Latest Industry Trends: June 2022

Thursday 30 June 2022

Low Noise Amplifiers Market Development Strategy, Future Plans, Competitive Landscape And Regional Forecast To 2027

The low noise amplifiers market perceives rapid revenue growth. LNAs are used to amplify low-strength signals from the low-frequency antenna. The causal role that low noise amplifiers (LNAs) play in telecommunications drives the market growth, receiving and intercepting incoming signals. Besides, the increasing penetration of mobile data networks substantiates the market size.

With the increasing uses of LNAs in ISM radios, GPS receivers, remote keyless entry devices, laptops, and mobile devices, the market is projected to witness significant traction in the next few years. In this regard, Market Research Future (MRFR) asserts that the global Low Noise Amplifiers Market is estimated to reach USD 3 BN by 2023, growing at a 13% CAGR during the review period (2017-2023).

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Additionally, rising investments in telecommunications and the shift from 3G to LTE networks boost market revenues. The adoption of low noise amplifiers in automobiles and increasing usages of smartphones are key driving forces behind the growing market landscape. Moreover, increasing LTE, WCDMA, and HSDPA air interfaces operating in various bands accelerate market growth.

Low Noise Amplifiers Market - Competitive Analysis

Highly competitive, the global low noise amplifiers market appears fragmented due to the presence of several well-established players. Matured companies incorporate acquisitions, partnerships, collaborations, technology launches, and expansions to gain a competitive advantage and maintain their market position.

Major Players:

Players leading the low noise amplifiers market include Analog Devices, Inc. (US), Infineon Technologies AG (Germany), NXP Semiconductors NV (the Netherlands), Qorvo, Inc. (US), Skyworks Solutions, Inc. (US), L3 Narda-MITEQ (US), Panasonic Corp. (Japan), Texas Instruments, Inc. (US), ON Semiconductor Corp. (US), Atmel Corporation (US), Microchip Technology Inc. (US), Teledyne Microwave Solutions (US), Toshiba Corporation (Japan), and Diodes Incorporated (US), among others.

Low Noise Amplifiers Market - Segments

The market is segmented into frequencies, types, application areas, and regions. The frequency segment is sub-segmented into DC to 6 Hz, 6 to 60 Hz, and more than 60 Hz. The type segment is sub-segmented into silicon, gallium arsenide, and silicon germanium. The application area segment is sub-segmented into consumer electronics, industrial, military & defense, automotive, medical, space, data & telecommunication, and others. The region segment is sub-segmented into North America, Europe, APAC, and the Rest of the World.

Low Noise Amplifiers Market - Regional Analysis

APAC is the largest market for low noise amplifiers, heading with the rise in smartphone usage and telecommunications developments. Besides, the rapid shift from 3G to LTE networks and powerful technologies at affordable costs boosts the regional market growth. Rising advances in integrated technologies to improve consumer electronics and data & telecommunication influence the region’s market shares. China, Japan, and India are the key markets for low noise amplifiers.

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Industry/ Innovation/ Related News

Nov. 02, 2021 --- AmpliTech Group, Inc. (the US), a designer, developer, and manufacturer of futuristic signal-processing components, unveiled its MMIC Design Center (AGMDC) in Texas. This initial round is comprised of new MMIC products, including LNA amplifiers, filters, and attenuators.

These designs integrate AmpliTech’s industry-leading low noise figures into more compact packages, allowing integration into a larger range of consumer applications. The AGMDC is now fully operational, and its initial designs have been released for wafer production. AmpliTech’s devices are used for defense, space, satellite & 5G communication networks, and other commercial applications.

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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.

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X-ray Inspection Systems Market Size, Share, Trends, Business Strategies, Revenue, Leading Players, Opportunities and Forecast 2027

The global X-Ray Inspection Systems Market is growing at a rapid pace. The rising uptake of x-ray inspection solutions across burgeoning industries to enhance various processes with improved precision drives the market growth. Besides, the spurring rise in major verticals, such as food & beverage, aerospace, automotive, and power, substantiates market size.

The market is projected to perceive significant gains, witnessing the significant demand in the years to come. According to Market Research Future (MRFR), the X-ray inspection systems technology market size is estimated to reach USD 1113.1 million and grow at a CAGR of 7.1% by 2030. Industrial X-ray inspection systems are extensively used to assist quality control and manage the risks in an industrial setup.

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Additionally, the benefits of X-ray inspection systems, such as the easy verification of missing products, better quality control mechanism, reduced risk of product recalls, improved data collection, and others, are key driving forces. Automotive sectors worldwide extensively adopt x-ray inspection systems solutions to enhance quality control processes.

Global X-Ray Inspection Systems Market – Competitive Landscape

The x-ray inspection systems market appears fiercely competitive owing to the various dynamic and diversified international players forming a competitive landscape. Constantly innovating technology providers seek market expansion by various strategic initiatives, such as M&A activities and increasing investments in R&D activities and expansion.

