Semiconductor and Electronic Market Research Report Study

Due to huge developments and innovations in technology day-by-day, the Semiconductor and Electronics has become a highly emerging sector. In the present day scenario, many investors are actively investing in latest technologies. Research Report Analysis will help you get more flavors, deep into its market and regions where this technology is experiencing a huge demand. Also, it will help in getting you the "right business at a right time," wherein you will get more $ in revenue.

Monday 25 July 2022

Augmented Reality Market worth $88.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 31.5%

Recent Developments in the Global Augmented Reality Market:

#1 Microsoft launched its new app called Microsoft Mesh that gives users across AR/VR meeting space to interact with other users and 3D content, handling all the technical hard parts of sharing spatial multiplayer experiences over the web.

#2 Microsoft won a contract from the US Army to supply HoloLens technology. The deal is worth about USD 22 billion, lasting for 10 years when Microsoft will provide the military with 120,000 AR headsets.

Projected Surge in Revenue Generation:

Augmented Reality Market with COVID-19 Impact Analysis, by Device Type (Head-mounted Display, Head-up Display), offering (Hardware, Software), Application (Consumer, Commercial, Healthcare), Technology, and Geography - Global Forecast to 2026 published by MarketsandMarkets, the augmented reality market was valued at USD 14.7 billion in 2020 and is projected to reach USD 88.4 billion by 2026; it is expected to grow at a CAGR of 31.5% from 2021 to 2026.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=82758548

Browse 169 market data Tables and 61 Figures spread through 216 Pages and in-depth TOC on "Augmented Reality Market - Global Forecast to 2026"
View detailed Table of Content here -https://www.marketsandmarkets.com/Market-Reports/augmented-reality-market-82758548.html

Major Growth Boosting Factors:

Hardware segment to account for the largest share of augmented reality market during the forecast period

On the basis of offering, the augmented reality market has been segmented into hardware and software. The hardware segment of the augmented reality market is projected to witness a higher growth rate than the software segment, owing to the increasing adoption of augmented reality hardware globally.

Consumer application to account for the largest share of augmented reality market during the forecast period

On the basis of application, the augmented reality market has been segmented into consumer, commercial, aerospace & defense, healthcare, enterprises (manufacturing), automotive, energy, and others. The consumer application segment is projected to account for the largest size of the augmented reality market from 2021 to 2026.

Geographic Analysis

North America
Europe
APAC
RoW

APAC to account for the largest share of augmented reality market during the forecast period

The flourishing enterprises (manufacturing) sector in China and Japan is projected to fuel the growth of the augmented reality market in APAC. The gaming industry in this region has also witnessed significant growth, thereby contributing to the increased demand for augmented reality technology in APAC. Additionally, rising investments in commercial applications of augmented reality are also expected to contribute to the growth of the market in APAC. Moreover, the thriving healthcare and automotive sectors in Japan are also projected to drive the demand for AR technology in the region.

Some key companies operating in the market are Google, Inc. (US), PTC Inc. (US), Seiko Epson (Japan), Microsoft (US), Lenovo (Hong Kong), Samsung Electronics (South Korea), Apple (US), and so on.

Don’t miss out on business opportunities in Augmented Reality Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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.

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SCADA Market Trends worth $13.2 Billion Impact Analysis CAGR of 7.6% by 2026

Recent Developments in SCADA Industry

#1 Emerson Electric acquired Progea Group (Italy), one of the key providers of plant analytics, IIoT, HMI, and SCADA technologies. The acquisition enables the addition of Progea’s analytics, industrial visualization, and IIoT capabilities to enhance Emerson’s embedded software and control portfolio.

#2 Schneider Electric developed the next-gen EcoStruxure Power, an IoT-enabled platform that digitizes, optimizes, and simplifies electrical distribution systems to make them safer, smarter, and faster.

According to the new market research report "SCADA Market with COVID-19 Impact by offering (Hardware, Software, Services), Component (Programmable Logic Controller, Remote Terminal Unit, Human‒Machine Interface, Communication System), End User, and Region - Global Forecast to 2026", the global SCADA market size was valued at USD 9.2 billion in 2021 and is projected to reach USD 13.2 billion by 2026; it is expected to grow at a CAGR of 7.6% from 2021 to 2026.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19487518

Browse 158 market data Tables and 87 Figures spread through 230 Pages and in-depth TOC on "SCADA Market with COVID-19 Impact by End User, and Region - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/scada-market-19487518.html

Major Growth Boosting Factors:

Services offering accounted for the largest size of the SCADA market in 2020.

