Designing Buildings - User contributions [en]

Smart kitchen appliances

2016-05-31T11:07:50Z

TMR1502: Created page with "The kitchen is considered as the center of the home. With the advent of technology, our homes are becoming ‘smart’, and this trend is greatly transforming the kitchen space a..."

The kitchen is considered as the center of the home. With the advent of technology, our homes are becoming ‘smart’, and this trend is greatly transforming the kitchen space as well. There exists a plethora of smart kitchen appliances that are turning the kitchen and dining space into a pleasurable, comfortable, and smart experience.

According to a market intelligence company, Transparency Market Research (TMR), the global smart kitchen appliances market will expand at an impressive rate. The global smart kitchen appliances market was worth US$476.2 million in 2013 and is expected to soar at a CAGR of 29.1% during the forecast period of 2014 to 2022. By 2022, the global smart kitchen appliances market is projected to be valued at US$2,730.6 million.

Innovative Kitchen Appliances and their Innovative Usage

Let us take a look at the several smart kitchen appliances products available in the global smart kitchen appliances market.

LG’s Smart ThinQ Cooker is a clever device that allows consumers to cook with precision and comes with thousands of pre-set time frames and temperatures. Another interesting smart kitchen appliance is the Somabar, which allows you to make drinks such as Mojitos at the touch of a button. This smart gadget even lets you choose the strength of the mixes. HAPIfork is a smart kitchen device that monitors and tracks eating habits. If you are ingesting too fast, it buzzes and flashes to remind you to eat your food in small mouthfuls and slowly.

This was just a glimpse of some of the products available in the global smart kitchen appliances market. There are several smart kitchen gadgets available in the market that make your kitchen experience a hassle-free, healthier, and safer one. By product type, the global smart kitchen appliances market is divided into smart dishwashers, smart refrigerators, smart ovens, thermometers and smart scales, smart cookware and cooktops, and others such as smart coffee makers and kettles.

So What’s the Appeal of Smart Kitchen Appliances?

We saw a glimpse of what all functions smart kitchen appliances are capable of. However, the features that really make them appealing are:

Smart kitchen appliances help reduce waste. These appliances come equipped with features such as self-cleaning, while some of the smart kitchen appliances even sort the garbage for you.

Smart kitchen appliances help the users cook better. Using smart ovens, scales, and thermometers allows you to measure and monitor cooking perfectly, allowing you to create better recipes.

Some manufacturers in the global smart kitchen appliances market are focusing on providing products that allow for healthier cooking. If you are on a specific diet or have allergies, these devices monitor the food ingredients with connected fitness technology, which enables you to monitor and synchronize food consumption with your fitness routine.

Smart kitchens are safer as they allow for automatic shut-off of appliances such as ovens, cookers, and stoves. This prevents any risk of fire from kitchen appliances.

Geographically, North America is expected to dominate the global smart kitchen appliances market. In 2013, North America accounted for a 39.5% share in the global smart kitchen appliances market.

Smart kitchen appliances are changing the kitchen experience drastically. However, these appliances are quite expensive, which makes them unaffordable for consumers in the emerging regions of the world. This will suppress the global smart kitchen appliances market.

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Smart elevators

2016-05-27T12:02:50Z

TMR1502: Created page with "Smart elevators and escalators are installed in mixed-used buildings, hotels, commercial buildings, IT parks, residential buildings, restaurants and retail outlets among others. ..."

Smart elevators and escalators are installed in mixed-used buildings, hotels, commercial buildings, IT parks, residential buildings, restaurants and retail outlets among others. Increasing ageing population in countries such as Japan and China among others is the key factor driving the smart elevators and escalators market during the forecast period. In addition, Asia Pacific is expected to grow at a high rate during the forecast period of 2015 – 2023. Factors such as increase in both general and geriatric population, changing demographics and urbanization among others are boosting the growth of the market. The growth in the construction sector has helped create a huge demand for smart elevator and escalator in the global market. China set its position as the largest market for smart elevator and escalator globally, with domestic demand growing at a high rate.

One of the key factors which are driving the smart elevators and escalators market growth includes improved world economies. Countries such as Egypt in the Middle East, India, and China are expected to drive the global elevators and escalators market during the forecast period due to rapid urbanization. Many countries across the globe are expected to serve as potentially good markets for smart escalators and elevators. For instance, of late, the demand for smart elevators and escalators has increased in Asia Pacific, with China having made rapid progress in the smart elevators and escalators market in the region. Furthermore, Japan is expected to register healthy growth during the forecast period. In addition, installation of smart elevators and escalators in low-rise, mid-rise and high-rise buildings has become essential, thereby helping to boost the market for smart elevator and escalator. In addition, the global construction market is rising gradually, particularly in rising economies such as India, Japan and China among others. Numbers of infrastructure projects are in progress at present globally, which would fuel the expansion of the global smart elevator and escalator market. With large demands by the five star hotels, high-rise apartments, luxury apartments, planning luxury condominiums and office buildings in India, China and Mexico among others are driving the market, globally.

