Semiconductors Market Reports

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The global quantum dots market size is anticipated to witness healthy growth during the forecast period of 2018 to 2025

Increasing demand for quantum dots in high-quality display devices will drive the quantum dots market

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Gallium Nitride (GaN) Semiconductor Devices Market

The global Gallium Nitride (GaN) Semiconductor Devices Market size is expected to witness significant growth over the forecast period. Gallium nitride is a robust material that encompasses several chemical properties due to which it is suitable in the manufacturing of various semiconductor devices. The global GaN market has been facing rigid competition from Silicon Carbide (SiC) semiconductor devices sector, over the past few years. However, the popularity of the product is anticipated to grow at a fast pace on account of tremendous rise in its application markets. 

Development of new technologies and increasing application scope of the product are the key drivers of this market. GaN-based devices have tremendous applications in hybrid and electric vehicles, while expensive industrial processes are one of the key challenges for this market. Another significant factor driving the GaN semiconductor devices market is the rise in the Radio Frequency (RF) semiconductor devices industry. The RF electronics industry has marginally different needs on characteristics of its components, semiconductor devices, and electronic devices associated with other segments of the global electronics sector. 

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The global Gallium Nitride semiconductor devices market is interconnected to the communications industry and involves usage of electronic devices to function at a wide range of communication frequencies, from standard frequencies to high ones, depending on the applications. Gallium nitride semiconductor material has great power characteristics, as well as high operating frequency. The product is widely used in the manufacturing of blue light-emitting diodes for Blu-ray disc players and blue laser diodes. The growth of this sector is expected to have a positive impact on the industry over the next seven years. 

Among the several product applications, consumer electronics sector accounted for the largest market share over the past few years. This was attributed to wide usage of the product in LED-based display and LED-based lighting. The communication sector was the fastest-growing and second-largest application segment driven by the high product penetration in RF-based applications, including power electronics switching equipment. 

Rising product demand from the industrial sector and solar power and wind energy industry is anticipated to fuel the growth of the global Gallium Nitride (GaN) semiconductor devices market over the forecast period. Rising application scope of the product in the aerospace and defense sectors, apart from Electric Vehicles (EVs), is also expected to offer numerous growth opportunities for the market development over the forecast period. These devices are much lighter, smaller, efficient, and tougher than silicon semiconductor devices. 

They also work as perfect alternatives for their silicon comparable devices, which have hit the maturity stage. Several additional features offered by GaN-based devices include better stability in some radiation environments and low sensitivity to ionizing radiation. Gallium nitride devices also have a scope in high-end power appliances in the military, defense and aerospace sectors, solar cell arrays, and in satellites, which are expected to fuel Gallium Nitride semiconductor devices market growth over the next few years. The market also has enormous revenue potential in transportation and automotive sector, mainly in the Hybrid Electric Vehicles (HEV) and EV segments of the industry. 

There are a few major companies present in the global market. However, the number is anticipated to grow over the forecast period, with numerous start-ups and semiconductor industry giants entering into the field. Presently, the GaN power semiconductors market accounts for less than 1.0 % of the global power semiconductors market. However, electronics and power semiconductors companies are anticipated to enter this new value chain, thus rapidly increasing its percentage share. 

North America, Asia Pacific, Middle East and Africa (MEA), Europe, and Latin America are the major regional markets. The North America, Asia Pacific, and Europe regions account for the maximum market share. Europe and North America are the chief establishment base markets. These regions lead in investments, innovation, company activities, and product developments due to which these markets would register a faster CAGR as compared to Asia Pacific, excluding Japan, over the next few years. 

Japan is anticipated to have the significant market share and lead the GaN wafer market over the forecast period. The market in Japan is driven by the upsurge in applications and numerous developments in the semiconductor industry. Japan plays an important role among all geographical regions, regarding distribution, and being headquarters to several key companies in this country. Few of the foremost companies in Japan include ROHM Company Limited, Toyoda Gosei Limited, Renesas Electronics, Toshiba Corporation, and Nichia Corporation. 

Some of the key companies in the global gallium nitride semiconductor devices market include Toshiba Corp., NTT Advanced Technology Corporation, International Quantum Epitaxy Plc, Fujitsu Ltd., Mitsubishi Chemical Corporation, Cree Incorporated, EPIGEAN NV, Texas Instruments, RF Micro Devices Incorporated, AZZURRO Semiconductors AG, Koninklijke Philips N.V., and Aixtron SE. 

