A New Report Has Revealed Government Regulations Will Grow The Global BIM Market By a Fifth…

A new report has revealed the global Building Information Modelling (BIM) market will grow by a fifth over the next six years.

Allied Market Research has claimed the industry will hit $11.7bn by 2020. This will be driven predominately by government legislation pushing for BIM to be utilised more frequently on projects.

The World Building Information Modelling Market report said the growth projection was also based on demand within the sector, awareness of BIM, and a boom in the Asian property sector.

The construction sector has embraced BIM. In the UK new regulation have forced firms to become compliant in BIM Level 2 to tender for public sector contracts, and similar moves have been made in other global markets.

The report suggests construction remains an important driver of the technology and is the main consumer of BIM. By 2022 it is expected nearly 63 per cent of the global consumer market will be in construction.

The report noted cloud-based deployment is expected to grow at the fastest rate due to the easy accessibility and the cost effectiveness of it.

The market is also expected to be dominated by the software segment, which will have nearly a three-fourth market share by 2022.

The report concluded that “BIM has emerged as an ideal alternative to traditional CAD software, owing to its suitability over a variety of operational issues such as cost management, handling raw data and information and alignment of processes”.

Source: http://planningandbuildingcontroltoday.co.uk/bim/global-bim-market-set-grow-fifth/25404/

Wearable Product Makers Explore Their Innovative Side to Make Our Lives Better

Wearable device manufacturers are seen expanding their reach to change how many carry out their day to-day chores. 

Wearable electronic products that are found useful by medical practitioners and other sectors are proliferating among consumers worldwide. Aspiring wearable designers and intelligent component manufacturers are finally benefitting from the wearable technology market say researchers at the Allied Market Research (AMR). Furthermore, information technology, security companies as well as third party enterprises including health insurers are making huge profits from the recent developments in the wearable technology market.

Industry experts eyeing the size and share and demands in the sector emphasize that increasing consolidation, especially in the hardware segment will presage a higher emphasis on the development of wearable software. Besides this, the tech stocks are expected to be the robust performers in the low progressive and low inflation industry environment. According to industry experts at AMR, the wearable electronics industry is valued at $25.19 billion by 2020. Furthermore, this sector is anticipated to register a CAGR of 26% from 2014 to 2020. Moreover, the corresponding volume of the wearable electronics market would be about 142.6 million units, growing at a CAGR of 23% from 2014 to 2020. The wearable devices are becoming smarter. Demand for wearable watch or fitness watch are rising in regions such as North America and Europe.

Watch which wearable technology market players caught attention in 2016

https://www.youtube.com/watch?v=h8-TAqzYrno

Future wearable technology market  

The wearable technology market is witnessing a significant growth worldwide, especially in the United States. If we are to believe the figures presented by officials at the Fidelity International the global shipment of the wearable products for the 1st quarter in the last year had reached approximately 11.4 million units, which was an increase of 200% compared to the stats in 2014. Of those 11.4 million about 7 million alone were advanced fitness bands, a segment which is anticipated to fuel the future growth of the wearable technology market. Researchers reveal that the development of these wearable products will continue and potentially overshadow both smartphones as well as the tablet in the next five to six years.

For the wearable technology market to continue its growth, product designers will have to become more proficient and combine analytics, big data as well as cloud storage to deliver important insights to the customers at the right time. Besides this, gadgets will be designed by considering the user’s requirements. This process is termed as the human – centered design. Once made possible, the wearable products can soon emerge as an important part of our everyday life. The most significant wearable investment opportunities made so far are in data security, hardware, software, and others.

Wearable technology market is definitely making winds

 Courtesy: PwC 2014 survey

What is the future of healthcare wearables?

The wearables in the healthcare industry are definitely one of the big futures. Change is happening in the healthcare, said - Erik Jacobson, working with Accenture at the “IOTSWC15” event. One of the key enablers of the wearable technology in the healthcare sector is the customer expectations. The economic model that works both in the government systems and private systems. e.g. in the UK, the GP is getting high financial control over their trade or business; large B2B agreements between healthcare institutions and payers around operations etc. is fueling the growth of wearable products in the healthcare sector.

http://giphy.com/gifs/every-smartwatch-wrist-5JOAtCLGugj3q

Another focus area is value-based health, where a customer doesn’t just want to pay for the products but also for the end results. Wearables in healthcare can be considered as an endpoint of technology such as a smartphone. When we talk about wearables many will instantly think of a pair of smart glasses or probably a smart watch. But what’s next? Fitness bands are the obvious ones. The fitness market is incredibly mature attending to an array of fitness concerns. Next are the identity bands and the smart clothing or connected clothing which is the next stage of wearables.

