Earthmoving Equipment Market Poised to Expand at a Robust Pace Over 2022|Key participants Hitachi Construction Machinery, Volvo

The global earthmoving equipment market is expected to reach USD 184.56 billion by 2022, according to a new study by Grand View Research, Inc. Technological advancements such as facilitation of real-time monitoring for detecting and monitoring equipment failure are anticipated to fuel product demand.

Vendors are increasingly investing in R&D to develop solutions in order to improve machine operations. Technology products such as AccuGrade Grade Control System and Computer Aided Earthmoving System (CAES) are increasingly being incorporated. Manufacturers also offer products with GPS technology and other electronic control modules and database tools for enhancing product offering.

Increasing mechanization of construction processes coupled with strong economic growth in Asia Pacific earthmoving machinery market is anticipated to boost consumption in the region. Rising expenditure on infrastructure activities is also expected to escalate demand significantly over the coming years.

Access Research Report of Earthmoving Equipment Market @ https://www.grandviewresearch.com/industry-analysis/earthmoving-equipment-market

Further key findings from the study suggest:

• Loaders segment accounted for over 45% of the overall consumption in 2014 and is expected to shrink over the next seven years. Demand balancing is anticipated to take some time as the industry is expected to continue to be serviced with large number of existing units.
• Excavators market was valued over USD 30 billion in 2014 and is expected to exhibit high growth over the forecast period. Escalating demand across broad residential applications such as public and private infrastructure development would drive demand extensively. Rising adoption in the commercial sector is another key factor driving industry growth.
• Construction equipment industry is expected to reach over USD 100 billion by 2022. Strong economic growth coupled with increasing consumer spending on infrastructure activities is anticipated to fuel product demand over the forecast period.
• Private construction spending accounted for over 75% of the total construction industry spending in 2014. Increasing government investment in infrastructure development particularly in developing nations of Asia Pacific is expected to spur demand. Growing urbanization paired with increasing demand from corporate sector for infrastructure development may also drive industry growth.
• Asia Pacific earthmoving equipment market accounted for over 50% of the industry share in 2014 and is estimated to exhibit high growth prospects over the next seven years. Emergence of lease-based machinery along with private investment in real estate is further expected to propel demand.
• Middle East earthmoving equipment market is expected to grow at a CAGR of over 9.5% from 2015 to 2022. Growing large scale construction projects especially in the Middle East countries is expected to increase demand for these products over the next few years. Technological advancements and improvement in the quality and after-market services offered by vendors is also anticipated to drive industry growth.
• Key competitors dominating the earthmoving equipment industry include Doosan Infracore Ltd., Caterpillar, Komatsu Ltd., Sany Heavy Industries Co. Ltd and Liebherr. Industry participants emphasize on offering low cost products over energy-efficient products, particularly in price sensitive markets. Manufacturers also focus on lowering production cost and meet emission regulations set by the various regulatory bodies. Chinese manufacturers are increasing their international presence in the wheel loaders industry, competing with enormous array of manufactures in this segment.

Grand View Research has segmented the earthmoving equipment market on the basis of product, application and region:

Earthmoving Equipment Product Outlook (Revenue, USD Million, 2012 - 2022)

• Excavators
• Loaders
• Others

Earthmoving Equipment Application Outlook (Revenue, USD Million, 2012 - 2022)

• Construction
• Others

Earthmoving Equipment Regional Outlook (Revenue, USD Million, 2012 - 2022)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• MEA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Laptop Market With Strong Application and Scope By 2025

The global laptop market size is anticipated to reach USD 108.91 billion by 2025, according to a study by Grand View Research, Inc., progressing at a CAGR of 0.4% during the forecast period. Increasing urbanization and growing spending capacities of consumers belonging to middle and upper-middle classes, coupled with evolving lifestyles, are projected to help the global market gain significant momentum over the coming years. Furthermore, upsurge in demand for technologically advanced products, particularly in developing countries due to changing needs and consumption patterns, is poised to bolster market growth over the forecast period.

Burgeoning popularity of affordable wireless connectivity and mobility solutions among consumers is likely to spur the growth of the market. Besides this, homogeneous standardization of laptops and advancements in technology are helping in increasing processing power, reducing power consumption, and cutting down costs. This, in turn, is working in favor of the market.

Improving internet infrastructure across the globe is also positively influencing the growth of the market. Factors such as adaptability of mature audiences to dynamic technological environments and favorable adoption of evolving technologies are also expected to trigger the demand for laptops over the forecast period. Moreover, government initiatives such as Made in China 2025, Digital India, and Make in India are also offering immense growth potential to manufacturers operating in the laptop market.

However, increasing sales of smartphones are estimated to be the key restraint for the growth of the market. Factors such as long-lasting battery life, low price, high-speed processors, and large screens, apart from other value-added features such as artificial intelligence, augmented reality (AR) apps, sensors, and enhanced hardware, are leading to wider adoption of smartphones, thereby hampering the sales of laptops.

To request a sample copy or view summary of this report, click the link below:https://www.grandviewresearch.com/industry-analysis/laptop-market

Further key findings from the study suggest:

• The 2-in-1 laptop segment is anticipated to exhibit the highest CAGR over the forecast period. This can be attributed to growing demand for lightweight and technologically-advanced laptops
• The 13" to 14.9" screen size segment is projected to expand at a CAGR exceeding 0.5% in terms of value over the same period as these laptops are ideal for diverse applications such as personal, gaming, and business
• The USD 501-USD 1,000 segment accounted for a significant market share as these laptops offer long battery life, wide display screen, robust processors, and attractive design at relatively affordable price
• Spiraling demand for online and augmented/virtual reality gaming among youths and professional gamers is bolstering market growth for gaming laptops
• Asia Pacific is poised to register the highest CAGR owing to increasing government initiatives to manufacture low-cost but technologically-proficient laptops
• Some of the prominent industry participants include Dell; HP Development Company, L.P.; ASUSTeK Computer Inc.; Apple Inc.; Acer Inc.; and Lenovo. OEMs are substantially investing in R&D to withstand competition and sustain their dominance in the industry.

