Smart Trash Bin Market Dynamics, Applications and Emerging Growth Factors -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

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Rapid Liquid Printing Market In-depth Analysis, Industry Size Research Report Forecast up to 2030

 

• Rapid liquid printing refers to the technology by which inflatable and large structures are made. The technology uses a robotic system that creates objects of any size, drawing the shape of the object in space in a liquid gel suspension. In this process, two materials are mixed inside a nozzle, and then chemically cured. The printing process takes very less time and it can create small or big structures, customized products made of real world materials.

Key Drivers of the Global Rapid Liquid Printing Market

• Rising demand for custom design & manufacturing and increasing number of companies offering 3D printing services is encouraging several companies to adopt rapid liquid printers for their manufacturing process as rapid liquid printing is the fastest technology among all 3D printing technologies. This advancement in 3D printing technology is a driving factor that contributes to the growth of the rapid liquid printing market around the world.
• As compared to other 3D printing services, the rapid liquid printing process provides ease of development for customized products, with the ability to print using industrial grade materials that leads to increasing adoption of rapid liquid printing among manufacturers.

Factors Restraining the Global Rapid Liquid Printing Market

• High maintenance and high initial capital investment are major factors that may hinder the growth of the rapid liquid printing market globally.

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Market in Asia Pacific to Expand Rapidly

• In terms of geography, the global rapid liquid printing 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 rapid liquid printing 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 rapid liquid printing market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America rapid liquid printing market is segmented into Brazil, and Rest of South America.
• North America accounted for dominant share of the global rapid liquid printing market due to the presence of key printing material manufacturers in the region. Rapid expansion of the aerospace & defense industry in North America is propelling the demand for 3D printing technologies that is boosting the growth of the rapid liquid printing market in the region.
• The rapid liquid printing market in Asia Pacific region is projected to expand rapidly during the forecast period due to increasing demand for 3D printing technologies from automotive, utility, aerospace & defense, and healthcare industries. Moreover, due to ongoing industrialization in emerging economies, Japan and China are expected to be major markets for rapid liquid printing, accelerating the growth of the rapid liquid printing market in the region.

Key Players Operating in the Global Market

Manufacturers in the rapid liquid printing market are analyzing the preference and demand for 3D printing technologies. Manufacturers are focused on adopting acquisition strategies which will help them to expand their presence in the world. Several companies are spending on research and development for the improvement of products, which is likely to help in enhancing their competitive advantage in the market. Growing competition encourages market players to focus on introducing advanced products in terms of 3D printing technology.

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A few of the key players operating in the global rapid liquid printing market are:

• 3D Systems, Inc.
• Autodesk, Inc.
• BMW AG
• Dassault Systèmes
• EOS
• ExOne
• Materialise
• Native Shoes

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Thin Film Sensor Market Demand, Sales Volume, Revenue, Market Share, Price, Growth Rate by 2026

According to a new market report pertaining to the thin film sensor market, published by Transparency Market Research, the global thin film sensor market is expected to reach US$ 3,093.3 Mn by 2026, expanding at a CAGR of 3.1% from 2018 to 2026. North America is expected to lead consistently during the forecast period, with the market in the region expanding at a CAGR of 3.0% through 2026.

Thin film sensors possess features such as repeatability, accuracy, better adhesion, flexible designing, and are capable of surviving rough handling. Therefore, they perform effectively in several industrial and commercial applications. Also, their thermal responsiveness is better than conventional film sensors. They are more beneficial in terms of miniaturization and integration in electronic circuits.

Furthermore, they offer better performance under low-irradiation condition and make ultra large area process practicable with less material requirement and quick response time. Another significant use of this sensor is to incorporate it into a portable handheld measurement system. Thus, superior features of thin film sensors over conventional sensors is an important factor anticipated to facilitate the market growth throughout the forecast period.

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Thin Film Sensor Market: Scope of the Report

The global thin film sensor market is broadly segmented by sensor type, material, and end-user. By sensor type, temperature thin film sensor had the highest market share in 2017 and is further expected to maintain its dominance throughout the forecast period. Despite its low cost compared to other sensor types, thin film temperature sensor has major share due to its large volume and extensive usage in several end-use industries such as healthcare, aerospace & defense, and industrial automation. Pressure sensor is also anticipated to hold significant revenue share despite its low volume owing to the vast difference between the average selling price of thin film temperature and pressure sensors.

On the basis of material, platinum is expected to hold the highest revenue as well as volume share during the forecast period. Platinum can withstand oxidation and is effective over a range of –200 to +850 degrees C. The four basic ohm values of 100, 200, 500, and 1000 give the user different degrees of sensitivity within the sensor. Also, decreasing cost is further adding to its list of advantages. Therefore, platinum is anticipated to be the most lucrative material. Based on end-user, consumer electronics, healthcare, and industrial automation are collectively expected to comprise approximately 51.2% of the global thin film sensor market by 2026, in terms of revenue.

