Human Machine Interface (HMI) Market: Industry Size, Market Share, Strategies and Forecast 2017-2024

According to a new market report published by Credence Research Inc “Human Machine Interface (HMI) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022,” the human machine interface market is predicted to reach US$ 7.10 Bn by 2022, with the Rising industrial automation across the world. High market competition forcing industrial manufacturers to invest in advanced solutions which improves productivity and reduces operating costs. This is increasing the demand for advanced human machine interface solutions which offers realistic view of their plants. Improving economic conditions and financial position of manufacturing industries is expected to influence the demand for advanced human machine interface (HMI) solutions across the world. In order to match rising mobility needs in manufacturing industries HMI solution providers are focusing on developing applications which supports remote monitoring and controlling. All the above factors are expected to spur the demand for HMI solutions through the forecast period 2015 – 2022.

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Interface software and solutions accounted for the largest revenue share in 2014 and is expected to remain the largest segment by product type throughout the forecast period. Rising demand for PC based open source human machine interface (HMI) solutions is expected to influence the demand for interface software and solutions across the world. Display and touchscreen technology also expected to see a significant growth through the forecast period with rising demand for mobile devices such as tablets, laptops, smartphones and others.

Automotive industry represents the largest end use segment for human machine interface solutions and accounted for the 15.8% of revenue share in 2014. Automotive manufacturers are investing significant amount in advanced solutions to improve their productivity which represents a positive outlook for human machine interface (HMI) solutions providers. The oil and gas industry represents the fastest growing end-use segment for human machine interface (HMI) solutions. Human machine interface (HMI) solutions improves safety and security at oil and gas plants which is the major influencing the factor for these solutions.

North America represents the largest regional market in the global human machine interface market. Rising number of industrial automation projects is the primary factor for the dominance of North America in global HMI market. Asia Pacific is expected to be the fastest growing regional market in the global HMI market. Increasing industrialization in India, China, Taiwan, Singapore, Australia and other countries is increasing the adoption of human machine interface (HMI) technologies in the region. The human machine interface market in North America and Europe are comparatively matured markets and expected to grow at a slower pace compared to Asia Pacific. The global HMI market is expected to see a significant growth through the forecast period with rising awareness about the benefits of advanced HMI solutions such as reduced operating cost, high efficiency and reduced maintenance cost.

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Global Beta Carotene Market By Revenue Is Projected To Reach US$ 572.78 Million By 2022

In terms of revenue in 2014 the global market for beta carotene Market was calculated to be USD 436.67 million and is projected to reach USD 572.78 million by 2022, growing at a CAGR of 3.5% from 2015 to 2022. In 2014, in terms of volume the market demand market was 343.72 tons and is projected to reach 423.65 tons by 2022 at a CAGR of 2.7% for the same forecast period.

Browse full report (Global Beta Carotene Market – Growth, Share, Opportunities & Competitive Analysis, 2015 -2022)@ http://www.credenceresearch.com/report/beta-carotene-market

The global market for beta carotene is witnessing growth on the back of rising health concerns and increased importance of intake of beta carotene.  Moreover, shift in trends towards natural ingredients is another factor driving towards the market growth. But, due to excessive intake of beta carotene can cause various effects on the human body therefore it is recommend to consumed in prescribed quantities only. However, rising demand from emerging economies and increasing demand of algae based carotene in functional and heath food provide huge market opportunities.

By product type, in 2014, synthetic beta carotene accounted for more than 70% of the market share in terms of volume as well as revenue. But growth is projected to highest from the natural segment which is projected to grow at a rate of 4.6% in terms of revenue during the forecast period from 2015 to 2022.

By applications type, food and beverages segment accounted for 40% share of the pie in terms of volume and revenue in 2014 and is projected to maintain their dominance during the forecast period. Growth is projected to be highest from the supplements segment which is projected to grow at a CAGR of 3.1% in terms of volume from 2015 to 2022 owing to rising health concerns, increasing awareness about the benefits of beta carotene and busy life style. Cosmetics segment is another major application which will witness potential growth during the forecast period.

In 2014, by region, Europe and North America together accounted for more than 70% share of the pie in terms of volume and revenue. Europe is projected to grow at a rate of 3.1% in terms of volume from 2015 to 2022. The U.S. is the largest market globally for beta carotene and is projected to grow at a rate of 3.5% in terms of revenue. Asia Pacific region is projected to witness fastest growth rate in both, volume and revenue. The Asia Pacific market in terms of revenue is projected to grow at a CAGR of 3.7% from 2015 to 2022. In, Asia Pacific, Japan accounted for the largest share but growth is projected to highest from India and China.  RoW is also projected to witness moderate growth rate.  Economies such as Brazil, Turkey, Saudi Arabia offers huge untapped market opportunities.