The major factor restraining the global smart elevators and escalators market is low replacement rate of it due to the high cost of smart elevators and escalators. The cost constraint has been a major factor restraining the growth of the smart elevators and escalators market. Key factors affecting the prices of smart elevators and escalators include cost intensive product certification process and high and volatile prices of raw materials. High cost of raw materials causes a decline in the profit margin for manufacturers. Due to high cost of smart elevators and escalators, there is a less acceptance of these products by the customers.

Based on type, the global smart escalators and elevators market has been segmented into elevator and escalator. The smart escalators and elevators market is dominated by the elevators segment, followed by escalators. In addition, the elevators market is further sub divided into elevator capacity types 450 - 1,150 kg, 1,150kg-1,500kg, 1,500kg-2,000kg and others. The escalators market is further sub divided into moving walkway escalators and moving stairs. Smart elevator is expected to remain the largest market globally during the forecast period of 2015 – 2023.

The smart escalator and elevator market by application is segmented into eight types: commercial, hotels, retail, residential, transportation, hospital, parking building and others. The smart escalator and elevator market is dominated by the transportation segment, followed by residential application. Transportation segment dominates the smart escalators and elevators market globally. This increasing demand of transportation segment is driven by large expenditure on airport development, ports and rail transport.

Key players profiled in this report include Cisco Systems, Inc (U.S.), Toshiba Corporation (Japan), Otis Elevator Company (U.S.), Mitsubishi Electric Corporation (Japan), Schindler Holding Ltd.( Switzerland), Hitachi Ltd.( Japan), Fujitec Co., Ltd. (Japan), ThyssenKrupp AG (Germany), Kone Corporation (Finland), Kleemann Hellas SA (Greece) among others.

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Smart parking systems market

2016-05-26T11:30:12Z

TMR1502: Created page with "The global smart parking systems market is a rather complex one, with the major restraint of a lack of space created by the same factor that has boosted the market, growth in veh..."

The global smart parking systems market is a rather complex one, with the major restraint of a lack of space created by the same factor that has boosted the market, growth in vehicle ownership. The smart parking systems market is, however, not showing any signs of relenting and is growing at a CAGR of 20.2% from 2014 to 2020. The market is predicted to reach an overall worth of US$177.10 million by 2020.

Growing Number of Vehicles Fuels Global Smart Parking Systems Market

As mentioned earlier, the number of vehicles is steadily growing around the world. This can only boost the global smart parking systems market, as it necessitates wider application of smart parking systems. Top companies and government bodies are trying to create adequate infrastructure in tandem with aid from the global smart parking systems market to create supply that meets the demand.

Within the global smart parking systems market, 78% was held by the off-street parking segment in 2014. Smart parking systems allow for a smoother parking experience while the owner does not have to drive significant distances to find a parking spot.

In terms of components, smart parking services exhibit the fastest CAGR in the global smart parking systems market, 29.4% from 2015 to 2022. This segment is witnessing a strong growth rate due to the need for consistent and efficient performance of smart parking systems in service markets as well as organizations.

North America Leads Global Smart Parking Systems Market

In 2014, nearly 37% of the global market was occupied by North America. The key reason for the North American dominance in the global smart parking systems market is the heavy adoption rate of smart parking systems in all major cities in the region. This includes large-scale smart parking systems employed in the cities of Los Angeles, New York, and San Francisco. The fastest rate of growth in the global smart parking systems market, however, is expected to be exhibited by the regional segment of Asia Pacific. The region is set to grow at a CAGR of 32.7% from 2015 to 2022.

Municipalities Lead Global Smart Parking Systems Market Application Segmentation

Almost 63% of the global smart parking systems market was occupied by the application segment of governments and municipalities in 2014. There was a quicker rate of adoption of global smart parking systems in government buildings and locations in order for executives and government officials to efficiently find parking areas.

At the same time, the fastest growing segment of the global smart parking systems market is set to be corporate and commercial institutions, an application segment that is witnessing a CAGR of 21.4% from 2015 to 2022. Major commercial services such as hospitality, retail, and private educational institutes have begun to adopt the global smart parking systems market to create a simpler experience for its patrons/students.

Multiple companies dominate the global smart parking systems market, including Swarco AG, Skidata AG, ParkMe, Inc., Parkmobile LLC, Urbiotica, Cisco System, Inc., Nedap N.V., Amano McGann, Smart Parking Limited, and Streetline, Inc.

Although the global smart parking systems market is eventually set to be applied in all industries for a smoother parking experience, the few restraints faced by the market today include the lack of technical expertise that has to be employed at every smart parking service facility.