Major Players:

Players leading in the market are Nikon Metrology NV (Belgium), North Star Imaging, Inc. (US), Nordson DAGE (UK), VJ Group, Inc. (US), YXLON International GmbH (Germany), 3DX-RAY Ltd. (UK), Smiths Detection, Inc. (UK), VisiConsult X-ray Systems & Solutions GmbH (Germany), General Electric Co. (US), and Mettler-Toledo International Inc. (Switzerland), among others.

X-Ray Inspection Systems Market – Segments

The global x-ray inspection systems market is segmented into dimensions, verticals, imaging techniques, and regions. The imaging technique segment is sub-segmented into film-based imaging and digital imaging.

The dimension segment is sub-segmented into 2D and 3D. The vertical segment is sub-segmented into automotive, aerospace, power & infrastructure, government, manufacturing, and others. The region segment is sub-segmented into North America, Europe, APAC, and the Rest of the World.

X-Ray Inspection Systems Market – Regional Analysis

North America dominates the global x-ray inspection systems market. The vast presence of major technology providers meeting the constant demand for fast-processing and cost-effective X-ray inspection systems drives the market growth. Besides, the rising demand from aerospace, automotive, infrastructure, and power sectors boots the market revenues.

Advances in X-ray technologies and rising consumer awareness regarding the benefits of products like CMOS imaging systems create vast market demand. Moreover, growing government initiatives to drive infrastructure development projects in this region are increasing the demand in the market. The power generation sector that needs highly advanced systems for detection techniques fosters the region’s market shares.

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Industry/ Innovation/ Related News

Oct. 18, 2021 --- Smiths Detection, a global leader in threat detection & security inspection technologies, announced securing a contract with Japan Customs to boost surveillance with a state-of-the-art inspection system.

The contract would enable Smiths Detection to provide two Hi-Energy 9 MeV, interlaced, dual view HCVS (high-performance cargo inspection systems) for screening trucks and cargo containers.

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Smart Grid Sensors Market Trends, Size, Segments and Growth by Forecast to 2027

Market Synopsis

According to MRFR, the global Smart Grid Sensors Market is expected to secure approximately USD 1556.71 million, at a CAGR of 18.3% over the forecast period 2020-2030.

Market Scenario

The conventional power grid system is being modernized into a smart grid to address issues such as power dissipation, concentrated information flow and growing safety and consistency concerns. The introduction of technologies such as supervisory control and data acquisition (SCADA) and smart grid network management has modernized the current power grid infrastructure to make performance, adaptability and reliability more sophisticated. The smart grid sensor is expected to show significant growth over the forecast period, in the lines of these factors. In addition , the increasing number of electrical thefts in commercial and residential areas, and the system of energy faults, And extreme weather conditions operational capacity is expected to drive the market over the forecast period.

Key Players

General Electric Company (U.S.), ABB Ltd. (Switzerland), Oracle Corporation (U.S.), Cisco Systems, Inc. (U.S.), Siemens AG (Germany), Schneider Electric SA (France), Itron, Inc. (U.S.), Landis+Gyr (Switzerland), Tech Mahindra Ltd. (India), Aclara Technologies LLC (U.S.), S&C Electric Company (Illinois, U.S.), Esyasoft Technologies Pvt. Ltd. (India), Open Systems International, Inc. (Minnesota, U.S.), Wipro Ltd. (India), Kamstrup A/S (Denmark), Trilliant Holdings, Inc. (U.S.), NexGrid, LLC. (U.S.), Globema (Poland), EnerNOC, Inc. (U.S), and e-Smart Systems Pvt. Ltd. (India).

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The Global Market to Recover Post COVID-19 Pandemic

The global pandemic of COVID 19 has impacted a large portion of the world's population. Many people have lost their jobs as a result of the global pandemic. It has had an impact on the dynamics and growth of a number of sectors. Everyone is worried about their immunity and maintains a social distancing. During the lockdown, numerous end-user industries' operational activities were interrupted, resulting in a fall in demand for the smart grid sensors market, which resulted in lost sales revenue. The supply chain networks were also disrupted, resulting in a decrease in profit margins.

However, by carefully strategizing according to market needs, the smart grid sensors market is predicted to recover from this global pandemic by the end of the third quarter of the approaching year.

Market Segmentation

The Smart Grid Sensors Market has been divided based on the sensors, service, application, components, and solutions.

Based on the sensors, the global smart grid sensors market has been divided into dynamic line rating sensors, transformer monitoring sensors, outage detection sensors, voltage/temperature sensors, and many others.

Based on the services, the global smart grid sensors market has been divided into support & maintenance services, deployment & integration services, consulting services, and many others.

Based on the application, the global smart grid sensors market has been divided into Advanced Metering Infrastructure (AMI), smart energy meter, supervisory control and data acquisition (SCADA), and many others.

Based on the components, the global smart grid sensors market has been divided into programmable logic controller (PLC), networking hardware, sensors, AMI meter, and others.

Based on the solutions, the global smart grid sensors market has been divided into billing & customer information systems, substation automation, grid asset management, smart grid communication, smart grid distribution management, Advance Metering Infrastructure (AMI), and others.

