Innovative Commercial Kitchen Equipment to Ease Cooking

Rapidly increasing number of commercial food outlets across the globe is anticipated to propel the demand for advanced commercial kitchen equipment, such as ovens and refrigerators. These equipment make it easy for chefs and cooks to fulfill consumer demands, in terms of food taste and cuisines.

New Induction Cooking Equipment to Offer Smart Cooking

Commercial kitchen equipment include induction cooktops, refrigerators, ovens, dishwashers, and several others. The refrigerators segment accounted for 45 % of the overall revenue share in 2016. On the other hand, induction cooktops segment would generate huge revenue in the coming years due to rising demand for energy-efficient kitchen appliances. Most of the companies aim at introducing new and innovative equipment for commercial kitchens.

For instance, Hatco Corp. recently launched a new range of induction-cooking equipment for commercial kitchens called Rapide Cuisine. The new countertop induction range offers low-profile design to support rigorous kitchen jobs. In addition, it also offers pre-set programming capabilities and high-resolution Thin Film Transistor (TFT) display screen to view and adjust cooking temperature. Presently, the company is delivering only single countertop or built-in models; however, it is planning to launch the double countertop units as well.

Market Insights

The global commercial kitchen equipment market is likely to reach USD 112.47 billion by 2025, according to a report by Grand View Research, Inc. Increasing demand for Quick Service Restaurants (QSR) among youth is likely to stimulate the growth of this market over the forecast years (from 2018 to 2025). Increasing number of travelers opting for staying in hotels is also expected to fuel the market development in the next few years. High demand for low-calorie and healthy food products is also likely to have a major impact on the commercial kitchen equipment market expansion.

Rapidly growing international café outlets and Fast Food Chains (FFCs) is anticipated to propel the market demand. Development of railways across various regions, due to rising demand for superior on board facilities, along with expanding tourism sector can also spur market growth. Some of the leading companies offering highly advanced commercial kitchen equipment are Garland Group, Inc.; The Vollrath Company, LLC; G.S. Blodgett Corporation; Middleby Corporation Company; and Bonnet International.

In-Depth Research Report On Commercial Kitchen Equipment Market:

https://www.grandviewresearch.com/industry-analysis/commercial-kitchen-equipment-appliances-market

Retail Automation to Revolutionize Shopping

Mom-and-pop stores have been a staple fixture to purchase all types of goods but with the exceeding demand for goods, retail chain outlets and supermarket chains came to rise. However, increasing population gave way to long waiting times at checkout counters causing inconvenience to customers. Automation aims to change that scenario by providing consumers with more power to ease their shopping needs. Retail automation utilizes various electronic devices and latest technologies to optimize processes in the retail sector. Advent of smartphones and Internet-of-Things (IoT) has encouraged retail stores to ditch legacy products for new devices to attract customers.

Emphasis on a Pleasant Customer Experience

Products used to automate processes and services include barcode and Radio-Frequency Identification (RFID), autonomous guided vehicles, electronic shelf labels, cameras, Point-of-Sale (POS), and others.

The barcode and RFID segment is likely to witness high demand over the forecast period (from 2018 to 2025) on account of the technology being integral in inventory management. The competitive edge it provides over e-commerce stores can also augment segment demand in the forthcoming years. Increasing demand for sophisticated retail services due to high living standards, particularly in developed regions, can bolster the segment growth.

The cameras segment is expected to exhibit a decent growth rate over the coming years due to security concerns regarding shoplifting and administrative errors. In 2017, Poly, a U.S.-based startup gained capital from private investors to provide novel security measures to identify individual customers. Using machine learning (ML) technology and security cameras, it can record shopping patterns to offer customized experiences.

Market Outlook

The global retail automation market valuation is projected to reach USD 19.17 billion by 2025, as per a report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 8.7 % from 2018 to 2025. Increasing demand for technology to streamline processes in the retail sector is expected to be the key growth driver for the market. Adoption of automation across supermarket chains to lower the waiting time of customers is also likely to augur market growth over the forecast period. Self-serving kiosks, which can present new growth opportunities for the market, may also contribute toward its expansion. Prominent market players include NCR Corporation, Fujitsu Limited, Diebold Nixdorf, Incorporated, and ZIH Corp.

