Oxygen Therapy Market Size To Grow USD 18.2 Billion By 2024 | The Key Players in This Industry Include CareFusion, Corp., Tecno-Gaz Industries, GE Healthcare, & Hersill: Grand View Research, Inc.

Grand View Research, Inc. - Market Research And Consulting.

According to a new report by Grand View Research, Inc the global oxygen therapy market size was estimated at USD 7.09 billion in 2015 and is anticipated to grow at a CAGR of 11.1% over the forecast period. Increasing incidences of chronic respiratory diseases coupled with rising demand for home healthcare are the major drivers of the market.

The global oxygen therapy market is expected to reach USD 18.2 billion by 2024, according to a new study by Grand View Research, Inc. The increasing prevalence of major respiratory diseases, such as Chronic Obstructive Pulmonary Disease (COPD), asthma, and obstructive sleep apnea, is a high impact rendering driver of oxygen therapy market.

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As per the estimates of the WHO, a consequential global rise in the prevalence of asthma and other respiratory disorders, is expected to heightened clinical urgency to treat the aforementioned disorders and is expected to boost the demand for oxygen therapy as the first-line treatment and as a supplement in various applications. 

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Moreover, technological advancements are anticipated to provide growth platforms in a wide range of new applications such as cancer and diabetes; for instance, incorporation of flow sensors in delivery devices to conserve and regulate the flow enabling greater patient comfort and outcomes. 

Further key findings from the study suggest:

• The oxygen source equipment segment dominated the product segment in terms of revenue share in 2015owing toits high usage rate and wide scale availability in various forms such as liquid compressed gas, and concentrators. On the other hand, oxygen delivery devices are expected to grow at a lucrative rate being an indispensable part of the oxygen therapy set-ups, thereby contributing towards the overall oxygen therapy market growth during the forecast period.

• Oxygen concentrator spear headed the source equipment market segment owing to rising popularity and adoption of Portable Concentrators in emergency medicine, ambulatory, and home settings.

• Oxygen masks dominated delivery device market segment at over USD 800.0 million in 2015, as a consequence of being the indispensable unit of the delivery system and greater availability of specialty masks as per the patient’s physiological needs

• Chronic Obstructive Pulmonary Disease (COPD) held a substantial market share of application segment and constituted for over 37.0%of the overall revenue share, owing to presence of unmet needs pertinent to COPD treatment, thereby propelling the demand for oxygen therapy market

• Home Healthcare is anticipated to grow lucratively at CAGR of 11.8% owing to associated benefits such as long-term cost efficiency and increased mobility, propelling the demand over the forecast period. Moreover, presence of organizations such American Association for Homecare to promote awareness and strengthen home healthcare are expected to provide growth platform in future to oxygen therapy market

• The key players in this industry include CareFusion, Corp., Tecno-Gaz Industries, GE Healthcare, Hersill, DeVilbiss Healthcare, Philips Respironics, Inc., MAQUET Medical Systems, Allied Healthcare Products, Smiths Medical, Fisher & Paykel Healthcare Limited, Invacare Corporation and Teleflex Incorporated

• These industry players are adopting strategies such as new product development, technological innovation, and strategic collaborations, such as mergers &acquisitions, to capitalize their industry share. For instance, in May 2015, Fisher & Paykel Healthcare launched AIRVO nasal high-flow system to expand its product portfolio and capture greater share of oxygen therapy market.

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Furthermore, the increasing focus on home healthcare solutions coupled with the development of portable delivery devices has a major impact on the oxygen therapy market. These aforementioned factors are expected to serve as key contributing factors towards the growth of the oxygen therapy market over the forecast period.

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Grand View Research has segmented the oxygen therapy market on the basis of product, application, end-use, and region: 

Global Oxygen Therapy Product Outlook (Revenue, USD Million, 2012 - 2022)

• Oxygen Source Equipment

  • Oxygen Cylinders

  • Oxygen Concentrators

  • Liquid Oxygen Devices

  • PAP Devices

• Oxygen Delivery Device

  • Oxygen Masks

  • Nasal Cannula

  • Venturi Masks

  • Non-rebreather Masks

  • Bag Valve Masks

  • CPAP Masks

  • Others

Global Oxygen Therapy Application Outlook (Revenue, USD Million, 2014 - 2024)

• Chronic Obstructive Pulmonary Disease

• Asthma

• Obstructive Sleep Apnea

• Respiratory Distress Syndrome

• Cystic Fibrosis

• Pneumonia

• Others

Global Oxygen Therapy End-Use Outlook (Revenue, USD Million, 2014 - 2024)

• Home Healthcare

• Hospital

Oxygen Therapy Regional Outlook (Revenue, USD Million, 2014 - 2024)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

• Asia Pacific

  • Japan

  • China

  • India

• Latin America

  • Mexico

  • Brazil

• MEA

• South Africa

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About Grand View Research

 

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research Guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/oxygen-therapy-market

Video Streaming Market Worth $184.3 Billion By 2027 | Globally, The Rising Demand for On-demand Video and Extensive Growth of Online Video are Key Drivers: Grand View Research, Inc.

Grand View Research, Inc. - Market Research And Consulting.

According to a new report by Grand View Research, Inc the global video streaming market size was pegged at USD 42.6 billion in 2019 and is expected to register a CAGR of 20.4% from 2020 to 2027. Innovations such as block chain technology and artificial intelligence (AI) to improve video quality are expected to boost market growth. AI is playing an essential role in editing, cinematography, voice-overs, scriptwriting, and several other aspects of video production and upload.

