Embedded Systems Market To 2020 - Market Share, Forecast and Segment

The global embedded systems market is expected to reach USD 214.39 billion by 2020, according to a new study by Grand View Research, Inc. Favorable regulatory scenario for installation of smart devices such as smart meters is expected to drive global embedded system demand over the forecast period. Growing adoption and evolution of the Internet of Things (IoT) driven by technological advancement is also expected to fuel the industry over the next six years.

Increasing demand for end-use industries such as healthcare and consumer electronics is expected to positively impact the embedded systems market. Key requirements for an efficient embedded system include high degree of reliability and responsiveness as well as low cost, since these devices are embedded in safety critical systems. Decreasing prices of microcontrollers, which are a key component of embedded hardware, is expected to give impetus to the market in the coming years.

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

Further key findings from the study suggest:

• Embedded hardware is expected to remain the dominant product segment and accounted for 93.8% of the global market in 2013. It includes Digital Signal Processors (DSP), microprocessors as well as microcontrollers. Embedded software is expected to grow at the fastest rate of 8.1% from 2014 to 2020.

• Automotive is expected to continue leading the global market; the segment accounted for 20.8% of the overall market share in 2013. This can be attributed to the high electronic content in automotives coupled with growing focus on Hybrid Electric Vehicles (HEV) for energy efficiency. The market for healthcare applications is expected to be the fastest growing, at a CAGR of 7.1% from 2014 to 2020.

• North America accounted for over 34% of the global market in 2013, and is expected to remain the largest regional market over the next six years. The market in Asia Pacific is marked by the presence of semiconductor fabrication plants such as the Taiwan Semiconductor Manufacturing Company (TMSC); the region also comprises a significant number of skilled professionals. As a result, the market in this region is expected to grow at a CAGR of 6.7% from 2014 to 2020, faster than the global average.

• Companies operating in the global embedded systems market offer embedded software development as well as hardware such as microcontrollers and microprocessors. Key industry participants include Renesas Electronics, Intel Corporation, Freescale Semiconductor, Infineon Technologies, Atmel Corporation and Samsung Electronics among others.

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

Embedded Systems Product Outlook (Revenue, USD Billion, 2012 - 2020)

            • Embedded Hardware

            • Embedded Software

Embedded Systems Application Outlook (Revenue, USD Billion, 2012 - 2020)

            • Automotive

            • Consumer Electronics

            • Healthcare

            • Industrial

            • Military and Aerospace

            • Telecommunication

            • Others

Embedded Systems Regional Outlook (Revenue, USD Billion, 2012 - 2020)

            • 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/

Magnetic Sensors Market To 2022 - Market Size, Analysis, Competitive Strategies and Growth: Grand View Research, Inc.

The global magnetic sensors market size is expected to reach USD 3.65 billion by 2022 according to a new report by Grand View Research, Inc.

Technological advancements and an increased awareness regarding vehicle safety are anticipated to drive the global magnetic sensors market growth over the forecast period. Escalating demand for GPS & navigation enabled smartphones and wearable devices is expected to further incite industry growth.

Magnetic sensing devices are used for detecting and measuring magnetic fields. These sensors assist in wear-free measurement of angular speed and angle of rotation with contactless operation. They are widely used in consumer electronic devices such as smartphones and wearable devices for position sensing, switching, current sensing, and angular sensing. In addition, they are used in white goods and heavy consumer durables such as air conditioners and refrigerators.

However, intense competition and a gradual decline in the average selling price have left the industry unattractive for vendors, thereby challenging market growth.

