Electronic Test Equipment Market Revenue, Trends, Competitive Analysis and Opportunities Demand by 2023
The staggering growth of cloud computing has elevated the demand of the electronic test equipment market in the recent years. The electronics equipment used in information and communication technology are connected with cloud based servers, which makes the networks more complicated in design; and hence testing plays a vital role in efficient operation of the networks. The price pressure in consumer electronics product is increasing; while the demand for cost-effective testing technologies is increasing continuously.
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Both the Eastern and Western European electronic test equipment market is witnessing slow growth. However, the electronic test equipment market in Eastern Europe is expected to witness higher growth during the forecast period. The market in Germany, France, and the U.K. is heading towards maturity, and the growth potential of the electronic test equipment market in these countries is hard to predict.
The North American market is expected to witness a moderate growth during the forecast period, owing to growth in M2M market post economic slowdown. Moreover, the growth is also expected from industrial and consumer electronics sector. Middle East and Africa is expected to witness considerable growth due to the development of 3G and 4G wireless communication services in Magnolia, South Africa, Ghana, and Nigeria.
Asia-Pacific is expected to be the largest and fastest growing market during the forecast period. The growth of wireless communication along with the growth in the manufacturing capacity of consumer electronics in China, India, Taiwan, and South Korea is driving the growth of the market in the region. Country wise, the U.S., China, Canada, South Korea, India, Germany, the U.K., France, Brazil, Russia, and South Africa are major electronic test equipment markets globally.
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Some of the competitors in the global electronic test equipment market are: JDS Uniphase Corp., Giga-tronics Inc., National Instruments Corporation, Pico technologies, Wireless Telecom Group Inc. and HAMEG Instruments GmbH.
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Air Conditioning Systems Market Analysis, Trends, Competitive Analysis, Demand and Opportunities by 2023
The climatic changes, government mandates for using environment friendly refrigerant, in addition to increasing middle class population in developing countries are the predominant growth drivers for the air conditioning systems market. Moreover, the stringent government mandates for energy efficient models has led to the replacement of existing air conditioning systems in the developed regions, such as North America and Europe.
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Latin America, Middle-East, and Africa have shown fastest growth over the past few years, owing to higher AC penetration in Brazil, Argentina, South Africa, and UAE, along with small market base of AC systems in the region. Brazil is expected to be the third largest market of single split air conditioning systems by the end of 2020. The El Niño phenomenon is the major growth driver for the Brazilian market.
Asia-Pacific dominated the global air conditioning systems market. China and Japan are two of the largest market in the region, which accounted for more than 75% of the total regional share in 2014. The demand of split system in Asia-Pacific witnessed highest growth, owing to the popularity of ducted split air containing system, in addition to growing adoption of variable refrigerant flow (VRF).
The market for conventional signal wall mount and small floor standing are heading towards maturity, and the growth of these variants is expected to be fairly slow during the forecast period. Asia- Pacific is witnessing above average growth, owing to the increasing demand from Myanmar, China, India, and Malaysia. The demand of air conditioning systems from Japan and Australia is expected to witness moderate growth, during the forecast period. The commercial and industrial sector is expected to be two major end users in the global air conditioning systems market. Automotive sector in expected to be the major end user of the air conditioning systems market, among the others commercial segment during the forecast period.
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Some of the competitors in the market are Samsung Electronics, Mitsubishi Corporation, Daikin Industries Ltd., LG Electronics, Panasonic, Hitachi Ltd., Carrier Corporation, and Denso Corporation.
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Small Unmanned Aerial Systems Market Analysis, Size, Trends and Growth Opportunities Forecast to 2023
The global small unmanned aerial systems market is growing, due to increasing use of unmanned aerial systems for law enforcement, need for advanced patrolling systems for marine borders, and requirement of high efficiency and technological advancements. Moreover, the enhanced capabilities of unmanned aerial systems to fight terrorism and their increasing demand for non-military applications are also supporting the growth of the market.
