Electric Kettle Market is the Fastest Growing Market With a CAGR of 5.5% From 2019 to 2025

15-Jan-2020: The global electric kettle market size is expected to reach USD 21.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.7% over the forecast period. Advanced features including perfect grip handle, quick heat up time, and easy light indicator of electric kettles are expected to expand the market size over the forecast period. Furthermore, demand for hot beverages is rising in developed economies including Germany and U.K. as a result of shifting consumer preference towards replicating the coffee shop culture experience in household. This, in turn, is expected to upscale the requirements of electric kettles in the coming years.

The commercial segment is estimated to be the fastest growing market with a CAGR of 5.5% from 2019 to 2025. The product is majorly used in the hotels and restaurants as it can quickly heat up the liquids and keep it warm for the next 5 to 6 hours. The tourism and hotel industries are witnessing significant growth in countries including China, Japan, Australia, and New Zealand due to favorable government policies on the establishment of new tourist destinations. This, in turn, is expected to expand the utility of electric kettles in the near future.

Stainless steel-based kettles generated a revenue of USD 7.0 billion in 2018. These types of products have the ability to keep the liquid warm for a long time. Furthermore, easy access to these products from retail stores as well as online channels is expected to remain a favorable factor for promoting the demand for stainless steel products in the near future. Plastic-based products are expected to witness high demand owing to rising product’s popularity for its lightweight and easy to carry characteristics.

Asia Pacific generated a revenue of USD 7.6 billion in 2018. High concentration of working class population, coupled with increasing consumer spending on kitchen appliances in emerging economies including China and India, is expected to remain a favorable factor for the electric kettles market growth. Furthermore, new product launches by electronics goods manufacturers including JOVEN are expected to open new avenues over the next few years.

Key industry participants include Aroma Housewares Company; Conair; Hamilton Beach Brands, Inc.; Groupe SEB; Cuisinart; Breville USA, Inc.; bonavitaworld; Chef's Choice; SUPOR; and Koninklijke Philips N.V. Product innovation is expected to remain one of the key strategies opted by the manufacturers to expand their market reach in the near future. In August 2018, Denmark-based Stelton launched cordless electric kettle under the brand name, EM77.

In depth research report on Electric Kettle Market

https://www.grandviewresearch.com/industry-analysis/electric-kettles-market

Further key findings from the report suggest:

·       The residential application segment generated a revenue of USD 13.2 billion in 2018

·       By product, plastic is expected to be the fastest growing segment with a CAGR of 5.9% from 2019 to 2025

·       Asia Pacific is estimated to emerge as the fastest growing electric kettle market from 2019 to 2025.

Grand View Research has segmented the global electric kettle market on the basis of application, raw material, and region:

Electric Kettle Raw Material Outlook (Revenue, USD Million, 2015 - 2025)

·       Stainless Steel

·       Plastic

·       Glass

·       Others

Electric Kettle Application Outlook (Revenue, USD Million, 2015 - 2025)

·       Residential

·       Commercial

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https://www.grandviewresearch.com/industry/electronic-and-electrical

About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Security Paper Market is Anticipated to Expand at a CAGR of 7.0% Over the Forecast Period

27-Nov-2019: The global security paper market size is expected to reach USD 24.33 billion by 2025, according to a new study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 7.0% over the forecast period. Growing demand for anti-counterfeit technologies in applications such as currency printing and printing bank checks is expected to be the key growth driver. Security paper protects critical document against alteration and forgery by using multiple security technologies such as watermark, hologram, and Ultraviolet (UV) fiber and threads.

Over the last few years, the rapid proliferation of advanced printing technologies has led to an increase in the circulation of fake notes, passports, visas, and certificates, among others. There has also been a significant increase in the number of fraud cases reported worldwide. In order to overcome these issues, the security paper manufacturing industry is focusing on the development and application of advanced security features such as hologram and magnetic microwires. These security features are anticipated to offer improved document security to prevent counterfeiting in comparison to that of the traditional methods mentioned above.

Currency notes and bank documents are the major applications of security paper. Printing of currency notes is a continuous process to ensure effective circulation in the economy. However, emergence of blockchain technology and growing digitalization is restraining the growth of the security paper market as more business and consumers are shifting towards online payment options due to enhanced convenience and security.

