Wednesday, 24 June 2020

Drone Sensor Market in Asia Pacific

  June 24, 2020    No comments
A drone, in a technical context, is an unmanned aerial vehicle. Drones are more officially known as unmanned aircraft systems (UASes) or unmanned aerial vehicles (UAVs). Basically, drone is an airborne machine. This flying machine may be remotely organized or can fly independently through software-controlled flight plans in their embedded systems functioning in conjunction with GPS and onboard sensors.
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There are various factors which driving the growth of sensor for drone devices. Key factors driving the growth of the drone sensor market include the increasing demand for high tenacity imaging for mapping & surveying and precise positioning for precise navigation, improved crop vigor analysis for exactness of farming, and rising demand for drones from the logistic sectors and commercial for goods delivery. Global drone sensor market contain hacking/tampering of drones is one of the major factors confining the progress of the drone sensor market.
The drone sensor market is segmented by type, platform type, application, industry vertical, and region. By type drone sensor segmented into inertial sensors (gyroscopes, magnetometers, accelerometers, tilt sensors), image sensors (infrared sensors, multispectral sensors, 3d image sensors, thermal sensors,), speed and distance sensors (radar, proximity, LIDAR), position sensors (GNSS, GPS,), pressure sensors (differential pressure sensors, barometric pressure sensors), current sensors, ultrasonic sensors, light sensors, altimeter sensors (flow sensors), and others.
By Platform Type, drone sensors can be segmented into fixed-wing platforms, vertical take–off and landing (VTOL) platform, and hybrid platform. On the basis of applications, drone sensor is segregated into groups which includes collision detection and avoidance, navigation, motion detection, data acquisition, air pressure measurement, air speed measurement, calculate altitude, power monitoring, and other applications.
Furthermore, the drone sensor market is divided based on industry vertical into the following segments media & entertainment, energy & utilities, precision agriculture, defense, law enforcement, security & surveillance and others. Amongst all industry vertical, the drone sensor market for the defense industry is likely to be grow at the maximum growth rate during forecast period. Drones are being used by militaries for surveillance, intelligence & reconnaissance (ISR), and strike missions. Combat search and rescue, resupply, air combat and aerial refueling, are some of the forthcoming applications of drones in the military sector.
The accessibility of innovative navigation and satellite communication technologies has made the option of remotely operating drones more feasible. Drones can decrease collateral damage while searching, hovering, and striking targets identifying this makes them a helpful equipment for the military sector. Geographically, drone sensor market is distributed over North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America is expected to dominate the global drone sensor market due high investment in the security & surveillance and defense sector. Asia Pacific anticipated to experiences the healthy market growth as this region have the high adoption of energy & utilities, precision agriculture, defense, and others.
Bosch Sensortec (Germany), ams AG (Austria), Trimble (US), Sparton NavEx (US), TDK InvenSense (Japan), Raytheon (US), and Systron Donner Inertial (US) are the leading players in the drone sensor market. In order to gain a competitive advantage in the industry, these players are actively involved in inorganic and organic development policies. Partnerships, organizations, contracts, and new invention presentations are some of the important strategies followed by them.
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PoE Chipsets Market Scope and Forecast

