Monday, 6 July 2020

Airline IoT Market by Product Revenue

The demand within the global market for airline IoT has been rising on account of advancements in the aviation industry. The use of Internet of Things (IoT) in the aviation industry has paved way for several new technologies and growth avenues. The management of flights and passengers has become much easier post the induction of IoT in aviation. The commendable pace of development across airlines and carriers is a trend that cannot be undermined. Before delving into the growth dynamics of the global airline IoT market, it is essential to appreciate the voluminous load of passengers in the aviation industry. The presence of a several providers for flights has led to greater deployment of IoT technologies in aviation. This factor has in turn given an impetus to the growth of the global airline IoT market. The presence of a well-performing aviation industry has also played a major role in the growth of the global airline IoT market. It is projected that the total worth of the global airline IoT market would continue to increase in the years to follow. 

The global market for airline IoT is segmented on the basis of the following parameters: application, component, and region. The segments of the global airline IoT market need to be analyzed before gauging market growth. 

A report added by Transparency Market Research (TMR) on the global airline IoT market is a deft explanation of the trends and opportunities that have aided market growth. The report is a distinct account of all the factors that have emerged as drivers of demand within the global airline IoT market. Moreover, an analysis of the regional segments pertaining to the global airline IoT market has also been included therein. The leading vendors in the global airline IoT market have been enlisted in the report. 

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Global Airline IoT Market: Trends and Opportunities 

The global market for airline IoT holds lucrative prospects for growth, and this is a key consideration from the perspective of vendors. The need for managing the increasing load of passengers across airports has compelled airline to deploy IoT services. Furthermore, the need for tagging bags, navigating routes, and identifying radio frequencies for flight operations has also played a vital role in market growth. It is expected that the advent of smart airlines across the globe would play a crucial role in the growth of the airline IoT market. 

Global Airline IoT Market: Market Potential 

The global market for airline IoT is expected to witness the inflow of momentous revenue in the years to come. The need for better management of flights has generated commendable opportunities for growth within the global airline IoT market. Furthermore, the need for precise flight navigation has also created an array of opportunities in the global airline IoT market. The need to store flight data is another key factor that has played a major role in market growth. 

Global Airline IoT Market: Market Potential 

Based on geography, the global market for airline IoT has been segmented into North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific. The market for airline IoT in North America is expected to expand at a starry pace in the years to come. This owes to the wellness of the aviation industry in the US and Canada. 

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Global Airline IoT Market: Regional Outlook 

Some of the key vendors in the global airline IoT market are SAP SE (Germany), Huawei Technologies Co., Ltd (China), Cisco Systems, Inc. (US), SITA (Switzerland), and IBM Corporation (US).

LiDAR Drones Market Dynamic Growth & Forecast To 2027

LiDAR technology measures distance to a target with the help of lasers. The technology relies on illuminating objects with the help of lasers and measures the reflected light with a sensor. The technology is expected to provide drone technology with new wings in a multitude of different applications. Among several new ones, geomatics, archeology, geology, forestry, e-commerce, and seismology offer new prospects for players in the LiDAR drones market. The technology is also backbone of rising new autonomous cars.

However, it is expected to take drones on a new level, particularly in the area of remote sensing applications. It is an economical method to scan new areas and promises new horizons for e-commerce with automated delivery systems. The technology can also help in emergency rescue services in areas with difficult terrains or remote areas. The technology is also expected to make life easier for geologists and wild life enthusiasts. It is already on the ground tackling issues such as poaching to protect wildlife by scanning small areas.

The technology is expected to aid several new defense equipment with unmanned aerial vehicles for aerial surveillance among other applications. The technology is also on the ground improving border patrols. It was used widely in recent times during immigration crisis to monitor situation on the ground and promises more transparency in operations as more drones become operationalize in the future. The technology is also used in California for predicting and fighting wild fires.

However, its introduction in the firefighting crew in California did not come to fruititon without a few hiccups first. The technology was earlier banned as several unregistered aerial drones were sighted during forest fires. The breadth of its access to information, individual privacy, and potential downfalls remain a challenge for players ni the LiDAR drones market. However, countries like India have already passed legislations to enable the manufacturing of drones.

