Snake Robot Market: Factors Helping to Maintain Strong Position Globally 2020-2026

The robotics has brought revolution in automation process across various end use industry. Robotics is now been majorly used in industry’s, surgery, airplanes, ships and communication. Snake robot are automating systems that provides compelling enhancement in the efficiency of surgery and infiltration of spaces that were previously impenetrable. These are portable devices and are extension to existing robotic arms. It is also known as Snakebot and resembles to that of biological snakes. The first snake like robot was built by Prof. Hirose in 1972. These snake robots comes in different sizes, shapes & designs. These are pretty mobile and are built on hardware and software technology. It has two significant qualities, one of the quality is its ability to maneuver through and move into confined spaces.

The other quality includes the ability to change the shape of its body that allows them to perform in wide range of circumstances, such as climbing tree trunks or climbing stairs. Furthermore, most snake robots are composed by chaining a number of independent links together. This adds redundancy in snake robots that makes them resistant to breakdown, even if the some part of the robots being destroyed. Properties such as redundancy, high terrain ability and complete scaling of the robot body makes snake robot very alluring for constructive application.

These are mostly used in confined spaces. Confined spaces exist in aircraft wings, nuclear reactors, industrial processing plant, the human body, underwater environments space and ship-building. Roads, buildings, pipelines and other human spaces all have confined spaces. Snake robots have a slender, long and flexible design without any protrusions thus they can easily maneuvered into any position and retract back without disturbing their environment.

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Snake Robot Market: Highlights

For instance, recently a 7.1 magnitude earthquake had struck Mexico City wherein the snake robots where used for search and rescue operations to look for survivors. These snake robots provide assistance to rescue workers by reaching into fragile and difficult situations so that they could see things that they otherwise could not.

The snake robot leverages a new innovative technique for robotic movement that is beneficial for users by providing suitable access to difficult spaces. Also, it is used in undersea for inspection purpose. Also, their ability to change the shape of its body according to changing environment could drive the snake robot market. However, the snake robot is currently in research stage and the available snake robot are very costly that acts as restraint in snake robot market.

Snake Robot Market: Key Segments

Global snake robot market can be segmented into component, applications and end-use industry. On the basis of component, snake robot market can be bifurcated as hardware, software and services. Again, the hardware segment can be bifurcated into sensors, servo motors, IC controllers, pneumatic tubes & wires, lithium ion battery and others. By applications, snake robot market can be segmented into monitoring & surveillance, fire extinguishing, maintenance & inspection, nuclear decommissioning, surgeries and others. Maintenance & inspection is one the major dominating application of snake robots. This application is majorly used in aircraft wings and large manufacturing sites as these places are very narrow and it is very difficult for the employee to clean, inspect these places. On the basis of End-Use industry, the snake robot market can be further segmented into defense & military, automotive, healthcare, aerospace, education and others.

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Geographically, snake robot market can be bifurcated into North America, South America Europe, Asia Pacific, and Middle East & Africa. North America is expected to have the highest market share among all the regions due to the presence of many research and development institutes and robotic automation systems manufacturing companies that are keen on developing snake robots that can be used various applications

Snake Robot Market: Key Players

Some of the prominent companies that are into manufacturing of Snake Robot market includes Medrobotics, HiBot, OC Robotics, Hirose Fukushima Laboratory, Sintef, Applied robotics Technologies LLC, Sarcos Corporation, Kuka Automation Company, Tokyo Institute of technology, Tesla Inc., Carnegie Mellon University and many among others. These major companies are currently in process of making several snake robot prototypes in order to understand the snake’s locomotion and also they are working on various prototypes that can be used in harsh external outdoor environment.

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Automotive Artificial Intelligence Market: Consumption, Sales, Production, and Other Forecasts 2020-2026

Artificial intelligence (AI) systems are used to alter, process, and function data and algorithms to imitate the intellectual functions of the human mind, and gain the capacity to absorb and resolve problems automatically. Vehicles with self-driving features are more likely to adopt such systems to improve their efficiency and functioning.

