Commercial Refrigeration Equipment Market Size Is Expected To Reach USD 43.16 Billion By 2028: Grand View Research Inc.

San Francisco, 10 June 2021: The Report Commercial Refrigeration Equipment Market Size, Share & Trends Analysis Report By Product, By Application, By System Type (Self-contained, Remotely Operated), By Capacity, By Region, And Segment Forecasts, 2021 – 2028

The global commercial refrigeration equipment market size is estimated to reach USD 43.16 billion by 2028, registering an estimated CAGR of 4.2% from 2021 to 2028, according to a new report by Grand View Research, Inc. The increase in demand for frozen food items and the thriving hospitality and tourism industries are some of the factors driving the market growth.

The growing environmental concerns related to the emission of harmful refrigerants such as Chlorofluorocarbons (CFC) and Hydro-chlorofluorocarbons (HCFC) have led to the implementation of regulations favoring the use of efficient alternatives in commercial refrigeration equipment globally. Under its Clean Air Act, the U.S. Environment Protection Agency (EPA) has mandated the regularized use of low Global Warming Potential (GWP) refrigerants in the equipment for the commercial sector. Such regulations are encouraging commercial refrigerator manufacturers to seek low energy consuming refrigerants to minimize the adverse effect of Greenhouse Gas (GHG) emissions. For instance, in 2020, Hiber, a brand of Ali Group S.r.l. a Socio Unico, added bidirectional IoT connectivity integrated refrigeration cabinets optimized with self-learning systems for reducing energy consumption when the equipment is not in use.

In 2020, the COVID-19 catastrophe majorly disrupted the commercial foodservice industry and retail industries, adversely impacting the growth of the market for commercial refrigeration equipment. However, since December 2019, the research institutes and pharmaceutical companies have highly demanded and utilized vaccine storage refrigerators during their R&D processes to come up with a life-saving vaccine against the coronavirus. The commercial refrigeration equipment has witnessed a boom from the biotechnology and pharmaceutical industry owing to the formulation of the vaccine and later its rollout, and for successfully storing and transporting the vaccines at a global scale.

Access Research Report of Commercial Refrigeration Equipment Market @ https://www.grandviewresearch.com/industry-analysis/commercial-refrigeration-equipment-market

Commercial Refrigeration Equipment Market Report Highlights

• The refrigerators and freezers segment accounted for a revenue share of nearly 25.0% in 2020. The rising consumption of vaccine storage units during the COVID-19 pandemic in an attempt to conduct a successful immunization process is anticipated to contribute to the growth
• The U.S. has been the major contributor in the North America region with a revenue share of close to 80.0% in 2020
• By system type, the self-contained refrigeration equipment segment is expected to register a CAGR of nearly 5.0% from 2021 to 2028
• The 51 cu. Ft. – 100 cu. Ft. capacity segment accounted for the largest revenue share in 2020

List of Key Players of the Commercial Refrigeration Equipment Market

• AB Electrolux
• Ali S.p.A.
• Carrier
• DAIKIN Industries, Ltd.
• Dover Corporation

Access Press Release of Commercial Refrigeration Equipment Market @ https://www.grandviewresearch.com/press-release/global-commercial-refrigeration-equipment-market

4K Set-top Box Market Expected To Witness A Substantial Growth Of USD 7.18 Billion By 2024: Grand View Research Inc.

San Francisco, 10 Dec 2020: The Report 4K Set-top Box Market Size, Share & Trends Analysis Report By Product (Internet Protocol Television [IPTV], Satellite, Digital Terrestrial Television [DTT], Over The Top [OTT], Hybrid) and Segment Forecasts To 2024

The global 4K Set-top Box (STB) market size is projected to reach USD 7.18 billion by 2024, as per a new report by Grand View Research, Inc. The growing inclination of the global public towards ultra-high definition video viewing can be attributed as a major reason for the 4K STB market growth.

The demand for media-rich home entertainment services among consumers is increasing and is anticipated to fuel market growth. The growth is further fostered by favorable government initiatives, large-scale digitization programs, and mandatory installation of set top boxes. Improved standard of living owing to increased purchasing power is positively impacting the industry growth.

The initiatives undertaken by the Federal Communications Commission for supporting third party STB manufacturers is paving the way for the expansion of the Ultra High-Definition (UHD) STB industry. The market is anticipated to gain traction in Asia Pacific owing to the strong presence of low-cost set top box manufacturers, especially in countries such as Korea, Taiwan, and China.

