Friday, 5 June 2020

Industrial Robotics Market Forecast & Global Industry Analysis by 2027

Industrial robots have a vital role to play in automation of industries, as several key operations are taken care of by industrial robots in several industries. Economic development in various countries offers promising growth opportunities to the global industrial robotics market. Rapid expansion of e-Commerce activities coupled with phenomenal growth of automotive and electronics industries is an added impetus to the global industrial robotics market.
Some of the renowned market players analyzed in the report on the global industrial robotics market are Yaskawa Motoman Robotics, Kawasaki Heavy Industries, Denso Corporation, Toshiba Machine Co., Ltd., Fanuc Robotics, and KUKA Robotics. The global industrial robotics market is projected to reach US$ 297 Bn by 2027. The market is likely to grow at a CAGR of ~9% from 2019 to 2027.
Growing Demand for Collaborative Robot to Drive Industrial Robotics Market
Collaborative robots are built to work alongside human beings through interaction in a shared workspace. Collaborative robots have the ability to automate the work easily and hence, are used in variety of applications such as packaging, pick and place, screw driving, assembly, lab testing, and quality inspection. Furthermore, collaborative robots help companies to enhance the production output with high levels of work safety, as these robots can perform repetitive work at a faster pace.
Demand for collaborative robots is continuously on the rise in different industry verticals including retail, healthcare, automotive manufacturing, and several others, owing to their numerous benefits and associated applications. Several manufacturers operate in the industrial robotics domain such as Universal Robots, KUKA AG, and Franka Emika GmbH, who offer a wide variety of collaborative robots for various industries.
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Extensive Deployment of Industrial Robots in Manufacturing Units Drives Market in North America
Based on region, the global industrial robotics market has been segmented into Latin America, Middle East & Africa, Asia Pacific, Europe, and North America. Regional segmentations are likely to facilitate better understanding of market dynamics at play in each of the regions during the forecast period.
According to the findings of the Association for Advancing Automation, around 27,294 robots were ordered in the first nine months of 2019. These robots were valued at around US$ 1.473 Bn. North America is likely to lead the global industrial robotics market in the coming years. Substantial reliance of North American manufacturing units on advanced and innovative technological solutions to generate high quality output at reduced cost is fueling the market. Increased implementation of advanced software programs to stay ahead of competition is responsible for growth of the industrial robotics market in North America.
Modern manufacturing facilities in North America substantially depend on new innovative technologies to produce higher quality products at high speed and reduced costs. Manufacturing facilities are implementing more intelligent software and hardware to survive in the current competitive scenario.
Likewise, Europe is also expected to account for a large share of the market. In 2017, around 170,000 robots participated in the production process of the automotive industry in Europe. Such high levels of robotic participation is a manifestation of the market prominence in the region.
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According to TMR analysts, in terms of density of industrial robots, South Korea is estimated to retain its leading position during the assessment period.
High Cost of Human Labor to Bolster Demand for Industrial Robots
The expansion of the global industrial robotics market is stimulated by heightened activities in the factory automation sector. The global industrial robotics market is poised for considerable growth in the near future with the growing human-machine interaction together with cloud technology improving control of hardware.
High cost of deploying manual labor coupled with the cost incurred on health insurance, paid leaves, compensations, training, conferences, and promotions is a financial burden on companies. These factors that emerge with the employment of human labor are expected to pave the way for large-scale deployment of industrial robotics in the coming years. Unlike industrial robots, human labor is incapable of working in adverse conditions or in high-risk zones. Day-to-day completion of the same tasks leaves workers with a mutinous and dull feeling, which lowers productivity.

