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Inspection Drones Market To Reach A Value Of ~ Us$ 32 Bn By 2027

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According to a new research report pertaining to the inspection drone market, published by Transparency Market Research the global inspection drone market is expected to reach a value of ~ US$ 32 Bn by 2027, expanding at a CAGR of ~ 23% from 2019 to 2027. According to the report, the global market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period.

inspection drone market infographic

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Rise in Demand for Inspection Drones in Oil & Gas Industry

  • Inspection drones are part of the large shift toward the automation of tasks in the oil & gas industry. Different end-use industries, including oil & gas, are increasingly using inspection drones for a wide variety of applications. Inspection drones can be used on any part of a platform, wherein, inspections typically require scaffolding or rope access.
  • Moreover, advanced drone technology is helping end-use industries save on costs and time, while improving efficiency and safety to optimize production. Increasing investments and rising demand for inspection drones in the oil & gas industry are expected to drive the global inspection drone market during the forecast period.
  • Inspection drones can collect data by using various sensors and thermal cameras. Inspection drones efficiently eliminate delays in human-conducted inspections and the time spent attending to unnecessary accidents. Across the globe, inspection drones are used to carry out offshore and onshore oil derrick inspections, vertical structure inspections, flare stack inspections, oil spill detections, offshore inspections, tailings pond inspections, monitoring of gas emissions, and damage assessment. Rising investments toward the expansion and modernization of the oil & gas industry are expected to drive the market for inspection drones during the forecast period.

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Military & Defense to Account for a Leading Share of Global Inspection Drone Market

  • The report offers detailed segmentation of the global inspection drone market in terms of component (mainframes, brushless motors & electronic speed controllers (ESC), transmitters & receivers, flight controllers, and others), sales channel (online and offline), application (oil & gas pipeline inspection, solar panels, power line and windmill inspection, critical infrastructure inspection, railways, roadways and bridge inspection, border security, and others), and end-use industry (oil, gas and petroleum, energy & utilities, military & defense, mining & construction, transportation, and others). The global inspection drone market has also been segmented based on region (North America, Europe, Asia Pacific, South America, and Middle East & Africa).
  • Among the end-use industries, the military & defense segment accounted for a leading share of the global inspection drone market in 2018. The segment is anticipated to maintain its leading position in the global market during the forecast period as well.
  • Increase in the demand for border security is likely to be a major factor driving the global inspection drone market during the forecast period. Currently, major drone manufacturers are setting up drone pilot projects.
  • Different commercial applications such as critical infrastructure inspection, wildlife observation, railway track inspection, and bridge inspection are becoming easier with the help of inspection drones. Thus, commercial services based on inspection drones are gaining momentum, which is expected to drive the global inspection drone market during the forecast period.
posted Feb 13 by anonymous

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Global Fully Automatic Beverage Machines Market: Overview

  • The global fully automatic beverage machines market was valued at ~US$ 6.7 Bn in 2018, and is expected to expand at a CAGR of ~6% from 2019 to 2027. The global fully automatic beverage machines market is expanding significantly, in terms of size and value. The demand for out-of-home (OOH) coffee is fueling the need for fully automatic coffee vending machines and other fully automatic beverage machines.
  • The fully automatic beverage machines market in Asia Pacific is growing rapidly, as a result of urbanization and development in mid-sized cities (tier II or tier III), expansion of a number of outlets/local coffee chains into multinational companies, and the easy availability of products.
  • The fully automatic beverage machines market in Europe accounted for ~40% share of the global fully automatic beverage machines market in 2018, followed by Asia Pacific and North America. The Europe fully automatic beverage machines market is anticipated to maintain its dominance during the forecast period. This can be attributed to the presence of world leading manufacturers of fully automatic beverage machines in the region.

