Global Market Research Reports : Ken Research

Friday, October 9, 2020

Global Fuel Cell Electric Vehicle Market Outlook: Ken Research

Global Fuel Cell Electric Vehicle Market is valued approximately USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2026. The fuel cell is similar to the battery in terms of function, and it generates electricity via an electrochemical reaction. The fuel cell converts chemical energy into electric energy and are favourable in electric drivetrains, that are powered by hydrogen fuel cells with a compact battery size. In fuel cell electric vehicle (FCEV), Proton exchange membrane fuel cell (PEMFC) is a widely utilized fuel cell type that is operated at low temperature and consists of platinum catalyst, which is ideal for utilization in vehicles. The increasing demand for vehicles with minimum carbon emission along with stringent carbon emission norms and significant development in the field of fuel cell technology are the few factors responsible for growth of the market over the forecast period. Furthermore, the introduction of products and other strategic alliance by various market players will create a lucrative demand for this market. For instance, according to company's news release on 12th March 2020, Ballard Power System acquired Solaris Bus & Coach S.A., a European bus and trolleybus manufacturer and Ballard partner headquartered in Bolechowo, Poland, for 25 of the Company's new 70-kilowatt heavy-duty FCmove-HD fuel cell modules. The novel coronavirus (Covid-19) crisis has caused a slowdown the manufacturing powerhouse, having a negative impact on the global economic growth. The majority of the production facilities remain closed or are not able to attain full production capacity due to shortage of staff and raw materials, further impacting the demand of this market. However, high cost of FCEV is the major factor restraining the growth of global Fuel Cell Electric Vehicle market during the forecast period.

The regional analysis of global Fuel Cell Electric Vehicle market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026.

Major market player included in this report are:

Ballard Power Systems Inc.

Nuvera Fuel Cells, LLC

Meritor, Inc.

US Hybrid Corporation

Hydrogenics

Dana Incorporated

Sunrise Power Co., Ltd.

Plug Power, Inc.

Ceres Power Holdings PLC

Shanghai Shen-Li High Technology Co., Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Vehicle:

Heavy Duty Vehicle

Agriculture

Buses

others

By Distance:

Short

Long

By Region:

North America

U.S.

Canada

Europe

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year-2016, 2017, 2018

Base year-2019

Forecast period-2020 to 2026

Target Audience of the Global Fuel Cell Electric Vehicle Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

For More Information on the Research Report, refer to below links: -

Global Fuel Cell Electric Vehicle Market

Related Report: –

Global Electric Vehicles and Fuel Cell Vehicles Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

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Dissimilar Trends and Developments across Global Digital Language Learning Market Outlook: Ken Research

Digital Learning is alternating education in revolutionary ways. The education sector is remodelling exponentially because of various initiatives undertaken by governments and private organizations to bring digitally increased performance. The digital language learning will dispense various languages and one can learn any language at any time by digital based platform. The increased acceptance of English as a language for business communications across the world as well as growing popularity of digital learning across various sectors are some factors responsible for expansion of the market over the forecast amount.

According to the study, ‘ Global Digital Language Learning Market to reach USD 16.6 billion by 2026’Busuu, Ltd, Babbel, , Living Language (Penguin Random House, LLC), Pearson PLC Verbling, Inc, Preply, Inc., Rosetta Stone, Fluenz, Lingoda GmbH and Yabla, Inc. are some of the market players present in in the digital language market. Furthermore, the increasing advancements and introduction of products and service and other strategic alliance by market key player will create a moneymaking demand for this market. For illustration: as per Company's news declared in March 2020, Babbel has started providing free services to all K-12 and college students in Italy, U.K., Germany, Spain and France due to Covid-19. The service presently offers courses for Spanish, French, German, Turkish, Danish, Norwegian, Swedish, Italian, Portuguese, Polish, Russian, Dutch, Indonesian and English till the end of COVID-19 pandemic. However, high risk of piracy with offline content and information security with online content is that the major issue restraining the expansion of global Digital Language Learning market throughout the forecast amount. The detailed segments and sub-segment of the market are explained below: By Language Type segmented into English, Mandarin, Spanish, German and Others. By Deployment Type segmented into Cloud and On-Premise, By Business Type into, Business-To-Business, Business-To-Customer. By End User segmented into Academic and Non-Academic.