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Interactive whiteboard

2016-05-25T11:53:31Z

TMR1502: Created page with "An interactive whiteboard (IWB) is an interactive display that can be connected to a computer. A projector is used to display the desktop of the connected computer onto the white..."

An interactive whiteboard (IWB) is an interactive display that can be connected to a computer. A projector is used to display the desktop of the connected computer onto the whiteboard screen. The whiteboard screen can be controlled with the help of a pen, stylus, or the human finger. IWBs are used by educational institutes to increase student interaction and collaboration. Whiteboards help increase students’ interest levels using multimedia content. Data presented or written on IWBs can be easily edited or stored. Also, using the gesture recognition technology available in selected whiteboards, user experience is enhanced. Rising investments in the education sector have increased the adoption of technology in classrooms, driving the IWB market. Furthermore, whiteboards offer integration and interaction capabilities with portable devices such as smartphones and tablets. However, the IWB market is experiencing increased competition from substitute technologies. Interactive flat panels are replacing whiteboards at an alarming rate. As flat panels work without projectors and have a longer life than whiteboards, their adoption is expected to rise during the forecast period. The global IWB market was valued at US$ 1.21 Bn in 2015 and is forecast to decrease at a CAGR of 8.7% from 2016 to 2024, reaching a value of US$ 526.8 Mn in 2024.

IWBs are used for corporate training sessions and board meetings. Important data such as financial results and market insights can be easily discussed with the help of multimedia content displayed on IWBs. Major IWB manufacturers profiled in the report include Smart Technologies Inc., Promethean Limited, Seiko Epson Corporation, Hitachi, Ltd., Samsung Electronics Co., Ltd., Sharp Corporation, Panasonic Corporation, Julong Educational Technology Co. Ltd, Mimio, Inc., and LG Electronics, Inc.

The global IWB market has been segmented on the basis of type, end-use adoption, size, and geography. On the basis of type, the market is segmented into resistive membrane, electromagnetic, infrared, ultrasonic, and laser scanner. Whiteboards are also used by government institutions for promotional events. Based on end-use adoption, the market is segmented into education, corporate, and government. In 2015, the education segment was the largest end-user of IWBs. Due to the improved learning processes afforded by them, the popularity of IWBs is increasing in the education sector. Also, on the basis of size, the IWB market is further segmented into small, medium-sized, and large IWBs. Of these, medium-sized IWBs was the largest segment of the market in 2015. Considering the space and price constraints, medium-sized whiteboards have the highest adoption rate.

Asia Pacific led the IWB market in 2015 and is expected to remain dominant throughout the forecast period from 2016 to 2024. This growth is primarily due to heavy investments in the education sector and the large student population in this region. Also, Middle East and Latin America are anticipated to experience steady growth in the IWB market in the coming years due to the growing influence of the education sector.

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Global smart water management

2016-05-23T08:33:45Z

TMR1502: Created page with "Aging Water Infrastructure to Drive Global Smart Water Management Market Aging pipe networks in several established cities are driving the demand for better water mains. For exa..."

Aging Water Infrastructure to Drive Global Smart Water Management Market

Aging pipe networks in several established cities are driving the demand for better water mains. For example, in London, approximately 40% of the pipes are over 100 years old. Furthermore, according to the District of Columbia Water and Sewer Authority, the average age of the city’s water pipes was 76 years.

This shows how great the need is to replace existing water management systems with smarter, better water management systems. Increasing government compliance along with the aging water infrastructure will drive The global smart water management market will demonstrate a marked compound annual growth rate (CAGR) of 17.7% during the forecast period of 2013-2019, says a market research firm. The market was valued at US$4,813.3 million in 2012 and is projected to reach a value of US$15,232.6 million by 2019.

High Cost Associated with Hardware Installation to Suppress SWM Market

The global smart water management market will also benefit from the growing need for mapping water resources. Furthermore, the need to cut down on water loss and non-revenue water (NRW) will drive the market. In addition to this, the lack of water management systems in urban areas will provide good growth opportunities for the global smart water management market.

The global smart water management market is divided by meter-read technology into fixed technology and cellular technology. On the basis of component, the global smart water management market is segmented into hardware (AMI, AMR, and others), solutions, and services. The high cost associated with AMI installation will suppress the market. Moreover, the apprehension of water utilities towards adoption of cloud services will also suppress the global smart water management market’s growth.

In spite of the high cost of AMI, the hardware segment in the global smart water management (SWM) market will continue to dominate the industry throughout the forecast period. In 2012, the hardware segment held the largest share, of 40.1%, in the global smart water management market.

North America to Lead Global Smart Water Management Market

Geographically, the global smart water management market is divided into North America, Asia Pacific, Rest of the World (RoW), and Europe. At present, North America rules the global smart water management market due to the high investments in smart water management technologies to curb water loss and optimize the NRW by several water utilities across the region. In 2012, North America generated 47.5% of total revenue generated in the global smart water management market

On the other hand, Asia Pacific is predicted to demonstrate the highest CAGR of 23.7% during the forecast period. Factors such as higher rainfall variability, aging facilities, need for palatable and safe water, and presence of countries rich in water resources will drive this regional smart water management market.

