Magneto Resistive RAM (MRAM) Market Size, Sales and Forecasts To 2027

The overarching need for data storage across multiple industries has played an integral role in the growth of the global magneto resistive RAM market. The advent of big data, and other similar technologies, has necessitates the presence of high-end hardware technologies for data storage. Random access memory (RAM) of different forms and configuration is used across multiple platforms. The supremacy of magneto resistive RAM over other types of storage platforms is a key consideration while gauging market growth.

Several scientists assert that the utility of magneto resistive RAM has largely been underestimated. As the technology gains recognition, it is projected to supplant the popularity of all other modes of data storage in the years to come. Furthermore, proponents of this technology also argue that magneto resistive RAM could become a universal memory storage platform in the years to come. Henceforth, it is safe to believe that the corresponding market would gather fresh revenues in the years to follow

The supremacy of magneto resistive RAM over electrical RAM has transcended as a key driver of demand within the global market. Furthermore, the non-volatile nature of magneto resistive RAM has also given a thrust to market demand. The fading popularity of electrical memory, and the need for large-scale integrated circuits for memory storage, has brought magneto resistive RAM under the spotlight of attention.

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Research (TMR) predicts that the global magneto resistive RAM market would expand at a commendable CAGR of 43.0% over the forecast period between 2019 and 2027. Furthermore, the total value of the magneto resistive RAM market is expected to touch a value of US$2819.3 Mn by 2027. Low-power consumption requirements for magneto resistive RAM, as against electrical RAM, has driven market demand

Application of Magneto Resistive RAM in Multiple Industries

The demand within the global magneto resistive RAM market is rising at the back of advancements in the consumer electronics industry. Several popular electronic devices, including laptops and smart phones, could be using magnetic-field-based memory. Furthermore, the need to eliminate the cons of excessive electricity consumption has also compelled manufacturers to replace electrical RAM with magneto resistive RAM.

The growth of robotic and automation technologies has created increased demand for data storage. Furthermore, multiple industries have expressed the need for securing their data across resilient platforms and storage devices. This factor has also emerged as a key driver of demand within the global magneto resistive RAM market in recent times. As new industries become driven towards use of data analytics, the market shall experience sparks of growth in the years to come.

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Aerospace and Defense Sector as a Prominent End User

The use of magneto resistive RAM in the defense and aerospace industry has become a key prospect for market growth. The expansive size of this industry has created lucrative opportunities for market vendors. Moreover, enterprise storage is another area that necessitates the use of workable data storage platforms. Hence, the global magneto resistive RAM is projected to become a worthy domain for investment.

The leading players in the global magneto resistive RAM market are aiming at collaborating with electronic manufacturers. Furthermore, these vendors are slated to foster innovation via investments in research and development. Some of the prominent players operating in this market are Hewlett-Packard Enterprise, Everspin Technologies Inc. Avalanche Technology Inc., Spin Transfer Technologies, and Honeywell International Inc.

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Non-Volatile Dual In-Line Memory Module (NVDIMM) Market Analysis And Forecast to 2027

Prominent NVDIMM manufacturers include SK Hynix, Inc. (Korea), Integrated Device Technology Inc. (The U.S) and Fujitsu Limited (Japan). The global NVDIMM market is likely to represent a lucrative playing field for new entrants in the coming years, due to the high value of the market as an ancillary of the booming computing sector. The widespread vendor base of established companies is likely to enable a steady share nevertheless.

According to Transparency Market Research (TMR), the global NVDIMM market is expected to exhibit a CAGR of above 12% in the 2019-2027 forecast period. The market’s revenue valuation is likely to rise to more than US$180 mn by 2027.

By product type, the global NVDIMM market is segmented into NVDIMM-F and NVDIMM-N. The presence of DRAM components is likely to ensure steady dominance of NVDIMM-N in the coming years, as the higher speed enabled by DRAM is a key driver for NVDIMM-N units.  Geographically, North America contributes the dominant share in the global NVDIMM market and is likely to remain an influential player in the coming years due to the steady presence of several leading players in the global NVDIMM market. Leading U.S.-based players such as Viking Technology Inc. and Micron Technology Inc. Asia Pacific is also an important for market for NVDIMM and is likely to be valued at US$35.7 mn by the end of 2025.

