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Smart Card Market with COVID-19 Impact by Interface, Type, Functionality, Offering, Vertical, and Region


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The smart card market is projected to reach USD 16.9 billion by 2026 from USD 13.9 billion in 2021; it is expected to grow at a CAGR of 4.0% from 2021 to 2026.
Asia Pacific (APAC) is the largest market for smart cards. The robust financial system that is being increasingly digitized and government agencies incorporating smart chip-based systems for better monitoring of processes are propelling several APAC countries to adopt smart card solutions owing to increasing demand, specifically in the transportation, BFSI, retail, government, and healthcare sectors. Smart cards are used to purchase tickets in metros, buses, and ferries, among others, in several countries in APAC. ....

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Perimeter Security Market to Witness Huge Growth by Key Players: Honeywell, Dahua Technology, Bosch Security Systems, Pelco and more. – KSU


The systems segment of the perimeter security market is broadly categorized into perimeter intrusion and detection systems, video surveillance system, access control, alarm and notification systems, and other systems. It involves the use of a wide variety of systems to enhance security measures.
Today’s demanding business environments require proficient handling of business processes by implementing tested solutions across organizations. Time consuming processes, lack of resources, and overhead costs involved in managing in-house services have forced organizations to outsource certain processes.
Asia Pacific (APAC) has witnessed an advanced and dynamic adoption of new technologies and is expected to record the highest CAGR in the global perimeter security market during the forecast period. APAC constitutes major economies, such as China, Japan, Singapore, and Australia and New Zealand, which are expected to register high growth rates in the perimeter security market. ....

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Worldwide Industry for Pin Insertion Machines to 2025 - Players Include Autosplice, Eberhard and Harmontronics


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The global pin insertion machine market is estimated to grow from USD 222.8 million in 2019 to USD 255.9 million by 2025, growing at a CAGR of 5.6% between 2020 and 2025.
The market has a promising growth potential due to several factors, including the increasing adoption of IoT-enabled connected devices, surging demand for data centers complemented by the outbreak of COVID-19, rising demand for flexible, cost-effective, and precise techniques for inserting connectors on PCBs, the emerging trend of miniaturization of electronic devices, and recent innovations in sophisticated automotive electronics.
COVID-19 sent both demand- and supply-side shocks across the global economy. Leading pin insertion machine provider TE Connectivity (Switzerland) has incurred significant losses owing to the pandemic. The company reported a decline of approximately 15% in its half-year revenue as compared to ....

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