The increasing number of renewable power generation projects and energy efficiency mandates are key factors expected to drive the Digital Utility Market
Technical developments are important for the digitization of industries, mainly the power industry. The power industry is increasingly identifying the importance of digital technologies, which is expected to expand the market during the forecast period. Businesses have recognized the returns of digitalization and are now concentrating on two important aspects: customer guarantee and advancement of efficiency. Among the many standards across various industries for digital consumer experience, mobility is crucial. For instance, in the banking industry, mobile banking has changed the customer experience. Many users rely entirely on smartphones to carry out critical banking activities on the go.
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The increasing number of renewable power generation projects and energy efficiency mandates are key factors expected to drive the digital utility market. Furthermore, smart meters provide energy suppliers with the exact details of each customer’s generation and consumption of power. On this basis, tailored products can be developed, such as demand-response programs, which award discounts and rebates to customers, allowing utilities to control their heating and cooling. Many utilities offer solutions for networked energy management that comprise remote control of buildings. Utilities can use statistics from smart meters to apprehend requirements of additional applications in new business areas, alone or with partners. National governments are launching smart city initiatives that are aimed at promoting technical innovation and systematic applications of Internet of Things in urban landscapes. However, cyber security in the power and utilities sector is expected to be a major threat and is estimated to hamper the digital utility market.
The global digital utility market can be segmented based on deployment, technology, network, industry, and geography. In terms of deployment, the digital utility market can be classified into on premise, hybrid, and cloud. The cloud segment is projected to expand at a considerable CAGR due to the increasing usage of cloud-based applications. Based on technology, the digital utility market can be segregated into hardware and integrated solutions. Integrated solutions are further classified into services and software. The hardware segment is anticipated to dominate the market during the forecast period as hardware is majorly used in equipment such as smart transformers and smart meters. Based on network, the digital utility market can be classified into generation, retail, transmission and distribution. The transmission and distribution segment is anticipated to hold the largest market share during the forecast period due to the rise in monitoring and management of electric transmission and distribution systems. In addition, the retail segment is anticipated to expand at the highest growth rate due to the fact that with the help of customer data analytics, energy suppliers can increase cross selling and up selling. Based on industry, the digital utility market can be classified into banking, financial services, and institutions, retail, power and utility, healthcare and others
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In terms of geography, the global digital utility market can be segmented into North America, South America, Asia Pacific, Europe, and Middle East & Africa. The digital utility market in North America is anticipated to expand at a substantial growth rate during the forecast period. This is due to upgrade of old infrastructure and growing demand for electricity in the region. However, Asia Pacific is expected to be a profitable digital utility market. This is due to improved network connectivity, fast technological advancement, and high adoption percentage of digital services.
The global digital utility market is characterized by the presence of several key players. Major players of the market compete with other players based on features such as price and quality. Key players operating in the global digital utility market include Accenture PLC, Capgemini SA, International Business Machines Corporation, ABB Ltd., Eaton Corporation Plc, General Electric Company, Schneider Electric SE, and Oracle Corporation.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Postal Automation Systems Market - Top players are Siemens AG, Toshiba Corporation, NEC Corporation, Pitney Bowes India Private Limited
A postal automation system is an intelligent solution for effective and parcel sorting and bringing mails from the sender to the recipient reliably and quickly. Postal automation systems include mail sorting systems, parcel sorting systems, postal software, and automatic reading and coding systems. Currently, the volume of parcels and packages is continuously on the rise, primarily due to increasing online shopping by end-users. Thus, the demand for efficient and reliable solutions for sorting parcels and delivering them to the recipient on time is increasing. Postal automation systems simplify the complete mail processing chain from pre-sorting to sequencing. These systems reduce fixed costs and improve the quality of service. They also help improve profitability, quality, and competitiveness. Postal automation systems require regular servicing of hardware, upgrade of software, and periodic maintenance. These systems reduce the manual mailing, which leads to reduced labor costs.