3D Holographic Projection Technology Projects Future of Screenless Display

3D holograms are ready to transform the way people access media content or share them, and so is the industry.

Gone are the times for wondering if holographic displays were the outcome of an outer space technology, seeded into fantasy by Star Wars. Whether Tony Stark, or not, individual consumers might be able to lay their hands on similar fascinating devices available in market. A much toned-down version of what motion pictures describe, is brought by manufacturers at a certain price. The screenless display market segment currently offers eyewear that create virtual reality through 3D holographic projections. More advanced options, of flaring up an entire responsive display system at the touch of a button, are yet to come. According to a report by Allied Market Research, analysts expect substantial rise in adoption and eventual growth of 3D hologram segment in recent future.

A 3D Printed Sundial Displays Time Like a Digital Clock

Using a clever mix of 3D printing and a few well-placed shadows, this sundial designed by Mojoptix projects the actual time as if displayed on a digital clock. The plastic component that casts the shadow called a gnomon is printed with extremely tiny holes that create pinpoint dots of light in the form of digits as the sun shines through during the day.

The sundial does have its limitations. The time only shows in 20 minute increments and it only works from 10am to 4pm during the day. Regardless, the results are no less miraculous when you see it in use in the video below (skip to around 13:00 to see it in motion).

The completed device is available for purchase here, or you can download the design files and print your own. (via My Modern Met)

MIT scientists devise way to 3D print hair

These days, it may seem as if 3-D printers can spit out just about anything, from a full-sized sports car, to edible food, to human skin. But some things have defied the technology, including hair, fur, and other dense arrays of extremely fine features, which require a huge amount of computational time and power to first design, then print.

Now researchers in MIT’s Media Lab have found a way to bypass a major design step in 3-D printing, to quickly and efficiently model and print thousands of hair-like structures. Instead of using conventional computer-aided design (CAD) software to draw thousands of individual hairs on a computer — a step that would take hours to compute — the team built a new software platform, called “Cilllia,” that lets users define the angle, thickness, density, and height of thousands of hairs, in just a few minutes.

Using the new software, the researchers designed arrays of hair-like structures with a resolution of 50 microns — about the width of a human hair. Playing with various dimensions, they designed and then printed arrays ranging from coarse bristles to fine fur, onto flat and also curved surfaces, using a conventional 3-D printer. They presented a paper detailing the results at the Association for Computing Machinery’s CHI Conference on Human Factors in Computing Systems in May.

Could the technology be used to print wigs and hair extensions? Possibly, say the researchers. But that’s not their end goal. Instead, they’re seeing how 3-D-printed hair could perform useful tasks such as sensing, adhesion, and actuation.

3D printed, self-driving minibus to hit the US roads – Press TV

3D printing is gaining more popularity around the world. Human organs, homes and other things are produced with a 3d printer. But have you seen vehicles being printed?

Now, an American Company has created a self-driving minibus with the help of the 3d printing technology. It’s called Olli and is capable of carrying up to twelve passengers. The bus takes only 10 hours to be printed and an hour to assemble.

Olli was designed as an on-demand transportation solution that passengers can summon with a mobile app and the cool thing about this autonomous electric is that you can easily tell it where you're heading in natural language.

The company’s co-founder John Rogers is planning to build hundreds of micro-factories all over the world that can 3D-print Ollis.

SOURCE  PRESS TV

Airbus Unveils 3D Printed Unmanned Test Aircraft

European aircraft manufacturer Airbus unveiled its fully 3D printed Unmanned Test Aircraft at the ILA Berlin Airshow. The 3D printed UAV, named THOR (Test of High-tech Objectives in Reality) is a flyable 4×4 m subscale model plane and demonstrates the opportunities for future fast track product development using ALM (Additive Layer Manufacturing).

The unmanned aircraft was first tested in November 2015, taking flight for 40 km from Hamburg to Airbus’ plant in Stade, Germany. Constructed in just four weeks, THOR weighs 25kg and has a length and a wingspan of approximately four metres. Following successful tests, 18 missions have been scheduled for 2016.

According to Peter Sander, head of emerging technologies & concepts at Airbus in Hamburg, Germany, the aircraft will serve as a test platform for high risk and aerodynamic investigations, which will be used to further prove the viability the concept of a 3D printed UAV. THOR is comprised of around fifty 3D printed parts, two electric motors, and a remote control.