Panel Mount Controllers Market: Growing Economy Across The Globe

Industrial automation is defined as the combination of factories, test equipment and machinery with the technology which make these systems automated. The automation market is poised to grow at a high rate in future because of the growing economy across the globe.

Panel mount controllers work on a simple technology of fixing the number which can be temperature, pressure, voltage, current, or power and the input quantity is compared with these numbers which display the amount of change which occurred in these values. Panel mount controllers are used by operators to identify the errors and to correct it.

Market Overview:

Panel mount controllers are used in automation industry because they provide regulation control of temperature, flow control, pressure, and other variables. Panel mount controllers are highly used in industries because of their great efficiency and precision. An alarm system is attached to these systems which ring if there is any change in the values of temperature, pressure or other electronic quantities. To check these problems manually, is both times consuming and tedious and if working on high temperatures can be unsafe so it is important to use panel mount controllers which make this task simple and efficient. Panel mount controllers market is expected to grow at a high CAGR in the forecast period.

Market Dynamics:

The biggest driving force of panel mount controllers is the efficiency and simplicity which it provides which helps in increasing the number of consumers resulting in increasing the growth of panel mount controllers market. Panel mount controllers can be used in almost every industry which needs a proper regulation control device. These devices have a software installed in it which automatically transfers the data to the engineers so that they can take the necessary action.

However, the panel mount controllers market has certain restraints as it requires skilled labors because of the advance technology used in these devices. Apart from the labors, the cost required for installing these devices is very high which cannot be afforded by small and medium enterprises. The decreasing human interface in the automation systems is resulting in decrease in jobs which is affecting the economy of the region. The software used is also very complicated and the maintenance costs of panel mount controllers are high.

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The growing demand for automation has created a lot of opportunities for panel mount controllers because of the growing industrialization and economy.

Market Segmentation:

The panel mount controllers market is segmented by type of controller, end – user industry, applications, and region.

By types of controller, the panel mount controllers market is segmented into automatic, and proportional control code controller.

By end user industry, the panel mount controllers market is segmented into Biotech, Industrial heating, Water and waste, Chemical, Power Generation, Food Processing, Pharmaceutical, Manufacturing, Semiconductor, and Metals Processing.

On the basis of the application, the panel mount controllers market is segmented into drying ovens, power monitoring, fermentation processes, sterilization, environmental monitoring, freeze drying, flow monitoring and heat treating.

Organic Light Emitting Diode Market Lucrative Opportunites across Globe

Organic light emitting diode (OLED) are electronic devices which emits light when an external electrical voltage is applied to it. Organic light emitting diode uses thin film organic electroluminescent materials, these material emit light when stimulated by electricity, and each pixel can change its state instantly. Organic light emitting diode have the exclusive properties such as lightweight, flexibility, transparency and color tuning ability that makes them an ideal modern light source. Organic light emitting diode (OLED) have advantages over traditional LED in terms of good contrast ratio, good viewing angles, good motion blur pictures and fast response time. These are widely used as digital displays in devices such as T.V screens, computer monitor & portable systems like mobile phones, MP3 players and digital cameras. Organic light emitting diode are environmental friendly as it does not contains mercury elements, thus eliminating disposal and pollution problems associated with fluorescent lighting. Active matrix and passive matrix OLED’s are most widely used organic light emitting diodes. Passive Matrix OLED (PMOLED) are cheaper and easy to fabricate, these are used in small displays such as MP3 players to display small icons and character data’s. Active matrix OLED have faster response time and are used to make large flexible displays. Organic light emitting diodes have penetrated traditional LED lighting market by completely replacing the LED’s.

There are various factors which are driving the growth of organic light emitting diode market. Increasing demand and superior performance of organic light emitting diode (OLED) over traditional LED is one the key driver which is driving the organic light emitting diode market. These organic light emitting diode have replaced LED lightings that are being used in commercial and household lightings. There are also other factors such as lower cost of raw material that would further drive organic light emitting diode (OLED) market. Also scientific research has been carried out on materials used in organic light emitting diodes in Asian laboratories in order to reduce its price and improve its efficiency. However there are certain factors which can hinder the growth of organic light emitting diode market. Ink-jet printing technology is used for manufacturing and fabrication of organic light emitting diode. This technology is costly as they use conductive polymer substances which are expensive.

