Silicon Wafer Market Size By Players, Regions, By Types, Application By 2020-2025

The leading four companies in the global silicon wafers market, namely SUMCO Corporation, Shin-Etsu Chemical Co., Ltd., Siltronic AG, and SK Siltron Co., Ltd., account for a whopping 70.0% share in it. Other key players in the market are Okmetic, Wafer World Inc., Global Wafers Co., Ltd., Silicon Materials Inc., Global Wafers Co., Ltd., Sil’tronix Silicon Technologies, and Wafer Works Corporation.

A study by Transparency Market Research expects the global silicon wafers market would tread on steady yet not-so-impressive growth path by registering a CAGR of 6.8% over the course of the forecast period during 2017 and 2025. Rising at this pace, the market is projected to become worth US$14.21 mn by 2025.

The various sizes in which silicon wafers are available in the market are 100mm, 150mm, 200mm, and 300mm and above. Of them, wafers sized 300 mm and above dominated the market with maximum share in 2016. The segment is also predicted to register maximum growth rate in the next couple of years.

From a geographical standpoint, North America plays a pivotal role in the market for silicon wafers. Other major regions in the market are Latin America, Europe, Asia Pacific, and the Middle East and Africa. The market in North America is expected to rise at a 6.5% CAGR over the course of the forecast period on account of numerous semiconductor manufacturers – leading consumers of silicon wafers – being domiciled in the region. The market in North America is primarily powered by the U.S. where wafer size of 300mm and above are seeing soaring demand.

Consumer Electronics Supporting Demand for Silicon Wafers

Silicon wafers are used for the production of semiconductors, which in turn, are used in the manufacture of electronic components that enrich our daily lives. Explains the lead analyst of the report, “The silicon wafer is a thin round disk which comes in different diameters meant to suit various electronic goods. With the skyrocketing demand for consumer electronics, demand for silicon wafers is expected to remain supported in the next couple of years. Silicon wafers find application in RFID, CMOS, MEMS, and other electronic applications.”

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Automotive is another segment that is expected to push up demand in the market for silicon wafers. The rising electrification and automation of vehicles have driven up demand for semiconductor ICs for automotive products such as infotainment systems, navigation control, and collision detection systems.

In addition, increasing use of silicon wafers in modern sophisticated technologies, namely the Internet of Things (IoT) and cloud, which are seeing uptake in defense and military and commercial applications, are expected to further bring significant growth in the overall market.

High Initial Capital Poses Challenge to Market

Acting as a headwind to the healthy growth path of the market, buoyed by the flourishing end use segments of automotive and electronics, is the steep upfront investments required to set up manufacturing units. Apart from that, rising market price of 300 mm silicon wafers is hindering the growth of global silicon wafers market too.

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This review is based on the findings of a TMR report, titled, “Silicon Wafer Market (Wafer Size – up to 100mm, 150mm, 200mm, and 300mm and above; Device – Logic and Memory, MEMS, Power Devices, RFID and CMOS; Fabrication Method – Horizontal Gradient Freeze and Horizontal Bridgeman Freeze; End-use Industry – Consumer Electronics, Automotive, Defense and Aerospace, and Energy) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025.”

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GNSS Chip Market Competitive Scenario and Regional Demand

The global navigational satellite system (GNSS) chip market is likely to experience intense competition among the key players in the market, stats Transparency Market Research. Leading players in the market are focusing introducing new products to offer advanced products to their customers. They are also coming up with unique and clear value proposition to strengthen their position in the market. Some of the prominent player in the global GNSS chip market are Mediatek Inc., Quectel Wireless Solutions Co., Ltd.,  Qualcomm Incorporated, Intel Corporation, Skyworks Solutions Inc., Furuno Electric Co., Ltd., U-Blox Holdings AG, and Navika Electronics.

According to TMR, the global navigational satellite system (GNSS) chip market is projected to rise at heathy 7.7% CAGR during the forecast period between 2017 and 2025. The GNSS chip market was worth US$17.9 bn in 2016 and is estimated to reach US$34.71 bn by 2025.

