China IoT Market by Hardware (Processor, Memory, Logic, Sensor, & Connectivity) - Global Forecast to 2022

The China IoT market is expected to have a high growth potential till 2022. The total market is expected to reach USD 121.45 Billion by 2022 from USD 11.00 Billion in 2015, at a CAGR of 41.1% between 2016 and 2022. The major driving factors for the growth of the market are the growing demand for smartphones and other connecting devices, increasing internet penetration, rising trends of industrial automation, and mainstream adoption of cloud computing.

This report covers the China IoT market on the basis of hardware, software, platform, service, and application. The automotive & transportation application holds the largest share of the market on the basis of application. IoT assist states, cities, and towns across the China to meet the increasing demand for the surface transportation system. This application assists in enhanced speed monitoring, traffic counting, presence detection, headway measurement, navigation, and vehicle classification. Professional services hold the largest market size in terms of application.

The market for managed services is expected to grow at the highest CAGR during the forecast period. These services are crucial as they are directly related to customer experience and help the companies sustain their positions in the market. Managed services offer technical skills that are required to maintain and update software in the IoT ecosystem.

In the software segment, data management is the largest for IoT in China. It plays a vital role in the overall China IoT market as IoT devices produce enormous amounts of data that pose a challenge for the providers to deal with efficiently. To generate insights from the huge amount of data, organizations require data management solutions to manage structured as well as unstructured data.

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The China IoT includes companies for major hardware providers such as Xiaomi Inc. (China), Qualcomm Incorporated (U.S.), MediaTek Inc. (Taiwan), and Huawei Investment & Holding Co., Ltd. (China); network providers such as China Mobile Limited (Hong Kong), China Unicom (Hong Kong) Ltd. (Hong Kong), and China Telecom Corporation Limited (Beijing); and software providers such as International Business Machines (IBM) Corporation (U.S.), Microsoft Corporation (U.S.), and Alibaba Group Holding Ltd. (China). These players adopted various strategies such as new product developments, partnerships, collaborations, and business expansions to cater to the needs of this market.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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8K Technology Market worth $26.8 billion by 2024

According to the new market research report "8K Technology Market by Product (Television (OLED, LED-LCD, QD-LCD, Micro-LED), Monitor & Notebook, Professional Camera, Projector), End User (Consumer, Sports & Entertainment, Medical), and Geography - Global Forecast to 2024", The 8K technology market is projected to grow from USD 2.9 billion in 2019 to USD 26.8 billion by 2024 growing at a CAGR of 55.5%. Advancements in display technology, financial assistance by governments, and expansion of production capabilities for 8K UHD display panels; availability of various products for the creation and delivery of 8K content; and increased demand for larger-sized TVs with higher resolution are a few major factors driving the 8K technology market growth.

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“Television segment to register highest CAGR in 8K technology market during forecast period “

The 8K technology market has been segmented on the basis of products into 4 categories: Televisions, projectors, professional cameras, and monitors and notebooks. Among these products, television is expected to be the fastest-growing segment in the overall 8K technology market. Consumers are showing interest in large-screen TVs with better picture quality as they want theater-like experience at home. Hence, the market for 8K TVs is likely to witness significant growth in the coming years. Enhanced picture quality and image depth, more vibrant and brighter colors, bigger screen, and high demand for smart TVs owing to their capability to allow users to install apps and pull content digitally from anywhere are among a few major factors that attract customers toward products based on this technology. However, owing to the limited content availability and high cost, 8K televisions are not offering significant value addition to early buyers compared to 4K televisions.

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“Consumers segment to account for largest share of 8K technology market during forecast period”

The consumers segment is expected to hold the largest market share during the forecast period. The 8K resolution has a variety of applications for consumers. It can be used in TVs, cameras, projectors, and so on. Increasing demand for large-sized televisions by consumers for enhanced picture quality and image depth is the major factor driving the growth of the 8K technology market. Additionally, the sports & entertainment Industry is expected to hold the second-largest share of the 8K technology market.

