Latest Publications

Global Electric Bus Market Units to Reach 820,150 Units On-Road by 2028

Global Electric Bus Market Units to Reach 820,150 Units On-Road by 2028, finds Bekryl

According to recently updated report by Bekryl, the global electric bus market is expected to surpass 820,150 units by 2028. While China will continue to dominate the market, leading players will strategically enhance their business footprint in South Asia, Western Europe and North America. competition is expected to heighten owing to emergence of new players and already established conventional bus manufacturers.

To procure full report, visit: https://bekryl.com/industry-trends/electric-bus-market-size-analysis

Global Electric bus market is expected to be valued over US$ 35 Billion in 2018, finds Bekryl Market Analysts. While transit buses holds a majority of the global share, electric school buses will create new revenue opportunity for companies especially in North America.

Electric bus market units is expected to surpass 820,150 units by 2028, finds Bekryl Market Analysts. The industry was valued at US$ 37 billion in 2017. While China will register single digit growth rate, rest of the world will attain double digit growth during the forecast period. As such, many companies including China based players are actively engaged in business expansion in Europe, Asia and North America.

Bekryl’s market research report, Global Electric Bus Market Size Analysis and Industry Opportunity, finds China to account for 98.5% of global sales in 2018. China not only leads in electric bus production but also the highest sales. This has created remarkably higher market opportunity for industry players in the country. As per the estimates, China will be able to replace 92% of conventional buses with electric buses by 2028. The industry is highly fragmented with presence of large number of government supported companies. Yutong accounted for majority of the regional share.

Request Report Sample (Report Excerpts, PDF): https://bekryl.com/sample/sample-request/?bekryl=Get-Electric-Bus-Sample-Report.

Some key trends from the global Electric Bus market:

Trend#1: Plant Expansion

Demand for electric bus has significantly increased in last few years. Various government is actively encouraging the deployment of e-buses with lucrative incentives. As such, companies are not only strengthening their marketing channels but also focusing on setting up production plant across continent. Plant expansion is a part of strategic importance. Pricing plays a key role in overall bus tenders. As such, local/regional production plants will greatly reduce the operational cost and ensure higher return on investment (ROI) on long term duration.

Companies are strategically focusing on plant capacity addition in order to lower supply chain gap. For instance, in 2017, BYD Company set up new electric bus manufacturing plant at Komaram, Hungary, in order to cater to growing demand in Eastern Europe. Another company Proterra set up manufacturing plant at Los Angeles, U.S. in the same year.

Trend#2: Focus on Battery Technology

Various electric bus manufactures focus on enhancing their battery technology and charging solutions through partnership and product development. These manufacturers focus on prolonging the bus run duration as well as minimizing the charging duration.

In 2017, Proterra Inc. partnered with LG Chem, a South Korea based chemical company, in order to develop battery cell optimized for the heavy duty vehicle market. Similar development is witnessed across other leading companies.

Trend#3: School Electric Bus Market to Create New Revenue Opportunities for Industry Players

While transit electric buses will continue to dominate the global sales, school electric bus will gain highest traction during the forecast period. The trend will be strong in North America, wherein school buses account for a larger share. As per the estimates, there are close to 460,000 school buses operational in U.S. The Government is focusing on phasing out conventional buses with e-buses in order to comply with sustainable growth. In 2016, U.S. government came up with grants worth US$ 7.7 Million for electric bus deployment across 88 participants. In 2018, U.S. government again came up with US$ 8.7 Million grant to either replace or retrofit the existing conventional buses. As per the 2018 EPA’s DERA Funding policies, a rebate of US$ 15,000 to US$20,000 per unit is applicable to buses with 2006 or older version.

Bekryl estimates the school electric buses will be a disruptive driving force in U.S.  Lower competition and government support will further help companies to drive high ROI. While there is immense opportunity, the deployment is expected to be partially slower and will gain high traction post 2023.