Grand View Research has segmented the global laptop market based on the type, screen size, price, end use, and region:

Laptop Type Outlook (Revenue, USD Billion; Volume, Million Units, 2014 - 2025)

• Traditional Laptop
• 2-in-1 Laptop

Laptop Screen Size Outlook (Revenue, USD Billion; Volume, Million Units, 2014 - 2025)

• Up to 10.9"
• 11" to 12.9"
• 13" to 14.9"
• 0" to 16.9"
• More than 17"

Laptop Price Outlook (Revenue, USD Billion; Volume, Million Units, 2014 - 2025)

• 0-500
• 501-1,000
• 1,001-1,500
• 1,501-2,000
• Above 2,001

Laptop End-Use Outlook (Revenue, USD Billion; Volume, Million Units, 2014 - 2025)

• Personal
• Business
• Gaming

Laptop Regional Outlook (Revenue, USD Billion; Volume, Million Units, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
• Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • South Africa
  • U.A.E.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Professional Service Automation Software Market Poised to Expand at a Robust Pace Over 2025

The global professional service automation software market size is estimated to reach $16,015.0 Million by 2025, at a CAGR of 11.7% according to a new report by Grand View Research, Inc. PSA software is used for standardizing business processes and providing reports, insights, and control for resources and projects. The value of such systems is to enable critical information to be analyzed and shared across organizations for more insightful and timely decision-making. Rapid advancements in functionalities of the solution are anticipated to boost growth.

Increasing needs to improve operational efficiency among professional service firms are expected to propel the market over the forecast period. The companies have been focusing on optimally aligning resources while profitably delivering projects on time. PSA tools offer benefits such as optimized staffing, improved collaboration, and automated time and expense. Effective use of professional services automation tools can help organizations improve productivity, operational efficiency, financial margins, and billable utilization. PSA software improves project management and resource management by increasing efficiency through increased collaboration and personnel utilization, better planning, and integrated knowledge management. The software also provides standardized reports, which help management make key business decisions.

Small enterprises have been using spreadsheets for various tasks such as resource and time management. However, as businesses grow, complexity, need for automation, and the challenge of maintaining business quality, throughput, and effectiveness will grow as well. Small-sized businesses are untapped markets and increasing IT budgets of these enterprises are expected to demand over the forecast period.

Access Research Report of Professional Service Automation Software Market @ https://www.grandviewresearch.com/industry-analysis/professional-services-automation-software-market

Further key findings from the report suggest:

• Cloud technology is becoming popular among cost-sensitive customers and small and medium enterprises. Increasing ubiquitous computing owing to smartphone penetration and better internet infrastructure is expected to drive the PSA mobile application over the next six years.Support for a variety of mobile platforms such as Android and iOS has become a basic requirement of the software
• Technology companies held the largest market share of over 46% in 2018. However, marketing and communication firms segment is anticipated expand at the highest CAGR of 15.5% from 2019 to 2025
• North America and Europe are expected to remain key regions in the global Professional Service Automation (PSA) software market over the forecast period
• Projector PSA; ChangePoint; NetSuite OpenAir;Appirio, Inc.;Microsoft Corporation; FinancialForce.com; ConnectWise; and Tenrox are some of the major players
• Other key vendors include Compuware Corporation;Autotask Corporation; Panview; Clarizen; Deltek, Inc.; and Oracle

Grand View Research has segmented the global PSA software market on the basis of application, deployment, and region:

Professional Service Automation (PSA) Software Application Outlook (Revenue, USD Million, 2014 - 2025)

• Consulting Firms
• Technology Companies
• Marketing and Communication Firms
• Others

Professional Service Automation (PSA) Software Deployment Outlook (Revenue, USD Million, 2014 - 2025)

• Cloud
• On-premise

Professional Service Automation (PSA) Software Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• MEA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Automated Fare Collection Market to Reflect Steadfast Expansion by 2025

The global automated fare collection market size is expected to reach USD 19.89 billion by 2025 registering a CAGR of 13.6% from 2019 to 2025, according to a new report by Grand View Research, Inc. Growing adoption of digital technologies to improve transaction processing speed and to reduce issues associated with cash handling and ticket management is anticipated to remain one of the leading factors driving the market.

Focus of governments on the performance optimization of existing public transit systems, such as subways, buses, trams, and metros, is also expected to boost the usage of technology-driven AFC systems for digital transaction processing and payment management. Increasing penetration of the technology has provided transit system operators an effective way to reduce counter congestions, operational costs, waiting time, and cash leakage issues often faced in traditional fare collection systems. This has also facilitated hassle-free and convenient travel experiences for commuters.

Rising awareness about these benefits is compelling transit operators to replace conventional physical ticketing machines and toll booths with contactless AFC systems. The data generated by such systems is further used in implementing a data-driven network optimization approach for public transit systems. Public transit network operators were able to capitalize on the unutilized capacity of the trains by using a data-driven model. Emerging countries in Asia Pacific, such as India and China, are also in the process of implementing similar systems to enable operators to dynamically plan and optimize ticket prices.

Access Research Report of Automated Fare Collection Market@
https://www.grandviewresearch.com/industry-analysis/automated-fare-collection-afc-system-market

Further key findings from the study suggest:

• Software segment is said to register the maximum CAGR over the forecast years due to rising focus of transit system operators on deploying integrated AFC systems covering multiple transportation modes
• Near Field Communication (NFC) technology segment is anticipated to gain traction owing to its superior transaction speed, contactless payment capability, and higher adoption by transit operators
• Railways & transportation application will witness the highest CAGR from 2019 to 2025 due to the development of railway and highway infrastructure networks in emerging countries, such as India
• Asia Pacific to expand at the highest CAGR of 17.1% from 2019 to 2025 due to rapid urbanization and rising need for deploying faster payment processing systems due to increasing number of commercial vehicles and daily commuters
• Key companies in the global AFC market include Cubic Corp., Advanced Card Systems Ltd., Atos SE, Indra Sistemas SA, GMV, LG CNS, LECIP Holdings Corp., Omron Corp., Masabi Ltd., NXP Semiconductors N.V., Nippon Signal Co., Ltd., Samsung SDS Co., Ltd., Siemens AG, Telexis B.V., Singapore Technologies Engineering Limited, Scheidt & Bachmann GmbH, Thales Group, Trapeze Group, Vix Technology, UL Identity Management & Security, and Thales Group

