Mobile Robotics Market To 2020 – Industry Share, Regional Outlook, Application Analysis: Grand View Research, Inc.

According to a new study by Grand View Research, Inc., global mobile robotics market growth 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.

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 mobile robotics 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.

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

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 mobile robotics 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 mobile robotics 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.

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For the purpose of this study, Grand View Research has segmented the global mobile robotics market on the basis of product, application and region:

Mobile Robotics Product Outlook (Revenue, 2012 – 2020)

    • Unmanned Ground Vehicles (UGVs)

    • Unmanned Aerial Vehicles (UAVs)

    • Unmanned Surface Vehicles (USVs)

    • Autonomous Underwater Vehicles (AUVs)

Mobile Robotics Application Outlook (Revenue, 2012 – 2020)

    • Industrial

    • Service

Mobile Robotics Regional Outlook (Revenue, 2012 – 2020)

    • North America

    • Europe

    • Asia Pacific

    • RoW

IoT Microcontroller Market Trends 2015 To 2022 by Grand View Research, Inc.

Global IoT MCU market is expected to reach USD 3.56 billion by 2022, according to a new report by Grand View Research, Inc. IoT demands enhanced connectivity in several consumer devices owing to which microcontrollers integrating IoT applications with ultra-low power architecture are targeted. These ultra low power MCUs are primarily designed, to cater wireless devices.
Microcontroller industry is anticipated to benefit with the internet of things expansion over the next seven years. The technology offers opportunities for semiconductor manufacturers, particularly one that suggests companies should begin capitalizing now, while the sector is still developing. Additionally, another key factor associated with IoT MCU growth is how quickly industry participants can address and resolve issues such as inadequate security, meager consumer demand, technology barriers and lack of standards. The technology is here to stay, and is anticipated to help semiconductor industries to maintain or surpass current demand over the next few years.

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

U.S. IoT microcontroller market by application, 2012 - 2022 (USD Million)

 

 Further key findings from the report suggest:

• 32-bit segment is expected to grow at a CAGR exceeding 10% from 2015 to 2022. Previously, electronic designers largely used an 8-bit device often featuring the 8051 architecture; however with advances in technology as well as growing scope of application areas, 32-bit MCUs have emerged as the most obvious choice. While these changes are already in progress, internet of things has also predominantly influenced how microcontroller technology develops.
• In 2014, consumer electronics captured a sizeable market share accounting for over 30% of the overall revenue. Industrial automation is also expected to witness healthy growth underneath the IoT umbrella with the segment revenue exceeding USD one million by 2022.
• Home automation is also being viewed as a very lucrative segment as internet of things has considerably changed ideas pertaining to home electronics design, wherein microcontrollers play a pivotal role. Several manufacturers have taken this as a potential market expansion strategy and offer an array of products suited for this purpose.
• North America IoT microcontroller market accounted for more than 30% in 2014 owing to ongoing technological developments, and is expected to grow at a CAGR more than 9% from 2015 to 2022. Growing demand in the smart home segment is also expected to be a primary factor contributing towards regional market growth
• High penetration of consumer electronics such as smart wearables, home appliances, smartphones, tablets, cameras, televisions, etc, is anticipated to fuel Asia Pacific internet of things MCU market over the forecast period.
• The semiconductor industry is highly competitive and characterized by constant and rapid technological advancements, price erosion, shorter product lifecycles and evolving standards. The success of this market relies heavily on the manufacturer’s ability to invest in R&D and develop new products. Key players operating in this industry include ARM, NXP Semiconductors, Atmel Corporation, Infineon Technologies, Broadcom Corporation, Microchip Technology Inc., NXP Semiconductors., Silicon Labs, STMicroelectronics and Texas Instruments.

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

IoT MCU Product Outlook (Revenue, USD Million; 2014 – 2022)

• 8-bit
• 16-bit
• 32-bit

IoT MCU Application Outlook (Revenue, USD Million; 2014 – 2022)

• Industrial Automation
• Smart Home
• Consumer Electronics
• Others

IoT MCU Regional Outlook (Revenue, USD Million; 2014 – 2022)

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

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                          

Blog Site: http://www.divog.org/

New Report - Automotive Lighting Market Study To 2022: Grand View Research, Inc.

The automotive lighting market is expected to reach USD 34.65 billion by 2022, according to a new study by Grand View Research, Inc. Growing safety concerns and stringent government regulations are expected to drive demand over the next seven years. Rising awareness among consumers regarding the importance of adaptive light solutions such as glare-free high beam and dynamic bend lights is also anticipated to fuel exterior lighting demand.
Increasing vehicle production and sales combined with technological advancements are also estimated to accentuate demand over the forecast period. Rising disposable income coupled with increasing concerns for energy efficiency is estimated to fuel demand.
Growing total number of vehicles across the BRIC nations is anticipated to offer lucrative growth opportunities for the industry. However, harmonization of the legislative authorities with various light sourcing technology providers needs to be addressed in order to allow design flexibility.

