Tuesday, October 31, 2023

Flexible Heater Market Business Opportunities, Latest Innovations, Top Players and Forecast by 2030

flexible heater market is to reach USD 1,424 million by the end of the forecast period in 2027 from USD 905 million in the historic forecast period that had ended in 2019 at a CAGR of 8.1%.

The sudden outbreak of the COVID-19 virus has led to revising of projected growth rates which will be included in the report.

Competitive Outlook

Minco, Zoppas Industries, Tempco Temperature Measurement Pvt. Ltd, Chromalox, Inc., Honeywell International Inc., Electric Heater Corporation, OMEGA Engineering, Watlow Electric Manufacturing Co., Rogers Corporation, Smiths Group PLC, and Nibe Industrier AB are notable players of the global flexible heater market. Other players which constitute close to 35% of the market are All Flex Flexible Circuits & Heaters, MIYO Technology Co., Ltd, Durex Industries, Hotset India Private Limited, Nel Technologies Ltd, Thermo Heating Elements LLC, Holroyd Components, Bucan Electric Heating Devices Inc., Thermocoax, and Delta/Acra.

Manufacturers are joining hands with distributors to increase their market share globally. Recently, TurboFlex Heaters, All Flex, and others have agreed to partner with Digi-Key Electronics for increasing the supply options for flexible heaters for clients.

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Market Scope

The global flexible heater market and is expected to reach USD 1,424.6 million by 2023. It was valued at USD 905.1 million in 2017. It is likely to display a CAGR of 8.1% over the forecast period. The increase in battery operated devices and availability of devices with new power range options and customized sizes can drive the market demand.  Rising application of heating devices across industries, technologically advanced properties of heaters, and economical prices of custom heaters can work in favor of the market.

But high operational costs of heaters can impede the market growth.

Segmentation

The global flexible heater market has been segmented into type and end user.

By type, the market has been segmented into mica-based, silicone rubber-based, polyimide-based, polyester-based, and others. The silicone rubber-based segment is expected to lead in the global flexible heater market owing to use of heaters in semiconductor systems and electronic appliances.

By end user, the market has been segmented into oil & gas, electronics & semiconductor, aerospace & defense, food & beverage, medical, automotive, and others. The electronics & semiconductor segment is expected to contribute the most to the market owing to applications in copy machines, ATM machines, handheld scanners, and plasma etch systems.

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Regional Analysis

By region, the market has been segmented into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

Among the regions mentioned above, APAC is expected to be the dominating region by 2023 owing to a large electronics and semiconductor industry base. Moreover, the growth in the demand for flexible heaters in this region is due to the high manufacturing of medical devices, instruments of measurement, aerospace, and aviation equipment, and food processing devices. Various companies in the semiconductor and electronics industry are implementing flexible heaters in the kitchen appliances, such as refrigerators, to channel the heat flow properly. The higher economic growth of countries in Asia provides an additional advantage for the MNC’s to set-up their manufacturing base in this region.

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Virtual Reality (VR) Headset Market Projected to Hit USD 57.65 Billion at a 28.50% CAGR by 2030 - Report by Market Research Future (MRFR)             

Fiber Optic Cable Assemblies Market To Grow At USD 11.44 Billion by 2030 with a CAGR of 9.10% - Report by Market Research Future (MRFR)          

Traffic Management Market Size To Surpass USD 61.9 Billion, At A CAGR of 20.1% by 2030 - Report by Market Research Future (MRFR)          

Wireless Display Market Predicted to Cross USD 9.71 Billion, Growing at a CAGR of 11.20% by 2030 - Report by Market Research Future (MRFR)       

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Portable Gaming Console Market

Portable Gaming Console Market Analysis

The popularity of gaming culture has gained prominence globally, leading to the development of the portable gaming console market 2020. The consumer electronic devices reports are made by Market Research Future, which includes market options for progress. The market is poised to take over USD 17 Billion income while surging ahead at a 6% CAGR by 2027.

The upgrades in gaming equipment have played a central role in maintaining a high level of loyalty from the end-user, and this is predicted to motivate the portable gaming console market. Also, the ability to play games and easily download on handheld products is estimated further to enhance the portable gaming console industry in the future. The inclusion of 3D technology in gaming consoles is estimated to promote the market share for the portable gaming console market.

