Thursday 24 May 2018

North America Video Surveillance Security camera market is projected to reach at USD 10 billion in the year 2021


Security camera is the technique to provide security for workplace and home.  Along with, it provides video tapes of any occurrence that may happen. On the back of reason like, increased crime rates, urbanization and long hours out of home, the global security camera market is anticipated to rise to USD 28 billion in the year 2016 and projected to expand with compound annual growth rate CAGR of 9.2% through 2023. During 2016-2023, IP security cameras is expected to showcase a steep rise due to surge in the installation of IP cameras enabled with HD video.  
Market Size and Forecast
Gaining on the back of reasons like replacement demand, increased security concerns in the cities during night, the North America security camera market is projected to reach at USD 10 billion in the year 2021, with CAGR of 7.9%.

Following the same trend, Latin America and Mexico are the major regions or markets for the security camera market. Mexico security cameras market is projected to value at USD 460 million in coming three years.
Asia-Pacific accounted for 66% of installed security camera in the year 2015 and the region is further forecasted to post 69% of installed security cameras by 2023.
Market Segmentation
By Application
On the basis of application the global security cameras market can be defined into:
·         Commercial
·         Institutional
·         Border security
·         City Infrastructure
·         Residential
·         Industrial
By Type
On the basis of type the global security cameras market is segmented into:
·         Outdoor
·         Indoor
·         Outdoor with housing
By Components
While studying the global security cameras the market is segmented into:
·         Hardware
·         Software
·         Video Surveillance as a Service (VSaaS)
By Camera Resolution
Depending upon the resolution, global security camera market is segregated into:
·         HD
·         Non-HD
·         Full-HD
·         UHD
By Feature
Based on the features, the global security camera market has been studied and segmented into:
·         Fixed Cameras
·         Moving Cameras
·         Panoramic
By Technology
Further based on the type of technology used, the global security market is classified into:
·         Hybrid
·         IP
Growth Drivers and challenges
Increasing penetration of security cameras in the various sectors such as education, healthcare and commercial workplace are the main drivers for the global security camera market.
Increase in terror activities in most of the European cities and criminal activities are promoting the demand of security cameras thus encouraging the growth of global security cameras market in the forecasted years.
Lack of skilled workforce to manage security cameras, lack of standardized security cameras, not much hindrance from government on manufacturing security cameras and related are few of the major factors which are believed to dampen the growth of global security cameras market in the future.
This report also provides the existing competitive scenario of some of the key players of the global video surveillance security cameras market which includes company profiling of Panasonic Corporation, Samsung Techwin, Arecont Vision Llc, Honeywell International Inc., Bosch Security Systems and Canon Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global video surveillance security cameras market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact for more Info:                                           
Ajay Daniel
U.S. +1 646 586 9123
U.K. +44 203 608 5919

Tuesday 22 May 2018

Growth of Electrical Switch Market due to rising consumer demand for energy saving lighting systems


