Wearable Sensors Market to Observe Strong Development by 2025

The global wearable sensors market size is anticipated to reach USD 2.86 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a phenomenal CAGR of 38.8% during the forecast period. Wearable sensors are a vital aspect of wearable devices owing to growing focus on health and fitness monitoring activities. Wearable sensors are emerging as a revolution in monitoring healthcare and fitness parameters and reducing overall hospital cost for patients.

Wearable sensors are expected to gain traction over the forecast period. The application of these sensors in fitness bands is estimated to hold largest market share in 2016. However, the smart watch segment is anticipated to exhibit the highest CAGR during the forecast period. The growth of the segment is accredited to its capabilities in monitoring and rendering a comprehensive analysis of user activities. As technology advances, end users such as Apple, Samsung, and Fossil are focusing on providing game-changing products, which is a key determinant driving the popularity of wearable sensors.

The consumer segment is expected to remain dominant with fitness tracking emerging as a key trend among users in the recent past. Increase in demand for wearable sensors for remote monitoring of health and fitness through motion sensing technologies and data analysis techniques is anticipated to be a major factor driving segment growth. The healthcare vertical is anticipated to grow at a healthy CAGR over the forecast period, fueled by technological developments in remote monitoring.

To request a sample copy or view summary of this report:
https://www.grandviewresearch.com/industry-analysis/global-wearable-sensor-market

Further key findings from the report suggest:

·       The global wearable sensors market accounted for USD 149.3 million in 2016 and is expected to grow at a CAGR of 38.8% from 2017 to 2025

·       The smart watch segment is anticipated to reach USD 1,083.3 million by 2025 and is expected grow at a high rate over the forecast period

·       The fitness band segment dominated the market in 2016, with an estimated USD 48.5 million

·       The consumer vertical emerged as the largest segment and is estimated to generate revenue over USD 1,253.5 million by 2025

·       Demand for wearable sensors in defense is anticipated to witness moderate growth over the forecast period

·       Asia Pacific is expected to be the fastest-growing region over the forecast period. Numerous enterprises and several new players within China and Japan have been investing in advanced sensor manufacturing. The regional market is expected to exhibit a CAGR of 41.0% over the forecast period

·       Key players in the wearable sensors market include Robert Bosh GmbH, STMicroelectronics N.V., NXP Semiconductors N.V., Texas Instruments, and Knowles Electronics, LLC.

Grand View Research has segmented the global wearable sensors market on the basis of sensor type, device, vertical, and region:

Wearable Sensor Type Outlook (Revenue, USD Million, 2014 - 2025)

·         Accelerometer

·         Gyroscope

·         Optical

·         Force & pressure

·         Inertial sensor

·         Temperature

·         Magnetometers

·         Medical based sensors

·         Others

Wearable Sensors Device Outlook (Revenue, USD Million, 2014 - 2025)

·         Smart Watch

·         Fitness band

·         Smart glasses

·         Smart fabric

·         Smart footwear

·         Other wearable

Wearable Sensors Vertical Outlook (Revenue, USD Million, 2014 - 2025)

·         Consumer

·         Defense

·         Healthcare

·         Industrial

·         Others

Wearable Sensors Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    U.K.

o    Germany

o    France

·         Asia Pacific

o    China

o    India

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         MEA

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

Electric Scooters Market Revenue Sales to Reach USD 41.98 Billion by 2030

The global electric scooters market size is expected to reach USD 41.98 billion by 2030 registering a CAGR of 8.5% over the forecast period, according to a study conducted by Grand View Research, Inc. Rising consumer awareness about eco-friendly transportation, increasing adoption of electric scooter sharing services, and declining raw material prices are expected to fuel the demand. Growing focus on sustainable transportation infrastructure is also projected to augment the market growth. Manufacturers are adopting various strategies, such as collaborations, mergers, and product launches, to enter the continuously evolving electric scooters industry.

Moreover, continuous product innovations within the industry and vehicle charging infrastructure, such as home charging solutions, are projected to bolster the market revenue over the next 13 years. Growing number of registrations of electric scooters are supporting governments in meeting the standards for the adoption of zero-emission vehicles, thus plummeting the emission gap by 2020. Furthermore, energy-efficiency of these vehicles can be achieved with smart vehicle charging infrastructure, which is further lessened by progressing technologies, such as solar power and vehicle-to-grid technologies. Asia Pacific is anticipated to lead the market over the forecast period due to factors, such as collaboration of charging equipment manufacturers with researchers and automakers.