In-Depth Research Report On Retail Automation Market:

https://www.grandviewresearch.com/industry-analysis/retail-automation-market

Beryllium – A High Performance Alloy

Beryllium is an element possessing a higher modulus of elasticity than steel. Several properties of beryllium such as high melting point, heat absorbing capacity, thermal conductivity, and heat & dissipation coupled with its lightweight nature make it a viable element. Alloys derived from beryllium and other metals such as copper, iron, and aluminum have a high demand in medical, industrial, and electronic applications. Other application areas for beryllium and its alloys include aerospace & defense, telecom, energy, and others. Health and safety regulations outlined by governments to prevent Chronic Beryllium Disease (CBD) or berylliosis and lung cancer in miners can have a positive impact the product demand.

Aerospace & Defense: A Major Application Segment for Beryllium

The aerospace and defense segment is anticipated to register a decent growth rate of 5.5 % during the forecast period (from 2017 to 2025) on account of beryllium alloys being used in military jets. The U.S. is a major consumer of beryllium, with volumes of the metal being stockpiled by the U.S. Department of Defense for safekeeping and defense applications. IBC Advanced Alloys, a U.S. company uses beryllium-based alloys for creating castings and forgings for clients in the aerospace sector due to its lightweight nature.

The consumer electronics segment possesses the potential to generate significant revenue owing to ongoing trend of component miniaturization. Properties of thermal conductivity and electrical insulation is anticipated to lead to its application in high-definition television sets and connectors of smartphone chargers. Presence of major players in the consumer electronic sector in China and Japan are expected to create high market demand by 2025.

Market Outlook

The global beryllium market is expected to reach a valuation of USD 80.7 million by 2025, according to a report by Grand View Research, Inc. Superior mechanical and physical properties of beryllium are likely to drive market demand during the forecast period. Increasing demand for beryllium and its alloys in sectors such as aerospace, defense, electronics, and metals is anticipated to spur market growth in the years to come. Key market players include Texas Mineral Resources Corp.; Materion Corporation; Ulba Metallurgical Plant; and NGK Metals Corporation.

In-Depth Research Report On Automotive Appearance Chemicals Market:

https://www.grandviewresearch.com/industry-analysis/beryllium-market

Europium – Most Relevant Commodity in Consumer Electronics

Europium is a rare earth element (REE) with an array of applications in metallurgy, automotive devices, consumer electronics, and optoelectronic devices. Derivatives of europium available in the form of nitrates and oxides are used as doping agents to bond discrete elements. Discovery of REEs in Australia and Japan can bode well for sectors heavily relying on the metal. Methods in recycling consumer electronics are underway in China to extract REEs and reuse them for future production.

Advances in Research to Boost Europium Use

Major end users of europium include anti-counterfeiting, nuclear labs, semiconductors, consumer electronics, lighting, metallurgy, healthcare, automotive, and others. The consumer electronics segment is touted to exhibit a high growth rate due to increasing demand for wearables, smartphones, and 4K television sets. Increased customer budgets and improved connectivity due to advances in networking technologies are expected to significantly influence the segment demand. A group of researchers from the University of Buffalo has managed to successfully control energy levels between europium sulfide and tungsten diselenide when placed on a silicon chip.

The lighting segment is estimated to command a considerable demand of europium owing to increased usage of the element in mercury lamps. Transition to solid state lighting systems such as Light-Emitting Diodes (LEDs) by consumers coupled with a rise in infrastructural projects are expected to bolster the segment growth. In 2014, a group of researchers from reputed institutes succeeded in bonding europium with gallium nitride (GaN) with the help of oxygen. The combination can be used in powering red LED lights, as well as imaging techniques such as the Rutherford Backscattering.

Market Outlook

The global europium market is projected to reach USD 308.9 million by 2025, according to a report by Grand View Research, Inc. It is expected to experience immense growth from 2014 to 2025 (forecast period) thanks to the growing consumer electronics sector. Increasing demand for europium oxide and nitrates are likely to propel market demand during the forecast period. Applications of the element in material sciences, electrical, and energy sectors can increase the ambit of the market in the forthcoming years. Prominent market players include Canada Rare Earth Corporation, Lynas Corporation, Baotou Group, and China Minmetals.

In-Depth Research Report On Europium Market:

https://www.grandviewresearch.com/industry-analysis/europium-market

Increasing Demand for Intelligent Security Surveillance Systems is the Key Factor Driving Video Analytics Market Growth

The global video analytics market size is expected to reach USD 9.4 billion by 2025, according to a new study by Grand View Research, Inc., registering a 22.8% CAGR over the forecast period. Increasing demand for intelligent security surveillance systems, which can be used for estimating key trends and deriving patterns, is the key factor driving market growth. In addition, increasing concerns over public safety and use of video analytics in criminal investigations are positively impacting demand for video analytics solutions.

