Energy Management Systems Market to Account for US$35.92 bn in Revenue by 2024

This research study analyzes the energy management systems market in terms of revenue (US$ Mn). The energy management systems market has been segmented on the basis of component, application, and geography. The regional segment has been further divided into 15 sub-segments that comprise 11 countries which are major players in the global energy management systems market. For the research, 2014 has been taken as the base year while all forecasts have been given for the 2015–2024 period. Market data for all the segments has been provided at the regional as well as country-specific level for the 2014–2024 period. The report provides a broad competitive analysis of companies engaged in energy management systems manufacturing and installation business.

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The report also includes the key market dynamics such as drivers, restraints, and opportunities affecting the global energy management systems market. These market dynamics were analyzed in detail and are illustrated in the report with the help of supporting graphs and tables. The report also provides a comprehensive analysis of the global energy management systems market with the help of Porter’s Five Forces model. This analysis helps in understanding the five major forces that affect the market structure and profitability of the global energy management systems market. The forces analyzed are the bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition.

The report provides detailed insights into the energy management systems business globally. There are currently numerous drivers for the energy management systems market. One of the most prominent drivers is the stringent norms and regulations to reduce carbon footprints globally, mandating higher investments in energy management systems based solutions. Apart from this, energy management systems enables organizations to increase efficiency and reduce operational costs. Market attractiveness analysis was carried out for the energy management systems market on the basis of geography. Market attractiveness was estimated on the basis of common parameters that directly impact the market in different regions.

The scope of energy management systems is vast and extends from heating, ventilation, air conditioning and infrastructure to supply chain. Growth potential for the energy management systems market is provided by these energy consumption avenues. With the development of software, and equipment technologies, the market for energy management systems is expected to expand substantially. Growth in the market for energy management systems can be attributed to higher focus on increasing energy efficiency and achieving operational targets at low costs. The market has received further impetus from rising environmental concerns to reduce carbon footprints. Energy management systems eco system is evolving with availability of several technologies and solutions, however, users of energy management systems have been selective in terms of implementation. Regulations related to energy consumption and environment concerns are shaping the next wave of the energy management systems. These regulations would have a significant impact on the energy management systems market in terms of implementing energy management plan as a part of a company’s sustainability strategy.

The energy management systems market is segmented in terms of component, application and geography. By component the energy management systems market is segmented into hardware components, software, communication networks, control system and sensors and other equipment. By application the market is segmented into industrial, building and home. The energy management systems market was analyzed across five geographies: North America, South & Central America, Europe, Asia Pacific, and Middle East & Africa. North America, held the largest market share followed by Europe in 2014. Rise in awareness about the benefits of energy management systems coupled with huge investments in energy management systems solutions is the primary driver for the energy management systems market in North America. South & Central America and Middle East & Africa have experienced sluggish growth in the year 2014.

Regional data has been provided for each sub-segment of the energy management systems market. Key market participants in the energy management systems market include Emerson Process Management, Eaton Corporation Plc, General Electric Company, Honeywell International, Inc., Johnson Controls, Inc., Mitsubishi Electric Automation, Pacific Controls, Rockwell Automation, Inc., Schneider Electric SE and Siemens AG.

Energy Management Systems Market: By Component
Hardware Component
Software
Communications Networks
Control System
Sensors and Equipment

Energy Management Systems Market: By Application
Industrial
Building
Home

Energy Management Systems Market: By Region
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Rest of Europe
Asia Pacific
Japan & South Korea
China
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
A.E.
Rest of Middle East & Africa
South & Central America
Brazil
Argentina
Rest of South & Central America

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Asia Pacific Controlled Release Fertilizers Market to Account for US$2.10 bn by 2023

Controlled release fertilizers are a part of enhanced efficiency fertilizers. They are granulated fertilizers that release nutrients gradually into the soil. Controlled release fertilizers are usually coated or encapsulated with inorganic or organic materials that regulate the rate, pattern, and duration of plant nutrient release. Common polymer materials used for coating are polysulfone (PSF), cellulose acetate (CA), and polyacrylonitrile (PAN). Most controlled release fertilizers are used in agriculture and horticulture applications. Controlled release fertilizers are employed in the cultivation of cereals & grains, oilseeds & pulses, and fruits & vegetables. Furthermore, they are used in the cultivation of turfs, lawns, and ornamental plants.

