Software Defined Storage Market Analysis, Revenue Growth Predicted by 2022-2027 | Impact of COVID-19

Market Synopsis 

The global Software-Defined Storage market is estimated to grow from USD 4.72 Billion in 2016 to USD 18.5 Billion by 2022, with a CAGR of 27% by the end of the forecast period. 

In this fiercely competitive environment, organizations have started paying concentrating on modern technology to have a cutthroat edge over their opponents. By the utilization of SDS, this assists in reducing the cost by automating process controls and by replacing the traditional hardware by software. 

Key Players 

The distinguished players in the market of software-defined storage market are SwiftStack(USA), EMC(UK), NetApp(US), IBM(US), Juniper Networks, Arista Networks(US), HP(US), Ericsson(Sweden), Big Switch Networks(USA), Brocade(US), NEC(US), VMware(US),  6Wind(France), Cisco(US), Avaya(California), and others. 

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Software-define storage is a central part of the software-defined data center and is an upcoming information technology (IT). It has been designed for enterprises to collect business data and implement the on-time delivery of IT services. The expansion of the Software-defined storage market is upsurge by the adequate and efficient management of unstructured data, whereas the assimilation of several analytics solutions with the Software-define storage solutions for big data management amends the price and assists to propel the business.

The market of Software Defined Storage Market Analysis appears to be fiercely cut-throat. To maintain and establish their market position and to drive the market expansion, several compelling and varied international enterprises, domestic organizations and as well as new entities create a competitive environment. Market leaders are innovating constantly and continuously achieving market growth through several strategic innovation and unique ideas, economic product portfolio, mergers and acquisitions, increased expense for research and development. Major competitors are spending immensely on acquiring other firms and internal research and development.

Software-Defined Storage Global Market Segmentation 

The Software-Defined Storage Market can be segmented into 6 important segments. The segmentation is on the basis of region, end-user, organization size, usage, software, and component. 

On the basis of region, the market can be classified into Europe, Asia Pacific, North America and the Rest of the World (RoW).

On the basis of end-user, the market can be classified into Banking, Financial Services, and Insurance (BFSI), Comprises Education, Media, and entertainment, Logistics, and warehouse, Comprises Education, and others. 

On the basis of organization size, the market can be classified into large enterprises and Small and Medium Businesses. 

On the basis of usage, the market can be classified into Storage provisioning and high availability, Comprises Surveillance, Data backup and disaster recovery, and others. 

On the basis of software, the market can be classified into data management and storage hypervisor, Comprises SDS server, SDS controller software, compliance software, data security, and others. 

On the basis of components, the market can be classified into Platforms/Solutions (Data Security & Compliance, Data Management, Software-Defined Server, Controller, and Hypervisor) and Services among others.

Regional Analysis

The Software-Defined Storage market can be classified into four regions which include Asia Pacific, North America, Europe, and the Middle East and Africa (MEA). 

North American market is appearing as the fastest expanding market and is estimated to be the largest market by the end of the review period owing to the rising demand of smart safety devices and also due to the major competitors in the North American region like Dell and NetApp. The North American market is followed by Europe and the Asia Pacific as the second largest and the third-largest market for Software-Defined Storage solutions. The increase in demand for intelligent safety devices can propel the expansion of the North American market. 

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Industrial Robots Market Competitive Scenarios, Business Opportunities, Development Status and Regional Forecast to 2027

The industrial robotics market is garnering substantial traction, mainly due to the rapid industrialization across the globe. Besides, the market growth mainly attributes to the rising demand for automated, programmable machines to reduce the tiring efforts of producing & manufacturing consumer goods. Moreover, rising uptake of articulated, SCARA, and Cartesian robots across the rapidly growing industries escalate market growth. According to Market Research Future (MRFR), the Industrial Robots Market valuation is projected to reach USD 81 BN by 2022, growing at approximately14% CAGR throughout the review period (2016 – 2022). The COVID 19 pandemic has accelerated the digital transformation, promoting social distancing. The epidemic has also fostered automation in distinct technology areas, increasing uses of technologies such as 5G, cloud/edge, and artificial intelligence. 

