Distributed Fiber Optic Sensor Market Size Worth $1.87 Billion By 2025

The global distributed fiber optic sensor market size is anticipated to reach USD 1.87 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.8% from 2019 to 2025. Factors such as significant demand from the civil engineering vertical and rising adoption in the oil and gas sector are projected to substantially boost the market growth. Fiber optics can withstand rough handling, such as in pipes, streams, and reactors, where manual inspection is not feasible. Furthermore, they help in structural health monitoring at dangerous workplaces and can also be used for border security purposes to prevent intrusion. Thus, the capability of Distributed Fiber Optic Sensors (DFOS) to work in challenging environment is another factor propelling the growth.

Increasing demand for sophisticated infrastructure coupled with rising per capita income is predicted to lead to industrial automation, urban mobility, and growth in high-end residential projects. Governments from around the world focus on conserving their existing infrastructure and developing new projects. They are under constant pressure to provide the necessary infrastructure, amenities, and connectivity to people. This has enabled increased spending on road, railway, and dam construction projects. This rapid growth in the advanced civil engineering is expected to boost the distributed fiber optic sensor market.

The rapid adoption of DFOS has encouraged investments in R&D activities by manufacturers and suppliers to launch new products. They are also focusing on optimizing their production process and regulating efficiency to curb all other alternatives of the fiber optics technology. Due to the high price of production and installation processes of DFOS products, the manufacturers are developing competitively priced optic inspection products that are more reliable. However, factors such as technological complexities and other challenges incurring in optical inspection process are hampering the market growth.

Browse Details of Report @  https://www.grandviewresearch.com/industry-analysis/distributed-fiber-optic-sensor-sensing-dfos-market Further key findings from the report suggest:

  • Temperature sensing application segment is expected to continue leading in terms of market size over the forecast period. Temperature sensors find application in oil and gas and civil engineering segments
  • Suppliers and manufacturers of fiber optic equipment are looking to achieving higher bandwidth, 100 GBPS, by undertaking intense research activities
  • North America dominated the global market in 2018 and is projected to account for the largest market share in terms of revenue in the forthcoming years
  • Growing demand for DFOS equipment can be attributed to the ever-growing demand for efficient and optimized processes, across enterprises and manufacturing sectors
  • Key market participants include Halliburton, Schlumberger Limited, Yokogawa Electric Corporation, OFS Fitel, LLC, Qinetiq Group PLC, Omnisens SA, Brugg Kable AG, Luna Innovations Incorporated, and AP Sensing GmbH

Grand View Research has segmented the global distributed fiber optic sensor market based on application, technology, vertical, and region:

Distributed Fiber Optic Sensor Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Temperature Sensing
  • Acoustic/Vibration Sensing
  • Other

Distributed Fiber Optic Sensor Technology Outlook (Revenue, USD Million, 2014 – 2025)

  • Rayleigh Effect
  • Brillouin Scattering
  • Raman Effect
  • Interferometric
  • Bragg Grating

Distributed Fiber Optic Sensor Vertical Outlook (Revenue, USD Million, 2014 – 2025)

  • Oil and Gas
  • Power and Utility
  • Safety and Security
  • Industrial
  • Civil Engineering

Distributed Fiber Optic Sensor Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • China
    • Japan
    • India
  • South America
    • Brazil
  • MEA

Table of Content

Chapter 1 Methodology and Scope
                   1.1 Research Methodology
                   1.2 Research Scope and Assumptions
                   1.3 List of Data Sources
Chapter 2 Executive Summary
                   2.1 Distributed Fiber Optic Sensor – Industry Snapshot & Key Buying Criteria
                   2.2 Global
                       2.2.1 Global Distributed fiber optic sensor market, 2014 – 2025
                       2.2.2 Global Distributed fiber optic sensor market, by Region, 2014 – 2025
                       2.2.3 Global Distributed fiber optic sensor market, by Application, 2014 – 2025
                       2.2.4 Global Distributed fiber optic sensor market, by Technology, 2014 – 2025
                       2.2.5 Global Distributed fiber optic sensor market, by Vertical, 2014 – 2025
Chapter 3 Distributed Fiber Optic Sensor Market Outlook
                   3.1 Market Segmentation & Scope
                   3.2 Distributed Fiber Optic Sensor Market Size and Growth Prospects
                   3.3 Distributed Fiber Optic Sensor – Value Chain Analysis
                   3.4 Market Dynamics
                       3.4.1 Market Drivers

Continue……….

Fingerprint Access Control Systems Market Worth $11.88 Billion By 2024

The global fingerprint access control market size is expected to reach USD 11.88 billion by 2024, according to a new report by Grand View Research, Inc. Technological proliferation backed by increasing need for secure authentication and recognition of individuals across distinct end-use industries are the factors expected to impel fingerprint access control market growth over the forecast period. Moreover, declining prices of fingerprint technology has led to an overall increase in its global demand.

Favorable government initiatives and standards worldwide is expected to contribute to the industry growth over the forecast period. The governments across several countries have formed regulations governing the usage, gathering and disposal of biometric information by entities, however the affluence of these laws varies extensively over regions. For instance, in the U.S. state of Illinois with its Illinois Biometric Information Privacy Act, 740 ILCS 14/1, et seq. and Texas with its Bus. & Com. Code Ann. § 503.001 strictly regulate the use, revelation, and the final destruction of biometric data by a private entity. The state of Illinois compels such entities to develop written policies describing their biometric data collection methods.

