Market Highlights
Rising adoption of Industry 4.0 and increasing demand for enhanced network connectivity are the factors driving the growth of the global communications interface market. Industry 4.0, a smart technology standard, has witnessed wide adoption in the manufacturing/production and related industries to boost the efficiency of operations. The adoption of industry 4.0 requires intelligent networking devices to communicate with each other.
Get a Free Sample @https://www.marketresearchfuture.com/sample_request/10086
Segmentation:
By component, the communications interface market has been segmented into hardware modules and services. The services segment has been divided into implementation and support and training. Among the components, the hardware modules segment is expected to dominate the market owing to the increasing adoption of communications interface modules across various application areas for effective and seamless data communication between the devices.
By the number of ports, the market has beensegmented into 1-Port and 2-Port. Among these, the 2-Port segment is expected to register the higher CAGR during the forecast period owing to enhanced data transfer capabilities that the 2-Port devices offer.
By mode of communication, the market has been segmented into wired and wireless. The wired segment has been further segmented as Ethernet, USB, RS-232/RS-485, and others, whereas the wireless has been further segmented as Wi-Fi, Bluetooth, Zigbee, NFC, and Others. Among these, the wired segment is expected to dominate the market. Serial ports are currently the most widely used communication interfaces and involve the use of cables.
By application, the market has beensegmented as industrial networking, battery monitoring systems, remote sensors communications, railway signaling systems, machine to machine communication, and others. Among these, the remote sensors communications segment is expected to record the highest CAGR during the forecast period due to the growing adoption of IoT technology across various industry verticals, which increases the need for communications interfaces for remote sensors communications.
Regional Analysis
By region, the market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The North American market has been segmented into the US, Canada, and Mexico, the European market has been further segmented into Germany, the UK, France, and Italy, the Asia-Pacific market has been sub-segmented into China, Japan, India, and South Korea, the Middle East & Africa market has been sub-segmented into Saudi Arabia, UAE, and South Africa, and the South American market into Brazil, Argentina, and Colombia.
Key Players
The global communications interface market is expected to grow significantly in the coming years due to the presence of numerous key players active in the regional markets. Omron (Japan), Honeywell International, Inc. (US), Texas Instruments (US), ABB (Switzerland), PR Electronics (Denmark), Eaton Corporation (Ireland), Gauging Systems (US), Rockwell Automation (US), ProSoft Technology (US), Parker Hannifin (US), Lenze (Germany), API Nanotronics (US), Qualcomm (US),Cisco Systems, Inc. (US), and NXP Semiconductor (Netherlands)are the companies leading the communications interface market globally.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/communications-interface-market-10086
Communications Interface Market Research Report: By Component (Hardware Modules and Services {Implementation and Support and Training}), By Number of Ports (1-Port and 2-Port), By Mode of Communication (Wired {Ethernet, USB, RS-232/RS-485 and Others}, Wireless {Wi-Fi, Bluetooth, Zigbee, NFC and Others}), By Application (Industrial Networking, Battery Monitoring Systems, Remote Sensors Communications, Railway signaling systems, Machine to Machine Communication and Others) - Forecast till 2026
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: [email protected]
Digital banking is the paperless way of conducting financial transactions through your bank using a mobile application.
It contains projections for revenue and growth for the period of 2016 to 2022 (forecast period) as well as the implications of the COVID-19 pandemic on the market.Market ScopeThe global digital banking market size is projected to scale at a CAGR of 8% over the forecast period.
It can grow rapidly owing to increasing internet speeds and swelling size of smartphone users.
The proliferation of information technology into the banking sector is expected to drive market growth over the forecast period.
But the curtailing of budgets can affect the market growth.However, digital illiteracy among the elderly and lack of networking infrastructure in developing economies can threaten the market growth.
Rich financial sectors in the U.K., France, and Germany are major contributors towards the growth of digital banking in the region.
Automotive Brake Valve Market is projected to Grow at 5% CAGR by 2025.Global Automotive Brake Valve Market Research Report: Information by Product Type (Metering, Pressure Differential, Proportionating, Combination, Hydraulic and others), Material Type (Steel, Copper, Brass and others), Vehicle Type (Passenger Cars, LCV and HCV), Sales Channel (OEM and Aftermarket) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2025Global Automotive Brake Valve Market OverviewThe braking is the most important system in a vehicle from a safety.
