Electronics – Page 2 – Latest Market Trends

Anastomosis Devices Market Is Burgeoning Worldwide By 2024

The global anastomosis devices market was valued at 15.74 Million in 2016 and is expected to continue growing at a higher rate. Factors such as rise in surgical procedures with rising incidences of cardiovascular and GT diseases are likely to contribute to the market growth in the forecast period. Overall, the anastomosis devices market is expected to cross a CAGR of 5.2% in the forecast period.

Surgical procedures have now turned into a perplexed form for cardiac surgeons right from the inception of coronary arteries bypass grafts and minimally invasive techniques. Suture technique for coronary anastomosis is becoming insufficient to suffice new demands from surgeons hence a need arises for alternative techniques to perform coronary bypasses. Due to the recent medical advancements, sutureless devices are based on memory shape metal alloy, synthetic, and biologic glue combined or non-combined with metallic framework and laser bonding using organic soldering techniques.

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Anastomosis devices are easy to use and reduce the dependency on surgeons, which is the analytical factor for long-term potency. The key element of sutures is placed between graft vessels and target and any distortion might result into obstruction of flow. Therefore, anastomotic devices are made available for minimally invasive or endoscopic use to reduce the heart operations via limited incisions. For instance, the heartflo anastomotic device is a micromechanical-suturing device for coronary artery bypass grafting. However, an ideal anastomotic method is considered only when compression anastomosis having no foreign bodies left at anastomotic site.

Anastomosis devices industry is segmented based on product, application, and geography. Reusable and disposable categories form the bifurcation for product category in the market. “Application” segment for anastomosis devices market include general surgeries, cardiovascular diseases, orthopaedic surgeries, and ophthalmic surgeries.

Geographical segmentation for anastomosis devices industry spans North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America anastomosis devices market is expected to rise at a higher CAGR in the forecast period due to rising medical assistance for cardiovascular diseases. Asia-Pacific’s anastomosis devices industry is likely to expand at a staggering CAGR in the forthcoming period due to rise in young workforce, change in lifestyle leading to occurrence of chronic as well as acute ailments.

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The key players in the anastomosis devices industry include Medtronic; LivaNova PLC; MAQUET Holding B.V. & Co. KG., Dextera Surgical Inc., Vitalitec International Inc., Synovis Micro Companies Alliance Inc., and Ethicon US, LLC.

Market Segment:

Anastomosis Devices Product Type Outlook (Revenue, USD Million, 2014 – 2025)
• Disposable
• Reusable

Anastomosis Devices Application Outlook (Revenue, USD Million, 2014 – 2025)
  • Cardiovascular Surgery
  • Gastrointestinal Surgery
  • Others

Wireless Charging Market Will Reach Height of USD 1.87 billion By 2024

Industry Insights

The global wireless charging market size was valued at USD 1.87 billion in 2014 and is expected to reach USD 22.25 billion by 2022. Future growth opportunities seem to positive on account of increasing adoption of consumer electronic devices such as laptops and smartphones that employ the new technology of wireless charging. Rising need for wireless and hassle-free methods to power different devices amongst end users in industrial sectors including healthcare, automotive, defence and industrial markets is expected to propel market growth in the next eight years. This market is in the growing phase and is observed to experience a wide range of innovations and provide several opportunities to new entrants.

In order to improve existing operations and functionalities, heavy investments are made by major market players on research and development. Key emphasis is laid on enhancing and refining the power transmission range that can enable wireless charging of devices for long distances.

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Few Associations such as WPC and PMA specialize in inductive technology, and A4WP’s Rezence is specialized in resonant technology. However, in June 2015, PMA announced its merger with A4WP and PMA and named it Air Fuel Alliance in November 2015. Hence, WPC and its Qi platform was the sole effective platform for inductive technology.

The merger proved to simplify decision making for hardware developers relieving them from the task of complying with three different standards. However, the combined body of A4WP and PMA poses few technical challenges. Qi, similar to PMA, uses closely connected inductive solution in addition to the newly added specification that employs resonance technology and provisions backward compatibility for Qi receiver devices such as laptops, smartphones and tablets.

