Semiconductors & Electronics Industry Highlights

The  protective relay market   is expected to reach USD 4,025.2 million by 2024, according to a new report by Grand View Research, Inc. Mounting investments in the transmission & distribution networks to replace the old equipment is expected to be a major factor expected to spur the growth over the forecast period. The intensifying intricacy of electrical systems has made it inevitable to incorporate protective devices for power systems safety. The growing electricity generation capacity to meet the growing population’s electricity demand is estimated to act as a key driver augmenting market demand. Nevertheless, the cost concomitant with the set up & maintenance of these relays is estimated to challenge the industry over the near future. Asia Pacific Protective Relay Market, By End-Use, 2014 - 2024 (USD Million) The global protective relay market is anticipated to witness high growth over the forecast period. This may be accredited to continuous population gr...

The global  wireless infrastructure market  size is expected to reach USD 116.75 billion by 2025, according to a new report conducted by Grand View Research, Inc., exhibiting a CAGR of 5.7% during the forecast period. Enterprises have been shifting to hosted and managed networking and communication services as these address problems of high initial investments associated with unified communications systems. Small and mediums businesses (SMBs) and larger enterprises have realized the benefits of network infrastructures, thereby fueling market growth. Growing demand for enterprise mobility is expected to favorably impact the market, particularly in the telecom application area, over the forecast period. The healthcare sector is also expected to be a fast-growing sector, owing to high-quality data transmission and connectivity enabling enhanced patient care and video collaborations resulting in reductions in healthcare costs. The imminent telecom and network infrastru...

The global  silicon photonics market   is expected to reach USD 918.3 million by 2025, according to a new report conducted by Grand View Research, Inc. The rapid emergence of commercial and consumer electronics applications is anticipated to revolutionize the market by 2025. The IT and telecommunication application segment would dominate the sector in terms of market size over the forecast period. Silicon photonics devices find commercial applications in high-performance computers and data center applications. The silicon photonics technology offers a cost-effective and reliable solution to commercial applications. The key value chain components for the silicon photonics system include raw material suppliers, component manufacturers (chip and optical interconnect fabrication firms), Original Equipment Manufacturers (OEMs), server system distributors, and end-use segments. Silicon photonics has been a significant research arena since the last decade on account of potential...

Global  thermal imaging market  is poised to reach USD 6.50 billion by 2020. Increasing demand for low-cost devices owing to its widespread applications. Commercialized thermal imagers resulting from the development of microbolometers expected to augment the growth of the market over the forecast period. North America thermal imaging market by application, 2012 - 2020 (USD Million) In addition to increasing demand in industrial and commercial sectors, thermal imaging devices are also used across several security and surveillance applications. Moreover, increasing adoption of integrated solutions across commercial applications would further fuel the growth of the industry. Furthermore, the use of thermal imaging in high-resolution camera and smartphone is expected to bolster further the growth of the industry. Thermal Imaging application in commercial segment is also poised to experience growth over the next few years. Growth can be attributed to increasing the us...

The global  fitness equipment market   is anticipated to reach USD 13.24 billion by 2022. Key factors that are expected to fuel growth include urbanization leading to changing lifestyles, growing awareness of health & wellness and drastic increase of obese population. Emerging economies have been observing growing trend for healthcare programs across all segments. In addition, governments in these countries are persistently attempting to conceptualize and establish effective healthcare plans. The introduction of new fitness regimes and healthcare programs across various corporates to encourage employees is expected to trigger growth. Fitness equipment market is projected to grow at a CAGR of 3.6% from 2015 to 2022. On the basis of equipment type, the industry is segmented into strength training, cardiovascular and devices such as trackers & monitors. Commonly used equipment across all age groups to maintain fitness and manage weight include stationary bicycles, ...

The global  solid state drive (SSD) market   size is expected to reach USD 25.51 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 14.7% during the forecast period. The market is majorly driven by increasing penetration of high-end cloud computing, growing adoption of SSDs in data centers, and numerous advantages of SSDs over hard disk drives (HDDs). Intensive use of social media, booming online commerce, and surge in media content will play a critical role in driving the SSD market over the forecast period. The average household’s storage capacity is expected to increase over the coming years due to popularity of smartphones and tablets, which has allowed consumers to generate large volumes of digital data and content. This has led to growing demand for sufficient capacity to store content. Rising adoption of SSDs in data centers is a result of various factors such as its greater efficiency compared to traditional HDD s...

The global  integrated passive devices (IPD) market  is expected to reach USD 2.64 billion by 2025, according to a new study by Grand View Research, Inc. The growing demand for wireless, electronic, handheld devices is presumed to drive the market growth over the forecast period. IPD, such as RF devices, facilitate efficient wireless communication and prevent loss of network signals. They are used across several applications including digital & mixed signals, RF transceivers, power amplifiers, MEMS, digital processors, and power management units. The growing penetration of these devices in wireless consumer market can be attributed to the high volume of customers adopting cellular phones and other IoT devices. The applications of this technology in digital and mixed signals are fewer, but significant. The commercialization of an application is subject to its potential to comply with electrical performance and density requirements of conventional DC-DC converter modu...