Cellular Interception Market Worth Us$ 978.3 Mn By 2026 – Tmr

The completion in the global cellular interception market is eminently high owing to the presence of several prominent players, states an upcoming report by Transparency Market Research (TMR). The competition in the cellular interception market is expected to intensify further with increase in number of players. The players in the cellular interception market is relying of organic growth strategies in order to stay ahead in the market. Some of the prominent players operating in the global cellular interception market are ADS Group, Axiom Technologies Pvt. Ltd., HSS Development, NovoQuad, Inc., and Shoghi Communications Ltd.

The global cellular interception market is anticipated to rise at a healthy 5.8% CAGR during the forecast period that is from 2016 to 2027. Rising at this pace, the global cellular interception market is projected to surpass a revenue of US$978.3 mn by the end of 2027.

On the basis of geography, North America is expected to dominate the cellular interception market during the forecast period. This is mainly due to the stringent law enforcement by law makers and military in the region. Based on components, segmented is anticipated to register a highest growth rate by the end of forecast period.

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Unprecedented Rise in Urbanization to Boost Market Growth

The global cellular interception market is expected to rise at a significant pace in the coming few years. This is mainly due to the substantial rise in criminal activities across the globe.  Along with this, rapid growth in urbanization has given a push to the widespread deployment of telecommunication systems. This is expected to increase the demand for cellular interception, thus playing in pivotal role in massive expansion of the global market.

Rise in cyber-crimes and other criminal activities across the globe is   increasing the demand for cellular interception.  That is one prominent reason behind the remarkable increase in the global cellular interception market in the upcoming years.

In addition to this, ability of cellular interception device to record the communication and show the exact location of the communication devices is another factor anticipated to fuel the global cellular interception market.

Stringent Law Enforcement to Restrict Criminal Activities to Boost Market’s Prospects  

In the last few year, there have been a significant increase in the demand for satellite communication owing to several benefits offered by satellite based communication. Cellular interception is primarily based in the satellite communication. This is a prominent factor expected to drive the global cellular interception market in the upcoming years.

Along with this, the local law makers and federal law enforcing agencies are widely adopting cellular interception device in order to combat with local crimes and several organized crimes.  Further, strict regulation on the telecom service providers by international provider in order to establish lawful service between user and network provider. This is forcing telecom service provider to turn towards simpler and easier mode of communication.  Thus expected to fuel growth in the cellular interception market in the coming few years.

Despite several drivers, growth in the cellular interception market is likely to hamper due to development of communication technologies.  Nevertheless, surge in adoption of technologies such as 4G and LTE is a prominent factor expected to boost the global cellular interception market in the coming few years.

The information is taken from report titled, “Cellular Interception Market (Technology – CDMA, GSM, 3G/4G/LTE, Satellite, Hybrid; Component – Hardware, Software; System Type – Strategic Interception System, Tactical Interception System; Application – Public Sector, Private Sector) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026.”

3D Reconstruction Technology Market Worth Us$ 1,432.6 Mn By 2027 – Tmr

According to a new market report published by Transparency Market Research,the global 3D reconstruction technology market was valued at US$ 778.4 Mn in 2017 and is expected to expand at a CAGR of 6.7% from 2019 to 2027, reaching US$1,432.6 Mn by the end of the forecast period. According to the report, Europe was the largest contributor in terms of revenue to the 3D reconstruction technology market in 2017.

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Rising government initiative for preservation of cultural heritage driving the global 3D reconstruction technology market

The driving factor for the 3D reconstruction technology market is rising focus of governments on preservation of cultural heritage. Cultural heritage is the keystone of history. Cultural heritage is important for the creation of a common identity as well as for social and economic development. Digital technologies and the internet bring unique opportunities to access cultural material for leisure, study, or work, reaching out to broader audiences, engaging in new user experiences and reusing it to develop learning and educational content, documentaries, tourism applications, games, and other innovative applications. To achieve this, governments have taken initiatives to reconstruct images or videos in 3D models. For instance, in December 2012, the online platform Europeana announced plans to convert one million historical images into digital form. In May 2017, Europeana.eu, a digital platform for cultural heritage based in Netherlands presented Europeana Photography, an online collection bringing together and sharing a vast archive of historical images. Europeana Photography has presented images from the first 100 years of photography, sourced from photographic archives, agencies, and museum collections across Europe.

3D Reconstruction Technology Market: Scope of the Report

The global market for 3D reconstruction technology is segmented on the basis of type, construction type, application, industry, and region. The market is categorized based on type into 3D reconstruction software; based on images and video; and based on 3D scanning. In terms of construction type, the market can be classified into active and passive. The passive reconstruction type is estimated to account for the highest market share in 2019. However, active construction type is expected to expand at the high CAGR as it offers accurate and real time data type. The market can be divided based on application into civil engineering, product design & development, public safety & forensics, medical, gaming & entertainment, mapping & surveying, and archeology & documentation. In terms of industry, the market is segmented into industrial manufacturing, healthcare, media & entertainment, agriculture, government & public safety, oil & gas, marine, infrastructure & construction, energy, museum & heritage, and aerospace. Industrial manufacturing is further categorized into robot manufacturing, heavy equipment, and automotive. Infrastructure & construction is categorized into bridges, dams, and tunnels.The industrial manufacturing industry is expected to gain significant impact over the forecast period. In manufacturing industry, 3D reconstruction is used for product development and design, vehicle crush measurement etc.

