Gaming Hardware Market | Major Players are Apple Inc, Activision Blizzard Inc, Google Inc, Sony Corporation, Linden Research Inc, HTC Corporation, among others

According to a new market research report published by Credence Research “Global Gaming Hardware Market (Product Type (Gaming Console, Joystick Console, Head Mounted Devices (HMD), GPUs); Application (PCs, Television, Handheld Device)) Market – Growth, Future Prospects and Competitive Analysis, 2019 – 2027”, the gaming hardware market is set to grow with a CAGR of 15.7% during the forecast period, starting from US$ 135.25 Bn in 2018.

The gaming hardware is driven by the rapid technological advancement in the gaming domain. The gaming consoles have evolved significantly over the past decade from cassette base games to the advance digital video games with wearable technology. The integration of advance technologies such as augmented reality, virtual reality, gesture control, voice control into the gaming consoles is attracting new customers. Furthermore, the GPUs and TV screen are also getting smarter and more sophisticated to cop up with the changes in the gaming hardware. Additionally, due to the Increasing competition, the market players are also launching new iterations of their gaming consoles to carter the growing demand of the consumers. This is also accelerating the adoption of the gaming hardware among the consumers.

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The increasing disposal income of the population and willingness to pay more for new gaming consoles is the also acting as a major driver for the growth of the market. As the middle class of the emerging countries such as India and china is growing, the spending capacity of the population is also rising. This is enabling the population to spend on entertainment and leisure. Therefore, buyers are now more willing to pay for advance gaming technologies. However, the advent of the subscription based gaming services is acting as a major inhibitor for the growth of the gaming hardware market.

The gaming hardware market is bifurcated based on the application into PCs, TV and handheld devices. PCs segment accounted for more than 55% share in the gaming hardware market in 2018. The growth of the market is credited to the large scale adoption of the PC gaming across the globe. Furthermore, the high computation requirement of the high definition games also promotes the market growth. On the other hand, TV segment estimated to grow significantly during the forecast period. The market is driven by the growing adoption of the smart TVs for gaming consoles.

North America’s gaming console market is anticipated to grow substantially during the forecast period. The growth of the market is credited to the large number of gaming population in the region. The high disposable income of the population in the region is also one of the primary factors driving the demand for the home console market. Europe also contributes significantly towards the growth of the market.

The prominent players of the gaming hardware market are Apple Inc, Activision Blizzard Inc, Google Inc, Sony Corporation, Linden Research Inc, HTC Corporation, Microsoft Corporation, NVIDIA Corporation, Nintendo, Logitech International, Sega Games Co Ltd, Oculus VR LLC, and Venom UK Ltd.

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/60054

Report Scope by Segments

By Product Type Segment

• Gaming Console

• Joystick Console

• Head Mounted Devices (HMD)

• GPUs

By Application Segment

• PCs

• Television

• Handheld Device

By Geography Segment

• North America (U.S., Rest of North America)

• Europe (U.K., Germany, France, Rest of Europe)

• Asia Pacific (China, Japan, India, Rest of Asia Pacific)

• Rest of the World (Middle East & Africa, Latin America)

April 24, 2020 0

Home Wifi Router And Extender Market | Major Players are ASUS TeK Computer Inc., Belkin International Inc., Dell Inc., Cisco Systems, TP-Link Technologies, among others

According to a new market research report published by Credence Research “Global Home Wifi Router and Extender Market– Growth, Future Prospects and Competitive Analysis,2019 – 2027”,the overall Home Wifi Router and Extender market worldwide is expected to registered a market value of US$ 14.60 Bn in 2027 and is set to grow with a CAGR of 9.30 % during the forecast period.

Market Insights

Rising digitalization and technological advancement for home appliances is one of the factors which is driving the market across the globe. The rising demand for smart homes and connected devices for homes is fueling the growth of home wifi router and extender. These devices allow the user to the internet with the help of wireless signals reducing the requirement of the physical network and also expand the signals range with the help of wifi extender. Additionally, the increasing disposable income among the user and improvement in smartphones and consumer electronic devices has led to increasing the demand for wifi. Hence these factors a crucial role in the growth of the market.

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Based on end-device, the home wifi router and extender market have been segmented wi-fi extender and a wi-fi router. The wi-fi router segments are the dominating segment in 2018 with a market share of more than 60.0% and are expected to dominate the market during the forecast period. The increasing population across the globe and the increasing requirement of smart homes are considered one of the major factors driving the segment globally. The use of the internet has allowed increasing their home security by accessing the devices with their smartphones connected with wifi. Hence this has led to increasing the demand for wifi routers across the globe. The wifi router segment is expected to be the fastest-growing segment and is expected to dominate the market during the forecast period.

