Global Embedded Systems Market Rises at 6.4% CAGR; Automotive Industry Powers Growth

The global embedded systems market is characterized by stiff competition owing to the presence of numerous players. They operate both at the regional and international levels. And they compete against one other to cater to rising demand in the market for the systems to be used in various applications. Going forward, more players are expected to enter the fray thereby further intensifying competition.

A noticeable trend in the global embedded systems market is the focus of players on diversifying their product portfolios leveraging latest technologies. They are also focused on making their products more affordable and expanding geographical outreach in order to surge ahead of their competitors. Some of the key players in the global embedded systems market are Freescale Semiconductor, Atmel Corporation, STMicroelectronics, Samsung Electronics Corporation, Texas Instruments, and Fujitsu.

A research study by Transparency Market Research states that the global embedded system market would rise at 6.4% CAGR between 2015 and 2021. At this pace, the market is expected to reach US$233.19 bn by 2021-end.

The automotive industry is currently the largest application segment in the global embedded systems market. Going forward too, the segment is projected to account for a substantial share in the market. This is because of the increasing adoption of small-sized electronic and electrical components in vehicles. Further, soaring uptake of a range of sensing devices and technologically advanced infotainment systems is also predicted to drive demand in the embedded systems market. With respect to geography, North America at present holds a dominant share in the global embedded systems market. This is because the region is the nerve center of various developments in the domain of electronics and electrical.

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Advancement in Electronics and Mechanical Sectors Driving Embedded System Market

The global embedded system market is receiving a major boost from the progress in electronics and mechanical sectors. And with the evolution of artificial intelligence, the market is set to receive further fillip. Organic growth in various end use sectors is also having positive impact on the market. Those include telecommunication, automotive, industrial, healthcare, aerospace and defense, and consumer electronics.

Lack of Skilled Workforce and High Production Cost Hampers Market

Acting as a hindrance to the global embedded system market, on the other hand, is the inadequate number of skilled workforce. The high cost of raw materials too is posing a challenge. In addition, manufacturing of embedded systems is expensive and this automatically drives up price of end products thus hampering sales.

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Despite such hiccups, the global embedded systems market is predicted to rise in the next couple years as nimble companies introduce electronics and automation-based solutions that cost less. The flourishing automotive segment is expected to be main demand driver. Adds the lead analyst of the TMR report, “At present, embedded systems in automobiles mostly comprise of navigation systems, airbag controllers, adaptive cruise control, satellite radio, drive by wire, heads up displays, adaptive cruise control, and advanced driver assistance systems (ADAS).”

Motor Vehicle Sensor Market to Demonstrate Progressive Growth Thanks to Accelerating Government Support

Transparency Market Research’s new research study, titled “Motor Vehicle Sensor Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018”, provides a 360-degree view of the market. According to the report, the global motor vehicle sensor market will expand at an admirable CAGR of 11.9% from 2012 to 2018. 

The market is anticipated to reach a total value of US$25.4 billion by the end of 2018.The global market for motor vehicle sensors is classified according to application into engine and drivetrain, emission control, safety and security, and others. Engine and drivetrain is the largest application of global motor vehicle sensors and held a 34% market share in 2012. On the other hand, the safety and security sector is forecast to be the fastest growing segment, with an expected CAGR of 12.9% during the forecast period.

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Product-wise, the global motor vehicle sensor market is segmented into process variable sensors, physical property sensors, chemical property sensors, proximity and positioning sensors, and others. Physical property sensors hold a majority of demand from the global market and will observe a 12.1% CAGR during the forecast period to exceed US$8 billion by 2018. Physical property sensors are employed to measure vital physical properties of the vehicle, such as speed, force, vibration, etc. Proximity and positioning sensors will emerge as the fastest growing application sector of the global motor vehicle sensors market with a progressive 12.6% CAGR from 2012 to 2018. The rapid growth of this sector is a result of an increased focus on motor vehicle safety from thefts and accidents.

