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3D and 4D Technology Market with COVID-19 Impact Analysis by Solution Type (3D Output Devices, 3D and 4D Input Devices), End-use Application (3D and 4...

by Solution Type (3D Output Devices, 3D and 4D Input Devices), End-use Application (3D and 4D Gaming), Vertical (Entertainment, Consumer Electronics), Geography

Publisher:        MarketsandMarkets

# of Pages:        265

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Publication Date:  December, 2020

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TABLE OF CONTENTS

 

1              INTRODUCTION                34

1.1          STUDY OBJECTIVES          34

1.2          MARKET DEFINITION AND SCOPE             34

1.2.1      INCLUSIONS AND EXCLUSIONS  35

1.3          SCOPE   36

FIGURE 1             3D AND 4D TECHNOLOGY MARKET SEGMENTATION        36

1.3.1      YEARS CONSIDERED        36

1.4          CURRENCY          37

1.5          MARKET STAKEHOLDERS              37

1.6          SUMMARY OF CHANGES              38

2              RESEARCH METHODOLOGY         39

2.1          RESEARCH DATA               39

FIGURE 2             3D AND 4D TECHNOLOGY MARKET: RESEARCH DESIGN   39

2.1.1      SECONDARY DATA           40

2.1.1.1   List of key secondary sources     40

2.1.1.2   Secondary sources          41

2.1.2      PRIMARY DATA 41

2.1.2.1   Primary sources                42

2.1.2.2   Key industry insights      43

2.1.2.3   Breakdown of primaries               43

2.2          FACTOR ANALYSIS           44

FIGURE 3             MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1–TOP-DOWN (SUPPLY SIDE)—REVENUE GENERATED BY COMPANIES FROM THE SALES OF 3D AND 4D DEVICES AND SOLUTIONS 44

FIGURE 4             MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1–TOP-DOWN (SUPPLY SIDE)—ILLUSTRATION OF REVENUE ESTIMATIONS FOR ONE COMPANY IN THE 3D AND 4D TECHNOLOGY MARKET 45

FIGURE 5             MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2—BOTTOM-UP (DEMAND SIDE): DEMAND FOR 3D SCANNERS          46

2.3          MARKET SIZE ESTIMATION          47

2.3.1      BOTTOM-UP APPROACH              47

2.3.1.1   Approach for capturing market share using bottom-up analysis (demand side)   47

FIGURE 6             MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    47

2.3.2      TOP-DOWN APPROACH                48

2.3.2.1   Approach for capturing market share using top-down analysis

(supply side)      48

FIGURE 7             MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH      48

2.4          MARKET BREAKDOWN AND DATA TRIANGULATION        49

FIGURE 8             DATA TRIANGULATION 49

2.5          RESEARCH ASSUMPTIONS AND LIMITATIONS     50

2.5.1      ASSUMPTIONS 50

2.5.2      LIMITATIONS     50

3              EXECUTIVE SUMMARY  51

3.1          IMPACT OF COVID-19 ON THE 3D AND 4D TECHNOLOGY MARKET              52

FIGURE 9             GLOBAL PROPAGATION OF COVID-19    52

TABLE 1                RECOVERY SCENARIOS OF THE GLOBAL ECONOMY           53

3.2          REALISTIC SCENARIO      53

3.3          OPTIMISTIC SCENARIO  54

3.4          PESSIMISTIC SCENARIO 54

FIGURE 10           GROWTH PROJECTIONS OF 3D AND 4D TECHNOLOGY MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS         54

FIGURE 11           3D AND 4D TECHNOLOGY MARKET: PRE- AND POST-COVID-19 SCENARIO              55

FIGURE 12           END-USE APPLICATIONS TO HOLD LARGEST MARKET SHARE IN 2019        55

FIGURE 13           3D NAVIGATION APPLICATIONS TO WITNESS HIGHEST GROWTH FROM

2020 TO 2025      56

FIGURE 14           MILITARY AND DEFENSE SEGMENT TO EXHIBIT HIGHEST CAGR IN 3D AND

4D TECHNOLOGY MARKET FROM 2020 TO 2025  56

FIGURE 15           NORTH AMERICA LIKELY TO ACCOUNT FOR LARGEST SHARE OF THE 3D AND 4D TECHNOLOGY MARKET IN 2025       57

4              PREMIUM INSIGHTS       58

4.1          ATTRACTIVE GROWTH OPPORTUNITIES IN THE 3D AND 4D TECHNOLOGY MARKET            58

FIGURE 16           RISING DEMAND FOR HIGH-TECH CONSUMER ELECTRONIC DEVICES AND INCREASING DEMAND FOR RAPID PROTOTYPING SOLUTIONS TO FUEL DEMAND FOR 3D AND 4D SOLUTIONS IN THE COMING YEARS            58

4.2          3D AND 4D TECHNOLOGY MARKET, BY 3D AND 4D INPUT DEVICE               59

FIGURE 17           3D AND 4D CAMERAS TO CAPTURE THE LARGEST SHARE OF THE GLOBAL

3D AND 4D INPUT DEVICES MARKET IN 2025        59

4.3          3D AND 4D TECHNOLOGY MARKET, BY 3D OUTPUT DEVICES         59

FIGURE 18           3D TELEVISIONS TO CAPTURE LARGEST SHARE OF THE GLOBAL 3D OUTPUT DEVICES MARKET IN 2025      59

4.4          3D AND 4D TECHNOLOGY MARKET, BY 3D AND 4D IMAGING SOLUTION 60

FIGURE 19           3D AND 4D RENDERING SEGMENT TO CAPTURE THE LARGEST SHARE OF THE GLOBAL 3D AND 4D IMAGING SOLUTIONS MARKET IN 2025      60

4.5          3D AND 4D TECHNOLOGY MARKET, BY REGION  60

FIGURE 20           NORTH AMERICA TO CAPTURE THE LARGEST SHARE OF THE GLOBAL 3D AND 4D TECHNOLOGY MARKET IN 2025       60

4.6          3D AND 4D TECHNOLOGY MARKET, BY END-USE APPLICATION AND VERTICAL     61

FIGURE 21           3D AND 4D GAMING AND ENTERTAINMENT SEGMENTS TO ACCOUNT FOR THE LARGEST SHARE OF THE 3D AND 4D TECHNOLOGY MARKET IN 2025 61



5              MARKET OVERVIEW       62

5.1          INTRODUCTION                62

5.2          MARKET DYNAMICS       62

FIGURE 22           3D AND 4D TECHNOLOGY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 62

5.2.1      DRIVERS               63

5.2.1.1   Rising demand for 3D and 4D technology in entertainment industry         63

FIGURE 23           DIGITAL 3D SCREENS IN APAC FROM 2015 TO 2019           63

5.2.1.2   Intensifying demand for 3D technology-based devices in consumer electronics  64

FIGURE 24           SMARTPHONE SHIPMENT (MILLION UNITS) FROM 2009 TO 2023               64

5.2.1.3   Growing trend of 3D and 4D gaming        65

FIGURE 25           TOP 10 GAMES PLAYED ON PS4 ALONG WITH NUMBER OF PS4 USERS     65

FIGURE 26           3D AND 4D TECHNOLOGY MARKET: DRIVERS AND THEIR IMPACT               66

5.2.2      RESTRAINTS       66

5.2.2.1   High maintenance costs of 3D and 4D imaging devices    66

FIGURE 27           3D AND 4D TECHNOLOGY MARKET: RESTRAINTS AND THEIR IMPACT       67

5.2.3      OPPORTUNITIES               67

5.2.3.1   Military and defense sector to create lucrative opportunities      67

5.2.3.2   Advancements in 4D technology and increasing research initiatives in developing 4D printing for commercial use                67

FIGURE 28           3D AND 4D TECHNOLOGY MARKET: OPPORTUNITIES AND THEIR IMPACT               68

5.2.4      CHALLENGES      68

5.2.4.1   Lack of standard 3D file formats                68

5.2.4.2   High power consumption requirements for 3D image processing               68

FIGURE 29           3D AND 4D TECHNOLOGY MARKET: CHALLENGES AND THEIR IMPACT      69

5.3          SUPPLY CHAIN ANALYSIS              69

FIGURE 30           3D AND 4D TECHNOLOGY SUPPLY CHAIN              70

5.4          TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS        71

5.4.1      REVENUE SHIFT AND NEW REVENUE POCKETS FOR 3D AND 4D TECHNOLOGY MARKET    71

FIGURE 31           REVENUE SHIFT IN 3D AND 4D TECHNOLOGY MARKET    71

5.5          3D AND 4D TECHNOLOGY ECOSYSTEM    72

FIGURE 32           3D AND 4D TECHNOLOGY ECOSYSTEM    72

TABLE 2                LIST OF ODMS, SUPPLIERS, AND DISTRIBUTORS OF 3D AND 4D SOLUTIONS           72

5.6          PORTER’S FIVE FORCES MODEL  73

TABLE 3                3D AND 4D TECHNOLOGY MARKET: PORTER’S FIVE FORCES ANALYSIS     73

5.7          CASE STUDY       74

5.7.1      JOINT EFFORTS BY LOCKHEED MARTIN CORPORATION (US), PHOENIX ANALYSIS & DESIGN TECHNOLOGIES (PADT) (US), AND STRATASYS LTD. (ISRAEL) FOR NASA'S ORION CAPSULE TO BE 3D PRINTED       74

5.7.2      US-BASED ENGINEERING & MANUFACTURING SERVICES, INC. (EMS)

3D SCANS A COMPLETE CH-47 HELICOPTER          74

5.7.3      UK-BASED SAVILLS SHOWS PROPERTIES EFFICIENTLY AND REMOTELY USING MATTERPORT SOLUTIONS 74

5.7.4      DASSAULT SYSTÈMES’ 3DEXPERIENCE PLATFORM TO DESIGN CHINA RAILWAY DESIGN CORPORATION PROJECTS                75

5.8          TECHNOLOGY ANALYSIS               75

5.8.1      KEY TECHNOLOGIES        75

5.8.1.1   Structured light 3D scanning technology                75

5.8.1.2   Laser triangulation technology   75

5.8.1.3   CMOS technology            75

5.8.1.4   Stereoscopy or stereo imaging technology           76

5.8.2      ADJACENT TECHNOLOGIES          76

5.8.2.1   Artificial intelligence (AI)               76

5.8.2.2   Internet of Things (IoT) 76

5.8.2.3   Blockchain           76

5.9          AVERAGE SELLING PRICE ANALYSIS         77

TABLE 4                AVERAGE SELLING PRICE OF 3D INPUT DEVICES 77

TABLE 5                AVERAGE SELLING PRICE OF 3D SCANNERS, BY VERTICAL              77

5.10        TRADE ANALYSIS              78

5.10.1    IMPORT SCENARIO         78

TABLE 6                IMPORT DATA, BY COUNTRY, 2015–2019 (USD BILLION) 78

5.10.2    EXPORT SCENARIO          79

TABLE 7                EXPORT DATA, BY COUNTRY, 2015–2019 (USD BILLION)  79

5.11        PATENT ANALYSIS, 2015–2020    80

5.12        TARIFFS AND REGULATIONS RELATED TO 3D AND 4D DEVICES AND SOLUTIONS  82

5.12.1    TARIFFS                82

5.12.2    REGULATORY COMPLIANCE        83

5.12.2.1                General Data Protection Regulation        83

5.12.2.2                Health Insurance Portability and Accountability Act of 1996          83

5.12.2.3                Federal Communications Commission (FCC) Certification              83

5.12.3    STANDARDS       83

6              TRANSITION FROM 3D TO 4D TECHNOLOGY         85

6.1          INTRODUCTION                85

6.2          DIFFERENCE BETWEEN 3D AND 4D TECHNOLOGIES           85

TABLE 8                DIFFERENCE: 3D AND 4D TECHNOLOGIES              85

6.3          VARIOUS DEPLOYMENT MODE IN 3D IMAGING 86

6.3.1      ON-PREMISES   86

6.3.2      CLOUD  86

6.4          3D SENSOR CONNECTIVITY          86

6.4.1      WIRED NETWORK CONNECTIVITY             86

6.4.2      TYPES OF WIRED NETWORKS      87

6.4.2.1   KNX       87

6.4.2.2   LONWORKS        87

6.4.3      WIRELESS NETWORK CONNECTIVITY       87

6.5          SCANNING TECHNIQUES USED IN 3D SCANNERS               87

7              3D AND 4D TECHNOLOGY MARKET, BY SOLUTION TYPE  88

7.1          INTRODUCTION                89

FIGURE 33           3D AND 4D IMAGING SOLUTION SEGMENT TO GROW AT HIGHEST CAGR FROM 2020–2025          89

TABLE 9                3D AND 4D TECHNOLOGY MARKET, BY SOLUTION TYPE,

2017–2019 (USD MILLION)           90

TABLE 10              3D AND 4D TECHNOLOGY MARKET, BY SOLUTION TYPE,

2020–2025 (USD MILLION)           90

7.2          3D AND 4D INPUT DEVICES, BY PRODUCT              91

TABLE 11              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D INPUT DEVICES,

BY PRODUCT, 2017–2019 (USD MILLION)               91

TABLE 12              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D INPUT DEVICES,

BY PRODUCT, 2020–2025 (USD MILLION)               91

TABLE 13              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D INPUT DEVICES,

BY PRODUCT, 2017–2019 (MILLION UNITS)           92

TABLE 14              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D INPUT DEVICES,

BY PRODUCT, 2020–2025 (MILLION UNITS)           92

7.2.1      IMPACT OF COVID-19 ON 3D AND 4D INPUT DEVICES, BY PRODUCT         92

FIGURE 34           IMPACT OF COVID-19 ON THE 3D AND 4D TECHNOLOGY MARKET FOR

3D AND 4D CAMERAS     92

TABLE 15              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D INPUT DEVICES,

BY VERTICAL, 2017–2019 (USD MILLION)               93

TABLE 16              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D INPUT DEVICES,

BY VERTICAL, 2020–2025 (USD MILLION)               93

TABLE 17              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D INPUT DEVICES,

BY REGION, 2017–2019 (USD MILLION)  94

TABLE 18              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D INPUT DEVICES,

BY REGION, 2020–2025 (USD MILLION)  94

7.2.2      3D AND 4D SCANNERS   94

7.2.2.1   Rising deployment of 3D and 4D scanners in ultrasound imaging systems to boost market growth             94

FIGURE 35           HEALTHCARE SEGMENT TO GROW AT HIGHEST CAGR FROM 2020–2025 95

TABLE 19              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D SCANNERS, BY VERTICAL, 2017–2019 (USD MILLION)                95

TABLE 20              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D SCANNERS, BY VERTICAL, 2020–2025 (USD MILLION)                96

TABLE 21              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D SCANNERS, BY REGION, 2017–2019 (USD MILLION)   96

TABLE 22              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D SCANNERS, BY REGION, 2020–2025 (USD MILLION)   97

7.2.3      3D AND 4D CAMERAS     98

7.2.3.1   3D and 4D cameras held the largest share of the 3D and

4D technology market   98

TABLE 23              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D CAMERAS, BY VERTICAL, 2017–2019 (USD MILLION)  98

TABLE 24              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D CAMERAS, BY VERTICAL, 2020–2025 (USD MILLION)  99

TABLE 25              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D CAMERAS, BY REGION, 2017–2019 (USD MILLION)     99

TABLE 26              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D CAMERAS, BY REGION, 2020–2025 (USD MILLION)     99

7.2.4      3D AND 4D SENSORS      100

7.2.4.1   Constant R&D efforts in this segment to drive market growth     100

TABLE 27              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D SENSORS, BY VERTICAL, 2017–2019 (USD MILLION)    100

TABLE 28              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D SENSORS, BY VERTICAL, 2020–2025 (USD MILLION)    101