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Portable Gaming Console Market Segmental Analysis

The segmental evaluation of the portable gaming console market is carried out on the basis of type, product, platform and region. On the basis of platform, the portable gaming console market is segmented into Android, IoS, Windows and others. Based on the type, the portable gaming console market is segmented into tablet gaming consoles, mobile gaming consoles, and others. Based on the Product, the portable gaming console market is segmented into Xbox, EVO2, Playstation 4, Wii U, Ouya, Playstation Vita, Razer Switchblade Nintendo 3 DS, and others. Based on the Region, the portable gaming console market is segmented into the Asia Pacific, North America, Europe and other regional markets.

Portable Gaming Console Market Regional Analysis 

The regional examination of the portable gaming console market is being planned for regions such as Asia Pacific, North America, Europe and other regional markets. The regional market in the North American region is anticipated to control the international portable gaming console market with the principal market segment in the region. The nations of the U.S and Canada are the chief nations in the North American region. This is accredited to the enormous investments in the manufacture of diverse kinds of gaming console such as tablet gaming and video gaming consoles among others. The regional market in the Asia Pacific of portable gaming consoles is supposed to be the quickest mounting region over the forecast period owing to the upsurge in the quantity of electronic gadgets and incidence of a huge number of semiconductor producers. In addition, the European portable gaming console market is anticipated to have an extensive development of the portable gaming console market all through the forecast period.

Portable Gaming Console Market Competitive Analysis

The necessity to establish a unique advantage in the market is reviewed to have a substantial influence on the global market. The market is predicted to guide its future growth with the inclusion of a balance of innovation and continual product enhancement. Besides, the need to ensure that the long-term sustainable growth goals are not comprised due to the existing difficulties is foreseen to be extremely important for the market stakeholders. The trends predominant in the market are contributing considerably to the market’s progress. The market contenders are estimated to support the growth enabling factors and thus are estimated to pull the market out of the depression due to the ongoing global pandemic. The emphasis on accelerating growth is estimated to take the main stage in the forecast period. The need to effectively engage customers in all of their geographical markets is estimated to help the market overcome the hindrances being faced currently.

The well-known players functioning in the portable gaming console market are Nintendo Co., Ltd. (Japan), Sony Corporation (Japan), Sega Games Co., Ltd. (Japan), Nvidia Corporation (U.S.), Microsoft Corporation (U.S.), Mad Catz Interactive, Inc. (U.S.), NEC Corporation. (Japan), Atari SA (France), Mattel Inc. (U.S.), VTech (China) and Bit Corporation. (Taiwan) to name a few.

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Kids Smartwatch Market Worth USD 2.2 Billion at a 18.4% of CAGR By 2030- Report by Market Research Future (MRFR) 

Smart Watch Market is expected to reach USD 109.28 million at a 17.34 % of CAGR by 2030- Market Research Future (MRFR)  

Smart City Market to Reach USD 1549.86 Billion, at a 15.5% CAGR By 2030 - Market Research Future (MRFR)     

Wireless Charging Market is Anticipated to reach USD 22.22 Billion at a 22.2 % of CAGR by 2030- Market Research Future (MRFR)  

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Friday, October 27, 2023

Global VCSEL Market will reach USD 5.38 Billion by 2032, at a CAGR of 17.10% during the forecast period 2023-2032.


The VCSEL market is growing persistently due to the growing demand for optical communication solutions. Also, the demand for high-speed internet connectivity pushes market growth. According to Market Research Future (MRFR), the global VCSEL market value is projected to escalate from USD 1.3 BN in 2022 to USD 5.38 BN by 2032, growing at a 17.10% CAGR throughout the review period (2023-2032). 

Besides, the increasing demand for high bandwidth data centers and communication networks substantiates the VCSEL market size. The emergence of cutting-edge advanced optical solutions to serve several commercial markets, including astronomy, medical, ophthalmic, and semiconductor, drives the VCSEL market growth. 

Major Players

Leading VCSEL market players include

·        TRUMPF Photonic Components

·        Semtech Corporation

·        IQE plc

·        II-IV Incorporated

·        ams-OSRAM

·        Lumentum Operations LLC

·        Vixar Inc.

