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With their ability to continuously discharge significantly high volumes of condensate, the demand for steam trap monitors has increased across various end-use industries, such as power generation, water & wastewater, food & beverage, and chemical. While steam trap are becoming ubiquitous in a broadening range of end-use industries, poorly monitored steam traps can cost end users billions of dollars of wasted energy, and this is boosting demand for steam trap monitors in diverse industrial applications. 

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The steam trap monitor market has gained momentum in the past few years, as leading market players introduced innovative features, such as minimal condensate backup and improve air venting ability, with advent of advanced technologies. The adoption of next-generation technological solution has increased, as steam trap monitor manufacturers are adopting strategies to meet the specific requirements of end users from various industries, especially the oil & gas industry. Increasing growth of the oil & gas industry is expected to have an impact on demand and sales of steam trap monitors in the upcoming years.

Steam Trap Monitor Market – Notable Developments

Armstrong International Inc., Emerson Electric Co., GESTRA AG, Mosto Technologies, Inc., Forbes Marshall, Spirax-Sarco Engineering Plc., Flowserve Corporation, ThermaXX Jackets, LLC, and CIRCOR International, Inc., are among the prominent companies in the steam trap monitor market. Leading players as well as new entrants in the steam trap monitors landscape are focusing on adopting innovative technological solutions to enhance the accuracy and reliability of these solutions. Some of the prominent examples include:

• PsiKick – a venture-backed startup and manufacturer of Internet of Things (IoT) systems, which changed its name to Everactive in June 2019, announced that it has launched a new battery-less steam trap monitor integrated with IoT sensors, in September 2018. The company declared that its new product has been designed to offer cost-saving inputs for end users in various industrial practices such as heating, sterilization, power generation, and manufacturing, by continuously assessing steam traps with the help of IoT sensors.
• In December 2018, Armstrong International, Inc. – a thermal utility company – announced that it has launched a hand-held, wireless steam trap monitoring solution – SAGE UMT™. The company also stated that its new steam trap monitoring solution has been designed with radio-frequency identification (RFID) technology, in order to enable accurate monitoring of steam trap performance. SAGE UMT is also integrated with piezoelectric acoustic and non-contact infrared temperature sensors, which can accurately identify and locate steam traps in various environmental conditions.
• In May 2019, Thermaxx, LLC – a manufacturer of reusable insulation jackets – announced that it has partnered with PsiKick, Inc. to jointly deliver smart, IoT-based industrial steam trap monitors and offer energy efficiency solutions for various commercial and industrial insulation applications. Thermaxx announced that its Smart Jackets will be integrated with PsiKick’s batteryless steam trap monitors to offer an all-in-one and real-time solution for measurement and verification, insulation, and steam trap failure detection.

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By Market Segmentation 

The steam trap monitor market can be bifurcated on the basis of:

• End-use Industry
• Technology
• Material
• Trap Type
• Region

Based on End-use Industry:

• Pharmaceutical
• Chemical
• Food & Beverages
• Automotive
• Downstream Hydrocarbons
• Defense
• Water & Wastewater
• Power generation
• Oil & Gas
• Pulp & Paper

Based on Technology:

• Wired
• Wireless

Based on Trap Type:

• Mechanical Traps (inverted bucket & Float and Thermostatic)
• Thermodynamic Traps
• Venturi or Orifice Traps
• Thermostatic Traps

Based on Material Type:

• Steel
• Iron
• Others

Based on Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific
• Middle East & China

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Convergence of the Industrial IoT (IIoT) Technology Underscores an Emerging Trend

As automation is becoming an indispensable part of any industrial operation, the integration of IoT to enhance the efficiency and accuracy of steam trap monitors is becoming a popular trend in the market. With advent of IIoT technology, leading manufacturers in the steam trap monitor market are focusing on reducing the drawbacks of steam trap systems, such as the possibility of leakages.

In addition, unmaintained steam trap monitors can give inaccurate results, resulting in high failure rates. Manufacturers are introducing IIoT-enabled wireless steam trap monitors, which are a wireless, handheld equipment with improved battery life and the predictive maintenance feature, to gain a competitive edge in the steam trap monitor market.

The parental control software market is expected to increase from US$ 90.9 Mn in 2018 to US$ 223.1 Mn by 2028, expanding at a CAGR of 9.4% in terms of revenue during the forecast period (2018-2028). In a new report by Future Market Insights, the parental control software market is tracked in terms of value and is calibrated to obtain the market revenue estimates. With an increase in technological advancements, the demand for Internet-enabled devices has increased from children and young consumers. Adoption of Internet-enabled devices such as smartphones, tablets, Macs, and TVs has increased among children and youngsters for various purposes such as for online gaming, live streaming, communicating with friends, audio, video, and also surfing explicit websites.

