Market Research Blog

As per a new market report distributed by Future Market Insights named, “Energy Management System Market – Global Industry Analysis 2012 – 2016 and Opportunity Assessment, 2017 – 2025”, the worldwide energy management system market was esteemed at US$ 6340 Mn in 2016, and is relied upon to enroll a CAGR of 14.8% from 2017 to 2025.

The expanding interest for energy management arrangements in the business areas, expanded energy costs, nonstop expansion in administrative commitments and industry rules, fortifying organization brand worth and notoriety, and merchants benefiting from reception of arising advancements like portability, cloud, large information, are the central point expected to drive the development of the worldwide energy the board system market.

The energy management system measures and audits the aftereffects of energy productivity upgrades. The energy management system assists with organizing the energy strategy of the organization, which upholds the advancement of an energy strategy and adds to the design of energy intend to accomplish targets. The energy management system additionally works with the commitment (responsibility and arrangement) of the board and has a positive commitment towards the energy targets.

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All the asset concentrated enterprises use a huge measure of unrefined components, water, and energy assets, hence prompting a lot of strong waste, effluents, and emanations. These businesses are regularly dependent upon various worldwide and neighborhood guidelines, alongside a few plant-level geology consistences. To agree with these tough guidelines, ventures are embracing energy the board system and are utilizing different strategies.

The worldwide energy management system market is ordered based on organization, vertical, and programming. Based on sending, the market is portioned into on-reason and cloud-based. The on-premise sub-section was esteemed US$ 3,931.8 Mn in 2016. Be that as it may, the cloud-based sub-fragment is projected to enroll a high CAGR of 18.9% during the estimated time frame.

Based on upward, the worldwide energy management system market is sectioned into auto, building robotization, oil, and gas, producing, drug, utilities and energy, and others. The oil and gas sub-portion accounted for a high piece of the pie and was esteemed at US$ 1,727.7 Mn in 2016. Nonetheless, the structure computerization sub-fragment is relied upon to enlist a sound CAGR of 17.3% during the estimated time frame.

Based on programming, the worldwide energy management system market is sectioned into utility energy the board, modern energy management, undertaking carbon and energy management, and private energy management. Endeavor carbon and energy the board portion accounted for a high piece of the pie and was esteemed at US$ 2,257.0 Mn in 2016 and enrolled a CAGR of 17.0%.

Instances of a portion of the critical rivals in the energy the board system market are International Business Machines Corporation, C. A Technologies, Schneider Electric SE, Eaton Corporation PLC, Cisco Systems, Inc., Siemens AG, Honeywell International, Inc., Asea Brown Boveri (ABB) Ltd., General Electric Company, and Emerson Electric Co.

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Key Segments Covered

By Deployment:

• Cloud based
• On-premise

By Vertical:

• Automotive
• Building Automation,
• Oil & Gas,
• Manufacturing,
• Pharmaceutical
• Utilities & Energy
• Others

By Software:

• Utility Energy Management
• Industrial Energy Management
• Enterprise Carbon and Energy Management
• Residential Energy Management.

Key Regions covered:

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

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
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The report reveals, the global embedded security for internet of things held US$ 2,525 Mn in 2016 and is projected to secure almost US$ 11,125 Mn by the end of 2027. The market is anticipated to exhibit high double-digit CAGR throughout the forecast period (2017-2027), in terms of revenues. The market in APEJ (Asia Pacific excluding Japan) is anticipated to reflect comparatively higher expansion throughout the forecast period, in terms of value.

Rising number of devices which are being associated through IoT network is considered as a vital factor propelling demand for embedded security for IoT. Additionally, increasing strength of cyber-attacks on IoT devices as well as on networks combined with the introduction of revised industry guidelines to utilize embedded hardware solutions are noticed as major driving factors of embedded systems for IoT. The embedded security for IoT is forecasted to move towards delivering security to hyper-connected technologies. A recent report on embedded security for Internet of Things developed by Future Market Insights (FMI) offers such critical things in it.

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Dynamics of Market

The controller chip segment is projected to procure more than four-fifth share of the market, in terms of revenues, exhibiting staggering double-digit CAGR throughout the assessment period. In terms of revenues, the segment is projected to retain its dominance throughout the forecast period. Moreover, the segment is estimated to generate incremental dollar opportunity of over US$ 6,800 Mn during 2017-2027.

The use of embedded security for IoT in connected cars is projected to expand at significant growth rate during the assessment period. Embedded security systems for IoT worth nearly US$ 687 Mn were used in connected cars in the year 2016.

