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Thursday, 18 June 2020

Global Logistics Automation Market is Expected to Grow at a Significant rate


Logistics Automation Market Highlights

The global logistics automation market is expected to grow at a significant rate during the forecast period (2018 – 2024). The adoption of driverless vehicles and drones is performing a significant role towards the growth of the global market. Logistics automation is an application of automation software that helps enterprises in improving the effectiveness of logistics procedures. Furthermore, these systems comprise of equipment, software, and relevant services. This system helps in proving improved quality products to the customers in order to cater to their ever-changing demand related to cost-effectiveness and timely delivery of products. Moreover, the emergence of IoT and technological advancements in robotics are other factors that are strengthening the growth of the logistics automation market across the globe. 
Increasing acceptance of IoT technology is helping the business enterprises to generate, store, process, and share a huge amount of data with other connected devices such as radio frequency identification (RFID), sensors, and gateway. Moreover, there has been an increased demand pertaining to connected technologies, smart devices, and applications. These are the key trends observed in the market, globally. IoT plays a crucial role to augment, automation, and connectivity which is enabling the business organizations to develop cost-efficient and productive warehouse facilities. Moreover, increasing demand and advantages of IoT is further strengthening the growth of the logistics automation market. 
The major factors that are driving the growth of the logistics automation market include extensive growth in the e-commerce industry along with advancements in the field of robotics. According to a recent study, it has been observed that the boom in the e-commerce industry has threatened the growth of retail, manufacturing, and logistic domain drastically. The shift from traditional brick and mortar stores to online stores is imposing abundance pressure upon the requirement of labor, warehouses, transportation, and supply chain process of various business organizations. 
Geographically, the logistics automation market in North America contribute the largest revenue, globally and is further expected to witness high growth during the forecast period. The growth of the logistics automation market in this region is due to the existence of large enterprises that are persistently utilizing logistics automation solutions for improving supply chain methods which include transportation, manufacturing, and assembling of products.
Moreover, it has been observed that the economic growth of the U.S., Canada, and Mexico has aggravated investment avenues in the logistics automation market in North America. Furthermore, the Asia-Pacific market is predicted to witness the highest CAGR during the forecast period due to the increasing demand for automated material hold systems from various warehouses and manufacturing industries. Additionally, enlargement of logistics and transportation segments in the Asia Pacific is another factor pertaining towards the growth of the logistics automation market in this region.
The logistics automation market is fragmented and the key players operating in this market include Dematic Corporation, Murata Machinery, Ltd., Daifuku Co., Ltd., SSI Schaefer AG, Mecalux, S.A., VITRONIC, BEUMER Group, Toshiba Logistics Corporation, Honeywell Intelligrated, Inc., Swisslog Holding AG, KNAPP AG, TGW Logistics Group GmbH, Jungheinrich AG, WiseTech Global Limited, Falcon Autotech, System Logistics Spa, Matternet Inc., Pcdata BV, and JBT Corporation. 
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Process Analytics Market in Europe Generate the Largest Revenue

The global process analytics market is expected to witness significant growth during the forecast period. The growth of this market is attributed towards increased adoption of digital transformation among various business enterprises and rapid adherence to task-level mechanization across the globe. Process analytics undertakes procedural breakdown of the process of an enterprise that helps in conveying effective inputs, operations, and outcomes at every single stage. This technique further provides a clear understanding of the effective operation of process and in determining prospective targets for process enhancement through the removal of wastage and increment inefficiency. These benefits and features are thereby amplifying the growth of process analytics industry across the globe. 
On the basis of deployment type, the process analytics market is segmented into on-premises and cloud. Among these two segments, cloud deployment is expected to witness faster growth during the forecast period. Since, organizations are rapidly adopting cloud deployment in order to enable privacy, integration of various cloud applications, and to meet the legal compliances. Moreover, cloud deployment helps the business enterprises in managing cost and thereby helps in improving the business agility of an organization. 
The major factor that is driving the growth of the global market includes employment of digital transformation that is enhancing awareness among the users helping them to understand and analyze business operations. Furthermore, it has been observed that the association between enterprise resource planning (ERP) vendors and increasing adoption of task-level automation are other factors pertaining towards the growth of the process analytics market, globally. 
Geographically, the process analytics market in Europe generates the largest revenue and is further anticipated to witness high growth during the forecast period. The growth of the process analytics market in this region is attributed to the development of the latest process analytics technology among various large enterprises. Furthermore, among various countries, the Netherlands and Germany are the major leaders in Europe. The key players operating in this region are adopting this technology in prevailing their analytics portfolio that enables speedy and efficient operations in order to gain competitive advantage. Process analytics is helping the organizations in Europe to classify unexplored trends and arrangements that help them in becoming technologically effective.
The key players offering their solution in the process analytics market include Celonis, Kofax, Fluxicon, Minit, Icaro Tech, Lana Labs, Logpickr, Process Mining Group, Software AG, Fujitsu, CA Technologies, Process Analytics Factory, StereoLOGIC, Intellera Monkey Mining, QPR Software, TimelinePI, Scheer, Cognitive Technology, Signavio, and ProcessGold.   
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North America is the Largest Market for 3D Animation


