Crystal Oscillators Market Dynamics, Segmentation and Competition Analysis 2023

A crystal oscillator is an electronic oscillator circuit, which utilizes the mechanical resonance of a vibrating crystal of piezoelectric material such as quartz to develop an electrical signal with a very accurate frequency. This frequency is commonly used to keep track of time in order to provide a stable clock signal. Therefore, it is used in all those products which utilize the concept of precise and stable clocks.

Crystal oscillator finds its applications in a wide range of products spanning domains such as military and aerospace, research and measurement, industrial, automotive and consumer products. The growth rates of these domains majorly determine the growth rate of the crystal oscillators market.

Crystal Oscillators Market – Key Drivers

Consumer products which include radios, television sets, cellular phones, cordless phones, computers, pagers, VCRs etc., have been growing for decades. Increasing penetration of smartphones and tablets is expected to be a significant driver for the crystal oscillators market. In addition, healthcare devices require crystal oscillators in products such as pacemakers. Therefore, the constantly evolving medical industry is expected to fuel the crystal oscillators market.

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Growing research and developments in certain fields require a variety of measuring instruments, which works on the principle employed by crystal oscillators and hence use them extensively. Introduction of Quartz MEMS technology is a future opportunity for the market, and adopting standard semiconductor processes and high volume plastic packaging is expected to significantly improve the lead time and availability of oscillator procurement.

Crystal Oscillators Market – Key Players

Some of the major companies with global presence in crystal oscillators market include Epson Toyocom, Rakon, TXC, HELE, SIWARD, and TAISAW.

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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World

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LED Phosphor Market SWOT Analysis and innovations by Leading Key Players

The demand within the global LED Phosphor market is set to increase in the times to follow. The use of chemical analysis to evaluate the potential of Phosphor in LED technology has given an impetus to market maturity. The chemical research industry has caused formidable disruptions across the lighting industry, developing a launch pad to develop new technologies. The use of Phosphor has increased across several industries, mainly due to the distinct properties of the substance. The presence of phosphor can enhance the performance of LEDs. Furthermore, the need for using light-absorbing materials has created humongous demand within the global LED Phosphor market. In the contemporary times, the total volume of revenues within the global LED Phosphor market is set to increase.

In this review, Transparency Market Research (TMR) unleashes a multitude of trends that have aided the growth of the global LED Phosphor market. LED technologies have become a part of the energy sector. Scientists have acknowledged the use of LEDs to ensure efficient lighting across key premises. The adoption rate of LED technologies been commendable in recent years. Chemical analysis of Phosphor has attracted the attention of the researchers in recent times.

Global LED Phosphor Market: Notable Developments

Several trends pertaining to the energy sector have paved way for key developments within the global LED Phosphor market.

• LED architectures are under study across several institutes and research organizations.  Packaged LEDs have become a part of several industries, and there is rising focus on surveying and analysing their efficiency. In a recent survey conducted by Maury Wright, it was found that the use of packaged LEDs for specific component architectures shall help in improving light quality. The mid-power segment is slated to attract increased demand for LED Phosphor in the times to follow. Relevance of LED technologies for solid-state lighting (SSL) shall play a defining role in propelling sales across the market.
• The vendors operating in the global LED Phosphor market are focusing on investing in research and development to ensure optimal utilization of LED technology. There has been an increase in demand for LEDs across several industries, and the market vendors can leverage this trend to their advantage.

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Key Players

• Intematix Corporation
• Yuji International Co. Ltd.
• Nichia Corporation
• Denka Co. Ltd.

Global LED Phosphor Market: Growth Drivers

• High Luminescence of LEDs

The relevance of LED technologies in the contemporary times cannot be underestimated. There is increasing focus on the use of light emitting diodes for improving the standards of energy discharge and provision. The energy sector has been focusing on developing new technologies that minimize the cost of producing light. LEDs have emerged as the most viable technology for producing luminescent light technologies. Furthermore, the need to transform visible light into multiple forms has also created increased demand for LEDs. In light of the factors mentioned above, it is safe to expect the global LED Phosphor market would tread along a lucrative pathway in the years to follow.

• Use of LED in Key Industries

The past decade has witnessed an alarming decline in the availability of natural resources. This has caused several disruptions in the energy sector. The energy sector is emphasizing on the use of efficient and optimized technologies to ensure judicious use of resources. The use of LED technologies for lighting has played an integral role in driving sales across the global LED Phosphor market. There is humongous demand for LED lighting in keys sectors such as hospitals, chemical centers, banks, and residential complexes. Henceforth, the demand dynamics of the LED Phosphor market shall improve in the years to follow.

