Monday, December 17, 2018

Medical Electronics Market worth 4.41 Billion USD by 2022

The report "Medical Electronics Market by Component (Sensor, Battery, Memory Device, Display, and Microcontrollers), Application (Diagnosis and Monitoring), Product (Invasive, and Non Invasive), and by Geography - Global Forecast to 2022", The medical electronics market, in terms of value, is estimated to grow at a CAGR of 5.4% between 2016 and 2022. The market for medical electronics is expected to reach USD 4.41 Billion by 2022.               
                 
Browse 99 market data Tables and 103 Figures spread through 209 Pages and in-depth TOC on "Medical Electronics Market  - Global Forecast to 2022"

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The factors driving the medical electronics market are rising ageing population and growing lifestyle diseases; rising demand for personalized, easy to use, and advanced healthcare devices; and increasing adoption of wearable electronics.

Non-invasive product market is expected to hold the largest share of the medical electronics market by 2022

The market for non-invasive products accounted for the largest share in 2015. It is expected to grow at a high CAGR between 2016 and 2022. The players of the medical electronics market are concentrating on manufacturing portable ECG devices which can be used at home by cardiac patients. ECG devices are used for cardiac treatment, and various products are being designed to provide the ease of usage to patients.

APAC expected to grow at the highest CAGR during forecast period

The market in APAC is expected to grow at the highest CAGR between 2016 and 2022. The increasing population with respiratory diseases such as sleep apnea and the aging population are the major drivers for the medical electronics market in APAC region. The medical electronics market in APAC is set to grow because of technological advancements and increased awareness amongst population. The APAC is the fastest-growing region in terms of technological advancement, healthcare infrastructure, and so on.

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The report also profiles the most promising players in the medical electronics market. The key players in the medical electronics market are  Philips Healthcare (Netherlands), Siemens Healthcare (Germany),Medtronic Plc. (Ireland), Analog Devices, Inc. (U.S.), NXP Semiconductors N.V. (Netherlands), STMicroelectronics N.V. (Switzerland), GE Healthcare, Inc. (U.S),and Texas Instruments (U.S).

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Integrated Drive Systems Market worth 38.27 Billion USD by 2022

The report "Integrated Drive Systems Market by Offering (Hardware, Software, and Services), Communication Protocol (Fieldbus, Industrial Ethernet, and Wireless: WHART, ISA100.11a, ZigBee, WLAN, Cellular), Industry, and Geography - Global Forecast to 2022", The integrated drive systems market is expected to grow from USD 23.89 Billion in 2015 to USD 38.27 Billion by 2022, at a CAGR of 6.80% between 2016 and 2022. The advancement and rapid growth in automation and adoption of energy-efficient international standards are some of the significant growth drivers for the drive systems market.

Browse 66 market data tables and 70 figures spread through 175 pages and in-depth TOC on “Integrated Drive Systems Market - Global Forecast to 2022”

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Hardware component expected to lead the drive systems market

The hardware component is expected to hold the largest share of the integrated drive systems market between 2016 and 2022. The hardware components integrated in a drive system include converters, motors, geared motors, gear units, couplings, and others. Drive systems are the key components in the automation industry; these systems are highly accurate and efficient and have low maintenance costs.
Integrated drive systems market for water and wastewater management industry expected to grow at the highest rate during the forecast period

The increasing concerns over water scarcity and declining groundwater levels led to the advent of various innovative ideas to treat wastewater. Wastewater is a combination of contaminated water from residences, business buildings, institutions, and factories. With technological advancements, the process of water treatment has become fully automated; this helps save time and assures better quality output. The major applications of integrated drive systems in the waste and wastewater management industry are in pumps, fans, and compressors.

APAC held the largest share of the integrated drive systems market in 2015

APAC held the largest share of the drive systems market in 2015. The reason for this growth is increasing industrial activity along with the high demand for faster and accurate drive systems to achieve a higher production output. The increasing demand for energy-efficient production processes coupled with the need for software systems is fostering the growth of the integrated drive systems market. The high growth observed in machine tool production and other sectors related to the production of machines and automobiles, which includes electronics assembly, semiconductor machinery, and customized robots for different applications, is one of the reasons for the growth of the integrated drive systems market in the APAC region.

