Vertical Farming Industry to reach $13bn by 2024

The global vertical farming market is expected to surge substantially with the current demographic trends pointing toward human population surpassing 9 billion by 2050 and 70% of this population residing in the urban centers. Recent FAO estimates indicates that in order to feed the larger, urbanized, and richer population, the global food production must increase by 70%. With the increasing food demand and limited resources, the vertical farming industry has witnessed a massive demand in the recent years. The practice of growing food and medicine in vertically stacked layers and other such vertical structures is termed as vertical farming. This technique is set to yield more crops per m2 with less water consumption when compared to traditional farming and is therefore widely used to produce fresh, high quality, and nutritious food. The declining arable land, water conservation, climatic variation, and soaring population have provided a significant impetus to the global vertical farming industry trends. As per Global Market Insights, Inc., Vertical farming market size is anticipated to record a remarkable CAGR of 27% over the period of 2017- 2024 and is expected to witness a market valuation of more than USD 13 billion by 2024, having collected over USD 2 billion in 2016.

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Research activities across the globe have directed various companies to undertake small scale farming of fruits, herbs, vegetables, spices, and aquatic species as well. Tomatoes, leafy vegetables, strawberries, lettuce, and cucumber are the most popularly grown plants across various regions. Lettuce contributed to 30% of the overall vegetables, fruits, and herbs market in 2015 and is expected to drive the product landscape over the coming years. In terms of technology, crop production through the hydroponics technology has witnessed significant demand over the recent years having accounted for more than 50% of overall vertical farming industry share in 2016. Aquaponics vertical farming is also gaining a substantial prominence, owing to rising demand for edible fish such as Tilapia, which dominates the aquatic species segment. Reportedly, some of the European countries are leading in raising aquatic species including crabs and fish through vertical farming.

Japan vertical farming market is expected to witness lucrative growth prospects, as majority of the vertical farms are presently located in Japan. The regional market held more than 25% of the total Asia Pacific vertical farming industry share in 2015. Other countries including China, India, and South Korea are also exhibiting huge potential for vertical farming market to expand. Seasonal changes have boosted the indoor vertical farming technique in controlled environments, freight containers, warehouses, and even parking lots. Many companies are also developing aggressive business models to make such sectors profitable. Over the forthcoming years, the industry is poised to witness various partnerships and mergers with LED lighting companies to optimize the plant growth and quality.

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Prominent vertical farming industry players include Urban Crop Solutions, Spread co Ltd,Sky Greens, American Hydroponics, Aerofarms, Mirai Co.Ltd., and Plantagon International AB.

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Stationary Battery Storage industry to surpass $35bn by 2030

With grid connected battery storage systems getting into the mainstream power supply, stationary battery storage market is forecast to witness an upswing in the coming years. Energy storage has served as an interface between intermittent renewable power and the benefits of 24/7 reliable, clean resilient energy supply. Utilities around the world are intrigued by the storage potential to address other needs such as releasing congestion and smoothening out power variations that occur even in renewable energy generation. One of the profound factors that is likely to act in favor of stationary battery storage industry augmentation is the unprecedented demand for electricity across the world.  In fact, an estimation by IEA (International Energy Agency) depicts that emerging countries would require doubling their power generation by 2020 to meet the growing demand. With the increasing global initiatives toward greenhouse gas emission abatement, a portion of the upcoming power generation should come from renewable sources.

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Statistics claim, Stationary Battery Storage Market valuation which was approximately USD 2 billion in 2016, is forecast to take a giant leap in the coming seven years in terms of revenue collection, with a target value of USD 35 billion by 2030. The industry landscape is quite regulatory driven, given that the system deployment has some profound environmental impact. The stringent regulatory framework and the economic structure that needs to be abided at various stages in energy storage systems deployments determines the competitiveness of the stationary battery storage industry landscape.

Product differentiation is one of the prime strategies adopted by the stationary battery storage industry giants to sustain their position.  For instance, Tesla’s lithium ion based battery storage products, ‘Powerwall’ is indeed a breakthrough in the industry. Recently, the American automaker has launched the upgraded version of the storage solution, Powerwall 2 of in South Australia, to mitigate the problem of increasing blackouts in the continent.  Some of the other biggies involved in stationary battery storage market include Hitachi Maxell, Koninklijke Philips, Valence Technology, A123 Systems, and Exide Technologies.

