Global ESL Market share to grow at 18% CAGR from 2016 to 2024

The research report “Electronic Shelf Label (ESL) Market Size By Product (LCD, Segmented e-paper, Full Graphic e-paper), By Technology (Radio Frequency, Infrared), By Application (Hypermarkets, Supermarkets, Non-food Retail Stores), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Russia, France, India, China, Japan, Mexico, Brazil), Growth Potential, Competitive Market Share & Forecast, 2016 – 2024”, by Global Market Insights, Inc. says Electronic Shelf Label Market size is estimated to reach USD 1.25 billion by 2024; driven by rising applicability due to the real-time product positioning.

In a world where consumers have myriad choices when online shopping is concerned, electronic shelf label market is also establishing its mark to connect with the changing consumer preferences. These digital tags are helping the retailers to provide an ultra-efficient store experience and real time product positioning for the consumers. Thus, the development of interactive in-store environments has in turn, driven electronic shelf label industry to record a revenue worth USD 270 million in 2015.

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Electronic shelf label market is anticipated to witness a CAGR of 18% over the period of 2016-2024. Rising deployment of automation in retail sector and the growing reach of internet and smartphones is one of the major factor driving the industry growth. In addition, regulatory norms regarding consumer rights for transparency in product pricing will further provide a boost to this market.

Asia Pacific electronic shelf label industry is likely to be a lucrative ground for this market with cost-effective operations, growing potential for startups, and huge development opportunities in the region. These factors have contributed significantly toward APAC being the region exhibiting the highest growth. U.S. ESL industry is foreseen to grow at an annual rate of 18%, owing to significant expansion of the retail industry in the region.

Paper labels are currently being replaced by the digital tags for the efficient management of frequent price changes. These conventional labels can be replaced with full graphic e-paper, segmented e-paper, or LCDs. Full graphic e-paper ESL market is projected to be the dominating segment and is expected to grow at an annual rate of 19% over the period of 2016-2024. LCD product segment having had 40% of overall ELS industry share, is gaining heavy momentum in MEA and APAC, as these regions are quite price sensitive.

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These advanced labels are incorporated with real time bi-directional responsive systems, flash capability, merchandising accessories, indoor mapping, and navigation systems. Radio frequency (RF) and Infrared are the two-technological bifurcations in electronic shelf label market. RF communication occupied over 50% of the overall market, while IR communication accounted for more than 40% of ESL industry in 2015.

Factors associated with electronic shelf labels such as better price visibility, optimized pricing errors, and promotional capabilities have greatly influenced the penetration of ESL systems in supermarkets and hypermarkets. Electronic shelf label market from non-food retail store applications (including footwear, jewelry, cosmetics, electronics appliances, and others) is anticipated to surpass USD 200 million by 2024. Hypermarkets & supermarkets also exhibit high growth prospects in the future. Supermarkets are foreseen to capture over 30% of overall electronic shelf label market share by 2024.

Major players are adopting mergers & acquisitions and product innovations as their key strategies. Notable industry participants include E Ink Corporation, Altierre, Wincor Nixdorf, Pricer AB, Displaydata, and SES Imagotag.