Among different types of device in which GNSS chip is used, smartphone is expected to gain a largest share in the global GNSS chip market. Rising use of smartphones for different purposes such as tracking people, searching a place, and for navigational purpose. Based on region, North America is leading the global GNSS chip market in term of volume and value. North America is projected to rise at 6.4% CAGR between 2017 and 2025. On the other hand, Asia Pacific is expected to grow at a healthy growth rate in the near future.

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Increasing use of various electronic gadgets integrated with location tracking and geo-tracking devices has fueled the demand for GNSS chips. Rising application of GNSS chips in various industries such as transportation, automotive, military and defense, and consumer electronics has also boosted the demand in this market. The railway sector has also shown deep interest in integrating GNSS chips with the main objective to improve driver’s advisory systems. In addition, introduction of GNSS chips in railways has also helped in tracing the real-time location of the trains, proper management of optimize traffic maintenance and fleet. Thus, bourgeoning railway industry in several emerging economies are likely to boost the demand in the global GNSS chip market.

Furthermore, in the recent developments of several technologies such as Big Data, Augmented Reality, Multimodal Logistics, and IoT, GNSS is also considered as an important technology. GNSS enables several services encapsulate macro trends, creating a window of opportunity for hybrid and crosscutting applications. Moreover, technological advancements such as the IoT or Smart Cities has increased relations between established GNSS market segments that have further augmented market’s growth.

High Initial Investments to Restrict Customers form Adopting GNSS Chip May Hamper Market Growth

Despite increasing application of GNSS chip across various industries, there are certain restraints that are likely to impede the market’s growth. One such factor is high initial investments that might restrain customers form adopting GNSS chip. Employment of GNSS systems in agriculture sector is seen in monitoring automatic steering-wheel movement, tractor guidance, and in tracking similar other activities. However, farmers need to bear the high initial cost of equipment and devices used for precision farming.

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The information presented in this review is based on a TMR report, titled “GNSS Chip Market (Devices Type – Smart Phones, In-Vehicle Networking Systems, and Personal Navigational Devices; End-use Industry – Consumer Electronics, Agriculture, Automotive, Defense, and Marine Industry) – Global Industry Analysis, Trend, Size, Share, and Forecast 2017 – 2025.”

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Hospital Lights Market to Witness Astonishing Growth by 2022

The analysts of a recent business and commerce report, under the guided resources of Transparency Market Research (TMR), have detected an intensely competitive vendors landscape in the global hospital lights market, which is essentially a reflection of the presence of a large number of players. The fragmented scenario has been caused by domestic and regional players who cater to localized demands on the back of their distribution network and even though their products are not of optimum quality, they serve the purpose moderately and help the local vendors eat into the shares of the global players. That being said, a few players do hold a position of strength in the global hospital lights market, such as General Electric Co., Koninklijke Philips N.V., Cree, Inc., Acuity Brands, Inc., Eaton Corp. Plc, Drägerwerk AG & Co. KGaA, Herbert Waldmann GmbH & Co. Kg, Hubbell, Inc., Hill-Rom Holdings, Inc., KLS Martin GmbH + Co. KG, Trilux GmbH & Co. Kg, and Zumtobel Group AG.

If the estimations of the TMR report is to be believed, the demand in the global hospital lights market will be multiplying at a notable CAGR of 6.1% during the forecast period of 2017 to 2022, by the end of which it is projected to reach a valuation of US$10.0 bn, considerably up from its evaluated worth of US$7.4 bn in 2017.

The analysts of the report expects the global players to expand their geographical presence and strengthen their supply chain by acquiring some of the localized players to gain shares over their competitors. In addition to that, the development of products that are energy efficient and affordable is also expected to be a strategy of the major players to get ahead of the curve in the global hospital lights market. This factor is expected to be more evident in emerging economies rather than developed nations.

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Based on product, the TMR report segments the hospital lights market into troffers, surgical lamps, and surface-mounted lights, with the former producing the maximum share of demand in 2017 and projected to experience an incrementing demand at most prominent CAGR of 5.4% during the said forecast period. Technique-wise, the market has been bifurcated into LED, fluorescent, and halogen, whereas on the basis of point of use, the market has been classified into operating rooms, patient wards and ICUs, and examination rooms.

