Motorized Control Valves Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

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Motorized control valves are commonly used in small and large hydronic heating and cooling systems. These are utilized to remotely control the flow of fluids and gases accurately through an electric actuator. The difference in the operating mechanism of other mechanical stopcocks and these components lie only in the actuation inputs. Motorized control valves find significant applications in industrial sector that includes, water and wastewater treatment, oil & gas industry, chemical manufacture, and power generation.

Increasing awareness regarding the implementation of automation, which helps in increasing efficiency and reducing downtime, will create considerable demand over the forecast period

Motorized control valves market has witnessed significant adoption rate in the oil & gas industry, primarily owing to the utilization of smart valves that are integrated with smart sensors and embedded processors. These advancements allow the industries to establish efficient networking capability and enable remote monitoring of the industry operations. Moreover, real time update, reduced human workforce interventions, ability of these systems to provide actionable solutions for preventive maintenance, and minimal downtimes are projected to drive the overall industry demand throughout the forecast period.

Motorized Control Valves Market Taxonomy

On the basis of product type, the global motorized control valves market is classified into:

Butterfly valves

Gate valves

Ball valves

On the basis of end-use industry, the global motorized control valves market is classified into:

Oil & gas

Water and wastewater

Power generation

Mining

Chemicals

Foundries

Others

Integration of diagnostic functions to monitor the performance and efficiency of motorized control valves has witnessed high adoption in industries to improve the plant production output

Utilization of these diagnostic functions helps in accessing information from plant parameters that helps in important decision making for the improvement of plant output efficiency. Industrial applications that include chemical and oil & gas that require enhanced safety and monitoring to prevent losses and meet the production demand are expected to drive the motorized control valves market growth.

Oil & Gas dominated the end-use industry segment in 2016 and is expected to continue its dominance over the next few years

Owing to the increasing deployment of motorized control valves to measure and monitor the oil & gas flow, oil & gas is expected to remain the most attractive end-use industry over the next few years. According to The World Bank, over 54% of the global population resides in urban area, which is expected to witness significant growth over the next decade. This in turn will lead to considerable growth in demand for portable water and wastewater treatment plants, which is estimated to bolster the motorized control valves market growth over the forecast period. Developing economies that project high urbanization rate, specifically China, India, Indonesia, Brazil, Russia, and Mexico, are expected to create significant demand for motorized control valves.

Butterfly valves dominated the overall industry share by product owing to lightweight, high efficiency, and application of these components in chemicals, water and wastewater treatment, and F&B industries

Asia Pacific is expected to present significant growth prospects over the forecast period, primarily owing to high urbanization rate and significant population base in the region. Moreover, significant increase in industrialization and manufacturing activities in the region, specifically in China, India, and Indonesia will present strong growth landscape over the forecast period.

Chief industry participants in the motorized control valves market include Danfoss, Cair Euromatic Automation, Emerson Electric, and Pentair. Other prominent vendors include Belimo, Marsh Automation, Hitachi, Honeywell, Avcon Controls, Schubert & Salzer, BI-TORQ Valve Automation, Rotork, Flowserve, Hansen Technologies, and A.u.K. Müller GmbH. The market is fragmented in nature with several regional players competing international vendors in the industry segment. Industry participants are increasingly focusing on reducing the overall operational expenses through minimizing raw material consumption and reducing overall production time. Utilization of simulation software to estimate the exact operational outputs and customization requirements is a key trend identified in the market. Use of simulation in the designing and manufacturing stages are featured to reduce the time consumption by 30% as compared to the conventional methods.

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Wafer Inspection Equipment Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

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Wafer inspection equipment is fabrication system utilized for the detection of defects during the semiconductor wafer manufacturing processes. Increasing application of electronic semiconductor ICs in consumer electronics, industrial, automobile segments and related R&D activities is expected to drive the increased demands for the production. Requirement to maintain the quality of products and the client satisfaction is expected to remain the primary factor that would fuel the wafer inspection equipment market growth.

Proliferation of wireless computing devices are expected to primarily contribute to the industry growth

Advanced wireless networking technologies such as 3G, 4G, Bluetooth, ZigBee, and wireless LAN have enabled fast and easy data transmission. Smartphones, tablets, wearables and sensors integrating these technologies have witnessed significant demand increase over the past few years. In conjunction with the demands for high level integration and development of new designs to provide support to multiple application on single platforms, intensive industry competition has led to increased demands for better quality and least defects in the semiconductor devices. Moreover, increasing demands for high performance chips for mission critical applications in industries and R&D activities will present considerable growth opportunities for the wafer inspection equipment market through the forecast period.