Table of Contents

Chapter 1.   Methodology and Scope

1.1.   Research Methodology

1.1.1.   Initial data exploration

1.1.2.   Statistical model and forecast

1.1.3.   Industry insights and validation

1.1.4.   Research scope and assumptions

1.2.   List of Data Sources

1.2.1.   Primary sources

1.2.2.   Secondary sources

Chapter 2.    Executive Summary

2.1.    Electronic shelf label industry 360⁰ synopsis, 2012 - 2024

2.1.1.    Business trends

2.1.2.    Regional trends

2.1.3.    Product trends

2.1.4.    Communication technology trends

2.1.5.    Store trends

Chapter 3.    Electronic Shelf Label Industry Insights

3.1.    Industry segmentation

3.2.    Industry size and forecast, 2012 - 2024

3.3.    Industry ecosystem analysis

3.3.1.    Vendor matrix

3.3.2.    Distribution channel analysis

3.4.    Technology & innovation landscape

3.5.    Retail industry landscape

3.5.1.    North America

3.5.2.    Europe

3.5.3.    Asia Pacific 

3.5.4.    Latin America

3.5.5.    MEA

3.6.    Regulatory landscape

3.6.1.    U.S.

3.6.2.    EU

3.7.    Industry impact forces

3.7.1.    Growth drivers

3.7.1.1.    Rising applicability due to the real-time product positioning

3.7.1.2.    High ROI and rising demands for retail automation

3.7.1.3.    Precise product pricing norms in developed countries

3.7.2.    Industry pitfalls & challenges

3.7.2.1.    High initial investment

3.7.2.2.    Low labor wages and lack of skilled labor force

3.8.    Growth opportunity benchmarking 

3.8.1.    Business models

3.9.    Porter's analysis

3.10.    Company market share analysis, 2015 

3.10.1.    Strategy dashboard

3.11.    PESTEL analysis

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Smart Water Metering Market share to exceed 290 million units by 2024

The research report “Smart Water Metering Market Size By Application (Residential, Commercial, Utility), By Technology (AMR, AMI), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, Italy, France, UK, Sweden, Portugal, China, Japan, South Korea, India, Australia, UAE, Saudi Arabia, South Africa, Lebanon, Egypt, Mexico, Brazil, Uruguay, Argentina), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024”, by Global Market Insights, Inc. says Smart Water Metering Market size will exceed USD 14 billion by 2024; driven by emerging Intelligent sustainable water management solutions.

Enhanced metering accuracy coupled with increasing demand for savings in billing is set to drive the global smart water metering market size. Operational cost optimisation will further augment the demand for these products and assist in conserving scarce resources at affordable prices. Rising demand for systems can be attributed to development of smart grid infrastructure coupled with expansion of water pipeline network.

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Effective measures towards controlling and monitoring of Non-Revenue Water will stimulate growth. According to World Bank estimates, approximately 32 bcm of physical water is lost every year owing to faulty distribution networks, inaccurate systems and theft.

Automated Metering Infrastructure (AMI) smart water metering market size is set to exceed 50 million units by 2024. Adoption of AMI systems are low subject to high installation costs associated. Automatic Meter Reading (AMR) systems demand will increase owing to widespread adoption of the technology for the past two decades. However, data security concerns related to consumption tracking coupled with customer unwillingness may hinder the business growth.

Strict regulations toward water conservation and accurate billing coupled with rising consumer awareness will fuel the U.S. smart water metering market growth. American Recovery and Reinvestment Act (ARRA), 2009 in association with the Department of Energy (DOE) funded the Smart Grid Investment Grant (SGIG) to encourage adoption of intelligent systems. Glendale was the first U.S. city to implement these products as an effort to develop a smart grid network with aim to better manage its utilities and effectively respond to unexpected challenges including drought.

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Commercial smart water metering market share is projected to witness growth over 15% during the forecast timeline. Rising concerns towards control of overhead expenses including water bills can impact the profitability of a commercial establishment, complementing the business outlook.

China accounted for over 55% of the Asia Pacific smart water metering market share in 2016.  In 2012, the Ministry of Industry and Information Technology (MIIT) of China unveiled the 12th Five-Year Plan focusing towards the development of intelligent grids, household and cities, Under the proposed blueprint the investment of USD 294 billion were allocated for water resources projects. As per the plan, the pricing policies on ladder water price will be implemented in most of the municipal utilities, necessitating a paced deployment of these products in the region.

Notable players in the smart water metering market include Itron, Siemens, Landis+GYR, Schneider Electric, Circutor, Icsa, Iskraemeco, Holley Metering, Honeywell, Osaki, Elster, Sensus Sentec, Badger Meter and Neptune Technology.