Europe accounts for the second-largest market share based on region. Moreover, the individuals are shifting towards wireless connectivity and networks in the region which is one of the major factors driving the home wifi router and extender in the region. Europe based on countries has been segmented as the UK, Germany, France and the rest of Europe. The UK accounts for the largest market share in the region due to the early adoption of smart homes in the region.

Some of the prominent players operating in the home wifi router and extender market include ASUS TeK Computer Inc., Actiontec Electronics, Inc., Belkin International, Inc., Dell Inc., Cisco Systems Inc., TP-Link Technologies Co., Ltd., Devolo AG, D-Link Corp., Intel Corporation, Huawei Technologies Co. Ltd., Legrand SA, Tenda Technology Inc., Netgear, Inc., and ZyXEL Communications Corp.

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/60056

Report Scope by Segments

By Wi-Fi Router Segment

• Normal Port

• Uplink Port

By Device Segment

• Wi-Fi Extender

• Wi-Fi Router

By Geography Segment

• North America (U.S., Rest of North America)

• Europe (U.K., Germany, France, Rest of Europe)

• Asia Pacific (China, Japan, India, Rest of Asia Pacific)

• Rest of the World (Middle East & Africa, Latin America)

April 24, 2020 0

RADAR Market Market | Major Players are BAE Systems, Lockheed Martin Corporation, Raytheon Company, Northrop Grumman Corporation, among others

According to a new market report published by Credence Research, Inc., “Global RADAR Market – Growth, Future Prospects and Competitive Landscape, 2019 – 2027”, the global RADAR market is expected to touch US$ 40.55 Bn in 2027, witnessing a growth of 4.12% CAGR across the forecast period of 2019 to 2027.

Product Insights

Increasing deployment of RADAR for security purpose and rising expenditure in the defense sector are the primary factors driving the demand for RADARs worldwide. Rising threat from rival countries due to technological up-gradation such as stealth technology that fails to intercept incoming enemy missiles or fighter aircrafts has deepen the spending in up-grading current RADAR technology. Besides, the rapid growth of automation in the automotive and aviation industry is expected to further fuel the RADAR market growth, with a CAGR of 4.12% from 2019 to 2027. However, the high cost of RADAR is expected to hamper the market evolvement.

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Based on type, RADAR is classified into pulsed-wave and continuous-wave RADAR. Puled-wave (PW) RADAR is majorly used for air and maritime surveillance, weather monitoring and guiding aircraft & drones whereas continuous-wave (CW) RADAR finds its application in enemy missile detection, traffic monitoring, vehicle speed detection and human gait recognition. PW RADAR is better for long-range whereas CW RADAR is superior for short-range target detection. Moreover, increasing development in autonomous vehicle technology such as ADAS, for detecting objects around a vehicle is expected to increase the CW RADAR share during the forecast period. In 2018, PW RADAR had a share of nearly 60% in the global RADAR market.

On the basis of geography, North America led the global RADAR market in 2018 with market share of over 35% of the global market size, in terms of revenue. Regional countries like the U.S. is spending heavily on its defense sector for modernizing its current technology. Also, it is home of major defense companies such as Lockheed Martin Corporation, Raytheon Company and Northrop Grumman Corporation. In addition, North American automotive industry is highly developed; with major companies of the region such as Waymo and BOSCH are investing heavily on an autonomous vehicle, the region is expected to be the largest during the forecast period.

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/60058

The overall RADAR market is quite competitive in nature with market players focusing on getting a defense contract from the government. In June 2019, Lockheed Martin Corporation demonstrated its advanced RADAR solution suitable for Lower Tier Air and Missile Defense Sensor (LTAMDS) needs of the U.S. army. Additionally, in September 2019, the U.S. army awarded a contract of US$ 281 Mn to the company for developing Sentinel A4 RADAR system, capable of detecting cruise missiles, UAVs and another rotary/fixed wings threats.

Some of the major companies profiled in the report include BAE Systems, Lockheed Martin Corporation, Raytheon Company, Northrop Grumman Corporation, Airbus S.A.S., Honeywell International Inc., Leonardo S.p.A., Thales Group, Saab AB, Reutech Radar Systems, TERMA and Infineon Technologies AG among others.