C4ISR Market - Global Analysis and Latest Study Report 2019 to 2027

Governments across the globe are investing heavily in defense and military activities. With increasing terror attacks, changing war techniques, and increasing use of technology in crime has forced the government to get become tech-savvy. Therefore, they have started using C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) at a great level. C4ISR helps in tracking information from a vast range of systems from land-based radar to binoculars for observation and through various other means like communication satellites
Global C4ISR Market: Dynamics
With growing information and increasing crimes, C4ISR has benefitted governments across the globe. As and when its importance and usage is increasing, more and more players providing this facility are increasing. With the increasing number of players participating in the global C4ISR market has turned the market highly fragmented, and also increased the competition among the players. Players are further offering improved services and are using advanced technologies to provide better information. They are also engaged in mergers and acquisition, expansion, and collaboration to further extend their dominance in the market. Additionally, these players are not only concentrating in developed regions but are extending their services in developing regions as well.
With growing competition and innovating in the C4ISR market, this market is expected to attain valuation of ~ US$ 135.80 Bn by the end of 2027. This value can be only attained if the market rises at 3.68% CAGR between 2019 and 2027.
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Among the different types of components in the global C4ISR market, reconnaissance and surveillance are projected to lead the market over the projected forecast tenure. The growing use of advanced technology in warfare has encouraged the use of surveillance and reconnaissance. The role of reconnaissance and surveillance is becoming highly crucial in military activities, as the need to counter stealthy threats in an effective and timely manner in increasing.
Rising Government Funding Playing a Crucial Role
Increasing government funding is directly linked with better of the technology and services used in the military of any country. With growing developments and increasing investment in research and development activities will help in improving C4ISR systems that can be effect and affordable by other poor nations as well. The initiatives are likely to expand the growth opportunities in the global C4ISR market in the near future.
Efforts are also being made in innovating and converting existing high power and bulky systems into more reliable and productive ones. Additionally, the reduction in the size of these systems will also help in minimizing the cost that will further drive the demand in this market. Having said that, these systems are retained until the previous technology becomes obsolete, and its replacement becomes essential, these steps restrict trade expansion, which can limit the scope of the market.
Global C4ISR Market: Prominent Regions
North America Advancing in the Global C4ISR Market 
Globally, North America is leading the global C4ISR market due to increased investment in developing the C4ISR system.  The growing expenditure by government organizations for research and development activities is the key reason behind the dominance of North America growth in this market. And the forthcoming years as well North America is likely to maintain its position. The country spends a huge amount of money on naval, airborne, and land development programs.
To fast track work with each platform, the military is spending on C4ISR to enhance communication and operation between the troops and remotely operated personnel. These initiatives are also expected to have a positive impact on the market. Moreover, Europe is mostly likely to hold the second position in the global C4ISR market, due to the increasing contribution from Germany, Russia, and the U.K in the development of this system.
The study presented here is based on a report by Transparency Market Research (TMR) titled “C4ISR Market [By Platform - Airborne, Naval, and Land; By Components- Surveillance & Reconnaissance, Computer, Tactical Communication, Electronic Warfare, Command and Control, and Others] - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027

Active Grille Shutter Market Future Demand Analysis with Forecast 2018 to 2026

Once a vehicle reaches a speed of 19mph or more, it gets important to limit the flow of air that comes from the grille that is in the front. This is where use of active grille shutters plays a significant part in improving the aerodynamics and thus minimizing load on the engine and what is called an air drag. This leads to low emissions and high fuel rating for any vehicle.
As fuel efficient vehicles become the need of the hour, the demand for active grille shutters increases. A major art here is played by rising consumer awareness regarding the same. It is pertinent to note here that active grille shutters can reduce carbon dioxide emissions substantially – 3 grams in every kilometer. And, in terms if aerodynamics and air drag, the value of 25 aerodynamic points and 9% average respectively.
Thus, it goes without saying that they play a significant part in improving the environmental condition and with stringent norms regarding emission emerging worldwide, the active grille shutter market is set to grow at a significant pace – CAGR (Compound Annual Growth Rate) of an impressive 8% from 2018 and 2026, adding some notable billions to the market worth by the end of the forecast period.
It makes sense to bring in the ambitious goals of the United States (US) and European Union (EU) to reduce the levels of emission to 95 and 121 grams per kilometer by 2020 for the former and latter respectively. This prompts automakers to integrate the grille shutters in their vehicle more than anything else.
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North America and Europe to Dominate the Market over the Forecast Period of 2018 and 2026
North America and Europe to dominate the market landscape of active grille shutters due to rising demand for vehicles that are fuel efficient. Besides, as mentioned above the government regulations in the two regions are quite strict, calling for greater control and compliance from automakers. Besides, the spending capacity of consumers in the two regions is quite respectable.
The Global Active Grille Shutter Market to Have a Fragmented Competitive Landscape over the Forecast Period
It is also pertinent to note here that the global active grille shutter market has numerous players operating the playfield and some of the notable players in the fragmented landscape of the global active grille shutter market are Rochling Group, Valeo, Magna International Inc., SRG Global, Batz, S.Coop, HBPO GmbH, Techniplas, LLC., Brose Fahrzeugteile GmbH & Co. KG, Coburg, Tong Yang Group, Keboda, STARLITE Co., Ltd., and Aisin Seiki Co., Ltd, among others.

