Wireless EV Charging Market – The Increase In Demand For Electric Vehicle

Wireless charging is also known as conductive charging or cordless charging. Wireless charging is done by using an electromagnetic field to transfer energy between two objects or points through electromagnetic induction. It is highly imperative to have a charging station to execute the wireless EV charging. Considerable research has been done in the electric vehicle (EV) wireless technology for the last decade, as electric vehicles are expected to be an essential part of the future of the automotive industry. The amount of money spending trends on electric vehicles (EVs) can be interpreted by the fact that even sports car manufacturers, such as McLaren, Ferrari, and Porsche, have started combining electric engines along with their supercharged petrol engines, to make their cars environmental-friendly. Companies, such as Qualcomm, are leading the change to develop feasible wireless charging technologies. Several car OEMs, such as Volkswagen, Renault, Ford, Nissan, Toyota, BMW, Audi, Daimler, and Maserati are spending significantly on R&D activities of this technology.

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The latest trend to gain momentum in the market is a novel wireless dynamic electric vehicle charging (DEVC) system at super speeds demonstrated by Qualcomm. This new system has potential to charge an electric vehicle dynamically up to 20 KW at the speed of 100 km/h.

Honda, a major player in the field of wireless charging, is undertaking R&D activities to develop a new dynamic charging technology. The company is evolving a new system that can allow dynamic charging at a power of 180kW (300A, 600DC) when the electric vehicle is travelling at a speed of 160km/h.

Key factors driving the wireless electric vehicle charging market are the increase in demand for electric vehicle, rise in oil prices, global warming, increasing infrastructure for fast or dash chargers, and rising consumer demand for convenience features. The U.S Energy Department announced up to US$ 4 Mn to develop wireless chargers for electric vehicles. This funding is estimated to accelerate the development of wireless charging technology, during the forecast peiod, to provide automated charging of parked vehicles, which can ensure easy and efficient vehicle charging. The partnership between the Germany-based automotive giant Daimler AG and Qualcomm to test wireless charging technologies for both, in-car charging applications and wireless charging of electric vehicles is a major leap in the automotive wireless EV charging market.

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Asset Integrity Management Market is driven due Climatic Changes

Global Asset Integrity Management Market: Snapshot

The global asset integrity management market is foreseen to gain growth due to the decline in oil and gas prices raising the demand for the maintenance of company plants and assets across various industries. New offshore fields requiring asset integrity management in deep waters could also be a major factor augmenting market growth. Nondestructive testing (NDT) inspection is expected to be a significant type of service garnering a massive share in the coming years. It has been considered to be one of the most vital techniques of quantifying and identifying subsurface and surface defects. Over the last decades, NDT has evolved substantially and benefited a number of industries on the part of the inspection and testing of several devices.

The burgeoning size of the oil and gas industry is prognosticated to augur well for the global asset integrity management market. Asset integrity management services could be highly used to keep track of maintenance protocols and ease up inspection processes in the industry. The need for asset integrity management could increase in the near future due to the rising awareness about mitigating capital outlay in oil fields. The rise of the aerospace industry could also prove to be crucial for the growth of the market as overhaul, repair, and maintenance providers continue to increase in regions such as Asia Pacific that carry a growing inclination toward air travel.

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Although some of the key players of the global asset integrity management market could face challenges during their operation, specific strategies such as acquisitions, expansions, contracts, agreements, and product launches are envisaged to save the day. These could prove to be essential for expanding their business and improving their regional presence in the market. Adoption of new technologies and the rapid growth in the power industry could also be focused upon to cash in on lucrative prospects in the market.

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Asset integrity management (AIM) ensures the desired performance of an asset effectively and efficiently at every stage of its lifecycle. It manages the risk of failures as well as events in design, construction, and during operation of facilities. It ensures optimal production and protection of the environment in addition to human life. Different industries including oil & gas, mining, and power are handling assets through asset integrity management in order to ensure reliability, safety, regulatory compliance, and technical integrity of their assets. The significance of effective asset integrity management increases as the assets of an industry grow in age. Asset integrity management programs focus on structural integrity, mechanical & machine integrity, and control systems integrity, owing to which, the asset owner’s uptime is increased, operating expense (OPEX) is reduced, and business performance is improved.