Numerous brake valves are used in an air brake system that either apply or release air from the brakes and work together to ensure safe braking and control applications.
A vehicle with rear and front sets of brakes comprise a pair of inversion valves for supplying air piloting pressure to the brake control valves and a pair of brake control valves for communicating a source of pressurized fluid to control the brakes, individually.Dual circuit brake valves increase and decrease the pressure in the brake cylinders of the motor vehicle.
The brake valves are delivered with level actuations, running plates, and tappets.
As both the primary and secondary circuits lie among each other, the failure of one circuit does not affect the other one.The increasing concern of vehicle OEMs to provide optimum safety with better braking systems is expected to drive the global automotive brake valve market during the forecast period.
Furthermore, innovations and advancements, such as the anti-lock braking system, electronic stability control, and dynamic stability control in the global automotive brake valve market are expected to create opportunities for the players operating in the global market during the forecast period.Get Free Sample @ https://www.marketresearchfuture.com/reports/automotive-brake-valve-market-8540Segmentation:Based on product type, the pressure-differential brake valves segment is projected to be the dominant segment throughout the forecast period due to its ability to modulate pressure to the rear brakes under heavy loading.
Market Research Future (MRFR) has offered an assessment which unravels that the global data analytics market is expected to garner a valuation of USD 77.64 Bn by 2023 up from USD 12.01 Bn in 2016.
It is also expected that the global market I presumed to strike a CAGR of 30.08% over the forecast period 2017 to 2023.Market Drivers & ChallengesData analytics is the process that involves analyzing, storing and collecting large data sets to discover trends and more useful information that can be used for relevant business decisions.
In the recent times, companies have implemented big data analytics to increase the organization's sales, customer service, enhance logistics, improve efficiency, and risk management in the crisis caused due to COVID 19 pandemic.
The mount in the adoption of this aspect of data analytics, including machine learning and AI solutions has skyrocketed data analytics generation, and its need robust implementations have scored the market’s value to a great extent.The global data analytics market has witnessed continuous and robust augmentation in the past few years and is proposed to continue this same path.
In the past some years, data analytics has been primarily used to empower organizations to make the most profitable business choices.
Among these, the predictive segment held the largest share in 2016 and is expected to maintain its holding over the next few years.On the basis of solution, the segmental assessment of the data analytics market covers data management, data visualization, data mining, fraud & security intelligence, and data monitoring.
Market HighlightsThe global market for Industrial IoT Platform will most probably hold a value of USD 650 million during the forecast period (2016-2022), Market Research Future (MRFR) mentions in its new report.
MRFR also says that the market can potentially achieve a whopping growth rate of 23% in the given timeframe.Market Drivers and Key RestraintsCompanies everywhere are striving to build a solid IoT platform and are putting in efforts to become highly active in this aspect, in a bid to inch closer to their business goals.
It helps apply intelligence as well as analytics to learn and elevate the performance of the present devices.
Its main objective is to monitor, sophisticated controls, build parameters, and also look for solutions that can bring down the downtime and augment the overall productivity of the asset.
These qualities of IIoT is bound to create high demand among organizations all over the world, who are increasingly learning about its benefits and how they can be used in their favor.Digital manufacturing technologies have become a boon for all the manufacturers, with IIoT playing an important role in the deployment of digital manufacturing.
The industrial internet of things market can achieve greater heights in the near future, thanks to the increasing collaboration between industry stakeholders coupled with the soaring demand for the connected supply chain.
5-aug-19 This report studies the global Online Machine Condition Monitoring Equipment market status and forecast, categorizes the global Online Machine Condition Monitoring Equipment market size (value & volume) by manufacturers, type, application, and region.
