Hybrid Seeds: Driving Agricultural Innovation and Global Food Security:
Hybrid seeds are increasingly popular all over the world because they have a faster maturing time as compared to traditional or Open-Pollinated Variety (OPV) seeds. These seeds originated from controlled cross-pollination of two varieties within the same species of plant, which promotes amplification of qualities with major attributes such as higher yield, uniformity in plants, and better quality, which results in disease resistance. Heirloom Seeds are the seeds that come from open-pollinated plants pollinated by natural mechanisms such as wind, insects, and birds. These seeds will become the parent plant and can reproduce true to form, resulting in a seed with the same characteristics as their parents, but they may have high genetic diversity. They are generally more difficult to grow compared to hybrid seeds, specifically because of their intermediate days. Hybridization techniques are utilized to attain the sustainable development goals of food security and nutrition.
Hybrid seeds give farmers high yields, and fruits can be matured easily by drought resistance, pest resistance, and fast breeding improvement. Which works in supporting agricultural land management better. Hybrid seeds provide high-quality seeds combined with tractors, and advanced technology has entirely upended how agriculture has always worked and the lives of farmers changed a lot as they started to earn from the lands. Farmers are also increasing the cultivation area due to the rapid growth of population, and are also moving towards hybrid seeds to increase production.
Moreover, hybrid seeds are rejuvenating crop yields and altering plant attributes to satisfy the ever-increasing need for global food production. Not only can they provide substantially increased productivity and improved resistance to disease, but they can readily adapt to changing environmental conditions relating to climate change, which ensures food security. The Food and Agriculture Organization of the United Nations reported that world agricultural production would need to rise to 14,060 trillion crop calories to feed 9.7 billion people globally by 2050 under medium-population expansion. To remain within the bounds of a higher-population growth scenario, there would be the requirement to be 15,410 trillion crop calories available to feed the equivalent of 10.8 billion people in 2050, which is estimated to be a 61 percent increase in calories compared with 2011 necessities. Thus, with the boom in the global population, the pressure on agricultural systems will continuously get higher, which necessitates increased crop yield, leading to increased utilization of hybrid crops.
Figure 1: Increase in Requirement of Crop Calories Globally Under Different Population Growth Scenarios, in Trillion, in 2050
Source: Food and Agriculture Organization of the United Nations
According to the Federation of Seed Industry of India (FSII), thus far, the farmer community in the country stands to have benefited increasingly due to an increased availability and adoption of improved hybrids, leading to excellent results. Over the past few years, hybrids have become more mainstream, with tomatoes seeing a jump of 40%, brinjal by 82%, cabbage by 68.6 %, and okra by 10%. Given this, the government is also stepping in through policy reforms and subsidies for the promotion of hybrid seeds, which has led to increased productivity and profitability for farmers as well as mutual benefit to both consumers and farmers. Further, crop demand is rising as health concerns grow and in response to consumers making healthier dietary shifts by moderately increasing the consumption of fresh fruits, vegetables, and other crops. The future option is hybrid seed crossing for quality and profit in the global agriculture sector.
In addition, there is a growing trend towards the uptake of improved hybrid seeds across much of the developing world because they are faster maturing than traditional seeds. This is leading to a rise in major agri-based companies investing in advancing and developing hybrid seeds. For instance, Ankur Seeds released GMS-based ‘Indian Bean (Dolichos) Hybrids’ known as Dolichos, which is a world-first, to facilitate the stable productivity and yield of vegetables in May 2022. Synthesizing the best of both worlds, the company utilized customized solutions in combination with local biodiversity to develop high-yielding protein-rich Indian bean hybrids. Farmers all over the globe are looking for alternatives towards sustainable agriculture, feeling that hybrid crops are a preventive action on how they can compete in this edge world to secure their survival. Ankur Seeds is developing new and innovative solutions in hybrid crop varieties to assist the farmers around the globe.
There are increasing research studies by organizations aimed at better production of hybrid seeds as well as overhauling agriculture. Rising innovation of these varieties by researchers provides direction for smart breeding and recognizing its effective traits. This leads to a reduction of the environmental impact of hybrid seed production by enabling genomic information for predictive analytics For instance, the ICAR-All India Coordinated Research Project on Pearl millet identified and recommended 206 hybrids and 66 varieties for cultivation in different agroecological regions of the country. Pearl millet is the lead crop to set global minimum levels of micronutrient content for eligibility in the promotion criteria of crops.
Key Developments:
Year
Development
July 2024
Solynta received approval from Kenya Plant Health Inspectorate Service (KEPHIS) to offer three hybrid true potato seed varieties for the country’s commercial production. These varieties are SOLHY007, SOLHY012, and SOLHY015 available as true seeds and cultivars grown from true seeds. They released these varieties from the Netherlands using non-GMO hybrid breeding innovation which is a new breeding platform developed by Solynta. One of these varieties has various resistant genes for late blight, a potato ailment that damages growers’ harvests.
February 2024
Origin Agritech Ltd. announced the successful introduction of a wild corn gene into one of its elite commercial hybrid products, thus achieving an important scientific first as well as setting standards for crop yield performance and efficiency. This innovative genetic adjustment has progressed plant type and photosynthesis effectiveness, empowering the hybrid to attain higher yields by supporting expanded plant thickness per acre.
October 2023
Rallis India Limited, a leading player in the Indian agri inputs space of Tata enterprise announced the launch of ‘SeedSure,’ a mobile application that enables effective and efficient monitoring and management of its Hybrid Seed Production (HSP) program. The app aids data acquisition and crop evaluation during seedling, vegetative, flowering, pod formation, and maturity. TCS has developed SeedSure to address the challenges required in managing hybrid seed production that can result in observable crop yield decline or sudden fall in crop yield.
https://www.knowledge-sourcing.com/resources/wp-content/uploads/2024/09/hybrid-seeds-market.webp5191000Gaurav Singhhttps://www.knowledge-sourcing.com/resources/wp-content/uploads/2023/02/Printable-Resolution-big-300x78.pngGaurav Singh2024-09-30 05:49:562025-05-07 11:05:25The Future of Agriculture: How Hybrid Seeds Are Transforming Crop Yields
The biomethane market is expected to grow at a CAGR of 7.79% during the forecasted period, with a market valuation of US$4.371 billion in 2024, and is expected to reach US$6.36 billion by 2029.
The biomethane market is driven by strict government policies, increasing investment in renewable energy, and rising enhancement in sustainability and environmentally friendly products.
As per the report, the biomethane market is expected to grow significantly.
Biomethane is a renewable energy gas created from biogas, a blend of methane, carbon monoxide, and hydrogen, created through an anaerobic digestion process of organic matter such as food residues, manure, and sewage sludge. Upgrading biogas to biomethane includes removing pollutants to extend methane substance, compared to natural gas. This filtered methane can be utilized as transportation fuel, heating, or power generation. Biomethane is renewable, cleaner, and economical, assisting sustainability by using waste and diminishing dependence on fossil fuels. It is a practical elective for fossil fuels in the coming years. The biomethane market is encountering noteworthy growth due to different variables such as rising preference for biomethane as an alternative to fossil fuels, and aligning with global endeavors to moderate climate change and greenhouse gas emissions. It can moreover improve energy independence, fortify the country’s financial advancement, and produce income for agriculturists, districts, and businesses who are involved in biomethane production. Technological progressions to produce cost-effective biogas, coupled with government policies and initiatives, such as tax relief, will further contribute to the rising utilization of biomethane by various industries in the coming years fueling the market growth. For example, in April 2024, Air Liquide increased its biomethane production capacity in the U.S. with the development of two new facility units in Pennsylvania, and Michigan region. These units treat dairy farm squander, advancing a circular economy path. Also, these units will produce biogas from manure feedstock in an anaerobic digester, with an overall generation capacity of 74 GWh.
Based on the feedstock, the biomethane market is categorized into animal manure, organic household, energy crops, sewage sludge, and others. Energy crops are anticipated to essentially contribute to the development of the biomethane market due to their huge production, high yield, cultivating land availability, and supportive government schemes. These energy crops, like, sunflower, sorghum, palm, and soybean, are grown for biomethane generation, guaranteeing a reliable and steady supply. Furthermore, numerous districts globally have reasonable land for the cultivation of this crop, making it a feasible and productive alternative.
The biomethane market based on the production process is divided into anaerobic digestion, pyrolysis, and gasification. Anaerobic digestion is the foremost broadly utilized method for creating biomethane, with its productivity, versatility, and environmental advantages. It can handle different organic feedstocks, including agricultural squander, food preparation waste, and wastewater treatment. Anaerobic digestion can be executed on small and large scales, making it reasonable for different applications. Further, it decreases greenhouse gas emissions thus anticipated to contribute to the market in the coming years
The biomethane market based on the production application is classified into automotive, power generation, and others. Automotive is anticipated to be primarily fueling biomethane market expansion during the forecasted years due to its being practically a cleaner elective to fossil fuels, offering automotive compatibility, and being backed by government initiatives. The transportation segment, which majorly adds to greenhouse gas emissions, can benefit from biomethane since bioethane vehicles produce less emissions in comparison to traditional fossil fuel-powered automobiles.
The biomethane market has developed substantially in the Asia Pacific region due to various factors. The Asian Pacific region encompasses a considerable supply of organic and agricultural waste, which is employed to fulfill rising energy necessities due to fast economic advancement and urbanization. Governments are implementing policies and initiatives in support of biomethane generation. The developing countries in the region are focusing on sustainable and low-carbon emission alternatives to reduce the impact on climate and the environment, which will lead to a shifting preference toward biomethane among regional businesses, promoting market growth.
The biomethane market is supported by key players such as EnviTec Biogas AG, AB HOLDING SPA, Ecofinity, Orbital Gas System, Future Biogas Limited, PlanET Biogas Group, ETW Energietechnik GmbH, Verbio, Veolia Group, and Air Liquide Energies.
A smart fertilizer can be described as a type of bio-composed nanomaterial, which contains nutrients and has the capability to release those components on demand by the farmers. The smart fertilizers allow a controlled deployment of nutrients and other composites to the soil. Smart fertilizers allow farmers to control various factors related to the release of nutrients, like timing of deployment, rate, and duration of nutrient release. Similarly, precision agriculture is referred to as the science which helps to improve the yield of the crops, while maintaining the sustainability of the farm activity. Precision agriculture uses multiple technologies, like sensors, and analysis tools to offer assistance to the farmers, in improving the yield of the crops, using lower fertilizers, and other composites.
The smart fertilizers generally consist of nano-fertilizers, in the form of powder or liquid, and are delivered to the plants as per the command. These nano-fertilizers involve the synthesis of nutrients at the nanoscale and offer multiple benefits like increased crop yield, and cost-efficiency. These types of fertilizers are also one of the most sustainable fertilizing solutions, which are drought resistant. The smart fertilizers offer several benefits to the farmers in increasing the crop quality and yield. The nutrient release timing of these smart fertilizers can be modified to suit different categories of crops, and it also offers adaptive features to improve the yield. Smart fertilizers also offer a lower environmental impact and cost efficiency.
