Fitness App Market Future Trends, Opportunities and Strong Growth in Future 2023

 Market Synopsis

As per the research by Market Research Future Reports (MRFR), the Global Fitness App Market is estimated to record a CAGR of 31.25% during the review period from 2019 to 2026. Increased use of mobile applications is the primary reason driving the global fitness app market 2020. Apps like these have come into existence due to the intersection of the internet, media, and the latest technologies. The market is majorly influenced by the increasing inclination towards sports and fitness applications for regulating activities and heart rates, and the increasing demand for wearable fitness equipment. The digitalization of the healthcare sector in developing nations presents opportunities for expansion for the worldwide fitness app market during the review period. A rise in the usage of mobile applications has resulted in a growth in the adoption of several fitness apps to adapt to a healthy lifestyle. However, the tracker development and expensive cost of the fitness app is estimated to obstruct the market growth.

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Due to the sudden outbreak of novel coronavirus, there has been an immense change in the market dynamics. Several regions have been affected due to the pandemic. We will provide COVID-19 impact analysis with the report.

Key Players

The forefront players of the global Fitness App Market are Asics Corporation (Japan), Samsung Electronics Co., Ltd (South Korea), Google LLC (US),  TomTom International BV (The Netherlands), Nike, Inc. (the US),  Lenovo Group Limited (China), Adidas AG (Germany), Wahoo Fitness (US), Under Armour, Inc. (US), Azumio Inc. (US), and Grand Apps (US).

Market Segmentation

The Global Fitness App Market can be segregated on the basis of platform, deployment, type, and region.

On the basis of the platform, the global fitness app market can be segregated into smartphones, Wearable Devices, and Tablets.

On the basis of deployment, the global fitness app market can be segregated into Windows, Android, and Ios.

On the basis of type, the global fitness app market can be segregated into Activity tracking apps, Workout and exercise apps, and Nutrition Apps.

On the basis of region, the global fitness app market can be segregated into Asia Pacific, North America, Europe, and the Rest of the World (RoW).

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Regional Analysis

The geographical analysis of Asia Pacific, North America, Europe, and the Rest of the World (RoW) has been conducted. As per the analysis, the North American region dominates the global market. North America also acquired the largest market share in 2019, with a market value of approximately USD 16.82 billion. As per the analysis, the regional market is estimated to record a CAGR of 28.35% during the review period. The increasing demand for wearable devices such as smart rings, smartwatches, and smart bands is a primary reason for market expansion in the region. Besides, the increasing inclination of people towards being fit and healthy and the growing penetration of smartphones is another significant reason for market expansion.

on the other hand, the Asia-Pacific region is estimated to record the highest CAGR of 33.46% during the forecast period. The increasing inclination towards living a healthy life has played a major role in expanding the market in the region. Besides, the demand for better healthcare across the countries in the region is another factor that is likely to expand the APAC market and will make the APAC region as the fastest-growing region in the market. In addition to it, the increased disposable income is another reason which is driving the fitness app market in the APAC region.

However, due to the outbreak of pandemic coronavirus, several regions have been affected. The dynamics of the market are changed significantly.

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Freight Management Market 2020: Top Manufactures, Industry Set For Rapid Growth and Trend by 2023

 Market Synopsis

The data experts at Market Research Future Reports (MRFR) have analyzed and concluded that the global freight management market is predicted to value USD 18.63 billion, thriving at a CAGR of 9.4% by the end of 2025. The increasing global trade is estimated to be the most significant factor driving the global freight management market 2020. In addition, the increasing demand for supply chain visibility is projected to be another pivotal reason for market growth. The green freight provides real-world efficiency and is environmentally conscious, which is likely to propel the market. Besides, the adoption of technologies such as big data analytics and cloud computing is projected to bring several opportunities for market expansion. The usage of freight management systems helps in enhancing the efficiency and the streamlining supply chain. Moreover, it helps in saving time and the extra expenses owing to the transparency in operations offered by freight management systems.

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However, the crowded trade routes can impede market growth. Also, the spread of COVID-19 has influenced the global freight management market dynamics. The regional market dynamics have been affected substantially. The data experts at MRFR are analyzing the aftermath of coronavirus on the worldwide market. We will provide impact analysis report.

Key Players

The market players of the global freight management system market are Freightview (the US),  Mcleod Software (the US), Freight Management (the US), Logisuite (the US), Linbis (the US), Dreamorbit (India), Oracle Corporation (the US), Descartes (Canada), Werner Enterprises (the US), SAP (Germany), MercuryGate (the US), Accenture (Ireland), Ceva Logistics (Spain), UPS (the US), and JDA Software (the US).