Additionally, the high demand for robotics, especially in manufacturing sectors, and growing investments in the automotive industry, boost the growth of the market. Also, growing technological advances and adoption of robotics in small & medium size organizations accelerate market growth. Furthermore, the advantages of articulated robots, such as the reduced overall production cost, substantiate the size of the market.  

Conversely, high initial costs and complexities involved in the development and installation of industrial robots are major factors anticipated to impede market growth. Nevertheless, the industrial revolution 4.0 would support market growth throughout the review period, creating a substantial demand for automation across industries such as automotive, aerospace, pharmaceuticals, and electronics.

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Industrial Robotics Market   - Competitive Landscape

Highly competitive, the industrial robotics market appears fragmented due to the presence of several well-established players. To gain a larger competitive share, players incorporate strategic initiatives such as collaborations, mergers & acquisitions, expansion, and product/ technology launch. They make substantial investments in new product developments and geographical expansion. Industrial robotics market trends include relentless innovations and new products, resulting in intense competition among manufacturers.

Major Players: 

Players leading the global industrial robotics market are Denso Corporation (Japan), ABB Ltd. (Switzerland), Kuka AG (Germany), Bosch GmbH (Germany), Kawasaki Heavy Industries Ltd. (Japan), Yaskawa Electric Corporation (Japan), Mitsubishi Electric Corporation (Japan), Fanuc Corporation (Japan), Toshiba Corporation (Japan), and Rockwell Automation, Inc. (US), among others. 

Global Industrial Robotics Market   - Segments

The report is segmented into four dynamics; 

By Types: Cartesian, Articulated, SCARA, Delta, Redundant, 6-Axis Robots, Dual-Arm & Parallel Robotics, and others. 

By Application:  Welding, Material Handling, Assembling, Painting, Palletizing, and others.

By End-Users  :  Electronics, Automotive, Rubber & Plastic, Food & Beverage, Entertainment, Pharmaceuticals, and others.

By Regions:  Asia Pacific, Americas, Europe, and Rest-of-the-World.                

Global Industrial Robotics Market   - Regional Analysis

The Asia Pacific region dominates the global industrial robotics market.  The market growth attributes to the strong presence of several notable players and well-established development centers, allowing advances in robotics and the early uptake. Besides, the growing industrialization and production drive the growth of the market. Moreover, rapid economic growth and increased R&D activities increase the size of the market. 

Japan is the leading market of industrial robotics, followed by China and India, respectively. With its vast investments in the development of articulated robotics and the manufacturing processes, India demonstrates the maximum potential to grow during the assessment period. Furthermore, the rising demand for new autonomous technology from the burgeoning automotive and aircraft sectors fosters the growth of the regional market. 

Europe, with more than 50% of industries, stands second in the global industrial robotics market. Maximum industries in the region have implemented robotics technology to operate their activities. The market growth is driven by the strong presence of auto manufacturers and the need for automated vehicle manufacturing processes. Additionally, increasing R&D activities to develop robotics, act as major tailwinds for the market growth in the region. Germany, heading with both flourishing industries and the availability of futuristic technologies, lead the regional market. 

North America also shows substantial growth in the industrial robotics market. Factors such as the increasing development in automation and the high adoption of automation in production units substantiate market growth. Furthermore, the growing demand for industrial robotics from burgeoning industries in the region propels the growth of the market. Moreover, the increasing focus on enhancing communication capabilities, especially for the defense sector in the region, pushes the industrial robotics market size. 

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Industry/ Innovation/ Related News

October 02, 2020 ----- ABB (Switzerland), a multinational corporation automation company, announced the acquisition of Codian Robotics B.V. (Netherlands), a leading provider of delta robots, to enhance its portfolio of high-speed industrial robots. Codian Robotics offers delta robots primarily for high-precision pick and place applications, including a hygienic design line, ideal for hygiene-sensitive industries like food & beverage and pharmaceuticals.

With the transaction, ABB is accelerating its engagement in the growing field of delta robots. The acquisition signed and closed on October 1, 2020, underscores ABB’s focus on breakthrough technology, helping customers with automation and increases their flexibility in a rapidly changing business landscape. Codian’s Robotics and industry expertise are the perfect addition to ABB’s suite of F&B, pharmaceutical, service robotics, and logistics solutions, supporting its machine-centric robotics offering.