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us:

Ryan Shaw

Hexa Research

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Global Microcontroller Market is Estimated to be valued at USD 26.9 billion by 2020

Global Microcontroller Market is estimated to be valued at USD 26.9 billion by 2020, as per a new research report by HexaResearch. Growing demand in key application areas such as automotive, consumer electronics and healthcare is expected to boost industry growth over the forecast period. Price reduction and quality enhancement may be achieved with the increasing deployment in healthcare industry. Moreover, increasing consumer awareness regarding energy efficient hybrid electric vehicles is likely to favor growth prospects. 

Proliferation of smart grid systems is expected to drive microcontroller market growth over the forecast period. These systems consist of digital communication and remote control facility, which in turn increases the demand of microcontrollers globally. However, economic slowdown in the industry is likely to pose challenges to industry participants.  

32 bit microcontroller was the leading product segment, with revenues reported at USD 6,658.1 million in 2013. Reduction in unit prices is responsible for the increase in demand. In addition, it is embedded in higher processing capabilities devices which are also spurring the demand for this product segment. 16 bit microcontroller was analyzed to be the second largest product segment and accounted for over 31% of the total revenue in 2013, growing at an estimated CAGR of 7.1% from 2014 to 2020.  

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Key report insights suggest:

Global microcontroller unit shipments were estimated at 17,393.6 million units in 2013 and are expected to register 39,108.5 million units by 2020, growing at an estimated CAGR of 12.3% from 2014 to 2020.

Asia Pacific microcontroller market dominated the regional demand with an estimated market share of 38.2% in 2013. It is also expected to be the fastest growing region, growing at a CAGR of 7.8% from 2014 to 2020. Increasing adoption of microcontrollers across various application segments including HVAC, energy, and mobile phones is expected to drive the regional demand.

Automotive industry dominated the demand with an estimated market share of 33.8% in 2013. This industry is also expected to be the fastest growing application segment, growing at a CAGR of 13% from 2014 to 2020. Increasing acceptance of electric and hybrid vehicles utilizing microcontrollers is expected to boost the market growth.

The microcontroller industry is moderately consolidated which consist of MNCs and local manufactures present are different levels in value chain. Key companies include Renesas Electronics, Samsung, Fujitsu, STMicroelectronics, Texas Instruments, Freescale Semiconductor and Infineon Technologies among others. 

For the purpose of this study, HexaResearch has segmented the microcontroller market on the basis of product, application and region:

Global Microcontroller Product Overview (Volume, Million Units; Revenue, USD Million, 2012 - 2020)

4/8-bit

16-bit

32-bit

Global Microcontroller Application Overview (Volume, Million Units; Revenue, USD Million, 2012 - 2020)

Automotive

Consumer Electronics

Industrial

Global Microcontroller Region Overview (Volume, Million Units; Revenue, USD Million, 2012 - 2020)

North America

Europe Middle East and Africa (EMEA)

Asia Pacific

Latin America 

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: [phone] Email: [email protected] Website - https://www.hexaresearch.com/

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Global Automotive Relay Market to Display 6.2% CAGR till 2020

Global Automotive Relay Market is anticipated to reach USD 12 billion by 2020, as per a new research report by Hexa Research Rising need for high-frequency signals in automotive industry is expected to drive demand. These relays enhance driving experience and provide greater safety for consumers. Escalating adoption rate of sophisticated electronic equipment coupled straight government initiatives regarding safety is likely to favor automotive relay market growth prospects. However, lack of standardization in components is likely to challenge industry participants. 

PCB replay was the leading product segment and was valued USD 5,500 million in 2013. It is expected to gain significant market share and reach USD 8,500 million at a CAGR of 6% from 2014 to 2020. Miniaturization of electromechanical relays is likely to promote its demand. Plug-in relays were the second largest product segment and accounted for over 32% share of the overall revenue in 2013. Increasing usage of electronic control modules along with electronic components are factors responsible for demand growth. 

Browse Details of Report @ https://www.hexaresearch.com/research-report/automotive-relay-market 

Key report insights suggest:

- Global automotive relay market was valued USD 8,372.0 million in 2013 and is likely to reach USD 12,584.5 million by 2020 growing with an estimated CAGR of 6.2% from 2014 to 2020. 

- Global demand in convenience was USD 885.4 million in 2013 which is expected to reach USD 1,255.8 million by 2020, growing at a CAGR of 5.3% from 2014 to 2020. Driver information is projected to be fastest growing application segment and accounted for 5% of the industry share in 2014 growing at an estimated CAGR of 6.7 % from 2014 to 2020. Increasing communication coupled with smartphone proliferation is expected to be the key driving force for the growth. 

