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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...