The increasing penetration of 3D and 4K TVs and escalating demand for large screen displays are fueling the demand for Ultra High-Definition (UHD) STBs. Smart features such as STB operability through voice commands given by Remote Control Unit (RCU) is garnering high potential. The computational capabilities of STBs in combination with the advent of quality standards to satiate growing customer expectations have culminated in the STB market growth.

Access Research Report of 4K Set-top Box Market @ https://www.grandviewresearch.com/industry-analysis/4k-set-top-box-market

Further key findings from the report suggest:

• Internet Protocol Television (IPTV) 4K STBs accounted for over 20% of the market share in 2015 and are expected to witness considerable growth over the forecast period. Increasing broadband penetration can be attributed as the major reason for the rise in the market share of IPTV 4K Set-top Box devices. The IPTV set top box product segment is projected to gain traction owing to benefits such as integration of TV, PC, home phone, and wireless devices offering a high quality of viewing experience to the end-users.
• The Asia Pacific 4K STB market was valued at over just over USD 50 million in 2015 and is projected to witness high growth over the next eight years. India is poised to emerge as a lucrative market for UHD STBs with the country expected to witness a CAGR substantially higher than the regional average. Several DTH operators such as Tata Sky, Videocon, and Airtel have launched UHD STBs and are attempting to achieve a higher rural penetration with affordable regional packages.
• Key industry participants include ZTE Corporation, SAGEMCOM, Arion Technology, Roku Inc., and Infomir LLC. Manufacturers are emphasizing on UHD STBs incorporated with interactive 4K content to gain a competitive edge in the industry.
• Technology giants such as Apple Inc. have managed to make their mark in this competitive industry. The Apple TV device aids the streaming of (Over-The-Top) OTT content and other videos over the internet. The launch of advanced OTT devices such as Google Inc.’s Chromecast media streaming device and Amazon’s Fire TV STBs have opened up new avenues in the industry.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/digital-media

Grand View Research has segmented the global 4K Set-top Box (STB) market on the basis of product and region:

4K Set-top Box (STB) Product Outlook (Volume, Thousand Units; Revenue, USD Billion, 2013 – 2024)

• IPTV
• Satellite
• DTT
• OTT
• Hybrid

4KSet Top Box (STB) Regional Outlook (Volume, Thousand Units; Revenue, USD Billion, 2013 – 2024)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Access Press Release of 4K Set-top Box Market @ https://www.grandviewresearch.com/press-release/global-4k-set-top-box-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:www.grandviewresearch.com

LED Modular Display Market Projected To Expand At A CAGR 13.2% For The Forecast Period From 2020 To 2027: Grand View Research Inc.

San Francisco, 7 Dec 2020: The Report LED Modular Display Market Size, Share & Trends Analysis Report By Type (Indoor Modular Screens, Outdoor Modular Screens), By Region, And Segment Forecasts, 2020 – 2027

The global LED modular display market size is expected to reach USD 12.59 billion by 2027, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 13.2% during the forecast period. The increasing need to display multiple information coupled with the upcoming outdoor events across the developed and emerging economies is expected to drive overall market growth. LED modular display is a flat panel display that integrates the LEDs and the rest of the necessary electronics, that are used as video wall or large format display. They are predominantly used for outdoor and indoor applications such as retail, outdoor sports, and public spaces. Thus, increasing adoption of LED modular displays across several applications such as retail stores, media, and advertising, airports/ railways, sports and entertainment, control room, and auditoriums, among others, will fuel the market growth.

Due to the COVID-19 pandemic, the demand for LED modular displays declined in 2020. However, in the forthcoming years, the demand is expected to increase owing to the resumption of public gathering, outdoor events, sporting events, and business conferences, among others. In July 2020, Shenzhen Absen Optoelectronic Co., Ltd.’s 350-sqm LED displays were deployed at the Dubai World Trade Center for the Dubai Summer Conference. The Ai Everything x Restart Summer conference was the first live in-person global event that was organized after the COVID-19 pandemic. The LED displays included a hanging display and a massive stage backdrop to maximize the presentation and create an immersive environment in the exhibition space.

