Smart Pillow Market to Witness a Pronounce Growth During 2027

 

• Smart pillows refer to pillows with some additional features such as shape adjustment and snoring control. People with sleeping disorders, heart disorders, diabetics etc. prefer these pillows. Technological development and product innovation is increasing the efficiency of smart pillows, which is expected to boost their demand in the coming years.
• Growing geriatric population and various sleep disorders are propelling the demand for smart pillows across the globe. Design of smart pillows is convenient and comfortable for older people and patients, which is also impacting their demand.

Key Drivers of the Global Smart Pillow Market

• Significant increase in sleep related problems and population of elderly people are propelling the demand for smart pillows. Additionally, increasing product efficiency due to advancement in these pillows such as new features (guided meditation and sleep mode) is boosting the overall market growth. Growing demand from hospitals and hotels (the commercial sector) is also expected to encourage the smart pillow market across the globe.
• Sleep related problems such as snoring is mostly associated with other health issues such as diabetes and obesity. Growing number of people with these issues is expected to be a major driving factor for the smart pillow market in the near future. Manufacturers involved in the production of smart pillows are also focusing on product innovation by increasing investment in R&D for product feature development and improvement in product efficiency. This is also anticipated to drive the market in the future.

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Smart Pillow Market Anticipated to Create Attractive Opportunities in Future

• Sleep deprivation may lead to depression, hormonal imbalance, weakened immunity, memory loss, obesity, irregular blood pressure, diabetes, and other chronic illnesses. Smart pillows have proven to be the best solution to prevent sleep related disorders. Increasing awareness regarding sleep disorders and growing preference for smart pillows is anticipated to create lucrative opportunities for smart pillow manufacturers in future.
• Smart pillows have several features such as different sleep modes, meditation guidance, and cooling technology which is also beneficial for travelers. This factor is expected to open up untapped markets for product vendors in the coming years.

High Cost of the Product Expected to Obstruct the Overall Smart Pillow Market

• Currently, high production cost is the major hindrance faced by smart pillow manufacturers.  Product cost and maintenance cost is high compared to regular pillows which is expected to affect the global smart pillow market during the forecast period. The high cost of the smart pillows makes it unaffordable for middle class consumers. This is anticipated to hinder the growth of the smart pillow market during the forecast period.

North America and Europe anticipated to dominate the global smart pillow market

• North America, followed by Europe, dominates the smart pillow market. These regions are expected to maintain their dominance throughout the forecast period. Large number of people suffering from sleeping disorders is a major driving factor of regional market growth. Consumers prefer good quality, expensive pillows for comfortable and adequate sleep.
• The market in Asia Pacific is also expected to show significant growth rate in the coming years due to increasing disposable income and increasing preference for modern health care facilities.  Growing awareness about sleep related problems across developing countries in Asia Pacific and Middle East & Africa is the major driving factor of the smart pillow market in these regions.

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Key Players Operating in the Global Market

The global smart pillow market is highly concentrated with major manufacturers accounting for around 20%–25% market share of the overall market. A few of the major players operating in the global smart pillow market include:

• Sunrise Smart Pillow
• ZEEQ
• 10minds
• ADVANSA
• Advanced Sleep Technologies, LLC
• Moona
• Gio Clavis
• Pressure Profile Systems Inc.

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Tiny House Market Overview Report by 2020-2030

Living in a house that is free from any kind of utility bills, mortgage, and rent is more like eternal bliss. These days, it is possible to live in houses that produce its own water and generates electricity bill. Even more, such houses can be built by an individual at a very affordable price. In a rapidly changing world, environment friendly and economic forces constantly ask us to re-evaluate how we live on this planet. The Tiny House Movement has gained immense popularity in the US and is gaining momentum outside the country as well. With current economic crisis induced by global pandemic, Civid-19, it is expected that tiny houses will gain considerable popularity across the globe, thanks to its low cost. Outbreak of novel coronavirus is likely to boost growth of the global tiny house market in the years to come. Tiny houses are all about living beautifully, simply, and yet one can have everything one needs.

