The semiconductor and electronics industry reported constant growth from the time it came into being, approximately 40 years ago, until the economic crisis in 2009. The industry was able to cope from short term economic challenges, such as the bursti ....see more
The wireless fire detection systems market is expected to be worth USD 303.8 Million by 2020, growing at a CAGR of 7.7% between 2016 and 2020. The growth of the market is propelled by the increasing demand of these systems in retrofit installations due to the cost effectiveness and the ease involved in installing these systems. In addition, the improvement in the existing government regulations and mandates regarding fire protection systems are the major factors driving the market.
The flexible display market was valued at USD 2.67 Billion in 2016 and is expected to reach USD 15.14 Billion by 2022, at a CAGR of 34.42% from 2017 to 2022. The growth of this market is majorly driven by a technological shift to and development of energy-efficient, attractive, and high-specification flexible display products and the rising demand for smartphones, smartwatches, wearables, televisions, PC monitors, and laptops. Major players operating in the flexible display market include Samsung Display Co. Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Japan Display, Inc. (Japan), and BOE Technology Group Co., Ltd. (China), among others.
The terminal management system (TMS) market was valued at USD 725.5 Million in 2016 and is expected to reach USD 1,097.7 Million by 2023, at a CAGR of 5.94% between 2017 and 2023. The increased use of integrated safety and security solutions, which enhance the level of automation at terminals, is a driving factor for this market.
The multifactor authentication (MFA) market is estimated to grow from USD 5.2 billion in 2016 to USD 12.5 billion by 2022, growing at a CAGR of 15.5% during the forecast period. The factors that will drive the MFA market include increase in data breaches and cyber–attacks, stringent regulations and the growing pressure of data security compliances, and the growing adoption of BYOD concept among enterprises.Some of the major players in the multifactor authentication market are Safran (France), Gemalto NV (the Netherlands), NEC Corporation (Japan), 3M (US), CA Technologies (US), Fujitsu (Japan), VASCO Data Security International Inc. (US), HID Global Corporation/ASSA ABLOY AB (Sweden), RSA Security LLC (US), Suprema HQ Inc. (South Korea), and Crossmatch (US).
The industrial display market was valued at USD 4.09 Billion in 2016 and is expected to reach USD 5.87 Billion by 2022, at a CAGR of 6.18% during the forecast period. The factors such as technological shift and development of high specification display devices, rising demand for HMI devices, high growth of LED-backlit LCD-based display solutions, and growing adoption of IoT are expected to drive the growth of this market. The scope of this report covers the industrial display market on the basis of type, technology, panel size, application, vertical, and geography. Panel-mount monitors held the largest market size in 2016.
The overall fall detection system market was valued at USD 358.6 million in 2016 and is expected to reach USD 497.3 million by 2022, at a CAGR of 5.58% between 2017 and 2022. This report provides the market size and growth potential of the fall detection system market across different segments such as component, algorithm, system, end user, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges for the market. It also profiles the key players operating in the fall detection system market.
The fusion splicer market was valued at USD 570.5 Million in 2016 and is expected to reach USD 762.3 Million by 2022, at a CAGR of 4.72%. Moreover, the fusion splicer market registered a shipment of 65,735 units in 2016 and is expected to reach 97,353 units by 2022, at a CAGR of 6.52% during the forecast period. The base year considered for the study is 2016 and the forecast period is between 2017 and 2022.
The augmented reality software market was valued at USD 2.13 Billion in 2016 and is expected to reach USD 35.22 Billion by 2022, growing at a CAGR of 57.36% during the forecast period. The increasing demand for AR-based software applications for 3D visualization in the medical sector, growing interest of large tech companies in AR, and increase in demand for AR in the e-commerce and retail sectors are the major drivers for the augmented reality software market.
The filtration and contamination control market is estimated to reach USD 39.73 Billion by 2022, at a CAGR of 5.13% between 2017 and 2022. The base year considered for the study is 2016, and the market forecast has been done for the period between 2017 and 2022. The report aims at estimating the market size and future growth potential of the filtration and contamination control market based on filtration type, customer type, application, and region.
