Europe Accounted for the Largest Share of Underfloor Heating Market

The underfloor heating system market was valued at USD 2.53 Billion in 2016 and is expected to reach USD 4.23 Billion by 2023, at a CAGR of 7.5% during the forecast period. The key factors driving the underfloor heating market include tax credit program, automation in industrial, commercial and residential sectors, and increasing awareness about benefits of underfloor heating systems.

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New installation to lead the underfloor heating market in the coming years

New installation held a major share of the underfloor heating market than other equipment in 2016. Underfloor heating is used for various applications, and there are prospects to use it in large-scale commercial properties in both new housing developments and new business premises. It has become the most popular choice of space heating for new build properties because of the significant growth of renewable energy systems. The underfloor heating system operates with a low-flow temperature, which can be easily achieved. It is being used largely in the development of flats and apartments, which are mainly suited to this type of heating system.

Market for hydronic systems to witness a high growth in the near future

Hydronic radiant heating systems are ideal for those homes that already use a water heater as the energy can be diverted to the floor in an efficient manner. In the hydronic underfloor heating system, heated water is propelled from a boiler through a link of tubing underneath the floor. Heat is conducted to the surface of the floor by hot water, and from there, radiant energy is emitted to the room. The system is controlled by one or more thermostats which control the manifold and boiler as required. Also, the hydronic underfloor heating system is suitable for most floor finishes such as carpet, ceramic, engineered and solid wood, laminate, stone, and vinyl. Including all of these benefits, it is expected to grow with highest CAGR during the forecast period.

Residential application is expected to grow at the highest CAGR during the forecast period

The high growth rate of the underfloor heating market in the residential application is mainly due to the growth in the self-build trend and custom-build trend in the domestic sector wherein house owners are involved in the specification of their new homes and are willing to invest more at the initial level to appreciate long-term benefits. The trend toward simple styling with clean, uncluttered lines, and open-plan living has supported the demand for invisible underfloor heating systems, particularly in kitchens and in bathrooms. For these areas, there are underfloor heating systems specifically designed for use under stones and ceramic tiles. Owing to all these trends, the underfloor heating market is showing an impressive growth.

Leading players operating in the underfloor heating market include Danfoss A/S (Denmark), Uponor Corporation (Finland), Emersion Electric Co. (US), Honeywell International (US), and Robert Bosch (Germany). Pentair PLC (US), Mitsubishi Electric Corporation (Japan), Schneider Electric SE (France), Siemens AG (Germany), and Nexans S.A. (France).

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The underfloor heating market in Europe held the largest share in 2016

The market is growing rapidly because Europe is moving toward a low-carbon economy and because of the increased awareness about environmental and energy efficiency concerns. Also, higher levels of insulation, driven by regulatory requirements and government initiatives are contributing to a reduction in the overall heating load, making underfloor heating a more practical and efficient heating solution in Europe.

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SCADA Market for Communication Systems Expected to Grow at the Highest Rate by 2022

The growth of this market is propelled by the increased demand for industrial mobility for remotely managing the process industry, increasing adoption of cloud computing in SCADA system, increasing infrastructure development in terms of smart cities and transportation, and rising adoption of Industry 4.0 using SCADA system

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Factors that are driving the growth of the market include increased demand for industrial mobility for remotely managing the process industry, increasing adoption of cloud computing in SCADA system, increasing infrastructure development in terms of smart cities and transportation and rising adoption of Industry 4.0 using SCADA system.

The communication system in SCADA system is a core component for monitoring the process control. The SCADA system cannot exist without a thoroughly designed communication network system. The Remote Terminal Unit (RTU) and Programmable Logic Controller (PLC) are connected to the SCADA system through the communication system. Owing to the applications of wireless communication system in large distribution networks, it is expected to continue to gain a large market share in the SCADA communications market.

“Market for software expected to grow at the highest rate during the forecast period”

SCADA software architecture consists of servers, software programs, and human–machine interface (HMI). SCADA servers are used for real-time database (RTDB) and are responsible for data collection and handling such as polling controllers, alarm checking, calculations of the process time and backup, logging and archiving, and exchange of information between processing system to computers which works 24*7, and also help in providing high level of cyber security.

“Oil and gas application expected to hold the largest share of the SCADA market”

The oil and gas application is expected to hold the largest share of the overall SCADA market. In the oil and gas application, SCADA systems are used to monitor and control the processing of oil from oil wellspring, through a network of pipelines to the refinery plants and further to end user locations. SCADA system provides a powerful and proactive method of diagnosing and detecting problems along with real-time data to make on-point decisions, helping to optimize profits.