The global video streaming market size is expected to reach USD 184.3 billion by 2027, according to a new report by Grand View Research, Inc., registering a CAGR of 20.4% from 2020 to 2027. Rising technological advancements such as the implementation of block-chain technology in video streaming and the use of artificial intelligence (AI) to improve content quality are expected to boost market demand over the forecast period. Furthermore, the growing adoption of cloud-based streaming solutions to increase the reach is directly influencing the market growth. This trend is observed in numerous parts of North America and the Asia Pacific. Factors behind the growth of these regional markets include rapid digitalization, increasing use of mobiles and tablets, and growing popularity of online viewing.

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Globally, the rising demand for on-demand video and extensive growth of online video are key drivers of the market. Moreover, increasing demand for high-speed internet connectivity acts as an advantage for the market. The growing acceptance of smartphones in combination with an extensive range of high-speed internet technologies such as 3G, 4G, and LTE has substantially led to the trend of online broadcasts. In addition, the growing demand for devices that can support digital media is helping consumers access media content anywhere in the world.

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The market can be categorized, based on stream type, into the live and non-linear video. The ability to view content via the internet and in real-time can be defined as live streaming. This segment is expected to portray the highest growth over the forecast period. Based on the solution, the market has been segmented into internet protocol TV, over-the-top (OTT), and pay-TV. OTT-based solutions deliver film and TV content through the internet without the need to subscribe to a traditional cable or pay-TV services.

Further key findings from the report suggest:

• Increasing usage of videos in corporate training and in the education sector are anticipated to drive the market

• The over-the-top (OTT) segment held the largest revenue share and is also expected to grow at the fastest pace over the forecast period

• The Asia Pacific is expected to witness significant growth over the forecast period, majorly due to increasing demand for high-speed internet connectivity and on-demand video streaming

• Key players in the video streaming market include Akamai Technologies; Amazon Web Services, Inc.; Apple Inc.; Cisco Systems, Inc.; Google; Kaltura, Inc.; Netflix; International Business Machine Corporation (IBM Cloud Video); Wowza Media Systems, LLC; AT&T Intellectual Property; and Hulu.

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In 2019, smartphones and tablets held the largest share based on platform, majorly due to easy accessibility of the internet, increasing disposable income, better standard of living, and changing lifestyle. The smart TV segment, on the other hand, is expected to register healthy growth over the forecast period. Based on the revenue model, the subscription segment, including providers such as Netflix and Amazon Prime, held the largest share and is expected to register the fastest CAGR over the forecast period. This can be attributed to a wide variety of content and availability of various subscription plans.

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Grand View Research has segmented the global video streaming market based on streaming type, solution, platform, service, revenue model, deployment type, user, and region:

Video Streaming Type Outlook (Revenue, USD Billion, 2016 - 2027)

• Live

• Non-Linear

Video Streaming Solution Outlook (Revenue, USD Billion, 2016 - 2027)

• Internet Protocol TV

• Over-the-Top (OTT)

• Pay-TV

Video Streaming Platform Outlook (Revenue, USD Billion, 2016 - 2027)

• Gaming Consoles

• Laptops & Desktops

• Smartphones & Tablets

• Smart TV

Video Streaming Service Outlook (Revenue, USD Billion, 2016 - 2027)

• Consulting

• Managed Services

• Training & Support

Video StreamingRevenue Model Outlook (Revenue, USD Billion, 2016 - 2027)

• Advertising

• Rental

• Subscription

Video StreamingDeployment Type Outlook (Revenue, USD Billion, 2016 - 2027)

• Cloud

• On-Premises

Video StreamingUser Outlook (Revenue, USD Billion, 2016 - 2027)

• Enterprise

  • Corporate Communications

  • Knowledge Sharing & Collaborations

  • Marketing & Client Engagement

  • Training & Development

• Consumer

  • Real-Time Entertainment

  • Web Browsing & Advertising

  • Gaming

  • Social Networking

  • E-Learning

Video Streaming Regional Outlook (Revenue, USD Billion, 2016 - 2027)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • U.K.

  • Germany

  • France

• Asia Pacific

  • China

  • Japan

  • India

• South America

  • Brazil

• Middle East and Africa (MEA)

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About Grand View Research

 

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research Guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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COVID-19 Impact on Automotive In-Cabin Air Quality Improvement Solutions Market

COVID-19 Impact on Automotive In-Cabin Air Quality Improvement Solutions Market

COVID-19 Impact on Automotive In-Cabin Air Quality Improvement Solutions Market by Product Type (integrated HVAC system, air purifier/ionizer, ozone generators, Cloud-based Air Quality Monitoring System), Vehicle and Countries

Post COVID-19, the automotive in-cabin air quality improvement solutions market is projected to reach USD 1,218 million by 2021, from USD 1,083 million in 2020, at a CAGR of 12.5%. The projection for 2021 is based on the impact of COVID-19, OEM initiatives, and the adoption of multi-layer cabin filtration systems after the pandemic.

The major factors driving the growth of the automotive in-cabin air quality improvement solutions market include increasing demand for Multi-layer HEPA and activated carbon filters for the HVAC systems and OEM initiatives for healthy/hygienic in-cabin experience.