“North America held largest share of 8K technology market in 2018”

The 8K technology market, by geography, has been broadly classified into North America, Europe, APAC, and RoW. In terms of value, North America held the largest share of the market in 2018. It is one of the leading regions and is expected to witness high growth in the 8K technology market in the coming years. North American companies are focusing on entering into partnership agreements to develop 8K products with collaborative efforts, as well as on increasing their expenditure in R&D, keeping in mind the potential of new technology. The US is the leading country in North America with high demand for 8K products including TVs, cameras, projectors, and monitors. Increasing demand for large-sized TVs with high resolution drives the 8K technology market growth in the country.

Samsung Electronics (South Korea), LG Electronics (South Korea), Sony Corporation (Japan), JVCKENWOOD Corporation (Japan), Sharp Corporation (Japan), Canon Inc. (Japan), Red Digital Cinema (US), Dell Technologies (US), Leyard Optoelectronic (China), and Digital Projection (UK) are the major players in the 8K technology market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
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MarketsandMarkets™ INC.
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Building Automation System Market Size, Growth, Trend and Forecast to 2024 | MarketsandMarkets

[214 Pages Report] The Building Automation System Market is expected to grow from USD 75.0 billion in 2019 to USD 121.5 billion by 2024 growing at a CAGR of 10.12%. The rise in the adoption of automated security systems in buildings, development of wireless protocols and wireless sensor network technology for BAS, and rapid penetration of IoT in building automation systems are the critical factors driving the growth of the BAS market.

Building energy management software is expected to grow at fastest rate during forecast period

Building energy management software helps building operators or homeowners to continuously monitor and analyze how much energy is used by a building. It not only notifies building operators or owners of energy drifts but also provides actionable information for energy saving. With the advent of technology, BAS manufacturers are focusing on developing user-friendly software for the management of energy consumption in a building, which, in turn, driving the demand for building energy management software.

Reducing energy expenditure in industrial applications helps the BAS market to grow

Industrial facilities include factories, production plants, distribution facilities, warehouses, and other infrastructure buildings that support manufacturing and production functions. The segment is expected to adopt smart building solutions to achieve energy and cost savings, higher productivity, enhanced identity and access management, and optimized surveillance. Manufacturing and industrial buildings have their own set of requirements for different manufacturing processes and storage purposes. These buildings are equipped with highly sophisticated technologies, ranging from lifts and air-conditioning units to controlled ventilation systems, which contributes to high energy consumption. Reduction in energy expenditure is critical for industrial and manufacturing facilities as it directly contributes to the operational and capital expenditure of the company and can affect its profitability.

BAS market in APAC is expected to grow at highest CAGR

The BAS market in APAC is expected to grow at the highest CAGR during the forecast period. The expected rise is attributed to the rapid growth of the construction industry in developing countries such as China and India and government initiatives toward energy conservation have contributed to the growth of the BAS market in APAC. Countries such as China and India have aggressively started developing smart cities. BAS is acting as a key enabler in achieving these objectives by the respective countries.

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Honeywell International (US), Siemens AG (Germany), Johnson Controls International (Ireland), Schneider Electric (France), United Technologies Corp. (US), Robert Bosch (Germany), Legrand (France), Hubbell (US), ABB (Switzerland), and Ingersoll-Rand (Ireland) are among a few major players in the BAS market. These players are increasingly undertaking acquisitions and product launches to develop and introduce new technologies and products in the market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Building Automation System Market worth $ 121.5 billion by 2024

According to the new research report "Building Automation System Market by Communication Technology, Offering (Facilities Management Systems, Security & Access Control Systems, Fire Protection Systems, and Building Energy Management Software), Application, Region - Global Forecast to 2024", the BAS market is expected to grow from USD 75.0 billion in 2019 to USD 121.5 billion by 2024 growing at a CAGR of 10.12%. The growth of this market is mainly driven by several factors, such as a high focus on designing and establishing energy-efficient and eco-friendly buildings and several benefits of BAS, development of wireless protocols and wireless sensor network technology for BAS, and rapid infrastructure growth in developing nations.

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Security and access control systems to hold largest share of BAS market by 2024

Security and access control systems accounted for the largest share of the BAS market in 2018, and a similar trend is likely to continue in the near future. The demand for home security solutions is growing at a rapid pace because of various factors, such as technological advancements, the rise in crime rates, the increased need for medical assistance to senior citizens at home and monitoring the children at home. Security and access control systems have become an integral part of the safety and security of buildings and their occupants. These systems have revolutionized the building security and removed human intervention. These are installed in buildings to increase the security level, monitor activities, and keep a record of people entering and exiting the building. Worldwide governments are also investing heavily to develop reliable and robust security systems for safeguarding their citizens from terrorist attacks.

