#Global System on Module Market Report

[shantitechnology]

Boosting Efficiency:  The Role of ERP Software in Modern Manufacturing Operations

In today's fast-paced manufacturing landscape, efficiency is not just a desirable trait; it's a necessity.  To stay competitive and meet the demands of the market, manufacturers must streamline their processes, optimize resource utilization, and enhance decision-making capabilities.  This is where Enterprise Resource Planning (ERP) software steps in as a game-changer.  In this article, we'll delve into the pivotal role of ERP systems in revolutionizing manufacturing operations, particularly in India's thriving industrial sector.

Understanding ERP for Manufacturing Industry

ERP systems for manufacturing are comprehensive software solutions designed to integrate and automate core business processes such as production planning, inventory management, supply chain logistics, financial management, and human resources.  By consolidating data and operations into a unified platform, ERP empowers manufacturers with real-time insights, facilitates collaboration across departments, and enables informed decision-making.

Streamlining Operations with ERP Solutions

In the dynamic environment of manufacturing, where every minute counts, efficiency gains translate directly into cost savings and competitive advantages.  ERP software for manufacturing offers a multitude of features that streamline operations and drive efficiency:

1.   Enhanced Production Planning:  ERP systems enable manufacturers to create accurate production schedules based on demand forecasts, resource availability, and production capacity.  By optimizing production timelines and minimizing idle time, manufacturers can fulfill orders promptly and reduce lead times.

2.   Inventory Management:  Efficient inventory management is crucial for balancing supply and demand while minimizing holding costs.  ERP software provides real-time visibility into inventory levels, automates reorder points, and facilitates inventory optimization to prevent stockouts and overstock situations.

3.   Supply Chain Optimization:  ERP solutions for manufacturing integrate supply chain processes from procurement to distribution, enabling seamless coordination with suppliers and distributors.  By optimizing procurement cycles, minimizing transportation costs, and reducing lead times, manufacturers can enhance supply chain resilience and responsiveness.

4.   Quality Control:  Maintaining product quality is paramount in manufacturing to uphold brand reputation and customer satisfaction.  ERP systems offer quality management modules that streamline inspection processes, track product defects, and facilitate corrective actions to ensure adherence to quality standards.

5.   Financial Management:  Effective financial management is essential for sustaining manufacturing operations and driving profitability.  ERP software provides robust accounting modules that automate financial transactions, streamline budgeting and forecasting, and generate comprehensive financial reports for informed decision-making.

6.   Human Resource Management:  People are the cornerstone of manufacturing operations, and managing workforce efficiently is critical for productivity and employee satisfaction.  ERP systems for manufacturing include HR modules that automate payroll processing, manage employee records, and facilitate workforce planning to align staffing levels with production demands.

The Advantages of ERP for Manufacturing Companies in India

India's manufacturing sector is undergoing rapid transformation, fueled by factors such as government initiatives like "Make in India," technological advancements, and globalization.  In this dynamic landscape, ERP software plays a pivotal role in empowering manufacturing companies to thrive and remain competitive:

1.   Scalability:  ERP solutions for manufacturing are scalable, making them suitable for companies of all sizes – from small and medium enterprises (SMEs) to large conglomerates.  Whether a company is expanding its operations or diversifying its product portfolio, ERP systems can adapt to evolving business needs and support growth.

2.   Compliance:  Regulatory compliance is a significant concern for manufacturing companies in India, given the complex regulatory environment.  ERP software incorporates compliance features that ensure adherence to industry regulations, tax laws, and reporting requirements, minimizing the risk of non-compliance penalties.

3.   Localization:  ERP vendors catering to the Indian manufacturing sector offer localized solutions tailored to the unique requirements of the Indian market.  From multi-currency support to GST compliance features, these ERP systems are equipped with functionalities that address the specific challenges faced by Indian manufacturers.

4.   Cost Efficiency:  Implementing ERP software for manufacturing entails upfront investment, but the long-term benefits far outweigh the costs.  By streamlining processes, optimizing resource utilization, and reducing operational inefficiencies, ERP systems drive cost savings and improve overall profitability.

5.   Competitive Edge:  In a fiercely competitive market, manufacturing companies in India must differentiate themselves through operational excellence and agility.  ERP software equips companies with the tools and insights needed to outperform competitors, adapt to market dynamics, and capitalize on emerging opportunities.

Choosing the Right ERP Software for Manufacturing

Selecting the right ERP solution is crucial for maximizing the benefits and ensuring a smooth implementation process.  When evaluating ERP software for manufacturing, companies should consider the following factors:

1.   Industry-specific functionality:  Choose an ERP system that offers industry-specific features and functionalities tailored to the unique requirements of manufacturing operations.

2.   Scalability and flexibility:  Ensure that the ERP software can scale with your business and accommodate future growth and expansion.

3.   Ease of integration:  Look for ERP systems that seamlessly integrate with existing software applications, such as CRM systems, MES solutions, and IoT devices, to create a cohesive technology ecosystem.

4.   User-friendliness:  A user-friendly interface and intuitive navigation are essential for ensuring widespread adoption and maximizing user productivity.

5.   Vendor support and expertise:  Select a reputable ERP vendor with a proven track record of success in the manufacturing industry and robust customer support services.

Conclusion

In conclusion, ERP software has emerged as a cornerstone of modern manufacturing operations, empowering companies to enhance efficiency, drive growth, and maintain a competitive edge in the global market.  For manufacturing companies in India, where agility, scalability, and compliance are paramount, implementing the right ERP solution can be a transformative investment that paves the way for sustainable success.  By harnessing the power of ERP, manufacturers can optimize processes, streamline operations, and unlock new opportunities for innovation and growth in the dynamic landscape of the manufacturing industry.

[spookysaladchaos]

Global top 13 companies accounted for 66% of Total Frozen Spring Roll market(qyresearch, 2021)

The table below details the Discrete Manufacturing ERP revenue and market share of major players, from 2016 to 2021. The data for 2021 is an estimate, based on the historical figures and the data we interviewed this year.

Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research includes the research of the annual financial reports of the top companies; while primary research includes extensive interviews of key opinion leaders and industry experts such as experienced front-line staffs, directors, CEOs and marketing executives. The percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

According to the new market research report “Global Discrete Manufacturing ERP Market Report 2023-2029”, published by QYResearch, the global Discrete Manufacturing ERP market size is projected to reach USD 9.78 billion by 2029, at a CAGR of 10.6% during the forecast period.

Figure.   Global Frozen Spring Roll Market Size (US$ Mn), 2018-2029

Figure.   Global Frozen Spring Roll Top 13 Players Ranking and Market Share（Based on data of 2021, Continually updated）

The global key manufacturers of Discrete Manufacturing ERP include Visibility, Global Shop Solutions, SYSPRO, ECi Software Solutions, abas Software AG, IFS AB, QAD Inc, Infor, abas Software AG, ECi Software Solutions, etc. In 2021, the global top five players had a share approximately 66.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

[brandulox]

Forget Samsung: Xiaomi 14 Series Ready to Dethrone Galaxy S24 as King of Android

The Xiaomi 14 series has been officially unveiled in China, and it looks like it will be the Android flagship series to beat in 2023. The new Xiaomi 14 and Xiaomi 14 Pro come with improvements across the board, including bright displays, the latest Snapdragon 8 Gen 3 chipset, upgraded cameras, super-fast charging, and a titanium frame option for the Pro model. While we wait to get the Xiaomi 14 and Xiaomi 14 Pro in for full reviews, here is a preview of the key specs and features to expect from Xiaomi's latest flagships. We'll update this preview once we have the devices in hand and can provide more details from our hands-on testing. Xiaomi 14 Series Key Specs Xiaomi 14Xiaomi 14 ProSize, Weight152.8 x 71.5 x 8.2 mm, 188 g161.4 x 75.3 x 8.5 mm, 223 gDisplay6.36" OLED, 120Hz, 3,000 nits6.7" OLED, 120Hz, 3,000 nitsProcessorSnapdragon 8 Gen 3Snapdragon 8 Gen 3RAM, Storage8/256GB, 12/256GB, 12/512GB, 16/1TB LPDDR5X12/256GB, 16/512GB, 16/1TB LPDDR5XCameras50MP main (f/1.6), 50MP ultra-wide f/2.2, 50MP 3.2X telephoto f/2.0, 32MP front50MP main (f/1.42-4.0), 50MP ultra-wide f/2.2, 50MP 3.2X telephoto f/2.0, 32MP frontBattery4,610 mAh4,880 mAhCharging90W wired, 50W wireless120W wired, 50W wireless The highlights include the latest Snapdragon 8 Gen 3 chip, fast LPDDR5X RAM, bright 3,000 nit displays, and extremely fast charging speeds. The Pro model also introduces a variable aperture main camera and titanium frame option. We'll need to thoroughly test out these phones to see how all these specs translate to real-world performance and experience. Stay tuned for our full reviews! Xiaomi 14 Series Design The Xiaomi 14 series retains the premium design identity of the previous generation, with curved displays and backs, rectangular camera modules, and slim profiles. The Pro model introduces an eye-catching new titanium frame option. Both phones also utilize Xiaomi's new proprietary Ceramic Glass material on the front and back for added durability.

