RFID and Barcode Printer Market worth $5.3 billion by 2026

 

The report "RFID and Barcode Printer Market with COVID-19 Impact Analysis by Printer Type, Format Type (Industrial Printers, Desktop Printers, Mobile Printers), Printing Technology, Printing Resolution, Application, and Region - Global Forecast to 2026", size was valued at USD 3.9 billion in 2021 and is projected to reach USD 5.3 billion by 2026. It is expected to grow at a CAGR of 6.4% during the forecast period. Increasing installation of RFID and barcode systems in manufacturing units to improve productivity to tackle the impact of COVID-19, growing use of RFID and barcode printers in flourishing global e-commerce industry, surging need for improvement in inventory management, and rising demand for mobile printers based on wireless technologies are the key driving factors for the RFID and barcode printer market.

Barcode printers to hold a major share of the RFID and barcode printer market during the forecast period.

The barcode printers segment accounted for a larger size of the RFID and barcode printer market than the RFID printers segment. Barcode printers are extensively used in small, medium, and large businesses to label and subsequently track the products being shipped. This is one of the key factors fueling the growth of the barcode printers segment of the market. These printers are frequently used in high printing requirement applications, including retail. The manufacturing and industrial segment accounted for the largest size of the barcode printer market in 2020. Barcode printers are widely used in manufacturing industrial applications, as they benefit every stage of the manufacturing process, right from distribution and logistics to inventory tracking and product shipping. In 2020, North America accounted for the largest share of the barcode printer market, and this trend is expected to continue during the forecast period.

Retail application to hold a major share of the RFID and barcode printer market during the forecast period.

The retail application to hold the largest size of the RFID and barcode printer market during the forecast period. RFID and barcode labels or tags help retailers in handling retail printing requirements. POS printers are designed to provide printing solutions for tasks at the front and back of stores, along with catering to the requirements of online/e-commerce retail applications. Retailers use labels or tags for improving operational efficiency and customer satisfaction through the timely delivery of products, as well as with improved management of assets in stores. In the retail environment, RFID and barcode printers are used for identifying products and labeling them with price tags; and printing shelf tags, inventory merchandise, and receipts, along with making promotional and store branding materials; printing on-demand labels for shipping applications; and printing promotional coupons and forms for marketing.

North America to witness a higher CAGR during the forecast period.

North America accounted for the largest share of the RFID and barcode printer market, and a similar trend is anticipated to continue during the forecast period. Retail, transportation and logistics, manufacturing and industrial, and healthcare and hospitality are the key applications of RFID and barcode printers in the region. Several companies offering RFID and barcode printers have their presence in North America that further add to the growth of the RFID and barcode printer market in the region. RFID and barcode labels and tags help gain information about the location and the status of assets and people that can be used for increasing staff productivity and optimizing asset utilization in various industries. This leads to the increased adoption of RFID and barcode printers in the manufacturing, transportation, and healthcare industries in North America.

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A few of the key players in the RFID and barcode printer market are Zebra Technologies Corp. (US), SATO Holdings Corporation (Japan), Honeywell International (US), Seiko Epson Corp. (Japan), AVERY DENNISON CORPORATION (US), BIXOLON (South Korea), GoDEX International (Taiwan), Toshiba Tec Corporation (Japan), Star Micronics (US), Printronix (US), Primera Technology (US), Postek Electronics (China), Wasp Barcode Technologies (US), and Brother International Corporation (US).

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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.

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Who are the major companies in the infrared imaging market?

 

FLIR Systems (US), Fluke (US), Sensors Unlimited (US), Leonardo DRS (US), and Axis Communications (Sweden) are among the major companies operating in the infrared imaging market.

Which technology type of infrared imaging products is expected to penetrate significantly in the infrared imaging market?

Uncooled infrared imaging products are currently most popular in the infrared imaging market, and they are also expected to hold significant share of the market in the coming years.

Which are the key applications of infrared imaging products?

The security & surveillance, and monitoring & inspection are the two key applications for which infrared imaging products are most adopted in the infrared imaging market.

