Aerospace and Military Auxiliary Power Unit Market Benefits from Increase in Air Travel

​Transparency Market Research (TMR) releases a new publication, titled “Aerospace and Military Auxiliary Power Unit (APU) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.” The report analyzes demand drivers, growth trends, and technological advances that will impact the development of the aerospace and military auxiliary power unit (APU) market for the forecast period between 2016 and 2024. The impact of government policies coupled with social and economic factors have also been examined to present the analysis of the aerospace and military auxiliary power unit market.

The report provides a comprehensive assessment of the market throwing light on key growth prospects and growth trends. This is presented via in-depth qualitative and quantitative insights, past performance, and accurate market size projections. In addition, a detailed overview of key market segments and competitive landscape have been included that further adds to the report’s merit. The projections featured have been obtained using standard analytical tools and proven research methodologies.

The TMR report envisions the global market for aerospace and military auxiliary power unit to expand at a healthy rate in the upcoming years. Firstly, the development of fuel cell, gas turbine, and E-APU are anticipated to positively influence the market’s growth. Additionally, the growing demand for aerospace and military APU for the manufacture of advanced fuel cells is estimated to substantially aid this market’s growth.

Over the past decade, mounting volume of air traffic and technological advances in the aviation sector have also been key factors serving to boost the growth of this market. The demand for APU from commercial aviation segment surpasses that from the military segment. Furthermore, rising fuel economy and surging demand for electric aircrafts are anticipated to bode well for the growth aerospace and military auxiliary power unit market. Lastly, rising popularity of green environment and the development of quieter auxiliary power units are anticipated to present lucrative opportunities for vendors in the aerospace and military auxiliary power unit market.

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On the other hand, factors such as lack of effective and advanced battery technologies and defense budget cuts are holding back the growth of aerospace and military auxiliary power unit market. High voltage drops due to the high frequency and high price factor of these units are anticipated to further challenge the market’s growth.

Among the key regional markets, North America and Europe are likely to hold dominance in the global aerospace and military auxiliary power unit market over the report’s forecast period. These regions are anticipated to hold a massive share in the overall market mainly because of their high defense budgets. The regional markets of Latin America, Asia Pacific, and the Middle East and Africa are currently at a nascent stage; however, these regions are likely to account for substantial share in the overall market as governments in these regions are planning to up defense and warfare capabilities.

Cross-border insurgency and terrorist activities have also necessitated military and defense capabilities to be heightened to face adverse situations. Developed countries such as the U.S., China, Germany, Japan and France that are involved in research and development for technological advances and to launch state-of-the-art APU systems are likely to provide stupendous opportunities to companies in this market.

Leading players in the global aerospace and military auxiliary power unit market include Falck Schmidt, United Technologies Corporation, Honeywell International Inc., The Marvin Group, Hamilton Sundstrand, Jenoptik AG, Kinetics Ltd., Microturbo, and Dewey Electronics Corporation.

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Aerospace 3D Printing Market: Growth in Aerospace and Defense Industry to Spur Market Growth

​Aerospace 3D printing Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” is the latest market research study that has been added by Transparency Market Research. The study talks in detail about the global landscape of the market for aerospace 3D printing. The report offers a thorough assessment of the world market for aerospace 3D printing with an assistance of detailed and deep insights of the market. The research report comprehends the evolution of the said market by keeping a tab on the past developments and gauging the present scenario of the market. On the basis of optimistic and likely situations, it also presents a detailed prospect of growth that could rise in the years to come. The study report also provides the market trends that are currently prevailing in the world market for aerospace 3D printing together with its micro as well as macro-economic directives. Moreover, the research report offers the mandates, norms, and regulations that govern the global market and tries to assess it, based on the quantitative as well qualitative parameters. The information provided by the research report is the result of vital data collected from key market players and industry experts.

