Industry Trends and Growth Drivers: Embedded Antenna Systems Market Size and Share Analysis

The embedded antenna systems market was valued at USD 3.2 billion in 2020 and is expected to reach USD 8.4 billion by 2027; it is anticipated to register a CAGR of 14.9% during the forecast period from 2021 to 2027.

The key factors driving the growth of the embedded antenna systems market include increasing adoption of embedded antenna in Internet of Things devices, increasing demand for low-power wide area (LPWA) networks in IoT applications, and others.

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Chip antenna segment to account for the largest share of embedded antenna systems market during the forecast period

On the basis of antenna type, the embedded antenna systems market has been segmented into PCB trace antenna, chip antenna, patch antenna, FPC antenna and others. The chip antenna segment of the embedded antenna systems market is projected to hold the largest market share than all other antenna types owing to the heavy consumption of chip antennas by consumer electronics manufacturers globally.

Consumer Electronics to account for the largest share of embedded antenna systems market during the forecast period

Based on end user, the embedded antenna systems market has been segmented into consumer electronics, automotive & transportation, industrial, communication (datacom & telecom), healthcare, aerospace & defense, and others. The consumer electronics segment holds the largest share of the embedded antenna systems market from 2021 to 2027, as these antennas are used extensively in smartphones, tablets, smart TVs, wearables, gaming consoles, and other peripheral devices for wireless applications such Bluetooth, WLAN, Wi-Fi, GPS, and others.

APAC to account for the largest share of embedded antenna systems market during the forecast period

Among all regions, APAC held the largest market share in 2020. The market in APAC is also expected to grow at the highest CAGR during the forecast period, owing to the concentration of consumer electronics manufacturers in the region. The growing penetration of smartphones and smart home devices in the developing countries in APAC is expected to spur the demand for embedded antennas in the region. Government investments in urban planning and smart city development in China and India are expected to provide new growth opportunities for IoT devices during the forecast period; this, in turn, is expected to drive the adoption of embedded antennas in cellular and LPWAN connectivity devices.

The novel coronavirus has affected the global economy to a large extent. The economies in APAC, including Japan, China, South Korea, India, and Australia, have a significant contribution toward the global economy as they are home to various manufacturing and assembly plants in the world. China, which is known as the manufacturing hub of the world, faced a serious economic crisis owing to the spread of the virus and brought all economic activities to a standstill for weeks. The other countries, such as India, Australia, South Korea, and Japan, have also witnessed a downfall in the economic activities across various sectors.

Some of the key players in the embedded antenna systems market are Molex (US), Taoglas (Ireland), Kyocera AVX (US), Linx Technologies (US), Antenova Ltd. (UK), Yageo Corporation (Taiwan), Abracon (US), Ignion (Spain), TE Connectivity (Switzerland), and so on.

Insights into the Warehouse Management System Market: Global Forecast and Analysis till 2026

The global warehouse management system (WMS) market size is expected to grow from USD 2.8 billion in 2021 to USD 6.1 billion by 2026, at a CAGR of 16.7%. 

Emerging economies are mainly contributing to the growth of the industry. New manufacturing units are now being set up in developing nations due to the ease of business norms and policies and cheap labor availability. Rising investments in these countries by global multinationals are also a key contributor to the growth of the WMS market.

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Software segment to hold the largest share of the warehouse management market in 2021

The software segment is expected to hold a larger market share from 2021 to 2026. Increasing awareness about WMS software among small and mid-sized enterprises (SMEs), the globalization of supply chain networks, and the growing share of cloud-based WMS software solutions are the key factors boosting the demand for WMS software. Further, the rising demand for highly sophisticated warehousing and logistics infrastructure is expected to drive the growth of the WMS market for software. For instance, in May 2020, Manhattan Associates announced a new Manhattan Active warehouse management solution, a cloud-based enterprise-level warehouse management system that combines every aspect of distribution and never needs upgrading. The Manhattan Active WMS is sold in multi-year cloud subscription options and can be operated through a mobile phone, tablet, or desktop. Companies innovating offerings and functionalities are enhancing user experience and improving operational efficiency, which is leading the growth of the WMS software market.

3PL industry to hold the largest share of the warehouse management system market during the forecast period

The 3PL industry is one of the primary drivers of the WMS market. Factors such as the growing need for efficient order management, increased outsourcing of logistics and transportation operations, and the globalization of supply chain networks has fueled the adoption of warehouse management systems in the 3PL industry. The trend of industrial automation has initiated most organizations to focus on the adoption of warehouse automation systems to achieve high operational efficiency and functional capabilities. The leading warehouse management system providers are focusing on the delivery of industry-specific customization in WMS that provides an end-to-end solution, allowing organizations to coordinate their procedures and inventory across their network.

The WMS market for the e-commerce industry is expected to grow at the highest CAGR from 2021 to 2026. Short delivery times, accurate order processing, advanced shipment tracking, and the increasing number of online shoppers are a few of the key factors boosting the adoption of warehouse management systems in this industry.

The warehouse management system market in APAC is expected to grow at the highest CAGR from 2021 to 2026

APAC is the fastest-growing market for warehouse management systems. The growth of the market in this region can be attributed to the tremendous growth of the e-commerce and manufacturing industries in emerging economies such as China, India, and Indonesia. China is a key contributor to the growth of the WMS market in APAC owing to its huge industrial and manufacturing sector. India is one of the fastest-growing markets for WMS in APAC.