BAS market for industrial application to grow at highest CAGR from 2019 to 2024

The industrial application includes manufacturing facilities, distribution facilities, warehouses, and other infrastructure buildings of automotive, chemicals, metals, engineering, mining, pharmaceuticals, oil & gas, and other industries. The segment is expected to adopt smart building solutions to achieve energy and cost savings, higher productivity, enhanced identity and access management, and optimized surveillance. BAS has a wide scope for development in emerging economies such as India, China, and Brazil, having diverse manufacturing sectors growing at a high rate. In spite of having the largest manufacturing base, these nations lack buildings equipped with energy-efficient infrastructure. This creates a tremendous market opportunity for all companies offering building automation systems to increase their viability in these nations on a large scale.

Increasing construction industry in developing countries such as China and India will boost the demand for BAS in APAC during the forecast period

The BAS market in APAC is expected to grow at the highest CAGR during the forecast period. The rapid growth of the construction industry in developing countries, such as China and India, and government initiatives toward energy conservation have contributed to the growth of the BAS market in APAC. Countries such as China and India have aggressively started developing smart cities. BAS is acting as a key enabler in achieving these objectives by the respective countries.

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Honeywell International (US), Siemens AG (Germany), Johnson Controls International (Ireland), Schneider Electric (France), United Technologies Corp. (US), Robert Bosch (Germany), Legrand (France), Hubbell (US), ABB (Switzerland), and Ingersoll-Rand (Ireland) are among a few major players in the BAS market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

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MarketsandMarkets™ INC.

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USA: 1-888-600-6441

newsletter@marketsandmarkets.com

Automated 3D Printing Market Size, Growth, Trend and Forecast to 2023 | MarketsandMarkets

The overall automated 3D printing market is projected to reach USD 1,793 million by 2023 from USD 196 million by 2018, at a CAGR of 55.65%. Major drivers for market growth are the increased focus on efficiency and cost of production, growth in adoption of robotics for industrial automation, and growing need to automate post-processing.

Market for industrial manufacturing, high-tech equipment, and engineering is expected to grow at highest CAGR during forecast period

Additive manufacturing proves to be a new tool-less and cost-effective production method for the end users in the industrial manufacturing, high-tech equipment, and engineering segment that provides new solutions for the low-volume production of different parts. The group of equipment used in these applications is highly efficient in terms of time and cost. Hence, the automation of 3D printing in this end-user segment is more than that in other segments.

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Among hardware types, market for robots is expected to register highest CAGR during 2018–2023

In automated 3D printing, the robots are used to automate the 3D printing processes, and their adoption is increasing as they are easily programmable and can perform the tasks at an accelerated pace. The major companies are investing heavily in robots; they have started utilizing robots in 3D printing. For instance, Voodoo Manufacturing (US) has deployed a low-cost UR10 robotic arm, offered by Universal Robots (Denmark), to remove prints along with the print bed from 3D printers.

North America is expected to account for largest market size during forecast period

North America is expected to hold the largest share of the automated 3D printing market during the forecast period. North America notably registers the high adoption of automated 3D printing. The region has been receptive to the 3D printing procedures since its early days. The presence of the well-established 3D printing solution providers in this region boosts the adoption of automation technologies in the 3D printing systems to increase the efficiency and speed. The university grants provided by the federal government to develop 3D printing labs and technologies also drive the growth of the North American market.

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Key players in the automated 3D printing market include Stratasys (Israel), ExOne(US),  3D Systems (US), Materialise (Belgium), Universal Robot (Denmark), Formlabs (US), EOS GmbH (Germany), SLM Solutions (Germany), Concept Laser (Germany), Coobx (Liechtenstein), Authentise (US), Renishaw (UK),  NVBOTS (US), PostProcess Technologies (US), and DWS System (Italy).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

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Modular Instruments Market by Platform Type (PXI, AXIe, VXI) - 2023 | MarketsandMarkets

Modular instruments are defined in software residing in host PCs, which makes it possible to define measurements and analysis in real time. Modular instruments generally use computer–user interfaces instead of displays and controls embedded in the instrument’s frames or packages. To increase flexibility, an engineer can deploy algorithms on field-programmable gate arrays (FPGA). So, instead of a fixed or vendor-defined software architecture, a user can make changes in modular instrumentation according to his/her requirements.