Precision agriculture is among the latest concepts in the agricultural industry, which aims to improve the sustainability and yield of the agricultural sector, with the use of technologies. Precision agriculture helps farmers to reduce operational costs, by reducing the use of multiple agricultural components, like fertilizers, water, and labor costs. The introduction of smart fertilizers in the precision agriculture sector is estimated to revolutionize the global agricultural sectors. In the global agricultural sector, multiple technologies of precision agriculture, like sensors, can control the deployment of fertilizers, boosting the yield of the crops.
The use of smart fertilizers in the precision agricultural sector is sure to offer greater benefits to the farmers, as compared to the traditional system. Some of the key applications of smart fertilizers in the precision agriculture sectors are as follows:
1. Offers improved results even in drought-like scenarios.
One of the major benefits of smart fertilizers in the global precision agriculture market is their improved and wide-range application in the regions which generally have lower availability of water for farming. Precision agriculture, with the integration of smart fertilizers, offers a much lower consumption of water when compared to the traditional farming categories, and it offers greater crop yield with improved quality of production. The major advantage of smart fertilizers is that they can be modified and designed to release pesticides and nutrients at fixed intervals, reducing the need for water by farms. Similarly, precision agriculture technologies help farmers monitor crop status and help deploy components when needed, reducing the wastage of water in the farmland.
The increasing prevalence of droughts across the globe is among the biggest challenges for farmers across the globe, which reduced the total agricultural production, and also reduced the quality of crops. The use of smart fertilizers, embedded with the precision farming technique is expected to boost the crop yield while reducing the usage of water. The National Integrated Drought Information System of the US government stated that in September 2023, about 31.7% of the total US land was affected by drought. The organization further stated that about 15.1% of the total area was affected by an abnormally dry category of drought, whereas moderate drought was prevalent in about 12.1% of the area. Severe and Extreme drought was affected in 10.2% and 6.9% of the land respectively, whereas exceptional drought was prevalent in 2.5% of the total affected land.
Figure 1: Categories of Drought-Affected in USA, Percentage, September 2023
Source: National Integrated Drought Information System
2. Increase in the popularity of sustainable agriculture
Similarly, the growth in sustainable agricultural activities across the globe is also expected to expand the market demand for smart fertilizers in the precision agricultural sector. The use of precision agricultural techniques, allows the farmers to integrate new technologies, and procedures as per the change in the environmental conditions. Precision farming integrated with smart fertilizers, also helps in reducing the cost of agricultural operations, as it reduces the use of components used for farming, like reducing labor costs, and fertilizers costs. It also improves the sustainability of the farmland by reducing the use of water in agricultural areas.
With the decrease in global agricultural land, the demand for more sustainable farming techniques, which can offer an improved yield of the crops, is expected to grow. The United States Department of Agriculture (USDA) in its report stated that the total number of farms and farmlands in the US has witnessed a constant decline, over the past few years, with an increase in the demand for agricultural products. The organization stated that in 2021, the nation had 1,959,550 farms, which reduced to 1,900,650 farms in 2022, and 1,894,950 in 2023. Similarly, the total land in farms also decreased from 888,800 thousand acres in 2021 to 879,660 thousand acres in 2022. In 2023, the total area of farmland in the nation was recorded at 878,560 thousand acres.
Key Developments
In April 2024, Nitricity Inc., a global producer of nitrogen fertilizers, announced the launch of its field trial of its new low-emission, climate-smart nitrogen fertilizer, on the almond trees in California.
In conclusion, the application of smart fertilizers in global precision agriculture offers multiple benefits to the farmers, as it helps in improving the yield of the crops, and also reduces the operation cost of the agricultural activities. Smart fertilizers also reduced the use of fertilizers in the sector, while offering a greater production and quality of crops compared to traditional fertilizers.
Organizations are financially motivated to securely share their internal data through data monetization. It establishes the financial framework for an ecosystem of open data sharing, presenting new business prospects to companies in a range of industries. Companies can safely build rapidly expanding data-as-a-service (DaaS) businesses by sharing data by privacy and data protection regulations. In addition to maximizing the value of currently available resources, this approach safeguards the original data rights holder and fosters innovation and better decision-making. In the end, companies that carefully consider data monetization can strike a balance between financial gain and wider social advantages, enhancing their competitiveness and building long-term trust.
Organizations have begun to recognize data monetization as a crucial approach towards enhancing earnings, promoting innovation and staying ahead of competitors. Organizations can harness their data assets to produce rich products, services, and insights, and ultimately achieve tangible business results with the help of Machine Learning Models and Artificial Intelligence. However, strategic supplier selection, tools, and data management techniques are just as important to the success of data monetization initiatives as advanced analytics and AI technologies. Furthermore, seamless data accessibility and business continuity depend on having a strong data lake.
Moreover, in an organization, every department has requirements for data and data democratization ensures that every data requirement is met. On the other hand, Data monetization is more focused on making use of data for turning into cash. Data democratization refers to the provision of data to organizational employees regardless of the level of technical knowledge possessed by the employees, based on which decisions are made at all levels. For instance. research published by the Harvard Business Review reports that 91% of all the respondents considered it helpful to their companies to democratize data and analytic tools. When data is accessible to a larger segment of the organization, the rate of innovation is higher and the quality of the decisions made by teams is superior. Silos are broken down by this democratization, which guarantees that data is no longer solely the purview of IT departments or data scientists but rather that sales, marketing, product development, and even customer support teams can use it as a resource. Additionally, the increased use of online transactions and increased use of the internet for using all these services is also increasing the role of AI in generating revenue for many businesses.
Figure 1: Number of Internet Users, Global, in Billions, 2022 to 2023
Source: International Telecommunication Union
However, the role of AI and machine learning in data monetization for revenue generation are as follows:
Advanced data analytics
Predictive and prescriptive analysis
Personalization scale
AI-powered data products and services
Real-time decision making
Data security and privacy
Let’s discuss each one in detail.
1. Advanced data analytics
It is a central feature of AI and ML that allows them to contribute to the monetization of data through data analysis. It is often more beneficial to use AI and ML algorithms in processing large and complex datasets than conventional methods. Hence, they tend to find correlations, trends, and patterns that heavy volumes of data contain, which human analysts would not even dream possible.
Using historical sales data, consumer behaviour, and seasonal trends predictors can also help store owners ascertain customer purchasing habits in the future. This helps the companies to fine-tune their supply chains and make better projections on inventory which in the long run helps increase their sales revenue.
2. Predictive and prescriptive analysis
AI and ML not only enable just descriptive analytics but prescriptive and predictive analytics as well. By predictive analytics which studies the current observations and historical data to make forecasts about the future, businesses can know what their clients would like, understand the market landscape, and how to avoid crises.
Moreover, banks use predictive modelling to help control risky behaviours such as fraud before they occur, thus limiting overall losses. Predictive analysis deals with predictions and forecasts and prescriptive analysis provides a tangible explanation of why one should make a choice. For purposes of illustration, a pricing algorithm may suggest the most profitable price positions and strategies depending on the current state of the market.
3. Personalization scale
One of the most significant advantages of AI and ML in data monetization is the capability to create unique experiences for each consumer at scale. Personalized content, targeted advertisements, or tailored-driven product suggestions are only some of the services offered to consumers in today’s world.
Machine learning detection occurs, which causes them to provide extremely specific suggestions even when the user is simply looking for a book. For example, a service like Netflix will analyze you as a viewer to offer suggestions based on viewers like you, rather than suggesting a random collection of features.
Further, just as machine learning here analyzes user behaviour within an application, identifying and suggesting relevant content to the user, which in turn increases the time and engagement of the user within the application. In addition to increasing sales, this personalized approach also enhances satisfaction and loyalty towards the company.
4. AI-powered data products and services
The advent of artificial intelligence and machine learning has been fast-tracking the emergence of new data products and services for the market. An example would be the AI-as-a-Service ( AIaaS ) model, whereby companies can offer businesses with AI models, tools and other solutions. Typically, such platforms are built in such a way that enables the users to enjoy the machine learning technologies without the need to have an internal expert.
Furthermore, companies are also able to build data-centric offerings such as, but not limited to, automated trading systems, smart chatbots, and predictive maintenance solutions and sell them under a subscription model. In this case, the existing data assets gain enhanced value while new streams of revenue are also established.
5. Real time decision making
The new age of human computing powered by technologies like Artificial Intelligence and machine learning is making it possible for organizations to rely on live data feeds for almost instant decision-making. This is essential, especially in industries like finance where every single activity including trading or even spotting a fraud takes place in seconds.
AI models within this context can execute decision-making processes, reduce the incidence of human error and also take advantage of data-driven opportunities by performing on-the-spot analysis. For example, funds hedge via AI algorithms to monitor thousands of market data points per second before placing a trade and profiting from market movement. Moreover, real-time AI-powered insights are also applicable in dynamic pricing viability where organizations change their prices based on competitors’ prices, the stock or the level of demand at that instant. This approach enables firms to realize more profits by making sure that the appropriate product is available at the exact time needed.
6. Data security and privacy
Machine learning algorithms, for instance, can be employed to prevent and detect cyber threats in computer networks by monitoring and identifying reactive behaviours that may indicate a possible infiltration. Furthermore, companies can also leverage AI technologies to help protect sensitive data by enabling data masking without impeding the generation of critical information.
In conclusion, The strategies that businesses deploy to monetize data generated by their operations are changing significantly due to the emergence of adaptable and flexible Artificial Intelligence and Machine Learning technologies. Companies can extract more value from their data resources through the deployment of AI for advanced analytics, personalization, real time responses, and new data product developments among other aspects. However to successfully integrate this new strategy in business operations, within the overarching strategy of the organization, several challenges have to be addressed we can refer to these as barriers to data monetization, these include issues relating to data quality, data privacy, cost and lack of proficiency. As the field of AI and ML grows, the scope for development and growth in data monetization will widen, transforming the sectors as well as the economy in the process.
https://www.knowledge-sourcing.com/resources/wp-content/uploads/2024/09/data-monetization-market.webp5191000Gaurav Singhhttps://www.knowledge-sourcing.com/resources/wp-content/uploads/2023/02/Printable-Resolution-big-300x78.pngGaurav Singh2024-09-25 05:59:222024-09-25 06:18:59Data Monetization: The Role of AI and Machine Learning in Creating New Revenue
The automotive cybersecurity market is expected to grow at a CAGR of 21.79% during the forecasted period, with a market valuation of US$4.431 billion in 2024, and is expected to reach US$11.874 billion by 2029.
The rapid expansion of vehicle connectivity presents numerous opportunities for cutting-edge new features and enticing business plans. With time, cyberattacks that target networks involved with automobile production are becoming common occurrences. Cyber-attacks have led to decreased trustworthiness and safety of cars leading to monetary losses as well.
Recently, autonomous vehicles have advanced significantly with the integration of technologies such as edge computing, private 5G, machine learning, artificial intelligence, and high-performance processing units. To lower latency and allow cars to make decisions based on data in real time, edge computing helps autonomous EVs manage a lot of data at the edge.
Furthermore, because of the technologies that are being adopted, it is essential that manufacturers and suppliers in the automotive sector follow the regulations set forth by the National Highway Traffic Safety Administration (NHTSA) and give vehicle cyber security top priority. Another aspect of making vehicle cyber security a high priority is establishing internal procedures and policies to guarantee systems will be secure in anticipated real-world circumstances, including the presence of potential vehicle cyber security threats. The field of automotive cyber security is always in transition and is anticipated to alter frequently.