Major companies operating in this warehouse management system market include Manhattan Associates, Inc. (US), Blue Yonder Group, Inc. (US), HighJump (Körber) (US), Oracle Corporation (US), IBM (US), and SAP (Germany).

Fiber Optic Collimating Lens Market Report, Trends, Forecast to 2026

The global Fiber-Optic Collimating Lens Market size is projected to grow from USD 554 million in 2021 to USD 1,081 million by 2026; it is expected to grow at a CAGR of 13.3% from 2021 to 2026.

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The demand for 5G networks and their applications, such as cloud-based networking, gaming, video streaming, etc., is increasing in the telecom and networking industries. The increased demand for high-speed internet with proper connectivity can be assured by fiber optics and its components, such as collimating lenses. Growing demand for high-speed internet will act as a foundation for more internet connections, which is likely to boost the demand for more advanced internet infrastructure, which includes cables, connectors, fiber-optic collimating lenses, and other several components. Digital transformation is influencing almost every industry, with volumes of data growing rapidly. Intelligent networking of machines and sensors requires data to be transmitted for analysis and control purposes within a specific radius, which can be fulfilled by a 5G-enabled network.

According to Ookla, LLC (US), the number of 5G deployments and 5G operators worldwide reached 18,731 and 157, respectively, in 2020. As per MarketsandMarkets™, there would be 250 million 5G subscriptions by the end of 2021 and 2.9 billion by 2026. Despite the unexpected events of 2020, 5G deployment and adoption kept increasing. Also, the 5G ecosystem is broadening with the accelerated pace of 5G during 2020 with the deployment of many 5G networks and 5G-enabled devices. 5G adoption is growing in momentum in both domains – networks and devices – with over 150 5G devices launched commercially in 2020. Thus, the rising demand for 5G networks is one of the major drivers for market growth.

1000–1500 NM wavelength to dominate fiber-optic collimating lens market during the forecast period

The 1000–1500 nm range is expected to hold a major share of the fiber-optic collimating lens market, and the market for the same is expected to grow at the highest CAGR during the forecast period. Fiber-optic collimating lenses with wavelength range from 1000–1500 nm have a major demand, as such lenses are widely used for various end-use applications such as spectroscopy and light & display measurement, among others.

Communication to hold the largest share of fiber-optic collimating lens market in 2021

Fiber-optic collimating lenses are used in communication, medical diagnostics & imaging, lasers and detectors, metrology, microscopy & spectroscopy, and others (display applications, cytometry, artificial intelligence, and LiDAR). The communication segment holds the largest market share owing to the increasing demand for digitalization and the growing need for being connected. The fiber-optic collimating lens market for communication was valued at USD 209.0 million in 2020 and is expected to reach USD 392.0 million by 2026; it is anticipated to grow at the highest CAGR of 11.7% during the forecast period. The growing demand for fiber in the communication application is the key driver for the growth of this segment.

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APAC to capture the largest share of fiber-optic collimating lens market

APAC is expected to hold the largest share of the fiber-optic collimating lens market during the forecast period. The fiber-optic collimating lens market in APAC was valued at USD 221.9 million in 2020 and is expected to reach USD 468.4 million by 2026; it is anticipated to grow at a CAGR of 13.7% between 2021 and 2026. Asian countries, particularly China and India, are expected to offer significant growth opportunities to the manufacturers of fiber-optic collimating lenses in the coming years.

AMS Technologies AG, IPG Photonics Corporation, Coherent, Fabrinet, Thorlabs Inc, Daheng New Epoch Technology, Inc (CDHC), Edmund Optics, FS.Com, and Gooch & Housego are the major players in this market. The report also profiles the companies such as TRIOPTICS, SCANLAB GmbH, Rochester Precision Optics, LightPath Technologies, CeramOptec, Fiberguide Industries, Inc., OZ Optics, Ltd., Avantes, and Laser Mechanisms with their company profiles, recent developments, COVID-19 developments, and key market strategies.

Gesture Recognition and Touchless Sensing Market Analysis and Forecast 2026

The Gesture Recognition and Touchless Sensing Market is projected to reach USD 37.6 billion by 2026 from USD 13.6 billion in 2021; it is expected to grow at a CAGR of 22.6% from 2021 to 2026. North America has the largest market share for gesture recognition and touchless sensing. Whereas, APAC has the highest growth rate and is expected to grow at the highest CAGR during the forecast period owing to the rapidly changing face of technology and customer needs in high-potential markets such as China, Japan, South Korea, and India. Due to advancements in technology and the emergence of new business models as well as new infrastructural developments in the developing cities of the region, the gesture recognition and touchless sensing market is exhibiting an upbeat outlook. The growing awareness of hygiene and advancement of security standards would further fuel the adoption of gesture recognition and touchless sensings in APAC. Furthermore, growth in end-use sectors and mounting investments from government bodies are also favoring the growth of the gesture recognition and touchless sensing market in the region.