Xiaomi 14 Pro Color options include: - Xiaomi 14: Jade Green, Black, White, Pink - Xiaomi 14 Pro: Titanium, Black, White, Green

Xiaomi 14 Xiaomi 14 Series Cameras The Leica-tuned cameras on the Xiaomi 14 series bring some exciting upgrades. The main 50MP sensor on the Pro model features a variable f/1.4-f/4.0 aperture for more flexibility. The new 50MP ultrawide camera promises improved quality. The telephoto camera uses a floating lens element for better edge-to-edge sharpness. New AI tricks like eye tracking autofocus and Night OIS should also help boost photography. We look forward to putting these new camera systems through their paces.

Xiaomi 14 Series Software The latest Xiaomi 14 series introduces an exciting shift from MIUI to the new HyperOS. Running on Android 14 out of the box, HyperOS promises an improved user experience focused on four key areas: performance optimization, seamless connectivity, predictive intelligence, and robust security. While full details on HyperOS are yet to come, early reports suggest substantial AI and on-device neural processing. This enables advanced contextual awareness and personalization. Software support remains unconfirmed, but if last year's models are any indication, the Xiaomi 14 line should receive major OS updates for at least four years. Xiaomi 14 Series Availability The Xiaomi 14 and 14 Pro launched first in China, but global availability typically follows a couple months later. Pricing is also usually a bit lower for global markets. We expect the Xiaomi 14 series to compete head-to-head with the Galaxy S23 series in many regions later this year. The Xiaomi 14 in particular looks like excellent value if they can hit a competitive price point. In summary, the Xiaomi 14 and 14 Pro bring some exciting upgrades and look very promising on paper. We can't wait to get them in hand for full reviews. They have a good chance of being the top Android flagships of 2023 if their real-world performance lives up to the hype. Stay tuned for our detailed analysis. Read the full article

[govindhtech]

The 2022 DRAM Module Supplier of the Year is Kingston Technology

Kingston Technology created 2022 DRAM Module Supplier of the Year

Commanding the Market: Kingston’s Unassailable 78.12% Market Share

In a resounding affirmation of its industry prowess, Kingston Technology Company, Inc.’s affiliate stands tall as the paramount third-party DRAM module supplier for 2022. The latest revenue-based rankings by TrendForce unequivocally place Kingston at the zenith, boasting an astounding 78.12% market share, with a revenue totaling $13.5 billion USD. This achievement not only cements Kingston’s top-tier status but also marks an unparalleled 20-year reign as a recognized world leader.

A Decades-Long Reign: 20 Years at the Pinnacle

The enduring success of Kingston Technology is underscored by its two-decade-long dominance in the DRAM module sector. The company’s unbroken streak at the forefront speaks volumes about its unwavering commitment to excellence and innovation.

TrendForce Report: A Global Recognition of Kingston’s Supremacy

The accolades bestowed upon Kingston in the TrendForce report are a testament to its resilient performance in the face of a challenging market. Despite a 4.6% year-over-year decline in DRAM module sales industry-wide, Kingston’s revenue experienced a marginal dip while solidifying its position as the global leader.

The Power of Brand Scale: Kingston’s Robust Strategy

Consumer buying trends for electronic products encountered headwinds from high inflation, impacting several market players. However, Kingston’s robust brand scale and a comprehensive product supply chain acted as a shield, mitigating the decline and preserving its preeminence in market share rankings.

Market Landscape: Kingston’s Commanding Presence

The report reveals that the top five memory module houses globally accounted for a staggering 90% of total sales in 2022. Kingston, with its dominant market share of 78.12%, emerges as the indisputable leader. The chart below, sourced from TrendForce, outlines the rankings of the top 10 DRAM module suppliers in 2022.

Innovation Beyond Boundaries: Kingston’s Product Evolution

In 2022, Kingston’s award-winning Kingston FURY Beast DDR5 and Renegade DDR5 memory modules underwent a transformative redesign. The introduction of white heat spreaders offers users the freedom to choose the color that best aligns with their individual style. In an era where system aesthetics matter, Kingston provides modules that complement both traditional all-black systems and the burgeoning trend of all-white PCs.

Insights from Kingston: Navigating a Demanding Business Landscape

Iwona Zalewska, DRAM Business Manager at Kingston, EMEA, reflects on the 2022 findings from TrendForce. “The findings not only highlight Kingston’s ongoing expansion and adaptability but also underscore our resilience and significance within the industry,” she remarks. “Maintaining our top position for the 20th consecutive year is a testament to our enduring dominance.”

About Kingston Technology Europe Co LLP

Kingston Technology Europe Co LLP, alongside Kingston Technology Company, Inc., operates within the same corporate group. Kingston stands as the world’s largest independent manufacturer of memory products. From big data solutions to laptops, PCs, and IoT-based devices like smart and wearable technology, Kingston plays a pivotal role in delivering the technology that shapes our daily lives. The world’s foremost PC manufacturers and cloud-hosting companies rely on Kingston for their manufacturing needs, showcasing the trust placed in Kingston’s passion-fueled technology.

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[quickensol]

Exploring the Top ERP Providers in India: Streamlining Business Operations

In today's fast-paced business environment, effective management of resources, streamlined processes, and data-driven decision-making is critical for sustainable growth. Enterprise Resource Planning (ERP) systems have emerged as powerful tools that integrate key business functions, enabling seamless collaboration and boosting overall productivity. India, with its vibrant business landscape, hosts a multitude of ERP providers offering comprehensive solutions. In this blog, we will delve into the top 11 ERP providers in India, exploring their key offerings, strengths, and how they empower businesses to achieve their goals.

Here Is The Top 11 ERP Providers

SAP India :

SAP, a global leader in enterprise software, has established itself as a frontrunner in the Indian ERP market. Renowned for its comprehensive suite of ERP solutions tailored for diverse industries, SAP offers modules covering finance, supply chain, human resources, customer relationship management, and more. With a strong focus on scalability, robustness, and the ability to handle complex business processes, SAP India provides reliable support, extensive training resources, and regular updates to help businesses stay ahead.

Oracle India :

Oracle, a prominent ERP provider, delivers integrated applications designed to streamline business operations. With modules spanning finance, procurement, manufacturing, sales, and customer service, Oracle ERP solutions cater to organizations of all sizes and industries. Its strength lies in handling large-scale enterprises, complex supply chains, and global operations. Oracle India boasts a robust customer base and offers comprehensive support, training, and implementation services to ensure successful ERP adoption.

Microsoft Dynamics 365 :

Microsoft Dynamics 365 is a popular ERP provider offering a unified platform for finance, operations, sales, and customer service. With a user-friendly interface and seamless integration with other Microsoft products, Dynamics 365 simplifies processes and empowers businesses to make data-driven decisions. Its cloud-based nature allows scalability, flexibility, and easy accessibility. Microsoft provides extensive support, regular updates, and a vibrant user community, making the implementation and maintenance of Dynamics 365 a smooth experience

Quickensol it solutions QuickenSol IT Solutions emerges as a reliable ERP service provider, offering comprehensive solutions tailored to meet diverse business needs.QuickenSol IT Solutions empowers organizations through its robust ERP services, innovative technologies, and customer-centric approach. From seamless integration to enhanced data visibility, QuickenSol IT Solutions is dedicated to helping businesses achieve their growth objectives and stay ahead in a competitive market. quickensol offers a module covering finance, education, real estate, agriculture, laboratory, e-commerce, healthcare, insurance, logistics, construction industry, project management, and manufacturing. Quickensol offers strong customer support, an extensive knowledge base, and regular feature updates, making it a popular choice for Indian organizations seeking a reliable ERP solution.

Tally Solutions: Tally Solutions has earned the trust of small and medium-sized businesses (SMBs) in India. Their ERP software focuses on accounting and inventory management, enabling organizations to handle financial transactions, track inventory, and generate accurate reports. Tally's user-friendly interface, affordability, and localization capabilities have made it a preferred choice for Indian businesses. Tally offers comprehensive training, robust support, and regular software updates to ensure effective financial management for SMBs.

Zoho ERP :

Zoho, a prominent player in the business software market, provides a comprehensive suite of applications, including ERP solutions. Zoho ERP covers finance, inventory management, CRM, HR, and more. Known for its affordability, ease of use, and customization options, Zoho ERP caters to businesses of all sizes. The cloud-based nature of Zoho ERP allows for seamless data access, collaboration, and integration across departments. Zoho offers strong customer support, an extensive knowledge base, and regular feature updates, making it a popular choice for Indian organizations seeking a reliable ERP solution.

Ramco Systems :

Based in Chennai, Ramco Systems is an Indian ERP provider renowned for its cloud-based ERP software. Ramco offers modules for finance, HR, supply chain, manufacturing, and more, targeting various industry verticals. Their ERP solutions emphasize mobility, automation, and analytics, enabling businesses to make informed decisions and achieve operational excellence. Ramco provides comprehensive support, an easy implementation process, and regular software updates, ensuring a smooth ERP experience for organizations.

