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Smart fabrics, also known as smart garments, smart textiles, electronic textiles, or smart clothing are a type of fabric in which digital components and electronic devices such as LEDs, batteries, integrated circuits, conductors, and others are embedded to offer an added value to the wearer. Smart fabrics can be categorized as aesthetic and performance enhancing. Such fabrics can be made from various types of materials including cotton, polyester, nylon, and Kevlar, among others.

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Market Dynamics

Reducing size of smart electronic devices which can easily be embedded in smart fabrics is the major factor driving the market growth. Smaller size of electronic components not only reduces the weight of the fabric but also gives comfort to the wearer. These smart fabrics are used in various applications such as health management, communication, and actuation.

As per Coherent Market Insights, in 2014, around 12 million sports-related injuries were observed, which led to economic burden of around US$ 33 billion, of which 50% of the injuries were estimated to be preventable by the use of smart fabrics.

Growing applications of smart fabrics across various industries including health, beauty, entertainment, defense, healthcare, transportation, and food & beverages, among others is expected to offer lucrative growth opportunities for the electronic fabrics makers in the near future. Smart fabrics have considerable adoption in defense & military applications where it is used to protect the users from environmental changes. For instance, a bulletproof vest senses the bullets impact and stops penetration in the body.

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Regional Analysis

On the basis of geography, the global smart fabrics market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America and Europe are dominant regions in the smart fabrics market, owing to presence of large number of manufacturers of smart fabrics in these regions such as Bebop Sensors, Triton Systems, Vista Medical, Advanced Fabric Technologies (AFT), Loomia, Siren, and Grabit. Furthermore, increasing sales of the sports products and equipment is also, expected to aid in growth of these markets.

For instance, according to report by Sport and Fitness Industry Association (SFIA), sports equipment sales in the U.S. increased by 3.1% in 2018 as compared to the previous year. China was the third largest textile industry in the world in 2016-2017 by the records published by International Trade Organization (ITA) and is expected to be the dominant in the region throughout the analysis period (2017-2025).

Key players

Key players operating in the smart fabrics market includes AIQ Smart Clothing Inc., E. I. Du Pont De Nemours and Company, Google, Texas Instruments, Kolon Glotech, Interactive Wear AG, Ohmatex, Schoeller Textil AG, Sensoria, Textronics, Inc. Adidas Group, Outlast Technologies LLC, Milliken & Company, KCWW, and International Fashion Machines

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Mine clearance or demining systems refers to the minesweeping and removal of land mines from particular location through utilization of detectors and mechanical tool incorporated in the vehicles. These systems are provisioned with safety systems and required robustness provided to sustain the explosions of the ROW and other improvised explosive devices. Prominent applications of these systems include military and humanitarian. Alternative means include manual operations assisted by tools such as metal detectors, trained animals, acoustics among few others to detect the explosives. However, owing to substantial threats to human lives and the ecosystem by these alternative approaches, mine clearance system market is expected to witness strong growth prospects over the forecast period.

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According to Landmine Monitor 2016 by International Campaign to Ban Landmines (ICBL), countries with more than 100 km2 of mine contamination include Angola, Chad, Afghanistan, Thailand, and Cambodia. This positions these countries as highly lucrative markets for mine clearance systems over the forecast period.

“High number of casualties through manual demining and disarming the explosive remnants of war (ERW) over the past years will necessitate the deployment of mechanical mine clearance system”

According to the ICBL reporting in 2016, manual deminers casualties were around 1,675 over the period of 1999 to 2015. Moreover, these numbers have significantly escalated year-on-year even after constantly developing the operating procedures, demining standards or equipment. However, these demining machines are designed to detonate the underlying explosives with minimal damage to the actual equipment. Incorporation of flails, tillers, manual and remote controls to enhance the operational capabilities and enhance the safety user safety through bullet proof designs are among the major factors fueling the demands. Moreover, Anti-Personnel Mine Ban Convention or known as the Mine Ban Treaty, that has around 162 state parties to the treaty, has obligations for the states to clear all the mines as soon as possible. Requirement to comply with the convention within the stipulated deadlines requested, will propel the growth of the mine clearance system market over the coming years.

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“High initial cost, expensive maintenance, and lack of skilled professionals is among the prominent factors impacting the industry growth negatively”

Complex operational machinery and the danger of abrupt mishaps due to mishandling is among the major concerns of the users. These mechanical machines were developed, to reduce the onsite casualty rates, however, portray the reverse image owing to these reasons. Moreover, the high initial and maintenance cost, in conjunction with the carrying effectiveness depending on the ambient conditions is among the major factors hampering the growth of the mine clearance system market. Moreover, manufacturers find it difficult to meet the United Nations standard of 99.6% clearance for humanitarian demining.