- Asia Pacific dominated the regional demand with an estimated market share of 50% in 2013. This region is also expected to be the fastest growing region, growing at a CAGR of 7% from 2014 to 2020. Availability of raw materials and low labor costs are driving factors for the region. Europe is the second largest regional segment and is expected to reach USD 2,733.3 by 2020. 

- China is the largest contributor for automated relay market growing at a CAGR of 6.5 over the forecast period. India is expected to be the fastest growing region owing to increasing disposable. 

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: [phone] Email: [email protected] Website - https://www.hexaresearch.com

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Use of Barcode Printers in Retail Sectors

The global Barcode Printers Market value is projected to grow beyond USD 3.8 billion by 2024. Barcode printers are specialty printers which facilitate the printing tags or barcode labels that are openly printed on or connected to physical objects. They are usually used to tag cartons or retail objects with European Article Numbers (EANs) or Universal Product Codes (UPCs) prior to shipment. They also find usage in printing barcodes on wristbands for individual recognition in hospitals or events. 

Key products are industrial printers, desktop printers, and mobile printers. Mobile printers are mainly used by organizations’ sales employees for tickets, printing receipts, and labels, irrespective of the place and name. Desktop printers can be used for printing low to mid-volume labels, wristbands, receipts, and barcode. Industrial printers can also be used for high volume purpose counting order labeling and warehouse labeling. They are intended to function 24/7 in callous environments for mission critical operations. 

Browse Details of Report @ https://www.hexaresearch.com/research-report/barcode-printers-industry

Several print technologies are accessible in the barcode printers industry, that can be bifurcated into two chief groups, that is, impact and non-impact printing methods. Impact printing consists of drum printers and dot matrix, while non-impact printing involves laser printers, direct thermal, thermal transfer, and inkjet printers. Conversely, dot matrix segment is said to be the inexpensive technique for creating low to medium density on-site barcodes using numerous dots printed in matrix figure to make a sequence of lines and spaces. Inkjet printing finds usage in settings where high production of barcodes is necessary at a quicker pace. 

Based on end-users, the market has been sliced into healthcare, shipping, retail, government, manufacturing, retail, and shipping. Barcode printers in healthcare sector are used for issuing wristbands and tags that assist in patient recognition and tracking services, specimen labeling, and point of care (POC) medicine administration. Barcodes, in manufacturing sector are used for inventory labeling used to establish inventory control and allows work-in-progress (WIP) tracking. 

North America and EMEA are anticipated to lead the barcode printers market in the coming years owing to improved demand from the U.S. and Western European nations. Key market players in the barcode printers market include Toshiba Tec, Zebra Technologies, Honeywell Scanning & Mobility, Avery Dennison, and SATO Holdings Corporation. 

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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

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Felton, California 95018

United States

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Email: [email protected]

Website - https://www.hexaresearch.com/

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Future of Commercial Drones Business

Global Commercial Drone Market size is estimated to reach USD 2,069.6 million by 2022, as per a new research report by HexaResearch. Increasing application of these machines in various industry sectors such as military, agriculture and energy among others is expected to drive industry demand. Growing investments in industrialized markets for technology innovation and commercialization is likely to provide opportunities for future applications in the commercial drones market. 

Drones are being increasingly used for commercial purposes such as delivering products to customers without hiring a driver. For instance, Dominos adopted these machines in order to deliver food items. In addition, solar powered drones with five years airborne capacity are increasingly used as mobile access points to provide internet access in remote areas. Media and entertainment industries are expected to fuel the demand considerably owing to its small size and flying capability. These machines are also used in real estate industry to capture aerial shots of the infrastructure. 

Rotary blade accounted for over 75% of the overall industry share in 2014. It is expected to dominate the industry due to its fixed position hovering and multi-directional flying capability. Nano drone was valued at USD 38.7 million in 2014 and is projected to witness highest growth rate over the forecast period. This spur can be addressed to its portability and efficient application in security and photography activities 

Browse Details of Report @ https://www.hexaresearch.com/research-report/commercial-drone-market

Event organizers are increasingly using drones for safety and proper crowd management. Growing usage in law enforcement activities is projected to fuel the demand. It is mainly used to gather evidence and also investigate crime scenes by capturing high definition videos as well as photos. 

Strict government norms regarding safety and privacy concerns are anticipated to hinder the industry growth. Scarcity of trained pilots in the industry owing to lack of training and career opportunities pose as a key challenge to the industry demand. Commercial drones are anticipated to witness significant growth opportunities due to increasing demand from agriculture industry for crop management to augment yields. 

