Friday, 26 June 2020

Flexible Display Market - Detailed Analysis Of Current Industry Figures With Forecasts Growth By 2025

  June 26, 2020    No comments
The flexible display market features an increasingly competitive landscape and several globally prominent players in the market are seeking new growth avenues. Transparency Market Research (TMR) observes that one of the foremost strategies key companies have been adopting over past several years is making sizeable investments in mergers and acquisitions. In addition, they are focusing on consolidating their geographic reach, in order to strengthen their shares in the global flexible display market. Top players in the global flexible display market are also engaged in unveiling new technologies in order to expand their product lines. Furthermore, a growing number of players are focusing on bringing technological improvements and advancements in flexible displays, in the hope of substantial competitive gains, notes TMR.
Top players operating in the market include Panasonic Corporation, Universal Display Corporation, Atmel Corporation, Samsung Electronics Co. Ltd., and Koninklijke Philips N.V. 
Given the enormous prospects in various end-use industries, the global flexible display market is expected to garner a phenomenal CAGR of 33.5% during 2017–2025. The market stood at US$4.5 bn in 2016 and the opportunities are projected to reach a valuation of US$47.892 bn by 2025 end.
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Among the various categories of form factor, the curved display segment accounts for the leading share in the global flexible display market. The prominent demand it serves is attributed to its capability for offering optimal visual design, especially suited to consumers attracted by panoramic images. Regionally, North America presently holds the sway on account of presence of several players of global standing. The regional market for flexible display is expected to rise at robust growth rate and by 2025 end is forecast to attain worth of US$18.2 billion. 
Technological advances in End Products’ Design and Functionalities to bolster Growth
Key evolutionary dynamics in the global flexible display market are largely influenced by the pace of technological advances in end products’ design and functionalities. The constant pace of advances is leading to high-end displays with applications in consumer devices such as tablets, smartphones, television, and a wide range of various electronic gadgets. Efforts by players from varied industries to develop cutting-edge flexible display technologies are driving developments in the flexible display market. 
Rising Demand in Military Applications open New Frontier
Constant thrust on design innovations is also widening the horizon of product development initiatives of technology players and phone makers. The trend is likely to unlock several prospects in the flexible display market. 
However, the steady growth of the flexible display market is hindered by a few factors. For instance, flexible displays in various consumer devices may not be gathering steam owing to their redundancy or high pricing or both. Smartphones with flexible displays are a case in point. Nevertheless, prominent phone makers with the likes of Samsung and Apple will keep on improving the design and functionalities of devices by incorporating innovative display technologies. 
The global flexible display will also witness a new avenue in its rapidly rising use case in militaries. This is attributed to rising demand for flexible displays in military operations. These operations need lightweight display technology in military vehicles.
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Predictive Maintenance Market By End-User Segments Forecasted Till 2026