Coherent Optical Equipment Market Key Players, Trends, Size, Share | Forecast 2018 – 2026

According to a new market report titled Coherent Optical Equipment Market -Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026, published by Transparency Market Research the global coherent optical equipment market is expected to reach US$ 34,599.0 Mn by 2026, expanding at a CAGR of 9.1% from 2018 to 2026. According to the report, the global market is expected to continue to be influenced by a range of macroeconomic and industry-specific factors. North America is anticipated to continue to be at the forefront of global demand, with the market in the region expanding at a CAGR of 8.0% during the forecast period. Technical advancements, increased digitization, high internet penetration, and presence of a large number of optical equipment providers are anticipated to drive the coherent optical equipment market in North America. 

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Rising Significance of High Speed Bandwidth and Technological Advancement across the World Driving the Global Coherent Optical Equipment Market

Increasing adoption of new IT solutions with modern consumer trends in different organizations, and IT modernization is expected to boost the coherent optical equipment market in the coming years. Moreover, growing internet penetration is expected to fuel the growth of the market in the near future.

Both North America and Europe are mature regions of the market, due to high awareness about coherent optical equipment among users and technological developments. However, the market in Asia Pacific is expected to expand at a robust pace during the forecast period. Rise in penetration of technology as well as significant investments in the optimal utilization of IT solutions across countries such as the U.S., U.K., Germany, France, China, India, and Brazil are anticipated to offer lucrative opportunities for coherent optical equipment providers in the near future.

Coherent Optical Equipment Market: Scope of the Report

Based on technology, the global coherent optical equipment market has been segmented into 100G, 200G, 400G+, and 400G ZR. The 100G segment held significant market share, followed by 200G and 400G+ technology segments in 2017. However, 400G+ segment is projected to witness significant growth in the coming years and is expected to hold prominent share of the market by the end of the forecast period. 200G and 400G+ technology are expected to see strong growth over the forecast period. The report includes analysis of the coherent optical equipment market by region, segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

On the basis of equipment, the global coherent optical equipment market has been segmented into WDM (Wavelength-Division Multiplexer), modules/chips, test & measurement equipment, optical amplifiers, optical switches, and others. Others equipment segment includes optical fiber, optical splitters, fiber optic circulators, optical transceivers etc. WDM segment accounted for major market share in 2017 and is expected to retain its position over the forecast period. WDM segment is likely tobe driven by the demand for 100G+ coherent wavelengths. It is a highly popular equipment that aides in multiplexing of many optical fiber carrier signals into a single fiber optic cable by using different wavelengths of light. The biggest advantage of WDM is that it can carry multiple wavelengths in a single fiber cable. However, the optical switches segment is expected to expand significantly over the forecast period. Moreover, test & measurement equipment segment is projected to gain market share in the coming years as it helps to push the boundaries of high speed optical communication with a range of innovative, easy-to-use modular and customized solutions.

Construction Robots Market To Reach Us$ 470.61 Mn By 2026 – Tmr

According to a new market research report on the construction robots market, published by Transparency Market Research the global construction robots market is expected to reach value of US$ 470.61 Mn by 2026, expanding at a CAGR of 10.4% from 2018 to 2026. Asia Pacific is likely to continue to lead the global market, with the market in the region expanding at a CAGR of 12.4% between 2018 and 2026.

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Construction companies welcoming their new robot workers are driving the global construction robots market

Earlier, the construction industry was one of the most unfamiliar R&D fields for the robotics & automation community, despite the fact that the industry is one of the oldest and the largest economic sectors. However, in recent years, the construction industry has become one of the most important research areas in the field of service robotics. The key difficulty with robotics & automation in construction (RAC) is related to nature of the work environment, which is highly unstructured. Automation is changing the face of nearly every industry across the world, whereas the construction industry may pave the way for robots. In the construction industry, robots can carry out 80% of the work, which is more repetitive, more dangerous, and more monotonous.

Global Construction Robots Market: Scope of Report

The global construction robots market has been broadly segmented in terms of automation, function, application, and geography. In terms of automation, the market has been classified into fully autonomous robots and semi-autonomous robots. Among these, the semi-autonomous robots segment accounted for a major market share of around 74% in 2017. The segment is expected to expand at a significant CAGR of 11.0% during the forecast period. The need for broader and more efficient infrastructure and improved monitoring of infrastructure for predictive and corrective maintenance are factors driving the segment. Based on function, the construction robots market has been divided into 3D-printing robots, demolition robots, bricklaying robot, and others. The combination of 3D-printing and industrial robots is some of the most promising automation technologies in the construction industry. In terms of application, the construction robots market has been classified into commercial buildings, residential buildings, public infrastructure, and others. In 2017, the public infrastructure segment accounted for a prominent market share. The segment is estimated to expand at a significant CAGR of 10.9% during the forecast period.

Based on region, the global construction robots market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific dominated the global market in 2017. The region has abundant natural reserves distributed across various countries. Mining and construction are among the top industries in Australia, China, India, Malaysia, and Vietnam. With growing urbanization and wide availability of natural resources in the region, mining and construction companies have started using automated equipment, operating software, and communication systems to connect and operate on site. Europe held a major share of the global construction robots market in 2017. This can be attributed to extensive facilities of various companies for the development and production of construction and demolition robots, and increasing need for residential and non-residential construction projects in the region.

