Friday, 23 July 2021

What are the drivers and opportunities for the photoelectric sensor market?

 

Factors such as extensive use of photoelectric sensors in different industries, increased adoption of retroreflective photoelectric sensors in various applications, and surged adoption of industrial robots across several regions are the major factors driving the growth of the photoelectric sensor market. Moreover, increasing demand for photoelectric sensors for packaging applications from food and beverages industry serves as a major opportunity in this market.

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Who are the major consumers of photoelectric sensors that are expected to drive the growth of the market in the next 5 years?

The major consumers for photoelectric sensor solutions are the industrial manufacturing, consumer electronics, packaging, and building automation applications are expected to have a significant share in this market. .

What are the opportunities for new market entrants?

There are significant opportunities in the photoelectric sensor market for start-up companies. Emergence of smart photoelectric sensors, growing trend of miniaturization of sensors and ongoining industrial digitization are some of the key opportunities for new market entrants.

Which is the potential market for photoelectric sensors in terms of region?

The APAC region is expected to dominate the photoelectric sensor market due to the rising population, relaxed government initiatives and rising penetration of automobiles in countries in APAC are expected to further drive the market in the near future.

Which are the major companies in the photoelectric sensor market? What are their major strategies to strengthen their market presence?

The major companies in the image sneers market are – Omron Corporation (Japan), Keyence Corporation (Japan), SICK AG (Germany), Schneider Electric (France), and Rockwell Automation Inc. (US). The major strategies adopted by these players are product launches and developments and acquisitions.

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

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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Thursday, 22 July 2021

How big is the opportunity for the Laser Technology market?

 

The Laser technology market size is expected to grow from USD 11.7 billion in 2020 to USD 17.6 billion by 2025, at a CAGR of 8.6%. Focusing on healthcare vertical and optical communications application can help companies to grow in the Laser technology market.

Which are the recent industry trends that can be implemented to generate additional revenue streams?

Adoption of laser technology for quality check across various verticals and growing adoption of laser technology for optical communications application are some of the major industry trends in this Laser technology market.

Who are the major players operating in the Laser technology detection market? Which companies are the front runners?

Coherent, IPG Photonics, Trumpf, Lumentum, Jenoptik, Novanta, Lumibird, Laser Star, Epilog Laser, Han’s Laser, MKS Instruments, Gravotech, 600 Group, Eurolasers, Bystronic Lasers, Toptica Photonics, Photonics Industries, Focuslight Technologies, Corning Incorporated, and Access Lasers are some of the major vendors in the market.

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What are the major applications of laser technology market?

Laser processing and Optical communications are maor applications of laser technology market.

How will the increasing adoption of laser technology across telecommunication segments impact the growth rate of the overall market?

Laser technology enables faster and secure data transmission while consuming a low amount of power. Lasers allow efficient and higher bandwidth communication. Laser technology is the most crucial aspect of the World Wide Web; without laser communication, one would not be able to download images, music, and video files quickly. .

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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Tuesday, 20 July 2021

Thin Wafer Market with COVID-19 impact analysis - Global Forecast to 2025

 

The global thin wafer market is estimated to be USD 10.8 billion by 2025 from USD 7.6 billion in 2020 (estimated year), at a CAGR of 7.2% between 2020 and 2025. The growth of the thin wafer market is fueled by rising adoption of MEMS technology in portable health monitoring devices, reducing sizes of electronic devices, growing smartphone and consumer electronics markets, and high amount of material saving. Moreover, growing demand for telecommunication systems owing to the increasing focus towards e-learning amid COVID-19 is expected to propel the thin wafer market.

COVID-19 Impact on the Global Thin Wafer Market

The thin wafer market includes major Tier 1 and 2 suppliers like Shin-Etsu Chemical Co., Ltd., SUMCO Corporation, Global Wafers Co., Ltd., Siltronic, and SK Siltron. These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, America, and RoW. Thin wafers supplied by these companies are used by end-use industries such as consumer electronics, automotive, industrial, medical and few others. Covid-19 not only impacted the operations of the thin wafer market players, but also affected the businesses of companies from the above-mentioned industries. A decline in demand for MEMS products from the automotive and consumer electronics industries is also expected. Also, consumers have reduced their spending on expensive products, such as premium smartphones, wearables, and smart home systems. Product features are being considered as a second priority, and basic functionalities are being preferred. All these factors are expected to negatively impact the thin wafer market.

