Friday, 22 May 2020

Delivery Drone Market Trends, Type, Application, Analysis And Forecast By 2026

The global delivery drone market size is expected to reach USD 494.5 million by 2026 according to a new study by Polaris Market Research. Report gives a detailed insight into current market dynamics and provides analysis on future market growth.
  
Delivery drones are one of the types of unmanned aerial vehicles which can be operated remotely or autonomously and provides advantages such as delivery or distribution of packages during last mile delivery for commercial logistics or transportation industry. Also, the logistics & transportation vendors are taking sheer interests for adopting drone technologies in order to provide their services efficiently at rural & urban areas wherein, transportation vehicles have difficulty to reach at remote locations due to bad condition of roadways. For instance, according to Statistics Bureau, China had over 589 million of population living in the remote areas in 2017. Increasing adoption of drone technologies by growing e-commerce sector vendors is one of the major factors aiding the growth of delivery drones in China.


Delivery drones provides several advantages such as lower transportation costs, reduces delivery time by cutting down traffic, higher operational efficiency, lowers accidents, and lowers gas emissions. Moreover, the growth of the market is majorly attributed to rapidly growing drone industry throughout the world. For instance, according to Polaris Market Research analysis, in 2016, the drone units were pegged over 2.2 million units globally and continuously increasing owing to increasing production and adoption of drone technologies by different end use verticals such as military & aerospace and healthcare industries.
Companies such as Airbus SE, CyPhy Works, DJI Technology Co. Ltd., Drone America, JD.com, Matternet, SKYCART Inc., The Boeing Company, and Zipline are some of the key players operating in this market.

Furthermore, increasing adoption of drone technologies by quick service restaurant chains and healthcare vendors is another major factor aiding the growth of market. For instance, in 2016, Timbre (a Singapore based one of the largest restaurant chains) planned and tested 8 drones developed by Infinium Robotics (a Singapore based company) for serving in restaurants. Moreover in 2018, Zomato (an India-based restaurant search & discovery service company) acquired TechEagle Innovations Pvt Ltd. in order to offer drone-based food delivery services in India which is expected to create a good opportunity for drone manufacturers in the region during the forecast period.


However, there are still some regulations in the country which limits the usage of drones in India for commercial purposes such as goods delivery. In addition, stringent regulations by the Federal Aviation Administration (FAA) & logistical challenges are restraining the growth of delivery drones across the world. Also, poor infrastructure and complex terrain are expected to be other restraining factors for delivery drone industry.

Among drone type, rotary blade is expected to be the largest market for delivery drones in 2019, owing to its ease of use such as vertical take-off & landing features and also it is expected to retain its dominance during the forecast period of 2020-2026 as well. Hybrid drones are expected to be the fastest growing drone type during the forecast period, owing to advanced features such as higher payload capacity, longer flight time, and increased range up to 4-5 times of the normal delivery drones which generally have the travelling range of around 10-20 miles.


Among regions, North America is expected to be the largest market for delivery drones in 2018 and is expected to be the largest market during the forecast period as well. The growth of this region is majorly attributed to increasing production of drones and increasing adoption of drones for different commercial applications in the region. Also, in 2015, the FAA granted new exemptions for the QSR or logistics companies to operate drones in the United States which is expected to drive the market for delivery drones during the forecast period.
  

Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com
on No comments:
Labels: , , ,

Face Mask Market 2020-2026 | Development Factors, Latest Opportunities and Forecast

 The global Face Mask market size is expected to reach USD 7.22 billion by 2026 according to a new study by Polaris Market Research. The report “Face Mask Market Share, Size, Trends, Industry Analysis Report By Type (Respirators (N-Series, P-Series), Surgical Mask, Cloth Face Mask); By Distribution Channel (E-commerce, Hospital pharmacies, Retail Suppliers, Supermarket, others); By End-Use (Hospitals and Clinics, Industries, Others); By Regions, Segment  Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The World Health Organization (WHO) has recommended to use face mask in home as well as in all healthcare institutions to successfully tackle the health challenges and infection dangers posed by COVID-19. Face mask is used for protection against respiratory infections and to create the physical barrier between nose and mouth of the wearer and potential contaminants in the immediate environment and are available in different thickness and ability to protect from contaminants. The rising cases of corona virus across the globe is expected to benefit the market over the next six years.


