Friday, 5 June 2020

Voice Biometric Solutions Market by Type and Application to 2018 – 2026

  June 05, 2020    No comments
According to a new market report published by Transparency Market Research, the global voice biometric solution market is expected to reach a value of US$ 13,049.2 Mn by 2026 on account of growing adoption of voice biometric solutions and biometric technology across various industries. The market is projected to expand at a CAGR of 17.3% during the forecast period from 2018 to 2026. Asia Pacific is anticipated to experience healthy growth which is expected to be followed by Middle East & Africa during the forecast period. The authentication speech recognition software segment is expected to see flourishing growth, owing to rising demand for authentication and client and customer verification solutions.
Adoption of voice biometric solutions driving the global voice biometric solution market
Rapid developments in technologies for authentication and payment purposes have made it possible for the biometrics industry to increase the number of consumers across the world. There has been a significant need for technological solutions in biometric technology due to its advance features that helps in enhancing authentication and verification solutions.
This is likely to create strong demand for voice biometric solutions in the near future. Similarly, vendors across countries such as China, India, the U.S., Australia, Germany, Finland, Singapore, and Denmark are focusing on enhancing voice biometric technological aspects of the biometric technology. Public agencies as well as private companies are also emphasizing on providing voice biometric solutions mainly due to the benefits offered by biometric technology, as these solutions are highly effective for improving the performance and infrastructure of organizations across regions.
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Voice Biometric Solutions Market: Scope of the Report
The voice biometric solution market is segmented based on solution, application, end-user, and geography. According to the research study, the automatic speech recognition software market is anticipated to experience flourishing growth during the forecast period. This is mainly due to its multiple applications in most industries such as BFSI, government, healthcare, call centers etc. In addition to this, various users across regions prefer speech recognition to be the reliable authentication solution compared to PINs and passwords.
By 2026, automotive speech recognition software is projected to cover more than 60% of the global market. Apart from this, access security application also plays a vital role in supplementing the growth of the voice biometric solution market. Vendors are integrating voice biometric solutions due to the rise in need for authentication and fraud detection and customer verification solutions. Furthermore, the payments segment is likely to hold a significant share of the voice biometric solutions market.
North America is leading the voice biometric solution market with more than 30% share globally. This is due to increase in advance technologies for voice biometric solutions and also high penetration of biometric solutions in the region. Furthermore, strong presence of voice biometric solution providers across the region is contributing to the growth of the market. North America is contributing the highest share in the voice biometric solution market because the U.S. is considered as a highly developed country in terms of technological innovations and adoptions.
In terms of new opportunities, Asia Pacific is expected to witness healthy growth during the forecast period. Increasing awareness of voice biometric technology as well as adoption of advance and technological solutions in the biometric industry across countries such as Singapore, India, South Korea, Taiwan, China, Malaysia, and Thailand is expected to offer prominent opportunities to the voice biometric solution market.
Global Voice Biometric Solutions Market: Competitive Dynamics
The research study includes profiles of leading companies operating in the global voice biometric solution market. Some of the key players profiled in the market include Agnitio SL., Bioid Ag, Nuance Communications, OneValult, VoiceTrust Ag.,ValidSoft, Ltd,VoicePass Technology, VoiceVault, Voice Biometrics Group Limited, Qualcomm Technologies, Inc., Auraya Systems, Geamlto N.V. and Verint Systems.
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Industrial Wireless Sensor Networks Market By Manufacturers, Regions, Industry Analysis & Forecast By 2026

  June 05, 2020    No comments
The industrial wireless sensor networks market is projected to witness strong growth during 2018-2026 with a robust CAGR of 12.3%. The market is poised for growth as application like automation, monitoring, and control continues to drive demand from agriculture, manufacturing, construction, among others. The rising demand for environmental monitoring, commercialization of agriculture, and rise of essential protocols like location-based service is expected to drive growth.
Moreover, supporting infrastructure ike low cost Bluetooth technology, growing precision in location based service with devices like beacon and radio collars, and mobile assets are expected aid growth in the near future.
Application Specific and Easy-to-Use Control Remain Major Advantages for End-Use Industries
The global industrial wireless sensor market is expected to witness a surge of demand from various industries including IT, oil and gas, healthcare, automotive, and others. The easy-to-use nature and application specific nature of the technology remains important for a wide variety of industries. Wireless sensors remain important for the burgeoning IT industry as various new technologies like IoT, Artificial Intelligence, and Virtual Reality benefit tremendously from the application wireless sensors.
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Additionally, technologies like AI used in warehouses of Amazon requires the use wireless sensors for both increasing productivity as monitoring for safety. Amazon, the e-commerce giant also opened fully-automated retail stores with the help of industrial wireless sensor network technology. The growth of automation in retail can enhance various aspects of automation as the technology is at the forefront of human interaction and promises to bring in new insights for growth.
Automotive to Remain a Challenge and a Great Opportunity  
The automotive sector has witnessed several lows and highs in recent time. On one hand, global economic slowdown impacted sales in major markets like the US. Additionally, the push for greener fuels ultimately resulted in major innovations in both commercial transport vehicles, as well as passenger vehicles. The rise of electric vehicles is a major opportunity for automakers. Most major manufactures are planning to release electric versions as the competition heats up and emission goals come to the forefront.
The increasing automation in factories as well as in the driving aspect remains a major challenge and source of opportunity. On one hand, it promises a new base of consumers who are awed by next-gen vehicles. On the other hand, trends like rent-a-vehicle are changing the way people use cars globally. In regions like North America, the growth will remain robust as owning a car is essential for most. However, in cities, the growth of automobile remains a challenge.
Asia Pacific Region to Remain Lucrative for Growth
The industrial wireless sensor market remains lucrative for growth as manufacturing, trends like 3D printing continue to promise new in-roads in efficient and productive manufacturing. Additionally, technologies like 3D printing also promise new innovation in automotive, manufacturing, and IT sector. The rising manufacturing in Asia Pacific promises new opportunities for players in the industrial wireless sensor market.
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Thyristor Market Development Analysis to 2018 – 2026