Report Scope by Segments

By Type Segment Type

• Pulsed wave

• Continuous wave

By Component Segment Type

• Antenna

• Transmitter

• Receiver

• Others (Power supply, Display, Duplexer switch)

By Range Type

• Long

• Medium

• Short

By End-use Type

• Military

• Aviation

• Weather forecast

• Ground traffic control

• Others (Mining, Medical devices, Agriculture)

By Geography Segment

• North America (U.S., Rest of North America)

• Europe (U.K., Germany, France, Rest of Europe)

• Asia Pacific (China, Japan, India, Rest of Asia Pacific)

• Rest of the World (Middle East & Africa, Latin America)

April 24, 2020 0

Wireless Microphone Market | Major Players are Audio-Technica Corporation, LEWITT GmbH, Røde Microphones, LLC, Samson Technologies Inc. and others

According to a new market research report published by Credence Research “Wireless Microphone Market – Growth, Future Prospects, and Competitive Analysis, 2019 – 2027”, the global market for wireless microphone was valued at US$ 1.90 billion in 2018 and is set to grow at 5.4 percent CAGR during the forecast period 2019 to 2027.

Market Insights

Rising wireless devices worldwide penetration and the growing global event industry are key drivers for the growth of the wireless microphone market. The global event industry is valued at around 1.05 Tn in 2018 and will continue to grow at a CAGR of almost 9.5 percent in the coming years. Increasing penetration of online education & training, rising sports events and the growth of the media & entertainment industry are also boosting the growth of the wireless microphone market. Wireless microphones have various advantages over wired microphones, such as unrestricted movement, clean machine, setup flexibility, hands-free operation, and others. Furthermore, the demand for wireless microphones is growing due to the above-mentioned benefits. The growing use of wireless microphones in government infrastructure is also boosting the market growth. We, therefore, expect the market for wireless microphones to show significant growth during the forecast period.

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Based on the product type, the global market for wireless microphones is led by the handheld segment in 2018, contributing more than 50% of the market share of revenue in the same year. The handheld segment is dominated by the penetration of these devices in music events, lectures, conferences, public speaking events, etc. Low cost, flexibility, and reliability are the other factors behind its dominance. On the other hand, the clip-on segment will show the fastest growth in the coming years. Lightweight, portability, hands-free devices and other benefits of clip-on microphones are key growth drivers for the segment. As a result, we expect the clip-on segment to be the fastest-growing segment in the forecast period.

Geographically, North America was the market leader in the wireless microphone market in 2018, followed by Europe and the Asia Pacific. North America contributed nearly 35% of the market share of revenue in the same year. North America is dominated by the growing event industry, the early adoption of technology, the established media & entertainment industry and the presence of major market players (such as Sennheiser Electronics GmbH & Co., Samson Technologies Inc., and others) in the region. On the other hand, we expect the Asia Pacific to be the fastest-growing region in the forecast period. Growing media and entertainment industries, increasing the adoption of smart devices and increasing the use of wireless microphones in various industries such as education, sports, hospitality, and others. As a result, we expect the Asia Pacific to be the fastest-growing region in the forecast period.

Major market players are developing new approaches, such as product launches, to increase their market presence. For example, in June 2019, Audio-Technica Corporation launched a new line of multi-version microphone systems. These microphones are interchangeable and come with three polar patterns, four-module options and six different lengths of the gooseneck. The microphones come with a full range, natural sound, desk stand, all microphone housing features, and flush-mount power modules.

Some of the major companies profiled in the report include Audio-Technica Corporation, LEWITT GmbH, Røde Microphones, LLC, Samson Technologies Inc., Sennheiser Electronic GmbH & Co., Koninklijke Philips N.V., Shure Incorporated, Sony Electronics, Inc., Yamaha Corporation, Harman International Industries, Inc., MIPRO Electronics Co., Ltd., and others.

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/60072

Market Segmentation

By Product Type

• Handheld

• Clip-on

• Others (Headset, Lavalier, etc.)

By Technology Type

• Wi-Fi Band

• Radio Frequency

By End-use Type

• Corporate

• Education & Training

• Media & Entertainment

• Others (Sporting Events, Hospitality, etc.)

By Geography Segment

• North America (the U.S., Rest of North America)

• Europe (U.K., Germany, France, Rest of Europe)

• Asia Pacific (China, Japan, India, Rest of Asia Pacific)

• Rest of the World (the Middle East & Africa, Latin America)

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Key questions answered in this report

What was the market size of a wireless microphone in 2018 and forecast up to 2027?
Which is the largest regional market by revenue for wireless microphones?
What are the major trends followed in overall wireless microphones across different regions?
What are the key market trends and high-growth opportunities observed in the wireless microphone market?
What are the drivers of the wireless microphone market?
Who are the key wireless microphone companies leading the market?
What are the key strategies adopted by the leading wireless microphone companies in the market?

