Monday, 30 March 2020

Environmental Health & Safety (EHS) Market Growth and Trends

  March 30, 2020    No comments
  • The global environmental health & safety (EHS) market was valued at US$ 4,729.3 Mn in 2019 and is expected to reach US$11,500.5 Mn by 2027, expanding at a CAGR of 11.7% from 2019 to 2027.
  • The EHS market is expected to witness prominent growth in the near future, especially in developing economies. Adoption of EHS across SMBs was low in the early years due to the high cost of environmental compliance software.
  • Thus, to adhere with EHS norms and regulations, several Federal agencies have been operational across developing economies to ensure the implementation of EHS. Furthermore, these agencies have introduced cost-effective solutions to comply with EHS standards primarily for SMBs and cost-sensitive economies. Prominent driving factors for the EHS market are the multiple statutory and legal requirements to maintain EHS safety standards. This is expected to lead to significant growth potential in the market across all the regions over the forecast period.

  • The environmental health & safety market report provides analysis of the global environmental health & safety market for the period 2017 – 2027, wherein 2018 is the base year and 2019 to 2027 is the forecast period. Data for 2017 has been included as historical information.
  • The study on the environmental health & safety market would help clients understand the analysis of environmental health & safety based on different industry verticals.
Environmental Health & Safety (EHS) Market Taxonomy
  • The EHS market is segmented on the basis of components, end-use industry, and geography. The components segment can be further classified on the basis of software solutions and the services offered. The different types of software solutions associated with EHS include quality and risk assessment software, data analytics software, cost management software, environmental compliance software, energy and carbon management software, and others. The EHS service segmentation includes consulting services, project management, analytics, training, implementation, auditing, and certification. Key end-use industries implementing EHS software and services covered in this report are chemical & petrochemical, energy & mining, construction, agriculture, transportation, manufacturing, government & public sector, retail, healthcare, and others.

  • Based on geography, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America recorded the maximum implementation of EHS in terms of software and services, and the region is expected to dominate the EHS market. This high growth rate is anticipated due to the development of end-use industry infrastructure across the U.S. Moreover, rising awareness in terms of adherence to environmental regulations has further strengthened the EHS market in North America.
Environmental Health & Safety (EHS) Market - Company Profiles
Some of the key players of the global environmental health & safety (EHS) market are
IHS Inc., 3E Company, International Finance Corporation, Enablon North America Corporation, SAP SE, UL LLC, and Medgate Inc.
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Digital Forensics Market Future Growth and Outlook

  March 30, 2020    No comments
Digital forensic comprises integration of computer science with laws that are needed for the purpose of investigation of crime. It comprises complete recovery and then interpretation of data that is present in various digital devices to be presented in the courts of law and mostly involves various cyber crimes. Investigation in digital forensics is carried out in three different stages which include display acquisition, investigation and analysis together with reporting of crime.
A few of the crucial companies in the digital forensics market comprise LogRhythm Inc., IBM Corporation, Paraben Corporation, AccessData Group LLC, FireEye Inc., Micro Systemation, Binary Intelligence LLC, Guidance Software Inc., CISCO, and AB, NUIX amongst many others. 
In accordance with the research report on the world market for Digital Forensics by Transparency Market Research (TMR), it has been anticipated that strong growth would prevail in the said market. The world market for digital forensics market stood at a valuation of around US$ 2.87 bn in the year 2016 and is estimated to be worth around US$ 6.65 bn by the year 2025, thereby rising at a CAGR of 9.7% from 2017 and 2025.
North America is Forecasted to Continue with Regional Supremacy Over the Period of Forecast     
The world market for digital forensics has been regionally segmented into the geographies of South America, North America, Asia Pacific, Middle East and Africa, and Europe. The region of North America is quite likely to continue with market dominance in the international market for digital forensics. North America is expected to be trailed by Europe as it stood as a major regional segment of the said market. Asia Pacific accounts for a substantial revenue in the world market for digital forensics. The growing trend of internet of things technology and cloud based solutions in many of these regions is acting as the major growth driver in these geographies.
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Increased Growth of Cloud Services to Encourage Growth of the Market
Owing to the rampant growth of cloud devices and services with in-built facilities of Internet-of-Things, cyber criminals have undue advantage of dealing with leaking of customer information. Such characteristics might augment the risk of viruses and malwares thereby making computer systems prone to hacking.
Another reason for the upsurge of the said market is the possible tracing of hacking activities to their source. These activities are traced by forensic agencies by making use of the right forensic methods. Thus, such evidence-based investigation for the purpose of recovery of information has been a prime factor for the rise of the market for digital forensics. The rise in demand for digital solutions and forensics tools is also fueled owing to the fact that multiple channels are utilized for the purpose of hacking confidential information from various organizations and companies.
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Automatic Number Plate Recognition (ANPR) Market Sales and Research Analysis

