Reference Thermometer Value Changes with Variations in Temperature

27-May-2019: The global reference thermometer market size is expected to reach USD 12.91 million by 2025 at a 5.4% CAGR during the forecast period, according to a new report by Grand View Research, Inc.Increasing manufacturing activities in developing and developed nations such as China and India are expected to bolster market growth over the forecast period.

A reference thermometer can be used as a temperature sensor as its resistance value changes with variations in temperature. These thermometers have been in use for a long period and find application in a host of industrial and laboratory temperature measurement processes such as petroleum lab, pharmaceutical lab, test facility, calibration lab, and pipeline flowmeter calibration. They are able to efficiently meet the need for accuracy, stability, repeatability, and reliability of measurement. Owing to the aforementioned features, the reference thermometer market is expected to witness high growth over the forecast period.

By device type, the handheld segment is expected to register the fastest growth owing to benefits such as portability. Furthermore, these devices are less expensive as compared to desktop devices, which are primarily used in the field of scientific research and development due to their enhanced accuracy.

 In depth research report on Reference Thermometer Market

https://www.grandviewresearch.com/industry-analysis/reference-thermometer-market

Further key findings from the report suggest:

·       The global reference thermometer market was valued at USD 8.59 million in 2017 and is expected to reach USD 12.91 million by 2025, expanding at a CAGR of 5.4% over the forecast period

·       Increasing manufacturing activities in developing and developed nations is a prominent factor anticipated to drive the market through 2025

·       By device, the desk-top segment is anticipated to witness considerable growth, registering a CAGR of more than 4.5% over the forecast period. This growth can be attributed to their precise calibration capability and provision of detailed analytical reports, which is a primary requirement in research processes

·       The handheld segment is driven by the feature of portability offered by these high-tech devices. This is anticipated to boost demand for the same over the forecast period

·       On the basis of application, the industrial segment generated the highest revenue in 2017 and is expected to register a CAGR of over 6.0% over the forecast period. Rise in manufacturing activities due to increased foreign investments in this sector, especially in Asia Pacific, has primarily fueled this segment

·       North America accounted for over 35.0% of the market in 2017 and is expected to register a CAGR of over 5.0% over the forecast period. This is owing to extensive manufacturing, power generation, and construction projects in the region and anticipated penetration of reference thermometers in these applications

·       Key players such as Wika Instruments Ltd., Fluke Corporation, and Dostmann Electronic GmbH dominated the market in 2017 owing to their emphasis on expanding their market presence through mergers and acquisitions.

Grand View Research has segmented the global reference thermometer market based on device type, application, and region:

Reference Thermometer Device Type Outlook (Revenue, USD Thousand, 2014 - 2025)

·       Handheld

·       Desk-top

Reference Thermometer Application Outlook (Revenue, USD Thousand, 2014 - 2025)

·       Industrial

·       Medical

·       R&D

·       Others

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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/

Biometrics Technology: Workforce Management Will Take a Place Among the Top Uses of Biometrics

27-May-2019: The global biometrics technology market size is likely to reach USD 59.31 billion by 2025, according to a new study by Grand View Research, Inc., experiencing a CAGR of 19.5% during the forecast period. Surging demand for biometrics technology across various applications is projected to favor the growth of the market over the coming years. Biometrics technology is used by various verticals in public, private, and commercial sectors to counter security threats. This is estimated to stimulate the growth of the market over the forecast period.

Widening scope of applications of biometrics technology in consumer electronics, in order to improve customer experiences, is poised to augment the market over the same period. Incorporation of biometrics technology into e-commerce applications can enable secure transactions and unfold ample growth opportunities to the market. High initial investment cost is anticipated to hamper growth prospects.

Biometrics technology is being increasingly acknowledged for e-passport programs and to keep a check on illegal migrations. Government organizations and defense services are further expected to experience sharp rise in the demand for the technology. In addition, it is used in banking and finance to increase efficiency and to prevent frauds. This is further likely to positively influence the growth of the market.

 In depth research report on Biometrics Technology Market

https://www.grandviewresearch.com/industry-analysis/biometrics-industry

Further key findings from the report suggest:

·       The transport/logistics segment emerged as the leading end-use segment in 2017 and is projected to exhibit a CAGR of 18.1% over the forecast period

·       The non-AFIS segment accounted for 38.1% of the overall market revenue in 2017. The technology is used in various enterprises to enable authorized access, owing to its accuracy and efficiency. AFIS applications are also poised to register a significant CAGR during the forecast period, owing to its use in fingerprint and palm identification for many civil applications

·       North America was the largest regional market in 2017. Biometrics technologies are used in various departments in the U.S., owing to their strict security standards

·       Asia Pacific is also anticipated to contribute significantly to the global market, due to increasing use of the technology in countries such as India, China, and Indonesia

·       The key market participants include Accu-Time Systems, Inc.; BIO-key International, Inc.; David-Link; EyeVerify, Inc.; and FaceFirst.

