Circuit Breaker & Fuse Market Worth USD 18.92 Billion By 2022: Grand View Research, Inc.

The global circuit breaker and fuse market is expected to reach USD 18.92 billion by 2022, according to a new report by Grand View Research, Inc. Replacement of electromechanical and mechanical devices with electronic equipment is expected to drive demand in manufacturing and industrial sector.

Increasing construction and infrastructure activities using different components in residential and commercial projects such as MCBs, protective relays, air and gas circuit breakers is expected to boost demand.

Technological advancements such as emergence of generator circuit breakers in natural gas power plants are further expected to boost the demand. Moreover, significant investment transmission grid has surpassed the need of replacing worn out energy infrastructure which is expected to provide significant opportunities for the circuit breaker and fuse industry.

Growing focus on increasing the functionality of power system apparatus to facilitate better system asset management and improve electrical power quality is expected to drive the market over the next seven years. However, high cost of raw materials such as gold and silver used for component wiring are expected to hamper growth.

Asia Pacific circuit breaker and fuse market by application, 2012-2022, (USD Million)

circuit-breaker-and-fuse-market.png

Browse full research report on Circuit Breaker & Fuse Market: http://www.grandviewresearch.com/industry-analysis/circuit-breaker-and-fuse-market

Further Key Findings From the Study Suggest:

  • Low voltage circuit breaker market accounted for over 35% of the overall share in 2014. These are generally used in industrial, commercial and domestic applications. They are rated less than 1000 VAC or 1500 V DC and are primarily used for DC applications.
  • The vacuum technology segment accounted for over 25% of the overall industry in 2014 and is expected to increase over the next seven years. This growth can be attributed to features such as less power requirement for control mechanism and growing demand for small and cost competitive vacuum components.
  • SF6 segment is expected to grow at a CAGR of 7.8% from 2015 to 2022. Low electromagnetic emissions and low noise levels make them suitable for residential areas. SF6 products are suitable for harsh environments such as offshore oil platforms, high altitude locations which may also boost sales for these products.
  • Low voltage fuse market is expected to grow at a CAGR of over 4.5% from 2014 to 2022. Growing demand in automotive applications for auto-recloser breakers is gaining prominence.
  • Power generation application segment accounted for over 20% of the revenue in 2014. It is projected to maintain its dominance during the forecast period primarily due to a rapid increase in installation of smart grids.
  • Asia Pacific circuit breaker and fuse market is expected to witness significant growth over the forecast period. It accounted for over 30% of the industry share in 2014 and is estimated to exhibit high growth prospects over the next seven years.
  • Notable companies dominating the industry include ABB Ltd, GE, Schneider Electric, Mitsubishi Electric, and Eaton Corporation. Several legal and regulatory frameworks are anticipated to positively impact the competition.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-circuit-breaker-fuse-market                                                                                  

About Grand View Research, Inc:

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.

For more information: http://www.grandviewresearch.com

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Power Transformer Market Driven By Huge Investment In Power Plant Infrastructure Till 2020: Grand View Research, Inc.

The global power transformer market size is expected to reach USD 28.22 billion by 2020, according to a new report by Grand View Research, Inc. Emerging technological advancements along with rising electricity consumption are projected to elevate industry growth over the next five years. Huge investment in power plant infrastructure coupled with increasing demand for smart meters is projected to positively impact demand. Further, several government initiatives for modernizing the existing grids combined with installation of technologically advanced systems is anticipated to drive power transformer market growth.

Increasing awareness regarding low carbon emission due to service expansions in resource-based industries is anticipated to offer prominent growth opportunities for the industry. Advanced features offered by eco-friendly devices are projected to replace traditional transformers, which are not compatible with current technical and environmental requirements. However, pricing pressure on manufacturing companies coupled with fluctuating raw material prices are expected to hamper growth.

North America power transformer market, 2012 – 2020 (USD Billion)

power-transformers-market

Browse full research report on Power Transformer Market: http://www.grandviewresearch.com/industry-analysis/power-transformers-market

The power transformer market can be classified on the basis of products into 100 MVA to 500 MVA, 501 MVA to 800 MVA, and 801 MVA to 1200 MVA. Increased usage of 100 MVA to 500 MVA products in transmission and distribution network for step-up and step-down application is expected to drive global demand. High capacity product demand in the Middle East and Asia Pacific is estimated to drive revenue.

Asia Pacific is expected to dominate the industry owing to factors such as economic, industrial and social development in the countries such as China and India. Asia Pacific power transformer market is anticipated to grow at a CAGR of over 6.0% from 2014 to 2020. Replacement of aging power infrastructure in North America and Europe is estimated to boost volume sales in these regions. Further, various initiatives undertaken by European nations in order to deploy green transformers are projected to positively impact demand.