However, the lack of awareness of parental control software and solutions and low computer literacy are the major challenges that threaten to restrict revenue growth of the parental control software market.

The safety and security of children from online threats is a major concern of parents around the world. By installing a suite of parental control software in computing devices, parents can monitor their children’s activities related to personal information, such as phone numbers, addresses, and passwords. To secure children and teenagers from online predators, parents around the globe are increasingly using parental control software, which help in protecting personal information, restricting and blocking harmful content, and also help in tracking the location of children.

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Parental Control Software Market: Segmentation & Analysis

To understand and assess the demand and opportunities in the parental control software market, the report is categorically split into three major sections, namely, market analysis by deployment, by platform, and by region.

The section – market analysis by deployment, comprehensively analyses the parental control software market on the basis of on-premises and cloud in terms of value for 2018-2028. In 2017, the cloud segment dominated the parental control software market, followed by the on-premises segment. Moreover, the cloud segment is projected to expand at the fastest CAGR of 10.1% over the forecast period in the parental control software market in terms of revenue, followed by the on-premises segment.

The section – market analysis by platform, analyses the parental control software market by different platforms, and data is provided in terms of value for 2018-2028. The Android segment is expected to expand at a significant CAGR of 9.8% in terms of value during the forecast period. In terms of market share, the Android segment also accounted for a major percentage of the revenue share of the overall parental control software market in 2017, and is expected to dominate the parental control software market throughout the forecast years, followed by the iOS and Windows segments.

The section – market analysis by region, includes an in-depth country level analysis of all global regions, namely North America, Latin America, Western Europe, Eastern Europe, SEA & Others of APAC, China, Japan, and Middle East & Africa, by deployment, platform, and countries; and provides market data in terms of value for 2018-2028 for the parental control software market. In 2017, the parental control software market in North America dominated the global parental control software market, followed by the market in SEA & Others of APAC.

Key Segments Covered

• Deployment
  • On-premises
  • Cloud
• Platform
  • Android
  • iOS
  • Windows

Key Regions Covered

• North America Parental Control Software Market
  • U.S.
  • Canada
• Latin America Parental Control Software Market
  • Brazil
  • Mexico
  • Rest of Latin America
• Western Europe Parental Control Software Market
  • Germany
  • France
  • U.K.
  • Spain
  • Italy
  • Benelux
  • Rest of Western Europe
• Eastern Europe Parental Control Software Market
  • Russia
  • Poland
  • Rest of Eastern Europe
• SEA and Others of APAC Parental Control Software Market
  • India
  • Australia & New Zealand
  • ASEAN
  • Rest of APAC
• Japan Parental Control Software Market
• China Parental Control Software Market
• MEA Parental Control Software Market
  • GCC Countries
  • Turkey
  • South Africa
  • North Africa
  • Rest of MEA

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Parental Control Software Market: Top Companies

Key players reported in this study on the global parental control software market are Norton (Symantec Corporation), Kaspersky Lab, Qustodio LLC, Mobicip, LLC, uKnow.com, Salfeld Computer GmbH, FamilyTime, SafeDNS, Inc, mSpy, Bitdefender, Content Watch Holdings, Inc., TeenSafe Inc., and Bark.

Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Future Market Insights has recently published a market research report about the marine electronics market during 2014 – 2018 and forecast for 2019 – 2029. There has been significant growth in the demand for boats and ships for fishing, logistics, and recreational water activities across the world since the past few years, especially in developing countries such as China, Brazil, India, and Mexico, which is contributing to the growth of the marine electronics market. Moreover, increase in oceanic trade is also creating potential growth opportunities for the marine electronics market. In addition, the increasing adoption of new and advanced equipment for marine navigation and communication is propelling the growth of marine electronics market.

Surge in industrialization and globalization is resulting in an increase in demand for ships and boats, which is ultimately driving the growth of the marine electronics market. Moreover, growing concerns regarding search & rescue, safety & security, and aid for the monitoring and navigation of marine transportation has increased the use of marine electronics devices. Furthermore, governments of various countries are also implementing various regulations for the mandatory installation of AIS in ships and boats which is, in turn, is fuelling the growth of the marine electronics market.