·        Hamamatsu Photonics K.K

·        WIN Semiconductors

·        Frankfurt Laser Company, among others. 

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The market penetration of cloud computing, data transfer & storage, and IoT propel the VCSEL market revenues. The increasing use of advanced and medical optic products in full detection systems escalates the VCSEL market value. Simultaneously, the increasing adoption of VCSEL in automotive and data management & telecommunications industries defines the future landscape of the market. 

Technological advancements influence market growth, driving the data transmission rate and the telecommunications industry across the globe. The proliferation of internet connectivity and connected devices in homes & industries positively impacts market growth. Furthermore, the demand for over-the-top (OTT) video content and increasing internet access boosts market growth. 

VCSEL Market- Segments 

The report is segmented into types, applications, and regions. The type segment is sub-segmented into single-mode and multi-mode. The application segment is sub-segmented into data communication, industrial heating, infrared illumination, and sensing. By region, the VCSEL market is segmented into the Americas, Europe, APAC, and the rest of the world.

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VCSEL Market- Geographical Analysis

North America dominates the global VCSEL market. The market growth is attributed to the enormous demand for optical communication technologies because the increasing data rates enable data collection and reduce operations complexity. Besides, the huge demand for improved bandwidth drives the market's growth. The North American VCSEL market is projected to dominate throughout the estimated period. 

VCSEL Market - Competitive Landscape

Highly competitive, the VCSEL market appears fragmented, with the presence of several well-established players. TIndustry players incorporate strategic approaches such as mergers & acquisitions, collaborations, expansion, and product/technology launches to gain a larger competitive share. Players make substantial R&D investments in developing innovative technologies and to upgrade their product portfolio. 

Industry players are customer-focused and have made the online market available for customers to ease the selection, order, and fast & reliable shipping. The market is likely to witness several new entrants who are technologically advanced and capture a significant portion of fast-moving markets in the coming years. 

Industry/ Innovation/ Related News: 

Sept. 06, 2023 -- Credo Technology Group Holding Ltd (CRDO) introduced the industry's first monolithically integrated CMOS VCSEL Driver, Dove 800D, and 410D PAM4 DSPs ICs helpful in accelerating time-to-market. Besides, the new Dove 800D and 410D PAM4 DSP ICs address the increasing bandwidth requirements of hyperscale customers, AI backend clusters, and general computing applications. 

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Thursday, October 26, 2023

Semiconductor IP Market

Market Research Future Insights 

According to MRFR analysis, the global semiconductor ip market is expected to register a CAGR of ~12% from 2022 to 2030 and hold a value of over USD 16 billion by 2030. 

The semiconductor intellectual property (IP) market refers to the licensing of pre-designed and pre-tested components, circuits, and subsystems that are used in the design and manufacture of semiconductor chips. Semiconductor IP allows semiconductor companies to focus on their core competencies and accelerate time-to-market by using pre-existing building blocks in their designs. The COVID-19 pandemic has had a significant impact on the semiconductor industry, including the semiconductor IP market. While the pandemic caused a temporary disruption to global supply chains and manufacturing operations, it also accelerated the adoption of new technologies such as remote work and digital transformation, which are driving demand for semiconductor IP.

Key Players

Some of the market key players are

  • Micron Technology Inc.
  • Samsung, SK Hynix Inc.
  • Synopsys Inc.
  • Rambus Inc.
  • Cadence Design Systems Inc.
  • Arm Limited
  • Dolphin Integration
  • eSilicon Corporation
  • Mentor
  • Lattice Semiconductor
  • Sonics Inc.
  • Achronix Semiconductor,
  • Xilinx and Semiconductor Manufacturing International Corp.

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Regional Analysis

The semiconductor IP market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is expected to hold a significant share of the market due to the presence of major semiconductor companies and the demand for advanced electronic devices. The Asia Pacific region is expected to dominate the market during the forecast period, driven by the increasing demand for consumer electronics and the rising adoption of advanced technologies such as AI and ML. Europe and the Rest of the World are also expected to contribute to the growth of the semiconductor IP market.