FIGURE 36           NORTH AMERICA TO HOLD THE LARGEST SHARE OF THE 3D AND 4D SENSOR MARKET FROM 2020–2025  102

TABLE 29              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D SENSORS, BY REGION, 2017–2019 (USD MILLION)       102

TABLE 30              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D SENSORS, BY REGION, 2020–2025 (USD MILLION)       102

7.3          3D AND 4D IMAGING SOLUTIONS, BY APPLICATION        103

TABLE 31              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D IMAGING SOLUTIONS,

BY APPLICATION, 2017–2019 (USD MILLION)       103

TABLE 32              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D IMAGING SOLUTIONS,

BY APPLICATION, 2020–2025 (USD MILLION)       104

TABLE 33              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D IMAGING SOLUTIONS,

BY VERTICAL, 2017–2019 (USD MILLION)               104

TABLE 34              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D IMAGING SOLUTIONS,

BY VERTICAL, 2020–2025 (USD MILLION)               105

TABLE 35              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D IMAGING SOLUTIONS,

BY REGION, 2017–2019 (USD MILLION)  105

TABLE 36              3D AND 4D TECHNOLOGY MARKET FOR 3D AND 4D IMAGING SOLUTIONS,

BY REGION, 2020–2025 (USD MILLION)  106

TABLE 37              3D AND 4D IMAGING SOLUTIONS MARKET FOR MILITARY AND DEFENSE,

BY REGION, 2017–2019 (USD MILLION)  106

TABLE 38              3D AND 4D IMAGING SOLUTIONS MARKET FOR MILITARY AND DEFENSE,

BY REGION, 2020–2025 (USD MILLION)  106

TABLE 39              3D AND 4D IMAGING SOLUTIONS MARKET FOR AUTOMOTIVE, BY REGION, 2017–2019 (USD MILLION)   107

TABLE 40              3D AND 4D IMAGING SOLUTIONS MARKET FOR AUTOMOTIVE, BY REGION, 2020–2025 (USD MILLION)   107

TABLE 41              3D AND 4D IMAGING SOLUTIONS MARKET FOR CONSTRUCTION, BY REGION, 2017–2019 (USD MILLION)                107

TABLE 42              3D AND 4D IMAGING SOLUTIONS MARKET FOR CONSTRUCTION, BY REGION, 2020–2025 (USD MILLION)                108

TABLE 43              3D AND 4D IMAGING SOLUTIONS MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2017–2019 (USD MILLION)             108

TABLE 44              3D AND 4D IMAGING SOLUTIONS MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2020–2025 (USD MILLION)             108

TABLE 45              3D AND 4D IMAGING SOLUTIONS MARKET FOR INDUSTRIAL VERTICAL,

BY REGION, 2017–2019 (USD MILLION)  109

TABLE 46              3D AND 4D IMAGING SOLUTIONS MARKET FOR INDUSTRIAL VERTICAL,

BY REGION, 2020–2025 (USD MILLION)  109

TABLE 47              3D AND 4D IMAGING SOLUTIONS MARKET FOR ENTERTAINMENT, BY REGION, 2017–2019 (USD MILLION)                109

TABLE 48              3D AND 4D IMAGING SOLUTIONS MARKET FOR ENTERTAINMENT, BY REGION, 2020–2025 (USD MILLION)                110

TABLE 49              3D AND 4D IMAGING SOLUTIONS MARKET FOR HEALTHCARE, BY REGION, 2017–2019 (USD MILLION)     110

TABLE 50              3D AND 4D IMAGING SOLUTIONS MARKET FOR HEALTHCARE, BY REGION, 2020–2025 (USD MILLION)     110

TABLE 51              3D AND 4D IMAGING SOLUTIONS MARKET FOR OTHERS, BY REGION,

2017–2019 (USD MILLION)           111

TABLE 52              3D AND 4D IMAGING SOLUTIONS MARKET FOR OTHERS, BY REGION,

2020–2025 (USD MILLION)           111

7.3.1      3D AND 4D MODELING  111

7.3.1.1   Surging demand for 3D and 4D content to fuel market demand for

3D and 4D modeling        111

7.3.2      3D AND 4D SCANNING  112

7.3.2.1   Demand for 3D and 4D scanning is increasing in the manufacturing and healthcare sectors            112

7.3.3      3D AND 4D RENDERING 112

7.3.3.1   Global entertainment industry is focusing on incorporating special effects in a cost-efficient manner       112

7.3.4      3D AND 4D IMAGE RECONSTRUCTION    112

7.3.4.1   Demand for 3D and 4D image reconstruction expected to grow substantially in the healthcare sector      112

7.4          3D OUTPUT DEVICES, BY PRODUCT          113

FIGURE 37           3D SMARTPHONE SEGMENT TO WITNESS HIGHEST GROWTH IN 3D OUTPUT DEVICES MARKET FROM 2020 AND 2025            113

TABLE 53              3D AND 4D TECHNOLOGY MARKET FOR 3D OUTPUT DEVICES, BY PRODUCT, 2017–2019 (USD MILLION)   113

TABLE 54              3D AND 4D TECHNOLOGY MARKET FOR 3D OUTPUT DEVICES, BY PRODUCT, 2020–2025 (USD MILLION)   114

TABLE 55              3D AND 4D TECHNOLOGY MARKET FOR 3D OUTPUT DEVICES, BY VERTICAL, 2017–2019 (USD MILLION)    114

TABLE 56              3D AND 4D TECHNOLOGY MARKET FOR 3D OUTPUT DEVICES, BY VERTICAL, 2020–2025 (USD MILLION)    115

TABLE 57              3D AND 4D TECHNOLOGY MARKET FOR 3D OUTPUT DEVICES, BY REGION, 2017–2019 (USD MILLION)       115

TABLE 58              3D AND 4D TECHNOLOGY MARKET FOR 3D OUTPUT DEVICES, BY REGION, 2020–2025 (USD MILLION)       115

7.4.1      3D DISPLAYS       116

TABLE 59              3D AND 4D TECHNOLOGY MARKET FOR 3D DISPLAYS, BY VERTICAL,

2017–2019 (USD MILLION)           116

TABLE 60              3D AND 4D TECHNOLOGY MARKET FOR 3D DISPLAYS, BY VERTICAL,

2020–2025 (USD MILLION)           116

TABLE 61              3D AND 4D TECHNOLOGY MARKET FOR 3D DISPLAYS, BY TYPE,

2017–2019 (USD MILLION)           117

TABLE 62              3D AND 4D TECHNOLOGY MARKET FOR 3D DISPLAYS, BY TYPE,

2020–2025 (USD MILLION)           117

TABLE 63              3D AND 4D TECHNOLOGY MARKET FOR 3D DISPLAYS, BY REGION,

2017–2019 (USD MILLION)           117

TABLE 64              3D AND 4D TECHNOLOGY MARKET FOR 3D DISPLAYS, BY REGION,

2020–2025 (USD MILLION)           118

7.4.1.1   3D head-mounted displays          118

7.4.1.1.1               3D HMD can enhance virtual environments and replicate real-world objects into a virtual environment  118

TABLE 65              3D AND 4D TECHNOLOGY MARKET FOR 3D HEAD-MOUNTED DISPLAYS,

BY VERTICAL, 2017–2019 (USD MILLION)               118

TABLE 66              3D AND 4D TECHNOLOGY MARKET FOR 3D HEAD-MOUNTED DISPLAYS,

BY VERTICAL, 2020–2025 (USD MILLION)               119

TABLE 67              3D AND 4D TECHNOLOGY MARKET FOR 3D HEAD-MOUNTED DISPLAYS,

BY REGION, 2017–2019 (USD MILLION)  119

TABLE 68              3D AND 4D TECHNOLOGY MARKET FOR 3D HEAD-MOUNTED DISPLAYS,

BY REGION, 2020–2025 (USD MILLION)  120

7.4.1.2   3D digital signage displays            120

7.4.1.2.1               Attracting viewers is the major purpose of using digital signage displays 120

TABLE 69              3D AND 4D TECHNOLOGY MARKET FOR 3D DIGITAL SIGNAGE DISPLAYS,

BY VERTICAL, 2017–2019 (USD MILLION)               121

TABLE 70              3D AND 4D TECHNOLOGY MARKET FOR 3D DIGITAL SIGNAGE DISPLAYS,

BY VERTICAL, 2020–2025 (USD MILLION)               121

TABLE 71              3D AND 4D TECHNOLOGY MARKET FOR 3D DIGITAL SIGNAGE DISPLAYS,

BY REGION, 2017–2019 (USD MILLION)  122

TABLE 72              3D AND 4D TECHNOLOGY MARKET FOR 3D DIGITAL SIGNAGE DISPLAYS,

BY REGION, 2020–2025 (USD MILLION)  122

7.4.2      3D SMARTPHONES          122

7.4.2.1   3D smartphones segment expected to grow significantly during the forecast period        122

TABLE 73              3D AND 4D TECHNOLOGY MARKET FOR 3D SMARTPHONES, BY REGION, 2017–2019 (USD MILLION)          123

TABLE 74              3D AND 4D TECHNOLOGY MARKET FOR 3D SMARTPHONES, BY REGION, 2020–2025 (USD MILLION)          123

7.4.3      3D TELEVISIONS                123

7.4.3.1   3D TV offers real-time immersive 3D experience               123

TABLE 75              3D AND 4D TECHNOLOGY MARKET FOR 3D TELEVISIONS, BY REGION,

2017–2019 (USD MILLION)           124

TABLE 76              3D AND 4D TECHNOLOGY MARKET FOR 3D TELEVISIONS, BY REGION,

2020–2025 (USD MILLION)           124

7.4.4      3D PROJECTORS                124

7.4.4.1   Entertainment sector to drive demand for 3D projectors               124

TABLE 77              3D AND 4D TECHNOLOGY MARKET FOR 3D PROJECTORS, BY VERTICAL, 2017–2019 (USD MILLION)             125

TABLE 78              3D AND 4D TECHNOLOGY MARKET FOR 3D PROJECTORS, BY VERTICAL, 2020–2025 (USD MILLION)             125

TABLE 79              3D AND 4D TECHNOLOGY MARKET FOR 3D PROJECTORS, BY REGION,

2017–2019 (USD MILLION)           125

TABLE 80              3D AND 4D TECHNOLOGY MARKET FOR 3D PROJECTORS, BY REGION,

2020–2025 (USD MILLION)           126

7.4.5      3D PRINTERS      126

7.4.5.1   Demand for 3D printers is increasing in the military and defense, construction, automotive, healthcare, and industrial sectors              126

TABLE 81              3D AND 4D TECHNOLOGY MARKET FOR 3D PRINTERS, BY VERTICAL,

2017–2019 (USD MILLION)           127

TABLE 82              3D AND 4D TECHNOLOGY MARKET FOR 3D PRINTERS, BY VERTICAL,

2020–2025 (USD MILLION)           127

FIGURE 38           NORTH AMERICA TO DOMINATE THE 3D PRINTER MARKET DURING

FORECAST PERIOD           128

TABLE 83              3D AND 4D TECHNOLOGY MARKET FOR 3D PRINTERS, BY REGION,

2017–2019 (USD MILLION)           128

TABLE 84              3D AND 4D TECHNOLOGY MARKET FOR 3D PRINTERS, BY REGION,

2020–2025 (USD MILLION)           129

8              3D AND 4D TECHNOLOGY MARKET, BY END-USE APPLICATION   130

8.1          INTRODUCTION                131

FIGURE 39           3D AND 4D TECHNOLOGY MARKET, BY END-USE APPLICATION   131

FIGURE 40           3D NAVIGATION IS EXPECTED TO WITNESS HIGH GROWTH IN THE FORECAST PERIOD      131

TABLE 85              3D AND 4D TECHNOLOGY MARKET, BY END-USE APPLICATION,

2017–2019 (USD MILLION)           132

TABLE 86              3D AND 4D TECHNOLOGY MARKET, BY END-USE APPLICATION,

2020–2025 (USD MILLION)           132

TABLE 87              3D AND 4D TECHNOLOGY MARKET FOR END-USE APPLICATION, BY VERTICAL, 2017–2019 (USD MILLION)                133

TABLE 88              3D AND 4D TECHNOLOGY MARKET FOR END-USE APPLICATION, BY VERTICAL, 2020–2025 (USD MILLION)                133

TABLE 89              3D AND 4D TECHNOLOGY MARKET FOR END-USE APPLICATION, BY REGION, 2017–2019 (USD MILLION) 134

TABLE 90              3D AND 4D TECHNOLOGY MARKET FOR END-USE APPLICATION, BY REGION, 2020–2025 (USD MILLION) 134

8.2          3D AND 4D GAMING      134

8.2.1      INCREASED EMPHASIS ON ENHANCED USER EXPERIENCE TO SUPPORT MARKET GROWTH            134

FIGURE 41           NORTH AMERICA DOMINATES THE 3D AND 4D GAMING MARKET             135

TABLE 91              3D AND 4D GAMING MARKET, BY REGION, 2017–2019 (USD MILLION)    135

TABLE 92              3D AND 4D GAMING MARKET, BY REGION, 2020–2025 (USD MILLION)    135

8.2.2      IMPACT OF COVID-19 ON 3D AND 4D GAMING  136

FIGURE 42           IMPACT OF COVID-19 ON THE 3D AND 4D TECHNOLOGY MARKET FOR

3D AND 4D GAMING APPLICATION          136

8.3          3D AND 4D CINEMA        136

8.3.1      3D AND 4D CINEMA ARE GAINING TRACTION AS THEY OFFER A REAL-TIME VIEWING EXPERIENCE             136

TABLE 93              3D AND 4D CINEMA MARKET, BY REGION, 2017–2019 (USD MILLION)      137

TABLE 94              3D AND 4D CINEMA MARKET, BY REGION, 2020–2025 (USD MILLION)      137

8.4          3D NAVIGATION              138

8.4.1      RISING DEMAND FOR 3D NAVIGATION SYSTEMS FROM THE AUTOMOTIVE SECTOR TO DRIVE MARKET GROWTH                138

TABLE 95              3D NAVIGATION MARKET, BY VERTICAL, 2017–2019 (USD MILLION)         138

TABLE 96              3D NAVIGATION MARKET, BY VERTICAL, 2020–2025 (USD MILLION)         138

TABLE 97              3D NAVIGATION MARKET, BY REGION, 2017–2019 (USD MILLION)            139

TABLE 98              3D NAVIGATION MARKET, BY REGION, 2020–2025 (USD MILLION)            139

8.5          3D LAYOUT AND ANIMATION     139

8.5.1      3D LAYOUT AND ANIMATION IS WIDELY ADOPTED IN

ENTERTAINMENT SECTOR            139

TABLE 99              3D LAYOUT AND ANIMATION MARKET, BY REGION,

2017–2019 (USD MILLION)           140

TABLE 100            3D LAYOUT AND ANIMATION MARKET, BY REGION,

2020–2025 (USD MILLION)           140

8.6          3D AND 4D MOTION CAPTURE   140

8.6.1      3D AND 4D MOTION CAPTURE SYSTEMS ARE USED TO RECORD REAL-TIME MOTION OF OBJECTS               140

TABLE 101            3D AND 4D MOTION CAPTURE MARKET, BY REGION,

2017–2019 (USD MILLION)           141

TABLE 102            3D AND 4D MOTION CAPTURE MARKET, BY REGION,

2020–2025 (USD MILLION)           141

8.7          3D MACHINE VISION      141

8.7.1      GROWING APPLICATIONS OF 3D MACHINE VISION SYSTEMS IN DIFFERENT SECTORS IS DRIVING MARKET GROWTH                141

