Monthly Archives: July 2021

Usage-Based Insurance Market Forecasts 2027; Europe to witness lucrative business opportunities

Usage-Based Insurance Market demand is projected to experience a healthy growth during 2021 to 2027 impelled by increasing adoption of in-vehicle connected insurance solutions for the reduction of unanticipated claims.

Selbyville, Selbyville – July 20, 2021 /MarketersMedia/ —

Usage-based insurance (UBI) market is poised to observe exponential growth from 2021 to 2027 driven by increasing adoption of in-vehicle connected insurance solutions for the reduction of unanticipated claims. Technological advancements in the developing and developed countries, transition of consumers towards more efficient smart vehicles, and the burgeoning automobile sector are factors likely to drive the demand for UBI plans. Robust production of commercial and passenger cars is encouraging the adoption of UBI policies. Global Market Insights, Inc., estimates that the usage-based insurance market demand could be worth over USD 125 billion by 2027.

Extensive use of in-car technologies will encourage more customers to opt usage-based insurance policies as they can share their driving information to attain personalized insurance quotes. Passenger vehicles are likely to be in high demand in the upcoming years credited to the wide use of Blackbox and OBD devices for monitoring information like vehicle health, and navigation.

Rising need to promote passenger safety is allowing SMEs to use UBI solutions. The logistics and transportation sectors are widely adopting usage-based insurance, telematics and other communication technologies for monitoring user’s driving patterns.

Several usage-based insurance market players are developing new solutions and products to cater to growing demand. For example, in 2020, Tata AIG announced the launch of its new and affordable usage-based insurance cover for private car owners, providing customized solutions towards one’s driving profile.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:
https://www.gminsights.com/request-sample/detail/3020

Some of the most prominent usage-based insurance market trends are:

• Surging adoption of Pay-As-You-Drive package –
The Pay-As-You-Drive category is likely to record a CAGR of more than 20% through 2027 on account of its important role in monitoring and checking the mileage driven and then setting the pricing policies based on that mileage. The PAYD package promotes safe driving as customers might be charged more if they do not drive well. Moreover, under this program, companies provide several new schemes ranging from short-term, on-demand policies to low mileage discounts, giving enterprises more opportunities to offer more personalized insurance services for sustenance through stiff competition.

• Advancements in smartphone technology –
Based on technology, the smartphone segment is anticipated to grow substantially over the forecast timeframe owing to the extensive usage of smartphone-based telematics applications to provide vehicle parameters like fuel consumption and driving behavior. The presence of smartphone technology has further made usage-based insurance more accessible to customers and affordable for insurance providers.

• Lucrative business opportunities across Europe –
The Europe usage-based insurance market is expected to rise with a CAGR of above 20% on account of the enforcement of strict fuel regulations and compulsory OBD requirements by the European Commission. Additionally, the presence of renowned automobile manufacturers as well as their increasing brand value and sales could boost regional industry growth. In 2020, Bajaj Allianz introduced a new pay as you use motor insurance policy in India, allowing car owners to insure their vehicles for shorter time periods instead of the usual full year period.

About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights Inc.
Address: 4 North Main Street, Selbyville, Delaware 19975 USA
Phone: 1-302-846-7766
Website: https://www.gminsights.com/pressrelease/usage-based-insurance-ubi-market

Source URL: https://marketersmedia.com/usage-based-insurance-market-forecasts-2027-europe-to-witness-lucrative-business-opportunities/89037461

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Release ID: 89037461

Recreational Vehicles (RV) Market 2021-2027; Asia Pacific to drive industry growth

Recreational vehicles market demand is poised to grow with a lucrative CAGR from 2021 to 2027 led by surge in the number of tourist visits and the growing tourism sector across the world.

Selbyville, United States – July 20, 2021 /MarketersMedia/ —

Recreational vehicles market is projected to see consistent growth through 2027 owing to surge in the number of tourist visits and the growing tourism sector across the world. Due to rising inclination towards tourism due to remote working lifestyle trend, recreational vehicles such as motorhomes, travel trailers and tent vehicles are gaining popularity across the world. On this note, as per the study conducted by Global Market Insights, the global recreational vehicle market demand is expected to surpass USD 125 billion by 2027.