Apart from surveillance, video analytics solutions have also found increasing application in the retail sector for estimating average footfall, gender bifurcation, display effectiveness, and attractiveness of shelf space. Furthermore, superstores and mega marts have started implementing these systems to gain insight into consumer behavior.

Use of advanced algorithm technology in video analytics enables examination of captured videos frame by frame, irrespective of light exposure, thereby making video analytics a reliable and efficient choice for ensuring security. Furthermore, industries such as transportation, retail, and healthcare are witnessing significant increase in the adoption of video analytics, owing to rising application of intrusion detection, license plate recognition, crowd management, and congestion detection in these industries.

In depth research report on Video Analytics Market

https://www.grandviewresearch.com/industry-analysis/video-analytics-market

Further key findings from the study suggest:

·       Facial recognition is expected to emerge as the fastest growing application segment with a CAGR of 25.9% from 2017 to 2025. This can be attributed to widening scope of facial recognition solutions for surveillance purposes at malls, events, airports, and public transport, among others

·       By type, the services segment is projected to register the highest CAGR of 24.0% for the next eight years. This can be attributed to increasing demand for and installation of video analytics solutions, which are, in turn, propelling demand for related managed and professional services

·       The cloud segment is anticipated to emerge as the most preferred deployment option for video analytics solutions as it offers flexibility and convenience, allows remote access, and provides easy maintenance

·       North America accounted for the largest share in 2016 and is driven by presence of prominent market players who consistently work on developing new and innovative technologies in video analytics

·       The retail end-use segment is anticipated to register the highest CAGR of 25.6% over the forecast period.  This may be attributed to use of video analytics in applications such as people counting, display and promotion effectiveness, product placement and store layout, and customer preference pattern analysis

·       Asia Pacific is expected to experience the highest growth from 2017 to 2025, driven by emerging economies such as India and China. These nations are expected to augment their expenditure on intelligent and security surveillance systems

·       Key industry participants include Cisco Systems, Inc.; Axis Communications AB; Bosch Security Systems GmbH; Agent Video Intelligence Ltd.; Honeywell International Inc.; IBM Corporation; AllGoVision Technologies Pvt. Ltd.; Genetec Inc.; Aventura Inc.; and i2v System Pvt. Ltd.

Grand View Research has segmented the global video analytics market based on type, deployment, application, end use, and region.

Video Analytics Type Outlook (Revenue, USD Million, 2014 - 2025)

·       Software

·       Services

Video Analytics Deployment Outlook (Revenue, USD Million, 2014 - 2025)

·       Cloud

·       On-premise

Video Analytics Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Crowd Management

·       Facial Recognition

·       Intrusion Detection

·       License Plate Recognition

·       Motion Detection

·       Others

Video Analytics End-use Outlook (Revenue, USD Million, 2014 - 2025)

·       BFSI

·       City

·       Critical Infrastructure

·       Education

·       Government

·       Retail

·       Transportation

·       Others

Browse more research reports of this category:

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

 About Grand View Research

Grand View Research, Inc. is a 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/

LED Lighting Market Hit USD 108.99 billion by 2025 : Grand View Research, Inc.

The global LED lighting market size is expected to reach USD 108.99 billion by 2025, according to a new report by Grand View Research, Inc., and will register a CAGR of 14.4% during the forecast period. Continuous development of energy-saving capabilities, introduction of Standard Deviation Color Matching (SDCM) control, and longer lifespan compared to CFL lamps have accelerated demand for LED lamps at a global level. Introduction of smart/connected lighting and its multiple uses in residential, commercial, and industrial sectors has also spurred market growth.

Next-generation lighting has become a substitute for incandescent bulbs due to its benefits such as higher efficiency, low cost of operation, and reduced heat losses. Technological advancements, shift from conventional to green lighting, enhanced energy efficiency standards, and declining prices have also spurred demand. Moreover, strict regulatory policies across U.S., European Union, China, and Canada regarding conventional lighting and energy consumption are anticipated to favor market demand over the coming years. Corresponding ratings and design standards categorizing energy efficiency are also finding prevalence across economies such as Japan and China.

The indoor LED lighting segment held the largest share in 2016 and is anticipated to register a comparatively lower growth rate from 2017 to 2025. High adoption of light emitting diodes as an alternative to florescent, HID, and incandescent lightings has paved the way for indoor lighting on a large scale.

