Thursday, 10 January 2019

Teledyne Leeman Labs (US) and Tekran (Canada) are the Top 2 Players in the Mercury Analyzer Market

The mercury analyzer market are driven by several factors, such as increased number of regulations pertaining to environment protection, active participation of government and regulatory bodies to monitor environmental conditions, and increased government funding for pollution monitoring and control. The mercury analyzer market is likely to grow from USD 224.6 Million in 2018 to USD 315.1 Million by 2023, at a CAGR of 7.0% during the forecast period.

Countries such as China, Japan, and India are the major revenue contributors to the mercury analyzer market in APAC. The market in APAC has high growth potential. The demand for mercury analyzer in APAC is significantly driven by stringent regulations pertaining to environment protection, along with active participation of government and regulatory bodies to monitor environmental conditions.

Top 2 players in mercury analyzer market

Teledyne Leeman Labs (US) held a leading position in the global mercury analyzer market in 2017. Teledyne Leeman Labs is a subsidiary of Teledyne Analytical Instruments.  Teledyne Leeman Labs offers analytical instrumentation for elemental analysis including inductively coupled plasma (ICP) spectrometers, mercury analyzers, including cold vapor atomic absorption (CVAA), cold vapor atomic fluorescence (CVAF), atomic absorption with thermal decomposition, and DC Arc spectrometers for solid sample analysis. The company offers various types of mercury analyzers used in environmental monitoring of air, water, and soil samples; food industry; healthcare industry, and others. It also has a strong global presence and robust supply chain. The company has a strong product portfolio of mercury analyzers. In December 2014, the company introduced their new line of mercury analyzers by unifying Hydra II mercury analyzers with the QuickTrace mercury analyzers. Teledyne Leeman Labs has sales and service subsidiaries worldwide. The company earns its major revenue share from the US and Canada. APAC is the most lucrative market for mercury analyzers; thus, the company is expected to tap the market in this region.  The company is expected to adopt inorganic growth strategy to expand its foothold in APAC during the forecast period.


Tekran (Canada) was founded in 1989 and has its headquarters in Toronto. It held the second position in the mercury analyzer market. Tekran Instruments Corporation operates as a subsidiary of TSI Incorporated. The company is a leading manufacturer of advanced systems for ambient air and laboratory analysis. The company is well known for the accuracy and dependability of its products. The company also offers products for the measurement of mercury levels. The company offers a wide variety of mercury analyzer series that comes under environmental measurement solutions. The company’s product line include speciating mercury CEM, automated water analysis systems, CVAFS mercury detectors, mercury vapor analyzers, mercury speciation units, particulate mercury units, accessories, heated cartridge samplers, and calibration units. The company’s products are used for mercury measurement applications, including continuous monitoring of smoke stack emissions and ambient air levels, landfills and waste incinerators, mobile surveying of industrial sources, monitoring of levels in urban locations, and seismic forecasting through the detection of increased ground emissions. In August 2017, the company introduced Tekran 2537Xi-NG natural gas mercury monitor. This analyzer is specifically designed to accommodate analytical requirements for natural gas methods ASTM D6350 and ISO 6978. The company also provides customized solutions for the flue gas mercury control. The company markets its products through direct sales and a network of representatives in the US, Canada, Europe, South America, and internationally.

Other major companies in the mercury analyzer market are Thermo Fisher (US) , PerkinElmer (US), Milestone (US), Analytik Jena (Germany), Nippon Instruments (Japan), Hitachi High-Technologies (Japan), Mercury Instruments (Germany), Lumex Instruments (Canada), Brooks Rand Instruments (US), Buck Scientific (US), Northern Arizona University (US), LECO Corporation (US), and Hiranuma Sangya (Japan).

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Market Leadership - Wearable AI Market

The wearable AI market is projected to reach USD 42.4 billion by 2023 from USD 11.5 billion in 2018, at a CAGR of 29.75% during the forecast period. Major growth drivers are increase in demand for AI assistants, augmentation of operations in healthcare industry, emergence of IoT and integration of wireless technology, growth prospects of wearable component technology, and increase in consumer preference and demand for advanced wearable devices.