FIGURE 43           AUTOMOTIVE SEGMENT TO REGISTER HIGH GROWTH FROM 2020 TO 2025          142

TABLE 103            3D MACHINE VISION MARKET, BY VERTICAL, 2017–2019 (USD MILLION) 142

TABLE 104            3D MACHINE VISION MARKET, BY VERTICAL, 2020–2025 (USD MILLION) 143

TABLE 105            3D MACHINE VISION MARKET, BY REGION, 2017–2019 (USD MILLION)    143

TABLE 106            3D MACHINE VISION MARKET, BY REGION, 2020–2025 (USD MILLION)    144

8.8          3D AND 4D METROLOGY               144

8.8.1      3D AND 4D METROLOGY IS ESSENTIAL TO ENSURING THE ACCURACY OF MANUFACTURED COMPONENTS            144

TABLE 107            3D AND 4D METROLOGY MARKET, BY VERTICAL, 2017–2019 (USD MILLION)          144

TABLE 108            3D AND 4D METROLOGY MARKET, BY VERTICAL, 2020–2025 (USD MILLION)          145

TABLE 109            3D AND 4D METROLOGY MARKET, BY REGION, 2017–2019 (USD MILLION)             145

TABLE 110            3D AND 4D METROLOGY MARKET, BY REGION, 2020–2025 (USD MILLION)             145

8.9          3D AND 4D GESTURE RECOGNITION        146

8.9.1      TECHNOLOGICAL ADVANCEMENTS TO SUPPORT MARKET GROWTH        146

TABLE 111            3D AND 4D GESTURE RECOGNITION MARKET, BY VERTICAL,

2017–2019 (USD MILLION)           146

TABLE 112            3D AND 4D GESTURE RECOGNITION MARKET, BY VERTICAL,

2020–2025 (USD MILLION)           146

TABLE 113            3D AND 4D GESTURE RECOGNITION MARKET, BY REGION,

2017–2019 (USD MILLION)           147

TABLE 114            3D AND 4D GESTURE RECOGNITION MARKET, BY REGION,

2020–2025 (USD MILLION)           147

9              3D AND 4D TECHNOLOGY MARKET, BY VERTICAL               148

9.1          INTRODUCTION                149

FIGURE 44           3D AND 4D TECHNOLOGY MARKET, BY VERTICAL               149

FIGURE 45           ENTERTAINMENT SEGMENT TO HOLD THE LARGEST MARKET SHARE BETWEEN 2020 AND 2025    150

TABLE 115            3D AND 4D TECHNOLOGY MARKET, BY VERTICAL,

2017–2019 (USD MILLION)           150

TABLE 116            3D AND 4D TECHNOLOGY MARKET, BY VERTICAL,

2020–2025 (USD MILLION)           151

9.2          MILITARY AND DEFENSE               151

9.2.1      MILITARY AND DEFENSE SEGMENT TO REGISTER HIGHEST GROWTH IN FORECAST PERIOD            151

TABLE 117            3D AND 4D TECHNOLOGY MARKET FOR MILITARY AND DEFENSE,

BY 3D AND 4D INPUT DEVICES, 2017–2019 (USD MILLION)             152

TABLE 118            3D AND 4D TECHNOLOGY MARKET FOR MILITARY AND DEFENSE,

BY 3D AND 4D INPUT DEVICES, 2020–2025 (USD MILLION)             152

TABLE 119            3D AND 4D TECHNOLOGY MARKET FOR MILITARY AND DEFENSE,

BY 3D OUTPUT DEVICES, 2017–2019 (USD MILLION)         153

TABLE 120            3D AND 4D TECHNOLOGY MARKET FOR MILITARY AND DEFENSE,

BY 3D OUTPUT DEVICES, 2020–2025 (USD MILLION)         153

TABLE 121            3D AND 4D TECHNOLOGY MARKET FOR MILITARY AND DEFENSE,

BY 3D DISPLAY TYPE, 2017–2019 (USD MILLION) 153

TABLE 122            3D AND 4D TECHNOLOGY MARKET FOR MILITARY AND DEFENSE,

BY 3D DISPLAY TYPE, 2020–2025 (USD MILLION) 154

9.3          AUTOMOTIVE   154

9.3.1      3D AND 4D DEVICES OFFER ENHANCED USER EXPERIENCE AND SAFETY   154

TABLE 123            3D AND 4D TECHNOLOGY MARKET FOR AUTOMOTIVE, BY 3D AND 4D INPUT DEVICES, 2017–2019 (USD MILLION)             155

TABLE 124            3D AND 4D TECHNOLOGY MARKET FOR AUTOMOTIVE, BY 3D AND 4D INPUT DEVICES, 2020–2025 (USD MILLION)             155

FIGURE 46           3D PRINTERS TO ACCOUNT FOR A LARGER MARKET SHARE IN 2020           155

TABLE 125            3D AND 4D TECHNOLOGY MARKET FOR AUTOMOTIVE, BY 3D OUTPUT DEVICES, 2017–2019 (USD MILLION)                156

TABLE 126            3D AND 4D TECHNOLOGY MARKET FOR AUTOMOTIVE, BY 3D OUTPUT DEVICES, 2020–2025 (USD MILLION)                156

TABLE 127            3D AND 4D TECHNOLOGY MARKET FOR AUTOMOTIVE, BY 3D DISPLAY TYPE, 2017–2019 (USD MILLION)  156

TABLE 128            3D AND 4D TECHNOLOGY MARKET FOR AUTOMOTIVE, BY 3D DISPLAY TYPE, 2020–2025 (USD MILLION)  157

9.4          CONSTRUCTION               157

9.4.1      3D TECHNOLOGIES REDUCE CONSTRUCTION TIME AND HAVE MINIMAL IMPACT ON ENVIRONMENT      157

TABLE 129            3D AND 4D TECHNOLOGY MARKET FOR CONSTRUCTION, BY 3D AND

4D INPUT DEVICES, 2017–2019 (USD MILLION)   158

TABLE 130            3D AND 4D TECHNOLOGY MARKET FOR CONSTRUCTION, BY 3D AND

4D INPUT DEVICES, 2020–2025 (USD MILLION)   158

TABLE 131            3D AND 4D TECHNOLOGY MARKET FOR CONSTRUCTION, BY 3D OUTPUT DEVICES, 2017–2019 (USD MILLION)             159

TABLE 132            3D AND 4D TECHNOLOGY MARKET FOR CONSTRUCTION, BY 3D OUTPUT DEVICES, 2020–2025 (USD MILLION)             159

TABLE 133            3D AND 4D TECHNOLOGY MARKET FOR CONSTRUCTION, BY 3D DISPLAY TYPE, 2017–2019 (USD MILLION)                159

TABLE 134            3D AND 4D TECHNOLOGY MARKET FOR CONSTRUCTION, BY 3D DISPLAY TYPE, 2020–2025 (USD MILLION)                159

9.5          CONSUMER ELECTRONICS           160

9.5.1      3D AND 4D TECHNOLOGY OFFER REAL-TIME 3D EXPERIENCE WITHIN CONSUMERS’ COMFORT ZONE        160

TABLE 135            3D AND 4D TECHNOLOGY MARKET FOR CONSUMER ELECTRONICS,

BY 3D AND 4D INPUT DEVICES, 2017–2019 (USD MILLION)             160

TABLE 136            3D AND 4D TECHNOLOGY MARKET FOR CONSUMER ELECTRONICS,

BY 3D AND 4D INPUT DEVICES, 2020–2025 (USD MILLION)             160

FIGURE 47           3D TELEVISIONS TO HOLD THE LARGEST MARKET SHARE OF THE CONSUMER ELECTRONICS SECTOR DURING THE FORECAST PERIOD  161

TABLE 137            3D AND 4D TECHNOLOGY MARKET FOR CONSUMER ELECTRONICS,

BY 3D OUTPUT DEVICES, 2017–2019 (USD MILLION)         161

TABLE 138            3D AND 4D TECHNOLOGY MARKET FOR CONSUMER ELECTRONICS,

BY 3D OUTPUT DEVICES, 2020–2025 (USD MILLION)         161

TABLE 139            3D AND 4D TECHNOLOGY MARKET FOR CONSUMER ELECTRONICS,

BY 3D DISPLAY TYPE, 2017–2019 (USD MILLION) 162

TABLE 140            3D AND 4D TECHNOLOGY MARKET FOR CONSUMER ELECTRONICS,

BY 3D DISPLAY TYPE, 2020–2025 (USD MILLION) 162

9.6          INDUSTRIAL       162

9.6.1      INCREASING DEMAND FOR RAPID PROTOTYPING IS FUELING MARKET GROWTH               162

TABLE 141            3D AND 4D TECHNOLOGY MARKET FOR INDUSTRIAL VERTICAL,

BY 3D AND 4D INPUT DEVICES, 2017–2019 (USD MILLION)             163

TABLE 142            3D AND 4D TECHNOLOGY MARKET FOR INDUSTRIAL VERTICAL,

BY 3D AND 4D INPUT DEVICES, 2020–2025 (USD MILLION)             163

TABLE 143            3D AND 4D TECHNOLOGY MARKET FOR INDUSTRIAL VERTICAL,

BY 3D OUTPUT DEVICES, 2017–2019 (USD MILLION)         163

TABLE 144            3D AND 4D TECHNOLOGY MARKET FOR INDUSTRIAL VERTICAL,

BY 3D OUTPUT DEVICES, 2020–2025 (USD MILLION)         164

TABLE 145            3D AND 4D TECHNOLOGY MARKET FOR INDUSTRIAL VERTICAL,

BY 3D DISPLAY TYPE, 2017–2019 (USD MILLION) 164

TABLE 146            3D AND 4D TECHNOLOGY MARKET FOR INDUSTRIAL VERTICAL,

BY 3D DISPLAY TYPE, 2020–2025 (USD MILLION) 164

9.7          ENTERTAINMENT             164

9.7.1      ENTERTAINMENT SEGMENT HELD THE LARGEST MARKET SHARE IN 2019                164

FIGURE 48           3D AND 4D CAMERAS WILL CONTINUE TO DOMINATE THE MARKET IN 2025         165

TABLE 147            3D AND 4D TECHNOLOGY MARKET FOR ENTERTAINMENT, BY 3D AND

 4D INPUT DEVICES, 2017–2019 (USD MILLION)  165

TABLE 148            3D AND 4D TECHNOLOGY MARKET FOR ENTERTAINMENT, BY 3D AND

4D INPUT DEVICES, 2020–2025 (USD MILLION)   166

9.7.2      IMPACT OF COVID-19 ON THE ENTERTAINMENT SECTOR               166

FIGURE 49           IMPACT OF COVID-19 ON THE 3D AND 4D TECHNOLOGY MARKET FOR THE ENTERTAINMENT SECTOR       166

TABLE 149            3D AND 4D TECHNOLOGY MARKET FOR ENTERTAINMENT, BY 3D OUTPUT DEVICES, 2017–2019 (USD MILLION)             167

TABLE 150            3D AND 4D TECHNOLOGY MARKET FOR ENTERTAINMENT, BY 3D OUTPUT DEVICES, 2020–2025 (USD MILLION)             167

TABLE 151            3D AND 4D TECHNOLOGY MARKET FOR ENTERTAINMENT, BY 3D DISPLAY TYPE, 2017–2019 (USD MILLION)                167

TABLE 152            3D AND 4D TECHNOLOGY MARKET FOR ENTERTAINMENT, BY 3D DISPLAY TYPE, 2020–2025 (USD MILLION)                168

9.8          HEALTHCARE      168

9.8.1      3D MEDICAL IMAGING IS THE FASTEST-GROWING SEGMENT IN THE HEALTHCARE SECTOR            168

TABLE 153            3D AND 4D TECHNOLOGY MARKET FOR HEALTHCARE, BY 3D AND 4D INPUT DEVICES, 2017–2019 (USD MILLION)             168

TABLE 154            3D AND 4D TECHNOLOGY MARKET FOR HEALTHCARE, BY 3D AND 4D INPUT DEVICES, 2020–2025 (USD MILLION)             169

TABLE 155            3D AND 4D TECHNOLOGY MARKET FOR HEALTHCARE, BY 3D OUTPUT DEVICES, 2017–2019 (USD MILLION)                169

TABLE 156            3D AND 4D TECHNOLOGY MARKET FOR HEALTHCARE, BY 3D OUTPUT DEVICES, 2020–2025 (USD MILLION)                169

TABLE 157            3D AND 4D TECHNOLOGY MARKET FOR HEALTHCARE, BY 3D DISPLAY TYPE, 2017–2019 (USD MILLION)     170

TABLE 158            3D AND 4D TECHNOLOGY MARKET FOR HEALTHCARE, BY 3D DISPLAY TYPE, 2020–2025 (USD MILLION)     170

9.9          OTHERS                170

TABLE 159            3D AND 4D TECHNOLOGY MARKET FOR OTHERS, BY 3D AND 4D INPUT DEVICES, 2017–2019 (USD MILLION)                171

TABLE 160            3D AND 4D TECHNOLOGY MARKET FOR OTHERS, BY 3D AND 4D INPUT DEVICES, 2020–2025 (USD MILLION)                171

TABLE 161            3D AND 4D TECHNOLOGY MARKET FOR OTHERS, BY 3D OUTPUT DEVICES, 2017–2019 (USD MILLION)       171

TABLE 162            3D AND 4D TECHNOLOGY MARKET FOR OTHERS, BY 3D OUTPUT DEVICES, 2020–2025 (USD MILLION)       171

TABLE 163            3D AND 4D TECHNOLOGY MARKET FOR OTHERS, BY 3D DISPLAY TYPE, 2017–2019 (USD MILLION)               172

TABLE 164            3D AND 4D TECHNOLOGY MARKET FOR OTHERS, BY 3D DISPLAY TYPE, 2020–2025 (USD MILLION)               172

10           3D AND 4D TECHNOLOGY MARKET, BY REGION  173

10.1        INTRODUCTION                174

FIGURE 50           3D AND 4D TECHNOLOGY MARKET, BY REGION  174

FIGURE 51           MARKET IN APAC TO REGISTER THE HIGHEST GROWTH FROM 2020 TO 2025         174

TABLE 165            3D AND 4D TECHNOLOGY MARKET, BY REGION, 2017–2019 (USD MILLION)           175

TABLE 166            3D AND 4D TECHNOLOGY MARKET, BY REGION, 2020–2025 (USD MILLION)           175



10.2        NORTH AMERICA             176

10.2.1    PRESENCE OF 3D AND 4D TECHNOLOGY SOLUTION PROVIDERS AND CONSUMERS ARE DRIVING MARKET GROWTH IN NORTH AMERICA       176

FIGURE 52           NORTH AMERICA: 3D AND 4D TECHNOLOGY MARKET SNAPSHOT              177

TABLE 167            NORTH AMERICA: 3D AND 4D TECHNOLOGY MARKET, BY 3D AND 4D INPUT DEVICES, 2017–2019 (USD MILLION)             177

TABLE 168            NORTH AMERICA: 3D AND 4D TECHNOLOGY MARKET, BY 3D AND 4D INPUT DEVICES, 2020–2025 (USD MILLION)             178

10.2.2    IMPACT OF COVID-19 IN NORTH AMERICA           178

FIGURE 53           IMPACT OF COVID-19 ON THE 3D AND 4D TECHNOLOGY MARKET IN NORTH AMERICA    178

TABLE 169            NORTH AMERICA: 3D AND 4D TECHNOLOGY MARKET, BY 3D OUTPUT DEVICES, 2017–2019 (USD MILLION)                179

TABLE 170            NORTH AMERICA: 3D AND 4D TECHNOLOGY MARKET, BY 3D OUTPUT DEVICES, 2020–2025 (USD MILLION)                179

