Smart Manufacturing Market Stress on Manufacturing Activities in Asia Pacific Fuels Region’s Growth

​Smart Manufacturing Market is an enhanced process of production with the objective of optimizing concept generation, product transaction, and manufacturing. It refers to a merger of operation technology and information technology which work together within an integrated process, in real time scenario. The whole technique implied is usually constituted of capturing data, simulation and modeling, analysis of big data, controlling and planning, and cloud computing.

The strong growth in the industrial internet of things technology market is driving the growth of the smart manufacturing market. Furthermore, growing adoption of analytics tools is acting as one of the major drivers of the smart manufacturing market globally. Increase in smart manufacturing is due to increasing access to the Internet and growing focus on cost reduction and commercial process efficiency. In addition, fall in the cost of important components and advancement in technology are supporting the market currently.

Mass scale technical progress across different domains has led the organizations to adopt innovative technologies, and gather competitive edge over their competitors. Smart manufacturing systems help to reduce redundant system costs effectively, while ensuring that producers achieve cost efficient manufacturing plans. Several developed economies have experienced mass scale adoption of the machine-to-machine communication and internet of things technologies in the industrial sector. These technologies have importantly staged a key driver impacting the growth in the global smart manufacturing market.

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On the basis of various technology types, the smart manufacturing market is segmented into programmable logic controller (PLC), manufacturing execution system (MES), distributed control system (DCS), enterprise resource planning (ERP), human machine interface (HMI), supervisory controller and data acquisition (SCADA), machine vision (MV), and other technologies. In the technologies segment, the enterprise resource and planning segment constituted the biggest market share, followed by the manufacturing execution system segment, in 2015. Enterprise resource and planning is largely used in automation, oil & gas, fishing, retail, media and entertainment, and military. Therefore, the segment generates the largest revenue among all the segments in the smart manufacturing market. In addition, it is ideal for producing digital services. Manufacturing execution system follows enterprise resource planning, and is one of the most widely used smart manufacturing technology to assimilate production operations across several layers comprising maintenance. MES can be particularly significant in structured industries such as food and beverage, and can document and track the evolution of raw materials into finished goods.

Based on end-user industries, the smart manufacturing market is segmented into automotive, food and beverage, aerospace and defense, consumer electronics, energy, and other industries. Rapid growth in demand for connected devices is one of the major factors that are driving the demand for smart manufacturing end-user industries, globally. Automotive and consumer electronics smart manufacturing provide their own resources such as warehouse operators among others. Smart manufacturing in the energy sector has been witnessing an astounding speed of consolidation, due to giant industrial conglomerates taking over smaller organizations rapidly.

In terms of regions, the smart manufacturing market has been segregated into five geographical zones: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America. Currently, Asia Pacific held the major share of the market, followed by North America, Europe, Middle East and Africa, and Latin America. The Asia Pacific region is anticipated to grow swiftly with rise in trade with North America and Europe.

Thin Film Battery Market Trends and Forecast By 2024

In common parlance, Thin Film Battery Market can be defined as any battery which is comparatively thinner as compared to other typical batteries. In thin film batteries, instead of liquid based Li-ion batteries, solid-state electrolyte is used. These electrolytes greatly improve the performance of a battery and its ability to function over a wide temperature range makes its appropriate for use for various applications. The various advantages associated with the use of thin film battery in electronics include lower cost potentially, smaller footprint, less weight and higher energy density. Moreover, thin film batteries have a flat shape and thus enabling the developers to have an option of fitting in a battery according to their plans.

Thin film battery market is expected to grow as a result of various factors such as increasing application of thin film battery in smartphones and phablets coupled with its use in sensor networks. Internet of things in this regard has contributed a great deal for the growth of the market. The increasing demand for wearable devices like such as smart watches and health tracker among others has further propelled the demand for thin film batteries. These devices make use of small batteries as it enables the manufacturers to design them within a manageable size. This factor further enables the manufacturers to focus upon the product development. These kind of batteries can also fit in a vest or a shoe and thus enabling the functionality of wearable electronic. Moreover, the ability of thin film batteries to perform better as compared to other kind of batteries makes its adoption even more common. Furthermore, smart computing is another important factor contributing to the growth of the thin film battery as these devices require inexpensive, reliable and smaller batteries that also provide better battery backup. As a result of its reduced size, these batteries provide unique solutions a wide range of power source problems. Radio Frequency Identification (RFID) devices is another area of application where thin film batteries finds immense application as RFID technology is widely used across various businesses to keep a check on the tracking of shipments. Thin film batteries are also finding application in Transcutaneous Electrical Nerve Stimulation (TENS) devices and drug patches. In both the mentioned applications, the devices are required to have the power source built in order to it becoming bulkier. These factors in combination are expected to contribute to the growth of the thin film battery market positively during the forecast period from 2016 to 2024.

