Semiconductors & Electronics Industry Highlights

The global  collision avoidance system market   is expected to reach USD 18.97 billion by 2025, according to a new study conducted by Grand View Research, Inc. The updated ratings of safety agencies and incorporation of anti-collision systems in mass-market models are expected to propel the market growth over the next six years. The increasing awareness among consumers and extensive R&D by market players have fueled the market growth. Collision avoidance systems enable vehicles to carry out semi-autonomous and autonomous decision-making. The rising need for security from consumers and governments is also expected to drive the collision avoidance systems market growth. The recent developments in the sensor technology are oriented toward making highly sophisticated devices and augmenting them with various parts of an automobile. Anti-collision systems enable automotive OEMs to integrate additional intelligence to achieve the goal of an autonomous car. U.S. Collisio...

The global  retail automation market   is expected to reach USD 19.17 billion by 2025, according to a new report by Grand View Research, Inc. Retail automation technology is witnessing increasing demand among the growing urban population since it offers improved service quality and instant access to everything ranging from carts to food. Advantages such as business optimization and improvement in service quality have resulted in an increased penetration of the technology. Additionally, there are huge opportunities for advancements in retail automation systems owing to the increasing usage of smartphones and enhanced internet accessibility. This, in turn, is expected to fuel the growth of the retail automation market. The increasing adoption of the technology by a number of end users such as hypermarkets, supermarkets, convenience stores, fuel stations, and retail pharmacies is anticipated to boost the market over the forecast period. The retail automation market has been...

The global  hermetic packaging market  is expected to reach USD 5.03 billion by 2025 , according to a new report by Grand View Research, Inc. Utilization of hermetic packages is expected to grow significantly as a result of increasing application scope from healthcare and aeronautics & space application. U.S. hermetic packaging market revenue, by product, 2014 - 2025 (USD Million) The capability of the product to protect electronic components from temperature, pressure, and liquids is expected to drive the market over the forecast period. The telecom industry utilizes fragile & complex materials in various applications such as trunk lines and metros which require efficient packaging, thereby augmenting the demand. Central & South America accounted for a share of over 5.0% in 2016 Growing population and rising consumer willingness to spend is expected to increase the demand for electronic devices, thereby having a positive impact on the hermetic packaging...

The Global  Home Audio Equipment  Market is expected to reach USD 22.50 billion by 2020, according to a new study by Grand View Research, Inc. Growing consumer demand for high-quality home theater experience attributed to increased disposable income is expected to drive the market over the forecast period. Increasing trend towards deployment of sophisticated equipment, high-speed data streaming, faster internet connectivity and internet-exclusive entertainment are expected to proliferate the need for external audio solutions. Emergence of Bluetooth products coupled with wireless Blu-ray home theater systems is expected to positively impact market growth. Home audio equipment comprises a wide range of equipment including multi-channel amplifiers, compact audio system and home radios. Manufacturers of this equipment have been striving to expand market penetration by innovating visually less intrusive and user-friendly systems. Therefore, technological advancement in d...

The global  service robotics market   is projected to reach USD 15.69 billion by 2020, at an expected CAGR of 23.7% from 2014 to 2020. The demand for the global service robotics is anticipated to surpass 18 million units by 2020. The major factor driving the industry is the rising occurrences of supported living and the demand to fight against increasing costs of labor in the developed countries. The foremost advantage offered by service robotics includes assistance in carrying out those tasks which would otherwise have been tough and risky. Moreover, the ordinary routine tasks can be effortlessly dealt with having a high degree of accuracy with the help of these devices. The global industry has witnessed a massive growth in the number of companies trying to enter the industry and gain share by evolving and refining their automation techniques. The components involved in the manufacturing these machines include microcontrollers, actuators, manipulators, sensors, and po...

The global  automotive robotics market  is expected to reach USD 13.6 billion by 2025, according to a new report by Grand View Research, Inc. The increasing adaptation of automation and robotics within the automotive industry is a major factor expected to drive the market growth.  Industrial revolutions and initiatives taken by the government regarding automation of manufacturing sectors boost the sales of automotive robots. The governments are providing tax exemptions for R&D and providing tax cut which will reduce the cost of manufacturing and improve the manufacturing opportunities in the countries rather than going for offshore manufacturing. Articulated robots are expected to grow over the forecast period due to their flexibility and various operations that can be performed by the six axes robots. It can be used for various applications such as welding, material handling, dispensing and material removal applications and the robot has a large work envelope...