58 – CRI Report https://www.cri-report.com market research vender! Mon, 13 Feb 2023 03:18:39 +0000 en-US hourly 1 https://www.cri-report.com/wp-content/uploads/2021/01/cropped-shcrilogo-c.jpg 58 – CRI Report https://www.cri-report.com 32 32 Industrial Sensor Market Research Report Forecast to 2030 https://www.cri-report.com/industrial-sensor-market-research-report/ https://www.cri-report.com/industrial-sensor-market-research-report/#respond Sat, 28 Jan 2023 07:41:17 +0000 https://www.cri-report.com/industrial-sensor-market-research-report-forecast-to-2030/ Global Industrial Sensors Market Size is anticipated to register a CAGR of 8.3% during the review period.

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]]> Industrial Sensor Market Research Report Forecast to 2030

Market Snapshot

The worldwide Industrial Sensors Market Size is anticipated to register a CAGR of 8.3% during the review period. Temperature sensors are broadly sent in many ventures, including the clinical, food, hydropower station, petrochemical, metallurgy, printing and coloring drug business, and others. Temperature is the most estimated actual boundary in industrial creation, and numerous sensors can be utilized to screen it.

A temperature sensor is a gadget that gets temperature data from its environmental elements and makes an interpretation of it into determined values. Computerized temperature sensors and temperature and dampness sensors are the most used in industrial mechanization. Pretty much every interaction or natural situation has a sensor type that is proper.

The shrewd sensor consolidates signal molding, MEMS innovation, and firmware to suit the simple to-utilize and minimal expense discernment necessities of industrial plan engineers while fundamentally bringing down the improvement weight of configuration engineers.

Temperature estimation and control sensors have advanced into a fundamental part of industrial cycle observation. Numerous industrial applications require steady and exact temperature guidelines. Temperature sensors are utilized in these applications to guarantee exact temperature observation and control.

Surface mount RTDs, thermocouples, thermocouple tests, test-type RTDs, and different sorts of industrial temperature sensors are accessible. The test-type sensors stand apart because of their benefits in far-off and risky circumstances. The significance of temperature sensor tests in industrial applications is talked about in this exposition.

Market Segmentation

The worldwide Industrial sensors market has been sectioned in view of sensor type, innovation, end-client industry, and area. By sensor type, the worldwide market is ordered into Strain Sensor, Position Sensor, Gas Sensor, Picture Sensor, Attractive Sensor, Electromagnetic Sensor, Temperature Sensor, and Others.

The Strain Sensor section represented the biggest market share in 2021. As far as type, the worldwide market is ordered into contact and non-contact type.

As far as innovation, the worldwide market is ordered into Miniature Electro-Mechanical Frameworks (MEMS) Innovation, Reciprocal Metal Oxide Semiconductor (CMOS) Innovation, Nanoelectromechanical Frameworks (NEMS), and other sorts.

The Miniature Electro-Mechanical Frameworks (MEMS) Innovation fragment represented the biggest Industrial Sensors Market Offer in 2021. As far as the end-user industry, the worldwide market is ordered into Oil and Gas, Drugs, Synthetics, Assembling, and other End-user Industries.

Regional Insights

The worldwide Industrial Sensors market patterns, in view of locale, have been fragmented into North America, Europe, Asia-Pacific, Center East and Africa, and Latin America. North America ruled the Industrial Sensors market in 2021 owing to the largest market value among all.

Asia-Pacific held the second spot for the market share owing to the developing electronics and semiconductor industry in emerging economies. The region is supposed to enlist the most noteworthy development rate in the Industrial Sensors Market Offer during the review period.

Major Players

The key players of the industrial sensor market are Honeywell International Inc., Texas Instruments Inc, Panasonic Corporation, Siemens AG, Crocus Technology, Inc., Rockwell Automation Inc, TE Connectivity, Sensirion AG, Amphenol Corporation, AMS AG, Dwyer Corporation, Inc., Bosch Sensortec GmbH, Omega Engineering Inc., Microchip Technology Inc, ABB Group.

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries.

Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 22

1.1 MARKET ATTRACTIVENESS ANALYSIS 24

 

2 MARKET INTRODUCTION 25

2.1 DEFINITION 25

2.2 SCOPE OF THE STUDY 25

2.3 RESEARCH OBJECTIVE 25

2.4 MARKET STRUCTURE 25

 

3 RESEARCH METHODOLOGY 26

 

4 MARKET DYNAMICS 33

4.1 INTRODUCTION 33

4.2 DRIVERS 34

4.2.1 RISING ADOPTION OF TEMPERATURE INDUSTRIAL SENSOR 34

4.2.2 GROWING ADOPTION OF IOT AND INDUSTRY 4.0 IN MANUFACTURING 34

4.2.3 RISING DEMAND FOR SMART SENSOR BASED WEARABLE DEVICES 35

4.2.4 DRIVERS IMPACT ANALYSIS 36

4.3 RESTRAINT 36

4.3.1 THE INITIAL EXPENDITURE OF DEPLOYING INDUSTRIAL SENSORS 36

4.3.2 SCALABILITY AND RELIABILITY ISSUES IN DEPLOYMENT OF SENSORS IN SYSTEM ON CHIP 37

4.3.3 RESTRAINTS IMPACT ANALYSIS 37

4.4 OPPORTUNITY 37

4.4.1 GROWING DEMAND OF SMART SENSORS FROM AUTOMOBILE MANUFACTURERS 37

 

5 MARKET FACTOR ANALYSIS 39

5.1 VALUE CHAIN ANALYSIS/SUPPLY CHAIN ANALYSIS 39

5.1.1 RAW MATERIAL SUPPLIERS 39

5.1.2 ORIGINAL EQUIPMENT MANUFACTURERS (OEMS) 39

5.1.3 SYSTEM INTEGRATORS/ASSEMBLERS 40

5.1.4 DISTRIBUTORS & RETAILERS 40

5.1.5 END USERS 40

5.2 PORTER’S FIVE FORCES MODEL 41

5.2.1 THREAT OF NEW ENTRANTS 41

5.2.2 BARGAINING POWER OF SUPPLIERS 42

5.2.3 THREAT OF SUBSTITUTES 42

5.2.4 BARGAINING POWER OF BUYERS 42

5.2.5 INTENSITY OF RIVALRY 42

5.3 IMPACT OF COVID-19 ON THE GLOBAL INDUSTRIAL SENSOR MARKET 42

5.3.1 OVERVIEW 42

5.3.2 IMPACT ON INDUSTRIAL SENSOR 43

5.3.3 IMPACT ON DEVICE MANUFACTURERS 43

5.3.4 IMPACT ON SUPPLY CHAIN ANALYSIS 43

5.3.5 IMPACT ON PRICING OF INDUSTRIAL SENSOR MARKET 44

 

