Pico Projector Market Is Expected To Increased Uses In Electronics Devices Such As Mobiles And Smartphones Till 2022: Grand View Research, Inc.

The global pico projector market is expected to reach USD 2.39 billion by 2022, according to a new study by Grand View Research, Inc. Smartphone proliferation coupled with high convenience when integrated with portable electronic devices is anticipated to elevate demand. Technological advancements have resulted in enhanced contrast ratio and high pixel quality. Portability and compatibility with Wi-Fi, WiMax, and 3G/4G technologies offered by these products is estimated to drive industry growth.
Pico projectors have the ability to project content from mobile and other electronic devices onto a wall, notebook, or portable projection screens. Strong economic growth coupled with rising consumer disposable income may catalyze adoption particularly in consumer electronics and automobiles. Increasing adoption of smart devices and the advent of Internet of Things (IoT) may catapult demand over the next few years. The industry is poised for growth due to expanding application areas and increasing demand for mobility across all sectors. Growing adoption of Bring Your Own Device (BYOD) policies in the corporate sector may also spur product demand.

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Further Key findings from the study suggest:

• Embedded devices accounted for over 35% of the overall revenue in 2014, and are expected to witness significant growth over the forecast period owing to widespread usage in portable consumer electronics. Smartphone proliferation is another factor driving growth over the forecast period.
• USB pico projector industry is estimated to exhibit rapid growth over the coming years attributing to rising demand across several application areas including aerospace & defense, automotive, business & education, consumer electronics, and healthcare. The standalone segment is anticipated to lose volume share owing to issues such as low brightness and high cost associated with these devices.
• LBS technology segment is expected to witness significant growth over the coming years owing to several benefits offered by this technology type including better image quality and relatively high brightness which may result in enriched customer experience.
• North America accounted for over 30% of the overall revenue in 2014. This may be primarily attributed to early technology adopters ensuring faster projector adoption in the region. Asia Pacific pico projector market is estimated to witness substantial growth over the coming years owing to rising consumer disposable income paired with growing demand for portable consumer electronics in the region.
• Key players in the industry include 3M, AAXA Technologies, Microvision Inc., Samsung Electronics Co. Ltd., Sony Corporation, STMicroelectronics N.V., Texas Instruments, and Coretronic Corporation. Industry participants strive to develop products with enhanced image quality, resolution and brightness. Prominent players also emphasize on developing new generation HD micro-display chips for enhancing product offering.

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Grand View Research has segmented the global pico projector market on the basis of product, technology, application and region:

Pico Projector Product Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 – 2022)

• Embedded Projector
• Standalone Projector
• Media Player Projector
• USB Projector
• Laser Projector

Pico Projector Technology Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 – 2022)

• Digital Light Processing (DLP)
• Laser Beam Steering (LBS)
• Liquid Crystal on Silicon (LCoS)
• Holographic laser projection

Pico Projector Application Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 – 2022)

• Consumer electronics
• Aerospace & defense
• Healthcare
• Others

Pico Projector Regional Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 – 2022)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Radio Frequency (RF) Components Market Will Increasing Efforts For Development Of Advanced And Innovative Wireless Infrastructure Development Projects In Worldwide Till 2022

The global Radio Frequency (RF) components market is expected to reach USD 17.54 billion by 2022, according to a new study by Grand View Research, Inc. Growing adoption of consumer electronics including smartphones, tablets, notebooks, set top boxes and smart televisions is estimated to fuel industry growth over the next few years. Rising consumer disposable income particularly in developing countries like India and Brazil pared with overall improvement in global economy may elevate demand significantly. Technological advancements in the field of wireless communication and development in materials used for manufacturing RF components such as Silicon Germanium (SiGe) and Gallium Arsenide (GaAs) is also expected to drive industry growth.
Increasing popularity and adoption of high speed networks such as 3G and 4G have significantly impacted demand for RF components. Technological advancement enhancing antenna efficiency by replacing traditional filters with advanced tunable filter may escalate demand over the next seven years. The industry is poised for growth owing to increasing demand across automotive industry. Increasing efforts for development of advanced and innovative wireless infrastructure may also propel product demand.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/radio-frequency-rf-components-market

