Friday 28 February 2020

Head Mounted Display Market Size Worth $11,793.3 Million By 2020


The global Head Mounted Display Market size is expected to reach USD 11,793.3 million by 2020, according to a new study by Grand View Research, Inc. Reducing silicon wafer costs have directly impacted microdisplay prices, which form a sizable percentage of the resultant HMD cost. As a result, declining microdisplay prices coupled with growing demand for wearable, lightweight devices are expected to be key driving forces for the HMD market. Defense services are a key contributor to global demand, wherein head mounted displays aid in security, imaging and tracking.
Head mounted displays offer high degree of mobility and computing power, which has led to increasing market penetration in the consumer sector. Growing demand from automotive prototyping is expected to be a key opportunity for industry participants. Lack of standardization resulting in design issues may restrain market growth over the next six years. This can be mitigated with the help of establishment of necessary guidelines for HMD production.
Further key findings from the study suggest:
  • Helmet mounted displays accounted for over 60% of the market in 2013; these products are expected lose market share due to growing popularity of wearable glass. They are expected to continue enjoying widespread use in defense applications over the next six years.
  • Defense accounted for over 70% of the head mounted display market in 2013, and is expected to remain the dominant end-use segment over the forecast period. HMDs prove highly efficient during training regimes and in locations with poor visibility. Increasing popularity of augmented and virtual reality is expected to drive the consumer segment over the next six years.
  • Training and simulation is expected to continue accounting for majority of the overall market through 2020. This is a result of the growing use of HMDs in medical as well as military training modules.
  • North America accounted for over 35% of the global HMD market in 2013; Asia Pacific is expected to exhibit high growth over the forecast period. Establishment of manufacturing facilities along with technology advancement due to the presence of Japan, South Korea and China is expected to fuel regional market growth.
  • Key companies operating in the market include eMagin Corporation, BAE Systems, Vuzix, Rockwell Collins and Seiko Epson. Major manufacturers have started developing products targeted at entertainment purposes; additionally, geographical expansion is expected to be a key growth strategy.
 About Us:
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.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email:
sales@grandviewresearch.com
For More Information:
https://www.grandviewresearch.com

Thursday 27 February 2020

Mobile Robotics Market Analysis Report by Product and Application

According to a new study by Grand View Research, Inc., global Mobile Robotics Market size can be attributed to increased adoption in military & defense applications. Commercialization of automated cars due to technological advancement in mobile robotics is expected to drive the market over the next six years. Favorable regulatory scenario, including funds and grants for promoting the robotics industry is also expected to positively impact the global market.
Mobile Robotics Market

Availability of open source platforms coupled with reduction in sensor and camera prices is expected to propel demand for domestic mobile robots such as vacuum cleaners and lawn mowers. Scarcity of experts equipped with the skill sets required for R&D may pose a challenge to market growth. Relatively low market penetration coupled with growing demand from end-use industries is expected to be a growth opportunity for key industry participants.

Further key findings from the study suggest:
  • Unmanned Ground Vehicles (UGVs) are expected to be the most dominant segment over the next six years due to a plethora of mobile robotics opportunities in military and defense. UAVs have considerable growth potential owing to their capability to cater to diverse applications such as surveying, wildlife research, mapping, security, and defense.
  • The market for service applications is expected to witness high growth over the forecast period. Professional robots dominated the overall service robotics market, with a large number of applications in defense and agricultural applications. Increasing use in personal assistance and for medical purposes, such as in drug delivery, is expected to be favorable for the personal robotics market. In the industrial segment, warehousing & distribution is expected to remain the key market; other applications mainly include painting, coating, and inspection.
  • Asia Pacific was the dominant regional market in 2013; it is further expected to continue being the market leader over the next six years. Increased adoption of mobile robots in industrial, agricultural, and medical applications has driven regional mobile robotics market growth. Growing domestic robots demand is expected to be the key driving force for the North America market.
  • Leading market players have strived to develop robots capable of delivering and sustaining in challenging environments. There has been an increased emphasis on developing mobile-based applications to control unmanned vehicles. The industry is characterized by notable mergers and acquisitions; for instance, Adept Technology’s acquisition of MobileRobotics Inc.
 About Us:
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.

