The U.S. battery recycling market size was valued at USD 944.4 million in 2017 and is projected to grow at a steady pace owing to stringent government regulations regarding battery manufacturing and disposal processes. Moreover, increasing demand from end-use industries such as consumer electronics and transportation is expected to drive the market in the coming years. Stability of battery demand-supply ratio is also expected to fuel the market.
The U.S. night vision device market size was estimated at USD 3.74 billion in 2017. It is expected to reach USD 4.39 billion by 2025. Night vision devices are less expensive than thermal imagining devices, as a result, their demand is higher for a variety of applications. These devices are used by army for performing night operations and during the time of war. It is also used for performing preventive maintenance in plants, energy distribution units, and building diagnostics by construction companies.
The U.S. electronic goods recycling market size was estimated at USD 10.05 billion in 2017. Rapid industrialization and intensifying need to reuse waste material to meet high demand from consumers are anticipated to boost revenue generation in the market. Additionally, consumer preferences for environment-friendly products, rising demand for electronic goods, and stringent regulations encouraging recycling process are some of the key drivers for market.
The global silicon wafer market size was estimated at USD 7.21 billion in 2016 and is expected to grow due to the rising use of semiconductors in various industry verticals such as automotive, consumer electronics, medical and military. Silicon wafer is used as a substrate in the fabrication of semiconductor components such as integrated circuits (ICs).
The global high-brightness (HB) LED market was valued at USD 15.6 billion in 2016 and is expected to grow on account of its increasing demand in various applications including lighting for automobiles and electronics.
The global Gallium Nitride (GaN) semiconductor devices market size is expected to witness significant growth over the forecast period. Gallium nitride is a robust material that encompasses several chemical properties due to which it is suitable in the manufacturing of various semiconductor devices. The global GaN market has been facing rigid competition from Silicon Carbide (SiC) semiconductor devices sector, over the past few years.
The global laser marking machine market size was estimated at USD 2.21 billion in 2016 and is expected to grow due to its increasing utilization worldwide.
The global escalator market is expected to grow at a CAGR of 4.4% over the forecast period. Among the various growth factors, increasing urbanization & ageing population to play a key role.
An ice maker is a device for making ice, found inside a home freezer, a stand-alone appliance or an industrial machine for making ice on a large scale. The size of an ice maker basically depends on its requirement. A typical ice maker consists of a control module, motor, thermostat, heater terminal, valves, and blades.
Printed circuit board (PCB) design software is used in order to design printed circuit board. A printed circuit board (PCB) mechanically supports and electrically connects electronic components using conductive tracks, pads and the other features. All components on the board are soldered and interlinked by the copper tracks. The PCB can be a single layer and can go up to many layers.
Smart meters market is expected to witness the growth over the forecast period due to its advantages over traditional meters in terms of fulfilment of favourable regulatory conditions.
Global fingerprint access control systems market size is expected to reach USD 4.4 billion by 2022, growing at a CAGR of over 7% from 2015 to 2022.
Global automotive relay market size is anticipated to reach USD 12 billion by 2020, growing at a CAGR of 6.2% from 2014 to 2020. Increasing demand for high-frequency signals in automotive industry is expected to drive demand growth over the next six years. It enhances driving experience and provides greater safety for consumers.
Global outsourced customer care services market size is forecast to exceed USD 84.5 billion by 2020, at 5% over next few years. Surging demand for interaction through non-voice channels is expected to be a key driving force for the global industry.
The global Ceric Ammonium Nitrate (CAN) market was valued at USD 110.7 million in 2014 and is expected to grow at a significant rate over the forecast period due to various emerging opportunities in the research field.
Rising demand for camera enabled devices such as tablets, phones, PC and digital camera is expected to drive the image sensors market. Optical images are converted into electrical signals by image sensors which have replaced the traditional cameras. Increasing digital cameras in the recent years is expected to further fuel the market demand.
Global position sensors demand is expected to witness a lucrative growth mainly on account of expanding consumer electronic goods application. The global market was valued at approximately USD 7.00 billion in 2015.