Product and region are the two important parameters based on which the global tiny house market has been classified. Such dissection of the market comes with the purpose to offer stakeholders with a detailed and clear analysis of the global tiny house market.

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Global Tiny House Market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global tiny house market is mentioned below:

• In August 2019, Based out of Arizona, the US, Cavco Industries, Inc. is a prominent designer and makers of systems-built structures. The company made acquisition of Georgia-based Destiny Industries, LLC. The acquired company offers modular, manufactured, and affordable housing solutions to independent retails distributors in the south-eastern parts of the US. With this acquisition, Cavco Industries is expected to widen its geographical footprint and cater to more customers across the nation.

Some of the prominent organizations in the global tiny house market comprise the below-mentioned:

• Tumbleweed Tiny House Co.
• Skyline Champion Corp.
• CMH Services Inc.
• Tiny SMART House Inc.
• Cavco Industries Inc.
• Humble Hand Craft

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Global Tiny House Market: Key Trends

The global tiny house market is characterized by the presence of the following restraints, drivers, and opportunities.

Demand for Energy Efficient Homes to Pave Way for Rapid growth of the Market

The global tiny house market is likely to be driven by the rising cost of living together with very high interest rate of home loans. High interest rates on home loans have been driving consumers to look for affordable housing solutions. Consumers are also getting increasingly interested in homes that have low maintenance cost, are energy efficient, and environment friendly. Growing interest and spending on such cost effective, environment-friendly tiny houses is likely to shoot up the demand for the product in the years to come.

There has been a growing interest amongst the manufacturers to build tiny houses so as to considerably reduce the impact of the house owners on the environment. In comparison with conventional residences, tiny houses are highly energy efficient as well. Tiny houses require very less electrical fixtures and electronic equipment, which often result in the reduced cost of energy in the long run. In addition to that, many of the tiny houses are powered by solar energy, which further reduces the cost of energy. Many of the tiny house owners go for spraying of clear coating metallic oxide to regulate temperatures at these houses. All these factors are likely to support growth of the global tiny house market in the years to come.

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Inventory Management Software Market Expected to Witness a Sustainable Growth over 2027

Growing e-commerce industry and prevailing technological developments are providing huge potential to the solutions providers across the globe. The companies are offering solutions that can reduce the time consumed during the monitoring and managing the assets of the businesses. One solution in particular the inventory management software is currently gaining major traction these days. This is because of the growing trend of online shopping and online rental services. These industries rely heavily on inventory and hence the monitoring is crucial. As a result of these requirements, the global inventory management software market is growing at a rapid pace in the forecast period of 2019 to 2027. 

A report by Transparency Market Research provides crucial information about the changing dynamics of global inventory management software market. The report covers facets like current developments, major market challenges and key trends pertaining in the global inventory management software in the forecast period of 2019 to 2027. 

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Global Inventory Management Software Market: Notable Developments 

The global inventory management software market will witness a highly competitive scenario in coming years. This is because of the emergence of various players providing solutions integrated with technologies that can transform the inventory management sector altogether. As automation strengthen its grip over various business verticals, inventory management software providers are adopting technologies that can support automation. 

Also, to maintain their dominance in global inventory management software market, established organizations are acquiring various new and small businesses. This strategy allows the businesses to use the technology of smaller company to improve their product portfolio and gain a competitive edge over the rivals. This strategy also allows the organizations to strengthen its stronghold over the global inventory management software market in the projected time frame. 

For instance: 

• In 2018, Callidus Cloud Software, Inc. was acquired by SAP SE. The acquisition was aimed to strengthen SAP's position in inventory management software market with the integration of modern CRM along with sales optimization capabilities. With this acquisition SAP SE can gain a considerable growth in global inventory management software market during the forecast period of 2019 to 2027. 

