Tuesday, 16 June 2020

Smart Breath Analysis Device (Breathalyzer) Market to Register Exponential Growth During COVID-19 Pandemic

  • breath analyzer, or smart breathalyzer, is a device that detects the alcohol content present in the human body. Smart breath analysis device (breathalyzers) are mostly utilized for detect and measure the blood alcohol content (BAC) associated with alcohol and drug abuse cases. Moreover, smart breath analyzer is presently being widely used in the healthcare industry for detecting medical conditions of patients.
  • Smart breath analysis device is been evolving consistently, in terms of size, technology, and operational efficiency, in the last few years. These devices are currently embedded and integrated with technologies such as Wi-Fi and Bluetooth. These devices are also connected and synchronized with personal devices such as laptops, smartphones, and tablets. Compact smart breath analysis device enhance portability and enable users to connect them with multiple devices.
  • Smart breath analysis device is gaining popularity in hospitals and clinics in order to detect jaundice in babies, effectiveness of asthma drugs in patients, and lactose intolerance. Advancements in smart breath analysis device is helping the medical industry for early diagnosis of patients. Moreover, smart breath analysis device is also utilized in the detection of H. pylori infection and can also be used by consumers to track lung capacity and smoking cessation with the help of compact breathalyzers that can be paired with the user’s smartphone.
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North America is expected to be a prominent market for smart breath analysis device (breathalyzer) due to the high crime rate in certain areas and stringent drug testing regulations implemented by governments in the region. Rising awareness about drug trafficking in Asia Pacific has prompted governments to implement stringent rules & regulations in the region. This is estimated to boost the smart breath analysis device (breathalyzer) market in Asia Pacific.
Global Smart Breath Analysis Device (Breathalyzer) Market – Dynamics
Increasing laws and regulation by governments against alcohol and drug abuse
  • Rising incidences of drug and alcohol-related crime has fueled the demand for smart breath analysis device (breathalyzer), which can detect alcohol content in the body and help reduce such incidences. Increasing awareness about alcohol and drug abuse has prompted governments and regulatory bodies, such as the U.S. FDA and European Commission, to enact numerous laws. Moreover, rising integration of smart devices with breath analyzer devices is offering significant opportunity to the (breathalyzer) market. Additionally, innovative product offerings in medical applications are also expected to fuel the smart breath analysis device (breathalyzer) market in the near future.
Inaccuracy in results and hygiene concerns to hamper smart breath analysis device (breathalyzer) market
  • Advances in technology have also led to the development of devices that can trick or mislead breath analyze devices, thereby affecting the results obtained from these devices. This is projected to hamper the smart breath analysis device (breathalyzer) market.
Global Smart Breath Analysis Device (Breathalyzer) Market – Competition Landscape      
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Key Players Operating in Global Smart Breath Analysis Device (Breathalyzer) Market
  • AK GlobalTech Corporation
  • Quest Products, Inc.
  • MPD, Inc.
  • Lifeloc Technologies Inc.
  • Intoximeters, Inc.
  • EnviteC-Wismar GmbH
  • Drägerwerk AG & Co. KGaA
  • BACtrack, Inc.

Audio (Speaker) Test Systems Market to Register Incremental Dollar Opportunity During COVID-19 Crisis

  • An audio (speaker) test system is a wide-ranging test solution that offers reliable analysis of defects. Audio (speaker) test system specifically designed for high-volume quality control of pre-assembled parts and single- or dual-speaker components. It delivers an efficient and quick process for measuring the overall performance of an audio system.
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Increasing demand for 3D sound systems in various end-users driving audio (speaker) test systems market
  • 3D audio is becoming the future of game sound. Numerous gaming developers are shifting toward advanced 3D sound systems from the traditional 2D sound engines. These companies are incorporating specific advanced digital sound processing (DSP) and neuro-auditory research algorithms, which can be assimilated, directly into a game’s sound engine. For instance, in 2016, Microsoft Corporation introduced the Dolby Atmos’ 3D audio technology support, coupled with its Xbox One and Xbox one S gaming consoles, in order to enhance gaming experience of users. On the other hand, the cinema industry is also shifting toward 3D sound systems from 2D sound systems. Several companies such as DTS Inc., Auro Technologies, and Dolby Labs are witnessing high demand for their 3D audio technologies from cinema halls worldwide. For instance, Auro Technologies had successfully installed 600 AURO 11.1 3D audio home cinema systems in cinemas across the globe until 2017. On the other hand, Dolby Atmos has installed nearly 2,000 3D audio systems in cinemas across the world. Thus, increasing demand for 3D audio systems in various end-users is significantly driving the audio (speaker) test systems market.
Complex architecture and significant setup costs hampering global audio (speaker) test systems market
  • In order to install audio (speaker) test systems, the operator is required to follow certain specific measurement parameters including resonance frequencies f0, sound pressure level dbspl, speaker polarity, and DC resistance. These measurement parameters make the architecture complex and add cost to the setup. Thus, complex architecture and significant setup costs are hampering the global audio (speaker) test systems market.
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North America to hold a major share of global audio (speaker) test systems market
  • In terms of region, the global audio (speaker) test systems market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • North America is expected to hold a major share of the global audio (speaker) test systems market during the forecast period, due to increasing demand for use in infotainment systems and regulatory requirements in terms of adopting wireless devices, such as Bluetooth, in the automotive industry. This factor is led to the North America to remain dominate in the audio (speaker) test system market across worldwide.
  • Asia Pacific is expected to be the rapidly expanding market for audio (speaker) test systems during the forecast period, due to increasing adoption of high-quality audio systems across various industries such as gaming and media & entertainment in the region. This factor is led to the Asia Pacific to remain fastest growing in the audio (speaker) test system market across worldwide.