Manual mode of operation segment held the largest mine clearance system market share in 2016, owing to the lack of skilled professionals and the difficulty in remote operation of these heavy machinery. Moreover, remote operations also enhance the probability of errors in handling of the explosives. However, owing to increasing development in the functionality and safety of the remotely operated machineries, these are expected to find substantial growth prospects over the coming years.

Market Dynamics
Extensive stretches of land that may potentially threaten loss of human lives, the biological eco-system and human property owing to the presence of the explosives or landmine as remnants of war, or internal disputes is the prominent growth driver of the mine clearance system market. High number of civilian casualties in the past due to these explosives has led to substantial increase in the global concern and formation of International Campaign to Ban Landmines (ICBL). Moreover, other humanitarian activities to support the international ban such as Geneva International Centre for Humanitarian Demining (GICHD), Norwegian People’s Aid, and Halo Trust among few others will also present strong growth opportunities over the forecast period. However, high initial costs, maintenance costs, and lack of skilled workforce are expected to hamper the industry growth over the forecast period.

Mine Clearance System Market: Competitive Background
Key participants in the mine clearance system market include the Aardvark Clear Mine Ltd., Armtrac Limited, CEFA, Digger DTR – Demining Technologies, DOK-ING d.o.o., Hydrema Holdings ApS, MineWolf Systems AG, Rheinmetall AG, Scanjack AB, and Way Industries a.s.

Gallium nitride (GaN) compound is a hard semiconductor material featuring a wide band gap (energy gap) of 3.4 electronvolts (eV) with high heat capacity and thermal conductivity. GaN finds significant applications in power devices used in electrical energy control systems and conversions including telecommunication, industrial, automotive, and high RF antennas and radar in aerospace and defense technologies are expected to provide opportunities for growth of the GaN market over the forecast period.

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Substantial growth of end-use verticals is expected to boost market growth
Advancements in technology related to GaN power devices are enhancing the computational power of all systems, in turn boosting market growth. For instance, in December 2017, Yuji Zhao, an electrical and computer expert from Arizona State University received a three year grant of US$ 750,000 from National Aeronautics and Space Administration’s (NASA) Hot Operating Temperature Technology (HOTTech) program for the gallium nitride processor for applications in space.

The recent past has witness high proliferation of electric vehicles and increasing adoption of electrical and electronic components in internal combustion engines for enhanced and convenient control among users. According to Coherent Market Insights, vehicle electrification technologies are expected to witness a CAGR of over 8.8% over the forecast period and be valued at over US$ 120 billion by 2025.

According to Coherent Market Insights’ analysis, China and India contribute to around 35% of the global population base. Moreover, largest consumer base for automotive, consumer electronics, communication, and industrial manufacturing will provide the strongest growth prospects over the forecast period.

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Our study on the global GaN power devices market includes the gallium nitride power and RF power devices that find predominant applications in power drives (electric vehicle drives, industrial drives, light detection), inverters, supplies, wireless charging, RF front end module, radars and space satellites. Extensive range of applications and the potential to cannibalize the existing silicon semiconductor market are expected to create immense opportunity for growth of the global GaN power devices market over the forecast period.

Market Dynamics
GaN materials include a wide range of features such as wide energy band gap (3.4eV), high heat capacity, thermal conductivity, low device resistance, and ability to operate at transition speeds from on to off and vice versa, are among the prominent benefits, inadvertently driving growth of the GaN power devices market. High conductivity in On state in comparison to alternatives such as silicon substitutes present high opportunity to improve the energy efficiency in power distribution and control systems. However, limited availability and relatively high cost of the material is expected to hinder the overall growth of the market in the near future.

GaN Power Device Market: Competitive Background
Some of the key players in the GaN power devices market are Cree Inc., Efficient Power Conversion (EPC) Corporation, Infineon Technologies, GaN Systems Inc., Macom, Microsemi Corporation, Mitsubishi Electric Corporation, Navitas Semiconductor, Qorvo, Inc., and Toshiba Electronic Devices & Storage Corporation.

A chatbot is a software program that facilitates interactions among humans and virtual assistants with the help of artificial intelligence (AI) capabilities. The AI integrated with chatbot offers security along with handling texts and other forms of inputs from multiple individuals, this allows the applications to be more intuitive and comfortable while chatting. The security it offers allows it to be utilized for banking transactions. The features AI offers aids in ease of access and security and these are the key factors driving adoption of chatbot in banking sector, thus, fuelling growth of the market. 