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In technology, the touchless technology segment is expected to grow at the highest rate of the gesture recognition and touchless sensing market

Touchless technology combines linguistics with wireless signals to analyze, judge, and integrate human gestures and sensing by using intelligent algorithms. Gesture recognition is achieved with the help of machine learning technologies. Touchless technology is affected by some objective factors, such as the user's position and non-line of sight conditions. Touchless user interface (TUI) is an emerging type of technology concerning gesture control. TUI is the process of commanding the computer via body motion and gestures without touching a keyboard, mouse, or screen. Touchless gesture recognition in a vehicle improves safety while driving. The less time the driver spends navigating through menus, the more time focused on the road. The touchless technology market is expected to dominate the gesture recognition and touchless sensing market, by technology, during the forecast period. The large share of this market segment can be attributed to the larger customer base for touchless technologies. The consumer electronics industry has largely adopted touch-based gesture recognition technology due to its low cost and increased use by original equipment manufacturers. Touch-based technology is also largely used in gaming and automotive applications due to the emerging human-machine interaction technology for touch-based gesture recognition.

The high growth rate throughout the forecast period for touchless devices is due to the enhanced user experience while operating touchless devices.

The online type segment, of the gesture recognition market is projected to hold a larger share during the forecast period

Online gesture recognition is used to scale or rotate a tangible object and control a machine or a computer in real-time. Also called direct manipulation gestures, it lets the user interact with objects and impose changes viewable as done to them. Online gestures are regarded as direct manipulation, such as scaling and rotating. In contrast, offline gestures are usually processed after the interaction is finished—for example, a circle is drawn to activate a context menu. Offline gesture recognition is a relatively newer technology than online gesture recognition, owing to which the rate of recognition in offline gestures is lower than that of online gestures.

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The gesture recognition and touchless sensing market in APAC is projected to have the highest CARG during the forecast period (2021-2026)

The gesture recognition and touchless sensing market in APAC is projected to have the highest CARG during the forecast period (2021-2026)

The gesture recognition and touchless sensing market in APAC comprises China, Japan, South Korea, India, and the Rest of APAC, which primarily includes Australia, Singapore, Malaysia and Thailand. It is expected to be the fastest-growing market for gesture recognition and touchless sensing during the forecast period. Developing countries in the Asia Pacific region also have vast growth potential and a favorable environment for product manufacturers. Therefore, the touchless sensing market in the Asia Pacific region is expected to grow at the highest rate during the forecast period. The increasing number of smart city and smart infrastructure projects undertaken by the governments will create several opportunities for gesture recognition and touchless sensing in the next few years. The increasing awareness regarding hygiene and advanced security standards in emerging countries, such as India and China, are propelling the growth of the gesture recognition and touchless sensing market. Moreover, governments give prime importance to security in countries such as China, Japan, and South Korea. Moreover, the growing demand for gesture-enabled products, such as smartphones, laptops and tablets, and smart TVs, is expected to propel the growth of the gesture recognition market in APAC. The biometrics market in the APAC region is set to grow owing to technological advancements in biometric technology and the low costs of biometric equipment. The increasing security concerns in the regions major countries have driven the need for accurate and reliable biometric systems. The e-passport program has picked up pace in many countries, and the Aadhaar number initiative by the Indian government has created an increasing demand for touchless biometrics. The demand for touchless biometrics is on the rise owing to the accuracy of biometric systems. Contactless biometric solutions are more hygienic as compared to touch-based biometric systems. The huge demand for smartphones and tablets is a prominent driver for the gesture recognition market in the APAC region. This is evident with the number of products launched from the OEMs in the last two years.

The major companies in the gesture recognition and touchless sensing market are Microsoft Corporation (US), Microchip Technology Inc. (US), Apple Inc. (US), Google LLC (US), Sony Depthsensing Solutions SA/NV (Belgium), Infineon Technologies (Germany), Cognitec Systems GmbH (Germany), GestureTek (Canada), OmniVision Technologies (US), IrisGuard (UK), Cipia (Israel), Elliptic Laboratories (Norway), XYZ Interactive (Canada), pmdtechnologies ag (Germany), Oblong Industries Inc. (US), Gesture Research (India), PointGrab Inc. (Israel), ESPROS Photonics (Switzerland), HID Global Corporation (US), OMRON Corporation (Japan), Ultraleap (UK), German Autolabs (Germany), iProov Ltd. (UK), Qualcomm (US) and Toposens (Germany).

Medical Alert Systems Market Rise USD 11.1 billion by 2026

The Medical Alert Systems Market is expected to grow from USD 6.8 billion in 2021 to USD 11.1 billion by 2026; it is expected to grow at a CAGR of 10.3% during the forecast period. The major driving factors for the growth of the medical alert systems market include increase in the geriatric population, increase in adoption of life-saving and tracking systems and the growing inclination of the elderly population towards independent living.  

 

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Two Way Voice Systems technology shows significant adoption during the forecast period.

Two-way voice systems mainly consist of a console unit and are connected to the traditional landline phones in the case of the in-home medical alert system. In the cellular network-based system, the console unit comes with a SIM card or has been pre-enabled to connect with a cell network connection. The console unit is connected with the monitoring center whenever a user sends the emergency signal or the sensor detects a fall. Advancements in technology have developed a smart console unit, which works on the VoIP or 4G LTE network for faster communication. Two-way voice systems find application in homes, hospitals and clinics, and long-term care facilities.

PERS (Personal Emergency Response System) to dominate the wireless connection type segment in the market during the forecast period.