Use of fingerprint access control in government and commercial sector has contributed immensely to industry growth. Need for security is one of the key factors driving market demand. Multimodal biometrics based products have enticed popularity specifically in passport and e-IDs verification systems.

Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/fingerprint-access-control-systems-market

Further key findings from the study suggest:

  • The optical product segment dominated the industry with overall revenue share of over 38% in 2015. Optical access control provides larger sensing area, better image quality, higher resolution, and robust operations. However, capacitive is a recent technology and is relatively cheaper than optical sensors. It can be embedded into smaller devices and are prone to dirt. Owing to these features the segment is expected to witness significant growth with a CAGR of nearly 18.0% over the forecast period.
  • Commercial and government applications segment have high penetration rate and captured over 50% of the revenue share in 2015 to strengthen internal and external security. Government sector is among the early adopters of biometrics technologies such as fingerprint and iris scanning and currently represents the significant end-user of the technology.
  • BFSI sector is anticipated to grow rapidly with the significant CAGR of over 21% from 2016 to 2024.Proliferation of mobile devices such as smartphones with fingerprint authentication capability has paved the way for mobile logon. Banks and other financial organizations now offer biometric login facility for their mobile banking apps to ensure the authorized transactions. Biometric modalities offer a secure way to authenticate user identity and shield against cybercrime.
  • North America is estimated to be a major regional segment with over 34% of the overall revenue share in 2015. However, Asia Pacific and MEA are expected to grow at a considerable rate owing to the increasing penetration of smartphones and favorable government regulations. Increasing terror activities and crime rate globally have generated the need for added security and control measures. Technological advancements and government initiatives towards access control is expected to drive the industry growth over the next eight years.
  • The key industry players in the fingerprint access control market include 3M Cogent, Anviz Global, Cross Match Technologies Inc., ViRDI Tech, Daon Inc., Entertech Systems, Hitachi Omron Terminal Solutions, IDtech 360, NEC Corporation of America, Lockheed Martin Corporation, SecuGen Corportaion, Safran Group, Suprema Inc., Merkatum Corporation, Fingerprint Cards AB (FPC), Diamond Fortress Technologies, Aware, Inc., and ZKTeco. Owing to increasing penetration across several end-use industries such as healthcare and consumer electronics, manufacturers are developing unique solutions to address the needs of varying applications such as identity verification or mobile health monitoring.

Grand View Research has segmented the global fingerprint access control market on the basis of product, application and region:

Fingerprint Access Control Product Outlook (USD Million, Thousand Units 2014 – 2024)

  • Optical
  • Capacitive
  • Pressure
  • Ultrasonic
  • Thermal

Fingerprint Access Control Application Outlook (USD Million, Thousand Units 2014 – 2024)

  • Commercial
  • Consumer Electronics
  • Government
  • Military & Defense
  • BFSI
  • Healthcare
  • Others

Fingerprint Access Control Regional Outlook (USD Million, Thousand Units 2014 – 2024)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • MEA

Table of Content

Chapter 1. Methodology and Scope
                      1.1. Research Methodology
                      1.2. Research Scope & Assumption
                      1.3. List of Data Sources
Chapter 2. Executive Summary
Chapter 3. Market Snapshot
                      3.1. Fingerprint access control – Market snapshot & key buying criteria, 2014 – 2024
Chapter 4. Fingerprint Access Control Industry Outlook
                      4.1. Market segmentation
                      4.2. Market size and growth prospects
                      4.3. Fingerprint access control value chain analysis
                         4.3.1. Vendor landscape
                      4.4. Fingerprint access control market dynamics
                         4.4.1. Market driver analysis
                              4.4.1.1. Rising security concerns across the globe
                              4.4.1.2. Favorable government regulations to boost the market growth
                              4.4.1.3. Increasing penetration of smartphones and tablets
                         4.4.2. Market restraint analysis
                              4.4.2.1. High technology cost
                              4.4.2.2. Data security and privacy issues
                      4.5. Key opportunities prioritized
                      4.6. Industry analysis – Porter’s
                      4.7. Key company analysis, 2015
                         4.7.1. Company strategy overview
                      4.8. Fingerprint access control market PESTEL analysis, 2015

Continue……….

Pay TV Market Size To Reach $254.77 Billion By 2025 | CAGR: 2.1%

The global pay TV market is expected to reach USD 254.77 billion by 2025, according to a new report by Grand View Research, Inc. Pay TV refers to subscription-based television services offered to subscribers. The development of new platforms based on satellite and cable distribution technologies, coupled with wider options of content as compared to traditional free-to-air terrestrial broadcasters, has driven the pay TV market growth.

The move to digital from analog delivery methods has been a key trend among traditional television platforms since digitization offers less constraint on the number of channels made available to viewers. The last few years have witnessed a gradual transition in the viewing preferences towards a medium where content is available on demand and in a device-agnostic manner.

The pay TV market is projected to grow significantly in Asia Pacific and some parts of Latin America, such as Brazil. On the other hand, the market has already reached maturity in most parts of the U.S. and the UK. This may be attributed to the preference of viewers in these countries to opt for services, such as Netflix, YouTube Originals, Amazon Prime, and Hulu, which allow them to watch programs on demand and at the desired time.