Green Technology and Sustainability Market business opportunity, and growth

The global green technology and sustainability market has wide range of applications ranging from carbon footprint management to sustainable mining and exploration. With such wide range of applications, the market is trying to introduce the concept of clean and sustainable energy that will not only help in the development of the respective application, but also would not hamper the environment. Due to the technological advancements and automated block chains, the manufacturers of green technology and sustainability solutions are in better position to serve any requirement from its end-user verticals.
Global Green Technology and Sustainability Market: Notable Developments
Most of the solution providers for green technology and the sustainability are consistently looking to develop more innovative products, solutions, and services. The vendors in the region are also opting for several other development strategies such as mergers, acquisitions, and partnerships. Such developments are expected to help the growth of the global green technology and sustainability market.
Some of the key developments in the global green technology and sustainability market are given below:
  • In July 2019, GE Renewable Energy announced that the company has entered into a partnership with Emrgy Inc. With this partnership GE Renewable Energy would offer Emrgy’s hydropower turbine to a larger audience base.
  • In July 2019, ehsAI announced that the company as agreed to join hands with Enviance. With this partnership, customers of Enviance would be able to leverage AI to swiftly capture complex regulatory permit information.
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Global Green Technology and Sustainability Market: Drivers and Restraints
There are numerous driving factors that have been acting as positive influences on the overall development of the global green technology and sustainability market. The biggest driving factor for the growth of the market is the benefit the technology offers. The benefit is of being less harmful for the environment. This is the reason behind its increasing adoption.
Due to industrialization and urbanization, the health of the environment has been constantly dwindling. With green technology and sustainability it helps the manufacturers to bring more stability to the environment. Naturally, the governments across the globe are encouraging its adoption. This has also been a huge factor behind the recent development of the global market.
Moreover, implementation of strict regulatory guidelines and mandates about environment protection are working in favor of the global green technology and sustainability market.
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Global Green Technology and Sustainability Market: Geographical Outlook
In terms of geographical segmentation, the global green technology and sustainability market has five key regions for the better understanding of its working dynamics. These regions are North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Of these regional segments, the global green technology and sustainability market has been currently dominated by North America.
The region is also expected to continue to lead the global market during the course of the forecast period of 2019 to 2027. The growth of the North America market is because of the maximum developments and innovation in this space. On the other hand, Asia Pacific region is expected to show a high potential for growth during the forecast period. With emerging economies such as China and India investing heavily on overhauling their domestic infrastructure, green technology and sustainability solutions are key for their growth. This is expected to present several lucrative opportunities for the market players and thus help in the development of the regional market.