Notable players in the industry include GE Co., Alstom SA, Crompton Greaves Ltd, Toshiba Corp., Siemens AG, ABB Ltd, Hyundai Heavy Industries Co. China XD Electric, TBA Co Ltd, and Mitsubishi Electric Co. Companies operating in

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-power-transformers-market                                              

About Grand View Research, Inc:

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.

For more information: http://www.grandviewresearch.com

 

Mobile Robotics Market Is Anticipated To Grow Due To Technological Advancements In Robotics Till 2020: Grand View Research, Inc.

According to a new study by Grand View Research, Inc., global Mobile Robotics Market growth can be attributed to increased adoption in military & defense applications. Commercialization of automated cars due to technological advancement in mobile robotics is expected to drive the market over the next six years. Favorable regulatory scenario, including funds and grants for promoting the robotics industry is also expected to positively impact the global market.

Availability of open source platforms coupled with reduction in sensor and camera prices is expected to propel demand for domestic mobile robots such as vacuum cleaners and lawn mowers. Scarcity of experts equipped with the skill sets required for R&D may pose a challenge to mobile robotics market growth. Relatively low market penetration coupled with growing demand from end-use industries is expected to be a growth opportunity for key industry participants.

Browse full research report on Mobile Robotics Market

Further key findings from the report suggest:

  • Unmanned Ground Vehicles (UGVs) are expected to be the most dominant segment over the next six years due to a plethora of mobile robotics opportunities in military and defense. UAVs have considerable growth potential owing to their capability to cater to diverse applications such as surveying, wildlife research, mapping, security, and defense.
  • The mobile robotics market for service applications is expected to witness high growth over the forecast period. Professional robots dominated the overall service robotics market, with a large number of applications in defense and agricultural applications. Increasing use in personal assistance and for medical purposes, such as in drug delivery, is expected to be favorable for the personal robotics market. In the industrial segment, warehousing & distribution is expected to remain the key market; other applications mainly include painting, coating, and inspection.
  • Asia Pacific was the dominant regional market in 2013; it is further expected to continue being the market leader over the next six years. Increased adoption of mobile robots in industrial, agricultural, and medical applications has driven regional mobile robotics market growth. Growing domestic robots demand is expected to be the key driving force for the North America market.
  • Leading mobile robotics market players have strived to develop robots capable of delivering and sustaining in challenging environments. There has been an increased emphasis on developing mobile-based applications to control unmanned vehicles. The industry is characterized by notable mergers and acquisitions; for instance, Adept Technology’s acquisition of MobileRobotics Inc.

About Grand View Research, Inc:

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.

For more information: http://www.grandviewresearch.com

Hermetic Packaging Market Is Projected To Grow At A CAGR 6.6% CAGR from 2014 to 2025: Grand View Research, Inc.

The global hermetic packaging market is expected to reach USD 5.03 billion by 2025, according to a new report by Grand View Research, Inc. Utilization of hermetic packages is expected to grow significantly as a result of increasing application scope from healthcare and aeronautics & space application.

The capability of the product to protect electronic components from temperature, pressure, and liquids is expected to drive the market over the forecast period. The telecom industry utilizes fragile & complex materials in various applications such as trunk lines and metros which require efficient packaging, thereby augmenting the demand.

Central & South America accounted for a share of over 5.0% in 2016 Growing population and rising consumer willingness to spend is expected to increase the demand for electronic devices, thereby having a positive impact on the hermetic packaging industry. In addition, high military expenditure of USD 24.6 billion by Brazil in 2015 is likely to drive the market growth further.

U.S. hermetic packaging market revenue, by product, 2014 – 2025 (USD Million)

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Browse full research report on Hermetic Packaging Market

Further key findings from the report suggest:

  • Reed glass segment accounted for a market share of over 7.0% in 2016 due to increasing utilization in reed switches in automobile and aeronautics & space
  • Aeronautics & space application is expected to witness significant growth due to increasing investment in space research across various regions
  • Healthcare application accounted for a share of over 10.0% in 2016 as a result of increasing usage of hermetically packed medical implants such as pacemakers and monitoring devices
  • Middle East & Africa is anticipated to grow at a CAGR of over 5.0% from 2017 to 2025 on account of increasing global tension, which is fueling the defense expenditure, particularly in Saudi Arabia and UAE
  • Hermetic packaging market is characterized by presence of large number of players and extensive R&D in order to develop efficient products. Material technology is also expected to play a major role in development of the market over the forecast period.
  • In February 2017, Amkor acquired Nanium S.A, a semiconductor packaging, assembly, and testing company. The acquisition supported Amkor to strengthen its business position in wafer level packaging of electronics. In May 2017, Kyocera launched ceramic based RFID package with an embedded antenna which strengthened the company’s business position in the hermetic packaging sector.