With energy crisis issue coming on board across various geographies across the world, stationary battery storage market is subsequently gaining a renewed traction. This is quite evident from the yesteryear’s overall battery storage deployments, with a total capacity of 336 MWh. As per statistics, the energy storage capacity doubled from what it was in 2015. Battery technology, especially lithium ion based models have been gaining a remarkable attention of late and have progressed the furthest. Lithium ion batteries have extensively deployed in automotive and consumer electronics sectors over the recent years. As per estimates, Lithium ion battery market is forecast to exceed a revenue of USD 53 billion by 2024. The growth scale certainly signals the commercialization of lithium ion based stationary battery storage market as well. Recently, in the first quarter of the year, Tesla has launched a grid connected lithium ion battery plant of 129 MWh in South Australia. It is claimed to be world’s biggest battery storage plant. In addition, lithium ion batteries falling price trends are also expected to act in favor of stationary battery storage market expansion.

Responding to the environmental call, there has been a massive upsurge in the upgradation of conventional grid network model and refurbishment projects. This positive trend is certain to drive stationary battery storage industry share in the coming years. In fact, surveys claim that emerging nations with swiftly developing residential establishments will turn out profitable for the market growth. Frequent grid failures and power discrepancies are pushing the demand high from the emergency power sector. Stationary battery storage market from emergency power supply as depicted by Global Market Insights, Inc., will record a y-o-y growth of 18% over 2017-2024.

Speaking along similar lines, the Europe belt has quite actively responded to the environmental needs, and thereby the region is forecast to be a potential business avenue for stationary battery storage industry. Countries like UK, France, and Germany stands out as the major revenue pockets. In fact, as per statistics, UK stationary battery storage market held a valuation worth approx. USD 90 billion in 2016, and has been predicted to witness sizable growth over 2017-2030. The regional market is characterized by the stringent regulatory framework which regional battery manufacturing units need to comply with. For Instance, Energy Efficiency Directive (2012/27/EU) enforced by European Commission implements standardization on energy storage systems.

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China, as per market experts, will prove to be another lucrative business ground for stationary battery storage market investors. A plethora of factors that can be placed behind this forecast include extensive commercialization, growing regional population coupled with surging demand for power, and Chinese government’s huge investment in grid upgradation.  For instance, National Energy Administration of China has recently announced to invest USD 335.4 billion in renewable energy power technologies by 2020. China Energy Storage Alliance (CNESA) in their recent report has forecast that the country will undergo a chain of trends in the coming years, pertaining to the energy industry, which undoubtedly will leave a perpetual impact on the regional stationary battery storage industry which is forecast to exceed USD 2 billion by 2030.

Though stationary battery storage industry is forecast to penetrate most of the emerging nations across the world, the growth curve will vary significantly on a global level. A large number of factors that are underlining this growth variation as per region include regulatory landscape, grid infrastructure, supply framework, population demographics, and energy demand. However, keeping into consideration the aforementioned aspects, stationary battery storage industry is set to exhibit a lucrative road map in the coming time frame, with a remarkable double digit annual growth rate of 18% over 2017-2030.

To access sample pages or view this report titled, “Stationary Battery Storage Market Size By Battery (Lithium-ion, Sodium Sulphur (NAS), Lead acid, Flow Battery, Others), By Application (Communication Base Stations, Emergency Power, Local Energy Storage, Remote Relay Stations, Uninterruptible Power Supplies (UPS)), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, France, Italy, UK, Spain, Russia, China, Japan, South Korea, India, Australia, Saudi Arabia, UAE, South Africa, Argentina, Brazil, Mexico), Growth Potential, Competitive Market Share & Forecast, 2017 – 2030” in detail along with the table of contents, please click on the link below:

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Unified Communication as a Service Market to increase rapidly by 2025

A typical delivery model by which a vendor is able to deliver a range of communication and collaboration applications along with the associated services to its customer over the internet using IP blocks as the containers of small units of information. Two of the approaches by which the delivery model reaches its customer are single-tenancy and multi-tenancy. Growing trends towards mobility and Bring Your Own Device (BYOD) by the organizations coupled with the demands for continuous service support are expected to drive changes in this market.