Infor India :

Infor, a global provider of industry-specific ERP solutions has a strong presence in the Indian market. Infor India offers comprehensive ERP modules tailored to specific industry verticals such as manufacturing, healthcare, hospitality, and more. Their solutions focus on process efficiency, supply chain optimization, and customer engagement. With an intuitive interface and robust functionality, Infor ERP empowers businesses to drive growth, enhance productivity, and respond swiftly to market demands.

Epicor India :

Epicor is a renowned ERP provider offering industry-specific solutions designed to meet the unique needs of organizations. Epicor India's ERP modules cater to manufacturing, distribution, retail, and services sectors. Their solutions enable businesses to streamline operations, improve customer experiences, and gain actionable insights through advanced analytics. With a strong focus on automation, scalability, and digital transformation, Epicor empowers Indian businesses to compete effectively in a rapidly evolving market.

IFS India :

IFS, a global leader in ERP software, serves businesses across various industries in India. IFS India's ERP solutions encompass modules for enterprise asset management, field service management, manufacturing, and more. The company emphasizes functionality, flexibility, and usability to ensure seamless adoption and improved operational efficiency. With their customer-centric approach and industry-specific expertise, IFS empowers organizations to optimize processes, enhance productivity, and achieve growth objectives.

Sage India :

Sage is a leading provider of ERP solutions, offering modules for finance, accounting, inventory management, and more. Sage India's ERP software caters to small and medium-sized businesses, providing them with robust tools to manage core business functions effectively. With a focus on simplicity, customization, and scalability, Sage empowers organizations to streamline operations, gain better financial visibility, and make informed decisions. Sage's commitment to customer support and continuous innovation has earned them a strong reputation in the Indian market.

Conclusion :

Selecting the right ERP provider is a crucial decision for any organization aiming to streamline operations and drive growth. The top 11 ERP providers in India, such as SAP India, Oracle India, Microsoft Dynamics 365, Quickensol IT Solution, Tally Solutions, Zoho ERP, Ramco Systems, Infor India, Epicor India, IFS India, and Sage India, offer diverse ERP solutions tailored to meet specific industry requirements. These providers empower businesses with advanced features, scalability, robust support, and seamless integration, enabling them to optimize processes, make data-driven decisions, and achieve their growth objectives. Careful evaluation of business needs, industry focus, and the unique capabilities of these ERP providers is essential to select the best fit for organizational success.

[strangemusictriumph]

Fingerprint Sensor Market - Forecast (2022 - 2027)

The rising need of multi-factor authentication method across consumer electronics, banking and financial sectors is set to grow the fingerprint sensor that was already valued to be $4.68 billion in 2018 and is expected to grow at a CAGR of 14% during forecast period 2019-2025. Factors such as the proliferation of fingerprint sensors in smartphones and other consumer electronics, government support for the adoption of fingerprint sensors in BFSI industry, and the use of biometrics in mobile commerce are driving the growth of the market. The adoption of fingerprint protection by smartphones to secure stored data and the essential bank options such as OTP and mobile banking applications are expected to fuel the fingerprint sensor market. According to the statics provided by TrendForce, growth in the share of smartphone shipments incorporated with fingerprint sensor increased from 29% in 2015 to 60% in 2018, which is likely to augment the fingerprint sensor market further during the forecast period. 

On the other hand, increasing support from the government for the adoption of fingerprint sensors, along with use of biometrics in BFSI, and law enforcement sectors has been driving the fingerprint sensor market. The fingerprint devices in BFSI will help in authenticated transaction with fingerprint to prevent fraud that will lead the growth of fingerprint sensor market. 

In fingerprint sensors market below developments would make dynamical changes, which in turn, will augment the market in terms of revenue: 

A Swedish fingerprint sensor company, Fingerprint Cards AB, shipped one billion fingerprint sensors worldwide in Q1 2019. Going forward, the company is estimated to reach 2 billion of sensors shipment globally by the end of 2019, which will show significant growth in overall fingerprint sensor market. 

The development in mobile fingerprint devices by Metropolitan Police Service can scan suspect fingerprints and returns any match to police databases within 60 seconds that is one of the emerging innovation for law enforcement. 

These developments and innovations are expected to grow the of fingerprint sensor market globally. 

Fingerprint Sensor Market Report Coverage

The report: “Fingerprint Sensor – Forecast (2019-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Fingerprint Sensor Market.

By Type: Area, Touch, Swipe, Fingerprint Sensor Modules

By Technology: Capacitive Sensor, Optical Sensor, Thermal Sensor, Pressure Sensor, RF Sensor, Ultrasonic Sensor, Others

By Application: Desktop, Laptop, Smartphones, Wearable Devices, Tablets, Gaming Consoles, Notebooks, Security & Alarm Solutions, Government & Law Enforcement, Others.

By Industry: Defense, Retail, Education, Healthcare, BFSI, Government, Commercial, Manufacturing/Industrial, Telecommunication, Travel & Immigration, Others

By Geography: North America, South America, Europe, Asia-Pacific, RoW 

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Key Takeaways

The major driving factor in the fingerprint sensor market is the increasing demand of smartphones with high-end technologies and fingerprint specifications, which are likely to grow the fingerprint sensor market during the forecast period.

The BFSI sector in the fingerprint sensor market is expected to grow at a CAGR of 19% during the forecast period. The increased need for multi-factor authentication systems in banking is being more prominent and increasing the demand for fingerprint sensors within this application.

APAC holds the largest market for the fingerprint sensors market accounting to around 34% of the global market share owing to the increased demand for consumer electronics such as smartphones, and wearable devices and so on, which are installed with fingerprint sensors.  Moreover, the BFSI sector will be showing significant growth in the adoption of fingerprint to prevent the fraud cases.

Fingerprint Sensor Market Segment Analysis - By Technology

The capacitive and optical sensor technology are the most common type of fingerprint scanner, being used nowadays. The market is expanding significantly owing to increasing demand for secure consumer electronics and an overall need for rigid security. 

Apart from that, the optical fingerprint scanner is now being used in most cost-effective hardware these days. These sensor are gaining prominence due to increasing popularity of in-display fingerprint sensors. Essential technology such as optical sensors has the viability to work efficiently with smartphones and provide multi-factor authentication systems in mobile banking ecosystem, which is likely to grow the fingerprint sensor market positively. 

In 2019, a biometrics company Fingerprint Cards AB, introduced its FPC1610 sensor prototype using optical in-display fingerprint sensor for smartphones. These developments will show significant growth for in-display optical fingerprint sensors in the market.

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Fingerprint Sensor Market Segment Analysis - By Industry

The BFSI industry in fingerprint sensor market is expected to grow with the fastest CAGR of 19% during the forecast period. The banks are extensively working on payments cards with in-built fingerprint sensors, in order to end the need of PINs to make payments much secure. This will allow the most secure authentication mechanism for account holders.  

Moreover, the government support for the adoption of fingerprint sensors owing to keep the security for unique identification and verification of individuals in e-Governance applications are expected to propel the growth of the fingerprint sensor market.

On the other hand, consumer electronics is one of the major market for fingerprint sensors. Various biometric incorporated devices such as smartphones, tablets, gaming consoles, and notebooks are expected to fuel the fingerprint sensor market.  The growing trend of bezel-less screens feature, using OLED display, in smartphones has led the manufacturers to develop high-end in-display fingerprint sensors technology that occupy less space. This in-display fingerprint sensors will be incorporated in OLED displays using optical or ultra-sonic sensor technology.   Hence, the adoption of in-display fingerprint sensors is expected to fuel the demand for ultrasonic and optical in-display fingerprint sensors, which is rising at the rate of 14% in 2019. 

Fingerprint Sensor Market Segment Analysis - By Geography

The Asia Pacific region is the largest revenue contributor for the fingerprint sensors market, with a share of 34% in 2018. The rising adoption in mobile banking applications, collaborative innovations, updating smart devices, and, of course, security concerns in this region has resulted in increased demand for fingerprint sensors in this region. 

Moreover, the demand for fingerprint technology in China has grown tremendously, especially in the consumer electronics, commercial, healthcare, government and banking sectors owing to protect the data from threats. Based on the statics of Statista, the consumer electronics user penetration in China is expected to hit from 23.4% in 2019 to 35.3% in 2023. Following this current market trend, numerous consumers are willing to transact using smart devices that integrate biometric identification systems for providing more security during transactions. 

Recently in March 2019, NEXT Biometrics, a Norwegian fingerprint sensors company, signed an agreement with an Asian smart card manufacturer in order to launch contact-based and dual interface biometric smart cards in the Asia Pacific region. This will lead to increased demand for fingerprint sensors technology in coming years. 

Similarly, in India, the increasing use of smartphones and other consumer appliances are witnessing a huge growth in terms of revenue. The smartphone penetration rate in India is expected to reach from 2018 in 26% to 36.2% in 2022. Thus, the growth in smartphones will significantly grow the fingerprint sensor market in this region. On the other hand, the government initiatives such as UIDAI for unique identification for individual citizen that is registered with fingerprint is expected to propel the growth of fingerprint market. Similar initiatives are being taken by other governments around the world, eventually leading to increasing demand of fingerprint sensors in the near future.