TABLE 171            NORTH AMERICA: 3D AND 4D TECHNOLOGY MARKET, BY 3D DISPLAY TYPE, 2017–2019 (USD MILLION)    179

TABLE 172            NORTH AMERICA: 3D AND 4D TECHNOLOGY MARKET, BY 3D DISPLAY TYPE, 2020–2025 (USD MILLION)    180

10.3        EUROPE               180

10.3.1    RISING INVESTMENTS IN R&D TO PROPEL MARKET GROWTH      180

FIGURE 54           EUROPE: 3D AND 4D TECHNOLOGY MARKET SNAPSHOT                181

TABLE 173            EUROPE: 3D AND 4D TECHNOLOGY MARKET, BY 3D AND 4D INPUT DEVICES, 2017–2019 (USD MILLION)  181

TABLE 174            EUROPE: 3D AND 4D TECHNOLOGY MARKET, BY 3D AND 4D INPUT DEVICES, 2020–2025 (USD MILLION)  182

FIGURE 55           3D TELEVISIONS DOMINATE THE EUROPEAN 3D OUTPUT DEVICES MARKET          182

TABLE 175            EUROPE: 3D AND 4D TECHNOLOGY MARKET, BY 3D OUTPUT DEVICES,

2017–2019 (USD MILLION)           183

TABLE 176            EUROPE: 3D AND 4D TECHNOLOGY MARKET, BY 3D OUTPUT DEVICES,

2020–2025 (USD MILLION)           183

TABLE 177            EUROPE: 3D AND 4D TECHNOLOGY MARKET, BY 3D DISPLAY TYPE,

2017–2019 (USD MILLION)           183

TABLE 178            EUROPE: 3D AND 4D TECHNOLOGY MARKET, BY 3D DISPLAY TYPE,

2020–2025 (USD MILLION)           184

10.4        APAC     184

10.4.1    CONSUMER ELECTRONICS SEGMENT TO PROPEL 3D AND 4D TECHNOLOGY MARKET GROWTH IN APAC  184

FIGURE 56           APAC: 3D AND 4D TECHNOLOGY MARKET SNAPSHOT      185

TABLE 179            APAC: 3D AND 4D TECHNOLOGY MARKET, BY 3D AND 4D INPUT DEVICES, 2017–2019 (USD MILLION)       186

TABLE 180            APAC: 3D AND 4D TECHNOLOGY MARKET, BY 3D AND 4D INPUT DEVICES, 2020–2025 (USD MILLION)       186

TABLE 181            APAC: 3D AND 4D TECHNOLOGY MARKET, BY 3D OUTPUT DEVICES,

2017–2019 (USD MILLION)           186

TABLE 182            APAC: 3D AND 4D TECHNOLOGY MARKET, BY 3D OUTPUT DEVICES,

2020–2025 (USD MILLION)           187

TABLE 183            APAC: 3D AND 4D TECHNOLOGY MARKET, BY 3D DISPLAY TYPE,

2017–2019 (USD MILLION)           187

TABLE 184            APAC: 3D AND 4D TECHNOLOGY MARKET, BY 3D DISPLAY TYPE,

2020–2025 (USD MILLION)           187

10.5        ROW      188

TABLE 185            ROW: 3D AND 4D TECHNOLOGY MARKET, BY 3D AND 4D INPUT DEVICES, 2017–2019 (USD MILLION)        188

TABLE 186            ROW: 3D AND 4D TECHNOLOGY MARKET, BY 3D AND 4D INPUT DEVICES, 2020–2025 (USD MILLION)        189

TABLE 187            ROW: 3D AND 4D TECHNOLOGY MARKET, BY 3D OUTPUT DEVICES,

2017–2019 (USD MILLION)           189

TABLE 188            ROW: 3D AND 4D TECHNOLOGY MARKET, BY 3D OUTPUT DEVICES,

2020–2025 (USD MILLION)           189

TABLE 189            ROW: 3D AND 4D TECHNOLOGY MARKET, BY 3D DISPLAY TYPE,

2017–2019 (USD MILLION)           190

TABLE 190            ROW: 3D AND 4D TECHNOLOGY MARKET, BY 3D DISPLAY TYPE,

2020–2025 (USD MILLION)           190

11           COMPETITIVE LANDSCAPE           191

11.1        INTRODUCTION                191

11.2        KEY PLAYER STRATEGIES/RIGHT TO WIN                191

TABLE 191            OVERVIEW OF STRATEGIES DEPLOYED BY KEY 3D AND 4D ODMS                191

11.2.1    PRODUCT PORTFOLIO    192

11.2.2    REGIONAL FOCUS            192

11.2.3    MANUFACTURING FOOTPRINT 192

11.2.4    ORGANIC/INORGANIC GROWTH STRATEGIES     192

11.3        FIVE-YEAR COMPANY REVENUE ANALYSIS           192

FIGURE 57           FIVE-YEAR REVENUE ANALYSIS OF THE TOP FIVE PLAYERS IN THE 3D AND

4D TECHNOLOGY MARKET           192

11.4        MARKET SHARE ANALYSIS: 3D AND 4D TECHNOLOGY MARKET, 2019        193

TABLE 192            3D AND 4D TECHNOLOGY MARKET: MARKET SHARE ANALYSIS (2019)      193

11.5        MARKET EVALUATION QUADRANT          194

11.5.1    STARS   194

11.5.2    PERVASIVE         194

11.5.3    EMERGING LEADERS      195

11.5.4    PARTICIPANTS  195

FIGURE 58           3D AND 4D TECHNOLOGY MARKET EVALUATION QUADRANT, 2019          195

11.5.5    COMPANY FOOTPRINT  196

TABLE 193            COMPANY INDUSTRY FOOTPRINT            196

TABLE 194            COMPANY APPLICATION FOOTPRINT     197

TABLE 195            COMPANY REGION FOOTPRINT                199

11.6        START-UP/ SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX          200

TABLE 196            LIST OF START-UP COMPANIES IN THE 3D AND 4D TECHNOLOGY MARKET             200

11.6.1    PROGRESSIVE COMPANIES         201

11.6.2    RESPONSIVE COMPANIES            201

11.6.3    DYNAMIC COMPANIES  201

11.6.4    STARTING BLOCKS           201

FIGURE 59           3D AND 4D TECHNOLOGY MARKET, START-UP/SME EVALUATION MATRIX, 2019                202

11.7        COMPETITIVE SITUATIONS AND TRENDS               203

FIGURE 60           3D AND 4D TECHNOLOGY MARKET WITNESSED SIGNIFICANT GROWTH BETWEEN JANUARY 2018 AND NOVEMBER 2020              203

11.7.1    PRODUCT & SOLUTION LAUNCHES AND SOLUTION UPDATES      204

TABLE 197            PRODUCT & SOLUTION LAUNCHES AND SOLUTION UPDATES (JANUARY 2018–NOVEMBER 2020)               204

11.7.2    AGREEMENTS, CONTRACTS, AND COLLABORATIONS       205

TABLE 198            AGREEMENTS, CONTRACTS, AND COLLABORATIONS (JANUARY 2018–NOVEMBER 2020)                205

11.7.3    ACQUISITIONS  207

TABLE 199            ACQUISITIONS (JANUARY 2018 TO NOVEMBER 2020)      207

11.7.4    PARTNERSHIPS 208

TABLE 200            PARTNERSHIPS (JANUARY 2018 TO NOVEMBER 2020)     208

12           COMPANY PROFILES      210

12.1        KEY PLAYERS      210

(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*

12.1.1    SAMSUNG ELECTRONICS CO., LTD.          210

FIGURE 61           SAMSUNG ELECTRONICS CO., LTD.: COMPANY SNAPSHOT           210

12.1.2    GE HEALTHCARE               214

FIGURE 62           GE HEALTHCARE: COMPANY SNAPSHOT                214

12.1.3    HEXAGON AB    219

FIGURE 63           HEXAGON AB.: COMPANY SNAPSHOT    219

12.1.4    AUTODESK INC.                224

FIGURE 64           AUTODESK, INC.: COMPANY SNAPSHOT               224

12.1.5    SONY CORPORATION     228

FIGURE 65           SONY: COMPANY SNAPSHOT     228

12.1.6    DASSAULT SYSTÈMES     232

FIGURE 66           DASSAULT SYSTÈMES: COMPANY SNAPSHOT      232

12.1.7    STRATASYS LTD.                236

FIGURE 67           STRATASYS LTD.: COMPANY SNAPSHOT                236

12.1.8    FARO TECHNOLOGIES, INC.         239

FIGURE 68           FARO TECHNOLOGIES, INC.: COMPANY SNAPSHOT          239

12.1.9    3D SYSTEMS CORPORATION        246

FIGURE 69           3D SYSTEMS CORPORATION: COMPANY SNAPSHOT        246

12.1.10  VICON MOTION SYSTEMS LTD.  248

FIGURE 70           VICON MOTION CAPTURE SYSTEMS LTD.: COMPANY SNAPSHOT               248

*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.



12.2        OTHER PLAYERS                252

12.2.1    PANASONIC CORPORATION       252

12.2.2    PHILIPS GROUP                253

12.2.3    QUALISYS AB     254

12.2.4    BARCO  255

12.2.5    GOOGLE INC.     256

12.2.6    COGNEX CORPORATION               257

12.2.7    LG ELECTRONICS              258

12.2.8    BASLER AG          259

12.2.9    DREAMWORKS ANIMATION SKG, INC.   260

12.2.10  DOLBY LABORATORIES, INC.        261

12.3        STARTUP PLAYERS           262

12.3.1    NANSENSE INC.                262

12.3.2    QUIDIENT, LLC   263

12.3.3    ROKOKO ELECTRONICS  264

12.3.4    4D SENSOR INC.                264

12.3.5    VAYYAR                265

12.3.6    MATTERPORT, INC.         265

13           APPENDIX           266

13.1        DISCUSSION GUIDE        266

13.2        KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL   270

13.3        AVAILABLE CUSTOMIZATIONS   272

13.4        RELATED REPORTS           272

13.5        AUTHOR DETAILS             273

 



Telecom Power System Market by grid type (On-Grid, Off-Grid, Bad grid), component, power source, Technology, (AC power system, DC power system), Power...

Publisher:        MarketsandMarkets

# of Pages:        230

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Publication Date:  March, 2022

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1 INTRODUCTION 22
1.1 STUDY OBJECTIVES 22
1.2 MARKET DEFINITION 22
1.3 STUDY SCOPE 23
1.3.1 MARKET SEGMENTATION 23
FIGURE 1 TELECOM POWER SYSTEM MARKET SEGMENTATION 23
1.3.2 GEOGRAPHIC SCOPE 23
1.3.3 INCLUSIONS AND EXCLUSIONS 24
1.3.4 YEARS CONSIDERED 25
1.4 CURRENCY 25
1.5 STAKEHOLDERS 25
1.6 SUMMARY OF CHANGES 26
2 RESEARCH METHODOLOGY 27
2.1 RESEARCH DATA 27
FIGURE 2 TELECOM POWER SYSTEM MARKET: RESEARCH DESIGN 27
2.1.1 SECONDARY DATA 28
2.1.1.1 Secondary sources 28
2.1.2 PRIMARY DATA 29
2.1.2.1 Primary interviews with experts 29
2.1.2.2 Breakdown of primary interviews 29
2.1.2.3 Key data from primary sources 30
2.1.2.4 Key industry insights 30
2.2 MARKET SIZE ESTIMATION 31
FIGURE 3 TELECOM POWER SYSTEM MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION 31
2.2.1 TOP-DOWN APPROACH 31
2.2.1.1 Approach for capturing market size by top-down analysis
(supply side) 32
FIGURE 4 TOP-DOWN APPROACH: MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 SUPPLY SIDE 32
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 - SUPPLY SIDE 33
2.2.2 BOTTOM-UP APPROACH 34
2.2.2.1 Approach for capturing market share by bottom-up analysis
(demand side) 34
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 - DEMAND SIDE 34
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 35
FIGURE 7 DATA TRIANGULATION 35

2.4 RESEARCH ASSUMPTIONS 36
TABLE 1 ASSUMPTIONS FOR RESEARCH STUDY 36
2.5 LIMITATIONS 37
2.6 RISK FACTORS 37
3 EXECUTIVE SUMMARY 38
FIGURE 8 TELECOM POWER SYSTEM MARKET, 2018–2027 (USD BILLION) 39
3.1 TELECOM POWER SYSTEM MARKET SCENARIO 39
FIGURE 9 GROWTH PROJECTIONS FOR TELECOM POWER SYSTEM MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS 39
3.1.1 REALISTIC SCENARIO 40
3.1.2 PESSIMISTIC SCENARIO 40
3.1.3 OPTIMISTIC SCENARIO 40
FIGURE 10 BAD GRID SEGMENT TO HOLD LARGEST SHARE OF TELECOM POWER SYSTEM MARKET, BY GRID TYPE, DURING FORECAST PERIOD 40
FIGURE 11 INVERTERS TO REGISTER HIGHEST CAGR IN TELECOM POWER SYSTEM MARKET, BY COMPONENT, DURING FORECAST PERIOD 41
FIGURE 12 DIESEL-BATTERY SEGMENT HELD LARGEST SHARE, BY POWER SOURCE,
OF TELECOM POWER SYSTEM MARKET IN 2021 41
FIGURE 13 APAC TO EXHIBIT HIGHEST CAGR IN GLOBAL TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 42
4 PREMIUM INSIGHTS 43
4.1 ATTRACTIVE OPPORTUNITIES IN TELECOM POWER SYSTEM MARKET 43
FIGURE 14 INCREASING NUMBER OF TELECOM INFRASTRUCTURES IN REMOTE AREAS TO CREATE GROWTH OPPORTUNITIES FOR MARKET 43
4.2 TELECOM POWER SYSTEM MARKET, BY POWER SOURCE 44
FIGURE 15 DIESEL-SOLAR POWER SOURCE TO WITNESS HIGHEST CAGR IN TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 44
4.3 TELECOM POWER SYSTEM MARKET, BY GRID TYPE 44
FIGURE 16 BAD-GRID SEGMENT HELD LARGEST SHARE OF TELECOM POWER SYSTEM MARKET IN 2021 44
4.4 TELECOM POWER SYSTEM MARKET, BY COMPONENT 45
FIGURE 17 INVERTER COMPONENT SEGMENT TO EXPERIENCE HIGHEST CAGR IN TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 45
4.5 COUNTRY-WISE TELECOM POWER SYSTEM MARKET GROWTH 46
FIGURE 18 TELECOM POWER SYSTEM MARKET IN INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 46
5 MARKET OVERVIEW 47
5.1 INTRODUCTION 47
5.2 MARKET DYNAMICS 47
FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 47
5.2.1 DRIVERS 48
FIGURE 20 TELECOM POWER SYSTEM MARKET DRIVERS AND THEIR IMPACT 48
5.2.1.1 Increasing number of telecom infrastructures in remote areas 48
TABLE 2 4G TECHNOLOGY PENETRATION IN URBAN VS RURAL AREAS 49
5.2.1.2 Growing adoption of telecom services and high data traffic 49
FIGURE 21 MOBILE DATA TRAFFIC 2018–2022 49
TABLE 3 PENETRATION OF INDIVIDUALS USING INTERNET 50
5.2.1.3 Rising awareness about reducing carbon footprint from telecom power systems 50
5.2.2 RESTRAINTS 51
FIGURE 22 TELECOM POWER SYSTEM MARKET RESTRAINTS AND THEIR IMPACT 51
5.2.2.1 High deployment and operational costs 51
5.2.2.2 Environmental concerns due to usage of diesel 51
5.2.3 OPPORTUNITY 52
FIGURE 23 TELECOM POWER SYSTEM MARKET OPPORTUNITIES AND THEIR IMPACT 52
5.2.3.1 Growing adoption of hybrid power systems 52
5.2.3.2 Increasing technological advancements in cellular networks
(5G, LTE services, etc.) 53
TABLE 4 4G TECHNOLOGY PENETRATION 53
5.2.3.3 Surging requirements for advanced telecom infrastructure and
M2M connections 53
FIGURE 24 CELLULAR IOT CONNECTIONS, 2019 VS. 2025 54
5.2.3.4 Rising use of GaN-based power devices with evolution of 5G technology 54
5.2.4 CHALLENGES 55
FIGURE 25 TELECOM POWER SYSTEM MARKET CHALLENGES AND THEIR IMPACT 55
5.2.4.1 Lack of infrastructure development for energy management 55
5.2.4.2 Design challenges for telecom power systems 55
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 56
FIGURE 26 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES RELATED TO TELECOM POWER SYSTEM MARKET 56
5.4 ECOSYSTEM/MARKET MAP 57
TABLE 5 TELECOM POWER SYSTEM MARKET: ECOSYSTEM 57
FIGURE 27 KEY PLAYERS IN TELECOM POWER SYSTEM ECOSYSTEM 58
5.4.1 TELECOM POWER SYSTEM MANUFACTURERS 58
5.4.2 TELECOM NETWORK SOLUTION PROVIDERS 58
5.4.3 SYSTEM INTEGRATORS 58
5.4.4 NETWORK OPERATORS 59
5.5 TECHNOLOGY ANALYSIS 59
5.5.1 5G NETWORK 59
5.5.2 SMART MANUFACTURING 59
5.5.3 ASSET PERFORMANCE MANAGEMENT SYSTEMS 60
5.6 VALUE CHAIN ANALYSIS 60
FIGURE 28 VALUE CHAIN: TELECOM POWER SYSTEM MARKET 60