  March 30, 2020    No comments
The global automatic number plate recognition (ANPR) market is characterized by a fairly fragmented vendor landscape, finds Transparency Market Research (TMR). Various players are increasingly focusing on introducing ANPR technologies and developing integrated systems to get a better foothold in the market. Several of these players are likely to focus on innovative optical character recognition techniques and image processing technology, in order to develop innovative products. TMR expects that the ANPR engine manufacturing segment to witness a markedly high level of competition. Furthermore, the global market features a remarkable rivalry between system integrators and component manufacturers. To get over mounting competitive pressure, a number of players are shifting their attention to countries such as Malaysia, India, China, and Philippines as part of their expansion strategy.
Top players operating in the global automatic number plate recognition market include Viion Systems Inc., Siemens AG, Genetec, Inc., Vigilant Solutions, Q-Free ASA, Vaxtor Technologies, Bosch Security Systems, Inc., ELSAG North America LLC, ARH, Inc., Digital Recognition Systems, Ltd., and NDI Recognition Systems LLC.
The global automatic number plate recognition market stood at US$2013.5 million in 2016 and is projected to rise at a promising CAGR of 11.1% from 2017 to 2025. Expanding at this pace, the market will touch a valuation of US$4674.0 million by the end of forecast period.
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The various end users of ANPR are government and commercial, of which the former is sub-segmented into mainly homeland security, traffic department, and defense. Of the two, the government sector currently leads and held a major share of 70% of the global market in 2016. The proliferating demand for ANPR technologies in various government sectors account for its dominance. Geographically, Europe holds the sway and held a major share of 35.0% in the global market in 2016. The dominance of the regional market can be attributed to an extensive uptake of ANPR systems for effective traffic management.
Vast Deployment of Technology for Security and Surveillance by Government Sector Accentuate Growth
The drive for automatic number plate recognition technology and systems stems from the need for an efficient and automatic vehicle identification system based on its number plate. The substantial benefits of ANPR in the area of security and surveillance, parking management, toll enforcement, and traffic enforcement is a notable factor accentuating the market. The adoption of such automatic technologies for keeping a strict vigil on illegal activities by the transport departments of various countries is propelling the growth of the ANPR market.
Privacy and Limited Competence of Technology Key Concerns
The surge in investment of government and commercial institutions on advanced surveillance system is also providing a robust base for the expansion of the market. In addition, stringent implementation of regulations for vehicle driving in emerging nations is providing a robust boost to the market.
However, the use of ANPR systems has raised spiraling concerns among law-abiding citizens who consider the technology as undue intrusion of their privacy at the cost of security. Moreover, the non-uniformity of number plate design tends to reduce the utility and performance of ANPR systems. Nevertheless, creating more awareness about the benefits of ANPR and keeping appropriate controls in place may do well to allay these concerns over the years.
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Smart Home As a Service Market - Cost Effectiveness to be Key Capitalizing Point

