The smart glass market is growing with the increase in urbanization and advancements in infrastructure around the world. The smart glass is also known as light control glass (LCG), switchable glass or privacy glass and are used for architectural, automotive, interior, and product design industries. The smart glass technologies help in altering the amount of light transmitted through typically transparent materials, allowing these materials to appear as transparent, translucent, or opaque. The smart glass is an innovative building material that is made from electrochromic glass to create intelligent partitions, windows, and skylights. The active smart glass technology allows the control of various light visible with the help of electricity, the glass gets switched from opaque to transparent, allowing for dynamic light control. The smart glass comes in two primary types passive and active. The passive type includes Thermochromic and Photochromic and Active type includes Electrochromic (EC), Suspended particle Devices (SPD), and Polymer Dispersed Liquid Crystal (PDLC). The advancing technology is expected to grow the market share of the energy and power industry.
Thermochromic Smart Glass
The thermochromic glass is an emerging technology in window design, this smart material changes its tint automatically by using heat and light from the sun to darken or lighten the tint of the glass. The thermochromic is a passive type of smart glass. It reduces glare and increases energy efficiency in the building. These glasses are mainly used for controlling solar heat.
Photochromic Smart Glass
The photochromic smart glasses are a passive type of smart glass technology. The photochromic glass changes its light transmission properties according to the amount of UV light. They are used in color-changing lenses for sunglasses, data storage, novelty items, and super-molecular chemistry but they are majorly used for architectural glazing as a form of smart glass.
Electrochromic Device (ECD)
The electrochromic device glass filters both the light and heat of solar rays. The ECD uses two electrodes to drive ionized particles from the “inside” of the glass (transparent) to the “outside” (opaque). Once the particles have moved, no current is required for them to stay at the current state and this impacts the transition time to a gradual speed from its outdoor edges, inward, and full transition can take several minutes or more, depending on the size of the glass. The electrochromic switchable glass is am an ideal choice for exterior applications like energy-conserving windows but is not good for using as privacy glass as it cannot turn completely opaque.
Suspended Particle Device (SPD)
The Suspended Particle Device contains minuscule solid particles that are suspended in liquid and coated between two thin layers of PET-ITO to create a film. Its shades and cool interior helps in blocking up to 99% of incoming natural or artificial light within seconds of shifting voltage. The suspended particle devices are not recommended for privacy purpose as they don’t turn completely opaque nor it is optimized for projection. The suspended particle device can be used in interiors where darkness is required and even in the exterior. The suspended particle device helps in creating more comfortable and environment-friendly indoor spaces. It saves energy costs by regulating the temperature within a structure.
Polymer Dispersed Liquid Crystal (PDLC)
The Polymer Dispersed Liquid Crystal (PDLC) uses liquid crystal a material that shares characteristics of both liquid and solid compounds, which are dispersed into the polymer. The PDLC with switchable smart glass is one of the most highly used technologies and this type of technology is generally used for interior applications and they can be optimized for use in outdoor conditions. The PDLC is available in two applications laminated (for newly fabricated glass) and retrofit (for existing glass) use. The increase in the use of PDLC will grow the smart glass market share.
Benefits of Smart Glass: –
The smart glass provides privacy and it is one of the main reasons for utilizing this technology. It majorly used in offices for making partitions for meeting rooms, higher-level employees’ rooms, and for improvising the interiors. It is even used for controlling the light and temperature in the office.
The smart glass helps in controlling temperature and light in the interior area and saves the cost of energy. The smart glass provides total privacy without blocking the outside light, offices, homes, retail stores and among others can opt for total privacy when their glass is switched off. Even in the daylight, some light penetrates the glass without allowing visibility through it, depending on where glass is installed with respect to sun as a slight hue of light comes through glass, acting as a natural, energy free, the gentle light source for the room itself.
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Easy for using and maintaining
The smart glasses are easy to use and to maintain and are simple both in terms of operation and function. The smart glass can be controlled according to the user choice like the glass can change from frosted to clear at the press of a button, a flick of a switch or even by voice command with use of virtual home assistant making it even easier to use and giving privacy to the occupant as it desires.
The smart glass even helps in improvising the aesthetics of home or office. The smart glass is a glass-based product which makes it provide crystal clear clarity on the surface it has been applied to. The smart glass blends extremely well with the environment and when it is switched off, the glass reverts to a frosted state, ensuring that it looks the part of the surrounding.
The smart glass provides an all-around performance by providing saving in energy cost, improving aesthetics, privacy, and reducing energy consumption. The smart glass is giving rise to the use of various technologies for combinations that gives rise to an entirely new product range. From being a simple privacy solution to a multi-functional projection screen, engaging audiences and reverting to clear glass when not in use.
Applications of Smart Glass:-
The smart glass is used as office partitions, electrically switchable glass partitions and walls add adaptability and provide aesthetics to office interiors.
The smart glass in the hotel adds elegance and efficiency to the place as it is an ideal solution for including a cozy lounging and sleeping space, clean and relaxing bathroom, it makes you feel spacious within the limited square footage.
In hospitals smart glass is eliminating the need for traditional drapery and curtains. It helps the doctor to check the patient without entering a room, reducing disturbances and chances of contamination and improving the overall patient recovery process.