Contact:
Sherry James

Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email:
sales@grandviewresearch.com
For More Information:
https://www.grandviewresearch.com

Point-of-Sale Terminals Market Size is Predicted to Witness 7.5% CAGR till 2027

The global Point-of-Sale terminals market size is expected to reach USD 125.9 billion by 2027, registering a CAGR of 7.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand for Customer Relationship Management (CRM), reporting, payment processing features along with understanding customer purchase patterns is anticipated to drive the growth. Furthermore, the decline in the trend of carrying cash for shopping coupled with growing digitalization in the payment industry is anticipated to boost the adoption of point-of-sale (POS) terminals.

Point-of-Sale Terminals Market

Large businesses are using POS systems to gain consumer insights, which are then applied to develop discount schemes and personalized marketing. This helps attract more customers and boost sales. Small and medium businesses have also realized the benefit of deploying these systems on their premises. Industries such as retail, hospitality, and restaurants are the highest adopters of POS systems for everyday transactions at their facilities.
The market for fixed POS terminal has been affected by the introduction of mobile POS systems. The mobile segment is anticipated to expand at the fastest CAGR over the forecast period and is projected to reach over USD 68.3 billion by 2027. The demand for mobile POS terminal is rising rapidly in developed countries owing to its user-friendly, cost-effective, and convenience features. Moreover, they allow omnichannel assistance for scenarios, such as Buy Online, Pick-up in Store (BOPIS), online purchase, and home deliveries from the store, which is expected to boost market growth over the forecast period.
Further key findings from the report suggest:
  • The global POS terminal market accounted for USD 69.0 billion in 2019 and is expected to expand at a CAGR of 7.5% from 2020 to 2027
  • Mobile product segment was valued at USD 25.1 million in 2019 and is anticipated to register the fastest CAGR of 12.8% from 2020 to 2027
  • Healthcare segment will witness the fastest CAGR of 9.8% during the forecast period
  • Asia Pacific is expected to expand at the fastest CAGR from 2019 to 2027. Rising demand in retail stores in China, India, and Japan is one of the key factors driving the growth. Moreover, booming fine dining and other forms of restaurants in food service sector in major cities is anticipated to further fuel the growth
  • Key market players include Ingenico Group; NCR Corporation; VeriFone Systems Inc.; PAX Technology Corp.; Fujian Newland Payment Technology Co. Ltd.; Revel System Inc.; Oracle Corporation; and ShopKeep
 About Us:
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.

Contact:
Sherry James

Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email:
sales@grandviewresearch.com
For More Information:
https://www.grandviewresearch.com


Physical Security Market 2020-2027 | Global Analysis by Mentor Worldwide LLC; Sientra, Inc.; IDEAL IMPLANT INCORPORATED; and Allergan


The global Physical Security Market size is expected to reach USD 171.0 billion by 2027 and is anticipated to register a CAGR of 6.5% over the forecast period, according to a new report by Grand View Research, Inc. Lack of physical security leads to higher rates of burglaries and thefts. Therefore, safeguarding the physical perimeter and individual assets, including expensive technological equipment, has gained importance and is driving the market growth. Increasing awareness about securing the perimeter in developing economies has led to a rise in deployment of IP-based cameras in residential societies as well as commercial complexes and offices. Furthermore, increasing terror threats, border disputes, and refugee crises drive the adoption of stringent safety measures, thereby driving the physical security market growth.
Physical Security Market
Governments across different countries and regions are taking up smart city initiatives to enhance their infrastructure and are hence deploying improved security systems. Additionally, modernizing the existing infrastructure with robust security measures and strengthening the security of government agencies have been some of the top priorities for governments across developed countries. Organizations are increasingly concerned about employee safety and are hence setting up systems to prevent unauthorized access, further driving the demand for physical security solutions.
China accounted for the largest share of the Asia Pacific market in 2019. The market in China has been strongly supported by the growth in new construction projects and smart city initiatives. Furthermore, the presence of technology giants such as Hangzhou Hikvision Digital Technology Co., Ltd and Dahua Technology Co., Ltd is another factor contributing to the market growth. Companies in the market are focusing on strategic partnerships and acquisitions to enhance their product and service offerings. In August 2019, Dahua Technology Co., Ltd entered into a strategic alliance with Pepper to offer enhanced security to its video as well as non-video IoT services to protect against unauthorized access of data. The partnership would allow the incorporation of Pepper’s intelligent solutions into Dahua Technology Co., Ltd’s hardware.
Further key findings from the study suggest:
  • Video surveillance dominated the physical security market with a value of USD 33.1 billion in 2019 as these systems enable real-time continuous monitoring and help lower chances of theft
  • System integration is anticipated to dominate the market through the forecast period owing to factors such as stringent regulations and demand for cost-effective systems
  • The residential segment is anticipated to register the highest CAGR of more than 7.0% over the forecast period owing to measures taken by consumers to protect their assets from potential threats
  • Key companies in the market include Hangzhou Hikvision Digital Technology Co., Ltd.; Honeywell International, Inc.; Johnson Controls; Robert Bosch GmbH; and ADT. These players focus on adopting strategies such as mergers and acquisitions to enhance their market presence
 About Us:
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.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email:
sales@grandviewresearch.com
For More Information:
https://www.grandviewresearch.com