The Asia Pacific regional market is estimated to expand at the highest CAGR over the forecast period. Retailers operating in Japan, South Korea, and India, among other Asia Pacific economies, are keen on installing large LED display or video walls for advertising purposes and installing such displays outside the retail outlets to attract more customers. Besides, the shipments for LED modular displays are expected to increase in 2021 as the country prepares for the Olympic Games.

Access Research Report of LED Modular Display Market @ https://www.grandviewresearch.com/industry-analysis/led-modular-display-market

LED Modular Display Market Report Highlights

• The indoor modular display segment is projected to expand at the fastest CAGR of 13.6% over the forecast period owing to rising demand for installation in venues, such as indoor arenas, retail stores, hotels, and restaurants
• The European market held the largest share in 2019 as the region has massive adoption of LED modular display technologies in economies such as Germany, Italy, and Belgium
• The large market players are continuously pursuing various initiatives to develop and manufacture large LED modular displays for indoor and outdoor applications

List of Key Players of LED Modular Display Market

• Samsung
• SHENZHEN ABSEN OPTOELECTRONIC CO., LTD
• Yaham Optoelectronics Co., Ltd.
• NEC Display Solutions
• Prismaflex
• Planar (Leyard)
• PixelFLEX
• Pro Display
• Barco
• Sony Corporation

Access Press Release of LED Modular Display Market @ https://www.grandviewresearch.com/press-release/global-led-modular-display-market

Connected Living Room Market Projected To Exhibit Robust CAGR of 8.6% For The Forecast Period From 2019 To 2025 : Grand View Research Inc.

San Francisco, 2 Dec 2020: The Report Connected Living Room Market Size, Share & Trends Analysis Report By Device Type (Smart TVs, Smart Speakers, Gaming Consoles), By Application (Video Streaming, Audio Streaming, Gaming), And Segment Forecasts, 2019 – 2025

The global connected living room market size is projected to reach USD 70.67 billion by 2025, expanding at a CAGR of 8.6% over the forecast period, according to a new report by Grand View Research, Inc. The increasing adoption of smart TVs and smart speakers is expected to drive the growth.

The smart TVs have evolved drastically in recent years with increased connectivity and accessibility to various applications and platforms. The wireless connectivity has enlarged the televisions compatibility with a large number of complimentary devices such as smartphones and tablet PCs. This has further helped integrate various other devices with the large screen comfort of a smart TV.

The video streaming application segment is expected to lead the connected living room market over the forecast period as increasing number of households continue to subscribe for video-on-demand services. Video streaming has revolutionized the entertainment industry and video-on-demand is emerging as a potential substitute to conventional television broadcasts. At the same time, the growing trend of streaming live videos over social media and other platforms is underlining the importance of connected devices and making it evidently necessary for the masses to get acquainted with these devices. These factors are expected to continue propelling the growth of the market over the forecast period.

Asia Pacific is estimated to dominate the connected living room market over the forecast period. The number of smartphone users in the region is rising continuously as communication networks continue to strengthen and the youth population continues to increase. Moreover, the demand for smartphones, gaming consoles, and tablet PCs in the region is growing as the popularity of social media platforms among the youth population continues to grow. All these factors bode well for the regional market.

Access Research Report of Connected Living Room Market @ https://www.grandviewresearch.com/industry-analysis/connected-living-room-market

Connected Living Room Market Report Highlights

• North America audio streaming segment was valued at USD 1.74 billion in 2018 and is expected to reach USD 3.11 billion by 2025, at a CAGR of 8.0% over the forecast period
• Canada smart speakers segment is expected to reach USD 0.11 billion by 2025, registering the highest CAGR of 12.6% from 2019 to 2025
• The launch of smart speakers with artificial intelligence that can be integrated with other devices is expected to drive the growth of the connected living room market over the forecast period
• German video streaming segment is expected to reach USD 3.60 billion by 2025
• Mexico tablets application market is expected to reach USD 0.06 billion by 2025

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the global connected living room market on the basis of device type, application, and region:

Connected Living Room Device Type Outlook (Revenue, USD Billion, 2015 – 2025)

• Smart TVs
• Gaming Consoles
• PC/Laptop
• Smart Speakers
• Smartphones
• Tablets

Connected Living Room Application Outlook (Revenue, USD Billion, 2015 – 2025)

• Video Streaming
• Audio Streaming
• Gaming

Connected Living Room Regional Outlook (Revenue, USD Billion, 2015 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Access Press Release of Connected Living Room Market @ https://www.grandviewresearch.com/press-release/global-connected-living-room-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:www.grandviewresearch.com

Membrane Air Dryers Market Size To Hit USD 662.7 Million By 2020: Grand View Research Inc.