Some key global electric bus market players are Yutong, New Flyer of America, BYD Company Limited, AB Volvo, Daimler AG, Proterra, Inc., and Zhongtong Bus & Holding Co., Ltd.,. Also, other key contributors are Ashok Leyland, Ltd., Solaris Bus & Coach S.A., EBUSCO, Shenzhen Wuzhoulong Motors Co., Ltd, and Alexander Dennis Limited.

Electric Bus Industry Revenue Analysis By:

By Vehicle Type:

Hybrid Electric Vehicle

Battery Electric Vehicles

By Charging Infrastructure:

Ground Contact

Roof Pantograph

Gantry Pantograph

Plug Only

Induction

By Application:

Shuttles

Transit Buses

School Buses

Others

By Coach Length:

10-11 Meter

12-13 Meter

14-16 Meter

>18 Meter

By Drivertrain Technology:

Parallel Hybrid

Series Hybrid

Series Parallel Hybrid

About Bekryl

Bekryl Market Analysts is a global market research and consulting service firm that helps industry stakeholders to take smarter decisions and achieve remarkable growth in today’s disruptive business environment. We bring together data, leader’s opinion and analytical service to help client define their growth strategy ranging from mergers and acquisitions based strategic decisions to finding market opportunity in business verticals namely chemicals, food & beverages, automotive, electronics and industrial production.

By |2018-11-19T08:27:07+00:00November 19th, 2018|Latest Publications|

US$ 31 Billion Global Beauty Devices Market Value to Register 12.7% CAGR between 2018 and 2028

USD 31 Billion Global Beauty Devices Market Value to Register 12.7% CAGR between 2018 and 2028

According to recently updated report by Bekryl, the global beauty devices market value is expected to exceed US$ 86 billion by 2028. To procure full report, visit: https://bekryl.com/industry-trends/beauty-devices-market-size-analysis

Global beauty devices market value is expected to register a CAGR of 12.7% during the forecast period, finds Bekryl Market Analysts.

Industry players registered upward trajectory growth in first half of 2018 and is expected to carry forward the growth momentum throughout the forecast period. Top six beauty device players accounted for 76% of global revenue share. Cutthroat competition has led leading companies to adopt inorganic growth strategy. Mergers and acquisitions are expected to play a key role in shaping the industry growth.

Product pricing is another key trend noticed in the market. Hyper-competition has led players to launch economic price products. This in turn has led to higher market capitalization. Furthermore, direct sales channel is at the core of the marketing strategy for beauty devices manufacturers. The trend is likely to continue in the future with higher level of ecommerce platform adoption.

Download Global Beauty Devices Market Sample Report: https://bekryl.com/sample/sample-request/?bekryl=Get-Beauty-Devices-Sample-Report.

Few Key Excerpts from the Global Beauty Devices Market Report:

North America to Dominate the Global Sales Revenue in 2019: North America is estimated to account for 39% of global sales revenue in 2018. The region will continue to drive the healthy growth for industry players in 2019. Sheer size of middle aged population, higher healthcare and beauty care spending has created favorable business environment in the region. Also, there has been significant rise in skincare issues in the region. As per the recently conducted study, nearly 85% of young population are prone to acne in America.

Germany to Dominate the Western Europe Beauty Device Market:

In Europe, Germany accounted for over 26% of total regional sales. There are already well established players operational in Western Europe. Industry is highly consolidated with top six players accounting for 81% of total regional revenue share. The net consumer spending has increased by 2.15% in 2017 than that in 2016. This is expected to boost homecare beauty device market in the region.

At-home Beauty Devices Market to Gain Prominence:

At-home beauty device tools is registering impressive 22.6% growth – higher than the industry average. Demand for such tools has increased with rise in digitization and lower product prices. Philips, Beurer, and Home Skinnovations has expanded their product portfolio and holds considerable market share.