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Even though these chatbots are helpful for banking operations, these have certain privacy concerns, wherein incidences such as fraudulent access is possible. Also, the function of chatbots is more dependent on human for receiving an appropriate answers to the queries. These facts are anticipated to impede growth of the chatbots for banking market.

Proliferation of smart and connected devices is the major factor driving growth of the market

Rising adoption of smart devices, which includes smartphones and tablets, is expected to fuel growth of the chatbots for banking across the regions during the forecast period. Growing adoption of smartphones is allowing banks to automate various processes required for advertising, promotions, and providing informative messages to client with personalized and customized manner as per category of the client. This includes SMS & MMS, mobile web, mobile video & television, and several other channels.

Customers with simple and basic queries are dealt with by chatbots thereby, increasing productivity of the workforce. These chatbots are not subject to time and hence are available round the clock. Chatbots are capable of answering queries in multiple languages and thereby, help resolve queries effectively in suitable language of the customer.

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Global chatbots for banking Market: Regional Insights
North America held a dominant position in the global chatbots for banking market in 2017, and is expected to retain its dominance throughout the forecast period. This growth is attributed to the region being early adopters of advanced technologies such as chatbots in banking. Furthermore, increasing number of banks in this region are focusing on adopting this technology. For instance, in March 2018 Bank of Montreal (BMO), announced rollout of two chatbots for Facebook messenger and Twitter. 

Asia Pacific is expected to exhibit high growth in the global chatbots for banking market over the forecast period. This is owing to increasing support by governments in countries such as Singapore. Increasing government support and other factors have made Singapore as one of the top global fintech hubs. Investments in collaborative fintech companies have rose to 138% and the banks in the country have been increasingly focusing on adopting novel technologies to enhance their share. For instance, in November 2017 DBS redesigned its IT infrastructure and have made it more focused towards development of AI and chatbots to enhance banking experience for its customers. Therefore, these factors are expected to aid in growth of the region in the global market.

Global Chatbot for Banking Market: Competitive Background
Major players operating in the chatbot for banking market are Maruti Techlabs, Inbenta Technologies, Inc., Nuance Communications, Inc., Next IT Corporation, Kore.ai, Inc., CreativeVirtual, Pypestream, Nano Rep, Inc., Mindmeld, Inc. and Ubisend.

Desktop virtualization is a virtualization technology, which is used to separate a computer desktop environment from physical computers by storing desktop in remote location server. Server virtualization has gained significant popularity among organizations to consolidate servers, however, desktop virtualization aid in reducing the complexity associated with deployment and maintenance of devices, which helps IT departments to reduce desktop maintenance cost. Due to various advantages such as cost saving, simplified management, security, flexibility, and increased productivity have led to increasing adoption of desktop application market globally. 

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“Desktop-as-a-service segment is expected to grow with the highest CAGR in the forecast period.”
Desktop-as-a-service is a virtual workspace that helps to bring desktop, applications, data, and IT services in a single cloud-based solution. Reduction in cost is the major advantage of this, which has accelerated growth of the desktop-as-a-service segment in the market. Moreover, due to various advantages such as easy deployment for data loss prevention and enhanced mobility have accelerated growth of this segment in the desktop virtualization market.

Small and mid-sized organization segment is projected to exhibit highest CAGR over the forecast period.Cost saving benefits is one of the major factors for growth of the segment in the market. Desktop virtualization aids in saving costs on hardware and therefore are increasingly being adopted by small and mid-sized organizations. Desktop virtualization reduces the need of full time IT department, which directly cuts labor costs as single desktop virtual desktop environment is accessed by all employees, which also reduces the expenses of software licensing.

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“North America desktop virtualization market is projected to hold its dominant position in 2017”
On the basis of geography, the global desktop virtualization market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held the dominant position in the market in 2017 and is projected to retain its dominance throughout the forecast period. The U.S. and Canada are some of the major growth driver in the region. Availability of highly developed IT & telecom infrastructure and growing trend of adoption of advanced workspace virtualization solutions have led to growth of this market. Amazon Web Services, Inc, Citrix Systems, Inc., Microsoft, Oracle Corporation are some of the major US based companies which provides

Furthermore, Asia Pacific is projected to exhibit highest CAGR over the forecast period. India, China, and Japan are some of the major countries in the market in this region. Increasing number of SMEs or startups have accelerated growth of the market in this region. For instance: according to Indian Government Economic Survey, 2016, the country had over 19,000 technology-enabled startups. 

Key Companies - Global Desktop Virtualization Market:
Some of the major companies operating in the global desktop virtualization market are Cisco Systems, Inc., Citrix Systems, Inc., Ericom Software, Inc., Evolve IP, Hewlett Packard Enterprise, Huawei Technologies Co., Ltd , Microsoft, Ncomputing, Oracle Corporation, Parallels International, Red Hat, and VMware, Inc.

