List of Categories
- Aerospace & Defense
- Agriculture
- Animal Nutrition & Wellness
- Automation
- Automotive
- Chemical & Materials
- Consumer Goods and Services
- Electronics
- Energy & Mining
- Financial Services & Investment Intelligence
- Food & Beverage
- Healthcare
- Heavy Industry
- Home & Property Improvement
- Information & Communications Technology
- Investment Opportunities
- Manufacturing
- NEO
- Others
- Packaging
- Retail
- Technology & Media
- Transportation & Logistics
Sorted by Name
Publishers
Categories
Countries
Non-Destructive Testing (NDT) 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 non-destructive testing (NDT) market was valued at USD 15.67 billion in 2018 and is expected to reach a value of USD 23.1 billion by 2024, at a CAGR of 6.7% during the forecast period (2019 – 2024). Most of the non-destructive testing market is dependent on the oil and gas and aerospace sector. The NDT market has been affected severely by the recent fluctuations in crude oil prices, which is rendering loss to most players in the market.
Several governmental agencies and regional bodies, like the American Society of Mechanical Engineers (ASME) and the International Organization for Standardization (ISO), have been instituted across the world to take stringent measures for assuring the safety of instruments and overseeing of engineering services testing. This is important for gaining clearances and certificates from concerned authorities.
Over the past 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.
NDT inspection companies have come under severe pressure, due to the supply/demand anomalies regarding the availability of certified professionals. Although many certifying organizations and training institutes have emerged in the recent times, NDT stands to be less attractive as a career in many Asian countries.
Scope of the Report
Nondestructive testing (NDT) is the process of inspecting, testing, or evaluating materials, components, or assemblies for discontinuities or differences in characteristics without destroying the serviceability of the part or system. In other words, when the inspection or test is completed, the part can still be used.
In contrast to NDT, other tests are destructive in nature and are therefore done on a limited number of samples, rather than on the materials, components, or assemblies actually being put into service.
These destructive tests are often used to determine the physical properties of materials, such as impact resistance, ductility, yield and ultimate tensile strength, fracture toughness, and fatigue strength; but discontinuities and differences in material characteristics are more effectively found by NDT.
Key Market Trends
Power and Energy sector expected to hold Significant Share
The main scope of NDT applications in the energy and power industry is to help ensure the safety, integrity, and reliability of plant equipment, such as pressure vessels, boilers, heat exchangers, pipework, and pipelines. The inspection of concrete structures is a part of plant life assessment, as these materials often form an essential part of the construction of such plant equipment.
During the next four years, more than 67 nuclear reactors in the world are estimated to reach an age over 40 years, and over 66 reactors to reach more than three decades of operational period.
Various regulations make it mandatory for such power plants to undergo a life assessment procedure as a safety measure. Regular inspection is required to check for any damage in the equipment and take necessary countermeasures to control them. This situation is expected to create increased opportunity for NDT equipment in the nuclear power sector.
In the Middle East & Africa, power plants under construction, such as nuclear plants in the United Arab Emirates, coal-based plants in Africa, and replacement of older oil-based power plants by newer ones in Qatar and Saudi Arabia, are expected to drive the demand during the forecast period.
United States to account for a Significant Share
The United States has a mature non-destructive testing (NDT) market. The country’s highly active oil and gas and aerospace industries are the major sources of demand for the non-destructive testing equipment and services in the country.
With the United States Department of the Interior (DoI) planning to allow offshore exploratory drilling in about 90% of the Outer Continental Shelf (OCS) acreage, under the National Outer Continental Shelf Oil and Gas Leasing Program (National OCS Program), the oil and gas sector in the country is expected to open up new opportunities to the market.
Further, as the oil and gas industry output of the United States increases, the International Energy Agency predicts that the United States will add about 3.7 million barrels per day (mb/d) between now and 2023, with more than 70% of the new supply coming from the Permian and the Eagle Ford.
According to the International Energy Agency (IEA), as of December 2017, there were only about 160,000 bpd of available space on the region’s pipeline network, which hardly accommodates about 4% of Texas’ output. As result, many pipeline projects were being taken up in the country in the past two years, to accommodate the impact of increasing oil and gas output.
Competitive Landscape
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 the market studied, for both service providers and equipment manufacturers, are due to the high costs involved in operations. Firm concentration ratio has been estimated to grow steadily over the reporting period.
Olympus introduced major new products in medical, scientific solutions, and imaging businesses to fuel business growth. Also enhanced network of endoscope training centers, centered on emerging countries (Thailand for Southeast Asia, Dubai for the Near and Middle East) is expected to lay the groundwork for sustainable growth in the future.
Some of the recent developments include:
GE announced important updates to the popular, field-proven XL series of industrial video borescopes. The newest update to this popular model includes an improved light output for enhanced image quality, stereo measurement, 4GB of internal memory, video output, and multiple USB ports.
YXLON International GmbH (Comet Holdings AG) announced that it has completed installation of its latest technology systems in two inspection services facilities in North America, which are open for customer trials and outsourced inspection contracting.