There is a rise in the usage of smart glass in residents owing to use as switchable glass windows, doors, and partitions.
The smart glass is used in retail as a smart visual merchandising technique for complete utilization of storefront windows for advertising and for allowing a view into the store.
Cashew Milk Market is estimated to grow at a CAGR of 18.18% to reach a value of US$267.997 million by 2024
Press ReleasesThe inherent properties of no cholesterol, devoid of casein as well as lactose, make cashew milk the go-to alternative to dairy-based products. This preference for the dairy alternative is increasingly gaining credence because of a huge number of people who are lactose intolerant.
According to the report, the cashew milk market is projected to grow at a CAGR of 18.18% over the forecast period 2018-2024. As per the National Library of Medicine (NLM), approximately 65 percent of the human population has a reduced ability to digest lactose after infancy. Lactose intolerance in adulthood is most prevalent in people of East Asian descent, with 70 to 100 percent of people affected in these communities. Lactose intolerance is also very common in people of West African, Arab, Jewish, Greek, and Italian descent. Other than the aspect of lactose intolerance, the rationale for the changing dietary patterns in today’s world is the perception of millennials about food consumption. The resultant effort is to reduce pharmaceutical intervention and adhere to consumption that caters to the functional benefits and resonates with ethical values.
With regards to functional benefits, it may be noted that with the increasing trend of urbanization, thus the lack of time, a healthy section of the population finds it difficult to supplement the nutritional intake due to the profusion of proceeding food and convenience snacking. Albeit the availability of healthy options, access, quantum and availability are not yet a global phenomenon. The other concern is that of the environment, that is the dairy farming involves the process of animal husbandry which is responsible for contributing to the greenhouse gas emissions (GHG) that are resulting in global warming. With the growing environmental consciousness, the consumer is gradually embracing plant-based milk to retard the advent of global warming and promote an environmental-friendly consumer behavior to which they are proud to associate their identity. So, a variety of plant-based milk just like that of cashew milk has been made available with added fortification with nutrients to make up for the nutrient deficiency that is otherwise found in plant-based milk.
Thus, capitulating on the growing preference of the value-driven individuals and also responding to the need of widening the portfolio of the product as exemplified by Trader’s Joe, the affordable supermarket chain which launched organic vegan cultured cashew milk in May 2019. With nearly 500 locations across the USA, it is poised to add to the contribution towards Cashew Milk Market that is posed to witness a stupendous trend.
Some of the major players covered as part of the report are Danone, Pacific Foods of Oregon LLC (CSC Brands L.P.), Califia Farms, So Delicious Dairy Free, Alpro,Provamel, Forager Project and Nutty Life LLC, among others.
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This report segmented the cashew milk market on the basis following terms:
‘Panic Buying’ a Reason for Sanitizer Shortage in India?
Thought ArticlesIntroduction
The severity of the crisis in the country is indicated by the extreme uncertainty as to when the ongoing pandemic will end. From the starting of March this year there has been a sudden rise in the demand for hand sanitizer in the country. Such an increase in demand arises from a situation when too much money is involved in chasing a few products i.e. supply failed to meet demand. The sudden increase in prices of sanitizers is a result of both demands pull inflation and cost-push inflation. As a matter of fact, consumer demand outpaces the available supply of sanitizers in the country forcing an overall increase in prices. Also, an increase in production costs owing to the surge in prices of raw materials and wages is passed on to consumers in the form of inflated prices of the finished product. Such factors determine the scale of inflation in the sanitizer market in the country.
What happened!
Usually, market players kept an exceeded capacity of 15-20% of the actual demand but due to an uncertain rise in the demand, they failed to meet the supply, thus leading to a rise in price and entry of players in the market. The price of alcohol used in the production of hand sanitizers shows a significant rise which nearly left no option available with sanitizer manufactures to inflate the price of the final product. While this procedure lasts for more than 2 weeks and ends on 19th of March 2020 when Government of India states that the prices of Alcohols used in manufacturing hand sanitizers to be capped under the Essential Commodities Act, 1955 and states were also been advised to increase the existing capacity of existing manufacturing units of alcohol-based sanitizer. While black marketing and hoarding were becoming a question of concern for many as health care personals who are unable to get sanitizers and face masks that vanished from chemist shops in many areas of the country adjoining towns as people resorted to panic bulk buying amid Covid19 outbreak. Now the government has fixed the prices of face masks and hand sanitizers and declaring them as essential commodities. The union minister recently declared that the retail price of a 200ml hand sanitizer bottle will not exceed Rs 100 and the same price is applicable throughout the country till June 30, 2020.
Sanitizer Market in India
The Indian sanitizer market which stood at nearly US$16 million in the 2019 market is expected to witness the growth of 58.89% in the next two years. Major market players like Dettol, Godrej, and Lifebuoy which are holding more than fifty percent share by value in the local market have increased their production capacity to meet the growing demand. Also, according to the estimates by Knowledge Sourcing Intelligence LLP, approximately 38.126 million bottles of hand sanitizer to be sold in the country in 2020.