  March 30, 2020    No comments
The global smart home as a service market is expected to nurture extensively in the years ahead, states Transparency Market Research (TMR) in a research report. The smart home market has seen significant advancement since 2010, when under 0.5% of homes in the Americas area had associated devices, for example, security, lighting, thermostats, and entertainment, according to the gadget catalogue of the IHS Markit smart home learning service. The vendors are winding under the risk of new entrants. Because of the fast multiplying IoT services and incremental ARPU, the market is attaining important grip from new vendors. Additional than this, substantial enthusiasm for IT infrastructure and CAPEX has elevated fences to the section of novel vendors. The normal years will along these lines make competition severer in the global smart home as a service market.
Rivalry predominant in the global smart home as a service market is significantly great on account of the ascent of amazingly ground-breaking players. The nonappearance of customary availability policy and current interoperability matters have reinforced the confinement among market players. According to the scenario, organizations are attempting to inaugurate their podium as the standard, which in this manner is advancing shock to the consumers bargaining capacity. The ADT Corporation, AT&T Inc., and Vivint, Inc., are a fragment of the key vendors in the market. The strategies accepted by these players have noteworthy influence on the total market.
TMR has projected the global smart home as a service market to go up at a high 18.1% CAGR in the time frame from 2017 to 2025. The market is probably going to reach a valuation of worth US$10.9 bn before the entire of 2025, from US$2.46 bn in 2016. On the basis of service, the global smart home as a service market can be separated into assimilated services and managed services. Amongst these, the integrated services created as a front-runner with an estimated share of 63.6% of each 2017. Region-wise, North America led the market for Smart Home as a Service.
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As the household business is searching for advanced modernizations of warranting advanced security, it is depended upon to fortify open entryways for the market. The present advances have given smart home as a service with supplementary characteristics, for instance, instant updates, live video surveillance, and interference attentive, which were abstracted in its outdated equivalent. This dynamic is forecast to give the market substantial push in the years ahead.
These provisions have established supreme for vitality management in the household part. Smart homes can allow clients to escalate advantages of entire deal price savings by governing their vitality application. Disregarding the high price of smart home things, the possible price savings they provide is a critical fact powering their demand globally.
Also, the ascent in demand for entertainment items is anticipated to create lucrative market openings. Smart homes allow clients to switch their entertainment gadget and many other family gadgets tenuously. This offers lodging as well as increases the complete entertainment market. Pushed by this, the demand for smart home as a service is likely to increase over the years ahead.
Expensive Nature of Services to Inhibit Market Growth in Long Run
Notwithstanding, in case of a disadvantage, the expensive nature of smart home things is a main block for the market players. In addition, the cost of improving these improvements is also extraordinary, which is curbing the market's arc especially across developing nations. Moreover, the chances of mistreating the modernization and privacy trepidations are not completely dealt away with it. These stresses make customers dicey over mounting smart home arrangements, in this way adversely having an effect on the overall market.
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Expansion of OTR Tire Market

  March 30, 2020    No comments
According to the report, the global OTR tire market is projected to reach ~US$ 26 Bn by 2027, expanding at a CAGR of ~4% during the forecast period, primarily driven by an increased use of tractors globally. Asia Pacific holds a leading share of the global market, owing to high demand for OTR tires in China and India. The market in developing regions such as Latin America & Middle East & Africa is anticipated to witness expansion, owing to increased government spending on infrastructure and increased mechanization rate in agriculture in these regions.
Rise in urbanization and sustained investment in construction are driving the usage of construction vehicles, thus boosting the demand for OTR tires. The U.S. Government has announced plans for infrastructure investment of US$ 1.7 Trn to develop rural infrastructure, highways, and bridges. Moreover, EU–China deal, named Belt and Road Initiative, of US$ 9 Bn to construct an intercontinental highway is expected to drive the demand for construction vehicles, thereby boosting the demand for OTR tires.
Furthermore, increased industrial activities in Asia Pacific and Latin America is driving the sales of electric forklifts and warehouse trucks in these regions. Additionally, the demand for lean production is driving the adoption of large number of industrial vehicles within facilities and warehouse, which in turn is boosting the OTR tire market.
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Based on industry type, the agriculture segment is expected to dominate the global OTR tire market both in terms of volume and revenue. Modernization of agricultural activities and rising consumer demand due to rising population are boosting the adoption of tractors and agricultural equipment, which in turn is driving the demand for OTR tires. The construction & mining segment of the market in Asia Pacific, Latin America, and Middle East & Africa is expected to expand at a high growth rate during the forecast period. Recovery of the economy of Brazil is expected to witness higher budgeting for infrastructure, thus boosting the sales of construction vehicles. This, in turn, is anticipated to propel the OTR tire market in the country.
In terms of rim size, giant OTR tires of 51’’ to 63’’ rim size are expected to witness significant demand owing to a rise in number of construction projects in developing countries. Stability of commodity prices has boosted the mining sector. Usage of dump trucks, excavators, scrappers, and other mining vehicles to improve the output is expected to boost the demand for OTR tires.
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Automotive Projector Headlamps Market: Competition Landscape