Further key findings from the study suggest:

• Power amplifiers segment accounted for over 30% of the overall share in 2014, which is expected to increase over the next few years owing to increasing prevalence of mixed-mode 3G/4G handsets coupled with growing emphasis on LTE concept.
• Antenna switches is estimated to exhibit rapid growth over the coming years, which may be primarily attributed to increasing experimentation with switch architectures particularly in higher end handsets. Growing number of 3G/4G handsets is anticipated to broadly contribute to this rapid growth.
• Consumer electronics segment accounted for more than 60% of the global revenue in 2014, which is estimated to increase over the coming years owing to rising consumer disposable income resulting in increasing adoption of consumer electronic products. Increasing consumer spending for smartphone, tablets and other portable electronic devices may spur demand.
• North America accounted for over 30% of the global revenue in 2014. Increasing demand for better mobility solutions is estimated to drive regional market growth. Asia Pacific RF components market is estimated to exhibit dramatic growth over the coming years attributing to increasing adoption of improved connectivity solutions in the region.
• Key players in this industry include Avago Technologies Ltd., Aixtron SE, NXP Semiconductors, RF Axis, STMicroelectronics, Texas Instruments, Renesas Electronics Corporation, Fujitsu Limited, and Freescale Semiconductor Inc. Industry participants compete on the basis of development of components that offer faster access to mobile data, high performance, cost and flexibility to support the corresponding solution.

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Grand View Research has segmented the global radio frequency components market on the basis of product, application and region:

RF Components Product Outlook (Revenue, USD Million, 2012 – 2022)

• Filters
• Duplexer
• Power amplifiers
• Antenna switches
• Modulators & demodulators

RF Components Application Outlook (Revenue, USD Million, 2012 – 2022)

• Consumer electronics
• Mobile phones
• Tablets
• Smart TVs & set top boxes
• Laptops & notebooks
• Automotive
• Military
• Wireless communication

RF Components Regional Outlook (Revenue, USD Million, 2012 – 2022)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Pressure Sensors Market Is Projected To Be Fastest Growing In Consumer Electronics Till 2020: Grand View Research, Inc.

In 2013, the global pressure sensors market was worth USD 6.19 billion. Constructive regulations such as ordinance of the U.S. government which made it obligatory for car owners to install tire pressure monitoring systems (TPMS) are anticipated to boost the overall market demand. Pressure sensors are also used in the global positioning systems (GPS) lock applications. Hence, the increased production of tablets and smartphones is projected to increase the demand of global pressure sensors market.
Over the past few years, the global pressure sensors market has witnessed a shift from analog technology to digital technology, owing to the latter's superior performance and efficiency. Moreover, an increase in the number of vehicles all over the world is expected to drive the overall market.
In 2013, piezoresistive pressure sensors accounted for over 25% of the total revenue generated. This type of pressure sensors is used widely in medical, consumer electronics and automotive applications which led to the high demand of the segment. Resonant and optical solid-state sensors are expected to witness the highest rate of growth in the global pressure sensors market over the forecast period. This increase is projected owing to their high usage in dangerous, remote environments including areas with high radioactive emissions and high-temperature zones.

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Further key findings from the report suggest:

·         The automotive sector had the largest market share in the applications segment, accounting for over 25% of the global market. In the industry, pressure sensors are used for checking the pressure of vital parameters which include fuel, brake, oil, and transmission. They are used in tire pressure monitoring systems, barometric pressure measurement, gasoline direct-injection systems, side airbags, and exhaust gas recirculation pressure measurement. Consumer electronics is projected to be fastest growing application segment over the next six years on account of its extensive use in smartphones. These devices contain sensors to allow Global Positioning Systems (GPS), indoor navigation and altitude measurement.

·         In 2013, Asia Pacific accounted for the major regional market, generating over 30% of the total revenue of the global pressure sensors market as a result of the high demand from emerging economies such as China and India and the surge in its application segments. Asia Pacific is likely to witness tremendous gains over the forecast period.

·         The global pressure sensors market is uneven in nature. Major industry participants are increasingly entering into mergers & acquisitions as a part of their competitive strategies. Key participants in the market include Siemens AG, Emerson Electric Company, Delphi Corporation, General Electric, Analog Devices, ABB Ltd., STMicroelectronics N.V., Infineon, Freescale Semiconductor Ltd., and Bosch.

