Active Electronic Components Market Expected to Reach US$376.9 bn by 2023

According to a new market report published by Transparency Market Research “Active Electronic Components Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”, the active electronic components market was worth US$ 182.9 Bn in 2014 and is expected to reach US$ 376.9 Bn by 2023, growing at a CAGR of 8.4% from 2015 to 2023.

North America was the largest market for active electronic components in 2014. Growth in this region is driven by growing adoption of renewable energy resources and micro-electromechanical systems (MEMS). Along with this, growing popularity of portable electronic devices will remain the key driver for the active electronic components market. Active electronic components market in North America is expected to be superseded by Asia Pacific during the forecast period. In 2014, North America accounted for around 32% of the overall active electronic components market. However, Asia Pacific is expected to witness fastest growth during the forecast period at a CAGR of 9.1%. China, Japan, Taiwan, and South Korea are among the major markets driving the demand for active electronic components in this region due to growing electronic manufacturing activity in these countries.

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The active electronic components include semiconductor devices, display devices and others. Various semiconductor devices include diodes, transistors, integrated circuits and optoelectronic components. In 2014, semiconductor devices accounted for around 50% share of the overall active electronic components market. Reduction in component size and reliability has been aiding the growth of active electronic components market. This has made them effective for use in miniature applications such as tablets, smartphones and smart watches.

Further, rising global concerns for energy efficiency have increased the need for energy efficient active electronic components. The market for display devices is expected to expand at a CAGR of 8.7% from 2015 to 2023. Medical and military applications are driving the demand for display devices among active electronic components. Various display devices in the active electronic components market include microwave tubes, cathode-ray tubes, x-ray tubes, photoelectric tubes and triodes. In 2014, x-ray tubes segment held the largest revenue share of around 28% of the overall market for display devices market. X-ray tubes segment is expected to continue its market domination in the display devices segment throughout the forecast period from 2015 to 2023.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

In-flight Autopilot Systems Market Trends and Forecast 2015 - 2021

According to a new market report published by Transparency Market Research “In-flight Autopilot Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021” the in-flight autopilot systems market was valued at US$6.1 bn in 2014 and is estimated to grow at a CAGR of 4.60% and reach US$8.4 bn by 2021.

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An autopilot system is composed of set of devices which is used to guide and control an aircraft without any direct assistance from the pilot. Earlier, the application of autopilot systems was only limited to maintaining a constant heading and altitude but nowadays autopilot systems are able to control every function of the flight from take-off to landing. Increasing focus towards improving the operational efficiency of the aircrafts is one of the primary factors responsible for the growth of the in-flight autopilot systems market. The use of autopilot systems in the aircrafts helps to lower the fuel consumption and improve navigation accuracy. In addition, the demand for in-flight autopilot systems market is expected to be high considering the fact that it enhances the safety of the flight. Moreover, growing need for automation of the aircrafts is also contributing to the growth of the in-flight autopilot systems market. These factors in overall are expected to positively impact the growth of in-flight autopilot systems market during the forecast period from 2015 to 2021.

By system type, in-flight autopilot systems market is categorized into five segments; flight director system, attitude and heading reference system, avionics system, flight control system and others. The flight director system was the largest segment in terms of revenue in 2014.

By aircraft type, the market is categorized into two types; rotary wing aircrafts and fixed wing aircrafts. The fixed wing aircrafts category held majority of the market. The demand for in-flight autopilot systems is expected to be high in the fixed wing aircrafts segment due to its increasing applications for enhancing the operational efficiency and improving the safety parameters of the flights.

By applications, the market is divided into three segments namely: commercial aircraft, military aircraft and civilian aircraft. In terms of revenue, the commercial aircraft was the largest segment accounting for a share of more than 60% in 2014. Increasing number of air passengers has positively impacted the demand for in-flight autopilot systems used in the commercial aircrafts. In addition, the demand for in-flight autopilot systems in the commercial aircrafts segment is further augmented by the increasing focus of the airline companies to automate the flights. These factors are expected to positively impact the market in the coming years.

Based on geography, the global in-flight autopilot systems market has been segmented into four regions; North America, Europe, Asia Pacific and Rest of the World. North America held a share of more than 46% and was the largest segment in terms of revenue in 2014. The increasing need for accuracy in the navigation system is an important factor which has resulted in increased demand for in-flight autopilot systems in North America. In 2014, Europe held the second largest market and accounted for a share more than 35% globally.

Some of the major players in the market are Rockwell Collins, Inc. (U.S.), Airware, Inc. (U.S.), Garmin Ltd. (Switzerland), Lockheed Martin Corporation (U.S.), Honeywell International Inc. (U.S.), L-3 Communication Holding Inc., (U.S.), BAE Systems, Plc (U.S.), Cloud Cap Technology Inc (U.S.), MicroPilot Inc., (Canada) and Genesys Aerosystems Group, Inc., (U.S.) among others.

