Mini LED Market Size Worth $5.9 Billion By 2025

The global mini LED market size is expected to reach USD 5.9 billion by 2025, at a CAGR of 86.6% over the forecast period, according to a new report by Grand View Research, Inc. Amidst rapid development of Organic Light-Emitting Diodes (OLEDs), mini LEDs have gradually forayed into the industry to bridge the application and technology gap between micro LEDs, which have not been able to overcome their inherent technical hurdles, and traditional LEDs. They are being integrated into backlight modules owing to their increased color gamut and brightness level, lower response time, and improved contrast ratio.

Increasing demand for miniaturized display in consumer electronics devices is expected to positively impact industry growth over the next few years. Mini light-emitting diodes are expected to aid chip makers in gaining market share and technology penetration. Chip sizes ranging from 100 to 200 µm were commercialized in late 2018. Consumer electronics, digital signage, and industrial displays have been the early adopters of this technology. High dynamic range and power-saving capability are some of the features that make them a suitable backlight solution for next-generation displays. Key players are expected to cash in on this opportunity by providing mini LED packages.

Currently, the applications are limited to backlighting in televisions and laptops. These light-emitting diodes have the potential to alter LCDs by decreasing the performance gap with OLED displays. Miniature LEDs are expected to grow beyond these applications in the automotive, smartphone, and digital signage segments. They are suitable for curved display and notch design, and thus in the coming years, are expected to become mainstream smartphones.

Asia Pacific is one of the prominent manufacturing hubs as there are numerous China- and Taiwan-based companies involved in the development and mass production of mini light-emitting diodes. As manufacturers themselves feel that the manufacturing cost is much higher than other technologies, the focus currently hinges on cost reduction before introducing the technology into mainstream applications. Once low-cost products are introduced, miniature LEDs are expected to expand their presence in other regional markets as well.

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https://www.grandviewresearch.com/industry-analysis/mini-led-market

Further key findings from the report suggest:

Mini LED is expected to become one of the mainstream display technologies, and thus various vendors are reporting their developments by showcasing these products in several exhibitions and trade shows
The automotive display application segment is expected to exhibit the highest CAGR in mini LED market over the forecast period. Mini light-emitting diodes have high contrast and brightness ratio, which provide clarity in automotive displays, thereby ensuring safety and security
North America is expected to be early adopters of this technology owing to regional demand for premium gaming monitors and laptops
Innolux Corporation; Japan Display, Inc.; Everlight Electronics Co. Ltd.; and EPISTAR Corporation are some of the prominent companies working on the development of mini light-emitting diode technology and products.

Unified Communication And Business Headsets Market Size Worth $4,315.1 Million By 2025

The global unified communication (UC) and business headsets market size is anticipated to reach USD 4,315.1 million by 2025, registering a CAGR of 12.0% from 2019 to 2025, according to a new report by Grand View Research, Inc. The adoption of unified communication headsets is increasing as these headsets include active noise cancellation feature that enables reduction in external disturbances and improvements in employee productivity.

The growing competition in the market is driving the need for multitasking in organizations at various levels. The demand for wireless headsets is expected to grow as they are compatible with laptops, notebooks, PCs, and smartphones. These headsets have been largely used by executives and senior management employees.

The wireless segment dominated the market in the year 2018. Increasing adoption of softphones by various call centers is driving the demand for high-quality headsets that enable efficient communication, irrespective of the employee or client location, thereby, increasing profits for organizations.

The USB-based wired PC headsets are anticipated to witness substantial growth within the office and working-class professionals. Trends such as mobility and flexibility at work are driving the demand for use of wireless devices at work and home. The business segment is witnessing increasing adoption of wireless devices. Traditional BPOs and call centers are largely adopting cordless headsets.

