The global Automotive Semiconductors Market is set on a steady growth track following the triple connectivity trends of vehicular automation, connectivity, and electrification. The areas of automotive electronics, powertrain, safety, communication electronics, and driver assistance are expected to witness elevated demand over the forecast period. Automotive semiconductors are expected to be the focal elements for vehicle manufacturers to differentiate their product and augment overall proficiency and vehicle performance. Achieving sophisticated performance levels and improved operating efficacies from the automobile has been the sole motive of automotive semiconductor technology. Semiconductor usage in automotive sector is developing predominantly owing to emissions legislations and rules, which dictate emissions extenuation in the engine and in exhaust after-treatment systems that need advance sensors for their operations.
The automotive semiconductors market is scattering in dynamic environs to virtually embrace every automated collaboration system in a vehicle. The automotive semiconductors application areas are foreseen to refurbish the mode of maneuvering sophisticated automotive processes. One of the key factors contributing to the growth of automotive semiconductors industry is surging emphasis on adoption of environment-friendly alternative fuel vehicles such as hybrid electric automobiles. Surging demand for automotive infotainment systems is expected to drive the demand of market under focus. Firm enhancements in chassis & safety features along with powertrain & convenience facilities are anticipated to derive the demand of semiconductor equipment in automobiles. Furthermore, surging emphasis on green technology, policies imposing greater perilous safety arrangements in cars such as lane departure warning, airbags, agile automotive proposals for more efficacy, directives for efficient route-finding, and communication systems are foreseen to drive automotive semiconductors market.
High initial financial investment to acquire sophisticated systems in the automobile, certain degree of sound technical expertise, high component replacement costs, and automobile maintenance are expected to emerge as major restraints to hinder the automotive semiconductors industry over next seven years.
The global automotive semiconductor market is foreseen to prosper owing to the growing use of navigation and infotainment equipment in automobiles.
The reduced profit margin triggered by pricing pressures, decreased demand for eight-bit and 16-bit micro-controller chips, selective demand for semiconductor with integrated functionality, and coordination with work procedures of automotive manufacturers are foreseen to hamper the automotive semiconductors market growth over the forecast period.
The automotive semiconductors market can be segregated on the basis of applications into powertrains, chassis control & body electronics, driver assistance systems, infotainment systems, and aftermarket locomotive semiconductor paraphernalia. Based on product type, the automotive semiconductors market can be segmented into discretes, optoelectronics, sensors, analog devices, logic devices, microcontrollers, microchips & memory, and Digital Signal Processors (DSPs).
The automotive semiconductors market is anticipated to witness a high growth as the technology initiates integration with multiple automotive control systems and adjacent arcades. The automotive semiconductors industry is expected to grow by striving to mend liquidity by plummeting fundamental costs in response to tighter credit situations.
The North American and the European markets are anticipated to report substantial growth in the automotive semiconductor applications industry due to increasing government concerns regarding public safety & security along with environmental safety. The Middle East and African markets would mature over the forecast period following a shift in focus towards energy-efficient mode of transport. Asia Pacific and China regions are expected to witness market traction rate at a normal distribution growth rate in terms of revenue owing to limited adoptability of sophisticated automobiles by these markets.
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The global Tunable Lasers Market is expected to witness significant growth over the forecast period owing to increasing network traffic and surging bandwidth demand. This may be attributed to growing market trends such as cloud computing, Voice over Internet Protocol (VoIP), Voice On Demand (VOD) and data centers. Tunable lasers ease addition or deletion of bandwidth by remote control, thereby encouraging varied on-demand services, further fueling tunable lasers market growth.
High smartphone penetration and social networking has created huge requirement for network capacity, which is further anticipated to spur the need to meet network expansion demand through usage of tunable lasers. Surging manufacturers’ need for transmitters in metro networking markets are expected to increase tunable lasers demand in the near future. Further, invaluable factors such as flexible tuning options, cost control, competitive advantage, and implementation speed for metro network carriers are anticipated to fuel tunable laser market demand extensively.
