Tuesday, August 31, 2021

Micro Server IC Market Growing at the Fastest Rate by 2026

The Micro Server IC Market is estimated to be USD 1.2 billion in 2021 and is projected to reach USD 2.2 billion by 2026; it is expected to grow at a CAGR of 12.6% from 2021 to 2026. Low power consumption and low space utilization of micro servers, growth in the trend of cloud computing and web hosting, and emergence of hyperscale data center architecture are the major factors driving the growth of the micro server IC market. Increasing need for new data centers across emerging regions and rising importance of edge computing and micro data centers are projected to create lucrative opportunities for the players operating in the micro server IC market during the forecast period.

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The micro server IC market  includes players like Intel Corporation (US), Advanced Micro Devices, Inc. (US), Hewlett Packard Enterprise Development LP (US), Quanta Computer Inc. (Taiwan), and NVIDIA Corporation (US). These players have strong market presence for leak detection solutions across various countries in North AmericaEurope, APAC, and RoW.

 

Growth in trend of cloud computing and web hosting to boost the market for micro server IC

The increasing demand for cloud and web-based services is driving the server market to deliver huge amounts of content for users across the world. These services related to web hosting or web browsing over the internet do not require high computation capability, which creates the need for low-processing power machines, thus driving the market for micro servers. Web hosting companies are prime candidates for micro server use for carrying out lightweight computing tasks. According to Hewlett Packard Enterprise, the increasing concern for data security is prompting organizations to have their own data centers; therefore, companies are taking an interest in micro servers. In addition, organizations are shifting toward cloud-related services to reduce their infrastructure and maintenance costs. Thus, with organizations increasingly opting to host applications and content over the cloud, the demand for low power consuming and highly scalable servers is growing, which is driving the micro server IC market.

Hardware segment is expected to lead the market during the forecast period

Hardware constitutes the main part of a micro server. The micro server hardware consists of many components, including a processor, network interface cards (NICs), peripheral component interconnect express (PCIe), graphics processing units (GPUs), memory, storage, and I/O controller. Players such as Intel and ARM are focusing on improving the capability of ICs by integrating more components into SoCs, such as memory, processor, and storage. The pressure to support billions of devices and users is changing the composition of data centers. Vendors are focusing on innovating new technologies for providing compact hardware solutions that OEMs require to build micro servers. SoC providers are focusing on creating new technologies such as integrated Gigabit Ethernet and new controllers to reduce the power consumption of the micro servers running on them.

Web hosting and enterprise applications to hold the largest market size of micro server IC market during the forecast period

Web hosting is a type of SaaS hosting solution that allows applications to be available from remote cloud infrastructure and to be accessed by users globally through the internet. Micro servers are ideal for web hosting, video streaming, downloads, social networking, and handling corporate logins, among other things.  Micro servers are also used widely across enterprise applications as they are easy to configure, offer the reliability of a more robust server, and are powerful enough to handle many small business tasks..

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Micro server IC market  in APAC to grow at the highest CAGR during the forecast period

APAC is expected to be the fastest-growing region for the micro server IC market due to major driving factors such as increasing demand for hyperscale data centers, increased media consumption and storage, rising number of internet users, and emerging technologies such as cloud computing and edge computing. APAC poses a great potential for the micro server industry due to the high growth of internet datacenters in this region. The 2 countries that stand out in this region are Japan and China. Global giants such as Facebook, Amazon, Alibaba, and Baidu have already established their data centers in this region and are planning to expand their dominance in other regions.

Intel Corporation (US), Advanced Micro Devices, Inc. (US), Hewlett Packard Enterprise Development LP (US), Quanta Computer Inc. (Taiwan), NVIDIA Corporation (US), Ambedded Technology Co., Ltd. (Taiwan), Dell Inc. (US), Fujitsu (Japan), Marvell (US), Super Micro Computer Inc. (US), Ampere Computing LLC. (US), Bamboo (UK), christmann informationstechnik + medien GmbH & Co. KG (Germany), HIRO micro data centers (Netherlands), Huawei Technologies Co. Ltd. (China), IBM (US), Lattice Semiconductor (US), NXP Semiconductors (Netherlands), SiPearl (France), and STMicroelectronics (Switzerland) are some of the key players in the micro server IC market.