Technology Insights

Latest technology including resonant and radio frequency (RF) is anticipated to materialize into one of the attractive technologies in the industry. Resonant technology is portable and doesn’t require a direct contact thus providing convenience to customers. It also assists in powering devices within small distances. Multiple-device charging in a single go is also a feature of RF-based technology. Owing to its ability to eliminate alignment in case of small devices such as medical implants and wearables, RF-based technology is projected to achieve some prominence over the forecast period. On account of its perceived advantages, several organisations including Humavox have been heavily investing in this technology.

Nearly 50% of the overall share by revenue was contributed to by inductive technology which is relatively older to others. Inductive technology is employed by leading standards and technologies such as PMA and WPC which use Qi technology. Inductive has thereby spurred market growth significantly in 2014. Additionally, Electric Vehicles (EVs) also employ inductive technology for charging purposes.

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Hybrid electric vehicle market is anticipated to be a promising segment for the wireless charging market. Additionally, it is expected to gain prominence over the forecast period in the consumer electronics industry owing to the growing demand for laptops and smartphones. As of 2014, Asia Pacific contributed to approximately 35% of the global revenue.

U.S emerged as the major regional market in North America on account of consumers’ growing inclination towards spending more for powering options, particularly for tablets, laptops and smart devices. Untapped markets such as Africa and Latin America are anticipated to experience a growing adoption of cordless charging over the forecast period hence opening new avenues for wireless charging networks industry.

Competitive Market Share Insights

Key market players in this domain include Qualcomm, WiTricity Corporation, Integrated Device Technology (IDT) and Power by Proxi. Latest developments by various companies include a new launch by Qualcomm in November 2015 that showcases a wireless docking station 802.11ad WiGig dock that is coupled with Snapdragon 820 processor. This device has the potential to initiate power back up when docked on the station. On the other hand, introduction of new charging techniques that support multiple applications such as automotive, medical, consumer electronics and automotive simultaneously was developed by WiTricity. Further, in December 2015, Qualcomm entered into an agreement with Efacec for Wireless Electric Vehicle Charging (WEVC). It plans to provide powering alternatives for all-electric hybrid vehicles and plug-ins.

Set Top Box (STB) Market Will Generate About USD 29.78 billion By 2024

The global Set Top Box (STB) market size was estimated at USD 17.14 billion in 2015 and is anticipated to reach USD 29.78 billion by 2024. The market is expected to witness significant demand over the forecast period on account increasing penetration of High Definition (HD) channels among consumers and the rising adoption of smart TVs.

Increased the storage space in modern Set Top Box (STB) devices to enable caching of data broadcasts and improved personal video recording. Increasing demand for high-quality picture and sound coupled technological advancements are anticipated to fuel the Set Top Box (STB) market over the forecast period. Key players in the market include digital satellite providers, cable providers and telecommunication companies. Major infrastructural providers are undertaking strategic partnerships and mergers with content and software providers on account of increased need for better interactive content. This has enabled seamless interactive content for consumers. Major infrastructure providers include Ericsson, SysMaster, Cisco, IBM and Elitecore.

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Regional content for the rural consumers and higher volume of 3D content creation for urban consumers as a result of digitization is expected to augment market growth. Further, it is expected to fuel demand for HD and 3D TV sets. Consumers are accessing high-quality picture and sound and installing set-top boxes and with the digitization of cable. The TV screens are getting bigger and better thereby making SD quality undesirable for a high-quality viewing experience.

The global market is anticipated to present considerable opportunities for market growth over the forecast with the rise of innovative products including, 4K UHD TVs, 3D smart interactive TVs and OLED TVs, years. These devices enable users to access HD quality video content on their HD-ready TV sets. Technologically-advanced TV sets and increased demand for smart TVs among the global population is gradually increasing the need to access innovative features.

Manufacturers provides several variants including cable-based, IPTV, satellite, Digital Terrestrial Television (DTT) and Over the Top (OTT). In 2014, DTT is anticipated to remain the leading set-top box system over the forecast period, which accounted over 25% of the global industry. Satellite system sends signals received by satellite version and converts it into analog format for viewing on TV sets. Consumers require the subscription to a particular satellite pay-TV operator to use satellite STBs.

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Emergence of quality standards coupled with the computational capabilities of devices to meet increasing consumer expectations have resulted in the growth of STB market globally. Migration from DOCSIS 3.0 to advanced DSL standards including vectoring and G. fast coupled with the proliferation of technology, is anticipated to offer opportunities for market growth.

