Monday, 30 November 2015

Virtual Reality In Gaming Market Share, Analysis, Trends To 2022 by Grand View Research, Inc.



The global virtual reality in gaming market size is expected to reach USD 9.55 billion by 2022, according to a new report by Grand View Research, Inc. Increasing disposable income and changing lifestyle are expected to drive virtual reality in gaming industry growth over the forecast period. Rising investments by tech giants in such advanced state-of-the-art technology has led to increased popularity for VR.
The gaming world has incorporated advanced technology more rapidly than other entertainment industries. Virtual reality creates a simulated environment using VR hardware and software, and provides an experience of real-life game play environment to the user. Virtual reality is primarily experienced through sound and sight. It involves the use of data suits, VR headsets, and earphones that are fitted with sensors. Virtual reality can be divided into simulation of real environment for education and training and the development of an imagined environment for a story or a game.
VR goggles and headsets form a major part of the setup and offer potential opportunity for the industry participants. Manufacturers are increasingly focusing on developing devices that are lighter, smaller, more comfortable, and available at affordable prices.
Further key findings from the report suggest:
  • The VR hardware component segment accounted for over 55% of the revenue share in 2014 and is expected to maintain steady growth on account of technological advancements and increased awareness of such advanced game technology. It requires VR hardware, such as head mounted displays, motion tracker, to simulate user and provide real environment while playing VR games. Game companies have made substantial investments in virtual reality hardware. Additionally, there is a significant rise in the development of software applications and games among developers and publishers of VR gaming consoles.
  • VR gaming industry is broadly comprised of Xbox by Microsoft, PlayStation by Sony, the Nintendo Wii game console, and personal computers & MAC systems. With the introduction of its latest PlayStation 4 and the dedicated VR console and headset, Project Morpheus, now known as PS VR, Sony PlayStations are expected to dominate the market accounting for over 30% of the revenue share over the forecast period. However, the release of Kinect for Xbox 360 by Microsoft to counter Sony’s high penetration rate in the industry is expected to lead the company to regain the market share in the virtual reality in gaming market.
  • Asia Pacific virtual reality in gaming market is expected to grow at a CAGR of over 25% over the forecast period on account of increasing youth population backed by sufficient buying power, especially in China, India, and South East Asian countries. The presence of game console giants such as Sony and Nintendo is expected to make the Asia Pacific region the most lucrative market for VR gaming consoles. North America is home to several major game developer companies including Activision, Electronic Arts Inc., and Take-Two Interactive Software Inc. making the region one of the largest producers of game titles globally.
  • Major companies operating in the virtual reality in gaming market are engaged in developing such hardware and game stations with better functionalities and connectivity. Key companies include Activision Publication, Electronic Arts, Kaneva, Linden Lab, Microsoft, Nintendo, Oculus VR, Sega, and Sony. Oculus VR has developed VR headgear in collaboration with Samsung that can be used with its smartphones utilizing its hardware capabilities and transforming them into a portable next-generation virtual reality system. Sony has established its dominance in the gaming industry and has a strong distribution network across the globe. The company also pr
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the global virtual reality in gaming market on the basis of component, console type, and region:
Virtual Reality in Gaming Component Outlook (Revenue, USD Billion, 2012 – 2022)
  • Hardware
  • Software
Virtual Reality in Gaming Console Type Outlook (Revenue, USD Billion, 2012 – 2022)
  • MAC/PC
  • Xbox
  • PlayStation
  • Nintendo Wii
Virtual Reality in Gaming Regional Outlook (Revenue, USD Billion, 2012 – 2022)
  • 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                          
Blog Site: http://www.divog.org/


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Thursday, 26 November 2015

Bearings Market Forecast Report To 2020: Grand View Research, Inc.