However, due to the global spread of the COVID-19, the recreational vehicle industry has faced several challenges. Many governments imposed heavy restrictions on international and domestic trade, which negatively impacted the sales of recreational vehicles. But, with the relaxation in lockdown restrictions and the economic recovery, the recreational vehicle market will continue to grow steadily.

Increasing demand for gasoline motorhomes –
With multiple benefits of gasoline engines such as more efficiency in terms of power generation and low-cost maintenance for engine parts, the gasoline motorhome segment is expected to see notable growth in the next few years. Due to the aforementioned benefits, recreational vehicle manufacturers are concentrating on designing smaller engines and combustion chambers to minimize the engine’s space, to offer fuel efficiency with improved power. Furthermore, qualities of gasoline engines such as low fuel cost, affordable services and extra RPMs with more power-to-weight ratio, can help to drive the segment’s growth.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:
https://www.gminsights.com/request-sample/detail/2967

Asia Pacific region to emerge as a prominent recreational vehicles market –
Increasing middle class population in Asia Pacific countries like South Korea, India, Japan and China is anticipated to grow the demand for leisure goods and tourism activities such as RV camping and camp groundings. Owing to this factor, the APAC recreational vehicle market is predicted to witness sizable growth by 2027. To support this statement with instance, according to India Brand Equity Foundation, India’s tourism sector is anticipated to hit a mark of USD 488 billion by 2029. Additionally, international tourist visits are expected to reach 30.5 million by 2028 in India.

On the other hand, the rising adoption of recreational vehicles due to leisure activities and concern for safe traveling is growing the RV market share in North America and Europe. In fact, according to a survey conducted by the RV association, 148,507 RVs were shipped during the first quarter of 2021.

Focus on strategic expansion –
Through mergers & acquisitions, new product launches, strategic partnerships and business expansion, prominent industry players are looking forward to increasing their market presence. For example, Forest River announced in August 2020 that it will spend USD 3.5 million to expand its business operations in LaGrange and DeKalb counties. The expansion will help the company to increase its XLR Toy Hauler production.

Some of the key players active in the recreational vehicle market are Winnebago Industries, Thor Industries, and REV Recreation Group, GMC motorhome, Cruiser RV, Skyline Corporation, Grand Design RV, Keystone RV, Dutchmen RV.
In a nutshell, implementation of advanced technologies including IoT, automated control systems and electronic sensors in recreational vehicles will play a pivotal role to drive the overall market growth.

Source URL: https://marketersmedia.com/recreational-vehicles-rv-market-2021-2027-asia-pacific-to-drive-industry-growth/89037464

Source: MarketersMedia

Release ID: 89037464

VPN Market is set to register 15% CAGR till 2027; Escalating demand in the BFSI sector

Virtual private network market is anticipated to witness healthy growth during 2021 to 2027 owing to surging adoption by multiple organizations and the surging expenditure in networking infrastructure amongst SMEs.

Selbyville, Selbyville – July 20, 2021 /MarketersMedia/ —

The virtual private network (VPN) market demand is slated to register appreciable gains over 2021 to 2027 impelled by surging adoption by multiple organizations and the surging expenditure in networking infrastructure amongst SMEs. As per the latest study by Global Market Insights, Inc., the global VPN market revenue is estimated to surpass USD 120 billion by 2027.

To add on, business enterprises are also witnessing an escalating trend of digitization in addition to a shift towards cloud-based services. To that end, major companies are focusing on the development of innovative VPN solutions, comprising Point to Point (PPTP) and OpenVPN, for serving their customers in an efficient manner.

Considering an instance, in July 2020, Mozilla rolled out its virtual private network (VPN) in the United States, Canada, the United Kingdom., and three other nations, as a part of its strategy for the expansion of revenue opportunities for the Firefox browser. The service is set to be provided on Linux and macOS devices in the near future.

Some major trends impelling virtual private network (VPN) industry outlook are as follows:
Rising adoption of VPN solutions in Europe –
The Europe VPN market share is anticipated to record remarkable revenue throughout the forecast period owing to the surging adoption of VPN services and solutions by numerous government and non-government organizations for securing business insights.