Medical Electronics Market Set to Grow at the Fastest Rate - Time to Grow Your Revenue

The medical electronics market is estimated to be worth USD 6.3billion in 2021 and projected to reach USD 8.8 billion by 2026, at a CAGR of 6.9%. The aging population and increasing life expectancy, increasing adoption of IoT-based smart medical devices, escalating demand for portable medical devices and wearable electronics, growing use of radiation therapy in diagnosis and treatment of diseases and existing favorable healthcare reforms and financial assistance by governments for senior citizens are some of the prominent factors for the growth of the medical electronics market globally.

Advances in sensors and digital technologies are creating new opportunities to enhance patient care platforms and improve development efficiency. Technological advances can also create competitive threats. The proliferation of smart medical devices equipped with advanced computing and communication technologies are expected to boost the medical electronics market growth in the coming years. Manufacturers of medical electronics are realizing the transformative nature of IoT technologies due to advances in computing and processing power, as well as in wireless technology. Similarly, miniaturization drives innovation in designing and developing connected medical devices. The rise in the number of connected medical devices and advances in medical systems and software that support the gathering and transmission of data has created new opportunities for medical electronics manufacturers.

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The medical electronics market in the APAC region is expected to witness a high growth as compared to the other regions during the forecast period 2021 to 2026. The adoption of the medical devices in the countries like India, China, South Korea, Australia and several other South Asian countries is on the rise owing to the rising geriatric population, rise of medical tourism, and financial assistance by governments for senior citizens. Moreover the large population in the region provide a huge market for the companies in the medical electronics market.

Growing geriatric population, rising prevalence of chronic diseases, rapid transition from hospital to home care services, increasing demand for improved healthcare, and surging demand for laboratory automation are the other key factors impacting the medical sensor market growth. The reduction in the size of sensors and the adoption of MEMS technology have opened new application areas for pressure sensors, thereby surging the demand for these sensors. The market for flow sensors is projected to grow at the significant CAGR during the forecast period owing to the rising demand for ventilators, respiratory systems, and other life support systems due to COVID-19.

Several opportunities such as a large untapped potential in developing countries such as India, China, Brazil, etc., the advancements in sensors and digital technologies, the positive growth outlook in healthcare sector owing to the increased expenditure towards healthcare sector by the government and by the public, as well as the advent of IoT which leading way for remote connectivity are lying in front of the players in the medical electronics market.

Monday, August 30, 2021

Scintillator Market - New Report and Business Relevance

The scintillator market is undergoing a significant transformation, with the changing landscape of healthcare, nuclear power plants, homeland security and defense, and manufacturing industries. The growth of this market is majorly influenced by the dynamics of these industries. Huge R&D investments and government funding in new scintillator discoveries are driving the growth of the overall market, globally. Rising demand for new radiological medical applications and increasing investments for radiation monitoring in homeland security are some of the drivers which are driving the scintillator market.

Some of the major players in scintillator market include: Canberra Industries Inc. (U.S.), Hamamatsu Photonics K.K. (Japan), Hitachi Metals Ltd. (Japan), Ludlum Measurements Inc. (U.S.), Mirion Technologies Inc. (U.S.), Radiation Monitoring Devices (U.S.), Saint Gobain (France), and Zecotek Photonics (Canada), among others.

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The Scintillator market is expected to reach $479.16 Million by 2020, at an estimated CAGR of 5.62% from 2014 to 2020.

Scintillator is a material that identifies nuclear particles and radiation by reemitting the incident radiation in the form of light photons, which are further converted to electric signals by photomultiplier tubes. Initially, applications of these materials were limited to medical and visual counting purposes, but in the recent few years, scintillators have made a radical shift towards security, high energy physics, astrophysics, nuclear power plants, and scientific applications. Though, inorganic compounds are the most dominant materials leveraged for radiation detection in radiation monitoring and measurement devices, still many new compound scintillators have evolved due to the surge in research initiatives by the private and government sectors; such as cerium doped lanthanum halides, Europium doped strontium iodide, LSO, LYSO, and others. These continuous developments are driven by the emergence of new applications and due to the growing need of hand held and portable radiation detectors. Scintillators have a huge growth potential, especially, in markets that are characterized by low cost, and high resolution and performance in terms of the radiation monitoring equipment.

The main driving factors responsible for the explosive growth of the overall scintillator market include application driven research activities, need to find alternatives for neutron detection, supportive regulations, government funding, and radiation exposure related safety concerns. Among all the application sectors, healthcare, nuclear power plants, and homeland security account for the largest market share. Moreover, healthcare, including medical imaging and nuclear medicine, homeland security, and nuclear power industry are estimated to grow exponentially in the coming future.