3D printing of various parts is an emerging technology that has been brought forth with an ability to change the manner in which organizations manufacture new products. It includes aerospace and defense parts as well. This new process of manufacturing is called additive manufacturing or 3D printing. The said technology engages making of physical objects by making a print of one layer at one time, making use of digital gadgets and deposition devices of special material. The current equipment of 3D printing has been evolved and developed in a very short period of time. It is also capable of making complex components with many different kinds of materials that include aluminum, steel, titanium, and various types of plastics. 3D printing is, as such, gaining popularity with many of the end-use sectors worldwide especially fabricating and manufacturing.

The segment of aerospace makes a recognition of the unique quality of 3D printing and the same industry is exploring many ways through which it can find avenues to make use of these competences. For instance, Boeing is utilizing 3D printing to make plastic made interior parts out of polyetherimide and nylon for the purpose of prototype units and their test evaluation. The company is making use of the technology of 3D printing so as to rapidly make tools for the manufacture of composite parts. Furthermore, Pratt & Whitney aerospace company is making vast investments in an advanced 3D manufacturing center in partnership with Connecticut University. This technology of 3D printing in the segment of aerospace, mostly in plastic, has evolved into a practice of mainstream prototype fabrication for the parts of aerospace. This technology enables design engineers to go straight to the finished parts thereby escaping fabrication of tools.

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Many different factors such as effective and optimum utilization of raw materials, tailor-made product creation, diminished number of errors, and accuracy at the time of manufacturing parts all collectively fuel the market growth for aerospace 3D printing over the timeframe of forecast that extends from 2016 to 2024.

The world aerospace 3D printing market can be geographically divided into the main regions of North America, Europe, Latin America, Middle East and Africa, and Asia Pacific.

Some of the prominent players pertaining to the market for D printing include names such as 3D Systems Corporation, EOS GmbH, Höganäs AB, Stratasys Ltd., Solvay S.A., Sandvik, and Organovo Holdings Inc. amongst many others.

Demand for Insight on Consumer Behavior to Propel Text Analytics Market

​The global text market analytics is expected to demonstrate a sharp growth in the coming years, as reported by Transparency Market Research. According to a recent study published by the market research company, the worldwide text analytics market is dominated by a number of data and technology giants such as Google, Apple, IBM and Microsoft. These leading names in the industry are heavily investing toward research and development in the arena of text analytics for the past couple of years, and bringing about innovative products at a swift rate. The market is also being catered to some other players such as SAP SE, Attensity Group Inc., Angoss Software Corporation and RapidMiner Inc.

According to the report, the global market for text analytics is expected to exhibit a vigorous 17.6% CAGR over the forecast duration between 2015 and 2024. The market was valued at US$2.82 bn in the year 2015, and is anticipated to reach US$12.16 bn by the end of 2024.

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Due to its Flexibility, Cloud Based Solutions Segment to get a Boost

Predominantly, enterprises prefer use of on-premise solutions on account of the safety and added security that this segment offers. Keeping business critical data secured is important for most IT and related companies. Hence cloud solutions being cost effective and flexible are gaining traction in the industry. There is a huge number of enterprises that want to shift toward use of cloud based solution for their data, and the market participants can turn this demand into fruitful opportunity.

In 2015, almost 84% of the consumers of text analytics solutions opted for on-premise deployment, and the dominance of the segment is expected to carry on over the period of forecast. Meanwhile, a large number of are predicted to show interest in cloud based solutions, which will drive the popularity of the cloud-based deployment market segment.

Popularity of Social Media to Offer Rich Market Opportunity

Web-based social networking has caught the consideration of purchasers, attributable to the benefits of social media, online shopping and communication. These components empowered organizations to embrace text analytics and comprehend consumer conduct designs for various products. Further, text analytics likewise empowers organizations to assemble and translate information from online networking for arranging effective advertising efforts.

This technology is still in its incipient stage, and creating compelling information, its collection and metadata service approaches may help enhance the innovation adequacy, and propel the text analytics showcase development over the coming years. Furthermore, growing demand of text analytics instruments into analytics programming devices to enable enterprises to break down information is likewise anticipated to fuel the rise of the overall market. However, exorbitant spending on investigative programming and absence of awareness among people may represent a test to the text analytics market growth.