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Regional Analysis

North America to Rule the Global Market

The North America holds the highest market share in the global smart grid sensors market, owing to an increase in grid solution makers, which helps to improve consistency and hence drives the market. Another factor is the existence of countries such as Canada and the United States.

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Wednesday 29 June 2022

Smart Workplace Market Overview, Business Opportunities, Sales and Revenue, Supply Chain, Challenges by 2027

Market Scenario

The surge in the adoption of energy-efficient solutions is predicted to motivate the Smart Workplace Market 2020. The sensor and control reports are formed by Market Research Future, which covers market options for progress. The income potential of USD 47 Billion with the assistance of a 14.20% CAGR is forecasted by 2023.

The companies around the world are emphasizing the need for security and safety solutions at the workplace, which is predicted to spur the smart workplace market. The proliferation of BYODs is predicted to enhance the global smart workplace market further.

Key Players

The established market competitors of the global Smart Workplace Industry are Philips Lighting Holding B.V. (Netherlands), Schneider Electric S.A. (France), Siemens AG (Germany), Johnson Controls International PLC (Ireland), ABB Ltd. (Switzerland), Honeywell International Inc. (U.S.), Cisco Systems, Inc. (U.S.), Lutron Electronics Co. Inc. (U.S.), United Technologies Corporation (U.S.), Crestron Electronics, Inc. (U.S.), and others.

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Market Segmentation

The worldwide Smart Workplace Market can be segregated on the grounds of product, component, communication technology, office type, and region.

Based on the product, the worldwide smart workplace can be segmented into Smart Lighting, Lighting Controls, Smart Bulbs, and Fixtures.

Based on the component, the worldwide smart workplace can be segmented into Software and Services.

Based on communication technology, the worldwide smart workplace can be segmented into Wired and Wireless. The wired segment can further be classified into Wi-Fi, Enocean, Bluetooth, ZigBee, and others. The wireless segment can further be classified into LonWorks, Power Over Ethernet (POE), KNX, Building Automation & Control Network, Digital Addressable Lighting Interface (DALI), and others.

Based on office type, the global smart workplace can be segmented into Retrofit Offices and New Construction Offices.

Based on the region, the worldwide smart workplace can be segmented into Asia Pacific, North America, Europe, and the Rest of the World (RoW).

Regional Analysis

The regional evaluation of Asia Pacific, North America, Europe, and the Rest of the World (RoW) has been performed. As per the analysis by MRFR, the market is dominated by North America. North America is estimated to acquire the largest market share during the forecast period. The U.S. and Canada are estimated to make the maximum contribution to expanding the market. Besides, the region has a developed infrastructure, which makes it easier to implement advanced technologies.

Moreover, the rising concept of BYOD has further propelled the market. In addition, the region consists of the well-established players who play a significant role in augmenting the regional market.

On the other hand, the Asia-Pacific region is projected to be the fastest-growing region during the forecast period. A smart workplace in Asia-Pacific is estimated to generate significant revenue due to the increasing demand for safety and security at the workplace. Countries like India, Japan, China, and South Korea are estimated to make the most significant contributions in expanding the market. The APAC region is estimated to experience a faster adoption as compared to the other regions.

The outbreak of COVID-19 is likely to change the market dynamics of several regions. Several regions have been affected due to the observation of nationwide lockdown in various countries.

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Optical Lenses Market Comprehensive Plans, Competitive Landscape and Trends by Forecast 2027

Market Overview:

It is assessed that the Optical Lenses Market is displayed to grow by a CAGR of 7%, with a market valuation of USD 6 billion for the figure of 2017-2023. In creating and arising economies, visual brokenness has expanded. Patient counts for near-sightedness, hyperopia, astigmatism, presbyopia, and waterfalls have expanded universally.

The optical lenses market is to a great extent affected through factors like minimal expense eyeglasses, high-item upgrades, and low-aftereffects. The developing requests have provoked focal points delivering firms for concocting feasible arrangements with higher vision adjustment adequacy.

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It is normal that ophthalmologic focal points are being embraced more by more youthful populaces, which will likewise prompt the development of the optical focal points market. Because there has been a considerable ascent in the photography profession, high accessibility of reasonable cameras, appeal for HD recordings and pictures. There has been expanding interest for optical focal points as callings like contributing to a blog, video making, and making different kinds of content have expanded.

Likewise, the camera nature of cell phones has expanded, which has been aiding the rising interest in optical focal points. Visual dysfunctions and photography-related callings have expanded because of which interests in the optical focal points market have improved.

Market Segmentation:

The Optical Lenses Market can be portioned into types, applications, and vertical.