Some more prominent players of global inventory management software market are: 

• Oracle
• SAP SE
• Microsoft
• Wasp Barcode Technologies 

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Global Inventory Management Software Market: Key Drivers 

Importance of Real-Time Information 

The new tools arriving in the global inventory management software market are allowing businesses to become proactive about maintaining their inventory. The software developers are incorporating technologies that can provide historical as well as current data about the inventory in real-time. This allows the players to plan and manage future strategies that can help them improve their profit quotient. With the real-time information provided by these software, businesses can manage the budget and invest on plans that can help the businesses to expand. As a result of these benefits numerous businesses are implementing inventory management software in their business which is helping the global inventory management software to grow a steady pace in the forecast period of 2019 to 2027. 

Optimal Task Automation 

Having a precise idea about the current status of inventory can allow organizations to plan their task in optimal manner. With advanced inventory management software, enterprises can predict exact time to conduct a task which in turns improves the efficiency of the business. As a result of this benefit, the global inventory management software market is experiencing a substantial growth in the forecast period of 2019 to 2027. 

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Automotive Electronics Market Analysis by 2020-2022

Competition in the global automotive electronics market is likely to increase, as the leading players are using different strategies to strengthen their position in the market. Growing entry of new players in this market is also expected to further increase competition in this market. The report published by Transparency Market Research elucidated about these strategies used by key players. Companies are focusing on research and development activities to develop new products to provide advanced services to their customers.

Mergers and acquisitions and expansion are other strategies widely adopted by the players operating in the global automotive electronics market. Some of the prominent players analyzed in the report are Maxim Integrated Products Inc., ST Microelectronics N.V., ON Semiconductor Corp., and Robert Bosch GmbH, Infineon Technologies AG.

According to the TMR’s report, the global automotive electronics market is expected to rise at a steady CAGR of 7.40% over the projected period between 2017 and 2022. In terms of revenue, the market valuation is estimated to reach US$5.04 bn by the end of forecast period. In 2017, the global automotive electronics market earned US$3.53 bn.

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In terms of sales channel, the OEM (original equipment manufacturer) segment is likely to hold maximum share in the coming years as compared to its counterpart i.e. aftermarket segment. The OEM segment is rising due to increasing consumer preference to buy electronic components directly from manufacturers, as these components play a vital role in vehicle performance.

On the regional front, Europe is estimated to dominate the global automotive electronics market during the forecast period. The automotive electronics market in Europe could rise at 6.5% CAGR due to increasing demand for advanced automotive vehicles. Whereas, developed regions in Asia Pacific are expected to hold substantial share in this market in the near future.

Technological Advancements to Accelerate Market Potential

Demand for advanced automotive vehicles has increased in both developed and developing economies. This growth has further augmented demand for advanced safety-systems such as lane departure warning (LDW), airbags, and automatic emergency braking (AEB). Moreover, the demand for advanced features likes alcohol ignition interlocks, accident data recorder systems, and emergency call systems have grown rapidly.

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Adding further to the growth drivers, growing application of automotive electronics in safety systems, body electronics, powertrain, and advanced driver assistance are further fueling growth in this market. Furthermore, manufacturers working on the global automotive electronics market focusing on advanced technologies and innovation, which is projected to diversify the global automotive electronics market in the coming years.

Restrict Regulations to Challenging Growth in Global Automotive Electronics Market

On the contrary, protection of complex electronic systems and reducing damage caused by electrical hazards is the key challenges faced in the global automotive electronics market. Additionally, strong government regulations related to vehicle safety might also hinder growth in this market. However, growing environmental sustainability with high demand for innovative infotainment systems are likely to fuel demand for complex electronics systems thus, expanding the global automotive electronics market. Introduction of advanced technology in-vehicle safety could help in overcoming these challenges.

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Fiber Bragg Grating Amplifier Market: Competitive Dynamics & Global Outlook 2030

Transparency Market Research delivers key insights on the global fiber Bragg grating amplifier market. In terms of revenue, the global fiber Bragg grating amplifier market is estimated to expand at a CAGR of ~9% during the forecast period, owing to numerous factors regarding which, TMR offers thorough insights and forecasts in its report on the global fiber Bragg grating amplifier market.