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The basic element used in LEDs is phosphorous that is responsible for light emission. With increasing use of LEDs in number of applications, there is increased demand for construction of LEDs, and hence increasing requirement for LED phosphor. LEDs offer increased efficiency and lifetime as compared to other light sources and hence, they are highly preferred lighting technology in most of the countries.

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Infrared LED Market Comprehensive Analysis, Major Applications and Growth Opportunities to 2025

Infrared (IR) LEDs are the transmitters which radiate IR beams at a more drawn out wavelength than obvious light. These gadgets are comprised of aluminum arsenide or aluminum gallium arsenide and have a working voltage of around 1.4V. The IR LED emanates wavelength at the scope of 760 nm and is hence undetectable to the human eye. Expanding installation of 6-inch sapphire wafer substrate is picking up noticeable quality as the 6-inch wafer lessens the expense of LEDs when contrasted with 2-inch wafers.

The 6-inch wafers makes the creation more effective as there is no space squandered and edge misfortunes are lessened. The expanding establishment of closed circuit TV cameras for observation will propel the development prospects for the worldwide infrared LED market for the following few years. CCTV cameras are incorporated with infrared LEDs as a key segment that gives night vision and provides with low-light level applications. Likewise, the mechanically propelled current IR LEDs offer propelled picture improvement and are more solid and enduring. Besides, the mix of CCTV cameras along with infrared LED provides expanded optical yield, extensive variety of discharge edge, and close field perceivability applications.

The relocation of LED producers to 6 inch sapphire wafer substrates will support the development possibilities for the worldwide infrared LED market before the finish of forecast period. As the 6 inch wafers influence the creation to process more productive and diminish the expense of LEDs not at all like on account of 2 inch wafers that outcomes in more squandered space and edge misfortune, the makers are progressively relocating towards 6 inch sapphire substrates. The worldwide infrared LED market is exceedingly aggressive due to the awareness of countless and global merchants over the globe. It has been watched that numerous enormous players are encountering a decrease in their market share as a result of the expanding number of Chinese makers.

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Infrared (IR) LEDs are the transmitters which emit IR rays at a longer wavelength than visible light. These devices are made up of aluminum arsenide or aluminum gallium arsenide and have an operating voltage of around 1.4V. The IR LED emits wavelength at the range of 760 nm and is thus invisible to the human eye. Increasing adoption of 6-inch sapphire wafer substrate is gaining prominence as the 6-inch wafer reduces the cost of LEDs when compared to 2-inch wafers. The 6-inch wafers makes the production more efficient as there is no space wasted and edge losses are reduced.

Growing demand of infrared LEDs for integration of hyper spectral imaging and remote sensing in consumer electronics, automotive, and other allied industries is expected to drive the industry over the forecast timeline. Increasing popularity of these devices amongst end-users DIY (do-it-yourself) security cameras is anticipated to support the industry demand. Rising security concerns and ever expanding smartphone industry are fulfilling the demand of infrared LEDs globally. Increasing construction of smart homes and commercial complexes will demand for more secure equipment for the security purposes in the coming years. Technological advancements in infrared LEDs in defense, imaging, lighting, automotive, and consumer electronics is expected to fuel the global infrared LED demand from 2017 to 2025.

Low power consumption, high security and low cost benefits is projected to support the infrared LED industry as these devices are used in combination with receivers for use in varied products such as wireless mouse, remote controls, and telecommunication modules. Manufacturers are focusing on implementation of infrared LEDs in various multimedia devices such as mobile phones & tablets and surveillance systems.

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Emerging technologies in closed circuit televisions (CCTVs) and smartphones such as iris and facial recognition is anticipated to be a quickly growing trend in the industry. For instance, Samsung’s smartphone Galaxy S8 features iris and facial recognition to meet and secure the growing demand of mobile payment services. The widespread promotion of mobile payment services on devices such as notebooks and smartphones featuring user authentication based on infrared LED technology, is predicted to be the primary growth driver of the industry over the forecast timeline.

IR LEDs are integrated into CCTV cameras as primary component as it offers low-light level and night vision applications. The technological advancements in modern infrared LEDs offer advanced image enhancement which are more reliable and long lasting. The integration of IR LED with CCTV cameras offers wide range of emission angle, increased optical output and near-field visibility applications.