This report offers a comprehensive analysis of the global in-flight autopilot systems market along with the market values, in terms of revenue (USD million) for the forecast period from 2015-2021. In addition, the global market has been bifurcated on the basis of types and applications. The cross sectional analysis of in-flight autopilot systems market across four geographical regions has also been covered under the purview of the report.

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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Small Arms and Light Weapons (SALW) Market to be Worth US$22.12 bn by 2023

According to a new market report published by Transparency Market Research “Small Arms and Light Weapons (SALW) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” the small arms and light weapons market was valued at US$15.75 bn in 2014 and is estimated to exhibit a CAGR of 3.8% and reach US$22.12 bn by 2023.

Modernization of police is one of the primary factors responsible for the growth of the Small Arms and Light Weapons (SALW). There has been an increasing focus on the part of various governments to modernize its police forces as a result of the increasing crime rates. Moreover, various defense modernization programs being implemented across various countries has also impacted the Small Arms and Light Weapons (SALW) positively. Increase in urban warfare is another factor which is expected to propel the demand for Small Arms and Light Weapons (SALW) during the forecast period.

 Small arms and light weapons are best suited to counter attacks in situations where carpet bombing cannot be used and encounters occur at close quarter. Furthermore, measures taken by various countries to address the issue of drug trafficking is another factor which has resulted in an increased demand for Small Arms and Light Weapons (SALW). These factors in overall are expected to positively impact the growth of Small Arms and Light Weapons (SALW) market during the forecast period from 2015 to 2023.

small-arms-light-weapons-market

By types, the Small Arms and Light Weapons (SALW) market has been divided into two segments, namely small arms and light weapons. The small arms segment has been further divided into six types: pistols, rifles, handguns, shotguns, man-portable machine guns and others. The light weapons market has been divided into eight categories: landmines, mortars, grenade launchers, rocket launchers, Rocket Propelled Grenades (RPGs), anti tank weapons, anti aircraft weapons and others.

By applications, market is categorized into military, law enforcement and others. The military segment held the largest market share and accounted for more than 50% in 2014. Defense Modernization Programs is one of the primary factors driving the demand for Small Arms and Light Weapons (SALW) used in the military sector.

By Geography, the global Small Arms and Light Weapons (SALW) market has been segmented into four regions; North America, Europe, Asia Pacific and Rest of the World (RoW). Rest of the World (RoW) has been further divided into Middle East and Africa and South America. In 2014, Europe was the largest market for Small Arms and Light Weapons (SALW) and accounted for more than 30%. The Europe market was closely followed by the North America market and it held the second position in 2014.

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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Global Tunable Diode Laser Analyzer Market to be Propelled by High Demand for Emission Control

Growing concern about the hazards of toxic gases in gas fields, oil fields, and mines drives the global market for tunable diode laser analyzers. The demand for tunable diode laser analyzers is on the rise across several industries all over the world. Expanding at a 10.2% CAGR between 2015 and 2021, the global tunable diode laser analyzer market is anticipated to reach a market value of US$548.8 million in 2021, up from US$280 million in 2014. The demand for tunable diode laser analyzers in industries mainly arises from the need for emission control.

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Tunable diode laser analyzers measure and identify the quantity of water, carbon dioxide, and methane in several gas mixtures. Tunable diode laser analyzers are mainly applied in the areas of hydrocarbon processing and power generation. A prominent characteristic feature of a tunable diode laser analyzer is its ability to detect gas and even measure the same at extremely low concentrations. In fact, it has the capacity to give the exact measurement of gases even if found in trace amounts.

Technological Improvements Keep the Market on the Rise

Type, application, and geography are the three parameters based on which the global tunable diode laser analyzer market is segmented. In-situ is the type used extensively in most areas of application. The various industries that make use of tunable diode laser analyzers are cement, fertilizer, oil and gas, power, pulp and paper, mining and metal, healthcare, and others. The oil and gas segment leads the global market for tunable diode laser analyzers and will retain its leading position in the forecasting horizon as well.

Over the years, the demand for gas detectors has increased owing to the greater proliferation of industries on the one hand and the consequent increase in pollution levels on the other. The global tunable diode laser analyzer market is characterized by continuous improvements in the products owing to dynamic adoption of newer and better technologies.

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High R&D Costs: A Market Challenge

Geographically, the global tunable diode laser analyzer market is categorized into Asia Pacific, North America, Europe, and Rest of the World. In 2014, Asia Pacific dominated the global market for tunable diode laser analyzers and continues to do so owing to high demand for measuring the critical levels of gases in chemical plants, oil fields, gas fields, and mines. It is expected that the demand for in-situ measurement will expand significantly during the forecast period. The growth of the in-situ measurement segment can be attributed to the issues and the frequency of measurement faults in the extraction of gas samples and also its conditioning.

Tunable diode laser analyzers are incorporated in downstream, midstream, and upstream activities that take place in oil fields. The surging demand for detecting complex hydrocarbons and low gas concentrations in these activities is what fuels the overall demand for tunable diode laser analyzers. On the other hand, lack of widespread awareness and high R&D costs restrict the growth of the global tunable diode laser analyzer market.