The increasing penetration of internet is as well driving industry expansion in the region. In addition, various governments are presently undertaking numerous initiatives for the enhancement of connectivity infrastructure across Europe.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:
https://www.gminsights.com/request-sample/detail/2756

Increasing demand for extranet solutions –
The extranet segment is estimated to register a substantial valuation across the VPN market through the estimated period. This is because numerous businesses are adopting the extranet framework for gaining a competitive edge via the maintenance of a good relationship with consumers.

These factors are expected to create several opportunities for the private sector for network scalability and other network options. Besides, companies utilize the extranet for the analysis of consumer requirements and market trends.
In this regard, the marketing, sales, and business line management make use of an extensive range of data and usage information which is generated by means of external portals.

Surging popularity of IP VPN –
The IP VPN market size is touted to register lucrative proceeds through the coming years owing to an increase in cybercrime activities across numerous business verticals. Various companies are focused on securing their networks for the accessibility of data in a safe manner and for migrating their core enterprises to digital platforms.

The rising demand for safeguarding businesses from cyberattacks and data breaches is likely to boost IP VPN industry growth through 2027.

Escalating preference for VPN adoption in the BFSI sector –

The BFSI segment accounted for a market share of more than 40% in 2020. This is on account of the escalating demand for online transactions by means of browser-based accounts or mobile devices.

Given the increase in financial transactions via these methods, there has been a rise in the number of cybercrime activities. This has instigated financial institutions and banks to deploy numerous advanced security measures for the protection of sensitive customer information.

In a nutshell, the rapid adoption of work from home culture across enterprises and an increase in the number of cyberattacks will augment VPN market size through the foreseeable period.

Source URL: https://marketersmedia.com/vpn-market-is-set-to-register-15-cagr-till-2027-escalating-demand-in-the-bfsi-sector/89037449

Source: MarketersMedia

Release ID: 89037449

Tino Group – Providing Complete Business Digital Transformation Solutions

Tino Group tells about the company and the digital transformation solutions it offers.

July 20, 2021 / / —

Digital transformation is to reorganize your business, improve costs and better productivity immediately, which will assist your business with overcoming troubles through the present pandemic. Digital transformation is the incorporation of digital technology into all fields of a business. It brings about significant changes to the way a business works. Companies are utilizing this process to remake their organizations to be more effective and more productive. 90% of companies are working together in the cloud. As they shift more data to the cloud, quite a bit of what is being done replicates present services in a digital format. However, fundamental digital transformation is beyond that. It develops a technology framework to change these services and data into actionable information that can boost just every aspect of an organization. Tino Group is the leading provider of business digital transformation solutions.

Digital transformation is transforming how an organization operates. Systems, workflow, processes, and culture are entirely assessed. This transformation affects every level of an organization as well as brings together data across regions to work together with all the more viably. By taking benefit of workflow automation and advanced processing, for example, machine learning (ML) and artificial intelligence (AI), companies can link the dots on the customer journey in a manner that was not possible ever before. The majority of businesses are accumulating a lot of data on customers. However, the advantage is streamlining this data for analysis that can take the company forward. Digital transformation makes a system for collecting the correct data and including it entirely for business intelligence at the next level. It makes a way that distinctive functional units within an organization can change raw data into information across different touchpoints. Doing this brings a single view of the customer journey, production, operations, finance, and business opportunities.

Digital transformation is improving how companies are working. From unique data collection to a better customer experience, businesses view both cost savings and increased profitability. The digital transformation movement will keep on accelerating. One of the most significant challenges with digital transformation is the addition of distinct systems into a combined workflow. For over ten years in delivering Website, Cloud and Digital Transformation services, Tino Group has satisfied many clients in Vietnam and overseas. The company has a 24/7 support service facility for customers, including holidays, by several various methods such as call, live chat, and tickets on our dedicated support page – My Tino. It focuses on particular goals of the client with different outcomes towards profits.
For more information, click at https://tino.org/

About the Company: Tino Group is the leading company that is giving outstanding business digital transformation solutions. These solutions make sure to develop a digital-first business model to acquire competitive advantage and generally change how you deliver worth to consumers. With a comprehensive suite of services to help in digital transformation, the company supports and escalates your organization’s journey to ensure productivity gains across different levels of your operations.