Automotive industry, by vertical type is anticipated to retain its dominance in the market throughout the forecast period, securing almost one-third revenue share by the end of 2027.

Regional Segmentation

Moreover, the North America is anticipated to remain most lucrative regions for embedded security for Internet of Things market throughout the assessment period. The market in this region has secured nearly US$ 773 Mn in the year 2016 and secured nearly one-third revenue share of the market. In terms of revenue, the North America region is anticipated to retain its dominance over the assessment period. Rising utilization of IoT devices has led to increased security concerns, thereby numerous government regulatory bodies in US region have allotted security guidelines for IoT solution providers throughout various verticals.

During this period, the market for embedded security for Internet of Things in Western Europe region is anticipated to reach nearly US$ 1,677 Mn by the end of 2027, procuring staggering CGAR throughout the assessment period. Further, number of government authorities in different countries are ensuring that device manufacturers execute better security programs in order to secure cyber-attack on IoT networks and devices.

Competitive Landscape

Blackberry, a Canadian telecom service provider introduced an IoT platform based on cloud technology with device management features allowing data collection from range of networks and devices. This platform allows business partners, application developers and others to combine various aspects of IoT solutions comprising security. Primarily, the platform was directed towards shipping and automotive sector and in foreseeable period it is likely to be extended to other sectors such as healthcare and energy.

Several key market players, operating in the market are profiled in the report include, ARM Holdings Plc. (SoftBank Corp), Trend Micro Incorporated, Intel Corporation, NXP Semiconductors N.V., Gemalto N.V., Palo Alto Networks Inc., Check Point Software Technologies Ltd., Synopsys, Inc., Infineon Technologies AG, Inside Secure, and Cisco System Inc. The report reveal that these market players are likely to contribute more in the growth of the global market for embedded security for Internet of things.

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Market Segmentation

By Component

• Software
• Controller Chip

By Application

• Smart Factory
• Smart Grid
• Connected Car
• Networking Equipment
• Computing Devices

By Vertical

• Retail
• Aerospace and Defence
• Healthcare
• Gaming
• Automotive
• Others

By Region

• North America
• Latin America
• Asia Pacific (Excluding Japan)
• Japan
• Eastern Europe
• Western Europe
• Middle East & Africa

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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The worldwide smart agricultural solution market will develop at a CAGR of 10.3 percent over the projected period, according to a study by Future Market Insights (FMI). By the end of 2031, global sales of smart agriculture solution market are expected to exceed US$ 13.2 billion.

Market expansion will be fueled by the implementation of sophisticated technologies such as artificial intelligence in drones to boost agricultural productivity.

The expansion of the agriculture industry in India, Australia, and China is a significant element driving demand for advanced agricultural technologies including sensor-based variable rate technology.

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Between 2016 and 2020, the worldwide smart agricultural solution market increased at a CAGR of 5.7 percent. Sales of smart agriculture solutions increased by 4.6 percent in 2021, thanks to the introduction of precision farming and the use of agriculture 5.0 technology.

The demand for sensor-based and map-based solutions will increase as precision farming and smart greenhouses become more popular. According to FMI, the worldwide smart agricultural solution would expand 6.8% year over year in 2021.

FMI’s Smart Agriculture Solution Market Study Highlights

• The variable rate technology category is expected to grow at the fastest rate through 2021 and beyond.
• The hardware category, which accounts for about half of the market share, is predicted to expand the quickest.
• Through 2031, the drones sector will account for a significant portion of the worldwide market.
• During the projected period, the sensor monitoring system segment is predicted to increase significantly.
• Through 2031, India is predicted to be one of the most attractive markets for smart agricultural solutions.
• Latin America’s smart agricultural solution market is predicted to develop at a CAGR of 12.3% during the forecast period, with Brazil leading the way.

Competitive Landscape

As per the study, key players operating in the smart agriculture solution market are investing in developing modern and smart agriculture products such as smart aerial drones to gain competitive edge.

Some of the players are focusing on introducing new products and forming strategic partnerships with local agricultural product providers to expand their consumer base. For Ex:

• Dirt Road Data Inc.
• Iteris Inc.
• CropMetrics LLC
• Agribotix LLC
• AgriSight Inc.
• SemiosBio Technologies Inc.
• Granular Inc.
• Trimble Navigation Ltd.
• Site-Specific Technology Development Group Inc.

Why is the Demand for Smart Agriculture Solution Hardware Increasing?

As per the study, the hardware sub-segment of the component segment in smart agriculture solution market is expected to account for more than 50% of global market share. Increasing adoption of drones in agricultural activities to improve the crop productivity is the major factor driving the growth in the segment.

