Global Smart TV Market 2020-2024 | 21% CAGR Projection Through 2024 | Technavio

 

The global smart TV market is expected to post a CAGR of more than 21% during the period 2020-2024, according to the latest market research report by Technavio.

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The growing popularity of 4K video and video streaming services has encouraged market vendors to introduce smart TVs that emphasize visual perfection. This has led to the increased penetration of advanced display technologies such as OLED and QLED displays. These technologies improve the color, lighting, sharpness, and contrast and significantly reduce the thickness and overall weight of the TV. In 2019, Samsung launched its QLED 8K TV with Bixby voice assistance. Similarly, LG has announced its plans to launch a series of high-end OLEDs in 2020 with AI and deep learning algorithms. The introduction of such smart TVs will drive the growth of the market during the forecast period.

As per Technavio, the growing prominence of online sales will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Global Smart TV Market: Growing Prominence of Online Sales

The growing penetration of internet-enabled mobile devices across the world has increased the consumer preference for online shopping. This has encouraged TV manufacturers to offer their products through their own websites and other e-commerce websites. For instance, Xiaomi sells premium TV models to its customers through online retail channels in emerging economies, such as India. During the period April 2018 and October 2018, the company sold more than 500,000 Mi smart TVs in India. Therefore, the increase in online sale of smart TVs is expected to boost the growth of the global smart TV market during the forecast period.

 

Global Smart TV Market: Segmentation Analysis

This market research report segments the global smart TV market by distribution channel (offline and online) and geography (APAC, Europe, MEA, North America, and South America).

The APAC region led the smart TV market in 2019, followed by Europe, North America, South America, and MEA respectively. During the forecast period, the APAC region is expected to register the highest incremental growth. This is due to the increase in the number of OTT service providers and the availability of a diverse range of technologically advanced smart TVs in the region.

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Fuel Cell Market by Product, Application, and Geography - Forecast and Analysis 2020-2024

The hydrogen fuel cell stacks market and it is poised to grow by USD 102.69 million during 2019-2023, progressing at a CAGR of 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Favorable government regulations and initiatives has been instrumental in driving the growth of the market. However, challenges associated with hydrogen refueling facilities might hamper market growth. Request a free sample report

Hydrogen Fuel Cell Stacks Market 2019-2023: Segmentation

Hydrogen Fuel Cell Stacks Market is segmented as below:

Application

·         Stationary

·         Transport

·         Portable

Geographic segmentation

·         Americas

·         APAC

·         EMEA

Hydrogen Fuel Cell Stacks Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our hydrogen fuel cell stacks market report covers the following areas:

·         Hydrogen Fuel Cell Stacks Market Size

·         Hydrogen Fuel Cell Stacks Market Trends

·         Hydrogen Fuel Cell Stacks Market Industry Analysis

This study identifies growing adoption in material handling applications as one of the prime reasons driving the hydrogen fuel cell stacks market growth during the next few years.

Hydrogen Fuel Cell Stacks Market 2019-2023: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the hydrogen fuel cell stacks market, including some of the vendors such as Ballard Power Systems Inc., Bing Energy Inc., Freudenberg SE, Horizon Fuel Cell Technologies Pte. Ltd., Hydrogenics Corp., Nuvera Fuel Cells LLC, Plug Power Inc., PowerCell Sweden AB, Proton Power Systems Plc and Sunrise Power Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the hydrogen fuel cell stacks market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support

 

NAND Flash Market by Technology, Application, Type, and Geography - Forecast and Analysis 2020-2024

 

The NAND flash market and it is poised to grow by USD 8.26 billion during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Cypress Semiconductor Corp., Intel Corp., Kingston Technology Co. Inc., Marvell Technology Group Ltd., Micron Technology Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., SK HYNIX Inc., Toshiba Corp., and Western Digital Corp. are some of the major market participants. The growing investments in fabrication facilities will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Growing investments in fabrication facilities has been instrumental in driving the growth of the market.

NAND Flash Market 2020-2024: Segmentation

NAND Flash Market is segmented as below:

·         Technology

o    TLC

o    MLC

o    SLC

·         Geography

o    APAC

o    North America

o    Europe

o    South America

o    MEA

·         Application

o    Smartphones

o    SSDs

o    Memory Cards

o    Others

·         Type

o    3D NAND

o    2D NAND

NAND Flash Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our NAND flash market report covers the following areas:

·         NAND Flash Market Size

·         NAND Flash Market Trends

·         NAND Flash Market Industry Analysis

This study identifies rise in number of strategic partnerships and acquisitions as one of the prime reasons driving the NAND flash market growth during the next few years.

NAND Flash Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the NAND flash market, including some of the vendors such as Cypress Semiconductor Corp., Intel Corp., Kingston Technology Co. Inc., Marvell Technology Group Ltd., Micron Technology Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., SK HYNIX Inc., Toshiba Corp., and Western Digital Corp. Backed with competitive intelligence and benchmarking, our research reports on the NAND flash market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

 

Insights on the Global Mobile Apps Market | COVID-19 Impact and Analysis of Related Markets Drivers, Opportunities and Threats

 

The global mobile apps market to grow steadily at a CAGR of almost 21% during 2020-2024. One of the primary drivers of the market is the growing penetration of smartphones. The number of smartphone users has steadily increased over the years. This is mainly due to the proliferation of low-cost smartphones in emerging markets such as China and India. The increasing sale of smartphones is providing significant growth opportunities for mobile app developers. This is expected to propel the growth of the global mobile apps market during the forecast period. 

