Light-Weight Electronic Devices can Propel the Flexible Electronics Market

14-December-2018: According to a report published by Grand View Research, Inc.; the flexible electronics market is expected to reach a valuation of around USD 87.21 billion by 2024.

Increasing demand for for compact and light-weight electronic devices can propel the market over the forecast period (2013 to 2024). In addition, increasing government expenditure is also expected to support the market growth.

Several advantages associated with it such as ruggedness, light-weight, portability, and low-cost of manufacture as compared to rigid substrates are expected to fuel the market growth. These devices pose high demand in gaming and entertainment industry due to their ability to curve, flex, roll, fold, and conform to provide a spontaneous user interface.

The market is expected to perceive the integration of wearable technology with flexible electronics due to increasing technological developments. Increasing demand for smartphones, smart watches, smart glasses, e-papers, and e-books are likely to boost the demand for this technology in the coming years. Since, the technology enables electronic systems to be the technology facilitates electronic systems to be rolled, flexed, and stretched that helps to design portable, compact, and miniature device. In addition, organic electronics will also offer opportunities sensors in non-display applications such as contactless control, biometric sensor arrays, and gesture recognition.

However, increasing competition with other commercialized technologies including LED, LCD, among the others are likely to hamper the market growth.

Worldwide flexible electronics market can be segmented on the basis of components, application, and region. Based on component, the market can be categorized into display, memory, sensors, battery, and others. The display segment estimated for the highest revenue of over 50%.  The segment is anticipated to expand at a CAGR of more than 16% during the forecast period. Features such as better power efficiency and fast microsecond on/off pixel switching rates are likely to support the segment growth. Increasing applications in e-reader, smartphones, notebooks, laptops, and desktops, is likely to growth of the segment in the coming years.

The battery segment is projected to expand at CAGR over 15% during the study period. Growth of internet of things (IoT) and its execution in wearables and environmental sensors, and energy efficient products are expected to boost the segment.

As per application, the market can be bifurcated into consumer electronics, industrial, automotive, healthcare, and others.

In 2015, The wearable devices segment estimated for over 40% of the total revenue. The segment is expected to display healthy growth over the forecast period due to surge in demand for fitness or activity trackers for tracking physical activity, heart rate, and sleep.

The healthcare segment is likely to witness a steady growth at CAGR of over 8% during 2016 to 2024. This growth can be attributed due to growing usage in x-ray detectors, lab-on-chip devices, light therapies, healthcare photonics, health monitoring devices, and smart plastics.

 Geographically, the market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

In 2015, North America estimated for over 30% of the overall revenue. Factors such as presence of established players, availability of technologically advanced process technologies, and equipment and intellectual property related to flexible electronics are likely to drive the regional growth over the forecast period. Presence of several research universities, which are involved in research projects are also expected to support the growth in the region.

In 2015, Asia Pacific accounted for over 20% revenue share of the total market. This region is likely to show rapid growth at a CAGR more than 17% during 2016 to 2024.  This growth can be attributed to the presence of several major companies with high manufacturing capabilities.

In 2015, European market was valued over USD five billion.  Numerous subsidized projects carried out in countries such as Germany, the UK, Belgium, Netherlands, and Finland to boost the advancements in technology.  This is also driving the growth in this region.

Key companies operating in the market include E Ink Holdings Inc.; ITN Energy Systems Inc.; Thinfilm Electronics ASA.; Samsung; and GE Measurement & Control Solutions.

In-Depth Research Report On Flexible Electronics Market:

https://www.grandviewresearch.com/industry-analysis/flexible-electronics-market

Reduce Rising Crime Rate is Anticipated to Propel Demand for Video Analytics

26-November-2018: According to a report by Grand View Research, Inc., global video analytics market is anticipated to value USD 9.4 billion by 2025. Growing requirement for timely alert regarding unusual and suspicious activities to reduce rising crime rate is anticipated to propel demand for video analytics. Video analytics is likely to offer multiple useful features such as enhanced reliability, improved accuracy, and cost-effectiveness, which are likely to boost its significance in business intelligence.

Increasing use of video analytics in criminal investigations to reach essential clues that can help solve complicated cases can augment market growth. Rising concerns over public safety attributed to increasing number of criminal activities can fuel growth of market. In addition, growing adoption of video analytics in retail sector for estimating display effectiveness, gender bifurcation, average footfall, retail, and healthcare can influence market growth during the forecast period (2014 to 2025).

