Marine Cables and Connectors Market Gains from High Adoption of Fiber Optic Cables in Telecommunication Industry

The global marine cables and connectors market is anticipated to attain a significant prominence due to the important application in the integration of a variety of systems and subsystems across various industries. In 1850, the first underwater cable was installed to deliver telegraphy traffic. The demand for marine cables and connectors could increase in the near future because of the staggering rise in the need for high and reliable efficiency, connectivity, and performance. On account of their high-speed and efficient data transfer capabilities, the telecommunications industry is witnessing a high adoption of fiber optic cables.

Transparency Market Research (TMR) projects the global marine cables and connectors market to grow at a 5.3% CAGR between 2017 and 2025. The market could be valued at a US$14.0 bn by the concluding forecast year. In 2016, it achieved a valuation of US$8.8 bn.

A leading company operating in the global marine cables and connectors market, Eaton Corporation plc will be announcing its Q4 2017 earnings on February 1, 2018. For 2018, the company expects its effective tax rate to stay between 14.0% and 16.0%, representing a 3.0% increase over its estimate of 11%-13% prior to the impact of the Tax Cuts and Jobs Act (TCJA) in the U.S.

What Factors Helped Europe to Sit over Major Market Share?

Followed by Asia Pacific, Europe is envisioned to take a commanding position in the world marine cables and connectors market due to primary factors such as early adoption. The region already showcased its supremacy in 2016, giving market researchers a clue of its foreseeable dominance. In terms of rate of growth, Asia Pacific could outstrip other regions of the market in the coming years. The growth of Asia Pacific is prognosticated to get help from the impressive increase in the upgrade activities of infrastructures across data centers. Furthermore, the massive investment in the telecommunication applications of marine cables and connectors could support the region to sustain its place in the market.

The U.S. boasting of a strong presence of a number tech giants is predicted to set the tone for a valuable growth of the world marine cables and connectors market in North America. There could be promising growth prospects taking birth in the region owing to the worldwide expansion of top companies such as Microsoft, Google, and Facebook. This led to a vast increase in infrastructure upgrade activities, thus promoting the demand for marine cables and connectors in the region.


Which Segments of Market could Demonstrate Dominance in Future?

The international marine cables and connectors market is prophesied to testify of the substantial increase in the application of connectors on account of the latest developments in telecommunication and power transmission industries. However, more could be expected of cables as the projected segment by type is forecast to take hold of a king’s share in the market. If underwater depth is taken into consideration, the beach joint 2 market is prognosticated to rise at a higher CAGR because of the significant rise in the installation of telecommunication and power network lines.

While there could be various end-use industries demanding marine cables and connectors at a high rate, telecommunication is foreseen to make its presence known in the near future. In 2016, the industry claimed a major share in the international marine cables and connectors market.

M2M Services Market: Increasing Network of Fiber Optic Cable coupled with Enhanced Internet Connectivity to Drive Market Growth

The global market for M2M services is characterized by the dominance of some of the big telecom players that have international presence. Some of the key players in the global market for M2M services include names such as AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle.

Leading players in the market are putting in large sums of money in the activities of research and development to gain more advantage in terms of advanced communication technologies and are also indulging into strategic business activities such as mergers, acquisitions, and collaborations to gain an upper hand over the market rivals. Leading players in the market are also seen to tap into the opportunities presented by the emerging market after the recovery of the economy post the 2008 economic slump in 2008. In a recent development, Grameenphone has introduced a new package for its corporate clients called as M2M (Machine to Machine) plan to manage their several devices more effectively. The launching ceremony was conducted at the GP house in Bashundhara.


The global market for M2M services stood at an initial market valuation of US$9.695 bn in the year 2016. This valuation is projected to grow and reach a figure worth US$83.616 bn by the end of 2025. This growth of the global market for M2M services is expected to be achieved with the help of an impressive CAGR of 27.2% over the course of the given forecast period of 2017 to 2025. 

What Aspects Drive Growth of Global Market for M2M Services?

The chief driving factors for the growth of the global market for M2M services include growing networks of fiber optic cable and enhanced internet connectivity all across the globe. The M2M communications are carried out over the mobile networks that make use of fiber optic cables for transferring huge amounts of data. With considerable enhancements in the overall internet connectivity and the speed of the internet connection over the past couple of years, the M2M service providers now have the capacity to provide more integrated and advanced telecom solutions to the industrial clients. In addition to this, cloud services and solutions offered by the M2M service providers can be utilized over large number of devices and can aid in transferring huge amounts of data. 