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Fingerprint Sensor Market Drivers 

Major adoption of Biometrics in Law Enforcement and Government Applications:

Within law enforcement, biometrics authentication is playing a key role in providing criminal ID solutions such as Automated Fingerprint Identification Systems (AFIS). This solution enables law enforcement agencies to identify and store data of the criminals. Moreover, unique identification initiatives taken by government, eventually driving the need of fingerprint sensors across all the application in a country.

Emergence of fingerprint sensors enabled smartphones: 

Smartphones have increased penetration of in-display fingerprint sensing technology. Most smartphone manufacturers such as Samsung, Vivo, Huawei and Xiaomi are launching models that are integrated with fingerprint sensors. According to the Global Systems for Mobile Communications (GSMA), there were a total number of 5 billion mobile users at the end of 2017, and the production of mobile phones will grow at a CAGR of 2.1% during the forecast period of 2017 to 2025, and is expected to reach 5.9 billion in 2025. Thus, increasing demand for smartphones with advanced sensing technologies will create enhanced opportunities for the fingerprint sensors market.

Fingerprint Sensor Market Challenges

Integration of biometrics in to the devices is increasing the competition for fingerprint devices

The ability of biometrics is to access the biological parameters such as iris/retina, voice, pulse, DNA, and vein, provide the advance level of security. Since every individual possesses unique physiological features, which can’t be easily swapped, shared, or stolen. In biometrics, the recognition accuracy, integration and resetting ability is not working effectively, which are causing fall in the biometrics usage. Hence, the development in fingerprint sensor to make the module compact, thin, and easy to integrate with better recognition accuracy can reduce the use of other biometrics. 

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Market Landscape

Partnerships and acquisitions along with product development and up-gradation are the key strategies of the top players in the Fingerprint Sensors Market. The major players in the Fingerprint Sensor include Apple, Goodix, Egis Technology, Fingerprint Cards, Synaptics, IDEMIA, NEXT Biometrics, Anviz Global, IDEX ASA and Gemalto among others.

Partnerships/Mergers/Acquisitions

In March 2019, Gemalto acquired Green Bit to offer biometric scanners as part of complete automated fingerprint identification system (AFIS). This deal have been done by noticing an increase use of biometric scanners by governments for identity management purposes.

In May 2019, NEXT Biometrics and Newland entered into a supply agreement with Fujian Newland Payment Technology Co., Ltd. to provide an integration of different types of NEXT Biometrics' high-quality, large-area fingerprint sensors on a global scale.

In September 2018, HID Global, a leader in trusted identity solutions, announced that it acquired Crossmatch, a leader in biometric identity management and secure authentication solutions. Under this acquisition, Crossmatch’s biometric identity management hardware and software will complement HID’s broad portfolio to make major providers of fingerprint biometric technologies.

R&D Investments/Funding

In April 2019, Wales-based fingerprint biometrics startup Touch Biometrix has received $2.2m in VC Funding. The firm claims it will help boost the further growth of its fingerprint sensor technology. The solution price will be less than $1 per sensor and the manufacturing will continue to being by 2020.

In June 2018, Valencell captured $10.5M in Series E financing led by Sonion. The startup intends to use the financing to grow its technology and team of biometric sensors. 

Fingerprint Sensor Market Research Scope: 

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Fingerprint Sensor Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the type, technology, application, industry and geography analysis of Fingerprint Sensors Market.

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[shantitechnology]

Top 10 ERP Software for Engineering Industry

In the contemporary and dynamic commercial environment, the engineering sector in India is confronted with a diverse range of obstacles, including intense competition, increasing client expectations, intricate project administration, and resource allocation optimisation.  In the contemporary era of technology, the utilisation of Enterprise Resource Planning (ERP) software has become an essential and irreplaceable instrument for engineering firms aiming to optimise their operational processes, improve productivity, and foster long-term and sustainable expansion.  Boost your engineering company's efficiency with cutting-edge ERP software – STERP software offered by STERP (Shanti Technology) – one of the most trusted firms offering ERP software for engineering companies in Mumbai.  Take the first step towards success today with STERP!

This blog article offers a comprehensive examination of the ten leading enterprise resource planning (ERP) software packages specifically designed to cater to the distinct requirements of the engineering sector in India.  The aim is to assist organisations in making well-informed choices that will contribute to their future success.

·         STERP Software:

STERP Software is a cutting-edge ERP solution offering an array of features to streamline business operations.  It excels in location tracking, task management, and mobile user visit reports.  Additionally, it enables seamless tracking of finished goods progress and efficient document management.  ISO audit reports and vendor ratings ensure compliance and supplier assessment.  The dynamic dashboard provides real-time insights, while multi-currency support facilitates global transactions. 

The export documents feature simplifies international trade, and auto-email & SMS integration enhances communication.  Quotation lost analysis ratio aids in optimizing sales strategies.  Depreciation calculation and auto JV streamline accounting.  Moreover, it's Android & iOS mobile app enables easy on-the-go access, including component process tracking.

·         Tally.ERP 9:

Tally.ERP 9 is a highly renowned and extensively utilised enterprise resource planning (ERP) software in India, serving a diverse range of businesses, including engineering enterprises, irrespective of their scale or magnitude.  Tally.ERP 9 offers comprehensive financial management, inventory control, and taxation modules that enable engineering organisations to adhere to Indian accounting rules and effectively handle financial data management.

·         Oracle NetSuite:

Oracle NetSuite is a cloud-based enterprise resource planning (ERP) software that offers a cohesive platform, encompassing ERP, customer relationship management (CRM), and electronic commerce (eCommerce) capabilities.  The software's adaptability and capacity to accommodate the needs of engineering businesses of varying sizes in India allow for the optimisation of operations and the acquisition of significant knowledge regarding their business procedures.

·         Microsoft Dynamics 365 ERP:

Microsoft Dynamics 365 is a multifaceted enterprise resource planning (ERP) solution that encompasses several functionalities like financial management, supply chain operations, and project accounting.  By incorporating localization capabilities specifically designed for India, the software enables engineering organisations to effectively streamline their processes, adhere to regulatory standards, and improve overall client satisfaction.

·         Ramco ERP:

The Ramco ERP system has been specifically developed to cater to the distinct needs and demands of the engineering sector within the Indian market.  The inclusion of modules pertaining to project management, asset management, and production planning facilitates the attainment of operational excellence and the stimulation of growth within engineering enterprises. 

Empower your engineering firm with advanced ERP tools offered by STERP – one of the renowned ERP solution providers in Mumbai.  Get a free consultation to discover how!

·         EPPS ERP:

The EPPS ERP is a software solution originating from India that has been specifically designed to cater to the needs of the engineering industry.  The EPPS ERP system offers a comprehensive range of modules that encompass several aspects of project management, including project planning, procurement, and quality control.  By leveraging these modules, firms can effectively streamline their project management processes while upholding stringent quality standards.

·         Marg ERP 9+:

Marg ERP 9+ is widely favoured among small and medium-sized engineering enterprises in India.  The programme provides a wide range of capabilities, encompassing inventory management, order processing, and adherence to GST legislation, so facilitating operational efficiency and ensuring compliance with local legal requirements for enterprises.

·         Infor CloudSuite Industrial (SyteLine):

Infor CloudSuite Industrial, previously recognised as SyteLine, is a comprehensive enterprise resource planning (ERP) solution that specifically caters to the needs of process manufacturing and job shop industries.  Its suitability for engineering firms in India lies in its ability to effectively manage different production requirements.

·         Focus i:

Focus i is an ERP software that has been designed in India specifically to address the distinct requirements of the engineering industry in the country.  Focus i is a software solution that offers several functionalities, including project management, production planning, and HR management.  This comprehensive suite of tools enables engineering organisations to enhance their operational efficiency and financial performance.

Optimize your engineering projects and increase profitability.  Get ERP solutions offered by top ERP for manufacturing company in Mumbai – STERP (Shanti Technology).

·         Reach ERP:

Reach ERP is a nascent participant in the Indian enterprise resource planning (ERP) industry, specifically tailored to cater to the needs of small and medium-sized engineering enterprises.  The cloud-based design of this system, in conjunction with its various capabilities such as inventory control, order management, and financial accounting, facilitates efficient operational administration for organisations.

Final Thoughts:

The pursuit of efficiency, innovation, and sustainable growth holds significant importance in India's engineering business.  The adoption of digital transformation within the industry has led to the recognition of ERP software as a crucial facilitator.  This software plays a significant role in assisting engineering companies in optimising their operations, enhancing the efficient allocation of resources, and ultimately improving customer satisfaction.  The aforementioned list comprises the top 10 enterprise resource planning (ERP) software systems that are tailored to address the unique requirements of the engineering sector in India.  These software solutions offer a wide range of comprehensive features and functionalities, specifically designed to effectively address the many difficulties and opportunities prevalent in the market.