LED lighting horticulture market is directly addressed to the businesses associated with the commercial, indoor and R&D activities associated with plants, which is in contrast of the field farming and animal husbandry. These addressable segments are directly dependent on the presence of sunlight for the crops growth. However, with the increase in global population and lack of adequate sunlight in regions that include North Central Europe and Nordic countries, requirement of additional production of vegetables, fruits, medicines and other agricultural products is expected to drive the demands for these industry products.

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Increased power saving features of LED lights will present lucrative product demands through the forecast period

Industry is largely characterized by the presence of conventional alternatives such as fluorescent and high pressure sodium (HPS) products. These products are featured with high power consumption, these in turn lead to heavy electricity bills and lower profit margins for commercial applications. However, horticulturists are increasingly encouraging the use of LED lighting for applications owing to the related power savings, optimum plant light outputs and considerably longer lifecycles up to 5X the conventional products. These factors are expected to provide major traction to the LED Lighting Horticulture market during the next few years.

Low light intensity is the major drawback that will restrain the growth of LED lighting horticulture market

Conventional alternatives that includes specifically includes HPS are associated with additional costs owing to their short lifecycles, requirement to alter the lights almost every year and high labor costs. However, these are expected to remain in the industry for long owing to their high intensity and low light degradation that is 1% every thousand hours of utilization. However, long term warranties of the LED counterparts only ensures only 70% of the initial lumen output over its lifecycle. This is expected to remain as the major restraining factor for the industry over the forecast period. Moreover, low overall initial outputs also require the plants to be located in the close proximity. This in turn can lead to blocking of the naturally available sunlight, which may lead to 24 hours requirement of these lights. This may hamper the overall yield up to 30% which is not ideal for growers who want to maintain the annual yield which may in turn lead to decreased consumer inclinations.

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These factors are anticipated to be most likely be dealt with the utilization of increased intensity with certain product developments over the next few years. Moreover, aforementioned benefits outweigh these drawbacks and LED lighting horticulture market is expected to gain highest traction over the coming years.

U.S. is expected to remain the most lucrative regional business segment owing to the unfavorable climatic conditions for conventional agriculture methodology

U.S has legalized the cultivation of marijuana in locations away from public spaces, along with certain other countries in the Americas. In conjunction with this demands for high nutrition foods, will drive the requirement for vegetable and fruits over the next few years. Owing to unfavorable weather conditions, requirements to meet these demands, construction of commercial greenhouses and LED lighting equipment will drive the market growth through the forecast period.

Chief industry participants in the LED lighting horticulture market include Fluence Bioengineering, Cree, Illumitex, Kessil Lighting, Heliospectra, Hubbell Lighting, LumiGrow, Lemnis Oreon, Osram Sylvania and Smart Grow Technologies. Industry is expected to be characterized by the next generation product launches to garner higher consumer inclinations. For instance, in January 2014, Philips Lighting launched LED toplighting range for commercial applications, which was featured with relatively higher efficiency than the other available LED modules.

A network security firewall involves management of the network traffic by controlling the entrance of threat across networks. The major benefits of network security firewalls is to  improve the  network  security by  protecting  it against various  threats  such as  botnets, command and control servers, advanced persistent threats (APTs), and zero-day threats. Hence, network firewall security will help in stopping unauthorized access to users, which is one of the factors for growth of the market.

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“Increasing demand for network security and privacy is one of the major factors driving growth of the market”
Increasing adoption of cloud technology is one of the key factors for growth of market. According to Coherent Market Insights’ analysis, in 2016, 58% of the workloads were already shifted to cloud data centers, globally. Organizations have to secure their data as it available virtually. The data is more secure in in-house data centres rather than on a virtual cloud networks. Therefore, data security is the one of the major restraining factor, while adopting cloud computing by organizations. 

The cloud-based segment is expected to hold the largest market share in the network security firewall market during the forecast period (2017–2025).
Increasing adoption of cloud-based solutions by organisation in industries such as retail, BFSI, and government will require cloud-based security solution as their data is available in the cloud network. For instance, according to the Coherent Market Insights’ analysis, in 2012–2016 almost 59% of BFSI sector already shifted their work load on the cloud.Another factor responsible for growth of cloud-based segment is increased usage of cloud-based web and email application by organizations that need to protect their applications from advanced threats such as ransomwares, APTs, zero-day attacks, malwares, and unauthorized access. Hence, cloud-based segment is expected to exhibit positive growth in the forecasted period.

