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LDS (Laser Direct Structuring) Antenna Market – Growth, Trends and Forecast (2019 – 2024)
| Electronics | Published by: Mordor Intelligence | Market: |
| 100 pages | Published: 11-06-2019 |
- Electronics
- Mordor Intelligence
- 100 pages
- Published: 11-06-2019
Market Overview
The LDS Antenna Market was valued at USD 313.29 million in 2018 and is expected to register a CAGR of 17.75%, during the forecast period (2019 – 2024). The LDS technology is one of the fastest expanding segments of the molded interconnect devices (MID) market. With the miniaturization trend gaining prominence across various industries, the LDS market is growing in popularity by allowing smaller designs, with integrated functionalities.
After failing to meet those exuberant expectations, 3D MIDs are gaining broader acceptance today as new processes, materials, and technologies converge to better meet the demands of circuit-carrying plastic parts.
Many industry observers believe MIDs have finally come of age. The driving forces are miniaturization, tighter electronic packaging, and increased functional demands.
To meet these new requirements, new processes, such as laser direct structuring (LDS) have emerged as ways to simplify MID production, reduce cost, and speed product development.
Scope of the Report
The LDS antenna market is segmented by end-user industry and geography. The end-user industry is further segmented by healthcare, consumer electronics, automotive, networking, and other end-user industries. Geographically the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.
Key Market Trends
Consumer Electronics to Hold Major Share
LDS antennas are extensively used in smartphones, wearables, laptops, gaming consoles and accessories, and tablets.
Global digital spending is expected to exceed USD 1 trillion by 2018, with three product categories alone making up 75% of this global expenditure: smartphones (48%); TVs (12%); and mobile PCs/tablets (15%).
With consumers demanding better body to screen ratios from device manufacturers, OEMs are pushing the boundaries of electronics by developing smartphones with almost no bezels. Miniaturization of internal components is considered to be a key concept to enable a higher body to screen ratio, which is expected to increase the adoption of LDS technologies.
However, the declining sales of the tablet could hinder the growth of the segment in the long run, with Apple and Huawei, being the only two companies to have seen any growth in 2018, with Huawei leading Apple by nearly 7%. Nevertheless, this is expected to change with Apple launching the new iPad, which is bigger and lighter.
China to Hold Major Share
Increasing demand in the consumer electronics sector is one of the primary sources of increasing demand for LDS antennas in China. With rising disposable incomes, consumers tend to seek high-quality products that offer the best, regarding the user experience. According to Zenith estimates, China is expected to have the highest number of smartphone users (1.3 billion) followed by India, with 530 million users, in 2018. The country is also experiencing a dramatic shift to mobile broadband networks, particularly 4G, which is providing a platform for a rich range of innovative new services across developed and emerging markets in the country. Meanwhile, the country is also experiencing an increase in the 5G field trials, thus, opening up opportunities for LDS antenna market.
Competitive Landscape
The LDS antenna market has gained a competitive edge in the past decade. In terms of market share, few of the major players currently dominate the market. These major players with prominent share in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and increase their profitability. In May 2018, Pulse Electronics and Yageo Corporation entered into a definitive agreement, under which, Yageo will acquire Pulse. Yageo believes that Pulse has tremendous growth potential and is keen to gain a foothold in the United States and Europe, as well as in the automotive and industrial markets. In Dec 2018, Molex announced that it has completed the acquisition of the Connected Vehicle Solutions (“CVSâ€) division of Laird Limited, owned by funds managed by Advent International. This investment extends capabilities to improve connected mobility solutions for automotive manufacturers building intelligent next-generation vehicles.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Attractiveness Porter’s Five Force Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers/Consumers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Introduction to Market Drivers and Restraints
4.4 Market Drivers
4.4.1 Rising Demand For Miniaturization In Consumer Electronics Industry
4.4.2 Growth Of IoT And Devices With Higher Antenna Ranges
4.5 Market Restraints
4.5.1 Lack Of Awareness and Manufacturing Complexities Associated With MIDS
4.6 Industry Value Chain Analysis
5 MARKET SEGMENTATION
5.1 By End-user
5.1.1 Healthcare
5.1.2 Consumer Electronics
5.1.3 Automotive
5.1.4 Networking
5.1.5 Other End-user Industries
5.2 Geography
5.2.1 North America
5.2.1.1 US
5.2.1.2 Canada
5.2.2 Europe
5.2.2.1 Germany
5.2.2.2 UK
5.2.2.3 France
5.2.2.4 Russia
5.2.2.5 Spain
5.2.2.6 Rest of Europe
5.2.3 Asia Pacific
5.2.3.1 China
5.2.3.2 India
5.2.3.3 Japan
5.2.3.4 South Korea
5.2.3.5 Rest of Asia-Pacific
5.2.4 Latin America
5.2.5 Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Taoglas Limited
6.1.2 Molex LLC
6.1.3 LPKF Laser & Electronics AG
6.1.4 SelectConnect Technologies
6.1.5 TE Connectivity Ltd
6.1.6 Pulse Electronics Corporation
6.1.7 Amphenol Corporation
6.1.8 Tongda Group Holdings Limited
6.1.9 Shenzhen Sunway Communication Co., Ltd
6.1.10 Luxshare Precision Industry Co. Ltd
6.1.11 HARTING KGaA
6.1.12 Huizhou Speed Wireless Technology Co. Ltd
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By End-user
Healthcare
Consumer Electronics
Automotive
Networking
Other End-user Industries
Geography
North America
US
Canada
Europe
Germany
UK
France
Russia
Spain
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Middle East and Africa
Medical X-Ray Films Market – Growth, Trends, and Forecasts (2019 – 2024)
| Electronics | Published by: Mordor Intelligence | Market: |
| 100 pages | Published: 10-06-2019 |
- Electronics
- Mordor Intelligence
- 100 pages
- Published: 10-06-2019
Market Overview
The global medical X-ray films market was valued at USD 931 million in 2018, and it is expected to record a CAGR of over 0.6% during the forecast period (2019 – 2024). The report is segmented by end user and region. The increasing occurrences of chronic diseases, coupled with the rising number of diagnostic imaging procedures and significant spending on healthcare across the world, have been instrumental in driving the global medical X-ray films market.
