Monday, 17 February 2020

Global Biometric System Market – Analysis and Forecast To 2024 | Precise Biometrics AB, NEC Corporation.

Biometric System Market Highlights
Biometric system is a technological system which requires biological data such as an individual’s face, fingerprints, iris, DNA, and typing rhythms for the identification of a person. It is used in various industries such as banking, consumer electronics, defense, government, healthcare, transport, and commercial safety and security.

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On the basis of application, the biometric system market is subdivided into government, healthcare, automotive, banking & finance, travel & immigration, military & defense, consumer electronics, security, and others. Among all applications, the travel & immigration accounted the largest share in the biometric system market due to the mounting necessity for security across border-crossing points.

In addition, technological upgrades and advancements, and exclusive and easy features of biometrics system are the major factors driving the growth of biometric system market.

The threat of confidentiality and data breach, and high deployment price are the major challenges for the growth of biometric system market.

Globally industry players are leveraging market growth through launching new products. The high level of capital requirement also poses a major barrier to the entry of new players. This offers an edge to the established players in the industry competition.

Asia-Pacific is observed to witness the fastest growth in the market due to increased travel and tourism activity. In addition, mounting concerns of safety and security and escalating government projects are also up surging growth of the Asia-Pacific biometric system market.

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In addition, in September 2018 Fujitsu Limited and Fujitsu Frontech Limited mutually developed biometric-enabled cashless gambling machines for the Japan Racing Association (JRA). Thales, Fujitsu Ltd., Safran, Secunet Security Networks AG, Precise Biometrics AB, NEC Corporation, Stanley Black & Decker, and Assa Abloy are the key players offering biometric system.

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Mobile Artificial Intelligence Market – Analysis and Forecast To 2024 | Samsung, Intel, Apple, Alphabet, Microsoft Corporation.

Image result for mobile artificial intelligence
Mobile artificial intelligence has formed an enormous influence on human interaction with machines and devices, in various industries such as travel, telecom, utility, advertisement, and machinery industry. It has the ability to execute and end monotonous jobs which are excessively exhausting for people. It is also used to discover areas extremely with ease by using augmented reality and is required in fields which require a high level of exactness and accuracy.

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On the basis of the technology node, the mobile artificial intelligence market is subdivided into 20–28nm, 10nm, and 7nm and others. Among all technology node 20–28nm segment is expected to grow at the fastest rate in the mobile artificial intelligence market. The processors constructed upon 20-28nm technology nodes are used in a collection of applications, such as drones, security cameras, ADAS, AR/VR headsets, and robotics.

The high pricing of AI processors and an inadequate number of AI experts and unpredictability of AI algorithms in mobile apps are the major challenges for the growth of mobile artificial intelligence market.

Globally industry players are leveraging market growth through launching new products. The high level of capital requirement is the major barrier to the entry of new players. This offers advantage to the established players in the industry competition and to retain market share.

Asia-Pacific is observed to witness the fastest growth in the market due to mounting government spending. In addition, developing number of AI applications, and the upsurge of cognitive computing are also supporting the growth of the Asia-Pacific mobile artificial intelligence market.

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NVIDIA, International Business Machines Corporation (IBM), Samsung, Intel, Apple, Alphabet, Inc. (Google), Microsoft Corporation, MediaTek, Qualcomm Incorporated, and Huawei (Hisilicon) are the key players offering mobile artificial intelligence solutions.

About VynZ Research
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

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Structural Health Monitoring Market – Analysis and Forecast To 2024 | Campbell Scientific, Acellent Technologies Inc., Geokon.

Structural health monitoring is the usage of non-destructive sensing and investigation of structural features, to identify a damage that has occurred at a specific location and evaluate its severity and consequences. The global structural health monitoring market is growing at significant rate, due to disastrous breakdown of the infrastructure outcomes in loss of lives and strict government regulations. Different technologies contributed to the structural health monitoring market size. The market has witnessed high demand for wireless structural health monitoring in the coming years due to reduced cost of structural health monitoring and mounting demand of wireless technology.

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On the basis of offering the structural health monitoring market is subdivided into hardware and software & services. Among all offerings, the hardware segment accounted the largest share is in the market, as the hardware is the integral element, which measure physical properties of any construction under surveillance.

High installation price, lack of skilled labors for installation, need for huge quantities of data processing and management, difficulty in installation and technical challenges are the major challenges for the growth of structural health monitoring market.

Globally industry players are leveraging market growth through launching new products. the manufacturing companies trying to enter the dental surgery instruments market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier for the entry of new players. This offers an edge to the established players in the industry competition.