The major players involved in the SCADA market are ABB (Switzerland), Alstom (France), Emerson Electric Co. (US), General Electric Co. (US), Honeywell International Inc. (US), Iconics Inc. (US), Omron Corporation (Japan), Rockwell Automation Inc. (US) Schneider Electric SE (France), Siemens AG (Germany), and Yokogawa Electric Corporation (Japan).

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“Americas expected to hold the second-largest share of the SCADA market during the forecast period”

The rising demand for SCADA in industrial, automotive, power, oil and gas, pharmaceutical, and healthcare sectors to improve performance efficiency and reduction in overall operational cost is expected to drive the growth of the SCADA market in North America. The growth of the South American market is primarily driven by the economic developments, increasing foreign investment, and growing manufacturing industry in Brazil. The various exhibitions held in North America further boost the market in this region. For example, an international trade fair is likely to be held in 2018 for process, production, and industrial building automation, which directly involves SCADA products.

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District Heating Market expected to reach $203.0 billion by 2023

According to the new market research report "District Heating Market by Heat Source (Coal, Natural Gas, Renewable, Oil & Petroleum Products), Plant Type (Boiler Plant, CHP), Application (Residential, Commercial, Industrial), and Geography - Global Forecast to 2023", The district  heating market is expected to grow from USD 170.7 billion in 2018 to USD 203.0 billion  by 2023, at a compound annual growth rate (CAGR) of 3.5% during the forecast  period. The major factors driving the district heating market include increasing  demand for energy-efficient and cost-effective heating systems and growing   urbanization and industrialization.

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Renewable heat source to grow at highest CAGR in global district heating market during forecast period

Renewable heat sources help in meeting the rising energy needs, improving efficiency, reducing greenhouse gas emission, and improving climate conditions. Geothermal heat source uses one or more production fields as heat sources to supply district heating to residential and commercial buildings. Solar heating converts energy from the sun into heat; it uses solar panels that are often arranged on a building or concentrated in solar farms to facilitate a clean heat source. As a CO2-free power source, the environmental impact of the solar heat source is significantly smaller than other power generation methods.

CHP plant type to hold major share of global district heating market during forecast period

CHP helps reduce the capital investment, provides economies of scale, reduces heat losses to the environment, and substitutes the use of fossil fuels for district heating, which, in turn, lead to the reduction of greenhouse gas emissions. Moreover, CHP makes a district heating system an efficient energy solution for residential and commercial entities that show significant demand for district heating.

Residential application to dominate global district heating market during forecast period

Favorable government incentives such as more focus on energy-efficient products have led to the increased adoption of district heating in residential application. Moreover, continuous urban development is boosting the demand for district heating. Growing urbanization leads to organized infrastructure developments suitable for district heating solution. Growing urban cities create a demand for sustainable, efficient, and reliable utility services including district heating and electricity production.

Europe to hold major share of district heating market from 2018 to 2023

Europe is the largest market for district heating as a large number of leading players are based in this region. Increasing technological advancements, in terms of connectivity, digitalization, and IoT integration; rising demand for energy-efficient solution; and growing initiatives to reduce greenhouse gas emissions are the crucial factors driving the growth of this market in Europe. Due to the legislative framework of the European countries including Germany, the UK, and France, the penetration of district heating in new buildings is expected to increase in the upcoming years, especially gated societies. As a result, the market for district heating is expected to hold a major share in this region.

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Fortum (Finland), Vattenfall (Sweden), Engie (France), Danfoss (Denmark), NRG Energy (US), Statkraft (Norway), Shinryo Corporation (Japan), LOGSTOR (Denmark), Vital Energi (UK), Kelag (Austria), Goteborg Energi (Sweden), FVB Energy (Canada), Alfa Level (Sweden), Ramboll (Denmark), Savon Voima (Finland), Enwave Energy (Canada), Orsted (Denmark), Helen (Finland), Keppel DHCS (Singapore), and STEAG New Energies (Germany) are among the major players in the district heating market.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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EUV Lithography (EUVL) Market expected to reach 10.31 billion USD by 2023

According to the new research report “EUV Lithography (EUVL) Market by End User (Integrated Device Manufacturer (IDM) and Foundry Companies), Equipment (Qualitative), and Geography (The Americas and Asia Pacific) – Global Trend and Forecast to 2023″, the EUV lithography market is expected to grow from USD 2.98 billion in 2018 to USD 10.31 billion by 2023, at a CAGR of 28.16% between 2018 and 2023. The growth of this market is mainly driven by the trend of miniaturization and reduction in process complexity and cost.

