Tuesday 30 July 2019

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.

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.


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).

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:
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MarketsandMarkets™ INC.
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Fluid Handling System Market worth 73.28 Billion USD by 2023

According to the new market research report "Fluid Handling System Market by Pumps (Centrifugal and Positive Displacement), Control Valves (Rotary and Linear), Flow Meters (Magnetic, Coriolis, Differential Pressure, Ultrasonic), Industry, and Geography - Global Forecast to 2023", the fluid handling system market is projected to be valued at USD 73.28 Billion by 2023, growing at a CAGR of 4.8% between 2017 and 2023. Factors driving the growth of the market include the increasing demand for different types of pumps in the oil and gas industry, high demand for advanced systems in the chemical and wastewater management industry, and increased focus on plant automation.

Fluid handling system market for control valves expected to grow at the highest CAGR between 2017 and 2023

The growth of the control valves market can be attributed to the increasing need for wireless infrastructure to maintain/monitor equipment in various plants, revenue shift in the industry, rising demand for control valves for oil and gas and subsea applications, increased focus on automation, rising number of new nuclear plants, and enhancement of existing plants.

Pumps projected to hold the largest share of the market during the forecast period

Pumps are used across a wide range of industries such as water and wastewater, chemicals, energy and power, oil and gas, and building and construction. Thus, the increasing investment in these industries in developed as well as developing nations, in turn, increases the demand for pumps. In the global pump market, advanced intelligent pump technologies are increasingly being adopted to improve the efficiency of the pumping operation.

Market for building and construction industry to grow at the highest CAGR between 2017 and 2023

Commercial buildings and construction sites are surrounded by several types of fluids and gases through their lines to maintain the smooth operation of HVAC, fire protection, and water and wastewater management. Fluid handling systems ensure the proper flow and control of fluids in the building and construction industry. The increasing adoption of building automation systems, such as HVAC systems and fire safety systems, is expected to drive the growth of the fluid handling system market in this industry.

APAC to hold the largest share of the fluid handling system market during the forecast period

The robust presence of local and regional fluid handling system manufacturers encourages the growth of the fluid handling system market in APAC. Further, the rising demand for efficient and accurate measurement devices, increasing number of industrial infrastructural activities, and high demand for fluid handling systems in the chemicals and water and wastewater industries fuel the growth of the fluid handling system market in APAC.


Alfa Laval AB (Sweden), Colfax Corporation (US), Crane Co. (US), Flowserve Corporation (US), and Graco Inc. (US) are among the leading players in the fluid handling system market. Other key players in the fluid handling system market include Bürkert GmbH & Co. KG (Germany), Dover Corporation (US), INDEX Corporation (US), Ingersoll-Rand plc (Ireland), and SPX Flow, Inc. (US).


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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MarketsandMarkets™ INC.
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Smart Worker Market worth 4.40 Billion USD by 2023

According to the new research report "Smart Worker Market by Offering (Hardware, Software, Service), Connectivity Type (BLE/Bluetooth, LPWAN, WFAN), Industry (Manufacturing, Oil & Gas, Construction, Power & Utilities, Mining), and Geography - Global Forecast to 2023" The market is expected to be valued at USD 1.87 Billion in 2018 and is likely to reach USD 4.40 Billion by 2023, at a CAGR of 18.69% between 2018 and 2023. Stringency in occupational health and safety regulations across the world, along with the growing adoption of industrial IoT, is contributing to the growth of the smart worker market.

Hardware segment to hold largest size of smart worker market by 2023

The hardware segment is expected to dominate the smart worker market during the forecast period. Smart worker solutions consist of several high-priced hardware and live line tools, such as protective textile equipment, head protection equipment, eyewear and hearing protection devices. These tools, being highly important to send and receive data, need to be deployed initially in the smart worker solution implementation stage.

Smart worker market for oil & gas to grow at highest CAGR between 2018 and 2023

Among all industries, the smart worker market for the oil & gas industry is likely to grow at the highest CAGR during the forecast period. The use of IoT-enabled smart worker solutions help oil and gas companies to monitor workers’ health and improve their safety in hazardous environments.

North America held largest share of smart worker market in 2017

North America held the largest share of the smart worker market in 2017. There is a need to reduce the operational cost in industrial facilities owing to the growing price war in this region. The rising demand in the manufacturing, oil & gas, and power & utilities industries to improve the worker performance and safety and reduce the overall operational costs. This is the key factor for a large market share of this region in the smart worker market.