3D Animation Market Highlights

Now, these days animation is the most effective tool of communication to enhance the awareness of a product and increase the market for different business segments globally. Computer animation is the process of developing animated images using computer graphics. Currently, computer animation is increasingly using 3D animation as it comprises of various features such as mobile media, marketing media, web, and outsourcing media. 
The increasing adoption of motion capturing and 3D video games are driving the demand for global 3D animation market. 3D animation involves the ability to display movement. It also reveals the functions of an object and not solely the spatial moments of an object. The motion capture feature of animation was first adopted n films and television but the use of tools was resistant in that area. For instance, the movie “Avatar” was a blockbuster hit as it displayed the use of motion capturing technique, and the audience appreciated the change in that animated movie. 
The video game industry is observed to be the first industry to embrace the use of motion capture tools to display the motion of the character in the games and in the present scenario, this tool is used on almost every video game. The increasing usage of smartphones is changing the demands for users as well. The development of 3D mobile applications and 3D video changes which provides a realistic experience to the users is fetching much more acceptance in the market as compared to the computer animation. Moreover, this is driving the demand for 3D animation in video games and increasing the global 3D animation market. 
The increasing adoption of 3D Animation Technology in Medical Forensics is creating opportunities for the growth of the global 3D animation market. Forensic animation uses a motion capturing technique to explain the internal working of any device. The same device had been used in several movies such as Lord of the Rings and Spiderman to create detailed and precise animations. The benefits offered by forensic animations are helping the 3D animation market to grow globally. This animation helps in increasing the persuasiveness and creates a lasting visual impression to attract the audience. 
North America is the largest market for 3D animation since the region is constantly developing its computer animation technology and increasingly using this technology in the media and entertainment industry. The region is using 3D animation technology to conceptualize a product or service of any business organization that is still in the developmental stage. Asia-Pacific especially countries link China, Korea, India, Japan are expected to witness the fastest growth in this market. The use of 3D animation in this region is attracting the viewers for a particular product or service and also helps in showcasing the overall standard and vision of the business organizations in the region. 
Some of the major players operating in the global 3D animation market include Autodesk Inc., Autodessys, Adobe Systems Inc., Corel Corporation, Maxon Computer, Newtek Inc., Nvidia Corporation, Pixologic Inc., Sidefx Software, The Foundry Visionmongers Ltd., Trimble Navigation Ltd., and Toon Boom Animation Inc. 
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Monday, 15 June 2020