When making a decision on the choice of an Enterprise Resource Planning (ERP) system, engineering businesses should take into account many variables like scalability, localization capabilities, simplicity of integration, and vendor support.  Gain a competitive edge in Mumbai's engineering sector - Implement effective ERP solution offered by STERP (Shanti Technology) – one of the distinct ERP software providers in Mumbai!  The use of Enterprise Resource Planning (ERP) technology represents a strategic decision that holds the potential to bring about dramatic changes within the engineering industry in India.

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Global Cell Signaling Market Size, Share, Segmentations and Forecast 2032 by Industry Key Players, Solutions and Deployment Types

The global cell signaling market is expected to experience significant growth over the coming decade, with market size forecast to expand from USD 5.1 billion in 2023 to USD 9.4 billion by 2032. This growth represents a compound annual growth rate (CAGR) of 7.1% from 2024 to 2032, driven by advancements in biotechnology, pharmaceuticals, and the growing demand for targeted therapies in cancer and chronic diseases.

Cell signaling refers to the complex system of communication that governs basic cellular activities and coordinates cell actions. It is a critical process in maintaining homeostasis, as well as in the development of diseases. This intricate communication system is central to understanding a wide range of physiological processes and pathologies, including cancer, immunology, and neurobiology.

Key Market Drivers

Rising Prevalence of Chronic Diseases: One of the primary drivers of growth in the cell signaling market is the increasing prevalence of chronic diseases such as cancer, cardiovascular diseases, diabetes, and neurodegenerative disorders. These diseases often result from disrupted or abnormal cell signaling pathways. Consequently, there is a growing demand for research into targeted therapies that can precisely modulate these signaling pathways to treat such conditions. The development of drugs that act on specific signaling molecules has become a major area of focus in the pharmaceutical industry, driving market expansion.

Technological Advancements in Molecular Biology: Rapid advancements in molecular biology and biotechnology have led to breakthroughs in understanding cell signaling pathways. Technologies such as CRISPR gene editing, high-throughput screening, and next-generation sequencing are enabling researchers to study signaling networks at unprecedented levels of detail. These innovations have spurred the development of new diagnostic tools and therapeutic approaches aimed at modulating cell signaling in disease states.

Increasing Focus on Personalized Medicine: The shift toward personalized medicine, where treatments are tailored to an individual’s genetic makeup and specific cellular processes, is another major factor propelling the growth of the cell signaling market. By gaining a better understanding of an individual’s cell signaling pathways, healthcare providers can develop more effective and less toxic treatment plans, particularly for complex conditions like cancer. Personalized medicine is revolutionizing healthcare, and cell signaling research is at the heart of these innovations.

Investment in Cancer Research: Cell signaling research plays a critical role in oncology, as cancer is often driven by mutations in signaling pathways that control cell growth, division, and death. The market is benefiting from substantial investments in cancer research, with a focus on discovering and developing novel therapies that target specific signaling molecules or pathways involved in tumor progression. The introduction of targeted therapies, such as tyrosine kinase inhibitors and immunotherapies, has already transformed cancer treatment and continues to drive growth in this sector.

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Challenges and Opportunities

While the cell signaling market shows great potential, there are challenges that may affect growth. The complexity of cell signaling pathways, the high cost of research, and the time required to develop effective therapies can be significant barriers to market entry. Additionally, regulatory hurdles for new therapies targeting cell signaling molecules can slow down the approval process.

However, these challenges present opportunities for further innovation. Continued research into unexplored signaling pathways and the application of cutting-edge technologies like artificial intelligence (AI) in drug discovery are expected to drive new developments. AI and machine learning are already being used to predict signaling pathway interactions and optimize drug candidates, streamlining the drug development process and reducing costs.

Regional Insights

North America is the largest market for cell signaling, owing to the region’s robust biopharmaceutical industry, high investment in healthcare research, and the presence of key players in the field. The U.S. leads in funding for cancer research and targeted therapies, driving significant demand for cell signaling technologies. Europe follows closely, with a strong focus on advancing research in molecular biology and biotechnology.

The Asia-Pacific region is expected to see the fastest growth during the forecast period, supported by increasing government investments in life sciences, expanding pharmaceutical manufacturing, and growing healthcare infrastructure. China, India, and Japan are becoming prominent markets for cell signaling research due to rising healthcare needs and a growing focus on innovative treatments.

Future Outlook

The cell signaling market is poised for sustained growth as demand for precision medicine and advanced therapies continues to rise. With a projected CAGR of 7.1% from 2024 to 2032, the market is set to reach USD 9.4 billion by 2032. As the understanding of cellular communication deepens and new technologies emerge, the market is expected to play a pivotal role in the development of next-generation treatments for a range of diseases, including cancer, autoimmune disorders, and neurological conditions.

In conclusion, the global cell signaling market is on a steady upward trajectory, driven by advancements in biotechnology, growing investment in cancer research, and the increasing focus on personalized medicine. From USD 5.1 billion in 2023, the market is expected to grow to USD 9.4 billion by 2032, reshaping the landscape of drug discovery and disease treatment.

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Understanding the Medical Linear Accelerator Industry

The medical linear accelerator (LINAC) industry plays a critical role in modern cancer treatment, providing advanced radiation therapy options for patients. With the market size estimated at USD 3.89 billion in 2024 and projected to reach USD 5.75 billion by 2029, growing at a CAGR of 8.13% during this period, the LINAC market is experiencing significant growth. This blog explores the current trends, market dynamics, and outlook of the medical linear accelerator industry. 

Market Overview 

The global medical linear accelerator market is expected to witness robust growth, driven by factors such as: 

Rising Cancer Incidence: With cancer rates increasing worldwide, the need for effective treatment options is growing. According to the World Health Organization, cancer is projected to become the leading cause of mortality globally, further fueling demand for advanced radiation therapy solutions. 

Technological Advancements: Continuous innovations in LINAC technology, including the development of more precise targeting systems and imaging capabilities, are enhancing treatment efficacy and patient outcomes. Features such as intensity-modulated radiation therapy (IMRT) and image-guided radiation therapy (IGRT) are becoming standard in modern LINAC systems. 

Increasing Healthcare Expenditure: As healthcare budgets expand, more hospitals and treatment centers are investing in advanced medical equipment, including LINACs. This trend is particularly prominent in emerging markets, where healthcare infrastructure is rapidly developing. 

Growing Awareness and Access: Increased awareness of cancer treatment options and improved access to healthcare services are driving demand for LINAC systems. Patients are more informed and actively seeking the best available treatment options. 

Regional Insights 

North America: The largest market for medical linear accelerators, driven by advanced healthcare infrastructure, high cancer incidence rates, and strong R&D investments. 

Europe: Following North America, Europe shows significant growth due to increasing government initiatives to improve cancer care and technological advancements in LINAC systems. 

Asia-Pacific: The fastest-growing region, with rising healthcare expenditure, improving access to advanced medical technologies, and a growing patient population driving market expansion. 

Competitive Landscape 

The medical linear accelerator market is highly competitive, with key players including Varian Medical Systems, Elekta AB, Siemens Healthineers, and Accuray Incorporated. These companies focus on innovation, strategic partnerships, and expanding their product offerings to maintain a competitive edge. 

Future Outlook 

The future of the medical linear accelerator market looks promising, with continued advancements in technology and increasing investments in cancer treatment infrastructure. Integrating artificial intelligence and machine learning in treatment planning and delivery is expected to further enhance LINAC systems' capabilities. 

As the industry evolves, stakeholders must stay abreast of emerging trends and technologies to capitalize on the growing demand for effective cancer treatment solutions. 

Conclusion 

The medical linear accelerator industry is at the forefront of revolutionizing cancer care. With a growing market driven by rising cancer rates, technological advancements, and increasing healthcare expenditure, LINACs will remain essential in providing patients with the high-quality radiation therapy they need. As we look ahead, the continued evolution of this industry will play a vital role in improving patient outcomes and enhancing the overall healthcare landscape. 

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/medical-linear-accelerator-market 

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Powder Coatings Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033

The powder coatings global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Powder Coatings Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The powder coatings market size has grown strongly in recent years. It will grow from $19.06 billion in 2023 to $20.5 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to durability and corrosion resistance, industrial and manufacturing applications, automotive industry, architectural and building materials.

The powder coatings market size is expected to see strong growth in the next few years. It will grow to $26.89 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to sustainability and low environmental impact, renewable energy infrastructure, automotive sector expansion, customized and functional coatings. Major trends in the forecast period include technological advancements, smart coatings, nanotechnology integration, bio-based powder coatings.

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The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The increasing demand for the construction sector is expected to propel the growth of the powder coatings market going forward. The construction sector, also known as the construction industry, encompasses a broad range of activities related to the planning, design, construction, renovation, and maintenance of physical structures and infrastructure. Powder coatings are commonly used on architectural elements such as aluminium and steel window frames, doors, railings, and curtain wall systems. They provide a durable, weather-resistant, and attractive finish that enhances the aesthetics of buildings. For instance, in September 2021, according to a report published by Oxford Economics, a UK-based economic information services company, the global construction output was $10.7 trillion in 2020, and between 2020 and 2030, it is anticipated to increase by 42%, or $4.5 trillion, to reach USD 15.2 trillion. Therefore, the increasing demand for the construction sector is driving the growth of the powder coatings market.

