Thursday, 18 June 2020

Programmable Logic Controller (PLC) Market Companies With Size, Regions, Trends

  June 18, 2020    No comments
Programmable Logic Controller (PLC) technology is not recent in the industry, and is still in usage at a great extent by manufacturing companies. Programmable Logic Controller smoothens the mechanical automation process in manufacturing units and construction buildings. Due to its dynamic development, sequential control, counters and timers, ease of programming, reliable controlling capabilities, and ease of hardware usage; Programmable Logic Controllers are also utilized in various control system areas.
Market Overview:
Programmable Logic Controllers (PLC) in industrial automation supports machine movement on an assembly line. Programmable Logic Controllers has been an integral part of automation and control systems across many industries, and is expected to remain the same even with the advent of new technologies such as Process Automation Controllers (PACs) and other advanced computer-based controls. Programmable Logic Controllers are significantly applied in industries, and helps in eliminating hard wiring associated with conventional relay control circuits, enhancing the productivity. Constant emphasis on product innovation in industrial automation has linked the gap between functional capabilities of discrete control system and Programmable Logic Controller (PLC).
Market Dynamics:
One of the major factors for growth in this market is the end-user. Most of the maintenance or automation technicians do not have appropriate know how of scripted languages and are comfortable with using Programmable Logic Controllers.  Process Control PLC market is anticipated to witness constant growth over the estimated period. As the popularity and growing need of modified or customized Programmable Logic Controllers surge, the market will grow considerably. Modified Programmable Logic Controls provide solutions for process complexity, space limitation, and demanding industrial environment, along with stability, reliability, and interoperability.
Conversely, rising prices of Programmable Logic Controls (PLC), and lack of skilled personnel for advanced Programmable Logic Controllers; are the major restraints to the market growth during the forecast period.
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Development of customized PLCs for application in various industries, represent significant opportunity for the PLC manufacturers.
Market Segment:
Programmable Logic Controls (PLC) market is segmented on the basis of product type, end user industries, and regions.
On the basis of product type, Programmable Logic Controls (PLC) market is segmented into Unitary PLCs, Modular PLCs, and Rack mount PLCs. Unitary Programmable Logic Controls segment, due to its cost-effectiveness, small size, and less downtime; has been considered as the major PLC segment.
On the basis of end user, Programmable Logic Controls (PLC) market is segmented into Process Industry, Discrete Industry, and Building Automation. Process industry segment has dominated the global Programmable Logic Controls (PLC) market, and is expected to continue the same during the projected period.
On the basis of application, the Programmable Logic Controls (PLC) market is segmented into Automotive, Paper & Pulp, Water & Waste Water Treatment, Chemical & Petrochemical, Food & Beverages, Energy & Utilities, Oil & Gas, Pharmaceutical, and others.
On the basis of geographical regions, the Programmable Logic Controls (PLC) market is segmented into seven different regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific region, Japan, and Middle East and Africa. MEA has dominated the Programmable Logic Controls (PLC) market and is expected to continue to manage its position in the forecast period as well. European region is highly dependent on automotive industry and is predicted to make heavy investments, which will boost the market for Programmable Logic Controllers and create various growth opportunities for wholesalers in the region.
Key Market Players:
Some of the key players in the global Process Control PLC Market are Rockwell Automation, OMRON, Panasonic, Toshiba, Mitsubishi Electric, Delta Electronics, Siemens, Schneider Electric, Honeywell, ABB, Beckhoff Automation, Hitachi, Electronics and Yokogawa, KEYENCEK, Fuji Electric, IDEC, Bosch Rexroth, Eaton, and GE.
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Wednesday, 17 June 2020

Transportation Management Systems Market to Grow at Robust CAGR in the COVID-19 Lockdown Scenario