Contact Information
Organization: Tino Group JSC
USA Office: 16192 Coastal Hwy, Lewes, DE 19958, US
Vietnam Office: 42 Tran Phu, Ward 4, District 5, Ho Chi Minh City, Vietnam

Contact Detail
Facebook: https://www.facebook.com/tino.com.vn
Wiki.tino: https://wiki.tino.org/

Contact Info:
Name: Truong Pham
Email: Send Email
Organization: Tino Group JSC
Address: 16192 Coastal Hwy, Lewes, DE 19958, US
Phone: 1800 6734
Website: https://tino.org/

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Release ID: 89037390

Seotoolsgroupbuy – Save Your Time And Money by Using Tools

Seotoolsgroupbuy tells about the company and the services it offers.

July 20, 2021 / / —

The thought that SEO tools are helpful for website SEO. Most marketers realize that information is power and that one’s SEO knowledge is just as strong as its developed data. Having access to reliable, accurate, easy-to-use SEO tools will surely make anyone’s SEO strategy powerful. With SEO tools, one can witness which new as well as existing keywords competitors are ranking for. After that, he can include such terms to his list, utilize the tools to get related keywords, and even think about expanding to new markets. The user will gain invaluable insights into how his site works and what SEO efforts his competitors are putting. Suppose businesses or individuals want to improve their website SEO. In that case, they can visit Seotoolsgroupbuy to get a unique and effective SEO tools system – easy-to-use and user-friendly interface.

Seotoolsgroupbuy is a suitable sharing place for affiliate marketing, advanced SEO tools and keyword SEO services for small and medium global businesses. The user can use a lot of SEO tools and keyword SEO services at the most reasonable cost. The Seotoolsgroupbuy is among the most leading sharing SEO tools in the industry, SEO services, affiliate marketing tools and Facebook spy tools globally. The company was started in 2016 and still excelling. The company has taken part in SEO experts, SEOers, advertising managers and marketers.

Many platforms do not have tools to provide even if the customer has paid. A few other places bring tools on customers’ demand, but many of them don’t work. This leads them to feel disappointed while using their services. They feel terrible as they paid for the service not operating well for their purposes. In this case, one can join hands with Seotoolsgroupbuy. The company gives 100% assurance of sending the tools to customers when the payment will be made and guarantees that they will be in good working condition. The expert will send the login details to the customers’ email that will be registered on its Site. The company’s services will be active any time when customers work with them.

Seotoolsgroupbuy is committed to offering affordable single tools and combo packages compared to different sharing places. The person will get a chance to utilize over 150+ pretty helpful SEO tools. The payment systems, as well as services, are instead secured. Also, it is committed to providing complete information that will be kept confidential. If the buyer needs to ask something, he can take the benefit of live chat and fast skype, which is open 24/7.
For more information, click at https://seotoolsgroupbuy.com/.

About the Company: Seotoolsgroupbuy is a famous platform that brings a comprehensive collection of SEO tools for professionals at the lowest prices.

Contact Detail
Facebook: https://www.facebook.com/SEO-Tools-Group-Buy-111661737824980
Twitter: https://twitter.com/tools_buy
Instagram: https://www.instagram.com/seotoolsgroupbuy2020/
Pinterest: https://www.pinterest.com/seotoolsgroupbuy2020/
Youtube: https://www.youtube.com/channel/UCR3Skno7fPxWjvT0KAgG4dQ

Contact Info:
Name: SEO Tools Group Buy
Email: Send Email
Organization: SEO Tools Group Buy
Address: 1077 Holt Street, ANDOVER, Us 14806
Phone: 714-212-8871
Website: https://seotoolsgroupbuy.com/

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Release ID: 89037408

Field Programmable Gate Array Market 2021: Global industry statistics, trends and regional outlook 2027

Field programmable gate array market size will experience high growth during 2021 to 2027 owing to increasing adoption of AI and IoT globally.