This study analyzes, estimates, and forecasts the controlled release fertilizers market in Asia Pacific in terms of volume (tons) and revenue (US$ thousand) from 2014 to 2023. Market numbers given in the report describe the demand for controlled release fertilizers in Asia Pacific, but not production or supply. The controlled release fertilizers report also analyzes several driving and restraining factors and their impact on the market during the forecast period.

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The report provides detailed analysis of the controlled release fertilizers by key products and applications. It segments the market into key products that include polymer sulfur coated urea/sulfur coated urea, polymer coated urea, polymer coated NPK fertilizer, and others (including coated micronutrients). It further segments the market into the following key applications: cereals & grains, oilseeds & pulses, fruits & vegetables, and others (turf, ornamental plants, etc.). The report also segments the market based on major countries into China, India, Japan, Australia, Korea, Indonesia, Pakistan, Malaysia, Thailand, the Philippines, Vietnam, Myanmar and Cambodia. It further provides volume and revenue for each application segment for each country. This includes 13 unique country-specific analysis.

Based on the application and country, the report analyzes the attractiveness of each segment and country with the help of an attractiveness tool. The study includes value chain analysis, which provides a better understanding of key players in the supply chain from raw material manufacturers to end-users. Additionally, the study analyzes market competition through Porter’s Five Forces Analysis.

The report includes an overview of the market share of key companies in the controlled release fertilizers market in Asia Pacific. Market share of companies has been derived on the basis of production by manufacturers of controlled release fertilizers. Key market players profiled in the study include Shikefeng Chemical Industry, ATS Group, AgroBridge (Malaysia), Greenfeed Agro Sdn Bhd, Haifa Chemicals Ltd, Nufarm Ltd, HIF TECH SDN. BHD, Eurochem Agro Gmbh, Compo GMBH & Co. KG, Kingenta Ecological Engineering Group Co., Ltd, and Central Glass Co Ltd. Profiles of key participants comprise important parameters such as company overview, financial overview, business strategy, and recent developments.

Primary research represents the majority of our research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of technical writing, recent trade, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and fruitful approach for procuring precise market data, recognizing business opportunities, and understanding industry participants’ perceptions.

Secondary research sources that are typically referred to include broker reports, corporation websites, external patented databases, financial reports, stockholder presentations, Securities & Exchange Commission filings, proprietary databases and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market. Secondary sources referred for this study include Chemical Week Magazine, ICIS Chemical Business Magazine, Hoover’s, Factiva, and company presentations.

The report segments the controlled release fertilizers market in Asia Pacific as follows:

Controlled Release Fertilizers Market - Product Analysis

Polymer sulfur coated urea/sulfur coated urea
Polymer coated urea
Polymer coated NPK fertilizer
Others (including coated micronutrients, etc.)

Controlled Release Fertilizers Market - Application Analysis
Cereals & grains
Oilseeds & pulses
Fruits & vegetables
Others (including turf, ornamental plants, etc.) 