IoT, and digitization are the major trends expected to transform the globe, which would require semiconductor technologies as the basis of their framework. Smart connected TVs, vehicle automation, kitchen automation, smart city, smart grids, are among the many such IoT concepts that are expected to gain traction over the next few years. This will increase demand for the electronic product manufacturing, which will in turn fuel the wafer inspection equipment market growth.

Wafer Inspection Equipment Market Taxonomy

On the basis of technology, the global wafer inspection equipment market is classified into:

E-beam

Optical

On the basis of wafer type, the global wafer inspection equipment market is classified into:

Unpatterned wafer

Patterned wafer

On the basis of end user, the global wafer inspection equipment market is classified into:

Integrated device manufacturers

Memory manufacturers

Foundries

Advent of 3D finFETs, NAND and advanced DRAMs technologies are expected to present considerable growth challenge to the industry growth

Optical and E-beam are complementary technologies that perform distinct operations in the workflow. optical has fast throughputs and finds great applications in the end use. On the other hand E-beam helps in detection of smallest defects, however the throughputs are low. Owing to these features, it finds substantial applications in R&D activities. Increasing demands for advanced computing and processing has led to development of 3D finFETs, NAND and advanced DRAMs, which requires the tools to assess complex structures. Wafer assessment on the scales below 10 nm is extremely difficult, and in case of overlooking of the smallest error can impact the end use. This is expected to be major industry growth challenge over the next coming years.

Asia Pacific to be key growth engine of the wafer inspection equipment market

Asia Pacific is the largest hub for the electronic semiconductor manufacturing activities, driven by the extensive production demands specifically in the countries that include China, Taiwan, Japan and South Korea. Moreover, the region is also attributed with the presence of key electronic industry participants such as Samsung, Sony, Toshiba, Panasonic, among many others, which will help the region sustain its dominance over the next few years.

U.S. is expected to contribute to major industry share in the industry growth primarily owing to the major inclination of the users towards innovative technologies such as connected vehicles, industrial automation and other process automation. Moreover, the region is also characterized with the presence of major tech giants that include, Google, Tesla, Qualcomm, Texas Instruments, and GlobalFoundries among many others, which will provide consistent demands for the wafer inspection equipment market.

Key players in the wafer inspection equipment market include Applied Materials, Zeiss Global, Hermes Microvision (ASML), FEI (Thermo Fisher Scientific), KLA-Tencor, Hitachi High-Technologies, JEOL, Lasec Corporation, Lam Research, Nikon, Nanometrics, Planar Corporation, Tokyo Seimitsu, Rudolph Technologies, and Toray Engineering.

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Gas Cutting Machine Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

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Gas cutting machine finds significant end-use industry applications for the processing of carbon and low alloy steels such as aerospace, automotive, steel processing industries and shipping among few others. The consumables and equipment for the welding processes are similar to this equipment, except the welding torch is replaced by the cutting torch which is incorporated with a high pressure oxygen tube. Extensive range of applications that include grooving weld joint metal designs, making edges of metal sheets, cut rivets, risers, and many other are expected to drive the demands for these industrial instruments.

Ease of portability and incorporation of multiple torches for increased functionality are expected to garner high adoption rates over the forecast period

The equipment can be used to cut metals in small sizes and shapes, which is rather cumbersome using other mechanical methods. Incorporation of multiple torches can be used to cut multiple number of metal profiles simultaneously. Moreover, some machining alternatives provide easy portability that find large applications for field operations. In conjunction with these characteristics, fast operations and relatively low cost requirement in comparison to other mechanical procedures, gas cutting equipment market is expected to witness major traction over the next few years.