X-ray techniques have been useful in the detection treatment of neurological problems, cancer, cardiac diseases, and bone-related problems. This has buoyed the adoption of X-ray equipment, and consequently the use of X-ray films.
Increase in number of radiography tests performed in hospitals, globally, each year, is one of the major factors pushing the demand for Medical X-ray Film, whereas the emergence of new and advanced-imaging equipment by key market players, like Kodak, Fuji, especially in a developed economy is expected to affect the market growth negatively. However, owing to the high equipment cost of the advanced equipment, hospitals in emerging economies are still working on analog radiography aiding the X-ray film market to grow in these regions.
The global X-ray equipment market is among the most adopted forms of medical imaging diagnostics. While there has been an increasing adoption of digital X-ray equipment, the FPD-FFDM for mammography uptake in emerging regions is relatively low, with few healthcare providers being able to purchase the costly equipment.
The emerging economies of Brazil, Turkey, India, and China have been among the largest adopters of analog X-ray equipment. While, these countries have been well informed of the newest digital equipment, yet a majority of the hospitals have been reluctant to update their existing equipment, owing to the capital investment already made. Furthermore, the lack of skilled personnel to use and manage digital X-ray equipment has also hindered their adoption in these regions.
The dental applications are expected to be slow adopters of the digital equipment, owing to the high cost of digital radiography systems for these applications, positively impacting the market for X-ray equipment and films. However, the evolution and adoption of digital X-ray systems and flat panel detectors instead of films that deliver a user-friendly, smart workflow for imaging centers have posed a major threat to the X-ray films market.
Scope of the Report
A medical X-ray film processor is the most important part for X-ray image processing. These processors are used to decipher the information carried by weakened X-ray beams, when they are passed through tissues. They capture the invisible image and convert it into a visible form. The main part of an X-ray film is a radiation-sensitive, photographically active material made in the form of emulsion quoted on the supporting material called base.
Key Market Trends
Diagnostic Centers Segment is Expected to Register a Significant Growth
An aging population across the world that is more prone to chronic diseases and ailments is expected to further drive industry growth. However, high-cost associated with the installation of medical imaging systems and increased risk of exposure to high radiation among patients are expected to hinder the market for X-ray medical diagnosis.
The increasing importance of diagnosis well in advance, coupled with a rise in government spending in healthcare that has reflected in the increasing shipments of medical diagnostic equipment, is expected to positively affect the market growth.
The X-ray equipment market has held the largest share of the overall MDI, which has been a significant driver for the X-ray film market and has been buoyed by its usage in the mammography, veterinary, and dental applications.
While the market landscape for X-ray equipment market is defined by established players, such as GE and Fujifilm, the X-ray film market is fragmented with a large number of global and local players in each region. Major players are investing in emerging countries to gain a strong foothold on the market.
For instance, in 2018, Dalian Wanda Group Co. Ltd announced to invest USD 10 billion in a health park in China. This investment is expected to be done after the government eases the norms for FDI in the Chinese private healthcare sector. However, the growing collaboration between developing and developed economies in the diagnostic industry is expected to increase the number of diagnostic centers, which is further estimated to affect the market studied positively.
Asia-Pacific Region is Expected to Have Highest Growth
Asia-Pacific still relies on traditional X-ray solutions significantly. Due to the region’s increasing population and the number of patients suffering from ailments, who should be diagnosed or managed through the use of CT, the use of X-rays is on the rise. This growing pool of patients has led to the high demand for medical imaging. In the Asia-Pacific region, hospitals play a crucial role in medical diagnostics. In China, the number of hospitals is on the rise. The National Bureau of Statistics of China reported an increase in the number of hospitals in the country, from 23,170 hospitals in 2012 to 29,140 hospitals in 2016.