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 Stringent Regulations Mandating Safety Standards
4.3.2 Increasing Investments in Aerospace and Defense
4.4 Market Restraints
4.4.1 Lack of Skilled Workforce and Training Regulations
4.5 Value Chain Analysis
4.6 Industry Attractiveness Porter’s Five Forces 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 Equipment
5.1.2 Services
5.2 By Testing Technology
5.2.1 Radiography
5.2.2 Ultrasonic
5.2.3 Magnetic Particle
5.2.4 Liquid Penetrant
5.2.5 Visual Inspection
5.2.6 Eddy Current
5.2.7 Other Testing Technologies
5.3 By End User
5.3.1 Oil and Gas
5.3.2 Aerospace and Defense
5.3.3 Automotive and Transportation
5.3.4 Power and Energy
5.3.5 Construction
5.3.6 Other End Users
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Spain
5.4.2.5 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 South Korea
5.4.3.5 Rest of Asia-Pacific
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Mexico
5.4.4.4 Columbia
5.4.4.5 Rest of South America
5.4.5 Middle East & Africa
5.4.5.1 United Arab Emirates
5.4.5.2 Saudi Arabia
5.4.5.3 South Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Olympus Corporation
6.1.2 GE Measurement and Control
6.1.3 YXLON International GmbH (Comet Holdings AG)
6.1.4 Team, Inc.
6.1.5 Applus Services SA
6.1.6 Mistras Group, Inc.
6.1.7 SGS Group
6.1.8 Fujifilm Corporation
6.1.9 Bureau Veritas S.A.
6.1.10 Nikon Metrology NV
6.1.11 Intertek Group PLC.
6.1.12 Acuren Inspection, Inc.
6.1.13 TUV Rheinland AG
6.1.14 Magnaflux Corporation
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Type
Equipment
Services
By Testing Technology
Radiography
Ultrasonic
Magnetic Particle
Liquid Penetrant
Visual Inspection
Eddy Current
Other Testing Technologies
By End User
Oil and Gas
Aerospace and Defense
Automotive and Transportation
Power and Energy
Construction
Other End Users
Geography
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
South America
Brazil
Argentina
Mexico
Columbia
Rest of South America
Middle East & Africa
United Arab Emirates
Saudi Arabia
South Africa
North America Dashboard Camera Market – Growth, Trends, and Forecasts (2019 – 2024)
| Electronics | Published by: Mordor Intelligence | Market: |
| 95 pages | Published: 13-06-2019 |
- Electronics
- Mordor Intelligence
- 95 pages
- Published: 13-06-2019
Market Overview
The North America Dashboard Camera Market is expected to register a CAGR of over 15.41% during the forecast period 2019 – 2024. The market studied has expanded rapidly over the last few years, due to a considerable rise in the number of accidents and thefts, which have led to government mandating the installation of dashcams. Driving assistance systems have gained popularity recently, owing to the drastic rise in the number of accidental fatalities that have been reported in the last decade. The demand for better assistance systems to categorically judge imminent dangers, and guide drivers, has emerged as viable product in the automotive sector.
There is a drastic increase in automobiles sales, worldwide. As more and more users are growing conscious about safety, dash cam installations are expected to witness an all-time high, over the forecast period.Many car manufacturers are providing built-in dash cams in their cars, to fulfill customers’ requirements for road safety. For instance, automobile manufacturer Citroen, has launched its first car to be sold in Australia, with a factory-fitted dash cam. It is integrated into the rearview mirror and records footage continuously, unless the driver switches it off.
There is a significant demand for driver assistance features in cars, which would help the drivers in navigation. Safety-conscious drivers also need smart dash cams that are innovative and have a better quality. Dash cams are also incorporating the ADAS functionality that takes driver safety to the next level, with its safety features, such as lane departure warnings, detection of front car movement, forward collision warnings, etc.
The rising number of automobile sales and increasing number of safety-conscious drivers are expected to increase the demand for dashboard cameras in cars, thus leading to its growth.
The problems of legality issues of dash cams are related to – obstructing the view through windshield and using electronic surveillance. Besides, these issues are dealt differently from one country to the other country, and can also differ within the jurisdictions of the same country.
There are privacy obligations for dash cam users, which have to be fulfilled. If people operate shared vehicles, they must inform the other person that a dash cam has been installed. This also holds true for those operating in the taxi industry. Minicab drivers, coach drivers, etc., who choose to use a dash cam, must inform every passenger who enters their vehicle that a dash cam is in use.
Scope of the Report
Dashboard Cameras are onboard cameras that continuously record the view through a vehicle’s front windscreen and sometimes rear or other windows. The important benefits of vehicle dash cameras are its accident recording capabilities. It helps to capture vehicle collations on video which ensures that there is always a witness around. Besides, many people have used accident footage to prove that they were not wrong. Dashcams are also placed on truck’ dashboard which help to record front facing videos. Besides, advanced dash cams can record rear views and some are equipped with specialized sensors to support more effective nigh time recordings.