Prominent companies operating in the global tunable diode laser analyzer market are Servomex, ABB Ltd., Sick AG, Mettler Toledo, Honeywell International Inc., Neo monitors, Siemens AG, and General Electrics Corp.

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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Increased Integration of SoCs across Smart Devices to Drive Global SoC Market

System-on-chip (SoC) is an integrated circuit (IC) that assimilates the complex components of a computer or other electronic devices in a single chip, generally called microchip. The technology that we use today has become smarter and more complex. Whether it is our personal computers, smartphones, or other consumer electronic devices, they have become more dynamic and sophisticated to adapt to our changing preferences. A system-on-chip is embedded in such complex devices and it acts as their central processor.

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Consumers nowadays demand highly power-efficient and smarter electronic devices. Additionally, the market for smart appliances and digital homes has registered tremendous growth in the last two decades. Such changes are largely attributed to advances introduced in device technology that have enabled the integration of billions of transistors on a chip with extremely high processing capabilities. Hence, the growth of the system-on-chip market is directly proportional to the increasing demand for embedded graphics and multicore technologies.

Increased Integration of SoCs across Smart Devices to Drive Global SoC Market

The applications of SoCs have tremendously increased in the last couple of years. The technology is now used across a myriad of smart electronics such as wireless communication equipment, smartphones, electrocardiogram (ECG) telemetry devices, automotive body electronics, and others.Increasing demand for energy-efficient devices has ushered in new developments in the technology, wherein the SoCs inbuilt in devices have become smaller in size, function faster than their predecessors, and consume less power. The global system-on-chip market is poised to grow exponentially with the evolution of SoC technologies and increased manifestation of Moore’s law. According to a report published recently by Transparency Market Research, the global system-on-chip market stood at US$35.95 billion in 2014. Exhibiting a healthy 10.5% CAGR, the market is likely to reach US$71.98 billion by 2021.

Asia Pacific Leads the Global SoC Market

Based on regional distribution, the global system-on-chip market encompasses North America, Europe, Asia Pacific, and Rest of the World. The demand for smarter electronics has been remarkably high in Asia Pacific, due to which the region led the global SoC market in 2014. North America emerged as the second largest SoC market the same year, followed by Europe. Higher application of SoCs in automotive applications and high demand for smart devices is fuelling the demand from the system-on-chip market in North America.

In the last couple of years, the demand for connecting devices such as smartphones and tablets, among others, has increased significantly. Market expansion of devices such as smart air conditioners and smart television has been highly influential in fuelling the demand for SoCs. The demand for connected devices is directly related to the rise in the number of internet users around the world, which of course is increasing tremendously. Such devices with internet-oriented applications are mostly powered by SoCs. Hence, these factors act as growth drivers of the global SoCs market. Development of novel SoCs with multicore technologies has also played a significant role in boosting the global SoC market. The escalating demand for scalable and more compact ICs in the electronic industry is also expected to positively impact the global SoC market

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About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Energy Efficient Lighting Technology Market Study 2018

The lighting industry is constantly evolving, improving and developing new products that are inclined toward reducing energy, while also meeting the adequate illumination needs for a particular given space. The modern day energy efficiency markets invent new products and deliver valuable goods and services that are meant to reduce the energy required in order to fuel global economies. Many energy-efficiency investment plans have already catered key changes and energy-reductions in the global energy demand.

To understand the exact need of savings new energy technologies yield, considering the effects of Light Emitting Diode (LED) and Compact Fluorescent Lights (CFL) over conventional incandescent light bulbs has become necessary. LEDs and CFL bulbs have completely revolutionized the energy-efficiency lighting market. Owing to longer lamp life, easier replacement methods, and viable maintenance costs, these newer technologies offer more than slash energy consumption and utility budgets. Some additional benefits such as depreciation in dust and dirt in older buildings, commercial and private spaces is considered as an improvement in the appearance and energy performance of the lighting technology.

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Market Dynamics & Figures

The comprehensive study conducted on the global energy-efficient lighting technology market by a U.S. leading research firm, Transparency Market Research discusses the various aspects involved in this market. It shows the fair characterization of the energy-efficient lighting technology market by different applications and patterns related to Correlated Color Temperature (CCT) for the forecast period (2011- 2016). According to their statistics, the global energy-efficient lighting technology market is estimated to be USD 118.7 billion in 2011 and expected to reach USD 173.4 billion in 2016 at a CAGR of 7.9% over the period 2011 to 2016. The LED segment is the fastest growing with CAGR14.9% during the forecast, 2011 and 2016.

Market Overview – LED, CFL, and Fluorescent

Since the past few years of the lighting market has experienced notable technology improvements in the area of compact florescent lamps (CFL), light emitting diode (LED), and solid state lighting, it is observed that amongst the three markets, the LED market is the fastest growing segment increasing at a CAGR of 14.9% from 2011 to 2016, because of the rising applications of LED lighting that includes residential lighting, decoration, signal indicators and display backlighting. Owing to its exceptional features that include high energy-efficiency, long operational life and robust weather resistant design, LED lighting market is enjoying robust growth in every field. Its lighting applications are likely to see double-digit growth with the highest market share in overall lighting market post 2020.