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According to regions, the global motor vehicle sensor market is divided into Europe, North America, Asia Pacific, and Rest of the World (RoW). In 2012, Asia Pacific accounted for a market share of more than 40% in the global motor vehicle sensor market. Bosch, Valeo, Denso, Hitachi Automotives, and Continental AG are some of the leading manufacturers of motor vehicle sensors. Bosch held a significant part of the market with a 13% share in 2011, followed by Denso.The global motor vehicle sensor market is driven by the growing consumer demand for increasing safety and rising environmental concerns. Legal and regulatory compliances addressing the same also help fuel the growth of the global motor vehicle sensor market.

Global Outdoor LED Displays Market to Reach US$12.54 bn by 2020 with Increasing Sports Events

At present, the market for outdoor LED displays is enjoying a high level of competition among the major players in the market, states a study by Transparency Market Research. The existence of a large number of local and international players and the significant rise in the number of Chinese Manufacturers that are estimated to enter the market is projected to enhance the competitive landscape of the market in the near future. In addition, developments and innovations in this field and the increasing investments by the leading players for research activities are predicted to support the market growth throughout the forecast period. Some of the leading players engaged in the outdoor LED displays market worldwide are Lighthouse Technologies Ltd., Leyard Optoelectronic Co. Ltd., Panasonic Corporation, Electronics Display Inc., LG Electronics, Sony Corporation, Toshiba Corporation, Data Display Co. Ltd., Daktronics, Inc., and Barco N.V.

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The new market research study by TMR, in 2013, the global market for outdoor LED displays stood at US$4.80 bn and is further predicted to reach a value of US$12.54 bn by the end of 2020. The market is anticipated to register a healthy growth rate in the coming few years. From a regional perspective, Europe is expected to hold a major share of the outdoor LED displays market throughout the forecast period. The increasing number of sports activities and the rapid development of infrastructure is estimated to accelerate the growth of the Europe market in the next few years.

Increasing Number of Sports Events to Propel Outdoor LED Displays Market

In the last few years, the increasing number of musical and sports events and the development of open air venues and sports arenas are the major factors that are predicted to support the development of the outdoor LED displays market in the near future. The increasing number of promotion and branding campaigns and the development of new products are anticipated to enhance the growth of the market in the coming few years. These factors are likely to encourage the growth of the global outdoor LED displays market in the near future.

Furthermore, the leading sports companies in the market are spending heavily for marketing and advertising, thus they are making use of outdoor LED displays for displaying their products. This is expected to attract a large number of consumers across the globe and ensure the rapid growth of the outdoor LED displays market in the next few years. Moreover, a tremendous rise in the number of sports events, such as Olympics, FIFA, and other events are likely to enhance the development of the market in the near future.

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High Cost of Outdoor LED Displays to Curb Market Growth

The global market for outdoor LED displays market, on the other hand is likely to witness a slight downfall in the next few years. The high cost of LED displays is considered as the key factor that is projected to hamper the development of the market in the near future. Moreover, the installation of LED display is quite expensive in comparison with the other conventional displays available, owing to which the market is estimated to curb the growth in the near future. Nonetheless, the rise in the demand for outdoor LED displays across diverse industries is projected to accelerate to encourage the market growth in the near future.

This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Outdoor LED Displays Market (Applications - LED Billboards, Perimeter LED Boards, LED Mobile Panels, LED Traffic Lights, LED Video Walls and Other LED Matrix Boards) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”

Latin America Commercial Fluorescent Lighting Market to Develop at 16.50% CAGR by 2017, Driven by Rising Demand for Electricity

Transparency Market Research announces the release of a new research study, titled “Commercial Fluorescent Lighting Market - Latin America Industry Scenario, Size, Share, Trends, Analysis and Forecast, 2011 - 2017”. The report states that registering a progressive CAGR of 16.50% from 2011 to 2017, the Latin America commercial fluorescent lighting market is projected to rise from US$212.3 mn in 2011 to US$531.2 mn by 2017.

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Concentrating on the dynamics of the Latin America commercial fluorescent lighting market, the report identifies the leading factors driving and restraining the market. According to the report, the commercial fluorescent lighting market in Latin America is fueled by rapid industrialization, the growing population, and the consequently escalating demand for electricity. On the downside, rise in the number of upcoming alternative products and high initialization cost are likely to inhibit the growth of the Latin America market. In addition, challenges of commercial fluorescent lighting such as adverse effect on human life and surrounding environment, inefficiency at extreme temperatures, and delay in achieving full brightness owing to radio interference are also anticipated to restrain the market. 