Controlled Release Fertilizers Market - Country Analysis
China
India
Japan
Australia
Korea
Indonesia
Pakistan
Malaysia
Thailand
Philippines
Vietnam
Myanmar
Cambodia
Rest of Asia Pacific

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Disposable Gloves Market: Increasing Preference for Nitrile Gloves over Natural Rubber Gloves taking Market to US$7.8 bn by 2019

Disposable gloves are single-use gloves that reduce the risk of germ dissemination to the environment and from infected patient to a health care worker and vice versa. Disposable gloves are largely used for medical applications; however, demand for these gloves has risen in the non-medical applications such as food & beverage recently. Natural rubber latex gloves are the most prominent product type in the disposable gloves market; however, demand is expected to decline from 2015 to 2023 due to increasing instances of latex allergy. Nitrile disposable gloves have gained significant importance in various applications owing to better puncture resistance. It is considered to be an ideal substitute for natural rubber latex gloves.

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Steady demand for disposable gloves in the health care industry and rising application of gloves in the non-medical sector, such as food & beverage, are driving the disposable gloves market in the U.K. However, decline in demand for natural rubber latex disposable gloves is expected to hinder market growth. Adoption of synthetic disposable gloves is expected to boost the growth of the disposable gloves market in the U.K.

This report estimates and forecasts the disposable gloves market in the U.K. The study provides forecast from 2015 to 2023 based on volume (Billion Pieces) and revenue (US$ Mn).

The study includes market estimate for disposable gloves in the U.K. The study also provides a comprehensive view of the disposable gloves market by dividing it into applications such as medical and non-medical. Non-medical application has been further divided into various sub-segments such as food & beverage, cleanroom, industrial, and others. These application segments have been analyzed based on historic, present, and future trends, and the market has been estimated from 2015 to 2023 in terms of volume (Billion Pieces) and revenue (US$ Mn). The disposable gloves market has been further categorized into various product segments such as natural rubber latex gloves, nitrile gloves, vinyl gloves, and others. A detailed market segmentation further includes demand for above-mentioned products and applications in the U.K.

The report includes a detailed value chain analysis, which provides a comprehensive view of the market. This section of the report provides detailed information about value addition at each stage of the value chain in the disposable gloves market in the U.K. The report comprises drivers and restraints for the disposable gloves market along with their support data during the forecast period. Additionally, the report comprises a study of opportunities in the disposable gloves market in the U.K. from 2015 to 2023.

The report also includes Porter’s Five Forces Model to measure the degree of competition in the disposable gloves market in the U.K. The study includes a separate section of qualitative write-up on market attractiveness analysis, wherein product segments are analyzed. The report also provides competitive landscape, which includes market share of key industry players operating in the disposable gloves market on a global level. A qualitative analysis on the National Health Service (NHS), a publicly funded health care system in the U.K., is also included in the report. Additionally, a comprehensive list of companies providing disposable gloves to the health care industry is incorporated in the study.

Furthermore, the report also provides a price trend analysis for disposable gloves from 2015 to 2023 in US$ per box.

Secondary research sources that were typically referred to included, but were not limited to company annual reports, company websites, broker report, investor presentations, SEC filings, and financial reports. Other sources such as internal and external proprietary paid and free access databases, news articles, statistical databases, national government documents, and white papers, market reports, webcasts, and podcasts specific to companies operating in the market have also been referred for the report.

In-depth interviews and discussions with a wide range of key industry participants and opinion leaders were conducted to compile this research study. Primary research represents bulk of the research efforts, supplemented by extensive secondary research. Primary research further aided the analysis by rendering a view on current and upcoming trends in the U.K. disposable gloves market.

Key players operating in the disposable gloves market in the U.K. profiled in the study include Unigloves, BM Polyco Ltd., Barber Healthcare Limited, Paul Hartmann AG, Ansell, Robinson Healthcare, Aurelia Gloves, Davis Schottlander & Davis Ltd., HPC Healthline, Shermond, Fannin, Medline Industries, Inc., Medicare Products Ltd., and Halyard Health, Inc. Company profiles include attributes such as company overview (headcount, headquarters, and stock listing), brand overview, key competitors, business overview, business strategies, recent/key developments and acquisitions, and financial overview.