Low cost of ownership of UCaaS models as well as the pay-per-usage models are resulting in increasing adoptions of these solutions by Small and Medium Scale Enterprises resulting in the overall growth of the market while factors such as security issues and poor internet infrastructure in some regions of the world act as deterrents to growth of this market. The rise of IoT application has opened a potential avenue of application for Unified Communication as a Service market and will bring new opportunities in the market.

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Companies List

  1. 8*8 Inc.
  2. Cisco Systems, Inc.
  3. Microsoft Corporation
  4. RingCentral, Inc.
  5. BT Group
  6. Fuze, Inc.
  7. West Corporation
  8. Verizon Communications, Inc.
  9. AT&T Inc.
  10. Google, Inc.

The “Global Unified Communication as a Service Market Analysis to 2025” is a specialized and in-depth study of the Unified Communication as a Service industry with a focus on the global market trend. The report aims to provide an overview of global unified communication as a service market with detailed market segmentation by component, business size, industry and geography. The global unified communication as a service market is expected to witness swift growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global unified communication as a service market based on component, business size and industry. It also provides market size and forecast till 2025 for overall Unified Communication as a Service market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 15 counties globally along with current trend and opportunities prevailing in the region.

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Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.

Also, key Unified Communication as a Service market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are 8*8 Inc., Cisco Systems, Inc., Microsoft Corporation, RingCentral, Inc., BT Group, Fuze, Inc., West Corporation, Verizon Communications, Inc., and AT&T Inc. and Google, Inc. among others.

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Warehouse Management -Market Insights, Epidemiology and Market Forecast-2025

Warehouse management system (WMS) is a software application that helps to support day to day operations within a warehouse. It is used to control and track down the movement of materials in a warehouse. WMS is designed in such a way that it helps to automate the supply chain and increases the productivity of entire warehouses.

Increasing awareness of WMS among SME’s and growing demand for on-cloud WMS are some of the major drivers for the growth in the market. But there are some restraining factors such as it requires an expert to configure the system for maximum benefits. Future technologies like Pick-by-Vision and Electronic Data Exchange will soon be implemented to ensure smooth operations in the warehousing and logistics sector in the coming years.

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Companies List

Epicor Software Corp.

JDA Software Group, Inc.

Manhattan Associates, Inc.

Oracle Corp.

SAP SE

IBM Corp.

Infor, Inc.

PSI AG

PTC Inc.

Tecsys Inc.

The “Global Warehouse Management System Market Analysis to 2025” is a specialized and in-depth study of the warehouse management system industry with a focus on the global market trend. The report aims to provide an overview of global warehouse management system market with detailed market segmentation by component, implementation, tier type, industry and geography. The global warehouse management system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global warehouse management system market based on component, implementation, tier type and industry. It also provides market size and forecast till 2025 for overall warehouse management system market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 15 counties globally along with current trend and opportunities prevailing in the region.

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Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.

Also, key warehouse management system market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Epicor Software Corp., JDA Software Group, Inc., Manhattan Associates, Inc., Oracle Corp., SAP SE, IBM Corp., Infor, Inc., PSI AG, PTC Inc. and Tecsys Inc

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Electric Motors Market: Development Insight and Manufacturers Challenge Competitors

The positive investor sentiment in the manufacturing sector will prove immensely beneficial to the growth of the global electric motors market, finds a latest report by Transparency Market Research. The report, titled, ‘Electric Motors Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019,’ states that the market will log a 6.3% CAGR between 2013 and 2019, as it rises to a valuation of US$120.68 bn by 2019. With organizations prioritizing energy efficiency, the role of electric motors in various industry verticals has become crucial.

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Although projected to register a healthy rate of growth, the global electric motors market’s growth is expected to be held back by factors such as the high prices of energy-efficient motors and volatile raw material prices. TMR analysts recommend market players to invest efforts in producing electric motors that offer higher standards of efficiency.

The report segments the global electric motors market on the basis of output power, by type, by geography, and applications. The regional markets studied in the report include: North America, Europe, Asia Pacific, and Rest of the World. As per the findings of the study, the Asia Pacific electric motors market was not only the largest in the world in 2012, but is poised to be the fastest growing market in terms of compounded annual growth rate (CAGR).

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Much of the dynamism in the Asia Pacific electric motors market stems from the superlative industrial growth that has been seen in China and India in recent years. To add to this, rapidly industrializing countries such as Indonesia, Malaysia, and Thailand are contributing substantially to the demand for electric motors for various applications.