The data and information presented in this review are based on a TMR report titled as “Polyacrylamides Market (Type – Anionic, Cationic, and Non-ionic; Form – Powder, Emulsion, and Gel; Application – Waste Water Treatment, Oil & Gas Extraction, Mining, Agriculture, Paper & Pulp, Paints & Coatings, Textiles, and Food) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”

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PoE Injector Market: Competition to Heat up Due to Foray of Local and Global Players

​Lured by healthy growth prospects, many aspiring players – both at the regional and international level – are trying to gain a foothold in the global PoE injector market. This has led to a proliferation of products with different features and functionalities, which in turn, is proving beneficial for the market. This is also expected to intensify the competition in the PoJ injector market in the short run.

In order to grow in such a competitive PoE injector market, companies are expected to forge partnerships or take the mergers and acquisitions route. Bigger players would likely gobble up their smaller counterparts while others may fall by the wayside unable to compete on the basis of reliability, innovation, and quality, predicts a research study by Transparency Market Research (TMR). Prominent participants in the global market for PoE injector market are L-Com, Inc., Microsemi Corp., ICP DAS Co., Ltd., Sixnet Holding LLC, and N-TORN Corp.

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The TMR report on PoE injector projects it to attain a value of US$762.2 mn by 2022 from US$423.4 mn in 2017 by registering a solid CAGR of 12.5% from 2017 to 2022.

The two main types of PoE injectors available in the market are single-port midspan and multi-port midspan. Between the two, the multi-port midspan is predicted to contribute significantly to the market. By expanding at a healthy clip, the multi-port midspan PoE injector is expected to pull in revenue to the tune of US$513.8 mn by the end of 2022.

Regionally, the market for PoE injector has been segmented into Latin America, North America, Europe, Asia Pacific excluding Japan (APEJ), Japan, and the Middle East and Africa. Among them, Japan is the most lucrative market for PoE injector, which will likely surpass all other regions vis-à-vis growth rate to clock a CAGR of 12.8% over the course of the forecast period.

Time and Cost Savings Accorded by PoE Drive their Uptake

Power over Ethernet (PoE) is a technology that allows network cables to conduct electrical power. A number of unique perceived benefits of PoE injector is pushing up their demand in the market. At the forefront is the time and cost savings they bring about by doing away with the need of installing electrical power cables. “Network cables do not require a qualified electrician to install them, and can be located anywhere,” explains the lead analyst of the report.

Flexibility of PoE Injectors Lead to Their Uptake

PoE injectors accord flexibility too since they can be placed in any location. They can be used in outdoor environments and industrial-grade powered devices can be used for industrial environments. Another major benefit of PoE is the safety it provides since it is designed to protect network equipment from underpowering, overload, or incorrect installation. It is reliable too since the power comes from a central and universally compatible source, instead of a clutch of distributed wall adapters.

Because of the aforementioned advantages, PoE injectors are finding application in VoIP phones, IP cameras, and Wifi and Bluetooth access points, RFID readers, and IP sensors.

Potential application areas of PoE injectors are PoE lighting, IP intercoms, ATM machines, security card readers, vending machines, IP clocks, etc.

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Artificial Intelligence Market: Headways in Automotive Industry to Offer Rich Opportunity to AI

​The global artificial intelligence market is anticipated to demonstrate a positive trajectory of growth in the forthcoming years, according to a recent study by Transparency Market Research (TMR). Currently, the worldwide artificial intelligence market is steered by industry giants such as Microsoft Corporation, Next IT Corporation, IBM, Google Inc., QlikTech International AB and Nuance Communications. These enterprises are investing in developing business strategies along with mergers and acquisition pursuits with other established market vendors.

According to TMR, the global artificial intelligence market, with a high CAGR of 36.1%, is expected to reach a valuation of US$3,061.35 bn from US$126.24 bn in 2015 over the forecast duration, i.e. between 2016 and 2024. The deep learning segment is expected to be a leading segment, holding over 21.6% of the total market share.