Geographically, the analysts have highlighted the region of North America as most profitable, estimating that it provided for a demand worth of US$2.8 bn in 2017. However, the region of Asia Pacific except Japan (APEJ) has been projected to increment the demand at an above-average CAGR of 6.2% during the forecast period of 2017 to 2022.

Government Push to Improve Healthcare Infrastructure Driving Demand

Improving healthcare infrastructure across several emerging economies is the primary driver of the global hospital lights market. Government in countries such as China, India, Japan, Brazil, and Russia have pledged to provide enhanced care to their citizens and are offering subsidies to lure investments into their medical facilities and number of hospitals is mushrooming. These modern hospitals not only are equipped with essential lighting measures for operations round the clock, they are also focused on utilizing the energy efficiently, and hence are resorting to advance lighting devices. Increasing adoption of LED-based lighting fixtures is another glaring factor augmenting the demand in the global hospital lights market.

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LED-based lighting fixture last much longer than conventional alternatives and offer enhanced performance. While the cost of the devices is obstructing the market from attaining its true potential, the vendors of this market are expected to have new opportunities if they progress their business into vastly populated emerging economies of China and India.

The information presented in this review is based on a Transparency Market Research report, titled, “Hospital Lights Market (Product – Troffers, Surface-mounted Lights, and Surgical Lamps; Technique – Fluorescent, LED, and Halogen; Point of Use – Patient Wards and ICUs, Operating Rooms, and Examination Rooms) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022.”

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Automotive Electronics Market to Make Great Effect In Near Future by Key Players

Competition in the global automotive electronics market is likely to increase, as the leading players are using different strategies to strengthen their position in the market. Growing entry of new players in this market is also expected to further increase competition in this market. The report published by Transparency Market Research elucidated about these strategies used by key players. Companies are focusing on research and development activities to develop new products to provide advanced services to their customers. Mergers and acquisitions and expansion are other strategies widely adopted by the players operating in the global automotive electronics market. Some of the prominent players analyzed in the report are Maxim Integrated Products Inc., ST Microelectronics N.V., ON Semiconductor Corp., and Robert Bosch GmbH, Infineon Technologies AG.

According to the TMR’s report, the global automotive electronics market is expected to rise at a steady CAGR of 7.40% over the projected period between 2017 and 2022. In terms of revenue, the market valuation is estimated to reach US$5.04 bn by the end of forecast period. In 2017, the global automotive electronics market earned US$3.53 bn.

In terms of sales channel, the OEM (original equipment manufacturer) segment is likely to hold maximum share in the coming years as compared to its counterpart i.e. aftermarket segment. The OEM segment is rising due to increasing consumer preference to buy electronic components directly from manufacturers, as these components play a vital role in vehicle performance.

On the regional front, Europe is estimated to dominate the global automotive electronics market during the forecast period. The automotive electronics market in Europe could rise at 6.5% CAGR due to increasing demand for advanced automotive vehicles. Whereas, developed regions in Asia Pacific are expected to hold substantial share in this market in the near future.

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Demand for advanced automotive vehicles has increased in both developed and developing economies. This growth has further augmented demand for advanced safety-systems such as lane departure warning (LDW), airbags, and automatic emergency braking (AEB). Moreover, the demand for advanced features likes alcohol ignition interlocks, accident data recorder systems, and emergency call systems have grown rapidly.

Adding further to the growth drivers, growing application of automotive electronics in safety systems, body electronics, powertrain, and advanced driver assistance are further fueling growth in this market. Furthermore, manufacturers working on the global automotive electronics market focusing on advanced technologies and innovation, which is projected to diversify the global automotive electronics market in the coming years.

Restrict Regulations to Challenging Growth in Global Automotive Electronics Market

On the contrary, protection of complex electronic systems and reducing damage caused by electrical hazards is the key challenges faced in the global automotive electronics market. Additionally, strong government regulations related to vehicle safety might also hinder growth in this market. However, growing environmental sustainability with high demand for innovative infotainment systems are likely to fuel demand for complex electronics systems thus, expanding the global automotive electronics market. Introduction of advanced technology in-vehicle safety could help in overcoming these challenges.