6 GLOBAL INDUSTRIAL SENSORS VOLUME (K UNITS), BY SENSOR TYPE 45

6.1 GLOBAL INDUSTRIAL SENSOR VOLUME (K UNITS): BY REGION 45

6.2 GLOBAL INDUSTRIAL SENSOR VOLUME (K UNITS): BY SENSOR TYPE 46

6.3 NORTH AMERICA INDUSTRIAL SENSOR VOLUME (K UNITS): BY SENSOR TYPE 47

6.4 EUROPE INDUSTRIAL SENSOR VOLUME (K UNITS): BY SENSOR TYPE 48

6.5 ASIA-PACIFIC INDUSTRIAL SENSOR VOLUME (K UNITS): BY SENSOR TYPE 49

6.6 REST OF THE WORLD INDUSTRIAL SENSOR VOLUME (K UNITS): BY SENSOR TYPE 50

 

7 GLOBAL INDUSTRIAL SENSORS PRICING ANALYSIS (ASP) (USD/UNIT) 51

7.1 GLOBAL INDUSTRIAL SENSORS PRICING ANALYSIS (ASP) (USD/UNIT) 51

 

8 GLOBAL INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE 52

8.1 OVERVIEW 52

8.1.1 GLOBAL INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 53

8.2 PRESSURE SENSOR 53

8.3 POSITION SENSOR 54

8.4 GAS SENSOR 54

8.5 IMAGE SENSOR 54

8.6 MAGNETIC SENSOR 54

8.7 ELECTROMAGNETIC SENSOR 54

8.8 TEMPERATURE SENSOR 54

8.9 OTHERS 54

 

9 GLOBAL INDUSTRIAL SENSORS MARKET, BY TYPE 55

9.1 OVERVIEW 55

9.1.1 GLOBAL INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 56

9.2 CONTACT 56

9.3 NON-CONTACT 56

 

10 GLOBAL INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY 57

10.1 OVERVIEW 57

10.1.1 GLOBAL INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 58

10.2 MICRO-ELECTRO-MECHANICAL SYSTEMS (MEMS) TECHNOLOGY 59

10.2.1 MEMS GYROSCOPES 60

10.2.2 MEMS PRESSURE SENSORS 60

10.2.2.1 ABSOLUTE PRESSURE SENSORS 61

10.2.2.2 VACUUM PRESSURE SENSORS 61

10.2.2.3 SEALED PRESSURE SENSORS 61

10.2.2.4 GAUGE PRESSURE SENSORS 62

10.2.2.5 DIFFERENTIAL PRESSURE SENSORS 62

10.2.3 MEMS MAGNETIC FIELD SENSORS 62

10.3 COMPLEMENTARY METAL OXIDE SEMICONDUCTOR (CMOS) TECHNOLOGY 62

10.4 NANOELECTROMECHANICAL SYSTEMS (NEMS) 62

10.5 OTHERS 62

 

11 GLOBAL INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY 63

11.1 OVERVIEW 63

11.1.1 GLOBAL INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 64

11.2 OIL & GAS 64

11.3 PHARMACEUTICALS 64

11.4 CHEMICALS 64

11.5 MANUFACTURING 64

11.6 OTHERS 64

 

