Thursday, 9 October 2014

Home Energy Management Systems Market Share 2013 - 2019

The potential of home energy management (HEM) systems market to save resources has led to a lot of research and development in the HEM field. The ongoing technology trends such as decreased sensor, display costs, computation along with pervasive integration of device-level data processing ability communications have increased the market opportunities for HEM systems. The HEM systems market due to the opportunity of increased interest in electric demand will get a boost for its growth.

Browse Home Energy Management Systems Market Report With Full TOC at http://www.transparencymarketresearch.com/home-energy-management-systems.html

Home Energy Management (HEM) Systems Market Dynamics
The dynamics of the HEM systems market shifts with the shifting consumer trends. Currently, there are many challenges the HEM systems industry faces which suppress its growth.
HEM Systems Complexity
Complexity associated with many issues of HEM systems tends to suppress the growth of the overall HEM systems market. Certain HEM systems, especially the home automation systems need professional installation which increases cost and user effort.
Also, centralized home energy management systems and other individual devices such as thermostats need programming which increases the complexity of set-up and use. In addition, HEM display devices tend to display information which can confuse some consumers instead of enabling them.


There also exist the lack of awareness and consumers have certain perceived health risk for HEM systems, which tend to hamper the growth of the HEM systems market further.
HEM Systems Market Drivers
Even though, there are many problems associated with HEM systems, many factors support the growth of the market.
The population of the world is ever-growing and it is predicted by market analysts that there will be a surge in the demand for electricity. This factor in turn increases the consumer need for home energy management systems. Consumers can monitor and manage their electricity consumption efficiently with HEM systems.

To combat the market restraints, many variable pricing schemes have been introduced for electric distribution. Hence, partnership deals with real estate players and builders are offering HEM systems as a part of the amenities which provide a sound opportunity for manufacturers as well as service providers. Increased mobile connectivity and growing smartphone applications also tend to boost the growth of the market.
Global Home Energy Management (HEM) Systems Market Statistics
The global HEM systems market according to geography is divided into North America, Asia-Pacific, Europe, and Rest of the World (Middle East, Africa, and Latin America). According to a market intelligence agency, North America dominated the market share in 2012, which was attributed to the large scale deployment of wireless technologies such as HAN, ZigBee, Wi-Fi, and others. Europe HEM systems market was estimated at $155.7 million in 2012 and is projected to be the fastest growing market during the forecast period of 2013 - 2019, with a CAGR of 26.2%.


The same market intelligence company stated that the global home energy management systems (HEMS) market will reach a total value of $1909.4 million in 2019, with a CAGR of 25% during 2013 - 2019 period. During 2012, Wi-Fi was the major technology used in HEMS which accounted for 25.1% share of the total market. ZigBee technology during the forecast period will demonstrate the fastest growth and surpass Wi-Fi to become the dominant technology. This is attributed to the fact that big markets such as North America and Europe will inhibit growing demand for ZigBee.
Currently, control devices segment which included home lighting, thermostats, and home automation systems is the leading functionality sector. This will be surpassed by enabling technologies in the coming next years, which is attributed to the fact that the use of sensing, HAN, and other connectivity technologies will increase.
Cisco, the top key player in the market stated in 2010, that for the Home Energy Management (HEM) Systems Market to achieve mass-market penetration, it must overcome challenges which will enable consumers to easily sell, manage, install, and secure HEM solution. Apart from Cisco, other top key players in the global home energy management systems market include Honeywell International Incorporated, Panasonic Corporation, Intel Corporation, General Electric Company, and Sharp Corporation.

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Substation Automation Market Forecast 2014 - 2020

The market was valued at USD 96.52 billion in 2013, which is expected to reach USD 139.34 billion by 2020, growing at a CAGR of 5.4% from 2014 to 2020.

Browse the full Global Substation Automation Market Report at http://www.transparencymarketresearch.com/substation-automation-market.html

Increasing number of smart grid improving grid efficiency and reliability and increasing need for reduction in transmission and distribution loss are the major forces driving the growth of substation automation market. Apart from this, demand for distributed intelligence is also fuelling the growth of substation automation market. There are large number of upcoming power utilities in order to meet the rising demand for electricity such as in 2014, first smart grid infrastructure was developed in Dubai by Alstom S.A. and other utilities are also expected to come in the coming years. The increasing demand for electricity with rapid industrialization in the emerging economies of Asia Pacific is also boosting the growth of substation automation market.

