Neuromorphic Computing Market – Business Strategies, Revenue Generation, Market Shares & Latest Development

Neuromorphic computing or neuromorphic engineering has been described as the use of large integration systems containing numerous analog circuits allowing the replication of neuro-biological behaviors existing in a human’s nervous system. The neuromorphic computing platform consists of two vital systems based on the custom hardware architecture. Such systems are designed to program neural microcircuits by applying brain-like thought process in cognitive computing and machine learning process.

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This procedure enables a machine to learn, adapt and function like a human brain does rather than functioning like a normal computer. In addition, to perform such a complex task, the computing platform requires the state-of-the-art circuit technologies and electronic components, which allows the platform to receive new data or knowledge gained from various other sources of neuroscience research, e.g. theoretical neuroscience, brain modelling and experimental neuroscience.

The neuromorphic computing systems are programmed as brain inspiring devices, which are capable for low energy and high speed simulations of synaptic plasticity with spiking neural networks. The two neuromorphic computing systems are BrainScaleS system and SpiNNaker system. The BrainScaleS system is purely based on mixed signal and analogue emulations of neuron, synapse of plasticity models with digital connectivity going up to 10,000 times faster than the real time. The SpiNNaker system on the other hand is based on numerical model, which runs in real time on custom digital multicore chips. The simulation and models for this system is provided in Python script, which uses PyNN API.

Neuromorphic computing is expected to gain huge momentum in the coming years due to the gaining familiarity of neuromorphic computing technology and rising demand for artificial intelligence. Artificial intelligence is used as applications in language processing, computer vision and image processing, translation and chatterbots, and non-linear controls and robotics. In addition, increasing application and usage of software in neuromorphic computing is also set to drive the growth of this market. Softwares in neuromorphic computing is used as various applications such as predictive analysis, machine vision, video monitoring, online learning and data modelling among others.

There has been an emerging trend of combining embodied models and neuroscience computation for the application of neuromorphic chips in cognitive and brain-based robots. Major companies in the neuromorphic computing market are improving their efforts in their research and development activities and marketing strategies for the commercialization of neuromorphic chips.

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Such initiatives is expected to help companies penetrate into new areas of market and create awareness for the new technology and products involved supporting the advancement of neuromorphic computing technology.

Moreover, the replacement of Von Neumann chips by neuromorphic chips is also expected to bolster the growth of neuromorphic computing industry, exponentially. Neuromorphic chips exhibit qualities such as low power consumption, high speed accuracy and optimum memory usage. However, limited research and development in this market due to huge investment and advanced technologies required, coupled with complexity in the designing and manufacturing of neuromorphic chips are the major factors inhibiting the growth of neuromorphic computing market.

The neuromorphic computing market can be categorized into five application segments such as image processing, signal processing, object detection, data processing and others. The signal processing market is expected to show significant growth in the coming years owing to the rising demand for acoustics signal and processing of audio. By end-use, the market can be segregated into five segments such as automotive, consumer electronics, automotive, defense, healthcare and others.

The consumer electronics is expected to hold the largest share in terms of end-use application of neuromorphic computing. The usage of neuromorphic computing in self-driven and smart vehicles is expected to bring a transition in transportation and furthermore, propel the growth of automotive sector. The usage of neuromorphic chips in satellites for surveillance and aerial imagery is highly in demand in the defense sector.

The key players in the neuromorphic computing market include Hewlett-Packard (U.S.), IBM Corporation (U.S.), Samsung Electronics Co. Ltd. (South Korea), Qualcomm Inc. (U.S.), Intel Corporation (U.S.), Brain Corporation (U.S.), HRL Laboratories (U.S.), General Vision Inc (U.S.), Vicarious (U.S.), Knowm Inc. (U.S.), Numenta (U.S.), and CEA-Leti (France) among others.

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Battery Management System (BMS) Market – Rising Trends and New Technologies Research Report Till 2024

A battery management system (BMS) is an electronic framework that deals with a rechargeable battery. The most vital function that a battery management system does is cell defense and thus it ensures long life of a battery. To guarantee that a battery’s charge does not go beyond or under its limit, it has a defending unit called as lithium-ion protector, which protects the cell from getting damaged. If lithium ion battery cells get overcharged they may possibly get damaged due to excessive heating. Thus, it is important to have a battery management system in order to provide overvoltage protection.