The market for beta carotene is highly competitive, two major players BASF and DSM accounts for 55% share of the market. These European players are facing stiff competition from the Indian and Chinese players. More than 20% share of the pie is accounted by Chinese and Indian Players. There are many other larger, medium, and small manufacturers and private label players present in the market but only accounts for major market share. Some of the other players in this market are Allied Biotech Corp. Ltd, Naturex SA, Chr. Hansen, and Zhejiang NHU Co.,Ltd  among others.

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You Are Not The Only Person Concerned About Artificial intelligence

One such area is the financing market, which has actually been spending a significant quantity of financing and also source in innovation for some time, as it aims to ward off the difficulty from FinTech services throughout the globe. In financial especially, most of usages for AI remain in mid-level, instead of consumer dealing with or functional functions which is why individuals could be forgiven for not seeing the effect it has actually had, nonetheless it’s risk-free to claim that this will certainly transform in time as AI comes to be a lot more “consumer dealing with”, and also inevitably a lot more customer related.

Everybody has actually become aware of Expert system (AI), whether in regards to robotics taking control of the globe in your much-loved science fiction, driverless vehicles moving you from A to B or perhaps something as ‘easy’ as making use of Apple’s Siri feature. Whilst many people assume mass fostering of AI is a method off from currently, it’s currently had a significant effect in various means, the majority of which the typical individual ignores.

Altering function of center administration

Among the largest locations of development for AI in the financial market is making use of “crawlers” which make use of all-natural language refining to incorporate with heritage or exterior systems, looking at as well as offering information based upon the individual’s duty and also context, or even speaking to several human beings to make sure activities are finished. Some individuals could currently be well familiar with making use of conversation crawlers, as well as we’ll see them take much more occurrence to change the requirement for managers and also center monitoring duties.

As conversation robots development, they’ll begin to be revealed straight in a ‘in person’ duty with consumers. In telephone call facilities for instance, individuals are being straight changed by the execution of conversation crawlers. A current Forrester record recommends UK financial institutions will certainly begin executing these crawlers over the following 2 years and also is a clear sign of exactly how AI will certainly begin take on tasks.

We will certainly start to see AI changing the procedure of having reduced degree job finished by high paid workers making use of comparable strategies like conversation crawlers. By 2020, firms intend to change mid-management degree functions in some financial IT duties making use of AI. By utilizing AI for human-to-human mid-level monitoring duties, elderly monitoring is after that able to concentrate on the extra complicated calculated issues.

Automated trading

Various other instances of AI exist in the systems financial institutions utilize to supply a goal and also impartial sight, as an example tracking all-natural language interactions in between team to make certain conformity, or spotting fraudulence from deal information.

Among the motorists for all the interest around AI in the financial market presently is its capability to enhance openness, availability as well as standardisation of information. For example when evaluating information regarding openly traded possessions, “training information” is commonly offered and also in a common layout. This makes it feasible to develop and also educate a formula which could make forecasts as a human, implement purchases, observe outcomes and also discover in time.

An additional modification we’ll see in financial institutions is making use of Self-governing representatives. These are formulas which act upon part of a human as well as are one of the most well publicised use AI in the financial sector today. Through mathematical trading, financial institutions are making use of AI to track market patterns as well as to promptly and also accurately respond to them. This might indicate significant expense financial savings (and also gains) for financial institutions obtaining it right. A current record by Thomson Reuters approximates that mathematical trading systems currently take care of 75 percent of the quantity of international professions globally as well as this number is forecasted, by those in the market, to expand continuously.

For self-governing representatives to be effective in the financial globe, they have to have the capability to view the globe as it concerns their location of obligation, to be able to forecast the end result of activities with some success, as well as to be able to do something about it separately. Their capacity to find out likewise trusts their capability to observe the real end results from activities they have actually embarked on.

Just what regarding customers?

The application of the CMA Open Financial choice in 2014 could alter all this, permitting technology companies to access your old information as well as make purchases in your place. This will entirely alter the monetary sector as well as rise competitors throughout the globe in an unmatched method. By utilizing AI, independent representatives will certainly have the ability to research your habits as well as deal guidance and also personal experience.