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Network Security Firewall: Regional Insights
On the basis of region, the global network security firewall market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. For instance, according to the Internet Crime Complaint Center (IC3), in 2016, cybercrimes were valued at over US$ 1.33 billion worldwide, where California witnessed loss of over US$ 255 million. Moreover, in 2016, about 28% of web application attacks were recorded in the U.S., followed by the Netherlands and Germany. Therefore, the organisation demand for newer and superior network security solution that help in minimizing the cyber threats.

Network Security Firewall: Competitive Background
Key players operating in the network security firewall are Symsoft, Anam Technologies, Cellusys, SAP SE, Tata Communications Limited, Adaptive Mobile, AMD Telecom S.A., Evolved Intelligence, Hewlett Packard Enterprise, Mobileum, Omobio Pvt. Ltd., and Openmind Networks.For instance, in June 2016, Cellusys partnered with Sonus Networks, Inc., to provide mobile and fixed network operating solutions, which is a multi-layer signalling System 7 (SS7) security solution.  Therefore, this strategy provides a network protection to subscribers from illegal tracking, call intercept, fraud and Denial of Service (DoS) attacks.

The Hybrid Electric Jet market is expected to be valued at about US$ 54.00 million in 2022 and is projected to reach US$ 323.30 million by 2026, exhibiting a CAGR of 56.42% during the forecast period, according to Hybrid Electric Jet Market, By Electric Motor Type (Batteries, Solar Cells, Gas-powered, Ultra Capacitors, and Power Cables), By End User (Industrial and Commercial), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) published by Coherent Market Insights.

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A hybrid-electric jet is a propulsion system that combines the battery-powered electric motor and an internal combustion engine. Also, it is used as a transition technology that transforms the fossil fuel to electric propulsion. The reduction in the carbon emission from the engine is one of the major factors that is gaining the significant traction over the commercial aircrafts.  Thus, hybrid electric jet is an innovative technology that is used to solve the aviation industries toughest challenges along with improving the environmental performance

"Increasing need to reduce carbon footprint and aircraft noise are among the key factor driving growth of the global hybrid electric jet market"

The major problem faced by the aviation industry is increase in carbon footprint, which directly affects the climatic condition. Carbon foot print results in increasing the aircraft noise and engine emissions, which directly affects the flying experience in the aircraft. Therefore, the aviation industry are majorly investing in R&D for developing alternate fuel sources. For instance, in 2017, Boeing increased their R&D investment by 58% to incorporate an innovative solution in the aircraft that will help in minimizing the emission of CO2. Hybrid electric jet prolusion system can be used for minimizing the carbon footprint from the climate.

Furthermore, increasing government initiatives regarding the reduction of carbon footprint by adopting certain polices related to environment protection are expected to further influence growth of the hybrid electric jet market. For instance, According to the Energy Information Administration (EIA), in the U.S. the emission of carbon dioxide has reduced to 2.5% in 2015 as compared to 2014. This success is achieved due to the U.S. electricity generation portfolio played a key role decreasing the CO2 emission. Hence, the steps taken to reduce the carbon footprint are expected to drive growth of the hybrid electric jet market over the forecast period.

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Key Trends and Analysis of the Global Hybrid Electric Jet Market:

• On the basis of region, market in North America region is estimated to account for the largest share in the hybrid electric jet market during the forecast period. Economic growth and expansion of commercial as well as defense aviation are factors driving the North American hybrid electric jet market. North America accounted for 30% of all commercial jets worldwide, in 2016. According to Boeing, in 2016, around 7,060 units of new aircraft were delivered in North America and the region will require 8,640 new airplanes over the next 20 years. Moreover growth of the market in North America is attributed to the rise in demand for fuel-efficient aircraft. According to Boeing, 737 jets were scheduled to be delivered in North America in 2017. These are the factors expected to drive regional market growth over the forecast period

• Major players operating in the global hybrid electric jet market are Zunum Aero, Boeing HorizonX, Uber Technologies Inc, JetBlue Technology, Siemens AG, Airbus SE, Rolls Royce, Lilium, EasyJet Ltd. and Wright Electric.

Sensor fusion is a software that combines the data from different sensors and helps in maintaining the resulting information with less uncertainty. Increasing adoption of smart devices by the consumers, in order to bring changes in lifestyle is one of the major factors for the increasing demand for sensors in devices, thereby increasing the demand for sensor fusion in wearable devices. Hence, this is expected to propel growth of the market over the forecasted period.