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https://www.grandviewresearch.com/industry-analysis/unified-communication-uc-business-headsets-market

Further key findings from the study suggest:

The earphone segment is anticipated to grow at the highest CAGR of above 12.5% from 2019 to 2025. Numerous large-scale organizations have initiated the adoption of unified communications to conduct video conferences, webinars, training sessions, and meetings using UC technology for reducing their traveling expenses.
The wired segment dominated the market in 2018 and reached a value of above USD 1,000 million owing to its affordability and extensive use in small & medium enterprises.
The >100 segment is anticipated to grow at the highest CAGR of above 12.5% from 2019 to 2025 owing to the growing preference for newly introduced headset technologies such as gesture recognition and control, 3D surround sound delivery, and active head tracking.
The online sales channel segment is expected to emerge as a fastest-growing distribution channel segment over the next six years. Online sales channel includes the provision of various offers on product prices, which encourage consumers to shop headsets through online platforms.
The business enterprises segment is expected to grow at the highest CAGR of above 12.0% over the forecast period. The demand for unified communication has been increasing over the years and several enterprises have deployed IP infrastructure, which supports real-time communication services.
The North American region accounted for the largest market share in terms of revenue and is expected to continue to dominate the market over the forecast period.
The buyers are seeking a wide range of models with benefits such as improved aesthetics, reliability, and durability and simplicity in use.
The key players in the market include Audio-Technica Corporation; Bose Corporation; Dell Technologies Inc.; GN Store Nord A/S; HP Development Company, L.P; Koss Corporation; Logitech; Microsoft Corporation; Plantronics, Inc.; and Sennheiser electronic GmbH & Co. KG.

Commercial Kitchen Appliances Market Worth $131.77 Billion By 2027

The global commercial kitchen appliances market size is expected to reach USD 131.77 billion by 2027, expanding at a CAGR of 6.7% from 2020 to 2027, according to a new report by Grand View Research, Inc. Rising popularity of Quick Service Restaurants (QSRs) and Full Service Restaurants (FSRs) and expanding travel and tourism are some of the key factors driving the market. Other factors impacting the market growth are rising demand for drive-through meals, development of railways, fast-paced life in metros and cosmopolitans, surge in the number of working women and nuclear families, and increasing disposable income of individuals.

Emergence of smart kitchen equipment is expected to favorably contribute to the market growth. Smart technologies can keep track of the performance of kitchen equipment as well as increase food preparation consistency. Hence, key market participants are focusing on technological advancements pertaining to ventilation, temperature control, and automated techniques for maintenance and cleaning of the equipment to reduce operational time and capital in the long run.

Moreover, the Internet of Things (IoT) is taking over commercial kitchens worldwide by integrating the appliances with other electronic devices owned by the consumers, which, in turn, increases efficiency and saves time. For instance, Monnit Corporation designs remote monitoring solutions for commercial refrigerators that are built with temperature and humidity sensors to ensure food quality, monitor cold inventory, and optimal inventory storage. Prominent end-use industries of commercial kitchen appliances are equipping multi-functional equipment with such state-of-the-art solutions as they are more efficient and they combine several functions in a single device to accommodate different pre-cooking programs as well as prepare multiple dishes in relatively less time.

According to the U.S. Environmental Protection Agency (EPA), commercial kitchens roughly consume 2.5 times more energy per square foot than any other commercial spaces. Thus, growing concerns regarding the energy consumption of equipment used and shift towards more energy-efficient appliances are expected to significantly contribute to the industry growth. Furthermore, rising government initiatives to spread awareness about energy consumption and increasing electricity cost are expected to drive the demand for eco-friendly and energy-efficient equipment over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/commercial-kitchen-equipment-appliances-market

Further key findings from the report suggest:

In North America, the dishwasher segment is expected to reach USD 4.09 billion by 2027
The rail, cruise and airways catering segment is expected to expand at the highest CAGR during the forecast period
The Average Selling Price (ASP) of kitchen equipment is higher in U.S. owing to greater variation in prices and availability of a diverse product range
MEA is expected to witness the fastest growth during the forecast period
Key participants in the market include Bakers Pride, G.S. Blodgett Corporation, Garland Group, Vulcan, Bonnet International, Ali Group, and True Manufacturing.