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Defence Industry Remains Key Revenue Contributor

The increasing demand for marine electronics solutions from the defence sector is also generating potential growth opportunities for the marine electronics market. In order to increase coastal safety and security, the Coast Guard Office of Navigation Systems and Coast Guard Research and Development Center are working for the improvement of communication and navigation for continuous broadcast and autonomous systems. Moreover, constant research and development by the defence sector for the improvement of marine navigation and communication is one of the major factors contributing in the growth of marine electronics market.

In the past few years, ocean carriage has witnessed significant growth in European and Asian countries. Counties in these regions, such as, India, China, Japan, France, and Germany, have large logistical operations that require continuous communication and monitoring. This creates potential demand for advanced monitoring systems in these regions and therefore, key players in the marine electronics market are focusing on offering advanced marine communication and navigation systems.

FMI has segmented the global marine electronics market on the basis of component, application, and region. Based on component, the global marine electronics market is sub-segmented into hardware and software. The hardware segment is further sub-segmented into GPS & radar systems, multi-function navigation, fish finders/SONAR modules, thermal & visible cameras, marine VHF communication devices, audio/video equipment, marine autopilots, autonomous identification systems, analogue & digital communication display, and satellite TV.

Key Segment

By Component

• Hardware
  • GPS & Radar Systems
  • Multi-function Navigation
  • Fish Finders/SONAR Modules
  • Thermal & Visible Cameras
  • Marine VHF Communication Devices
  • Audio/Video Equipment
  • Marine Autopilots
  • Autonomous Identification Systems
  • Analogue & Digital Communication Display
  • Satellite TV
• Software

By Application

• Merchant Marine
• Fishing Vessel
• Yachts/Recreation
• Military Naval
• Autonomous Shipping
• Smart Boat
• Underwater Drones

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• SEA & Others of APAC
• China
• Japan
• Middle East & Africa

SEA&P Likely to Soon Outpace Europe

Based on application, the global marine electronics market is sub-segmented into merchant marine, fishing vessel, yachts/recreation, military naval, autonomous shipping, smart boat, and underwater drones. Among these, the underwater drones sub-segment is expected to witness a high growth rate during the forecast period, owing to the increasing adoption of underwater drones for a wide range of underwater operations and inspection activities.

In addition, on the basis of geography, Europe is expected to dominate the global marine electronics market. However, in the next few years, the SEA & Others of APAC region is expected to surpass Europe to become the leading region in global marine electronics market owing to the increasing marine activities and growing demand for advanced ships & boats in the countries of this region.

Some of the key players in the global marine electronics market research report include Navico, Furuno Electric, Garmin Ltd., FLIR Systems, Raytheon Company, Transas, Wärtsilä SAM Electronics, SRT Marine Systems, Icom Inc., Kongsberg Maritime, and Japan Radio. These companies in the marine electronics market are continually focusing on providing advanced marine electronics products and solutions by leveraging the latest technologies to enhance and expand their product portfolio with new innovations and technological advancements.

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Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

The global supercapacitors market is expected to grow from US$ 908.1 Mn in 2018 to US$ 5,529.2 Mn by 2028, expanding at a CAGR of 19.8% in terms of revenue during the forecast period (2018-2028). In this report, the global supercapacitors market is tracked in terms of value, and is calibrated to obtain the market revenue estimates.

Supercapacitors (also known as ultracapacitors), a type of capacitor, are energy storing components which have advanced features in comparison to conventional capacitors (electrolytic and ceramic capacitors), such as high energy density, faster charging and discharging, high power density, etc. A supercapacitor is made of electrodes, covered with a layer of activated carbon for increasing its surface area, and an electrolyte which acts as the separator or the dielectric, when compared to a convectional supercapacitor. Technological advancements have led to the introduction of two more types of supercapacitors, i.e. pseudo-capacitors and hybrid capacitors. Since their inception, due to the mixed features of a Li-ion battery and a supercapacitor, a high demand for hybrid capacitors is being witnessed in the market. Supercapacitors have applications across various industry verticals, especially in electronics, automotive and transportation, and energy and power. In addition to this, continuous research and development is under process for further enhancing the features of the product. Owing to this, graphene-based supercapacitors have also been launched in the market, which possess higher charge holding capacity when compared to hybrid capacitors. The market has witnessed considerable traction in the past, and is further expected to witness a boom during the forecast period.

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However, the high costs associated with the product and lack of awareness and resources in some countries, globally, and a higher preference for Li-ion batteries across some industry verticals are some of the major challenges that hamper the growth of the supercapacitors market.