The global organic light emitting diode (OLED) market can be segmented as, by technology, by display application, by type and by geography. By technology, the market can be sub- segmented as PMOLED (passive matrix OLED), AMOLED (active matrix OLED), transparent OLED, top-emitting OLED, foldable OLED and white OLED. By display application, it can be further segmented as smartphones, T.V screens, automotive, lighting and others. By type, it can be further segmented as flexible displays and rigid displays.

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Geographically, organic light emitting diode (OLED) market is distributed into Asia, Europe, North America, South America & Middle East & Africa (MEA). Asia Pacific market is expected to dominate the organic light emitting diode (OLED) market due to extensive use of organic light emitting diode (OLED) in T.V screens, mobile displays and computer displays, and these products have high growth in Asia pacific region.

Key players in the organic light emitting diode (OLED) markets include Samsung Electronics, LG Display, Universal Display Corporation, AU Optroincs, Tianna Microelectronics, Osram, Konica Minolta, Acquity Brands, OLEDWorks, Kopin Corporation and Lumiotec Inc. etc. Samsung electronics and LG Displays are the major leaders utilizing OLED in their devices. In order to gain a competitive advantage in the transparent display market, these tech-giants are strongly involved in organic and inorganic production and expansion strategies, collaborations, partnerships, agreements, and new product development and improvements in existing products are some of the important strategies adopted by them.

Online Advertising Market: Rise Of Internet Of Things (IoT)

Global Online Advertising Market: General Overview

The technological revolution that has surfaced on the face of the earth has digitalized all the industrial longitudes, thus, making room for online advertising market to skyrocket its sales and volume. The ubiquitous existence of gadgets, rise of Internet of Things (IoT), and propelling internet facilities are perpetually creating an online presence for all the masses. This shifts the imperative marketers to ensure that advertisement go online order to gain traction from a larger public. Besides this, online advertisements focus on inbound marketing techniques without intruding the personal space of the consumers and focus on subtly persuading the customer to delve into the offerings of the market. The global online advertising market is expected to immensely benefit from the psyche of the consumers who are turned off by traditional marketing methods such as one-to-one conversation, direct e-mails, cold calling, and trade shows. In this scenario, when online advertising entertains consumers with innovative graphical content tactics, the consumers pay attention to the product that is indirectly being promoted through the advert. Although the fundamental nature of online advertising is attractive to the viewers, there are pop-ups and random redirections on the web that agitate the viewers, thus, posing a threat to the market by alleviating efficiency.

Amongst the various geographical pockets, North America is expected to be the unruly regional leader due to a budding industry of videographers, social media managers, and online analysts who are bolstering the market. Moreover, U.S. is the hub of activities centered around online channeling, which shall further proliferate the market in North America.

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Global Online Advertising Market: Overview

Also known as web advertising and Internet advertising, online advertising refers to the use of the Internet for marketing and advertising of products and services. Finding new customers, promoting new products, and diversification of revenue streams becomes easy with the use of online advertising. Paid search or pay-per-click advertising (PPC) is perhaps the most widely used type of online advertising. Paid search enables a person to find relevant terms and phrases (keywords), which form the basis of this type of advertising. Paid social advertising is another way of advertising via the Internet. It is also possible to combine the two types of advertising, in order to reap maximum benefits of these platforms.

Based on type, the global market for online advertising can be segmented into email marketing, banner marketing, social media optimization (SMO), online video advertising, search engine optimization (SEO), and local online advertising.

Global Online Advertising Market: Drivers and Restraints

The switch from traditional print media to online advertising is influenced by recent technological advancements in communication technologies. The increasing number of smartphone users worldwide, growing number of broadband service providers, and extensive usage of the internet by innumerable users are triggering the growth of the global market for online advertising.

As the creation of appealing banners and advertisements via online sources promises more attention from the customers, this platform is increasingly preferred by innumerable businesses over the globe. Also, online advertising can be more convenient and cost-efficient, at the same time offering a broader platform, when compared to traditional advertising using the television and the print media. Alarming degree of addiction to smart devices such as tablets, laptops, and smartphones has also been aiding market growth.

