Hardware and Semiconductor

Format: 2016-07-27
Format: 2016-07-27
July 22, 2016 | 54 Pages | SKU: IRTNTR8713

Outlook of the chip-on-board (CoB) LED market in APAC

Technavio’s market research analyst predicts the chip-on-board (CoB) LED market in APAC to grow at a CAGR of around 35% during the forecast period. Much of this market’s strong growth can be attributed to the advent of stringent regulations about the utilization of high energy-consuming lighting sources and subsidies for the adoption of LED lighting equipment. In this region, many countries are promoting the use of energy management solutions by replacing the existing sodium and halogen street-lighting systems with advanced and energy efficient CoB LED systems. This rising preference for energy efficiency among the countries in APAC will result in the augmented adoption of CoB LEDs during the forecast period.

The rising demand for energy-efficient and high-quality devices will impel the prospects for market growth until 2020. Recently, it has been observed that the demand for high-quality and energy-efficient light sources that have a longer lifespan is increasing. The flexible design of LEDs allows lighting system controls to be used more efficiently than traditional lighting sources. Their rational design coupled with the presence of micro lens molding will allow these devices to avoid the defects of point and glare light. Benefits such as its improved color-rendering index will result in its increased adoption during the forecast period.

Segmentation by application and analysis of the CoB LED market in APAC

  • General lighting industry
  • Automotive industry
  • Backlighting industry

The general lighting industry segment currently dominates this market and is envisaged to account for a market share of more than 66% by 2020. Much of this segment’s growth can be attributed to the advent of stringent regulations that necessitate the


July 21, 2016 | 85 Pages | SKU: IRTNTR9178

Global outlook of the connectivity enabling technology market

Technavio’s market research analysts have predicted that the global connectivity enabling technology market will grow steadily during the forecast period and will post a moderate CAGR of about 3% by 2020.Voice over mobile broadband provides end-to-end connectivity for standard mobile phone calls over mobile broadband networks such as Wi-Fi, long-term evolution (LTE), and high-speed packet access. It also offers several advantages for telecom carriers such as high-quality audio, cost reduction per subscriber, improved spectral efficiency, and user terminal power savings and has the ability to offload voice capacity to other technologies. This will lead to the adoption of VoWi-Fi. The technology has been in the industry for a long time and is expected to gain considerable traction in the telecom sector in the coming years. The technology allows users to make calls over any network without the requirement to download any other application. This will increase the demand for Wi-Fi-enabled devices and will, in turn, lead to the growth of the market.

This market research and analysis estimates that in terms of geographical regions, APAC will dominate the connectivity enabling devices market based on Bluetooth technology and the Americas will dominate the market based on ZigBee and Wi-Fi technology. North America is the largest regional market for Wi-Fi chipsets in the Americas where the US is the major revenue contributor. The growth of the market in the Americas is mainly due to the availability of established infrastructure and the high penetration of Wi-Fi-enabled smartphones and tablets. The availability of low-cost smartphones in countries such as India and China and the increasing usage of e-commerce portals will lead to the rise in sales of


July 21, 2016 | 54 Pages | SKU: IRTNTR8509

Market outlook of the large area LCD display market

Technavio’s research analyst predicts the global large area LCD display market to grow at a CAGR of 3% during the forecast period. The formation of UHD alliances is the primary growth driver for this market. During 2015, supply chain members of the global UHD TV market announced the formation of the UHD Alliance to support innovative technologies including 4K and higher resolution, high dynamic range, immersive 3D audio, and wider color gamut.

The decline in ASP of the LCD panel is expected to boost the market growth during the forecast period. During 2014, per meter square, ASP of LCD panel was $472, which declined to $416 during 2015. Vendors reduced the ASP to reduce excess inventory. The declining per square meter ASP of LCD panel drove the shipment of LCD display in terms of area.

Product segmentation and analysis of the large area LCD display market

  • TVs
  • Notebooks
  • Monitors
  • Tablets
  • Others

During 2015, the TV segment dominated the large area LCD display market with a market share of 38%. The primary reason for the growth of this product segment was the strong demand for 4K TVs of 40 inches and larger screen size. During 2015, several manufacturers introduced 4K TVs ranging from 50 inches and above.