Highly lucrative opportunity in fiber optic components market including tunable lasers is expected to propel tunable laser market demand owing to increase in capacity through dynamic configurability. The global tunable lasers market is expected to develop and expand over the next few years owing to factors such as continuous technology innovation, decelerating product prices, player consolidations, and intense competition. Surging demand across diverse range of applications such as photochemistry, spectroscopy, optical communications, and atomic vapor laser isotope separation is a key force that is expected to drive global tunable lasers market growth.
A tunable laser’s wavelength of operation can be altered in a controlled manner serving wide range of applications. Tuning is possible over a few hundreds of nanometers, when coupled with the right filter. It can be used for basic absorption and photoluminescence study. Further, it helps in mapping External Quantum Efficiency (EQE) of a device by adapting to solar cells characterization. The tunable lasers market is apprehended to witness significant growth in the next few years owing to aforementioned benefits.
Widespread usage of tunable lasers in photobiology, hyper spectral imaging, detector calibration, and spectroscopy (reflection & transmission) further fuels tunable lasers market demand. Extensive application of tunable lasers in medical segments including therapeutic and diagnostic applications is expected to drive the tunable laser market significantly. Further, upsurge in demand for laser-based facial and skin rejuvenation treatments is expected to accelerate demand for CO2 lasers, which in turn drives the tunable laser market growth. Additionally, advancement in chemistry and nanotechnology inflates applications of optics in medical sector, which further pushes the boundaries for tunable lasers. Tunable lasers market demand is foreseen to surge due to its usage in hyper spectral imaging development to facilitate early retinal disease detection.
However, despite inherent applications and benefits, the tunable lasers market may be hampered by costs, reliability, and supply guarantees. Additionally, weak performance of earlier predecessors may pose a major threat to this market. Network providers are thus finding opportunities to deliver highly reliable and performable tunable laser solutions with prices not more than fixed wavelength lasers.
Tunable lasers widely used are categorized as gas, liquid, and solid and used as per their applications. The different types of tunable lasers widely used across medical and allied sectors are excimer lasers, dye lasers, CO2 lasers, transition metal solid-state lasers, free electron lasers, semiconductor crystal, and diode lasers.
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The Semiconductor IP Market is poised for high growth over the forecast period owing to the need for improving business processes and organizational productivity. Increased adoption of multi-core technology, coupled with growing design complexity in semiconductor ICs and System on Chip (SoC) is expected to drive the semiconductor IP market. Market participants actively outsource the IP design and development activities that are not core to their product differentiation. Growing trend towards adopting the services of third-party IP vendors and increased IP blocks’ licensing by industry participants are expected to play a pivotal role in the semiconductor IP industry growth.
Semiconductor IP cores are used in diverse application segments such as networking technologies, telecom infrastructure, mobiles & tablets, and computer & peripherals to save crucial design time and expenditure. In addition, these IP cores have penetrated into new application sectors including medical, industrial, defense, automotive, and aerospace to address increasing dependency on sophisticated and complex electronic systems. IP is critical in improving design productivity for advanced level design processes and thereby has considerable potential in the semiconductor market.
North America and Europe are expected to emerge as key revenue generating regions. Asia Pacific is expected to witness high growth, which can be attributed to increased electronics and semiconductor manufacturing in the region.
Proliferation of mobiles and tablets is expected to open up new growth opportunities for the semiconductor IP industry on account of growing demand for dual-core and quad-core processors . The advent of octa-core processors for smart phones is expected to offer new avenues for the global semiconductor IP market.
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The Global Compressed Air Treatment Equipment Market is expected to reach USD 8.59 billion by 2020, according to a new study by Grand View Research, Inc. Surging demand for compressed air treatment equipment across a vast array of applications is expected to drive market growth over the forecast period. Compressed air systems are used by a large percentage of manufacturers on a global scale, which has necessitated treatment equipment installation so as to meet air quality standards suited for the target applications, and is also expected to spur market growth over the forecast period.
