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 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.
Factors such as demand for inexpensive and reliable land mobile radios, significance of efficient critical communications, application of land mobile radios in diverse industries, and transition of communication devices from analog to digital are expected to drive the growth of the land mobile radio (LMR) market. The global LMR market was valued at USD 8.24 Billion in 2015 and is expected to grow at a CAGR of 14.3% between 2016 and 2022. The base year considered for the 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 LMR market, based on type, technology, frequency, application, and region. The report provides detailed information regarding major factors influencing the growth of the land mobile radio market. The report also gives a detailed overview of the value chain of the LMR market and analyzes the market trends with the help of Porter’s five forces analysis.
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 enterprise session border controller market was valued at USD 310.1 Million in 2015 and is expected to reach USD 528.4 Million by 2022, at a CAGR of 8.26% between 2016 and 2022. The transition of the enterprises to VoIP networks creates a challenge to safeguard the infrastructure and communications of the company in line with the traditional networks.
According to the new market research report on TAWS, the market in 2015 was valued at USD 144.6 Million and is expected to be worth USD 253.0 Million by 2022, at a CAGR of 5.8% between 2016 and 2022. The major drivers for the growth of the TAWS market is the mandate from the aviation industry globally and paradigm shift from rail/road transport to air transport. Other important drivers for the TAWS market growth is due to the increase in the demand for fleet all over the world.
The GNSS chip market is expected to be valued at USD 5.22 Billion by 2022, growing at a CAGR of 7.9% between 2016 and 2022. Some of the factors driving the growth of the GNSS chip market include the high penetration of electronic, wearable, and connecting devices; increasing demand for accurate and real-time data; rising demand for high-speed Internet and network coverage such as 4G/5G; and growing popularity of IoT.
The overall MEMS oscillator market was valued at USD 79.2 Million in 2016 and is expected to reach USD 802.8 Million by 2022, at a CAGR of 46.08% between 2017 and 2022. This report provides the size and future growth potential of the MEMS oscillator market across different segments such as packaging type, band, general circuitry, application, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges; and detailed value chain and Porter’s five forces analysis.
Water Quality Monitoring Market was valued at USD 2.95 Billion in 2015 and is expected to reach USD 4.69 Billion by 2025, growing at a CAGR of 4.54% between 2016 and 2025. The major factor driving this market is the development of government policies and initiatives to protect the environment from the adverse effects of pollution. This drives the adoption of pollution monitoring instruments across the globe.
The solid-state and other energy-efficient lighting market based on region was valued at USD 118.29 Billion in 2015 and is expected to reach USD 174.45 Billion by 2022, growing at a CAGR of 5.38% between 2016 and 2022. The demand for solid-state and other energy-efficient lighting is increasing because of several factors such as rising demand for environment-friendly lighting technologies, reduction in the overall maintenance costs of solid-state and other energy-efficient lighting products, and increased infrastructure growth in various developing countries such as India, China, and South Korea.
The self-checkout systems market was valued at USD 2.24 Billion in 2015 and is expected to reach USD 4.58 Billion by 2022, at a CAGR of 10.7% during the forecast period. The growth of this market is being propelled by the growing deployment of these systems in various formats of retail stores such as supermarkets, hypermarkets, department stores, and convenience stores.
The fiber optics gyroscope market is expected to reach USD 1,037.0 Million by 2022, at a CAGR of 3.61% between 2016 and 2022. The fiber optics gyroscope market is majorly driven by the increasing defense expenditure globally. Moreover, the overall fiber optics gyroscope market is driven by factors such as the huge demand for remotely operated vehicles guidance and growing adoption of automation in industries and homes. For this study, the base year considered is 2015 and the market forecast provided is between 2016 and 2022.
According to the MarketsandMarkets forecast, the street and roadway lighting market is expected to be valued at USD 10.94 Billion by 2022, growing at a CAGR of 6.03% between 2016 and 2022. The growth of the street and roadway lighting market could be attributed to the modernization and development of infrastructure such as smart cities, need for energy-efficient street lighting systems, increasing penetration of LED lights and luminaires in street lighting applications, and stringent rules and regulations by governments.
The industrial cooking fire protection systems market for the food manufacturing sector was valued at USD 1.74 Billion in 2015 and is expected to reach USD 2.35 Billion by 2020, at a CAGR of 6.2% during the forecast period. The food processing plants involving cooking operations have large cooking areas consisting of cooking equipment that use hydrocarbon and release a considerable amount of heat or energy.
According to MarketsandMarkets’ forecast, the precision farming software market, in terms of value, is expected to grow from USD 463.8 Million in 2015 to USD 1,188.7 Million by 2022, at a CAGR of 14.03% between 2016 and 2022. Precision farming software is mainly driven by integration of mobile technology with farming techniques, growing use of agricultural software for farm efficiency, and growing demand of real time data management through cloud computing. Other factors such as government’s support to adopt modern agricultural techniques and strengthening of intellectual property rights over agriculture innovations have further contributed to overall market growth.
The traction transformer market is expected to be valued at USD 724.2 Million by 2022, growing at a CAGR of 4.6% between 2016 and 2022. The growth of this market is propelled by the increased government spending for the rail infrastructure development, shift toward low carbon rail transport, and liberalization of the rail transport network.
The emergency spill response market is expected to be worth USD 33.68 Billion by 2022, at a CAGR of 7.0% between 2016 and 2022. The market is expected to witness significant growth in the coming years owing to stringent environmental regulations across world to reduce the environmental pollution from spills. The government agencies across the world are focused to reduce environmental pollution from the spills, thereby driving the emergency spill response market.
The global IoT insurance market is estimated to grow at a CAGR of 65.89% to reach USD 42.76 Billion by 2022. The growing adoption of Internet of Things (IoT) products in developed and developing economies, growing demand for cloud platform and other value-added services in the insurance industry are the major drivers for this market.
The Top 10 mobility technologies market is expected to grow at a significant rate during the forecast period. The base year used for this study is 2015, and the forecast period considered is between 2016 and 2022. The Top 10 mobility technologies market is expected to grow at a significant rate during the forecast period. The growth of this market is being propelled by the rapid technological advancements and increased need for wireless connectivity.
The Industrial Cloud Platform Market for Factory Automation is expected to be worth USD 747.1 Million by 2022, at a CAGR of 31.05% during the forecast period. The performance and characteristics of the industrial cloud platforms depend largely upon the platform and professional services offered. Industrial cloud platforms are adopted by several process based industries due to the ease and flexibility of services offered.
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.
The signaling devices market (audible & visual) was valued at USD 1.49 Billion in 2015 and is expected to reach USD 2.03 Billion by 2022, at a CAGR of 4.43% during the forecast period. The growth of this market is being propelled by the growing focus on industry safety measures and rise in the usage of LED lighting solutions for hazardous and safe areas.
According to the MarketsandMarkets forecast, the circuit protection market was valued at USD 35.85 Billion in 2015 and is expected to reach USD 53.56 Billion by 2022, at a CAGR of 5.92% between 2016 and 2022. The growth in the automotive electronics and Internet of Things (IoT) markets is driving the growth of the circuit protection market.
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.
Industrial fire brigade training program and services market size was valued at USD 54.5 Million in 2015 and is expected to reach USD 95.1 Million by 2022, at a CAGR of 8.54% between 2016 and 2022. The major factor driving this market is the continuous modification of industrial codes, regulations, and safety standards for industrial fire brigades.
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 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 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 global indoor air quality monitor market (IAQM) is expected to be valued at USD 4.63 Billion by 2022, growing at a CAGR of 9.22% 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.