market Analysis

  Market Overview Desktop-as-a-service is a virtual workspace that helps to bring desktop, applications, data, and IT services in a single cloud-based solution. In a competitive market, companies have to overcome multiple challenges such as budgets, security, making data and applications available on multiple platforms, and remote access computing. To overcome these issues, organizations adopt to Desktop-as-a-service (DaaS), which is a desktop virtualization approach, to upgrade organization from a physical to virtual desktop wherein the applications and the infrastructure is managed over the cloud. Virtual Desktop Infrastructure (VDI) reduces the load of the traditional LAN networks and local storages while DaaS ensures security and integrity by providing solutions for security issues such as data breaches, malware injections, and denial of service attacks. Employees require fast and secure access to enterprise’s resources from any device and location. Also, constant advancement in te

  Market Overview Trenchers or ditchers are also known as excavators, as they penetrate the earth, break soil and rocks, and remove debris from the ground. Trenchers are a vital construction equipment that assist in digging trenches, laying pipes or electrical cables, installing drainage systems or preparing trenches for warfare. Trenchers may range in sizes and use various digging equipment, depending on the required depth and width of the trench and the hardness of the surface to be cut. Wheel trenchers, chain trenchers, micro trencher, portable trencher, and tractor mounted trencher are some of the types of trenchers. Wheel trenchers are cheaper than chain trenchers. The attached drives help to maintain speed at optimum levels and facilitate work at faster rate. Trenchers have a wide variety of application, which is a major factor that contributes to growth of the global trencher market. For instance, trenchers can assist in irrigation, drainage, plumbing, and other such activities.

  Market Overview Penetration testing is also known as pen testing. It is a simulated process used to test a computer system, application or a network to check for security weaknesses, which could be easily capitalized on by hacker. They are designed in such way that they will be useful in security assessments and security testing. For penetration testing, a wide variety of security assessment tools are used, which can be hardware-software, websites and (PEA) proprietary enterprise applications. There are various methods under the ambit of penetration testing, which include external testing, internal testing, blind testing, and double blind testing. Major driving factor for growth of the penetration testing market is the ability of penetration testing to provide security to industries from various cyber-attacks, as increasing incidence of cyber-attacks can increase the vulnerability of critical data stored by organizations and adversely impact the revenue. For instance, according to a

  Market Overview Green UPS (Uninterrupted Power Supply) is an electrical device, which provides power supply to loads when power supply from the main station fails. It helps in conserving energy and reducing the carbon footprint. A single green UPS system can reduce carbon footprint by 3,152 pounds and conserve 2,352 kilowatt-hours of electricity, which is enough to power a compact fluorescent light bulb for 20 years. Restriction of hazardous substance (ROHS) directive adopted by the EU in February 2003 put forth restrictions on the use of certain hazardous chemicals/substances for the manufacturing of electrical or electronic products. The green UPS comply with the directive and is eco-friendly, as they do not involve the use of hazardous chemicals/substances during its manufacture. Most of the conventional power supply systems cause harmonic pollution. Harmonic pollution in power systems is caused due to increased heating of the equipment and conductors as well as misfiring (absence

  Market Overview An axial piston motor is a positive displacement motor that has a number of pistons in a circular array within a cylinder block. Axial piston motor works with a bent axis design or swash plate principle and is available in both variable and fixed displacement designs. The constant displacement type works as a hydraulic motor and the variable displacement type works as a hydraulic pump. Axial piston motors are used in various applications such as industrial, construction, agriculture, and marine equipment. The current growth witnessed by the industrial sector is one of the key drivers, which is fueling growth of the axial piston motors market. For instance, according to a report by the United Nations Industrial Development Organization (released in January 2018), the global industrial output in 2017 rose by 3.2% over the value recorded in 2016 and the manufacturing output of developed nations grew by 1.8%, in 2017. This accounted for over 40% of the global industrial o

  Market Overview Airbag sensors are part of the safety arrangement inculcated into cars for protecting the passenger’s head and chest area from being hurt during collision. The sensors are responsible for detection of sudden deceleration in a collision. Although these sensors are located throughout the vehicle, they are majorly present at the front side and behind the front fender to detect an impact at the front and in the side column to detect a side impact. The sensors trigger the airbag to go off whenever it detects a collision. The market for air bag sensors is primarily driven by growing automobile industry and the demand for airbag employed in Light Commercial Vehicle (LCV) and trucks. Increasing rate of fatal accidents are propelling demand for airbag in the vehicle. For Instance, according to the association for safe international road travel, an estimated 3,287 deaths per day were reported due to road accidents. Automakers are focused on providing safety measure in car model