Leading Players are Focusing on Digitization and Product Innovation in Beauty Device Segment

Companies are focusing on product innovation in order to stay agile and build brand reputation. AS of 2018, midsize players are coming up with innovative products in order generate higher ROI. Leading players are facing pricing level differentiation from midsize companies. As a result, leading companies are actively leveraging various advanced features including IoT modules. Such initiative is expected to boost overall growth in already saturated beauty device market.

Mergers and Acquisition to be the Key Marketing Strategy

In the last few years, there has been various mergers & acquisitions that took place in the global beauty devices market. For instance, in 2017, L’Oréal acquired Valeant pharmaceuticals for US$ 1.3 billion in cash. The deal is intended to help L’Oreal expand its business presence with control over key brands – AcneFree, Ambi and CeraVe. Several such initiative is expected to take place in coming years as the industry is getting hyper-competitive with new players entering the white space.

To know more about beauty devices market trends and data, visit: https://bekryl.com/industry-trends/beauty-devices-market-size-analysis

Some key global Beauty Devices Market Players are The Proctor & Gamble Company, Home SKinovations Ltd, L’Oreal SA, Lumenis Ltd., Panasonic Corporation, Photomedax Inc., Carol Cole Company, TRIA Beauty, Inc., Syneron Medical, and Koninklijke Philips N.V.

Research Scope and Brief Research Methodology:

Beauty Devices Market, Product Type:

  • Hair Growth Devices
  • Oxygen and Steamer Devices
  • LED Therapy Devices
  • Cleansing Devices
  • Hair Removal Devices
  • Acne Devices
  • Skin Dermal Rollers
  • Cellulite Reduction Devices
  • Other Beauty Devices

Beauty Devices Market, By End-use:

  • At-Home Usage
  • Salons
  • Spas
  • Dermatology Centers
  • Others

Similar Report : https://bekryl.com/industry-trends/europe-beauty-devices-market-size-analysis

About Bekryl

Bekryl Market Analysts is a global market research and consulting service firm that helps industry stakeholders to take smarter decisions and achieve remarkable growth in today’s disruptive business environment. We bring together data, leader’s opinion and analytical service to help client define their growth strategy ranging from mergers and acquisitions based strategic decisions to finding market opportunity in business verticals namely chemicals, food & beverages, automotive, electronics and industrial production.

By |2018-11-18T06:43:31+00:00November 18th, 2018|Latest Publications|

US$ 37.3 Billion Global Breakfast Cereals Market Value to Register 5.7% CAGR Between 2018 and 2028

USD 37.3 Bn Global Breakfast Cereals Market Value to Register 5.7% CAGR between 2018 and 2028

Global breakfast cereals market value is expected to exceed USD 65 billion by 2028, finds Bekryl Market Analysts. Top seven players to account for over 90% of global revenue share. Over the last five years, the competition in breakfast cereals market has heightened with many regional players emerging in already saturated market. Companies are focusing on regional taste flavored products to ensure long term sustainability and gain market share over the time period. Globally, the industry will be driven by demand for healthy and organic breakfast cereal To procure full report, visit: https://bekryl.com/industry-trends/breakfast-cereals-market-share-analysis

Global breakfast cereals market is expected to exceed USD 65 billion by 2028, finds Bekryl Market Analysts.

Request Report Sample: https://bekryl.com/sample/sample-request/?bekryl=Get-Breakfast-Cereals-Sample-Report

Some key trends from the global Breakfast Cereals market:

Trend#1: North America to Dominate the Global Breakfast Cereal Market Revenue

North America is estimated to account for 36.9% of global revenue share in 2018. It is expected to hold its market dominance throughout the forecast period. The industry is highly saturated and is facing stiff competition from alternative breakfast segment. Millennial consumers have wide range of choices ranging from energy bars to biscuits. Cutthroat competition has led cereal companies to invest in product innovation. Various new flavor variants were launched in 2017 and 2018. The trend is likely to continue to maintain market presence. Also, companies are increasing their foodservice distribution networks to minimize the competition from outside the industry.