Moreover, in India, according to the World Bank, 77% of the healthcare industry was occupied by hospitals and 3% by the diagnostic centers in 2016. Thus, the region still has a high dependency on hospitals for diagnostics and medical imaging solutions. The American Cancer Society reported a huge rise in breast cancer cases in the country, from 192,370 breast cancer cases in 2008 to 266,120 cases in 2018. With this, death toll from breast cancer increased from 40,170 deaths in 2009 to 40,920 deaths by the end of 2018.
The country, however, is tackling this concern by initiating programs, such as the National Cancer Screening Programme of 2016, which made screening for oral, breast, and cervical cancers mandatory in people over the age of 30 in 100 districts of India before the program expands to other areas.
Competitive Landscape
The global medical X-ray films market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with prominent market shares are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and their profitability.
Furthermore, the companies operating in the market are also acquiring start-ups working on medical X-ray films to strengthen their product capabilities. For instance, In August 2017, Codonics Inc. and Plexus Technology Group LLC (Plexus TG), a market-leading, best-of-breed provider of Anesthesia Information Management Systems (AIMS), strengthened their partnership by elevating Plexus TG to a value-added reseller for Codonics Safe Label System (SLS).
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Continued Adoption of Traditional X-ray Equipment in Developing Economies
4.4 Market Restraints
4.4.1 Emergence of Digital Radiography and Flat Panel Detector Technology
4.5 Industry Attractiveness Porter’s Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By End User
5.1.1 Diagnostic Centers
5.1.2 Hospitals
5.1.3 Research and Educational Institutions
5.2 Geography
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 Middle East & Africa
5.2.5 Latin America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Agfa-Gevaert NV
6.1.2 Konica Minolta Inc.
6.1.3 Fujifilm Holdings Corporation
6.1.4 Flow Dental
6.1.5 Sony Corporation
6.1.6 Carestream Health Inc.
6.1.7 Skydent AS
6.1.8 Codonics Inc.
6.1.9 Foma Bohemia Ltd
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By End User
Diagnostic Centers
Hospitals
Research and Educational Institutions
Geography
North America
Europe
Asia-Pacific
Middle East & Africa
Latin America
Micro Light Emitting Diode (LED) Market – Growth, Trends, and Forecast (2019 – 2024)
| Electronics | Published by: Mordor Intelligence | Market: |
| 100 pages | Published: 17-06-2019 |
- Electronics
- Mordor Intelligence
- 100 pages
- Published: 17-06-2019
Market Overview
The Micro-LED Market was estimated at 6.10 million units in 2018 and is expected to register a CAGR of 153.1% during the forecast period (2019 – 2024). The micro LED market has witnessed an exponential demand since the acquisition of Luxvue by Apple in 2014, numerous companies have investments into the development of Mirco LEDs including startups, such as Playnitride, Mikro-Mesa, X-Celeprint, VueReal, and Lumiode. According to research, the growing number of patents in this field, which were estimated for more than 1,570 patents were filed during the 2000-2016 period is expected to augment the market growth during the forecast period.
Mirco LEDs are an emerging display technology. Importantly, micro LEDs are a significantly brighter source, offering brightness three or four orders of magnitude higher than OLEDs, which are capable of delivering around 1000 Nits (cd/m2), whereas micro LEDs offer hundreds of thousands of Nits for the equivalent power consumption.
Further, as GaN-based LEDs technology grows in maturity, the focus of many research groups has shifted toward the fabrication of higher power and higher efficiency LEDs, which stimulates the demand for micro LEDs due to their properties.
The major challenge existing today for the manufacture of micro LEDs is the mass transfer process, which is the placement of gallium nitride LEDs onto the substrate. One notable development of GaN-on-sapphire technology is using pick-and-place equipment. However, the deployment of this involves the individual placement of every LED on a pitch of less than 50μm, which requires new and expensive equipment subjecting the company to productivity and cost issues.
Currently, the demand for Higher-quality HMDs and functionality improvements to support the on-going roll-out of high quality AR/VR content are pushing the adoption of micro LEDs compared to the conventional LCOS and DLP technologies. Augmenting this trend, Oculus, the virtual reality headgear developer owned by Facebook, recently acquired an Irish micro LED company InfiniLED. According to Intel, the revenue opportunity of the AR/VR market remains strong, and is estimated to exceed USD 45 billion (USD) in headset hardware sales by the year 2021. Such trends present a strong growth potential for the market studied over the forecast period.
Scope of the Report
microLED, also known as micro-LED, is an emerging flat panel display technology. As the name implies, microLED displays consist of arrays of microscopic LEDs forming the individual pixel elements. When compared to the widespread LCD technology, microLED displays offer better contrast, response times, and energy efficiency.