To understand and assess the demand and opportunities in this market, the report is categorically split into four major sections, namely, market analysis – by type, by application, by vertical, and by region.

On the basis of type, the market is segmented into electrical double layer capacitors (EDLC), pseudo-capacitors, and hybrid capacitors. The EDLC segment is expected to dominate the market throughout the forecast period, and enjoy a market share of 74.9% and 67.0% in 2018 and 2028, respectively.

On the basis of application, the market is segmented into consumer electronic devices, automobiles, grid stabilization, trains, locomotive systems (cranes and elevators), aircraft, and others. Consumer electronics is expected to dominate the market in the majority duration of the forecast period. The automobiles segment is expected to overtake the consumer electronics segment in the latter half of the forecast period, owing to the high CAGR associated with it. The automobiles segment is expected to grow from US$ 199.4 Mn in 2018 to US$ 1,673.2 in 2028.

On the basis of vertical, the market is segmented into automotive and transportation, industrial, electronics, energy and power, military and defense, aerospace and aviation, and others. The automotive and transportation segment is expected to dominate the market throughout the forecast period, and enjoy a market share of 29.0% and 39.1% in 2018 and 2028, respectively.

Key Segments Covered

Type

• Electrical Double Layer Capacitors
• Pseudo-capacitors
• Hybrid Capacitors

Application

• Consumer Electronic Devices
• Automobiles
• Grid Stabilization
• Trains
• Locomotive Systems (Cranes and Elevators)
• Aircraft
• Others

Vertical

• Automotive and Transportation
• Industrial
• Electronics
• Energy and Power
• Military and Defense
• Aerospace and Aviation
• Others

Key Regions covered:

• North America
  • U.S.
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Western Europe
  • Germany
  • France
  • U.K.
  • Spain
  • Italy
  • Benelux
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • Rest of Eastern Europe
• SEA and other of APAC
  • India
  • Australia & New Zealand
  • ASEAN
  • Rest of APAC
• Japan
• China
• MEA
  • GCC Countries
  • Turkey
  • South Africa
  • North Africa
  • Rest of MEA

The section – market analysis by region, includes an in-depth country level analysis of all global regions, namely, North America, Latin America, Western Europe, Eastern Europe, SEA and Others in Asia Pacific, Japan, China, and MEA, by product type, by printing technology, by industry, and by country; and provides market data in terms of value for 2018-2028. In 2017, the market in North America dominated the overall global supercapacitors market (given Asia Pacific is considered separately as three regions, i.e. China, Japan, and SEA and Others of APAC), while the fastest growing region in the market is China. North America is further expected to hold a majority of the market share in 2028 as well.

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The key players reported in this study on the global supercapacitors market are Maxwell Technologies, KEMET Corporation, Eaton, AVX Corporation, CAP-XX, Murata Manufacturing Co., Ltd., Nippon Chemi-Con, Ioxus Inc, Panasonic Corporation, Blue Solutions, YUNASKO, VINATech Co., Ltd., FastCAP, LS Mtron, and Tecate Group

Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

The global magnetic sensor market is expected to expand at a CAGR of 4.8% during the forecast period. The global magnetic sensor market was valued at US$ 1,906.1 Mn in 2018, and is projected to increase significantly to reach US$ 3,053.5 Mn by 2028, due to an increase in the demand for magnetic sensors for multiple applications in automotive and IoT.

Future Market Insights (FMI) recently published a report titled ‘Magnetic Sensor Market – Global Industry Analysis 2013-2017 and Forecast 2018-2028’. A magnetic sensor is a small-scale micro electrochemical system (MEMS) device for detecting and measuring magnetic fields. This sensor acts as a transducer which varies its output voltage in reaction to a magnetic field. These type of sensors are used for proximity switching, speed detection, positioning, and current sensing applications. Moreover, these sensors also detect changes and disturbances in a magnetic field, like flux, strength, and direction. This report includes magnetic sensors which are based on Hall Effect, AMR (Anisotropic Magneto-Resistive), GMR (Giant Magneto-Resistance), and TMR (Tunnel Magneto-Resistance) technologies.

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The global magnetic sensor market is categorized by technology, application, and region. By technology, the market is segmented as Hall effect, AMR (anisotropic magneto-resistive), GMR (giant magneto-resistance), and TMR (tunnel magneto-resistance). The Hall Effect sub-segment is expected to account for a relatively higher CAGR of 5.2% during the forecast period. The Hall Effect sub-segment also accounted for the largest market share of 45.4% in 2017. Moreover, technological advancements in vehicle technology, increasing electrifications, and the growing demand for smart products are some of the major factors which are fuelling the growth of the global magnetic sensor market.