Asia Pacific (APAC) is expected to drive the demand for security papers over the forecast period owing to various government initiatives and regulations and rapid expansion of BFSI infrastructure. Recent demonetization and Unique Identification numbers (UID) initiative by the Government of India (GoI) is expected to propel the demand. The Pradhan Mantri Jan Dhan Yojana, a financial inclusion program by the GoI, which aims to provide affordable access to financial services to rural population is also expected to be the major growth driver for the product adoption in the regional BFSI sector.

In depth research report on Security Paper Market

https://www.grandviewresearch.com/industry-analysis/security-paper-market

Further key findings from the report suggest:

·       Government initiatives such as China’s Plan for Advancing the Development of Financial Inclusion (2016-2020), Government of India’s “Pradhan Mantri Jan Dhan Yojana” and Unique Identification Number (UID) initiative have a positive influence on the adoption of security paper in APAC

·       Hybrid paper is anticipated to emerge as the fastest growing segment over the forecast period owing to the increased adoption of the product for government application in North America and Europe

·       Currency notes application segment is anticipated to lead the security paper market over the forecast period due to government initiatives such as demonetization (India) and re-printing of currency notes

·       The key market players include Security Paper Mill, Inc.; China Banknote Printing and Minting Corporation; Document Security Systems, Inc.; Ciotola S.R.L.; Security Paper Limited; Sequana Group; Giesecke & Devrient; Fedrigoni Group; Goznak; and Security Printing and Minting Corporation of India Limited (SPMCIL)

Grand View Research has segmented the global security paper market based on type, application, and region:

Security Paper Type Outlook (Revenue, USD Million, 2014 - 2025)

·       Hybrid Paper

·       Watermark

·       Hologram

·       Thread & UV Fiber

·       Others

Security Paper Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Currency Notes/Bank Notes

·       Passport & Visa

·       Identity Card

·       Legal & Government

·       Certificate

·       Bank Documents

·       Medical Report & Prescription

·       Transportation & Logistics

·       Others

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https://www.grandviewresearch.com/industry/electronic-devices

About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Why Demand for Night Vision Devices will on the Rise Over the Forecast Period?

26-Nov-2019: The global night vision device market size is expected to reach USD 10.05 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.1% during the forecast period. Increasing popularity of night vision devices for civil applications such as construction sites, camping, firefighting, and monitoring has notably benefitted the market in the past few years. In addition, increased use of advanced technologies such as imaging intensifier and thermal imaging in security and surveillance devices has stimulated the market growth in commercial sector.

Night vision devices are extensively used by military and paramilitary forces to locate enemy targets during night operations. In the civil sector, night vision device are often used by police forces and surveillance bodies. Also, large enterprises are increasingly installing mounted cameras enabled with night vision features to monitor their facilities.

From the national security point of view, activities such as border infiltration, breach of security, and illegal border trade have increased due to an alarming rise in terrorism across the globe. In such scenarios, night vision devices can help law enforcement personnel in detecting camouflaged humans in darkness, haze, or smoke. As a result, the adoption of night vision devices such as scopes and goggles is rising across the security forces.

Demand for night vision devices is expected to be on the rise over the over the forecast period owing to high usage by the defense forces. High-tech night vision devices result in great accuracy during combat and rescue missions. In addition, a high number of robberies occur during nights as compared to daytime. For instance, in U.S., the rate of robberies occurring at night has doubled in the past ten years. Therefore, law enforcement authorities have to be well equipped with spy gear to address a casualty at any moment, necessitating the use of night vision devices.

 In depth research report on Night Vision Device Market

https://www.grandviewresearch.com/industry-analysis/night-vision-device-market

Further key findings from the report suggest:

·       In terms of type, the goggles segment is expected to expand at the highest CAGR of 9.2% over the forecast period owing to the increasing trend of night photography

·       In terms of technology, the image intensifier technology segment is expected to lead the market over the forecast period owing to the increasing use of the technology in diagnostics systems in the healthcare sector for providing better visibility

·       The wildlife spotting application segment is projected to register the highest CAGR over the next six years as these devices help detect animal activity sometimes nearly invisible to the naked eye

·       In Asia Pacific, the constant technology upgrades, as well as a notable increase in the use of military night vision devices in anti-tank missile guidance systems, will boost the market growth

·       Manufacturers emphasis on integrating night vision devices with Infrared solid-state imaging sensors is expected to be a major driver for market growth in near future

·       Some of the key players operating in the night vision device market includes American Technologies Network Corporation; Harris Corporation; FLIR Systems, Inc.; Raytheon Company; Yukon Advanced Optics Worldwide; Bushnell; Firefield; Apresys, Inc.; Luna Optics; and L3 Technologies, Inc.