Key Market Trends
Single-channel is expected to register a Significant Growth
The dashboard cameras are available in every conceivable configuration, ranging from a single lens to multiple lenses that allow simultaneous front and rear recording. The demand for single channel dashboard cameras is growing rapidly, due to the rising demand for dashboard cameras among motorists, owing to its usefulness in filing insurance claims, procurement of evidence for civil and criminal lawsuits, and other safety concerns.
Voxx International, one of the players, showcased its new 360Fly single lens 360° action camera. The ability of this system to provide mobility without a processor can be further extended to automotive applications, to obtain better-processed images. Further, the usage of wide-angle lenses in automotive camera modules is witnessing increasing adoption, due to a wide field-coverage and enhanced picture quality.
OEMs are exploring safety solutions that capture blind spots on the road. Thus, this technology is being adopted rapidly, on a large-scale. Single-channel dashboard cameras are relatively cheaper in comparison to the dual-channel dash cams, which further plays a vital role in influencing the consumers’ purchasing opinion.
Basic Technology is Expected to Hold Major Share
Basic dashboard cameras are affordable (ranging from USD 20 to USD 100) and usually have limited features, compared to other dashboard cameras. This segment has witnessed rapid adoption of full HD dashboard cameras, which are fast replacing SD dashboard cameras. Basic dashboard cameras are in-vehicle cameras with built-in or removable storage media, which continually record driving, with no additional feature. Dashboard cameras are being installed with the intention of gathering evidence, in the event of a road traffic accident.
Major taxi service provider companies install dash cams in their taxis, to film the passenger area, for example, to increase taxi drivers’ safety or to combat theft and vandalism. The basic dashcams are in-car cameras with built-in/removable storage media that constantly record driving, with no additional feature. In addition to basic practices of dash cams, advanced cameras offer much smarter features, such as audio recording, GPS logging, speed sensors, accelerometers, and uninterrupted power supply.
Also, benefiting from the trend of these dashboard cameras, a group of startups in the United States have developed an innovative business model, wherein they offer monetary rewards to drivers for installing dashboard cameras in their vehicles. The aim is to collect dash cam, recorded data, and ultimately aid technology companies in building maps for self-driving cars. As a result, an increasing number of ride-hailing service providers across North America, such as Lyft and Uber, have begun deploying in-car DVRs to record their rides.
Competitive Landscape
The North America Dashboard Camera 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 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.
The companies operating in the market are also acquiring start-ups working on North America Dashboard Camera technologies to strengthen their product capabilities. In October 2017, Garmin acquired Navionics SpA, a provider of electronic navigational charts and mobile applications for the marine industry. Through this acquisition, the company aims to offer the best available breadth and depth coverage to it’s marine customers.
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 Increase In Automobile Sales
4.3.2 Favorable Dashboard Camera Installation Mandates
4.3.3 Increase In The Number Of Road Accidents And Thefts
4.4 Market Restraints
4.4.1 Laws Restricting The Use Of Dash Cams In Some Areas
4.4.2 Reliability And Privacy Issues
4.5 Value Chain / Supply 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 Technology
5.1.1 Basic
5.1.2 Smart
5.2 By Product
5.2.1 Single-channel
5.2.2 Dual-channel
5.2.3 Rear-view
5.3 Geography
5.3.1 North America
5.3.1.1 US
5.3.1.2 Canada
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Garmin Ltd
6.1.2 LG Electronics
6.1.3 Panasonic Corporation
6.1.4 Harman International Industries Inc
6.1.5 Transcend Information Inc.
6.1.6 Pittasoft Co. Ltd (BlackVue)
6.1.7 YI Technology
6.1.8 Papago Inc.
6.1.9 Mondo Systems Inc.
6.1.10 Steelmate Co. Ltd
6.1.11 Waylens Inc.
6.1.12 Rand McNally
6.1.13 Cobra Electronics Corporation.
6.1.14 HP Inc.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Technology
Basic
Smart
By Product
Single-channel
Dual-channel
Rear-view
Geography
North America
US
Canada
Optical Switches Market – Growth, Trends and Forecast (2019 – 2024)
| Electronics | Published by: Mordor Intelligence | Market: |
| 100 pages | Published: 14-06-2019 |
- Electronics
- Mordor Intelligence
- 100 pages
- Published: 14-06-2019
Market Overview
The Optical Switches Market is expected to register a CAGR of over 13.41% during the forecast period 2019 – 2024. The growing proliferation of cloud across all aspects of businesses in a diverse range of end-user industries is creating a robust demand for data center operations, as companies are increasingly investing to gain prominence in a highly contested and populated market space. Further, as major cloud content providers build out ever-larger data center facilities, the bandwidth limitations of conventional data center architectures become more apparent, throttling aggregate performance and efficiency.
The demand for cloud services, virtualization, and edge computing is augmenting the growth of the data center market. This has led to an overflowing influx of traffic within the data centers, thus pushing operated to find improved means to interconnect rising numbers of servers and move larger amounts of data between them. Server interconnection scalability within the data center is becoming a bottleneck, and inefficient data flow scaling constrains data center growth. Operational inefficiencies caused due to product breakages are reducing server utilization and wasting critical space, powering, and cooling resources.
