicle is likely to remain prominent segment of the market in the near future. This is majorly attributed to the higher rate of adoption of advanced driver assistance systems in passenger cars in order to ensure more comfort and safety while driving. Moreover, increasing incorporation of advance safety features in vehicles is boosting the passenger vehicle segment.

Drive-By-Wire Market Notable Developments & Key Players

Some of the key players in the global drive-by-wire market are Robert Bosch GmbH, SKF Group, Delphi Automotive PLC, Mobil Elektronik GmbH, Denso Corporation, Hitachi Automotive Systems, Ltd., ZF Friedrichshafen AG, Continental Group, Curtiss-Wright Corporation, and Infineon Group.    
 In order to stay ahead of competition in the global drive-by-wire market, automotive component manufactures are pouring money into development of advanced drive-by-wire technology systems. They are also focusing on electric powertrain development. Robert Bosch GmbH, for instance, has developed an e-axle drive system that combines transmission, electric motors, and power electronics in one unit to implement drive-by-wire technology. SKF Group has developed electromechanical actuators which are an integral part of drive-by-wire systems.
Other strategies leveraged by savvy companies in the drive-by-wire market to bolster their positions are carefully-considered acquisitions, partnerships, and divestments.
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As per a report by Transparency Market Research, the global drive-by-wire market will likely become worth US$59.5 bn vis-à-vis revenue by 2025 from US$18.22 bn in 2016 by clocking a robust 15.0% CAGR during the period between 2017 and 2025.
Powered by China and Japan, Asia Pacific to Grow at Maximum Pace
Based on applications, the global drive-by-wire market can be segmented into brake-by-wire, electronic throttle control, steer-by-wire, and shift-by-wire. Of them, electronic throttle control segment, which is the oldest form of drive-by-wire technology, is predicted to be the most lucrative segment.
Depending upon geography, the global drive-by-wire market can be divided into Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Asia Pacific, at present, leads the market. The growth in the region is primarily being driven by Japan, China, Australia, South Korea, and India. Expanding at a good clip, the region is slated to grow its market share to 42.6% by 2025.
Emergence of Autonomous Vehicles to Catalyze Market Growth
Drive-by-wire or x-by-wire technologies, which is comprised of different automotive electronic components such as sensors, electronic control unit, actuators, electric motors, etc., is primed to play a crucial part in future autonomous vehicles. “Drive-by-wire vehicles need more power than conventional vehicles. While conventional vehicles run on 12-volt system, drive-by-wire requires 48-volt system. Rising adoption from 12-volt system to 48-volt system presents an opportunity to increase adoption of drive-by-wire in global automotive market,” explains the lead analyst of the report.

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 ...