Key Market Trends
Consumer Electronics to Account for Significant Share
Owing to technological advancements across various consumer electronic products, such as TVs, smartphones, smartwatches, tablets, micro LEDs, are expected to witness increased incorporation among these products. Technological giants in the market have adequate experience in the LCD, LED, and OLED technologies and are now engaging their resource and expertise in the developments of micro-LED, which are supposedly the future of the consumer electronics market.
Moreover, a South Korean giant, LG Electronics, is also planning to bring a new series of micro-LED displays to the market. The company has filed the paperwork to trademark these displays in the European Union, which will be used in smartphones, laptops, tablets and other similar electronic devices. LG is naming the displays as XµLED, SµLED, and XLµLED.
Taiwan holds a broad range of advanced LED and display technologies that makes one of the leading micro LED developers for consumer electronics. It is building a pilot line and aims to deliver micro LED offerings to domestic VR companies.
Moreover, prototypes from Korean firms debuted at CES 2018, namely ‘The Wall’ from Samsung and Micro LED displays from Lumens, proved the great effort both Korean enterprises. Owing to similar developments across other APAC countries and increasing consumption of electronic products, APAC is anticipated to witness a significant growth rate over the forecast period.
North America to Account for Largest Share
The increasing penetration of smartphones is considered to be one of the biggest contributor toward the adoption of micro LED in the region. In recent years, the United States has witnessed a consistent growth in smartphone sales. As part of its 2016 General Social Survey Statistics in Canada, 76% of Canadians owned a smartphone in 2016. In addition to smartphones, 71% of the Canadians surveyed owned a laptop, 54% had a tablet or e-reader and 50% a desktop computer.
The increasing penetration of smartwatches in the region is also expected to augment the adoption of the micro LED market. Companies, such as LG Electronics are planning to launch a new smartwatch alongside its signature LG V40 ThinQ smartphone in the United States, in order to leverage the growing opportunities of these devices in the region.
The United States Patent and Trademark Office also granted patents for Apple Inc., where about 99.9% of the patent is about advanced Micro LED displays. Its newly granted patent covers their invention relating to a display technology inherited from LuxVue, a Micro LED company they acquired in 2014.
Thus, in order to leverage the opportunity, companies, such as Rohinni (US – Based) entered into a joint venture with Magna Electronics, in order to develop flexible mini-LED and micro-LED based lighting devices for the automotive market.
Competitive Landscape
Though presently, there are few players, as the technology is considered to be disruptive for the future of display technologies, there is a surge in development and research in the production of micro LEDs.
This has bolstered the number of patents, as well as acquisitions of microLED developers/foundries by market players. Thus, the competitive rivalry is moderate and is expected to grow over the forecast period.
Some of the key players in the market are Innolux Corporation, Sony Corp, LG Display. Some of the key developments in Micro LED Market are as follows:
Sony Corporation had showcased its latest development in microLED display technology. The company had showcased its huge 8K micro-LED display at the NAB 2018 show in Las Vegas.
LG Display unveiled its first Micro LED TV prototype at IFA 2018. The company announced that its first Micro LED TV will indeed be larger than Samsung’s 146-inch modular Wall. Besides being the 173 inches in diagonal, it is based on the novel microLED display technology and built from modules.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Emergence Of MEMS Technology
4.3.2 Growth Of Consumer Electronics
4.4 Market Restraints
4.4.1 Mass Traansfer To Be A Bottleneck For Commercialization of Micro Led
4.4.2 Complexities Through The Supply Chain
4.5 Value Chain Analysis
4.6 Industry Attractiveness Porters Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Application
5.1.1 Display
5.1.1.1 Smartwatch
5.1.1.2 Near-to-eye Devices (AR and VR)
5.1.1.3 Television
5.1.1.4 Smartphone and Tablet
5.1.1.5 Monitor and Laptop
5.1.1.6 Head-up Display
5.1.1.7 Digital Signage
5.1.2 Lighting
5.2 By End User
5.2.1 Consumer Electronics
5.2.2 Automotive
5.2.3 Aerospace and Defense
5.2.4 Other End Users
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia Pacific
5.3.4 Rest of the world
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Innolux Corporation
6.1.2 Sony Corporation
6.1.3 LG Display Co Ltd.
6.1.4 Aledia SA
6.1.5 Epistar Corporation
6.1.6 Optovate Limited
6.1.7 Rohinni LLC
6.1.8 Samsung Electronics Co. Ltd.
6.1.9 JBD Inc.
6.1.10 Plessey Semiconductors Limited
6.1.11 Ostendo Technologies, Inc
6.1.12 VueReal Inc.
6.1.13 Allos Semiconductors
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Application
Display
Smartwatch
Near-to-eye Devices (AR and VR)
Television
Smartphone and Tablet
Monitor and Laptop
Head-up Display
Digital Signage
Lighting
By End User
Consumer Electronics
Automotive
Aerospace and Defense
Other End Users
Geography
North America
Europe
Asia Pacific
Rest of the world
Mixed Reality Market – Trends & Forecast (2019 – 2024)
| Electronics | Published by: Mordor Intelligence | Market: |
| 95 pages | Published: 11-06-2019 |
- Electronics
- Mordor Intelligence
- 95 pages
- Published: 11-06-2019
Market Overview
The global mixed reality market was valued at USD 258.69 million in 2018 and is expected to register a CAGR of 47.9% over the forecast period (2019-2024). Mixed reality is gaining widespread recognition across business processes, and the momentum is expected to grow further. However, initial costs have been at higher price points, thus making it hard for consumers, but they are still relatively inexpensive for enterprises.