Numerous cyber security concerns affect the world of car manufacturing. A car’s enhanced driver assistance and safety systems may be hijacked by hackers or may also be made worse than that, they may change any mechanized characteristics just to provoke an accident. In a bid to counteract the escalation of cyber-attacks on electric cars, cybersecurity specialists are reporting their findings on inserting protection devices into the. With the development of self-driving software and hardware features, incorporating a defence mechanism becomes an essential design component.
Using a cloud platform, standard technology is used to link autonomous cars to the internet. It is risky to connect cars to the networks. As more vehicles are connected to the networks, the attack surface increases. Nowadays, there is an increase in the installation of software and sensors for use in cars. More than 150 sensing devices scattered throughout the vehicle are used by connected cars to collect data. It can track everything, including the location of the vehicle and the driving habits of the user.
The automotive cybersecurity market, by service, is divided into two types- In-vehicle service and external cloud service. In-vehicle-connected services are technologies that allow connections between internal systems in the vehicle and external systems or remote systems. Due to its mobile connectivity, the most connected gadget in a modern car. As consumer expectations and demands have increased, automakers have had to adjust, resulting in ever-more-advanced technologies.
Furthermore, the growth of external cloud services is outpacing that of cloud infrastructure and frameworks due to their advancement. Considering the volume of data generated by automated cars, cloud services offer a very dependable technology. Furthermore, cloud technology will accelerate the rate of information exchange as more cars and devices become cloud-connected.
The automotive cybersecurity market, by offering, is divided into two types: Software and hardware. As the automotive industry grows, vehicles will support more complex use cases for wireless communication. For this reason, it will be crucial to think about building protected wireless technology based on a strong equipment foundation and software layers created to secure software development methodologies.
The automotive cybersecurity market, by type, is divided into three types: Endpoint, wireless, and application. Automotive specialists can concurrently monitor hundreds of data channels during test runs due to the Wi-Fi-based wireless system, which allows them to track vehicle operational factors and modify the test as it is being conducted. A modern vehicle contains multiple networks for information sharing, including wireless channels, to support a variety of application scenarios.
Moreover, mobile applications that facilitate a seamless user interface and owner experience are now frequently offered by automakers. Numerous features are available with these programs, such as wireless car starting, advanced inspections, and fuel level monitoring. Furthermore, the creation of new mobile applications has benefited automobile owners in several ways.
The automotive cybersecurity market, by application, is divided into six types: ADAS and safety, infotainment, powertrain systems, body control and comfort, communication systems, and others. It is projected that the market for safety systems and ADAS will expand at a remarkable rate. With the help of ADAS technology, cars may act like drivers by keeping an eye on the weather, identifying objects on the road, and making decisions in real-time to increase safety. Automatic clutch control, driver monitoring, front pedestrian recognition, and collision avoidance are a few instances of ADAS capabilities.
With the market for autonomous driving technology developing at a rapid pace, there will likely be a greater need for a continuous connection between the vehicle’s electronic control unit (ECU) and multiple cloud services that improve sensor processing and subsequently vehicle navigation.
During the projected timeframe, it is anticipated that the market for automotive cybersecurity will experience remarkable growth within North America. The automotive cybersecurity market will receive a significant contribution from North America. Just like in the US, the region has a vibrant automotive sector characterized by sophisticated automobiles. There exist partnerships between car manufacturers in this region and high-tech devices such as infotainment systems, telematics and autonomous driving features. At present, automobile security is among the best options to incorporate into vehicles on account of data protection and safe driving. On account of these technologies, many cyber threats can be found targeting vehicles on the road.
The research includes several key players from the automotive cybersecurity market, such as Vector Informatik GmbH, NXP Semiconductors, HARMAN International, Broadcom, DENSO CORPORATION., Honeywell International Inc., GUARDKNOX, AT&T, Intel Corporation, and Aptiv.
The long fiber thermoplastics market is expected to grow at a CAGR of 8.47% during the forecasted period (2024-2029).
This market is expected to grow because of the increasing demand from the automotive industry for long-fiber thermoplastics. Furthermore, long fiber thermoplastics are superior to metal and conventional thermoplastics in end-use industries due to their many advantages including high strength, durability, toughness, fatigue endurance and lightweight nature. Growing Awareness about fiber reinforced thermoplastic resins with qualities like toughness, flexibility, durability and thermal resistance is expected to increase demand for various long fiber thermoplastic varieties in future years.
The growth in the car businesses will probably sustain a larger market share of long fibre thermoplastics since their demand is on the rise. In addition, when used within sectors like these, long fiber thermoplastics have more advantages than metals and traditional thermoplastics. Some of them include high strength, toughness, low density, fatigue resistance and many other factors that make it hard enough for those kinds of jobs. Over the next few years, increased demand for fiber reinforced thermoplastic resins’ properties such as toughness, flexibility durability and heat resistance will serve to increase sales of different types of long-fiber thermoplastics.
The long fiber thermoplastics market, by resin type, is divided into four types- Polypropylene, polyamide, polybutylene terephthalate, and others. Forecasted growth for the polypropylene type with the fastest growth is expected in the homopolymer segment. A basic type of polypropylene resin is known to be polypropylene homopolymer, which has one monomer of propylene joined together in a straight line. It grows faster than any other type of polypropylene thus holding the largest share in the world market. The rise in demand for homopolymer polypropylene in end-user applications such as packaging, medical, automotive, electrical and electronics, as well as building and construction works contributes towards this development trend. Among them are some advantages that can be derived from non-covalently bonded polypropylene homopolymers: These offer resistance to staining caused by various types of chemicals like acid or alkalies alongside lower moisture absorption rates and better tensile strength.
The long fiber thermoplastics market, by end-user industry, is divided into six types- Automotive, aerospace, electrical and electronics, buildings & constructions, sporting equipment, and others. For LFTs the use of metal in structural and semi-structural parts, for instance, instrument panels, door modules, front-end modules, and under body shields is often required since they provide exceptional weight optimization and fuel savings whenever they are used. The increased usage of LFTs is driven by rising demand for small lightweight narrowly framed cars and commercial vehicles. This is because LFTs enable strong but lightweight component designs. There has also been a rising interest especially in Europe in recovering recyclable materials from automobile structures prompting mono-material use of LFTs such as LGFRP. On account of increasing need for long-lasting materials that meet industry standards as well as reduced environmental pollution from industrial production processes the consumption of LFTs will increase in the near future.
During the projected timeframe, it is anticipated that the market for long fiber thermoplastics will experience remarkable growth within Asia Pacific. It is projected that long-fiber thermoplastics will have their most significant usage in the Asia-Pacific region during this forecast period because of its widening opportunities. In terms of competition, China, Japan and South Korea are all players that drive up the demand for LFTs within the region. In this sense, China appears to be poised to show the biggest regional increases. This could be attributed to a rising market for electric vehicles and the consequent need for lightweight automotive parts. Additionally, there is an expanding middle class in the region whose incomes are also on the rise thus benefitting automobile industry as well as other industries associated with it. As such, it leaves room for more durable household appliances and consumer goods made from long fiber thermoplastics.
The research includes several key players from the long fiber thermoplastics market, such as Asahi Kasei Corporation, BASF SE, Celanese Corporation, Daicel Corporation, GS Caltex Corporation, LANXESS, Mitsui Chemicals Inc., Avient Corporation, Polygram Group, SABIC, and SGL Carbon.
https://www.knowledge-sourcing.com/resources/wp-content/uploads/2024/09/long-fiber-thermoplastics-market.webp5191000Gaurav Singhhttps://www.knowledge-sourcing.com/resources/wp-content/uploads/2023/02/Printable-Resolution-big-300x78.pngGaurav Singh2024-09-23 11:00:132024-09-23 12:51:15Long Fiber Thermoplastics Market is projected to grow at a CAGR of 8.47%
The foam protective packaging market is expected to grow at a CAGR of 3.95% during the forecasted period, with a market valuation of US$9,155.353 million in 2024, and is expected to reach US$11,112.123 million by 2029.
Foam-protective packaging is a type of packaging solution that protects important and sensitive materials during the shipping and storage process in warehouses. The foam has the capacity to absorb shock and vibrations, while the cushion component also helps the product to remain stable while being shipped. This packaging material is used in various industries such as consumer goods, automotive, aerospace, and pharmaceuticals.
The global foam protective packaging market is estimated to witness a significant expansion of its market demand, majorly with the growth of the electronics and consumer electronics industry, and advancements in packaging technologies. Various companies, across the globe, introduced various projects and investments, to expand their market share in the foam protective packaging market. For instance, in May 2024, Specialized Packaging Group, a global leader that offers innovative packaging solutions, announced its acquisition of Clark Foam, which is among the market leaders in designing and fabrication of foam products. With the acquisition, the Specialized Packaging Group aims to boost its foam protective packaging market at the global level.
Similarly, in February 2024, the Pregis, in collaboration with ExxonMobil, a global oil and gas corporation, introduced a new circular innovation, to the PE Foam solutions. The company, with the introduction of new foam technology, with Exxon’s advanced recycling technology, aims to provide a sustainable foam packaging solution to consumers, across the globe.
The material type segment of the foam protective packaging market is categorized into polystyrene, polyethylene, neoprene, and urethane. Under the material type segment of the global foam packaging market, the polyethylene category is estimated to attain a greater market share during the forecasted timeline. The polyethylene material, which is also known as beaded foam, is a thermoplastic resin, which has been melted and cooled to form various shapes. Polyethylene is a lightweight and durable material, and it also offers improved cushioning and shock absorption.
The foam protective packaging market, by application, is segmented into cushioning, wrapping, blocking, and void filling. The wrapping category, of the application segment of the global foam protective packaging market. The wrapping of foam packaging application of foam packaging is used across multiple industries like electronics, pharmaceuticals, automotive, and other similar industries. This application is majorly used to act as the protective layer over the products.
The foam protective packaging market, by end-user, is segmented into electronics, pharmaceuticals, automotive, and others. Under the end-user segment of the foam protective packaging market, the electronics sector is estimated to grow significantly, pushing the growth of the foam protective packaging market. In the electronics industry, foam protective packaging materials are used to offer safety and security to the various key components of the electronics products. The foam packaging is also used during the safe transportation of raw materials across the industry.
Based on geography, the Asia Pacific region of the foam protective packaging market is expected to grow significantly, as the region offers a growing industrial landscape. Countries like India, China, Japan, Taiwan, and Malaysia are among the biggest producers of medical products in the globe. The region is also among the fastest-growing pharmaceutical industry across the globe. The government in the region like India, Japan, China, and Malaysia also introduces multiple incentives and subsidies to boost the growth of the medical infrastructure in the region. Similarly, the region is also the biggest producer of consumer and electronics products, which offers multiple applications of foam protective packaging.
The research includes several key players from the foam protective packaging market, such as DRB Packaging, Sonoco Products Company, Armstrong Brands Inc., Pregis Corporation, Tucson Container Corp., Volk Packaging Corporation, Rogers Foam Corporation, Wisconsin foam products, UFP Technologies Inc., Total Pack, and Sealed Air Corporation.