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Growth of Data Centers in Asia Pacific Key to Growth of NVDIMM Market

One of the prime drivers for the global NVDIMM market is the rising prominence of the data center sector in developing Asia Pacific economies. The steady growth of the data center sector has prompted a rise in the demand for high-end workstations as well as enterprise storage and server infrastructure, which is likely to strengthen over the coming years in line with the rapid development exhibited by countries in Asia Pacific. The rising indigenous tech sector in emerging countries such as India, China, and Japan is also likely to remain a key contributor to the global NVDIMM market in the coming years.

Integration of NVDIMM helps to improve the performance of various devices in terms of storage, cache, indexing, message queuing, logging, batch processing, on-line transactions, and RAID (redundant array of independent disk) applications that require higher throughput, while simultaneously offering fault-tolerant data integrity. The high performance of these devices is crucial to hyper-scale computing environments that are focused on cloud computing, big data analytics, and high-performance database applications. Thus, NVDIMMs are primarily aimed for huge in-memory computing tasks such as ultra-speed in-memory transactional database systems including those used in search engines and hyper-scale computing applications.

The help provided by advanced NVDIMM in enabling stronger data security is likely to be a key driver for the global NVDIMM market in the coming years. Data security has become a vital topic for the business and industrial sector due to the rising utilization of digital data storage mechanisms in a number of industries and the rising risk of cybercrime. The stability of data storage provided by the use of NVDIMM units is thus likely to be a key driver for the global NVDIMM market in the coming years. Further, many key players from NVDIMM market are focusing on standardizing NVDIMM for various benefits. For instance, in 2019, Netlist, Inc., a company that offers SSDs and other systems worldwide announced that they are trying to standardize NVDIMM-H so that Netlist’s product from HybridDIMM storage class memory will gets comply with NVDIMM-H standard for offering low cost storage capacities in memory channel.

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The information in this preview comes from a TMR report titled ‘Non-Volatile Dual In-Line Memory Module (NVDIMM) Market (Product Type: NVDIMM-F, NVDIMM-N; Application: Enterprise Storage and Server, High-End Workstation, Networking Equipment) - Global Industry Analysis, Trend, Size, Share and Forecast 2017 - 2025.’

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Smart Robots Market Regional Outlook, Competitive Strategies Analysis and Forecasts To 2024

The global smart robots market is predicted grow due to the their increasing rate of adoption for personal applications such as elderly assistance, robotic pets, pool cleaning, and vacuum cleaning, among others. These robots are presently being designed to carry on autonomous tasks and for working along with human beings.

This study presents an extensive piece of information on the global smart robots market and aims at analyzing the whole market as well as its segments through comprehensive classifications. The dynamics impacting the development of the market such as the drivers, restraints, opportunities, and trends have also been encapsulated under this report. The study also presents a bird’s eye view of the global smart robots market and throws light on the key technological developments taking place in this market.

The report also includes the future road-map of the market for smart robots with respect to the application areas, potential markets, and upcoming technologies. The competitive landscape section of the report also presents the market shares of the key players operating in the market. In addition, the prime strategies deployed by numerous players, the new product developments, mergers and acquisitions, joint ventures, and collaborations  

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Smart Robots Market: Drivers and Restraints 

Smart robotics are being highly employed in numerous areas such as manufacturing industries, process industries, automotive industries, and healthcare. Smart robotics comprise artificial intelligence which permits them in functioning on their own. This is a key factor fuelling the development of the global smart robotics market. Additionally, the growing demand for employing robots in addition to human beings will also provide impetus to the development of the global smart robots market. Smart robots have also been employed in the healthcare sector for staying with elderly patients and for assisting them in fast recovery. Smart robots possess the ability of identifying an issue and take a decision by themselves to solve any kind of issues, which will further provide impetus to the development of the overall market. 

Smart robots are more efficient and faster than human beings, which deploy them an advantage in functioning within manufacturing industries for an enhanced goods’ production. These robots have sensors which make them evaluate their environment and act as per it. This fuels their demand in the sector of manufacturing. However, the skyrocketing prices of smart robots may impede their demand in the coming years.  In addition, these robots have a tendency to malfunction in case a wrong algorithm is utilized in them. This may negatively impact the development of this market. In addition, the increased utilization of these robots in the sector of manufacturing has also resulted in loss of jobs. Furthermore, the making of smart robots includes huge expenditure within research and development. All these factors may work against the development of the global smart robots market. 