Power Bank Market Size Worth $27.8 Billion By 2027

The global power bank market size is anticipated to reach USD 27.8 billion by 2027, according to a new report by Grand View Research., registering a CAGR of 18.4% from 2020 to 2027. Currently, a power bank is considered an essential mobile accessory. The increasing demand for power banks has led to a reduction in their prices. Furthermore, high competition in the market reduces the total cost of ownership of the power bank. Increasing use of the internet and insufficient battery capacity of smartphones and other mobile consumer electronic products are the key factors driving the growth in sales of power banks globally.

An increase in GDP, higher consumer purchasing power, and improved standard of living are propelling the growth of the electronics market. The demand for power banks has increased owing to the low battery capacity of smartphones and tablets. Power banks with 8,001 mAh–20,000 mAh battery capacity are expected to gain high traction in the power bank market owing to the capacity of a power bank to charge a device multiple times.

The Asia Pacific region dominated the global market in terms of revenue in 2019. Growing population, developments in digitization, increasing affordability of the product, and rising penetration of e-commerce in the electronics industry drive the product adoption across the region. The regional market is expected to witness a significant gain in revenue share over the forecast period owing to its large population and high demand for e-commerce across various industries of the region.

For the past decade, smartphones have ruled the market due to technological advancements and user-friendly models. Smartphones are frequently used for social media, ordering food, mobile banking, online shopping, and other activities. This has resulted in the frequent consumption of data, which drains the battery of smartphones, thereby driving the demand for power banks. On the other hand, the improvement of batteries in smartphones and other consumer electronic devices would prove to be a key restraint for the market. Leading smartphone companies are continually working on improving battery life, and it is estimated that battery capacity improves by around 5% per year.

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https://www.grandviewresearch.com/industry-analysis/power-banks-market

Further key findings from the report suggest:

The online distribution channel segment is expected to witness substantial growth over the forecast period owing to the increasing penetration of e-commerce
The electric segment accounted for the largest power bank market share in 2019. However, the solar segment is expected to register the highest CAGR from 2020 to 2027 owing to the increasing demand for energy-efficient solutions
Online retailing plays a significant role in driving the product demand with convenient options such as cash on delivery and tariff concessions
On the basis of battery type, lithium-ion batteries are expected to retain their leading position through the forecast period. Lithium-ion batteries have high energy density and reduce greenhouse gas emissions
U.S., China, Japan, India, and Mexico are expected to witness considerable growth over the forecast period owing to robust industrial development and extensive urbanization
Key players in the market include Beijing Xiaomi Technology Co. Ltd.; Lenovo Group Ltd.; Microsoft Corporation; Panasonic Corporation; Sony Corporation; AsusTeK Computer Inc.; Anker Technology Co.; Intex Technologies; and Ambrane India Private Limited.

Inkjet Coders Market Size Worth $2.1 Billion By 2025

The global inkjet coders market size is expected to reach USD 2.1 billion by 2025, registering a CAGR of 5.1% over the forecast period, according to a new report by Grand View Research, Inc. increasing adoption of inkjet coders in medical applications is expected to drive the market over the forecast period. Inkjet coders are being used in medical applications to meet the growing demand for traceability that allows protection against counterfeit pharmaceuticals.

Inkjet coders are also extensively used in the food industry to enable consumers to read information and gain knowledge about the product. Information coded includes expiry dates, nutritional information, and ingredients. The demand for TIJ coder in the food industry has increased over the last few years. TIJ coders provide improved print quality and resolution and release less volatile organic compounds, thereby increasing the demand for such coders among food packaging.