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North America Emerges Leading Market due to Presence of Global Players

The report classifies the report based on type such as embedded systems, expert systems, automated robotic systems, artificial neural networks, and digital assistance systems. Among these, the segment for expert systems is anticipated to emerge for as the dominant one over the forecast duration due to the surge in implementation of AI in various applications such as process control, its monitoring, design, diagnosis and management.

Geographically, North America is expected to be a significant market revenue holder, while currently responsible for 38.0% of the aggregate share. This is due to the vicinity of leading players being concentrated in the region, along with support from governments in the form of funding and acceptance of AI. The technology is being implemented in a number of applications such as consumer electronics, BFSI, advertising and media and retail, further contributing to the growth of this region.

Demand from Automotive Sector to Offer Lucrative Market Opportunity

Artificial Intelligence is gaining popularity because of its perplexing, information driven applications, for instance, voice and picture acknowledgment. Artificial intelligence offers advantages of high information volumes, high figuring force, and change in information storage. Increasing self-driving vehicle market and developing venture into inquire about and improvement will bring about solid demand for artificial intelligence in the automotive industry. Swift growth in information storage capacity, parallelization high computing powers of the PCs have contributed to the fast track of artificial intelligence along with the technology of robotics in end-use industries like healthcare and automotive. Further, the need for understanding and analyzing visual contents, for gaining meaningful insights, is expected to provide traction to the industry over the coming years.

Surge in interest for driverless cars, unmanned aerial vehicles, common avionics for vehicle tracking and auto control are anticipated to fuel development in artificial intelligence market over the globe. Many organizations, for instance, Tesla Motors, Google, Apple etc., are predicted to dispatch their driverless autos by 2018. Besides, AI is evaluated to strongly affect human services progressions and prompt more precise medicines and counteractive action of therapeutic conditions.

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Smart Electric Meter Lighting Market Infrastructural Developments Across The Globe

​A smart electric meter is an electronic device that records consumption of electric energy in intervals of an hour or less and conveys that information at least daily back to the utility. It is a new kind of electricity meter that can digitally send meter readings to the energy supplier. Smart electric meters use a secure national communication network called as DCC to automatically and wirelessly send actual energy usage to the supplier. This means end users will no longer rely on estimated energy bills or have to provide their own regular readings. Smart meters will also come with an in-home display. This display gives real-time usage information to each household, including kWh use and related cost. Some of the advantages of using smart electric meter instead of other are more accurate bills, better understanding of own usage and innovative energy tariffs.

There are various factors which driving the growth of smart electric meter in lighting market. Some of the key factors are increasing investments in renewable power projects, growth in transmission & distribution expenditure and rise in smart grid infrastructural developments across the globe. One of the crucial factor which is driving the smart electric meter market for lighting is increase in the energy prices and growing instances of electricity theft which will further boost product demand of Smart electric meter Other factors accelerating the growth of the smart electric meter market for lighting are changing technology, growing demand, and changes in consumer preferences towards r the meters with high efficiency. . This growing demand for electric meter has ensured that all the major key players have updated with the trends of the market and innovate accordingly. Also rising patent filings as one of the trends behind the growth of smart electric meter in lighting market. Vendors are making huge investments in their R&D activities leading to product innovation and safety and attempting to make the upgrades and maintenance cost effective. However the resistance of end-users toward the installation of new technologies is a major concern for smart electric meter in lighting market also gaining customer’s confidence is a major challenge. The key reason behind such reluctance is lack of awareness about the importance of the smart electric equipment among consumers, which is the biggest barrier hindering the growth of the smart electric meter market.

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The smart electric meter in lighting market is segmented on the basis of application, technology, phases and geographical region. On the basis of application in lighting, smart electric meter is segregated into residential, commercial and industrial. Furthermore, the market is divided based on technology into advent of automatic meter reading (AMR) and advanced metering infrastructure (AMI). On the basis of phase the market of smart electric meter is further bifurcated into single phase meter and three phase meter. Geographically smart electric meter in lighting market is distributed over North America, Europe, South America, Asia Pacific, and Middle East & Africa. Europe is expected to dominate the smart electric meter market, owing to the increased installations of the smart electric meters which is in lines with its proposed 20:20:20 plan’s targets. European policy makers introduced goals for the year 2020. In the energy sector the 2020 goals were based on the three pillars leading European energy policy: Security of supply, competitive markets and sustainability. The 2020 energy goals are to have a 20% (or even 30%) reduction in CO2 emissions compared to 1990 levels, 20% of the energy, on the basis of consumption, coming from renewables and a 20% increase in energy efficiency.