The services segment accounted for the largest share of the SCADA market in 2020. Many of the industries in the Americas and Europe have already implemented SCADA systems. Thus, there are fewer opportunities in terms of the implementation of new SCADA systems. However, in terms of modification of SCADA systems, there are huge opportunities. After the installation of SCADA systems, organizations need proper modification and maintenance throughout the life of SCADA systems. Service offerings, especially cybersecurity, are considered while customizing or modifying SCADA systems.

Process industry is expected to hold the largest size of the SCADA market in 2021.

Process industry is expected to account for the largest share of the SCADA market during 2021–2026. The rate of adoption of SCADA systems is high in process industries, owing to the rising pressure on manufacturers to optimize the cost and production processes. Increasing demand for real-time visibility of complex operations in industries such as oil & gas, chemicals, pharmaceuticals, metals and mining, and food & beverages is expected to drive the demand for SCADA systems in the process industry.

Top Key Players in SCADA Market:

Schneider Electric,
Emerson Electric,
Rockwell Automation,
ABB, Siemens,
Honewell International,
Mitsubishi Electric

APAC projected to grow at the highest CAGR of SCADA market from 2021 to 2026.

APAC is projected to hold the largest share of the SCADA market during the forecast period. APAC is the production hub for automation technologies due to the presence of major companies such as Yokogawa Electric, Mitsubishi Electric, and OMRON. Renewable energy, smart grids, water & wastewater, and transportation sectors are expected to drive the growth of the SCADA market in APAC. Automation is increasing in APAC because of the rising necessity for high-quality products, along with increased production rates.

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.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062

Friday 22 July 2022

Digital Signage Market Impact Analysis worth $27.8 Billion by 2026

Recent Developments in the Global Digital Signage Market

#1 Sharp launched the new massive 8K Ultra-HD professional LCD. The new display packs in 33 million pixels and employs a wide color gamut color filter and optimized LED backlight phosphors. This helps the display to deliver brilliant clarity and reproduce improved gradations of red, blue, and green in the pixels. These benefits make the LCD suitable for use in corporate lobbies, museums, showrooms, and video production.

#2 Panasonic commercially launched its new transparent OLED display module, which boasts of high image visibility. The 55-inch display module uses a self-illuminating transparent OLED display panel that does not require a backlight. The new product is suitable for use in commercial complexes, transit advertisements, retail stores, and public facilities such as lounge, museum, etc.

Projected Surge in Revenue Generation

The global digital signage market will grow to USD 27.8 billion by 2026 (forecast year) from USD 16.3 billion in 2021 (estimated year), at a CAGR of 11.2% between 2021 and 2026. The key drivers fueling the growth of this market include the growing adoption of digital signage in commercial applications, increasing infrastructure developments in emerging countries, surging demand for 4K & 8K resolution displays, and ongoing technological advancements in displays.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=513

Browse 154 market data Tables and 62 Figures spread through 265 Pages and in-depth TOC on "Digital Signage Market with COVID-19 Impact Analysis and Geography - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/digital-signage-market-513.html

The software segment to register higher CAGR during the forecast period

Technological advancements, rising need for real-time content delivery, and increasing applications of smart signage have led to the growth of the software segment of the digital signage market. The higher frequency of purchases and subscriptions associated with digital signage software due to various useful benefits offered by it complemented with the low purchasing frequency of hardware devices due to their long operational life is another major factor contributing to the growth of the software segment. Software licenses need to be purchased and upgraded at regular intervals, which is further expected to accelerate the market growth of software in coming years.

Market Segmentation:

Commercial
Institutional
Infrastructure
Industrial

The indoor installation segment to hold the largest market share in 2026

Indoor signage has witnessed significant demand in healthcare, education, corporate and broadcast, and retail applications. The demand for indoor signage in these applications mainly stems from the ongoing adoption of immersive and highly interactive display technologies. Additionally, the rapid adoption of self-service kiosks, which allow customers in retail applications to browse digital products and make purchases, is further driving the growth of the market for indoor digital signage. Indoor digital signage products, such as interactive digital screens, influence customers’ purchase decisions. Meanwhile, the usage of indoor digital menu boards helps improve operational efficiency and customer experience. Samsung, NEC, and LG are among the major players focusing on a wide range of indoor digital signage applications.

