Sensor Patch Market: COVID-19 Impact Analysis 2025

 According to the new research report on the "Sensor Patch Market by Product (Temperature, Blood Glucose, Blood Pressure, Heart Rate, ECG, & Blood Oxygen), Application (Monitoring, Diagnostics), Wearable Type (Wristwear, Neckwear, Bodywear), End-user Industry, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the market is expected to grow from USD 1.2 billion in 2020 to USD 6.4 billion by 2025, at a CAGR of 40.5%.

The growth of this market is mainly driven by the rising demand for portable medical devices and wearable sensors, increasing elderly population, and growing use of sensor patches to monitor glucose level. The growing adoption of telehealth and advancements in wearable solutions and digital technologies provide major opportunities for the growth of the sensor patch market.

Ask for PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=50239064

Bodywear to witness highest CAGR during 2020–2025

The market for bodywear is expected to grow at the highest CAGR during the forecast period. The significant growth rate of the market can be attributed to the increasing demand for bodywear patches to track the medical records of patients or sportspeople. Bodywear devices such as chest straps and smart patches are worn on the chest and arms for monitoring fitness. Moreover, wearable sensors are very small and can be integrated into smart patches to help the users achieve daily fitness goals and monitor health conditions.

Fitness and sports end-user industry expected to exhibit higher CAGR in sensor patch market from 2020 to 2025

The sensor patch market for fitness and sports end-user industry is expected to grow at a higher CAGR from 2020 to 2025. Sensor patches transform the way athletes train, perform, and recover from injuries. The increasing average life expectancy of the population worldwide would further drive the growth of the sensor patch market in the fitness and sports industry. Leading teams from different sports have started adopting wearable sensor patches and have shown positive results in increasing potential, performance, energy management, and reduction in injuries.

Browse in-depth TOC on "Sensor Patch Market"

104 – Tables
47 – Figures
178 – Pages

Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=50239064

Increasing per capita healthcare expenditure and disposable incomes to boost demand for sensor patches in APAC during forecast period

The sensor patch market in APAC is expected to grow at the highest CAGR during the forecast period. The growing need for the implementation and integration of medical devices and healthcare IT solutions in Asia to provide cost-effective and quality clinical care to patients drives the regional market for sensor patches. As a result, many global wearable solution companies are investing in the Asian market to capitalize on the growing opportunities. In addition, the COVID-19 outbreak has resulted in an increased patient pool in the region, especially in China and India. The growing patient volume, along with the rising need for accurate and timely diagnosis and treatment of this disease, will fuel the growth of the sensor patch market in APAC.

Key players in the sensor patch market are Abbott Laboratories (US), iRhythm Technologies, Inc. (US), DexCom, Inc. (US), Medtronic PLC (Ireland), Texas Instruments Inc. (US), Proteus Digital Health, Inc. (US), Gentag, Inc. (US), Kenzen, Inc. (US), VitalConnect, Inc. (US), and Preventice Solutions, Inc. (US).

Automatic Identification and Data Capture Market: Technological Breakthroughs 2025

 The report "Automatic Identification and Data Capture Market with COVID-19 Impact Analysis by Product (Barcodes, Smart Cards, OCR Systems, RFID Products, and Biometric Systems), Offering (Hardware, Software, and Services), Vertical, and Geography - Global Forecast to 2025", published by MarketsandMarkets™, is expected to grow from USD 40.1 billion in 2020 to USD 80.3 billion by 2025; it is expected to grow at a CAGR of 14.9% during 2020–2025. Key factors fueling the growth of this market include growing e-commerce industry globally; increasing use of smartphones for QR code scanning and image recognition; rising adoption of AIDC solutions due to their ability to minimize queuing and transaction time and provide greater convenience to users in making small-value payments; and surging adoption of AIDC solutions by banking and financial institutions to ensure customer safety and security, along with data privacy. An increasing number of patients and deaths due to COVID-19 will force all the countries to increase their healthcare expenditure, which is expected to have a positive impact on the growth of the market for AIDC products.