Smart Robots Market: Region-wise Outlook 

In terms of geography, the North America and Europe smart robots markets were the first smart robots markets and this is why these regions dominate the overall market. On the other hand, Asia Pacific is poised to experience the most exponential development in the market owing to the penetration of nations such as India and China in the smart robots market. In addition, this region also comprises numerous smart robot vendors such as Yaskawa Electric Corporation and Honda Motors Ltd, which will further boost the growth of the market in Asia Pacific.

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Key players Mentioned in the Report are: 

The leading players in the market are Irobot Corporation, Honda Motors Ltd, Adept Technology, Inc., Lely Group, Google, Inc., Amazon.com, Inc., Northrop Grumman Corporation, Bluefin Robotics Corporation, ABB Ltd. and Yaskawa Electric Corporation, among others.

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Disinfectant Wipes Market 2020 Updated Covid-19 Crisis For Future Development By 2027

Disinfectant wipes clean as well as disinfect surfaces and are extensively utilized in personal care, baby care, food services, households, and health-care. Disinfectant wipes are dampened with water and the paper is treated with softeners, perfumes, lotions, and chemicals to maintain the physical properties of the wipe. Methylisothiazolinon is a common preservative that is used to prevent bacterial and fungal growth in the disinfectant wipes package.

The disinfectant wipes market is likely to expand significantly in both developed as well as developing countries, as these wipes offer consumers hygienic, all-in-one and timesaving solution to clean up any mess. Baby wipes are the most sought-after type of disinfectant wipes. Baby wipes is a mild product that is made of regenerated cotton. Personal care is another major segment of the disinfectant wipes market. Consumer preference for disinfectant wipes is anticipated to increase in the near future, as they are convenient and easy to carry.

Global Disinfectant Wipes Market – Competitive Landscape

Reckitt Benckiser

Reckitt Benckiser is a leading player in the field of consumer home, health, and hygiene. The company manufactures and distributes a wide range of household, health, toiletry, and food products worldwide. Its products include disinfectant wipes, dishwashing detergent, disinfectant spray, fabric treatments, and cleaners, personal care, food, and over-the-counter drugs. The company sells disinfectant wipes under the brand Lysol.

The Clorox Company

The Clorox Company is a prominent global company that specializes in the manufacture and marketing of consumer and professional products. It has approximately 8,700 employees located across the globe. The Clorox Company operates through four segments: lifestyle, household, cleaning, and international. It offers professional cleaning, disinfecting, and food service products under the Clorox brand.

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Kimberly-Clark Corporation

Kimberly-Clark Corporation is a notable manufacturer of consumer tissue, personal care, and professional products. It operates globally through three segments: consumer tissue, personal care, and K-C professional. Under the consumer tissue segment, the company provides napkins, paper towels, facial and bathroom tissues, and related products, which are marketed under the following brands: Scottex, Kleenex, Andrex, Scott, Cottonelle, Viva, and Neve. It also offers baby wipes, training and youth pants, disposable diapers, swim pants, feminine and incontinence care products under the personal care segment. The company’s K-C Professional segment manufactures wipes, apparel, towels, tissues, soaps, and sanitizers that are sold under the Kleenex brand.

CLAIRE MANUFACTURING

Claire manufacturing has a vast experience of over 100 years in the sanitary supply industry. The company manufacturers wipes, air fresheners, aerosols, including cleaners, insecticides, disinfectants, and polishes. The company is currently, based in Illinois, U.S.

PARKER LABORATORIES, INC.

Parker Laboratories, Inc. is a leading player that provides medical products globally. It also manufactures, develops, and sells lines of institutional cleaners and disinfectants, as well as ultrasound and electromedical contact media. The company sells disinfectant wipes under the brand Protex Ultra.

Other prominent players operating in the disinfectant wipes market include Stryker, CleanWell, LLC, Dreumex USA Inc., Seventh Generation, Inc., Windex, and Method Products Pbc.

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Global Disinfectant Wipes Market – Dynamics

Increasing use of disinfectant wipes for household application to boost market

Rise in demand for disinfectant wipes in household applications is a major factor that is expected to drive the disinfectant wipes market. Disinfectant wipes reduce the need for water and save time. The disinfectant wipes market is also driven by additional features of these wipes, such as convenience, performance, hygiene, and cost. Moreover, modernization in healthcare practices worldwide boost the market, as wipes provide better protection than paper products or traditional cloth.