Love Nocturnal Activities Use Night Vision Device for More Fun
BlogThe night vision device is known as night optical/observation device (NOD) and night vision goggles (NVG) is an optoelectronic device that allows images to be produced in levels of light approaching total darkness. The night vision devices help in the conditions like with little or no light. The night vision devices were made for use at the time of war but with advancing technology, its applications are also increasing. This is driving the market for night vision devices. The night vision devices have three basic functions. That is Detection, Recognition, and Identification. It helps in detecting an object in limited light, recognizes the object, and helps in identifying distinguishing features. The night vision devices come in four different standards starting from Generation 0 then Generation 1, Generation 2, and lastly Generation 3. This is been segmented based on advancing technology and its rising properties with the rise in up-gradation. The night vision devices come in three technologies Thermal Imaging, Infrared Illumination, and Image Intensification or Enhancement. The night vision devices are used in three kinds of products Camera, Goggle, and Scopes. The growing application of night vision devices with advancing technology includes Navigation, Security and Surveillance, for hunting and watching animals in dark, nature observation, increase in nocturnal activities, and many more. The advancing technology is expected to grow the market share of the Semiconductor Industry.
Thermal Imaging
The thermal imaging uses thermographic technology in thermal imaging cameras for detecting the relative difference in the temperature of an object to release or emit heat. The thermography is a general term for scanning, detecting, measuring, and displaying medium wavelength infrared (MWIR) and long-wavelength infrared (LWIR) radiation. The thermal imaging works by capturing high-frequency infrared light (IR) and heat rather than visible light. The thermal imaging device captures the thermal-IR light, and then scans that light with an array of IR detector elements and then interprets the IR light as a sort of heat-map and then converting it into electrical impulses. At last, the impulses go through the device’s processing unit, which further converts the data into an image and sends it to the display. The thermal imaging device is unaffected by smoke or fog and they can be used in absolute darkness since they are not dependant on the visible light. The thermal imaging is highly used for security and surveillance purposes as they can catch any activity through heat reading in total darkness. The increased use of thermal imaging is increasing demand in night vision device market.
Image Intensification/Enhancement
The image intensification or enhancement uses light-amplifying technology that requires minimal light to operate and is used in devices like monocular, binoculars, goggles, and riflescopes. The night vision goggles use image enhancement technology to collect all the available light and then amplifying it to see easily in the dark. Most night vision goggles use image enhancement technology.
Infrared Illumination
The infrared illumination can be used for improving the performance of image intensification devices. It helps in providing a light source to produce enhanced images in a very low-light environment. The infrared illuminators use three illumination technologies incandescent, light-emitting diode (LED) or laser. The
Applications of Night Vision Device are:-
Security Application
The night vision device can be used for a variety of security applications like long-range detection, covert surveillance, use in harsh environmental conditions, and provides greater sensitivity in darker locations. The night vision device can help in catching intruders without even them being aware of surveillance and with thermal imagers in dark locations provides the user with detection capability even when intruders attempt to camouflage themselves. The increase in the use of night vision devices for security applications is increasing the night vision device market share.
Law Enforcement Applications
The image intensifiers night vision device can provide high-quality images using very low levels of ambient light and reveal details that thermal imaging cameras may miss. The night vision devices are helpful in search and rescue operations, surveillance, apprehension, forensics, hazardous material response, tracking, and navigation.
Natural Resource Agency Applications
The night vision device can be used for managing natural resources and for observing nocturnal wildlife for research and inventory. The thermal imagers are useful solutions for detecting wildlife fires, animal inventory, detecting disturbed earth, forensic examination, and tasks related to topography and mapping.
Medical Applications
The use of thermal image scanning is a non-invasive medical procedure that requires no physical contact with the patient. The infrared images provided by using thermal imaging provide data that is useful in the evaluation of muscular performance and blood flow. The thermal imagers can also be used for detecting feverish persons in a crowd.
Use of Night Vision Devices in Different Products: –
Scopes
The night vision scopes are normally handheld or mounted on a weapon; scopes are monocular (one eyepiece). The scopes are handheld and not worn like goggles. They can help in viewing a specific object when required and then can be turned back to normal viewing conditions. The scopes can provide a magnification of 2x and higher. The scope is mainly used for target acquisition since the narrow FOV does not provide adequate breadth for night surveillance. The scopes may be waterproof or camera adaptable depending on the application.
Goggles
The goggles are mostly worn on the helmets and goggles are generally binocular (two eye-pieces) and may have a single or stereo lens, depending on the model. Goggles are excellent for constant viewings, like moving around in a vehicle, boats, or aircraft at night. While the monocular and binocular goggles are best used for surveillance and “stop and look” situations. To increase the magnification and to configure them to be more useful for surveillance accessories can be added. Some of the goggles come with water resistivity and provide improved durability.
Cameras
The cameras with night vision technology are mainly used for security purposes. It can record and capture the image and send it to monitor for display or to a VCR for recording. There are wide types of an assortment of adapters available for digital cameras, 35mm cameras, CCTV, and video equipment for night vision devices.
BFSI Security Market estimated to grow at a CAGR of 9.10% to reach a value of US$45.987 billion by 2025
Press ReleasesThe advent of the internet has facilitated in moving the banking process online aiming to provide efficient and convenient services to customers.