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Market Segmentation

The Global semiconductor intellectual property market has been segmented into type, application, Memory, Design IP and End-User 

Based on Application: Automotive, Consumer Electronics, Networking and Industrial Automation

Based on Type: Microprocessor and Digital Signal Processors)

Based on Memory (DRAM: SRAM and NAND

Based on Design IP: Memory IP, Processor IP and Interface IP

Based on End-User: OSAT, Foundry and IDM

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Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Collision Avoidance Sensors Market Trends and Regional Overview By Key Companies

Collision Avoidance Sensors Market Analysis

Market Research Future (MRFR) presumes the global collision avoidance sensors market size to hit USD 15 billion at a CAGR of 22% from 2020 to 2027 (forecast period).

Collision Avoidance Sensors Market Key Players

The key players in the global collision avoidance sensors market are NXP Semiconductors (Netherlands), Delphi Automotive LLP (Ireland), Robert Bosch GmbH (Germany), DENSO CORPORATION (Japan), Continental AG (Germany), Infineon Technologies AG (Germany), Murata Manufacturing Co., Ltd. (Japan), Texas Instruments (US), Siemens AG (Germany), Rockwell Collins (US), and ALSTOM (France).

Other prominent players studied for the collision avoidance sensors market are General Electric (US), Honeywell International Inc. (US), Saab AB (Sweden), TRW Automotive (US), Becker Mining Systems AG (Germany), Panasonic Corporation (Japan), Sensata Technologies, Inc. (US), Takata Corporation (Japan), Wabtec Corporation (US), Autoliv Inc. (Sweden), among others.

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Multiple Factors to Bolster Market Growth

The number of road accidents has been steadily increasing, resulting in fatalities, vehicle damage, and traffic jams. Although the use of autonomous vehicles is increasing in industrial applications such as moving goods or parts on preset paths, the risk of colliding with people or objects is significant. When such vehicles are outfitted with collision detection or avoidance sensors, they can come to a complete stop before an accident happens. To avoid accidents, major automakers have begun to incorporate collision avoidance sensors into their mass-market product offerings. Toyota Motor Corporation, for example, incorporates innovative technologies in their vehicles to avoid accidents, such as a pre-crash braking system, auto-parking, auto-adjust headlamps, and a vehicle communication system. Thus, one of the primary factors driving the growth of the collision avoidance sensors market is the increasing sale of utility vehicles, sports utility vehicles (SUVs), and high-end luxury vehicles

COVID-19 to have Temporary Impact on the Global Market

The spread of COVID-19 has had an impact on the market for collision avoidance sensors. The global spread of the pandemic has prompted lockdowns in a number of countries, disrupting supply chains and shutting down a number of manufacturing plants. The decrease in collision avoidance sensor production has had a significant influence on market growth.

To survive in the collision avoidance sensors market, industry participants all over the world are focusing on cutting operational costs. The post-lockdown resumption of manufacturing of collision avoidance sensors and related equipment is projected to fuel market expansion. Over the anticipated timeframe, government initiatives and relaxations in lockdowns are expected to raise demand for collision avoidance sensors. As a result of the increasing acceptance of such advanced products in automotive and marine applications to ensure vehicle safety, the demand for collision avoidance sensors and related products is predicted to rise.

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Collision Avoidance Sensors Market Segmentation

The global collision avoidance sensors industry has been segmented on the basis of technology and application.

On the basis of technology, the global collision avoidance sensors market has been segmented into radar, camera, ultrasound, and LiDAR.

By application, the global collision avoidance sensors market has been segmented into adaptive cruise control (ACC), blind-spot detection (BSD), forward collision warning system (FCWS), lane departure warning system (LDWS), parking assistance, and others.

Collision Avoidance Sensors Market Regional Analysis

Europe to Dominate the Global Market

Due to the presence of a sizable automotive sector in Germany, Europe has the greatest market share in the worldwide collision avoidance sensors market. Furthermore, specific government rules exist in Europe for the installation of devices such as airborne collision avoidance systems (ACAS) in aircraft for seating capacity and tire pressure monitoring systems in automobiles.

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E-House Market Size to Reach USD 1.74 Billion by 2026 at 5.67% CAGR - Report by Market Research Future (MRFR)

Personal Emergency Response Systems (PERS) Market to Reach USD 5,540.2 Million by 2025 at a 7.4% CAGR - Report by Market Research Future (MRFR)

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Global Smart City Market is projected to reach USD 1558.1 billion by 2032, at a CAGR of 15.50% during the forecast period 2023-2032.