Several regulatory mandates and standards have been formulated to support production and utilization of clean air, which is expected to significantly contribute to the industry growth. However, delivering compressed air to manufacturing facilities requires equipment that is expensive, needs frequent maintenance and consumes significant amount of energy, which may pose a challenge to compressed air treatment equipment market growth over the forecast period. Technological proliferation and development of more energy efficient equipment across several applications provides avenues for market growth.
Further key findings from the study suggest:
- Dryers emerged as the most dominant product segment in 2013, and accounted for over 40% of the compressed air treatment equipment market in the same year. Dryers form a crucial component any compressed air equipment as they help remove moisture or water droplets effectively. Adsorber filters are also expected to witness significant growth over the next few years, which can be attributed its ability to easily remove any chemicals or gases within the compressed air.
- Process air is expected to remain a sizable application segment over the forecast period. This can be primarily attributed to the increased demand of compressed air treatment equipment across the food & beverage and pharmaceutical industry that require clean, oil-free, dry and sterile compressed air.
- North America emerged as the largest regional market in 2013, closely followed by Asia Pacific. North America accounted for over 30% of the global compressed air treatment equipment market in the same year. Presence of several manufacturing facilities is expected to fuel the regional market growth over the next six years.
- Key market players include Donaldson Company Inc, Atlas Copco Corp, Ingersoll-Rand, Gardner Denver Inc, Van Air Inc., Kaeser Compressors and Parker Hannifin Manufacturing Limited. Development of technologically advanced and cost-effective compressed air treatment equipment is expected to be a critical success factor for companies operating in this market.
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The global Wafer Cleaning Equipment Market is expected to grow at a CAGR over 15.0% over the forecast period. Components such as MEMS, PCBs, memory devices, ICs, and semiconductor wafers are the basic building blocks of any electronic device. The performance of the electronic device mainly depends on the performance of separate components. Moreover, as these components are relatively small, impurities affect their reliability and performance in a great way. Microelectronics cleaning plays an essential role in the efficient working of any electronic device which is expected to augment growth in demand from the semiconductor industry over the forecast period.
Wafer cleaning has become one of the most critical operations in the fabrication of semiconductor devices especially advanced ULSI silicon circuits. The preparation of ultraclean silicon surfaces by surface conditioning for the manufacturing of IC’s has undergone significant changes over the past years. The driving factors for these changes have been the ever increasing requirement for producing advanced silicon devices with improved performance, reliability, and cost. Understanding of surface contamination & defects and the role of particle adhesion, deposition, measurement, & removal is expected to propel advancement in technologies over the next few years, thus facilitating product utilization.
The significance of substrate surface cleaning in the fabrication process has been recognized since the beginning of solid state device technology. The occurrence of impurities and chemical contaminants profoundly affect the efficiency, performance, yield, and reliability of the semiconductor device, thus leading to increased utilization of microelectronic cleaning equipment in the industry.
Wafer cleaning allows removal of particle and chemical contamination from the surface of the semiconductor without causing any significant damage to the substrate layer. Numerous processes including plasma, dry-physical, wet-chemical, vapor phase and supercritical fluid methods are used to fulfill this objective, thus resulting in prevention of roughness, and corrosion on the surface. An extensive array of equipment is available for implementing various processes for integrated circuit manufacturing applications.
Microelectronics cleaning equipment are used to clean write/read heads of HD drives, printed circuit boards, photomasks, MEMS, silicon wafers, flat panel displays, and compound semiconductor device components. Integrated circuits fabrication industry is one of the primary users, wherein majority of the manufacturing processes require wafer cleaning.
Microelectronic cleaning requires various technologies to neutralize and remove the effect of contamination and defects on the components. It includes supercritical fluid, cryogenic aerosol, aqueous, dry, and wet chemical cleaning. These techniques can be used in equipment that process wafers in groups, called batch wafer, or individually, called single wafer cleaning.
The key drivers of the global wafer cleaning equipment market include growing demand for tablets and smartphones, shift to single-wafer processing, and growth in the semiconductor industry. The tremendous growth in the tablet and smartphone market has propelled the demand for semiconductor wafers, thus augmenting wafer cleaning equipment growth. The performance was driven integrated circuit market has enforced the evolution to single wafer processing, and this acts as an another significant driver.