  March 30, 2020    No comments
Headlamps are important in a vehicle. Projector headlamps are high beam lights that can project light farther than ordinary or conventional lamps used in vehicles. Automotive projector headlamps are used by major automakers in their vehicles, owing to technological developments in projector headlamps that have led to improved efficiency and lowered power consumption of vehicles.
Automotive projector headlamps are used in combination with several different types of lights, such as laser, LED, and others. The average lifespan of a laser headlamp is much higher than that of its counterparts due to the presence of less moving objects or filaments. The light projected by laser headlamps is highly focused light and operation of the lights fast, which is the major reason for the adoption of laser headlamps.
HELLA GmbH & Co.
HELLA GmbH & Co. was founded in 1899 and is headquartered in Lippstadt, Germany. The company manufactures automotive parts across the globe. It operates in over 118 locations spread across 35 countries and has over 40,000 employees. The company primarily operates through the following business segments: Lighting, electronics, and aftermarket & special applications. Its products include headlights, warning lights, flashers, buzzers, and horns.
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Robert Bosch GmbH
Robert Bosch GmbH was founded in 1886 and is based in Gerlingen, Germany. The company operates through four major business segments: Consumer goods (household appliances and power tools), mobility (hardware and software), industrial technology (drive and control), and energy & building technology. Under the mobility segment, the company offers diverse products, such as electric motors, brake shoes, lightings, and display systems. It is a leading supplier of automotive parts to the automobile industry.
OSRAM GmbH
OSRAM GmbH was established in 1919 and is headquartered in Munich, Germany. OSRAM GmbH is a brand of the OSRAM Group, which owns several other brands, such as Vixar, SYLVANIA Automotive, Traxon, Digital Lumens, Fluence, Clay Paky, ADB Stagelight, LED Engin, and b,a,g.
Valeo S.A.
Valeo S.A. was founded in 1923 and is headquartered in Paris, France. Valeo S.A. is a leading supplier of components to the global automotive industry. The company had over 113,600 employees in 2018. It operates through more than 186 production units located across 33 countries worldwide. The company provides various solutions, such as driving assistance systems, powertrain systems, thermal systems, and visibility systems for the global automotive industry.
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Rise in Demand for High-quality Bright Headlamps in Vehicles
The demand for high-quality lamps in vehicles is a major factor driving the automotive projector headlamps market. Headlamps are among the major components of a vehicle, as they enable safe driving in low light, bad weather, or at night. Presently, vehicles are equipped with various types of lights to assist the driver in safe driving. The automakers are using technologies like automotive high-beam light control systems to reduce the impact of light/illumination directly on the eyes of the driver approaching from the counter side. These factors are likely to the drive the automotive projector headlamps market.
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Key Drivers and Opportunities of the Global Drone Docking Station Market

  March 30, 2020    No comments
  • Drones are used for many commercial and recreational activities including photography and for aerial view images. Drones are used in applications such as construction, agriculture, security, and pipeline monitoring. The use of drones in all these applications needs longer airtime. However, the battery of drones lasts only for 20 to 30 minutes which makes its use cumbersome.
  • Drone docking station is a device which helps to charge the drone when it is on ground or midair. Drone docking stations can be battery powered, solar powered, or wirelessly powered. Drone docking stations are required by both people and businesses around the world.
  • The drone docking station market is expected to grow during the forecast period due to its wide range of applications and cost saving parameter.   
  • Globalization has led to increase in the number of companies, industries, and commercial spaces. Growth in the business environment generates the need for various technologies. The drone docking station market is set to grow with the growth in its applications.
  • Drone technology is gaining immense popularity and the use of drones is becoming mainstream. Various charging options are available to keep the drone functioning. The traditional way of charging a drone was by using a battery. Common batteries used in a drone are lithium polymer batteries. However, batteries add to the overall weight of the drone, increases battery replacement cost, and is time consuming during important operations.
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  • Solar powered charging is another method of charging the drones. This technology uses solar panels for charging, eliminating the use of power source. Also, with recent developments in technology, manufacturers are trying to install solar panels on the drone. The drawback in a solar panel drone is that solar panels can only be used on drones having wings. Wireless technology on the other hand, keeps charging the drone while hovering and provides longer flight time.  
  • The other factor driving the drone docking station market is the rise in disposable income and changing lifestyle of people. Drone docking stations are used during weddings, events, movies, military operations etc. The rise in number of events and growth in end-use sectors globally is expected to drive the drone docking station market during the forecast period.
North America to Lead the Global Drone Docking Station Market
  • Geographically, the global drone docking station market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
  • R&D on drone docking stations is ongoing and many manufacturers are coming up with various solutions to make drone charging feasible. Global players are extending their cross border services and gaining a competitive edge.
  • North America is expected to lead the global drone docking station market during the forecast period. Middle East & Africa market also looks favorable due to rise in construction activities. Development of businesses in India, Canada, and Brazil is likely to create opportunities for the market. The government of India has lifted the ban on drones and India is projected to be an emerging market.
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Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...