Traditional data center, such as Optical-to-electrical-to-optical (OEO) switches and Ethernet routers have limited scalability and cannot keep up with growing intra-data center traffic bandwidth demands. Further, the logistics of deploying and managing miles of optical fiber required is not considered feasible.
While there are many ongoing as well as planned optical fibre network investments for various end-user applications, it is critical to consider the budget for a new fibre cable project. While most managers focus on the unit price of the materials involved, there is a greater need to select materials to achieve the best TCO for the customer.
The deployment of the fibre cable network deems itself as an expensive task. Further, maintenance of the network equipment and cables is also extremely necessary to ensure perfect system delivery. Fans and blowers are used to ensure an efficient cooling mechanism, which is vital to the fiber cable’s performance.
This necessitates a rigorous maintenance program. It also adds to the overall costs that come with the fiber optic technology. Due to these factors, telecom operators may hesitate to make such huge investments unless completely sure on the ROI, this may hinder the market growth.
Scope of the Report
Optical switches used in fiber optic transmission systems contributes to the development of the optical network. The main function of optical switching is to enable routing of optical data signals without the need for conversion to electrical signals and, consequently, is independent of data rate and data protocol. The transfer of the switching function from electronics to optics will offer a reduction in the network equipment, an increase in the switching speed, and a decrease in the operating power.
Key Market Trends
Optical Switching is expected to register a Significant Growth
The segment comprises of various applications of all-optical switches. Technological advancements in the all-optical switch, coupled Software Defined Network (SDN) paradigms, create compelling solutions to bring the fiber layer under software control. In addition to this, the adoption of all-optical switching in data centers facilitates both traffic provisioning and protection switching between the external network and the peering arbitrator. Moreover, in all-optical switching, any optical connection can be remotely monitored and tested and can be configured to switch automatically based on reduction, or loss, of the optical signal.
Furthermore, the incorporation of all-optical switching to C-RAN architectures allows the sharing of centralized monitoring and test equipment across multiple optical fiber front haul links interconnecting RRHs and BBUs.In 2017, China Telecom built a WDM ASON backbone network at 21 nodes throughout Jiangsu, Shanghai, Zhejiang, Hubei, Anhui, and Jiangxi. Through this project, the company deployed the first all-optical network 2.0 backbone network in the country.
The project witnessed the transformation from electric switching nodes to all-optical switching nodes. In addition, 21 ROADMs were deployed to create intelligent optical nodes, which will eventually become the optical cross-connect (OXC). Thus, potential such investments in other countries are expected to drive the demand for all-optical switches.
North America is Expected to Hold Major Share
The global roll out of 5G commercial services is expected to commence during 2019-2020. To support the accelerated build out of 5G in the United States, Ericsson predicts that 5G subscriptions are expected to reach the 150 million user mark, accounting for 48% of all mobile subscriptions in North America by the end of 2023.
Unlocking the full potential of 5G in the United States depends on the extension of fiber deep into the network. Despite the demand and potential economic benefits of fiber deployment, the United States currently lacks the fiber density in access networks to make the bandwidth advancements that are necessary to improve the pace of innovation and economic growth.
At the same time, an analysis based on the Deloitte Consulting LLP estimates that, the United States requires between USD 130 and USD 150 billion over the next 5-7 years to adequately support broadband competition, rural coverage, and wireless densification.
The aforementioned factors are expected to support and drive the demand for optical fiber-based broadband services, which in return aid the market growth significantly.Ericsson increased investment in 5G, AI, and automation in the United States, seeing the strategic opportunity in the market.
Competitive Landscape
The Optical Switches 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 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.
The companies operating in the market are also acquiring start-ups working on Optical Switches technologies to strengthen their product capabilities. In June 2018, Hewlett Packard Enterprise and Deutsche Telekom AG implemented the world’s first proof-of-concept network data layer (NDL), which integrates various virtual network functions (VNFs) of different vendors, in a cloud infrastructure.
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 High Cost of Maintenance and Equipment for Deploying the Optical Network
4.3.2 Increasing Internet Penetration and Data Traffic of Mobile Devices
4.4 Market Restraints
4.4.1 Resistance in Variation of Existing Applications or Systems
4.4.2 Complexity Issues
4.5 Value Chain / Supply 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
4.7 Technology Snapshot
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 All Optical Switch (OOO)