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The study presented here is based on a report by Transparency Market Research (TMR) titled “Automotive Electronics Market (Vehicle Type – Compact Passenger Cars, Mid-sized Passenger Cars, Premium Passenger Cars, Luxury Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles; Sales Channel – OEM and Aftermarket; Application – Advanced Driver Assistance Systems, Body Electronics, Entertainment, Powertrain, and Safety Systems ) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022”.

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Hygienic and Aseptic Valves Market Estimated to Flourish by 2025

Transparency Market Research observes that the competitive landscape in the global hygienic and aseptic valves market has quite a few leading players. Currently the players are focusing on expanding their business in emerging markets to cater to the huge potential in the developing regions. “Furthermore, companies are also looking at providing solutions to sectors such as biotechnology and pharmaceuticals to strengthen their market position,” states the lead author of this research report. Some of the key players operating in the global market are Alfa Laval AB, SOX Flow, Inc., ITT Corporation, GEA Group AG, and Pentair PLc.

The research report states that the global hygienic and aseptic valves market is expected to be worth US$9.0 bn by the end of 2025 as compared to US$6.0 bn in 2015. The market is expected to show progress of 4.8% CAGR during the forecast period.

On the basis of types of valves, the global market is segmented into hygienic single seat valves, hygienic double seat valves, hygienic butterfly valves, hygienic control valves, and aseptic valves. Of these, the hygienic single seat valves are expected to outperform all other segments. By the end of the forecast period, the segment is expected to acquire a share of 26.0% in the global market.

The dominant share of this segment will be attributable to the ability of these valves to meet the strict regulations pertaining to aseptic and hygienic processes in industries such as pharmaceuticals, food and beverages, and dairy. In terms of geography, North America is leading the global market due to region’s continuous investment in expanding manufacturing facilities. The region is expected to rise at a CAGR of 7.1% between 2016 and 2025.

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Automation and Modernization of Production Processes Boosts Global Market

Analysts state that the demand for hygienic and aseptic valves is likely to be on the rise in the coming years. The demand is likely to be fueled by the need to eliminate the usage of food preservatives in the food industry. Presently, several fitness-conscious and health-conscious people are focused toward reducing the consumption of food preservatives due a growing awareness about their negative impact on the human body. The majority of the processed food and beverages includes preservatives that are hampering the natural metabolism of the body. Thus, to cut down the usage of these harmful substances, food manufacturers are deploying hygienic valves in several industrial sectors.

The market is also expected to grow against the backdrop of increasing focus on sanitary regulations especially in the food and beverages industry. The market is also being supported by growing initiatives of modernization in countries such as the U.S., China, Brazil, and India. The cooperation from several large organizations to comply with sanitary, safety, and modernization norms are collectively expected to boost the growth of the market. In the coming years, efforts to incorporate plant automation are also likely to augment the demand for these valves, state analysts.

Poor Logistics to Hamper Sales of Hygienic and Aseptic Valves

The steady future of the global hygienic and aseptic valves market is likely to be hampered by the unreliable supply of hygienic aseptic valves. The wavering quality of these valves due to changes in suppliers and poor distribution system is expected to hamper the progress of the global market. However, several companies are focusing on establishing steady logistics and supply chain solutions to solve this issue.

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The review is based on Transparency Market Research’s report, titled “Hygienic and Aseptic Valves Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2025.”

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Autonomous Trains Technology Market By Type, Application, Element – Global Trends And Forecast 2025

According to a new market report published by Transparency Market Research“Autonomous Trains Technology Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025. According to the report, the global autonomous trains market is projected to expand at a CAGR of 12.7% during the forecast period.

