Tuesday, 23 June 2020

Mobile Cobots Market Trends And Upcoming Forecasts 2026

  June 23, 2020    No comments
A mobile cobot (mobile collaborative robot) is an intelligent, transportable robot that can assist humans in a shared workspace. Mobile cobots are moving platforms wherein cobots are mounted on mobile robots. These are automated machines. It is an emerging technology that is capable of moving within a set environment. Apart from the manufacturing industry, mobile cobots are used for research and exploration. Currently, use of mobile robots has extended to the industrial sector. In the recent years, there has been a significant rise in the demand for industrial robots in the automotive sector.
This can be attributed to increasing customer demand for customization in their cars. Unlike industrial robots, collaborative robots are not dedicated to only a single task. Hence, manufacturers are now switching to collaborative robots. Inclination toward industrial automation is acting as a driver of the mobile cobots market. Robots have been utilized in industries for a long time. They have made the human work easier by running large industrial settings. Robots in factories have typically been large, caged devices that perform repetitive, dangerous tasks in place of humans. Moreover, rising labor costs in developing economies, mostly in material handling industries, are driving the demand for cobots. This is primarily due to economic growth of industrialized countries.
Global Mobile Cobots Market: Scope of Report  
The global mobile cobots market has been broadly segmented in terms of weight capacity, application, end-use industry, and geography. Based on weight capacity, the market has been segregated into 1 to 3 kg, 3 to 5 kg, and 5 to 10 kg. Among these, the 3 to 5 kg segment accounted for a major share of more than 50.0%, in terms of revenue, in 2017. The segment is anticipated to expand at a CAGR of 33.5% during the forecast period. In order to fulfill the global demand, various manufacturers of mobile cobots are currently focusing on research and development activities in order to invent advanced applications of mobile cobots.
Request PDF Sample@  
Cobots are gaining popularity among manufacturing companies and different industries. The primary factor boosting the global mobile cobots market is decline in costs of collaborative robots over the last few years. Upfront costs of cobots are 20% of those of traditional robots with an average payback period as short as six to eight months. Also, installation of cobots requires minimal investments and time.
In terms of application, the mobile cobots market has been classified into shelf units, conveyor belts, automated pallet forks, robotic arms, and safety units. In terms of revenue, the robotic arms segment accounted for a major market share of more than 40% in 2017 and it is anticipated to expand at a CAGR of 33.6% during the forecast period.
As per TMR analysis, in 2017, Asia Pacific accounted for the maximum i.e. more than 30% share of the global market, in terms of both revenue and volume. The Asia Pacific mobile cobots market is primarily driven by increased investments in modernization of infrastructure and continuously rising number of manufacturing facilities in the region, especially in developing economies such as South Korea and India. The mobile cobots market in Asia Pacific is expected to witness further innovations and advancements in the near future, as several leading manufacturers are investing in research and development activities. Furthermore, the rising demand for electronic products and increasing need to automate production in the region are driving factors for the market in Asia Pacific.
Global Mobile Cobots Market: Competition Scenario
The research study includes profiles of leading companies operating in the global mobile cobots market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Some of the key players operating in the global market are ABB Ltd, Aubo Robotics, Fanuc Corporation, Kawasaki Heavy Industries, Ltd., KuKa Ag, Precise Automation, Inc., Rethink Robotics, Robert Bosch, TECHMAN Robots, Universal Robots, and Yasakawa Electric Corporation. Various business strategies are being adopted by leading market players. Companies are focusing on expanding their business by forming strategic partnerships and offering innovative solutions.
Read More