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In terms of the geographical analysis of the scintillator market with regards to the end products, materials, and related applications —the Americas have been accounting for the largest market share followed by Europe. However, the APAC is expected to be the fastest growing market in the coming future; supportive government policies, increased financial investments by governments, increasing number of nuclear power reactors, and huge R&D activities are the major reasons behind this tremendous growth. Some of the major players in the scintillator market include Saint Gobain (France), Hamamatsu (Japan), Ludlum Measurements (U.S.), Mirion Technologies (U.S.), Hitachi Metals (Japan), Zecotek Photonics (Canada), Applied Scintillation Technologies (U.K.), and Radiation Monitoring Devices (U.S.), among others.

IoT in Transportation Market to witness the highest growth in North America Region

IOT is increasingly demanding more evolved devices from the semiconductor industry, with long lasting battery technologies, low power consumption, and the ability to accurately process and store data at lower costs. The report segments IoT in transportation market into six different segments such as component, products & software services, verticals, solutions, application, and geography.

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The IoT in transportation market is expected to reach $143.93 billion by 2020 at an estimated CAGR of 8.95% from 2014 to 2020. Africa is the leading region in the overall market, followed by Asia-Pacific (APAC) and the Middle East.

The concept of IoT has gone beyond the machine-to-machine (M2M) communication. With technological advancements and our increasing dependence on them in the day-to-day lives, it is evident that the IoT concept has a promising future. With the rate of proliferation of the wireless sensors network, the increasing adoption of emerging technologies and mainstreaming of many smart consumer applications, IoT is on its way to becoming the big thing. Few trends in the technology and application segments are projected to shape the future of IoT. Some of these critical technology trends, which are expected to have a huge impact on the IoT evolution, are big data, cloud computing, IPV6, wireless sensor network proliferation, and faster communication standards such as 4G-LTE and beyond.

The opportunities for IoT in transportation market are extremely high and mainly depend on organizations for adopting technological changes that are ever-increasing. With such a rapid change, it would be possible to have excellent quality of experience as well as better economic opportunities for users, governments, and businesses.

The IoT in transportation market is divided in to six segments, namely components, products, software & services, verticals, solutions, and applications & geography. The market, by component, includes the differentiation of components that are used to enable the proper operation of the technology. The market, by product, software, and service, gives an in-depth analysis, which helps in facilitating the growth of IoT in the transportation ecosystem. However, in case of the market size growth, the market and the product, software, and service market are taken as mutually exclusive from each other. The verticals included in IoT in transportation market are roadway, railway, airway, and maritime. Furthermore, the solution segment includes traffic, asset, ticketing, supervision, operations, passenger information, maintenance, and logistics.

The applications segment covers the major applications of IoT in transportation market that are divided into four segments, namely telematics, infotainment, advanced driver assistance system, and so on. Moreover, the IoT market in intelligent transportation systems, by geography, has been divided based on geographic locations of the countries that include the Americas, Europe, APAC, Middle East, and Africa. The Americas is the largest market, by geography, which is due to the easy availability of infrastructure for the deployment of IoT in transportation in this region.

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There are many companies that have their presence in IoT in transportation market. The players involved in the IoT market include a host of companies, right from the semiconductor OEMs to network operators, software companies, and networking equipment providers. The report profiles all the prominent companies involved in the field of IoT, such as Garmin International, Ltd. (U.S.), Thales Group (France), TomTom N.V. (The Netherlands), Denso Corp. (Japan), Alcatel-Lucent (France), Sierra Wireless, Inc. (Canada), AT&T, Inc. (U.S), Verizon Communications (U.S.), and Intel Corp. (U.S).

Sunday, August 29, 2021

Increased Penetration of Smart Cards in Access Control and Personal Identification Applications

The Smart Card Market is projected to reach USD 16.9 billion by 2026 from USD 13.9 billion in 2021; it is expected to grow at a CAGR of 4.0% from 2021 to 2026.

Major drivers for the growth of the market are surged demand for contactless card (tap-and-pay) payments amid COVID-19, proliferation of smart cards in healthcare, transportation, and BFSI verticals, transportation, and BFSI applications; increased penetration of smart cards in access control and personal identification applications; and easy access to e-government services and risen demand for online shopping and banking. Moreover, new mode of information security of users enabled by blockchain and adoption of smart cards in populated countries of APAC act as growth opportunities for developers of smart card.