Railway transportation is considered as a highly reliable mode of transport, as it is least affected by different weather conditions. Railway transport is the least polluting mode, as compared to all the modes of transportation and hence, governing bodies prefer it. Autonomous cars are trending in the market, which are proving to be effective in reducing the number of accidents and fatal injuries owing to the incorrect decisions taken by the driver. Autonomous trains run and operate their components autonomously, based on the surrounding conditions and the data gathered from different servers. Currently, most autonomous trains functioning globally are only automatic; they are not completely autonomous. In these automatic trains, some operations such as train start stop, door operation, and emergency brakes function automatically under the surveillance of the train driver or attendant. Completely autonomous trains are unattended trains that function by themselves in coordination with data from servers and communication between trains running in parallel.

Railway transport is a well-managed mode of transport; however, the time required varies according to the traffic on the rail track. The number of train accidents has increased significantly in the last few years. In 2016, in Europe only, 1,787 train accidents occurred in which around 1,742 persons were killed or seriously injured. The numbers were 6% higher than that recorded in 2015.

According to the International Union of Railways (UIC), in 2016, 52% of total train accidents were caused due to trespassing on railway infrastructure. 24% of accidents occurred at level crossings, and only 13% accidents were attributed to internal, technical, or organizational failure. Governing bodies are focusing on enhancing the level of automation and deployment of advanced safety technologies such as CBTC (Communication Based Train Control), ERTMS (European Railway Traffic Management System), and PTC (Positive Train Control) owing to the significant increase in number of train accidents.

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This, in turn, is driving the autonomous trains market. Implementation of advanced technologies such as CBTC and ERTMS, allows real-time train management and route planning, operating staff information, on board component status, and communication between trains running in parallel. Train accidents can be avoided by integrating these data with the train control module. Therefore, increased concern about passenger safety is driving the autonomous trains market. Demand for well-managed, punctual, and secure mode of transportation is increasing owing to rapid increase in urbanization and globalization. There has been a consistent rise in the number of passengers due to increased commutation for work. Additionally, trains being a time-saving and inexpensive mode of transport is fuelling the demand for autonomous trains, which effectively reduces the travelling time and ensures the safety of passengers boarding the train.

High cost of infrastructure installation, components, and technologies is a key factor restraining the autonomous train market. The rail industry being the lifeline in populated countries such as China, India, and Japan, have witnessed significant development in the field of automatic railways, thereby boosting the market in these countries.

Presently, completely autonomous trains are very few in numbers. Based on grade of automation, the GoA1 and GoA2 level segment dominates the autonomous trains market. GoA1 level trains comprise automatic train protection operation with driver, while the GoA2 level trains consist of automatic train protection, automatic train operation with driver, and automatic train cruising and stopping. Considering passenger safety, most high speed trains are implemented with GoA1 and GoA2 automation level. Metros are a fast and reliable mode of transportation. Automation in metro trains is increasing rapidly owing to the high volume of passengers transported by them. Infrastructure for monorails is being developed across the globe. Governing bodies are preferring to implement infrastructure with automation technologies. Therefore, the monorail segment of the autonomous trains market is anticipated to expand at a CAGR of more than 23% during the forecast period.

An autonomous train generally comprises a RADAR module, optical sensors and cameras, odometers, antennas, LiDAR modules, infrared cameras, and other components. LiDAR modules are more expensive than all other components. Therefore, it accounted for major share, in terms of revenue, of the autonomous trains market in 2016. The LiDAR module segment is expected to account for comparatively smaller share of the market, in terms of revenue, by 2025, owing to the projected decline of its price.

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Japan and China have a significant number of high speed automatic trains. The rail industry in Japan has witnessed significant achievements and implementation of notable projects. Asia Pacific accounts for a prominent share of the global market primarily due to the presence of technologically advanced countries having strong foothold in the rail technology. The Government of China is focused on the adoption of autonomous trains across the country. Several new autonomous train projects are in progress and several are expected to be planned during the forecast period.

India has also adopted autonomous trains and have begun numerous projects. Recent autonomous train testing positions India on the world map for significant development in the automated rail industry.  Considering the increasing demand from Pacific countries, India, and ASEAN countries, Asia Pacific is expected to maintain its leading position in the global market during the forecast period. Asia Pacific is followed by Europe in terms of global market share. Countries in Europe are technologically advanced and witness a higher rate of adoption of advanced technology. Consequently, Europe accounted for a major share of the global autonomous trains market.