Geographically, North America Dominates the Lab-on-Chip Market

A lab-on-chip (LOC) helps in incorporating laboratory functions via a solely unified circuit. Lab-on-chips has extensively evolved the field of diagnosis and is increasingly being utilized in the application of microfluidic-chip-based technologies such as chemical synthesis, medical diagnostics, and the study of complex cellular process. Moreover, LOC helps in providing quick diagnoses that are considered to be quiet accessible and easy to handle option, Furthermore, these are the reasons that have increased the significance of LOC market across the globe. 
Based upon industry users, the LOC market is segmented into diagnostics centers, biotechnology & pharmaceutical companies, academic & research institutes, hospitals, and others. Among all these segments biotechnology & pharmaceutical companies are anticipated to witness the fastest growth during the forecast period since the world is observing the large population that further implies an increase in the number of patients as well. 
Increase in adoption of personalized medicine, increase in drug discovery and life science research, use in bio-marker based detection and the need for high-speed diagnostics are the key factors driving the global lab-on-chip market. LOC technology is used for bacteria detection, real-time PCR, DNA check, and cellular analysis in the biomedical field. This helps in lessening energy consumption with a faster synthesis which helps in providing quick results and faster diagnosis which makes the LOC technology more significant in the biomedical field. 
Geographically, North America dominates the lab-on-chip market due to the increased demand for microfluidic products in pharma, diagnostic, and clinical domain in this region. Moreover, LOC technology is widely promoted and accepted in this region because of the cost efficiency and usage in a variety of applications. Furthermore, key players in North America are taking efforts towards the introduction of microfluidic products. 
Moreover, Asia-Pacific is anticipated to witness the fastest growth during the forecast period due to the increasing population and growing adoption of advanced technologies in this region. Furthermore, there are several government initiatives and increasing expenditure on highly innovative technologies paving the way for the growth of the LOC market in this region. 
Key players in the LOC market are taking steps to empower their position in the market by improving the quality of the system and developing the latest technology. The firms are making a strategic alliance with medium scale firms to make the technology more economical. This acts as a role to remove the hurdle of cheap alternatives. The prominent players in the LOC market include Becton, Dickinson and Company, Agilent Technologies, Inc., PerkinElmer, Inc., Danaher Corporation, Bio-Rad Laboratories, Thermo Fisher Scientific, Abbott Laboratories, Roche Diagnostics, Siemens Healthcare, Bio-Rad Laboratories, Abaxis Inc., Achira Labs, Advanced Liquid Logic and Advanced Microlabs. 
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Key Players in Ultrasonic Air in line Sensor Market are Investing to Improve the Quality

Ultrasonic air inline sensor is a technique that helps the medical practitioners to detect air bubbles in the fluid delivery lines at the time of occurrence of a medical process. This sensor is extensively being utilized at the time of surgery or transfusion at a rapid pace. These air bubbles allow gas embolisms to enter into the bloodstreams that lead to blocking of blood flow, this can further lead to a heart attack or stroke in a human body. 
The growing awareness towards safety in both automobile and healthcare sectors, increasing adoption of automation in automobiles, and increasing advancements in the ultrasonic sensors that enable more accuracy are the major factors driving the growth of ultrasonic air in line sensor market, globally. Moreover, increasing awareness of safety leads to extensive utilization of this equipment such as ultrasonic air inline sensors. Furthermore, these sensors help in avoiding collisions and also help the users in measuring the distance that is further bolstering the growth of ultrasonic air in line sensor market, globally.
Geographically, North America is the largest ultrasonic air in line sensors market because of the existence of giant manufacturers in the automobile industry in this region and the presence of prominently established healthcare sector. Further, the emergence of self-driving cars from this region has led to the growth of the ultrasonic air in line sensors exponentially. 
Moreover, Asia-Pacific is expected to show exponential growth throughout the projected period. The growth of ultrasonic air in line sensor market in this region is attributed towards the presence of the largest manufacturing unit in countries such as India and China and the flourishing infrastructure in the healthcare sector. Furthermore, the initiatives are undertaken by the government for developing security guidelines in the medicine and automobile sector also provide extensive growth to the ultrasonic air in line sensor market in this region. 
Key players in ultrasonic air in line sensor market are investing towards the improving quality of their prevailing offerings and developing the latest technologies that are strengthening their position in the market. Furthermore, the key players are forming strategic alliances that help them in developing cost efficiencies and gain a competitive benchmark. The prominent players in the ultrasonic air in line sensor market include Biosonix Ltd, Sensaras LLC, TE Connectivity Ltd, ClearLine MD, Piezo Technologies, CeramTec GmbH, and Strain Measurement Devices, Inc, Siansonic Technology Co., Ltd., Moog, Inc., and Introtek International, L.P. 
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The Demand for Thin Film Encapsulation is Witnessing Significant Growth in China