The powder coatings market covered in this report is segmented –

1) By Type: Thermoset, Thermoplastic 2) By Coating Method: Electrostatic Spray, Fluidized Bed 3) By End Userr Application: Appliances, Automotive, Architectural, Furniture, Agriculture, Construction, & Earthmoving Equipment (ACE), General Industrial, Other End-User Applications

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Regional Insights - Asia-Pacific was the largest region in the powder coatings market in 2023. Western Europe was the second-largest region in the global powder coatings market. The regions covered in the powder coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Key Companies - Major companies operating in the powder coatings market include AkzoNobel NV, PPG Industries Inc., Sherwin-Williams Company, BASF SE, Axalta Coating Systems Ltd., Kansai Nerolac Paints Limited , Jotun Group, IFS Coatings, Valspar Corporation, Asian Paints Ltd., RPM International Inc., Dulux Powder & Industrial Coating, DuPont de Nemours, Inc., Somar Corporation, Protech Group, Nippon Paint Co. Ltd., Evonik Industries AG, Berger Paints Limited, IGP Pulvertechnik AG, TIGER Coatings GmbH & Co. KG, Cloverdale Paint Inc., Vogel Paint Inc., Hentzen Coating Inc., Alpha Coating Technologies Inc., Ferro arte de mexico sa de cv, TCI Powder Coatings, Prismatic Powders, Precision Coatings Inc., S&B Finishing Co. Inc., Rohner Powder Coating, Pro Powder & Paint Inc., Premier Powder Coating Ltd., Rite-Way Powder Coating Inc., Reliant Finishing Systems

Table of Contents 1. Executive Summary 2. Powder Coatings Market Report Structure 3. Powder Coatings Market Trends And Strategies 4. Powder Coatings Market – Macro Economic Scenario 5. Powder Coatings Market Size And Growth ….. 27. Powder Coatings Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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UV LED Market - Forecast (2022 - 2027)

The market for UV LED is forecast to reach $1.2 billion by 2026, growing at a CAGR of 20.3% from 2021 to 2026. The UV LED Market is estimated to witness a sustainable growth over the forecast period majorly because of the environment friendly features for use in various applications. Rise in Environmental concerns is one of the major driving factors of UV LED Market in global level. Moreover, with the ongoing governmental regulations in global market for deploying energy-efficient lightings such as LED lightings, which tend to create a major impact in the rapid adoption of UV LEDs. 

Ultraviolet light occurs between the visible and x-ray spectrums. The Ultraviolet wavelength range is specified between 100 nm to 400 nm which categorizes UV LEDs into three different types. However, many photoelectric manufacturers also consider wavelengths as high as 430 nm to be in the UV range. The replacement of CCFL with LEDs made of Silicon Carbide, Gallium Nitride and other materials will drive the demand in UV Curing and medical phototherapy applications.

UV LED Market Report Coverage

The report: “UV LED Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the UV LED Market.

By Type – Ultraviolet A (UV-A), Ultraviolet B (UV-B) and Ultraviolet C (UV-C). By Wavelength Range – 430nm-315 nm (UV-A), 315nm-280 nm (UV-B) and 280nm-100 nm (UV-C). By Material – Indium gallium nitride (InGaN), Aluminium gallium indium phosphide (AlGaInP), Aluminium gallium arsenide (AlGaAs), Gallium phosphide (GaP), Silicon Carbide (SiC), Gallium Nitride (GaN) and Others. By Applications – UV Curing, Adhesive Coating, Lacquer Coating, Sterilization, Forensic Application, In-Line Coating, Counterfeit Detection, Sensing and Others. By End-Use Industries – Healthcare, Research, Industrial, Residential, BFSI, Security and Others. By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands and Others), APAC(China, Japan India, SK, Australia, Indonesia and Others), South America(Brazil, Argentina, Chile, Colombia and others), and RoW (Middle East and Africa).

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Key Takeaways

The UV LED Market is estimated to witness a sustainable growth over the forecast period because of the rising environmental concerns for adopting eco-friendly lighting systems at various industries. 

The other factor responsible for the growth of UV LED Market are the various environmental friendly features it offers to the sterilization industry and different disinfection processes such as of water, air and different surfaces.

In addition, increasing safety concerns over water-borne diseases have brought an increase in people's awareness of consuming treated water. The growing awareness of the benefits of treated water consumption has impacted the applications UV LED that tend to propel its market growth.  

The scope for a UV LED is becoming abundant in sterilization applications, as it is being proved to be one of the cheapest way to provide safe drinking water across the globe. This safety benefits are expected to enhance the demand of UV LEDs in global market further uplifting its market growth.  

UV LED Market Segment Analysis - By Type

Ultraviolet C (UV-C) has dominated the UV LED Market with a share of 46.5% in 2020. In general, UV-C LEDs have wavelength range of 275 nm (280-100 nm) and they are available in different power levels and styles. Offering different operations in various industries, UV-C is available in different light sources such as single, chip-on-board and strip module of different specifications. Longer strip lengths with higher outputs is one of the widely used type. LED's have been increasingly used in applications where UV lamps (mercury, xenon, amalgam, excimer) have operated for decades. Improvements in UV-LED flux density, stability and life hours have made UV LEDs a viable solution for replacing traditional UV light sources such as mercury arc lamps, arch lamps, hot and cold cathode lamps and grid lamps. UV LEDs are more environment friendly as they do not contain harmful mercury, they do not produce ozone and consume less energy as well. These major advantages uplift the demand of UV LEDs, particularly using Silicon Carbide and Gallium Nitride materials which is expected to propel its market growth in forecast period. UV-C LED usage is rapidly growing in applications such as germicidal (UVGI) for air, surface and water purification.

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UV LED Market Segment Analysis - By End Use Industry

UV LEDs are widely used for different Healthcare and Sterilization applications and are projected to grow at a CAGR of 23.4%. UV LED Curing uses light-emitting diodes which convert electrical current into light. When the electrical current flows through an LED, it gives off ultraviolet radiation. The ultraviolet light causes chemical reactions in the molecules within the liquid, forming chains of polymers until the liquid becomes a solid. This process is a new technology which was designed to provide solutions to many of the issues found in traditional UV curing and heat-set drying. UV LED curing offers all the benefits of traditional curing, and also provides solutions to the negative environmental impact. This new technology reduces heat radiation and offers instant on-and-off switching. UV LED curing also does not require the use of moving parts which further reduces the amount of energy required. All these advantages tend to boost its demand in Healthcare and Purification industries which uplift its market growth.

UV LED Market Segment Analysis - By Geography

Asia-Pacific accounts for being the highest market at 34.6% in 2020. The market growth in this region is predominantly rising due to leading economies such as China, India, Japan and Others. As Asia-Pacific region holds the largest population and is covered by largest ocean, the demand for freshwater has been high at different industrial as well as residential sectors. Thus, the demand for water sterilization and purification processes is of great extent. This demand enhances the market growth of UV LED in this region. According to World Bank Reports, investments done in water and sanitation in Asia-Pacific region is highest and has been increasing rapidly from $50M to $910M in recent years. These tend to propel the market growth of UV LEDs using Silicon Carbide and Gallium Nitride materials in forecast period as freshwater demand will always be high. Asia-Pacific is closely followed by North America in the UV LED Market growth due to presence of major market players in this region which provides technology upgrades in UV LEDs.

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UV LED Market Drivers

Rise in Environmental concerns drives market growth

With the rising Environmental concerns at global level, the adoption of UV LEDS for various applications in different industries tend to drive its market growth. LED's have been increasingly used in applications where UV lamps (mercury, xenon, amalgam, excimer) have operated for decades. Improvements in UV-LED flux density, stability and life hours have made UV LEDs a viable solution for replacing traditional UV light sources such as mercury arc lamps, arch lamps, hot and cold cathode lamps and grid lamps. With the rising Environmental concerns, the adoption of UV LEDs came into play. UV LEDs are more environment friendly as they do not contain harmful mercury, they do not produce ozone and consume less energy as well. These major advantages uplift the demand of UV LEDs which is expected to propel its market growth in forecast period. UV-C LEDs is rapidly growing in applications such as germicidal (UVGI) for air, surface and water purification. UV LED curing provides solutions to the negative environmental impact as it offers improved flux density, stability and long-life hours which makes UV LEDs a viable solution for replacing traditional UV light sources such as mercury arc lamps, arch lamps, hot and cold cathode lamps and grid lamps which drives its market growth in the forecast period.

UV LEDs offers compactness and long durability

UV LEDs do not contain toxic mercury and are often found in CCFL technology. They are much smaller and more durable than CCFLs and are more resistant to vibration and impact, resulting in less product breakage and reduced waste and maintenance expense as well. These advantages tend to drive its market growth in forecast period. The overall heat generated by the UV LEDs is considerably low. The UV LED lamps based on Silicon Carbide and Gallium Nitride materials reaches a maximum of 40 degree Celsius, whereas mercury lamps heat up to more than 60 degree Celsius. Low-pressure germicidal lamps which are traditionally used in these applications are typically associated with lifetime claims of 8000 to 10,000 hours. As a solid-state device, UV-C LEDs can be cycled on/off tens of thousands of times with little or no observable difference or degradation in performance. UV-C LEDs also offer a near-instant capability to provide full rated output, requiring no warmup time which makes it available for 25,000 to 100,000 hours. These advantages tend to drive its market growth in global market.