Some of the major players in the automotive in-cabin air quality improvement solutions market are Bosch (Germany), Denso (Japan), Valeo (France), MAHLE (Germany), Marelli (Italy), Air International Thermal Systems, MANN+HUMMEL (Germany), Eberspächer (Germany) among others.

Development and shift towards intelligent cabin air filtration systems and sterilization devices would be the new trend after the COVID-19 pandemic

Post pandemic, medical concerns, and health awareness would boost the demand for intelligent air purification systems or UV sterilization systems in the passenger car segment. The shift is already visible in the Chinese automobile market. Major automakers such as SAIC Motor, Geely Auto, and Changan Automobile planned to launch vehicles with anti-bacterial and anti-microbial air conditioning systems. For instance, Geely launched its ICON SUV with the N95 certified Intelligent Air Purification System (IAPS) in February 2020. The vehicle received 30,000 pre-orders before the launch, citing demand for such vehicles in the market. In addition, Geely,s two models – Geometry A and Jiaji MPV received certification for Vehicle Level Solid Particulates/Aerosol Filtering Protection China from TÜV Rheinland, an international inspection, testing, and certification organization in March 2020. The certification recognizes mask level filtrable efficiency of air conditioning filters. In February, the OEM announced that all 2020 Geely vehicles will have G-Clean Intelligent Air Purification System (IAPS). The system uses advanced activated carbon chemical filters and has a negative ion generator that will sterilize and deodorize the cabin. Meanwhile, in February 2020, SAIC Motor and it's auto component manufacturers launched two new products - UV based vehicle sterilization systems to be installed in its new vehicles. Sanden Huayu Automobile Air-Conditioning manufactured a deep ultraviolet (DUV) device which can be installed inside the air condition system to block viruses and bacteria from entering the cabin. Another product – a DUV sterilization box, developed Yanfeng, which can be installed on the roof. More such development would impact the automotive in-cabin air quality improvement solutions market positively.

Suspension of vehicle production by major OEMs would have an adverse effect on the in-cabin air quality improvement solutions market.

The automotive industry was already struggling in 2019 in major countries. Automotive production plummeted sharply due to weaker demand in major auto markets. For instance, in China, the largest automotive market, passenger car production bottomed at 21.36 million in 2019, a decline of 9.2% compared with 2018. Whereas, passenger car sales were 21.44 million, a decline of 9.6% compared with the previous year.

The situation further deteriorated due to the COVID-19 outbreak. Major automakers have either suspended production or running at lower capacity due to lower demand, lockdowns, and component supply issues. According to the ACEA (as of 20 April), OEMs lost vehicle production of approximately 2,068,832 units across Europe due to an average shutdown of 26 days. Major losses occurred in Germany, France, Spain, Italy, and the UK, with an estimated volume of 553,767; 272,432; 397,012; 124,524; and 167,144 units, respectively. The production losses are yet to increase as shutdowns are extended and additional plants are halted. For instance, German automaker Volkswagen extended its production suspension by 5 more working days till 19 April due to the fall in demand on the automobile market and supply chain issues. The overall demand for in-cabin air quality improvement solutions would be low due to production suspensions, production adjustments by the OEMs due to lower demand, and supply chain issues after the COVID-19 crisis.

China will be a key market for automotive in-cabin air quality improvement solutions

Wuhan, the epicenter of the COVID-19, is one of the major production hubs for OEMs and tier 1 auto component manufacturers. China’s vehicle sales declined for two consecutive years. The pandemic further deepens the decline. Vehicle sales in the country declined by 42% from January to February due to lockdowns and quarantine. However, the vehicle and auto component production has resumed in the country as of the first week of April. The disruption of supply has almost been alleviated. The Ministry of Commerce is working closely with manufacturers and guiding them to increase production and monitor overseas suppliers. The government is also ensuring a smooth supply of core components and raw materials. After the pandemic, the demand for cabin air filters will rise. Chinese OEM Geely had already launched its ICON SUV with an N95-certified Intelligent air purification system. Geely’s all 2020 models will have this feature. In addition, SAIC Motor, Changan Automotive, and WM Motor planned to launch vehicles with certified cabin filtration systems. More such developments in China are expected to fuel the demand for in-cabin air quality improvement solutions in the country.

Key Questions Addressed by the Report:

• What are the impact of COVID-19 on the automotive in-cabin air quality improvement solutions market and its segments?
• What are the opportunities for automotive in-cabin air quality improvement solutions providers due to post-pandemic health and medical concerns?
• How much growth is expected from different vehicle types once the vehicle production resumes?
• What is the effect of COVID-19 in key countries in the automotive in-cabin air quality improvement solutions market?
• Post pandemic, who are the major gainer in the market, and what are their growth strategies?

 

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Medical Oxygen Concentrators & Oxygen Cylinders Market Size Worth $3.7 Billion By 2026 | Grand View Research, Inc.

Grand View Research, Inc. - Market Research And Consulting.

According to report published by Grand View Research, the global medical oxygen concentrators and oxygen cylinders market size was valued at USD 2.9 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.2% from 2020 to 2026.