The Global Bearings Market is expected to reach USD 117.27 billion by 2020, according to a new study by Grand View Research, Inc. Growing need to address energy efficiency in several application areas is expected to drive the bearings market. Technological advancements along with investments in R&D activities are also expected to drive market demand over the forecast period. Development of seal technologies, light weight elements in high performance bearings and lubrication technologies offer several market growth opportunities. The aforementioned technologies exhibit high energy efficiency characteristics. Bearings help reduce energy consumption by reducing friction between several mechanical components in a wide range of industrial equipments and machinery. For example, the new E2 bearings developed by SKF are reported to help reduce friction significantly. 
Increasing bearings demand across railway and aerospace applications offer significant avenues for market growth. Surging demand for bearings and other precision components used in aircraft engines is also expected to favorably impact market growth over the next few years. Innovative material technologies and high bearing performance play an important role in aero-engine bearing developments.
 Further key findings from the study suggest:
  • Ball bearings are expected to emerge as a high growth segment over the next few years as it exhibits the capability to reduce friction owing to smaller surface contact. Furthermore, ball bearings can be used with thrust as well as radial loading owing to their ability to spin smoothly. Deep groove bearings are simple in design, non-separable and need low maintenance owing to which the segment is expected to witness considerable growth over the next few years.
  • Growing demand for auto components and automobiles is expected to fuel market demand over the forecast period. The railway & aerospace sector is also expected to witness rapid growth over the next six years. Rise in the number of commuters using public transportation is expected to be the key market driver. Further, availability of improved ways to assist local as well as worldwide transportation systems also provide opportunities for market growth.
  • Asia Pacific emerged as the dominant regional market in 2013; infrastructure development and rapid industrialization are expected to drive the regional market growth over the forecast period.
  • Key market players include NTN Corporation, Schaeffler Group, SKF, NSK Global, Timken and JTEKT. Manufacturers focus on providing specialized bearings often tailored to customer specification or application requirements. The process of product development relies heavily on the end-market.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/automotive-and-transportation
For the purpose of this study, Grand View Research has segmented the global bearings market on the basis of product, application and region:
Bearings Product Outlook (Revenue, USD Million, 2012 – 2020)
  • Ball bearings
  • Roller bearings
  • Others
Bearings Application Outlook (Revenue, USD Million, 2012 – 2020)
  • Automotive
  • Agriculture
  • Electrical
  • Mining & Construction
  • Railway & Aerospace
  • Others
Bearings Regional Outlook (Revenue, USD Million, 2012 – 2020)
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
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                          
Blog Site: http://www.divog.org/


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Automotive Collision Repair Market Analysis, Size, Segment To 2020 by Grand View Research, Inc.



The global Automotive Collision Repair Market is expected to reach USD 196.97 billion by 2020, according to a new study by Grand View Research, Inc. Advancements in insurance, claims, and the automotive aftermarket, have led to the development of new modern processes and repair techniques, which have considerably widened the scope across commercial and passenger vehicle categories. Unorganized and untapped automotive collision repair market in the Asia Pacific region poses as a major opportunity for key automotive collision repair vendors.
Advancements in insurance and automotive collision repair technologies have been influential in the strategic reorganization of the manner in which automobile accidents and damage claims are handled. Shared and standard guidelines along with electronic appraisal reviews provide enough information to the business partners to fulfill work in a transparent, compliant, and efficient manner. Moreover, organizations such as the U.S. National Automotive Service Task Force (NASTF) that has established a Collision Repair Committee (CRC) helps identify, address, and resolve the service/repair gaps to help collision repair centers perform satisfactorily complete and safe automotive collision repair for vehicle owners.

Global automotive collision market by vehicle type, (USD Billion), 2012 - 2020
automotive-collision-repair-market 

Further key findings from the study suggest:
  • Clear coatings, paints, and other consumables such as spares and other auto components are extensively used in the automotive collision repair market. Paints and coatings are used to cover up dents and scratches in the case of automotive body damage. Automotive collision repair centers across the globe procure recycled and refurbished spare parts from used and salvage cars to lower the production costs. This has led to an increased demand for recycled and reconditioned auto components and spare parts across the industry and is estimated to have a major impact on the global automotive collision repair market.
  • Aged fleets of automobiles and the exponentially increasing number of vehicles on the roads are the major factors that are expected to drive the global automotive collision repair market. Automotive manufacturers from countries in the Asia Pacific region such as India and China are observed to be cutting down largely on the safety equipment and external body parts making it prone to easy damage. In addition, Asia Pacific region has highly unorganized collision repair market, providing opportunities for the global player to foster the untapped market.
  • Key market players in the automotive collision repair market include Federal-Mogul Holdings, Continental Corporation, DENSO Corporation, Bosch, DuPont, and 3M. The industry witnesses frequent mergers and acquisitions in order to expand their global reach and a subsequent increased share in the automotive collision repair market.
  • Intelligent diagnostics modules and advanced automotive telematics keep track of the real time data for vehicles and sync it with the company clouds. Such advanced techniques give the company-owned repair centers an edge over other independent collision repair centers owing to their knowledge of the vehicle life history. Automotive collision repair centers provide customers updates about the status of the repair or the repair production stages via a smart mobile device, making it convenient for the customers to pick up their vehicles when ready. This results in the overall enhancement of customer experience resulting in their loyalty in the long-run.
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/automotive-and-transportation
For the purpose of this study, Grand View Research has segmented the global automotive collision repair market on the basis of product, vehicle type, and region:
Automotive Collision Repair Product Outlook (Revenue, USD Billion; 2012 – 2020)
  • Coatings & Paints
  • Consumables
Automotive Collision Repair Vehicle Type Outlook (Revenue, USD Billion; 2012 – 2020)
  • Light duty vehicles
  • Heavy duty vehicles
Automotive Collision Repair Regional Outlook (Revenue, USD Billion; 2012 – 2020)
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
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                          
Blog Site: http://www.divog.org/


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