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

Further key findings from the study suggest:

• In 2014, halogen had a significant share of over 66% in terms of revenue followed by xenon and LED. It is a prominent mode of illumination in vehicles and is being used since many years due to its easy availability, low purchasing cost, and low replacement cost.
• Automotive LED market is estimated to exhibit substantial growth growing at a CAGR of over 12% from 2015 to 2022. Growing environmental concerns along with increasing fuel prices pose a major challenge for automakers. Thus, vendors are turning towards eco-friendly LED technologies owing to its high power, efficiency, and reduced CO2 emissions. These lights are finding various applications in headlights, turning lights, Daytime Running Lights (DRL), parking lights, and brake lights. Longer self-life of LEDs gives it a major advantage over halogen and xenon lights. Presently, OLED lights are introduced with improved design and optimum light bearing capacities.
• Front lighting industry accounted for over 70% of the overall revenue in 2014 and is anticipated to sustain its position by 2022. Adaptive headlights are an active safety feature designed to enhance the drivers’ visibility in low illumination conditions. These adaptive headlights comprise advanced features such as automatic rotation headlights in sync with sensor response and automatic brightness. Extreme weather conditions in North America and European regions highlight the obligatory need for fog lamps in automobiles, thus driving demand across this segment.
• Asia Pacific automotive lighting industry is expected to be the key region and is anticipated to grow at a CAGR of over 8%, reaching a share of over 45% by 2022. This region has huge production base and would continue its leading position with ongoing expansion activities of the suppliers in the region. Countries such as China, India, and Japan account for majority of the vehicle production across globe, thus offering substantial growth opportunities. Further, presence of large number of key industry players is estimated to favor consumption growth.
• Automotive lighting market share is occupied by companies such as Koito Manufacturing Co., Ltd., Valeo, Hella KGaA Hueck & Co., and Magneti Marelli S.p.A. Mergers & acquisitions along with new product development are adopted by vendors to extend their presence. Introduction of compact, energy-efficient, and low-cost LED lights is anticipated to emerge as a profitable strategy for the participants.

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Grand View Research has segmented the automotive lighting market on the basis of technology, application, and region:

Automotive Lighting Technology Outlook (Revenue, USD Million, 2012 – 2022)

• Halogen
• Xenon
• LED

Automotive Lighting Application Outlook (Revenue, USD Million, 2012 – 2022)

• Front/headlamps
• Rear
• Side
• Interior

Automotive Lighting Regional Outlook (Revenue, USD Million, 2012 – 2022)

• North America
• Europe
• Asia Pacific
• RoW

Fitness Equipment Market Hits $13.24 Billion By 2022: Grand View Research, Inc.

The global fitness equipment market size is expected to reach USD 13.24 billion by 2022 according to a new study by Grand View Research, Inc.
Increasing awareness of health & wellness, increasing urbanization, and an exponential increase in obese population across the world are some of the factors expected to drive the global fitness equipment market growth.
The market is analyzed in accordance to equipment type such as cardiovascular, strength training, and other devices such as monitors & trackers. Treadmills, stationary bicycles, stair climbers, and weightlifting machines are commonly used by people across all age groups for weight management and to maintain an overall body well-being.
Governments in developed countries are constantly in the process of conceptualizing and establishing effective and timely healthcare programs. Developing countries also indicate a significantly growing trend of healthcare offerings across all sectors. Additionally, increasing trends of corporate fitness and wellness programs offered by organizations across different industry verticals to their employees have further propelled industry growth.

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

Further key findings from the study suggest:

• Cardiovascular training devices are expected to strengthen their presence over the forecast period and are expected to grow at a CAGR of over 3% from 2015 to 2022. Adoption of cardiovascular training devices is comparatively higher as compared to strength training devices as it offers dual benefit of disease prevention and well-being. Cardiovascular training devices such as treadmills, stationary bicycles, rowing machines, and stair machines are extensively used to maintain body fitness and keep the Body Mass Index (BMI) within healthy limits.
• Health clubs and gyms dominated the industry accounting for over 45% of the market share in 2014. Home users of such devices procure different equipment for their personal use while these devices are an essential prerequisite for health clubs and gyms in order to run their businesses. Other commercial users, such as hotels, hospitals, and corporate offices, purchase them to improve the customer experience they offer.
• Asia Pacific is expected to grow at a CAGR of over 7% over the forecast period due to a relatively untapped market for sophisticated and advanced fitness equipment in the region. Large youth population with rising disposable incomes in countries such as China and India are expected to drive industry growth during the next seven years. Rising overweight population in North America has led the region to dominate the industry. North America occupied nearly 45% of the overall industry share in 2014 and is projected to grow steadily over the forecast period at a CAGR of nearly 2%.
• Companies operate their businesses in highly competitive market by launching new products or updated versions of existing products. Technological and product innovations have driven the highly dynamic market. Industry participants such as Brunswick, Cybex International Inc., Johnson Health Tech, Nautilus Inc., Paramount, and Precor have formed strategic alliances with gym and health club service providers to gain the industry revenue share and establish their dominance in the market.

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Grand View Research has segmented the global fitness equipment market on the basis of device, end-use, and region:
Fitness Equipment Device Outlook (Revenue, USD Million, 2012 – 2022)

• Cardiovascular training
• Strength training
• Others

Fitness Equipment End-Use Outlook (Revenue, USD Million, 2012 – 2022)

• Home
• Health clubs
• Others

Fitness Equipment 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                          

Blog Site: http://www.divog.org/