Grand View Research has segmented the global Automated Fare Collection market on the basis of component, technology, system, application, and region:

Automated Fare Collection Component Outlook (Revenue, USD Million, 2014 - 2025)

• Hardware
• Software

Automated Fare Collection Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Smart Card
• Magnetic Stripe
• Near Field Communication (NFC)
• Optical Character Recognition (OCR)

Automated Fare Collection System Outlook (Revenue, USD Million, 2014 - 2025)

• Ticket Vending Machine (TVM)
• Ticket Office Machine (TOM)
• Fare Gates
• IC Cards

Automated Fare Collection Application Outlook (Revenue, USD Million, 2014 - 2025)

• Railways & Transportation
• Parking
• Entertainment
• Others

Automated Fare Collection Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • France
  • Germany
  • Poland
  • Russia
  • UK.
• Asia Pacific
  • Australia
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • Saudi Arabia
  • UAE

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Consumer Electronics Market Industry Outlook & Future Forecast Report Till 2020

The global consumer electronics market is expected to reach USD 838.85 billion by 2020, according to a new study by Grand View Research, Inc. Recent technological advancements have led to the miniaturization of smart devices, and are expected to be key factor driving the consumer electronics industry. High investment, availability of cost effective devices due to mass production, and a range of diverse applications are also expected to be the key growth drivers.

Consumers are narrowing their technology interest to devices that offer multiple functions. Single-function products such as portable music players, digital cameras, etc. have witnessed considerable decline owing to the advent of multi-function devices. For example, there has been a considerable rise in smartphone ownership in 2013, while ownership of digital cameras has declined. End users have become more platform-agnostic as they are open to experimenting with different platforms such as Windows, Android and iOS, which is also expected to catapult consumer electronics market demand over the forecast period.

Increasing penetration of BYOD has presented growth avenues. Long-battery life, processors and large screens along with other value-added features is also expected to favorably impact personal electronics market growth over the next few years. Consumer electronics manufacturers focus on gaining a level of insight into service adoption on smartphones and related pricing strategies to target end users.

To request a sample copy or view summary of this report, click the link below:http://www.grandviewresearch.com/industry-analysis/personal-consumer-electronics-market

Further key findings from the study suggest:

• The smartphone market is poised for high growth over the next six years, which may be attributed to increased emphasis on devices integrating several advanced features such as audio, GPS and high-end cameras. Emerging concepts such as pervasive computing along with several communication technologies, including 4G/5G LTE are also expected to drive demand.
• Laptops, desktops, and notebooks accounted for considerable revenue share in 2013. Introduction of new low end-devices and affordability are key factors driving the tablet market growth. The overall increase is also expected to stem from substitution of conventional laptops with tablets
• Digital camera market sales may witness a decline over the next few years. Consumer preference for devices such as smartphones that offer multi-functionality is expected to hinder the digital camera market.
• Asia Pacific consumer electronics market captured sizable volume share, which can be primarily attributed to high demand in China and India as well as considerable product penetration in the region.
• Key industry players such as Samsung, Apple, LG, Huawei and ZTE focus on providing a wide product portfolio and product differentiation as a core business strategy. Sales and distribution activities involve a mix of direct sales, distributors and third-party representatives, retail outlets, independent dealers etc. Distribution activities have become a key area of focus for all companies owing to wide adoption of these products.

Grand View Research has segmented the global consumer electronics market on the basis of product and region:

Consumer Electronics Product Outlook (Volume, Million Units & Revenue, USD Billion; 2012 - 2020)

• Smartphones
• Tablets
• Laptops/Notebooks
• Desktops
• Digital Cameras’
• Hard Disk Drives (HDD)
• E-readers

Consumer Electronics Regional Outlook (Volume, Million Units & Revenue, USD Billion; 2012 - 2020)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Fingerprint Access Control Systems Market Valuation to Reach USD 11.88 Billion by the end of 2024

The global fingerprint access control market size is expected to reach USD 11.88 billion by 2024, according to a new report by Grand View Research, Inc. Technological proliferation backed by increasing need for secure authentication and recognition of individuals across distinct end-use industries are the factors expected to impel fingerprint access control market growth over the forecast period. Moreover, declining prices of fingerprint technology has led to an overall increase in its global demand.

Favorable government initiatives and standards worldwide is expected to contribute to the industry growth over the forecast period. The governments across several countries have formed regulations governing the usage, gathering and disposal of biometric information by entities, however the affluence of these laws varies extensively over regions. For instance, in the U.S. state of Illinois with its Illinois Biometric Information Privacy Act, 740 ILCS 14/1, et seq. and Texas with its Bus. & Com. Code Ann. § 503.001 strictly regulate the use, revelation, and the final destruction of biometric data by a private entity. The state of Illinois compels such entities to develop written policies describing their biometric data collection methods.

Use of fingerprint access control in government and commercial sector has contributed immensely to industry growth. Need for security is one of the key factors driving market demand. Multimodal biometrics based products have enticed popularity specifically in passport and e-IDs verification systems.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/fingerprint-access-control-systems-market

Further key findings from the study suggest:

• The optical product segment dominated the industry with overall revenue share of over 38% in 2015. Optical access control provides larger sensing area, better image quality, higher resolution, and robust operations. However, capacitive is a recent technology and is relatively cheaper than optical sensors. It can be embedded into smaller devices and are prone to dirt. Owing to these features the segment is expected to witness significant growth with a CAGR of nearly 18.0% over the forecast period.
• Commercial and government applications segment have high penetration rate and captured over 50% of the revenue share in 2015 to strengthen internal and external security. Government sector is among the early adopters of biometrics technologies such as fingerprint and iris scanning and currently represents the significant end-user of the technology.
• BFSI sector is anticipated to grow rapidly with the significant CAGR of over 21% from 2016 to 2024.Proliferation of mobile devices such as smartphones with fingerprint authentication capability has paved the way for mobile logon. Banks and other financial organizations now offer biometric login facility for their mobile banking apps to ensure the authorized transactions. Biometric modalities offer a secure way to authenticate user identity and shield against cybercrime.
• North America is estimated to be a major regional segment with over 34% of the overall revenue share in 2015. However, Asia Pacific and MEA are expected to grow at a considerable rate owing to the increasing penetration of smartphones and favorable government regulations. Increasing terror activities and crime rate globally have generated the need for added security and control measures. Technological advancements and government initiatives towards access control is expected to drive the industry growth over the next eight years.
• The key industry players in the fingerprint access control market include 3M Cogent, Anviz Global, Cross Match Technologies Inc., ViRDI Tech, Daon Inc., Entertech Systems, Hitachi Omron Terminal Solutions, IDtech 360, NEC Corporation of America, Lockheed Martin Corporation, SecuGen Corportaion, Safran Group, Suprema Inc., Merkatum Corporation, Fingerprint Cards AB (FPC), Diamond Fortress Technologies, Aware, Inc., and ZKTeco. Owing to increasing penetration across several end-use industries such as healthcare and consumer electronics, manufacturers are developing unique solutions to address the needs of varying applications such as identity verification or mobile health monitoring.