Key report insights suggest:

- Global commercial (UAV) drone market was valued at USD 552.0 million in 2014 and it is likely to reach USD 2,069.6 million by 2022 growing with an estimated CAGR of 16.9% from 2015 to 2020.

- North America captured majority of the market share and dominated the regional demand owing to high production and increasing applications in commercial sectors. Asia Pacific was valued at USD 117.8 million in 2014. The region is expected to witness significant growth due to prominent use of drones for agricultural purposes.

- Agriculture accounted for 24.13% of the overall industry share in 2014. It is projected to be valued at USD 557.8 by 2022 owing to crop monitoring activity for enhancing yield. Government sector was value at USD 245.4 million in 2014. It is likely to reach USD 846.1 million by 2022 growing at a CAGR of 15.6 % from 2015 to 2022 over the forecast period.

- The commercial drone industry consists of top three participants occupying majority of the industry share. DJI Innovations dominated the industry with over 43% share in 2014. Key industry players encapsulate Parrot SA and AeroVironment Inc among others.

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: [phone] Email: [email protected] Website - https://www.hexaresearch.com

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Market of Image Sensor to be Worth $ 12,030 million by 2020

According to the Recent Research Study by Hexa Research, global market of image sensor is estimated to reach over USD 12,030 million by 2020.Image sensors are mainly used in Tablets and Camera phones. Hence, rapid growing demand and use of these devices is likely to be major factor for growth the market. Image sensor detects and conveys that information that constitutes an image. Image sensor shipments were expected to cross around 1,797 million units in 2012 globally. They are estimated to reach 3,009 million units by the year 2020, with growing CAGR 6.6% from 2015 to 2020. CMOS image sensors provide numbers of profits counting super image quality more than their CCD counter parts. In 2012, CMOS image sensors dominated the market globally, contributing for over 82% of total shipments. Contact image sensors need less power and can also be used in smaller devices, this segment is expected to grow at CAGR for around 5.1 % from 2015 to 2020. 

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Report also stated that, Consumer electronics was expected to be the leading application segment in last few years in volume and cost terms, fueled by rising demand of tablets and mobile phones. Growing demand and usage of camera in Defense sector is expected to fuel the market demand in next five years. Few of the these systems need to be accessed on batteries on field, By which cosmos sensors use on less power that plays a fundamental role for global market demand. CMOS sensor enables the electronic pan and stabilization when there is low light sensitivity. These CMOS sensors cannot be used for scanning purpose. Europe and North America is expected to grow rapidly in next few years. With increased awareness of application of sensors, favorable government rules and regulation and also rapid growth in automobile industry is the major reason for development of Image sensor market globally. 

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High-Brightness LED Market size is on Rise

The global High-Brightness LED Market size to reach USD 27.28 billion by 2024 and is driven by the rise in the consumer need for resource efficient and low energy lighting solutions. The market was dominated by North America and Asia Pacific together accounting for 62% of the revenue share in 2016. 

High-brightness LEDs are semiconductor-based devices which exhibit superior luminosity as compared to traditional LEDs due to the higher current levels and power dissipation. Increasing trend of providing more brightness to improve clarity is expected to augment the growth of the market over the projected period.

Increasing demand for HB LEDs in numerous application segments including automotive, television, smartphones, general lighting, and signs owing to their lower energy consumption and superior brightness is expected to drive the demand. Rising consumer awareness regarding the benefits of using HB LED such as lower power consumption and superior brightness for residential as well as commercial applications are expected to bolster growth.

Demand for these lighting solutions was highest in consumer electronics including laptops, TV backlight and smartphones to provide superior luminescence even in dark lighting conditions. The segment accounted for 56.3% of the market share in 2016 and is expected to continue its dominant trend over the projected period. Increasing consumption of HB LEDs in 4K TVs coupled with the growing sales of these products is anticipated to drive the market over the next few years.

Browse Details of Report @ https://www.hexaresearch.com/research-report/high-brightness-hb-led-market

Automotive is expected to exhibit the fastest growth over the forecast period at a 10.2% CAGR from 2017 to 2024. Although LEDs have penetrated the automotive market, HB LEDs are increasingly used as a safety measure for visibility along with reducing the power consumption. Increasing production of automobiles is expected to propel the sales of these lighting solutions over the next few years. 

Keeping these driving factors in mind, companies are ramping up their production capacity as well as seeking out new joint ventures to improve their distribution system. For instance, in March 2017, Samsung signed a MoU with Elec-Tech International (H.K) Co, Ltd. to leverage the latter’s technology and market share in China. On the other hand, ETi is likely to benefit from Samsung’s patent protection and brand strength.

