Friday, 5 June 2020

Night Vision Device Market - Key Opportunity and Analysis of Leading Players to 2026

  June 05, 2020    No comments
According to a new market research report published by Transparency Market Research, the night vision device market is expected to reach US$ 14,861.2 Mn by 2026, expanding at a CAGR of 8.9% from 2018 to 2026. According to the report, the global night vision device market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, North America is projected to lead the global market during the forecast period. The market in the region is likely to expand at a CAGR of 9.3% from 2018 to 2026. China, India, Japan, and South Korea are expected to be major contributors to the night vision device market in Asia Pacific during the forecast period.
Rising Adoption and Upgrade of Different NVDs for Military and Defense Applications
In different countries across the world, government organizations are upgrading their existing weapons and devices in order to enhance navigation and targeting and surveillance capabilities of the military. Increasing terror threats in different countries is expected to be a major factor boosting the global night vision device market during the forecast period. Increasing demand for automotive night vision devices for use in high-end commercial cars is fueling the market for night vision devices.
It is also expected to create better opportunities for manufacturers of night vision devices in the next few years. Moreover, the night vision technology have become an important topic for scientists to conduct research on. Furthermore, rising need of the modern armies to operate at night and during conditions with poor visibility has led to significant advancements in the technology of night vision devices. With the increased spending by governments on NVDs to fulfill the demand for combat operations and night patrolling, the global night vision device market is expected to witness significant growth during the forecast period. This is expected to propel the demand for night vision devices in the next few years.
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Global Night Vision Device Market: Scope of Report
The global night vision device market has been broadly segmented in terms of type, technology, application, and geography. Based on type, the market has been segregated into vehicle use and personal use. The personal use segment has been sub-segmented into scopes, googles (bi-ocular & monocular), cameras, and others. Among types, the personal use segment accounted for a major share of more than 80.0%, in terms of revenue and volume, in 2017. In terms of revenue, the personal use segment is anticipated to expand at a CAGR of 9.6% during the forecast period.
In order to fulfill the global demand, various manufacturers of night vision devices are currently focusing on research and development activities on a regular basis in order to invent advanced applications of night vision devices. Developing infrastructure, economic growth, large population, and increasing urbanization are expected to drive the night vision device market during the forecast period. Military & defense is a leading sector driving advancements in the night vision technology. On the other hand, as applications in commercial markets continue to advance, the demand is estimated to increase further in the near future.
Based on technology, the night vision device market has been divided into image intensifiers, thermal imaging, and others. The image intensifiers segment held the maximum market share in 2017, in terms of both revenue and volume. Additionally, it is a highly attractive segment of the global night vision device market. It is expected to register the maximum growth rate of 9.4% during the forecast period. Growing concerns about the national security, lower prices of devices than thermal imaging devices, and rising adoption of night vision devices from the military & defense sector are fueling the night vision device market.
In terms of application, the night vision device market has been classified into military & defense, law enforcement, hunting, wildlife observation, surveillance & security, navigation, and others. Military & defense is a highly attractive application segment of the global night vision device market. In terms of revenue, the segment is expected to expand at a CAGR of 9.4% during the forecast period.
The increasing need of the modern armies to operate at night and during conditions with poor visibility has led to significant advancements in the technology of night vision devices. With the increased spending by governments on NVDs to meet the demand for combat operations and night patrolling, the global night vision device market is expected to witness significant growth during the forecast period.
As per TMR analysis, in 2017, North America accounted for the maximum i.e. more than 35% share of the global market, in terms of both revenue and volume. The Asia Pacific night vision device market is primarily driven by increased investments in modernization of military infrastructure and risen urban population in the region, especially in developing economies such as China and India. The night vision device market is expected to witness further innovations and developments in the near future, as several leading manufacturers are investing in research and development activities.
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Construction Robots Market Evolving Latest Trends To Lead Global Industry By 2018–2026