The disposable gloves market in the U.K. has been segmented as follows:

U.K. Disposable Gloves Market – Product Segment Analysis

Natural Rubber Latex Gloves
Nitrile Gloves
Vinyl Gloves
Others (including neoprene, polyethylene, polychloroprene, etc.)

U.K. Disposable Gloves Market – Application Analysis
Medical
Non-medical
Food & Beverage
Cleanroom
Industrial
Others (including tattoo artists, home and garden, etc.)

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North America Oxygen Therapy Devices Market Expected to Reach US$1.58 bn by 2023

This report on the North America oxygen therapy devices market studies the current and future prospects of the market. North America oxygen therapy devices market is segmented on the basis of products and application. On the basis of products the oxygen therapy devices market is segmented into oxygen source equipment and oxygen delivery devices. Rise in COPD and asthma cases and significant technological advancements in the field of respiratory devices have triggered the growth of the oxygen therapy devices market. Additionally, high risk of lung damage due to tobacco consumption, pollution, and occupational hazards across the globe is anticipated to augment the market during the forecast period. Moreover, easy-to-use and portable devices are likely to boost the growth of the market.

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The North America oxygen therapy devices market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments and sub-segments of the market. It also provides information and data analysis of the North America oxygen therapy devices market with respect to market segments based on the product type, application and geographic analysis.

Based on product type, the North America oxygen therapy devices market has been segmented into two major categories: oxygen source equipment and oxygen delivery devices. The oxygen source equipment segment is further categorized into oxygen cylinders, oxygen concentrators and liquid oxygen devices. Moreover, the oxygen delivery devices segment has been sub-segmented into simple oxygen mask, nasal cannula, Venturi mask, non-rebreather mask, bag valve mask, and CPAP mask. On the basis of application, the market is segmented into chronic obstructive pulmonary disease, asthma, obstructive sleep apnea, respiratory distress syndrome, cystic fibrosis and pneumonia. Demand for oxygen delivery devices is likely to increase due to rising incidence of COPD among the geriatric population and advancement of novel therapeutic devices for oxygen therapy. The market segments have been extensively analyzed based on usefulness, efficacy, revenue, and geographical coverage. The market size and forecast in terms of US$ Mn for each segment has been provided for the period from 2013 to 2023. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2015 to 2023, considering 2014 as the base year.

Geographically, the North America oxygen therapy devices market has been segmented into two countries: the United States and Canada. The market size and forecast for each of these countries has been provided for the period from 2013 to 2023, along with their respective CAGRs for the forecast period from 2015 to 2023, considering 2014 as the base year. The research study also covers the competitive scenario in these regions. A detailed qualitative analysis of factors responsible for driving and restraining the growth of the market and future opportunities has been provided in the market overview section. This section of the report also provides market attractiveness analysis, Porter’s Five Forces analysis, and market share analysis by key players, thus presenting a thorough analysis of the overall competitive scenario in the North America oxygen therapy devices market.

A list of recommendations has been provided for new entrants as well as existing market players to assist them in taking strategic initiatives to establish a strong presence in the market. The report also profiles major players in the North America oxygen therapy devices market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major players profiled in this report include CareFusion Corporation, DeVilbiss Healthcare, LLC, Fisher & Paykel Healthcare Limited, MAQUET Holding B.V. & Co. KG, Smiths Medical, Teleflex Incorporated, Invacare Corporation, Philips Respironics, Inc., and AirSep Corporation

North America oxygen therapy devices market is segmented as follows:

North America Oxygen Therapy Devices Market, by Product Type

Oxygen Source Equipment
Oxygen Cylinders
Oxygen Concentrators
Liquid Oxygen Devices
Oxygen Delivery Devices
Simple Oxygen Mask
Nasal Cannula
Venturi Mask
Non-rebreather Mask
Bag Valve mask
CPAP Mask

North America Oxygen Therapy Devices Market, by Applications
Chronic Obstructive Pulmonary Disease (COPD)
Asthma
Obstructive Sleep Apnea
Respiratory Distress Syndrome (RDS)
Cystic Fibrosis
Pneumonia

North America Oxygen Therapy Devices Market, by Geography
United States
Canada

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Teleradiology Market Expected to Reach US$ 3.6 Bn Globally in 2023

This report provides comprehensive analysis of the teleradiology market in Western Europe considering various factors such as number of radiologists in the country, advancement in technologies such as cloud computing, PACS, and RIS systems, and demand for advanced teleradiology services. The report studies the teleradiology market based on type of modality and countries in Western Europe.

