Monday 30 November 2015

Portable Oil-Free Air Compressor Market Analysis, Size, Segment To 2022 by Grand View Research, Inc.



The portable oil-free air compressor market is expected to reach USD 8.54 billion by 2022, according to a new study by Grand View Research, Inc. Emergence of next-generation compressed air systems, which offer enhanced reliability and energy-efficiency is expected to drive demand over the forecast period.
Growing demand for oil-free air in purity critical applications and focus on complying with environmental regulations is estimated to fuel growth over the forecast period. Companies introducing smart compressor solutions are projected to offer lucrative opportunities for industry growth. Factors such as lower installation and maintenance cost are expected to positively impact demand.
Increasing end-user demand for enhanced air quality and reliability is projected to stimulate portable oil-free air compressor market demand. However, increasing cost of raw material can act as a challenge for the industry.

 U.S. Portable oil-free air compressor market share by technology, 2012 – 2022 (USD Million)
U.S. Portable oil-free air compressor market

Further key findings from the study suggest:
  • Rotary air compressor market accounted for over 45% of the overall revenue in 2014. They have increasingly gained popularity and are widely used in various industries. They are most generally used in sizes from about 30 hp to 200 hp. Additionally, these compressor have low initial cost and weight, compact size, and are easy to maintain.
  • Manufacturing segment is estimated to exhibit substantial growth, at a CAGR of over 3.0% from 2015 to 2022. These products are critical across the manufacturing sector as they eliminate contamination in painting and surface preparation process, helping to ensure high-quality assembly. They avoid production stoppages and replacements caused due to sludge and oil hampering the robotic operation, and help manufacturers maintain high paint quality by preventing water-based paints to come in contact with the silicones found in oil.
  • Europe portable oil-free air compressor market dominated global revenue in 2014, and is expected to grow at a CAGR of over 7% from 2015 to 2022. Increasing investments in Eastern Europe combined with volatile energy pricing and regulations is estimated to offer lucrative opportunities for the industry growth across this region.
  • Portable oil-free air compressor market share is occupied by companies such as Atlas Copco, Ingersoll Rand, General Electric, Chicago Pneumatic, and Bauer Group. Large manufacturing companies use these products to supply large amount of moderate-pressure air to pneumatic tools.
Grand View Research has segmented the portable oil-free air compressor market on the basis of technology, application and region:
Portable Oil-Free Air Compressor Technology Outlook (Revenue, USD Million, 2012 – 2022)
  • Reciprocating
  • Rotary
  • Centrifugal
Portable Oil-Free Air Compressor Application Outlook (Revenue, USD Million, 2012 – 2022)
  • Semiconductors & Electronics
  • Food & Beverage
  • Healthcare
  • Home Appliances
  • Energy
  • Oil & Gas
  • Manufacturing
Portable Oil-Free Air Compressor Regional Outlook (Revenue, USD Million, 2012 – 2022)
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Smart Cities Market To 2020 – Industry Share, Regional Outlook, Application Analysis: Grand View Research, Inc.



Increasing urban population along with industrialization has positively impacted the smart cities market, according to a new study by Grand View Research, Inc. Integrated citywide solutions in order to address a range of issues such as public safety, street lighting, energy, water management and urban mobility are expected to be implemented within the forecast period. Growing range of suppliers and improved local economies are expected to favor the emerging needs for the market. Lack of investments in legacy systems, political and socio-economic factors could pose a challenge to market growth. Increasing need for electronic waste management due to proliferation of electronic components is a considerable opportunity for companies operating in the market.
Further key findings from the study suggest:
  • Smart security is expected to account for majority of the overall market share and remain the dominant segment up to 2020. This is mainly attributed to reduced third party misuse by imposition of high security requirements. Smart transportation is expected to minimize the economic burden of regulatory bodies by reducing fuel consumption and traveling delays.
  • North America is expected to continue being the largest regional market over the next six years. Expanding transportation sector, improvements in water infrastructure and increasing smart grid investments have spurred regional growth. Government regulations towards reducing carbon footprint by use of renewable resources are expected to drive the regional market. Asia Pacific is expected to witness high growth, mainly due to high residential development demand in China and India.
  • Key companies operating in the market include IBM, Alcatel-Lucent, Accenture, ABB, Cisco, Cubic, Honeywell and Oracle. Manufacturers in Asia Pacific have been focusing on investments in R&D activities in order to ensuring global presence and strengthen their distribution network.
For the purpose of this study, Grand View Research has segmented the global smart cities market on the basis of application and region:
Smart Cities Application Outlook (Revenue, USD Million, 2012 – 2020)
    • Smart Energy Management
    • Smart Security
    • Smart Transportation
    • Industrial Automation
    • Smart Healthcare
    • Smart Buildings
    • Smart Homes
    • Others
Smart Cities Regional Outlook (Revenue, USD Million, 2012 – 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Smart Thermostats Market Analysis, Size, Segment To 2022 by Grand View Research, Inc.