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Smart water metering market research report includes in-depth coverage of the industry with estimates & forecast in terms of unit shipments and revenue from 2013 to 2024, for the following segments:

Global Smart Water Metering Market, By Application

• Residential
• Commercial
• Utility

Global Smart Water Metering Market, By Technology

• AMI
• AMR 

The above information is provided on a regional and country basis for the following:

• North America
• U.S.
• Canada
• Europe
• Germany
• Italy
• France
• UK
• Sweden
• Portugal
• Asia Pacific
• China
• India
• South Korea
• Japan
• Australia
• Middle East & Africa
• Saudi Arabia
• South Africa
• UAE
• Lebanon
• Egypt
• Latin America
• Mexico
• Brazil
• Uruguay
• Argentina

 About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

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Corporate Sales, USA
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Industrial IoT Market 2017 Global Analysis, Opportunities And Forecast To 2024

The research report “Industrial IoT Market Size, Industry Outlook, Regional Analysis (U.S., Germany, UK, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Development, Competitive Landscape & Forecast, 2016 - 2024”, global Industrial IoT Market size is anticipated to propel over the forecast timeline.

Improving productivity, enhancing worker safety, and reducing operating costs are the major drivers propelling the industry growth. During the forecast period, Industrial IoT is expected to accelerate the reinvention and growth of verticals, which are responsible for two-thirds of the world’s output.

The surging demand for technological advancements and innovations to improve operational efficiencies primarily drives the industrial IoT market. The technology is anticipated to reshape several industries by generating various financial opportunities. Countries and companies are likely to be transformed showing competitiveness and financial growth. In the coming years, companies would benefit though Industrial IoT by seeing the technology as a tool to find evolution in unexplored applications.

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Industrial IoT comprises innovative data analytics, machine-to-machine communication, machine learning algorithms, and sensor technologies to advance the companies’ executive abilities. Identifying probable failures in advance in technology to evade unexpected failures using analytical care techniques is a major factor influencing the adoption of the industrial IoT market.

Industrial IoT is the combination of compound physical equipment with data analytics solutions and industrial networks, improving working efficiency and reducing costs. Data and intelligent machines are expected to be revolutionized owing to the Industrial IoT technology thus having a positive impact on operations, productivity, and efficiency. Industrial IoT technology will allow companies to improve their revenues by improving and expanding manufacturing processes through forming new hybrid business models and exploiting intelligent technologies to transform their workforce and fuel innovations. These factors are anticipated to drive the industrial IoT market growth during the forecast timeframe. The adoption of Industrial IoT is possible owing to the development in supporting infrastructures such as cloud computing, progress in wireless technologies, sensing technologies, and standardization of IPv6. For instance, aviation manufacturers are providing complete rental programs on their gears and repairing contracts. The feedback from engine users would help manufacturers improve the engine design and reduce industrial and maintenance costs. Countries have appreciated that sensor data could be used to avoid disastrous catastrophes in key networks such as water, power, and transport. These factors are driving the industrial IoT market revenue.

The growth in the adoption of Industrial-IoT will lead to a shift in employment assemblies. The workforce will be blended and it is expected that humans and machines would work together to achieve results that humans nor machines can produce alone. Businesses will use smart machines and network solutions to atomize responsibilities at low costs and attain high-quality results. This will propel the industrial IoT market demand.

A key factor hindering the growth of the industrial IoT market is the lack of compatibility between the many technologies functioning in the IoT environment. The technology is mainly a union of data processing, industrial equipment, networking infrastructure, sensor technologies, and software solutions for data management and writing.

Semiconductor players have joined forces with hardware, software, networking companies with academic consortiums, and industry associations to develop formal and informal standards for industrial IoT applications. To overcome the factors hindering the industrial IoT market growth AT&T, Cisco, Inc., GE, IBM, and Intel Corporation formed the Industrial Internet Consortium 2014. This consortium has over 150 and more companies as members working together to help define industry requirements & standards, establish interoperability standards across environments and accelerate adoption of Industrial IoT. Other companies have been intensive on regulating the Application Programming Interfaces (APIs), allowing data transfer and basic commands amongst IoT devices.

