Artificial Intelligence
Worldwide Electric Wheelchair Industry to 2027 – Emergence of Technologically Advanced Products Presents Opportunities
Dublin, Feb. 12, 2021 (GLOBE NEWSWIRE) — The “Electric Wheelchair Market by Product Type: Global Opportunity Analysis and Industry Forecast, 2021-2027” report has been added to ResearchAndMarkets.com’s offering.
The electric wheelchair is a motorized wheelchair equipped with wheels and a set of batteries to provide the required power to move the wheelchair in the desired direction, causing less physical exertion. These chairs do not require any human assistance for mobility.
The factors that drive the growth of the global electric wheelchair market include upsurge in elderly population globally; necessity for automated, independent wheelchair; increase in government expenditure on healthcare, and high disposable income in developed countries such as the US, the UK, and Germany.
However, high cost of power wheelchair and lack of awareness & infrastructure supporting easy access of wheelchair restrain the growth of the market. On the contrary, launch of smart wheelchair integrated with artificial intelligence control systems and The rise in willingness among individuals toward active & independent lifestyle are expected to offer potential opportunities for manufacturers to innovate and develop new products according to consumer preferences.
The global electric wheelchair market presently has witnessed a balanced growth, and is anticipated to grow with a steady CAGR during the forecast period. A considerable increase in disposable income was observed over the past decade. North America and Asia-Pacific are the prominent markets for electric wheelchair, owing to widespread adoption of electric wheelchair in the region. The global electric wheelchair market is segmented into product type and region. Depending on product type, the market is fragmented into center wheel drive, front wheel drive, rear wheel drive, standing electric wheelchair, and others. The others segment includes sports wheelchair, pediatric wheelchair, and high power electric wheelchair. Among these products, center wheel drive witnessed maximum demand; thus, the segment garnered the largest share in the global electric wheelchair market.
The key players profiled in the report are OttoBock Healthcare GmbH, Invacare Corporation, Pride Mobility Products Corp, Permobil AB, Sunrise Medical Limited, MEYRA GmbH, Matsunaga Manufactory Co., Ltd., Karma Medical Products Co., Ltd., Miki Kogyosho Co. Ltd., and Nissin Medical Industries Co., Ltd.
OTHER PROMINENT players analyzed in the report are Drive Medical Ltd., GF Health Products, Inc., Invacare Corporation., Karman Healthcare, and LEVO AG.
The market is analyzed across four regions, including North America, Europe, Asia-Pacific, and LAMEA. North America is expected to dominate the global market during the analysis period, due to the presence of multiple established manufacturers of electric wheelchair in the U. S. and Canada. However, the market in Asia-Pacific is expected to grow at a significant rate, owing to increase in geriatric population and The rise in expenditure in the emerging markets such as India and China to cater to the unmet medical requirements. Enhancements in technology to develop cost-effective power wheelchair in these nations are further anticipated to offer lucrative opportunity for the expansion of the electric wheelchair industry.
Key Topics Covered: Chapter 1: Introduction Chapter 2: Executive Summary Chapter 3: Market Overview Chapter 4: Electric Wheelchairs Market, by Product Type Chapter 5: Electric Wheelchairs Market, by Region Chapter 6: Competition Landscape Chapter 7: Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/xkmjtu
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
2.1. Key Findings
2.2. Cxo Perspective
3.1. Market Definition and Scope
3.2. Key Findings.
3.2.1. Top Investment Pockets
3.3. Porter’s Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Bargaining Power of Buyers
3.3.3. Threat of Substitution
3.3.4. Threat of New Entrants
3.3.5. Intensity of Competitive Rivalry
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Upsurge in Geriatric Population