Thursday, 4 June 2020

Remote Diagnostic Market - Growth Opportunities Created By Covid-19 Outbreak 2025

The global remote diagnostic market displays a highly competitive vendor landscape with numerous companies focusing on launching new products to strengthen their hold in the market, reports Transparency Market Research (TMR). The competition in this market is driven by new technological advancements and research-based activities.
Prominent players in the global remote diagnostic market comprise Continental AG, OnStar LLC, Robert Bosch GmbH, Mercedes-Benz, Delphi Automotive plc, Magneti Marelli S.p.A., Softing AG, and Vector Informatik GmbH. These companies are adopting various strategies such as collaborations to expand their revenue share in the market.
As per expert analysts, the global remote diagnostic market is expected to garner an astounding CAGR of 14.8% from 2017 to 2025. The market valued at US$12.88 bn in 2016 and is expected to reach a value of US$42.04 bn by 2025.
The remote diagnostic market is segmented based on roadside assistance, vehicle state alert, vehicle tracking, training assistance, and others. Roadside assistance segment is expected to lead the market in terms of revenue owing to rising demand for vehicle safety on road. Geographically, North America leads the market on account of stringent regulations for road safety.
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Increase in Sales for Hybrid Vehicles to Spike the Market’s Growth
In recent times, consumer preference has shifted towards hybrid vehicles leading to a major surge in the global remote diagnostic market. Additionally, with recent technological advancements, there has been a rise in demand for in-vehicle diagnostic technology as it allows efficient management and diagnosis of data. This has played a key role in driving the growth of the global remote diagnostic market. Furthermore, rapid industrialization leading to a surge in the electrical industry has contributed to the market’s expansion.
Moreover, emission standards laid down by several governments owing to growing environmental concerns have contributed to an expansion in the market. Degradation of air quality has posed alarming environmental threats leading to governments taking measures to control it. Additionally, a growing demand for premium cars and luxury vehicles has propelled the remote diagnostic market’s growth.
In addition to the aforementioned drivers, integration of Internet of Things (IoT) and telematics technology will lead to an increase in demand for remote diagnostic devices, thereby propelling the growth global remote diagnostic market. These technologies equip devices to notify the users of probable system failures and the preventive measures that need to be taken.
On the downside, there are a few bottlenecks that may thwart the remote diagnostic market’s growth. Factors such as security concerns associated with operating remote diagnostic systems may restrain the market’s growth. Nonetheless, companies are working on bridging the gaps between the original equipment manufacturer (OEM) and the end users. This will drastically change the consumers’ outlook towards remote diagnostic systems, thereby expediting global remote diagnostic market’s growth.
C2i Technology to Create New Avenues for the Market
Chromalox has developed a new C2i technology which is an amalgamation of several control technologies that improve system reliability. Additionally, it offers process optimization through remote diagnostics and monitors component health. This has served as a major landmark in the global remote diagnostic market.