Global STB industry was dominated by High Definition (HD) Set Top Box (STB) devices and is expected to replace the traditional Standard Definition (SD) devices from 2016 to 2024. HD devices are projected to constitute over 60% of the overall industry revenue share in 2014.

High-quality sound output and HD transmission devices provide high resolution (over 1080p) of video content transmission. Therefore, these technologies have gained increased preference among TV users over the past few years. Service providers are introducing 3D and Ultra HD (UHD) STB devices compatible with 4K and 3D televisions and are gaining momentum in the market.

North America is anticipated to experience growing demand for Internet Protocol TV (IPTV) STBs on account of rising high-speed broadband infrastructural support and the customizable features it offers to its users. In line with the energy efficiency concerns, producers are inventing new methods to add a lower sleep type mode that is available in several consumer electronics similar personal computers.

The regional market for STBs is expected to grow at a CAGR nearly 2.5% from 2016 to 2024 primarily driven by the rise in the sales of low-cost cable, DTT and satellite DTT. The Asia Pacific STB industry is expected experience rapid growth owing to encouraging government mandates and growing consumer adoption in the region. Increase in the overall sales of such products has resulted from declining prices of TV sets. Key market players include Amazon, ADB, Cisco, Echostar, Coship, Huawei, Samsung, HUMAX, Technicolor and Skyworth. Vendors are focusing on product differentiation and integrating supplementary features in their products.

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Thin Film Photovoltaics (PV) Market Is Mushrooming Worldwide From 2021

Global Thin Film Photovoltaics (PV) market is expected to grow significantly over the forecast period owing to the speedy advancements in thin film technology. The most common types of PV cells used worldwide are thin film PV cells and crystalline silicon. Formerly, market was ruled by crystalline silicon PV cells. However, thin film has gained popularity in the recent past. Thin film PV primarily consists of copper-indium diselenide (CIS), amorphous silicon (a-Si), cadmium telluride (CdTe) and copper indium gallium diselenide (CIGS).

Photovoltaics are also known as solar cells. They are electronic devices which directly converts sunlight into electricity. Thin film photovoltaics are made by putting one or more thin layers of photovoltaic (PV) material on a substrate such as plastic, metal or glass. Thickness of the film can range from few nanometers to micrometers. This is relatively thinner than its competitor’s crystalline silicon solar cells technology which uses wafers up to 200 micrometers. This permits thin film cells to be lower in weight, flexible and have less friction or drag. It can be used as a semi-transparent photovoltaic glazing material that can be plastic-coated on the windows.

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Photovoltaics incur relatively less operating costs and are reliable, safe and can be easily installed. The quest for economical technology for generating electricity attracted major investors and corporations towards thin film PV – advanced technologies industry. The industry witnessed over 100 companies entering into the market. There was a growing need for thin film PV advanced technologies to constantly increase its productivity. This led to high energy production and lower system costs. Manufacturing costs must also be pulled down to attain competitive pricing. The growth of global thin film photovoltaics – advanced technologies market is driven by optimal efficiency and low manufacturing costs of PV cells.

There has been an increased alarm about change in climate and alternative sources of energy, which is expected to augment the demand for thin film PV – advanced technologies. Higher yields of thin film photovoltaic for shadow, weak lighting conditions and installation options that are visually attractive are expected to drive the industry. Market is poised for growth owing to the incentives and funding provided by the government for adopting solar energy so as to generate electricity. Factors such as low consumption of silicon, building mounted systems, initiatives by the government and the ground emergence may favorably impact the market growth. The year 2015 saw installations of around 52 gigawatts (GW) of new capacities all over the world.

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However, multi junction PV cells and low conversion efficiency are anticipated to restrain market growth. Few other factors such as high costs of capital, poor maintenance and poor installation are expected to create major hindrance for thin film PV – advanced technologies demand in the market. Global thin film PV – advanced technologies market is segmented based on its type which includes organic and inorganic photovoltaics. Based on its application, thin film PV market is segmented into utility, military, consumer, residential and non-residential sectors. Furthermore, the utility sector is sub-characterized into power plant application, industrial applications, military and defense applications. Power supply connected to the line grid is anticipated to be the market leader of thin film PV over the forecast period.