3.4.1.2. Increase in Incidence of Spinal Deformities
3.4.1.3. Increase in Incidence of Disabilities and Accidents
3.4.2. Restraints
3.4.2.1. Inaccessibility to Quality Healthcare and Infrastructure in Developing Regions
3.4.2.2. High Cost Compared to Manual Wheelchair to Impede Market Proliferation
3.4.3. Opportunities
3.4.3.1. Emergence of Technologically Advanced Products
3.4.3.2. Untapped Opportunities in Developing and Underdeveloped Economies
3.5. Pricing Analysis
3.6. Impact of Key Regulations
3.6.1. U. S.
3.6.2. Japan
3.6.3. China
3.6.4. Australia
3.6.5. Middle East
3.6.6. Europe
3.7. Wheelchair Renting Policy in Japan
3.8. Impact of Covid-19
3.8.1. Overview
3.8.2. Multiple Scenario
3.8.3. Post Covid-19 Supply Chain Dynamics
3.9. Go-To-Market Strategy Analysis
3.9.1. Overview
3.9.1.1. Target Customer
3.9.1.2. Value Proposition
3.9.1.3. Pricing Strategy
3.9.1.4. Promotions, Marketing, and Distribution
3.9.1.5. Conclusion
3.9.2. Opportunities from the Target Market
3.9.3. Value Chain Analysis
3.10. Product Offering and Expansion Analysis
3.10.1. Product Offerings by Leading Players
3.10.2. Product Innovations
3.10.3. Top Winning Strategies Adopted by Leading Players
3.10.4. Product Expansion Strategies by Leading Players
4.1. Overview
4.1.1. Market Size and Forecast, by Product Type
4.2. Centre Wheel Drive
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Front Wheel Drive
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
4.4. Rear Wheel Drive
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Analysis, by Country
4.5. Standing Electric Wheelchair
4.5.1. Key Market Trends, Growth Factors, and Opportunities
4.5.2. Market Size and Forecast, by Region
4.5.3. Market Analysis, by Country
4.6. Others
4.6.1. Key Market Trends, Growth Factors, and Opportunities
4.6.2. Market Size and Forecast, by Region
4.6.3. Market Analysis, by Country
5.1. Overview
5.2. North America
5.3. Europe
5.4. Asia-Pacific
5.5. LAMEA
6.1. Overview
6.2. Market Share Analysis 2019
6.3. Top Winning Strategies
6.4. Product Mapping
6.5. Competitive Dashboard & Heatmap
6.5.1. Competitive Heatmap
6.6. Key Developments
6.6.1. Acquisition
6.6.2. Business Expansion
6.6.3. Exhibition & Conference Marketing
6.6.4. Partnership
6.6.5. Product Innovation
6.7. Emerging Companies
6.7.1. List of 10 Companies Similar to Kangni Smart
6.7.2. Case Study of a Successful Company Through Effective Strategies
6.7.2.1. Introduction
6.7.2.2. Product Differentiation Strategy
6.7.2.3. Distribution Strategy
6.7.2.4. Advertising and Marketing Strategy
6.7.2.5. Global Expansion Strategies
6.7.2.6. Conclusion
6.7.2.7. Additional Information
7.1. Invacare Corporation
7.1.1. Company Overview
7.1.2. Key Executive
7.1.3. Company Snapshot
7.1.4. Product Portfolio
7.1.5. R&D Expenditure
7.1.6. Business Performance
7.1.7. Key Strategic Moves and Developments
7.2. Karma Medical Products Co. Ltd.
7.2.1. Company Overview
7.2.2. Key Executive
7.2.3. Company Snapshot
7.2.4. Product Portfolio
7.2.5. Key Strategic Moves and Developments
7.3. Matsunaga Manufactory Co. Ltd.
7.3.1. Company Overview
7.3.2. Key Executive
7.3.3. Company Snapshot
7.3.4. Product Portfolio
7.3.5. Key Strategic Moves and Developments
7.4. Meyra Group
7.4.1. Company Overview
7.4.2. Key Executive
7.4.3. Company Snapshot
7.4.4. Operating Business Segments
7.4.5. Product Portfolio
7.4.6. Key Strategic Moves and Developments
7.5. Miki Kogyosho Co. Ltd.
7.5.1. Company Overview
7.5.2. Key Executive
7.5.3. Company Snapshot
7.5.4. Product Portfolio
7.6. Nissin Medical Industries Co. Ltd.
7.6.1. Company Overview
7.6.2. Key Executive
7.6.3. Company Snapshot
7.6.4. Product Portfolio
7.7. Ottobock Se & Co Kgaa