Expansion of the automotive industry is expected to drive the demand for automotive artificial intelligence. The automotive artificial intelligence market is likely to expand at a significant pace during forecast period owing to the advent of various advanced features and expansion of the service sector for automotive application. Moreover, key players operating in the automotive industry are investing heavily in order to develop advanced technology for vehicles. Varying customer preference for convenience, security, and safety offers an opportunity for vehicle manufacturers to implement AI systems in vehicles.

The addition of AI systems in vehicles is likely to fuel the cost of the vehicle, which is anticipated to reduce its affordability among consumers. This is a key factor restraining the market.

The global automotive artificial intelligence market can be segmented based on component, technology, process, application, vehicle type, sales channel, and region.

Based on component, the automotive artificial intelligence market can be bifurcated into hardware, software, and services. Software is a key component that stores data and executes commands. Hardware is utilized as an interface between the AI system and humans. All software require servicing for their effective functioning. Service can be provided by the system manufacturer or the OEM.

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In terms of technology, the market can be segregated into deep learning, machine learning, computer vision, and context awareness. Machine learning is a technology that helps systems automatically learn and develop from previous knowledge/ experience without the need for programing.

Based on process, the automotive artificial intelligence market can be divided into data mining, image processing, and signal recognition.

In terms of application, the automotive artificial intelligence market can be split into autonomous vehicles, semi-autonomous vehicles, and electric vehicles. An autonomous vehicle is a self-driving vehicle that utilizes various in-built technologies and sensors to perform those functions that are meant to be carried out by the driver. The rate of implementation of artificial intelligence systems in autonomous vehicles is considerably high, as autonomous vehicles require more technologically advanced features. The electric vehicles segment can be further sub-segmented into battery electric vehicles, & other 2 segments. Battery electric vehicles run on a pack of battery. Power to the electronic systems can be provided by those batteries, hence battery electric vehicles are likely to be adopted at a higher rate than the other two electric vehicle segments.

Based on vehicle type, the automotive artificial intelligence market can be divided into passenger vehicle and commercial vehicle. The passenger vehicle segment is projected to lead the market, as they are equipped with more advanced features. The passenger vehicle segment can be further split into hatchback, sedan, and SUV/MPV.

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In terms of sales channel, the automotive artificial intelligence market can be bifurcated into OEM, OES, and aftermarket. Most OEMs provide AI systems by themselves; hence, it is likely to be a leading segment of the automotive artificial intelligence market.

In terms of region, the automotive artificial intelligence market can be segmented into Europe, North America, Asia Pacific, Middle East & Africa, and Latin America. Europe led the market in 2017, as the rate of adoption of advanced features in vehicles was considerably high in the region.

Key players operating in the global automotive artificial intelligence market include Qualcomm Inc., NVIDIA Corporation, Intel Corporation, Alphabet Inc., Uber Technologies Inc., Microsoft Corporation, IBM Corporation, Hyundai Mobis, Xilinx Inc., and Harman International Industries Inc. Prominent startups involved in the development of AI systems include nuTonomy, AImotive, drive.ai, Nauto Inc., and Argo AI.

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Hand Wash Station Market: Verified Value and Volume Forecasts up to 2030

 

• A hand washing station is a portable sink which can be placed for outdoor hand cleaning. The product is also used for indoor applications.

Key Drivers of the Global Hand Wash Station Market

• Rising prevalence of H1N1 and COVID-19 is one of the key drivers of the hand wash station market. Rising consumer awareness about the importance of hand hygiene is expected to have a positive impact on the global hand wash station market.
• As per guidelines published by the World Health Organization (WHO) on April 1, 2020, every private and public commercial building should install a hand wash station for public access. This is one of the major reasons for the sales of hand wash stations at the global level.
• Huge innovations and technological advancements in the manufacturing process of hand wash stations, including foot pump sink, single sink, and multiple sink, drives the growth of the hand wash station global market.
• The commercial end-user segment is likely to expand at a higher pace in this market. Large number of corporate companies are installing hand wash stations near or inside their office premises.

Rising Investment from Government Sector to Create New Market Opportunities

• Governments of different developing countries are investing in hand wash station installation in rural and metro cities. This could create new opportunities in the market.

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High Bargaining Power of Buyers to Restrict Market Growth

• A large product range of hand wash stations are available in the market. Moreover, many small-scale manufacturers offer this product at a lower price. As a result, bargaining power of buyers is very high. This slows down the market growth for large scale manufacturers.

