Surface Acoustic Wave (SAW) Devices Market Trend | COVID – 19 Outbreak, Global Analysis by Forecast to 2024

Dominated by Murata Manufacturing Co. Ltd., TDK Corp., Taiyo Yuden, and Tai Saw Technology Co. Ltd., the global surface acoustic wave (SAW) devices market has been demonstrating a highly competitive landscape, states a report by Transparency Market Research (TMR). These players, collectively, accounted for a share of 58.2% in the overall market in 2015.

Hitherto, the leading players in this market have been concentrating on mergers, acquisitions, and partnerships with other companies, functioning in the same line of business in order to expand their business operations. However, over the forthcoming years, they are likely to shift their focus towards product innovation in a bid to gain competitive advantage over their competitors, reports the study.

According to the research report, the worldwide SAW devices market stood at US$1.9 bn in 2015. Progressing at a CAGR of 6.90% during the period from 2016 to 2024, the opportunity in this market is likely to reach a value of US$3.4 bn by the end of the forecast period. The demand for filters is much higher than other products in this market and is expected to remain so over the forthcoming years, thanks to their increasing application in keyless entry systems, satellite broadcasting, wireless communication modules, and cellular phones.

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A geographical analysis of the global SAW devices market has also been presented in this market report. Asia Pacific, North America, South America, Europe, and the Middle East and Africa have been considered as the prime regional market for SAW devices in this research study. Asia Pacific, among these, has acquired the dominant position in the worldwide market and is anticipated to remain in this position over the period of forecast. The presence of a large pool of semiconductor companies in emerging nations, such as China, Japan, Taiwan, South Korea, and India, is the driving the growth of this regional market significantly.

Apart from this, the high concentration of the production facilities of telecommunication and consumer electronics enterprises in Asia Pacific, thanks to the availability of cheap labor and raw materials, has increased the demand for SAW devices in this region, which, analysts expect to remain so throughout the period of forecast. North America, which stood second in the worldwide market for SAW devices in 2015, is projected to retain its position in the years to come, thanks to the extensive application of these devices in a number of industries in this region.

Extensive Application of SAW Devices in Various Industries to Drive Growth

“The application of surface acoustic wave devices in various industries is expected to drive the market over the forthcoming years,” states an analyst at TMR. The increasing usage of these devices in communication, safety monitoring, and defense application is likely to boost the sales of these devices across the world in the near future.

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Apart from this, the widespread application of SAW devices in electronic components, television and radio, geophysics, flow measurement, and micro fluids is also projected to reflect positively on this market over the forecast period. However, the lack of accuracy and compatibility in SAW devices may limit their demand in near future, negatively impacting the growth of this market, reports the Study.

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CMP Slurry Market – Global Industry Growth and Forecast – 2026

Transparency Market Research (TMR) has carved a new research report on the global CMP slurry market, which delivers insights for the forecast period (2017-2026). The report estimates critical factors such as entry of new vendors to impel growth prospects of the market in the near future. Majority of new vendors are established players in production of core electronic device components. These vendors are likely to develop & introduce advanced materials and chemicals equipped with latest technologies.

The global market for chemical mechanical polishing/planarization (CMP) slurry is fragmented owing to occupancy of several vendors. Major players in the market are continuously taking efforts to increasing their presence globally by employing key strategies such as joint ventures, mergers & acquisitions, and new product development. Key market players identified by the report include Fujimi Corporation, Evonik, 3M, Applied Materials, BASF, Dow Chemicals, FujiFilm, Samsung Electronics, Hitachi Chemical, and Cabot Corporation.

The global market for CMP slurry has been projected to register a spectacular CAGR through 2026. Worldwide sales of CMP slurry is estimated to account for nearly US$ 3,500 Mn revenues by 2026-end. With the rise of the semiconductor materials and equipment industry, engineers are continuously working on the optimization of CMP processes for enabling an ever-surging slurry dilution, and evaluating new pad entrants in the market.

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Unlike front-end semiconductor applications, the back-end processing has long utilized CMP slurries. However, with the transistor level becoming critical, CMP slurry is now observed as the enabling technology for front-end processing as well. It is being deployed in an array of front-end applications, particularly in memory devices, and for implementing metal gate integration schemes.

The front-end semiconductor applications involve several different stages wherein various materials are needed to be polished, thereby entailing requirement for different type of slurries. The advent of new device structures is creating demand for new single-layer slurries with fixed product development cost, making it challenging for suppliers to attain return on investment (ROI), which they acquire with copper and tungsten slurries.

