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Proximity - Displacement Sensors Market Is Projected To Reach $6 Billion By 2022 | Key Industry Players Eaton Corporation, OMRON Corporation

San Francisco, 11 December 2018 - The global market for  proximity and displacement sensors  is expected to reach over USD 6 billion by 2022, growing at an estimated CAGR of around 9% from 2015 to 2022, according to a new study by Grand View Research, Inc. Technical advancement leading to miniaturization of proximity and displacement sensors is one of the key trends driving the global market towards growth.  Moreover, factory process automation, growing awareness towards energy efficiency and rising demand for elevators and escalators are some of the major factors driving the growth of the market. In addition, booming market for smart-phones, tablets and other gadgets is propelling the demand for the sensors globally. Considering all the above mentioned factors, the global market is anticipated to reach over USD 6 billion.  However, the implementation of integral automation system attracts a huge amount of initial investment, leading to rise in the overall cos...

Earphones And Headphones Market To Surpass $15.8 Billion By 2025 | Key Industry Players Skullcandy, Sony Corp, Sennheiser Electronic

San Francisco, 6 December 2018 - The global  earphones and headphones market  is expected to reach USD 15.8 billion by 2025, according to a new research conducted by Grand View Research, Inc. The increasing adoption of earphones/headphones during a workout is primarily expected to drive the earphones & headphones market growth over the coming years. Customers use headphones at their workplaces to enjoy music and other audio content on mobile devices. Further, availability of advanced features and the surge in replacement market is anticipated to fuel their demand over the next seven years. The music & entertainment industry has flourished, significantly, over the past years. Live music streaming on portable devices, including smartphones and music players, has completely evolved the economy of the global music industry. The music & entertainment industry has marked its presence with technological advancements and has catered the global accessory market, such a...

Semiconductor Laser Market Size Worth $9.52 Billion By 2024 | Key Industry Players Trumpf GmbH + Co. KG, Coherent Inc.

San Francisco, 29 November 2018 - The global  semiconductor laser market  size is expected to reach USD 9.52 billion by 2024, according to a new report by Grand View Research, Inc. The surging acceptance of fiber optic lasers in the communication and connectivity verticals and the growing preference for semiconductor lasers over other light sources are expected to boost the market growth. The increasing deployment of semiconductor laser diodes in various application verticals has further bolstered the industry growth. The growing usage of 3D printing in the healthcare and architectural platforms are expected to increase the demand for semiconductor lasers. The semiconductor lasers can be categorized on the basis of laser types into fiber optic lasers, vertical cavity surface emitting lasers, compact disc lasers, high power diode lasers, red lasers, violet lasers, green lasers, and blue lasers. The fiber optic laser segment is expected to grow at a remarkable pace owing to ...

Camping Cooler Market To Be Worth $1.05 Billion By 2025 | Key Industry Players AO Coolers, Bison Coolers, Engle Coolers

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San Francisco, 28 November 2018 - The global  camping cooler market  size is expected to reach USD 1.05 billion by 2025, according to a new report by Grand View Research, Inc., registering a 6.4% CAGR during the forecast period. The market is expected to witness considerable growth over the forecast period owing to adoption of innovative technologies for manufacturing chillers and growing inclination of people spending time outdoors in the wild. Millennials continue to change the camping landscape through their growing participation in various physical or recreational activities, such as backpacking, mountain biking, and hiking, which is indirectly increasing the popularity of camping iceboxes. As per Outdoor Industry Association’s report in 2017, the annual consumer spending on outdoor recreational activities in North America amounted to USD 887 billion, which is much higher than the amount spent on essential amenities, including education, fuel, and medical care. I...

Video Surveillance And VSaaS Market Holds Growth Of $48.95 Billion By 2020 | Key Industry Players Honeywell, Cisco, Bosch Security

San Francisco, 21 November 2018 - 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 v...

Loudspeaker Market Holds Growth of $8.48 Billion By 2025 | Key Industry Players B&W Group Ltd., Audiovox Corporation, Boston Acoustics Inc.

The global  loudspeaker market  is estimated to reach USD 8.48 billion by 2025, according to a new report by Grand View Research, Inc. Increasing middle class population and rising disposable income is expected to propel industry growth. Rising in-home entertainment, decreasing sound quality of the television owing to reduction in size and growing entertainment spending is anticipated to boost industry over the forecast period. Technological advancements in design, sound quality, size and power, and new product introduction are anticipated to drive demand over the next seven years. The increasing popularity of wireless streaming of audio content among consumer is also expected to boost demand over the forecast period. To request a sample copy or view summary of this report: www.grandviewresearch.com/industry-analysis/loudspeaker-market Further key findings from the study suggest: Type of loudspeakers available in market includes satellite/subwoofer, soundba...