Semiconductors & Electronics Industry Highlights

According to a new study by Grand View Research, Inc., global  mobile robotics market  growth can be attributed to increased adoption in military & defense applications. Commercialization of automated cars due to technological advancement in mobile robotics is expected to drive the market over the next six years. Favorable regulatory scenario, including funds and grants for promoting the robotics industry is also expected to positively impact the global market. Availability of open source platforms coupled with reduction in sensor and camera prices is expected to propel demand for domestic mobile robots such as vacuum cleaners and lawn mowers. Scarcity of experts equipped with the skill sets required for R&D may pose a challenge to mobile robotics market growth. Relatively low market penetration coupled with growing demand from end-use industries is expected to be a growth opportunity for key industry participants. Access Full Research Report by Grand View Re...

The global  microwave oven market  size is expected to reach USD 12.70 billion by 2022, according to a new study by Grand View Research, Inc. The market is expected to witness a sluggish growth in North America and Europe as microwaves have entered the mature stage of the product life cycle. North America microwave oven market demand by product, 2012-2022, (USD Million) Majority of the revenue is generated from the section of population exhibiting willingness to spend on premium kitchen appliances. Changing lifestyles of people, especially the working class, have increased the popularity of frozen and ready-to-eat packaged foods which has positively impacted market growth. Inclination towards the use of traditional cooking equipment can be viewed as a hindrance for microwave ovens’ adoption, especially in developing countries. High electricity consumption and the costs associated with it are expected to challenge industry growth, which has led to manufacturers develo...

Global  data center UPS market   is projected to exceed over USD 5.67 billion by 2020. This growth can be attributed to falling tolerance limits and interruptions in data transmissions. Besides, need to prevent loss of confidential data has subsequently augmented UPS installations in data centers. The market is expected to experience growth at CAGR of 7.3% on account of rising demand for CRM systems, ERP systems, file servers, data warehouses and cloud storage. Product development through innovations exhibiting energy efficient and eco-friendly technologies have resulted in compensating for increasing power costs which are expected to propel growth over the forecast period. Portable UPS systems have gained widespread acceptance, particularly in small and medium businesses (SMBs), which is projected to drive the market. Increasing prominence of smart UPS systems owing to its capability of self-diagnosis and communication that considerably reduces troubleshooting time is a...

U.S. CVD market revenue, by category, 2014 - 2025 (USD Million) The global  chemical vapor deposition (CVD) market  is expected to reach USD 48.01 billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing demand from semiconductor industry has been a major factor driving industry growth. Also, growing consciousness regarding the benefits of these products along with consumer preference for modern and durable electronic devices has resulted in increased utilization CVD coatings in various applications. CVD technology is employed for producing high-performance solid materials mainly to manufacture thin films for the semiconductor industry. In this process, the wafer/substrate comes in contact with a volatile precursor that reacts to form different types of deposits such as pyrolytic coatings, also referred to as hard coatings. CVD coatings are generally deposited at higher temperatures and exhibit strong adhesion to glass surfaces. The...

       Industrial Agitators Market The global  industrialagitators market  is expected to reach USD 3.46 billion by 2024, according to a new report by Grand View Research, Inc. Industrial agitators market is expected to witness high growth owing to the rapid industrialization in emerging economies such as Brazil, India, and China. Increasing industrial activities in these countries are enhancing the demand for highly-efficient agitators.  Agitators are efficiently used in the food &beverage, chemical and wastewater treatment applications. Hence, growing adoption of mixing and blending technology in process industries is projected to drive the market over the forecast period.  Agitators are machines, which processes the products in industries for mixing liquids, increasing heat transfer and to promote the reaction of chemical substances. Demand for customized and advanced devices specific to the end-user application is further expec...

The global  photonics market  size is expected to reach USD 979.90 billion by 2024, according to a new report by Grand View Research, Inc. The prospects for market growth can be attributed to rapid innovations in the industry for the development of technologically-enhanced products and related services, as well as growing opportunities for the new market development. Photonics is regarded as one of the Key Enabling Technologies (KETs) in the recent past, leading to the development of new products and services with substantial economic benefits. The broad diversity of devices with photonic-based components is expected to impact the global demand for this technology positively. Photonics is a technologically advanced field, being at the forefront of innovation and R&D and is thus presumed to incorporate substantial growth prospects over the forecast period. The industry encompasses a broad scope of applications based on photonic-based products, which are anticipated ...

The  self-service technology market  is expected to reach USD 39.07 billion by 2022, according to a new study by Grand View Research, Inc. Growing focus by enterprises for offering convenient services to the customers along with customizing cost of these services is estimated to drive demand. Deployment of several types of technologically advanced kiosks and vending machines has revolutionized the industry with an improved automation experience. Various enterprises operating in sectors including food & beverages, retail, healthcare and banking are estimated to be the key demand facilitators. The industry is driven by smart features including NFC advancements, remote monitoring and cashles transactions. Increasing awareness for active safety systems, changing lifestyle and enhanced security in financial transactions are projected to propel demand. Biometrics for self-service products has helped consumers to experience secure and safe transactions. However, stringent g...