The European region has been leading the market of thin film photovoltaics over the past few years. Countries such as Italy, Spain and Germany majorly witnessed an increased demand of solar energy making Europe the market leader. North America and Europe have been projected to witness a very high growth rate over the forecast period owing to early adoption of advancements in the technology. Asia Pacific is also expected to follow North America and Europe as there has been an increased adoption of semiconductors by the electronics industry. Emerging economies such as India, China, Africa and Brazil are projected to show their presence in the market over the next seven years.

Key industry participants are coming up with innovative techniques to cater to the existing hindrances in the market. Major industry participants in the thin film PV – advanced technologies market include Kaneka Corporation, Unisolar, First Solar, Bosh Solar, Kyocera Corporation, Mitsubishi Electric Corporation, Panasonic Corporation ReneSola Co. Ltd., Jinko Solar, Yingli Green Treena Solar, Kaneka corporation, Sharp Corporation, JA Solar Co. Ltd. and Suntech Power Holdings Co. Ltd. In due course, global thin film photovoltaics –advanced technologies market is expected to outshine the dominating conventional solar photovoltaic technology. This will enable the long coveted objective of grid parity.

Free Fall Sensor Market is Booming Worldwide from 2020 to 2024

As we all are aware, what happens in a free fall, the particular object is free of any force or control, and it falls freely. Free fall sensor market size on the basis of product spans Automatic fall detection and Manual fall detection. The procedure through which a particular object drops and descends devoid of any impulsion or hold is known as free falling. In the similar way, a free fall sensor is employed to identify the same. The sensor can be incorporated into any instrument to notify and keep a check on the free fall of that object.

It has been noted that healthcare segment occupies the largest share as far as all the applications are concerned. The sensor is also utilized as an important component of free fall detection systems particularly for senior citizens. This particular sensor can be set up in any device that has its application in sensing and identifying their accidental fall.

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Moreover, these sensors are also employed in helicopters and aircrafts to trigger and set off the emergency response teams in case of an unexpected drop in elevation. Other than that, it finds its application in elevators too to set the braking systems in motion when a sudden and unforeseen fall takes place. The prominent factor that is playing a major part in raising the market share includes rapidly increasing geriatric population. In Europe and North America, it has been noted that the count of elderly calling for help is rising considerably year by year.

Most of the healthcare institutes are providing assisted living programs, due to which wearable free fall sensors are becoming highly preferred and chosen among various sectors. The wearable also allows institutes to check the vital statistics of an individual depending upon which appropriate medication is administered. It has been noted that free fall detection systems are now days being employed to trace whether a particular person has fallen down or not.

Furthermore, an automated response system can be deployed in amalgamation with a free fall sensor for best possible results. The only factor that is turning a major hurdle in the market growth is the sky-scraping costs of setting up a free fall detection system. It may prove as a key challenge for the market growth in the future. It is said that they are not yet recognized as a component of the standard system in many of the healthcare institutes. It has been observed that automatic fall detection systems are gaining huge recognition and popularity across the world.

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Free fall sensor market size on the basis of sensing application spans Wearable, Non-wearable, and Others. Free fall sensor market size on the basis of end-user spans Home care, senior assisted living, and Others. Free fall sensor market size on the basis of geography spans North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa.

As far as the geography is concerned, North America is currently leading the free fall sensor market and it is considered as one of the prominent regions in the global market for free fall sensor, the reason being considerable investment in the field of technology and increased spending capacity of people in the region.

Other than that, factors like rising geriatric population, rise in the frequency of chronic diseases, and strong penetration of smartphones is likely to contribute in raising the market share of the region. The United States is deemed as the major contributor in the North America market. The key players operating in the free fall sensor market include MariCare Oy, Medical Guardian, MobileHelp, Bay Alarm Company, Koninklijke Philips N.V, LifeWatch, ADT, and Tunstall.

Power electronics Market is Booming Worldwide from 2020 to 2024

Power electronics market is solid-state circuit that control electric power in efficient manner. The emerging demand for energy-efficient, battery powered devices and use of electronics in different industries is likely to fuel market globally over a forecast period. In 2016, the market size of power electronics was valued at USD 32.33 globally.

The growing trend of energy harvesting, usage of renewable energy sources are key reasons that are anticipated in growth of industry in coming period. The use of power electronics in electric vehicle is also considered to be important in market growth.

