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Tea Market - Factors Driving Growth Post 2018
Xpodence Research has announced the addition of the "Global Tea Industry 2018 to 2025 Market Research Report: Market Size, and Forecasts" report to their offering.
Tea is one of the most popular beverages in the world, usually made via boiling or brewing dried camellia sinensis plant leaves. The two prominent types of tea include black tea, widely consumed in western nations and green tea, common in Asian countries. Tea care & husbandry management comprises proper site selection and several carefully maintained steps, which include permanent source of water, proper shelter, free draining soil with pH ranging from 5 to 5.8, and stringent regulations towards the amount of pesticides applied on plantations. Presently, the commercial consumption of tea is increasing, thus bridging the gap between out-of-home tea and coffee consumption. China and India are the major tea producing countries consisting of key players in the global market.
The rising awareness about health benefits associated with consuming tea and rise in fitness concerns among people in different regions is the major driver for the tea market. The additional facts that support the growth of the market includes increase in cafe culture, rise in disposable income, change in sense of taste of people and innovation of tea via introducing additional healthy ingredients. However, increase in cost of raw materials due to unpredictable weather, high cost of production and increasing trend of coffee consumption are expected to hamper the growth of market during the forecast period. Rise in demand of tea from health-conscious young population and frequent introduction of new flavors & variety are expected to provide numerous opportunities for expansion of the global tea market.
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The Tea market is segmented on the basis of type, packaging, distribution channel, application, and geography. By type, the market is divided into black tea, green tea, oolong tea, dark tea, and others. On the basis of packaging the global market is classified into plastic containers, loose tea (packets & pouches), paper boards, tea bags, and aluminum tin. Whereas on the basis of distribution channel, the tea market is classified into supermarkets, specialty stores, online stores, convenience stores and others. Applications covered in the study include commercial and residential. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.
Black tea segment is anticipated to witness highest revenue, followed by green tea and oolong tea segment in the global tea market. As a result of increasing consumption of beverages among young adults in both developed and developing countries, are the major factors to witness highest growth in the global tea market during the forecast period. As a result of aggressive advertising by tea manufacturers to promote their products, it is generating more awareness of various health benefits by tea consumption and hence is expected to drive market growth. Manufacturers are adopting various marketing strategies that are based on creating knowledge and awareness about the product globally. The supermarkets segment is the leading distribution channel with most of the tea market share, which is anticipated to bolster the segment growth. This is attributed to the increase in business of retail sales in different regions and availability of large shelf space for maximum sales.
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Tea consist of large number of bioactive compounds apart from flavonoids such as amino acids, caffeine, lignins, proteins, xanthines, and more. These maintain cardiovascular health, reduce cholesterol, check DNA damage, enhance metabolism, prevent cancer, promote neurological health, and more. the black tea segment emerged as a major market, in terms of revenue, accounting for about one-third of the share. This trend is expected to be replaced by green tea during the forecast period, owing to its rise in consumption in different regions. The green tea segment accounted for second highest market share and is expected to fuel the growth for tea market. Asia-Pacific and Europe holds majority of the share of the global tea market, owing to the higher consumption of tea in the region. Additionally, due to the cultural values of tea in Asian countries, its demand has increased a lot.
The prominent players involved in the tea production are Unilever, Tata Global Beverages (Tata Tea Ltd.), Starbucks Corporation, Wissotzky Tea, Associated British Foods, Nestlé S.A, Akbar Brothers Ltd, The Republic of Tea, and DAVIDs TEA among all others.
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Multi-billion dollar technologies ready to propel industries and transform our world
Xpodence Research updated data for competitive structure of the Global Connected Car Industry to devise effective growth strategies and facilitate better decision-making.
A connected car is a vehicle in which the user (driver and/or passengers) can access, download, consume, send and share information through vehicular communications systems, such as vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-broadband cloud (V2B, with monitoring data center), vehicle-to human (V2H; with road users, pedestrians, bicycles), vehicle-to-sensor (V2S, with the sensors embedded in the environment). Moreover, it can connect with other devices in and out of vehicles at office, home, infrastructure, institute and even other cars as well.
An increase in disposable incomes and technological production across regions is the major driving factor for the connected car market. There have been significant advances in telecommunication technology over the past few years. These advances have offered the population with a new level of connectedness. Following the advancement in the connected cars, onboard sensors, vehicle telematics, and infotainment technology evolved to offer varied applications, ultrahigh definition touch displays, high-speed internet on-the-go and navigation tools.
Demand for better road safety coupled with greater comfort and convenience for passengers are the major driver to Bolster Uptake. The connected car market is driven primarily by the growing deployment of automotive electronics and advanced technologies in vehicular systems. The drive for these technologies stems from the substantial role these play in providing increased road safety, greater comfort and wide entertainment options for passengers. The growing adoption of automotive digital technologies in enhancing the in-car experience for users is a notable factor accentuating the market growth.
The growing demand for infotainment services is occupying a crucial role in the rapid expansion of the connected car market. Coupled with this, the growing demand for services that enable vehicles to connect and continuously enrich with the outer surrounding is a key trend expanding in-vehicle infotainment. The demand for immersive information user experiences has gathered steam among passengers of high-end cars and luxury vehicles.
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A governmental mandates on increasing safety of passengers is expected to provide robust thrust to demand. Various government obligations in emerging and developed nations on promoting the safety of passengers have imparted a robust fillip to the growth of the market. The stringent implementation of vehicular safety among automakers and original equipment manufacturers is also bolstering the demand for better connectivity options in the automotive industry. The bold strides taken by vehicular information technologies such as adoption of 4G connectivity for improving the in-car experience is catalyzing the market growth.
However, the high cost of connected car hardware may hinder its demand among price-sensitive consumers who are unwilling to pay extra cost for advanced car connectivity options. The lack of simple user interfaces in connected car technology ecosystem owing to the dearth of interoperable platforms has also crippled its application at large. The spate of unfavorable events having taken place in the testing of connected car systems in recent times has also adversely affected the prospects of the market.
