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Showing posts from November, 2018

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...

Industrial And Commercial LED Lighting Market Size To Reach $165.91 Billion By 2022 | Key Industry Players GE Lighting, Philips Electronics, Cree Inc

San Francisco, 1 November 2018 - The global  industrial and commercial LED lighting market  is expected to reach USD 165.91 billion by 2022, according to a new report by Grand View Research, Inc. High efficiency of LED lights combined with government regulations to ban incandescent lamps is estimated to drive demand over the forecast period. Increasing shift towards the implementation of cost effective systems is expected to proliferate demand. Concepts such as smart lighting which offer several benefits including comfort, safety and security are projected to offer lucrative growth opportunities for the industry. For instance, prevalence of various smart city schemes across the U.S. and Europe to reduce consumption of energy and peak power demand is estimated to positively impact sales. Stringent government regulations and ban on incandescent lamps and set up of minimum efficiency standards by various governments across the globe is further estimated to propel industria...