Which are the emerging wavelengths in infrared imaging market?

Near infrared, and long-wave infrared are the dominant segments in the infrared imaging market in terms of market share, while the shortwave infrared segment is witnessing highest growth in the infrared imaging market.

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What are the key strategies adopted by key companies in the infrared imaging market?

The product launch strategy has been and continues to be one of the major strategies adopted by the key players to grow in the infrared imaging market. Agreements, contracts, expansions, collaborations, and partnerships are some of the other strategies adopted by the key companies operating in the infrared imaging 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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Market Leadership - Sports Technology Market

 

The global sports technology market was valued at USD 17.9 billion in 2021 and is expected to reach USD 40.2 billion by 2026, at a CAGR of 17.5% between 2021 and 2026. In the recent years, professional sports bodies have adopted new technologies such as sports data analytics, smart stadiums, wearable devices, and digital signage to enhance their team performance, engage fans, and provide smart infrastructures. Smart stadiums are among the key global trends owing to the increase in the number of sports events being held worldwide. Technological innovations in smart stadiums drive the execution of several projects worldwide. The growth opportunities for the sports technology market are high in Europe and APAC owing to favorable economic and sports environments. The market growth can be attributed significant improvement in audience engagement, growing demand for data-driven decisions and operations, and increasing sports events, online and offline.

Leading players in the sports technology market includes IBM (US), Ericsson (Sweden), Cisco (US), Fujitsu (Japan), SAP (Germany), Oracle (US), Catapult Sports (Australia), NEC (Japan), LG (South Korea), Sharp (Japan), Samsung (South Korea), Fitbit (US), Apple (US), Garmin (US), Sony (Japan), Panasonic (Japan), Modern Times Group (Sweden), Activision Blizzard (US), Tencent (China), and CJ Corporation (South Korea).

Top Market Players in Sports Technology:

Apple is one of the most innovative companies, which designs and develops hardware, application software, and services for different consumer electronics products. The company has a prominent focus on R&D. This has helped the company yield profits and increase its revenue over the past few years. It has displayed an impressive top-line growth through its innovative products. For the sports wearables market, Apple has a broad range of high-performance products such as wireless AirPods (earbuds) and Apple watch with virtual assistants and additional AI functionalities to detect early signs of strokes and diabetics.

IBM is one of the leading smart stadium and sports analytics products and solutions providers. Its product ecosystem consists of Building Management Center, IBM Intelligent Operations Center, IBM Social Media Analytics, IBM Sports Enterprise 360/365, Identity and Access Security, and Application Security. These solutions enable enhancing spectator experience and optimizing stadium operations. IBM has recently announced innovative new fan experiences leveraging AI, underpinned by hybrid cloud technologies. This will enable millions of fans worldwide to experience the excitement and vibrant environment surrounding events such as the Grand Slam, where fans were restricted to experience the matches at home due to COVID-19 restrictions. IBM has been associated with major sports events, such as the Master Golf Tournament, U.S. Open Golf Tournament, French Open, Australian Open, and Wimbledon.

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Cisco has grown from being a seller of individual products and services to a seller of entire networking architecture and solutions. The company is one of the smart stadium market leaders. Cisco’s StadiumVision transforms and boosts the intensity of any sport for spectators. The Cisco Connected Stadium Wi-Fi Solution (a high-density Wi-Fi solution) enables fans to indulge in social media activities within stadiums. Cisco’s core strength lies in offering innovative products and solutions. The company spends considerable portions of its revenue on R&D; it spent USD 6.3 billion in 2020. Its strong R&D helps in developing and enhancing product capabilities to gain a competitive edge in the market.

Activision Blizzard is one of the leading esports companies that develops and publishes interactive entertainment content and services for multiple platforms, including video game consoles, personal computers (PC), and mobile devices. Activision Blizzard focuses on developing innovative games for consumers in different countries. Organizing events is likely to help it retain its leading position in the esports market. It relies on sponsorships and franchises for the esports business. The company owns and operates franchises such as Call of Duty, World of Warcraft, StarCraft, Diablo, Overwatch, Destiny, and Candy Crush Saga. Activision Blizzard has made some key investments in the esports business and is also looking forward to capitalizing on the revenues.