The PERS segment accounted for a larger share of the wired medical alert systems market in 2020, and a similar trend is likely to be observed in the coming years owing to the developments in connected devices and adoption of the Internet of Medical Things (IoMT). Advances in medical technology have resulted in the adoption of smart devices with multiple functions to improve the quality of elderly care. This has led to an increase in demand for wired devices among elderly citizens.

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Europe to show significant growth in market share in the forecast period

The elderly population in Europe is rising rapidly, and there is a need to manage this aging population. Countries such as Germany, the UK, Italy, and France have more than 20% of the population 65 years and beyond, and it is increasing significantly. Germany accounted for the second-largest market share in 2020, and the market in the country is projected to grow considerably owing to the established healthcare infrastructure, high per capita expenditure on healthcare, and various healthcare initiatives by the government. Other factors for the high demand for medical alert systems are the growing awareness among the elders regarding personal health.

Philips (Netherlands), Connected America (US), Valued Relationships (US), Medical Guardian (US), ADT (US) Guardian Alarm (US), Bay Alarm Medical (US), MobileHelp (US), Alert1 (US), and LifeFone (US) are among the key players operating in the medical alert systems market.

Global Defense Industry Outlook – Development & trends in 2023/2024

The global military expenditure is estimated to be USD 2,012.1 billion in 2023 and is expected to reach USD 2,132.0 billion in 2024, growing at an annual rate of 2.74% from 2023 to 2024.

 

Various regions around the world confront distinctive security challenges, including but not limited to territorial disputes, regional rivalries, and cross-border conflicts. In response to these concerns and to maintain regional stability, countries commit substantial portions of their financial resources to defense. For instance, in the Asia-Pacific region, the escalating military capabilities of China have compelled neighboring nations to fortify their defense capabilities. Similarly, the Middle East contends with security threats emanating from terrorism, internal conflicts, and external aggression, prompting regional nations to allocate significant financial resources to safeguard their interests. The strategic allocation of defense budgets is also influenced by regional defense cooperation and alliances, as nations strive to bolster collective security and deter potential aggressors. These factors are anticipated to exert a considerable impact on global defense budgeting in the forecast period.

 

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Key players in the study include Northrop Grumman Corporation (US), BAE Systems (UK), Lockheed Martin Corporation (US), Rheinmetall AG (Germany), Oshkosh Corporation (US), Hanwha Defense (South Korea), among others.

 

The Airborne platform segment is expected to lead the budget allocation in 2024 and beyond.

 

Globally, the Airborne platform is seeing new investments along with new programs and developments. This is due to an increased focus on precision engagement, rapid global mobility, agile combat support, electronic warfare, strategic mobility, and global reach. Due to these investments and factors, the Airborne platform is projected to grow from USD 72 billion in 2023 to USD 75 billion by 2024 at an annual rate of 2.1%. The Army, across the globe, has seen multiple modernization initiatives with upgrading future soldier systems, developing new armored vehicles, accuracy and range improvements in artillery and missile systems, counterinsurgency operations, urban warfare, and logistics post the Russia-Ukraine war. For instance, the Indian Army has ongoing modernization programs with 93 projects worth USD 18.4 billion. The Naval platform has witnessed an increased focus on the acquisition of new naval vessels, the development of aircraft carriers, nuclear-powered submarines, unmanned submersibles, and surface vessels, and the improvement of Anti-Access/Area Denial (A2/AD) owing to rising territorial disputes and maritime security.

 

The army domain is expected to dominate the budget analysis in 2024.

 

In the domain allocation segment of the defense budget, the army subsegment is expected to dominate the defense budget analysis and is projected to grow from USD 621.3 billion in 2023 to USD 655.1 billion by 2024 at an annual rate of 2.7%. This is due to the primary focus on maintaining a capable and well-equipped military force to ensure national security and defense preparedness. The army segment includes personnel, training, operations, equipment procurement, research and development, and maintenance expenditures. The increasing global security threats, geopolitical tensions, and the need to adapt to evolving defense landscapes further drive allocating a significant portion of the defense budget toward military forces. As a result, the army domain is anticipated to hold a significant market share in the defense budget allocation, reflecting the importance of maintaining a robust and modern military capability.

 

North America region is estimated to account for the largest share in 2024 while the Asia Pacific region is expected to witness substantial investments in defense industry across countries.

 

The world military expenditure analysis has been studied in North America, Europe, Asia Pacific, and the Rest of the World. North America is projected to have the largest share in the world defense budget allocation market. This dominance is driven by the substantial defense budget of the United States, the presence of advanced defense industries, and the region’s active military engagement and global security responsibilities. The upswing in expenditures on modernization initiatives in the Asia Pacific region is driven by several factors, including the growing sophistication of weapon systems, the necessity to replace aging equipment, and the aspiration to maintain a technological edge. Countries like India, Japan, South Korea, and Australia are channeling substantial investments into novel weapons systems such as fifth-generation fighters, stealth bombers, and missile systems.

Forecasting a Booming Thermal Imaging Industry Valued at $4.7 Billion by 2026

The Thermal Imaging Market is projected to grow from USD 3.6 billion in 2021 to USD 4.7 billion by 2026, growing at a CAGR of 5.5% during the forecast period.

The key factors driving the growth of the global thermal imaging market include Increasing government expenditure on the aerospace & defense sector boosting the growth of the thermal imaging market, Increasing adoption of thermal imaging in the automotive industry, growing R&D investments by companies, governments, and capital firms for developing innovative thermal imaging solutions, and others.

