Overview of the global ATM slide rails market
Market research analysts at Technavio predict that the global automated teller machine (ATM) slide rails market will grow steadily during the next four years and post a CAGR of about 16% by 2020. This market research analysis identifies the increase in demand for Bitcoin payment system as one of the primary growth factors for this market. The Bitcoin payment system has several advantages over other payment gateways such as user anonymity, no third party interruptions, and a greater degree of freedom. Bitcoin transactions do not involve any intermediaries which eliminates the need for sales tax and also have very less cost of foreign transactions. Owing to these benefits, there will be a constant increase in the demand for Bitcoin as a payment system. To allow easy access to end-users, there will be a significant increase in the deployment of Bitcoin ATMs, which will in turn, increase the demand for ATM slide rails.
In terms of geographical regions, APAC was the major revenue contributor to the ATM slide rails market during 2015. The demand for ATM slide rails in the region is mainly driven by countries such as China, Indonesia, India, Bangladesh, and Pakistan. The presence of the manufacturing facilities of major vendors such as THK and TK in countries such as South Korea, Japan, and China, will propel the growth of the market in the next four years.
Competitive landscape and key vendors
The overall market for ATM slide rails is small and is dominated by few players such as Sun Chain Metal, TAKACHIHO KOHEKI (TK), and THK. Vendors mainly compete on the basis of common factors such as weight of product, number of cycles it can
Outlook of the global navigation satellite system (GNSS) market
Technavio’s market research analysts predict the global GNSS market to grow steadily over the next four years and post a CAGR of more than 4% by 2020. This industry research report identifies the growth of the smartphone and tablet computer industry to be one of the major factors that will have a positive impact on the growth of this market in the coming years. The recent years witnessed a rapid increase in the sales of smartphones and tablet computers, and according to analysts, this trend will continue in the coming years as well. The increasing usage of the Internet and the growth of the Internet of Things (IOT) drive the smartphone market since IOT uses mobile applications installed on smartphones and tablet computers to control other devices. Moreover, the entry of new smartphone vendors who offer smartphones at prices that are comparatively lower than the established ones will also aid in the growth of the smartphone market. Advancements in technology and the adoption of bring-your-own-device (BYOD) policy by several organizations across the world are also factors that will drive the growth of the smartphone market. Since the growth of the GNSS market is directly influenced by the growth of the tablet and smartphone segments, there will be a rapid increase in the adoption of GNSS technology in the next four years.
The emergence of multimodal logistics will be one of the major trends that will gain traction in this market in the next four years. GNSS-based systems come as the ideal solutions for on-the-route positioning and enable operators to monitor goods and assets during their transfer between different transport hubs. GNSS-based information can also be combined with data regarding the
Overview of the global inkjet heads market
Market research analysts at Technavio predict that due to the demand for Microelectromechanical Systems (MEMS) inkjet heads, the global inkjet heads market will grow steadily during the coming years and will post a CAGR of almost 4% by 2020. This market research analysis identifies the increase in demand for inkjet and wireless printers as one of the primary factors that will have a positive impact on the growth of the inkjet printhead market. The introduction of advanced technologies such as UV-curable inkjets has resulted in increasing the demand for advanced inkjet printers that offer several benefits such as greater speed, low production costs, and a wide range of applications. When considering factors such as cost, durability, and quality, inkjet printers become the most preferred choice for industrial scale production and residential applications. Moreover, the introduction of technologies that allow the sharing of printers on a network and services such as document outsourcing, have resulted in increasing the demand for wireless printers. This increase in demand for advanced printers will subsequently lead to the rise in sales of inkjet heads, propelling the growth of the market.