Farm Tractor Market Major Drivers And Challenges 2020-2027

  June 23, 2020    No comments
According to a new market report published by Transparency Market Research titled “Farm Tractor Market (Less than 40 HP, 40 HP – 80 HP, 81 HP – 120 HP, 121 HP – 180 HP, 181 HP – 250 HP, More than 250 HP) – North America and Europe Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 – 2027,” the North America and Europe Farm Tractor market is expected to record sale volume of 650 thousands tractors by 2027. Furthermore the farm tractor market in the region is estimated to expand at a CAGR of 3.88 % during the forecast period from 2019 to 2027. Increasing demand for food, favorable government policies, growing farm mechanization and hobby farming are the key factors driving the growth of the farm tractor market in the region.
Comparing the two regions, North America farm tractor dominated the market in 2018 in terms of unit shipments. The market revenues from North America farm tractor market is estimated to be US$ 5.4 Bn in 2019. This is owing to positive growth in the U.S. farm tractor market which witnessed huge demand for medium tractors in below 40 HP- 80 HP horsepower category. However, higher horsepower segments exhibited marginal volume growth in the country.
Conversely, farm tractor market in Canada is estimated to witness steep decline in the shipments. This is owing to the frequent fluctuations and weakening of Canadian dollar. The farm tractor market across all the horsepower segments is estimated to witness a dip in 2019 as well. Moreover, all the major tractor manufacturers witnessed tough time in maintaining their market shares in the Canada, as large volume of local demand is met through imports, which escalates proneness to currency fluctuation.
Request PDF Sample@  
In 2018, Europe farm tractor market recorded shipments of 281 thousand units with Germany being the top contributor followed by France and the U.K. Additionally, Italy is anticipated to be a major contributor in the rest of Europe farm tractor segment. European countries including the U.K, Finland and the Netherlands, have relatively large (area) farms, and therefore farm tractor market above 40 HP is estimated to exhibit significant market share in these countries. However, in other European countries including Germany, small and compact tractor segment is anticipated to dominate the market. The presence of large farms, although in few numbers, is anticipated to generate demand for higher horsepower tractor segment during the forecast period till 2027. 
Farm tractor prices across all the horsepower segments witnessed high fluctuations in the Europe market as well. This is owing to frequent price adjustments from major farm tractor manufacturers to maintain their market shares in the region amidst weak sales forecast.
Tractor manufacturers are also working towards incorporating new technologies so as to differentiate their offering from others while adding value to products and services being delivered. This is seen as key strategy in the long run for players to retain their competitive position. Moreover, with expected proliferation of smart technologies in agricultural applications, this is seen as more of a need then the strategy to ensure sustainable growth in the long run.
The key players in the North America and Europe farm tractor market, profiled in the study include Deere and Company, CNH Industrial N.V., Kubota Corporation, SDF Group, AGCO Corporation, Class KGaAmbH, and Mahindra USA Inc. among others. It is estimated that these major players contributes more than 85% of the total farm tractor market in North America and Europe. Other players in the North America and Europe farm tractor market include Daedong USA, Inc., Argo Tractors S.P.A. and International Tractors Ltd. These players are focused on offering quality products at cost competitive prices.
Read More

Monday, 22 June 2020

Machine Vision Technology Market Future Trends and Growth Outlook

  June 22, 2020    No comments
The global machine vision technology market features an intensely competitive landscape with the presence of several global as well as regional players, finds Transparency Market Research (TMR). Technology developers are focused on research and development of cutting-edge machine learning technologies to bring innovations in the market. Numerous top players are engaged in constantly expanding their product portfolio to reap competitive edge over others and consolidate their shares in the global market. A growing number of players are capitalizing on emerging demand for advanced machine vision technologies to garner better returns on their investment, notes TMR.
TMR observes that several players are focused on introducing new product varieties to meet new and emerging demands for machine vision applications in several end-use industries. Top players operating in the machine vision technology market include Allied Vision Technologies Inc., Basler AG, Adept Technology Inc., ISRA Vision AG, Cognex Corporation, Microscan Systems Inc., Electro Scientific Industries Inc., Keyence Corporation, Seeing Machines Ltd., and Omron Corporation.
The global machine vision technology market is projected to expand at a promising CAGR of 8.40% during the forecast period of 2015–2021. The global market stood at US$15.7 billion in 2014 and is anticipated to display opportunities worth of US$28.5 billion by the end of the assessment period.
Request PDF Sample@  
The broad applications of machine vision technology comprise industrial and non-industrial, with the former segment holding the sway in the global market. This can be attributed to the extensive application of the technology in semiconductors for the past few years and the rising applications in the areas of packaging, automobiles, textiles, and electronics.
Geographically, Asia Pacific has emerged as the dominant regional market and is expected to hold its sway in the coming years as well. The rapid growth is driven primarily by the substantial strides being made by the automation manufacturing sector. The regional market is expected to garner a CAGR of 7.30% during 2015–2021.
Burgeoning Application of Technology in Automated Industrial Inspection and Quality Controls underpins Rapid Expansion
The global machine vision technology market is driven primarily by the rising adoption of automation in industrial processes world over and the burgeoning need for advanced quality controls in various industry verticals. The rising deployment of robotic systems in areas such as food and packaging, automotive, and pharmaceutical, and in numerous industrial applications is a key factor boosting the market.
The growing adoption of machine vision technology in lenience monitoring, component monitoring, and defect recognition is propelling the growth of the market. The attractive demand hinges on the marked effectiveness of the technology in inspecting test objects of complex patterns in end-use industries. The application of the technology is also catalyzed by the rising paucity of manual labor in inspection of industrial processes.
Request For COVID-19 Impact Analysis Across Industries -  
Rising Application in Automotive Sector holds Massive Potential
The market is expected to garner lucrative gains from the potential of machine learning and deep learning technologies to bring advanced automations in the manufacturing sector. The substantially rising application of the technologies in automobile manufacturing of a variety of components such as lead frames, microchips, and capacitors, is accentuating the market. The demand is majorly propelled by usage of the machine vision technology by automotive players in automatic image-based detection and inspection of test objects.
However, presently, the paucity of system integrators is a crucial factor that is hindering the market to attain its full potential. System integrators play a critical role for the implementation of machine vision technologies in industrial applications. On the other hand, the rising potential of smart-camera in machine vision systems, attributed to their flexibility to standards and mechanisms, has opened many a promising opportunities for market players.
The study presented here is based on a report by Transparency Market Research (TMR) titled “Machine Vision Technology Market (Product Type – PC-based Machine, Embedded Machine, and Smart Cameras-Based Machine; Application – Industrial (Semiconductors, Electronics, Packaging, Textiles, and Automobiles) and Non-Industrial (Security and Surveillance, Banking, Traffic Controlling, Lab Automation, and Medical Imaging)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015–2021.”
Read More