Also, integration of smartphones and adoption of artificial intelligence in sensor monitoring system and GPS enabled ranging system to monitor and manage the farm in precision farming will boost growth in the segment.

Due to the surging demand for automation in precision farming, smart agriculture solution providers are introducing new products such as drones with GPS and aerial-climate detection to expand their customer base.

For instance, in November 2021, XAG, leading agriculture robotics and AI-powered smart agriculture solution provider, launched its V40 and P40 Agricultural Autonomous Drone, that can conduct mapping, spraying, and broadcast on farm, supporting farmers’ transition to climate smart practices and reducing carbon footprints.

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Smart Agriculture Solution Market by Category

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Expanding application base of the Internet of Things (IoT) is translating into rapid technological advancement and miniaturisation of devices that entails stronger connection peripherals. This, in turn, is resulting in higher demand for CMOS power amplifier. Future Market Insights has recently conducted an analytical study on the global CMOS power amplifier market that projects a stout growth in terms of revenue between 2016 and 2026. The arrival of superior wireless communication networks and extended benefits of CMOS technology is expected to provide an impetus to the overall development of the market.

Over the next couple of years, it is anticipated that network issues brought on by new wireless standards would also support demand for CMOS power amplifiers. By the end of 2026, the US$ 1,017.9 million CMOS power amplifier market is anticipated to reach US$ 4,714 million, growing at a CAGR of 16.6%. Leading CMOS power amplifier vendors and manufacturers expect that widespread use of CMOS power amplifiers in GSM/EDGE, LTE, CDMA 2000, and other wireless communication technologies will open up lucrative market potential.
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Market Restraints

The “CMOS Power Amplifier Market: Global Industry Analysis and Opportunity Assessment, 2016-2026” research from Future Market Insights also states that technological difficulties in CMOS power amplifier design may, to some extent, temper the market’s burgeoning momentum over the assessment period. Furthermore, the employment of CMOS power amplifiers is restricted to low-PAR (peak-to-average ratio) modulation systems due to their inherent weak linearity.

Usage of CMOS Power Amplifier in LTE Technology to Grow Higher

In 2015, the GSM/EDGE sector held a nearly 31 percent revenue share of the market based on modules. However, quick adoption and development of 4G and 5G wireless communication are causing CMOS power amplifier consumption in LTE technology to increase. The LTE module market is also expected to grow at the fastest CAGR of 20.2 percent over the study period. In order to address the expanding need for broader bandwidth and quicker transmission rates, manufacturers are concentrating on building high-performance CMOS power amplifiers.

Application of CMOS Power Amplifier in Smartphones to Remain Dominant

In 2015, the smartphone segment registered the largest market share, reaching a market valuation of US$ 423.4 Million. The segment is expected to hold its top position throughout the forecast period, expanding at 17.9% CAGR over 2026.

Global CMOS Power Amplifier Market: Regional Outlook

Future Market Insights’ report delivers key insights and offers analysis on the potential of the CMOS power amplifier market through a regional overview. In 2015, Asia Pacific excluding Japan (APEJ) commanded a dominant share of the market attributed to the healthy existence of consumer electronics manufacturers across the region. The market in Asia Pacific is projected to remain dominant and expand at a staggering 19.4% CAGR over the forecast period.

Competitive Dashboard

Key stakeholders in the global market for CMOS power amplifier include Skyworks Solutions, Inc., Toshiba Corporation, Broadcom Ltd., ACCO Semiconductor, Inc., DSP Group, Qorvo, Inc., Qualcomm Technologies, Inc., Texas Instruments Inc., and Murata Manufacturing Co., Ltd. Most of these companies are concentrating on further product innovation to increase their market presence at a global level. For instance, in October 2015, ACCO Semiconductor Inc., a leading provider of fabless semiconductors headquartered in the U.S. launched a range of CMOS power amplifier technologies designed to support quad-band GSM/EDGE and 12-band 3G/LTE smartphones as well as Internet of Things applications.

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Market Segmentation

By Module

• GSM/EDGE
• UMTS
• LTE
• CDMA 2000
• TD-SCDMA
• FOMA/Others

By Application

• Smartphone
• Feature Phone
• Connected Tablet
• Others

CDMA 2000 segment is anticipated to create significantly higher incremental opportunity between 2016 and 2026

• Future Market Insights forecasts revenue from the CDMA 2000 segment in the global CMOS power amplifier market to be valued at nearly US$ 500 Mn by 2026 from about US$ 100 Mn in 2016
• Revenue from the CDMA 2000 segment is expected to register a CAGR of 16.2% during the assessment period
• The CDMA 2000 segment is projected to create incremental dollar opportunity of nearly US$ 400 Mn between 2016 and 2026

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Future Market Insights analyses the global video event data recorder market for a 5-year forecast period, 2016-2026. According to a recent market outlook report, “Video Event Data Recorder (VEDR) Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,” the US$ 1.64 Bn market is likely to reach beyond US$ 3.2 Bn by the end of 2026.