  June 05, 2020    No comments
According to a new market research report on the construction robots market, published by Transparency Market Research the global construction robots market is expected to reach value of US$ 470.61 Mn by 2026, expanding at a CAGR of 10.4% 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 12.4% between 2018 and 2026.
Construction companies welcoming their new robot workers are driving the global construction robots market
Earlier, the construction industry was one of the most unfamiliar R&D fields for the robotics & automation community, despite the fact that the industry is one of the oldest and the largest economic sectors. However, in recent years, the construction industry has become one of the most important research areas in the field of service robotics. The key difficulty with robotics & automation in construction (RAC) is related to nature of the work environment, which is highly unstructured. Automation is changing the face of nearly every industry across the world, whereas the construction industry may pave the way for robots. In the construction industry, robots can carry out 80% of the work, which is more repetitive, more dangerous, and more monotonous. 
Global Construction Robots Market: Scope of Report
The global construction robots market has been broadly segmented in terms of automation, function, application, and geography. In terms of automation, the market has been classified into fully autonomous robots and semi-autonomous robots. Among these, the semi-autonomous robots segment accounted for a major market share of around 74% in 2017. The segment is expected to expand at a significant CAGR of 11.0% during the forecast period.
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The need for broader and more efficient infrastructure and improved monitoring of infrastructure for predictive and corrective maintenance are factors driving the segment. Based on function, the construction robots market has been divided into 3D-printing robots, demolition robots, bricklaying robot, and others. The combination of 3D-printing and industrial robots is some of the most promising automation technologies in the construction industry. In terms of application, the construction robots market has been classified into commercial buildings, residential buildings, public infrastructure, and others. In 2017, the public infrastructure segment accounted for a prominent market share. The segment is estimated to expand at a significant CAGR of 10.9% during the forecast period.
Based on region, the global construction robots market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific dominated the global market in 2017. The region has abundant natural reserves distributed across various countries. Mining and construction are among the top industries in Australia, China, India, Malaysia, and Vietnam.
With growing urbanization and wide availability of natural resources in the region, mining and construction companies have started using automated equipment, operating software, and communication systems to connect and operate on site. Europe held a major share of the global construction robots market in 2017. This can be attributed to extensive facilities of various companies for the development and production of construction and demolition robots, and increasing need for residential and non-residential construction projects in the region. 
Global Construction Robots Market: Competition Dynamics
The research study includes profiles of leading companies operating in the global construction robots market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players operating in the global construction robots market are Brokk AB, TopTec Spezialmaschinen GmbH, Construction Robotics, Komatsu, Ekso Bionics, Fujita, Fastbrick Robotics, Autonomous Solutions, Giant Hydraulic Tech, Yingchuang Building Technique Co. (WinSun), Alpine Sales and Rental, and Beijing Borui Intelligent Control Technology. Companies are focusing on expanding their business through acquisitions and strategic partnerships. 
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Solid State Transformer Market Expand Their Businesses with New Investments and Coming Future

  June 05, 2020    No comments
According to a new research report published by Transparency Market Research (TMR) , the global solid state transformer market is expected to reach value of US$ 1,141.0 Mn by 2027, expanding at a CAGR of 21.7% from 2019 to 2027. According to the report, the global market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Europe is projected to continue to lead the global market, with the market in the region expanding at a CAGR of 23.4% between 2019 and 2027. 
Rising demand for use in high-speed trains and high-power electric locomotives driving the global solid state transformer market
The global solid state transformer market has witnessed strong growth over the last decade. One of the major drivers of the market is rising demand for SST for use in high-speed trains and high-power electric locomotives. High-speed trains and high-power electric locomotives offer several advantages such as greater transport capacity, higher speed, reduced emissions, and energy saving.
Furthermore, new types of high-speed traction drive systems required for high-speed trains and high-power electric locomotives use an inverter unit, a solid state transformer, a traction motor, and other key components in order to increase the system efficiency. Furthermore, solid state transformers used in high-speed traction drive systems with a high-power, high-frequency, LLC-resonant converter are useful to reduce volume and weight. SSTs also improve grid-side power quality. All these advantages are expected to increase deployment of SST-based traction systems in the near future. This, in turn, would drive the global market for solid state transformer during the forecast period.
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Global Solid State Transformer Market: Scope of Report
The global solid state transformer market has been broadly segmented in terms of product, component, application, and region. Based on product, the market has been divided into distribution SST, traction SST, and power SST. The power SST segment was dominant, holding 42.95% share of the global market, in terms of revenue, in 2018. However, the traction SST segment is anticipated to expand at the maximum CAGR of 22.6% during the forecast period. This growth can be attributed to increasing penetration of solid state transformers in the traction locomotive sector.
In terms of component, the global solid state transformer market has been classified into converters, switches, high-frequency transformers, and others. The converters segment is expected to continue its dominance during the forecast period. The segment is expected to expand at a high CAGR of 22.3% from 2019 to 2027. Based on application, the market has been categorized into alternative power generation, traction locomotives, power distribution, electric vehicle charging, and others. Among these, the electric vehicle charging segment is anticipated to witness significant growth, expanding at a CAGR of 23.9% during the forecast period. This is attributable to factors such as favorable government initiatives and support, the issue of global warming, and increase in fuel prices. Electric vehicles offer advantages such as reduced CO2 emissions, low cost of running and maintenance, and eco-friendliness.
Geographically, the global solid state transformer market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe is anticipated to hold the maximum share of the global market during the forecast period. The market in the region is projected to expand at the maximum CAGR during the forecast period. In 2018, Europe accounted for 35.79% share of the global solid state transformer market. This is attributable to the large number of installed renewable energy sources and high investments in research and development activities in the region.
Global Solid State Transformer Market: Competition Dynamics
The research study includes profiles of leading companies operating in the global solid state transformer market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Some of the prominent players operating in the global market are ABB Ltd., Alstom SA, Amantys Limited, Eaton, General Electric Co., Gridbridge, Inc., Mitsubishi Electric Corporation, Schneider Electric SE, Siemens AG, and Varentec, Inc. Companies are focusing on expanding their business through strategic acquisitions and partnerships.
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Industrial Robotics Market Forecast & Global Industry Analysis by 2027

  June 05, 2020    No comments
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.
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C4ISR Market - Global Analysis and Latest Study Report 2019 to 2027

  June 05, 2020    1 comment
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”
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Active Grille Shutter Market Future Demand Analysis with Forecast 2018 to 2026

  June 05, 2020    No comments
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.
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Thursday, 4 June 2020

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

  June 04, 2020    No comments
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.
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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 ...