ReleaseWire Connect

Since the recent past, a continuous debate on wired vs wireless security system has been an ambiguous one, which has been continuously influencing the growth of wireless security system market. With the advent of wireless security system superseding wired one, a few setbacks are making them susceptible to various reliability issues amid customers. On the contrary, wireless security system market has been receiving an overwhelming response from the customers on the back of tons of benefits offered. A notable demand for cutting-edge technology across various applications is foreseen to push the growth of wireless security system market.

The intrusion alarm system market is expected to rise with significant market presence amidst the emerging market for video surveillance and access control systems. Growing application of intrusion alarm system in residential, commercial, and industrial infrastructure has propelled adoption of intrusion alarm system. Further, the intrusion alarm system market is marked by a variety of reliable and affordable security solutions suitable to modern and affluent consumers. Implementation of effective technologies such as sensor systems, wireless technology and IoT in the design of intrusion alarm system has further enhanced the efficiency and reliability of these alarms. Advances in sensor technology such as long-range passive infrared detectors and radar technology have increased the penetration of perimeter security. On the same lines, thermal radar systems are made efficient and cost-effective using thermal sensors with extended detection diameter of people and vehicles. Advances as such have broadened the consumer base of the intrusion alarm system market.

Air heaters find a variety of applications in residential, commercial or industrial. While residential and commercial applications use air heaters room heaters or HVAC system, industrial application include drying, melting, preheating, calcining, and other chemical processes. As infrastructures are transforming worldwide, demand for central heating systems has propelled air heater installation, in turn, driving the air heater tubes market. In Industry, air heaters are utilized in applications such as packaging, automotive, plastics, rubber, electronics and textile. Rapidly growing semiconductor industry also utilizes air heaters. As air heaters find divergent applications in multiple industries, steady demand for air heater tubes is expected to fuel the growth of the air heater tubes market. Growing adoption of renewable energy sources has led to rising installation of solar air heaters, in turn, presents lucrative opportunities for the air heater tubes market. Broader application of solar thermal systems in multiple commercial applications including building, agricultural, and industrial drying is likely to push the adoption of air heater tubes in future. Intense applications of air heaters in multiple process industries including oil & gas, power generation, food processing, water treatment, petrochemical, and food processing among many others are expected to fuel the process of the air heater tubes market. An extensive list of end users that utilize air heaters present gainful prospects for the air heater tubes market in the foreseeable future.

Fact.MR has announced the addition of the “ Pallet Tines Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2027"report to their offering.

Fact.MR has announced the addition of the “ Steam Duct Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2027"report to their offering.

With seaborne trade gaining importance in terms of economic development of a nation, government organizations are largely investing in harbor deepening activities worldwide. A deeper harbor can accommodate heavy and large container ships allowing expansion of trading activities in the respective region. This has gained higher significance against the backdrop of a beleaguered scenario of international trade due to the China – United States trade war. Although the possibility of improving this condition is true, it is also likely that this scenario can have a throwback on the harbor deepening market, given the likelihood of reduction in shipping activities.

Heavy equipment designed today for industrial applications have a unique design and exceptional quality. However, challenges still arise due to the environment and situation it is being operated in. Most of the heavy equipment are equipped with basic accessories. Hence, there has been a growth in the demand for lighting accessories that can be mounted on the equipment and can run on its own electrical system. The manufacturers of heavy equipment lamps are focusing on providing lighting depending on the use of equipment with the focus on safe operation. One of the challenges in the heavy equipment lams is fragile nature of the standard lighting system. Hence, manufacturers are focusing on introducing the bulbs and lighting system that can operate in wet, dusty and other conditions. Heavy equipment and machinery are using LED lights as it offers several benefits such as brightness, zero maintenance, and durability. Multiple size and mounting options are also offered to ensure that light can be attached to very large or small equipment. Governments around the globe are also passing stringent regulations on the energy efficiency requirements, thereby boosting energy-efficient lighting technologies.

Size of the outdoor power equipment market was evaluated at US$ 38.969.5Mn in 2017, according to a new Fact.MR study. Revival construction industry has played a vital role in accelerating the demand for the outdoor power equipment globally. Owing to high population densities, emerging economies like China and India are expected to show some of the highest growth rates in construction over the next decade. The study envisages the outdoor power equipment market to record a moderate 3.5% CAGR through 2028.

A new report by Fact.MR has slated that the global generator market will ride on an average 4.5% CAGR, in terms of volume, during the forecast period (2017-2026). In terms of value, sales of generator across the globe are poised to reach approximately US$ 39,000 Mn in revenues by 2026-end.

Increasing proliferation of Internet of Things (IoT) coupled with growing digitization in the retail sector continue to influence the growth of the electronic shelf label market. Persistent growth in the retail sector has resulted in a meteoric expansion of retail outlets, particularly supermarkets and hypermarkets across key developed and emerging economies worldwide. Fact.MR foresees that the demand for electronic shelf label is projected to expand at a stellar pace with a CAGR of 21.5% in terms of value throughout the period of forecast, 2018-2026. Sales of electronic shelf label are estimated to cross US$ 1,700 Mn by end of 2026 on the back of surging growth in the retail sector worldwide, says the report.