Subsequently, compact fluorescent lamps (CFL) bulbs are more efficient in their performances due to which they consume about 70% shares than incandescent light bulbs. CFL bulbs electricity consumption is far lesser than that of incandescent bulbs, and hence they are significantly more adaptable to fighting global warming issues. Some of the key advantages of CFL include improved light quality and longer operational life. These kinds of bulbs give healthier concentrated light than linear fluorescent as their sizes are also just about one-fourth of the size of conventional fluorescent lamps. CFL is widely known for its quality of slashing carbon dioxide emissions by about 1,300 lbs. over its entire life span.

In the overall lighting technology market, the U.S. is projected to be the largest market of LED in 2016. This region is likely to be taken over by the Asian regions that will witness the highest growth rate at a CAGR of 16.6% from 2011 to 2016. At present, the lighting accounts for about 18% to 20% of total energy consumption globally, while around 27% to 30% of total energy consumed is for domestic purposes.

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Transparency Market Research (TMR) is a Brazil market intelligence company, providing Brazil business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Growing Construction Activities Propel Circuit Breakers Market in Brazil

Circuit breakers are a device that stop the flow of current in an electric circuit for safety. Circuit breakers are widely used in commercial and residential construction projects. The growing brazil circuit breakers market for is mainly attributable to the increasing investment in roads, water supply, rail transport, housing, ports, and airport developments.

Additionally, focused efforts on installing reliable and efficient power transmission and distribution channels, along with the development of new energy infrastructure in Brazil, is leading to a boom in the circuit breakers market in the country. This positive trend is also being supported by the government of Brazil, which is encouraging circuit breaker vendors to deploy these devices at varying voltage levels to ensure a continuous supply of power.

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The circuit breakers market in Brazil is segmented on the basis of voltage level, arc quenching medium, and application. The voltage levels seen in this market are low voltage, medium voltage, and high voltage. By arc quenching medium, the circuit breakers market is segmented into air, SF6, vacuum, and others. The application of circuit breakers is seen in areas such as industrial, automotive, construction, oil and gas, power generation, and others.

Widespread Application of Low-voltage Circuit Breakers a Feature of Brazil Circuit Breakers Market

According to a recent research report, the low-voltage circuit breakers segment held the lion’s share in the Brazil circuit breakers market in terms of both volume and revenue in 2014. The factor driving this segment is the popular application of low-voltage circuit breakers in electrical distribution systems of manufacturing plants, residential and industrial constructions, the oil and gas sector, and the power generation industry. In the foreseeable future, the demand for the low-voltage circuit breakers segment will remain high in Brazil, as it offers a safe solution to most industrial users.

Air Circuit Breakers to Dominate Circuit Breakers Market in Brazil

Air circuit breakers are in the leading position in the circuit breakers market of Brazil as of 2014. This segment is expected to continue its dominance as the demand for air as a medium of insulation in low-voltage circuit breakers and switchgears will remain high. Furthermore, air circuit breakers are also a preferred option in the residential construction sector, which is a burgeoning industry in Brazil. Air circuit breakers are mainly used for protecting electrical machinery such as capacitors, generators, motors, and transformers.

Rising Power Generation Segment Leads Demand from Brazilian Circuit Breakers Market

Amongst the applications, the power generation segment held a share of 35% in the Brazilian circuit breakers market in 2014. Circuit breakers of all voltage levels are used in the power generation sector. Additionally, growing concern pertaining to the reliability and safety of high-voltage power transmission is also contributing to the expanding demand for expensive high-voltage circuit breakers in the power generation industry of Brazil.

Some of the important players in the Brazil circuit breakers market are ABB Ltd., General Electric, Pennsylvania Breaker, LLC, , G&W Electric Company, Schneider Electric SE, Eaton Corporation, Toshiba Corporation, Alstom S.A., Siemens AG, Mitsubishi Electric, Maxwell Technologies, and WEG S.A.

Relay designed to improves electromagnet to operate the switch mechanically

The global relays market was valued at US$9.41 bn in 2014 and is expected to reach US$16.24 bn by 2021. The market is predicted to grow at a 7.70% CAGR due to factors such as the increasing need for green energy and eco-friendly energy. Relays control several circuits by a single low power signal. The relays are primarily utilized to prevent circuits from faults and overload. Key players in the global relays market offer a wide variety of high-capacity power relays, which are used for cutting DC voltages in solar applications. The increasing demand for electricity around the world has led to the application of smart grids. Usage of multi-band wireless technology and increasing demand for smart grids have further generated more demand for relays. The increasing number of solar energy projects is expected to propel the global relays market during the period between 2015 and 2021.