Major Growth Boosting Factors : APAC to register higher CAGR during the forecast period

APAC is projected to lead the digital signage market from 2021 to 2026. Increasing adoption of the Internet of Things (IoT) and technologies that enable digital transformation across various sectors such as commercial, institutional, infrastructure, and industrial has fueled the demand for digital signage in APAC. The rise of online advertising and issues related to the adoption of digital signage in various applications are expected to restrict the growth of the digital signage market in APAC.

Major players in the digital signage market are Samsung Electronics (South Korea), LG Electronics (South Korea), Sharp Corporation (Japan), Leyard Optoelectronic (US), Sony Corporation (Japan), Barco (Belgium), Panasonic Corporation (Japan), Shanghai Goodview Electronics (China), AU Optronics (Taiwan), and BrightSign (US). The top players have adopted merger & acquisition, partnership, collaboration, and product launch strategies to grow in the global precision farming market.

Don’t miss out on business opportunities in Digital Signage Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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630 Dundee Road
Suite 430
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Monday 18 July 2022

Artificial Intelligence in Manufacturing Market Growth worth $16.3 Billion Impact Analysis by 2027

Recent Developments in the Global Artificial Intelligence in Manufacturing Market

1. January #2022 : NVIDIA launched GeForce RTX 3050, a product that brings next-generation graphics and AI to games. The RTX line-up uses ray tracing technology for real-time, cinematic quality rendering. The product also features deep learning super sampling and boosts frame rate.

2. December #2021 : IBM launched IBM Z and Cloud Modernization Center a digital platform with a wide range of tools and resources, as well as ecosystem partners, which will help users accelerate the modernization of data, processes, and applications in an open hybrid cloud architecture.

Projected Surge in Revenue Generation:

[270 Pages Report] Artificial intelligence in manufacturing market size is valued at USD 2.3 billion in 2022 and is anticipated to USD 16.3 billion by 2027; growing at a CAGR of 47.9% from 2022 to 2027. Factors such increasing awareness about passenger and vehicle safety are driving the growth of the market during the forecast period.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72679105

Semiconductor & Electronics Industry to register highest CAGR during forecast period

In the semiconductor & electronics industry, AI is used for production planning, quality control, and material movement. Implementing AI-based solutions is expected to benefit manufacturers in optimizing the production cost, technology implementation, and integration of components. This data helps in planning and maintaining the production process efficiently. Thus, AI solutions help the companies operating in the semiconductor & electronics equipment industry to analyze the data collected at all points to aid improved decision-making for the manufacturing process and register the highest growth potential.

Software segment to hold largest share of AI in manufacturing market during the forecast period

Software itself can run specific applications without using any additional hardware. The AI-related additional hardware is needed in the case of faster calculations in manufacturing, e.g., in predictive analysis and machine inspection, quality control, and fieldwork. Rising demand for software, especially in predictive maintenance and quality control applications, and widening application scope of AI in the manufacturing sector are the prime factors fueling the growth of the market for AI platforms.

Rising adoption of AI-based quality control systems to drive market growth

AI-based quality control applications enable plant operators to quickly detect property variations during the production time. These AI-based applications of quality control rely on 3- and 2-dimensional data, which is collected by a laser-based aggregate scanning system that converts data into digital images. These wavelet-based features are used as inputs to an artificial neural network, which is used to assign a predefined class to the sample. This quality control helps a plant operator to verify the quality of products.

Presence of world-leading manufacturing companies boosts AI in manufacturing market growth in Japan

Japan has launched an initiative—Industrial Value Chain Initiative—to explore advanced technologies. Mitsubishi Electric, Fujitsu, Nissan Motor, and Panasonic are among the top companies that cater to major businesses in the electric, IT, machinery, and automobile fields. Connected machines and transport robots are being used on the shop floor of companies such as Toyota for a long time. Moreover, the ministries have been promoting IT projects in the country. Japan is strong in information and communication technology, manufacturing processes, automotive and machinery industries, automatization and robot technologies and electronic parts.