Side-effects of using disinfectant wipes to hamper market during forecast period

Disinfectant wipes contain toxic chemicals that can cause immediate acute side-effects such as eye and skin irritation. Disinfecting chemicals usually contain a class of substances called ‘quats’ or quaternary ammonium compounds. These chemicals are skin irritants, can cause irritation to the lungs, and they have been linked to asthma. Side-effects associated with the use of disinfectant wipes is a major restraint of the market.

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Intralogistics Market Status and Global Outlook 2020 to 2027

Businesses today are using a combination of automated, integrated, optimized, and managed logistical flow of the data along with the material goods within their periphery or distribution centers. As technologies for intralogistics effortlessly manage and provide optimal process flow in a business, the growth of global intralogistics market is pacing in the forecast period of 2019 to 2027. Moreover, rapid adoption of these technologies in the business is another factor that is influencing the growth of global intralogistics market these days. Also, the ability to control the material flow between various stations in a business is one of the prominent reason that promotes the growth of global intralogistics market from 2019 to 2027.

A report from Transparency Market Research provides 360-degree analysis of global intralogistics market for the forecast of 2019 to 2027. The report sheds light on various key facets of the market such as opportunities, trends, challenges, and major players.

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Global Intralogistics Market: Notable Development

• In March 2019, UniCarriers America joined hands with Rocla. The merger made it easy for Rocla to launch its latest automated guided vehicle solutions in America.
• In the same year, BOWE SYSTEC GmbH acquired majority shares of a U.K. based engineering company Red Ledge. This take-over helped the BOWE SYSTEC GmbH to gain better position in global intralogistics market.
• In 2018, Vecna Robotics signed collaboration with a leading robotics packaging company, RightHand Robotics. This collaboration was aimed to improve the position of Vecna Robotics in E-commerce order completion. Combined, both the organizations are expecting to develop optimal solutions that can streamline all the business challenges faced by companies and strengthen their position in global intralogistcs market.

Some of the leading players of global intralogistics market are:

• Siemens
• Aethon
• Invata
• KION Group
• Balluff
• Rockwell Automation.

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Global Intralogistics Market: Key Drivers

With the rising adoption of intralogistics solutions in various businesses the market is growing rapidly. As a result of streamline inter-station transport, accident-free logistics, and efficient work flow, these solutions are pacing the growth of global intralogistics market. Moreover, benefits such as minimized downtime, enhanced operational efficiency, and greater scalability by the automated guided vehicles, the global intralogistics market is experiencing rapid growth these days.

Moreover, better material handling, and seamless movement with the walls of the business facility, the global intralogistics market is acquiring major attention these days. Also, businesses are realizing additional benefits such as enhanced process management internally; streamlining overall operations are some more factors that are influencing the growth of global intralogistics market. Furthermore, growing penetration of intralogistics in transport and logistics industry is one of the major growth driving factors for the global intralogistics market in the forecast of 2019 to 2027.

However, intralogistics is a complicated process and is made up of complex interconnected systems. In order to work smoothly, all the components must work perfectly. This complexity and amount of money required to maintain the intralogistics system may hamper the growth of global intralogistics market during the forecast. Nevertheless, development of various cost-effective technologies such as IoT and AI, players of global intralogistics market are working hard to develop simple and efficient solutions for the businesses. These technological advancements are likely to help the global intralogistics market to maintain their growth in coming years.

Global Intralogistics Market: Regional Analysis

Geographically, North America is expected to show maximum potential for the players of global intralogistics market. The dominance of the region is the result of major technological developments in U.S. and Canada. Also, adoption of technologies such as IoT and AI in various business sectors is promoting the growth of intralogistics market in North America.

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Fuel Card Market Growth ,Overview with Detailed Analysis 2020-2027

According to a new market report published by Transparency Market Research on the global fuel card market for the forecast period of 2019–2027, the fuel card market is expected to reach a value of ~US$ 55 Bn by 2027.

Global Fuel Card Market: Overview

• The global fuel card market was valued at ~US$ 33 Bn in 2018, and is expected to expand at a CAGR of ~6% from 2019 to 2027. The market is expanding significantly in terms of size and value. The standard card technology segment is dominating the global fuel card market.
• The fuel card market in Asia Pacific is growing rapidly. Growing disposable income is driving people to opt for technologically-advanced cards to save on fuel expenses. Moreover, increasing of government initiatives in developing countries for the development of the corporate sector are driving the growth of the corporate fuel card market.  
• Europe is the largest regional market in the global fuel card market, accounting for ~38% share of the global fuel card market in 2018. North America has the second-largest number of fuel card users, as a result of attractive offers by key companies and supportive government initiatives toward cashless transactions.