Gas Cutting Machine Market Taxonomy

On the basis of machinery, the global gas cutting machine market is classified into:

Portable

Stationary

On the basis of end use industries, the global gas cutting machine market is classified into:

Aerospace

Automotive

Machinery manufacturing

Recycling

Steel processing

Energy

Sheet & structural metal

Architectural

Ship building

Others

Proliferating demands from end-use industries will provide the necessary traction over the next few years

Global increase in the average per capita income over the past decade has led to increased consumer buying power. Increasing global air traffic, commercial and personal automotive, defense expenditure, scraping of old aircrafts and ships, and shipping, specifically in countries that include China, India, Indonesia, U.S., and Middle East countries among few others. Owing to these factors, multi-billion dollar end user industries such as automotive, aerospace & defense, metal processing and ship building are expected to witness significant demand growth. Requirement to meet these production demands, industries will invest in industrial process tools and equipment, which in turn will drive the demands for the gas cutting machine market.

Limitations such as requirement of ventilation spaces and advent of 3D technology is expected to hamper the growth prospects

Gas cutting equipment market growth is anticipated to be hindered by several technical limitations. These drawbacks include its usage limited to steel and cast iron materials, low dimensional tolerances, requirement of adequate flame control and proper ventilated spaces for its operations. Moreover, red hot slag and heat generated in the process also presents burn and fire hazards to the users and the industry. Advent 3D technology is featured with several advantages over the conventional technologies such as minimum material wastage, savings in terms of raw material costs, and high ROI, is anticipated to witness large adoption for industrial applications. Utilization of laser technology for its operations will present major challenge to the gas cutting machine market growth.

 

Stationary gas cutting machine is expected to dominate the market over the forecast period

High reliability for extensive workloads in the industrial usage is expected to be prominent factor driving the growth of the stationary mechanism. These instruments find increased applications for the workloads that require long time and offer efficient and simple means for product development. Owing to these factors, stationary equipment segment dominated the overall market share in 2016.

Asia Pacific will continue its dominance in the gas cutting machine market share

Presence of major emerging economies that specifically includes India and China that have witnessed significant investments in industries and manufacturing activities is expected to provide strong industry traction in the region. Moreover, low cost labor availability and increasing government activities to enhance free and fair trade in the region will in turn lead increased industrial manufacturing activities. For instance, One Belt, One road initiative in China and Sagarmala project in India are expected to provide significant boost to trade. This will in turn drive the demands for industrial processes and gas cutting machine market over the forecast period.

Key market participants in the industry include ESAB, Koike Aronson, Hornet Cutting Systems, Messer Cutting Systems, Ador Welding, Haco, Harris Products Group, Shangai Welding & Cutting Tool Works, SteelTailor, and Voortman Steel Machinery.

Hyperlocal Services Market – Global Industry Insights Trends Outlook Opportunity Analysis 2025

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Hyperlocal services refers to online business models that provide various products and facilities that rely on the platform of smartphones with GPS technology. The offerings include food delivery from restaurants, grocery from superstores or hypermarkets, logistic services, and home utility services such as electrical repairing, plumbing, carpentry, laundry, and personal tutors.

Increased adoption of smartphones featuring internet connectivity is the prominent factor driving the industry growth

According to GSM Association Intelligence report in October 2016, around 44% of the total smartphone users, had subscribed to internet connectivity which is projected to account for around 60% by 2020. Moreover, hyperlocal services market participants are increasingly enhancing search options and application support for better consumer experience. Proliferation of improved and secured mobile payment gateways such as, Android Pay, Apple Pay, PayPal, etc. has led to significant increase in consumer confidence for the application of mobile platform for transactions. These factors are expected to provide strong industry growth prospects through the forecast period.

Hyperlocal services Market Taxonomy

On the basis of service offerings, the global hyperlocal services market is classified into:

Grocery and food delivery services

Home utility services

Logistics

Large discounts on first purchase and competitive product offering costs are expected to present potential growth landscape

The hyper local services market is characterized by the presence of large number of local players venturing for better business growth prospects. Moreover, some competitors have entered into significant private ventures offering capital investments to the start-ups for enhancing their presence through marketing and promotional activities for acquiring large consumer base. This has led to increased competition among the global and local players in the industry, in turn leading to frequent major discounts and competitive pricing strategies for consumer retention. Large savings on purchases and increased consumer convenience owing to easy accessibility to resources is expected to present solid growth prospects for hyperlocal services market.