An electrical switch refers to electrical equipment that can make or break a circuit by interrupting the current or diverting it from one conductor to another. Electrical switches are available in manual or automatic form. A switch may be directly operated by a human as a control signal to a system such as a computer keypad button or to control power flow in a circuit.
Electrical switches can be operated by various means such as pressure, temperature, flow, current, voltage and by sensors for automatic control of a system.    
Market Size and Forecast
The global electrical switch Market is expected to achieve an exponential growth over the forecast period i.e. 2017-2024. The factors influencing the growth of electrical switch market include rising consumer demand for energy saving lighting systems, acceptance of standard protocols for lighting control and favorable government initiatives for saving electricity.
Geographically, Asia-Pacific dominated the electrical switch market in 2016. China, Japan and India grabbed the largest market share in the region. Easy availability of these electrical switches at affordable prices in the Indian market has increased their adoption in various applications such as in commercial and residential buildings, industries, hospitality and others. The rapid boom in the construction sector in India and China has boosted the growth of electrical switch market. Further, the growing indigenous demand for electrical switch in India as a result of rising disposable income among the growing middle and affluent class and the growing infrastructure in recent times is expected to make India an important consumer of electrical switch in the near future.
Apart from this, North America stood at second position in electrical switch market in the same year. In North America, U.S. dominated the electrical switch market. Electrical switches in North America are reliant on the growth of industrial, commercial and residential facilities. North America electrical switch market is expected to expand at a higher pace over the forecast period.
Market Segmentation
Our in-depth analysis segmented the electrical switch market in the following segments:
By Type
Traditional electrical switch
Smart electrical switch 
By End User
Commercial
Residential
Other
By Distribution Channel
Online store
Offline store
Growth Drivers and Challenges
Rapid urbanization coupled with development of advanced modular electrical switches is one of the major factors driving the growth of electrical switch market. Apart from this, manufacturers are developing advanced electrical switches that are more energy efficient and require less maintenance. Further, the growing indigenous demand for electrical switch is a result of rising disposable income among the growing middle and affluent class. Moreover, the changing and modernized infrastructure is expected to show a robust demand for electrical switches in the near future.
Another crucial factor fostering the growth of electrical switch market is the rapid growth in real estate industry. It has been notified that the builders prefer good quality electrical switches. Apart from this, rising internet penetration has also intensified the growth of electrical switches market due to wide variety of products available at an online portal with a discounted price.
The safety and security concerns and increasing acceptance of smart and attractive electrical switches among end users is anticipated to be one of the dynamic factors behind the rapid growth of electrical switch market over the period 2017-2024.
However, the growth of electrical switch market is likely to be hindered by the fluctuating raw material prices and availability of low quality and cheap products.

This report also provides the existing competitive scenario of some of the key players of the global electrical switches market which includes company profiling of Legrand, Siemens, ABB, Panasonic, Havells, Alps, Salzer Electronics, longsheng, GE and Schneider. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global electrical switches market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Contact for more Info:                                           
Ajay Daniel

Monday 21 May 2018

Global smoke detector market is estimated to grow from USD 1.36 Billion in 2015 to USD 2.31 Billion by 2021

Smoke detector is an electronic device used to combat the fire by sensing and gives indication of incidence of smoke. Based on the technology used in the smoke detectors, the market can be segregated into ionization detectors and photoelectric detectors. Majorly, the smoke detectors are consumed by the real estate sector; commercial, residential and institutions being the biggest consumer.
Market Size and Forecast
The global smoke detector market is estimated to grow from USD 1.36 Billion in 2015 to USD 2.31 Billion by 2021, registering a compound annual growth rate (CAGR) of 5.22 % during 2015- 2021.North America smoke detector market is anticipated to grow at a healthy; U.S. smoke detectors market has held the highest market share in comparison to other countries in this region.
Asia Pacific region is projected to overtake North American smoke detector market in the anticipated period i.e. 2015-2021. China, India, Singpore and New Zealand smoke detector market are likely to witness maximum growth in near future.
Europe smoke detector market is expected to grow at faster rate owing to increasing spending on infrastructure by enterprises in the upcoming years.

Market Segmentation
By Product
Based on the product type, the global smoke detector market is segmented into:
  • Photoelectric Smoke Detector
  • Dual Sensor Smoke Detector
  • Ionization Smoke Detector
  • Others
By Power Source
Depending upon the Power Source, the global smoke detector market is divided into:
  • Hardwired With Battery Back Up
  • Hardwired Without Battery Back Up
  • Battery Powered
 By Services
On the basis of Services, the global smoke detector market is studied  into:
  • Installation & Design Services
  • Engineering Servicess
  • Maintenance Services
  • Managed Services
  • Others
By End User
While drilling the industry by End-User, the global smoke detector market can be defined into:
  • Oil, Gas & Mining
  • Transportation & Logistics
  • Residential
  • Commercial
  • Manufacturing
  • Telecommunication
  • Others
Growth Drivers and challenges
Continuous innovation in smoke detector technology and their networking, emergent initiatives taken by the governments across the globe, rising expenditure on fire protection devices etc. are some of the major driving factors of smoke detector market in the coming years.
In addition to that, intensification in injuries and deaths owing to fire in the commercial and domestic building are the major cause to uplift the demand of global smoke detector market.
High installation cost and annual maintenance charges, stringent government regulation for fire prevention, un-organized market etc. are few of the major challenge faced by the global smoke detector over the forecasted period i.e. 2015-2021.
This report also provides the existing competitive scenario of some of the key players of the global smoke detector market which includes company profiling of Honeywell International Incorporation, Siemens AG, Hochiki America Corporation, Tyco International PLC, United Technologies Corporation, Johnson Controls International Plc., Hitachi Ltd, and NEST Technologies Corp. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global smoke detector market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
 Contact for more Info:                                           
Ajay Daniel
U.S. +1 646 586 9123
U.K. +44 203 608 5919