Besides, the packaging industry is witnessing a paradigm shift in terms of coding and marking methods. Inkjet coders are being observed to be used in the packaging industry for marking primary packaging, coding tobacco packages, and tracking and identifying products. Furthermore, the growth of the market is attributed to increase in the number of pharmaceutical stores, especially in the Asia Pacific region. Also, in this region the government of different countries have introduced several legislative norms to accurately label produced goods, which in turn is supporting market growth and is anticipated to witness substantial growth by 2025.

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https://www.grandviewresearch.com/industry-analysis/inkjet-coders-market

Further key findings from the study suggest:

The market is anticipated to witness substantial growth during the forecast period owing to rising adoption in various industries, including pharmaceutical, food and beverages, and automobile
The Drop on Demand (DOD) inkjet coder segment is expected to register considerable growth by 2025. This is attributed to benefits offered in terms of flexibility and functionality, thereby augmenting its adoption across industrial applications such as printing onto timber and hardware, concrete, and packaging products
The food industry segment accounted for the highest market share in 2018, owing to increasing stringent regulations on clear printing of information on the product
The growth of the European market can be attributed to presence of large number of vendors/manufacturers offering the printing technology. Also, Europe is likely to maintain its dominance during the forecast period
Key players in the market include Markem-Imaje; Linx Printing Technologies; KGK Jet India Private Limited; Xaar Plc; Videojet Technologies Inc.; Kiwi Coders Corp.; and Hitachi Industrial Equipment Systems Co., Ltd. New product development remains the key strategy adopted by the leading manufacturers in the market.

Video Intercom Device Market Size Worth $41.07 Billion By 2025

The global video intercom devices market size is projected to reach USD 41.07 billion by 2025 registering a CAGR of 12.8% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Rise in the number of residential and commercial buildings is expected to propel the growth of the video intercom device market over the forecast period. The market is witnessing a significant growth owing to innovations in video streaming, and Session Initiation Protocol (SIP). Video intercoms use the internet for data transfer and are also equipped with cameras that offer high-quality imagery and night vision functionality. This has resulted in high demand for such devices in offices and residential apartments for security purposes.

These devices are suitable for managing the security of commercial buildings as they can be integrated with video surveillance systems, access control systems, and security & building management systems. They are widely deployed in automobiles, which is expected to generate significant demand over the forecast period. These systems feature emergency call queuing, paging, and audiovisual identification of visitors, among others. Moreover, they can remotely unlock doors with electric door strike to let visitors enter the house and can broadcast visitors’ information to multiple stations through a standard master station or mobile device application. Furthermore, the audiovisual communication feature allows a resident to recognize the visitor.

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https://www.grandviewresearch.com/industry-analysis/video-intercom-devices-market

Further Key Findings from the Report Suggest:

The door entry systems segment is expected to account for the highest market share in 2025 expanding at the highest CAGR of 13.3% from 2019 to 2025
Door entry systems function as either audio or video systems. An audio door entry system allows a user to communicate with the callers and a video system displays an image of the visitor
Password access control offers various benefits, such as easy access, convenient access, and higher security, due to which the segment is anticipated to account for the maximum market share
The wireless segment is anticipated to register the highest CAGR of 13.5% from 2019 to 2025. Wireless systems use a Wi-Fi network to transmit the signals between other intercom security devices
Lower installation and maintenance costs of wireless video intercom systems are expected to fuel the segment growth over the forecast period
The IP-based technology segment is anticipated to expand at the highest CAGR of from 2019 to 2025 owing to enhanced video surveillance, communication, and entry control capabilities of these systems
North America is expected to be the largest regional video intercom device market over the forecast period due to increasing construction activities of smart homes in the region
Key companies are Aiphone Co., Ltd.; Alpha Communications; Comelit Group S.P.A.; Dahua Technology Co., Ltd.; Godrej.Com; Honeywell International, Inc.; Legrand; Panasonic Corp.; Samsung; and Siedle & Sohne OHG

