Temperature Sensors Market Will Grow Rapidly Owing To Increased Usage In Automotive Applications Such As Cylinder Head Temperature, Coolant And Air Intake Monitoring Till 2020

The Global Temperature Sensors Market is expected to reach USD 6.13 billion by 2020, according to a new study by Grand View Research, Inc. Increasing global demand for smarter consumer electronics and automobiles is expected to favor market growth over the forecast period. Temperature sensors are increasingly used in smartphones and other consumer electronics to monitor their temperature and enhance performance.
Basic temperature sensors include resistive temperature devices (RTD), thermocouples, liquid expansion devices, silicon diodes, infrared sensors etc. Additionally, fusion of communication, computing and sensing is expected to drive the MEMS market, which is expected to benefit global temperature sensor demand. Technological advancements and device miniaturization also drive market growth. Need for ensuring safety and favorable regulatory scenario is expected to fuel market growth over the forecast period. However, intense competition and significant price cuts may restrain the temperature sensors market over the forecast period.

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

Further key findings from the study suggest:

• Consumer electronics and environmental applications are expected to grow at a considerable rate over the forecast period. Temperature sensors are increasingly used standalone or integrated with diverse equipment. This technology is spurred by factors such as low cost and power and wireless connectivity. Introduction of new raw materials such as polymers is expected to lower the weight, size and cost of electronic devices.
• Sensors are used in wide range of applications such as consumer electronics, automotive, process industries etc. owing to easy equipment integration. Temperature sensors are increasing used in automotive applications such as cylinder head temperatures, coolant, and air intake. Therefore, rise in automobile production is expected to favor market demand. Temperature sensors are also used in HVAC, environmental control, food processing, medical devices and chemical handling applications.
• The Asia Pacific temperature sensors market accounted for over 30% of the global demand and is expected to grow at a considerable rate over the next six years. The regional market is expected to be driven by advancements in sensor technology and demand for high-performance sensors that can be fitted into handheld portable devices. China is expected to be the largest contributor to regional market revenue generation over the next six years.
• Key market participants include ABB, Delphi Automotive, Analog Devices Inc., Siemens AG, Freescale Semiconductor, Honeywell International, Texas Instruments, NXP Semiconductors, Panasonic, etc. Honeywell serves various industries including aerospace & defense, medical, transportation, industrial etc. Key players are increasingly moving their manufacturing facilities in countries with economical labor particularly in Asia Pacific to reduce their overall cost. Cost effective and differentiated services are expected to be a critical success factor for the industry participants.

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For the purpose of this study, Grand View Research has segmented the global temperature sensors market on the basis of application and region:
Temperature Sensors Application Outlook (Revenue, USD Million, 2012 – 2020)

• Automotive
• Consumer Electronics
• Environmental
• Healthcare & Medical
• Process Industries
• Others

Temperature Sensors Regional Outlook (Revenue, USD Million, 2012 – 2020)

• North America           
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• India
• RoW
• Brazil

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Video Surveillance & Vsaas Market Are Widely Used In Transportation And Retail Applications Till 2020: Grand View Research, Inc.

The Global Video Surveillance & VSaaS Market is expected to reach USD 48.95 billion by 2020, according to a new study by Grand View Research, Inc. Growing number of security concerns on a global level coupled with increased investment in sophisticated surveillance network development is expected to drive the market. Increased demand for traffic surveillance and intrusion detection is also expected to propel market growth over the next six years.
Technological advancement has led to the development of improved surveillance cameras and related devices. Declining IT costs and centralized data management are expected to positively impact the video surveillance & VSaaS market. Privacy concerns associated with public surveillance may restrain market growth. Implementing big data analytics solutions is expected to provide viable growth opportunities to companies operating in the market. Mobile video surveillance allows real-time data viewing, which presents growth potential to the video surveillance market.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/video-surveillance-industry

Further key findings from the study suggest:

• IP-based systems are expected to gain market share over the forecast period, which can be attributed to benefits such as superior image resolution and integrated analytics engines. Demand for analog systems is expected to remain robust in the price-sensitive consumer segment.
• Hardware accounted for majority of the market share in 2013, and is expected to remain the leading component segment over the forecast period. Key hardware products include cameras, recorders and storage devices; need for efficient security in public venues and sporting events is expected to drive global surveillance cameras demand. The services segment that includes hosted, managed, and hybrid services is expected to witness high growth over the next six years.
• Transportation and retail are expected to remain the major application segments over the forecast period. Need for traffic regulation and controlling theft and vandalism activities in public transport are expected to drive market growth. Video surveillance proves effective for deterring crime and curbing business losses, which is expected to fuel the retail segment.
• North America was the largest regional market in 2013, and is characterized by the presence of several industry participants. Asia Pacific is expected to gain market share over the forecast period; this is mainly due to growing installation of surveillance devices in China and India, along with increased infrastructure spending in the region.
• Key market players include Hikvision Digital Technology, Axis Communications, Honeywell, Cisco, Bosch Security, etc. Companies enter into strategic alliances and focus on product innovation in order to gain market share. Focus on providing VSaaS solutions and investing in emerging markets are other strategic initiatives.

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For the purpose of this study, Grand View Research has segmented the global video surveillance & VSaaS market on the basis of product, component, application and region:
Video Surveillance & VSaaS Product Outlook (USD Billion, 2012 – 2020)
    • IP-Based
    • Analog
Video Surveillance & VSaaS Component Outlook (USD Billion, 2012 – 2020)
    • Hardware
    • Software
    • Services
Video Surveillance & VSaaS Application Outlook (USD Billion, 2012 – 2020)
    • Residential
    • Retail
    • Transportation
    • Government
    • Corporate
    • Hospitality
    • Industrial
    • Healthcare
    • Stadiums
    • Others
Video Surveillance & VSaaS Regional Outlook (USD Billion, 2012 – 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW

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Hand Dryers Market Is Anticipated To Fuel Demand In Restaurants, Pubs, And Hotels Sectors Till 2024: Grand View Research, Inc.

The global hand dryers market is anticipated to reach a valuation of USD 1.59 billion by 2024, according to a new study by Grand View Research, Inc. In terms of volume (shipments), the market is expected to exhibit a CAGR exceeding 14.0% during the forecast period. The increasing government initiatives to spread awareness about hygiene and cleanliness are expected to drive demand over the next eight years. The rapid growth in the hospitality sector with a surge in the number of restaurants, pubs, and hotels is anticipated to fuel demand. The growth of smart cities and infrastructure development is further expected to boost the industry growth over the forecast period.
Technological advancement, quality, price, and energy efficiency affect the buying decision of end-users. The declining cost of hand dryers, paired with an additional benefit of reducing the operational cost, is expected to propel the product demand over the forecast period; particularly in the commercial sector. The growing awareness of the use of eco-friendly appliances and energy efficient products is also anticipated to favor the industry growth over the period of 2016 to 2024.
The related noise pollution and high initial cost associated with the high-speed automatic hand dryers are expected to hinder the industry growth significantly over the coming years. The rising health concerns on account of spreading germs and bacteria with the use of hand dryers may adversely impact the hand dryers’ demand.

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

Further key findings from the study suggest:

·         On the basis of product, hot air products are more popular owing to their low cost as compared to other variants. Jet air accounted for more than 60% of the overall revenue share and is expected to grow at a CAGR of more than 10% in terms of volume over the forecast period. This can be primarily attributed to the operational and energy efficiency benefits offered by these devices. However, the high installation cost associated with the installation of jet air products may hinder the segment growth over the next few years.

·         The operation segment comprises manual on - automatic off and fully automatic. The fully automatic segment accounted for more than 70% of the overall volume share in 2015, which is expected to increase over the next eight years due to the increasing popularity of fully automatic hand dryers worldwide. These devices offer better convenience to consumers as there is no need for any human touch to operate, thereby reducing human efforts.

·         Hotels and restaurants end-use industry segment is expected to exhibit a growth of more than 12.0% over the period of 2016 to 2024. This can be attributed to the surge in the number of hotels, pubs, and restaurants, particularly in the emerging economies on account of the increasing customer purchasing power paired with the growing hygiene concerns among users. The hospital and office building segment is anticipated to grow at a CAGR exceeding 11.0% over the forecast period.

·         Asia-Pacific hand dryers market is estimated to grow at a CAGR of more than 12.0% over the next eight years, owing to the rising infrastructure development along with the increasing consumer purchasing power in the region. Europe and North America are anticipated to exhibit growth of over 11.0% over the forecast period. This can be primarily attributed to the rising awareness pertaining to the growing hygiene concerns among the customers.