The global medical oxygen concentrators & oxygen cylinders market size is expected to reach USD 3.7 billion by 2026, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.2% over the forecast period. Technological improvements in oxygen concentrators, such as lesser weight, greater efficiency, high oxygen output, are anticipated to raise demand for portable concentrators, thereby aiding growth of the market. These concentrators allow patients to adopt an active lifestyle. They can easily carry out their day-to-day activities while using these medical devices. Hence, manufacturers are trying to miniaturize these medical devices as smaller sizes are always preferred by patients.

In addition, increasing prevalence of chronic obstructive pulmonary disease (COPD) and other lung disorders is another key factor driving the market. Prevalence of COPD and other lung disorders is high in tobacco smokers and people exposed to airborne pollutants. COPD is a leading cause of mortality and morbidity worldwide. According to the European Respiratory Society, in 2019, COPD emerged as the fourth major cause of mortality and morbidity and is expected to become the third leading cause of mortality and morbidity in the next ten years, if the prevalence grows at the same rate. According to the Global Burden of Disease Study, in 2016, the prevalence of COPD was 251 million globally.

COPD is a leading cause of death in U.S., however many people are still ignorant about it, thus many cases remain undiagnosed. Hence, governments in various countries have undertaken initiatives to educate people about the early symptoms and ways of managing the condition. For instance, the National Heart, Lung, and Blood Institute (NHLBI) in U.S. initiated the COPD Learn More Breathe Better Program-a national health education program-that aims to create awareness about lung health in the country. Rising number of government initiatives and awareness campaigns by various organizations to educate patients about COPD is expected to drive the market for medical oxygen concentrators and cylinders over the forecast period.

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Key Takeaways from the report:

• Portable concentrators emerged as the leading product segment in 2019 with a revenue share of 35.2%
• By technology, continuous flow accounted for the largest revenue share in 2019. The pulse flow segment is projected to expand at the fastest CAGR during the forecast period
• Based on end user, home care emerged as the leading segment in 2019 owing to growing usage of home-based therapy
• North America accounted for the largest market share based on revenue in 2019. Increasing prevalence of COPD, growing geriatric population, and technology advancements are driving the usage of these medical devices amongst people in U.S.
•  

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Grand View Research has segmented the global cash management system market on the basis of component, operation type, deployment, enterprise size, end use, and region:

Cash Management System Component Outlook (Revenue, USD Billion, 2016 - 2027)

• Solution
• Service

Cash Management System Operation Type Outlook (Revenue, USD Billion, 2016 - 2027)

• Balance & Transaction Reporting
• Cash Flow Forecasting
• Corporate Liquidity Management
• Payables
• Receivables
• Others

Cash Management System Deployment Outlook (Revenue, USD Billion, 2016 - 2027)

• Cloud
• On-premise

Cash Management System Enterprise Size Outlook (Revenue, USD Billion, 2016 - 2027)

• Large Enterprises
• Small & Medium Enterprises

Cash Management System End-Use Outlook (Revenue, USD Billion, 2016 - 2027)

• Banks
• Retail
• Non-Banking Financial Corporations
• Commercial Enterprises

Cash Management System Regional Outlook (Revenue, USD Billion, 2016 - 2027)

• North America
  • U.S.
  • Canada
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • Middle East & Africa

List of Key Players of Medical Oxygen Concentrators & Oxygen Cylinders Market

• Drive DeVilbiss Healthcare, Inc.
• Philips Healthcare
• Invacare Corporation
• Nidek Medical
• Inogen, Inc.
• AirSep Corporation
• ResMed

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Multiparameter Patient Monitoring Systems Market Size, Share & Trends Analysis Report By Device Type (Fixed, Portable), By Acuity Level (Medium, Low), By Age Group, By End Use, By Region, And Segment Forecasts, 2020 – 2027

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Hydrotherapy Equipment Market Size, Share & Trends Analysis Report By Type (Pools, Tub/Bath), By Application (Cardiology, Pain Management), By End Use, By Region, And Segment Forecasts, 2020 – 2027

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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Founded in 1993, in Orlando, FL the Backstreet Boys (BSB) consists of singers A. J. McLean, Howie D., Nick Carter, Kevin Richardson, and Brian Littrell. Their self-entitled debut album in 1996 rose the boys to national fame. However, their third album, Millennium, catapulted them to worldwide fame and they began selling tickets to large venues all over the world.

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2021 Backstreet Boys Tour Dates

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Jun. 11 - Phoenix, AZ - AK-Chin Pavilion
Jun. 12 - Albuquerque, NM - Isleta Amphitheater
Jun. 17 - Rogers, AR - Walmart AMP
Jun. 18 - Irving, TX - Toyota Music Factory
Jun. 19 - The Woodlands, TX - Cynthia Woods Mitchell Pavilion
Jun. 21 - Jacksonville, FL - Vystar Veterans Memorial Arena
Jun. 22 - Tampa, FL - MidFlorida Credit Union Amphitheatre
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Jun. 25 - Charlotte, NC - PNC Music Pavilion
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Jul. 02 - Toronto, ON, Canada - Budweiser Stage
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Jul. 07 - Mansfield, MA - Xfinity Center
Jul. 09 - Wantagh, NY - Northwell Health at Jones Beach Theater
Jul. 10 - Darien Center, NY - Darien Lake Amphitheatre
Jul. 12 - Holmdel, NJ - PNC Bank Arts Center
Jul. 15 - Camden, NJ - BB&T Pavilion
Jul. 17 - Hartford, CT - Xfinity Theatre
Jul. 18 - Virginia Beach, VA - Veterans United Home Loans Amphitheater
Jul. 20 - Bristow, VA - Jiffy Lube Live
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Jul. 23 - Burgettstown, PA - S&T Bank Music Park
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Jul. 27 - Cuyahoga Falls, OH - Blossom Music Center
Jul. 30 - Indianapolis, IN - Ruoff Home Mortgage Music Center
Jul. 31 - Chicago, IL - Hollywood Casino Amphitheatre
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Aug. 25 - Spokane, WA - Spokane Arena
Aug. 27 - Vancouver, BC, Canada - Pepsi Live at Rogers Arena
Sep. 03 - Montreal, QC - Canada - Bell Centre
Sep. 04 - Quebec City, QC - Canada - Videotron Centre
Sep. 08 - Lexington, KY - Rupp Arena
Sep. 10 - Sioux Falls, SD - Denny Sanford Premier Center
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How are the IT, OT and Data Centre industries innovating for the future?