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Global LiDAR Drones Market: Overview 

The unmanned aerial vehicle that scans the atmosphere using a pulsed laser beam and reflection time of a signal from the object back to the source is known as LiDAR drone. LiDAR is the abbreviation of Light Detection and Ranging. Owing to the growing application of drones in various verticals of multiple businesses the global LiDAR drones market is experiencing a robust growth over the forecast period. Moreover, various technological advancements in the drones market along with the growing demand for aerial surveillance is further expected to fuel the growth of global LiDAR drones market. Nevertheless, growing expenditure on mapping various terrain of various countries is also expected to drive the growth of global LiDAR drones market in the forecast period of 2018 to 2026. 

A latest report by Transparency Market Research encapsulates various facets of the global LiDAR drones market. It provides an in-depth analysis of the market by enlightening components such as key drivers, novel development, market opportunities, and roadblocks for the business of the global LiDAR drones market. 

Global LiDAR Drones Market: Notable Developments 

The competitive scenario of global LiDAR drones market is highly fragmented and is filled with various players. In order to maintain their dominance in the market, the players are adopting strategies such as mergers, collaborations, and partnerships. These strategies are aimed to acquire a competitive edge for the players over their rivals. Moreover, few players are also investing heavily on intensive research and development activities in order to provide the latest technology to the customer. This allows the players to expand their resource bank along with their brand presence in the forecast period. 

  • In August 2019, a new range of high-precision LiDAR sensors was launched by Sick AG. With the new sensors, the business has redefined the term quality in the market. 
  • In February 2019, a startup from Austria launched revolutionary HoverMap. The products uses LiDAR sensors in order to explore various maps and inspect the elevator shafts placed deep inside the ground. The products maps its surroundings by forming a 3D model on its way back to driver. 

Some of the prominent players of global LiDAR drones market are Phoenix Aerial Systems, VelodyneLiDAR, Inc., Leica Geosystems AG, and others. 

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Global LiDAR Drones Market: Key Growth Drivers 

The global LiDAR market is essentially picking up from the rising interest for laser scanners. These scanners show high wavelength are utilized for clarifying 3D models for various surveys. In light of utilization, the corridor mapping fragment has developed prevailing in the market because of fast urbanization and expanding development of interstates, roadways, and railroads. 

The corridor mapping application represented the biggest growth of the global LiDAR drones market. Corridor mapping is a significant advance during the building and development of roadways, railroads, and oil and gas pipelines, among other essential systems administration mechanical applications. 

Despite witnessing positive growth opportunities worldwide, the lack of skilled pilots is hampering the global LiDAR market to an extent. Unlike pilots for conventional aircrafts, drone pilots are required to ensure reliability of the entire system, which includes ground station, vehicle, and communication equipment. While drones do not carry passengers or on-board pilots, any human error while operating a drone could still prove disastrous. 

Global LiDAR Drones Market: Regional Analysis 

Regionally, the Asia Pacific market has been exhibiting attractive prospects for vendors operating in the global LiDAR drone market. Increasing awareness of customers regarding the benefits offered by LiDAR drones such as low cost, high accuracy, and government support are key factors fuelling demand for LiDAR drones in Asia Pacific. The regional market is also benefitted by the increasing adoption of LiDAR drones in countries such as India, Japan, and China.

Wearable Technology Market Dynamic Growth & Forecast To 2029

Wearable technology is, primarily, an electronic items incorporated with certain kind of technology. The technology can be easily worn on body to track real-time information. Wearable technology implies wristbands that can be worn on wrist and helps track information such as pulse, heart rate, steps walked, sleep hours, and many other. Wristbands launched by Jawbone, Apple, Fitbit, and many other acts as activity trackers. This has gained significant customer base across the globe. The significant customer base is attributed to shift in fitness brought by wearable technology. For instance, as per report given by Fitbit, the company sold around 14 million units of its smart fitness wristbands.

Further, research and development in the field of wearable technology has resulted in innovations and new product categories. Ear-wearable and smart clothing are few examples of innovations. These products are incorporated with high-end technology. Lately, the companies are focussing on refining the design of the products to attract customers.

Even though wearable technology market is at its nascent stage, the niche segments are anticipated to have perspective for long term. In addition, changing lifestyles of consumer and shift towards fitness are providing lucrative growth opportunities for wearable technology market. Further, application of wearable device for security and healthcare are likely to drive market growth over the forecast period.

The upcoming report on dried spices market provides insights about various factors affecting growth of the market during forecast period (2019-2029). The market intelligence report also provides details about restraining factors that are likely to interfere with growth of dried spices market.