  June 26, 2020    No comments
Predictive maintenance is a technique that helps in analyzing and determining the condition of any equipment in order to efficiently estimate the timeframe for the performance of maintenance. The effective use of the technique helps in saving cost as well as time. The technique helps in the effective detection of any failure patterns. Predictive maintenance focuses on predicting and determining device/ equipment failure and when it will happen so that preventive measures can be taken. There are several benefits associated with the predictive maintenance technique. These benefits include savings on production time, and expenses related to equipment parts and other associated raw material. The predictive maintenance technique also minimizes the overall time for maintenance and repair of industrial equipment. Predictive maintenance can minimize several issues with reliability and quality. Overstocking can also be reduced in the inventory with the usage of the predictive analytics technique.
Predictive maintenance is offered as a solution by solution vendors in the market. The solution helps reduce unforeseen downtime with optimized scheduling and failure prevention. It also boosts overall equipment effectiveness by optimizing the production conditions of each machine and process. It minimizes the overall throughput by effectively identifying process bottlenecks. Therefore, the solution acts as a very effective tool for almost all industry verticals.
The predictive maintenance market is driven by a rise in the need among industries such as energy, utility, manufacturing, and automotive among others to minimize the overall operational cost. Moreover, a rise in the use of sensors among these industries is expected to drive the predictive maintenance market. Sensors are being used at the plant site, during distribution, etc..  These sensors generate a significant amount of data, which can be effectively utilized for decision making. Companies operating across various industry verticals need to analyze the data for operational efficiency.
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Predictive maintenance can effectively use these data to analyze trends. In the coming years, companies will utilize the solution in order to make efficient use of real-time data. Also, companies operating in these industries have extensive pressure of time-to-market. It is, therefore, crucial for them to identify the cause of the fault or failure before they actually occur. Therefore, this aggressive need to be competitive and on schedule in the predictive maintenance market is expected to increase demand for predictive maintenance solutions and services in the coming years.
Also, the introduction of a new business model for delivering predictive maintenance techniques to the predictive maintenance market is estimated to propel the predictive maintenance market in the coming years.  However, low level of awareness among enterprises about the uses and benefits of predictive maintenance solutions is expected to restrain the predictive maintenance market in the near future. Nevertheless, with time, the effect of the aforementioned restraint is expected to diminish as more and more companies realize the importance of the solutions.
The predictive maintenance market can be segmented based on component, industry, and region. Based on component, the predictive maintenance market can be bifurcated into solutions and services. In terms of industry, the market can be classified into utility, oil & gas, manufacturing, automotive, health care, agriculture, and others. The oil and gas industry segment can be further divided into upstream, mid-stream, and downstream. Based on region, the predictive maintenance market can be categorized into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Players operating in the market are analytics providers, software platform providers, and software as a service providers. These players are continuously investing in research and development (R&D) in order to provide the most affordable and comprehensive solutions to end-use industries.
Key players operating in the predictive maintenance market include IBM Corporation, Software AG, SAP SE, Siemens AG, Microsoft Corporation, General Electric Company, C3, Inc., Uptake, Seebo Interactive Ltd., and Space Time Insight, Inc.
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Utility Drones Market Factors, Segmentation And Forecast To 2020-2026

  June 26, 2020    No comments
Drones, also known as unmanned aircraft systems (UASs) or unmanned aerial vehicles (UAVs) are unmanned aircrafts that are remotely controlled. Utility drones are unmanned aircrafts that are used in utility industries. These drones provide services such as surveying, inspection, and maintenance of power generation, transmission and distribution systems across the world. The power components that are monitored include wind turbine farms and turbine blades, solar panel arrays, distribution and transmission cell towers, cooling towers and chimney, sub-stations, power lines and other power distribution components.
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Utility drones are equipped with infra-red cameras of very high resolution that can capture minute details in a power infrastructure. Through these cameras, drones take detailed images of power infrastructure. The infra-red cameras also have thermal imaging and LIDAR (Light Detection and Ranging) capabilities which helps drones to detect overheated power components such as overheating of cables, transformers, etc. These drones first capture images that are sent for analysis, and preventative actions are taken based on data analysis. Utility drones help in assessment of damage to power lines in case of a storm and help in creating 2D / 3D models of power infrastructure that helps in locating defects in power infrastructure. Utility drones also help in detection of intruder vehicles in a power infrastructure site and help in management of vegetation which encroach the power infrastructure.
In the U.S., Federal Aviation Administration has passed a regulation for commercial use of drones in the power sector. This is increasing the demand for use of commercial drones in the power and utility sector in the U.S. and other North American regions. Using manpower in power transmission and distribution infrastructure inspection is costly and risky. Utility drones can be used effectively in managing power infrastructure assets. Inspection of power infrastructure by a drone consumes very little time when compared to time consumed in manual inspection of power infrastructure, thus saving man-hour and cost. This is leading to increasing demand for drones in managing power infrastructure assets.  
Rising industrialization in emerging economies such as China, India, and other Asia Pacific countries are increasing the demand for power which is subsequently increasing the number of power transmission and distribution towers and power infrastructure assets. Rising power infrastructure assets is increasing the demand for surveying, inspection, and maintenance of these assets which is subsequently increasing the demand for utility drones in the power and utility sector in the Asia Pacific region.
In terms of type, the global utility drones market is segmented into multi-rotor and fixed wing. Based on services, the utility drones market is divided into end-to-end solution and point solution. Based on end-use industry, the utility drones market is segmented into conventional power and renewable power. The conventional power industry is further sub-segmented into power generation and power transmission & distribution. Renewable power industry is also further sub-segmented into solar and wind energy.      
By geography, the global utility drones market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Among all the regions, North America is a prominent market. The U.S. is anticipated to be the largest utility drones market in North America followed by Canada. Europe is a significant utility drones market, with Germany expected to be the largest market in the region. The U.K., France, Spain, and Italy are other prominent utility drones market in Europe.
In Asia Pacific, China is anticipated to be the largest market, and India, Japan, and South Korea are other prominent markets in the region. Middle East & Africa is another prominent market. GCC (Gulf Cooperation Council) countries are expected to constitute the largest market in the region. In Africa, South Africa is a major utility drones market. South America is another significant utility drones market, dominated by Brazil which is followed by Argentina.  
Major companies operating in the global utility drones market are Aerodyne Group, Asset Drone, ABJ Drones, Cyberhawk, Delair, Hemav, Measure, Terra Drone Corporation, Sky-Futures Ltd., and PrecisionHawk among others.
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Industrial Energy Management Systems Market Growth, Trends and Forecast To 2026