The overall frequency synthesizer market is expected to be worth at USD 1,446.3 Million by 2022 growing at a CAGR of 6.56% from 2017 and is expected to register a shipment of 1,457.0 thousand units by 2022. The demand for frequency synthesizers is expected to increase due to their requirement in the telecommunications application, which is constantly evolving and expanding to serve a wider range of consumers.
The ballast water treatment (BWT) market was valued at USD 14.29 Billion in 2016 and is expected to reach USD 118.77 Billion by 2022, at a CAGR of 37.19% during the forecast period. The growth of this market is propelled by the increasing government rules and regulations for the installation of BWT systems in the ships.
The overall wireless power transmission market is expected to be valued at USD 11.27 Billion by 2022, growing at a CAGR of 23.15%. The growth of this market is propelled by the factors such as the convenience offered by and consumer preference for wireless connectivity and need for effective charging systems. The inductive technology in the growth stage, while the magnetic resonance technology is entering the introductory stage; both the markets are expected to grow in the coming years.
The robotic process automation (RPA) market is estimated to reach USD 2,467.0 Million by 2022, at a CAGR of 30.14% between 2017 and 2022. The growth of this market is mainly driven by the ease in business processes offered by robotic process automation and convergence of robotic process automation with traditional business process industries.
According to the forecast provided by MarketsandMarkets, the overall connected car market registered a shipment of 5.1 Million units in 2015 and is expected to reach 37.7 Million units by 2022, at a CAGR of 35.54% between 2016 and 2022. The growth of this market is driven by government mandates on telematics applications, implementations of intelligent transportation system (ITS), rapid urbanization, and increasing demand for usage-based insurance (UBI).
The market for the top technologies and devices market is expected to grow at a significant CAGR during the forecast period. The growth of this market is propelled by the rapid technological advancements and increased need for emerging technologies such as quantum dot and virtual retinal and flexible displays. The scope of this report covers the top display technologies and devices market on the basis of diverse segments such as product, industry, application, and geography.
The display controller market was valued at USD 17.26 Billion in 2015 and is expected to reach USD 32.24 Billion by 2022, at a CAGR of 9.68% during the forecast period. The growth of this market The growth of this market is driven by the factors such as high demand for mobile communication devices with advanced displays, increasing need for more sophisticated display controllers in teleconferencing applications, growing adoption of interactive displays in the retail sector for enhanced customer experience, and changing role of display controllers from generic devices to more holistic system controllers.
According to MarketsandMarkets’ forecast, the overall machine vision market was valued at USD 8.12 Billion in 2015 and is expected to reach USD 14.43 Billion by 2022, growing at a CAGR of 8.15% between 2016 and 2022. The growth of this market is driven by the increasing need for quality inspection and automation across industry verticals, surge in demand for vision-guided robotic systems in automotive, pharmaceutical, food and packaging, and industrial sectors, and growing demand for application-specific machine vision systems.
The acousto-optics devices market is expected to reach USD 469.1 Million by 2022, at a CAGR of 7.24% between 2016 and 2022. The base year used for this study is 2015 and the forecast period is from 2016 to 2022. The acousto-optic modulators market is expected to reach USD 145.7 Million by 2022, at the highest CAGR of 9.22% between 2016 and 2022. This report provides valuable insights on the ecosystem of the acousto-optic devices market which includes component manufacturers such as AMS Technologies AG (Germany); system/device providers such as Gooch & Housego PLC (U.K.), Isomet Corporation (U.S.), and Brimrose Corporation of America (U.S.); and end users such as Coherent, Inc. (U.S.) and Rofin-Sinar Technologies Inc. (U.S.).
The microgrid as a service (MaaS) market was valued at USD 774.9 Million in 2015 and is expected to reach USD 2,241.6 Million by 2022, at a CAGR of 15.86% during the forecast period. Reduction in operational costs and negligible upfront investments by MaaS end users, rising demand from MaaS from hospitals, universities, and remote regions, and high investments by governments in microgrid infrastructure for improved resilience are expected to boost the demand for MaaS in the coming years.