Grocery and food delivery segment dominated the global hyperlocal services market share

Grocery and food delivery segment participants perform the aggregation of local restaurants and superstores through smartphone applications and provide products on demand. This helps participants gain the trust of the local shops through online shopping. Moreover, owing to presence of large untapped potential consumer base and almost everyday requirements of foods and groceries will drive growth of these market segments.

Expansion of product offerings to rural and remote locations is expected present consistent challenge over the forecast period

Catering to customers with best product quality with access to marginal profits is major challenge hindering the market growth. Increasing consumer base and business activity may also lead decline of the product quality that can result in loss of consumer retention. Industry is characterized with large number of global and local choices available in the industry, causing increased consumer volatility. Moreover, customer catering potential of these hyperlocal service market is limited to urban regions only. These factors are expected to consistently challenge the business growth of the players.

Developed economies such as the U.S. and countries in Western Europe have witnessed major adoption of hyperlocal services and are leading the market in terms of revenue and consumer base. However, with the increasing proliferation of mobile devices in emerging economies such as China, India, Indonesia, and Brazil is expected to offer significant growth opportunities for market players over the forecast period.

 

Industry is characterized by the presence of large number of players acquiring small hyperlocal services market shares. This is expected to continue over the forecast period, however, few industry participants have gained competitive edge over other participants. These participants include GrubHub, Just-Eat, Swiggy, Delivery Hero, Foodpanda group, BOXC, Shipster, and HelloFresh Group.

 

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Automotive Mudguards Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

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Automotive mudguards, also known as fenders, are parts of automobiles that frames the wheel and prevent the sand, rocks, mud, liquids or any other forms of dust from getting sprayed into by the wheels of the vehicle in the air or on vehicles and pedestrians. These are standard fixtures that can also be customized based on the consumer requirement in aftermarket and attached externally. Commonly used materials include steel, aluminum, ABS plastics, PE and carbon fibers.

Increasing demands for automobiles, specifically green mobility will provide considerable growth opportunity for the automotive mudguards market

Increasing consumer concerns regarding global warming, increasing investments in advancement of electric & hybrid vehicles and advanced engines to reduce emissions, regulatory amendments such as EPA in U.S. and European emission standards in EU are expected to drive the demands for better fuel efficiency vehicles. Various peripheral components of the vehicle influence the fuel efficiency of the vehicle. These factors inadvertently are projected to majorly contribute to the automotive mudguards market growth over the forecast period.

China and countries in Western Europe are increasingly encouraging the electric and hybrid vehicle purchases to regulate the fuel emissions and optimize their environmental impacts through government incentive plans, tax exemptions and dedicated parking spaces among the few other initiatives to encourage ownerships of these vehicles. In conjunction with the high growth market for these vehicles, increasing sales figures of other conventional vehicles is expected to provide potential growth prospects over the next few years. According to Organisation Internationale des Constructeurs d’Automobiles (OICA), international sales of vehicles witnessed an increase of around 4.65%, accounting for a Y-o-Y increase of over 93 million units in 2016.

Automotive Mudguards Market Taxonomy

On the basis of vehicle type, the global automotive mudguards market is classified into:

Two wheelers

Passenger cars

Commercial Vehicles

LCVs

HCVs

On the basis of raw materials, the global automotive mudguards market is classified into:

Steel

Aluminum

Acrylonitrile butadiene styrene (ABS) plastic

Polyethylene (PE)

Carbon fiber

 

Utilization of natural fibers in the manufacturing is expected to drive the demand growth

Increased usage of natural fibers in the manufacturing processes is a major trend gaining traction in the industry. These natural fiber polymer composites are environment-friendly, lightweight, and bio-degradable. Moreover, according to our research, incorporation of natural fibers can reduce over 25% of the vehicle weights in comparison to other glass reinforced fibers. These enhanced features are expected to provide large growth potential to the automotive mudguards market.

Passenger cars are expected to dominate the industry segment demands over the forecast period

Passenger car segment dominated the overall automotive mudguards market share in 2016, and is expected to continue its dominance over the next few years. Its growth can be attributed to large inclination of consumers towards owning cars, proliferation of commercial usage of automobiles such as car sharing and cab aggregators, and the pre-existing large consumer base across the globe. Moreover, large presence of aftermarket players that offer custom-made solutions to enhance the vehicle aesthetics and performance, will also continue to contribute to the industry growth.