Prominent IPTV operators have started employing new delivery architectures for addressing the threat posed by OTT providers. Set top boxes, media players and gaming consoles have been increasingly used for the efficient delivery of native broadcast channels, making them accessible to viewers over closed IP networks.

Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/pay-television-tv-market

Further key findings from the report suggest:

  • In terms of number of subscribers, the IPTV subscription segment is expected to grow at a CAGR of over 8% over the forecast period
  • Satellite TV is expected to continue being the preferred pay TV medium for a large portion of viewers globally.
  • In 2016, the Asia Pacific region accounted for the largest revenue share of the global pay TV industry with a large number of subscribers situated in India and China.
  • OTT is emerging as a favored medium of consuming content, particularly in the U.S, the UK, and Germany
  • Key players in the industry include British Sky Broadcasting (BSkyB), Charter Communications, Comcast Corporation, DirecTV (AT&T), and Foxtel.

Grand View Research has segmented the pay TV market based on the number of subscribers into technology and region.

Pay TV Technology Outlook (No. of subscribers, Million; Revenue, USD Billion; 2014 – 2025)

  • Cable TV
  • Satellite TV
  • Internet Protocol Television (IPTV)

Pay TV Regional Outlook (No. of subscribers, Million; Revenue, USD Billion; 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

Table of Content

Chapter 1. Methodology and Scope
                1.1. Research Methodology
                1.2. Research Scope & Assumptions
                1.3. List of Data Sources
Chapter 2. Executive Summary
                2.1. Market Snapshot & Key Buying Criteria, 2014 – 2025
Chapter 3. Pay TV Industry Outlook
                3.1. Market Segmentation & Scope
                3.2. Market Size and Growth Prospects, 2014 – 2025
                3.3. Value Chain Analysis
                3.4. Market Dynamics
                    3.4.1. Market driver analysis
                    3.4.2. Market restraint analysis
                3.5. Penetration & Growth Prospect Mapping
                3.6. Industry Analysis – Porter’s
                3.7. Key Company Ranking Analysis, 2016
                3.8. PEST Analysis

Continue……….

Contactless Payments Market To Hit $2.23 Trillion In Transaction Value By 2025

The global contactless payments market is expected to reach USD 2.23 trillion (transaction value) by 2025, according to a new report by Grand View Research, Inc. The contactless payments industry is expected to witness lucrative growth over the forecast period owing to innovations in technologies such as IoT, which acts as a major market driver.

Benefits such as reduction in transaction time and improved service delivery offered by contactless payments have resulted in a significant rise in the number of users. Some of the key features of contactless systems include easy installation and cost effectiveness. The rising trend of making payments through QR codes and mobile phones is expected to drive the market demand. Individuals largely prefer using contactless payment as it eliminates the need to carry cash.

North America is expected to emerge as one of the key regional markets over the forecast period. The growth is mainly attributed to the increasing deployment of cloud-based contactless payment technologies in various verticals such as transportation. Europe is expected to be another major region for contactless payments owing to the growing number of smart card rollouts. Countries in the Asia Pacific region, such as Australia, Taiwan, and Japan, have witnessed a higher penetration rate of contactless payments compared to other countries.

Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/contactless-payments-market

The contactless payments market can be segmented on the basis of devices into smartphones and wearables, point of sale terminals, and smart cards. The market can also be segmented on the basis of solutions into payment terminal solution, transaction management, security and fraud management, hosted point of sale, and analytics.

Further key findings from the report suggest:

  • Contactless payments are widely used in several sectors such as retail, transportation, healthcare, and hospitality. Smartphones and wearables emerged as the largest device segment in 2016. It is estimated to register a CAGR of 34.0% over the forecast period.
  • The transportation segment is estimated to grow at a CAGR of 37.1% over the forecast period.
  • The Asia Pacific market is projected to witness substantial growth over the next decade owing to various technological developments across major economies. The regional market is expected to grow at a CAGR of 35.5 % from 2017 to 2025.
  • The payment terminal solution segment is expected to witness the largest growth over the forecast period as these solutions can connect the customers directly to service providers of contactless payments.
  • Key participants in the contactless payments industry include Gemalto, Visa Inc., Giesecke & Devrient GmbH, Heartland Payment Systems, Verifone, Ingenico Group SA, On Track Innovations Ltd., Oberthur Technologies (OT) Morpho, Thales Group, and Wirecard AG. In March 2017, Wirecard AG acquired MyGate Communication, a payment service provider in Africa.

Grand View Research has segmented the contactless payments market based on devices, solutions, application, and regions:

Device Outlook (Revenue, USD Billion; 2014 – 2025)

  • Smartphones and wearables
  • Point-of-sale terminals
  • Smart cards

Solution Outlook (Revenue, USD Billion; 2014 – 2025)

  • Payment terminal solution
  • Transaction management
  • Security and fraud management
  • Hosted point-of-sale
  • Analytics

Application Outlook (Revenue, USD Billion; 2014 – 2025)

  • Retail
  • Transportation
  • Healthcare
  • Hospitality
  • Government

Regional Outlook (Revenue, USD Billion; 2014 – 2025)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
    • Australia
  • South America
    • Brazil
  • MEA