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Teleradiology is transmission of radiology images from one location to another for emergency services and second opinion from an expert. It is also a cost saving option. Hence, demand for teleradiology is likely to increase during the forecast period from 2015 to 2023 in Western Europe. Based on modality, the teleradiology market in Western Europe has been segmented into X-ray, ultrasound, computed tomography (CT), magnetic resonance imaging (MRI), and nuclear imaging. Furthermore, based on country, the market in Western Europe has been segmented into six major regions: the U.K., Germany, Spain, the Netherlands, Italy, and Rest of Western Europe. These countries play an important role in Western Europe and in the overall teleradiology market in Europe.

Market size for each of the segments and sub-segments mentioned above is provided in US$ Mn, considering 2013 and 2014 as base years and forecast from 2015 to 2023. The forecast model considers various factors such as number of modality procedures conducted in Western Europe, health care expenditure of country, advantages, and disadvantages of individual modality segment, penetration of teleradiology services in a country, acceptance of advanced teleradiology technologies such as PACS, RIS in the country, and government regulations of the country for intra-country and cross-border teleradiology. The research methodology is a blend of primary as well as secondary market research, where market estimates based on desk research are further refined considering inputs from expert interviews.

This report on the teleradiology market in Western Europe also provides qualitative information on major players in the market and current trends in the teleradiology market in Western Europe. It also includes details on existing regulatory policies for intra-country and cross-border teleradiology services in major countries. Major factors driving and restraining the growth of the teleradiology market in Western Europe are reviewed in the report, while opportunities from future perspective are also analyzed. Furthermore, Porter’s Five Forces Analysis provided in this report describes the competitiveness in the market in terms of bargaining power of service suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants in the teleradiology market, and competitive rivalry in Western Europe. Market attractiveness analysis by country provides information on most attractive countries for teleradiology in Western Europe.

Finally, the report profiles major players in the teleradiology market in Western Europe including Agfa-Gevaert N.V., Cybernet Medical Corporation, ONRAD, Inc., Sectra AB, Telemedicine Clinic, and Global Diagnostics Limited. Each of the companies is profiled for parameters such as company overview, financial overview, product portfolio, business strategies, and recent developments in the market, which will in due course help to take strategic decisions with respect to the teleradiology market in Western Europe. The report on the “Western Europe teleradiology market” estimation and forecast comprises 70 slides.

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Personal Protective Equipment Market to Reach US$55,509.1 Million by 2020, Driven by Rapid Industrialization

Personal protective equipment products are inclusive of eye and face protection, head protection, hearing protection, respiratory protection, fall protection, professional footwear among others. Personal protective equipments also find application across several end use industries such as construction, manufacturing, oil and gas, chemicals, food, healthcare and several others. The demand for personal protective equipments in Saudi Arabia looks promising as it is one of the prime regions in the Middle East where the future of the personal protective equipment market looks promising.

Factors such as the increasing awareness for workers safety is the major reason fuelling the demand for the personal protective equipments market in Saudi Arabia. Accidents taking place in workplaces have paved the way for the influx of personal protective equipment. People working in the field of oil and gas, chemicals, construction, manufacturing require proper safety, thereby pushing the demand for personal protective equipments. Further, the Saudi Arabia is the prime locale for the oil and gas sector constituting for more than 40% of the total personal protective equipment market in Saudi Arabia. Additionally, approval for the usage of personal protective equipment by the regulating bodies on account of the increasing incidents of workplace accidents is also fuelling the demand for the personal protective equipment market.