Fuel Card Market: Driving Factors

• Rising demand for cashless fuel transactions in developing economies (as it is critical for fleets to monitor fuel purchases to control and manage fuel spending) is driving the fuel card market. Fuel cards offer good quality data on fuel purchases, which helps monitor individual vehicle and driver fuel economy, and apply operational strategies to enhance performance.

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Canada, Sweden, the U.K., France, and the U.S. are the top five cashless economies in the world. Cashless payments help reduce fuel theft via chip and pin cards, which is driving the demand for fuel cards, globally.

• The fleet management market is influenced by technology. The adoption of fleet management software in data management and analytics has been growing, which is expected to significantly boost the fuel card market.
• Rapid urbanization and industrialization in developing countries such as China, India, Mexico, South Africa, and Brazil is providing lucrative opportunities for the global fuel card market. Over the years, growth in the prepaid and contactless card industry has shaped the economies of several countries.

Fuel Card Market: Key Challenge

• Volatility in fuel prices is likely to be one of the major restraints of the fuel card market. As fuel prices are difficult to be projected, it is difficult to plan and budget for the same. Fuel prices are different across the globe; this is expected to have a huge negative impact on the growth of the fuel card market.

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Footwear Market Drivers, Trends & Forecasts by 2027

Footwear is considered as the one of the prominent fashion accessories especially amongst youngsters and millennial. Not only this, the increasing demand for trendy, yet comfortable footwear among all age groups a key factor driving the global footwear market. With increasing participation in sporting activities and changing lifestyle, there is a massive demand for athletic footwear among non-sportspersons as well. Major brands are likely to focus on innovation of new footwear designs and research & development activities to strengthen their foothold in the global footwear market. Companies are undertaking mergers and acquisitions, and joint ventures with local players to expand their product portfolio

Rise in sale of footwear through various mode of distribution channels and the gaining prominence of online mode of distribution is triggering the growth of footwear in the developing countries. Furthermore, the availabity of counterfeit products is anticipated to restrict the growth of the footwear market during the forecasted timeline.

The global footwear market stood at a valuation of US$ 235711.0 Mn in 2018 and is expected to be worth US$ 307549.5 Mn by 2027 in terms of revenue rising at a CAGR of 3.0% between 2017 and 2027.

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Non-Athletic Product Segment is projected to drive the market in the forecast period

In terms of product type, the global footwear market is divided on the basis of non-athletic footwear and athletic footwear. Athletic footwear is further bifurcated into soccer/football shoe, running and cross training/tennis shoe, golf shoe, hiking shoe, basketball shoe, baseball shoe, and others. In addition, non-athletic is sub-segmented into casual footwear, military boots, dress evening footwear, lite hiking outdoor sandal, and others. Non-athletic footwear segment has dominated the market both in terms of value and volume in the year 2018. The market has been classified on the basis of material into rubber, plastic, and others. Rubber holds a majority of market in terms of value in the year 2018. Rubber is considered as the most commonly used material which has been used to manufacture footwear in the recent past.

On the basis of distribution channel, the market has been classified into online channels, supermarkets and hypermarkets, independent retail stores, shoe stores, independent retail stores, textile retailers, and departmental stores. In the year 2018, online channels, independent retail stores, and supermarkets and hypermarkets collectively holds majority of the market in terms of value. On the basis of end-use, the footwear market is divided into men’s footwear, women’s footwear, and kid’s footwear. Women’s footwear has been making significant contribution in the global footwear market. Women are frequent buyers of footwear from hypermarket, supermarkets, and specialty stores and also through e-commerce websites. Manufacturing companies are also spending on innovation of new designs of footwear to rise the penetration of women footwear in the forecasted timeline.

Asia Pacific region anticipated to surge in the forecasted timeline

In terms of geography, the footwear market is divided in this report into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America holds a major market of footwear in terms of value in the year 2018. The market of Asia Pacific is projected to expand at a significant growth rate in the forecasted timeline. As there is rise in sale of footwear on company-owned websites and various e-commerce websites in countries like China, India, Japan and other South-East Asian countries etc.

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Prominent companies operating in the global footwear market are

• Adidas AG
• Nike Inc.
• New Balance Inc.
• Puma SE
• Asics Corp.
• Bata Limited
• Deichmann SE
• Skechers USA Inc.
• VF Corp.

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