eDiscovery Market Demand Analysis and Projected huge Growth by 2022

  June 22, 2020    No comments
The global eDiscovery market demonstrates a highly consolidated business landscape, led by HP Autonomy, Guidance Software Inc., and IBM Corp., notes a new research report by Transparency Market Research (TMR). In 2014, these players acquired nearly 40% of the overall market and the scenario is expected to remain almost same over the next few years. The main focus of these players is on introducing technologically advanced solutions in the global market in order to expand their customer base. They are also expected to involve increasingly into strategic collaborations to strengthen their position in this market, states the market report.
According to the research report’s estimations, the worldwide market for eDiscovery was worth US$8.31 bn in 2016. Rising at a CAGR of 16.20% during the period from 2014 to 2022, the market’s opportunity is likely to touch US$21.08 bn by the end of the period of the forecast. Among components, eDiscovery services have been reporting a comparatively higher demand than their software counterpart. Expanding at CAGR of 16.20% between 2014 and 2022, the segment is expected to remain dominant over the next few years.
Generation of ESI in Massive Volumes on Daily Basis to Fuel Demand
“The high volume of ESI being generated daily is the main factor behind this significant rise in the global market for eDiscovery,” states a researcher at TMR. Nowadays, enterprises are emphasizing on incorporating cloud computing into their day-to-day operations and deploying social media platforms for further development, which consequently, are generating massive volumes of data.
Request PDF Sample@  
With the increasing number of government regulations that require companies and organizations to store their ESI in an organized manner, the demand for eDiscovery solutions is projected to increase significantly in the near future. However, companies are little dissuaded by the high costs associated with eDiscovery processes, which may reflect negatively on this market over the next few years, reports the market study.
North America to Retain Leadership
North America, Asia Pacific, Latin America, the Middle East and Africa, and Europe have been considered as the key geographical categories in the global market for eDiscovery. North America, with a large amount of electronically generated information, has surfaced as the most prominent regional market for eDiscovery across the world.
The pressure exerted by government authorities in relation with electronic media governance policies is likely to keep up the deployment pace of eDiscovery solutions in this region over the next few years, ensuring its future leadership, states the research report.
Read More