  June 05, 2020    No comments
The global thyristor market was valued at US$ 4,035.0 Mn in 2017 and is projected to register compound annual growth rate (CAGR) of over 7.0% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Thyristor Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” The report suggests that the rising population and urbanization is likely to spur the demand for thyristors in the coming years (2018 to 2026).
Other factors such as replacement of aging infrastructure and government initiatives are also expected to help the market expand rapidly. As key players introduce new thyristors and features in developed markets such as North America, Europe, and Asia Pacific, these regions are likely to account for dominating share of the global thyristor market. Growing demand for thyristors from the consumer electronics sector in emerging markets such as China and India is likely to boost growth of the Asia Pacific thyristor market at a growth rate of around 8.4% from 2018 to 2026.
Replacing aging infrastructure to affect the expansion of the market worldwide
The replacement of aging infrastructure especially in the energy sector is likely to drive the thyristor market. Thyristors are much more efficient than their substitutes and replacement of older equipment is likely to spur the market growth.The increased efficiency of thyristors during transmission and distribution of power also provides considerable cost savings.Thyristors have a higher penetration in developed economies as compared to developing economies.
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Thyristors are adopted more in consumer electronics around the globe
Based on application, the global thyristor market is segmented into industrial electronics, consumer electronics, communications, and automotive electronics. By 2026, the consumer electronics segment is expected to hold about one third of the total market and expand at a rapid rate throughout the forecast period.Thyristors not only improve efficiency, but also reduce maintenance cost compared to conventional solutions.
In terms of power rating, the market is segmented into below 500MW, 500-999MW, and above 1000MW. Primarily driven by the demand from urban regions, the 500-999MW segment held the major share of the revenue in 2017. On the other hand, the below 500MW segment is anticipated to expand at a rapid pace due to the increasing demand from increasing population around the world.
Asia Pacific is the leading contributor to the thyristor market
In terms of value, Asia Pacific was the leading contributor to the global thyristor market in 2017. The contribution is primarily due to the increased adoption of thyristors with the presence of well-established players across the region, especially in China and Japan. Asia Pacific is also expected to emerge as the region showcasing the highest CAGR. Furthermore, the region is witnessing high adoption of thyristors because of the increasing demand for energy to support local manufacturing units.
Major players in the thyristor market include ABB Ltd, Siemens AG, Schneider Electric SE, Eaton Corporation Plc., Honeywell International Inc., Analog Devices, Inc., STMicroelectronics N.V.,Infineon Technologies AG, ON Semiconductor, and Fuji Electric Co., Ltd.
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Point-of-Sale (POS) Terminals Market by Suppliers, Consumption, Application and Overview