APEJ to hold Lion’s Share of Global CMP Slurry Market during 2017 to 2026

According to the report, Asia-Pacific excluding Japan (APEJ) is expected to hold the lion’s share of the market during 2017 to 2026. In addition, sales of CMP slurry in APEJ is projected to register the fastest growth through 2026. The CMP slurry markets in North America and Japan are expected to trail behind that in APEJ, in terms of revenue share. The market in North America will ride on a comparatively lower CAGR than in Japan through 2026. Revenues from CMP slurry sales in Middle East & Africa (MEA) and Latin America will continue to be sluggish throughout the forecast period.

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On the basis of product type, CMP slurries made up of aluminum oxide is anticipated to remain the most lucrative, followed by those made up of ceramic. Revenues from sales of both these product segments are projected to account for nearly two-third market share by 2026-end. Sales of CMP slurry made up of cerium oxide are projected to register a relatively higher CAGR in the market through 2026. This product segment is also expected to remain financially worthwhile in the market, with sales estimated to surpass US$ 600 Mn by 2026-end. Sales of CMP slurry made up of silica will account for the lowest revenue share of the market during the forecast period.

Silicon wafers are expected to remain the most remunerative as well as the fastest expanding application of CMP slurry, followed by optical substrates. Disk-drive components are anticipated to be the least lucrative application of CMP slurry through the forecast period.

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Photodiode Sensors Market Trend | COVID-19 Pandemic Impact, Size, Share and Forecast to 2026

According to a latest market report titled “Photodiode Sensors Market”, published by Transparency Market Research, the global photodiode sensors market is expected to reach value of US$ 867.7 Mn by 2026, expanding at a CAGR of 7.7% from 2018 to 2026. According to the research study, Asia Pacific held approximately 28.2% share of the global market in 2017. This is primarily due to expansion of fiber optic communication in the region. Furthermore, rising penetration of the hyperspectral technology over a wide range of applications is anticipated to drive the global photodiode sensors market during the forecast period.

Increasing Demand for Optical Sensors in Medical Products for Use in Pulse Oximetry, Spectroscopic Analysis, and Medical Imaging and Rapidly Rising Demand for Portable Barcode Scanners in the Retail Industry drive the Global Photodiode Sensors Market:

Increasing demand for optical sensors in medical products and in the automation sector in several developing countries and rising trend of using handheld devices such as tablets and smartphones are augmenting the global photodiode sensors market. Furthermore, there has been increasing adoption of wearable technology, especially in remote health monitoring and industrial applications. Photodiode sensors have unique features such as integrated functionality, improved performance, high reliability, and high speed of response. Also, growing use of automation in day-to-day life provides new growth opportunities to the photodiodes sensors market.

Global Photodiode Sensors Market: Scope of the Report

The global photodiode sensors market has been segmented based on photodiode type, wavelength, material, and end-use industry. Based on photodiode type, the market has been divided into PN photodiode, PIN photodiode, avalanche photodiode, and Schottky photodiode. The PIN photodiode segment has been sub-categorized into silicon, germanium, and others. According to TMR analysis, in terms of revenue, the avalanche photodiode (APD) segment held the maximum market share and is estimated to expand at a CAGR of 7.8% between 2018 and 2026.

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APD sensors are used widely due to their performance advantages (high sensitivity) in applications such as data transmission, distance measurement, range finding, high-speed industrial inspection (including color measurement) and in various other medical and scientific instrumentations. Based on wavelength, the global photodiode sensors market has been classified into ultra violet (UV) spectrum, visible spectrum, near infrared (NIR) spectrum, and infrared (IR) spectrum. Among these, the infrared spectrum segment holds the largest market share and is anticipated to register a growth rate of 7.8% during the forecast period.

In terms of material, the global photodiode sensors market has been segmented into silicon (Si), germanium (Ge), gallium phosphide (GaP), indium gallium arsenide (InGaAs), and others. According to a research study, due to high-speed response, high sensitivity, and low noise, the silicon segment holds the maximum market share, followed by the InGaAs segment. It is anticipated to expand at a CAGR of 7.7% during the forecast period.

Based on end-use industry, the global photodiode sensors market has been divided into telecommunication, health care, consumer electronics, aerospace & defense, and others (such as research, automotive). The telecommunication segment is anticipated to hold a significant market share, as photodiode sensors are widely used in optical communication systems and optical remote controls. The consumer electronics segment accounts for a major market share. It is projected to expand at a CAGR of 7.8% during the forecast period.