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The market for IDM accounted for the largest share in 2017

Leading IDMs in the EUV lithography market are Samsung (South Korea) and Intel (US). These companies have invested in ASML’s (Netherlands) R&D for the development of EUVL and have been the key customers of EUVL. For instance, in 2014, Samsung (South Korea) has successfully processed 200,000 wafers with EUV lithography technology. In addition to this, Intel (US) placed around 15 orders at ASML (Netherlands) for EUV lithography to integrate in its newly developing plants. Therefore, the IDM held the largest market of EUV lithography in 2017. Also, the major application area of EUV lithography is the development of performance and storage memory, where Samsung (South Korea) is one of the leading companies.

The market in APAC is expected to grow at the highest CAGR during the forecast period

Emerging market for performance and storage memory in growing consumer applications in APAC will significantly boost the adoption of EUV Lithography in the region. APAC has some of the leading countries dealing with semiconductor electronics manufacturing, such as China, Japan, Taiwan, and South Korea. APAC held the largest market for semiconductor memory as it is a hub for major semiconductor and electronics applications.

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ASML (Netherlands) is the only provider of EUV lithography systems and is a monopoly in the EUV lithography market. Some of the leading players involved in the advanced lithography market include Nikon (Japan) and Canon (Japan). Other advanced lithography technologies, such as nanoimprint, could act as a threat to the development of EUV lithography market. Key suppliers of EUV lithography equipment to ASML are Carl Zeiss (Germany), Toppan Printing (Japan), and NTT Advanced Technology (Japan). Key customers of EUV lithography include leading IDMs such as Samsung (South Korea), SK Hynix (South Korea), Intel (US), and Toshiba (Japan) and foundries such as GLOBALFOUNDRIES (US) and TSMC (Taiwan).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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EUV Lithography Market (EUVL) worth 10.31 billion USD by 2023

According to the new research report “EUV Lithography (EUVL) Market by End User (Integrated Device Manufacturer (IDM) and Foundry Companies), Equipment (Qualitative), and Geography (The Americas and Asia Pacific) – Global Trend and Forecast to 2023″, the EUV lithography market is expected to grow from USD 2.98 billion in 2018 to USD 10.31 billion by 2023, at a CAGR of 28.16% between 2018 and 2023. The growth of this market is mainly driven by the trend of miniaturization and reduction in process complexity and cost.

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Browse 20 market data Tables and 37 Figures spread through 96 Pages and in-depth TOC on “Extreme Ultraviolet Lithography (EUVL) Market – Global Trend and Forecast to 2023”
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The market for IDM accounted for the largest share in 2017

Leading IDMs in the EUV lithography market are Samsung (South Korea) and Intel (US). These companies have invested in ASML’s (Netherlands) R&D for the development of EUVL and have been the key customers of EUVL. For instance, in 2014, Samsung (South Korea) has successfully processed 200,000 wafers with EUV lithography technology. In addition to this, Intel (US) placed around 15 orders at ASML (Netherlands) for EUV lithography to integrate in its newly developing plants. Therefore, the IDM held the largest market of EUV lithography in 2017. Also, the major application area of EUV lithography is the development of performance and storage memory, where Samsung (South Korea) is one of the leading companies.

The market in APAC is expected to grow at the highest CAGR during the forecast period

Emerging market for performance and storage memory in growing consumer applications in APAC will significantly boost the adoption of EUV Lithography in the region. APAC has some of the leading countries dealing with semiconductor electronics manufacturing, such as China, Japan, Taiwan, and South Korea. APAC held the largest market for semiconductor memory as it is a hub for major semiconductor and electronics applications.

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ASML (Netherlands) is the only provider of EUV lithography systems and is a monopoly in the EUV lithography market. Some of the leading players involved in the advanced lithography market include Nikon (Japan) and Canon (Japan). Other advanced lithography technologies, such as nanoimprint, could act as a threat to the development of EUV lithography market. Key suppliers of EUV lithography equipment to ASML are Carl Zeiss (Germany), Toppan Printing (Japan), and NTT Advanced Technology (Japan). Key customers of EUV lithography include leading IDMs such as Samsung (South Korea), SK Hynix (South Korea), Intel (US), and Toshiba (Japan) and foundries such as GLOBALFOUNDRIES (US) and TSMC (Taiwan).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Ethernet Controller Market worth 11.89 Billion USD by 2023

The report “Ethernet Controller Market by Function (PHY & Integrated), Bandwidth (Ethernet, Fast Ethernet, Gigabit Ethernet), Packaging (Flip-chips, and Grid Arrays, QPF, QFN, and Others), Application and Geography – Global forecast to 2023″, The Ethernet controller market is expected to grow from USD 8.28 Billion in 2017 to USD 11.89 Billion by 2023, at a CAGR of 6.22% between 2017 and 2023. The growing demand for high-performance applications, integration of advanced features, small form factor, and easy interface with 16 and 32-bit embedded CPUs are the key driving factors for the Ethernet controller market.