By type-It incorporates two sorts that are meeting and separating focal points. In this view, separating focal point market holds a higher portion of the overall industry because of its high utilization in telephones, eyeglasses, telescopes, and optics. The makers of optics and telescopes, for the most part, utilize the inward focal point for allowing the watcher to get a perspective on the pictures.
Optical lenses market by application-It includes four applications that are microscopy, laser handling, imaging, and ophthalmic. Lately, optical focal points in microscopy have expanded the interest, which will fuel the development of the optical focal points market.
By Verticals-Healthcare, life sciences, customer encounters, guard, assembling, and others. There has been an expanding ascend in optical instruments and focal points in the clinical area as most of the clinical experts use instruments for body entry points.

Regional Analysis:

The optical lenses market is significantly separated into four districts like North America, Asia - Pacific, Europe, and different areas of the planet. North America has the most elevated portion of the overall industry because of the presence of central participants. In this view, focal point innovation is developing in this district which will build the development of the optical focal point market. In the North American area, the US and Canada have the most noteworthy portion of the overall industry. Furthermore, Asia-Pacific is relied upon to develop with the most noteworthy CAGR because of the presence of little and huge makers.

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Industry News:

Over the most recent couple of years, organizations have been enhancing premium focal points for fulfilling the needs of the optical focal point market. Nikon Corporation has planned a wide scope of optical focal points with expanding and changing interest of the more extensive client base. Nikon Corporation claims the assembling of See Series optical focal points, which is likewise an exceptional result of ophthalmic focal points and coatings.
Different advancements by the organization incorporate particular vision focal points, moderate focal points, a centre focal point that are extendable, and others. Another central participant that is Cosina Ltd, has created premium quality optical focal points usable in cameras.

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Ambient Light Sensor Market Analysis, Growth Rate, Business Opportunities and Competitive Landscape 2022-2027

Ambient Light Sensor Market-Overview

The use of ambient lights has risen with increased progress in lighting solutions efficiency, and this is estimated to profit the Ambient Light Sensor Market 2020. The sensor & control industry reports are produced by Market Research Future, which highlights market options for expansion. An income generation of USD 822 Million by 2023 at 10% of CAGR is estimated to benefit the market in the forecast period.

The high degree of demand from consumer electronics, medical, among others, is estimated to motivate the expansion of the ambient sensor market share. The smart home concept has increased in popularity, and this is estimated to enhance the ambient light sensor market share.

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Segmental Analysis

The segmental study of the ambient light sensor market is conducted on the basis of sensor type, output type, mounting style, application, and region. Based on the sensor type, the ambient light sensor market is segmented into the light to digital, light to current, light to frequency, and light to voltage. Based on the output type, the ambient light sensor market is segmented into analog and digital. On the basis of mounting style, the ambient light sensor market is segmented into through Hole, SMD/SMT, and others. The application-basis of segmenting the ambient light sensor market consists of automotive, sunlight harvesting, robotics, medical devices, security lighting, consumer electronics, and others.

Detailed Regional Analysis

The regional examination of the Ambient Light Sensor Industry includes regions such as Asia Pacific, North America, Europe, and the rest of the regions in the world. It has been noted that the regional market of North America is expected to be responsible for the most important share of the market. In contrast, the regional market of the Asia Pacific is estimated to develop at a top rate through the forecast period. The major augmentation in the ambient light sensor market in the region of North America is accredited to technological development and escalating demand for energy-efficient solutions in applications such as lighting across various industry verticals in that region. The Asia Pacific ambient light sensor market is anticipated to add more rapidly to the augmentation of the revenue generated due to the escalating demand for consumer electronics in the region.

Competitive Analysis

The growth restraints of the market are anticipated to be momentous and will need to be neutralized to unlock favorable development in the market. The unsteadiness in the forces of demand and supply is expected to produce an advantageous bearing on the market taken as a whole in the forecast period. The declining effects evident in the market globally are anticipated to stay for the foreseeable future to the scale of impact on the worldwide market. The necessity for tactful analysis of the market cues and demand projections is anticipated to lead to a robust expansion in the market. The restitution and operations on a daily basis are anticipated to take some time, which will show the way to concentrated development of the backlogs created in delivery. The financial backing provided by the administrations and trade bodies is anticipated to reclaim the situation in the coming years. The conundrum present in the global market relating to the fundamental assets of the corporations is being optimized to fair the existing pandemic more successfully.

Industry Updates:

May 2020 Apple is purportedly planning to join together light sensors in a novel form of Air Pods in the coming years. This development suggests their application could be part of supposed future health monitoring features in the proper wireless earbuds.

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Fitness Tracker Market Revenue, Comprehensive Plans, Growth Potential & Forecast 2022-2027

The demand for high-end technology solutions is predicted to enhance the growth rate for the fitness tracker market in 2020. The consumer electronic devices reports are produced by Market Research Future, which features market options for expansion. A USD 15.88 billion income is predicted by the end of 2023 with the support of a 13.02% CAGR.

The demand for a healthy lifestyle has been steadily rising in the global population, and this factor is estimated to enhance the fitness tracker market share. The user-friendly nature of the devices is estimated to further enhance the fitness tracker market size in the upcoming period.

