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 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 printed electronics market
Market research analysts at Technavio predict that the global printed electronics market will grow steadily during the next four years and post a CAGR of more than 8% by 2021. This market research analysis identifies the increasing demand for OLED in flexible electronics as one of the primary growth factors for this market. Due to their low manufacturing costs and increased sustainability, OLEDs are increasingly used to make flexible and transparent panels that are color-tunable. Since OLEDs are mainly used in curved, wearable, and transparent displays, there is an increasing adoption of printed electronics for their manufacture. The increasing demand for OLEDs in electronic devices such as mobile phones, digital cameras, and VR headsets will consequently drive the growth the printed electronics market.
This market research and analysis estimates that in terms of geographical regions, APAC will be the major revenue contributor to the market throughout the next four years. The presence of several semiconductor foundries in this region and the presence of major electronics manufacturing companies in countries such as China, Japan, India, Taiwan, and South Korea, will be major factors fueling market growth in this region.
Competitive landscape and key vendors
The market has witness several acquisitions and mergers where the large printed electronics companies acquire new and small regional players to increase their global reach and improve market shares. Vendors are also focusing on new technologies such as inkjet to produce high
Overview of the global oscilloscope market
Technavio’s market research analyst predicts the global oscilloscope market to grow steadily at a CAGR of around 6% by 2021. One of the primary drivers for this market is the rise in the global connected cars market. Increasing demand for safety features in automotive vehicles has compelled automotive OEMs to attach more importance to the safety features in their vehicles. This rise in the demand for more enhanced safety has propelled manufacturers to integrate smart features in vehicles. To cater to this rising demand, the automotive OEM’s are providing connectivity solutions in their vehicles that incorporate communication technologies to create an automatic system. With rising consumer demands for automatic systems like augmented navigation, which includes heads-up displays (HUDs), intuitive and multi-modal user interfaces, multimedia support, and a new generation of automotive cloud services, the market share of the oscilloscope market is expected to rise 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. According to this market research, the consumer electronic market segment dominates the oscilloscope market in the region. Increasing disposable income and urbanization are driving the demand for consumer electronic devices, which has induced growth in the oscilloscope market. Owing to this market growth, APAC has the highest concentration of consumer electronics manufacturers and electronic component manufacturers in the world. The high concentration of manufacturers in the region has resulted in the demand for test and measurement instruments such as oscilloscopes. Also, rapid
Overview of the global mobile phone turbochargers market
The global mobile phone turbochargers market is anticipated to grow at a steady rate and will post a CAGR of more than 9% during the forecast period. The increasing demand for mobile applications will drive the growth prospects for the global mobile phone turbochargers market until the end of 2021. The development of new mobile apps for various purposes such as entertainment, hotel booking, tours and travel, movie booking, and staying fit helps the users by making their life more easy and comfortable. Such web applications can be accessed by anyone having a smartphone or a tablet that provides an easy-to-use interface and connectivity via their OS to run these apps. In addition, the OS of tablets provides added advantages of mobility and large screen displays. The growing popularity of apps will boost the demand for tablets and smartphones, which, in turn, will drive the adoption of mobile phone turbochargers.
In terms of geography, APAC accounted for the majority of market shares during 2016 and will continue to dominate the market for the next four years. Some of the major factors responsible for the market’s growth in the region is the widespread acceptance of mobile phone turbochargers and high penetration of premium smartphones and tablets in the US and Canada.
Competitive landscape and key vendors
The global mobile phone turbochargers market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. These vendors are increasingly focusing on the development of new technologies in the manufacturing of mobile phone turbochargers.
Global outlook of the non-optical sensors market
Technavio’s market research analysts predict the global non optical sensors market to grow steadily during the forecast period and post a CAGR of almost 9% by 2021. This industry research report identifies the increased importance of temperature sensors in food, beverage, and oil and gas industry to be one of the major factors that will have a positive impact on the growth of this market in the coming years. The need to ensure the quality assurance of food products across the various stages of production induces food and beverage manufacturers to maintain optimal temperatures to maintain the freshness of their food products. This will increase the demand for temperature sensors, in turn, aiding market growth. Additionally, temperature sensors are increasingly used by the oil and gas industry in reading the temperature of machine drills to eliminate the possibility of machine overheating or break down due to high temperatures, which will also drive the growth of the non-optical sensors market in the coming years.
One of the major factors that will gain traction in this market is the growth in demand for distributed temperature sensors (DTS) that can be used to continuously record temperatures. DTS has high accuracy in determining temperature over long distances and have several other advantages including cost-effectiveness, immunity to shock and vibrations, and reduced uncertainty. Moreover, their miniature size makes it easy to fit them fit into pipes and ducts and there will be an increase in their adoption especially in long length applications
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.