The thermoplastic polyurethane (TPU) films market is expected to grow at a CAGR of 6.3% during the forecasted period (2024-2029).
The thermoplastic polyurethane (TPU) films market is anticipated to grow owing to its multitude of uses in varied industries. The increasing need for TPU films across the electronics, automotive and even medical fields, where its outstanding properties like transparency, elasticity and resistance to wear are applied, are amongst the factors responsible for driving this growth. Moreover, changes in TPU film manufacturing processes and a shift by consumers towards eco-friendly materials are also expected to boost their demand.
A major factor predicted to propel the growth rate of TPU films includes the enlargement of the automobile production sector because these would find application areas like airbags, door panels, acoustic panels and anti-vibration panels. Therefore, given this growth rate in the automotive industry, it can be said that they serve as the main user of these types of plastics; hence creating opportunities for manufacturers who deal with them.
Additionally, the demand for TPU films is increased by a consistent increase in sales to the recreational sports sector, particularly in hats, socks, and shoes. Thanks to their exceptional qualities, TPU films are progressively making an appearance in the manufacturing of breathable shoes, headgear, and socks. The movies reflect how clothing can control wetness and maintain comfort for the skin during sports activities. The case corresponds particularly to sportsmen, who, for instance, have to wear clothing of the highest quality that can withstand their physical exertion during competitions.
The Thermoplastic Polyurethane (TPU) films market, by chemical class, is divided into three types- Polyester, polyether, and polycaprolactone. The expected annual growth rate of the polyester category in the thermoplastic polyurethane (TPU) films market is estimated to be the highest compared to other ranges during the forecast period. The polyester TPU films are therefore ideal for use in a variety of applications due to their exceptional flexibility, hardness, tensile strength, and high abrasion resistance. This is due to the ongoing demand for polyester TPU films in footwear, sports equipment, and textile applications—all of which are predicted to see faster growth rates shortly.
Moreover, polyester TPU films are used in the textile industry to make relevant products like outdoor apparel and canopy equipment, as well as clothing that is resistant to moisture. Moreover, a rise in the frequency of recreational sports participation and the need for clothing appropriate for elite competition further expand the use of polyester TPU films in this market.
The Thermoplastic Polyurethane (TPU) films market, by end-user industry, is divided into five types- Footwear and apparel, medical supplies, sports equipment, building and construction, and others. The demand for thermoplastic polyurethane films is increasingly found in the garments and footwear industry, these TPU films are utilized in the creation of premium shoes and garments because of their numerous advantages. These films perform admirably in terms of flexibility and abrasion and tear resistance, which is crucial for applications requiring a robust and cosy product. TPU films are used to create fabric for the insole and outsole of footwear, which improves the functionality of outdoor gear and athletic apparel by allowing for breathability and preventing moisture buildup. Similarly, TPU films are used in clothing to create fabrics with UV protection, stretchability, and fit recovery capabilities.
The adoption of TPU films in sportswear shoes and apparel has been fueled by lifestyle sporting and the use of sustainable material to achieve enhanced high-stature performance. The market is also being driven by the development of leisure sports and the need for a fabric that is both breathable and long-lasting to support athletes during their competition.
During the projected timeframe, it is anticipated that the market for Thermoplastic Polyurethane (TPU) films will experience remarkable growth within Asia Pacific. The demand for eco-friendly materials is expected to be driven by the presence of several countries in the Asia Pacific region, which together account for significant production capacities and are expected to drive the region’s growth during the forecast period.
Moreover, this dominance is a result of the numerous Asian nations, particularly China and Japan, which have raised the market demand for TPU films. Its segmental aspects of the emerging infrastructure industries in the region, like building and construction, will aid in the market’s development. Additionally, there has been a boom in the majority of industries, especially in the automotive sector, regarding the use of lightweight materials, which TPU films can accommodate.
The research includes several key players from the Thermoplastic Polyurethane (TPU) films market, such as 3M, BASF SE, American Polyfilm Inc., Avery Dennison Corporation, Covestro AG, Ding Zing Advanced Materials Inc., Gerlinger Industries GmbH, Huntsman International LLC, Okura Industries Co. Ltd, Permali Gloucester Ltd, RTP Company, Schweitzer-Mauduit International Inc., The Lubrizol Corporation, Wanhua.
https://www.knowledge-sourcing.com/resources/wp-content/uploads/2024/09/thermoplastic-polyurethane-tpu-films-market.webp5191000Gaurav Singhhttps://www.knowledge-sourcing.com/resources/wp-content/uploads/2023/02/Printable-Resolution-big-300x78.pngGaurav Singh2024-09-19 08:11:512024-09-25 06:11:13Thermoplastic Polyurethane (TPU) Films Market is projected to grow at a CAGR of 6.3%
The Japanese government in April 2022 set a goal for the 5G ecosystem, according to which 99% of the population is anticipated to be serviced by 5G networks by the end of the fiscal year 2030. The Ministry of Internal Affairs and Communications (MIC) is the leading organization for overseeing this objective getting fulfilled. The MIC had granted NTT Docomo, KDDI au, SoftBank, and a more recent newcomer, Rakuten Mobile, access to the country’s 5G spectrum in 2019 for the construction of 5G networks. These four mobile network operators began offering 5G commercial service in all prefectures by the end of March 2021. By 2022, more than 20,000 mmWave gNodeBs have been installed among the nation’s four main carriers, and more are obligated to the Japan Ministry of Internal Affairs and Communications and will be installed by the beginning of 2024.
According to a survey conducted by Cyber Creative Institute in April 2021, NTT DOCOMO is ranked third globally in terms of the number of 5G essential patents, while Japan is ranked second by nationality among the top 10 nations. According to this analysis, NTT DOCOMO tops the list of international telecom carriers. About 15% of the standard necessary 5G patents are held by Japanese companies; however, an MNO, NTT DOCOMO, controls about 11.4% of the total, followed by Sharp Corporation with 3.2% and NEC Corporation with 1.2% share.
Japanese Companies Share of Standard Essential Patents for 5G
The Global System for Mobile Communications Associationreported that Japan permits operators to install 5G base stations atop traffic lights, hastening the rollout of 5G across the country. When micro cells are put in place and network density is increased, 21 higher-capacity use cases can develop. According to GSMA APAC 5G Forum, the penetration of 5G connections in Japan is anticipated to increase from 153% in 2021 to 154% in 2025. The percentage of 5G smartphone adoptions is anticipated to rise from 71% in 2021 to 81% in 2025, and the 5G subscriber penetration is predicted to increase from 87% in 2021 to 88% in 2025. The same source has also reported the technology mix share of 5G in the country to be 12% in 2021 which is anticipated to increase to 68% by 2024.
Japan Technology Mix, %, 2021 and 2025
Source: GSMA APAC 5G Forum
The four major 5G network carriers in Japan are anticipated to invest a significant sum, to the tune of $14 billion, to expand the 5G network in the country. This covers base stations, servers, and fiber optic investments. By 2025, NTT Docomo plans to spend over $7 billion to extend its network to 97% of the country’s populated areas, KDDI plans to spend over $4 billion to accomplish the same for about 93% of the population, Softbank plans to spend over $1.9 billion in order to reach nearly 64% of the population, and Rakuten Mobile plans to spend over $1.8 billion to do the same for roughly 56% of the population.
Number of 5G Base Stations in Japan, 2020 to 2023
Source: MIC, Japan
Planned 5G Base Stations in Japan by 2025
Company
Planned 3.7/4.5 GHz spectrum base stations by 2025
Planned 28 GHz base stations by 2025
NTT Docomo
8001
5001
KDDI au
30107
12756
SoftBank
7355
3855
Rakuten Mobile
15787
7948
Total
=SUM(ABOVE) 61250
=SUM(ABOVE) 29560
Source: MIC, Japan
For instance, according to the integrated report 2020, NTT Docomo sought to develop a fast, large-capacity 5G network across the country, fully utilizing new frequency bands, in order to create new value. In FY2020, 500 cities will be covered by the 5G network. With a target of installing 10,000 5G base stations by June 2021 and 20,000 5G base stations by March 2022, NTT Docomo invested a total of 1 trillion yen in the building of the 5G network between FY2019 and FY2023.
Although macrocells are used in 5G networks, the advent of higher spectrum bands would require denser network deployments in order to serve increased traffic volumes, hence the deployment of small cells would be crucial. The deployment of 5G will be made much easier by streamlining the small cell deployment procedure. For the same, Japan has allowed operators to mount 5G base stations atop traffic signals since 2022, which has accelerated 5G deployments throughout the nation as reported by GMSA. Higher-capacity use cases will be able to thrive as tiny cells are deployed and network density is enhanced.
Further, in order to meet the different needs of communication carriers and companies in the 5G era, DOCOMO collaborated with 12 global suppliers to advance open radio access networks (Open RAN), which enable flexible network development, and develop them abroad into the “5G Open RAN Ecosystem. In order to support NTT DOCOMO’s Open Radio Access Network (Open RAN) expansion plans, Samsung Electronics announced in November 2022 that provide a range of 5G radios, including 3.7 GHz, 4.5 GHz, and 28 GHz, to its existing 3.4 GHz radio. These radios will cover the entire Time Division Duplex (TDD) spectrum bands held by the operator. In order to advance 5G commercial services, NTT DOCOMO, INC. and Korean telecom operator SK Telecom (SKT) agreed to work together regarding the technology for telecommunications infrastructure. The use of millimeter-wave technology, energy-efficient networks, open RAN/vRAN, and 5G Stand Alone is some of the specific technical topics that will be taken into account.
Moreover, in August 2022, Nokia announced the launch of an Industrial 5G field router that supports the local band and is approved for the Japanese market, and is expanding its industrial portfolio of ruggedized devices. Japan’s asset-intensive businesses will be able to use the field router to take advantage of dedicated coverage and capacity using the recently announced 5G n79 band or other 4.9G/LTE spectrum bands for local networks. Greater operational flexibility will help ports, manufacturers, energy, transportation, storage, and logistics businesses adapt to the needs of a market that is changing quickly.
The 5G operators in the country have launched standalone networks to enable design simplicity, boost security, and save costs. In addition to enabling customization, 5G standalone is anticipated to create new service and income options for users. For instance, in August 2022, NTT DOCOMO, Inc. unveiled the first commercial 5G Standalone network in the world, also known as 5G NR Dual Connectivity, letting smartphones simultaneously use mid-band (sub-6 GHz) and mmWave frequencies (NR-DC). The Qualcomm wireless technology business, which was eager to demonstrate that smartphones running on its Snapdragon 8 Gen 1 platform can utilize the full speed of the new network, collaborated on the announcement. Users of the Sharp AQUOS R7, Samsung Galaxy S22, Samsung Galaxy S22 Ultra, or Sony’s Xperia 1 IV, which are all equipped with the Snapdragon® 8 Gen 1 Mobile Platform and the Snapdragon X65 5G Modem-RF System, are already experiencing download speeds of up to 4.9 Gbps and upload speeds of up to 1.1 Gbps, even in congested areas.