On-Board Connectivity Market To Reach US$ 43.20 BN bY 2026 – TMR

According to a new market report published by Transparency Market Research, the global on-board connectivity market was valued at US$ 12.32 Bn in 2016 and is anticipated to rise at a compound annual growth rate of 13.8% from 2018 to 2026, attaining US$ 43.20 Bn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the on-board connectivity market in 2016. This is primarily due to strong technological advancement and considerable application of on-board connectivity solutions for monitoring and communication.

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Rising IT spending in the aviation industry and rapid adoption of commercial transportation services driving the global on-board connectivity market

Rising IT spending in the aviation industry and rapid adoption of commercial transportation services are the major factors expected to fuel the growth of the on-board connectivity market across the globe. Continuously growing IT spending in the aviation sector is identified as a key factor bolstering the cyber security market worldwide. Rise in IT spending in aviation will lower operating expenditure, and modern technologies such as wireless connectivity, Internet of Things (IoT), automated solutions, and check-in kiosks can be installed. Apart from this, the growth of the on-board connectivity market is mainly driven by the increasing use of portable electronic devices. The growth of portable electronic devices is increasing due to the rising disposable income. The increasing use of portable devices increases the demand for connectivity everywhere, which is responsible for enhancing the demand for on-board connectivity in railways, airlines, and ships.

The growing number of air passengers worldwide is acting as a major catalyst for rising investment in the airline industry. This in turn is driving the adoption of on-board broadband connectivity. Companies are investing huge amounts to install connectivity solutions. Moreover, governments are also relaxing the allocation of spectrum for the provisioning of broadband connectivity.

On-board Connectivity Market: Scope of the Report

The global market for on-board connectivity is segmented on the basis of transportation, application, and geographic regions. Based on transportation, the market has been segmented into aviation, maritime, and railways. In 2017, the aviation segment accounted for the largest market share in terms of revenue of the global on-board connectivity market. This is due to the increasing number of air passengers in every region and increasing air journey hours which tend to increase the demand for on-board broadband connectivity.

Based on application, the global on-board connectivity market has been segmented into entertainment, monitoring, and communication. In 2017, the entertainment segment accounted for the largest share of the market, while the communication segment is estimated to expand at a substantial rate over the forecast period.

Based on geography, the global on-board connectivity market is segregated into North America, Asia Pacific, Europe, South America, and Middle East & Africa. Among these regions, the market for on-board connectivity in North America is expected to hold a governing position throughout the forecast period. However, Asia Pacific and Europe are expected to contribute prominent market share during the forecast period. Furthermore, the on-board connectivity market in Middle East & Africa is anticipated to expand at a significant growth rate during the forecast period.

Global On-board Connectivity Market: Competitive Dynamics

On-board connectivity solution providers are expanding their product portfolio through mergers and acquisitions, which provide them a larger customer base with enhanced and advanced connectivity solutions. Companies are also focusing on winning long-term contracts and providing different technologies to their customers. The global on-board connectivity market includes different players such as Alcatel-Lucent S.A, AT&T Inc., Bombardier Aerospace, Honeywell International Inc., Huawei Technologies Co., Ltd, Panasonic Corporation, Qualcomm Inc., Rockwell Collins, and ZTE Corporation.

Offshore Structural Analysis Software Market Worth US$ 818.1 MN bY 2026 – TMR

According to a new market report published by Transparency Market Research, the global offshore structural analysis software market is projected to reach US$ 818.1 Mn by 2026. The market is expected to expand at a CAGR of 6.3% during the forecast period from 2018 to 2026. Furthermore, software is expected to account for highest market share in the year 2018 due to rising demand for cloud based engineering software that provides greater ease, storage, and security. Asia Pacific is anticipated to lead the global offshore structural analysis software market during the forecast period, followed by North America, Europe, Middle East & Africa, and South America.

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Digital Engineering and 3D Technology

Today many industries face a unique set of challenges in an increasingly competitive marketplace. 3D designing plays a crucial role in various sectors. 3D technology can help with the toughest engineering problems. 3D software helps to build innovative designs and drives business. 3D design technology enables the rapid transformation of new ideas into great products. 3D experience platforms for offshore help enhance how offshore structures are designed and built. 3D modular design enables companies of any size to design the exact type of system that meets their workload and workflow requirements. For instance, Intergraph, an American software development and services company offers a full suite of solutions of all the capabilities required to build and design different types of marine assets. The company’s 3D offshore software boosts production flexibility and reduces the time taken to design and construct world-class facilities.

Global Offshore Structural Analysis Software Market: Scope of the Report

The global offshore structural analysis software market has been segmented based on component, end-use industry, and geography. Based on component, the market is segmented into software and services.

Asia Pacific led the global offshore structural analysis software market, accounting for substantial share in 2017.China is the major market for offshore structural analysis software in the region. Offshore structural analysis software is also gaining popularity in other Asian countries such as Indonesia and South Korea.The market in North America, Europe, Middle East & Africa, and South America is expected to expand at a rapid pace during the forecast period.

Global Offshore Structural Analysis Software Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global offshore structural analysis software market. Key players profiled in the report include DNV GL AS, John Wood Group PLC, Ramboll Group A/S, Stewart Technology Associates, Viking Systems, Inc., Zebec Marine Consultant and Services, Dlubal Software GmbH, Baker Engineering and Risk Consultants, Inc.