5.1.2 Electro Optical Switch (OEO)
5.2 By Application
5.2.1 Optical Switching
5.2.2 Fiber Restoration and Optic Component Testing
5.2.3 Optical Add – Drop Multiplexing
5.2.4 Network Monitoring
5.2.5 Optical Cross – Connects (OXC)
5.2.6 Others (External Modulators)
5.3 By Technology
5.3.1 Mechanical Optical Switch
5.3.2 Micro Electronics Mechanical Switch (MEMS)
5.3.3 Liquid Crystal Optical Switch
5.3.4 Bubble Switch
5.3.5 Thermal Optical Switch
5.3.6 Semiconductor Optical Amplifiers Switch
5.3.7 Other Technologies
5.4 Geography
5.4.1 North America
5.4.1.1 US
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 UK
5.4.2.3 France
5.4.2.4 Russia
5.4.2.5 Italy
5.4.2.6 Rest of Europe
5.4.3 Asia Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 South Korea
5.4.3.5 Australia
5.4.3.6 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Mexico
5.4.4.4 Rest of Latin America
5.4.5 Middle East and Africa
5.4.5.1 UAE
5.4.5.2 Saudi Arabia
5.4.5.3 Israel
5.4.5.4 Rest of Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Keysight Technologies Inc.
6.1.2 Hewlett Packard Enterprise Co
6.1.3 Fujitsu Ltd
6.1.4 ZTE Corporation
6.1.5 Yokogawa Electric Corporation
6.1.6 Nokia Corporation
6.1.7 Cisco Systems Inc.
6.1.8 Huawei Technologies Co Ltd
6.1.9 Ciena Corporation
6.1.10 Infinera Corporation
6.1.11 ADVA Optical Networking SE
6.1.12 Coriant GmbH
6.1.13 Keysight Technologies Inc
6.1.14 Juniper Networks Inc
6.1.15 Ericsson Inc
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Type
All Optical Switch (OOO)
Electro Optical Switch (OEO)
By Application
Optical Switching
Fiber Restoration and Optic Component Testing
Optical Add – Drop Multiplexing
Network Monitoring
Optical Cross – Connects (OXC)
Others (External Modulators)
By Technology
Mechanical Optical Switch
Micro Electronics Mechanical Switch (MEMS)
Liquid Crystal Optical Switch
Bubble Switch
Thermal Optical Switch
Semiconductor Optical Amplifiers Switch
Other Technologies
Geography
North America
US
Canada
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
UAE
Saudi Arabia
Israel
Rest of Middle East and Africa
Particle Size Analysis 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 particle size analysis market was valued at USD 325.6 million in 2018, and is expected to reach USD 437 million by 2024, at a CAGR of 5.1%, over the forecast period (2019-2024). Immense support from government organizations to strengthen their domestic pharmaceutical markets is expected to boost the demand form this sector. For example, China is planning to establish several data centers exclusively to serve the medical research proposes, facilitating the exchange of precious clinical trial data over the public domain.
Nanomaterials are finding major applications across various industries. Initially, they found major applications in the healthcare, cosmetics, and manufacturing industries. However, increasing advancements in nanotechnology are creating opportunities for nanoparticles in other industries as well.
Although particle size analysis equipment for legacy procedures, like sedimentation and sieving, is considerably low, the modern portable and compact equipment are often costly. Especially the probe equipment used in in-line techniques, which are in high demand in the industrial sector, are both costly for initial purchase and also to maintain.
Particle size analysis plays a key role in the manufacturing of carbon fiber components. Single wall carbon nanotubes are often subjected to dynamic light scattering (DLS) technology to assess if the required strength of the material could be drawn from a batch of carbon nanotubes.
Scope of the Report
Particle size analysis, particle size measurement, or simply particle sizing is the collective name of the technical procedures or laboratory techniques that determine the size range, and/or the average, or mean size of the particles in a powder or liquid sample. Particle size analysis is part of particle science and its determination is carried out generally in particle technology laboratories.
Key Market Trends
Laser Diffraction Technology to Hold Significant Share
Laser diffraction is one of the most prominent particle size analysis techniques that works on particles ranging from 10nm to 3,500 microns. Laser diffraction provides a result for the whole sample, rather than for individual particles. Immense demand for quality control in several manufacturing activities and increasing research activities are expected to drive the demand for laser diffraction equipment.
Laser diffraction measures particle size by measuring the angular variation in the intensity of light scattered by the sample (Mie theory of light scattering) assuming a volume equivalent sphere model. When exposed to the laser beam, if the sample has large particles, it scatters light at small angles, and vice versa in the case of smaller particles.
Laser diffraction also suffers a fair deal of drawbacks. The analysis needs a high degree of metadata and extensive preparation. If the sample under test is a wet sample, the dispersion unit has to use a liquid dispersant to disperse the sample, in order to subject it to the laser beam.
Further, increasing software applications that are providing required metadata on optical properties of samples and instruments based on the Fraunhofer approximation approach are expected to create huge opportunities to the laser diffraction technology over the forecast period.
Europe Region to Hold Significant Share
The European particle size analysis market is estimated to grow at a healthy rate over the forecast period. Significant factors supporting the growth are increasing investments in research and innovation centers and rising government programs and policies, which are motivating market vendors to invest in advancements in analyzing methods.
The high rate of development of new analyzing methods, equipment, and protocols in the region is boosting the European healthcare and chemical industries to increase advancements in particle size analysis methods.
The increasing government expenditure in the pharmaceutical industry to innovate cost-effective drugs is further estimated to develop a market for nanoparticle tracking analysis in the region.
Competitive Landscape
Being established in the market for a long time, the incumbents have great control over the existing distribution channels. The only place where the new entrants can compete with the giants is through the online retail market. Hence, new entrants often employ intense internet marketing for brand penetration.
