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Showing posts from January, 2017

Hyper-Converged Infrastructure Market Is Predicted To Reach USD13.96 Billion By 2024:By Grand View Research, Inc.

The global  hyper-converged infrastructure market  is estimated to reach USD 13.96 billion by 2024, according to a report by Grand View Research, Inc. Hyper-converged infrastructure is a software-based architecture that integrates storage, compute, virtualization, and networking resources in a box. The HCI systems are supported by a single vendor. They eliminate the need for making individual purchases of servers and virtualization software running on those servers and management tools, and do not require the installation of Storage-area Network (SAN) or Network-attached Storage (NAS). This integration, in turn, reduces the overall cost of the hyper-converged infrastructure system. The HCI market is still in its introductory stage and the adoption of Virtual Desktop Infrastructure (VDI) is anticipated to boost the industry growth over the next seven years. The industry is expected to witness tremendous growth, owing to the increasing demand to enhance IT operational...

Household Refrigerators And Freezers Market Will Reach USD 37.6 Billion By 2025:Grand View Research, Inc.

The global  household refrigerators & freezers market  is expected to reach USD 37.6 billion by 2025, according to a new report by Grand View Research, Inc. High replacement demand and resulting obsolescence of conventional freezers & refrigeration units is expected to have a positive impact on the high-end product segment growth over the next nine years. Key factors driving the industry growth include the rise in nuclear families, increasing disposable income, focus on enhanced lifestyle products and dual income families. Technology efforts are focused on improving the inside equipment structure whereas R&D enables their easy operation.  Advancements in refrigeration technology such as touch screen, USB and internet connectivity are gaining importance. For instance, General Electric introduced magnetic refrigeration technology, which is 20% more efficient as compared to traditional products. Additionally, advances in cooling technology such...

Kitchen Appliances Market Is Projected To Reach $246.3 Billion By 2022: Grand View Research, Inc.

The global  kitchen appliances market  is estimated to worth USD 246.3 billion by 2022, according to a new study by Grand View Research, Inc. Research and development or innovation by industry participant is anticipated to boost industry growth over the forecast period. Energy efficiency, cost, technology advancement, quality of the products affect the consumers’ buying decision. Emergence of ecommerce industry and investment in distribution channels has not only boosted industry participants’ revenue but also has expanded their reach. Growing demand for product up-gradation is anticipated to drive industry growth over the next seven years. Governments worldwide are focusing on curbing energy consumption through new regulation and consumer awareness campaign, which is anticipated to drive demand for energy efficient technology products. Changing consumer lifestyle and increasing income level is expected to boost industry growth over the forecast peri...

Protective Relay Market Is Anticipated To Reach $ 4,025.2 Million By 2024: Grand View Research, Inc.

The  protective relay market   is expected to reach USD 4,025.2 million by 2024, according to a new report by Grand View Research, Inc. Mounting investments in the transmission & distribution networks to replace the old equipment is expected to be a major factor expected to spur the growth over the forecast period. The intensifying intricacy of electrical systems has made it inevitable to incorporate protective devices for power systems safety. The growing electricity generation capacity to meet the growing population’s electricity demand is estimated to act as a key driver augmenting market demand. Nevertheless, the cost concomitant with the set up & maintenance of these relays is estimated to challenge the industry over the near future. The global protective relay market is anticipated to witness high growth over the forecast period. This may be accredited to continuous population growth along with the mounting regional power consumption in Asia Pacific. T...

Embedded Non-volatile Memory Market Will Reach USD 471.5 Million By 2022:Grand View Research, Inc.

The global  embedded non-volatile memory market   is expected to reach USD 471.5 Million by 2022, according to a new study by Grand View Research, Inc. The emergence of memory technology such as RRAM and revamp in the FRAM architecture are expected to drive market growth over the forecast period. Surge in demand for Internet of Thing (IoT) applications in order to build smart devices is also expected to catapult the industry demand over the next seven years. Demand for automation across several end-use industries including industrial, automotive, and consumer electronics might provide avenues for industry growth. Rapid industrialization in developing regions is also expected to drive product demand over the forecast period. Development of devices integrating wireless communication technologies such as Near Field Communication (NFC), Bluetooth, and ZigBee require miniature components owing to consumer demand for compact devices. Migration from conventional to...

Photonic IC Market Is Anticipated To Reach $ 3.54 Billion By 2024: Grand View Research, Inc.

The  photonic IC market  is expected to reach USD 3.54 billion by 2024 according to a new report by Grand View Research, Inc. Photonic IC is an integrated circuit that uses optical wavelength as an information signal and provides multiple integrated photonic functions. Photonic IC, as such, is similar to an electronic IC and can be a viable replacement for it as well as for the copper-based wired transmission. Photonic IC forms an integral part of lasers, optical amplifiers, modulators, and MUX/DEMUX components, which are extensively used in the optical signal processing, optical communication, biophotonics, and sensing applications. The growing demand for sensing and optical devices are expected to fuel the growth of the photonic IC market. There is an increasing need for cost effective, power efficient, and compact PICs which would further propel the photonic IC market over the forecast period across the mobile broadband Internet access, high-performance computing, dat...