The global postal automation systems market is primarily driven by increasing need for delivery of parcels and automated sorting in the postal sector. This is primarily because the traditional postal system has several disadvantages such as human errors, higher processing time required, and higher manpower required. Additionally, increasing demand for industrial automation is expected to boost the demand for postal automation systems across the world during the forecast period. Moreover, growth of the e-commerce industry and increase in labor costs are further fueling the demand for postal automation systems worldwide. Furthermore, rise in the volume of parcels and packages is a major factor driving the global postal automation systems market. Rising demand for quicker delivery of parcels from end-users is another key factor anticipated to boost the demand for postal automation systems across the globe from 2019 to 2027. However, high maintenance costs, decreasing volume of traditional mails, and challenges in terms of operation and design are restraining the global market. On the other hand, evolution of IoPT (Internet of Postal Things) is a major factor that is expected to create lucrative opportunities for the market between 2019 and 2027.
The global postal automation systems market can be segmented based on component, product, technology, application, and region. Based on component, the market can be segregated into software, hardware, and services. The services segment can be sub-divided into maintenance & repair, training & consulting, and software upgrades & technical support. In terms of product, the global postal automation systems market can be divided into mail sorting systems, parcel sorting systems, postal and parcel software, and automatic reading and coding systems. Based on technology, the market can be categorized into letter sorters, culler facer cancellers, mixed mail sorters, parcel sorters, and flat sorters. In terms of application, the global postal automation systems market can be classified into express, courier & parcel, and government postal.
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In terms of region, the global postal automation systems market can be segmented into Europe, North America, Middle East & Africa, South America, and Asia Pacific. The market in North America is projected to expand at a substantial growth rate during the forecast period. This is primarily due to presence of major CEP and postal companies in the region. The market in Asia Pacific is expected to expand significantly during the forecast period. The region is estimated to offer significant opportunities to the postal automation systems market in the near future. Growth of the e-commerce industry in China, Japan, and India and technological advancements in the postal & parcel automation industry are propelling the demand for postal automation systems in Asia Pacific. This, in turn, is driving the adoption of postal automation systems in the region.
Major players operating in the global postal automation systems market are Siemens AG, Toshiba Corporation, NEC Corporation, Pitney Bowes India Private Limited, Solystic SAS, Vanderlande Industries B.V., Fives Group, Leonardo S.p.A., Lockheed Martin Corporation, and Beumer Group.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Microwave Transmission Equipment Market - Top players are Nokia Corporation (Finland), Ericsson AB (Sweden), Anritsu Electric Corporation
Microwaves are electromagnetic waves having wavelengths between the range of one millimeter (mm) to 1000 mm and frequency between the ranges of 300 megahertz (MHz) to 300 gigahertz (GHz). The frequencies are generally classified based on the Institute of Electrical and Electronics Engineers (IEEE) radar band designations, namely S band, C band, X band and K band among others. Microwaves have relatively smaller wavelength, when compared to regular radio waves. Microwave communication is similar to radio communication and consists of data transmission wirelessly. Transmissions of microwaves are done with the aid of various types of equipment such as antennas, multiplexers, modulators, transmitters and receivers among others. Microwave transmissions are mostly done for point-to-point communication links. The higher range of microwaves often gets absorbed by the atmospheric gases and hence leads to relatively low communication distances. Additionally, microwaves don’t diffract around obstructions or reflect from the earth’s atmosphere. Hence these microwave transmission equipment are designed for various different types of communications modes. Microwaves are also utilized in the healthcare industry, where the microwave transmission equipment are different in nature. Modern microwave transmission equipment offers several new features such as better channel capacity, owing to higher packet compression, higher number of topology support, and scalable multichannel microwave links among others.
Microwave transmission equipment market is primarily being driven by their growing application for communications, in telecommunications and aerospace sectors. Microwave can be utilized for point-to-point communication links, radar, satellite communication, and remote sensing among others. Such applications have been promoting the growth of the microwave transmission equipment market. Additionally, the higher penetration of internet and growing demand for high speed internet has also been instrumental in the demand growth for microwave transmission equipment. Currently, the huge growth in demand for 4G internet has been instrumental in the growing demand for these equipment in emerging economies. Furthermore, the growing demand for industrial and home automation has also been strongly supporting the growth of the microwave transmission equipment market. However, the huge growth in demand for internet and internet of things (IOT) connected devices is not efficiently supported by the traditional microwave-based networks. While modern microwave transmission equipment can efficiently support such demand, compatibility issues with the legacy systems has been the major restraining factor for higher adoption of these equipment. This in turn has been restraining the growth of the microwave transmission equipment market to some extent. Considering the penetration of advanced microwave transmission equipment, and higher adoption of such equipment, the market can be expected to grow at a very fast pace, during the forecast period, from 2017 – 2025.