Be that as it may, the extensive usage of vehicle-to-vehicle and vehicle-to-infrastructure communication connectivity via mobile apps is propelling the growth of the market. Moreover, the adoption of cloud solutions in telematics is opening new paradigms in the connected car market. In particular, the application of telematics has taken auto insurance to the next level of convenience.
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Based on connectivity technology prospective, the connected car market is segmented into 4G (LTE), 3G (UMTS, HSPA, and HSPA+), and 2G (GSM, GPRS, and EDGE). The 2G connectivity system will gradually fade out in the next few years, which is anticipated to be replaced by 3G technology and 4G LTE (Long-Term Evolution). Some of the prime reasons for this technological shift ought to be the quickly ever-changing telecommunication technology and therefore the advent of swift & reliable communication networks.
By connectivity solution type, the connected car market is divided into embedded, integrated and tethered solutions. Embedded connectivity clutches major of the connected cars market share, wherein integrated and tethered connectivity solutions are following up close. However, this scenario is expected to change, as integrated solutions have started occupying the market share of the connected car market. The objective for this drastic paradigm shift is attributed to the user’s freedom of choice in customizing their data plans and. connectivity devices.
Navigation, telematics, and infotainment are the major applications of connected cars market. Navigation holds the largest share in the connected car market. Large scale adoption of the navigation service into the connected cars is emerging as the growth factor. Geographically, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America. North America stands as the largest shareholder in the connected car market. The Asia-Pacific region is anticipated to show prominent growth in the years to come, owing to the rapidly growing population, growing infrastructure rise in the disposal incomes and a large presence of youth.
The major players in the global connected car market include General Motors, Microsoft Corporation, Verizon Communications, Toyota Motor Corporation, Hyundai Motor Co., Delphi Automotive, Mercedes-Benz, Gemalto, Sierra Wireless, Audi, BMW AG, Ford Motor Company Bosch, Continental, Harman, Denso, ZF, NXP, Infineon and Valeo among all the others.
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Green Petroleum Coke Market Growing Stupendously
Xpodence Research has announced the addition of the "Global Green Petroleum Coke Industry 2018 to 2025 Market Research Report: Market Size, and Forecasts" report to their offering.
Green petroleum coke or green petcoke, a solid rock material is a derivative of crude oil refining and other cracking processes. Although a refining byproduct, green petroleum coke is considered as a valued commodity since 2009 globally. Remaining crude oil after separating other valuable petroleum products from refining process such as petrol, diesel, lubricants, waxes, etc. can be treated more in cokers or other cracking procedures to produce green petroleum coke.
Diverse grades of green petroleum coke are manufactured by varying the coking operation coking time length, temperature, and superiority of raw material used. The grades obtained by process are purge coke, needle coke, sponge coke, catalyst coke, and shot coke. The different grades diverge in their physical properties and Volatile Organic Content (VOC). It is commonly used as a source of energy in numerous industries due to its high calorific value, as compared to bituminous coal and metallurgical coal. About 75% of the petroleum coke produced is used as an energy source in several industries. power plants and Cement kiln are the principal end users.
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Furthermore, green petroleum coke is also used in the manufacturing of metal, where it is used to manufacture anodes for Electric Arc Furnaces (EAFs). The niche applications of petroleum coke include the production of titanium dioxide TiO2 for paint and coloring industry, feedstock for coke oven series batteries, to produce ammonium nitrate and urea or carbamide for the paper industry and fertilizer, etc. High Sulphur, low-grade green petroleum coke (fuel grade) is generally used as a source of energy, while low Sulphur, high-grade green petroleum coke is used for other purposes by the manufacturers. Green Petroleum coke is a cost-effective alternative to coal with higher calorific value, lower ash content.
Upsurge in the utilization of green petroleum coke in the aluminum Manufacturing and heavy steel industries is likely to impel the green petroleum coke market. Anode-grade green petroleum coke contains very less sulfur, and it is used in aluminum and steel smelters as anode for the production of steel and aluminum. The fuel grade green petroleum coke contains a relatively high percentage of sulfur and is utilized as fuel in various end-use industries such as power stations, building & construction, etc. The fuel grade (High Sulphur) petroleum coke segment is expected to dominate the green petroleum coke market during the anticipated period.
In terms of form, the green petroleum coke market can be categorized into sponge coke, purge coke, needle coke, honeycomb coke, and shot coke. Sponge coke is mid-level coke and is not as rigid as needle coke and not as unstable as shot coke. The sponge coke category is anticipated to constitute a main portion of the green petroleum coke market. After sponge coke, following closely the shot coke segment clasps the second largest stake in the green petroleum coke (Green petcoke) market as shot coke is inexpensive and holds high density. It is typically used for titanium dioxide (TiO2) production. Further Needle coke clutches the leading share in the green petroleum coke market as it offers properties such as nearly low coefficient of thermal expansion, high mechanical strength, and low puffing. several Developing countries such as China, India, and Japan are anticipated to increase their consumption of sponge coke. Consequently, these regions are likely to impel the growth of the sponge coke segment.
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In light of application, the green petroleum coke market can be bifurcated into aluminum, cement, calcined coke, power stations, graphite electrode, and others. The graphite electrode segment is further classified into various sub-segments such as regular, high power (HP), high density (HD), ultra-high power (UHP) and super high power (SHP), normal power (NP), and medium power (MP) graphite electrode. The Cement segment is predicted to lead the market during the study period. Green petroleum coke is utilized in cement as it holds no amount any sulfur residual. It only emits sulfur when it is burnt. Demand for cement is high due to the expansion in the construction and building industry. This, sequentially is anticipated to drive demand for green petroleum coke.
Geographically, the global green petroleum coke market can be bifurcated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America and Europe hold a leading share of the green petroleum coke market due to the presence of well-established crude oil companies in these regions. North America also constitutes a significant share of the market. The market in Asia Pacific is estimated to expand at a rapid pace due to significant increase in construction and building activities in developing economies such as China and India. The market in Middle East & Africa and Latin American is expected to expand at a slow pace during the forecast period.