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

 North America magnetic sensors market by technology, 2012-2022, (USD Million)

 Further key findings from the report suggest:

• Magnetic sensors used across various industry verticals are based on different sensing technologies such as Hall Effect, Anisotropic Magnetoresistance (AMR), Giant Magnetoresistance (GMR), and others such as Tunneling Magnetoresistance (TMR) and Superconducting Quantum Interface Device (SQUID). Hall Effect based sensing module segment dominates the industry accounting for over 55% of the market share in 2014. They are extensively used in various automotive safety systems including Anti-lock Braking Systems (ABS) and advanced driver assistance systems.
• Magnetic sensors find numerous applications across various verticals including automotive, consumer electronics, industrial, and others such as aerospace and defense, R&D, and non-destructive testing activities. Automotive applications segment dominated the industry accounting for over 50% of the market revenue share in 2014. These sensing devices form an essential part of major safety and driver assistance systems in modern day vehicles thereby driving their demand. Moreover, such sensors and switches have become a critical part of the battery systems in hybrid and Electronic Vehicles (EV) owing to their efficient and battery saving operation.
• Asia Pacific region dominates the global market in terms of demand and is projected to grow at a CAGR of nearly 12% over the forecast period. Presence of major end-use industries in the region has led to an increasing demand for such sensing modules in the region. Countries such as China, Japan, and India house most of the technological and automotive giants leading to an escalating demand over the forecast period.
• Key industry participants include Baumer, Honeywell International Inc., iC-Haus, Infineon Technologies AG, Mesmic Corporation, NXP Semiconductors, and Robert Bosch GmbH. Major vendors are based in countries from the European Union and Asia Pacific region to cater to an ever-increasing need for such sensing devices from the growing automotive and consumer electronic industry. Manufacturers resort to mergers, alliances, and vertical integration to streamline the process of procurement and drive profitability.

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Grand View Research has segmented the global magnetic sensors market on the basis of technology, application, and region:

Magnetic Sensors Technology Outlook (Volume, Million Units ; Revenue, USD Million 2012 – 2022)

• Hall Effect
• AMR
• GMR
• Others 

Magnetic Sensors Application Outlook (Volume, Million Units ; Revenue, USD Million 2012 – 2022)

• Automotive
• Consumer Electronics
• Industrial
• Others 

Magnetic Sensors Regional Outlook (Volume, Million Units ; Revenue, USD Million 2012 – 2022)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

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/

Automotive Sensor Market Forecast, Industry Outlook, Market Demand, Share 2015 To 2022 by Grand View Research, Inc.

The Global Automotive Sensor Market size is expected to reach USD 36.76 billion by 2022, according to a new study by Grand View Research, Inc. Favorable government regulations for increasing overall passenger security and safety is expected to augment market demand over the forecast period. These products have become an important part of automobiles, and detect physical parameters such as speed and heat and take preventive measures in case of any danger.
Growing consumer adoption of electric, hybrid and hydrogen fuel-cell-powered motor vehicles is expected to drive demand for battery monitoring. Image sensor-based ADAS systems have become essential for tracking and identifying potential hazards. Additionally, rising number of autonomous vehicles in yielding lower fuel consumption and reduced traffic congestion features in developing countries such as Japan and China is expected to favorably impact the automotive sensor market. Demand for retrofitting of advanced systems into the existing motor vehicle fleet is also expected to augment demand.

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

North America automotive sensor revenue by application, 2012-2022, (USD Million)

 

Further key findings from the study suggest:

• Advanced proximity and positioning sensors help remotely determine the location of an object, and this segment is expected to grow at a CAGR of over 11.0% from 2015 to 2022. These products include radar, infrared, ultrasonic, and laser devices, and are finding application in detection of objects around vehicles in addition to occupancy sensing.
• Sensors used for safety and security applications monitor wheel speed, occupant position tire inflation, etc. For instance, Jaguar F-type uses these products for blind spot monitoring and close vehicle sensing designed to alert the driver about the presence of another vehicle in an adjacent lane by providing a visual warning indicator in the door’s mirror.
• Asia Pacific is expected to remain the leading regional market through the forecast period. The North American automotive sensor market is characterized by the presence of a stringent regulatory landscape. The U.S. NHTSA is attempting to control driver support technologies and direction of automotive collision avoidance. The government is expected to mandate fitment of V2V safety technology in future cars. In addition, the U.S. Association of Automobile Manufacturers (AMM) is expected to leverage rear-view camera and removing side-view mirrors, which can reduce noise and fuel consumption. Outsourcing of manufacturing process to low-cost countries like Mexico, China, Bulgaria, Malaysia, India or the Dominican Republic due to high labor costs in the U.S. is a key industry trend.
• Major industry participants such as Bosch focus on research and development to ensure product differentiation. The company’s R&D efforts have focused on development of efficient methods for ensuring reliability, precise 3D environment recognition, and securing the electronics architecture through constant plausibility checks on the data supplied. Other key players such as Freescale, Sensata, and Denso Corporation provide products that cater to a wide range of applications, such as ADAS, body electronics, chassis and safety, etc.