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On the basis of components, the microwave transmission equipment market has been segmented into antennas, indoor units, outdoor units, aggregation units, cable & accessories and others. By mounting type, the global market for microwave transmission equipment have been segmented into full indoor mounting, full outdoor mounting and split mount. Based on application of microwave transmission equipment, the market has been segmented into cellular communication, satellite communication, radio communication, radar, satellite communication and others. The global market for microwave transmission equipment, by region, has been segmented into five major regions. They are North America, Europe, Asia Pacific (APAC), South America and Middle-East & Africa (MEA). Asia Pacific had the largest market share in 2016, owing to factors such as high penetration of internet, huge growth of telecommunications industry and strong growth of telecommunication infrastructure among others.
The major companies of the microwave transmission equipment market globally are Nokia Corporation (Finland), Ericsson AB (Sweden), Anritsu Electric Corporation (Japan), Huawei Technologies Co., Ltd. (China), NEC Corporation (Japan), Dragonwave, Inc. (Canada), Giga-tronics Incorporated (The U.S.) and Ogier Electronics (The U.K.) among various other companies.
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Skateboarding Equipment and Gear Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
Skateboarding is a form of sport and recreation activity and is very popular among the youth. A skate board is made up of wood in the shape of a surfboard, with four wheels attached to it. It is ridden by a single person, guiding the movement with the feet. Some people use it as a mode of transportation for short distances, and most people use it to perform stunts. Skateboards have become popular among surfing enthusiasts, and owing to the interest in skateboarding, manufacturers are experimenting and coming up with different materials in the manufacture of skateboards and related equipment. Skateboards are available in two different types: long boards and shorts boards. Longboards are used for cruising and racing, and short boards are usually used to perform different types of skateboarding tricks.
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The skateboarding community and manufacturers have predicted an expansion in the skateboarding equipment and gear market across several regions due to the upcoming 2020 Tokyo Olympics. In the emerging countries of Asia Pacific, skateboarding culture is new, and these countries are expected to present an opportunity for the skateboarding equipment and gear market. Owing to the upcoming Olympics, the sports business is likely to continue to see growth in the near future. Skateboarders are able to skate with ease and comfort with the help of skateboarding equipment and gear such as footwear and skateboarding protective gear (helmets, knee pads, etc.). Skateboarding footwear is made of rubber or polyurethane soles with minimal or no pattern. Leather is used to ensure longevity. Demand for skateboarding protective gear is anticipated to rise at a slow rate as most skateboarders do not use protective gear.
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The skateboarding equipment and gear market is expected to expand at a steady pace during the forecast period owing to rise in awareness about skating as a sport and rise in popularity of skateboard tournaments such as X Games, Marinela Demons, Exposure skate, Dew Tour, Boardr Am, and Copenhagen Pro among others. Skateboarding is now established in developed countries such as the U.S. and Germany, and vert skateboarding is being replaced by street skateboarding. Skateboarding has become common worldwide due to various magazines, event updates, and videos. The number of skateboarders is increasing significantly, and professional skateboarders are gaining popularity and becoming famous like football players. This is anticipated to boost demand for skateboard equipment and gear.
The global skateboarding equipment and gear market can be segmented based on product, board, end-user, distribution channel, and region. In terms of product, the market can be classified into skateboards, skateboarding footwear, and skateboarding protective gear. Based on board, the market can be divided into long boards and short boards. In terms of end-user, the market can be categorized into amateur and professional. Based on distribution channel, the skateboard equipment and gear market can be classified into hypermarkets/supermarkets, specialty stores, departmental stores, online retailers, and others (brand outlets, independent vendors, etc.).
In terms of region, the global skateboarding equipment and gear market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the global market, followed by Europe. The American lifestyle tends to tilt more toward sports, and skateboarding is an increasingly popular recreational activity among young males in the U.S. Skateboarding is considered a fun and healthy sport that offers a low-impact aerobic workout. The market in Asia Pacific is expected to expand at a rapid rate among all regions, owing to a rise in population; awareness about health and fitness benefits related to sports; and rise in disposable income in India, China, and Japan.