As the demand for high-brightness LEDs has been growing, it has led companies to increase their fabs. The LED manufacturing industry has roughly added 100 new fabs in the last five years increasing the tally to 169 fabs worldwide. 

Hexa Research has segmented the global high-brightness LED market based on application and region: 

Segmentation by application, 2014 - 2024 (USD Million) • Consumer Electronic • General Lighting • Automotive • Signals and Signage 

Segmentation by region, 2014 - 2024 (USD Million) • North America     • U.S. • Europe     • Germany     • UK • Asia Pacific     • China     • India • Rest of the World (RoW) 

Key players analyzed: • Lumileds Holding B.V. • Epistar Corporation • Cree, Inc. • MORITEX Corporation • Samsung Electronics • Seoul Semiconductor Company, Ltd. • Osram Licht AG • American Bright • Nichias Corporation • Toyoda Gosei Co., Ltd. 

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Escalator Market is expected to grow at a CAGR of 4.4% by 2024

The global Escalator Market to reach USD 37.7 billion by 2024. Growth in construction industry at large, urbanisation, and investment in infrastructure are among the key factors which are expected to drive the global escalator market over the forecast period. However, safety concerns related to escalators, especially accidents involving children, presents a concern that may affect the deployment rate of escalators. 

Asia Pacific presents potential growth market with China and India presenting key growth opportunities for the market. The said countries are witnessing urbanisation and associated infrastructural growth with the development of multiple commercial establishments including shopping malls. Besides, investment in airports and metro projects are also expected to add to the prospect of the market in the coming years. On the other hand, Europe and North America regions are experiencing growth in the modernization segment.

Escalator market is segmented by types as step type escalator, moving walkways, and spiral escalators. Among the three types, step type escalators dominate the global market due to more requirement at places such as shopping malls and museums. 

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Moving walkways are majorly used at large establishments such as airports. Moving walkways are installed to ease passenger mobility as these are mostly connected from terminal to the gates. On the other hand, spiral escalators are experiencing substantial growth with increase in innovative designs and architectures. 

New installation market holds major share in developing countries such as china and India. While maintenance segment is relatively strong in terms of revenue contribution due to periodic maintenance and repairs of in-use escalators. Countries such as Germany and Canada are witnessing growth in the modernization service segment. 

The market is marked by the presence of multiple active players such as KONE CORPORATION, Schindler, Otis Elevator Company, thyssenkrupp AG, Mitsubishi Electric Corporation, Hitachi Ltd., and TOSHIBA ELEVATOR AND BUILDING SYSTEMS CORPORATION. 

Hexa Research has segmented the global escalator market on the basis of type, services and region:

Segmentation by type 2014 – 2024 (USD Million) • Step type escalator • Moving walkways • Spiral escalators Segmentation by services, 2014 – 2024 (USD Million) • New installation • Maintenance and Overhaul • Modernization Segmentation by region, 2014 – 2024 (USD Million) • North America • Asia-Pacific • Europe  • Middle East & Africa • Rest of world

Key players analyzed: • KONE CORPORATION • Otis Elevator Company • Schindler • Mitsubishi Electric Corporation • thyssenkrupp AG • Hitachi Ltd. • TOSHIBA ELEVATOR AND BUILDING SYSTEMS CORPORATION 

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Service Robotics Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research

Global Service Robotics Market was worth USD 7 billion in 2014. It is foreseen to exhibit a CAGR of 18% from 2016 to 2024 (forecast period). Service robots are increasingly being adopted in personal and professional uses. Innovation and industrialization coupled with rising global population and governmental spending are some of the factors fueling market growth. Integration of mobile technology with robotics, and advancements in end-user technologies are the other growth drivers. 

Service robots witness high demand from healthcare and medical sectors. Their adoption in developing economies is on the rise. However, high costs related to capital investments as well as research & development may inhibit market growth. Another disadvantage is the long interval between design and commercial availability. 

The worldwide service robotics market is segmented as per applications and geographies. Applications are split into personal and professional. Personal service robots include those for the purpose of household or entertainment. Home security & surveillance are expected to fetch substantial revenues in the coming years. 

Browse Details of Report@ https://www.hexaresearch.com/research-report/service-robotics-industry 

Professional service robots perform repetitive/hazardous tasks in industries. Their applications encompass field, defense, logistics, underwater, medical, construction & demolition, mobile platform, and others. 