Grand View Research has segmented the global biometrics technology market based on application, end-use, and region

Biometrics Technology Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Face

·       Hand geometry

·       Voice

·       Signature

·       Iris

·       AFIS

·       Non-AFIS

·       Others

Biometrics Technology End-use Outlook (Revenue, USD Million, 2014 - 2025)

·       Government

·       Banking and Finance

·       Consumer Electronics

·       Healthcare

·       Transport/Logistics

·       Defense & Security

·       Others

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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/

Growing Oil and Gas Exploration Activities have Triggered Demand for Industrial Valves and Actuators

14-May-2019: The global industrial valves and actuators market size is expected to reach USD 145.87 billion by 2025 at a 4.14% CAGR over the forecast period, according to a study conducted by Grand View Research, Inc. Growing demand in the industrial sector, technological advancements propelling use of smart valves and actuators, and stringent government regulations have bolstered market growth. Adoption of industrial valves and actuators has been on a continuous rise owing to the benefits they offer in controlling temperature and pressure throughout downstream, midstream, and upstream activities. Thus, growing oil and gas exploration activities have triggered demand for industrial valves and actuators.

Increasing global water stress, coupled with industrial wastewater disposal in aquatic ecosystems, has led to urgent need for water reclamation. In order to curb these rising issues, demand for effective treatment equipment systems have increased, thereby opening up immense opportunities in water and wastewater industries. Furthermore, 3D printing, also known as additive manufacturing (AM), has the potential to transform the production of industrial valves and actuators. A myriad of conventional designs and products, including check valves, gate valves, and servo valves, can now be developed using 3D printing technology. The technology is helping valve manufacturers in changing the approach from “Just-in-time (JIT) delivery” to “JIT manufacturing”.

Asia Pacific is expected to dominate the market over the forecast period owing to rising subsea explorations and increasing investments in industries such as chemical, water and wastewater, and energy and power. Moreover, expanding production of oil sands and shale gas in North America and growing exploration in regions such as Africa and Asia have spurred market demand. Replacement of old and inefficient valves with more efficient ones for gas transportation in midstream infrastructure is also anticipated to boost demand over the forecast period.

In depth research report on Industrial Valves and Actuators Market

https://www.grandviewresearch.com/industry-analysis/industrial-valves-and-actuators

Further key findings from the study suggest:

·       The linear actuator segment is expected to dominate the industrial actuator market by product owing to its preferred use for gate, globe, check, safety valves, among others

·       The market for ball valves is expected to dominate the industrial valves product segment owing to it wide demand across oil & gas, water & wastewater, chemical, and energy & power industries

·       Asia Pacific is expected to be the largest and fastest-growing region over the forecast period due to increasing demand from industries such as oil & gas, water & wastewater, and energy & power in emerging economies like China and India

·       Prominent industry participants include Emerson Electric Co., Flowserve Corporation, IMI plc, Schlumberger Limited, and AVK Holding A/S.

Grand View Research has segmented the global industrial valves and actuators market based on product type, system, end use, and region:

Industrial Valves and Actuators Product Outlook (Revenue, USD Million, 2015 - 2025)

·       Industrial Valves

·       Gate Valve

·       Globe Valve

·       Ball Valve

·       Butterfly Valve

·       Safety Valve

·       Plug Valve

·       Others (Diaphragm, Check)

·       Industrial Actuators

·       Linear Actuators

·       Rotary Actuators

Industrial Valves and Actuators System Outlook (Revenue, USD Million, 2015 - 2025)

·       Industrial Actuators

·       Mechanical Actuators

·       Electric Actuators

·       Pneumatic Actuators

·       Hydraulic Actuators

Industrial Valves and Actuators End-use Outlook (Revenue, USD Million, 2015 - 2025)

·       Oil & Gas

·       Chemical

·       Energy & Power

·       Water & Wastewater

·       Pulp & Paper

·       Food & Beverage

·       Others (manufacturing, electronics, marine, and textiles)

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/

EDA Software to Achieve Precision in Designing Circuits and ICs

30-April-2019: The global electronic design automation software market size is expected to reach USD 14.54 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 8.9% during the forecast period. Growing preference for compact devices is prompting electronics manufacturers to opt for smaller-size circuits and miniaturized chips/ICs, which can be complex to design. Hence, electronics manufacturers are increasingly adopting EDA software to achieve precision in designing circuits and ICs, thereby driving the market.

As medical devices, consumer electronics, and other smart devices are getting compact, electronics manufacturers are under pressure to design compact processors for these devices. The growing adoption of the software to design compact processors is expected to have a positive impact on the EDA software market. Growing preference for System on Chip (SoC) technology, which is an efficient and cost-effective technology, also bodes well for the market growth.