Medium-Voltage Switchgear Market To Reach Value Of US$ 8,395.0 MN bY 2026

According to a new market research report on the medium-voltage switchgear market, published by Transparency Market Research, the global medium-voltage switchgear market is expected to reach value of US$ 8,395.0 Mn by 2026, expanding at a CAGR of 6.2% from 2018 to 2026. Asia Pacific is likely to continue to lead the global market, with the market in the region expanding at a CAGR of 6.8% between 2018 and 2026.

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Grid modernization to reform electricity transmission and distribution networks is driving the global medium-voltage switchgear market

From traditional electricity grids to smart grids, from power grids based on fossil fuels (such as coal and petroleum) to grids integrating renewable energy sources (such as solar and wind power), grid systems play a key role in the electricity sector. Resources such as coal and petroleum are not unlimited or renewable. The faster they are used, the quicker they would be depleted. Energy-saving methods can be attained through advancements in technology and development of new forms of power grids, while improving the production of renewable energy and reducing the emissions of greenhouse gases. Thus, increasing government initiatives for renewal of existing transmission and distribution networks along with grid modernization are expected to propel the demand for medium-voltage switchgear during the forecast period.

Medium-voltage Switchgear Market: Scope of Report

The global medium-voltage switchgear market has been broadly segmented in terms of voltage, insulation, end-use industry, and geography. In terms of voltage, the market has been classified into 3kV – 5kV, 6kV – 15kV, 17kV – 27kV, and 28kV – 40kV. Among these, the 6kV – 15kV segment accounted for a major market share around 30% in 2017. The segment is expected to expand at a significant CAGR of 6.4% during the forecast period. Based on insulation, the medium-voltage switchgear market has been divided into air-insulated switchgears, gas-insulated switchgears, and others. The air-insulated switchgears segment held the leading share of the market in 2017. Air-insulated switchgears are extensively used in rural areas and favorable offsite terrains, where space, climatic conditions, seismic occurrences, and environment-related concerns is not an issue. In terms of end-use industry, the market has been classified into power plants, commercial sector, oil, gas and petrochemical, utility sector, paper & pulp industry, and others. In 2017, the utility sector segment accounted for a prominent market share. The segment is estimated to expand at a significant CAGR of 5.7% during the forecast period.

Based on region, the global medium-voltage switchgear market can be segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific dominated the global medium-voltage switchgear market in 2017, with China holding a major share of the market in the region. Demand for switchgears in China is primarily driven by increasing investments in electricity transmission and distribution networks across the country, renewal of faulty and aging electricity transmission and distribution networks, and rapid electrification in rural areas of the country. The U.S. dominates the market in North America, owing to increasing usage of medium-voltage switchgears in various electrification projects in commercial and residential sectors across the country. Europe is also expected to contribute significantly to the global medium-voltage switchgear market in the next few years. The medium-voltage switchgear market in Europe is expected to expand at a CAGR of 6.3% during the forecast period.

Global Medium-voltage Switchgear Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global medium-voltage switchgear market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players operating in the global medium-voltage switchgear market are ABB Ltd, Chint Group Eaton Corporation Plc., General Electric Hyosung Corp, Mitsubishi Electric Corporation, Powell Industries, Inc., Romac, Inc., Schneider Electric SE, and Siemens AG. Companies are focusing on expanding their business through strategic acquisitions and partnerships.

Contact Lenses Market is to Reach US$ 11.59 Bn by 2027 | CAGR of 5.0%

According to a new market report published by Transparency Market Research titled “Contact lenses Market (Product Type – Soft Lenses (Daily Wear, Extended Wear), Gas Permeable; Design Type – Spherical, Toric, Multifocal, Others; Wear Type – Disposable, Reusable; Distribution Channel – Online (E-commerce Portal, Company Owned Portal), Offline (Exclusive Stores, Multibrand Stores))– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027,” the global contact lenses market was valued at US$ 7.31 Bn in 2017 and is expected to reach US$ 10.75 Bn in terms of revenue by 2027, expanding at a CAGR of 4.3% from 2019 to 2027. In terms of volume, the market stood at around 127,920 Thousand Units in 2017. Asia Pacific is projected to show the fastest growth rate during the forecast period due to the increase in aging population and rising prevalence of myopia.

The increasing demand for contact lenses in the cities of North America is helping to boost the contact lenses market in the region. Factors such as increasing aging population and myopia among early teens are contributing to the growth of the contact lenses market.

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By product type, soft contact lenses have the highest growth opportunities as they are cost effective and comfortable after use. Gas permeable contact lenses are recommended for consumers facing dry eye problems as they have more amount of oxygen.

By design type, the toric and multifocal contact lenses segments are expected to rise with new technology, enabling consumers to provide corrections for one or more vision defects.

By wear type, reusable segment constitutesthe major share in the global contact lenses market. However, demand for disposable contact lenses is increasing to avoid cleaning after each removal.

By distribution channel, the online segment is expected to expand atthe highest CAGR during the forecast period as compared to theoffline segment.

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Geographically, in terms of revenue, North America held the largest share in the contact lenses market in 2017. After North America, Europe has the largest share. The Asia Pacific region is estimated to witness the fastest growth during the forecast period, dominated by China, India, and Japan. South America is expected to show slow growth as compared to the other regions of the world.