Market Segmentation

The global freight management market can be segmented on the basis of transportation mode, component, end-user, and geography.

On the basis of transportation mode, the global freight management market can be classified into ocean freight, road freight, air freight, and rail freight. The ocean freight segment is estimated to record the fastest growth rate.

On the basis of component, the global freight management market can be classified into solutions and services.

On the basis of end-user, the global freight management market can be classified into shippers, forwarders, third-party logistics, brokers, and carriers.

On the basis of geography, the global freight management market can be classified into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.

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Regional Analysis

A thorough evaluation of Asia-Pacific, North America, Europe, the Middle East & Africa, and South America has been carried out. The market is estimated to expand exponentially during the review period. According to the study, the global market is estimated to be led by North America. North America holds the largest market share. The most significant reason for North America excelling is the massive investment in freight automation. Besides, the presence of established key players in the region is another pivotal factor leading to market growth. Moreover, the region is well-developed and adopts innovative technology at a fast pace. Europe attains the second position. Among all nations, the UK is expected to make the most significant contribution during the forecast period. The US is likely to acquire the largest market share. The second and third position is attained by Germany and France, respectively. The rapid growth in global trade and the demand to regulate the time-in-transit is predicted to expand the regional market. The APAC region is estimated to expand significantly during the forecast period. The developing economies of the region are estimated to make a substantial contribution to expanding the market.

However, market dynamics are likely to affect the global freight management market.

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Breach And Attack Simulation Market: Recent Market Trends and Projected Market Size by 2020 – 2023

 Breach and Attack Simulation Market -Overview

The uptick in organizational breaches is predicted to bolster the breach and attack simulation market 2020. The IT security reports are made by Market Research Future, which includes market options for progress. A productive CAGR of 41.39% is estimated to lead to revenues worth USD 1,109.5 Million by 2025.

The escalation in focus on security investments is estimated to increasingly favour the breach and attack simulation market in the approaching period. Moreover, the need for managing regulations and compliance prerequisites is predicted to steer the breach and attack simulation market.

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Segmental Analysis

The segmental study of the breach and attack simulation market has been segmented on the basis of application, end-user, component, and region. Based on the application, the breach and attack simulation market has been segmented into patch management, threat intelligence, configuration management, and others. The component-based segmentation of the breach and attack simulation market has been bifurcated into tools/platforms and services. On the basis of end-users, the breach & attack simulation market has been segmented into enterprises, managed service providers, and data centres. Based on the region, the breach and attack simulation market has been segmented into Europe, Africa, Asia Pacific, the Middle East, North America, and South America.

Detailed Regional Analysis 

The regional review of the breach and attack simulation market has been conducted based on Europe, Africa, Asia Pacific, the Middle East North America, and South America. The North America region currently dominates the market owing to the key players in the market. They are investing greatly in the research and development activities to progress breach and attack simulation platforms with cutting-edge skills for growing network security to prevent cyberattacks. The European market for breach and attack simulation is also anticipated to have a significant stake in the market owing to an upsurge in IT and cybersecurity expenditure by the administrations in the region to support their network security. The developing demand for an evolving number of startups concentrating on mounting tools for breach and attack simulation and cloud-based service are the aspects motivating the breach and attack simulation market progress in the region. The rest of the world segment is also anticipated to grow at an extensive rate throughout the forecast period due to the intensifying demand for the establishment of enterprise network against cybersecurity attacks and breaches.

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Competitive Analysis

The trends prevalent in the market are contributing substantially to the market’s progress. The market contenders are estimated to support the growth enabling factors and thus are estimated to pull the market out of the depression due to the ongoing global pandemic. The focus on accelerating growth is estimated to take the main stage in the forecast period. The need to effectively engage customers in all of their geographical markets is estimated to help the market overcome the hindrances being faced currently. The market is predicted to guide its future growth with the inclusion of a balance of innovation and continual product enhancement. Besides, the need to ensure that the long-term sustainable growth goals are not comprised due to the current difficulties is foreseen to be extremely important for the market stakeholders. The need to establish a unique advantage in the market is reviewed to have a substantial influence on the global market.

The eminent contenders in the breach and attack simulation market are Pcysys (Israel), Verodin, a part of FireEye (US), Skybox Security, Inc. (the US), XM Cyber (Israel), Qualys, Inc. (the US), MazeBolt Technologies (Israel), Scythe (US), DXC Technology Company (US), SafeBreach Inc. (US), Cymulate (US), FireMon, LLC (US), NopSec (US), Threatcare (US), AttackIQ, Inc. (the US), and Cronus Cyber Technologies (Israel).