Robotic Vision Systems Market Leading Growth Drivers, Emerging Audience, Segments, Sales, Profits & Analysis | Impact of COVID-19

The global robotic vision market is proliferating, garnering increasing traction. Robotic vision technology finds applications in the development of both humanoid robots and industrial robots. Industrial automated machines equipped with robotic vision provide ideal solutions for customized production. The market growth attributes to the emergence of autonomous robots helping the image processing. Besides, significant investments in robotic vision escalate the growth of the market. 

According to Market Research Future (MRFR), the global Robotic Vision Systems Market is projected to garner substantial accruals by 2023, growing at an impressive CAGR during the forecast period (2018 – 2023).  The recent shift in focus towards the customized mass production positively impacts the market growth. Upgrades in machine learning and deep learning technologies for improved image processing are offering opportunities for the development of the market. 

Global Robotic Vision Market   - Competitive Analysis 

Highly competitive, the robotic vision market appears to be fragmented due to the presence of several well-established players. Incorporating strategic initiatives such as collaboration, acquisition, partnership, product/ technology launch, and expansion, these players try to maintain their market positions. 

These strategies help the market players to gain a larger competitive advantage in the market and to meet their expansion plans. They focus on new technology development initiatives and geographical expansion. The market would witness relentless innovations and developments, which, as a result, would intensify the competition among these players.

Major Players: 

Players leading the global robotic vision market include Yaskawa Electric Corporation (Japan), FANUC Corporation (Japan), OMRON Corporation (Japan), Cognex Corporation (U.S), KUKA AG (Germany), ABB Group (Switzerland), Keyence Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), SICK AG (Germany), and Basler AG (Germany), among others.

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Increasing demand for automated industrial processes from various sectors further drives the growth of the global robotic vision market. Increase in investments by production and manufacturing companies in research and development of robotic vision technologies scale up the development of the market. Additionally, the rise in demand for improved quality, safety, and efficiency of industrial automated process influence the global robotic vision market share. 

Moreover, increased flexibility and rapid deployment of robotic vision in industrial production lines are some other factors pushing the growth of the market. Furthermore, the increasing adoption of cognitive humanoid robots for various applications boosts the global robotic vision market. Conversely, compatibility issues, and low adoption of robotic vision in small-scale enterprises are the major factors expected to impede the market growth. 

Global Robotic Vision Market   - Segmentation

The report is segmented into five dynamics;

By Component: Hardware (cameras, optics, filters, lenses, sensors, others) and software (tracking, image processing, others).

By Technology: 2D and 3D.

By Application:        Material Handling, Welding, Load/Unload, Bin Picking, Assembly, Processing, Washing, Painting, Inspection & Testing, Assisted Living, and others.

By Vertical    : Automotive, Aerospace, EMS (electronic manufacturing services), Food & Beverages, Rubber& Plastics, Precision Engineering & Optics, Pharmaceuticals & Cosmetics, Consumer, Military, Healthcare, and others.

By Regions:  Europe, North America, Asia Pacific, and Rest-of-the-World.

Global Robotic Vision Market   - Regional Analysis

 The Asia Pacific region dominates the global robotic vision market. The leading market share attributes to the growing industrialization in countries like India and China. Besides, the rising adoption of automation in quality control and material handling applications drives the growth of the regional market. 

Moreover, significant advances in robotics, alongside the massive uptake of automation in the burgeoning automotive sector, foster the growth in the regional market. Also, increased R&D investments led by the rapid economic growth in the region, and advanced automotive robotic technology propel the regional market. The APAC robotic vision market is projected to retain its dominance throughout the forecast period. 

North America accounts for the second-largest share in the global robotic vision market. The region is a hub for and has state-of-the-art development centers, allowing the ease of designing, programming, and implementation of advanced robotics. Additionally, the market growth is driven by substantial investments by companies in the development of machine learning and deep learning technologies for image processing.

Furthermore, the rising adoption of automation in the food and beverage industry boosts the growth of the robotic vision market in the region. Moreover, the presence of a well-established automotive sector and a number of automakers who strive to improve automation in their manufacturing processes positively impact the growth of the regional market.   

