Global Optocouplers Market Driven by Growing Automotive Industry :Transparency Market Research

Optocouplers, also known as opto-isolators, are electronic devices utilized to protect components that require reduced voltage inputs. Optocouplers separate a section with lower voltage from a section with high voltage in the same circuit. In vehicles, the driver assistance system needs an electronic control unit (ECU) to function, which operates on a substantially lower voltage than the main battery of the car. Optocouplers help achieve this reduction in voltage and isolation of the two unbalanced electrical systems.Industrial machinery needs a high voltage in general, but a few components need low voltage to function and can be damaged by excess supply of electricity. These requirements for voltage isolation are usually achieved through an optocoupler.The global optocouplers market was estimated at US$1.87 billion in 2014 and, expanding at a CAGR of 8.2% from 2015 to 2021, is anticipated to reach US$3.22 billion by 2021.

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Isolation Amplifier Optocouplers Emerged as Dominant Product Type with 53.1% Market Share

By application, the global optocouplers market is segmented into seven application types: printer and imaging devices, automotive, communication, signage, industrial, commercial, and others. On the basis of value, the industrial sector was the largest contributor, representing 37.95% of the overall market in 2014.By product type, the global optocouplers market can be segmented into six types: 6 pin optocouplers, 4 pin optocouplers, IGBT gate drivers, high speed optocouplers, isolation amplifiers, and others. Isolation amplifier optocouplers occupied the largest share of the overall market – 53.1%. Increasing ecological concerns for making electrical components that are lead-free has created an opportunity for the manufacturers of optocouplers to manufacture optocouplers in accord to the environmental standards.

Global Optocouplers Market Driven by Growing Automotive Industry

Global optocouplers market is mainly driven by factors such as the burgeoning of the automotive and industrial sectors in developing countries. The automotive and industrial automation communication sectors in emerging countries such as India, China, and others are on the rise due to growing urbanization and increase in disposable income. The market for optocouplers in these regions is majorly driven by large investment for accelerated communication systems and rising demand for premium automobiles. The rise in automation in the manufacturing sector is fuelling the growth of the market, as optocouplers are a vital part of the automation process. Additionally, elevating demand for hybrid vehicles (HEVs) worldwide is also helping the market for optocouplers.

In terms of geography, the global optocouplers market has been segmented into four major regions: North America, Europe, Asia Pacific, and Rest of World (Latin America, the Middle East, and Africa). On the basis of revenue, Europe acquired the biggest share of the market in 2014, trailed by Asia Pacific. The most influential factors driving demand for optocouplers in the European market are rising demand for automation in the manufacturing sector and increasing demand for HEVs. Expansion of the optocouplers market in Asia Pacific can be credited to the rising demand from the automotive sector as well as industrial applications.

The key manufacturers across the four regional segments of the optocouplers market are Fairchild Semiconductor, Avago Technologies, Renesas Electronics, and Vishay Intertechnology.

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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.

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.

Browse the full Active Electronic Components Market Report at http://www.transparencymarketresearch.com/active-electronic-components.html

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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About Us:

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.

Global System-on-Chip Market to Grow Exponentially, Fuelled by Increasing Demand for Smart Devices

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.

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

Europe: Leading Regional In-car Entertainment and Information System Market

The global in-car entertainment and information system market has shown immense growth in the recent past. The rapid rise in the automotive industry across the world has fueled the worldwide market for in-car entertainment and information systems significantly.

According to a research report published by Transparency Market Research (TMR), the global in-car entertainment and information system market stood at US$11.4 bn in 2014. Analysts further estimates that the market will attain an overall value of US$28.4 bn by 2021, expanding at a healthy CAGR of 14.20% over the period from 2015 to 2021.

Technical advancements in infotainment solutions, coupled with the rise in vehicle manufacturing, is the primary factor driving the global market for in-car entertainment and information systems. However, the high cost associated with the research and development of new solutions is restricting the market from growing smoothly.

Bluetooth: Dominating Global Market in Terms of Connectivity

The global in-car entertainment and information system market is analyzed on three front: Connectivity, application, and regional distribution. 2G, 3G, 4G, WiFi, bluetooth, and near field communications are the key segments of the worldwide market for in-car entertainment and information systems, based on connectivity.

The market for bluetooth accounted for around 30% of the overall market, emerging as the dominant market segment in 2014. The market is expected to continue exhibiting a significant growth in the forthcoming years. However, the increasing penetration of GPRS is expected to fuel the 2G, 3G, and 4G markets in the coming years.