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However, despite the end number of benefits associated with thin film batteries, there are restraints present. One of the noticeable challenges being faced by the thin film batteries includes the shorter operational life as compared to a typical battery. Balancing between the the current rate, the battery capacity and the battery volume is another challenge faced by this battery.

Based on technology, the thin film battery market can be segmented into four categories; Thin-film lithium, Thin-film lithium polymer, Zinc based thin-film, solid state, advanced lithium-ion, laminar fuel cells, stretchable, transparent and others.

The application segments of the thin film battery market will include mart cards and RFID, WSNs, smart wearables, electronic textiles, Internet of Things, smart packaging interactive media, toys, medical applications, portable electronics among others.

Geographically, the thin film battery market has been categorized into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Some of the key players operating in the thin film battery market are Solicore, Blue Spark Technologies, ITN Energy Systems, FlexeI, Samsung SDI, BrightVolt. Front Edge Technology, Imprint Energy, Rocket Electric, Prelonic, Jenax, Cymbet, STMicroelectronics and NEC among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.​

Magneto Resistive RAM Market Share, and Forecast By 2024

​Magneto Resistive RAM Market or Magneto-resistive random-access memory technology has been under development since the 1990s. MRAM is a non-volatile random access memory technology that utilizes magnetic charges for storing data instead of electric charges as in the case of DRAM (dynamic random access memory) and SRAM (static random access memory) technologies. Unlike DRAM and SRAM technologies, that requires constant flow of electricity to maintain data integrity, MRAM retains data even if power is turned off and requires very less amount of electricity in order to store data bits in it.

MRAM, by combining the inherent advantages of both DRAM in terms of density and SRAM in term of read and write speed has the potential of becoming a universal memory in the coming years. The global Magneto Resistive RAM Market is predicted to have tremendous growth opportunity in the coming years as a nonvolatile solid state memory in order to replace other electrically erasable programmable read-only memory (EEPROM) and flash memory where high write endurance is required.

Surge in the demand of flexible and wearable electronics market is the primary factor predicted to boost the demand of Magneto Resistive RAM Market during the forecast period from 2016 to 2024. Currently rapid technological advancements is taking place in the field to flexible and wearable consumer electronics. Flexible magnetic memories forms an integral part of the flexile and wearable consumer electronic devices for storing and processing data.

Moreover, the major challenge of fabricating high performing memory chips on soft flexible substrates without reducing the performance is also eliminated by technologically advanced MRAM technology. MRAM outperforms the traditional NAND memory used in wearable and flexible electronics in terms of data retention capacity after power cut off, low power consumption along with increased processing speed. In addition, MRAM has the capability of operating in extreme temperature condition and can resist very high radiation. Thus, MRAM is also predicted to witness huge demand from various aerospace and military applications in the coming years.

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For the purpose of providing detailed study of the market, the global MRAM market has been segmented on the basis of product type, application and geography. MRAM is available in two different product types including toggle MRAM and second generation MRAM (STT-MRAM). In order to track the market accurately, the third generation MRAM that is predicted to get commercialized by the beginning of 2019, has also been considered within the scope of research. MRAM also finds its application across different product segments such as consumer electronics, robotics, automotive, enterprise storage, aerospace and defense and others. The others segment includes application of MRAM in sensing devices, medical devices and smart meters.

Geographically, the market has been segmented into Asia Pacific, North America, Europe, Latin America and Middle-East and Africa (MEA). In terms of revenue and growth, the Asia Pacific region is anticipated to drive the market of MRAM in the coming years due to rapid growth in computationally intensive applications and rising demand for highly scalable memory solutions. Global Magneto Resistive RAM Market report provides an in-depth study of the current market trend and future forecast during the period from 2016 to 2024 in terms of revenue (USD Million).