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Digitally Printed Wallpaper Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
Digitally Printed Wallpaper Market - Overview
Digital printing is referred to as the technique of printing on a variety of media directly from a digital-based image. Digital printing is a major part of the graphics industry. The technologies of digitally printed wallpaper offers more option of substrates to designers, owing to the use of non-contact printing. This further eliminates the distortion of images that occurs in the analogue process. Furthermore, digitally printed wallpaper requires less harsh techniques for holding the substrate in the press, thereby providing various options of substrates such as very thin paper, fabrics, and ceramics. Increase in demand for digital printing has led to the enhanced adoption and development of the digitally printed wallpaper technology.
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Digitally printed wallpapers enhance the aesthetic appeal of walls and are more economical as compared to interior paint. Advancements in material technologies, such as those used for the production of vinyl, have made all covering material more durable. Vinyl wallpaper lasts five times longer as compared to interior paint under normal conditions. Also, digitally printed wallpapers manufactured with non-woven material or paper are environmentally friendly. A combination of simple technology and natural materials is safer for the environment as compared to interior paint. These factors are anticipated to drive the digitally printed wallpaper market in the coming years. Increasing demand for new construction globally owing to rapid industrialization and urbanization with large-scale investments in the infrastructural and industrial sectors is expected to spur the market growth over the forecast period. Furthermore, growing demand for interior decoration and increasing construction activities in emerging countries is also projected to create growth opportunities for the market in the coming years. However, stiff competition among paints and coatings manufacturers and high initial investment are expected to restrain the market during the forecast period.
Digitally Printed Wallpaper Market - Segmentation
The digitally printed wallpaper market can be categorized based on substrate, printing technology, end-use, and region. Based on substrate, the digitally printed wallpaper market can be segmented into paper, vinyl, nonwoven, and others. The vinyl segment is expected to expand at a rapid pace in terms of volume, owing to an increase in demand for vinyl-based wallpapers from the non-residential and residential construction sectors in the emerging counties of Asia Pacific. The significant growth of the vinyl- based wallpaper segment can be attributed to the low cost, better durability, stain resistance, and easy maintenance properties of vinyl-based wallpapers. In terms of technology, the digitally printed wallpaper market can be categorized into electrophotography and inkjet. The inkjet segment is anticipated to hold a major share of the market over the forecast period. The dominance is attributed to the scalability and simplicity of use of inkjet printing technology and its capability of producing high-quality prints. Based on end-use, the digitally printed wallpaper market can be classified into residential, non-residential, and automotive & transportation. The residential segment is projected to dominate the market and is also expected to expand at a robust pace, owing to rapid industrialization and urbanization and increase in demand for aesthetically appealing interior decoration.
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In terms of region, the digitally printed wallpaper market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is projected to contribute significantly to the digitally printed wallpaper market. Growing industrialization in Indonesia, China, and India is leading to high demand for digitally printed wallpapers in the non-residential and residential construction sectors. Furthermore, a rise in living standards and increase demand for new houses is likely to boost demand for vinyl-based wallpapers in the near future.
Digitally Printed Wallpaper Market - Key Players Prominent players in the industry include Tapetenfabrik Gebr, Rasch GmbH & Co. KG (Germany), MX Display (U.K.), A.S. Création Tapeten (Germany), Graham & Brown (England), Flavor Paper (U.S.), Muraspec Decorative Solutions (U.K.), 4walls (U.S.), Peggy-Betty Designs (U.K.), Hollywood Monster (U.K.), The Printed Wallpaper Company (U.K.) and Great Wall Custom Coverings (U.S.).
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Automotive Steering Member Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
An automotive steering member or system is an important link between the driver and the vehicle, as it enables the driver to control and maneuver the vehicle. The steering member helps the driver to control the vehicle and perform various maneuvers such as turning. Several major technological developments have taken place in the automotive steering member system since its inception. Presently, vehicles are equipped with various active safety systems, such as anti-lock braking system (ABS) and electronic stability program (ESP), while the steering member plays a crucial role in the vehicle’s safety as it is majorly responsible for the movement of the vehicle in any direction.
