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Impact Of COVID-19 on Wireless Power Receiver Market Current Trends,SWOT Analysis and Forecast 2022

Market Research Future published a research report on “Wireless Power Receiver Market Research Report – Global Forecast till 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Overview

In this technologically advancing era, the demands for better technologies are growing at a high pace. Wireless power receiver technology is used for receiving the power without wires. Smartphones and smart wearables are now coming with this technology as it is an easy to use method and provides nearly identical results, making it suitable for usage. The growing digitalization and increasing usage of electronics that need continuous recharging are among the major reasons for the continuous growth in this market.

With the rising demands and introduction of technologies like charging the wearable smart devices from body heat have been empowering the market at a greater pace. The rise in disposable incomes and the rise in customer awareness have provided lucrative growth opportunities to this market and is getting stronger with time. The companies are readily investing in research & development programs to unfold the new aspects, imposing an extra load on the market and will help the market gain accelerated speeds.

Apart from the uses and features, the global Wireless Power Receiver Market is facing challenges from high costs involved and slow charging speeds compared to wired charging, which has restrained the global market growth. This report offers a complete outlook on the opposition, opportunities, drivers & restraints, and other factors affecting the neighborhood and global wireless power receiver marketplace. The worldwide market is anticipated to sign in approximately 24 % annual growth in this era.

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Key Players for Wireless Power Receiver Market: 

Some of the key players in this market are: Samsung Electronics Co Ltd. (South Korea), Texas Instruments Inc. (U.S.), Integrated Device Technology, Inc. (U.S.), NXP Semiconductors (Netherlands), Powermat Technologies Ltd (Israel), WiTricity Corporation (U.S.), PowerbyProxi (New Zealand), Qualcomm Inc. (U.S.), TDK Corporation (Japan), Convenient Power HK Limited (China) among others.

Segmentation

The global wireless power receiver market is segmented into classes as follows:

The global wireless power receiver market is characterized as inductive coupling, resonant coupling, capacitive coupling, and others based on technology.

The global wireless power receiver market is divided among consumer electronics, defense, automotive, healthcare, aerospace, and others based on applications.

Regional Classification

The wireless power receiver market has gained global adoption due to the rapid digitalization, increasing demands of advanced technologies, and high disposable incomes. The global wireless power receiver market is divided into North America, the Asia Pacific, Europe, and the rest of the world. The Asia Pacific region is currently leading the market and will file the fastest growth rate during the survey due to demands for better technologies, incoming major global key players, rapid digitalization, rise in disposable incomes, vast population, and other factors. The North American and European regions follow the market leader in the respective order.

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Semiconductor Wafer Market 2021 Latest Innovation, Top Companies, Current Trends, Industry Structure, Size and Forecast 2022

Market Research Future published a research report on “Semiconductor Wafer Market Research Report – Global Forecast till 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Overview

Market Research Future (MRFR), in its latest report on the Semiconductor wafer market reveals different factors that can impact the market in the near future. The increase in need for semiconductor wafer in level manufacturing equipment for electrical circuits and their accessories can underpin the expansion of the Semiconductor Wafer Market through the analysis period. As per MRFR data, the Semiconductor Wafer market can expand at about 3.8% CAGR across the assessment period. The Semiconductor Wafer market value is expected to touch USD 40 Bn by the end of the assessment period. A detailed assessment of the impact of COVID 19 pandemic on the semiconductor market is offered along with the report. The surge in demand for consumer electronic and rise of the IT sector are major factors that are likely to boost the market in the years ahead. The high demand for semiconductor wafer in the booming IT industry that boost supply chain around the globe can support the expansion of the semiconductor wafer market in the years ahead. Semiconductors emerging as a strong foundation for modern technology and high advancements in this field, the semiconductor wafer market is expected to thrive in the study period.

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Key Players 

Nikon (Japan), ASM International (U.S.), ASML Holding (Netherlands), Applied Materials (U.S.), Hitachi High-Technologies Corporation (Japan), Hitachi Kokusai (Japan), Screen Semiconductor Solutions (Japan), Tokyo Electron Limited (Japan), KLA-Tencor Corporation (Japan), and Lam Research Corporation (U.S.), among others are some well-known dealers in the Semiconductor Wafer global market as listed by MRFR.