Friday 18 May 2018

Global smart sleep tracking device market is expected to register a CAGR of 18.5% over the forecast period 2017-2024


Smart sleep tracking device is referred to a device which tracks the sleep of a person. The sleep tracker device takes the sleep data and gives a detailed analysis of the person’s sleep. It also tracks the heart rate, breathing and snoring, time asleep, bedroom humidity and temperature. Smart sleep device is integrated with various features such as it wakes the person up by the alarm when the sleep is light sleep and the device also automatically senses when you go to bed and try to sleep.
Market Size and Forecast
The global smart sleep tracking device market is expected to grow at a robust growth over the forecast period i.e. 2017-2024. Smart sleep tracking device market is driven by various factors such as growing awareness of sleep as a health concern and rising personal disposable income. Further, the market of wearable devices by product type is expected to register a highest market share in overall smart sleep tracking device market by the end 2024. The growth of wearable smart sleep device market is attributed to the rising adoption of technologically advanced devices on the back of escalating sleep disorders.   
On the basis of geography, the most prominent regional markets include North America and Europe, which together constituted around 65% market share. North America region is expected to dominate the market during the forecast period aided by the U.S. Further, wide use of these compact devices in the treatment of sleep apnea and rapid urbanization are believed to flourish the growth of smart sleep tracking device market in the region. Moreover, presence of major key players in North America region is also predicted to bolster the growth of smart sleep tracking device market over the forecast period.
Europe region holds the second largest market of smart sleep tracking device in terms of revenue in 2016. Further, the major countries witnessing the augmented demand for smart sleep tracking devices are France, U.K. and others countries. Additionally, increased connectivity and a greater demand for healthcare devices are envisioned to foster the growth of smart sleep tracking device market in the Europe region. Asia-Pacific region is also projected to show a tremendous growth over the forecast period i.e. 2017-2024. The growth in this region is credited to the rise of middle class and rising purchasing power of the population. Furthermore, Japan and China are the leading countries for smart sleep trackers in this region.     
Market Segmentation
Our in-depth analysis segmented the global smart sleep tracking device market in the following segments:
By Product Type
Wearable devices
Non-Wearable devices
By Technology
Sensors
Electroactive polymers
Others
By Distribution Channel
Online store
Offline store
Growth Drivers and Challenges
Factors such as increased awareness among people to get their sleep patterns checked and rising sleep disorders such as sleep apnea, insomnia and others are anticipated to be the dynamic factors behind the rapid growth of smart sleep tracking device market across the globe. Further, technological advancements have made these devices compact, comfortable, and easy to use.  This factor is expected to propel the growth of smart sleep tracking device market.
Moreover, smart sleep tracking device market is driven by various factors such as rising adoption of personalized healthcare devices, explosion of interest in gadgets and  rising disposable income of the population. In addition to this, increasing concerns over sleep-related issues such as accidents caused by sleep derivative, obesity and others are also envisioned to fuel the demand for smart sleep tracking devices.
However, high cost of smart sleep tracking devices is expected to hinder the growth of smart sleep tracking devices market. Further, less adoption of smart gadgets by developing and underdeveloped nations is also believed to dampen the growth of smart sleep tracking devices market.
This report also provides the existing competitive scenario of some of the key players of the global smart sleep tracking device market which includes company profiling of  Apple Inc., Samsung Group, Philips Healthcare, Nokia Corporation, Fitbit, Inc., Emfit Ltd., Garmin Ltd., ResMed and Sleepace. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global smart sleep tracking device market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact for more Info:                                           
Ajay Daniel
U.S. +1 646 586 9123
U.K. +44 203 608 5919

Thursday 17 May 2018

Global drones market is expected to reach at notable revenue of USD 25.0 Billion by the end of 2023