Digital Body Thermometer Market – Increasing Fitness Awareness

Digital body thermometer also known as medical thermometer is a device used to measure body temperature of a human or an animal. Digital body thermometers are usually considered more accurate than traditional analog mercury thermometers; however studies published by National Center for Biotechnology Information, U.S. National Library of Medicine shows that there is no significant difference between accuracy of both traditional and digital body thermometers. Unlike traditional thermometers which use mercury to detect temperature, digital thermometers are completely mercury free. In analog mercury thermometers, a person needs to take a look at the analog bar and the mercury level inside the thermometer to detect the temperature displayed by a thermometer. In a digital body thermometer, manual reading is not required; it uses digital display to show the digits. Temperature measured by digital body thermometers are usually displayed in Fahrenheit or Celsius. Many digital body thermometers come with additional features such as memory to store the temperature readings and battery charging. Some of the digital body thermometers have charging features while others come with one time battery. Average time required to detect the accurate temperature of the body is around three minutes in both traditional as well as digital body thermometers.

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Increasing fitness awareness is one of the key drivers for digital body thermometers. These days, people prefer to buy gadgets that help them to be updated about their health conditions while others prefer to visit the medical practitioner on a regular basis. Body temperature is one of the key indicators of health. People who like to keep regular track of body temperature are likely to buy digital body thermometers. Increasing visits of people to medical practitioners is also likely to increase the demand for digital body thermometers in the near future.

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One of the key restrains for the digital body thermometer market is rising number of mobile handsets with infrared sensors and cameras. Mobile handsets equipped with infrared sensors and cameras can be used to detect the body temperature. Special software designed for temperature detection identifies when the camera is at the right distance from the body surface and quickly captures infrared radiations emerging from the body to detect the temperature. Currently smartphone adoption rate in developed as well as developing countries is very high. Increasing number of mobile handsets with built-in infrared sensor is expected to limit the growth of the digital body thermometer market in the near future; however, digital body thermometers are inexpensive and hence fitness enthusiasts are likely to prefer digital body thermometers over mobile handsets. Also, professional medical persons need to use digital body thermometers to maintain their professional status.

MEMS in Medical Application Market to Register Growth at 20.2% CAGR due to Increasing Healthcare Expenditure

According to a recently published report by Transparency Market Research, the global market for micro electro mechanical systems, or MEMS, in medical applications is set to register growth at a whopping 20.2% CAGR during the forecast period from 2013 to 2019. The report is titled “MEMS in Medical Applications Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”. As per the findings of the report, the global MEMS medical application market, which stood at US$1.8 billion in 2012, is expected to reach US$6.5 billion by the end of 2019.

Browse the full MEMS In Medical Applications Market (Applications – Diagnostic, Monitoring, Therapeutic & Surgical, Sensor types – Pressure, Temperature, Microfluidics, Accelerometers, Flow and End Users – Home healthcare, Hospitals and Healthcare Research) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019 report at https://www.transparencymarketresearch.com/mems-medical-applications.html

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The publication states that increasing healthcare expenditure, compounded by a rise in the global geriatric population, is driving the demand for MEMS in medical applications. Additionally, consumers around the world are increasingly demanding rapid means of diagnosis with minimum turnaround time. This has compelled leading vendors of medical devices to focus on the production of a single platform that can perform multiple diagnostic examinations efficiently. The report provides a comprehensive overview of the market and focuses on factors that producers should capitalize on in order to enjoy manufacturing advantages. It suggests that by leveraging the benefits inherent to MEMS, vendors will be able to produce more compact consumption connectors that can deliver high performance even on low power. Governments of various economies have realized the potential of introducing nanotechnology in the production process and MEMS in the healthcare industry. These factors have encouraged the global MEMS industry to provide the best market solutions.