Ask for PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=194254012

Hardware component is expected to gain a significant share of AIDC market by 2025

The hardware component is expected to account for the largest share of the AIDC market by 2025. The high requirement for hardware components in several automatic identification and data capture products such as barcoding solutions, magnetic stripe cards, smart cards, optical character recognition (OCR) systems, RFID tags, printers and readers, tablets, wearables, VR devices, heads-up display devices, Google Glass, and biometric systems, has contributed to the largest size of the hardware segment.

Based on vertical, market for hospitality vertical to grow at the highest CAGR from 2020 to 2025

The market for the hospitality vertical is expected to grow with the highest CAGR during the forecast period. Automatic identification and data capturing products, such as barcoding solutions, RFID systems, OCR systems, and biometric systems, are increasingly being used by many hotels and restaurants to enhance the guest experience, increase operational efficiency, accelerate service delivery speed, as well as for mobile payment and ordering, inventory management, and food safety tracking.

Browse in-depth TOC on "Automatic Identification and Data Capture Market"

162 – Tables
66- Figures
253 – Pages         

Inquiry before Buying: 

https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=194254012

AIDC market in APAC to grow at the highest CAGR during the forecast period

The AIDC market in APAC is expected to grow at the highest CAGR during the forecast period. Many retail and logistics companies are expanding their presence in the region to capitalize on the increased purchasing power of the middle-class people, which has led to the growth of the automatic identification and data capture market in the region. Moreover, the significant presence of several market players, such as Panasonic (Japan), SATO (Japan), Toshiba (Japan), Godex (Taiwan), and Optoelectronics (Japan), in the region is likely to propel the growth of the automatic identification and data capture market in APAC.

Key players in the market include Honeywell (US), Datalogic S.p.A. (Italy), Zebra Technologies (US), SICK AG (Germany), Cognex Corporation (US), Toshiba (Japan), Panasonic Corporation (Japan), Thales (France), and NXP Semiconductors N.V. (Netherlands). These players are increasingly undertaking product launches and developments, mergers and acquisitions, expansions, contracts, partnerships, agreements, and collaborations, to increase their market shares.

Distributed Acoustic Sensing Market Current and Future Demand 2025

 The global distributed acoustic sensing market (DAS) is estimated to grow from USD 462 million in 2020 to USD 792 million by 2025; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.4% during 2020–2025.

Distributed Acoustic Sensing Market for software component to grow at highest CAGR during forecast period

The visualization software is often specific to the DAS application. The software often shows the path of the optic fiber cable routing against a site map and will highlight the location where an event is taking place (for instance, a leak in an oil pipeline). For perimeter security, the DAS software is often interfaced with existing third-party SCADA control or security software, which highlights an event. For wellbore applications, DAS visualization software can be used for the real-time monitoring of injection fluid, assessing fluid entry points, and fluid distribution along the well. Visualization software contributes to about 5% of the overall cost of the DAS system in most cases. However, as visualization software for DAS systems are continuously being updated and optimized, the market for visualization software is expected to grow at the fastest rate during the forecast period.

Request Free Sample Pages:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=31300369

Distributed Acoustic Sensing Market for Single-mode fiber to hold larger share of market throughout forecast period

Single-mode fibers are intended for long haul communications and therefore, are preferred for most DAS applications. Telecommunications-grade single-mode fiber optic cables can support distances of 50 km without any perceived noise in the signal. Hence, most DAS applications such as pipeline monitoring or border/perimeter surveillance generally utilize single-mode fibers since they provide a higher range of about 50 km. This makes the systems much more cost efficient as the interrogator units have to be deployed at every 50 km. Since single-mode fibers are sufficient for the majority applications, they are expected to hold a larger share of the market throughout the forecast period compared to multimode fibers.