Asia Pacific the Dominant Market for Hand Wash Stations

• Asia Pacific accounted for the largest and fastest growing hand wash station market in 2019. North America and Europe accounted for significant share of the hand wash station market, with major players operating their global markets from these regions.
• Many small & medium companies are present in North America, Asia Pacific, and Latin America region. However, Germany and China are the hubs of hand wash station manufacturers.

Key Players Operating in the Global Hand Wash Station Market

The global hand wash station market is fragmented in nature. Companies are working on product innovation and development to increase their customer base.

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Furthermore, key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level. Some of the key players operating in the global hand wash station market are listed below:

• Acorn Engineering Company, Inc.
• CROWN VERITY INC.
• Monsam Enterprises
• PolyJohn
• Mr. John
• TEAL Patents
• Belson Outdoors

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Rayon Fancy Yarn Market: Top Challenges to Face in 2020-2030

 

• Rayon fancy yarn is a man-made regenerated cellulose fiber prepared from natural sources of cellulose, such as wood and related agricultural products. Properties of rayon are very much similar to natural cellulose fibers such as cotton and linen. Rayon fancy yarn is relatively inexpensive as compared to other varieties of fancy yarn.
• People across the globe are experiencing home isolation due to the COVID-19 pandemic, which has impacted the production of rayon fancy yarn, as most federal governments have implemented lockdown. Manufacturing companies are also expanding their online sales channels in various countries across the globe in order to boost the sale of their exclusive range of rayon fancy yarn.

Increasing Demand for Fashion Fabrics

• Rapid expansion of the middle class population and changing consumer preferences related to fashion and clothing are estimated to drive the demand for fancy yarn during the forecast period. The commercial significance of fancy yarn is expected to increase due to its richness and artistic impact on woven and knitted fibers.
• The style conscious young generation is investing in fashion clothing and always looking for diversified offerings. Fashion fabrics are increasingly used in knitwear and outwear.

Rise in Production and Export of Fancy Yarn

• Increase in production of various types of fancy yarn in China, India, Korea, Taiwan, Turkey, and the U.S. etc. is projected to drive the rayon fancy yarn market during the forecasted timeline. Countries such as China, India, Taiwan, and Turkey are exporting fancy yarn to various countries of the globe due to rapid increase in demand for rayon fancy yarn to manufacture outwear, curtains, protective clothing etc.

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Rayon Fancy Yarn Market in Asia Pacific to Expand Rapidly

• Geographically, the global rayon fancy yarn market can be divided into five regions: North America, Europe , Asia Pacific, Middle East & Africa, and South America
• Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. The country-level analysis and forecast of the Europe market includes historical and forecast analysis for the U.K., Germany, France, and Rest of Europe. The country-level analysis and forecast for the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast for the rayon fancy yarn market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America rayon fancy yarn market is categorized into Brazil, and Rest of South America.
• The rayon fancy yarn market in Asia Pacific expanded at a rapid pace in 2019. The market in Asia Pacific is anticipated to expand at a significant rate during the forecast period due to a rise in usage of rayon in making sportswear, curtains, and cushions etc. in India, Japan, South Korea, and various other countries across Southeast Asia.

Key Players Operating in the Rayon Fancy Yarn Market

Prominent rayon fancy yarn companies are projected to witness tough competition during the forecast period. Brands such as Filpucci spa, Grasim Industries Limited., XIAMEN HLX IMPORT AND EXPORT CO., LTD., and ITOCHU Corporation are investing significantly on research & development to introduce new range of rayon fancy yarn and launch an exclusive range of rayon fancy yarn into the market. Companies are boosting awareness and conducting promotional drives to increase the demand for rayon fancy yarn in emerging economies across the globe.

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Key players operating in the global rayon fancy yarn market include:

• Filpucci spa
• Shanti Rayons India Pvt. Ltd.
• Cortex Textile
• Hangzhou Xingsheng Textile Co Ltd.
• Grasim Industries Limited.
• RST GROUP
• XIAMEN HLX IMPORT AND EXPORT CO., LTD.
• Sateri

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Smart Trash Bin Market: Top Trends to Look for in 2020-2030

 

• A smart trash bin is a technologically advanced waste management system. It has wireless ultrasonic sensors embedded inside which monitors the bin through IoT. This data is further sent to a cloud-based monitoring and analytics platform.
• Major players across the globe are introducing smart trash bins with unique materials and advanced technology that help users in easing logistics, reducing costs, and improving the environment. This is likely to drive the demand for smart trash bins in the coming years.

