Growth and Factor of Surge Protection Devices Market 2014 - 2020

According to a new market report published by Transparency Market Research "Surge Protection Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020," global surge protection devices market was valued at USD 1,890.5 million in 2013; growing at a CAGR of 5.6% from 2014 to 2020 to account for USD 2,808.6 million in 2020.

Increase in the usage of high technological electrical equipment with rise in disposable incomes and the reduction in maintenance costs, delays and data loss are the prime factors driving the surge protection devices market. The increasing demand for highly technological and sophisticated appliances such as LED televisions and personal computers are rising rapidly. These devices are very sensitive and could be easily damaged by small fluctuation in the voltage. In order to protect these devices from the power surges or spikes, the demand for surge protection devices is increasing.

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Line cord devices held the largest market revenue share accounting to USD 650.3 million in the year 2014. The hard wired devices segment is expected to grow at a faster rate than the other segments, as it protects against transients that come through utility power lines. Hard wired devices can prevent transients that originate from electrical circuits and further prevent it from affecting other circuits attached to it. Growing business and rapid industrialization in the emerging economies of Asia-Pacific and the Rest of the World region are further expected to drive growth in the surge protection devices market over the forecast period from 2014 to 2020.

The industrial segment led the surge protection devices market in 2014 accounting for USD 763.2 million. The dominance of this segment is due to growing industrialization in emerging countries across the globe. The increasing automation in both manufacturing and processing industry has increased the demand for surge protection devices in the industrial machineries and equipment. Commercial sector is analyzed to be the fastest growing application segment for surge protection devices and is expected to attain a significant growth in the coming future. The commercial sector is expected to grow with a CAGR of 6.3% over the forecast period from 2014 to 2020.

Geographically, North America led the global surge protection devices market by accounting for USD 801.9 million in 2014. Although the market is expected to witness least growth rate as compared to other regions, the region is expected to continue its dominance in 2020. Asia Pacific is expected to witness the fastest growth rate compared to other regions over the next six years. The growing demand for new sophisticated electrical devices such as washing machine, microwave ovens and LED televisions among others in countries such as Indonesia, India and Cha is significant which increases the demand for surge protection devices. Thus, the region is expected to grow at a CAGR of 6.4% over the forecast period from 2014 to 2020. Europe and Asia-Pacific collectively account for almost half of the global market revenue share.

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The report provides company market share analysis of the various industry participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of surge protection devices. Major market participants profiled in this report include Schneider Electric, Eaton Corp., Emerson Electric Co., GE Industrial Solutions and Phoenix Contact GmbH. among others.

Surge Protection Devices Market: By type

• Plug-in devices
• Hard wired devices
• Line cord devices
• Power control center

Surge Protection Devices Market: By application

• Commercial
• Industrial
• Residential

Surge Protection Devices Market: By geography

The report also provides a cross-sectional analysis of all the above segments with respect to the following regions:

• North America
• Europe
• Asia Pacific
• Rest of the World

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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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Curved Televisions Market - An Overview of Growth Factors 2013 - 2019

The Curved Televisions Market was valued at USD 0.14 billion in 2013 and is expected to reach USD 8.4 billion by 2019, growing at a CAGR of 96.7% from 2013 to 2019. North America was the largest contributor to the global curved televisions market in 2013, which accounted for around 53% revenue share. The rest of the world region is expected to be the fastest growing market for curved televisions during the forecast period from 2013 to 2019 followed by Asia-Pacific with CAGRs of 147.6% and 111.3% respective. The enhanced features and reducing prices of LED televisions across the globe are the major factors driving the market growth.

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The advanced features offered by curved televisions such as innovative designs ultra high definition (UHD) resolution, 3D compatibility, high contrast and less reflection, auto depth enhancer and uniform viewing distance encourage customers to purchase curved televisions, thus driving the market growth. Additionally, the LED and OLED technology used in curved televisions offer high energy efficiency, environment friendliness and durability, and thus require less operational cost. As a result, several commercial organizations are opting for curved televisions.

At present, the market for curved televisions is only limited to high class shopping malls, commercial trade centers and people with high disposable income. As a result, the market penetration remained low in 2013 and 2014. With the current market penetration being low in residential sector, curved television foresees strong growth opportunity in upcoming few years. Manufacturing cost can be reduced by reducing the standard size of display used in curved televisions. Technologies such as LED and OLED that are used in manufacturing curved television displays plays a vital role in deciding the operational cost of the end product.

