Hardware and Semiconductor
Technavio, a global market research firm, has announced the launch of its upcoming market research report on nanomagnetics for the period of 2017 to 2021. This upcoming market research report analyzes the key trends and drivers affecting the market landscape for the semiconductor equipment sector to estimate the overall growth potential for the global hardware and semiconductor industry. While analyzing the market scenario, several semiconductor equipment manufacturing professionals have observed that the semiconductor industry is witnessing profound advancements and progressive trends, which will create numerous business opportunities, both globally and regionally, to impact the overall industry’s growth. Our actionable market intelligence reports provide information on some of the leading vendors in the semiconductor equipment sector including Novanta, Rofin-Sinar Technologies, Han’s Laser, IPG Photonics, Konica Minolta, LG, Osram, Samsung, Tokyo Electron, Amkor Technology and Hitachi.
Keeping in mind the fast-trending nanotechnology within the semiconductor equipment industry, research analysts at Technavio have focused on several market insights to provide an intensive market analysis of the growth prospects and latest developments for the
Overview of the global barcode scanner market
Technavio’s market research analyst predicts the global barcode scanner market to grow steadily at a CAGR of above 4% by 2021. One of the primary drivers for this market is the rise in the adoption of 2D barcodes. The introduction of 2D barcodes has revolutionized the global barcode scanner market significantly. 2D barcodes, such as QR, Data Matrix, and Portable Data File (PDF)417, are being increasingly adopted across various industries, such as the retail, healthcare, and transportation and logistics. Among all the available 2D barcodes the QR bar code is the most popular. This is primarily due to its ability to be scanned even by mobile devices such as smartphones and tablets. Also, QR codes can be read easily because of their ability to hold information both horizontally and vertically. Moreover, they capacity to contain ten times more information than a 1D barcode will increase the market penetration of the 2D barcodes, this, in turn, will propel the growth of the barcode scanner market during the forecast period.
In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The dominance of the barcode scanner market in the Americas can be attributed to the early adoption of the automatic data capture (ADC) devices. Also, the presence of numerous retail chains that have stores in the region will also contribute to the barcode scanner market in the region during the next four years.
Competitive landscape and key vendors
The global barcode
Overview of the global nanopatterning market
Technavio’s market research analyst predicts the global nanopatterning market to grow steadily at a CAGR of around 23% by 2021. One of the primary drivers for this market is the development of nanotechnology. Nanotechnology is the ability to influence the atoms, with an objective to influence their core properties and characteristics. The technology makes use of nanoscience to build up an ecosystem around the concept. Many semiconductor components are manufactured using technologies such as quantum dots, carbon nanotubes, and other nanoparticles. For instance, nanosensors can be embedded into the construction of a building to monitor its health and surrounding weather conditions, which will provide vital information about the general state of the structure. The sensors can also be used to monitor concrete corrosion and cracks within the structures. These advantages will compel manufacturers to adopt nanotechnology, this, in turn, will propel the global nanopatterning market in the coming years.
In terms of geography, APAC accounted for the maximum market share during 2015 and will continue to dominate the market for the next few years. The presence of many prominent semiconductor foundries like TSMC, Samsung, and SMIC is creating the majority demand for nanopatterning in the region. The region has a few key countries such as Taiwan, South Korea, Japan, and China that contribute heavily to the market demand as they house most of the major semiconductor device manufacturers. Moreover, the rapid adoption of nanopatterning in the
Overview of the global sputtering equipment market
Technavio’s market research analyst predicts the global sputtering equipment market to grow steadily at a CAGR of around 4% by 2021. One of the primary drivers for this market is the rise in the demand for miniaturized ICs. Miniaturized products are used in autonomous systems that use electronic devices manufactured using the latest technology. This is done to meet the increasing demand for compact electronic devices in sectors such as telecommunication, automotive, industrial manufacturing, and healthcare. Miniaturized semiconductor circuits like the neuromorphic chips are a combination of memristors and transistors that are deployed over a silicon fabrication chip. They are very small and are integrated into different end-user products. Also, the increased deployment of neuromorphic chips in electronic devices used in the aerospace and medical sectors will propel the growth of the sputtering equipment market during the forecast period.
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 presence of several semiconductor foundries in South Korea, Taiwan, and Japan is the major reason for the dominance of this region in the global market. Moreover, the strong economic growth of the developing countries coupled with rapid advances in IC design will induce growth in the sputtering equipment market in the coming years.
Competitive landscape and key vendors
The global sputtering equipment market is witnessing intense competition due to the presence of established players holding major parts of the market share. In an attempt to dominate the global market, vendors are growing inorganically by
Overview of the global timing controllers market
Market research analysts at Technavio predict that the global timing controllers market will grow steadily during the next four years and post an impressive revenue of more than USD 7 billion by 2021. This market research analysis identifies the increasing unit shipment of smartphones as one of the primary growth factors for this market. It has been observed that the during 2016, there was a significant demand for timing controllers for smartphones. In the coming years, the demand for smartphones will increase considerably especially from the countries such as China, India, Brazil, and South Africa. 2016 witnessed a shipment of more than a million smartphones and according to our analysts, there will be a substantial increase in smartphone shipments in the coming years. With smartphone manufacturers increasing production to meet the growing demand, this increase in the demand for smartphones will subsequently fuel the growth of the timing controllers market.
The coming years will witness an increase in the demand for slimmer and lighter devices which will induce manufacturers to develop thinner and flatter displays. The availability of slim TFT-LCDs for making thin LCD glass substrates will rise the demand for TFT LCD displays since they are eco-friendly and cost-efficient. Few display manufacturers such as Samsung are also adoption new technologies such as quantum dots which will not only enable the production of thinner LCD displays but also increase their resolution and performance. Such advancements result in the need for customized timing controllers or Tcons, in turn, boosting market growth.
Competitive landscape and key vendors
The market is characterized by
Overview of the global quantum dots market
The global quantum dots market is anticipated to grow rapidly and post a CAGR of more than 120% during the forecast period. The increasing need for energy-efficient devices will drive the growth prospects for the global quantum dots market for the next four years. A large number of nations are looking for eco-friendly and renewable sources of energy that results in less CO₂ emission. Some of the major factors responsible for the growing popularity of renewable sources of energy are high-energy prices and unexpected nuclear disasters. Also, various countries are encouraged to adopt energy-efficient electronic devices such as energy star rated laptops, air conditioners, irons, televisions, and microwaves. Also, quantum dot display technology reduces the overall household electricity bill for television as it uses less power in comparison to LCD TVs. Moreover, it has been observed that the low-power consumption property of quantum dot display technology improves the battery life of electronic devices such as smartphones and tablets. According to the industry research report, due to the growing adoption of quantum dot technology in display devices such as tablets, smartphones, and TV, the customer base for the vendors will expand in the coming years.
A large number of different applications of quantum dot technology will drive the growth prospects for the global quantum dots market until the end of 2021. Some of the major applications and benefits of quantum dot technology which will drive market growth is its growing use in cancer surgery, extraction of solar energy through windows, perovskite PV, and graphene.