In depth research report on LED Lighting Market

https://www.grandviewresearch.com/industry-analysis/led-lighting-market

Further key findings from the report suggest:

·       The global LED lighting market is expected to develop at a CAGR of 14.4% from 2017 to 2025

·       OLED emerged as the largest product segment in 2016 and is estimated to generate revenue worth USD 58.0 billion by 2025

·       Global LED luminaires demand was valued at USD 10.63 billion in 2016 and is anticipated to witness staggered growth over the course of the forecast period

·       The U.S. LED architectural lighting market was valued at USD 0.79 billion in 2016 and is anticipated to exhibit a CAGR of nearly 15.0% over the forecast period.

·       The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to tremendous demand for energy-efficient lighting in residential and commercial sectors. The regional market is expected to exhibit a CAGR of 15.4% from 2017 to 2025

·       Key players such as Koninklijke Philips Electronics N.V.; OSRAM GmbH; Cree, Inc.; Eaton; and GE dominated the global LED lighting market, accounting for about 59.0% of the total revenue in 2016.

Grand View Research has segmented the global LED lighting market on the basis of product, design, application, and region:

LED Lighting Product Outlook (Revenue, USD Million, 2014 - 2025)

·       Basic LED

·       High brightness LED

·       OLED

·       Others

LED Lighting Design Outlook (Revenue, USD Million, 2014 - 2025)

·       Lamps

o   A-Lamps

o   MR-16

o   Reflectors

o   T-Lamps

o   Others

·       Luminaires

o   Streetlights

o   Downlights

o   High Bays

o   Troffers

o   Track lights

o   Suspended pendants

o   Others

LED Lighting Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Indoor

o   Commercial

o   Residential

o   Industrial

o   Others

·       Outdoor

o   Architectural

o   Public places

o   Others

Browse more research reports of this category:

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

 About Grand View Research

Grand View Research, Inc. is a 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/

Wireless Infrastructure Market Hit USD 116.75 billion : Grand View Research, Inc.

The global wireless infrastructure market size is expected to reach USD 116.75 billion by 2025, according to a new report conducted by Grand View Research, Inc., exhibiting a CAGR of 5.7% during the forecast period. Enterprises have been shifting to hosted and managed networking and communication services as these address problems of high initial investments associated with unified communications systems. Small and mediums businesses (SMBs) and larger enterprises have realized the benefits of network infrastructures, thereby fueling market growth.

Growing demand for enterprise mobility is expected to favorably impact the market, particularly in the telecom application area, over the forecast period. The healthcare sector is also expected to be a fast-growing sector, owing to high-quality data transmission and connectivity enabling enhanced patient care and video collaborations resulting in reductions in healthcare costs.

The imminent telecom and network infrastructure era is likely to witness colossal growth opportunities attributable to the persistent era of BYOD, WYOD, cloud computing, Artificial Intelligence (AI) in telecom applications, and an era of 4G, LTE, and 5G high-speed data connectivity network infrastructure capabilities.

The market can be categorized based on technology into Macrocell RAN, Small Cells, RRH, DAS, Cloud RAN, Carrier Wi-Fi, Mobile Core, and Backhaul. The Macrocell RAN technology segment is anticipated to dominate the market in terms of size, as a principal contributor to the overall revenue by 2025. The segment is expected to, however, register a slow growth rate on account of increasing adoption of its technologically advanced HetNet counterparts in the years to come. The healthcare sector is expected to be an emerging revenue pocket for wireless infrastructure solutions with increasing focus on networking technologies.

In depth research report on Wireless Infrastructure Market 

https://www.grandviewresearch.com/industry-analysis/wireless-infrastructure-market

Further key findings from the report suggest:

·       North America, being a densely populated commercial hub, dominated the global wireless infrastructure market in terms of revenue in 2016. Favorable government policies, regulations, and subsidies are driving the growth of the network and telecom infrastructure sector in the region

·       Increasing need for high-speed mobile Internet and 4G connections is expected to accelerate LTE deployments worldwide

·       Rising investments by operators to deploy high-speed networks are expected to drive the number of Mobile Broadband (MBB) connections over the forecast period

·       Key industry participants include Huawei Technologies Co., Ltd. (Shenzhen, Guangdong); Qualcomm Technologies, Inc. (U.S.); Samsung (Japan); Ericsson (Sweden); and ZTE Corporation (China).

Grand View Research has segmented the global wireless infrastructure market based on technology and region:

Wireless Infrastructure Technology Outlook (Revenue, USD Billion, 2014 - 2025)

·       Macrocell Radio Access Networks (RAN)

·       Small Cells

·       Remote Radio Heads (RRH)

·       Distributed Antenna Systems (DAS)

·       Cloud RAN

·       Carrier Wi-Fi

·       Mobile Core

·       Backhaul

Browse more research reports of this category:

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

 About Grand View Research

Grand View Research, Inc. is a 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/