7.7.1. Company Overview
7.7.2. Key Executive
7.7.3. Company Snapshot
7.7.4. Operating Business Segments
7.7.5. Product Portfolio
7.8. Permobil Ab
7.8.1. Company Overview
7.8.2. Key Executive
7.8.3. Company Snapshot
7.8.4. Product Portfolio
7.8.5. Key Strategic Moves and Developments
7.9. Pride Mobility Products Corp.
7.9.1. Company Overview
7.9.2. Key Executive
7.9.3. Company Snapshot
7.9.4. Operating Business Segments
7.9.5. Product Portfolio
7.9.6. Key Strategic Moves and Developments
7.10. Sunrise Medical (U. S.) LLC
7.10.1. Company Overview
7.10.2. Key Executive
7.10.3. Company Snapshot
7.10.4. Operating Business Segments
7.10.5. Product Portfolio
7.10.6. Key Strategic Moves and Developments
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Artificial Intelligence
Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services
LONDON, June 14, 2024 /PRNewswire/ — ViCA.Chat, the Virtual Compliance Assistant powered by AI technology, is set to transform regulatory compliance consulting. Developed by ComplyMAP Group’s AI engineers and Complyport’s compliance consulting teams, ViCA redefines compliance support services and propels governance, risk and compliance consulting into a new era of innovation.
Offering real-time assistance across a vast array of UK and EU regulatory frameworks, ViCA delivers unparalleled efficiency, detail and precision in disentangling and dealing with complicated regulatory frameworks.
The key differentiator of ViCA is its specialised and purposely constructed unique databases that leverage Complyport’s 22 years of regulatory expertise, combined with tailored AI training tools, enabling ViCA to operate as an experienced compliance consultant. A dedicated human support team continuously improves and updates ViCA’s knowledge and responses through a feedback loop process and quality assurance sessions. This powerful symbiosis of AI and human expertise sets ViCA apart and ensures businesses have the latest regulatory information instantaneously and seamlessly.
As a result, ViCA’s specialised regulatory database goes beyond readily available online resources which feature into traditional AI tools. ViCA offers exclusive insights, proprietary regulatory interpretations, historical data, bespoke and purposely structured compliance documentation and templates. With advanced scraping capabilities, ViCA also extracts relevant data from selected websites and publicly available information, ensuring an up-to-date and comprehensive understanding of compliance requirements across industries.
From agile fintech startups to established law firms, financial institutions, regulatory bodies, insurance providers, as well as compliance consultants, ViCA seamlessly adapts to unique compliance needs. Its user-friendly interface ensures navigating and analysing regulatory data is swift and intuitive, streamlining the compliance workflow.
“ViCA is a game-changer in how regulatory compliance advice will be provided in the future”, commented Luis Parra, Managing Director of ViCA. “With ViCA, compliance insights become available to all. No longer are regulated firms and responsible people overly dependent on advisors and compliance consultants. Through ViCA, the financial system will not only meet but exceed regulatory standards. Moreover, the level of information made available to the public will benefit society as a whole, in its interactions with the financial services sector.”
Among ViCA’s revolutionary features is its cost-effective model, allowing businesses to significantly reduce reliance on traditional spending with external consultants and advisors.
Visit ViCA.Chat to experience the future of compliance support.
