Windsurfing Equipment Market 2020-2022 Study & Future Prospects

Windsurfing sustains its position by being rapidly growing water sports all across the globe. With enough factors to fuel the demand, windsurfers from around the globe are transforming natural water bodies into their spot for surface water sporting. Makers of windsurfing equipment keep on developing new boards and sails to enhance the aquadynamic performance of the windsurfers. Weight of the surfer, style of surfing, and various windsurfing types are key criteria contributing in the improvement of equipment, for example, windsurfing sails and windsurfing boards.

Some of the major players operating in the global windsurfing equipment market are S.A, Societe BIC, Ricci International Srl, Kona Windsurfing Ab, TABOU SURFBOARDS, Shriro Holdings Ltd., Point 7 International Ltd., Kai Nalu Incorporated, Mistral International B.V., Drops Boards SAS, and Witchcraft Windsurfing.

According to a recent report by Transparency Market Research (TMR) the global market for windsurfing equipment is estimated to experience robust CAGR within the forecast period from 2017 to 2022. The global market is prognosticated to reach around worth of US$450 Mn in in terms of revenue by the end of forecast period, 2022.

North America to Be Biggest Market in Entire World

In terms of product type, in 2017, the windsurfing equipment market was dominated by coolrider windsurfing boards, and, the demand is expected to surge exponentially higher than other kind of items accessible in the market. Geographically, North America region is likely to continue as the biggest market for windsurfing equipment in the entire world. North America’s windsurfing equipment market is foreseen to reach around worth of US$110 Mn value. The US is the biggest hub for the sports event related to wind surfing, where International Sailing Federation manages the undertakings. Higher cooperation in water sports, for example, windsurfing over the US is estimated to drive the development of windsurfing equipment market in the region.

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An ideal mix of surfing and sailing, windsurfing has risen as a standout amongst the most mainstream and quickly developing water sports on the planet. As windsurfing fans from around the world keep on seeking challenges by free-styling through huge waves, adequate windsurfing equipment turns into the sole methods for their wellbeing. Quickly changing streams of ocean waves additionally support the significance of having fitting windsurfing equipment. From sails and boards, producers of windsurfing equipment keep on remodelling their contributions by testing new plans that enhance the dynamic execution of windsurfers over various conditions. Be that as it may, remarkable attributes of windsurfing equipment, which incorporate long item life cycle, low substitution rate and enhanced strength, are turning into the main source behind the substantial development of global windsurfing equipment market.

Collective Features Of Sailing Surfing To Contribute In Market Development

By consolidating the components of surfing and sailing, windsurfing has picked up way of life as surface water sports where the windsurfer explores through low tides and high tides on an aquadynamic board. With a sail appended to the board, windsurfing boards are fueled by wind blowing over surface of sea. Each of the windsurfing equipment is characterized by the skills of the surfer, conditions, and so on.

The review is based on the findings of a report by Transparency Market Research, titled “Windsurfing Equipment Market (Product Type – Bullitt, Coolrider, Manta, 3S Windsurfing, Rocket, Freetime, Vapor, Pilot, Matrix, Savage; Channel – Sport Stores, Franchised Stores, Speciality Stores, Online Windsurfing; Price Range – Economy, Mid-Range, Premium, Super-Premium) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022.”

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Key Takeaways:

• An ideal mix of surfing and sailing, windsurfing has risen as a standout amongst the most mainstream and quickly developing water sports all over the world.
• Remarkable attributes of windsurfing equipment, which incorporate long item life cycle, low substitution rate and enhanced strength, are turning into the main source behind the substantial development of global windsurfing equipment market.

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Cannabis Vaporizers Market Insights and In-Depth Analysis 2020-2030

Transparency Market Research delivers key insights on the global cannabis vaporizers market. In terms of revenue, the global cannabis vaporizers market is estimated to expand at a growth rate of ~17% during the forecasted timeline, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global cannabis vaporizers market report.

