Real Time Location System Market Size 2021 COVID19 Impact Analysis

Market Highlights

The Real-Time Location Systems Market has been segmented based on type and application. The type segment has been further segmented as radio frequency identification (RFID), Wi-Fi, ultrasound, infrared, and ZigBee (Bluetooth Low Energy). RFID accounts for the largest market share, by type, with 46.5% in 2018 and is projected to register a CAGR of 26.7% during the forecast period. Furthermore, the applications segment has been segmented as healthcare, government and defense, transportation & logistics, industrial manufacturing, and retail. The healthcare industry holds the largest market due to high demand of the systems for tracking and monitoring devices and individuals.

The increasing demand for RTLS in the healthcare industry is considered as a major factor for driving the market. RTLS has shown potential to transform hospital processes such as asset temperature monitoring, bed capacity management, patient/provider workflow, patient elopement, security, and other location-dependent applications. RTLS enables a more accurate assessment of the exact number, location, and functionality of medical devices which has enabled hospitals to focus on improving patient care and reduce capital expenses. These systems also identify and manage inefficient use of human resources. Moreover, the increasing demand for RTLS due to Industry 4.0 is another factor that drives the market growth. Industrial processes are increasingly getting automated due to the rapid development of technologies including IoT, artificial intelligence (AI), machine learning, and virtual reality. There is a rise in demand for asset tracking solutions such as RTLS in manufacturing due to the benefits it has offered in terms of providing full visibility of assets, processes, resources, and products.

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Prominent Players

Some of the Prominent Players in the global real-time location system (RTLS) market are IBM Corporation, Zebra Technologies Corporation, STANLEY Healthcare, General Electric Company, Siemens AG, Airista Flow, Inc., Sonitor Technologies Inc., RF Technologies, Inc., IDENTEC SOLUTIONS, PLUS Location Systems USA, LLC, PINC Solutions, Radianse, Essensium, CenTrak, and TeleTracking Technologies, Inc.

According to Market Research Future analysis, the global real-time location system (RTLS) market has reached USD 1.875 billion in 2018 and has been estimated to be valued at USD 23.9042 billion by 2028 at 28.7 % CAGR during the forecast period 2019–2028.

The MRFR analysis offers a comprehensive understanding of market dynamics. The global real-time location system (RTLS) market is analyzed across key geographies, namely North America, Europe, Asia-Pacific, and the rest of the world. The media and entertainment market in North America is expanding due to the presence of key market players and their investments in countries including the US and Canada.

The global real-time location system (RTLS) market has been segmented on the basis of type, application, sales channel and region. The global real-time location system (RTLS) market, by type, has been segmented into RFID, Wi-Fi, ultrasound, infrared, and ZigBee.

The RFID segment accounted for the largest market share of USD 872.5 million in 2018 and is expected to register a CAGR of 26.7% during the forecast period. The ultrasound segment is expected to register the highest CAGR of 31.0% during the forecast period.

By application, the global real-time location system market has been segmented into healthcare, transportation and logistics, industrial manufacturing, government & defense, and retail.

The healthcare sector offers a large number of applications for real-time location systems. Hospitals and clinics make use of this technology for tracking, monitoring, and managing assets such as medical equipment through real-time access to location data and status of equipment. RTLS helps hospitals reduce inventory costs, reduce the time taken by nurses, technicians and other healthcare professionals to locate missing equipment, reduce the number of thefts of expensive medical equipment, and automate the maintenance process. The healthcare segment accounted for the largest market share of USD 1.1252 billion in 2018 and is expected to register a CAGR of 26.8% during the forecast period. The industrial manufacturing segment is expected to register the highest CAGR of 31.9% during the forecast period.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

 

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Solutions, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

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New Book by Douglas Alan Walrath

ADELAIDE BOOKS is proud to present the latest work by Douglas Alan Walrath - The Daredancers: A Novel

At some point in their lives most people realize they would have to dance on life’s edges to pursue what they want or believe in. A few do it. They dare to dance in The Daredancers.

Molly Hutchins, a schoolteacher, widowed young and held captive by her memories for a dozen years, chances new love with Frank Perelli whose wife has been institutionalized for many years with violent dementia. They dance on the edge. Then the music stops. Walter (Mac) Macdonald, a gutsy compassionate truthteller minister with other daredancers, becomes one himself when he encounters a caring cosmic Force that seems more present than the God he was taught to believe in. He dares to include his discovery in his dance of faith. It’s risky. But so is his friendship with the delightfully irreverent gay agnostic philosophy professor, Wilson Morton. He’s venturing outside the box—along with Kate Klein who brings out the Mac in him.