Nuclear Response Robot Market: Wireless Communication In Case Of Emergency Situations

Nuclear Response Robot Market: Overview

Though robots have been developed since many decades, they are still not able to reasonably supplement humans in several tasks, such as assisting them in nuclear plants. This is no longer the case now, because now robots have been developed which have sufficient mobility, sensors, size and tooling to be effective in emergency situations. People in nuclear industry have now started to recognize the benefits of automated technologies and have started investing in such technologies.

Nuclear response robots are specially designed automated machines which are programmed to assist humans in safe functioning of nuclear power plants. Nuclear plants have several hazardous operations such as handling of radioactive material, disposing the used material and leakage detection in emergency situations. The robots are specifically designed to assist workers in such situations. Thus to manage radioactive materials, nuclear responsive robots are now being adopted in few countries. Nuclear response robot market is anticipated to grow at a steady pace by 2020.

The post Fukushima nuclear power plant incident in Japan has raised concerns about the safety of plants in cases of such disasters. Thus for safe handling of nuclear plants, technological development will consistently be an important issue. Nuclear response robot technology will be driven by the fact that, more nuclear plants are to be deployed in future and safety would be the prime priority in such installations. Recently Chiba Future Robotics developed a robot, which can roll on dangerous radioactively contaminated grounds where firemen cannot easily enter.

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Nuclear Response Robot Market: Drivers and Restraints

Research and Development in the field of nuclear response robots is likely to increase owing to specific requirements of nuclear plants in coming future. There are some issues that need to be resolved for wide adoption of technology. Primarily the material availability may act as a restraint for technological development. The material must be of high quality that does not alter with the reach of gamma rays in order to bear the radiation exposure. Another major issue for the nuclear response robots market is the unreliable wireless communication in case of emergency situations.

Nuclear Response Robot Market: Segmentation

The nuclear response robots can be segmented based on their applications. These robots are equipped with different sensors and come in different sizes based on their application. A majority of these robots are tele-operated. These robots can assist humans in, operation & maintenance of industrial nuclear facilities and maintenance in nuclear reactors. They are of special use in areas where safety concerns related to humans are high, such as decommissioning & dismantling nuclear facilities and emergency intervention situations.

The global demand for nuclear response robots was very low until the recent accident in Fukushima power plant took place. At present no nuclear plant is in as insecure a state as Fukushima, but adoption of robots in nuclear plants around the world would reduce risks for plant workers. Now many nations which are investing in nuclear power plants have also started to invest in this technology. Especially countries like China, Japan, France and Russia are potential markets for nuclear response robots. The regional segmentation will be done as North America, Asia Pacific, Europe and Rest of the world (Row).

Nuclear Response Robot Market: Companies Mentioned in the Report

There are many major technological innovators investing in nuclear response robots. Key companies in this industry are Mitsubishi, Hitachi, Romotec, General Dynamics, iRobot, Thales Group, Boston Dynamics, ECA Robotics and Elbid Systems.

Networked Entertainment Solutions Market: Online Services And Cloud-Based Applications Throughout Home

The modern era entertainment that is in demand includes 3-dimensional movies, social networking and live TV. The electronic devices that deliver such form of entertainment include smart TV, set-top boxes, tablets and smart phones. These electronic devices work together or are interconnected to form a network so that they are able to deliver the modern era entertainment. Networked entertainment solutions deals with the hardware or software solutions, which is at the core of modern entertainment, delivering exceptional performance with optimum energy requirements. Such solutions enable customers with unfettered access to various entertainment services like YouTube and Netflix with “always-on” connectivity and high definition quality of videos, media services and streaming capabilities. The solutions offered by networked entertainment industries are fully customizable, easy to install and operate and can manage applications ranging from simple audio visual extension to fully managed multimedia systems.

