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(Construction.IndustryNews247.Com, October 25, 2018 ) In the other commercial and service industry machinery manufacturing market, many companies have been implementing RFID and cloud infrastructure to their vending machines. This helps in the tracking and monitoring of inventory which in turn prevents fraudulent activities such as misuse and theft. RFID and cloud infrastructure technologies are providing insights to the customer for effective inventory management by keeping its electronic records. These also offer services to ensure that products such as manufacturing equipment and tools are correctly placed and are readily available by offering real-time visibility of inventory.
THE BUSINESS RESEARCH COMPANY VALUED THE OTHER COMMERCIAL AND SERVICES INDUSTRY MACHINERY MANUFACTURING MARKET AT $94 BILLION IN 2017
Asia Pacific was the largest region in the other commercial and service industry machinery manufacturing market in 2017, accounting for more than half of the global market.
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According to The Business Research Company’s Consultant, Nitin Gianchandani, pico projectors have registered significant increase in sales owing to mobility and high quality picture features offered by these projectors. They are small portable projectors widely used in home theatres and office presentations. It is battery operated, and weigh around a pound using LEDs for large displays. With the demand growing at 9.6% per annum and benefits such as mobility, longer operational time, enlarging any visual content, higher picture quality being offered, pico projectors have managed to create a significant market size. Integration of pico projectors with smartphones like Lenovo, Samsung, LG and Phillips have also seen a significant rise in sales in the past two years.
Download a sample of the report at: https://www.thebusinessresearchcompany.com/sample.aspx?id=467&type=smp
Casio was the largest competitor of the market, generating revenues of $3.03 billion in the year 2017. Casio’s growth strategy is to add new markets to its fold. Casio is also adding ecommerce to its distribution mix in a bid to up its consumer experience. Mr. Koji Naka, Managing Director, Casio Middle East informs that the strategy for this will be collaborating with leading ecommerce players. Casio intends to be target driven on this and expects growth from ecommerce offer.
The other commercial and service industry machinery manufacturing industry comprises establishments mainly involved in manufacturing commercial and service industry equipment, such as amusement park rides, water treatment equipment, vending machines, commercial cooking equipment, and commercial washing machines.
Other Commercial And Service Industry Machinery Manufacturing Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
About The Business Research Company.
The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.
The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.
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