Waterjet Cutting Machine Market 2023 - How the Market Will Witness Substantial Growth in the Upcoming years

[112 Pages Report] The waterjet cutting machine market was valued at USD 861.4 million in 2017 and is expected to reach USD 1,248.0 million by 2023, at a CAGR of 6.25% during the forecast period. The base year considered for the study is 2017, and the forecast period is from 2018 to 2023.

The market is driven by the growth in demand for steel in various industries, especially in automobile, oil & gas, and energy industries. The market growth is also attributed to the high demand from the Asian metal and metal manufacturing industries.

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The market in this report has been segmented on the basis of product type into 3D waterjet cutting machines, micro waterjet cutting machines, and robotic waterjet cutting machines. The 3D waterjet cutting machines are expected to hold the largest size of the market based on product type by 2023, which has been the most commonly deployed product type across the world. 3D waterjet cutting systems are widely used in the aerospace and automotive industries, as well as in the prototype development applications of various industries.

Waterjet cutting machines are used in applications such as exotic metal and non-traditional material cutting, ceramic/stone cutting, glass/metal art, gasket cutting, fiberglass cutting, and foam product cutting. The report provides a description of the use of waterjet cutting machines in each of these applications. The glass/metal art application is expected to account for the largest share of the waterjet cutting machine market during 2018–2023. The growing demand for the machines for hurricane glass cutting in the automotive industry is expected to boost the growth of the waterjet cutting machine market during the forecast period.

The waterjet cutting machine market for the automotive industry is expected to grow at the highest CAGR between 2018 and 2023. The use of waterjet cutting machines in the automotive industry improves the flexibility of cutting equipment and enables ease with automation, which drives the growth of the waterjet cutting machine market for this industry.

APAC accounted for the largest share of the global waterjet cutting machine market in 2017. The growth of the market in APAC is driven by the expansion of the metal fabrication and automotive industries, coupled with the growing machine manufacturing industry, in countries such as India and China. Additionally, the factors such as the rise in infrastructural expenditure, growing population, and increased consumer spending are the main drivers for the waterjet cutting machine market in APAC.

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A few major companies operating in the RF over fiber market are Colfax Corporation (US), Lincoln Electric Holdings, Inc. (US), Flow International (US), Koike Aronson (US), Omax Corporation (US), KMT Waterjet (US), Hornet Cutting System (US), A Innovative International (India), and Semyx (US). These companies have developed innovative products to serve the waterjet cutting machine user base.

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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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Consumer IoT Market 2018-2023 | Growing Adoption of Automation Services Globally

[209 Pages Report] The consumer IoT market is estimated to reach USD 104.4 billion by 2023 from USD 46.8 billion by 2018, at a CAGR of 17.39% during 2018–2023.

A few of the major driving factors for the growth of this market include the growing number of internet users and adoption of smart devices, increasing awareness about fitness and rise in disposable incomes in developing economies, and consumer preference for increased convenience and better lifestyle.

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Market for solutions to grow at fastest CAGR during forecast period

The consumer IoT market for solutions is expected to grow at the highest CAGR during 2018–2023. The solution segment consists of software and platform. With the increase in the number of connected devices, the volume of data is also proliferating. These huge data volumes are driving the market for data management software. By implementing the IoT data management software, businesses are aiming to get a competitive edge with predictive analytics, as well as optimize their business operations. Moreover, the high number of interconnected devices controlling physical infrastructure and increased connectivity, which makes these devices and their networks more vulnerable to cyberattacks, is leading to the surge in demand for highly sophisticated security solutions in the IoT market.

