Sunday, 10 January 2016

Parking Sensors Market Analysis, Size, Application Analysis, Regional Outlook, Competitive Strategies, and Forecasts, 2014 To 2020



The global market for parking sensors is expected to reach USD 9,782.9 million by 2020, according to a new study by Grand View Research, Inc. Parking sensors prevent physical damage to the vehicle by alerting the driver when the automotive approaches an obstacle. Furthermore, they help prevent potential injury to pedestrians. These features are particularly useful in light of reducing parking spaces and changing dimensions of the average car, thus acting as a key driver for industry growth.
Parking sensors employing ultrasonic technology accounted for 65.1% of the overall market share in 2012. Electromagnetic parking sensors are expected to grow faster than the global average at a CAGR of 19.3% from 2013 to 2020. Installation by original equipment manufacturers (OEM) accounted for 80.7% of the market in 2012. The price range for these installations is much higher as compared to their aftermarket counterparts, thereby contributing largely to revenue.
Further Key findings from the study suggest:
  • The global parking sensors market was estimated to be valued at USD 2,546 million in 2012, and is expected to grow at a CAGR of 18.4% from 2013 to 2020.
  • Ultrasonic parking sensors are expected to continue dominating the global market over the forecast period. However, electromagnetic technology is expected to be a fast growing segment, primarily because it helps combat issues such as presence of visible parts on the vehicle’s bumper. Additionally, electromagnetic sensors are self diagnostic and are equipped with a maintenance system. Preservation of the aesthetic appearance of the automotive coupled with superior design in the form of a transceiver adhesive strip is expected to be the chief driver for this segment.
  • Aftermarket parking sensors are cost effective as compared to those installed by the OEM, since the latter are made specific to the make and model of the vehicle. OEM installed parking sensors ensure superior construction and fitment, as a result of which they are expected to contribute to majority of the global industry revenue in the coming years.
  • North America accounted for 38.5% of the global market share in 2012, and is expected to continue being the largest regional segment over the forecast period. Initiatives by regulatory authorities in the region are expected to be the key driving force for regional market growth. Asia Pacific is expected to be the fastest growing region, with an estimated CAGR of 20.1% from 2013 to 2020.
  • Companies operating in the market include parking sensor manufacturers as well as OEMs. Major automotive companies offer parking sensor systems, with optional LCD displays that show the distance between the vehicle and obstacle. Industry participants offer Advanced Driver Assistance Systems (ADAS), in order for the driver to make an informed decision. Key players in the market include Continental AG, Freescale Semiconductor Ltd., Robert Bosch GmbH, Texas Instruments Inc., BMW, Audi and Volkswagen among others.
For the purpose of this study, Grand View Research has segmented the parking sensors market on the basis of technology, installation and regional markets: 
Parking Sensors Technology Outlook (Revenue in USD Million, 2012 to 2020)         
  • Ultrasonic       
  • Electromagnetic         
Parking Sensors Installation Outlook (Revenue in USD Million, 2012 to 2020)                       
  • OEM  
  • Aftermarket    
Parking Sensors Regional Outlook (Revenue in USD Million, 2012 to 2020)              
North America          
  • North America Parking Sensors Market by Technology
  • Ultrasonic
  • Electromagnetic
  • North America Parking Sensors Market by Installation
  • OEM
  • Aftermarket
Europe          
  • Europe Parking Sensors Market by Technology
  • Ultrasonic
  • Electromagnetic
  • Europe Parking Sensors Market by Installation
  • OEM
  • Aftermarket
Asia Pacific
  • Asia Pacific Parking Sensors Market by Technology
  • Ultrasonic
  • Electromagnetic
  • Asia Pacific Parking Sensors Market by Installation
  • OEM
  • Aftermarket
RoW
  • RoW Parking Sensors Market by Technology
  • Ultrasonic
  • Electromagnetic
  • RoW Parking Sensors Market by Installation
  • OEM
  • Aftermarket 
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.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Microcontroller Market Hits USD 26.98 Billion By 2020: Grand View Research, Inc.