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“Increasing demand for sensor-based applications in smart phones is one of the major factors driving growth of the market”

This is attributed to the rising competition among the smartphone manufactures such as Apple Inc., Samsung Electronics Co., Ltd., and Huawei Technologies Co., who are investing in research and development, in order to develop sensor-based applications that will differentiate their products from the others. This factor is expected to drive growth of the market over the forecast period. For instance, iPhone X launched by Apple uses the front-facing 3D sensor for face ID, which is a facial-recognition system that replaces the fingerprint sensor for unlocking the handset.

Furthermore, smart phones are integrated with different types of sensors such as accelerometer, gyroscope, magnetometer, proximity, and pressure sensors where each sensor generates data individually, thereby increasing the demand for data security. For instance, according to Coherent Market Insights’ analysis, in July 2017, the number of cybercrime cases raised to 84.1% from 68.8%. Cyber Espionage reduced to 10.1% from 15.6% in June whereas Cyber Warfare plummets to 4.3% from 9.4%. Therefore, increasing cases of cybercrime will force the manufactures of smart phones to centralize the data generated by the sensors to strengthen their data security. This is expected to drive growth of the sensor fusion market over the forecast period.

“Increasing complexity of the sensor fusion system and software is one of the major factors that hamper growth of the market”

The rising complexity in the algorithm of sensor fusion system and software, which will, in turn increase the software overhead expenses and additional processing capabilities is one of the major factors that is expected to hamper growth of the market over the forecast period.

Non-MEMS segment is projected to exhibit highest CAGR over the forecast period.
On the basis of technology, non- MEMS segment is expected to exhibit highest CAGR during the forecast period, owing to the rising demand for image and radar based products to improve the safety system in the vehicles, as the level of complexity is very high while integrating it to automotive applications such as lights and engine when compared to the other sensors. Therefore, this factor is expected to propel growth of the market during the forecast period.

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Global Sensor Fusion Market: Regional Insights
North America accounted for the largest share in the global sensor fusion market in 2016 and this region is expected to dominate the global market by 2028. The increasing adoption of sensors in various fields such as medical, consumer electronics, and automotive is one of the major factors driving growth of the market in this region. For instance, according to the International Energy Agency (IEA) analysis, the total sales of electric vehicles in the U.S. in 2015 was US$ 130 billion, which increased up to US$ 150 billion in 2016. The rising demand for electric vehicles is increasing the demand for sensors in the automotive sector. Therefore, the rising demand for the data generated by the sensors used in various applications such as cameras, radars, and lights in the vehicles to be centralized is also expected to fuel growth of the sensor fusion market in this region.

Global Sensor Fusion Market: Competitive Landscape
The key players operating in the global sensor fusion market include AKM Semiconductor, Inc., Analog Devices, Inc., Bosch Sensortec Gmbh, Renesas Electronics Corporation., NXP Semiconductors, Inc., BASELABS, STMicroelectronics, Kionix, Inc. Qualcomm Technologies, Inc., Quick Logic Corporation, PNI Corp., and Hillcrest Company LLC. Major players such as AKM Semiconductor, Hillcrest Company LLC, and Analog Devices, Inc. are adopting strategies such as mergers and acquisitions to strengthen their foothold in the market. For instance, in December 2016, InterDigital, Inc., a mobile technology research and development company was acquired by the Hillcrest Labs, in order to enhance the sensor processing technology and product portfolio of the company.

Barcode verifiers are electronic devices used to measure the quality of a 1D, 2D, and Direct Part Mark (DPM) codes. Barcode verifier reads the barcode and performs a series of tests to examine the scan ability and quality of the barcode in comparison to the industry specification and standards. Any trade partner in the supply chain can use the barcode verifier to test the quality of the barcode.

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“Increasing growth of the consumer goods sector is expected to fuel growth of the global barcode verifiers market”

Barcodes have high application in the consumer goods sector. Barcode provides and unambiguous and universal identification for products. A barcode printed on the primary packaging of consumer goods provides important information about the product. There are many advantages associated with using barcodes for consumer goods such as that they allow faster listing of articles, facilitates accurate and faster billing at counters, increases visibility of products online, and others. Barcode verifiers are used to ensure that the barcode is easily interpreted by any intermediate reader in the supply chain with low rate of error. A retailer can impose heavy penalties for barcodes that are not in accordance with the standards. Such penalties can affect the revenue generated for manufacturers by 2% to 10% cent. Thus, it is very important that barcodes comply with the predefined international standards. Measuring accuracy of a barcode is specified by some standards. 