Additionally, the introduction of a 5G MEC (Multi-access Edge Computing) site in the Kanto region and the nationwide deployment of MEC servers in Japan were both announced by SoftBank Corporation in May 2022. SoftBank 5G MEC provides a low-latency, high-quality (low-jitter), and highly secure service experience using 5G SA (5G Stand Alone) commercial services. SoftBank is anticipated to address social issues and progress the industry as a digital platform provider in the Beyond 5G future by fostering the digital transformation (DX) of diverse industries and reaching Digital Twin*2.
Although 5GC software is essential for managing cell phone networks, domestic production and cost control are continuous issues that prevent associated technologies, including private 5G, from becoming a reality. To accomplish this, the University of Tokyo, Internet Initiative Japan, APRESIA, and Fujitsu Limited in November 2022, created open-source software for the Private 5G Mobile System, bringing the 5G core network (5GC), the essential component of the 5G mobile networks, to domestic production. The partners’ initiative was carried out as a component of NEDO’s Research and Development Project of the Feasibility Study of Enhanced Infrastructures for Post-5G Information and Communication Systems. As a result, 5G base stations and terminal equipment produced by each company will be integrated with the 5GC technology created through this project to provide solutions for private 5G networks that will be continually released by APRESIA and Fujitsu. Using the 5GC and the public 5G networks that IIJ offers as a mobile virtual network operator (MVNO) through roaming, IIJ will also encourage the creation of communication services that can utilize a variety of private 5G networks.
The 5G launch has provided a number of new options for smartphone makers due to rising consumer and app developer demand. With the help of the Internet of Things, 5G technology has enabled extremely fast speeds as well as a plethora of new applications. Customers of 5G devices in Japan have access to a variety of mmWave devices, including high-end smartphones from Apple, Samsung, Sony, Sharp Corporation, Fujitsu, and Google, as well as substantial carrier momentum for the technology. A number of new 5G devices launches have been announced by the major players. For instance, for the Japanese market, Samsung unveiled a new version of the Galaxy A23 5G in November 2022, which features a smaller screen, a MediaTek Dimensity 700 chipset, and an IP68 rating. It has a 5.8-inch TFT LCD with HD+ resolution and a waterdrop notch for its 5 MP selfie camera. In February 2022, Panasonic Corporation announced to introduction of new “TOUGHBOOK” rugged tablet “FZ-G2 series” and rugged PC “CF-33 series” models that are appropriate for outdoor and harsh situations for domestic enterprises.
Due to pressure from important stakeholders, including shareholders and customers, operators across the nation are moving more quickly toward more environmentally friendly operations. For instance, NTT Docomo and NTT Anode Energy Corp. inked a power purchase agreement (PPA) in March 2022 that was connected to a recently built solar power plant.
The cellular infrastructure in Japan is one of the most sophisticated in the world. The introduction of the 5G ecosystem in the nation has further improved communication thanks to a quicker network, improved signal strength, minimal latency, seamless connectivity, and quick data speeds. Massive machine-type communication (mMTC) is a feature of 5G that enables tens of billions of network-capable devices to connect wirelessly which benefits various end-user industries. The rising use of connectivity, internet applications, and new product launches have all contributed to the growth of companies in the 5G device market in Japan. Additionally, major 5G network carriers’ investments to upgrade current infrastructure for 5G, including base stations, modems, towers, and other supporting infrastructure, have accelerated the development of the 5G ecosystem in the nation. Furthermore, as the deployment of 5G technology has received encouraging signals, the rise of the 5G ecosystem is anticipated to create substantial prospects for different stakeholders.
https://www.knowledge-sourcing.com/resources/wp-content/uploads/2023/01/Exploring_the_5G_Ecosystem.jpg308386adminhttps://www.knowledge-sourcing.com/resources/wp-content/uploads/2023/02/Printable-Resolution-big-300x78.pngadmin2024-09-18 12:50:302025-04-22 14:01:14The Development of 5G Ecosystem in Japan: A Road to Better Connectivity
Silicon carbide is a compound which is made up of silicon and carbon that are famously recognized for their high strength and ability to conduct heat. The industry is being transformed by silicon carbide (SiC) because of its many advantages; this has caused a change in the design and manufacture of electronic devices. Thus, this exceptionally performing wide band gap semiconductor is creating waves within multiple sectors including telecommunications, energy and automotive sectors. An exposition of unique attributes of silicon carbide including current applications will be provided in this article with an emphasis on how it has been able to disrupt the semiconductor industry.
A boom in demand for power electronics from several industries such as automotive, aerospace and energy has made the silicon carbide market for semiconductors grow at a notable rate. The rising utilization of renewable energy sources and electric vehicles is increasing demand for SiC semiconductors, where demand for power conversion and control devices is growing. There are also other factors promoting the growth of this market including better energy efficiency, improved switching speeds as well as smaller and lighter systems offered by SiC semiconductors.
Advanced power modules, radio frequency devices and LED lighting systems are in high demand this is why markets are expanding, because despite cutting carbon emissions as well as improving energy efficiency through silicon carbide adoption; semiconductor sales rose. For example, the second quarter of 2024 recorded global semiconductor sales of $149.9 billion with an increase of 18.3% compared to that of the same period in 2023. In May 2024 there was a 1.7% growth from a previous figure of $49.1 billion, bringing it up to what amounted to $50 billion.
Figure 1: Global Semiconductor Sales, in USD Billions, May to June 2024
Source: Semiconductor Industry Association
Silicon carbide is revolutionizing the semiconductor market in the following ways:
Growing Demand for Electric Vehicles
Rapid Expansion in Renewable Energy
Advancements in Power Electronics
Increasing Focus on Energy Efficiency
Emergence of 5G Technology
Focus on Miniaturization and Integration
Increasing Investments in SiC Manufacturing
Let’s discuss each one in detail.
1. Growing Demand for Electric Vehicles
Global Electric Vehicle (EV) availability is impacted by increasing environmental awareness and reduction of carbon emissions These cars prefer SiC power electronics owing to their ability to withstand high heat and voltage levels leading to better performance for electric vehicles. Due to this fast growth in the electric car industry, it is expected that demand for Sic semiconductors will continue increasing.
With its wide bandgap of 2.3–3.3 eV, silicon carbide can resist much higher voltages and temperatures than ordinary silicon does. Therefore, SiC-based components can operate well in extremely stressed environments such as EV powertrains. Due to superior thermal conductivity, SiC facilitates the elimination of heat in a more efficient manner than silicon, which is about three to four times greater. In high-power applications such as inverters and chargers for electric vehicles (EVs) where operating conditions are very harsh, this characteristic is vital for thermally managing loads.
Overall SiC devices exhibit greater efficiency owing to faster switching rates as well as lower conduction losses. This kind of efficiency is crucial for EVs because how effectively energy is used will directly impact their range and performance.
2. Rapid Expansion in Renewable Energy
Silicon carbide (SiC) is revolutionizing the way energy is produced, utilized, and controlled thus tremendous advancements are made in renewable energy. Furthermore, silicon carbide has extraordinary characteristics such as wide bandgap, high thermal conductivity, and high breakdown voltage which allow renewable energy systems to tackle significant challenges. The silicon carbide benefits, utilization, and prospects of transforming the semiconductor industry in renewable energy are covered in this article.
In addition, SiC has a thermal conductivity that is approximately three to four times that of silicon. Consequently, SiC-based components can dissipate heat more effectively; this is important for high-power applications such as power converters and inverters in terms of reliability and performance. Power conversion systems for renewable energy applications have their efficiency significantly improved with SiC-based devices. As such, there is improved energy utilization and a decline in energy wastage. Moreover, the ability of metals’ high breakdown voltages and thermal conductivities will improve the performance and reliability of power electronic devices. Therefore, this leads to a steady and efficient operation regarding renewable energy systems.
3. Advancements in Power Electronics
The semiconductor market for power electronics is experiencing a transformation due to silicon carbide’s unparalleled performance, efficiency and heat management ability. The advantages of silicon carbide at high frequencies and powers are causing significant changes in terms of the operations and designs of power electronic systems. Owing to the ever-enhancing modes of production and advancements in technology, SiC is anticipated to gain a central role in contemporary electric power devices, stimulating more innovations while assisting reliable and efficient electronic systems. Various areas of silicon carbide will be greatly enhanced by continued progress in its technology e.g. energy conversion or industrial automation, among others.
4. Increasing Focus on Energy Efficiency
Currently, energy efficiency is the most urgent issue globally and silicon carbide (SiC) has brought about considerable changes in the semiconductor industry. The increase in environmental problems and global electricity demand urges more consumption of electronic systems which are energy conserving. Silicon Carbide (SiC) is a unique material that enhances energy efficiency across different sectors like consumer machines, industrial machines and others. The high efficiency of SiC devices and their rapid switching speeds produce significant reductions in energy losses during power conversion. As a result, operating costs can be reduced while energy is used more efficiently. In addition, silicon carbide (SiC) devices with high breakdown voltages and better heat dissipation increase electronic systems’ overall efficiency. This change will help cut down wastage and maximize power consumption.
5. Emergence of 5G Technology
The introduction of 5G technology has led to an increased demand for high-performance electronic components that can operate at higher frequencies. Because of their ability to function at higher frequencies and temperature ranges, SiC semiconductors are ideal for implementation in 5G base stations and other fast communication systems. The manufacturers of SiC semiconductors will have new ventures across the world as 5g networks come into place.
6. Focus on Miniaturization and Integration
Fewer power loss from heat dissipation and accessibility to tiny electronic systems will cause significant popularity of SiC semiconductors resulting in high thermal conductivity and switching speed. This is a sub-field of semiconductor materials we can call Mecha-electron. In addition, they can be produced as dies or two-dimensional films thanks to various fabrication techniques including epitaxial growth and molecular beam epitaxy. However, this technology is still in the early stages compared with Gallium arsenide gyrotron devices which operate at the 3 THz range. Concerning power electronics there are good prospects for silicon carbide because it has got high critical voltage levels, high breakdown electric fields due to its wide energy band gap plus excellent thermal conductivities.
7. Increasing Investments in SiC Manufacturing
Higher levels of investment in R&D and production facilities are necessitated by increased demand for SiC-based semiconductors silicon carbide (SiC), this has been shown by the major concerns available today within the information technology sector which include but are not limited to laser machining systems used for example in cutting precious metals such as gold, laser welding systems used for thick plate welding etc. Major manufacturers such as STMicroelectronics, Infineon Technologies AG or NXP Semiconductors N.V. are entering into partnerships with local firms to set up plants dedicated to developing and producing these products hence widening market opportunities.