Key players in the wearable AI market include Apple (US), Samsung (South Korea), Google (US), Microsoft (US), Sony (Japan), Garmin (US), Fitbit (US), Huawei (China), Amazon (US), IBM (US), and Oracle (US). Product launches and developments, and partnerships and collaborations were the key strategies adopted by players to grow in the wearable AI market from 2014 to 2017.

Top 2 players in the wearable AI market:

Apple has been at the top position because of its existing market share in consumer electronics and high financial power. The company’s strong market position characterized by its strong brand equity coupled with technical expertise and broad offerings in the wearable AI market. Well-established market with large customer base and community imparts a significant competitive edge. The company manufactures its wearable devices and supports them with its own OS, AI solutions, and services. The company is self-sufficient in all the possible ways. With leading innovations in devices, controls, sensors, data analytics, and advanced solutions, the company focuses on opportunities in the wearable AI industry. Also, the company is financially stable with a sound liquidity position. This enables the company to make huge strategic investments in different types of emerging technologies such as artificial intelligence and machine learning. For instance, in June 2018, the company updated the Apple watch with watchOS5. The company introduced new activity and communication features such as auto workout detection, Wi-Fi, and cellular connectivity with the launch of watchOS.


Samsung ranked second in the market. The company is one of the leading providers of wearable technologies. Along with better sensing technologies in wearable, the company has been consistently focusing on developing AI technologies and bringing innovative wearable devices to the market. To grow their customer base and overall business revenue, the company largely adopts product launch as its main business strategy.  For instance, in March 2017, the company launched its own voice-powered digital assistant called Bixby in competition with different virtual assistants from Apple, Amazon, and Google. Presently, Samsung is aggressively expanding its R&D facilities and investments specifically dedicated to AI with a launch of new research centers in the UK, Canada, and Russia to accelerate the development of AI technologies. Furthermore, the company faces intense competition for wearable products in different subcomponents, which includes operating systems (OS), and hardware from companies such as Google, Sony, and Apple. By focusing more on wearable devices and operating systems on smartphones, the Samsung Group manages to reduce the costs of wearable devices largely.

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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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FPGA Market Size, Share, Growth | Industry Analysis Report, 2018-2023

The FPGA market is expected to be valued at 5.83 Billion in 2017 and is projected to reach USD 9.50 Billion by 2023, at a CAGR of 8.5% between 2017 and 2023. The growth of this market is propelled by the growth of IoT and reduction in time-to-market.

Telecommunications held the largest size of the FPGA market in 2016. This vertical contributes significantly to the economy of most of the countries and includes both wired and wireless communications; 3G, 4G LTE, and 5G services are widely adopted across the world, mostly in North America and APAC. Moreover, the number of internet users has increased even in the rural areas. The automotive vertical held the second-largest market share in 2016.

The market for low-end FPGAs dominated in 2016 owing to its low cost and several measures were taken up by some of the competitors to integrate these FPGAs with high-performance capabilities. The low-end FPGAs are used in automotive, consumer, display, industrial, military, video and image processing, and wireless application areas.


SRAM-based FPGAs dominated the FPGA market in 2016. SRAM-based FPGAs can be developed via the latest technology nodes that require less cost per transistor and more transistors per wafer. SRAM-based FPGAs are reconfigurable, therefore new designs and ideas can be implemented readily. No extra processing steps are required as SRAM cells are manufactured using the same CMOS technology as the rest of the device. These advantages are expected to drive the market for SRAM-based FPGAs.

Market players such as Xilinx (US), Intel (US), Lattice Semiconductor (US), Microsemi (US), and QuickLogic (US) are focusing on product launches and developments, mergers, acquisitions, and collaborations to enhance their product offerings and expand their business.

The lack of standardized verification techniques is one of the major challenges witnessed by the FPGA market. The existing verification techniques, such as constrained-random and coverage-driven simulation, formal property checking and assertion-based verification were introduced 15 years ago. As the FPGA technology has become technologically efficient in terms of size, performance, and power, there is a need for superior verification techniques. However, a new verification process suitable for such advancements has not yet emerged in the market. Therefore, the process of reducing the development cycle of FPGAs increased the demand for better verification techniques.