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Blockchain IoT Market Revenue and Growth Rate Research Report 2020

 Market Synopsis

According to MRFR, the Global Blockchain IoT Market 2020 was valued at USD 124.58 Million in 2019 and is projected to record a CAGR of 93.4% during the forecast period.

Key Dashboard

The major players in the Global Blockchain IoT Market are Amazon.com, Inc. (the US), IBM Corporation (US), Intel Corporation (US), Microsoft Corporation (US), Cisco Systems (US), R3 (US), Chronicled (US), Filament (Nevada), Ethereum Foundation (Switzerland), KrypC (India), The Linux Foundation (US), ArcTouch (US), Filament (Nevada). 

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Market highlights

Adoption of the Internet of Things ( IoT) has increased the adoption of diverse advanced technologies such as edge computing, artificial intelligence, cloud computing, and blockchain. Blockchain provides the IoT networks, apps and applications with a decentralized and scalable environment and allows the connected devices to enhance ecosystem security. The IoT provides the various companies with a wide range of opportunities to conduct their operations smartly, and blockchain has immense potential for various industries including BFSI, automotive, manufacturing, and healthcare. The IoT and blockchain combination has allowed end-users to make their systems efficient. The main driving factors for the growth of the blockchain IoT market are IoT 's increasing adoption and the need to improve operational efficiency. Factors expected to generate substantial opportunities for players operating in the market during the forecast period are a growing number of government initiatives for the adoption of blockchain IoT worldwide and its increasing usage in the construction sector. Nonetheless, high processing power and time demands and higher latency with a rise in node numbers are estimated to impede market growth over the forecast period.

Market Segmentation

The Global Blockchain IoT Market has been analyzed based on End User, Application, Offering, and Region.

Based on the Offering, the global blockchain IoT market has been divided into software, hardware, and services.

Based on the Application, the global blockchain IoT market has been segmented into smart homes, data sharing, data security, asset tracking & management, smart contracts, and others.

On the basis of the End User, the global blockchain IoT market has been segmented into the supply chain and logistics, retail, automotive, construction, manufacturing, government, healthcare, energy and utility, and others

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Regional Analysis

The global blockchain IoT industry geographic study was carried out for North America, Europe, Asia-Pacific, Middle East & Africa and South America.

Owing to the early adopters of emerging technologies such as IoT and blockchain, North America has the largest market share. The North American market was further split into the US, Canada, and Mexico. The United States accounted for a considerable share of the market, followed by Canada and Mexico.

Due to the adoption of IoT technology across various industry verticals, Asia-Pacific is expected to be the fastest-growing regional market during the review period. Europe is projected to be the world's second-largest blockchain IoT market in the predicted time span. The market is expected to grow at a rapid pace in countries like the UK and Germany in the coming few years.

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Augmented Intelligence Market Production Value, Gross Margin Analysis, Sales, Demand, and Global Research Report 2023

 Market Scope

The augmented intelligence market 2020 seems to be on an unstoppable trajectory as it can likely record an astounding CAGR of 35.8% between 2019 and 2025 (evaluation period), says Market Research Future (MRFR). We will provide COVID-19 impact analysis with the report, along with the key developments that happened following the coronavirus disease outbreak.

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Top Drivers and Key Restraints

Augmented intelligence/AI in the healthcare industry is now largely considered to be a critical approach that helps with the detection of various diseases and also reach accurate clinical diagnosis. The latest COVID-19 outbreak has boosted the need for AI for predicting outbreaks. While expert health officials are highly important components of healthcare, AI is progressively being implemented to compile the constantly changing information to aid the health experts in reaching tough decisions. Since the advent of SARS-CoV-2, collecting news media, social media, health reports, and disparate information has become quite daunting, which calls for the use of augmented intelligence.

Since the beginning of the novel coronavirus, AI has been extensively used in treatment records to facilitate better treatment regimens and also easily adopt effective approaches in the healthcare industry. Since the lockdown imposed across countries by the government, AI has helped in fast detection of containment within a few regions in real-time and in an accurate manner. Therefore, the AI-based techniques are increasingly being adopted to detect epidemiologic risks quickly in order to improve the prevention, detection and prediction of unexpected worldwide health risks.

The augmented intelligence market growth seems promising as the need to analyze massive unstructured data volumes among enterprises has risen considerably over the years. Besides, the increasing spending on R&D by renowned vendors and the high adopt rate of augmented intelligence solutions among these vendors can also boost the industry growth. Acquisitions and mergers seem to be the most preferred growth strategies that are being adopted by many of the players, which can work in the market’s favor. Various authorities across the globe are coming together in the fight against the pandemic, by leveraging augmented intelligence’s advanced abilities.