April 23, 2020 0

USB 3.0 Flash Drives Market | Top Players are SanDisk Corporation, Toshiba, HP Inc., Kingston Technology Corporation, Lenovo Group Ltd., Samsung Group and others.

According to a new market research report published by Credence Research “USB 3.0 Flash Drives Market – Growth, Future Prospects, and Competitive Analysis, 2019–2027”, the overall USB 3.0 flash drives market worldwide was valued at US$ 1,863.8 Mn in 2018 and is set to grow with 17.7% CAGR during the forecast period.

Market Insights

“Increased data volumes and growing technology & demand for faster data transfers will boost the market growth during the forecast period”

Increased virtual size of data owing to quality enhancements is one of the promising factors for market growth. Small size, increased transfer speed, consume less power, easily compatible and others are some of the benefits of USB 3.0 flash drives, driving the market demand. Further, the rising demand for a compact with maximum storage devices worldwide is also helping the market growth. As a consequence, we assume that the global USB 3.0 flash drive market will show huge growth throughout the forecast period. Nowadays, the high manufacturing cost is the biggest challenge faced by the market. We expect that the challenge will be resolved over time as manufacturers are working on developing new low-cost technologies for manufacturing.

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Based on capacity, the global USB 3.0 flash drives market was led by 16GB to 64GB segment in 2018. The aforementioned segment contributed to around 37% of the global market revenue share in the same year. 16GB to 64GB segment has dominance due to large storage space and more transfer speed. Being the most preferred choice of storage capacity, the segment is expected to ensure continued growth over the forecast period.

Top manufacturers are mainly focusing on new technology expansion and product launch in developing nations. Innovations such as maximum storage space in will further spur revenue growth during the forecast period.

Industrial Developments

• In recent years, HP Inc. launched a new USB 3.0 flash drive with storage capacity ranging from 16GB to 128GB. The HP x765w comes with 10x faster speed and write & read transmissions compared with USB 2.0.

Key Market Movements:

• Globally, the USB 3.0 flash drives market is growing at a CAGR of 17.7% for the period from 2019 to 2027

• Asia Pacific dominated the global market in 2018 on account of a growing demand for more storage devices and the presence of major market players in the region such as Transcend Information, Inc., ADATA Technology Co., Ltd. and others.

• The Asia Pacific is projected to continue its dominance throughout the forecast period owing to the growing adoption of technology and rising urbanization in the region.

• An increasing number of new product expansion and increased health expenditure for launching innovative technology products will also boost market demand.

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/60111

List of Companies Covered:

• ADATA Technology Co., Ltd.

• HP Inc.

• Kingston Technology Corporation

• Lenovo Group Ltd.

• SanDisk Corporation

• Toshiba

• Verbatim Corporation, Inc.

• Transcend Information, Inc.

• Corsair Components, Inc.

• Emtec Inc.

• Monster Digital

• Gigastone Corporation

• Micron Consumer Products Group, Inc. (Lexar)

• Samsung Group

Market Segmentation

By Manufacturing Process

• Chip-on-board

• Conventional

By Capacity

• Below 4 GB

• 4 GB to 16 GB

• 16 GB to 64 GB

• 128 GB

• 256 GB and Above

By Geography Segment

• North America (the U.S., Rest of North America)

• Europe (U.K., Germany, France, Rest of Europe)

• Asia Pacific (China, Japan, India, Rest of Asia Pacific)

• Rest of the World (the Middle East & Africa, Latin America)

Key questions answered in this report

• What was the market size of USB 3.0 flash drives in 2018 and forecast up to 2027?

• Which is the largest regional market by revenue for USB 3.0 flash drives?

• What are the major trends followed in overall USB 3.0 flash drives across different regions?

• What are the key market trends and high-growth opportunities observed in the USB 3.0 flash drives market?

• What are the drivers of the USB 3.0 flash drives market?

• Who are the key USB 3.0 flash drives companies leading the market?

• What are the key strategies adopted by the leading USB 3.0 flash drives companies in the market?

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April 22, 2020 0

Emission Control Catalyst Market Size, Share, Growth, Trends, and Forecast 2019 to 2027 | Credence Research

The latest market report published by Credence Research, Inc. “Emission Control Catalyst Market: Growth, Future Prospects, and Competitive Analysis, 2019 – 2027” the emission control catalyst market was valued at US$ 17.28 Bn in 2018 and expected to grow at a CAGR of 7.2% during the forecast period from 2019 to 2027.