300 mm wafers expected to grow at the highest CAGR during the forecast period

An exponential use of 300 mm wafers in LED applications due to the greater yield offered by these wafers is fueling the growth of the thin wafer market across the world. It has become highly essential for LED manufacturers to achieve economies of scale and improve profitability, which is offered by these wafers. Also, the increasing number of operational 300 mm wafer fabrication facilities is expected to create a significant rise in demand for 300 mm wafers.

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Wafer dicing technology to account for largest market share of the thin wafer market in 2019

Wafer dicing dominated the thin wafer market in 2019. The growth can be attributed to the increasing demand for high-speed dicing coupled with superior breakage strength. Also, the requirement for smaller, higher performing, and lower cost device configuration for use in applications such as memory devices, logic devices, power devices, and sensors is expected to contribute toward the growth of the wafer dicing equipment market during the forecast period.M.

Key Market Players

The thin wafer market is dominated by a few globally established players such as Shin-Etsu Chemical Co., Ltd. (Japan), SUMCO Corporation (Japan), GlobalWafers Co., Ltd. (Taiwan), Siltronic (Germany), and SK Siltron (South Korea).

 

 

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

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

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

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Sunday, 18 July 2021

Which type of Optical sorter are expected to drive the growth of the Optical sorter market in the next 5 years?

 

Cameras are expected to hold largest share of optical market during forecast period from 2020 to 2025. Camera-based optical sorters are more accurate and can detect minute defects in products; therefore, these optical sorters are preferred in various applications. Cameras are widely used in food sorting applications to sort vegetables and fruits, dried fruits and nuts, and cereals, grains, and pulses. Based on flexibility, monochromatic, bichromatic, and trichromatic cameras that have the capability to detect minute infractions in products, both within and outside of the visible light spectrum, are available in the market.

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Which are the major companies in the optical sorter market? What are their major strategies to strengthen their market presence?

TOMRA (Norway), Buhler (Switzerland), Key Technology (US), Binder+Co (Austria), Satake Corporation (Japan), Allgaier Werke (Germany), Hefei Meyer Optoelectrionic Technology (China), TAIHO (China), Daewon GSI (South Korea), Cimbria (Denmark), CP Global (US), GREEFA (Netherlands), National Recovery Technologies (US), NEWTEC (Denmark), Pellenc ST (France), Raytec Vision (Italy), Sesotec (Germany), and STEINERT (Germany) few major players in the optical sorter market. Most of the leading companies have used product launches as key strategy to boost their revenues.

Which is the best region to invest for this market?

The optical sorter market in APAC is expected to grow at the highest CAGR during the forecast period. In APAC, industries are focusing on automation to increase productivity and quality. Growing automation in the application areas of the market is also expected to create demand for optical sorters in this region. Other concerns supporting the adoption of automation in APAC countries include labor shortage and increasing labor costs.

Which application of Optical sorter is expected to hold the largest share during the forecast period?

The optical sorter market for food applications is expected to grow at the highest CAGR during the forecast period. The growing demand for high-quality food products within shorter delivery cycles and growing automation are major factors driving growth in the optical sorter market for food applications. Recycling forms the second-largest application segment in the optical sorter market. Optical sorter market for recycling application expected to grow at the second highest CAGR from 2020 to 2025. In recent years, many developed and developing countries have introduced specific recycling and environmental performance targets aimed at encouraging people to recycle waste. Optical sorters sort reusable materials by separating them from the waste stream and which can be used as raw materials for new products. In the recycling industry, the NIR type of optical sorters is extensively used to sort waste materials, such as mixed plastics (PET, PP, PVC, and others), mixed paper, glass, construction and demolition (C&D), and municipal solid waste (MSW) materials..

Which platform of Optical sorter will be in great demand during the forecast period?

The optical sorter market for belt platforms is expected to grow at the highest CAGR from 2020 to 2025. Belt sorting equipment is widely used in various applications such as food, recycling, and mining, as they provide higher sorting accuracy and a low carryover ratio. Belt sorting equipment has high-performance capabilities for fresh, frozen, and dried vegetables and fruits, processed potato products, and nuts. This process minimizes the risk of food contamination further down the line and leads to improved product quality. .

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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Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

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USA: 1-888-600-6441

Thursday, 15 July 2021

Data Center Accelerator Market by Processor Type, Type, Application | COVID-19 Impact Analysis | MarketsandMarkets

 

The global data center accelerator market size is projected to grow from USD 13.7 billion in 2021 to USD 65.3 billion by 2026; it is expected to grow at a CAGR of 36.7% from 2021 to 2026. Factors such as growing demand for deep learning and surge in demand for cloud-based services are driving the growth of the market during the forecast period.