Competition has always remained intense in the global electric motors market with the presence of a number of local and global players. While this has made it difficult for companies to foray into new markets confidently, it gives consumers higher bargaining power. Even though the market is witnessing a greater degree of standardization, price and product differentiation remains low.

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From the standpoint of application, the market has been segmented into motor vehicles, industrial machinery, HVAC equipment, aerospace and other transportation equipment, household appliances, and commercial and other industry. Of these, the motor vehicles segment represented the largest share in the electric motors market in 2012. A sudden and sweeping interest in electric vehicles can be credited for the high demand for electric motors from the automotive industry. Countries such as the United States, Germany, China, Japan, India, and others are at the forefront of the EV adoption trend and this is also where electric motor manufacturers face an opportunity. The HVAC industry is also expected to generate massive demand for electric motors, making the HVAC segment of the electric motors market a lucrative one.

Other applications where such motors will find progressively higher usage are in industrial machinery and household appliances.TMR’s report also states that AC motors garnered higher revenue than hermetic and DC motors in 2012. The coming years will, however, see a spike in the use of hermetic motors.

Aerospace and Defense Market in India to hit $23bn by 2024

India aerospace & defense market for marine applications is expected to grow at a steady pace, owing to the plans of the government to build 200-ship navy over the duration of 10 years. Increasing interest of the People’s Liberation Army Navy of China in the Indian Ocean is encouraging the country to invest more in anti-submarine ship manufacture.

In September 2017, India deployed a submarine, two navy ships, and two long range maritime reconnaissance aircrafts in southern Indian Ocean and western Arabian Sea. India Aerospace & Defense Market size is set to exceed USD 23 billion by 2024; according to a new research report by Global Market Insights, Inc.

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India aerospace & defense market is expected to grow at a significant pace owing to growing need for the modernization of Indian armed forces. The modernization drive aims to leverage advanced military technology to improve the operational capabilities. Need for improvement in areas such as battlefield support systems, situational awareness, non-lethal weapons, and artificial intelligence is expected to drive the India aerospace & defense market over the next seven years.

The government is increasing defense budget and has undertaken several projects in line with the Make in India campaign. For instance, as a part of Infantry Vision 2020, the government has started Future Infantry Soldier as a System (F-INSAS) program to enhance the optical, electro, and situational capabilities of a soldier.

Increasing investments in research fields including nanotechnology, directed energy weapons, and NBC warfare are anticipated to fuel the India aerospace & defense market growth. The manufacturers are shifting their focus to this industry, owing to the initiatives taken by the government such as Offset policy. However, very slow and time-consuming tender processes may hinder the entry of private players.

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India Homeland security is expected to witness significant growth owing to the increasing internal unrest and terrorist threat. The budgetary allocation for the Ministry of Home Affairs is expected to reach about USD 20 billion by 2017-18. The recent violence in Punjab and Haryana states over the arrest of the Dera chief has thrown light on equipping internal security personnel with high quality equipment.

Initiative such as Safe City will propel the homeland security in the country by leveraging technology to reduce crime rates. Increasing focus on terrorism prevention & management, police modernization, critical infrastructure protection, and city surveillance & intelligence are expected to propel India aerospace & defense market growth.

Prominent local players in the India aerospace & defense market include Reliance Defence, Tata Advanced Systems Limited, Defence Research & Development Organization, ISRO, Bharat Earthmovers Limited, Bharat Dynamics Limited, Hindustan Aeronautics Limited, and Mahindra Group.

Global companies such as Lockheed Martin, Boeing, Thales Group, and BAE Systems have established their presence in the market. The industry is characterized by several joint ventures of local and global players. For instance, Hindustan Aeronautics Limited has established joint venture with Magellan Aerospace to develop wire strike protection systems.