Rising Usage of Smart Trash Bins

• Increasing awareness about the usage of technologically advanced trash bins among users is influencing them to opt for smart trash bins. Emerging countries across the globe are promoting their major cities with smart technology in order to meet smart city project initiatives, which is likely to gain demand for smart trash bins. End-users consider these systems effective as they offer multiple benefits in terms of time saving, minimizes infrastructure, and operating costs by up to 30%. In addition, rising dependency of users on smart systems that have the ability of reducing manpower requirements to handle the garbage collection process, is found to be an additional benefit in different geographies. This is promoting the growth of the global smart trash bin market.

Presence of Alternate Solutions: A Key Restraint

• Easy availability of several alternative solutions to trash bins across the globe is likely be a major barrier to the growth of the smart trash bin market. Users still find a traditional bin to be more convenient, as it is cost effective and easy to use. Wireless technologies used in the smart trash bin has a shorter range and lower data speed. It also needs sensor nodes for its operation which has limited memory size. In addition, cost required for training the employees to operate smart trash bins along with its overall maintenance cost may impact the growth of the smart trash bin market.

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Asia Pacific a Potential Market for Smart Trash Bins

• The global smart trash bin 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 smart trash bin market in Europe includes the U.K., Germany, France, and Rest of Europe. Similarly, the market in Asia Pacific comprises India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes GCC, South Africa, and Rest of Middle East & Africa. The smart trash bin market in South America has been segmented into Brazil and Rest of South America.
• Asia Pacific is expected to remain a potential market for smart trash bins during the forecast period, owing to demand for trash bins and increasing preference for smart products in the past few years in the region.

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Key Players Operating in the Global Smart Trash Bin Market

The global smart trash bin market is fragmented in nature, due to presence of a large number of global and regional players. A few of the key players operating in the global smart trash bin market are:

• EKO USA
• Enevo Oy
• Home Depot, Inc.
• Honey-Can-Do International
• iTouchless Housewares &
• Products, Inc.
• Nine Stars Group USA, Inc.
• Simplehuman
• Skyline International (Modernhome)

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Food Robotics Market: Deep Company Profiling of Leading Players 2020-2025

Technological advancements in numerous domains have expanded the application possibility of robotics to an astonishing extent. Robotics and their application in the food industry is a prominent technology which has the ability to transform the procedures in food processing and handling, food serving, and palletizing & packing. Currently the market is seeing the massively developed trend of robotics deployment in the food industry. Initially, robotics in the food industry focused on end-of-line work than the robots surpassed at it, however there was a demand for quicker and more active machines that are able to work with an advanced feature in the production line and deliver rapid pick and place processes on food products.

Increasing need to expand productivity, rising food safety rules and regulation, and increasing demand for packaged food products are the trends which are projected to drive the demand for food robotics during the forecast period. Furthermore, benefits conferred by the new technologies comprises advanced efficiency in food processing and production, reliable, quality products, and growing manufacturing efficiency which are the key drivers that are estimated to expand the overall food robotics market in the near future.

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However, lack of skilled staff in developing economies, cost of fitting & fixing, and service charges of robotic systems are expected to restrain the food robotics market during the forecast period. Furthermore, increasing production of low-cost robots and functionality of robotics are projected to provide an opportunity to boost the food robotics market during the forecast period.

The global food robotics market has been segmented by type, payload, application, end-use industry, and region. In terms of type, the market has been divided into SCARA, articulated, parallel, Cartesian, collaborative, cylindrical, and others. SCARA segment is projected to develop at a significant growth rate in the near future. Based on payload, the food robotics market can be segmented into low, medium, and high. According to application segment, the market is bifurcated into palletizing, packaging, repackaging, pick & place, processing, and other application.