Home automation to hold largest share of consumer IoT market by 2023

Home automation is expected to hold the largest share of the consumer IoT market by 2023. The increasing demand for home monitoring in remote locations as well as the growing adoption of home automation devices in applications such as security, and HVAC and energy management, among others, have been the key factors driving the growth of the consumer IoT market for home automation. Further, the rising demand among customers for better and convenient lifestyles, and increased internet penetration in smart devices also contribute to the market growth.

cNorth America to account for largest market size during forecast period

North America is the major revenue generating region in the consumer IoT market. The increasing demand for smart devices from consumer electronics, wearable, and home automation applications have led to the growth of the consumer IoT market in this region. Moreover, the growth of the market in this region is also driven by the increasing health consciousness due to growing incidences of chronic diseases and number of diabetes patients, and ease of use of medical devices. The increasing adoption of smart connected devices and rapid digitalization across various consumer end-use applications have further fueled the growth of IoT in North America.

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Key Market Players

The companies profiled in this report are Qualcomm Incorporated (US), Texas Instruments Incorporated (US), NXP Semiconductors N.V. (Netherlands), Intel Corporation (US), STMicroelectronics N.V. (Switzerland), International Business Machines Corporation (IBM) (US), General Electric (GE) (US), Symantec Corporation (US), TE Connectivity Ltd. (Switzerland), Schneider Electric SE (France), Cisco Systems, Inc. (US), Amazon.com, Inc. (US), Apple Inc. (US), Alphabet Inc. (US), LG Electronics Inc. (South Korea), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Microsoft Corporation (US), AT&T Inc. (US), Honeywell International Inc. (US), and Hewlett Packard Enterprise Company (HPE) (US).

Qualcomm is one of the leading players in the wireless connectivity segment. The company designs, manufactures, and markets digital communication products and services based on code-division multiple access (CDMA), orthogonal frequency-division multiple access (OFDMA), and other technologies. The company has made high investments in R&D and is involved in continuous developments in wireless technologies.

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.

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IoT in Transportation Market Segmentation and Analysis by Recent Trends, Development and Growth by Regions to 2020

The IoT in transportation market is expected to reach $143.93 billion by 2020 at an estimated CAGR of 8.95% from 2014 to 2020. Africa is the leading region in the overall market, followed by Asia-Pacific (APAC) and the Middle East.

IOT is increasingly demanding more evolved devices from the semiconductor industry, with long lasting battery technologies, low power consumption, and the ability to accurately process and store data at lower costs. The report segments IoT in transportation market into six different segments such as component, products & software services, verticals, solutions, application, and geography.

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Scope of the report:

IoT in Transportation Market By Components

The global IoT market in intelligent transportation systems can be classified into semiconductor and wireless components. The semiconductors components can further be segmented into microcontroller (MCU), digital signal processing (DSP), field programmable gate array (FFGA), memory protection unit (MPU), application specific standard product (AASP), and application specific integrated circuit (ASIC).

IoT in Transportation Market By Products, Software, and Services

The IoT market in intelligent transportation systems, by product type, is classified into the product, software, and service segments. The automotive industry is witnessing a new wave of technological revolution, which accelerates the idea of connected cars. Providing Internet accessibility in cars is imminent as consumers require an array of real-time services, such as on-demand infotainment and traffic navigation, along with safety and security features.

IoT in Transportation Market By Verticals

The report divides the IoT in transportation market into roads, railways, airways, and maritime. Airways and maritime are the fastest-growing verticals. The newly developed airports are well-equipped with the latest technologies and safety measurements.

IoT in Transportation Market By Solutions

The report covers solutions, including traffic, asset, ticketing, supervision, operations, passenger information, and maintenance. The asset tracking solution and maintenance solution are expected to grow the fastest in this segment.

IoT in Transportation Market By Geography

The report covers regions including Europe, APAC, Middle East, and Africa for the IoT in transportation market. A complete quantitative analysis of all the regions has been covered in the report.