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Grand View Research has segmented the global pressure sensors market on the basis of technology, application and region:
Pressure Sensors Technology Outlook (Revenue, USD Million, 2012 – 2020)
            • Capacitive
            • Electromagnetic
            • Optical
            • Piezoresistive
            • Resonant solid-state
            • Others
Pressure Sensors Application Outlook (Revenue, USD Million, 2012 – 2020)
            • Automotive
            • Consumer Electronics
            • Industrial
            • Medical
            • Oil & Gas
            • Others
Pressure Sensors Regional Outlook (Revenue, USD Million, 2012 – 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

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Microwave Oven Market Expected to Grow Swiftly Till 2022 Based Upon Enhanced Consumer Preference Towards Frozen And Ready-To-Eat Foods: Grand View Research, Inc.

The global microwave oven market size is expected to reach USD 12.70 billion by 2022, according to a new study by Grand View Research, Inc. The market is expected to witness a sluggish growth in North America and Europe as microwaves have entered the mature stage of the product life cycle.
Majority of the revenue is generated from the section of population exhibiting willingness to spend on premium kitchen appliances. Changing lifestyles of people, especially the working class, have increased the popularity of frozen and ready-to-eat packaged foods which has positively impacted market growth.
Inclination towards the use of traditional cooking equipment can be viewed as a hindrance for microwave ovens’ adoption, especially in developing countries. High electricity consumption and the costs associated with it are expected to challenge industry growth, which has led to manufacturers developing energy efficient microwaves.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/microwave-oven-market

Further key findings from the study suggest:

• Convection ovens accounted for over 45% of the market share in 2014, which can be primarily attributed to their ability to cook food faster. In addition, these microwave ovens facilitate the cooking of multiple items simultaneously. Vegetables, cookies, roasted meats and cookies can be effectively prepared in a convection microwave oven. Grill ovens also contributed to a significant portion of the market revenue. Increased emphasis on healthy eating habits has propelled the demand for grill ovens as they are used for roasting food in a very short duration.
• Household microwave ovens contributed to over 60% of the overall revenue in 2014. Demand for household oven primarily originates from the working segment owing to quicker food preparation times. A surge in the establishment of hotels and fast food centers has favorably impacted microwaves’ adoption in commercial applications as they enable the serving of a large volume of food in shorter durations.
• Built-in microwaves have gained prominence over the last few years owing to their compact nature which facilitates their accommodation in modular kitchens. They also enhance the aesthetics of the kitchen as they can fit in a wall or a cabinet, thereby offering some counter free space in the kitchen. Counter-top microwaves are available in various sizes and can be installed manually without the need of an expert, owing to which they occupied a majority of the revenue share.
• North America accounted for over 30% of the market in 2014 which can be attributed to high penetration of microwaves across households and commercial establishments. The industry has reached its maturity stage in the U.S. and also several European countries, resulting in a potentially sluggish growth rate over the forecast period. Most of the microwave sales in North America and Western Europe are expected to emerge from customers opting for premium microwaves. The microwave oven industry has substantial growth prospects in the Asia Pacific region as majority of sales are expected to originate from customers purchasing microwaves for the first time.
• Key industry participants include Samsung, LG Electronics, Panasonic, Electrolux, and Galanz. Companies focus on product differentiation and geographical diversification as key strategies to expand their presence and achieve higher market penetration. Manufacturers also emphasize on the development of energy efficient microwaves to lower electricity consumption.

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Grand View Research has segmented the global microwave oven market on the basis of product, application, and region:

Microwave Oven Type Outlook (Revenue, USD Million, 2012 - 2022)

• Convection
• Grill
• Solo

Microwave Oven Application Outlook (Revenue, USD Million, 2012 - 2022)

• Commercial
• Household

Microwave Oven Structure Outlook (Revenue, USD Million, 2012 - 2022)

• Built-in
• Counter top

Microwave Oven Regional Outlook (Revenue, USD Million 2012 - 2022)

• North America
• Europe
• Asia Pacific
• RoW