Table of Content

Chapter 1 Methodology and Scope
                 1.1 Research Methodology
                 1.2 Research Scope & Assumptions
                 1.3 List of Data Sources
Chapter 2 Executive Summary
                 2.1 Contactless Payments – Industry Snapshot & Key Buying Criteria, 2016 -2025
Chapter 3 Industry Outlook
                 3.1 Market Segmentation &Scope
                 3.2 Contactless Payments Market Size and Growth Prospects
                 3.3 Contactless Payments Market Value Chain Analysis
                 3.4 Market Dynamics
                     3.4.1 Market driver analysis
                         3.4.1.1 Rising awareness and usage of digital money
                         3.4.1.2 Increasing customer convenience for low value payment
                         3.4.1.3 Growing technological innovation in contactless payment
                     3.4.2 Market restraint analysis
                         3.4.2.1 Risk of fraud and virus attack
                         3.4.2.2 Lack of infrastructure
                     3.4.3 Market opportunity analysis
                         3.4.3.1 Emerging digital currency: Bitcoins
                 3.5 Key Opportunities – Prioritized
                 3.6 Key Company Analysis, 2016
                 3.7 List of Key Market Players
                 3.8 Industry Analysis – Porter’s
                 3.9 Contactless payments-PESTEL Analysis
                 3.10 Key Regulatory Industry Initiatives, 2016

Continue……….

Cold-end Exhaust System Aftermarket: A Bird’s Eye View

The complete value chain of the cold-end exhaust systems market is a constricted industry segment-related chain with an interconnection between several players coupled with a flow of value in the form of services and goods. The entire value chain for the exhaust system industry, when classified into industry segments, comprises two major streams, namely the core industry and supporting industry segments. The raw exhaust component points are separated into numerous groups. The cold-end exhaust systems market value chain comprises raw material suppliers and end users with the prime industry segments through these sectors exchanging values at several intermittent stages.

Jobbers and repair shops are the third and the last stakeholders in the value chain of the cold-end exhaust system aftermarket. Automobile OEMs integrate cold-end components in vehicles to control the emission of various frequencies of unpleasant engine noises. The industry is witnessing a trend of strategic alliances and collaborations between automobile manufacturers and exhaust component OEMs to gain a competitive edge and capture a significant share in the cold-end exhaust system market.

Vertical integration helps companies maintain control over certain key component technologies. It also enables manufacturers to create an internal supply network that allows optimized manufacturing throughput, enhanced product reliability, increased product design flexibility, and independence in designing key components according to the company specifications.

Browse Details of Report @ https://www.grandviewresearch.com/blog/cold-end-exhaust-system-aftermarket-size-share

Regulatory authorities, such as Environmental Protection Agency (EPA) under the Environmental Protection Noise Regulations (2000), monitor the noise levels associated with the modern-day automotive mufflers and resonators in the automotive exhaust system. However, the high cost of modern-day resonated mufflers may restrain the cold-end exhaust system market growth as low-priced passenger car makers may refrain from adding onto the cost of vehicles.

The increasing demand for automobiles is projected to trigger the demand for automotive collision repair centers. Stringent standards across the globe for car safety are anticipated to drive the automotive collision repair market. The presence of key participants in the cold-end exhaust system aftermarket globally, such as Eberspächer Exhaust Aftermarket GmbH & Co. KG, Flowmaster, Inc., Calsonic Kansei Corporation, Bosal Group, Magneti Marelli S.p.A., and MagnaFlow, have resulted in the high brand awareness and increased demand.

Some of the notable developments to have taken place in the cold-end exhaust system market include:

  • In January 2019, MagnaFlow introduced the DPF-Back Exhaust for 2018-19 Ford F-150 diesel trucks. The system has two configurations, black-coated and polished dual-tip. The systems are fully compliant to the emission standards in every state of the U.S.
  • In May 2019, Eberspaecher announced that they were building an exhaust technology plant in Mexico, with the facility having 15000 sq. M of manufacturing space and will be producing exhaust systems for commercial vehicles and passenger cars. The first batch of products expected to be rolled out by the end of 2019.
  • In May 2019, Calsonic Kansei and Magneti Marelli announced that they would be moving to a single brand (Marelli), and in September, they announced that they would be changing their legal name in October 2019. While Calsonic Kansei will legally operate as ‘MARELLI Corporation’, Magneti Marelli will be called as ‘MARELLI Europe S.p.A.’. The move comes on the back of parent MARELLI planning to compete effectively on the global scale. Major affiliate companies will also be called by the MARELLI name from October 2019.

How Far Has The Energy Management System Market Come?

Conservation of energy is something that we hear about, or speak about, every other day. However, most fail to implement it in practice, if only due to habitual negligence gained over years of over-dependence on it. However, today the concept has been ‘re-energized’, with calls to harness non-conventional energy sources and protect the conventional ones. Energy conservation takes the center stage in a globalized world, characterized by dwindling resources and ever-increasing demand for energy.

The call to conserve energy has brought Energy Management Systems (EMS) into the picture. They help facilities be in total control of their energy consumption patterns, putting managers in control from where they can measure, monitor and regulate energy-consuming systems. When properly installed, maintained and monitored, these systems can save energy in the range of 10-30%. Some of the most commonly used energy management devices include:

  • Timers – Schedule the turning off and on of lights
  • Occupancy sensors – Detect whether people are present in a room based on heat, motion or sound sensing
  • Programmable thermostats – Adjust the temperature of the building based on seasonal changes and operating schedules
  • Photocells – Adjust the intensity of light based on the amount of daylight available
  • PLCs (Program logic controls) – Used in manufacturing environments for operating process equipment with the aim to maximize energy efficiency

In simple terms, energy management systems aim at controlling and reducing energy usage. Energy management system refers to a framework comprising computer-based tools that are used by electric grid operators. These computer-aided tools enable operators to optimize, control, and monitor the workings of transmission or generation systems. Energy management at organizational levels helps in reducing costs, minimizing carbon emissions, and balancing price fluctuations. This is a key factor that has enhanced the popularity of the energy management systems market.

Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/energy-management-systems-market

Industry Developments

Prominent companies operating in the global market are Johnson Controls Inc., GridPoint Inc., C3 Energy, and GE, along with Schneider Electrical, Siemens, and Honeywell. These organizations have pioneered the implementation of energy management systems, with some recent developments including:

  • In September 2019, Honeywell announced a partnership with KE2 Therm with the aim to lower refrigeration energy costs for convenience stores, grocery stores and restaurants. Under the partnership, KE2 Therm will be responsible for selling Honeywell Multisite technologies, which includes E-MON electrical meters, Novar building controls systems and Manning refrigerant leak detection sensors.
  • In September 2019, Johnson Controls announced that it was making infrastructural improvements at Iowa’s Cornell College to help the institute efficiently utilize energy. The project is scheduled to be completed by 2020, and the USD 5.9 Million funding for the project has been enabled by a Contingent Payment Program (CPP). The agreement has been planned for a period of 18 years, with the company promising a reduction in energy usage by 20 percent.
  • In May 2019, Siemens announced that its Corporate Technology unit in the U.S. had been awarded a USD 6.4 Million contract from the U.S. Department of Energy Solar Energy Technologies Office (SETO) for strengthening the U.S. electricity grid’s resilience through an advanced role for solar energy. The project includes the creation of an innovative energy management system, which can co-ordinate distributed microgrids to work together.
  • Schneider Electric, in partnership with the Dutch gas infrastructure company Gasunie, have completed a 4-year project, wherein gas (green gas, natural gas, hydrogen in coming future) transport through Netherlands’ high-grade transmission grid will be managed by the AGMS (Advanced Gas Management System) software jointly developed by the two companies.

Gaining Market

Energy management systems have seen very healthy growth in recent years, as organizations have started paying heed to calls for energy conservation. Following factors are responsible for the growth of the market:

  • Management of energy consumption, optimization of renewable energy usage, as well as focus on reduction of carbon footprint and greenhouse gas emission has created promising demand for energy management systems.
  • The rise in smart grid service usage, competition between industrial enterprises, as well as rise in demand from emerging economies owing to cost efficiency are some primary reasons for the market growth.
  • Governments across the globe have exhorted organizations and institutions to adopt energy conservation measures through policies and various incentives, again increasing the market attractiveness for energy management systems.
  • Demand for reliable IT platforms for optimizing, controlling, and monitoring available resources are expected to boost industry demand. Technological advancements in SCADA and commercialization of novel products will further fuel investments in the coming years.

LiDAR Market: Industry Insights and Growth Factors

LiDAR or LADAR stands for ’Light Imaging, Detection, And Ranging’ or ’Light Detection And Ranging’. It is a surveying technique that calculates the distance to targeted objects by illuminating them using laser light. It is commonly used for making high-resolution maps and has several applications in geomatics, geodesy, archaeology, geology, and geography.

This technology also finds use across geomorphology, forestry, seismology, laser guidance, atmospheric physics, and laser altimetry. LiDAR technology uses ultraviolet (UV), visible, or near infrared light to picture various objects. It can target an extensive range of materials; including rocks, clouds, rain, aerosols, chemical compounds, non-metallic objects, and single molecules.

The LiDAR instrument mainly comprises of a scanner, a laser, and a specialized GPS receiver. With respect to acquiring data over broad areas, helicopters and airplanes are the platforms commonly used. There are two types – topographic (for mapping the land) and bathymetric (primarily used for measuring elevations in the seafloor and riverbed).

Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/lidar-light-detection-and-ranging-market

The market has seen growth on the global scale, owing to a rising demand for advanced mapping solutions for the purpose of excavation and surveying activities. The major factors driving the global LiDAR market are:

  • Environmental mapping and automobile safety are two application segments which are good market drivers. An increasing acceptance in the architectural and construction segment for monitoring & 3D-modeling applications is also expected to boost the global market.
  • Maintenance and inspection of power lines is also expected to drive the market, as the LiDAR technology helps in identifying issues with them through use of UAVs, which ensures timely assessment of the problems.
  • LiDAR finds an important usage in agriculture and forestry, as surveys through their use can help determine the best ways to increase crop productivity, along with helping officials determine the impact of human activities on forests. This again is a major factor driving growth of the market.
  • LiDAR finds usage in mining applications, as it can determine material volumes in open pit mines, thus cutting down on time, cost, as well as exposure to risks.
  • Future transportation infrastructural plans can also be generated using LiDAR technology, as drones can provide scans of different areas to assist city planners with the blueprint of mass transit systems. With the developing and developed economies looking towards creating smart cities, the market is expected to receive a huge boost.

Some of the major products to have come out in the past few years include HYPACK’s NEXUS 800 UAV, which offers data acquisition solutions, LiDAR survey planning, post-processing, and analysis & product creation; as well as the ‘Leddar’ system, developed by ‘LeddarTech’ for the automobiles industry.