Grand View Research has segmented the global night vision device market based on type, technology, application, and region:

Night Vision Device Type Outlook (Revenue, USD Million, 2014 - 2025)

·       Camera

·       Goggles

·       Scope

·       Others

Night Vision Device Technology Outlook (Revenue, USD Million, 2014 - 2025)

·       Image Intensifier

·       Thermal Imaging

·       Others

Night Vision Device Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Defense

·       Wildlife Spotting

·       Wildlife Conservation

·       Surveillance

·       Navigation

·       Others

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https://www.grandviewresearch.com/industry/electronic-security-systems-and-devices

About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Home Water Filtration Unit Market Hit USD 24.1 Billion by 2025: Grand View Research, Inc.

18-Nov-2019: The global home water filtration unit market size is expected to reach USD 24.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 15.9% over the forecast period. Growing consumer awareness about increased microbial and chemical contamination of surface water and its harmful effects on human health due to increased dependency on bottled water across the globe is likely to create a robust demand for the market over the anticipated years.

Augmenting awareness among consumers regarding the unfavorable effects of contaminated surface water has resulted in a significant shift in their preference for domestic water purification methods. Rising concerns over various waterborne diseases such as E.Coli, typhoid, and cholera have increased the product demand for domestic purpose. For instance, Kent launched Kent Grand Plus, coupled with TDS controllers, to ensure the purest drinking water for domestic purpose. Kent water purifier products are ideal for Indian conditions because they are equally easy to handle municipal water supply and natural groundwater.

Easy availability of packaged drinking water is a stiff challenge for the global market. In suburban areas, packaged drinking water has a high rate of penetration and acts as a powerful substitute for treated water. But there are many chemicals in plastic drinking bottles such as bisphenol-A (BPA) leading to heart problems, altered hormonal levels, and increased risk of cancer. Due to such adverse effects, Canada and Japan banned the use of BPA in 2008 and 2010 respectively.

RO-based product is expected to expand at the fastest CAGR of 16.2% over the forecast period. Using a semi-permeable membrane to remove impurities, reverse osmosis (RO) technology extends beyond typical filtration capabilities. Hence, demand for this product category is high in the market owing to the fact that this process not only kills microbes but also removes harmful metals such as lead and mercury. For instance, in 2019, German water filtration technologies company, BRITA began its operation in India by launching a new range of water purifiers, namely MyPure Max. This product range involves a combined RO+UV technology and is expected to be initially sold via direct sales.

The APAC market is expected to generate a revenue of USD 9.0 billion by the end of 2025. Demand for the purifiers is expected to increase in this region due to a significant rise in competitors, accompanied by large scale R&D investments made by such companies. Inflating demand for such purifiers in the APAC region is due to higher concentration of impurities present in untreated surface water. For instance, companies such as Eureka Forbes, Livpure, and AO Smith have launched a number of domestic category products over the past few years due to high demand for the purifiers in India and its subcontinent.

Rapid urbanization and increasing cases of waterborne diseases have made the consumers cautious about the health risks associated with impure drinking water, especially in developing countries such as Argentina, Paraguay, China, India, and Sri Lanka. Rising purchasing power parity of consumers in these countries has led to a positive boost in the demand over the past few years.

Some of the key players operating in the market are Best Water Technology Group; HaloSource Inc.; Brita Gmbh; Aquasana; Tata Chemicals; Eureka Forbes Limited; Panasonic; Kent RO System Ltd.; Amway Corporation; EvoQua; and GE Water & Process Technologies Inc.

In depth research report on Home Water Filtration Unit Market

https://www.grandviewresearch.com/industry-analysis/home-water-filtration-unit-market

Further key findings from the study suggest:

·       APAC is projected to generate a revenue of USD 9.0 billion by 2025

·       The RO-based product segment is projected to exhibit the fastest CAGR of 16.2% over the coming years

·       Europe is expected to emerge as the second fastest growing region in the home water filtration unit market and expand at a CAGR of 16.4% over the forecast period. This trend is projected to continue over the anticipated years

·       The industry is highly competitive in nature with the major players including Brita Gmbh, Aquasana, Tata Chemicals, Eureka Forbes Limited, Panasonic, Kent RO System Ltd. Amway Corporation, and EvoQua.