Battery management system also provides energy management. Battery management systems for certain applications such as the hand-held point-of-sales (POS) terminals also include an implanted charger which consists a control device, an inductor and a discharger. The controller device handles the charging procedure. For lithium-ion cells, the best charging procedure is continuous current and continuous voltage. A battery pack typically consists of numerous discrete cells that work in combination. In an ideal world, all the cells in battery pack must be kept at equal state of charge. If the cells go unstable, every single cell can get strained and lead to premature charge termination and a lessening in the overall life of the battery.

Global Battery Management System Market: Drivers and Restraints

The key factors that are expected to aid the growth of battery management system market are innovations in automotive segment including e-vehicles. The demand for e-vehicles has been growing significantly in recent years and automotive manufacturers are investing heavily in such solutions. For instance, in December 2015, Porsche AG, an automobile manufacturer announced a large investment of around US$1.08 Bn to build a plant to manufacture all-electric sports cars. The use of unmanned vehicles such as drones in defense activities and need of long lasting batteries for cellular phones and portable computers such as laptops are also aiding the growth in demand for battery management systems.

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The cellphone makers such as Samsung Electronics Co., Ltd., Motorola Mobility LLC and LG Electronics are vying to offer best in class battery for their high-range smartphones. These phones consume battery rapidly due to presence of new highly demanding features including 4G functionality. Thus, the companies are incorporating battery management system (BMS) to monitor and control the batteries used in these devices.

Wireless BMS and BMS supporting all the cell types are recent trends in the market and are expected to gain significant traction during the coming years. Industry verticals deploying battery management systems include automotive, energy, telecom, defense, consumers. On the basis of topologies, BMS can be classified as centralized, distributed and modular, which is based upon the use of controller in BMS.

Global Battery Management System Market: Competitive Landscape

The market for battery management systems is expected to become increasingly competitive during the coming years and the focus of key players is expected to be on research and development along with partnerships. The key original equipment manufacturers (OEMs) of BMS include Ventec S.A.S., Nuvation, Ashwoods Energy Limited, Tws, Lithium Balance, Vecture Inc., Toshiba America, Inc., LARSEN & TOUBRO LIMITED, Merlin Equipment Ltd., AVL, Navitas System, LLC Corporate and Johnson Matthey.

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Exhaust Sensors Market – Positive Outlook for Industry Opportunities & Trends

One of the most critical issues for governments around the world is Automobile Pollution. Nitrogen oxide and carbon monoxide are the major gasses that are causing the air pollution. This has led to increased health and environmental concerns. Significant technological research and development is being done for reducing emissions of nitrogen oxide and carbon monoxide. This has led to the use of exhaust sensors to control and monitor emissions from vehicles.

Almost all types of automobiles from HCVs to passenger cars use exhaust sensors. O2sensors are most widely used automobile sensors. Global market for exhaust sensors is highly fragmented due to established manufacturers and a number of medium and small enterprises. Many existing vendors are inclined towards merger and acquisition in the exhaust sensors market to expand. For example, Antaya Technologies acquired by Delphi Automotive in 2014 for increasing business operations in markets.

Increasing use of diesel engine vehicles is the key driver for the growth of exhaust sensors market as diesel engines release more particulate matter than gasoline engines. This has a negative impact on health of people and environment leading to increasing demand for exhaust sensors, diesel particulate filters, and exhaust gas recirculation. Low cost and efficiency of diesel are the factors which are increasing sales of diesel automobiles across the world. Another major driver for the exhaust sensors market is the government regulations on emission. Growing auto sales due to increased automobile sales is another factor leading to growth of exhaust sensors market.

Rise in electronic content in automobiles is also driving the growth of exhaust sensors market.Increasing trend of IC miniaturization is one of the factors augmenting the growth of exhaust sensors market. Deployment of safety systems like ADAS (advanced driver assistance systems) and AEB (auto emergency braking) will lead to the growth of the exhaust sensors market. Increasing use of microelectromechanical system (MEMS) is also leading to increase in exhaust sensors in market. Increasing demand for commercial vehicles will boost the exhaust sensor market. However rise in use of electric vehicles will limit the market growth.

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Exhaust sensors market can be segmented based on type (O2 sensors, NOX sensors, particulate matter sensors, differential pressure sensors), vehicle type (passenger and commercial), and by geography. An oxygen sensor measures amount of oxygen in the exhaust gas, a good indication of combustion efficiency of engine and perfect ratio of fuel and air (also called stoichiometric ratio). Too much of oxygen in exhaust gas (indicating lean mixture) produces more nitrogen oxide leading to poor performance, misfire, and engine damage. Too little of oxygen (indicating rich mixture) wastes fuel and hence reduces economy. The oxygen sensors are located before catalytic converters in the exhaust manifolds. Previously only one oxygen sensor was fitted to monitor air and fuel mixture but now four or more oxygen sensors are integrated to check the converter’s efficiency.