Find out at Schneider Electric Innovation Day 2020: Resilient Digital Transformation.

Schneider Electric, the leader in digital transformation of energy management and automation, will host its latest Virtual Innovation Day event tomorrow, Wednesday, May 27th, 2020, bringing together the best in class from IT, data centre and built environment technology industries, globally. For the first time, the sessions will be presented virtually with a lineup of both local and international speakers. Titled ‘Innovation Day: Resilient Digital Transformation’, attendees will hear from leaders inside Schneider and externally as well.

Pivoting to digital ways of doing business has been the core of developments in the recent past, in India and across the globe. McKinsey’s recent data show that we have moved five years forward in consumer and business digital adoption in a matter of around eight weeks. We see these changes reflected across banking, healthcare, education and retail segments. This trend is being powered by efficient datacenters at the back end and the efficiency and optimised energy expectations from the datacenters is only going to escalate. How is this business then preparing itself to shift gear significantly, while staying optimised, smart, agile and sustainable?

Schneider Electric’s Innovation Day will look at addressing these queries and empowering the industry with future focussed technology. Industry trailblazers including Omar Hatamleh, Technical Integration Manager at Nasa, Daniel Joe-Jimenez, AVP at IDC and Schneider’s own Pankaj Sharma, EVP of Secure Power along with others will share their insights, with planned keynote speeches focusing on topics such as:

• opinions on the future of innovation and strategic transformation
• how to build a digitally resilient enterprise; and
• powering and digitising data centres

With breakout sessions tailored for IT data centre professionals, IT resellers and solution providers, as well as facility consultants and contractors, the event’s appeal is far-reaching.

Offering opportunities to learn from inspirational industry leaders and discover new and innovative approaches, the event aims to support those in the field by creating a community of collaborators. At Schneider, our mission is to help drive conversations about innovation and how we can work collectively to transform the industries which power us both locally and globally.

With a range of sessions available we welcome anyone with an interest in the field to join us and hope to see attendees engage in the following workshops.

About Schneider Electric

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management - Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

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Contact Person: Media Relations
Email:Send Email
Phone: 8745857610
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Resilient digital transformation the way forward at Schneider Electric

Schneider Electric held the Innovation Day: Resilient Digital Transformation today. Opening the conference, Pankaj Sharma, EVP, Secure Power Division, Schneider Electric, said the IT and OT convergence is happening all around us. Data centers are enabling the all-digital world through a centralised, regional edge, and local edge hybrid architecture.

Our goal in this era of digitalization is to make the data centers as sustainable and carbon friendly as possible. We need a broad portfolio of connected offers. We can integrate solutions, as well as integrated software and digital services. These three ingredients would help in the long run.

In the context of data centers, there are three factors — building, power, and IT. The future is in automating power. We are having the Schneider EcoStruxure data center that connects the end point to the cloud to maximize the value of data for greater efficiency. We are one of the few companies that take a lifecycle approach. Most of the companies are managed site by site. Data centers enable the integrated company management. Data centers and IT are fundamental to enable the energy and digital transformation.

Challenge of AI and exaptation

Dr. Omar Hatamleh, Technology Integration Manager, NASA, talked about the future of innovation and strategic transformation. According to him, the expected robotics market will be worth about $70 billion by 2025.

The key challenge is artificial intelligence. It is applicable for manual labour and intellectual jobs. We now have algorithms, computing and big data. We also combine technologies. Real world examples include AI, VR, IoT, 5G and robotics. We can create an avatar for the people. You can, perhaps, imagine the capabilities in collective learning.

The global population will be about 9.7 billion by 2050. There is disruption in biotech, AI, etc. We need to bridge the gap between the academia and the industry. The lines are blurring between the industries. Technologies can have vast implications across legal, finance, medicine, etc. Even 3D printers are finding use everywhere.

When strategizing about the future markets, it is important to keep these in mind. Small start-ups can disrupt big businesses and create new markets. There needs to be an incremental approach towards technology. Diversity drives the innovation and provides a competitive advantage. Eg., Amazon has diversified.

Exaptation is a biological term adopted in innovation. It is a process by which the features acquire functions for which they were not originally adapted or selected. We need to validate the key business assumptions early. We also need to take measured risks. Doing nothing, is a greater risk! We need to push the boundaries. Failure cannot be an option, as we all learn from failures.

Having a team and joint resources can help in solving the complex data challenges. We need to establish collaborations that consist of various industries, academia, etc. We can solve anything by working together.

