Global thermometer market slated to grow between 2014 and 2018

Global demand for thermometers is forecasted to grow at 6.2% p.a. between the period 2014 and 2018. Germany, China, Belgium, United States, Bangladesh are considered the markets with the highest prospective and potential.

This report, Global Thermometer Market to 2018 - Market Size, Top 10 Countries, Trends, and Forecasts, provides a detailed analysis of the market and focuses on the recent developments of the global thermometer market.


Market overview

According to recent research, the global thermometer industry is forecasted to grow by 6.2% p.a. in the coming years. The period between 2007 and 2013 saw an increase of 8.4% annually. Presently, the liquid filled thermometers account for 8.6% of the total global demand while other thermometers in the market have recorded a 91.4% share.


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Global demand for increased productivity fuelling the growth of robot industry

In 2013, robot sales increased by 2% but from 2014 to 2016, the industry will see worldwide sales increase by about 6% on average per year. Some of the forces that are fuelling the growth of the robot industry are large capital investments in various service robotics companies, integration of robotics with mobile applications, technology and other smart products, government initiatives in robotics development and value addition done by these advanced machines. Despite such growth prospects, certain factors like the lack of networking in robots, sensors, user safety issues and interaction capabilities with the world are restricting growth. However, the key players of the market see great potential, especially in places where robots increase the production capabilities of the industry. The industry is categorized into service robots and personal ones. Both are then divided as per their application in other markets and other usages.

This report, The Rise of Machines: Technology & Market Trends of Service Robots, provides an overview of the service robot technology, including both professional and personal service robots, and the function of each component system of a service robot. It also gives a brief outlook for the sales volume and value of the worldwide service robot market from 2010 to 2016.


Growth in service robotics sector

All through this decade, the service robotics will evolve with advanced interaction capabilities, including mobility. The new robots were now able to respond to vocal commands or gestures and move independently around living space. In coming years, service robots’ evolution is expected to continue. The global service robotics market in 2011 was worth USD 18.39 billion and USD 20.73 billion in 2012. It is expected to reach USD 46.18 billion by 2017 at an estimated CAGR of 17.4%. The service robotics industry will be driven by factors like ageing population, value enhancements by robots, increased grants and funds by governments, and increased capital investments. Furthermore, advancements in complementary technologies and integration of robotics in smart products are some of the other factors that are fuelling the growth of the service robotics sector.


Market overview

Most of the robotic technology is based on platforms that leverage sensors, controllers, software modules, cameras, locomotors, and visualization machines. Automation is a process where there is a repetition of some tasks and robots take them a step further by improving yields and increasing the production levels. Since the robotic technology is developed to meet stringent hygiene and safety regulations, it will be opening up doors for completely new applications where they will be physically capable to handle even the most arduous of tasks.

The global demand for robots is expected to increase by 10.5% annually. Five countries like US, Germany, China, Japan and South Korea are expected to dominate the demand with US having the largest market share.


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Dominance of Indian IT service sector fueling growth of India software testing market

Emerging economies are increasingly focusing on quality assurance for their growth and competitive advantage. With the Indian market showing high potential in the software testing field, almost all major IT companies have started investing in software testing services in India in order to capture the market and reap benefits.

This report, Software Testing Market in India 2014, states that India has become one of the major destinations for outsourcing software-testing services owing to the availability of a cost-effective talent pool. An increasing number of software development companies are outsourcing their software testing work to India owing to a rise in demand for software-testing services. This high demand is generated in order to prevent software bugs that result in huge losses for companies. The US is a key market for big Indian testing vendors, followed by Europe and Middle East.


Market overview

The outsourced software-testing market comprises both traditional and independent testing services (ITS). ITS gained more popularity as enterprises aren’t required to invest in expensive hardware and software. Leading software testing companies in India provides facilities and centers of excellence for ITS. Currently, about 180,000 people are employed in this field in India.

The growth of the software testing market is supported by the strong presence of the IT services sector in India. The growing maturity of Indian vendors allows consistent high quality-service delivery and better user-defined standards. Demand for testing services is growing fast with rapid evolution of vendor capabilities in the last two decade. Rising adoption of different growth strategies by testing vendors will help them differentiate from other abundant service providers. The Indian software testing market will witness further growth owing to the recent government initiatives in IT and ITeS sector.

However, the industry has also some pressure points. Even though India is known for its IT expertise, it still lacks enough educational and training focusing on software testing. Agile software development with poor testing may lead to poor coding, thereby escalating risk of errors. Further, rising competition from other low-cost nations pose a threat to India’s dominance in the testing industry.

Currently the software testing market senses the need for mobile application testing owing to rapid growth of mobile phone applications. Also, the industry is witnessing the trend to shift towards cloud-based testing, testing-as-a-service, automated testing and testing in domain-specific niche services.


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SOURCE:  Researchonindia.com

Cost advantage over traditional calling services driving the Indian VoIP market

Burgeoning broadband penetration and rising mobile device adoptionin India drives the demand for VoIP. Voice over Internet Protocol, popularly known as VoIP, initially witnessed adoption among enterprise users with the objective to reduce communication cost, especially for long distance calls and audio conferences. As smaller companies began to look for business from other countries, the need was no longer restricted to big enterprises. Average Internet speed in India rose to 1.3 Mbps from 1 Mbps in 2012. Advancement in the field of broadband internet service and increased adoption of smartphones, tablets and PCs led to embracement of VoIP services amongst general consumers.