This report also provides an exhaustive study of the global Magneto Resistive RAM Market including the key strategies adopted by leading players, market attractiveness analysis by product type, value chain analysis, industry evolution and comparative advantage of MRAM over other memory solutions.

Moreover, the penetration rate of Magneto Resistive RAM Market across various industry verticals during the period from 2014 to 2018 is also highlighted in this report. In addition, detailed analysis of the drivers, restraints and opportunities that are predicted to affect the market in the coming years is provided in this report.

Auto Sector to Remain High-value Industry for Embedded System Market

​Embedded System Market is a field derived through a combined study of software and hardware. Both aspects come together to create a functional targeting device that possesses the advantages of adaptability, speed, accuracy, reliability, power, and smaller size. Embedded System Market possess a wide array of utility in the fields of mobile communication, electronic payment solutions, railways, aeronautics, and automobiles. They can be designed for specific applications in each field and can thus fulfil specialized purposes. The key to utilizing embedded systems comes from mitigating real time calculation constraints, which they can perform exceedingly well. Key application segments of the global embedded system market can be concisely formulated as applications, microcontroller type, and functionality.

The report is a comprehensive analysis of all trends and dynamics that define the global embedded system market. This includes all key drivers, restraints, and opportunities that players can share in the market over the coming years. These dynamics are correlated to each key trend that is affecting the market today, and has affected it in the recent past. Using these factors, the report gathers a conclusive analysis of the global embedded system market for the forecast period from 2015 to 2021.

The global embedded system market is expected to be valued at US$233.19 bn by the end of 2021. This revenue is projected at a CAGR of 6.4% from 2015 to 2021. The primary factor responsible for the current growth pattern in this market is the fast-increasing number of applications for embedded systems in the automotive industry. Cars and other vehicles manufactured currently are being equipped with technologies that are used to perform a large number of real-time functions. In addition to this, the global embedded system market is also benefitting from the growing use of multi-core technologies across various industry verticals. The consumer electronics industry is also witnessing an influx of embedded systems, especially in the devices that use embedded graphics systems.

A large number of highly influential trends for embedded systems players are visible in the fields of telecommunications, aerospace, defense, and healthcare. Each of these fields is making greater usage of embedded systems to perform complex functions with high accuracy. The scope of embedded systems grows even further with the inception of the Internet of things concept. The growing need for smart electronics and connected devices across various industries in the world is giving rise to a heavy demand for efficient embedded systems.

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The future of the global embedded systems market lies in the low performance controller applications, as well as the creation of low power consumption systems.

A large chunk of the total revenue obtained by players in the global embedded systems market is expected to come from North America. This region has consistently remained at the top of the consumption charts for embedded systems and is likely to continue showing a high demand for them. Additionally, North America has had a significant head start in the use of embedded systems and holds the presence of a large number of the globally prominent players.

Asia Pacific is expected to show a meteoric rise in demand for embedded systems in the coming years. This region contains a large number of industries that are rapidly evolving and showing the need for advanced technologies and systems.

The key players in the global embedded systems market include Intel Corporation (U.S.), Microsoft Corporation (U.S.), NXP Semiconductors (Netherlands), Atmel Corporation (U.S.), Renesas Electronics Corporation (Japan), HCL Technologies, Ltd. (India), Infosys, Ltd. (India), Freescale Semiconductor, Inc. (U.S.), Infineon Technologies AG (Germany), and Texas Instruments, Inc. (U.S.

Pet Wearable Market Availability of Advanced Substitutes Threatening Uptake of Identification and Tracking Devices for Pets

​This market research study analyses the Pet Wearable market on a global level and provides estimate in terms of revenue (USD million) from 2016 to 2024. The report segments the market based on the technologies which include Sensors, GPS and RFID. All these segments have been estimated on the basis of geography in terms of revenue (USD million). In addition, the market is segmented by applications such as medical diagnosis & treatment, behaviour monitoring & control, facilitation, safety & security, identification and tracking.