Oil & gas industry to dominate Distributed Acoustic Sensing market throughout forecast period

In the oil & gas industry, well monitoring using DAS systems provide significant benefits in optimizing and maximizing the production of both offshore and inland oilfields. The industry is one of the primary users of DAS systems, with several oil & gas companies such as Schlumberger (US) and Halliburton (US) having a significant investment in the technology. New pipeline projects are also being deployed worldwide on a large scale and DAS technology has proven ideal and cost effective for long-distance monitoring. The increasing number of oil wells and pipeline deployment has led to oil & gas being the largest market for DAS systems. Furthermore, the deployment of DAS systems for pipeline monitoring is also expected to contribute to the overall growth of the market. The oil & gas industry, which accounts for the majority share of the market for DAS systems is also expected to be adversely affected compared to other key industries in the DAS market due to the COVID-19 pandemic. It is being observed that the sector is seeing an imbalance of oversupply and low demand resulting in a drop in crude oil prices, resulting in the production of oil and gas also being significantly reduced. This has led to reduced capital investments and as such, new pipeline projects and the construction of new oilfields is being put on hold. This is expected to put a hold on the deployment of DAS systems in the oil & gas sector.

Distributed Acoustic Sensing Market in APAC expected to grow at highest CAGR during forecast period

APAC is one of the fastest-growing markets for DAS solutions, with China dominating the DAS market in the region with its increasing oil production operations and the development of military and infrastructure. With huge investments in developing infrastructure in the fast-growing developing nations such as China and India in the region, the market presents a huge potential for the implementation of DAS systems. The development of military strength in the region has also increased the potential for the deployment of DAS technology. The diffusion of knowledge about the benefits of DAS technology such as lower operating costs and less maintenance in the region is critical for the growth of the technology in the region. Hence, the market is APAC is forecasted to witness the highest growth due to the construction and expansion of oil & gas pipelines and increased foreign investments in the development of oilfields.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=31300369

Key Market Players

Major companies in the distributed acoustic sensing market are Schlumberger (US), Halliburton (US), Baker Hughes (US), OptaSense (UK), Future Fibre Technologies (Australia), Fotech Solutions (UK), Bandweaver (China), Hifi Engineering (Canada), Omnisens (Switzerland), and Silixa (UK). Apart from these, ofs (US) and Fibre Completion Services (Canada) are among a few emerging companies in the DAS market.

Flame Detector Market 2026 | Know the Latest COVID19 Impact Analysis

 The flame detector market size is expected to grow from USD 1.6 billion in 2020 to USD 2.0 billion by 2026 at a CAGR of 4.2% from 2020 to 2026. Policies, regulation, and government initiatives, rising adoption of wireless technology in flame detection systems, and increasing human & property loss due to fire breakouts are some of the major factors driving the growth of the flame detector market.

Flame detector market for dual UV/IR to grow at a higher CAGR during forecast period

The market for dual UV/IR is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to its ability to detect both UV and IR spectrums of radiations, thus increasing the span of its fire detection abilities. The increasing demand for improved safety and reduction in the failure of fire detection is expected to fuel the market for dual UV/IR flame detectors. A combination of UV and IR technology is quite popular for flame detection as the detector can collect information from both the UV side and the infrared side. UV/IR flame detectors offer increased immunity compared with UV detectors, operate at moderate speeds of response, and are suited for both indoor and outdoor use, especially for industrial applications. UV/IR flame detectors are designed specifically for industries that are prone to the emission of hydrocarbons and organic materials through fire. These are mostly seen in manufacturing industries.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=213130921

Flame detector market for pharmaceutical industry is expected to grow at highest CAGR during forecast period

The market for pharmaceutical industry is expected to capture the highest CAGR during the forecast period. The high growth rate is driven by the need to safeguard human lives and properties, as well as avoid production halt in the vertical. The recent COVID-19 pandemic has resulted in heavy investments in the pharmaceuticals industry. Thus, the growth of this industry is expected to fuel the growth of the flame detector market for the pharmaceuticals industry.

APAC to be fastest-growing flame detector market during forecast period

APAC is expected to be the fastest-growing market for flame detector. Growing urbanization has increased construction activities, which are contributing significantly to the growth of the flame detector market in this region. China and Japan being the frontier markets for flame detectors in the APAC region, the steady growth of industries in these countries post the COVID-19 pandemic is expected to fuel the high growth rate in this region. China is projected to lead the flame detector market in APAC during the forecast period, followed by Japan and South Korea. The demand for flame detectors is expected to increase with technological and economic advancements. Moreover, the growing urbanization in this region has increased manufacturing activities, contributing significantly to the growth of the flame detector market. Governments in this region have laid down fire safety norms, and the flame detector market is expected to grow with the execution of these policies.