This report, VoIP Market in India 2014, provides qualitative analysis of the major drivers and challenges affecting the market.


Market overview

Security aspects of VoIP have been one of the primary reasons why Indian regulatory bodies have not authorized unrestricted VoIP in the past, but the Telecom Commission has given the green signal to VoIP under the National Telecom Policy 2012.This provides huge opportunity for the VoIP service providers in India. The government is, however, looking to mandate the establishment of local servers with the aim of eliminating security breaches or misuse of VoIP services. With Q4 2013 posting a 7% quarter to quarter growth of Internet telephony minutes of usage, the market prospect for VoIP services looks prosperous in the coming years.


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Research on Global Markets is a leading source for market research on various sectors globally, offering premium research content from worldwide publishers of market research reports. Our database hosts premium market research content developed by global publishers. It offers premium industry research reports, company profiles and country briefs. We have a dedicated team of research professionals who can facilitate, in an unbiased manner, the process of identifying appropriate market research reports that are targeted to fulfill all your information-related requirements.


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SOURCE:  Researchonindia.com

The global LED display market growth is expected to decline in the coming years

The global display applications market is expected to register USD 164.24 billion by the year 2017. However, the LED display market is witnessing decline at a CAGR of 3.1%.

This report: Global LED Display Market 2014-2018 provides a detailed analysis of the market and focuses on the major players, recent developments and key drivers of the global LED display market.


Market overview

According to recent research, the market for conventional display is not expected to grow in the coming years. This includes the LED display market.

The key players in the LED display market include Cree, Nichia, OSRAM Opto Semiconductors, Philips Lumileds Lighting, Seoul Semiconductor, China Electric, Everlight, General Electric, LG Innotek, Panasonic, Samsung, Sharp, Tatung, Toshiba and Toyota Gosei.


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Research on Global Markets is a leading source for market research on various sectors globally, offering premium research content from worldwide publishers of market research reports. Our database hosts premium market research content developed by global publishers. It offers premium industry research reports, company profiles and country briefs. We have a dedicated team of research professionals who can facilitate, in an unbiased manner, the process of identifying appropriate market research reports that are targeted to fulfill all your information-related requirements.


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Increased demand from processed industries is driving growth in the global industrial gas market

The global industrial gas market is expected to reach USD 101.9 billion by the year 2016. One of the key drivers of the industry includes growing demand from processed sector. Along with this, rising demand for integrated industrial gas distribution is also fuelling growth in the market.

This report: Global Industrial Gas Market 2014-2018 provides a detailed analysis of the market and focuses on the major players, recent developments and key drivers of the industrial gas market.


Market overview

Research on the industrial gas industry has found that although the market is witnessing growth, there are few challenges with regards to environmental regulations. The market has huge potential in countries like Russia, Korea, India, China and Brazil. Rising urbanization and growth of GDP in these countries are among the reasons for growth in this market.


Key players

Air Liquide, Air Products and Chemicals, Linde, Praxair, Airgas Water, Air Water, Alexander Chemical, American Gas Group, Aneka Gas Industri, BASF, Cosmodyne, Foster Wheeler, Gulf Cryo, Messer Group, Mitsubishi Gas Chemical, Nikko Sanso, NuCO2, Ozono Elettronica Internazionale, Praxair, RegO Products, Samator, Scott Speciality Gases, Scottish Chemical Industries, Servomex Group, Showa Tansan, Sociedad Española de Carburos Metálicos, Special Gas Service, Spectra Gases, Taiyo Nippon Sanso, Toll Gas and Welding Supply, Universal Industrial Gases, Uttam Air Products, Valley National Gases and Voltaix.


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The global e-book market is expected to grow due to strong demand for tablets

E-book sales are expected to reach a whopping USD 9.7 billion worldwide by the year 2016. The E-book market is forecasted to grow at a CAGR of 19.81% over the period 2014-2018.

This report: Global e-Book Market 2014-2018 provides a detailed analysis of the market and focuses on the major players, recent developments and key drivers of the global e-book market.


Market overview

Demand for tablets all over the world is expected to drive growth in the market. According to recent research, almost 30% of all the E-books in 2016 are expected to be downloaded to tablets. Existing brick and mortar stores are also fuelling growth in the transition from print to digital. The number of E-book store apps is also increasing at an alarming rate. Currently, most E-books are downloaded to mobile handsets.


Key players

The key players in E-book market include Amazon.com Inc., Apple Inc., Barnes & Noble Inc., Kobo Inc., Google E-books, Smashwords, Lulu, Omnilit, Readups and E-books.com.


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Research on Global Markets is a leading source for market research on various sectors globally, offering premium research content from worldwide publishers of Global Market Research reports. Our database hosts premium market research content developed by global publishers. It offers premium industry research reports, company profiles and country briefs. We have a dedicated team of research professionals who can facilitate, in an unbiased manner, the process of identifying appropriate market research reports that are targeted to fulfill all your information-related requirements.


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