The report profiles the key players in the smart worker market. The competitive landscape of the market presents an interesting picture of the strategies adopted by these players to grow in the market. Some key players in this market are Honeywell (US), DAQRI (US), Fujitsu (Japan), Accenture (Republic of Ireland), Vandrico (Canada), Intellinium (France), Avnet (US), 3M (US), Oracle (US), Zebra Technologies (US), Parsable (US), Rice Electronics (US), Softweb Solutions (US), Recon Instruments (Canada), Wearable Technologies Limited (UK), Corvex Connected Safety (US), ProGlove (Germany), Smart Track (Italy), hIOTron (India), and Solution Analysts (India).

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.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
newsletter@marketsandmarkets.com

Thursday 25 July 2019

Interactive Whiteboard Market worth 5.16 Billion USD by 2023 growing with a CAGR of 3.69%

According to the new market research report "Interactive Whiteboard Market by Screen Size (Up to 69", 70"-90", Above 90"), Technology (Infrared, Resistive, Capacitive, Electromagnetic), End User (Education, Corporate, and Government), and Geography - Global Forecast to 2023", The interactive whiteboard (IWB) market is estimated to grow from USD 4.31 Billion in 2018 to USD 5.16 Billion by 2023, at a CAGR of 3.69% between 2018 and 2023. The trend of gamification in education and corporate sectors, adoption of e-learning and digital classroom solutions, and increased funding from different governments to incorporate IWBs for various end users are the major driving factors for market growth.

Interactive whiteboards having a screen size between 70” and 90” is expected to hold a larger share of the interactive whiteboard market by 2023

IWBs with a display screen size ranging from 70–90” are expected to lead the IWB market, in terms of size, between 2018 and 2023. The demand for IWBs with a display screen size ranging from 70” to 90” is largely driven by educational institutes and government and corporate offices wherein they are essentially used to conduct training sessions and business meetings. Classroom teaching usually involves a group of students (an average of 30 students in a class), and IWBs with a screen size of 70–90” are found to be the most suitable to make the content (notes from the teacher or content from a textbook) visible to the entire class.

Infrared technology is expected to hold the largest share of the interactive whiteboard market by 2023

IWBs based on infrared technology are durable and easier to operate compared to capacitive or resistive technologies. Another major driver for the growing adoption of infrared technology is the widespread use of Digital Vision Touch (DViT) technology. DViT technology uses infrared technology as a base and adds multi-touch features to IWBs. Infrared IWBs are mainly installed in classrooms, corporate boardrooms, and training or activity rooms in organizations.

Education sector is expected to hold the largest share of the interactive whiteboard market by 2023

The increasing demand for e-learning and interactive learning solutions is a major factor driving the growth of the IWB market globally. Hence, governments across regions are increasingly funding interactive learning models for schools to promote the interactive learning method. Also, the frequent adoption of new technologies in designing IWBs and introduction of e-learning solutions are other major factors driving the demand for interactive whiteboards in the education sector.


APAC expected to hold the largest share of the interactive whiteboard market by 2023

APAC is expected to be the fastest-growing market for interactive whiteboards during the forecast period. The interactive whiteboard market has enormous growth potential in APAC, and this product is likely to be accepted by consumers as an integral part of a digitalized classroom. The high growth can be attributed to the increased investments by the government in the education sector and the presence of some key manufacturers such as Samsung, LG Display, Sharp Corporation, and Panasonic in the APAC region.

Some major companies in the IWB market include Foxconn (Taiwan), Hitachi (Japan), Samsung Display (South Korea), LG Display (South Korea), Panasonic (Japan), NEC (Japan), Ricoh (Japan), Google (US), Cisco (US), Microsoft (US).

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.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
newsletter@marketsandmarkets.com

Data Center Switch Market worth 17.69 Billion USD by 2023 with a growing CAGR of 4.92%

According to the new research report "Data Center Switch Market by Type (Core, Distribution, and Access), Technology (Ethernet, Fiber Channel, and InfiniBand), End User (Enterprise, Telecom, Government, and Cloud), Bandwidth, and Geography - Global Forecast to 2023", the data center switch market is expected to grow from USD 13.91 in 2018 to USD 17.69 Billion by 2023, at a CAGR of 4.92% between 2018 and 2023.

The growth of this market is mainly driven by the need for simplified data center management and automation, high demand for cloud services, and surge in the internet multimedia content and web applications.

Market for access switches is expected to account for the largest size in 2017

The large market size of access data center switches is mainly attributed to a wide network connectivity offered by these switches to distribution layers as well as different end users. Access switches need more number of ports to move the data from one network to another so that the load can be balanced. Thus, these switches ensure connectivity between servers and networks.

