Semiconductors And Electronics Research

The  U.S. Motor Vehicle Sensors  Market is expected to reach USD 6.29 billion by 2020, according to a new study by Grand View Research, Inc. Favorable government mandates pertaining to emission standards and safety are expected to drive the market over the forecast period. Enhancement of Corporate Average Fuel Economy (CAFE) standards coupled with new regulations mandating the incorporation of Electronic Stability Control (ESC) systems in light vehicles is expected to play a pivotal role in the U.S. motor vehicle sensors market growth. Passage of The Transportation Recall Enhancement, Accountability and Documentation (TREAD) Act, directing adoption of Tire Pressure Monitoring System (TPMS) in new vehicles is expected to increase sensor sales. Owing to the need for periodical replacement of TPMS and oxygen sensors, aftermarket sensor sales are expected to constitute a substantial market share, thereby supplementing the high demand for motor vehicle sensors from...

The global   biometrics technology market  is expected to reach USD 59.31 billion by 2025, according to a new study by Grand View Research, Inc. The increasing demand for biometrics technology across various applications is expected to favor the market growth over the next nine years. Biometrics technology is used by several verticals in private, public, and commercial sectors to overcome security threats. This is expected to fuel the market demand over the forecast period. The increasing use of biometrics technology in consumer electronics, to enhance customer experiences, is expected to drive the market over the coming years. Implementation of biometrics technology for e-commerce applications may enable secure transactions and provide new opportunities to the market. High initial investments may hinder the industry growth over the forecast period. The biometrics technology is extensively used for e-passport programs and to counter illegal migrations. Government and...

The global  microelectromechanical systems (MEMS) market  is estimated to reach USD 28.84 billion by 2024, according to a new report by Grand View Research, Inc. The industry is expected to witness tremendous growth owing to increasing demand in consumer and automotive application segment. The market for MEMS technology is gaining traction in automotive sector with increasing concerns for passenger safety and regulatory norms. MEMS devices such as pressure sensors, accelerometers, and others are used in cars for air bags, tire pressure monitoring, electronic stability control, and other safety features. Growing popularity of wearable devices is anticipated to be key driver for the industry over the next seven years. Advancement in technology such as sensor fusion is expected to boost industry growth over the forecast period. Technology advancement has led to reduction in size of the devices, making it cost-effective, efficient, and compatible at the same time. Ca...

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...

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 ...

The global  household cooking appliances market  size is anticipated to reach USD 116.82 billion by 2024, according to a new report by Grand View Research, Inc. A blend of numerous aspects such as increasing preference toward nuclear family set-ups, a high proportion of employed women, and induction technology being characterized by a higher degree of energy-efficiency as compared to conventional gas, is expected to drive growth over the forecast period. Every cooktop has a lifespan beyond which its efficiency deteriorates; they need to be typically replaced after approximately 13-15 years. The constant need for newer replacements and increased demand from the youth for technologically advanced home appliances are anticipated to play a pivotal role in market growth. The household cooking appliances market is expected to undergo various developments due to the changing consumer lifestyles, socio-economic factors, and macroeconomic factors. Macroeconomic indicators, s...

Increasing security needs in government sectors for employee attendance and identification is expected to be a key driver for the facial recognition market over the forecast period. Facial recognition is a biometric technology which provides high-level security for public and private sectors. It takes into account selected facial features and compares them with a database to provide authorization. Facial recognition system includes readers, software and related database for providing accuracy along with security. This technique is highly efficient for avoiding security breaches as compared to traditional authorization methods such as passwords and tokens etc. Technology advancements such as cloud-based services and 3D recognition systems are further expected to fuel the overall market demand. Factors such as aging, makeup, plastic surgeries and other such medical procedures may affect the efficiency of these systems. Lack of accuracy and high implementation cost may hinder market g...