Also, most of the manufacturing equipment used in the market are highly customized to derive adequate accuracy in the products that are needed for scientific procedures. Such installations often prove to be very costly, and at times, act as barriers to entry in the market studied.
Some key players include Malvern Panalytical Ltd and Horiba Ltd. Some key developments in the market are as follows:
Malvern Panalytical Ltd launched the Morphologi range of automated static imaging systems for particle characterization from Malvern Panalytical Morphology 4 and Morphologi 4-ID. It delivers substantial improvements in measurement speed, image definition, and the range of materials that can be successfully analyzed.
Agilent Technologies Inc. expanded SureGuide pooled CRISPR libraries for functional genomics, offering pooled libraries for CRISPR activation and interference, in order to accelerate disease research.
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 Demand for Data Centers Driven by Cloud and HPC Applications among Others
4.3.2 Demand for High-performance and Low-Power Dram in Mobile Devices
4.4 Market Restraints
4.4.1 Storage Class Memory to Overcome the High Costs and Less Memory of Dram
4.5 Value Chain Analysis
4.6 Industry Attractiveness – Porters Five Forces 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 Technology
5.1.1 Taylor Dispersion Analysis
5.1.2 Dynamic Light Scattering
5.1.3 Nanoparticle Tracking Analysis
5.1.4 Resonant Mass Measurement
5.1.5 Laser Diffraction
5.1.6 Other Technologies
5.2 By Dispersion Type
5.2.1 Wet Particle
5.2.2 Dry Particle
5.2.3 Spray Particle
5.3 By End User
5.3.1 Chemicals
5.3.2 Food, Beverage, and Nutrition
5.3.3 Mining
5.3.4 Agriculture and Forestry
5.3.5 Pharmaceuticals
5.3.6 Energy
5.3.7 Other End Users
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Latin America
5.4.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Agilent Technologies Inc.
6.1.2 Horiba Ltd.
6.1.3 Malvern Panalytical Ltd.
6.1.4 Beckman Coulter Inc.
6.1.5 Izon Science Limited
6.1.6 Microtrac Inc.
6.1.7 Shimadzu Corporation
6.1.8 Sympatec GmbH
6.1.9 Micromeritics Instruments Corporation
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Technology
Taylor Dispersion Analysis
Dynamic Light Scattering
Nanoparticle Tracking Analysis
Resonant Mass Measurement
Laser Diffraction
Other Technologies
By Dispersion Type
Wet Particle
Dry Particle
Spray Particle
By End User
Chemicals
Food, Beverage, and Nutrition
Mining
Agriculture and Forestry
Pharmaceuticals
Energy
Other End Users
Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
pH Sensors 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 global pH sensors market is expected to register a CAGR of over 11.04% during the forecast period (2019-2024). The upcoming trend in the pH sensors market, which is boosting market growth, is the demand for highly reliable and accurate pH sensors that last for long periods with minimal levels of maintenance.
According to Endress+Hauser, a leading provider of pH sensors in the global market, pH measurements account for over 30% of all quality-relevant measurements in processes. Moreover, an economic survey conducted by the Association of German Chambers of Commerce and Industry (DIHK) indicated that increasing global investments in the process analytics industry are primarily triggered by concrete business developments in the key sales markets.
According to DIHK, the market is expected to witness significant demand, owing to digitalization, as companies are focusing on developing advanced processes and new production methods.
The German Electrical and Electronic Manufacturers’ Association (ZVEI) established that this situation created a positive business environment for the measurement and process automation industry, while augmenting the demand for process analytics instruments, such as pH sensors and analyzers. Furthermore, ZVEI established that the industry witnessed a significant demand in 2017, after two years of weak growth.
Similarly, the market is witnessing immense demand from the water and wastewater treatment industry. Developed countries, such as Germany, the United States, and developing countries, like India, are investing in desalination and purification initiatives. For instance, in November 2018, the Indian government, along with Dholera Industrial City Development (DICDL), developed a water treatment plant in the Ahmedabad district of Gujarat. This facility is expected to have a treatment capacity of 50 mld by the end of 2019.
Moreover, recent reports published by the International Desalination Association (IDA) and Global Water Intelligence (GWI) indicate that the industrial desalination market grew by 21%, especially in contracted capacity, between 2016 to 2017. According to the IDA, increased activity in the oil and gas industry accounted for over one third of the contracted industrial capacity in 2017.
Scope of the Report
PH sensors and analyzers are an integral part of the process analytics industry. Most of the industries that engage in the manufacturing and processing of liquids, ranging from water to complex chemicals, use pH sensors for quality monitoring and automation of several industrial processes.
Key Market Trends
Process Analyzers Type expected to Occupy the Largest Market Share
Process analyzers comprise two types, in-line analyzers and on-line analyzers. The installation of in-line analyzers is a common approach for process monitoring applications that require continuous monitoring, such as water treatment plants, chemical industry, and several biochemical processes, which require immersion installation of the pH measuring instruments.
