The Point of Sale (POS) terminal market has witnessed a dramatic turn-around and development with the advancement in technology and growth of mobile POS terminal solutions. The POS terminals are slowly and steadily migrating towards digital format, with e-mailed receipts and electronic signature capture enabling paper free transactions.
With the advancements in wireless technology, the mobile POS terminals market is set to witness strong growth in the next few years. Benefits offered such as low upfront cost, portability, easy usage, and positive return on investment have collectively spurred the adoption of mobile POS terminals beyond the traditional retail applications. Emergence of mobile wallet technology and increasing NFC-based transactions are expected to drive market growth during the forecast period.
The market for dashcams is growing rapidly with increasing awareness about the benefits of dashcams particularly among the private vehicle owners. In addition, dashcams are widely used by taxi and bus drivers, driving instructors, police officers and many others to capture real time driving incidences. Dashcams provides straight to point and efficient evidence in case of accidents to easily identify the fault of driver.
This report analyzes the global flexible electronics market in terms of component, application, and geography. On the basis of component employed, the global flexible electronics market is segmented into flexible display, flexible sensor, flexible battery, flexible memory, and other components including photovoltaic, conductors, etc. Similarly, based on application, the global flexible electronics market is classified into consumer electronics, automotive, healthcare, military and defense, and other application segments including power and energy. The geographical distribution of the global flexible electronics market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
The quantum dots technology is poised to witness growing adoption, especially in the consumer segment (display and lighting). The anticipated growth can be majorly attributed to escalating demand for energy efficient lighting solutions and display panels. In addition, miniaturization property of quantum dots has enabled them to find applications in different domains including healthcare, consumer, industrial, defense and surveillance, and energy among others.
Laser technology offers high accuracy and speed for various industrial processes as compared to the conventional processing methods. Additionally, laser processing is a non-contact process, it delivers clean and damage free processes. This is the most prominent factor responsible for increasing penetration of laser technology across different manufacturing processes.
Set-top boxes (STBs) are receiving devices that are used at the consumers’ (subscriber) end for receiving the broadcasted content. The set-top boxes market is broadly segmented into type, video resolution and geographical regions. The market for set-top boxes is majorly driven by the mandatory digital television transition worldwide. With nearing deadlines for switchover across various countries, the demand for set-top boxes is expected to remain strong in the coming years.
Increasing electricity expense resulting in need for optimum energy management is identified as the major factor driving the home energy management systems market. However, lack of awareness regarding the benefits offered by these systems coupled with the high upfront cost has somewhat inhibited the market growth. However, to address these challenges effectively, suppliers and solution providers have started offering variable pricing schemes to encourage consumers to make optimum use of the electricity during off-peak hours and reduce consumption during peak hours.
The global commercial refrigeration equipment market is growing rapidly with expanding cold chains, stringent food production and preservation regulations and rising demand for packaged food. In addition, rising market competition and stringent energy consumption regulations are forcing retailers to replace their outdated refrigeration solutions with advanced energy efficient solutions.
The market for electric water heaters is poised to witness steady growth during the forecast period with the construction and real estate sector regaining its original growth levels post economic recession. Government regulations promoting energy efficient solutions coupled with the growing preference for tankless water heaters are expected to drive the demand for new electric water heater installations in the coming years.
3D printing, also called as additive manufacturing refers to a process used for making three-dimensional solid objects using a 3D digital model. As the name suggests, this is achieved by using additive processes whereinthe desired object is created by placing successive layers of the raw material. Unlike traditional manufacturing, there is no drilling, cutting, welding involved in the process.
Resurgence in the housing sector post economic recovery is identified as the major driving factor for the global power tools market. Growing trend of modernizing housing stock, especially in emerging countries is expected to have positive impact on the overall demand for power tools. In addition, steady advancements in battery technologies are expected to propel demand for electric cordless power tools in both residential and non-residential applications.
Growing preference for wireless or mobile POS terminals is identified as the major factor driving the retail POS terminals market. Mobile POS terminals being portable are extremely easy to use and allow retailers to streamline their in-store processes. In addition, changing payments landscape across the globe resulting in increased payments through debit and credit cards (cashless) is another factor fueling market momentum. These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 12.8% during the forecast period 2016 – 2023
The global demand for electrical enclosures is primarily driven by rapid growth in industrialization coupled with the mounting trend towards process automation. Stringent safety regulations and improved investments in renewable energy projects, especially in developed economies are collectively expected to favor market demand in the coming years.