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Wearable Technology Market: Notable Developments

Integration of Internet of Things (IoT) with wearable technology is an emerging trend and yet to gain customer traction due to limited interoperability.

Once integrated, the market is likely to grow at a substantial rate in forthcoming years.

Some of the prominent players in the market are-

  • Apple
  • Sony
  • Samsung
  • Fitbit
  • Mi

Wearable Technology Market: Key Trends

Owing to increasing urbanization, demand for aesthetically appealing and advanced feature wearable technology is also rising. People are opting for devices which can serve daily requirements as well as track real time information. As a result, demand for smart watches is rising across the globe.

Considering the rising demand from millennial consumers, the companies are focusing on development of products which can also work hour tracking and maintain the luxury standards of the user.

In 2018, Fossil Group introduced seven next-generation smartwatches. The product provides aesthetic design for Indian millennial along with enhanced technological feature on the wrist.

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Wearable Technology Market: Regional Analysis

North America is considered as hub technological advancements across the world. With introduction of smart gadgets, demand for sophisticated and multi-functional device is rising. Rising disposable income and high adoption rate of latest wearable devices are key driving factors for the market in the region. Further, presence of prominent players such as Garmin, Apple, and Fitbit are adding to growth of the wearable technology market in the region.

In addition, the regional market is witnessing inflow of capital from various sports association of North America. The investment aims at production of wearable technologies which can eliminate risk of preventable injuries. The investment is likely to boost wearable technology market in the region.

Near Field Communication (NFC) Market Growth Prospects, Key Vendors, Future Scenario Forecast By 2027

Healthcare sector is the expected to be the largest adopter of the near field communication technology. The technology can help the medical institutes to deliver the health records directly by making the devices come in contact with each other. The near field communication technology uses current mobile technologies along with cloud and being considers a revolutionizing method to improve the healthcare infrastructure across the globe. Owing to these rising adoption of near field technology in healthcare sector, the global near field communication market is projected to witness a significant growth during the tenure of 2019 to 2027.

A recent Transparency Market Research report on global near field communication market provides in-depth analysis to the players. The report helps the readers to have a crystal clear picture about dynamics of the global near field communication market which as a result help them have a sustainable future in the global near field communication market. It provides insights on facets such as challenges, developments, opportunities, and trends that are prevalent in global near field communication market during the tenure of 2019 to 2027.

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Global Near Field Communication (NFC) Market:  Competitive Analysis

The global near field communication market moderately fragmented and highly competitive. This scenario of the market is the result of dominance of handful of players over the dynamics of the market. Because of this situation, new players are thinking that its hard to enter the worldwide near field communication market.

So as to beat this test, the new players are combining and teaming up with a few different organizations to accomplish maintainability in the worldwide near field communication market. These systems permit the players to get basic assets that may assist them with increasing a reasonable future in the near field communication market.

Then again, the built up players are securing different organizations to keep up their predominance in the global near field communication market. With the assistance of this procedure, the set up players can upgrade their creation limit and distribution network. Inferable from these procedures the built up players can increase a critical serious edge over their adversaries.

In addition, the players are additionally putting resources into research and advancements in order to acquire new items the market. This will assist the players with acquiring new clients while holding the current ones. This will additionally help the players of worldwide ultra top notch board market to have an effective future in the near field communication market from 2019 to 2027.

Global Near Field Communication (NFC) Market: Key Drivers

Innovative Patient Monitoring to Drive the Growth

There are numerous advantages of patient observing through NFC, which incorporates Ideal Technology for medication for understanding checking, for example, keen sensor, which estimates physical state of patients, and in this manner, transmits the information to close by checking gadgets, versatile systems, and clinical experts for observing and assessment. Answer for quiet checking can be standard or modified to get customized treatment and secure clinical information, consequently, numerous organizations are planning redone NFCs for patients. Secure physical access is given by NFC labels to following patient information. Home observing by NFC-empowered gadgets is by and large progressively utilized, and therefore, clinical information can be transmitted to the doctor. This is the major factor that drives the growth of global near field communication technology market from 2019 to 2027.

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Global Near Field Communication (NFC) Market: Regional Analysis

The US populace has taken extensive measures toward clinical information security. Drug mistakes are expanding in the United States and can prompt expanded mischief to patient's wellbeing, social insurance usage, and expenses. NFC diminishes medicine mistakes and potential adverse drug events (ADEs). The quick improvement and reception of data advancements are changing the clinical division in the United States. The US Food and Drug Administration (FDA) has ordered the wellbeing, viability, and security of the clinical gadgets in the nation. These developments are expected to bolster the dominance of North America in global near field communication technology market.