On the basis of screen size, the curved television market is segmented into three major categories, namely, large-sized curved televisions, mid-sized curved televisions and small-sized curved televisions. In 2013, mid-sized curved televisions dominated the market in terms of revenue and are expected to continue dominating over the forecast period from 2013 to 2019.

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North America led the global curved televisions market in 2013, in terms of revenue share, followed by Europe. This was mainly due to the high demand for customized solutions for television screens in these regions. North American market for curved televisions is mainly driven by the use of these televisions in retails shops and commercial buildings. The Asia-Pacific curved television market is expected to show high revenue growth over the forecast period due to increasing adoption of curved televisions in countries such as India and China. Additionally, companies in the Asia-Pacific region such as Samsung and LG are global leaders in television manufacturing and are expected to develop solutions that enhance the viewers' experience.

The global market for curved television is dominated by major players such as Samsung Electronics Co. Ltd., LG Electronics, Inc., Haier Group, Sony Corporation and Sichuan Changhong Electronics Co. Ltd. The competitive rivalry among these companies is expected to remain high over the forecast period.  

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The report studies the global curved televisions market, and provides market size estimates in terms of revenue (USD Million) from 2013 to 2019. Market estimates are provided on the basis of screen size and geography.

The market has been segmented as follows:

Curved Televisions Market, by Screen Size  

• Large-sized Curved Televisions
• Mid-sized Curved Televisions
• Small-sized Curved Televisions

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Curved Televisions Market, by Geography 

• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

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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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Medical Device Connectivity Market Analysis and Forecast 2013 - 2019

Medical Device Connectivity Market (Wired hardware, Wireless hardware and Software) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 – 2019, the report on the global medical device connectivity market by US based market research company Transparency Market Research provides an in-depth analysis of various market segments and gives an insight about the major driving factors, restraints and opportunities of the medical device connectivity market in a global scenario. 

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According to the report, the global medical device connectivity (MDC) market is expected to grow from USD 3,500 million in 2012 to USD 33.5 billion in 2019, observing growth at a CAGR of 37.8% from 2013 to 2019, the forecast period of the report. The geographic section of North America was the largest market for MDC services in the year 2012 due to the rising awareness about the benefits of MDC systems in the healthcare industry. 

The major driving factors of the industry recognized by the report include the rising need for automation in workplaces, especially of healthcare facilities due to accuracies in data acquired, rising concerns about patient safety and the need for reducing time and efforts required for patient re-admission. The general population is becoming aware about the benefits offered by the integration of information technology and healthcare systems for faster and more accurate data transfer. This awareness is a leading factor for the rapid growth of this industry in the past few years. 

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However, factors such as operational and connectivity issues and financial constraints for smaller healthcare facilities could have a negative effect on the industry statistics in the coming years. 

The medical device connectivity market report focuses on three segments: components, end users or applications and geographic regions. 

Medical Device Connectivity Market by End-user wise, the segment of healthcare facilities (referred to as hospitals in the report), clearly leads the market and accounts for majority shares of demands for products and services from this market. In 2012, this segment accounted for nearly 80% shares of the overall global market of medical device connectivity services. Hospitality connectivity provides clinicians the access to complete and accurate data in automated manner, round the clock. This helps in enhanced patient safety and quick and better diagnosis. 

Medical Device Connectivity Market by Component wise, the segment of wired hardware accounted for the major shares of revenues, of nearly 44.7%, in 2012. The segment of wireless technology is expected to observe significant growth and widespread adoption owing to benefits such as cost optimization and medical device portability. Amongst the wireless technologies, Wi-Fi is the largest component segment and accounted for nearly 70.1% shares of the market in 2012. The segment of Bluetooth connectivity that features minimal cost, reduced size and energy efficiency, is also expected to affect the market in a positive manner.  

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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.

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Global Managed Security Services Market To Observe Growth in Double Digits 2013 - 2019

Managed Security Services Market (CPE, Cloud/Hosted and Hybrid) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 – 2019, the market intelligence report about the global managed security services market by Transparency Market Research provides a holistic view of various market segments and gives a detailed analysis of the major driving factors, restraints and opportunities of the managed security services market in a global scenario.

