Thursday, 24 December 2015

Circuit Breaker And Fuse Market Research Report To 2022: Grand View Research, Inc.



The global circuit breaker and fuse market is expected to reach USD 18.92 billion by 2022, according to a new report by Grand View Research, Inc. Replacement of electromechanical and mechanical devices with electronic equipment is expected to drive demand in manufacturing and industrial sector.
Increasing construction and infrastructure activities using different components in residential and commercial projects such as MCBs, protective relays, air and gas circuit breakers is expected to boost demand.
Technological advancements such as emergence of generator circuit breakers in natural gas power plants are further expected to boost the demand. Moreover, significant investment transmission grid has surpassed the need of replacing worn out energy infrastructure which is expected to provide significant opportunities for the circuit breaker and fuse industry.
Growing focus on increasing the functionality of power system apparatus to facilitate better system asset management and improve electrical power quality is expected to drive the market over the next seven years. However, high cost of raw materials such as gold and silver used for component wiring are expected to hamper growth.
Further key findings from the study suggest:
  • Low voltage circuit breaker market accounted for over 35% of the overall share in 2014. These are generally used in industrial, commercial and domestic applications. They are rated less than 1000 VAC or 1500 V DC and are primarily used for DC applications.
  • The vacuum technology segment accounted for over 25% of the overall industry in 2014 and is expected to increase over the next seven years. This growth can be attributed to features such as less power requirement for control mechanism and growing demand for small and cost competitive vacuum components.
  • SF6 segment is expected to grow at a CAGR of 7.8% from 2015 to 2022. Low electromagnetic emissions and low noise levels make them suitable for residential areas. SF6 products are suitable for harsh environments such as offshore oil platforms, high altitude locations which may also boost sales for these products.
  • Low voltage fuse market is expected to grow at a CAGR of over 4.5% from 2014 to 2022. Growing demand in automotive applications for auto-recloser breakers is gaining prominence.
  • Power generation application segment accounted for over 20% of the revenue in 2014. It is projected to maintain its dominance during the forecast period primarily due to a rapid increase in installation of smart grids.
  • Asia Pacific circuit breaker and fuse market is expected to witness significant growth over the forecast period. It accounted for over 30% of the industry share in 2014 and is estimated to exhibit high growth prospects over the next seven years.
  • Notable companies dominating the industry include ABB Ltd, GE, Schneider Electric, Mitsubishi Electric, and Eaton Corporation. Several legal and regulatory frameworks are anticipated to positively impact the competition.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/semiconductors
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/


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Sunday, 20 December 2015

Automotive Lighting Market To 2022 – Market Share, Growth, Trends: 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.

Asia Pacific automotive lighting market, by technology, 2012-2022, (USD Million)
Asia Pacific 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.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/electronic-devices
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
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/


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Wednesday, 16 December 2015

Circuit Breaker And Fuse Market Analysis, Size, Segment To 2022 by Grand View Research, Inc.



The global circuit breaker and fuse market is expected to reach USD 18.92 billion by 2022, according to a new report by Grand View Research, Inc. Replacement of electromechanical and mechanical devices with electronic equipment is expected to drive demand in manufacturing and industrial sector.
Increasing construction and infrastructure activities using different components in residential and commercial projects such as MCBs, protective relays, air and gas circuit breakers is expected to boost demand.
Technological advancements such as emergence of generator circuit breakers in natural gas power plants are further expected to boost the demand. Moreover, significant investment transmission grid has surpassed the need of replacing worn out energy infrastructure which is expected to provide significant opportunities for the circuit breaker and fuse industry.
Growing focus on increasing the functionality of power system apparatus to facilitate better system asset management and improve electrical power quality is expected to drive the market over the next seven years. However, high cost of raw materials such as gold and silver used for component wiring are expected to hamper growth.
Further key findings from the study suggest:
  • Low voltage circuit breaker market accounted for over 35% of the overall share in 2014. These are generally used in industrial, commercial and domestic applications. They are rated less than 1000 VAC or 1500 V DC and are primarily used for DC applications.
  • The vacuum technology segment accounted for over 25% of the overall industry in 2014 and is expected to increase over the next seven years. This growth can be attributed to features such as less power requirement for control mechanism and growing demand for small and cost competitive vacuum components.
  • SF6 segment is expected to grow at a CAGR of 7.8% from 2015 to 2022. Low electromagnetic emissions and low noise levels make them suitable for residential areas. SF6 products are suitable for harsh environments such as offshore oil platforms, high altitude locations which may also boost sales for these products.
  • Low voltage fuse market is expected to grow at a CAGR of over 4.5% from 2014 to 2022. Growing demand in automotive applications for auto-recloser breakers is gaining prominence.
  • Power generation application segment accounted for over 20% of the revenue in 2014. It is projected to maintain its dominance during the forecast period primarily due to a rapid increase in installation of smart grids.
  • Asia Pacific circuit breaker and fuse market is expected to witness significant growth over the forecast period. It accounted for over 30% of the industry share in 2014 and is estimated to exhibit high growth prospects over the next seven years.
  • Notable companies dominating the industry include ABB Ltd, GE, Schneider Electric, Mitsubishi Electric, and Eaton Corporation. Several legal and regulatory frameworks are anticipated to positively impact the competition.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/semiconductors
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/


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Tuesday, 15 December 2015

Microwave Oven Market Size Worth USD 12.70 Billion By 2022: 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.

 North America microwave oven market demand by product, 2012-2022, (USD Million)
North America 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.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/electronic-devices
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
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/


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