COVID-19 Impact on the Global Data center accelerator market

Post COVID-19, the manufacturing sector is expected to scale up smart manufacturing processes using AI, IoT, and blockchain technologies. By adopting these technologies, companies can cut costs, increase process efficiency, and reduce human contact significantly. Currently, AI is being used for predictive maintenance and will further be implemented to forecast demand and returns in the supply chain.

COVID-19 has impacted the educational industries rather positively, with ed-tech companies adopting AI technology to impart education during the lockdown. Ed-tech firms have deployed AI tools to enhance online learning and virtual classroom experience for students. For instance, Coursera has launched an AI-powered tool called the CourseMatch that helps schools and universities identify courses on the platform that matches their curriculum. Furthermore, a personalized online tutorial company Squirrel AI uses AI-based adaptive learning to curate lessons for a student.

Several industries are worse hit by this pandemic, but some industries are benefiting from this pandemic. However, the adoption of AI is expected to grow. Therefore, we can say the COVID-19 will drive the data center accelerator market for certain industries.

COVID-19 has impacted the educational industries rather positively, with ed-tech companies adopting AI technology to impart education during the lockdown. Ed-tech firms have deployed AI tools to enhance online learning and virtual classroom experience for students. For instance, Coursera has launched an AI-powered tool called the CourseMatch that helps schools and universities identify courses on the platform that matches their curriculum. Furthermore, a personalized online tutorial company Squirrel AI uses AI-based adaptive learning to curate lessons for a student.

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Several industries are worse hit by this pandemic, but some industries are benefiting from this pandemic. However, the adoption of AI is expected to grow. Therefore, we can say the COVID-19 will drive the data center accelerator market for certain industries.

The data center accelerator market is dominated by a few globally established players such as Intel Corporation (US), Google. Inc (US), NVIDIA Corporation (US), Xilinx Inc. (US), IBM Corporation (US), Advanced Micro Devices, Inc (US), Marvell Technology (Hamilton), and Qualcomm Technology (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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Data Center Accelerator Market worth $65.3 billion by 2026

 

The report "Data Center Accelerator Market by Processor Type (CPU, GPU, FPGA, ASIC), Type (HPC Accelerator, Cloud Accelerator), Application (Deep Learning Training, Public Cloud Interface, Enterprise Interface), and Geography - Global Forecast to 2026", size is projected to grow from USD 13.7 billion in 2021 to USD 65.3 billion by 2026; it is expected to grow at a CAGR of 36.7% from 2021 to 2026.

The key factors contributing to the growth of the data center accelerator market include growth of cloud-based services, focus on parallel computing in AI data center and deep learning usage in big data analytics, However, The burgeoning application of AI in various sectors has enhanced consumer perception and expectations from AI technologies. However, the lack of availability of low-cost and energy-efficient hardware, especially computing hardware, is hindering the growth of dedicated AI hardware such as deep learning accelerators. Various AI technologies built to date have failed to make a larger impact in the AI market. For instance, owing to the high cost of data center accelerators such as NVIDIA Tesla products, a majority of data center manufacturers are reluctant about adopting those accelerators in their products. For cloud server inference applications, numerous FPGAs are being developed to perform tasks such as enhancing security and fast computing; however, technical constraints and the high cost of reliable mechanical devices are curbing data center accelerator adoption.

FPGA is likely to register high CAGR

The market for FPGA is growing at the highest CAGR of 43.1% during the forecast period. The growth of the market for FPGA is attributed to the increasing adoption of FPGAs for the acceleration of enterprise workloads. With the exponential data growth, data center operators have to establish a balance between the need for the performance at scale and the operational efficiencies. To boost performance and power efficiencies, data centers are most widely adopting Intel Xeon Scalable processors to support data-intensive performance requirements.

APAC exhibit the highest CAGR during the forecast period

The market based on geography has been segmented into 4 main regions: North America, Europe, APAC, and RoW. APAC is projected to grow at the highest CAGR of 42.7% during the forecast period. The growth of the market in APAC is attributed to the increasing demand for data centers in China, as organizations seek enhanced connectivity and scalable solutions for their growing businesses. Also, there is an increase in investments by the Government of China to stimulate technological development, which has led to the large adoption of cloud-based services, big data analytics, and the Internet of Things (IoT).

The data centers are likely to consume approximately one-fifth of global energy by the end of 2026.