Key Players

Eminent players profiled in the global fitness tracker market report include Apple Inc., Fitbit, Samsung, Garmin, Suunto, Jawbone, Casio, Polar, Nike, Adidas, Misfit Wearable, Inc., Xiaomi and Nokia and others.

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Rising Prevalence of Health Disorders to offer Robust Opportunities

The rising prevalence of health disorders will offer robust opportunities for the market in the forecast period. Desktop lifestyles related to contemporary living are leading to several health issues including diabetes, lack of sleep, obesity, and other diseases. Growing health issues and the frantic work timetables have urged people in commencing daily exercise for sustaining their health and avoiding numerous health conditions. Besides, the growing awareness regarding the significance of healthy living will boost the requisite for fitness activities that in turn will increase the demand for fitness monitoring products. Moreover, fitness products provide customers with better flexibility that help in preventing major health conditions.

High Cost to act as Market Restraint

The high cost of fitness tracker coupled with the chances of data theft for the use of IoT in small fitness trackers may act as market restraints over the forecast period.

Concerns about Misinterpretation of Data to act as Market Challenge

The concern regarding misinterpretation of data owing to sensitivity of devices may act as a market challenge over the forecast period.

COVID-19 Analysis

The COVID-19 pandemic had a positive effect on the global Fitness Tracker Market for the increasing sales of fitness monitoring devices. The outbreak has increased the awareness about health hence boosting sales of fitness monitoring products. Leading companies like Garmin and Apple have experienced a rise in revenue by 20% in 2020 in comparison to 2019. Manufacturers are creating advanced services and products for helping customers at this time of crisis. All these are adding to the fitness tracker market share.

Market Segmentation

The global fitness tracker market is segmented based on age group, end users, sales channel, product type, wearing type, and application.

By wearing type, the global fitness tracker market is segmented into legwear, handwear, headwear, and others.

By product type, the global fitness tracker market is segmented into smart clothing, activity monitors, and smart watches.

By application, the global fitness tracker market is segmented into running, cycling tracking, tracking and sports, glucose measurement, heart rate tracking, sleep measurement tracking, and others.

By age group, the global fitness tracker market is segmented into adult fitness tracker and kids fitness tracker.

By end user, the global fitness tracker is segmented into sports, diagnosis centre and hospitals, and others.

Regional Analysis

North America to Head Fitness Tracker Market

North America will head the fitness tracker market over the forecast period chiefly on account of advanced technology with compact design. Besides, technological advances and increasing awareness about health are also adding market growth.

Industry Updates

Fitbit has introduced a jewelry inspired fitness tracker, Fitbit Luxe. It has been designed to appear as a jewelry yet acts like a wellness and health wristband. This fitness tracker comes with a color screen, is swim-proof, and has a heart monitor.

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Laser Printer Market Growth, Market Analysis, Business Opportunities and Latest Innovations

The global laser printer market report by Market Research Future (MRFR) covers growth drivers and challenges to be faced by manufacturers for the forecast period (2020-2027). The COVID-19 outbreak and its implications on production and supply chains are explored in high detail. Laser printers are devices capable of printing images and text in a high resolution. Applications in digital printing across industries can provide prospects to the market.

Market Scope

The global Laser Printer Market size can touch USD 2,322 million by 2023. It is majorly driven by huge demand for value-add services for industries of food & beverage, financial services, retail, and others. Use of eco-friendly ink for printing on paper and other materials owing to awareness among consumers can drive the market. Soy ink prints are cost-effective and viable in carbon prints.

The market aims to capitalize on the ubiquity of the internet and provide new features to print directly from online sources. Utilization of cloud services for reducing printing costs combined with rise of 3D printing can provide new avenues of growth to the market. Transition to digital channels and ability to send data directly to electric plates can favor market growth. Establishment of retail stores to cater to consumer stores for rapid delivery of services can propel the market. Special sales and tie-ups with online channels can be a lucrative source of revenue.

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But increase of digitization and aversion to using physical structures for display Ads can hamper market growth.

COVID-19 Impact

The COVID-19 pandemic has negatively impacted the laser printer market. Shutdown of physical stores have affected the market and the transition to digital channels has not aided the market. But ease of norms and opening of industries can offer respite to the market.

Segmentation

Multi-function Printers to Carve a Large Market Share

Multi-function printers are expected to hold the largest market share and also grow at a significant rate during the forecast period. This is owing to the increasing demand for multi-function printers across various industry verticals and increasing initiatives from vendors and government. Government kiosk centers established at metro locations can be used by customers is another major factor driving the penetration of multi-function printers and eventually driving the growth of laser printer market.

Large Enterprises to be Biggest End-user

Large enterprises are expected to be the biggest end-user of the Laser Printer Market owing to marketing campaigns using the print medium to reach a large section of users. Moreover, the use of brochures and other in-house communication purposes can trigger the need for laser printers.

Regional Analysis

North America to Dominate Laser Printer Market Demand

North America is expected to dominate the global market owing to implementation of advanced technologies coupled with rise in mobile communications. Printing of large projects and demand for laser printers in textile and communication industries can drive the regional market growth.