The global market has some very important players such as:

  • Velodyne LiDAR, Inc.
  • Leica Geosystems Holdings AG
  • Faro Technologies Inc.
  • Trimble Navigation Limited, and
  • RIEGL USA Inc.

Some of the most recent developments to have taken place in the market include:

  • In October 2019, SAM, LLC. announced that it would be the first North American company to acquire and deploy the RIEGL VQ-1560 II dual channel waveform processing airborne LiDAR scanning system. The sensor would be installed in the 2019 Cessna Grand Caravan EX, the new fixed-wing aircraft by SAM, thus enhancing its national aerial mapping capabilities. While the system was introduced in September 2019, SAM is targeting the first quarter of 2020 for its deployment in the Cessna.
  • In September 2019, VSI Labs, the autonomous vehicle research firm, took a three-member team on a thousand-mile journey, from Minneapolis to Washington D.C. The adventure, known as the ‘Automated Drive East’, made use of the Trimble RTX, which is Trimble’s precise point positioning (PPP) technology. The members departed for the journey in an automated 2018 Ford Fusion.
  • In September 2019, Leica Geosystems announced a huge improvement in the efficiency of their airborne urban mapping solution by introducing the Leica CityMapper-2, which provides efficient and fast city digitization. The system is available in 2 configurations for standard and high-altitude flights, in order to cater to customer needs as well as local flight regulations.
  • In October 2018, Faro Technologies joined hands with STORMBEE®, which champions Mobile UAV technology, to develop a cost-effective, integrated airborne 3D scanning solution for gathering data from large areas for the purpose of crash scene documentation, security pre-planning and military applications. The system comprises of FARO Focus laser scanner, STORMBEE S series UAV and BEEFLEX software suite.

Quantum Dot (QD) Display Market Worth $3.96 Billion By 2022

The global quantum dot display market size is expected to reach USD 3.96 billion by 2022 according to a new report by Grand View Research, Inc.

Increasing awareness regarding energy-efficient displays is expected to boost global quantum dot display market growth. Surge in demand for advanced QLED powered TVs has propelled industry growth.

Advancements in quantum dot (QD) technology have made them useful for television manufacturers giving them a competitive edge in the industry. Creating better color with color tuning features has become a key selling point for display manufacturers. Moreover, adoption of QDs is expected to increase in smaller displays such as in smartphones and tablet devices owing to its capabilities in creating sharp crisp displays.

Cadmium-containing semiconductor-based QDs exhibit superior performance as compared to their cadmium-free counterparts. However, the toxic nature of such heavy metals has raised environmental concerns. Regulations in EU and Japan restrict the use of cadmium, compelling vendors to focus on the development of Cadmium Free Quantum Dots (CFQD). Manufacturers offering high-performance cadmium-free QDs in adequate volumes are expected to gain competitive advantage in the market moving forward.

Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/quantum-dot-qd-display-market

 Further key findings from the report suggest:

  • QD based LEDs or QLEDs segment dominated the global quantum dot display industry accounting for over 45% of the market share in 2014. QD LED technology enables OEMs to manufacture UHD TVs with enhanced color gamut as compared to OLED UHD TVs, at reduced costs and improved energy-efficiency. In 2014, Samsung progressed from conventional UHD OLED TVs to QD-based LED 4K TVs to evade high development costs. Competitor TV companies such as Panasonic, LG,and Sharp have started developing UHD TVs incorporating QD technology, thereby driving the industry’s growth prospects.
  • QDs are made up of binary compounds such as cadmium selenide, cadmium sulfide, cadmium telluride, and indium arsenide. However, toxicity of cadmium and global environmental regulations like the Restriction of Hazardous Substances (RoHS) Directive and the Toxic Substances Control Act have limited the amount of heavy metals such as cadmium, lead, and mercury that can be used in consumer electronic devices resulting in increased production of CFQD technology, and opened the doors for OEMs to use QDs in a variety of consumer electronic display devices.
  • Consumer electronics segment dominates the QD display market accounting for over 70% of the revenue share owing to increasing use of this technology in TVs and mobile devices. In healthcare, such display technology is extensively used in activities such as cancer diagnosis, DNA labeling, cellular labeling, and biological imaging.
  • North America dominated the global quantum dot display industry acquiring over 40% of the overall global revenue share in 2014. Key QD manufacturers in the industry are based in the U.S. owing to extensive R&D spending over advanced QD display technologies and high production capacities.
  • Key industry participants include Dow Chemical, Nanoco Group, Nanosys, and Quantum Material Corporation. In addition to these, consumer electronic giants such as LG and Samsung are making joint efforts to develop and encourage the use of CFQD, with the latter already incorporating such advanced technology in its SUHD TV models.