API Monetization Market Trends, Insights and Forecast 2026

  June 22, 2020    No comments
Application program interface (API) monetization plays an important role in unlocking the value of API programs and boosting their adoption globally. Monetization helps API providers reach beyond present business models, scale up API programs, and open new opportunities for developers, customers, and partners. API monetization plays a crucial role in billing facilities and creating billing documents. API monetization platform is creating significant opportunities for businesses, developers, and customers. It is also creating new market channels for end-users. APIs allow companies to grow beyond their enterprise boundaries and drive revenue generation through new business models.
They help organizations expand the reach of their business capabilities through rapid consumption of an existing model. They help in providing access to assets, thereby enabling new and innovative use of assets to generate additional revenue.  An API monetization platform helps in charging directly for an API, by call or subscription. It helps in using an API as an upsell opportunity, continuously increase revenue generating actions using your API, increase delivery through strategic partners and distributors, increase efficiency of operations and decrease its delivery time to market. Also some of the other benefits of APIs include faster customer onboarding, faster application building, testing of an application’s revenue potential, deeper access into data for better decision making and many more.
The API ecosystem essentially has three important stakeholders: API provider, API developer, and end-user/customer. The API provider chooses which business assets are under API and important for driving the success of API. The API developer uses API under given terms and conditions and supplies applications to the end-user. The end-user does not have access to the APIs but is benefitted from the use of app provided. API monetization options are divided into four categories: free, developer pays, developer gets paid, and indirect. The developer pays category can be further classified into freemium, tiered, points based, pay as you go, and transaction fee.
Request PDF Sample@  
Vendors offering pay as you go model include IBM Corporation and Amazon Web Services. Vendors offering freemium services include Compete and Dropbox. Vendors offering tiered services include vertical response and constant contact. The developer gets paid scenario includes sub-models such as revenue share, affiliate, and referral. The indirect category comprises content acquisition, content syndication, internal consumer, B2B customer, B2B partner, and business expansion. Major drivers helping the growth of API monetization platform include increasing adoption of smartphones, growing demand for IoT, and rising use of web-based APIs in enterprises globally.
The global API monetization platform market can be categorized based on type of monetization, enterprise size, application, end-user industry, and region. On the basis of type of monetization, the API monetization platform market can be classified into developer pays, developer gets paid, indirect. In terms of enterprise size, the global API monetization platform market can be split into large enterprises and small and medium enterprises (SMEs).
Based on end-user industry, the API monetization platform market can be segmented into individuals and enterprises. The enterprises segment can be further classified into hospitality, healthcare, transportation, retail, education, and others. In terms of region, the global API monetization platform market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Major players operating in the global API monetization platform market include Envato Pty Ltd., IFTTT Inc., Microsoft Corporation, IBM Corporation, Google Inc., Datadog, MuleSoft, Inc., Cloud Elements, and Amazon Web Services Inc. These vendors continue to invest significantly in research & development to diversify their existing portfolio and introduce innovative products to increase their market share. Also, they continue to establish partnerships with local players to expand their presence and increase their share in regional markets.
Read More

Digital Transformation Consulting Market New Solutions, Key Segments, Potential Targets And Recommendations

  June 22, 2020    No comments
In the digital era, well designed, well-informed, and activated business strategies are very crucial and inevitable for any business, thus generating the need of digital transformation consulting market. Digitization alters the consumer needs and behavior, as a ripple effect, the nature of business and competition also needs to change at a great speed and scale. Digital strategy consulting services helps in building enterprise leadership and business goals, talent requirements, business structure and organizational models, and data & technology primacies necessary to execute a business successfully. While efficiency remained a top priority for investments in digital, the major driving force behind digital investments was the requirement for growth.
Ongoing trends of simplification of operating models and simplification of processes engenders the demand for consulting services in the digital transformation age is expected to drive the global market during the forecast period. The similar demand traction in digital transformation consulting is anticipated to be observed after the forecast period as well. Additionally, migration of traditional IT infrastructure to the new age mobile computing solutions and IT infrastructure migration to cloud infrastructure and digital infrastructure are some of the important drivers responsible for the boom in digital transformation consulting market globally. However, data safety and reliability anxieties among the customers are anticipated to work as a restraint in the growth of global digital transformation consulting market across.
The global IT consultancy services market is segmented based on type of service, enterprise size, and end use industry. The services type segment is classified as professional services and managed or outsourced services. Based on enterprise size, the digital transformation consulting market is categorized into small & medium sized enterprises and large enterprises. Large enterprises are expected to hold a dominant share in the market while small & medium sized enterprises are expected to have a relatively small share at present, however, it is expected to grow at a decent rate.
Request PDF Sample@  
The end use industry segment of digital transformation consulting market is sub segmented into transportation and logistics, banking financial services and insurance (BFSI), healthcare and pharmaceuticals, oil & gas, manufacturing, IT & telecom, automotive, government & defense, and others which includes chemicals, education.
Currently, the ‘big four’ professional service firms including Deloitte LLP, Ernst & Young, KPMG International and PricewaterhouseCoopers LLP collectively hold majority of shares in the global digital transformation consulting market. While firms with a strong technology and strategy services background, seems to be well-placed for the next phase of the digital transformation consulting market. However, Deloitte is anticipated to be holding more of such consulting work than any other global consulting firm in market.
The global digital transformation consulting market based on geography, is segmented into five regions which include North America, Europe, Middle East &Africa (MEA), Asia Pacific, and South America. The demographic analysis across the different regions of the world is anticipated to show North America as the largest region contributing to the revenue generation of the global digital transformation consulting market. Europe is anticipated to observe a significant market share during the forecast period.
Asia Pacific is also expected to witness a remarkable growth during the forecast period owing to the large amount to transformations happening across the region in each industry. Furthermore, Middle East & Africa and South America are expected to show steady growth in the coming years. The global Digital transformation consulting market, analysis across major counties of the above mentioned regions include Canada, the U.S., U.K., France, Germany, Italy, China, India, GCC countries, South Africa, and Brazil.
Players operating in the digital transformation consulting market provide advanced and scalable services in domestic and international markets. Some of these major players include Accenture plc, Capgemini Services, Bain & Company, Inc., SAS Institute Inc., Computer Sciences Corporation, Deloitte LLP, Dell EMC, Ernst & Young, Hewlett Packard Enterprise, Globant S.A., IBM Corporation, KPMG International, McKinsey & Company, Kurt Salmon Associates, Mercer LLC, PricewaterhouseCoopers LLP, Oracle Corporation, Publicis Groupe SA, Inc., The Boston Consulting Group, Inc., Salesforce.com, and Wipro Limited.
Read More