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The implementation of sense and avoid systems in unmanned aerial systems, and increasing defense budgets of Russia, Asia-Pacific, and Middle-East are two of the factors providing ample growth opportunities for the market in the coming years. Some of the factors restraining the growth of the global small unmanned aerial systems market are lack of skilled and trained pilots, lack of track record usage, and strict airspace regulations.
North America leads the global market, due to increasing applications in the commercial sectors and high production volume. The market in Europe is expected to grow with a significant rate in the coming years, due to increasing applications in law enforcement and agriculture, and relaxation in regulations within the region. Additionally, the favorable government regulations are supporting the growth of the small unmanned aerial systems market in the region. The Asia-Pacific small unmanned aerial systems market is also expected to grow in the coming years, due to increased use of unmanned aerial vehicles in agricultural activities within the countries of the region.
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Some of the competitors in the global small unmanned aerial systems market are The Boeing Company, Lockheed Martin Corporation, Finmeccanica SpA, AeroVironment Inc., Israel Aerospace Industries Ltd., Airbus Group SE, Elbit Systems Ltd. and Textron Inc.
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Enterprise Video Market Size, Trends, Opportunities and Demand by 2023
Enterprise video technology also incorporates collaborative techniques in an organization’s functioning. These factors are increasing the adoption of this technology, thus providing opportunity for growth. Based on delivery mode, the global enterprise video market can be broadly segmented as video streaming, webcasting, web conferencing and video conferencing.
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Based on end-users the global enterprise video market can be segmented as banking, financial services and insurance (BFSI), academia and government, healthcare, consumer goods and retail, media and entertainment, manufacturing, telecom and IT; and transportation and logistics. On the basis of application, the global enterprise video market can be bifurcated as corporate communication, knowledge sharing and management, learning and development and others.
North America and Europe were the two of the major enterprise video market. The market dominance of developed regions is attributed to wide adoption of video communication among the blue chip companies in this region. Asia-Pacific is expected to witness significant market penetration during the next five years, attributed to growing communication services industry in the developing countries such as India and China. Country wise, the U.S. and Canada are two of the largest enterprise video market in North America. Germany, the U.K., France and Spain are the major regional market In Europe. India, China, Japan and Australia are driving the enterprise video market in Asia-Pacific market.
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The enterprise video market is consolidated. About 50% of the market share is being occupied by the top six companies; Cisco Systems, Inc., and Polycom were the largest player in the enterprise video market. Some of the competitors in the enterprise video market are Verizon Communications Inc., Polycom, Microsoft Corporation., International Business Machines Corporation (IBM), Huawei Technologies Co. Ltd., Hewlett-Packard (HP), Computer Sciences Corporation (CSC), Cisco Systems, Inc., Avaya Inc. and Alcatel-Lucent S.A. .
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Specialized Threat Analysis and Protection Market Size, Trends, Opportunities and Demand by 2023
The intense need to improve the quality of protection, and increased network complexity of specialized threat protection and analysis, are the major growth drivers of the specialized threat analysis and protection market. Growth in the number of enterprise security requirements has increased the demand for software as a service (SaaS) based specialized threat analysis, and protection solutions which has beaten the demand for traditional IT security solutions.
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The specialized threat analysis and protection (STAP) market can be classified on the basis of the types of threats, detection techniques, functionalities and, components. On the basis of different types of threats, the STAP market can be divided into trojan, virus, worm, adware, keylogger, backdoor, exploit, dropper, phishing, cookies, bluesnarfing, boot sector virus, mouse tracking, browser hijackers, obfuscated spam, and crimeware.
On the basis of threat detection, the global specialized threat analysis and protection market can be divided into sandboxing, emulation, big data analysis and containerization. Functionalities involved in STAP include endpoint security, web security, messaging security, network security, security management, vulnerability management and cloud based security. Components of STAP include, intrusion detection and prevention, identity and access management, encryption, and advanced security malware.
The high cost of operation and issues associated with automation, scalability, and professional expertise are the major challenges, faced by the global specialized threat analysis and protection (STAP) market. Certain organizations cease from investing in such solutions, due to the high expenditures accompanying them. In addition, there are certain unseen expenses involved in the upkeep of advanced threat security solutions. Such factors discourage end-users from implementing these products, thus disrupting the development of the global specialized threat analysis and protection market.