With the help of the latest market intelligence tools, the research study elucidates the impact of major external forces on the commercial fluorescent lighting market in Latin America. Porter’s five forces analysis provides insightful data on the bargaining power of buyers and suppliers, the threat of substitutes and new entrants, and the competitive rivalry existing in the regional markets. 

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On the basis of region, the Latin America commercial fluorescent lighting market is segmented into five major countries: Cuba, the Dominican Republic, Panama, Argentina, Costa Rica, Jamaica, and Brazil. A country-wise analysis of the commercial fluorescent lighting market in Latin America sheds light on the different trends impacting this region and the market revenue and forecast for the period from 2011 to 2017.

The commercial fluorescent lighting market in Cuba plays a significant role in boosting the market’s overall growth in Latin America given its rise in GDP, increasing population, and surge in electricity consumption. Mexico and Brazil are also major markets for commercial fluorescent lighting and are likely to propel the demand for energy-efficient lighting solutions.

An important feature of the research report on the Latin America commercial fluorescent lighting market is a detailed evaluation of the competitive landscape. Leading vendors operating in the Latin America market are identified and profiled in order to paint a clear picture of the working of the commercial fluorescent lighting market in the region, the rivalry among top players, and their individual contribution and performance during the review period. The companies that feature in the research study are Osram Sylvania, Philips Lighting, Acuity Brands, Cooper Lighting, and GE Lighting. These participants are profiled on the basis of company overview, financial standing, strengths, weaknesses, opportunities, and threats. 

Latin America Commercial Fluorescent Lighting Market, by Region

• Cuba
• Costa Rica
• Dominican Republic
• Jamaica
• Panama
• Brazil
• Argentina 

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Industrial Touchscreen Display Market Projected to Reach US$ 1,462.5 Mn by 2026

The global industrial touchscreen display market was valued at US$ 835.3 Mn in 2017 and is projected to expand at a CAGR of over 6.5% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘Industrial Touchscreen Display Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ Growth of the market is primarily attributable to advancements in technology and increase in the need to enhance end-user experience. Moreover, high demand for industrial touchscreen displays across industries such as automotive manufacturing and food & beverages is expected to propel the global industrial touchscreen display market during the forecast period. 

The global industrial touchscreen display market has been segmented based on touchscreen type, component, end-use industry, and region. Based on touchscreen type, the market has been divided into resistive, capacitive, surface acoustic wave, infrared, and others (including optical imaging and near-field imaging). In terms of component, the market has been categorized into hardware and software. The hardware segment has been sub-divided into display, touch sensor, and controller. In terms of end-use industry, the market has been classified into oil & gas, chemical, food & beverages, mining & metal, automotive, and others (including rubber, plastics, and paper & pulp). Based on geography, the global industrial touchscreen display market has been segregated into North America, Asia Pacific, Europe, Middle East & Africa, and South America.

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Automotive segment expected to hold a prominent share

Among end-use industries, the automotive segment is anticipated to constitute a significant market share in 2017. The segment is expected to be driven by rising demand for next-generation touchscreen display panels that can withstand harsh environments. This can be further attributed to the rising demand for custom touch panels with full display enhancements such as sunlight readability and custom rugged cover glass with logos and graphics.

Europe holds a leading market share

In terms of geography, the global industrial touchscreen display market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe is anticipated to hold a leading share of the global market during the forecast period, followed by North America and Asia Pacific. This is primarily due to technological advancements in the region. Furthermore, presence of a large number of manufacturers of display panels in North America has made it a prominent region of the global industrial touchscreen display market. Moreover, transformation of computing platforms and digitalization is an increasing trend that the industrial touchscreen display market is likely to witness in the next few years. Manufacturers are integrating commercial PC technologies to provide customized solutions for users. This is achieved by incorporating the latest-technology solutions and control automation methods into commercial products, manufacturing equipment, and test stations. Moreover, the market in Asia Pacific is projected to expand rapidly between 2018 and 2026, due to ongoing technological innovations in the region. The market in Middle East & Africa is estimated to witness moderate growth from 2018 to 2026. The market in South America is expected to witness sluggish growth during the forecast period.

