Power MOSFET Market by Type and Application to 2018 – 2026

The global power metal oxide semiconductor field effect transistor (MOSFET) market is predicted in a report by Transparency Market Research (TMR) to find vendors focusing on reducing complexities in the production process. Asia Pacific could see consolidation of power MOSFET production as South Korea, China, and India pen supportive industrial policies. Panasonic, Hitachi, Mitsubishi Electric, Renesas, and Infineon are expected to make their presence known in the market. Furthermore, they could stay active in the expansion of the market. Acquisition and new product launch are anticipated to see common adoption as powerful strategies that promise business expansion.

TMR foresees the global power MOSFET market to rise at a 7.8% CAGR between 2017 and 2026 to be worth a US$12.6 bn by the final forecast year. By type of channel, the market could witness the rise of P-channel power MOSFET growing at a CAGR of 8.2%. Regionally, Asia Pacific except Japan (APEJ) is envisaged to gather pace in the market. Power MOSFETs worth an over US$7.0 bn could be sold in the region by the end of 2026.

Application as Electronic Switch Gadget Takes Growth to Next Level

MOSFET is used in electric vehicles and as part of renewable resources. It helps to improve switching speed and avoid power loss. One of the advantages of using MOSFET is improvement in energy saving as it empowers power management in industrial system, consumer electronics, and various other applications. Compatible with greater voltage and current when contrasted with bipolar junction transistor (BJT), it is used as a pocket-friendly solution. Furthermore, it finds application as an electronic switch gadget.

Increase in manufacture of electronic gadgets in Asia Pacific could be another reason for increase in the growth of the world power MOSFET market. Furthermore, rapidly rising demand for compact automation solutions is forecasted to set the tone for significant market growth in the next few years.

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High Execution Cost to Obstruct Market Development in Near Future

The international power MOSFET market is projected to stay strong in terms of revenue growth. However, current leakage and expensive execution cost could pose challenges to players operating in the market. Nonetheless, market opportunities are envisaged to take shape in the near future with the integration of human machine interface (HMI) with power MOSFET. Owing to improved strength and smaller size of power MOSFET, there could be impressive developments observed in the market.

Adoption of power MOSFET is predicted to see a rise as a result of increasing awareness about its durability and enhanced effectiveness and swelling requirement of compact automation solutions. Applications such as consumer electronics could create ample of opportunities in the international power MOSFET market with improved parallel current sharing and high input impedance.

The information presented in this review is based on a TMR report, titled “Power MOSFET Market (Channel Type - N-channel and P-channel; Power Rating - Low, Medium, and High; Application - EV and EHV Components, Computing and Data Storage Devices, Power Devices and Components, Display Devices, Lighting Products, Telecom Equipment, and Industrial; Technology - SiC, GaN, and Si) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2026.”

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Magnetometer Market: Competitive Landscape and Application Development Analysis to 2019 – 2027

Transparency Market Research delivers key insights on the global magnetometer market. In terms of revenue, the global magnetometer market is estimated to expand at a CAGR of ~ 6% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global magnetometer market.

A magnetometer is a device used to measure the direction and strength of the magnetic field at a particular location. Magnetometers are employed across several sectors such as energy, healthcare, aerospace & defense, consumer electronics, surveys, and industrial.

Increasing usage of magnetometers for the detection of archaeological sites is also one of the major factors likely to drive the global magnetometer market in the near future. Archaeologists are using magnetometer-based devices to discover archaeological sites. These sites may consist of minerals that can be detected with the help of magnetometers. Magnetometers in geophysical surveys conducted for mineral exploration are largely used to search for elements such as gold, silver, iron, and copper.

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Archaeologists use satellite global positioning systems (GPSs) to rapidly and precisely map the location of archaeological sites on the ground. Magnetometers are incorporated into GPS devices that receive signals from numerous satellites orbiting around the Earth, and measure the distance from each satellite on the basis of how quickly the magnetic signal travels. Then, by means of the geometric principle of trilateration, the device calculates the location of the site on the ground. Thus, magnetometers are increasingly being used for the detection of archaeological sites, due to their better detection capability. This factor is anticipated to fuel the global magnetometer market during the forecast period.

Global Magnetometer Market: Prominent Regions

North America accounted for a key share of the global magnetometer market in 2018. The region is expected to dominate the global market between 2019 and 2027, owing to the increasing adoption of smartphones, tablets, and consumer electronics products in the region. Among the countries/sub-regions, the U.S constituted a significant share of the market in North America in 2018. The U.S. makes high investments in R&D activities aimed at innovating new technologies, and is the most technologically-advanced country.