Digital twin and augmenting reality

Delivering a strategy talk on re-imagining intuitive industries, Peter Herweck, EVP, Industrial Automation, Schneider Electric, noted that there are examples in metals and mining. The challenge is to go underground and supply the power. Another example is the copper mine in Panama. This is in a remote location with poor infrastructure, a strict timeline, and challenging environmental conditions.

How do we connect from the end point to the cloud? The operator can use the Schneider EcoStruxure. They can use augmented reality to run the machine. The points of interest are located strategically.

A digital twin begins with the EPC 4.0 strategy. Seventy assets are digitalized and maintained in E3D — one of the world’s largest national energy companies. You can design and build. You can also operate and maintain. There is an end-to-end digital thread. You get real time data to use and improve operations. You can also run predictive maintenance.

Digital enablers are much easier to achieve today. You can optimize the data during all the stages. For design and build, there can be analysis of processes and equipment through multiple simulations for optimal safety, reliability and profitability. The Schneider EcoStruxure Asset Advisor has over 100 variables that get measured and computed.

Schneider is working with Adnoc, one of the world’s leading energy producer, and a primary catalyst for Abu Dhabi’s growth and diversification. It is the world’s 12th largest oil producer. We are also working with India’s first greenfield smart city. Cybersecurity is very important. Cybersecurity sophistication continues to grow, with ICS and OT emerging as targets. Schneider is the founding members of the ISA Global Alliance, and Tech Accord partner.

Conservation of energy and automation provides full resiliency and efficiency. Connection is key to digital transparency and remote operations. Integration from design to build, operate and maintain is more than digitalization. It is about improving safety, optimizing processes and increasing the productivity. The future of supply chain depends on resiliency through an integrated digitization. We also need to extend the cybersecurity to the last mile with IT/OT integration.

Building a digitally resilient enterprise

Talking about building a digitally resilient enterprise at the Schneider Innovation Day, Daniel-Zoe Jimenez, AVP, IDC, gave the example of DBS Bank who has been changing the benchmark. It is also changing the balanced scorecard — top tier (40%), middle tier (20%) and lower tier (40%), are managed by DBS.

He said that disruption is all around us. We are building resiliency. The new CEO’s agenda has four disruptive pillars of DX 2.0! These are: addressing new customer requirements. Create empathy at scale. Capabilities — develop into an intelligent organization. Deliver innovative services and experiences at scale. There is a need to create a dynamic work model. CEOs need to drive the industrial ecosystems.

The race towards the future enterprise includes the futures of customers, intelligence, operations and work. There should be empathy, insight, operations and work model — all at scale.

The future of digital innovation will see software capabilities deliver innovation. The future of connectedness will be built around digital. Eg., Domino’s Pizza allowed customers to own the experience and being empathetic in their response. Rambam is working with start-ups to improve its Covid-19 response, for intelligence. For operations, Ford is partnering with 3M and GE to produce masks and ventilators.

So, how mature are organizations worldwide? 37% are opportunistic, and 36% are repeatable, worldwide. 15% are managed, but only 4% are optimized. The digital determination blueprint includes strategy, financials KPIs, business KPIs, and operational KPIs. Integrated strategies and technology roadmaps are uncommon. At least 63% enterprises are in the digitally distraught state. Only 37% are digitally determined. Enterprises need to develop new digital KPIs.

There are islands of innovation in the enterprise IT. Many are adopting the side-car approach. The enterprise IT platform needs to move to digital platform. There is need to design for an integrated technology platform for scale. The DX platform is an integrated technology architecture. It has an intelligent core (data services), developer services, integration and orchestration services, and engagement services. There is need to enable digital services and experience.

By 2022, 30% of APEJ companies will incorporate metrics on digital resiliency for autonomous facilities. By 2023, 50% of CIOs will be entrepreneurial leaders. They will evolve the organizations into centers of excellence that engineer enterprise-wide collaboration and innovation. There is a need to assess maturity and set digitalization goals and digital metrics. There is also a need to invest in digital technologies and skills.

Sustainable data centers

Kevin Brown, SVP and CMO, Secure Power Division, Schneider Electric, talked about building sustainable and resilient edge data centers. Not all data centers are created equal. Massive compute and storage are located in remote areas. The regional edge is where large compute and storage is located in central or urban areas. The local edge is the compute and storage.

Recently, hyperscale data centers are demonstrating their focus on renewable energy. We are also investing in technologies that improve sustainability, such as SF-6 free switchgear, advanced battery technology, liquid cooling, and interaction with grid. Now, it is time for the industry to focus on the local edge. Local edge data centers are IT infrastructure enclosures/spaces, etc.

Schneider sees three major edge computing areas — commercial, industrial and telecom. There is also an edge energy challenge coming our way. Energy consumption by the edge data centers will exceed 3K TWh per year in 20 years. Making the edge micro data centers energy efficient at scale is crucial from a resource standpoint. The local edge dominates the availability equation and must be more resilient.

However, there is a paradox: resiliency brings lower efficiency. We are managing, supporting and standardizing using software tools, services and repeatable solutions using the latest technology. We utilize AI for predictive failure.

You can remotely manage local data centers with the Schneider EcoStruxure IT expert. You can get instant visibility, do benchmarking and assessment, device configuration and firmware updates for remote device management, smart alarming and data-driven recommendations, etc. We have invested in new services powered by analytics.