Market for InfiniBand data center switches is expected to grow at the highest CAGR during the forecast period

The highest growth rate of InfiniBand switches is largely because of the high-bandwidth solution for each port under a competitive price that InfiniBand switches offer. To reduce the cost of data center switches and to meet the requirements for high bandwidth, low-latency computing, and storage and management over a single fabric, many customers from different industries look forward to adopt InfiniBand switches. However, there are only a few companies involved in the development of this technology as of now. Therefore, the market size for InfiniBand switch systems is small but is expected to grow at the highest CAGR in the next few years.

>1 Gbps to <10 Gbps bandwidth switches expected to hold the largest market size in 2017

>1 Gbps to <10 Gbps switches are widely adopted. In data centers, all types, namely, access, distribution, and core switches are available with >1 Gbps to <10 Gbps of bandwidth. There has been increasing adoption of >1 Gbps to <10 Gbps switches for the optimum network development. Also, 10 Gbps switches offer high scalability and ensure the smooth and cost-effective transition to a higher bandwidth for network expansion.

North America to account for the largest share of the data center switch market in 2017

The market in the US is expected to experience a greater traction as a significant number of organizations are likely to opt for cloud services to save their upfront cost of building new data centers for business continuity. Also, the US is the home for global cloud service providers and data center infrastructure service providers such as Amazon Web Services (US) and Microsoft (US). Moreover, the leading companies in data center switch market that generate more than half of the revenue are based in the US.


Cisco (US), Arista Networks (US), Huawei (China), HPE (US), and Juniper Networks (US) are the major players included in the report with market share analysis. The report also covers various major contributors involved in the data center switch market. NEC (Japan), Lenovo (China), Mellanox Technologies (US), Extreme Networks (US), Fortinet (US), ZTE (China), D-Link (Taiwan), Silicom (Israel), QCT (Taiwan), Dell (US) are a few major companies in the data center switch market. Also, Bay Microsystems (US), Cumulus Networks (US), Edgecore Networks (Taiwan), Centec Networks (China), and H3C Technologies (China) are a few key contributors in the market.

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.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
newsletter@marketsandmarkets.com

Smart Glass Market worth 8.35 Billion USD by 2023 with a growing CAGR of 16.61%

According to the new research report "Smart Glass Market by Technology (Suspended Particle Display, Electrochromic, Liquid Crystal, Photochromic, Thermochromic), Application (Architecture, Transportation, Consumer Electronics), and Geography - Global Forecast to 2023", the smart glass market is expected to reach USD 8.35 Billion by 2023 from USD 3.32 Billion by 2017, at a CAGR of 16.61% between 2017 and 2023. The growth of this market is mainly driven by factors such growing demand for smart glass in automobile applications, strong government support through mandates and legislations for energy-efficient construction, and optimal energy saving through smart glass applications.

Electrochromic technology expected to hold largest share of smart glass market by 2023

Electrochromic technology is expected to hold the largest share of the smart glass market based on technology by 2023; the growth of the market for this technology attributed to a shorter switching time exhibited by this glass to switch from clear to dark state and increasing investments in this technology from the smart glass industry players. The automotive industry is a vital application area for electrochromic glass.

Smart glass market for architecture expected to grow at highest CAGR between 2017 and 2023

The smart glass market for the architecture application is expected to grow at the highest CAGR between 2017 and 2023. It offers energy-efficiency and improved aesthetics in these applications. Use of smart glass in various architecture applications increases the aesthetic value of a building and reduces the heating, cooling, and lighting costs significantly. In the architecture application, the smart glasses are used in doors, partitions, windows, skylights, and elevators. Various establishments in the architecture application using smart glass in their designs include residential buildings, schools and colleges, hospitals, corporate offices, and retail buildings including malls, outlets, and supermarkets and hypermarkets.

Europe expected to dominate smart glass market during the forecast period

The smart glass market in Europe is expected to grow at the highest CAGR during the forecast period. Europe consists of a number of developed countries such as Belgium, France, Germany, Italy, and the UK. This region derives its revenues from the tourism, industry, and manufacturing businesses, among others. The hospitality and automotive manufacturing sectors in this region have grown tremendously due to supportive government policies over the past few decades. The government initiatives for green buildings and energy harvesting have contributed to the rise in the popularity of smart glasses. As a result, Europe holds a significant share of the overall smart glass market.