Contact:
Name: Luis ParraTitle: Managing DirectorCompany: Vica.ChatTelephone: +44 20 7399 4980 Email: [email protected]
About ViCA.Chat:
ViCA.Chat is a revolutionary Virtual Compliance Assistant powered by cutting-edge AI technology, designed to demystify the complexities of regulatory compliance. Utilising Complyport’s 22 years of regulatory expertise, ViCA offers real-time assistance and guidance across a wide range of regulatory frameworks, setting a new standard for efficiency and precision in compliance support. From fintech start-ups to established law firms, financial services institutions, regulators, regulatory firms, compliance consultants and insurance firms, ViCA caters to the diverse needs of professionals across all levels in the broader UK financial services sector.
Visit ViCA.Chat to learn more.
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Artificial Intelligence
LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™
CHICAGO, June 14, 2024 /PRNewswire/ — The LoRa and LoRaWAN IoT Market is expected to reach USD 32.7 billion by 2029 from USD 8.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 32.4 % during 2024–2029, according to a new report by MarketsandMarkets™.
Browse in-depth TOC on “LoRa and LoRaWAN IoT Market”
320 – Tables 58 – Figures294 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2018-2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
Offering, Network Deployment, Application, End User, and Region
Region covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
List of Companies in LoRa and LoRaWAN IoT
The Bosch Group (Germany), Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US).
The LoRaWAN ecosystem influences development of tools, software libraries, and cloud-based platforms that streamline the creation, deployment, and management of IoT solutions. Continuously evolving, this ecosystem boasts a burgeoning array of vendors providing LoRa-compliant devices, gateways, and network management solutions. This vibrant competition within the ecosystem propels innovation while driving down costs for end-users. Moreover, the development of interoperable solutions fosters seamless integration and deployment of LoRaWAN networks, simplifying the implementation process for businesses and organizations. As the ecosystem continues to expand and mature, it empowers developers, system integrators, and IoT enthusiasts to unleash their creativity, accelerate time-to-market, and unlock the full potential of LoRaWAN technology in diverse applications and industries.
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Based on network deployment, the public network segment to hold the largest market size during the forecast period.
The robust security features integrated into public LoRaWAN networks play a significant role in driving the growth and adoption of LoRaWAN technology in the market. End-to-end encryption ensures that data transmitted between devices and gateways is protected from unauthorized access or interception, safeguarding sensitive information such as sensor readings, location data, and command messages. Message integrity checks verify the integrity of data packets, detecting any tampering or alteration during transmission and ensuring data authenticity and reliability. Additionally, mutual authentication mechanisms establish trust between devices and gateways, verifying the identity of both parties before allowing communication to occur. These security measures provide organizations and end-users with confidence in the integrity and confidentiality of their data, mitigating concerns related to data privacy, cybersecurity threats, and regulatory compliance. As a result, implementing robust security features in public LoRaWAN networks enhances trust and credibility in the technology, driving increased adoption and market growth as organizations seek reliable and secure connectivity solutions for their IoT deployments.
By offering, the services segment is expected to hold a higher growth rate during the forecast period.
IoT service providers are pivotal in driving adoption by developing vertical-specific solutions finely tuned to the distinct needs of industries like agriculture, healthcare, logistics, and smart cities. In agriculture, for instance, IoT services offer solutions for precision farming, crop monitoring, and livestock management, enabling farmers to optimize irrigation, monitor soil health, and enhance yields. Similarly, IoT services facilitate remote patient monitoring, asset tracking, and inventory management in healthcare, improving patient care, reducing costs, and ensuring compliance with regulatory standards such as HIPAA. In logistics, IoT services provide real-time tracking of shipments, fleet management, and predictive maintenance, enhancing supply chain visibility, efficiency, and reliability. For smart cities, IoT services offer solutions for traffic management, waste management, energy optimization, and public safety, transforming urban infrastructure and enhancing the quality of life for residents. By addressing industry-specific challenges, compliance requirements, and use cases, vertical-specific IoT solutions deliver tangible business value, driving adoption and fueling the growth of the IoT services market across diverse sectors.