North America dominated the thin film sensor market in 2017 with the U.S. contributing majority share of revenue. The dominance of the region is attributed to the significant presence of thin film sensor manufacturers, increasing industrialization, and strong demand for portable consumer and healthcare electronics. Europe and Asia Pacific collectively represented ~54% revenue share in 2017 with Germany and China representing largest revenue share in the respective regions. Amongst all regions, the market in Asia Pacific is expected to expand at the highest CAGR of 3.5% and 5.1% by revenue and volume respectively during the forecast period.

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Global Thin Film Sensor Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global thin film sensor market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players in the thin film sensor market includes Gems Sensors & Controls, Inc., Heraeus Sensor Technology GmbH, Honeywell International Inc., Innovative Sensor Technology IST AG, Sensing Devices, Inc., Temperature Specialists, Inc., United Electric Controls Company, Vishay Intertechnology, Inc., AMETEK, Inc., and Baumer Group.

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Smart Antenna Market – Opportunities and Forecast, 2020-2027

The global smart antenna market was valued at US$ 5,296.0 Mn in 2018 and is anticipated to register a stable CAGR of 7.9% during the forecast period 2019 to 2027, according to a new report published by Transparency Market Research (TMR) titled “Smart Antenna Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.” Increasing application of smart antennas in smartphones and growing demand for smart antennas in wireless communication has increased the penetration and growth of the smart antenna market globally. The market in North America is expanding at a significant CAGR of 8.8% on the backdrop of numerous technological innovations in communication technology.

Increasing Popularity of Smartphones to Drive Growth of the Smart Antenna Market

Growing popularity of smartphones is ultimately resulting in high demand for smart antennas worldwide. Smartphones have become a viable alternative to laptops and personal digital assistants (PDAs), offering features such as SMS and voice messages coupled with multimedia functionality, internet applications, inbuilt GPS capabilities, and high data processing capabilities. Huge investments and advancements in technology are boosting the demand for smartphones globally. The growing requirement of quick data transmission and high speed of downloading and web browsing will continue to create heightened demand for smart antennas.

Rise in the Adoption of MIMO (Multiple Input Multiple Output) Technology to Drive Market Growth

By technology, the smart antenna market has been segmented into SIMO (Single Input Multiple Output), MIMO (Multiple Input Multiple Output), and MISO (Multiple Input Single Output). Due to its higher spectral efficiency and link reliability or diversity, MIMO has evolved to become an important part of modern wireless communication standards such as HSPA+ (3G), Long Term Evolution (4G), WiMax (4G), and IEEE 802.11n (WiFi). MIMO held the largest share of the market in 2018.

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By type, the smart antenna market is classified as switched multibeam antenna and adaptive array antenna. In 2018, adaptive array antenna was the largest contributor to the market. Dominance of the market by adaptive array antennas is expected to continue during the forecast period. However, the switched multibeam antenna segment is expected to expand significantly during the forecast period. Switched beam antenna systems offer significant increase in capacity and coverage as compared to conventional antenna based systems.

Growing Adoption of Smart Antennas due to Technological Advancements in Cellular Network in the U.S., China, India, Israel, and South Africa to Create More Market Opportunities

Geographically, the global smart antenna market is divided into five major geographical regions. These include North America, Europe, Asia Pacific, South America, and Middle East & Africa. In 2018, North America was the topmost revenue generating region followed by Europe. The demand for smart antennas has been the highest across North America due to the prominence of the telecommunications industry in the region. Furthermore, technologies such as radio frequency identification and ultra-wideband are in great demand across the US and Canada. The U.S. held highest market share in 2018 in North America and is estimated to expand at the highest CAGR during the forecast period.

The market in Europe is anticipated to grow at a significant CAGR during the forecast period due to advancements in the domain of wireless connectivity across the region. The smart antenna market in Asia Pacific is expected to expand at the highest CAGR of 9.1% over the forecast period. The growing need for faster data transmission in modern communication systems with high speed downloading and web browsing has forced companies to improve the efficiency of wireless transmission and this has enhanced the consumption of smart antennas in China and India.

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Cobham Antenna Systems, Intel Corp., Samsung Electronics Co. Ltd. and Alcatel-Lucent International Holdings Inc. Likely to Continue to Lead the Global Smart Antenna Market

The company profiling of key players in the global smart antenna market includes company overview, major business strategies adopted, SWOT analysis, and market revenues for years 2016 to 2018. The key players profiled in the global smart antenna market report includes Cobham Antenna Systems, Intel Corp., Samsung Electronics Co. Ltd., ArrayComm LLC, Alcatel-Lucent International Holdings Inc, Motorola Solutions Inc., Broadcom Corp, California Amplifier Inc., Accel Networks LLC., and Jiashan Jinchang Electronics Co., Ltd. Various players are introducing technologically advanced smart antennas and establishing partnerships with other players to meet the continuously growing demand for wireless communication technologies.

