Technology &amp; Media Market Research Reports

Tuesday 21 October 2014

Wearable Technology Market Share 2012 - 2018 :Transparency Market Research

Wearable Technology Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018, a market report developed by US based market research intelligence firm Transparency Market Research, is available at the company’s enormous datastore.

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The report states that the global wearable technology market, which valued nearly USD 750.0 million in 2012, is expected to rise with a CAGR of 40.8% during the forecast period of the report, i.e. between 2012 and 2018, and rise to a value worth USD 5.8 billion by 2018. North America, the current leaders of the market, could also top the market by the end of the forecast period, garnering an expected 43.0% share of the global wearable technology market.

Wearable technology or wearable electronics refer to the electronic devices that are incorporated with items of daily wearing, such as clothes, jewelleries or accessories, and can be easily worn on the body.

Wearable technology is still in its nascent stages and finds its major applications in the fields of medicine, wellness and fitness, military forces and infotainment (information fused with entertainment).

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Common wearable devices in the wellness and fitness segments include activity monitors, sleep sensors and smart clothing. The infotainment segment includes products such as smart glasses, smart watches, etc. The healthcare segment is flourished with products such as smart monitoring devices such as continuous glucose monitoring devices, implantable devices for timely drug delivery and wearable patches.

According to the report, the end-user segment of healthcare and medicine garnered the largest amounts of revenues for this market in 2012 and accounted for an estimated 35.1% of its shares. This was followed by the segment of wellness and fitness.

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By 2018, however, it is expected that the segment of infotainment will surpass the market shares of the wellness and fitness segment owing to the robust growth in products such as smart watches and smart glasses. By the end of the forecast period, the healthcare and medicines segment could continue to lead the market due to the rising numbers of aged population and a rise in the overall cases of diabetes in the world.

Factors such as compactness, portability, multi-functionality, rising areas of application and increasing adoption of these technologies by the end users are driving the growth of this industry. The rising popularity of technically advanced devices amongst the young generation and the rising demand for real time and readily actionable data are also fuelling demands of the market.

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However, the high cost of technically advanced devices from this industry could hinder its growth during the forecast period.

High adoption rates and good consumer awareness about wearable technology have rendered the region of North America as the leader of the global wearable technology market. In 2012, it was estimated that this region contributed nearly 2/5th of the total global revenues garnered by this industry. This region is expected to face tough competition from Europe and Asia Pacific regions, which, according to the report, would have shares of about 49% of this market by 2018.

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Monday 20 October 2014

Solar Photovoltaic (PV) Installation Market Growth 2012 - 2018

The global solar PV installation was 29.6 GW in 2011 and is expected to reach 60.05 GW in 2018, growing at a CAGR of 10.7% from 2012 to 2018. In terms of revenue, the market is expected to grow at a CAGR of 5.6% from 2012 to 2018.

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Solar PV technologies estimated and forecasted in this study comprise of thin film PV, crystalline silicon PV and Others (organic solar PV, CPV etc.). Abundant supply of sunlight/ solar energy, growing demand for electricity, well-matched alternative with adequate output efficiency, lower than expected solar PV system prices, strong government support in the form of incentive schemes, favorable regulatory scenario and growing application scope are expected to drive solar PV systems demand over the next five years.

The wet climate across different geographic regions leading to deterioration of solar panels, limited life of batteries utilized in off-grid solar PV systems, slashed feed-in tariff rates, irregular solar intensities, and oversupply conditions are collectively expected to restrain the market growth of solar PV systems.

The residential end use sector is expected to be one of the rapidly growing markets and accounted for 30.22% of the overall demand in 2011. Increasing applications in utility-scale enabled this sector to dominate the solar PV market in 2011, accounting for 43.07% of market share. The residential sector is expected to attain 33.36% market share by 2018.

Key products analyzed and estimated in this study include thin film PV, crystalline silicon PV (c-Si PV) and Other types (organic solar PV, Concentrated PV etc.) of solar PV's. The study also covers grid-connected and off-grid PV systems. Grid-connected solar PV's dominated the grid type market, accounting for 98.03% of the overall installed capacity in 2011. Crystalline silicon solar PV has captured majority of the market and accounted for 80.81% of the overall installed capacity in 2011. Thin film PV market follows the c-Si PV market and is expected to grow with a CAGR of 18.0% from 2012 to 2018.