ISO/IEC 15426-1 (linear) or ISO/IEC 15426-2 (2D) is the current international barcode quality specification standard. This standard defines the quality requirements for barcodes and matrix codes. Verification process validates a barcode with respect to the specific standards and shows that barcode has been properly verified so that the products can be forwarded further in the supply chain for distribution. Thus, using barcode verifiers offers smooth functioning of supply chain in the retail sector. The barcode verifiers market growth is driven by growth in the retail sector. This is owing to rise in consumption of consumer goods. For instance, according to the World Bank Statistics, the global consumption of consumer goods reached to US$ 43.87 Trillion in 2016, up from US$ 42.794 Trillion in 2012. Thus, growth of the consumer goods sector will significantly fuel growth of the market for barcode verifiers.

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Barcode Verifiers Market: Regional Insight

The barcode verifiers market is segmented on the basis of region into six regions namely, North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

North America is expected to be the largest region in the global barcode verifiers market over the forecast period. This is owing to high growth of the consumer goods sector in the region. Barcode verifiers are majorly used in the retail industry. Increasing growth of the consumer goods sector in the U.S. is expected to be one of the major driving factors for growth of the market. For instance, according to United States Census Bureau’s Annual Retail Trade Survey, the total sales of consumer goods through retail sector reached to US$ 4,856,334 Million in 2016 from US$ 4,725,993 Million in 2015. Thus, for smooth functioning of such a huge retail market demand for barcode verifiers is also expected to increase.

Asia Pacific is a fastest growing market for barcode verifiers, over the forecast period. This is owing to growth in the retail sector in the region. Major growth engines in the region include emerging economies such as China, India, and Japan. Furthermore, the retail industry in these countries is also witnessing high growth. For instance, according to India Brand Equity Foundation (IBEF), in June 2018, FMCG is the 4th largest sector of the Indian economy. The retail sector in India is expected to grow to US$ 1.1 trillion by 2020 up from US$ 672 billion in 2016. Moreover, China has also witnessed a significant growth in its retail sector. According to the National Bureau of Statistics of China, in May 2018, the total retail sales of consumer goods reached to US$ 467.39 Billion, which accounted for 8.5% growth as compared to 2017. Barcode verifiers are significantly used in the retail sector for determining the quality of barcodes printed on consumer goods. Thus, with growth in the retail sales of consumer products, demand for barcode verifiers is also expected to increase over the forecast period.

Barcode Verifiers Market: Competitive Landscape
Key players operating in the barcode verifiers market are Cognex Corporation, Axicon Auto ID Ltd., Webscan, REA VERIFIER, Printronix, DigitalPersona, AIS, Stratix Corp., Microscan, SSE Technologies, Oriental Speedv Code Tech &DEV, and RJS Technologies.

Mechanical keyboard is a device with switches that are operated by combination of springs, housing, and stem. Mechanical keyboards use various switches. 'Clicky', 'Tactile' and 'Linear' are commonly used words for switches, which indicates specific properties of switches. These words are used to describe how a key switch should work. There are four types of switches, commonly used in mechanical keyboard including Buckling Spring, Cherry MX, Topre Capacitive RD, and Cherry MX. These switches used in mechanical keyboards are expected to increase efficiency for typing. Mechanical keyboard permits the replacement and removal of keycap, which are located above the switches. Furthermore, mechanical keyboard have a longer lifespan as compared to membrane keyboard due to this advantages use of mechanical keyboard has been increases among consumers.

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Driving factors of mechanical keyboard market:
The recent past has witnessed increasing usage of computers and laptops across various industries, in order to improve efficiency of the work. For instance, according to report by Census Bureau, 78% of computers and laptops were used for industrial sector, in 2015s. Computer manufacturers prefer mechanical keyboards over membrane keyboard as these are more durable and provide better typing experience. Moreover, mechanical keyboards have longer lifespan and provide the same experience throughout its lifespan. Mechanical keys have high stability and hence are increasing been used, which is expected to be a major factor for growth of the mechanical keyboard market.

Another major driving factor for growth of the mechanical keyboard market is its rising popularity among writers and programmers that require such devices. These devices provide best precision in gaming, which has led to increased adoption of mechanical keyboards among gamers. According to report by UK’s games and Interactive Entertainment (UKIE), PC games market will increase 51.0% from 2015 to US$ 443.68 million by 2020. The HyperX Alloy Elite Mechanical Gaming Keyboard is a popular and preferable keyboard for gamers. It has unique light bar and dynamic lighting effects, which gives best aesthetic effect to keyboard.

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High cost of mechanical keyboard is one of the major restraints for growth of the mechanical keyboard market. Although, mechanical keyboard offers high stability, the weight of it is high to maintain this stability. Therefore, it becomes difficult to carry it around, which could be a major factor negatively impacting growth of the market. Moreover, rising use of gadgets such as mobile and tablets inhibits the growth of mechanical keyboard market, as these gadgets have touchscreen instead of keyboard for typing and gaming. Also, availability of various substitutes for mechanical keyboards such as mouse, which is multi-functional and joysticks for gaming purpose could also adversely affect growth of mechanical keyboard market.

