Overview of the global semiconductor fabrication software market
The global semiconductor fabrication software market is anticipated to grow at a steady rate and will post a CAGR of close to 2% during the forecast period. The increasing adoption of fin-shaped field effect transistor (FinFET) architecture will drive the growth prospects for the global semiconductor fabrication software market until the end of 2021. The market has witnessed a major shift from planar FET designs to FinFET architecture design due to the advent of new technological platforms such as the internet of things (IoT) and the growing demand for smart electronic devices such as smartphones, digital cameras, notebooks, PCs, PDAs, and tablets. Some of the major factors responsible for the growing adoption of FinFET architecture is the increasing need for improving the performance and reducing power consumption. It has been observed that FinFET architecture is faster, consumes less dynamic power and reduces the static leakage in comparison to planar FET.
Theincreasing need for semiconductor memory devices will drive the growth prospects for the global semiconductor fabrication software market for the next four years. With the increasing high growth potential of semiconductor memory market devices, the semiconductor fabrication software market is witnessing a huge shift from the logic, analog, and discrete devices to memory devices such as the 3D NAND and 3D DRAM. Some of the benefits of this shifting trend include devices that have more resistance to vibration, low chances of corruption due to impact, and less possibility of data loss.
Global outlook of the visible light communication (VLC) market
Technavio’s market research analysts predict the global VLC market to grow steadily during the forecast period and post a tremendous CAGR of almost 78% by 2021. This industry research report identifies the advantages of visible light communication including faster and safer data transfer to be one of the major factors that will have a positive impact on the growth of this market in the coming years. Unlike other technologies that use radio waves, VLC systems use light and have been observed to be several times faster and more secure than the other competing technology like Wi-fi. As a result, it is being adopted by corporate organizations for secure and fast data exchange and file transfers Moreover, VLC technology can also be applied in almost all environments including water and also eliminates interference with electronic circuitry. Such benefits will increase the adoption of this technology among more end-user sectors, subsequently fueling market growth.
This market research and analysis estimates that in terms of geographical regions, the Americas will be the major revenue contributor to the visible light technology market throughout the next four years. Countries such as the US, Canada, and Brazil are increasingly focusing on phasing out incandescent lamps and adopting energy-efficient lighting such as LEDs. Such developments will help in the growth of the market in the Americas.
Competitive landscape and key vendors
Though the market is currently at the nascent stage, it is characterized by the presence of a considerable number of vendors and is extremely
Overview of the global wireless chargers market
The global wireless chargers market is anticipated to grow rapidly and will post a CAGR of more than 26% during the forecast period. The increased use of electric vehicles will drive the growth prospects for the global wireless chargers market for the next four years. According to the industry research report, the trend for Plugless Electric cars, which comprises of a pad on the ground and a receiver mounted on the underside of the vehicle is increasing with the growth of the wireless technology sector. The electric car is parked over a special charging pad on the ground to transmit power without wires. Some of the major advantages of these electric vehicles include improved air quality system and reduced noise. Moreover, to manufacture a high power wireless charging product, a large number of vendors are entering joint ventures. Furthermore, with the increasing growth of the EV market, the demand for wireless chargers is estimated to surge in the coming years.
In terms of geography, APAC accounted for the maximum market share during 2016 and will continue to dominate the market in the forthcoming years. One of the major factors responsible for this dominance is the presence of early adopters in the market such as China, Japan, and South Korea. Also, a constant demand for smartphones and the availability of affordable smartphones in emerging markets in the region drives the worldwide sales of these smartphones. For instance, more than
Overview of the global supercomputer market
Technavio’s market research analyst predicts the global supercomputer market to grow steadily at a CAGR of 7% by 2021. One of the primary drivers for the growth of this market is the rising demand for supercomputers from commercial customers. Businesses such as automotive makers, drug companies, aerospace manufacturers, oil companies, and even energy producers have increased the purchase of supercomputers in order to gain a competitive edge. Commercial customers use supercomputers to run engineering and advanced analytical models on commodity clusters. The exponential rise of data availability has resulted in commodity solutions hitting performance and capability limitations. To bridge this gap, businesses are looking at high scalability using tightly integrated supercomputers. These devices can deliver better results in smaller time periods, subsequently helping businesses to generate a better ROI on their investments. For instance, supercomputers are being used in the energy market for the analysis of oil and gas deposits and for developing extraction strategies. Moreover, supercomputer systems allow the company to run some of the largest and highly complex seismic imaging models, this advantage can help businesses in achieving better revenue and market shares.
In terms of geography, APAC accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The market in APAC is primarily driven by China, Japan, and South Korea. Both China and Japan are investing significant amounts of capital for the
Overview of the global light-emitting diode(LED) lighting module market
Technavio’s market research analyst predicts the global light-emitting diode (LED) lighting market to grow steadily at a CAGR of around 20% by 2021. One of the key factors responsible for the growth of this market is the increasing government support and incentives for LED lighting. The governments across the globe are promoting the use and manufacture of LED lighting solutions. This is primarily due to the rising concerns about global warming and rapid depletion of non-renewable energy sources, which highlight the vital need for energy conservation. In 2016, it was observed that the lighting applications accounted for a major part of the global electricity consumption. Such high consumption rate has led several countries to frame policies that ban the use of inefficient lighting sources and promote the use of efficient lighting sources through subsidies and tax incentive programs. These incentives are being offered by different governmental and non-governmental entities. They are being offered by federal, state, and local governments or by utilities because of general efficiency requirements set by the government.
In terms of geography, APAC accounted for the maximum market share during 2016 and will continue to dominate the market over the next four years. Much of the region’s growth is primarily due to the unprecedented development in the LED lighting market in the region. APAC is witnessing increased demand for lighting solutions from the retail, office, and industrial sectors. The region is becoming a hub for sectors such as the retail, hospitality, and healthcare. Rapid urbanization and increased focus on improving infrastructure by governments of developing countries such as India, China,
Overview of the global mobile signal booster market
Technavio’s market research analyst predicts the global mobile signal booster market to grow exponentially at a CAGR of above 31% by 2021. One of the key factors for the growth of this market is the surging requirement to boost signal strength. The basic concept underlying the mobile signal boosters is their capability to amplify the signal strength. The increasing number of connected devices have resulted in higher spectrum utilization. Such rise in spectrum demand has led the mobile operators to utilize a higher range of frequencies, which can cater a higher number of customers. As a consequence, the capacity of a signal to travel longer distances lowers, as the wavelength of a signal and frequency are inversely related. To bridge this gap between the increasing number of users and adequate signal strength, the users depend on of signal boosters. With the increasing number of users, the vendors are compelled to utilize higher wavelengths, which in turn, will induce growth in the mobile signal booster market over the forecast period.
At present, technological advancements with low latency are gaining tremendous traction in this market. One of the biggest challenges faced by the signal booster manufacturers is matching the hardware and software of the booster device with the network hardware provided by the telecom software and hardware providers. To support this, vendors such as Nextivity have designed and developed advanced radio frequency and signal processing technology in their Cel-Fi baseband processors. These processors can support radio frequency (RF) signals with very low latency, this allows optimum operation between handsets and mobile networks and also supports latest technologies
This segment includes components and systems like duplexers, microprocessors, and microcontrollers. These devices are essential to every electronic device that is sold today. Advances in embedded systems, such as higher memory capacities, faster processor speeds, and higher power capacities are required for technological growth across all industries. Organizations need to be attentive to the advances in this field, as this technology shapes the future of hardware devices.