The size of the smart city market was estimated at USD 425.9 billion in 2022. According to projections, the Smart City market industry would increase from USD 491.9 billion in 2023 to USD 1558.1 billion by 2032, growing at a compound annual growth rate (CAGR) of 15.50% over that time. The primary market drivers boosting market expansion include growing demand for digitization and reliable IT as well as increased demand for public safety and communication infrastructure.

With the application of technology like machine learning and artificial intelligence, smart cities assist people, organisations, or systems in becoming self-sufficient and futuristic. These technologies acquire a lot of data to enhance the systems and components to run the cities and make them capable of making wise decisions without.

Key Companies in the Smart City market include

·        Itron and Yokogawa Electric Corporation

·        Microsoft Corp

·        Cisco Systems Inc.

·        Essent

·        NEC Corporation India

·        AspenTech

·        Emerson Electric Co.

·        Ericsson Inc.

·        ABB Ltd

·        Bharat Electronics Ltd

·        EFKON India Pvt.

·        IBM

·        Oracle Corporation

·        Panasonic Corporation

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The demand for sustainable constructions is rising as a result of urbanisation and population growth. The information gathered by the robots aids in planning for smart cities through predictive analysis and decision-making.

To meet the demands of the expanding population, the governments in various regions are taking the initiative. There are various issues associated with the growing urbanisation, including meeting the increased housing demand, creating infrastructure and transportation systems, and creating jobs. Governments around the world are planning to create connected smart cities using IoT, AI, ML, M2M communication, and cloud computing to meet needs and give people access to internet infrastructure, a sustainable and clean environment, and higher living standards.

In this way, the development of municipal infrastructure will promote economic growth, improve people's quality of life, and increase the sustainability of the city. The initiatives for smart cities have a strong emphasis on creating a sustainable and environmentally friendly urban environment, reducing carbon emissions, and safeguarding natural resources.

The major market players are spending money on R&D to create new systems and technologies for connected infrastructure in smart city initiatives. The successful project execution of smart cities is being aided by the growing use of the built-own-operate, build-operate-transfer, original brand manufacturer, and bill of material business models. driving the income of the Smart City sector.

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Segment Insights:

Hardware, software, and services are included in the segmentation of the smart city market depending on component type. The market was dominated by the hardware sector, which generated the most income. In order to assure the effective operation of the systems they support, the hardware components that are crucial to smart cities—sensors, cameras, and networking technology—must be highly reliable.

Smart Security, Smart Building, Smart Transportation, Smart Governance, Smart Energy, Smart Healthcare, and Others make up the application-based segmentation of the smart city market. The market for smart cities is dominated by the smart security application segment.

The analysis offers market insights for each region separately, including North America, Europe, Asia-Pacific, and the Rest of the World. Because smart city technologies are being adopted more widely in the region, the North American Smart City market dominates the industry. The economies of the nations in this region are stable and strong, enabling them to invest heavily in R&D initiatives to advance new technology. They have used technologies like cloud edge computing and network slicing for strategic urban management, enabling them to embrace smart cities at a reasonable cost. The US is the top exhibitor in the region's expanding smart city market.

Because of the growing digital infrastructure, growing disposable income, and government measures to improve traffic and reduce traffic and air pollution, the Asia Pacific Smart City market has the second-largest market share. Additionally, the Indian Smart City market was the fastest-growing market in the European region, and China's Smart City market had the biggest market share. From 2023 to 2032, the European Market is anticipated to experience the fastest CAGR growth. This is a result of expanding R&D efforts to create new technologies that will support smart city systems. Additionally, the UK market was the fastest-growing market in the Asia-Pacific region, while the German Smart City market had the biggest market share.