In July 2020, HAI/ Human-Centered Artificial Intelligence came together with UNESCO as well as the Patrick J. McGovern Foundation to create CAIAC/Collective and Augmented Intelligence Against COVID-19. An advisory group is expected to be established, which will cater to the experts from global organizations, such as UN Global Pulse, UNESCO, and various UN entities. CAIAC will focus on the rapidly growing collection of global social, economic and health data related to the COVID-19 impact so that that the decision-makers are able to confidently decide on their next action.

Market Segmentation

The augmented intelligence industry has been extensively covered in the MRFR report, while considering the key segments such as offering, technology and end-use industry.

Depending on offering, the key market segments can be hardware, services and software. The hardware types are memory, network and processors, while the software types in the report are AI platforms as well as AI solutions. The services-based categories are support & maintenance along with deployment & integration.

Technology-wise market sections are natural language processing, machine learning, computer vision and context-aware computing. In the years ahead, it is expected that natural language processing can be the leading segment as it is able to analyze natural language interactions. Machine learning and machine vision can be the next leading segments in the market.

The key end-users in the industry are manufacturing, fintech, agriculture, healthcare, human resources, retail, automotive, and others. Between these, the lead can be taken by the healthcare segment while the BFSI segment can procure the second position over the appraisal period.

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Regional Outlook

The augmented intelligence market can be regionally categorized as North America, Asia Pacific/APAC, Middle East & Africa/MEA, South America and Europe.

North America is believed to be the biggest gainer in the coming years, with highest share in the augmented intelligence market. As the region houses a massive number of large along with small and medium enterprises, which are increasingly adopting AI, the market has the chances of becoming extremely lucrative. The rapid uptake of integrated cloud platform along with the new business models emerging in the market can also be some of the important growth inducers. The quick adoption rate of big data analytics and the escalating demand for smart virtual assistants are also bound to quicken the market growth speed in the years to come.

With the fastest CAGR, the APAC market can benefit immensely from the growing IT infrastructure and the established manufacturing sector in China and India. The rising use of profound learning along with NLP technologies in marketing, finance, law and agriculture applications could also add to the market strength in the region.

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IPS Displays Market Growth, Trends, Opportunities, Segmentation and Forecast to 2023

 According to Market Research Future (MRFR), the global IPS displays market is estimated to reach USD 74.87 billion, with a CAGR of 6.40% from 2019 to 2025 (forecast period). The report describes the strengths, opportunities, threats, and emerging market risks and offers a comprehensive overview of the global business environment with the effect of COVID-19.

IPS is a type of LED display panel technology that is part of the LCD panel technology. Professionals typically use the IPS panel displays due to their high cost and various advantages provided by the IPS panel; for example, they provide wider viewing angles to the user, provide a quicker response, and provide better color/contrast compared to the various vertical alignment (VA) and nematic twisted (TN) panels. These panels have been designed to address the limitations of the TN panel. One of the key benefits of IPS panels is that the colors on the IPS monitor do not change when viewed from a different angle compared to the TN panels. Technological advancements have made it possible for manufacturers to design these display panels in such a way that they can embrace professional color space technologies; this is a crucial factor driving the demand across the globe.

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Key Players

MRFR recognizes the key participants in the Global IPS Displays Market as AU Optronics (Taiwan), Acer Inc. (Taiwan), Lenovo Group Limited (China), WINSTAR Display Co., Ltd. (Taiwan), Panasonic Corporation (Japan), LG Display (South Korea), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Japan Display (Japan), AsusTek Computer Inc. (Taiwan), Dell (US), among others.

Prominent players continue to innovate and invest in research and development in order to deliver a cost-effective product portfolio. Recent mergers and acquisitions between market players have taken place, a strategy that business companies use to improve their access to customers.

Market Dynamics

Increasing disposable income around the globe is one of the key factors driving the market growth. In addition, professionals such as CAD engineers, pro photographers, graphic designers, and video editors benefit from IPS displays due to their improved contrast, speed, and resolution. These displays are used in mid-range to high-range smartphones due to their high production costs. Apple Inc. also uses these displays in their smartphones because of its advantages over the TN panels.

Market Segmentation

The global market for IPS displays has been segmented based on type and application.

Based on type, the global market for IPS displays has been segmented into AH-IPS, e-IPS, and others.

Based on application, the global market for IPS displays has been segmented into smartphone & tablet, TVs, PCs, and others.

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Regional Analysis

By region, the global market for IPS displays has been segmented into North America, Europe, Asia Pacific, and the rest of the world.