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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Top 2 Players in the Mobile Artificial Intelligence (AI) Market

 

The mobile AI market is expected to be reach USD 17.83 billion by 2023 from USD 5.11 billion in 2018, at a CAGR of 28.41% during the forecast period. Growing demand for AI-capable processors for use in mobile devices and rise in cognitive computing are the major factors driving the growth of the mobile AI market. Dedicated low-cost AI chips for camera and vision applications in mobile devices and increasing demand for edge computing in IoT are expected to offer lucrative opportunities for players in the mobile AI market during the forecast period.

The mobile AI market is highly competitive owing to the presence of a large number of global and regional market players. Product launches and developments are the most prominent strategies adopted by key industry players in the recent years. Moreover, partnerships, collaborations, and acquisitions are the other major growth strategies followed by the players in the mobile AI market. Key players implementing these strategies are Apple (US), NVIDIA (US), Huawei (China), Samsung Electronics (South Korea), Qualcomm (US), Intel (US), IBM (US), Microsoft (US), MediaTek (Taiwan), and Google (US).

Top 2 players in the mobile AI market:

Apple implements artificial intelligence (AI) and machine learning technologies in consumer and enterprise-level devices. The company has added various features, such as security and social networking, to their devices. The aforementioned devices highlight a trend wherein artificial intelligence (AI) is moving toward end devices instead of relying more on cloud services. This, as a result, has created opportunities for chip suppliers to bring robust chips and graphics processing units (GPUs) and other solutions, such as accelerators and vision processing units (VPUs), to the market. Apple mainly focuses on product launches and acquisitions to maintain its competitive position in the mobile AI market. The company is working on a dedicated chip to power AI on-devices. Its iPhone X, iPhone 8, and iPhone 8 Plus contain A11 Bionic chip, which includes dedicated neural network hardware called "Neural Engine".

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Qualcomm is continuously growing in the mobile AI market. The company has R&D centers in various locations worldwide. Its robust R&D capabilities enabled it to develop a strong patent portfolio. Qualcomm focuses on organic and inorganic strategies, such as product launches, partnerships, and collaborations, to grow in the market. The company’s Snapdragon mobile platform has accelerated the migration of intelligence from the cloud to edge devices in key device categories, including mobile, IoT, and automotive. For example, in June 2017, Qualcomm (US) launched Snapdragon 845, a mobile CPU. Qualcomm Snapdragon 845 is the third generation mobile AI platform, which delivers up to three times faster processing of neural networks and offers on-device AI support compared with the previous generation SoC. Moreover, collaborations with strong technology companies help the company enhance its on-device AI portfolio.

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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MarketsandMarkets™ INC.

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Market Leader - Optical Sorter Market

 

The optical sorter market is valued at USD 2.0 billion in 2020 and is expected to reach USD 3.3 billion by 2025; it is expected to grow at a CAGR of 10.2% from 2020 to 2025. A few key factors driving the growth of this market are growing focus on automation to increase productivity, increasing need to reduce process and delivery time in the food industry, rising labor costs, and emerging stringent government regulations regarding food safety.

TOMRA (Norway), Buhler (Switzerland), Key Technology (US), Binder+Co (Austria), Satake Corporation (Japan), Allgaier Werke (Germany), Hefei Meyer Optoelectrionic Technology (China), TAIHO (China), Daewon GSI (South Korea), Cimbria (Denmark), CP Global (US), GREEFA (Netherlands), National Recovery Technologies (US), NEWTEC (Denmark), Pellenc ST (France), Raytec Vision (Italy), Sesotec (Germany), and STEINERT (Germany) few major players in the optical sorter market. Most of the leading companies have used product launches as key strategy to boost their revenues.