The packaging automation solution market was valued at USD 28.39 Billion in 2015 and is expected to reach USD 52.42 Billion by 2022, growing at a CAGR of 8.68% during the forecast period. The increasing adoption of automation solutions across various industries, increasing need for supply chain integration, and reduction in labor costs are the major drivers for the packaging automation solution market.
The accelerometer and gyroscope market is expected to be worth USD 3.50 Billion by 2022. The high-end accelerometer and gyroscope market is expected to grow at a CAGR of 3.8% between 2016 and 2022, to reach USD 2.07 Billion by 2022 from USD 1.59 Billion in 2015. The high-end accelerometer and gyroscope market is majorly driven by the increasing defense expenditure globally, whereas the overall market is driven by factors such as the huge demand from the consumer electronics industry; stringent government regulations for the automotive industry; the emergence of efficient, economic, and compact MEMS technology; growing adoption of automation in industries and homes; and rising demand from emerging economies.
According to the MarketsandMarkets forecast, the in-vehicle networking market size, in terms of value, is expected to grow from USD 838.6 Million in 2015 to USD 1,366.0 Million by 2022, at a CAGR of 7.32% between 2016 and 2022. The in-vehicle networking market size, in terms of volume, is expected to reach 1.38 billion units by 2022, at a CAGR of 7.14% between 2016 and 2022.
The integrated drive systems market is expected to grow from USD 23.89 Billion in 2015 to USD 38.27 Billion by 2022, at a CAGR of 6.80% between 2016 and 2022. This report provides the market size and future growth potential of the drive systems market across different segments such as offering, communication protocol, industry, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges for the market.
The interactive projector market was valued at USD 670.3 Million in 2015 and is expected to reach USD 2,601.6 Million by 2022, growing at a CAGR of 21.5% between 2016 and 2022. The base year considered for study is 2015 and the forecast period is between 2016 and 2022.
The microwave transmission equipment market market was valued at USD 4.88 Billion in 2015 and is expected to reach USD 6.18 Billion by 2022, at a CAGR of 3.38% between 2016 and 2022. The base year considered for the study is 2015, and the forecast period is between 2016 and 2022.
The rising need for enhanced operational efficiency, intensifying competitive scenario among manufacturers, and growing supplier complexity are the key factors that influence the enterprise manufacturing intelligence market. The enterprise manufacturing intelligence (EMI) market is estimated to be valued at USD 1.53 Billion in 2016 and is expected to register a CAGR of 17.1%, to reach USD 3.95 Billion by 2022.
The automotive V2X market is expected to be valued at USD 767.5 Million in 2017 and is expected to reach USD 2,815.5 Million by 2022, at a CAGR of 29.69% between 2017 and 2022. The automotive V2X market is expected to be commercialized in 2017; therefore, the forecast period considered for the study is between 2017 and 2022.
The immersive simulator market is estimated to be worth USD 11.44 Billion by 2022, at a CAGR of 35.13% between 2016 and 2022. The growth of this market is majorly driven by the increasing applications in the medical industry, risk mitigation in oil and gas industries through training in immersive simulator, and ability to transfer knowledge quickly through training in immersive simulator
The global indoor air quality monitor market is projected to reach USD 7.17 billion by 2029 from USD 5.18 billion in 2024, growing at a CAGR of 6.7%. during the forecast period. Supportive government regulations for effective indoor air pollution monitoring and control, growing popularity of smart homes/green buildings, ongoing government initiatives toward the development of environment-friendly industries, increasing public-private funding for effective air pollution monitoring, rising level of air pollution worldwide, and increasing public awareness related to healthcare and the environmental implications of air pollution are some of the key factors fueling the growth of the market.
The smart connected assets and operations market was valued at USD 103.82 Billion in 2015 and is expected to reach USD 215.53 Billion by 2022, at a CAGR of 10.26% during the forecast period. Many countries are focusing on new innovations and expansions being carried out through the smart cities project, which would help to increase the demand for smart connected assets and operations system in the coming years.