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The global modular instruments market is estimated to be USD 1.33 billion in 2018; it is expected to reach USD 2.11 billion by 2023, at a CAGR of 9.6% from 2018 to 2023. The overall market is segmented based on platform type (PXI, AXIe, and VXI); application (R&D and manufacturing & installation); vertical (aerospace & defense, telecommunications, automotive & transportation, electronics and semiconductor, and others); and geography (North America, Europe, Asia Pacific, and Rest of the World).

The growth of the modular instruments market is driven by increased R&D spending; benefits such as low cost, modularity, compact size, increased throughput, flexibility, and extended lifetime offered by modular instruments. Increased demand for the deployment of LTE from the telecommunications sector is boosting the adoption of modular instruments. Additionally, end users are now motivated to adopt modular instruments in 5G R&D activities; growth of IoT and rapid adoption of IoT devices present tremendous opportunities for the market to thrive in the coming years.

The PXI platform held the largest share of the modular instruments market in 2017. This platform is based on PCI, and hence, it inherently brings the advantages of reduced cost, improved performance, and a mainstream software model to end users. The need for a modern computer-based modular architecture that can integrate traditional measurement capabilities with machine vision, motion control, and automation has resulted in the quick adoption of PXI as an industry standard. Some of the major companies that provide PXI-based modular instruments are National Instruments, Keysight Technologies, Teradyne, Rohde&Schwarz, Viavi Solutions, Fortive, and Teledyne Lecroy.

The market for R&D applications is expected to grow at a higher CAGR than manufacturing & installation applications during the forecast period. Increasing research on the 5G technology is a major factor fueling the demand for modular instruments in R&D applications.

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Telecommunications vertical is expected to create the highest demand for modular instruments market during the forecast period. Widespread demand for wireless technologies is currently driving the market for the telecommunications sector. The market is expected to grow substantially during the forecast period with the increasing subscriber base for different advanced technologies, such as WiMax, 3G, 4G, LTE, LTE-A, and 5G.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

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USA: 1-888-600-6441

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Network Packet Broker Market by Bandwidth (1 and 10 Gbps, 40 Gbps, 100 Gbps) - 2023 | MarketsandMarkets

The network packet broker market is expected to reach USD 849.4 million by 2023 from USD 585.4 million in 2018, at a CAGR of 7.73% between 2018 and 2023. Major drivers for the growth of the market are need for simplified data center management and automation, high demand for cloud services, and surge in internet multimedia content and web applications.

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Of all the major end users of network packet brokers, enterprises hold the largest share of the network packet broker market. Increasing enterprise applications require high-performance connectivity, constant uptime, high throughput, and high reliability to manage a vast amount of data. To address these requirements, network packet brokers are being adopted in enterprises. Large enterprises across different industries have been increasingly adopting the digitization to improve their business processes. Also, the revolutionizing digitization in healthcare, e-commerce, banking, and education is the key driver for enterprise data centers, which will eventually drive the growth of the market for network packet brokers.

Among bandwidth, during the current times, the adoption of 1Gbps bandwidth NPBs is declining, relegated to low-bandwidth applications and legacy devices. The most common type of NPBs now is 10Gbps. 10Gbps network packet broker capture traffic from access switch uplinks and aggregation/core switches, which usually run at a speed of 10Gbps and higher. The 1 and 10 Gbps bandwidth network packet brokers are widely adopted across various sectors such as enterprises, telecoms, government organizations, and other service providers. Currently, network packet brokers with high bandwidth are gaining a lot traction in the market. As a result, the prices for 1 and 10 Gbps NPBs have been declining, which drives the adoption of these NPBs for the optimum network development. It is owing to these factor the market for 1 and 10 Gbps network packet broker is expected to hold the largest market share in 2018.