According to the report, the BFSI security market is projected to expand at an impressive CAGR of 9.10% over the forecast period 2020-2025. The BFSI security market is expected to surge during the forecast period which can be attributed to the increasing adoption of cloud-based security solutions around the globe. The BFSI security market is witnessing a good growth as various organization and government agencies are established that not only tracks the consumer fraud but also identify theft complaints, for instance in the United States consumer sentinel network is maintained by the Federal Trade Commission which tracks consumer fraud and identity theft complaints that have been filed with federal, state and local law enforcement agencies, in fact in its recent report fraud complaints in the country have increased from 1.165 thousand in 2015 to 1.427 thousand in 2018. Companies are investing heavily in innovative product development and major players are investing in small startups that further fuel the growth of the market. For instance, in December 2019, CyberGRX, provider of the world’s first and largest global cyber risk exchange, raised $40 million in Series D funding led by the ICONIQ Capital and also backed by Datadog, Gitlab, Procore, and Snowflake. Funding will help the company to meet increasing demand, including expanding globally and driving innovative product development in the direction that eliminates the current time-consuming procedures.
By type, physical security such as access control and video surveillance is the area of interest for banking and other companies around the world. Video surveillance for monitoring the activities inside as well as outside the industry has now become necessary for banking and financial institution which is aiming to address solutions from theft and terrorism. Such video surveillance solutions are used to protect employees and assets of the company. Furthermore, governments and local administration in various parts of the world have institutionalized various regulatory measures to limit the fraud and theft cases which in turn, accelerate the growth of global BFSI security markets. Nevertheless, there is high growth potential in emerging and developing markets and there are regions that are still untapped with regards to the realization of its technological potential. The Information and communications technology revolution in various parts of the world fueled by the progress in the semiconductor technology has also accelerated the pace of BFSI security market growth over the forecast period.
Geographically, North America is expected to hold a significant share in the market and there has been a rapid surge in the popularity of the BFSI security in the United States. Due to the presence of major market players coupled with growing investment in research and development the market is anticipated to witness substantial growth in the coming years. Also, the Asia Pacific region is expected to be one of the fastest-growing markets for BFSI securities over the forecast period. Developing countries such as China and India are projected to experience robust growth with increasing implementation of regulatory standards. In addition, a security solution based on the internet of things (IoT) is anticipated to boost the growth of the market in the European region.
Some of the major players covered as part of the report are Bosch Security Systems, Honeywell Security, Booz Allen Hamilton, Computer Sciences Corporation, Symantec, Dell EMC, Axis Communication, Cisco Systems, IBM, Trend Micro Incorporated, McAfee and Panasonic.
View a sample of the report or purchase complete study at https://www.knowledge-sourcing.com/report/bfsi-security-market
This report segmented the BFSI security market on the basis of the following terms
E-Hailing Market is Estimated to grow at a CAGR of 32.08% to reach a value of US$280.244 billion by 2025
Press ReleasesKnowledge Sourcing Intelligence announces the publication of a new report on “E-Hailing Market – Forecasts from 2020 to 2025" to their offering.
E-hailing or ride-hailing is an ICT enabled service whereby a vehicle can be requested either over a desktop and/or over handheld communication devices like mobile phones, tablets, and the likes. According to the report, the E-Hailing Market is projected to grow at a CAGR of 32.08% over the forecast period 2019-2025. There are quite a few factors that are poised to drive e-hailing market growth at an exponential rate during the forecast period. The first and foremost is the conveniences whereby consumers can avail rides just through the means of a mobile application and /or phone call. This nullifies the need for owning a car and bear all the associated expenses. The other reason that is subsequent to the aforesaid is the adoption of the aforesaid nullifies the need for owning a car that in turn aid s in the gradual reduction in ambient air pollution and becomes a partial contributor to a host of factors that can decelerate global warming. Moreover, with the rapid pace of infrastructure development undertaken by various governments’ around the world the availability of a comfortable ride experience at one’s fingertips sans the hassles like parking troubles is the sum of all the aforesaid factors. The other aspect that has turned out to be successful to woo in the traditional cab hailers is the attractive offers that various e-hailing service providers offer.
For example, OLA and Uber, two globally renowned companies, provide monthly pass facilities to users, where consumers can use ride pooling at lower rates than paying for their rides every day. This aspect also acts as an initiator for those who are in their early adolescence and inadvertently dissuades them from adhering to the propensity of owning a personal vehicle. The other offerings are the inclusion of services like food delivery and e-wallets for making payments for example to pay utility bills are also poised to drive the e-hailing market to an unprecedented echelon during the forecast period. There have been a few launches as well wherein the government has been a major stakeholder. For example, The Dubai Roads and Transport Authority (RTA) and transportation network company Careem officially launched Hala, an e-hailing service in August 2019 the Careem app will enable a good number portion of the taxi fleet to provide services to the consumers and satiate the increasing demand for ride-hailing services.
