Europe Wearable Technology Market is Expected to Reach USD 2545.51 Million in 2019

According to a new market report published by Transparency Market Research “Wearable Technology Market - European Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” this market was valued at USD 308.69 million in 2013, growing at a CAGR of 42.1% from 2014 to 2019 to account for USD 2545.51 million in 2019.

Wearable technology market is a niche market with current domination of a few players. As the technology is new and there are few players, the prices of the products are high. However, the applications of wearable devices are currently spanning across sectors such as fitness and wellness, infotainment, healthcare and medical and industrial and military. Additionally, the applications of these new technology products are expected to increase with further development in the devices, over the forecast period.

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The wearable technology market is segmented by application into fitness and wellness, infotainment, healthcare and medical, and industrial and military. Various products such as smart clothing and smart sports glasses, activity monitors, sleep sensors, smart watches, augmented reality headsets, and monitors in the wearable technology market are further included under these applications. These are further segmented into products with several features. For example, outdoor activity watches have been segmented into watches with altimeter, barometer and compass. Similarly, running watches have been segmented into watches with heart rate monitors and without heart rate monitors. Other products have been further segmented and covered in the report. Among these, the fitness and wellness segment accounted for the highest market share in 2012 and is expected to maintain its position throughout the forecast period due to rising adoption of wearable technology products.

Germany acquired the largest market for wearable technologies with a share of 32% in 2012. Technological innovations presented through various conferences on wearable technologies have created awareness and increased its adoption in the country. An example of such conference is Wearable Technology Conference (WTC) in Germany conducted by Wearable Technologies Service GmbH, a key player in the European market. This conference provides a platform for experts in this industry and further accelerates the growth of wearable technology in this country. In addition, developments are taking place in the field of self powering wearable devices in the country.

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A large number of developments have been taking place in the wearable technology market in UK. In 2014, Wearable Technology Show was held in London which showcased innovative products in wearable technology. Moreover, the UK show also saw an alternative to Google glass, Optinvent Ora. These augmented reality glasses put a see through screen which is three times larger than the Google Glass. Active developments are also taking place in the field of smart clothing. A UK based textile firm Intelligent Textiles develops electrically active woven fabrics for commercial products ranging from body armor to heated bedding and garments connected to iPods. This company supplies its fabric throughout Europe and the United States. Owing to all these technological developments and new product launches, the demand for wearable technology is expected to rise in UK in the coming years and thus the region is analyzed to grow at a CAGR of 41.8% over the forecast period.

Scandinavian region include three countries namely Denmark, Norway and Sweden. Wearable technology market players in these countries are involved in the development of new wearable products through technical innovations. In Sweden, scientists are developing ways to power wearable devices through blood. These devices will use naturally occurring processes in human body to generate electricity. The energy will be stored in biofuel cells and can be utilized to power medical applications of wearable technology. The developments in Denmark and Sweden are steady however; they are expected to increase with the entry of key players in these counties. Thus, the country is analyzed to witness a CAGR of 43.1% over the forecast period of 2014 to 2019.

For better understanding of the wearable technology market, we have included a detailed analysis of the value chain. A detailed Porter’s five forces analysis has been provided for a better understanding of the intensity of competition present in the market. Major market participants profiled in this report include Google Inc. Microsoft, Sony, Samsung, Nike and Adidas among others.

Wearable technology Market: By applications

• Fitness and Wellness
• Infotainment
• Healthcare and Medical
• Industrial and Military

Wearable technology Market: By products

• Smart clothing and smart sport glasses
• Activity monitors
• Sleep sensors
• Smart watches
• Heads-Up displays
• Smart glasses
• Continuous glucose monitor
• Drug delivery
• Monitors
• Wearable patches
• Hand worn terminals
• Augmented reality headsets

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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Global Camera Module Market is Expected to Reach USD 43.06 Billion in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research, “Global Camera Module Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 – 2019,” the global camera module market was worth USD 12.00 billion in 2012 and is expected to reach USD 43.06 billion in 2019, growing at a CAGR of 19.7% from 2013 to 2019. Asia Pacific was the largest market for camera modules in 2012 due to countries such as China, India, Taiwan, Korea, Japan and Singapore supporting their growth. North America was the second largest market.