Asia Pacific electronic design automation software market is expected to register a healthy CAGR over the forecast period. Growing population, disposable income, and rapid urbanization are driving the demand for consumer electronics and proliferation of smartphones. China accounted for the largest regional market share in 2018 driven by a large number of fabless manufacturing companies present in the country.

In depth research report on Electronic Design Automation Software Market

https://www.grandviewresearch.com/industry-analysis/electronic-design-automation-eda-software-market

Further key findings from the study suggest:

·       Memory management unit accounted for more than 20.0% of the market share in 2018 and is expected to expand at a healthy CAGR over the forecast period as the increasing use of powerful processors triggers the need for efficient cache memory management

·       North America is anticipated to register a CAGR of over 7.0% over the forecast period owing to the continued technological advancements and rapid adoption of latest technologies, such as the FinFET architecture

·       The key players, such as Cadence Design Systems, Inc.; Synopsis, Inc.; and Mentorled the Electronic Design Automation (EDA) software market in 2018

·       Major companies are expected to continue focusing on mergers and acquisitions over the forecast period to expand their product portfolio.

Grand View Research has segmented the global Electronic Design Automation (EDA) software market on the basis of end use and regions:

Electronic Data Automation (EDA) Software End Use Outlook (Revenue, USD Million, 2014 - 2025)

·       Microprocessors & Controllers

·       Memory Management Units

·       Others

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https://www.grandviewresearch.com/industry/digital-media

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/

Emission Monitoring Systems: For Monitor and Reduce Emission levels

9-April-2019: The global emission monitoring systems market size is expected to reach USD 4.43 billion by 2025, expanding at a CAGR of 8.6% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Increased deployment and usage in oil and gas, power generation, and metals and mining industries in emerging economies such as China and India are expected to drive the growth.

Emission Monitoring Systems (EMS) have enabled companies to accurately detect, report, and reduce the concentration of harmful gases and improve air quality. The deployment of EMS has also helped regulatory agencies and departments to efficiently monitor emissions from various industries such as oil and gas, metals and mining, and chemical and fertilizer. Technological advancements such as predictive analytics and the development of sensitive and advanced sensors have significantly contributed to the growth of the emission monitoring systems market.

Recognizing the negative consequences of harmful gases into the atmosphere, governments across the globe have taken major steps to monitor and reduce emission levels. Changing regulatory framework, stringent emission standards, and improvement in the data reporting process are also some of the significant factors driving the market growth. Apart from these, growing investment in environmental management, along with personnel health protection are promoting the adoption of EMS.

In depth research report on Emission Monitoring Systems Market

https://www.grandviewresearch.com/industry-analysis/emission-monitoring-systems-market

Further key findings from the study suggest:

·       CEMS segment is expected to expand at the highest CAGR of 8.7% over the forecast period owing to increased adoption of these systems in oil and gas upstream and downstream

·       Development of PEMS capable of higher accuracy in emission detection is further expected to drive the demand and adoption of the systems by major companies in oil and gas, power generation, and chemical and fertilizer industries

·       Hardware segment presently leads the emission monitoring systems market and is also anticipated to be the fastest growing segment over the forecast period. Stringent government regulations and air quality standards by the Environmental Protection Agency (EPA) and European Committee for Standardization of emission monitoring are expected to have a positive influence on growth in U.S. and Europe, respectively

·       Asia Pacific is expected to register the highest CAGR from 2019 to 2025 due to the establishment of new refineries and capacity enhancement of existing refineries to meet the rapidly growing crude oil consumption

·       The key industry players include Ametek, Inc.; ABB Ltd.; Emerson Electric Company; General Electric Company; Horiba Ltd.; Enviro Technology Services Plc.; Fuji Electric Co., Ltd.; Siemens AG; Thermo Fisher Scientific Inc.; and Rockwell Automation, Inc.; among others.

Grand View Research has segmented the global emission monitoring systems market based on type, component, end use, and region.

Emission Monitoring System Type Outlook (Revenue, USD Million, 2014 - 2025)

·       Continuous Emission Monitoring System (CEMS)

·       Predictive Emission Monitoring System (PEMS)

Emission Monitoring System Component Outlook (Revenue, USD Million, 2014 - 2025)

·       Hardware

·       Software

·       Service

·       Installation & Deployment

·       Training

·       Support & Maintenance

Emission Monitoring System End Use Outlook (Revenue, USD Million, 2014 - 2025)

·       Chemical & Fertilizer

·       Metals & Mining

·       Oil & Gas

·       Pharmaceutical

·       Power Generation

·       Pulp & Paper

·       Others

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/