The report has segmented the MEMS in medical applications market into diagnostic devices, medical devices, surgical devices, and therapeutic devices on the basis of their use. The therapeutic devices market is expected to register the highest growth owing to the increased use of intrathecal pumps and other methods of drug delivery such as insulin delivery pumps. The market is also divided in terms of MEMS sensors, which includes sensors meant to monitor temperature, flow, pressure; accelerometers and gyroscopes; and optical sensors. According to the report, pressure sensors accounted for the largest share in the market with US$486.0 million in 2012 and are also expected to register robust growth at a 18.7% CAGR over the forecast period.

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Global Distributed Energy Generation Systems Market to Register 6.70% CAGR between 2012 and 2018

Transparency Market Research, a global market intelligence firm, has recently published a new market research study made available on the company website. The research study, titled “Distributed Energy Generation (DEG) Systems Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 – 2018,” presents a detailed analysis of the global distributed energy generation (DEG) systems market.
Browse the full Distributed Energy Generation (DEG) Systems Market for CHP, Solar Photovoltaic, Wind Turbine and Fuel Cells in Residential, Building, Institution and Commercial Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 – 2018? report at https://www.transparencymarketresearch.com/distributed-energy-generation-market.html

According to the research report, in 2011, the global DEG systems market was worth US$99.7 bn and is estimated to reach a value of US$155.8 bn by the end of 2018, exhibiting a healthy 6.70% CAGR between 2012 and 2018. In addition, in 2011, the annual installation capacity of DEG was 81,875.7 MW and is projected to be 180,093.6 MW by the end of 2018, exhibiting a substantial 11.90% CAGR between 2012 and 2018.

Distributed energy generation systems make use of renewable energy sources such as biomass, wind power, small hydro, solar power, biogas, and geothermal power. DEG systems plays an important role in electric power distribution system. The shift in preference towards green energy is one of the major factors that are encouraging the demand for DEG systems across the globe. Moreover, the opportunity in developing nations and development of eco-friendly DEG systems are the key opportunities for the growth of the market.

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The global DEG systems market has been segmented on the basis of technology into fuel cells, solar photovoltaic, wind turbines, reciprocating engines, combined heat and power, and micro-turbines. In 2011, the combined heat and power segment dominated the overall market, holding a 48% share in the global DEG systems market. By application, the global DEG systems market is categorized into off-grid and on-grid segments. Presently, the on-grid segment leads the DEG systems market, whereas the off-grid segment held a 1% share in the global market. Some of the major applications of DEG systems are buildings and institutions, residential, and commercial and industrial installations. Among these, in 2011, the commercial and industrial installations segment dominated the market, holding a 74% share in the global DEG systems market.

The global DEG systems market has been classified on the basis of geography into the Middle East and Africa, Europe, North America, Asia Pacific, and Rest of the World. In 2011, the Europe market led the overall market, holding a 39% share in the global DEG systems market. Europe is followed by Asia Pacific owing to the adoption of financial incentive schemes in several countries such as Japan, India, and China, where low production cost is encouraging the demand for DEG systems. Similarly, North America is estimated to grow at a fast pace owing to the increased adoption of PV technology to generate electricity in the entire region. The North America market is projected to reach a value of US$37.33 bn by the end of 2018. The Middle East and Africa DEG systems market is also expected to witness substantial growth throughout the forecast period owing to the increasing demand for energy.

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Global Camera Module Market to Reach US$43.06 bn by 2019

Transparency Market Research has announced the publication of a new report on the global camera module market. The report, titled “Global Camera Module Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 – 2019”, is available for sale on the company’s website. This report gives the readers a 360-degree view of the entire market and the factors that are influencing it in a significant way.