Key players operating in the global autonomous trains market include, Alstom S.A., Hitachi Ltd., Bombardier Transportation, Thales Group, Siemens, Mitsubishi Electric, Ansaldo STS and CRRC Corporation Limited. Global players are emphasizing on the development of advanced technologies such as CBTC and PTC with the help of regional players and autonomous technology suppliers. These advanced technologies are rapidly changing the outlook of the autonomous trains industry. Bombardier Transportation and Thales Groups hold a prominent share of the autonomous trains market. Global players are focusing on research and development activities in order to advance toward more reliable and accurate technology and cater to the increasing demand for higher level of train automation and passenger safety.

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Winter Tire Market Status And Application Forecast 2026

Transparency Market Research (TMR) witnesses that the global winter tire market has a significantly competitive vendor landscape owing to the dominance of few players. Bridgestone Corporation, Continental AG, Nokian Tyres plc, Nexen Tire Corporation, The Goodyear Tire & Rubber Company, Sumitomo Rubber Industries, Ltd., Pirelli & C.S.p.A., The Yokohoma Rubber Co., Ltd., and Hangzhou Zhongce Rubber Co., Ltd. are some of the key players in the global winter tire market.

According to TMR, the global winter tire market is projected to collect revenue of US$ 28 Bn by 2026-ened in terms of revenue. The market is expected to swell with a CAGR of 3% over the forecast period from 2019 to 2027.

Based on tire type, the non-studded tire segment is likely to dominate the market by expanding at a prominent growth rate over the forecast period. Based on the vehicle type, the passenger vehicle segment held lion’s share in the winter tire market and is predicted to continue its dominance in the market over the forecast period. Based on the region, Europe is expected to stand at a significant market for winter tires followed by Russia and North America. This is attributable to the presence of stringent government norms and harsh winters in Europe.

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Rising Importance of Driving Safety Propels Market Growth

Rising interest for driving security is boosting the interest for winter tires. Summer or all-season tires become solid at low temperatures and subsequently, lose footing. Vehicles outfitted with winter tires are said to stop at a 30% shorter separation than a vehicle furnished with all-season or summer tires. Winter tires empower better braking and vehicle moving in virus atmospheres and consequently, an expanding number of shoppers are embracing winter tires.

Stringent winter tire guidelines sanctioned in Europe and Russia is an essential driver of the winter tire market in Europe and Russia. Winter tires are compulsory in a few nations in Europe, for example, Austria, the Czech Republic, Estonia, and Latvia. In 1999, the winter law was passed in Sweden and crash rates were analyzed for post-enactment period and pre-enactment period. A decrease in crash by 11% to 14% was watched.

Rising Harshness of Winters in These Countries to Boost Market Growth

Serious winter experienced in the Nordic sub-district and Central Europe is driving the winter tire market in Europe. Rising vehicle deals in nations in the Nordic sub-district and Central Europe is boosting the interest for winter tires in these sub-areas. Rising shopper reasonableness is additionally a noteworthy driver of the winter tire market. Winter tires, basically, should be fitted to vehicles when temperatures fall beneath 7 °C, as the elastic tracks lose adaptability and footing regardless of snow conditions. Rising purchaser mindfulness and interest for security is relied upon to support the interest for winter tires in nations encountering low temperatures, however no snowing, in this way boosting the winter tire market. North America is a worthwhile market for winter tires because of overwhelming snowing in Canada and northern conditions of the U.S. High number of light business vehicles and traveler vehicles on-street is further boosting the winter tire market in the area.

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Ascend in purchaser pattern for energetic appearance of vehicle and high freedom vehicles is energizing the interest for winter tires in the 18-inch to 21-inch fragment. Tires with higher edge sizes give better cornering solidness and mobility and henceforth, are seeing extreme interest.

This information is encompassed in the report by TMR, titled, “Winter Tire Market (Tire Type – Studded, Non-studded; Rim Size – 12’’-17’’, 18’’-21’’, >22’’; Vehicle Type – Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026.”

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