Tuesday, 28 February 2017

How Adoption of Smart Home concept and increasing adoption of green spaces will boost the robotic lawn mower market


 Robotic lawn mower market, which is expected to grow at a CAGR of 17% by 2022, is going to witness a drastic change over next five years. Among the various factors driving the growth of the robotic lawn mower market smart home adoption is included in the latest report published by Beige Market Intelligence. The 142-page report with title “Global Robotic Lawn Mower Market – Strategic Assessment and Forecast 2017-2022” includes the top driving factors, emerging trends, market size in revenue and volume and key geographies contributing the growth of global robotic lawn mower market.


Adoption Of Smart Home Concept Will Drive The Robotic Lawn Mower Market

A smart home is a residential extension of building automation. It is a home system that provides integrated centralized control of individual systems such as small appliances, consumer electronics, environmental control systems, and building components. The whole concept of smart home is changing the way people live. Several appliances and household equipment in homes are connected by cables and electric wiring, and there are wireless modes of communication.
The development of smart homes will make it possible to program a complete, autonomous robotic lawn mower. Robotic lawn mowers could become an integral part of a smart home. Enhanced connectedness and the ability to converge robotic technology with smart home concept have been witnessing an acceptance among modern day tech-savvy end-users.
            
                                                          Smart Home Adption in Europe and North America
Vendors such as Husqvarna (Gardena), ZCS, GGP, Robomow, and Bosch among others are already offering robotic lawn mowers that can be controlled via applications installed in smartphones.
Increasing adoption of green spaces and green roofs
The value of green spaces is growing worldwide as many health and environmental benefits are being linked with access to greenery. Green spaces typically help to improve air and water quality and reduce heat build-up in the environment. Further, they also mitigate the heat island effect and decrease the soil erosion.
Robotic lawn mowers have been witnessing their increasing application in the commercial sector. For instance, Belrobotics Parcmow and Bigmow have been witnessing their increased application in golf courses and other large parks and lawns. Green spaces foster community interaction and offer recreational uses.
Considering green spaces also provide aesthetic benefits, many gardens, parklands, and public green spaces are being constantly incorporated into urban planning. Various projects have been taken up by non-profit organizations and governments to increase the green space in cities. e.g Dubai 2020 
Robotic lawn mowers are an alternate choice over traditional lawn mowers for mowing these green roofs as they are better suited for mowing in closed locations bordered by wires. Thus, these green roofs initiatives would drive the market for robotic lawn mowers during the forecast period

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Monday, 6 February 2017

Extreme Sports Segment To Amplify The Global Action Camera Market

Global Action Camera Market

Global action camera market which is estimated to cross US$ 10 billion by 2021, is going to witness a huge growth in its different user segments. Though the popularity of in-expensive all-to-do smartphones is trying to push the action camera market towards a declination. But there are certain application areas where the action camera still stand firmly uplifting the global action camera market.
Action cameras are specific devices that are used to capture adventure sports or other types of activities usually featuring high-speed actions. Unlike normal cameras, action cameras are simple, compact, and tough and can be mounted on helmets, cycles, car dashboards, or can be worn on the body to capture amazing real-life images or record videos.
Action cameras are used to record extreme action sports or activities. These cameras can capture high-speed and high-quality images. Regular cameras are ineffective in capturing high-speed events and are not designed for rugged conditions. In contrast, action cameras are light-weight, compact, and can be worn by the person or mounted on vehicles.
Worldwide Action Camera Market - By End-User Segment
  Action Camera Market by End-User Segment 
                                                                                                                                                                    FOR INFORMATION ON GLOBAL ACTION CAMERA MARKET, CLICK HERE

Extreme Sports Is The Largest Application Sector For Action Cameras

 Extreme sports (also called adventurous /action sports) is a popular term for certain activities regarded as having a high level of inherent danger. These activities often include speed, a high-level of physical exertion, height, and highly specialized gear. Sports enthusiasts look out for a camera that is convenient and the setup time is minimal, therefore, they prefer action cams that can be mounted easily.
Extreme sports is the largest application sector for action cameras both in terms of value and volume, and the demand is set to grow over the forecasted period, driven by increased technology sophistication as well as strong growth in social connectivity and demand from sports enthusiasts, particularly in developed markets.
This segment includes the use of action cameras for adventure sports such as surfing, kayaking, mountaineering, mountain biking, kite boarding, sky diving, skiing, snowboarding, hang gliding, racing, motocross, BMX biking, sailing, or other sports. It also includes usage in coaching, training, or actual play of mainstream sports such as baseball, football, or ice hockey
Action Camera Market Share in Extreme Sports
                   Intensity of Usage Reported for Action Cameras in Extreme Sports                                                                                                                                                                                                
 Growing application of action cameras for capturing action sports and events is likely to drive the action camera market. Characteristics such as high-quality footage, capability to withstand rugged conditions as well as high speed offered by these devices are expected to influence the market during the forecasted period positively. These devices are majorly attached to handlebars, surfboards, and helmets, and are also an essential part of extreme sports such as base jumping and wing-suit flying. Further, features offered such as light weight, compact size, water resistant and a great amount of convenience while mounting on a vehicle or worn by the individuals is projected to drive demand from 2015 to 2021.

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Source Link: http://www.beigemarketintelligence.com/extreme-sports-segment-to-amplify-the-global-action-camera-market-both-in-terms-of-value-and-volume/