Companies, like Sensorex and Mettler Toldedo’s, are also offering sensor packages for these types of heavy-duty industrial applications, which deal with contaminated monitoring process applications. For instance, Mettler Toledo also has developed sensors with titanium shaft to suit plants’ tough environments for equipment (such as the chemical and petrochemical industries). The titanium pH sensors, InPro 4281i, and 4881i, are 12 mm pH sensors that can also survive the common everyday knocks in industrial sites and also feature the company’s Intelligent Sensor Management (ISM); thereby, lowering maintenance costs even more.
In the oil and gas industry, there has been a significant increase in investments. As there is a significant increase in crude oil prices, the need for pH sensors is expected to rise rapidly. According to recent statistics from Baker Hughes, after a steep fall in 2016 (owing to low crude oil prices), there has been considerable growth in up-stream activity.
In 2018, the average number of rigs increased by over 9%, globally. With increasing number of oil and gas projects all over the world, especially in the United States and Canada, the demand for pH sensors from oil field service providers is expected to increase rapidly.
Water and Wastewater Application to Occupy the Largest Market Share
The water and wastewater treatment industry is the largest end user for pH sensors and analyzers in the global market. Standard applications, such as chromium wastewater treatment and aquaculture, which heavily depend on accurate pH and ORP measurements to ensure required safety standards are providing continuous demand to the market.
Increasing number of water treatment plants, globally, and concerns regarding water scarcity are fueling the demand for pH sensors from the desalination sector. The pH of water gives important data for controlling the treatment system, for desalination systems. As of 2018, it is estimated that over 7,000 desalination plants are managed by the industrial sector alone, in the global scenario.
Also, when compared to several other end users, the new installations of pH sensors and analyzers are highest in this sector, owing to stringent government regulations on water contamination. There are many new styles, architectures, and housings for pH sensors that are entering the market, owing to the immense demand from the sector.
Similar to the chemical manufacturing industry, the life span of general glass electrodes used in pH analyzer systems is comparatively lower than that of ISFET and rugged variants. Hence, there is a high rate of replacement of several sensor components, which, in turn, is boosting the after sales market.
Competitive Landscape
The pH sensors market is highly competitive and consists of several major players. In terms of market share, a few of the major players currently dominate the market. These major players, with a prominent share in the market, are focusing on expanding their customer bases across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market shares and profitability. The companies operating in the market are also acquiring startups working on pH sensors, in order to strengthen their product capabilities. For instance, in October 2017, Halma PLC acquired Mini-Cam Enterprises Ltd, a prominent manufacturer and distributor of remotely operated camera systems and devices, which are primarily used for inspecting pipelines situated in remote locations. This acquisition enhanced the offerings of its Water Analysis and Treatment segment.
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 Government Regulations
4.3.2 Rising Safety Concerns in Industrial Setups
4.4 Market Restraints
4.4.1 Cost and Absence of Standardization of pH Sensor Devices
4.5 Value Chain Analysis
4.6 Industry Attractiveness- Porter’s Five Forces 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 Benchtop Analyzers
5.1.2 Portable Analyzers
5.1.3 Process Analyzers
5.2 By Application
5.2.1 Water and Wastewater
5.2.2 Medical
5.2.3 Oil and Gas
5.2.4 Food and Beverages
5.2.5 Industrial
5.2.6 Other Applications
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 South America
5.3.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Endress+Hauser AG
6.1.2 Hach Company Inc.
6.1.3 ABB Ltd.
6.1.4 Schneider Electric SE (Foxboro)
6.1.5 Emerson Electric Co.
6.1.6 Honeywell International Inc.
6.1.7 KOBOLD Messring GmbH
6.1.8 Georg Fischer Piping Systems Ltd.
6.1.9 Yokogawa Electric Corporation
6.1.10 Xylem Inc.
6.1.11 Thermo Fisher Scientific Inc.
6.1.12 Halma Plc.
6.1.13 Mettler-Toledo International Inc.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Type
Benchtop Analyzers
Portable Analyzers
Process Analyzers
By Application
Water and Wastewater
Medical
Oil and Gas
Food and Beverages
Industrial
Other Applications
Geography
North America
Europe
Asia-Pacific
South America
Middle East & Africa
Photonic Integrated Circuit Market – Growth, Trends, and Forecast (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 photonic integrated circuit market was valued at USD 472.5 million in 2018, and is expected to register a CAGR of 26.4% over the forecast period (2019-2024). Photonic integrated circuit (PIC) technology is widely used to transfer huge amounts of data at a very high speed and finds applications in the field of optical fiber communications. One of the most significant drawbacks that PICs address is the power consumption issue. In fact, it is estimated that annually more than 5% of all the electricity generated, globally, was used in data center establishments, and this consumption is rising by at least 1.7% every year. But in the case of photonic ICs, it is estimated that the power consumed in such critical applications could be reduced by at least 50%.
Similar to the traditional PICs, which operate at wavelengths of 1.3 and 1.55μm, even hybrid PICs find great applications in telecommunication business and data centers. The need for high rate of data transfer, which cannot be accommodated by the traditional ICs, is the major factor leading to increased adoption of hybrid PIC in both telecom and data center markets.