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Conveyor System Market by Suppliers, Consumption, Application and Overview

The global conveyor systems market is ruled by some prominent players, says Transparency Market Research, on the basis of a recently published report. The competition among the players is notably intense. Most players are focusing on improving durability and quality of the products to stay ahead in the league. Companies are also focusing on reducing production costs to attract higher sales in the coming years. At the same time, organic measures like mergers and acquisitions can also be witnessed in the coming years by some prominent players in the global conveyor systems market.

The top players in the global conveyor systems market account for more than 50% of the total shares. The competition is expected to become more intense as regional players will up the ante to increase their shares. Some of the key players in the global conveyor systems market are Murata Machinery Ltd., Daifuku Co. Ltd, Dematic Group, and Schaefer Systems International Inc.

The global conveyor systems market was valued at US$4.6 bn in 2016 and is expected to grow at a CAGR of 3.5% during the forecast period from 2017 to 2025. The market is projected to reach US$6.31 bn by 2025. Such positive factors will aide growth in the market in the coming years.

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Europe is expected to remain the most dominating region in the global conveyor systems market. At the same time, analysts predict that the Asia Pacific region will grow at a never-like-before pace in the coming years. Among the various types, belt type conveyor systems will hold the highest share in the market.

Safe Working Environment Calls for Installation of Conveyor Systems in Industries

Conveyor systems are used to move products across a manufacturing process. While handling large volumes of goods, laborers might struggle to move them from one place to another. On the other hand, many manufacturing industries handle heavy products. Conveyor systems could be the ideal product to help improve the manufacturing process’ efficiency and speed. It also helps provide safety to the laborers. These aspects are favoring growth in the global conveyor systems market.

Another area where conveyor belts find applications is airports. The number of people opting for air travel is increasing year after another. This has pushed governments across the world to expand airports to meet the growing passenger footfall. This also calls for more number of conveyor systems to improve speed of baggage collection for arriving passengers. This is another positive trend for the global conveyor systems market’s expansion.

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High Cost of the Product Could Impede Growth

Conveyor systems are expensive. Not only that, their installation is a humungous task for manufacturers. The cost of installation is also expensive. Hence, it is almost impossible for small and medium scale industries to facilitate installing conveyor systems. This could impede growth in the global conveyor systems market.

However, many manufacturers have realized that there is enough demand from small and medium scale industries to improve their manufacturing efficiency. To suit their demands, companies in the global conveyor systems market are working on developing small scale conveyor systems that are budget-friendly and easy to operate.

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Digital Voice Recorder Market Demand and Opportunities 2018-2022

The demand within the global digital voice recorder market is treading along an ascending trajectory in recent times. The importance of a sound conversion device in multiple industries has paved way for the development of resilient digital voice recorders. These recorders offer the option of storing recorded audio and sound as a digital file. Besides, the ability to play this digital file on multiple devices has also popularised digital voice recorders. Therefore, the total volume of revenues within the global digital voice recorder market shall increase as the electronics industry achieves digital maturity. Moreover, current-day voice recorders are equipped with new features that can convert an audio file into multiple formats. This helps individuals who need to play the audio file on multiple devices and in differing media.

A report by Transparency Market Research (TMR) predicts that the global digital voice recorder market would grow at a formidable CAGR of 11.50% over the period between 2017 and 2022. The total value of the global voice recorders market is set to touch US$1.91 bn by 2022-end, rising up from a value of US$1.15 bn by 2017. The stellar growth rate of this market can be attributed to advancements in digital technologies. Investments in electronic research have paved way for the inflow of fresh revenues into the global digital voice recorders market.

Use of Voice Recorders in Key Industries

In the contemporary times, the relevance of digital voice recorders is well-known across all major industries. Popularity of smartphone devices and tablets has given an impetus to market growth and maturity. These devices are equipped with compact digital voice recorders that can store audio in multiple formats. Manufacturers of digital devices are looking for new ways of fostering adaptability and compatibility in their products. This trend shall result in increased use of digital voice recorder in the times to follow. Furthermore, the electronics industry is investing heavy amounts in research and development. These investments could be directed towards developing efficient, effective, and resilient digital voice recorders.