Selbyville, United States – July 20, 2021 /MarketersMedia/ —

The research report on field programmable gate array (FPGA) market, in substance, presents an exclusive understanding of the vast expanse of the business space in question. The report comprises a gist of the industry by means of providing an executive summary, industry insights, industry ecosystem analysis, market segmentation, and global trends. Furthermore, the study also provides deliverables pertaining to the regulatory and competitive landscapes and the strategic perspectives of various industry contenders with respect to the market.

Field programmable gate array (FPGA) is a semiconductor device used to build reconfigurable digital circuits. The escalating demand for sophisticated data processing on cloud platforms leading to large-scale integration of Bigdata analytics will primarily drive industry growth in the upcoming years. Battery-operated electric vehicles (EVs) heavily rely on FPGA circuits to maintain a constant supply of power and temperature across all the major components of the vehicle.

Growing demand for EVs across the globe will positively influence product adoption and industry growth. As per the IEA, the sale of electric cars topped 2.1 million globally in 2019, in which approximately 560,000 EVs were sold in Europe in the same year.

According to a Global Market Insights, Inc., report, global field programmable gate array (FPGA) market size is estimated to exceed US$15 billion by 2027. Slated below are some factors augmenting the demand for FPGAs in various industries.

Robust demand in enhancing data processing abilities

The field programmable gate array (FPGA) devices are designed to get reconfigured as per the precise computational requirements. High integration of these devices enhances the data processing capabilities of enterprises and cloud computing applications.

For example, Alibaba Cloud in October 2019, announced to integrate Intel’s Xeon FPGA Hybrid processors into its data analytics platform MaxCompute. The integration of hybrid processors enhanced Alibaba’s Bigdata performance, which allowed the company to render affordable cloud services.

To access a sample copy or view field programmable gate array market report in detail along with the table of contents, please click the link below: https://www.gminsights.com/request-sample/detail/156

Growing applications of FPGAs in EVs/BEVs

The field programmable gate array market share of the mid-range FPGA configuration category was estimated at 35% in 2020, which is expected to expand at 15% CAGR between 2021 and 2027. High reliability, greater performance, compact design, and enhanced data security of the devices are some prime factors augmenting product use. The compatibleness of mid-range FPGAs to operate in high-temperature environments will boost their incorporation in electric vehicle/battery electric vehicle (EV/BEV) applications.

Owing to such benefits, these kinds of FPGAs are highly integrated into battery management units, electronic control unit (ECU), and power control units in EVs. The flourishing electric vehicle industry across Germany, China, Canada, and the U.S. will drive industry expansion to a large extent.

AI and robotic automation in industrial applications

The field programmable gate array market share form industrial application segment will witness a CAGR of more than 15% in the coming years. The growing deployment of smart factories across developed nations will primarily propel the applications of the product. For example, Schneider Electric in June 2019, introduced its maiden ExoStructure platform-based smart factory in the U.S., which leverages industrial internet of things (IIoT) technology to run process optimization.

There is increasing integration of AI and numerous robotics and automation equipment such as robotic arms, programmable logic controllers, human-machine interface, and others into various industrial equipment. It will positively influence the high adoption rate of FPGAs in a wide array of industrial applications.

Growing penetration of 5G networks in Europe

The Europe field programmable gate array market, which held over 20% of the global market share in 2020, is projected to grow at 12% CAGR between 2021 and 2027. The regional industry expansion is majorly attributed to the growing penetration of 5G network technology augmenting a substantial demand for infrastructure development in the telecom sector across the region.

As per the European 5G Observatory, there are 18 countries in EU-27 and the UK, who have successfully commercialized 5G services in these regions as of September 2020. In a view to deploy effective 5G telecommunication services, leading telecom operators in the region are increasingly adopting FPGA-based devices including modulators, telecom servers, advanced antenna systems, and others.

Leading companies functioning in the global field programmable gate array market are emphasizing on adopting growth strategies including collaborations, acquisitions, and mergers to lead the competitive market scenario. For instance, AMD had reportedly acquired Xilinx for US$35 billion in October 2020. This acquisition has established the firm as the major FPGA supplier and a prominent competitor of Intel Corporation.

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Source: MarketersMedia

Release ID: 89037410

Data Center Colocation Market outlook 2026: Four trends fostering global industry growth

Data Center Colocation Market size is expected to witness a lucrative growth from 2020 to 2026 owing to the rising data traffic.