Key Market Players

Halma (UK), Honeywell (US), Johnson Controls (Ireland), Siemens (Germany), United Technologies (US), Emerson Electric (US), Hochiki (Japan), MSA (US), Robert Bosch (Germany), Micropack Engineering (Scotland), Minimax Viking (Germany), Spectrex (US) are among a few major players operating in the flame detector market.

Inductor Market Current and Future Demand 2025 with Top Leading Players

 The global inductor market is estimated to grow from USD 3.8 billion in 2020 to USD 4.7 billion by 2025; at a CAGR of 4.2%. Major driving factors of the market are the increasing demand for consumer electronics that require a large number of inductors and the rising adoption of electric vehicles.

Key Market Players

Major players in the inductor market are Murata Manufacturing (Japan), TDK (Japan), Vishay Intertechnology (US), TAIYO YUDEN (Japan), and Chilisin (Taiwan).

Download Free PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=212700102

Wire-wound inductors are largest contributors to inductor market, by type

Wire-wound inductors have a core made of magnetic metals such as iron or ferrite with a wire wound around it. Unwanted radio frequencies can interfere with audio sound quality and disrupt electrical circuits. Thus, wire-wound inductors are used as they can block or filter radio frequencies. They are typically found in car audio systems and electronic control units (ECUs) and also in electronic equipment used in communication infrastructures and mobile base stations. They are mainly used in the high-frequency circuits of mobile communication equipment, such as wireless LAN, mobile phones, broadband components, RFID tags, RF transceivers, Bluetooth, Wireless PDA, and security systems. Wire-wound inductors are larger in size and their performance is twice than that of multilayered inductors of the same size. Wire-wound inductors have the largest market share as the manufacturing cost involved is less compared with other types of inductors and they provide a high inductance value.

Ferrite core inductors to hold largest market share of inductor in 2025

A ferromagnetic core uses iron or ferrite materials to increase inductance. It offers higher resistance compared with other inductor core types, however, it is not always reliable as it reaches its magnetic saturation level relatively quickly when dealing with high inductance. Ferrite core inductors are used in surface acoustic wave (SAW) filters and voltage-controlled oscillator (VCO) circuits for telecommunication, hard disks, notebook computers, and other electronic equipment. Several applications associated with ferrite core inductors are broadband transformers, noise filters, power transformers, converter and inverter transformers, and others. Multilayered ferrite inductors are used in various electronic devices such as CD-ROM, hard disks, modems, printers, computing devices such as personal computers and converters including DC-DC converters. Due to their large number of applications, the demand for ferrite inductors is on the rise.

Automotive is fastest-growing vertical in inductor market and will continue to do so during forecast period

New technologies are being introduced in automobiles to reduce emissions and have a less environmental impact. Inductors, used in automotive applications, have to operate under harsh environmental conditions. They can be used in various applications such as engine and transmission control units, LED drivers, HID lighting, and noise suppression for motors. Advancements in the automotive industry such as passenger comfort and safety, as well as environmental considerations, require expanding electronics to accommodate the decreasing available space. As an increasing number of systems are becoming electrical instead of mechanical, a large amount of current is required to be appropriately regulated and filtered. Also, due to the adoption and increase in the manufacturing of electric vehicles, the demand for inductors in automobiles has significantly increased.

Request Free Sample Pages:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=212700102

APAC to hold largest market share of inductor market between 2020 and 2025

The growth of the inductor market in APAC is driven mainly by the growth of the consumer electronics market in the region. APAC is witnessing dynamic changes in terms of the adoption of new technologies across various industries. As APAC has low labor costs, most of the inductors are manufactured in APAC and are exported to various regions. There is an extensive rise in the demand for power, which is increasing the need for power management and thereby, accelerating the demand for inductors.