In the report, TMR predicts that the global cannabis vaporizers market would be largely driven by factors such as usage of cannabis and cannabis extracts such as cannabis and wax in various parts of the globe. Increase in trend of using vapes is projected to boost demand for cannabis vaporizers in the near future.

According to the cannabis vaporizers market research report, based on type, the market includes portable/handheld, and desktop cannabis vaporizers. Portable or handheld cannabis vaporizers are anticipated to dominate the global cannabis vaporizers market. In terms of ingredients, dry herbs accounted for ~64% market share in the year 2019, as dry herb is cheaper in terms of price as compared to other cannabis extracts. Based on heating method, conduction vaporizers are considered as the preferred choice of consumers in recent years. This segment dominated the market in the year 2019.

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In terms of usage, the use of cannabis vaporizers for recreational purposes accounts for largest market share and is expected to maintain its dominance in the near future due to rapid increase in popularity of cannabis vaporizers, especially among teenagers and youngsters. On the basis of distribution channel, online mode of distribution held over 55% of the market share in terms of value in the year 2019. The online mode of distribution is projected to expand rapidly during the forecast period.

Cannabis Vaporizers Market: Drivers, Opportunities, and Restraints

The major driving factor for the cannabis vaporizers market are legalization of cannabis in several countries and rise in usage of cannabis for medicinal purposes. From 2018 onward, Canada legalized the usage of cannabis for recreational purposes. Uruguay is the second country to legalize usage of cannabis. Rise in advancement in terms of technology and launch of innovative cannabis vaporizers in the market is anticipated to create new business opportunities for manufacturers and distributors of cannabis vaporizers in the near future.

Strict rules and regulations imposed by federal governments of different countries regarding usage of cannabis and cannabis extracts are projected to be a restraint for the cannabis vaporizers market. Cannabis is considered illegal in several countries across the globe which includes Albania, Bahrain, Bahamas, Central African Republic, Indonesia, Hong Kong, and Hungary. Also, many other countries have only legalized the usage of cannabis for medical purposes but not for recreational purposes. These are considered as the restraining factors for the overall growth of the market.

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Cannabis Vaporizers Market: Prominent Regions

At present, North America dominates the global cannabis vaporizers market followed by Europe. Europe is projected to be an emerging market and anticipated to expand at a significant growth rate during the forecast period. In most European countries, usage of cannabis is considered legal for medical purpose. In the U.K., Germany, Georgia, Ireland, Italy, and the Netherlands, etc. usage of cannabis vaporizers are projected to rise in a significant manner in the near future. Georgia is one of the rare countries in Europe were usage of cannabis is legalized for recreational purposes as well. Several European nations have already implemented the policy of decriminalization and some of the countries are planning to implement in the near future.

In Middle & Africa, demand for cannabis vaporizers is low compared to other regions, since most of the countries, especially GCC countries have strictly prohibited the usage of cannabis, cannabis extracts, and other related products. These factors have impacted the growth of the cannabis vaporizers market in Middle East & Africa.

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Photonic Integrated Circuits (PIC) Market Growing Trend & Future Demand

According to a new research report pertaining to the photonic integrated circuits (PIC) market, published by Transparency Market Research, the global photonic integrated circuits market is expected to reach a value of ~ US$ 3.3 Bn by 2027, expanding at a CAGR of ~ 23% from 2019 to 2027. According to the report, the global PIC market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period.

• In terms of application, the global photonic integrated circuits market has been segmented into optical communication, sensing, optical signal processing, and biophotonics.
• The optical communication segment in the PIC market is anticipated to dominate the market, due to a rise in the demand for optical communication systems that transmit large volume of data at high speed over a long distances.
• Furthermore, the adoption of optical communication systems offers additional advantages over electric communication, such as high bandwidth capability, low latency, and superior flexibility.
• Moreover, sensing applications are also anticipated to play a major role in driving the photonic integrated circuits market in the near future, as photonics offer electromagnetic immunity, metal-free operation, and low-cost integration with electronic devices, as well as high sensitivity in the field of optical sensing.
• The optical communication segment in the PIC market is anticipated to expand at a significant CAGR from 2019 to 2027. The sensing segment in the photonic integrated circuits market is also anticipated to expand at a substantial CAGR during the forecast period.

