Metal Fabrication Equipment Market Hit USD 92.84 Billion by 2025: Grand View Research, Inc.

26-Aug-2019: The global metal fabrication equipment market size is projected to reach USD 92.84 billion by 2025, expanding at CAGR of 3.90%, according to a new report by Grand View Research, Inc. The market is fueled by rapid industrialization in developing economies from the Asia Pacific amid increasing population and the need for advanced infrastructure.

The demand for metal fabrication equipment is dominated by applications such as job shops, automotive, and ancillary industries among others. The automotive industry, under continuous evolution in terms of technology and materials used, is a major application segment for the advanced state-of-the-art equipment. Changing technological and raw material requirements are a result of increased the stringency of emission and safety norms imposed by governments across the globe.

The Asia Pacific leads the metal fabrication equipment market with the majority of machines consumed in China followed by Japan and South Korea. The Chinese fabrication equipment manufacturing base is huge and still imports most of the advanced machinery from the European manufacturers based in countries such as Germany and Switzerland. Other emerging economies such as India, Indonesia, and Vietnam are expected to further drive the regional demand for fabrication equipment.

The metal fabrication equipment market has experienced stagnation in demand over the last few years owing to the global economic slowdown. Europe and North America experienced the excessive downfall in terms of sales from 2009 to 2015, due to the recession. However, the European automotive industry has regained momentum and the market is expected to continue surging over the forecast period. North America is anticipated to be driven by the exponential growth in automotive manufacturing in Mexico coupled with the growth of the Electric Vehicle (EV) segment in the U.S. The surge in electric vehicle manufacturing has compelled the use of advanced fabrication equipment capable of operating across a variety of metals and composites.

 In depth research report on Metal Fabrication Equipment Market

https://www.grandviewresearch.com/industry-analysis/metal-fabrication-equipment-market

Further key findings from the study suggest:

·       Mechanical component is expected to be the fastest growing application segment with an estimated CAGR of 4.26% from 2018 to 2025

·       Aerospace and defense manufacturing industry is one of the most significant emerging application segments

·       U.S. metal fabrication equipment market is estimated to be the fastest growing in North American region, registering a CAGR of 3.81% over the forecast period

·       The South Korea job shops segment is expected to reach USD 1.56 billion, registering a CAGR of 4.31% from 2018 to 2025

·       Key market players are Amada Corporation, TRUMPF, and Bystronic Laser AG.

Grand View Research has segmented the global metal fabrication equipment market on the basis of type, application, and region:

Metal Fabrication Equipment Type Outlook (Revenue, USD Billion, 2015 - 2025)

·       Cutting

·       Machining

·       Welding

·       Bending

·       Others

Metal Fabrication Equipment Application Outlook (Revenue, USD Billion, 2015 - 2025)

·       Job Shops

·       Automotive

·       Aerospace & Defense

·       Mechanical Application

·       Others

Browse more research reports of this category:

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

About Grand View Research

Grand View Research, Inc. in 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/

How Servo Motors Help to Reduce Operating Time?

30-July-2019: The global servo motor market size is expected to attain a market size of USD 14.4 billion by 2025, registering a CAGR of 6.4% over the forecast period, according to a new report by Grand View Research, Inc. Servo motors help reduce operating time and save costs of inventory processes and manufacturing. Development of efficient and advanced automation technologies, easy integration and use of motion control components in motors, and increased adoption of energy-efficient international standards are prime growth drivers of the market. Rising demand for energy-efficient motors has resulted in a shift from standard energy-efficient electric motors to premium ones. This shift in trend is directly contributing to rising demand for servo motors as well revenue growth of motor manufacturers.

Technological advancements in the servo motors market have been focused on reducing the weight and size of motors and increasing the torque. The latter has been achieved with the use of rare earth magnets. Suppliers such as GE Fanuc have introduced motors offering a high and continuous torque rating for use in applications such as injection molding. Additionally, Yaskawa Electric Corporation is focusing on winding techniques and improvements in high-energy product magnet materials. To keep prices stable, production techniques are becoming increasingly important. Just-in-time manufacturing is being widely used and production of servo motors is itself automated.