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Silicon Wafer Market Growth Opportunity Analysis by Statistics & Outlook of COVID-19

The leading four companies in the global silicon wafers market, namely SUMCO Corporation, Shin-Etsu Chemical Co., Ltd., Siltronic AG, and SK Siltron Co., Ltd., account for a whopping 70.0% share in it. Other key players in the market are Okmetic, Wafer World Inc., Global Wafers Co., Ltd., Silicon Materials Inc., Global Wafers Co., Ltd., Sil’tronix Silicon Technologies, and Wafer Works Corporation.

A study by Transparency Market Research expects the global silicon wafers market would tread on steady yet not-so-impressive growth path by registering a CAGR of 6.8% over the course of the forecast period during 2017 and 2025. Rising at this pace, the market is projected to become worth US$14.21 mn by 2025.

The various sizes in which silicon wafers are available in the market are 100mm, 150mm, 200mm, and 300mm and above. Of them, wafers sized 300 mm and above dominated the market with maximum share in 2016. The segment is also predicted to register maximum growth rate in the next couple of years.

From a geographical standpoint, North America plays a pivotal role in the market for silicon wafers. Other major regions in the market are Latin America, Europe, Asia Pacific, and the Middle East and Africa. The market in North America is expected to rise at a 6.5% CAGR over the course of the forecast period on account of numerous semiconductor manufacturers – leading consumers of silicon wafers – being domiciled in the region. The market in North America is primarily powered by the U.S. where wafer size of 300mm and above are seeing soaring demand.

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Consumer Electronics Supporting Demand for Silicon Wafers

Silicon wafers are used for the production of semiconductors, which in turn, are used in the manufacture of electronic components that enrich our daily lives. Explains the lead analyst of the report, “The silicon wafer is a thin round disk which comes in different diameters meant to suit various electronic goods. With the skyrocketing demand for consumer electronics, demand for silicon wafers is expected to remain supported in the next couple of years. Silicon wafers find application in RFID, CMOS, MEMS, and other electronic applications.”

Automotive is another segment that is expected to push up demand in the market for silicon wafers. The rising electrification and automation of vehicles have driven up demand for semiconductor ICs for automotive products such as infotainment systems, navigation control, and collision detection systems.

In addition, increasing use of silicon wafers in modern sophisticated technologies, namely the Internet of Things (IoT) and cloud, which are seeing uptake in defense and military and commercial applications, are expected to further bring significant growth in the overall market.

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High Initial Capital Poses Challenge to Market

Acting as a headwind to the healthy growth path of the market, buoyed by the flourishing end use segments of automotive and electronics, is the steep upfront investments required to set up manufacturing units. Apart from that, rising market price of 300 mm silicon wafers is hindering the growth of global silicon wafers market too.

This review is based on the findings of a TMR report, titled, “Silicon Wafer Market (Wafer Size – up to 100mm, 150mm, 200mm, and 300mm and above; Device – Logic and Memory, MEMS, Power Devices, RFID and CMOS; Fabrication Method – Horizontal Gradient Freeze and Horizontal Bridgeman Freeze; End-use Industry – Consumer Electronics, Automotive, Defense and Aerospace, and Energy) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025.”

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3D Printing Medical Devices Market | Latest Report With Analysis, Future Growth Rate And Industry Forecast By 2020-2025

A stew of medium and small scale industries have barged into the global 3D printing medical devices market, making it a high competition amongst the players, notices Transparency Market Research in a newly published report. In order to fortify a strong foothold, organizations are trying to collaborate with local companies. Expansion of product portfolio, product differentiation, accompanied with deep research are the other things that the players are focusing on in order to build their brand name.  Some of the key players in the global 3D printing medical device market are Materialise NC, SLM Solutions, Arcam Ab, FabRx Ltd., Cyfuse Biomedical K.K., Concept Laser, 3D Systems Inc., Envision Tec, and Organovo Holdings.

On the basis of component the market is classified into material, printer, software and services. Amongst these the software and services accounted for the highest share and is expected to continue so during the forecast period. This is because of the installed printers which requires maintenance and services overtime, is bolstering the market growth. Geographically, the North America holds the largest share in term of revenue and is expected to continue so in future.

It is anticipated that the global 3D printing devices market to be worth around US$3513.o mn in terms of revenue by 2025 from revenue worth of US$713.3 mn accounted in 2016. During the assessed period, the market is anticipated to expand at 17.7% of CAGR.