Some of the Key players in the market include Oxbow Corporation, Asbury Carbons, Aluminium Bahrain (Alba), Atha Group, Rain Carbon Inc., Minmat Ferro Alloys Private Limited, Shandong KeYu Energy Co., Ltd. Weifang Lianxing New Material Technology Co., Ltd. Linyi Zhenhua Carbon Technology Co., Ltd., COCAN (HUBEI) GRAPHITE MILL INC., Modern Industrial Investment Holding Group., Sinoway Carbon Co., Ltd., and Ningxia Wanboda Carbons & Graphite Co., Ltd. Carbograf Industrial S.A. de C.V., AMINCO RESOURCES LLC., among all others.
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Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.
We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.
The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.
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Virtual Reality Market to Receive Overwhelming Hike in Revenues by 2025
New market research study provides an analysis and evaluation of the current and prospective profitability, liquidity and financial stability of Global Virtual Reality Industry.
The global virtual reality (VR) market was estimated as USD 1.41 Billion in 2016 and is expected to reach USD 63.12 Billion by 2025, growing significantly with a CAGR of over 52.8% during the forecast period. Growing applications of virtual reality technology and associated devices across wide areas, such as aerospace & defense, commercial, consumer electronics, industrial and medical field and increasing interest of large technology companies in virtual reality is fuelling the growth of the market. Moreover, easy availability of head-mounted displays and other hardware components are driving the growth of virtual reality industry.
Virtual Reality is a three-dimensional, computer generated environment which can be explored and interacted by an individual. There are wide varieties of applications for virtual reality which includes architecture, sport, medicine, arts, entertainment and gaming, and healthcare. Moreover, with sound and vision, companies are also working on integrating more intelligence into the VR, to enhance their experience. Increasing trends in the virtual reality industry are related to the field of e-commerce. E-commerce companies have started adopting VR to enhance shopping experience for customers. Moreover, advertising companies are using VR to attract users to market their products. However, the high cost of virtual reality devices is the main factor obstructing the growth of this market.
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Growing use of Head Mounted Displays is driving the VR market
The global virtual reality market is bifurcated based on the device, components, technology, application and region. Based on the device, the market is segmented as head-mounted display (HMD), gesture tracking devices (GTD) and projectors & display walls (PDW). Decrease in the prices of HMD has led to growth in the use of HMD devices, in the field of consumer goods, commercial, medical, industrial sectors among others. Owing to this, the segment is expected to grow at the fastest pace during the forecast period. Moreover, the use of HMDs in applications such as education and training, are the factors fuelling the growth of the virtual reality industry.
Further, based on the components, the market is segmented as hardware components and software components. Hardware segment is the dominating segment, contributing a major share to the overall revenue, owing to the low cost of the electronic components as well as vast use of sensors. Few disruptions in the VR technology, which are expected to have huge impact on the hardware market size, while the software is anticipated to dominate the components segment over the forecast period, due to easy and simple interface.
Based on the technology, the market is bifurcated as non-immersive and semi & fully immersive technologies. The semi & fully immersive VR technology was the largest segment in terms of size, during 2016 and is anticipated to continue dominating the market over the forecast period. This is due to the rising preference of HMD-based VR devices, which are employed with semi & fully immersive technology. Based on the applications, the market is segmented as aerospace & defense, commercial, entertainment and gaming, industrial, healthcare and others. The application in the field of entertainment and gaming accounted for the largest market share, owing to its high penetration in the gaming industry. Commercial application is projected to be the second-largest application segment to grow during the forecast period, due to the rising demand for virtual reality devices for educational training.
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Rising number of startups in developing countries is driving the growth of the Virtual Reality Market.
North America region is expected to dominate the virtual reality market, owing to the increasing interests of companies and huge investments by the major players in VR technology in the region. The Asia-Pacific market is valued to grow at the fastest pace, due to the increased numbers of startups in developing countries such as China, India, Japan, and South Korea. Therefore, increased acceptances for the VR technology in the APAC region are the factors driving the virtual reality industry.
Major Players in the global virtual reality market include Oculus VR LLC., Sony Corporation, HTC Corporation, Samsung Electronics Co., Ltd., EON Reality Inc., Google Inc., Microsoft Corporation, Vuzix Corporation, CyberGlove Systems Inc., Sensics, Inc., Leap Motion Inc., and Sixense Entertainment, Inc. Recently in May 2018, Microsoft announced the launch date of its two enterprise apps on the HoloLens. The company also announced the launch of twor more apps Remote Assist and Layout on May 22. Other players are similarly involved in research & development, acquisitions, expansions and collaboration for their strategic growth.
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Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.
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The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.
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3D Printing Market Growing Stupendously
Xpodence Research has announced the addition of the "Global 3D Printing Industry 2018 to 2025 Market Research Report: Market Size, and Forecasts" report to their offering.
3D printing is the process of designing and printing in three dimensional shape and maintaining structure, texture and rigidity of the material. It is the technique where, material is brought into digital designs identical to real world objects, which are tangible with the help of machines called 3D printers. 3D Printing (3DP), also known as additive manufacturing, was developed in the 1980’s as a process used to make 3 dimensional objects. Additive manufacturing (3DP) creates fragments from the ground up by fusing together layer by layers of material.
The complete 3D printing technology can be fragmented into 3 steps – (a) 3D Design (b) Slicing (c) 3D Printing. 3D digital model is the starting point for any 3D printing process in which the digital model is prepared by using various 3D design software or can also be created using 3D scanning. The 3D model is then sliced into split layers by this means converting the design into an information file readable by 3D printer. 3D printer then print this source file layer by layer using the raw material given as input to the 3D printer (3DP). There are a number of different types of 3D printing technologies, which process different materials in different ways to create the final object. Functional metals, plastics, sand and ceramics are all routinely utilized for industrial prototyping and production applications.
The market is gaining traction from a number of factors such as heavy customization where multiple individualized items can be manufactured simultaneously, saving time and energy while improving efficiency over the forecast period. The major benefactors benefitted from the technology include advanced prosthetics and concept visualization. Furthermore, factors enhancing the market include technological developments for enhanced flexibility, and rising demand driven by the increasing developments coupled with enabling faster designs and favorable funding in developed economies. However, High cost of equipment, lack of infrastructure, and lack of an international standards body regulating manufacturers may restraint the market.