Browse key industry insights spread across 154 pages with 30 market data tables & 43 figures & charts from the report, “India Aerospace & Defense Market Size By Security (Cybersecurity, Homeland Security, Border Security), By Service (Maintenance, Repair & Operations (MRO), Modeling, Training & Simulation (MTS), Logistics), By Application (Land [Small Arms, Tanks, Armored Fighting Vehicles, Artillery, Mine Warfare, Communication Equipment], Air [Aircraft, Helicopters, Missiles, Amphibious Warfare, Communication Equipment], Sea [Submarines, Destroyers, Frigates, Corvettes, Communication Equipment, Mine Warfare]), Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/india-aerospace-defense-market 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

Industrial Commercial Led Lighting Market: Insights into the Competitive Scenario of the Market

Transparency Market Research has published a new report that offers an insightful study on the global industrial and commercial LED lighting market. The report, titled “Industrial And Commercial LED Lighting Market – Global Industry Size, Market Share, Trends, Analysis And Forecast, 2013 – 2019”, is available for sale on the company’s website. The report gives an accurate analysis of the strengths, weaknesses, opportunities, and threats in the global industrial and commercial LED lighting market. Furthermore, it also highlights multiple trends governing this market.

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According to the research report, the global industrial and commercial LED lighting market was worth US$12.9 bn in 2012 and is expected to reach US$86 bn by 2019, growing at a CAGR of 30.8% from 2013 to 2019.The global industrial and commercial LED lighting market is segmented on the basis of end user and geography. Industrial and commercial LED lighting is mainly used for industrial, commercial, architectural, and outdoor purposes. The commercial segment is further sub-segmented into office buildings, hotels and restaurants, retail shops, educational institutes, and warehouses and storage units. Geographically, the global industrial and commercial LED lighting market is segmented into Europe, North America, Asia Pacific, and Rest of the World.

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Europe holds the biggest market share in the global industrial and commercial LED lighting market. According to the research report, it held a market share of 33.1% in the global industrial and commercial LED lighting market in 2012. This impressive market performance is attributable to the increasing investment made by various governments in this region. The Europe industrials and commercial LED lighting market is also getting an impetus from the complete ban on the production or import of incandescent lamps. This move is forcing manufacturers to shift focus to LED lighting, thus benefiting the regional market for industrial and commercial LED lighting.

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In addition to this, countries such as the U.K., Germany, Denmark, and Russia are also trying out various methods of effective and efficient lighting. The search for improved lighting solutions will fuel the global industrial and commercial LED lighting market.Amongst the end users of LED lighting, the commercial segment held a market share of 52.5% in 2012. The key growth driver for the global industrial and commercial LED lighting market is the increasing awareness about reducing CO2 emissions and cutting down on energy consumption.

The research report on the global industrial and commercial LED lighting market has profiled some of the key players in the market. The list of players studied in this report includes Cooper Industries plc, Digital Lumens, Inc., Osram Lict AG, Dialight plc, Koninklijke Philips Electronics N.V., Cree, Inc., Zumtobel AG, GE Lighting Solutions, and Toshiba Corporation. The profile includes an overview of these companies, their financial status, product portfolio, and research and development status.

Global Next Generation of Video Gaming Market CAGR of +10% by 2022 –Size, Share, New Technology Inventions, Opportunity Assessment and Key Players like Activision Blizzard, Electronic Arts, Microsoft, Sony, Tencent Holdings, Apple, Disney, Facebook

Next Generation of Video Gaming, Next Generation of Video Gaming Market, Industry, Trade, analysis, overview, trends, Growth, Size, Profit, Next Generation, Video Gaming, Gaming, Next Generation Technology, Gaming Technology
Next Generation of Video Gaming

Research N Reports analysts forecast the Global Next Generation of Video Gaming Market to grow at a CAGR of +10% over the period 2017-2022.

Augmented and virtual reality gaming are anticipated to become the next major revolution in video gaming, and 2017 will be deciding year for the technology, as a series of long-anticipated headsets make their commercial debuts. This report analyses prospects for the development of augmented and virtual reality technology, with a focus on VR headsets, which are expected to dominate the next generation of video gaming devices, gaining mainstream adoption by 2022.

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The Next Generation of Video Gaming global briefing offers a comprehensive guide to the Toys and Games market at an international level. It looks at both global and regional level performances as well as providing category and channel analysis. It identifies the leading companies and offers strategic analysis of key factors influencing the industry, new product developments as well as future trends and prospects.

Company Profiled in this Report:

Activision Blizzard, Electronic Arts, Microsoft, Sony, Tencent Holdings, Apple, Changyou, DeNA, Disney, Facebook, Google, GREE, GungHo Entertainment, King Digital Entertainment, Konami, Namco Bandai, NCSoft, NetEase, NetEase, Nintendo, Sega, Square Enix, Take-Two Interactive, Ubisoft, Zynga

Regions Covered:

United States, North America, Europe, China, Japan, Southeast Asia, India and RoW.