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Increasing Use of Silicon Technology in Photonic Integrated Circuits

• The report on the PIC market offers detailed segmentation of the global photonic integrated circuits market in terms of integration type (monolithic integration, hybrid integration, and module integration), raw material (indium phosphide, gallium arsenide, lithium niobate, silicon, silicon-on-insulator, and others), components (lasers, modulators, detectors, attenuators, multiplexers/de-multiplexers, and optical amplifiers), and application (optical communication, sensing, optical signal processing, and biophotonics). The global photonic integrated circuits market has also been segmented based on region (North America, Europe, Asia Pacific, Middle East and Africa, and South America).
• Among the raw materials, the silicon segment accounted for a substantial share of the global photonic integrated circuits market in 2018, and is anticipated to gain a higher market share during the forecast period, owing to low-cost integration of silicon-based PICs by using silicon-based semiconductor manufacturing techniques.

North America to be a Highly Lucrative Market for PICs

• North America witnesses high investments in optical communication and sensing applications. The optical communication segment is anticipated to dominate the global photonic integrated circuits market throughout the forecast period, owing to the increasing penetration of PICs in long-haul and transport networks across the U.S. and Canada.
• Furthermore, with significant investments in sensing and biophotonics applications in the region, the photonic integrated circuits market in North America is anticipated to expand at a high CAGR during the forecast period.

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• Moreover, the optical signal processing segment is anticipated to gain traction in the PIC market during the forecast period, owing to the increasing demand for higher bandwidth and data transfer rates for optical signal processing networks.

Investments by Key Players to Boost Photonic Integrated Circuits Market

The report provides the profiles of leading players operating in the global photonic integrated circuits market. These include Agilent Technologies, Broadcom, Ciena Corporation, Enablence, Finisar Corporation, Hewlett Packard, Huawei Technologies Co., Ltd., Infinera Corporation, Intel Corporation, Kaiam Corp, Luxtera, MACOM, Mellanox Technologies, NeoPhotonics Corporation, Oclaro, Inc., TE Connectivity, Uniphase Inc., and VLC Photonics S.L.

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Broadcast Switchers Market Outlook and Opportunities in Grooming Regions

Transparency Market Research delivers key insights on the global broadcast switchers market. In terms of revenue, the global broadcast switchers market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global broadcast switchers market. As such, the global broadcast switchers market is projected to reach a value of ~US$ 2.5 Bn by the end of the forecast period.

A broadcast switcher is a hardware device used in video or movie production. It is used for selecting or switching different audio and video signals coming in from different sources. It plays an important role in the entire video transmission process and is an integral part of video broadcasting.

Switchers are of different types, such as production switchers, routing switchers, and master control switchers. They are used in control rooms, remote trucks, edit suites, etc. Switchers are a crucial part of the production of a complete broadcasting unit. By using broadcast switchers, broadcasters select the source of the video feed, route it, and make the workflow process of broadcasting more efficient.

Global Broadcast Switchers Market: Dynamics

Increasing consumer adoption of HD and UHD technologies, rising number of digital channels, and growing focus on production automation are likely to fuel the global broadcast switchers market during the forecast period. Moreover, the production switchers segment is witnessing significant growth, owing to increased adoption of ultra HD technology.