Trend#2: Breakfast Cereals Companies are Tapping Teens and Young Adult Population to Drive Revenue

Less than a decade ago, cereals use to enjoy the dominance on almost each age group. However, in last few years, the trend has shifted towards 12 to 21 age group population. There has been rise in overall consumption of breakfast cereals among teenagers as compared to middle aged and aging population. As such, companies are focusing mainly on enhancing products with wide range of flavors. Few companies are also investing on packaging to build brand reputation among young consumers.

Trend#3: Hypermarkets and Supermarkets to Account for 63% of Global Breakfast Cereals Sales in 2018

Offline shelves still dominate the global sales of breakfast cereals. Over 63% of breakfast cereals is estimated to be sold through hypermarkets and supermarkets in 2018. Large number of consumers prefer buying groceries from supermarkets. While supermarkets dominated the global point of breakfast cereals sales, independent grocery stores are preferred choice of consumers in South East Asia.

Trend#4: Organic Cereal Launch Likely to be at Center of Strategic Breakfast Cereal Business Expansion

Companies are focusing on launching organic cereals in order to provide healthy cereals and create brand presence among millennial. Recently in 2018, Cereal Partners Worldwide launched a range of organic breakfast cereals in Europe. Various such products are expected to be launched by 2028. Organic cereals is growing at a CAGR of 7.9% and will capture a chunk of market by 2028.

To procure the full report or gain key industry insights, visit: https://bekryl.com/industry-trends/breakfast-cereals-market-share-analysis

Some key global Breakfast Cereals market players are:

  • PepsiCo
  • Nestle
  • Marico Limited
  • Calbee Inc.
  • Bagrrys
  • General Mills
  • Kellogg Company
  • B&G Foods

Bekryl has analyzed the breakfast cereal market value by:

By Cereal Type:

  • Ready to Eat (RTE) Cereals
  • Hot Cereals

By Distribution Channel:

  • Supermarkets
  • Hypermarkets
  • Company Outlets
  • Grocery Stores
  • Convenience Stores
  • Online Sales
  • Others

About Bekryl

Bekryl Market Analysts is a global market research and consulting service firm that helps industry stakeholders to take smarter decisions and achieve remarkable growth in today’s disruptive business environment. We bring together data, leader’s opinion and analytical service to help client define their growth strategy ranging from mergers and acquisitions based strategic decisions to finding market opportunity in business verticals namely chemicals, food & beverages, automotive, electronics and industrial production.

By |2018-11-18T06:24:25+00:00November 18th, 2018|Latest Publications|

Global Medical Foods Market Value to Surpass US$ 17.5 Billion by 2028

Global Medical Foods Market Value to Surpass US$ 17.5 Billion by 2028

Bekryl forecasts Medical Foods Market to exceed USD 17.5 Billion by 2028, Top 5 players to account for over 84% of global share in 2018.. To procure full report, visit: https://bekryl.com/industry-trends/medical-foods-market-size-analysis

According to recently updated market intelligence report, the “Global Medical Foods Market” will exceed US$ 17.5 Billion by 2028. The industry is characterized by cutthroat competition and well distribution networks. It will register significant growth to create higher revenue opportunity.

Bekryl has revised the growth forecast for 2019 and 2020, citing strong sales in first half of 2018 and launch of various new products in the market.

Request Report Sample (PDF): https://bekryl.com/sample/sample-request?bekryl=Get-Medical-Foods-Sample-Report.

Key excerpts from the intelligence report:

North America to Dominate the Global Medical Foods Market till 2025: North America is estimated to account for 33% of global sales in 2018. The region is well equipped with healthcare infrastructure and possess higher healthcare spending than rest of the world. Consumers are more aware about medical foods benefit as compared to that in developing regions. As such, many players are capitalizing on the region to ensure higher ROI. There are over 60 companies operational in the region.