San Francisco, 2 Dec 2020: The Report Membrane Air Dryers Market Size, Share & Trends Analysis Report By Product (Porous, Non-Porous), By Application (Food & Beverage, Medical, Industrial, Electronics/Semiconductor, Telecommunication), And Segment Forecasts To 2020

The global membrane air dryers market size is expected to reach USD 662.7 million by 2020, according to a new study by Grand View Research, Inc. Apart from regular air purity requirements, special applications require high degree of air purification, particularly in the medical sector, which is expected to drive the market. These products are increasingly being used in the medical sector, particularly dentistry.

Membrane air dryers help save energy as they do not require electricity to operate; they also improve manufacturing processes, reduce plant noise and enhance the overall system reliability. The presence of water vapor or moisture in compressed air or steam employed in food processing may lead to significant problems, thereby driving the market. Further, the meat and dairy industry needs to comply with several hygiene requirements in their food preparation areas. Membrane air dryers prevent air compressors from corrosion or rust and provide improved operational efficiency, which is also expected to favorably impact market growth.

Access Research Report of Membrane Air Dryers Market @ https://www.grandviewresearch.com/industry-analysis/membrane-air-dryers-market

Membrane Air Dryers Market Report Highlights

• Porous dryers are expected to remain the leading product segment over the next six years. Membrane air dryers combined with a coalescing filter provide peak overall system performance along with optimal total cost of ownership, which is expected to favorably impact market demand.
• Food and beverage applications are expected to witness high growth over the forecast period. Food processing facilities are required operate with a fundamental assumption that compressed air can be a source of chemical and microbiological contamination, thereby making adoption of membrane air dryers crucial. Membrane air dryers offer several benefits over conventional or alternative drying techniques in terms of energy efficiency, which is further expected to spur market demand over the forecast period.
• North America is expected to emerge as the dominant region, which may be attributed to growing demand in the telecommunication, medical and food & beverage sector. Standards and regulations governing the food processing sector, particularly in Europe and North America are expected to favorably impact regional membrane air dryers market growth over the forecast period.
• Leading market participants include Pentair, Atlas Copco, Gardner Denver, Parker Hannifin, Sullair, etc. Increased investments in R&D activities and new product development, along with emphasizing on providing customized end-use solutions are among the critical success factors for manufacturers.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the global membrane air dryers market on the basis of product, application, and region:

Membrane Air Dryers Product Outlook (Revenue, USD Million, 2012 – 2020)

• Porous
• Non-Porous

Membrane Air Dryers Application Outlook (Revenue, USD Million, 2012 – 2020)

• Food & Beverage
• Medical
• Industrial
• Electronics/Semiconductor
• Telecommunication
• Others

Membrane Air Dryers Regional Outlook (Revenue, USD Million, 2012 – 2020)

• North America
• Europe
• Asia Pacific
• RoW

Access Press Release of Membrane Air Dryers Market @ https://www.grandviewresearch.com/press-release/membrane-air-dryers-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:www.grandviewresearch.com

Broadcast Switchers Market Size To Hit USD 1.93 Billion By 2020: Grand View Research Inc.

San Francisco, 1 Dec 2020: The Report Broadcast Switchers Market Analysis By Product (Master Control Switchers, Production Switchers, Routing Switchers), By Application (News Production, Post Production, Production Trucks, Sports Broadcasting, Studio Production) And Segment Forecasts To 2020

The global broadcast switchers market is expected to reach USD 1.93 billion by 2020, according to a new study by Grand View Research, Inc. Transition to digital from traditional analog technology is expected to propel market growth over the next six years. Changing consumer preferences and favorable regulatory scenarios have led to a high degree of digitization and HD display adoption, which is also expected to be a key market driver over the forecast period. Operational ease during broadcasting and video transmission may favorably impact the market.

Although the standard definition (SD) demand has been decreasing, digitization is expected to fuel 4K and full HD adoption; this is expected to present a sizable opportunity for companies operating in the market. Rising production automation demand is also expected to be a growth driver over the forecast period. Restraints to market growth include the need for standardization as well as the high cost of lighting equipment, cameras, digital audio mixers, etc.