The industrial IoT market based on industries can be segmented into agriculture, energy & power, healthcare, metals & mining, and manufacturing. These industries are expected to generate various opportunities due to the Industrial IoT technology. The manufacturing sector is currently the largest market holder for Industrial IoT. A change in the implementation of manufacturing processes is likely to benefit various organizations and businesses as it would enable effective collaboration, financial monitoring enhancement, high application of resources, smart decision-making skills, and opportunities to develop and test ground-breaking technologies in the industrial IoT market.

The manufacturing industry is responsible for the generation of high employment opportunities and contributes meaningfully to the GDP of many countries globally. Manufacturing industries include segments such as aerospace & defense, automotive, construction, farm, high tech, and industrial machinery. Manufacturers have various business priorities, which are impacting how they adopt IoT and which department they apply it, such as assets, products, or supply chain, which will further impact the industrial IoT market. Companies having their own production/manufacturing facilities are likely to be early implementers of the industrial IoT to change their services and products while products with long life cycles are expected to use IoT to change their services and products that will drive the industry growth.

Healthcare industry in industrial IoT market is expected to grow at a high rate during the forecast period. The solutions can completely change the healthcare industry through remote monitoring of critical patients. Data gathered through remote monitoring can be used for providing enhanced diagnostics and patient care. Availability of healthcare services and treatments can be enabled through intelligent and complete monitoring systems, propelling the industrial IoT market. Several companies have started providing integrated solutions by using Industrial IoT technology in the healthcare industry.

In Europe, Industry 4.0 is an upcoming trend in Germany which is the fourth industrial revolution and cyber-physical systems concept introduced to segregate new evolution phase from electronic automation phase, driving the industrial IoT market. It is a global movement towards the future of the industry and manufacturing, which will offer growth opportunities for the industrial IoT market in the region.

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Asia Pacific industrial IoT market currently holds the largest share of the IoT market and is anticipated to grow at a high rate during the forecast period. The rise in demand for automated technologies from metals, mining, manufacturing industries, and developments in healthcare solutions are projected to drive the industrial IoT market in the region.

Government regulations and initiatives in the industrial IoT market from countries, such as China, India, France, Germany, and the U.S., are helping them expand their manufacturing sectors with an increase in investments in the automation sector. This is further anticipated to drive the manufacturing industry across major economies globally in the industrial IoT market.

AT&T, Cisco, Inc., GE, IBM, Intel Corporation, Qualcomm, Accenture, Amazon, ARM, Atos, Bosch, Broadcom, Infosys, Google, Microsoft, National Instruments, Siemens, Tech Mahinda, Tata Consultancy Services, Unisys, Verizon, Zebra Technologies, and ZTE are the major companies contributing to the development and research of the industrial IoT market. Companies, such as General Electric (GE), have started providing integrated solutions for diagnostics and remote monitoring of critical patients using sensors and wireless technologies for the industrial IoT market.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Agricultural Robots Market Update, Analysis and Forecast Report, 2016 – 2024

The research report “Agricultural Robots Market Size, Industry Analysis Report, Regional Outlook (U.S., Germany, UK, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024”, Global Agricultural Robots Market size is expected to witness a growth at a significant rate during the forecast period.

The focus on increased productivity and farm efficiency, automation leading to minimized use of labor, efficient use of natural resources, population growth, constant innovation in technology, a decline in the availability of workforce and less time-consuming nature are the propelling factors for the growth of the market. The high cost involved in hiring skilled labor and increased pressure on food supply are also the factors leading to the emergence of agricultural robots. The agricultural robots market is expected to receive support from government authorities in the future.