  June 26, 2020    No comments
Industrial sector across the globe have increased at a significant rate in the couple of years. Growing investments in this sector and inclusion of advanced technologies in it have drastically developed it. Consumption of energy in various industries has also grown due to the increasing manufacturing activities taking place in different industries. 
Application of industrial energy management systems is widely seen in aluminum, steel, oil refineries, automotive, paper, chemical, and similar other industries. Moreover, strict regulatory policies for players operating in these industries related to energy management and environmental has further boosted the demand in the industrial energy management systems market. 
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As the demand for energy increased in industries, various innovative technologies increased assisted in the easy management and control the usage of energy. Use of different technologies is seen in the industrial energy management systems market across the globe. Few of them are peak load control systems (PLCS), meter data management (MDM), programmable logic controls (PLC), energy analytics, energy management information systems, supervisory control and data acquisition (SCADA), and others.   
Employment of these technologies helps the manufacturers to critically track the fluctuation of energy consumption. It also helps in strategically devising the consumption of energy. Apart from the consumption of energy while manufacturing, consumption of energy in building operations is also covered in industrial energy management system. As technological development has become an integral part these days, more and more manufacturers are ready to adopt energy management solutions in their day-to-day working.  
Furthermore, rising consciousness related energy consumption, efficiency, and control of demand the resultant reduction in the costs of operation fueled the demand in this market. In fact, industries that are energy intensive are likely to make high profits by integrating industrial energy consumption systems, as it will help in higher profit generation by eventual reduction in cost in energy. Considering all these factors, the global industrial energy management systems market is expected to grow considerably in the near future. 
Global Industrial Energy Management Systems Market: Overview
The global industrial energy management system market is prophesized to gain rapid momentum in the coming years because of the growing need for energy utilization in industrial management systems. Energy management in industries means planning and managing operations of energy consumption and production units. The main objectives of energy management for industries is cost savings, climate protection, and resource conservation. This is all done while the user is having a permanent access to the energy he needs. Industrial management is closely connected to production management as well as energy management along with prior emphasis on environment protection and conservation.
There are different variations to the global industrial energy management systems market with respect to offering, component, services, type, end-user, and market verticals. On the basis of offering, the market is classified into services, and system. Based on component, the market is divided into software, controller, and sensor. On the basis of services, the segments are consulting and training, maintenance, implementation and integration, and monitoring and control. With respect to type, the market for industrial energy management systems is categorized into industrial energy management systems, building energy management system, and home energy management system. With respect to market vertical, the market is segmented into healthcare, enterprise, manufacturing, telecom and IT, and power and energy. Classification of end user includes commercial and residential group.
The report presented above is a complete evaluation of the global industrial energy management systems market with major focus on market dynamics. It also includes market drivers, restraints, and trends and opportunities. The above presented report also offers geographical and other segmentation of the market.
Global Industrial Energy Management Systems Market: Trends and Opportunities
The global industrial energy management system market is expected to grow substantially and a number of factors are held responsible for this rapid growth. An important factor propelling the market is the accelerating inclinations towards attaining energy efficiency. Moreover, the rise in adoption of energy management solutions to the industrial development all around different verticals of the market is also adding fuel to the growth of the overall market. Thus, the market is expected to continue gaining more revenue in the future years.
However, the high rate of initial investment cost along with longer time taken for playback may hamper market growth. This may be a loss for both the regional as well as SME manufacturers.
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Growth Opportunities In The Commercial Building Automation Market

