Global Thermal Printing Market is anticipated to grow at a CAGR of 4.4% % through 2025

FMI_FacebookFuture Market Insights (FMI) delivers key insights on the Global Thermal Printing Market in its latest report titled “Thermal Printing Market: Global Industry Analysis and Opportunity Assessment 2015–2025”.

The global thermal printing market is projected to register a promising CAGR of 4.4% during the forecast period due to several factors. The report details trends driving each segment and respective sub-segments, delivering analysis and insights about the potential of the thermal printing market in specific regions.

North America dominated the thermal printing market with over 24% market share in 2014, and is expected to lose its market share to Asia Pacific excluding Japan by 2025. Western Europe accounted for over 21% share of the total thermal printing market share in 2014, but is projected to lose it dominance by 2025. Asia Pacific excluding Japan market is projected to register the highest CAGR between 2015 and 2025, due to low-cost product offerings by manufacturers based in the region. As on 2014, Asia Pacific accounted for over 20% market share of the overall thermal printing market, positioning itself as the third-largest revenue contributor. By the end of 2025 the market in the region is anticipated to gain 400 Basis Point Share to become the highest contributor to the overall thermal printing market.

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Growth of the global thermal printing market is primarily driven by expanding retail industry, increasing disposable income, rising global population, rapid industrialisation of emerging markets, strong distribution network of thermal printer manufacturers and increasing environmental and social awareness.

Various retailers in North America and Europe have already migrated from impact printers to thermal printers due to various benefits offered by the latter over the former. For instance, IBM launched SureMark Printers Dual-station models showcasing the same. Over the following five years, APEJ is expected to account for around half of the sales generated by the world’s top fifty largest economies and would be twice that of North America, the next largest region in the retail sector.Growing industrial production in Brazil and continuous moderate growth of the manufacturing sector in Mexico is strengthening the thermal printing market in Latin America. With growing investment and development in Eastern Europe, the region is expected to register opportunistic growth rate in the market.Chinese vendors offering products at competitive prices as compared to other thermal printer vendors has boosted sales of thermal printing worldwide.

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On the basis of technology, the market has been segmented into direct thermal and thermal transfer. The direct thermal segment accounted for over 55% share of the global thermal printing market in 2014.

Global Thermal Printing Market is further segmented on the basis of end-use industry into Retail, transportation & logistics, healthcare, manufacturing and others. Revenue contribution of the retail segment was 28.9% in 2014, and is projected to grow to 30.7% by 2025, registering a CAGR of 5.0% over the forecast period. The healthcare segment is anticipated to record the highest CAGR of 5.6% during the forecast period, as utilization of thermal printing technology in this segment is in its early phase of adoption in the emerging economies and is expected to gain traction across various industries in the near future.

By printer type, the thermal printing market is segmented into POS printer, label & tag printer and RFID printer. Among the three segments, RFID printer segment is expected to register the highest CAGR of 6.0% between 2015 and 2025. The POS printer segment accounted for over 57% market share in 2014, but is expected to lose market share to the RFID printer and label & tag printer segment by the end of the forecast period.

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Key players in the global thermal printing market includeZebra Technologies Corporation, Honeywell International Inc, Seiko Epson Corporation, SATO Holdings Corporation, Star Micronics Co., Ltd.  Zebra Technologies Corporation and Star Micronics Co., Ltd. These players focus on research and development initiatives to introduce innovative products to attain sustainable advantages over the competition. In addition, these players also focus on expanding their global presence through strategic mergers and acquisitions and new product development.

FMI: Traction Batteries Market Segments, Opportunity, Growth and Forecast By End-use Industry 2015-2025

4c608-future2bmarket2binsights2b252822529The market for traction batteries is rapidly growing. A traction battery or electric vehicle battery is a battery that is used to power the battery electric vehicle. Vehicle batteries are rechargeable in nature. Traction battery relates to all the batteries used to power electric vehicles. The rising application of these batteries in different form of vehicles including mobility scooter, a fork-lift truck and many more are driving the global traction batteries market.

The growing market for automotives has largely emphasised on the development of the vehicles that are fast, efficient and safe. Traction batteries have become an important and crucial part of any electric vehicle or hybrid electric vehicles now a days.  Traction batteries are used in electric Golf carts, forklifts, and electric motorcycles, riding floor scrubbers, trucks, and vans, full-size electric cars and other electric vehicles

Traction Batteries: Drivers & Restraints

The increasing demand and succeeding hybrid and electric vehicle production is considered as one of the biggest driver for the increasing demand of the traction batteries and global traction batteries market penetration. The major restraint in the global traction batteries market implies to be the limitation with the lead-acid batteries and high cost of the other traction batteries.