Irregular mobile and internet connectivity in remote areas can limit the growth of agricultural robots. The other challenge is to guide the farmers about the new agricultural model. Stringent safety and hygiene regulations need to be followed for adopting the new agricultural technology as the robots contribute to quality and freshness of food. Against this backdrop of drivers and restraints, the market is forecasted to grow at a fast pace in the coming years.

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Agricultural robots are also known as AgriBots, AgBots and FarmBots. Robots have already transformed the agriculture industry, and with the invention of agricultural drones, they have set a different standard for farming. They are mainly deployed for harvesting the crops. The robotics in agriculture have helped the farmers in identifying the weeds and hoeing. The next strategy in agricultural robotics is to develop autonomous robots which will locate the weeds in crop rows and take a precise action to eliminate them. Agricultural robots lead to lower costs in farming, functioning without fatigue, better quality of yield produced and reduced damage to the soil. They use the technologies involved in computing, navigation, mobility, localization and sensing. The key strategy to build economical robots is to adopt the existing commercial vehicles in the market. The companies engaged in manufacturing of robots are focused on the agricultural industry.

Agricultural robots market has been classified into types, applications, offerings and regions. Based on types, robot market is divided into unmanned aerial vehicles, milking robots, driverless tractors and automated harvesting systems. Based on application, the agriculture robot market is segmented into field mapping, soil management, irrigation and pruning management, dairy farm management, harvesting management, weather tracking and estimation and inventory management.

Based on offerings, the market is divided into hardware, software and services. Hardware for automation and control includes display, GPS, mobiles, steering and guidance and application control devices. Hardware for monitoring and sensing devices comprises of soil sensors such as nutrient, temperature and moisture sensors, yield monitors, water and climate sensors. The software is cloud based and web based. The services include consulting and system integration, connectivity services, assisted professional services, support and maintenance services and managed services such as data services, analytics and farm operation services.

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Based on region, the market of agriculture robot has been segmented into North America, Europe, Latin America, Asia Pacific and Middle East and Africa. North America had the highest market share in 2015. Europe and Asia Pacific are the next in queue. Due to the high investment in machinery, Asia Pacific is expected to grow with the highest CAGR.

National Institute of Food and Agriculture has provided grants to stakeholders to promote the use of robots in America’s agricultural fields. Some of the key market players are DeLaval, Harvest Automation, Agrobot, Lely, BouMatic Robotics, Yamaha, Kuka, ABB Robotics, Blue River Technology, PrecisionHawk Inc., Georgia Tech Agricultural Robots and IBM.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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U.S. Ammunition Market to account for over 90% of the North American revenue by 2025

Industry Overview

The report “Ammunition Market Size By Caliber (Small Caliber, Medium Caliber, Large Caliber, Artillery, Mortar), By Application (Defense, Civil), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, Japan, China, India, South Korea, Mexico, Brazil, Saudi Arabia, UAE, Israel, Africa), Growth Potential, Regulations, Competitive Market Share & Forecast, 2016 – 2025” by Global Market Insights, Inc. says Global Ammunition Market size is estimated to exceed USD 11.5 billion by 2025; impelled by increasing recreational & leisure activities like hunting and shooting.

The rising terrorist activities across the world has led to high demand for arms & ammunition, thereby fueling global ammunition market size. Stringent measures introduced by the governments of various countries to fight against terrorism and heated inter-continental disputes will also spur the industry trends.

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Worldwide ammunition market was worth USD 9 billion in 2015 and is slated to record an annual growth of 2.8% over the period of 2016 to 2025.” The growing investments in R&D activities to enhance and develop technologically advanced weaponry coupled with the concerns regarding national security will bring forth lucrative avenues for the global ammunition industry. Material handling vehicles, buses, and light duty vehicles are key applications of the automotive fuel cell industry. Material handling vehicle applications will exhibit an annual growth rate of 14.5% over the coming period of 2016 to 2023, driven by their increasing use across distribution centers, airport operations, and inventory management.