  June 17, 2020    No comments
According to a new market report published by Transparency Market Research the global market for transportation management systems, which stood at US$ 12,249.9 Mn in 2018, is anticipated to expand at a healthy CAGR of 14.3% during the period from 2020 to 2030, increasing the opportunity in this market to US$ 59,748.5 Mn by the end of the forecast period. The transportation and logistics application segment has emerged as the key end user of transportation management systems and is expected to retain its position over the next few years.
Growing Popularity of Software-As-A-Service Based TMS Solutions are driving the global transportation management systems market:
“Increasing use of cloud computing technologies for managing supply chain activities is one of the major trends prevailing in the transportation management systems market across the globe,” says the author of this report. Fast and easy deployment, limited capital expense, and better total cost of ownership as compared to on-premise software delivery model are driving end-users towards cloud-based TMS solutions. The growing popularity of software-as-a-service (SaaS)-based TMS solutions is the major factor driving the TMS sales growth. Growing preference for SaaS-based TMS solutions among logistics and transport companies is due to the benefits offered such as easy and quick installation and low total cost of ownership.
Other factors including growth in the intermodal transport and growing need to replace traditional and aging transportation management solutions is expected to support the demand for advanced transportation management systems, fueling the market momentum. However, lack of awareness regarding benefits associated with advanced TMS capabilities among end-users has hampered the growth of the TMS market. Advancements in the cloud computing and integration of Radio Frequency Identification (RFID) technology in transportation management solutions is offering lucrative opportunity for the growth of the global transportation management systems market over the forecast period from 2020 to 2030.
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Transportation Management Systems market: Scope of the Report
In terms of geography, the research report categorizes the global market for transportation management systems into North America, Europe, Asia Pacific, the Middle East and Africa and South America. Additionally, the report presents an exhaustive analysis of the global transportation management systems market, based on the performance of the regional markets. Among all the regions, the major share in this market was acquired by North America and Europe. Factors such as gradually improving economic conditions, increasing desire of shippers to ensure supply chain visibility, supply chain optimization, and continual advancements in software are collectively driving the transportation management systems market across the globe.
North America was the largest regional market for transportation management systems, and the growth in this region is driven by increasing demand for cloud-based on-demand TMS software solutions. However, Asia Pacific is expected to witness maximum growth over the forecast period on account of favorable trade environment and growth in intermodal transport in the region.  Countries in this region, such as China, India, and Japan are expected to offer lucrative growth opportunities to the growth of the TMS market, largely due to expansion in the logistics network, supported by the favorable trade environment in the region. Thus, growth in the logistics network and the growing need to ensure operational efficiency and supply chain visibility is expected to trigger the adoption of TMS solutions in the region.
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Smart Airport Market to Make Great Impact in near Future by 2019-2027

  June 17, 2020    No comments
According to a new market report titled Smart Airport Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’ published by Transparency Market Research rise in demand for automated and self-service processes and increasing number of air passengers leading to high airport traffic are the major factors driving the smart airports market. Globally, the smart airports market is anticipated to expand at a CAGR of 13.0% during the forecast period from 2019 to 2027.
Smart Airport Market: Scope of the Report
The global smart airport market can be segmented –based on infrastructure, application, solutions and services. Based on infrastructure, the market can be classified into endpoint devices, communication systems, passenger, cargo and baggage handling, air traffic control systems, security systems, and others. The security system segment is anticipated to dominate the market in terms of investment during the forecast period. The expansion of the security systems segment is likely to be driven by rising demand for biometric devices by airports for the identification and checking process. Based on solution, the market can be segmented into terminal side, airside, and landside.
The expansion of the terminal side segment is expected to be driven by rising demand for digital video surveillance and management solutions by airports to enhance the security and productivity of the workplace. In terms of application, the market can be split into core and business application segments. Based on service, the smart airport services market can be classified into smart transport and parking, smart retail, hospitality, and entertainment, smart workplace, smart airport processes, and smart business-to-business services. The smart airport processes segment is expected to expand owing to high demand for location-based, terminal-side, and landside services. Moreover, the rise in penetration of smartphones and tablets is playing a major role in changing the outlook of smart airports. Effective customer service differentiation and cost reduction are the two main benefits provided by the presence of mobile check-in facilities.
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Rise in Demand for Automated and Self-service Processes is driving the Global Smart Airports Market
Demand for automated and self-service processes is on the rise due to increasing number of passengers at airports and the rise in need for effectively managing airport operations. This is, in turn, driving the requirement for upgraded solutions that would ease and allow automation of the processes at airports. A majority of airports are now focusing on self-service solutions and adopting new technologies such as robotics kiosk, facial recognition, automated passport control, and others to manage airport operations effectively. Companies are also introducing advanced technology solutions and systems in the market and are investing heavily in digital technologies and IT to provide value added services to customers. Rising demand for various technologically-advanced communication systems, non-aeronautical systems, and security systems is anticipated to boost the market over the forecast period.
Global Smart Airport Market: Competitive Dynamics
The research study includes profiles of leading companies operating in the global smart airport market. Some of the key players in the smart airport market are SITA, Amadeus IT Group SA, IBM Corporation, Vision-Box, Siemens AG, Honeywell International, Inc., CISCO System, Inc., Thales Group, ESA, S.A.S., and Lufthansa Systems GmbH & Co. KG. Business strategies being adopted by the market leaders are largely focused on business expansion by offering cost-effective ICT infrastructure to midsized airports including smart connectivity and improving airport experience, and enhancing the product and service offerings through R&D. Leading players are currently focusing on integrating products to create a new customer base. As a part of this strategy, companies are engaging in various strategic partnerships and acquisitions.
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Internet of Things Market Trends And Worldwide Outlook To 2027