Electrochemical Relays: The Fastest Developing Sector

The global relays market is segmented on the basis of geography, product type, and application. By product type, the global relays market is classified into electromechanical, latching, solid relays, overload protection, automotive, and other relays. In 2014, the electromechanical relay sector dominated the global relays market. This sector is expected to maintain its dominant position till 2021 owing to its reliability and easy setup. By application, the global relays market is divided into industrial automation, military, electronics, and others. In 2014, the industrial automation sector led the global relays market with a 23.2% market share. In 2014, the electronics and military sectors stood second and third in terms of market share, respectively. Growing need for automation and rapid growth of the industrial sector will drive the global relays market during the forecast period.

Implementation of Smart Grids to Drive Asia Pacific Relays Market

By geography, the global relays market is classified into Asia Pacific, Europe, North America, and Rest of the World. In 2014, the Asia Pacific relays market accounted for the highest market share. The Asia Pacific relays market is expected to expand rapidly by 2021 owing to factors such as the implementation of smart grids. In 2014, the Europe relays market accounted for a 25.1% market share and is predicted to register healthy growth till 2021.

The relatively short time relays take to wear out is expected to affect the smooth growth of the global relays market in the coming few years. However, the introduction of enhanced products from leading players will help the global relays market overcome the restraints. Some of the leading companies in the global relays market are Comus International Inc. (U.S.), Crydom Inc. (U.S.), Alstom S.A. (France), Omron Corp. (Japan), Fujitsu Ltd. (Japan), Teledyne Relays Inc. (U.S), Coto Technology Inc. (U.S.), StandexMeder Electronics GmbH (Germany), Siemens AG (Germany), and Schneider Electric SE (France). Expansion of the application areas is predicted to create new opportunities for the global relays market. Most of the leading players in the global relays market aim to introduce environment-friendly raw materials to enhance the production of relays. Products that are cadmium- and lead-free are expected to lead the global relay market.

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Growing Need for Efficient Power Solutions Propels Global LED Driver and Chipset Market

An LED driver is a device built to regulate and control the power of LEDs. The typical LED driver is a response unit that modulates power as per the requirements of the LEDs. The driver thus provides consistent and recommended power to an LED unit, which is needed as LEDs begin to undergo a change in their properties due to an increase in temperature. The LED driver itself is a power supply with outputs that are set into an LED circuit or chipset. Because of this, the LED driver can easily maintain the power level that the LED receives. In the absence of an LED driver and chipset, the LEDs in a circuit have the tendency to become unstable and overheat, resulting in sub-standard performance or even failure.

The global LED driver and chipset market is exhibiting a substantial CAGR of 23.20% between 2015 and 2021. As a result of this massive growth rate, the global LED driver and chipset market, which was recorded at the end of 2014 at US$2.8 bn, will be valued at US$11.9 bn by the end of 2021.The major companies in the global LED driver and chipset market are Ixys Corp., Diodes, Inc., and Advanced Analogic Technologies, Inc.

Power Efficiency Needs Drive Global LED Driver and Chipset Market

The primary growth driver identified for the global LED driver and chipset market is the growing need for efficient power solutions for the segments of lighting and display. The LEDs of today outperform any of the older lighting devices, including liquid crystal displays and cold cathode fluorescent lamps. LEDs are better than other existing lighting technologies in terms of durability, reliability, efficiency of energy generation, and portability. This holds true for lighting applications as well as displays. Other driving factors for the global LED driver and chipset market is the lower cost of installing LEDs as compared to other lighting and display devices.

Other advantages that LEDs possess over other lighting systems is their ability to generate 100% of the color scheme dictated by the National Television System Committee and some extra colors as well. LCDs, the closest rival to LEDs, only generate 70-80% of the NTSC colors. LEDs also generate a higher lumen per watt in comparison to other lighting devices. Another major advantage of using LEDs is the eco-friendly nature of the global LED driver and chipset market, where minimal materials are required to build, which can be easily reused or recycled later. The currently growing number of consumers that are increasingly aware of their own carbon footprint are beginning to prefer the global LED driver and chipset market.

Lighting Leads Global LED Driver and Chipset Market

In terms of the various applications of the global LED driver and chipset market, lighting held the largest share in the market in 2014. This segment is expected to show a 24.10% CAGR from 2015 to 2021; the segment occupied 20.1% of the global LED driver and chipset market. In terms of geography, the global LED driver and chipset market was led by Asia Pacific, a region progressing at a 23.40% CAGR for the period from 2015 to 2021.With China and Japan playing a major role in the global LED driver and chipset market, Asia Pacific is expected to remain on top of the global LED driver and chipset market for the time being.

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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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High Voltage Surge Arresters Dominated Global Market with 45.3% Share

A surge arrester is a type of device utilized to protect electrical equipment from transient surges of high voltage caused by internal or external events. This device is also known as a transient voltage surge suppressor or surge protection device and is utilized for the protection of equipment within power distribution and transmission systems. A surge arrester is attached to the ground and operates by the process of rerouting the excess energy.