Grand View Research has segmented the global fingerprint access control market on the basis of product, application and region:

Fingerprint Access Control Product Outlook (USD Million, Thousand Units 2014 – 2024)

• Optical
• Capacitive
• Pressure
• Ultrasonic
• Thermal

Fingerprint Access Control Application Outlook (USD Million, Thousand Units 2014 – 2024)

• Commercial
• Consumer Electronics
• Government
• Military & Defense
• BFSI
• Healthcare
• Others

Fingerprint Access Control Regional Outlook (USD Million, Thousand Units 2014 – 2024)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• MEA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Marine Propulsion Engines Market to Expand with Significant CAGR by 2020

The Report Marine Propulsion Engines Market Analysis By Product (Diesel Propulsion, Wind Propulsion, Gas Turbine Propulsion, Fuel Cell) And Segment Forecasts To 2020

The Global Marine Propulsion Engines Market is expected to reach USD 10.95 billion by 2020, according to a new study by Grand View Research, Inc. Significant modernization in marine propulsion as a direct consequence of increased demand for operationally dependable and financially efficient ships is expected to drive the marine propulsion engines market. The shipping industry has started to focus more on reducing fossil fuel consumption by developing electric motors which also help increase energy efficiency.

The market is expected to be hindered by regulations of the International Convention for the Prevention of Pollution from Ships (MARPOL), which apply principally to the protection of the marine environment and prevention of contamination by oil, chemical spills, sewage, marine species, and air pollution by engine exhaust gases. With the advancement in technology and increasing awareness pertaining to environmental conservation, development of propulsion systems that run on alternate fuels and with minimal emissions has garnered special importance.

Although wind and solar energy have gained prominence as auxiliary propulsion sources in the marine propulsion engines market, they are inadequate to suffice the power requirements for primary propulsion purposes.

Access Research Report of Marine Propulsion Engines Market @ www.grandviewresearch.com/industry-analysis/marine-propulsion-engines-market

Further key findings from the study suggest:

• High reliability and easy operability have resulted in diesel engines being the most extensively used to meet the primary as well as auxiliary ship propulsion needs in the marine industry. Presence of well-established spare part and repair networks globally coupled with availability of trained engineers and established training facilities has further driven the diesel marine propulsion engines demand.
• Depleting conventional and shale gas reserves have led to the increase in the demand for liquefied natural gas (LNG) as a marine fuel which involve dual fuel diesel (DFD) engines as prime movers. Wind energy and solar energy have gained prominence as auxiliary power generating sources as they do not emit harmful pollutants. Although steam turbine systems were traditionally used as prime movers, they have been increasingly substituted by diesel and dual fuel diesel (DFD) engines. Steam marine propulsion engines are still used in niche applications such as coal carriers and LNG carriers.
• Asia Pacific accounted for a substantial share of the overall marine propulsion engines market revenue in 2013, which can be attributed to significant investments by countries in the Far East such as China and South Korea. North America is among the highest adopters of LNG as a propulsion medium.
• Leading marine propulsion engines manufacturers such as Wärtsilä, Rolls-Royce, MAN Diesel, Caterpillar, and Cummins adopt global multi-sourcing strategies to explore alternative sources of supply. Marine propulsion engines manufacturers have dedicated professional sales staff having expertise in the company’s entire product lines for identifying specific and tailored solutions. The marine propulsion engines market is characterized by frequent mergers and acquisitions in a bid to achieve competitive advantage.

For the purpose of this study, Grand View Research has segmented the global marine propulsion engines market on the basis of product and region:

Marine Propulsion Engines Product Outlook (Revenue, USD Million, 2012 - 2020)

• Diesel Propulsion
• Wind & Solar Propulsion
• Gas Turbine Propulsion
• Fuel Cell Propulsion
• Steam Turbine Propulsion
• Natural Gas
• Others

Marine Propulsion Engines Regional Outlook (Revenue, USD Million, 2012 - 2020)

• North America
• EMEA
• Asia Pacific
• RoW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Global Flexible Electronics Market to Register Stable Expansion by 2024

The global flexible electronics market was USD 20,850.0 million in 2015, which is estimated to reach USD 87,210.0 million by 2024, according to a new report by Grand View Research, Inc. Escalating demand for compact and light-weight electronic devices is anticipated to fuel growth over the forecast period. Flexible batteries, displays, memories are a few products realized with the adoption of this technology. The technology provides ample opportunities in the area of smart textiles, which is the future of wearable’s. Government support in the form of funding that lends a helping hand to several research projects in this field is also anticipated to impact the industry growth positively.