The Geographical distribution of global Digital Language Learning market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Remainder of the World. North America is that the leading/significant region across the globe. Whereas, Asia-Pacific is additionally anticipated to exhibit highest rate of growth over the forecast amount 2020-2026. Growing digitization and increasing variety of check takers within the region are the foremost factors supporting the expansion of digital language learning market in Asia-Pacific. In developed countries, like the North American countries and the Great Britain, the digital education system has attained vast popularity because the students in schools, universities, and other institutions are fully familiar with the technologies. But, in APAC and SAM countries, students need the awareness of technology-driven learning. Several schools, universities, and coaching institutions are executing digital technologies in their classes. As the digital educational platform developers are continually updating their technologies to supply robust solutions, the adopters in APAC are regularly upgrading their technology infrastructure. The innovative cloud-based academic apps, websites, and alternative services are expected to make a major market for digital education, as well as digital language learning solutions. Numerous companies operating in the digital language learning market are specializing on providing technologically advanced solutions to realize a powerful market position.

Moreover, the growing popularity for digital language learning across education sector and increasing focus of government to support e-learning are the major factors that will support the growth of digital language market across the glove in the upcoming years.

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Global Digital Language Learning Market

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Top Recruitment Agencies in India for Data Scientist Jobs: Ken Research

Top Recruitment Agencies in India: - It is the desire of every organization to recruit the leaders that are design the way forward for the company’s overall growth strategy. However, one of the key challenges associated to identify the get right & clear understating of the organizational goals, mission, and vision of their organization. In support of such activity wearable to create solutions designed to enhance the right recruitment for any of the organizations. Moreover, we design optimize search for the right employee that has led easily hiring specialized and focused. We always specialize to add expertise towards the right hiring. We do an analysis with all our clients to identify and recruit the most dedicated leaders for their organization. We used and developed an innovative hiring methodology. We have the core expertise with an aim to hire and match the talent businesses' needs with the desired skills for every organization that should be used for optimal hiring. We have been altogether preferred as a search partner to be able to analyze, identify, and motivate the next generation leaders with all our client organizations. We have now developed substantial rich industry expertise by following the global standards practice for acquiring talent across different levels. We followed the methodology as followed by any top recruitment agency in India recruitments with methods designed to identify the right professional talent for all of the positions in an organization.

We have a clear understanding towards the challenges associated with the businesses facing and giving an access related to the professional talent and expertise needed to seize over the new opportunity by launching the new business way forward.

We further offered all types of cost-effective & scalable solutions with respect to specific objectives and goals. We always had access to one of the largest networks towards specialized professionals, with the significant experience & expertise to assist and build the right workforce that would be providing the best options for the overall business growth. We always had a large dedicated talent pool with a much unique customer-centric talent process providing an edge in this competitive world. We have in-house industry experts understanding employer requirements much accurately and discussion towards the most deserving candidates. We follow the standards and practices with the most trusted and recommended recruitment consultants globally. We have reduced the distractions that assisted in focusing on the growth and profits of the organization. Our first phase of work starts with planning and then we develop an in-depth understanding of the client’s requirements and goals. These practices aid us with the knowledge of the client’s perspective which designed for initiating the process of finding the best talent. After this, we do a rigorous analysis of profiles and talents that are further ranked as per the parameters set by organizations. Thereafter, we put them forth and share all such key profiles with our clients. Moreover, we have a team that has well-developed awareness about all sorts of importance associated with data authenticity and information.