The networked entertainment solutions market can be segmented on the basis of integrated technologies, solutions offered and the industry types. On the basis of technologies, the market can be further segmented into wireless, wireline, broadband and ethernet. In wireless technologies, the networked entertainment solutions enable seamless connectivity and interactivity with online services and cloud-based applications throughout home. In wireline technologies, the solutions optimize networking into high speed internet and connected device networks. In broadband technology, these solutions offer high speed and cost effective broadband connectivity that enhance user-experience for interactivity, video and cloud centric applications. In ethernet technologies, such solutions enable convenient and powerful networking. On the basis of solutions, the market can be further segmented into mobile solutions, digital entertainment solutions, cloud and infrastructure solutions, smart energy solutions and plug computer solutions. On the basis of industry types, the market can be further segmented into corporate, healthcare, government, education, entertainment, retail and places of worship.

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With the advent of internet technologies, it is now becoming possible to access entertainment channels 24×7. For better sound quality and high definition picture viewing, it is mandatory to have electronic devices that support such high quality entertainment. This triggers the demand for electronic items like smart phones, tablets and high definition television sets with innovative features and solutions that can manage these applications. This a major contributing factor to the growth of networked entertainment solutions market. Another driver is the changing lifestyle demanding effective and efficient use of energy systems.

The networked entertainment solutions deliver comprehensive solutions to such demands and tackle power usage problems and environmental challenges. However, some high-tech entertainment electronic devices are too expensive to get them repaired in case if there is any fault. Replacing such devices with the new ones is a very costly affair. Due to high installation and replacement costs, many users are reluctant to continue using traditional entertainment devices. This is a major roadblock affecting the growth of network entertainment solutions market. Since there are rapid innovations in networked entertainment solutions, the networked entertainment solutions market foresees tremendous growth potential in coming few years. Some of the major players in this line of business include SVSi (U.S.), Entertainment Solutions Inc (U.S.), and Marvell (U.S.) and Rovi Corporation (U.S.) among others.

Motorcycle Advanced Driver Assistance System Market: Increase In In Demand For Automated Systems

A motorcycle advanced driver assistance system (ADAS) is an advanced active system that assists motorists in the driving process. Motorcycle advanced driver assistance systems make rides smarter by achieving higher standards of communication in traffic. Application of motorcycle advanced driver assistance systems includes adaptive cruise control (ACC), traction control system (TCS), anti-lock braking system (ABS), and miscellaneous. Advanced driver assistance systems in motorcycles improve the efficiency and performance of the vehicle. The adaptive cruise control function monitors engine revolutions per minute (rpm) and speed used to adjust the riding pattern according to terrain surface.

Rise in demand for active safety systems in motorcycles owing to the rise in number of accidents and injuries is expected to be a key factor driving the motorcycle advanced driver assistance system market during the forecast period. Rapid technological innovation in the motorcycle manufacturing industry owing to demand of advanced safety systems is a prime factor boosting the expansion of the motorcycle advanced driver assistance system market during the forecast period. Benefits of motorcycle advanced driver assistance systems such as automation, vehicle efficiency, technology, and better traction are expected to boost the market. This is expected to augment the motorcycle advanced driver assistance system market during the forecast period. The motorcycle advanced driver assistance system market is likely to expand at a significant rate owing to the surge in replacement of safety-related motorist action with technology and increase in in demand for automated systems that are expected to be safer than existing systems. Motorcycle advanced driver assistance systems are expensive and require regular maintenance. This is estimated to restrain the motorcycle advanced driver assistance system market during the forecast period.

The motorcycle advanced driver assistance system market can be segmented based on application, vehicle, component, component sales channel, and region. Based on application, the motorcycle advanced driver assistance system market can be categorized into four segments. The anti-lock brake system segment accounts for a prominent share of the market. The anti-lock brake system is a safety system that allows the wheel of the vehicle to maintain tractive contact with the road surface, according to the motorist’s inputs, while braking, preventing the wheels from locking up, and avoiding uncontrolled skidding.

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In terms of vehicle, the motorcycle advanced driver assistance system market can be classified into gasoline motorcycles and electric motorcycles. The gasoline motorcycles segment accounts for a prominent share of the market owing to higher sales of the gasoline motorcycles and increase in demand for safety systems from end-users, especially in developed countries. The segment is expected to maintain its dominant position in the market during the forecast period.

In terms of component, the motorcycle advanced driver assistance system market can be divided into five components. Among components, the sensors segment accounts for a significant market share owing to an increase in the number of sensors installed in vehicles for various purposes. Advancements in the field of electronic sensors are also likely to boost the expansion rate of the sensors segment during the forecast period.