Plant Asset Management Market 2024 Technological Breakthroughs after COVID-19 Pandemic

 The plant asset management market is expected to grow from USD 5.5 billion in 2019 to USD 9.4 billion by 2024, at a CAGR of 11.3%. The market’s growth is propelled by surging adoption of lean manufacturing practices by several organizations, increasing focus on providing cloud-based PAM solutions to satisfy customer demands, escalating demand for asset management software that can identify potential failures to avoid futuristic loss, and growing need for real-time data analytics.

Plant Asset Management Market for cloud-based (online) deployment to grow at higher CAGR from 2019 to 2024

The market for cloud-based (online) PAM solutions is expected to grow at the highest CAGR during the forecast period. The adoption of cloud-based (online) PAM software solutions is the most suitable option for small and medium-sized enterprises due to its low cost. Quick installation and easy access to cloud save time and help end-user industries to make better decisions to improve efficiency, as well as focus on other important business parameters.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=8606975

Automation assets to exhibit high growth in PAM market during forecast period

The plant asset management market for automation assets is expected to register the highest CAGR during the forecast period. Increasing adoption of automation systems to enhance the production capacity in the process industries. However, different types of automation systems such as programmable logic controllers (PLCs) and distributed control systems (DCSs) find applications in discrete industries, thereby fueling the demand for PAM solutions for effective handling of automation assets too.

Plant Asset Management Market in APAC to grow at highest CAGR during forecast period

The PAM market in APAC is expected to grow at the highest CAGR during the forecast period. The adoption of PAM solutions is high in APAC due to the growing manufacturing sector in the region. Most of the key manufacturers from different industries have shifted their manufacturing plants in APAC due to the low labor cost and availability of a skilled workforce. These manufacturing units are using asset management solutions for the improvement in the overall manufacturing processes, which is expected to drive the growth of the PAM market in the region.

Key Market Players

As of 2018, Emerson (US), Honeywell (US), Rockwell (US), ABB (Switzerland), Schneider (France), Yokogawa (Japan), General Electric (US), and Siemens (Germany) dominated  the PAM market.

Top Market Leadership in Situational Awareness Market

 The situational awareness market is projected to grow from USD 17.2 billion in 2020 to USD 21.8 billion by 2025, recording a CAGR of 4.9% between 2020 and 2025. Major factors driving the growth of the Growing demand for situational awareness solutions in aviation and military, use of mobility solutions transforming military tactical operations, and growing importance of situational awareness in cyber security to provide significant situational awareness.

General Electric (US), Lockheed Martin (US), Honeywell (US), DENSO (Japan), BAE Systems (UK), UTC (US), Microsoft (US), Barco (Belgium), AMD (US), L3Harris Technologies (US), General Dynamics (US), Xilinx (US), Qualcomm (US), Robert Bosch (Germany), Pleora Technologies (Canada), Nexvision (France), Bertin Instruments (France), Axis Communications (Sweden), Johnson Controls (Ireland), Boeing (US), Airbus (France), and Sensara (US) are some of the key players in the situational awareness market. These players have adopted various growth strategies, such as product launches, acquisitions, expansions, and partnerships, to expand their presence in the situational awareness market. Product launches and contracts have been the most dominating strategy adopted by the key players from 2016 to 2020 to help them strengthen their product portfolio and broaden their customer base.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1272

General Electric ranked 1st in the situational awareness market in 2019. General Electric (GE) is a technology and financial services company involved in the development and manufacture of products that are used in the generation, transmission, distribution, control, and utilization of electricity. The company operates in segments such as Power, Renewable Energy, Oil & Gas, Aviation, Healthcare, Transportation, Capital, and Lighting.

Lockheed Martin was ranked 2nd in the situational awareness market in 2019. Lockheed Martin is a security and aerospace company. It is principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services. It also provides a broad range of management, engineering, technical, scientific, logistics, and information services.

Top Key Players in Automated Optical Inspection System Market

 Automated optical inspection (AOI) systems are used for the inspection of printed circuit boards (PCBs). The system is superior and less time consuming compared to manual inspection. AOI systems are preliminarily used for the detection of defects such as soldering defects, component defects, and ball grid arrays (BGA), and chip-scale packaging (CSP) defects.