  June 24, 2020    No comments
Power over Ethernet (PoE) is the latest technology that provides transfer of electrical signals and required data over prevailing cabling. In addition, it provides diverse methods for avoiding the use of separate power cords. This market is projected to witness significant growth throughout the forecast period. The research study on the global PoE chipsets market provides a detailed analysis, presenting insights into the major factors that are estimated to impact the growth of the global market in the next few years. The key segmentation, primary applications, technological advancements, and the competitive landscape of the global PoE chipsets market have been presented in the research study. A list of the prominent players has also been provided in the scope of the research report.
Global PoE Chipsets Market: Drivers and Barriers
The growing power prices and the increasing demand for data centers are projected to fuel the growth of the global PoE chipsets market in the next few years. In addition, the rising Internet of Things standards diversity and the growing implementation of optical fiber cable for communication are expected to offer promising opportunities for the leading players in the global market.
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On the other hand, the rising adoption of wireless communication technologies, network security, and the rising concerns related to interoperability are some of the factors that are anticipated to restrict the growth of the global PoE chipsets market in the forecast period. Nevertheless, the tremendously rising demand for data and the rising transition to 10Gbe and 40Gbe switching ports are predicted to contribute significantly towards the development of the global PoE chipsets market in the coming years.
Global PoE Chipsets Market: Regional Outlook
From a geographical perspective, the global market for PoE chipsets has been classified into Asia Pacific, Europe, North America, and the Rest of the World. According to the study, North America is projected to lead the global market and account for a key share in the near future. A significant contribution from North America and the rising number of applications in diverse industries are some of the important factors that are expected to encourage the growth of the market in the coming years. In addition, the increasing investment by governments in this field is likely to offer opportunities for the leading players in North America.
Furthermore, the rising adoption of Ethernet switches, owing to the availability of a large number of data centers that are being operated by government agencies, enterprises, telecommunication service providers, and certified safety professionals. Moreover, the availability of high-speed internet across several countries is expected to drive the demand for PoE chipsets in the coming years. Furthermore, Europe and Asia Pacific are estimated to witness significant growth in the next few years.
Companies Mentioned in the Research Report
The global PoE chipsets market is extremely competitive and fragmented in nature with the presence of a large number of players operating in it. Some of the prominent players included in the research study are Shenzhen Brother Young Development Co. Ltd., Shenzhen Century Xinyang Tech Co. Ltd., Shenzhen Lianrui Electronics Co. Ltd., Beijing Dongda Jinzhi Technology Co. Ltd., Flexcomm Technology Limited, Shenzhen HTF Electronic Co. Ltd., and Shenzhen Gainstrong Technology Ltd.
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Hybrid Cars Market Future Growth and Outlook

  June 24, 2020    No comments
The demand within the global market for hybrid car has been rising on account of advancements in the field of automotive manufacturing, finds TMR. The cumulative revenue share of the leading marker vendors in the global market for hybrid cars is expected to surpass all previous marks. This is a key manifestation of the consolidated nature of the global market for hybrid cars. The technology used for manufacturing hybrid cars is extremely intrinsic and complex, and hence, only a handful of manufacturers have been able to incorporate this technology. Furthermore, the need for a seamless automobile sector has also gathered momentum in recent times. This factor shall enhance the prospects of growth for the vendors operating in the global hybrid cars market. 
The market for hybrid cars has been expanding at a stellar pace in recent times. This has led to the creation of lucrative opportunities for the market vendors. Moreover, there is a possibility of new vendors entering into the global market for hybrid cars in the forthcoming years. Hence, the global market for hybrid cars is expected to undergo rapid fragmentation over the next decade. Some of the key vendors in the global hybrid cars market are Toyota Motor Corp., Honda Motor Co. Ltd., Hyundai Motor Co., and Nissan Motor Co. Ltd. 
Transparency Market Research (TMR) finds that the global market for hybrid car would expand at a boisterous CAGR of 16.5% over the period between 2016 and 2024. Furthermore, the market for hybrid cars is expected to touch a value of US$ 398.9 bn by the end of the forecast period. On the basis of vehicle type, commercial hybrid vehicles are gradually gathering popularity. Based on geography, the market for hybrid cars in Europe has been expanding at a starry rate in recent times. 
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Environmental Factors to Propel Market Demand 
The need for a sustainable future has led to rapid changes and transformations in multiple industries. Environmental degradation caused by the automotive sector has come under the spotlight of negative attention in recent times. Hence, there is a dire to ensure that the pollution caused by vehicles is reduced. Considering these dynamics, it is legit to assert that the global market for hybrid cars would expand at a starry rate in the years to come. Furthermore, the presence of a seamless automotive sector that focuses on its corporate social responsibility has also created demand within the global market for hybrid cars. 
Commercial Vehicles to Push Market Growth 
The use of hybrid cars as commercial vehicles is a trend that has been gathering momentum over the past decade. Hence, there is commendable scope for growth within the global market for hybrid cars in the forthcoming years. However, the main concern of the manufacturers of hybrid cars is to bring passenger vehicles under the ambit of hybrid cars. Hence, there is immense scope for growth within the global market for hybrid cars in the years to come. Moreover, the presence of an ever-improving automotive sector in key regional pockets shall also drive market demand. 
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Automotive Steering Systems Market Demand Outlook