Fully Automatic Beverage Machines Market: Driving Factors

  • Increase in the demand for fully automatic beverage machines from universities, colleges, and offices in Asia Pacific countries is fueling the growth of the fully automatic beverage machines market in the regions. The installation of fully automatic beverage vending machines in colleges in China is increasing at a fast pace, and is likely to grow during the forecast period. The growth potential of the OOH coffee segment is evident, with Coca-Cola completing the acquisition of U.K.-based global coffee brand ‘Costa Coffee’ from Whitbread PLC for US$ 5.1 Bn on January 3, 2019.
  • Fully automatic vending machines are a prominent channel through which Costa Coffee is consumed across the world. The company had over 8,000 automatic vending machines to serve coffee. Thus, rise in the global demand for OOH coffee is fueling the demand for fully automatic coffee and other beverage vending machines across the world.

Fully Automatic Beverage Machines Market: Key Challenges

  • The taste preferences of consumers for beverage are changing with respect to geography and demography, thus restraining the fully automatic beverage machines market.
  • It has been observed that, the population in North America and Europe prefer to purchase healthy drinks from fully automatic beverage machines. However, carbonated soft drinks are popular in other regions.
  • Manufacturers of fully automatic beverage machines are selling different products as per region to increase their market reach.
  • The manufacturing cost of fully automatic beverage machines is high, and selling different types of fully automatic beverage machines in different locations has become a challenge for them.

Fully Automatic Beverage Machines Market: Competitive Landscape

  • The fully automatic beverage machines market includes several players that are focused on the development of new products to cater to market demand.
  • The report includes the below-mentioned pointers of major players operating in the fully automatic beverage machines market:
    • Company Overview
    • Product Profiling
    • Market Share Analysis (2018)
    • Product Innovation
    • Business Strategies/Recent Developments
      • Technological Advancements
      •  Key Mergers & Acquisitions
      • Expansion Strategies
    • Company Financial

Major players operating in the fully automatic beverage machines market include ABB Group, Aichi Electric Co., Ltd., Ametek, Cummins Group, Franklin Electric, Generac Holdings Inc., Hitachi Industrial Equipment Systems Co., Ltd, Johnson Electric, Lunar Motors Pvt. Limited, Mitsubishi Electric Corporation, Nidec Corporation, Ningbo Haishu Kingo Motors Factory, Sanyo Denki Co. Ltd., Regal Beloit Corporation, Siemens AG, TECO Electric & Machinery Co. Ltd., TECO Electric & Machinery Co. Ltd., Vestas, and WEG Industries.

Fully Automatic Beverage Machines Market: Segmentation

The fully automatic beverage machines market has been bifurcated into product, electric drive, price range, HoReCa, and region.

Fully Automatic Beverage Machines Market by Product

  • Beverage Machines
  • Beverage Vending Machines

Fully Automatic Beverage Machines Market by Electric Drive

  • DC Motors
  • AC Motors

Fully Automatic Beverage Machines Market by Price Range

  • Less than US$ 2,000
  • US$ 2,000 – US$ 4,000
  • US$ 4,000 – US$ 6,000
  • More than US$ 6,000

Fully Automatic Beverage Machines Market by HoReCa

  • Quick-service Restaurants
    • Fast Food Restaurants
    • Cafeterias
    • Carryout Restaurants
  • Full-service Restaurants
    • Fine Dining Restaurants
    • Casual Dining Restaurants
    • Hotel & Club Food Service

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According to a new research report published by Transparency Market Research (TMR) , the global vibration sensor market is expected to reach a value of ~ US$ 4.5 Bn by 2027, expanding at a CAGR of ~ 5% from 2019 to 2027. According to the report, the global vibration sensor market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Asia Pacific is projected to continue to lead the global vibration sensor market, with the vibration sensor market in the region expanding at a CAGR of ~ 5% between 2019 and 2027. 

Global Vibration Sensor Market: Overview

  • The last few years have seen significant rise in the awareness about predictive maintenance as well as safety in various high growth regions such as North America, Europe, and Asia Pacific.
  • This is attributable to the increase in the adoption of vibration sensors in several industry verticals. Vibration sensors are used to measure and analyze parameters such as linear velocity, displacement, and acceleration. These parameters are required to monitor machine health that further improves productivity as well as reduces maintenance cost. Also, the use of vibration sensors is increasing as machine condition monitoring plays an important role in improving the performance of machines. These factors have driven the demand for vibration sensors in Asia Pacific. Increase in the demand for vibration sensors in high growth regions is projected to directly increase the growth of the global vibration sensor market.

