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Showing posts from June, 2017

Hermetic Packaging Market To Gain Demand Quickly Due To Increasing Application Scope From Healthcare & Aeronautics & Space Application Till 2025: Grand View Research, Inc.

The global  hermetic packaging market  is expected to reach USD 5.03 billion by 2025, according to a new report by Grand View Research, Inc. Utilization of hermetic packages is expected to grow significantly as a result of increasing application scope from healthcare and aeronautics & space application. The capability of the product to protect electronic components from temperature, pressure, and liquids is expected to drive the market over the forecast period. The telecom industry utilizes fragile & complex materials in various applications such as trunk lines and metros which require efficient packaging, thereby augmenting the demand. Central & South America accounted for a share of over 5.0% in 2016 Growing population and rising consumer willingness to spend is expected to increase the demand for electronic devices, thereby having a positive impact on the hermetic packaging industry. In addition, high military expenditure of USD 24.6 billion by Brazil ...

Mobile Robotics Market Is Projected To Witness Growth Based On Increased Adoption In Military & Defense Applications Till 2020:Grand View Research,inc.

According to a new study by Grand View Research, Inc., global mobile robotics market growth can be attributed to increased adoption in military & defense applications. Commercialization of automated cars due to technological advancement in mobile robotics is expected to drive the market over the next six years. Favorable regulatory scenario, including funds and grants for promoting the robotics industry is also expected to positively impact the global market. Availability of open source platforms coupled with reduction in sensor and camera prices is expected to propel demand for domestic mobile robots such as vacuum cleaners and lawn mowers. Scarcity of experts equipped with the skill sets required for R&D may pose a challenge to mobile robotics market growth. Relatively low market penetration coupled with growing demand from end-use industries is expected to be a growth opportunity for key industry participants. Browse full research report on Mobile Robotics Market: ...

Level Sensors Market To Be Driven By Increased Use Of MEMS Sensors In Automotive Safety & Infotainment Applications Till 2025:Grand View Research,inc.

The global  level sensors market  is anticipated to reach USD 5.48 billion by 2025, according to a new report by Grand View Research, Inc. The level sensors are employed in different environment varies from vacuum to high pressure and from high temperature to below zero degree Celsius.Favorable industry regulations such as International Plant Protection Convention (IPPC) directive in semiconductor industryare also expected to stimulate the growth of the industry. The development of sensor technologies and microcontroller is enhancing the automobile industries to develop complex systems for providing better vehicle control and safety to the end users. Increasing use of multipurpose level sensors in vehicle production and manufacturing industries is expected to fuel the market demand over the forecast period. Micro-Electro-Mechanical Systems (MEMS) a part of non-contact type sensor is expected to have considerable growth over the projected period. MEMS sensors are expe...

Magnetic Sensors Market Will Witness Growth Based On Escalating Demand For GPS & Navigation Enabled Smartphones & Wearable Devices Till 2022:Grand View Research,inc.

The global  magnetic sensors market  size is expected to reach USD 3.65 billion by 2022 according to a new report by Grand View Research, Inc. Technological advancements and an increased awareness regarding vehicle safety are anticipated to drive the global magnetic sensors market growth over the forecast period. Escalating demand for GPS & navigation enabled smartphones and wearable devices is expected to further incite industry growth. Magnetic sensing devices are used for detecting and measuring magnetic fields.  These sensors assist in wear-free measurement of angular speed and angle of rotation with contactless operation. They are widely used in consumer electronic devices such as smartphones and wearable devices for position sensing, switching, current sensing, and angular sensing. In addition, they are used in white goods and heavy consumer durables such as air conditioners and refrigerators. However, intense competition and a gradual decline i...

Household Vacuum Cleaners Market Is Predicted To Grow Quickly Due To Increasing Awareness About Cleanliness & Hygiene Worldwide Till 2022: Grand View Research, Inc.

The global  household vacuum cleaners market  is expected to reach USD 16.1 billion by 2022, according to a new report by Grand View Research, Inc. Increasing government initiatives to spread awareness about cleanliness and hygiene worldwide is expected to contribute to revenue growth. Rising disposable income and increasing preference for new technologies worldwide is anticipated to favor industry growth over the forecast period. Price is estimated to be a critical factor in buying decision. Rising competition owing to presence of large industry players and less differentiated product is expected to benefit Industry leading to price reduction. Technology developments play an important role in revenue growth. Products such as bagless and robotic vacuum cleanerss have gained popularity across the globe. Use of smartphone-based services is also gaining popularity due to rising smartphone penetration worldwide. For instance, in September 2015, iRobot Corporation announc...

Home Audio Equipment Market To Be Driven By The Emergence Of Bluetooth Products Till 2020:Grand View Research,inc.