Field robots are used in forestry, milking, agriculture, and milling & mining. They held over 25% of the market revenues in 2014. Underwater applications comprise remotely operated vehicle, unmanned surface vehicles, and autonomous underwater vehicles. 

Geographical markets for service robotics constitute Europe, North America, Latin America, Asia Pacific, and MEA (the Middle East & Africa). North America is likely to grow at a considerable pace over the forecast period. This may be credited to rising demand from defense, agriculture, medical, and other applications. Product development and rapid industrialization are the chief propellers of regional demand. 

Asia Pacific is anticipated to be the second largest geographical segment till 2024 on account of expanding venture capital investments and a booming manufacturing sector in emergent economies like India and China. Europe would witness lucrative growth opportunities owing to the growing automotive industry. 

The worldwide service robotics market is fragmented with various large and small manufacturers. iRobot is the global leader. Other prominent players are Fujitsu Frontech Ltd., Hanool Robotics Corp., Toyota Motor Corporation, Honda Motor Co. Ltd., and Yujin Robot Co. Ltd. They emphasize on development of new products to expand their market share. 

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

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Felton, California 95018

United States

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Email: [email protected]

Website - http://www.hexaresearch.com/

Visit our Blog: https://hexaresearchinc.wordpress.com/

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Compressed Air Treatment Equipment Market Analysis, Growth and Forecast to 2024 | Hexa Research

The global Compressed Air Treatment Equipment Market size is projected to grow at a healthy CAGR of 6.3 % during the forecast period (from 2016 to 2024). It may surpass USD 11 billion by 2024. Surging demand for compressed air treatment systems across various applications is projected to drive the market. Compressed air treatment systems are utilized by a number of companies globally. This in turn has increased the number of air treatment equipment installations worldwide. The need for such installations arises from the strict implementation of air quality standards in the target application areas. This could boost the global market in the forthcoming years. 

A number of regulatory standards and mandates have been created to support the production & use of clean air. Industry trends suggest that this could contribute significantly to global demand. However, the uninterrupted supply of compressed air production facilities calls for regular maintenance. Equipments for compressed air treatment are generally quite expensive. Furthermore, their energy consumption is also very high. These are a few factors that may hinder the demand for compressed air treatment equipment in the years to come. However, technological advancements and the popularity of energy efficient equipment across numerous applications can create avenues for further growth. 

Browse Details of Report@ https://www.hexaresearch.com/research-report/compressed-air-treatment-equipment-market 

The global Compressed Air Treatment Equipment Market is divided into applications, products, and regions. The product segment includes dryers, filters, aftercoolers, and others. Different kinds of dryers include deliquescent dryers, desiccant air dryers, refrigerated dryers, and membrane dryers. Moisture separators, particulate filter/pre-filter, adsorber filter/oil vapor removal, coalescing filter/oil removal, high-temperature afterfilters, and filtered centrifugal separator are the various kinds of filters that are commonly used in the industry. 

Dryers are expected to dominate the product segment during the forecast period. They are an essential part of any air compressor equipment since they effectively remove moisture & water droplets present in the system. The adsorber filters segment may also witness significant growth from 2016 to 2024. This owes to the ability of these filters to easily siphon any gases or chemicals present in the compressed air. 

As per applications, the Compressed Air Treatment Equipment Market is segmented into process air, plant air, breathing air, and instrument air. The demand for process air is likely to remain strong throughout the forecast period. Its key end users are food & beverages and pharmaceutical industries that need dry, oil-free, and sterile air. Medical compressed air is applied extensively in the healthcare sector in areas, such as assisted respiration. Hence, demand from the breathing air application segment could propel the global Compressed Air Treatment Equipment Market in the near future. 

Based on regions, the global industry was dominated by North America in 2013. The presence of a large number of manufacturing facilities in the region (especially the U.S.) can spur regional growth from 2016 to 2024. Asia Pacific is poised to be the second largest market, on account of rapid industrialization and focus on energy efficiency. 

Prominent players in the Compressed Air Treatment Equipment Market are Parker Hannifin Manufacturing Ltd.; Donaldson Company Inc.; Gardner Denver Inc.; Atlas Copco Corp.; Van Air Inc.; and Kaeser Compressors. The development of cost-effective & technically advanced compressed air treatment systems is a key determinant of market success for these companies. 

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us:

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Automotive Relay Market Analysis, Size, Growth and Forecast to 2020 - Hexa Research

Global automotive relay market is anticipated to reach USD 12 billion by 2020, as per a new research report by Hexa Research Rising need for high-frequency signals in automotive industry is expected to drive demand. These relays enhance driving experience and provide greater safety for consumers. Escalating adoption rate of sophisticated electronic equipment coupled straight government initiatives regarding safety is likely to favor automotive relay market growth prospects. However, lack of standardization in components is likely to challenge industry participants. 