The increasing adoption of MR in the architecture segment is currently the trend in the industry, which significantly affects the market development. Additionally, the rising adoption of MR devices in the gaming and entertainment sector is expected to drive the MR market during the forecast period.
The mixed reality trend is being fueled by investments in hardware devices, platforms, and software ecosystems. These investments are primarily focusing on replacing keyboards and flat displays with entirely new paradigms for collaboration and communication.
Various app developers and hardware developers are investing in developing MR compatible products. For instance, Zspace Inc., in Dec 2018, released a laptop that is aimed at educators, students, and healthcare providers. The laptop combines augmented and virtual reality through a mix of specialized 3D screen technology and lightweight glasses, making the mixed reality content more accessible.
Scope of the Report
Mixed reality (MR) is a technology that consolidates virtual and augmented reality visualization to give real interactive condition to the clients while watching movies or playing games.
Key Market Trends
Mixed Reality Market in Engineering to hold Major Share
The mixed reality market in engineering is slowly but surely becoming a game-changing utility. The present applications range from 3D modeling and virtual molding to remote repair guidance and project monitoring apps. For instance, Microsoft HoloLens is being used in some enterprises enabled with Microsoft Dynamics to help in assisting the user.
Mixed reality is also a useful and powerful instrument in the scenario that demands the visualization of processes, including the assembly process. In the oil refinery application, users didn’t get a description of how to assemble a plant, because it was not required by the oil refinery company. It is common for companies to experience that the employees do not bother with instructions and studying manuals.
Companies, such as Dassault Systemes, is currently working to create MR views of their virtual manufacturing plants in real-world environments. The company is confident that a model can instantaneously be built in their software and exported directly to the headset. To transit these devices as a true engineering design tool, they are emerging as the next step necessary for the broader application
Geographic Trends
The market is witnessing an increase in adoption in various regions. For instance, MRC Education Services Canada Incorporated has announced a joint venture with River Valley Technology Company of Beijing in the People’s Republic of China to launch an innovative approach for learning and applying English language skills and knowledge. Based on mixed reality (MR) and video over IP, both student in China and tutor in Canada can now engage in English language conversation. Further, UK government, as a part of its’ industrial development strategy, announced an investment of EUR 33 million in April 2018 to cover immersive technologies like AR, VR, and MR. such investments are expected to increase opportunities for UK-based businesses to create new apps, tools, and virtual experiences. In 2018, Microsoft partnered with JTRS, and its parent firm Econocom, to rollout mixed reality-as-a-service offering, which will allow customers to get a HoloLens on a subscription basis across Europe. This service offering of Microsoft indicates the company’s effort to address the high price of its MR device, which is restraining the adoption across regions.
Competitive Landscape
The mixed reality market is a concentrated one, which includes players, such as Microsoft, Magic Leap, Dell, and HP. Of these companies, Microsoft has made significant efforts that contribute to the growth of the MR market, with the company launching the first MR headset. Moreover, in 2017, Microsoft announced a new headset from Samsung, which joins its network of MR device makers, HP, Acer, Lenovo, and Dell. In 2018, Microsoft acquired Flipgrid, a prominent video discussion platform, which is used by more than 20 million teachers and students globally. With this acquisition, the company extends its effort to appeal to students and teachers with its technologies.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Scope of the Study
1.2 Key Findings of the Study
1.3 Study Assumptions
1.4 Study Deliverables
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 High-end Consumer Electronics Market