APAC is the largest market for exhaust sensors. Economic growth in countries like India and China is increasing demand for passenger cars which is further attracting automobile manufacturers to invest in technology hence increasing the demand for exhaust sensors. Emission regulations are more stringent in Europe and America than China and India but due to increasing concerns for environment pollution strict emission exhaust sensors market will be augmented. Second largest exhaust sensors market is North America. Europe and North America markets have already matured for exhaust sensors. UK, Germany, and France are the main contributors in Europe market.

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Key vendors in the market include Continental, Delphi Automotive, Denso, Hitachi Automotive Systems, Robert Bosch, and Sensata Technologies. Other important vendors include Broadcom, ABB, Emerson Process Management, Analog devices, NGK Spark Plug, Faurecia, and Tenneco.

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Emerging Markets Offer Lucrative Growth Opportunities in Semiconductor IP Market

Semiconductor IP centers are utilized as a part of different application portions, for example, organizing innovations, telecom framework, mobiles and tablets, and PC and peripherals to spare vital plan time and consumption. What’s more, these IP centers have entered into new application segments including medicinal, modern, safeguard, car, and aviation to address expanding reliance on advanced and complex electronic frameworks. IP is basic in enhancing outline efficiency for cutting edge level plan forms and along these lines has extensive potential in the semiconductor market.

Innovation move goes about as a noteworthy test for the development of the semiconductor IP market as another innovation is probably going to enter the market in each jump and break the balance, and IP sellers need to restart their innovative work for each up and coming and new innovation. Multiplication of mobiles and tablets is relied upon to open up new development open doors for the semiconductor IP industry by virtue of developing interest for duo core and quad-core processors. The approach of octa-core processors for PDAs is relied upon to offer new roads for the worldwide semiconductor IP market. IP is basic in enhancing outline profitability for cutting edge level plan forms and along these lines has significant potential in the semiconductor market. 

A semiconductor IP is a reusable unit of logic or cell, which is intellectual property of one party. These semiconductor IP cores can be licensed to a third party or can be owned by a single party. Semiconductor IP cores are used as building blocks within Application Specific Integrated Circuit (ASIC) designs and Field Programmable Gate Array (FPGA) logic designs. Semiconductor IP is critical for design and implementation of complex system ICs.

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As the design becomes more complex, a greater number of semiconductor IPs are embedded into an IC design. Semiconductor IP has become a vital part of the electronic design process since it helps to reduce IC development costs, accelerates time-to-market, reduces time-to-volume, and increases end-product value. It helps organizations to bridge the design gap.

An advantage of semiconductor intellectual property is that it enables manufacturers to design chips faster by making use of existing blocks. Semiconductor intellectual property cores improve the quality of devices and enhance the efficiency of the final product. Rising demand for reduced design and manufacturing costs across the world have resulted in the growth of the semiconductor intellectual property market. A restraint of the global semiconductor intellectual property market is the detection of infringement of patented technologies. As a result, most companies in the market have changed their long-term licensing contracts to medium-term and short-term ones.

Semiconductor intellectual property cores are used to enhance the quality of devices and increase the efficiency of products. Semiconductor intellectual property allows manufacturers to design chips faster using existing blocks. Growing demand for reduced design and manufacturing costs across the world have resulted in the growth of the semiconductor intellectual property market. Similarly, growing adoption of modern system on chips (SOC) designs and rising adoption of outsourcing of semiconductor components are expected to drive the market for semiconductor intellectual property.

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With the increasing adoption of semiconductor intellectual property, many IP vendors are focusing on delivering customized specifications according to demand. IP vendors are divided into IP developers and licensors and open source IP vendors. IP vendors provide semiconductor IP to manufacturers to reduce their labor cost of developing elementary components of devices. Thus, the growing presence of third-party IP vendors and increase in licensing of software with semiconductor IP by several key players is projected to drive market expansion during the forecast period.

The semiconductor IP market is segmented on the basis of design IP, IP source, vertical, and region. The semiconductor IP market by design IP is further segmented into processor IP, interface IP, memory IP, and other. Based on IP source, the market is segmented as royalty and licensing. The market on the basis of vertical is segmented into consumer electronics, telecom, industrial, automotive, commercial, and others. On the basis of geography, the semiconductor IP market can be segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. The report also provides country level analysis for each of the segments. The U.S., Canada, Germany, Italy, France, U.K., China, Japan, India, Saudi Arabia, Africa, Brazil, and Argentina are the countries included in the market study of semiconductor IP.

