Semiconductor and Electronics

Hydronic systems are regulated for the generation, distribution, and transfer of thermal heating and cooling using hydronic controls. Various components such as actuators, valves, relays, and control panels are used in hydronic control systems. Hydronic controls are used to manage HVAC equipment in residential, commercial, and industrial environments. These are required to ensure the efficient use of power and maintain operability. The growth of the hydronic control market is driven by the need for efficient use of energy in buildings, the emergence of the construction market, and the trend of automation in commercial, industrial, and residential sectors in developing countries. However, factors such as lack of awareness about the benefits of hydronic controls and the high cost of skilled labor and installation hinder the market growth. The hydronic control market was valued at USD 31.00 billion in 2017 and is projected to reach USD 37.70 billion by 2023, at a CAGR of 3.1% from 201...

According to the new research report " Microgrid Market by Type (Grid Connected, and Remote/Island), Offering (Hardware, Software, and Services), Consumption Pattern (Urban & Metropolitan, Semi-urban, and Rural/Island), Vertical, and Region - Global Forecast to 2023" , The microgrid market is expected to grow from USD 22.22 billion in 2018 to USD 39.10 billion by 2023, at a CAGR of 11.97% between 2018 and 2023. The growth of the microgrid market can be attributed to the government initiatives to reduce carbon footprint, increasing demand for reliable and secure power supply worldwide, and the advantages of cheap and clean energy storage. Microgrid market for remote/island to grow at higher CAGR between 2018 and 2023 Microgrids are mainly of 2 types: grid connected and remote/island. Remote/island microgrids are mainly used to provide diverse power sources for geographically remote communities and developing countries. Along with the expansion of electricity in...

According to the new market research report " Micro-Location Technology Market by Application (Asset Management, Proximity Marketing), Technology (BLE, UWB, Wi-Fi, RFID), Offering, Vertical (Retail and Hospitality, Healthcare, Industrial, Transportation, Sports), & Geography - Global Forecast to 2024" , The micro-location technology market is projected to grow from USD 14.1 billion in 2019 to USD 34.1 billion by 2024 at a CAGR of 19.4%. Factors such as increasing importance of asset management across different industries; rise in the use of location-based mobile advertisement; high return on investment; growing adoption of mobile devices; and inefficiency of GPS in indoor premises are driving the market toward high growth. “Asset management to register higher CAGR in micro-location technology market during forecast period” The micro-location technology market for asset management application is expected to grow at a higher CAGR during the forecast period. The...

According to the new research report " Flexible AC Transmission Systems (FACTS) Market by Compensation Type (Shunt, Series, and Combined), Generation Type (First Generation and Second Generation), Vertical, Component, Application, Functionality, Geography - Global Forecast to 2024" , The flexible AC transmission systems (FACTS) market size is projected to reach USD 1.7 billion by 2024 from USD 1.2 billion in 2019, at a CAGR of 6.0%. Major drivers for the market’s growth are increasing benefits offered by FACTS, growth in transmission line, rising focus on energy generation using renewable sources, and surging demand for STATCOM devices for voltage control. Further, rising investment in transmission networks and potential opportunities in APAC are the opportunities for FACTS manufacturers. Voltage control application for FACTS to grow at higher CAGR during forecast period Shunt compensation of the FACTS family is used for voltage control applications. Static VAR co...

Millimeter Wave Technology market is expected to be worth USD 5.23 billion by 2025, at a CAGR of 41.5% between 2019 and 2025. The major factors driving the growth of the millimeter wave technology industry include the surge in mobile data traffic with bandwidth-intensive applications, use in the small-cell backhaul network, demand for innovative application of radar and security products, and potential use in consumer electronics. Mobile & telecom application to witness highest growth in millimeter wave technology market The millimeter wave technology market for the mobile & telecom application is expected to grow at the highest CAGR over the next six years owing to the expected commercialization of 5G technology, which needs millimeter wave technology-based components in its infrastructure. The products based on this technology are also used in industrial applications for level measurements in adverse environmental conditions as well as for networking purposes ...

According to the new market research report " Enterprise Manufacturing Intelligence Market by Deployment Type (Embedded, and Standalone), Offering (Software, and Services), End-User Industry (Automotive, Oil & Gas, Pharmaceutical, Food & Beverages), and Geography - Global Forecast to 2022" , the enterprise manufacturing intelligence (EMI) market is estimated to be valued at USD 1.53 Billion in 2016 and is expected to register a CAGR of 17.1%, to reach USD 3.95 Billion by 2022.The growth of this market is driven by the tough competition among manufacturing companies, growing need for enhanced operational efficiency, rising supplier complexity, and stringent regulatory framework in the highly regulated industries. “Embedded deployment to hold the largest share of the enterprise manufacturing intelligence market during the forecast period“ Embedded deployment type is expected to lead the enterprise manufacturing intelligence market between 2016 and 2022. The...