Continuously increasing pollution and unhealthy working hours, growth in consumer awareness regarding airborne infections associated with the rise in outbreaks in the recent past, high consumption rate of surgical mask for personal use, increasing demand for face mask from e commerce platforms, rising standard of living, are some of the factors benefitting the market growth.
  
The healthy demand for disposable designer face mask, increasing demand for face mask among the younger generation and disposable face mask among the general public are the factors expected to provide promising growth opportunities for the global market during the forecast period. However, the increasing demand for counterfeit products both in physical stores and on online platforms is expected to challenge the growth of the global market during the forecast period.

In 2020, North America region is expected to dominate the market in terms of value and volume during the forecast period. This dominance is due to the increased spending of consumers on personal care products and growing awareness regarding pathogenic infections are some of the factors benefitting the regional market growth. However, the Asia-Pacific is expected to witness the highest growth rate from 2020 to 2026. The demand for novel product line from millennial and generation X consumer groups in the region is expected to register highest growth rate during the forecast period.


 To customize the study according to your specific requirements please click At : https://www.polarismarketresearch.com/industry-analysis/face-mask-market/request-for-customization


Moreover, the key players involved in the global Face Mask Market include, Moldex, Shanghai Dasheng, Kimberly-Clark, BDS, Gerson, Halyard Healthcare, SAS Safety Corp., Honeywell, Irema, KOWA, 3M, McKesson, MolnlyckeHealth, CM, Sinotextiles, DACH,Te Yin, Hakugen, and Uvex among others are key players in the market.. Product launch, merger & acquisition, and partnerships encompass key players’ strategies to preserve and capture the most important share of the global market.

Polaris Market research has segmented the Face Mask market report on the basis of Product, Distribution Channel, End-Use and Region

Face Mask Product Outlook (Revenue, USD Million, 2017 – 2026)
  • Respirators
    • N-Series
      • N95
      • N99
      • N100
    • R-Series
    • P-Series
      • P95
      • P100
    • Surgical Mask
    • Cloth Face Mask
Face Mask Distribution Channel Outlook (Revenue, USD Million, 2017 – 2026)
  • Supermarket and Mall
  • Online Channel
  • Pharmacy and Drugstores
  • Others
Face Mask End-Use Outlook (Revenue, USD Million, 2017 – 2026)
  • Hospitals and Clinics
  • Dental Centers
  • Industries
  • Others
Face Mask Regional Outlook (Revenue, USD Million, 2017 – 2026)
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, RoE)
  • Asia Pacific (India, Japan, China, RoAPAC)
  • Latin America (Mexico, Brazil)
  • MEA
Buy Now this Premium Report to Grow your Business @ https://www.polarismarketresearch.com/checkouts/6421

Contact Us:
Polaris Market Research
Phone: 1-646-568-9980
on No comments:
Labels: , ,

Quality Management Software Market Development Factors, Latest Opportunities and Forecast 2026