In conclusion, the semiconductor industry is about to be revolutionized by silicon carbide’s incomparable performance characteristics. These are high-power, high-frequency and high-temperature applications, which made them so popularly accepted among many people. The expanding field of technology and production methods has led to the development of Silicon Carbide (SiC), making it more than just a component in any modern electronic system, but rather a core necessity. The inception of SiC in semiconductor industries will usher in innovation revolutionizing electronics as they are known today.
https://www.knowledge-sourcing.com/resources/wp-content/uploads/2024/09/silicon-carbide-market.webp5191000Gaurav Singhhttps://www.knowledge-sourcing.com/resources/wp-content/uploads/2023/02/Printable-Resolution-big-300x78.pngGaurav Singh2024-09-18 06:12:042024-09-18 06:26:19How Silicon Carbide is Revolutionizing the Semiconductor Market
The Future of Agriculture: How Hybrid Seeds Are Transforming Crop Yields
BlogHybrid Seeds: Driving Agricultural Innovation and Global Food Security:
Hybrid seeds are increasingly popular all over the world because they have a faster maturing time as compared to traditional or Open-Pollinated Variety (OPV) seeds. These seeds originated from controlled cross-pollination of two varieties within the same species of plant, which promotes amplification of qualities with major attributes such as higher yield, uniformity in plants, and better quality, which results in disease resistance. Heirloom Seeds are the seeds that come from open-pollinated plants pollinated by natural mechanisms such as wind, insects, and birds. These seeds will become the parent plant and can reproduce true to form, resulting in a seed with the same characteristics as their parents, but they may have high genetic diversity. They are generally more difficult to grow compared to hybrid seeds, specifically because of their intermediate days. Hybridization techniques are utilized to attain the sustainable development goals of food security and nutrition.
Hybrid seeds give farmers high yields, and fruits can be matured easily by drought resistance, pest resistance, and fast breeding improvement. Which works in supporting agricultural land management better. Hybrid seeds provide high-quality seeds combined with tractors, and advanced technology has entirely upended how agriculture has always worked and the lives of farmers changed a lot as they started to earn from the lands. Farmers are also increasing the cultivation area due to the rapid growth of population, and are also moving towards hybrid seeds to increase production.
Moreover, hybrid seeds are rejuvenating crop yields and altering plant attributes to satisfy the ever-increasing need for global food production. Not only can they provide substantially increased productivity and improved resistance to disease, but they can readily adapt to changing environmental conditions relating to climate change, which ensures food security. The Food and Agriculture Organization of the United Nations reported that world agricultural production would need to rise to 14,060 trillion crop calories to feed 9.7 billion people globally by 2050 under medium-population expansion. To remain within the bounds of a higher-population growth scenario, there would be the requirement to be 15,410 trillion crop calories available to feed the equivalent of 10.8 billion people in 2050, which is estimated to be a 61 percent increase in calories compared with 2011 necessities. Thus, with the boom in the global population, the pressure on agricultural systems will continuously get higher, which necessitates increased crop yield, leading to increased utilization of hybrid crops.
Figure 1: Increase in Requirement of Crop Calories Globally Under Different Population Growth Scenarios, in Trillion, in 2050
Source: Food and Agriculture Organization of the United Nations
According to the Federation of Seed Industry of India (FSII), thus far, the farmer community in the country stands to have benefited increasingly due to an increased availability and adoption of improved hybrids, leading to excellent results. Over the past few years, hybrids have become more mainstream, with tomatoes seeing a jump of 40%, brinjal by 82%, cabbage by 68.6 %, and okra by 10%. Given this, the government is also stepping in through policy reforms and subsidies for the promotion of hybrid seeds, which has led to increased productivity and profitability for farmers as well as mutual benefit to both consumers and farmers. Further, crop demand is rising as health concerns grow and in response to consumers making healthier dietary shifts by moderately increasing the consumption of fresh fruits, vegetables, and other crops. The future option is hybrid seed crossing for quality and profit in the global agriculture sector.
In addition, there is a growing trend towards the uptake of improved hybrid seeds across much of the developing world because they are faster maturing than traditional seeds. This is leading to a rise in major agri-based companies investing in advancing and developing hybrid seeds. For instance, Ankur Seeds released GMS-based ‘Indian Bean (Dolichos) Hybrids’ known as Dolichos, which is a world-first, to facilitate the stable productivity and yield of vegetables in May 2022. Synthesizing the best of both worlds, the company utilized customized solutions in combination with local biodiversity to develop high-yielding protein-rich Indian bean hybrids. Farmers all over the globe are looking for alternatives towards sustainable agriculture, feeling that hybrid crops are a preventive action on how they can compete in this edge world to secure their survival. Ankur Seeds is developing new and innovative solutions in hybrid crop varieties to assist the farmers around the globe.
There are increasing research studies by organizations aimed at better production of hybrid seeds as well as overhauling agriculture. Rising innovation of these varieties by researchers provides direction for smart breeding and recognizing its effective traits. This leads to a reduction of the environmental impact of hybrid seed production by enabling genomic information for predictive analytics For instance, the ICAR-All India Coordinated Research Project on Pearl millet identified and recommended 206 hybrids and 66 varieties for cultivation in different agroecological regions of the country. Pearl millet is the lead crop to set global minimum levels of micronutrient content for eligibility in the promotion criteria of crops.
Key Developments:
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Biomethane Market size worth US$6.36 billion by 2029
Press ReleasesThe biomethane market is expected to grow at a CAGR of 7.79% during the forecasted period, with a market valuation of US$4.371 billion in 2024, and is expected to reach US$6.36 billion by 2029.
The biomethane market is driven by strict government policies, increasing investment in renewable energy, and rising enhancement in sustainability and environmentally friendly products.
As per the report, the biomethane market is expected to grow significantly.
Biomethane is a renewable energy gas created from biogas, a blend of methane, carbon monoxide, and hydrogen, created through an anaerobic digestion process of organic matter such as food residues, manure, and sewage sludge. Upgrading biogas to biomethane includes removing pollutants to extend methane substance, compared to natural gas. This filtered methane can be utilized as transportation fuel, heating, or power generation. Biomethane is renewable, cleaner, and economical, assisting sustainability by using waste and diminishing dependence on fossil fuels. It is a practical elective for fossil fuels in the coming years. The biomethane market is encountering noteworthy growth due to different variables such as rising preference for biomethane as an alternative to fossil fuels, and aligning with global endeavors to moderate climate change and greenhouse gas emissions. It can moreover improve energy independence, fortify the country’s financial advancement, and produce income for agriculturists, districts, and businesses who are involved in biomethane production. Technological progressions to produce cost-effective biogas, coupled with government policies and initiatives, such as tax relief, will further contribute to the rising utilization of biomethane by various industries in the coming years fueling the market growth. For example, in April 2024, Air Liquide increased its biomethane production capacity in the U.S. with the development of two new facility units in Pennsylvania, and Michigan region. These units treat dairy farm squander, advancing a circular economy path. Also, these units will produce biogas from manure feedstock in an anaerobic digester, with an overall generation capacity of 74 GWh.
Based on the feedstock, the biomethane market is categorized into animal manure, organic household, energy crops, sewage sludge, and others. Energy crops are anticipated to essentially contribute to the development of the biomethane market due to their huge production, high yield, cultivating land availability, and supportive government schemes. These energy crops, like, sunflower, sorghum, palm, and soybean, are grown for biomethane generation, guaranteeing a reliable and steady supply. Furthermore, numerous districts globally have reasonable land for the cultivation of this crop, making it a feasible and productive alternative.
The biomethane market based on the production process is divided into anaerobic digestion, pyrolysis, and gasification. Anaerobic digestion is the foremost broadly utilized method for creating biomethane, with its productivity, versatility, and environmental advantages. It can handle different organic feedstocks, including agricultural squander, food preparation waste, and wastewater treatment. Anaerobic digestion can be executed on small and large scales, making it reasonable for different applications. Further, it decreases greenhouse gas emissions thus anticipated to contribute to the market in the coming years
The biomethane market based on the production application is classified into automotive, power generation, and others. Automotive is anticipated to be primarily fueling biomethane market expansion during the forecasted years due to its being practically a cleaner elective to fossil fuels, offering automotive compatibility, and being backed by government initiatives. The transportation segment, which majorly adds to greenhouse gas emissions, can benefit from biomethane since bioethane vehicles produce less emissions in comparison to traditional fossil fuel-powered automobiles.
The biomethane market has developed substantially in the Asia Pacific region due to various factors. The Asian Pacific region encompasses a considerable supply of organic and agricultural waste, which is employed to fulfill rising energy necessities due to fast economic advancement and urbanization. Governments are implementing policies and initiatives in support of biomethane generation. The developing countries in the region are focusing on sustainable and low-carbon emission alternatives to reduce the impact on climate and the environment, which will lead to a shifting preference toward biomethane among regional businesses, promoting market growth.
The biomethane market is supported by key players such as EnviTec Biogas AG, AB HOLDING SPA, Ecofinity, Orbital Gas System, Future Biogas Limited, PlanET Biogas Group, ETW Energietechnik GmbH, Verbio, Veolia Group, and Air Liquide Energies.
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Market Segmentation:
This analytics report segments the biomethane market on the following basis:
How Smart Fertilizers Are Revolutionizing Precision Agriculture
Thought ArticlesA smart fertilizer can be described as a type of bio-composed nanomaterial, which contains nutrients and has the capability to release those components on demand by the farmers. The smart fertilizers allow a controlled deployment of nutrients and other composites to the soil. Smart fertilizers allow farmers to control various factors related to the release of nutrients, like timing of deployment, rate, and duration of nutrient release. Similarly, precision agriculture is referred to as the science which helps to improve the yield of the crops, while maintaining the sustainability of the farm activity. Precision agriculture uses multiple technologies, like sensors, and analysis tools to offer assistance to the farmers, in improving the yield of the crops, using lower fertilizers, and other composites.
The smart fertilizers generally consist of nano-fertilizers, in the form of powder or liquid, and are delivered to the plants as per the command. These nano-fertilizers involve the synthesis of nutrients at the nanoscale and offer multiple benefits like increased crop yield, and cost-efficiency. These types of fertilizers are also one of the most sustainable fertilizing solutions, which are drought resistant. The smart fertilizers offer several benefits to the farmers in increasing the crop quality and yield. The nutrient release timing of these smart fertilizers can be modified to suit different categories of crops, and it also offers adaptive features to improve the yield. Smart fertilizers also offer a lower environmental impact and cost efficiency.
Precision agriculture is among the latest concepts in the agricultural industry, which aims to improve the sustainability and yield of the agricultural sector, with the use of technologies. Precision agriculture helps farmers to reduce operational costs, by reducing the use of multiple agricultural components, like fertilizers, water, and labor costs. The introduction of smart fertilizers in the precision agriculture sector is estimated to revolutionize the global agricultural sectors. In the global agricultural sector, multiple technologies of precision agriculture, like sensors, can control the deployment of fertilizers, boosting the yield of the crops.
The use of smart fertilizers in the precision agricultural sector is sure to offer greater benefits to the farmers, as compared to the traditional system. Some of the key applications of smart fertilizers in the precision agriculture sectors are as follows:
1. Offers improved results even in drought-like scenarios.
One of the major benefits of smart fertilizers in the global precision agriculture market is their improved and wide-range application in the regions which generally have lower availability of water for farming. Precision agriculture, with the integration of smart fertilizers, offers a much lower consumption of water when compared to the traditional farming categories, and it offers greater crop yield with improved quality of production. The major advantage of smart fertilizers is that they can be modified and designed to release pesticides and nutrients at fixed intervals, reducing the need for water by farms. Similarly, precision agriculture technologies help farmers monitor crop status and help deploy components when needed, reducing the wastage of water in the farmland.