The Europe robotic vision market has emerged as a promising market globally. Factors such as the strong presence of auto manufacturers and the need for automated vehicle manufacturing processes influence the regional market growth. Besides, increasing R&D activities to develop robotics are other factors acting as tailwinds for the growth of the regional market. Germany, heading with both a flourishing automotive sector and the availability of futuristic technologies, lead the regional market. 

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Industry/ Innovation/ Related News

October 08, 2020 ----- Omron Corporation (Japan), an electronics industrial automation company, launched the world’s first robotic integrated controller – NJ501-R. New fully automated production system offers real-time synchronization between all automation equipment, including robots, vision components, drives, and safety equipment. 

With the integrated controller, it would be possible to automate advanced and complex manual work, simulate the design & modification of production facilities in a virtual environment, and conduct maintenance remotely.

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Cell Phone Power Bank Market Share, Growth Factors, Comprehensive Research, Analysis by Leading Companies with Forecast till 2027

Asia Pacific to Dominate Global Mobile Power Bank Market

The global mobile power bank market is expected to exhibit a strong 24% CAGR over the forecast period from 2016 to 2022, according to the latest research report from Market Research Future (MRFR). The global mobile power bank market is expected to make steady progress over the forecast period due to the growing demand for mobile power banks from young consumers, who demand ceaseless operation of mobile phones, necessitating the use of power banks. The report presents a detailed, comprehensive overview of the global mobile power bank market’s movement over the forecast period. Historical statistics about the global Cell Phone Power Bank Market are used to make solid projections about the market’s movement over the forecast period. The leading factors and trends affecting the global mobile power bank market’s competitive landscape are also profiled in the report. Major players in the global mobile power bank market are also profiled in the report. The report also provides a concise analysis of the impact of the COVID-19 pandemic on the global mobile power bank market. 

Competitive Leaderboard:

Leading players in the global mobile power bank market include ADATA Technology Co. Ltd., OPPO Electronics Corp., The Targus Corporation, PNY Technologies Inc., Lenovo Group Ltd., Gold Peak Industries (Holdings) Ltd., Anker Technology Co. Ltd., Apacer Technology Inc., Xiaomi Inc., Panasonic Corporation, Microsoft Corp., Sony Corporation, and Samsung Electronics Co. Ltd. 

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Mobile power banks are rechargeable power banks that can be used to charge up rechargeable consumer electronics such as mobile phones. The growing consumption of mobile phones in recent years has been a major driver for the global mobile power bank market. Mobile phones are often used by businessmen who are often on the move for business purposes. This necessitates portable power banks that can recharge their mobile phones in places where conventional charging infrastructure may be absent. The high and continuous usage of mobile phones by businessmen is also a major driver for the global mobile power bank market. The growing number of urban businessmen is likely to be a major driver for the global mobile power bank market over the forecast period. 

The growing use of mobile phones for mobile gaming is also likely to be a major driver for the global mobile power bank market over the forecast period. Mobile gaming has emerged as a highly popular pastime among urban as well as rural middle class customers. The easy availability of low-end and mid-end smartphones has driven up the demand for mobile gaming in the last few years. However, mobile gaming is a highly power-intensive exercise and requires the use of efficient power banks to make up for the battery power lost in gaming. This is likely to remain a key driver for the global mobile power bank market over the forecast period. 

Segmentation:

The global mobile power bank market is segmented on the basis of capacity, battery type, power bank type, number of USB ports, and region. 

By capacity, the global mobile power bank market is segmented into 1000-2500 mAh, 2600-5000 mAh, 5100-10400 mAh, and more than 10400 mAh. The more than 10400 mAh segment is likely to hold an important share in the global mobile power bank market over the forecast period. 

By battery type, the global mobile power bank market is segmented into Li-ion and Li-polymer. 

By power bank type, the global mobile power bank market is segmented into portable, USB plugin, solar chargers, and others. 

By number of ports, the global mobile power bank market is segmented into single port and multiple port. 