The global automated optical inspection system market size is expected to reach USD 1,583 million by 2025, from USD 753 million in 2020, at a CAGR of 16.0%.Koh Young (South Korea), Test Research, Inc. (Taiwan), Omron (Japan), Viscom(Germany), and Saki (Japan)are the leading players in the automated optical inspection (AOI)system market.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=179056156

Koh Young (South Korea)

Koh Young is among the leading manufacturers of AOI systems across the world. The company focuses on its R&D efforts to maintain its technical leadership in the field of optical inspection. In FY18, the company invested 12.6% of its overall revenue in R&D activities. Apart from R&D, the company has been implementing strategies such as product launches and expansions to rapidly expand its business operations worldwide. For instance, in May 2018, it opened a new R&D center in Suwon, South Korea, to develop innovative products. Moreover, in November 2017, Koh Young launched Zenith 2 AOI platform with Artificial Intelligence-driven (AI-driven) auto-programming software that reduces programming time by 70%.

Test Research, Inc. (Taiwan)

TRI offers the most robust product portfolio in the industry for automatic test and inspection solutions. The company’s product line-up is in line with the latest technological trends in industries, such as Industry 4.0 and smart factory applications. Its highly sophisticated after-sales services have also allowed it to gain recognition among world-class electronics manufacturing companies. Moreover, the company continually works toward upgrading and launching new AOI systems through its R&D activities. For instance, in March 2017, TRI launched its new top-of-the-line TR7700QE 3D AOI systems featuring an advanced 3D solder fillet inspection capability for zero-escape fault detection.

Why Is Workforce Management Software Such An Important Tool For Businesses Of All Sizes?

 Workforce Management Software is a tool designed for organizations to optimize their team and increase productivity. The software performs functions like workload forecast, budgets management, employee scheduling, track time, and monitors employee performance. The best workforce management software takes care of business outcomes, engages staff, controls labor costs, increases productivity, and minimizes compliance risk.

Why is workforce management necessary for your organization?

Employees are major assets for any organization. Therefore, if they are managed well, their performance improves. Some of the benefits of workforce management software:

Increased Productivity	Workforce management software helps assign projects to the appropriate resource. It also ensures all the required resources for completion of that task is provided to that employee. The software provides clarity on the task along with the budget, time, resources, progress tracker, and schedules as per requirements. With such improved efficiency, there is less rework, and deadlines are met.
Low Labor Costs	There are few such projects in organizations that demand more resources. The issue can arise if lower priority tasks consume more resources than high priority tasks. With this software, budgets can be allocated for projects that can reduce the risk of consuming more time and money on such tasks.
Enhanced Customer Satisfaction	Customer satisfaction is one of the key prioritiesof any organization. Thus, strong communicators and experts must interact with customers so that it becomes possible to retain them and satisfy them. Workforce management software identifies strong communicators and experts in specific projects and sends the list so that these strong employees interact with the customer and satisfy them.

How to manage the workforce effectively?

Managing the workforce can be tedious for organizations with a large number of employees. Workforce management software manages all the tasks for making this effective. However, there are few key pointers for organizations to keep in mind to manage the workforce effectively. Some of them are:

Frequent Communication

Communication is an important aspect of driving the productivity of a team. Frequent communication with team members about their performance, skills, concerns, and goals help them perform more efficiently.

Practicing Transparency

Organizations should make sure that their employees are aware of the status of the organizations they work with. They should be made aware oftheir organization’s performance in the market or a plan to initiate any new plan. Employee performance and loyalty are achieved with such transparency.

Being Good Leader

A good leader always motivates and inspires a team. A leader does not just reminds employees of their goals and tasks but also helps them whenever required and even gives a second chance to improve if they make any error in their work.

Choose Best Software

The best software should be chosen and implemented in an organization to manage the team and efficiently utilize the skills. Technologically advanced software enables organizations to manage all the important tasks and improves organizational efficiency and productivity.

About 360Quadrants 

360Quadrants is the largest marketplace looking to disrupt USD 3.7 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insights using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7,500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in niche spaces, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.

360Quadrants will also be launching quadrants in fields such as Employee Monitoring Software, Employee Scheduling Software, and HR Software.