Market Insights

“Growing demand attributed by tightening government legislation and adoption towards advanced technologies will upgrade the market growth during the forecast period”

The growing concern over the consequences of air pollution have resulted towards the manufacturing of new emission free vehicles in order to curb down the emissions. Aided by the adoption of cleaner fuels, improvements in advanced material are synchronized by the advancement in both automotive engine and engineering, which emits very low emissions. In order to harmonize the global emission standards, regulatory authorities from developed economies like the U.S., and UK have streamlined numerous engine development mechanism and approvals such as “The Clean Air Act”, “MACT Standards”, and “UNECE Convention on Long Range Transboundary Air Pollution”. This facilitates an improved air quality whilst economy of scale and scope, thereby reducing a significant cost for emission technologies that will expand the market for emission control catalyst on a global scale.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/emission-control-catalyst-market

Improved technical advancement like introduction of the catalytic converters for the abatement of hydrocarbon and carbon monoxide emissions from gasoline vehicles will fuel the economy for emission control catalyst in the coming years. Moreover, adoption of advanced catalyst technologies like diesel particulate filter (DPF), selective catalytic reduction (SCR), three-way catalyst (TWC), and NOx reduction and storage catalysts will up surge the market growth on a global scale.

“Growing industrialization and production of automobiles coupled with presence of top manufacturers across the globe will enhance the market”

Growing production of automobiles in the developing economies such as India, Japan, Mexico, and China, owing to favorable government policies and rising consumer demand for vehicles is likely to expand the market for emission control catalyst over the next few years. Additionally, tremendous growth in automotive and industrial sectors projected to fuel the market growth. Moreover, presence of top automobile manufacturers and industrial players have increased their research & development (R&D), and investments towards manufacturing of catalytic converter systems. This trend is likely to play a vital role in driving the need for the usage of emission control catalyst in both industrial and automobile industry over the forecast period. For instance, in October 2018, Bharat Heavy Electricals Limited (BHEL) won a contract of around US$ 390 million from National Thermal Power Corporation (NTPC) to supply emission control equipment.

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Industrial Developments

• In December 2019, DRYREF™ syngas of Linde and BASF’s SYNSPIRE™ catalyst use CO2 as a feedstock, which enables the production of dry methane steam, thereby, reducing the CO2 emissions along with energy savings. Both companies have received the appreciation of “ICIS Award 2019”, towards best process innovation.

• In June 2019, BASF and Sichuan Lutianhua Co., Ltd. signed a memorandum of understanding (MoU) for developing a gas production plant, which involved in reduction of carbon emissions along with increase the production efficiency of dimethyl ether (DME) as compared to conventional process.

Key Market Movements:

• Globally, the emission control catalyst market is rising at a CAGR of 7.2% for the estimated period from 2019 to 2027.

• Asia Pacific to holds a largest market share for emission control catalyst market over the forecast period. Additionally, increasing investments in industrial and automobile sector, growing consumer purchasing power, and presence of emerging countries like China, Japan, and India will expand the market growth across the region.

• The Europe is likely to witness a substantial growth for emission control catalyst market in between 2019-2027. The tenacious rise in European Union (EU) standards for pollution control, adoption for new technologies will drive the market for paints & coating additives.

• However, growing urbanization, rapid expansion of automotive industries, and favorable government policies across the regions will drive the overall demand.

List of Companies Covered:

• Nett Technologies Inc.

• BASF Catalyst

• Johnson Matthey PLC

• Umicore

• Tenneco Inc

• Clariant AG

• Cataler Corp

• Haldor Topsoe A/S

• Aristo Intelligent Catalyst Technology

• DCL International Inc.

• Hitachi Zosen Corp

• NGK Insulators Ltd

• Sinocat Environmental Technology Co., Ltd.

• Zeolyst International

• Solvay SA

• Others

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About Credence Research (Original Publisher)

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, nonlegislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact

Name: Chris Smith

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SAN JOSE, CA 95103 US

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April 9, 2020 0

Public Transport Smart Cards Market (10.20% CAGR) 2019 to 2027: Global Industry Size, Share, Growth, Trends and Forecast

The latest market report published by Credence Research, Inc. “Public Transport Smart Cards Market: Growth, Future Prospects, and Competitive Analysis, 2019 – 2027” the public transport smart cards market was valued at US$ 57.20 Bn in 2018 and expected to grow at a CAGR of 10.20% during the forecast period from 2019 to 2027.