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The research study includes profiles of leading companies operating in the global industrial touchscreen display market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Parameters such as investments in and spending on industrial touchscreen displays and developments by major market players have been tracked. Some of the key players operating in the global industrial touchscreen display market are Advantech Co., Ltd, Cypress Semiconductor Corporation, Dell, Inc., B&R Industrial Automation GmbH, Elo Touch Solutions, Inc., Fujitsu Ltd., Hewlett Packard Enterprise, LG Electronics, Panasonic Corporation, Planar Systems, Kontron AG, Schneider Electric S.E., Siemens AG, Beckhoff Automation GmbH & Co. KG, Captec Ltd., and American Industrial Systems.

Professional Mobile Radio Market Expected to Reach US$ 36,285.7 Mn by 2026

According to a new market report Professional Mobile Radio Market, published by Transparency Market Research, the global professional mobile radio market is expected to reach US$ 36,285.7 Mn by 2026, expanding at a CAGR of 9.8% from 2018 to 2026. According to the report, the global market is expected to be influenced by a range of macroeconomic and industry-specific factors. North America is estimated to be at the forefront of global demand, with the market in the region expanding at a CAGR of more than 9.0% through 2026. Technical advancements, increased digitization, and the presence of a large number of professional mobile radio manufacturers are anticipated to significantly influence the global professional mobile radio market in North America.

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Growing significance of efficient critical communication operations across the world and increasing adoption of digital technology in the communication sector driving the global professional mobile radio market

Increasing adoption of professional mobile radio (PMR) devices for public safety and government organizations for mission critical communication operations is expected to boost the overall market in the near future. The ability of PMR devices to offer cost-effective and reliable communication systems is fueling the demand for them. Furthermore, convergence of public and private LTE network with PMR technology is expected to boost the demand for PMR devices across different application areas during the forecast period. Moreover, increased presence of a number of professional mobile radio manufacturers and post-sale service providers across the regions has led to a subsequent rise in the demand for professional mobile radio devices, which is likely to propel the market during the forecast period.

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In terms of professional mobile radio system, both North America and Europe are mature markets owing to high awareness among users and technological development. However, the market in Asia Pacific is expected to witness robust expansion from 2018 to 2026. Rising penetration of technology as well as significant investments in the communication sector and digitization across countries such as the U.S., the U.K., Germany, France, China, India, South Africa, and Brazil is anticipated to offer prominent opportunities for professional mobile radio providers in the near future.

Global Television Broadcasting Services Market to Bag US$755.7 Bn as Demand for HD Content Increases

The global television broadcasting services market is anticipated in a report by Transparency Market Research (TMR) to find companies shaking hands with technology firms with a view to expand their presence in the industry. Companies could also focus on aligning their distribution and production operations to help secure a leading share of the market. Besides this, there could be high emphasis on improvement of services with respect to content quality. The market marks the presence of top companies such as CBS Interactive, CANAL+ GROUP, British Broadcasting Corporation (BBC), AT&T, Inc., and A&E Television Networks, LLC.

TMR envisages the global television broadcasting services market to rise at a 6.9% CAGR for the forecast period 2018-2026 to earn US$755.7 bn by the completion of 2026. In 2017, the market was valued at a US$418.1 bn. On the basis of delivery platform, it is envisioned to witness the rise of cable television broadcasting services throughout the course of the forecast period. By region, North America could take the lead in the market, considering its US$190.0 bn valuation achieved in 2018.

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Shift to Consumer-driven Model Builds Platform for Growth

The global television broadcasting services market is foreseen to gather pace in its growth with advertisement regarded as a leading revenue source and rising demand for HD content. The shift in trend from provider-driven to consumer-driven observed in the television market could bode well for the rise of broadcasting services. Increasing consumer expectations could be met with technological advancement in the manufacturing of devices and rising quality standards.

With swelling consumer preference for high-quality content, demand for top-end over-the-top television (OTT) services such as HBO Go is expected to improve in the near future. In 2017, ownership of HD televisions touched 85.0%, according to the finding mentioned in the Ericsson Mobility Report 2017.

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