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The 3D printing market based on use has been sub segmented into commercial and personal. Commercial utilization segment, which serves as the most significant amount of demand, includes rapid manufacturing, rapid prototyping, mass production, and mass customization. On the counter prospective, personal applications involves printing 3D objects in-house for personal use. The commercial segment accounts for major demand-share, contributing to major amount of revenue.
On the basis of Technology, the global 3D printing (3DP) market is segmented into Polyjet, Selective Laser Sintering (SLS), Fused Deposition Modeling (FDM), and Stereo Lithography (SLA). PolyJet technology accounts for major of the total market share, and is expected to exhibit an exponential growth rate. Fused Deposition Modeling (FDM) segment is the second most prominent shareholding segment, and dominates the 3D printing market in terms of volume shipment. FDM is also widely utilized in a variety of industrial applications, from consumer goods to automotive. Further, the 3D printing market is bifurcated based on application, which is segmented as consumer products and electronics, medical, automotive, industrial, aerospace, military and defense, education, and architecture. Consumer product segment holds the maximum demand, trailed by the automotive sector, wherein 3D printing (3DP) is utilized to design a number of parts for automobiles. Few examples of vehicles interior parts are engines, gearbox handle, shafts, gears, brakes and spare parts and external parts such as window frames, doors, camshafts, body parts, steering rack, head and taillights.
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Geographically, the 3D printing (3DP) market is bifurcated into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Among these regions, North America is expected to hold the largest market share of the 3D printing. Increasing household and commercial utilization among consumers is anticipating to contribute for the growth. Moreover, the capability of 3D printers to print on demand structures, materials, objects is expected to contribute to the fastest growth of the –Asia Pacific market over the forecast period.
Major market players in the global 3D printing includes, TNO, Stratasys Ltd., 3D Systems Corporation, EOS GmbH, Materialise NV, SLM Solutions Group AG, Arcam AB, Concept Laser GmbH, The ExOne Company, Voxeljet AG, Proto Labs, Inc., Optomec Inc., ARC Group Worldwide, Inc., GROUPE GORGÉ, EnvisionTEC GmbH, Mcor Technologies Ltd., Beijing Tiertime Technology Co. Ltd., Renishaw plc, XYZprinting, Ultimaker BV, Koninklijke DSM N.V., Höganäs AB, taulman3D, LLC, Nano Dimension, Carbon Inc., Markforged, Inc., and Cookson Precious Metals Ltd. among all the others.
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Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.
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The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.
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The Impact of Digital Transformation on the Privileged Identity Management Industry
Xpodence Research has announced the addition of the "Global Privileged Identity Management Industry 2018 to 2025 Market Research Report: Market Size, and Forecasts" report to their offering.
Privileged identity management solutions integrates the skills of managing identity content like usernames, passwords, and other privileged information linked with privileged accounts within an organization. The identity management solution is anticipated to command the major share of the privileged identity management market in the forecast period. Session monitoring & management is expected to play a major role in transforming the identity management landscape and grow at the swiftest growth rate during the future years.
Owing to the rapidly varying IT environment, hackers are finding out various techniques in order to gain access to valuable information and thereby disturb businesses. The rising dependency of private enterprises as well as government on web applications results in an unparalleled increase in cyber-attacks and advanced threats. Also, different social networking sites and the increased adoption rate of m-commerce has resulted in the growth of the number of identity thefts. This rising dependence on the Internet for both organizational as well as personal operations will propel the demand for the increased adoption of effective privileged identity management systems.
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The global privileged identity management market can be classified based on component, installation type, deployment mode, organization size, vertical, and region. On the basis of component, the global privileged identity management market is divided into solution and service. Based on installation type, the global market is subdivided into appliance-based and agent-based. Depending upon deployment type, the global privileged identity management market can be divided into on-premises and cloud. By organization size, the global privileged identity management market can be divided into small and medium enterprises, and large enterprises. Depending upon vertical, the global market is classified into BFSI, government & defense, healthcare, manufacturing, energy & utilities, telecom & IT, retail, and others.
Based on regions, the global privileged identity management market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the privileged identity management market in the forecast period. Owing to the high frequency of cyber-attacks in the US that result in the introduction of rigid compliance regulations is a major reasons for the growth of the privileged identity management software market in this region. Furthermore, the presence of numerous large financial services organizations and the increased adoption rate of privileged identity management solutions by the US government will also fuel the market growth. The rising penetration of the Internet as well as smart & connected devices has resulted in upward security needs. Also, the swift economic growth in the developing Asia-Pacific economies, coupled with successful regulatory reforms and economic stability is propelling the market growth in this region. Also, in Latin American market, SMEs and organizations belonging to various verticals, such as retail, public utilities, healthcare, Banking, Financial Services, & Insurance (BFSI), and manufacturing, are estimated to rise in investments in privileged identity management solutions.
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The major companies that provide privileged identity management solutions include ARCON, Balabit, BeyondTrust, Bomgar Corporation, CA, Inc., Centrify, Core Security, Cyberark, Hitachi-ID, IBM Corporation, Iraje, Lieberman Software, Simeio Solutions, Thycotic, Wallix and Wheel Systems among others.
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Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.
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The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.
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Strategic Analysis of the Top Companies Investments in Steam Trap Market
New market research study provides an analysis and evaluation of the current and prospective profitability, liquidity and financial stability of Global Steam Trap Industry.
A increased importance is being attached to the use of clean as well as renewable energy sources such as geothermal energy, specially in the developed countries such as the Americas and Europe and thereby major environmental regulations are being imposed by numerous regulatory bodies such as the USEPA,. The demand for generation of geothermal power across the world is being fuelled by the rising depletion of fossil fuel resources especially coal. The major countries involved in the generation of geothermal power generation include the U.S., Indonesia, and Mexico. The advent of geothermal technology for clean energy will enhance the usage of steam traps as they help to save energy efficiently.
Owing to the enhanced demand for abridged energy costs and reliable productivity, it has become vital to have a active steam trap station management program, integrated with the overall steam system management program. It is a mandate established by almost every plant operation that a steam trap station should operate reliably for around six years. This program helps in documentation of each fault identification that will help in measuring the corresponding energy loss as well as measure the impact of emission for the faulty steam valves present in the station.