Taking into consideration the products, ammunition industry is segmented into artillery, medium caliber, mortar, large caliber, and small caliber. Mortar ammunition market will exhibit an annual growth rate of around 3.3% over the period of 2016 to 2025, owing to its surging usage in low firing pressure arms. Small caliber ammo is predicted to record notable growth rate over the coming eight years. The product demand can be attributed to its high demand across civil and military applications, owing to its ease of application and easy availability.

Defense and civil sectors are the two prominent application areas of ammunition market. Defense sector led the application landscape in 2015 and will continue its dominance by occupying more than 50% of the total industry share over the period of 2016 to 2025. Ammunition market size in civil applications will also grow lucratively over the coming timeframe, driven by its high demand in Law enforcement, self-defense, entertainment, and sports activities.

Considering the regional landscape, North America ammunition market is slated to exhibit noticeable growth rate over the coming eight years. U.S. will cover more than 90% of the North America regional share by the end of 2025. The growth can be attributed to its increasing requirement for shooting sports and the defense sector.

Asia Pacific ammunition industry accounted for 28% of the global revenue in 2015 and will register a lucrative growth rate over the period of 2016 to 2025, owing to the huge allocation of financial budgets for the defense sector. The rising demand for ammunition in sports and entertainment activities will also favor APAC market growth significantly.

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Russia ammunition market will generate considerable revenue over the next few years, as it is a prominent arms producer. In addition, Russia is the main distributor of the defense equipment across the world.

The market is highly fragmented in terms of regional manufacturers. Most of the industry giants are looking forward to develop cost-effective and advanced products as compared to their competitors. To multiply the revenue generation, key players are adopting business strategies such as mergers & acquisitions to sustain their market position. Notable participants in ammunition market are General Dynamics Corporation, Nammo AS, Olin Corporation, Remington Arms Company, Inc., Orbital ATK Inc., Federal Premium Ammunition, BAE Systems, Denel PMP, Global Ordnance, RUAG Ammotec, Hornady Manufacturing, Maxam, Poongsan Corporation, and Nexter Systems.

Table of Contents

Chapter 1   Methodology & Scope

1.1    Research Methodology

1.1.1    Initial data exploration

1.1.2    Statistical model and forecast

1.1.3    Industry insights and validation

1.1.4.    Research scope and assumptions

1.2   List of Data Sources

1.2.1.    Primary Sources

1.2.2.    Secondary Sources

Chapter 2    Executive Summary

2.1     Ammunition industry 360⁰ synopsis, 2012 - 2025

2.1.1    Business trends

2.1.2    Regional trends

2.1.3    Caliber type trends

2.1.4    Application trends

Chapter 3  Ammunition Industry Insights

3.1   Industry segmentation

3.2   Industry size growth forecast, 2012 - 2025

3.3   Industry ecosystem analysis

3.3.1    Vendor matrix

3.3.2    Distribution channel analysis

3.4.    Technology & innovation landscape

3.5.    Regulatory landscape

3.5.1    U.S.

3.5.2    EU

3.6     Defense budget, by country, 2015

3.6.1    U.S.

3.6.2    China

3.6.3    Saudi Arabia

3.6.4    UK

3.6.5    Russia

3.6.6    Japan

3.6.7    India

3.6.8    Germany

3.7    Gun ownership landscape

3.7.1    U.S.

3.7.2    Russia

3.8   Industry impact forces

3.8.1    Growth drivers

3.8.1.1    Rising terrorism

3.8.1.2    Escalating arms race in Asia Pacific, MEA

3.8.1.3    Increasing recreational & leisure activities like hunting and shooting

3.8.2    Industry pitfalls and challenges

3.8.2.1    Stringent government norms

3.8.2.2    Environmental concerns

3.9   Growth opportunity benchmarking

3.10    Porter’s analysis

3.11    Competitive landscape, 2015

3.11.1   Strategy dashboard

3.12    PESTEL analysis

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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