For instance, in 2016, Honda Motor Company and Yamaha Motor Corporation allied to manufacture electric scooters in Japan. Similar factors are responsible for the dominance of China in the Asia Pacific market. North America is anticipated to witness the highest CAGR over the forecast period. U.S. is expected to emerge as the leading economy, in terms of demand for electric scooters, due to new product developments. Moreover, various large-scale manufacturers, such as Mahindra GenZe, are entering the U.S. market. The regional market is, however, observing some challenges owing to new traffic laws being outlined by regulatory bodies to ensure public safety.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/electric-scooters-market

Further key findings from the study suggest:

·       Retro scooters is anticipated to be the dominant segment over the forecast years owing to significant demand for electric scooters fitted with docks

·       Based on battery, the sealed lead acid segment accounted for the largest share of 64.7% of the global electric scooters market in 2018

·       However, stringent laws and regulations to reduce the amount of lead released into the environment are compelling manufacturers to incorporate NiMH and Li-Ion batteries into the scooters

·       Asia Pacific is expected to be the largest regional market reaching USD 26.25 billion by 2030 on account of heavy investments in the vehicle charging infrastructure

·       Some of the prominent industry participants include Gogoro, Inc.; Terra Motors Corporation; Mahindra GenZe; Vmoto Limited; Xinri Electric Vehicle Co. Ltd.; and BMW Motorrad International

Grand View Research has segmented the global electric scooters market on the basis of product, battery, voltage, and region:

Electric Scooters Product Type (Revenue, USD Million, 2015 - 2030)

·         Retro

·         Standing/Self-Balancing

·         Folding

Electric Scooters Battery Type (Revenue, USD Million, 2015 - 2030)

·         Sealed Lead Acid

·         NiMH

·         Li-Ion

Electric Scooters Voltage Type (Revenue, USD Million, 2015 - 2030)

·         24V

·         36V

·         48V

·         Greater than 48V

Electric Scooters Regional Outlook (Revenue, USD Million, 2015 - 2030)

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    U.K.

o    France

·         Asia Pacific

o    China

o    Japan

o    India

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, 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

Bearings Market Significant Profits Estimated to be Generated by 2025

The global bearings market is expected to reach USD 172.2 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to witness a healthy growth, ascribed to achieve energy efficiency coupled with high demand across the automotive sector. The increasing demand for commercial vehicles is anticipated to propel demand across the automotive sector over the coming years. Bearings are necessary in nearly all applications that involve motion, so all industries, ranging from household appliances, automobiles, and industrial machinery to aerospace, using machinery or related motor-driven linkages use bearings.

The global bearings market is mature with a dynamic market demand closely related to the state of engineering industries and capital goods. Manufacturers in the bearings industry invest in R&D to address the rising competition by offering innovative products.

The technological advancements, such as smart bearings and lubrication technology, incorporating sensor units in bearings, are estimated to offer high growth opportunities to the market. Companies are offering integrated products that drastically reduce the number of bearings required in an assembled product and minimize the overall cost of the equipment. Moreover, it improves the reliability and shelf-life of the product.

Access Research Report of Bearings Market@ www.grandviewresearch.com/industry-analysis/bearings-market

Further key findings from the report suggest:

·       The development of bearings that enable cost-effective wind energy generation has led to their increased adoption across wind turbine applications that help increase energy production, enhance turbine performance & reliability, and reduce lubricant consumption

·       Roller bearings are expected to outpace ball bearings, as the largest product segment over the next few years, owing to their capacity to carry heavy loads and shock or impact loading

·       The railway & aerospace segment is anticipated to witness the fastest growth at a CAGR exceeding 8% over the forecast period, owing to their rising demand in applications including gearboxes, shock absorbers, tilting mechanisms, doors, among others

·       The Asia Pacific region is expected to emerge as the fastest growing region with a CAGR exceeding 5% over the forecast period on account of the increased demand for fuel-efficient passenger vehicles, swift infrastructure development, and industrialization across the region

·       The key purveyors comprise NSK, Schaeffler, Timken, SKF, JTEKT, and NTN. Several leading vendors are investing in high-level R&D to come up with innovative bearing solutions. These solutions are focused not only on improving the overall quality of the end-product, but also on being cost-effective.

Grand View Research has segmented the bearings market based on product, application and region:

Bearings Product Outlook (Revenue, USD Billion; 2014 - 2025)

·         Ball Bearings

·         Roller Bearings

·         Others

Bearings Application Outlook (Revenue, USD Billion; 2014 - 2025)

·         Automotive

·         Agriculture

·         Electrical

·         Mining & construction

·         Railway & Aerospace

·         Automotive aftermarket

·         Others

Bearings Regional Outlook (Revenue, USD Billion; 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         The Middle East & Africa

Access Press Release of Bearings Market@ www.grandviewresearch.com/press-release/global-bearings-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