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The steam trap market is segmented by product, application, body material end-user and regions. Based on the product, the global steam trap market is divided into mechanical, thermodynamic, and thermostatic. By application, the steam trap market is divided into drip application, process application, tracing application. Depending upon body material, the global market is segmented into steel, and iron. Based on end-user, the global market is divided into chemicals, energy and power, food & beverages, oil & gas, pharmaceuticals, and others.
Based on regions, the global steam trap market is segmented into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. The Asia-Pacific region was the largest market in the global steam trap market in 2015 and is anticipated to endure its dominance in the market during the forecast. The factors responsible for this region’s growth are gushing refinery activities and increasing demand for thermal power. The extraordinary requirement for gasoline across different end-users sectors and growth of electricity consumption will fuel the growth opportunities for the steam trap manufacturers in the forthcoming years.
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The global steam trap market is highly fragmented, owing to the presence of large international players as well as regional players that are mainly based in South and Southeast Asian countries. The minor players in the market pose an intense challenge to the international vendors in terms of functionalities, product features, and services, which they provide at a cheaper rate than the global counterparts. The competition in this market sector is expected to deepen during the future years owing to the introduction of products loaded with new features and technologies.
The major companies present in steam trap market include Flowserve Corporation, CIRCOR International, Inc., Thermax Limited, Pentair plc, Velan Inc. Schlumberger N.V., Emerson Electric Co., Spirax-Sarco Engineering plc, The Weir Group PLC, and Watts Water Technologies, Inc. among others.
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Technologies Impacting the Future of Cobots
Xpodence Research has announced the addition of the "Global Cobots Industry 2018 to 2025 Market Research Report: Market Size, and Forecasts" report to their offering.
Cobots is a short form for collaborative robots which are planned to aid human beings for specific tasks, which are highly compound in nature and require high accuracy. These robots work in a close collaboration with humans. The robots can detect any unusual activity in their surroundings and can collaborate with humans without physical separation. Smarter, flexibility, smaller, and user-friendly are some qualities which make cobots more useful than industrial robots.Collaborative robots use advanced technologies, which include torques sensing, collision detection, and elastic actuators, for finishing tasks in an efficient manner.
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The major factors driving the growth of this market are rise in the investment done in automation sector by the industries, and high ROI and low price of collaborative robots attracting small & medium enterprises. The major market restraint is the high initial investment in the solutions and hard training program for the employees to interact with these robots which need significant time and capital expenditure and leads to lesser adoption by the enterprises. Lack of awareness and lack, skilled labor and lack of capabilities related to faster cycle time and repeatability are the major factors that may hinder the market growth in the near future. Huge investments done by many industries for robot installations in many countries and rising demand for high payload capacity of cobots. Are the major growth opportunity factors in this market.
Cobots market can be bifurcated on the basis of application, as.converted cobots, new-build cobots and redeployed cobots. Based on End-user the market has been categorized into shallow water, deepwater, and ultra-deepwater. Geographically, the Cobots market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The Cobots market size and forecast period for each region has been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by application, end-user and regions supports in evaluating the present scenario, growth prospects and the future scenario for the Cobots market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.
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The oil and gas exploration companies are concentrating on exploration of oil and gas, from onshore to offshore to drive the Middle East and Africa market for Cobots in the future years. The major companies that are involved in Cobots are ABB, Bionic Robotics, KUKA, Omron Adept Technologies, Blue Ocean Robotics, FANUC America Corporation Copyright, Robotnik and Rethink Robotics.
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Vision 2025 - The Future of E-House Market Transformations and Growth Opportunities
Xpodence Research updated data for competitive structure of the Global E-House Industry to devise effective growth strategies and facilitate better decision-making.
Electrical House (eHouse), also called Power House, is a assembled walk-in modular outdoor enclosure to house a low voltage (LV) and medium voltage (MV) switchgear as well as secondary equipment. It can be wheel or a skid mounted and is ready to operate in the field with minimum installation cost, commissioning and start up time - as an substitute to traditional on-site building construction (brick construction, concrete block, or similar).
Proximity to major suppliers during design / construction makes the changes and integration easier. The eHouse is tested before shipping including all its components, which minimizes risks in the field. Its mobility makes it easy and cost-effective to install and relocate. eHouse can be installed close to the main loads which reduces the power and control cable size and length. By being close to the loads the energy cost is lower.
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The global E-House market has be categorized into application, and regions. Based on applications the market e-house market has been categorized into utilities, industries, oil & Gas and mining.
The major factors driving the E-House market are the self-contained solutions & modular designs, rising investments in infrastructure projects, remote locations of end-users, growing renewables in the energy mix, and greenfield & brownfield T&D investments. The typical concerns regarding E-house and the lack of awareness are some of the major factors that may hinder the market growth in the near future. Additionally the growing implementation of E-House solutions in various segments is the long-term growth opportunity in E-House market.
Geographically, the E-House market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The E-House market size and forecast period for each region has been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by application, and regions supports in evaluating the present scenario, growth prospects and the future scenario for the E-House market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.
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The rising technological advancements is anticipated to drive the Asia Pacific market for E-House in the future years. The major companies that are involved in E-House are General Electric Company, Siemens AG, ABB Ltd., Electroinnova Installations and Maintenance SL, Powell Industries, Schneider Electric SE, TGOOD Global Ltd., and Zest Weg Group.
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Global Returnable Transport Assets Management System Market to Observe Strong Development by 2025
New market research study provides an analysis and evaluation of the current and prospective profitability, liquidity and financial stability of Global Returnable Transport Assets Management System Industry.
There has been an unprecedented popularity of using standardized and reusable containers among manufacturers and their trading partners in order to transfer goods and manage an efficient supply chain. The returnable containers are available in various shapes and sizes, and are offered to supply chain partners in order to streamline the transportation of parts and materials from a supplier to an original equipment manufacturer (OEM) and between OEMs. These returnable containers are both durable as well as reusable, and do not require maintenance. These containers offer various benefits to manufacturers and suppliers such as reduction of waste and cost; increased efficiency, productivity, a well as competitiveness. However, the challenge associated with containers management present many challenges for manufacturers. Thus, returnable transport asset management system refers to the monitoring and holding the track record of the assets and proper management of the things. The application of asset management aids in altering the thinking at each organization level and helps to reduce the burden.