  June 05, 2020    No comments
According to a new research report by Transparency Market Research (TMR), a leading market research and intelligence firm, the global point-of-sale (POS) terminals market is reporting a considerable increase in its valuation. The increasing uptake of mobile POS in the hospitality and retail sectors is the key factor behind the growth of this market.
According to TMR, the global point-of-sale (POS) terminals market will proliferate at an impressive CAGR of 12.90% during the period from 2018 to 2026. The opportunity in this market is predicted to reach US$26.04 bn by the end of the forecast period. On the flip side, the lack of awareness among consumers, especially in developing countries, may limit the usage of POS terminals in the years to come.
Nonetheless, the low total cost of ownership (TCO) in comparison with conventional payment channels will balance the effects of these hindering factors in the long run. Apart from this, the advent of multimodal payment systems, such as card payment and cashless payment systems, is also expected to support the worldwide point-of-sale (POS) terminals market, states the research report.
North America Continues to Lead Global Point-Of-Sale (POS) Terminals Market
On the geographical basis, the worldwide point-of-sale (POS) terminals market reports its presence across North America, Europe, the Middle East and Africa, Latin America, and Asia Pacific. North America has been leading the global market, thanks to the significant uptake of POS terminals across a number of industries, such as entertainment and retail. Researchers predict this regional market to continue on the top throughout the forecast period, owing to the high demand for POS solutions across the U.S. and Canada. The significant rise in retail stores casinos, and quick service restaurants in this region is fueling the demand for POS terminals, states the research report.
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Among other regional point-of-sale (POS) terminals markets, Europe and Asia Pacific are projected to witness a sizeable rise in their market spaces. While the Europe point-of-sale (POS) terminals market is benefitting from the increasing compliance requirements due to the rising penetration of MasterCard, EuroPay, and Visa (EMV), Asia Pacific is gaining from rapid commercialization. The expansion of the retail and the hospitality sectors is also expected to support the Asia Pacific point-of-sale (POS) terminals market in the years to come, reports the study.
Leading Players to Focus on Integrating Advance Features in Products
The global point-of-sale (POS) terminals market is witnessing a high level of competition among leading players. The presence of a large pool of players has kept the business landscape fragmented while the continued entry of new participants is adding significantly to the increasing level of competition. Panasonic Corp., Ingenico S.A., Toshiba Corp., PAX Technology Ltd., NEC Corp., MICROS Systems Inc., Cisco Systems Inc., VeriFone Systems Inc., Hewlett-Packard Co., and Samsung Electronics Co. Ltd. are some of the prominent players in this market. These companies are focusing on incorporating advanced features, such as sensors and data theft security systems, in their products to improve their presence in the global market.
Moving forward, these players are projected to shift their focus on developing markets with untapped potential opportunities. The market is undergoing an increased influx of new participants, especially software providers, which is likely to intensify the competition in this market over the next few years. The key companies may engage into strategic collaborations with smaller players to cut this competition in the near future, reports the market study.
The review is based on a report by Transparency Market Research, titled “Point-of-Sale (POS) Terminals Market (Type - Fixed POS Terminals, Wireless, Mobile POS; Component - Hardware, Software (On-premise and Cloud), Services (Installation, Implementation, Consulting); Industry - Restaurant, Hospitality, Healthcare, Retail, Warehouse / Distribution, Entertainment) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026.”
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Ceramified Cable Market Consumer Needs, Trends and Drivers Analysis and Forecast to 2026

  June 05, 2020    No comments
According to a new market report on the ceramified cable market, published by Transparency Market Research, the global ceramified cable market is expected to reach US$ 277.0 Mn by 2026, expanding at a CAGR of 5.2% from 2018 to 2026. According to the report, the global market is anticipated to be influenced by a range of macroeconomic and industry-specific factors. Europe is expected to be at the forefront of global demand, with the market in the region growing at a CAGR of 5.8% through 2026. Applications of ceramified cables in fire and smoke detection systems are anticipated to significantly drive the global ceramified cable market.
Ceramified Cable Market: Scope of the Report
The global ceramified cable market is broadly segmented by voltage level, application, and end- use industry. Based on voltage level, the market has been segmented into Low Voltage (Less Than 600V), Medium Voltage (600V to 69kV), and High Voltage (Greater Than 69kV). Based on application, the market has been segmented into fire and smoke detection systems, emergency lighting and signage, emergency communication, rescue elevators, emergency generators, and others. The market is further segmented on the basis of end-use industry into building, industrial, transit, and others.
The major factors governing the growth of the ceramified cable market is the increasing adoption of these cables in highly temperature sensitive applications, fueled by the strict government regulations to enhance the safety of residential and industrial areas. Another factor aiding the growth of the market is the cost and technical advantages offered by these cables as compared to other competitive products.
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According to the research study, the fire and smoke detection systems segment contributed the dominating share to the global market and are analyzed to expand at a prominent growth rate during the forecast period. The applications of ceramified cables in emergency generators is anticipated to follow the fire and smoke detection systems and is anticipated to witness a compound annual growth rate of 5.1% during the forecast period. Europe held the largest market share in terms of revenue and volume in 2017, due to increasing focus on improving safety in critical application areas, for instance high rise buildings, which require longer duration for evacuation in case of fire emergencies. Moreover, the market in Europe is anticipated to grow at a remarkable compound annual growth rate during the forecast period, followed by Asia Pacific.
Global Ceramified Cable Market: Competitive Dynamics
Some of the key players in the ceramified cable market are Wacker Chemie AG, Siccet SRL, CavicelS.p.a., Prysmian Group, Nexans S.A., Marmon Engineered Wire & Cable (VITALink), Tekab Co. Ltd., Birtas Instrumentation Cables, Bhuwal Cables Ltd., and KEI Industries Limited. Companies are focusing on expanding their business through strategic acquisitions and partnerships with several end-use industries.
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Machine Condition Monitoring Market Demand and Opportunities 2018-2026