5.7 PATENT ANALYSIS 62
TABLE 6 NOTABLE PATENTS PERTAINING TO TELECOM POWER SYSTEM MARKET 62
TABLE 7 NUMBER OF PATENTS REGISTERED RELATED TO TELECOM POWER SYSTEM MARKET IN LAST 10 YEARS 66
FIGURE 29 TOP 10 COMPANIES WITH HIGHEST NO. OF PATENT APPLICATIONS IN LAST 10 YEARS 67
FIGURE 30 NO. OF PATENTS GRANTED PER YEAR, 2012–2021 67
5.8 REGULATORY LANDSCAPE 68
5.8.1 NORTH AMERICA 68
5.8.2 EUROPE 68
5.8.3 APAC 69
5.8.4 GLOBAL 69
5.9 TRADE DATA 69
5.9.1 IMPORT DATA 70
TABLE 8 IMPORT DATA FOR HS CODE 8504, BY COUNTRY, 2016–2020 (USD BILLION) 70
5.9.2 EXPORT DATA 70
TABLE 9 EXPORT DATA FOR HS CODE 8504, BY COUNTRY, 2016–2020 (USD BILLION) 70
5.10 CASE STUDY ANALYSIS 71
5.10.1 POWERING OF LARGE TELECOM AND SEASONAL AIR CONDITIONING 71
5.10.2 ADVANCED REMOTE TELECOM SITE AUTOMATION 71
5.10.3 OFF-GRID LTE WIRELESS NETWORKS 72
5.10.4 HYBRID OFF-GRID TELECOM SITES 72
5.10.5 HD-PLC FOR A FASTER, CHEAPER SMART METERING 73
5.11 KEY CONFERENCES & EVENTS DURING 2022–2023 73
TABLE 10 TELECOM POWER SYSTEM MARKET: DETAILED LIST OF CONFERENCES & EVENTS 73
5.12 PORTER’S FIVE FORCE ANALYSIS 77
TABLE 11 IMPACT OF PORTER’S FIVE FORCES ON TELECOM POWER SYSTEM MARKET 77
FIGURE 31 TELECOM POWER SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS 77
5.12.1 INTENSITY OF COMPETITIVE RIVALRY 78
5.12.2 THREAT OF SUBSTITUTES 78
5.12.3 BARGAINING POWER OF BUYERS 78
5.12.4 BARGAINING POWER OF SUPPLIERS 78
5.12.5 THREAT OF NEW ENTRANTS 78
5.13 KEY STAKEHOLDERS & BUYING CRITERIA 79
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 79
FIGURE 32 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 POWER SOURCES 79
TABLE 12 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 POWER SOURCES (%) 79
5.13.2 BUYING CRITERIA 80
FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 POWER SOURCES 80
TABLE 13 KEY BUYING CRITERIA FOR TOP 3 POWER SOURCES 80
5.14 AVERAGE SELLING PRICE (ASP) ANALYSIS 81
FIGURE 34 GLOBAL ASP OF TELECOM POEWR SYSTEMS, 2021 81
6 TELECOM POWER SYSTEM MARKET, BY COMPONENT 82
6.1 INTRODUCTION 83
FIGURE 35 INVERTERS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 83
TABLE 14 TELECOM POWER SYSTEM MARKET, BY COMPONENT,
2018–2021 (USD MILLION) 83
TABLE 15 TELECOM POWER SYSTEM MARKET, BY COMPONENT,
2022–2027 (USD MILLION) 84
6.2 RECTIFIERS 84
6.2.1 RECTIFIERS CONVERT ALTERNATING CURRENT TO DIRECT CURRENT AND PROVIDE POWER TO CHARGE BATTERIES 84
6.3 INVERTERS 85
6.3.1 INVERTERS TO REGISTER HIGHEST CAGR IN TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 85
6.4 CONVERTERS 85
6.4.1 MAJOR FUNCTION OF CONVERTERS IS TO CONVERT UNREGULATED VOLTAGE INTO REGULATED VOLTAGE 85
6.5 CONTROLLERS 86
6.5.1 CONTROLLERS PROVIDE INTELLIGENT CONTROL AND MONITOR OPERATIONAL PARAMETERS OF TEMECOM POEWR SYSTEMS 86
6.6 HEAT MANAGEMENT SYSTEMS 86
6.6.1 HEAT MANAGEMENT SYSTEMS OFFER INCLUDE HEAT EXCHANGE, DIRECT VENTILATION, THERMOELECTRIC COOLING, AND DC-POWERED AIR CONDITIONING 86
6.7 GENERATORS 87
6.7.1 GENERATORS PROVIDE RELIABILITY AND LONG HOURS OF USE IN REMOTE LOCATIONS WITHOUT COMPROMISING PERFORMANCE 87
6.8 OTHERS 87
6.8.1 POWER DISTRIBUTION UNITS 87
6.8.2 BATTERIES 88
6.8.3 SOLAR OR PV CELLS 88
6.8.4 WIND TURBINES 88
6.8.5 SURGE PROTECTION DEVICES 89
6.8.6 CIRCUIT BREAKERS 89
7 TELECOM POWER SYSTEM MARKET, BY GRID TYPE 91
7.1 INTRODUCTION 92
FIGURE 36 TELECOM POWER SYSTEM FOR OFF-GRID TYPE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 92
TABLE 16 TELECOM POWER SYSTEM MARKET, BY GRID TYPE,
2018–2021 (USD MILLION) 92
TABLE 17 TELECOM POWER SYSTEM MARKET, BY GRID TYPE,
2022–2027 (USD MILLION) 92

7.2 ON-GRID 93
7.2.1 ON-GRID-CONNECTED TELECOM POWER SYSTEMS HAVE LOWER ENVIRONMENTAL IMPACT 93
TABLE 18 TELECOM POWER SYSTEM MARKET FOR ON-GRID, BY REGION,
2018–2021 (USD MILLION) 93
TABLE 19 TELECOM POWER SYSTEM MARKET FOR ON-GRID, BY REGION,
2022–2027 (USD MILLION) 93
7.3 OFF-GRID 94
7.3.1 OFF-GRID-CONNECTED TELECOM POWER SYSTEMS ARE EXPECTED TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 94
TABLE 20 TELECOM POWER SYSTEM MARKET FOR OFF-GRID, BY REGION,
2018–2021 (USD MILLION) 94
TABLE 21 TELECOM POWER SYSTEM MARKET FOR OFF-GRID BY REGION,
2022–2027 (USD MILLION) 95
7.4 BAD GRID 95
7.4.1 BAD GRID-CONNECTED TELECOM POWER SYSTEMS ARE MAINLY USED IN DEVELOPING ECONOMIES SUCH AS INDIA, BRAZIL, AND AFRICAN COUNTRIES 95
TABLE 22 TELECOM POWER SYSTEM MARKET FOR BAD GRID, BY REGION,
2018–2021 (USD MILLION) 96
TABLE 23 TELECOM POWER SYSTEM MARKET FOR BAD GRID BY REGION,
2022–2027 (USD MILLION) 96
8 TELECOM POWER SYSTEM MARKET, BY POWER RATING 97
8.1 INTRODUCTION 98
FIGURE 37 TELECOM POWER SYSTEMS WITH BELOW 10 KW POWER RATING TO DOMINATE MARKET DURING FORECAST PERIOD 98
TABLE 24 TELECOM POWER SYSTEM MARKET, BY POWER RATING,
2018–2021 (USD MILLION) 98
TABLE 25 TELECOM POWER SYSTEM MARKET, BY POWER RATING,
2022–2027 (USD MILLION) 99
TABLE 26 TELECOM POWER SYSTEM MARKET, BY POWER RATING,
2018–2021 (THOUSAND UNITS) 99
TABLE 27 TELECOM POWER SYSTEM MARKET, BY POWER RATING,
2022–2027 (THOUSAND UNITS) 99
8.2 BELOW 10 KW 100
8.2.1 TELECOM POWER SYSTEMS BELOW 10 KW ARE MAINLY USED IN CELL TOWERS, BTS, AND BASE STATIONS FOR TELECOM TOWERS 100
8.3 10–20 KW 100
8.3.1 POWER SYSTEMS OF 10–20 KW RATING ARE PRIMARILY USED IN
5G TOWERS AND RECTIFIER MODULES 100
8.4 ABOVE 20 KW 100
8.4.1 POWER SYSTEMS ABOVE 20 KW ARE MAINLY USED IN ACCESS NETWORKS, DATA CENTERS, AND INDOOR POWER SYSTEMS 100

9 TELECOM POWER SYSTEM MARKET, BY POWER SOURCE 101
9.1 INTRODUCTION 102
FIGURE 38 TELECOM POWER SYSTEM MARKET FOR DIESEL-SOLAR POWER SOURCE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 102
TABLE 28 TELECOM POWER SYSTEM MARKET, BY POWER SOURCE,
2018–2021 (USD MILLION) 102
TABLE 29 TELECOM POWER SYSTEM MARKET, BY POWER SOURCE,
2022–2027 (USD MILLION) 103
9.2 DIESEL–BATTERY POWER SOURCE 103
9.2.1 DIESEL–BATTERY POWER SOURCE IS MOST COMMON POWER SOURCE USED FOR TELECOM POWER SYSTEMS 103
TABLE 30 ADVANTAGES OF DIESEL–BATTERY POWER SOURCE 103
TABLE 31 DISADVANTAGES OF DIESEL–BATTERY POWER SOURCE 104
TABLE 32 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE, BY REGION, 2018–2021 (USD MILLION) 104
TABLE 33 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE BY REGION, 2022–2027 (USD MILLION) 105
TABLE 34 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 105
TABLE 35 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 105
TABLE 36 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 106
TABLE 37 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 106
TABLE 38 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 106
TABLE 39 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 107
TABLE 40 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN ROW, BY REGION, 2018–2021 (USD MILLION) 107
TABLE 41 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN ROW, BY REGION, 2022–2027 (USD MILLION) 107
9.3 DIESEL–SOLAR POWER SOURCE 108
9.3.1 DIESEL–SOLAR POWER SOURCE IS DESIGNED TO USE IN MORE REMOTE CELLULAR BASE STATIONS 108
TABLE 42 ADVANTAGES OF DIESEL–SOLAR POWER SOURCE 108
TABLE 43 DISADVANTAGES OF DIESEL–SOLAR POWER SOURCE 109
TABLE 44 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE,
BY REGION, 2018–2021 (USD MILLION) 109
TABLE 45 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE,
BY REGION, 2022–2027 (USD MILLION) 110
TABLE 46 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 110
TABLE 47 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 110
TABLE 48 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 111
TABLE 49 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 111
TABLE 50 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 111
TABLE 51 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 112
TABLE 52 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN ROW, BY REGION, 2018–2021 (USD MILLION) 112
TABLE 53 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN ROW, BY REGION, 2022–2027 (USD MILLION) 112
9.4 DIESEL–WIND POWER SOURCE 113
9.4.1 DIESEL–WIND POWER SYSTEMS ARE WELL SUITED IN BAD-GRID AND OFF-GRID AREAS 113
TABLE 54 ADVANTAGES OF DIESEL–WIND POWER SOURCE 113
TABLE 55 DISADVANTAGES OF DIESEL–WIND POWER SOURCE 113
TABLE 56 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE,
BY REGION, 2018–2021 (USD MILLION) 114
TABLE 57 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE,
BY REGION, 2022–2027 (USD MILLION) 114
TABLE 58 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 114
TABLE 59 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 115
TABLE 60 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 115
TABLE 61 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 115
TABLE 62 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 116
TABLE 63 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 116
TABLE 64 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN ROW, BY REGION, 2018–2021 (USD MILLION) 116
TABLE 65 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN ROW, BY REGION, 2022–2027 (USD MILLION) 117
9.5 MULTIPLE POWER SOURCES (DIESEL/SOLAR/WIND/BATTERY/BIOMASS) 117
9.5.1 MULTIPLE POWER SOURCES ENABLE COST-EFFECTIVE WAY OF GENERATING ELECTRICITY 117
TABLE 66 ADVANTAGES OF DIESEL–BIOMASS POWER SOURCE 118
TABLE 67 DISADVANTAGES OF DIESEL–BIOMASS POWER SOURCE 118
TABLE 68 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES,
BY REGION, 2018–2021 (USD MILLION) 118
TABLE 69 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES,
BY REGION, 2022–2027 (USD MILLION) 119
TABLE 70 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 119
TABLE 71 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 119
TABLE 72 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 120
TABLE 73 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 120
TABLE 74 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 120
TABLE 75 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 121
TABLE 76 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN ROW, BY REGION, 2018–2021 (USD MILLION) 121
TABLE 77 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN ROW, BY REGION, 2022–2027 (USD MILLION) 121
10 TELECOM POWER SYSTEM MARKET, BY TECHNOLOGY 122
10.1 INTRODUCTION 123
FIGURE 39 DC POWER SYSTEMS TO HOLD LARGER SHARE OF TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 123
TABLE 78 TELECOM POWER SYSTEM MARKET, BY TECHNOLOGY,
2018–2021 (USD MILLION) 123
TABLE 79 TELECOM POWER SYSTEM MARKET, BY TECHNOLOGY,
2022–2027 (USD MILLION) 123
10.2 AC POWER SYSTEMS 124
10.2.1 AC POWER SYSTEMS ARE MAINLY USED FOR TESTING RF AMPLIFIERS, SATELLITES, AND DATA CENTERS 124
10.3 DC POWER SYSTEMS 124
10.3.1 DC POWER SYSTEMS ARE MAINLY USED IN TELECOM POWER SYSTEMS 124
11 GEOGRAPHIC ANALYSIS 125
11.1 INTRODUCTION 126
FIGURE 40 APAC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 126
TABLE 80 TELECOM POWER SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 126
TABLE 81 TELECOM POWER SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 127
11.2 NORTH AMERICA 127
FIGURE 41 SNAPSHOT: TELECOM POWER SYSTEM MARKET IN NORTH AMERICA 128
TABLE 82 TELECOM POWER SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 128
TABLE 83 TELECOM POWER SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 129
TABLE 84 TELECOM POWER SYSTEM MARKET IN NORTH AMERICA, BY POWER SOURCE, 2018–2021 (USD MILLION) 129
TABLE 85 TELECOM POWER SYSTEM MARKET IN NORTH AMERICA, BY POWER SOURCE, 2022–2027 (USD MILLION) 129