The global microcontroller market is expected to reach USD 26.98 billion by 2020, according to a new study by Grand View Research, Inc. Advancement in Internet of Thing (IoT) applications in order to build smart devices is expected to drive the industry demand over the next six years. Surging demand for automation across several end-use industries including industrial, automotive and consumer electronics is anticipated to further catapult MCU demand. Growing adoption of connected cars in several developing regions such as Asia Pacific may positively impact MCU market growth
Development several wireless communication products such as Near Field Communication (NFC), Bluetooth, and ZigBee constitute MCUs. Large scale migration from conventional to smart grid and better regulatory scenario in order to produce energy efficient electricity is expected to boost industry demand over the forecast period. This is also anticipated to be a key growth opportunity for industry participants.
Further key findings from the study suggest:
  • 32-bit microcontroller market is anticipated to dominate demand with over 34% share in 2013; the segment is further expected to exhibit substantial growth in terms of revenue over the next six years. 32-bit microcontroller provides high performance, greater on-chip memory, and peripheral integration as well as communication interface. Increasing regulations and standards for emissions may further positively impact segment growth.
  • Automotive segment accounted for more than 30% of the share in 2013, and is expected to dominate the MCU industry over the next six years. This can be attributed to the growing adoption of hybrid and electric vehicle and growing need for energy efficient design in countries with stringent emission laws.
  • Consumer electronics is expected to exhibit substantial growth and occupy sizable market share over the next few years. Smartphone proliferation is expected to be the key driver for industry growth. Surge in adoption of smart and connected devices for better and healthy living may further increase demand over the forecast period.
  • Asia Pacific is expected to dominate MCU industry over the next six year. The region is also anticipated to witness substantial growth. It accounted for over 35% of the market volume in 2013. Industrialization in China and India is expected to be the key contributing factor for this growth. Smartphone proliferation and growing development of smart and connected cities is expected to further catalyze regional growth.
  • Prominent industry participants include STMicroelectronics, Renesas Electronics Corporation, Microchip Technology, Inc., Infineon Technologies, Fujitsu Semiconductor, Freescale Semiconductor, and Atmel Corporation.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/semiconductors
Grand View Research has segmented the global microcontroller market on the basis of product, application and region:
Microcontroller Product Outlook (Volume, Million Units and Revenue, USD Million; 2012 - 2020)
  • 4/8-bit microcontrollers
  • 16-bit microcontrollers
  • 32-bit microcontrollers
Microcontroller Application Outlook (Volume, Million Units and Revenue, USD Million; 2012 - 2020)
  • Automotive
  • Consumer Electronics
  • Industrial
  • Others
Microcontroller Regional Outlook (Volume, Million Units and Revenue, USD Million; 2012 - 2020)
  • North America
  • EMEA
  • Asia Pacific
  • Latin America
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.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Monday, 4 January 2016

Human Machine Interface Market Size, Analysis To 2022: Grand View Research, Inc.



The global Human Machine Interface (HMI) market is expected to reach USD 6.31 billion by 2022, according to a new report by Grand View Research, Inc. Advancement in HMI programming software in order to incorporate ability for managing multi-vendor environment is anticipated to escalate industry growth over the next few years. Benefits offered such as remote operation coupled with the widespread usage of HMIs across oil & gas and water treatment plant for operating in harsh conditions may also elevate product demand significantly. This has also instigated vendors to manufacture devices with better wear and tear property.
Growing trend towards protocol conversion to exchange data between all connected devices is estimated to further catalyze human machine interface industry growth. Technological development such as open platform architecture resulting in improvement of the migration process is also anticipated to fuel demand considerably over the forecast period.
High upfront capital and need for change in business process to integrate HMIs are key challenges anticipated to impact the industry. In addition, lack of skilled professionals and awareness on HMIs among management and lower level executives may also pose a challenge to market growth over the coming years.

Europe human machine interface market share by product, 2012 - 2022 (USD Million)
Europe human machine interface market 

Further key findings from the report suggest:
  • Interface software market accounted for substantial revenue share in 2014. The segment is also anticipated to exhibit high growth with an estimated CAGR exceeding 10% over the next few years. This may be attributed to the increasing adoption of PC- based open source monitoring and controlling system worldwide.
  • Development of new and innovative displays along with emergence of industrial internet of things may contribute towards further growth in the display terminal segment.
  • Oil & gas emerged as the dominant application and accounted for over 20% of the overall revenue in 2014. This may be attributed to increasing demand from the oil & gas sector owing to the benefits offered by HMI regarding the flow of information inside a pipeline without updated monitoring capabilities for overcoming a particular problem.
  • HMI offers several benefits regarding driver safety and security by integrating solutions such as ADAS, ACC and LDW, which are expected to drive demand in the automotive industry.
  • North America HMI market is estimated to hold majority share and accounted for more than 30% of the consumption in 2014. Additionally, Asia Pacific is anticipated to exhibit high growth over the next few years. This may be attributed to the migration of manufacturing processes to developing regions in order to capitalize on labor cost and high availability of raw materials in this region.
  • Companies operating in the industry include GE, Eaton, ABB, Honeywell, Siemens, Omron, Rockwell Automation, Emerson Electric, etc. 
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/electronic-devices
Grand View Research has segmented the global Human Machine Interface (HMI) market on the basis of product, application and region:
HMI Product Outlook (Revenue, USD Million, 2012 – 2022)
  • Display Terminals
  • Interface Software
  • Industrial PCs
HMI Application Outlook (Revenue, USD Million, 2012 – 2022)
  • Automotive
  • Healthcare
  • Food & Beverages
  • Oil & Gas
  • Packaging
  • Aerospace & Defense
HMI Regional Outlook (Revenue, USD Million, 2012 – 2022)
  • North America
  • Europe
  • Asia Pacific
  • RoW
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.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research