On the basis of application, the global magnetic sensor market is segmented by industrial, automotive, consumer electronics, and others. The automotive sub-segment accounted for a relative higher CAGR of 5.3% because of an increase in the demand for connected vehicles and advanced driving assistance.

Key Segments Covered

By Technology

• Hall Effect
• AMR
• GMR
• TMR

By Application

• Industrial
• Automotive
• Consumer Electronics
• Others

Key Regions covered:

• North America
  • U.S.
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Western Europe
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Benelux
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • Rest of Eastern Europe
• SEA & Others of APAC
  • China
  • India
  • Australia & New Zealand
  • ASEAN
  • Rest of APAC
• China
• Japan
• MEA
  • GCC Countries
  • Turkey
  • South Africa
  • North Africa
  • Rest of MEA

Among the regions, North America accounted for the largest market share in 2018. The increasing number of vehicles and an increase in the production of automotive parts are important factors which are driving the growth of the magnetic sensor market in North America. The magnetic sensor market in SEA & Others of APAC is expected to account for a relatively higher CAGR of 5.9% during the forecast period. Also, the demand for magnetic sensors is increasing in the markets in Western Europe, China, and Japan.

The rapid growth in the demand for smart devices in emerging economies such as India, China, and Japan is attracting several magnetic sensor manufacturers. Smart device and consumer electronic device manufacturers can create abundant opportunities for the development of advanced magnetic sensors. Furthermore, with the growth of industrial automation systems, collaboration with electronic device manufacturers can generate potential opportunities for magnetic sensor manufacturers to provide magnetic sensors with advanced features which have high sensitivity and reliability.

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Some of the popular vendors in the magnetic sensor market are Texas Instruments Incorporated, Infineon Technologies AG, NXP Semiconductors, STMicroelectronics, TE Connectivity, Analog Devices, Inc., Asahi Kasei Corporation, Honeywell International Inc., and Diodes Incorporated.

Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

A new research report of Future Market Insights (FMI) tracks global compost turning machine market performance over 2018-2028 and analyzes the demand patterns of compost turning machine on the basis of various attributes such as product type, output capacity, end-use industries, and region.

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Drum type compost turner machine is likely to maintain a dominating market value share through 2028, as indicated by the report. However, elevating face type compost turner machine that currently accounts for more than a third of the total market value, is projected to gain significant traction in the years to come. The report has attributed this growth to manufacturers’ focus on developing new technologies for compost turning machines as per the demand from different countries.

Developed Regional Markets for Compost Turning Machine to Hold Noteworthy Revenue Shares:Compost turning machine market in fast progressing Asian countries such as India and China is also registering significant growth owing to stringent government regulations that are likely to promote the use of these equipment in food manufacturing plants.

Agriculture industry in North America and Western Europe is heavily mechanized and commercialized. While agriculture is a major industry in both Canada and the US, the former has been one of the largest agricultural exporters and producers around the world. Moreover, highly developed agricultural practices in North America will provide endless opportunities to compost turner machine manufacturers during the forecast period.

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Segmentation:

The agricultural end use of compost turning machine is expected to be a highly influential segment in compost turning machine market, according to the report. FMI has attributed the maximum market value share of agricultural industry in compost turning machine market to the growing demand for compost for the maintenance of organic carbon content of soil, eventually improving the uptake of nutrients by soil. Also, these machines reduce the use of fuel consuming land preparation processes owing to improvement in soil health, further advocating the adoption of compost turning machines.

By Product Type

Drum (Compost Turning Machine), Elevating Face (Compost Turning Machine).By Output Capacity

< 500 cubic meters per hour, 500 – 1000 cubic meter per hour, >1000 cubic meter per hour.By End Use

Construction Industry (Compost Turning Machine), Agriculture Industry (Compost Turning Machine), Manufacturing Industry (Compost Turning Machine).By Region

North America, Latin America, Western Europe, Eastern Europe, South East Asia & Pacific, China, India, Japan, Middle East and Africa.Ask Us Your Questions About This Report:
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Amongst all product types, the elevating face segment is estimated to be a noteworthy segment in the compost turning machine market. The Elevating face type compost turning machine is an emerging technology in the compost turning machine market as it introduces a huge amount of oxygen into the compost.