Grand View Research has segmented the global quantum dot display market on the basis of component, material, application, and region:

Quantum Dot Display Component Outlook (Revenue, USD Million, 2012 – 2022)

  • Tube
  • Film
  • LED 

Quantum Dot Display Material Outlook (Revenue, USD Million, 2012 – 2022)

  • Cadmium-containing
  • Cadmium-free 

Quantum Dot Display Application Outlook (Revenue, USD Million, 2012 – 2022)

  • Consumer Electronics
  • Healthcare 

Quantum Dot Display Regional Outlook (Revenue, USD Million, 2012 – 2022)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Table of Content

Chapter 1. Methodology and Scope
                   1.1. Research methodology
                   1.2. Research scope and assumptions
                   1.3. List of data sources
Chapter 2. Executive Summary
                   2.1. Quantum dot display- Industry snapshot and key buying criteria, 2012 – 2022
Chapter 3. Quantum Dot Display Industry Outlook
                   3.1. Market segmentation
                   3.2. Market size and growth prospects
                   3.3. Quantum dot display value chain analysis
                   3.4. Quantum dot display market dynamics
                      3.4.1. Market driver analysis
                           3.4.1.1. Increasing demand for optimized display devices with better performance and resolution
                           3.4.1.2. Versatility of QD-based display applications
                           3.4.1.3. Energy savings and improved battery life in display devices
                      3.4.2. Market restraint analysis
                           3.4.2.1. Compliance with stringent federal regulations on the use of heavy metals in quantum dot display
                           3.4.2.2. High cost of technology and manufacturing challenges
                   3.5. Key opportunities prioritized

Continue……….

Energy Management System Market Worth $117.83 Billion By 2025

The global energy management system market size is expected to reach USD 117.83 billion by 2025, according to a new study conducted by Grand View Research, Inc., expanding at a CAGR of 17.1% during the forecast period. Technologically-updated business expansion initiatives such as smart cities are expected to fuel the energy management system (EMS) market growth. Selecting the right vendor is crucial for implementing and monitoring EMS solutions. Installing individual energy meters in problem areas and creating an interactive communication program among end users are likely to further lead to enhanced monitoring of the transmitted data.

Typically, an EMS includes devices, sensors, and meters that measure and monitor energy consumption and other factors related to them. These devices then transmit data over wireless network to a centrally-located server where an interactive application helps users in analyzing and optimizing information. Numerous EMS vendors provide hardware, software, and consulting support to keep the program running. Moreover, if the energy meters have the ability to operate on an open protocol, such as MODBUS, customers may not be dependent on any particular hardware or software vendor.

With an expected increase in the costs of energy, gas, electricity, and oil, companies have become more conscious about maintaining, utilizing, and conserving energy resources efficiently. The price decrease in primary and secondary renewable energy sources will play an important role in reducing manufacturing costs.

Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/energy-management-systems-market

 Most enterprises have realized the need to implement EMS solutions to effectively monitor their systems. Transport and industrial sectors witness increased energy consumption, which poses numerous environmental concerns.Thus, the need for an intelligent management system to streamline operations becomes inevitable.

In the recent times, most top players have been making large investments in research & development programs to enhance their products. Improved features such as product maintenance services and analyzing software analytics by expert consultants are a few key factors expected to drive the growth of energy management system industry.

Further key findings from the report suggest:

  • The software segment is anticipated to grow at the highest CAGR of 18.0% from 2019 to 2025 owing to the rising demand for EMS to record and monitor energy utilized across various segments.
  • The HEMS segment in energy management system market is anticipated to grow at the highest CAGR of 19.4% from 2019 to 2025. This growth can be attributed to increasing adoption of HEMS for curtailing carbon emissions.
  • The demand response management segment is expected to witness the fastest growth over the forecast period. This growth is attributed to the increasing adoption of demand response management solutions for scheduling, monitoring, and controlling Distributed Energy Resources (DERs).
  • Increasing demand for EMS in power generation and transmission operations is expected to fuel the power & energy segment growth over the forecast period.
  • EMS are widely used in commercial buildings as it collects energy usage data and monitors equipment for maintenance needs.
  • The Asia Pacific region is expected to witness the fastest growth over the forecast period and reach USD 29.13 billion by 2025, owing to high number of effective energy management solutions in countries such as India and China.
  • Key industry participants include C3 Energy, General Electric Company, Emerson Process Management, Daikin Industries, Daintree Networks, Jones Sang LaSalle, Gridpoint Inc., Schneider Electric, Siemens AG, Honeywell International Inc., Elster Group GmbH, ABB, IBM, Toshiba Corporation, and Johnson’s Control International.

Grand View Research has segmented the energy management system market on the basis of product, component, solution, vertical, end use, and region:

Energy Management Systems (EMS) Product Outlook (Revenue, USD Billion; 2014 – 2025)

  • Industrial Energy Management Systems (IEMS)
  • Building Energy Management Systems (BEMS)
  • Home Energy Management Systems (HEMS)

Energy Management Systems (EMS) Component Outlook (Revenue, USD Billion; 2014 – 2025)

  • Sensors
  • Controllers
  • Batteries
  • Software
  • Display Devices
  • Others

Energy Management Systems (EMS) Solution Outlook (Revenue, USD Billion; 2014 – 2025)

  • Carbon Energy Management
  • Demand Response Management
  • Utility Billing and Customer Information System

Energy Management Systems (EMS) Vertical Outlook (Revenue, USD Billion; 2014 – 2025)

  • Power & Energy
  • Telecom & IT
  • Manufacturing
  • Retail & Offices
  • Healthcare
  • Others

Energy Management Systems (EMS) End Use Outlook (Revenue, USD Billion; 2014 – 2025)

  • Residential
  • Commercial

Energy Management Systems (EMS) Regional Outlook (Revenue, USD Billion, 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • China
    • India
    • Japan
    • Indonesia
    • Singapore
    • Thailand
    • South Korea
    • Malaysia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa (MEA)