The increasing prevalence of droughts across the globe is among the biggest challenges for farmers across the globe, which reduced the total agricultural production, and also reduced the quality of crops. The use of smart fertilizers, embedded with the precision farming technique is expected to boost the crop yield while reducing the usage of water. The National Integrated Drought Information System of the US government stated that in September 2023, about 31.7% of the total US land was affected by drought. The organization further stated that about 15.1% of the total area was affected by an abnormally dry category of drought, whereas moderate drought was prevalent in about 12.1% of the area. Severe and Extreme drought was affected in 10.2% and 6.9% of the land respectively, whereas exceptional drought was prevalent in 2.5% of the total affected land.
Figure 1: Categories of Drought-Affected in USA, Percentage, September 2023
Source: National Integrated Drought Information System
2. Increase in the popularity of sustainable agriculture
Similarly, the growth in sustainable agricultural activities across the globe is also expected to expand the market demand for smart fertilizers in the precision agricultural sector. The use of precision agricultural techniques, allows the farmers to integrate new technologies, and procedures as per the change in the environmental conditions. Precision farming integrated with smart fertilizers, also helps in reducing the cost of agricultural operations, as it reduces the use of components used for farming, like reducing labor costs, and fertilizers costs. It also improves the sustainability of the farmland by reducing the use of water in agricultural areas.
With the decrease in global agricultural land, the demand for more sustainable farming techniques, which can offer an improved yield of the crops, is expected to grow. The United States Department of Agriculture (USDA) in its report stated that the total number of farms and farmlands in the US has witnessed a constant decline, over the past few years, with an increase in the demand for agricultural products. The organization stated that in 2021, the nation had 1,959,550 farms, which reduced to 1,900,650 farms in 2022, and 1,894,950 in 2023. Similarly, the total land in farms also decreased from 888,800 thousand acres in 2021 to 879,660 thousand acres in 2022. In 2023, the total area of farmland in the nation was recorded at 878,560 thousand acres.
Key Developments
In conclusion, the application of smart fertilizers in global precision agriculture offers multiple benefits to the farmers, as it helps in improving the yield of the crops, and also reduces the operation cost of the agricultural activities. Smart fertilizers also reduced the use of fertilizers in the sector, while offering a greater production and quality of crops compared to traditional fertilizers.
Data Monetization: The Role of AI and Machine Learning in Creating New Revenue
Thought ArticlesOrganizations are financially motivated to securely share their internal data through data monetization. It establishes the financial framework for an ecosystem of open data sharing, presenting new business prospects to companies in a range of industries. Companies can safely build rapidly expanding data-as-a-service (DaaS) businesses by sharing data by privacy and data protection regulations. In addition to maximizing the value of currently available resources, this approach safeguards the original data rights holder and fosters innovation and better decision-making. In the end, companies that carefully consider data monetization can strike a balance between financial gain and wider social advantages, enhancing their competitiveness and building long-term trust.
Organizations have begun to recognize data monetization as a crucial approach towards enhancing earnings, promoting innovation and staying ahead of competitors. Organizations can harness their data assets to produce rich products, services, and insights, and ultimately achieve tangible business results with the help of Machine Learning Models and Artificial Intelligence. However, strategic supplier selection, tools, and data management techniques are just as important to the success of data monetization initiatives as advanced analytics and AI technologies. Furthermore, seamless data accessibility and business continuity depend on having a strong data lake.
Moreover, in an organization, every department has requirements for data and data democratization ensures that every data requirement is met. On the other hand, Data monetization is more focused on making use of data for turning into cash. Data democratization refers to the provision of data to organizational employees regardless of the level of technical knowledge possessed by the employees, based on which decisions are made at all levels. For instance. research published by the Harvard Business Review reports that 91% of all the respondents considered it helpful to their companies to democratize data and analytic tools. When data is accessible to a larger segment of the organization, the rate of innovation is higher and the quality of the decisions made by teams is superior. Silos are broken down by this democratization, which guarantees that data is no longer solely the purview of IT departments or data scientists but rather that sales, marketing, product development, and even customer support teams can use it as a resource. Additionally, the increased use of online transactions and increased use of the internet for using all these services is also increasing the role of AI in generating revenue for many businesses.
Figure 1: Number of Internet Users, Global, in Billions, 2022 to 2023
Source: International Telecommunication Union
However, the role of AI and machine learning in data monetization for revenue generation are as follows:
Let’s discuss each one in detail.
1. Advanced data analytics
It is a central feature of AI and ML that allows them to contribute to the monetization of data through data analysis. It is often more beneficial to use AI and ML algorithms in processing large and complex datasets than conventional methods. Hence, they tend to find correlations, trends, and patterns that heavy volumes of data contain, which human analysts would not even dream possible.
Using historical sales data, consumer behaviour, and seasonal trends predictors can also help store owners ascertain customer purchasing habits in the future. This helps the companies to fine-tune their supply chains and make better projections on inventory which in the long run helps increase their sales revenue.
2. Predictive and prescriptive analysis
AI and ML not only enable just descriptive analytics but prescriptive and predictive analytics as well. By predictive analytics which studies the current observations and historical data to make forecasts about the future, businesses can know what their clients would like, understand the market landscape, and how to avoid crises.
Moreover, banks use predictive modelling to help control risky behaviours such as fraud before they occur, thus limiting overall losses. Predictive analysis deals with predictions and forecasts and prescriptive analysis provides a tangible explanation of why one should make a choice. For purposes of illustration, a pricing algorithm may suggest the most profitable price positions and strategies depending on the current state of the market.
3. Personalization scale
One of the most significant advantages of AI and ML in data monetization is the capability to create unique experiences for each consumer at scale. Personalized content, targeted advertisements, or tailored-driven product suggestions are only some of the services offered to consumers in today’s world.
Machine learning detection occurs, which causes them to provide extremely specific suggestions even when the user is simply looking for a book. For example, a service like Netflix will analyze you as a viewer to offer suggestions based on viewers like you, rather than suggesting a random collection of features.
Further, just as machine learning here analyzes user behaviour within an application, identifying and suggesting relevant content to the user, which in turn increases the time and engagement of the user within the application. In addition to increasing sales, this personalized approach also enhances satisfaction and loyalty towards the company.
4. AI-powered data products and services
The advent of artificial intelligence and machine learning has been fast-tracking the emergence of new data products and services for the market. An example would be the AI-as-a-Service ( AIaaS ) model, whereby companies can offer businesses with AI models, tools and other solutions. Typically, such platforms are built in such a way that enables the users to enjoy the machine learning technologies without the need to have an internal expert.
Furthermore, companies are also able to build data-centric offerings such as, but not limited to, automated trading systems, smart chatbots, and predictive maintenance solutions and sell them under a subscription model. In this case, the existing data assets gain enhanced value while new streams of revenue are also established.
5. Real time decision making
The new age of human computing powered by technologies like Artificial Intelligence and machine learning is making it possible for organizations to rely on live data feeds for almost instant decision-making. This is essential, especially in industries like finance where every single activity including trading or even spotting a fraud takes place in seconds.
AI models within this context can execute decision-making processes, reduce the incidence of human error and also take advantage of data-driven opportunities by performing on-the-spot analysis. For example, funds hedge via AI algorithms to monitor thousands of market data points per second before placing a trade and profiting from market movement. Moreover, real-time AI-powered insights are also applicable in dynamic pricing viability where organizations change their prices based on competitors’ prices, the stock or the level of demand at that instant. This approach enables firms to realize more profits by making sure that the appropriate product is available at the exact time needed.
6. Data security and privacy
Machine learning algorithms, for instance, can be employed to prevent and detect cyber threats in computer networks by monitoring and identifying reactive behaviours that may indicate a possible infiltration. Furthermore, companies can also leverage AI technologies to help protect sensitive data by enabling data masking without impeding the generation of critical information.
In conclusion, The strategies that businesses deploy to monetize data generated by their operations are changing significantly due to the emergence of adaptable and flexible Artificial Intelligence and Machine Learning technologies. Companies can extract more value from their data resources through the deployment of AI for advanced analytics, personalization, real time responses, and new data product developments among other aspects. However to successfully integrate this new strategy in business operations, within the overarching strategy of the organization, several challenges have to be addressed we can refer to these as barriers to data monetization, these include issues relating to data quality, data privacy, cost and lack of proficiency. As the field of AI and ML grows, the scope for development and growth in data monetization will widen, transforming the sectors as well as the economy in the process.
Automotive Cybersecurity Market size worth US$11.874 billion by 2029
Press ReleasesThe automotive cybersecurity market is expected to grow at a CAGR of 21.79% during the forecasted period, with a market valuation of US$4.431 billion in 2024, and is expected to reach US$11.874 billion by 2029.
The rapid expansion of vehicle connectivity presents numerous opportunities for cutting-edge new features and enticing business plans. With time, cyberattacks that target networks involved with automobile production are becoming common occurrences. Cyber-attacks have led to decreased trustworthiness and safety of cars leading to monetary losses as well.
Recently, autonomous vehicles have advanced significantly with the integration of technologies such as edge computing, private 5G, machine learning, artificial intelligence, and high-performance processing units. To lower latency and allow cars to make decisions based on data in real time, edge computing helps autonomous EVs manage a lot of data at the edge.
Furthermore, because of the technologies that are being adopted, it is essential that manufacturers and suppliers in the automotive sector follow the regulations set forth by the National Highway Traffic Safety Administration (NHTSA) and give vehicle cyber security top priority. Another aspect of making vehicle cyber security a high priority is establishing internal procedures and policies to guarantee systems will be secure in anticipated real-world circumstances, including the presence of potential vehicle cyber security threats. The field of automotive cyber security is always in transition and is anticipated to alter frequently.
Numerous cyber security concerns affect the world of car manufacturing. A car’s enhanced driver assistance and safety systems may be hijacked by hackers or may also be made worse than that, they may change any mechanized characteristics just to provoke an accident. In a bid to counteract the escalation of cyber-attacks on electric cars, cybersecurity specialists are reporting their findings on inserting protection devices into the. With the development of self-driving software and hardware features, incorporating a defence mechanism becomes an essential design component.
Using a cloud platform, standard technology is used to link autonomous cars to the internet. It is risky to connect cars to the networks. As more vehicles are connected to the networks, the attack surface increases. Nowadays, there is an increase in the installation of software and sensors for use in cars. More than 150 sensing devices scattered throughout the vehicle are used by connected cars to collect data. It can track everything, including the location of the vehicle and the driving habits of the user.
The automotive cybersecurity market, by service, is divided into two types- In-vehicle service and external cloud service. In-vehicle-connected services are technologies that allow connections between internal systems in the vehicle and external systems or remote systems. Due to its mobile connectivity, the most connected gadget in a modern car. As consumer expectations and demands have increased, automakers have had to adjust, resulting in ever-more-advanced technologies.
Furthermore, the growth of external cloud services is outpacing that of cloud infrastructure and frameworks due to their advancement. Considering the volume of data generated by automated cars, cloud services offer a very dependable technology. Furthermore, cloud technology will accelerate the rate of information exchange as more cars and devices become cloud-connected.
The automotive cybersecurity market, by offering, is divided into two types: Software and hardware. As the automotive industry grows, vehicles will support more complex use cases for wireless communication. For this reason, it will be crucial to think about building protected wireless technology based on a strong equipment foundation and software layers created to secure software development methodologies.