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The growth of the industrial sector is one of the main driving factors that is responsible for the growth and development of the next generation of video gaming market worldwide. The modern Internet of Things is following the surge of digitalization of innovation that builds up a scaffold amongst the physical and advanced world.

The report contours the foremost market players which are leading in this market. Similarly, it provides significant information about prominent companies, such as, business overview, financial overview, recent developments, product specification, and contact information. The challenges faced by the companies, the dynamics helping them to reach the highest level in the market, and the tactics implemented by each of the market players to market their products have been given. With the assistance of such data, a shareholder or an emergent player in the Global Next Generation of Video Gaming Market is armed to make deliberate decisions leading to their benefit or profit.

The Global Next Generation of Video Gaming Market is highly competitive. Players within the market are developing features such as a cloud-based interface for remote monitoring among others. Players are competing with each other on the basis of cost, innovative offerings, and expertise.

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Table of Contents

Global Next Generation of Video Gaming Market Research Report 2017

Chapter 1 Next Generation of Video Gaming Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

The examination of the manufacturing cost structure of the global next generation of video gaming market has been performed based on key aspects such as industry chain structure, manufacturing process, raw materials, and their suppliers. The manufacturing plants analysis and technical data of the global next generation of video gaming market have been explained in the light of raw material sources, technology sources, research and development status, manufacturing plants distribution, and commercial production date and capacity.

Industrial IoT Market 2017 Global Analysis, Opportunities and Forecast To 2024

The Industrial Iot Market based on industries can be segmented into agriculture, energy & power, healthcare, metals & mining, and manufacturing. These industries are expected to generate various opportunities due to the Industrial IoT technology. The manufacturing sector is currently the largest market holder for Industrial IoT. A change in the implementation of manufacturing processes is likely to benefit various organizations and businesses as it would enable effective collaboration, financial monitoring enhancement, high application of resources, smart decision-making skills, and opportunities to develop and test ground-breaking technologies in the industrial IoT market.

The manufacturing industry is responsible for the generation of high employment opportunities and contributes meaningfully to the GDP of many countries globally. Manufacturing industries include segments such as aerospace & defense, automotive, construction, farm, high tech, and industrial machinery. Manufacturers have various business priorities, which are impacting how they adopt IoT and which department they apply it, such as assets, products, or supply chain, which will further impact the industrial IoT market. Companies having their own production/manufacturing facilities are likely to be early implementers of the industrial IoT to change their services and products while products with long life cycles are expected to use IoT to change their services and products that will drive the industry growth.

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Industrial IoT Market size is anticipated to propel over the forecast timeline. Improving productivity, enhancing worker safety, and reducing operating costs are the major drivers propelling the industry growth. During the forecast period, Industrial IoT is expected to accelerate the reinvention and growth of verticals, which are responsible for two-thirds of the world’s output.

The surging demand for technological advancements and innovations to improve operational efficiencies primarily drives the industrial IoT market. The technology is anticipated to reshape several industries by generating various financial opportunities. Countries and companies are likely to be transformed showing competitiveness and financial growth. In the coming years, companies would benefit though Industrial IoT by seeing the technology as a tool to find evolution in unexplored applications.

Industrial IoT comprises innovative data analytics, machine-to-machine communication, machine learning algorithms, and sensor technologies to advance the companies’ executive abilities. Identifying probable failures in advance in technology to evade unexpected failures using analytical care techniques is a major factor influencing the adoption of the industrial IoT market.

Industrial IoT is the combination of compound physical equipment with data analytics solutions and industrial networks, improving working efficiency and reducing costs. Data and intelligent machines are expected to be revolutionized owing to the Industrial IoT technology thus having a positive impact on operations, productivity, and efficiency. Industrial IoT technology will allow companies to improve their revenues by improving and expanding manufacturing processes through forming new hybrid business models and exploiting intelligent technologies to transform their workforce and fuel innovations. These factors are anticipated to drive the industrial IoT market growth during the forecast timeframe. The adoption of Industrial IoT is possible owing to the development in supporting infrastructures such as cloud computing, progress in wireless technologies, sensing technologies, and standardization of IPv6. For instance, aviation manufacturers are providing complete rental programs on their gears and repairing contracts. The feedback from engine users would help manufacturers improve the engine design and reduce industrial and maintenance costs. Countries have appreciated that sensor data could be used to avoid disastrous catastrophes in key networks such as water, power, and transport. These factors are driving the industrial IoT market revenue.