  June 24, 2020    No comments
Transparency Market Research has recently published a new research report that talks in detail about the overall dynamics of the global automotive steering systems market. According to the research report, the automotive steering systems market is growing at CAGR of 6.20%. With this rate of growth, the global market is expected to touch the market of US$39.1 bn by the end of the given forecast period of 2015 to 2021. This valuation is a substantial growth from the initial report of US$24.5 bn back in 2014.
According to the research report, the vendor landscape of the global automotive steering systems market is intensely competitive and fragmented. This is because of the presence of several leading players in the market and each is striving to strengthen their foothold. The leading companies in the global market are concentrating more the activities of research and development. This is projected to offer a number of opportunities for growth for these companies during the given forecast period. Additionally, growing technological advancements and aggressive marketing strategies to enhance the product portfolio are also expected to help the companies in the automotive steering systems market to generate more business.
Some of the key players in the global automotive steering systems market include names such as China Automotive Systems Inc., (China), Sona Koyo Steering (India), JTEKt Corporation (Japan), Mitsubishi Electric Corporation (Japan), ZF Friedrichshafen Manufacturing Company (Germany), Nexteer Automotive (US), Hyundai Mobis Co. Ltd. (South Korea), Robert Bosch Automotive Steering GmbH (Germany), and ThyssenKrupp Presta AG Aktiengesellschaft (US) among others.
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Europe to Continue its Market Dominance
From a geographical viewpoint, the global automotive steering systems market is divided into five major regions viz. Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa. Of these regional markets, the Europe segment has accounted for the largest share of the market in recent years and is expected to continue its dominance in the coming years. This high growth and dominance of Europe are because of the presence of numerous leading automobile manufacturing companies in the region. Next in line is the North America market that is projected to experience a healthy growth during the forecast period. This high rate of growth is because of the impending maturity of the North America market.
In terms of the type of product, the automotive steering systems market is segmented into passenger vehicles, light commercial vehicles, and commercial vehicles. Of these, the segment of light commercial vehicles is expected to lead the market during the given forecast period. The increasing demand for high-tech automotive steering systems, particularly in the developing economies such as China and India is considered to be one of the major driving factors for the growth of the segment.
Increasing Demand for Fuel-Efficient Vehicles Helping Market Growth
The growing demand for electronically assisted automotive steering systems due to the strict guideline for fuel efficiency is one of the big reasons to drive the growth of the global market. The increasing production of vehicles and the growing preference to the highly comfortable and smooth driving experience is also fueling the demand for automotive steering systems market.
However, there are some factors that are hampering the market growth and may stop it from reaching its full potential. One major restraining factor for the development of the global automotive steering systems market is the high-cost production. Additionally, limitations on the load-bearing capacity of the EPS systems are also expected to be slow down the growth of the market.
This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Automotive Steering Systems Market (Vehicle – Heavy Commercial Vehicle (HCV), Light Commercial Vehicle (LCV), and Passenger Vehicle; Steering System – Electronic Power Steering (EPS), Electro-Hydraulic Power Steering (EHPS), and Hydraulic Power Steering (HPS)) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021.
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Drivers of Car Leasing Market

  June 24, 2020    No comments
According to the report, the global car leasing market is projected to surpass US$ 1 Trn by 2030, expanding at a CAGR of ~9% during the forecast period. Changing consumer preference toward newer mobility models, such as leasing, and changing consumer sentiments associated to car ownership are driving the car leasing market. Zero down payment and tax benefits have influenced the preference of consumers toward car leasing from traditional ownership.
Expansion of Car Leasing Market
Auto manufacturers are venturing into newer revenue pools such banking services and finance to minimize business risk and evolve with the changing landscape of the auto industry. The decline in car sales has compelled automakers to enter the “Car-as-a-Service” business models and is estimated to further boost the car leasing market. Almost all international automakers have a financial service business division and is involved in car leasing and financing options. Financial services have gained a significant share of around 10% to 20% of automakers’ revenue.
Based on lease type, the financial lease segment held a notable share of the global car leasing market. Finance leasing is a robust business model to use and attain car ownership during the end-of tenure and is extremely popular in North America with lower interest rates and zero/ minimum down payments. However, the operating lease segment is expanding at a higher growth rate due to consumer demand for flexible options and disinterest in ownership. In terms of provider, OEM/captives and NBFCs segments are anticipated to expand at a high growth rate during the forecast period. Expansion of the car leasing market and rising consumer interest in car leasing are prompting the entry of captives and NBFCs in the market.
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Regional Analysis of Car Leasing Market
In terms of region, the global car leasing market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe and North America, together, held a leading share of the global car leasing market in 2018, owing to higher preference for car leasing among consumers in these regions.
India and China GDP have registered exponential growth during the last decade and witnessed expansion in financial sector & services. Rising consumer awareness and consumer purchase parity is projected to boost the car leasing market in these countries. India and China accounts for a prominent share globally in terms of number of vehicle sales and growth of car leasing in these countries is bound to significantly boost the global revenue.
Latin America is home to a large domestic automotive industry with car leasing being a relatively newer concept. Improved credit evaluation and increase in activity of captives are estimated to boost the car leasing market in countries across Latin America. Economies in Latin America are stabilizing due to expansion of NBFCs & captives and traditional banks, which in turn is projected to boost the car leasing market in developing regions such as Latin America.
Prominent players operating in the global car leasing market include ORIX, ALD Automotive, Avis Budget Group, Sixt, Enterprise, Hertz, Arval, Leaseplan, Europcar, Movida, CAR Inc., Daimler Financial Services, and General Motors Financial Company.
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Tuesday, 23 June 2020

