DoD Night Vision Devices Market Falls due to Procurement Program Completions and Budget Cuts

MOUNTAIN VIEW, Calif., July 23, 2014 /PRNewswire/ — Though the night vision device market continues to innovate, budget cuts are stifling research and development (R&D), and procurement of advanced image intensification (I2), infrared (IR)/thermal, and fused night vision technologies. The completion of large procurement programs and only a few significant new start programs will cause the funding for night vision devices to decline by a compound annual growth rate of 8.20 percent between 2013 and 2018.

Logo – http://photos.prnewswire.com/prnh/20140722/129553

New analysis from Frost & Sullivan’s US DoD Night Vision Devices Market finds the market earned revenue of $1.06 billion in 2013 and estimates this to decrease to $0.69 billion in 2018. The study segments DoD night vision devices into airborne, fixed, ground mobile, man portable, maritime, and miscellaneous categories.

For complimentary access to more information on this analysis, please visit: http://bit.ly/WyduFK

Owing to the reduction in funds, the night vision device market has been striving to identify the segments that warrant the highest focus with respect to sensor upgrades and technological advances.

“It is likely that future warfare will be conducted with fewer dismounted troops and more unmanned air and ground vehicles,” said Frost & Sullivan Aerospace & Defense Senior Industry Analyst Michael Blades (@MikeSBlades). “Consequently, it is a challenge to determine the number, type and size of night vision devices.”

Size, weight and power usage (SWaP) has been driving innovation and attracting investments. Participants have been making significant efforts to decrease SWaP, as they consider it necessary to remain competitive in a shrinking market. Companies that are willing to invest in their own SWaP R&D as well as diversify into commercial markets are likely to become technology and market leaders.

Considering the current growth levels, it is unlikely that new U.S. companies will compete in the DoD night vision device market. Moreover, the advanced technology for manufacturing IR camera cores (cooled and uncooled), I2 tubes, and the associated optics, is not conducive to market entrants.

“Intensifying competition from foreign companies that do not need to comply with the U.S.’s self-imposed International Trade in Arms Regulations restrictions could also hinder U.S. companies’ global expansion plans,” noted Blades. “Therefore, in this complicated landscape, participants are expected to increasingly collaborate with foreign players to benefit from synergies.”

US DoD Night Vision Devices Market is part of the Defense (http://www.defense.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Helicopter & Systems Market: Capturing Growth Opportunities across the Rotorcraft Industry; Global Commercial UAS Market Assessment; Emerging Applications for UAS across Global Government and Commercial Sectors; Global Force Protection Market; and Global Nuclear Security Market Insight. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

Connect with Frost & Sullivan on social media, including Twitter, Facebook, SlideShare and LinkedIn, for the latest news and updates.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion
Join Us: Join our community
Subscribe: Newsletter on “the next big thing”
Register: Gain access to visionary innovation

US DoD Night Vision Devices Market
ND34-16

Contact:
Jennifer Carson
Corporate Communications — North America
P: 210.247.2450
E: Jennifer.Carson@frost.com
http://www.frost.com

Logo – http://photos.prnasia.com/prnh/20140723/8521404171LOGO

The Promise of Integrated Healthcare: Health Information Systems

MOUNTAIN VIEW, Calif., July 23, 2014 /PRNewswire/ —

WHEN:

10:00 a.m. EDT on Thursday, July 31, 2014

LOCATION:

Online, with free registration

SPEAKER:

Frost & Sullivan Technical Insights

Research Analyst Bhargav Rajan

http://photos.prnewswire.com/prnvar/20140722/129510

Given increasing healthcare consumerism and demand for round-the-clock healthcare delivery, hospitals and providers must upgrade their healthcare IT infrastructure to accommodate patient and provider needs. This briefing will investigate the changing technology landscape in hospitals globally and will specifically focus on how hospitals in North America and Europe are adopting health information systems (HIS).

Attend this webinar to discover:

  • Information technology systems in hospitals
  • Drivers and restraints of HIS
  • A technology and adoption roadmap of HIS

As this presentation will discuss emerging trends and opportunities for the information technology providers globally, it will benefit hospitals, healthcare providers, insurance companies and payers, IT and Information Technology Enabled Service (ITES) players, telecom providers as well as applications developers and Software as a Service (SaaS) providers.

Supporting Quote
“The need for greater efficiency in healthcare delivery and the emergence of integrated healthcare systems offer tremendous collaboration opportunities between healthcare and information communication technology industries,” said Frost & Sullivan Technical Insights Research Analyst Bhargav Rajan.

“Healthcare delivery in the U.S. is in the midst of a huge upheaval, brought about by legislative and regulatory changes. While some of these changes greatly benefit the adoption of IT platforms in hospitals, other changes mandate greater regulatory compliance and usage guidelines. As with any other market, there are conflicting industry and market forces at play that will keep HIS adoption from being fully realized in the short term.”

Registration

  • To attend the briefing, email jennifer.carson@frost.com your full name, job title, company name, company telephone number, company email address and website, city, state and country.
  • Receive a recorded version of the briefing anytime by submitting the aforementioned contact details.