The contact lenses market consists of a large number of dominant players. Industry players focus on advance techniques to increase the quality and comfort level of the contact lens user. Bausch & Lomb Incorporated, Alcon (Division of Novartis AG), Johnson & Johnson Vision Care, Inc., CooperVision, Inc., ZEISS International, SEED Co. Ltd, Hoya Vision Care Company, Essilor, Menicon Co. Ltd, and BenQ Materials Corporation are the key companies profiled in the research report. The report also offers competitive landscape of the key players in the contact lenses market.

Smoking Cessation and Nicotine De-Addiction Market to Reach US$ 13,657.6 Mn by 2026

According to a new market report published by Transparency Market Research titled ‘Smoking Cessation and Nicotine De-Addiction Market [(Products (with Nicotine) –  (OTC Products and Prescription Products); (OTC Products – E-cigarettes, Nicotine Gums (NRT), Nicotine Patches (NRT), Nicotine Lozenges (NRT) and Nicotine Tablets (NRT)); (Prescription Products – Nicotine Sprays (NRT) and Nicotine Inhalers (NRT))]; [Products (without Nicotine) – (Prescription Products –  Zyban and  Chantix)] – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026, the global smoking cessation and nicotine de-addiction market is expected to reach US$ 13,657.6 Mn by 2026, expanding at a CAGR of 4.5% from 2018 to 2026. The market is segmented by regions into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.

The North America smoking cessation and nicotine de-addiction market is the largest in the world. In North America, nicotine containing smoking cessation products hold a major market share. In North America, OTC smoking cessation and nicotine de-addiction products hold a significant share of the market compared to nicotine containing prescription smoking cessation products. E-cigarette is the most dominant type of nicotine containing OTC smoking cessation product in North America. The U.S. is the largest smoking cessation and nicotine de-addiction market in North America and the world. Canada is the second largest smoking cessation market in North America. The smoking cessation and nicotine de-addiction market in Europe is the second largest in the world.

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In the Europe smoking cessation and nicotine de-addiction market, nicotine containing OTC products hold a prominent share compared to nicotine containing prescription products. Nicotine containing OTC products such as e-cigarettes, nicotine gum, nicotine transdermal patches, nicotine lozenges, and nicotine tablets are most popular among European consumers. The number of e-cigarette consumers is increasing in major European countries. EU e-cigarette regulations apply to EU countries and are not applicable in the U.K. after Brexit. The U.K. is the second largest smoking cessation and nicotine de-addiction market in the world after the U.S. and the largest market in Europe. France and Germany are the second and third largest smoking cessation markets in Europe.

The Asia Pacific smoking cessation and nicotine de-addiction market is the third largest market in the world. In the Asia Pacific smoking cessation and nicotine de-addiction market, nicotine containing OTC products hold a dominant share compared to nicotine containing prescription products. Nicotine containing OTC products such as e-cigarettes, nicotine gum, nicotine transdermal patches, nicotine lozenges, and nicotine tablets are increasing their penetration in the Asia Pacific region. China is the largest smoking cessation and nicotine de-addiction market in Asia Pacific. Japan and India are the second and third largest smoking cessation markets in the region.

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In MEA, it is estimated that 180 million men are expected to be smokers by 2025 which is 2X the number of smokers in the region in the year 2000. In 2002, the tobacco market in MEA was worth US$ 15.3 billion which increased to US$ 28.7 billion in 2009 and is expected to reach US$ 50.0 billion in 2020. As tobacco consumption is increasing in MEA, ill effects of tobacco are bound to increase, which is expected to drive the demand for smoking cessation and nicotine de-addiction products in the region.

The South America smoking cessation and nicotine de-addiction market is the smallest in the world. Brazil is the largest smoking cessation and nicotine de-addiction market in South America.

Tennis Ball Machines Market to Reach US$ 33.6 Mn by 2027

According to a new market report published by Transparency Market Research titled “Tennis Ball Machines Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2027,” the global tennis ball machines market was valued at US$ 26.0 Mn in 2017 and is expected to reach US$ 33.6 Mn in terms of revenue by 2027, expanding at a CAGR of 2.9% from 2019 to 2027. The Asia Pacific market is projected to show the fastest growth rate during the forecast period due to the increase in number of tennis players and product innovation among manufacturers.

The usage of tennis ball machines has increased across the world. Tennis was perceived as a game for rich people and this trend has been changing over a period of time. Many kids have started to play tennis from an early age, encouraging them to eventually play the game professionally. After the Beijing and Rio Olympics, China is investing in the development of sports and tennis players. Tennis machines used to be costly and afforded only by a few people or by sports clubs and federations. These machines earlier were heavy to carry. Portable machines are now available in the market due to various innovations and developments in tennis ball machines. These machines are comparatively less costly than traditional machines which were heavy and non-movable.

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By type, light weight tennis ball machines have the highest growth opportunity as these machines are more user friendly compared to the heavy weight ones. They are easy to handle and carry and makes it a perfect consumer choice. Moreover, light weight machines are a perfect fit for young and amateur tennis players to start from scratch.

By ball capacity, tennis ball machines having capacity of less than 150 accounted for major market share of 35% in 2017. One of the increasing trends in the lawn tennis industry is proliferation of young tennis players. With the entryof inexperienced and amateur players in the industry, tennis balls with low ball capacity proves to be a perfect fit for young tennis players.

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By speed, tennis ball machines having speed of 20 mph to 80 mph acquired greater market share of approximately 50% in 2017 and is further anticipated to rise at a CAGR of 3.1% during the forecast period.

By power, battery operated tennis ball machines are more convenient due toadvantages such as low maintenance, portability, as well as affordability compared to electric powered tennis ball machines.