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Some of the major players in the integrated drive systems market are Siemens AG (Germany), Bosch Rexroth AG (Germany), Schneider Electric (France), Rockwell Automation, Inc. (U.S.), ABB Ltd. (U.S.), Emerson Electric Co. (U.S.), Yaskawa Electric Corporation (Japan), Mitsubishi Electric Corporation (Japan), TQ Group GmbH (Germany), and Integrated Drive Systems (U.S.).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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Acousto-optic Devices Market worth 469.1 Million USD by 2022

According to the new market research report "Acousto-optic Devices Market by Device (Modulators, Deflectors, Tunable Filters, Frequency Shifters, Q-Switches), Application (Material Processing, Laser Processing, Micro Processing), Vertical, and Geography - Global Forecast to 2022", is expected to be worth USD 469.1 Million by 2022, at a CAGR of 7.24% between 2016 and 2022. The major driver for the growth of the acousto-optic devices market is the growing demand of laser applications in the life science and scientific research vertical. 

Browse 68 market data tables and 55 figures spread through 148 pages and in-depth TOC on “Acousto-optic Devices Market - Global Forecast to 2022"
 
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Demand for modulators expected to drive the growth of the acousto-optic devices market

The acousto-optic devices market for modulators is expected to grow at the highest CAGR between 2016 and 2022. Modulator is a device which is used for controlling the power, frequency or longitudinal direction of a laser beam with an electrical drive signal. The applications of this device involves various laser applications for fast optical switches, printing and marking application, and laser noise eater. Hence, the growth of the acousto-optic devices market for modulators is expected to be high in the near future.

Industrial vertical expected to witness the highest growth between 2016 and 2022

The acousto-optic devices market for the industrial vertical is expected to grow at the highest CAGR between 2016 and 2022. Acousto-optic modulators, deflectors, frequency shifters, tunable filters, and other devices have a number of important uses in industrial processes. The industrial vertical has major applications of acousto-optic devices such as laser scanning, printing, and material processing among others. These applications would boost the demand for acousto-optic devices in the industrial vertical.

Asia-Pacific expected to hold the largest market share and witness high growth between 2016 and 2022

The acousto-optic devices market in Asia-Pacific (APAC) is expected to grow at the highest CAGR between 2016 and 2022. The huge population base, increasing investments toward the development of optics technologies, large number of research and development (R&D) activities, and increasing focus of laser applications for the industrial and telecom vertical would add to the growth of acousto-optic devices market in the APAC region. In APAC, the acousto-optic devices market is majorly driven by China and Japan because of the rapid increase in industrialization in these countries. Therefore, the acousto-optic devices market in APAC is expected to grow rapidly between 2016 and 2022.

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The key players in the ecosystem of the acousto-optic devices market profiled in this report are Gooch & Housego PLC (U.K.), Isomet Corporation (U.S.), Brimrose Corporation of America (U.S.), Harris Corporation (U.S.), AMS Technologies AG (Germany), Coherent, Inc. (U.S.), AA Opto Electronic (France), A·P·E Angewandte Physik & Elektronik GmbH (Germany), IntraAction Corp. (U.S.), and Lightcomm Technology Co., Ltd. (China).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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Mr. Shelly Singh
MarketsandMarkets™ INC.
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Monday, December 10, 2018

Telepresence Robot Market: Size, Growth, Trends, Analysis, Forecast to 2023

According to the new market research report "Telepresence Robot Market by Component (Head Camera, Display, Speaker, and Microphone) and Body (Power Source and Sensor & Control system)), Type, Application (Education, Healthcare, Enterprise, and Homecare), and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the telepresence robot market is estimated to grow from USD 145.8 million in 2018 to USD 312.6 million by 2023, at a CAGR of 16.5%. The market is mainly driven by factors such as enhanced operational efficiency in enterprises due to the virtual meeting, high demand from the healthcare industry, and low cost due to the availability of supporting devices.