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Traction Batteries: Segmentation

On the basis of application type, the global traction batteries market is segmented as Heavy Industrial, Light Industrial and Commercial, Two Wheeler, Hybrid Car, Pure Electric Car, Mobility for the disabled, Golf Car, Military, Marine and others

On the basis of product type the global traction batteries market is segmented as Lead-Acid, Nickel Metal Hybrid, NiCad, Nickel Metal Hydride, Zebra, Lithium ion and others.

Traction Batteries: Region-wise Outlook

The global traction batteries market is expected to register a favourable growth for the forecast period, 2015 To 2025. North America is projected to endure its control on the global traction batteries market. The key country in the mentioned region is projected to be United States as an outcome of the increasing demand for electric vehicles. Europe is considered the second largest market for traction batteries behind U.S. and ahead of Japan which also contributes to the global traction batteries market remarkably.

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Traction Batteries: Key Players

Some of the key market participants in global traction batteries market are Panasonic, AESC, GE USA, BYD, Mitsubishi/GS Yuasa, Samsung, ACCUmotive GmbH und Co. KG,  Bater, Fisker, B.B.Battery,  LG Chem, and others.

FMI: Smart Locks Market size and Key Trends in terms of volume and value 2015-2025

FMI_Facebook2-333x333A number of emerging devices have attributed to the upsurge of global smart homes over the last few years. Smart locks is expected to be one of the utmost promising offering among all the devices over the succeeding years. Smart locks is not a completely novel industry. There has been efforts to revolutionize the traditional locks and key with numerical keypad locks. In smart locks, instead of accessing the lock with you keys, you can control access to the lock using a phone, wireless key fob or even distantly over the internet. Most of the smart locks are simple and are at-home installable devices that can fit over the thumb turn of a deadbolt contained on the inside portion of the door. The smart locks cost approximate US$ 170 to US$ 260 and is still considered a luxury device for an average residential customer.

Smart Locks Market: Drivers & Restraints

The key drivers driving the growth of global smart locks are increased popularity of smart home services coupled with smartphone penetration, which is expected to reach saturation points in the next two to three years. Moreover, declining costs of ubiquitous mobile broadband and cloud infrastructure have also aided in allowing users to easily remotely monitor and control any device, be it a smart lock or a smart thermostat. Some of the other factors driving the growth of global smart lock includes its various advantages such as allowing users to grant others access to their locks directly from their phones, convenience of being able to walk up to a door and have it automatically unlock without having to reach for one’s keys and many others. One of the major challenge for global smart locks market is the issue of one’s phone potentially dying. In such a scenario, a physical key still works. Furthermore, phones and back end clouds can be hacked, hence there remains a real and perceived security risk related to smart locks. Also, it will be critical for startups to heavily invest in security since the headline and publicity risk is the largest in the early market. The ubiquity of smartphones and low power communication protocols, along with improved technologies primarily related to geo-locating an individual have created new opportunities to enhance user experience that can be further explored in this market.

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Smart Locks Market: Segmentation

On the basis of sub-market, the global smart locks market is segmented into,

  • Data Center Security
  • Energy Security
  • Casino Management
  • Physical Security
  • Port Security

On the basis of applications, the global smart locks market is segmented into,

  • Smart Homes

On the basis of sub-product, the global smart locks market is segmented into,

  • Motion Sensor
  • Touch Screen
  • Keypads

Smart Locks: Region-wise Outlook

Currently North America is expected to be the largest market for global smart locks. This market is anticipated to observer the maximum growth in the Asia-Pacific region, especially in countries such as India, China and Japan. Smart Locks market is predicted to expand at a stable rate in other regions of the world as a result of a decelerating worldwide economy in these regions.

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Smart Locks Market: Key Players

Some of the market participants in the global smart locks market are AT&T Intellectual Property, Comcast, Lowe’s Companies, Inc., Staples, Inc., UniKey Technologies, Inc., Yale Real Living, MIWA Lock Co. and HAVEN among many others.