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Surge Arresters Market Growth Overview and Forecast by 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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Last Mile Delivery Transportation Market Opportunity Mapping, Emerging Technologies & Forecast by 2030

According to the report, the global last mile delivery transportation market is projected to reach ~US$ 400 Bn by 2030, expanding at a CAGR of ~3% during the forecast period. Rise in trade and more distance between manufacturing units and end users is likely to boost the market for transportation during the forecast period.

In developing and major emerging economies, transportation of products and goods by means of roadways plays an integral role. Moreover, this mode of transport is cost-effective for door-to-door service, owing to improved road infrastructure. This is anticipated to propel the last mile delivery transportation market during the forecast period.

Increase in industrialization and preference toward e-tailing is estimated to boost the last mile delivery transportation market. Online shopping is witnessing significant expansion, owing to an increase in speedy Internet access, which has led to a rise in preference toward e-tailing among consumers. Furthermore, convenience of shopping from home is projected to boost e-Commerce and consequently, drive the last mile delivery transportation market during the forecast period.

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Expansion of Last Mile Delivery Transportation Market

A surge in trade volume, owing to rising bilateral trade among countries is projected to boost the last mile delivery transportation market during the forecast period. China witnessed a surge in both general trade volume and proportion, escalating to 15.66 Trn Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN.

Exports of China to the U.S. further rose by 15.2% year-on-year. Based on cargo type, the global last mile delivery transportation market has been segmented into dry goods, liquid goods, and postal goods. Dry goods and liquid goods are likely to be highly lucrative segments during the forecast period. This is primarily due to the rise in trade volume from one region to another. Rise in volume of imports of industry and manufacturing raw materials and export and import of food and pharmaceuticals.

In terms of end user, the FMCG segment dominated the market, as increase in volume of transport of liquid goods, including oil & gas over the years has been enhancing the demand for freight trucks. Moreover, rise in export of oil and diesel over the years is anticipated to boost the last mile delivery transportation market, as the demand for quality goods and services has been rising in rural areas, owing to improved distribution channels of FMCG companies.

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Regional Analysis of Global Last Mile Delivery Transportation Market

In terms of region, the global last mile delivery transportation market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global last mile delivery transportation market in 2019. It is anticipated to hold a leading share during the forecast period, due to high volume of freight transport in China & ASEAN. Improvement of road & transport network and cross-country trade over the years is likely to boost the last mile delivery transportation market in the region.

Prominent players operating in the global last mile delivery transportation market include Cargo Carriers Limited, CJ Logistics Corporation, CEVA Logistics, Concargo Private Ltd, DB SCHENKER, Interlogix Pty Ltd., DHL Paket GmbH, Estes Express Lines, FedEx Corporation, Kuehne + Nagel, Nippon Express Co., Ltd., J&J Global Limited, KART, SNCF Geodis, Swift Transportation, TNT Holding B.V., Procet Freight, Tuma Transport, Yamato Holdings Co., Ltd., and United Parcel Service Inc.

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Microcars Market Analysis by Product Type, Applications, Company Profile 2030

According to the report, the global Microcars market is projected to reach ~US$ 12.7 Bn by 2030, expanding at a CAGR of ~15% during the forecast period. Growing environmental concerns, increasing fuel prices, and traffic congestion globally have laid emphasis on improving transportation facilities. Thus, vehicle manufacturers are focusing on the development of comfortable, affordable, and fuel-efficient small vehicles. This is likely to boost the microcars market during the forecast period.

Rapid increase in vehicle penetration in developing countries and rise in investment in research & development activities are key factors that are estimated to drive the global microcars market during the forecast period. The microcars market is likely to perform well soon due to the rise in the demand for hybrid cars in Asia Pacific, owing to their affordability as well as low maintenance, along with the decrease in the micro electric vehicle’s battery cost, which is likely to propel microcars market in Asia Pacific.

Rise in government initiatives for the development of microcars as well as vehicle manufacturers are integrating advance technology, including advance drive assist (ADAS) and connected vehicle, which is likely to enhance the microcars market across the globe. Moreover, in the U.K., the government offers several tax benefits to people who use microcars. Increase in smart car culture among the young population, rise in export opportunities for microcar manufacturers, and a surge in disposable income are anticipated to boost the microcars market across the globe.