 For more information: http://www.grandviewresearch.com

 

Automotive Relay Market Is Predicted To Reach USD 12.58 Billion by 2020: By Grand View Research, Inc.

The Global Automotive Relay Market is expected to reach USD 12.58 billion by 2020, according to a new study by Grand View Research, Inc. Electrical automotive parts have significantly diversified over the last five years which has consequently increased the number of switching relays from 20 to approximately 30 per vehicle. Variation in features required for each relay has also undergone considerable transition to address different specifications required for different applications.

Regulatory boards worldwide, for instance The National Highway Traffic Safety Administration in the U.S., have mandated installation of certain safety equipment in automobiles to curb fatalities resulting from road accidents. Additional relays needed for switching safety devices is expected to favorably impact automotive relay market growth.

Lack of standardization in the automotive industry, particularly in developing countries is expected to pose a challenge to market growth. However, efforts have been taken on a global scale to standardize the automotive industry, owing to which the market is not expected to be impacted in the long run.

Browse full research report on Automotive Relay Market: http://www.grandviewresearch.com/industry-analysis/automotive-relay-market

Further key findings from the study suggest:

  • Global automotive relay demand was estimated to be 2.62 billion units in 2013 and is expected to reach 3.69 billion units by 2020, growing at a CAGR of 5.1% from 2014 to 2020.
  • Increased emphasis on automobile weight reduction to enhance fuel efficiency has driven PCB automotive relays demand owing to their growing miniaturization and improved current handling capabilities. PCB relays accounted for over 70% of the global shipments. Conventional plug-in relays are still preferred in powertrain systems due to their inherent robustness and ability to withstand high temperatures, voltage fluctuations and vibrations.
  • Convenience applications accounted for over 30% of the market volume in 2013. Growing emphasis on in-vehicle entertainment and comfort systems has triggered the use of relays for switching these devices. Installation of safety & security systems is expected to witness high growth over the forecast period owing to increased government regulation pertaining to vehicular safety, which in-turn is expected to drive relay installations. Use of relays in driver information systems is expected to increase significantly over the forecast period.
  • Transformation of Asia Pacific into an automobile manufacturing hub has driven the automotive relay market in this region, which contributed to a considerable percentage of global shipments in 2013. The North American market is expected to witness steady growth over the forecast period.
  • PCB relay manufacturers have tapped new potential markets and launched new product lines in order to diversify. Growing number of strategic alliances and mergers & acquisitions for gaining competitive advantage has been a highlight of the automotive relay industry.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/semiconductors

For the purpose of this study, Grand View Research has segmented the global automotive relay market on the basis of product, application, and region:

Automotive Relay Product Outlook (Volume, Million Units & Revenue, USD Million; 2012 – 2020)
• PCB relay
• Plug-in relay
Automotive Relay Application Outlook (Volume, Million Units & Revenue, USD Million; 2012 – 2020)
• Powertrain Systems
• Body & Chassis
• Convenience
• Safety & Security
• Driver Information Systems
Automotive Relay Regional Outlook (Volume, Million Units & Revenue, USD Million; 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-automotive-relay-market                         

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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Hermetic Packaging Market Is Projected To Grow At A CAGR Of 6.6% from 2014 to 2025: Grand View Research, Inc.

The global hermetic packaging market is expected to reach USD 5.03 billion by 2025, according to a new report by Grand View Research, Inc. Utilization of hermetic packages is expected to grow significantly as a result of increasing application scope from healthcare and aeronautics & space application.

The capability of the product to protect electronic components from temperature, pressure, and liquids is expected to drive the market over the forecast period. The telecom industry utilizes fragile & complex materials in various applications such as trunk lines and metros which require efficient packaging, thereby augmenting the demand.

Central & South America accounted for a share of over 5.0% in 2016 Growing population and rising consumer willingness to spend is expected to increase the demand for electronic devices, thereby having a positive impact on the hermetic packaging industry. In addition, high military expenditure of USD 24.6 billion by Brazil in 2015 is likely to drive the market growth further.