About MarketsandMarkets™

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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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Document Management Systems Market | Growth, Trends, and Forecast (2018–2023)

The document management systems market is expected to reach USD 6.78 Billion by 2023 from USD 3.59 Billion in 2017, at a CAGR of 11.17% during the forecast period. Growth in this market is mainly driven by factors such as the increasing need to streamline business operations, benefits of digitalizing content across enterprises, and the increasing need to adhere to compliance requirements.

Document management systems are mainly used for the storage and retrieval of self-contained electronic data sources in the document form. These systems are designed to help organizations manage the creation and flow of documents through a centralized repository. Document management systems play a pivotal role in sourcing, monitoring, and managing content and extracting intelligible strategic business insights from the voluminous content generated by enterprises. Owing to this, there is an increased demand for document management systems mostly among enterprises as data is regarded as a corporate asset in enterprises.


In this report, the size of the document management systems market has been arrived at based on segments such as offerings, deployment mode, organization, applications, and regions. Depending on the organization, document management systems can be installed in both small and medium-sized enterprises (SMEs) as well as large enterprises. Based on deployment mode, the market is further segmented into on-premise, cloud-based, and hybrid models. On the basis of applications, the market is further classified into banking, financial services, and insurance (BFSI); government; healthcare; education; corporate; industrial manufacturing; retail; and other applications.

On the basis of geography, the document management systems market has been segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). The market in APAC is expected to grow at the highest CAGR during the forecast period. Market growth can be attributed to several initiatives by the governments as well as private and public sectors in APAC. Moreover, the presence of major players in the document management systems ecosystem results in the increasing adoption of these systems in APAC. However, the high cost of implementation is a major restraint for the market.

Key players in this market focus on inorganic strategies such as mergers and acquisitions to expand their business and related offerings. In January 2017, OpenText Corporation (Canada) acquired the enterprise content division of Dell EMC.

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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Wednesday, 9 January 2019

3-Axis CNC Machine Expected to Dominate CNC Controller Market

3-axis CNC machines are projected to account for the largest share of the global CNC Controller market during the forecast period. The implementation of these machines in the manufacturing of parts improves speed and accuracy of the production process. However, the market for controllers in 5-axis CNC machines is expected to witness higher growth between 2017 and 2023. Controllers are used in 5-axis CNC machines for manufacturing complex machine parts in critical industries such as aerospace and defense. They enable the manufacturing of critical aircraft components more accurately.

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The CNC market ecosystem comprises raw material suppliers, component manufacturers, system integrators, and distributors. FANUC Corporation (Japan), Mitsubishi Electric Corporation (Japan), and Siemens AG (Germany) are the leading players in the CNC controller market. Furthermore, key players in the CNC machine market are Bosch Rexroth AG (Germany), DMG MORI CO., LTD. (Japan), Fagor Automation (US), Haas Automation, Inc. (US), Hurco Companies, Inc. (US), Okuma Corporation (Japan), Wuhan Huazhong Numerical Control Co., Ltd. (China), and Yamazaki Mazak Corporation (Japan).

The automotive industry is projected to account for the largest share of the overall controller market during the forecast period. CNC controllers play a key role in the development and production of quality automobile components. Innovations in the assembly line methods are welcomed by vehicle manufacturers to enhance quality and increase factory productivity. Furthermore, increasing need for safety and reliability in the aerospace and defense industry has encouraged manufacturers to adopt advanced CNC controllers in machines that are capable of multiaxis movement. This is expected to drive the growth of the market for CNC controllers in the aerospace and defense industry during the forecast period.

APAC held the largest share of the overall CNC controller market, and the market growth is attributed to the growing manufacturing sector in the region. Furthermore, continuous advancements and technological innovations in various industries; economic development in China, Japan, and India; growing infrastructural developments in other countries in Southeast Asia; and increasing foreign investments in this region drive the market growth. Additionally, the large-scale industrialization and urbanization are fueling the growth of the market in APAC.