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Production switchers have combined capabilities of processing SD, HD, and 4K signals. They facilitate the bringing in of numerous feeds (presentation slides, audios, videos, etc.) and selecting which feed is to be sent live at any given moment. For instance, Blackmagic Design Pty Ltd. has developed ATEM Production Studio 4K, a new production switcher, to support high-quality ultra HD videos to cater to the demand for live production in sporting events, live concerts, conferences, etc. Integration across the value chain and minimizing production costs are crucial for the success of players in the broadcast switchers market.

Global Broadcast Switchers Market: Prominent Regions

North America is the dominant region of the global broadcast switchers market. This growth can be attributed to high investments in the broadcasting industry in the region and research & development activities by manufacturers and governments of countries in the region.

The broadcast switchers market in Asia Pacific is estimated to witness significant growth during the forecast period, owing to growing digitization and economic growth in the region. Moreover, increase in sports broadcasting has led to a rise in the production of broadcast switchers in the region. These factors are likely to promote the growth of the broadcast switchers market in Asia Pacific at a rapid pace during the forecast period.

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Global Broadcast Switchers Market: Key Players

Key players operating in the global broadcast switchers market have been profiled in the market study. Some of the prominent players operating in the global broadcast switchers market include Blackmagic Design Pty. Ltd., Broadcast Pix, Inc., Evertz Microsystems Ltd., FOR-A Company Ltd., Grass Valley USA, LLC, Harris Broadcast, Ikegami Electronics U.S.A. Inc., NewTek, Inc., Panasonic Corporation, Ross Video Ltd., Sony Electronics, Inc., and Utah Scientific, Inc.

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Power Semiconductor Market Outlook | Development Factors, and Latest Opportunities

The global power semiconductor market features the presence of a multitude of companies of varying sizes. This indicates a highly fragmented and competitive vendor landscape. As per a new market study by Transparency Market Research (TMR), some of the key companies operating in the global power semiconductor market have adopted strategies such as product differentiation, product upgrades, and aggressive pricing to sustain competition. Besides this, key companies are also seeking distribution partnerships with the objective to reach a wider audience, thereby expanding their regional and global outreach.

Prominent companies in the global power semiconductor market include Infineon Technologies AG, Texas Instruments, ON Semiconductor, Fuji Electric Co. Ltd., ST Microelectronics N.V., Mitsubishi Electric Group, Semikron International GmbH, and Toshiba Corporation.

According to TMR, the global power semiconductor market is likely to display a steady 5.1% CAGR over the forecast period between 2017 and 2025. Progressing at this rate, the market is anticipated to be valued at US$54,881.2 mn by the end of 2025. Among the key end use industries, automotive electronics accounts for high consumption of power semiconductor. Geography-wise, Asia Pacific has emerged as a key regional market for power semiconductors.

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Among the key growth drivers, the introduction of fifth-generation (5G) mobile communication worldwide is a key factor driving the global power semiconductor market. Fifth-generation (5G) mobile communication which is anticipated to commence from 2018; the number of 5G mobile base stations is anticipated to be more than 4G base stations. Mobile communication requires power semiconductors especially radio frequency (RF) type. 5G base stations are likely to deploy several RF power amplifiers per base station, with 5G base stations likely to be built in large numbers. Silicon Carbide (SiC), GaN (Gallium Nitride), GaAs (Gallium Arsanide) are some of the key compounds that are used in the manufacture of power semiconductors for 5G mobile communication. For example, Nokia Bell Labs, Mitsubishi Electric, and the Center for Wireless Communications have announced a joint venture for the development of high speed GaN-based power amplifier. GaN RF are anticipated to represent almost one fourth of all mobile communication infrastructure by 2017 end.

Increasing Adoption of Electric Vehicles to Benefit Market

The heavy consumption of power semiconductors across a host of end use industries such as automotive, industrial, telecommunication, consumer electronics, healthcare, aerospace & defense, and renewable energy among others is a key growth driver of power semiconductor market. Among these, automotive electronics accounts for high consumption of semiconductors. With the rise in electric vehicles, hybrid electric vehicles, and plug-in electric vehicles, deployment of semiconductors in cars has increased manifold. Also, with the advent of drive-by-wire or x-by-wire technologies such as electronic throttle control, steer-by-wire, or shift-by-wire, electric content are considerably replacing mechanical vehicle parts. These factors are leading to the growth of automotive electronics segment in the worldwide power semiconductor market.