  June 17, 2020    No comments
Proliferation of high speed networking technologies and rise in volume of connected devices has allowed potential end-users to adopt IoT technologies to leverage opportunities tapped behind the data silos. Either as part of their strategy to enhance customer experience or optimize the processes at back end, direct or indirect monetization of data has been a trend gaining traction in recent years among the consumer facing verticals or those with high capital investment. Though acceptance of IoT has being slow on consumer front due to reasons associated with privacy and cost of these devices, industrial sector has been forerunner, in particular the utilities, automotive, logistics and smart manufacturing. With more network operators entering the filed, ample opportunities for customers are created to leverage on scale of deployment they require.
According to a new market research report published by Transparency Market Research entitled “Internet of Things Market (By technology- Zigbee, Bluetooth Low Energy, Near Field Communication, Wi-Fi, RFID, By Application- Media, Manufacturing, Medical and Healthcare, Consumer Application, Energy Management, Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2020 – 2027,” the global Internet of Things market is expected to reach US$ 2,746.32 Bn by 2027. The market is anticipated to expand at a CAGR of 21.7% during the period from 2020 to 2027.
Global Internet of Things (IoT) Market: Overview
The internet of things (IoT) market has made giant strides in growing potential use of the related technologies in various applications in end-use industries. The growth of the internet of things market is increasingly propelled by the growing use of advanced analytics and machine learning technologies to make sense of staggering volumes of data from connected devices. High advances related to data security technologies and processing methods in various parts of the world has resulted in enterprises embracing advanced technologies and automation as part of strategy to optimize resource utilization. Furthermore, the rapid enterprise migration to cloud-based services from legacy systems has made IoT data more useful for end users, especially among small- and medium enterprises. The rising adoption of artificial intelligence in connected devices has made real-time use of IoT data more useful. Moreover, the global IoT market is gaining increasing momentum from rapid advances made in wireless networking technologies.
ZigBee use in Low-Bandwidth Application Areas account for Prominence of Technology
The internet of things market is notably fueled by advances in high communication protocols, with industrial application areas benefitting the most. The various technologies whose prospects are evaluated in the report are ZigBee, near field communication (NFC), radio-frequency identification (RFID), Bluetooth, and Wi-Fi. Of these, ZigBee is expected to hold substantial shares in the global internet of things market. In the coming years of the assessment period, the segment is expected to lead. The rising use of ZigBee in IoT applications that need low-power and low-bandwidth is fueling the expansion of the market.
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The various applications areas covered in the analyses are media, manufacturing, medical and healthcare, consumer application, and energy management. Of these, the medical and healthcare application segments are prominent segments and is expected to show promising growth trajectories over the assessment period.
North America to generate Substantial Chunk of Revenues in Global Market
The key regional markets for internet of things comprise Latin America, the Middle East and Africa, Asia Pacific, Europe, and North America. Of these, North America contributed the major share in the global market in 2018. The region is expected to hold its sway in the next few years as well. The growth is reinforced by the staggering pace with which end-use industries are adopting connected technologies. The presence of several globally prominent players domiciled in the region is also boosting the regional market. The U.S. will be contributing large shares in the North America market, driven by constant advances in communication protocols to be used in IoT.
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Internet of Things (IoT) in Healthcare Market Estimates Showing Surprising Stability in key Business Segments