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The global mobile apps market is a part of the interactive media and services market. The global interactive media and services market includes companies engaging in content and information creation or distribution through proprietary platforms, where revenues are derived primarily through pay-per-click advertisements. Our research reports provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Technavio’s reports are aimed at providing key insights into interactive media and services markets by identifying the key drivers, trends, and, challenges that are impacting the overall health care supplies market. The research analyses the impact on these factors on the mobile apps markets, for the present market scenario and over the forecast period. Technavio’s reports provide a comprehensive analysis on the vendors and their offerings, major growth strategies adopted by stakeholders, and the key happenings in the market.

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Interactive Media and Services Market: Segmentation

Interactive media and services market, the parent market, includes the global mobile apps market within its scope and it is further segmented into multiple sub-segments. Technavio’s reports identify the high growth areas and opportunities for vendors operating in each sub-segment of the mobile apps market . The market is segmented as follows:

Category

·         Gaming Apps

·         Non-gaming apps

o    Music and entertainment

o    Health and fitness

o    Travel and hospitality

o    E-Commerce and retail

o    Education and learning

o    Social networking

o    Productivity

Marketplace

·         Apple app store market

·         Google play store Market

·         Others

Platform

·         iOS

·         Android

·         Others

Application

·         Entertainment

·         Social networking

·         Finance

·         Healthcare

·         Others

Revenue Model

·         Advertising

·         In-app purchases

·         Freemium

·         Pay-per-download

·         Subscription

 

Plant-Based Meat Market 2020-2024 | New Product Launches to Boost Growth

 

The plant-based meat market and it is poised to grow by USD 3.17 bn during 2020-2024, progressing at a CAGR of over 17% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Moving Mountains Foods, The Kraft Heinz Co., The Tofurky Co. Inc., Tyson Foods Inc. and Unilever Group. are some of the major market participants. Although the new product launches will offer immense growth opportunities, increasing consumption of animal meat will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

New product launches have been instrumental in driving the growth of the market. However, increasing consumption of animal meat might hamper market growth. Request a free sample report

Plant-based Meat Market 2020-2024: Segmentation

Plant-based Meat Market is segmented as below:

Type

·         Plant-based Beef

·         Plant-based Chicken

·         Plant-based Pork

·         Others

Geographic segmentation

·         APAC

·         Europe

·         MEA

·         North America

·         South America

Plant-based Meat Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our plant-based meat market report covers the following areas:

·         Plant-based Meat Market Size

·         Plant-based Meat Market Trends

·         Plant-based Meat Market Industry Analysis

This study identifies growth of private label brands as one of the prime reasons driving the plant-based meat market growth during the next few years.

Plant-based Meat Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the plant-based meat market, including some of the vendors such as Moving Mountains Foods, The Kraft Heinz Co., The Tofurky Co. Inc., Tyson Foods Inc. and Unilever Group. Backed with competitive intelligence and benchmarking, our research reports on the plant-based meat market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

 

Global Planting Equipment Market 2020-2024| Evolving Opportunities with AGCO Corp. and Bourgault Industries Ltd.

 

The global planting equipment market and the market is poised to grow by USD 4.28 billion during 2020-2024 at a CAGR of over 6% during the forecast period.

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The growing emphasis on farm mechanization along with funding for the rising deployment of equipment and technologies for precision farming is anticipated to boost the growth of the market.

Various government and non-government bodies around the globe are introducing several initiatives to improve agricultural practices and productivity. Governments are providing subsidies to farmers to purchase agricultural machinery and equipment, including planting equipment. In addition, they are promoting the use of advanced technologies and mechanized equipment even in small household farms. They are offering agricultural loans and funds to support young farmers to start their own farm businesses. Thus, the growing emphasis on farm mechanization is expected to drive market growth during the forecast period.

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Major Five Planting Equipment Market Companies:

AGCO Corp.

AGCO Corp. is headquartered in the US and operates the business under various segments such as Tractors, Replacement parts, Grain storage and protein production systems, Combines, Application equipment, and Other machinery. The company offers a range of planters such as 9500VER Series Flex-Frame Planters and 9200VE Series Planters.

Bourgault Industries Ltd.

Bourgault Industries Ltd. is headquartered in Canada and offers products through the following business units: Air seeders, Air drills, Tillage, MRB and MRS fertilizer applicators, Harrows and packers, Fertilizer application systems, and Grain carts. The company offers a range of products such as 6000 Series Air Seeders and 7000 Series Air Seeders.

Bucher Industries AG

Bucher Industries AG is headquartered in Switzerland and operates under various business segments, namely Bucher Industries AG, Bucher Municipal, Bucher Hydraulics, Bucher Emhart Glass, and Bucher Specials. The company offers a range of seed drills such as 9400 Series and 5200 Series.

CLAAS KGaA mbH

CLAAS KGaA mbH is headquartered in Germany and offers products through the following business segments: Combines, Forage harvesters, Telehandlers, Balers, Forage harvesting machinery, and Transplanter. The company offers a range of transplanters such as PADDY PANTHER 14 and PADDY PANTHER 26.

CNH Industrial NV

CNH Industrial NV is headquartered in the Netherlands and UK and offers products through the following business segments: Agricultural Equipment, Construction Equipment, Commercial Vehicles, Powertrain, and Financial Services. The company offers a range of air hoe drills such as New Holland P2000 series air drills.