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Technological Advancement in 3D Printing Medical Devices Is Expected To Drive the Global Market

Tremendous technological advancement happening in the 3D printing sector after the arrival of this concept is pushing the global 3D printing market to perform better. This is because the 3D printing sector finds its abundant usage in healthcare sector apart from construction, military and automobile sector. The 3D printing medical device has recently gained popularity among the patients. It has gained the trust of both doctors and patients, thus fueling the market growth. Rise in need 3D printing medical device for implants, surgical instruments, tissue fabrication, surgical instruments, and prosthetics has increased the demand for these device.

High Initial Cost To Deter the Market Growth

Thought the 3D global medical device is expected to grow at a steep rate, but strict regulations in various countries regarding the sale of these devices imposed by both private and government agencies is expected to deter the market growth rate. The market is also challenged by the high initial cost of such devices. Other factors such as heavy funds required for a small organization to have a strong foothold in the market is curbing the growth rate. Another major factor which is expected to bring down the growth rate of the market is absence of skilled expertise and the lack of accessibility of such advanced device in the rural or underdeveloped region. Though the inflow funds by leading player for research and development is expected to attract the consumer at a faster rate.

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The study presented here is based on a report by Transparency Market Research (TMR), titled, “3D Printing Medical Device Market (Component – Printers, Materials, and Software and Services; Technology – Electron Beam Melting, Selective Laser Melting, Selective Laser Sintering, Photo polymerization, and Direct Metal Laser Sintering; Application – Orthopedic and Cranial Implant, Dental Restorations, Surgical Instruments, Tissue Fabrication, and External Prosthesis) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025”.

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Embossed Film Market 2020 | COVID-19 Analysis, Future Guidelines and Profit Margin Revenue & Forecast by The End Of 2028

Transparency Market Research delivers key insights for the embossed film market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020-2028. In terms of growth, the global embossed film market is projected to witness growth of 3.5% by the end of 2028, owing to increasing use of embossed film in end-use industries, such as food & beverages, automobile, home care, personal care & hygiene, building & construction, printing & stationery, and others. About these, TMR offers detailed insights and forecasts in the embossed film market report.

Embossed films have different visual appeal compared to conventional plastic films. Embossed films provide soft and cloth such as surface and have high friction resistance, which makes them ideal for applications such as flooring, liners for rubbers and tires, and back sheet films diapers and feminine napkins. The embossed film market is expected to grow followed by the push of end-use industries, such as automobile, building & construction and printing, which currently is registering a significant growth in several regions, owing to increased consumption. The decorating surface of machines with embossed films is likely to augment the market growth during the forecast period.

Use of Embossed Film in Rubber & Tire Industry to Drive Market Growth

Embossed films are used as release films in the rubber & tire industry. Embossed films help in the retention of rubber properties, along with preventing dust and foreign particles to stick from the rubber, which can spoil the quality of rubber during storage or shipment.

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It is quite evident that the demand for tires is highly dependent on the growth of the automobile industry. Globally, the automotive industry has recovered from the economic crisis and is witnessing an upward trend. Furthermore, until quite recently, traditional tire makers such as Bridgestone, Michelin, and Continental were the dominant players with over 50% market share. However, the arrival of Asian players has further fragmented the tire segment across the globe. Moreover, replacement of tires is likely to boost the demand for tires. The growth in the demand for tires is likely to boost the demand for embossed films.

Embossed Films for Decorating Machines to Provide Lucrative Opportunities for Market Growth

The increased consumption of coffee across the globe is likely to increase the demand for coffee machines. In addition, rapidly growing market for on-the-go beverages, particularly caffeine infused beverages, is expected to have a direct impact on the sale of coffee machines for commercial and institutional purposes.

Embossing film is used for the exterior décor of the coffee machines, which enhances the design, color, and haptic coffee machines. Furthermore, scratch resistance is one of the attractive features of embossing films, which makes it preferable for coffee machine manufacturers.

ISOFILM is an embossed film manufactured by ISOSPORT Verbundbauteile GmbH for coffee machines. This is anticipated to augment the demand for embossing films in coffee machines and provides opportunity for use of these films in other beverage or snacks dispensing machines.

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Recycled Embossed Films to Reduce Environmental Hazards

Majority of embossed films is made from polyethylene resin and can be readily recycled if the material is dry and clean. With increase in demand for environmental sustainability, customers now expect to see immediate action to be taken on products or services, which cause hazardous environmental impacts. As a result, manufacturers of embossed films are now carefully considering consequences of their commercial decisions. Nowadays, customers are assertive to take decisions that they know will have a negative impact on the society or environment.

Improving and increasing recycling facilities across the globe make it easier to recycle embossed films. Resin coding systems allow material segregation and low pressure on recycling facilities. Manufacturers such as RKW SE & Oerlemans Plastics BV provide 100% recyclable embossed films to their customers, which is likely to drive environmental sustainability while serving the purpose to end users.

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