Power electronics is a circuit that is used to control and conversion of electric power. A rectifier is a common device that is used in many consumer electronics devices such as computer, battery charger and television set.

At present, the power electronics has applications in electric cars and hybrid electric vehicles to avoid power loss. Electric trains, elevators also make use of power electronics that has ability to regulate energy flow into unidirectional and bidirectional depending on usage.

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The rapid adoption of new technology for efficient energy usage is major driver for power electronics market. Aerospace & defense, consumer electronics, automobile sector are areas where power electronics are used widely.

Government initiatives to opt for renewable energy at all platforms, faster switching, rise in demand for higher efficiency are other additional factors that are expected to boost the market growth and is expected to create new opportunities.

Material Insights

The global market is further subdivided on basis of material such as sapphire, silicon, gallium nitride and silicon carbide. In 2016, among above the silicon accounted highest market share and is expected to dominate over next seven years owing to the fact that silicon is key element in power electronics and is used in almost every circuit.

From 2017 to 2025, sapphire segment is expected to grow at highest CAGR providing great opportunities for manufacturer and supplier. Sapphire is used in devices such as LED lights, smart watches and optical wafers.

There has been significant increase in demand of consumer electronics such as smart watches, smartphone and home appliances which will have positive impact on sapphire segment as its applicability is increasing across different products.

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Device Insights

The industry is further segmented on the basis of devices such as integrated circuits (IC) devices, discrete devices and modules devices. In 2016, the largest market share belonged to discrete devices and is predicted to remain same till 2025. These devices make use of diodes, thyristors and transistors and large adoptions of diode, thyristors and transistors resulted in large market share.

The use of power IC’s in radio frequency (RF), high frequency wireless communication, RADAR and satellite communications expected to drive market. Technological advancement has resulted in development of various power devices that has different applications.

The segment will witness growth due to its application in electric cars, electro electric-powered aircrafts and Smart grid application that allow utilities control power flow.

Application Insights

ICT, automobile, consumer electronics, industrial, aerospace & defense are functional areas where power electronics are used widely. In 2016, the power segment dominated in terms of market size.

Automobile sector will witness fastest growth at CAGR of 2.8% in given period. Application in Hybrid electric vehicles (HEV), electric cars and awareness about growing pollution in environment will have positive impact in industry growth.

The development of various alternatives and use of renewable energy so as to conserve natural resources such as fossil fuels is paving the way for use of power electronics devices in automobile sector.

Regional Insights

In 2016, the Asia Pacific region dominated in terms of market share which was about 40% and it is expected to continue its domination till 2025. This will create huge opportunities in different sectors mainly automobile and ICT.

Government initiatives, low cost and operational benefits in emerging economies like India, Singapore, South Korea and china are attracting key players in market to set up their manufacturing unit. The region has emerged has a promising manufacturing hub for electronics and is boosting manufacturing activities in region. The above factors mentioned is expected to drive market in Asia pacific region.

Competitive Insights

Some Major players in industry are Texas Instruments, Inc., Infineon Technologies AG, Mitsubishi Electric Corp, Qualcomm Inc. and Fuji Electric Co. The key players in developed and developing economies practice different strategic initiatives such as new product development, mergers and acquisitions to reach their customers and increase their market share.

Camera Straps Market Will Reach Height of USD 329.8 million By 2025

Synopsis:

The scope of the global Camera Straps Market was priced by US$ 254.9 million during 2018. It is expected to develop by a CAGR of 3.7% during the period of forecast and is projected to touch US$ 329.8 million by the completion of 2025.

Drivers:

Increasing interest of millennials’ for the photography such as the hobby and profession owing to the overview of cutting-edge cameras by the companies comprising Canon and NIKON is likely to go on an important feature for the development of the business. Furthermore, increasing attractiveness of printed straps having fashionable appearances is expected to fascinate the consumers to upsurge the expenses on these products such as the accessories, together with the camera.

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The trade of DSLRs is declining but the market for the accessories and the camera straps yet shows the prospects because of the increasing requests from the experts connected with the photography of event, vacation industry, natural world and tourism. Camera straps are utilized in the manufacture of music, videos, documentary films and numerous additional entertaining stages. Development in the global industry of media and entertainment is estimated to perform the critical part in growing the usage of these straps between the photographers of the said business.