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Wednesday, October 25, 2023

Smart Display Market

Smart Display Market Analysis

Smart Display Market Size was valued at USD 80.6 billion in 2022. The Smart Display market industry is projected to grow from USD 94.3 Billion in 2023 to USD 331.1 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 17.0% during the forecast period (2023 - 2032). A smart display is a wireless touch screen device designed for use in automobiles to provide distraction-free access to multimedia functions, driver safety features, navigation, and real-time vehicle diagnostics such as fuel capacity, battery temperature, tire pressure, and engine heat indicators. The growing consumer awareness of safety features can be contributed to the growth of the global automotive smart display market. Furthermore, the global growth of luxury and premium cars is a crucial element driving the growth of the automotive smart display market. The elimination of the distraction created by glancing around for details required by an automotive smart display can reduce accidents. The high power consumption, the cybersecurity threat posed by vehicle telematics, expensive display cost, and lack of brightness are viewed as the primary reasons limiting the market's growth. However, the global market is expanding due to a growing population, changing lifestyles, increased demand for autonomous vehicles, and in-car infotainment systems.

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Smart Display Market Key Players

The major player operating in the global automotive smart display market are Visteon Corporation (US), Delphi Automotive PLC (UK), Denso Corporation (Japan), Magna International Inc. (Canada), LG Display (South Korea), Alpine Electronics Inc. (Japan), Valeo SA (France), Robert Bosch GmbH (Germany), Panasonic Corporation (Japan), Nippon Seiki Co. Ltd (Japan), Yazaki Corporation (Japan), AU Optronics Corporation (Taiwan), Gentex Corporation (US), Garmin Ltd. (US), and Continental AG (Germany). 

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COVID-19 Impact on the Global Automotive Smart Display Market

The global economy has suffered a significant setback as a result of the COVID-19 outbreak, which has had a detrimental influence on vehicle production. The COVID-19 pandemic has caused supply chain difficulties, with some manufacturing sites shutting down. The outbreak has had a severe influence on the sale of passenger and commercial vehicles, lowering the demand for smart displays.

Smart Display Market Segmentation

The global automotive smart display industry has been segmented based on product type, driving level, display size, vehicle type, propulsion, and sales channel.

By product type, the global automotive smart display market has been segmented into liquid crystal display (LCD), thin-film transistor liquid crystal display (TFT-LCD), and others. The LCD segment is projected to register substantial growth over the assessment period due to increasing demand for in-vehicle center stack displays. 

Based on driving level, the global automotive smart display market has been segmented into conventional and semi-autonomous. Increasing demand for autonomous and semi-autonomous vehicles globally propels the growth of the semi-autonomous driving level segment over the forecast period. 

Based on display size, the global automotive smart display industry has been segmented into up to 5", 5"-10", and above10". The 5"-10" segment is predicted to grow at a rapid pace over the review period due to growing demand from consumers for larger display applications in vehicles. 

Based on vehicle type, the global automotive smart display market has been segmented into passenger cars and commercial vehicles. The passenger car segment is anticipated to account for the larger share of the global market over the assessment period due to the growing deployment of augmented reality displays over the windscreens of cars. 

Based on propulsion, the global automotive smart display market has been segmented into ICE and electric vehicle. The ICE segment is expected to hold a larger share of the global market over the assessment period due to increasing demand for engine monitoring and display of engine information systems. 

Based on the sales channel, the automotive smart display market has been segmented into OEM and aftermarket. The aftermarket segment is seeing a higher growth over the forecast period due to the growing aftersales service market and expansion of aftermarket service centers in developing countries such as China, India, Brazil, Saudi Arabia, Mexico, and Argentina.

Summary

The global automotive smart display market is set to reach around USD 10 billion, exhibiting a CAGR of 13% from 2019 to 2025 (forecast period). Growing population, changing lifestyles, increasing demand for autonomous vehicles, and in-car infotainment systems are all offering opportunities for the global market to develop.

Regional Analysis

Geographically, the global automotive smart display industry has been segmented into four major regions—North America, Asia Pacific, Europe, and the rest of the world.

Due to increased demand for connected vehicles and the development of electric vehicle infrastructure across the region, Asia Pacific is estimated to dominate the worldwide automotive smart display market and to post the highest growth over the forecast period, followed by Europe and North America. Because of the region's increasing development of connected cars, the market in North America is expected to rise at a rapid pace over the forecast period. Europe, on the other hand, is expected to develop rapidly in the worldwide market over the forecast period, owing to a growing need for a safe and secure driving experience.

