COVID-19 Impact Review: What to Expect from Ultrasonic Displacement Sensor Industry in 2020?

-
According to a recent report published by Research Dive, titled, "Ultrasonic Displacement Sensor Market by Type, Component, Transducer Type, and End-users: Global Opportunity Analysis and Industry Forecast, 2019-2025," the global Ultrasonic Displacement Sensor market size was valued at $ 2,627.65 Million in 2018, and is projected to reach $ 4,736.67 Million by 2025, registering a CAGR of 8.86% from 2019 to 2025. North America dominates the market, followed by Europe, Asia-Pacific, and LAMEA. U.S. dominated the global Ultrasonic Displacement Sensor market share in 2018, whereas Canada is expected to grow at a significant rate in the U.S. during the forecast period. Ultrasonic displacement sensors are basically used to detect objects and measure distance in industrial applications in which versatility and reliability are the key factors. For instance, Pepperl+Fuchs offers a wide variety of ultrasonic sensors which feature benefits such as large measuring ranges of up ...
2 comments

Covid-19 Impact: What Makes the Smart Mirror Industry A Worthy Market for Investment?

-
The world today is highly fascinated about smart devices. With the growing digitalization and advancement in technologies, every device has been upgraded to a smarter version of its basic model. And now, not just the devices, but technology has shown its wonders in the ‘world of mirrors’ as well. According to a research, the mirror industry is expected to flourish due to the rising popularity and demand for smart mirrors from all across the globe.

What is a smart mirror?

A smart mirror is a technologically advanced mirror that is equipped with a display screen which is integrated behind its glass. This mirror is able to display everything from news feeds, weather predictions, upcoming appointments to current time on the surface of the mirror. Basically, this is a high-tech device which is similar to a smartphone. With this device, a user can view anything he/she wishes to know about, without the need to unlock one’s mobile phone. 

Download Exclusive Sample Copy of the Report at: https://www.researchdive.com/download-sample/44


Growing demand for smart mirrors

Smart mirrors can be used in homes as well as in various other areas such as beauty salons, shopping malls, clothing stores, hospitals, and vehicles. The rising demand for smart mirrors from numerous sectors is creating more growth opportunities for the smart mirror market. Major automotive manufacturers such as BMW, Volkswagen, Hummer, Ferrari, and Aston Martin have implemented this technology in automobiles to offer 360-degree view, smart vision, and signals for notifying potential threats. The application of smart mirrors in automotive industry is expected to be one of the major driving factors for the growth of smart mirror market. 

New developments in the smart mirror industry

Recently, Capstone Companies, Inc., a designer, manufacturer, and marketer of consumer inspired products which is well-known for integrating technological innovations with today’s lifestyle has launched a magical Capstone Connected smart mirror. This product enables you to do all your grooming activities and simultaneously gain insights such as local news, weather forecasts, check the traffic conditions before leaving, and many more interesting things. 

Look wise, the device is exactly like a mirror, with an advanced design which makes it perfect for a bedroom, bathroom, entryway or even for commercial stores. Along with basic functionality of a normal mirror, the device also has features similar to a tablet, for instance, touchscreen and voice interfaces for internet access. The device is built using an Android operating system which can be used for downloading apps, browsing social media platforms, and all the activities that can be done using internet. In case of multiple users using the device, each user can change and customize the smart mirror according to their personal needs.

For More Clarification on Report, Speak to Our Analyst at: https://www.researchdive.com/connect-to-analyst/44

Apart from Capstone there are many other companies trying to contribute to the growth of smart mirror industry. Some of the top companies are Perseus motors, Dension Inc., Electric motors, Japan display Inc., Gentex corporation, Magna international Inc., Murakami corporation., Samsung Electronics, Ficosa (Panasonic), Seura, and many others. These companies are greatly involved in several activities such as merges and collaborations, partnerships, new product launches, and geographical expansions.

Smart mirror industry to have more growth opportunities in coming years

At present, smart mirrors are mostly in demand in the luxury markets owing to their high costs. As per a survey, these days people are showing increased interest in purchasing smart devices such as smart mirrors due to the advantages they offer. The growing popularity and demand for smart devices is giving a boost of motivation for companies active in this market to launch upgraded versions of smart mirrors. Also, a report by Research Dive states that the Europe is one of the highly potential market for smart mirrors . On the other hand, Asia- pacific is expected to be the largest emerging market in coming years, owing to growing GDP and increased number of hotels and restaurants in this region. Hence, considering all these factors it is clear that one can definitely invest in the smart mirror industry in the upcoming years.

Comments

Post a Comment

Popular posts from this blog

COVID-19 Impact Review: What to Expect from Ultrasonic Displacement Sensor Industry in 2020?

-
According to a recent report published by Research Dive, titled, "Ultrasonic Displacement Sensor Market by Type, Component, Transducer Type, and End-users: Global Opportunity Analysis and Industry Forecast, 2019-2025," the global Ultrasonic Displacement Sensor market size was valued at $ 2,627.65 Million in 2018, and is projected to reach $ 4,736.67 Million by 2025, registering a CAGR of 8.86% from 2019 to 2025. North America dominates the market, followed by Europe, Asia-Pacific, and LAMEA. U.S. dominated the global Ultrasonic Displacement Sensor market share in 2018, whereas Canada is expected to grow at a significant rate in the U.S. during the forecast period. Ultrasonic displacement sensors are basically used to detect objects and measure distance in industrial applications in which versatility and reliability are the key factors. For instance, Pepperl+Fuchs offers a wide variety of ultrasonic sensors which feature benefits such as large measuring ranges of up ...
Read more

Covid-19 Impact Review: Get to Know the New Ins and Outs of the Oxygen Cylinder And Concentrator Industry 2020

-
According to a study, Oxygen Cylinder and Concentrator Market by Research Dive, the market is expected to reach $5,052.1 million by 2026, registering a CAGR of 8.7% from 2019-2026. Growing utilization from different applications and increasing focus on consumption are some of the oxygen cylinder and concentrator market drivers. The oxygen cylinder and concentrator market is primarily dominated by growing utilization from different applications, for instance, healthcare, pharmaceutical & biotechnology and manufacturing industries. According to American Academy of Allergy, Asthma & Immunology (AAAAI), about 320 million people worldwide are diagnosed with Asthma, of which about 255000 are suffering from the disease. However, it is estimated that by the end of 2026, the number of asthma patients would continue to grow by more than 102 million. This factors further enhance the market in healthcare and medical segment.  Connect with Analyst to Reveal How COVID-19 Impac...
Read more

COVID-19 Impact: Why Organ Care System Market for Heart Is Catching on Faster in Healthcare Industry?

-
Post COVID-19 Impact on Organ Care System Market -  With the emergence of the COVID-19 crisis, the world is fighting a health pandemic as well as an economic emergency, almost impacting trillions of dollars of revenues.  Research Dive' group of skilled analysts provide a solution to help the companies to survive and sustain in this economic crisis. We support companies to make informed decisions based on our findings resulting from the comprehensive study by our qualified team of experts.  Our study helps to acquire the following: • Long-term and short-term impact of Covid-19 on the market • Cascading impact of Covid-19 on Organ Care System Market, due to the impact on its extended ecosystem • Understanding the market behavior Pre- and Post-COVID-19 pandemic • Strategy suggestions to overcome the negative impact or turn the positive impact into an opportunity • We’ll help you fight this crisis through our business intelligence solutions. Connec...
Read more