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Top Recruitment Agencies in India

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Intensifying Insights Of Global Surgical Mask Market Outlook: Ken Research

A surgical mask is a disposable device that makes a barrier between the nose and mouth of the user and the potential contaminants within the immediate surrounding environment. They are fabricated from completely different thicknesses, in addition to distinct ability, to safeguard the user from contact with liquids. Surgical masks are meant to safeguard doctors and surgeons from harmful infections and pathogens that will get suspended within the surgery area. Moreover, the patient who is beneath treatment additionally must be protected against infectious agents that will be discharged by others within the surgery rooms. Moreover, because of this pandemic outbreak, the World Health Organization recommends the utilization of masks all over which in turn, increase the demand for surgical marks. The utilization of a face mask is very important to regulate such infections, particularly in cases of droplet transmission infections. Surgical masks vary by quality and levels of protection as it is available in various varieties including Anti-Fog Surgical Mask, Basic Surgical Mask, N95 Mask, Fluid/Splash Resistant Surgical Mask and Others.

According to the study, ‘Global Surgical Mask Market to reach USD 75.2 billion by 2026’ The emergence of new surgical practices in the zone of medicine, requirement for improved safety quality and dread around corona-virus between people are some of the factors responsible for expansion of the market over the forecast amount. Key players are anticipated to rise their production capacities as the demand for surgical masks is predicted to increase due to the rapid spread of the COVID-19. Additionally, new players are likely to enter into the surgical masks business because of the growing demand for surgical masks from hospitals and public institutions to provide safety to their employees that are vigorously tackling the corona virus pandemic. Some of the leading market players in the surgical mask market involve Smith & Nephew plc, Molnlycke Healthcare, Medline Industries Inc., Ansell Healthcare Products LLC, Halyard Health, Honeywell International Inc., Kimberly-Clark Worldwide, Inc., Crosstex International, Inc., Medline Industries, Inc., Dynarex Corporation, Alpha Pro Tech, Med-Con, PRI MED Medical Products, Inc., Johnson & Johnson, Karl StorzSE & Co. KG and others. For the study the report of global surgical masks market has been segmented on the basis of product and distribution channel. By Product into Anti-Fog Surgical Mask, Resistant Surgical Mask, N95 Mask, Basic Surgical Mask, Fluid/Splash, and Others. By Distribution Channel into, Hospitals and Clinics, Drug Stores and Online Stores.

On the idea of geographical distribution, the global surgical mask market has been divided into North America, Latin America, the Middle East and Africa, Asia Pacific and Europe. The market place for surgical mask in North America has been growing abroad advancements within the field of medical and surgical procedures in the US and Canada.

Furthermore, global frequency of pollution level and air-borne diseases has been encouraging customers to opt for face masks. With customers looking out for the best possible ways to keep themselves safe from infectious viruses such as Coronavirus presently, well known players of this market are focusing on rising the manufacturing of disposable face masks as the usage of masks is a major factor which will spice up the growth of global surgical mask market over the forecast amount.

For More Information refer to below link:-

Global Surgical Mask Market

Related Report:-

Masks (N95 Respirators and Other Surgical Masks) Global Market Report 2020-30: Covid 19 Implications and Growth

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Dissimilar Trends and Developments across Global Personal Protective Equipment Market Outlook: Ken Research

Personal protective equipment (PPE) are the tools that make sure the basic safety and health protection of users. PPE is any appliance or device designed to be worn by a private to reduce the exposure to hazard inflicting serious injury and ill health within the work. Personal protective equipment includes things like protective robes, face shields, surgical masks, protective glasses, Shoes, disposable gloves and others. The rising COVID-19 pandemic threatens the tending system across the globe. The adoption of demanding regulative framework relating to safety of employers and rising COVID-19 cases across the globe are the few factors accountable for growth of the market over the forecast period.