Top 2 Market Players:

TOMRA (Norway) designs, manufactures, and sells sensor-based solutions for optimal resource productivity within the various business streams to its customers across the globe. Through its Sorting Solutions segment, the company provides advanced optical sorting systems that deal with food, recycling, and mining. The company installed over 10,500 units of sorting equipment in more than 80 countries. The company delivers high-performance sorting and analytical solutions to its customers. The company has diversified sorting products, which are highly competitive in the market. Food sorting is the largest business stream within the SS business segment. The market is driven by stringent food safety and quality requirements and consumption of packaged and processed food products. TOMRA is continuously analyzing and evaluating the acquisition of strategic businesses or product lines with the potential to strengthen its industry position or to enhance their existing set of product offerings. The company is innovating its product portfolio and expanding its market through product launches to maintain its leading position in the optical sorter market. The company invested heavily in R&D, resulting in industry-leading innovations and a robust and growing patent portfolio that is focused on technologies as well as many emerging technologies and businesses.

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Buhler (Switzerland) develops and manufactures industrial process technologies and solutions for food, mobility, and communication markets across the globe. Buhler is one of the leading global suppliers of optical sorting solutions to the food and non-food processing industries. The company manufactures a wide variety of optical sorter equipment. Buhler Sortex is one of the most trusted brands in optical sorting and is recognized for technical excellence, product innovation, and engineering leadership. The company has installed over 25,000 optical sorter machines across the globe. The company has a wide geographic presence and delivers optical sorting applications to customers. The key strategy adopted by the company is product launches and acquisitions. The company strongly focuses on R&D activities. The company collaborates closely with its partners from the world of science, industry, and the public sector to create the solutions.

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. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

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USA: 1-888-600-6441

 

Leading Players in Building Automation Systems Market

 

Building automation systems are used to automate and control heating, ventilation, and air-conditioning systems; lighting systems; and other systems installed in buildings to increase the comfort, safety, security, and convenience of occupants and make buildings energy-efficient.

The building automation system market is consolidated, with APAC being the leading region in this market. The major players operating in building automation system market are Johnson Controls (Ireland), Schneider Electric (France), Carrier (US), Siemens AG (Germany), and Honeywell International (US). Strong distribution networks, diverse product portfolios, and a strong brand image are some of the reasons for the large shares of these companies in the overall building automation system market. The global building automation system market size is projected to grow from USD 73.5 billion in 2021 to USD 112.1 billion by 2026.

Johnson Controls (Ireland), Schneider Electric (France), Carrier (US), Siemens AG (Germany), and Honeywell International (US) are the leading players in the building automation system market.

Honeywell International (Ireland)

Honeywell International is a Fortune 100 company that develops technologies for addressing critical challenges related to energy, safety, and security applications. It is a leading global provider of products, software, solutions, and technologies that help homeowners to stay connected and in control of their comfort, security, and energy consumption. Honeywell International operates through four business segments—Aerospace, Honeywell Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The company sells building automation systems through its Honeywell Building Technologies and Safety and Productivity Solutions business segments. Through these two segments, it offers products and services such as controls and displays for heating, cooling, indoor air quality maintenance; ventilation; humidification; combustion; lighting; and home automation applications.

Johnson Controls (US)

Johnson Controls offers security, fire detection, suppression, and life safety products and services. The products of the company are sold under the following brand names: Tyco, Simplex, Grinnell, Sensormatic, Ansul, Simplex, Scott and ADT, Software House, Visonic, Chemguard, and Exacq. In September 2016, the company merged with Tyco to move into the home security system business, with ~56% equity in advanced home security systems. The company offers building automation systems through all of its four business segments. Its building automation systems help in connecting commercial HVAC, lighting, and security and protection systems with each other, enabling them to communicate on a single platform to deliver the required information.

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Carrier (US)

Carrier is a leading provider of heating, ventilating, air conditioning (HVAC), refrigeration, fire, security, and building automation products, solutions, and services. Carrier used to operate as a part of United Technologies Corporation; however, in March 2020, it was set up as an independent company. Carrier operates through 3 business segments—HVAC, Refrigeration, and Fire & Security. The products and services related to building management systems offered by the company are used by governments, financial institutions, architects, building owners and developers, security and fire consultants, homeowners, etc., that require a high level of security and fire protection for their businesses and residences.