Asia Pacific will continue its dominance in the automotive mudguards market

Asia Pacific held the largest industry share in 2016 and is expected to continue its dominance, primarily owing to the presence of the world’s largest automobile market, China and the fastest growing automotive market in India. Growing employment opportunities have led to substantial per capita income and the affording capability of the population in the region. Moreover, increased spending on road infrastructure and manufacturing activities in the region will drive the growth of commercial and passenger vehicle demands. This will provide the required boost to the industry growth. Increased inclination of consumers towards high-end automobile solutions and decreasing price of gasoline will present considerable opportunities in the developed economies, such as U.S., Canada, UK, Germany and France.

Industry presence is characterized by established presence of major players with moderate competition among them. Chief players in the automotive mudguard market include MrMudguard, Rhino Manufacturing, FeatherWing, KN Rubber, Jonesco, KWIK PFYT mud flaps, FIEM Industries, and Sant Manufacturers.

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Automotive Driving Simulator Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

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Automotive driving simulators (sims) belong to the class of human machine interface (HMI) that are prominently used to mimic the near-exact conditions prevalent during driving. These find substantial applications in education & training institutions for vehicle user training programs, and R&D activities for the pre testing of new vehicles, advanced driving assistance systems and other technologies. This enables the users to utilize the best potential of virtual reality for testing of practical applications by eliminating the risk due to mishandling of the controls and physical damages.

Driver state monitoring system (DSMS) incorporation in these systems will provide high growth prospects

DSMS is an electronic system used in vehicles to monitor the users’ inactiveness, fatigue or drowsiness while driving. This helps in analyzing the driver’s mental and physical state accurately in real time by synchronizing the system with the camera installed directly focusing on the user’s face. Furthermore, the system also helps in evaluating range of driver conditions that includes eye closure, eyelid distance, head positions and yawning. Utilization of these systems for improvements in the vehicle safety and user comfort, is expected to drive the automotive driving simulator market growth.

Automotive Driving Simulator Market Taxonomy

On the basis of technology, the global automotive driving simulator market is classified into:

Modular design simulator

Multi station driving simulator

Bus simulator

Physical simulator

On the basis of end user, the global automotive driving simulator market is classified into:

Suppliers & OEMs

Independent R&D

Transport Authorities

Education & Training Institutions

On the basis of applications, the global automotive driving simulator market is classified into:

Entertainment

Research

Training

Availability and utilization of low cost simulators is expected to provide major industry traction over the forecast period

Low cost affordable sims are featured with the ability to gain better audience for its primary applications in evaluation and testing of vehicle technologies. Growth in the hardware and software processes have in turn led to easy availability of these products. Players in the market offer an extensive portfolio from low cost scales to expensive high-fidelity products. Mitsubishi Electric Research Labs’ offering, which is a medium fidelity simulator is among the most popular low priced offering. Owing to these factors, they account for significant revenue share and are expected to witness strong growth over the next few years, specifically for gaming applications.

Existence of semblance of lag between the actual response time for any input given by the driver and the expected response time is expected to be the major industry growth challenge. It induces an adaption burden phenomenon, which impacts the driver’s brain. This syndrome is called simulator sickness or SAS. Users have reported symptoms of headaches, disorientation and motion sickness, among few others.

U.S. held the largest industry share in 2016, is expected to present strong growth prospects

North America held the largest automotive driving simulator market share in 2016, primarily owing to the ongoing new vehicle projects for advanced technologies such as autonomous vehicle development and connected cars for the future adoptions. Moreover, government support to encourage the utilizations of these technologies to avoid accidents and damage to lives and infrastructure will present potential growth landscape for the industry growth. For instance, EU training directive in Europe has proposed the usage of advanced automotive driving simulator for the training and retaining of truck and bus drivers.

Key participants in the automotive driving simulator market include Ansible Motion, OKTAL, Cruden, Mechanical Simulation, Dallara, and Moog. Industry is majorly characterized by the intensive competitive scenario, with key players competing on market grounds with competitive pricing strategies, technology advancements, quality, and customer experience with high end performance. Proliferation of R&D activities for development of autonomous cars by Google, Volvo, Tesla and many others is expected to provide large demands for these systems for evaluation of their algorithms and decision making processes.