According to the study, ‘Global Personal Protective Equipment Market to reach USD 75.2 billion by 2026.’ categorical that there are some corporates that presently functioning further successfully for dominant the foremost effective growth of the market and getting the productive competitive edge whereas acceptive the productive profitmaking that intervals throughout which and policies like joint ventures, mergers and acquisitions, partnership, merger and merchandise development includes Kimberly-Clark Corporation, E I Dupont De Nemours and Co., Ansell Limited, Honeywell International Inc., MSA Safety Inc., Alpha Pro Tech, Ltd., Sioen Industries NV, Radians, Inc., 3M Co., Lakeland Industries, Inc.. As an example according to World meter, the quantity of confirmed Corona virus positive cases were 580 on 22 January 2020 and has risen to 2.5 million variety of positive corona virus cases on 21 April 2020, across the globe. Furthermore, the introduction of merchandise and strategic alliance by varied market players can produce a remunerative demand for this market. For example, as per company's news unharness on 15th April 2020, DuPont launched #Tyvek Together, a brand new program to extend the handiness of Tyvek personal protective garments to assist combat the unfold of COVID-19 and shield health care employees. However, high value of specialized article of clothing is that the major issue restraining the expansion of global Personal Protective Equipment market throughout the forecast period.

Although, the regional investigation of worldwide Personal Protective Equipment market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is that the main country across the world thanks to the present infrastructure and major players during this region. Whereas, Asia-Pacific is additionally anticipated to exhibit maximum rate of growth / CAGR over the forecast period 2020-2026.

Furthermore, one amongst most outstanding factors driving the personal protective equipment market growth is that the rising varied of accidents and deaths of employees at construction sites. These workers ought to add extraordinary risky environments and so need adequate and efficient protection equipment to confirm their safety while working. Moreover, the effective growth in the construction activities worldwide will fuel the demand for Personal Protective Equipment and propel the market growth. Hence, it is predicted that the market of personal protective equipment will increase around the globe more effectively over the near future.

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Global Personal Protective Equipment Market

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Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

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Dissimilar Trends And Developments Across Global Disposable Respiratory Masks Market Outlook: Ken Research

Disposable respiratory masks cover the mouth and nose to provide short-term, light-duty breathing protection. This mask protects against airborne particles and germs and is commonly worn in healthcare settings. They're available in different filtration ratings to get the desired level of protection.

In addition, the increase in the number of surgical procedures and rising prevalence of chronic conditions are the few factors responsible for growth of the market over the forecast period. Additionally, the rising COVID-19 pandemic across the world is another factor responsible for the rising demand of this market.

According to the study, ‘Global Disposable Respiratory Masks Market to reach USD XX billion by 2026’ express that there are some corporates that presently functioning additional with success for dominant the foremost effective growth of the market and obtaining the productive competitive edge whereas acceptive the productive profit making ways that within throughout which and policies like joint ventures, mergers and acquisitions, partnership, merger and merchandise development includes Becton, Dickinson and Company (BD), Teleflex Incorporated, 3M Company, Ambu A/S. For instance, as per Statista, the As of April 20, 2020, the outbreak of the coronavirus disease (COVID-19) had spread to six continents, and approximately 165,082 people had died after contracting the respiratory virus. Around 23,660 of these deaths occurred in Italy, and around 40,565 of these deaths occurred in US. Furthermore, LMAs masks are widely used for cancer procedures such as lumpectomy and quadrantectomy for safety and to reduce the chances of infection. However, replication of original products with fake brand name of reputed medical supply manufacturers is the major factor restraining the growth of global Disposable Respiratory Masks market during the forecast period.

Moreover, disposable face masks are fashionable amongst the health care professionals who perpetually attend patients or perform surgeries. These masks, shield the health care professionals from harmful micro organism that will exudates either within the style of aerosols and liquid droplets from the patient’s mouth. The virus or harmful micro organism may also get unfold within the style of body fluids or infectious blood. Thus, these masks act as a protecting barrier and facilitate eliminate or cut back the possibilities of cross-contamination among surgeons and patients.

The regional analysis of global Disposable Respiratory Masks market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world due to the existing infrastructure and major players in this region. Whereas, Asia-Pacific is additionally anticipated to exhibit highest rate / CAGR over the forecast period 2020-2026.

