SAN FRANCISCO, CA — (Marketwired) — 01/18/16 — The global size is expected to reach USD 24.71 billion by 2022, according to a new study by Grand View Research, Inc.Increasing grid deployment is expected to favorably impact market growth. Demand response plays an important role in electric grid operation by reducing electricity usage during peak hours.Introduction of grid technologies is expected to open avenues for the traditional energy infrastructure vendors. Smart grids when coupled with
SAN FRANCISCO, CA — (Marketwired) — 12/30/15 — Global is expected to reach USD 4,866 million by 2022, according to a new study by Grand View Research, Inc. Major factors facilitating its growth include increasing usage of RFID technologies pertaining to product & patient tracking and technological advancement such as the development of novel products which include Smart Face Technology & TexTrace RFID tag.Furthermore, improvements pertaining to efficiency of supply chain and invento
SAN FRANCISCO, CA — (Marketwired) — 12/28/15 — The is anticipated to reach USD 217.4 million by 2022, according to a new study by Grand View Research, Inc. The regional industry is characterized by vast investment in the power sector due to rising electricity demand across the residential and commercial areas.The industry is expected to witness rise in demand in commercial and light industrial applications over the forecast period. Increasing need for efficient low voltage outdoor electrici
SAN FRANCISCO, CA — (Marketwired) — 12/15/15 — The 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
SAN FRANCISCO, CA — (Marketwired) — 12/14/15 — The global is expected to reach USD 24.92 billion by 2022, according to a new study by Grand View Research, Inc. Rising demand for automated wireless communication devices along with growing security standards are estimated to drive the industry.Enhanced security standards for safer online, and physical financial transactions has led to a significant rise in use of these services. Further, continuation of strict security standards and safer mod
SAN FRANCISCO, CA — (Marketwired) — 12/10/15 — Global size is expected to reach nearly USD 10.85 billion by 2022, according to a new report by Grand View Research, Inc. Key factors attributing to the growth of the market include the increasing incidences of cyber attacks for misuse of electronic patient health records (E-PHR), social security records, IP theft, and others.Cyber attacks are constantly increasing across the globe. On previous encounters it was witnessed that cyber attacks wer
SAN FRANCISCO, CA — (Marketwired) — 10/28/15 — The global size is expected to reach USD 12.03 billion by 2020, growing at a CAGR of 4.6% from 2014 to 2020. Technological advancements such as Backside Illumination (BSI) technique to improve picture quality are expected to fuel revenue growth over the forecast period.The light falls on the back of the chip to reduce loss and, thus, reduce the noise interference and increase picture quality. 3D motion and depth techniques are also expected to
SAN FRANCISCO, CA — (Marketwired) — 10/14/15 — The global size is expected to reach USD 61.78 billion by 2022, growing at a CAGR of 16.2% from 2015 to 2022, according to a new report by Grand View Research, Inc. Technological proliferation and the increasing demand for smartphones and tablet PC devices are expected to drive growth over the forecast period. Such increase in the demand for high definition smartphones is expected to drive the market for advanced CMOS and CCD technology-based d
SAN FRANCISCO, CA — (Marketwired) — 10/13/15 — The global 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
SAN FRANCISCO, CA — (Marketwired) — 09/29/15 — The global is expected to reach USD 838.85 billion by 2020, according to a new study by Grand View Research, Inc. Recent technological advancements have led to the miniaturization of smart devices, and are expected to be key factor driving the consumer electronics industry. High investment, availability of cost effective devices due to mass production, and a range of diverse applications are also expected to be the key growth drivers.Consumers