POS Terminal Market Drivers, Challenges With Forecast To 2027

  June 23, 2020    No comments
According to a new market report pertaining to the global POS terminal market published by Transparency Market Research, the global POS terminal market is projected to reach US$ 37.0 Bn by 2027. The POS terminal market is projected to expand at a CAGR of 12.8% from 2019 to 2027. Increasing demand of organizations in the area of real time user interaction, quick payment is driving the growth of the market.
  • Rise in Demand for Mobile POS Terminals - Mobile point-of-sale (mPOS) refers to specialized wireless devices such as tablets and smartphones that are capable of functioning as an electronic point-of-sale terminal or cash register. The implementation of mPOS allows the sales and service industries to conduct financial transactions at any place, owing to mobility, improved customer experience, and saving of space. Furthermore, according to custom research by HP company, till 2018, 3% of enterprise merchants have fully deployed an mPOS solution, and 86% of companies are either currently in the process of implementing or are planning to implement mPOS in the next two years. Thus, the anticipated demand for mPOS is expected to drive the POS terminals market during the forecast period.
  • Enhanced Customer Experience and Low Total Cost of Ownership (TCO) as Compared to Conventional Channels of Payment - Advanced POS technology competes with older point-of-sale systems such as PC cash drawers (PCCD) and cash registers. Retailers are seeking ways to update the legacy checkout systems in order to enhance customer service and operational efficiency.
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Retailers have realized that even a small cost reduction could lead to significant improvements in the bottom-line of their businesses. The advent of advanced payment technologies such as NFC and Europay, Master Card, and Visa (EMV) and an increase in the adoption of payment options such as debit and credit cards have played a role in boosting demand for POS terminals. Furthermore, many of the terminals currently installed do not have the capacity to be upgraded and will require replacement, which is likely to boost the market.
POS Terminal Market: Market Taxonomy
The global POS terminal market has been segmented in terms of type, component, application and region. Based on type, the market has been segmented into Fixed POS Terminal and Wireless and Mobile POS Terminal.  Based on component, the market has been segmented into hardware, software and services. Software is further segmented into on-premise and cloud. Services has been further segmented into Integration, Implementation and Consulting. Based on application, the market has been segmented into Restaurant, Hospitality, Healthcare, Retail, Warehouse / Distribution, Entertainment and Others {Field Service, Government, Transportation, etc.} By region, the global POS terminal market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Initially, vendors across the ecosystem of POS terminal were analyzed based on type of technology providers in the market.
POS Terminal Market: Regional Outlook
North America is expected to dominate the POS terminal market during the forecast period. Asia Pacific is expected to see increasing growth in the POS terminal market. The POS terminal market in Middle East & Africa, Europe, and South America is also expected to expand rapidly during the forecast period.
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The report provides in-depth segment analysis of the global POS terminal market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the POS terminal market.
POS Terminal Market: Competition Dynamics
The research study includes profiles of leading companies operating in the global POS terminal market. Key players profiled in the report include Cisco Systems, Inc., Emerge Mobile (Pty) Ltd., Equinox Payments, LLC, Ingenico S.A., iVeri Payment Technologies (Pty) Ltd, Micros Systems, Inc., Miura Systems Ltd., NCR Corporation, Panasonic Corporation, Samsung Electronics Co., Ltd., Toshiba Corporation, Vectron Systems SA, Yoco Technologies (Pty) Ltd.
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Application Lifecycle Management (ALM) Market Outlook To 2027