Esports Market Forecast- Global Industry Outlook

  June 22, 2020    No comments
Esports or electronic sports are a group of sports played online via video games. Each team or individual competes in various popular online games and sponsors compete for a bigger share of the global audience. Esports market is home to intense competitions which increasingly take place in front of a live audience to build and measure audience loyalty. 
These sports competitions are becoming increasingly popular in recent times. According to recent estimates, Esports market caters to over 380 million audience online every year. North America and China are home to some major players in the esports market. A sizeable share of the total revenue in the esports market is generated from these two regions. Europe is also a prominent market. 
The revenue model in esports market works in a similar manner as in traditional sporting competitions. Most important revenue streams include sponsorships, advertising, publisher fees, ticket sales, and merchandise. 
The most popular genres in esports market culture are first-person shooter (FPS), real-time strategy (RTS), battle royale games and fighting, and multiplayer online battle arena (MOBA). Popular games for esports include FPS titles Counter-Strike and Call of Duty, MOBA titles like Dota 2, and League of Legends, and tactical shooters like Rainbow Six Siege and CrossFire. 
YouTube and Twitch have become central to driving esports market worldwide.  Major league gaming in esports has reported 85% male viewership and 15% female viewership. Despite the skewed ratio, several prominent female personalities within esports are hopeful about the bright opportunities for female gamers. Recently, first esports arena opened in Santa Ana, California. It is the U.S. first dedicated esports facility.
Request PDF Sample@  
The commercial questions about audience commitment and the nature of esports are an on-going debate. However, esports market has registered incredible growth in the last ten years.   
Global Esports Market: Overview
Globally, the demand for video games and online video games has grown largely. People across the globe are now taking huge interest in esports and investing their time and money in it. These factors have accelerated the global esports market significantly. Increasing awareness about esports is also playing a significant role in driving the global esports market. Moreover, large-scale investments in esports are also expected to drive this market. 
The global esports market can be classified on the basis of revenue streams and regional analysis. In terms of revenue streams, the market is segmented into tickets and merchandise, media rights, sponsorships and direct advertisements, and publisher fees. The media rights segment is further bifurcates into online advertisement and subscriptions.  
The report on the global esports market presents an in-depth analysis on this market. It includes the major factors responsible for the growth of this market. Drivers and restraints give the current picture of the market, whereas trends and opportunities will provide how the demand for intelligent apps will shape in future. Segmentation supports and justifies the above-mentioned factors. In addition, geographic analysis and vendor landscape explains how investors and players can take strategic decisions in the coming years.
Global Esports Market: Trends and Opportunities
Millennials and younger generations are now highly connected to internet and technology. This has paved the way for online games and activities. Nowadays, children prefer video games as compared to other sport and outdoor activities. This has boosted the global esports market. Moreover, growing awareness about esports and peer-to-peer sharing has also accelerated the global esports market. Increasing number of events with large prize pools is a new trend seen in the global market that is further driving the global esports market. However, lack of standardization might restrict the growth of the market to a certain extent.
Global Esports Market: Regional Analysis
Key region covered in the global sports market are Europe, Asia Pacific, Latin America, North America, and the Middle East and Africa. Asia Pacific is expected to hold larger share in the market during the forecast period. This region holds almost one-third share in the overall esports market in the past few years. Asia Pacific is a lucrative market for the gaming industry due to its ease of entry as compared to other markets. Moreover, increasing number of esports competition in the region has made it the most lucrative regional market. investors from western regions are heavily investing in this region in the esports market.
Read More

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 ...