Based on component sales channel, the motorcycle advanced driver assistance system market can be bifurcated into original equipment manufacturers (OEMs) and aftermarket. The OEMs segment accounts for a higher share of the motorcycle advanced driver assistance system market, as compared to the aftermarket segment. This due to higher consumer demand for vehicle’s safety and mandatory government norms, resulting in the incorporation of safety systems in modern bikes.

Based on geography, the motorcycle advanced driver assistance system market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe accounts for a major share of the global motorcycle advanced driver assistance system market owing to the high rate of adoption of the systems and development of the automotive sector infrastructure, leading to an increased production of vehicles with safety systems, especially in Germany, France, the U.K., and Spain. Major motorcycle manufacturers are present in this region, thereby fueling the motorcycle advanced driver assistance system market. Implementation of safety systems by regulatory bodies in the region is also a key factor that is estimated to propel the motorcycle advanced driver assistance system market during the forecast period.

Prominent players operating in the global advanced vehicle control system market include Robert Bosch GmbH, Continental AG, Ducati Motor Holding S.p.A, NXP Semiconductors, BMW Motorrad, ZF Friedrichshafen AG, Honda, Garmin Ltd., Suzuki Motor Corporation, and TVS Motor Company.

Mens Personal Care Products Market: Fastest Growing Sectors In The Consumer Industry

Men’s personal care products are a wide range of products used in personal hygiene. These products are also used to improve personality and for grooming. Men personal care products are basic products used to enhance appearance. These products are also used to provide nutrition for skin and hair. Global manufacturers are investing in personal care products due to high demand from consumers. This is one of the fastest growing sectors in the consumer industry and is growing significantly due to rising awareness about hygiene. Men these days are concerned about their looks to feel attractive and thus the demand for men personal care products is projected to show substantial growth during the forecast period.

The global men personal care products market is segregated based on product type, ingredients, distribution channel, and region. The men personal care products market based on product type is segmented into hair care, oral care, shaving products, skincare, cosmetic products, personal cleanliness, and others. Based on hair care, the men personal care products market is further segmented into shampoos & rinses, hair conditioner, hair gel, hair oil, hair sprays, and hair colors. The oral care segment includes mouthwashes, breath fresheners, and dental care. Shaving products includes shaving lotion, shave oil, shave gel, foam, and soap. Based on skincare men, the personal care product market is categorized into body lotion, hand creams cleansers, face & neck lotion or cream, and moisturizers for a specific purpose such as anti-acne cream, sunscreen, anti-aging cream and pollution protection lotion. Based on personal cleanliness, men personal care products are segmented into soap, fragrances, and body powder. It also includes others essential products such as bathing shower gel, facial makeup, beard gel, nail care, armpit perfumes or deodorants, among others. In terms of ingredients, the men personal care products market is segmented into natural or herbal ingredient products and synthetic ingredient products. Based on distribution channel, the men personal care products market is segregated into online distribution channel, and offline distribution channel which includes e-commerce channels, supermarkets and hypermarket, departmental stores, and other retail stores.

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In terms of region, the global men personal care products market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. In North America, the growth in the fashion industry is fueled by increase in usage of men personal care products. In Europe, easy availability of men personal care products and growing concern about looks, personality, and trending fashion enhances usage of men’s personal care products. Asia Pacific is also a growing market owing to rise in demand for herbal products, thereby emerging as a huge market for men personal care products. In Middle East & Africa, endorsement of marketing campaigns by celebrities is helping attract personal care products for men. The rise in demand for men’s personal care products may drive investors to invest in the global business.

The drivers for men personal care products market are growth in urbanization, increasing corporate sector, high purchasing power, and awareness about skin care protection. However, it has constraints such as rise in manufacturing cost due to increase in cost of raw ingredients and packaging material. However, the men personal care products market has opportunities such as improving distribution channels, promotion of herbal products, innovation of new products, and targeting men’s parlors to gain better business.