Commercial Building Automation Market - Impact Of Covid-19 And Benchmarking

The global commercial building automation market is growing at a significant rate as the need for energy-efficient buildings in increasing. Companies and governments of various regions have shifted their focus on constructing green building which has led to the growth of commercial building automation market. Various initiatives such as mergers and acquisitions, launching improved products, and penetrating into new markets played a crucial role in the development of commercial building automation market. 
The market is highly fragmented owing to the presence of large number of regional players. Few of the prominent players operating in the global commercial building automation market include Honeywell International Inc. (U.S), ABB Ltd. (Switzerland), Ingersoll Rand Plc. (Ireland), Robert Bosch GmbH (Germany), Hubbell Inc. (U.S), Siemens AG (Germany), Johnson Controls International plc. (U.S), Schneider Electric SE (France), and Cisco Systems Inc. (U.S) among others.
The commercial building automation market was valued at US$77.63 billion in 2016 and is anticipated to reach at US$108.49 billion by the end of 2024 globally. The market is expected to grow at a CAGR of 4.3% steadily during the forecast period. According to product segment, the global commercial building automation market is bifurcated into interfacing components, HVAC systems, light sensors, power supply, security & surveillance, and room automation. Among these, HVAC system segment is likely to dominate the market in the forecast period. As per material, temperature and lighting control segments are expected to retain their positions in the forecast period 2015-202 too.
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The global commercial building automation market is divided into different regions which include Europe, North America, Asia Pacific, and some other regions.  Europe and North America are anticipated to hold the majority market share throughout the forecast period. Energy-efficiency and cost-effectiveness is one of the main driving factors for the growth of commercial building automation market in North America and Europe. Also, Asia Pacific is expected to grow at a significant rate owing to the increasing demand for this market.
Construction Sector to Drive the Global Building Automation Market at a Significant Rate
The global commercial building automation market is expanding and is expected to see lucrative growth due to the continuous developments in construction sector. With the rising economic growth, demand for construction projects has increased across the globe. Regions such as Middle East and Africa possess a powerful base in terms of commercial building automation and therefore, is estimated to drive the market growth in the coming years.
Rapid development in the construction sector has also led to reduce volumes of materials coupled with less use of power. Adding to this, the governments have imposed various strict guidelines over the effective utilization of resources as environmental pollution has been increasing over past few years. This is estimated to positively impact the commercial building automation development in the coming years.
Low Investment Return and High-value to Restrict Growth of Commercial Building Automation Market
Although the market is growing worldwide yet there are some challenges faced by commercial building automation system. The cost involved in maintaining, operating, and installing these systems is higher. Due to these high costs, the new entrants are finding it difficult to penetrate into the market. Also, the low rate of return is impeding the adoption of commercial building automation to the end-users. In the coming years, this factor is predicted to create some issues for the small players in commercial building automation market globally.

Surface Acoustic Wave (SAW) Devices Market to Discern Steadfast Expansion During 2019-2024

Dominated by Murata Manufacturing Co. Ltd., TDK Corp., Taiyo Yuden, and Tai Saw Technology Co. Ltd., the global surface acoustic wave (SAW) devices market has been demonstrating a highly competitive landscape, states a report by Transparency Market Research (TMR). These players, collectively, accounted for a share of 58.2% in the overall market in 2015.
Hitherto, the leading players in this market have been concentrating on mergers, acquisitions, and partnerships with other companies, functioning in the same line of business in order to expand their business operations. However, over the forthcoming years, they are likely to shift their focus towards product innovation in a bid to gain competitive advantage over their competitors, reports the study.
According to the research report, the worldwide SAW devices market stood at US$1.9 bn in 2015. Progressing at a CAGR of 6.90% during the period from 2016 to 2024, the opportunity in this market is likely to reach a value of US$3.4 bn by the end of the forecast period. The demand for filters is much higher than other products in this market and is expected to remain so over the forthcoming years, thanks to their increasing application in keyless entry systems, satellite broadcasting, wireless communication modules, and cellular phones.
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Asia Pacific to Continue Witnessing High Demand for SAW Devices                                    
A geographical analysis of the global SAW devices market has also been presented in this market report. Asia Pacific, North America, South America, Europe, and the Middle East and Africa have been considered as the prime regional market for SAW devices in this research study. Asia Pacific, among these, has acquired the dominant position in the worldwide market and is anticipated to remain in this position over the period of forecast. The presence of a large pool of semiconductor companies in emerging nations, such as China, Japan, Taiwan, South Korea, and India, is the driving the growth of this regional market significantly.
Apart from this, the high concentration of the production facilities of telecommunication and consumer electronics enterprises in Asia Pacific, thanks to the availability of cheap labor and raw materials, has increased the demand for SAW devices in this region, which, analysts expect to remain so throughout the period of forecast. North America, which stood second in the worldwide market for SAW devices in 2015, is projected to retain its position in the years to come, thanks to the extensive application of these devices in a number of industries in this region.
Extensive Application of SAW Devices in Various Industries to Drive Growth
“The application of surface acoustic wave devices in various industries is expected to drive the market over the forthcoming years,” states an analyst at TMR. The increasing usage of these devices in communication, safety monitoring, and defense application is likely to boost the sales of these devices across the world in the near future.
Apart from this, the widespread application of SAW devices in electronic components, television and radio, geophysics, flow measurement, and micro fluids is also projected to reflect positively on this market over the forecast period. However, the lack of accuracy and compatibility in SAW devices may limit their demand in near future, negatively impacting the growth of this market, reports the Study.