Drone is a flying robot commonly known as unmanned aerial vehicles (UAV) which can be controlled by remote or self-automation software. From past few years, drones were often used for military practices such as anti-aircraft target practice, intelligence gathering and others. Now-a-days drones discovered their wide range of application in commercial sector such as traffic monitoring, weather monitoring, fire-fighting, search and rescue operations, drone-based photography, as well as agriculture and delivery services. With the emerging market of drones, drone education is also expanding. Various universities across the globe are now offering bachelor degree in Unmanned Systems Applications, these emerging trends in the drone technology will further spur the demand for drones across the globe.
Market Size & Forecast
Global drone market is anticipated to reach USD 25 billion by the end of 2023 witnessing a compound annual growth rate of 18.2% over the forecast period owing to the significant use of drones in various sectors.
Geographically, North America is anticipated to have the upper hand over the global drone market owing to the increasing production and wide application of drones in commercial sector. Europe is estimated to be most attractive market in terms of profit over the forecast period. In Canada, drones are mainly used for atmospheric monitoring including atmospheric gas sampling and oceanographic research.
In terms of volume, nearly 4 million commercial drones are sold in 2015. The number of sold units is anticipated to expand exponentially over the forecast period reaching 18 million a year by 2023.
Drones are widely used for pest detection, search and rescue of mammal species, volcanic monitoring, pollution monitoring and others. The growing trend of adoption of drones in various activities will establish numerous opportunities for the drone’s manufacturers in the global market.
Drone manufacturers in the market are focused on providing comprehensive design with functionality and safety to ensure the best performance and creative appearance.
Market Segmentation
By Product Type
Deep dive study has been carried out on the following product segments:-
·         Commercial Drones
o    Fixed Wing Drones
o    VTOL Drones
§  Rotary Blade Drones
§  Nano Drones
§  Hybrid Drones
·         Military Drones
o    Small Tactical Unmanned Aircraft Systems (STUAS)
o    Medium Altitude Long Endurance (MALE) UAVs
o    High Altitude Long Endurance (HALE) UAVs
o    Unmanned Combat Air Systems (UCAS)
By Payload
Depending upon the payload capacity of drones, the market is further segmented into following categories:-
·         Up to 25 kg ( commercial drones)
·         Up to 150 kg ( commercial drones)
·         Up to 600 kg (military drones)
·         Above 600 kg (military drones)
By Component
On the basis of component used in drones, thorough study has been carried out on the following categories:-
·         Camera
·         Battery
·         Propulsion System
·         Sensors
·         Navigation System
·         Others (Transmitter, Range Extender, Frame)
By Application
By end use application, the market can be segmented in to following categories:-
·         Military Activities
·         Law Enforcement
·         Precision Agriculture
·         Media and Entertainment
·         Retail
·         Inspection and Monitoring
·         Surveying and Mapping
·         Do it Yourself (DIY) Drones
·         Education
Growth Drivers and Challenges
Increasing use of drones in commercial sectors such as media and entertainment, inspection, monitoring, surveying and mapping is fuelling the demand for drones across the globe
Government all over the world are also implementing drones in public safety services, drones are widely used by law and enforcement agencies for surveillance. Drones are also used in infrastructure, scientific research and R&D, environmental studies, and disaster management activities. The wide range of application of drone will further intensify the market growth over the forecast period.
E-commerce and retail industry is working on the using drones in order to deliver product to the customers in a minimum time. However such projects are held back by government bodies in order to ensure public safety. Additionally, Drones are widely used in agriculture sector to produce higher yield by regular crop monitoring. Key market players are making huge investment in R&D activities to develop solar powered drones for agricultural application. This will further boost the demand for drones in agricultural sector. Government regulations regarding the violation of privacy policies are considered to be the major restraint in the global drone market.
This report also provides the existing competitive scenario of some of the key players of the global drones market which includes company profiling of AeroVironment Inc., 3D Robotics Inc., AgEagle Aerial Systems Inc., Agribotix LLC, Airware, DJI Innovations, HoneyComb Corp., Precision Hawk Inc., senseFly, Skycatch Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global drones market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact for more Info:                                           
Ajay Daniel
U.S. +1 646 586 9123
U.K. +44 203 608 5919