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Accelerometers Hold a High Share in the Global Vibration Sensor Market

  • The accelerometers segment was dominant, holding 71.46% share of the global vibration sensor market in 2018. The segment is anticipated to continue its dominance throughout the forecast period in the vibration sensor market.
  • Piezoelectric type accelerometer vibration sensors have large demand within various industry verticals.

Processing Industry Holds the Leading Market Share

  • The processing industry segment is anticipated to be a prominent segment in the global vibration sensor market throughout the forecast period.
  • The segment is projected to expand at a CAGR of ~ 5% from 2019 to 2027. This is primarily due to the high adoption of vibration sensors in processing industries such as food & beverages, metal & mining, and paper & pulp.

Asia Pacific to be a Highly Lucrative Market for Vibration Sensors

  • In terms of geography, the global vibration sensor market has been segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Asia Pacific dominated the global vibration sensor market, holding 33.08% of the market share in 2018.
  • The market in Asia Pacific is expected to expand at the CAGR of ~ 5% during the forecast period.
  • Growth of the vibration sensor market in Asia Pacific is attributable to the rising demand for vibration sensors for use in a wide range of applications in the region. These include condition monitoring, machine monitoring, industrial monitoring, medical instrumentation, sports diagnostic equipment, and military applications where wide bandwidth, small form factor, low power, and high performance are critical.

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Vibration Sensor Market: Competition Landscape

  • With the objective of business expansion, several players operating in the global vibration sensor market are expanding their offerings through strategic mergers and acquisitions as well as partnerships. Furthermore, an increasing number of players are spending significantly on R&D activities to develop innovative and technologically-advanced vibration measurement solutions.
  • Some of the prominent players operating in the global vibration sensor market are Honeywell International, Inc., TE Connectivity Ltd, Robert Bosch GmbH, ASC GmBH, MTI Instruments Inc., Keyence Corporation, Safran Colibrys SA, Hansford Sensors Ltd, National Instruments Corporation, and Analog Devices, Inc.

 

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Racing Drones Market: Introduction

Transparency Market Research delivers key insights on the global racing drones market. In terms of revenue, the racing drones market is estimated to expand at a CAGR of ~19% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the racing drones market.

A racing drone is a small quadcopter unmanned aerial vehicle i.e. UAV, which is designed for FPV i.e. (first person view) racing events. Racing drones come in different types, primarily the following: ready-to-fly (RTF), bind-and-fly (BNF), do-it-yourself (DIY), plug-and-play (PNP), and plug–and-fly (PNF) drones. RTF racing drones are primarily for beginners who want to learn the method to handle racing drones and participate in events. On the other hand, DIY racing drones are designed for experts who want to build their own customized racing drones. A racing drone has multiple components, such as an FPV camera, remote controller, flight controller, video transmitter and receiver, drone frame, battery, propellers, and FPV goggles. A DIY racing drone can be built from these components.

Racing Drones Market: Dynamics

Popularity of drone racing as a competitive sport is growing all over the world. The sport is being rapidly commercialized by racing organizations, including International Drone Racing Association, Inc. and the U.S. Drone Racing Association.

Ready-to-fly racing drones do not require any additional assembly and they can directly enter any racing event. Multiple types of ready-to-fly racing drones are available in the marketplace, including Walkera Furious 215, ARRIS X-Speed 250B, and Walkera Runner 250 Pro. Use of ready-to-fly racing drones is growing, owing to zero setup cost and no requirement for assembly. Moreover, ready-to-fly racing drones are highly useful for beginners. They can learn to fly racing drones with ease and without any requirement for building their own racing drones. Moreover, ready-to-fly racing drones are inexpensive compared to other types of drones. Increasing use of ready-to-fly racing drones is projected to have a medium impact on the racing drones market from 2019 to 2027, owing to their numerous advantages.