The palletizing and packaging segment is anticipated to be the fastest growing segment during the forecast period due to the rising use of packaging robotics. The use of robotic solutions for packaging allows an improvement of reliability in packaging solutions and diminishing wastage. The end-use industry segment is further segregated into beverage, poultry, meat, and seafood, bakery, dairy, confectionery, fruits & vegetables, and other end-use industries.

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In terms of region, the market is distributed into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. Furthermore, this region is mainly attributed to increasing investment for automation or robotics in the dairy industry, rising demand for automation in ready foodstuffs and meat processing which improved competitiveness in the region. As result of this, Asia Pacific is the fastest growing region during the forecast period as compared to other regions.

Major companies operating in the global food robotics market includes MAYEKAWA MFG. CO., LTD., ABB Group, Bastian Solutions, Inc., Mitsubishi Electric Corporation, Rockwell Automation, Inc., Seiko Epson Corporation, KUKA Automation company, Yaskawa Electric Corporation, Stäubli International AG, FANUC CORPORATION, Kawasaki Heavy Industries, Ltd., and Universal Robots A/S. Players in the automation and robotics market are expected to witness rising demand for robotics solutions during the forecast years, due to the growing technological advancements.

Players operating in the food robotics market are introducing new technologies with varied product portfolios and also developing supply chain networks in order to sell their products in the market. As result of this, the market is anticipated to witness an upsurge in the trend of growing production of low-cost robots and demand for bringing down production cost. This in turn is expected to drive the adoption rate of food robotics.

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Luxury Watches Market: Growth Opportunities to Tap into in 2020-2025

Luxury watches are considered to be exclusive items and wearing them signifies status symbol for men and women. Rising brand preferences among the population is resulting in the noteworthy growth of the global luxury watches market. Manufacturers of luxury watches are focused on different marketing strategies in order to gain a larger part of the market share.

Manufacturers understand the importance of using social media as a means to promote their products amongst the population. Upgrades, to visual merchandising in supermarkets and hypermarkets in order to grab customer attention is resulting in the high demand for luxury watches in recent years. Additionally, development of digital channels has become a new strategy among key players to lure more customer attention toward purchase of watches.

The global luxury watch market has been segmented on the basis of product type, gender type, and distribution channel. By product type, the global luxury watch market has been segmented into mechanical quartz and others. On the basis of gender type, the market has been segmented into women’s luxury watches and men’s luxury watches. Women’s luxury watches dominated the global luxury watch market owing to inclination of women toward fashion and luxury.

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Men’s luxury watches are expected to show the fastest growth during the forecast period due to the rising trend of fashion among men. On the basis of distribution channel, the market has been segmented into two types – online retail channel and offline retail channel. Online distribution channel of the global luxury watches market showed the fastest growth rate owing to the rising penetration of different apps and presence of different brand options. Convenience that consumers derive from online shopping has also resulted in the high growth rate of the global luxury watch market.

The global luxury watch market is mainly driven by the emerging fashion trends amongst the population. In addition, blend of traditional and modern style of watches has resulted in the rise in demand for luxury watches. Moreover, watches with smart technology are also propelling the growth rate of the market. However, high production cost is resulting to increase in inventory is restraining the global luxury watch market. Counterfeit products by different local players is also a major threat to the global luxury watch market.

Additionally, rising demand for premium quality luxury watches in developing regions such as Asia Pacific is projected to generate opportunity for the global luxury watch market during the forecast period.

In the region-wise study, the global luxury watches market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe which comprises Germany, France, Italy, the U.K., and Switzerland among the other countries dominated the global luxury watch market owing to the rising demand for premium quality products amongst the population.

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Switzerland compared to the other countries in Europe dominated the market and also enjoys a position of monopoly. For instance, Rolex is considered to be the most valuable watch brand of Switzerland. Additionally, Asia Pacific which comprises China, India Japan, and Australia is likely to show the fastest growth rate during the forecast period. China compared to the other countries in Asia Pacific grabbed a larger part of the market share owing to the presence of large number of manufacturers.

The luxury watch market comprises several key players who are highly competitive in nature. With the changing consumer tastes and preferences, manufacturers are focused on developing high end watches. Some of the major participants of this market include LVMH, Richemont, Swatch Group, Rolex, Burberry, Breitling, Festina, Fossil Group, Seiko Watch, Patek Philippe, and Chopard International among others.

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