About Coherent Market Insights:

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Advanced Farming Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

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Advanced farming market caters to agriculture-based activities through utilization of connected and advanced information technologies for the analysis, monitoring, identifying and controlling the field operations to maximize the yield and ensure profitability. Moreover, optimum utilization of the available resources that include light, water, space, energy and costs associated with the maintenance form the primary factors that are expected to drive overall demand.

Growing global population and the increasing requirement to suffice the basic needs that include food, and clothing will drive the demands

According to Population Reference Bureau, global population in 2016 was over 7.4 billion, which is expected to cross 8.5 billion by1 2030. In addition to this, the urbanization of the economically developed and developing regions is expected to witness significant growth over the forecast timeframe, necessitating increased demands for the agricultural produce. Moreover, limited land, water, and other resources for these activities is expected to instantiate demands for increased outputs in the available resources. This will in turn drive the growth of advanced farming market, specifically in the regions with unfavorable natural climate and densely populated that include the U.S., Western Europe, China, India, and few other economies.

Advanced Farming Market Taxonomy

On the basis of technology, the global advanced farming market is classified into:

Variable-rate Technology (VRT)

High precision positioning systems

Automated steering systems

Remote sensing

Integrated electronic communication

Others

On the basis of deployment mode, the global advanced farming market is classified into:

Cloud

On-premises

On the basis of services, the global advanced farming market is classified into:

Integration

Maintenance

Consulting & Training

On the basis of applications, the global advanced farming market is classified into:

Fleet management

Livestock farming

Forest farming

Aqua farming

Horticulture

Proliferating incorporation of advanced sensors and precision software and hardware technologies will present strong consumer inclination for increased agricultural produce

Agricultural drones for monitoring field conditions by AgEagle; advanced analytics for agronomic analysis by Aglytix; multi-sensor Vector Probe by probe AquaSpy, Virtual Optimizer (VO) water management tool that monitors soil moisture and provides virtual agronomist services by CropMetric; and API connectivity between fleet of green and yellow earth movers by John Deere are few of the major advancements in the advanced farming market. Moreover, many other major developments to enhance agricultural produce are taking place on daily basis, is expected to garner significant growth opportunity over the forecast period.

Lack of proper knowledge, insufficient internet connectivity, and lack of appropriate IT infrastructure to support these technologies will continue to hamper the industry growth

China, India, Russia, Indonesia, Thailand, and Brazil are among the major global agricultural production economies. These are the economically developing regions wherein the rural produce forms the major proportion of the country produce. Lack of appropriate knowledge of the advanced farming processes, low consumer motivation, high operational complexities, and lack of affordable internet connectivity is the major challenge hindering the overall industry growth.

 

U.S. is expected to dominate the overall advanced farming market adoption rates over the forecast period

High consumer motivation towards advanced technologies, extensive government initiatives to support the agriculture from the U.S. Department of Agriculture and high production demands will drive the regional growth over the forecast period. China, India, Indonesia and Thailand are among the most potential markets across the globe, however, lack of proper infrastructure and knowledge for the handling of these systems will continue to interfere with the growth prospects.

Chief industry participants in the advanced farming market include Trimble Navigation, AGCO Corp., John Deere & Company, Raven Industries, and AgJunction Inc. Industry is characterized by moderately fragmented market share with large number of regional players dominating the regional share. Moreover, over the last few years, industry has witnessed increased emergence of startups to capitalize on the existing opportunities. For instance, The Climate Corp, Solum, Soil IQ, and SmartGardener are among the few of the players that have gained significant interests of the industry participants.

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1T-MONOS Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

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Majority of the requirements for technology featuring memory expansion cards that are utilized in consumer electronic devices and storage medium for the embedded systems are fulfilled by flash memories. According to Coherent Market Insights analysis, this technology has witnessed over 40% year-on-year growth over the last few years. However, owing to certain technological limitations that include flash memory’s finite life, incapability of the bit-by-bit data erasability and large power consumption, the utilization of the technology has been limited to particular environment conditions. However, utilization of 1T-MONOS (flash memory technology) in places where flash cannot be utilized, as proposed by the Renesas in February 2016, is expected to garner major traction over the forecast period.