The Global  Home Audio Equipment  Market is expected to reach USD 22.50 billion by 2020, according to a new study by Grand View Research, Inc. Growing consumer demand for high-quality home theater experience attributed to increased disposable income is expected to drive the market over the forecast period. Increasing trend towards deployment of sophisticated equipment, high-speed data streaming, faster internet connectivity and internet-exclusive entertainment are expected to proliferate the need for external audio solutions. Emergence of Bluetooth products coupled with wireless Blu-ray home theater systems is expected to positively impact market growth. Home audio equipment comprises a wide range of equipment including multi-channel amplifiers, compact audio system and home radios. Manufacturers of this equipment have been striving to expand market penetration by innovating visually less intrusive and user-friendly systems. Therefore, technological advancement in d...

Hyper-Converged Infrastructure Market Is Anticipated To Reach $13.96 Billion By 2024: 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 effici...

HVDC Power Supply Market Is Anticipated To Reach $3.56 Billion By 2022: Grand View Research, Inc

The global  HVDC power supply market  is expected to reach USD 3.56 billion by 2022, according to a new report by Grand View Research, Inc. These devices integrate easily with renewable or alternative energy sources such as photovoltaics, fuel cells, and wind power, and provide considerable avenues for industry growth. The emergence of the hybrid HVDC circuit technology that utilizes Voltage Source Converters (VSC), and is compact in design when compared to traditional design is anticipated to fuel product demand over the next seven years. Further, the HVDC supply industry has also witnessed the development of high power Insulated Gate Bipolar Transistors (IGBT) that has reduced the HVDC system size resulting in substantial economic benefits. HVDC supply enhance the reliability of an electrical system and is the only possible solution available in the market today; which can be utilized in renewable energy sources. The ability of these products to efficiently transmit bu...

Human Machine Interface Market Is Predicted To Grow Quickly Due To Growing Trend Towards Protocol Conversion Till 2022: Grand View Research, Inc.

The global  Human Machine Interface (HMI) market  is expected to reach USD 6.31 billion by 2022, according to a new report by Grand View Research, Inc. Advancement in HMI programming software in order to incorporate ability for managing multi-vendor environment is anticipated to escalate industry growth over the next few years. Benefits offered such as remote operation coupled with the widespread usage of HMIs across oil & gas and water treatment plant for operating in harsh conditions may also elevate product demand significantly. This has also instigated vendors to manufacture devices with better wear and tear property. Growing trend towards protocol conversion to exchange data between all connected devices is estimated to further catalyze human machine interface industry growth. Technological development such as open platform architecture resulting in improvement of the migration process is also anticipated to fuel demand considerably over the forecast period. ...

Infrared Camera Market Is Predicted To Grow Quickly Due To The Increasing Demand In Medical Imaging Applications Till 2020: Grand View Research, Inc.

The Global  IR (Infrared) Camera  Market is expected to reach USD 5.10 billion by 2020, according to a new study by Grand View Research, Inc. IR cameras help identify the site of tissue damage in case of injuries, and are expected to witness surging demand in medical imaging applications. They have been extensively used by airports during the outbreak of epidemics to identify and screen passengers with elevated body temperatures. Microbolometer development has resulted in increased commercialization, which is also expected to be a key market driver. High demand for IR cameras across several emerging market segments including food service and distribution, healthcare and screening, veterinary science, automotive care, maritime vessel inspections and aircraft inspection offer opportunities for market growth. Incorporating infrared cameras in smartphones at lower costs is expected to present vistas for market growth for companies operating in the market. Declining defe...

Industrial Robotics Market Will Grow at a Steady Rate of 7.0% from 2014 to 2020: Grand View Research, Inc.

The global  industrial robotics Industry  was estimated at USD 25.68 billion in 2013 and is expected to reach USD 40.00 billion by 2020 owing to increased number of deployments in the manufacturing sector to simplify complexities and enhance productivity. Industrial robots are being increasingly used to simplify business activities including marketing, designing, selling, building, installing, maintaining and operating. An increased emphasis has been laid on productivity index to sustain in the competitive environment of the manufacturing sector and achieve quality results is expected to drive the industrial robotics market. Increasing labor costs coupled with growing demand from automotive industry is anticipated to be a key driving factor in the industry. Manual labor has eventually replaced with self-programming robots owing to the job efficiency and cost-effectiveness on account of their ability to sense environmental changes through integration of sophisticated ...

Gas Sensors Market Is Predicted To Grow Quickly Due To Growing Demand From End-use Industries Till 2020: Grand View Research, Inc.

The global  gas sensors market  is expected to reach USD 2,512.4 million by 2020, according to a new study by Grand View Research, Inc. Regulatory initiatives, in developed markets of North America and Europe, in order to boost occupational health and safety are expected to drive the market over the forecast period. Additionally, growing demand from end-use industries is expected to positively impact global market prospects.  Positive outlook on demand for smart and wireless gas sensors can primarily be attributed to their effectiveness in detecting toxic gases in hazardous environmental conditions. Regulations for safety put forth by Occupational Safety and Health Administration (OSHA) and the Health and Safety at Work Act (HSWA) have been critical in enhancing market penetration across numerous industries in recent times. The use of hydrogen as an alternative fuel in hybrid vehicles is also expected to be a considerable opportunity for industry participants in the...