Currently nonetheless, all the present emphasis is quite on the venture as well as the advantages AI could offer financial institutions. From a customer point of view nevertheless, modification is most definitely still coming. Presently it would certainly be tough to carry out a self-governing representative that can handle your individual everyday funds with a huge series of monetary bodies. This is due to the fact that the independent representative needs to comprehend the best ways to speak to each financial institution individually (and also the financial institution needs to invest loan making the information readily available).

 

Meet the scientists building digital ‘brains’ for your phone

The future of AI is neuromorphic. Meet the scientists building digital ‘brains’ for your phone

Neuromorphic chips are being designed to specifically mimic the human brain – and they could soon replace CPUs


BRAIN ACTIVITY MAP
Neuroscape Lab

AI services like Apple’s Siri and others operate by sending your queries to faraway data centers, which send back responses. The reason they rely on cloud-based computing is that today’s electronics don’t come with enough computing power to run the processing-heavy algorithms needed for machine learning. The typical CPUs most smartphones use could never handle a system like Siri on the device. But Dr. Chris Eliasmith, a theoretical neuroscientist and co-CEO of Canadian AI startup Applied Brain Research, is confident that a new type of chip is about to change that.

“Many have suggested Moore’s law is ending and that means we won’t get ‘more compute’ cheaper using the same methods,” Eliasmith says. He’s betting on the proliferation of ‘neuromorphics’ — a type of computer chip that is not yet widely known but already being developed by several major chip makers.

Traditional CPUs process instructions based on “clocked time” – information is transmitted at regular intervals, as if managed by a metronome. By packing in digital equivalents of neurons, neuromorphics communicate in parallel (and without the rigidity of clocked time) using “spikes” – bursts of electric current that can be sent whenever needed. Just like our own brains, the chip’s neurons communicate by processing incoming flows of electricity – each neuron able to determine from the incoming spike whether to send current out to the next neuron.

What makes this a big deal is that these chips require far less power to process AI algorithms. For example, one neuromorphic chip made by IBM contains five times as many transistors as a standard Intel processor, yet consumes only 70 milliwatts of power. An Intel processor would use anywhere from 35 to 140 watts, or up to 2000 times more power.

Eliasmith points out that neuromorphics aren’t new and that their designs have been around since the 80s. Back then, however, the designs required specific algorithms be baked directly into the chip. That meant you’d need one chip for detecting motion, and a different one for detecting sound. None of the chips acted as a general processor in the way that our own cortex does.

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This was partly because there hasn’t been any way for programmers to design algorithms that can do much with a general purpose chip. So even as these brain-like chips were being developed, building algorithms for them has remained a challenge.

Eliasmith and his team are keenly focused on building tools that would allow a community of programmers to deploy AI algorithms on these new cortical chips.

Central to these efforts is Nengo, a compiler that developers can use to build their own algorithms for AI applications that will operate on general purpose neuromorphic hardware. Compilers are a software tool that programmers use to write code, and that translate that code into the complex instructions that get hardware to actually do something. What makes Nengo useful is its use of the familiar Python programming language – known for it’s intuitive syntax – and its ability to put the algorithms on many different hardware platforms, including neuromorphic chips. Pretty soon, anyone with an understanding of Python could be building sophisticated neural nets made for neuromorphic hardware.

“Things like vision systems, speech systems, motion control, and adaptive robotic controllers have already been built with Nengo,” Peter Suma, a trained computer scientist and the other CEO of Applied Brain Research, tells me.

Perhaps the most impressive system built using the compiler is Spaun, a project that in 2012 earned international praise for being the most complex brain model ever simulated on a computer. Spaun demonstrated that computers could be made to interact fluidly with the environment, and perform human-like cognitive tasks like recognizing images and controlling a robot arm that writes down what it’s sees. The machine wasn’t perfect, but it was a stunning demonstration that computers could one day blur the line between human and machine cognition. Recently, by using neuromorphics, most of Spaun has been run 9000x faster, using less energy than it would on conventional CPUs – and by the end of 2017, all of Spaun will be running on Neuromorphic hardware.

Eliasmith won NSERC’s John C. Polyani award for that project — Canada’s highest recognition for a breakthrough scientific achievement – and once Suma came across the research, the pair joined forces to commercialize these tools.

“While Spaun shows us a way towards one day building fluidly intelligent reasoning systems, in the nearer term neuromorphics will enable many types of context aware AIs,” says Suma. Suma points out that while today’s AIs like Siri remain offline until explicitly called into action, we’ll soon have artificial agents that are ‘always on’ and ever-present in our lives.