The increasing number of cloud applications are rapidly up scaling the traffic that has to be handled by data centers. According to Cisco Systems, as of 2017, the volume of cloud traffic alone, across the data centers, exceeded 5 zettabytes per year, indicating a critical need for advanced switching and data transfer hardware, which can be met by hybrid PICs.
Although hybrid photonic integrated circuits are highly efficient and pose several advantages, when compared to their predecessors. They are still new to the market, and hence, experience a very low level of market penetration, when compared to the traditional ICs.
Scope of the Report
Multiple photonic components, such as waveguides, lasers, modulators, and detectors, when integrated on a single chip are referred to as photonic ICs. When compared to traditional ICs, photonic ICs are extremely fast, accommodate higher bandwidth, and are highly power efficient.
Key Market Trends
III-V Material to Hold a Major Market Share
GaAs photonics is a significantly tiny market, whose principal application was data centers. However, after the introduction of a 3D sensing function using GaAs-based VCSELs in Apple’s iPhone X, GaAs VCSEL has attained enormous growth.
The growth in 3D sensing applications in the consumer electronics market, automotive lighting, the increasing LiDAR applications, horticultural lighting, IR LED applications and display applications are expected to increase the demand for GaAs photonics over the forecast period.
In III-V materials, the market potential for InP (Indium Phosphide) PIC is considered very high. It can best be understood as a subset of the PIC market, which as a whole is further developed. The increasing potential for data center solutions and data center construction across the world is expected to aid the adoption of InP PIC over the forecast period.
North America to Hold a Major Market Share
In North America, the demand for photonic integrated circuits (PIC)-based products is driven by data centers and WAN applications of fiber optic communication. The need for high-speed data transmission increased the data traffic in cloud computing, and the rapid roll-out of IoT has created a potentially booming photonic integrated circuit industry in the region.
Service providers are facing an increasing demand for bandwidth, much of which is being driven by mobile, video, and cloud-based service. For instance, in the United States, video streaming from Netflix alone accounts for nearly a quarter of all bytes transferred at peak times. Companies are expected to base their optical networks on the PIC, which is expected to contribute to the market’s growth positively.
Competitive Landscape
The photonics integrated circuit market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. However, with innovative and sustainable packaging, many of the companies are increasing their market presence by securing new contracts and by tapping new markets. For instance, in 2017, Finisar introduced the flextune feature for wavelength-tunable optical transceivers, which simplifies the deployment of Dense Wavelength Division Multiplexing (DWDM) transceivers in Remote PHY access networks constructed by multiple system operators (MSOs). Further, in 2018, Lumentum Holdings Inc. acquired Oclaro Inc. Through this acquisition the company aims to enhance its product portfolio and accelerate its innovations.
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 Key Deliverables of the Market
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
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 Wide Range of Applications in Telecommunications and Data Centers
4.4 Market Restraints
4.4.1 Strong Demand for Traditional ICs
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 Type of Component
5.1.1 Laser (Optical Laser)
5.1.2 Modulators
5.1.3 Detectors
5.1.4 Transceivers
5.1.5 Multiplexer / Demultiplexer (MUX/DEMUX)
5.1.6 Optical Amplifiers
5.2 By Type of Raw Material
5.2.1 III-V Material
5.2.2 Lithium Niobate
5.2.3 Silica-on-Silicon
5.2.4 Quantum Dots
5.2.5 Other Raw Materials (Graphene, Silicon-on-Insulator)
5.3 By Integration Process
5.3.1 Hybrid
5.3.2 Monolithic
5.4 By Application
5.4.1 Telecommunications
5.4.2 Biomedical
5.4.3 Data Centers
5.4.4 Other Applications (Optical Sensors(LiDAR), Metrology, etc.)
5.5 Geography
5.5.1 North America
5.5.2 Europe
5.5.3 Asia-Pacific
5.5.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Neophotonics Corporation
6.1.2 Infinera Corporation
6.1.3 Lumentum Holdings Inc.
6.1.4 Intel Corporation
6.1.5 Colorchip Ltd
6.1.6 Ciena Corporation
6.1.7 Finisar Corporation
6.1.8 Huawei Technologies Co. Ltd
6.1.9 Source Photonics Inc.
6.1.10 Luxtera
6.1.11 VLC Photonics
6.1.12 Mellanox Technologies Ltd
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Type of Component
Laser (Optical Laser)
Modulators
Detectors
Transceivers
Multiplexer / Demultiplexer (MUX/DEMUX)
Optical Amplifiers
By Type of Raw Material
III-V Material
Lithium Niobate
Silica-on-Silicon
Quantum Dots
Other Raw Materials (Graphene, Silicon-on-Insulator)
By Integration Process
Hybrid
Monolithic
By Application
Telecommunications
Biomedical
Data Centers
Other Applications (Optical Sensors(LiDAR), Metrology, etc.)
Geography
North America
Europe
Asia-Pacific
Rest of the World