Market Insights

“Increasing requirement of safe and reliable smart ticketing system will upgrade the market growth during the forecast period”

The increasing fraud in public transportation causes huge losses to the nation in terms of revenue. To reduce these losses the government of various growing nations is adopting smart cards for public transportation. Additionally, the advancement in technology has also led to improving public transport services, due to which the smart card ticketing schemes are gaining popularity across the globe. A smart card ticketing system allows the government to gain profits and reduce the frauds due to manual errors. The increasing investments for enhancing public transports in various countries and increasing the adoption of digitalization play a vital role in the growth of the market.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/public-transport-smart-cards-market

Based on the mode of transportation, the public transport smart cards market has been segmented as light rail transit, bus, train, and others. The train segment dominated the segment in 2018 terms of revenue as well as volume, this is due to the increasing number of individuals traveling through the train and deploying new technologies to enhance the services are major factors that are driving the segment. However, the light rail transit segment is expected to be the fastest-growing segment due to their lower capital costs.

North America holds the second largest market share for the public transport smart cards market during 2018 due to the early adoption of the technology in the region and is anticipated to grow at a sturdy rate in the up coming years. The rising digitalization and increasing government initiatives towards digital payment are some of the factors which are expected to drive the market across the region. Moreover, product awareness and product acceptance by the individuals in the region is one of the major factors for the growth of the market. In 2018 the US accounted for the largest market share based on countries in the North America region.

Key Market Movements:

• Globally, the public transport smart cards market is rising at a CAGR of 10.20% for the estimated period from 2019 to 2027.

• Asia Pacific to clamps a largest market share for public transport smart card market over the forecast period. Moreover, increasing investments in investment by various manufactures and advancement in technology in payment systems, and rising demand for smart ticketing from emerging countries like China, Japan, and India will expand the market growth across the region.

• The Europe is likely to witness a substantial growth for public transport smart cards market in between 2019-2027. The tenacious growth towards card standardisation programme, rising application of true multi-application contactless bankcards, and development of multi-application solution to interoperable ticketing will drive the market growth.

• However, growing urbanization, rapid expansion of transit system smart cards, and favorable government initiatives for public transport across the regions will drive the overall demand.

List of Companies Covered:

• Infineon Technologies AG
• NXP Semiconductors N.V.
• Texas Instruments Inc.
• Oberthur Technologies S.A.
• Gemalto NV
• Giesecke & Devrient GmbH
• CPI Card Group Inc.
• American Express Company
• Atos SE
• INSIDE Secure SA
• ZTE Corporation
• OEM Technology Solutions

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About Credence Research (Original Publisher)

Media Contact

Name: Chris Smith

Address: 105 N 1st ST #429,

SAN JOSE, CA 95103 US

Toll-Free (US/CANADA) Ph.: +1-800-361-8290

E-mail: sales@credenceresearch.com

Website: http://www.credenceresearch.com

April 9, 2020 0

Magnetron Sputtering System Market (6.1% CAGR) 2027: Business Growth, Market Opportunities and Trends

The latest market report published by Credence Research, Inc. “Magnetron sputtering system Market – Growth, Future Prospects, and Competitive Analysis, 2019 – 2027”, the global magnetron sputtering system market is expected to grow at a CAGR of 6.1% during the forecast period from 2019 to 2027.

Market Insights

“Demand for high quality functional thin films from electronics & electric industry driving the market growth”

The growing use of magnetron sputtering systems in electronics and electrical components, biomedical and automotive has driven the global magnetron sputtering system market. As per Credence Research, the U.S. based market research firm, the market is estimated to show a moderate growth from 2019 up to 2027. The deposition of thin film using physical vapor deposition (PVD) techniques has widespread use in various industries. Increasing demand for coating with enhanced property such as high hardness, wear, and corrosion resistance, low friction, and specific optical and electrical properties can be achieved using the magnetron sputtering technique.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/magnetron-sputtering-system-market

Moreover, growing used in the automotive sector for coating auto headlights & taillights, auto trim components, drive train bearings and components and data storage products such as magnetic disks, microelectronic flash memory and also in decorative, security, lighting and energy applications. However, relatively low deposition rate, low energy efficiency, and ionization is obstructing the market growth. Overall, the global magnetron sputtering system market was US$ 2.1 Bn in 2018 and expected to grow at a CAGR of 6.1% from 2019 to 2027.

The overall magnetron sputtering system market is fragmented in nature and it is growing moderately. With technological advancement, major market players are launching new products with enhanced performance and deposition rate that is keeping the market on the rise.