Some of the major players covered as part of the report are Uber, Lyft, DiDi Chuxing, OLA, MyCar, Grab, Go-Jek, and Bolt, among others.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/e-hailing-market
In this report the E-hailing market has been segmented based on the following:
E-Hailing Services – A New Normal in the Public Transit Ecology
BlogThere are quite a few factors that are poised to drive e-hailing market growth at an exponential rate during the forecast period. The first and foremost is the conveniences whereby consumers can avail rides just through the means of a mobile application and /or phone call. This nullifies the need for owning a car and bear all the associated expenses. The other reason that is after the aforesaid is the adoption of the aforesaid nullifies the need for owning a car that in turn aid s in the gradual reduction in ambient air pollution and becomes a partial contributor to a host of factors that can decelerate global warming. Moreover, with the rapid pace of infrastructure development undertaken by various governments’ around the world the availability of a comfortable ride experience at one’s fingertips sans the hassles like parking troubles is the sum of all the aforesaid factors. The other aspect that has turned out to be successful to woo in the traditional cab hailers is the attractive offers that various e-hailing service providers offer.
For example, OLA and Uber, two globally renowned companies, provide monthly pass facilities to users, where consumers can use ride pooling at lower rates than paying for their rides every day. This aspect also acts as an initiator for those who are in their early adolescence and inadvertently dissuades them from adhering to the propensity of owning a personal vehicle. The other offerings are the inclusion of services like food delivery and e-wallets for making payments for example to pay utility bills are also poised to drive the e-hailing market to an unprecedented echelon during the forecast period. There have been a few launches as well wherein the government has been a major stakeholder. For example, The Dubai Roads and Transport Authority (RTA) and transportation network company Careem officially launched Hala, an e-hailing service in August 2019 the Careem app will enable a good number portion of the taxi fleet to provide services to the consumers and satiate the increasing demand for ride-hailing services.
Certain key Competitive strategies by the prominent players of the market
There have been a few key developments, which have been set in motion by certain major market players in the global ICT sector. Further, in February 2020, Chinese Ride-Hailing GiantDiDi Chuxing (DiDi) announced that it will launch food delivery services in Japan, from April. This strategic move is to expand its presence in the East Asian country. It already operates ride-hailing service in Japan. Last year, that is 2019, the organization launched a similar service in Mexico. It also announced that it will launch its ride-hailing services in Sydney, Australia, in March 2020. In February 2020, the same organization expanded its range of services in Chile by launching DiDi Taxi in the capital Santiago to improve mobility in the country by making a myriad of options available at a price that can be accessed by the consumers, along with better safety standards, among others. On the other hand, it has been reported that in March 2020, the SoftBank Group Corp is about to a $300 million investment in the autonomous driving subsidiary of DiDi Chuxing.
In the same region of South East Asia, another major emerging player in the e-hailing market Gojek has reportedly raised 1.2 billion in fresh capital and increased its Series F round total to just under $3 billion, in March 2020. Gojek, which operates multiple businesses across ride-hailing, food delivery, logistics, and others. There is speculation that it is in conversation with its rival Grab for a merger. While Gojeck has launched a free online medical consultation service in partnership with Halodoc., in the same month Grab has announced the launch of grocery services in Vietnam. Singapore-headquartered ride-hailing firm Grab has launched GrabMart, a grocery service on its app, in Ho Chi Minh City, Vietnam. GrabMart allows users in the southern city to order fresh and processed food and drinks from its merchant partners, including supermarkets, convenience stores, and food retailers.
In January 2020 it was reported that Estonia’s Bolt closedthe US $50 million funding deal from the European Investment Bank (EIB) to help the startup scale throughout Europe and improve its technology. Moreover, the goal of the funding is to support Bolt’s product development and research in areas where the use of technology can improve the safety, reliability, and sustainability of its services while maintaining the high efficiency of the company’s operations. This includes investments in existing services like ride-hailing as well as personalized mobility services like food delivery.
Among all these giants some of them who are facing certain challenging market conditions, Facedrive Inc. (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ride-sharing network, in March 2020 acquired 100% HiRide Share Ltd in a share exchange agreement that will immediately position Facedrive to corner the Canadian market by adding HiRide’s 20,000+ strong long-distance commuter network to Facedrive’s first-ever carbon neutral first-and-last-mile ride-sharing business. The unique selling proposition of both companies is that they operate on “people and planet first” principles, turning the burgeoning and highly polluting ride-sharing into a service that leaves behind a low carbon footprint. While Facedrive is the evolution in first-and-last-mile ride-sharing, HiRide is the evolution in carpooling. Facedrive ride-hailing offsets any possible CO2 emissions, and for the very first time in ride-sharing history, gives customers the choice to be even more environmentally conscious
The scaling doesn’t stop at automobiles only, many have also integrated bike-sharing services enabling the workers an option to travel at their own pace and choose an eco-friendlier transit option. Thus, from the aforementioned myriad of strategic moves that range from global footprint expansion, increasing the service portfolio and plausible mergers as well as acquisitions its s clear that irrespective what the general market is going through the E-Hailing Market trends are quite favorable. Additionally, despite a mixed consensus about whether it aids in the mitigation of impacts of climate change the global e-hailing market is poised to witness exponential growth during the forecast period.
Global Heat Interface Unit Market estimated to grow at a CAGR of 6.73% to reach a value of US$513.511 million by 2025
Press ReleasesKnowledge Sourcing Intelligence announces the publication of a new report on “Global Heat Interface Unit Market – Forecast from 2020 to 2025” to their offering.