Healthy demand for smart glasses, e-books, smartphones, smart watches, and e-papers is expected to catapult market growth over the next eight years. The technology facilitates electronic systems to be stretched, rolled, and flexed, minimizing design issues associated while developing compact, portable and miniature devices. The style and functionality of wearable devices is anticipated to witness a transition over the next eight years with companies such as Samsung, Apple, Nike and Google investing heavily in this segment, thereby providing avenues for discovering novel applications incorporating this technology.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/flexible-electronics-market

Further key findings from the report suggest:

• The consumer electronics segment accounted for over 55% of the overall revenue in 2015. The year 2014 witnessed the onset of new curved televisions, smartphones, and other electronic devices; a trend that gained traction in 2015, and is expected to impact the flexible electronics demand favorably from 2016 to 2024 owing to high penetration in the wearable’s segment
• The display segment is projected to grow at a CAGR exceeding 16% over the forecast period. It is primarily attributed to the ability of these products to curve, roll, flex, conform and fold, enabling a new intuitive user interface. Further, companies are progressing towards the use of plastic displays as an alternative to glass displays, which provides opportunity for future growth
• Wearable devices segment accounted for over 40% of the overall revenue in 2015 and is expected to witness a healthy demand over the forecast period. This increase is primarily ascribed to upsurge in demand for fitness or activity trackers as these products are well-positioned in the market with a promise of tracking productivity, physical activity, heart rate, sleep, etc. that intrigues customers
• Asia Pacific flexible electronics market accounted for over 20% of the overall revenue share in 2015. Research capabilities and aggressive investments by major industry players such as LG and Samsung Electronics in anticipated to drive regional growth over the forecast period
• Prominent industry participants include 3M, E Ink Holdings Inc., GE Measurement & Control Solutions, ITN Energy Systems Inc., LG, PARC, Samsung, and Thinfilm Electronics ASA. Strategic alliances among the major stakeholders such as material manufacturers, academia, and device integrators is anticipated to strengthen the existing technology know-how while driving drive efforts to explore new application areas

Grand View Research has segmented the global flexible electronics market on the basis of components, application and region:

Flexible Electronics Components Outlook (Revenue, USD Billion; 2013 - 2024)

• Display
• Battery
• Sensors
• Memory
• Others

Flexible Electronics Application Outlook (Revenue, USD Billion; 2013 - 2024)

• Consumer electronics
  • Television
  • Wearable devices
  • Smartphone
  • Others
• Automotive
• Healthcare
• Industrial
• Others

Flexible Electronics Regional Outlook (Revenue, USD Billion; 2013 - 2024)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Online Movie Ticketing Services Market Size Is Expected To Reach $28.86 Billion by 2025 | Key participants Cineplex Entertainment, Ticket Please

The global online movie ticketing services market size is expected to reach USD 28.86 billion by 2025, registering a CAGR of 6.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising disposable income, along with changing customer preference towards online movie bookings, are primarily driving the growth.

Increased efforts made by industry players to make their website interfaces and mobile applications more user-friendly have influenced market growth positively. Service providers are focusing on redesigning their websites and smartphones applications to provide improved features such as select-your-own seat and view-from-seats to improve customer experience. Although online movie ticket sales through PCs currently garner the highest revenue share, bookings made through mobile applications are anticipated to lead the online movie ticketing services market over the forecast period.

North America accounted for the largest market share in 2018 and is expected to retain its dominance over the next six years. This growth is characterized by the evolution of a wide range of ticketing technologies in developed countries, such as U.S. Latin America is expected to witness a substantial growth during the forecast period, due to the shift of users towards digitized form of ticket booking. Asia Pacific is also projected to register high growth over the next six years, accredited to the well-established presence of renowned film industries in the region, which results in audiences thronging to catch a glimpse of their favorite superstars on big screens.

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https://www.grandviewresearch.com/industry-analysis/online-movie-ticketing-services-market

Further key findings from the report suggest:

• Mobile segment is anticipated emerge as the fastest growing platform, on account of the increasing adoption of smartphones and utilization of mobile applications to conduct online transactions
• Asia Pacific is expected to expand at a CAGR of more than 8% over the next six years due to improved purchasing power of people across developing nations such as India
• Key players operating in the online movie ticketing services market include AOL Inc.; Atom Tickets LLC; Bigtree Entertainment Pvt. Ltd.; Cinemark Holdings Inc.; Cineplex Inc.; Fandango; Inox Leisure Ltd.; Movietickets.com; Mtime; and VOX Cinemas
• The players are facing tough competition from startups and innovators. To improve their market positions, companies focus on ways of expanding their presence and gaining a competitive edge over the other companies through strategic initiatives such as mergers and acquisitions and collaborative partnerships

Grand View Research has segmented the global online movie ticketing services market on the basis of platform and region:

Online Movie Ticketing Services Platform Outlook (Revenue, USD Million, 2014 - 2025)

• PC
• Mobile

Online Movie Ticketing Services Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America 
  • US.
  • Canada
• Europe 
  • Germany
  • UK.
• Asia Pacific 
  • China
  • India
  • Japan
• Latin America 
  • Brazil
  • Mexico
• Middle East & Africa (MEA) 
  • KSA
  • UAE
  • Qatar

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Biophotonics Market Plying for Significant Growth During 2013 - 2024

The global biophotonics market was valued at USD 34.29 billion in 2015, which is estimated to reach USD 91.31 billion by 2024, according to a new report by Grand View Research, Inc. The developments in optical technologies, increasing investigations by researchers, and mounting demand for early diagnosis are anticipated to drive the market growth over the forecast period. Biophotonics, being an evolving area of scientific research, has several applications due its ability to harnesses light for comprehending the functioning of cells and tissue in living organisms. This further aids in the better diagnosis of health problems.

Biophotonics market is projected to witness a high growth during the forecast period, owing to its application in optical techniques while simultaneously preserving the integrity of the biological cells under surveillance. New laser microscopes are being developed which permit measurements of distinct molecules and tissues at exceptional resolutions.

Biophotonics also finds applications in numerous procedures including new laser microscopes, which allow exceptional specifications of molecules & single tissues, optical coherence tomography that assists in the minute imaging of biomaterials, and novel light-activated chemicals utilized for welding tissues through surgical procedures.

Considering the enormous application areas, it is becoming perplexing for the key market players to commercialize this technology. However, the market is confronted with a slow commercialization rate due to the low acceptance from end-users, price sensitivity, and concerns pertaining to authenticity, quality, and reliability of the products.

