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Showing posts from December, 2018

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...