Heat Interface Units are majorly installed in large complexes or apartments which consist of multiple dwelling units. Here, a central boiler provides domestic hot water and heating to the whole complex or apartment. Rapid urbanization is one of the key factors driving the growth of the market.
According to the report, the Global Heat Interface Unit Market is projected to increase at a CAGR of 5.29% over the forecast period 2019-2025. The market is poised to grow at a moderate CAGR throughout the forecast period on account of the rapid urbanization and the significant growth in residential construction during the coming years. Furthermore, the growing concerns towards the conservation of energy, especially in the developed economies is also projected to propel the demand for these systems throughout the forecast period. The rising focus on renewable energy is anticipated to propel the investments in R&D by manufacturers for developing solutions with integrated renewable energy systems. Moreover, the low costs associated with these systems both in terms of investments and ongoing maintenance is also one of the prime factors which is amplifying the adoption of these systems across the residential sector and add up to the growth of the market during the next five years.
The global heat interface unit market has been classified into the function, control type, application, and geography. The growing construction sector across the globe on account of rising disposable income and rising government initiatives to boom the residential construction and infrastructural development owing to the improving economic conditions are expected to be the key drivers to amplify the demand for these systems for the construction industry and add up to the growth of the market during the coming years. For instance in the United States, the total value of construction including the public and private for both residential and non-residential sectors has increased from USD$ 788,332 million in 2011 to USD$1,303,469 million by 2019 (Source: US Department of Commerce). Similarly, in the Middle East region, the government of the major countries like Saudi Arabia and UAE have their main focus in the development of commercial infrastructure which is indicated from the fact, there are various initiatives taken by the government of major countries like Saudi Vision 2030, UAE Vision 2021 and UAE Vision 2023 that include the construction of new hotels, airports, and metros which are also anticipated to positively impact the growth of the market during the forecast period and beyond.
The major players covered as part of the report are Dutypoint, Heatrae Sadia, ELCO Heating Solutions, Thermal Integration Ltd, Rhico, Intatec Limited, and Honeywell among others.
View a sample of the report or purchase a complete study at https://www.knowledge-sourcing.com/report/global-heat-interface-unit-market
In this report the Global Heat Interface Unit market has been segmented based on the following:
Smart Glass for Smart People
BlogThe smart glass market is growing with the increase in urbanization and advancements in infrastructure around the world. The smart glass is also known as light control glass (LCG), switchable glass or privacy glass and are used for architectural, automotive, interior, and product design industries. The smart glass technologies help in altering the amount of light transmitted through typically transparent materials, allowing these materials to appear as transparent, translucent, or opaque. The smart glass is an innovative building material that is made from electrochromic glass to create intelligent partitions, windows, and skylights. The active smart glass technology allows the control of various light visible with the help of electricity, the glass gets switched from opaque to transparent, allowing for dynamic light control. The smart glass comes in two primary types passive and active. The passive type includes Thermochromic and Photochromic and Active type includes Electrochromic (EC), Suspended particle Devices (SPD), and Polymer Dispersed Liquid Crystal (PDLC). The advancing technology is expected to grow the market share of the energy and power industry.
Thermochromic Smart Glass
The thermochromic glass is an emerging technology in window design, this smart material changes its tint automatically by using heat and light from the sun to darken or lighten the tint of the glass. The thermochromic is a passive type of smart glass. It reduces glare and increases energy efficiency in the building. These glasses are mainly used for controlling solar heat.
Photochromic Smart Glass
The photochromic smart glasses are a passive type of smart glass technology. The photochromic glass changes its light transmission properties according to the amount of UV light. They are used in color-changing lenses for sunglasses, data storage, novelty items, and super-molecular chemistry but they are majorly used for architectural glazing as a form of smart glass.
Electrochromic Device (ECD)
The electrochromic device glass filters both the light and heat of solar rays. The ECD uses two electrodes to drive ionized particles from the “inside” of the glass (transparent) to the “outside” (opaque). Once the particles have moved, no current is required for them to stay at the current state and this impacts the transition time to a gradual speed from its outdoor edges, inward, and full transition can take several minutes or more, depending on the size of the glass. The electrochromic switchable glass is am an ideal choice for exterior applications like energy-conserving windows but is not good for using as privacy glass as it cannot turn completely opaque.
Suspended Particle Device (SPD)
The Suspended Particle Device contains minuscule solid particles that are suspended in liquid and coated between two thin layers of PET-ITO to create a film. Its shades and cool interior helps in blocking up to 99% of incoming natural or artificial light within seconds of shifting voltage. The suspended particle devices are not recommended for privacy purpose as they don’t turn completely opaque nor it is optimized for projection. The suspended particle device can be used in interiors where darkness is required and even in the exterior. The suspended particle device helps in creating more comfortable and environment-friendly indoor spaces. It saves energy costs by regulating the temperature within a structure.