Communication channel segment accounted for the largest revenue share in 2013. Apart from this, it is also expected to be the fastest growing segment in the coming years growing at a CAGR of 13.1% from 2014 to 2020. In terms of module, intelligent electronic devices (IED) segment held the highest market share, in 2013. Increasing demand for reduction in the outrage time and improving transmission and distribution efficiency are the major factors driving the growth in this segment. The communication network segment is expected to grow the fastest, growing at a CAGR of 13.1% from 2014 to 2020.


North America held the largest market share in 2013, which is expected to attract heavy investment and at the same time high end research is expected to be carried out in the field of substation automation. In addition, increasing demand for reduction in outrage time improving the transmission efficiency is also fuelling the growth of substation automation market. The Asia Pacific substation automation market was valued at USD 19.55 billion in 2013, and is expected to be the fastest growing substation automation market in the forecast period. Increasing demand for electricity and reduction in transmission and distribution loss is the major factor driving the growth in this segment. Apart from this, the ageing infrastructure of existing power utilities and the need to upgrade them to meet rising demand of electricity is also boosting the growth in this region.

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Major industry participants include ABB Ltd. (Switzerland), Trilliant Inc. (U.S.), Alstom S.A. (France), Schneider Electric S.E. (France), Cisco Systems, Inc. (U.S.), Siemens A.G. (Germany), Eaton Corporation Plc. (Ireland), GE Energy Management (U.S.), Itron, Inc. (U.S.) and Echelon Corporation (U.S.) among others. The report studies the global substation automation market, and provides estimates in terms of revenue (USD Billion) from 2014 to 2020. Market estimates on the basis of components and module have also been provided for each region. The market has been segmented as follows:


Substation Automation Market, by Component
Recloser controller
Programmable logic controller
Capacitor bank controller
Digital transducer/ Smart meter
Load tap changer
Communication channel
Digital relays
Others

Substation Automation Market, by Module:
SCADA
IED
Communication network

Substation Automation Market, by Geography:
North America
Europe
Asia Pacific
Rest of the World

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Tuesday, 30 September 2014

Electronic Access Control Systems Market – Industry Overview and Growth Factors


As stated by a leading U.S. firm’s new report on the global Electronic Access Control Systems market, the overall market was valued at $15,406.1 million in 2013 and is expected to grow at a CAGR of 12.6% from 2014 to 2019. The market will reach an estimated value of $31,187.8 million in 2019.

Browse the full Electronic Access Control Systems Report at http://www.transparencymarketresearch.com/electronic-access-control.html

In terms of value, the global Electronic Access Control Systems market grew from $10.1 billion in 2009 to $15.4 billion in 2013. The market is expected to reach $31.2 billion in 2019 growing at a CAGR of 12.6%. 
Electronic Access Control Systems Market Overview
Despite sloping activities witnessed in the end-user segment and recent prolonged severity of the economic slowdown that have provoked decline in value sales for EAC systems, the global market is still expected to recover and rise over the forecast period 2014 – 2019 to reach a value of $31,187.8 million by 2019.
Security is one of the primary concerns in humans. Security concerns prompt corporate sectors, governments, residential sectors, and financial institutes to invest in better security systems and deploy them at appropriate locations to avoid any sort of illegal or criminal activities.


Electronic Access Control system uses electronic hardware devices to allow limited access into secured premises. With rising vandalism, terrorist attacks in different parts of the world, violence, fraudulence, and other illegal activities occurring in public or private places, the overall demand for EAC systems soars.
Currently, the Electronic Access Control systems market is among the leading segments in the global security market.


Key Factors Driving the Market
Among the varied factors, the rising concerns over security and safety for organizations and individuals is the key factor leading to increasing demand for Electronic Access Control systems.

The technology developments and post-recession resurgence in key end-user markets also contributes to the growth of this market. Events like vandalism, violence in public places, rising terrorist attacks, threats to the public and private properties, city centers, or educational institutions have placed security as the chief concern among governments and individuals. Most key end-user sectors including, construction, hospitality, financial services, retail (malls, multiplexes), banking, IT sector, hotels and restaurants have been affected by such conditions and demonstrated weak and distorted growth patterns. Such attractiveness in the global market has increased the demand for EAC systems.
Moreover, various private and government sectors are investing in better construction and infrastructural developments, educational institutes, and healthcare centers in the scope to achieve infallible security levels. Development across such different industry verticals are expected to incite growth in the global market in the forthcoming years.
Electronic Access Control Systems Market – By Product Analysis
EAC systems are highly used security systems around the world. The market is bifurcated into three main technologies:
End-user segment (government, commercial, industrial and residential)
Authentication system (biometric and card based authentication system)
Intruder alarm system and perimeter security system (free standing, buried cable and fence mounted security system)
Among all the sects, the commercial sector is the major end-user of EAC systems. The usage of EAC system in the commercial segment has increased by a CAGR of 13.9% during 2009 – 2013 and hit a value of $4.6 billion in 2013. The commercial segment was followed by government and industrial sectors on a wide scale. However, the authentication system segment also held the largest market share in 2013. The market grew at CAGR 13.1% during 2009-2013 and reached $11.7 billion in 2013.
Regionally, Asia-Pacific is in the current commanding position to witness a robust growth in demand for EAC systems from various developing markets. This region is estimated to record the highest CAGR growth of 16.7% over the forecast period in order to reach a value of $9.6 billion in 2019.

