Global Smart Cards Market Expected to Reach US$14.17 bn by 2023

Smart cards are IC-based cards that accumulate and retrieve information using various computer systems. Smart cards consist of central processing units and memory units. Smart cards primarily act as a cost-effective way to store, manage, and maintain credentials for their users. This makes these products highly convenient for different applications. In addition, the portability of smart cards enables their extensive adoption across different applications. Currently, smart cards are widely used across sectors such as telecommunications, BFSI, and government. Due to the numerous advantages they offer, smart cards are increasingly used in the healthcare, government IDs (e-passports), and retail sectors. Thus, strong ongoing adoption of smart cards across different sectors is estimated to substantially spur the market’s growth in the coming years.

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The research study titled “Smart Cards Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 - 2023” provides in-depth analysis of the market and related sub-segments. The report strategically focuses on market segments including different types of smart cards and components. In addition, this report provides market insights and forecasts of the size and growth of each segment across each of the geographic regions. The report includes detailed analysis of prevalent market trends and profiles of key players. In order to provide better understanding of competition in the market, the report offers ecosystem analysis and competitive landscape. The study on the global smart cards market has been conducted with the objective of providing thorough coverage of the underlying technological and socio-economic factors driving the market.

The smart cards market is expected to see consistent growth in the coming years due to the increasing demand for secure and reliable payment transactions across the retail and BFSI sectors. Moreover, cost-saving schemes for merchants from payments brands such as Visa, MasterCard, and Europay is driving the smart card technology innovations. The decreasing prices of subscriber identification module (SIM) cards and tariff rates are increasing the number of mobile subscribers, and thus further contributing to the growth of the smart cards market. However, factors such as price pressures and technological challenges along with the cost of migrating to smartcard compatible readers affect the adoption of smartcards. Conversely, technological advancements, falling prices, and the introduction of high-end SIMs offer potential opportunities for the growth of the smart cards market.

This report studies the current scenario as well as the future market potential for smart cards globally. The market for smart cards has been segmented based on three major parameters: card type, components, and geography. The major types of smart cards used are contact smart cards, contactless smart cards, hybrid smart cards, and dual-interface smart cards. On the basis of components, the smart cards market is segmented into microcontroller-based smart cards and memory-based smart cards. The demand for microcontroller-based smart cards is significantly high owing to the wide adoption of such cards for contactless and dual-interface smart cards. The market size and forecast, in terms of revenue and volume (US$ Mn & Mn units), for each of these segments has been provided for the period from 2013 to 2023, considering 2013 and 2014 as the base years. For 2015, report provides actual data for the first half and estimate for the second half. Also, the report provides market size and forecast in terms of volume (Mn Units) for various segments for the above mentioned period. The report also provides the compounded annual growth rate (CAGR) for each segment of the market for the forecast period 2016 to 2023.

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Global Smart Parking Systems Market Expanding at 20.2% CAGR from 2015-2022, Driven by High Demand in Developed Countries

Smart parking system provides real-time information about the availability of parking space in a particular location, thereby enabling hassle-free vehicle parking while saving on time, cost, and fuel. It consists of low-cost sensors, real-time data collection and analytics, and automated payment systems that allow people to find parking in desired locations and pay for it in advance. Once deployed, the smart parking system helps in reducing exhaust emissions from cars in urban cities by reducing the needless circling of city blocks in the search of parking space. It also efficiently manages the availability of parking space for cities and controls illegal parking. The rapid growth in the number of vehicles worldwide is increasing the scarcity of parking space, which is further magnifying the need for smart and innovative parking systems. Whether at airports or shopping centers, parking issues are a regular occurrence, in turn hurting the local business and affecting the quality of life of the city residents.

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These intelligent parking management systems provide high levels of convenience to the drivers while simplifying and automating the parking site operations. Deploying smart parking systems in cities requires data collection and management, integration with mobile phones, and various software and hardware innovations. Furthermore, there is a need for cooperation among various parking stakeholders such as off and on-street parking operators, transport authorities, municipalities, as well as customers. The smart parking market is growing significantly with numerous advanced solutions being adopted by major global cities such as Los Angeles, San Francisco, Stockholm, Shanghai, Beijing, and Sao Paulo. In the long run, smart parking can significantly transform these and other cities by making them friendlier to citizens. Smart parking systems are expected to open up opportunities for the reuse of commercial as well as municipal parking garages Hence, smart parking systems contribute toward making urban cities cleaner, greener, compact, and thereby more freely walkable and drivable.