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Expansion of Microcars Market

The surge in trade volume, owing to rising bilateral trade among countries is projected to boost the microcars market during the forecast period. China witnessed a surge in both general trade volume and proportion, rising to 15.66 trillion Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN. Exports of China to the U.S. further rose by 15.2% year-on-year. Based on drive, the global microcars market has been segmented into 2WD/1WD and AWD. AWD is likely to be highly lucrative segment during the forecast period.

This is primarily due to the rise in use of sports utility vehicles and increased need for stability and control of vehicle. Legislation regarding AWD in vehicles across developed countries, including the U.S., China, and Japan, is likely to boost the microcars market. In terms of fuel type, the electric segment dominated the market, as an increase in the demand for electric vehicles due to enactment of emission regulations is driving the demand for microcars. Moreover, major vehicle manufacturers are likely to shut down the production of diesel engines due to the enactment of stringent rules and regulation regarding emission, which is estimated to boost the demand for electric microcars. This, in turn, is anticipated to boost the microcars market across the globe.

Regional Analysis of Microcars Market

In terms of region, the global microcars market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global microcars market in 2019. It is anticipated to hold a leading share during the forecast period due to the rise in sales and production of vehicles in China and ASEAN.

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Thus, rise in demand for electric vehicles across the Asia Pacific is anticipated to further boost the microcars market in the region. Prominent players operating in the global microcars market include BMW AG., Mazda Motor Corporation, Daihatsu Motor Co., Ltd. , Daimler AG, Group PSA., Honda Motor Company, LIGIER Group., Mahindra & Mahindra, Tata Motors, Toyota Motor Corporation, Groupe Renault SA, Daihatsu Motor Co. Ltd., Piaggio & C. Spa, Subaru, and Suzuki Motor Corporation.

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Automotive Adhesive Market Analysis, Company Profile, Future Estimations by 2030

According to the report, the global automotive adhesive market is projected to surpass US$ 7 Bn by 2030, expanding at a CAGR of ~5% during the forecast period, owing to increasing usage of adhesives in vehicles to achieve lightweighting and higher fuel economy. A car in the 1990s contained around 22 pounds of adhesives, which has presently increased to about 33 to 39 pounds.

Expansion of Automotive Adhesive Market

Adhesives have been utilized for bonding metal sheets in vehicles for over 40 years. Increasing trend of aerodynamic bodies and flatter designs to create minimal wind resistance have led to the usage of adhesives, as opposed to conventional spot welding. Decline in the number of welding points and increased use of adhesives in structural bonding are likely to boost the global automotive adhesive market during the forecast period.

Vehicles manufactured with adhesives are more cost-effective and safe as compared to their welded counterparts. Welding, bolting, or riveting impact the rigidity of assembled parts, the use of adhesive acts as a buffer and absorbs high energy. Increased demand for safer vehicles among consumers and competition among automakers to achieve higher safety rating are driving the global automotive adhesive market.

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Based on adhesive type, the structural segment held a leading share of the global automotive adhesive market in 2019. Adhesives have been widely adopted for gluing structural components and panels to lower the vehicle weight and improve stability and safety. The threadlocks & retainers segment is anticipated to expand at a high growth rate during the forecast period, as they are cost-effective and prevent corrosion, leakage, and loosening of fasteners/bolts/screws.

In terms of vehicle type, the passenger vehicle segment held a leading share of the global automotive adhesive market, owing to the higher production volume of cars and high usage of adhesives in cars to achieve interior esthetics, lightweighting, and to lower vehicle noise and vibrations.

Regional Analysis of Automotive Adhesive Market

In terms of region, the global automotive adhesive market has been segregated into North America, Europe, East Asia, South APAC, Middle East & Africa, and Latin America. Asia Pacific held a leading share of the global automotive adhesive market in 2019. High production of vehicles in China, Japan, and India led to the dominance of Asia Pacific in the global automotive adhesive market. Europe and North America held a prominent share and the market in these regions are anticipated to expand at a steady pace post recovery from the COVID19-induced auto recession.

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Key Players of Automotive Adhesive Market

Prominent players operating in the global automotive adhesive market include Henkel AG & Co., KGaA, Arkema S.A., DuPont, Hunstman International LLC, Sika AG, Jowat SE, Dow Inc., 3M, Ashland, H.B. Fuller Company, and Franklin International.

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