Selbyville, United States – July 20, 2021 /MarketersMedia/ —

A business vertical of high repute, thriving immensely on the increasing need to manage the data center requirements, the global data center colocation market as of today, stands as one of the most outpacing industrial spaces. Industrialization, especially in the developing regions, has led to an evident increase in the number of organizations operating in various fields of the economy.

This has led to the generation of massive data which requires advanced technologies for effective management and security of the information. Moreover, the advent of IoT along with the rapid penetration of big data and cloud technologies has prompted different end-use sectors to lay focus on developing the physical infrastructure for IT services.

As per reports, the global data center colocation market size could surpass USD 130 billion in terms of annual valuation through 2026. Mentioned below are some of the integral factors likely to influence the industry size in the coming years.

Change in IT infrastructure

Colocation has gained massive traction globally and is being adopted with the intent of reducing the expenses related to the management and building of the data centers. With the growing need to manage data securely and to prevent any form of data-leak, companies are setting up new data centers or changing their existing infrastructure to large-scale data centers with the use of modern technologies.

A massive shift towards the colocation hosting by large enterprises and SMEs has led to huge investments, which will drive the revenue scale of the market in the near future.

To access a sample copy or view data center colocation market report in detail along with the table of contents, please click the link below: https://www.gminsights.com/request-sample/detail/2419

Coronavirus and the need to ensure business continuity
The coronavirus outbreak has driven the need for data center colocation services among corporates to ensure business continuity. With people across the globe working from home, due to the need to control the spread of infections at the workplace, there is a growing need to manage the huge data being generated in order to ensure there is no loss of work. As businesses have shifted to a remote work culture, the consumption of the internet has grown drastically. All this and the need to store data efficiently has boosted the demand for colocation data centers.

Heavy investments in Latin America

In Latin America data center colocation market, various business entities are increasingly investing towards the establishment of data centers due to the rise in the establishment of companies. Multinational giants such as Google, IBM, and Microsoft Corporation are aiming at increasing their presence in the region due to the growing opportunities. There are more than 100 colocation data centers across Chile, Peru, Colombia, Argentina, Brazil, and Uruguay. Brazil in particular has emerged as a major market opportunity for data center collocation over the last couple of years.

5G and the competitive market dynamics

The emergence of 5G technology in various countries along with the establishment of smart cities has further supported developments in the data center colocation market. Many companies noticing the robust demand for the commercialization of 5G services is entering into a partnership, strategic alliance, or acquisitions to strengthen their offerings and position in the market.

For instance, in the year 2018, the Chinese government was exploring the merger of the country’s leading wireless carriers with an aim to speed up the development of the 5G mobile network. The merger between China Unicom and China Telecom created a market capitalization of more than USD 70 billion. Such growth in telecom sector will certainly foster need for data center services.

Some of the prominent participants operating in the data center colocation market include KDDI Corporation, Digital Realty, Singapore Telecommunications Limited, CyrusOne, and Global Switch Corporation, to name a few.

The rapidly growing need to manage the vast gathering of crucial data from various sectors such as healthcare, education, BFSI, defense, and IT will continue to steer the global data center colocation industry trends.

About Global Market Insights, Inc.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

Source URL: https://marketersmedia.com/data-center-colocation-market-outlook-2026-four-trends-fostering-global-industry-growth/89037416

Source: MarketersMedia

Release ID: 89037416

Electronic Manufacturing Services Market: Trends, growth opportunities and forecast to 2026

Electronic Manufacturing Services Market size will expand lucratively during the forecast period due to rising investments and innovation in technologies like IoT & AI.

Selbyville, United States – July 20, 2021 /MarketersMedia/ —

The electronic manufacturing services (EMS) market is anticipated to witness exponential growth on account of rising investments and innovation in technologies like IoT & AI. Manufacturing companies are steadily adopting automation and smart manufacturing techniques to enhance their production capabilities, reduce operational costs and develop high-quality products.

Incorporation of industrial robots for smart production could enhance operational performance of industrial unit and minimize human intervention. In November 2017, Asteelflash introduced a pilot program for its production facility in California for the creation of smart factory. The program would include installation of collaborative robots and connected equipment to increase productivity and generate real-time data.