12 GLOBAL INDUSTRIAL SENSORS MARKET, BY REGION 65

12.1 OVERVIEW 65

12.1.1 GLOBAL INDUSTRIAL SENSORS MARKET, BY REGION, 2021 VS 2030 (USD MILLION) 66

12.1.2 GLOBAL INDUSTRIAL SENSORS MARKET, BY REGION, 2018–2030 (USD MILLION) 66

12.2 NORTH AMERICA 67

12.2.1 NORTH AMERICA: INDUSTRIAL SENSORS MARKET, BY COUNTRY, 2018–2030 (USD MILLION) 68

12.2.2 NORTH AMERICA INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 69

12.2.3 NORTH AMERICA INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 69

12.2.4 NORTH AMERICA INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 70

12.2.5 NORTH AMERICA INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 72

12.2.6 US 73

12.2.6.1 US INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 73

12.2.6.2 US INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 73

12.2.6.3 US INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 73

12.2.6.4 US INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 75

12.2.7 CANADA 75

12.2.7.1 CANADA INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 75

12.2.7.2 CANADA INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 75

12.2.7.3 CANADA INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 76

12.2.7.4 CANADA INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 77

12.3 EUROPE 78

12.3.1 EUROPE: INDUSTRIAL SENSORS MARKET, BY COUNTRY, 2018–2030 (USD MILLION) 79

12.3.2 EUROPE INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 80

12.3.3 EUROPE INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 80

12.3.4 EUROPE INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 81

12.3.5 EUROPE INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 83

12.3.6 UK 84

12.3.6.1 UK INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 84

12.3.6.2 UK INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 84

12.3.6.3 UK INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 84

12.3.6.4 UK INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 85

12.3.7 GERMANY 86

12.3.7.1 GERMANY INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 86

12.3.7.2 GERMANY INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 86

12.3.7.3 GERMANY INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 86

12.3.7.4 GERMANY INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 87

12.3.8 FRANCE 88

12.3.8.1 FRANCE INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 88

12.3.8.2 FRANCE INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 88

12.3.8.3 FRANCE INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 88

12.3.8.4 FRANCE INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 89

12.3.9 ITALY 90

12.3.9.1 ITALY INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 90

12.3.9.2 ITALY INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 90

12.3.9.3 ITALY INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 90

12.3.9.4 ITALY INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 91

12.3.10 SPAIN 92

12.3.10.1 SPAIN INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 92

12.3.10.2 SPAIN INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 92

12.3.10.3 SPAIN INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 92

12.3.10.4 SPAIN INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 93

12.3.11 REST OF EUROPE 94

12.3.11.1 REST OF EUROPE INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 94

12.3.11.2 REST OF EUROPE INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 94

12.3.11.3 REST OF EUROPE INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 94

12.3.11.4 REST OF EUROPE INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 95

12.4 ASIA-PACIFIC 96

12.4.1 ASIA-PACIFIC: INDUSTRIAL SENSORS MARKET, BY COUNTRY, 2018–2030 (USD MILLION) 97

12.4.2 ASIA-PACIFIC INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 98

12.4.3 ASIA-PACIFIC INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 98

12.4.4 ASIA-PACIFIC INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 99

12.4.5 ASIA-PACIFIC INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 101

12.4.6 CHINA 102

12.4.6.1 CHINA INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 102

12.4.6.2 CHINA INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 102

12.4.6.3 CHINA INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 102

12.4.6.4 CHINA INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 103

12.4.7 JAPAN 104

12.4.7.1 JAPAN INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 104

12.4.7.2 JAPAN INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 104

12.4.7.3 JAPAN INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 104

12.4.7.4 JAPAN INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 105

12.4.8 INDIA 106

12.4.8.1 INDIA INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 106

12.4.8.2 INDIA INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 106

12.4.8.3 INDIA INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 106

12.4.8.4 INDIA INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 107

12.4.9 SOUTH KOREA 108

12.4.9.1 SOUTH KOREA INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 108

12.4.9.2 SOUTH KOREA INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 108

12.4.9.3 SOUTH KOREA INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 108

12.4.9.4 SOUTH KOREA INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 109

12.4.10 AUSTRALIA 110

12.4.10.1 AUSTRALIA INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 110

12.4.10.2 AUSTRALIA INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 110

12.4.10.3 AUSTRALIA INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 110

12.4.10.4 AUSTRALIA INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 111

12.4.11 REST OF ASIA-PACIFIC 112

12.4.11.1 REST OF ASIA-PACIFIC INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 112

12.4.11.2 REST OF ASIA-PACIFIC INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 112

12.4.11.3 REST OF ASIA-PACIFIC INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 112

12.4.11.4 REST OF ASIA-PACIFIC INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030

(USD MILLION) 113

12.5 REST OF THE WORLD 114

12.5.1 REST OF THE WORLD: INDUSTRIAL SENSORS MARKET, BY COUNTRY, 2018–2030 (USD MILLION) 115

12.5.2 REST OF THE WORLD INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 115

12.5.3 REST OF THE WORLD INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 116

12.5.4 REST OF THE WORLD INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 117

12.5.5 REST OF THE WORLD INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 119

12.5.6 MIDDLE EAST 120

12.5.6.1 MIDDLE EAST INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 120

12.5.6.2 MIDDLE EAST INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 120

12.5.6.3 MIDDLE EAST INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 120

12.5.6.4 MIDDLE EAST INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 121

12.5.7 AFRICA 122

12.5.7.1 AFRICA INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 122

12.5.7.2 AFRICA INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 122

12.5.7.3 AFRICA INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 122

12.5.7.4 AFRICA INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 123

12.5.8 LATIN AMERICA 124

12.5.8.1 LATIN AMERICA INDUSTRIAL SENSORS MARKET, BY SENSOR TYPE, 2018–2030 (USD MILLION) 124

12.5.8.2 LATIN AMERICA INDUSTRIAL SENSORS MARKET, BY TYPE, 2018–2030 (USD MILLION) 124

12.5.8.3 LATIN AMERICA INDUSTRIAL SENSORS MARKET, BY TECHNOLOGY, 2018–2030 (USD MILLION) 124

12.5.8.4 LATIN AMERICA INDUSTRIAL SENSORS MARKET, BY END USER INDUSTRY, 2018–2030 (USD MILLION) 125

 

13 COMPETITIVE LANDSCAPE 126

13.1 COMPETITIVE BENCHMARKING 127

13.2 VENDOR SHARE ANALYSIS 128

13.3 RECENT DEVELOPMENTS 128

13.3.1 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS 128

13.3.2 BUSINESS EXPANSIONS/ACQUISITIONS 129

13.3.3 PRODUCT LAUNCHES/DEVELOPMENTS 130

 