Geographically, the market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. According to TMR analysis, Asia Pacific currently dominates the global photodiode sensors market, followed by Europe. Moreover, the market in Asia Pacific is projected to witness growth at a rapid rate during the forecast period, due to increasing use of handheld devices such as tablets and smartphones and wearable devices in developing economies in the region. The markets in MEA and South America are estimated to witness growth at a sluggish pace from 2018 to 2026.

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Global Photodiode Sensors Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global photodiode sensors market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, recent developments, and SWOT analysis. Some of the key players operating in the global market are First-sensor AG, Excelitas Technologies Corp, Hamamatsu Photonics Deutschland, Kyosemi Corporation, OSI optoelectronics, Edmund Optics, Quantum Devices, Rohm Semiconductor, Thorlabs, Inc., Everlight, and ON Semiconductor. The market leaders are adopting innovative business strategies. Also, companies are developing strategic relations with different industries to expand their portfolio of photodiode sensors, offering application-specific, standard, and custom photodiodes and also, to enhance their presence in the market in different regions worldwide.

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Infrared Sensors Market Share to Witness Uptrend with Robust Sales Volume

The global infrared sensors market was valued at US$ 396.98 Mn in 2016 and is projected to register compound annual growth rate (CAGR) of over 9.11% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Infrared Sensors Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” This is mainly due to increase in the demand for infrared sensors in defense, IoT, and industrial applications across the globe, leading to the robust growth of the infrared sensors market. Moreover, rising demand for infrared sensors in consumer electronics and automation industry is also expected to have a significant impact on the global infrared sensors market. Initiatives taken by different governments to increase the adoption of smart homes are predicted to impact the infrared sensors market in the coming years.

The global infrared sensors market is segmented on the basis of detection, working mechanism, end use, and geography. By detection, infrared sensors can be divided into uncooled infrared sensors and cooled infrared sensors. As per working mechanism, the global infrared sensors market is divided into passive infrared sensors and active infrared sensors.

Furthermore, as per end use industry, the market is divided into consumer electronics, aerospace & defense, oil and gas, automotive, mining, pharmaceuticals and others. Others includes food processing, chemicals, robotics, etc. Geographically, the infrared sensors market can be segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America.

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Consumer Electronics Industry Anticipated to be a Significantly Lucrative Market during the Forecast Period

Growing demand for consumer electronics applications including smart televisions, smart phones, and tablets is projected to propel the revenue of the IR sensors market in the coming years. Furthermore, the rising popularity of wearable technology is expected to fuel the demand for infrared sensors in the consumer electronics segment. However, the oil and gas industry in the global infrared sensors market is projected to hold the highest market share for the year 2018 due to its prominent use in offshore applications.

Uncooled Infrared Sensors Expected to Hold a Prominent Share during the Forecast Period

The uncooled infrared sensors type is anticipated to hold the dominant share for the year 2018 Growth in this segment is driven by factors such as relatively smaller size, high reliability, and low cost price. Prominent adoption of infrared sensors in the consumer electronics industry in Asia Pacific is likely to boost the growth of uncooled infrared sensors due to its prominent use. Furthermore, significant adoption of uncooled infrared sensors in commercial and industrial applications is likely to impact the growth of the segment during the forecast period.

North America Holding a Prominent Market Share

By geography, the global infrared sensors market can be classified into five regions namely North America, Europe, Asia Pacific, Middle East & Africa, and South America. Infrared sensors are used in a wide range of applications including night flying, night surveillance, night driving, wildlife search and observation, rescue missions, and sleep laboratory monitoring. Moreover, infrared sensors are used in thermal night vision goggles and motion sensors are used in home alarm systems. The increasing use of these sensors in commercial places including airports, retail shops, libraries, and museums to detect motion, count people, apart from use in security alarms, and night vision cameras have impacted the global market.

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The key players operating in the global infrared sensors market are Murata Manufacturing Co., Ltd, Honeywell International Inc, Teledyne Technologies, Excelitas Technologies,Raytheon Company, Hamamatsu Photonics K.K., InfraTec GmbH, Flir Systems, inc., Omron Corporation, and Texas Instruments Incorporated among others.

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Capsule Filler Market 2020- COVID-19 Analysis, Share, Growth, Opportunities and Forecast To 2030

Transparency Market Research delivers key insights on the global capsule filler market. In terms of revenue, the global capsule filler market is estimated to expand at a growth rate of ~4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global capsule filler market report.

In the report, TMR predicts that the global capsule filler market would be largely driven by factors such as increasing demand for nutraceuticals, and rising demand for capsules in emerging markets across the world. Moreover, the growing usage of automatic capsule fillers is expected to boost the growth of the capsule filler market in the coming years.