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The global returnable transport assets management market can be classified based on product, application, and region. On the basis of product, the global market is classified into barcode, global positioning system, real time location system, and radio frequency identification. Depending upon application, the global returnable transport assets management market is segmented into retail, industry manufacturing, logistics and transport, healthcare, and others.
The global returnable transports assets management system market is expected to garner maximum revenue in the forecast period. Factors such as better application of resources along with efficient tracking and management are expected to fuel the growth of crew management market. However, high initial investment cost is anticipated to hamper the market growth.
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Based on regions, the global returnable transports assets management system market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the returnable transports assets management system market during the forecast period. The Asia-Pacific region is expected to witness the swiftest growth in the returnable transports assets management system market.
The major companies that provide returnable transports assets management system include Datalogic SpA, Honeywell International, Inc., Impinj, Inc., Mojix Inc., Sato Holdings Corporation, Stanley Black & Decker, Inc., Trimble Inc. and Ubisense Group.
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Future and Growth of Nano GPS Chip Market by 2025
New market research study provides an analysis and evaluation of the current and prospective profitability, liquidity and financial stability of Global Nano GPS Chip Industry.
GPS (Global Positioning System) was initially created by the U.S. government for the military which the administration later permitted their utilization by regular folks. GPS satellite information use is free and all around available, as long as the device and software are purchased or leased. Nano GPS chip solutions are a small innovation inside the more extensive marvel of GPS solutions. The market for nano GPS chips is expected to grow significantly in the near future. Nano GPS chips are outfitted with features, for example, a constant clock, surface acoustic waves, a temperature-controlled oscillator, a power administration unit, and radio frequency protecting system, which add to the development of this innovation. It is equipped for steady network with enhanced peripheral signal conditions and less power utilization. Nano GPS chip prevent the bike and auto burglaries, which is a key factor impacting the improvement of this market.
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Makers have been putting resources into broad innovative work to discover how to limit the span of the reduced worldwide route satellite framework module without influencing the item's effectiveness, affectability, control utilization, and execution. Later, games and dashing amusements strategies are anticipated to trigger the interest for transceiver chips. People who need to monitor their elderly guardians utilize nano GPS chip trackers also, which in turn helps in the growth of global market. Sunlight based GPS trackers are intended for animals, for example, steers, canines, camels, elephants, and horses for tracking. Government activities to ensure natural life are adding to the use of this innovation. Urban territories, have a poor satellite signal, which is either non-existent or extremely deteriorated by meteorological conditions – a huge deterrent for the worldwide nano GPS chip market.
Interest for sharp, business applications is developing. This incorporates items empowered with following arrangements, for example, smart watches, computerized cameras, trackers, and wearable gadgets. The expanding prerequisite for security frameworks, wearable items, and tracker gadgets additionally assumes a vital part in driving the growth of this market. The rising adoption of smartphones is also expected to drive the growth of global nano GPS chips market. One of the major factor that is expected to be a challenge for the growth of global nano GPS chips market is the lack of awareness among the consumers. The increasing innovations and product launches by key market players is expected to create new opportunities in the global nano GPS chips market.
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The global nano GPS chips market is segmented on the basis of type, application and region. On the basis of type, the global nano GPS chips market is classified as low power, sensitivity and others. Based on application, the global nano GPS chips market is segmented as tablet, PDA, smartphones, PC and others. The global market is also segmented based on region as North America, Europe, Latin America, Asia-Pacific and Middle East and Africa.
Some of the key players in the value chain of global nano GPS chips market OriginGPS, Shenzhen Esino Technology Ltd, Shenzhen Zhonghe Electronics Co., Ltd, Dragon Bridge (SZ) Tech Co., Ltd, VLSI Solutions, Analog Devices, Fujitsu, Beijing oLinkStar Co., Ltd., Unicore Communications, Inc. and ATMEL Corporation.
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Technologies Impacting the Future of Managed Print Services
Xpodence Research has announced the addition of the "Global Managed Print Services Industry 2018 to 2025 Market Research Report: Market Size, and Forecasts" report to their offering.
Managed print services (MPS) is a trusted mode that helps businesses to obtain the skills as well as expertise required to manage the cost, complexity as well as risk of an unmanaged print infrastructure. Large number of MPS providers is moving MPS in the wider territory of workflow or process automation or content management. However, it is the small group of organizations that have adopted these comprehensive services within their MPS engagements. But, these organizations are very positive about their MPS engagements outcome. Majority of clients are content with their MPS relationships, however, large number of them continue to express their desire for proactive and innovative business partnership. As the market approaches maturity, the chance to drive greater business value via MPS, significantly in the context of digital transformation, is growing. This customer-centric as well as strategic approach to MPS needs innovation, insight along with industry expertise – sectors wherein MPS providers showcase mixed performance levels.
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The global managed print services market can be classified based on channel, enterprise size, deployment model, end-user and region. On the basis of channel, the global market is classified into channel partner/ core MPS providers and printer/copier manufacturers. Depending upon enterprise size, it is segmented small enterprise, medium enterprise, and large enterprise. As per deployment model, the global managed print services market is divided into hybrid, on-premise, and cloud-based. Based on end-user, the global market is divided into BFSI, manufacturing, telecom & IT, construction, education, healthcare, legal, construction, public & government, and others.
The global managed print services market is expected to face some hurdles in the forecast period. Factors such as doubt about the efficiency as well as effectiveness of managed print services and long-term recurring expenditure, requirement of higher bandwidth for the management of their data processes and avoid latency issues are expected to curtail the growth of this marketIts rate of adoption is being jeopardized by the possibility of lack of efficiency in the cloud model of managed print services. Also, the operating expenses incurred in the managed print services outweigh the one-time investment cost of in-house IT infrastructure, thereby acting as a weakness to MPS adoption.