PCB replay was the leading product segment and was valued USD 5,500 million in 2013. It is expected to gain significant market share and reach USD 8,500 million at a CAGR of 6% from 2014 to 2020. Miniaturization of electromechanical relays is likely to promote its demand. Plug-in relays were the second largest product segment and accounted for over 32% share of the overall revenue in 2013. Increasing usage of electronic control modules along with electronic components are factors responsible for demand growth. 

Browse Details of Report@

https://www.hexaresearch.com/research-report/automotive-relay-market

Key report insights suggest:

- Global automotive relay market was valued USD 8,372.0 million in 2013 and is likely to reach USD 12,584.5 million by 2020 growing with an estimated CAGR of 6.2% from 2014 to 2020. 

- Global demand in convenience was USD 885.4 million in 2013 which is expected to reach USD 1,255.8 million by 2020, growing at a CAGR of 5.3% from 2014 to 2020. Driver information is projected to be fastest growing application segment and accounted for 5% of the industry share in 2014 growing at an estimated CAGR of 6.7 % from 2014 to 2020. Increasing communication coupled with smartphone proliferation is expected to be the key driving force for the growth. 

- Asia Pacific dominated the regional demand with an estimated market share of 50% in 2013. This region is also expected to be the fastest growing region, growing at a CAGR of 7% from 2014 to 2020. Availability of raw materials and low labor costs are driving factors for the region. Europe is the second largest regional segment and is expected to reach USD 2,733.3 by 2020.

- China is the largest contributor for automated relay market growing at a CAGR of 6.5 over the forecast period. India is expected to be the fastest growing region owing to increasing disposable.

Browse Related Category Market Reports@

https://www.hexaresearch.com/research-category/semiconductors-and-electronics-industry 

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: [phone]

Email: [email protected]

Website - http://www.hexaresearch.com/

Follow us on Linkedin

: https://www.linkedin.com/company/hexa-research

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Field Programmable Gate Array (FPGA) Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research

Field-programmable gate array (FPGA) is an integrated circuit which can be reprogrammed according to the application or functionality. In this way, it can be mass-produced to be used in major consumer electronics. It offers benefits such as rapid prototyping, easy debugging, and low risk & cost. 

The FPGA market is projected to attain above USD 10 billion by 2024. It stood near USD 6 billion in 2015. It is projected to exhibit a CAGR of over 9% over the forecast period (2016-2024). Customized integrated circuits are a key driving factor of the market. 

Electronic utilities and demand for additional devices in automotives can result in a market upswing. This can lead to the growth of Hybrid Electric Vehicles (HEVs), resulting in additional demand for FPGA. Design complexities and substitute technology like Application Specific Integrated Circuits (ASICs) could pose a market challenge. 

Browse Full Report with TOC @ https://www.hexaresearch.com/research-report/fpga-field-programmable-gate-array-industry 

The field-programmable gate array market is segmented by applications and geographies. Automotive, telecommunication, consumer electronics, data processing, military and aerospace, and industrial constitute as major market applications. Telecom had a 33% market share in 2013. It is estimated to grow at a 9.8% CAGR till 2024. 

Consumer electronics had a 12% revenue share in 2015 and expects a rapid growth rate over the next six years. Prominent use of technologies such as 3D visualization, advanced front-lighting system (AFS), GPS maps, and collision avoidance system in automotives, will boost this segment’s demand. Moreover, military and aerospace applications like SONAR and RADAR in unmanned vehicles and warfare are expected to contribute to the FPGA market growth. 

Regions covered by the market are North America, Europe, Asia Pacific, and RoW (Rest of the World). Asia Pacific was the largest field-programmable gate array market in 2015, owing to applications in consumer electronics and telecommunications. This region is likely to grow at a CAGR above 9% during the forecast period. Telecom sector in North America was valued to be USD 540 million in 2013. It is predicted to exhibit the fastest growth rate from 2016 to 2024. Industrial and automotive applications will serve as key drivers for this region. 

Notable players of the FPGA market are Altera, Lattice Semiconductor, Microsemi Corporation, and Xilinx. Technological improvements and product launches are common strategies adopted by these players. 