Other companies involved in the building automation system market are Schneider Electric (France), Siemens AG (Germany), Robert Bosch (Germany), Legrand (France), Hubbell (US), ABB (Switzerland), and Trane Technologies (Ireland).

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. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Market Leader – Gas Sensors Market

 

The global gas sensors market is expected to grow from USD 1.1 billion in 2021 to USD 1.5 billion by 2026; it is expected to grow at a CAGR of 7.0% during 2021–2026. Key factors fueling this markets growth include high demand for gas sensors in critical industries, formulation and implementation of various health and safety regulations globally, increasing integration of gas sensors in HVAC systems and air quality monitors, increasing air pollution level and need for air quality monitoring in smart cities, and increased demand for gas sensors in healthcare industry during COVID-19 pandemic. Deployment of IoT, cloud computing, and big data with gas sensors, growing adoption of gas sensors in consumer electronics, and increasing demand for miniaturized wireless gas sensors create a strong demand for gas sensor for efficient industrial operations in the midst of COVID-19.

Key players in the gas sensor market comprise companies operating at different stages of the value chain. These include Honeywell Analytics (UK), MSA Safety Inc. (US), Amphenol (US), Figaro Engineering (Japan), Alphasense Ltd.(UK), Sensirion AG (Switzerland), Dynament Ltd. (UK), ams AG (Austria), MEMBRAPOR AG (Switzerland), and Senseair AB (Sweden). Many of these companies focus on adopting both organic and inorganic growth strategies, such as product launches and developments, partnerships, expansions, acquisitions, and collaborations to strengthen their position in the market.

Top 2 players in gas sensor market:

Honeywell Analytics (UK) is a combination of different gas detection companies acquired by Honeywell International, Inc. (Honeywell) since 2005. The company offers sensors for the detection of gases such as oxygen, carbon monoxide, ammonia, hydrogen sulfide, nitrogen dioxide, hydrocarbons, methane, hydrogen, chlorine, and dioxides. The company offers industrial fire and gas systems, portable gas detection systems, flame and centralized gas monitoring systems, and systems used in commercial building environments.

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Amphenol (US) is among the leading providers of advanced sensing technologies and innovative embedded measurement solutions. In October 2016, Amphenol acquired SGX Sensortech, which is an important player in the gas sensor business. SGX Sensortech offers gas sensors for sensing gases, such as carbon mono oxide, carbon dioxide, oxygen, hydrocarbon, and methane, which are used in various industries such as automotive, mining, and building automation. Amphenol offers gas sensors for CO2 under its product portfolio.

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. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Market Leadership - Display Market

 

The global display market size was valued at USD 148.4 billion in 2021 and is projected to reach USD 177.1 billion by 2026. It is expected to grow at a CAGR of 3.6% during the forecast period. Surging adoption of OLED displays in various applications, increasing use of LED displays for video wall, TVs, and digital signage applications, growing demand for interactive displays in various applications, and rising demand for display-based medical equipment, including ventilators and respirators, due to COVID-19 pandemic are the key driving factors for the display market.

The display market comprises major players such as Samsung Electronics (South Korea), LG Display (South Korea), Sharp (Foxconn) (Japan), Japan Display (Japan), Innolux (Taiwan), NEC Corporation (Japan), Panasonic Corporation (Japan), Leyard Optoelectronic (Planar) (China), BOE Technology (China), AU Optronics (Taiwan), and Sony (Japan). These top players have strong portfolios of display products and presence in both mature and emerging markets.

Samsung Electronics is a leading developer and manufacturer of electronics and computer peripherals. The company operates through four business segments, namely, Consumer Electronics (CE), Information Technology & Mobile Communications (IM), and Device Solutions (DS), which comprises semiconductor, DP, and Harman. The consumer electronics (CE) segment comprises cable television, monitor, printer, air-conditioners, refrigerators, washing machines, and medical devices, whereas information technology & mobile communications (IM) comprises handheld products, communication systems, computers, and digital cameras. The device solutions business division comprises memory systems, large-scale integrated circuits, and light emitting diode. The Display Panels division designs and manufactures LED-LCD, QD-LCD, and OLED display panels. The Consumer Electronics (CE) and IT & Mobile Communications (IM) divisions fall under Samsung Research, which is the advanced research and development (R&D) hub of Samsung Electronics. The hub leads the development of future technologies with more than 10,000 researchers and developers working in overseas R&D centers.