The global video event data recorder (VEDR) market was valued at nearly US$ 1,500 Mn in 2015 and is projected to reach approximately US$ 3,500 Mn by 2026. Sales revenue is expected to increase at a CAGR of 6.9% during the assessment period (2016–2026).

This growth is attributed to rising awareness and adoption of vehicle safety technologies, government regulations and motor vehicle safety standards and benefits such as detailed data capture capabilities offered by VEDR devices.

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In the global VEDR market report, Future Market Insights provides detailed information on market definition and segmentation analysis, market dynamics and key insights, and competition assessment and key company profiles.

The overall market outlook remains positive and the compound annual growth rate is estimated at 6.9% over the decade. Although market growth will be healthy by 2021 end, it will experience a slight decline in terms of CAGR in the second half of the assessed period.

Key research findings:

Motor vehicle safety standards will continue to fuel the sales of technologies pertaining to vehicle safety In addition to growing cognisance and adoption of vehicle safety measures, burgeoning automotive investments are also anticipated to favour VEDR market growth Growing inclination of OEMs and drivers toward digitisation will push the market further With technological advancements, various cost-effective products are being developed.

Several manufacturers are also emphasising integration of smart software An increasing number of VEDR manufacturers are strategically investing in order to capitalise on opportunities offered by commercial fleets such as cabs/rental fleets/taxis globally

Key player insights:

The global market for video event data recorder is predominantly governed by the top five players in the competitive landscape. Digital Ally Inc., WatchGuard Video, Omnitracs LLC, Rosco Inc., and Safety Vision LLC collectively account for roughly 85% market revenues. A few other notable players include Convoy Technologies, OCTOCAM Srl, and L-3 Mobile-Vision, Inc.

Key metrics incorporated in the report 

CAGR for the various segments across key regions assessed Year-on-Year (YoY) growth rate for the different segments growth to understand the predictability of the market and to identify the right opportunities across the global video event data recorder market Basis Point Share (BPS) analysis to understand individual segments’ relative contribution to market growth and hence identify the key trends governing the global video event data recorder market Absolute dollar opportunity analysis of all key market segments to assess the level of opportunity that providers can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global video event data recorder market

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Market Segmentation

By Type of Data Storage:

• Flash Card
• Cloud Data Storage

By Vehicle Type:

• Passenger Cars
• Light Commercial Vehicles (LCVs)
• Heavy Commercial Vehicles (HCVs)

By End User:

• Law & Enforcement Agencies (LEAs)
• Commercial Fleet

By Sales Channel:

• Auto OEM
• Aftermarket

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Middle East and Africa (MEA)
• Japan

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
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The worldwide Storage-Area Network (SAN) market is set to partake in a valuation of US$ 19,576 Mn in 2021, and further extend at a CAGR of 3.9% to arrive at US$ 26,867 Mn constantly 2029. SAN market is represented around 7% of worldwide cutting edge information storage market.

The market for storage area networks (SANs) is expected to increase as a result of the rising need for data recovery capabilities across a number of industries, including IT & telecom, BFSI, and healthcare. The key income generators for the storage area network market will continue to be the banking, financial services and insurance (BFSI), IT, and telecom industries. The simultaneous running of cluster and master apps is made possible by a SAN and load balancing. Business-critical applications, such banking systems, frequently adopt this setup.
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Key Takeaways of Storage Area Network Market Study

• During the forecast period, North America is anticipated to account for a sizable portion of the global storage area network market.
• Among all technologies, Fiber Channel (FC) is anticipated to account for a sizeable portion of the worldwide SAN market over the forecast period.
• During the projection period, it is predicted that the hardware sector will continue to have a sizable market share in the global storage area network market. This is because SANs use high-performance Fiber Channel I/O and are made up of many hardware elements.
• An excellent CAGR is predicted for the need for hyperscale server SAN. However, it is anticipated that over the projection period, enterprise server SAN would continue to retain a sizable market position in the global storage area network market.