Asia Pacific captured the largest market share in 2018 due to the existence of various manufacturing companies providing IPS display panels of varying sizes depending on their applications. Growing urbanization and rising disposable income among users in the region are key factors driving the demand for IPS displays. Moreover, the growing population and demand for smartphones and tablets are also boosting the growth of the industry—companies like AU Optronics, Acer Inc. Lenovo Group Limited, WINSTAR Display Co., Ltd, and LG Display are some of the leading manufacturers in the region who are steadily investing in the development of new technologies linked to IPS display panels. China held the largest share of the region in 2018 due to the growing population and rising demand for better picture and color quality, which is considered the driving force behind the growth of the market. However, during the forecast period, India is expected to be the fastest-growing country-level market due to evolving consumer preferences based on color and resolution.

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Global and Regional Electronic Packaging Market: Revenue, Opportunity, Segment and Key Trends 2020-2023

 microcomponents in a single enclosure. Design and manufacturing activities for fabrication of components and devices in the consumer electronics industry has warranted its need for its protection. The global electronic packaging market report by Market Research Future (MRFR) comprises drivers, challenges, trends, and opportunities for the period of 2019 to 2025 (forecast period). The COVID-19 pandemic and its impact on the industry are highlighted in the report.

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Competitive Outlook

Major electronic packaging companies profiled are Sealed Air Corporation, DuPont de Nemours, Inc., Quality Foam Packaging Inc., UFP Technologies, Inc., Dordan Manufacturing Company, Kiva Container Corporation, STMicroelectronics NV, Primex Design & Fabrication, Plastiform Inc., The Box Co-Op, GY Packaging, Intel Corporation, AMETEK Inc., Samsung Electronics Corporation Ltd, AMS AG, Taiwan Semiconductor Manufacturing Co. Ltd., and Xilinx Inc.

Market Scope

The global electronic packaging market is estimated to reach USD 2254.49 million by 2025, registering a CAGR of 16.10% during the forecast period. Huge demand for consumer electronics can be the primary driver of the market. The penetration of smart devices has induced the need for electronic packaging of integrated circuits and wafers of nano sizes to cater to a large consumer base. The advances in internet of things (IoT) and wireless devices can facilitate market growth over the forecast period.

Integration of product functions or features into a single package can influence the market to a great extent. This is exemplified by the constant updates on smartphones which enhance its features significantly. Furthermore, updates in network communication technologies such as 5G pave open the path for more opportunities. Rise in autonomous vehicles can be a significant trendsetter for the industry in the coming years.

But the change in materials and modeling of next-generation consumer electronic devices can pose a challenge to the market growth.

Segmentation

The global electronic packaging market has been segmented by material, packaging technology, and end-user.

By material, the market has been segmented into glass, plastic, metal, and others.

By packaging technology, the market has been segmented into chip-scale packages (CSP), through-hole mounting, and surface surface-mount technology (SMD).

By end user, the market has been segmented into telecommunication, consumer electronics, aerospace & defense, automotive, and others.

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Regional Analysis

By region, the market has been segmented into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

According to MRFR analysis, APAC dominated the market in 2018 and is expected to continue during the forecast period due to the rising demand for consumer electronics across the region. Moreover, the presence of various electronic packaging companies such as Samsung Electronics Corporation Ltd and Taiwan Semiconductor Manufacturing Co. Ltd offering material and technology can further propel the growth of the market in the region. The growing population and increasing disposable income levels of citizens in the region can influence demand for electronic packaging. Additionally, a key market driver for the region is its dominance in the production of semiconductor devices globally. Major players in the semiconductor packaging market have manufacturing facilities in the region which accelerated the production and commoditization process. China led in the region followed by India. Furthermore, government-backed initiatives and investments for promoting the cutting-edge technology and developing semiconductor packaging solutions further help to drive the market.

North America can occupy a significant market share owing to the proliferation of new communication technologies and large defense expenditure of prominent nations such as the U.S. and Canada. The use of drones, guided missiles, and satellites contain integrate circuits which beckon the use of electronics packaging. The ability to withstand harsh environments can drive its demand in the region.

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Automation Control Components And Devices Market 2020-2023: with Focus on future Scope and Historical Analysis

 Market Analysis

The global automation control components and devices market is predicted to touch USD 87.75 billion at a 10.8% CAGR between 2019- 2025 states the recent Market Research Future (MRFR) analysis. The automation and control components and devices systems, simply put, are used for controlling, monitoring, and performing different industrial issues and automating processes with reliability, high precision, and better product quality. Connectors, couplers/relays, switches, among others, are the different types of automation control components and devices that are widely used in government, aerospace, and aviation, military defense, mining and metals, electronics and semiconductor, oil and gas, energy and power, automotive, and manufacturing.