Besides this, considerable drop in the functional costs associated with the M2M services because of the enhanced speed of wireless connectivity is also helping in driving the overall growth of the global market.


Large investments made by the telecom companies for the overall development of the fiber optic networks is also augmenting the growth of the global market for M2M services. For instance, India based Reliance Industries’ new telecom venture – Reliance Jio – involved huge investments in developing the fiber optic network. Introduced in June 2017, the network of fiber optic cable of Reliance Jio is nearly 25,000 km long that connects Africa, Asia, and Europe. Another big example of such development is the 9000 km long fiber optic cable network that connects Japan and the U.S.

What Factors May Impede Market Growth?

However, there are some factors that might impede the growth of the market in the coming years of the forecast period. One of the key restraining factor for the growth of the global market for M2M services is the consistent threat of theft of sensitive information in an event of cyber-attack. This is proving to be a massive headache for the service providers and is expected to slow down the growth of the market in the coming years. 

Deployment of Mobile Edge Computing enables Customized and Innovative Network Services for Operators and Vendors

World over, the need for cloud computing capabilities in mobile networks for carrying out enormous compute and storage-intensive applications is gathering steam in consumer markets. The need for potentially- powerful distributed computing environments for supporting these applications in an IT service environment has triggered the demand for mobile edge computing (MEC). MEC architecture has brought cloud computing to the fore by deploying applications and processes near to cellular customers, decreasing latency, meeting high-bandwidth requirements, and enhancing the user experience. In various parts of the world, application providers gaining access to radio network information in real time are leveraging the potential of mobile edge computing technology to offer customized applications and innovative services with higher quality of customer experience.

The rapidly expanding use cases of mobile edge computing, notably internet-of-things and augmented reality, is helping players explore new markets. The emerging industry standards for deploying MEC and the rapid adoption of MEC server platforms is opening new revenue streams for telecom operators, content providers, and third-party vendors. Furthermore, the ongoing developments in 5G and other next-generation technologies in several developing and developed nations are underpinned by MEC technologies. The market is headed for exciting prospects in the coming years.

According to Transparency Market Research (TMR), the global mobile edge computing market is projected to surge from US$73.8 million in 2016 to reach a worth of US$4228.3 million by 2025 end. The presence of stalwarts and big technology players focused on developing technology advanced applications and services for various industry verticals will keep future avenues bustling with opportunities.

Which component is expected to witness wide adoption in the coming years?

The major components of mobile edge computing network architecture comprise hardware, software, and service. Of these, hardware is the clear winner witnessing extensive demand as it serves as a key determinant of the deployment of mobile edge computing platforms. The extensive demand for processors, switches, servers, and routers to be used in MEC networks is a key factor bolstering the demand. The substantial demand for MEC hosting infrastructure among mobile network operators to offer innovative services is also accentuating the demand for hardware components.

According to TMR, the segment accounted for a lion’s share 80.0% in 2016 in the overall market. The vastly rising demand for IoT devices is also bolstering the demand for MEC platforms.

A number of players in developed nations are intensifying their efforts to update their infrastructure and platforms to facilitate the development of mobile edge computing networks. To support one of these initiatives, the Open Networking Foundation (ONF), a consortium of operators offering advanced solutions, has in December 2017 upgraded its Central Office Re-architected as a Data Center (CORD) code, called 4.1 release, offering a single distribution platform for all subscribers—residential, mobile, and enterprise packages. The CORD project hopes to become one of the key infrastructure for mobile computing platforms. The CORD 4.1 release is a unified platform for various subscribers looking for leveraging the potential of edge computing.

Which regions are likely to stoke the demand for mobile edge computing technologies?

The various regional markets for mobile edge computing are the Middle East and Africa (MEA), Asia Pacific, Europe, and North America. Europe stands out as the leader witnessing substantial adoption of MEC networks. The demand for MEC is driven by the staggering rise in monthly data consumption in various parts of the region and the burgeoning adoption of devices under the IoT network.