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Friday, 19 September 2014

Surge Protection Devices Market Size 2014 - 2020

Global surge protection devices market was valued at USD 1,890.5 million in 2013; growing at a CAGR of 5.6% from 2014 to 2020 to account for USD 2,808.6 million in 2020.

Increase in the usage of high technological electrical equipment with rise in disposable incomes and the reduction in maintenance costs, delays and data loss are the prime factors driving the surge protection devices market. The increasing demand for highly technological and sophisticated appliances such as LED televisions and personal computers are rising rapidly. These devices are very sensitive and could be easily damaged by small fluctuation in the voltage. In order to protect these devices from the power surges or spikes, the demand for surge protection devices is increasing.

Browse the full Surge Protection Devices Market Report at http://www.transparencymarketresearch.com/surge-protection-devices-market.html

Line cord devices held the largest market revenue share accounting to USD 650.3 million in the year 2014. The hard wired devices segment is expected to grow at a faster rate than the other segments, as it protects against transients that come through utility power lines. Hard wired devices can prevent transients that originate from electrical circuits and further prevent it from affecting other circuits attached to it. Growing business and rapid industrialization in the emerging economies of Asia-Pacific and the Rest of the World region are further expected to drive growth in the surge protection devices market over the forecast period from 2014 to 2020.

The industrial segment led the surge protection devices market in 2014 accounting for USD 763.2 million. The dominance of this segment is due to growing industrialization in emerging countries across the globe. The increasing automation in both manufacturing and processing industry has increased the demand for surge protection devices in the industrial machineries and equipment. Commercial sector is analyzed to be the fastest growing application segment for surge protection devices and is expected to attain a significant growth in the coming future. The commercial sector is expected to grow with a CAGR of 6.3% over the forecast period from 2014 to 2020.


Geographically, North America led the global surge protection devices market by accounting for USD 801.9 million in 2014. Although the market is expected to witness least growth rate as compared to other regions, the region is expected to continue its dominance in 2020. Asia Pacific is expected to witness the fastest growth rate compared to other regions over the next six years. The growing demand for new sophisticated electrical devices such as washing machine, microwave ovens and LED televisions among others in countries such as Indonesia, India and Cha is significant which increases the demand for surge protection devices. Thus, the region is expected to grow at a CAGR of 6.4% over the forecast period from 2014 to 2020. Europe and Asia-Pacific collectively account for almost half of the global market revenue share.

Browse Press Release of Surge Protection Devices Market at @ http://www.transparencymarketresearch.com/pressrelease/surge-protection-devices-market.htm

The report provides company market share analysis of the various industry participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of surge protection devices. Major market participants profiled in this report include Schneider Electric, Eaton Corp., Emerson Electric Co., GE Industrial Solutions and Phoenix Contact GmbH. among others.


Surge Protection Devices Market: By type
Plug-in devices
Hard wired devices
Line cord devices
Power control center


Surge Protection Devices Market: By application
Commercial
Industrial
Residential

Surge Protection Devices Market: By geography
The report also provides a cross-sectional analysis of all the above segments with respect to the following regions:
North America
Europe
Asia Pacific
Rest of the World

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Wednesday, 17 September 2014

Passive Optical LAN (POL) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

The global passive optical LAN (POL) market was valued at USD 9.89 billion in 2013, growing at a CAGR of 19.2% from 2014 to 2020 and is estimated to reach USD 33.88 billion in 2020.

Increasing fiber deployments coupled with rising bandwidth requirements across the RoW and APAC regions is driving the passive optical LAN (POL) market. In addition, growth of passive optical networks globally is further propelling the POL market. Accelerating demand for energy efficient and green network solutions is driving the use of passive optical components, thereby driving the POL market. Heavy investments in fiber optic technology and in upgrading research infrastructure globally are also boosting the POL market. Thus, the global passive optical LAN (POL) market is expected to grow at a CAGR of 19.2% over the forecast period.