Electric Vehicles Market Size to Witness Significant CAGR in Coming Years

The Electric Vehicles (EV) market has surged ahead in the terms of growth, riding on several factors which arose recently in the past. It has taken the world by storm and is expected to grow leaps and bounds in the future too.



Industry on a growth path.
The impressive gains that the Electric vehicles Market made is due to the mix of many pressing factors, such as the growing demands of sustainable transportation facility coupled with the awareness regarding the harmful effects of Greenhouse Gases (GHG), released mainly from the Internal combustion engine (ICE) of the gasoline-dependent vehicles. Along with this, recent push of several countries towards greener and cleaner environment after the Paris climate conference (COP 21) in 2015 and Katowice climate conference COP 24 in 2018 has given a major boost to the sector. Countries like USA, UK and France among others, have taken a lead in boosting the investment to Electric vehicles market, in addition to providing favorable regulations for the same. In addition to this, Higher efficiency of electric vehicles and rising fuel costs are expected to push the demand further ahead in the future.

Low cost of running and maintenance pushes the demand.
With only $ 1.2 per mile cost of running by an electric vehicle, compared to the $ 4 per mile of fuel-based vehicle, demands for the electric vehicles increases. Along with this, low maintenance requirement of battery, engine and other electronic instruments of electric vehicles (EV), compared to ICE vehicles, is expected to drive the demands in the market further ahead.


Health benefits to drive the growth.
Other factor that has given a major push to the sector is the awareness regarding the immediate health benefits that people receive after shifting to electric vehicles, i.e. Reduction in air pollution, leading to decrease in rate of contracting dangerous diseases like asthma, bronchitis, and lung cancer, among others. This has been highlighted by major world organizations like WHO, Médecins Sans Frontières (MSF) and Red cross among others. Thereby, increasing the demand in the sector.

Investment by giants and competition in the sector.
Several giants in the sector are investing heavily leading to boost in the market. Google’s RechargeIT program and China-based BYD have invested heavily in green car technologies. Along with them, Tesla has been indulging into research and development in electric vehicles, leading to the development of Tesla S P100D model. Volkswagen and Chevrolet were also able to make a strong mark on the market with their launches, e-Golf and BOLT EV, respectively. Also, Researchers from Stanford University have developed a protective nano particle layer for the batteries that helps to tackle heating problems of the battery, leading to increase in its efficiency.

Leading players in this intensely competitive market are Nissan (Japan), Tesla (USA), BYD (China), Toyota (Japan) and General Motors (USA). Other players which constitutes this market are Renault S.A, Daimler AG, Mitsubishi Motors Corporation, Volkswagen and Smith electric vehicles.

About Us:
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.

Contact:
Sherry James

Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email:
sales@grandviewresearch.com
For More Information:
https://www.grandviewresearch.com

Tuesday 25 February 2020

Deep Packet Inspection Market Report with Key Players | Cisco System, Sandvine Inc, Bivio Networks Inc, AT&T Inc. and Others

The global Deep Packet Inspection (DPI) Market is expected to be valued at USD 4.71 billion by 2020, growing at a CAGR of 30.2% from 2014 to 2020. DPI is a surveillance technology that allows ISPs to keep real-time track of the content being generated over data packets. It helps in detecting malicious software, scrutinizing filters along with chats and website history. This technology is gaining popularity owing to its ability of efficient traffic management along with maximizing revenue opportunities.