Supporting Resources

  • For more information about Frost & Sullivan’s Healthcare or Technical Insights practice, please visit: http://www.frost.com.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion
Join Us: Join our community
Subscribe: Newsletter on “the next big thing”
Register: Gain access to visionary innovation

Contact:
Jennifer Carson
Frost & Sullivan
+1.210.247.2450
jennifer.carson@frost.com

Logo – http://photos.prnewswire.com/prnh/20140722/129510
Logo – http://photos.prnasia.com/prnh/20140723/8521404170LOGO

Facilities Management Solutions Save the Environment and Your Budget

MOUNTAIN VIEW, Calif., July 23, 2014 /PRNewswire/ — Implementing strategies for energy efficiency in commercial and industrial buildings not only lowers operating costs but has clear benefits for the environment. As 39 percent of electricity is generated by coal, a reduction in energy use in commercial and industrial buildings can substantially reduce carbon emissions.

Frost & Sullivan
Frost & Sullivan

“Electricity waste adds to operating costs while contributing unnecessary carbon emissions to the environment,” noted Frost & Sullivan Principal Consultant Farah Saeed. “In some facilities, electricity can account for more than 20 percent of overall operating costs equaling up to $240,000 a year for a single site.”

This discovery is signaling a new trend in facilities management. Frost & Sullivan details solutions for energy efficiency in a new article with FMLink, an internet-based facilities management publication.

To view the full Frost & Sullivan feature on energy efficiency in commercial and industrial buildings, please visit: http://bit.ly/1m1bnz7.

“Commercial and industrial organizations face mounting pressure to control operating costs and minimize harm to the environment,” said Saeed. “By utilizing these strategies, facilities managers can mitigate environmental concerns while combating the rising costs of energy.” 

Frost & Sullivan and FMLink, a reputable source for a gamut of topics ranging from information technology to energy efficiency in relation to facilities management, collaborate to provide valuable, data packed insights via a newly formed partnership.

“FMLink is particularly excited to add this special Frost & Sullivan section of FMLink, which is dedicated to providing FMLink’s facilities management readership original research to help them in their quest to address the challenges they face to help their facilities perform more effectively in this rapidly changing global marketplace,” exclaimed Peter S. Kimmel, IFMA Fellow and Publisher of FMLink. The new feature section is named “Analyst Insights.”

The partnership with FMLink is part of Frost & Sullivan’s Environment & Building Technologies (environment.frost.com) program. Connect with Frost & Sullivan on social media, including Twitter, Facebook, SlideShare, and LinkedIn, for the latest news and updates.

About FMLink

FMLink is a comprehensive, online facilities management publication; it includes over 17,000 pages of news and featured articles, including survey and benchmarking data, events calendars, recent and pending regulations, analyst insights, sustainability articles, how-to checklists, articles from many FM publications, case studies, industry resources, discussion forums, vendor directories, and much more to support facilities professionals in their jobs. Free access and e-newsletters through http://www.fmlink.com.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion

Contact Frost & Sullivan:
Ariel Brown
Corporate Communications
P: 210.247.2481
E: ariel.brown@frost.com 

http://www.frost.com 
Twitter: @Frost_Sullivan 
Facebook: Frost & Sullivan 
Join our Forum on LinkedIn: The Future of Energy

Contact FMLink:
Peter Kimmel, IFMA Fellow
Publisher
P: 301.365.1600
E: peterk@fmlink.com 

Twitter: @FMLinkGroupLLC 
Facebook: FMLink Group LLC 
Join our FMLink Group 

Logo – http://photos.prnasia.com/prnh/20140723/8521404172

International Mega Bio Expo in S. Korea to Offer Glimpse of Future Life

CHEONGJU, South Korea, July 23, 2014 /PRNewswire/ — The upcoming international bio exposition in South Korea will provide visitors with a glimpse into the life that biotechnology will bring about, its organizers said Wednesday.

The Osong International Bio Industry Exposition, set to kick off in September in the country’s central city of Osong, “will present how life will look like in the future in accordance with the development of the cell-based industry,” said Lee Cha-young, secretary general of its organizing committee.

“The Bio Future Hall, one of our six main galleries, will depict diverse scenes of this new life in such areas as food, energy, medicine and converging science,” he added.

The displays show that lack of food and famine are a thing of the past as the technology to culture cells produces meat and vegetables at factories.

Unmanned vehicles run along mid-air streets, and they do not need to refuel as a single-cell microorganism in the fuel tank continues to produce gasoline.

Severe injuries are not a source of concern anymore, as 3D printers can help restore body parts with stem cells.

Different kinds of robots are employed for diverse purposes in order to help humans live more conveniently and abundantly. They cook, care for the sick and entertain people.

“Dreams for an eternal life or an oil-producing country will not be in the distant future,” Lee said. “Visitors will take a look at the value of the bio industry and its infinite possibilities.”

Hosted by the government of North Chungcheong Province, the Ministry of Trade, Industry and Energy and the local municipal government, the expo will kick off its 17-day run on Sept. 16 in the Osong Biovalley in the city, some 120 kilometers south of Seoul, according to the organizing committee.

Under the theme of “The Secret of Life, Beautiful Future,” exhibitions will showcase how the industry has developed over the past decades and what the future society will be like, while allowing people to have diverse hands-on experiences such as carrying out medical treatments and conducting science experiments, it added.

Media Contact

Gu hyeon jeong
rachel@outcom.co.kr
+82-70-7707-3784