Photonics Market Is Predicted To Reach USD 918.3 Million By 2025:By Grand View Research, Inc.

The global   silicon photonics market  is expected to reach USD 918.3 million by 2025, according to a new report conducted by Grand View Research, Inc. The rapid emergence of commercial and consumer electronics applications is anticipated to revolutionize the market by 2025. The IT and telecommunication application segment would dominate the sector in terms of market size over the forecast period. Silicon photonics devices find commercial applications in high-performance computers and data center applications. The silicon photonics technology offers a cost-effective and reliable solution to commercial applications. The key value chain components for the silicon photonics system include raw material suppliers, component manufacturers (chip and optical interconnect fabrication firms), Original Equipment Manufacturers (OEMs), server system distributors, and end-use segments. Silicon photonics has been a significant research arena since the last decade on account of pote...

Pico Projector Market Is Projected To Reach USD 2.39 Billion By 2022: Grand View Research, Inc.

The global  pico projector market  is expected to reach USD 2.39 billion by 2022, according to a new study by Grand View Research, Inc. Smartphone proliferation coupled with high convenience when integrated with portable electronic devices is anticipated to elevate demand. Technological advancements have resulted in enhanced contrast ratio and high pixel quality. Portability and compatibility with Wi-Fi, WiMax, and 3G/4G technologies offered by these products is estimated to drive industry growth. Pico projectors have the ability to project content from mobile and other electronic devices onto a wall, notebook, or portable projection screens. Strong economic growth coupled with rising consumer disposable income may catalyze adoption particularly in consumer electronics and automobiles.  Increasing adoption of smart devices and the advent of Internet of Things (IoT) may catapult demand over the next few years. The industry is poised for growth due to expanding ap...

Piezoelectric Materials Market Hits USD 1.68 Billion By 2025: BY Grand View Research, Inc.

The global  piezoelectric materials market  is expected to reach USD 1.68 billion by 2025, according to a new report by Grand View Research, Inc. Rising sales of consumer electronics including LED televisions in developing countries including China, Thailand, and India as a result of product innovation is expected to play a significant role in increasing the requirement of sensors, which in turn will augment industry growth. Piezopolymers are projected to witness growth at a CAGR of 4% from 2016 to 2025. Rising importance of polyvinylidene fluoride (PVDF) as an electroactive polymer material with low piezoelectric coefficient as compared to ceramic counterparts is expected to increase its demand in hydrophones, clamp-on transducers and pressure-based sensors for diesel injection lines.  Browse full research report on Piezoelectric Materials Market  http://www.grandviewresearch.com/industry-analysis/piezoelectric-materials-market Further key findings fr...

Thermal Imaging Market Is Expected To Grow At A CAGR Of 9.1% from 2014 to 2020: Grand View Research, Inc.

Global  thermal imaging market  is poised to reach USD 6.50 billion by 2020. Increasing demand for low-cost devices owing to its widespread applications. Commercialized thermal imagers resulting from the development of microbolometers expected to augment the growth of the market over the forecast period. In addition to increasing demand in industrial and commercial sectors, thermal imaging devices are also used across several security and surveillance applications. Moreover, increasing adoption of integrated solutions across commercial applications would further fuel the growth of the industry. Furthermore, the use of thermal imaging in high-resolution camera and smartphone is expected to bolster further the growth of the industry. Thermal Imaging application in commercial segment is also poised to experience growth over the next few years. Growth can be attributed to increasing the use of thermal imaging devices across various applications such as surveillance and s...

Temperature Sensors Market Size Worth USD 6.13 Billion By 2020: Grand View Research, Inc.

The Global  Temperature Sensors Market  is expected to reach USD 6.13 billion by 2020, according to a new study by Grand View Research, Inc. Increasing global demand for smarter consumer electronics and automobiles is expected to favor market growth over the forecast period. Temperature sensors are increasingly used in smartphones and other consumer electronics to monitor their temperature and enhance performance.  Basic temperature sensors include resistive temperature devices (RTD), thermocouples, liquid expansion devices, silicon diodes, infrared sensors etc. Additionally, fusion of communication, computing and sensing is expected to drive the MEMS market, which is expected to benefit global temperature sensor demand. Technological advancements and device miniaturization also drive market growth. Need for ensuring safety and favorable regulatory scenario is expected to fuel market growth over the forecast period. However, intense competition and significant ...

Tunable Diode Laser Analyzer Market Hits USD 831.7 Million By 2024: BY Grand View Research, Inc.

The global  tunable diode laser analyzer market  size is expected to reach USD 831.7 million by 2024, according to a new report by Grand View Research, Inc. The bullish growth prospects of the tunable diode laser analyzer market can be attributed to the rapid industrialization and an increasing need for real-time and efficient atmospheric toxic gas measurement and analysis. Favorable initiatives and regulations by the government and regulatory bodies worldwide regarding industrial emissions across various industry sectors are anticipated to bolster the market growth over the forecast period. Advanced TDL based analyzers have the ability to detect and measure toxic gases such as oxides of carbon, nitrogen, and sulfur along with oxygen and water in very low air density environments accurately. The adoption of TDLAs involves low maintenance cost, seamless detection abilities, and stability, making them preferable over other gas detectors across the end-use industries. H...