North America is another prominent regions for the uptake of mobile edge computing systems and services. The regional market, led by the U.S., is witnessing several exciting developments by globally prominent and regional hardware and software vendors. However, market players are likely to shift their focus toward developing regions such as Asia Pacific and MEA. A burgeoning mobile subscriber base and the soaring popularity of IoT devices and compute in these regions are noteworthy trends that will spur demand for MEC in the coming years. 

High-flow Nasal Cannula Market: Increasing Prevalence of Respiratory Disorders to Bolster Market Growth

A nasal cannula refers to that very device which is used for the purpose to delivering increased airflow or supplemental oxygen to a patient who is in dire need of the assistance of respiratory therapy. A nasal cannula is also known as nasal oxygen cannula.

The global vendor landscape of the said market is quite a fragmented one with the presence of numerous players. MEK-ICS CO., LTD., ResMed, Inc., Fisher & Paykel Healthcare Limited, Becton, Teijin Pharma Limited, Teleflex Incorporated, Flexicare Medical Limited, Vapotherm, Inc., Dickinson and Company, Hamilton Medical, Great Group Medical Co., Ltd., Smiths Medical, TNI medical AG, and Salter Labs are some of the prominent names that comprise the market vendor landscape. Of all of these, Fisher & Paykel Healthcare Limited has appeared as the leader of the market for high-flow nasal cannula in the year 2016.

The world market for high-flow nasal cannula is driven by a numbers of factors. At the very front, exists the burgeoning number of respiratory disorder cases. In addition to that, phenomenal popularity and the adoption of heated humidified high-flow nasal cannulas together with increased investments in programmes of research and development by several market players are further bolstering the growth of the market. An increasing inclination towards product diversification and cost-effective product are also poised to drive market growth.


This market research report by Transparency Market Research estimates that the world market for high-flow nasal cannula is set to rise at a double digit growth rate of 11.8% CAGR. The growth rate is for the forecast period that extends from the year 2017 to 2025 and obtains a market valuation of US$9.08 bn by the end of forecast year, at 2025 rising from a market valuation of US$3.42 bn in the year 2016. 

What could be the Growth Trajectories for the Market?

The international market for high-flow nasal cannula is prognosticated to be bolstered mostly by the increasing preference of heated humidified high-flow nasal cannulas and soaring occurrences of respiratory disorders. Another growth promoting element that could prove advantageous for the said market is the augmented investments in the department of research and development by several market players. It is an effort to emerge with much improved products by making optimum use of advanced technologies. This enables the companies to diversify their product portfolio and obtain an edge over their rivals.

The market for high-flow nasal cannula, has been segmented into various categories. Of those categories, the division of active humidifier accounted for maximum market share in the year 2016. It was followed by the category of air/oxygen blender. In the forthcoming years, it is forecasted that active humidifiers category would continue with their market dominance at the backdrop of relentless innovations in and diversification of humidifiers by many of the health care solution providers and manufacturers so as to improve upon their product effectiveness.
Which Geographical Segments would Retain Its Lead in the Industry?

From the regional point of view, in the present market scenario, North America accounts for most of the market share in the world market for global high-flow nasal cannula. The regional dominance of North America is owing to significant rise in the number of patients who have been suffering from diseases associated with respiratory system. Apart from that, other growth promoting factors such as increased health awareness, supportive reimbursement policies and healthcare systems, and affordability are also proving beneficial for the market.
North America is followed by Europe. However, it has been forecasted that Asia Pacific would register a very high growth rate with a CAGR of 11.7% over the period of forecast. This is owing to its enhanced healthcare system with better policies in place, favourable demographics, and sound economic growth.

Need to Serve Mobility Requirements of Growing Geriatric Population Drives Demand for Robotic Rehabilitation and Assistive Technologies

The global robotic rehabilitation and assistive technologies market is currently in its nascent state as only a fraction of possible applications of robotic rehabilitation and assistive technologies are being explored. While the market is largely consolidated with a small number of established companies, new participants are seeking entry to leverage the ample growth opportunities the market offers. 

Accuray Incorporated. Bionik Laboratories Corp., Ekso Bionics, Instead Technology Ltd., Reha-Stim Medtec Gmbh & Co. KG, AlterG Inc., Vincent Medical,., DIH Technologies Corporation, Intutive Surgical Inc., and Mazor Robotics are to name pioneering companies in the global market for robotic rehabilitation and assistive technologies.