The global smart water management market is fragmented in nature with the presence of local players across various regions. A massive 67.1% of the global smart water management market was held by regional and local companies. Notable players in the global smart water management market include ABB, Arad Metering Technologies, Schneider Electric, Sensus USA, General Electric Company, I20 Water, and TaKaDu.

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Smart airports

2016-05-23T08:29:03Z

TMR1502: Created page with "Airport operations and business models have evolved dramatically over the last two decades to support the explosive growth of the global airline industry. Regulatory reforms and ..."

Airport operations and business models have evolved dramatically over the last two decades to support the explosive growth of the global airline industry. Regulatory reforms and deregulation has ushered in a new aviation era, globally. Emerging countries are showing dramatic traffic growth, diversity, and choice of airlines. Due to rising competition in the airline sector, airports are becoming more responsive toward the needs of their airline customers and passengers. This is leading to focus on more innovation and efforts toward cost reduction along with generation of various benefits for passengers in terms of increased value and choice. Moreover, the growing penetration of smartphones and tablets is playing a key role in changing the outlook of global smart airports. Effective customer service differentiation and cost reduction are the two main benefits provided by the presence of mobile check-in facilities.

Smart airport infrastructure is segmented into endpoint devices, communication systems, passenger, cargo and baggage ground handling control, air traffic control, security systems and others. In 2015, the security systems segment dominated the market due to several government initiatives in view of rising terrorist attacks leading to security concerns.

Among the smart airport solutions, landside solutions segment held the largest spending share in 2015. However, terminal side solutions segment is expected to expand at the fastest CAGR due to the increasing focus on lifecycle services and digital video surveillance and management solutions.

Among the smart airport applications, core applications segment held the largest share of the overall spending on smart airport applications. This is due to tremendous increase in the use of mobile devices to check flight updates, baggage status, and other information. In order to provide such information through mobile notification services, airports as well as airline operators are expected to invest huge amounts in core applications. Moreover, this segment is expected to remain dominant during the forecast period due to high demand for integration application to track, manage, and share accurate, up-to-date information in real-time with all the stakeholders of an airport ecosystem.

Smart airport services include smart transport and parking, smart retail, hospitality, and entertainment, smart workplace, smart airport processes, and smart business-to-business services. Among these, smart business-to-business services for airports was the largest segment of global smart airport services in terms of revenue in 2015. This is due to the rising demand for continuously updating passengers with real-time travel services such as route switching and valet parking.

The global smart airport market is dominated by key players including IBM Corporation, Cisco, and Siemens AG, while other players such as Raytheon, Amadeus IT Group, and QinetiQ are identified as emerging players in the market. Players such as Honeywell and SITA are amongst the promising players in the smart airport market with a strong position and relatively median growth as compared to the market leaders. Leading players are currently focusing on integrating products to create a new customer base. As a part of this strategy, the companies are engaging in various strategic partnerships and acquisitions.

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HVAC equipment market

2016-05-20T11:18:57Z

TMR1502: Created page with "In a typical building, about 40% of the energy dollars are drained into heating, ventilation, and air conditioning (HVAC). This substantiates the importance that HVAC systems hol..."

In a typical building, about 40% of the energy dollars are drained into heating, ventilation, and air conditioning (HVAC). This substantiates the importance that HVAC systems hold in both residential and commercial buildings. With climatic conditions the world over undergoing a change, the need for heating, cooling, and ventilation functions is becoming stronger.

The demand for HVAC equipment is hinged on more HVAC systems being installed the world over. Transparency Market Research forecasts that the market for HVAC systems will touch US$155.10 billion dollars by 2020. In 2013, the global HVAC equipment market stood at US$91.30 billion. The CAGR of the HVAC equipment market through this seven-year period is pegged at 6.2%.

These are the top observations about the HVAC equipment market:

Smart Buildings Will Necessitate a Never-Seen-Before Degree of Innovation in the HVAC Equipment Market: The construction industry has finally turned a corner with smart industrial, commercial, and residential buildings. The profound effect of this change is already visible – smart devices for homes and commercial buildings are making their presence felt on the market. However, this trend is still in infancy and is concentrated in the traditional markets of Europe and North America. The growth rate of both these regions in the HVAC equipment market will remain close, but NA will manage to scrape ahead. However, in terms of sheer size, Asia Pacific stands as the largest geographical HVAC equipment market.

None of the Major HVAC Equipment Product Categories Will See a Drop in the Near Future:

The demand for cooling systems is expected to be higher than that for heating systems. However, TMR’s report’s findings make it clear that even if it is moderate, growth will be observed in all product segments of the global HVAC equipment market. However, there will be a conspicuous rise in the sales of heat pumps and air conditioners. While the former is categorized under the heating function, the latter features as a segment within cooling functions.

