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Imagine driving down a freeway and finding trucks with no drivers travelling at highway speeds. Advancements in autonomous driving technologies will soon make fully autonomous driverless trucks a reality on highways. Autonomous trucking can broadly be categorized into 5 levels (Level 0 – Level 4) based on the following levels of automation - drive...

Machine vision technology has been in the market for years. However, with advances in technology and with the evolution of smart factory, the past decade has seen a drastic revolution in machine vision equipment. The different product categories within the machine vision equipment market are PC-based machine vision and smart camera–based machine...

Almost all the businesses are gowing customer-centric and are building strategies revolving around their customers’ preferences. Companies that have failed to observe the trend have either ceased to exist or are witnessing a decline in growth. Organizations want to know what their customers think about their brands and want to understand the underl...

11 May 2017  |  North America  |  Market Research

Big Data Analytics in Global Condition Monitoring, Forecast to 2023

Rise of New Business Models Through Focus on Software

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The application of Big Data analytics in the condition monitoring market is at a nascent stage. Current solutions offered by vendors are only able to analyze condition data such as vibration. The true value of big data will be realized when analytics service providers are able to offer solutions by combining condition and process data (SCADA and PL...

17 Feb 2017  |  Global  |  Market Research

Global Market for MEMS and NEMS Sensors, Forecast to 2022

MEMS & NEMS Sensors are Enabling Smart Devices and IoT Applications Across Vertical Markets

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Micro-electromechanical system (MEMS) sensors are in the growth stage of their life cycle, exhibiting growing demand from most of the end users. This trend is likely to continue for many years to come. With ease of miniaturization becoming a reality, a number of sensors have been developed based on MEMS technology such as pressure and vibration sen...

06 Jul 2017  |  Asia Pacific  |  Market Research

Growth Opportunities in APAC Oncology Diagnostics Market, Forecast to 2021

Innovation, Technology Integration, and New Customer Segments to Drive New Business Growth

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There is high growth in the Asia-Pacific (APAC) oncology diagnostics market due to increasing incidence of cancer and the drastic reduction in incidence age owing to a plethora of reasons in the regional market. The major drivers for the APAC cancer diagnostics market are increase in adoption of technology platforms, access to targeted cancer thera...

07 Jul 2017  |  Asia Pacific  |  Market Research

Southeast Asian Building Management System (BMS) Market, Forecast to 2022

Growing Awareness on Energy Efficiency to Drive Double-digit Growth

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The Southeast Asian Building Management Systems (BMS) market is currently in the nascent stage and is expected to grow strongly at a CAGR of 10.2% between 2016 and 2022. Increased energy efficiency and operational cost savings achieved through adoption of BMS is increasing the demand, while regulation and policies further support the growth of this...

The increasing use of blockchain technology will go hand in hand with growing advances in the commercial vehicle industry, especially through digitisation and automation. Key trends such as digital transformation, rise in automation, modern logistics systems, and proliferation of financial technology (fintech) influencing trucking are expected to d...

The tiles market in the GCC is one of the most dynamic in the world in terms of the kind of demand it generates. There is high demand for both high quality-high priced tiles and at the same time there is demand for economical and cost effective products.The tiles market in the GCC is currently in the growth stage of the life cycle and is it not exp...