Loop Filters Market: Measuring Equipment Is One Of The Major Opportunities

Loop filters play an important role in removing any sort of unwanted components with high frequency which might pass out of the phase detector and appear in the voltage controlled oscillator tune line. They would then appear as spurious signals on the output of the VCO. Moreover, the loop filters also helps the VCO to change its frequency fast as required in operations. Furthermore, the loop filter primarily provides the stability of the loop. The design of the filter is very important for the whole system. If it the design of the filter is not right then oscillations may build up around the loop, and the large signals will appear on the tune line. Consequences of that are the Voltage Controlled Oscillator will primarily be forced to sweep over large bands of frequencies. The application of loop filets with proper designs will primarily prevent this kind of hazardous situation. The loop filters market is segmented into by type which includes passive loop filter and active loop filter (Type A and Type B). The loop filters market has been segmented into by application which includes aerospace & defense, telecommunication, research among others. The market for loop filters has been segmented geographically into Asia Pacific, Europe, North America, South America and Middle East and Africa.

Growing usage of smartphone and other gadgets is increasing the demand for loop filets globally. Increasing application of frequency synthesizer is another major demand booster for the loop filters market globally. Growing application of loop filters in military and aerospace along with research field is another major driver for the loop filters market across different regions globally. Radio frequency capable chips and CIS applications across telecommunication field is also considered as one of the key demand stimulating factor for the loop filters market globally. Increasing demand for cost effective components to supply sufficient voltage to operate the VCO tuning voltage is also fueling the market for loop filters globally. Furthermore, features like lowest noise and requirement of least board space are some of the key points which are behind the increasing application of passive loop filters different fields. Type A active loop filters allows the charge pump voltage to be fixed in the application for better and improved spur performance and reduces the requirements for input rails for the OP AMP used. In case of Type B active loop filter a simple gain stage is placed before the VCO. It has the added benefit of providing isolation in the loop filter. For instance, the capacitor next to the VCO can be chosen larger, to reduce the impact of the VCO input capacitance. These technical features and application convenience is also another major driving factor for the market. Design complexities and lack of product quality are some of the major restraints for the market which may hinder the growth of the market over the forecast period. With the growing research activities in the application of loop filters in measuring equipment is one of the major opportunities for the market.

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In 2016, North America is leading the market for loop filters in terms of revenue, followed by Asia Pacific and Europe globally. The U.S. contributed largest share for the loop filters market, followed by Canada and Mexico across North America. China is leading the market owing to its technological advancement in the field of loop filets, followed by India, Japan, South Korea and Taiwan among others. Germany, the U.K., Italy and France contributed prominent shares in the loop filters market in terms of revenue across Europe. The U.A.E, South Africa, Brazil and Argentina among others are dominating the market for loop filters across Middle East and Africa and South America. Increasing advancement in the telecommunication sector is one of the major factors behind the growing application loop filter across Middle East and South America. 

Fingerprint Scanner Market: Rising Demand For Consumer Electronics

Fingerprint scanners are a type of biometric system which uses stored information about a person’s unique fingerprint traits for authentication purposes and to provide access to a system. These scanners are widely used across various end-user segments including consumer electronics, commercial, health care, and defense. The global fingerprint scanner market is expected to witness robust growth from 2017 to 2025 owing to the product’s high accuracy and low cost. The significant adoption of fingerprint scanners in cloud computing along with their extensive use in smartphones are likely to boost the demand for them in the next few years. In addition, fingerprint scanner have significant application in online payment transaction and in smartphone applications.

The global fingerprint scanner market is predicted to expand rapidly during the forecast period due to the emerging trend of the single sign-in system which helps the user to log on to his or her computer with a single touch of the finger rather than having to use a password or login ID every time. It provides security; eliminates the use of patterns, PIN codes, and passwords; and reduces threats related to stealing, hacking, and misuse of data. The emergence of mobile commerce is another important factor anticipated to drive the market for fingerprint scanners during the forecast period. The product offers advanced security in banking and other payment applications for mobile users. Mobile payments are increasing gradually with more people transferring money and shopping on phones. For instance, application such as Apple Pay and Samsung Pay are likely to drive the fingerprint scanner market.

Despite the multiple drivers, the lack of awareness among users regarding security issues and absence of standardization in the process of implementation & development of the technology are projected to lower its adoption rate during the forecast period.