The demand for disposable face masks is likely to be driven by the increasing popularity of online shopping platforms. In this regard, Amazon.com, Inc. and eBay Inc. are among the largest online players contributing significantly to the distribution of the product. Furthermore, the popularity of online sales has been creating a healthy demand for disposable designer face masks, most notably among affluent consumers worldwide. Such trends are expected to sustain throughout the forecast time frame. Thus, the Global Disposable Respiratory Masks Market will increase in forthcoming years over the coming duration.

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Global Disposable Respiratory Masks Market

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Thursday, October 8, 2020

Dissimilar Trends And Developments Across Global Covid-19 Impact On Smart Manufacturing Market Outlook: Ken Research

Smart manufacturing is computer integrated manufacturing technology that helps to boost productivity supported the demand level. Due to the benefits of smart manufacturing systems, there is wide adoption of this advanced automated system by many of the production units to enhance the effective production and product quality. This factor will propel the growth of the market. The increasing demand for smart manufacturing products & solution propelled by COVID-19 and the emerging & expanding role of collaborative robots in healthcare and manufacturing sectors is the factor responsible for the expansion of the market over the forecast amount.

According to the study, ’Global COVID-19 Impact on Smart Manufacturing Market to reach USD 229.4 billion by 2026.’ The market is concentrated, and the degree of concentration will accelerate during the forecast period. Hewlett Packard Enterprise, Honeywell International Inc, IBM Corporation, Intel Corporation, Microsoft Corporation, ABB Group, Cisco Systems, Inc., Emerson Electric Co., FANUC, General Electric Company are some of the major market participants. For illustration: as per firm’s news came in March 2018, ABB Group introduced a smart factory for electrical safety and energy efficiency products in Bangalore, India. The rising urge for smart manufacturing products & solution drive-by COVID-19 and the emerging & expanding role of collaborative robots in healthcare and manufacturing sectors is the factor responsible for the expansion of the market over the forecast amount. Additionally, rising demand for automation of the existing manufacturing processes because of industrialization and modernization, mainly in developing countries, is evaluated to raise the market growth. As well as increasing government initiatives to hold up industrial automation to convert batch, discrete, and continuous manufacturing systems into smart manufacturing to abolish delay and human mistake in the production processes will further drive market expansion.

The regional analysis of global COVID-19 Impact on Smart The manufacturing market is considered for the key regions such as the Asia Pacific, Latin America, North America, Europe, and the Remainder of the World. Asia Pacific region holds a domineering position in the market on account of the existence of a large number of smart manufacturing companies stimulated by the need to compete at international levels. By Information Technology segmented into Human-Machine Interface, Manufacturing Execution System, Industrial Communication, Warehouse Management System Plant Asset Management, and Enterprise Manufacturing Intelligence. By Enabling Technology into Industrial 3D printing, A collaborative robot, IIOT, AI in manufacturing, Industrial cybersecurity, Digital twin, Machine condition monitoring, Industrial machine vision, and Automated guided vehicle. By Industry fragmented into Process Industry and Discrete Industry.

An important distinction among regional markets is that the developing countries are spending on smart technologies to keep abreast of international manufacturing standards and trends. While developed economies are helping digital transformation to get back offshore manufacturing to their own countries. Delay in restarting of production industrial projects because of lockdown will cause manufacturing reduction and supply threat. This factor is hampering the growth of the smart manufacturing market in the COVID-19 outbreak.

However, a growing number of small and medium-sized enterprises, as well as increasing the popularity of improved industry technology to

reduce labor disbursement, are also anticipated to drive the market size. Furthermore, the development of smart manufacturing will likely boost trends such as onshoring and have an impact on the geopolitical and technological landscape during the forecast amount and after the COVID-19 outbreak.