  June 17, 2020    No comments
According to a new market report published by Transparency Market Research titled “IoT in Healthcare Market, By Component (Hardware [Portable {On-body Wearable, Others}, Non-Portable], Software, Services), By Application (Telemedicine, Medication Management, Clinical Operations, Patient Monitoring, Connected Imaging, Others), By End-Use (Hospitals, Pharmaceuticals, Clinics & Laboratories), By Technology (Bluetooth, Wi-Fi, NFC, Zigbee, RFID, Others) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 – 2027”. The global IoT in healthcare market is expected to reach US$ 469.4 Bn by 2027, expanding at a CAGR of 20.9% from 2019 to 2027. North America held the highest market share for IoT in healthcare market in 2019.
The internet connected devices has been introduced to monitor and diagnose patients in various forms. Tracking health information is vital for most of the patients whether the data comes from electrocardiograms, fetal monitors, blood glucose levels or temperature monitors. Most of these measures require follow-up interaction with healthcare professionals creating an opportunity for smarter electronic devices for delivering more valuable data by reducing the need for direct physician-patient interaction.
Most of the hospitals have started installing ‘smart beds’ enabling them to detect when the patient is attempting to get up and when it is occupied. It can also self-adjust to ensure the appropriate support and pressure is applied to the patient without manual intervention. Another benefit of IoT in healthcare is integration with home medical dispensers for automatically uploading data on cloud when medication which requires attention for cases when medication isn’t taken or any other case which requires the health professionals to be alerted.
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The IoT technology implementations is likely to raise concerns regarding data security and privacy. Most of the devices us secure communication methods with the cloud but can still be vulnerable to the hackers. The U.S. Food and Drug Administration has offered guidelines regarding the medical devices and asked regulators to monitor the connected devices used by the patients.
The IoT in healthcare market can be segmented into component, application, end-use, and technology. By component, the industry can be classified into hardware, software and services. The hardware component has been further classified into portable diagnostic devices and non-portable diagnostic devices. The portable diagnostic devices are further segmented into on-body wearable and others. By application, the industry is segmented into telemedicine, medication, management, clinical operations, patient monitoring, connected imaging and others. By end-use, the industry is classified into hospitals, pharmaceuticals and laboratories. The IoT in healthcare industry has been segmented into Bluetooth, Wi-Fi, NFC, Zigbee, RFID, and others which include cellular, satellite, Zwave, and EnOcean.
North America IoT in healthcare market is expected to continue its dominance over the forecast period. Growing digitization in healthcare management systems across major hospitals, clinics and healthcare institutions is expected to drive the IoT in healthcare market over the forecast period. The U.S. had the highest market share compared to Canada and Mexico catering the industry demand for North America region. Asia Pacific is expected to have the highest CAGR from 2019 to 2027. Emerging economies such as India and China is expected to support the demand by holding about 60% of the market revenue from these countries in the Asia Pacific region.
Key industry participants of the IoT in healthcare market are AdhereTech Inc., Cerner Corporation, IBM Corporation, Qualcomm Technologies Inc., Cisco Inc., General Electric Company, Ericsson AB, Honeywell International, Medtronic Inc., SAP SE, Vodafone and Zebra Technologies.  Some of the key factors attributing to the players are the global competitiveness, mergers and acquisitions and new product launches along with having forward and backward integration strategies.
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WebRTC Market - Top Participant To Focus On Regional Expansion