Key players in the lighting market for smart electric meter are Schneider Electric, Iskraemeco, EKM Metering, Advanced Electronics Company, Holley Metering, Jiaxing Eastron Electronic Instruments, Elster Group (owned by Honeywell), Kamstrup, LINYANG Energy, Simpson Electric, Murata Power Solutions, Landis Gyr and so on.

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. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Laser Technology Market Increasing Demand From The Healthcare Sector

​Laser is an abbreviation for light amplification by stimulated emission of radiation. A laser is a device that releases a beam of coherent light through an optical amplification process. There are many types of lasers including solid state lasers, gas lasers, fiber lasers, dye lasers and diode lasers. A laser beam is created when the electrons in atoms in special crystals, glasses or gases absorb energy from an electrical current and become active. Laser light is different from normal light as laser light contains only one specific color. The particular color or wavelength of light is determined by the amount of energy released when the stimulated electron drops to a lower orbit. Laser light is directional and it generates a very tight beam. Gradually laser technology gained wider possibilities of being utilized in almost all areas of industrial production. Using the unique assets of laser radiation can further streamline a number of applications to achieve top quality and reduce production costs.

The main factors contributing to the growth of laser technology market are, production of small or micro devices, stability of laser prices and increasing demand from the healthcare sector. Improved performance of laser over the traditional material processing techniques is also factor driving the growth of laser technology market. High accuracy along with greater productivity and minimal environmental effects are some of the key advantages of laser solutions. Laser technology is suitable for the optical communication, since it uses high-speed transmission of data in digital and analog fiber optic networks as this works in favor of laser technology market. Growth in laser technology can also be attributed to fast processing laser machine tools from various verticals and the increasing demand for cost-effective, also new and different markets in laser technology. Whereas the key issue for the growth of laser technology market could be higher power consumption, burning and difficulty in cutting certain materials in the material processing market can prove to be detrimental.

The laser technology market is segmented by type, application, vertical and geography. On the basis of type, laser technology market is segregated into solid, liquid and gas. Solid-state lasers are lasers based on solid-state gain media such as glasses or crystals. A liquid laser uses the liquid as a medium for laser. In liquid lasers, energy to the laser medium is supplied by light and in gas laser electric current is discharged through a gas inside the laser medium to produce laser light.

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Furthermore, the laser technology market is divided based on application into optical communication and laser processing. Optical communication is a technique of transmitting information from a place to another by sending pulses of light through an optical fiber, whereas laser processing involves marking, cutting, welding, drilling, ablation and cleaning. By verticals the laser technology market is again subdivided into research, military & defense, telecom & IT, healthcare, electronics and automotive segment. Geographically, laser technology market is distributed over North America, Europe, South America, Asia Pacific and Middle East & Africa. Asia Pacific is expected to dominate the laser technology market due to the increasing demand for cost-effective and fast processing laser machine tools from the semiconductor, industrial, telecommunication, and automotive vertical.

Major players in the laser technology market are IPG Photonics Corp. (US), Coherent, Inc. (US) Trumpf Group (Germany), Jeanoptik AG (Germany), Quantel Group (UK), LasaerStar Technologies Corp. (US), Novanta Inc (US), Lumentum Holdings Inc. (US), Epilog Laser (US), Han’s Laser Technology Industry Group,MKS Instruments (US) and GSI Group Inc and so on. Further, to gain a competitive advantage, these players are actively involved in organic and inorganic growth strategies. Collaborations, partnerships, agreements, and new product launches are some of the important strategies followed by them.

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. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.