Mobile Point-of-Sale (mPOS) Terminals Market – ‘Digital Economy’ to Boost uptake

A recent Transparency Market Research report states that the global mobile point-of-sale terminals market is anticipated to witness a skyrocketed growth from 2017 to 2027. The analysis by the experts at Transparency Market Research predicts that the market shall rise from the value of US$ 12 bn in 2016 to US$ 152 bn by the end of 2027. The mobile point-of-sale terminals market is also projected to witness a whopping 37% CAGR during the tenure says the report. The analysis by the experts states that the market’s growth is attributed the growth of the online shopping massive penetrations of smart phones in online retail sector.

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Growing Penetration of Internet to Drive the Growth

Online shopping is one of the latest trend that is driving the success of any retail business today. To achieve this pacing momentum, the retail businesses are investing a major amount in establishing a consistent internet connectivity. This shows the importance of the internet in this sector the business. This importance and penetration of the internet in the online retail is the major factor that is booting the growth of global mobile point-of-sale terminals market from 2017 to 2027.

Demand for Customer Satisfaction to Propel the Growth

The success of a business is measure by revenue generated along with the number of satisfied customer. A satisfied customer can generate 3 time more revenue for the business than through an unsatisfied customer. Mobile Point-of-Sale Terminals allow the customers to get their products quickly and effortlessly. This increases the customer engagement which further result in better shopping experience. This experience provides better customer satisfaction and retention rate which results in better profit. Due to these facts the global mobile point-of-sale terminals market is growing exponentially in the duration of 2017 to 2027.

Foot Traffic and Customer Location Intelligence Solution Market to Reach a value of ~US$ 9 Bn by the Year 2027

Global Foot Traffic and Customer Location Intelligence Solution Market: Overview

According to a new market report pertaining to the global foot traffic and customer location intelligence solution market published by Transparency Market Research , the global foot traffic and customer location intelligence solution market is projected to reach a value of ~US$ 9 Bn by the year 2027. The foot traffic and customer location intelligence solution market is projected to expand at a CAGR of ~6% from 2019 to 2027. Growth of the market can be attributed to increased focus on consumer behavior to boost the revenue of a business enterprise. Over the forecast period, the market in South America is anticipated to increase rapidly in the global foot traffic and customer location intelligence solution market, at a CAGR of ~7%. In terms of share, the market is dominated by North America, followed by Europe. In the global foot traffic and customer location intelligence solution market, the hardware segment was valued at ~US$ 1.8 Bn in 2017, and is expected to reach a value of ~US$ 3.1 Bn by the end of 2027, expanding at a CAGR of ~6.2% during the forecast period.

• Rising Adoption of Data Analytics in Retail Industry – The adoption rate of data analytics related to consumer buying behavior and area of interest has increased rapidly in the retail industry. Across the globe, retailers with large & medium size enterprises are adopting foot traffic and customer location intelligence solutions, as the footfall in retail stores is much higher than any other business space. Retailers are able to easily manage/transform their stores as per the needs of customers by analyzing their behavioral information.
• Increased Focus on Customer Behavior and Customer Preference – Across the globe, significant focus is given to consumer behavior and preference. The trend has shifted from a seller-oriented to a customer oriented market, with enhanced focus on the customization and personalization of products according to the needs of customers. The demand for foot traffic and customer location intelligence has increased rapidly with advancements in technologies related to big data analytics and consumer behavior analytics.

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Foot Traffic and Customer Location Intelligence Solution Market: Regional Outlook

In terms of region, the global foot traffic and customer location intelligence solution market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the foot traffic and customer location intelligence solution market during the forecast period. South America is expected to see increasing growth in the foot traffic and customer location intelligence solution market. The markets in Asia Pacific, and the Middle East & Africa are also expected to expand rapidly during the forecast period.

The report provides in-depth segment analysis of the global foot traffic and customer location intelligence solution market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries that hold growth opportunities or account for significant shares has also been included as part of the geographic analysis of the foot traffic and customer location intelligence solution market.

Foot Traffic and Customer Location Intelligence Solution Market: Competition Dynamics

The research study includes the profiles of leading companies operating in the global foot traffic and customer location intelligence solution market. Key players profiled in the report include Environmental Systems Research Institute (ESRI) Inc., HERE Technologies, Cuebiq Inc., AreaMetrics, Inc., Verve Wireless, Inc., PlaceIQ, Placed, Gravy Analytics, Ubimo Ltd., and Near Pte Ltd.

Global Distribution System Market Sales Industry Analysis Forecast 2027

As per the latest report by Transparency Market Research, the global distribution system market is expected to reach an overall valuation worth US$14.5 bn by the fall of 2027. To achieve this market valuation, the global distribution system market will exhibit a CAGR of 5.5% during the course of the given forecast period of 2019 to 2027. In recent years, the global distribution systems have been acting as a bridge between the tour operators and travelers with the help of centralized servers. These global distribution systems help in cover the bookings of car rentals, hotel rooms, and airline tickets among other services. Thus, such factors have been working as key driving factors for the growth of the global distribution systems market.

Increasing Preference Towards Service-based System is Key for Market Growth

Travel agents generally prefer a software-driven global distribution system instead of a service-based system. One of the biggest reason for this preference is the ‘anytime anywhere’ access provide by the platform. With the advent of the cloud-based distribution systems, it is expected that the high expense of physical hardware will slowly decrease. This is also expected to further scale up the popularity of the software to develop more efficient global distribution systems. This is also expected to further fuel the growth of the global market.