  June 26, 2020    No comments
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.
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.
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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.
The aforementioned information is comprised into Commercial Building Automation Market (Products - Power Supply, Interfacing Components, Room Automation, HVAC Systems, Security and Surveillance, and Illumination and Light Sensors; Materials - Lighting Control and Regulation, Interfacing and Inter-working with Other Building Systems, Blind and Shutter Control, Temperature Control and Regulation, Energy and Load Management, Security and Fault Monitoring, Visualization and Remote Control and Monitoring, Reporting, and Display; End Users - Offices, Retail, Hospitality Sector, and Healthcare) - Global Industry, Size, Share, Growth, Trends and Forecast 2016 – 2024.
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Micro-mobility Market - Competitive Landscape, Executive Summary, Development Factors 2027

  June 26, 2020    No comments
  • Micro-mobility is a mode of transportation that use very light vehicles, including electric scooters, shared bicycles, pedelec, electric skateboard, bicycles, etc. Gross weight of vehicles under this category is less than 500 kg.
  • Micro-mobility vehicles are used for short duration travel, mainly for first or last mile of a journey. Miniaturization of transport modes for shorter journeys considered under micro-mobility. Requirement of motor, availability for shared services, and usage as primary utility are some additional conditions for micro-mobility.

Key Drivers of Global Micro-mobility Market

  • Nearly 60% of car trips across the world are less than 8 kilometers and offer growth opportunities for the micro-mobility market
  • Compact, lightweight, less payload capacity, electric or human-powered powertrain, and limited number of passengers are some of the important features of micro-mobility vehicles. These are expected to be key factors driving the global micro-mobility market during the forecast period.
  • Investments in micro-mobility mode of transportation by several key players and governments across the globe likely to augment the micro-mobility market growth. For instance, private and public stakeholders in China have invested more than US$ 5 Bn since 2015 in micro-mobility start-ups.
  • Rapidly growing demand for shared mobility solutions, including ridesharing, e-hailing, and car sharing in urban areas is likely to fuel the micro-mobility market growth
  • Exponential growth in micro-mobility solutions can be attributed to continuous increase in urban population since the past decade. With major expansion of urban centers, around 65% of people are projected to live in cities by 2040.
  • Most key players in the global micro-mobility market are start-ups funded by private or public investments. With increasing investments from several sectors, companies operating in the micro-mobility market are concentrated on expansion of their product portfolios and enhancement of distribution networks. Mergers and acquisition of micro-mobility start-ups by key players in shared mobility transportation and on-demand transportation are likely to drive the micro-mobility market.
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Battery Electric Vehicle Segment to Offer Attractive Opportunities

  • Vehicle emission contributes majorly to the rising levels in global warming gases, including CO2, NOx, and several others
  • Deterioration of environment is a major concern across the globe especially. The European Union has mandated several norms and regulations on vehicles and transportation to reduce vehicle emissions.
  • Electric vehicles, also termed as zero-emission vehicles, help in reducing vehicle emission. Hence, the demand for battery electric vehicles for micro-mobility is growing at a rapid pace.