According to the capsule filler market research report, in terms of type, the market has been divided into manual, semi-automatic, and automatic. Automatic capsule fillers are expected to remain dominant in the global capsule filler market and their dominance is projected to continue during the forecast period. Increase in demand for large scale production of capsules is the major reason for the dominance of automatic capsule fillers.

In terms of filling material, the global capsule filler market has been classified into liquid, semi-solid, and solid. Solid filling material held majority share in 2019 and is projected to hold the same position based on revenue generation during the forecast years, owing to the increasing demand for powder and granule form in medicines as they have faster dissolution rate. Moreover, they enable easy filling of granules in capsules, preventing any type of leakage or contamination both before and after filling of the capsules.

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Capsule Filler Market: Drivers, Opportunities, and Restraints

Globally, the use of capsule fillers is expected to experience steady growth. Growth of the capsule filler market is the result of stringent pharmaceutical regulations by governments of different countries. These regulations are leading to a growing need for capsule fillers, which can fill capsules more precisely at a faster rate. The most dominant factor driving the growth of the capsule filler market is the growing usage of capsules. Capsules are gradually being favored as majority of people choose to intake medications or supplements in the form of capsules. Therefore, in countries where advanced drugs are made, capsules are mainly preferred, owing to their well-defined advantages over tablets, which is expected to drive the overall market in the coming years.

Increasing demand for capsules entails large-scale production with more capsule filling capacity, which offers opportunity for the development of new capsule filler machines that can produce more capsules in an hour. Furthermore, increasing application of technology by different pharmaceutical companies is driving demand for complete automation of capsule manufacturing processes. This is also projected to create new opportunities for the capsule filler market globally throughout the forecast years.

However, the major challenge faced by the capsule filler market is the increasing prevalence of skin problems, which require topical administration of medication, and diseases in which drugs need to be administered intravenously. In such cases, drugs cannot be administered in capsule form, which is likely to hamper the capsule filler market in the coming years.

Capsule Filler Market: Prominent Regions

In 2019, North America dominated the global capsule filler market. The dominance can be attributed to increasing use of capsules inside inhalers for the highly prevalent pulmonary diseases in the region. However, the market in Asia Pacific is expected to grow at a faster rate throughout the forecast period. The capsule filler market in Asia Pacific is driven by rising applications in nutraceuticals and pharmaceutical companies. Increasing consumer preference for capsule-based formulations and rising disposable income are some of the significant factors expected to drive market growth in the coming years.

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Europe is also likely to witness steady growth rate throughout the forecast years, generating around 20% to 23% of the total capsule filler revenue globally. The capsule filler market grew in response to the increasing health awareness in the region, which is leading to the growth in the pharmaceutical industry. Therefore, demand for capsule fillers is rising in the region.

Capsule Filler Market: Key Players

Some of the key players operating in the capsule filler market are ACG, Capsugel Inc., Glenvale Packaging, Harro Höfliger, I.M.A. Industria Macchine Automatiche S.P.A., MG America, QUALICAPS, Riva Europe, Schaefer Technologies, Inc., and Syntegon Technology GmbH (Bosch Packaging Technology).

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Concrete Pumps Market Trend | COVID – 19 Outbreak, Players and Forecast to 2026

The global concrete pumps market features an increasingly competitive landscape, notes Transparency Market Research.  A majority of shares are in the hands of relatively few players. Numerous engineering companies in the concrete pumps market are launching technologically-advanced concrete pumps solutions. The adoption of these solutions help meet the wide diversity of current as well as emerging needs in the construction industry, especially in emerging industrial nations. Key players looking to expand their production facilities in North America, the Middle East and Africa, and Asia Pacific, in order to consolidate their positions in the concrete pumps market.

Some of the leading companies in the global concrete pumps market are Zoomlion Heavy Machinery Co. Ltd, The Liebherr Group, Sany Group, and SCHWING GmbH.

The global concrete pumps market stood at US$3.5 bn in 2017 and is projected to clock a CAGR of over 6% during 2017 – 2026.

Among the various end-use industries, the residential applications form the most attractive segment in the global concrete pumps market. Over the past several years, concrete pumps have found extensive applications in vertical and horizontal placement in the industry.

Regionally, Asia Pacific holds an enormous potential in the global concrete pumps market. In the next few years, the regional market is projected to rise at a prominent pace, the growth being fueled by the swift strides in construction activities in emerging economies. A promising share of revenue is likely to come from China.