Samsung maintained its leading position in the TFT-LCD flat panel display market in the past; it has consistently introduced products with high resolution, low power consumption, low cost, and high yield rate. With the demand for OLED displays having grown rapidly, the company has captured a majority of the market owing to its technological expertise and quick expansion of production capabilities. It is focused on developing display solutions for evolving use cases such as wearable and flexible devices and automotive systems. Samsung has enhanced its smart signage product portfolio by developing all-in-one software solutions that cover customer needs, including content creation and scheduling, interactive e-board presentations, and in-house hotel media management.

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LG Display is a leading player in the LCD display segment. It has expanded its manufacturing capabilities in recent years by installing new manufacturing plants for LCD and OLED panels. Recently, the company set up a new development center in China. LG Display offers a wide range of display panels for televisions, smartphones, tablets, desktop computers, automobiles, and smart wearables. It is focused on offering cost-competitive display products and maintains stable and long-term relationships with its customers. The company is more focused on the development of automotive OLED display panels for autonomous cars.

LG Display has the largest global market share for large-size TFT-LCD panels. It uses technologies such as film-type patterned retarder (FPR), advanced high-performance in-plane switching (AH-IPS), and organic light-emitting diode (OLED) to develop display panels. The company manufactures display panels for televisions, desktop monitors, notebook computers, tablet computers, mobile, and other applications (industrial, entertainment systems, automobiles, portable navigation devices, medical diagnostic equipment, etc.). It undertakes continuous research & development and investment in next-generation displays such as flexible and transparent displays.

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. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

How big is the opportunity for the Digital printing market?

 

The digital printing market size is expected to grow from USD 24.8 billion in 2021 to USD 34.3 billion by 2026, at a CAGR of 6.7%. Growing demand for sustainable printing and developments in packaging and textile industries are the key factors driving the growth of the digital printing market.

Which are the recent industry trends that can be implemented to generate additional revenue streams?

Increasing demand from in-plant market will create lot of opportunities for the market.

Who are the major players operating in the Digital printing detection market? Which companies are the front runners?

Hewlett-Packard Development Company, l.P. (US), Canon, Inc. (Japan), Ricoh Company, Ltd. (Japan), Mimaki Engineering Co., Ltd. (Japan), Roland DG Corporation (Japan), Xerox Corporation (US), Seiko Epson Corporation (Japan), Durst Phototechnik AG (Italy), Electronics for Imaging, Inc. (US), Inca Digital Printers Limited (UK), Printronix (US), Brother Industries, Ltd. (Japan), Oki Electric Industry (Japan), Kyocera Corporation (Japan), Toshiba (Japan), Samsung Electronics (South Korea), Konica Minolta (Japan), Sharp (Japan), Panasonic (Japan), GCC (Taiwan), ID Technology (US), Neuralabel Printing Solutions (US), Dalemark Industries (US), Inkcups (US), and Rena Systems (US)). are some of the major vendors in the market.

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What are the major Ink types in Digital printing market?

UV-cured, Aqueous and solvent are major ink types of Digital printing market.

Which substrate type will have a major impact in the digital printing market?

The market for textile substrate is estimated to grow at higher CAGR during the forecast period. Textile printing is a technique of applying color to fabrics in a particular design and pattern. The increasing preference of consumers toward high-quality textile printing is a key factor that drives the market growth. Digital textile printing exemplifies the futuristic technologies capable of manufacturing durable inks, thus maximizing the overall efficiency. It has advantages such as higher reliability, longer print life, and cost reduction. The major driver for textile printing is the growth of the apparel industry. The apparel industry is closely tied with the fashion industry, which is always evolving. Printed apparels are hugely popular among people, particularly millennials. In fact, many websites provide customized printed apparel on demand. .