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Thermal cameras segment to account for the largest share of thermal imaging market during the forecast period

On the basis of product types, the thermal imaging market has been segmented into three categories—thermal cameras, thermal scopes, and thermal modules. The thermal cameras segment held the largest share of the thermal imaging market in 2020 and is expected to continue this growth during the forecast period. Several reasons, such as an electronic image of high-quality precision produced in less time and the availability in different types (handheld, mounted, and standalone) and various micro-and nano-sizes, contribute to this dominance.

Security and surveillance segment to account for the largest share of thermal imaging market during the forecast period

Based on applications, the thermal imaging market has been segmented into security and surveillance, monitoring and inspection, and detection and measurement. The security and surveillance segment held the largest share of the thermal imaging market during the forecast period. Rapid urbanization increases the demand for advanced thermal imaging solutions for security and surveillance applications. The rising conflicts and terrorist activities among countries also increase the demand for well-equipped systems to monitor the countrys borders from the illegal intrusion of enemies and protect the country from them.

North America to account for the largest share of thermal imaging market during the forecast period

Among all regions, North America accounted for the largest share of the thermal imaging market and is expected to continue this growth during the forecast period. The region is home to the major producers of thermal imaging components, such as thermal cameras, scopes, and modules. The US is the major contributor to this region and accounts for ~89% of the total thermal imaging market share in North America. The growth of the thermal imaging market in this region is attributed to the presence of numerous manufacturers and distributors, the low cost of thermal imaging components, and the increasing government expenditure in the aerospace & defense sector.

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Some of the key companies operating in the market are FLIR Systems (US), Fluke Corporation (US), Leonardo (Italy), L3HARRIS TECHNOLOGIES (US), United Technologies (US), Axis Communications (Sweden), BAE Systems (UK), Opgal (Israel), Testo (Germany), Xenics (Belgium), Thermoteknix Systems (UK), and so on.

Unveiling the Explosive Growth of the Solid State Radar Sector: Valued at $2.0 Billion by 2026

The solid state radar market is projected to grow from USD 1.7 billion in 2021 to USD 2.0 billion by 2026; it is expected to grow at a CAGR of 4.2%from 2021 to 2026.  

The key factors fueling the growth of the market include advancements in solid state radar technologies, development of phased-array solid state radar, and increased demand for advanced weather monitoring radar. Additionally, the growing investments across the defense sector in the APAC is expected to create an opportunity for the solid state radar market.

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The 3D segment is projected to account for the largest share of the solid state radar market during the forecast period.

The 3D solid state radars are used in applications, such as surveillance, navigation, and weather monitoring. These 3D radars can provide high target location accuracy along and fully automatic operation modes, which has resulted in an increased demand for these radars in the military.

The market for S-band solid state radar is expected to grow at the highest CAGR during the forecast period

The S-band solid state radars provide highly accurate outputs and are stable at high power. Other advantages of these radars include clear images, reduced maintenance, and low running costs. The growing air traffic and increasing investments in airport infrastructure development in various countries across the globe are key factors expected to boost the market of S-Band solid state radars.

The non-commercial industry in solid state radar is expected to grow at the highest CAGR during the forecast period.

The solid state radars are used by police forces, border security forces, coastal & maritime patrol officers, and search & rescue operatives. These radars are also used to detect targets and determine their position, course, and speed over a long-range. Solid state radars facilitate intelligence gathering, surveillance, and reconnaissance. Thus, all these factors are expected to drive the growth of solid state radar market for this segment.

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North America held the largest share of the global solid state radar market during the forecast period.

The increased adoption of solid state radars in the navigation, border security, surveillance, and traffic management applications is the major reason for the growing demand for radars in the commercial as well as non-commercial industries. The demand for solid state radars is expected to increase with the growing investments across the defense sector in the region.

The key players operating in the solid state radar market include Lockheed Martins (US), Raytheon Technologies (US), Honeywell (US), Thales Group (France), Leonardo (Italy), Elbit Systems (Israel), Garmin (US), Indra (Spain), Wartsila (Finland), and Teledyne Flir (US).

Embedded Antennas Systems Market Rise at a CAGR of 14.9% during 2021-2027

According to the new research report the "Embedded Antenna Systems Market with COVID-19 Impact Analysis, by Antenna Type (Chip, Patch, PCB Trace and FPC), Connectivity (Wi-Fi/Bluetooth, GNSS/GPS, Cellular, LPWAN, and UWB), End User, and Geography - Global Forecast to 2027", published by MarketsandMarkets™, the Embedded Antenna Systems Market was valued at USD 3.2 billion in 2020 and is expected to reach USD 8.4 billion by 2027; it is anticipated to register a CAGR of 14.9% during the forecast period from 2021 to 2027.

The key factors driving the growth of the embedded antenna systems market include increasing adoption of embedded antenna in Internet of Things devices, increasing demand for low-power wide area (LPWA) networks in IoT applications, and others.

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Chip antenna segment to account for the largest share of embedded antenna systems market during the forecast period

On the basis of antenna type, the embedded antenna systems market has been segmented into PCB trace antenna, chip antenna, patch antenna, FPC antenna and others. The chip antenna segment of the embedded antenna systems market is projected to hold the largest market share than all other antenna types owing to the heavy consumption of chip antennas by consumer electronics manufacturers globally.