Table of Content

Chapter 1 Methodology and Scope
                 1.1 Research Methodology
                 1.2 Research Scope and Assumptions
                 1.3 List of Data Sources
Chapter 2 Executive Summary
                 2.1 Energy Management Systems (EMS) Market – Industry Snapshot & Key Buying Criteria, 2014 – 2025
                 2.2 Global Energy Management Systems (EMS) Market, 2014 – 2025
                     2.2.1 Global Energy Management Systems (EMS) market, by region, 2014 – 2025
                     2.2.2 Global Energy Management Systems (EMS) market, by product, 2014 – 2025
                     2.2.3 Global Energy Management Systems (EMS) market, by component, 2014 – 2025
                     2.2.4 Global Energy Management Systems (EMS) market, by solution, 2014 – 2025
                     2.2.5 Global Energy Management Systems (EMS) market, by vertical, 2014 – 2025
                     2.2.6 Global Energy Management Systems (EMS) market, by end use, 2014 – 2025
Chapter 3 Energy Management Systems (EMS) Industry Outlook
                 3.1 Market Segmentation & Scope
                 3.2 Market Size and Growth Prospects
                 3.3 Energy Management Systems (EMS) – Value Chain Analysis
                     3.3.1 Vendor landscape
                 3.4 Energy Management Systems (EMS) Market Dynamics

Continue……….

Distributed Antenna Systems Market Worth $13.78 Billion By 2025

The global distributed antenna systems market size is expected to reach USD 13.78 billion by 2025, according to a study conducted by Grand View Research, Inc. It is anticipated to register a CAGR of 11.4% during the forecast period. Key factors driving the demand for Distributed Antenna Systems (DAS) include proliferation of connected devices in Internet of Things (IoT), mobile data traffic, and demand for extended network coverage and constant connectivity. Additionally, an increase in higher-bandwidth applications and in-building demand is also supporting the market growth.

Increasing use of wireless data has been accompanied by the development of newer and faster mobile networks, such as 4G and 5G. These networks have become affordable due to their wide usage and availability of smartphones at affordable prices. Moreover, since the switching cost from one service provider to another is low, mobile network operators have to be extra cautious of the penetration and quality of their network. Increased emphasis on improving network performance has propelled service providers to opt for solutions such as DAS, to ensure round the clock availability of their network, thereby driving market growth.

However, the high cost of manufacturing along with the complex installation process of the system is expected to hamper the market growth. Cellular network providers are working on extending their network coverage and bandwidth to take into account the substantial costs involved in the development of a DAS system, which may be attributed to the high cost of consultation, planning and implementation along with the high product price itself.

Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/distributed-antenna-systems-das-market

Further key findings from the study suggest:

  • The hybrid DAS segment is expected to expand at a CAGR exceeding 14.0% over the forecast period. This system is an ideal fit for medium-sized spaces or areas with weak signals. It is cost-effective, easily expandable, and provides increased efficiency and broader coverage
  • The neutral-host ownership segment captured over 48.0% of the overall market share in 2018. This segment is projected to witness the highest growth on account of a large user base, third-party ownership, and a number of players providing a range of solutions
  • The public venues and safety segment is expected to emerge as the fastest-growing segment over the forecast period attributed to the high adoption of DAS solution in areas such as entertainment venues, sports stadiums, and shopping malls
  • North America accounted for over 30.0% of the market share in 2018. Meanwhile, Asia Pacific is expected to expand at the highest CAGR owing to the increasing sales of handheld devices and smartphones in China and India coupled with rising infrastructural growth
  • Key players in the DAS market include CommScope Inc.; Corning Inc.; Crown Castle International Corporation; and Boingo Wireless Inc., among others. These companies are engaging in collaborations with construction companies to sustain the competition.

Grand View Research has segmented the global distributed antenna systems market based on technology, ownership, application, and region:

Distributed Antenna Systems Technology Outlook (Revenue, USD Million, 2014 – 2025)

  • Active DAS
  • Hybrid DAS
  • Passive DAS

Distributed Antenna Systems Ownership Outlook (Revenue, USD Million, 2014 – 2025)

  • Carrier Ownership
  • Neutral-Host Ownership
  • Enterprise Ownership

Distributed Antenna Systems Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Public Venues & Safety
  • Hospitality
  • Airports & Transportation
  • Healthcare
  • Education Sector & Corporate Offices
  • Industrial
  • Other

Distributed Antenna Systems Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

Table of Content

Chapter 1. Methodology and Scope
                    1.1. Research Methodology
                    1.2. Research Scope & Assumptions
                    1.3. List of Data Sources
Chapter 2. Executive Summary
Chapter 3. Distributed Antenna System Industry Outlook
                    3.1. Market Segmentation
                    3.2. Market Size and Growth Prospects, 2014 – 2025
                    3.3. Value Chain Analysis
                    3.4. Market Dynamics
                         3.4.1. Market driver analysis
                              3.4.1.1. Rise in wireless data consumption
                              3.4.1.2. Increasing penetration of smart devices
                              3.4.1.3. Rising demand for LTE and 3G network
                         3.4.2. Market restraint analysis
                              3.4.2.1. High cost
                              3.4.2.2. Upgradability of distributed antenna systems
                    3.5. Penetration and Growth Prospect Mapping
                    3.6. Industry Analysis – Porter’s Analysis
                    3.7. PEST Analysis

Continue………….