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Market for mobile telepresence robots to grow at higher CAGR during forecast period

The market for mobile telepresence robots is expected to grow at a higher CAGR from 2018 to 2023. The application of stationary telepresence is limited only to particular areas as these robots are used mainly for training purposes in almost every vertical. The mobility is already a major feature of mobile telepresence, and because of its added advantages, these telepresence robots can also find applications in several new verticals, such as defence, surveillance, and security.

Enterprise application held largest share of telepresence robot market in 2017

The enterprise segment accounted for the largest share of the overall telepresence robot market, based on application, in 2017. The large share of this application attributes to the growing use of telepresence robots for interactive and productive business meetings in enterprises with separated participants from different locations. The telepresence robots are the best fit for virtual presence in enterprises.

Browse in-depth TOC on "Telepresence Robot Market"
63 - Tables
28 - Figures
114 - Pages

Americas is a major consumer of Telepresence Robots

The Americas accounted for a major share of the overall telepresence robot market in 2017. The Americas is the early adopter of all service robots for all major applications such as public relations, personal assistance and caregiving, home care, enterprise, and education, which is resulting in the maximum demand for robots from this region.


The report profiles the most promising players in the market. The market is highly dynamic because of the presence of a significant number of big and small players operating in it. Key players in the market are Double Robotics (US), Inbot Technology (China), Suitable Technologies (US), Mantaro Networks (US), VGo Communications (UK), InTouch Technologies (US), Qihan Technology (China), Amy Robotics (China), Anybots (US), SuperDroid Robots (US), Ava Robotics (US), Camanio Care (Sweden), Wicron (Russia), Xandex (US), Rbot (Russia), AXYN Robotique (France), OhmniLabs (US), Swivl (US), Xaxxon Technologies (Canada), and Hease Robotics (France).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Terminal Management System Market: Size, Growth, Trends, Analysis, Forecast to 2023

According to this research report "Terminal Management System Market by Offering (Software & Services (Professional & Managed Services)), Project Type (Brownfield & Greenfield), Vertical (Oil & Gas (Upstream, Midstream, Downstream), Chemicals), and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the terminal management system market was valued at USD 725.5 Million in 2016 and is expected to reach USD 1097.7 Million by 2023, at a CAGR of 5.94% between 2017 and 2023. 

Browse 71 market data Tables and 51 Figures spread through 156 Pages and in-depth TOC on "Terminal Management System Market".


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The implementation of terminal management solution in brownfield terminals reduces operational costs, and the integrated safety and security solutions enhance the level of automation at a terminal.

Brownfield terminals expected to grow at a high rate during the forecast period

Traditional terminal infrastructure such as pipeline connections, tanker berths, and other components is already present, and therefore the automation of such existing terminals by integrating software will help increase the number of brownfield projects.
The key reason attributed to the growth of services in the terminal management system market is the growing awareness for installing automation solutions and the need for providing services, such as training and maintenance, to improve the operational efficiency of terminals and make them more efficient.

For instance, in July 2013, ABB Ltd. (Switzerland) received a contract from Amec Foster Wheeler plc (UK) to automate the bulk inventory operations management of the chemicals complex in Saudi Arabia. As per the contract, ABB Ltd. deployed its T-MAC Plus system to optimize operations, as well as increase energy efficiency, safety, and control with a scalable solution.

Terminal management system market in APAC likely to grow at a high CAGR during the forecast period

Key factors contributing to the growth of terminal management system market in APAC is the increase in the number of terminal automation projects in countries such as India, Malaysia, and the Philippines. For instance, in June 2015, Yokogawa Electric Corporation (Japan) received a contract worth approximately USD 11 million from Bharat Petroleum Corporation Limited (India) to automate its truck-loading terminals. According to the contract, Yokogawa Electric Corporation provided its terminal logistics suite, a terminal automation system (TAS), to truck loading terminals of Bharat Petroleum Corporation Limited in India.