One of the major trends that will gain traction in this market is the rise in print-on-demand (POD) services. POD is a printing technology in which the copies of a book or document are not printed until the order is received. This helps publishers to keep printing costs minimal, in turn, reducing the risk of inventory. Also, the low setup cost of POD printing, which reduces the average cost per print and minimal financial risk will increase the adoption of POD services
Outlook of the global RFID smart cabinet market
Technavio’s market research analyst predicts the global RFID smart cabinet market to grow steadily at a CAGR of around 14% during the forecast period. The increasing need for inventory management in hospitals is the primary growth driver for this market. RFID smart cabinets provide accurate, real-time tracking at the item level. They also eliminate the risk of stock-outs, reduce inventory waste, and prevent shrinkage, and equipment losses. Due to these benefits, numerous hospitals from across the globe have started to adopt RFID smart cabinets as they help in the efficient tracking of their supplies at the item level.
The high adoption of RFID smart cabinets in emerging countries will impel the prospects for growth in this market during the forecast period. The advent of private healthcare establishments and the rising adoption of healthcare information technologies in developing countries, such as India, China, and Brazil, have led to the augmented adoption of RFID smart cabinets in hospitals during the forecast period.
Application-based segmentation of the RFID smart cabinet market
- Others (retailers, discrete manufacturers, and organizations)
The healthcare application segment will be the largest market for RFID smart cabinets during the forecast period and will account for an impressive market share of around 90% until 2020. Much of this segment’s growth can be attributed to the increasing need for inventory management in hospitals. In this sector, RFID smart cabinets help to reduce shrinkage and improves the overall supply chain performance.
Geographical segmentation of the RFID smart cabinet market
Overview of the mobile NAND flash market
According to the market research analysts at Technavio, the global mobile NAND flash market is anticipated to grow at a CAGR of more than 8% over the forecast period. This market research and analysis identifies the growth of multimedia applications as one of the primary factors that will have a positive impact on the growth of the market in the next four years. The mobile devices segment is constantly evolving, which results in the requirement for technological advancements in storage. Moreover, the introduction of the Internet of Things, where a mobile device is considered as the primary connecting device to other smart devices and the integration of technologies such as gesture recognition, augmented reality, and virtual reality in mobile devices also increase the demand for higher memory and processing power, in turn, augmenting the need for high-density NAND flash.
In terms of geographical regions, APAC will dominate the market throughout the predicted period. The presence of several consumer electronics manufacturers in countries such as South Korea, Taiwan, China, and Japan and the rise in sales of mobile devices such as smartphones, tablet computers, and laptops will fuel the growth of the market. Also, the availability of low-cost manufacturing inputs induces several manufacturers to start manufacturing units in this region, which will again aid in the growth of the mobile NAND flash market in APAC.
Competitive landscape and key vendors
Overview of the global residential security systems market
Market research analysts at Technavio predict that the global residential security systems market will grow steadily over the next four years and will post a CAGR of more than 7% by 2020. This market research analysis identifies the rise in the number of threats to residential buildings as one of the primary growth factors for the home security systems market. As a result of the increasing incidences of thefts and unauthorized access to individual homes and residential buildings, end-users have started equipping residential buildings with special platforms that will help them access electronic devices at home through mobile devices such as smartphones, tablets computers, and laptops from remote locations. Home security solutions such as security cameras and smart locks are robust and reliable and are effective in preventing unwanted access to residences.
The emergence of Internet of Things (IoT) in residential security systems will be one of the major trends that will gain traction in this market in the next four years. Home security products such as access control, intruder alarms, and video surveillance are self-contained and are configured only for specific purposes. The use of IoT can improve existing security features as it can provide data, that will help in predicting security features that respond to situations relating to property or people. Vendors such as Cisco Systems and Tyco Security Products have already started offering home security solutions that detect changes in heat, sound, and motion and alert
This segment includes components and systems like duplexers, microprocessors, and microcontrollers. These devices are essential to every electronic device that is sold today. Advances in embedded systems, such as higher memory capacities, faster processor speeds, and higher power capacities are required for technological growth across all industries. Organizations need to be attentive to the advances in this field, as this technology shapes the future of hardware devices.