Market Trends

Pneumatic Components and Systems are those operated by pressure from air or a gas. Pneumatic systems are typically powered by compressed air or compressed inert gases, primarily nitrogen. These systems are utilized for a number of applications including in automotive, food and beverage, packaging and pharmaceutical industries. The growing demand for automated systems in the food and beverage industry has witnessed the adoption of a number of pneumatic based systems for varying applications. The growing demand for food safety in the food and beverage industry has witnessed increased usage of pneumatic conveyor systems for transporting food. These pneumatic systems are also utilized in the packaging of food to prevent contamination. The growth of process automation market in Europe and North America has led to increased usage of control valves and pneumatic actuators. The automation industry is among the prime drivers for this market as increased usage of pneumatic robots such as pick a

Transportation Management System Market Overview Transportation Management System (TMS) Market size was  valued at $8.9 billion in 2020, and it is estimated to grow at a CAGR of 17.6% d uring 2021-2026. The growth of the TMS system is attributed to adoption of advanced technologies such as IoT, machine learning, artificial intelligence and others. Trucking software assists in managing the supply chain management in trucking logistics industry. Increasing investments on transportation and logistics software solutions is estimated to propel the transportation management industry during forecast period 2020-2025. Apart from time, traffic congestion upsurges carbon footprints of an area due to prolonged stationed vehicles, fuel loss, and road fatalities. With both ecological and economic adverse effects pertaining to traffic, TMS system market based on advanced telecommunication and information technology such as  GPS   and cloud service is gaining traction as an imperative asset for the

Overview Managed Print Services Market is forecast to reach $58.6billion by 2025, after growing at a CAGR of 10.18% during 2020-2025. It allows small, medium and large scale enterprises to eliminate print servers and streamline print management thereby increasing the efficiency by cut down on consumables usage for good. It also allows the organizations in print fleet management by providing the managed document services across the globe.The report covers Managed Print Services Market size by type and applications, Managed Print Services Market share by top 5 companies and also the market share by start-ups during the forecast period. Key Takeaways North America dominated the managed print services market during the forecast period owing to the high manufacturers’ presence impacting the potential revenue of the region in 2018. BFSI industry is analyzed to hold the highest market share owing to the significant usage of these services in the industry. Increasing adoption of big solutions

Property Management Market Overview: The United States is rapidly progressing with newer infrastructures and technologies developed frequently which also gradually boosts the overall economic statistics in this part of the world. Business, here, is overwhelmingly growing with many stimulating product launches and supportive management and statistical techniques. According to the Small Business and Entrepreneurship Council, nearly 5.6 million employer firms were reported to be working in the U.S. in 2016.  Establishment of large scale business organizations and firms have encouraged the growth of lease commercial buildings, real estates, and other private and public property management which is why North America held a huge regional share at 38.48% in the global property management market in 2018. Nowadays property management services not only incorporates overseeing of personal, commercial, rental, or governmental assets but also includes its maintenance and monitoring through advance

Confocal Sensor Market Overview Confocal Sensor Market is forecast to reach $804.6 million by 2025, growing at a CAGR of 8.4% from 2020 to 2025. Sensors are used in every electronic product in everyday life & with advancements in technology, the demand for instrumentation and automation has increased over the years and is expected to rise further with the highest possible demand in the future. The confocal sensor is used for distance and thickness measurement with high resolution and measuring rate. Various sensor models and controller interfaces open up flexible application areas, e.g. in the semiconductor industry, glass industry, medical engineering and plastics development. Because they project a very small spot onto the target, the sensors measure fine structures. Confocal chromatic measurement devices can be used to measure distances and the thickness of transparent materials. The emergence of innovation and smart manufacturing, increased policy initiatives towards medical r

Using internet of things with artificial intelligence are now making the technologies more advanced, before when AI was not connected with IOT, it becomes tough condition for machine to analyze large amount of data, but now while engaging with AI, IOT can easily analyze and transfer the required amount of data to its connected devices. The Internet of things artificial intelligence market is expected to grow at a CAGR of 23% during the forecast period i.e. 2018 to 2023. What is Internet of Things Artificial Intelligence ? Internet of things artificial intelligence is a combination of connecting the device to internet and other connected devices and analyzing the big data and provide the required amount of data to the device respectively. Due to the use of AI in IOT, data analyzing and analytics problems is being solved as it is done by AI in better way. Market Research and Market Trends of Internet of Things Artificial Intelligence (IoT AI) Market: Analyzing the data was already in en