4.2.2 Growing Adoption in Various Industries
4.2.3 Growing Awareness of the Technology, along with Content Availability
4.3 Industry Attractiveness of Porter’s Five Forces Analysis
5 COMPARATIVE ANALYSIS (VR vs MR vs AR)
6 MR HMD COMPONENT VENDORS
7 MARKET SEGMENTATION
7.1 End-user Verticals
7.1.1 Education
7.1.2 Engineering
7.1.3 Entertainment
7.1.4 Healthcare
7.1.5 Other End-user Verticals
7.2 Geography
7.2.1 North America
7.2.2 Europe
7.2.3 Asia-Pacific
7.2.4 Rest of the World
8 COMPETITIVE LANDSCAPE
8.1 Company Profiles
8.1.1 Microsoft Corporation
8.1.2 Hewlett Packard Enterprise Company
8.1.3 Dell Technologies Inc.
8.1.4 AsusTek Computer Inc.
8.1.5 Samsung Electronics Company Limited
8.1.6 Acer Inc.
8.1.7 Magic Leap, Inc.
8.1.8 Amber Garage (Holokit)
8.1.9 Occipital Inc.
9 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
End-user Verticals
Education
Engineering
Entertainment
Healthcare
Other End-user Verticals
Geography
North America
Europe
Asia-Pacific
Rest of the World
Nano Radiation Sensors Market – Growth, Trends, and Forecast (2019 – 2024)
| Electronics | Published by: Mordor Intelligence | Market: |
| 100 pages | Published: 17-06-2019 |
- Electronics
- Mordor Intelligence
- 100 pages
- Published: 17-06-2019
Market Overview
The global nano radiation sensors market was USD 224.73 million in 2018 and is expected to record a CAGR of over 6.72%, during the forecast period (2019-2024) and is likely to reach a market value of USD 334 million by 2024. The growth of nanotechnology-based sensors and detectors has been buoyed by the trend of miniaturization, which led to the well-established field of nanotechnology. Electronic, optical, and mechanical nanotechnologies have all profited from the smaller, smarter, and less costly sensors that resulted from work with ICs, fiber optics, other micro-optics, and MEMS (microelectromechanical systems).
The promise of miniaturization constituted the beginning of the field of nanotechnology. This trend has proliferated across the manufacturing of ever-smaller mechanical, optical, medical, and electronic products and devices.
Manufacturing of nanosensors is application specific, due to which there are multiple challenges associated with it.
Further, the availability of advanced instruments, such as automated reader instruments, electronic radiation measuring instruments, alarm badges, and thermoluminescent dosimeters (TLD), is increasing the range of applications for the detection and monitoring devices. Technological developments in the segment have resulted in the development of more accurate detectors and monitors, and have led to the introduction of portable, durable, and economical devices, augmenting the growth of the market studied.
The future of the market is buoyed by the increasing number of startups investing in this field as well as massive R&D investments, initiatives taken by the government by funding for new nanotechnology device discovery, growing demand for radiological medical applications, and increasing investments for homeland security. They offer good quantum efficiency and can determine the energy of incident radiation as well as the intensity. Such kind of scintillation counter can mainly operate in air or vacuum.
Scope of the Report
Carbon nanotube-based sensors are particularly suitable and promising for chemical and radiation detection because the technology can be used to fabricate gas or liquid chemical sensors that have extremely low power requirements and are versatile and ultra-miniature in size, with added cost benefits.
Key Market Trends
Consumer Electronics End User to Account for Largest Share
End-users across nations are increasingly demanding high-performance devices with reliable and highly portable computing platforms. Connectivity over wireless networks such as Wi-Fi, 3G, 4G, and Bluetooth to facilitate easy data exchange and transfer has been increasing rapidly.
This has led to wireless computing devices, such as tablets, smartphones, wearables, and sensors, flooding the market. Wireless computing devices require a high level of integration, which, in turn, is propelling the development of a number of new designs to support multiple applications on a single platform. In such a market scenario, the need for innovative, low-cost testing solutions can facilitate cost efficiencies and ensure quick market entry of the product.
Regional factors have impacted production facility investments. For instance, America’s tariffs on goods made in China influenced semiconductor companies (SK Hynix,, and Mitsubishi Electric), to move their production back to Asia, thus making Asia, a potential market for nanosensors.
United States to Account for Significant Share
The United States is the largest market for nano radiation sensors in the global market. The country has a high demand from almost all the end-user segments alike, which is one of the major driving factors for the increasing demand from the country. However, the major contributors to the demand include healthcare, automotive and industrial, aerospace and defense, and power generation sectors.
The healthcare sector in the country is one of the major sources of demand for nano radiation sensors. Immense research and clinical trial activity in the country always keeps the demand from this sector high. In fact, according to the Pharmaceutical Research and Manufacturers of America (PhRMA), pharmaceutical companies in the United States spent a record USD 71.4 billion on research and development activities in 2017 (over 26%, spent on Phase I, II, and III clinical trials, by each company involved in clinical trials).
Also, the United States comprises the most significant market for advanced defense equipment and services in the world. According to the General Aviation Manufacturers Association (GAMA), as of 2017, the country produced more than 1596 general aviation airplanes (do not involve military aircraft).
Further, the United States is the world’s largest producer of nuclear energy with 98 operating nuclear power reactors as of October 2018. It is estimated that the country accounts for approximately 30% of global nuclear power generation capacity. In fact, as of 2017, the nuclear power generation segment was responsible for 20% of the total electricity output.
Over the forecast period, such initiatives are expected to open new market opportunities to the nano radiation sensors in the power generation sector.
Competitive Landscape
The major factors governing this force are sustainable competitive advantage through innovation, levels of market penetration, levels of advertising expense power of competitive strategy, and firm concentration ratio. Currently, nano radiation sensors have limited market penetration, which presents a huge market opportunity for the existing players, as well as the outsiders who are willing to enter the market space.