Market Segments

The segment evaluation of the semiconductor wafer market is based on process and application. The process based segments of the semiconductor wafer market are BOEL and FEOL. The application based segments of the semiconductor wafer market are Consumer Electronics, Automotive IT, BFSI, Healthcare, Telecom, among others. The consumer electronic segments include Smartphone, Television, and Tablet/PC among others.  The advent of IoT and its penetration in the consumer electronics industry is likely to bolster the expansion of the market in the years to come. Other factors, such as reliance on the connectivity concept to bridge consumer concerns and device capability gap can also underpin the expansion of the market across the analysis period.

Regional Analysis 

In APAC, the rapid expansion of the semiconductor sector and easy accessibility of silicon wafer, along with increase in the demand for microelectronic devices can impel the expansion of the semiconductor wafer market across the analysis period. In addition, the presence of different digitization and electronic mobility aspects can boost the expansion of the market through the analysis period. Observing the current trends in the regional technology landscape, the sales of semiconductor enabled devices are sold in high number. These factors are likely to boost the expansion of APAC semiconductor wafer market in the study period.

In North America, the gradual increase in the need for small-sized gadgets with multiple functionalities, replacing use of single purpose serving devices, is expected to promote the expansion of the regional market. Advancements in wireless computing devices, such as tablets and smartphones that offer greater design with better efficacy can support the expansion of the semiconductor wafer market in North America in the analysis period. In Europe, high rate of adoption of semiconductor wafers by aviation sector can promote the expansion of the market through the analysis period. However, the semiconductor wafer industry is likely to face resistance in its expansion due to its environmental impact and shifting focus of companies on recycling to enhance their brand image in the market.

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Shortwave Infrared Market 2021 Sales Revenue, Trends, Research Depth Study, Latest Innovation and Forecast 2023

Market Research Future published a research report on Shortwave Infrared Market Research Report – Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

Shortwave Infrared market is expected to grow from USD 158.4 million in 2017 to USD 261.6 million by 2023, at a compound annual growth rate (CAGR) of 9.05% during the forecast period. Growing demand of shortwave infrared cameras for machine vision application in various industries such as electronics and semiconductors, food & beverages, and aerospace & defense coupled with advancement in shortwave infrared sensors that enables it to detect objects in low-light and complete darkness drive the growth of shortwave infrared market.

Key players

The prominent players in the Shortwave Infrared Market have been identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. The major vendors of the market are Sensors Unlimited (US), Flir Systems (US), Xenics (Belgium), New Imaging Technologies (France), Allied Vision Technologies (Germany), Sofradir (France), Raptor Photonics (UK), Opgal Optronic Industries (Israel), Hamamatsu Photonics K.K. (Japan), Photon Etc. (Canada), Ircameras LLC (US), Princeton Infrared Technologies (US), Episenors (Ireland), and HGH Infrared Systems (France).

These players are largely investing in organic growth strategies such as expansion and new product launches to strengthen their position in the shortwave infrared market. For instance, in 2018, New Imaging Technologies launched a new shortwave infrared camera WiDy SenS largely to cater to surveillance, microscopy, and laser beam profiling applications.

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Segmentation

The global shortwave infrared market has been segmented into type, technology, end user, and region.

By type, the shortwave infrared market has been segmented into area scan and line scan.

By technology, the shortwave infrared market has been segmented into cooled infrared imaging, and uncooled infrared imaging.

By end user, the shortwave infrared market has been segmented into aerospace, electronics & communication, food & beverage, military & defense, medical & healthcare, and others.

By region, the shortwave infrared market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.

Regional Analysis

The global market for shortwave infrared is estimated to grow at a notable rate during the forecast period from 2018 to 2023. The geographical analysis of shortwave infrared market is done for North America, Europe, Asia-Pacific, and the rest of the world.

North America is expected to dominate the shortwave infrared market from 2018 to 2023 owing to the high demand for SWIR cameras from end-use verticals such as defense, healthcare and scientific research. Furthermore, higher concentration global market players and easy availability of proficient technical expertise drive the demand for shortwave infrared cameras.

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https://icrowdnewswire.com/2021/01/05/waterproof-camera-market-2020-growth-with-worldwide-industry-analysis-emerging-trends-demand-features-top-player-and-forecast-2023/   

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Ultrasonic Sensor Market 2021 Research Depth Study, Emerging Trends, Size, Latest Innovations and Industry Outlook 2023

Market Research Future published a research report on Ultrasonic Sensor Market Research Report – Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

The major application of ultrasonic sensors includes industries to identify hidden tracks, defects in metals and other materials, and water level detection. The factors contributing to the growth of ultrasonic sensors include the rising adoption of smart factories and industrial automation. Moreover, the reliability and high precision of ultrasonic sensors make them one of the widely adopted sensors.