11.2.1 US 129
11.2.1.1 US held largest size of North American market in 2021 129
TABLE 86 TELECOM POWER SYSTEM MARKET IN US, BY POWER SOURCE,
2018–2021 (USD MILLION) 130
TABLE 87 TELECOM POWER SYSTEM MARKET IN US, BY POWER SOURCE,
2022–2027 (USD MILLION) 130
11.2.2 CANADA 131
11.2.2.1 Demand for telecom power systems in Canada is primarily driven by development of telecom infrastructure in rural areas 131
TABLE 88 TELECOM POWER SYSTEM MARKET IN CANADA, BY POWER SOURCE,
2018–2021 (USD MILLION) 131
TABLE 89 TELECOM POWER SYSTEM MARKET IN CANADA, BY POWER SOURCE,
2022–2027 (USD MILLION) 131
11.2.3 MEXICO 132
11.2.3.1 Mexico is estimated to be fastest-growing market in North America during forecast period 132
TABLE 90 TELECOM POWER SYSTEM MARKET IN MEXICO, BY POWER SOURCE,
2018–2021 (USD MILLION) 132
TABLE 91 TELECOM POWER SYSTEM MARKET IN MEXICO, BY POWER SOURCE,
2022–2027 (USD MILLION) 132
11.3 EUROPE 133
FIGURE 42 SNAPSHOT: TELECOM POWER SYSTEM MARKET IN EUROPE 134
TABLE 92 TELECOM POWER SYSTEM MARKET IN EUROPE, BY COUNTRY,
2018–2021 (USD MILLION) 134
TABLE 93 TELECOM POWER SYSTEM MARKET IN EUROPE, BY COUNTRY,
2022–2027 (USD MILLION) 135
TABLE 94 TELECOM POWER SYSTEM MARKET IN EUROPE, BY POWER SOURCE,
2018–2021 (USD MILLION) 135
TABLE 95 TELECOM POWER SYSTEM MARKET IN EUROPE, BY POWER SOURCE,
2022–2027 (USD MILLION) 135
11.3.1 UK 136
11.3.1.1 UK is expected to be fastest-growing market in Europe during forecast period 136
TABLE 96 TELECOM POWER SYSTEM MARKET IN UK, BY POWER SOURCE,
2018–2021 (USD MILLION) 136
TABLE 97 TELECOM POWER SYSTEM MARKET IN UK, BY POWER SOURCE,
2022–2027 (USD MILLION) 136
11.3.2 GERMANY 137
11.3.2.1 Germany held largest share of telecom power system market in Europe in 2021 137
TABLE 98 TELECOM POWER SYSTEM MARKET IN GERMANY, BY POWER SOURCE, 2018–2021 (USD MILLION) 137
TABLE 99 TELECOM POWER SYSTEM MARKET IN GERMANY, BY POWER SOURCE, 2022–2027 (USD MILLION) 137

11.3.3 FRANCE 138
11.3.3.1 Expected introduction of upcoming 5G technology provides significant investment opportunities for leading telecom power system providers in France 138
TABLE 100 TELECOM POWER SYSTEM MARKET IN FRANCE, BY POWER SOURCE,
2018–2021 (USD MILLION) 138
TABLE 101 TELECOM POWER SYSTEM MARKET IN FRANCE, BY POWER SOURCE,
2022–2027 (USD MILLION) 138
11.3.4 SPAIN 139
11.3.4.1 Spain has developed telecommunication services with various new technologies and innovation trends 139
TABLE 102 TELECOM POWER SYSTEM MARKET IN SPAIN, BY POWER SOURCE,
2018–2021 (USD MILLION) 139
TABLE 103 TELECOM POWER SYSTEM MARKET IN SPAIN, BY POWER SOURCE,
2022–2027 (USD MILLION) 139
11.3.5 REST OF EUROPE 140
TABLE 104 TELECOM POWER SYSTEM MARKET IN REST OF EUROPE, BY POWER SOURCE, 2018–2021 (USD MILLION) 140
TABLE 105 TELECOM POWER SYSTEM MARKET IN REST OF EUROPE, BY POWER SOURCE, 2022–2027 (USD MILLION) 140
11.4 APAC 140
FIGURE 43 SNAPSHOT: TELECOM POWER SYSTEM MARKET IN APAC 141
TABLE 106 TELECOM POWER SYSTEM MARKET IN APAC, BY COUNTRY,
2018–2021 (USD MILLION) 142
TABLE 107 TELECOM POWER SYSTEM MARKET IN APAC, BY COUNTRY,
2022–2027 (USD MILLION) 142
TABLE 108 TELECOM POWER SYSTEM MARKET IN APAC, BY POWER SOURCE,
2018–2021 (USD MILLION) 142
TABLE 109 TELECOM POWER SYSTEM MARKET IN APAC, BY POWER SOURCE,
2022–2027 (USD MILLION) 143
11.4.1 CHINA 143
11.4.1.1 China held largest share of telecom power system market in APAC
in 2021 143
TABLE 110 TELECOM POWER SYSTEM MARKET IN CHINA, BY POWER SOURCE,
2018–2021 (USD MILLION) 144
TABLE 111 TELECOM POWER SYSTEM MARKET IN CHINA, BY POWER SOURCE,
2022–2027 (USD MILLION) 144
11.4.2 JAPAN 144
11.4.2.1 Development and deployment of advanced telecom network infrastructures present opportunities for telecom power system providers in Japan 144
TABLE 112 TELECOM POWER SYSTEM MARKET IN JAPAN, BY POWER SOURCE,
2018–2021 (USD MILLION) 145
TABLE 113 TELECOM POWER SYSTEM MARKET IN JAPAN, BY POWER SOURCE,
2022–2027 (USD MILLION) 145

11.4.3 SOUTH KOREA 145
11.4.3.1 South Korea is among leaders in terms of development of telecom networks 145
TABLE 114 TELECOM POWER SYSTEM MARKET IN SOUTH KOREA, BY POWER SOURCE, 2018–2021 (USD MILLION) 146
TABLE 115 TELECOM POWER SYSTEM MARKET IN SOUTH KOREA, BY POWER SOURCE, 2022–2027 (USD MILLION) 146
11.4.4 INDIA 146
11.4.4.1 India is expected to be fastest-growing market during forecast period 146
TABLE 116 TELECOM POWER SYSTEM MARKET IN INDIA, BY POWER SOURCE,
2018–2021 (USD MILLION) 147
TABLE 117 TELECOM POWER SYSTEM MARKET IN INDIA, BY POWER SOURCE,
2022–2027 (USD MILLION) 147
11.4.5 AUSTRALIA & NEW ZEALAND 148
11.4.5.1 Technological advancements and telecom infrastructure developments propel growth of telecom power system market 148
TABLE 118 TELECOM POWER SYSTEM MARKET IN AUSTRALIA & NEW ZEALAND,
BY POWER SOURCE, 2018–2021 (USD MILLION) 148
TABLE 119 TELECOM POWER SYSTEM MARKET IN AUSTRALIA & NEW ZEALAND,
BY POWER SOURCE, 2022–2027 (USD MILLION) 148
11.4.6 REST OF APAC 149
TABLE 120 TELECOM POWER SYSTEM MARKET IN REST OF APAC, BY POWER SOURCE, 2018–2021 (USD MILLION) 149
TABLE 121 TELECOM POWER SYSTEM MARKET IN REST OF APAC, BY POWER SOURCE, 2022–2027 (USD MILLION) 149
11.5 ROW 150
TABLE 122 TELECOM POWER SYSTEM MARKET IN ROW, BY REGION,
2018–2021 (USD MILLION) 150
TABLE 123 TELECOM POWER SYSTEM MARKET IN ROW, BY REGION,
2022–2027 (USD MILLION) 150
TABLE 124 TELECOM POWER SYSTEM MARKET IN ROW, BY POWER SOURCE,
2018–2021 (USD MILLION) 150
TABLE 125 TELECOM POWER SYSTEM MARKET IN ROW, BY POWER SOURCE,
2022–2027 (USD MILLION) 151
11.5.1 MIDDLE EAST AND AFRICA 151
11.5.1.1 Middle East and Africa are expected to witness higher growth of market in RoW during forecast period 151
TABLE 126 TELECOM POWER SYSTEM MARKET IN MIDDLE EAST AND AFRICA,
BY POWER SOURCE, 2018–2021 (USD MILLION) 152
TABLE 127 TELECOM POWER SYSTEM MARKET IN MIDDLE EAST AND AFRICA,
BY POWER SOURCE, 2022–2027 (USD MILLION) 152
11.5.2 SOUTH AMERICA 152
11.5.2.1 Deployment of telecom infrastructures in rural areas propels growth of market in South America 152
TABLE 128 TELECOM POWER SYSTEM MARKET IN SOUTH AMERICA, BY POWER SOURCE, 2018–2021 (USD MILLION) 153
TABLE 129 TELECOM POWER SYSTEM MARKET IN SOUTH AMERICA, BY POWER SOURCE, 2022–2027 (USD MILLION) 153
12 COMPETITIVE LANDSCAPE 154
12.1 OVERVIEW 154
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 154
TABLE 130 OVERVIEW OF STRATEGIES DEPLOYED BY KEY MARKET PLAYERS 154
12.2.1 PRODUCT PORTFOLIO 156
12.2.2 REGIONAL FOCUS 156
12.2.3 MANUFACTURING FOOTPRINT 156
12.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES 156
12.3 MARKET SHARE ANALYSIS: TELECOM POWER SYSTEM MARKET, 2021 157
TABLE 131 TELECOM POWER SYSTEM MARKET: DEGREE OF COMPETITION, 2021 157
12.4 5-YEAR COMPANY REVENUE ANALYSIS 158
FIGURE 44 5-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN TELECOM POWER SYSTEM MARKET 158
12.5 COMPANY EVALUATION QUADRANT 158
12.5.1 STAR 158
12.5.2 EMERGING LEADER 158
12.5.3 PERVASIVE 159
12.5.4 PARTICIPANT 159
FIGURE 45 TELECOM POWER SYSTEM COMPANY EVALUATION QUADRANT, 2021 159
12.5.5 COMPANY FOOTPRINT 160
TABLE 132 OVERALL COMPANY FOOTPRINT 160
TABLE 133 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS POWER SOURCES 161
TABLE 134 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS COMPONENTS 162
TABLE 135 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS REGIONS 163
12.6 START-UP/SME EVALUATION MATRIX 164
TABLE 136 LIST OF START-UPS IN TELECOM POWER SYSTEM MARKET 164
12.6.1 PROGRESSIVE COMPANIES 165
12.6.2 RESPONSIVE COMPANIES 165
12.6.3 DYNAMIC COMPANIES 165
12.6.4 STARTING BLOCKS 165
FIGURE 46 TELECOM POWER SYSTEM MARKET, STARTUP/SME EVALUATION MATRIX, 2021 166
12.7 COMPETITIVE SITUATIONS AND TRENDS 167
12.7.1 PRODUCT LAUNCHES 167
TABLE 137 PRODUCT LAUNCHES, 2020–2022 167
12.7.2 DEALS 173
TABLE 138 DEALS, 2020–2022 173

13 COMPANY PROFILES 175
13.1 INTRODUCTION 175
(Business overview, Products/solutions/services offered, Recent developments & MnM View)*
13.2 KEY PLAYERS 175
13.2.1 EATON 175
TABLE 139 EATON: COMPANY SNAPSHOT 176
FIGURE 47 EATON: COMPANY SNAPSHOT 176
13.2.2 HUAWEI TECHNOLOGIES 182
TABLE 140 HUAWEI TECHNOLOGIES: COMPANY SNAPSHOT 182
FIGURE 48 HUAWEI TECHNOLOGIES: COMPANY SNAPSHOT 183
13.2.3 CUMMINS 188
TABLE 141 CUMMINS: COMPANY SNAPSHOT 188
FIGURE 49 CUMMINS: COMPANY SNAPSHOT 189
13.2.4 ZTE CORPORATION 192
TABLE 142 ZTE CORPORATION: COMPANY SNAPSHOT 192
FIGURE 50 ZTE CORPORATION: COMPANY SNAPSHOT 193
13.2.5 GENERAL ELECTRIC 197
TABLE 143 GENERAL ELECTRIC: COMPANY SNAPSHOT 197
FIGURE 51 GENERAL ELECTRIC: COMPANY SNAPSHOT 198
13.2.6 SCHNEIDER ELECTRIC 201
TABLE 144 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 201
FIGURE 52 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 202
13.2.7 ALPHA TECHNOLOGIES 205
TABLE 145 ALPHA TECHNOLOGIES: COMPANY SNAPSHOT 205
13.2.8 DELTA ELECTRONICS 207
TABLE 146 DELTA ELECTRONICS: COMPANY SNAPSHOT 207
FIGURE 53 DELTA ELECTRONICS: COMPANY SNAPSHOT 208
13.2.9 ABB 210
TABLE 147 ABB: COMPANY SNAPSHOT 210
FIGURE 54 ABB: COMPANY SNAPSHOT 211
*Details on Business overview, Products/solutions/services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
13.3 OTHER PLAYERS 214
13.3.1 ASCOT INDUSTRIAL 214
TABLE 148 ASCOT INDUSTRIAL: COMPANY SNAPSHOT 214
13.3.2 UNIPOWER 215
TABLE 149 UNIPOWER: COMPANY SNAPSHOT 215
13.3.3 DYNAMIC POWER GROUP 216
TABLE 150 DYNAMIC POWER GROUP: COMPANY SNAPSHOT 216
13.3.4 EFORE 217
TABLE 151 EFORE: COMPANY SNAPSHOT 217
13.3.5 HANGZHOU ZHONGHENG POWER ENERGY 217
TABLE 152 HANGZHOU ZHONHENG POWER ENERGY: COMPANY SNAPSHOT 217
13.3.6 MYERS POWER PRODUCTS 218
TABLE 153 MYERS POWER PRODUCTS: COMPANY SNAPSHOT 218
13.3.7 STATICON 219
TABLE 154 STATICON: COMPANY SNAPSHOT 219
13.3.8 VERTIV GROUP 220
TABLE 155 VERTIV GROUP: COMPANY SNAPSHOT 220
13.3.9 VOLTSERVER 221
TABLE 156 VOLTSERVER: COMPANY SNAPSHOT 221
13.3.10 JMA WIRELESS 221
TABLE 157 JMA WIRELESS: COMPANY SNAPSHOT 221
13.3.11 CORNING INCORPORATED 222
TABLE 158 CORNING INCORPORATED: COMPANY SNAPSHOT 222
14 APPENDIX 223
14.1 DISCUSSION GUIDE 223
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 226
14.3 AVAILABLE CUSTOMIZATION 228
14.4 RELATED REPORTS 228
14.5 AUTHOR DETAILS 229

Smart Lock Market with COVID-19 Impact by Lock Type (Deadbolt Locks, Lever Handles), Communication Protocol (Bluetooth, WiFi), Unlocking Mechanism (Ke...