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Ethernet controller market for flip-chips and grid arrays expected to grow at the highest CAGR during the forecast period

The market for flip-chip and grid arrays is expected to witness a significant growth during the forecast period owing to factors such as high pin density, low thermal resistance, and low inductance. The Ethernet controller market by packaging was dominated by the flip-chip and grid array. In 2016, flip-chip and grid array held the largest market size of the overall Ethernet controller market for packaging.  The increased adoption of the flip-chip packaging methodology is a result of its smaller size regarding both height and area. Flip-chips also offer reduced inductance, allowing higher speed signals, coupled with a considerably better heat conductivity. Also, the performance in high-frequency applications is superior when using flip-chips in comparison with the other interconnection methods, because the length of the connection path is minimized. Similarly, the grid array packages enable high-density connections. This is due to the ability of the grid arrays that allow the underside of a chip package to be used for connectivity.

Increasing use of servers is driving the Ethernet controller market

Among applications, servers are expected to lead the overall Ethernet controller market due to the highest CAGR during the forecast period. The enterprise migration to the cloud and the role of emerging technologies such as artificial intelligence, IoT, and analytics are increasing the use of servers. The increasing number of broadcasters offering direct-to-consumer (D2C) propositions through OTT services, along with traditional distribution routes has also propelled the growth of servers.

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APAC expected to hold the largest market share, while North America projected to witness the highest growth rate

APAC is expected to account for the largest share of the Ethernet controller market in 2017, followed by North America and Europe. The market in APAC is expected to grow at the highest CAGR during the forecast period. The growth of this market in APAC can be attributed to the increased use of Ethernet controller in servers, consumer applications, and desktop systems. The growth in the market for Ethernet controller in APAC is also driven by the rising demand for VoIP solutions, gaming consoles, and digital signage in the region.

The major players in the Ethernet controller market include Intel (US), Broadcom (Singapore), Microchip (US), Marvell (US), and Microsemi (US).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Interactive Kiosk Market worth 30.53 Billion USD by 2023

According to the market research report “Interactive Kiosk Market by Type (Bank Kiosks, Self-Service Kiosks, and Vending Kiosks), Vertical (Retail, Healthcare, Banking & Financial Services, Government, Transportation, Hospitality, Entertainment), Offering, & Geography – Global Forecast to 2023″, The interactive kiosk market was valued at USD 20.37 Billion in 2016 and is expected to be worth USD 30.53 Billion by 2023, at a CAGR of 5.69% between 2017 and 2023. The growth of this market is driven by the increasing interest of customers in self-service interactive kiosks and enhanced shopping experience of customers with the help of kiosks in the retail industry.

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Interactive kiosk market for bank kiosks expected to grow at the highest CAGR during the forecast period

Interactive kiosks are largely used for banking and financial services. It is one of the remote banking channels providing extra convenience to customers and save service cost to the bank. These types of kiosks are used in the banking and financial services sector for performing the functions of prepaid/debit card kiosks, loan kiosks, and bill payment kiosks as well as for cashing checks, transferring money, buying money orders, printing checks, accessing online banking, and printing financial statements.

Interactive kiosk market for the banking and financial services vertical expected to grow at the highest CAGR between 2017 and 2023
 
The self-service culture is growing at a fast rate in the market for banking and financial services. Also, the consumers are relying more on the self-service technology and Internet facility to perform various financial functions. The use of bank kiosks saves the time spent by customers in the queues for the teller machines or during transferring cash and depositing funds.

Interactive kiosk market in APAC expected to grow at the highest CAGR during the forecast period

The interactive kiosk market is rapidly expanding in APAC. The growth of the market in APAC can also be attributed to the advancements in technology and emergence of new business models. The booming retail sector and emerging infrastructures in the region would further facilitate the growth of the kiosks in the APAC region. Moreover, the economic growth in this region is attracting more investments from suppliers of the interactive kiosks.

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Some of the major players operating in the interactive kiosk market are KIOSK Information Systems (US), NCR Corporation (US), SlabbKiosks (US), Source Technologies (US), Diebold Nixdorf (US), Embross (Canada), IER SAS (France), Meridian (US), REDYREF (US), Advantech Co. (Taiwan), NEXCOM International Co. (Taiwan), and KAL (UK).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
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Northbrook, IL 60062
USA : 1-888-600-6441
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