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Some of the major competitors in the global STAP market are Palo Alto Networks, EMC Corporation, Check Point Software Technologies Ltd., Fortinet Inc, McAfee Inc, Juniper Networks Inc., Symantec Corporation and Trend Micro Incorporated.
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Smart Lighting Market Size, Share, Trends, Demand, Key Players and Opportunities by 2023
Smart lighting market is forecasted to reach $27,064 million by 2023. The growth is attributed to the rising interest of consumers towards the adoption of automation technologies such as internet of things (IoT), and increase in affordability and availability of smart automation technologies, globally.
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The smart lighting market is categorized into lighting source, communication medium, product, application, and service. The global market is driven by the new innovations and rapid increase in sales of smart light emitting diode (LED) solutions. In 2016, LED as an efficient lighting source contributed largest revenue to this industry and it is expected to witness highest demand during the forecast period. Smart LED based lighting solutions enable users with digital control using a programmable microcontroller-based lighting architecture.
Apart from this, advancements in LED based lighting technology through adoption of IoT and wireless lighting techniques is escalating the smart lighting market growth. For example, recently OSRAM Licht AG launched SIMPLUX, a LED based smart control system designed for small and medium sized spaces to provide enterprise level control and automation capabilities.
Based on wireless lighting communication, Wi-Fi technology generated highest revenue in the global market and Wi-Fi based lighting communication is also projected to witness fastest growth, during the forecast period. However, the market for booming technology Zigbee in lighting industry will pace up with similar growth as that of Wi-Fi.
Geographically, Europe has been the largest smart lighting market, accounting for more than 35% of global revenue in 2016, whereas the sales in Asia-Pacific is expected to witness the fastest growth, during the forecast period. The growth in Asia-Pacific will be led by factors such as surge in digitalization within industries, advancement in new lighting technologies by regional players, growth in investment in smart lighting market, and increasing adoption of connected technologies across indoor and outdoor sectors. Further, due to rapid technological advancements in IoT and improvement in network infrastructure, the region has high tendency to adopt smart lighting solutions as a mainstream alternative to traditional lighting, in near future.
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Some of the major players operating in this industry are Cree Inc., Hubbell Lighting Inc., Koninklijke Philips N.V., Osram Licht AG, Schneider Electric SA, Zumbotel Group AG, Acuity Brands Inc, Digital Lumens Inc., and Legrand SA.
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India Structured Cabling Market Size, Share, Trends, Demand, Key Players and Opportunities by 2023
The India structured cabling market is projected to reach $861.6 million by 2023 and is forecasted to witness a CAGR of 12.9% during 2018–2023. Increasing demand for copper cables, growing data center market, increasing number of product launch activities by the market players, and rising demand for bandwidth solutions, are the major factors driving the growth of the market.
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On the basis of application, the India structured cabling market has been categorized into data center and LAN. Data center is expected to register faster growth in the market, during the forecast period, owing to growing demand for cloud computing and cloud storage. This demand is fulfilled by increasing number of data centers in the country. The market for data centers in India is expected to reach a value of $4.1 billion by 2020. Tier I cities predominantly, Mumbai, New Delhi, Chennai, Bengaluru, and Pune are expected to be the main locations for data centers in the country.
Copper cabling has been providing a flexible, reliable, and economical communication medium since decades. Initially, commencing with the analog telephone and continuing with present high-speed digital networks, copper cabling has been the preferred choice for much of the communications infrastructure installed in India’s residential, commercial, industrial and institutional buildings.
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Some of the key players operating in the India structured cabling market are ComCore Connexions Pvt. Ltd., TE Connectivity Ltd., Schneider Electric SE, CommScope Holding Company Inc., Legrand Holding SA, The Siemon Company, Sterlite Technologies Limited, Panduit Corp., ABB Group, Belkin International Inc., Molex LLC, Belden Inc. and Reichle & De-Massari AG.SHARE
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