The speedy progression in the business of entertaining together with infiltration of the technologies of 4K, 6K, and 8K in the making of web series along with the cinemas is estimated to increase the demand for best cameras. These inclinations are estimated to perform a vital part in indorsing the usefulness of camera straps for the protection from falling during the following a small number of years. Augmented expenditure on the photography of marriage ceremony in the nations like India, the U.K., the U.S.A. and Ireland is estimated to motivate the demand for the accessories of camera.

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The marriage business in India was priced US$ 50.0 billion in 2017. It is increasing by the yearly progress rate of 20%. This speed of the development of the business is too likely to perform such as an important opening for the camera straps during the neighboring years.

Furthermore, because of ever-changing inclination in the direction of pre-wedding videography and photography, the field of wedding videography is likely to increase the range of application for camera straps during the forthcoming years.

Classification:

The global camera straps industry can be classified by Sales Network, Application, Material and Region. By Sales Network, it can be classified as Offline and Online. By Application, it can be classified as, Professional photographers and Personal. By Material, it can be classified as Cotton Material, Nylon Material, Fabric Material, Polyester Material and others.

Regional Lookout:

By Region the global camera straps market can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. Asia Pacific is projected to be the speedily developing market for camera straps. It is projected to develop by a CAGR of 5.1% during 2019 to 2025. In emerging economies comprising Bangladesh, India and China, users are paying for the suitable camera accessories owing to growing per head earnings between the people of middle class group. Furthermore, development of the media and the industry of entertainment in the nations like India, South Korea, China and Japan is likely to perform an important part in indorsing the usefulness of straps during the nearby years.

In 2018, Europe was the biggest market, it was responsible for more than 35.0% share of the international income during that year. Russia, France, the U.K. and Germany are the most important nation states, funding to the development of the camera straps industry in Europe. By way of the developing technologies, the film makers of the Europe have enlarged their financial plan for the accessories products of the camera. Speedy development of the industry of video streaming will render an optimistic reception of the camera straps through the region.

Companies: Some of the important companies for camera straps market are: OP/TECH USA, Clo’s General Leather Co., Alturas Photo, Gordy’s camera straps, Fujifilm Holdings Corporation, Movo Photo, BESTTRENDY, Tethys, Black Rapid and SAMSUNG. Additional notable companies are: Worth Trust, Meco, Eggs now, Vintage, and Black Rapid.

Hand Dryers Market Will Reach Height of USD 1.59 billion By 2025

The market is subject to witness a substantial growth due to the growing adoption in various end-user industries such as hotels and restaurants, office buildings, educational institutes, shopping & commercial complex and multiplexes, railway station, and airports.

The global Hand Dryers Market size is expected to value at USD 1.59 billion by 2024. The market is subject to witness a substantial growth due to the growing adoption in various end-user industries such as hotels and restaurants, office buildings, educational institutes, shopping & commercial complex and multiplexes, railway station, and airports. In addition, environmental and economic advantages offered by hand dryers are expected to drive market demand for automated hand dryers.

Additionally, factors responsible for robust growth in the hand dryers include growing demand for better hygiene in both residential and commercial applications and increasing need for cost-effective cleaning solutions. Introduction of automated and programmed hand dryers has led to development of work-efficient solutions, thereby propelling market growth, in the recent years. Globally, the hand dryers industry is predicted to grow at CAGR of 14.0% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

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The recent technological advancements and development of the novel products & technologies such as touch control and advanced sensor systems in order to enhance user experience is also expected to fuel revenue growth in the upcoming years. Moreover, shifting trends towards adoption of automated and intelligent hand dryers is positively impacting market growth, in the last few years. Other factors such as cost effectiveness and time saving capabilities of hand dryer market are predicted to drive the market growth of hand dryers over the forecast period.

The wall mounted hand dryers are gaining traction among various end-user segments such as airports, educational institute, hospitals, hotels and restaurants owing to the less space occupancy offered by these devices. Increasing demand for hand dryers is attributed to space occupancy concerns, majorly in compact restrooms with high traffic. The surface mounted hand dryers are adopted due to multiple advantages over wall mounted hand dryers such as easy installation and cost efficiency.