Ecological Credentials of HVAC Equipment is a Big Factor Influencing Purchase Decisions:

Just as climate change has changed the status quo of the HVAC equipment market, it has also changed the way consumers make a purchase decision. Saving on energy bills has always been the aim of consumers in both commercial and residential sectors; now the attention has also turned toward purchasing ‘green and clean’ products. This has prompted companies in the HVAC equipment market to launch HCFC- and CFC-free components and products.

industrialization and New Home Sales Have a Strong Bearing on Demand Generation in HVAC Equipment Market:

There is no dearth of drivers in the global HVAC equipment market – but the most notable drivers will be proliferation of industrial units – both large and small – in emerging countries. Large countries such as India and China comprise different topographies with varying temperature characteristics. This creates a rather lucrative market for both cooling and heating functions. After witnessing tepid activity between 2008 and 2011, the construction sector is showing revival and resurgence in the Middle East and Asia Pacific. Increase in construction activity will cause a proportionate rise in the sales of HVAC equipment.

Smart homes are, by a long way, the biggest change to have hit the HVAC market, and companies that rise to the occasion will find much success.

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3D facial recognition

2016-05-19T13:26:42Z

TMR1502: Created page with "Poorly lit areas were thus far an impediment to surveillance operations using face recognition technologies. But that’s about the change with the development of new face recogn..."

Poorly lit areas were thus far an impediment to surveillance operations using face recognition technologies. But that’s about the change with the development of new face recognition technology that works just as efficiently in darkness. This marks a major milestone with respect to applications where face recognition technology can now be used.

Hitherto, face recognition systems were only useful in conditions where enough light was available or where shadows were minimal. But the new system, created by a team of researchers at the Karlsruhe Institute of Technology in Germany, uses a sophisticated technique wherein multiple infrared images of a person’s face are compared by a computer to images taken in daylight. These advanced comparisons are conducted via a computer program based on the deep neural network – a system that can imitate the function of the human brain.

According to the team of researchers, 4,585 images were analyzed by the deep neural network. These images were taken in both visible light and infrared. Based on this information, the software was able to display a match in less than a second – 35 milliseconds to be precise.

Using this advanced technique, the researchers claim that they have been able to advance the state of the art of facial recognition technology by about 10%. Although the accuracy rates of the software are yet to reach optimal levels, they are not bad for a first-time attempt. The 4,585 images were of 82 people. The computer that processed the images was relatively fast and the rate of accuracy was about 80% for images captured in well-lit conditions. However, in conditions where only a single visible light image was present, the accuracy of the system slid to about 55%. The researchers are confident that the accuracy rate can be improved, as eventually larger datasets become available and the interconnectivity of networks improves.

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Global home audio equipment market

2016-05-18T13:04:41Z

TMR1502: Created page with "The global home audio equipment market is heavily influenced by consumer preferences and technology trends, with differing trends in each geographical region. While the growth of..."

The global home audio equipment market is heavily influenced by consumer preferences and technology trends, with differing trends in each geographical region. While the growth of the home audio equipment market in each country will vary based on topical factors, the global market will register a a meager CAGR of 3.7% between 2013 and 2019, says a recent market research report. By the end of 2019, home audio equipment will be a US$20.68 billion market.

Large Pool of Early Adopters in Europe and North America Puts These Regions at the Forefront of the Home Audio Equipment Market

From the geographic standpoint, the largest stake in the home audio equipment market was held at Europe in 2012. North America came a close second to Europe in the same year. In these two regions, consumers are quick to adopt entertainment products based on cutting-edge technology. This includes products such as smartphones, Blu-ray players and televisions. Thus, the presence of a large pool of early adopters in Europe and North America augurs well for the market.

But latest market research tells also us that the fastest growth in this market will be seen in the Asia Pacific region. The estimated CAGR of the home audio equipment market for the Asia Pacific region will likely hover around 5.7% between 2013 and 2019. This will largely be made possible by the robust electronics industry in Korea, Japan, China, and India, where a number of new manufacturing facilities are coming up.

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Increased Levels of Affluence Will Create Demand for Premium Home Audio Accessories

Market analysts forecast that much new and exciting advancement in audio technologies will bode well for the global home audio equipment market. In the recent decade, sales of home audio systems have already risen because more and more people from emerging economies are now able to afford them. Market analysts attribute this to a rise in disposable incomes of consumers. Moreover, breakthroughs in music streaming and music on demand services have played a central role in propelling the global market for home and audio equipment.

Consumer trends show that they are more inclined towards purchasing products that are technologically advanced. This obviously means that equipment used with hi-tech products needs to be of a certain advanced nature too. It is now imperative that home audio equipment be compatible with consumer electronics such as smartphones, televisions, computers and video games.