According to the new market research report " Fuel Management System Market by Offering (Hardware, Software, and Services), Application (Fuel Storage Monitoring, and Access Control & Fuel Dispensing), Industry (Transportation & Logistics, and Oil & Gas), and Geography - Global Forecast to 2023" , the fuel management system market is expected to grow from USD 515.9 million in 2018 to USD 707.4 million by 2023, at a CAGR of 6.52% between 2018 and 2023. The growth of this market can be attributed to the high demand for fuel management systems from the transportation and logistics industry for fuel storage monitoring, and access control and fuel dispensing applications. Access control and fuel dispensing applications to hold larger share of fuel management system market in 2018 By application, access control and fuel dispensing leads the fuel management system market. High demand for fuel management systems from the transportation and logistics, mining and...

According to the new market research report on the " Metamaterial Market by Material Type (Electromagnetic, Terahertz, Photonic, Tunable, and FSS ), Application (Communication Antenna, Windscreen, Solar Panel, Sensing, Display, and Medical Imaging), Vertical and Geography - Global Forecast to 2025" , this market is expected to be valued at USD 4,634.8 Million by 2025, at a CAGR of 63.1% between 2017 and 2025. The major factors driving the growth of the metamaterial market include variety in design functionalities, anti-glare coating applications, and invisibility cloak for stealth aircraft. Communication antenna expected to have the largest market size by 2025 Communication antenna accounted for the largest share of the metamaterial market based on application segment in 2016. The growth of this market can be attributed to the usage of antenna for major communication applications such as satellite communication, Wi-Fi routers and radar communication. Download ...

According to the new market research report “ Automatic Checkweigher Market by Type (Standalone Systems, Combination Systems), Technology (Strain Gauge, EMFR), Industry (Food & Beverages, Pharmaceuticals, Consumer Products, Cosmetics, & Personal Care), and Region - Global Forecast to 2024”, the automatic checkweigher market is expected to grow from USD 238 million in 2019 to USD 289 million, at a CAGR of 4.0%. Factors that augment the growth of the automatic check market include growing awareness among manufacturers about deployment benefits of automatic checkweighers and tightening regulatory norms pertaining to the packaging of goods. “Market for EMFR technology-based automatic checkweighers  to grow at higher CAGR during forecast period“ EMFR load cells provide very fast and highly accurate results than those of strain gauge load cells. The EMFR load cell permits production to start instantly after cleaning, without any adverse impact on accuracy. With EMFR ...

According to the market research report " Electric Heat Tracing Market by Type (Self-Regulating, Constant Wattage, Mineral-Insulated, Skin Effect), Application, Vertical (Oil & Gas, Commercial, Power & Energy, Residential, Food & Beverages) and Geography - Global Forecast to 2023" , the overall market is expected to be worth USD 2.39 Billion in 2017 and is expected to reach USD 3.26 Billion by 2023, at a CAGR of 5.3% between 2017 and 2023. The increasing adoption of electric heat tracing systems over conventional steam tracing systems and low maintenance cost of electric heat tracing systems compared to steam tracing are the major drivers for the electric heat tracing market growth. “Self-regulating cables expected to hold a major share of the electric heat tracing market between 2017 and 2023" Self-regulating cables led the electric heat tracing market in 2016. Self-regulating cables are offered by most industrial heat tracing manufacturers. Self...

According to the new market research report, “ Control Valve Market by Material, Component (Actuators, Valve Body), Valve Size, Valve Type (Rotary and Linear), Industry (Oil & Gas, Water & Wastewater Treatment, Energy & Power, Chemicals), and Region - Global Forecast to 2025” the control valve market is estimated to grow from USD 8.0 billion in 2019 to USD 11.3 billion by 2025, at a CAGR of 5.9%. Rising demand for energy in APAC, increasing adoption of valves in oil & gas production-related firms in GCC countries, growing need for the connected network to maintain and monitor various equipment in plants, and surging focus on establishing new nuclear plants and upscaling of existing ones are the key driving factors for the control valve market. Oil & Gas to account for the largest size of the control valve market from 2019 to 2025 Oil & gas is expected to be the key end-user industry for the control valve market. In oil & gas process plants, there...

The load monitoring system market is estimated to be USD 2.6 billion in 2018 and is expected to reach USD 3.3 billion by 2024, at a CAGR of 4.0% during the forecast period. Load monitoring system is a combination of load cells, load indicators and controllers, and data logging software. Load monitoring system is based on analog or digital technology and used in various industries such as automotive, marine, food & beverages, agriculture, healthcare, aerospace, construction, and oil & gas. Rise in demand for load monitoring system in healthcare, increase in use of load monitoring system for testing and monitoring aircraft parts, decline in instrumental errors owing to technological innovations in load cells, and increase in demand for remote load monitoring are the major factors driving the growth of the market. The market for indicator and controller is expected to grow at the highest CAGR during the forecast period. The indicators and controllers are basically display ...