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/semiconductors-industry 

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: [phone]

Email: [email protected]

Website - http://www.hexaresearch.com/

Follow us on Linkedin : https://www.linkedin.com/company/hexa-research 

[semiconductorsmarketreports]

Field Programmable Gate Array (FPGA) Market Size and Share, 2016 to 2024

Field-programmable gate array (FPGA) is an integrated circuit which can be reprogrammed according to the application or functionality. In this way, it can be mass-produced to be used in major consumer electronics. It offers benefits such as rapid prototyping, easy debugging, and low risk & cost.

The FPGA market is projected to attain above USD 10 billion by 2024. It stood near USD 6 billion in 2015. It is projected to exhibit a CAGR of over 9% over the forecast period (2016-2024). Customized integrated circuits are a key driving factor of the market.

Electronic utilities and demand for additional devices in automotives can result in a market upswing. This can lead to the growth of Hybrid Electric Vehicles (HEVs), resulting in additional demand for FPGA. Design complexities and substitute technology like Application Specific Integrated Circuits (ASICs) could pose a market challenge.

For Market Research Report on “Field Programmable Gate Array (FPGA) Market” Visit -https://www.hexaresearch.com/research-report/fpga-field-programmable-gate-array-industry

The field-programmable gate array market is segmented by applications and geographies. Automotive, telecommunication, consumer electronics, data processing, military and aerospace, and industrial constitute as major market applications. Telecom had a 33% market share in 2013. It is estimated to grow at a 9.8% CAGR till 2024.

Consumer electronics had a 12% revenue share in 2015 and expects a rapid growth rate over the next six years. Prominent use of technologies such as 3D visualization, advanced front-lighting system (AFS), GPS maps, and collision avoidance system in automotives, will boost this segment’s demand. Moreover, military and aerospace applications like SONAR and RADAR in unmanned vehicles and warfare are expected to contribute to the FPGA market growth.

Regions covered by the market are North America, Europe, Asia Pacific, and RoW (Rest of the World). Asia Pacific was the largest field-programmable gate array market in 2015, owing to applications in consumer electronics and telecommunications. This region is likely to grow at a CAGR above 9% during the forecast period. Telecom sector in North America was valued to be USD 540 million in 2013. It is predicted to exhibit the fastest growth rate from 2016 to 2024. Industrial and automotive applications will serve as key drivers for this region.

Notable players of the FPGA market are Altera, Lattice Semiconductor, Microsemi Corporation, and Xilinx. Technological improvements and product launches are common strategies adopted by these players.

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Power Transformer Market to Record 6% CAGR till 2024

The global Power Transformer Market was projected over USD 11, 295 units in 2015. It would grow at nearly 6.1 percent CAGR during 2016 to 2024. The market, with regards to size, was over USD 18 billion in 2015. It finds usage across mining, chemical plants, etc. Wider demand for these transformers from the aforementioned applications should drive the market in the forecast period (2016 to 2024). 

Demand for electricity from developing & developed nations coupled with higher infrastructural spending is likely to be the key market propeller. Supportive ‘smart grid’ policies have furthered the demand for smart meters, thus promoting market sales. Moreover, regulations for the installation of sophisticated ‘power transformers’ can raise market demand in the near future. 

Browse Details of Report @ https://www.hexaresearch.com/research-report/power-transformer-market

In addition, improvisations in existing power grids for enhancement of ‘energy efficiency’ and reduction of ‘losses’ may assist market demand. Conventional transformers are unsuitable for meeting technical & ecological demands. They could be substituted with bio-friendly products due to their innovative & safety features. 

Developed regions are witnessing growth in cross-border electricity business, incorporating wind & other renewable energies. This boosts the ‘load flow’ on aging systems, thus driving market growth. Load amplification and huge supply & transmission losses raise the demand for sub-stations. Owing to consistent power supply demand and fiscal expansion in some nations, power demand is estimated to experience a healthy CAGR in the coming years. 

Volatility in feedstock costs may hinder the pace of the worldwide power transformer market. The market is categorized into products and geographies. In terms of products, 100 MVA to 500 MVA output power occupied around 68 percent shares in 2015 and dominates. It was anticipated to undergo profits at nearly 6.4 percent CAGR over the next few years. 

This segment’s adoption across transmission & supply networks for step-up and step-down applications increases its demand. 801 MVA to 1, 200 MVA is likely to grow at more than 5 percent CAGR from 2015 to 2022. The same can be attributed to escalating energy demand from Brazil, India, China, & other emergent countries. 

With respect to geographies, Asia Pacific stood worth USD 7 billion in 2015. It is expected to be lucrative till 2024. The North American power transformer market will be propelled by industrialization in the United States. 

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/semiconductors-industry 

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: [phone] Email: [email protected] Website - http://www.hexaresearch.com/