Competitive Analysis

Samsung Electronics Co., Ltd., The Ricoh Company, Ltd., OKI Electric, Fuji Xerox Co., Ltd., Lexmark International, Inc., Canon, Inc., HP, Brother Industries, Ltd., Kyocera Corporation, Dell, Inc., and Seiko Epson Corporation are key players in the global laser printer market. Focus on innovative solutions is the primary strategy of printer manufacturers looking to gain the edge in the competition.

Industry News

Burloak Technologies has added two new products to its lineup of laser printers, TRUMPF TruPrint 2000, for boosting manufacturing capacity.

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Medical Connector Market Size, Share, Trends, Key Opinion Leaders | Market Performance and Forecast by 2027

Market Research Future (MRFR) study on the world Medical Connector Market reveals factors that can influence market rise. As per MRFR findings, the global medical connector market can rise at about 7.79% CAGR from 2017 to 2023. MRFR findings also states that the integrated systems market value can rise over USD 2 Billion by 2023. The high adoption of medical devices is observed as the critical factors that can increase the market size. The rise in the utility of medical electronics, such as ultrasound, electrocardiography, defibrillators, Magnetic resonance imaging (MRI), surgical, diagnostic, heart-lung machines, and therapy systems can prompt the rise of the medical connector market growth. The growing applications of medical systems is attributed to the rise in the demand for medical connectors. These factors can support the expansion of the medical connector market. The adoption of ultrasound solutions and the surge in need for high numbers of cycles can prompt the growth of the medical connector market. The high preference for custom designed and the need to refurbishing medical devices can prompt the expansion of medical connector market through the assessment period. The inclination towards sterilizable, disposable, and reusable medical connectors is another factor that can significantly drive the market growth.

Key Players

MRFR listed some well-known players of the medical connector global market. They are; Smiths Interconnect (U.K.), ITT Corporation (U.S.), Amphenol Corporation (U.S.), Delphi Automotive LLP. (U.K.), TE Connectivity Ltd. (Switzerland), Molex (U.S.), Fisher Connectors (Switzerland), Samtec (U.S.) Lemo S.A. (Switzerland), Esterline Corporation (U.S.), and among others.

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Segment Study

The segment study of the medical connector global market is based on offering, light source type, and applications. The material based segments of the medical connector market are plastic and metal among others. The connector size based segments of the medical connector market are 11mm -20 mm, <=10 mm, and >= 20 mm.

Detailed Regional Study

The regional study of Medical Connector Market by MRFR across Asia pacific, North America, and Europe, followed by the Rest of the World reveals that the medical connector market in North America can lead through the years to come. The medical connector market share in North America can escalate due to the rise in investment made by giant companies in the production of innovations of medical applications, such as catheters, dental tools, sensors, electro surgery tools, defibrillators, ECG devices, respirators, and others. Europe medical connector market can witness a sharp rise in the valuation in the forthcoming period due to rise in Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for medical connectors market and expected to be the highest CAGR in the coming years.

Asia Pacific is observed to rise as an exponentially growing market through the review period. The dominance of medical connectors market in the forecast period can be attributed to factors, such as rise in chronic diseases cases that include autoimmune diseases, cancer, blood disorder, and other diseases. In addition, the availability of advanced and robust healthcare infrastructure are another factors that can prompt the medical connector market in APAC. In North America, the United States can hold the highest share of the global market owing to factors such as, increase in number of populace distressed from cancer and other type of chronic disorders, along with the expansion of the geriatric populace and developments concerning medical connectors. The surge in demand for these systems across the country is anticipated to prompt the rise of North America medical connector market.

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Hybrid Smart Parking Platform Market Estimated to Grow with a Healthy CAGR During Forecast Period 2022-2027

Market Overview:

The expanding number of vehicles on-street has expanded the necessity for shrewd leaving frameworks. The vehicles are high, yet the parking spots are less in numerous areas. The brilliant stopping sensor innovation utilizes AI to illuminate the client about stopping examination. It is a valuable apparatus to track down stopping places. The innovation isolates all the stopping data in the area. At the ideal opportunity, it can give valuable data to leave the vehicle.

The shrewd stopping stage accompanies sensors that can illuminate the client about stopping places in short nearness. Additionally, it can offer total data about the difficulties in the parking spots. Today, stopping programming stages are viewed as the most brilliant answers for overseeing traffic.

The Hybrid Smart Parking Platform Market is seeing gigantic development in the estimated year. The half breed savvy stopping stage market size development is projected as 9%. Likewise, the market esteem is thought to be USD 2,134 million every 2023.

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The savvy city execution will additionally grow and foster the market. The expanding number of independent vehicles will make the coordination brilliant, leaving innovation simple. Be that as it may, barely any difficulties will limit the crossover shrewd stopping stage market interest.

The high execution cost is an urgent obstruction in this market. Likewise, the intricacies in framework coordination can unfavorably influence market development. These market limitations can decrease the interest during the conjecture time frame. Generally, the half-breed shrewd stopping stage market shows an expanding market pattern.

