Other Research

China is currently the largest producer and one of the leading consumers of Li-ion batteries globally.  The United States represents the second largest market with growth largely supported by continuous upgrades and innovations in product design, and strong demand for battery replacement in several battery-enabled portable electronic products.   Global market for Consumer Batteries is projected to reach US$40 billion by 2018, driven by rising sales of power hungry electronic mobile devices and technological innovations in battery chemistries which promise superior performance benefits like fast charging, and high density energy storage capabilities.

Despite the global economic meltdown, global market for BP monitors continued to witness new product introductions. Currently available BP monitors in the market include a range of innovative, convenient and technologically advanced devices. The global BP Monitoring and Measurement Instruments market is forecast to exceed US$3.0 billion by 2018, primarily driven by aging population, increasing lifestyle stress and innovations that enhance convenience and ease of use of the product.

The total global UAV Market (2013-2018) is expected to reach $8,351.1million by 2018 with a CAGR of 3.30%. US has by far been the superior force when it comes to deployment of UAV’s in the world, European deployment is rather different than in US with extensive usage of TUAV’s and fewer HALE and MALE systems. SUAV’s has seen a robust growth due to its widespread applications.

The need for deploying smart grid technologies and implementing smart energy practices is playing a cardinal role in shaping the future of AMI market. Major AMI vendors such as Itron and Landis+Gyr are focused on providing end-to-end integrated services to utilities from hardware and network endpoints to Meter Data Management (MDM), AMI system integration and AMI managed services. Although the AMI implementation cost is heavily dominated by hardware endpoint, system integration, meter data analytics and MDM as a Service market is expected to surge.

Optical coherence tomography (OCT) is a relatively new technology for performing high-resolution, cross-sectional imaging of tissue structure on the micron scale in situ and in real time. OCT has emerged as a powerful optical imaging instrument and technology. OCT performs high-resolution, cross-sectional tomographic imaging of the internal structure in 3-D materials, including biological tissues. The features of OCT that make it an important technology for biomedical imaging, ophthalmic imaging, nontransparent tissue imaging are where conventional excisional biopsy is hazardous or impossible, and/or cases in which conventional biopsy has an unacceptably high false negative rate because of sampling errors and to provide guidance during surgical interventional procedures.The development of high-resolution and high-speed OCT technology as well as OCT compatible catheter/endoscopes and other delivery systems represent the future of OCT imaging clinical applications. The unique capabilities of OCT imaging make it an ideal choice for the diagnosis and clinical management of many diseases. In 2010, the total revenue of the OCT market was $525.7 million; it increased to $645.4 million in 2012.

Military ground robot market growth comes from the device marketing experts inventing a new role as technology poised to be effective at the forefront of fighting terrorism. Markets at $4.5 billion in 2013 reach $12.0 billion by 2019. Growth is based on the adoption of automated process by military organizations worldwide. This automated process implemented as a combination of software for innovation and robotic platforms is not the traditional military system. They are systems of engagement that have arms and sensors, tracks and wheels, motors and solid state batteries. These systems of engagement support leveraging smart phones and mobile platforms. The aim is to achieve a broader, more intelligent military presence in every area of the globe.

Global automotive lighting market is expected to grow from $19.47 billion in 2013 to $25.36 billion by 2018, with a CAGR of 5.43%. In this, halogen technology is expected to occupy the major share, when compared to xenon/HID and LED for the next five years. Asia-Pacific has been the largest automotive lighting market since 2011 followed by Europe, North America, and ROW. The major automotive lighting markets in the Asia-Pacific regions are China, Japan, South Korea, and India. The automotive lighting market revenue in these countries is high mainly due to the high vehicle production levels, increasing economic development, rising population, and changing consumer life style. The revenue trend is estimated to change by 2018, where North America would be capturing Europes position mainly due to its increasing light commercial vehicles production.

Global market for Rolled Glass is projected to reach 3.0 million metric tons by 2018, driven by sustained demand from residential, commercial, and specialty applications. Worldwide consumption of glass is growing led by its increasing use in automotive and building construction markets. Demand trends in the flat glass market are shaped by the pace of economic development as well as the legislative and regulatory landscape. Flat glass is produced using two float, rolled and sheet glass techniques, with float glass accounting for a predominant share of the overall demand. In contrast, rolled glass accounted for a very small percentage of the global flat glass demand during 2012.

Global market for Proximity and Displacement Sensors is projected to reach US$2.8 billion by 2018, driven by technology advancements, expanding application areas, and increasing demand in developing nations. Position sensing is a ubiquitous need in everyday applications. From providing position feedback for accurate control of down-hole drilling equipment, to providing position and altitude measurement data for satellites to offering position data for efficient functioning of engine systems in automobiles, position sensors represent an important measuring technology. As types of position sensors, proximity and displacement sensors find application in every imaginable system that requires position measurement, especially so in machine tools and plant automation control wherein precise positioning is critical. Given the mission critical uses of proximity and displacement sensors, key variables for product success in the marketplace include reliability, accuracy, durability, and superior cost to benefit advantages. In addition to robust product solutions, manufacturers of proximity and displacements sensors are increasingly focusing on providing cutting edge technical support as a major differentiating factor in the marketplace. As competition intensifies and prices come under pressure, the importance of providing superior customer service and support to earn repeat customers and to build customer loyalty can no longer be undermined.

Global market for Distribution Transformers is projected to reach US$19 billion by the year 2018, primarily driven by surging demand for electricity in emerging economies and growing replacement demand in developed economies. Distribution Transformers provide the final voltage transformation in the electric power distribution system. They play an important role in decreasing the voltage level in the distribution lines to the level required by the consumer. As is the case with most of the transmission and distribution equipment, distribution transformers are also susceptible to changes in the regulatory environment, and economic cycles. Periods of downturn in key end-markets tend to influence demand patterns. Given its high levels of dependence on economic health, the global electric power transmission and power distribution equipment market suffered a severe setback in the year 2009, primarily due to the global economic recession, which was at its peak during the year. The complete meltdown of the construction industry, especially the housing sector, crippled the distribution transformers market, largely because new housing construction creates new demand for these transformers by opening up newer and additional subdivisions for distributing power.