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In terms of volume, EMEA dominated the global market accounting for over 75.7% of the overall annually installed capacity in 2011. Europe is followed by Asia Pacific in terms of solar PV installations due to high demand in emerging economies, especially China and India. Annual installations of solar PV are expected to increase in Asia Pacific due to increasing solar PV application scope, particularly in utility-scale, commercial and residential sectors. The current paradigm shift in the solar PV market is expected to change the scenario by 2018 with the Asia Pacific solar PV market volume expected to grow at a CAGR 16.99% from 2012 to 2018 owing to strong government support and lower prices.

The study also provides extensive geographical analysis of the solar PV market, wherein the demand for various applications and end user industries as well as key regions has been forecasted for North America, EMEA, Asia Pacific and Rest of the World. In addition, a detailed analysis of the cause and effect of these applications in a particular region is also provided.

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Key market participants profiled in this report include Suntech Power Holdings Co. Ltd., First Solar Inc, Canadian Solar Inc, Yingli Green Energy Holdings Co. Ltd., Trina Solar Ltd., Bosch Solar Energy AG and others.

This research analyzes and estimates the performance and installed capacity of solar PV systems in the global scenario, providing detailed trend analysis of the market by geography and technology and comprehensive analysis of companies dealing in solar PV. The report presents a thorough assessment of the strategies followed by different stakeholders by segmenting the solar PV installation market as below:

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Global solar PV Installation market, by grid type

Grid-connected solar PV

Off-grid solar PV

Global solar PV Installation market, by technology

Thin film PV

Crystalline silicon PV

Others (organic solar PV, CPV etc.)

Global solar PV Installation market, by end use

Residential

Commercial

Utility-scale

Global solar PV Installation market, by geography

North America

EMEA

Asia-Pacific

Rest of the World (RoW)

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Friday 17 October 2014

Land Mobile Radio (LMR) Systems Market Analysis 2014 - 2020

Land mobile radio (LMR) system is a wireless communication system used in the public works organizations, emergency services, fire and police departments, and companies with vast vehicle fleets and an expansive network of on-field staff.

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The research study titled “Land Mobile Radio (LMR) Systems (Applications - Military, Commercial, Construction, Transportation and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” provides in-depth analysis of the market and related sub-segments. In order to provide better understanding of the existing competition, the report offers a competitive analysis of dominant companies in the market along with high-level analysis including value chain, Porter’s five forces model and market attractiveness analysis. The study on global land mobile radio systems market has been conducted with the objective of providing thorough coverage of the underlying technological and economic issues driving the market. The report strategically focuses on the market segments by different types, technologies and applications. In addition, this report provides market insights and data about the size and growth of each segment. The report also includes detailed analysis of prevalent market trends and the company profiles of key players.

The land mobile radio systems market is expected to foresee continuous growth in the near future due to the increasing importance of efficient mission-critical operations and the expansion of Long Term Evolution (LTE) network, which is leading to higher demand for LTE-integrated LMR devices. The increasing adoption of LMR by the corporate users offers significant growth opportunities for the players in the LMR systems market. However, security issues associated with theft and alteration of mission-critical information hampers the adoption of LMR systems.

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This report studies the current scenario as well as the future market potential globally for the land mobile radio systems. On the basis of types, LMR systems market has been segmented into hand portable LMR systems and mobile (vehicular) LMR systems. Additionally, the report analyses and forecasts the technology used in LMR systems such as analog and digital LMR systems. The digital LMR systems are further classified on the basis of standards such as TETRA, P25, dPMR, DMR and TETRAPOL. Moreover, the report includes analysis and forecast for the various applications of LMR systems such as military applications, commercial applications, construction, transportation and others including mining, oil and gas pipelines and chemical plants. The market for these applications has been extensively studied on the basis of factors such as the technology used, geographic presence and the type of LMR systems. The market size and forecast in terms of revenue (USD billion) for each of these segments has been provided for the period from 2012 to 2020, considering 2013 as the base year. The study also provides the compounded annual growth rate (CAGR) for each market segment for the forecast period from 2014 to 2020.