Active Electronic Components Market Emerging Technology and Application 2027

According to a new market report published by Transparency Market Research “Active Electronic Components Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027”, the active electronic components market was worth US$ 252.54 Bn in 2018 and is expected to reach US$ 521.91 Bn by 2027, growing at a CAGR of 8.4% from 2019 to 2027. North America was the largest market for active electronic components in 2018. Growth in this region is driven by growing adoption of renewable energy resources and micro-electromechanical systems (MEMS).

Along with this, growing popularity of portable electronic devices will remain the key driver for the active electronic components market. Active electronic components market in North America is expected to be superseded by Asia Pacific during the forecast period. In 2018, North America accounted for around 32% of the overall active electronic components market. However, Asia Pacific is expected to witness fastest growth during the forecast period at a CAGR of 9.1%. China, Japan, Taiwan, and South Korea are among the major markets driving the demand for active electronic components in this region due to growing electronic manufacturing activity in these countries.

The active electronic components include semiconductor devices, display devices and others. Various semiconductor devices include diodes, transistors, integrated circuits and optoelectronic components. In 2018, semiconductor devices accounted for around 50% share of the overall active electronic components market. Reduction in component size and reliability has been aiding the growth of active electronic components market. This has made them effective for use in miniature applications such as tablets, smartphones and smart watches.

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Further, rising global concerns for energy efficiency have increased the need for energy efficient active electronic components. The market for display devices is expected to expand at a CAGR of 8.7% from 2019 to 2027. Medical and military applications are driving the demand for display devices among active electronic components. Various display devices in the active electronic components market include microwave tubes, cathode-ray tubes, x-ray tubes, photoelectric tubes and triodes. In 2018, x-ray tubes segment held the largest revenue share of around 28% of the overall market for display devices market. X-ray tubes segment is expected to continue its market domination in the display devices segment throughout the forecast period from 2019 to 2027.

Key players in the active electronic components market include Fairchild Semiconductor International, Inc., Infineon Technologies AG, Texas Instruments, Inc., Maxim Integrated Products Inc., ST Microelectronics NV, Analog Devices, Inc., ON Semiconductor, Diotec Semiconductor AG, NXP Semiconductors NV, Toshiba Corporation, Vishay Intertechnology, Inc., Everlight Electronics Co., Ltd., Panasonic Corporation and Renesas Electric Corporation.

Linear Motor Market Boosting the Growth Worldwide 2020

Transparency Market Research delivers key insights on the global linear motor market. In terms of revenue, the global linear motor market is estimated to expand at a CAGR of 5.5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global linear motor market.

Linear motors are defined as electric motors that generate the motion in a straight line, unlike the rotational motion. In a linear motor, the stator is unrolled and spread out flat, while the rotor moves past it in a straight line. Linear motors are used in all designs of machines that require linear motion, including overhead-travelling cranes and beltless conveyors used for moving sheet metals. Linear motors are employed in a wide range of applications in industries such as manufacturing, semiconductor, food & beverages, textile, healthcare, and printing. Linear motors come in three designs: flat-bed, U-channel, and cylindrical. In line with the growth of the global automation industry, manufacturing and process plant operators are adopting advanced technologies for processes and operations focused on achieving improved product efficiency, reduced labor, and decreased operational costs. Linear motor systems offer a reliable and efficient solution to achieve high efficiency and hence, they are increasingly being adopted in applications ranging from simple point-to-point systems to sophisticated or complex automation systems.

Linear Motor Market: Dynamics

Servo Components and Systems Ltd has designed a new direct drive called Green Drive Actuator (a combination of speed and rugged operations), which can control the ball screw and provide increased reliability to direct drive linear motors. The actuator operates at a speed of up to 5 m/s, with a positional reliability of 50 microns, which makes it suitable for several industrial applications.

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Copley Controls Corp provides a range of AC- and DC-powered digital drives for use in servo and stepper motors called New Plus Servo Drives. Safe torque-off capability of these drives eliminates the complex wiring used in traditional safety applications. New Plus Servo Drives use metal enclosures that ensure the maximum level of noise immunity.