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The contactless segment of the smart card market projected to largest share during the forecast period.

A contactless smart card includes an embedded smart card secure microcontroller or equivalent intelligence, internal memory, and a small antenna; it communicates with readers through a contactless radio frequency (RF) interface. Radio-frequency identification (RFID) or near-field communication (NFC) communication technologies are primarily used for contactless smart card applications. COVID-19 is positively impacting the contactless smart card market as the World Health Organization (WHO) and governments across the world are advocating the use of contactless smart cards for various purposes to ensure social distancing to contain the spread of the virus. Contactless smart cards provide ease, speed, and convenience to users. The contactless interface has become highly relevant in the current COVID-19 situation, especially for payment applications, as it facilitates safe and secure transactions without physical contact.

Among vertical, the telecommunications segment projected to hold the largest share of the smart card market during the forecast period.

A subscriber identity module (SIM) card is a type of microcontroller-based smart card used in mobile phones and other devices. A SIM identifies and authenticates a subscriber to a wireless cell phone network. The telecommunications segment accounted for the maximum share of 42% of the smart card market in 2020. Expanding global mobile network and improvements in its infrastructure are boosting the growth of the market. In addition, COVID-19 led to an increased demand for connectivity. The current crisis provided a push to the trend of digitalization of business and private communication with cellular technology, along with the generalization of digital conferences. Moreover, the penetration of high-end SIM card technologies, such as LTE, 5G, M2M, eSIM, and SWP, is expected to augment the market growth in the coming years.

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The Smart Card market in APAC projected to hold the largest share in 2020.

The APAC region is the largest market for smart card and is expected to lead the market for a few years. The robust financial system that is being increasingly digitized and government agencies incorporating smart chip-based systems for better monitoring of processes are propelling several APAC countries to adopt smart card solutions owing to increasing demand, specifically in the transportation, BFSI, retail, government, and healthcare sectors. Smart cards are used to purchase tickets in metros, buses, and ferries, among others, in several countries in APAC. China is projected to witness the highest demand for smart cards in the region owing to a large consumer base and the presence of a number of smart card manufacturers.

Properly implemented smart cards in all sectors have proven highly effective in combating thefts and fraud. Government projects, such as the Aadhar card in India, drive the demand for smart cards for use in a number of sectors. Moreover, security concerns, particularly within the public sphere, are also expected to fuel the growth of the smart card market in APAC.

Thales Group (France), IDEMIA (France), Giesecke + Devrient GmBH (Germany), CPI Card Group (US), HID Global Corporation (US), Watchdata (China), Eastcompeace (China), Inteligensa (US), ABCorp (US), and CardLogix (US) are a few major players in the smart card market.

5G Fixed Wireless Access Market to grow at a CAGR of 135.9% by 2026

The 5G fixed wireless access market was valued at USD 277 million in 2019 and is projected to reach USD 86,669 million by 2026; it is expected to grow at a CAGR of 135.9% from 2020 to 2026. Increasing adoption of advanced technologies such as machine-to-machine (M2M) and Internet of Things (IoT) and rising use of millimeter-wave technology for 5G fixed wireless access are expected to drive the growth of the 5G fixed wireless access market.

Sub-6 GHz segment to account for the largest share of 5G fixed wireless access market

The sub–6 GHz segment is projected to account for a share of 52% of the 5G fixed wireless access market, in terms of volume, in 2026. One of the key reasons for the growth of this segment is that majority of the telecommunication operators have deployed 5G networks in their sub–6 GHz frequency spectrums. There are more than 140 telecommunication operators who have invested in 5G networks in the sub–6 GHz or C-band spectrum. This is because C-band, specifically, 3,300–4,200 MHz range, allows performance to be well balanced in terms of throughput and coverage, which are ideal for 5G fixed wireless access services. C-band is the most used spectrum for 5G commercial networks in urban, suburban, and rural areas across the world. With a combination of indoor and outdoor CPE, C-band extends the 5G fixed wireless access services to cover a radius of more than 5 km and supports a maximum throughput of above 5 Gbps.