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Geographically, the market for land mobile radio systems has been segmented into four regions: North America, Europe, Asia Pacific, and Rest of the World (RoW). The market size and forecast for each region has been provided for the period from 2012 to 2020, along with the CAGR (%) for the forecast period from 2012 to 2020. The study also includes qualitative analysis of the competitive scenario in these regions.

Moreover, the report includes a section on the competitive landscape, wherein the market share analysis of leading players of the global land mobile radio systems market for the year 2013, in terms of value percentage, has been discussed. The report concludes with the profiles of major players in the global land mobile radio systems market such as JVC KENWOOD Corporation, Thales Group S.A., Raytheon Company, Motorola Solutions, Inc., Harris Corporation, Honeywell International, Inc., TE Connectivity Ltd., Relm Wireless Corporation, Nokia Solutions and Networks, and Airbus DS Communications.

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Global Land Mobile Radio Systems Market Segmentation:

Land Mobile Radio Systems Market, by Type

Hand Portable

Mobile (Vehicular)

Land Mobile Radio Systems Market, by Technology

Analog

Digital

TETRA

Project 25 (P25)

dPMR

DMR

TETRAPOL

Land Mobile Radio Systems Market, by Applications

Military

Commercial

Construction

Transportation

Others

Land Mobile Radio Systems Market, by Geography

North America

Europe

Asia Pacific

Rest of the World (RoW)

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Thursday 16 October 2014

Managed Security Services Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019

Global Managed Security Services Market is expected to grow from USD 9,249.7 Million In 2012 To USD 24,127.1 Million By 2019 by growing at an estimated CAGR of 15.4% during 2013 - 2019, the forecast period of the report.

Some of the major driving factors of the industry identified by this report include the rising adoption and increasing penetration of these services in industries such as government and utilities, telecom and IT, and the banking, finance and insurance services (BFSI). These market segments collectively accounted for nearly 59.2% share of revenues in 2012.

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Rising demand for applications such as confidentiality services and network security services are some other major driving factors of this industry, states the report. In the near future, opportunities that could have a significant effect on the overall managed security services market include emergence of cloud-based managed security services and the rising adoption of such services in the BFSI section.

The report focuses on three segments- the products, the applications and geography of the market.

Product-wise, the global market of managed security services is segmented as consumer premise equipment (CPE) based, cloud-based and hybrid (integration of CPE and cloud based) services. Amongst these, the segment of cloud-based services delivery models are the leading share holders of the overall market owing to their ease of installation and low-cost maintenance. These models also impart the benefits such as ease of switching the vendor and upgrade of the services as per requirements.

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Application-wise, the major segments that drive the market includes access control, confidentiality, compliance, risk and vulnerability management and network security. Amongst these, the applications such as confidentiality, compliance services and network security are the leading segments. Collectively, these segments held market shares worth nearly 67.4% in 2012.

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Geography-wise, the region of North America is the currently the lead revenue generator due to a recent shift in policies of corporate governance and security regulations in the retail, financial, healthcare, and energy sectors. Many businesses in North America are also on the verge of relocation to appear on the wider global scale, adoption from these expanding workplaces would further lead to the growth of the global managed security services market. The region of Asia pacific also appears to drive sales owing to the emergence of industries such as pharmaceutical and healthcare, IT and telecom, and BFSI

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Friday 10 October 2014

Commercial Satellite Imaging Market Forecast 2013 - 2019

The market for commercial satellite imaging globally is forecast to reach USD 5,018.6 million by 2019. The market growth is driven by increased demand for applications such as oil and gas (energy) sector management and natural resource management. Insurance, real estate and city planning and fleet management are emerging as potential commercial applications for satellite imagery market.

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Globally, this market was valued at USD 2,054.5 million in 2012 and is forecast to grow at 13.9% CAGR from 2013 - 2019. The data collected by satellites images has commercial value across industries, including commercial enterprises, civil engineering, military, forestry & agriculture, energy sectors and insurance, among others. Global commercial satellite imaging market in 2012 was dominated by the military segment, which accounted for 29.2% revenue share. It is due to quick adoption of this technology by major countries particularly in the defense sector, where high resolution satellite imagery is being implemented to develop their security programs and bolster vigilance systems.