General Buoyancy in Entertainment Electronics Will Positively Influence Demand for Home Audio Equipment

Other trends that will have a bearing on the global home audio equipment market are: An increased uptake of large- and medium-sized plasma televisions, LED TVs and LCDs. However, alongside the growth in the sales of computers and televisions, consumers are also increasingly demanding electronics that are space efficient and do not guzzle energy.

As a result of consumers demanding features such as surround sound and powerful audio, the uptake of accessories such as subwoofers, speakers, microphones, amplifiers and others has seen a spike. In fact, this segment was observed as being the largest within the larger home audio equipment market with a 31.5% share. Market analysts pin this dominance down to the growing usage of mobile devices. The demand for, and sales of, premium audio equipment accessories will likely rocket during the next four to five years.

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Night vision surveillance cameras

2016-05-18T10:34:24Z

TMR1502: Created page with "Night vision (IR) surveillance cameras are used for the purpose of surveillance in poor lighting conditions such as fog or in the night, with the help of infrared technology. Som..."

Night vision (IR) surveillance cameras are used for the purpose of surveillance in poor lighting conditions such as fog or in the night, with the help of infrared technology. Some of the major applications of these infrared night vision cameras include continuous monitoring of critical assets, face recognition, threat detection, and traffic management. The demand for secured access, secured borders, and secured living premises is a strong driver for the growth of night vision surveillance cameras around the globe. Moreover, growing fear of terrorism and cross-border infiltration has created the demand for surveillance cameras globally. Night vision (IR) cameras not only enable round-the-clock monitoring, but also keep unwanted elements away during the day and as well as at night.

Night Vision (IR) cameras play a key role in the public sector and military segment and this area is anticipated to have a large market share as these cameras are used on a large scale to trace unwanted or suspicious human or vehicle movements at night. Governments’ encouragement of a greater role for technology in fighting against terror and increasing modernization worldwide has further boosted the demand for night vision cameras globally. A growing trend of smart homes and smart construction worldwide is another factor for the growth of night vision cameras as consumers are more inclined to own a night vision device for the advanced protection of their homes, offices, and properties.

The night vision feature of surveillance cameras plays a better role in video analytics and intelligent imaging systems, which are used for dynamic video capture for commercial purposes such as effective traffic monitoring, industrial monitoring, and population monitoring. With an increase in the overall levels of competition among leading night vision (IR) surveillance camera manufacturers in terms of developing unique designs according to usage with do-it-yourself (DIY) capabilities, the consumers are getting better access to advanced technologies at reasonable prices. Moreover, growing partnerships of surveillance camera vendors to upgrade and create better product features, is playing a greater role in driving the night vision (IR) surveillance cameras market around the globe.

On the basis of shapes, the night vision (IR) surveillance cameras market is categorized into box cameras, dome cameras, and bullet cameras. Factors such as simple installation, ability to withstand extreme weather, and vandal-proof designs, are the major drivers for the market. On the basis of types, the night vision (IR) surveillance cameras market is categorized into fixed cameras and PTZ (pan, tilt, and zoom) cameras. End-use segments of the night vision (IR) surveillance cameras market include public sector and defense, retail, transportation, industrial, stadiums, business organizations, and others. As a result of high defense spending worldwide, the night vision cameras market is on the verge of additional growth.

In the coming years, demand from emerging regional markets such as Asia Pacific, Latin America, and Middle East and Africa (MEA) is anticipated to drive the growth of the night vision (IR) surveillance cameras market. Some of the players involved in offering solutions or services related to night vision (IR) surveillance cameras are FLIR Systems, Axis Communications AB, Robert Bosch GmbH, Pelco Corporation, Raytheon Company, BAE Systems plc. L-3 Communications Holdings, Samsung Electronics Co., Ltd., and Hikvision Digital Technology Co., Ltd.

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Smart surveillance, video surveillance and VSaaS

2016-05-04T09:44:58Z

TMR1502: Created page with "Video surveillance enables the monitoring of activity, behavioral patterns, or any other change in environmental conditions. This involves surveillance from a distance by means o..."

Video surveillance enables the monitoring of activity, behavioral patterns, or any other change in environmental conditions. This involves surveillance from a distance by means of electronic equipment (such as CCTV cameras). Video surveillance can be performed in real time, or data collected can be stored for the purpose of evaluation whenever required. A video surveillance system (VSS) typically comprises components such as cameras, recording/control unit and output interface (e.g., monitor). Moreover, the system requirement for video surveillance includes storage, encoders, interface, and management software. Video surveillance systems can be categorized as analog or IP based. The security of individuals, property, and information has become a critical global issue in recent years.

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The demand for physical security solutions is high due to increasing incidents of terrorism and crime. Presently, the demand for effective security solutions that can deter criminal activities is quite high. In the video surveillance-as-a-service (VSaaS) delivery model, the storage, video management, and analytics solutions are hosted centrally in a cloud environment and are accessed over the Internet. The advantages of such systems include cost efficiency, access to value-added services, a wide array of products for hosted video, easy conversion of analog systems to IP, and increased system performance. The services provided under VSaaS can be hosted, managed, or hybrid.