The semiconductor IP market has a large number of small and large players. Many new players are entering the market in order to meet the rising demand for less expensive and highly reliable end-products with more sophisticated features. Meanwhile, well-established players are looking for suitable opportunities to acquire other IP companies to strengthen their position in the market. 

Some of the key players in the semiconductor IP market include Arm, Synopsys, Cadence, Imagination, Lattice Semiconductor, Ceva, Rambus, Mentor Graphics, eMemory Technology Inc., and Sonics.

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Recycled Paper Packaging Market Driven by Growing Demand for Environment Friendly Products

Recycled paper packaging employs paper products as their raw materials. The raw materials they use are basically extracted from the waste paper that is generated by the end users or the waste that has been created during the manufacturing of other products pertaining to paper packaging. It has several advantages such as it reduced the cost of paper packaging materials up to 40%. Paper is one such material that can be recycled almost 10 times for being reproduced as a completely new product and that can be employed in several applications as well. The rise in environmental concerns across the world and the surging need for reducing toxic emissions, recycled paper packaging is being incessantly used by the Personal Care, Healthcare, and Food and Beverages Industry.

The growing demand for environment friendly products, is a core factor that has been supplementing the growth of the global recycled paper packaging market. In order to adhere to the strict rules that have been laid down by governments across the globe in terms of environment security, many industries are resorting to recycled paper packaging. The proliferating awareness among people regarding the benefits of paper recycling and the need for a sustainable future dawning on them is expected to have a positive impact on the progress of the global market for recycled paper packaging. The availability of incentives and supports from the governments is another core driving force for the market.

Increase in demand for eco-friendly products, in turn, is expected to drive demand for recycled paper packaging in the near future. The waste paper generated from the end-use industries and by the consumers is utilized as raw material for the production of recycled paper packaging. The major advantage of using recycled paper packaging is the associated reduction in the cost of packaging material. This is a major factor expected to increase the demand as well as consumption of recycled paper for packaging, thereby boosting growth of the global recycled paper packaging market over the forecast period.

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Stringent government regulations pertaining to environmental concerns and reduction in carbon emissions are also among the major factors expected to fuel consumption of recycled paper packaging across the end-use industries. Moreover, the ongoing growth witnessed in the end-use industries, such as food and beverages, is also anticipated to fuel growth of the global recycled paper packaging market in the coming years. The global recycled paper packaging market is anticipated to expand at a moderate CAGR over the forecast period.

Recycled Paper Packaging Market: Drivers and Restraints

Recycled paper packaging is expected to find major applications in the food and beverages industry. Thus, the growth of the industry, in turn, is expected to drive growth of the recycled paper packaging market over the forecast period. Besides, the increasing consumer awareness pertaining to use of recycled products is anticipated to further boost the demand for recycled paper packaging products, thereby driving growth of the market over the forecast period. Moreover, the increasing awareness about the hazardous effects of plastic waste accumulation is also projected to be a major reason for growth of recycled paper packaging market over the forecast period. The increasing government initiatives and support for the use of recycled products is also expected to be a major factor boosting growth of the recycled paper packaging market further.

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Specialty Paper Market – Business Strategies, Revenue Generation, Market Shares & Latest Development

The specialty paper market has risen spectacularly in recent years following the rapid adoption of packaging mechanisms and home delivery facilities in a number of sectors. Growth of the consumer goods sector has been the prime driver for the specialty paper market, as packaging and labeling applications account for close to 40% of the global specialty paper market and are likely to remain the leading revenue generator for the market in the coming years. The booming demand for consumerism channels is thus likely to remain the key driver for the specialty paper market.

The rising online shopping sector in emerging as well as developed economies is a key driver for the global specialty paper market. The convenience of shopping online has led to a consistent rise in user figures for ecommerce portals, which has led to a corresponding rise in the demand for packaging materials and other materials required to transport and store the products. The specialty paper market has been a key beneficiary of these developments, as it has widespread utility in several parts of the online shopping sector.

Regionally, Europe is likely to exhibit the leading share in the global specialty paper market in the coming years. The steady presence of paper processing framework in the region is a key driver for the Europe specialty paper market, while the steady rise in the use of online shopping channels in the developed and affluent region is also a consistent contributor to the global specialty paper market. Besides Europe, Asia Pacific is also likely to contribute significantly to the global specialty paper market in the coming years due to the increasingly prosperous economic growth in several countries in the region.