The enormous growth in data generation due to IoT and AI has led to the demand for higher data processing capabilities at data centers while keeping a check on power efficiency, data cementer cooling requirements, and space used for data centers. The data centers are likely to consume approximately one-fifth of global energy by the end of 2026. Governments around the world are focusing on the means to reduce data center energy consumption. These initiatives are expected to boost parallel computing in data centers, which, in turn, would boost the data center accelerator market during the forecast period.

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The key players operating in the data center accelerator market are Intel Corporation (US), Google. Inc (US), NVIDIA Corporation (US), Xilinx Inc. (US), IBM Corporation (US), Advanced Micro Devices, Inc (US), Marvell Technology (Hamilton), and Qualcomm Technology (US). The players in this market have adopted various strategies to expand their global presence and increase their market shares.

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. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Tuesday, 13 July 2021

What is a challenge for the Speaker Driver Market?

 

A challenge for the Speaker Driver Market is that a cleaner bass may lead to irregular frequency response. Large-sized drivers and the need for powerful bass come with a challenge. While bass might be better with bigger headphone drivers, treble (higher frequencies) can be harder to replicate. A large-sized driver to produce powerful bass comes along with the challenge of reducing the possibility of an irregular frequency response. Generally, larger drivers can generate cleaner bass, but less accurate high frequencies.

What is a restraint for the Speaker Driver Market?

ARestraint for the Speaker Driver market includes its harmful effects on the health of listeners. The World Health Organization (WHO) estimated that around a billion young people across the globe could be at the risk of hearing loss because of the unsafe listening habits they practice through headphones/earphones. The major concern with the headphones is the volume exposure that they give the ear. According to a study undertaken by the New York City Health Department, continuous exposure to loud noise (via loudspeakers, headphones, and so on) can damage the delicate inner ear cells and result in hearing impairment or complete hearing loss. Typically, large-sized drivers generate a louder sound output. Such drivers in headphones are capable of producing very loud levels of sound very close to the ear, thus being dangerous for the ears. .

What is an opportunity for the growth of the Speaker Driver Market?

An opportunity for the Speaker Driver market includes the expansion of 5G network to increase sale of smartphones and speaker drivers. With the introduction of the 5G network in many countries, the commercialization of 5G phones is expected to accelerate in the coming years. In 2020, Xiaomi has announced the plan to launch a 5G-enabled smartphone under USD 300, which is expected to result in a high sale of 5G phones as compared to the 4G phones in the coming years. The announcement of 5G mobile chipsets by Qualcomm and MediaTek is expected to create opportunities for smartphone manufacturers to increase the sales volume globally. In 2020, Qualcomm announced that it aims to bring 5G to its entry-level 4 Series of chipsets, specifically meant for phones in the USD 125–250 price range. Similarly, in 2020, Mediatek announced the plan to launch a new 5G mobile chipset for entry-level smartphones. This will create an opportunity for several smartphone manufacturers to capture the maximum share of the smartphone market and result in the development of new 5G-compatible phones. The introduction of new 5G phones will consequently fuel the demand for speaker drivers for these devices during the forecast period.

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What are some of the drivers for the growth of the Speaker Driver Market?

Some of the drivers of the Speaker Driver market include, Growing popularity of bass-heavy headphones; Growing adoption of a new category of earphones—true wireless earbuds; and the Surge in adoption of audio and video streaming services to fuel demand for speaker drivers. The growing popularity of over-the-top (OTT) solutions, increasing number of subscriptions, growing trend of mobile video streaming, and increasing digitalization have increased the usage of audio and video streaming services. The increasing penetration of smartphones, availability of high-speed internet plans at low cost, and growing popularity of on-demand video streaming are factors supporting the increasing usage of audio/video streaming services. This is increasing the demand for headphones, earphones, and other devices integrated with high-quality speaker drivers.

What companies operate in the Speaker Driver market?

Some of the companies in the Speaker Driver market include Sennheiser Electronic GmbH & Co. KG (Germany), Samsung Electronics (South Korea), Sony Corporation (Japan), Knowles Electronics (US), Goertek (China), Beyerdynamic GmbH & Co. KG (Germany), Fostex International (Tokyo), Merry Electronics co., ltd.(Taiwan), Concraft Holding co., ltd (Taiwan), Eastech (Taiwan), Voz Electronic co., ltd (Taiwan), Fortune Grand Technology inc.(US), Tymphany (China), Premium Sound Solutions (Belgium), Ole Wolff (Denmark), AAC Technologies (China), 1More (California), Sonion (Zealand), Bellsing (China), Molex (US) Audeze llc (US).

Contact:               

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441