Geographical segmentation and analysis of the large area LCD display market

  • Americas
  • APAC
  • EMEA

During 2015, APAC accounted for 81% of the market share and is expected to grow at a CAGR of 1% during the forecast period. The high concentration of display device manufacturers and LCD panel manufacturers in this region are the primary growth


July 21, 2016 | 58 Pages | SKU: IRTNTR8681

Outlook of the global microfluidic market for healthcare applications

Technavio’s market research analyst predicts the global microfluidic market for healthcare application to grow at a CAGR of about 18% during the forecast period. A major factor that propels growth in this market is the development of equipment that aid in patient monitoring. Microfluidic devices will have a significant impact on clinical and biomedical applications as they help in the monitoring and prevention of diseases like cancer, cardiovascular diseases, and diabetes. Furthermore, their ability to reduce the rising cost of healthcare around the world will result in its augmented adoption during the predicted period.

Increasing instances of lifestyle-related diseases, which are associated with the excessive use of tobacco and alcohol and poor diet will also aid in the growth of this market. The WHO has warned that public policies are required for the prevention of lifestyle-related diseases as they lead to high blood pressure, high cholesterol levels, and high incidence of diabetes. Consequently, microfluidic chips are increasingly being used in the healthcare sector as they aid in the rapid testing and identification of such conditions in patients.

Geographical segmentation of the microfluidic market for healthcare applications

  • Americas
  • APAC
  • EMEA

In terms of geography, the Americas dominate this market and is anticipated to grow at a CAGR of around 16% during the forecast period. Factors like the presence of a large number of leading market players for microfluidic devices and the presence of a developed health care system will aid in the growth of this market in the Americas.

Competitive landscape and key vendors

The microfluidic market for healthcare application is


July 20, 2016 | 83 Pages | SKU: IRTNTR8688

Outlook of the global heads-up display market

Technavio’s market research analyst predicts the global heads-up display market to grow steadily at a CAGR of around 40% during the forecast period. The emergence of augmented reality (AR) is the primary growth driver for this market. AR is an emerging technology that permits the overlay of computer graphics into the real world. AR generates a comprehensive view, which is a combination of the real scene viewed by end users and an augmented, computer-generated virtual scene with additional information. In the automotive sector, AR heads-up displays present a virtual image of the road, thus, ensuring a safer driving experience. In the aviation sector, heads-up displays are helpful for both military and civil aircrafts and helicopters, as they offer features like the large angle of attack, flight path vector and acceleration cues, target altitude and speed, flashing markers, flight director, and flight path reference cue for landing.

The increased funding for military modernization programs in APAC and the Middle East is expected to boost the prospects for market growth during the forecast period. For instance, in 2015, India announced an investment of $25 billion for the purchase of 127 fifth-generation stealth fighter aircraft from Russia. This will increase the fitment rate of heads-up displays in technologically advanced aircraft and helicopters, which in turn will impel market growth in this market.

Segmentation by end-users and analysis of the heads-up display market

  • Automotive
  • Civil aviation
  • Military aviation

In terms of unit shipments, the automotive application segment dominated this market and accounted for a market share of around 99% in 2015. One of the major reasons for this segment’s growth is the tightening of


July 19, 2016 | 62 Pages | SKU: IRTNTR8517

Outlook of the global PIR motion sensor market

Technavio’s market research analyst predicts the global passive infrared (PIR) motion sensor market to grow at a steady CAGR of around 11% during the forecast period. The increasing military and defense expenditure of various countries is likely to drive the PIR motion sensor market during the predicted period. Since these sensors are primarily used for target discrimination, they can detect and localize moving targets. Many countries in South Asia, Eastern Europe, and the Middle East have increased their military budget for R&D activities to develop more equipment and to upgrade their existing detecting and tracking technologies. This increase in the military spending is likely to create a demand for PIR sensors.

The recent increase in public construction projects is expected to drive market growth until the end of 2020. Recently, it has been observed that new construction projects like public buildings, private residences, office buildings, shopping complexes, and airports are installing systems such as automatic doors, escalators, and automatic taps, which deploy PIR motion sensors.  This increase in the construction of public buildings and office buildings, which require PIR motion sensors for the efficient functioning of escalators and automatic doors, will result in the augmented adoption of such sensors during the estimated period.

Application-based segmentation of the PIR motion sensor market

  • Security application
  • Commercial application
  • Smart home application
  • Military and defense application

The security application segment currently dominates this market and is expected to grow at a CAGR of around 7% until 2020. PIR sensors are highly cost effective and are considered to


Pages