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Entertainment Industry at the Forefront of Market Growth

The entertainment industry is a prominent consumer of digital voice recorders. The use of voice recorders with noise-cancellation, sound enhancement, and other important features has increased across the entertainment industry. Furthermore, recording studios are equipped with digital voice recorders with premium features. Therefore, the revenue index of the global digital voice recorder market is set to improve in the years to follow. Majority of digital voice recorders are portable, chargeable, and can function with minimal use of electricity. The availability of such high-utility recording devices shall drive demand within the market.

Some of the leading vendors operating in the global digital voice recorder market are Hyundai Digital Tech Co. Ltd., Leap Investment Ltd., Samsung Electronics Co. Ltd., Royal Philips NV, and Zoom Corp.

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Train Control and Management Systems Market Consumer Needs, Trends and Drivers Analysis and Forecast to 2024

The global train control and management system market is highly competitive and fragmented, states a new study by Transparency Market Research (TMR). The top four companies, namely, Bombardier Inc., Alstom S.A., Siemens AG, and Toshiba Corp. could occupy a share of nearly 45% only in this market in 2015. With the rising number of new entrants, the competition within the market is likely to intensify in the near future. 

As per TMR’s estimations, the global market for train control and management systems, which presented an opportunity worth US$2.5 bn in 2015, will rise at a CAGR of 8.20% during the period from 2016 to 2024 and touch US$5.01 bn by the end of the forecast period. Communication-based systems witness a higher demand than other train control and management systems and are expected to continue doing so over the next few years. The benefits these systems offer, such as the reduced maintenance costs and enhanced interoperability, act as the main driving force behind the increasing uptake of these systems. 

Presence of Large Pool of Established Players to Ensure Continued Lead of Europe

The research report also provides a geographical assessment of the worldwide market for train control and management systems. According to the report, the global market is stretched across Europe, Latin America, Asia Pacific, the Middle East and Africa, and North America. Europe, among these, has occupied the topmost position in the market, thanks to the presence of a large number of established train control and management systems manufacturers. Researchers predict continued lead of the Europe market for train control and management systems throughout the forecast period, expanding at a CAGR of 7.70%. 

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North America holds the second position in the global market and is expected to maintain it over the period of the forecast. The substantial rise in the government spending on a number of high speed rail projects in this region is likely to propel this regional market in the near future. Among others, Asia Pacific is anticipated to exhibit high growth potential for the manufacturers of train control and management systems in the near future on account of the upswing in the need for the reduction in road traffic congestion and energy efficacy. The infrastructural advancement of railways and the rise in the public investments in rail projects are also projected to drive the Asia pacific train control and management system market in the years to come, states the report. 

Need for Technologically Advanced Transportation Infrastructure to Reflect Positively on Market’s Growth 

“The growing demand for rapid rail transit systems, globally, is the most prominent factor behind the rise of the global train control and management systems market,” says an analyst at TMR. The tremendous rise in the global population has fueled the need for a technologically advanced transportation infrastructure. 

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Automotive Electronic Power Steering Market - Worldwide Growth Survey size COVID-19 2022

The global automotive electronic power steering (EPS) market is prognosticated to gain a strong boost in demand on the back of special features such as precision turning and reduction in the use of power, which could not be offered by traditional steering. Moreover, automotive EPS systems could help improve the driving experience and fuel efficiency. Previously, the automotive EPS technology was only implemented in sport utility vehicles (SUVs) and advanced automobiles. However, with the increased dependency on automotive EPS, this technology now finds application in almost all classifications of automobiles.

Transparency Market Research envisages the global automotive EPS market to rise at a 5.9% CAGR during the forecast timeframe 2017–2022. By the concluding forecast year, the market could bag in a US$33.1 bn, which is a telling progress from a US$24.8 bn achieved in 2017.

Global Automotive Electronic Power Steering Market: Major Insights

One of the top growth factors of the world automotive EPS market could be several automotive firms concentrating on research and development activities. It could be said that the market is mainly reliant on the automobile manufacturing industry. Rising competition to manufacture auto-pilot enabled or self-driven and electric automobiles is envisioned to promote the snowballing of the demand for automotive EPS. The development of EPS with no direct connection of links could be a growing trend in the market. Furthermore, the emergence of robust and sophisticated steering mechanism is foretold to augur well for market growth.