Key Players

The key players in the Ultrasonic Sensor Market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are— Siemens AG (Germany), Pepperl+Fuchs GmbH (Germany), Honeywell International, Inc (US)., Murata Manufacturing Co. Ltd (Japan), Rockwell Automation, Inc (US), Robert Bosch GmbH (Germany), Baumer Ltd (Italy), Schneider Electric SE (France), MaxBotix Inc (US), and Omron Corporation (Japan). These players contribute a major proportion towards market growth.

Apart from the top key players, the other players contribute nearly 30–35 % in the ultrasonic sensor market. These include Migatron Corporation (US), Hexamite LTD (US), Judd Communication (US), IFM Efector, Inc (US)., BeStar Technologies, Inc (US), TE Connectivity Ltd (Switzerland), Endress+Hauser (Switzerland), Addison Electric, Inc.(US), Jamieson Equipment Co., Inc (US), Simtech Process Systems (US), Nex Flow Air Products Corp (Canada), Optical Scientific, Inc (US). and others.

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Segmentation

The global ultrasonic sensor market is segmented into product, application, and region.

By product, the Ultrasonic Sensor market is segmented into ultrasonic through beam sensor, ultrasonic proximity sensor, and ultrasonic retro-reflective sensor.

By application, the market is segmented into anti-collision detection, distance measurement, liquid level measurement, and object detection

By region, the ultrasonic sensor market is segmented into North America, Europe, Asia-Pacific, and rest of the world.

Regional Analysis

The market for ultrasonic sensors is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of ultrasonic sensors market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and South America).

Among the regions mentioned the ultrasonic sensor market is highly dominated by Asia-Pacific and is also expected to grow at the highest growth rate during the forecast period. As ultrasonic sensors have most of its applications in industries, aviation consumer electronics, automotive, and aerospace. Asia-Pacific region is highly occupied by these industries and verticals. In addition, the region holds most of the developing countries with emerging economies. It is highly supported by the initiatives of government in countries like India, China, Taiwan, and Singapore.

On the other hand, North America had occupied the market with the second largest market share. This is due to the rich concentration of manufacturers with greater industry expertise operating in the market.

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Microgrid Controller Market 2021 Worldwide Industry Analysis, Emerging Trends, Research Depth Study and Forecast 2023

Market Research Future published a research report on Microgrid Controller Market Research Report – Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

The global microgrid controller market is expected to grow from USD 5.35 billion in 2018 to USD 10.73 billion by 2023, at a CAGR of 12.54% during the forecast period. Rise in demand for microgrids, shifting preferences towards the use of renewable energy sources and reducing carbon footprint, and growing investments by Government in microgrid projects are the key drivers influencing the Microgrid Controller Market. Upcoming smart city projects in Asia-Pacific and replacement of aging grid infrastructure in Europe are a few opportunities for the growth of microgrid controller market.

Microgrid Controller Industry Competitive Analysis

The key players have adopted partnerships and new product launches as a part of their organic growth strategy to further strengthen their market position. For instance, in 2019, Go Electric Inc., a provider of energy resiliency and microgrid solutions launched a new microgrid-enabled switchgear product—Hive. Hive is embedded with the company’s patented microgrid controller—AutoLYNC and can be used with a wide range of distributed energy resources such as solar, wind, energy storage, and gensets.

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Microgrid Controller Market Segmentation

The global microgrid controller market has been segmented based on connectivity, offering, vertical, and region.

By connectivity, the market has been segmented into grid and off-grid/islanded, the two modes in which a microcontroller works. The off-grid segment is expected to grow at the highest CAGR during the forecast period as these controllers are more reliable.

By offering, the market has been segmented into hardware, software, and service. The software segment is expected to grow at the highest CAGR during the forecast period owing to their growing usage for monitoring, predicting, managing, and optimizating energy supply and demand for a microgrid network.

On the basis of vertical, the market has been segmented into government, oil & gas, energy & power, industrial, automotive, military and defense, commercial, and others. Increasing deployments of microgrids across various end-use industries such as military, government, utilities and healthcare drive the growth of microgrid controller market.

