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Airport Security Market Is Anticipated To Grow Swiftly Due To Technological Advancement In Diverse Solutions Till 2022: Grand View Research, Inc.

The global  airport security market  size is expected to reach USD 12.70 billion by 2022, according to a new report by Grand View Research, Inc. National security is of vital importance at critical infrastructures such as airports. In recent years, the policy and aim of many authorities has shifted from potential threat identification to deploying measures that prevent infiltration of any type of threats into the infrastructure. Demand for quicker and efficient screening has culminated in the design and development of advanced screening systems that are being employed worldwide. The rapid pace of new construction activity at airports and need to streamline security screening process in order to minimize waiting time for passengers also serve as key drivers for market growth. However, economic turmoil and lack of funds for public spending new development and construction, as well upgrade of existing airports. In addition, effectiveness of existing security equipment in co...

Increasing Demand For Vehicles & Technological Advancements In The Automotive Industry Is Expected To Drive Automotive lighting market Growth Till 2022: Grand View Research,Inc.

The  automotive lighting market  is anticipated to reach USD 34.65 billion by 2022. Strict government policies and rising safety concerns are likely to propel growth over the forecast period. In addition, growing consumer awareness concerning the significance of adaptive lighting including dynamic bend light and a glare-free high beam is also expected to have a positive impact on the exterior lighting market.  Increasing apprehensions about using energy efficient methods coupled with rising consumer disposable income are expected to drive the industry. In addition, growing demand for vehicles and technological advancements in the automotive industry are expected to propel utilization. Attractive growth opportunities for new entrants are expected in the industry owing to the growing number of total vehicles purchased y-o-y across BRIC nations. However, there is a need for legislative authorities to collaborate with light sourcing technology suppliers to develop flexi...

Automated Test Equipment Market Is Projected To Witness Growth Based On Increased Demand For Adoption Of System On Chip (SoC) Till 2020:Grand View Research,inc.

The Global  Automated Test Equipment  Market is expected to reach USD 4.48 billion by 2020, according to a new study by Grand View Research, Inc. Increased demand for consumer electronics is expected to drive the market over the forecast period. Increased design complexity due to adoption of system on chip has resulted in need for effective testing, which is expected to favorably impact the market. Fluctuating demand for semiconductors is expected to pose a challenge to the growth of this market due to its adverse effects on the profitability of industry participants. Consolidated nature of the market may prove to be a barrier for industry growth. Expansion of wireless networks and significant developments in the manufacturing process of semiconductors are factors conducive for market growth over the next six years. Browse full research report on Automated Test Equipment Market: http://www.grandviewresearch.com/industry-analysis/automated-test-equipment Fur...

Increasing security Needs In Government Sectors For Employee Attendance & Identification To Drive Facial Recognition Market Growth Till 2020: Grand View Research,Inc.

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...

Middle East MCCB Market Is Predicted To Grow Quickly Due To Increasing Increasing Industrialization Till 2022: Grand View Research, Inc.

The  Middle East MCCB market  is expected to reach USD 652.4 million by 2022, according to a new study by Grand View Research, Inc. Increasing demand for electricity and reliable power delivery coupled with inadequate electric power infrastructure is expected to fuel demand. Emergence of smart grids in power transmission and distribution systems is projected to drive the MCCB industry. Large-scale demand for power infrastructure to provide efficient operation of transmission and distribution has increased dynamically over the past few years. Rising need to enhance the power infrastructure as aging transmission cannot support the bulk power currently required is expected to drive demand over the next seven years. Rapid expansion of power distribution & transmission system and rapid growth of heavy industries such as petrochemicals, oil & gas, steel and other metals is expected to positively impact the MCCB market. Completion and introduction of mega constructi...

Mobile Robotics Market Will Witness Growth Based On Commercialization Of Automated Cars 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: ...

Laser Cutting Machine Market To Gain Demand Due To Rising Applications In Cutting, Welding & Engraving Till 2024:Grand View Research,inc.

The global  laser cutting machines market  is expected to reach USD 6.72 billion by 2024, according to a new report by Grand View Research, Inc. Increasing use of fiber, CO2 and Yttrium Aluminum Garnet (YAG) lasers in the cutting applications such as consumer electronics and industrial sectors is expected to augment the demand for the laser cutting machines market. Consumer electronics is anticipated to be the fastest-growing sector owing to the rising implementation of lasers in material processing applications such as cutting, welding, and engraving. Moreover, the need for high power input and efficiency-based cutters are driving the demand for laser cutting machines over the forecast period. Developments of novel process lasers to optimize the production of customized three-dimensional glass components and a shift from conventional semiconductor lasers to quantum cascade lasers are expected to increase the demand for these machines. Continuous technological advanc...