Rising Demand for Electric Appliances to Boost Surge Arresters Market

The global surge arresters market is being fuelled by the rising demand for electric appliances within households owing to the increasing disposable incomes and changing lifestyles of individuals all around the globe. Electronic appliances may get damaged owing to sudden voltage surges and surge arresters are being used to protect them. In addition, the growing awareness in favor of power generation via renewable energy sources is boosting the development of the surge arrester market. The growing industrialization in developing countries is also stimulating the demand for surge arresters. Furthermore, the soaring costs involved in the maintenance of machinery owing to fluctuations in voltage have fuelled the demand for surge arresters within industrial applications.

High Voltage Surge Arresters Dominated Global Market

On the basis of type, the surge arresters market is segmented into low voltage surge arresters, high voltage surge arresters, and medium voltage surge arresters. Amongst these types, the segment of high voltage surge arresters constitutes the largest share of 45.3%. The reason for the superiority of this segment is the continuous industrialization in the developing economies of China and India. Industrial equipment requires protection from acute damage incurred by voltage fluctuations. This factor is raising the demand for high voltage surge arresters.

In terms of application, the market is segmented into commercial applications, industrial applications, and household applications. Amongst these, industrial applications account for the biggest share in the market in 2015 and are expected to maintain their dominance in the coming six years. The dominance of industrial applications is owing to the spread of industrialization around the world.

North America Surge Arresters Market Emerges as Largest Market

In terms of regions, the surge arresters market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). In 2015, North America held the biggest share in the market and is predicted to maintain its superiority in the forthcoming years. The presence of a number of vendors and North America being an early adopter of this technology are the prime reasons for the dominance of this region. Europe trailed North America and held a share of more than 25% in the market. On the other hand, Asia Pacific is expected to be the most swiftly developing region in the coming years owing to the increasing industrialization in the developing economies of India and China.

The prominent players operating in the market for surge arresters include ABB Ltd, Siemens AG, Emerson Electric, General Electric, Mitsubishi Electric Corporation, Schneider Electric, Crompton Greaves, Eaton Corporation Plc., Legrand S.E., and Raycap Corporation, among others.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Industrialization in Asia Pacific to drive Industrial Personnel and Burden Carrier Market

As per the new market report published by Transparency Market Research “Industrial Personnel and Burden Carrier (Electric) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” global industrial personnel and burden carrier (electric) market was valued at US$98.9 mn in 2014, growing at a CAGR of 8.2% from 2015 to 2021 to account for US$174.6 mn by 2021.

The global industrial personnel and burden carrier (electric) market is witnessing significant growth primarily due to the rapid industrialization in developing countries of Asia Pacific. This in turn is attracting various manufacturers of industrial personnel and burden carrier (electric) to invest in this market. In addition, increasing need for improved operational efficiency within factories and growing demand for electric vehicles worldwide are boosting the demand of industrial personnel and burden carrier (electric) market globally. Moreover, the industrial personnel and burden carrier (electric) provide other benefits such as reduction of man power, time savings, reduced operating cost and others, reduced wastage of raw materials and others. The industrial personnel and burden carrier (electric) market is categorized into three segments: by type, by load capacity and by region.

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By burden carrier product type, the sit down segment held the largest market share accounting for more than 90% of the overall market valued at USD 66.4 million in 2014. The sit down burden carrier segment is expected to dominate the market throughout the forecast period. The dominance of this segment is mainly due to the rising need for reduction of man power, reduction of wastage, materials handling and materials transport among others. By personnel carrier product type, 2 to 5seater segment held the largest market share. This segment accounted for USD 22.7 million in 2014.

In terms of load capacity, by burden carrier, less than 1000 lbs segment contributed to the largest revenue share in the global industrial personnel and burden carrier (electric) market in 2014. Less than 1000 lbs segment recorded revenue of USD 52.9 million in 2014. This growth is attributed to the increasing industrial burden carrier (electric) applications across cement industry, oil and gas industry, factory, manufacturing hubs, retail sector among others. In terms of personnel carrier load capacity, 500 lbs to 2000 lbs segments held the largest market share accounting for more than 80% in the overall market valued at USD 27.4 million in 2014. 500 lbs to 2000 lbs segments is expected to dominate the market throughout the forecast period.In terms of region, North America lead the global industrial personnel and burden carrier (electric) market accounting for USD 74.2 million in 2014 and is expected to lead the market throughout the forecast period. 

The region’s dominance is primarily due to the high disposable income of the people, high degree of industrialization in the region and others. In addition, presence of major industrial personnel and burden carrier (electric) manufacturers in North America such as Columbia ParCar Corporation, Cushman Inc., E-Z-GO Taylor-Dunn Manufacturing Company, Motrec Inc. and Clark Material Handling Company Inc. among others is also supporting the growth of this market.Furthermore, the key players have been profiled in this report on the basis of the company overview, recent development, products/services, historical roadmap and future strategies in the global industrial personnel and burden carrier (electric) market. The key players in the industrial personnel and burden carrier (electric) market include Columbia ParCar Corporation, Cushman Inc., Bradshaw Electric Vehicles, Club Car, E-Z-GO, Pack Mule, Taylor-Dunn Manufacturing Company, Motrec Inc., Clark Material Handling Company Inc., and Suzhou Eagle Electric Vehicle Manufacturing Co., Ltd among others.