Market Segmentation:

By Component

Administration
Equipment
Programming

By Parking

Off-road stopping
On-road stopping

By Application

Business
Private
Administrative

By arrangement

Tag acknowledgment
Security and observation
Stopping reservation, the board
Valet stopping the board

Regional Analysis:

The global half-breed shrewd stopping stage market is divided into three significant locales. North America, Europe, and the Asia Pacific are significant supporters of the worldwide market. North America will rule the savvy stopping stage market in the conjecture year. The grounded market players in North America are carrying out new market procedures in the figure year. Likewise, the most noteworthy development rate and request will be capable by north America.

Europe is the subsequent driving shrewd stopping stage market. The quick reception of IOT based advancements is impelling business sector development. The market will remain observers enormous productivity in the estimated time frame. Additionally, the development degree is high for the shrewd stopping stage in Europe. The administrative drives to control contamination are likewise helping the market.

The Asia Pacific will observe the quickest brilliant stopping stage market development. The interest is high because of the reception of brilliant urban communities and developing stopping concerns. The mechanical progressions in this multitude of areas will offer a lot of learning experiences for the brilliant stopping stage market.

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Industry News:

The public authority is stepping up and executing computerized vehicle leaving in a few districts. It sets out more open doors for brilliant stopping stages. Additionally, the 4.0 valet stopping drive depends on savvy stopping innovation.

The central members of the market are expanding their interests in research and development. The innovative work of savvy leaving stage opens a better approach to coordinate the innovation in vehicles. Research and development are exceptionally valuable for the car business.

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Digital Holography Market Opportunities, Market Entry Strategies, Key Manufacturers Analysis And Forecast To 2027

Digital holography is a new tool in 3D imaging developed for biological applications. Microscopy of biological systems and understanding of complex systems through 3D imaging can drive its demand. The global Digital Holography Market report by Market Research Future (MRFR) covers latest trends and challenges to be encountered by manufacturers over the forecast period (2020-2027). The COVID-19 pandemic and its effects on the industry are explained in high detail.

Market Scope

The global digital holography market is expected to increase at a CAGR of 37%, with a value of USD 7.5 billion during the forecasted 2020-2027. It is driven by the capacity of the technology for providing accurate measurements of objects. Adoption of the technology in the financial sector, rising demand in medical and commercial applications, and use in measurement of minute organisms can drive market demand significantly. Inspection and detection of faults in the automotive sector and reduction in fault tolerance during production can lead to its adoption in various sectors.

Measurements of wavefields with high precision and investigation of surfaces at a micro level can drive the market growth. Its use in various applications in China and India can favor the digital holography market. Huge demand for minimally invasive techniques and adoption of the technology in biomedical research and academic centers are other drivers of the market. But unawareness of the technology and lack of skilled technicians can hamper market growth.

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Segmentation

Holographic Displays to be the Leading Application

Holographic displays can present images in a high resolution due to improvements in spatial light modulators. Developments in photonics, microelectronics, and computer engineering can drive the evolution of holographic displays with acceptable quality. Attraction towards 3D imagery and use of Ads and marketing to entice customers can bode well for the segment over the forecast period.

Commercial Vertical to Dominate Global Market

The commercial vertical is expected to be the biggest revenue contributor due to the capability of digital holography in live events, concerts, promotions, and shows. The focus of retailers to distinguish themselves from the competition can employ the use of the technology. Adoption of holographic displays for engaging customers through experiences can bode well for the global market.

Hardware Component to Capture Large Market Share

The hardware is expected to dominate the market share owing to rapid developments in computers, spatial light modulators, and image sensors. But the high costs can be a detriment to its growth.

Regional Analysis

North America to Lead Global Market

North America is expected to lead the global digital holography market owing to need for technologically advanced products and rise of new technologies. Presence of well-known vendors and demand for holographic solutions in medical, aerospace & defense, and others can drive regional market growth.

Competitive Analysis

Jasper Display Corporation, Ovizio Imaging Systems NV/SA, Lyncee Tec SA, Light Logics Holography and Optics Pvt Ltd., Geola Digital lab, RealView Imaging Ltd., Eon Reality, Inc., Holoxica Ltd., Zebra Imaging Inc., and LEIA Inc. are key players in the global digital holography market.

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Industry News

VividQ has generated funding of USD 15.1 million for developing large screens capable of displaying 3D and mobile holography. It aims to use the capital for expediting development of AR headsets, HUD demos, and implement holography across consumer electronics.

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Semiconductor Production Equipment Market Comprehensive Study Explores Huge Revenue Scope in Future | Leading Key Players

The Semiconductor Production Equipment Market is growing rapidly. The market increase attributes to rapid industrialization and economic growth worldwide. Besides, vast technological advances in telemetry solutions and semiconductor products drive the development of the market. The information and communications industries have a massive demand for semiconductor production equipment. These equipment offer higher performance chips delivered from equipment suppliers.