The high power consumption needs of data centers is also acting in favor of the growth of power semiconductor market. Currently, WBG compound power semiconductor devices are increasingly replacing silicon-based devices to enhance data center’s efficiency. WBG power devices help reduce the cooling load of data centers.

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The review presented is based on the findings of a TMR report, titled “Power Semiconductor Market (Component – Power MOSFET, Rectifiers, Thyristors, IGBT, and Diode; Material – Silicon/ Germanium, Silicon Carbide (SiC) and Gallium Nitride (GaN); End-use – Automotive, Industrial, Telecommunication, Consumer Electronics, Aerospace & Defense, and Healthcare) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 – 2025.”

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Surge Arresters Market Dynamics, Drivers, Key Indicators and Forecast to 2027

The highly concentrated structure of the competitive landscape of the global surge arresters market ensures intense rivalry between leading players, finds Transparency Market Research in a recent study. In 2018, the top five surge arrest manufacturers, namely, ABB Ltd., Eaton Corp., Schneider Electric, Emerson Electric, and General Electric, jointly held a share of more than 60% in this market. To withstand this competition, companies are currently focusing on technical advancements of existent offerings. Product innovation is also expected to gain prominence over the coming years in order to retain their positions in the global market.

Growing Need to Protect Home Appliances from Sudden Power Surge Fuels Demand for Surge Arresters

With the increasing disposable income, a growing desire for a comfortable living can be seen among people all over the world. Electronic devices play a crucial role in providing a comfortable life for the working population, which is why their demand is witnessing new highs on a regular interval. The ongoing technical advancements in consumer electronic appliances are also creating a huge demand for them.

In order to function properly, these appliances require a steady uninterrupted supply of power; however, in most of the cases, they lack inbuilt protection from electricity fluctuation. The irregular flow of power may result in fire and damage household items and their surroundings. Surge arresters, such as voltage regulators and surge protectors, provide efficient protection against such electrical damages by adjusting and normalizing power consumption, ensuring the safety of electronic appliances. The growing need to protect home appliances from sudden surges in electricity is boosting the demand for surge arresters significantly across the world.

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Imminent Growth in Power Generation to Present Opportunity-rich Market to Surge Arrester Manufacturers

Analysts at TMR expect surge arresters to witness a healthy rise in demand over the forthcoming years too. In emerging economies, the rising concerns over the depletion of natural energy resources have created a huge opportunity for the production of electricity from non-renewable resources. This imminent growth in power generation is anticipated to present an opportunity-rich market to the manufacturers of surge arresters. However, the additional cost involved in the installation of these devices may hinder this growth to some extent over the years to come.

North America Leads among Regional Markets for Surge Arresters

Transparency Market Research estimates the global opportunity in the surge arresters market to increase from US$ 2.07 bn in 2018 to US$ 3.25 bn at a CAGR of 5.10% between 2019 and 2027. Among the regional markets, North America tops the list in terms of the surge arrester consumptions. In 2018, the region generated a revenue of US$ XX bn, accounting for a share of 32% in the overall market. By 2027, the contribution of this region to the overall revenue is expected to increase to US$ XX bn. However, due to the strong performance of other regions, it is likely to witness a decline in its overall share in the years to come.

The high voltage surge arresters segment has occupied the key position among all the product segment. Analysts predict it to remain the same throughout the forecast period. Surge arresters will continue to find utmost demand in industrial applications over the forthcoming years, says TMR.

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The study presented here is based on a report by Transparency Market Research (TMR) titled “Surge Arresters Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027.”