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Various factors are propelling the global automation control components and devices industry share. As per the current MRFR report, such factors include the growing need to use better technology equipment for better results, products made with automation offer better quality, decreased operational cost, increase profit margin of products on a larger scale, and increasing adoption by organizations from different industries due to rising focus to attain energy efficiency in the manufacturing process. 

On the contrary, the current COVID-19 impact may limit the global automation control components and devices market growth over the forecast period. 

Key Players

Industry players profiled in the automation control components and devices market report include Siemens AG, Rockwell Automation, Honeywell International Inc., Encoder Products Company Inc, Baumer Ltd, Delta Electronics, LUTZE Group, ABB Limited, Phoenix Contact, Control Components Inc, Schneider Electric SE, Panasonic Corporation, and Omron Corporation, among others. 

Market Segmentation

The MRFR provides an inclusive segmental analysis of the global automation control components and devices market based on applications & type. 

By type, the global automation control components and devices market is segmented into connectors (active optical connector, FPC/FFC connector, high current stacking connector, board to board narrow pitch connector, board to FPC narrow pitch connector, and automotive connector), couplers/relays (automotive relays, interface terminals, safety relays, signal relays, power relays, control panel relays, solid-state relays, and photo IC couplers), switches (light-touch switches, limit switches, seal type switches, snap switches, push switches, fall detection switches, and interlock switches), and others (PIR motion sensors, force-sensing capacitive device, and encoders/potentiometers). 

By application, the global automation control components and devices market is segmented into government, aerospace and aviation, military defense, mining and metals, electronics and semiconductor, oil and gas, energy and power, automotive, and manufacturing.

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Regional Analysis

Based on region, the global automation control components and devices market report covers the recent trends and growth opportunities across North America, the Asia Pacific (APAC), Europe, & the Rest of the World (RoW). Of these, North America will have the lions share in the market over the forecast period. Increasing adoption of digital technologies to reduce the cost of production, the presence of major manufacturers in the region such as Omron & Panasonic, and increasing use of automation components especially in the metal & mining and oil & gas industry are adding to the global automation control components and devices market growth in the region. Such factors have impacted the manufacturers' manufacturing capacity profoundly in the region that is impacting the market growth. 

The global automation control components and devices market in Europe is predicted to hold the second-largest share over the forecast period. Growing demand for automation control components and devices in the manufacturing and automotive industry and top manufacturers laying emphasis on collaborations and mergers with other industry players to launch advanced automated products in the near future are vital factors which are adding to the global automation control components and devices market growth in the region. 

The global automation control components and devices market in the APAC region is predicted to grow at a high CAGR, and that in the RoW is predicted to have sound growth over the forecast period. 

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Mass Flow Controller Market 2020-2023: Historical Analysis, Opportunities and Strong Growth in Future

 from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The global mass flow controller market is expected to reach a valuation of USD 2.2 billion by 2023. The report presents a comprehensive evaluation of the global mass flow controller market to the readers, including a detailed look at the market’s historical growth figures, current statistics, and future growth prospects. The leading drivers and restraints affecting the global mass flow controller market are profiled in detail in the report. The major players operating in the global mass flow controller market are also profiled in detail in the report.

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Mass flow controllers are used to control the flow volumes of gases in various industries, including chemical, oil and gas, water and wastewater treatment, and others. The growing demand for low flow rate mass controllers in various industrial applications in these industries is a key trend in the global mass flow controller market. The growing chemicals industry is likely to be a major driver for the global mass flow controller market over the forecast period. The chemicals industry has grown spectacularly in the last few years due to the growing demand for various industrial raw materials. Chemicals such as acids and others have come in great demand over the last few years, as a result of the growing industrialization in emerging economies. This is likely to be a major driver for the global mass flow controller market over the forecast period. Growing private investment in the chemicals industry is also likely to be a major driver for the mass flow controller market over the forecast period.

The growing oil and gas industry is also likely to be a major driver for the global mass flow controller market. The growing global demand for energy has been a major driving factor for the oil and gas industry over the last few years. This has driven the demand for components that can help the industry refine its operations. This has been a major driver for the global mass flow controller market. The growing oil and gas industry is likely to remain an important driver for the mass flow controller market over the forecast period due to the shale gas boom in North America. The growing demand for LNG is likely to be a major driver for the mass flow controller market over the forecast period.