This technology is mainly used in the energy sector, geospatial technology, natural resources management, construction & development, media & entertainment disaster response management, defense & intelligence and conservation & research among others. Geospatial technology, energy and natural resource management are emerging as promising applications for satellite imaging industry. These three segments together accounted for approximately 41.8% of market revenue share in 2012. Governments purchase commercial satellite imagery in order to support national security reconnaissance activities, climate change research, weather prediction, and land management activities. Growth of the commercial satellite imagery is driven by increasing demand from defense sector, predominantly by countries with large imagery intelligence (IMINT) requirements. Currently, due to rising terrorism concerns, defense and intelligence departments all over the world are seeking ways to support their security initiatives using satellite imagery.

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Geographically, North America is expected to remain largest market for commercial satellite imagery followed by Europe. North America and Europe collective had revenue share of 70.7% in 2012. Commercial satellite imagery market in North America has been world-leading, and is expected to dominate the global market during the forecast period in spite of reduction in government funding. Europe is showing slower growth due to lower economic activity and turbulent budgetary situation, due to which large finance activities have been withheld or suspended for short term.

Market participants include renowned companies such as Digital Globe Inc., GeoEye Inc., Astrium Geo, who are currently dominating the market space. GeoEye and DigitalGlobe represented approximately 65.1% of commercial satellite imagery market in 2012. New participants are expected to face stiff competition from existing players, and will have to focus on service differentiation and quality, so as to sustain growth in the long run. Other players in the market include ImageSat International N.V., BlackBridge (RapidEye) and Skybox Imaging, Inc. among others.

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This report analyzes the global commercial satellite imaging market in terms of revenue (USD million). The market has been segmented as follows:

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Commercial Satellite Imaging Market, by Industry Vertical:

Government

Commercial enterprises

Civil engineering industry

Military

Forestry and agriculture

Energy sectors

Insurance

Commercial Satellite Imaging Market, by Application:

Energy

Geospatial technology

Natural resources management

Construction and development

Disaster response management

Defense and intelligence

Conservation & research

Media and entertainment

Commercial Satellite Imaging Market, By Geography:

North America

Europe

Asia-Pacific

Rest of the World (RoW)

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Global Mobile Robotics Market is expected to reach USD 14,202.2 Million in 2019: Transparency Market Research

The global mobile robotics market was worth USD 6,249.6 million in 2012 and is expected to reach USD 14,202.2 million by 2019, growing at a CAGR of 12.6% from 2013 to 2019. Asia Pacific was the largest market for mobile robotics in 2012. The growth was primarily driven by increase in usage of mobile robots in domestic, agricultural, medical and industrial applications.

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Integration of mobile robots with mobile technologies such as smart phones and other appliances is one of the factors driving the market. Increasing grants and funds by governments to this industry is further fueling the market. In addition, decreasing price of sensors and cameras and availability of open source platforms have resulted in new companies with innovative products at cheap cost, further boosting market. However, longer time to market is one of the factors hindering the market growth.

Among all types, UGVs including AGVS was the largest segment and accounted for 45.5% of the market share in 2012 and is expected to witness highest growth during the forecast period.

UAVs are expected to observe linear growth throughout forecast period. Cost effective wireless data systems and global positioning systems is driving the market for USVs and is expected to continue in a long run.

Mobile robots used in industrial applications including warehousing and distribution accounted substantial market share in 2012. Application of mobile robots in field and defense purposes is driving the market for professional service segment. Increasing demand of domestic robots such as vacuum cleaners and lawn movers are booting the market for personal service segment.

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Geographically, Asia Pacific was the largest mobile robotics market and accounted for 34.2% in 2012 and is expected to witness highest growth throughout forecast period. The growth is attributed to increase in demand of UAVs by China, India, South Korea and Pakistan, Thailand, Singapore, Philippines, Taiwan and Australia is boosting this market growth.