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Increasing demand for advanced technology is one of the major factors that is inhibiting the growth of the personal protective equipment market in Saudi Arabia. The demand for automation in industries such as manufacturing, automotive, pharmaceutical among others has reduced the need for human employees as automated systems guarantee a better output. This factor is a major restraining factor for the personal protective equipment market in Saudi Arabia.

Untapped market in the Northern and Southern Province is expected to pose as a suitable opportunity for the growth of the personal protective equipments market. These regions are currently untapped as the number of end use industries requiring the usage of personal protective equipments are smaller compared to the other regions. Owing to this reason, these provinces offer several expansion opportunities for this market due to expected significant rise in the demand for the personal protective equipment market in Saudi Arabia.

The professional footwear segment held the largest market share accounting for more than 25% of the total personal protective equipment market in Saudi Arabia. The high market share is mainly attributed to the increasing demand for the same in the oil and gas sector. The oil and gas sector dominated the personal protective equipment market in Saudi Arabia constituting for more than 40% of the total personal protective equipment market in Saudi Arabia. Personal protective equipment is used in the oil and gas sector to provide safety to the people working in refineries and oil rigs. Supportive measures taken by Occupational Safety and Health Administration (OSHA) for the usage of personal protective equipments in the oil and gas sector owing to the rising incidents of workplace accidents taking place in that sector is another major factor fuelling the demand for the personal protective equipment market in the oil and gas sector.

The Eastern province dominated the personal protective equipment market in Saudi Arabia accounting for more than 50% of the total market. This province is the largest province in Saudi Arabia and it is inclusive of 11 boroughs and is home to Saudi Arabia’s oil and gas production. Major companies operating in the oil and gas sector such as Saudi Aramco, Nama Chemicals and others are based in the Eastern Province. Further, the other end use industries such as manufacturing, construction among others that require the usage of personal protective equipments have significant presence in the Eastern Province.

The personal protective equipment in Saudi Arabia is marked by some intense competition from the major players operating in this market. Extensive research and development activities leading the innovation of new products, frequent mergers and acquisitions and partnerships are some of the major strategies adopted by these players to maintain their stronghold in the personal protective equipment market. 3M Corporation, Honeywell Safety, Avon Rubber plc, Ansell Ltd., MSA Safety, E.I. DuPont de Nemours are some of the major players operating in the personal protective equipment market in Saudi Arabia.

The report has been segmented by product type, application type, and region and it includes drivers, restraints and opportunities (DRO’s), supply chain analysis of the personal protective equipment market. The study highlights current market trends and provides forecast from 2015 to 2021. We have featured the current market scenario for the Saudi Arabia personal protective equipment market and identified future trends that will impact demand for personal protective equipment during the forecast period.

The Saudi Arabia personal protective equipment market has been segmented on the basis of product type into eye and face protection, head protection, hearing protection, protective clothing, respiratory protection (disposable respirators and re-usable respirators), fall protection, professional footwear, hand protection and others. The market has been further segmented on the basis of applications into construction, manufacturing, oil and gas, chemicals, food, pharmaceuticals, transportation, healthcare, and others. The market has been further segmented on the basis of provinces into Eastern Province, Central Province, Western Province and others.

The report also analyzes factors driving and inhibiting growth of the personal protective equipment market. The report will help manufacturers, suppliers, and distributors to understand the present and future trends in this market and formulate strategies accordingly.