14 COMPANY PROFILES 131

14.1 ROCKWELL AUTOMATION INC 131

14.1.1 COMPANY OVERVIEW 131

14.1.2 FINANCIAL OVERVIEW 132

14.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 132

14.1.4 KEY DEVELOPMENTS 133

14.1.5 SWOT ANALYSIS 134

14.1.6 KEY STRATEGIES 134

14.2 HONEYWELL INTERNATIONAL INC. 135

14.2.1 COMPANY OVERVIEW 135

14.2.2 FINANCIAL OVERVIEW 136

14.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 136

14.2.4 KEY DEVELOPMENTS 137

14.2.5 SWOT ANALYSIS 137

14.2.6 KEY STRATEGIES 137

14.3 TEXAS INSTRUMENTS INC 138

14.3.1 COMPANY OVERVIEW 138

14.3.2 FINANCIAL OVERVIEW 139

14.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 140

14.3.4 KEY DEVELOPMENTS 140

14.3.5 SWOT ANALYSIS 141

14.3.6 KEY STRATEGIES 141

14.4 PANASONIC CORPORATION 142

14.4.1 COMPANY OVERVIEW 142

14.4.2 FINANCIAL OVERVIEW 143

14.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 144

14.4.4 KEY DEVELOPMENTS 144

14.4.5 SWOT ANALYSIS 144

14.4.6 KEY STRATEGIES 145

14.5 CROCUS TECHNOLOGY, INC. 146

14.5.1 COMPANY OVERVIEW 146

14.5.2 FINANCIAL OVERVIEW 146

14.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 146

14.5.4 KEY DEVELOPMENTS 146

14.6 TE CONNECTIVITY 147

14.6.1 COMPANY OVERVIEW 147

14.6.2 FINANCIAL OVERVIEW 147

14.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 148

14.6.4 KEY DEVELOPMENTS 148

14.6.5 SWOT ANALYSIS 148

14.6.6 KEY STRATEGIES 149

14.7 SIEMENS AG 150

14.7.1 COMPANY OVERVIEW 150

14.7.2 FINANCIAL OVERVIEW 151

14.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 151

14.7.4 KEY DEVELOPMENTS 152

14.7.5 SWOT ANALYSIS 152

14.7.6 KEY STRATEGIES 152

14.8 AMPHENOL CORPORATION 153

14.8.1 COMPANY OVERVIEW 153

14.8.2 FINANCIAL OVERVIEW 154

14.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 154

14.8.4 KEY DEVELOPMENTS 155

14.8.5 SWOT ANALYSIS 155

14.8.6 KEY STRATEGIES 155

14.9 DWYER INSTRUMENTS, INC. 156

14.9.1 COMPANY OVERVIEW 156

14.9.2 FINANCIAL OVERVIEW 156

14.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 156

14.9.4 KEY DEVELOPMENTS 156

14.9.5 SWOT ANALYSIS 157

14.9.6 KEY STRATEGIES 157

14.10 BOSCH SENSORTEC GMBH 158

14.10.1 COMPANY OVERVIEW 158

14.10.2 FINANCIAL OVERVIEW 159

14.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 159

14.10.4 KEY DEVELOPMENTS 160

14.10.5 SWOT ANALYSIS 160

14.10.6 KEY STRATEGIES 160

14.11 OMEGA ENGINEERING INC. 161

14.11.1 COMPANY OVERVIEW 161

14.11.2 FINANCIAL OVERVIEW 161

14.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 161

14.11.4 KEY DEVELOPMENTS 161

14.11.5 SWOT ANALYSIS 162

14.11.6 KEY STRATEGIES 162

14.12 SENSIRION AG 163

14.12.1 COMPANY OVERVIEW 163

14.12.2 FINANCIAL OVERVIEW 163

14.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 164

14.12.4 KEY DEVELOPMENTS 164

14.12.5 SWOT ANALYSIS 165

14.12.6 KEY STRATEGIES 165

14.13 AMS AG 166

14.13.1 COMPANY OVERVIEW 166

14.13.2 FINANCIAL OVERVIEW 166

14.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 167

14.13.4 KEY DEVELOPMENTS 167

14.13.5 SWOT ANALYSIS 167

14.13.6 KEY STRATEGIES 168

14.14 MICROCHIP TECHNOLOGY INC 169

14.14.1 COMPANY OVERVIEW 169

14.14.2 FINANCIAL OVERVIEW 169

14.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 170

14.14.4 KEY DEVELOPMENTS 170

14.14.5 SWOT ANALYSIS 170

14.14.6 KEY STRATEGIES 170

14.15 ABB GROUP 171

14.15.1 COMPANY OVERVIEW 171

14.15.2 FINANCIAL OVERVIEW 172

14.15.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 172

14.15.4 KEY DEVELOPMENTS 173

14.15.5 SWOT ANALYSIS 173

14.15.6 KEY STRATEGIES 173

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]]> https://www.cri-report.com/industrial-sensor-market-research-report/feed/ 0 Anti-Viral Fabric Market – A Global and Regional Analysis: Focus on Products and Region Assessment – Analysis and Forecast, 2021- 2026 https://www.cri-report.com/anti-viral-fabric-market-a-global-and-regional-analysis-focus-on-products-and-region-assessment-analysis-and-forecast-2021-2026/ Fri, 17 Sep 2021 02:23:28 +0000 https://www.cri-report.com/product/anti-viral-fabric-market-a-global-and-regional-analysis-focus-on-products-and-region-assessment-analysis-and-forecast-2021-2026/ global anti-viral fabric market is expected to grow at a significant rate in various end-use applications with a total addressable market size of $226.92 billion in 2020.

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]]> Market Report Coverage – Anti-Viral Fabric

Market Segmentation

• Product: Face Masks, PPE, Bed Linen and Spreads, Bath/Toilet Linen, Kitchen Linen, Upholstery, and Flooring Textiles

Regional Segmentation

• North America
• Europe
• Asia-Pacific
• Rest-of-the-World

Market Growth Drivers

• Wide-Spread Adoption and Development of Next-Generation Anti-Viral Fabric Technologies
• Advancement in the Field of Advanced Materials

Market Challenges

• Health Concerns Lead to Slow Adoption Rate of Anti-Viral Fabric in the Market

Market Opportunities

• Adoption of Anti-Viral Fabric in PPE Kits
• Adoption of Anti-Viral Fabric Technologies in Consumer and Commercial Industries
• Asia-Pacific and Japan Market Drives the Home Textiles Demand in the Market

Key Companies Profiled

SQ Group, Donear Industries Ltd., Peter England, HeiQ Materials AG, KARMAN, Hollander Sleep Products, D’Décor Home Fabrics Pvt. Ltd., Berger Paints, Polygiene, Diesel S.p.A, Bedgear, HealthGuard Corporation Pty. Ltd., Carrington Textiles Ltd, Takisada-Nagoya Co., Ltd., Ascend Performance Materials, Rudolf GmbH, Welspun, Milliken & Company

How This Report Can Add Value

Product/Innovation Strategy: The product segment helps the readers in understanding the different types of anti-viral fabric products and their market potential globally. The study showcases the overall total addressable market for various products and their adoption rate for anti-viral technology during the forecast years 2021-2026.

Key questions answered in the Report

• What are the futuristic trends in this market, and how is the market expected to change over the forecast years 2021-2026?
• What are the key drivers and challenges faced by the companies that are currently working in the global anti-viral fabric market?
• How is the anti-viral fabric market expected to grow during the forecast period 2021-2026?
• What are the opportunities for the companies to expand their businesses in the global anti-viral fabric market?
• Which region is expected to lead the global anti-viral fabric market by 2026?
• What are the key developmental strategies implemented by the key players to sustain in this highly competitive market?
• What is the adoption rate of anti-viral products in the global market during the forecast period 2021-2026?

Anti-Viral Fabric Market

Copper ion, silver ions, and various other chemicals were being tested for effectively killing the COVID-19 virus on the fabric within some hours of exposure. Several companies have developed new technologies which claim to kill the COVID-19 virus up to 99.9% within the time frame of thirty minutes to two hours. Several companies have been a success and have patented their technologies, passing all the tests and checks conducted by regulatory and health bodies of regions and countries. Some of the key companies involved in developing anti-viral technology fabrics are HeiQ Materials AG, Polygiene, Rudolf GmbH, and HealthGaurd Corporation Pty. Ltd.

Anti-Viral Fabric Market Industry Overview

The global anti-viral fabric market is expected to grow at a significant rate in various end-use applications with a total addressable market size of $226.92 billion in 2020. Face masks are the leading segment in the anti-viral fabric adoption rate during the forecast years, 2021-2026. Face masks account for the global total addressable market of $73.50 billion in 2020.

Market Segmentation

Anti-Viral Products Market by Product

The anti-viral fabric market has been segmented based on products, namely, face masks, bed linen and spreads, PPE, bath/toilet linen, kitchen linen, upholstery, and flooring linen. The face masks segment is estimated to dominate the global anti-viral fabric market. Face masks are one of the essential items of the new normal lifestyle since 2020. Various companies are coming up with new anti-viral technologies using various new types of advanced materials and technologies to develop anti-viral fabrics for face masks fabrics.

Anti-Viral Products Market by Region

The regions discussed in this report include North America, Europe, Asia-Pacific, and Rest-of-the-World. The study showcases detailed driving factors promoting the adoption of anti-viral fabrics in the regions and an extensive list of potential market players of the regions.