Content Analytics Market - Impact Of Covid-19 And Benchmarking (2018-2022)

A Transparency Market Research (TMR) report provides insights on competitive landscape of the global content analytics market.  The prominent players in the market include IBM, SAS, Microsoft Corporation, Google Inc., and SAP. The global content analytics market is highly competitive and the competition is expected to intensify in upcoming years. These companies are adopting various strategies to reduce the cost of products and services to capture a larger consumer base. Innovative products are in the making to outpace rivals and win over the competitive edge in the global content analytics market. 
One of the major driving factor proliferating the demand is enormous rise in business content for variety of business types. Content analytics helps business to take necessary business decisions by providing enriching information. The global content analytics market is projected to expand at a staggering rate of CAGR 26.1% during the forecast period 2018 to 2026. The estimated revenue was US$2.5bn in 2017 and it is likely to scale up to US$ 8.1bn by the end of forecast period, owing to upswing of the global content analytics market. 
Geography wise, North America is expected to emerge as a leading region in the global content analytics market. The growth is attributed to growing numbers of companies looking for content analytics solutions. Developing economies such as Middle East and South Asia are projected to play pivotal role in the global content analytics expansion. There are various types of content analytics in the global content analytics market. However, the text segment is likely to grow at a robust pace due to its extensive usage in SMS and social media platforms. Hence, during the forecast period the global content analytics market is projected to witness a tremendous development. 
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Massive Digitalization to Create Bolstering Demand 
We live in an era of digitalization, digital economy is the need of the hour. All developing economies are transforming into digital economy. It is impossible to manage huge population and their data without going digital. So, increasing demand for digitalization to propel the global content analytics market. Government sector is likely to boost the demand for content analytics by adopting digital identities in developing countries and digitalization of census. Additionally, national security is expected to push the market to expand in the global content analytics. Rising threat of terrorism can be attributed to demand arising from national security systems. 
Communication sector is also likely to provide impetus to the global content analytics market due to increasing use of social media and other forms of communication. 
Information and Technology Infrastructure to Bring in Significant Change 
Information and Technology sector has its presence in every business. It has brought in huge transformation in business enterprises across the world. IT enhances productivity and flexibility in business functioning and gives an improved throughput. Thus, creating an increased demand for content analytics solutions in the companies across the globe. So, the global content analytics market is projected to see a stellar growth during the forecast period. 
Small and medium sized sector also benefit from content analytics. Content analytics helps small scale enterprises to collect and process data with ease, thereby resulting in better customer services. This stimulates the global content analytics towards exceptional growth during the forecast period. 
The above review is based on a TMR report, titled,”(Application - Text Analytics, Video Analytics, Speech Recognition and Language Analyzers, Clustering Engines and Categorizers, Social Media Analytics; Vertical - BFSI, Retail and Consumer Goods, IT and Telecom, Healthcare, Media and Entertainment, Government, Travel and Hospitality, Manufacturing; Deployment - Cloud-based, On-Premise) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026”.

Edge Computing Market: Latest Innovations, Drivers and Industry Key Events 2018 – 2022

Transparency Market Research (TMR) observes, the global edge computing market is highly competitive due to presence of number of companies operating in the market. Some of the key players operating in the global edge computing market are Microsoft Corporation, Cisco Systems Inc., IBM Corporation, Google Inc., and Hewlett Packard Enterprise Company. These players are increasingly taking initiatives for technological advancements. The launch of advanced technology is expected to fuel growth of the market and help players to gain higher revenue.
A report estimates, the global edge computing market was evaluated at US$8,024.5 mn in 2017 and is expected to attain value of US$13,313.7 mn by the end of 2022 with the CAGR of 10.7%. Based on component, hardware segment is anticipated to account for the leading share of 54.3% of the market in 2017 and remain dominant over the forecast period by progressing with a CAGR of 10%. Based on geography, North America is projected to dominate the global edge computing market in 2017, and is expected to remain dominant over the forecast period.
High Adoption of Fast Transmission of Load to Propel Growth
IoT data is increasing substantially due to introduction of products such as smart devices, smart glasses, and smart watches. Edge computing technique aids for processing, collection, and collection of IoT-generated data. Moreover, rise in number of internet users and growing adoption of digital services is leading to increase in the collection of volume of sensitive data of numerous organizations. These factors are boosting growth of the edge computing market owing to increase in data is expected to propel growth of the edge computing market.
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Additionally, edge computing is technology of improving the cloud computing systems by processing data at edge of network and near about the source of data. The edge computing reduces the time for operation and complete process in milliseconds which helps in the reduction of work load on the other networks. Thus, the adoption of the edge computing is higher which is propelling growth of the market. Furthermore, transmission of amount of loads which leads to create the remarkable load on the network. This factor is expected to boost adoption of edge computing over the forecast period. Edge computing technique processes data from source and analyze the data and sends the valuable information; thus, its adoption is higher. These are some factors driving growth of the global edge computing market.
Complex Configuration of Edge Computing to Hamper Growth
Despite of these factors, the market is facing some challenges including complex configuration is expected to restraint growth of edge computing market. In addition, risks of security holes and cyber security due to habit of not changing passwords. Also, these devices highly susceptible to cyber terrorism which is limiting growth of the edge computing market. Nonetheless, advancements in technology and growing adoption of technologies such as 3G, and 4G globally in the long-term evolution (LTE) wireless networks are propelling demand for IoT technologies. Also, these are expected to offer lucrative opportunities over the forecast period.