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Based on regions, the global managed print services market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the managed print services market during the forecast period. The presence of numerous startups in the North American market and favorable compliance rate as well as rigid government regulations for the business environment have led to high growth rate and high demand for managed print services. Owing to the presence of promising government regulations, European companies are investing in the North American market, thereby propelling the growth of managed print services market in the region.
The major companies that provide managed print services include Xerox Corporation, HP Development Company, L.P. ,Ricoh Company, Ltd. and Lexmark International, Inc.
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A Deep Analysis of Current and Future Investments in Mobile Advertising Market
New market research study provides an analysis and evaluation of the current and prospective profitability, liquidity and financial stability of Global Mobile Advertising Industry.
The major factor promoting the growth in mobile ad spending market is the rapid growth in social media. Social media continues to be a large platform for advertisers as well as companies to promote and interact with customers online. With the help of social media, the consumers interests, feedback, and rating can be easily examined with the help of social media. Different users share posts as well as updates available on the brand’s homepage, thereby leading to the creation of more interaction and awareness. These tactics will enable organizations to create a market presence for their products with broad customer base. According to various studies, over 50% of the customers buy mobile phones after obtaining brand information from social media in developed countries. Thus, social media has enabled companies to obtain a larger customer base and brand loyalty, and this trend will continue to rise in global mobile ad spending market during the forecast.
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The global mobile advertising market can be classified based on solution, industry vertical, type, device and region. On the basis of solution, the global market is classified into reporting and analytics solutions, advertisement campaign solutions, content delivery solutions, mobile proximity solutions, integrated solutions, and others. Depending upon type, it is segmented into rich media, display advertising, in-game advertising, in-app advertising, search advertising, SMS/MMS/P2P messaging advertising, and others. As per industry vertical, the global mobile advertising market is divided into healthcare sector, academia & government sector, hospitality & tourism sector, energy & utilities sector, BFSI sector, fast moving consumer goods, telecommunication & it sector, and others.
The global mobile advertising market is expected to garner maximum revenue in the forecast period. Factors such as the development of new technologies such as 3G and 4G and rise in the use of smartphones and tablets among consumers are expected to fuel the growth of this market. Also, large number of consumers are increasingly becoming dependent on multiscreen for online shopping; people are spending their media time on smart TVs, smartphones, computer, tablets, and laptops.
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Based on regions, the global mobile advertising market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the mobile advertising market during the forecast period. The primary factor contributing to the growth of this market is modernization that results in the increased demand for digital marketing in this region. As a result, consumers are promptly shifting towards online shopping. For instance, in order to maintain its huge customer base, Walmart has ventured into online shopping market space.
The major companies that provide mobile advertising include InMobi, Facebook, Google, Apple, Jumptap, Yahoo!, Microsoft, Millennial Media, Mojiva, and Tapad among others.
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Virtual Classroom Market - Changing Supply And Demand Scenarios By 2025
Xpodence Research updated data for competitive structure of the Global Virtual Classroom Industry to devise effective growth strategies and facilitate better decision-making.
Virtual Classroom is basically an environment whereby participants can communicate, view, interact and engage in a discussion via web. Various businesses can leverage the use of virtual classroom to conduct long distance meetings and aid in strategic decisions and discussions. A virtual classroom engages both instructors and learners to participate in live classes in order to collaborate and interact across the globe. MOOC programs like Coursera are a great example of this concept in action. Online classes not enables to record the classes as it happens but also be able to access the content after the event. This recording can include presentations, audio and visuals. It gives an added advantage or benefit for the participants who did not fully understand the event for the first time by accessing it.Instructors can facilitate while learners can actively engage the material and interact with one another with the added convenience and cost saving that digital environment has to offer.
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increasing number of mobile learning applications, growing demand for cloud-based services across the globe, increasing digitalization initiatives across educational institutions in developing regions and growing telecommunication infrastructure are some of the drivers that are expected to boost the growth of Virtual Classroom market. Lower internet bandwidth in certain developing countries is expected to hinder the growth of Virtual Classroom market to a certain extent.
The global Virtual Classroom market can be segmented on the basis of component type, deployment type, application and region. On the basis of component type, the global Virtual Classroom market can be segmented into hardware, software and services. The services segment can be further broken down into consulting, integration, managed and maintenance and support services. On the basis of deployment type, the global Virtual Classroom market can be segmented into on-premise and cloud-based. On the basis of application, the global Virtual Classroom market can be segmented government, school & colleges, IT & telecommunication, professional services and healthcare. On the basis of region, the global Virtual Classroom market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. Currently North America accounts for the largest share of the global Virtual Classroom market and other regions such as Asia-pacific is anticipated to grow at a high CAGR during the forecast period.
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Some of the key players in the global Virtual Classroom market include BrainCert, SAP SE, Docebo, Saba Software, Skyprep, Oracle Corporation, Edvance360, Brainier, Bluevolt and Instructure.
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The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.
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Harnessing Emerging Business Opportunities through E-Passport
Xpodence Research has announced the addition of the "Global E-Passport Industry 2018 to 2025 Market Research Report: Market Size, and Forecasts" report to their offering.
E-Passport basically contains an electronic chip that has all of the information found on a traditional passport, as well as a biometric identifier. In order to prevent fraud activities and identity thefts, various law enforcement agencies have been working to invent new ways to combat these problems. With the advancement of biometrics sensors which are now commonly adopted across various platforms such as ATM cards, Personal computers (PCs) and currently smartphones. The same feature is being added to passports in order to enhance its security. It has various added benefits over traditional passports such as improved air security process, securely identify the traveler and with the aid of embedded chips within the e-passport that offers digital signatures which are unique thus detecting tamper of the information stored easier. On the component that make the e-passport secure is the public key infrastructure technology included in it which provides a variety of authentication solutions to keep e-record secure.
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Growing number of air passengers, declining cost of air fares, emergence of low-costmultimodal biometrics sensorsand durability and high-performance contactless capabilities are some of the factors that would drive the growth of global E-Passport Market. In addition to enhancement of security protocols through the implementation of e-passports by international security agencies and growing number of stringent regulationsare certain other factors to boost the e-passport market.High cost of initial deployment and integration of the system onto the legacy infrastructure are expected to hinder the growth of the E-Passport Market to the certain extent.