Regional Analysis

A geographical analysis of the microgrid controller market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.

The North American market has been segmented into the US, Canada, and Mexico. The regional market is expected to account for the largest share of the global microgrid controller market during the review period. The growth of the market in North America can be attributed to the government support to propel the microgrid installations in the region. Furthermore, the high concentration of market players in the region coupled with the availability of proficient technical expertise also boost market growth.

In terms of market size, Europe is expected to hold the second-largest share. The European market has been divided into the UK, Germany, France, and the rest of Europe. Germany is the leading country-level market and the market in France is expected to register the highest growth rate during the forecast period.

The market in Asia-Pacific is expected to be the fastest-growing during the review period of 2018 to 2023. The regional market has been classified as China, Japan, India, and the rest of Asia-Pacific. Rise in the number of rural electrification projects in developing countries such as India and Bangladesh are driving the growth of microgrid controller market in the region.

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Insulation Monitoring Devices Market 2021 Global Size, Share, Top Leaders, Trends, Growth Factors, Segmentation, Analysis, Opportunities and Forecast 2023

Market Research Future published a research report on Insulation Monitoring Devices Market Research Report – Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Summary

Market Research Future (MRFR), in its research report, highlights that the global demand 2020 is projected to rise rapidly over the forecast period, ensuring substantial market valuation of USD 896.09 million by 2023 and a healthy 6.84% CAGR over the review period.

Drivers and Restraints

Certain advanced monitirong insulation devices allow the engineers to remotely test and reset the threshold unit. In addition, insulation devices are in high demand in a wide range of IT power systems offering protection in photovoltaic, data center, industrial and other applications. With the power plants being tracked in real time and continuously, businesses are able to reduce maintenance and operating costs that drive business development. Moreover, government regulations to install insulating surveillance equipment in IT networks to ensure people’s health often push global Insulation Monitoring Devices market growth.

Renewable energy sources, such as wind and solar power plants, suffer frequent fluctuations in insulation resistance due to changes in wind flow and solar radiation. Keeping track of the resistance to insulation is therefore a must in these plants. These renewable energy power plants therefore contribute to a large extent to the growth of the Insulation Monitoring Devices Market.

The latest trend in the market for insulation monitoring devices is the incorporation of new technological features, such as a high-resolution display, which can indicate isolation resistance fluctuation on a graph. This helps to calculate the risk and to take timely action. Such innovations provide greater reliability and, therefore, will greatly fuel the market and also create a number of opportunities in the coming years.

Insulation control systems have steadily gained popularity in the maritime, aviation , healthcare and industrial industries as they maintain an electrical device’s operating stability and have shock-free security; thereby optimizing the efficiency of electrical infrastructures. Nevertheless, their implementation and adoption is confronted with barriers and challenges, such as high initial investment costs and lack of skilled resources. Hidden costs are further hampering the insulation monitoring devices market.

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Competitive Dynamics

The major market players operating in the global insulation monitoring devices market as identified by MRFR are Eaton (Ireland), ABB (Switzerland), Bender (Germany), Mitsubishi Electric (Japan), Schneider Electric (France), Siemens (Germany), Hakel al. s.r.o. (Czech Republic), Littelfuse (US), Viper Innovations (UK), E. Dold & Sohne (Germany), Cirprotec (Spain), Captech (Australia) and Renesas Electronics Corporation (Japan).

The other market players include Lemvigh-Muller (Denmark), Martens (GHM Group), Deif A/S (Denmark), Megacon (Norway), and Wei Dian Union(Hubei) Technology Co.,Ltd (China).

Segmental Analysis

By mounting, the insulation monitoring devices market is segmented into din rail, screw mounting, and panel mounting.

By response time, the insulation monitoring devices market is segmented into <5sec, 5sec – 7sec, and >7sec.

By vertical, the market is segmented into power utilities, manufacturing, mining, healthcare, transportation, and others.

Regional Review

The global business regional analysis was conducted in four main regions including Asia Pacific , North America, Europe and the rest of the world.

