The global industrial automation market is expected to witness strong growth due to a shift in trend from traditional techniques to digitized systems. Increasing labor wages across industries and rising demand for practical solutions that can manage failure at component level can drive the market. Additionally, growing need to reduce the risk of accidents in the work environment is expected to boost the demand for effective automation solutions.
The global thin client market is anticipated to exhibit remarkable growth on account of growing need for reducing total ownership costs. Thin client are the devices based on client-server architecture. They can be utilized as a virtual desktop to control and monitor the processes in the work environment. These devices are also used as an alternative to fat clients (PCs or laptops) as they reduce maintenance, installation, and upgrade costs.
The global warehouse robotics market was valued at USD 3.47 billion in 2017 and is expected to grow at a CAGR of over 7.0% from 2017 to 2025. In the past few years, the manufacturing sector has increased spending on the inclusion of robots in the industrial mass production process. The growing need to automate warehouse processes to bring in efficiency, reduce time, and lighten labor-intensive processes to address the strain on order fulfillment has gained importance in the recent past.
The global industrial robotics market is projected to witness significant growth in coming years owing to rising demand for high productivity and reduced operational costs in manufacturing units. Industrial robot is a programmable device that performs tasks based on algorithms. It can be programmed in more than one axis. Product quality and speed play a major role in industrial production. Workers operating manually can face problems related to speed and quality, which affects the overall productivity.
The global fiber laser market is expected to witness significant growth on account of growing R&D activities. Increasing adoption of fiber lasers to improve efficiency of manufacturing process in industries can drive the market in the coming years. They are used in a wide range of industrial applications, such as marking, metal cutting, and welding of automotive and aerospace components. Moreover, increasing use of the product in surface treatment, 3D micro milling, optical pumping, micro-cutting, blind hole machining, microscopy, and defense applications is likely to stimulate market growth.
The global smart thermostat market is anticipated to witness considerable growth in the forthcoming years. Smart thermostat is a device used in heating, ventilation, and air conditioning (HVAC) equipment to control temperature of a room. It automatically makes required changes for users to save energy and communicates with external sources. The device is used as an energy saving device in commercial as well as residential buildings as per the requirement.
The global quantum dots market size is anticipated to witness healthy growth during the forecast period of 2018 to 2025. Their scope of application has been widening and they are increasingly emerging mainstream in several industries, thanks to their miniature properties. When a semiconductor material is shrunk to quantum-dot level, the alteration in light wavelength transforms it to conductor from insulator. The conversion in property allows these dots to be integrated in several devices instead of finding their semiconductor alternative that possesses a special chemical composition.
The global lithium tantalate wafers market size was valued at USD 1.36 billion in 2017. It is expected to exhibit a CAGR of 11.3% during the forecast period. The growth of the market can be attributed to growing applications of lithium tantalate wafers such as pyroelectric detectors, electro-optical waveguide, optical modulators, and piezoelectric transducers.
The global 3D scanner market size was valued at USD 1.6 billion in 2017. Growing adoption in automotive, healthcare, architecture and engineering, and energy sectors is expected to drive the market during the projected period. Healthcare industry is anticipated to showcase the maximum demand for high-end portable handheld scanners as they are widely used by medical specialties. Increasing adoption in healthcare and industrial manufacturing has created numerous growth opportunities for the manufacturers of portable handheld scanners.
The global helideck monitoring system market size was valued at USD 187.5 million in 2017. Increasing maritime trade and vessel traffic is expected to drive the market over the projected period. Growing importance of maritime transport for trade and development will also spur adoption of these system in near future. Government initiatives and increased spending on shipbuilding are expected to create potential growth opportunity for many manufacturers. For instance, in July 2017, Japan and European Union (EU) signed an Economic Partnership Agreement to support trade flows.
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.