  • In 2017, Ajinomoto Corp, Inc. has acquired equity position in Cambrooke Therapeutics for nearly USD 64 million.
  • Another leading company – BASF Corporation – entered in distribution agreement with DIEM Labs LLC to commercialize its first U.S. medical food products for Non-Alcoholic Fatty Liver Disease (NAFLD) patients.

While the region will continue to dominate the sales revenue, it will lose its market share to emerging regions by 5.45% by 2028.

Asia Pacific Medical Foods Market to Surpass North America and Western Europe Sales by 2026: Asia Pacific is expected to gain 7.8% market share by end of forecast period. Growth in the region is primarily driven by increasing sales in China and India. China offers huge untapped market opportunity for industry players. This could be evaluated from the fact that there are over 123 Million geriatric population in China requiring healthy diet supplements and medical foods for higher quality of life. Many leading players are already emphasizing on distribution network and product launch in the region.

  • In May 2018, Nestle invested US$ 151.3 Million in two new factories in China. The strategic decision was taken as a part of increasing medical foods offerings in China and neighboring countries. Company is focusing on developing protein based liquid nutritional supplement in these factories.

New Entrants are Likely to Emerge in Medical Foods Market: Regularization of medical foods has led to emergence 0f many new players in the market. While few players are focusing on enhancing distribution channel, others are emphasizing on product R&D to ensure long term sustainability. For instance, BASF entered the Medical foods market in 2017. Such developments could potentially prove a challenge to already established players.

Medical foods market outlook is set to be competitive in future owing to increasing demand and emerging small scale players. Opportunity will exist due to large presence of geriatrics population. Personalized medicine is also acting as a major catalyst for medical foods demand.

Explore Key Medical Foods Market Insightshttps://bekryl.com/industry-trends/medical-foods-market-size-analysis

The industry is gaining wide scale recognition with few products coming in capsules form. Companies are spending on marketing strategies to assure the success rate. These players are distributing information sheets as well as conducting various seminars to bridge the gap regarding awareness. As such, Medical foods market is set to create lucrative market opportunity for industry players provided the companies adopt winning strategies.

Few Companies profiled by the Bekryl are:

  • Nestle
  • Primus Pharmaceutical
  • Mead Johnson Nutrition
  • Epitech
  • Grunbiotics
  • Belupo
  • Medifood
  • B.Braun
  • Danone
  • Norsa Pharma
  • Abbott
  • Glycemicon AG

The report offers revenue analysis by:

Disease Ailment

  • Diabetic Neuropathy
  • Depression
  • ADHD
  • Alzheimer Disease
  • Eating Disorders
  • Surgery and Trauma
  • Others

By Product Type:

  • Pills and Tablets
  • Powder
  • Other Products

By Route of Administration:

  • Oral
  • Enteral

About Bekryl

Bekryl Market Analysts is a global market research and consulting service firm that helps industry stakeholders to take smarter decisions and achieve remarkable growth in today’s disruptive business environment. We bring together data, leader’s opinion and analytical service to help client define their growth strategy ranging from mergers and acquisitions based strategic decisions to finding market opportunity in business verticals namely chemicals, food & beverages, automotive, electronics and industrial production.

By |2018-11-18T07:03:28+00:00November 18th, 2018|Latest Publications|

Global Robotic Process Automation Market to Surpass USD 11 Billion by 2028

Global Robotic Process Automation Market Value to Surpass USD 11 Billion by 2028

Global Robotic Process Automation Market is set to create 13X higher revenue opportunities for vendors in another 10 years. The rising popularity is attributed to the fact that RPA lowers the operational costs by 70% and enhances ROI on longer term. While the opportunities are fairly high, companies need to understand the actual market potential and key industry dynamics in order to ensure long term profitability. Bekryl has analyzed the total market potential and competitive analysis across 27+ major countries to help companies understand the actual industry trends. To procure full report, visit: https://bekryl.com/industry-trends/robotic-process-automation-market-size-analysis