The Daredancers features real-life people who come passionately alive in interweaving strands of suspense that draw the reader into their “beyond-the-edge” venturing. The novel is very accessible yet has a literary-fiction depth that surprises and demands discussion—which makes it an ideal read for book groups. It appeals especially to readers hungry for provocative fiction with substance.

 

Douglas Alan Walrath has worked as an insurance investigator, musician, factory worker, pastor, teacher, farmer, and most recently a professor of practical theology. For many years he travelled the US, Canada, and England as a strategic planning and conflict management consultant. He is the author or co-author of a dozen books in the fields of American culture, church leadership, literary criticism, and literary fiction. He lives in Maine where he and Sherry, his wife, garden organically, play traditional jazz, and enjoy challenging conversation.

 

Title:  The Daredancers
Author:  Douglas Alan Walrath
Publisher: Adelaide Books
Publisher Website: https://adelaidebooks.org/
Publisher Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
ISBN:  978-1955196208
Price:  $19.60
Page Count:  274 pages
Formats: Paperback

 

Description of the company: ADELAIDE BOOKS LLC is a New York based independent company dedicated to publishing literary fiction and creative nonfiction. It was founded in July 2017 as an imprint of the Adelaide Literary Magazine, with the aim to facilitate publishing of novels, memoirs, and collections of short stories, poems, and essays by contributing authors of our magazine and other qualified writers.

Employability Skills initiative launched by Learn Now

It has come as no surprise that individuals need to be on top of their employability skills more than ever and that is why Learn Now online learning college has implemented a course that will help not only get people back into jobs but also help them progress with their chosen career. 

Covid-19 has brought with it many issues and uncertainty, such as the severe disruption to education over the last 18 months. As an example, IGCSE students have been affected immensely with summer exams being cancelled twice; firstly, in the 2020 series and then again in the 2021 series. Many students of Learn Now, studying Edexcel online IGCSE courses have been unable to sit examinations in the traditional way and have had no choice but to receive predicated grades based on assessments and mock exams. Although some students thrive on coursework, there are still many who were not expecting these cancellations and were solely relying on putting everything into their final examinations. 

Like education, the Covid-19 pandemic is also responsible for 100s of people being made redundant and losing their jobs. Because of the constant lockdowns and start-stop of many businesses, this has meant that they have become totally unsustainable and although they may have been recession proof, they certainly did not anticipate having to be pandemic proof.

Recognising that there is a skills gap simply in applying for jobs, Learn Now have introduced an Employability Skills course, which is free of charge and will cover many important factors that have an effect on not only whether applicants are successful with their job application but also whether they will actually be invited to attend an interview. The Employability Skills course will start with the basics and not only help learners recognise where they are at the moment but also where they want to be in the future; giving everyone time to reflect on the positives. It will look at the various interview methods and guide potential job applicants through each style so that they are prepared for any outcome; helping them gain the confidence needed to smash that interview.  

With competition in the jobs market at its highest level for many years, it is now more important than ever that applicants brush up on their skills and prepare themselves properly for that all-important job application process.

 

 

Mid Range FPGAs Reach the Next Power and Performance Milestone for Edge Compute Systems

Edge compute systems need compact programmable devices with low power consumption and a small enough thermal footprint to eliminate fans and other heat mitigation while providing robust compute horsepower. Microchip Technology Inc. (Nasdaq: MCHP) has solved this challenge by cutting static power consumption for its mid-bandwidth Field Programmable Gate Arrays (FPGAs) and FPGA System-on-Chip (SoC) devices in half and giving them the smallest thermal footprint and best performance and compute horsepower compared to all alternative devices in their class.

“Our new PolarFire FPGAs and FPGA SoCs reduce our customers’ system costs while enabling them to solve difficult thermal management challenges without having to forfeit bandwidth,” said Bruce Weyer, vice president of Microchip’s FPGA business unit. “The award-winning PolarFire FPGA platform already delivered the industry’s best combination of power and performance, and now we have reduced power consumption by up to 50 percent or more with the introduction of lower density offerings, while maintaining best-in-class capabilities on these platforms. No other offering in this class can match these capabilities.”

With their ultra-low power consumption, Microchip’s latest low-density PolarFire FPGAs (MPF050T) and PolarFire SoC (MPFS025T) additions exceed the performance/power metrics of any low-density FPGA or SoC FPGA alternatives in the market, with fast FPGA fabric and signal processing capabilities, the most capable transceivers and the industry’s only hardened application class RISC-V® architecture-based processor complex with 2 megabytes (MB) of L2 cache and Low-Power DDR4 (LPDDR4) memory support. Extending the portfolio with a 25K logic elements multi-core RISC-V SoC and a 50K logic elements FPGA opens new application possibilities. They are ideal for low-power smart embedded vision applications and thermally constrained automotive, industrial automation, communications, defense and IoT systems where neither power nor performance can be compromised.