Growing inclination towards smart home devices coupled with increasing integration of Internet of Things (IoT) & artificial intelligence (AI) solutions in consumer appliances may drive electronic manufacturers to adopt EMS. Considering these aspects, Global Market Insights, Inc., estimates that the electronic manufacturing services market could reach USD 650 billion by the year 2026.

Listed below are a few of the ongoing trends stimulating the demand for electronic manufacturing services:

1) Rising demand in the medical and healthcare sector –

Rapid digitalization of medical devices and surgical equipment could propel the demand for EMS in medical & healthcare sector. Estimates suggest the application segment might register a compound annual growth rate of more than 4% within the predicted timeframe. EMS solutions would help medical institutions to deliver secure and safer treatment options.

To access a sample copy or view electronic manufacturing services market report in detail along with the table of contents, please click the link below: https://www.gminsights.com/request-sample/detail/2971

Shifting trends toward developing real-time monitoring devices and solutions in the healthcare sector could drive the sales of efficient PCB assembly products. Prominent companies like Philips Healthcare, Johnson & Johnson Medical Devices Companies, Fresenius Medical Care, and GE Healthcare are working on forming strategic relations with EMS providers to develop cost-effective healthcare devices. For instance, back in August 2018, Johnson & Johnson’s Medical Device Division joined forces with Jabil to manufacture invasive surgical and orthopaedical devices.

2) Promising opportunities across North America –

Rising imminence of portable diagnostic systems and smart wearable devices like Fitbit could strengthen the North America electronic manufacturing services market size. The region earlier accounted for more than 20% of the overall market share and is expected to record a growth rate of almost 6% by the end of 2026.

Rapid integration of smart sensors into diagnostic systems could accelerate the demand for EMS in North America. With the advent of integrating chips and microprocessors, medical devices have become significantly compact.

3) Implementation of lucrative business strategies –

Companies operating in the electronic manufacturing services market are emphasizing on strategic collaboration and acquisition deals to expand their production capabilities and consumer base. Taking July 2020 for instance. Amara Raja Group announced that it has partnered with Blaze Automation to build a joint venture dubbed, Amara Raja Blaze Technologies Pvt. Ltd. (ARBT) to manufacture and develop IoT devices for global markets.

About Global Market Insights, Inc.

Source URL: https://marketersmedia.com/electronic-manufacturing-services-market-trends-growth-opportunities-and-forecast-to-2026/89037418

Source: MarketersMedia

Release ID: 89037418

Kiddimoto Announces Continued Partnership With Eight-time World MotoGP Champion Marc Marquez

Globally acclaimed toy and bike brand Kiddimoto has announced its continued partnership with Marc Marquez, the eight-time World MotoGP Champion. Kiddimoto also has the distinction of being the kids’ helmet choice of such luminaries as Prince William and David Beckham for their children.

Westbury sub Mendip, Somerset, United Kingdom – July 20, 2021 —

Kiddimoto, an international brand known for its exquisite range of toys and bikes, is pleased to announce its continued partnership with eight-time World MotoGP Champion Marc Marquez. The brand offers a wide range of premium quality children’s bikes and biking accessories that have won several industry awards. As a result of the company’s continued partnership with Marc Marquez, its iconic bright red MM93 Wooden Balance Bike will continue to adorn the famous ant logo and Marquez’ number 93.

To find out more about Kiddimoto, please visit https://www.kiddimoto.com.

Founded in 2003 by Simon Booth, Kiddimoto has grown by leaps and bounds over the years. On the BBC’s Dragons’ Den, two high-profile investors offered to invest in the brand. The company is also the recipient of the Queen’s Award for International Trade. Kiddimoto has collaborated with more than 30 motorsport world champions, such as Barry Sheene and Valentino Rossi. Additionally, many celebrity children, including Prince William’s children and David Beckham’s children, use Kiddimoto’s products.

“One of our most popular products is the bright red MM93 Wooden Balance Bike. It’s adorned with the famous ant logo and number 93 of the Spanish motorcycling sensation Marc Marquez,” said Booth. “Any wannabe racing stars will get the full GP experience with a host of lookalike features including a twin ‘exhaust,’ tank and aerodynamic tail, rotating handlebar grips.