Major Growth Boosting Factors:

Japan-based companies Fujitsu (Japan) and Hitachi (Japan) are renowned providers of big data and cybersecurity solutions to diverse sectors, ranging from agriculture to manufacturing and services. This has resulted in the adoption of AI in manufacturing industries in Japan. Japan established a phased development plan for AI to develop and apply data-powered AI in various fields; to build an AI ecosystem by connecting different fields.

About MarketsandMarkets™

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
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Underfloor Heating Market share worth $7.0 Billion Impact Analysis by 2027

The report "Underfloor Heating Market with COVID-19 Impact Analysis by offering (Hardware, services), Product Type and Component (Hydronic, Electric), Installation Type (New, Retrofit), Application (Residential, Commercial), Region - Global Forecast to 2027", is projected to grow from USD 4.8 billion in 2022 to USD 7.0 billion by 2027; it is expected to grow at a CAGR of 7.6% from 2022 to 2027. Strong government support and incentives for the development and adoption of energy-efficient heating solutions is one of the major factors fueling the growth of this market.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167464533

Browse 182 market data Tables and 57 Figures spread through 214 Pages and in-depth TOC on "Underfloor Heating Market by Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/underfloor-heating-market-167464533.html

“Hardware offerings accounted for a larger share of the underfloor heating market in 2021.”

Hardware offerings accounted for a larger share of the underfloor heating market in 2021. The growth of the market is attributed to the increasing demand for hardware such as heating pipes and cables, distribution units, and manifolds for use in hydronic and electric underfloor heating systems.

“Market for electric underfloor heating expected to grow at higher CAGR during forecast period”

The market for electric underfloor heating systems is expected to grow at a higher CAGR during the forecast period. Electric underfloor heating systems are less costly and are easier to retrofit because these systems comprise several subsystems that do not require an insulating screed. Electric systems can also easily be fitted into a single room, particularly where wireless controllers are used to avoid digging walls. Furthermore, electric underfloor heating systems exert less load on floors; therefore, they can be easily fitted in rooms and flats on a higher level.

“Market for new installations of underfloor heating systems expected to grow at highest CAGR during forecast period”

New installations would dominate the underfloor heating market during the forecast period, mainly because of favorable government regulations and tax credit facilities on the installation of energy-efficient systems and a high focus on energy saving and minimizing energy bills. Underfloor heating systems also reduce installation cost in new builds, where developers use on-site laborers to install basic systems and use specialist contractors to commission and connect electric systems and boilers.

“Residential application accounted for largest share of underfloor heating market in 2021”

The residential application held the largest share of the underfloor heating market in 2021 due to the increasing awareness about the benefits of underfloor heating systems in residential properties. The high growth rate of the underfloor heating market for the residential application is mainly due to the growing refurbishment activities in many developed nations. Underfloor heating is considered to be ideal for new builds and also becoming more popular for renovations because of new product innovations in this area.

“Europe is expected to dominate underfloor heating market during forecast period”

The European market is expected to grow at the highest CAGR during the forecast period due to the growing trends of zero-carbon emissions and tax-credit benefits policies adopted by various governments in European countries. Also, many players are offering portable electric underfloor heating systems in Europe, which would further increase the adoption of underfloor heating systems.

A few of the key players in the underfloor heating market are Uponor (Finland), Resideo Technologies Inc. (US), nVent Electric (UK), Warmup (UK), Rehau (Switzerland), Emerson (US), Robert Bosch (Germany), Danfoss (Denmark), Mitsubishi Electric (Japan), and Siemens (Germany).