The global E-Passport Market can be segmented on the basis of type and region. On the basis of type, the global E-Passport Market can be segmented into hardware, software and services. The hardware segment can be further segmented into E-PASSPORT CHIP, biometrics sensors, Radio-frequency identification (RFID) and Public Key Infrastructure (PKI). In addition, the service segment can be further broken down into consulting, integration, managed and maintenance and support services.On the basis of region, the global E-Passport Market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America. In addition, North America and Europe E-Passport Market accounts for a larger share in the global market. In addition, Asia-pacific e-passport market is anticipated to grow at a high CAGR during the forecast period.
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Some of the key players in the global E-Passport Market include Gemalto, Giesecke & Devrient, Infineon Technologies, Safran Identity & Security, Oberthur Technologies, 4G Identity Solutions, ASK, CardLogic, DataCard, HID Global and IRIS, Mühlbauer among others.
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Benchmarking Successful Small Drones in Asia-Pacific
Xpodence Research updated data for competitive structure of the Global Small Drones Industry to devise effective growth strategies and facilitate better decision-making.
Small drones can be remotely operated to gather information with least human intervention and eliminating the need of human on board. Small drones are also employed in news bulletins, film production, and music videos for producing aerial videos. They are also used to inspect and investigate lands that are remotely located owing to their extended operational capacity. Small drones have gained increased acceptance from various manufacturers for the commercial application in the market over the past few years. Private agencies and government organizations have invested huge amounts in the production and development of innovative and efficient small drones for commercial and defense application, having advanced payloads and better endurance capabilities at a low cost. The market is fueled by factors such as rapid increase in commercial applications and improved operational efficiency. One of the restraining factors for the small drones market is the lack of skilled pilots and stringent airspace regulations for commercial use.
The global small drones are driven by the need of an enhanced military program for the national defence strategy. An excellent option to achieve this is by the use of unmanned systems for reconnaissance, information gathering, observation, and communication. This has boosted the growth of small drones market for military purposes. Other factors augmenting the growth of small drones market are reduced cost owing to the small size and technical advancements in the current products at a relatively lower price. Need for increased surveillance activities due to rising tension in the international borders is also expected to increase the demand for Small drones over the forecast period.
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The small drones market is classified on the basis of size, applications, payload, product type, and regions. By size, the small drones market is segmented into mini, micro and nano. By application, the small drones market is segmented into commercial and defense. By payload, the small drones market is segmented into Telemetry System, Sensor, Camera, NBC Detection, Videoscreen, and SAR. By product type, the small drones market is segmented into fixed wing and rotary wings. The nano drones market accounts for the major share in the small drones market. The use of small drones in a defence dominated the small drones market in the application.
The market for small drones is evaluated based on five regions namely North America, Europe, Asia-Pacific, Latin America and Middle East. Asia Pacific is responsible for a major share in the small drones market due to increased use of small drones in activities such as logistics, crop monitoring, reconnaissance, wildlife conservation and surveillance in developing countries such as India and China.
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Some key players in the military laser systems market are Lockheed Martin Corporation, Aerovironment Inc., Parrot SA, Elbit Systems, Ltd., 3D Robotics Inc., The Boeing Company, BAE Systems, Inc., Thales Group, SAAB AB, Textron Inc. The top players in the global small drones market have implemented the strategy of mergers and expansions to maintain their position in the market. Continuous research and development to provide new and better products in the market have helped to gain a major share in the small drones market.
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Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.
We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.
The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.
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Vision 2025 - The Future of Small Satellite Market Transformations and Growth Opportunities
Xpodence Research has announced the addition of the "Global Small Satellite Industry 2018 to 2025 Market Research Report: Market Size, and Forecasts" report to their offering.
Small satellites, also known as miniaturized satellites are satellites of small size and low mass generally below 500 kg. The main advantage offered by the small satellites is associated with the cost of launching the satellites and the low construction cost. Small satellites if used in more numbers prove more effective and economical as compared to the larger satellites used in fewer numbers. One of the technical restraints in the construction of small satellites is the absence of appropriate storage for power supply and propulsion system. The global small satellite market is analyzed to witness substantial growth over the forecast period. Technological advancements and a wide array of applications in various markets have attracted many commercial and government investments in small satellites. Small satellites are extensively used in navigation systems, crop monitoring, human migration, weather forecasts, ariel photography, earth observation and military purposes. Small satellites are also used for tactical communication, medium resolution imagery, technology development, geospace and atmospheric research.
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The small satellite market is driven by the increasing demand for satellite miniaturization across the globe. The increased focus on reducing the mission cost is anticipated to boost the global small satellite market over the forecast period. In addition to this, the huge investment in major key players in small satellite market is expected to augment the demand for small satellite over the forecast period. The lack of vehicles to launch the small satellites to space is projected to restrain the growth of small satellite market. In addition, the scientific and programmatic risk involved in small satellites is expected to hamper the growth of small satellite market in the recent years. The increased demand for big data is anticipated to bring in new opportunities for major players in small satellites market.
The small satellite market is bifurcated on the basis of type, end-use, and application. The market is segmented based on type as Nano satellite, micro satellite, and mini satellite. The small satellite market is segmented by end-use as commercial, civil and defense. The global small satellite market is bifurcated based on the application as communication, scientific research and exploration, mapping and navigating earth observation and meteorology, and surveillance and security.
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The market for small satellite is analyzed based on five regions namely North America, Europe, Asia-Pacific, Latin America and Middle East. North America dominated the small satellite market in the current year because of the increased demand from defense sector in this region. Asia-Pacific and Europe are also expected to contribute a significant share in the global small satellite market. Middle East is projected to witness moderate growth in the global small satellite market. Some key players in the small satellite market Sierra Nevada Corporation, SpaceX, Surrey Satellite technologies Ltd., ST Engineering Limited, Airbus Defense and space, Planet Labs, GeoOptics Inc., Northrop Grumman Corporation, and Oneweb Ltd. The major players in the global small satellite market have adopted the strategy of mergers and agreements so as to sustain their significant market share. This has helped the companies to extend their services to different regions.
About Us:
Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.
We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.
The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.
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