The growth in the adoption of Industrial-IoT will lead to a shift in employment assemblies. The workforce will be blended and it is expected that humans and machines would work together to achieve results that humans nor machines can produce alone. Businesses will use smart machines and network solutions to atomize responsibilities at low costs and attain high-quality results. This will propel the industrial IoT market demand.

A key factor hindering the growth of the industrial IoT market is the lack of compatibility between the many technologies functioning in the IoT environment. The technology is mainly a union of data processing, industrial equipment, networking infrastructure, sensor technologies, and software solutions for data management and writing.

Semiconductor players have joined forces with hardware, software, networking companies with academic consortiums, and industry associations to develop formal and informal standards for industrial IoT applications. To overcome the factors hindering the industrial IoT market growth AT&T, Cisco, Inc., GE, IBM, and Intel Corporation formed the Industrial Internet Consortium 2014. This consortium has over 150 and more companies as members working together to help define industry requirements & standards, establish interoperability standards across environments and accelerate adoption of Industrial IoT. Other companies have been intensive on regulating the Application Programming Interfaces (APIs), allowing data transfer and basic commands amongst IoT devices.

Healthcare industry in industrial IoT market is expected to grow at a high rate during the forecast period. The solutions can completely change the healthcare industry through remote monitoring of critical patients. Data gathered through remote monitoring can be used for providing enhanced diagnostics and patient care. Availability of healthcare services and treatments can be enabled through intelligent and complete monitoring systems, propelling the industrial IoT market. Several companies have started providing integrated solutions by using Industrial IoT technology in the healthcare industry.

In Europe, Industry 4.0 is an upcoming trend in Germany which is the fourth industrial revolution and cyber-physical systems concept introduced to segregate new evolution phase from electronic automation phase, driving the industrial IoT market. It is a global movement towards the future of the industry and manufacturing, which will offer growth opportunities for the industrial IoT market in the region.

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Asia Pacific industrial IoT market currently holds the largest share of the IoT market and is anticipated to grow at a high rate during the forecast period. The rise in demand for automated technologies from metals, mining, manufacturing industries, and developments in healthcare solutions are projected to drive the industrial IoT market in the region.

Government regulations and initiatives in the industrial IoT market from countries, such as China, India, France, Germany, and the U.S., are helping them expand their manufacturing sectors with an increase in investments in the automation sector. This is further anticipated to drive the manufacturing industry across major economies globally in the industrial IoT market.

AT&T, Cisco, Inc., GE, IBM, Intel Corporation, Qualcomm, Accenture, Amazon, ARM, Atos, Bosch, Broadcom, Infosys, Google, Microsoft, National Instruments, Siemens, Tech Mahinda, Tata Consultancy Services, Unisys, Verizon, Zebra Technologies, and ZTE are the major companies contributing to the development and research of the industrial IoT market. Companies, such as General Electric (GE), have started providing integrated solutions for diagnostics and remote monitoring of critical patients using sensors and wireless technologies for the industrial IoT market.

 

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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NFC POS Terminal Market Pit Falls, Present Scenario and Growth Prospects from 2017 to 2024

NFC POS terminal market is witnessing an increase in the penetration of NFC POS terminals in the transportation sector for ticketing transactions. The inclination of customers towards the use NFC-enabled smart cards in automated fare collections is likely to boost the NFC POS terminal market growth. The NFC technology helps in achieving the short-range communication between electronic devices thus having a high compatibility with fare collection platforms. In comparison to its alternatives, NFC technology provides a high degree of customer satisfaction and experience as it is fast and helps in fast-tracking connections thereby escalating the demand for NFC POS terminal market.

NFC POS Terminal Market size is anticipated to witness growth opportunities over the forecast timeframe. Growing usage of NFC-enabled smartphones and emergence of mobile wallet services would be major drivers for the industry growth. Technological substitutions for ticketing in transportation, such as NFC-based mobile ticketing and contactless smart cards, are further driving the growth of NFC POS terminal market.