The new report The Global Quality Management Software Market was estimated at USD 6.86 billion in 2017 and To Exceed $15.48 Billion By 2026; according to a new market research report by Polaris market research. “Quality Management Software (QMS) Market [By Solution Type (Complaint Handling, Audit Management, Change Management, Non-conformance/corrective & preventive, Document Control, Others); By Deployment Type (On premise, Cloud); By Company Size (Small and Medium Enterprises, Large Enterprises) By Application Type (IT & Telecom, Healthcare, Transportation & Logistics, Consumer goods & Retail, Defense & Aerospace, Manufacturing) By Region] Market size & Forecast, 2017 – 2026”
Key players for QMS in the market are Aras Corporation, Dassault Systems SE, Hewlett-Packard Enterprise Co., MasterControl, Inc., Microsoft Corporation, Oracle Corporation, Parasoft Corporation, PSC Biotech Corp., SAP SE, Siemens AG, and Sparta Systems.
QMS is used to replace the paper based systems with automated quality management systems that follows stringent regulations and quality standards. This improves the product quality, increase the efficiency and satisfy the customer demands. QMS is anticipated to witness a remarkable growth owing to the standards and regulations compliance. The key factor that boosts QMS market is the solutions and systems used to ensure the high quality products and processes.
QMS reduces the risk of quality process failures and lower costs for large number of clients across a range of industries. QMS offers various features such as track deviations, improves non-conformances, improves safety and other features. Adoption of QMS can help the organization to improve their performance and overall competitiveness.
Owing to the strict regulations, embedded business models and complex procedures, in the manufacturing, transportation & logistics sector, the implementation of QMS has increased. These regulatory implications are another major driving factor for the market. The demand for QMS is driven by the consumer goods & retail segment which facilitates the user by delivering high quality products at a cheap price which meets the customer satisfaction.
QMS offers different solutions which include complaint handling, audit management, change management, as well as document control. The factor that trigger the growth of QMS is document control which ensures secure documents and offers a repository for all documentation that makes search and retrieval a very easy task. Another rising factor that boosts the market growth of QMS is cloud-based deployment which offers flexibility, scalability, and optimized processes. Due to the recent advancements in the technology most of the companies are switching to cloud based services.
Key Findings from the study suggest that North America is the major region for the quality management software in 2017. The quality management software is dominated by the segments such as non-conformance/ corrective & preventive solutions. The complaint handing market is expected to emerge as the key segment over the forecast period. Developing economies of Asia Pacific drive the demand of QMS with application in industries such as manufacturing, transportation & logistics. Change management is also one of the key reasons that gain traction in Asia-Pacific market. Another rising factor that boosts the market growth of QMS is cloud-based deployment which offers flexibility, scalability, and optimized processes. Due to the recent advancements in the technology most of the companies are switching to cloud based services.
Key Segments:
Quality Management Software Market Size and Forecast by Solution Type
  • Key findings
  • Complaint Handling
  • Audit Management
  • Change Management
  • Non-conformance/corrective & preventive Solution
  • Document Control Solution
  • Others
Quality Management Software Market Size and Forecast by Deployment Type
  • Key Findings
  • On-Premise
  • Cloud Based
Quality Management Software Market Size and Forecast by Company Size
  • Key Findings
  • Small and Medium Enterprises
  • Large Enterprises
Quality Management Software Market Size and Forecast by Application Type
  • Key findings
  • IT & Telecom
  • Healthcare
  • Transportation & Logistics
  • Consumer goods & Retails
  • Defense & Aerospace
  • Manufacturing
  • Others
Quality Management Software Market Size and Forecast by Regions
  • North America [U.S., Canada]
  • Europe [Germany, UK, France, Italy, Spain, Belgium, Netherlands, Rest of Europe]
  • Asia-Pacific [China, India, Japan, South Korea, Singapore, Malaysia, Rest of Asia-Pacific]
  • Latin America [ Brazil, Mexico, Argentina, Rest of Latin America]
  • Middle East and Africa [Israel, South Africa, Saudi Arabia, UAE, Rest of MEA]
For Further Insights and Segment-Specific Information, Contact a Market Analyst at @ https://www.polarismarketresearch.com/industry-analysis/quality-management-software-market/speak-to-analyst
Contact US : 
Polaris Market Research
Phone: 1-646-568-9980
on No comments:
Labels: , , ,

Smart Agriculture of 2020 and Beyond: How Technologies Are Reshaping the Farming Industry

Market Overview :

 The global smart agriculture market is projected to reach USD 20,635 million by 2026 growing at a CAGR of more than 14% from 2020 to 2026, as per a new research report published by Polaris Market Research.  The report ‘Smart Agriculture Market, [By Component (Hardware, Software, Services); By Application (Precision Farming, Yield Monitoring, Soil Monitoring, Irrigation System, Fish Farming, Horticulture, Livestock Monitoring, Smart Greenhouse, Others); By Region]: Market Size & Forecast, 2019 – 2026’ offers a wide analysis of different applications in smart farming along with insights related to current and future trends in the market.

During the last decade, the agriculture industry has undergone enormous transformation due to ever increasing demand for sustainable practices in farming. Multiple companies are involved in developing sustainable solutions and systems for farming. Also, it is observed that due to benefits of smart agriculture solutions, farmers gain the capability to improve yield via optimizing inputs and well-organized management of their farms. These factors have collectively resulted in rapid deployment of the smart farming solutions in various applications. Consequently, significant growth is anticipated in this market owing to the attractiveness of well suited and smart agriculture solutions over the risks associated with traditional farming methods.
Get PDF Brochure 
Some of the key players profiled in the smart farming market report include AG Leader Technology, AGCO Corporation, Trimble Inc., Precision Planting, Inc., AgJunction, Inc., Agribotix LLC, Deere & Company, The Climate Corporation, Autonomous Solutions, Inc., Drone Deploy, Raven Industries, CLAAS KGaA mbH, and CNH Industrial. Due to presence of higher amount of small and medium sized companies along with the large enterprises operating in this space, the market is observed to be highly fragmented.