FMI: On-Shelf Availability Solution Market Value Share, Supply Demand, share and Value Chain 2015-2025

FMI_FacebookThe On-Shelf availability solution eliminates problem of out of stock (OOS) satiation using advanced analytics and alerting to monitor demand from all level of user. On-shelf availability solutions integrates with internal and external sources and provides users with ability to solve basic problems in the system that results in OOS situations. On-Shelf Availability solution ensures availability of products on shelf ready for customer purchase. These solutions enable store staff to get real time access to on-shelf availability information, which ultimately increase customer satisfaction and store sales. On-shelf availability solutions provides reliable identification of out-of-shelf (OOS) situations, instant alerts, scalability for thousands of stores and cost efficiency. On-shelf availability solutions determines probability of a product being out-of-shelf by forecasting historic data and analysing actual sales from POS and product inflows from replenishment data.

Global On-shelf availability solution Market Segmentation

Global on-shelf availability solution market is segmented on the basis of service type, deployment model and end-user. On the basis of service type the global on-shelf availability solution market is segmented into – system integration service, consulting services, support & maintenance service. On-shelf availability solution are segmented into two ways by which it can be deployed – on-premise deployment and cloud based deployment. On-shelf availability solution provide assistance to complete value chain of the product. On the basis of end-use, on-shelf availability solution market can be segmented into – retailers, online retailers, warehouses, stores and complete value chain.

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Global On-shelf availability solution Market: Region-wise Outlook

The global On-shelf availability solution market is divided into seven geographical regions – North America, Latin America, Asia-Pacific, Japan, Eastern Europe, Western Europe and Middle East & Africa. The global On-shelf availability solution market is expected to reflect a double-digit CAGR over the forecast period. At present, North America is dominating the market followed by Western Europe. Among all the regions, APEJ is expected to create huge market opportunity for major players operating in the on-shelf availability solution market during the forecast period. Latin America and Middle East & Africa regions are reflecting comparatively slow growth during forecast period.

Global On-shelf availability solution Market: Drivers

The most important factor which is projected to drive on-shelf availability solution market is increasing need for ensuring on shelf availability of product before customer demands for it with advanced data analytics. On-shelf availability solutions have gain significant popularity because it reduces OOS situation, thus reduces loss of customer and sales. On-shelf availability solutions indirectly enable the user to deal with challenging economy, demanding customers through its multidimensional reporting analytics. Increasing number of collaborations between retails and suppliers will further help to boost on-shelf availability solution Market growth.

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On other hand, data handling by third parties can create issues related to privacy of data.

Tremendous opportunities lies in developing inexpensive customized solutions using automated cloud based deployment.

Global On-shelf availability solution Market: Key Players

On-shelf availability solution market is very niche market and characterised by active presence of few big players and several small players. IBM Corporation (US), Checkpoint Systems, Inc., Lokad, Retail Solutions Inc., IRI, Mindtree and GATE among others are some of major players in On-shelf availability solution market. These players are continuously focusing on innovative product development and merger & acquisition activity.

FMI: Learning Analytics Solution Market Analysis, Segments, Growth and Value Chain 2015-2025

Learning Analytics Solution Market: Introduction

Learning is a product of interaction. Educators expend enormous amount of effort to design their learning content for maximizing the value of these interactions. There is no shortage of data when it comes to the learning experience. Student evaluation, performance data and curriculum analysis are just the tip of the iceberg for the course administrators, instructional authors and researchers who seek to transform educational data into meaningful and strategic learning experience. Student information in the form of grades, rates of participation, credit hours and work schedules piles up over the years, and educational institutes can now utilize learning analytics solutions to turn all these data into actionable insights. Learning analytics is the integration of computer science discipline such as data mining and computational analytics with learning and education. Learning analytics solution utilizes tools and applications for collecting, organizing and analyzing structured and unstructured data to improve multiple operations and activities that are part of education industry. It further helps to achieve strategic goals and enable better decision making.

Learning Analytics Solution Market: Segmentation

Learning analytics solution market is segmented on the basis of solution, deployment mode, service, end user and region. By solution, learning analytics solution market can be segmented into predictive analytics, content analytics, adaptive learning analytics and social learning analytics. The global learning analytics solution market can be segmented according to deployment mode which includes on-premise and cloud based deployment. By service, learning analytics solution market can be segmented into consulting, implementation & integration and maintenance. The global learning analytics solution market can be segmented on the basis of end user which includes small and medium institute and large organization. Regionally, learning analytics solution market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.

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Learning Analytics Solution Market: Regional Outlook

Learning analytics solution market is expected to witness a healthy CAGR during the projected period due to increasing popularity of these solutions among large educational institutes. North America is the dominating region in learning analytics solution market and is expected to remain dominant followed by Western Europe during the forecast period. Asia Pacific region is expected to reflect highest CAGR during the forecast period.

