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Showing posts from April, 2017

Printed Electronics Market Is Predicted To Grow Quickly Due To The Increasing Penetration Of IoT Till 2025: Grand View Research, Inc.

The global  printed electronics market  is projected to reach USD 19.15 billion by 2025, according to a new report by Grand View Research, Inc. The surging demand for the flexible electronics at low manufacturing costs and the need for eco-friendly technologies is paving the way for increased adoption of the technology. Additionally, the increasing penetration of IoT worldwide is proving to be a prime factor in pulling the printed electronics market over the forecast period. The continuously growing demand for IoT in the telecommunication industry for enhancing the network and optimizing the performance along with operations is expected to propel the application of technology over the forecast period. Numerous technological advancements and developments have led to the evolution of various electronic gadgets and instruments. The growing awareness and user-friendly technologies are leading to the early adoption of these innovative products significantly. Competent...

Protective Relay Market Will Witness Growth Based On Mounting Infrastructural Development Till 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. The ris...

Smart Meters Market Is Predicted To Grow Quickly Due To The Increased Emphasis On Energy Conservation Till 2020: Grand View Research, Inc.

Global  smart meters market  was estimated at 59.6 million units in 2012. Government initiatives for increasing the number of installations for smart meters on account of its energy conservation functionality will play a vital role in the growth of the product. Growing consumer awareness about energy consumption is also likely to propel the demand over the forecast period. Smart meters allow for easy monitoring and managing the consumption of electricity by consumers on a daily basis routine. Rising demand for smart meters among energy suppliers is expected to boost the market growth to resolve power outages, hardware faults and to enhance promptness in delivery customer service. Global demand is expected to reach 165.5 million units generating revenues worth USD 22.18 billion by 2020. Smart meters are an effective technology to control rising level of radioactive emissions in the eco-system, and thus, various environment protection policies are initiated to fa...

Silicon Photonics Market Is Anticipated To Grow Swiftly Due To The increasing Demand For Optical Multiplexers & Optical Attenuators Till 2025: 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 poten...

Silicon Wafer Reclaim Market Is Projected To Witness Growth Based On Growing Demand For The End-Use Industries Including Solar Cell & Consumer Electronics Till 2024:Grand View Research,inc.

The global  silicon wafer reclaim market  size is expected to reach USD 577.3 million by 2024, according to a new report by Grand View Research, Inc. Increasing raw material prices for manufacturing virgin silicon wafers are likely to compel manufacturers to adopt reclaim technologies. Rising demand for the product as test wafers for testing, controlling and monitoring semiconductor fabrication processes is expected to be a key driver for the industry growth. Rising consumer awareness coupled with government focus on renewable energy sector is expected to drive demand for solar PVs, which in turn is expected to have a positive impact on the market over the projected period. Technological advancements in the reclaiming process to increase yield, improve quality, cut reclaim cycle time and reduce cost is expected to open new avenues for the industry growth. The rapid growth of end-use industries including solar photovoltaic and consumer electronics is likely to propel de...

Growing Concerns Regarding The Ill Effect Of Hazardous Gasses In The Environment Around Industrial Areas Is Expected To Drive TDLA Market Till 2024: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. How...

Need For Ensuring Safety & Favorable Regulatory Scenario Is Expected To Drive Temperature Sensors Market Till 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 ...

U.S. Medical Device Outsourcing Market Is Anticipated To Grow Swiftly Due To Increasing Demand For Cost Containment Till 2022: Grand View Research, Inc.

The  U.S. medical device outsourcing market  is expected to reach USD27.8billion by 2022, according to a new report by Grand View Research Inc. Increasing geriatric population base, surgical procedures and demand for cost curbing tools are some key growth drivers for the U.S. medical device outsourcing market.  The medical device industry has become competitive and categories such as coronary stents, orthopedic devices, and wound care are moving towards maturity. As high-impact scientific innovation in the above categories is difficult to identify, smaller companies are gaining market share by offering low prices and introducing innovative business models.  Due to the convergence of mounting challenges and changing market dynamics, many medical device manufacturers have opted for outsourcing business models to reduce cost, manage business risks, and improve service delivery. All the aforementioned facts are hence expected to propel market growth over the fo...

Ultracapacitors Market Is Projected To Grow Rapidly Due To Increasing Demand For Long Battery Lifetime Till 2024: Grand View Research, Inc.

The global  Ultracapacitor Market  is expected to reach USD 8,049.1 million by 2024, according to a new report by Grand View Research, Inc. These capacitors have the ability to rapidly charge to their maximum capacity and also discharge quickly up to zero-charge level. It also ensures safety of operation as it eliminates potential risk of explosion or self-ignition. Ultracapacitors have a high transient response time of 20 microseconds and are also maintenance free, which can result in increasing adoption over the coming years. The inherent characteristics of ultracapacitors makes it suitable for use in consumer electronics including audio/video systems and digital cameras owing to low power and energy, and long life back-up offered by these modules. Further, ultracapacitors also possess high power and energy density which makes it an ideal match for use in industrial and automotive applications, which may further escalate growth over the forecast period Browse full ...

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...

Growth In The Emerging Trend Of Miniaturization Of Electronic Devices & Components Is Expected To Drive Thermal Management Technologies Market Growth Till 2024:Grand View Research,Inc.

The global  thermal management technologies market  size is expected to reach USD 20.14 billion by 2024, according to a new report by Grand View Research, Inc. The industry is primarily driven by the growth in the emerging trend of miniaturization of electronic devices and components. Developments in the electronics industry have culminated in a considerable surge in the power densities, which have led to the introduction of smaller, smarter products. These advancements in the industry have led to an increased need for innovative thermal management technologies as they improve the system performance and reliability by avoiding the heat generated by the devices. The electronic packaging trend has increased the performance and reduced the size of the product. This has led to a significant increase in the power consumption of the system. Advanced technological research is expected to produce more efficient and cost-effective thermal management solutions in the future. T...