The global thin-film encapsulation market is predicted to witness a CAGR of 24.8% during the forecast period. The growth of this market is attributed towards the excessive implementation of flexible OLED displays for smart wearables and smartphones along with increasing trend pertaining towards utilization of thin-film encapsulation along with inkjet printing.
Thin-film encapsulation (TFE) has the prospective to substitute the front glass in an OLED device with the use of a film barrier that is thin. The OLED material is relatively vulnerable to deprivation while unprotected to environmental factors such as air and water. Moreover, mounting investments in the manufacturing amenities and OLED technology is expected to create ample opportunities for the growth of the thin film encapsulation market across the globe.
Based on the application, the thin-film encapsulation market is segmented into flexible OLED lighting, flexible OLED display, thin-film photovoltaics, and others. The flexible OLED display market is further subcategorized into smart wearables, smartphones, and telephone and signage. OLED display finds the largest application in the thin-film encapsulation market owing to key players developing encapsulation material for elastic OLED displays. Moreover, the thin-film encapsulation market for OLED lighting applications is expected to witness the fastest growth during the forecast period. 
Geographically, Asia-Pacific has contributed the largest revenue to the thin-film encapsulation market, worldwide. It has been observed that there are several manufacturers of the brand and various display panels that are established in Japan, China, Hong Kong, South Korea, and Taiwan. Additionally, South Korea is expected to witness the fastest growth during the forecast period owing to the existence of key players operating in the thin-film encapsulation market of this industry such as LG Display and Samsung.
The demand for thin-film encapsulation is witnessing significant growth in China owing to the expansive adoption of CSOT and BOE technology that enabling the market players in developing OLED panels that are flexible in nature.  Europe is observing the second-largest growth in the thin-film encapsulation market owing to extensive acceptance of OLED solutions of lighting in the automotive domain and increasing investment avenue undertaken by the government authorities for lighting research of OLED.
The market for thin-film encapsulation is consolidated and the key players in the thin-film encapsulation market include Samsung SDI, Applied Materials, LG Chem, 3M, Universal Display Corp. (UDC), Veeco Instruments, Toray Industries, Aixtron, Kateeva, BASF SE, AMS Technologies, Meyer Burger, Bystronic Glass, and Angstrom Engineering. 
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North America is the largest mobile artificial intelligence market

The global mobile artificial intelligence market is growing at a significant rate, due to the mounting requirement for AI-capable processors in mobile devices and the upsurge of cognitive computing. Different applications such as drones, smartphones, cameras, and automotive contributed to the mobile artificial intelligence market size. The market has witnessed a high demand for the smartphone segment in the coming years due to the mounting necessity for quicker computing, advanced security, low latency, and less dependence on connectivity. 
On the basis of application the mobile artificial intelligence market is subdivided into smartphones, AR/VR (Augmented Reality/Virtual Reality), robotics, cameras, automotive, drones, and others. Among all applications, the smartphone segment accounted for the largest share in the mobile artificial intelligence market, due to the mounting necessity for quicker computing, advanced security, low latency, and less dependence on connectivity. In addition, AR/VR application is expected to grow at the fastest rate in the market, as large market players are contributing to the growth of technology by adopting strategies such as product launch, funding, and acquisition. 
The mounting requirement for AI-capable processors in mobile devices, developing a number of AI applications, intensifying involvement of several automotive and IT giants to develop autonomous cars, technological advancement in smartphone image recognition, and the upsurge of cognitive computing are the primary growth drivers for mobile artificial intelligence market.
The big tech companies in developing technologies, such as augmented reality and virtual reality, which is further facilitating the growth of the market. For instance, Qualcomm Incorporated introduced a new virtual reality (VR) orientation platform created on the powerful Qualcomm Snapdragon 845 Mobile Platform, to deliver novel advancement in technology and to capitalize on budding standalone and smartphone VR industry.
Geographically, North America is the largest mobile artificial intelligence market due to the mounting requirement for AI-capable processors in mobile devices. In addition, technological advancement in smartphone image recognition, and big tech companies in developing technologies, such as augmented reality and virtual reality are also facilitating the growth of the North American mobile artificial intelligence market.
Asia-Pacific is observed to witness the fastest growth in the market due to mounting government spending. In addition, developing a number of AI applications, and the upsurge of cognitive computing are also supporting the growth of the Asia-Pacific mobile artificial intelligence market.
NVIDIA, International Business Machines Corporation (IBM), Samsung, Intel, Apple, Alphabet, Inc. (Google), Microsoft Corporation, MediaTek, Qualcomm Incorporated, and Huawei (Hisilicon) are the key players offering mobile artificial intelligence solutions. 
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North America is the Largest Cloud Telephony Service Market

Cloud telephony services are internet-enabled voice infrastructures and data communications where a third party host several application...