  Market Overview The constant cyber-attacks on industries such as telecom, healthcare, banking and financial, retail, and manufacturing is influencing adoption of mobile runtime application self-protection solutions. According to F-Secure Labs, in 2016, around 5000,000 samples of data were received from customers daily, reporting around 10,000 malware and around 60,000 malicious URLs. According to the Reserve Bank of India (RBI), during 2015–2016, around 16,468 frauds associated with ATM, debit card, credit card, and net banking were reported. The number recorded in 2015 was higher than that recorded in 2014, accounting for around 13,083 frauds and that recorded in 2013, accounting for 9,500. These are the major factors leading to increasing adoption of mobile runtime application-based security. Increasing utilization of mobile devices and rising adoption of internet are some of the factors for increasing distributed denial of service (DDoS) attacks. For instance, according to Coheren

  Market Overview A gas leak detector is specialty equipment that can detect the presence of gases in an area as part of a system. This type of equipment is used to detect a gas leak or other emissions that may interfere with a control system leading to shut down. Such equipment used advanced technologies such as ultrasonic, electrochemical, and infrared. Gas leak detectors are used in various sectors including oil & gas, chemicals, power generation, shopping malls, restaurants, and hotels, residential, etc. Furthermore, gas leak detectors can either be fixed or portable. Natural gas and crude oil gas are primary raw materials for the production of energy. The development of gas infrastructures such as pipelines, gas stations, and warehouses is expected to increase the demand for gas worldwide. As a result of this, the demand for gas leak detectors is expected to increase significantly. Hence, these factors are expected to drive growth of the global gas leak detectors market during

  Market Overview Vertical multistage centrifugal pump is a mechanical device used for the transportation of liquid from one place to another by creating suitable pressure on the head of pump. The vertical multistage pumps provide several benefits such as saves energy, and is able to operate in a wide range of flow/head scenarios. These vertical centrifugal pumps are especially used for transporting large volumes of liquid with substantial pressure head and are largely utilized for water, wastewater, and industrial liquid transportation in power, steel, agriculture, and among others Factors such as rising urbanization across the world and rapid growth in the global population, which has led to increase in infrastructural and construction activities and this is expected to aid in growth of the market For instance, according to World Bank ,the urban population in 2014 was 53.8% of global population, which reached up to 54.3% in 2016, globally. Development in infrastructural activities re

  Market Overview The factor attributed the growth of the market is growing consumption of energy across the globe. For instance, according to worldbank.org, analysis, 17.8% of energy was consumed in 2014 and it has grown to 18.1% in 2015, globally. Since, utilization of energy is increasing at a rapid rate consumers are adopting those technologies, which are low powered and minimises energy consumption. The Zig Bee protocol monitors and manages consumers’ energy consumption, which further helps in reducing wastage of energy and lowering energy costs for both utilities and end-users. Moreover, government initiatives for smart city project is another factor leading to increasing installation of ZigBee protocol in smart city for controlling consumption of energy. For instance, in 2015, Government of India launched "100 Smart Cities Mission". Hence, all these factors will expected to drive the growth of the Zig Bee protocol over the forecasted period (2018-2026). However, short

  Market Overview GPS tracking devices are used for tracking the movements any person or vehicles, which help in determining the exact location of the assets. This information is stored in the tracking unit, which are further transmitted to a central location database by using a cellular devices, radio, or satellite modem embedded in the unit. One of the major factors attributed to growth of the market is advancement in Internet of Things (IoT) and cloud technology due to increasing penetration of internet users across the world. For instance, according to the Internet World Stats, in June 2017, total Internet users were reported to be 3.88 billion among global population of 7.52 billion. Moreover, according to the Coherent Market Insights’ analysis, the number of Internet of things (IoT) connected devices was US$ 17.72 billion in 2016, and it has increased to US$ 20.38 billion, worldwide. Integration of IoT and cloud technology provides facility to install the GPS tracking device in a

  Market Overview Gear reducer is a mechanism by which output energy of high-speed motor or engine is transmitted to another mechanical component by lowering the rotational speed at higher torque. It also delivers mechanical safety by reducing speed of the rotating equipment. The number of gears used in the reduction gear assembly depends on the output speed and requirement of applications. Increasing installation of wind turbines worldwide is one of the major factors driving growth of the gear reducer market. Gear reducer is used in wind turbines for controlling the speed of motor with which power is transmitted. The primary purpose of gear reducer is to multiply the amount of torque generated by an input resource, in order to achieve the desired output from the wind turbine. For instance, according to the Global Wind Energy Council (GWEC), in 2016, the total installed capacities of wind turbine was 485 GW and is expected to surpass 800 GW by 2021. According to Coherent Market Insight