Arbitrary Waveform Generator Market Size Worth $557.8 Million By 2025

The global arbitrary waveform generator market size is expected to reach USD 557.8 million by 2025, registering a CAGR of over 9% from 2019 to 2025, according to a new report by Grand View Research, Inc. The growing number of applications of these generators across numerous end-use sectors is expected to drive the arbitrary waveform generator (AWG) market growth over the forecast period. There has been a considerable rise in the investments and R&D activities carried out in various sectors, including healthcare, telecommunications, and aerospace & defense, which have led to the introduction of sophisticated and technologically advanced equipment. As a result, AWGs are expected to be the standard for the simulation of waveforms owing to the high complexity of electronic systems.

The augmented demand for these generators in the commercial sector can be primarily attributed to the growing popularity of reliable DDS integrated circuits. Users are increasingly preferring these generators over the conventional function generators owing to benefits such as improved performance and cost-effectiveness offered by these generators for computing applications. Additionally, the aerospace & defense and healthcare sectors are witnessing significant investments in the development of advanced equipment, which require sophisticated testing and signal measurement procedures. This is expected to drive the demand for AWGs in these sectors.

Dynamic applicability in the manufacturing and military sectors, along with surging demand from the telecommunications sector, is anticipated to drive the AWG market growth. Various enterprises are shifting their preference from traditional function generators to advanced AWGs owing to their enhanced performance. As a result, the decision-makers in these enterprises are now able to augment the performance throughput of their equipment as per their requirements, in addition to leveraging the benefit of cost-effectiveness.

The rising popularity of new technologies, including EDGE and WiMAX, is poised to further escalate the demand for AWGs. These generators offer numerous benefits, such as higher speed, flexibility, and performance, which are expected to augment the AWG market growth in the next six years. Moreover, in order to ensure optimum flexibility and versatility of these generators, several manufacturers such as Keysight Technologies and Tektronix, Inc. are developing AWG software to allow the generation of standard-compliant waveforms and to offer high-precision testing capabilities.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/arbitrary-waveform-generator-market

Further key findings from the report suggest:

Various wireless communication technologies use AWGs to ensure optimum accuracy, frequency stability, and marginal noise in wireless communication networks
Technologies in the aerospace & defense sector, such as radar, and electronic warfare, require testing to ensure maximum accuracy, flexibility, and scalability
The shifting of manufacturing facilities to developing economies such as China and India, owing to low manufacturing costs, is expected to drive the AWG market growth in APAC region
The prime focus of the arbitrary waveform generator (AWG) market participants is testing and debugging of the communication systems to ensure timely delivery of messages between a device and a hub.

Connected Living Room Market Size Worth $70.67 Billion By 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.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/connected-living-room-market

Further key findings from the report suggest:

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

Vibration Control System Market Size Worth $6.7 Billion By 2027

The global vibration control system market size is expected to reach USD 6.7 billion by 2027, registering a CAGR of 6.0% over the forecast period, according to a new report by Grand View Research, Inc. Growing adoption of the technology in healthcare applications is expected to drive market growth over the forecast period. Vibration control systems are being used in healthcare applications to mitigate the impacts of quiver on sensitive equipment such as DNA sequencing microarrays and Magnetic Resonance Imaging (MRIs).

The technology is also extensively used in the aerospace and defense industry to decrease the vibrations causing damage to the aircraft windshield, windowpanes, doors, and shipments. Based on system type, the market is segmented into motion and vibration control systems. The demand for motion control systems in automotive, power plants, and oil and gas industry has increased over the last few years. Motion control systems isolate the effects of quiver and shock in power plants, thereby increasing the demand for such systems among these industries.

Besides, the electronics and electrical industry, including industrial goods, is witnessing a paradigm shift in terms of increasing usage of vibration control methods. Moreover, the technology is also used in the industrial goods industry for isolating vibrations on electronic instruments and measuring equipment. In Asia Pacific, the market is anticipated to witness significant growth owing to the presence of major manufacturers in China. The low cost of capital and availability of cheap labor and material in the region is expected to drive the market in the region by 2027.