Moreover, rising usages of chips in plug-in electric vehicles, smart meters, solar panels, wind turbines, and sensors, escalate market growth. According to Market Research Future (MRFR), the global semiconductor production equipment market is expected to reach approximately USD 63 BN by 2023, growing at 7% CAGR during the forecast period (2017-2023). The proliferation of additive manufacturing (AM) or additive layer manufacturing method, 3D printing, and computer-controlled processes boost the market growth.

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Semiconductor Production Equipment Market - Competitive Landscape

Highly competitive, the global semiconductor production equipment market appears fragmented due to the presence of many players. To gain a larger competitive advantage, players incorporate strategic initiatives such as mergers & acquisitions, expansion, collaboration, and product/ technology launch.

These players invest substantially to transform the consumer and business landscape. Also, industry players make substantial R&D investments in developing the product and

technology. To widen their reach t customers, they offer discount offers, such as the end of season sale offerings.

Major Players:

Players leading the semiconductor production equipment market include Micron Technology Inc. (US), Qualcomm Technologies, Inc. (US), Intel Corporation (US), AlsilMaterial (US), Applied Materials Inc. (US), Atecom Technology Co., Ltd (Taiwan), LAM RESEARCH Corporation (US), Tokyo Electron Limited (Japan), KLA-Tencor Corporation (US), Teradyne Inc. (US), Screen Holdings Co., Ltd (Japan), Samsung Group (South Korea), and ASML Holdings NV (Netherlands), among others.

Semiconductor products have transformed the process of generation, distribution, and consumption of energy. Additive manufacturing allows the transformation of the supply chain from production of parts manufactured by subtractive methods, to higher performance, innovative designs that enable agile supply chains to adopt Industry 4.0 principles. Additionally, increasing investments to develop new metal alloys designs and technologies

Increasing uptake of GaAs technology in Field Effect Transistors (FET) and integrated circuits (ICs) for high velocity and high electric field applications pushes the growth of the market. On the other hand, the high manufacturing cost of semiconductor production equipment is a significant factor projected to impede market growth. Nevertheless, growing usages of semiconductor equipment in power amplifiers for transmitting high-speed signals, ultra-high radio frequency, and fast electronic switching applications would support the market growth throughout the forecast period.

Semiconductor Production Equipment Market – Segments

The report is segmented into four dynamics;

By Equipment Type : Front-End Equipment, Backend Equipment, and others.

By Products : Dicing Machine, Probing Machines, Sliced Wafer Demounting, Cleaning Machine, Wafer Edge Grinding Machine, Polish Grinders, and others.

By Dimension : 2D, 5D, 3D, and others.

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

Global Semiconductor Production Equipment Market – Regional Analysis

North America dominates the global semiconductor production equipment market. The market growth attributes to the due to the presence of notable industry players producing the chips and technological advances required to manufacture semiconductor products. Besides, the proliferation of semiconductor production equipment in the region drives the growth of the market.

Moreover, the rising usages of photovoltaic, optoelectronic, and wireless communication devices boost the demand in the semiconductor manufacturing equipment market. The North American semiconductor production equipment market is projected to retain its dominance throughout the estimated period.

Europe is another lucrative market for semiconductor production equipment. The market growth is driven by the spurring growth in the solar cells, automotive, electronics, and aerospace & defense sectors. Additionally, the need for a safe, reliable, and clean energy source in various countries influences the regional market's growth, driving the solar cell industry. Germany and the UK are well-established semiconductor production equipment markets in the region. The European semiconductor production equipment market is expected to witness rapid growth in the upcoming period.

The semiconductor production equipment market in the Asia Pacific demonstrates steady growth. Factors such as the rising numbers of smartphone users and the increasing demand for technological advances in gadgets such as computers, laptops, and smartphones foster regional market growth. Besides, the proliferating electronics sector in the region creates substantial market demand. Moreover, rising government support and funding by industry players promote the usages of semiconductor production equipment.

China, Japan, South Korea, and India have emerged as key markets for semiconductor production equipment in the region, growing at an impressive CAGR. Companies in the APAC take an interest in producing semiconductor production equipment to meet the changing customer demand. Cumulatively, these factors drive the growth of the regional market. The APAC semiconductor production equipment market is expected to demonstrate moderate growth during the forecast period.

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Industry/ Innovation/Related News

August 05, 2020 ---- Lam Research Corporation (the US), a leading semiconductor product company, announced signing a strategic agreement with a US-based metal additive manufacturing (AM) solution provider - VELO3D Inc. (the US) to use metal AM applications for the production of semiconductor capital equipment.

The joint development agreement includes collaboration on novel materials and designs in metal additive manufacturing (AM)/3D printing applications for the semiconductor sector. LAM also plans to increase the volume of parts produced by AM over the next five years.

Lam Research engages in the design, manufacture, marketing, and service of semiconductor processing equipment used to fabricate integrated circuits. It leverages additive manufacturing as a driver of the innovation that enables its customers to build faster, robust, and more power-efficient electronic devices for everyday use.

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