Browse the full Passive Optical LAN (POL) Market Report at http://www.transparencymarketresearch.com/passive-optical-lan-market.html

Components share in the global passive optical LAN market was dominated by the wavelength division multiplexers/de-multiplexers in 2013. The patch cords and pigtails market followed accounting for over 11% of the global market share of components due to high usage in ultra-high capacity networks. Fixed and variable optical attenuators and optical amplifiers markets were analyzed to grow at an above average CAGR following the rising demand for high bandwidths and the growth in fiber optic technologies wherein these components are primarily used.

The global POL market application share was dominated by the SDH application segment. SONET application segment closely followed the SDH application segment. While SDH equipment is accepted globally, SONET equipment is majorly used in the North American region. Thus, both the application segments are expected to continue their dominance during the years 2014 to 2020, on account of their ability to transfer multiple digital bit streams over optical fiber using lasers or LED's.


Increasing fiber deployments coupled with heavy investments in research and technology infrastructure across Asia Pacific and RoW is propelling the global POL market. In addition, growth in networking technologies across both regions is further bolstering the passive optical LAN (POL) market. Owing to the above mentioned reasons, the Asia Pacific region is expected to continue its dominance, followed by North America and Europe, in the global POL market.

Browse Press Release of Passive Optical LAN (POL) Market at @ http://www.transparencymarketresearch.com/pressrelease/passive-optical-lan-market.htm

The report provides company market share analysis of various industry participants. In addition, the key players in the passive optical LAN market have also been profiled. The company profiles are inclusive of the company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of passive optical LAN. Some of the key market participants profiled in this report include TE Connectivity Ltd., 3M Company, Tellabs Inc., Zhone Technologies Inc., and Huawei Technologies Co. Ltd.


Passive optical LAN market: By geography
North America
Europe
Asia-Pacific
Rest of the World


Passive optical LAN market: By components
Optical cables
Optical couplers
Optical power splitters
Optical encoders
Patch cords and pigtails
Optical connectors
Optical amplifiers
Optical transceivers
Fixed and variable optical attenuators
Optical circulators
Wavelength Division Multiplexers/De-multiplexers
Optical filters
Others

Passive optical LAN market: By application
Loop feeder
Interoffice
Fiber In The Loop (FITL)
Synchronous Optical Network (SONET)
Hybrid Fiber-Coaxial Cable (HFC)
Synchronous Digital Hierarchy (SDH) systems

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Tuesday, 16 September 2014

Advanced Driver Assistance Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2020


The global advance driver assistance system market was valued at USD 14.80 billion in 2013, growing at a CAGR of 19.2% from 2014 to 2020 to account for USD 50.48 billion in 2020.

The automotive segment is one of the attractive sectors currently, with significant expected growth in the near future. One of key factors driving the ADAS market is the increasing emphasis on safety and the adoption of safety measures. U.S., Europe and many other countries such as India, and China are mapping safety regulations mandatory for all cars. Another important factor contributing the growth of this market is the increasing demand for comfort driving by using latest technology. ADAS technologies support everyday driving tasks by improving comfort and reducing demands on the driver which helps in enhancing luxury and comfort and on the other side it is also very useful for safety purpose.

Browse the full Advance Driver Assistance System Market Report at http://www.transparencymarketresearch.com/advanced-driver-assistance-market.html

Adaptive cruise control segment was the largest segment and accounted for 18.15% of the global market in 2013. Tyre pressure monitoring system is expected to grow faster than that of other segments, growing at a CAGR of 21.1% from 2014 to 2020. Moreover, high level of economic activities and mandatory legislations across the globe is expected to spur the growth of the market in the forecast period.

North America held the largest market share in 2013. This was attributed to stringent safety & environmental regulation and buying pattern of the people of North America. Consumers in this region are more inclined toward the automobiles with advanced comfort systems and features that support the health and safety regulations imposed by the government of North America. Asia Pacific is expected to be the fastest growing region, with an expected CAGR of 20.5% from 2014 to 2020. Growing vehicle demand, improving lifestyle, and changing buyer's preferences are the major factors driving the ADAS market in Asia Pacific.

Browse Press Release of Advanced Driver Assistance Market at @ http://www.transparencymarketresearch.com/pressrelease/advanced-driver-assistance-market.htm

The report provides company market share analysis of the various industry participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of advance driver assistance system. Major market participants profiled in this report include Continental AG, Denso Corporation, Magna International, Valeo, Robert Bosch, BMW, Audi, General Motors, Ford Motor Company among others.