The elevating face segment is thus anticipated to grow at a high CAGR during the projected period as compared to its counterparts. However, in the current market scenario, both in terms of value and volume, the drum type compost turning machine is estimated to remain the dominant type in the compost turning machine market over the forecast period.

Competitive Landscape

Some of the players profiled in the global compost turning machine market report include Terex Corporation, Vermeer Corporation, Eaggersman AG, Scarab International, Midwest Bio-Systems, Inc., Brown Bear Corporation, EarthSaver Equipment Inc., Komptech Group, Frontier Industrial Corporation, Alliance Fertilizer Machinery, HCL Machine Works, and Blue Group among others. Manufacturers are likely to maintain the focus on product technology innovations for sustained market value shares in the compost turning machine landscape.

With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring companies miss out on more than 50% qualified candidates and tech firms incorrectly classify up to 80% of candidates.

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Machine Learning to Transform the Talent Acquisition Process

In the war to hire rock star candidates, the global talent acquisition & staffing technology and services market is undergoing a sea change. However, true potential will be unlocked only when organisations focus on the power of machine intelligence wherein experts build a knowledge graph of the existing workforce and the positions required within an organisation. This data-driven knowledge graph will broaden the scope; hiring companies would no longer have to manually dig through thousands of candidate applications and can leverage intelligent recommendations through machine learning. While machine learning would automate various repetitive aspects of the recruitment process, it would also help identify top candidates from large talent pools on job boards.

Recently launched Google’s ‘Cloud Job Discovery’ that provides plug-and-play access to Google’s search and machine learning capabilities has helped more than 3,000 job seekers connect with employers on various job boards and company career sites. The Cloud Job Discovery tool encompasses the entire recruiting ecosystem and has been designed to provide an improved candidate-employer experience. Google has also launched a tool called ‘Google for Jobs’ that gives smart recommendations to job seekers and helps them find the right jobs.

Market Segmentation

By Category Type

• Marketing Advertising
  • Job Posting
  • Employer Branding
  • Recruitment Marketing
• Technologies
  • Integrated ATS
  • Standalone ATS
  • Point Solution & Sourcing Tools
• Services
  • Recruitment Process Outsourcing
  • Contingent Staffing Services
  • Background Screening Services
  • Other Search Services

By Industry Type

• Education
• Manufacturing
• BFSI
• Healthcare
• IT & Telecommunication
• Energy
• Retail
• Transportation
• Others

By Platform Type

• Internal Referrals
• Other Internet Platforms
• Social Platforms

Chatbots for Candidate Engagement Trending the Global Market

Automation has permeated nearly every sector, with chatbots being the latest addition to the HR toolbox. Hiring companies are now using smart algorithms to screen candidate resumes and are deploying intelligent recruitment assistants to identify top prospects; pre-screen candidates; and to facilitate effective candidate engagement.

Recruitment Marketing and Advertising Initiatives to be the Go-to Strategy for Talent Acquisition; Interactive Recruiting to Metamorphose the Overall Hiring Experience

A recent study by Future Market Insights highlights the importance of marketing and advertising in the recruitment process. The growth in the talent acquisition market has led to the evolution of many technologies that are revolutionizing the recruitment landscape. To enhance the talent acquisition process and bring in more effectiveness, recruiting organizations are moving towards interactive hiring that requires extensive communication with the applicants in addition to the basic sourcing and recruitment process. A detailed report on the global talent acquisition and staffing technology and services market by Future Market Insights forecasts the market to reach a valuation of US$ 196,136.0 Mn by 2028, up from US$ 100,605.9 Mn in 2017. This translates to a CAGR of 6.25% during the 10 year period from 2018 to 2028.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.futuremarketinsights.com/toc/rep-gb-3300

Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

The global industrial energy management system market, as indicated by Future Market Insights, is projected to reach a market value of over US$ 50,300 Mn by the end of 2028. The sky-rocketing growth of market is also predicted to register a CAGR of 9.6% during the forecast period, 2018-2028.

The energy conservation emergency has led to a rise in the dependency on industrial energy management system. These systems are responsible for efficiently managing various industries and their consumption of energy by industrial applications. The complexities of an industrial application are handled by energy management systems as they optimize the energy balance, reduce energy consumption, increase productivity, and reduce the coal gas discharge. Several governments across the globe are also encouraging adoption of industrial energy management systems by industries, creating a favorable scenario for market growth.