Industrial Developments

In August 2019, ULVAC, Inc. launched PZT piezoelectric thin-film sputtering technology and high volume manufacturing solution. This new technology helps to solve the technical issues that is obstructing the development of MEMS devices that are used in autonomous driving and smart glasses wearable terminals. With this new technology, the company expected to capture the major share of the market.
• In May 2017, Springer Nature Limited reported the successfully demonstrated the hybrid system that combined magnetron sputtering with pulsed laser deposition. Under optimized conditions, the hybrid technique results in an enhanced deposition rate and two times smoother films than using a single technique alone.

Key Market Movements:

High-powered impulse magnetron sputtering (HIPIMS) is a recent advancement in sputtering technology. It utilizes very high voltage to generate high-density plasma which results in a high degree of ionization of the coating material. This produces a high-performance dense coating with better adhesion that is extremely smooth than conventional sputtering.
• Based on the application, the electronics & optics segment captured the major share of the magnetron sputtering system market. The growing electronics industry and rising application of the sputtering system in the electronics & optics industry is growing the share of the segment.
• Based on region, Asia Pacific region captured the highest market share of global magnetron sputtering system market. Well-established electronics market of China, Korea and Japan has helped the region to capture major share of the market.

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List of Companies Covered:

Buhler AG
Denton Vacuum
Torr International Inc.
Moorfield Nanotechnology Limited
Angstrom Engineering Inc.
ULVAC, Inc.
PREVAC SP. Z O.O.
PVD Products, Inc.
AJA INTERNATIONAL, Inc.
SEMICORE Equipment, Inc.
and Others

Market Segmentation:

By Product Type Segment

DC Magnetron Sputtering
RF Magnetron Sputtering

By Application Segment

Electronics & Optics
Automobile & Machinery
Biomedical
Others (Solar Cells, Decorative & Packaging, Architectural Glass, etc.)

By Geography Segment Type

North America (the U.S., Rest of North America)
Europe (U.K., Germany, France, Rest of Europe)
Asia Pacific (China, Japan, India, Rest of Asia Pacific)
Rest of the World (the Middle East & Africa, Latin America)

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March 13, 2020 0

Portable Fan Market will be growing at a CAGR of 3.3% during the forecast 2019 to 2027

The latest market report published by Credence Research, Inc. “Portable Fan Market – Growth, Future Prospects, and Competitive Analysis, 2019–2027” the portable fan market was valued at US$ 2,593.2 Mn in 2018 and expected to grow at a CAGR of 3.3% during the forecast period from 2019 to 2027.

Market Insights

“Trend for bladeless portable fans elevate the growth of the market”

Manufacturers are developing new products and improved products in the portable fans market, such as manufacturers are developing bladeless portable fans. Bladeless portable fans offer various advantages such as it is safer, easy to clean and can be controlled by the remote, thereby, does not require to be adjusted manually. Moreover, the development of solar-powered portable fans by the manufacturers in the global market increase the demand for portable fans market globally. Consumers nowadays are demanding products that can be charged from renewable sources. Thereby, it supports market growth. The rising per capita income and rapid urbanization in the emerging nations of the Asia Pacific such as China, India, Indonesia and others further expected to drive the portable fans market demand.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/portable-fan-market

Top manufacturers for portable fans market are focusing on developing new products for better consumer experience and are merging with one another.

Industrial Developments

In May 2019, Honeywell launched a new product. The Honeywell Turbo Force 2-in-1 fan offers maximum cooling by providing a balanced flow of air. The Honeywell Turbo 2-in-1 offers high-velocity air from the tower and the top fan is used for direct personal cooling. The high-velocity can be felt from up to 40 feet of distance.
In May 2018, Orient Electric Limited increased its product portfolio by launching a new 5-blade Wind-Pro series. The 5-blade Wind-Pro series of portable fan offers delivery of air without any sound. Through the launch of the 5-blade portable fan, Orient Electric aims to strengthen its presence in south India.

Key Market Movements:

Globally, the portable fans market is rising at a CAGR of 3.3% for the estimated period from 2019 to 2027
The Asia Pacific dominated the global market in the year 2018. The dominance led by the presence of major portable fan manufacturers and tropical temperatures in the region. The wide acceptance of portable fans in homes, offices and various businesses will boost the demand for portable fans in the Asia Pacific region.
The North America segment expected to grow considerably during the forecast period due to rising demand for portable fans in the residential segment. The research study suggests that the retail sales of portable fans in the U.S. account for about US$ 550 million in the year 2018.
The product segment subdivided into table fans, tower fans, and others. Table fan holds the largest market share of around 40% in the product segment. Table fans are the most widely used portable fan in the market due to wide availability in the market.
Trends such as bladeless portable fans, hands-free USB neck fans, and USB phone fans are increasing the demand for portable fans market globally.
Hand-held fans segment expected to grow significantly during the forecast period, as hand-held fans also being used by patients who suffer from chronic breathlessness. As per the European Respiratory Journal, 82 percent of patients suffer from breathlessness perceived benefit of using hand-held fans.