Access Research Report of Biophotonics Market@ http://www.grandviewresearch.com/industry-analysis/biophotonics-market

Further key findings from the report suggest:

• The non-medical end-use segment is expected to emerge as the fastest-growing segment over the forecast period. The snowballing demand in the non-medical applications is predicted to offer several growth avenues over the next few years. The usage of biophotonics to examine tissues at macro and micro levels and diagnose diseases effectively is expected to be a key reason for its surging end-use applications.
• The light therapy segment is projected to grow at a CAGR of 14.88% over the forecast period. It accounted for 3.6% of the total market revenue in 2014. This is followed by the surface imaging segment, which is expected to exhibit a high market growth. In addition to this, the market is expected to observe growth with increasing adoption of this technology across various industries, such as biotechnology, therapeutics, agriculture, diagnostics, and life sciences R&D. Other impact rendering applications include environmental monitoring, food analysis, dosimetry, dentistry, and medical imaging utilizing endoscopy and Raman spectroscopy.
• The Asia Pacific biophotonics market is expected to grow at a CAGR exceeding 13% over the next few years. Due to the augmented investment in R&D activities, coupled with the increasing prevalence of cancer, the market is expected to witness a substantial growth. The increasing healthcare expenditure and rising government initiatives are expected to fuel the demand for the regional market.
• The prominent industry participants include IPG Photonics Corp., Idex Corp., Toshiba, Procter & Gamble, Horiba, Precision Photonics Corp. (PPC), Roche, GE, Philips, and Danone. The market is projected to exhibit an aggressive competition in the arena of technological development, leading to the application of biophotonic devices in households.

Grand View Research has segmented the global biophotonics market on the basis of end-use, application, and region.

Biophotonics End-Use Outlook (Revenue, USD Billion; 2013 - 2024)

• Tests and components
• Medical therapeutics
• Medical diagnostics
• Non-medical application

Biophotonics Application Outlook (Revenue, USD Billion; 2013 - 2024)

• See-Through Imaging
• Microscopy
• Inside Imaging
• Spectro Molecular
• Other Analytics Sensing
• Light Therapy
• Surface Imaging
• Biosensors

Biophotonics Regional Outlook (Revenue, USD Billion; 2013 - 2024)

• North America
• Europe
• Asia Pacific
• RoW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Integrated Systems Market Precise Analysis on Business Overview, Product Scope And Ongoing Development by 2020

The global integrated systems market is expected to reach USD 24.02 billion by 2020, according to a new study by Grand View Research, Inc. Accelerated business demands and intricate nature of IT challenges is anticipated to drive the global integrated systems market demand over the forecast period. The IT industry is highly dynamic in nature and characterized by technological advancements and innovation. Every few years the industry experiences tectonic shifts that re-shape IT. Shift in trend from mainframes to client/server to internet computing has altered the way end-users build, purchase, consume, and deliver technology.

In recent times, the integrated systems market has witnessed significant shift, which may be attributed to emergence of mobility, big data, social networking and cloud computing. Smartphone proliferation has also impacted the IT industry, with the advent of the BYOD phenomenon, and provides several market growth opportunities. However, factors such as high deployment cost may pose a challenge to market growth. Besides perceived complexity with regards to installation of converged infrastructure solutions, they are viewed as an expensive but necessary spending.

Access Research Report of Integrated Systems Market @ http://www.grandviewresearch.com/industry-analysis/integrated-systems-market

Further key findings from the study suggest:

• The integrated infrastructure segment is poised for high growth over the next six years, which may be attributed to strong revenue growth posted by a few key industry players such as VCE, Cisco, etc.
• Integration and installation segment accounted for substantial market share in 2013, and is expected to witness high growth. Legacy data center infrastructure has several shortcomings that fail to meet modern data center demand, and has resulted in rise in integrated systems deployment. Further, integrated systems provide the ability to replace aging systems and platforms, thereby combining multiple systems into one platform.
• BFSI accounted for majority of the integrated systems market in 2013, owing to high market penetration and early adoption. Integrated systems installation enables the BFSI sector support growth, expand network and offer new services to their customers. It also plays a key role in reducing cost, space and power consumption significantly.
• North America captured a sizeable amount of the integrated systems market, which can be primarily attributed to technological advancements and high market penetration. In addition, the need to achieve agility and efficiency in enterprises may also catapult the regional market demand over the forecast period.
• Key integrated systems market players such as Oracle Corporation, Cisco Systems, VCE, Hewlett-Packard and IBM focus on collaborations as it helps in technology exchange, joint sales and marketing efforts, new market creation and new product development.

Grand View Research has segmented the global integrated systems market on the basis of product, service, end-use and region:

Integrated Systems Product Outlook (Revenue, USD Million, 2012 - 2020)

• Integrated Platform/Workload Systems
• Integrated Infrastructure Systems

Integrated Systems Service Outlook (Revenue, USD Million, 2012 - 2020)

• Integration & Installation
• Consulting
• Maintenance & Support

Integrated Systems End-Use Outlook (Revenue, USD Million, 2012 - 2020)

• BFSI
• IT & Telecom
• Retail
• Manufacturing
• Healthcare
• Others

Integrated Systems Regional Outlook (Revenue, USD Million, 2012 - 2020)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Electronic Display Market to Register Stable Expansion During 2012– 2022

The electronic display market size is expected to reach USD 733.7 billion by 2022, according to a new report by Grand View Research, Inc. Surge in demand for electronic displays in number of applications including consumer electronics, digital signage, and automation, is expected to drive the market over the forecast period. Growing demand for screens equipped with high-resolution displays is anticipated to drive growth for mobile devices such as smartphones and tablets.

Growing adoption of 3G and 4G communication technologies owing to their affordability, along with the availability of Wi-Fi in private as well as commercial spaces has positively impacted the popularity of video streaming, thereby opening new avenues for market growth.

There have been significant advances in electronic display technologies over the past few years. Cathode ray tubes were prominently used in the electronic display market for several years until they were replaced by more advanced plasma, LCD, and LED display technologies.

LED and OLED displays experienced high market penetration over the last few years, and are expected to witness similar trends over the forecast period. Flourishing mobile commerce and gaming markets have resulted in growing demand for smartphones and tablets with high-resolution screens.

However, manufacturer responsibilities have increased owing to the enforcement of the Restriction of Hazardous Substances (RoHS) and Waste Electronics and Electrical Equipment (WEEE) standards. The standard intends on decreasing the amount of hazardous e-waste, which may negatively impact the environment.