This research report provides in-depth analysis of the global smart parking systems market based on parking site types, components, application areas, and geography. In terms of geographical regions, the report segments the global smart parking systems market into North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and Latin America; these are analyzed in terms of revenue generation. North America is further segmented into the U.S. and Rest of North America, while Europe is divided into EU7, CIS, and Rest of Europe. Moreover, the analysis for Asia Pacific is subdivided into Japan, China, South Asia, Australasia, and Rest of Asia Pacific. Likewise, MEA is further segmented into GCC countries, South Africa, and Rest of MEA, while Latin America is subdivided into Brazil and Rest of Latin America.

The report analyzes the factors that drive and restrain the growth of the smart parking systems market. The report also identifies prospective growth opportunities, prevailing market trends, and major strategies enhancing the popularity of smart parking systems. It also provides market estimates and forecasts for all the segments in terms of revenue. The global smart parking systems market is categorized based on parking site types as on-street parking and off-street parking. The market is also segmented on the basis of components that include sensor and network hardware, software, and services. The report further subdivides the smart parking services market into system integration and installation, parking management, and maintenance. This research report provides complete insight into different application areas of the smart parking systems market including airports, government and municipalities, and corporate and commercial institutions. The report also includes profiles of major players engaged in providing these smart parking systems. Key business strategies adopted by the major players, their market positioning, and various recent developments have also been identified in the research report. Besides, market positioning of key players in the smart parking systems market has also been provided. The major players in the smart parking systems market include Streetline, Inc., Cisco Systems, Inc., ParkMe, Inc., Urbiotica, Skidata AG, Amano McGann, Inc., Swarco AG, Smart Parking Ltd, Nedap N.V., and Parkmobile, LLC.

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Spent Nuclear Fuel (SNF) Dry Storage Casks market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

A surge of shutdowns may be observed in the future for most of the ageing nuclear reactors in the world. These reactors which have supplied power to millions of homes in the past have always faced hurdles in terms of public acceptance. With most nuclear plant owners unwilling to dish out extra millions for renovation of their old plants, gradual shutdowns are imminent. With the Fukishima disaster in Japan involving an old boiling water reactor built in the 70’s, the public sentiment towards the old nuclear plants is likely to deteriorate. The major issue closely linked with decommissioning these old nuclear power plants is the efficient and safe disposal of nuclear waste. Decommissioning costs of nuclear plants are extremely high, going up to nearly a billion dollars for larger plants. Efficient storage of nuclear waste will occupy a majority portion of these costs. Radioactive half life of wastes ranges up to 16 million years while they remain hazardous for much longer. Storage of such nuclear spent fuel (NSF) will ultimately spark the demand for dry storage casks.

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Dry storage casks are generally the most viable method of storing high level nuclear waste which has been cooled down to manageable levels. Cooling of spent fuel requires over a year and sometimes nearly 8 years bringing down to manageable temperatures. Concrete or steel are the major materials used for making these casks, which are able to withstand the harshest of temperature and weather conditions without damage. Not only do inert gases surround and insulate the spent fuel rods in these containers, concrete layers are also present to provide additional radiation shielding to waste handling personnel.

These NSF dry storage casks should be transportable as well, a feature which is incorporated into them during manufacturing. With a majority of the old nuclear power reactors going for decommissioning, thus approaching their wet pool storage limit for NSF, dry cask demand is likely to increase significantly in the future.

The market for these NSF dry cask storages is likely to be driven by certain countries. Japan with its decision to decommission existing nuclear reactors and move towards a renewable oriented generation mix can be a potential market. While other countries have not decided yet to walk on Japan’s path, long lasting effects of the Fukishima disaster are imminent. Decommissioning of old reactors might be the general public and regulatory sentiment in many countries, to be replaced by newer and more efficient power plants. A major requirement of such dry storage casks may be observed from the North American region, with both the U.S. and Canada deciding to shut down and replace a number of their old reactors.

In the European market, Germany and Russia are likely to be strong demand drivers for such dry storage casks. Strong R&D is likely to be required by the manufacturers of these casks to ensure leak free storage of such wastes in nuclear storage repositories. As the requirement for newer and safer repositories increase to dispose of the nuclear wastes, quality improvements in the casks will become necessary. Major emerging markets are likely to be observed in the North American and Asia Pacific regions. Some of the market players involved in the business of manufacturing SNF dry storage casks are Skoda JS A.S., NAC International, Holtec International and Areva among others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World

This report provides comprehensive analysis of
Market growth drivers Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamicsIt provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments

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Stationary Fuel Cells: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020

Research announces that it has published a new study Stationary Fuel Cell Market Shares, Strategy, and Forecasts, Worldwide, 2014 to 2020. The 2014 study has 603 pages, 258 tables and figures. Worldwide markets are poised to achieve significant growth as the Stationary Fuel Cells used to provide distributed power for campus environments achieve better technology and economies of scale. They have achieved grid parity in many cases. They improve and lower energy costs. They threaten to erode utility profitability.