Access Research Report of Broadcast Switchers Market @ https://www.grandviewresearch.com/industry-analysis/broadcast-switchers-market

Further key findings from the study suggest:

• Routing switchers accounted for over 40% of the global market in 2013; the segment is further expected to gain market share over the forecast period. A growing amount of video content has led to the installation of sophisticated broadcasting products so as to provide high-quality streaming. Production switchers are expected to witness high growth, and manufacturers have focused on reengineering and product development measures.
• Sports broadcasting accounted for over 20% of the market share in 2013, mainly due to demand for the high-resolution format. Key manufacturers have aimed to provide multi-definition switchers capable of functioning in varied environments. Growth in demand for outside broadcasting vans is expected to drive the production trucks segment over the next six years.
• North America is expected to continue being the market leader over the forecast period; it accounted for over 35% of the market in 2013. Asia Pacific is expected to be a fast-growing regional market over the forecast period due to investments in broadcast infrastructure.
• Key industry participants include Sony, Snell Group, Ross Video, Broadcast Pix, Panasonic Corporation, Harris Broadcast, etc. Major vendors differ on the basis of their product offering, with innovation and establishing a global presence among the key strategies employed.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-devices

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

Broadcast Switchers Product Outlook (Revenue, USD Million, 2012 – 2020)

• Master Control Switchers
• Production Switchers
• Routing Switchers

Broadcast Switchers Application Outlook (Revenue, USD Million, 2012 – 2020)

• News Production
• Post Production
• Production Trucks
• Sports Broadcasting
• Studio Production
• Others

Broadcast Switchers Regional Outlook (Revenue, USD Million, 2012 – 2020)

• North America
• Europe
• Asia Pacific
• RoW

Access Press Release of Broadcast Switchers Market @ https://www.grandviewresearch.com/press-release/global-broadcast-switchers-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:www.grandviewresearch.com

Thermal Management Technologies Market To Reach $ 20.14 Billion By 2024: Grand View Research Inc.

San Francisco, 24 Nov 2020: The Report Thermal Management Technologies Market Analysis By Product (Hardware, Software, Interface, Substrates), By Application (Computers, Consumer Electronics, Telecommunication, Automotive Electronics, Renewable Energy) And Segment Forecasts To 2024

The global thermal management technologies market size is expected to reach USD 20.14 billion by 2024, according to a new report by Grand View Research, Inc. The industry is primarily driven by the growth in the emerging trend of miniaturization of electronic devices and components.

Developments in the electronics industry have culminated in a considerable surge in the power densities, which have led to the introduction of smaller, smarter products. These advancements in the industry have led to an increased need for innovative thermal management technologies as they improve the system performance and reliability by avoiding the heat generated by the devices. The electronic packaging trend has increased the performance and reduced the size of the product. This has led to a significant increase in the power consumption of the system.

Advanced technological research is expected to produce more efficient and cost-effective thermal management solutions in the future. The key industry participants are extensively focusing on the development of optimized thermal management solutions that are cost-effective and are applicable across a range of end-use applications. However, the industry is anticipated to witness various issues associated with modularity in designing and reliability of modeling, which are presumed to challenge the growth over the forecast period.

Access Research Report of Thermal Management Technologies Market @ https://www.grandviewresearch.com/industry-analysis/thermal-management-technologies-industry

Further key findings from the report suggest:

• Stringent regulations as defined by the Network Equipment Building Systems (NEBS) and the European Telecommunications Standards Institute (ETSI) require telecommunication industry organizations to comply with certain thermal management industry standards
• Current cooling technologies, standard heat sinks, and fans are rapidly approaching their cooling capacity limit, and thermal management is becoming a critical step in enabling enhanced product functionality
• The thermal management software is anticipated to exhibit a significant growth in the near future owing to the increasing adoption of the software heat removal techniques and simulations to reduce moments of peak heat impact and reduce the risk of failure. The segment was valued a little over USD 700 million in 2015.
• The application of thermal management technologies in consumer electronics is expected to grow at a significant rate over the next eight years. The growth can be accredited to the emerging electronic packaging trend to reduce the size of electronic components and increase the performance of consumer electronic products, leading to the growth in the power consumption of the system.
• North America accounted for close to 35% of the global market share in 2015 and is expected to remain one of the key revenue-generating regions over the forecast period. The steady escalation in the use of heat dissipation solutions in organizations is projected to impact the regional industry growth favorably.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the thermal management technologies market on the basis of product, application, and region.