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Semi-Urban segment to account for the largest share of 5G fixed wireless access market during forecast period

The semi-urban segment is projected to account for the largest share of the 5G fixed wireless access market in 2026. The growth of this segment can be attributed to the fact that in semi-urban areas, the density of the population is sparse. Hence, these areas require significantly high investments to connect subscribers with a network through wireline infrastructures. With high-power transmissions/receptions and advanced antenna technologies, wireless links can effectively reach rural areas without any major construction required as only base stations and customer premises equipment require to be installed. In several situations, operators are required to provide temporary coverage in some areas wherein there is little or no demand for Internet connectivity; for instance, skiing resorts during winters. Fixed wireless access is a flexible, quick, and cost-effective solution to cater to the rural/temporary Internet requirements.

APAC is leading the market for 5G fixed wireless access market

APAC is projected to account for the largest share of the overall 5G fixed wireless access market in 2026. The fixed wireless access market in APAC has been studied for China, Japan, South Korea, India, and the Rest of APAC. The region is home to a few fastest-growing and leading industrialized economies such as China, South Korea, and Japan in the world. It is witnessing dynamic changes in terms of the adoption of new technologies and advancements across industries. 5G networks are expected to play an integral role in the adoption of advanced technologies such as IoT and M2M communication. They are also important for developing smart cities and carrying out industrial automation as they connect multiple devices at the same time and offer low latency, thereby improving the overall performance of systems.

Key Market Players

Major players are Nokia (Finland), Samsung Electronics (South Korea), Huawei Technologies Co., Ltd. (China), Ericsson (Sweden), Mimosa Network, Inc. (US), Siklu Communication (Israel), Vodafone (UK), Verizon Communications Inc. (US), Inseego (US), and CableFree (UK) and so on.

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COVID-19 Impact on the 5G Fixed Wireless Access Market

As the pandemic has severely hit the global economy, its impact can be far-reaching and worse if not contained effectively. Several industries have been adversely impacted by the crisis and the global telecommunications industry is no exception. The developments in wired and wireless network communication technologies owing to an exponential rise in data traffic have resulted in significant investments in 5G technology by network infrastructure providers. The COVID-19 spread will certainly delay 5G rollouts, and subsequently, 5G fixed wireless access services across the world. Countries such as China, Japan, South Korea, the UK, Germany, and the US are leading the deployment of 5G infrastructures, though the coverage has been limited to small, densely populated areas only. 2020 could have had been the year of the massive deployment of 5G infrastructures, specifically 5G small cells and 5G mobile computing devices in the absence of the COVID-19.

Thursday, August 26, 2021

North America Witness Largest Size of the Occupancy Sensor Market by 2025

The occupancy sensor market is projected to reach USD 3.6 billion by 2025 from USD 2.9 billion in 2020; it is expected to grow at a CAGR of 13.3% during the forecast period. The growth of the occupancy sensor market is driven by factors such as increasing need for energy-efficient lighting controls and the growing popularity of smart homes. On the other hand, the rising trend of green buildings across the world is among the major factors that are likely to create growth opportunities for the market.

The passive infrared-based occupancy sensors accounted for the largest share of occupancy sensor market in 2019. These sensors are affordable and consume lower power than the other two technologies, which makes more it suitable for wireless network connectivity.

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The occupancy sensor market for 180–360° coverage area is expected to account for the highest share during the forecast period. There is a strong demand for higher coverage area occupancy sensors as a single occupancy sensor can be installed in large rooms such as large office floors, conference rooms, and classrooms, whereas 89° and 90–179° coverage area-based sensors are used mostly in smaller spaces due to their limited field of view.

The occupancy sensor market for residential building type is expected to grow at the highest CAGR during the forecast period. In the current market scenario, most house owners prefer their residences to be installed with the latest technologies, which also help them manage energy usage and minimize the cost. Moreover, growing awareness regarding home automation and smart homes among occupants are expected to drive the occupancy sensor market for residential buildings.

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North America led the global occupancy sensors market in 2019. The demand for occupancy sensors in North America for commercial and residential buildings is more than other geographies. This demand is attributed to the value chain for the occupancy sensors market being well-organized and well-managed in the region. The US continues to remain the largest market for occupancy sensors across the region. The occupancy sensor market in the US is primarily driven by supportive government plans and the presence of key players in the country, along with their offerings.

APAC & North America to Hold Largest Share of Semiconductor Manufacturing Equipment Market by 2025

The Semiconductor Manufacturing EquipmentMarket will grow to USD 95.9 billion by 2025 (forecast year) from USD 62.4 billion in 2020 (estimated year), at a CAGR of 9.0% between 2020 to 2025.