Contamination on Surfaces exists as absorbed ions and elements, thin films, discrete particles, particulates, and absorbed gasses. Surface contaminant films and particles can be categorized as ionic materials, molecular compounds, and atomic species.
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The Global Automotive Relay Market is expected to reach USD 12.58 billion by 2020, according to a new study by Grand View Research, Inc. Electrical automotive parts have significantly diversified over the last five years which has consequently increased the number of switching relays from 20 to approximately 30 per vehicle. Variation in features required for each relay has also undergone considerable transition to address different specifications required for different applications.
Regulatory boards worldwide, for instance The National Highway Traffic Safety Administration in the U.S., have mandated installation of certain safety equipment in automobiles to curb fatalities resulting from road accidents. Additional relays needed for switching safety devices is expected to favorably impact automotive relay market growth.
Lack of standardization in the automotive industry, particularly in developing countries is expected to pose a challenge to market growth. However, efforts have been taken on a global scale to standardize the automotive industry, owing to which the market is not expected to be impacted in the long run.
Further key findings from the study suggest:
- Global automotive relay demand was estimated to be 2.62 billion units in 2013 and is expected to reach 3.69 billion units by 2020, growing at a CAGR of 5.1% from 2014 to 2020.
- Increased emphasis on automobile weight reduction to enhance fuel efficiency has driven PCB automotive relays demand owing to their growing miniaturization and improved current handling capabilities. PCB relays accounted for over 70% of the global shipments. Conventional plug-in relays are still preferred in powertrain systems due to their inherent robustness and ability to withstand high temperatures, voltage fluctuations and vibrations.
- Convenience applications accounted for over 30% of the market volume in 2013. Growing emphasis on in-vehicle entertainment and comfort systems has triggered the use of relays for switching these devices. Installation of safety & security systems is expected to witness high growth over the forecast period owing to increased government regulation pertaining to vehicular safety, which in-turn is expected to drive relay installations. Use of relays in driver information systems is expected to increase significantly over the forecast period.
- Transformation of Asia Pacific into an automobile manufacturing hub has driven the automotive relay market in this region, which contributed to a considerable percentage of global shipments in 2013. The North American market is expected to witness steady growth over the forecast period.
- PCB relay manufacturers have tapped new potential markets and launched new product lines in order to diversify. Growing number of strategic alliances and mergers & acquisitions for gaining competitive advantage has been a highlight of the automotive relay industry.
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The global Power Transformer Market size is expected to reach USD 28.22 billion by 2020, according to a new report by Grand View Research, Inc. Emerging technological advancements along with rising electricity consumption are projected to elevate industry growth over the next five years. Huge investment in power plant infrastructure coupled with increasing demand for smart meters is projected to positively impact demand. Further, several government initiatives for modernizing the existing grids combined with installation of technologically advanced systems is anticipated to drive power transformer market growth.
Increasing awareness regarding low carbon emission due to service expansions in resource-based industries is anticipated to offer prominent growth opportunities for the industry. Advanced features offered by eco-friendly devices are projected to replace traditional transformers, which are not compatible with current technical and environmental requirements. However, pricing pressure on manufacturing companies coupled with fluctuating raw material prices are expected to hamper growth.
The power transformer market can be classified on the basis of products into 100 MVA to 500 MVA, 501 MVA to 800 MVA, and 801 MVA to 1200 MVA. Increased usage of 100 MVA to 500 MVA products in transmission and distribution network for step-up and step-down application is expected to drive global demand. High capacity product demand in the Middle East and Asia Pacific is estimated to drive revenue.
Asia Pacific is expected to dominate the industry owing to factors such as economic, industrial and social development in the countries such as China and India. Asia Pacific power transformer market is anticipated to grow at a CAGR of over 6.0% from 2014 to 2020. Replacement of aging power infrastructure in North America and Europe is estimated to boost volume sales in these regions. Further, various initiatives undertaken by European nations in order to deploy green transformers are projected to positively impact demand.
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