The video analytics market can be segregated on the basis of type, deployment, application, end-use, and region. Based on type, the market can be bifurcated into services and software. Both service and software are likely to offer features which can be customized according to consumer’s requirements. Software can help in detecting wide range of events including vehicles, objects, and people. It can also analyze videos from multiple sources.

Video analytics can enable detection of minute things even in low visibility and support central management of analytics in deployment that can be accessed anytime and anywhere. This access can be granted using web browser with alarms based on user-defined rules and real-time scene analysis.

Based on deployment, the market can be divided into on-premise and cloud. Cloud segment is anticipated to grow at phenomenal CAGR of 24.5% during the forecast period. Shifting focus of organizations from conventional on-premise installations to cloud deployments can augment growth of segment. Cloud segment can comprise of software as a solution (SaaS), which can enable on-demand subscription model and management of processes. This, in turn, can charge consumers based on number of subscriptions.

However, on-premise business operations are likely to be carried out on user’s company site with dedicated server. In such cases software is expected to be owned completely by the company.

Based on application, the market can be categorized into facial recognition, intrusion detection, crowd management, license plate recognition, motion detection, and others. Crowd management segment is expected to contribute for maximum growth of market attributed to increasing use of video analytics to monitor and control huge crowd at public events. Video analytics when combined with smart surveillance systems can enable critical situation alerts on real-time basis.

Based on end-use, the market can be classified into education, government, retail, transportation, critical infrastructure, city, BFSI, and others. In 2016, retail segment dominated the market and accounted for market share equivalent to USD 418.6 million. Rising demand for video analytics in retail sector is likely to fuel growth of segment during the forecast period.

On the contrary, shifting focus of end-users such as government, BFSI, transportation, city, and critical infrastructure from basic security surveillance to understanding crowd patterns and behavior of individuals can stimulate market growth.

Regional segmentation includes North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. In 2016, North America dominated the market and accounted for market share equivalent to USD 736.6 million. High prevalence of key market players is likely to fuel growth of market in the region. In addition, shifting focus of organizations on safety and security by implementing video analytics can augment market growth.

Asia Pacific region is anticipated to emerge as second largest market after North America in terms of revenue. Strong economic growth in countries such as China, India, and Indonesia can fuel market growth in the region. These economies are expected to invest in intelligent surveillance security systems to increase safety of their citizens. In addition, rising implementation of industry solutions in Japan, India, and China coupled with growing adoption of cloud-based technologies can augment market growth.

Some of the leading companies offering video analytics are IBM Corporation; Honeywell International Inc.; Cisco Systems Inc.; Agent Video Intelligence Ltd.; and Axis Communications AB.

In-Depth Research Report On Video Analytics Market:

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

Photoelectric Sensors Market Hit USD 2.09 billion by 2025: Grand View Research, Inc.

According to a report published by Grand View Research, Inc.; the photoelectric sensors market is expected to reach a valuation of around USD 2.09 billion by 2025.

Rising adoption of this sensors in various industrial end-use including manufacturing, packaging, and material handling industries can propel the market over the forecast period (2014 to 2025).

Various benefits associated with these sensors such as fast response time, long sensing distances, high resolution, cost effectiveness, extended operating life, low maintenance, and less power consumption are likely to boost their demand in different end-use in industries. 

Development and high adoption of industrial internet of things (IIoT) is also expected to positively drive the market growth in the years to come. These devices aid in improving operational efficiency and productivity in industries. Since, numerous industrial process systems depend on sensors to perceive reliable and accurate data to control and automation. 

IIoT mainly uses these sensors to measure pressures, positions, and several other important production parameters. Additionally, introduction of smart photoelectric sensors is likely to support the market growth during the forecast period. Use of these sensors provide several benefits including reduction in downtime, improved reliability, less maintenance cost, and reduced weight.

Full Research Report On Photoelectric Sensors Market Analysis: www.grandviewresearch.com/industry-analysis/photoelectric-sensors-market

Worldwide photoelectric sensors market can be segmented on the basis of technology, end-use, and region.

As per technology, the market can be characterized into diffused, thru-beam, and retro-reflective.

In 2016, the retro-reflective segment accounted for the major market share and expected to grow significantly. The technology offers efficient sensing of glossy and transparent objects, and small and large objects. It also comprises low installation and maintenance costs. The thru-beam segment is estimated to grow at a CAGR over 5.0%. The technology has capabilities like long sensing distances and stable operation. The diffused segment is expected to expand at a reasonable rate over the study period. Based on end-use, the market can be fragmented into automotive, electronics and semiconductor, military and aerospace, packaging, and others.