The key drivers fueling the growth of this market include the increasing investments in R&D facilities due to COVID-19 impact and increasing demand for electric and hybrid vehicles. Moreover, the growing consumer electronics market and increasing number of foundries due to COVID-19, trend of miniaturization and technology migration, and high demand for chips to provide computation power and connectivity for AI applications across the globe play a key role in driving the growth of the semiconductor manufacturing equipment market.

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The high demand for semiconductor devices has led to use of photolithography equipment

In 2019, the lithography segment accounted for the largest share of the semiconductor manufacturing equipment market, by front-end equipment. The increasing demand for semiconductor devices across the globe has led to the use of photolithography equipment for manufacturing semiconductor devices. The major reason for the largest size of the lithography equipment market is the high system cost, even though the shipment volume is comparatively small. The application of different semiconductor devices such as ICs and transistors in industries such as automotive, telecommunication, and consumer electronics has led to their increased demand.

Memory segment is projected to grow at a higher CAGR from 2020 to 2025

The memory segment of semiconductor manufacturing equipment market, by product type, is projected to grow at a higher CAGR during forecast period. New memory technologies such as magneto-resistive random access memory (MRAM) and resistive random access memory (ReRAM) are expected to replace traditional technologies. Moreover, memory devices require high-precision bonding, testing, cleaning, and packaging for the best performance. This shift in the memory market has demanded a change in the dynamics of manufacturing equipment, compelling semiconductor manufacturing equipment providers to develop more efficient designs for device manufacturers.

 

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APAC is projected to hold largest share of semiconductor manufacturing equipment market in 2025

APAC is expected to hold the largest share of the semiconductor manufacturing equipment market in 2025. The commanding position of APAC is due to the presence of a large number of OSAT companies in the region. These OSAT companies use various front-end, back-end, and fab facility equipment in the semiconductor fabrication process. Additionally, an increasing number of IDMs in the region is expected to boost the semiconductor manufacturing equipment market growth in the near future. Similarly, the mass production of electronic products such as smartphones, sensors, industrial equipment, and wearables among others in China and Taiwan is also expected to accelerate the market growth in APAC.


Tokyo Electron, LAM Research, ASML, Applied Materials, KLA-Tencor, Screen Holdings, Teradyne, Advantest Corporation, Hitachi High-Technologies, and Plasma-Therm are the key players in the global semiconductor manufacturing equipment market. These players are increasingly undertaking strategies such as product launches and development, expansions, partnerships, collaborations, agreements, merger and acquisitions to increase their market share.

Tuesday, August 24, 2021

Growing Demand for Digital Instrument Clusters through 2023

The instrument cluster market is expected to be worth USD 9.02 billion in 2018 and is expected to reach USD 10.72 billion by 2023, at a CAGR of 3.5% between 2018 and 2023. Increasing vehicle production worldwide and stringent government regulations for vehicle and passenger safety across the globe are driving the growth of the instrument cluster market. Growing demand for digital instrument clusters provides opportunities for the market players.

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The instrument cluster market for speedometer and odometer application is expected to grow at the highest CAGR between 2018 and 2023. Speedometer is a standard equipment in various types of vehicles. The major demand for speedometers is from passenger cars, two-wheelers, and commercial vehicles. The demand for speedometers and odometers is growing due to the growing need for vehicle safety. Many countries such as the US, China, and India are focusing on the safety of vehicle and passengers, which requires frequent monitoring of factors such as speed, fuel level, temperature level, oil level, among others. 

By vehicle type, two-wheeler is expected to grow at the highest CAGR between 2018 and 2023. Two-wheelers are one of the most versatile forms of transportation. APAC is the leading region for the two-wheelers market. The major demand for two-wheelers in APAC is mainly derived from countries such as China and India while other important countries include Indonesia, Thailand, Philippines, Malaysia, and Singapore. The demand for two-wheelers is highly dependent on the economic stability and average income levels of the country. Massive government spending in rural programs, large road-construction projects, and increasing population and urbanization are the major factors driving the growth of the two-wheelers market.