Browse full research report on Hermetic Packaging Market: http://www.grandviewresearch.com/industry-analysis/hermetic-packaging-market

Further key findings from the report suggest:

  • Reed glass segment accounted for a market share of over 7.0% in 2016 due to increasing utilization in reed switches in automobile and aeronautics & space
  • Aeronautics & space application is expected to witness significant growth due to increasing investment in space research across various regions
  • Healthcare application accounted for a share of over 10.0% in 2016 as a result of increasing usage of hermetically packed medical implants such as pacemakers and monitoring devices
  • Middle East & Africa is anticipated to grow at a CAGR of over 5.0% from 2017 to 2025 on account of increasing global tension, which is fueling the defense expenditure, particularly in Saudi Arabia and UAE
  • Hermetic packaging market is characterized by presence of large number of players and extensive R&D in order to develop efficient products. Material technology is also expected to play a major role in development of the market over the forecast period.
  • In February 2017, Amkor acquired Nanium S.A, a semiconductor packaging, assembly, and testing company. The acquisition supported Amkor to strengthen its business position in wafer level packaging of electronics. In May 2017, Kyocera launched ceramic based RFID package with an embedded antenna which strengthened the company’s business position in the hermetic packaging sector.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/semiconductors

Grand View Research has segmented the global hermetic packaging market on the basis of product, application, and region:

Hermetic Packaging Product Outlook (USD Million, 2014 – 2025)

  • Ceramic to Metal Sealing
  • Glass to Metal Sealing
  • Transponder Glass
  • Reed Glass
  • Passivation Glass

Hermetic Packaging Application Outlook (USD Million, 2014 – 2025)

  • Aeronautics & Space
  • Military & Defense
  • Automotive
  • Healthcare
  • Telecom
  • Others

Hermetic Packaging Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
  • Europe
    • Germany
    • France
  • Asia Pacific
    • China
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-hermetic-packaging-market                   

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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Mobile Robotics Market Will Witness Growth Based On Commercialization Of Automated Cars Till 2020:Grand View Research,inc.

According to a new study by Grand View Research, Inc., global mobile robotics market growth can be attributed to increased adoption in military & defense applications. Commercialization of automated cars due to technological advancement in mobile robotics is expected to drive the market over the next six years. Favorable regulatory scenario, including funds and grants for promoting the robotics industry is also expected to positively impact the global market.

Availability of open source platforms coupled with reduction in sensor and camera prices is expected to propel demand for domestic mobile robots such as vacuum cleaners and lawn mowers. Scarcity of experts equipped with the skill sets required for R&D may pose a challenge to mobile robotics market growth. Relatively low market penetration coupled with growing demand from end-use industries is expected to be a growth opportunity for key industry participants.

Browse full research report on Mobile Robotics Market: http://www.grandviewresearch.com/industry-analysis/mobile-robotics-market

Further key findings from the study suggest:

  • Unmanned Ground Vehicles (UGVs) are expected to be the most dominant segment over the next six years due to a plethora of mobile robotics opportunities in military and defense. UAVs have considerable growth potential owing to their capability to cater to diverse applications such as surveying, wildlife research, mapping, security, and defense.
  • The mobile robotics market for service applications is expected to witness high growth over the forecast period. Professional robots dominated the overall service robotics market, with a large number of applications in defense and agricultural applications. Increasing use in personal assistance and for medical purposes, such as in drug delivery, is expected to be favorable for the personal robotics market. In the industrial segment, warehousing & distribution is expected to remain the key market; other applications mainly include painting, coating, and inspection.
  • Asia Pacific was the dominant regional market in 2013; it is further expected to continue being the market leader over the next six years. Increased adoption of mobile robots in industrial, agricultural, and medical applications has driven regional mobile robotics market growth. Growing domestic robots demand is expected to be the key driving force for the North America market.
  • Leading mobile robotics market players have strived to develop robots capable of delivering and sustaining in challenging environments. There has been an increased emphasis on developing mobile-based applications to control unmanned vehicles. The industry is characterized by notable mergers and acquisitions; for instance, Adept Technology’s acquisition of MobileRobotics Inc.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/semiconductors

Grand View Research has segmented the global mobile robotics market on the basis of product, application and region:

Mobile Robotics Product Outlook (Revenue, 2012 – 2020)
• Unmanned Ground Vehicles (UGVs)
• Unmanned Aerial Vehicles (UAVs)
• Unmanned Surface Vehicles (USVs)
• Autonomous Underwater Vehicles (AUVs)
Mobile Robotics Application Outlook (Revenue, 2012 – 2020)
• Industrial
• Service
Mobile Robotics Regional Outlook (Revenue, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW     

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-mobile-robotics-market                 

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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com