The concept of IoT has gone beyond the machine-to-machine (M2M) communication. With technological advancements and our increasing dependence on them in the day-to-day lives, it is evident that the IoT concept has a promising future. With the rate of proliferation of the wireless sensors network, the increasing adoption of emerging technologies and mainstreaming of many smart consumer applications, IoT is on its way to becoming the big thing. Few trends in the technology and application segments are projected to shape the future of IoT. Some of these critical technology trends, which are expected to have a huge impact on the IoT evolution, are big data, cloud computing, IPV6, wireless sensor network proliferation, and faster communication standards such as 4G-LTE and beyond.

The opportunities for IoT in transportation market are extremely high and mainly depend on organizations for adopting technological changes that are ever-increasing. With such a rapid change, it would be possible to have excellent quality of experience as well as better economic opportunities for users, governments, and businesses.

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The applications segment covers the major applications of IoT in transportation market that are divided into four segments, namely telematics, infotainment, advanced driver assistance system, and so on. Moreover, the IoT market in intelligent transportation systems, by geography, has been divided based on geographic locations of the countries that include the Americas, Europe, APAC, Middle East, and Africa. The Americas is the largest market, by geography, which is due to the easy availability of infrastructure for the deployment of IoT in transportation in this region.

The report profiles all the prominent companies involved in the field of IoT, such as Garmin International, Ltd. (U.S.), Thales Group (France), TomTom N.V. (The Netherlands), Denso Corp. (Japan), Alcatel-Lucent (France), Sierra Wireless, Inc. (Canada), AT&T, Inc. (U.S), Verizon Communications (U.S.), and Intel Corp. (U.S).

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.

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Micro Server IC Market to Undertake Strapping Growth by the 2022

[151 Pages Report] The global micro server IC market is expected to reach USD 1.35 Billion by 2022, at a CAGR of 44.0% between 2016 and 2022.

Some of the key factors driving this market are low power consumption and space usage by micro servers, growing trend of cloud computing and web hosting, cost effectiveness of micro servers in comparison with traditional servers, and emerging hyperscale data center architecture.

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The market for ARM-based Processor ICs is expected to grow at the highest rate during the forecast period. The company is increasing its collaboration with both foundry companies that have expertise in 14 and lesser nm process technology and software companies to create an ecosystem which would help the company to provide better software solutions.

The hardware segment of the micro server IC market held the largest market size in 2015. Hardware constitutes the main part of SoC. The original design manufacturers, Intel and ARM, are focusing on improving the capability of ICs by integrating more components into SoCs such as memory, processor, and storage, among others. This competition is expected to bring more improvements in the capabilities of SoCs in the future.

Among all the major end users, the medium scale enterprise held the largest market in 2015. The medium sized organizations are adopting micro server ICs owing to their lower buying and installation cost. In addition, it is easy to upgrade the system if the load increases by simply increasing the server nodes. Thus, medium scale enterprise segment holds the largest market size for micro server ICs.

The media storage market held the largest market size in 2015 as the increasing Internet connectivity and digitization is bringing phenomenal growth in digital content and multifold growth in user-generated content. The new high-definition media content such as videos and audios, among others would create ample opportunities for media storage applications, creating a need for vendors to install more energy-efficient micro servers.

In terms of geographic regions, North America held the largest market size for micro server IC in 2015. This is because of the presence of key industrial players and the early adoption of new technological advancements such as machine to-machine learning and IoT-enabled devices, which would create the need for more cloud-based services in North America. This would require the establishment of new data centers to support these services. Thus, North America is expected to dominate the micro server IC market during the forecast period.

Application-specific nature of the micro server and lack of standard specifications are the restraining factors for the growth of micro server IC market.

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Intel Corporation (U.S.) is one of the leading companies in the micro server IC market, followed by ARM Holdings PLC (U.K.), providing micro server ICs to address the emerging need of data centers and large scale enterprise applications. The most common strategy in this market is new product launches to offer more advanced applications. Companies are strengthening their product portfolio with new launches by increasing their R&D investments. The key players in this market are increasingly undertaking partnerships and collaborations to develop new technologies.

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
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com