Access Research Report of Electronic Display Market@ www.grandviewresearch.com/industry-analysis/electronic-displays-market

Further key findings from the study suggest:

• OLED technology segment is expected to grow at a CAGR of over 15% over the forecast period. OLED displays offer benefits such as high resolution and ultra-high clarity to enhance the value proposition for consumers. These factors have led to increased adoption of AMOLED displays in smartphones. In addition, several OLED makers including BOE display and CSoT in China are heading towards increasing OLED TV production, which is expected to fuel its growth over the future.
• Consumer electronics application contributed to over 50% the overall global revenue shares in 2014. Increasing penetration of consumer electronics is expected to witness healthy growth in Asia Pacific. Proliferation of m-commerce and gaming are anticipated to contribute towards smartphone and tablet growth, which in turn drive the electronic display demand over the next few years. Increasing demand for LED and OLED TVs is also expected to propel the industry growth.
• Retail industry in end-use segment is expected to witness a CAGR of 12.3% over the forecast period. Retailers across the U.S. and Europe are widely adopting digital signage solutions for effective customer targeting. Combined with customer smartphone apps and in-store discounting, digital signage provides significant advantage to the retailers in terms of capturing customer attention and marketing strategy.
• Asia Pacific regional market is expected to grow at a CAGR of close to 15% over the forecast period. Major manufacturers in the industry are based in countries from the Asia Pacific region, such as Taiwan and China, owing to cheap labor and higher production capacities. This has led to an increased adoption if electronic displays in the region.
• Key industry participants include AU Optronics Corp., Cambridge Display Technology Ltd., LG Display Co., Mitsubishi Electric Corporation, Panasonic Corporation, Sony Corp., and Toshiba Corp.

Grand View Research has segmented the global electronic display market on the basis of technology, application, end-use and region:

Electronic Display Technology Outlook (Revenue, USD Billion, 2012 - 2022)

• LCD
• LED
• OLED
• Others

Electronic Display Application Outlook (Revenue, USD Billion, 2012 - 2022)

• Consumer Electronics
• Digital Signage
• Automotive Display
• Others

Electronic Display End-Use Outlook (Revenue, USD Billion, 2012 - 2022)

• Retail
• Entertainment
• Corporate
• Healthcare
• Government

Car DVR Regional Outlook (Revenue, USD Billion, 2012 - 2022)

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

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Farm Management Software Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

The global farm management software market size is anticipated to reach USD 4.22 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 16.7% during the forecast period. The perpetual shortage of water along with growing population in developing countries is compelling governments to seek different ways of increasing food production.

A shift from inefficient traditional agricultural methods to modern agricultural practices would help cope with sustainability challenges in the agriculture industry, which is expected to positively influence the farm management software market over the forecast period.

Increasing awareness regarding benefits of organic foods and their subsequently growing consumption are fueling the demand for higher agricultural output. As a result, industry players are investing in R&D activities to develop effective and efficient drones for enhancing productivity. The Food and Agriculture Organization (FAO) estimated a 60% increase in the demand for agricultural products by 2050, representing an approximate increase by 1% per year, as the global population is likely to reach 9 billion by 2050. Furthermore, growing middle-class population in emerging countries is poised to stoke the demand for agricultural products such as vegetables and fruits. Moreover, increasing uptake of healthier food is boosting the demand for market.

Increasing focus of farmers on crop yield, productivity, and farm efficiency is projected to provide a fillip to the market over the forecast period. Advancements in technologies such as cloud computing and Internet of Things (IoT) are anticipated to promote the usage of big data, artificial intelligence, and robots in farming. Big data plays an essential role in providing predictive insights in agriculture, redesigning business process, and making real-time operational decisions for altering business models.

Global IT companies such as IBM are offering software solutions and big data analytics for precision farming techniques. On the other hand, startups are moving upstream in the value chain and extending their offerings to insurance and advisory services. The value chain of the farm management software market includes suppliers, agricultural OEMs, integrators & service providers, and customers.

Access Research Report of Farm Management Software Market @ https://www.grandviewresearch.com/industry-analysis/farm-management-software-market

Further key findings from the report suggest:

• The emergence of big data, mobile computing, and advanced sensing technology, which supports software are shaping the farm management software market
• The cloud-based deployment model is expected to witness the most promising growth, registering a CAGR of 19.5% over the projected period
• The data, which is collected through sensors and drones, is visualized through platforms developed by service providers
• The managed services segment dominated the market in 2016. Managed services are similar to third party or outsourced services. Most growers adopt managed service providers for drone services as collection of data using drones requires special assistance
• The North American market dominated the market and was valued at USD 492.7 million in 2016
• Some of the key players in the market are DeLaval International AB; CropMetrics LLC; Granular, Inc.; DICKEY-john Corporation; Gamaya; and Raven Industries.

Grand View Research has segmented the global farm management software market based on agriculture type, deployment model, service, and region:

Farm Management Software Agriculture Type Outlook (Revenue, USD Million, 2014 - 2025)

• Precision farming
• Livestock monitoring
• Smart greenhouse
• Others

Farm Management Software Deployment Model Outlook (Revenue, USD Million, 2014 - 2025)

• Web-based
• Cloud-based

Farm Management Software Services Outlook (Revenue, USD Million, 2014 - 2025)

• System integration & consulting
• Maintenance & support
• Managed services
  • Data services
  • Analytics services
  • Farm operation services
• Assisted professional services
  • Supply chain management services
  • Climate information services

Farm Management Software Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
• South America
  • Brazil
• Middle East and Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Supply Chain Analytics Market is Projected to Rise at a CAGR of 16.4% During The Forecast Period

The Report Supply Chain Analytics Market Analysis Report By Enterprise Size, By Service, By Deployment, By Solution, By End-use (High Technology Products, Manufacturing, Healthcare), And Segment Forecasts, 2018 - 2025

The global supply chain analytics market size is projected to reach USD 9.88 billion by 2025, according to a new study by Grand View Research, Inc., rising at a CAGR of 16.2% during the forecast period. Growing need to manage a large amount of business data and use derived insights is triggering the demand for supply chain analytics. Increasing awareness among enterprises regarding benefits offered by supply chain analytics is instrumental in accelerating the demand for analytic solutions in order to improve perceptibility levels across the entire supply chain enablers.