Don’t miss out on business opportunities in Underfloor Heating Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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USA : 1-888-600-6441

Tuesday 12 July 2022

Light Control Switches Market worth $10.1 billion by 2025, at CAGR of 8.9%

According to the new market research report, "Light Control Switches Market by Product Type (Switches, Dimmers), Communication Technology (Wired, Wireless), End-use Application, Switch Solutions (Standalone, Integrated), Light Source, Geography - Global Forecast to 2025", The light control switches market is estimated to grow from USD 6.6 billion in 2020 and projected to reach USD 10.1 billion by 2025, at a CAGR of 8.9%. The major factors driving the growth of the light control switches market include the advent of integrated lighting control systems, ongoing and upcoming smart city projects in developing economies, increasing adoption and reduction in prices of LEDs, and growing awareness about energy savings among consumers and governments worldwide.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221529576

Browse 105 market data Tables and 55 Figures spread through 162 Pages and in-depth TOC on "Light Control Switches Market - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/light-control-switches-market-221529576.html

“DALI protocol to hold the largest size of light control switches market for wired communication technology during the forecast period.”

In 2019, the DALI protocol held the largest share of wired communication technology. As of now, DALI is the predominant communication technology used owing to its ease of installation, open protocol, and requirement of less branch wiring than traditional controls. However, technology is not seen as a dominant protocol in the future due to the escalated demand for wireless technologies.

“Light control switches market for electronic switches is expected to exhibit high growth during the forecast period.”

Electronic switches include wireless switches, sensor-based switches, and others. The adoption of electronic switches is increasing owing to their ability to control lights effectively and ensure higher energy savings, leading to very high growth during the forecast period.

“APAC to hold the largest share of light control switches market during the forecast period.”

APAC accounted for a significant share of the light control switches market in 2019. APAC is expected to be the fastest-growing region for the light control switches market during the forecast period owing to the rapid infrastructure-related activities being undertaken in this region, mainly in China, where smart lighting paves the way for the modernization of infrastructure. Factors such as the ever-growing population, increasing per capita income, as well as vast geographic expansions, have indirectly contributed to the growth of the market for light control switches in the Asian countries.

Major players in the light control switches market are

Signify (Philips Lighting) (Netherlands),
Legrand S.A. (France),
Eaton Corporation (Ireland),
General Electric Company (US),
OSRAM Licht (Germany), and so on..

Don’t miss out on business opportunities in Light Control Switches Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

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Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062

Monday 11 July 2022

Optoelectronic Components Market Key Revenue Pocked - worth US$52.7 billion by 2025

The global optoelectronic components market size is projected to grow from USD 41.4 billion in 2020 to USD 52.7 billion by 2025, recording a CAGR of 5.0%. Emerging opportunities for optoelectronic components and R&D could lead to innovation in the optoelectronic components industry. Promising industrial IoT applications provide major growth opportunities to market players. This report covers optoelectronic components such as LEDs, optocouplers, sensors, infrared components, ultraviolet components, and laser diodes. These components find application in verticals such as automotive, consumer electronics, telecommunication, military & aerospace, industrial, medical, and residential & commercial.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=450

Emerging opportunities for optoelectronic components and R&D could lead to innovation. Promising industrial IoT applications provide major growth opportunities to market players. The optoelectronic components industry growth is mainly driven by the increased use of infrared components in consumer electronics and automobiles, their long life and low power consumption, the demand for improved imaging and optical sensing solutions in healthcare vertical, and the suitable physical properties of optoelectronic sensors to operate in harsh environments.

The optoelectronic components market in North America is projected to grow at the highest CAGR during the forecast period. The US, Canada, and Mexico are the major contributors to the growth of the market in North America.

North America is one of the most technologically advanced markets for optoelectronic components owing to the presence of prominent system suppliers, large semiconductor companies, LED, laser, and sensor manufacturers in the region.

Key players operating in the optoelectronic components market include:

Hamamatsu (Japan),
Osram (Germany),
TT Electronics (UK),
Vishay (US),
ON Semiconductor (US),
Cree (US), and so on..

Other major companies focus on organic and inorganic growth strategies such as product launches and developments, mergers and acquisitions, agreements, contracts, partnerships, collaborations, and expansions to increase their revenue.

Related Reports:

Optoelectronic Components Market by Component (Sensor, LED, Laser Diode, and Infrared Components), Application (Measurement, Lighting, Communications, and Security & Surveillance), Material, Vertical, and Region - Global Forecast to 2025

About MarketsandMarkets™

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062

Pages

Monday 25 July 2022

Recent Developments in SCADA Industry

Friday 22 July 2022

Recent Developments in the Global Digital Signage Market

Monday 18 July 2022

Tuesday 12 July 2022

Monday 11 July 2022

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