Increasing security concerns globally and government regulations have led to increasing adoption of video surveillance systems worldwide. Video surveillance finds applications in the security industry for the prevention of terrorist and criminal activities. Continued investments in infrastructure such as railways, roads, airports, and communication networks drive the demand for video surveillance systems. Advancement in high definition (HD) and megapixel cameras is also one of the major factors that drives the video surveillance market globally.

Furthermore, the increasing popularity of do-it-yourself (DIY) video surveillance for home security also contributes to the market’s growth significantly. On the other hand, challenges such as privacy concerns and the high cost of IP video surveillance systems restrain the growth of the video surveillance market. Mobile video surveillance, which enables the streaming of video wirelessly from a mobile video surveillance camera to a control center, represents a major growth opportunity for this market in the coming years. The ability of multimedia and social media surveillance in video surveillance systems is also anticipated to broaden the market’s growth in the near future. Technological advancements in high-resolution imaging and video analytics drive the increased acceptance of the VSaaS market.

The need for centralized data and application management reduces IT costs and also enables easy and cost-effective data recovery. This is a major factor responsible for the growth of the VSaaS market globally. Also, the declining cost of storage systems and high-speed Internet access are certain factors responsible for the increasing acceptance of cloud-based solutions globally. However, high bandwidth requirements, corporate protocols for network security, and low adoption by the small office/home office (SOHO) contingent and small retailers hinder this market’s growth. The global video surveillance and VSaaS market was valued at US$ 21.19 Bn in 2014 and is projected to expand at a CAGR of 17.0% during the forecast period (2016 – 2024) to reach US$ 88.25 Bn by 2024.

On the basis of type, the video surveillance and VSaaS market is categorized into analog and IP-based systems. IP-based surveillance systems have rapidly gained a significant market share in recent years due to their inherent advantages of quality, scalability, better resolution, and built-in analytics engines, as compared to analog video surveillance. Thus, they are expected to witness significant demand in the global video surveillance and VSaaS market.

On the basis of components, the video surveillance and VSaaS market is categorized into hardware, software, and services (VSaaS). Video surveillance hardware includes surveillance cameras for capturing video footages, recorders and storage, encoders, and monitors. The software segment includes video management software (VMS) and video analytics software. Based on the service delivery architecture, the VSaaS types include hosted, managed, and hybrid services. The increasing demand for IP cameras has led to the significant growth of the video surveillance hardware market. However, the VSaaS market is expected to grow the fastest due to rising demand for the storage of large volumes of data generated through IP cameras.

On the basis of end-users, the video surveillance and VSaaS market is segmented into the residential, retail, business organizations, transportation, government buildings, industrial, and others segments. The threat to public security continues to rise, which increases the use of video surveillance systems. Furthermore, these systems help protect innocent civilians from terrorist attacks and maintain a safe and secure environment.

North America and Europe are the key regions driving the growth of the global video surveillance and VSaaS market. The 9/11 terrorist attacks have completely transformed the security landscape in North America, with the extensive use of video surveillance and VSaaS. In 2015, key video surveillance and VSaaS vendors included Hikvision Digital Technology Co., Ltd., Axis Communications AB, Bosch Security Systems, Inc., Canon, Inc., Cisco Systems Inc., Zhejiang Dahua Technology Co. Ltd., Honeywell Security Group, Agent Video Intelligence, Geovision, Inc., Genetec, Inc., Panasonic System Networks Co. Ltd., and Pelco, Inc.

Internet of things market

2016-05-03T08:19:53Z

TMR1502: Created page with "The Internet of Things (IoT) is a network of things or physical objects that are embedded with an IP address to allow them to exchange and collect data. The objects can be contro..."

The Internet of Things (IoT) is a network of things or physical objects that are embedded with an IP address to allow them to exchange and collect data. The objects can be controlled and sensed remotely over the network infrastructure by the use of IoT devices. IoT devices create a number of opportunities for enhanced integration between computer-based systems and the physical world and hence result in improved accuracy, efficiency, and economic benefit. Technological development in the healthcare field and rising government initiatives in favor of IoT are the prime factors fuelling the market for Internet of Things globally.

IoT may include a broad range of devices such as biochip transponders on farm animals, heart monitoring implants, electric automobiles with built-in sensors, and chip-embedded clams in coastal waters, among others. These devices can then be used for the collection of data with the help of numerous technologies to autonomously monitor things and activities. Transparency Market Research (TMR), a market intelligence company, states that the IoT market stood at US$237.77 bn in 2014 and is predicted to reach US$924.8 bn by 2021, expanding at a remarkable CAGR of 21.40% from 2015 to 2021. TMR provides a bird’s eye view of the key application areas of IoT, elaborating on the utility of IoT in different sectors.