Growth in population, and increasing preference towards automation of farm operations is expected to further support the market growth. The need for automation in faming operations is driven by the capability of improvement in produced crop quality, maximization of crop production, and enhanced productivity. Increased necessity to monitor livestock, along with the need to minimize the use of pesticides and fertilizers further boosts the adoption of smart agriculture. Other factors driving the growth of smart farming market include growth in the global agricultural industry, reducing availability of labour, and high labour costs. However, high initial investment costs associated with adoption of smart agriculture systems might restraing the growth in this market. Demand from emerging economies coupled with technological advancements are factors expected to present numerous opportunities for the growth in smart farming market during the forecast period.
In case, any of your pain points areas are not covered in the current scope of this report, Request for Customization here : https://www.polarismarketresearch.com/industry-analysis/smart-agriculture-market/inquire-before-buying

 Regional Analysis : 

North America accounted for the highest revenue share among all regions in the smart farming market during 2018. This is primarily due to high market penetration in U.S. and is further supported by extensive R&D activities by companies and presence of proper regulatory environment in this region. The different components used in precision farming include hardware, software, and services. During 2018, the hardware component segment accounted for the largest share in this market due to popularity and demand of hardware components such as Automation & control systems, sensing devices, LED grow lights, and HVAC systems which are widely used in farms to increase crop yield and improve productivity.


Polaris Market Research has segmented the global Smart Agriculture market on the basis of component, Application and region:


Smart Agriculture by Component Outlook (Revenue, USD Million, 2016 – 2026)
  • Hardware
  • Software
  • Services

Smart Agriculture by Application Outlook (Revenue, USD Million, 2016 – 2026)

  • Precision Farming
  • Yield Monitoring
  • Soil Monitoring
  • Irrigation System
  • Fish Farming
  • Horticulture
  • Livestock Monitoring
  • Smart Greenhouse
  • Others

Smart Agriculture by Region Outlook (Revenue, USD Million, 2016 – 2026)
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, RoE)
  • Asia Pacific (India, Japan, China, RoAPAC)
  • Latin America (Mexico, Brazil)
  • MEA
on No comments:
Labels: , , , ,

Voice Recognition Market Analysis, Size, Share, Growth, Trends And Forecast 2026

The global speech and voice recognition market size is expected to grow to USD 31.49 billion by 2026 according to a new report published by Polaris Market Research. The report “Voice and Speech Recognition Market Share, Size, Trends, Industry Analysis Report By Component (Hardware, Software, Services); By Interface (AI-Based, Non-AI Based); By End-User (Automotive, Healthcare, BFSI, Consumer, Retail, Government, Home security & Automation, Others); By Regions, Segments & Forecast, 2019 – 2026”, provides step-by-step analysis into current market insights and detailed analysis of future market trends.

In 2018, the non AI-based voice and speech recognition segment dominated the global market in terms of revenue. North America is expected to be the leading contributor to global market revenue during forecast period. A currently moving demand for virtual assistants at homes and enterprises supports the growth of this market. A growing need for automation in customer service and integration of virtual assistants with smart home appliances (digital homes) drive the growth of market. A need to streamline enterprise communication to improve productivity further supports market growth. Other driving factors include increased use in automobiles, mobile banking applications and Electronic health record applications (EHR). The increasing use in biometric applications for user voice authentication would boost market growth during forecast period. A surging demand from emerging economies and technological advancements are factors expected to provide several growth opportunities in coming years.


An upward interest shone through in cars sector and expanding modernization of vehicles drove showcase development. The thought process being voice acknowledgements diminish mistakes enhancing market effectiveness. IT has been foreseen that half of ventures will be voice essays by 2020.  An increasing number of data lapses such as security attacks give reasonable credence to voice recognition systems that are more reliable authentication methods. Growing number of security concerns drive market.