Asia-Pacific is expected to account for the highest share of the global anti-viral fabric market, owing to a significant number of companies based in the region, increased spending by textiles R&D centers, and wide adoption of face masks driven by a large population factor.

The Asia-Pacific region is the largest and most prominent developer, manufacturer, and exporter of textiles across the globe. The region has the largest market share for more than 50% of the textile industry.

Key Market Players

Some of the key companies operating in the market, include SQ Group, Donear Industries Ltd., Peter England, HeiQ Materials AG, KARMAN, Hollander Sleep Products, D’décor Home Fabrics Pvt. Ltd., Berger Paints, Polygiene, Diesel S.p.A, Bedgear, HealthGuard Corporation Pvt. Ltd., Carrington Textiles Ltd., Takisada-Nagoya Co., Ltd., Ascend Performance Materials, Rudolf GmbH, Welspun, and Milliken & Company

 

COVID-19 Impact on Air Filter Media Market: Market Segments: By Type (Nonwoven Fabrics, Fiberglass and Filter Paper); By End-user (Food & Beverage, Metal & Mining, Chemical, Pharmaceutical, Power Generation and Others); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030

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]]> Digital Healthcare Market in India 2020 https://www.cri-report.com/digital-healthcare-market-in-india-2020/ https://www.cri-report.com/digital-healthcare-market-in-india-2020/#respond Wed, 16 Sep 2020 02:07:26 +0000 https://www.cri-report.com/product/digital-healthcare-market-in-india-2020/ Market insights The healthcare sector in India has embraced digital transformation to improve quality and accessibility of healthcare services. In terms of revenue, the digital healthcare market in India was valued at INR 144.59 Bn in 2019, and is estimated to reach INR 884.50 Bn by 2025, expanding at a CAGR of 33.92% during the 2020-2025 period. Segment insights: Based on type, the market is segmented into telehealth, mHealth, electronic health records /electronic medical records (EHR/EMR), and others (remote diagnostics and healthcare analytics). The mHealth segment is estimated to dominate…

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]]> Market insights
The healthcare sector in India has embraced digital transformation to improve quality and accessibility of healthcare services. In terms of revenue, the digital healthcare market in India was valued at INR 144.59 Bn in 2019, and is estimated to reach INR 884.50 Bn by 2025, expanding at a CAGR of 33.92% during the 2020-2025 period.
Segment insights:
Based on type, the market is segmented into telehealth, mHealth, electronic health records /electronic medical records (EHR/EMR), and others (remote diagnostics and healthcare analytics). The mHealth segment is estimated to dominate the market, with ~41.72% of revenue share in 2025, followed by the telehealth segment. Enhanced accessibility and convenience encouraged patients to embrace mHealth services and solutions, including healthcare apps and wearable devices.
A keen focus on patient-centric healthcare services has boosted the demand for various telehealth services, including telemedicine, telecare, and teleconsulting. The EHR/EMR segment accounted for ~18.55% revenue share in 2019. Indian hospital chains such as AIIMS, Fortis Healthcare Limited, Manipal Hospitals, P D Hinduja Hospital, Ruby Hall Clinic, and Christian Medical College Vellore were the major adopters of EHR/EMR.
Technology insights:
Emerging technologies such as artificial intelligence (AI), machine learning, Blockchain, Internet of Things (IoT), Internet of Medical Things (IoMT), and Big Data analytics have helped in shaping the digital healthcare market. The advanced algorithm based on AI and machine learning has the potential to analyze complex medical data, and predict treatment and care plans for patients. IoT and IoMT have contributed to the growth of the digital healthcare market through the introduction of smart bands, smartwatches, smart glasses, connected medical devices for remote monitoring, and location-based trackers.
Impact of COVID-19:
The onset of the pandemic has accelerated the digital transformation of the Indian healthcare industry. The country has embraced digital healthcare as a major tool to access medical attention, owing to factors like nationwide lockdown, social distancing norms, and fear of virus transmission. With skyrocketing demand for digital healthcare solutions in the wake of the pandemic, market players are focusing on expanding their offering while improving the technology infrastructure.
Furthermore, the government has been actively promoting the use of telemedicine lately, which has pushed market growth. On 25th March 2020, the Indian Medical Council released the guidelines for telemedicine practice, which helped in defining the scope of telehealth and telemedicine in the country. On the other hand, digital health has increasingly been playing an instrumental role in curbing the spread of the virus. Digital surveillance systems are being widely implemented for contact tracing and tracking of suspected patients.
Competitive insights
Emerging start-ups occupy the highly competitive Indian digital healthcare market. The unexplored market in India offers immense opportunities to established global companies, aiming to expand their footprint in India. With soaring demand, the public and private players are aiming at broadening their offering and improve the quality of service, in order to maintain market position. The players are focusing on scaling up their businesses and portfolios to address the high potential of the Indian digital healthcare market.
Companies covered
Dr. Lal PathLabs Ltd.
DocEngage Informatics Pvt. Ltd.
Gem3s Technologies Pvt. Ltd.
Lybrate India Pvt. Ltd.
NovoCura Tech Health Services Pvt. Ltd. (mfine)
Practo Technologies Pvt. Ltd.
Cerner Healthcare Solutions Pvt. Ltd.
Philips India Limited
Siemens Healthcare Pvt. Ltd.
Wipro GE Healthcare Pvt. Ltd.

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]]> https://www.cri-report.com/digital-healthcare-market-in-india-2020/feed/ 0 Lithium-ion Battery Manufacturing Market in India 2020 https://www.cri-report.com/lithium-ion-battery-manufacturing-market-india/ Sat, 12 Sep 2020 05:25:00 +0000 https://www.cri-report.com/product/lithium-ion-battery-manufacturing-market-in-india-2020/ The major driving factor propelling the growth of Li-ion battery manufacturing industry in India is the government’s plan to boost electric mobility.

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]]> Lithium-ion Battery Manufacturing Market insights

The rapid penetration of electric vehicles in India is expected to drive the need for Lithium (Li)-ion battery manufacturing in the country. Li-ion batteries act as the primary storage option for electro-chemical energy. These batteries are rechargeable and contain Li-ion as the key component of electrolyte.

The manufacturing of Li-ion batteries is dependent on the sourcing and mining of lithium, and other minerals like cobalt, aluminium and copper. The overall process of Li-ion battery manufacturing encompasses the production of cell components (electrode, electrolytes and separators), cell and module production, battery pack assembly, and integration of components.