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Benefits Propels Demand for “Smart Glass and Windows ”—Advanced Light-Control Technology

Usually built with special materials, smart windows and glasses can alter light transmittance characteristics throughout a particular spectrum. Most of the characteristics of a smart glass or window can be changed depending on various external factors, including ambient conditions and air pressure. The technology makes use of heat or voltage changes and can also allow user inputs that help ensure the required amount of light passes through the glass.

The global smart glass and window market is projected to rise at an optimistic 14.70% CAGR from 2015 to 2021. The global smart glass and window market is expected to reach US$6 bn in 2021, after being evaluated at US$2.2 bn at the end of 2014. As for the companies, nearly 80% of the global smart glass and window market is taken up by the top players. This list includes Japan’s Hitachi Chemical Co., Ltd., and Asahi Glass, Co., Ltd., the French Compagnie de Saint-Gobain S.A., and the U.S’s Pleotint LLC, View, Inc., Research Frontiers, Inc.

Growing Acknowledgement of Benefits Propels Demand for Smart Glass and Windows

A growing number of homeowners, business managers, and construction companies are beginning to see the advantages of installing smart glass and windows. It allows them to save energy, maintain privacy, and block incoming harmful radiations. Homes and businesses are particularly inclined towards the global smart glass and window market due to the large-scale energy savings that can be made with optimum utilization of smart glass. Besides these, the global smart glass and window market is massively bolstered by the heavy demand from the global automotive industry. Smart glass and windows bring about higher fuel efficiency in automotive design, since they drastically reduce the need for air conditioning units and thus reduce the amount of fuel burnt in a vehicle’s engine. The automotive industry was the largest applications segment of the global smart glass and window market in 2014.

Modern innovations in the global smart glass and window market have helped key players build smart windows that possess quick switch features for instantly blocking UV light. Most consumers today prefer smart glass and windows over conventional plain and tinted glass. Another critical characteristic of a smart glass is the rapid reduction in heat formation inside a structure or a car, allowing for a fire to dissipate quicker.

Active Smart Glasses Lead Global Smart Glass and Window Market

In terms of technology, the global smart glass and window market is segmented in terms of two types: passive and active. Of these, the global smart glass and window market in 2014 was led by active smart glass, which held more than 80% of the global smart glass and window market at the time. Active glasses are extremely easy to use and have a short response time when it comes to changing the tint quality on the glass. Passive smart glasses are used where human intervention is not required. The largest application segment of passive smart glasses in 2014 was the agriculture sector.

The smart glass and window market finds a larger scope of use in North America and Europe, while other regions such as Asia Pacific are catching up. More than 30% of the revenue accrued by the global smart glass and window market was attributed to sales in the North America region in 2014.

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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Strong Growth Predicted For Industrial Control For Process Manufacturing Market

Global industrial control for process manufacturing market was valued at USD 61.23 billion in 2014, growing at a CAGR of 5.2% from 2015 to 2021. Industrial control for process manufacturing solutions is used to measure, monitor and control manufacturing activities and processes. Demand for uniformity or consistency in end products is driving the demand for industrial control for process manufacturing solutions. Moreover demand for reduction in wastage of raw materials by efficient utilization of resources is driving the market growth.

The global industrial control for process manufacturing market is segmented by regions into Europe, Americas, Asia Pacific (APAC) and Rest of the World (RoW). The growth of industrial control for process manufacturing market is primarily driven by the demand for automation of manufacturing processes from various industries such as oil & gas, food & beverages, power and chemical among others. In addition, rising safety and security concern of machineries installed in plants is driving the market growth. Moreover, need for flexibility in manufacturing processes by easy customization features is further aiding the growth of the market during the forecast period.

In 2015, Americas led the industrial control for process manufacturing market and the region is expected to maintain its dominance throughout the forecast period. Re-engineering of traditional industrial controls with more advanced industrial control powered to handle complex processes is fueling the market growth in the region. Europe closely follows Americas accounting for more than 33% of the global market revenue share in 2015. However, Asia Pacific region have the highest growth potential during the forecast period owing to the increase in infrastructure expenditure in power and oil & gas sectors. Moreover rising number of industries in the region is further aiding the market growth.

The global industrial control for process manufacturing market by technology is categorized into supervisory control and data acquisition (SCADA), programmable logic controller (PLC), distributed control system (DCS) and manufacturing execution system (MES). Rising need for real time monitoring of industrial processes and activities is driving the demand for SCADA, DCS, MES and PLC. Automation requirement from various industries such as oil & gas, power and chemical is further driving the market. Rising complexities of processes is driving the demand for advanced industrial controls boosting the overall market growth.

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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Structured Cabling market's growth path could be a rocky road

The global structured cabling market is primarily driven by increasing demand for higher bandwidth globally. High bandwidth is most important for applications such as video calling, faster data transmission, online gaming and file downloading among others. Thus with the increase in the number of internet users, the demand for high bandwidth is expected to increase considerably across different commercial, industrial and IT (information technology) sectors.