Global Robotic Process Automation (RPA) market is expected to surpass USD 11 billion by 2028– with a forecast growth of 30% between 2018 and 2028.

robotic process automation market to witness 13X increase in revenue by 2028 (snapshot from the industry report)

In the last two years, there has been impressive surge in RPA deployment across worldwide. The trend is quite strong in Europe and North America. Increasing digitization and higher integration of internet of things (IoT) has created favorable ecosystem for industry vendors. The tool not only helps in lowering the operational cost but also enhances return on investment (ROI) through automation. As per the estimates, companies are able to save over 70% operational cost through RPA. Much of the usage of RPA is expected to be seen in business process management and will account for 35% of total share by 2025.

Request Global Robotic Process Automation Market Sample Report: https://bekryl.com/sample/sample-request/?bekryl=Get-Robotic-Process-Automation-RPA-Sample-Report.

Few key trends from Robotic Process Automation Market Report:

Trend#1: North America to Dominate the Global Robotic Process Automation Market Share

North America will account for over 58% of global sales in 2018. Higher spending on R&D along with high level of automation has created favorable business environment in the region. It is expected to continue its dominance before losing market share to developing regions by the end of forecast period. While the industry is set to register impressive growth, resistance from internal IT companies along with unclear model on Total Cost of Ownership (TCO) are key challenges faced in the region.

Western Europe will be another key destination for vendors. The Region is characterized by the presence of well established companies. Jacada Inc., Be Informed B.V., UiPath, Blue Prism Group Plc, Automation Anywhere Inc., and OpenSpan are key players with Automation Anywhere being the market leader. Germany accounted for 28% of regional share and will witness 2X increase in revenue by 2023. Over 85% of companies are expected to use RPA for operational efficiency in Germany by 2023.

Trend#2: Multinational Companies (Revenue >US$ 350 Million) to Dominate the Global Robotic Process Automation Market

Much of the robotic process automation will take place in large scale enterprises. High capital influx along with in-built IT infrastructure are key factors driving the installations of such software in organization. These leading organizations spends nearly 250X higher amount on automation than that by mid-scale companies.

Trend#3: BSFI and IT to collectively account for 52% of Global Installation in 2018

High security features, lower turnaround time along with faster technology adoption has led to wide scale RPA demand from BFSI and IT sector. RPA eases the IT infrastructure setup in BFSI sector and prevents fraudulent activities – thereby ensuring high level of security, better customer engagement and good profit margins. The system bridges the gap between BPM and ERM systems. Each year, the banking sector spends nearly 18% on IT infrastructure and security maintenance. Installation of RPA will help minimize such spending to large extent.

To know more about Global Robotic Process Automation market trends and data, visit: https://bekryl.com/industry-trends/robotic-process-automation-market-size-analysis

Be Informed B.V., Blue Prism xGroup Plc, Automation Anywhere Inc., Jacada Inc., and OpenSpan are key vendors covered the robotic process automation market report.

Research Scope and Brief Research Methodology:

Robotic Process Automation Market, By Application:

  • BFSI
  • Healthcare
  • Retail
  • Telecom
  • IT services
  • Insurance
  • e-commerce
  • Manufacturing
  • Chemicals
  • Others

Robotic Process Automation Market, By Organization Size:

  • Large Scale Enterprises
  • Mid-Scale Enterprises
  • Small Scale Enterprises

Robotic Process Automation Market, By Automation:

  • Assisted Automation
  • Unassisted Automation

By Deployment:

  • Cloud/SaaS
  • Server (VMs)

Robotic Process Automation Market, By Tools

  • Model Based
  • Process Based

Robotic Process Automation Market, By Service

  • Training and Consulting
  • Professional

 

 