Publisher:        MarketsandMarkets

# of Pages:        184

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Publication Date:  March, 2022

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1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION AND SCOPE 25
1.2.1 INCLUSIONS AND EXCLUSIONS 26
1.3 STUDY SCOPE 26
1.3.1 MARKETS COVERED 26
1.3.2 GEOGRAPHIC SCOPE 27
1.3.3 YEARS CONSIDERED 27
1.4 CURRENCY 27
1.5 MARKET STAKEHOLDERS 28
1.6 SUMMARY OF CHANGES 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
FIGURE 1 SMART LOCK MARKET: RESEARCH DESIGN 29
2.1.1 SECONDARY DATA 30
2.1.1.1 List of major secondary sources 30
2.1.1.2 Secondary sources 30
2.1.2 PRIMARY DATA 31
2.1.2.1 Primary Expert Interviews 31
2.1.2.2 Key data from primary sources 32
2.1.2.3 Key industry insights 32
2.1.2.4 Breakdown of primaries 33
2.1.3 SECONDARY AND PRIMARY RESEARCH 34
2.2 MARKET SIZE ESTIMATION 35
FIGURE 2 PROCESS FLOW 35
2.2.1 BOTTOM-UP APPROACH 35
2.2.1.1 Approach for calculating market share through bottom-up analysis (demand side) 35
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 36
2.2.2 TOP-DOWN APPROACH 36
2.2.2.1 Approach for calculating market share through top-down analysis (supply side) 37
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 37
2.3 MARKET RANKING ESTIMATION 37
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 38
FIGURE 5 MARKET BREAKDOWN AND DATA TRIANGULATION 38
2.5 RESEARCH ASSUMPTIONS 39
3 EXECUTIVE SUMMARY 40
FIGURE 6 DEADBOLT LOCKS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 41
FIGURE 7 WI-FI COMMUNICATION PROTOCOL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 41
FIGURE 8 KEYPAD UNLOCKING MECHANISM SEGMENT TO HOLD LARGEST SHARE OF SMART LOCK MARKET IN 2027 42
FIGURE 9 RESIDENTIAL VERTICAL TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 42
FIGURE 10 SMART LOCK MARKET IN APAC TO REGISTER HIGHEST CAGR BETWEEN
2022 AND 2027 43
4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE OPPORTUNITIES IN SMART LOCK MARKET 44
FIGURE 11 RISING DEMAND FOR INTERNET-BASED SECURITY SOLUTIONS TO DRIVE GROWTH OF SMART LOCK MARKET 44
4.2 SMART LOCK MARKET IN NORTH AMERICA, BY COUNTRY AND VERTICAL 44
FIGURE 12 US AND RESIDENTIAL VERTICAL TO DOMINATE NORTH AMERICAN SMART LOCK MARKET DURING FORECAST PERIOD 44
4.3 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY LOCK TYPE 45
FIGURE 13 SMART LOCK MARKET FOR DEADBOLT LOCKS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 45
4.4 SMART LOCK MARKET, BY COUNTRY 45
FIGURE 14 CHINA TO ACCOUNT FOR HIGHEST GROWTH RATE IN GLOBAL SMART LOCK MARKET IN 2022 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 46
5.2 MARKET DYNAMICS 46
FIGURE 15 SMART LOCK MARKET DYNAMICS 46
FIGURE 16 DRIVERS AND THEIR IMPACT ON SMART LOCK MARKET 47
FIGURE 17 OPPORTUNITIES AND THEIR IMPACT ON SMART LOCK MARKET 48
FIGURE 18 RESTRAINTS & CHALLENGES AND THEIR IMPACT ON SMART LOCK MARKET 49
5.2.1 DRIVERS 49
5.2.1.1 Growing security concerns 49
5.2.1.2 Enhanced features compared with traditional lock systems 50
5.2.1.3 Rising adoption of smartphones and other connected devices 50
5.2.2 RESTRAINTS 50
5.2.2.1 High cost and perception of unreliability 50
5.2.2.2 Lack of awareness among customers 51
5.2.3 OPPORTUNITIES 51
5.2.3.1 Increasing adoption of IoT-based security systems 51
5.2.3.2 Rapid urbanization in emerging nations 51
5.2.3.3 Global proliferation of smart cities 52
5.2.4 CHALLENGES 52
5.2.4.1 Risk of cyberattacks through smart devices and IoT-enabled devices 52
5.3 VALUE CHAIN ANALYSIS 52
FIGURE 19 VALUE CHAIN ANALYSIS: MAJOR VALUE ADDED BY RAW MATERIAL SUPPLIERS AND ORIGINAL EQUIPMENT MANUFACTURERS 53
5.4 SMART LOCK MARKET ECOSYSTEM 54
FIGURE 20 SMART LOCK MARKET ECOSYSTEM 54
6 SMART LOCK MARKET, BY LOCK TYPE 55
6.1 INTRODUCTION 56
FIGURE 21 DEADBOLT LOCKS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 56
TABLE 1 SMART LOCK MARKET, BY LOCK TYPE, 2018–2021 (USD MILLION) 56
TABLE 2 SMART LOCK MARKET, BY LOCK TYPE, 2022–2027 (USD MILLION) 57
TABLE 3 SMART LOCK MARKET, BY LOCK TYPE, 2018–2021 (MILLION UNITS) 57
TABLE 4 SMART LOCK MARKET, BY LOCK TYPE, 2022–2027 (MILLION UNITS) 58
6.2 DEADBOLT LOCKS 58
6.2.1 INCREASING DEPLOYMENT OF DEADBOLT LOCKS IN RESIDENTIAL SECTOR TO DRIVE MARKET GROWTH 58
FIGURE 22 RESIDENTIAL VERTICAL TO HOLD LARGEST SHARE OF SMART LOCK MARKET FOR DEADBOLTS DURING FORECAST PERIOD 59
TABLE 5 SMART LOCK MARKET FOR DEADBOLT LOCKS, BY VERTICAL,
2018–2021 (USD MILLION) 59
TABLE 6 SMART LOCK MARKET FOR DEADBOLT LOCKS, BY VERTICAL,
2022–2027 (USD MILLION) 59
6.3 LEVER HANDLES 60
6.3.1 CONVENIENT STRUCTURE AND THEIR COMPLIANCE WITH US DISABILITIES ACT 1990 TO FUEL DEMAND FOR LEVER HANDLES 60
TABLE 7 SMART LOCK MARKET FOR LEVER HANDLES, BY VERTICAL,
2018–2021 (USD MILLION) 60
TABLE 8 SMART LOCK MARKET FOR LEVER HANDLES, BY VERTICAL,
2022–2027 (USD MILLION) 60
6.4 SERVER LOCKS AND LATCHES 61
6.4.1 RISING CONCERNS REGARDING CYBERATTACKS TO FUEL DEMAND FOR SERVER LOCKS AND LATCHES 61
TABLE 9 SMART LOCK MARKET FOR SERVER LOCKS AND LATCHES, BY VERTICAL, 2018–2021 (USD MILLION) 61
TABLE 10 SMART LOCK MARKET FOR SERVER LOCKS AND LATCHES, BY VERTICAL, 2022–2027 (USD MILLION) 61
6.5 KNOB LOCKS 62
6.5.1 GROWING USE OF KNOB LOCKS WITH DEADBOLTS ON EXTERIOR DOORS IN RESIDENTIAL SECTOR TO DRIVE MARKET GROWTH 62
TABLE 11 SMART LOCK MARKET FOR KNOB LOCKS, BY VERTICAL,
2018–2021 (USD MILLION) 62
TABLE 12 SMART LOCK MARKET FOR KNOB LOCKS, BY VERTICAL,
2022–2027 (USD MILLION) 62
6.6 OTHERS 63
TABLE 13 SMART LOCK MARKET FOR OTHERS, BY VERTICAL,
2018–2021 (USD MILLION) 63
TABLE 14 SMART LOCK MARKET FOR OTHERS, BY VERTICAL,
2022–2027 (USD MILLION) 63
7 SMART LOCK MARKET, BY COMMUNICATION PROTOCOL 64
7.1 INTRODUCTION 65
FIGURE 23 WI-FI COMMUNICATION PROTOCOL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 65
TABLE 15 SMART LOCK MARKET, BY COMMUNICATION PROTOCOL,
2018–2021 (USD MILLION) 65
TABLE 16 SMART LOCK MARKET, BY COMMUNICATION PROTOCOL,
2022–2027 (USD MILLION) 66
7.2 WI-FI 66
7.2.1 CONNECTIVITY BENEFITS OFFERED BY WI-FI TO DRIVE MARKET GROWTH 66
7.3 BLUETOOTH 67
7.3.1 WIDE RANGE, LOW POWER CONSUMPTION, AND HIGH RELIABILITY AND BANDWIDTH FEATURES TO FUEL MARKET GROWTH 67
7.4 Z-WAVE 67
7.4.1 GROWING POPULARITY OF RELIABILITY AND HIGH-SPEED FEATURES OF Z-WAVE TO DRIVE MARKET GROWTH 67
7.5 OTHERS 67
7.5.1 ZIGBEE 67
7.5.2 THREAD 67
7.5.3 NFC 67
8 SMART LOCK MARKET, BY UNLOCKING MECHANISM 68
8.1 INTRODUCTION 69
FIGURE 24 KEYPAD UNLOCKING MECHANISM SEGMENT TO HOLD LARGEST SHARE OF SMART LOCK MARKET IN 2027 69
TABLE 17 SMART LOCK MARKET, BY UNLOCKING MECHANISM,
2018–2021 (USD MILLION) 69
TABLE 18 SMART LOCK MARKET, BY UNLOCKING MECHANISM,
2022–2027 (USD MILLION) 70
8.2 KEYPAD 70
8.2.1 INTEGRATION OF KEYPADS WITH ACCESS CONTROL SYSTEMS TO DRIVE MARKET GROWTH 70
8.3 CARD KEY 71
8.3.1 GROWING USE OF RADIO FREQUENCY IDENTIFICATION (RFID) MAGNETIC DOOR LOCKS IN COMMERCIAL OFFICE BUILDINGS TO DRIVE MARKET GROWTH 71
8.3.1.1 Low frequency 71
8.3.1.2 High frequency 71
8.3.1.3 Ultra-high frequency 71