Thermal Management Technologies Product Outlook (Revenue, USD Million, 2014 – 2024)

• Hardware
• Software
• Interface
• Substrates

Thermal Management Technologies Application Outlook (Revenue, USD Million, 2014 – 2024)

• Computers
• Consumer Electronics
• Telecommunication
• Automotive
• Renewable Energy
• Others

Thermal Management Technologies Regional Outlook (Revenue, USD Million, 2014 – 2024)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Access Press Release of Thermal Management Technologies Market @ https://www.grandviewresearch.com/press-release/global-thermal-management-technologies-industry

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:www.grandviewresearch.com

Printed Electronics Market Size Is Likely To Reach USD 19.15 Billion By 2025: Grand View Research Inc.

San Francisco, 20 Nov 2020: The Report Printed Electronics Market Size, Share & Trends Analysis Report By Material (Ink and Substrate), By Technology (Inkjet, Screen, Gravure, And Flexographic), By Device, By Region, And Segment Forecasts, 2018 – 2025

The global printed electronics market size is projected to reach USD 19.15 billion by 2025, at a CAGR of 8.9% according to a new report by Grand View Research, Inc. The surging demand for the flexible electronics at low manufacturing costs and the need for eco-friendly technologies is paving the way for increased adoption of the technology.

Additionally, the increasing penetration of IoT worldwide is proving to be a prime factor in pulling the printed electronics market over the forecast period. The continuously growing demand for IoT in the telecommunication industry for enhancing the network and optimizing the performance along with operations is expected to propel the application of technology over the forecast period.

Numerous technological advancements and developments have led to the evolution of various electronic gadgets and instruments. The growing awareness and user-friendly technologies are leading to the early adoption of these innovative products significantly.

Competent players of the industry are investing largely on the related R&D activities in order to enrich the product portfolios and establish their presence in the market. Eventually, adoption of the efficient and reliable technologies such as printed electronics has turned out to be a necessity for the manufacturers across the globe. Therefore, the printed electronics is anticipated to seek a notable attention across the consumer electronic sector over the forecast period.

The market is categorized based on the materials needed, technologies, and the devices holding a major application over the forecast period. The Asia Pacific region contributes to the major demand of the conductive inks and is expected to hold the grip over the estimated time. This demand can be accredited to the increased production of consumer electronics across the regional countries.

However, the North America and European countries such as UK, Germany, and Norway includes various organizations and associations involved in the promoting and investing in R&D for developing the printed electronics technology. Furthermore, the Asia Pacific region is also expected to witness heavy demand which has led the companies to invest heavily for enhancing the ink quality, reliability, and other conductive properties.

The characteristic features of the inkjet technology such as less ink consumption and material wastage, flexibility, compactness, and less initial investment is leading the technology to experience a noteworthy swift over the estimated period. Furthermore, printed electronic RFID devices is another segment to observe a remarkable rise over the forecast period owing to the demanding application in the packaging sector. Hence, impacting positively for strengthening the global printed electronics market across the globe.

Access Research Report of Printed Electronics Market @ https://www.grandviewresearch.com/industry-analysis/printed-electronics-market

Printed Electronics Market Report Highlights

• The market growth can be accredited to the increasing adoption of the inkjet technology, the growing display and printed RFID devices segments.
• The increasing awareness regarding the conservation of natural resources is leading to the adoption of eco-friendly alternatives, such as the adoption of photovoltaic devices which is further attributing the technology growth.
• Conductive inks and the screen printing technology are the two segments dominating the overall printed electronics market constituting the major share.
• Various organizations and associations are promoting the printed electronics technology in the European countries such as Germany and UK, constituting for a considerable share in 2015.
• The key industry participants include Enfucell Oy, GSI Technologies, NovaCentrix, and T-Ink, Inc. The major enhancement strategies followed by the competent players include signing partnerships or distribution agreements, mergers, and acquisitions along with enriching their portfolios by undertaking continuous R&D.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the global printed electronics market on the basis of material, technology, device, and region:

Printed Electronics Material Outlook (Revenue, USD Million, 2014 – 2025)

• Ink
• Substrate

Printed Electronics Technology Outlook (Revenue, USD Million, 2014 – 2025)

• Inkjet
• Screen
• Gravure
• Flexographic

Printed Electronics Device Outlook (Revenue, USD Million, 2014 – 2025)

• Display
• Photovoltaic
• Lighting
• RFID
• Others

Printed Electronics Regional Outlook (Revenue, USD Million, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Access Press Release of Printed Electronics Market @ https://www.grandviewresearch.com/press-release/global-printed-electronics-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:www.grandviewresearch.com

Test Benches Market is Predicted to Observe a Tremendous Growth, With a CAGR of 4.8% From 2020 To 2027: Grand View Research Inc.