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List of Companies Covered:

Westinghouse Electric Corporation
Honeywell International Inc.
DecoBreeze
O2Cool, LLC
Lasko Products, LLC
Vornado Air, LLC.
Orient Electric
Acofanworks
Easyacc.com, Inc.
Crompton Greaves Consumer Electricals Limited
Xiaomi

Market Segmentation:

By Product Type

Table Fans
Tower Fans
Others (Pedestal Fans, Handheld Fans, etc.)

By Material Type

Metal Shell
Plastic Shell
Others (Wooden Shell, etc.)

By Application Type

Residential
Commercial
Others (Industrial etc.)

By Geography Segment Type

North America (the U.S., Rest of North America)
Europe (U.K., Germany, France, Rest of Europe)
Asia Pacific (China, Japan, India, Rest of Asia Pacific)
Rest of the World (the Middle East & Africa, Latin America)

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Medium Blog: https://medium.com/@kumarganesh028/portable-fan-market-global-industry-size-share-growth-trends-analysis-and-forecast-2019-to-3b0f5f8d80e

February 24, 2020 0

Electronic Logging Device Market Size, Share, Growth, Trends, Analysis and Forecast 2019 to 2027

The latest market report published by Credence Research, Inc. “Electronic Logging Device Market – Growth, Future Prospects, and Competitive Analysis, 2019–2027” the global market is worth US$ 12.04 Bn in 2018 and expected to grow at a CAGR of 5.1% during the forecast period from 2019 to 2027.

Market Insights

“Stringent government policy fuelling the ELD market growth”

Growing concern about on-road safety and for creating a safer work environment for drivers and to simplify tracking, managing, and sharing of records of duty status (RODS), many countries of the world are enacting laws to install electronic logging devices in their vehicles. Recently, in 2017, the U.S. government regularized the electronic logging device (ELD) rule as a part of MAP-21. With the passage of this law in 2017, the drivers of commercial vehicles, trucks, and buses have to mandatorily install ELD in their vehicles. Additionally, installation of the tachograph is also mandatory in the European Union that required the EU commercial vehicle owners and drivers to install tachograph- an ELD; thereby, driving the market growth. In 2018, Europe is the major shareholder of the global electronic logging device market capturing nearly 60% share of the market.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/electronic-logging-device-market

Furthermore, advancement in technology such as cloud-based ELD software is expected to influence the market. Recently, in October 2019, Mack Trucks collaborated with Geotab Inc., a Canada based company, to leverage its cloud-based data reporting for ELD compliance. Such market events are further driving the market growth. Overall, the global electronic logging device market was valued at US$ 12.04 Bn in 2018 and expected to grow at around 5.1% CAGR from 2019 to 2027.

The overall electronic logging device market is slightly fragmented in nature and it is growing at a moderate rate. However, technological advancement such as the launch of cloud-based ELD is expected to grow the market in the near future. Further, market players are adopting strategies such as new product development and advancement in technology, partnership & collaboration, merger and acquisition with other players to stay competitive in the already fragmented market.

Industrial Developments

In January 2020, Teletrac Navman US Ltd announced its integration with Fleetio, a fleet management software company. This mutual integration will benefit customers of both the companies in simplifying fleet management process, fleet maintenance and customized reporting of engine hours vs. mileage.
In December 2019, Omnitracs unveiled its new fleet management planner. It’s a cloud-based tool that can optimize fleet operation, service schedule, territory maps, and automated re-routing. With this new launch, the company is expecting to increase its share in the fleet management software market.

Key Market Movements:

Globally, the electronic logging device market is growing at a CAGR of 5.1% for the period from 2019 to 2027.
Based on component type, the electronic logging device market is segmented into a display, telematics units, and others. The telematics unit captured the highest share of the market.
Based on form-factor, embedded ELD captured the major share of the market owing to its features such as secure and reliable functioning.
In 2018, Europe captured a significant share of the market. On the other hand, North America is expected to grow at the fastest rate during the forecast period.

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List of Companies Covered:

AT&T
• Samsara Networks, Inc.
• Omnitracs
• Trimble Inc.
• Teletrac Navman US Ltd
• ORBCOMM
• Garmin Ltd.
• Geotab Inc.
• Donlen
• Pedigree Technologies
• Others

Market Segmentation:

By Vehicle Type Segment