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High-Speed Camera Market

High-Speed Camera Market Overview

High-Speed Camera Market Size was valued at USD 0.45 Billion in 2021. The High-Speed Camera market industry is projected to grow from USD 0.52 Billion in 2022 to USD 1.2 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.00% during the forecast period (2022 - 2030). High-speed cameras are employed as a research and media tool to aid in analysing phenomena that occur at extremely high speeds and are not visible to the naked eye. It records a series of photographs captured at high frame rates and then played back in slow motion to permit the viewer to see and quantify events that occur at a rate that the human eye cannot comprehend. Frame rate, resolution, sensor size, memory size, image processors, fans, and cooling systems with some other semiconductor components all affect the quality of a high-speed camera.

Due to high industry standards and the presence of leading companies like Vision Research Inc., Fastec Imaging Corporation, and Motion Capture Technologies, that are investing in high-speed cameras with high resolution, high frame rate, as well as fast processing, the United States is experiencing rapid growth in the high-speed camera market. These variables aid industries in their production and manufacturing operations, allowing them to expand their product line by maintaining 100% accuracy.


Due to its expanded capabilities such as frame rate, high resolution, and image processing, high-speed cameras are becoming increasingly popular in the sports industry. In particular, the market is being driven by an enhancement in demand for small, light in high-speed weight cameras in automotive and transportation and a rise in the use of high-speed cameras in thermal imaging activities. Moreover, new applications of high-speed cameras in intelligent transportation systems (ITS) and increased usage of high-speed cameras in the aerospace and defence sector vertical, amongst many others, provide attractive potential for the worldwide high-speed camera market. The expensive cost of a high-speed camera, on the other hand, is likely to stifle global high-speed camera market growth.

 Industry Players

The outstanding industry players in the market of the high-speed camera are Photron Limited(Japan), Vision Research, Inc.(U.S.), Mikrotron GmbH(Germany), Olympus Corporation(Japan), Del Imaging Systems LLC(U.S.), NAC Imaging Technology, Inc.(Japan), AOS Technologies AG(Switzerland), Motion Capture Technologies(U.S.), Optronis GmbH(Germany), Fastec Imaging Corporation(U.S.), and Weisscam GmbH(Germany).

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Top Impacting Factors

High-speed cameras are the sophisticated edition of standard digital cameras having the high-resolution capacity and ability to capture ultra-high speed events. Therefore, owing to advanced features of high-speed cameras other than standard cameras, its demand is growing across industries, which is giving a substantial boost to the global high-speed camera. 

MRFR has also studied that rising necessitate for highly meticulous analyses such as explosives, combustion testing, and flow visualization in aerospace, pyrotechnics. Ballistics is further anticipated to be the motivating force for escalating the demand for high-speed cameras in the manufacturing sector.

To add in this, the rise in demand for high-speed cameras within the sports sector is also on the rise owing to its superior capabilities such as frame rate, high resolution, and image processing. In fact, high-speed photography is majorly being used in ballistics, biomechanical research, medical research, and other fields such as entertainment, healthcare, automotive, aerospace, and military. These factors have also accountable for the market’s growth over the forecasted period. 


Furthermore, some of the other major drivers of the global market for high-speed cameras comprise surged demand for lightweight and small high-speed cameras. Besides, also a rise in the use of high-speed cameras in entertainment and media is highly triggering market growth globally. 

On the contrary, the factor of the high cost of high-speed cameras has been considered as a significant restraint hindering market growth globally, which was during coronavirus pandemic. Also, the longer time required for data transfer is yet another major restraint hindering the market growth.

Segmentation of Market

The MRFR’s report offers a comprehensive evaluation of the market on the basis of segments such as frame rate, resolution, and application.

The frame rate segment has included the range of 1000-5000fps, 5001-10000fps, 10001-20000fps, 20001-100000, and above 100001. 

The resolution segment has included 0-1 MP, 1-2MP, 2-5MP, and higher than 5MP. 

The application segment has included the areas of food and beverages, automotive, pharmaceuticals & healthcare, chemical, military & defense, media & entertainment, household & textile industry, and paper & printing.

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Regional Framework

The Asia-Pacific region is the highest growing market of high-speed cameras owing to towering adoption of high-speed cameras in industries of healthcare, automotive, food & beverages, and consumer electronics to analyze, predictive maintenance, troubleshoot, and machinery diagnostics. Countries such as Japan, India, and China are anticipated to give to the growth of the high-speed camera market in the Asia-Pacific region. Also, this region is leading the market of High-Speed Camera Market, owing to expanding the use of robots and machine vision techniques in manufacturing and service sectors to boost productivity.