However, the existing market players have the advantage of a considerable head start over the new entrants in the market. With great prospects, growing investments, and supportive government initiatives, the competition among the existing players is likely to become high.
Some of the major players in Nano Radiation Sensors Market are Robert Bosch, Honeywell, GE. Some of the key developments in Nano Radiation Sensors Market are as follows:
Analog Devices Inc. announced a new sensor interface IC, which enables the next generation of intelligent electrochemical sensors. The new ADuCM355 combines the high-performance, ultra-low power, small-form-factor, and the advanced feature set is needed to enable the next generation portable gas detectors.
Thermo Fisher Scientific and Symphogen, a clinical-stage antibody oncology-focused company, entered into a two-year collaborative partnership to deliver validated, platform workflows for simplified characterization and quality monitoring of complex therapeutic proteins.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Growing Trend of Miniaturization Across Various Industries
4.3.2 Advancements in Nanotechnology Supported by Government Regulations
4.4 Market Restraints
4.4.1 Complexity in Manufacturing and Potential Risks Involved in Adopting Radiation Nanosensors
4.5 Value Chain Analysis
4.6 Industry Attractiveness Porters Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Scintillation Detectors
5.1.2 Solid-state Detectors
5.2 By Application
5.2.1 Automotive
5.2.2 Consumer Electronics
5.2.3 Healthcare
5.2.4 Industrial
5.2.5 Oil and Gas
5.2.6 Power Generation
5.2.7 Other Applications
5.3 Geography
5.3.1 North America
5.3.1.1 US
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 UK
5.3.2.3 France
5.3.2.4 Russia
5.3.2.5 Spain
5.3.2.6 Italy
5.3.2.7 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Rest of Asia-Pacific
5.3.4 Latin America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Mexico
5.3.4.4 Rest of Latin America
5.3.5 Middle East and Africa
5.3.5.1 UAE
5.3.5.2 Saudi Arabia
5.3.5.3 South Africa
5.3.5.4 Rest of Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Analog Devices Inc.
6.1.2 Robert Bosch GmbH
6.1.3 Nihon Kessho Kogaku Co. Ltd
6.1.4 Thermo Fisher Scientific Inc.
6.1.5 Baker Hughes (General Electric)
6.1.6 Rae Systems Inc. (Honeywell International Inc.)
6.1.7 First Sensor AG
6.1.8 Hamamatsu Photonics KK
6.1.9 Toshiba Corporation
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Type
Scintillation Detectors
Solid-state Detectors
By Application
Automotive
Consumer Electronics
Healthcare
Industrial
Oil and Gas
Power Generation
Other Applications
Geography
North America
US
Canada
Europe
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East and Africa
Non Destructive Testing (NDT) in Aerospace & Defense Market – Growth, Trends, and Forecast (2019 – 2024)
| Electronics | Published by: Mordor Intelligence | Market: |
| 100 pages | Published: 17-06-2019 |
- Electronics
- Mordor Intelligence
- 100 pages
- Published: 17-06-2019
Market Overview
The Non-destructive Testing Market was valued at USD 2340 million in 2018 and is expected to register a CAGR of 10.3% during the forecast period (2019-2024), to reach USD 4250 million by 2024. The major drivers for growth in the NDT market include increasing investments in the aerospace & defense sector, increasing the complexity of machines and structures that need continual evaluation for maintaining structural integrity, and government safety regulations mandating the use of NDT techniques for gaining clearances.
The global aerospace and defense (A&D) industry is set to grow in 2018, with total revenues in the aerospace sector estimated to grow at more than 3%. The global A&D industry revenue in the past was largely impacted by decreased revenues in the United States (US) Aerospace & Defense sector.
Over the last few years, there has been an incremental rise in the demand for skilled NDT technicians across the world. However, the demand currently outweighs supply, due to a plethora of reasons.
There are several opportunities for growth, such as large-scale aerospace projects in the Asia-Pacific and European regions and the increasing need for advanced and automated NDT solutions, which are expected to contribute to the growth of the market studied in the future.
Scope of the Report
Nondestructive testing is a wide group of analysis techniques used in science and technology industry to evaluate the properties of a material, component or system without causing damage.
Key Market Trends
Radiography Testing Technology to Account for the Largest Share
Radiography is one of the versatile testing methods in nondestructive testing, which is used for the detection of surface and subsurface features in welded parts and castings. Radiography employs highly penetrating X-rays produced by X-ray tube, gamma rays by a radioactive isotope, and other forms of radiation for testing without causing any damage to the product.
It enables product reliability, providing the information to prevent accidents and saves lives in industries. It is also used for corrosion mapping, detection of blockages inside sealed equipment, testing of semiconductor devices for cracks, broken wires, unsoldered connections, detection of reinforcing the material in concrete slabs and measuring bulk density of materials.