The report studies the mobile robotics market on a global level, and provides estimates in terms of revenue from 2013 to 2019. Market estimates have also been provided for type of environment in which it travel and application for each region. The market has been segmented as follows:

Mobile robotics market analysis, by travelling environment

Unmanned Ground Vehicles (UGVs) including Autonomous Grounded Vehicles (AGVs)

Unmanned Aerial Vehicles (UAVs)

Unmanned Surface Vehicles (USVs)

Autonomous Underwater Vehicles (AUVs)

Mobile robotics market analysis, by applications

Logistics and warehousing

Defense and military

Medical and healthcare

Field

Domestic

Entertainment

Other

In addition the report provides cross sectional analysis of the market with respect to the following geographical segments:

North America

Europe

Asia-Pacific

RoW (Rest of the World)

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Thursday 9 October 2014

Virtual Reality in Gaming Market Analysis 2013 - 2019 Transparency Market Research

The global virtual reality in gaming market was worth USD 466.6 million in 2012 and is expected to reach USD 5,839.9 million by 2019, growing at a CAGR of 39.2% from 2013 to 2019. North America was the largest regional market for virtual reality in gaming in terms of revenue share in 2012. Growth in this region is primarily driven by constant innovation in technology and rise in disposable income of users.

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Constant technological innovation is one of the prominent factors driving the growth of virtual reality in gaming market. For instance, 'Project Morpheus' which is a virtual reality headset from Sony Corporation offer features such as 3 dimensional screen and optical and acoustic tracking system. High cost of maintenance and up gradation of virtual reality devices are some of the factors inhibiting the growth of this market.

Among all components, the software segment was the largest accounting for 53.5% share in terms of revenue of the total virtual reality in gaming market in 2012. The segment is expected to maintain its leading position throughout the forecast period due to the continuous development in software technologies in virtual reality gaming. Hardware segment was the second largest segment and is expected to witness strong growth during the forecast period mainly due to the increased use of virtual reality products such as head mounted display (HMD), hand gloves, and glasses. The types of gaming consoles from different manufactures include Apple Mac, Microsoft Xbox, Sony PlayStation and Nintendo Wii. Sony PlayStation leads the global virtual reality gaming console market due to wide range of product portfolio of the company and strong brand equity in consumer electronics, gaming and mobile phone industry.

Geographically, North America was the largest segment and accounted for a 37.0% revenue share in 2012 due to presence of leading publishing companies such as Electronic Arts Inc. and Take Two Interactive. Europe was the second largest regional market and accounted for a 31.9% revenue share of the global market in 2012. Countries such as Germany, Spain and France accounted for majority shares in the European market for virtual reality in gaming. However, the Asia-Pacific region is expected to display tremendous growth over the forecast period due to the presence of large number of online gamers in the region complimented by the presence of leading gaming manufacturers in countries such as China and South Korea.

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The global virtual reality in gaming market is dominated by multinational as well as regional players. The leading market players include Electronic Arts Inc., Sony Corporation, Nintendo Company Limited, and Linden Lab Inc. among others. The leading companies are adopting the strategy of providing new features such as motion tracking to their existing users in order to make the product offering more attractive and lucrative. Currently, the market for virtual reality in gaming is highly competitive; however, the degree of competition among the leading players is expected to reduce in future leading to fragmentation of the market.

The global market for virtual reality in gaming has been segmented as follows-

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Virtual Reality in Gaming Market, by Component

Software

Hardware

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Virtual Reality in Gaming Market, by Type of Gaming Console from Different Manufacturers

Microsoft Xbox

Apple Mac

Sony PlayStation

Personal computer

Nintendo Wii

Virtual Reality in Gaming Market, by Geography

North America

Europe

Asia-Pacific

Rest of the World

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Wednesday 8 October 2014

Global 3D Printing Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019

The global 3D printing market was worth USD 2,200 million in 2012 and is expected to reach USD 7,240 million in 2019, growing at a CAGR of 16.8% from 2013 to 2019. North America was the largest market for 3D printing in 2012 owing to high adoption of this technology across different applications sectors including consumer products and electronics and automotives among others.

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The market is primarily driven by increasing applications of 3D printing and decreasing cost of 3D printers for personal use. Also the technology in emerging regions such as Asia Pacific and Rest of the World (RoW) holds huge growth potential in the coming years. However, inability to print large objects in quick time and introduction of new laws and regulations to protect infringement of rights are some factors restraining the growth of this technology.

Among different applications, consumer products and electronics; and automotives represent two major segments. 3D printing is used in many consumer applications such as home décor, manufacturing toys and jewelry among others. Multiple applications of 3D printers in commercial and personal sectors have supported market growth. In automotive segment, 3D printing is used to print parts of an automobile.