Regional Analysis:

Asia Pacific holds the largest share in the global mobile power bank market and is likely to remain the leading revenue generator over the forecast period. The growing consumer electronics industry in Asia Pacific is a major driver for the mobile power bank market. Countries such as China and India are likely to remain major players in the global mobile power bank market over the forecast period. 

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Wireless Sensor Network Market Trends, Top Key Players, Profiles and Future Prospects | Impact of COVID-19

Market Overview

The worldwide Wireless Sensor Network Market is projected to grow the market value at a CAGR of 14% from 2020 to 2025. The WSN market has brought more scope for home mechanization, modern medical care, and others due to the sensors usages in different hardware gadgets and economic accessibility of sensors.

The global WSN market is thriving its growth because of the developing interest in robotized frameworks. Moreover, the computerized frameworks include a few advantages like better efficiency, less human mistake, and many others, which is propelling the growth of the WSN market. In addition, the presentation of advanced innovation like a web of things (IoT), artificial reasoning (A.I.), fifth-era remote innovation 5G, and others are also boosting up the Wireless Sensor Network Market Trends during the review period. Further, the WSN market will be supported in the upcoming years because of the expanding autonomous vehicles, self-driving vehicles, and electric vehicles that utilize remote sensor networks.

However, the expansion of information interruptions can hinder market growth. Additionally, the worldwide market might experience challenges due to the less ability of the sensor to work and handle different tasks at a time. 

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Market Segmentation

According to the Wireless Sensor Network Market the present market is segmented based on the type, connectivity, and end-user. Depending on the end-user type segment, the WSN Market has been fragmented into Automotive, Energy & Power, Aerospace & Defense, Healthcare, Oil & Gas, and Food & Beverage.

In terms of type segment, the global WSN market has been segregated into Position & Proximity, Blood Glucose Sensors, Accelerometers, Blood Oxygen Sensors, Carbon Monoxide Sensors, Electrocardiogram Sensors, Humidity Sensors, Image Sensors, Heart Rate Sensors, Temperature Sensors, Pressure, Ambient Light Sensors, Chemical Sensors, Flow Sensors, Level Sensors, and Inertial Measurement Units. 

Based on the connectivity type segment, the Wireless Sensors Network Market has been segmented into Bluetooth Low Energy Bluetooth or Bluetooth Smart, Wireless Fidelity, Cellular Network, Near-Field Communication, Global Navigation Satellite System Module, Zigbee, Wireless Highway Addressable Remote Transducer, and Bluetooth WLAN.

Regional Analysis

As per the Wireless Sensor Network Market, the worldwide market is segmented into different geographical areas such as North America, Asia Pacific, Europe, Middle East & Africa, and Latin America. 

The North American Wireless Sensor Network Market is dominating the worldwide market by creating significant market value in the review period. This region is growing upwards due to the high preferences of WSNs among the notable players (Honeywell International, Emerson Electric, and Texas Instruments)and the U.S. military in the region. 

The growth of the North American market relies on the high adoption of smart factories, many industrial WSN manufacturers, and intelligent manufacturing. Moreover, the railroad industry of the region is highly focused on advanced monitoring and alerting, which is leveraging the Wireless Sensor Network Market in the forecast period. 

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Industry News

In November 2019, STMicroelectronics declared STM32WB50 Value Line remote microcontrollers. These remote microcontrollers aim to serve costly associated gadgets required to help ZigBee® 3.0, Bluetooth® 5.0, or Open Thread. 

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Nanowire Battery Market Companies, Size, Development Strategy, Growth Potential, Analysis and Business Distribution | Impact of COVID-19

Market Analysis

Market Research Future (MRFR) predicts the global Nanowire Battery Market to grow at a significant pace from 2016 to 2022 (forecast year).

The nanowire battery is the most recent technology, which is essentially a battery made of cost-effective nanowires for increasing the surface area of the electrodes. The best part about these batteries is that they have a higher number of recharge cycles. And it is now widely prevalent in the modern world. The energy storage features are set to undergo a significant transformation, and the future seems promising with its implementation. Many businesses and industries have already implemented nanowire and batteries, enlightening demand forecasts for the near future.

Key Players

Imprint Energy, Inc., Ambri Inc., Xilectric Inc., Amprius Inc., Pellion Technologies, Boston Power, Inc. Prieto Battery, Inc., EnerDel. Inc., Envia Systems Inc., Sila Nanotechnologies Inc. and others.