Among these, due to the deployment of insulation monitoring devices in healthcare, transport, data centers, manufacturing plants and mining sectors, the North America region dominates the market, owing to strict government regulations to ensure electrical safety measures. In fact, spending by major industry leaders to apply such tools to solar power plants also fuels business development in countries such as the US, Canada and Mexico. In European countries including Germany, France , the UK, Spain and Russia, the market is experiencing a substantial development. European nations have implemented electrical safety regulations which allow companies to deploy insulation monitoring devices to smooth operations. The Asia-Pacific nations, including China, Japan , India, Australia , and New Zealand, have embraced solar and wind power utilities, and have installed insulation testing systems to measure variation in solar radiation and wind flow resistance. Moreover, growing numbers of manufacturing plants in this area are also driving business growth as well. The market is expected to grow in the Middle East and Africa region due to the presence of oil & gas manufacturing plants that demand insulation monitoring devices to ensure public safety and uninterrupted operations.

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Smart Power Distribution System Market 2021 Global Size, Share, Trends, Segmentation, Analysis, Opportunities and Forecast 2023

Market Research Future published a research report on “Smart Power Distribution System Market Research Report – Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

The global smart power distribution system market is poised to touch a valuation of USD 43.58 billion by 2023, according to Market Research Future (MRFR). It stood at USD 19.71 billion in 2017. The market is driven by developments in grid infrastructure and inclination of governments towards renewable sources of energy. Government mandates and policies supporting the movement can augur well for the market from 2018 to 2023 (forecast period).

Increasing consumer demand for uninterrupted power supply and high internet connectivity can spur the demand for smart power distribution systems. Integration of automation in industrial sectors to tackle power outage and optimize control of machines via remote-controlled switches can augur well for the global market. Development of smart cities can assist the Smart Power Distribution System Market to expand at a CAGR close to 14% over the forecast period. But high costs of installation can act as a market deterrent.

Key Players

Prominent players in the smart power distribution system market include Eaton Corporation (Ireland), ABB Ltd. (Switzerland), Oracle Corporation (U.S.), Siemens AG (Germany), Itron, Inc. (U.S.), Schneider Electric SE (France), Aclara Technologies LLC (U.S.), Tech Mahindra (India), Honeywell International Inc. (U.S.), General Electric Company (U.S.), and others. These players are focusing on energy optimization technologies in light of depleting fossil fuels and the inclination towards smart energy management solutions by consumers. For instance, Siemens has introduced a bevy of offerings to manage energy supply in data centers, supermarkets, and shopping centers.

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Segmentation

The smart power distribution system market can be segmented on the basis of component and application.

By component, the market is segmented into hardware, software, and services. The software segment is dominating owing to the ease it provides utilities in managing and distributing power. Grid upgradation strategies by various economies to cater to the growing energy demand of consumer is likely to facilitate the segment’s growth till 2023. But the services segment is touted to be the fastest growing owing to the integration of distributed energy resources (DER) in grids to combat sudden outage. Furthermore, rapid industrialization and automation of systems are factors expected to further this segment’s growth till the end of the forecast period. This can be credited to the software able to detect faults in systems as well alert the management on upcoming maintenance checks.

By application, the smart power distribution system market comprises industrial, commercial, and residential. Similarly, industrial is currently dominating the smart power distribution systems market and will continue its reign till 2023. While commercial is touted to grow the fastest owing to the mushrooming of malls and restaurants which consume electricity at a large scale.

Regional Analysis

Region-wise, the smart power distribution system market spans North America, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW).

North America is currently dominating the market owing to grid automation solutions and the presence of various providers. Furthermore, the environmental challenges faced by the countries in the region is expected to bolster market demand over the forecast period. Investments in renewable energy sources such as water and wind are likely to bode well for the smart power distribution systems market over the assessment period.

The European region is predicted to be lucrative for the global market owing to sustainable goals by countries in the European Union as well as personal pledges to reduce their carbon footprint. Policies outlining the replacement of legacy power grids and demand for smart systems to monitor electricity usage is expected to be profitable for the smart power distribution system market regionally.

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https://icrowdnewswire.com/2021/01/05/casino-management-system-market-high-tech-industry-analysis-industry-overview-business-trends-regional-study-competitive-strategies-and-forecasts-2023/ 

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Laser Tracker Market 2021 Share Leaders, Opportunities, Sales Revenue, Developments and Regional Forecast 2023

Market Research Future published a research report on “Laser Tracker Market Research Report – Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

Many industrial applications require extremely accurate large-scale measurements. A laser tracker is a portable coordinate measuring machine that allows users to achieve their accuracy goals quickly and easily and can replace traditional tools such as piano wire, plumb bobs, layout machines, theodolites, optical transits, and total stations. The growth of the laser tracker market is gaining momentum due to increasing demand for quality control & inspection, alignment, reverse engineering across industries such as automotive and aerospace & defense.