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Asia Pacific is expected to hold a higher growth rate during the forecast period.
In the Asia Pacific region, where agriculture serves as a cornerstone of many economies, adopting IoT technologies, particularly LoRa and LoRaWAN, is revolutionizing traditional farming practices. LoRaWAN’s long-range connectivity and low-power consumption make it well-suited for deployment in rural agricultural settings, where access to reliable connectivity may be limited. Through LoRa-based IoT solutions, farmers can implement precision agriculture techniques to address pressing challenges such as water scarcity, soil degradation, and unpredictable weather patterns. LoRa-enabled sensors facilitate real-time monitoring of soil moisture levels, temperature, and humidity, allowing farmers to optimize irrigation schedules and conserve water resources. Remote sensing technologies powered by LoRaWAN enable farmers to gather actionable insights on crop health, pest infestations, and nutrient deficiencies, facilitating timely interventions and improving overall crop management practices. Furthermore, LoRa-based crop analytics platforms provide farmers with data-driven decision support tools, helping them optimize planting strategies, improve yield forecasting, and mitigate the impact of climate change on agricultural productivity. By harnessing the power of LoRa and LoRaWAN IoT solutions, farmers in the Asia Pacific region can increase yields, conserve resources, and enhance resilience to environmental challenges, driving the adoption and growth of the LoRaWAN IoT market in the agricultural sector.
Top Key Companies in LoRa and LoRaWAN IoT Market:
The major vendors covered in the LoRa and LoRaWAN IoT Market are The Bosch Group (Germany), Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the LoRa and LoRaWAN IoT Market.
Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting
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Artificial Intelligence
Scoring a Seat at UEFA EURO 2024™ with Top-Performing AI-Powered TOSHIBA TV Lineup
HONG KONG, June 14, 2024 /PRNewswire/ — Football fans are in for a treat as they gear up for UEFA EURO 2024™ with Toshiba TV’s top-performing Gaming TV Z670. As the OFFICIAL TV OF UEFA EURO 2024™, Toshiba TVs present immersive viewing of the football game by their AI-powered TV lineup. To celebrate the brilliant moments it can bring, Toshiba TV are gifting USD100 Amazon Gift Card via their social platform! By simply like, follow and comment on @ToshibaTVGlobal, fans can boost their chances of scoring this prize.
Optimized Visuals Tailored for Football Dynamics
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Powerful Audio Effects for a Live Stadium Experience
The Toshiba TV Z670’s powerful audio system makes viewers feel like they’re right in the game. With the REGZA Bass Woofer Pro, Tru Bass Booster, and Dolby Atmos, they’ll experience heart-thumping 3D surround sound that captures the live stadium atmosphere. Whether it’s the roar of the crowd or the intensity of each play, the rich audio brings the excitement of each game right into their room.
Bringing Everyone Together for UEFA EURO 2024™
Available in sizes ranging from 55″ to 85″, Z670 is equipped with a Wide Viewing Angle and Anti-reflection features that ensures a clear picture from all viewing positions with the non-glare panel. Gather everyone for “Brilliant Every Moment” in UEFA EURO 2024™ with Toshiba TV!
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About Toshiba TV:
With 70+ years of history in TV production, Toshiba TV is known for its exquisite craftsmanship, innovative ideas and groundbreaking inventions. By prioritizing superior image quality and auditory experiences, Toshiba TV sets new standards in entertainment. Toshiba TV stems from the excellence quest of customers, providing the world with responsible products to make the world a better place. Emphasizing attention to product details and technological advancement, Toshiba TV integrates aesthetically pleasing design, quality assurance, and brand reputation to underscore its commitment to authenticity in the actual world and a sincere dedication to its consumers, showcasing Toshiba TV’s long-standing design philosophy and continuous pursuit of product quality.
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