Global outlook for the chip crushers market
The global chip crushers market is anticipated to grow steadily and will post a moderate CAGR of more than 1% over the forecast period. With rising environmental concerns and increasing focus on sustainable development, the market for chip crushers is anticipated to have a positive outlook in the coming years. Due to the rising concerns regarding global warming, countries such as India and China are raising their use of scrap iron to reduce their carbon footprints. Recycling scrap not only improves the industry’s economic viability but also reduces the environmental impact by eliminating the need for iron ore extraction for steel production. This results in the significant reduction of harmful carbon dioxide emissions, saves energy and water consumption, and also reduces air pollution. Due to these efficiencies, steel scrap has become a choice source of raw material for steel producers, which is impelling the growth prospects for this market until the end of 2020.
In this industry research report, the market research analysts have deduced factors such as the presence of cost-effective solutions for chip management is expected to bolster this market’s growth in the future. Effective chip management has several financial advantages that the manufacturers can capitalize on to increase their profit margins. The scrap obtained from clean, consistently sized, dry chip is very high, as they can be used as raw materials by any vendor, irrespective of their capacity to dry and size them. Moreover, these dry chips provide a remarkably high-grade re-melt value, as they have been separated from the cutting fluids, bar ends, and other contaminants. The availability of high-quality dry chips is critical in achieving a top-notch end product, which will lead to an augmented demand for crushed metal chips over the next four years.
GaAs devices possess the ability to handle higher frequencies. Therefore, these devices have been the preferred technology for wireless applications for space service. Moreover, the augmented demand for commercial broadband applications and the increasing demand in the wireless communication sector including tablets, smartphones, and home systems. GaAs process technology is broadly recognized as one of the best technologies for the production of high-frequency, high-power, and low-noise products for these applications.
The report, global GaAs wafer market, is part of Technavio’s hardware and semiconductor research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as computing devices, displays, embedded systems, human machine interface, lighting, semiconductor equipment, and sensors. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.
Overview of the global semiconductor laser treatment market
Market research analysts at Technavio have predicted that the global semiconductor laser treatment market will grow steadily at a CAGR of more than 11% by 2020. The rising importance of physical appearance will contribute to the growth of the cosmetic treatment industry in major countries such as the US, Japan, Brazil, and South Korea. As a result, the use of medical laser therapy in non-surgical medical procedures is becoming common in these regions. Non-invasive laser procedures are used in fields such as dermatology, ophthalmology cardiovascular, cosmetic surgery, and also in oncology-related surgery. The growing preference of customers for treatments that provide quick results in a short time has resulted in the rapid increase in the adoption of aesthetic clinical treatments. This, in turn, will increase the demand for private clinics that offer cosmetic treatments like liposuction, breast augmentation procedures, and anti-aging treatments.
Continuous R&D investments and ongoing clinical trials will result in the introduction of better product designs that incorporate advanced technological features. Technological advancements coupled with infrastructure advances will lead to an increase in healthcare expenditure in the coming years. Countries will have the need to exponentially increase their healthcare expenditures to provide basic health insurance coverage, develop a primary healthcare service system, and also to improve the availability of medication in rural and suburban areas. This will result in the formation of
Outlook of the global USB car charger market
Technavio’s market research analyst predicts the global USB car charger market to grow at a CAGR of approximately 4% during the forecast period. Since this market is an integral part of the global automobile industry, an increase in the global automobile sales will indirectly propel the growth of the USB car charger market during the forecast period. Though the automobile industry is facing several challenges, the overall production and shipments of vehicles are anticipated to increase on a year-on-year basis. The USB car charger is an added accessory that helps an individual to easily charge a cell phone in the car, instead of finding another power source.
The advent of multichannel retailing is a key factor that will impel the prospects for growth in this market. The primary objective of using multichannel retailing is to enhance the consumer experience by giving them a choice to buy products based on their convenience. Factors such as the sale of USB car chargers using such retailing options and the high demand for USB car chargers due to rising adoption of smartphones and tablets will spur growth in this market during the forecast period.
Geographical segmentation of the USB car charger market
In this market research, analysts have estimated the Americas to be the largest market for USB car chargers during the forecast period. The market in this region is saturated and is, therefore, anticipated to grow moderately at a CAGR of around 1% during the forecast period. Factors such as the early adoption of smartphones and tablets and the proliferation of mobile internet will impel market growth in this region. However, it has been estimated that regions like the APAC will surpass
Overview of the global organic light emitting diode (OLED) market
According to the market research analysts at Technavio, the global organic light emitting diode (OLED) market is estimated to witness exponential growth and will post an impressive CAGR of nearly 15% over the forecast period. The increasing demand for OLED technology in the automobile industry is likely to propel the growth prospects for this market in the coming years. The automobile manufacturers are undergoing huge transformation with respect to the usage of OLED technology in display and lighting products in vehicles. These manufacturers are deploying OLED dashboards for navigation purposes and OLED video entertainment displays in cars for better image quality. Also, with the help of OLED technology, vehicle manufacturers can use improved luminaires and lamp designs for interior lighting applications.
In terms of geography, APAC led the OLED market and is expected to account for nearly 51% of the market’s revenue share by 2020. The OLED market in APAC is anticipated to grow at an exponential rate owing to the presence of prominent vendors like LG and Samsung. Furthermore, with the emergence of several Chinese vendors in the market, APAC’s OLED market will have a positive outlook until the end of 2020.
Competitive landscape and key vendors
The level of competition in the market is moderate as LG and Samsung are the only dominant vendors in the global OLED market. As a result, most smartphone manufacturers rely on both these companies for mobile device displays. Additionally, it has also been observed that the level of competition in this market will not increase as developing the infrastructure required to manufacture OLEDs is
Outlook of the global SSL and fluorescent lighting market
Technavio’s market research analyst predicts that the global SSL and fluorescent lighting market will grow at a steady CAGR of around 15% during the forecast period. The introduction of energy-efficient lighting technologies is expected to drive the demand for lighting products over the years. The governments of many countries are focusing on promoting energy-efficient lighting technologies by banning the use of incandescent bulbs. The rise in the adoption of halogen, compact fluorescent lamp (CFL), linear fluorescent bulbs (LFL), and light emitting diode (LED) lighting technologies, especially in the residential and corporate segments, has boosted the growth of this market. Due to the growing awareness of green technology, manufacturers have started focusing on energy-efficient and environment-friendly lights like LEDs. Furthermore, the intelligent lighting used in stage and architectural lighting provides energy and cost benefits to users as it is a programmed software that automates the intensity and duration of lighting.
The recent decline in the manufacturing cost of LED lighting products is one of the key trends gaining momentum in the market. The decline in ASP of chips and components used in the manufacturing process of the LEDs has allowed vendors to manufacture such products at low prices. The penetration of LED lights in this market will witness a drastic increase as these lighting products are energy-efficient lighting sources and provide more light intensity compared to other traditional lighting sources.
Segmentation by application and analysis of the SSL and fluorescent lighting market
- Architectural segment
Almost every step forward in technology today comes as a result of advancements in the semiconductor industry.
The semiconductor industry is one of the largest global industries, with implications in nearly every field. The ability to produce a device that is smaller, faster, and more functional than its predecessor completely depends on how far the semiconductor industry has progressed.