Racing Drones Market: Prominent Regions

Asia Pacific is expected to dominate the racing drones market during the forecast period, owing to early adoption of technologies, presence of a large number of well-established players providing racing drones, and increasing popularity of drone racing across the region, especially in countries such as China, Japan, Australia, India, and South Korea. Furthermore, professional pilots are emerging from Asia Pacific, especially China, which holds a significant share of the market in the region. The market in North America is projected to expand at a significant rate during the forecast period, due to growing popularity of FPV drone racing tournaments, such as MultiGP Canada Drone Racing League and the U.S. National Drone Racing Championship, in the region. Popularity of drone racing is high especially among professional racers, as the winning price of these competitions is very high.

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Racing Drones Market: Key Players

The global racing drones market witnesses presence of a large number of well-established as well as emerging players. A few of the key players operating in the global racing drones market are YINYAN Model Tech MFT., Tian Yu Hi-tech Co. Ltd, Eachine, and Hubsan. These players strive to gain a competitive edge by developing innovative products that cater to multiple applications. For instance, in 2019, YINYAN Model Tech MFT announced the launch of a new racing drone called ‘Babyhawk R Pro 4’. Size of this drone is small i.e. 4 inches and it can fly at a high speed without creating much noise. The new product would help the company in catering to micro and mini racing drone product segments.

Global Racing Drones Market: Segmentation

Racing Drones Market, by Type

  • Ready-to-fly (RTF)
  • Bind-and-fly (BNF)
  • Plug-and-play (PNP)/Plug-and-fly (PNF)

Racing Drones Market, by Component

  • FPV Goggles
  • FPV Remote Controllers
  • Cameras
  • Batteries
  • Motors
  • ECSs
  • Flight Controllers
  • Others
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Deep Learning Chipset Market: Introduction

Transparency Market Research delivers key insights on the global deep learning chipset market. In terms of revenue, the deep learning chipset market is estimated to expand at a CAGR of ~24% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the deep learning chipset market.

The deep learning technology is driving advancements in artificial intelligence (AI). In the current scenario, the deep learning chipset technology is being led by graphics processing units and central processing units. However, in the next few years, other chipset types including, application-specific integrated circuits and field programmable gate arrays, are expected to play an extended role.

Deep Learning Chipset Market: Dynamics

While in the current scenario, a large number of developments are being witnessed in the robotics industry, the difference between human skills and robot motor skills still remains large. Machines still need to go a long way to match the human proficiency even at the level of basic sensorimotor skills such as grasping things. However, by linking learning with a continuous feedback, this gap can be bridged. By doing so, it would become easier for robots to understand the complexity of the current world and handle issues intelligently and reliably. The neural network technology has made great strides to design computer programs that can process images, text, and speech, and can draw pictures too. However, introducing various actions and control mechanism adds substantial new challenges to the network. Overcoming these challenges would help in understanding the method in which machines would communicate in the current ecosystem. By bringing the power of large-scale deep learning to the robotic control, fundamental issues in robotics and automation can be easily resolved. This, in turn, is expected to augment the deep learning chipset market during the forecast period.

Deep Learning Chipset Market: Prominent Regions

North America is the dominant region in the deep learning chipset market. Growth of the market in the region can be attributed to high investments and a large number of manufacturers in the region. Moreover, the market in Europe is expected to witness significant growth during the forecast period, due to increasing demand for deep learning chipsets for use in prediction of frauds and failures in the region. Asia Pacific, South America, and Middle East & Africa are emerging markets for deep learning chipsets, offering lucrative opportunities to vendors and system integrators in the long term.

Deep Learning Chipset Market: Key Players

Key players operating in the global deep learning chipset market are IBM Corporation, Graphcore Ltd, CEVA, Inc., Advanced Micro Devices, Inc., NVIDIA Corporation, Intel Corporation, IBM Corporation, Movidius, XILINX INC., TeraDeep Inc., QUALCOMM Incorporated, and Alphabet Inc.