Consumer Electronics to account for the largest share of embedded antenna systems market during the forecast period

Based on end user, the embedded antenna systems market has been segmented into consumer electronics, automotive & transportation, industrial, communication (datacom & telecom), healthcare, aerospace & defense, and others. The consumer electronics segment holds the largest share of the embedded antenna systems market from 2021 to 2027, as these antennas are used extensively in smartphones, tablets, smart TVs, wearables, gaming consoles, and other peripheral devices for wireless applications such Bluetooth, WLAN, Wi-Fi, GPS, and others.

APAC to account for the largest share of embedded antenna systems market during the forecast period

Among all regions, APAC held the largest market share in 2020. The market in APAC is also expected to grow at the highest CAGR during the forecast period, owing to the concentration of consumer electronics manufacturers in the region. The growing penetration of smartphones and smart home devices in the developing countries in APAC is expected to spur the demand for embedded antennas in the region. Government investments in urban planning and smart city development in China and India are expected to provide new growth opportunities for IoT devices during the forecast period; this, in turn, is expected to drive the adoption of embedded antennas in cellular and LPWAN connectivity devices.

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Some of the key players in the embedded antenna systems market are Molex (US), Taoglas (Ireland), Kyocera AVX (US), Linx Technologies (US), Antenova Ltd. (UK), Yageo Corporation (Taiwan), Abracon (US), Ignion (Spain), TE Connectivity (Switzerland), and so on.

Warehouse Management System Market Rise $6.1 billion by 2026

According to the new research report "Warehouse Management System Market with COVID-19 Impact Analysis by Offering (Software, Services), Deployment (On Premises, Cloud), Tier Type (Advanced, Intermediate, Basic), Industry, and Region - Global Forecast to 2026", published by MarketsandMarkets™, the global Warehouse Management System (WMS) market size is expected to grow from USD 2.8 billion in 2021 to USD 6.1 billion by 2026, at a CAGR of 16.7%. 

Emerging economies are mainly contributing to the growth of the industry. New manufacturing units are now being set up in developing nations due to the ease of business norms and policies and cheap labor availability. Rising investments in these countries by global multinationals are also a key contributor to the growth of the WMS market.

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Software segment to hold the largest share of the warehouse management market in 2021

The software segment is expected to hold a larger market share from 2021 to 2026. Increasing awareness about WMS software among small and mid-sized enterprises (SMEs), the globalization of supply chain networks, and the growing share of cloud-based WMS software solutions are the key factors boosting the demand for WMS software. Further, the rising demand for highly sophisticated warehousing and logistics infrastructure is expected to drive the growth of the WMS market for software. For instance, in May 2020, Manhattan Associates announced a new Manhattan Active warehouse management solution, a cloud-based enterprise-level warehouse management system that combines every aspect of distribution and never needs upgrading. The Manhattan Active WMS is sold in multi-year cloud subscription options and can be operated through a mobile phone, tablet, or desktop. Companies innovating offerings and functionalities are enhancing user experience and improving operational efficiency, which is leading the growth of the WMS software market.

3PL industry to hold the largest share of the warehouse management system market during the forecast period

The 3PL industry is one of the primary drivers of the WMS market. Factors such as the growing need for efficient order management, increased outsourcing of logistics and transportation operations, and the globalization of supply chain networks has fueled the adoption of warehouse management systems in the 3PL industry. The trend of industrial automation has initiated most organizations to focus on the adoption of warehouse automation systems to achieve high operational efficiency and functional capabilities. The leading warehouse management system providers are focusing on the delivery of industry-specific customization in WMS that provides an end-to-end solution, allowing organizations to coordinate their procedures and inventory across their network.

The WMS market for the e-commerce industry is expected to grow at the highest CAGR from 2021 to 2026. Short delivery times, accurate order processing, advanced shipment tracking, and the increasing number of online shoppers are a few of the key factors boosting the adoption of warehouse management systems in this industry.

The warehouse management system market in APAC is expected to grow at the highest CAGR from 2021 to 2026

APAC is the fastest-growing market for warehouse management systems. The growth of the market in this region can be attributed to the tremendous growth of the e-commerce and manufacturing industries in emerging economies such as China, India, and Indonesia. China is a key contributor to the growth of the WMS market in APAC owing to its huge industrial and manufacturing sector. India is one of the fastest-growing markets for WMS in APAC.

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Major companies operating in this warehouse management system market include Manhattan Associates, Inc. (US), Blue Yonder Group, Inc. (US), HighJump (Körber) (US), Oracle Corporation (US), IBM (US), and SAP (Germany).

EMI Shielding Market 2023-2028: Forecasts, Technologies, Applications, Trends

 The global EMI shielding market was valued at USD  7.0 billion in 2023 and is estimated to reach USD 9.4 billion by 2028, registering a CAGR of 5.9% during the forecast period.

Growing industrialization and increasing demand for consumer electronics has driven the demand for EMI shielding. Also, the stringent government regulations in various industries such as automotive, consumer electronics and telecom, and incrasing investments by the manufacturers for expansion are fueling the market growth.

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Based on method, radiation segment is expected to dominate during the forecast period.