Geographically, North America dominated the 3D printing market in 2012 followed by Europe. This is due to high adoption of this technology for both commercial and personal use. The market is expected to grow further, with increasing awareness among consumers regarding the benefits of using 3D printing in commercial and household applications. The demand for 3D printing in Europe has increased in the recent years mainly owing to the presence of emerging players in countries such as Germany, Italy, France and Sweden.

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Stratasys, Ltd., 3D Systems, Inc., Solidscape, Inc., EOS GmbH, ExOne GmbH, Optomec, Voxeljet Technology GmbH, Concept Laser GmbH, Arcam AB and SLM Solutions GmbH among others are the key players in the market. Stratasys, Ltd. held the maximum revenue share in 2012.

The 3D printing market has been segmented as follows

3D printing Market by Use

Commercial

Personal

3D printing Market by Technology

Polyjet

FDM

SLS

SLA

Others

3D printing Market by Application

Consumer products and electronics

Automotive

Medical

Industrial or business machines

Aerospace

Military and defense

Architecture

Education

Others

3D printing Market by Geography

North America

Europe

Asia-Pacific

Rest of the World

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Tuesday 7 October 2014

HVAC Equipments Market to Exceed USD 139 Billion by 2018, Globally: Transparency Market Research

The global HVAC equipment market is expected to exceed USD 139 billion by 2018, growing at a CAGR of 8.9% from 2012 to 2018.

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Factors such as changes in energy regulations, technological developments by manufacturers to meet these energy efficiency requirements, and growing demand across commercial sector, especially in Asia Pacific region, are some of the key growth drivers. However, the magnitude of impact of these factors on the market varies on a regional basis.

Asia Pacific in particular is experiencing high growth due to robust economic activities, resulting in increased urbanization and rise in consumer spending on luxury goods and services. In addition, growth across North America is showing signs of recovery, particularly in the residential sector. Growth in the non-residential sector, especially across the industrial segment, is slow due to dormancy in industrial activities. The commercial segment for HVAC equipments is growing at a healthy rate, with the tourism sector taking the lead. Commercial segment alone accounted for approximately 40% of market share in 2012.

Activities of industry participants highlight key challenges faced by them and concurrent growth strategies adopted. These players under the stress of market saturation and low profit margins in the developed markets of North America and Europe are now focusing on emerging economies of Asia Pacific and Latin America. Moreover, the binding effect of different environmental protocols/treaties is pushing the need to develop environment friendly equipments, which require heavy investment in research and development activities. This has poised capital challenges for new entrants to the market.

Analysis of the global HVAC equipment market based on different components identifies cooling units as a dominant segment. Control systems segment is expected to see CAGR of 6.9% for the period 2012 - 2018. This growth is supported by increased usage and demand of control devices from manufacturers. Manufacturers in order to meet changing consumer behavior are developing smart solutions which are then incorporated in new equipments, so as to make them more efficient and responsive to consumer requirements. This has dual impact as it not only generates demand for new equipments but also replacement demand for the obsolete and inefficient equipments.

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The revenue analysis of the industry players identified Carrier as the leading player, followed by Daikin in 2012. However, Daikin with its recent acquisition of Goodman is expected to overtake Carrier as the global leader in the near future. The other important players are Haier, Samsung, LG, and Electrolux. Apart from these global players, considerable share of the market is held by different regional and small players. Collectively, they accounted for more than one third of the global market share in 2012.

In all, the report includes comprehensive analysis of the global HVAC equipments market, by segmenting it into various sub segments such as:

Global HVAC equipments market, equipment type

Heating equipment

Heat pumps

Furnaces

Unitary heaters

Boilers

Cooling equipment

Room air conditioners

Unitary air conditioners

Coolers and others

Ventilation equipment

Ventilation fans/Air pumps

Humidifiers/Dehumidifiers

Global HVAC equipments market, by application

Residential

Industrial

Commercial

Hospitality

Construction

Others

Global HVAC equipments market, by components

Fan Coil Unit (FCU)

Heating unit

Cooling unit

Ventilation/ductwork

Control systems

Global HVAC equipments market, by geography

North America

Europe

Asia Pacific

Rest of the World (RoW)

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