San Francisco, 3 Nov 2020: The Report Test Benches Market Size, Share & Trends Analysis Report By Test Bench Type (Valve, Force, Torque), By Component, By Test Stands, By Test Material, By Application, By Region, And Segment Forecasts, 2020 – 2027

The global test benches market size is estimated to reach USD 1.61 billion by 2027, expanding at a CAGR of 4.8% from 2020 to 2027, according to a new report by Grand View Research, Inc. Increasing adoption of test benches in various industrial applications, such as automotive, semiconductor and electronics, industrial manufacturing, and engineering, is likely to propel the market growth over the forecast period. Need for the testing of appliances and equipment that are under development, such as consumer electronic devices, car components, turbines, and pumps, is estimated to drive the market over the next few years. Testing systems are also used for the measurement and inspection of machines and instruments.

Testing systems are used by the semiconductor manufacturing companies to enhance their performance capability and the speed of operation, which, in turn, reduces the cost of the semiconductor device. Furthermore, increasing demand for testing systems from the automotive industry owing to significant increase in the sales of vehicles is boosting the growth of the market. Recent innovation in the automotive industry, such as autonomous cars and electric vehicles, is further driving the demand for testing systems. Lightweight materials including processed steel, carbon fiber, aluminum, and steel are used to enhance the performance of the vehicles and reduce the weight and complexity of the automotive parts.

Companies are significantly investing in the installation of the test benches in order to deliver quality products to the end customers. For instance, in late 2017, Winergy, a business segment for gearboxes of Flender GmbH, a Siemens Company, installed the most extensive testing system in Australia for the testing of wind turbine gearboxes. The company has invested USD 3.95 million in the installation of the 2.8 MW full load test bench.

Europe is expected to register the highest CAGR over the forecast period owing to increasing production of testing benches in the countries, such as Germany, Italy, and U.K. Asia Pacific held the largest market share in 2019 owing to the presence of a large number of semiconductor and electronics manufacturing companies, especially in China. Countries such as U.S., Canada, and India are anticipated to generate considerable revenue over the next few years. Key players operating in the test benches market include Mark-10 (U.S.), Robert Bosch GmbH (Germany); AMETEK Sensors, Test & Calibration (U.S.); Blum-Novotest (Germany); and IAG Industrie Automatisierungsgesellschaft m.b.H. (Austria).

Access Research Report of Test Benches Market @ https://www.grandviewresearch.com/industry-analysis/test-bench-market

Further key findings from the study suggest:

• The market is driven by increasing adoption of testing systems in various applications in order to fulfill the customer demand and deliver quality products to the end customers
• Valve test benches dominated the market in terms of revenue in 2019 owing to their benefits, such as ability to test the valves around ten times faster than the conventional testing methods
• Motorized test stands are expected to expand at the highest CAGR during the forecast period owing to their ability to provide constant testing speed as compared to manual stands
• By application, the semiconductor and electronics segment is expected to witness considerable growth over the forecast period owing to rising production, design complexity, and requirement of high performance semiconductor devices used in several electronic products
• Europe is expected to witness the highest growth in the next few years owing to the presence of a large number of manufacturers of testing benches
• Some of the key test benches market players are FuelCon AG (Germany), MCD Elektronik GmbH (Germany), Nidec Industrial Solutions (Italy), and ATEQ (U.S.).