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. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Sports Technology Market by Technology, Sports and Geography | COVID-19 Impact Analysis | MarketsandMarkets

 

The global sports technology market was valued at USD 17.9 billion in 2021 and is expected to reach USD 40.2 billion by 2026, at a CAGR of 17.5% between 2021 and 2026. In the recent years, professional sports bodies have adopted new technologies such as sports data analytics, smart stadiums, wearable devices, and digital signage to enhance their team performance, engage fans, and provide smart infrastructures. Smart stadiums are among the key global trends owing to the increase in the number of sports events being held worldwide.

Impact of COVID-19 on sports technology market

As the effects of the COVID-19 continue to ripple through the health, educational, financial, and commercial sectors of the world, the sports ecosystem is no different. The nonstop sports activities worldwide came to a halt owing to the outbreak and the spread of the virus. Euro2020 postponed the completion of domestic leagues. Most national/international sports leagues and competitions were postponed, with the French and Dutch leagues canceled. Every stage of the sports value chain has been affected, right from athletes, teams, and leagues to the media that broadcast and cover games and brands and sponsors that use these events for advertising. Eventually, the sports industry resumed its activities in late 2020 with some alterations, including the non-participation of fans in sports arenas. With the COVID-19 still prevailing across the world, athletes played in empty arenas, and technologies were used for offering an enhanced viewing experience to fans. Different leagues and sports used different methods to enhance the engagement of fans. An increase in live updates, social media updates, additional camera angles, and use of VR headsets led to enhanced viewing experience and engagement for fans.

“The market for sports analytics is expected to grow at the highest CAGR from 2021 to 2026.”

Sports analytics play an important role in the functioning of sports organizations. In the recent past, sports analysis was carried out by coaches and experts during practice/training sessions and live matches and tournaments. Advancements in sports technologies have enabled sports organizations to take improved decisions related to their teams and business operations. It is one of the primary drivers for the evaluation of the sports sector. The increasing adoption of social media platforms by fans for blogging and posting reviews is also expected to drive the demand for sports analytics across the world.

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“American Football/ Rugby market expected to grow at the highest CAGR during the forecast period.”

The use of IoT-enabled devices in rugby games allows coaches and players to make decisions based on real-time game insights, design training sessions tailored to cater to the individual requirements of players, and enable them to implement intelligent strategies against each opponent. Moreover, Sansible Wearables offers LiveSkin for rugby players. These are intelligent sensors, which are fitted to the shoulder pads of players to collect collision metrics during both training sessions and games. They offer an improved understanding of the way players tackle their opponents and their effect on the performance and health of players

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. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Key players in the Digital Printing Market

 

The digital printing market size is expected to grow from USD 24.8 billion in 2021 to USD 34.3 billion by 2026, at a CAGR of 6.7%. Growing demand for sustainable printing and developments in packaging and textile industries are the key factors driving the growth of the digital printing market.

The digital printing market is highly competitive owing to the presence of a large number of regional and global players. The key players are focusing on enhancing their product portfolios and increasing market share through strategies, such as product launches, collaborations, acquisitions, and divestments. Many market players adopted product launches as their key business strategy.

HEWLETT-PACKARD DEVELOPMENT COMPANY, L.P. (US):  HP offers products, technologies, software, solutions, and services worldwide. It is a global provider of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services. HP provides printers, scanners, digital cameras, calculators, personal digital assistants (PDA), servers, workstation computers, and computers for home and small businesses. The company has a large end-user base, including sectors such as government, healthcare, education, and consumer electronics.

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Canon (Japan): Canon is one of the largest manufacturers of electronic peripherals, printers, cameras, and photocopying machines. It offers a range of high-performance, high-image-quality industrial equipment, starting from production printing systems to semiconductor lithography equipment and next-generation nanoimprint lithography systems. Canon works in close collaboration with various group companies and alliance partners to deliver optimal solutions tailored to match customers’ business operations.

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. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441