·         The industry is technology driven and continuously evolving. Prominent industry players emphasize on R&D investments to increase the degree of product differentiation and gain a competitive advantage. The notable industry participants include American Dryer Inc., World Dryer Corporation, Electrostar, Dyson Ltd., Euronics Industries, Excel Dryer, Mitsubishi Electric Corporation, and Panasonic Corporation. In April 2015, World Dryers Corporation launched a new high-speed device, VERDEdri, which runs on 950 watts of power.

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Grand View Research has segmented the hand dryers market on the basis of product, operation, mounting technique, end-use industries, and region:
Hand Dryers Product Outlook (Volume & Revenue, USD Million, 2008 - 2024)

·         Jet air

·         Hot air

Hand Dryers Operation Outlook (Volume & Revenue, USD Million, 2008 - 2024)

·         Manual on - automatic off

·         Fully automatic

Hand Dryers Mounting Technique Outlook (Volume & Revenue, USD Million, 2008 - 2024)

·         Surface mounted

·         Wall mounted

Hand Dryers End-Use Industries Outlook (Volume & Revenue, USD Million, 2008 - 2022)

·         Airports

·         Educational institute

·         Hospitals

·         Hotels and restaurants

·         Office buildings

·         Railway stations

·         Shopping &commercial complex and multiplexes

·         Others (Residence, bus stands, palace, government rest house, etc.)

Hand Dryers Regional Outlook (Volume &Revenue, USD Million, 2008 - 2022)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

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Service Robotics Market Will Witness Growth Owing To Increasing Costs Of Labor In The Developed Countries Till 2020: Grand View Research, Inc.

The global service robotics market is projected to reach USD 15.69 billion by 2020, at an expected CAGR of 23.7% from 2014 to 2020. The demand for the global service robotics is anticipated to surpass 18 million units by 2020. The major factor driving the industry is the rising occurrences of supported living and the demand to fight against increasing costs of labor in the developed countries.
The foremost advantage offered by service robotics includes assistance in carrying out those tasks which would otherwise have been tough and risky. Moreover, the ordinary routine tasks can be effortlessly dealt with having a high degree of accuracy with the help of these devices.
The global industry has witnessed a massive growth in the number of companies trying to enter the industry and gain share by evolving and refining their automation techniques. The components involved in the manufacturing these machines include microcontrollers, actuators, manipulators, sensors, and power supply.

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

Further key findings from the report suggest:

·         In 2013, personal robots had the highest share of the market regarding volume. However, the highest revenue generating segment included professional robots. These professional service robots accounted for over 70% of the global market in that year. Professional service robots are further segmented into field, medical, defense, and logistic robots. Out of these, in 2013, the defense professional service robots led the global industry concerning revenue generation and accounted for over 40% of the total revenue. This was due to their utilization of unmanned aerial vehicles.

·         North America emerged as the largest market in 2013, accounting for more than 35% of the overall volume share. The U.S. was the primary revenue generator of North America. This high growth in the region can be attributed to the quick rise in the development of production capacities as well as industrialization. Furthermore, the rapidly growing automotive industry in North America is also projected to drive the demand for the overall industry.

·         The global service robotics industry is highly branded as there is intense competition between the specialized service robot manufacturers and the industrial robot manufacturers. The major corporations operating in the market include Samsung Electronics, Toyota Motor Corporation, Hanool Robotics Corp, Honda Motors Co. Ltd. Other participants include GeckoSystems, Yujin Robot, iRobot Corporation, AB Electrolux, Fujitsu Frontech Limited, LG Electronics Inc., and Sony Corp. Over the next six years, companies including Amazon, Google, and Apple are also expected to enter into the global service robotics market.

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Grand View Research has segmented the global service robotics market on the basis of application and region:
Service Robotics Application Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 - 2020)
    • Professional Robots
            • Defense
            • Field
            • Medical
            • Logistics
            • Mobile Platforms
            • Underwater Systems
            • Construction & Demolition
            • Others
    • Personal Robots
            • Entertainment
            • Household
Service Robotics Regional Outlook (Volume, Thousand Units & Revenue, USD Million; 2012 - 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW

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