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Wide Band Gap Semiconductor Market: In-Depth Coverage And Various Important Aspects by 2027

According to a new research report pertaining to the wide band gap semiconductor market, published by Transparency Market Research the global wide band gap semiconductor market is expected to reach a value of US$ 3 Bn by 2027, expanding at a CAGR of ~22% from 2019 to 2027. According to the report, the global wide band gap semiconductor market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period.

Rise in Demand for Power Semiconductor Devices to Drive Wide Band Gap Semiconductor Market

• The use of wide band gap (WBG) semiconductors makes power semiconductor devices smaller, quicker, and more reliable and efficient than other semiconductor materials available in the market. Advantages such as lightweight, longer life cycle, and greater energy band gap offered by wide band gap semiconductor materials make their use preferable in different types of power semiconductor devices across the globe.
• Wide commercial availability, decline in the prices of WBG semiconductor power devices, and increasing demand for gallium nitride (GaN) and silicon carbide (SiC) power devices for use in applications such as telecom equipment, computers, military devices, electric vehicles, and photovoltaic inverters, are anticipated to drive the global wide band gap semiconductor market in the near future.
• Increase in investments in wide band gap semiconductor materials and their adoption in the power semiconductor industry are anticipated to boost the global wide band gap semiconductor market during the forecast period. 

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Energy & Utility End-use Industry to Account for Leading Share

• The report offers detailed segmentation of the global wide band gap semiconductor market: in terms of material (silicon carbide [SiC], gallium nitride [GaN], diamond, and others), application (hybrid/electric vehicles, PV inverters, railway traction, wind turbines, power supplies, motor drives, UPS, and others), and end-use industry (automotive, aerospace & defense, IT & consumer, energy & utility, and others). The global market has also been segmented based on region (North America, Europe, Asia Pacific, South America, and Middle East & Africa).
• Among the materials, the silicon carbide (SiC) segment accounted for a leading share of the global wide band gap semiconductor market in 2018. The segment is anticipated to maintain its dominance of the global wide band gap semiconductor market during the forecast period.
• The hybrid/electrical vehicles application segment is expected to lead the global wide band gap semiconductor market and expand at a high CAGR during the forecast period.
• Energy & utility is a highly attractive end-use industry segment of the global wide band gap semiconductor market. It is the largest segment in terms of market size. The segment is anticipated to expand at a rapid rate during the forecast period. Additionally, rise in the procurement of wide band gap semiconductor materials by different power semiconductor manufacturers is anticipated to drive the global wide band gap semiconductor market during the forecast period. 

Asia Pacific a Highly Lucrative Wide Band Gap Semiconductor Market

• Asia Pacific is expected to hold the maximum share of the global wide band gap semiconductor market during the forecast period, owing to the early adoption of wide band gap semiconductors in the region. Asia Pacific and North America account for a considerable market share. These regions are projected to provide lucrative opportunities to the wide band gap semiconductor market during the forecast period.

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• China dominated the wide band gap semiconductor market in Asia Pacific in 2018. The wide band gap semiconductor market in the country is expected to expand at a prominent CAGR during 2019 to 2027. Different government organizations across Asia Pacific are increasing their spending on research & development for advanced power semiconductor devices. This, in turn, is expected to boost the wide band gap semiconductor market in the region. Moreover, rise in the demand for electric vehicles and high interest for 5G supported devices are some of the major drivers that are likely to propel the wide band gap semiconductor market during the forecast period.

Investments in Development of New Products to Fuel Wide Band Gap Semiconductor Market

The report provides the profiles of leading players operating in the global wide band gap semiconductor market. These are Cree, Inc., GeneSiC Semiconductor Inc., Infineon Technologies AG, Panasonic Corporation, ST Microelectronics N.V., ON Semiconductor, ROHM Semiconductor, OSRAM Opto Semiconductors GmbH, TT Electronics, Qorvo, Inc., and Broadcom Inc.

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