Due to technological innovations in direct drives, the demand for linear motors is increasing in various industrial applications. This, in turn, is boosting the global linear motor market. The impact of this driver is expected to remain high during the forecast period

One of the major issues associated with linear motors is their high cost and the complex design of electromagnets used in them. Generally, more powerful electromagnets are required to lift and move one magnet over another, which consumes a large amount of electric power. Linear motors use superconducting magnets to overcome this issue. As for dynamic applications, linear motors are energy efficient and they can attain high speed. For this purpose, superconducting magnets are used to attain low temperatures, which reduces the power consumption, thereby preventing thermal wear and tear of motors. Use of electromagnets with such complex designs is restraining the global linear motor market. Thus, high costs and complex designs of electromagnets used in linear motors are major restraining factors for the global linear motor market. The impact of this driver is expected to remain high during the forecast period.

Linear Motor Market: Prominent Regions

In terms of revenue, Asia Pacific dominates the global linear motor market. The market in the region is estimated to expand at the maximum CAGR of 6.32% during the forecast period and reach more than US$ 1 Bn by 2027. This is attributable to the fact that players operating in end-user industries in the region such as electronics & assembly, semiconductor, and machine tools directly contact OEMs for their specific requirements for linear motors.

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Increasing adoption of linear motors in Asia Pacific is expected to offer lucrative opportunities to vendors, especially in the electronics & assembly industry during the forecast period. In terms of revenue, the North America market is expected to expand at a sluggish rate during the forecast period. This is due to the presence of various manufacturing industries in the region, which use robots based on linear motors for product manufacture. Other regions such as Europe witness presence of various industries that require linear motors such as automotive, manufacturing, machine tools (metal forming & metal cutting), and packaging & labeling.

Linear Motor Market: Key Players

Key players operating in the global linear motor market are Aerotech, ANCA Group, BOSCH Rexroth, ETEL S.A., FANUC Corporation, Hiwin Corporation, Jenney Science AG, KML Linear Motion Technology GmbH, Kollmorgen Corporation, Mitsubishi Electric Corporation, Moog Inc., NTI AG LinMot, Oswald Elektromotoren GmbH, Parker-Hannifin Corporation, Piezo Motor Uppsala AB, Rockwell Automation, Inc., Sodick Co. Ltd., and Yaskawa Electric Corporation.

Friday, 3 July 2020

Small Kitchen Appliances Market Insights and Forecast to 2027

  • Small kitchen appliances are portable or semi-portable machines generally used to accomplish several kitchen tasks. Microwaves, ovens, toasters, and coffeemakers, among others, are a few types of small kitchen appliances. Small kitchen appliance manufacturers are expanding their product portfolio, owing to the increase in demand from end-users. Manufacturers are also incorporating connected technologies in their products to save time. Some of the latest technologies being used are Wi-Fi, cameras, touchscreens, and other upgrades.

Rise in disposable income and convenience in usage of compact kitchen appliances drives the small kitchen appliances market

  • Prime reason for the growth of the small kitchen appliances market in increase in disposable income of consumers worldwide. Rise in disposable income drives consumer needs. Innovation in product design has resulted in increased operational efficiency of small kitchen appliances. Thus, the demand for small kitchen appliances is expected to grow during the forecast period.
  • Convenience in usage of compact kitchen appliances, owing to ease in handling and maintenance is fueling the growth of the small kitchen appliances market. Rise in the number of millennials using kitchen appliances with compact designs and multiple functionalities is anticipate to drive the small kitchen appliances market.

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North America & Europe covers major market of small kitchen appliances

  • Geographically, the global small kitchen appliances market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the small kitchen appliances market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the small kitchen appliances market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America small kitchen appliances market is segmented into Brazil, and Rest of South America.
  • North America and Europe dominates the market of small kitchen appliances, due to easy availability of smart technology enabled small kitchen appliances in North America and Europe.
  • However, Asia Pacific is anticipated to grow at a fastest CAGR growth rate during the forecast period. Rising in awareness and standard of living in countries such as China, India, and Japan etc. is projected to drive the market in the Asia Pacific region.

Key players operating in the small kitchen appliances market:

The small kitchen appliances market is highly fragmented with presence of several key global players. Major players are projected to face tough competition in the coming years. Brands are likely to focus on innovation of new products and research & development activities to strengthen their footprint in the global small kitchen appliances market. Companies are engaging in mergers and acquisitions and joint ventures with local brands to expand their product portfolio.

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 ...