The key players in the market include SAGE Electrochromics, Research Frontiers, View, Inc., Asahi Glass Co., Gentex, Hitachi Chemical, Glass Apps, Pleotint, Polytronix, RavenWindow, Scienstry, Smartglass International, and SPD Control Systems. The key players in this market are increasingly undertaking the strategies of partnerships and collaborations, and product developments and launches to develop and introduce new technologies and products to the market.

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.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
newsletter@marketsandmarkets.com

Monday 22 July 2019

Process Automation & Instrumentation Market worth $95.5 billion by 2024

According to the new market research report, "Process Automation & Instrumentation Market by Instrument (Field Instrument, Control Valve, Analytical Instrument), Solution (APC, DCS, HMI, MES, PLC, Safety Automation, SCADA), Industry, and Geography - Global Forecast to 2024," the process automation and instrumentation market is expected to be valued at USD 71.4 billion in 2019 and is projected to reach USD 95.5 billion by 2024, at a CAGR of 6.0%. The factors that are driving the growth of the market include the increasing importance of optimized operating costs and production efficiency, adoption of digital technologies such as IIoT, increased adoption of industrial automation and process control, and optimum utilization of resources to eliminate human intervention.
“MES segment to grow at highest CAGR in global process automation and instrumentation market“
The manufacturing execution system (MES) helps improve productivity, reduce cycle time, and eliminate human dependency for processing data. MES applications provide cost savings and opportunities in operations, and help deliver high performance of production assets across the supply chain. MES provides information that helps manufacturers understand about the current conditions of a plant floor, which can be optimized to improve production output. MES works in real time to enable the control of multiple elements of the complex production process, e.g., personnel, inputs, machines, and support services.
“Control valves segment to grow at highest CAGR in global process automation and instrumentation market”
The requirement of control valves by the industries for ensuring precise flow control, enabling automatic operation, reduced wastage of resources are the factors driving the control valves segment. The increased use of control valves in oil & gas and growing government initiatives pertaining to flow control projects such as gas pipelines and water distribution is positively impacting the growth of control valves.
“Oil & gas and energy & power continued to be the major markets from 2019 to 2024”
Huge demand for electricity, changing requirements of customers to overcome power generation and distribution losses, increasing need for cleaner and smarter energy are the factors driving the market players of energy & power to adopt process automation and instrumentation solutions. On the other hand, huge delopment across the value chain of the oil & gas industry in past decade due to growing energy requirement helps oil & gas industry to become major industry for process automation.
“APAC to be the fastest-growing market for process automation and instrumentation from 2019 to 2024”
The market in APAC is expected to grow at the highest CAGR during the forecast period. The growth of the market during the forecast period is expected due to rising infrastructural investments in energy & power owing to the increase in the demand for electricity and policy makers’ pushing for better power reliability; increasing demand for oil & gas and food & beverages to satisfy the growing needs of the large population, rapid industrialization, and consistent growth in industrial activities in the Pacific region, along with favorable government policies. The process automation and instrumentation market for the pharmaceuticals industry in APAC is growing due to low-cost factors and changing regulatory environment.
Major players included in the process automation and instrumentation market are ABB (Switzerland), Siemens (Germany), Emerson Electric (US), Schneider Electric (France), and Honeywell International (US). The other key players in this market include companies such as General Electric (US), Mitsubishi Electric (Japan), Rockwell Automation (US), Endress+Hauser (Switzerland), Yokogawa Electric (Japan), and HollySys (China).
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.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
newsletter@marketsandmarkets.com

Acoustic Camera Market worth $159 million by 2024

According to the new market research report, “Acoustic Camera Market by Array Type (2D and 3D), Measurement Type (Far Field and Near Field), Application (Noise Source Identification, Leakage Detection), Industry (Automotive, Infrastructure), and Geography - Global Forecast to 2024”, the acoustic camera market is expected to grow from USD 128 million in 2019 to USD 159 million by 2024 growing at a CAGR of 4.4%. Major factors surging the demand for acoustic camera include the growing adoption of room and building acoustics, and emerging audio and video combined microphone and camera array technology.

Automotive to account for largest size of acoustic camera market from 2019 to 2024

Automotive is expected to be the key end-user industry for acoustic cameras. Automotive is growing rapidly due to upcoming technologies and new additions such as electric vehicles and autonomous cars. Testing of noise, vibration, and harshness has up-scaled with these new technologies. As a result, the demand for acoustic cameras is increasing in automotive for buzz, squeak, and rattle (BSR) concerns in vehicles and production procedures.