Vehicle Analytics Market - Latest Trends, Demand and Analysis 2025

Competition in the global vehicle analytics market is expected to rise sharply in the coming years, as players are using different organic and inorganic strategies to strengthen their position in the market. According to Transparency Market Research, this market is likely to witness high growth due to advanced taking place in the automotive industry. 
Leading players providing vehicle analytics services are investing heavily in upgrading their product portfolio. They are also entering in partnership, collaboration, and merging with other smaller players operating in the market. This will benefit the players to stretch their business in different regions. Moreover, players are also investing to upgrade their product portfolio and services to provide advanced services to their users. Amodo, Automotive Rentals, Inc., Agnik LLC, Harman International Industries, Inc., SAS Institute Inc., IBM, and Inquiron are some of the key players operating in the global vehicle analytics market. 
Statistical information presented in the report states that the global vehicle analytics market might progress at staggering 20.9% CAGR between 2017 and 2022. The market valuation is expected to reach US$10.21 bn by the end of 2022. In 2017, the market earned US$0.64 bn. 
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Based on deployment type, the demand for on-premises deployment type is high as compared to cloud deployment type. High adoption rate of on-premises in various industries led this segment lead the market. However, the demand for cloud deployment type is also expected to rise significantly in the forthcoming years. In terms of geography, Europe is likely to hold maximum share in the global vehicle analytics market. Presence of key players in the region along with growing demand for advanced electric cars and car analytics solutions has strengthened position of Europe in the global vehicle analytics market. Asia Pacific can be termed one of the fastest growing market for vehicle analytics due to growing preference for advanced electric vehicles. 
Manufacturers Are Focusing on Using Artificial Intelligence that Will Boost Growth in Vehicle Analytics Market 
Growing need for real-time tracking is one of the major factor driving demand in the global vehicle analytics market. Moreover, growing need for mobility and fleet management is also triggering demand this market. This has forced transport service providers to improve operational efficiency, and deliver enhanced customer service while offering sustainability. Manufacturers are also planning to shift their focus on machine learning, artificial intelligence, and predictive analysis in vehicles, making them even more tech-savvy. 
Furthermore, migration towards cloud is also projected to boost the market’s growth and offer new doors for innovation. Another significant factor that led the demand for vehicle analytics is the way manufacturers are integrating advanced vehicular technology in vehicles. 
High Initial Cost and High Security Issues Might Challenge Market Growth 
Limited network coverage is one of the key restraint that might hamper growth in the global vehicle analytics market. High cost involved during initial setup and concerns related to data security are projected to challenge demand in this market. Moreover, integrating data with existing software systems is also tricky, which might restrict growth in the global vehicle analytics market. 
However, excess efforts made to make autonomous vehicle a reality and to leverage analytics to enhance customer experience that might assist in overcoming these restraints. Moreover, increasing use of real-time data collection from GPS tracking devices and sensors are also expected to expand the global vehicle analytics market.  

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 ...