Schneider Electric has an integrated, preconfigured and prefabricated EcoStruxure data centers that deliver predictable performance and mitigate risk. We have a range of data centers, from micro, to row and pod, to prefabricated modular data centers. Schneider also recognizes the need for an ecosystem to meet this challenge. We are working with the physical infrastructure providers, IT equipment providers, etc.

The edge data center energy consumption will create a new challenge for the industry. Availability and sustainability can present a paradox that is forcing us to rethink on how we design and deploy the edge. Manageability, serviceability, and new solutions are enabled by a collaborative ecosystem. Schneider’s focus is to address this challenge.

About Schneider Electric

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management - Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

Media Contact
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Phone: 8745857610
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Magnesium Alloys Market is Projected to Grow $6.6 Billion With CAGR of Above 9.9% By 2027 | Grand View Research, Inc.

Grand View Research, Inc. - Market Research And Consulting.

According to report published by Grand View Research, The global magnesium alloys market size was valued at USD 3.12 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 9.9% from 2020 to 2027.

The global magnesium alloys market size is expected to reach USD 6.62 billion by 2027 registering a CAGR of 9.9%, according to a new report by Grand View Research, Inc. Increasing magnesium content per vehicle is projected to drive the demand of magnesium alloys products over the next forecast period.

Auto manufacturers are now shifting to lightweight materials, such as magnesium, aluminum, and composite materials, to reduce the emissions from vehicles. Rising preference for fuel-efficient vehicles is projected to boost the usage of such lightweight materials, thereby augmenting the product demand.

In terms of mass, magnesium is the lightest metallic material used in the die casting process. Magnesium alloys have 30% lesser density than aluminum, which boosts their usage in vehicles and aerospace applications. Also, as compared to aluminum and steel, these components can save nearly 25 to 40% and 55% of weights respectively.

To Know More About Magnesium Alloys Market, Access Sample Report@ https://www.grandviewresearch.com/industry-analysis/magnesium-alloys-market/request/rs1

Aerospace & defense sector is projected to provide numerous growth opportunities for the market as the product is widely used in airplane structures. China is a key producer of magnesium and accounted for more than 80% of the production in 2018, as per data published by the United States of Geological Survey. However, recent outbreak of coronavirus disease (COVID-19) is projected to hinder market growth in the country.

Numerous companies and research institutes are investing in R&D for the development of advanced products. This is likely to have a positive impact on the market growth. For instance, in July 2019, Monash University found a technique that can be useful in producing lightweight and stronger alloys for automotive and aircraft applications.

Magnesium Alloys Market Report Highlights

• The automotive & transportation was the largest application segment in 2019 and is likely to expand further at the fastest CAGR during the forecast period
• The growth of the segment is attributed to incessant production of vehicles and increasing magnesium content per vehicle
• Asia Pacific held the highest volume share in 2019 and is projected to maintain its position during the forecast period
• Rapid expansion of the automotive sector and increasing demand for electric vehicle (EVs) are anticipated to remain key drivers for the regional market
• Key vendors in the global market are Magontec Ltd.; Magnesium Elektron Ltd.; Ka Shui International Holdings Ltd.

Browse Details of Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/magnesium-alloys-market

Magnesium Alloys Market Segmentation

Grand View Research has segmented the global magnesium alloys market on the basis of application and region:

Magnesium Alloys Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Automotive & Transportation
• Aerospace & Defense
• Electronics
• Others

Magnesium Alloys Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2016 - 2027)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa
  • Saudi Arabia

Key Topics Covered 

Table of Content

Chapter 1. Methodology and scope
                  1.1. Market segmentation & scope
                  1.2. Market definition
                  1.3. Information procurement
                      1.3.1. Purchased database
                      1.3.2. GVR’s internal database
                      1.3.3. Secondary sources & third-party perspectives
                      1.3.4. Primary research
                  1.4. Information Analysis
                      1.4.1. Data analysis models
                  1.5. Market formulation & data visualization
                  1.6. Data validation & publishing
Chapter 2. Executive summary
                  2.1. Market snapshot
                  2.2. Segmental outlook
Chapter 3. Magnesium alloys market variables, trends & scope
                  3.1. Market outlook - Global magnesium industry outlook
                  3.2. Penetration & growth prospect mapping
                  3.3. Industry value chain analysis
                      3.3.1. Raw material trends
                      3.3.2. Manufacturing & technology trends
                      3.3.3. Sales channel analysis
                  3.4. Regularity framework
                  3.5. Market Dynamics
                      3.5.1. Market driver analysis
                          3.5.1.1. Growing demand in automotive sector
                      3.5.2. Market restraint analysis

…. continue

Browse Related Reports:
High Strength Aluminum Alloys Market By Application (Aerospace, Automotive, Railway & Marine, Defense & Space), By Region, And Segment Forecasts, 2020 - 2027:

https://www.grandviewresearch.com/industry-analysis/high-strength-aluminum-alloys-market

Shape Memory Alloys Market By Product, By End Use (Biomedical, Aerospace & Defense, Automotive, Consumer Electronics & Household), By Region, And Segment Forecasts, 2019 - 2025:

https://www.grandviewresearch.com/industry-analysis/shape-memory-alloys-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist - U.S.A.
Email:Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/magnesium-alloys-market

Over-the-Top Devices & Services Market Size is Estimated to Attain USD 165.13 Billion By 2025 | Grand View Research Inc.