Next Generation Processors Market to Generate Huge Revenue in Industry by 2024

The tremendous demand for next-generation processors across the globe has led to the emergence of several new vendors in the global market. These market players are trying their fortunes on the pretext of earning rewards through the growth of the electronics industry. However, it is difficult to challenge the strong position of the leading vendors in the global next-generation processors market, and the newbies are at a risk of toppling down.
The leading market players including Acer Group, Intel Corporation, and VIA Technologies, Inc, have risen to prominence in the global market for next-generator processors over the previous decade. The strong position of these vendors is vindicated by the enhanced performance of their processors, and these players are on the lookout for further improving their product offerings. These vendors are also expected to tap into the market of emerging economies such as India, China, and Japan.
Transparency Market Research finds that the global market for next generation processors would expand at an astral CAGR of 17.6% over the period between 2016 and 2024. Furthermore, the global market is expected to touch a value of US$165.27 bn by 2024, escalating up from a value of US$41.41 bn in 2015. The market in North America is expected to accumulate the highest revenues amongst all other regional pockets over the forthcoming years. By end-use, consumer electronics are projected to attract the highest demand within the global next-generation processors market.
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Growth of Internet of Things (IoT) Technologies to Bolster Demand
Several factors including the popularity of smart phones, intelligent buildings, and automated systems has led to the growth of the global market for next-generation processors. Furthermore, the tremendous advancements in the domain of internet of things (IoT) has also contributed to the growth of the global next-generation processors market. Besides this, the automotive industry has been steadfast in adopting smart electronics while manufacturing cars and other vehicles. Another key propeller of demand is the use of next-generation processors in ventilation systems, air cooling systems, and heaters.
The growth of gaming apps and smart TVs coupled with the efforts of the electronics industry to promote next-generation processors has also led to the growth of the global market. Lastly, the heavy reliance of the masses on electronics in every sphere of work shal prove to be a lauch pad for market growth in the years to come.

Process Analyzer Market to Generate Huge Revenue in Industry by 2024

In the last few years, the demand for process analyzers has scaled higher, thanks to their rising use across diverse industries. A process analyzer, coupled with other embedded advance electronic components, provides a cost-effective handling process, which is the foremost factor coercing manufacturers to invest in them.  High speed analysis and cost effecting handling process offered by process analyzers have increased their use in the processing of volatile organization components. Besides this, the market is gaining from the rising demand for chemical proceslyzers have esing equipment witnessed worldwide.  
As a result of the recent technological advancements, manufacturers could innovate novel product with better design and performance. Furthermore, these advanced models were more cost-effective. Considering such upgrades, the demand for process analyzers has considerably increased in the water and wastewater treatment market. Moreover, governments around the world are looking to provide clean water to their citizens thus providing an environment conducive to the growth of the global process analyzer market.
While high cost of installation and maintenance will create bottlenecks, the market will gain from the rising opportunities in Asia Pacific. Between 2016 and 2024, the process analyzer market is forecast to exhibit a CAGR of 9.1%. At this pace, the market will reach US$11.501 bn by the end of 2024, from US$5.29 bn in 2015.
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Oil and Gas Industry to Remain at the Fore as Largest End User
In terms of form factor, the global process analyzer market can be segmented into portable, standard, and rack mount. Of these, the standard process analyzers constituted the leading segment, trailed by rack mount process analyzers. The rising demand for organic materials to curb production expenses has had a positive impact on the process analyzer market. Polymers and papers are among the most commonly used organic materials in the process. The demand for portable process analyzers is expected to increase due to their low maintenance cost and easy operation facilities.
By end-use industry, the global process analyzer market can be segmented into chemical, oil and gas, pharmaceutical, power generation and transmission, food and beverage, and mining. Of these, the oil and gas segment held the dominant share of 54% in the market in 2015. The process analyzer technology is used in different verticals such as mineral or liquid separation, adding ingredients, and temperature control among others.
In the coming years the market is expected to witness rising demand from the food and beverage industry. In the food processing industry, analyzers are extensively used to measure raw ingredients and the physical and chemical nature of food. In the coming years, the demand for process analyzers is forecast to increase further in the food and beverage industry.
Asia Pacific to Continue Exhibiting Strong Growth as Regional Process Analyzer Market
Regionally, the global process analyzer market can be segmented into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific held the dominant share of 40.8% in the overall market in 2015 and is forecast to remain at the fore through the forecast period. While North America and Europe will remain lucrative pockets, saturation in the developed countries will coerce manufacturers to shift focus towards the leading economies of Asia pacific. For instance, in countries such as India, China, and Japan, the process analyzer market will witness lucrative scope for expansion. Besides these nations, the demand for process analyzers will remain high in France, Germany, the UAE, and the US. t through the forecast period.  verage industry.

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