8.4 TOUCH BASED 72
8.4.1 GROWING ADOPTION OF AUTOMATED FINGERPRINT IDENTIFICATION SYSTEMS (AFISS) TO FUEL DEMAND FOR FINGERPRINT RECOGNITION SOLUTIONS USED IN SMART LOCK MECHANISM 72
8.5 KEY FOBS 73
8.5.1 RISE IN REPLACEMENT OF OLD METAL KEY SYSTEMS WITH ELECTRONIC FOB SYSTEMS TO DRIVE MARKET GROWTH 73
8.6 SMARTPHONE BASED 73
8.6.1 GROWING ADOPTION OF SMART HOMES TO INCREASE DEMAND FOR SMARTPHONE-BASED DOOR LOCKING SYSTEMS 73
9 SMART LOCK MARKET, BY VERTICAL 74
9.1 INTRODUCTION 75
FIGURE 25 RESIDENTIAL VERTICAL TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 75
TABLE 19 SMART LOCK MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 75
TABLE 20 SMART LOCK MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 76
9.2 COMMERCIAL 76
9.2.1 HOSPITALITY 76
9.2.1.1 Increasing adoption of smart locks in hotels, vacation rental properties, resorts, casinos, and cruise ships to boost market growth 76
9.2.2 RETAIL STORES AND MALLS 77
9.2.2.1 Retail stores and malls segment to witness healthy growth in smart lock market 77
9.2.3 HEALTHCARE 77
9.2.3.1 Growing use of smart locks in healthcare sector to ensure access only to authorized users to boost market growth 77
9.2.4 BANKS AND FINANCIAL CENTRES 77
9.2.4.1 Increasing trend of biometric and multifactor authentication in banking and financial institutions to drive market growth 77
9.2.5 ENTERPRISES AND DATA CENTRES 78
9.2.5.1 Rising demand for security smart cards and biometric access systems to prevent minor security risks in enterprises to drive market growth 78
TABLE 21 SMART LOCK MARKET, BY COMMERCIAL VERTICAL,
2018–2021 (USD MILLION) 78
TABLE 22 SMART LOCK MARKET, BY COMMERCIAL VERTICAL,
2022–2027 (USD MILLION) 78
TABLE 23 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 79
TABLE 24 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 79
TABLE 25 NORTH AMERICA: SMART LOCK MARKET FOR COMMERCIAL VERTICAL,
BY COUNTRY, 2018–2021 (USD MILLION) 79
TABLE 26 NORTH AMERICA: SMART LOCK MARKET FOR COMMERCIAL VERTICAL,
BY COUNTRY, 2022–2027 (USD MILLION) 80
TABLE 27 EUROPE: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 80
TABLE 28 EUROPE: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 80
TABLE 29 APAC: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 81
TABLE 30 APAC: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 81
TABLE 31 ROW: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY REGION, 2018–2021 (USD MILLION) 81
TABLE 32 ROW: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY REGION, 2022–2027 (USD MILLION) 82
TABLE 33 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY LOCK TYPE,
2018–2021 (USD MILLION) 82
TABLE 34 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY LOCK TYPE,
2022–2027 (USD MILLION) 82
9.3 RESIDENTIAL 83
9.3.1 CONDOMINIUM 83
9.3.1.1 Growing use of smart locks in condominiums or multi-family apartments to prevent invasion, unauthorized access, theft, and burglary to drive market growth 83
9.3.2 INDIVIDUAL HOUSES 83
9.3.2.1 Rising adoption of smart locks by individual house owners to ensure security and safety to drive market growth 83
FIGURE 26 CONDOMINIUM SEGMENT TO HOLD LARGER SHARE OF SMART LOCK MARKET FOR RESIDENTIAL VERTICAL DURING FORECAST PERIOD 83
TABLE 35 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL,
2018–2021 (USD MILLION) 84
TABLE 36 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL,
2022–2027 (USD MILLION) 84
FIGURE 27 APAC TO REGISTER HIGHEST CAGR IN SMART LOCK FOR RESIDENTIAL VERTICAL DURING FORECAST PERIOD 84
TABLE 37 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 85
TABLE 38 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 85
TABLE 39 NORTH AMERICA: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL,
BY COUNTRY, 2018–2021 (USD MILLION) 85
TABLE 40 NORTH AMERICA: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL,
BY COUNTRY, 2022–2027 (USD MILLION) 86
TABLE 41 EUROPE: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 86
TABLE 42 EUROPE: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 86
TABLE 43 APAC: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 87
TABLE 44 APAC: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 87
TABLE 45 ROW: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 87
TABLE 46 ROW: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 88
TABLE 47 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY LOCK TYPE,
2018–2021 (USD MILLION) 88
TABLE 48 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY LOCK TYPE,
2022–2027 (USD MILLION) 88
9.4 INSTITUTIONAL & GOVERNMENT 89
9.4.1 INCREASING DEMAND FOR SMART LOCKS IN GOVERNMENT VERTICAL TO RESTRICT UNAUTHORIZED ENTRIES TO DRIVE MARKET GROWTH 89
TABLE 49 SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL,
BY REGION, 2018–2021 (USD MILLION) 89
TABLE 50 SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL,
BY REGION, 2022–2027 (USD MILLION) 89
TABLE 51 NORTH AMERICA: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 90
TABLE 52 NORTH AMERICA: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 90
TABLE 53 EUROPE: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 90
TABLE 54 EUROPE: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 91
TABLE 55 APAC: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 91
TABLE 56 APAC: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 91
TABLE 57 ROW: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY REGION, 2018–2021 (USD MILLION) 92
TABLE 58 ROW: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY REGION, 2022–2027 (USD MILLION) 92
TABLE 59 SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL,
BY LOCK TYPE, 2018–2021 (USD MILLION) 92
TABLE 60 SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL,
BY LOCK TYPE, 2022–2027 (USD MILLION) 93
9.5 TRANSPORTATION & LOGISTICS 93
9.5.1 RISING ADOPTION OF BIOMETRICS-BASED ACCESS CONTROL USING SMART LOCKS BY AIRPORT OPERATORS TO DRIVE MARKET GROWTH 93
TABLE 61 SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL,
BY REGION, 2018–2021 (USD MILLION) 93
TABLE 62 SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL,
BY REGION, 2022–2027 (USD MILLION) 94
TABLE 63 NORTH AMERICA: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 94
TABLE 64 NORTH AMERICA: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 94
TABLE 65 EUROPE: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 95
TABLE 66 EUROPE: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 95
TABLE 67 APAC: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 95
TABLE 68 APAC: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 96
TABLE 69 ROW: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY REGION, 2018–2021 (USD MILLION) 96
TABLE 70 ROW: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY REGION, 2022–2027 (USD MILLION) 96
TABLE 71 SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL,
BY LOCK TYPE, 2018–2021 (USD MILLION) 97
TABLE 72 SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL,
BY LOCK TYPE, 2022–2027 (USD MILLION) 97
9.6 INDUSTRIAL 98
9.6.1 MANUFACTURING 98
9.6.1.1 Increased need for protecting people and properties across manufacturing sites to create growth opportunities for market players 98
9.6.2 OIL & GAS 98
9.6.2.1 Ability of smart locks to provide suitable and enhanced security to fuel their demand in oil & gas vertical 98
9.6.3 ENERGY & POWER 98
9.6.3.1 Rising demand for smart locks in energy and power vertical to prevent unauthorized access to drive market growth 98
TABLE 73 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL,
2018–2021 (USD MILLION) 98
TABLE 74 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL,
2022–2027 (USD MILLION) 99
TABLE 75 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 99
TABLE 76 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 99
TABLE 77 NORTH AMERICA: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL,
BY COUNTRY, 2018–2021 (USD MILLION) 100
TABLE 78 NORTH AMERICA: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL,
BY COUNTRY, 2022–2027 (USD MILLION) 100
TABLE 79 EUROPE: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 100
TABLE 80 EUROPE: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 101
TABLE 81 APAC: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 101
TABLE 82 APAC: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 101
TABLE 83 ROW: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 102
TABLE 84 ROW: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 102
TABLE 85 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY LOCK TYPE,
2018–2021 (USD MILLION) 102
TABLE 86 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY LOCK TYPE,
2022–2027 (USD MILLION) 103
10 SMART LOCK MARKET, BY REGION 104
10.1 INTRODUCTION 105
FIGURE 28 APAC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 105
TABLE 87 SMART LOCK MARKET, BY REGION, 2018–2021 (USD MILLION) 105
TABLE 88 SMART LOCK MARKET, BY REGION, 2022–2027 (USD MILLION) 106
10.2 NORTH AMERICA 106
FIGURE 29 NORTH AMERICA MARKET SNAPSHOT 107
TABLE 89 SMART LOCK MARKET IN NORTH AMERICA, BY COUNTRY,
2018–2021 (USD MILLION) 107
TABLE 90 SMART LOCK MARKET IN NORTH AMERICA, BY COUNTRY,
2022–2027 (USD MILLION) 108
TABLE 91 SMART LOCK MARKET IN NORTH AMERICA, BY VERTICAL,
2018–2021 (USD MILLION) 108
TABLE 92 SMART LOCK MARKET IN NORTH AMERICA, BY VERTICAL,
2022–2027 (USD MILLION) 108
TABLE 93 SMART LOCK MARKET IN US, BY VERTICAL, 2018–2021 (USD MILLION) 109
TABLE 94 SMART LOCK MARKET IN US, BY VERTICAL, 2022–2027 (USD MILLION) 109
TABLE 95 SMART LOCK MARKET IN CANADA, BY VERTICAL, 2018–2021 (USD MILLION) 109
TABLE 96 SMART LOCK MARKET IN CANADA, BY VERTICAL, 2022–2027 (USD MILLION) 110
TABLE 97 SMART LOCK MARKET IN MEXICO, BY VERTICAL, 2018–2021 (USD MILLION) 110
TABLE 98 SMART LOCK MARKET IN MEXICO, BY VERTICAL, 2022–2027 (USD MILLION) 110
10.2.1 US 111
10.2.1.1 US to hold largest share of North American smart lock market 111
10.2.2 CANADA 111
10.2.2.1 Growing awareness regarding internet-based safety and security to drive growth of smart lock market in Canada 111
10.2.3 MEXICO 111
10.2.3.1 Mexico to be lucrative market for smart locks 111
10.3 EUROPE 111
FIGURE 30 EUROPE MARKET SNAPSHOT 112
TABLE 99 SMART LOCK MARKET IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 112
TABLE 100 SMART LOCK MARKET IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 113
TABLE 101 SMART LOCK MARKET IN EUROPE, BY VERTICAL, 2018–2021 (USD MILLION) 113
TABLE 102 SMART LOCK MARKET IN EUROPE, BY VERTICAL, 2022–2027 (USD MILLION) 113
TABLE 103 SMART LOCK MARKET IN UK, BY VERTICAL, 2018–2021 (USD MILLION) 114
TABLE 104 SMART LOCK MARKET IN UK, BY VERTICAL, 2022–2027 (USD MILLION) 114
TABLE 105 SMART LOCK MARKET IN GERMANY, BY VERTICAL,
2018–2021 (USD MILLION) 114
TABLE 106 SMART LOCK MARKET IN GERMANY, BY VERTICAL,
2022–2027 (USD MILLION) 115
TABLE 107 SMART LOCK MARKET IN FRANCE, BY VERTICAL, 2018–2021 (USD MILLION) 115
TABLE 108 SMART LOCK MARKET IN FRANCE, BY VERTICAL, 2022–2027 (USD MILLION) 115
TABLE 109 SMART LOCK MARKET IN REST OF EUROPE, BY VERTICAL,
2018–2021 (USD MILLION) 116
TABLE 110 SMART LOCK MARKET IN REST OF EUROPE, BY VERTICAL,
2022–2027 (USD MILLION) 116
10.3.1 UK 116
10.3.1.1 Decline in cost of mobile broadband connection and increasing adoption of cloud infrastructure to boost demand for smart locks in UK 116
10.3.2 GERMANY 117
10.3.2.1 Growing adoption of internet-based security systems in various applications to drive market growth in Germany 117
10.3.3 FRANCE 117
10.3.3.1 Growing awareness regarding internet-based home security solutions and rising adoption of wireless portable consumer electronics to drive market growth in France 117
10.3.4 REST OF EUROPE 117
10.4 APAC 117
FIGURE 31 APAC MARKET SNAPSHOT 118
FIGURE 32 CHINA TO HOLD LARGEST SHARE OF APAC SMART LOCK MARKET DURING FORECAST PERIOD 119
TABLE 111 SMART LOCK MARKET IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 119
TABLE 112 SMART LOCK MARKET IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 119
TABLE 113 SMART LOCK MARKET IN APAC, BY VERTICAL, 2018–2021 (USD MILLION) 120
TABLE 114 SMART LOCK MARKET IN APAC, BY VERTICAL, 2022–2027 (USD MILLION) 120
TABLE 115 SMART LOCK MARKET IN CHINA, BY VERTICAL, 2018–2021 (USD MILLION) 120
TABLE 116 SMART LOCK MARKET IN CHINA, BY VERTICAL, 2022–2027 (USD MILLION) 121
TABLE 117 SMART LOCK MARKET IN JAPAN, BY VERTICAL, 2018–2021 (USD MILLION) 121
TABLE 118 SMART LOCK MARKET IN JAPAN, BY VERTICAL, 2022–2027 (USD MILLION) 121
TABLE 119 SMART LOCK MARKET IN SOUTH KOREA, BY VERTICAL,
2018–2021 (USD MILLION) 122
TABLE 120 SMART LOCK MARKET IN SOUTH KOREA, BY VERTICAL,
2022–2027 (USD MILLION) 122
TABLE 121 SMART LOCK MARKET IN INDIA, BY VERTICAL, 2018–2021 (USD MILLION) 122
TABLE 122 SMART LOCK MARKET IN INDIA, BY VERTICAL, 2022–2027 (USD MILLION) 123
TABLE 123 SMART LOCK MARKET IN REST OF APAC, BY VERTICAL,
2018–2021 (USD MILLION) 123
TABLE 124 SMART LOCK MARKET IN REST OF APAC, BY VERTICAL,
2022–2027 (USD MILLION) 123
10.4.1 CHINA 124
10.4.1.1 Increasing industrialization to fuel demand for smart lock systems in China 124
10.4.2 JAPAN 124
10.4.2.1 Rapid industrialization and modernization to create lucrative opportunities for market players in Japan 124
10.4.3 SOUTH KOREA 124
10.4.3.1 Rising demand for remotely managed and connected security devices to drive market growth in South Korea 124
10.4.4 INDIA 125
10.4.4.1 Rise in terrorist activities, crime rate, and data and security breaches to fuel demand for security and safety systems 125
10.4.5 REST OF APAC 125
10.5 ROW 125
TABLE 125 SMART LOCK MARKET IN ROW, BY COUNTRY, 2018–2021 (USD MILLION) 125
TABLE 126 SMART LOCK MARKET IN ROW, BY COUNTRY, 2022–2027 (USD MILLION) 126
TABLE 127 SMART LOCK MARKET IN ROW, BY VERTICAL, 2018–2021 (USD MILLION) 126
TABLE 128 SMART LOCK MARKET IN ROW, BY VERTICAL, 2022–2027 (USD MILLION) 126
TABLE 129 SMART LOCK MARKET IN MIDDLE EAST & AFRICA, BY VERTICAL,
2018–2021 (USD MILLION) 127
TABLE 130 SMART LOCK MARKET IN MIDDLE EAST & AFRICA, BY VERTICAL,
2022–2027 (USD MILLION) 127
TABLE 131 SMART LOCK MARKET IN SOUTH AMERICA, BY VERTICAL,
2018–2021 (USD MILLION) 127
TABLE 132 SMART LOCK MARKET IN SOUTH AMERICA, BY VERTICAL,
2022–2027 (USD MILLION) 128
10.5.1 MIDDLE EAST & AFRICA 128
10.5.1.1 Rising urbanization and increased adoption of IoT-based solutions to boost market growth 128
10.5.2 SOUTH AMERICA 128
10.5.2.1 Growing industrialization to create lucrative opportunities for players in South American market 128
11 COMPETITIVE LANDSCAPE 129
11.1 OVERVIEW 129
11.2 MARKET EVALUATION FRAMEWORK 129
TABLE 133 OVERVIEW OF STRATEGIES DEPLOYED BY KEY SMART LOCK PROVIDERS 129
11.2.1 PRODUCT PORTFOLIO 130
11.2.2 REGIONAL FOCUS 130
11.2.3 MANUFACTURING FOOTPRINT 130
11.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES 130
11.3 REVENUE ANALYSIS OF LEADING PLAYERS (2017–2021) 130
FIGURE 33 5-YEAR REVENUE ANALYSIS OF LEADING PLAYERS IN SMART LOCK MARKET 130
11.4 MARKET SHARE ANALYSIS: SMART LOCK MARKET, 2021 131
TABLE 134 DEGREE OF COMPETITION 131
11.5 COMPANY EVALUATION MATRIX 132
11.5.1 STAR 132
11.5.2 EMERGING LEADER 132
11.5.3 PERVASIVE 132
11.5.4 PARTICIPANT 132
FIGURE 34 COMPANY EVALUATION MATRIX, 2021 133
11.6 COMPETITIVE SITUATIONS AND TRENDS 134
11.6.1 PRODUCT LAUNCHES 134
TABLE 135 PRODUCT LAUNCHES, JANUARY 2020–NOVEMBER 2021 134
11.6.2 DEALS 135
TABLE 136 DEALS, JANUARY 2020–FEBRUARY 2022 135
12 COMPANY PROFILES 139
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
12.1 INTRODUCTION 139
12.2 KEY PLAYERS 139
12.2.1 ASSA ABLOY 139
TABLE 137 ASSA ABLOY: BUSINESS OVERVIEW 139
FIGURE 35 ASSA ABLOY: COMPANY SNAPSHOT 140
TABLE 138 ASSA ABLOY: PRODUCT/SOLUTION/SERVICE OFFERINGS 141
TABLE 139 ASSA ABLOY: DEALS 141
12.2.2 DORMAKABA 144
TABLE 140 DORMAKBA: BUSINESS OVERVIEW 144
FIGURE 36 DORMAKABA: COMPANY SNAPSHOT 145
TABLE 141 DORMAKABA: PRODUCT/SOLUTION/SERVICE OFFERINGS 145
TABLE 142 DORMAKABA: DEALS 146
TABLE 143 DORMAKABA: OTHERS 147
12.2.3 SPECTRUM BRANDS 148
TABLE 144 SPECTRUM BRANDS: BUSINESS OVERVIEW 148
FIGURE 37 SPECTRUM BRANDS: COMPANY SNAPSHOT 149
TABLE 145 SPECTRUM BRANDS: PRODUCT/SOLUTION/SERVICE OFFERINGS 149
TABLE 146 SPECTRUM BRANDS: PRODUCT LAUNCHES 150
12.2.4 SALTO SYSTEMS 152
TABLE 147 SALTO SYSTEMS: BUSINESS OVERVIEW 152
TABLE 148 SALTO SYSTEMS: PRODUCT/SOLUTION/SERVICE OFFERINGS 152
TABLE 149 SALTO SYSTEMS: PRODUCT LAUNCHES 153
TABLE 150 SALTO SYSTEMS: DEALS 153
TABLE 151 SALTO SYSTEMS: OTHERS 154
12.2.5 ALLEGION 155
TABLE 152 ALLEGION: BUSINESS OVERVIEW 155
FIGURE 38 ALLEGION: COMPANY SNAPSHOT 155
TABLE 153 ALLEGION: PRODUCT/SOLUTION/SERVICE OFFERINGS 156
TABLE 154 ALLEGION: PRODUCT LAUNCHES 156
TABLE 155 ALLEGION: DEALS 157
12.2.6 HONEYWELL 159
TABLE 156 HONEYWELL: BUSINESS OVERVIEW 159
FIGURE 39 HONEYWELL: COMPANY SNAPSHOT 160
TABLE 157 HONEYWELL: PRODUCT/SOLUTION/SERVICE OFFERINGS 160
12.2.7 DAHUA TECHNOLOGY 161
TABLE 158 DAHUA TECHNOLOGY: BUSINESS OVERVIEW 161
FIGURE 40 DAHUA TECHNOLOGY: COMPANY SNAPSHOT 162
TABLE 159 DAHUA TECHNOLOGY: PRODUCT/SOLUTION/SERVICE OFFERINGS 163
TABLE 160 DAHUA TECHNOLOGY: PRODUCT LAUNCHES 163
12.2.8 SAMSUNG 164
TABLE 161 SAMSUNG: BUSINESS OVERVIEW 164
FIGURE 41 SAMSUNG: COMPANY SNAPSHOT 165
TABLE 162 SAMSUNG: PRODUCT/SOLUTION/SERVICE OFFERINGS 165
TABLE 163 SAMSUNG: OTHERS 166
12.2.9 VIVINT 167
TABLE 164 VIVINT: BUSINESS OVERVIEW 167
FIGURE 42 VIVINT: COMPANY SNAPSHOT 167
TABLE 165 VIVINT: PRODUCT/SOLUTION/SERVICE OFFERINGS 168
TABLE 166 VIVINT: DEALS 168
12.2.10 ZKTECO 169
TABLE 167 ZKTECO: BUSINESS OVERVIEW 169
TABLE 168 ZKTECO: PRODUCT/SOLUTION/SERVICE OFFERINGS 169
TABLE 169 ZKTECO: DEALS 170
12.3 OTHER KEY PLAYERS 171
12.3.1 IGLOOCOMPANY 171
12.3.2 REMOTELOCK 172
12.3.3 ONITY 172
12.3.4 MASTER LOCK 173
12.3.5 MIWA LOCK 174
12.3.6 SENTRILOCK 175
12.3.7 AVENT SECURITY 175
12.3.8 HAVENLOCK 177
12.3.9 SHENZHEN VIANS ELECTRONIC LOCK 178
12.3.10 ANVIZ GLOBAL 178
12.3.11 CANDY HOUSE 179
12.3.12 AMADAS 179
12.3.13 KEYWE 180
12.3.14 GATE LABS 180
12.3.15 DESSMANN SCHLIESSANLAGEN 181
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.

13 APPENDIX 182
13.1 DISCUSSION GUIDE 182
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 185
13.3 AVAILABLE CUSTOMIZATIONS 187
13.4 RELATED REPORTS 187
13.5 AUTHOR DETAILS 188