Pet Wearable Market essentially refer to devices designed for pets, which perform crucial functions including but not limited to identification, tracking, controlling and monitoring of pets. Furthermore, with the advancementof technology pet wearable devices for enabling medical diagnosis & treatment and facilitation, safety and security is fast emerging as a popular product segment globally. These devices are designed specifically for dogs, cats and other pets and pet owners use the information generated to gauge their pet’s health conditions and whereabouts in real time. Additionally, innovative features such as setting up geo fencing for pets, setting up an alert mechanism if a pet crosses the designated geo fence, gauging the amount of rest and activity of pets have become essential features to pet wearable devices.

The report elaborates on the type of technologies based on which Pet Wearable Market devices are designed. Primarily technologies used in the devices include (GPS) Global Positioning Systems, (RFID) Radio Frequency Identification and sensors. Moving along the study highlights the share of these technologies of the global pet wearable market. The report features the growth rate and market size of these technology segments along with the projected market sizes for the forecast period. The study also explains the factors driving or hindering the growth of individual technology segments. The study finds that the market is mainly dominated by GPS based trackers and RFID receivers however, devices equipped with temperature sensors, motion sensors and accelerometers among others, which monitor heat patterns of the animal’s body and environment and daily activity patterns such as playtime, walks, and rest duration are gaining significant demand in the global market.

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The research further segments the market in terms of application areas of pet wearable devices. It is segmented into identification & tracking, facilitation, safety & security, behaviour monitoring & control and medical diagnosis & treatment. So far, majority of the demand in the market has been in the form of products capable of providing identification and tracking of pets and dairy animals. However, the adoption of these devices is expected to decline over the next couple of years, primarily due to the availability of other feature rich products capable of providing same benefits along with other advanced features. It is anticipated that the demand for devices providing medical diagnosis will experience the strongest demand mainly because of the rising awareness about pet health and fitness among pet owners especially in the mature and developed markets of North America and Europe region.

The report segments the market on the basis of geography into North America, Europe, Asia Pacific (APAC), MEA and Latin America, and these have been estimated in terms of revenue (USD million).

For a better understanding of the pet wearable market, we have provided a detailed analysis of the supply chain. A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints and opportunities is included in the purview of the report. Market dynamics are the distinctive factors which impact the market growth, thereby helping to understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2016 to 2024, along with offering an inclusive study of the pet wearable market.

The report offers company market share analysis of the various industry participants. Key players have also been profiled based on company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of Pet Wearable.

Logistics Market Roadways to continue being Most Favored Mode

​Logistics Market is a part of supply chain management that is used to meet the customer demands through the implementation, control and planning of the storage and movement of the goods from origin to destination. The speedy growth in the internet retailing market is driving the growth of the logistics market. Increasing popularity of the online shopping globally is acting as one of the major driver of the logistics market globally. Increase in online shopping is due to increasing access to the internet and growing preference of customers for online shopping. In addition, ease of access, convenience related to the home delivery of objects and advantages such as customization and refinement of results from a variety of objects are supporting the market currently.

Based on the various transport infrastructures, the logistics market is segmented into road transport, waterways transport, rail transport and air transport. Road transport is further being sub segmented into semi-trailer, truck-trailer, refrigerated truck, flatbed truck, lorry tank and others. Waterways transport is further be classified into dry storage container, open top containers, refrigerated ISO containers, tunnel container, insulated and thermal container and others. Rail transport is further being sub divided into tank railcars, covered hopper railcars, pressure differential railcars, air-slide railcars and others.

Air transport is further be classified into deck cargo, upper deck cargo and over size or odd size cargo. Based on the various transport infrastructures of logistics, the road transport segment constituted the biggest market share, followed by the rail transport segment, in 2015. The road transport are largely served in automotive, industrial and manufacturing, oil & gas, fishing, retail, media and entertainment and military, therefore, the segment generates the largest revenue among all the segments in the logistics market. In addition, it is ideal for transporting perishables such as fruits and vegetables. Rail transport follows road transport and is one of the most widely used transport infrastructure to carry goods to various parts of a countries. A train can carry large volume of resources in a short period and so it is preferred by different application sectors.