  June 05, 2020    No comments
The global machine condition monitoring market was valued at US$ 2,212.3 Mn in 2017 and is anticipated to expand at a stable CAGR of 8.1% during the forecast period 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘Machine condition monitoring Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’
Advantages offered by machine condition monitoring, increased adoption of vibration sensors, increase in equipment performance and productivity, rise in the adoption of machine condition monitoring in the automotive industry, rise in online machine monitoring, and increase in equipment performance and productivity have increased the penetration and growth of the global machine condition monitoring market. The market in Asia Pacific is likely to expand at a rapid CAGR of 8.6% due to numerous technological innovations in equipment condition monitoring systems.
Rise in Demand for Online Monitoring to Drive Market Growth
Rise in predictive maintenance and need for accurate and time-efficient analyses of data have increased the demand for online machine condition monitoring globally. Manual collection of data can be performed only a limited number of times. On the other hand, online monitoring can collect large amounts of data at frequent points avoiding chances of human miscalculation in data collection. Numerous players from North America are continuously involved in acquisitions in order to offer advanced machine condition monitoring to people who need the information on machine conditions in a timely manner. In September 2018, Azima DLI, a provider of predictive machine condition monitoring and analysis services, launched ‘WATCHMAN,’ its portable online intensive care condition monitoring system that can be quickly deployed by personnel in machines. Key trends prevalent in the global machine condition monitoring market are integrated machine condition monitoring system, technological advancements, cloud technology, wireless condition monitoring, and strategic collaborations.
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Increasing Adoption of Vibration Monitoring is Expected to Drive Growth of the Machine Condition Monitoring Market
In terms of type, the market has been divided into thermography, vibration monitoring, lubrication oil monitoring, acoustic emission monitoring, ultrasound monitoring, corrosion monitoring, current signature monitoring, and others. The vibration monitoring segment is anticipated to dominate the market due to rise in adoption of vibration sensors for assessing equipment condition.
Vibration monitoring provides analysis of the overall vibrations of components or machinery in order to observe abnormalities that may indicate faults. Furthermore, potential advantages of machine condition monitoring such as improved efficiency, increased machine availability and reliability, extended operational life, reduced costs, and improved safety are driving the global machine condition monitoring market. The vibration monitoring segment is anticipated to expand at a significant CAGR of 8.6 % during the forecast period. The lubrication oil monitoring segment is projected to expand at a significant CAGR over the forecast period, owing to the increasing use of lubrication oil as it plays an important role in early machine failure detection.
Rise in Adoption of Machine Condition Monitoring Systems due to Technological Advancements and Increase in Adoption of Predictive Maintenance in the U.S., Germany, China, South Africa, and Brazil to Create More Opportunities in the Market
Geographically, the global machine condition monitoring market has been divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. In 2017, Asia Pacific was the topmost revenue generating region, followed by North America. This is mainly attributed to advancements in technology and wide use of predictive maintenance techniques in various industries in order to determine the condition of equipment and foresee when and where maintenance is needed. The machine condition monitoring market in Asia Pacific is expected to expand at a rapid CAGR of 8.9% over the forecast period. China held a significant share of the market in Asia Pacific in in 2017 in.
The market in the country is estimated to expand at a considerable CAGR during the forecast period. The market in North America is anticipated to expand at a significant CAGR during the forecast period, owing to the continuous technological advancements in wireless technology and remote monitoring. The market in Europe is anticipated to show substantial growth throughout the forecast period, due to a rise in the adoption of machine condition monitoring systems in the automotive industry and presence of a significant number of market players in the region. The market in Middle East & Africa and South America is expected to expand at a substantial pace due to the rise in government funding in the regions.
ALS Limited, Brüel & Kjær Vibro GmbH, SKF, Emersion Electric Co and F. Honeywell International are Likely to Continue to Lead the Global Machine Condition Monitoring Market
The company profiling of key players in the global machine condition monitoring market includes company overview, major business strategies, SWOT analysis, and market revenues for years 2016 to 2018. The key players profiled in the global machine condition monitoring market report include ALS Limited, Brüel & Kjær Vibro GmbH, Emerson Electric Co., Fluke Corporation, General Electric, Honeywell International, Meggitt SA, National Instruments, Parker Hannifin Corp, PRÜFTECHNIK Dieter Busch AG, Rockwell Automation, Inc., and Schaeffler Technologies AG & Co. KG, SKF. Various players are introducing machine condition monitoring systems with cloud technology and establishing partnerships with other players to meet the continuously growing demand for accurate and reliable equipment condition monitoring.
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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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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 ...