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The market is primarily driven by increasing application of camera modules in smartphones and tablet PCs, automotive sector and rapidly improving technology in the camera module market. Improvement in smartphone pixels from 5 MP to 8 MP and further above 13 MP is expected to increase the market demand of camera modules globally. As compared to Charge-Coupled Device (CCD) camera module, Complementary Metal-Oxide-Semiconductor (CMOS) camera module is expected to witness higher growth in the coming years. Simplicity of the CMOS camera module circuit and low production cost as compared to CCD camera module is supporting the growth majorly.

Among the several components of camera modules such as image sensor, voice-coil motor (VCM), and filter among others, image sensors play a crucial role. Image sensors used in CMOS camera modules are less expensive and less complex in nature as compared to CCD camera modules. For example, later requires a combination of multiple chips for functions such as automatic gain control, precision zoom, signal processing, and storage functions among others. However, in CMOS module these functions can be input in a single chip. In addition, manufacturing CCD image sensors requires a more specialized manufacturing process which is expensive as compared to CMOS image sensors. With a more integrated solution, the CMOS approach dominates the market at present. On the contrary, CCD is used in niche applications, where optical performance or imager resolution is paramount.

Among different applications, smartphone and tablet PC sector is the largest and is expected to grow at the rate of 21.9% from 2013 to 2019, followed by consumer electronics (excluding smartphone and tablet PC) in 2012. The global shipments of camera modules in smartphones were about 80% of the global market in 2012. The shipment is expected to increase further in the coming years with increase in the number of smartphone shipments. Hence, the rising demand of mobile phones with camera at both ends (front and rear) will further enhance the market growth of camera modules.

Geographically, Asia Pacific held the largest share in the camera modules market and accounted for 60% of the market in 2012 by revenue. China, India, Taiwan, Korea, Japan and Singapore are the major countries supporting the growth of camera modules in Asia Pacific. The leading manufacturers are from these countries supporting its popularity and growth. However, Europe is the second largest market for camera modules and is expected to see growth rate of 19.3 % from 2013 to 2019.

LG Innotek (Korea), SEMCO (Korea), Foxconn (Taiwan), Sharp (Japan), Liteon (Taiwan), Chicony (Taiwan), Toshiba (Japan), Sunny Optical (China), and Primax (Taiwan), among others are the popular players in this market, where LG Innotek enjoys the maximum revenue share at present.

The camera module market has been segmented as follows for better understanding and to formulate winning strategies for the market players:

Camera module market analysis, by sensor type, market size and forecast, 2013 - 2019

o   CMOS Camera Module

o   CCD Camera Module

Camera module market analysis, by application, market size and forecast, 2013 - 2019

o   Smartphone and tablet PC

o   Consumer electronics

o   Automotive

o   Medical

o   Industrial & Security

o   Defense & Space

Camera module market analysis, by geography, market size and forecast, 2013 - 2019

o   North America

o   Europe

o   Asia-Pacific

o   Rest of the World

Browse the full Camera Module Market Report at http://www.transparencymarketresearch.com/camera-module-market.html

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Ms. Sheela AK

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Email: sales@transparencymarketresearch.com

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The Global Energy-Efficient Lighting Technology Market is booming: expected to attain a market size of USD 173.4billion by 2016

According to a new report published by Transparency Market Research “Global Emerging Lighting Technology Market by Correlated Color Temperature (CCT), Application and Geography (2011- 2016)” Global Energy-Efficient Lighting Technology Market is estimated to be USD 118.7 billion in 2011 and expected to reach USD 173.4 billion in 2016 at a CAGR of 7.9% over the period 2011 to 2016. The LED segment is the fastest growing with CAGR14.9% during 2011 and 2016.

Browse full report at: http://www.transparencymarketresearch.com/emerging-lighting-technology-market-by-color-temperature.html

The field of lighting has witnessed remarkable technology improvements in the past few years, especially in the area of compact fluorescent lamps (CFL) and solid state lighting. Conventional incandescent bulbs are expected to reach obsolescence with the onset of CFL and LEDs (light emitting diodes). LED lighting is enjoying robust growth because of its exceptional features that include high energy-efficiency, long operational life and robust weather resistant design. Lighting accounts for about 18% to 20% of total energy consumption globally; and about 27% to 30% of total energy consumed for domestic purposes. LED lighting applications are likely to see double-digit growth with the highest market share in overall lighting market post 2020. On the contrary, growth of office and industrial applications of LED lighting will be slower due to the existing high penetration of cost-competitive CFLs and fluorescent lamps.