As per estimates of a report by Transparency Market Research, the global market for robotic rehabilitation and assistive technologies will clock a CAGR of 13.1% over the 2017-2025 forecast period. Expanding at this rate, the market which stood at US$765.1 mn in 2016 will be valued at US$2,290.3 mn by 2025 end.

Q: What are the key growth drivers of the market?

A: The adoption of medical robots is bringing about a radical change in the way medical care is rendered. Surgical robots assist surgeons to carry out complex minimally invasive surgeries; some robots aid to improve accuracy of radiation therapy for cancer and for rehabilitation of disabled patients. Due to this, medical robots hold immense promise for modern healthcare practices. 

The burgeoning geriatric population globally and increasing incidence of stroke, both of which hamper moving ability of individuals to a lesser or higher degree is stoking growth of the robotic rehabilitation and assistive technologies market. 

Apart from this, technological advances leading to the adoption of more efficient motors, power back-up, use of compact and light materials, and sophisticated controls and safety mechanisms are also bolstering the market for robotic rehabilitation and assistive technologies.


Q: Which market segments are showing greater promise?

A: Depending upon portability, robotic rehabilitation and assistive technologies could be divided into standalone and mobile. Standalone robots currently gross maximum revenue, and going forward the segment is likely to maintain its dominant share in the upcoming years. This is mainly because of their efficiency for inpatient rehabilitation and favorable reimbursement policies. Additionally, technological advances serves as another key factor to up the demand for standalone robots.

On the basis of type, the two broad segments into which the global robotic rehabilitation and assistive technologies market could be divided are assistive robot and rehabilitation robot. Of the two, assistive robot accounts for the leading revenue share in the market. This is because assistive robots assist disabled people and elderly people to carry out day-to-day work. In the coming years too, assistive robot segment is anticipated to maintain its dominant share.

Q: Geographically, which region presents the most promising growth opportunities for the global market?

A: From a geographical standpoint, North America holds supremacy in the global robotic rehabilitation and assistive technologies market. This is attributed to a well-established robotic industry and early adoption of scientific and technological innovations across business sectors. Expanding at a CAGR of 12.8% for the forecast period between 2017 and 2025, North America will continue to hold on to its lead position. 

Vis-à-vis growth rate, Asia Pacific is likely to outshine other key regions for robotic rehabilitation and assistive technologies. A rising pool of elderly population is mainly serving to boost the demand for robotic rehabilitation and assistive technologies in the region.

Agriculture Robots Market Flourishing on Escalating Food Demand and Decreasing Arable Land

On the back of escalating population across the world, the need for food is forever incrementing. At the same time, arable land is limited as a number of emerging economies are focused on urbanization. These factors have raised a case for extracting maximum yield out of available agricultural landscape and have given birth to the market for agriculture robots, which are devices that can improve the efficiency of harvesting procedures. Also sometimes termed as agrobots, agricultural robots or drones are now frequently used for weed controlling, cloud seeding, planting seeds, soil analysis, and environmental monitoring. 


As the awareness regarding the benefits offered by agriculture robots spreads and the technology becomes more affordable for cost-effective parts of the world, the demand in the global agriculture robots will multiply at an impressive CAGR of 24.1% during the forecast period of 2016 to 2024, according to a recent business and commerce study by Transparency Market Research. The analysts of the report have evaluated that the opportunities in the agriculture robots market, worldwide, translated into a revenue of US$1.01 bn in 2016 and have estimated it to swell up to US$5.7 bn by the end of 2024.

Which factors will ensure a prosperous future of the agriculture robots market?

Apart from increasing strain on the global food supply as a result of increasing population, some of the other key factors augmenting the demand in the global agriculture robots market are: prospects of substantial cost savings by the food producers in a long term and government support to adopt modern agriculture techniques. In addition to that, recent new advents such as unmanned aerial vehicles (UAVs) or drones that are specifically designed for agricultural farms and welcoming nature of food producers in developed countries regarding new technologies are also expected to reflect positively on the global agriculture robots market in the near future. On the other hand, the requirement of substantial capital investment before production stage is achieved from agrobots, strong lack of awareness in several emerging economies, and the absence of standardized safety regulations for the usage of these devices are obstructing the market from attaining its true potential. In addition to that, the commercialization of agricultural robots is a time-consuming process and the players operating in this market will have to overcome it to gain maximum profits.