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The hand dryers industry is broadly categorized into seven major segments based on the application type such as airports, educational institute, hospitals, hotels and restaurants, office buildings, railway stations, and shopping &commercial complex and multiplexes. The hotels and restaurants is considered as one of the fastest growing segment in the hand dryers market with substantial revenue generation in the last few years. Growing popularity of hand dryers in the hotels and restaurants segment is attributed to the massive growth in the hospitality sector, increase in the number of restaurants, pubs and hotels, and rise in tourism industry across the globe. The hospitals segment has also witnessed substantial growth owing to the rising concerns forhygiene & cleanliness coupled with increasing adoption of cost-effective solutions.

The hand dryers industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in hospitality industry, increase in the number of research & development activities in the region, substantial increase in number of shopping &commercial complex and multiplexes, and existence of well-established industrial infrastructure.

Asia-Pacific region is predicted to hold major market share in the hand dryers market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing disposable income, growing adoption in hospitals, hotels and restaurants, improved living standards, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the hand dryer industry are American Dryer, Inc., Dyson Ltd., ELECTROSTAR Electronics Recovery Solutions LLC, Euronics Industries Pvt., Ltd., Excel Dryer, Inc., Jaquar & Company Pvt., Ltd., Mitsubishi Electric Co., Panasonic Co., Saniflow Hand Dryer Co., Bobrick Washroom Equipment, Inc., SPL Ltd., TaishanJieda Electrical Industrial Co., Ltd., Toto Ltd., and World Dryer Co.

Electronic Materials and Chemicals Market Will Generate About USD 81.05 billion By 2025

The global Electronic Materials and Chemicals Market size is expected to value at USD 81.05 billion by 2024. The market is subject to witness a substantial growth due to the growing demand from manufacturing sector for production of semiconductors, flat panel displays, and photolithographic printing. In addition, declining cost of electronic equipment and improved standards of living across the globe are expected to fuel the market growth of electronic materials and chemicals over the forecast period.

Massive demand for semiconductors materials in manufacturing of mobile phones, electronic chips and integrated circuits is anticipated to foster market growth in the upcoming years. Globally, the electronic materials and chemicals industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

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Substantial growth in electrical & electronics sector coupled with increase in industrial production are anticipated to fuel the growth of electronic materials & chemicals market over the forecast period. Rapid pace of macroeconomic cycles is a key for market expansion in the last decade. Increasing number of small & medium-sized enterprises SMEs in developing economies across Asia-Pacific and Latin America is playing crucial role for the success of electronic materials and chemicals industry since last couple of years. Recent technological advancement in the semiconductor industry is expected to offer lucrative growth avenues for industry players, in the recent years.

Growing manufacturing activities in the North America region is also leading to the increasing production of electrical & electronic appliances, thus driving market expansion in the last few years. Additionally, rising investment by prominent market players across the globe in capacity expansion as well as modernization of existing manufacturing facilities in order to generate excess of revenues and gain competitive edge over other organizations, are positively impacting market growth over the forecast period.

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Some of the key raw materials that are required for production of the electronic materials & chemicals include silicon, copper, nickel, and specialty gasses. Semiconductor and integrated circuits is one of the largest end-user segment in the electronic materials & chemicals industry that holds massive market share. Printed circuit boards (PCB), which are important components of integrated chip technology and is adopted in various consumer electronic appliances.

The electronic materials and chemicals market is broadly categorized into five major segments based on the application type such as silicon wafers, PCB laminates, specialty gases, wet chemicals and solvents, and photoresists. The PCB laminates is considered as one of the fastest growing segment in the market of electronic materials and chemicals with substantial revenue generation in the last few years. Growing popularity of the PCB laminates segment is attributed to the increasing adoption for manufacturing of various electronic products such as amplifier and LEDs. The photoresist segment has also witnessed substantial growth owing to the growing importance towards patterned coating.

The electronic materials and chemicals industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in semiconductor industry, increase in the number of research & development activities in the region, and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the electronic materials & chemicals market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with rapid industrialization, growing manufacturing sector, increasing disposable income, trade liberalization policies, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the electronic materials & chemicals industry are Air Products & Chemicals Inc., Ashland Inc., Air Liquide Holdings, Inc., BASF Electronic Chemicals SE, Honeywell International, Inc., Cabot Microelectronics Co., Linde Group Co., KMG Chemicals Inc., Fujifilm Electronic Materials, Inc., Kanto Chemical Co., Inc. and Tokyo Ohka Kogyo Co., Ltd.