Rising mobile device penetration, adoption of high speed broadband along with constant pressure for offering enhanced services on ISPs is projected to drive the DPI market demand over the next six years. This technology offers precaution against terrorism, ensures data security along with traffic prioritization. Further, it can be used for eavesdropping and data mining purposes amongst others.
Growing popularity of embedded and integrated DPI, usage of technology in traffic filtering for regulatory compliance, increasing need for monetizing and optimizing internet services and growing significance in network security are key factors which are anticipated to escalate DPI market growth by 2022.
The inspection technology allows ISPs to gather subscriber’s data, analyze the browsing habits along with gaining insight into subscriber’s inclination similar to OSS and BSS which is projected to positively impact deep packet inspection market growth.
Government sector requires enhanced security measures owing to the availability of confidential data by offering significant level of censorship surveillance and security. However, lack of awareness along with network neutrality and privacy concerns are projected to act as a challenge for the DPI market. In addition, consumer concern about the misuse of private data by third party entities can act as a restraint for industry growth.
The market has been segmented on the basis of products into standalone and integrated. Integrated products can be used with access points in network whereas standalone products can be used directly. Prominent features such as video optimization, traffic steering and caching are leading to the increased usage of standalone products.
On the basis of application, the industry can be categorized into education, enterprises, ISP and government sector. ISPs offer augmented targeted advertising, policy definition, tiered services and lawful intercept and offer statistical information about the usage pattern beneficial for network planning.
Asia Pacific is expected to be the dominant region owing to the rising number of subscribers in this region. Favorable government regulations, rise in mobile computing are driving growth in this region.
Key players in the industry include Cisco System, Sandvine Inc, Bivio Networks Inc, AT&T Inc., Verizon Communication Inc, Rackspace Inc., Qosmos, Arbor Networks Inc., Allot Communication Ltd and Huawei. Industry vendors are adopting new product launches and acquisitions as the key to excel in the market. High bandwidth requirements along with emergence of data intensive applications have propelled network operators in offering enhanced solutions and services to the customers. Growing mobility is anticipated to offer avenues towards profitability of DPI industry participants. 
 About Us:
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.

Contact:
Sherry James

Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email:
sales@grandviewresearch.com
For More Information:
https://www.grandviewresearch.com

Thursday 20 February 2020

Worldwide Field Device Management Market Analysis and Forecast Report till 2025

The global Field Device Management Market size is expected to reach USD 1.97 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to witness a CAGR of 6.8% from 2019 to 2025. Field device management allows the user to configure, commission, maintain, and diagnose the field devices remotely with a secure and user-friendly centralized access. It helps in providing all the information and real-time status of the concerned equipment and eliminates the need for multiple software tools. Due to its centralized equipment procurement with improved security, it is highly demanded in the development of industry 4.0 and smart factories. With the emergence of IoT and digitalization, the development of industry 4.0 has been boosted significantly, which directly fuels the growth of the market.
With the increasing awareness for industry 4.0, field device management has become an essential segment considerably since it helps to improve the lifecycle management and multi-platform support. In addition, it provides wireless expense management, which reduces operational and maintenance costs. With the surge in industrial automation and smart factories, FDM is being adopted rapidly in mobile equipment management solutions. It provides centralized control and monitoring of the device fleet in a warehouse environment or any distribution center, which is one of the major factors influencing the market’s growth in the world of distributed systems.
Since FDM lays the foundation for deployment and management of mobile equipment and applications remotely, it provides business mobility to the organizations to drive high productivity. The required automation efficiency fuels the demand for FDM in automation tasks, which include automated cost management and invoicing, installation of a large CNC machine, among many other tasks. The increasing investments for IIoT solutions development by automation companies have come up with an opportunity for the market to grow effectively. The manufacturers’ focus shift towards reducing the operational and maintenance costs along with providing highly effective mobile device management solutions is driving the market’s growth directly.
Further key findings from the report suggest:
  • Considerable surge in industry 4.0 and smart factories development will create wide potential for manufacturers in the market
  • Improved lifecycle management of field devices with significantly lower maintenance costs are the benefits boosting the need for FDM. Prominent companies such as Schneider Electric are significantly involved in providing the FDM solutions for configuring and diagnosing the field devices for their entire lifecycle for several applications, such as power generation, metals and mining, and hydrocarbon processing  
  • Market players are focusing on providing advanced FDM which provides advanced features, such as simplified engineering with increased productivity, reduced downtime, and predictive device maintenance
  • Key market players are considering partnerships and acquisition of startups providing innovative products to expand their outreach in the market
  • The key competitors in the market are ABB; Emerson Electric Co.; Siemens; Honeywell International Inc.; Rockwell Automation Inc.; Yokogawa; OMRON Corporation; Mitsubishi Electric Corporation; FANUC Corporation; Metso Corporation; Valmet; Schneider Electric; Azbil Corporation; Hamilton Company; and PHOENIX CONTACT.
 About Us:
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.