Global Deep Learning Chipset Market: Segmentation

Deep Learning Chipset Market, by Type

  • Graphics Processing Units (GPUs)
  • Central Processing Units (CPUs)
  • Application Specific Integrated Circuits (ASICs)
  • Field Programmable Gate Arrays (FPGAs)
  • Others

Deep Learning Chipset Market, by Compute Capacity

  • High
  • Low

Deep Learning Chipset Market, by End User

  • Consumer Electronics
  • Automotive
  • Industrial
  • Healthcare
  • Aerospace & Defense
  • Others
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IP Geolocation Solutions Market: Overview

According to a new market report pertaining to the global IP geolocation solutions market published by Transparency Market Research , the global IP geolocation solutions market is projected to reach value of ~US$ 4.5 Bn by 2027. The IP geolocation solutions market is projected to expand at a CAGR of 11% from 2019 to 2027. Expansion of the IP geolocation solutions market can be attributed to increase in data breaches and cyber-attacks and increasing usage of location-based services (LBS). North America is anticipated to lead the global IP geolocation solutions market in terms of revenue, followed by Europe, during the forecast period.

Rising Demand for Real-time Traffic Management: Opportunity

Real-time traffic management helps enterprises to validate their online marketing strategy and provides them a better understanding to optimize further efforts. Enterprises can then strategically enhance and control their marketing tasks with more transparency.

IP geolocation mainly helps enterprises to prolong the time period that a user spends on their website, resulting in enhancing the user experience for the enterprise. Enterprises can easily determine the appropriate content that aids the requirements of users from a targeted geographic region. Enterprises can also easily redefine their marketing strategy to understand online visitors and where they come from.

IP Geolocation Solutions Market: Segmentation

The global IP geolocation solutions market has been segmented based on solution, module, enterprise size, application, and region. In terms of solution, the IP geolocation solutions market has been segmented into software and services, in which software is further bifurcated into cloud-based and on-premise. Services is further bifurcated into professional and managed services. On the basis of module, the IP geolocation solutions market has been segmented into location module, currency module, time zone module, connection module and security module. Based on enterprise size, the market has been divided into small & medium enterprises, and large enterprises. Application segment is further segmented into content personalization, fraud detection, ad targeting, traffic analysis, compliance, geo-targeting, geo-fencing, and digital rights management.

IP Geolocation Solutions Market: Regional Outlook

In terms of region, the global IP geolocation solutions market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is estimated to dominate the global IP geolocation solutions market and account for 35.7% share by the end of 2019. It is estimated to maintain its dominance during the forecast period. The market in Asia Pacific is estimated to expand at a growth rate (CAGR) of 12.6% during the forecast period.

Furthermore, the IP geolocation solutions market in Europe is projected to expand at a CAGR of 10.4% during the forecast period, due to increasing implementation of big data and analytics technologies to enhance the demand for LBS and RTLS solutions in the region. The IP geolocation solutions market in Middle East & Africa and South America is expected to expand moderately during the forecast period.

For More Details, Request A Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=75521

The report provides in-depth segment analysis of the global IP geolocation solutions market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which offer considerable opportunities or account for significant share has also been included as part of geographic analysis for the IP geolocation solutions market.

IP Geolocation Solutions Market: Competition Landscape

The research study includes profiles of leading companies operating in the global IP geolocation solutions market. Key players profiled in the report include MaxMind, Inc., Neustar, Inc., Pitney Bowes Inc., Google LLC, IP2Location.com, BigDataCloud Pty Ltd, Digital Element, Inc. El Toro LLC, IDB LLC (ipinfo.io), Ipapi (Kloudend, Inc.), IP Stack Technologies, ipwhois.io, and db-ip.com.

Global IP Geolocation Solutions Market: Segmentation

IP Geolocation Solutions Market, Solution

  • Software
    • Cloud-based
    • On-premise
  • Services
    • Professional
    • Managed

IP Geolocation Solutions Market, by Module

  • Location Module
  • Currency Module
  • Time Zone Module
  • Connection Module
  • Security Module

IP Geolocation Solutions Market, by Enterprise Size

  • Small & Medium Enterprises
  • Large Enterprises
...