  June 17, 2020    No comments
According to a new market research report published by Transparency Market Research  titled ‘WebRTC Market (Platform Provider: Browser, Mobile, Unified Communication; Solution: Voice, Video, and Data Sharing; End-use Industry: Telecommunications, IT, Health Care, E-commerce, Education, Media & Entertainment, BFSI, and Others (Energy and Transportation)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 - 2026,’ the global WebRTC market is expected to reach US$ 54,944.9 Mn by 2026. The market is anticipated to expand at a CAGR of 17.9% during the period from 2018 to 2026. The global demand for WebRTC is expected to rise, largely due to a rise in its application in end-use sectors such as telecom, IT, e-commerce, and others.
In recent years, real-time Internet applications have been taken into consideration in order to provide quality of service (QoS) requirements. For real-time media, application designers are mainly concerned with temporal properties such as jitter, delay, bandwidth, and synchronization and reliability properties such as ordered delivery, error-free delivery, and fairness. In order to achieve such efficiency, industries across the globe are focusing on introducing real-time communication applications that can provide multiple advantages such as network reliability, security, efficiency, timeliness, and peer-to peer.
Interoperability is a major issue faced by the WebRTC market. Interfacing of edge devices might pose a challenge to their smooth functioning due to differences among vendors providing edge devices, service providers, and IP-PBX. Furthermore, virtualization across IT and network environments in the form of cloud services, network functions virtualization (NFV), and software-defined networking architecture (SDN) includes greater complexity and is challenging the competency of traditional operators in IT organizations.
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The mobile segment held a share of 49.0% of the global WebRTC Market in 2018. This is the result of increased adoption of smartphones. The mobile segment is expected to expand at a significant growth rate during the forecast period. This is due to a rise in smartphone penetration and preference of end-users for the mobile platform. Health care is anticipated to be a rapidly expanding segment of the market. It is expected to expand at a CAGR of 21.9% during the forecast period. Furthermore, in the health care industry, patients and doctors are adopting WebRTC solutions in order to reduce their commute to hospital also to improve mobility and device support. WebRTC solutions allow doctors and hospital staff to use collaboration suites everywhere to virtually treat patients. Additionally, WebRTC solutions provide customers with a click-to-call solution, which helps connect doctors and hospitals with patients. WebRTC solutions could be the first step in implementing a full electronic health system that can bring the doctor home.
In terms of end-user, the telecommunication industry dominates the WebRTC market. The Internet and app ecosystem have already driven disruption with VoIP, IM, and social networks taking consumer mindshare. WebRTC have brought bigger opportunities for the telecom industry. Traditional telecom players are focusing on reviewing obsolete business models and developing communications services and applications that meet real human needs. The BFSI, media and entertainment, and others (energy and transportation) segments are also estimated to expand during the forecast period.
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Broadcast Switchers Market Strategies and Forecasts, COVID-19 2027

  June 17, 2020    No comments
Transparency Market Research delivers key insights on the global broadcast switchers market. In terms of revenue, the global broadcast switchers market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global broadcast switchers market. As such, the global broadcast switchers market is projected to reach a value of ~US$ 2.5 Bn by the end of the forecast period.
A broadcast switcher is a hardware device used in video or movie production. It is used for selecting or switching different audio and video signals coming in from different sources. It plays an important role in the entire video transmission process and is an integral part of video broadcasting.
Switchers are of different types, such as production switchers, routing switchers, and master control switchers. They are used in control rooms, remote trucks, edit suites, etc. Switchers are a crucial part of the production of a complete broadcasting unit. By using broadcast switchers, broadcasters select the source of the video feed, route it, and make the workflow process of broadcasting more efficient.
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Global Broadcast Switchers Market: Dynamics
Increasing consumer adoption of HD and UHD technologies, rising number of digital channels, and growing focus on production automation are likely to fuel the global broadcast switchers market during the forecast period. Moreover, the production switchers segment is witnessing significant growth, owing to increased adoption of ultra HD technology.
Production switchers have combined capabilities of processing SD, HD, and 4K signals. They facilitate the bringing in of numerous feeds (presentation slides, audios, videos, etc.) and selecting which feed is to be sent live at any given moment. For instance, Blackmagic Design Pty Ltd. has developed ATEM Production Studio 4K, a new production switcher, to support high-quality ultra HD videos to cater to the demand for live production in sporting events, live concerts, conferences, etc. Integration across the value chain and minimizing production costs are crucial for the success of players in the broadcast switchers market.
Global Broadcast Switchers Market: Prominent Regions
North America is the dominant region of the global broadcast switchers market. This growth can be attributed to high investments in the broadcasting industry in the region and research & development activities by manufacturers and governments of countries in the region. The broadcast switchers market in Asia Pacific is estimated to witness significant growth during the forecast period, owing to growing digitization and economic growth in the region. Moreover, increase in sports broadcasting has led to a rise in the production of broadcast switchers in the region. These factors are likely to promote the growth of the broadcast switchers market in Asia Pacific at a rapid pace during the forecast period.
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Global Broadcast Switchers Market: Key Players
Key players operating in the global broadcast switchers market have been profiled in the market study. Some of the prominent players operating in the global broadcast switchers market include Blackmagic Design Pty. Ltd., Broadcast Pix, Inc., Evertz Microsystems Ltd., FOR-A Company Ltd., Grass Valley USA, LLC, Harris Broadcast, Ikegami Electronics U.S.A. Inc., NewTek, Inc., Panasonic Corporation, Ross Video Ltd., Sony Electronics, Inc., and Utah Scientific, Inc.
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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 ...