There are however some factors that are slowing down the growth of the global distribution system market. One of the key restraining factor for market growth has been the increasing hassle with respect to constant upgrades for systems software. Nonetheless, this hassle is expected to act as a blessing under disguise with more and more leading players likely to prefer outsourcing these distribution system upgrades. This is expected to create huge business opportunities for other companies operating in the global distribution system market.

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Market Leaders Concentrating on Developing Efficient User Experience

The competitive landscape of the global distribution system market is a consolidated one with the presence of a few notable brands. The leading players in the market keep a close eye on the consumer sentiment in order to stay more competitive in the global market. Since, most of the customers today, have become tech savvy and compare the choice before making the final purchase, these leading players in the market are enhancing the ways they provide services to the end-users. Majority of the players are now upgrading their services, removing the tedious and basic flaws in the booking process, and introducing search criteria for guiding the users towards their desired products.

The demand for travel agents for getting the desired reservations for leisure travels or for a business trip has been on the rise. This has been working in favor of driving the growth of the global distribution system market. Since the technology is key for the developing more efficient global distribution platforms, leading travel agencies are now entering into agreements and joint ventures with the established tech companies with an objective to provide a smooth and an end to end user experience.

In addition to this, these companies are also exploring the opportunities of cross selling or up-selling in the market. These opportunities serve as an important medium to bring in more revenue. Along with this, these leading companies in the market are taking considerable efforts to simplify the existing complicated environment of the global distribution system market.

Some of the notable brands in the global distribution system market include names such as Sabre Corporation, Travelport Worldwide Ltd., and Amadeus IT Group among others.

This review is based on the research report published by Transparency Market Research titled, “Global Distribution System Market (Component: Software (On-premise and Cloud-based) and Services (Managed/Outsourced and Others {Consulting, Implementation, Training, and Maintenance}); Application: Aviation, Cruises, Hotels and Resorts, Car Rental, and Others (Travel Agencies and Travel Suppliers)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027”

Body Area Network Market to Cross US$ 75,000 Mn by 2027 – TMR

Global Body Area Network Market: Overview

According to a new research report pertaining to the body area network market, published by Transparency Market Research , the global body area network market is expected to reach a value of more than 75,000 Mn by 2027, expanding at a CAGR of nearly 23% from 2019 to 2027. According to the report, the global body area network market would continue to be influenced by a range of macroeconomic and body area network market-specific factors during the forecast period.  

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Growing Adoption of Remote Health Monitoring Systems and Rising Elderly Population Driving the Global Body Area Network Market

• Increasing elderly population across the globe and rising expenses on healthcare are prompting improvements in existing healthcare applications by the introduction of new technologies. This, in turn, is anticipated to drive the demand in the global body area network market in the coming years.
• Providers of healthcare systems and services across the world are working to promote healthy ageing in order to prevent and treat non-communicable diseases and chronic conditions, and expand access to high-quality, long-term, and palliative care.
• With the help of body area network technologies, healthcare service providers can monitor objects remotely. Recent advancements in microelectronics, telecommunications, data analysis techniques, and sensor manufacturing have opened new avenues for using wearable technology in digital health ecosystems, to achieve a wide range of positive health outcomes. Additionally, with the advent of cloud computing, several wearable sensor systems can now be easily upgraded without the need for users to install a software in their monitoring devices. The rising popularity of wearable healthcare monitoring devices and growing awareness about healthcare monitoring from a remote location are anticipated to boost the global body area network market during the forecast period. 

Healthcare Segment to Account for a Prominent Share of the Global Body Area Network Market

• The report offers detailed segmentation of the global body area network market in terms of technology (Bluetooth, Wi-Fi, ZigBee, and others), device (wearable devices and implantable devices), and end-use industry (healthcare, sports, and others). The global body area network market has also been segmented based on region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
• Among the end-use industries, the healthcare segment accounted for a leading share of the global body area network market in 2018. The segment is anticipated to maintain its leading position in the global body area network market during the forecast period as well.
• The rising demand for remote health monitoring is adding to the potential consumer base for body area networks. This factor is expected to drive the body area network market during the forecast period. 

Pneumatic Cylinder Market Worth US$ 1,500 Mn by 2027 – TMR

Global Pneumatic Cylinder Market: Overview

According to a new research report published by Transparency Market Research , the global pneumatic cylinder market is projected to reach a value of nearly US$ 1,500 Mn by 2027, expanding at a CAGR of 4.4% from 2019 to 2027. The global market is expected to be influenced by a range of market-specific and macroeconomic factors during the forecast period. Demand for pneumatic cylinders is likely to be significant in Asia Pacific from 2019 to 2027. The market in the region is anticipated to expand at a CAGR of 5.0% during the forecast period.

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Rising adoption of industrial automation to drive the global pneumatic cylinder market

• The adoption of industrial automation has increased in recent years, owing to its advantages such as increased productivity, reduced direct human labor costs, delivery of high-quality products, and risen consistency of processes or products.
• Furthermore, deployment of pneumatic cylinders for various industrial automation applications is expected to increase in the near future, due to their low weight and compact size. Moreover, low-cost availability, minimum maintenance, and ability of pneumatic cylinders to work at extreme temperatures make them a popular choice for use in industrial automation applications.
• Pneumatic cylinders with sensors can collect information such as cylinder pressure, temperature, cycle speed, cycle counts, and travel, which is useful for real-time applications in control and monitoring of systems. Furthermore, this is anticipated to improve operations and increase productivity. Moreover, with the use of pneumatic predictive maintenance in automation, unplanned downtime can be reduced; plant availability can be increased; plant safety and equipment lifespan can be enhanced; and the number of accidents can be decreased. These advantages of pneumatic cylinders are, in turn, expected to augment the market during the forecast period.