Specialty paper is used to transport and safeguard a wide range of merchandise. High demand from the end use industry, such as packaging and labelling, is anticipated to drive growth of the specialty paper market over the forecast period. The specialty paper market constituted almost 6% of the global specialty paper and paperboard market in terms of volume in 2014. Europe was the leading exporter of specialty papers in 2014.

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Rapid increase in consumerism, in turn, is projected to drive demand for specialty papers in the developing countries. The convenience offered by customizable specialty paper products, coupled with their beneficial properties, is also among the major factors anticipated to drive growth of the specialty paper market over the forecast period. Thus, in view of all the above driving factors, the global specialty paper market is expected to witness high growth over the forecast period.

Growth witnessed in the end-use industry, such as packaging and labelling, in turn is expected to drive growth of the specialty paper market in the near future, as packaging and labelling constitutes almost 40% of the global specialty paper application. Change in lifestyle of people and rise in aging population are factors anticipated to increase demand for specialty paper in the food service, packaging, and medical applications. Besides, rise in the disposable income of people across the globe is expected to further fuel demand for specialty papers over the forecast period.

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Paper & Paperboard Packaging Market – Business Opportunities, Current Trends, Market Challenges

Paperboard packaging is used to provide packaging solutions, largely to the consumer products. Demand for paper and paperboard packaging solutions is increasing in specific set of application areas, whereas paperboard packaging demand registered impasse growth. Paper and paperboard packaging solutions have extensive applications across several industrial verticals from healthcare to food and beverages industry and personal care to home care. Additionally, these packaging solutions are used in sectors such as freight & carrier, education and stationary, and construction. Furthermore, paper and paperboards are also used to make packaging labels, boxes, cartons and cardboard boxes.

Companies engaged in paper and paperboard packaging solution are widening their offering from core product to consulting services to the end users for picking out the most effective packaging solution as per consumer requirements. The need for such strategy is largely due to stagnate growth in the traditional paper and paperboard manufacturing industry. In the food industry, the paper and paperboard packaging is used to pack fruits, vegetables, ice-cream, meat, etc. In the beverage industry, the paper and paperboard packaging technique is used to package milk, juices, etc., whereas, in the healthcare industry, the packaging technique is used in packing pharmaceutical products, medicines, etc.

Global Paper & Paperboard Packaging Market: Segmentation

The global paper & paperboard packaging market is segmented on the basis of grade, application, product type, and region. On the basis of grade, the global paper & paperboard packaging market is segmented into coated unbleached ‘kraft’ paperboard, White Line Chipboard (WLC), label paper, Folding Box Board (FBB), Solid Bleached Sulfate (SBS), and others (liquid packaging grade, parchment paper, vegetable paper, and filter paper). On the basis of application, the global paper & paperboard packaging market is segmented into food, beverages, healthcare, personal care, home care, and others (construction, education and stationary, etc.).

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On the basis of product type, the global paper & paperboard packaging market is segmented into corrugated box, boxboard, and flexible paper packaging. On the basis of region, the global paper & paperboard packaging market is segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East and Africa, Asia Pacific excluding Japan, and Japan.

Global Paper & Paperboard Packaging Market: Drivers and Restraints

Due to increasing consumer awareness about the ill-effects of non-biodegradable materials and rising environmental concerns, consumers are increasingly opting for environment friendly packaging solutions, thus, driving growth of the overall paper and paperboard packaging market. Moreover, increasing disposable income of people especially in the developing countries is another factor fuelling growth of the global paper and paperboard packaging market currently. Furthermore, increasing dependence on convenient foods among consumers is a key element fuelling growth of the market currently.

Growing consumer awareness for sustainable packaging techniques and recyclability of paper and paperboard packaging are some of the other key factors boosting growth of the global paper and paperboard packaging market currently. Intense competition among the paper and paperboard packaging manufacturers is a key factor restraining growth of the market. Besides, prevailing fragmentation in the industry due to increasing concentration of small and medium scale manufacturers and converters is a key element acting as a restraint for growth of the global paper and paperboard packaging market currently.

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Global Paper & Paperboard Packaging Market: Key Players

The major players involved in the manufacturing of paper and paperboard packaging products include Amcor Ltd., Cascades Inc., ITC Ltd., DS Smith Plc., Packaging Corporation of America, Clearwater Paper Corporation, Mondi Group, Metsa Group, RockTenn Company, Nippon Paper Industries Co. Ltd, Svenska Cellulosa Aktiebolaget, Smurfit Kappa Group plc, Stora Enso Oyj, International Paper Company, and Sappi Limited, among others.

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