Key Players

Some of the key players of Laser Tracker Market include Faro (US), Hexagon (Sweden), and API (US), VMT GmbH (Germany), On-Trak Photonics Inc. (US), SGS (Switzerland), Variation Reduction Solutions, Inc. (US), Brunson Instrument Company (US), Hubbs Machine and Manufacturing Inc. (US), and PLX Inc. (US).

The prominent players keep innovating and investing in research and development to present cost-effective offerings. Merger and Acquisitions among various players are changing the laser tracker market structure. For instance, in 2016 Faro, the world’s most trusted source for 3D measurement and imaging solutions for factory metrology, product design, construction BIM/CIM, public safety forensics and 3D solutions and services applications, acquired Laser Projection Technologies, Inc., a leader in high-speed, long-range 3D laser projection and measurement systems designed for use in manufacturing applications requiring precise component alignment. This acquisition will enhance FARO’s robust portfolio of 3D measurement solutions.

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Segmentation

By component, the laser tracker market is segmented into Hardware, Software and Services.

Hardware is further segmented into Laser Tracker Head, Laser Tracker Controller, Retroreflector, Computer System and Essential Accessories. Services is sub-segmented into Professional Services and Managed Services.

By function, the laser tracker arket is segmented into Quality Control & Inspection, Alignment, Reverse Engineering, Tool building and setup, automated assembly system.

By vertical, the laser tracker market is segmented into Automotive, Aerospace & Defense, Architecture & Construction, Energy & Power, Railways, Shipbuilding and others.

Regional Analysis

The global market for unified monitoring is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of unified monitoring market is covered for the regions such as North America, Europe, Asia Pacific and rest of the world. Europe is expected to dominate the laser tracker market  due to the presence of major automotive companies. Europe is world’s largest producer of motor vehicles. The automotive industry requires measurement of large parts and assemblies, such as automotive body-in-white measurements. So laser tracker is widely used in automotive industry. Germany, the UK, and France are expected to be the top three contributors to the laser tracker market in Europe. Also, the European Commission supports the global technological harmonization and provides funding for R&D.

Asia Pacific is expected to grow at the highest CAGR during the forecast period. The market in Asia Pacific is gaining momentum from various industries such as automotive, aerospace and others, which uses tracker for quality control & inspection. Also increasing number of automotive and aviation manufacturers who are focusing on expanding their operation and manufacturing units across the different parts of Asia is also driving the laser tracker market growth significantly. China, India, Japan, and South Korea are the leading countries.

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https://www.wboc.com/story/42512978/phosgene-market-trends-share-growth-size-covid19-analysis-regional-outlook-and-forecast-2025 

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Digital Badges Market Research Depth Study, Emerging Trends, Size, Latest Innovations and Industry Outlook 2023

Market Research Future published a research report on “Digital Badges Market Research Report – Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Overview:

The Digital Badges market is getting impacted strongly by demands for effective communication. Digital Badges is an effective method to communicate by sharing existing WiFi network at low, or no-cost. This increases the profit margin for any company substantially owing to which industries are now showing great interest in the sector. The market is buzzing with the prospect of Digital Badges integration due to which an 11.65% CAGR during the forecast period (2018-2023) for the Digital Badges Market is quite possible. With this kind of growth rate, doubling the market valuation and reaching USD 34.68 billion mark by 2022 seems easily attainable. As per the reports of Market Research Future (MRFR), its ability to provide low-cost WiFi solution efficiently, improved indoor coverage through WiFi, and deft handling of increasing data traffic can take the Digital Badges market forward in coming years.

However, the Digital Badges market may have to ride across a few bumps regarding cost. Its installation procedure and infrastructural setup can incur high cost which can emerge as a set back for the Digital Badges market during the forecast period. But 5G technology integration holds a lot of promise for the market making long-time depression a distant dream.

Key Competitors

Key contributors in the Digital Badges market growth are Cisco Systems, Inc. (U.S.), Aruba Networks, Inc. (U.S.), Zebra Technologies Corporation (U.S.), Ruckus Wireless, Inc. (U.S.), Aerohive Networks, Inc. (U.S.), Extreme Networks, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Avaya Inc. (U.S.), Alcatel-Lucent Enterprise (France), and Dell Inc (U.S.).