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After a decisive and an in-depth analysis of the world automotive EPS market, the analysts foresee the presence of four products to make a significant difference, viz. column-assist (C)-EPS, pinion-assist (P)-EPS, rack-assist (R)-EPS, and hydraulic (H)-EPS. However, H-EPS could take the lead in the market while rising at a 4.9% CAGR. In terms of vehicle, heavy commercial vehicles, light commercial vehicles, luxury passenger cars, premium passenger cars, mid-sized passenger cars, and compact passenger cars could be the major markets for automotive EPS.

Geographically, the world automotive EPS market could witness Europe as a superior region riding on a 26.3% share to be attained by the end of 2017. Asia Pacific except Japan (APEJ) is predicted to post an impressive CAGR of 6.4%. Other regions such as North America could also contribute handsomely toward the growth of the market.

Global Automotive Electronic Power Steering Market: Vendor Landscape

The international automotive EPS market is anticipated to feature the presence of a significant count of global and some regional players. Buyers of the publication would be exposed to a key and comprehensive analysis of top companies such as Sona Koyo, Hitachi Automotive, ThyssenKrupp Presta, Showa, and KSR International Company. The market could exhibit a high competitive scenario for the next few years.

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With a view to expand their presence in the market, players are expected to take to swelling investments in research and development activities and enlarging their clientele base. A large count of original equipment manufacturers (OEMs) could be focusing on long-term collaborations with players in order to effectively manage the quality and cost of the materials engaged.

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Driver Safety Systems Market - Trends & Leading Players 2022

Players within the global driver safety systems market are striving to develop advanced systems in order to gain a competitive edge above the others. Leading players with in the market are developing Innovative features in order to maintain their positions in the market, says Transparency Market Research (TMR) in its latest research report on this market. An increasing number of market players are focusing their efforts on introducing advanced yet inexpensive driver assistance technologies. Some of the leading players within the global driver safety systems market are: Magna International Inc., Continental AG, Robert Bosch GmbH, Seeing Machines, Smart Eye AB, Valeo S.A., Denso Corporation, and Infineon Technologies AG.

According to the report, the global driver safety systems Market is anticipated to rise from US$1,921.3 Mn in 2017 to reach US$2,750.0 by the end of 2022. The market is anticipated to expand at a CAGR of 7.4% from 2017 to 2022. On the basis of technology, the global driver safety systems market is segmented into facial expressions, steering angle sensor, heart rate monitoring, eye tracking, and lane departure system. Of these, the eye tracking segment is anticipated to enjoy higher demand among car buyers. This segment was valued at US$ 456.6 Mn and accounted for 23.8% of the total market in 2017. The eye tracking segment is anticipated to exhibit and 8.1% CAGR between 2017 and 2022 and account for 24.5% of the total market by 2022. 

On the basis of geography, it is anticipated that Asia Pacific excluding Japan APEJ will hold the maximum share of the market. The APEJ segment will expand at an 8.4% CAGR from 2017 to 2022. It is anticipated to gain 138 basis point market share by 2022. The market's growth in Asia Pacific excluding Japan is attributed to the adoption of driver safety systems in passenger cars. The high demand from emerging economies in Asia Pacific excluding Japan his behind the leading status of this region within the driver safety systems market.

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Increasing Demand For Convenience And Rising Number Of Road Accidents Driving Market

Rising demand for convenience and passenger safety along with driver safety has led to the growth of the global driver safety systems market. The rising adoption of advanced driver assistance systems has led to a rise in the adoption of driver safety systems in compare, commercial, and mid-sized vehicles, and all types of cars. This market is also boosted by various initiatives taken by government for the improvement of safety of passengers as well as for the reduction of road accidents. Car makers are thus pressurized to adopt and implement driver safety systems on account of the growing focus of the government with regards to the safety of drivers and passengers. 

Increasing Popularity of Advanced Driver Assistance Systems Aiding Market's Growth

The rising trend of driver safety systems equipped with functionalities such as steering angle sensor, lane departure warning, heart rate monitoring, and blind spot warning are helping drive the market. The growing popularity and demand for advanced driver assistance systems (ADAS) as one of the aftermarket  solutions is also a driving factor for the global driver safety systems market. In passenger cars, there is an increasing demand for distraction monitoring systems  in both developed and developing nations, which in turn bodes well for the global driver safety systems market. This market is expected to receive an impetus from an increasing number of premium and luxury cars adopting driver safety systems in both compact and midsize vehicles in both developed and developing nations, said a TMR analyst.

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