Supply chain analytics solutions can help enterprises achieve growth, enhance profitability, and increase market shares by utilizing derived insights for making strategic decisions. These solutions can also offer a holistic view of supply chain and help in enhancing sustainability, reducing inventory cost, and accelerating time-to-market for products in the long run.

Factors such as ineffective supplier networks, shortening product life cycles, elevated warehousing costs, redundant forecasts, low supply chain visibility, and fluctuating customer demands are also facilitating supply chain optimization, thereby driving the market.

Improved outcomes and cost-effectiveness of supply chain management resulting from the adoption of supply chain analytics is anticipated to encourage the adoption of these solutions in various end-use applications, such as retail & consumer goods, healthcare, and manufacturing. The ability of supply chain analytics to enable effective and efficient management of end-to-end supply processes is estimated to stimulate the growth of the market over the forecast period.

Access Research Report of Supply Chain Analytics Market@ www.grandviewresearch.com/industry-analysis/the-global-supply-chain-analytics-market

Further key findings from the study suggest:

• Sales & operations analytics was the leading solution segment in 2017 because of surging use of machine learning in supply chain analytics solutions to dissect and aggregate data and produce predictive, descriptive, and prescriptive insights. The segment is estimated to post a CAGR of 13.9% over the forecast period
• The professional segment is likely to dominate the supply chain analytics services market over the forecast period. Growing automation of professional services due to rising adoption of big data and analytics coupled with surging demand for improved mobility among service consultants is poised to escalate the growth of the segment
• Cloud deployment is expected to remain the most preferred method of deployment of supply chain analytics solutions. The cloud segment is projected to expand at a CAGR of 17.6% over the forecast period.
• The high technology product segment is anticipated to exhibit the highest CAGR of 19.4% over the forecast period
• The manufacturing segment is estimated to dominate the market throughout the forecast horizon as enterprises are trying to reduce the cost of supply chain as part of their efforts to reduce the overall product cost
• Accenture PLC; Aera Technology; Birst, Inc.; Capgemini SA; Genpact Limited; IBM; JDA Software Group, Inc.; Kinaxis; Lockheed Martin Corporation; Maersk Group; and Manhattan Associates, Inc. are some of the key market incumbents of the supply chain analytics market

Grand View Research has segmented the global supply chain analytics market based on solution, service, deployment, enterprise size, end use, and regions:

Supply Chain Analytics Solution Outlook (Revenue, USD Million, 2014 - 2025)

• Logistics Analytics
• Manufacturing Analytics
• Planning & Procurement
• Sales & Operations Analytics
• Visualization & Reporting

Supply Chain Analytics Service Outlook (Revenue, USD Million, 2014 - 2025)

• Professional
• Support & Maintenance

Supply Chain Analytics Deployment Outlook (Revenue, USD Million, 2014 - 2025)

• Cloud
• On-premise

Supply Chain Analytics Enterprise Size Outlook (Revenue, USD Million, 2014 - 2025)

• Large Enterprise
• Small & Medium Enterprises

Supply Chain Analytics End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Retail & Consumer Goods
• Healthcare
• Manufacturing
• Transportation
• Aerospace & Defense
• High Technology Products
• Others

Supply Chain Analytics Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Photoelectric Sensors Market Industry Size, Driving Demands by 2025

The global photoelectric sensors market size is expected to reach USD 2.09 billion by 2025, according to a new report by Grand View Research, Inc., registering a 6.1% CAGR during the forecast period. These sensors are widely used in packaging and manufacturing industries as they offer numerous advantages such as cost effectiveness, long sensing distances, fast response time, and high resolution. These high-efficiency products are expected to witness an increase demand also owing to benefits such as low maintenance, long operating life, and low power consumption.

Rising penetration of Industrial Internet of Things (IIoT) is further expected to enhance market growth. This growth is attributed to numerous benefits, including maximizing asset utilization, improving productivity, and enhancing work safety. These devices help in connecting machines and devices to enhance efficiency, productivity, and operation of industrial facilities.

The photoelectric sensors market is anticipated to witness a considerable demand over the forecast period, which stems from industries such as healthcare, oil and gas, and military and aerospace across developed and developing countries.

Increasing government regulations pertaining to fuel emissions, along with increasing use of photoelectric sensors in automotive applications such as failure diagnostics, throttle control, contactless positioning sensing, and precision position measurement for better control, are key factors spurring market growth.

The emergence of smart photoelectric sensors is expected to drive market growth over the forecast period. This may be ascribed to several benefits such as reduced down time, lower cost, adaptability for self-calibration and compensation, fewer interconnections between multiple sensors and control systems, lower weight, and higher reliability.

Access Research Report of Photoelectric Sensors Market@ www.grandviewresearch.com/industry-analysis/photoelectric-sensors-market

Further key findings from the report suggest:

• The photoelectric sensors market was valued at USD 1.24  billion in 2016 and is projected to expand at a CAGR exceeding 6.0% over the forecast period. This is largely attributed to rising penetration of IIoT in industrial facilities
• By technology, the retro-reflective segment captured a major market share in 2016. The segment is also expected to grow at the highest rate over the forecast period owing to its capability to offer sturdy construction, low maintenance, and efficient detection of shiny and transparent objects
• The packaging industry as an end-use segment is expected to grow at the highest rate over the forecast period as these products are broadly adopted to detect transparent bottles, control conveyor positioning, and monitor product presence
• The Asia Pacific region is projected to witness substantial growth, exhibiting a CAGR exceeding 6.0% over the forecast period. This is owing to rising industrial automation and increasing government regulations in the developing economies of China, India, and Japan
• Key players such as Panasonic Corporation; Keyence Corporation; Rockwell Automation Inc.; Autonics Corporation; and Schneider Electric SE dominated the market in 2016, with a focus on increasing market presence through mergers and acquisitions.

Grand View Research has segmented the global photoelectric sensors market based on technology, end use, and region:

Photoelectric Sensors Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Diffused
• Retro-Reflective
• Thru-Beam

Photoelectric Sensors End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Automotive
• Military & Aerospace
• Electronics & Semiconductor
• Packaging
• Others

Photoelectric Sensors Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
  • Mexico
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.