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

Automotive Sensor Product Outlook (Revenue, USD Million, 2012 – 2022)

• Physical Property
• Process Variable
• Proximity & Positioning
• Chemical Property
• Others

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

• Engine & Drivetrain
• Safety & Security
• Emission Control
• Others

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

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Kitchen Appliances Market Hits $246.3 Billion By 2022: Grand View Research, Inc.

The global kitchen appliances market is estimated to worth USD 246.3 billion by 2022, according to a new study by Grand View Research, Inc. Research and development or innovation by industry participant is anticipated to boost industry growth over the forecast period.

Energy efficiency, cost, technology advancement, quality of the products affect the consumers’ buying decision. Emergence of ecommerce industry and investment in distribution channels has not only boosted industry participants’ revenue but also has expanded their reach. Growing demand for product up-gradation is anticipated to drive industry growth over the next seven years.

Governments worldwide are focusing on curbing energy consumption through new regulation and consumer awareness campaign, which is anticipated to drive demand for energy efficient technology products.

Changing consumer lifestyle and increasing income level is expected to boost industry growth over the forecast period. Increasing demand for ready-to-eat food may pose a challenge to growth over the next seven years.

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

Further key findings from the study suggest:

• Kitchen appliances include dishwasher, cooking appliances, refrigerator, and other minor product. Some cooking products include griller, oven, barbecue, heater, fryer, cooker, etc. Increase in surplus money and growing dual earning family is expected to drive the demand for higher end or luxury product. Dishwashers are estimated to witness substantial growth owing to increasing home maid wage and decreasing time for household chores. The cooking appliances market is estimated to grow at CAGR of more than 4% over the forecast period.
• Commercial refrigerators are commonly used at convenience stores, grocery stores, restaurants, cafeterias, supermarkets, and other food stores. Increasing in number of fast-food restaurants is expected to favor commercial segment growth over the forecast period. Residential segment was valued at more than USD 100 billion in 2014 and is expected to be the key application sector over the next seven years.
• North America kitchen appliances market is anticipated to dominate global revenue generation in the coming years. Asia Pacific kitchen appliances market is anticipated to witness significant growth owing to increase income level and rising middle class population in the region. Indian government “Make in India” initiative will not will boost manufacturing but also enable industry players to offer products at low cost to Indian customers.
• Europe kitchen appliances market is expected to be propelled by increasing demand for energy efficient products. Government in European countries and the European Union are trying to curb energy consumption through new regulation and consumer awareness program.
• Companies operating in the industry include Dacor Inc, AB Electrolux, LG Electronics, Haier Group Corporation, Panasonic Corporation, and Philips Electronics. Other prominent vendors include Morphy Richards Limited, Samsung Electronics, Robert Bosch GmbH, and Whirlpool Corporation. In February 2014, Philips announced the availability of Philips Airfryer, an innovative kitchen appliance in nearly over 100 countries around the world. In August 2015, Electrolux Professional announced that it had enhanced its delivery offering to allow dealers and designers access to new commercial kitchen equipment just 24 hours after ordering. In October 2014, Electrolux announced the acquisition of Beefeater Barbecues, an Australian barbecue manufacturer, to increase market growth of niche barbecues in the region.

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Grand View Research has segmented the kitchen appliances market on the basis of product, application, and region:

Kitchen Appliances Product Outlook (Revenue, USD Billion, 2012 – 2022)

• Refrigerator
• Cooking Appliances
• Dishwasher
• Others

Kitchen Appliances Application Outlook (Revenue, USD Billion, 2012 – 2022)

• Commercial
• Residential

Kitchen Appliances Regional Outlook (Revenue, USD Billion, 2012 – 2022)

• North America
• Europe
• Asia Pacific
• RoW