The major applications of Li-ion battery include electric vehicles (EV), EV charging and swapping stations, and grid services.

Market opportunity insights

The Li-ion battery manufacturing industry in India is at a nascent stage at present. However, the country holds the potential to emerge as the key manufacturer of Li-ion batteries over the next few years. India can proceed to develop the Li-ion battery manufacturing industry through three distinct stages: stage one (2017 to 2020), stage two (2021 to 2025), and stage three (2026 to 2030).

In stage one, during the 2017-2020 period, the primary focus is to create an ambient manufacturing environment in the country. The Li-ion battery manufacturing industry is anticipated to capture an economic value of around INR 1,300 Bn to INR 1,400 Bn, during stage one.

In stage two (2021 to 2025), India is predicted to capture around 25%-40% of overall economic opportunity for Li-ion battery manufacturing. The industry is expected strengthen its supply chain network and make sizeable investments on research and development by 2025. During this phase, India is anticipated to be involved in the manufacturing of battery packs, along with limited production of battery cells.

India is expected to enter stage three during the 2026-2030 period. In stage three, manufacturers are projected to be engaged in end-to-end manufacture of Li-ion batteries. As a result, the dependency on imports is likely to be reduced significantly at this stage.

This phase is projected to be of utmost importance for the country to establish its independence in the electric mobility sector by engaging in the production of both EV and EV batteries at the domestic level.

Market influencers

The major driving factor propelling the growth of Li-ion battery manufacturing industry in India is the government’s plan to boost electric mobility. The Indian government has envisioned the conversion of two and three wheelers into 100% electric ones by 2030.

Currently, India is dependent on other countries for sourcing EV batteries, which has resulted in the hiked price of EVs. The penetration of EVs in the Indian automotive sector is expected to bolster the need for indigenous manufacturing of Li-ion batteries, to make them economically viable.

Sizeable investments from foreign and domestic players have been playing a major role in boosting the Li-ion battery manufacturing market in India.

Supportive financial policies like land grant, reduction in number of permits, tax reduction in foreign investments and direct government subsidies have encouraged the influx of investments. Suzuki Motor Corporation, Toshiba Corporation and Denso Corporation have invested INR 37.15 Bn and INR 12.14 Bn in two phases to build Li-ion battery assembly lines in Gujarat.

A significant impediment to the growth of the market is that the country is reliant on the import of raw materials owing to its lack of mineral reserves. India is dependent on countries like China, Chile, Bolivia, Argentina and Australia to meet the demand for lithium. Furthermore, other crucial raw materials like cobalt, nickel, manganese and graphite are also sourced from various foreign countries.

On the other hand, the ecosystem consists of numerous stakeholders and the weak coordination among them restrains the development of a robust supply chain network in the industry.

Companies covered

• Adani Group
• Amara Raja Batteries Limited
• Bharat Heavy Electricals Limited (BHEL)
• Exide Industries Limited
• HBL Power Systems Ltd
• Tata Chemicals Limited
• Automotive Electronics Power Pvt. Ltd
• Mahindra Electric Mobility Ltd
• Panasonic India
• Toshiba India Pvt. Ltd

Research Report on Global and China’s Li-ion Power Battery Industry, 2021-2025

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]]> Online Taxi Services Market in India 2019 https://www.cri-report.com/online-taxi-services-market-in-india-2019/ https://www.cri-report.com/online-taxi-services-market-in-india-2019/#respond Sat, 12 Sep 2020 05:21:59 +0000 https://www.cri-report.com/product/online-taxi-services-market-in-india-2019/ The online taxi service offers mobility services to customers via mobile platform connected through the Global Positioning System (GPS) or General Packet Radio Service (GPRS) system. Organized cab services were introduced in the Indian market with the launch of Mega Cabs services in 2000, and the market evolved from the car-ownership concept to the alternative of ride-sharing. Online taxi or radio taxi service providers in India operate either as aggregators or as radio cabs, based on their tracking feasibility. Market Insights: With the transition from the radio signals-based conventional tracking…

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]]> The online taxi service offers mobility services to customers via mobile platform connected through the Global Positioning System (GPS) or General Packet Radio Service (GPRS) system. Organized cab services were introduced in the Indian market with the launch of Mega Cabs services in 2000, and the market evolved from the car-ownership concept to the alternative of ride-sharing. Online taxi or radio taxi service providers in India operate either as aggregators or as radio cabs, based on their tracking feasibility.

Market Insights:
With the transition from the radio signals-based conventional tracking system to the GPS or GPRS-enabled system, the organized taxi market in India witnessed a momentous growth. In FY 2019, the organized taxi market held a share of ~11.5% of the total revenue generated by the overall taxi market in India. The online taxi services market in India was valued at INR 29.75 Bn in FY 2019. Further, the market is anticipated to expand at a compound annual growth rate (CAGR) of ~16.60% to reach a sales value of INR 61.59 Bn by 2024. Rise in smartphone penetration in India, improved availability of high-speed internet connectivity, increasing investments in the online taxi market by the foreign institutional investors (FII) and swelling disposable income are the major factors that are driving the growth of the market. However, the imposition of goods and services tax (GST), shortage in the supply of online cab services as a consequence of the reduction in drivers’ incentives, surge in ride fares and extended wait-time for passengers, and the growing popularity of affordable ride-sharing services like SRide and Quick Ride are some of the factors impeding market growth. With the implementation of the new policy of the Indian government, that does not allow commercialization of ride-sharing services, the growth of the online taxi services market in India is expected to rebound.

Competition Analysis:
The online taxi services market in India is mainly driven by two major players – ANI Technologies Private Limited (Ola Cabs) and Uber India Systems Private Limited (Uber India). In FY 2019, Ola Cabs accounted for almost 72.44% of the total revenue generated by the online taxi services market in India, whereas, Uber India held a share of ~21.01%. Other players in the market include Meru Mobility Tech Private Limited, Mega Cabs Private Limited and Carzonrent (India) Private Limited, and together they held ~6.55% of the overall market in FY 2019. The transition from the radio signal-based tracking system to GPS and GPRS-based tracking system was introduced by the market leader, ANI Technologies Private Limited. The company’s extensive geographical reach within India (152 cities), coupled with its wide range of services available for customers belonging to different income profiles has helped the company to fetch such a high market share. Large scale investments by big private equity firms on major players of the market and introduction of new customer-friendly features in their applications by the companies are anticipated to further accelerate their market growth.

