Semiconductors & Electronics Industry Highlights

San Francisco, 1 November 2018 - The global  industrial and commercial LED lighting market  is expected to reach USD 165.91 billion by 2022, according to a new report by Grand View Research, Inc. High efficiency of LED lights combined with government regulations to ban incandescent lamps is estimated to drive demand over the forecast period. Increasing shift towards the implementation of cost effective systems is expected to proliferate demand. Concepts such as smart lighting which offer several benefits including comfort, safety and security are projected to offer lucrative growth opportunities for the industry. For instance, prevalence of various smart city schemes across the U.S. and Europe to reduce consumption of energy and peak power demand is estimated to positively impact sales. Stringent government regulations and ban on incandescent lamps and set up of minimum efficiency standards by various governments across the globe is further estimated to propel industria...

San Francisco, 30 October 2018 - The global  biometric sensor market  size is expected to reach USD 1.83 billion by 2024, according to a new report by Grand View Research, Inc. Technological proliferation and increasing demand in commercial buildings, consumer electronics, and banking applications are expected to drive the market growth. The development of advanced multimodal techniques for biometric authentication and recognition techniques, which employ verification of more than one biometrics enabling increased security levels across the end-use applications, is driving industry growth. The use of biometric Sensor in consumer electronic devices, such as smartphones and tablets, has resulted in an exponential increase in the sensor shipments. End-users are increasingly adopting the advanced sensing and authentication technologies aimed at restricting unauthorized access and increasing security. Advanced recognition techniques such as DNA matching as well as vein, iris...

San Francisco, 15 October 2018 - The global  printed electronics market  is projected to reach USD 19.15 billion by 2025, according to a new report by Grand View Research, Inc. The surging demand for the flexible electronics at low manufacturing costs and the need for eco-friendly technologies is paving the way for increased adoption of the technology. China printed electronics by device, 2014 - 2025 (USD Million) Additionally, the increasing penetration of IoT worldwide is proving to be a prime factor in pulling the printed electronics market over the forecast period. The continuously growing demand for IoT in the telecommunication industry for enhancing the network and optimizing the performance along with operations is expected to propel the application of technology over the forecast period. Numerous technological advancements and developments have led to the evolution of various electronic gadgets and instruments. The growing awareness and user-friendly technol...

San Francisco, 11 October 2018 - The global  indium market  value is anticipated to reach USD 584.8 million by 2025, according to a new report by Grand View Research, Inc. Rising utilization of electronic appliances or gadgets globally are in turn driving the demand for indium. Increasing product application in various electronic devices mainly in flat panel liquid crystal displays and thin film photovoltaics are expected to drive the market over the forecast period.  Indium has been considered as a precious material with multiple physical and chemical properties. It appears in relatively small quantities in the primary form. However, it performs essential functions in a variety of high-value clean tech electronic devices, carbon-free energy technologies, information & communication technology electronic products and as coatings. Its critical applications in these types of appliances are some of the vital considerations for the growth of the indium industry in the ...

San Francisco, 9 October 2018 - The global  head up displays (HUD) market  size is expected to reach USD 13.5 billion by 2025, according to a new report by Grand View Research, Inc. In terms of shipments HUD systems demand would reach 34.87 million units by the year 2025. A Head Up Display is computerized systems that projects information onto the screen in vicinity to the viewer on screen or by means of a separate display. The HUD systems projects data, images, and supporting information to driver or the viewer in such a way that the viewer can view both the outside world and the information simultaneously. Initially, the HUD displays were prominently deployed in aviation industry seeking deployment specifically in military aircrafts. Later, the HUD displays were hosted on to civil aircrafts by means of a secondary screen. In recent times, HUD system finds applications in dynamic application arenas including automobile windscreens, motorcycle helmets where the data is di...

San Francisco, 1 October 2018 - The global  virtual reality (VR) market  is expected to reach USD 48.5 billion by 2025, according to a new report conducted by Grand View Research, Inc. VR technology based Gesture Tracking Devices (GTD) devices find commercial applications in high-performance computers and VR gaming applications. The VR Head Mount Devices (HMD) technology offers a cost-effective and reliable solution to experience immersive virtual experience by means of a smartphone. The consumer electronics application segment would dominate the sector in terms of market size over the forecast period. The growing adoption of medical and consumer electronics based VR applications is anticipated to revolutionize the market by 2025. Non-mobile VR headsets have their own integrated screens, for example, Oculus Rift, whereas mobile VR headsets use smartphones as the screen, for example, Google Cardboard. Numerous large corporations, such as HTC Corporation and Sony Corporatio...

San Francisco, 25 September 2018 - The  Middle East distribution transformer market  is expected to reach USD 3.59 billion by 2022, according to a new study by Grand View Research, Inc. The need for effective electrical distribution has led to increasing adoption across the power, commercial and industrial sectors; this is anticipated to fuel product demand. Several benefits including reduced line loss, better power quality, reduced energy costs and optimal energy use are expected to catapult industry growth significantly. They also offer investment related benefits, improved reliability and compatibility. The escalating need to overcome current losses along with the rising electricity demand is also anticipated to fuel demand over the forecast period. Low cost associated with the installation and conduit of distribution transformers may favorably impact industry growth. Increasing demand across plants and facilities that require huge amounts of power supply such as data ...