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According to the report the global managed security services market is expected to grow from USD 9,249.7 million in 2012 to USD 24,127.1 million by 2019 by growing at an estimated CAGR of 15.4% during 2013 – 2019, the forecast period of the report. 

Some of the major driving factors of the industry identified by this report include the rising adoption and increasing penetration of these services in industries such as government and utilities, telecom and IT, and the banking, finance and insurance services(BFSI). These market segments collectively accounted for nearly 59.2% share of revenues in 2012.

Rising demand for applications such as confidentiality services and network security services are some other major driving factors of this industry, states the report. In the near future, opportunities that could have a significant effect on the overall managed security services market include emergence of cloud-based managed security services and the rising adoption of such services in the BFSI section.

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The report focuses on three segments – the products, the applications and geography of the market.

Product-wise, the global of managed security services market is segmented as consumer premise equipment (CPE) based, cloud-based and hybrid (integration of CPE and cloud based) services. Amongst these, the segment of cloud-based services delivery models are the leading share holders of the overall market owing to their ease of installation and low-cost maintenance. These models also impart the benefits such as ease of switching the vendor and upgrade of the services as per requirements.

Application-wise, the major segments that drive the managed security services  market includes access control, confidentiality, compliance, risk and vulnerability management and network security. Amongst these, the applications such as confidentiality, compliance services and network security are the leading segments. Collectively, these segments held market shares worth nearly 67.4% in 2012.

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Geographically, the region of North America is the currently the lead revenue generator due to a recent shift in policies of corporate governance and security regulations in the retail, financial, healthcare, and energy sectors. Many businesses in North America are also on the verge of relocation to appear on the wider global scale, adoption from these expanding workplaces would further lead to the growth of the global managed security services market. The region of Asia pacific also appears to drive sales owing to the emergence of industries such as pharmaceutical and healthcare, IT and telecom, and BFSI.

About Us

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

Ms. Sheela AK

90 Sate Street, Suite 700

Albany, NY 12207

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Smart Cities Market - A Current Market Overview and Future Prospects 2013 - 2019

The global Smart Cities Market is expected to reach a value of USD 1,265.85 billion by 2019, growing at a CAGR of 14.0% from 2013 to 2019. Increase in migration from rural to urban areas is the major factor responsible for the growth of smart cities market, globally. North America was the largest contributor to the smart cities market and accounted for a share of 34.5% in 2012. This is mainly attributed to the increasing smart grid investments, upgradation in the water infrastructure and transportation sector. The manufacturers in this region are investing more in smart meters and smart grids to provide an excellent foundation for smart city programs.

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Among the different application categories, smart transportation segment held the largest share of around 16% in 2012. This was due to the growing demand for advanced traffic management, building a superior environment and reducing the volume of delivery vehicles. At the same time, smart transportation links the modes of transport to improve the traffic flow in both urban and inter-urban networks. Smart transportation system helps in minimizing the economic burden of government by reducing traveling delays and fuel consumption rate. Smart security is the fastest growing segment and is expected to grow at a CAGR of 15.0% during the forecast period from 2013 to 2019. One of the reasons for the growing popularity of smart security is that it avoids third party misuse by imposing high security requirements onto the used technology.

In terms of geography, North America represents largest market for smart cities and is expected to reach a market size of USD 392.41 billion by 2019. The regional governments are taking steps towards reducing the carbon footprint by increasing the use of renewable energy resources. Governments in North America are currently working on an objective to accomplish the target of zero wastage of energy by the year 2020.

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Some of the major players in smart cities market include Siemens AG, ABB Ltd., IBM Corporation, Hitachi Ltd., Alcatel-Lucent S.A., Honeywell international Inc., Alstom S.A., General Electric Company, Telefonaktiebolaget L. M. Ericsson, Cisco Systems Inc., Oracle Corporation and others.

The global smart cities market is segmented as below:

• Smart Cities Market, By Application 
• Smart homes
• Smart buildings
• Smart energy management
• Smart industrial automation
• Smart healthcare
• Smart transportation
• Smart security
• Others (smart water management, smart education, so on)

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Smart Cities Market, By Geography 

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

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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.

Contact

Transparency Market Research

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