The global automotive steering member market is expected to expand during the forecast period due to an increase in the demand for vehicles, as it is a major component in the vehicle. New technologies are being introduced in the automotive steering system to increase the efficiency, control, and maneuverability of the vehicle. Major drivers of the automotive steering member market are increasing demand for new technology steering member system, such as electric, hydraulic, and electro-hydraulic components along with mechanical components of the steering member, which enable the driver to effortlessly steer and maneuver the vehicle in tough situations. A major restraint of the automotive steering member market is the high cost associated with the manufacturing of power steering.
The global automotive steering member market can be segmented based on type, component, vehicle type, and region. In terms of type, the global automotive steering member market can be bifurcated into hydraulic power steering, electronic power steering, and electrically assisted hydraulic power steering. Based on component, the automotive steering member market can be segregated into steering/column/rack, electric motor hydraulic pump, and sensors. Based on vehicle type, the automotive steering member market can classified into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. The passenger vehicle segment can be further sub-segmented into hatchback, sedan, and SUV/MUV. In terms of region, the automotive steering member market can be divided into Asia Pacific, Middle East & Africa, Europe, Latin America, and North America. The market in Asia Pacific is projected to expand at a prominent pace during the forecast period due to the increase in demand for vehicles and rise in per capita income of customers in the region. Furthermore, China and India are among the major producers of automobiles, which in turn is expected to fuel the automotive steering member market in Asia Pacific during the forecast period. Europe is anticipated to be a major market for steering member , as several OEMs have their presence in the region. Moreover, the region accounts for a major share of production of automobiles, globally. This, in turn, is anticipated to propel the automotive steering member market in the region during the forecast period.
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Key players operating in the global automotive steering member market include ZF Friedrichshafen Ag, Robert Bosch GmbH, JTEKT Corporation, Sona Koyo Steering Systems Ltd, NSK Ltd, Nexteer Automotive, ThyssenKrupp, Mando Corporation, Hitachi Automotive Systems Limited, Showa Corporation, and ATS Automation Tooling Systems.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Software Defined Networking (SDN) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2012 - 2018
Software Defined Networking (SDN) is an approach to building a more scalable and flexible network. This approach enables network administrators to establish data flow control across the entire network instead of individual devices. It also helps in creating secure paths for data flow with relative ease. With SDN technology, the network can be programmed and managed at a higher dynamic scale with more agility and flexibility. In order to implement cloud computing services effectively within an organization and to optimize its benefit in the networking environment, a clear understanding of SDN technology is very important.
The global SDN market is primarily driven by the growing demand for cloud services and increasing need for mobility. The increasing need for efficient infrastructure is also supporting the growth of this market. Some of the factors inhibiting the growth of this market are lack of awareness and standardization. BYOD (Bring Your own Device) policy in organizations and rapid technological advancements in network serve as an opportunity for this market.
Driven by impact of all the aforementioned factors, the global market for SDN is expected to record a CAGR of 61.5% during the period 2012 - 2018.
Among the different end users, enterprises constituted the largest segment in 2012. To address the increasing need for virtualization, agility, and security in today’s network, SDN technology is gaining high attention as a viable solution. With the help of SDN technology, telecommunication service providers can balance networks at a more dynamic scale and can take advantage of new revenue generating possibilities.
Out of the four major solutions, namely – SDN switching, SDN controllers, cloud provisioning and orchestration and others (security and services), the cloud provisioning and orchestration holds majority of the market share followed by SDN switching and SDN controllers. This solution helps in balancing the traffic between the servers and maintain resiliency within the network. Due to the growing need for efficient network infrastructure, consumers are moving towards the SDN technology.
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North America held majority of the market share in 2012, followed by Europe and Asia Pacific. The North America SDN market is largely driven by advancements in cloud computing services and higher smartphone penetration. Asia Pacific is expected to be the fastest growing region during the forecast period owing to emerging trend of BYOD in various countries namely China and India, which serve as an opportunity for SDN market. It is estimated that 70% of all smartphone owning professionals in Asia Pacific are using their own devices to access corporate data in office premises and this activity needs to be managed with security concerns. There is a need for innovative solution which provides security to the network without losing the corporate data from personal devices, thus, driving demand for SDN technology in this region.
Large multinational players dominate the global SDN market. Key global players active in the SDN market are IBM, Cisco, Juniper Networks, NEC, Alcatel-Lucent, VMware, HP, Google, Big Switch Networks, Arista Networks, Brocade Communications Systems, Verizon Communications, Intel Corporation among others.
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