Grand View Research has segmented the global home water filtration unit market on the basis of product and region:

Home water Filtration Unit Product Outlook (Revenue, USD Billion, 2015 - 2025)

·       RO-based

·       UV-based

·       Others

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/electronic-and-electrical

About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Multi-Layer Ceramic Capacitor Market Hit USD 12.32 billion by 2025: Grand View Research, Inc.

7-Nov-2019: The global multi-layer ceramic capacitor market size is expected to reach USD 12.32 billion by 2025, according to a new study conducted by Grand View Research, Inc. It is projected to register a CAGR of 5.1% during the forecast period. High resistance and enhanced frequency of these capacitors are expected to drive the demand.

MLCCs are Surface Mounted Device (SMD) type capacitors used in wide ranges of capacitance. MLCCs are extensively used in numerous end-use industries such as electronics and automotive. These capacitors are preferred over other capacitors owing to features such as higher withstanding voltage, higher reliability, and better frequency. Furthermore, MLCCs are widely used in Radio Frequency (RF) applications such as tuner and cellular phones.

With the view of accommodating popular trends in the electronics industry, such as miniaturization, multi-functional applications, and convergence with high frequency applications, MLCC developers are focusing on the development of advanced MLCC varieties in terms of capacitance. Numerous Chinese capacitor manufacturers are investing in machinery upgrade to meet the processing requirements.

MLCC manufacturers are focusing on offering new varieties of ceramic capacitors such as ultra-small capacitors, high volume capacitors, and low Equivalent Series Inductance (ESL) capacitors to meet the varying needs of customers. In addition, manufacturers are heavily investing in R&D activities to develop advanced MLCCs that can withstand the highly competitive market.

In depth research report on Multi-Layer Ceramic Capacitor (MLCC) Market

https://www.grandviewresearch.com/industry-analysis/multi-layer-ceramic-capacitor-mlcc-market

Further key findings from the report suggest:

·       In terms of type, the general capacitor segment is likely to register a CAGR of 5.1% from 2019 to 2025

·       General capacitors are widely used in several industries owing to their vast benefits in removing noise from the electric circuit and storing electric charge temporarily. These capacitors offer the highest capacitance, excellent DC-bias characteristics, and monolithic structure for high reliability

·       Electronics end use segment is projected to lead the MLCC market over the forecast period. Increasing adoption of consumer electronics products such as smartphones, televisions, tablets, digital still cameras, and computers is expected to accelerate the demand for MLCCs in the electronics industry

·       In terms of dielectric type, the Y5V segment is expected to register the highest CAGR of 5.6% over the forecast period

·       Asia Pacific is expected to continue its dominance and is expected to expand at a CAGR of 5.5% over the forecast period

·       Development initiatives and adoption of improved technologies in developing countries such as China, Taiwan, and India are driving production activities in electronics, automotive, and telecommunications industries, thereby creating more demand for MLCCs.

·

·       Some of the key participants in the MLCC market are Murata Manufacturing Co., Ltd., Taiyo Yuden Co., Ltd., Kyocera Corporation, Yageo Corporation, and Walsin Technology Corporation

Grand View Research has segmented the global Multi-Layer Ceramic Capacitor market on the basis of type, rated voltage range, dielectric type, end use, and region:

Multi-Layer Ceramic Capacitor (MLCC) Type Outlook (Revenue, USD Million, 2014 - 2025)

·       General Capacitor

·       Array

·       Serial Construction

·       Mega Cap

·       Others

Multi-Layer Ceramic Capacitor (MLCC) Rated Voltage Range Outlook (Revenue, USD Million, 2014 - 2025)

·       Low Range (Up to 50 V)

·       Mid Range (100 V - 630 V)

·       High Range (1000 V & above)

Multi-Layer Ceramic Capacitor (MLCC) Dielectric Type Outlook (Revenue, USD Million, 2014 - 2025)

·       X7R

·       X5R

·       C0G

·       Y5V

·       Others

Multi-Layer Ceramic Capacitor (MLCC) End Use Outlook (Revenue, USD Million, 2014 - 2025)

·       Electronics

·       Automotive

·       Industrial

·       Telecommunication

·       Data Transmission

·       Others

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/semiconductors

About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/