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The automotive segment dominated the market in 2016. These sensors are extensively used in sensing vehicles in parking lots, noticing shiny objects, and electronic power steering systems. The use of these sensors has increased in automobiles due to high implementation of emission guidelines. For instance, In Europe, the Euro 6 standards for exhaust emissions involves 56% reduction in nitrogen oxides emission for diesel engines. The packaging segment is likely to grow with the highest CAGR during the projected period. This growth can be associated with increasing automation and high adoption of these devices in packaging. These industries use these products for detecting transparent bottles, detection of wafers in vacuum conveyor system, and conveyor positioning control monitoring.

The military and aerospace segments, and electronics and semiconductor segment are projected to grow sensibly during 2017 to 2025. Increasing expenditure in military across several developed as well as emerging countries is likely to support the military and aerospace segment. Sensors are widely accepted in the military and aerospace sectors for detecting biological agent and surveillance.

Geographically, the market can be divided into North America, Europe, Asia Pacific, Central & South America, and Middle East and Africa.

In 2016, Asia Pacific estimated for around 35.0% of the overall market. The region is expected to grow at a CAGR of 6.0% over the forecast period. Increasing adoption of IIoT is various industrial facilities, growing technological advancements for improving operational efficiency, and rise in safety directives are likely to increase the demand for these sensors in the coming years. Rise in government regulations and industrial automation in emerging countries such as Japan, China, and India are expected to support6 the market growth in this region.

Europe is expected to grow on account of increasing implementation of strict guidelines for industrial automation in numerous manufacturing settings. The Middle East is also likely to observe promising demand due to existence of oil and gas companies in the region.

Major companies operating in the market include Rockwell Automation Inc.; Keyence Corporation; Panasonic Corporation; Schneider Electric SE; and Autonics Corporation.

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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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com/

industrial microwave heating equipment market HIt USD 1.4 billion by 2025

15-November-2018: According to a report published by Grand View Research, Inc.; the global industrial microwave heating equipment market is anticipated to reach a valuation of around USD 1.4 billion by 2025. Increasing implementation of magnetrons and Radio Frequency (RF) solid state amplifiers in various end-use industries like food, plastic, paper, and wood can propel market growth during the forecast period (2014 to 2025). In addition, increasing government regulations related to safe use of the equipment can positively impact the market.

Industrial microwave heating equipment reduces over-processing, overheating, and scorching. They also provide instantaneous heating control and are considered eco-friendly as they do not produce combustion byproducts. The equipment has applications including tempering and blanching, drying and sterilizing, foaming plastic materials, rubber curing and tire pre-heating, final drying at paper making, polymerization, and drying synthetic and coated paper. All these factors are anticipated to drive the market demand over the forecast period.

The worldwide industrial microwave heating equipment market can be segmented on the basis of equipment, end-use, and region. Based on equipment, the market can be bifurcated into magnetrons and RF solid state amplifiers. The RF solid state amplifiers segment is expected to expand at a CAGR of around 13.0% over the forecast period. High demand from various end-use industries is anticipated to spur the market growth in the forthcoming years. These amplifiers offer better operating life, frequency tuning, fast frequency hopping, and high precision output power control. Frequent technological developments are expected to bode well for the adoption of this product in near future.

As per end-use, the market for industrial microwave heating equipment can be fragmented into food, paper, plastics, chemicals, wood and derivatives, and others. In 2016, food industry acquired the largest market share and is likely to grow at a CAGR of close to 7.0% during 2017 to 2025. Extensive usage in food industry due to versatile applications in cooking, sterilizing, drying, foaming, tempering, and blanching can propel segment growth.

The plastic segment is expected to expand at a CAGR of over 6.0% during the estimated period. Rising applications in drying casting cores, melting optical fibers with high polypropylene content, preheating plastic profiles, and heating epoxide pipes/tubes and heat-shrinkable molded parts are expected to impel demand over the forecast period.

Geographically, the market for industrial microwave heating equipment can be divided into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. In 2016, Europe accounted for the largest market share with around 34.0%. It is expected to display significant expansion at around 6.0% CAGR during the forecast period. This growth is attributed to rapid industrialization and implementation of strict government regulations regarding use of microwaves/RF equipment in industrial processing. This region is home to various technology-driven nations and is likely to witness exponential rise in adoption of RF solid-state amplifiers  in the years to come.

In 2016, North America and Asia Pacific collectively accounted for over 50% of the overall market share. Both the regions are expected to register significant CAGR during the forecast period. This growth can be accredited to availability of chemical, paper, and food companies. Middle East and Africa and Latin America are expected to exhibit considerable growth over the forecast period.