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The global fingerprint scanner market is classified on the basis of type into the swipe and area & touch varieties. The latter is estimated to expand at a high rate during the forecast period as it is preferred by several OEMs due to its accuracy, smaller size, and convenience. Based on technology, the fingerprint scanner market is categorized into the capacitive & RF capacitive sensing, optical sensing, and others segments. The capacitive & RF capacitive sensing technology is predicted to dominate the market during the forecast period due to its compactness and high accuracy. Based on end-user, the fingerprint sensor market is divided into the following categories: consumer electronics, aerospace & defense, immigration, banking & finance, health care, and others. The rising demand for consumer electronics is expected to drive this segment during the forecast period besides the increasing use of fingerprint sensors in laptops, tablets, and smartphones.

In terms of geography, the global fingerprint scanner market has been distributed over North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held a major share in the fingerprint scanner market in 2016. The market in Asia Pacific is predicted to display growth during the forecast period due to the burgeoning consumer electronics sector in the region. The government here has started taking the initiative to implement biometric systems due to security concerns. In October 2016, Japan’s Ministry of Economy, Trade, and Industry planned to test cashless payment using the fingerprint technology to make transactions easier and safer for tourists. These are the primary propellants of the market in this region.

Eye Cream Market: Huge Population Growth And Rising Number Of Local Brands

Creams that have been specifically formulated for the treatment of the delicate under eye part are termed as eye creams. These creams usually have higher oil content than the regular face creams or lotions, and contain a high amount of active pharmaceutical ingredients to reduce or erase dark circles, aging lines, and wrinkles.

The global eye cream market is driven by various factors, for instance increasing availability of customized products that are easy to use, lifestyle changes, and rising number of beauty shops, which are estimated to drive the eye cream market throughout the forecast period 2018 – 2026. Furthermore, benefits offered by new product include advanced treatment solutions and they are designed for different skin types which are the key drivers likely to expand the overall eye cream market in the coming years. However, health issues related to harmful chemicals used in the products is projected to hinder the eye cream market in the future. Furthermore, increasing penetration rate of new players entering the market is set to provide a better opportunity to boost the eye cream market in the future.

The global eye cream market has been bifurcated by product type, application, ingredient, age group, distribution channel, and region. Based on product type, the eye cream market is divided into medicated and cosmetic product type. By application, the market has been split into sun protection, dark circles, wrinkles & anti-aging, hydrating, puffiness, cleansers, and others (infections etc.). Based on ingredient, the eye cream market can be segmented into organic ingredient and synthetic ingredient. According to age group segment, the market is separated by age<20, age 20-35, and age 35-50. On the basis of distribution channel, the market is divided into online and offline. Offline can be further bifurcated into hypermarkets and supermarkets, independent retailers, pharmacies and drugstores, convenience stores, cash and carry stores, and department stores. Offline channel holds the highest market share in terms of revenue in the eye cream market.

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In terms of region, the global eye cream market is categorized across North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA). North America country-level analysis features the U.S., Canada, and rest of North America. Europe’s eye cream market analysis and forecast includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa segment depicts the eye cream market analysis and forecast across GCC countries, South Africa, and Rest of Middle East & Africa. The South America eye cream market is segmented among Brazil, Mexico, and Rest of South America. Asia Pacific is the dominating market for eye cream products owing to high skin care awareness and increasing disposable income of the population. Amongst Asian countries, China and India have significant potential due to huge population growth and rising number of local brands.

Key players serving in the global eye cream market includes Sephora, Akorn Consumer Health (Thera Tears), Bausch & Lomb Incorporated, Colorbar Cosmetics Pvt Ltd., Estee lauder, Eye Care Cosmetics, Helena Rubinstein, iS CLINICAL, Jan Marini Skin Research, Inc., Johnson & Johnson Vision, La Roche-Posay, L’Oréal S.A., New Avon LLC, PCA Skin,Shiseido Co.,Ltd., and The Body Shop International Limited. Players in the eye cream market are estimated to take advantage of the rising demand for eye care treatment in the coming years, due to the growing consciousness of consumers about their appearance in public. The players are launching new products which include low-cost products to premium product brands. The market is projected to see an upsurge in the trend of rising sale owing to higher purchasing power of women. As a result, the overall eye cream market is estimated to surge.