Stationary Fuel Cells are on the cusp of becoming commercially viable, creating companies that are profitable and produce electricity at or below parity with the grid giving every user alternatives to the grid. Bloom Energy has solved the SOFC engineering challenges. Breakthroughs in materials science, and revolutionary designs give Bloom SOFC technology a cost effective, all-electric solution.

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Vendors have solved the SOFC conundrum, developing new materials that make units affordable and provide energy device economies of scale and support for wind and solar renewable energy sources.

Stationary fuel cells represent the base for distributed power generation worldwide. No more new coal plants, no mare extensions to the grid. Distributed power has become mainstream. Distributed generation (DG) refers to power generation at the point of consumption.

Generating power on-site, rather than centrally, eliminates the cost, complexity, interdependencies, and inefficiencies associated with energy transmission and distribution. Distributed energy is evolving in a manner like distributed PC and laptop computing, cars for transportation, and smart phones. As distributed Internet data and telephony have found a place in the market, so also will distributed energy generation become widespread. Distributed power shifts energy generation control to the consumer much to the consternation of the existing utility companies.

Renewable energy is intermittent and needs stationary fuel cells for renewables to achieve mainstream adoption as a stable power source. Wind and solar power cannot be stored except by using the energy derived from these sources to make hydrogen that can be stored. Stationary fuel cells are likely to function as a battery in the long term, creating a way to use hydrogen that is manufactured from the renewable energy sources. It is likely that the wind and tide energy will be transported as electricity to a location where the hydrogen can be manufactured. It is far easier to transport electricity than to transport hydrogen. Hydrogen servers as an energy storage mechanism.

Stationary fuel cell markets need government sponsorship. As government funding shifts from huge military obligations, sustainable energy policy becomes a compelling investment model for government.

Stationary fuel cell markets at $1.2 billion in 2013 are projected to increase to $14.3 billion in 2020. Growth is anticipated to be based on demand for distributed power generation that uses natural gas. Systems provide clean energy that is good for the environment. Growth is based on global demand and will shift from simple growth to rapid growth measured as a penetration analysis as markets move beyond the early adopter stage. The big box retailers including many, led by Walmart, the data centers, and companies like Verizon are early adopters.

Eventually hydrogen will be used as fuel in the same stationary fuel cell devices. The hydrogen is manufactured from solar farms. Stationary fuel cells have become more feasible as the industry is able to move beyond platinum catalysts.

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Strategic Assessment of Worldwide Data Center Construction Market - Forecast Till 2021

Data center construction is the process of housing computer systems along with associated components that includes storage systems, racks and telecommunication equipment. Data centers ranges from small servers to robust large industrial scale equipment.

The data centers require constant high power supplies, 24/7 cooling systems, fire suppression systems for the security of the environment, and a well-protected area for the physical security. Due to this most of the organizations prefer to construct data centers in low-cost locations where power consumption and cost associated with electricity is cheaper.

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Table of Contents
Section 1 Research Methodology
Section 2 Executive Summary
Section 3 Report Coverage3.1 Report assumption
3.2 Market derivation

Section 4 Market Landscape4.1 Data growth
4.2 Current data center construction market scenario
4.2.1 Data center design considerations
4.3 Future changes in data center

Section 5 Key Market Trends
Section 6 Key Market Growth Drivers
Section 7 Key Market Restraints
Section 8 Worldwide Data Center Construction Market8.1 Market size and forecast
8.2 Major upcoming datacenter projects by cloud service providers and internet service providers
8.3 Average cost of construction per square feet

Section 9 Data Center Site Selection Criteria and their Importance
Section 10 North America Data Center Construction Market10.1 Market size and forecast
10.2 Site preference of global data center owners in North America
10.3 Market segmentation by tier standardization
10.4 Market segmentation by types of construction
10.5 US Market for data center construction
10.5.1 Market size and forecast

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Strategic Assessment of Worldwide Graphene Composites Market - Forecast Till 2021

Graphene Composites – Report Insight

Strategic Assessment of Worldwide Graphene Composites market research report covers the present scenario and the growth prospects of the Graphene Composites Market till 2021. This market research report includes a detailed market segmentation of the Graphene Composites Market by product type (Graphene oxide, graphene film and graphene nanoplatelets), and by application (Paints and coatings, Energy storage, Electronics and Semiconductors, Photovoltaics, Healthcare and Filtration). This market research report also gives a detailed view of the market across the geographic regions, namely APAC, EMEA, North America and South America. The market research report also profiles the key vendors operating in the Global Graphene Composites Market and also provides the detailed competitive landscape of key players.