Polymer Dispersed Liquid Crystal (PDLC)
The Polymer Dispersed Liquid Crystal (PDLC) uses liquid crystal a material that shares characteristics of both liquid and solid compounds, which are dispersed into the polymer. The PDLC with switchable smart glass is one of the most highly used technologies and this type of technology is generally used for interior applications and they can be optimized for use in outdoor conditions. The PDLC is available in two applications laminated (for newly fabricated glass) and retrofit (for existing glass) use. The increase in the use of PDLC will grow the smart glass market share.
Benefits of Smart Glass: –
The smart glass provides privacy and it is one of the main reasons for utilizing this technology. It majorly used in offices for making partitions for meeting rooms, higher-level employees’ rooms, and for improvising the interiors. It is even used for controlling the light and temperature in the office.
The smart glass helps in controlling temperature and light in the interior area and saves the cost of energy. The smart glass provides total privacy without blocking the outside light, offices, homes, retail stores and among others can opt for total privacy when their glass is switched off. Even in the daylight, some light penetrates the glass without allowing visibility through it, depending on where glass is installed with respect to sun as a slight hue of light comes through glass, acting as a natural, energy free, the gentle light source for the room itself.
The smart glasses are easy to use and to maintain and are simple both in terms of operation and function. The smart glass can be controlled according to the user choice like the glass can change from frosted to clear at the press of a button, a flick of a switch or even by voice command with use of virtual home assistant making it even easier to use and giving privacy to the occupant as it desires.
The smart glass even helps in improvising the aesthetics of home or office. The smart glass is a glass-based product which makes it provide crystal clear clarity on the surface it has been applied to. The smart glass blends extremely well with the environment and when it is switched off, the glass reverts to a frosted state, ensuring that it looks the part of the surrounding.
The smart glass provides an all-around performance by providing saving in energy cost, improving aesthetics, privacy, and reducing energy consumption. The smart glass is giving rise to the use of various technologies for combinations that gives rise to an entirely new product range. From being a simple privacy solution to a multi-functional projection screen, engaging audiences and reverting to clear glass when not in use.
Applications of Smart Glass:-
The smart glass is used as office partitions, electrically switchable glass partitions and walls add adaptability and provide aesthetics to office interiors.
The smart glass in the hotel adds elegance and efficiency to the place as it is an ideal solution for including a cozy lounging and sleeping space, clean and relaxing bathroom, it makes you feel spacious within the limited square footage.
In hospitals smart glass is eliminating the need for traditional drapery and curtains. It helps the doctor to check the patient without entering a room, reducing disturbances and chances of contamination and improving the overall patient recovery process.
There is a rise in the usage of smart glass in residents owing to use as switchable glass windows, doors, and partitions.
The smart glass is used in retail as a smart visual merchandising technique for complete utilization of storefront windows for advertising and for allowing a view into the store.
Mobile Location Analytics Market estimated to grow at a CAGR of 18.97% to reach US$20.316 billion in 2025 from US$7.167 billion in 2019
Press ReleasesKnowledge Sourcing Intelligence announces the publication of a new report on “Mobile Location Analytics Market – Forecasts from 2020 to 2025" to their offering.
Mobile Location Analytics, which is also known as (MLA) is a type of customer intelligence solution that is for and used by the retailers in order to develop aggregate reports in order to improve the store layouts and understand the customer shopping patterns.
According to the report, the Mobile Location Analytics Market is projected to increase at a CAGR of 18.97% over the forecast period 2019-2025.
The market is expected to surge over the forecast period owing to the fact that there has been a rise in the disposable income among the low-income and the middle-income population, which has resulted in the increase in their propensity to spend on smartphones. In addition, the penetration of internet is also increasing, which is allowing people to use more of the online services such as online shopping on e-commerce and e-retail platforms. Moreover, the increasing usage of technologies such as Wi-Fi and Bluetooth is also adding to the market growth.
In addition, the demand for mobile location analytics is further increasing owing to the fact there the analytics solutions are being adopted increasingly by the end-user industries. By using these solutions the companies are able to study the and gain meaningful insights related to consumer behaviour, which is facilitated by gaining important data and information from s consumer’s Wi-Fi and Bluetooth enabled devices., which helps the different business owners to understand their customers and serve them better. Therefore, this factor is contributing to the boost in the market growth further.
By tool, the reporting and visualization tools are expected to hold a significant market share owing to the fact that these tools are increasingly preferred by the businesses in order to analyse the consumer behaviour as that are able to effectively present, and manage and visualize data in form of tables charts, and graphs. Thus, they are able to provide insights in a concise manner. Geographically, the North American region is expected to hold a significant market share on account of the well-established Information and Communications Technology industry. In addition, there is a presence of major players and carrier network provider such as Verizon, which are involved in the provision of mobile location analytics solutions, and also investing to accelerate the development of 5G, which are going to further enhance the capabilities of mobile location analytics.