“Imagine a SIRI that listens and sees all of your conversations and interactions. You’ll be able to ask it for things like – “Who did I have that conversation about doing the launch for our new product in Tokyo?” or “What was that idea for my wife’s birthday gift that Melissa suggested?,” he says.

When I raised concerns that some company might then have an uninterrupted window into even the most intimate parts of my life, I’m reminded that because the AI would be processed locally on the device, there’s no need for that information to touch a server owned by a big company. And for Eliasmith, this ‘always on’ component is a necessary step towards true machine cognition. “The most fundamental difference between most available AI systems of today and the biological intelligent systems we are used to, is the fact that the latter always operate in real-time. Bodies and brains are built to work with the physics of the world,” he says.

Already, major efforts across the IT industry are heating up to get their AI services into the hands of users. Companies like Apple, Facebook, Amazon, and even Samsung, are developing conversational assistants they hope will one day become digital helpers.

With the rise of neuromorphics, and tools like Nengo, we could soon have AI’s capable of exhibiting a stunning level of natural intelligence – right on our phones.

Cable Cleats Market Regulations, Size, Share and Competitive Landscape Outlook to 2025

According to a new market research report published by Credence Research “Cable Cleats Market (By Material: Metallic and Non-metallic; By Number of Cores: Single Core and Multicore) – Growth, Future Prospects, and Competitive Landscape, 2017-2025”, cable cleats market was valued at US$ 559.6 Mn in 2016 and is estimated to grow at a CAGR of 5.9% from 2017 to 2025.

Market Insights

Cable cleat is a cable management product used to support and hold cables installed on trays/ladders or without conduit systems. These are useful in ensuring long life of cables as they reduce damage caused to the cables due to their own weight. Cable cleats have been useful in applications having heavy cables, power lines and transportation infrastructure.

The complete report is available at http://www.credenceresearch.com/report/cable-cleats-market

The market for cable cleats worldwide has received the necessary impetus from revival of the construction industry post economic recession. Additionally, the market has been witnessing impressive growth since the introduction of cable cleats of standard EN 50368 in 2003. Another major factor driving market growth is the advantages offered by cable cleats for effective cable management. Holding and maintaining the cable position even in the most critical conditions such as short circuits are easily handled by cable cleats. With the consistently growing efforts in innovating cleat designs, the market growth is estimated to remain strong throughout the forecast period.

The cable cleat providers across the world focus majorly on providing cable management solutions specific to different applications. This has significantly impacted the cable cleats industry in a positive manner. Manufacturers are now inclined towards designing cable cleats that can be used for specific applications such as high power cables, railway power cables, commercial buildings and several others. Cable cleat manufacturer emphasizes on expanding their product portfolio that can cater to varying requirements. These may include physical strength, various levels of short circuits, area of installation and several others. The trend is primarily governed by the consistently increasing competition in the overall cable management systems market worldwide.

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Competitive Insights:

The market for cable cleats is fairly unorganized and is characterized by a large number of local as well as international cable cleat manufacturers. Big players face tough competition from local players in terms of price and availability. Companies have been engaged in coming up with new and improved product designs and aim towards expanding their sales and distribution network. The use of more stable materials is one of the prime focus of cable cleats manufacturers. Major players in the market include Ellis Patents Ltd., Remora Electrical Limited, BICON, Eland Cables Limited, CMP Products Limited, Oglaend System Group, Nantong Naco Fluid Equipment Co. Ltd., IPD Group Limited, TransDelta International Industries L.L.C and Novoflex Marketing Pvt. Ltd.

Key Trends:

– Providing application specific solutions for cable management

– Distribution network expansion and acquisitions

– Consistently growing demand for cable cleats from the energy sector

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Point of Sale Terminals Market (POS Market) forecast by 2022 published by leading research firm

Emerging technologies increases the demand for the POS (Point of sale) Terminal Market; convenience and flexibility of POS terminals minimized customers waiting time, improved billing process, maintained customer records safely as per security concerns, data back up and pertaining personal information of customer confidential, may inhibit the global POS terminal market.

Digital payment anticipated the POS terminal market growth valued at approximately US$45.97 Bn in 2016 and expected to reach approximately US$98.27 Bn by 2022. Increasing demand for wireless technologies expected to witness growth at 20% of CAGR in between 2017 and 2022.

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POS terminals transmit encrypted tokens during the payment process; its advanced feature includes inventory management, CRM financials and the proliferation of NFC and EMV-enabled devices may drive the industrial market in the next years.