The Personal Protective Equipment Market has been segmented as:

Saudi Arabia Personal Protective Equipment Market by Product Type

Eye and Face Protection
Head Protection
Hearing Protection
Protective Clothing
Respiratory Protection
Disposable Respirator
Re-Usable Respirator
Fall Protection
Professional Footwear
Hand Protection
Others

Saudi Arabia Personal Protective Equipment Market by Application Type
Construction
Manufacturing
Oil and Gas
Chemicals
Food
Pharmaceuticals
Transportation
Healthcare
Others

Saudi Arabia Personal Protective Equipment Market by Province
Eastern Province
Central Province
Western Province
Others

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Neuromorphic Chip Market to Reach US$1,801.9 mn by 2023, Driven by Miniaturization of Integrated Circuits

The neuromorphic computing is executed on hardware by threshold switches, transistors and oxide based memristors. Neuromorphic chips are the amalgamation of memristors and transistors deployed over a silicon fabrication chip, which assists to lessen memory consumption in real time manner. Moreover, neuromorphic chips are the digital and analog very large scale integration (VLSI) system which performs as neural systems models. Implementation of neuromorphic chip is likely to increase scalability, performance and sensitivity of machines.

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The neuromorphic chip market is driven primarily due to the increasing demand of artificial intelligence. Artificial intelligence is a machine learning technology that provides the skill to machines to learn with partial programming. This involves the advancement of computer programs and machines which are competent enough to update themselves when being exposed to real time data. Moreover, an innovation in the field of miniaturization of integrated circuits has increased the scope of applications for neuromorphic chip. The neuromorphic chips are small and scalable enough to get easily implemented in different end use products. Rising demand of neuromorphic chip in the field of Internet of Things (IoT) technology is driving the growth of the market. The chips are likely being planted in large supercomputers to enhance the speed of machine learning along with some other neural network-based computations.

Growth of neuromorphic chip market is hindered due to high cost associated in manufacturing of such chips. Manufacturer faces different tribulations in integrating biological synapses in to a minute hardware which requires just a single micron of space. Complexities in hardware designing are also major restraining factors in this market. The complicated neuromorphic synapses are difficult to implement in hardware. As of 2015, in developing countries, developments in the field of neuromorphic computing have negatively affected due to lack of availability of technological resources and lack of availability of competent infrastructure.

Implementation of neuromorphic chips in diverse end use products of different industries including automotive, semiconductor & electronics and healthcare can be identified as future growth opportunity for the market. Neuromorphic chips have application level opportunities in industrial and service robotics.

Based on function, the market is segregated into signal processing, data processing, image recognition and others. On the basis of application, the neuromorphic chips market is segmented into defense and aerospace, automotive, medical, industrial and others. On the basis of geography, the market report is segregated into North America, Europe, Asia Pacific and Rest of the World (RoW). The scope of the report offers an insight into neuromorphic chips market in these regions based on revenue (USD million).

The competitive profiling of the key players in the global neuromorphic chips market across four broad geographic regions is included in the study. These include different business strategies adopted by the leading players and their recent developments as in the field of neuromorphic chips. The market attractive analysis of the major application areas has been provided in the report, in order to offer a deep insight of global neuromorphic chips market.

A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints and opportunities is included in the purview of the report. Market dynamics are the distinctive factors which impact the market growth, thereby helping to understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2015 to 2023, along with offering an inclusive study of the neuromorphic chips market.

Major market players in this market are Intel Corp. (U.S), Qualcomm Inc.(U.S), International Business Machine Corporation (U.S), General Vision Inc.(U.S), Brain Corporation (U.S), HRL Laboratories LLC (U.S), Vicarious FPC Inc.(U.S), Lockheed Martin Corporation (U.S), Hewlett Packard Corp.(U.S) and Samsung Electronics Co. Ltd. (South Korea) among others.

The Neuromorphic Chip market has been segmented as:
Global Neuromorphic Chip Market: By Function
Signal processing
Data processing
Image recognition
Others

Global Neuromorphic Chip Market: By Application

Defense and Aerospace
Automotive
Medical
Industrial
Others

Global Neuromorphic Chip Market, by Geography:

North America
Europe
Asia Pacific
Rest of the World

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ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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