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An increase in the penetration of NFC-based mobile handsets is one of the prime reasons contributing to the NFC POS terminal market growth. Growing usage of NFC-enabled smartphones is likely to boost the use of NFC POS terminals for payments and digital exchange in transportation, retail, and healthcare industries. Usage of NFC payment infrastructure and popularity of NFC as a preferred payment mode for customers globally are pushing the NFC POS terminal market.

Value added services in POS terminals, such loyalty cards and coupons, will ensure customers a seamless experience thus driving the NFC POS terminal market. The availability of NFC technology and its incorporation into smartphones and POS terminals will help in achieving the benefit of access control and ticketing. Modernized POS terminals can calculate the best ticketing fare based on travel length, discounts, and prior journeys thus resulting in many benefits for customers as well as transport authorities.

An increase in the adoption of electronic payment systems in emerging countries fuel NFC POS terminal market. However, markets in developed countries are saturated due to the prior installations of NFC POS terminals. The use of NFC payment solutions and its growing popularity as an ideal payment mode by customers globally are driving the NFC POS market. The pay by phone trend by NFC compatible phones is pushing the adoption of NFC handsets among consumers thus speedily driving the roll-out of NFC POS terminals in various market sectors such as vending and parking.

A trend boosting the NFC POS terminal market is the adoption of contactless payment cards known as smart cards, which are embedded with chips and are encrypted with data. The data stored on these cards can be read by EMV-enabled POS terminals. In these devices, the transaction takes place with the help of NFC technology, which is also present in smartphones and smartwatches. The contactless cards when placed near the POS systems can accept payments within seconds thus making it easy for customers to make payments using NFC technology and thereby propelling the NFC POS terminal market.

Card issuing banks in many countries have gradually started to issue contactless cards in high numbers. There are a reasonable number of customers, who possess a contactless card and can use them, which makes it clear that NFC has a significant role in mobile wallet services thus propelling the NFC POS terminal market.

Ease of using NFC POS terminals with the existing infrastructure is preventing the further need of investments. The high cost of these solutions is expected to pose a challenge and thus hinder the growth of the NFC POS terminal market. While the installed NFC POS terminals are growing rapidly over the timeframe, the contactless technology has not been activated or is instantiable in many cases.

The upgrading of the magnetic stripe to EMV is due to the legal shift. The expansion of NFC POS terminal market is an indication that retailers are looking to provide convenience to customers. Payments using smartphones are slowly getting acceptance from customers and retailers due to the mobile payments solutions such as Android Pay, Apple Pay, and Samsung Pay. The capabilities of NFC POS terminals are not only affecting the financial ecosystem but also other important business aspects, such as marketing and customer services, making NFC POS terminal an attractive market.

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North America and Europe NFC POS terminal markets were introduced with Apple Pay in 2015. It was launched by Apple to make it possible to pay for goods and services by tapping one’s iPhone, iPad, or Apple Watch to a card reader. This could be possible if the customer was banking with a bank, which supports Apple Pay thus escalating the NFC POS terminal market demands. Furthermore, Android Pay and Samsung Pay were introduced in these regions. In the UK, the Transport for London (TFL) introduced the ‘pay for travel using contactless cards’, driving the NFC POS terminal market. North America market is expected to dominate the market.

In the U.S. NFC POS terminal market., some retailers had been cautious to adopt NFC POS payments in the beginning due to the lack of understanding of the added value, hardware, training expense, and security concerns. These issues were overcome as the merchants addressed and solved them thus opening doors to great benefits such as branding, loyalty, and data collection.

Asia Pacific NFC POS terminal market is expected to witness a high growth during the forecast period. This can be due to the increasing adoption of smart devices across these regions. Apple Pay is supported in some countries such as Singapore, Japan, Hong Kong, Australia, and New Zealand in the Asia Pacific region. China and India are expected to favorably impact the market owing to the large software base and its distribution in retail stores & automotive sector. High market growth in the region is due to the reduction in Total Cost of Ownership (TCO) and increase in Small and Medium Business (SMBs).

Key market players dominating the NFC POS terminal market include Cybernet, Inc. Equinox Payments, First Data Corp., Heartland Payment Systems, Paz Technology Ltd., Ingenico SA, NEC Technology, SZZT Electronics Co., Ltd., and VeriFone Systems. 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. 

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com