The geographical distribution of the global POS terminals market considered the regional markets of North America, Europe, Asia Pacific, Latin America and rest of the world.

In regional segmentation North America accounted the largest market share of POS terminal followed with Europe and Asia-Pacific respectively. The North America dominated the POS terminal market with the rising adoption of wireless technology across the hospitality applications, restaurants, automotive shops and grocery stores. However the region of Asia-Pacific surprisingly anticipated the POS terminal market with the growing CAGR of 13% in upcoming future. Rapid advancements in the card acceptance and use of debit cards are expected to serve high growth over the forecast period in Asia-Pacific region; especially in India and China; where supermarkets are owing to grow in the upcoming years. It will drive the global revenue of the POS terminals market.

Increasing governmental support in order to improve the digital transaction with advanced technologies boosted the global market of the POS terminals especially in developed economies like Asia-Pacific region. The growing usage of POS terminals with NFC devices in the industrial and retail sector will expected to drive CAGR of 10% over the forecast period. A sustainable governmental effort to promote the computerized payment instead of traditional transaction with cash register will encourage the POS terminal market in this region.

The competitive market for the POS terminals includes New POS technology, NCR Corporation, NFC Corporation, PAX technology, Veri fone Systems, Ingenico SA, Panasonic Corporation, Toshiba Corporation, Cisco Systems and others.

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Application segment of the POS terminals include healthcare, retail, hospitality, entertainment, warehouses, automotive shops, grocery stores and e-commerce sites. The growing usage of POS terminals in these segments witnessed a significant turnaround over the forecast period.

On the basis of component segment POS terminal market segmented into hardware and software, it simplifies the accounting process and promotes the digital payment platform. Card acceptance increases the merchants to enroll the digital transaction will exhibit remarkable opportunities and growth in the POS terminal market.

An advanced and appropriate POS terminal can simplifies the transaction process and save time and money with efficient customer services, it is highly adopted by retailers and e-Commerce companies as per security concerns and confidential financial information of the customers.

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Automotive Lightweight Materials Market is expected to reach US$ 180.9 Bn by 2025, expanding at a CAGR of 13.1% from 2017 to 2025.

According to a new market research report published by Credence Research, Inc. “Automotive Lightweight Materials Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” automotive lightweight material market was valued at US$ 59.7 Bn in 2016, and is expected to reach US$ 180.9 Bn by 2025, expanding at a CAGR of 13.1% from 2017 to 2025.

Market Insights

Lightweight materials help to decrease the weight of the vehicle and reduce energy consumption. Technological advancement, worldwide increase in vehicle production and rise in disposable income are the major factors driving the growth of automotive lightweight material market. Government regulation on environmental and standard enforced to cut down CO2 emission and technological evolution are driving the global automotive lightweight materials market. High cost associated with lightweight materials may restrain the growth of automotive lightweight materials market.

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Browse the full Automotive Lightweight Materials Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/automotive-lightweight-materials-market

Chassis and suspension comprise more than 30% of the overall weight of the vehicle, which creates the huge market for the lightweight materials. The lightweight materials which is used in chassis and suspension are AHSS and aluminum. The plastic materials segment is likely to grow at the fastest rate in the forecast period due to increased usage of plastic in automobile interiors, such as seats, dashboard, instrument panel, and interior roofs. Electric vehicles uses large amount of lightweight materials, as these are mainly driven by battery, wherein lightweight materials help to improve their performance.

North America and Europe were the largest regional markets for automotive lightweight materials. Advanced fuel economy, growing demand for low CO2 emission and stringent government regulations are supporting the lightweight materials market in the region. Government raised the norms such as CAFÉ fuel standards and EPA Tier-3 norms for light duty vehicles, to ensure that a vehicles produced from now on would be much lighter in weight. North America has the largest market for light trucks. In North America highest demand for automotive lightweight material is majorly driven by U.S. Asia Pacific will be the fastest growing region in the forecast period due to an increase in the production of automobiles followed by rise in the demand for fuel efficient vehicles. In Asia Pacific demand is manly comes from countries like India, China, and Japan.

Some of the major companies operating in the market include Alcoa, Inc., BASF SE, Thyssenkrupp AG, Covestro AG, Arcelormittal S.A., Lyondellbasell Industries N.V., Novelis, Inc., Toray Industries, Inc., PPG Industries, Inc., and Owens Corning.

Browse the full Automotive Lightweight Materials Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/automotive-lightweight-materials-market

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