Learning Analytics Solution Market: Drivers

The growing demand by educational institutes and organizations to make better decisions by using student learning data is driving the growth of learning analytics solution market. Furthermore, added functionalities of cloud based analytics solutions and easy integration process are further expected to fuel the growth of learning analytics solution market during the projected period. However, high initial installment cost coupled with lack of awareness of learning based technology solutions across emerging countries such as Brazil, Indonesia and Thailand are expected to hinder the growth of learning analytics solution market amidst the forecast period 2015-2025.

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Learning Analytics Solution Market: Key Players

The key vendors in the learning analytics solution market include SAS Institute Inc., IBM Corporation, Oracle Corporation, Tableau Software Inc., Blackboard Inc., McGraw-Hill Education Inc., Desire2Learn Inc., Saba Software Inc., Pearson PLC, Moodle rooms Inc., and others. Major players in the learning analytics solution market follow the strategy of introducing cost-effective solutions to gain competitive edge. In addition, collaboration and strategic partnership are the other major strategies followed by the learning analytics solution providers to outperform competitors.

FMI: Passive Infrared Sensor Market Segments, Opportunity, Growth and Forecast By End-use Industry 2015-2025

FMI_Facebook2-333x333Global Passive Infrared Sensor Market: Overview

Passive infrared sensor is an electronic device that can produce light and detect motion of an infrared emitting source such as human being. Passive infrared sensor finds its application in security devices, cameras and thermal camera, spectrometers, home appliances, gas and fire detection systems, pyrometers, and temperature sensors etc. Some of the major advantages of passive infrared sensor are minimum power consumption and accurate movement detection, which in turn make passive infrared sensor an ideal electronic device for safety and security.

Global Passive Infrared Sensor Market: Segmentation

Global passive infrared sensor market is segmented into device, range, type, and region. The global passive infrared sensor market can be segmented on the basis of device which includes smoke detector, motion controller, heat detector and other device. On the basis of range the market can be segmented into short wave passive infrared sensor, mid wave passive infrared sensor and long wave passive infrared sensor. Application type includes consumer electronics, defense and aerospace, healthcare and industrial, and automotive. Consumer electronics segment can be further sub-segmented into smartphones and smart mobile devices, cameras and other electronics. Region wise, global passive infrared sensor market is segmented into North America, Latin America, Western Europe, Eastern Europe, Japan, Asia pacific (APEJ), and Middle East and Africa (MEA).

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Global Passive Infrared Sensor Market: Region-wise Outlook

The global passive infrared sensor market is projected to witness a considerable growth in CAGR from 2015 to 2025. Currently, North America and Western Europe are the matured market for passive infrared providers. However, Asia-Pacific, and MEA are expected to become lucrative regional market for key players operating in the passive infrared sensor market. FMI forecasts, the market in Asia-Pacific region is expected to grow at fastest CAGR over the forecast period.

Global Passive Infrared Sensor Market: Drivers

Widening application area of passive infrared sensor is accelerating the growth of passive infrared sensor market. Expanding demand for motion enabled smartphones, industrial machineries, medical equipment, and military & aerospace devices, rising uptake of wireless communication, growing trends of industrial as well as home automation. Additionally, low power consumption and increasing demand for motion sensors in gaming is likely to fuel the growth of the global passive infrared sensor market during the forecast period.

Global Passive Infrared Sensor Market: Restraints

Some of the restraints which are hindering the growth of global passive infrared sensor market to some extent are availability of alternative sensors at lower price and inability of passive infrared sensor to detect objects moving at very slow speed.

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Global Passive Infrared Sensor Market: Competitive Landscape

Key players in the global passive infrared sensor market focus on product innovation and introduction of new enhance products in order to outperform competitors. Major companies in the global passive infrared sensor market concentrate on expanding footprints across the world so as to enhance their customer base as well as profit margin. Furthermore, high investment on research and development activities is another major strategy followed by major players in the global passive infrared sensor market. For example, General Dynamics Corporation invested 1.2% of its total revenue during fiscal year 2014 i.e. US$ 358 Mn in research & development (R&D) activities in order to enhance the efficiency of its business operations and foster innovation in product development.

Global Passive Infrared Sensor Market: Key Players

Some of the major players identified in the global passive infrared sensor market are Axis Communications AB, General Dynamics Corporation, Bosch security systems ltd., Current Corporation, Atmel Corporation, Elmos Semiconductor AG, Cypress Semiconductor, Epson Toyocom Corporation, Honeywell International Inc. and STMicroelectronics N.V. etc.