Increasing Demand for Efficient Data Backup Management to Propel Sales

The conventional method of data backup involves a number of LAN-based backup and restore operations, which are frequently sluggish and have a negative influence on the overall effectiveness of the process. In contrast, data transfers effortlessly across the SAN to tape devices in a server-less data backup system (SAN method) since it does not use vital server I/O or CPU resources. Over the ensuing years, this element is anticipated to fuel the worldwide storage area network market’s expansion..

More Valuable Insights on Storage Area Network Market

With historical data from 2014 to 2021 and projections for the years 2022 to 2029, Future Market Insights provides an unbiased study of the worldwide storage area network market. For the purpose of analysing the market’s opportunities, the SAN market has been divided into seven key regions based on component (Hardware, Software, and Services), SAN type (Hypercscale Server SAN and Enterprise Server SAN), technology (Fibre Channel (FC), Fibre Channel Over Ethernet (FCOE), InfiniBand, and iSCSI Protocol), and vertical (BFSI, IT & Telecom, Energy & Utility, Government, Military & Defense, Healthcare, Manufacturing,

Competitive landscape

Many key players in SAN market are focusing on investing heavily on innovation, research, and development practices to offer different solution for various industry applications. For enhancing the presence, customer base and solution offering market players are undergoing various strategies such as partnerships, collaborations as well as acquisitions.

• For instance, in December 2019, DataCore Software Corporation introduced vFiIO that uses software-defined storage technology to enable data to be stored, organized and managed not only independently of the underlying hardware, but also independently of the access method.

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SAN Market Outlook by CategoryBy Component :

• Hardware
• Software
• Services

By SAN Type :

• Hypercscale Server SAN
• Enterprise Server SAN

By Technology :

• Fibre Channel (FC)
• Fibre Channel Over Ethernet (FCOE)
• InfiniBand
• iSCSI Protocol

By Vertical :

• BFSI
• IT & Telecom
• Energy & Utility
• Government
• Military & Defense
• Healthcare
• Manufacturing
• Retail & e-Commerce
• Others

Region :

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• MEA
• GCC Countries

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

Contact:

Future Market Insights Inc.   
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200 Continental Drive, 
Suite 401, Newark, 
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T: +1-845-579-5705
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The global robotic vacuum cleaners market is expected to surpass a valuation of US$ 3.5 Bn in 2021. It is also expected to exhibit a CAGR of over 14.50% through 2031.

In the last few years, vacuum cleaner technology has advanced significantly. Because of their ability to clean an area without requiring human participation, robotic vacuum cleaner’s sales are surging at a high pace.

Additional features of robotic vacuum cleaners include rotating brushes, mopping, and UV sterilization. Some are designed to efficiently perform cleaning chores of household. To offer greater efficiency and high performance, manufacturers are integrating robotic vacuum cleaners with security cameras, intercom systems, and other functions.

Robotic vacuum cleaners are a result of technological advancements enabled by artificial intelligence (AI) and the internet of things (IoT). They can be programmed and operated remotely to execute their cleaning tasks and they are clever enough to do it with minimal human intervention. With their advanced technologies, robots are playing an increasingly essential role in modern society, making human life easier and more comfortable.

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Market players are concentrating on producing more technologically advanced robotic vacuum cleaners using cutting-edge technology such as artificial intelligence (AI) (Artificial intelligence). Samsung Electronics, for example, released an AI robot vacuum cleaner in 2021 that has improved object identification and operation performance due to artificial intelligence (AI) technology.

The BESPOKE Jetbot AI is a smart robot vacuum cleaner designed to clean itself and empty its dust bin. It is the world’s first robot cleaner to be equipped with Intel’s artificial intelligence (AI) solution (Intel Movidius), which enables the robot cleaner to reason independently like humans.

Key Takeaways from the Robotic Vacuum Cleaners Market Study

In terms of robot type, the in-house robot segment is projected to account for 75.9% of the total robotic vacuum cleaners market share in 2021.In terms of mode of charging, auto battery charging type accounts for 70.9% of the total robotic vacuum cleaners market share in 2021.The US is a key market in North America, accounting for 91.5% of robotic vacuum cleaners sales in the region in 2021.The U.K. will emerge as a highly lucrative market within Europe, exhibiting 7.5% CAGR.

“Customers from diverse sectors are increasingly turning to automated products to save time and energy. Within the household sector, the demand for smart home technology is on the rise. This has created ample prospects for the expansion of the robotic vacuum cleaners market,” says an FMI analyst.

Impact of COVID-19 on the Market

The COVID-19 outbreak had a wide-ranging impact, including the closure of all non-essential businesses and retailers, leading to a loss of corporate confidence, heightened public worry, and future uncertainty. It has spread indiscriminately over the world, resulting in a hazardous indoor atmosphere. The production rate of these vacuum cleaners had fallen dramatically all over the world as a result of the sudden shutdown of manufacturing factories. Restrictions imposed hampered sales as well as international export and import.