By |2018-07-03T04:17:58+00:00July 3rd, 2018|Latest Publications|

Global Geospatial Imagery Analytics Market to Surpass USD 20 Billion by 2025

Global Geospatial Imagery Analytics Market to Surpass US$ 20 Bn by 2025

Global geospatial imagery analytics market is bound to register impressive 27% growth for next ten years owing to increasing integration of IoT and artificial intelligence. The recently released report by Bekryl covers in-depth information on how the industry will shape in another ten years with total incremental opportunities for key players. The 250+ page report gives detailed level insights across 27+ countries. To read more/download sample/purchase report, visit: https://bekryl.com/industry-trends/geospatial-imagery-analytics-market-size-analysis

The industry is expected to exceed USD 20 billion by 2025 – registering a CAGR of 27% during the forecast period.

The industry is highly dynamic with rapid technological advancements. As a result, the industry landscape is getting highly competitive with large number of companies entering in the white space. Product development is the key strategy witnessed in the industry. Companies, in order to ensure sustainable growth, are focusing highly on artificial intelligence and machine learning.

Download Global Geospatial Imagery Analytics Market Sample Report: 

Download Report Sample (PDF)

Bekryl’s market research report, Global Geospatial Imagery Analytics Market Size Analysis and Industry Opportunity, finds Western Europe to account for 37% of global sales in 2018. The region is bestowed with well-developed infrastructure with high level of industrial automation. Moreover, the security spending has increased by 5.7% in most parts of Western Europe. As such, geospatial data is actively analyzed by law enforcement agencies and military tactical operations. These analytics helps from mapping to alert and predictions.

Asia Pacific is the fastest growing region and will take over Europe geospatial imagery analytics market size by 2020. Higher adoption of connected devices along with large number of internet based users are key factors driving the regional geospatial imagery analytics. The growth in the region will be primarily driven by China. Surveying and mapping accounts for largest usage in the country. Over 18 thousand enterprises are certified to offer mapping and surveying services in China. Various government initiatives are also creating favorable business environment.

Some key trends from the global Geospatial Imagery Analytics market:

Trend#1: Government and Military Sector will dominate the Geospatial Imagery Analytics Market

Government sector (law enforcement) accounted for majority of the global share. Increasing industrialization and demand from private sector will lead to decline in market share by nearly 600 basis points during the forecast period.

Trend#2: Imagery Analytics to Account for 73% of Global Share in 2018

While imagery analytics will account for close to quarter of the industry share, rapid technological innovation in IoT will help create demand for video-based imagery systems.

Trend#3: Surveillance and Monitoring to be the Key Application

The industry is still at its initial growth curve. As such, much of the application is concentrated to surveillance and monitoring purpose. Surveillance and monitoring will account for 33% of global geospatial imagery analytics application.

Trend#3: Mergers and Acquisitions to be Key Inorganic Growth Strategy

Industry consolidation is one of the key trend witnessed in the industry. In February 2018, Esri acquired ClearTerra. The acquisition is intended to offer ArcGIS platform users the ability to discover and extract geographic coordinates from unstructured textual data. Similar such development was witnessed in 2017. MacDonald, Dettwiler and Associates Ltd. (MDA) acquired DigitalGlobe Inc. to diversify its space based solutions.

Some key global Geospatial Imagery Analytics Market Players are Google Inc. Fugro Inc., SpaceKnow Inc., Maxar Technologies Ltd., Harris Corporation, Hexagon AB Trimle Inc., Planet Labs, Inc., UrtheCast Corp., KeyW Corporation, RMSI, Satellite Imaging Corporation, and Skylab Analytics.