Key players operating in the industrial microwave heating equipment market include Toshiba Hokuto Electronics Corporation, Communications & Power Industries LLC, Richardson Electronics, Ltd., Muegge GmbH, and L3 Electron Devices. Major companies are increasingly investing in research and development activities to provide energy efficient and affordable products. They are also focusing on inorganic growth strategies like mergers and acquisitions and joint ventures to sustain market competition and gain higher profit margins. Market players are also trying to maintain their position in global scenario through enhanced distribution channels and services.

In-Depth Research Report On Industrial Microwave Heating Equipment Market:

https://www.grandviewresearch.com/industry-analysis/industrial-microwave-heating-equipment-market

Discovery of New Reserves to Boost Beryllium Market Demand

26-September-2018: The worldwide beryllium market is anticipated to reach USD 80.7 million by 2025, according to a report by Grand View Research, Inc. Beryllium is a metal consisting of properties such as stability at volatile temperatures, heat absorbing capacity, high melting point, and thermal conductivity. Alloys derived from the metal are gaining prominence in consumer electronics, aerospace and defense, and telecommunications owing to their superior characteristics. Major producers of beryllium are the U.S., Mozambique, Madagascar, and China.

Health and safety (HSE) regulations are mandatorily followed in beryllium mines to prevent chronic beryllium and lung cancer among workers. This is exemplified by guidelines drawn by the Occupational Safety and Health Administration (OSHA), a U.S. agency, to protect workers in construction and shipyards. R&D investments by prominent companies are anticipated to pave open growth opportunities for the metal. In 2015, ArQule Inc. and Beryllium Discovery Corporation announced a joint effort to identify potential of small molecule compounds in combating various tumors.

Positive feasibility studies regarding the extraction of beryllium can extend its area of applications. The Authier Lithium Project, a major mining center located in Canada, is being eyed by Sayona Mining, an Australian company for extraction purposes. Beryllium-based alloys have high demand in the aerospace and defense sector owing to its structural strength. Companies such as IBC Advanced Alloys Corporation and Materion Corporation have been awarded contracts by the defense sector for building components, cementing the status of beryllium as a critical metal.

The beryllium market is expected a steady growth rate from 2014 to 2025 (forecast period) owing to its superior characteristics. Increasing demand for the metal in aerospace and defense sectors is anticipated to spur market growth over the forecast period. Miniaturization of electronic components coupled with high need for low weight materials are likely to contribute to market growth. Key market players include NGK Metals Corporation; Materion Corporation; Ulba Metallurgical Plant; and Texas Mineral Resources Corp. Establishment of numerous distribution channels coupled with a streamlined value chain are strategies being used by players to meet high market demand.

In-Depth Research Report On Beryllium Market:

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

Food Service Equipment Plays a Key Role in the Hospitality Sector

The global food service equipment market is expected to reach USD 56.0 billion by 2024, according to a new report by Grand View Research, Inc. Increasing use of cost-effective and energy-efficient products to reduce the energy consumption is expected to offer lucrative opportunities to the market over the forecast period.

Food service equipment plays a key role in the hospitality sector. Increasing demand from restaurants, hotels and food chains is contributing to the industry growth. Moreover, regulations and standards set by the food regulatory authorities are enabling manufacturers to develop equipment compliant with these standards.

Increasing sanitation, hygiene and less time-consuming requirements are attributing to the adoption of these equipment among households. Also, the upgraded products not only reduce the energy expenses but also are eco-friendly.

Changing consumer lifestyle and rising disposable income are the major factors driving market growth. The increase in labor cost in developing countries is attracting the demand for washware equipment among households. Changing food habits of the working class population has led to increase in demand for ready to eat and processes food. This has resulted in the expansion of hypermarkets and retail outlets leading to rise in demand for refrigeration and storage equipment.

Moreover, continuous advancements in cooling technologies and increased restriction on the use of CFCs has accentuated the demand for frequent upgradation in products. Increasing awareness to save water and electricity has also contributed to growing demand for low-energy consuming products.

In depth research report on Food Service Equipment Market

http://www.grandviewresearch.com/industry-analysis/food-service-equipment-market

Further key findings from the report suggest:

·       Kitchen service equipment is estimated to reach over 28% by 2024 and growing at a CAGR of over 4.0% from 2016 to 2024. Rising trend of nuclear families is expected to boost the demand for these products. Moreover, the shift from conventional to smart appliances is anticipated to contribute to the segment growth.