The market environment has become favorable for advanced technologies with users increasingly investing in designs that offer greater performance and reliability as well as higher efficiency. Greater customer confidence and understanding of these benefits has boosted demand for servo motors. Additionally, manufacturers are focusing on value-added and improved profitability as a means to maintain their competitiveness. This has led customers investing large amounts in newer and more advanced technologies such as servo motors.

Factors such as volatile prices and availability of raw materials, easy availability of substitute motors, and complex manufacturing processes are key restraints to market growth. However, declining prices of and increasing demand for servo motors are expected to lead to steady market growth.

In depth research report on Servo Motor Market

https://www.grandviewresearch.com/industry-analysis/servo-motor-market

Further key findings from the report suggest:

·       The servo motors market is anticipated to register a CAGR of 6.4%. Growth can be attributed to increasing focus on construction activities and infrastructure development, thus necessitating the replacement of old motors with new energy-efficient ones

·       DC motors are commonly used in automotive, metal processing, and HVAC industries as they help manufacturers in efficiently utilizing energy and meeting rising demand for cost optimization

·       The flourishing automotive industry and advantages offered by these devices such as reduced size, high accuracy and speed, higher torque, and lightweight machines are driving the market across the automotive sector

·       Servo motors are also used for automation in industrial processes, resulting in fewer errors, high throughput, lower manpower requirement, and reduced cost

·       Asia Pacific is expected to witness the highest and fastest growth over the forecast period. Factors such as positive economic outlook, growing manufacturing industries, and increasing production and sales of electric vehicles are expected to drive demand in this region

·       Companies are focusing on expanding their market presence through mergers and acquisitions and are increasingly investing in research and development activities to improve their product offerings.

Grand View Research has segmented the global servo motor market on the basis of motor type, application, and region:

Servo Motor Type Outlook (Revenue, USD Million, 2014 - 2025)

·       AC motor

·       DC motor

Servo Motor Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Industrial Machinery

·       Motor Vehicles

·       HVAC Equipment

·       Aerospace & Transportation

·       Household Appliances

·       Others

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/semiconductors-and-electronics

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/

Webcams Market Hit USD 10.06 Billion by 2025: Grand View Research, Inc.

4-July-2019: The global webcam market size is expected to reach USD 10.06 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 8.6% during the forecast period. Web cameras, popularly known as webcams, can be connected to laptops and desktops for real-time recording of happenings at any given location.

Real-time monitoring is one of the most important attributes of webcams. The devices are deployed with high-resolution digital cameras and semiconductor chips that capture images and record videos in detail. Growing need for security systems to apprehend burglars, trespassers, miscreants, and other antisocial elements in the society is anticipated to escalate demand for webcams.

Webcams are also widely used at workplaces to communicate with colleagues and professionals from distant locations. Video conferences with High Definition/4K videos have minimized need for face-to-face meetings, thereby reducing need for business travel. This has greatly contributed to cost savings among organizations.

The different benefits of webcam technology, such as streaming images and capturing live footages of patients for vital as well as prenatal care, have extended its scope in the healthcare sector. Telehealth technology offers consulting services to patients based in remote locations through video conferencing using laptops or mobile devices. Moreover, video conferencing can be used for providing expert medical advice from remote locations in critical cases and for chronic diseases.