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According to the United Nation’s International Telecommunications Union, the number of internet users worldwide was estimated to be around 3 billion in 2014. This number is expected to increase considerably in the coming years and in line with this, structured network demand over corporate sector is also expected to increase through forecast period. This in turn triggers the need of advanced structured cabling solution globally. In addition, the need for modernization and expansion of communication network adopted by different enterprises is also expected to accelerate the demand for structured cabling globally.

The global structured cabling market is segmented on the basis of solution type, application and geography. By application, the structured cabling market has been segmented into commercial, residential, government, industrial and transportation. On the basis of solution type, structured cabling market is segmented into hardware, software and service.The hardware segment is further segmented into fiber cable, racks and cabinets, copper cable and patch panel and cross connects. By geography, the structured cabling market has been classified into: North America, Asia Pacific, Europe and Rest of the World (ROW).

Among the different solution type of structured cabling, hardware segment held the largest market share with 89.0% share in 2014. The hardware segment is mainly driven by copper cable. However, across the different applications of structured cabling, the residential sector is expected to be the fastest growing market during the forecast period. The modular design of structured cabling is very flexible and supports future up gradation where new cable structure can be added or move without any new modification in the cabling infrastructure. This makes it most suitable for residential purpose and thus results in higher adoption of structured cabling infrastructure in the residential sectors. By geography, North America held the largest market share in structured cabling market and accounted for 38.8% market share in 2014. Being a mature market owing to high penetration level, the structured cabling market in North America is predicted to experience sluggish growth in the coming years. Europe held the second largest market share in the global structured cabling market. Initiative taken by European Commission to reduce carbon emission and electricity consumption is also responsible for the robust growth of structured cabling market in Europe during the forecast period.

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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

The Current Trends and Future Growth in Power Tools market : TMR

According to a new market report published by Transparency Market Research “Power Tools Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” the power tools market was valued at US$26.13 bn in 2014, growing at a CAGR of 5.3% from 2015 to 2021 to account for US$38.03 bn in 2021.

The power tools are primarily used in construction and manufacturing industries. The ongoing infrastructure development in emerging economies such as India and China is aiding to the growth of this market. Furthermore, the rising concept of urbanization and modernization is also driving the power tools market. India is one of the emerging nations currently undergoing massive urban development as per their smart cities project. In addition, concept of Do It Yourself (DIY) is also supporting the market and helps them to cater residential sector. Furthermore, the availability power tools over various distribution channels and especially on e-commerce websites easily also supports DIY market. Therefore growing idea of DIY is acting as a driver for the power tools market.

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The market has been segmented into three categories: by technology, application and geography. By technology, the electric power tools held the largest market share accounting to more that 50% in 2014 The dominance of this segment is attributed to the increasing application of electric power tools in construction industry. Moreover, electric power tools have the capacity of producing better torque as per the requirement of the work.

By regions, Asia Pacific held the highest market share in the 2014 and expected to lead the market during the forecast period. This region is witnessing tremendous industrialization due to the presence of developing regions like India and China.

Focus on Energy Efficient Lighting to Steer Global Lighting Fixtures Market : Transparency Market Research

According to a new market report published by Transparency Market Research “Lighting Fixtures Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021” the lighting fixtures market was valued at US$136.30 bn in 2014; and is expected to reach US$215.29 bn in 2021, at a CAGR of 6.9% from 2015 to 2021.

Lighting market transition from traditional lighting technology such as incandescent and fluorescent lamps to more energy efficient lighting technology such as LED and OLED lamps is primarily driving the growth of lighting fixtures market. Growth in construction industry globally, is leading to increasing infrastructure development primarily in semi-urban and rural areas. Due to this factor, installation of lighting fixtures in residential, commercial and public buildings is expected to surge during the forecast period, driving the lighting fixtures market growth.

Browse the full Lighting Fixtures Market Report at http://www.transparencymarketresearch.com/lighting-fixture-market.html

lighting-fixture-market

However, high initial investment for installation of new lighting fixtures and retrofitting traditional lighting fixtures is posing as a major restraint to the growth of the global lighting fixtures market. Moreover, complex buying decision process of lighting fixtures is inhibiting lighting fixtures market growth.

Key opportunity of the global lighting fixtures market lies in retrofitting the traditional lighting fixtures with advanced lighting fixtures. Optimal functioning of new lighting technology such as LED and OLED lighting technology are dependent on the advanced design of the lighting fixture. Demands for these advanced lighting technologies are creating new opportunities for existing and new players in the lighting fixtures market.

Geographically, Asia Pacific led the lighting fixtures market in 2015 and the region is expected to continue its dominance till 2021. The growth in this region is attributed to the increasing urbanization and surge in investment in construction industry. However, due to rising government regulations and policies aimed at encouraging implementation of energy efficient lighting over traditional lighting such as incandescent and fluorescent lighting, Europe have the highest growth potential during the forecast period.

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