Companies covered
• ANI Technologies Private Limited
• Carzonrent (India) Private Limited
• Mega Cabs Private Limited
• Meru Mobility Tech Private Limited
• Savaari Car Rentals Private Limited
• Uber India Systems Private Limited

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]]> https://www.cri-report.com/online-taxi-services-market-in-india-2019/feed/ 0 Artificial Intelligence for Speech Recognition Market in India 2019 https://www.cri-report.com/artificial-intelligence-for-speech-recognition-market-in-india-2019/ https://www.cri-report.com/artificial-intelligence-for-speech-recognition-market-in-india-2019/#respond Sat, 12 Sep 2020 05:19:13 +0000 https://www.cri-report.com/product/artificial-intelligence-for-speech-recognition-market-in-india-2019/ Now-a-days, speech recognition technology is increasingly being integrated into voice-driven applications such as Amazon’s Alexa, Apple’s Siri, Microsoft’s Cortana, and Google Home, among others. AI-based speech recognition technology is mainly used as an addition to virtual agents, chatbots, and other mobile applications. Increasing demand for smart speakers and voice-enabled devices, coupled with rising penetration of speech recognition technology in customer care services are driving the growth of AIfor the speech recognition market in India. However, growing concern over data security and privacy remains the key impediments for the widespread adoption…

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]]> Now-a-days, speech recognition technology is increasingly being integrated into voice-driven applications such as Amazon’s Alexa, Apple’s Siri, Microsoft’s Cortana, and Google Home, among others. AI-based speech recognition technology is mainly used as an addition to virtual agents, chatbots, and other mobile applications. Increasing demand for smart speakers and voice-enabled devices, coupled with rising penetration of speech recognition technology in customer care services are driving the growth of AIfor the speech recognition market in India. However, growing concern over data security and privacy remains the key impediments for the widespread adoption of this technology in India.

Market insights:
Artificial Intelligence for speech recognition market in India is anticipated to expand at a compound annual growth rate (CAGR) of ~65.17% during the forecast period (2019-2024), and is expected to reach a value of INR 14.61 Bn by 2024, from INR 0.67 Bn in 2018. This market growth can be attributed to the growing use of speech recognition technology for voice commands in call intelligence, voice-powered devices, voice software systems, and third-party voice apps. Moreover, industries such as ICT, healthcare, BFSI, and automobile are increasingly using AI-based speech recognition technology to enhance efficiency, gain insights, and identify pertinent information from large databases.
Dependency on AI and machine learning has increased with the launch of new voice-interactive devices like smartphones, smartwatches, and smart home appliances. These voice-enabled devices, compatible with Alexa and Google Assistant, are gaining immense popularity among Indian consumers. Currently, more than 50% of the population use at least one wearable device that is embedded with AI-based speech recognition technology.

Competitive insights:
India is among the top five countries which has a large base of AI-driven start-ups. These start-ups provide solutions related to natural language processing (NLP), machine learning, and other technologies, and attract huge funding from investors who are keen on huge returns in the short run. Key investors in the AI-based speech recognition market include March Capital Partners, Sistema Asia, Accel Partners, and Ideaspring Capital.
The market is currently dominated by voice-based assistants like Siri, Cortana, Alexa, and Google Assistant. With a total of 22 scheduled languages and several hundred recognized dialects, companies are updating their databases with languages and dialects to remain competitive.
Although large parts of the market are held by major players like Microsoft, Apple, Google, and Amazon, several start-ups (Uniphore Software Systems, Manthan Software Services and Liv.ai) are also venturing into the voice assistants’ market. The success behind these AI-based speech recognition start-ups depends mainly on the personalization and uniqueness of the products and services provided by these companies.
Companies covered
• Liv.ai Pvt. Ltd.
• Manthan Software Services Pvt. Ltd.
• Mihup Communications Pvt. Ltd.
• Uniphore Software Systems Pvt. Ltd.
• Voxta Communications Pvt. Ltd.
• Amazon India Ltd.
• Apple India Pvt. Ltd.
• Google India Pvt. Ltd.
• Microsoft India Pvt. Ltd.
• Nuance India Pvt. Ltd.

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]]> https://www.cri-report.com/artificial-intelligence-for-speech-recognition-market-in-india-2019/feed/ 0 Blockchain Investment And M&A Trend Analysis https://www.cri-report.com/blockchain-investment-and-ma-trend-analysis/ https://www.cri-report.com/blockchain-investment-and-ma-trend-analysis/#respond Sat, 12 Sep 2020 05:17:49 +0000 https://www.cri-report.com/product/blockchain-investment-and-ma-trend-analysis/ After powering the meteoric rise of the cryptocurrencies, blockchain is set to drive disruption across industries globally. There has been a significant growth in the adoption of blockchain in digital enterprises and digital-intensive organizations. By offering disruptive solutions, startups have begun to lead the integration of blockchain in real business applications. This report focuses on an M&A and investment analysis of blockchain startups to understand blockchain adoption across various industries. The recent trends show that global investors are eager to invest in cryptocurrency, financial services, and supply chain management for…

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]]> After powering the meteoric rise of the cryptocurrencies, blockchain is set to drive disruption across industries globally. There has been a significant growth in the adoption of blockchain in digital enterprises and digital-intensive organizations. By offering disruptive solutions, startups have begun to lead the integration of blockchain in real business applications.
This report focuses on an M&A and investment analysis of blockchain startups to understand blockchain adoption across various industries. The recent trends show that global investors are eager to invest in cryptocurrency, financial services, and supply chain management for monetizing early opportunities such as ease of technology adoption and the increased focus on cryptocurrency. As we wanted to keep the focus of this study on the key industry verticals including Healthcare, Automotive, Agri-Food and Industry 4.0, the startups shortlisted from the various step were retained to better assess the impact of investments on these verticals with a significant impact on the block chain value chain while also involve major industry stakeholders. Horizontal blockchain applications such as supply chain, cryptocurrency, etc. have not been focused in the current study.
M&A Trend Analysis
This section of the report identifies the overall M&A activities across of blockchain startups globally and includes a summary of M&A deals by blockchain startups based on the industry. Furthermore, the report identifies the top industries based on the number of M&A deals, and the top investors operating across the spectrum.

The section also provides a geographical overview of the M&A deals in the blockchain space. Additionally, it provides an overview of the M&A deals globally and also the purpose of these deals – service and product expansion, technology expansion, strategic investment, technology and IP expansion, and geographical expansion in existing or new regions.

Investment Trend Analysis
We note the investment deals of blockchain startups in the aforementioned areas. The report provides a summary of investments based on maximum funding in the industry, which includes the most favourable route of funding (ICO or non-ICO), prominent geographies and top applications and startups.