Browse the full Global Camera Module Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 – 2019 report at https://www.transparencymarketresearch.com/camera-module-market.html

The global camera module market is witnessing a radical change for the better, growing with every technological advancement. In the coming years, the global camera module market is expected to grow at a noteworthy rate due to the increasing usage of tablet PCs and smartphones, coupled with the growing demand for better pixel clarity. As more and more smartphone users are realizing the power of good phone cameras and the possibility of high-quality imaging through them, they are collectively changing the face of the global camera module market. In addition to this, the influx of mobile applications for social networking and communicating via email are also encouraging the growth of the global camera module market in direct and indirect ways.

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According to the report, the global camera module market was valued at US$12.0 billion in 2012 and is expected to reach US$43.06 bn by 2019, growing at a CAGR of 19.7% between 2013 and 2019.

The global camera module market is segmented on the basis of types of sensors, applications, and region. The types of sensors in the global camera module market are CCD camera modules and CMOS camera modules. The application of camera modules is seen in consumer electronics such as smartphones and tablet PCs, the automotive industry, the medical industry, the industrial and security sectors, and the defense and space industries. Regionally, the global camera module market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

2012 saw the smartphones segment account for more than 80% of the demand for camera modules. Analysts predict that the smartphones application segment will grow at a CAGR of 21.9% between 2013 and 2019. This incredible growth rate can be attributed to the increasing popularity of smartphones that are enabled with both front and rear cameras. As the Asia Pacific region has the maximum number of camera module manufacturers, this regional market will witness a prolific growth rate. It will continue its dominance in the global camera module market just as it did in 2012 with a market share of more than 60%.

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Global Electronic Recycling Market Exhibiting 23.0% CAGR 2013-2019, Europe Emerges as Leading Regional Market

In a report published recently, Transparency Market Research (TMR) provides insights into the growth drivers and restraints impacting the global electronic recycling market. The report is titled “Electronic Recycling Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019” and is available on the company website for sale. Based on the findings of the survey conducted, the report pegs the global market for electronic recycling market at US$9.8 bn in 2012. Rising at an impressive CAGR of 23.0%, the market is likely to reach US$41.3 bn by the end of 2019. In terms of volume, the global electronic recycling market, which stood at 48.4 mn tons in 2012, will reach 141 mn tons in 2019.

Browse the full Electronic Recycling Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019 report at https://www.transparencymarketresearch.com/electronics-recycling-market.html

The purchase of electronic products has tremendously risen in the last few years. This, coupled with the mounting government concerns over disposing e-waste, favorable industry regulations and certifications, and urban mining are the key factors boosting the global electronic recycling market. The report provides a comprehensive overview of the market by segmenting it on the basis of the type of processed material, source of equipment, type of equipment processed, and geography.

In terms of processed material used as stock, the global electronic recycling market is segmented into copper, steel, plastic resins, and others (including lead, zinc, nickel, aluminum, gold, silver, and tin). Of these, the segment of steel accounts for the majority share in the market. Based on the type of equipment processed, the market is classified into computers, industrial, telecom, consumer, and others. Since computers, among these, have the lowest average lifecycle, the segment dominates the global electronic recycling market.

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On the basis of source of equipment, the report segments the market into residential users, industry users and manufacturers, schools and universities, the commercial sector, and government agencies. Of these, the commercial segment held the largest share in the global electronic recycling market in 2012.

Regionally, the global electronic recycling market is spread across Asia Pacific, Europe, North America, and Rest of the World. Europe, according to the report, leads the market, followed by North America. The dominance of Europe is largely due to the effective enforcement of stringent regulations mandating the recycling of e-waste. Directives such as the Restriction of Hazardous Substance (RoHS) and the Waste Electrical and Electronic Equipment (WEEE) have been imposed in Europe, which has given a significant boost to the electronic recycling market in the region. South Africa, as per the report, is also fast emerging as a lucrative market, given the country is already a dumping ground for e-waste generating in several developed countries. Other emerging nations such as India, China, and Pakistan also hold immense potential for growth in forthcoming years, states the report.

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