  June 23, 2020    No comments
Transparency Market Research has released a new market report entitled " Application Lifecycle Management (ALM) Market [Component – Software (On-premises (Agile Centric ALM, Process Centric ALM), Cloud Based (Agile Centric ALM, Process Centric ALM)), Services (Consulting, Design & Integration, Maintenance & Migration); Enterprise Size – Small & Medium Enterprises and Large Enterprises; End-user - Automotive and Transportation, Manufacturing, Aerospace and Defense, BFSI, Energy and Utilities, Retail & E-commerce, Healthcare, IT and Telecom, Others (Education, Government, and Logistics)] – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 – 2027." According to this report, the global application lifecycle management (ALM) market revenue stood at US$ 2,887.4 Mn in 2019 and is expected to reach US$ 5,701.9 Mn by 2027, at a CAGR of 8.9% during the forecast period from 2019 to 2027.
Application Lifecycle Management (ALM) Market - Definition
Application lifecycle management (ALM) software is used to coordinate and manage different stages of software development. As a result, software can be designed, delivered, and deployed faster, reducing time to market. ALM solutions have been adopted by companies in various developed economies with a view to maintaining their business agility and flexibility, as ALM increases the business efficiency by creating and enforcing standards across all related project stages, and performing more appropriate allocation of human and technological resources. Also, increasing cloud-based ALM solutions are being adopted by enterprises around the globe.
This is due to the benefits offered by cloud-based implementation models, such as low upfront costs, hosted computing services without any investments in infrastructure, and increased scalability. The cloud-based ALM solutions segment is anticipated to grow the fastest, with an expected CAGR of 8.7% during the forecast period due to their ability to provide global access to information and processes in software development. The ALM services market is segmented into consulting, professional, operation, and maintenance. In 2019, global ALM services component revenue accounted for US$ 1,683.8 Mn, which is approximately 58.3% of the overall ALM market. In terms of enterprise size, revenue of small & medium enterprises accounted for US$ 1,556.2 Mn in 2019, and is expected to expand at a CAGR of 9.2% during the forecast period.
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The IT and telecom end-user segment acquired the majority share of the ALM market in the year 2019. It was also the fastest growing segment, projected to expand at a CAGR of 10.2% from 2019 to 2027. Rising technical as well as managerial challenges and variations in software with different standards in different regions have led to high adoption of ALM solutions among IT and telecom end-users.
In the future, the ALM market is expected to grow significantly in Asia Pacific due to fast technological development and population growth.
North America Application Lifecycle Management (ALM) Market
The U.S. is one of the biggest spenders in application lifecycle management (ALM) across the world. ALM market size of the U.S. is projected to reach US$ 1,356.9 Mn by 2027 at a CAGR of 8.9% during the forecast period. The North America application lifecycle management (ALM) market is expected to reach US$ 1,696.1 Mn by 2027 from US$ 684.7 Mn in 2019, rising at a rate CAGR of 9.2% during the forecast period. One of the key trends in the ALM market in North America is the adoption of Internet of Things (IoT) in ALMs. IoT has huge potential in developing economies, but is expected to have a higher overall value impact in advanced economies such as North America because of the higher value per use.
Key Growth Drivers of the Application Lifecycle Management (ALM) Market
  • Rapid uptake of mobile devices, growth in number of browsers/platforms - Developing applications for multiple platforms involves many activities other than just code writing, which are referred to as DevOps (development + operations), or as ALM, throughout the application’s complete lifecycle. Activities include planning and tracking work, designing code, implementing, managing source code repository and continuous integration, running builds, testing, running various diagnostic forms in development and production areas, and monitoring the application performance and user behavior in real time
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Need for greater efficiency across teams and increased engineering productivity - ALM enables project timelines management as well as project delivery. It ensures that every requirement has been mapped with software capability. ALM tests the performance of the software throughout its lifecycle. ALM supports individuals, teams, and institutions in their quest to scale up tester and developer productivity. Furthermore, it extends the software lifecycle.
  • Aging systems development lifecycle (SDLC) infrastructure - The SDLC model is used in project management and involves various stages in a system development project, from the initial study to the maintenance of the completed application. SDLC consists of a detailed plan that describes how the development, maintenance, and replacement of specific software is conducted. Complete structure of the software development process reduces the development time of the software. ALM helps to reduce time taken for the software development process which helps to increase the profitability of the company.
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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 ...