Major players operating in the terminal management system market include ABB Ltd. (Switzerland), Honeywell International, Inc. (US), Siemens AG (Germany), Yokogawa Electric Corporation (Japan), Rockwell Automation, Inc. (US), Schneider Electric (France), Emerson Electric Corporation (US), Endress + Hauser AG (Switzerland), General Atomics Corp. (California) and Implico GmbH (Germany).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
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USA : 1-888-600-6441

Monday, December 3, 2018

LTE Advanced Pro Market by Communication Worth $8,017.5 Million by 2023 - Global Forecast to 2023

According to the latest market research report "LTE Advanced Pro Market by Communication Infrastructure (Small Cell, Macro Cell, Ran Equipment, DAS), Core Network Technology (SDN, NFV), Deployment Location (Urban Areas, Public Spaces, Rural Areas, Residential) and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the LTE Advanced Pro market is estimated to be valued at USD 150.0 million in 2018 and is expected to reach USD 8,017.5 million by 2023, at a CAGR of 121.6% between 2018 and 2023.

The market has huge potential across various deployment locations such as urban areas, rural areas, residential areas, public spaces, and retail stores. Key factors driving the LTE Advanced Pro market are improved efficiency with additional functionality; growing demand for improved network coverage, reduced latency, and optimized connectivity; and LTE Advanced Pro delivering higher bitrates in a cost-efficient manner.


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LTE Advanced Pro market for RAN Equipment to grow at the highest CAGR during the forecast period

The LTE Advanced Pro market for RAN Equipment is expected to grow at the highest CAGR between 2018 and 2023. This growth can be attributed to the introduction of and increased demand for cloud-based network architectures, such as NFV and network slicing for network capacity. Using a distributed, software-enabled network based on virtualization and new architectural approaches such as NFV and network slicing, operators and third-party service providers will be able to deploy new applications and services rapidly and in a scalable manner.

NFV to hold the largest share of the LTE Advanced Pro market by 2023

NFV core network technology is expected to hold the largest size of the LTE Advanced Pro market by 2023. Considering the fast LTE Advanced Pro gigabit speed network and yet-to-commercialize next-generation 5G network, millions of consumers and businesses are anticipated to connect to the mainstream cellular network. NFV promises to ease the load by granting service providers the flexibility to move network functions from dedicated appliances to generic servers. Using standard IT virtualization technology, NFV focuses to combine many network equipment onto standard, high-volume servers, switches, and storage; thereby making networks more agile and efficient.

Browse in-depth TOC on "LTE Advanced Pro Market"
71 - Tables
48 - Figures
184 - Pages

LTE Advanced Pro market for retail stores to grow at highest CAGR during forecast period
The LTE Advanced Pro market for the retail stores deployment is expected to grow at the highest CAGR between 2018 and 2023. Retail stores face huge increase in mobile data traffic and many outlets also face the problem of blind spots, which reduces the number of visiting customers. The growth of the cellular connectivity market for the retail application is propelled by the increasing adoption of the cloud platform, declining cost of IoT components, and need for better technology to make the retail value chain more efficient.

North America leads the LTE Advanced Pro market in terms of value

North America held the largest share of the LTE Advanced Pro market in 2017. The region is well known for the high adoption of new advanced technologies, including IoT, wearable devices, and autonomous cars/connected cars. In North America, the market for these technologies is growing at a significantly high rate. Need for reliable and fast connectivity required for these technologies is addressed by LTE Advanced Pro infrastructure, which is expected to provide growth opportunities for the market in North America.

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The companies profiled in this report are Huawei (China), Ericsson (Sweden), Nokia Networks (Finland), ZTE (China), Samsung Electronics (South Korea), NEC (Japan), Cisco Systems (US), Qualcomm (US), Intel (US), Cavium, Inc. (US), Qorvo, Inc. (US), CommScope (US), and Airspan Networks (US) among others.


About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Collaborative Robot Market Share, Industry Analysis by 2030

The collaborative robot market size is poised for remarkable growth and innovation in the coming decade, driven by advancements in automat...