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Businesses Embracing Cloud Computing for Increased Efficiency & Scalability

Demand for energy efficient solutions can never lower down. Energy is used in every sector, either in the form of conventional or non-conventional sources. However, the rising needs of electricity has inclined the industries more towards the use of electricity in every way possible, to meet the demand for highly advanced technologies. This creates scope for energy efficient systems that are necessary for the effective utilization of energy as well as to reduce costs and improve profitability, adhering to environmental regulations. Green initiatives proposed by various governments have introduced new policies for energy conservation and reduced carbon footprint. The real-time monitoring of energy consumption patterns is expected to play an important role in market growth over the forecast period.

Furthermore, as the technology and systems advances, cloud computing also marks its presence in the global industrial energy management systems market. Its offers benefits like updating and upgrading software in real time, facilitating users to utilize the data more efficiently. In the energy management space, industries are increasingly adopting cloud-based software to gain significant benefits such as scalability, robustness, user-friendly access, low cost, reduced complexity, and a granular level of visibility of energy consumption information. Adoption of cloud computing is anticipated to be on the rise among businesses, to improve overall efficiency.

Key Segment

By Component

• Technology
  • Energy Platform
  • Distributed Control System (DCS)
  • Meter Data Management (MDM)
  • Peak Load Control System (PLCS)
  • Programmable Logic Controls (PLC)
  • Energy Analytics
  • Supervisory Control And Data Acquisition (SCADA)
  • Energy Management Information System (EMIS)
• Hardware
  • Communication Network Hardware
  • Industrial Hardware
    • Smart Meters
    • Heating, Ventilating, and Air Conditioning (HVAC)
    • Load Control Switch (LCS)
    • Transmitters
    • Human Machine Interface (HMI)/Operator Panels
    • Others
• Services
  • Consulting
  • System Integrators
  • Maintenance & Support Services

By End User

• Automotive
• Construction
• Electronics
• Food & Beverages
• Mining
• Oil & Gas
• Petrochemicals
• Utilities

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• South East Asia & Pacific
• China
•  Japan
• Middle East and Africa

Adoption of Smart Meters Will be the Key to Reduced Energy Consumption

The new advanced metering technology has eased the process of gathering detailed electricity consumption data, analytical power of facility energy management systems. It is intended to simplify the complex issues encountered by industrial energy users, and can identify energy waste in a number of categories. This technology addresses basic errors in control system programming, and errors in maintenance and servicing procedures, thereby fueling the growth of industrial energy management systems market.

Intense competition among the participants in the global industrial energy management systems market will continue to compel companies to offer a wide range of competitive services, to sustain and strengthen their market share.

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Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Delta robots are a type of parallel robots, having three arms attached to a joint at the base. These robots are also called spiders owing to their agility and spider-like arms. Delta robots are frequently used in picking and packaging applications in various factories.  They can be used to execute more than 300 picks per minute. Delta robots were initially developed for limited pay load or for packaging applications.

However, currently, these robots have gained popularity in many end-use industries, such as high speed assembling, food processing, medical & pharmaceutical and many other industries. Delta robots are smaller and quicker when compared to Cartesian robots. Moreover, maintenance of delta robots is less compared to other robots. Increasing adoption of delta robots is leading to increased productivity. That apart, these robots also help in maintaining the required hygiene standards. Hence, these significant features of delta robots will create significant demand for them in near future.

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Technological innovations and advancements coupled with development of advanced software, sensors and hardware is leading to the development of delta robots which are more intelligent and autonomous in terms of their capabilities. Growing adoption of internet of things has allowed manufacturers to control and monitor the tasks of delta robots with the help of smart devices from remote locations. This, in turn, has increased the speed of operations and decreased the manufacturing cost, which is leading to an overall increase in demand for delta robots.

Growing automation across all end-use industries to increase efficiency and overall output will drive the global market for delta robots in future. Additionally, demand for high speed with accuracy is also one of the key factors responsible for high demand for delta robots from many end use industries.

Regional Outlook

The global market for delta robots is expected to witness robust growth in the Asia Pacific region over the coming years. This can mainly be attributed to the growing packaging and assembling sectors of the region. The region is also anticipated to hold dominant share in the global delta robots market. Hence, higher share coupled with robust growth of the region is going to create healthy growth opportunities for the manufacturers of delta robots in future. Moreover, if we talk about developed countries of North America and Europe, higher demand is expected to be witnessed from assembling industries where delta robots are required to increase the efficiency and overall output. Japan is also going to hold a significant share in the global delta robots market, primarily due to higher adaptation of new and automated technologies in the country.

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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By Segment:

The global market for delta robots can be segmented on the basis of dimensions, end use and region.