Better reliability, performance and processing scalability is projected to provide strong growth prospects over the forecast period

One transistor metal oxide nitride oxide silicon (1T-MONOS) can be used to cater variety of purposes, specifically in automotive segments in conjunction with the CMOS and BiCDMOS, to optimize its power consumption and enhance program/erase (P/E) endurance. It is featured with operations at junction temperatures of 175°C with read/write endurance of over 100 million cycles. Moreover, as per Renesas results, 0.07mJ per 8 byte rewrite energy consumption was achieved on utilization of adaptable slope pulse control to weaken the electric fields and degrade memory cells. These features are anticipated to drive the global 1T-MONOS market over the coming years. Renesas Electronics Corporation introduced its 90 nm one-transistor MONOS in February 2016, is expected to lead the industry applications over the forecast period in the industry. Some of its key features include:

Memory architecture development with FN tunneling for high reliability and P/E operations

Low powered weakening electric fields during P/E operations through adaptable slope pulse control (ASPC) technology

Current consumption recorded at 98 µA i.e. 1 millionth of an ampere for rewriting memories

Architecture is anticipated to find significant addressable applications in environmental friendly automotive systems

Also, the company has introduced prototypes of128 KB flash memory incorporated with 90nm 1T-MONOS flash memory featuring these properties which is expected to start its mass production in 2019.

 

1T-MONOS Market Taxonomy

On the basis of potential applications, the global 1T-MONOS market is classified into:

Automotive

Manufacturing and processing industries

Other

Increasing IoT applications and autonomous automotive will drive the industry growth through the forecast period

Utilization of connectivity and memory processing in almost every daily activity that includes agriculture, industry processes, and transportation among many other applications. This is expected to drive the incorporation of electronic processing and advanced computing technologies. Moreover, these application environment are featured with severe operating conditions that prohibit the usage of conventional flash memories. High durability featuring products are expected to find significant applications in conjunction with the growing IoT applications and drive the 1T MONOS market.

Automotive industry has witnessed huge demands for electronic data processing over the past few years. Number of advanced systems such as adaptive cruise control, collision avoidance systems, electric/hybrid vehicles and emergency driving assistance among few others have necessitated the use of electronic control units (ECUs) and other components to mechanize the analog processes. This will present strong growth prospects over the next few years. Moreover, regulatory compulsions to adopt these systems in every vehicles across the globe to ensure passenger and driver safety, specifically in developed global counterparts that include Western Europe and U.S., will prioritize the adoption of these systems and drive the 1T-MONOS market.

Renesas and TSMC have initiated their strategic activities to capitalize on the opportunities of the future market. Other electronic industry participants are expected to adopt to similar product developments to garner increased applications over the forecast period, which will present considerable industry growth prospects.

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Third-party Logistics Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024

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Third party logisics (abbreviation TPL or 3PL) in a supply chain management or logistic is an outsource service provider company. The increasing globalization for trade offers a worldwide networking platform for manufacturing companies. To keep up the productively, the demand for third party logistics companies is raised by production companies. The increasing e-commerce industry become one of the major river for the growth of global third party logistics market in the most recent couple of years. In 2016, the global B2C ecommerce market generated revenue of US $2.1 trillion up from US$ 1.8 trillion in 2015 and is expected to reach up to US $2.4 trillion by the end of 2017. The e-commerce companies which adopted the online platform to sell their products and not all have their own logistics services. The increasing number startups in this industry, majorly not able to afford their own logistics services have increased the demand for third party logistic service companies. Moreover, the convenience of shopping online for the consumers have also increased the demand for the third party logistic services in e-commerce industry. Hence, this will remain a key factor for the third party logistics market as the emerging economies are expected to increase the ecommerce industry in the next few years provides a growth opportunity to the third party logistics market. In addition to this, the increasing fall in shipping rates further drives growth of the global third party logistics market.

Third party logistics market taxonomy

On the basis of service type, the global third party logistics market is classified into:

Dedicated Contract Carriage

Domestic transportation management

International transportation management

Warehouse & distribution management

IT service and logistics software

On the basis of mode of transportation, the global third party logistics market is classified into:

Waterways

Airways

Railways

Roadways

On the basis of end users, the global third party logistics market is classified into:

Manufacturing

Retail

Healthcare

Automotive

Others

Third Party Logistics Market Outlook – Asia Pacific holds the largest market of the global third party logistics market.