Radiation-based shielding methods have emerged as a dominant force in the EMI shielding market due to their versatility, effectiveness, and cost-effectiveness. These methods, which involve the use of electromagnetic waves to block or attenuate unwanted electromagnetic interference (EMI), can be applied to a wide range of materials and surfaces, making them a suitable choice for a diverse array of applications. They offer exceptional shielding capabilities, effectively protecting sensitive electronic components from EMI, and are often more cost-effective than other shielding methods, particularly in high-volume applications. Additionally, radiation-based shielding methods are relatively simple to implement and maintain, further contributing to their widespread adoption.

Based on industry, the consumer electronics segment is projected to have largest market share during the forecast period

The consumer electronics dominates in EMI shielding market. This is driven by the proliferation of compact consumer electronics devices that house sensitive electronic components. These components are susceptible to electromagnetic interference (EMI), which can disrupt their proper functioning and lead to performance degradation. As consumer electronics continue to evolve, with smaller form factors, higher data transfer rates, and an array of advanced features, the demand for sophisticated EMI shielding solutions intensifies. Additionally, the widespread adoption of electronic devices and the need to adhere to EMI shielding regulations are expected to serve as significant catalysts for market growth.

Based on region, India is projected to grow fastest in Asia Pacific for the EMI shielding market

The EMI shielding market in India is projected to exhibit the highest CAGR during the forecast period, driven by India's burgeoning electronics manufacturing industry. India has experienced a remarkable surge in the production of electronic devices, encompassing consumer electronics, telecommunications equipment, and IoT devices. This surge has resulted in a substantial increase in demand for EMI shielding solutions to protect these devices from electromagnetic interference. Furthermore, the telecommunications sector in India has witnessed exponential growth, including the deployment of 4G and 5G networks, further fueling the demand for EMI shielding solutions.

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Key Market Players

The EMI shielding companies is dominated by a few globally established players such as Parker Hannifin Corp (US), PPG Industries Inc. (US), 3M (US), Hankel (Germany), Laird Technologies Inc. (US), Leader Tech Inc. (US), MG Chemicals (Canada), Nolato AB (Sweden), Tech Etch Inc. (US), RTP Company (US), Schaffner Holding AG (Switzerland).

Environmental Sensor Market Outlook 2023: Expected Market Growth Rate, Major Challenges 2028

The environmental sensor market was valued at USD 1.8 billion in 2023 and is estimated to reach USD 3.0 billion by 2028, registering a CAGR of 11.0% during the forecast period.

The growth of the environmental sensor market is driven by implementation of stringent regulations to reduce air pollution, health and safety concerns, and increased deployment of air quality monitoring stations.

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Smart home segment to exhibit highest growth in terms of environmental sensor market during the forecast period

The smart home automation sector in the environmental sensor market is set to experience rapid growth in the coming years due to various driving factors. Increasing awareness of environmental conservation and the demand for energy-efficient solutions are propelling this expansion. Environmental sensors cater to the growing eco-conscious consumer base by monitoring and optimizing energy usage. The advent of the Internet of Things (IoT) and the widespread use of connected devices are turning conventional homes into smart, interconnected spaces. Environmental sensors, facilitating real-time data collection and analysis, enhance the efficiency of systems like heating, ventilation, air conditioning, lighting, and irrigation. This data-driven approach elevates user comfort and leads to substantial energy savings, making it an appealing choice for homeowners. Furthermore, stringent government regulations and initiatives promoting sustainable living encourage incorporating environmental sensors in residential spaces. With advancing technology making sensor solutions more affordable and sophisticated, the smart home automation segment within the environmental sensor market is poised for robust growth.

Environmental sensor market in Asia Pacific estimated to grow at the fastest rate during the forecast period

Asia Pacific region in the environmental sensor market is expected to grow at the fastest rate during the forecast period. The swift urbanization and industrialization are likely to have resulted in increased pollution levels and environmental concerns. Governments across Asia Pacific countries are implementing stringent regulations and initiatives to curb pollution, such as the National Clean Air Programme (NCAP) by the Government of India, the Special Measures Act on Fine Dust Reduction, and the Air Quality Management Act by the South Korea government, the Act on Promotion of Measures to Cope with Global Warming in Japan, etc. escalating the demand for advanced environmental sensors.

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Key Market Players

Major vendors in the environmental sensor companies include Honeywell International Inc. (US), Sensirion AG (Switzerland), Siemens (Germany), ams-OSRAM AG (Austria), Bosch Sensortec GmbH (Germany), OMRON Corporation (Japan), Raritan Inc. (US), Texas Instruments Incorporated (US), Schneider Electric (France), and Amphenol Corporation (US). Apart from this, Aeroqual (New Zealand), Alphasense (England), Apogee Instruments (US), Avtech (US), METER Group (US), Analog Devices, Inc. (US), STMicroelectronics (Switzerland), Figaro Engineering (US), TE Connectivity (Switzerland), Renesas Electronics Corporation (Japan), NuWave Sensors (Ireland), eLichens (France), RioT Technology (Canada), Develco Products (Denmark), and Breeze Technologies (Germany) are among a few emerging companies in the environmental sensor market.

Global Semiconductor Industry Outlook 2024 - Revenue Trends and Growth Drivers

The Global Semiconductor Industry Outlook for 2024 is set to furnish projections on the semiconductor industry’s performance, encompassing discrete semiconductors, optoelectronics, sensors, and integrated circuits, including analog, micro, logic, and memory.