Grand View Research, Inc. - Market Research And Consulting.

According to report published by Grand View Research, The rising penetration of mobile devices, such as tablets and smartphones, and advancements in consumer electronics devices such as smart TVs, are estimated to drive the demand for OTT content and services amongst the masses over the forecast period.

According to a report, “Over-the-Top Devices And Services Market Size, Share & Trends Analysis Report By Content (VoIP, Text & Images, Video), By Revenue Source (AVOD, SVOD, TVOD), By Device (Mobile Devices & Computers, Gaming Console & STB), By Deployment, And Segment Forecasts, 2018 - 2025”, published by Grand View Research, Inc.,The global over-the-top devices & services market size is expected to reach USD 165.13 billion by 2025, according to a new report by Grand View Research, Inc. The rising penetration of mobile devices, such as tablets and smartphones, and advancements in consumer electronics devices such as smart TVs, are estimated to drive the demand for OTT content and services amongst the masses over the forecast period.

There has been a rapid surge in the demand for OTT videos, particularly in developing economies. TV digitization initiatives by various regional governments and broadcasters across the world have enabled OTT content to emerge as the popular platform for video consumption.

Businesses across various sectors are increasingly seeking contemporary technological models to provide personalized experiences to their customers, such as TV access on smartphones, connected devices, and tablets. Content providers and broadcast service providers are leveraging the benefits of OTT technology to enhance customer engagement by gaining in-depth insights about their customer base.

"Would you Like/Try a Sample Report" https://www.grandviewresearch.com/industry-analysis/over-the-top-ott-devices-services-market/request/rs1

Moreover, the rising demand for Video On Demand (VOD), Voice over Internet Protocol (VoIP), Subscription Video on Demand (SVOD), instant messaging services, and internet TV are expected to propel the industry growth over the forecast period. OTT service providers are increasingly focusing their efforts toward the development of various innovative features, such as Google Translate, which translates voice mail services into text, to provide convenience and enhance customer value.

Germany Over-The-Top devices and services market, by content, 2014 - 2025 (USD Billion)

Further key findings from the report suggest:

• Content providers such as DISH Network, Comcast, AT&T, and DIRECTV, are paving their way into the SVOD domain to expand their presence and capture a larger market share by providing various offerings within the domain

• OTT service providers across the globe are focusing their efforts on the development of the three key streaming technologies that include High-Dynamic Range (HDR),1080p content, 4K streaming, and Virtual Reality (VR) video

• Players such as WhatsApp, Tencent QQ, Apple FaceTime, Skype, and Google Hangouts, are upgrading their processes with new innovative technologies and offerings to provide advanced communication and messaging services

• The proliferation of hybrid models combining Subscription VOD (SVOD) with Advertising VOD (AVOD) coupled with the increasing penetration of fiber broadband and 4G internet services are expected to propel the demand for OTT content across developing nations such as China

• Growing proliferation of Smart TVs is expected to provide increasing opportunities for advertisers to become content providers and offer a wide plethora of services to consumers through various platforms such as Hulu, Netflix, and YouTube

Deployment Insight

The two key deployment types analyzed in the report include on-premise and cloud. The increasing demand for high-quality content and the emergence of VR, 4K content, and HDR are transforming the broadband industry. Moreover, the television broadcast industry is witnessing a shift from the Capital Expenditures (CAPEX) to the Operating Expenses (OPEX) model by reforming operations.

Global Over-The-Top devices and services market, by revenue source, 2016 (%)

Global Over-The-Top companies have now started focusing on revenue generation and enhancing cloud services. These companies provide various resources, such as infrastructure and platform, and bill customers for the same based on an hourly or monthly period. This revenue generation model, in some cases, leads to seasonal fluctuations in infrastructure requirements and unpredictable balancing.

Have Any Query? Ask Our Experts for More Details on Report: https://www.grandviewresearch.com/request-for-customization/4556/rfc1

Broadcasters are now increasingly seeking to adopt new and innovative technologies to address the rising demand for OTT platforms. The internet is expected to become a major source for streaming videos, primarily owing to the growth in broadband penetration. The benefits associated with the use of cloud-based content are leveraging the growth of real-time communication such as reduced costs and improved performance.

Grand View Research has segmented the global Over-the-Top devices & services market on the basis of content, revenue source, device, deployment, and region:

Over-the-Top Devices & Services Content Outlook (USD Billion; 2014 - 2025)

• VoIP

• Text & Images

• Video

Over-the-Top Devices & Services Revenue Source Outlook (USD Billion; 2014 - 2025)

• AVOD

• SVOD

• TVOD

• Others

Over-the-Top Devices & Services Device Outlook (USD Billion; 2014 - 2025)

• Mobile devices & Computers

• Smart TVs & Set-top Box

• Gaming Console

Over-the-Top Devices & Services Deployment Outlook (USD Billion; 2014 - 2025)

• On-premise

• Cloud

Over-the-Top Devices & Services Regional Outlook (USD Billion; 2014 - 2025)

• North America

  • U.S.

  • Canada

• Europe

  • UK         

  • Germany

  • France

  • Italy

  • Netherlands

• Asia Pacific

  • China

  • Japan

  • Southeast Asia

  • South Korea

  • India

• Latin America

  • Mexico

  • Brazil

• Middle East & Africa 

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