The major players covered as part of the report are Oracle Corporation, IBM, Pitney Bowes Inc., Cisco Systems, Space Curve, Inc., TIBCO Software Inc., Galigeo, and Google among others.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/mobile-location-analytics-market
This report has segmented the Mobile Location Analytics market on the basis following terms:
Understanding the BFSI Security Industry
BlogIntroduction
The Global baking industry has the highest annual costs associated with cybercrime followed by utilities and software companies. Any type of leakage in the confidential data on consumer base, financials and strategies can affect the brand image and especially in the BFSI industry where there is an existence fo both internal and external threats. In recent years the advent of the internet has facilitated in moving most of the banking process online aiming to provide efficient and convenient services to its customers. This has also led to an increase in cybersecurity threats and frauds leading to BFSI enterprises opting for precautionary measures to keep the customers’ data safe. A cybersecurity threat is a malicious act that seeks to steal or even damaged data. Also, as banking customers are moving away from using cash and checks towards relying more on electronic banking, Banking, financial services, and insurance organizations continue to develop more web portals and mobile apps. Although these apps and online portals are aimed at increasing convenience and enhancing the final customer experience, still they pose unique risks in terms of cybersecurity.
BFSI security market trend is witnessing substantial growth in the couple of years as various organization and agencies are established around the globe that tracks the consumer fraud and identify theft complaints, for instance in the United States consumer sentinel network is maintained by the Federal Trade Commission which tracks consumer fraud and identity theft complaints that have been filed with federal, state and local law enforcement agencies, in fact in its recent report fraud complaints in the country have increased from 1,165,625 in 2015 to 1,427,563 in 2018. In addition, in 2019 there were around 1,473 breaches 17% up from 1,257 in 2018 but below the record number of breaches of 1,632 in 2017.
The growing interest in cyber insurance and cyber risk as a result of high profile data breaches and awareness also boosts the market for BSFI security in the coming years. In July 2019, one of the worst data breaches of Capital One Financial Corp exposed nearly 100 million records in the United States and approximately 6 million in Canada. The outside individual who took the data was captured by the FBI and the government also states further strict policies to protect the customers from any such acts in the coming future.
Is physical security is an area of interest for the baking sector?
Physical security such as access control and video surveillance is the area of interest for banking and other companies around the world. Video surveillance for monitoring the activities inside as well as outside the industry has now become necessary for banking and financial institution which are aiming to address solutions from theft and terrorism. Such video surveillance solutions are used to protect employees and assets of the company. Other benefits such as lowering robberies, preventing fraud, continuous surveillance and remote accessibility are further increasing the demand for video surveillance and other physical security of the BSFI industry. In addition, increasing investment in research and development by big market players on advance video surveillance capabilities which artificial intelligence that makes it possible for banks to automatically analyzing the threat detection and reduces the need for manual monitoring and adds facial recognition technology to the mix after which institutions have an edge against criminals.
Further, governments and local administration around the world have institutionalized various regulatory measures to limit the fraud and theft cases which in turn, accelerate the growth of global BFSI security markets. Nevertheless, there is a high growth potential for emerging and developing markets and there are regions that still untapped with regards to the realization of its technological potential. The Information and communications technology revolution in various parts of the world fueld by the progress in the semiconductor technology has also accelerated pace of BFSI security market growth over the forecast period.
Latest Developments in the BFSI security Sector
In December 2019, CyberGRX, provider of the world’s first and largest global cyber risk exchange, raised $40 million in Series D funding led by the ICONIQ Capital and also backed by Datadog, Gitlab, Procore, and Snowflake. Funding will help the company to meet increasing demand, including expanding globally and driving innovative product development in the direction that eliminates the current time-consuming procedures. Also, the company will continue to disrupt industry inertia around the third party cyber risk management be advancing an innovative and proven approach to reduce third-party cyber risk.
In December 2019, Secure Code Warriors secured a Series B funding round of US$47.6 million led by Goldman Sachs. Additional investors include ForgePoint Capital and Cisco Investments and US-based Paladin Capital Group. Such funding is used to support global expansion initiative, ongoing research and product development coupled with the establishment of new operations on the West Coast of the United States in Portland, Oregon and across APAC starting with Singapore.
November 2019, Madrid based cybersecurity firm Buguroo secured US$11 million in Series A funding to bring its Deep Learning-based online fraud detection and prevention technology, device assessment, combining behavioral biometrics and malware detection to more financial services customers. Three new investors will join buguroo board Alex Doll and Paul Ayers from Ten Eleven Ventures and Beatriz Gonzalez from Seaya Ventures.
In November 2017, Lifelock a Symantec company and one of the leading providers of proactive identify theft protection company launched an identify protection product LifeLock® Senior† to help adult children protect senior/old age parents from identity theft. LifeLock and Norton brands together are redefining the security industry and offering customers comprehensive protection that helps connect people, information and things. One of the prime features of LifeLock Senior identity protection is the ability for children, with permission from their senior/old age parents, to view their parents’ banking activity and thereby actively monitoring the potential identity threats.
In 2016, Cisco acquired ClodLock Inc, a cloud security private company based in Waltham, Massachusetts which specializes in cloud access security broker technology and provides companies with visibility around user behavior and sensitive data in cloud services, including Iaas, PaaS and SaaS. The acquisition is further enhancing Cisco’s security portfolio and increases its market share by providing protection from the cloud to the network to the endpoint.
Conclusion
There is an increasing number of developments in the BFSI security market worldwide, it is evident that all stakeholders engaged in this market are active in all sorts so development in the security industry. The market is expected to witness exponential growth opportunities on account of the growing adoption of cloud-based security solutions and the increasing risk of data loss around the globe.