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Nanotechnology is on the verge of becoming a reality, with the introduction of nanowire batteries currently underway. As the need for these technologically advanced batteries grows, consumers and industries are embracing them on a bigger scale. The great thing is that it is long-lasting and can withstand hundreds of recharge cycles without failing. That is what is driving the top brands from around the world to enter the global nanowire battery market.

Because the COVID effect has been mitigated, the demand for nanowire batteries has increased rapidly. One of the primary drivers of the worldwide nanowire battery market is the need of industries and consumers for technologically advanced products to power their applications. Traditional batteries are incapable of meeting the power demands of a wide range of applications. As a result, the demand for nanowire batteries is expected to rise because they are cutting-edge technologies that can boost corporate productivity.

Another significant market driving factor in the worldwide nanowire battery market is the product's ability to handle thousands of recharge cycles. As a result, battery life is reported to be longer than that of ordinary batteries, which is one of the primary reasons for the rising demand for these types of batteries. Another significant market driver for nanowire batteries is their low manufacturing cost. These batteries will be very adaptive in the next years and will not necessitate significant production costs.

COVID-19 Impact on the Global Nanowire Battery Market

The nanowire battery sector, like any other industry, faced a downturn as consumers were hesitant to invest in it during the financial and business crises. As a result, the sales rate fell for a few months in 2020.

However, now that the COVID 19 impact has been stabilized, enterprises are operating at full capacity, and demand is higher than before. People from all around the world have realized the full efficacy of embedding nanowire batteries atop traditional ones. And the effective benefits are amassed in order to advertise the product on a greater scale.

Market Segmentation

The global Nanowire Battery Market Companies has been segmented into application

By application, the global nanowire market has been segmented into electronics, automotive, healthcare, energy storage, power generation. 

Regional Analysis

Based on the regional analysis, the global nanowire battery market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and other parts of the world.

North America is the prominent region, accounting for the majority of market share in the previous period. The major essential players scattered across Canada and the United States are helping North America stay on top of the region-wise share accumulation.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

Sensor Fusion System Market Overview, Dynamics, Key Players, Opportunities and Forecast to 2027 | Impact of COVID-19

Sensor fusion is the utilization of sensors from discrete sources to form a whole image. The sources can include cameras, LiDAR, and radars. The Global Sensor Fusion Market report by Market Research Future (MRFR) provides an outlook on the various sensor algorithms, software developed, and the various upgrades for the period of 2018 to 2023 (forecast period). The COVID-19 pandemic and its impact on the industry is explored at depth in the report.

Market Scope

The worldwide sensor fusion market is expected to grow from USD 2.25 billion in 2017 to USD 6.37 billion by 2023 at a compound annual growth rate (CAGR) of 19.45% during the forecast period. The integration of sensors in smartphones and other consumer electronic devices as well as its miniaturization can drive the industry. The dipping prices of micro-electromechanical systems (MEMS) and its potential in climate monitoring, healthcare, industrial control, healthcare, and automotive systems can spur the market growth.

Competitive Outlook

Robert Bosch GmbH, Cummins, Inc., Baselabs, MEMSIC, Inc., NXP Semiconductor N.V., Senion, Analog Device, Inc., Kionix, Inc., Microchip Technologies Inc., Renesas Electronics Corporation, and STMicroelectronics are key players of the global sensor fusion market.

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The rise of wearables, autonomous vehicles, and robots can provide plenty of growth opportunities for the market. Advances in internet of things (IoT) and context awareness can favor the market. Furthermore, the development of hybrid networking infrastructure, sensor fusion algorithms, and aggregation of data from multiple sensors can bode well for the market. The Kalman filter is a prime example which models the previous and current versions of the system through continuous monitoring. Implementation of neural networks and machine learning for fusion of data and security to increase reliability and integrity of normal operations can lead to its adoption among various industrial sectors.

However, complexities in the marriage of sensor fusion and software can pose a challenge to the market.

Segmentation

Based on technology, the market is segmented into MEMS and non- MEMS. The MEMS technology can capture a significant share of the global sensor fusion industry owing to its application in gesturer recognition, navigation, activity tracking, and others.