In depth research report on Webcams Market

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

Further key findings from the report suggest:

·       On the basis of technology, the digital segment is expected to register a CAGR of around 10.4% over the forecast period

·       By product, although wireless webcams account for a smaller share, the segment is anticipated to exhibit the highest CAGR by 2025. More than 50 million units of wireless webcams were sold in 2017, worldwide

·       In terms of end use, the live events segment is projected to account for over 25% of the global webcam market revenue by 2025

·       Asia Pacific accounted for the largest volume share in 2017 and is anticipated to continue dominating the market over the forecast period

·       Key players include Logitech; D-Link Systems, Inc.; Cisco Systems, Inc.; and Koninklijke Philips N.V., Inc. Key vendors are aiming to develop solutions compatible with the mobile technology owing to growing proliferation of smartphones worldwide.

Grand View Research has segmented the global webcam market based on product, technology, distribution channel, end use, and region:

Webcam Product Outlook (Volume Million Units; Revenue USD Million, 2014 - 2025)

·       USB

·       Wireless

Webcam Technology Outlook (Volume Million Units; Revenue USD Million, 2014 - 2025)

·       Analog

·       Digital

Webcam Distribution Channel Outlook (Volume Million Units; Revenue USD Million, 2014 - 2025)

·       Brick & Mortar

·       E-commerce

Webcam End-use Outlook (Volume Million Units; Revenue USD Million, 2014 - 2025)

·       Security & surveillance

·       Entertainment

·       Videoconference

·       Live events

·       Visual marketing

·       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/

Automated Fingerprint Identification System (AFIS): Advanced Security Systems

25-June-2019: The global automated fingerprint identification system (AFIS) market size is projected to reach USD 12.46 billion by 2025, according to a new study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 18.4% over the forecast period. Increasing demand for advanced security systems across various business domains is expected to boost the growth. In addition, rising adoption of mobile payment solutions and demand for integrated AFIS solutions are expected to fuel the expansion.

AFIS is increasingly used to cater to the safety and security needs of individuals and organizations, on account of growing number of threats across the globe. A biometric identification system is difficult to circumvent. Systems based on this technology provide a secure identification and verification mechanism to mitigate the level of transaction frauds and security breaches. This factor is expected to drive the demand for automated fingerprint identification systems over the forecast period.

Smart homes are equipped with advanced security systems such as fingerprint access control. Additionally,existing building retrofits are installing biometric security systems to counter thefts and malicious entries. This is further expected to boost the market growth. Furthermore, increasing terrorist activities and theft cases have compelled governments to deploy AFIS solutions in various government agencies, which, in turn, is expected to drive the market in near future.

The rising demand for AFIS technology in enterprises to monitor the attendance of employees is expected to propel the market growth. Developers are focusing on introducing automated fingerprint identification systems that can withstand extreme conditions and can be used suitably across various industries, including manufacturing, IT and telecommunication, construction, and oil and gas, among others.

In depth research report on Automated Fingerprint Identification System (AFIS) Market

https://www.grandviewresearch.com/industry-analysis/automated-fingerprint-identification-system-market

Further key findings from the study suggest:

·       Software segment is anticipated to account for a significant market share over the forecast period owing to the advantages offered by biometric identity and security software

·       Government segment is expected to account for a significant market share over the forecast period owing to the increasing use of AFIS technology in e-governance applications and law and enforcement agencies

·       North America is expected to continue to lead the market over the forecast period and reach USD 4.05 billion by 2025. Growing adoption of AFIS by law enforcement agencies for criminal identification is anticipated to propel regional market

·       Key companies operating in the Automated Fingerprint Identification System (AFIS) market include Gemalto NV; NEC Corporation; Crossmatch; IDEMIA; Dermalog Identification Systems GmbH; SUPREMA; Fujitsu Limited; Sonda Technologies; HID Global Corporation; Papillon Systems; East Shore Technologies, Inc.; and AFIX Technologies.