The wire-to-board connector market was valued at USD 3.55 Billion in 2015 and is expected to reach USD 4.73 Billion by 2022, at a CAGR of 4.18% between 2016 and 2022. The growth of the wire-to-board connector market is driven by the factors such as the demand for high-speed connectivity and transmission bandwidth and low and stable raw material cost required for the manufacturing.
The global TV white space (TVWS) spectrum market was valued at USD 1.2 Million in 2015 and is expected to reach USD 53.1 Million by 2022, at a CAGR of 74.30% during the forecast period. The major factors driving the growth of the market include the increasing regulations by various governments worldwide to adopt the TVWS technology to provide affordable broadband services especially in remote locations.
The global G.fast chipset market is expected to grow from USD 41.0 Million in 2016 to USD 4,216.3 Million by 2022, at a CAGR of 116.5% between 2016 and 2022. The increased competition among the broadband service providers accelerates the demand for the G.fast chipset market across the world.
The IPMI market was valued at USD 1.20 Billion in 2015 and is expected to reach USD 3.10 Billion by 2022, at a CAGR of 13.2% between 2016 and 2022. The most significant factor driving the IPMI market is the rising demand for enhanced the server management, along with the reduced cost of ownership; also, increase in ICT spending and rising need for standardized server management platform act as drivers for the growth of the IPMI market. Similarly, the increasing trend of adoption of data centers by small and medium business is likely to create opportunities for the IPMI market to grow.
According to the MarketsandMarkets forecast, the e-compass market size, in terms of value, is expected to grow from USD 808.6 Million in 2015 to USD 2187.1 Million by 2022, at a CAGR of 14.57% between 2016 and 2022. The e-compass has applications across a number of verticals. The portable electronic devices deploy e-compass sensors, primarily as a navigational tool. The huge volume of sales of these devices such as smartphones, tablets, and wearables has driven the e-compass market.
The IoT monetization market was valued at USD 23.09 Billion in 2015 and is expected to reach USD 443.27 Billion by 2022, at a CAGR of 52.98% during the forecast period. The increasing Internet connectivity, increased use of smartphones and other connected devices, and growing adoption of cloud platforms are the major drivers for the IoT monetization market.
The threat detection systems market was valued at USD 48.38 Billion in 2015 and is expected to reach USD 119.17 Billion by 2022, at a CAGR of 13.11% during the forecast period. The growth of this market is driven by the increase in the terrorist activities and rising territorial conflicts and geopolitical instabilities. Government regulations also play an important role in the increasing demand for the threat detections systems.
The voice over WLAN market was valued at USD 15.01 Billion in 2015 and is expected to reach USD 34.68 Billion by 2022, at a CAGR of 11.65% during the forecast period. The ability of the voice over WLAN system to convert calls made to a private branch exchange (PBX) into data format, with the help of an efficient and low-cost wired or wireless LAN infrastructure, is a driving factor for this market. Key players in this market focus on strategic partnerships, acquisitions, agreements, and new product launches to increase their revenue. Aruba Networks, Inc., a global provider of enterprise mobility solutions and network equipment, mainly focuses on new product development and expansion of existing products.
The power over Ethernet solutions market was valued at USD 451.1 Million in 2015 and is expected to reach USD 1,048.3 Million by 2022, at a CAGR of 12.56% during the forecast period. The growth of this market is being propelled by the growing demand for PoE-based products, especially in the commercial vertical; continuous rise in the adoption of PoE-compatible VoIP phones and wireless access points; and increasing use of PoE power sourcing equipment for powering such devices.
The increasing automation of industrial processes, demand for compact automation solutions, and widespread adoption of IoT connectivity are the key influencing factors of the micro and nano PLC market. The micro and nano PLC market was valued at USD 5.58 Billion in 2015 and is expected to at a CAGR of 6.9% between 2016 and 2022. The base year considered for study is 2015 and the forecast period is between 2016 and 2022. The objective of the report is to provide a detailed analysis of the micro and nano PLC market based on type, offering, architecture, industry, and geography.