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UV LED Market Challenges

High Installation Cost

One of the major challenges faced by UV LED Market globally is the high installation cost. UV LEDs are comparatively costlier than other alternatives. This tend to restrain its demand of UV LEDs thus bringing major challenge in its market growth. Several other challenges have been expected to hinder the market growth by hampering the adoption of UV LEDs using Silicon Carbide and Gallium Nitride materials, specifically for those in the UV-B (280nm – 315nm) and UV-C (100nm-280nm) spectral regions. LED manufacturers are struggling to improve the light output and efficiency while at the same time increases the reliability and useable life of the LED. Improvements are being made, but this has brought an exponential rise in the overall cost of these UV LEDs. This brings a major challenge in the market growth of UV LEDs in forecast period.

UV LED Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the UV LED Market. The UV LED Market is dominated by major companies such as Lumileds Holding BV, Nordson Corporation, Seoul Viosys Co.Ltd., Honle UV America Inc., LG Innotek Co. Ltd, Halma Plc, Heraeus Holding Gmbh, Hnle Group, OSRAM, Koninklijke Philips N.V., Crystal IS, Sensor Electronic Technology, Phoseon Technology.

Acquisitions/Technology Launches/Partnerships

In January 2021, Sensor Electronic Technology (SETi) and Seoul Viosys, the leading global providers of UV LED technology and subsidiaries of Seoul Semiconductor, partnered together to launch their new Violeds technology that can quickly and effectively kill 99.437% of SARS-CoV-2 in less than one second. The testing was conducted in December 2020 through KR Biotech, a South Korea-based research institute specializing in sterilization testing of the new coronavirus.

In January 2021, OSRAM launched their new portable UV-C air purifier that fight against viruses and bacteria in this pandemic situation of Covid-19. The invisible, ultraviolet light destroys viruses and bacteria with a reliability of 99.9 percent.

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How Nano PLCs Are Transforming IoT and Smart Factory Operations

Allied Market Research, titled, Nano Programmable Logic Controller (PLC) Market by Component, Service, Type, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023, the nano programmable logic controller (PLC) market was valued at $2,585 million in 2016, and is projected to reach $4,250 million by 2023, growing at a CAGR of 7.0% from 2017 to 2023. The Processor segment held nearly half of the total market in 2016

Nano programmable logic controller is used across numerous industries such as energy & power, automotive, oil & gas, pharmaceutical, and others. At present, rise in demand for automated electronic devices and increase in trend of artificial intelligence (AI) drive the market. Moreover, popularity of Internet of Things (IoT) is expected to provide lucrative opportunities to market players.

The processor segment is estimated to maintain its lead in the global nano programmable logic controller (PLC) market, as it is the most important part in the controller for operations. Moreover, input/output (I/O) segment is expected to grow, owing to its durability and easy replacement.

The fixed nano PLC segment dominated the global market in 2016, accounting for more than half of the total market share. Requirement for compact automation solutions, enhanced efficiency, and increased need for high-voltage operating devices fuel the market growth. However, the modular nano PLC segment is expected to grow at the highest CAGR of 6.3% during the forecast period, due to increase in demand for module rack system.

Asia-Pacific was the major revenue contributor in 2016, and is expected to maintain its dominance throughout the forecast period. This is attributed to the increase in number of automated devices and solutions. Moreover, developments in energy & power and automotive sectors are anticipated to boost the growth of the nano programmable logic controller (PLC) market, especially in the Asia-Pacific countries, such as China, Japan, South Korea, and India.

Europe is anticipated to grow at highest CAGR of 8.4% during the analysis period, owing to increase in demand for automated devices and rise in the adoption of controllers in automotive and oil & gas sectors. Moreover, technological advancements to overcome complexity of the circuit are expected to offer lucrative opportunities for market players in the near future.

Key Findings of the Nano Programmable Logic Controller (PLC) Market:

In 2016, the processor segment dominated the global nano PLC market, in terms of revenue, and is anticipated to grow at a CAGR of 6.2% during the forecast period.

The modular nano PLC segment is expected to exhibit the highest growth rate, owing to the flexibility and durability.

The training segment dominated the global nano PLC market, accounting for nearly half of the total market share in 2016.

The key players operating in the nano programmable logic controller (PLC) market have adopted new product launch as their preferred strategy to expand their market foothold. The major players profiled in this report include Mitsubishi Electric Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, ABB Ltd., Robert Bosch GmbH, Honeywell International, Hitachi Ltd., IDEC Corporation, and General Electric.

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Boosting Manufacturing Productivity through OpenTeQ NetSuite for Manufacturing

In today’s fast-paced manufacturing environment, efficiency, scalability, and real-time visibility are essential for success. NetSuite for Manufacturing offers a comprehensive cloud-based ERP solution tailored to the specific needs of manufacturers. With features like inventory management, production scheduling, supply chain optimization, and financial control, NetSuite empowers manufacturers to streamline their operations and improve profitability. By integrating data across different departments, manufacturers can achieve real-time insights into production processes, enabling them to make data-driven decisions quickly and accurately. Whether it's discrete or process manufacturing, NetSuite provides end-to-end functionality to meet industry-specific requirements.

NetSuite for Manufacturers

Manufacturers face unique challenges, including managing complex supply chains, ensuring product quality, and keeping up with market demands. NetSuite for Manufacturers addresses these challenges with tools for production management, order management, and demand planning. Manufacturers can automate routine tasks, reduce operational costs, and enhance the accuracy of their production workflows. By leveraging NetSuite’s cloud infrastructure, manufacturers can also access global business operations from anywhere, ensuring that all stakeholders have up-to-date information. With the ability to track everything from raw materials to finished products, NetSuite helps manufacturers maintain an agile and responsive production process.

NetSuite Services Company

Partnering with a NetSuite Services Company can be crucial for manufacturers looking to implement and optimize NetSuite ERP. These companies provide expert services, including consulting, implementation, customization, and ongoing support. A dedicated NetSuite Services Company can help manufacturers tailor the system to their specific operational needs, ensuring that every aspect of the business is efficiently managed. From integrating third-party applications to optimizing workflows, partnering with an expert services provider ensures that the manufacturer gets the most out of their NetSuite investment.

NetSuite Development

As manufacturing needs grow more complex, customization and flexibility in ERP systems become critical. NetSuite Development allows manufacturers to create custom modules, workflows, and scripts that address their specific business challenges. With a dedicated NetSuite developer, manufacturers can build tailored solutions that align with unique production processes or reporting requirements. Whether it's automating specific manufacturing tasks or developing specialized integrations, NetSuite development ensures that the system evolves alongside the business. This flexibility allows manufacturers to scale and adapt as they grow without being constrained by off-the-shelf solutions.

NetSuite Consulting Services

NetSuite Consulting Services offer manufacturers the guidance they need to effectively implement and utilize the platform. Consultants bring deep industry knowledge and expertise, helping manufacturers optimize their use of NetSuite. From the initial system design and configuration to ongoing improvements and support, consultants ensure that manufacturers use the ERP system to its fullest potential. They assist with everything from system customization to employee training, providing manufacturers with the insights they need to operate more efficiently and profitably.

NetSuite Financial Software

In addition to its manufacturing capabilities, NetSuite Financial Software offers robust financial management tools designed to streamline accounting processes, manage budgets, and ensure compliance. For manufacturers, accurate financial reporting and analysis are essential to maintaining profitability and ensuring long-term growth. NetSuite’s financial software integrates seamlessly with its manufacturing modules, providing a single source of truth for both operational and financial data. This enables manufacturers to keep track of costs, profits, and cash flow while ensuring that financial data is always up-to-date and accurate. With real-time reporting and analytics, manufacturers can better understand their financial performance and make informed decisions.

Conclusion

OpenTeQ Technologies provides comprehensive solutions for manufacturers through its expertise in NetSuite for Manufacturing. With a deep understanding of NetSuite for Manufacturers, OpenTeQ ensures that manufacturing businesses can optimize their operations through tailored ERP solutions.

As a leading NetSuite Services Company, OpenTeQ offers expert NetSuite Development and access to skilled NetSuite Developers who customize the system to meet specific manufacturing needs. Their NetSuite Consulting Services provide manufacturers with the strategic guidance necessary for effective implementation and system optimization. Additionally, OpenTeQ's proficiency in NetSuite Financial Software ensures accurate financial management, helping manufacturers streamline their accounting processes and maintain profitability.

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Nurse Call Systems Market Share, Supply, Sales, Manufacturers, Competitor and Consumption 2023 to 2030

Nurse Call Systems Industry Overview

The global nurse call systems market size was valued at USD 1.7 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 12.11% from 2023 to 2030. 