On the basis of application, the global in-car entertainment and information system market is comprised of the markets for telematics, navigation, and entertainment. The market for entertainment dominated the overall market with a share of 40% in 2014. Analysts project that this market segment will continue to dominate the global in-car entertainment and information system market in the near future.

Europe: Leading Regional In-car Entertainment and Information System Market

The global market for in-car entertainment and information systems is regionally spread across North America, Asia Pacific, Europe, and the Rest of the World. Among these, the in-car entertainment and information system industry in Europe has acquired the topmost position, accounting for the highest share of the overall market. Germany, France, Italy, and the U.K. are the major markets for in-car entertainment and information systems in Europe.

The North America in-car entertainment and information system market is also showing an impressive growth, specially the market in the U.S. has been exhibiting steady development in recent times and has emerged as one of the leading markets for entertainment and information system. On the other hand, Brazil is witnessing robust rise as the in-car entertainment and information system market in Latin America and is projected to maintain its growth pace in the coming future.

In the Asia Pacific entertainment and information system market, China, Japan, South Korea, and India are showing substantial growth. Analysts expect these markets to witness a significant rise in their market share over the next few years.

Global In-car Entertainment and Information System Market: Major Players

JVC Kenwood Corp., Alpine Electronics Inc., TomTom International B.V., Delphi Automotive PLC, Blaupunkt GmbH, Denso Corp., Pioneer Corp., Harman International are the major players operating in the global in-car entertainment and information system market.

Power Tools to Represent Global Market Worth US$38.03 bn by 2021

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.

Browse the full Power Tools Market report at http://www.transparencymarketresearch.com/power-tools-market.html

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.

Power-tools-market

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.

North America: Leading Regional Bionics Market

With technical advancements in the healthcare industry, the bionics market is making remarkable progress in the global arena. In 2014, it stood at US$7.96 billion. Driven by the rising incidence of organ failure and the increase in the geriatric population base across the globe, the global market for bionics is projected to reach a value of US$20.49 billion in 2021, expanding at a CAGR of 13.2% between 2015 and 2021.

Browse Full Global Bionics Market Research Report With Complete TOC @ http://www.transparencymarketresearch.com/bionics-market.html

Apart from this, the rising application of exoskeletons in the defense sector is boosting the global bionics market to a significant extent. However, this market is likely to face severe challenge from the high cost associated with bionic devices.

Bionic Limbs: Most Used Bionic Device

Bionic heart, bionic brain, bionic vision, bionic limbs, exoskeleton, and other devices are the key bionic devices that are majorly used around the world. Among these, bionic limbs led the global bionics market in 2014 with a 28% share, accounting for US$2.23 billion. Analysts have projected that this market segment will continue to dominate the overall market, mainly because of the rising incidence of accidents that lead to paralysis or removal of limbs. In addition to this, the technological advancement of bionic limbs has enabled them to be controlled by the user’s brain. This factor is also fueling the bionic limbs market significantly across the world. 

Healthcare Industry: Contributed US$6.0 billion in 2014

The healthcare industry and the defense sector are the major end users of bionic devices, whereas mechanical bionics and electronics bionics are the key technologies applied over bionic products. Among the two, the healthcare industry acquired the bigger share of the overall market, reporting a revenue amounting to US$5.97 billion in 2014. On the other hand, the defense sector is expected to report the fastest growth in the global bionic market in the next 6 years.

The global bionic market is spread across North America, Europe, Asia Pacific, and the Rest of the World. North America is the incumbent leader in this global market and analysts expect it to report the highest growth of all regional segments of the market in the coming years on account of the increasing application of bionics as a substitute for organ transplants in the region.


Asia Pacific is the second largest market for bionics across the globe. It occupies over 20% of the overall market. It is also the fastest growing regional market owing to the presence of major economies such as Japan, China, and India. On the other hand, the bionics market in the Rest of the World is likely to witness sluggish growth owing to the high cost of bionic devices.

Global Bionics Market: Key Participants

Abiomed Inc., Asahi Kasei Medical Co. Ltd., Baxter International Inc., Sonova Holding AG, Medtronic Plc, SynCardia Systems Inc., HeartWare Inc., EKSO Bionics, and Ottobock Healthcare are the major players operating in the global bionics market. The rising disposable income in developing economies and increasing awareness among people pertaining to healthcare is expected to open new avenues for established players as well as new entrants in this market.

Driven by Demand for Higher Bandwidth, Global Structured Cabling Market

According to a new market report published by Transparency Market Research “Structured Cabling Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021”, structured cabling market was valued at US$7.11 bn in 2014 and is expected to reach US$11.45 bn by 2021, at a CAGR of 7.1% from 2015 to 2021.

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.

structured-cabling-market

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.