Noise source identification and leakage detection applications to boost demand for acoustic cameras during forecast period

Noise source identification application is expected to hold the largest share of the acoustic camera market during the forecast period. This growth is attributed to the increasing demand for noise source identification application from industries such as aerospace, automotive, infrastructure, and others. In addition, owing to the need for early detection to avoid adverse effects of leak, the demand for acoustic camera for leakage detection application is increasing.

Europe to hold largest share of acoustic camera market from 2019 to 2024

Europe (APAC) held the largest share of the overall acoustic camera market in 2018, and APAC is likely to exhibit the highest CAGR during the forecast period. Major factors driving the growth of the acoustic camera market in Europe is due to the European government’s focus to reduce environmental noise and its exposure levels with regard to humans. The European Commission (EC) has proposed legislation to reduce the noise produced by commercial and heavy vehicles, thereby reducing noise level by ~25%.


gfai tech GmbH (Germany), BRÜEL & KJÆR (Denmark), CAE Software and Systems GmbH (Germany), Siemens PLM Software (US), Signal Interface Group (US), and Norsonic AS (Norway) are among a few major players in the acoustic camera market.

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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FPGA Market worth $11.0 billion by 2025 with a growing CAGR of 8.0%

According to the new market research report "FPGA Market by Technology (SRAM, Flash, Antifuse), Node Size (Less Than 28 nm, 28–90 nm, More Than 90 nm), Configuration (Low-End FPGA, Mid-Range FPGA, High-End FPGA), Vertical (Telecommunications, Automotive), and Geography - Global Forecast to 2025", the FPGA market was valued at USD 6.4 billion in 2018 and is expected to reach USD 11.0 billion by 2025, at a CAGR of 8.0% between 2019 and 2025. Major drivers for the market growth are growth of IoT, growing adoption of FPGAs by various industries, growing demand for advanced driver-assistance systems (ADAS), and reduction in time-to-market. The major factor restraining the growth of the market is inability of FPGAs to substitute application-specific integrated circuit (ASIC).

Low-end FPGA expected to hold the largest size of the market, on the basis device, during the forecast period

Low-end FPGAs are designed for low-power consumption as well as low logic density and complexity per chip. The low-end FPGAs are used in automotive, consumer, display, industrial, military, video and image processing, and wireless application areas. The low-end FPGA built on the 28 nm process technology provides the lowest system cost and power with a performance level high enough to replace high-end FPGAs in several applications.

SRAM-based FPGAs expected to hold the largest size of the market, on the basis technology, during the forecast period

The main advantage of SRAM programming technology is that it is easily reconfigurable. SRAM cells can be configured according to the requirement, which, in turn, help evaluate any new design by implementing and testing it in accordance with the existing standards. SRAM-based FPGA devices constitute the leading technology that benefits vendors as major companies are investing in R&D for the development of FPGAs.

Telecommunications expected to hold the largest size of the market, on the basis of vertical, during forecast period

Telecommunication industry is expected to hold the largest share for FPGA market because of its growing usage in networking and telecom systems. Over the last several years, the role of FPGAs in networking and telecom systems development has extended beyond bridging logic between various components on IC board as they have been pushed to advanced technology nodes from 65 nm, 40 nm to 20 nm, and 14 nm.


Market for less than 28 nm node size expected to grow at the highest CAGR between 2019 and 2025

Semiconductor manufacturers prefer small node sizes as they have several benefits. For instance, owing to the reduction in cost per transistor, more number of transistors can be fitted on a 300-mm wafer, thereby enhancing the performance. The node size at 28 nm and less provides features such as adaptive logic modules, transceivers, design security, and remote system upgrades. The FPGA market for less than 28 nm node size is expected to grow at the highest CAGR of 9.2% during the forecast period.

Market in APAC anticipated to grow at the highest CAGR between 2019 and 2025

Telecommunications, industrial, automotive, consumer electronics, and computing are the major sectors that would drive the market growth of FPGAs in APAC. China is one of the most important countries in the FPGA market. A wide adoption of 3G and LTE technology along with increased wireless connectivity are some of the factors driving the growth of the FPGA market in the telecom segment. Vehicle networking and connectivity, automotive infotainment, and EVs are some application areas of FPGAs in the automotive sector. The FPGA market in APAC is expected to grow at the highest CAGR of 9.1% during the forecast period.

Some of the major players in the market include Xilinx (US), Intel (US), Lattice Semiconductor (US), Microsemi (US), QuickLogic (US), TSMC (Taiwan), Microchip (US), United Microelectronics (Taiwan), GLOBALFOUNDRIES (US), Achronix (US), and S2C Inc. (US).

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.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
newsletter@marketsandmarkets.com