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APAC is expected to be the fastest-growing region in the network packet broker market during 2018–2023. Increasing government initiatives and investments from technologically developing countries in APAC, such as India, Japan, China, Singapore, and Australia, are driving the growth for increasing deployments of data centers in the region, which in turn is expected to drive the market for NPBs. Also, the increasing number of small- and medium-scale enterprises and the adoption of digital technologies in them further drive the demand for NPBs. Moreover, the increasing penetration of the Internet and rising population of internet users in the region creates a massive amount of data that drive the demand for cloud-based services. All these parameters generate the need for high-performing switching solutions across the network infrastructure in data centers. These factors in turn are expected to drive the market for network packet brokers in this region during the forecast period.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

newsletter@marketsandmarkets.com

Door and Window Automation Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast – 2022

The door and window automation market was valued at USD 11.48 Billion in 2015 and is expected to reach USD 17.76 Billion by 2022, at a CAGR of 6.2% between 2016 and 2022. The door and window automation market is expected to register a shipment of 20.6 million units in 2022, growing at a CAGR of 7.9% between 2016 and 2022. Easy accessibility for elderly and disabled people is one of the major drivers for the door and window automation market.

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The commercial application is expected to lead the door and window automation market during the forecast period. Automated doors and windows are highly used in the commercial sector which includes government buildings, banks & financial institutions, offices complexes, retail complexes, and shopping malls among others. It offers easy access, especially to elderly and disabled people, without compromising the security. The market for hotels and restaurants is expected to grow at the highest rate during the forecast period. Increasing need for comfort and accessibility is the key factor driving this market.

Pedestrian doors are extensively used in the door and window automation market, owing to the demand for security for the entrance to the home, offices, industries among others. In commercial buildings, retail shops, and public-assess premises, automated pedestrian doors are highly used to meet the high traffic and safety requirements. These are of various types such as sectional, sliding, and rolling doors among others. They  can be used very efficiently in controlling directional traffic situations such as one door for entry traffic and another door for exit traffic. The market for automated windows is expected to growing at a high rate during the forecast period. Automated windows are widely  used for the purpose of convenience, natural ventilation, and smoke ventilation.

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Operators are largely used in the automated door and window systems . An operator is helpful for effortless opening and closing the door at a constant speed. It is highly used for any commercial building, retail store, or industrial environment. Additionally, access control systems including smart cards, biometric readers, and video surveillance system are increasingly used to meet the demand for safety and security in various offices, banks, and financial institutions among others. Therefore,  the market for access control  systems is likely to grow at a high rate during the forecast period.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

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Power Banks market - Industry Analysis, Size, Share, Trends, Segment and Forecast -202

The power bank market is expected to be valued at USD 25.16 billion by 2022, at a CAGR of 21.2% between 2017 and 2022. The growth of this market is propelled by the increasing usage of electronic devices such as smartphones and tablets, increased power consumption of electronic devices due to technological advancements, and electric outage in certain countries.

The capacity range of 9500–12499mAh accounted for the largest share of the power bank market in 2016. The rising adoption of power banks that are capable of charging a device several times is expected to drive the growth of the market for power banks with a capacity range of 9500–12499mAh.

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The power bank market for more than two USB ports is expected to grow at a high rate between 2017 and 2022. Consumers demand for power banks with three or four USB ports as they are capable of charging three to four devices, simultaneously. Moreover, these devices are now available with higher capacities; this has increased the demand for power banks with three or four USB ports.

Power banks that derive power from electric power grids accounted for a major market share in 2016. The benefits offered by these devices such as easy accessibility, low prices, lightweight, compact size, and suitability for charging any portable electronic devices are contributing to the increasing the demand for electric-based power banks.

Lithium ion batteries held the largest size of the power bank market in 2016. Li-ion batteries offer various advantages such as high energy density, relatively low self-discharging, and low maintenance. The power bank market for lithium polymer batteries is expected to grow at a high rate between 2017 and 2022. Lithium polymer batteries are moldable, lightweight, and come in a flat shape; these factors enable electronic device manufacturers to develop thin and compact electronic devices. These batteries are preferred as they are light in weight and have a flexible form factor, and are safer than other batteries.

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Smartphones hold the largest size of the power bank market; the market for smartphones is expected to grow at a high rate between 2017 and 2022. The increasing penetration of smartphones, along with the extensive use of Internet services, is draining the battery power of smartphones rapidly. Hence, the demand for power banks to run smartphones for a longer duration is increasing in the market.

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