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the global test benches market based on component, test bench type, test stands, test material, application, and region:

Test Bench Component Outlook (Revenue, USD Million, 2016 – 2027)

• Hardware
• Software

Test Bench Type Outlook (Revenue, USD Million, 2016 – 2027)

• Valve
• Force
• Torque
• Others

Test Bench Test Stands Outlook (Revenue, USD Million, 2016 – 2027)

• Manual Stands
• Motorized Stands

Test Bench Test Material Outlook (Revenue, USD Million, 2016 – 2027)

• Valve
• Motors
• Furniture
• Others

Test Bench Application Outlook (Revenue, USD Million, 2016 – 2027)

• Semiconductor and Electronics
• Industrial Manufacturing and Engineering
• Automotive and Transportation
• Power Generation and Utilities
• Oil and Gas
• Others

Test Bench Regional Outlook (Revenue, USD Million, 2016 – 2027)

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

 Access Press Release of Test Benches Market @ https://www.grandviewresearch.com/press-release/global-test-bench-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:www.grandviewresearch.com

Industrial Microwave Heating Equipment Market Size Is Poised To Reach USD 1.4 Billion By 2025: Grand View Research Inc.

San Francisco, 13 Oct 2020: The Report Industrial Microwave Heating Equipment Market Size, Share & Trend Analysis Report By Equipment (Magnetron, RF Solid State Amplifier), By End Use (Food, Paper, Wood & Derivatives, Plastic, Chemical), And Segment Forecasts, 2018 – 2025

The global industrial microwave heating equipment market size is expected to reach USD 1.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.6% during the forecast period. Increasing adoption of magnetrons and RF solid-state amplifiers in various end-use industries such as food, paper, plastic, and wood and derivatives is anticipated to positively affect market growth. These high-efficiency products are poised to witness a significant rise in demand in the coming years owing to their long operating life, low maintenance requirements, and low power consumption.

Surging demand for RF solid-state amplifiers is estimated to drive the overall market. They are likely to replace magnetrons over the forecast period due to the benefits they offer, such as enhanced operating life, high precision output power control, frequency tuning, and fast frequency hopping. Moreover, the product has undergone several technological advancements over the past few years, which has led to its increased demand.

The industrial microwave heating equipment market is projected to witness remarkable growth over the forecast period owing to the rising adoption of the equipment in varied applications across different end-use industries. Some of the applications include drying coated paper and/or synthetic paper, drying chemicals and pigments, puffing and vacuum drying, and rubber curing and tire pre-heating.

Furthermore, growing government regulations pertaining to the safe usage of industrial microwave heating equipment continue to be one of the key growth stimulators for the market. Governments have established standards for maximum permissible emissions as well as equipment design and operation. For instance, the Federal Communications Commission (FCC) has assigned frequencies for microwave food processing.

Access Research Report of Industrial Microwave Heating Equipment Market @ https://www.grandviewresearch.com/industry-analysis/industrial-microwave-heating-equipment-market

Industrial Microwave Heating Equipment Market Report Highlights

• The industrial microwave heating equipment market was valued at USD 890.2 million in 2016 and is expected to post a CAGR of 5.6% over the forecast period, owing to the growing adoption of RF solid-state amplifiers in various end-use industries
• The RF solid-state amplifiers segment is anticipated to the rise at a phenomenal CAGR of 13.0% during the forecast period, owing to factors such as increased operating life, high-precision output power control, low maintenance, and fast frequency tuning and hopping
• Magnetrons and RF solid-state amplifiers are widely adopted in the food industry, owing to their usage in diverse applications including cooking and foaming, drying and sterilizing, and tempering and blanching. The industry will be the fastest-growing end-use segment, registering a CAGR of 6.9% during the forecast period
• Europe represented the leading market share of approximately 34.0% in 2016 and is estimated to witness substantial growth over the forecast period, owing to rising industrialization and stringent government regulations
• Key players such as Communications & Power Industries LLC, L3 Electron Devices, Muegge GmbH, Richardson Electronics, Ltd., and Toshiba Hokuto Electronics Corporation dominated the market in 2016 and focus on strengthening their presence through mergers and acquisitions.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the global industrial microwave heating equipment market based on equipment, end use, and region:

Industrial Microwave Heating Equipment Outlook (Revenue, USD Million, 2014 – 2025)

• Magnetrons
• RF Solid State Amplifiers

Industrial Microwave Heating Equipment End-Use Outlook (Revenue, USD Million, 2014 – 2025)

• Food
• Paper
• Wood & Derivatives
• Plastics
• Chemicals
• Others

Industrial Microwave Heating Equipment Regional Outlook (Revenue, USD Million, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Access Press Release of Industrial Microwave Heating Equipment Market @ https://www.grandviewresearch.com/press-release/global-industrial-microwave-heating-equipment-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:www.grandviewresearch.com