North America came up with highest revenue in the market in 2017 and is anticipated to lead market gains through the forecast period. Use of intelligent virtual assistants to replace traditional interactive response systems has boosted market growth in the region. Use of intelligent virtual assistants is proving effective by enhancing customer and brand experience providing a consumer-friendly environment. The presence of established telecom and cloud infrastructure in the region and growing trend of BYOD drive the market growth in the region. The demand for voice recognition systems has grown significantly in BFSI and healthcare sectors in the regions. Increased adoption of smart homes and smart buildings would provide opportunities for market during forecast period.



China is the world’s largest populace and is expected to have high adoption rates for these technologies. The number of mobile transactions has reportedly increased which makes it ideal for implementation of this software.

Market players are introducing new products in the market to cater to a growing customer base and players are venturing into new markets to expand customer portal and make market presence strong.

The companies in the speech and voice recognition market include Google, Inc., Baidu, Inc., Facebook, Inc., Amazon.com, Inc., Advanced Voice Recognition Systems, Inc., Apple, Inc., IBM Corporation, Microsoft Corporation, Briana soft, VoiceBox Technologies, Fulcrum Biometrics, Neurotechnology, M2SYS Biometrics, Sensory Inc., Voice Base, INc., Agnitio Corp., Auraya Systems, VoiceTrust and Nuance Communications.


Segment Analysis
The global voice recognition market is segmented on the basis of component, interface, end-user, and region
  • Voice Recognition Market Size and Forecast by Component, 2018-2026
    • Hardware
    • Software
    • Services
  • Voice Recognition Market Size and Forecast by Interface, 2018-2026
    • AI-Based
    • Non AI-Based
  • Voice Recognition Market Size and Forecast by End-User, 2018-2026
    • Automotive
    • Healthcare
    • BFSI
    • Consumer
    • Retail
    • Commercial
    • Others
  • Voice Recognition Market Size and Forecast by Region, 2017-2026
    • North America (U.S., Canada)
    • Europe (France, Germany, UK, RoE)
    • Asia Pacific (India, Japan, China, RoAPAC)
    • Latin America (Mexico, Brazil)
    • MEA

Contact us
Polaris Market Research
Phone: 1–646–568–9980
on No comments:
Labels: , , ,

Mining Equipment Market Application, Revenue Status, Leading Player, Demand, Growth, Future Opportunity & 2026 Forecast

The global Mining Equipment Market is anticipated to reach USD 121.4 million by 2026 according to a new research published by Polaris Market Research. In 2017, the surface mining equipment segment dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global mining equipment market.

The rapid growth in the demand for metals and minerals majorly drives the growth of this market. Growing usage of resources such as coal and petroleum supports the market growth. The decreasing ore grades further accelerates the adoption of mining equipment. However, high initial investment costs associated with mining equipment, and strict government regulations limit the growth of the market. New emerging markets, and technological advancements would provide growth opportunities for mining equipment market in the coming years.

Asia-Pacific accounted for the highest share in the global mining equipment market during the forecast period. A significant growth in the emerging economies of China, Japan, India, and Australia among others drives the growth in this region. Increasing demand for petroleum and coal resources in the region, along with rising industrialization in developing countries of this region augment the market growth in the region. Leading global players are expanding their presence in developing nations of India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.

The various applications of mining equipment include metal mining, mineral mining, coal mining, and others. The metal mining equipment segment is expected to lead the mining equipment market during the forecast period owing to increasing demand from emerging economies. The increasing demand for metals such as silver, gold, platinum, and copper for various applications has increased the demand of mining equipment in this application. Use of precious metals such as gold and platinum in jewelry and ornaments has supported the growth of the market.  



The well-known companies profiled in the global mining equipment market report include Komatsu Ltd., Caterpillar Inc., Hitachi Ltd., AB Volvo, Liebherr Group, Caterpillar Inc., Atlas Copco AB, China Coal Technology and Engineering Group Corp., Joy Global Inc., Metso Corporation, Sandvik AB, and Northern Heavy Industries Group Co. Ltd among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.\

About Polaris Market Research
We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
Contact us
Polaris Market Research
Phone: 1–646–568–9980
on No comments:
Labels: , ,
Subscribe to: Comments (Atom)