Furthermore, the COVID-19 created new opportunities for robotic vacuum cleaner manufacturers. Due to the need for cleanliness and hygiene in homes and business spaces, industry players saw higher sales of robot vacuums beginning at the second quarter of 2020. Consumers bought robotic vacuum cleaners to keep the virus from spreading in their homes.

Additionally, according to International Federation of Robotics sales value for robots has increased by 32% to USD 11.2 billion and the recent Covid-19 pandemic is further expected to boost the market.

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Who is winning?

Leading manufacturers of robotic vacuum cleaners are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of robotic vacuum cleaners globally.

Major players present in the robotic vacuum cleaners market are iRobot Corporation, LG Electronics, Robert Bosch GmbH, Samsung Corporation, Dyson Ltd., Panasonic Corporation, Xiaomi, ECOVACS, Proscenic, Neato Robotics, Inc., Yujin Robot, Co., Ltd., Hayward Industries, Inc., Pentair plc, Milagrow Business & Knowledge Solutions (Pvt.) Limited. Koninklijke Philips N. V, among others.

Global Robotic Vacuum Cleaners Market by Category

By Robot Type:

• Outdoor Robot
• In-House Robot

By Mode of Charging:

• Manual Charging
• Auto-Battery Charging

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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A fresh business and commerce study by Future Market Insights (FMI) has detected that the global market for high voltage direct current (HVDC) transmission system market is strikingly fragmented, owing to the presence of a large pool of players, big and small. A wide variety of products are offered by these vendors, ranging from cables to capacitors to transformers.

Often, the vendors offer customized solutions in order to gain new demands. The report identifies Siemens AG, ABB Ltd., Hitachi Ltd., General Electric Co., Toshiba Corporation, Prysmian SpA, TransGrid Solutions Inc., ATCO Electric Ltd., and Abengoa S.A. as some of the most prominent companies currently operating in the global HVDC transmission system market.

As per the evaluations of the FMI report, a revenue of US$6,000 mn was generated by the market for high voltage direct current transmission system in 2016, which was in itself an increase of 7.7% in comparison to 2015. The report has estimated that over the forecast period of 2016 to 2026,

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the demand for HDVC transmission system will increment at a CAGR of 8.8% and the final valuation by 2026 would be US$14,400 mn. Mitsubishi Electric Corporation, Nexans, NR Electric, American Semiconductor, HVDC Technologies, and LSIS are some of the other notable players identified by the report.

Some of the key factors augmenting the demand in the global HDVC transmission system market are: increasing demand for cost-effective solutions for long distance power transmission, decommissioning of nuclear and coal power plants, liberalization in the energy policies in Europe, and integration of VSC technology across grids enable system security.

On the other hand, rise in the cost of components that affects the number of grid installations, requirement of high initial investment in grid infrastructure, need of uniformity in the standards of HDVC transmission equipment and systems, and controlling congestion and instability in HVDC systems are a few obstructions holding the prosperity of the global high voltage direct current transmission system market.

Based on system component, the FMI report segments the global HVDC transmission system market into solutions and services. The solutions segment is further sub-segmented into AC and DC harmonic filters, converters, DC lines, circuit breakers, and others.

Technology-wise, the market has been bifurcated into LCC, VSC, and others. On the basis of deployment, the market for HVDC transmission system has been classified into overhead, underground, subsea, and combination. Based on power rating, the market has been segmented into below 1,000 MWs, 1001 to 2000 MWs, and 2,001 MWs and above.

Geographically, the report takes stock of the potential of high voltage direct current transmission system market in the regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific except Japan (APEJ), and the Middle East and Africa (MEA) and in the country of Japan.

While North America is highly lucrative region and Europe will continue to pose widespread opportunities owing to increasing number of grid connections, the APEJ region is expected to turn highly lucrative on the back of the emerging economies of India and China.

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Key Segments Covered

By System Component

• Solutions
  • AC and DC harmonic filters
  • Converters
  • DC lines
  • Circuit breakers
  • Others
• Services

By Technology

• LCC
•  VSC
• Others

By Deployment

• Overhead
• Underground
• Subsea
• Combination

By Power Rating

• Below 1000 MWs
• 1001 to 2000 MWs
• 2001 MWs and above

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• MEA

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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200 Continental Drive, 
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The electronic lab notebook (ELN) market income added up to ~US$ 421.0 Mn in 2021. The electronic lab notebook (ELN) market is projected to arrive at ~US$ 1,180.3 Mn by 2029, developing at a CAGR of 13.9% for 2022 – 2029.