The global fiber Bragg grating amplifier market is broadly affected by several factors, including advantage of FBG amplifiers across several industries for a variety of applications and the use of FBG as an optical ampli?er gain ?attening ?lter. Thus, rising demand for the development of new electronic products is propelling the global market for fiber Bragg grating amplifiers.

Fiber Bragg Grating Amplifier Market Dynamics

The adoption of the FBG technology across various industries for various applications is expected to drive the market. The advantages of fiber Bragg grating amplifiers include its small size and easy integration into a wide variety of systems; it is electrically immune, hence there is no conduction of electric current.

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Fiber Bragg Grating Amplifier Market: Prominent Regions

The U.S. holds a leading share of the North America fiber Bragg grating amplifier market. The market in the country is expected to expand at a moderate rate during the forecast period. The U.S. witnesses high availability of technologically advanced products. India is expected to be the most rapidly growing economy in the Asia Pacific region over the next few years. India has a large population and presence of a large number of consumers, wherein fiber Bragg grating amplifiers are used. EU5, which consists of the U.K., Germany, France, Italy, and Spain holds the maximum share of the Europe fiber Bragg grating market, owing to the usage of FBG as optical amplier gaining sectors in these countries.

Fiber Bragg Grating Amplifier Market: Key Players

Key players operating in the global fiber Bragg grating amplifier market include Com&Sens bvba, Cybel LLC, FBGS Technologies GmbH, Femto Sensing International, Hottinger Baldwin Messtechnik GmbH, iXBlue Photonics, Optical Fiber Solutions, QPS Photronics, Technicia Optical Components LLC, and TeraXion Inc.

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Free Space Optics (FSO) Communication Market Size, Share, Development by 2025

The global market free space optics (FSO) communication is predicted to exhibit a highly positive growth trajectory in the forthcoming years, as reported by Transparency Market Research (TMR). According to the report, the market is dynamic due to the vicinity of a critical number of players of all sizes, big and small. A portion of the significant vendors in the worldwide free space optics market are AOptix Technologies Inc., Anova Technologies, fSONA Networks Corp., Optelix, LightPointe Communications, Inc., Wireless Excellence Limited, Mostcom Ltd., IBSENtelecom Ltd., Harris Corporation and Trimble Hungary Ltd.

The global free space optics market is expected to exhibit a phenomenal 32.5% CAGR from 2017 to 2025, the forecast period. Expanding at this pace, the market which was worth US$92.2 mn in 2016 will likely become worth US$1.07 bn by 2025.

Information Exchange to be Leading Segment due to Advent of IT

Application-wise, the key sections of the worldwide free space optics market are capacity region arrange, information transmission, resistance, security, airborne applications, health care, disaster management, and so on. Of them, the use of free space optics for information transmission represented most extreme offer in the market. This, in light of the fact that the information transmitted through free space optics is more secure contrasted with RF or different remote transmission innovations. Thus, it is favored over the customary remote advances.

Geologically, the key portions of the worldwide free space optics market are North America, South America, Asia Pacific, Europe, and the Middle East and Africa. Among them, Asia Pacific is anticipated to outpace every single other area by enlisting a CAGR of 33.4% from 2016 to 2025. The multiplication of telecommunication and IT in the quickly extending economies of India and China is at the bleeding edge of driving development in the worldwide free space optics market.

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Representing an obstacle to the worldwide free space optics market is the ecological obstruction or barometrical consideration influencing the flag quality. Serving to handle the issue is the laser auto GPS beacons, multi-shaft, multi-way engineering, and mixture double mode RF innovation to relieve the impacts of barometrical lessening. Thusly, the worldwide market is relied upon to witness unfaltering development over the coming years.