The global motor vehicle sensors market is expected to witness steady growth with rising production and sale of motor vehicles across the world. In addition, stringent vehicle emission regulations in developed as well as developing countries are supporting the growth of motor vehicle sensors. Moreover, rising demand for advanced motor vehicles increasing the demand for driver assistance and safety systems.
This report analyzes the global headphones and earphones market in terms of type, technology, sales channel, and geography. On the basis of type, the market is segmented into in-ear headphones and ear phones, on-ear headphones and earphones, and over-ear headphones and earphones. Similarly, on the basis of technology, the global market for headphones and earphones is classified into wired and wireless headphones and earphones.
The resurgence in the industrial sector post economic slowdown coupled with the growing trend towards automated manufacturing units is instrumental in driving demand for metrology solutions and services. Furthermore, advancements in measurement technologies and mounting preference for portable metrology solutions have further fueled market momentum. These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 7.9% during the forecast period 2016 – 2023.
The global market for surge protection devices is expected to witness significant growth through the forecast period with steady growth in construction and rising demand for expensive electronic devices. In addition, growing industrialization and growth in commercial sector is also expected to support the demand for surge protection devices. All these factors represent a positive outlook for trade partners across the value chain of surge protection devices industry.
The advancements in measurement technologies supported by the growing demand for portable and easy-to-use metrological solutions have been instrumental in driving adoption of articulated arm machines beyond traditional verticals like automotive and machine shops. Unlike fixed CMM (Coordinate Measuring Machine) configurations, articulated machines offer superior benefits in terms of portability, weight, and flexibility in measurement.
With the advancements in technology and emergence of cloud-based solutions, hospitality service providers have an additional option of storing the information on the cloud, thereby reducing the need for a back-end office computer and paper-heavy files. These solutions offer benefits including access to a service on demand, lower capital expenditure, and reduced internal IT requirements. While cloud-based solutions represent the present demand, hybrid POS systems with an on-premise POS network and strategic data synchronized to the cloud may very well be the future of the POS terminals in the hospitality industry.
Growing need to track patient information and restructure payment practices across the healthcare industry are identified as the major factors driving the uptake of POS terminals in the healthcare industry. In addition, growing healthcare infrastructure in form of hospitals, clinic, and diagnostic labs coupled with the changing payment landscape is also expected to shape market demand during the forecast period.
This report analyzes the global home audio equipment market in terms of product type, sales channel, and geography. On the basis of product type, the market is segmented into home theatre systems, soundbars, and Blue-ray & DVD players. Additionally, based on sales channel, the market is segmented into retail and online/e-commerce. The geographical distribution of the global home audio equipment market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
This report analyzes the global roll-to-roll technology for flexible device market in terms of mechanism, application, and geography. On the basis of mechanism employed, the global roll-to-roll technology for flexible device market is segmented into gravure, flatbed and rotary screen printing, flexographic printing, imprint lithography, laser ablation, offset printing, inkjet printing, and other mechanisms.
This report analyzes the global outdoor LED display market in terms of application, technology, color display, and geography. On the basis of application, the global outdoor LED display market is segmented into LED billboards, perimeter LED boards, LED video walls, LED mobile panel, and LED traffic lights among other applications. In terms of color display, the market is segregated into monochrome display, full color display, and tri-color display. Similarly, on the basis of technology, the global market for outdoor LED displays is further classified into individual mounted and surface mounted.
This report analyzes the global power banks market in terms of type, battery type, power rating, and geography. On the basis of type, the market is segmented into portable power banks, battery case power banks, and solar power banks. Similarly, the global market for power banks is classified by battery type into lithium ion and lithium polymer power banks. Similarly, on the basis of power rating, the global power banks market is segmented into below 3,500 mAh power banks, 3,500 mAh – 20, 000 mAh power banks, and above 20,000 mAh power banks.
This report analyzes the high capacity (exceeding 20,000 mAh) power banks market in North America in terms of type, power rating, and end-use application. On the basis of type, the market is segmented into high capacity portable power banks, and high capacity solar power banks. Similarly, on the basis of power rating, the global power banks market is segmented into two major categories namely, power banks with power ratings between 20,000 mAh - 80,000 mAh and power banks with power ratings 80,000 mAh and above.
Join Credence analysts to explore the latest IT Trendsview upcoming webinars
The semiconductors & electronics market reported consistent expansion and growth from the period it came into existence that is generally about forty years ago till the financial crises and economic recession taking place in year 2009.