Double-acting cylinder a highly lucrative segment of the global pneumatic cylinder market

• Double-acting pneumatic cylinder was the dominant segment of the global pneumatic cylinder market, holding more than 78% of the market share in 2018
• Double action pneumatic cylinders are more expensive than single action pneumatic cylinders, but double action cylinders are superior to single action cylinders by any other important measure. Double action cylinders are faster, stronger and use less energy to do the same job.
• In industrial application double acting pneumatic cylinders are used over single acting owing to the demand of higher speed and force.

Linear movement segment holds the leading market share

• The linear movement segment is anticipated to dominate the global pneumatic cylinder market throughout the forecast period
• Linear pneumatic cylinders are one of the most common types of pneumatic cylinder, and are found in everything and mostly used in motion control for industrial machinery. These are designed to move in two directions on a set path. They have a set distance that they can travel in either direction before they must stop. 

Asia Pacific to be a highly lucrative region for pneumatic cylinder

• Europe is expected to hold a significant share of the global pneumatic cylinder market during the forecast period, owing to presence of leading manufacturers in the region.
• Furthermore, the Asia Pacific market is expected to expand at a significant CAGR during the forecast period, owing to low costs of raw materials in the region. Asia Pacific is emerging as a manufacturing hub for sectors such as automotive and aerospace. Countries such as China, Japan, and Australia are expected to hold a significant share of the market for pneumatic cylinders in Asia Pacific during the forecast period.

Industrial Sheaves and Pulleys Market Trends, Competitive Landscape and Forecast by 2027

Industrial Sheaves and Pulleys Market Introduction

• Industrial sheaves and pulleys are devices equipped with belts which create a  mechanical linkage with cross-sections. The belts are made according to the types of pulleys.
• The belts are used to transfer power between axles in industrial machinery. Industrial sheaves and pulleys together offer high-speed power transmission, and the belts through which the power is transmitted are resistant to slipping and misalignment.

Industrial Sheaves and Pulleys Market Dynamics

• The growing need to increase productivity and reduce the overall cost of ownership is expected to trigger the growth of the industrial sheaves and pulleys market in the next few years.
• In the industrial sector, manufacturing industries are facing challenges in the process of taking adequate steps to improve productivity and energy efficiency, and reduce the total cost of ownership.
• Exposure to harsh weather conditions causes damage to operational efficiency and productivity of conveyor systems. The damages can increase the downtime, thereby increasing the overall operational cost. Conveyor systems run smoothly with periodic belt cleaning systems, pulley lagging systems, and belt guiding systems.
• Emergence of smart idlers is another key trend promoting the growth of the industrial sheaves and pulleys market. Smart idler is a type of industrial pulley that is extensively used for power transmission, equipment construction and packaging, and material handling.
• In the industrial sector, users are adopting significant number of idlers that are integrated into conveyor belts to ensure smooth operation of the conveyor belts.
• Idlers are integrated into conveyor systems to support the conveyor belts as well as load carried on the belts.
• However, slow growth in the manufacturing sector across the global economy is expected to hinder the adoption rate of industrial sheaves and pulleys.

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Industrial Sheaves and Pulleys Market: Segmentation Analysis

• Based on type, the industrial sheaves and pulleys market can be segmented into industrial sheaves and industrial pulleys.
• Based on application, the industrial sheaves and pulleys market can be categorized into material handling, industrial machinery, and agricultural equipment.
• Material handling application segment is a prominent user area of industrial sheaves and pulleys. This application segment accounted for major share of the industrial sheaves and pulleys market in 2018 and is expected to retain its leading position in the market over the forecast period.

Europe to Lead the Global Market for Industrial Sheaves and Pulleys

• In terms of region, the global industrial sheaves and pulleys market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• Europe is likely to dominate the global industrial sheaves and pulleys market from 2019 to 2027, followed by North America and Asia Pacific.
• Europe accounted a major share of the market in 2018 and is likely to maintain its dominance throughout the forecast period due to the proliferation of e-commerce which has augmented the demand for material handling equipment in the region. This is expected to drive the growth of the industrial sheaves and pulleys market in Europe in the upcoming years.
• Additionally, the market in Asia Pacific is anticipated to expand significantly in the near future. Growing adoption of industrial sheaves and pulleys across numerous manufacturing industries for power transmission, equipment construction, packaging, and material handling applications is one of the key factors driving the demand for industrial sheaves and pulleys, thereby encouraging the growth of the market in the coming years.

Key Manufacturers Operating in the Market

The global Industrial sheaves and pulleys market was highly fragmented in 2018, with the presence of many established market players who occupy prominent market share. These vendors focus on product development and innovations to meet the changing need of end-users, thus creating a competitive environment in the industrial sheaves and pulleys market. Key manufacturers operating in the global market are:

• AB SKF
• Arntz Optibelt Group
• Fenner
• Regal Beloit Corporation
• Timken Company
• U.S. Tsubaki

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