The report also provides a number of investment deals and the size of deals from 2014 to 2019. We further categorize the funding details based on the nature of funding – ICO and non-ICO.

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]]> https://www.cri-report.com/blockchain-investment-and-ma-trend-analysis/feed/ 0 Global IoT Managed Services Market https://www.cri-report.com/global-iot-managed-services-market/ Mon, 24 Jun 2019 06:09:02 +0000 https://www.cri-report.com/product/global-iot-managed-services-market/ IoT deployments are setting the stage for digital transformation of business units at a global scale. IoT deployments go through multiple stages and each stage requires integration of several dimensions that are not simple to comprehend. Global IoT managed services is an emerging solution with multi-network support and integration of different technologies and services by a single vendor. The advantages of global IoT managed services solutions are driving adoption across the globe with players incorporating new offerings for developing a one-stop solution. Competitive Analysis The global IoT managed services market…

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]]> IoT deployments are setting the stage for digital transformation of business units at a global scale. IoT deployments go through multiple stages and each stage requires integration of several dimensions that are not simple to comprehend. Global IoT managed services is an emerging solution with multi-network support and integration of different technologies and services by a single vendor. The advantages of global IoT managed services solutions are driving adoption across the globe with players incorporating new offerings for developing a one-stop solution.
Competitive Analysis
The global IoT managed services market is witnessing a growth in number of players that are striving to offer end-to-end capabilities to the customers. Several IoT specialist players have ventured into the global IoT managed services market with innovative value propositions. The report provides a detailed analysis of these key players and various technologies, platforms, services, use cases, partnerships, and network support provided by them. The report also includes various business models adopted by different players in the IoT managed services ecosystem and highlights the diverse growth strategies followed by the key players.
Key Insights:
• Global IoT managed services are gaining traction for cross-border solutions and use cases
• Most of the key players are focused on providing hybrid infrastructure (cellular and non-cellular), while some are banking on cellular-only operating models
• Companies are leveraging new switching mechanisms for transition from cellular to non-cellular networks to ensure seamless connectivity
• Key players are incorporating various growth strategies such as acquisition, reduced pricing, and focus on developing economies among others
• 5G networks, LEO satellites and devices supporting Ka band frequencies, AI-enabled network switching and optimization, and integration of other emerging technologies are likely to define the future of seamless and reliable connectivity solutions in the global IoT managed services ecosystem
Key questions addressed in the report:
• What is the significance of global IoT managed services?
• What are the advantages that are driving the adoption of global IoT managed services?
• What does it mean for the enterprise and the CSPs?
• Who are the key players in the domain?
• How do the key players compare in terms of network support, switching mechanisms, global coverage, managed connections, growth strategies and future focus?
• What are the different business models adopted in the overall IoT managed services ecosystem?

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]]> Artificial Intelligence Insight Series – Neuromorphic Chipsets https://www.cri-report.com/artificial-intelligence-insight-series-neuromorphic-chipsets/ Mon, 24 Jun 2019 06:08:50 +0000 https://www.cri-report.com/product/artificial-intelligence-insight-series-neuromorphic-chipsets/ The application of Artificial Intelligence (AI) is growing exponentially. This rapid expansion of AI software development, therefore, calls for a focused effort to build new hardware that can process the emerging AI algorithms. Future of AI hardware will be defined by biologically-inspired neuromorphic chipsets, which provide a real time boost for AI systems. Brain-like chips deliver natural intelligence in major AI applications in the long-term, and have the desirable characteristics of intelligent sensors. The ultimate aim is to develop process technologies, materials, memories, and other building blocks for the integration…

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]]> The application of Artificial Intelligence (AI) is growing exponentially. This rapid expansion of AI software development, therefore, calls for a focused effort to build new hardware that can process the emerging AI algorithms.
Future of AI hardware will be defined by biologically-inspired neuromorphic chipsets, which provide a real time boost for AI systems. Brain-like chips deliver natural intelligence in major AI applications in the long-term, and have the desirable characteristics of intelligent sensors. The ultimate aim is to develop process technologies, materials, memories, and other building blocks for the integration of the neuron chips into sensors.
Industry Adoption:
Focus is on the impact of neuromorphic hardware across different industries. Current status or limitations, and the future requirements and use cases for each industry have been considered to build the adoption scenario. The advantages offered by neuromorphic chipsets for the different verticals address how the new brain-inspired technology can help bridge the gap in the future.
The different industries included are:
• Automotive
• IoT Ecosystem
• Cybersecurity
• Financial Services
• Space
• Medical Systems
Competitive Intelligence:
The report includes an overview of the key players and active research projects in the domain. It covers different entities ranging from established semiconductor players and specialized neuromorphic solution providers, to universities and research institutes. The different parameters related to implementation level, market readiness, future focus, etc., are also highlighted. Additionally, the section includes an overview of emerging players and startups in ecosystem that are providing differentiated offerings and defining new frontiers in neuromorphic architecture and design.
Patent Analysis:
A patent study has been conducted to understand the evolution of patent publications and countries of the patent filings. The key assignees and technology domains shaping the neuromorphic IP landscape have also been covered to assess upcoming trends.
A total of 700 patent publications have been identified as specific to neuromorphic hardware, out of which, the top five IP players are IBM, Qualcomm, SK Hynix, Intel, and Brain Corporation. The patent section also covers key technology areas, emerging entities, patent collaborations and geographical distribution of assignees.
Key Insights:
• Neuromorphic chipsets are laying the foundation for achieving artificial general intelligence (AGI) capabilities
• Low power consumption, pattern recognition and stochastic operation are some of the key features that are driving adoption of neuromorphic chipsets across industries
• Leading players are offering prototypes and making collaborative efforts with research institutes for applying neuromorphic technology in real-world applications
• Startups and organizations focused on ultra-low-power solutions, neuromorphic vision systems, always-on operation and AGI models are gaining traction
• The patent study highlights an increased focus towards the development of autonomous systems, including initial investigations on electronic synapses for the implementation of reinforcement learning and other innovative architectures
• Neuromorphic chipsets play a critical role in the high-performance architectures envisioned for 2040 for building massive computational infrastructure
Key questions addressed in the report:
• What is the state of commercialization for neuromorphic chipsets?
• Which are the industries that would will drive the adoption of neuromorphic hardware?
• What are the active entities in the domain? At what stage is their product offering?
• What are the emerging entities in the neuromorphic chipsets space?
• Which startups are attracting significant amount of funding? And what is the outlook for these companies?
• How is the patent portfolio of the top assignees aligned in terms of various technology areas of interest including neurons, synapses, interconnects, memory, edge devices, etc.?

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