Environmental Monitoring: IoT environmental monitoring applications typically utilize sensors for assisting in environmental protection by monitoring water and air quality along with soil or atmospheric conditions. These applications also include monitoring movement of wildlife along with their habitats. The advancement of these internet-connected devices also includes other applications such as tsunami or earthquake alert systems. IoT devices for environmental monitoring can cover a typically large geographic area and can also be mobile in nature.

Infrastructure Management: The IoT can also be utilized for controlling and monitoring of rural and urban infrastructure such as railway tracks, bridges, offshore and onshore wind farms. The IoT infrastructure may also be utilized for event or change monitoring within structural conditions that involve risks. It can also be used for maintenance activities and for scheduling repairs by the coordination of tasks amongst different users and service providers.

Manufacturing: There are a number of smart manufacturing and industrial applications provided by IoT. These applications include manufacturing process control, management and network control of manufacturing equipment, and situation and asset management, among others. The IoT-enabled intelligent systems are used for rapid manufacturing of various new products coupled with the real-time optimization of supply chain networks.

Energy Management: Integration of actuation and sensing systems that are connected to the internet can optimize the whole process of energy consumption. IoT devices can be integrated within all forms of devices that consume energy; these could include bulbs, switches, televisions, or power outlets. IoT devices are being used for the purpose of communicating with utility supply companies for effectively balancing energy usage and power generation. Users are also able to remotely control devices along with centrally managing them with the help of a cloud-based interface thanks to IoT devices.

The IoT market is poised to grow exponentially owing to the wide usage of IoT in a number of sectors. However, the IoT still lacks a common set of technologies and standards for ease of use and compatibility. This may impede the growth of the market in the coming years.

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Home security solutions market

2016-04-26T10:44:28Z

TMR1502: Created page with "The home security solutions market has risen exponentially in the past and this is majorly because of the rising technological advancements in numerous sectors such as biometrics..."

The home security solutions market has risen exponentially in the past and this is majorly because of the rising technological advancements in numerous sectors such as biometrics, sensors, communication technologies, and surveillance systems, among others. The global home security market also presents promising growth opportunities for both electrical distributors and telecom providers. The increasing requirement of medical access control and easy detection of gas and fire leaks have encouraged people to install medical alert systems alongside other security systems. This has impacted the home security solutions market positively in the past few years.

Affordable Prices of Home Security Solutions to Augment Market Growth

The advanced features provided by these security solutions such as cameras, night-vision electronic and smart locks, wireless devices, motion-sensitivity, and Internet connectivity, etc. have raised their worldwide demand. The increasing rate of crimes, thefts, invasions, and robberies have also amplified the demand for home security solutions. In addition, the growing demand for home monitoring since it is an affordable option has also fuelled the market’s growth. On flip side, factors such as the rising cost of installation and the lower levels of literacy impede the growth of the market for home security solutions. In addition, a few issues related with the usage of these systems also might limit their demand in the forthcoming years. These issues include software glitches, connectivity problems, electrical or radio interference, and non-compatibility issues, etc.

Home Security Hardware Segment Led the Market with Around 93% Share in 2014

The market for home security solutions, on the basis of components, is segmented into hardware, software, and services. The hardware segment includes video surveillance, access control and authentication, electronic locks, sensors detectors, and alarms. The segment of video surveillance comprises IP cameras, analog cameras, and others including storage and recorders, encoders, and CCTV monitors. The access control and authentication segment includes biometrics, card-based, and RFID. The services segment includes technical support, installation/integration, cloud-based services, and consulting. Amongst these, in 2014, the segment of home security hardware constituted an approximately 93% of the global home security solutions market. Within the home security hardware market, electronic locks emerged as the biggest segment in 2014 and represented 63% of the home security solutions market. The segment of electronic locks is also the most swiftly developing hardware segment in the market and is poised to rise at an extraordinary CAGR of 25.50% from 2015 to 2022.

North America Emerged as the Biggest Market Constituting a Share of 37.3%

Geographically, the global home security solutions market is segmented into Europe, North America, the Middle East and Africa, Latin America, and Asia Pacific. In 2014, North America emerged as the biggest market for home security solutions, accounting for 37.3% of the overall market. This region is also predicted to be the most swiftly developing market for home security solutions in the coming years. The reason for the superiority of this region is the presence of smart card voice transmissions, biometric, and asset tracking systems here.

The prominent players operating in the market include Assa Abloy AB, Honeywell International, Inc., Vivint, Inc., HikVision Digital Technology Co., Ltd., Frontpoint Security Solutions, and Protect America, Inc., among others.

Browse the full Home Security Solutions Market report at [http://www.transparencymarketresearch.com/home-security-solutions.html http://www.transparencymarketresearch.com/home-security-solutions.html]

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