Interested UK residents should visit https://www.kiddimoto.co.uk.

The company’s products are also available on Amazon, where they have earned the Amazon’s Choice and Best Seller badges.

To find out more about Kiddimoto and its products, please visit its websites and Amazon storefront.

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Twitter: https://twitter.com/@kiddimoto

Facebook: https://www.facebook.com/kiddimoto

Instagram: https://www.instagram.com/kiddimoto/

Youtube: https://www.youtube.com/user/KiddimotoOfficial/videos

About Us: Kiddimoto is the original British brand of balance bikes, kids cycling helmets and protection designed for nonstop toddler adventures that don’t cost the earth.

Contact Info:
Name: Simon Booth
Email: Send Email
Organization: Kiddimoto
Address: Unit 16 Lodge Hill business park, Station Road , Westbury sub Mendip, Somerset, BA5 1EY, United Kingdom
Website: https://www.kiddimoto.co.uk

Release ID: 89037398

Rechargeable EDC flashlight With Magnetic Base Now Available on Amazon

Corporal 90 degree EDC flashlight, a product from Tensor, is now available on Amazon. The product’s key features include a 500-lumen Osram P8 LED, pivoting head with aluminum body, magnetic base and 16340 700Mah rechargeable lithium-ion battery with built-in charge and discharge protection.

Westland, Michigan, United States – July 20, 2021 —

Tensor is pleased to announce that its new product, Corporal 90 degree EDC flashlight is now available via Amazon. This veteran-owned and operated company delivers several flashlights and focuses on innovation, quality and customer satisfaction. The new rechargeable flashlight from Tensor utilizes a 500-lumen Osram P8 LED mounted inside a pivoting head with an aluminum body. This flashlight also features a magnetic base and 16340 700Mah rechargeable lithium-ion battery with built-in charge and discharge protection.

To find out more, please visit https://www.amazon.com/TENSOR-Corporal-Flashlight-Rechargeable-Magnetic/dp/B08Z4F75GR.

The brand says that it is a great flashlight for everyday carry (EDC), camping, hiking, HVAC technicians, electricians, pilots, firefighters, military and many other skilled trades professionals.

One of the most useful features of this magnetic flashlight is its 90-degree swivel and adjustable head for multiple lighting directions that allow users to adjust the beam angle as needed. Its powerful magnetic tail provides a hands-free experience. With 500 lumens, these flashlights can light up to 120 meters for a powerful floodlight. The product also comes with a super-strong body clip, allowing users to carry it in their pocket. Protected against dust and water, it can be used in extreme environments.

“Our foremost priority at Tensor is to ensure your happiness. We feel absolutely confident that you will love our new rechargeable flashlight. If you have a problem, please let us know so that we can solve it,” said company spokesperson Andrew Craig.

“My dad’s birthday and Father’s Day are always the same week. I never have any idea what to get him that he doesn’t already have in his farmer’s man cave. When he’s fixing my car, he is always telling me to hold the flashlight at a certain angle. Now he has a magnetized one that will hold at whatever angle he wants and for as long as he wants. It is brighter than my larger flashlights and illuminates the room even more. It’s so cool that we don’t have to find new batteries for it either,” an impressed user mentioned in his Amazon review.

To find out more about Tensor’s pocket flashlight, please visit the company’s official website or Amazon storefront.

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About Us: Tensor is a veteran-owned-and-operated flashlight company focusing on its customers, quality and innovation.

Contact Info:
Name: Andrew Craig
Email: Send Email
Organization: Charlotte Trading Co
Address: 8282 Gray Street, Westland, Michigan, 48185, United States
Website: https://www.amazon.com/gp/product/B08Z4F75GR?pf_rd_r=DQ88T7NF9272V4KMT3VR&pf_rd_p=89879054-2e37-4233-9fd7-bd5a93dd076a&pd_rd_r=390ce84a-0544-41c5-b752-07592acc7d4a&pd_rd_w=A6s5g&pd_rd_wg=fbC18

Release ID: 89037400