By technology, digital instrument cluster is expected to grow at the highest CAGR during the forecast period. OEMs preferring digital instrument clusters due to the growing demand from end users is the major driving factor for the digital instrument cluster market. Most automobile manufacturers are seeking to differentiate their vehicles through the provisioning of digital instrument clusters in their vehicles. Growing advancements in display technology also help drive this market. Many players are focusing on providing advanced display technology for their clusters considering the growing interest of end users in 3D technologies for a more immersive experience. Players providing digital instrument clusters include Continental (Germany), Visteon (US), DENSO (Japan), Robert Bosch (Germany), and Magneti Marelli (Italy), among others. 

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The instrument cluster market has been segmented on the basis of geographic regions into North America, Europe, APAC, and RoW. The market in APAC is expected to grow at the highest CAGR between 2018 and 2023. The Asia Pacific region is expected to provide ample opportunities to the instrument cluster market during the forecast period for different types of vehicles, including two-wheelers, passenger cars, and commercial vehicles, among others. The automotive industry in Asia Pacific has been very dynamic over the past few years, owing to the changing consumer preferences, increasing per capita income of the middle-class population, and low vehicle costs.

North America Hold Largest Market Size for Smart Alarm Monitoring Technology

The overall alarm monitoring market is expected to be valued at USD 45.70 Billion in 2018 and is likely to reach USD 59.83 Billion by 2023, at a CAGR 5.5% between 2018 and 2023. The major factors driving the growth of the market include attractive insurance policy discounts for installing security systems and increasing popularity of smart homes and home automation systems.

Software, services, and solutions held a major share of the overall alarm monitoring market in 2017. The software, services, and solutions segment dominates the market as most players in this market generate revenues through monitoring and installation fees, which they obtain as monthly recurring charges. Many players in this market offer free equipment and installation to expand their customer base.

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Among all communication technologies, wired telecommunication network held the largest share of the overall alarm monitoring market in 2017. Wired telecommunication is the most commonly used communication technology in the existing alarm monitoring systems; its reliability is a major reason of its dominating presence.

Among all end-use applications, building alarm monitoring held the largest share of the overall alarm monitoring market in 2017. Alarm monitoring systems installed in buildings are designed to detect emergency situations such as fire, smoke, intrusion, and flood. Residential buildings form a major segment of the market for building alarm monitoring; a major part of the overall revenue in this segment is generated through monthly recurring charges, which alarm monitoring companies obtain in lieu of monitoring services. Most companies catering to residential customers do not charge for the equipment or installation costs; however; they charge a monthly fee for monitoring.

Protocol inputs are electrical signals, which are formatted into a formal code that represents more complex information than that in case of discrete or analog signals. There are different types of protocols for transmitting telecom alarm data. With growing cyber security concerns, protocol signals are preferred over analog and discrete signals as these signals provide more security due to encryption.

North America is in the forefront in the evolution and development of alarm monitoring technology as this region is home to some of the largest multinational corporations in the world. Most leading players operating in the global alarm monitoring market are based in this region. Increased R&D in the field of remote monitoring, home automation systems, and Internet of Things, in terms of new and improved technologies, is a major factor driving market growth in North America. The emerging R&D activities at the academic and industry levels are broadening the application areas of alarm monitoring to include equipment monitoring, building alarm monitoring, environment monitoring, and medical equipment monitoring in North America. The market in APAC is expected to grow at the highest rate between 2018 and 2023 as the region is highly concerned about the increase in security spending owing to the ever-growing threat landscape in the region. In the recent years, APAC has undergone tremendous economic growth, political transformations, and social changes.

Some of the major players operating in the alarm monitoring market are ADT (US), Moni (US), Honeywell US), Securitas (Sweden), UTC (US), Schneider (France), Johnson Controls (US), Vivint (US), Vector Security (US), and Bosch (Germany).

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Sunday, August 22, 2021

EMI Shielding Solutions to be Used by Consumer Electronics and Automotive Industries

[221 Pages Report] The global EMI shielding market size is projected to grow from USD 6.2 billion in 2021 to reach USD 7.7 billion by 2026; it is expected to grow at a CAGR of 4.4% from 2021 to 2026. The growth of the EMI shielding market is majorly driven by surging demand for consumer electronics, increasing electromagnetic pollution, and ongoing field trials and pilot tests evincing the viability of 5G technology.

COVID-19 impact on the EMI shielding market

COVID-19 is an infectious disease caused by the novel coronavirus. Largely unknown before this outbreak across the world, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks. The World Health Organization (WHO) declared COVID-19 as a pandemic on March 11, 2020.