The chip antenna market is expected to be worth USD 2.99 Billion by 2022, growing at a CAGR of 13.1% between 2016 and 2022. A key factor driving the growth of this market is the increasing demand for chip antennas for IoT applications such as smart homes, smart grids, industrial internet, and connected cars. The dielectric chip antenna segment is estimated to hold the largest share in the chip antenna market, by product type.
The overall spectrum analyzer market was valued at USD 999.2 Million in 2015 and is expected to reach USD 1,750.0 Million by 2022, at a CAGR of 8.48% between 2016 and 2022. The growth of the studied market is driven by factors such as the rising demand for wireless technology, growth in the demand for spectrum analyzers with multi-tasking capabilities, technological advancements leading to innovation in product offering, significant advancements in terms of bandwidth & frequency, and the growing trend of portability in the studied market.
The white box server market is expected to reach USD 14.43 Billion by 2022, at a CAGR of 18.6% between 2016 and 2022. The growth of this market is propelled by the factors such as low cost and high degree of customization, growing number of data centers, increasing adoption of white box servers among end users, growing number of data centers, rising adoption of open platforms such as Open Compute Project, Project Scorpio, and so on.
The Internet of Robotic Things market (IoRT) is expected to be valued at USD 21.44 billion by 2022, growing at a CAGR of 29.7% between 2016 and 2022. The growth of this market is majorly driven by the adoption of IoRT by e-commerce industry, increasing application areas owing to integration of robots with various technologies, short payback period and ROI.
The touchscreen controller market was valued at USD 3.68 Billion in 2015 and is expected to reach USD 9.11 Billion by 2022, at a CAGR of 15.2% between 2016 and 2022. The growth of this market is being propelled by the growing deployment of capacitive touchscreen controllers in various in consumer electronics devices such as smartphones, tablets, laptops, wearable devices, and others. Besides, the durability, reliability and better operation of capacitive touchscreen controllers as compared to the resistive touch controllers, is further increasing the demand for the same, and thereby driving the market for the touchscreen controller alongside.
In the modern world of advanced technologies, proximity marketing is a promising and upcoming medium in the field of information and advertising across sectors. The proximity marketing market was valued at USD 9.01 Billion in 2015 and is expected to reach USD 52.46 Billion by 2022, at a CAGR of 29.8% during the forecast period. Proximity marketing is gaining traction among retailers to send special offers to their customers when they come within proximity of a certain retail outlet’s location.
The fog computing market, in terms of value, is expected to grow from USD 22.28 Million in 2017 to USD 203.48 Million by 2022, at a CAGR of 55.6% between 2017 and 2022. The fog computing market would be highly diversified and competitive with market players including top-tier and mid-tier companies as well as start-up firms. With the rate of proliferation of smart sensors, the increasing adoption of IoT-enabled devices, and mainstreaming of many smart applications, the fog technology is expected to become the most popular concept across domains such as manufacturing, energy, transportation & logistics, and healthcare, among others.
The system basis chip (SBC) market is expected to grow from USD 15.12 Billion in 2015 to USD 28.39 Billion by 2022, at a CAGR of 9.1% between 2016 and 2022. The system basis chip market size, in terms of volume, is expected to reach 31.19 billion units by 2022, at a CAGR of 11.8% between 2016 and 2022. The increasing vehicle production and increase in the use of electronics in vehicles are some of the significant growth drivers for the system basis chip market.
The mobile biometrics market is expected to grow from USD 4.03 Billion in 2015 to USD 49.33 Billion by 2022, at a CAGR of 29.3% between 2016 and 2022. The increased security breaches and the rising threats to the public and private properties have led to the need for mobile biometrics. One of the areas where mobile biometrics can provide substantial support is eliminating fraudulent multiple identities or preventing identity frauds.
The IR detector market for IR spectroscopy is estimated to be worth USD 224.5 Million by 2022, growing at a CAGR of 6.9% during the forecast period. The market size, in terms of volume, is expected to grow at a CAGR of 7.7% during the forecast period.