Contact:
Sherry James

Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email:
sales@grandviewresearch.com
For More Information:
https://www.grandviewresearch.com

Automotive Motor Market Research Report, 2019-2025

The global Automotive Motor Market size is expected to reach USD 49.07 billion by 2025, registering a CAGR of 6.7% over the forecast period, according to a new report published by Grand View Research, Inc. Automotive industry is currently going through technological advancements to cater to the changing consumer preferences. Automotive manufacturers emphasize on producing efficient motors. Furthermore, rising need for fuel-efficient vehicles is fueling the need for automotive motors with better performance and higher efficiency. Rising demand for fuel efficient vehicles along with stringent environmental norms is also resulting in development of lightweight raw materials without having to compromise the structural strength of the components.
Rising preference for electric vehicles coupled with the increasing automobile production is anticipated to drive the automotive motors market in the forthcoming years. Automotive motors are widely used in car chassis, powertrain systems, internal/external comfort control systems, and safety systems. Currently, these motors are also being implemented in automated doors, wipers, sunroof systems, massage seats, and adjustable mirrors of vehicles. Increasing demand for vehicles with these advancements is expected to fuel the market growth.
Rising adoption of electric vehicles to alleviate problems, such as oil dependency, global warming, and environmental pollution is expected to bode well for the market growth. Various governments have initiated and implemented policies to encourage the production and adoption of electric vehicles. Factors, such as developments in electric vehicle production technology and rising emphasis on renewable energy are expected to drive the demand for electric vehicles. Increasing government support for green vehicles is projected to further propel the demand. Improving battery technology and forthcoming regulation of Internal Combustion Engine (ICE) vehicles are boosting the outlook for electric vehicles. Rising popularity of electric vehicles is anticipated spur many innovations in automotive electric motors. Electric car manufacturers prefer using automotive motors in vehicles owing to low maintenance, higher efficiency, high operating speed, and quick response.
Further key findings from the report suggest:
  • Brushed DC motor segment is expected to account for the highest automotive motor market share in terms of revenue over the forecast period ascribed to the factors, such as simple usage and low cost
  • Increasing demand for electrification of vehicles over the last few years is estimated to catapult the traction motors segment during the forecast period
  • Safety motors segment is anticipated to witness significant growth by 2025 owing to the increasing stringency of government rules and regulations regarding incorporation of safety systems in vehicles
  • Comfort application segment is expected to witness the fastest growth over the next six years as comfort motor increased riding capability
  • Passenger vehicles segment is likely to emerge as a dominant segment over the forecast period owing to the rising production volumes of passenger vehicles across the globe
  • Asia Pacific dominated the market with more than 35% revenue share in 2018, owing to increasing vehicle production in developing countries of China, India, and Japan along with the rising demand for advanced safety features such as seat belt reminders, anti-lock braking systems and so on
  • Key players such as Mitsubishi Electric Corporation, Nidec Corporation, Johnson Electric Holdings Ltd., Robert Bosch GmbH, Denso Corporation dominated the market in 2018 with their emphasis on expanding market presence through mergers and acquisitions
 About Us:
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.

Contact:
Sherry James

Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email:
sales@grandviewresearch.com
For More Information:
https://www.grandviewresearch.com