·       Refrigeration segment is expected to grow at a CAGR of over 4.2% from 2016 to 2024. This growth can be attributed to continuous improvements in energy consumption standards for these devices and rising need for processed food in developing countries.

·       The North America food service equipment industry is expected to remain the largest market owing to the widespread adoption of technologically advanced devices. The regional industry is projected to account for over 38% by 2024, growing at a CAGR of over 3.5% from 2016 to 2024.

·       Food service equipment vendors are evolving new business models to meet customer demands by offering cost-effective, energy-efficient and technologically advanced products.

·       Key players in the food service equipment market include Ali Group, ITW, Dover Corporation, Middleby Corporation and Manitowoc Company Inc. Competition for food service equipment providers is particularly intense and increasingly focused on pricing.

Grand View Research has segmented the food service equipment market on the basis of equipment:

Food Service Equipment Product Outlook (Revenue, USD Billion, 2013 - 2024)

·       Kitchen purposes

·       Refrigeration

·       Storage

·       Ware washing

·       Food holding and serving

·       Others

Food Service Equipment Washware Equipment Outlook (Revenue, USD Billion, 2013 - 2024)

·       Booster Heaters

·       Dish Washers

·       Disposers

·       Utensil Washer

·       Others

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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/

The Fire Safety Equipment That Every Organization Needs

The global fire safety equipment market is expected to reach USD 43.60 billion by 2022, according to a new report by Grand View Research, Inc. Emerging technologies such as wireless sensor networks coupled with stringent safety regulations across the globe resulting in extensive use of advanced devices is expected to play a vital role in augmenting demand over the next seven years.

Stringent enforcement of building and safety codes are expected to increase penetration of these devices in infrastructure and construction segment. Growing adoption of advanced detection technologies and environment-friendly suppression agents is projected to play a vital role in shaping market dynamics.

Growing use of fire safety equipment in critical mass transportation infrastructure such as airports and intelligent transportation systems is expected to open new avenues for industry growth. Radically growing commercial sector, rapid industrialization and growing overall real estate industry in the developing countries is anticipated to fuel the demand.

However, the inconsistent enforcement of these codes is challenging manufacturers across the globe. Additionally, the rising maintenance and replacement services can hinder industry demand.

 In depth research report on Fire Safety Equipment Market

http://www.grandviewresearch.com/industry-analysis/fire-safety-equipment-market

Further key findings from the report suggest:

·       The fire detectors market has significant growth opportunities owing to continuous innovations in smart home automation related applications. The industry is estimated to grow at a CAGR of over 7.5% by 2022. Further, increased adoption of safety standards and norms in industrial sectors such as power, oil & gas and transportation are also anticipated to fuel their demand.

·       The demand for fire suppression equipment across industrial applications is estimated to grow at a CAGR of over 9.0% from 2015 to 2022. Oil & gas is the primary field responsible for the expansion of these devices on a large scale. Rising investment of companies for safeguarding the infrastructure and reducing the loss of property and life across different commercial applications is estimated to further propel demand across the commercial sector.

·       Asia Pacific fire safety equipment market is estimated to grow at a CAGR of over 12.5% from 2015 to 2022. Growing economy combined with expanding construction sector offers a strong platform for investments across the region. Rising number of fire accidents across countries such as China, India are highlighting the need for better safety standards across varied commercial segments. Additionally, growing number of SMEs and enterprises are also anticipated to propel market growth

·       Key industry participants include Honeywell International, Tyco International, Bosch GmbH, Siemens Building Technologies and United Technologies.

Grand View Research has segmented the fire safety equipment market on the basis of solution, product, application and region:

Fire Safety Equipment Solution Outlook (Revenue, USD Million, 2012 - 2022)

·       Fire detection

·       Fire suppression

Fire Detection Equipment Product Outlook (Revenue, USD Million, 2012 - 2022)

·       Fire detectors

·       Flame

·       Smoke

·       Heat

·       Fire alarms

Fire Detection Equipment Application Outlook (Revenue, USD Million, 2012 - 2022)

·       Commercial

·       Industrial

·       Residential

Fire Suppression Equipment Product Outlook (Revenue, USD Million, 2012 - 2022)

·       Fire extinguishers

·       Gas

·       Water

·       Dry chemical powder

o   Others

·       Fire sprinklers

Fire Suppression Equipment Application Outlook (Revenue, USD Million, 2012 - 2022)

·       Commercial

·       Industrial

·       Residential

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/sensors-and-controls

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/