On the basis of geography, global third party logistics market is classified into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific holds the dominant position in the global third party logistics memory market in 2016 and is projected to retain its dominance throughout the forecast period. The increasing disposable income and rising investment by e-commerce leaders and increasing internet penetration have increased the e-commerce industry in the emerging economies such as India and China. This helps to increase the market for third party logistics in the Asia Pacific region. In addition to this, North America also holds the largest share of the third party logistics market due to increasing demand from automotive industry and ecommerce sector. The U.S. and Canada are the major countries which derive the North America region. The rising demand for low cost services and rapid delivery services have surge the third party logistics market in the U.S.

Key companies of global third party logistics market

AmeriCold Logistics LLC, BDP International, Burris Logistics, C.H. Robinson Worldwide, CEVA Logistics, DB Schenker Logistics, DHL Supply Chain, FedEx, GEODIS, J. B. Hunt, Kintetsu World Express, Inc., Landstar System, Inc., Nippon Express Co., Ltd, Panalpina World Transport Ltd., Ryder Supply Chain Solutions, Schneider National, Inc., SinoTrans (HK) Logistics Limited, Total Quality Logistics, Inc., Transplace Texas LP, Unyson Logistics, Inc., UPS Supply Chain Solutions, XPO Logistics, Inc. are some of the key companies of the global third party logistics market.

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Global Printed Electronics Market- Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

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Printed Electronics Market: Providing Continuous Flexibility and Fabrication of Electronic Devices

Printed electronics is a set of printing techniques applied to produce electrical devices on different substrates. Screen printing, gravure, flexography, offset lithography, and inkjet printing are some of the major printing techniques used for defining patterns on substrates or materials. The printed electronics market is expected to gain steady growth in the foreseeable future, due to the commercialization of printed devices in various industries such as healthcare, automotive, consumer electronics, and media. Increasing proliferation of smart displays and touch devices is also contributing towards positive growth of the market. Medical sensors and diagnostic devices are some of the prime application areas of the printed electronics. Increasing application of printed batteries in different medical devices is also considered as one of the drivers for the market. Adoption of printed batteries as they are stretchable, rechargeable and flexible is another major ongoing trend in the printed electronics market. Growing application of printing technologies in memory, logic energy storage devices, mobile chips and printed circuit boards is expected to act as a major driver for the market over the forecast period.

The global printed electronics market is estimated to be valued at US$ 4,771.9 million in 2017 and is expected to witness a CAGR of 21.3% during the forecast period (2017 – 2025).

The growing application of flexible and touch displays drives growth of printed electronics market

Printed materials for smart fabrics as well as wearable electronics, which includes, communication, health monitoring, and OLED displays is another major driver for the market. Light weight, ultra-thin, bendable, shatter-proof energy efficient and portability are some of the major attributes of the flexible displays. Growing usage of printed electronics in memory or logic and in different sensors is one of the major growth driving factors for the market. Also, development of portable and miniaturized electronic devices is also increasing adoption of printed electronics in different industries globally. The market in Asia Pacific is expected to gain major traction over the forecast period, mainly due to increasing application of printed electronics in different industries in China and Japan. However, technological complexities and issues with electricity conductivity with some substrates or materials may inhibit the growth of the market. However, growing application of printing technologies in the energy storage devices, photovoltaic cells are expected to act as a major drivers for the market over the forecast period.

Growing application of OLED displays and smart labels is a prominent factor to fuel growth of the printed electronics market

Increasing adoption of printed electronics in the photovoltaic cells in order to convert solar energy into electricity along with growing application of conductive inks are some of the prime driving factors for the market. Printed electronics increases the electronic functionality of substrates than conventional rigid electronic fabrication techniques. While conventional electronics are used in packaging and print, integrating large-scale printable electronics primarily offers lightweight and thin electronics using high-volume manufacturing processes in cost effective way. Product innovation through research is one of prime strategies adopted by the key players operating in the printed electronics market to strengthen their positions globally. Growing application of printed sensors, batteries and other portable devices are anticipated to fuel the market for printed electronics over the forecast period globally. Moreover, growing usage of printed electronic devices in the healthcare industry is also contributing in the positive development of the market. Asia Pacific is leading the market for printed electronics, followed by North America due to increasing demand for the smart devices and displays. Owing to rapid progression of electronic products which includes RFID, membrane switches, electronic labels and printed displays are anticipated to contribute in the positive development of the market over the forecast period.