Geospatial Imagery Analytics Market, By Industry Verticals

  • Government and Military Sector
  • Mining
  • Petrochemicals
  • Healthcare
  • Construction and Civil Engineering
  • Power and Energy
  • Agriculture
  • Forestry
  • Media and Entertainment

Geospatial Imagery Analytics Market, By Type:

  • Image Analytics
  • Video Analytics

Geospatial Imagery Analytics, By Application:

  • Surveillance and Monitoring
  • Resource Management
  • Disaster Management
  • Conservation
  • Forensics
  • Archaeology
  • Exploration and Exhibitions

Geospatial Imagery Analytics Market, By Carrier Mode:

  • Commercial Drones
  • GIS
  • Satellites
By |2019-06-19T13:17:44+00:00June 30th, 2018|Latest Publications|

Global Flexible Display Market to Register 69% Growth in 2019

Global Flexible Display Market to Register 69% Growth in 2019

Global Flexible display market is set to register impressive growth in next ten years fueled by various technological factors. Demand is escalating from various smartphones and consumer electronics manufacturers. By 2028, a  major portion will be captured by flexible display. While there is huge opportunities, companies need to adopt calculated growth strategies to ensure long term profitability and business sustainability. Bekryl has launched 270+ page exhaustive research report that gives clear picture on how industry is going to be shaped in another ten years – highlighting the key market opportunities for new entrants as well as industry leaders. To know more about industry trends/ download research sample, visit: https://bekryl.com/industry-trends/flexible-display-market-size-analysis

Global Flexible Display Market Value is expected to surpass USD 3.2 billion in 2018 and will register a CAGR of 63% between 2017 and 2028. Over 125 million units of flexible display were shipped in 2017. The number is expected to more than double by 2020. This is a white space opportunity for engaged players and will help in generating high ROI during the forecast period.

Download Sample (PDF)

The industry is highly consolidated with engaged companies primarily focusing on product development to differentiate their market positioning. Nearly 700 patents were filed between 2015 and 2017 with Samsung and LG accounting for highest number of patents. Global flexible display market will become hypercompetitive with advancement in technology and emergence of new entrants in the market.

Bekryl’s market research report, Global Flexible Display Market Size Analysis and Industry Opportunity, finds North America to account for 43% of global share in 2018. The region has been at the forefront of adopting newer technology. While North America accounted for majority of the share, Asia Pacific will takeover the North America in terms of net revenue by 2020. This is primarily attributed to China’s strong macroeconomic outlook. Also, South East Asian Countries are registering impressive growth in industrial production. Collectively, the region represents 2.3 billion smartphone users with high sales of electronic products.

Some key trends from the Global Flexible Display Market:

Trend#1: Increased Consolidation in Flexible Display Market

According to Bekryl Market Analysts, the industry is highly consolidated with leading 5 players accounting for 88% of global share. Samsung and LG flexible display accounts for the highest share.

Trend#2: Plant Capacity Expansion

Global Flexible Display Market has grown manifolds since 2012. Companies are investing heavily on increasing their production capacity to meet the global demand. While Korea enjoys being the market leader in term of production capacity, China is increasingly investing in the technology to create favorable ecosystem for engaged companies.

In 2017, China based firm –BOE – announced the mass production of flexible displays in China. Similar such development was seen with Samsung announced to build world’s highest flexible display OLED plant capacity.

Trend#3: OLED to dominate the Flexible Display Industry by Technology

OLED to account for 77% of global share in 2018. OLED are self-emitting color gamut without staked structure. Much of the traction will be from smartphones and TV display demand.

Some key global Flexible Display market players are Samsung Electronics Co., Ltd, LG Display Co., Ltd, Innolux Corporation, AU Optronics Corp., Japan Display Inc., Hannstar Display Corporation, Koninklijke Philips N.V., Chunghwa Picture Tubes Ltd, Osram Licht AG, BOE Technology Group Co., Ltd, Panasonic Corporation, Sharp Corporation, Acuity Brands Lighting, Inc., Pioneer Corporation, Ritek Corporation.

By |2018-06-29T12:01:11+00:00June 29th, 2018|Latest Publications|

Global Forestry and Agriculture Drones Market to be valued over US$ 460 Million in 2016

Global Forestry and Agriculture Drones Market to be valued over US$ 460 Million in 2018

By |2019-06-20T07:12:39+00:00June 13th, 2018|Latest Publications|