A new Future Market Insights (FMI) concentrate on tracks how the reception of electronic lab notebook (ELN) programming is getting down to business in the worldwide market. Set to observe a twofold digit CAGR throughout the following ten years, the worldwide ELN programming market will outperform a billion-dollar incomes by 2029 end.

Expanding interest for laboratory data the board frameworks (LIMS), chromatography information frameworks (CDS), logical instrumentation, and logical information the executives frameworks (SDMS) will set out potential development open doors for the electronic lab notebook (ELN) programming suppliers.

Other key development powerhouses related with market incorporate basic requirement for decreasing information audit and process durations, data catching and reuse, staying away from rehashes, and reexamination in the existence sciences industry application.

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Key Takeaways – Electronic Lab Notebook (ELN) Software Market Study

• Increasing outsourcing of manufacturing and R&D activities by pharmaceutical companies from other regions such as North America and Europe are resulting in high demand for ELN for efficient laboratory data management and regulatory compliance.
• Emerging cloud-based technology provides web and cloud-based solutions for various factors such as cost-effectiveness, real-time analytics, easy access to data, integration with other systems & software, sharing of data internally and externally, scalability and flexibility.
• Software solution based segment electronic lab notebook (ELN) software market is expected to generate an incremental opportunity of ~US$ 611 Mn during the forecast period.

Product Innovation Key to Enhance Remote Sensing Technology

Key vendors are focusing on adoption of electronic lab notebook (ELN) software for conducting research in the life sciences industry under various domains such as pharmaceuticals, chemicals and others and follow a practice of recording daily activities.

• For instance, Scilligence Corporation offers electronic lab notebook (ELN) software for training graduate and undergraduate students in industrial standards and processes. It also allows students to run ELN in their own devices (computers, iPad, Android tablet, etc.), without any software installation.
• For instance, Arxspan LLC. offers ArxLab electronic lab notebook (ELN) software preconfigured for biology application. It consists of a cloud-based architecture and helps to streamline workflows, protect sensitive IP (Intellectual Property), increase productivity and is compliant to standard regulations.

Rapid infrastructure development and growing awareness regarding various technological advancements are major factors contributing to the growth of the MEA electronic lab notebook (ELN) software market. Infrastructure for the life sciences industry has been witnessing significant growth in the recent past, owing to changing government policies, development of health care systems, and increasing population in countries of the region.

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Competitive Landscape

Many key players are inclined at investing heavily in lab automation technology research and development practices to uncover increased applications of electronic lab notebooks. With the use of technology, vendors are also focusing on lowering the cost of electronic lab notebook, and customer satisfaction for captivating an increased customer base.

• For instance, in November 2019, Thermo Fisher Scientific introduced latest forensic laboratory qualified capillary electrophoresis platform. The platform is designed for both new and experienced users who need a simple instrumentation experience for forensic analysis.

Learn More About Report Inclusions

In this report, the global electronic lab notebook (ELN) software market is tracked in terms of value, and is calibrated to obtain the market revenue estimates. The report is categorically split into six major sections, namely market analysis by solution such as software (laboratory information management system (LIMS) platform and electronic lab notebook (ELN) software) and services (Validation services, consulting services, implementation and integration services, support and maintenance, training)

by license (proprietary ELN, open source ELN), by deployment (cloud and on-premises), by enterprise size (small & medium and large), by pricing model such as subscription model (monthly subscription & annual subscription) and one time license, and industry (healthcare and life sciences, energy, food & beverages, academic & scientific research, petrochemicals, mining and metals, others), across seven major regions.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Solution Innovation / Development Trends

4. Key Success Factors

4.1. Solution Adoption / Usage Analysis

4.2. Solution USPs / Features

4.3. Strategic Promotional Strategies

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Electronic Lab Notebook (ELN) Market Outlook by Category

By Solution:

• Electronic Lab Notebook (ELN) Software
• Electronic Lab Notebook (ELN) Services

By Deployment :

• Cloud
• On-Premises

By Enterprise Size:

• Small & Medium Enterprises
• Large Enterprises

By Industry :

• Healthcare & Life Sciences
• Energy
• Food & Beverages
• Academic & Scientific Research
• Petrochemicals
• Mining & Metals
• Others

By Region :

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan
• Japan
• Middle East & Africa
• GCC Countries
• Emerging Countries

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Quality and compliance management solution market arrived at a valuation of around US$ 23.5 Bn in 2021, to ascend at a high CAGR of 9.4% to surround US$ 44 Bn by 2030. Merchants working in the worldwide quality and compliance management solutions market are completely utilizing mechanical advances in versatile applications and data innovation frameworks by consolidating portability in their solutions.