 Asia-Pacific is witnessed to observe highest growth in the market due to speedy infrastructural development. In addition, implementing stringent laws and regulations for construction and maintenance of structures, and huge number of infrastructure construction projects are some of the factors facilitating the growth of the Asia-Pacific structural health monitoring market.

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Key players in the structural health monitoring market are catering the demand by collaborating, and acquiring with small players and investing on technologically advanced products across the globe. In June 2017, Acellent Technologies Inc collaborated with TESTIA GmbH for marketing commercialization and installation of Acellent’s structural health monitoring products. Sixense, Campbell Scientific, Acellent Technologies Inc., Geokon Incorporated, Cowi, Geocomp, and Structural Monitoring Systems plc are the key players offering structural health monitoring.

About VynZ Research
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

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Lithium Ion Battery Market – Analysis and Forecast To 2024 | GS Yuasa Corporation, LG Chem, Hitachi Ltd.

Lithium ion battery is a rechargeable battery with longer lifecycle. It is used in applications which require high energy density solutions. It is used in notebook computers, hybrid automobiles and cellular phones. The global lithium ion battery market is growing at a significant rate, due to mounting requirement for electric vehicle, and mounting need for smart devices and other consumer electronic products.

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On the basis of vertical the lithium ion battery market is subdivided into consumer electronics, automotive, industrial, power, medical, aerospace and defense, and marine. Among the all vertical, the consumer electronics accounted the largest share in the lithium ion battery market, as lithium ion batteries are the preferred for consumer electronics, due to mounting need for smartphones and laptops, decreasing prices of smart devices, mounting disposable income, budding acceptance of IoTs, less recharge time and high energy density

Mounting acceptance of novel technologies in lithium ion batteries, stringent government regulations for the disposable of lead, mounting disposable income, and decreasing prices precedents to implementation of lithium ion batteries in novel application areas are also facilitating the growth for the lithium ion battery market.

Safety concerns due to high temperature of lithium ion batteries and insufficient charging infrastructure are the major challenges for the growth of lithium ion battery market. In addition, advance of lithium-air, sodium-ion, and lithium–sulfur batteries to act as substitutes for lithium ion batteries are also hindering the growth of the lithium ion battery market.

Geographically, Asia-Pacific accounted the major share and is observed to witness highest growth in the lithium ion battery market due to mounting funding from the government. In addition, mounting disposable income, continuous development in automotive and consumer goods sector, mounting demand of electric vehicles, mounting consumer alertness to adopt environment friendly technologies and mounting adoption of smart devices are also facilitating the growth of the Asia-Pacific lithium ion battery market.

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In addition, in March 2018, Lithium Werks acquired the A123 Systems manufacturing plants located in China, to improve its position in market. BAK Group, Panasonic Corporation, Saft Groupe SA, BYD Company Ltd., Johnson Controls Inc., GS Yuasa Corporation, LG Chem, Ltd., Samsung SDI Co., Ltd., Lithium Werks, Hitachi Ltd., Toshiba Corporation and Valence Technology, Inc. are the key players offering lithium ion battery.

About VynZ Research
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

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Thursday, 13 February 2020

Global Artificial Intelligence (AI) Market for Automotive and Transportation Industry – Analysis and Forecast To 2024 | AI Motive, Argo AI, CarVi.


Image result for Artificial Intelligence (AI) Market for Automotive and Transportation Industry
The global artificial intelligence (AI) market for automotive and transportation industry is expected to reach USD 45.1 billion by 2024, growing at a CAGR of 17.7% during the forecast period. The global artificial intelligence (AI) market for automotive and transportation industry is growing at exponential rate with growing adoption of ADAS (Advanced Driver-Assistance Systems), rising investment in vehicle performance improvement, and implementation of government regulations for vehicle safety and security. Among the AI technologies, deep learning captures largest market share in terms of revenue and is the fastest growing technology as well.

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Growing demand for improved driving experience with enhanced safety and comfort features will act as a major driver for the artificial intelligence market for automotive and transportation industry. Along with that, ADAS and inclination towards safety and security will act as an addition factor driving the market. All these factors will impact the artificial intelligence market for automotive and transportation industry progression in the market in years to come.

Geographically, North America, specifically US is the largest artificial intelligence market for automotive and transportation industry with technically advance region and early adopter of AI in numerous sectors. Besides, implementation of some of the government regulations such as Hours of Service Solution (HOS) revisions Compliance, Safety, and Accountability (CSA) and are expected to drive the artificial intelligence market for automotive and transportation industry in the region.