Contact: 
Mr. Agney Sugla 
agney@marketsandmarkets.com 
630 Dundee Road, Suite 430 
Northbrook, IL 60062 
USA: +1-888-600-6441

Significant Growth in Track Geometry Measurement System Market

 The track geometry measurement system market (TGMS) is expected to be valued at USD 2.8 billion in 2019 and is likely to reach USD 3.7 billion by 2024, at a CAGR of 6.00% during the forecast period. The use of track geometry measurement systems by the companies operating in the railway industry for complying with various standards and regulations is among the key factors driving the TGMS market. Moreover, the high popularity of no contact track geometry measurement system is another factor expected to considerably boost the growth of the TGMS market in the coming years.

Request Free Sample Pages:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=31376329

By operation type, no contact segment to account for largest market share during forecast period

The track geometry measurement system market, by operation type, is segmented into no contact and contact based track geometry measurement systems. The no contact based TGMS market is expected to witness significant growth during the forecast period. The major benefit of this operation type is that it is suitable for high and low speed. Also, it ensures high accuracy with the help of advanced technologies such as imaging technologies and optical laser sensors. Therefore, this type of operation method is gaining popularity for track geometry measurement.

By measurement type, vertical profile segment to grow at highest CAGR during forecast period

The track geometry measurement system market for vertical profile measurement type is expected to witness significant growth during the forecast period. Vertical profile is the track layout on the vertical plane. It is defined as the average height of left and right rails, which is calculated from the mid-point of these rails. The track class and permissible vehicle speed limit are determined by the railroad administration bodies by using these parameters as these are crucial for the operational efficiency of a rail.

APAC to account for largest market share during forecast period

APAC is expected to account for the largest share of the track geometry measurement system market during the forecast period. The market in this region is also expected to witness significant growth during 2019–2024. One of the major reasons for the leading position of APAC is the rapid expansion of high-speed rails and mass transit system in the APAC countries such as China and India.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=31376329

Key Market Players

Key players in the track geometry measurement system market include ENSCO (US), Fugro (Netherlands), MER MEC (Italy), Balfour Beatty (UK), Plasser & Theurer (Austria), Siemens (Germany), R. Bance & Co. (UK), Bentley Systems (US), Goldschmidt Thermit Group (Germany), and Egis (France). ENSCO is a well-known player in the TGMS market.

Growth of the Explosion Proof Equipment Market

According to the new market research report on the "Explosion Proof Equipment Market by Product (Cable Glands & Accessories, Industrial Controls, Process Instruments, Sensors, and Signaling Devices), Connectivity Service, Zone Classification, Industry, and Geography – Global Forecast to 2025", published by MarketsandMarkets™, the Explosion Proof Equipment Market size is projected to grow from USD 7.4 billion in 2020 to USD 9.9 billion by 2025, at a CAGR of 5.9% from 2020 to 2025. Factors such as the increasing industrial safety measures and rising energy requirements are driving the explosion proof equipment market. 

Ask for PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=108397700

The oil & gas industry holds the largest share of the explosion proof equipment market in 2019

The oil & gas industry accounted for the largest share of the explosion proof equipment market in 2019 and is expected to grow at a high growth rate during the forecast period. The demand for explosion proof equipment in this industry is high due to its flammable and challenging environmental conditions. This equipment are used across applications such as exploration, drilling, gas lifting/injection, oil & gas pipelines, storage handling, and gas and refinery process.

The market for wireless connectivity services is projected to grow at a high growth rate during the forecast period

The market for wireless connectivity services is projected to grow at a high growth rate during the forecast period. The growth of the segment can be attributed to its lower installation cost, requirement for cable-free operations, and reduction in space occupied and weight. Wireless devices can minimize the number of devices installed, such as cabling and other installation equipment leading to low installation expenditure and low labour costs.

Browse in-depth TOC on "Explosion Proof Equipment Market"
101 – Tables
33 – Figures
164  – Pages

Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=108397700

The major players in the Explosion proof equipment market are Siemens (Germany), Honeywell International, Inc. (US), ABB Ltd. (Switzerland), Rockwell Automation, Inc. (US), and Eaton Corporation Plc (Ireland).