The use of computed radiography in the aerospace & defense industry provides significant cost savings when compared to other testing methods as it eliminates the external costs. As economic justification is a major criterion for any testing method, the radiography testing range in size from microminiature electronic parts to massive missile components used in the aerospace & defense industry.
Europe to Account for Significant Share
The European aerospace and defense industry is mainly dominated by the United Kingdom, France, Germany, and Italy, while Russia is also a large player in the international market landscape.
In 2016, the UK aerospace production output is observed to be grown by 39% since 2011, with annual turnover reaching nearly USD 43 billion.
Exports generate nearly 90% of aerospace turnover. The sector achieved exports of nearly USD 37.41 billion in 2016 and looked for success in overseas markets to drive further growth, and there are few uncertainties are expected with the exit from the European Union.
The United Kingdom is investing money in new Joint Force 2025, comprising of a Land Force of 112,000 equipped with digital armored vehicles, an Air Group upgraded with more Typhoons and fifth generation F35s; and a Maritime Task Group made up of destroyers, frigates, and two mighty carriers – claimed to be the most powerful ships ever built in Britain.
France and its manufacturers are driving a significant number of hi-tech projects, including the forthcoming nEUROn European military drone, Airbus’s E-Fan ˗˗ the first all-electric aircraft designed for initial pilot training, and the LEAP engine made from composite materials manufactured by Safran Aircraft Engines and GE, which have already received large numbers of orders.
German companies were involved in the production of all of those aircraft. Around 300 aircraft were finished in Germany – this is equivalent to 17% of the total number of international aircraft production.
The activities of Russian civil aviation at the present stage are conditioned by factors such as unstable post-crisis stabilization of the country’s economy, continuing uncertainty in the development of international transport markets, both on regular and charter (primarily resort) routes.
Also, with the defense industry being highly uncertain of the coming years, the overall consumption of NDT in the country is expected to slow down over the coming years.
Competitive Landscape
The competitive rivalry between various firms within the market is dependent on the competition (price, product or market share), and the intensity with which they compete in the market.
In the NDT equipment market, incumbents such as GE, YXLON International, and Olympus hold the largest market shares. They have a strong influence on the market in terms of their R&D and consolidation activities.
The exit barriers in this market are due to the high costs involved in operations. Firm concentration ratio has been forecasted to grow steadily over the reporting period•However, these firms have greater access to funds and R&D operations.
As stated earlier, there has been a growing trend of forwarding the integration of operations by market players in a bid to capture more value within the market. Some of the key players in Non-Destructive Testing (NDT) in Aerospace & Defense Market are Olympus, Nikon, GE.
Some of the key developments in Non-Destructive Testing (NDT) in Aerospace & Defense Market are as follows:
Mistras Group acquired Semiray Inspection Services, which is an NDT service provider based out of Phoenix, Arizona. Semiray operates in the aerospace, military, electronics, and commercial manufacturing industries. The company is NADCAP-accredited and holds approvals from various aerospace manufacturers, like Boeing, General Electric, Honeywell, Lockheed Martin, etc. The acquisition strengthens MISTRAS’ presence in the southwestern United States.
The company boosted the production capacity for interchangeable lenses in response to a growing demand for mirrorless digital cameras equipment, especially in the Non-Destructive Testing Market. The company is expected to approve additional production facilities that will be set up at the Taiwan.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increasing Investments in Aerospace & Defense
4.3.2 Increasing Complexity of Machine and Infrastructure
4.4 Market Restraints
4.4.1 Lack Of Technical Workforce
4.4.2 Relative Lack of Awareness
4.5 Value Chain Analysis
4.6 Industry Attractiveness Porters Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Service
5.1.2 Equipment
5.2 By Technology
5.2.1 Radiography Testing
5.2.2 Ultrasonic Testing
5.2.3 Magnetic Particle Testing and Electromagnetic Testing
5.2.4 Liquid Penetrant Testing
5.2.5 Visual Inspection
5.2.6 Eddy Current
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia Pacific
5.3.4 Latin America
5.3.5 Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Mistras Group
6.1.2 Fujifilm NDT Systems
6.1.3 GE Measurement and Control
6.1.4 NikonMetrology Inc.
6.1.5 Magnaflux Corporation
6.1.6 Olympus Corporation
6.1.7 SGS Group
6.1.8 Intertek Group PLC
6.1.9 Applus Services, S.A.
6.1.10 Yxlon International GmbH
6.1.11 Team, Inc.
6.1.12 Tüv Rheinland Ag
6.1.13 Gould-Bass Co.
6.1.14 FLIR Systems, Inc.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Type
Service
Equipment
By Technology
Radiography Testing
Ultrasonic Testing
Magnetic Particle Testing and Electromagnetic Testing
Liquid Penetrant Testing
Visual Inspection
Eddy Current
Geography
North America
Europe
Asia Pacific
Latin America
Middle East and Africa