Compact fluorescent lamps (CFL) are about 70% more energy efficient than incandescent light bulbs. The advantages of CFL include improved light quality and longer operational life in comparison to incandescent lamps. Additionally, CFLs give healthier concentrated light than linear fluorescent and their sizes are just about one-fourth of the size of conventional fluorescent lamps.  CFLs help fight global warming as their electricity consumption is appreciably lower than that of incandescent bulbs. Each CFL is expected to slash carbon dioxide emissions by about 1,300 lbs. over its lifetime. CFLs cost a little more up front, but still offer more savings than incandescent bulbs by using less electricity. Full spectrum fluorescent lighting may also benefit the immune system, and thus improve general health and well-being.

In overall lighting technology market, LED is the fastest growing market at a CAGR of 14.9% from 2011 to 2016, because of the increasing applications of LED lighting that includes residential lighting, decoration, signal indicators and display backlighting. The U.S. is expected to be the biggest market of LED in 2016; however Asian region will witness the highest growth rate at a CAGR of 16.6% from 2011 to 2016.In the overall LED market by Correlated Color Temperature (CCT), the 5000K – 6500K segment accounted for the largest market share at over 40% revenue share followed by 2700K – 3000K segment at around half of the revenue share as compared to the 5000K – 6000K segment in 2010. The 5000K – 6500Ksegment is also expected to grow fastest at a CAGR of 15.8% from 2011 to 2016.

Scope and Overview

The objective of the study on “Global Emerging Lighting Technology Market by Correlated Color Temperature (CCT), Application and Geography (2011- 2016)” is to gain detailed market insights forkey energy-efficient lighting technologies that include Light Emitting Diode (LED), Fluorescent and Compact Fluorescent Lamp (CFL). The market is analyzed on the basis of growth trends, ongoing developments, market penetration and revenue share.The report also covers the strategies followed by “Global Emerging Lighting Technology Market by Correlated Color Temperature (CCT), Application and Geography (2011- 2016)” players.

Segmentation & Analysis

The report segments and analyzes the “Global Emerging Lighting Technology Market by Correlated Color Temperature (CCT), Application and Geography (2011- 2016)” on the basis of following sub-categories:

• Geographic Markets
  • U.S.
  • Europe
  • Asia
  • ROW

This section provides in-depth analysis of “Global Emerging Lighting Technology Market by Correlated Color Temperature (CCT), Application and Geography (2011- 2016)” that includes market size and growth forecast for each geography, driving factors, challenges and opportunities prevailing in the particular geography.

• Enegy-Efficient Lighting Technology
  • Light Emitting Diode (LED)
  • Compact Florescent Lamp (CFL)
  • Florescent

This section provides in-depth analysis of Energy-Efficient Lighting Technology market size and growth forecast for each sub segment, driving factors and challenges prevailing in the overall and at the micro market levels, and opportunities and future outlook for all the levels.

• Correlated Color Temperature (CCT)
  • 2700K-3000K
  • 3500K
  • 4000K/4100K
  • 5000K-6500K
  • 6500K+

This section provides in-depth analysis of all the Energy-Efficient Lighting Technologiesmarket size and growth forecast for each correlated color temperature levels and opportunities and future outlook for all the levels.

• Market Overview& Trends analysis

This section analyses the lighting usage pattern, consumer preferences, lighting issues, lighting cost analysis, energy-efficient lighting cost saving potential analysis, performance analysis, and influence of color temperature on mood and lighting applications.

• Company Profiles of Top Players

This section provides brief overview of top market players in the “Global Emerging Lighting Technology Market by Correlated Color Temperature (CCT), Application and Geography (2011- 2016)”. The profile of each company includes brief overview, key financials, product & services, recent developments and key strategies adopted by the player.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

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Tel:             +1-518-618-1030      

USA – Canada Toll Free:             866-552-3453      

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