The growing need for a diverse and integrated platform that increases the preference for mobility aids are driving the market. Medicare decides to refund schemes based on quality and outcome rather than quantity owing to the rising healthcare cost. Medicare estimates that current reimbursement practices are costing an additional USD 2.1 billion and expects to curtail this by using technology-focused healthcare. With this change in reimbursement policies, hospitals and other healthcare facilities are trying to streamline their workflow processes by adopting technology-oriented nurse call systems.

Gather more insights about the market drivers, restrains and growth of the Nurse Call Systems Market

Nurse call systems enable reliable and flexible communication between the patient and the caregiver. Increasing patient numbers in healthcare facilities and the introduction of advanced ways to expand communication, workflow, and management to provide quality patient care are fueling the market growth. The market is primarily driven by technological advancements that have allowed players to create innovative devices. For instance, in December 2019, Tunstall Group launched Tunstall Carecom, a wireless and digital nurse call system.

Growing adoption of real-time location systems (RTLS) integrated with wireless technologies in various healthcare facilities is propelling the market growth. RTLS allows the healthcare facilities to track the movement of the attendants and equipment to increase productivity. For instance, Televic's AQURA Care Communication Platform is an integrated platform with various modules such as nurse call, personal localization (RTLS), patient and staff safety, alarm delivery, personal mobility, and mediator control. The platform is open to integrating both its module and the mediator module, along with the current hospital infrastructure.

However, the high implementation costs can hinder the market expansion. The effectiveness of integrated communication technologies is based on several factors, including software, hardware, and the training level of medical staff. This increases the need for high investments by hospitals, clinics, and home care facilities to effectively implement the devices. In addition, strict regulatory policies related to data breaches can impede industry growth during the forecast period.

Moreover, with the rise in home healthcare and nursing home facilities, major industry players are focusing on the need for better patient response time along with eliminating nurse fatigue. Vendors are differentiating their products by integrating their devices with different diagnostic solutions and technologies. For instance, in June 2019, Vocera Communications, Inc. introduced a new analytics solution that provides information about the number of calls, texts, alarms, and alerts that clinicians receive. Industry players offer customized services as per hospital needs, through such integration.

Nurse Call Systems Market Segmentation 

Grand View Research has segmented the global nurse call systems market report based on technology, type, application, end-use, and region:

Technology Outlook (Revenue, USD Billion, 2016 - 2030)

Wired Communication Equipment

Wireless Communication Equipment

Type Outlook (Revenue, USD Billion, 2016 - 2030)

Integrated Communication Systems

Buttons

Mobile Systems

Intercoms

Application Outlook (Revenue, USD Billion, 2016 - 2030)

Alarms & Communications

Workflow Optimization

Wanderer Control

Fall Detection & Prevention

End-use Outlook (Revenue, USD Billion, 2016 - 2030)

Hospitals

ASCs/Clinics

Long Term Care Facilities

Regional Outlook (Revenue, USD Billion, 2016 - 2030)

North America

US

Canada

Europe

U.K.

Germany

France

Italy

Spain

Asia Pacific

China

Japan

India

Australia

South Korea

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

South Africa

UAE

Saudi Arabia

Browse through Grand View Research's Medical Devices Industry Research Reports.

The global radiation dose monitoring market size was valued at USD 3.44 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030.

The global patient monitoring accessories market size was valued at USD 7.83 billion in 2023 and is projected to grow at a CAGR of 9.0% from 2024 to 2030. 

Key Companies & Market Share Insights

The market is fragmented. Competitors in this market are increasing their share through a variety of marketing strategies, including product launches, investments, and mergers and acquisitions. Companies are further investing in improving their products. For instance, in July 2020, Hill-Rom Holdings Inc. collaborated with Aiva for hands-free communication between caregiver-to-patient and caregiver-to-caregiver using Hill-Rom’s Voalte Mobile solution. Some prominent players in the global nurse call systems market include:

Hill-Rom Holding, Inc.

Rauland Corporation

Honeywell International, Inc.

Ascom Holding AG

TekTone Sound and Signal Mfg., Inc.

Austco Healthcare

Stanley Healthcare

Critical Alert Systems LLC

West-Com Nurse Call Systems, Inc.

JNL Technologies

Cornell Communications 

Order a free sample PDF of the Nurse Call Systems Market Intelligence Study, published by Grand View Research.

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Powertrain Control Module (PCM) Market - Forecast(2024–2030)

Global Powertrain Control Module (PCM) Market: Overview

The increased demand for Commercial Vehicles and industrial vehicles is reflecting positively on the automotive powertrain control module (PCM) market. Due to the continuous depletion of fossil fuels, the stringent rules to operate automobiles in optimum manner have gained momentum. A PCM is one of the most important elements of an automobile. As per a report released by the European Automobile Manufacturers Association (ACEA), 98.9 million motor vehicles were produced globally in 2017.[1] The PCM market was valued at $29.53 billion in 2018 and is estimated to grow at a compound annual growth rate of 6.19% during the forecast period 2019–2025.

Asia-Pacific is the leading market for PCMs. The region is recognized for high sales of PCMs owing to the exponential growth of the automotive industry. ,. The emerging technologies have also contributed to the growth of the market. The APAC region accounted for 27.14% share of the global PCM market in 2018.

Global Powertrain Control Module (PCM) Market: Outlook

A power-train control module is an automotive component used in motor vehicles, general electric and hybrid vehicles. The control unit of a PCM consists of an engine control unit (ECU) and a transmission control Unit (TCU). The main functions of PCMs include the monitoring of the air-fuel ratio, and controlling the ignition time and the throttle valve.

A PCM acts as the brain of the vehicle and manages the charging, transmission, emission control, and communications systems along with other onboard control modules.

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Global Powertrain Control Module (PCM) Market: Growth Drivers

· PCM offers several benefits such as the lightness of weight, compactness, easy installation, and various other warning lights display for safety purposes. Therefore, PCM is gaining popularity among electric and hybrid car manufactures.· Rising demand for automatic transmission worldwide owing to various benefits it offers such as less carbon emission, driving comfort, and fuel efficiency is driving the PCM market.

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Global Powertrain Control Module (PCM) Market: Trends

· The company named Pleasurecraft Engine Group developed Catanium Clean Emission System (CES) for marine engines. It is an advanced catalyst technology that helps reduce the harmful emission of dangerous carbon monoxide. The use of CES is gaining traction as it creates a cleaner and safer marine environment.

· Controls are the key characteristics to measure the behavior of the powertrain with respect to vehicle performance, robustness, and emission. AVL, one of the market players in the PCM market, introduced a modular powertrain software control solution that is gaining wide popularity in the powertrain control market.· The powertrain hybridization solutions for commercial vehicles with engine management system is gaining traction in the automotive industry.

Global Powertrain Control Module (PCM) Market: Challenges

If a PCM gets damaged, it can have an adverse effect on the engine performance. Challenges include failure in alert light warning and delay in starting the engine. The replacement and installation costs are very high, which can hamper the demand growth for PCMs. The various mobile apps services available to check and keep an update of the installed PCM in the vehicle to repair it before it get damaged is expected to boost the PCM market.

Global Powertrain Control Module (PCM) Market: Key Players Perspective

Some of the major players in the PCM market are Continental AG, Denso Corporation, Mitsubishi Electric, General Motors, AB Volvo, Hyundai KEFICO, AVL Engineering Company, Honda, Mitsubishi Electric, FTP Industrial, and Hitachi Automotive System.

Global Powertrain Control Module Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the powertrain control module market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of powertrain control modules, fuel types, which include gasoline, diesel, alternative fuels, CNG, and LPG.

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Global Powertrain Control Module Market Report: Industry Coverage

The report analyses the product demand in the Powertrain control module market on the basis of vehicle types, which include passenger, and heavy and light commercial vehicles. The powertrain control module market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

North America: The U.S., Canada, Mexico

South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark

APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

Middle East and Africa: Israel, South Africa, Saudi Arabia

Key Questions Addressed in the Powertrain control module market Report

Is the market demand for powertrain control module growing? How long will it continue to grow and at what rate?

Which type of Powertrain control module presents the major growth opportunities?

Is there a possibility for change in the market structure over time?

Are additional developments needed for the existing product or services offerings or do the existing products meet the customer demands?

Do the key vendors look for partnerships to expand their businesses with respect to geography or product?

What are the short-term, long-term, and medium-term growth drivers for the market?

What are the short-term, medium-term, and long-term challenges for the market?

What are the short-term, medium-term, and long-term opportunities for the market

Who are the top players/companies of the market?

What are the recent innovations in the market?

How many patents have been filed by the leading players?

What are the types of patents filed by the leading players?

What is our Vision 2030 for the powertrain control module market?

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A Few Focus Points Of This Research Are Given Below:

Give a deep-dive analysis of the key operational strategies with focus on the corporate structure, R&D strategies, localization strategies, production capabilities, and sales performance of various companies

Provide an overview of the product portfolio, including product planning, development, and positioning

Discuss the role of technology companies in partnerships

Explore the regional sales activities

Analyze the market size and giving the forecast for current and future global powertrain control module market during the forecast 2019–2025.

Analyze the competitive factors, competitors’ market shares, product capabilities, and supply chain structures.

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