Competitive Leaderboard:

Leading players in the global mass flow controller market include MKS, Sierra, Alicat Scientific, Sensirion, HORIBA, Teledyne Hastings, Burkert, Brooks, and Bronkhorst.

In November 2017, Major Science launched Winpact mass flow controller, which can be integrated with fermenters or bioreactors.

In September 2017, FC Technik designed a new generation of thermal mass flow controller. The new flox [on] B has a new and economical design, an optimized high performance micro controller, and a micro USB port that allows the operation of the flox [on] with a PC.

In August 2017, Alicat Scientific integrated its MCE mass flow controller into MDC Vacuum Products’ XpressStick MFC Gas Stick. This product links the pressurized gas inputs to vacuum chambers.

In March 2016, Bronkhorst announced that its FLOW-SMS system can be connected to a PROFIBUS-DP fieldbus based system using just one single interface.

Segmentation:

The global mass flow controller market is segmented on the basis of connection type, flow measurement, material type, connectivity technology, application, and region.

On the basis of connection type, the global mass flow controller market is segmented into direct and indirect.

On the basis of flow measurement, the global mass flow controller market is segmented into low, medium, and high.

On the basis of material type, the global mass flow controller market is segmented into stainless steel and exotic alloys.

On the basis of connectivity technology, the market for mass flow controller is segmented into analog, Profibus, RS-485, Ethercat, Modbus TCPIP, and others.

On the basis of application, the global mass flow controller market is segmented into chemicals, petroleum, semiconductor, food and beverage, oil and gas, water and wastewater treatment, and others.

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Regional Analysis:

Asia Pacific holds the largest share of the global mass flow controller market due to the growing presence of the chemicals, oil and gas, and semiconductor industries in the region. The mass flow controller market in China, India, and Japan is expected to exhibit the most promising growth over the forecast period.

IoT Node and Gateway Market Historical Analysis, Comprehensive Research Study and Future Estimations 2023

 Overview:

The global IoT node and gateway market report predicts a surpassing of USD 17 billion by 2023 and it would gain a CAGR of 29% during the forecast period of 2018 to 2023. Market Research Future (MRFR) revealed that factors like advanced technology implementation to ensure improved communication network, compactness of sensors, better internet network, and the rising demand for sensors in biometric applications, and others are going to trigger better growth for the IoT node and gateway market.  

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Segmentation:

The global market report on the IOT node and gateway market has been studied on the basis of segments that include components and end-user. MRFR analysts included various charts, graphs, and others to increase the credibility of the global market.

By components, the global market report includes a study of the IoT node and gateway market that includes hardware, sensor, wireless, connectivity IC, and a memory device. The hardware segment includes Processor, Microcontroller (MCU), Microprocessor (MPU), Digital Signal Processor (DSP), and Application Processor (AP). The sensor segment has been studied by blood glucose sensor, temperature sensor, humidity sensor, blood oxygen sensor, Electrocardiogram (ECG) sensor, flow sensor, level sensor, image sensor, ambient light sensor, motion and position sensor, chemical sensor, carbon monoxide sensor, camera module, and others. The connectivity IC segment includes wired, Modbus, PROFINET, and Foundation Fieldbus (FF). The wireless segment incorporates a study of Bluetooth/WLAN, ZigBee, Ant+, Bluetooth, Bluetooth Smart/Bluetooth Low Energy (BLE), Near Field Communication (NFC), Wireless Fidelity (Wi-Fi), Wireless Highway Addressable Remote Transducer Protocol (WHART), Cellular Network, Navigation Satellite System (GNSS) Module, GPS/Global, ISA100, and others. The memory device segment comprises a study of On-chip memory and Off-chip memory/external memory. 

By end user, the global report studies the market of IoT node and gateway segments like

IT & Telecommunication, BFSI, consumer electronics, healthcare, wearable devices, agriculture, aerospace & defense, building & automation, and others.

Regional Analysis:

North America has the lead of the global market and is expected to continue its dominance during the forecast period. High integration of technologies and the flow of investment capacity are expected to bolster the regional market growth. 

Competitive Landscape:

Texas Instruments Incorporated (U.S.), Intel Corporation (U.S.), NXP Semiconductor N.V. (Netherlands), Hewlett Packard Enterprise Co. (U.S.), Adlink Components Inc. (Taiwan), Cisco Systems Inc. (U.S.), Advantech Co., Ltd. (Taiwan), Stmicroelectronics N.V. (Switzerland), Aaeon Components Inc. (Taiwan), Eurotech S.P.A (Italy), and others.