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Key players in the artificial intelligence market for automotive and transportation industry consist of both Tier 1 automotive OEMs and leading AI software companies. The automotive OEMs are making huge investments in AI technology integration in high end and other autonomous vehicles. Partnership and collaboration is one of the key strategies adopted by these market stakeholders currently and expected to drive the market in near future.
Some of the key players operating in the artificial intelligence market for automotive and transportation industry are Continental AG, Denso Corporation, Nvidia Corporation, Intel Corporation, Harman International, AI Motive, Argo AI, CarVi, Harman International, Valeo, Orbcomm Inc., and Affectiva.

About VynZ Research
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that includes comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across wide range of industries. The reports also provide insights on emerging disruptive technologies. VynZ Research team is fully committed to provide the highest level of market intelligence reports in gaining competitive advantage and deriving requisite strategic insights. We provide syndicated research reports or custom research requirements based on rigorous market studies and consulting services to our esteemed clients across the globe.

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Global Compressor Market – Analysis and Forecast To 2024 | Sulzer, Hitachi, Kaeser Kompressoren SE, Toyota Industries Corporation, Danfoss

The global compressor market is expected to reach USD 47.9 billion by 2024, growing at a CAGR of 3.6% during the forecast period. The market is growing due to growing automotive industries in developing countries such as India and China, and rapid industrialization. Different compressor types such as positive displacement and dynamic compressors contributed to the compressor market size. The market has witnessed a high demand for positive displacement in the coming years due to extensive acceptance throughout small and medium scale industries.

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The escalating motor vehicle requirement, escalating need for energy resourceful systems, increasing gas pipeline network, and increasing alternative of piston compressors with screw compressors are the primary growth drivers for the compressor market.
The uncertainty in the crude oil prices and a mounting need for the HVAC equipment are also facilitating the growth of the compressor market.

Geographically, Asia-Pacific is observed to witness the fastest growth in the market, due to the mounting government support, and escalating growth of infrastructure development and rapid industrial development in countries such as India and China. In addition, government initiatives such as Made in India and Made in China 2025 are also creating a positive impact on the compressor market growth in the region.

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Key players in the compressor market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In April 2017, Hitachi agreed to acquire Sullair Air Compressors from its parent company Accudyne Industries to access Sullair’s global sales network.

Atlas Copco AB, Gardner Denver Holdings Inc., Mitsubishi Heavy Industries Ltd., Sulzer, Hitachi, Kaeser Kompressoren SE, Toyota Industries Corporation, Danfoss, and Ingersoll-Rand plc are the key players offering compressor.

About VynZ Research
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that includes comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across wide range of industries. The reports also provide insights on emerging disruptive technologies. VynZ Research team is fully committed to provide the highest level of market intelligence reports in gaining competitive advantage and deriving requisite strategic insights. We provide syndicated research reports or custom research requirements based on rigorous market studies and consulting services to our esteemed clients across the globe.

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Automotive Sensor Market – Analysis and Forecast To 2024 | Continental AG, Delphi Technologies, Denso Corporation, Robert Bosch GmbH.


Image result for Automotive Sensor
The global automotive sensor market is expected to reach USD 42.0 billion by 2024, growing at a CAGR of 7.0% during the forecast period. The market is growing at a remarkable rate with rise in vehicle production, growing inclination towards automated vehicle, and several government initiatives towards safety and security vehicle. Further, there is increase in number of sensors deployment in vehicle with the concern towards safety and comfort. Among the vehicle type segment, passenger cars being the largest in terms of volume contribute major share to the market. This as a result will boost the demand for automotive sensor in the vehicle sector.

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Growing demand of electric cars will increase the sensor integration in vehicle. Along with that, ADAS (Automated Driver Assistant System) and inclination towards safety and security will act as an addition factor driving the market. All these factors will impact the automotive sensor progression in the market in near future.

Geographically, APAC, mainly China is the largest automotive sensor market with largest number of electric vehicle production. Besides, the country is home for some of the major automotive manufacturers, this will further up surge the growth of the China automotive sensor market in years to come.

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Key players in the in the automotive sensor market includes automotive OEMs who are making huge investments in development of new sensor technologies. Further, partnership and collaboration are other key strategies adopted by the vehicle OEMs. For instance, Delphi has collaborated with TomTom and Audi has Partnered with ON Semiconductor to grow their technical expertise.

Some of the key players operating in the market automotive sensor market are Analog Devices, Inc., Continental AG, Delphi Technologies, Denso Corporation, Robert Bosch GmbH, Infineon Technologies AG, APTIV, Melexis, Sensata PLC, and CTS Corporation.

About VynZ Research
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that includes comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across wide range of industries. The reports also provide insights on emerging disruptive technologies. VynZ Research team is fully committed to provide the highest level of market intelligence reports in gaining competitive advantage and deriving requisite strategic insights. We provide syndicated research reports or custom research requirements based on rigorous market studies and consulting services to our esteemed clients across the globe.

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