In North America, the vibration control system market is anticipated to witness considerable growth attributed to rising demand from aviation, healthcare, and defense sector in U.S. and Canada. U.S. is expected to dominate the market in North America owing to increasing use of the technology in automotive, electrical and electronics, and food manufacturing sectors.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/vibration-control-systems-market

Further key findings from the study suggest:

The market is anticipated to witness substantial growth during the forecast period, owing to the rising adoption in various industries, including healthcare, oil and gas, and aerospace and defense
The vibration control segment accounted for the highest market share in 2019, owing to growing demand for automation in power plants and oil and gas industries
The aerospace and defense industry is expected to register highest growth over the forecast period, owing to increasing stringent regulations by defense authorities and airlines authorities on system design
In Europe, the market held the largest share in 2019, owing to the presence of large number of automobile manufacturers in the region
Key players in the vibration control system market include ContiTech AG; Lord Corporation; Resistoflex (P) Ltd.; HUTCHINSON; Fabreeka; Sentek Dynamics Inc.; VICODA GmbH; Isolation Technology Inc.; Trelleborg AB; and Kinetics Noise Control, Inc. New product development and expansion remains the key strategy adopted by the leading manufacturers in the market.

Aviation Connector Market Worth $7.2 Billion By 2027

The global aviation connector market size is expected to reach USD 7.2 billion by 2027, expanding at a CAGR of 6.3%, according to a new report by Grand View Research, Inc. The growth of the market can be attributed to the increased manufacturing of new aircraft in the commercial and military sectors for replacing the lesser efficient fleet.

The governments of prominent countries such as U.S., Singapore, India, and China are making significant investments for upgrading their military jets and aircraft fleets, which are specially designed for harsh weather and war conditions. Moreover, the introduction of new technology and solution in business jets, commercial and general aircraft avionics systems such as real-time weather technology, supersonic avionics, and Open Mission Systems (OMS) Software is also expected to provide an impetus to market growth.

The manufacturing of electronic boards and controls for aircraft require a different type of connectors such as PC card, Flat or ribbon Cable, Circular/Cylindrical, Nano, Micro, or Coaxial. The selection of the right type of connector is crucial in determining the functionality and service life of the component and electrical connection. As aircraft fly under high air pressure, the need for a sturdy and reliable connector becomes more vigilant.

The use of advanced aviation connectors contribute towards robust avionic system performance and assist in achieving higher efficiency. With the growing competition, it has become essential for the aircraft manufacturer to incorporate such latest cutting-edge technology and components, which proves beneficial in driving their sales performance. Moreover, vendors in the aviation connector market space are keenly launching new products and adopting an expansion strategy to strengthen their foothold in the market. For instance, in October 2019, the Angelus Corporation division named PIC Wire and Cable launched MACHFORCE, which is a 10G Ethernet connectors line of product. Therefore, competition among the prevailing and emerging vendors is anticipated to intensify further in the next five years.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/aviation-connectors-market

Further key findings from the report suggest:

The commercial segment accounted for over 56% of the revenue share in 2019
Revenue from the PCB connector segment is expected to reach approximately USD 1.4 billion by 2027 The growth of the segment is attributed to the need for connecting electrical components securely, which facilitates transmission of signal and power between the boards in the aviation system
The North America region is expected to dominate the global aviation connector market by 2027 owing to the presence of a large manufacturing hub for commercial, military, and trainer aircraft
Some of the major players operating in the market are Amphenol Corporation; Bel Fuse Inc.; Carlisle Companies Inc.; Conesys Inc.; Eaton Corporation; Esterline Corporation; Fischer Connectors SA; ITT Corporation; Radiall and CONEC Elektronische Bauelemente GmbH; Rosenberger Group; Smiths Group PLC; and TE Connectivity.