Emerging Regions to Offer Rich Market Opportunity

The market for free space optics innovation is by and large essentially determined by the prerequisite for fast availability requiring little effort, combined with the troubles of communication fiber. Free space optics communication innovation has increased business feasibility, driven by various components incorporating the ascent in the worldwide optical system, the ascent in high transmission capacity applications, fiber deficiencies concerning both supply and foundation, and the cost adequacy of FSO in contrast with different advancements. Increment sought after for high data transfer capacity combined with the fuse of free space optics in 3G and 4G systems and the developing sending of this innovation in military applications is decidedly affecting the extension of the worldwide market.  

Further, swift communication and simple establishment of free space optical frameworks permit specialist organizations to take off new administrations for all intents and purposes overnight and this is affecting the market development emphatically. The sound financial development of developing markets, for instance, Japan, China, India, Africa and South America is boosting the development of most recent advancements, which thus, is anticipated to drive the demand for free space optical systems in the coming years. These driving components are set to support the growth of the worldwide market over the years to come.

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The data and information presented in this review are based on a TMR report titled, “Free Space Optics Communication Market (Components – Transmitters, Receivers, Modulators, Demodulators, and Encoders and Decoders; Application – Storage Area Network, Data Transmission, Defense, Security, Airborne Applications, Healthcare, Disaster Recover, and Last Mile Access) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025.”

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Inertial Measurement Unit Market Statistics by 2020-2022

The global inertial measurement unit market is expected to be bolstered by the rising manufacture of aircrafts on a world platform triggering the rise of the need of better navigation techniques. The requirement of equipment with greater usage ease on account of the advancement of worldwide lifestyle enabled the engagement of motion sensing technology extensively using inertial sensors. This could play a critical part in defining the market and driving its growth in the near future. Complex navigation systems equipped with inertial sensors could find an increasing demand because of the unparalleled rise in the use of unmanned automobiles across defense and civilian applications.

The global inertial measurement unit market is predicted by Transparency Market Research (TMR) to reach a valuation of US$3.6 bn by 2022 end from a US$2.6 bn achieved in 2017. During the forecast timeframe 2017–2022, a CAGR of 6.0% could be posted by the market.

Global Inertial Measurement Unit Market: Major Insights

Developed regions such as North America are anticipated to set the tone for a constructive growth in the world inertial measurement unit market. This could be due to three main factors such as the massive inflow of federal investments, aggressive advancement in the microelectromechanical systems (MEMS) technology, and towering demand for commercial aircraft. Besides this, the U.S. government support for the military prioritization on inertial measurement unit could improve the growth of North America. Developing regions such as Asia Pacific, on the other hand, could amplify the demand in the global market on the back of new entrants dealing with MEMS that increasingly focus on the manufacture of advanced technology.

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The world inertial measurement unit market is prognosticated to be classified as per four categories, i.e. product, platform, end use, and sales channel. According to product type segmentation, there could be opportunities in markets such as gyroscope, accelerometer, magnetometer, and attitude sensor. The report authors foresee the market to be dominated by gyroscopes in the product category, which is envisaged to expand at a 6.4% CAGR.

In view of platform, there could be prospects birthing in the world inertial measurement unit market from segments such as land, airborne, and naval. By end use, the market is projected to see a classification into aerospace and defense, automotive, sports, and other industries. With respect to sales channel, important markets such as direct sales, online retail, electronic component stores, and others could create opportunities for industry players.

Geographically, the world inertial measurement unit market is envisioned to be divided into Latin America, North America, Europe, Asia Pacific except Japan (APEJ), the Middle East and Africa (MEA), and Japan. Out of these regions, the market could testify the control taken over by North America as a larger segment while rising at a 6.4% CAGR.

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Global Inertial Measurement Unit Market: Vendor Landscape

As per the analysis of the publication, Honeywell International, Inc., Thales Group, Northrop Grumman Corporation, Safran Electronics & Defense SAS, Rockwell Collins, Systron Donner Inertial, KVH Industries, Inc., Moog, Inc., Fairchild Semiconductor International, Inc., and Kearfott Corporation could be key companies operating in the worldwide inertial measurement unit market.

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