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This report categorizes the graphene composites market on the basis of production methods, product type, application, and geography

Market segmentation by production method

Exfoliation
CVD

Market segmentation by product type
Graphene oxide
Graphene film
Graphene nanoplatelets

Market segmentation by application
Paints and coatings
Energy storage

Electronics and semiconductors
Photovoltaics
Healthcare
Filtration

Market segmentation by geography

APAC
EMEA
North America
South America

Graphene Compostes – Market Size and Dynamics
Graphene and its derivatives such as graphene oxide, chlorographene, and nanoplatelets are widely being used in the manufacture of composite materials with matrix usually being either polymer or ceramics. Market research analysts at Beige Market Intelligence, expect the Global Graphene Composites Market to reach approx. US$89 million by 2021.

The Graphene Composites market has been segmented on the basis of product. The graphene oxide segment is expected to grow at a CAGR of around 20% between 2016 and 2021. Approximately 113 MT of graphene film is expected to be consumed in 2021. The APAC region accounts for the largest share of consumption of graphene composites as of 2015.

Graphene Composites – Drivers and Trends
This market research report provides market overview of the factors driving and restraining the growth of the market. The report also outlines the key trends emerging in the market that will contribute to the growth of the Global Graphene Composites market during the forecast period. The introduction of federal incentives is a key factor that will help this market to grow during the forecast period. The current lack of scalability in the production of graphene is something that is affecting the market adversely today. The market research report also provides the Porter’s five forces analysis along with a description of each of the forces and its impact on the market.

Graphene Composites – Key Vendors
This market research report profiles the major companies in the Graphene Composites Market and also provides the competitive landscape of key players. Within the report covers the entire market outlook regarding the value chain operating within the market. The major players in the market include Angstron Materials, Grafoid, Graphenea, Haydale Graphene Industries and XG Sciences .

Other prominent vendors in the market include 2D Carbon Tech, Applied Graphene Materials, BGT Materials Limited, CVD Equipment Corporation, Deyang Carbonene Tech, Directa Plus, Graphene Nanochem, Group NanoXplore, Ningbo Morsh, Power Booster, The Sixth Element, Vorbeck, and Wuxi Graphene Film.

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Substation Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Substation automation is an integral part of electrical system for generation, transmission and distribution of electricity. The combination of devices used to change the characteristics of electric supply such as voltage, p.f. and frequency among others is called substation. Substations are used to receive electricity at high voltage from the transmission and decrease the voltage to the appropriate level so that it can be used for local distribution. The build metrics and impact metrics are the major parameters used to determine the efficiency of an automated substation. Impact metrics determine the impact on the grid response and its associated human resource, infrastructure and the consumers after deployment of smart grid. Build metrics monitors the progress while building the smart grid infrastructure and is similar to project management type metrics. On the basis of the components substation automation market can be segmented into recloser controller, programmable logic controller, capacitor bank controller, digital transducer/smart meter, load tap controller, communication channel and digital relays among others.

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The communication channel includes four segments which includes ethernet, powerline communication, copper wire communication and optical fiber communication among others. SCADA (supervisory control and data acquisition), intelligent electronic devices (IED) and communication network among others are the segments of substation automation on the basis of modules. The demand to improve the grid efficiency and reliability is one of the major factors driving the growth of substation automation market.

Apart from this, the increased need to reduce transmission and distribution loss is also fuelling the growth of substation automation market. In addition, the need to reduce outrage time by real time monitoring of faults and using automated systems to resume services is also boosting the growth of substation automation market. North America is the largest market for substation automation as this region is having large number of automated substations. Moreover, the increasing demand for electricity and increasing number of smart grids is also fuelling the growth in this region. Asia Pacific is emerging market for substation automation and is expected to grow at the fastest rate among all regions. The rapid industrialization and upcoming power utilities are the major factors boosting the growth in this region. Apart from this, cost saving opportunities provided by the application of automated substations is also fuelling the growth of substation automation market. India and China are the major markets supporting the growth in this region. The RoW region includes Africa, Middle East and Latin America. The increasing number demand for electricity in Middle East region and Africa is boosting the growth in this region. Middle East holds the major market for substation automation in this region. The substation automation market is expected to grow at a steady rate in the coming years growing at a CAGR of 5.4% from 2014 to 2020.

This report provides strategic analysis of the global substation automation market, and the market growth forecast for the period 2014 to 2020. The span of the report includes competitive analysis of various market segments based on the components, module and in-depth cross sectional analysis of the substation automation market across different geographic segments. To support strategic decision making, the report also includes profiling of leading players in the industry, their market share and various strategies adopted by them. The Porter’s Five Forces analysis and market attractiveness analysis included in the report provide insight into market dynamics and industry competition.

The report also provides review of various factors affecting the market growth, which are appropriately described as market drivers, restraints, and opportunities. These factors establish various current trends and their impact on market size. Overall, the report takes into account a complete analysis of the global substation automation market, and provides an estimated growth for the period 2014 to 2020, taking into account the various factors affecting the market.

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