The North American region is viewing the foremost growth in the high-speed camera market. This is due to high industry standards and the presence of foremost industry players such as Motion Capture Technologies, Fastec Imaging Corporation. They have been investing in high-speed cameras with a high frame rate, high resolution, and fast processing to assist the industries in raising the production with 100% accuracy.

Europe is likely to record vigorous growth in the high-speed camera market owing to the sky-scraping adoption and boosting the productivity while maintaining consistent quality and reducing the time.

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Tuesday, October 24, 2023

Safety Light Curtains Market Size, Share, Trends, Business Strategies, Revenue, Leading Players, Opportunities and Forecast 2030

According to Market Research Future (MRFR), the global safety light curtains market is projected to reach approximately $2.1 Billion at a 6.50% CAGR from 2022 to 2030 (forecast period). The study discusses and explores the impact of the COVID-19 outbreak on the global safety light curtains industry, including potential opportunities and challenges, strengths, and risks.

Safety Light Curtains are optoelectronic devices mounted in the factory to ensure workers' safety in the area during the running time of machinery. Safety light curtains are primarily used as a replacement for mechanical barriers and other traditional types of machine guarding. Due to this unique feature, safety light curtains reduce the need for guards or any manual intervention and barriers, which, in turn, reduce the labor costs of the industry. Safety light curtains also improve the machine's durability as they serve as a protecting agent, which in turn improves the efficiency and operability of the machine. In addition, ANSI B11.19, IEC 61496-1/-2, ISO 138555 are some of the international standards implemented for manufacturing light curtains.

The light curtains are preset to a limited resolution that emits a thin outline of beams to detect a hand or even a finger that enables the safety system to respond immediately when the sensor is tripped. In addition, safety light curtains are reliable and cost-effective solutions to protect against dangerous points of operation. The safety light curtain works in such a way that the sender unit radiates pulses of infrared light beams to the receiver unit. The light curtain then defines a series of interruptions to one or more light beams bounded to the area of the sensor. This makes the safety light curtains most appropriate for point of operation protection.

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Key Players

Some of the key participants of the safety light curtains market include OMRON Corporation (Japan), Carlo Gavazzi Holding (Switzerland), Panasonic Electric Works (Japan), Banner Engineering (U.S.), Datalogic (Italy), K.A. Schmersal Holding (Germany), Rockwell Automation (U.S.), Leuze electronic (Germany), Pinnacle Systems (U.S.), Keyence (Japan), Sick (Germany), Pepperl+Fuchs (Germany) and ReeR (Italy).

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Market Segmentation

The global safety light curtains market has been differentiated by components, resolution, safety level, and end-users.

By component, the global safety light curtains market has been segmented into light emitting diodes, photoelectric cells, control units, displays, and enclosures.

By resolution, the global safety light curtains market has been segmented into 9-24 mm, 25-90mm, and more than 90 mm. 

By safety level type, the global safety light curtains market has been categorized as type 2 and type 4.

On the basis of end-users, the global safety light curtains market has been categorized as automotive, food & beverages, semiconductors & electronics, healthcare, and others.

Market Dynamics

The key drivers of the market for safety light curtains include a surge in a number of industrial accidents, the advent of industrial revolution 4.0, and an increase in demand for safety light curtains in the food and beverage sector. Constant repair and maintenance services, on the other hand, are expected to be a restraining factor for the development of the market over the forecast period.

Regional Analysis

Geographically, the global safety light curtains market has been segmented into four different regions: North America, Asia Pacific, Europe, and the Rest of the World.

The Asia Pacific is expected to have a significant rise in the market for safety light curtains. Countries such as India, Japan, China, and South Korea are leading the market. The development is due to the rapidly rising manufacturing sector especially, the semiconductor & the electronics industry. Moreover, China, known as a manufacturing hub for many industrial sectors, is expected to be a dominant country in the Asia Pacific region. North America is also projected to have strong demand growth over the forecast period. The development of the market is due to the increasingly growing industrial automation.

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