TMR ICT

The  global automotive drive shafts market  has several players in the market, making the landscape fragmented. Some of the leading players in the market are Dana Holding Corporation, NTN Corporation, Hyundai Wia, and Yamada Manufacturing Co., Ltd. The companies are focused on development of new products with enhanced quality. To deal with competition, several players will emphasize on mergers and acquisitions to expand their geographical reach and penetrate into many other foreign markets. According to the research report by Transparency Market Research, the global automotive drive shafts market was valued at US$5.3 bn in 2015 and is likely to be worth US$8.9 bn by the end of 2024. During the forecast years of 2016 and 2024, the global market is expected to progress at a CAGR of 6.1%. Heavy Commercial Vehicles to be Prime Consumers of Automotive Drive Shafts On the basis of vehicles, the market is divided into passenger cars, heavy commercial vehicles, and light comme...

A 27.8% CAGR (Compound Annual Growth Rate) is set to mark the forecast period between 2016 and 2024, as per a Transparency Market Research (TMR) report. And, as per the analysts at TMR , some of the factors that the growth shall be attributed to are increasing popularity and adoption of Artificial Intelligence (AI) across industry verticals, including end-users, and innovation marking the landscape in a big way. This will also lead to an improvement in market worth from USD 0.11 billion in 2015 to USD 0.94 billion by the end of 2024. A Consolidated Market Landscape to Witness Increase in Competitiveness over the Forecast Period The global  chatbot market  will see a consolidated competitive landscape over the forecast period with three top players hold about 90% of the market share. Some of the most advanced technology based companies dabbling with the technology include Google, Facebook, and Microsoft and Pandorabots, Inc., Slack Technologies, Inc., Astute Solutions, an...

With the presence of a copious number of companies, the global market for digital voice recorder is fragmented with intense competition. In this scenario, top companies are aggressively engaged in technological advancements to serve ever-changing consumer demand, for which they are investing heavily in this market. In the years ahead, these players are likely to concentrate on regional expansion, for which they might resort to business alliances with regional players. Key companies operating in the  digital voice recorder market  include Sony Corp., Hyundai Digital Tech Co Ltd., Zoom Corp., Panasonic Corp., Olympus Corp., Leap Investment Ltd., Zoom Corp., Royal Philips NV, Shenzhen Hnsat Industrial Co. Ltd., and Noel Leeming Group Ltd. As per a research report by Transparency Market Research (TMR), the global digital voice recorder market is likely to be valued at US$1.91 bn by 2022 from US$1.15 bn in 2017. This rise alludes to 11.50% CAGR over the 2017-2022 forecast per...

The  global inertial measurement unit market  is expected to be bolstered by the rising manufacture of aircrafts on a world platform triggering the rise of the need of better navigation techniques. The requirement of equipment with greater usage ease on account of the advancement of worldwide lifestyle enabled the engagement of motion sensing technology extensively using inertial sensors. This could play a critical part in defining the market and driving its growth in the near future. Complex navigation systems equipped with inertial sensors could find an increasing demand because of the unparalleled rise in the use of unmanned automobiles across defense and civilian applications. The global inertial measurement unit market is predicted by Transparency Market Research (TMR) to reach a valuation of US$3.6 bn by 2022 end from a US$2.6 bn achieved in 2017. During the forecast timeframe 2017–2022, a CAGR of 6.0% could be posted by the market. Looking for exclusive market ins...

Growing at a stellar pace, Global  Connected Logistics Market  is set to increase the worth of the market, bringing it up to USD 55.17 billion by the end of the year 2025. This is a steep rise from 2016, when the market worth was USD 10.21 billion. This translates to an impressive 17.8% CAGR (Compound Annual Growth Rate) from 2017 to 2025. Technological Advancement to Propel Global Connected Logistics Market Growth over the Forecast Period One of the major reasons supporting the growth of global connected logistics market is the technological advancement marking the landscape in terms of both transportation, and packaging. Besides, development of better fuel and rising demand for shipped goods is also fueling the market growth by a substantial value. E-commerce is playing a significant role in this area, fueled by rising disposable incomes and massive globalization, driving forward cross-border trade, enabling access to new and more products at the convenience of a click...

According to the research report published by Transparency Market Research, the competitive landscape of the global  smart grid security market  is expected to remain fragmented over the course of the projection period ranging from 2017 to 2025. This fragmentation of the competitive landscape is because of the presence of several notable players operating the global market. These leading players are trying to cater to the needs at both local as well as international levels. A key trend that has been observed in the global market is of regional players establishing a strong base in developed nations. However, the international and well-established brands are expected to play a strong hand and adopt aggressive business strategies such as mergers, acquisitions, and joint ventures in order to stay ahead of their rivals. Some of the key names in the global smart grid security market include names such as AlertEnterprises Inc., N-Dimension Solutions Inc., Honeywell International...

According to a recent report compiled by Transparency Market Research (TMR), the competitive landscape of the  global smart locks market  is prognosticated to show notable growth owing to the expansion of telecommunication networks and mobile computing devices. The market is estimated to expand at a remarkable rate within the next few years due to the surging focus towards investments of building smart city infrastructure that has aided the entire development of the smart locks market at a global level. Major players of the global smart lock market are Assa Abloy Group, Honeywell International Inc., Home Inc., Assa Abloy Group, Panasonic Corp., and Samsung SDS Co. Ltd. Major companies are investing huge amount of money into research and development activities in order to bring forth the progress of product development in the market. As per the TMR report, the global smart locks market is predicted to be worth US$ 1.01 bn between 2016 and 2024. The CAGR is estimated ...