This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).The major manufacturers covered in this report Emerson ElectricGeneral ElectricHoneywellNational InstrumentsSKFALS Ltd.MeggittParker HannifinRead the in depth blog @ https://www.radiantinsights.com/research/global-online-machine-condition-monitoring-equipment-market-research-report-2019Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, coveringNorth AmericaEuropeChinaJapanSoutheast AsiaIndiaWe can also provide the customized separate regional or country-level reports, for the following regions:North AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanOn the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split intoVibration SensorsInfrared SensorsSpectrometersUltrasound DetectorsOthersOn the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, includingOil & GasPower GenerationMetals & MiningChemicalsAutomotiveAccess the Case Study @ https://www.radiantinsights.com/research/global-online-machine-condition-monitoring-equipment-market-research-report-2019/request-sampleAvailable CustomizationsWith the given market data, QYResearch offers customizations according to the company's specific needs.
The following customization options are available for the report:Regional and country-level analysis of the Online Machine Condition Monitoring Equipment market, by end-use.Detailed analysis and profiles of additional market players.If you have any special requirements, please let us know and we will offer you the report as you want.
The major factors driving the growth of this market are the rising demand for point-of-care testing, technological advancements, increasing focus on data precision and accuracy, fast return on investments, growing demand for miniature portable devices, and growing demand for consumer electronics and wearable devices.According to MarketsandMarkets Research “Microfluidic Components Market by Product (Valve, Solenoid Valve, Check Valve, Nozzle, Tubing, Micropump, Microneedle, Shuttle Valve), Industry (Automotive, Aerospace & Defense, Healthcare, Consumer Electronics, Oil & Gas) – Global Forecast to 2024″ is expected to reach USD 6.1 billion by 2024 from an estimated USD 3.3 billion in 2019, at a CAGR of 12.7%.Recent developments in Industry;# In December 2017, Parker launched VSO LowPro GC, a microfluidic valve.# In 2018 Parker Aerospace, a business segment of Parker Hannifin Corporation, opened its second global Customer Response Center (CRC) in Singapore, with the aim to provide more local insights and potentially faster resolution of issues.# In December 2017, IDEX Health and Science acquired thinXXS, a manufacturer of disposable microfluidic components for the point of care, veterinary and life science markets.Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=223516809Solenoid valves segment is expected to grow at a higher CAGR;Based on valve type, the microfluidic components market is segmented into solenoid valves, flow control valves, check valves, shuttle valves, pressure relief valves, proportional valves, and other valves.
Solenoid valves are expected to grow at the highest CAGR during the forecast period due to factors like increased application scope in the automotive industry, the shift towards renewable sources for power generation, growing investments in various industries, and increasing government regulations on end-use industries across developing economies.The healthcare segment is expected to account for the largest share of the microfluidic components market in 2019;The healthcare industry segment accounted for the largest share of the market in 2019.
The large share of this segment can be attributed to factors such as, high healthcare spending, growing demand for process automation, rising government funding in the healthcare sector, growing demand for point-of-care testing, and demand for enhanced safety.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=223516809The microfluidic components market in the Asia Pacific is estimated to grow at the highest CAGR during the forecast period.
Increasing industrialization, investments in water infrastructure, growth in various industries (such as chemicals, power & energy, and aerospace), increasing number of infrastructural development projects (especially in China and India), rising standard of living, and growing urbanization are factors driving the adoption of microfluidic components in the Asia Pacific.Key Market Players;The prominent players in the global microfluidic components market are Parker Hannifin Corporation (US), IDEX Corporation (US), Fluigent SA (France), Staiger GmbH & Co. KG (Germany), SMC Corporation (Japan), Camozzi Automation Spa Società Unipersonale (Italy), Aignep s.p.a. (Italy), FIM Valvole Srl (Italy), Humphrey Products Corporation (US), The Lee Company (US), Dolomite Microfluidics (UK), Cellix Ltd. (Ireland), Elveflow (France), and Christian Bürkert GmbH & Co. KG (Germany).Parker Hannifin is a leading manufacturer of motion & control technologies and systems that provide precision-engineered solutions for the commercial, mobile, industrial, and aerospace markets.
The company has engineering expertise in a broad range of core technologies, which helps it to solve various engineering challenges.
The company has a strong geographical presence and sells its products across the globe.To expand its territorial reach, the company sells its products in Asia and the Middle East through its strong distribution network.