What is a Photonic Integrated Circuit, Its future & top players

The Photonic Integrated Circuit market on the source of Type of Application could span Optical Signal Processing, Sensing, Bio photonics, Optical Communication.

The global Photonic Integrated Circuit (IC) Market is estimated to touch US$ 3.54 billion by the completion of the prediction period. The market was appreciated by US$ 300.9 million in the year 2015. It is estimated to develop at a substantial CAGR for the duration of the prediction.

What is a Photonic Integrated Circuit:

The Photonic Integrated Circuit market on the source of Type of Application could span Optical Signal Processing, Sensing, Bio photonics, Optical Communication. The subdivision of Optical Communication ruled the market of Photonic Integrated Circuit in 2015. It is segmented on the source of the applications.

The latest years have witnessed marvelous growth in the movement of the data, which the old-style copper created electronic means fail to transport. Photonic Integrated Circuit created optical communication delivers a price operative and well-organized substitute to data conduction. This is estimated to drive the progress of the subdivision in the upcoming period.

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The Photonic Integrated Circuit (IC) on the source of Type of Raw Material could span Silica-on-Silicon, Lithium Niobate [LiNbO3], Indium Phosphide [InP], Silicon, Gallium Arsenide [GaAs]. The subdivision of Indium Phosphide [InP] tops the market by means of stake in the general division of the raw materials. The increasing requirement for greater speed of the data and the speed of the conduction are powering the demand for the Indium Phosphate created photonic ICs. This is thoroughly tracked by the subdivision of Silica-on-Silicon. Over the forecast period, the silicon created photonic Integrated Circuit is projected to develop speedily over the period of prediction.

The Photonic IC market on the source of Type of Integration could span Module Integration, Monolithic Integration, Hybrid Integration. The subdivision of monolithic integration category was leading, because it proposes power, considerably abridged dimensions, and weightiness. The subdivisions of module and hybrid integration categories together constitute the residual stake.

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The Photonic Integrated Circuit (IC) on the source of Type of Component. The market divided in to-Detectors, Modulators, MUX/DEMUX, Attenuators, Optical Amplifiers, Lasers. The subdivision of laser component seized the biggest stake in the market for photonic integrated circuit due to its extensive usage in engraving, welding, marking.

The subdivision of MUX/DEMUX component held the subsequent biggest stake. The wide-ranging usage of fiber optics in telecommunication is estimated to increase the stake of Photonic Integrated Circuit during the approaching years, by means of the subdivision of optical amplifiers leading the way in the maximum development.

The Photonic Integrated Circuit (IC) on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America, Europe, Asia Pacific, and Rest of the World [RoW].

By the source of geography, North America detained the biggest stake of the market during the recent past year. It was almost 41% of the international market. The growing recognition of Photonic Integrated Circuit in the applications of telecommunications and sensing and the need to improve present substructure is driving the progress of the business in the area.

The Asia Pacific is expected to display a robust development due to development in long haul & transport networks, energy & utilities, and data centers. It is projected to increase the stake of the market considerably above the prediction period. This will happen due to a growing demand from the emerging business of the information technology in the Asian nations like India and China.

Who are the key players in the Photonic Integrated Circuit (IC) Market?

The statement revises Trades in terms of intake of Photonic Integrated Circuit (IC) in the market; particularly in North America, Europe, Asia Pacific, Rest of the World [RoW]. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are NeoPhotonics Corporation, Broadcom Limited, Viavi Solutions, Inc. Additional notable companies operating in the field are Emcore Corporation, Finisar Corporation, Luxtera Inc., Oclaro, Inc., Ciena Corporation, Infinera Corp., Kaiam Corp, and others.

Market Segment:

Photonic IC Market Component Outlook (Revenue, USD Million, 2014 – 2024)
• Lasers
  • MUX/DEMUX
  • Optical Amplifiers
  • Modulators
  • Attenuators
  • Detectors

Photonic IC Market Raw Material Outlook (Revenue, USD Million, 2014 – 2024)
  • Indium Phosphide (InP)
  • Gallium Arsenide (GaAs)
  • Lithium Niobate (LiNbO3)
  • Silicon
  • Silica-on-Silicon

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