What is the nature of competition among the leading players?

The global agriculture robots market makes for a scenario wherein regional players are dominating within the countries they have a presence in. For example, Clearpath Robotics, Harvest Automation, Inc., and PrecisionHawk, Inc. are three companies who were ahead of the curve in the region of North America in 2015, whereas SenseFly SA and Naio Technologies held the upper hand in Europe. Over in the region of Asia Pacific, Shibuya Seiki has been identified as the leader the same year, 2015. Owing to the sheer profitability of this market and a radical growth rate, a number of new players are expected to make a foray in the near future and eat into the shares of the dominant players. For the key players to maintain their stronghold, the analysts of the TMR report have suggested development of cutting-edge technologies to meet diverse requirements.


Which region is primed to provide for greater demand?

In 2015, North America accounted for the maximum demand as a region in the global agriculture robots market, although vastly populated Asia Pacific is expected to turn into a highly lucrative region towards the end of the forecast period. China and Japan are two countries that are at the forefront of growing demand for agriculture robots from the region.

Focus on Developing Smart City Infrastructure in Developing and Developed Economies to Fortify Uptake of Smart Locks

The vast array of automation products available for residential and commercial sectors is a notable factor contributing to the popularity of smart locks, especially among homeowners. The rising focus on creating smart city spaces with automated technologies and infrastructure in a number of industrialized nations is providing a robust impetus to the demand for smart locks. The rapid strides made by telephony hardware in recent years in various developing and developed regions and the paradigmatic shift in adoption of 2G to 4G have provides a robust underpinning to the growth of the smart locks market. Coupled with this, the substantial progress made by wireless communication technologies in recent times has positively impacted the demand for smart locks. 

The markedly growing penetration of internet in far-flung areas and the rising deployments of IoT networks are prominent trends fortifying the demand for smart locks among commercial and residential users. The rapid pace of urbanization, coupled with vast improvements made in lifestyle of populations in emerging economies, are expected to accentuate the demand for smart locks over the forecast period. According to Transparency Market Research (TMR), the opportunities in the market is projected to be worth US$1.01 billion by the end of 2024.

Which application areas are expected to witness extensive uptake in the coming years?

Broadly, smart locks find use in various sectors comprising residential, commercial, industrial, and the government. The demand is expected to remain prominent in commercial sectors world over. The demand is fueled by the growing number of criminal and unauthorized activities affecting commercial establishments and the pressing need for making commercial building safer. The use of smartphone apps to operate smart locks takes convenience factor a notch higher. Technological advancements in electronics used in smart locks will expectedly bolster the potential of these locks for commercial sectors world over. 

systems or servers controlling the functioning connected smart devices has left smart locks to unauthorized access, thereby raising marked concerns among users. However, with companies quick to offer fixes for these bugs, these concerns will mitigate over time.  

Which regions are likely to witness substantial demand for smart locks?

The key regional markets for smart locks are North America, the Middle East and Africa (MEA), Europe, South America, and Asia Pacific. Of these, North America is projected to be at the forefront. The demand is stimulated by the mounting security concerns for residential, commercial, and industrial sectors. The substantially rising uptake of smart home products in various key countries, particularly the U.S. and Canada, is bolstering the demand for smart locks. The presence of a robust communication infrastructure and networks in the region is further contributing to the demand among homeowners. According to TMR, the regional market held a major share of 33.6% in 2015. 


In recent years, there have been some mergers and acquisition by stalwarts in developing and developed economies, which has favorably affected the growth of the global smart locks market. The Assa Abloy Group, one of the leading global lock manufacturer based in Sweden, has completed the acquisition of August Home, a U.S.-based smart lock maker in December 2017. This will help August consolidate its presence beyond North America, while, Assa Abloy will be able to bolster its technologies in smart home connectivity. Such collaborations bode well for consumers of smart locks. 

Meanwhile, Asia Pacific is projected to rise at a prominent pace and will offer lucrative prospects for manufacturers of smart locks in the forthcoming years. A rapid pace of urbanization in several emerging economies and the substantial rise in disposable incomes are crucial factors expected to accentuate the demand for smart locks. Furthermore, infrastructural projects in countries such as India and China and sustained focus on developing smart cities are notable factors providing a robust fillip to the uptake of smart locks over the assessment period. 

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