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Segmentation:

The global Digital Badges market can be segmented by solution, application, and end-user.

Based on solution, the Digital Badges market can be segmented into hardware and services. Hardware is the frontrunner, and can be segmented further into wireless LAN access points, wireless LAN controller, wireless hotspot gateways, voice handsets/IP wireless phones, and others. Services can be further segmented into network planning & design, deployment, upgradation, & implementation, and training, support, & maintenance. Services is the fastest growing segment.

Application-wise, the Digital Badges market can be segmented by unified communication & collaboration, security & emergency alarms, and others. Other includes price marking, shipment tracking, and inventory management. Security & emergency alarms is expected to be the fastest growing segment.

Based on end-user, the Digital Badges market can be segmented into residential & small office/home office SOHO, healthcare, public sector & government offices, retail facilities & warehouses, education, manufacturing & distribution, logistics & transportation, hospitality, and others. The last segment includes banking, financial services and insurance (BFSI), IT & Telecom. Residential & SOHO segment is leading the market with considerable share. Healthcare segment can be the fastest growing one during the forecast period.

Regional Analysis:

Geographic approach of the Digital Badges market takes in North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

North America is leading the market with great gusto. The region is generating more revenue than any of its peers. The regional market is getting support from superior infrastructure and industries that wish to benefit more from such an advanced technology. Furthermore, most of the market behemoths are from this region which is significantly impacting the Digital Badges market growth.

Europe is also doing great business as its creditable setup is backing up fittingly its market endeavors. However, the APAC is showing great promises. The untapped territories of the region can open up previously unimaginable opportunities which is luring in many global players. Furthermore, India and China are showing significant prospects as these two emerging regions are branching out slowly.

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Micro-LED Display Market 2021 Global Size, Share, Top Leaders, Trends, Growth Factors, Segmentation, Analysis, Opportunities and Forecast 2023

Market Research Future published a research report on “Micro-LED Display Market Research Report – Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

High penetration of micro-LED technology-based products in the display panel market is expected to create great opportunity in this market. Micro-LED-based smartwatches and near to eye (NTE) devices are expected to commercialize in coming years owing to the manufacturing capabilities and the involvement of leading players in this Micro-LED Display market. Moreover, the adoption rate of micro-LED displays in premium smartphones is expected to rapidly increase during the forecast period, which is expected to drive the growth of the micro-LED market in smartphones. The market is segmented on the basis of application, panel type, vertical and region. North America is dominating the Micro-LED Display Market owing to the growing adoption of the latest display technologies in consumer electronics, retail, and education industries, especially in the US. Asia-Pacific is expected to be the fastest growing region due to increasing penetration of smartphones in this region.

Key players

The prominent players in the micro-LED display market are Apple Inc. (LuxVue) (US), Oculus VR (InfiniLED) (US), LG Electronics Inc. (South Korea) Sony Corporation (Japan), Samsung (South Korea), X-Celeprint (Ireland), Epistar Corporation (Taiwan), GLO AB (Sweden), VerLASE Technologies (US), JBD (China), and Aledia (France), among others.

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Micro-LED Display Market Segmentation

Micro-LED display market is segmented based on application, panel size, vertical and region. Based on the application, the market is segmented into smartwatch, NTE devices, television, head-up display, smartphone and tablet, monitor and laptop and digital signage. On the basis of panel size, the market is segmented into microdisplay, small- and medium-sized panel and large panel. Based on vertical, the market is segmented into consumer electronics, entertainment & advertisement, automotive, aerospace & defense and others. By region, the market is segmented into North America, Europe, Asia-Pacific and the rest of the world.

Regional Analysis

The global market for micro-LED display is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of micro-LED display market is done across North America, Europe, Asia-Pacific, and the rest of the world.

Asia-Pacific is expected to be the fastest growing region owing to the presence of major display panel and consumer-electronics manufacturers in this region, especially in the countries such as China, Japan and South Korea. Moreover, the increasing investments of multinational companies in developing their manufacturing facilities in the Asia-Pacific region driving the growth of this market. Also, high demand of smart electronic devices from countries like India is further fueling the growth of this market. North America followed by Europe is dominating the micro-LED display market. Increasing demand of micro-LED enabled wearables in the countries such US is fueling the growth of this market.

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About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Information:

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Email: [email protected]