This report analyzes the global "Advanced Driver Assistance System" market in terms of revenue (USD billion). The market has been segmented as follows:


Advanced Driver Assistance System Market: By type
Adaptive Cruise Control (ACC)
Blind Spot Detection (BSD) System
Park Assist
Drowsiness Monitor System
Lane Departure Warning (LDWS) System
Tyre Pressure Monitoring System (TPMS)
Others (night vision, driver monitoring system, forward collision warning, heads up display)


Advanced Driver Assistance System Market: By technology
Ultrasonic Sensors
Image Sensors
Radar Sensors
Laser Sensors
Infrared Sensors


Advanced Driver Assistance System Market: By geography
North America
Europe
Asia Pacific
Rest of the World

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Europe Wearable Technology Market is Expected to Reach USD 2545.51 Million in 2019


This market was valued at USD 308.69 million in 2013, growing at a CAGR of 42.1% from 2014 to 2019 to account for USD 2545.51 million in 2019.

Wearable technology market is a niche market with current domination of a few players. As the technology is new and there are few players, the prices of the products are high. However, the applications of wearable devices are currently spanning across sectors such as fitness and wellness, infotainment, healthcare and medical and industrial and military. Additionally, the applications of these new technology products are expected to increase with further development in the devices, over the forecast period.

Browse the full Europe Wearable Technology Market Report at http://www.transparencymarketresearch.com/europe-wearable-technology-market.html

The wearable technology market is segmented by application into fitness and wellness, infotainment, healthcare and medical, and industrial and military. Various products such as smart clothing and smart sports glasses, activity monitors, sleep sensors, smart watches, augmented reality headsets, and monitors in the wearable technology market are further included under these applications. These are further segmented into products with several features. For example, outdoor activity watches have been segmented into watches with altimeter, barometer and compass. Similarly, running watches have been segmented into watches with heart rate monitors and without heart rate monitors. Other products have been further segmented and covered in the report. Among these, the fitness and wellness segment accounted for the highest market share in 2012 and is expected to maintain its position throughout the forecast period due to rising adoption of wearable technology products.

Germany acquired the largest market for wearable technologies with a share of 32% in 2012. Technological innovations presented through various conferences on wearable technologies have created awareness and increased its adoption in the country. An example of such conference is Wearable Technology Conference (WTC) in Germany conducted by Wearable Technologies Service GmbH, a key player in the European market. This conference provides a platform for experts in this industry and further accelerates the growth of wearable technology in this country. In addition, developments are taking place in the field of self powering wearable devices in the country.

Browse Press Release of Europe Wearable Technology Market at @ http://www.transparencymarketresearch.com/pressrelease/europe-wearable-technology-market.htm

A large number of developments have been taking place in the wearable technology market in UK. In 2014, Wearable Technology Show was held in London which showcased innovative products in wearable technology. Moreover, the UK show also saw an alternative to Google glass, Optinvent Ora. These augmented reality glasses put a see through screen which is three times larger than the Google Glass. Active developments are also taking place in the field of smart clothing. A UK based textile firm Intelligent Textiles develops electrically active woven fabrics for commercial products ranging from body armor to heated bedding and garments connected to iPods. This company supplies its fabric throughout Europe and the United States. Owing to all these technological developments and new product launches, the demand for wearable technology is expected to rise in UK in the coming years and thus the region is analyzed to grow at a CAGR of 41.8% over the forecast period.


Scandinavian region include three countries namely Denmark, Norway and Sweden. Wearable technology market players in these countries are involved in the development of new wearable products through technical innovations. In Sweden, scientists are developing ways to power wearable devices through blood. These devices will use naturally occurring processes in human body to generate electricity. The energy will be stored in biofuel cells and can be utilized to power medical applications of wearable technology. The developments in Denmark and Sweden are steady however; they are expected to increase with the entry of key players in these counties. Thus, the country is analyzed to witness a CAGR of 43.1% over the forecast period of 2014 to 2019.


For better understanding of the wearable technology market, we have included a detailed analysis of the value chain. A detailed Porter's five forces analysis has been provided for a better understanding of the intensity of competition present in the market. Major market participants profiled in this report include Google Inc. Microsoft, Sony, Samsung, Nike and Adidas among others.


Wearable technology Market: By applications
Fitness and Wellness
Infotainment
Healthcare and Medical
Industrial and Military

Wearable technology Market: By products
Smart clothing and smart sport glasses
Activity monitors
Sleep sensors
Smart watches
Heads-Up displays
Smart glasses
Continuous glucose monitor
Drug delivery
Monitors
Wearable patches
Hand worn terminals
Augmented reality headsets

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Ms. Sheela AK
90 Sate Street, Suite 700
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