Privacy and Stringent Government Norms to Hamper Market

  • Sharing a ride is a primary application of micro-mobility that results in loss of privacy of passengers traveling. Hence, a large number of costumer do not prefer ride sharing.
  • Several countries across the globe, including Japan and Germany have banned ride-sharing services, owing to heavy protest from local taxi service operators.
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Asia Pacific Micro-mobility Market to Expand Rapidly

  • Asia Pacific is the most populous region. The urban population across Asia Pacific is increasing consistently, which can be attributed to employment opportunities and increased standards of living in urban areas.
  • Asia Pacific accounted for a significant share of the global micro-mobility market in 2018. This market in the region is projected to grow at a high pace, as the region comprises rapidly developing economies, such as China and India. The market in Asia Pacific is primarily driven by China, where the rate of adoption of micro-mobility services is increasing, owing to legality of ride-sharing services, surge in fuel prices, increased vehicular emission, and presence of leading players providing on-demand transportation services, including Didi. This, in turn, is driving the micro-mobility market in the country.
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E-Rickshaw Market Trends, Emerging Growth Factors And Forecast To 2026

  June 26, 2020    No comments
E-Rickshaw is an electric powered, three-wheeled vehicle primarily utilized for commercial purposes in order to transport passengers and goods. E-rickshaw is also known as electric tuk-tuk and toto. It utilizes a battery, traction motor, and electric powertrain in order to propel the vehicle.
Rickshaws are a prominent mode of commercial passenger transportation, especially across India, China, ASEAN, and several countries in Africa. Lower cost of transport, lower cost of rickshaws, and their maneuverability across congested urban roads are some advantages of rickshaws, which are driving their demand across the globe. Moreover, stringent emission norms, rising fuel prices, incentives over e-rickshaws, and increased range of e-rickshaws are shifting consumer preference toward e-rickshaws. Furthermore, the expected ban over fuel powered vehicles is likely to propel the demand for e-rickshaws.
The global e-rickshaw market is primarily restrained by the underdeveloped charging infrastructure across several countries. Moreover, lack of regulations is also restraining the global e-rickshaw market.
The global e-rickshaw market can be segmented based on rickshaw type, battery capacity, power rating, components, application, and region. In terms of rickshaw type, the global e-rickshaw market can be classified into two segments. Considering the low weight requirement for higher efficiency, the rate of adoption of open type e-rickshaws is rising among consumers.
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Based on battery capacity, the global e-rickshaw market can be bifurcated into two segments. Higher the battery capacity, longer the range of e-rickshaw; hence, owners are preferring high capacity e-rickshaws. However, for higher capacity batteries, the weight increases in proportion. In terms of power rating, the global e-rickshaw market can be segregated into three segments. Demand for e-rickshaws having motor power between 1000 and 1500 Watt is rising, which is primarily attributed to their cost effectiveness coupled with considerable torque delivery.
In terms of components, the global e-rickshaw market can be classified into five segments. Battery is a pivotal and expensive component of the e-rickshaw. Batteries require frequent maintenance and require replacement after a specific time period, in order to ensure smooth and efficient performance of the vehicle. Chassis is another vital component of the e-rickshaw and hence, accounts for a major share of the market, in terms of revenue. Based on application, the global e-rickshaw market can be bifurcated into passenger transportation and goods transportation. The passenger transportation segment held a prominent share of the market, in terms of revenue, in 2018, which is attributed to the increased use of rickshaws for passenger commutation. Moreover, incorporation of e-rickshaws by on-demand transportation companies is likely to propel the passenger transportation segment of the market.
In terms of region, the global e-rickshaw market can be segmented into five prominent regions. Asia Pacific accounted for a major share of the market, in terms of revenue, in 2018, which is primarily attributed to the rising demand from consumers, government incentives and supportive policies, ban over fuel-powered rickshaws, and increasing fuel prices. Moreover, rickshaws are a prominent mode of transportation across urban areas of several countries in Asia, such as China and India. Moreover, presence of globally leading e-rickshaw manufacturers is another prominent driver of the e-rickshaw market in Asia Pacific.
Key players operating in the global e-rickshaw market are Mahindra Electric Mobility Limited, MICROTEK, Nezonegroup, Arna Electric Auto Private Limited, GREEN VALLEY MOTORS, GEM E Rickshaw, SuperEco, Bajaj Auto Limited, Xianghe Qiangsheng Electric Tricycle Factory, Hitek Electric Auto Co., YUVA E RICKSHAW, J.S. AUTO (P) LTD., and Pace Agro Pvt. Ltd
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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 ...