For More Information on the Research Report, refer to below links: -

Global Smart Manufacturing Market Outlook

Related Report: –

Smart Manufacturing Market by Technology (PLC, DCS, HMI, MES, PLM, SCADA, and Machine Vision), by Component (Hardware, Software, and Services) for Electronics, Healthcare, Automotive, Oil & Gas, Aerospace & Defense, Food & Agriculture, Industrial Equipment, Chemicals & Materials, and Others by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa): Global Industry Perspective, Comprehensive Analysis, and Forecast 2017-2023

Contact Us: –

Ken Research

Smart manufacturing is computer integrated manufacturing technology that helps to boost the productivity supported the demand level. Due to the benefits of smart manufacturing systems, there is wide adoption of this advanced automated system by many of the production units to enhance the effective production and product quality. This factor will propel the growth of the market. The increasing demand for smart manufacturing products & solution propelled by COVID-19 and the emerging & expanding role of collaborative robots in healthcare and manufacturing sectors is the factor responsible for the expansion of the market over the forecast amount.

The regional analysis of global COVID-19 Impact on Smart The manufacturing market is considered for the key regions such as the Asia Pacific, Latin America, North America, Europe, and the Remainder of the World. Asia Pacific region holds a domineering position in the market on account of the existence of a large number of smart manufacturing companies stimulated by the need to compete at international levels. By Information Technology segmented into Human-Machine Interface, Manufacturing Execution System, Industrial Communication, Warehouse Management System Plant Asset Management, and Enterprise Manufacturing Intelligence. By Enabling Technology into Industrial 3D printing, A collaborative robot, IIOT, AI in manufacturing, Industrial cybersecurity, Digital twin, Machine condition monitoring, Industrial machine vision and Automated guided vehicle. By Industry fragmented into Process Industry and Discrete Industry.

However, a growing number of small and medium-size enterprises, as well as increasing the popularity of improved industry technology to

For More Information on the Research Report, refer to below links: -

Global Smart Manufacturing Market Outlook

Related Report: –

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Global Augmented Reality Devices Market Research Report: Ken Research

Major players in the augmented reality devices market are Sony, Oculus, Samsung Electronics, HTC, Google, Google, Microsoft, Intel Corporation, PTC, and Seiko Epson Corporation.

The Global Augmented Reality Devices Market is expected decline from USD 3.55 billion in 2019 and to USD 2.94 billion in 2020 at a compound annual growth rate (CAGR) of -17.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach USD 7.37 billion in 2023 at CAGR of 35.91%.

The augmented reality devices market consists of sales of augmented reality devices and related services. Augmented reality devices provide an interactive experience of real-world environment by integrating digital visual content and audios into the real-world environment. Augmented reality devices include head-up displays, holographic displays, smart glasses and others.

The North American market is the largest market for Augmented Reality Devices and is expected to continue to be the largest market during the forecast period.

Augmented reality devices manufacturers are increasingly investing in the integration of augmented Reality (AR) and virtual reality (VR) technologies. Combination of virtual and augmented reality enables users to both see and interact with digital content at the same time. For instance, Spatial, an augmented reality company has developed a platform to enable interactive conference call, where the users can interact with their surroundings without any physical presence. With the combination of AR and VR technology, the users of the application can also witness pin boards and whiteboards.

The augmented reality devices market covered in this report is segmented by type into head-mounted display (HMD), head-up display (HUD). It is also segmented by application into consumer, commercial, enterprise, healthcare, aerospace & defense, energy, automotive.

The disruptions in the supply chain caused by the coronavirus outbreak during 2020 are likely to limit the growth of the market. Lockdowns are being experienced in many countries worldwide affecting the supply and demand chains of many sectors including AR and VR devices market. According to SDC supply and demand chain executive magazine published in March 2020, the shipments for AR and VR is likely to record a decline of 10.5% (Year-over-Year) in the first quarter and 24.1% (Year-over-Year) in second during 2020, owing to supply constraints as factories are open at much lower capacities, which in turn is resulting in component shortages. Thus, the supply chain disruption is likely to have a negative impact on the growth of the augmented reality devices market during the forecast period.

On August 29, 2018, Apple acquired Akonia Holographics for an undisclosed amount. Akonia Holographics, founded in 2012 and is headquartered in USA. It uses its HoloMirror technology to produce augmented reality headsets that are thin, transparent and light-weight. The acquisition will help Apple design and develop augmented reality devices using Akonia's HoloMirror technology.

