Semiconductors & Electronics Industry Highlights

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 de...

The global  consumer electronic sensors market  is expected to reach USD 34.57 billion by 2022, according to a new study by Grand View Research, Inc. Increasing Proliferation of smartphones and tablets on a global level is expected to drive demand over the forecast period. Preference for smart devices and increasing disposable income may further fuel the consumer electronic sensors market. High performance cameras in high-end smartphones along with newer applications such as restore recognition, 3D mapping, eye tracking, etc. is expected to favor revenue growth. Germany consumer electronic sensors market by application, 2012 - 2022 (USD Million) Increasing trend of two cameras per device and need for high-end cameras in gaming consoles has added to product demand. Surveillance applications are also expected to show growth opportunities owing to increasing implementation worldwide in traffic management. Increased R&D has enabled cheaper, miniaturized, and efficient ...

The global  image sensor market  is anticipated to reach USD 26.41 billion by 2024, according to a new report by Grand View Research, Inc. The industry is poised for an unprecedented growth over the forecast period owing to the rising expenditure on security & surveillance in public places across regions and increasing disposable income across the emerging and developing economies. The impact of information technology in the automotive, defense, medical, and industrial application has driven the demand for image sensors over the projected period. Global Image Sensor Market, 2014 - 2024 (USD Million) Increasing adoption of technologies for improving anti-terror equipments mitigating the security lapses has demanded for better camera resolution, which has further enhanced the market growth. The IP cameras are expected to have a significant growth over the forecast period as compared to analog cameras, which is due to higher resolution, secure transmission, ability to...