The global smart thermostat market is expected to reach USD 2.21 billion by 2022, according to a new study by Grand View Research, Inc. These devices allow users to remotely manage their heating and air conditioning systems using wireless connectivity and mobile apps. They form an important part of smart homes and have gained immense demand from residences in developed regions such as North America and Europe.
The smart thermostat market is expected to witness growth since they display energy consumption in real-time and are able to adjust itself based on ambient conditions automatically. They can connect to the internet and offer analytics and performance measurement tools through web portals. Such devices are packed with technologies such as ZigBee or Wi-Fi and form a part of the home automation ecosystem.
Energy and utility retailers also play a vital role in bringing devices into households. May utilities are offering these products as a part of their home energy management schemes. Involvement of energy retailers heightens the potential for smart thermostat industry growth. At the same time, proliferation of mobile phones and its convergence with thermostats is makes these products much more attractive for end-users.
Growing penetration of smartphones, rising energy costs, need for effective energy management solutions and favorable regulatory scenario are expected to propel growth over the coming years. However, high cost of devices and data security concerns may restrain the smart thermostat market. Increased penetration of Near Field Communication (NFC) and ZigBee home automation devices is expected to augment demand.
Further key findings from the study suggest:
  • The smart thermostat market primarily includes technology such as Wi-Fi, ZigBee and other technologies including NFC, Bluetooth, and Ethernet. ZigBee-enabled devices are expected to gain significant share as consumers shift towards home automation devices.
  • North American and European smart thermostat market accounted for about 90% of the overall market in 2014 owing to high demand for such devices in the region and favorable government mandates. Surge in new construction activity and growing popularity of smart homes is expected to spur demand.
  • Key players include Honeywell, Google Nest and Ecobee; and together they accounted for over 40% of the overall smart thermostat market share in 2014. Companies have been focusing on development and launching of new products, as well as upgrading the existing product portfolio. Agreements and collaborations are also practiced for gaining strategic advantage. Competition in the industry is intensifying rapidly owing to high interest levels among customers piqued by arrival of new and creative products.
Grand View Research has segmented the smart thermostat market on the basis of technology and region:
Smart Thermostat Technology Outlook (Revenue, USD Million, 2012 – 2022)
  • Wi-Fi
  • ZigBee
  • Others
Smart Thermostat Regional Outlook (Revenue, USD Million, 2012 – 2022)
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • ANZ
  • Latin America
  • MEA
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Smartwatches Market Hits USD 19.62 Billion By 2020: Grand View Research, Inc.



The global smartwatches market is expected to reach USD 19.62 billion by 2020, according to a new study by Grand View Research, Inc. Growing companion device demand is expected to give impetus to demand for smartwatches. Increasing percentage of health/fitness conscious population has resulted in high demand for wearable fitness monitoring and tracking devices, including smartwatches.
The number of industry participants is expected to increase manifold over the next six years. In addition to startups, the expected entry of established companies is estimated to significantly fuel market growth. Ensuring usability and visual appeal is a critical factor for enabling product adoption on a global level. Furthermore, managing the tradeoff between battery life and performance is critical for profitability.
Further Key findings from the study suggest:
  • Global smartwatch shipments were close to 2 million units in 2013, and are expected to reach 135.3 million units by 2020, at a CAGR of 53.5% from 2014 to 2020.
  • High-end smartwatches accounted for approximately 90% of the global market in 2013. This segment is expected to lose market share to the mid-end and low-end segments over the forecast period. This can be attributed to the expected trend of decreasing selling prices with a growing number of manufacturers. Majority of consumers have been reluctant to invest in premium priced products on account of unclear benefits and lack of a value proposition.
  • North America accounted for the highest market share of 35% in 2013; this is mainly due to higher purchasing power as well as increasing demand for fitness tracking equipment. Asia Pacific is expected to be the fastest growing regional market over the next six years. The regional market is expected to be driven by high smartphone proliferation and usage of Internet services.
  • Industry participants include Samsung Electronics (Galaxy Gear), Pebble, Sony Corporation, Google Inc. and Qualcomm Inc. among others. R&D activities to drive innovation have been the key growth strategy for these companies. Established companies are expected to benefit from growing smartwatches demand, and drive revenue generation over the forecast period.
For the purpose of this study, Grand View Research has segmented the global smartwatches market on the basis of price segment and region:
Smartwatches Price Segment Outlook (Volume, Million Units and Revenue, USD Million; 2012 – 2020)
            • High-end
            • Mid-end
            • Low-end
Smartwatches Regional Outlook (Volume, Million Units and Revenue, USD Million; 2012 – 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research