On the basis of dimensions, the global delta robots market can be segmented as:

• 2D Robot
• 3D Robots
• 4D Robots
• 5D Robots
• 6D Robots

On the basis of end use, the global delta robots market can be segmented as:

• Food & Beverages Industry
• Packaging Industry
• Medical & Pharmaceutical Industry
• Electrical & Electronic Industry
• Others

On the basis of region, the global delta robots market can be segmented as:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• South East Asia and Pacific (India, ASEAN, Australia & New Zealand)
• China
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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Market Participants

Names of some of the manufacturers involved in the manufacturing of delta robots are:

• ABB
• Codian Robotics
• FANUC Europe Corporation S.A
• Omron Corporation
• Kawasaki Heavy Industries
• Penta Robotics
• Maxon Motor
• Cama Group
• Estun Automation Co., Ltd
• Robert Bosch GmbH

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

A new market research report by Future Market Insights on the level sensor market includes the global industry analysis 2014–2018 and opportunity assessment for 2019–2029. As per the findings of the report, the global level sensor market was valued at ~US$ 3,335.4 Mn in 2018, and is projected to grow at a CAGR of ~6.1% between the forecast period 2019 and 2029.

Market gains are further estimated to be underpinned by a slew of factors, with some of the being smart level sensor application and sheer proliferation of advanced industrial technologies. The growing demand for intelligent devices, which would broadly include smart level sensors and smart transmitters, to improve measurement accuracy is expected to create enormous opportunities for the global level sensor market.

Chemical and petrochemical industries would continue to sustain high demand for ultrasonic and microwave/ radar level sensors for various applications, including fuel level detection, leakage monitoring, and flow measurement. In addition, installation of water tank level controllers and automatic water level controllers for measuring the water level in well water and tanks is anticipated to drive the level sensor market growth during the forecast period.

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Demand for Ultrasonic Technology Creates New Growth Opportunities

According to the FMI analysis, ultrasonic sensors are estimated to gain end user favour by a wide margin, on account of their high sensitivity, high frequency, and high penetrating power. However, the growing transition toward microwave/radar technology is likely to be observed by the end of 2029, set in motion by growing demand for continuous level measurement of bulk solids. The oil and gas segment is anticipated to command for a significant pie of the global market share, on account of growing adoption in tank level monitoring, fuel & chemical injection and various other applications. Adoption of level sensors in waste and wastewater treatment applications is also likely to continue unabated, driven by the need of continuous monitoring of wastewater level in sewage treatment plants.

The report highlights some of the prominent market players, who have established themselves as leaders in the level sensor market. These leading players, with their ‘industry-best’ product portfolios, continue to set their course toward profitable growth through bespoke innovations and launch of new product models.  For instance, in 2017, Vega Grieshaber KG announced the launch of a new process sensor ‘PLICSCOM’ operating wireless. In 2016, Endress+Hauser AG announced the official launch of ‘tank gauging’ platform, a holistic monitoring & inventory control system for tank farms as well as terminals in the oil and gas, chemicals, and refining application units for bulk storage and transport of liquids & solids.

Mergers and acquisitions will also continue to hold a significant spot in the manufacturers’ agenda, given that these strategic alliances offer immense scope for growth via combined expertise and shared resource pools. For instance, in 2019, Rochester Gauges, LLC announced its official acquisition of FPI Sensors, which would further expand the market share of Rochester in the liquid level sensor space. As the acquisition by Rochester continues to grow on its own legacy of offering high-quality products and industry-best customer service, Rochester would get greater access to a pool of untapped opportunities and reap benefits from them.

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Level Sensor Market Structure Analysis

• The global Level Sensor market represents a fairly consolidated competition landscape, where majority of the key players maintain their strategic focus on the development of solid distribution partnerships and joint ventures, thus targeting a firmer global footprint.
• The Level Sensor market has been relatively moderate in size, which remains a key factor for its dynamic competitive nature.
• Leading manufacturers of Level Sensor are currently prioritizing R&D and new product developments to capitalize on the booming demand for ultrasonic level sensor and laser level sensor in Western Europe, and North America.
• Portfolio extension is also identified as one of the key developmental strategies adopted by manufacturers.
• For a stronger foothold in target markets, level sensor manufacturers will continue to rely on strategies such as mergers and acquisitions as well as partnerships.
• Deeper understanding of the market trends and preferential shift of industry segments across various regions are likely to create a bottleneck for prominent players that are seeking to explore the untapped opportunities in the Level Sensor market.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.