By product type, the market is segmented into accelerometer + magnetometer + gyroscope, accelerometer + magnetometer, environmental sensor, inertial combo sensor, and others.

By axis, the market is segmented into 6-axis and 9-axis.

By application, the market is segmented into military, consumer electronics, medical, automotive, home automation, and others. The automotive segment is likely to herald a large revenue share due to the use of sensor fusion in advanced driver assistance systems (ADAS) and interest in safety applications. On the other hand, home automation is likely to fetch revenues during the assessment period owing to the rise of connected ecosystem and demand for home automation devices.

Regional Analysis

By region, the Sensor Fusion System Market is segmented into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

APAC is expected to capture the highest market share by 2022, due to growing demand for consumer electronic devices such as smartphones, tablets, and wearable devices. Moreover, development in autonomous vehicles and the changing automobile landscape is further fueling the growth of this market. The high demand for non-MEMS technology in automobiles due to demand for image and radar-based products can favor the regional market growth.

North America followed by Europe is dominating the global sensor fusion industry owing to major presence of automotive key players in this region. Moreover, Canada and US being developed economies focuses more on research and development (R&D) and are early adopters of advanced technologies.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

 

Chip Antenna Market Size, Opportunities, Future Plans, Competitive Landscape and Growth by Forecast 2027 | Impact of COVID-19

Overview:

The global market report on chip antenna is showing signs of attaining substantial valuation by the end of 2023. The market has an opportunity to move forward with a 15% CAGR during the forecast period of 2018 to 2023. Market Research Future (MRFR) studied the global Chip Antenna Market Size and discussed various factors that can bolster various market moves. Growing demand for smart grid, automation, internet of things, the inclusion of it in the healthcare sector, rising intake of consumer electronics, the involvement of the sector in bolstering the transportation industry, hike in investment for research projects, and others are expected to take the global chip antenna market forward. 

Competitive Landscape:

Mitsubishi Materials (Japan), Partron Co., Ltd. (South Korea), Johanson Technology, Inc. (US), Antenova M2M (UK), Yageo Corporation (Taiwan), Fractus, S.A. (Spain), Pulse Electronics (US), Fractus Antennas (Spain), Taoglas (Ireland), Vishay Intertechnology, Inc. (US)., and others are major companies to inspire changes in the global chip antenna market. MRFR’s understanding of their latest tactical developments would help in forming strategic decisions for the coming years.

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Segmentation:

The global Chip Antenna Market has been studied by MRFR analysts on the basis of type, applications, and end-users. This understanding is expected to provide insights that can be used to discuss factor-wise challenges and various dynamics.

By type, the chip antenna market has been segmented on the basis of ceramic multilayer chip antennas and a dielectric chip antenna. 

By application, the study of the chip antenna market includes reviews of Bluetooth, ZigBee, WLAN, ISM, and others. 

By end user, the report on the chip antenna market includes a proper understanding of segments like transportation, BFSI, industrial, government, manufacturing, healthcare, IT & telecommunication, and others. The healthcare sector is promoting substantial growth opportunities by creating scopes for market expansion.

Regional Analysis:

Asia Pacific has the chance to retain their dominant position in the market as the burgeoning end user industries are boosting the demand for chip antenna. Easy adoption of advanced technologies to promote the North American market. 

Industry News:

In August 2020, AVX Corporation, a company known for its superlative service as a manufacturer and supplier of advanced control, electronic sensor, components and interconnect, and antenna solutions, announced the launch of high-CV resin-molded, surface-mount tantalum chip capacitors that comes with a miniature and low-profile facedown design. This new chip is expected to gain significant traction from automotive electronics applications. The new F98-AJ6 Series capacitors are in the market in miniature 0603 and 0805 chip sizes with heights of 1.0mm and 0.80±0.10mm, respectively. These feature facedown under-tab terminations that have been implemented to achieve high volumetric efficiency, high capacitance, and high PCB assembly densities and make sure they help conserve board space and curb costs. 