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The global concrete pumps market rides on the back of strides made construction activities, where the pumping technology is employed for transporting liquid concrete. Rapid pace of urbanization and burgeoning industrialization in various developing economies have created ample scope for construction activities across the globe. This in turn is propelling the growth in the global concrete pumps market. Rising demand for concrete pumps for high-rise buildings in urban dwellings in developing and developed countries are expected to contribute substantial revenues in near future.

Growing focus on clean energy technologies in residential and industrial constructions is creating large lucrative avenues for manufacturers and vendors of concrete pumps. This has stimulated constant technological advancements in these equipment by manufacturers. The enormity of construction projects in countries such as India, China, and Brazil is spurring the demand for concrete pumps.

Rising demand for concrete pumps technologies for specialized jobs is bolstering the prospects of the global concrete pumps market. These need higher capacity concrete pumps in operations. Moreover, equipping concrete pumps with advanced components to make them useful in larger mobile applications bodes well for specialized applications.

Focus on Environmental Sustainability of Construction Projects opens New Prospects

Constant focus on improvements in pumping technology used in concrete pumps bodes well for the global concrete pumps market. However, the factor that underpins the drive for evolution also may hamper the prospects. Economic recession and policy paralysis in some emerging economies have slowed down construction projects in recent years. In addition, concrete pumps can prove to be costly affair for small-scale industries. All these factors are hindering the demand for concrete pumps.

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Nevertheless, the global concrete pumps market is likely to witness new, exciting avenues in the concrete pumps market. The installation of these pumps has received some thrust from increasing focus on environmental sustainability of construction projects. Such technologies are fast gaining traction in the market.

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Digital Certificates and Public Key Infrastructure Market Overview, Price, Demand and Forecast to 2025

The global digital certificates and public key infrastructure market is riding high on the back of operational efficacy of digital certifications. Digital certificates are gradually replacing their paper-based counterparts and this shift is translating into reduced cost, improved safety and security, and increased efficiency. According to a new report by Transparency Market Research (TMR), the opportunity in the worldwide digital certificates and public key infrastructure market will rise at a remarkable CAGR of 23.60% from 2017 to 2025. The market valuation is foretold to increase from US$1.95 bn in 2016 to a staggering amount of US$12.90 bn by the end of the forecast period.

Over the coming years, the expansion in biometrics and the increasing uptake of cloud-based software and block-chain technologies will support the growth of the worldwide digital certificates and public key infrastructure market. However, the lack of technical competence associated with digital certificates may create some hindrance in the near future.

Nonetheless, the surge in the use of digital documents, such as Word Docs, Excel Sheets, and PDFs, will create new opportunities for market players in the long run, balancing the impact of restraints. The integration of machine-learning and other IoT technologies in digital certificates will also aid the global digital certificates and public key infrastructure market over the next few years, notes the research study.

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The research report also presents a comprehensive analysis of the global digital certificates and public key infrastructure market based on regions. Europe, the Middle East and Africa, Latin America, Asia Pacific, and North America are considered as the key regional markets for digital certificates and public key infrastructure across the world. North America led the global market in 2016 with overall revenue of US$678.8 mn. The increasing integration of IoT technologies in digital certificates and public key infrastructure has been boosting this regional market.

Researchers expect North America digital certificates and public key infrastructure market to remain on top over the next few years. The presence of leading market participants, such as Comodo and Verisign, and IT giants, such as Google and Apple, is likely to boost the growth of this regional market in the coming years. Among others, Europe is witnessing a relatively faster growth pace, thanks to the increasing number of certificate authorities in this region. The U.K., France, and Germany are the main domestic markets for digital certificates and public key infrastructure in Europe, states the research report.

Leading Companies to Focus on Acquiring Smaller Players

The global digital certificates and public key infrastructure market demonstrates a highly consolidated business landscape. In 2016, the top four players held a share of more than 76% in this market. Thanks to their service quality, these players, namely, Comodo, Verisign Inc., Entrust Datacrad Corp., and GoDaddy Group, have established a strong presence in the global market. These companies are concentrating on continued upgradation of their regular services and frequent diversification of their value-added service portfolio. This, in turn, is increasing the competition within global market.

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Going forward, the leading players are likely to shift their focus towards strategic alliances and acquisition of local companies and startups in the near future. This trend is expected to bring in more consolidation in the market over the next few years, reports the research study.

The review is based on a report by Transparency Market Research, titled “Digital Certificates and Public Key Infrastructure Market (Solution – Hardware and Software; Deployment Model – Cloud-Based and On-Premise; Application – BFSI, Real Estate, Education and Research, Healthcare and Life Sciences, Human Resources, Legal, Manufacturing, Government, and Defense) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

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