Grand View Research has segmented the global Automated Fingerprint Identification System (AFIS) market on the basis of component, end use, and region:

Automated Fingerprint Identification System (AFIS) Component Outlook (Revenue, USD Million; 2014 - 2025)

·       Hardware

·       Software

·       Service

Automated Fingerprint Identification System (AFIS) End-use Outlook (Revenue, USD Million; 2014 - 2025)

·       Banking & Finance

·       Consumer Electronics

·       Defense & Security

·       Government

·       Healthcare

·       Transport/Logistics

·       Others

Browse more research reports of this category:

https://www.grandviewresearch.com/industry-analysis/automated-fingerprint-identification-system-market

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/

Laptop Market Size is Anticipated to Reach USD 108.91 Billion by 2025: Grand View Research, Inc.

14-June-2019: The global laptop market size is anticipated to reach USD 108.91 billion by 2025, according to a study by Grand View Research, Inc., progressing at a CAGR of 0.4% during the forecast period. Increasing urbanization and growing spending capacities of consumers belonging to middle and upper-middle classes, coupled with evolving lifestyles, are projected to help the global market gain significant momentum over the coming years. Furthermore, upsurge in demand for technologically advanced products, particularly in developing countries due to changing needs and consumption patterns, is poised to bolster market growth over the forecast period.

Burgeoning popularity of affordable wireless connectivity and mobility solutions among consumers is likely to spur the growth of the market. Besides this, homogeneous standardization of laptops and advancements in technology are helping in increasing processing power, reducing power consumption, and cutting down costs. This, in turn, is working in favor of the market.

Improving internet infrastructure across the globe is also positively influencing the growth of the market. Factors such as adaptability of mature audiences to dynamic technological environments and favorable adoption of evolving technologies are also expected to trigger the demand for laptops over the forecast period. Moreover, government initiatives such as Made in China 2025, Digital India, and Make in India are also offering immense growth potential to manufacturers operating in the laptop market.

However, increasing sales of smartphones are estimated to be the key restraint for the growth of the market. Factors such as long-lasting battery life, low price, high-speed processors, and large screens, apart from other value-added features such as artificial intelligence, augmented reality (AR) apps, sensors, and enhanced hardware, are leading to wider adoption of smartphones, thereby hampering the sales of laptops.

In depth research report on Laptop Market

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

Further key findings from the study suggest:

·       The 2-in-1 laptop segment is anticipated to exhibit the highest CAGR over the forecast period. This can be attributed to growing demand for lightweight and technologically-advanced laptops

·       The 13" to 14.9" screen size segment is projected to expand at a CAGR exceeding 0.5% in terms of value over the same period as these laptops are ideal for diverse applications such as personal, gaming, and business

·       The USD 501-USD 1,000 segment accounted for a significant market share as these laptops offer long battery life, wide display screen, robust processors, and attractive design at relatively affordable price

·       Spiraling demand for online and augmented/virtual reality gaming among youths and professional gamers is bolstering market growth for gaming laptops

·       Asia Pacific is poised to register the highest CAGR owing to increasing government initiatives to manufacture low-cost but technologically-proficient laptops

·       Some of the prominent industry participants include Dell; HP Development Company, L.P.; ASUSTeK Computer Inc.; Apple Inc.; Acer Inc.; and Lenovo. OEMs are substantially investing in R&D to withstand competition and sustain their dominance in the industry.

·

Grand View Research has segmented the global laptop market based on the type, screen size, price, end use, and region:

Laptop Type Outlook (Revenue, USD Billion; Volume, Million Units, 2014 - 2025)

·       Traditional Laptop

·       2-in-1 Laptop

Laptop Screen Size Outlook (Revenue, USD Billion; Volume, Million Units, 2014 - 2025)

·       Up to 10.9"

·       11" to 12.9"

·       13" to 14.9"

·       15.0" to 16.9"

·       More than 17"

Laptop Price Outlook (Revenue, USD Billion; Volume, Million Units, 2014 - 2025)

·       0-500

·       501-1,000

·       1,001-1,500

·       1,501-2,000

·       Above 2,001

Laptop End-Use Outlook (Revenue, USD Billion; Volume, Million Units, 2014 - 2025)

·       Personal

·       Business

·       Gaming

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/