COVID-19 has impacted almost all the industries across the world by disrupting the supply chain and hindering various industrial operations. Most companies have halted their manufacturing activities or have reduced it to the bare minimum. COVID-19-responsive measures undertaken by governments, such as lockdown and social distancing, led to the closure of manufacturing plants in the initial stage of the pandemic. With very few industrial operations allowed, consumer electronics and automotive industries are experiencing a decline in the demand for products. The aforementioned factors have affected the market for EMI shielding as very few new EMI shielding solutions are expected to be used by these industries during the ongoing crisis.

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Conductive coatings & paints are expected to contribute the largest share to the EMI shielding market during the forecast period

By material, the conductive coatings & paints segment is estimated to account for the largest market share in 2021, followed by the conductive polymers segment. Conductive coatings & paints provide electromagnetic shielding for non-metal surfaces. However, they are more expensive than other EMI shielding solutions. In conductive coating, the surface resistivity is inversely proportional to the thickness of the coating. Materials such as silver, nickel, graphite, and silver-coated copper are used to create a conductive shield around the casing to prevent electromagnetic interference.

Radiation segment is expected to lead the EMI shielding market in 2021

The radiation segment is expected to dominate the EMI shielding market in 2021, contributing the largest share. Most electrical and electronic devices radiate electromagnetic signals. Increasing adoption of consumer electronics leads to a significant increase in electromagnetic pollution. Hence, these signals must be kept within limits to reduce the level of interference and avoid any damage to the electrical circuitry of a device and degradation in performance.

EMI shielding market in APAC contributed the largest share in 2020.

APAC held the largest share of the global EMI shielding market in 2020. In the near future, the presence of huge facilities producing automobiles and consumer electronics will play a key role in the development of the EMI shielding market in the region. The growth of the EMI shielding market in the region is attributed to the increasing use of electronic systems and equipment in automobiles and the rising focus on the deployment of 5G infrastructure.

Key Market Players

The EMI shielding players have implemented various types of organic as well as inorganic growth strategies, such as product launches, product developments, partnerships, and acquisitions to strengthen their offerings in the market. The major players are Parker-Hannifin (US), PPG Industries (US), 3M (US), Henkel (Germany), Laird Performance Materials (UK) among others.

Expanding Application and Advancements in E-nose Technologies during 2021-2026

The digital scent technology market is expected to grow from USD 1.0 billion in 2021 to USD 1.5 billion by 2026, at a CAGR of 9.2%. Expanding application and advancements in e-nose technologies,increasing use of e-nose devices for disease diagnostic applications, and emerging R&D activities to invent e-nose to sniff out COVID-19, and rising use of e-nose in food industry for quality assurance in production, storage, and display—are the key factors driving the digital scent technology market.

Based on the hardware device, the digital scent technology market has been divided into e-nose and scent synthesizer. E-nose held the highest share in 2020. E-nose traditionally is used in sectors such as food & beverages and cosmetics for quality control. Now, e-noses are majorly used in medical diagnosis, environmental protection, and explosives detection. Some major companies and research organizations, such as the eNose Company (Netherlands), Le Laboratoire (France), and Scent Sciences Corporation (US), develop e-noses. E-noses are classified on the basis of different sensors. The more commonly used sensors for e-noses include polymer sensors, piezoelectric sensors, MOSFET sensors, and optical fiber sensors.

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On the basis of applications, the market is categorized into food & beverage, military & defense, medical, marketing, environmental monitoring, entertainment, and others. The food & beverage segment requires an efficient and cost-effective device which can sense the smell of food and provide accurate information about its quality. There is significant interest in methods for the early detection of quality changes in food products. The development of e-nose technology has stimulated interest in the use of characteristic volatiles and odors as a rapid, early indication of deterioration in food quality. Some of the major manufacturers producing digital scent technology products for food & beverages applications are Alpha MOS SA (France), ScentSational Technologies (US), and Electronics Sensor Technology (US).

Among all regions, APAC is expected to register the highest growth in the digital scent technology market during the forecast period. China, Japan, India,and Rest of APAC are covered under the APAC digital scent technology market analysis. China is among the fastest-growing economies in APAC, owing to its huge population, followed by India. Technological advancements and elevating use of electronic noses for agriculture and food & beverage applications fuel the growth of the digital scent technology market in APAC. The aforementioned factors are driving the growth of the digital scent technology market in APAC.

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