The new PolarFire devices are complemented by a suite of Microchip devices for complete systems solutions for applications including smart embedded vision, machine learning, security, aerospace and defense, and embedded compute. They also provide plug-and-play solutions for power and timing designs. Lead customers are using the PolarFire devices to solve a variety of design challenges.

“As one of the world’s major suppliers of video converter hardware and software, we are always striving to meet demanding market requirements as we work with our customers to enable exciting new use cases,” said Nick Ma, CEO and CTO at Magewell. “Microchip’s PolarFire FPGA solution expands our opportunities to innovate with our USB 3.2 video capture product line. It offers ideal dimensions, industry-low power consumption and a unique combination of mid-range transceivers, logic, DSP and RAM resources.”

“Xenics is a pioneer in infrared imaging technology with a 20-year legacy of delivering a best-in-class portfolio of short-wave, mid-wave and long-wave infrared imagers, cores and cameras. SWaP (Size, Weight and Power) are extremely important considerations while designing a thermal imaging system,” said Frederic Aubrun, CCO of Xenics. “These are key differentiating capabilities for our customers. Microchip’s SmartFusion 2® and PolarFire FPGAs provide us the best balance between small form factor, power efficiency and processing resources required to support embedded algorithms like shutter-less compensation and image enhancement within an extremely low power budget in our current and next-generation product portfolios.”

“Kaya Instruments prides itself in designing industrial-grade, small-form-factor, low-power cameras that are capable of providing the best quality video under most challenging and severe conditions,” said Michael Yamposkly, Founder and CEO of Kaya Instruments. “The PolarFire FPGA-based Iron cameras utilize the FPGA’s small form factor and low-power performance to offer a compact outline that can be fitted into tight spaces while presenting the magnificent quality of the most advanced global-shutter CMOS sensor with excellent low-light performance.”

 

Availability

Developers can begin designing with Microchip’s PolarFire FPGAs and FPGA SoCs now using the company’s recently released Libero® 2021.2 software tools, which are available on the company’s website. Volume shipment of production silicon is scheduled for the first calendar quarter of 2022. Complete product information is available here.

 

Resources

Application Image: www.flickr.com/photos/microchiptechnology/51339717174/sizes/l/

 

About Microchip Technology

Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company’s solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.

Community HVAC Services Completes Re Brand Changes Name to Mission Comfort

Waldorf, MD: August 16, 2021 – The premier Walford HVAC service company has unveiled a new name and service expansion as part of an extensive rebranding initiative.

After serving the local community for more than 15 years, it has changed its name to Mission Comfort – which goes to the very core of its strategy to deliver home comfort for residential clients.

It has also increased its service provision, adding heating and air conditioning repair services – but one thing remains the same – a commitment to deliver a tremendous all-round client experience.

Mission Comfort will continue to serve the Waldorf, MD, area and surrounding communities throughout Charles County, Montgomery County, and Prince George’s County.

Their expert teams are now available to offer repair, installation and maintenance services for heating, air conditioning, heat pumps, boilers, ductless mini-split systems, and commercial HVAC. It is also available to provide emergency services.

“Our new name truly reflects our desire, and deep pride, in providing comfort to our community. It is our number one mission,” commented business owner Ron Nelson.

He explained that the rebrand also comes with a new logo for the company and a new website to reflect the broader range of services it can offer to the community.

As for the name, Mr Nelson explained that the all-new look – including new livery on their vans – gives the company a chance to upscale its presence on the streets of the Washington, D.C. area.

“When you have heating or cooling questions, you can easily find answers right here at Mission Comfort,” he added.

Their mission remains to promote positive change within the community. The company does this by dedicating 10% of its profits to community organizations and programs that enrich the community, such as assisting local schools and other learning facilities in need.

To back up its client-focused approach, its services have been garnering five-star customer reviews. Shari Monadizadeh commented: “I want to thank Ron for his kindness and professionalism! He took the time to explain everything going on with my HVAC system and in a way I could understand. I would use this company in a heartbeat again.”

Pat Toomey added: “Ron and his crew were really well prepared and professional. The entire installation took a long day but we were back up and enjoying the comforts the same day.”

If you want to book an appointment or require more information, call Ron on (301) 453-2420 or email This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it.. Alternatively, check out their full scope of services at https://www.missioncomfort.com/.