The increasing use of augmented reality (AR) devices in the medical field is driving growth in the AR devices market. AR devices are increasingly being used by surgeons for pre-surgical planning. Surgeons can create 2D or 3D images of patient anatomy and overlay them on to the patient's body for accurate surgical planning. For instance, the Open sight augmented reality system developed by Novarad allows surgeons to visualize into the patient while simultaneously looking at the patient in real time. This enables surgeons to accurately plan for a surgery. Augmented reality is also being used to find the accurate position of veins under a patient's skin during blood transfusion. For instance, AccuVein uses projection based augmented reality to view real time image of veins under the surface of the skin during blood transfusion.

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Global Augmented Reality Devices Market

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Profitable Insights Of Global Digital Twin Market Outlook: Ken Research

Digital Twin is a digital clone of an asset, product, component, process, or a complete system or unit. Digital twins integrate internet of things (IoT), artificial intelligence (AI), machine learning and software analytics with spatial network graphs to create living digital simulation models that update and change as their physical counterpart change. It learns and updates itself from multiple sources to represent its near real-time status. The increasing adoption of emerging technologies such as IoT and cloud and growing use of digital twin for predictive maintenance are the few factors responsible for growth of the market over the forecast period.

According to the study, ‘Global Digital Twin Market to reach USD 52.2 billion by 2026’ categorical that there are some corporates that presently functioning lots with success for dominant the foremost effective growth of the market and obtaining the productive competitive edge whereas acceptive the productive profit making ways during which and policies like joint ventures, mergers and acquisitions, partnership, merger and merchandise development includes Siemens AG, IBM Corporation, Microsoft Corporation, General Electric Company, PTC Inc., SAP SE, Oracle Corporation, Robert Bosch GmbH, Ansys, Inc.. For instance, According to IoT analytics report, the number of IoT devices that are active is expected to grow to 10 billion by 2020 and 22 billion by 2025. Furthermore, the rising advancements and introduction of products and other strategic alliance by market key player will create a lucrative demand for this market. For instance: as per Company's news release in February 2017, IBM Corporation launched new IBM Digital Twin Capabilities to create multiple views of products by bringing together various 'digital threads' and data streams that can be tailored to the needs of a particular user. However, risks associated with data security due to the use of IOT and cloud platforms is the major factor restraining the growth of global Digital Twin market during the forecast period.

The regional investigation of global Digital Twin market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the strong economic infrastructure and significant presence of digital twin vendors in the region. Whereas, Asia-Pacific is additionally anticipated to exhibit highest rate / CAGR over the forecast period 2020-2026.

The market is fragmented, and the degree of fragmentation will speed up throughout the forecast period. The requirement for predictive maintenance will provide immense expansion opportunities. To make the most of the opportunities, market sellers should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Requirement for predictive maintenance has been instrumental in driving the growth of the market. Furthermore, a strong demand from the electronic and electrical/machine manufacturing sector will continue to usher growth for the global digital twin market during the upcoming years. The digital twin market is expected to surge at a compound of good growth rate of till 2025. The popularity of digital twin technology is being partly driven by the rapid adoption of 3D printing and 3D simulation. There has been a fast proliferation of the technology in advanced countries in North America, Europe and Asia. Digital twin is likely to find tremendous application opportunities across major industrial verticals in the years to come. Thus, The Global Digital Twin Market will increase in forthcoming years.

For More Information refer to below link:-

Global Digital Twin Market

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The team of expert research analysts has the required skills to provide clients with high-quality market trends report services. Moreover, we always help clients with global trending reports, industry niche trending reports, demand and supply associated with reports trends, government reserve reports, and many others. We believe in working as consultants for our all customers. We not only gather the data which is needed but also help in drawing the inferences that can help while making key decisions. Our inputs can further be supported by developing effective strategies for better serving our end customers. We have customised research report services designed with the strategic planning resources (time, money, and people) that permit focusing on the core business. We assist in utilization the best market intelligence for assisting and developing the greater business gains which can be done at a much faster, better, and cheaper pace.

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