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Industry News:

In August 2020, DigiCert, Inc., an eminent name in the field of TLS/SSL, IoT and other PKI solutions, announced the launching of its new DigiCert Automation Gateway. Automation Gateway comes with an integration of it into DigiCert CertCentral® in Q4. This new automation has a specific design that would boost the adoption of a renewal, automated certificate issuance, reissuance, and revocation by managing some of the common concerns, along with the proper existing offerings. Automation Gateway will allow organizations enough confidence to deploy automation protocols that would inspire the company networks to ensure greater agility.

In July 2020, researchers from a South Korean state research institute, along with the American system of higher education in the United States, developed an Internet of Things gateway that will help in the expansion of mega-sized IoT networks where the application of energy-harvesting technology would play a crucial role. 

The IoT gateway is known for being a tool that collects data from IoT devices like sensors and beacons. This will help in creating a IoT network that influences a proper connection of devices. This IoT gateway device applies a backscattering technology to collect energy and it does not involve the need of power source.

The COVID-19 pandemic is inspiring the creation of a system that would include automation and companies are expected to initiate such changes to make sure that their production process benefits more. 

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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.

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Equipment Monitoring Market 2020 Comprehensive Analysis and Future Estimations 2023

 

Market Overview

 

Global equipment monitoring market is anticipated to exhibit 6.53% CAGR between 2018 and 2023.

Global Equipment Monitoring Market to Surpass USD 4 Bn by 2023 report Market Research Future (MRFR). The market is likely to surpass a valuation of USD 4 Bn by the year 2023 up from USD 3.01 Bn. Equipment monitoring systems have continued to evolve over the years and are likely to undergo further transformation in the future.

Incessant technological advances have led to development of highly effective monitoring systems. Manufacturers are introducing systems that are not only accurate but cost-effective. At the same time, integration of wireless technology has made them more dynamic. Such factors are having a positive influence on the global equipment monitoring market.

 

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Global Equipment Monitoring Market: Segmental Analysis

 

The segmental analysis of the market has been conducted based on deployment type, monitoring type, and end-user.

 

Based on deployment, the market has been segmented into cloud and on-premise. The later currently accounts for a higher market share and this trend is likely to continue throughout the assessment period. This is mainly owing to the capability of on-premise equipment monitoring to provide accurate data in real-time.

 

Based on monitoring type, the market has been segmented into thermal monitoring, corrosion monitoring, noise & alarm monitoring, motor current monitoring, vibration monitoring, GPS monitoring, and lubrication monitoring. The vibration monitoring segment currently accounts for the lion’s share of the market in terms of value. Vibration sensors and wireless systems are cost effective and highly efficient, which characterises their high preference.

 

Based on end-user, the market has been segmented into power, aerospace & defense, food & beverages, chemicals, automotive, metals & mining, oil & gas and others. The oil & gas segment is projected to retain its dominant position throughout the assessment period. Equipment monitoring has become key section in the oil & gas industry. The critical need for continuous monitoring of oil pipe, tanks and others equipment is driving the demand for equipment monitoring systems.

 

Global Equipment Monitoring Market: Competition Analysis

 

Some of the leading companies mentioned in MRFR’s report include Emerson Electric Co. (US), Honeywell International Inc. (US), Rockwell Automation Inc. (US), FLIR Systems (US), Fluke Corporation (US), General Electric Company (US), National Instruments Corporation (US), Brüel & Kjaer Vibro GmbH (Germany), Meggitt PLC (UK), and Schneider Electric SE (France). Market players are implanting strategies to gain a competitive edge. Many companies are aggressively engaging in merger and acquisition activities in order to expands their global presence and diversify product portfolio. Also, investment in research & development programs has also increased as more and more companies strive to stay ahead of the curve.

 

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Global Equipment Monitoring Market: Regional Analysis

 

Key regions analysed in the report include Europe, Asia Pacific (APAC), North America, Latin America, and the Middle East & Africa (MEA). The dominance of North America in the global equipment monitoring market is expected to prevail throughout the assessment period. This mainly due to presence suitable infrastructure that supports a quick integration. The strong infrastructure network creates favourable business climate for market players. Faster adoption of advanced equipment monitoring systems in countries such as the U.S. and Canada continue to provide an impetus to the market. Moreover, the region is home to some of the leading market players which puts North America in an advantageous position. Integration of cloud computing technologies in equipment monitoring system is opening new windows of opportunities. It is projected that the end-use verticals in the region will continue to present lucrative opportunities to market players during the forecast period. American Companies like Honeywell International Inc., Emerson Electric Co., Rockwell Automation Inc., Fluke Corporation, National Instruments Corporation, FLIR Systems and General Electric Company continue to strive for a higher share of the market in the region.

 

About Market Research Future:

 

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:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com