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Based on the various logistics model types, the logistics market is segmented into first party logistics, second party logistics, third party logistics and others. Rapid growth in internet retailing market such as Amazon, eBay and Walmart among others is one of the major factors that are driving the demand for logistics model types, globally. 2nd party logistics provide their own resources such as warehouse operators and truck owners among others. 2nd party logistics is a resources based carrier, which owns their own means of transportation. 2nd party logistics would be shipping lines which charter, lease or own their ships; airlines, charter or lease their truck and planes companies and lease or own their trucks.

By geography, the logistics market is have been classified into four regions namely North America, Europe, Asia-Pacific, and Rest of the World (RoW). Currently, Asia Pacific held the major share of the market, followed by North America, Europe and Rest of the World (RoW). This region is expected to develop at a swift pace with increase in trade with North America and Europe. Regional players are focused on partnerships with players in regions such as Africa. It is expected that trade between China and Africa will surpass the trade between Europe and the U.S. in the coming years.

Key players profiled in this report include J.B. Hunt Transport Services (United States), C.H. Robinson Worldwide, Inc. (United States), Ceva Holdings LLC (United Kingdom), FedEx Corp. (United States), United Parcel Service, Inc. (United States), Expeditors International of Washington Inc. (United States), XPO Logistics Inc. (United States), Kenco Group (United States), Deutsche Post DHL Group (Germany), Americold Logistics, LLC (United States) and UTi Worldwide Inc. (United States) among others.

Consumer Electronics Market Forecast By 2022

​Consumer Electronics Market cover all the electronic devices most often used for entertainment communications and office work. Smartphones, personal computers, tablets, laptops, notebooks, radios, digital cameras, televisions, MP3 players, audio equipment, calculators, camcorders and personal care devices and gaming consoles are some of the major consumer electronics devices.

Consumer electronics products are evolving rapidly to meet the changing requirements of the consumers. Increasing disposable income, decreasing prices of consumer electronic devices and introduction of technological advanced devices are the primary factors driving growth of the consumer electronics market globally. Introduction of connected devices and innovative mobile technologies which enable it to interact with other devices is fuelling the adoption of recent consumer electronic devices globally.

The global consumer electronics market is classified on the basis of product type as televisions, handheld devices including mobile phones, tablet PCs, personal digital assistants, calculators personal computers including laptops and desktops, cameras and camcorders, audio/video devices including portable MP3 players, music systems, accessories, personal care products including shavers and hair dryers, and gaming consoles. The handheld device segment account for majority of share in the terms of revenue in total consumer electronics market and is expected to continue dominating the market throughout the forecast period. Smartphones with enhanced features are displacing the need for other consumer electronics products such as standstill cameras, laptops, MP3 audio players, wristwatches, alarm clocks, gaming devices, and landlines and GPS navigators among others.

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Therefore, the market has observed decline in the revenue of personal computer, laptop and camera and camcorders segment. The audio/video device segment is anticipated to be the fastest growing product segment over the forecast period. Introduction of wireless audio devices and its decreasing price is cementing the growth of the market in this region. With increasing competition, the prices are further anticipated to decrease which would helped trend to continue during the forecast period. On the basis of end-use application the market for consumer electronics is categorized as residential/personal applications and commercial applications. The residential segment is the largest end-use application segment. Increasing demand for smartphones and tablets by an individual is the key factor driving the growth of consumer electronics market in the residential end-use application segment. The commercial application segment is anticipated to driven by increasing demand for display screens, advertisements and big-sized televisions in the commercial sectors.

The consumer electronics market is highly competitive with major players witnessing cut-throat competition across most of the segments covered under the scope of the market. In order to sustain in the competitive environment, market players are offering low cost consumer electronics products in price sensitive regions such as Asia Pacific and MEA. Increasing sales of companies such as Xiaomi, Inc. and Micromax elucidates the winning strategy adopted by them in the emerging regions. The growth in the North America is mainly fueled by technological advanced products which are driving consumers to replace the old products with the latest ones.

Major players in the Consumer Electronics Market include Samsung Electronics Co. Ltd, Sony Corporation, LG Corporation, Apple, Inc, Canon, Inc, Nikon Corporation, Koninklijke Philips N.V., Panasonic Corporation, Dell, Inc, and Hewlett-Packard Company.