To achieve this, the report will analyze the industry’s 2023 performance compared to 2022, highlighting pivotal developments in the semiconductor landscape during 2023. Furthermore, it will delve into the key trends in 2024 that are poised to influence the semiconductor industry, encompassing macro-economic shifts, global industry-agnostic trends, and industry-specific developments. These identified trends will serve as the driving forces and constraints shaping the semiconductor industry’s trajectory in 2024. Drawing insights from historical performance and the anticipated impact of these trends, the report will formulate forecasts for the semiconductor industry in 2024.

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The report offers a wealth of information about the semiconductor industry, such as:

2023:

Co-packaged Optics (CPO) is the next frontier. It is a technology that integrates optical and electronic components into a single package. The massive internet traffic growth has led tech giants to focus on research & development activities targeting advancements in the 6G networks. CPO technology holds promise for 6G networks, creating significant market opportunities for the silicon industry and optical transceiver suppliers.

Enterprises such as Intel Corporation, AMD, Apple Inc., Marvell, and IBM have brought implementations of chiplet to the market. The chiplet introduced to the market has predominantly been of the in-house, proprietary variety. In such solutions, all the chips are sourced from a single vendor, utilizing either in-house intellectual property (IP) or that of a manufacturing partner. Standards bodies are already developing open-source models which aim to simplify the design and manufacturing of multi-chip systems by providing a common interface for chiplet from different vendors. Thus, the developments around chiplet technology are expected to bring the next wave of Moore’s Law.

Next-generation memory devices such as Magnetoresistive Random-access Memory (MRAM), Phase Change Memory (PCM), and Resistive RAM (ReRAM) are taking center stage. The rising demand for next-generation memory technologies for enterprise storage applications and the surging adoption of these emerging memory technologies across smartphones and smart wearables are expected to drive market growth.

The increasing demand for AI applications in cloud computing data centers has fueled significant growth in the AI Chip market. GPUs currently dominate AI training workloads but are expected to face stiff competition from specialized ASICs. In 2023, the training market was primarily dominated by GPUs; however, we see an increasing role of ASICs in training and inference in years to come, with GPUs likely becoming more specialized for deep learning tasks. FPGAs will play a minor role in training, primarily for specific data center needs like rapid prototyping.

2024:

Quantum computing is rapidly evolving, with tech giants racing to build the most powerful machines. This race is driven by the potential of quantum computing to revolutionize various fields, including medicine, materials science, and artificial intelligence. 2024 will be the breakthrough year for quantum computing commercialization.

The DRAM (Dynamic Random-Access Memory) market is currently dominated by a few major players. This has led to concerns about price stability and the potential for market manipulation. However, the recent entry of Chinese state-owned DRAM players has the potential to disrupt the market and bring about more competition.

The semiconductor industry is rapidly shifting, with leading fabrication players (fabs) aggressively implementing advanced process nodes. This is driven by the ever-increasing demand for more powerful and efficient chips, fueled by the growth of artificial intelligence (AI), high-performance computing (HPC), and other data-intensive applications.

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The MarketsandMarkets - Global Semiconductor Industry Outlook 2024 report can help prepare semiconductor professionals and business leaders for the year ahead. The report incorporates years of experience in the rapidly expanding semiconductor sector, the opinions of industry experts, comprehensive evaluations by analysts, and extensive interviews with stakeholder groups worldwide.

The Growing Demand for Digital Printing for Tableware Market Industry

The digital printing fortableware market is projected to reach USD 452 million by 2029 from USD 326 million in 2024; it is expected to grow at a CAGR of 6.8% from 2024 to 2029.

Increased demand for sustainable printing, growing demand from the foodservice industry, rapid technological advancement in digital printers, and rapid prototyping and testing of new designs are driving the growth of the digital printing for tableware market. Increasing demand from the in-plant market and growing investment in R&D activities for digital printing for tableware products present lucrative opportunities in the market.

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Based on Ink Type, UV ink is expected to hold the largest market share in 2023. UV ink for digital printing for tableware refers to a type of ink specifically formulated for use in digital printing processes, where ultraviolet (UV) light is used to cure or dry the ink rapidly. This technology is commonly employed in the decoration and customization of various types of tableware, including plates, mugs, bowls, and other items made from materials like ceramics, glass, or porcelain.

Based on Application, the Ceramic and porcelain segment is expected to hold the largest market share. Digital printing for ceramic and porcelain tableware products involves the use of advanced printing technology to apply intricate and high-quality designs directly onto ceramic and porcelain surfaces. This modern printing method has become increasingly popular in the tableware industry due to its ability to offer customization, detailed graphics, and efficient production processes. It offers design flexibility, material compatibility, and durability for the digital printing process.

Based on Region, North America is expected to hold the largest market share for the digital printing for tableware market. In the North American digital printing for tableware market, the surge in consumer appetite for personalized tableware products and unique designs is driving the market growth. Additionally, some of the leading players in the market are based in this region, leading to more growth and scope for expansion of this market in this region.

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Key Market Players

SACMI (Italy), Electronics for Imaging, Inc. (US), Inkcups Now (US), Mimaki Engineering Co., ltd. (Japan), Boston Industrial Solutions, Inc. (US), PROJECTA ENGINEERING S.R.L. (Italy), Engineered Printing Solutions (US), INX International Ink Co. (US), KERAjet (Spain), Dip-Tech Digital Printing Technologies Ltd. (Israel).  are some of the key players in the global digital printing for tableware companies.