Regional analysis of mechanical keyboard market:
On the basis of geography, the global mechanical keyboard market size is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America accounted for the largest market share in the mechanical keyboard market in 2016. This is owing to increasing use of computers in the growing corporate sector. For instance, according to report by European Center for International Political Economy (ECIPE) Group members used their funds to start 116,000 businesses between 2013 and 2015. Most of the work of consumers is dependent on computers such as programming, typing, and others. According to report by Information Technology and Innovation Foundation (ITIF), in the U.S. the economy would add 1.4 million computing jobs by 2020.

Europe is the second-largest market in mechanical keyboard following North America in year 2017, owing to increasing use of computers for gaming purpose. Increasing popularity of pc games has led to high use of mechanical keyboard as it provides enhanced gaming experience. For instance, according to report by The Organization for Economic Co-operation and Development (OECD), in Europe total personal computer games revenue increased to US$ 3.27billion in 2015, which is equivalent to 4.5% increase over previous year.

Key players in Mechanical Keyboard Market:
Major players operating in the global mechanical keyboard market include Razer Inc., Corsair Components Inc., Cherry, Trantek Electronics Co. Ltd., Rapoo Corporation, OMRON Corporation, Rantek Electronics Co., Ltd., Huizhou Greetech Electronics Co. Ltd., Dell Inc., and Lenovo Group Ltd.

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Aircraft electric brake control system collects data from remote data consolidators and then transmit the information of wheel’s data to brake control system with the help of digital data communication bus. This system helps in reducing the overall weight of the aircraft, prevents inadvertent braking, and also prevents the error propagation between subsystems. Thus, the new technologies and innovations in the braking system are expected to replace conventional braking system by the new electric brake control system. The benefits associated with new electric brake control system are high reliability, consistency, modularity, and reduced aircraft assembly time for the manufacturer, reduced maintenance for the operator, and higher system redundancy for both reliability and safety. Hence, the benefits associated with electric brake control system are expected to propel the growth of the market.

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Increasing aircraft deliveries and minimization of maintenance cost are among the major driving factors for the growth of the aircraft electric brake control system market.The major factor driving the global market growth is increasing aircraft deliveries, owing to increasing air passengers’ traffic worldwide. For instance, according to the Coherent Market Insights, total 43,725 units of commercial aircrafts will be delivered from 2017 to 2036 worldwide. Therefore, increasing number of aircraft deliveries is expected to positively increase the demand for electric brake systems, which is expected to overcome challenges associated with hydraulic brake system, such as sometimes fluid makes the system useless when slight leakage among others. This factor is expected to propel growth of the aircraft electric brake control system market during the forecast period

Furthermore, the airlines are also more concern for reduction of operational and maintenance costs, which will directly help them to increase the overall revenue. Thus, airlines are expected to propel demand for the aircraft assembled with new electric brake control system, as it has longer brake life as compared to the hydraulic brake, which in turn is fuelling the growth of the market.

Failure of aircraft electric system is one of the key challenges for the growth of the market.
The electric brake control system require electricity for operating. Failure of aircraft electric system directly affects the performance of the electric brake system, which is expected to create an immense challenge for growth of the aircraft electrical brake control system market.

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Global Aircraft Electric Brake Control System Market: Regional Insights
The global market for aircraft electric brake control system market is segmented on the basis of regions into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market for North America accounted largest share in the global aircraft electric brake market in 2016, and this market is expected to retain its dominance during the forecast period. The U.S. is the prominent source for the regional market growth due to the presence of the key players including Airbus, Boeing, and BAE Systems. Moreover, this growth is attributed to increasing aircraft deliveries in this particular region due to the increasing air passenger traffic. These factors are expected to boost regional market growth. For instance, according to Airbus, the number of aircraft delivered in 2017 is 2,360 units and the number of order placed for the period of 2018 to 2036 is 3,260 units. Therefore, increasing deliveries of the aircraft are expected to propel the demand for electric brakes, which in turn is expected to boost the regional market growth.

Global Aircraft Electric Brake Control System Market: Competitive Insights
The key players in the aircraft electric brake control system market includes UTC Aerospace System, Safran Landing System, Crane Aerospace& Electronics, Honeywell International, Inc., Aeroned Inc., Fan Jet USA, Meggitt Group, Advent Aircraft System,Inc., Saywell international, Inc., and Parker Hannifin Co.

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