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FRACTUS ANTENNAS DUO mXTEND antenna booster has been developed on the basis of the firm’s Virtual Antenna technology, which ensures the replacement of conventional and custom antenna solutions and integration of a new class of antenna boosters that encompasses miniature and off-the-shelf chip antenna components among others. These multiband, multipurpose chip antennas are perfect for a variety of wireless platforms to inspire faster, simpler, and less expensive designs against various custom solutions. This technology involving features like miniaturizing of the product makes it suitable for small and portable tracking devices and ensures the curtailing of custom antenna development.

The global market for chip antenna may find traction from industries like consumer electronics and healthcare as end users are trying to adapt to changes initiated by the COVID-19 pandemic. 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

Acoustic Microscopy Industry Analysis, Emerging Technology, Sales Revenue and Comprehensive Research Study Till 2027

Market Synopsis

The global Acoustic Microscope Market is slated to generate a market value of USD 1 billion by 2023, expanding at a 9% CAGR during the forecast period 2018-2023.  

Market highlights

The main factors driving the growth of the acoustic microscope market are the growing demand for research and development in micro and nanotechnology. Acoustic microscopes have a wide variety of use in medicine and microelectronics. SAM technology is trend in industry at the moment. This system has unique features, such as being able to display specimen without any damage. The focusing aspect plays a major role because even though it's inside the water, beam will search the sample. Besides, capturing image even at a deeper layer, perfect measurement, all this factor drive consumer demand for the acoustic microscope industry. The key factors driving the growth of the acoustic microscopy market are safety regulations introduced by governments and international bodies, the development of diverse end-use industries and increased funding for R&D in microscopy. Growing adoption of acoustic technology is driving the growth of the acoustic microscopy market by increasing the number of manufacturing firms for product error detection and quality checks. The demand for acoustic microscopy has seen a significant increase with the increase in the number of end-use industries and high investment in R&D.

Key players

The prominent players in the market of acoustic microscope are Nikon Corporation (Japan), Applied Materials, Inc. (US), Danaher Corporation (UK), Carl Zeiss (Germany), FEI Co. (US), Hitachi High Technologies Corporation (Japan), Bruker Optics Inc. (US), JEOL Ltd. (Japan), Leica Microsystems (Germany) and Olympus Corporation (Japan) among others.

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This device's in-depth magnification and high-resolution capabilities can be used to study various structures and damages in computer components in different industries. Even the increasing demand for application in the medical, semiconductor and aerospace industries creates lucrative opportunities for this market's manufactures.

Additionally, government support and its investments in R&D activities and growing advances in microscope technology lead to the adoption of acoustic microscope. High investment costs, however, hamper the growth of acoustic microscopes in the market. The main challenge facing the demand for acoustic microscopes is the lack of professional staff required to operate the acoustic microscope efficiently. You can overcome this challenge by conducting training sessions to train the unskilled personnel.

Segmentation

By type, the market is segmented into scanning acoustic microscope (SAM), confocal scanning acoustic microscope (CSAM), C-mode scanning acoustic microscope, scanning laser acoustic microscope (SLAM).

The Acoustic Microscopy Industry is segmented by application into non-destructive testing, fault analysis , quality control / product reliability testing, others (false detection and process validation). In the forecast period, the Non-Destructive Testing (NDT) market in the application segment is expected to develop at the highest CAGR due to increased knowledge of non-destructive industrial test methods and their benefits, such as increased equipment life and improved engendering performance.

By industry, the market is segmented into semiconductor & electronics, automotive, material science, life science, medical, and among others.

By region, the market is segmented into North America, Asia-Pacific, Europe, and the rest of the world.

Regional analysis

It is expected that the global demand for acoustic microscope will rise at a significant rate during the 2018-2023 forecast period. Acoustic microscope market geographic analysis is being studied for North America, Europe , Asia-Pacific and the rest of the world.

North America is expected to dominate the acoustic microscope industry, owing to increased government spending in research and development that includes acoustic microscopes. In addition, developments in the medical field are expected to increase the adoption of acoustic microscopes in the North America region.

Due to a large number of semiconductor and electronics companies located in this area that use the acoustic microscope for quality assurance and failure analysis, Asia-Pacific is expected to be the fastest growing market for acoustic microscopes.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.