About MarketsandMarkets™

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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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Asset Management System Market Size Estimation Methodology: Bottom-Up Approach

Asia-Pacific (APAC) is expected to grow at the highest growth rate in the asset management system market and would be led by China and India. The transition toward organized retailing, multifold growth of ecommerce, induction of more healthcare facilities, and automation in the manufacturing industry are some of the factors expected to drive the growth of the market in the APAC region.

The asset management system market is expected to reach USD 25.55 Billion by 2022, at a CAGR of 15.17% between 2016 and 2022. The growth of the market is propelled by factors such as optimum resource utilization offered by efficient asset tracking and management and reduced maintenance downtime owing to deployment of relevant solutions such as Real-Time Location System (RTLS), Radio-Frequency Identification (RFID), barcode, and Global Positioning System (GPS).

RTLS solutions available in the market based on different technologies are wireless fidelity (Wi-Fi), ultra- wide band (UWB), Infrared, Bluetooth LE, and Ultrasound among others. The customer could choose an asset management solution according to their requirement. Moreover, the advent of wireless technology has made it possible to deploy these solutions wirelessly. RTLS enable an organization to control and monitor its resources such as personnel and machine across the premises in real time. Furthermore, quick turnaround and return of investment (ROI) in less than two years is realized for a typical project. Considering these factors, the asset management system market for RTLS solutions is expected to exhibit the highest growth rate in comparison to other solutions.


Barcode scanners have existed in the market since a long time and play a key role in the area of auto identification and data capture. Barcode solution is a labor intensive technology but could be implemented at a much lower cost than other solutions. Industrial stationary scanner is expected to drive the barcode solution segment owing to the demand for machine visions system for automated inspection and identification in the production process across many industries.
The retail industry is estimated to hold the largest share of the asset management system market in 2016 owing to adoption of barcode and RFID solutions for in-store retail automation and supply chain visibility. Passive ultra high frequency (UHF) tags are widely adopted in merchandise tagging, while barcode scanners are used to read loyalty cards, one-dimensional (1D) barcode, and two-dimensional (2D) barcodes.

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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Security and Access Control Systems to Dominate the Building Automation System Market

The security and access control systems are expected to hold the largest size of the Building Automation System Market during the forecast period. Security and access control systems have become an integral part of the safety and security of the buildings and their occupants. This has revolutionized the building security and has eliminated the human interventions. These are installed in buildings to increase the security level, monitor the activities, and keep a record of people entering and exiting the buildings. These systems are used in several businesses to protect the assets, staff, and information, monitor the activities, as well as control the access to the building.

The major restraints faced by the companies in the market include the high cost of implementation, technical difficulties, and lack of skilled experts. The major vendors in the Building Automation System Market include Honeywell International Inc. (U.S.), Siemens AG (Germany), Johnson Controls International PLC (Ireland), Schneider Electric SE (France), United Technologies Corp. (U.S.), Robert Bosch GmbH (Germany), Legrand SA (France), Hubbell Inc. (U.S.), ABB Ltd. (Switzerland), Ingersoll-Rand Plc (Ireland), Lutron Electronics Co., Inc. (U.S.), Crestron Electronics, Inc. (U.S.), and BuildingIQ (U.S.). These players have adopted various strategies such as new product launches and developments, mergers, partnerships, collaborations, and expansions to cater to the needs of their customers.

The overall Building Automation System Market in APAC is expected to grow at the highest rate between 2017 and 2022. The rapid growth of the construction industry in this region, along with the government initiatives, has contributed to the growth of the BAS market in APAC. The North America held the largest share of the BAS market in 2016. The rising need for energy management along with the increasing demand for green homes has resulted in the growth of the market in North America. The commercial and residential applications hold the largest share of the North American BAS market, and the demand of BAS for these applications as well as the growing demand from the industrial application is likely to fuel the BAS market in North America.


This report covers the BAS market segmented on the basis of communication technology, application, offering, and region. The wired communication technology held a larger size of the BAS market in 2016. In terms of application, commercial application held the largest size of the BAS market in 2016. The increased rate of implementation of BAS in large shopping complexes, office buildings, and public transport areas such as airports and railway stations is encouraging the growth of the BAS market for commercial application.

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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