One of the essential targets of adding versatile capacities to quality and compliance management solutions is to increase the end client experience and functional productivity of the business.

One more pattern getting some decent momentum in the quality and compliance management frameworks market is information examination, with market members involving the compliance advantages of information perceivability in big business risk management.

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In the overall market for quality and compliance management frameworks, key organizations are zeroing in on conveying overhauled solutions. As a result, Future Market Insights expects the overall quality and compliance management frameworks market to increment fundamentally in income.

The worldwide market for quality and compliance management solutions is projected to arrive at a valuation in overabundance of US$ 38 Bn toward the finish of 2028, up from an expected US$ 14 Bn by the end of 2022. A development pace of 8.6% during the period 2022 – 2028 is the consequence of developing reception of cloud-based quality management solutions.

The market is likewise seeing expanding demand inferable from cutting edge elements, for example, a solid framework structure and constant information following.

Opportunity Analysis of the Global Quality and Compliance Management Solutions Market Reveals a Strategic Shift from Manual Systems to Integrated Solutions

Global enterprises are fast moving from manual systems towards integrated solutions that come with the capability to comprehensively manage all data and quality-related processes. Fully configurable quality management solutions are securely integrated with enterprise legacy systems and facilitate product quality enhancement right from concept through obsolescence within a closed loop corrective action environment.

These solutions provide increased visibility into quality and compliance activities with enhanced connectivity to build collaboration between multiple functions. This is creating lucrative growth opportunities for providers in the global quality and compliance management solutions market.

COVID-19 Impact on Quality and Compliance Management Solution Market

The COVID-19 pandemic has had an impact on businesses across the globe.

COVID-19 had a considerable impact on the technology sector since its beginning. The technology industry was harmed by disruptions in the electronic supply-value chain and raw material supply.

Cloud computing platforms and build-your-own-devices are becoming increasingly popular as ways to support remote working. The acceptance of remote working, on the other hand, has had a favorable impact on the sector.

A good outlook is projected as a result of the rapid focus on integrating digital techniques and big data analytics in the IT services and technology industries. Market participants are employing innovative methods to address the problems that quality and compliance management solutions are anticipated to face.

Quality and Compliance Management Solution Market Competitive Landscape

Key quality and compliance management solution providers are focused on providing enhanced solutions in the global market.

By eliminating the need to track business critical processes from a host of different systems, the latest quality and compliance management solutions enable businesses to increase operational efficiency and reduce compliance costs. This has led to a surge in demand for quality and compliance management solutions across multiple industries.

For instance,

• In December 2019, NTT Group launched a compliance management system based on robotic process automation (RPA). Internal-HR data analysis and compliance on-premise and cloud-based solutions are available with this solution.

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Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

3. Market Background

3.1. Macro-Economic Factors

3.2. Forecast Factors – Relevance & Impact

3.3. Value Chain

3.4. Market Dynamics

3.4.1. Drivers

3.4.2. Restraints

3.5. Opportunity Analysis

4. Market Forecast

4.1. Market Size and Y-o-Y Growth

4.2. Absolute $ Opportunity

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Key Segments Covered in QMS Industry Research

QMS Market by Module:

• Document and Product Management
• Quality Management
• Change Management
• Audit Management
• Governance and Compliance Management
• Supplier Management

QMS Market by Component:

• QMS Software
• QMS Services
  • Consulting Services
  • Managed Services

QMS Market by Company Size:

• Large Enterprises
• Small and Medium Enterprises

QMS Market by Implementation Model:

• On-premise QMS
• Cloud QMS

QMS Market by Industry:

• QMS for Aerospace & Defense
• QMS for Automotive
• QMS for Consumer Goods and Retail
• QMS for Healthcare
  • Pharmaceuticals
  • Biopharmaceuticals
  • Diagnostic Lab
  • Blood & Tissue Banks
  • Clinical Research Organizations
  • Hospitals & Clinics
• QMS for ITES & Telecom
• Others

QMS Market by Region:

• North America Quality and Compliance Management Solution Market
• Latin America Quality and Compliance Management Solution Market
• Europe Quality and Compliance Management Solution Market
• East Asia Quality and Compliance Management Solution Market
• South Asia & Pacific Quality and Compliance Management Solution Market
• Middle East & Africa (MEA) Quality and Compliance Management Solution Market

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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