The automotive cybersecurity market, by type, is divided into three types: Endpoint, wireless, and application. Automotive specialists can concurrently monitor hundreds of data channels during test runs due to the Wi-Fi-based wireless system, which allows them to track vehicle operational factors and modify the test as it is being conducted. A modern vehicle contains multiple networks for information sharing, including wireless channels, to support a variety of application scenarios.
Moreover, mobile applications that facilitate a seamless user interface and owner experience are now frequently offered by automakers. Numerous features are available with these programs, such as wireless car starting, advanced inspections, and fuel level monitoring. Furthermore, the creation of new mobile applications has benefited automobile owners in several ways.
The automotive cybersecurity market, by application, is divided into six types: ADAS and safety, infotainment, powertrain systems, body control and comfort, communication systems, and others. It is projected that the market for safety systems and ADAS will expand at a remarkable rate. With the help of ADAS technology, cars may act like drivers by keeping an eye on the weather, identifying objects on the road, and making decisions in real-time to increase safety. Automatic clutch control, driver monitoring, front pedestrian recognition, and collision avoidance are a few instances of ADAS capabilities.
With the market for autonomous driving technology developing at a rapid pace, there will likely be a greater need for a continuous connection between the vehicle’s electronic control unit (ECU) and multiple cloud services that improve sensor processing and subsequently vehicle navigation.
During the projected timeframe, it is anticipated that the market for automotive cybersecurity will experience remarkable growth within North America. The automotive cybersecurity market will receive a significant contribution from North America. Just like in the US, the region has a vibrant automotive sector characterized by sophisticated automobiles. There exist partnerships between car manufacturers in this region and high-tech devices such as infotainment systems, telematics and autonomous driving features. At present, automobile security is among the best options to incorporate into vehicles on account of data protection and safe driving. On account of these technologies, many cyber threats can be found targeting vehicles on the road.
The research includes several key players from the automotive cybersecurity market, such as Vector Informatik GmbH, NXP Semiconductors, HARMAN International, Broadcom, DENSO CORPORATION., Honeywell International Inc., GUARDKNOX, AT&T, Intel Corporation, and Aptiv.
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The analytics report categorizes the automotive cybersecurity market using the following criteria:
Segmentation:
Long Fiber Thermoplastics Market is projected to grow at a CAGR of 8.47%
Press ReleasesThe long fiber thermoplastics market is expected to grow at a CAGR of 8.47% during the forecasted period (2024-2029).
This market is expected to grow because of the increasing demand from the automotive industry for long-fiber thermoplastics. Furthermore, long fiber thermoplastics are superior to metal and conventional thermoplastics in end-use industries due to their many advantages including high strength, durability, toughness, fatigue endurance and lightweight nature. Growing Awareness about fiber reinforced thermoplastic resins with qualities like toughness, flexibility, durability and thermal resistance is expected to increase demand for various long fiber thermoplastic varieties in future years.
The growth in the car businesses will probably sustain a larger market share of long fibre thermoplastics since their demand is on the rise. In addition, when used within sectors like these, long fiber thermoplastics have more advantages than metals and traditional thermoplastics. Some of them include high strength, toughness, low density, fatigue resistance and many other factors that make it hard enough for those kinds of jobs. Over the next few years, increased demand for fiber reinforced thermoplastic resins’ properties such as toughness, flexibility durability and heat resistance will serve to increase sales of different types of long-fiber thermoplastics.
The long fiber thermoplastics market, by resin type, is divided into four types- Polypropylene, polyamide, polybutylene terephthalate, and others. Forecasted growth for the polypropylene type with the fastest growth is expected in the homopolymer segment. A basic type of polypropylene resin is known to be polypropylene homopolymer, which has one monomer of propylene joined together in a straight line. It grows faster than any other type of polypropylene thus holding the largest share in the world market. The rise in demand for homopolymer polypropylene in end-user applications such as packaging, medical, automotive, electrical and electronics, as well as building and construction works contributes towards this development trend. Among them are some advantages that can be derived from non-covalently bonded polypropylene homopolymers: These offer resistance to staining caused by various types of chemicals like acid or alkalies alongside lower moisture absorption rates and better tensile strength.
The long fiber thermoplastics market, by end-user industry, is divided into six types- Automotive, aerospace, electrical and electronics, buildings & constructions, sporting equipment, and others. For LFTs the use of metal in structural and semi-structural parts, for instance, instrument panels, door modules, front-end modules, and under body shields is often required since they provide exceptional weight optimization and fuel savings whenever they are used. The increased usage of LFTs is driven by rising demand for small lightweight narrowly framed cars and commercial vehicles. This is because LFTs enable strong but lightweight component designs. There has also been a rising interest especially in Europe in recovering recyclable materials from automobile structures prompting mono-material use of LFTs such as LGFRP. On account of increasing need for long-lasting materials that meet industry standards as well as reduced environmental pollution from industrial production processes the consumption of LFTs will increase in the near future.
During the projected timeframe, it is anticipated that the market for long fiber thermoplastics will experience remarkable growth within Asia Pacific. It is projected that long-fiber thermoplastics will have their most significant usage in the Asia-Pacific region during this forecast period because of its widening opportunities. In terms of competition, China, Japan and South Korea are all players that drive up the demand for LFTs within the region. In this sense, China appears to be poised to show the biggest regional increases. This could be attributed to a rising market for electric vehicles and the consequent need for lightweight automotive parts. Additionally, there is an expanding middle class in the region whose incomes are also on the rise thus benefitting automobile industry as well as other industries associated with it. As such, it leaves room for more durable household appliances and consumer goods made from long fiber thermoplastics.
The research includes several key players from the long fiber thermoplastics market, such as Asahi Kasei Corporation, BASF SE, Celanese Corporation, Daicel Corporation, GS Caltex Corporation, LANXESS, Mitsui Chemicals Inc., Avient Corporation, Polygram Group, SABIC, and SGL Carbon.
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The analytics report categorizes the long-fiber thermoplastics market using the following criteria:
Segmentation:
Foam Protective Packaging Market size worth US$11,112.123 million by 2029
Press ReleasesThe foam protective packaging market is expected to grow at a CAGR of 3.95% during the forecasted period, with a market valuation of US$9,155.353 million in 2024, and is expected to reach US$11,112.123 million by 2029.
Foam-protective packaging is a type of packaging solution that protects important and sensitive materials during the shipping and storage process in warehouses. The foam has the capacity to absorb shock and vibrations, while the cushion component also helps the product to remain stable while being shipped. This packaging material is used in various industries such as consumer goods, automotive, aerospace, and pharmaceuticals.
The global foam protective packaging market is estimated to witness a significant expansion of its market demand, majorly with the growth of the electronics and consumer electronics industry, and advancements in packaging technologies. Various companies, across the globe, introduced various projects and investments, to expand their market share in the foam protective packaging market. For instance, in May 2024, Specialized Packaging Group, a global leader that offers innovative packaging solutions, announced its acquisition of Clark Foam, which is among the market leaders in designing and fabrication of foam products. With the acquisition, the Specialized Packaging Group aims to boost its foam protective packaging market at the global level.
Similarly, in February 2024, the Pregis, in collaboration with ExxonMobil, a global oil and gas corporation, introduced a new circular innovation, to the PE Foam solutions. The company, with the introduction of new foam technology, with Exxon’s advanced recycling technology, aims to provide a sustainable foam packaging solution to consumers, across the globe.
The material type segment of the foam protective packaging market is categorized into polystyrene, polyethylene, neoprene, and urethane. Under the material type segment of the global foam packaging market, the polyethylene category is estimated to attain a greater market share during the forecasted timeline. The polyethylene material, which is also known as beaded foam, is a thermoplastic resin, which has been melted and cooled to form various shapes. Polyethylene is a lightweight and durable material, and it also offers improved cushioning and shock absorption.
The foam protective packaging market, by application, is segmented into cushioning, wrapping, blocking, and void filling. The wrapping category, of the application segment of the global foam protective packaging market. The wrapping of foam packaging application of foam packaging is used across multiple industries like electronics, pharmaceuticals, automotive, and other similar industries. This application is majorly used to act as the protective layer over the products.
The foam protective packaging market, by end-user, is segmented into electronics, pharmaceuticals, automotive, and others. Under the end-user segment of the foam protective packaging market, the electronics sector is estimated to grow significantly, pushing the growth of the foam protective packaging market. In the electronics industry, foam protective packaging materials are used to offer safety and security to the various key components of the electronics products. The foam packaging is also used during the safe transportation of raw materials across the industry.
Based on geography, the Asia Pacific region of the foam protective packaging market is expected to grow significantly, as the region offers a growing industrial landscape. Countries like India, China, Japan, Taiwan, and Malaysia are among the biggest producers of medical products in the globe. The region is also among the fastest-growing pharmaceutical industry across the globe. The government in the region like India, Japan, China, and Malaysia also introduces multiple incentives and subsidies to boost the growth of the medical infrastructure in the region. Similarly, the region is also the biggest producer of consumer and electronics products, which offers multiple applications of foam protective packaging.
The research includes several key players from the foam protective packaging market, such as DRB Packaging, Sonoco Products Company, Armstrong Brands Inc., Pregis Corporation, Tucson Container Corp., Volk Packaging Corporation, Rogers Foam Corporation, Wisconsin foam products, UFP Technologies Inc., Total Pack, and Sealed Air Corporation.
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This analytics report segments the hair growth supplements market as follows:
Thermoplastic Polyurethane (TPU) Films Market is projected to grow at a CAGR of 6.3%
Press ReleasesThe thermoplastic polyurethane (TPU) films market is expected to grow at a CAGR of 6.3% during the forecasted period (2024-2029).
The thermoplastic polyurethane (TPU) films market is anticipated to grow owing to its multitude of uses in varied industries. The increasing need for TPU films across the electronics, automotive and even medical fields, where its outstanding properties like transparency, elasticity and resistance to wear are applied, are amongst the factors responsible for driving this growth. Moreover, changes in TPU film manufacturing processes and a shift by consumers towards eco-friendly materials are also expected to boost their demand.
A major factor predicted to propel the growth rate of TPU films includes the enlargement of the automobile production sector because these would find application areas like airbags, door panels, acoustic panels and anti-vibration panels. Therefore, given this growth rate in the automotive industry, it can be said that they serve as the main user of these types of plastics; hence creating opportunities for manufacturers who deal with them.
Additionally, the demand for TPU films is increased by a consistent increase in sales to the recreational sports sector, particularly in hats, socks, and shoes. Thanks to their exceptional qualities, TPU films are progressively making an appearance in the manufacturing of breathable shoes, headgear, and socks. The movies reflect how clothing can control wetness and maintain comfort for the skin during sports activities. The case corresponds particularly to sportsmen, who, for instance, have to wear clothing of the highest quality that can withstand their physical exertion during competitions.
The Thermoplastic Polyurethane (TPU) films market, by chemical class, is divided into three types- Polyester, polyether, and polycaprolactone. The expected annual growth rate of the polyester category in the thermoplastic polyurethane (TPU) films market is estimated to be the highest compared to other ranges during the forecast period. The polyester TPU films are therefore ideal for use in a variety of applications due to their exceptional flexibility, hardness, tensile strength, and high abrasion resistance. This is due to the ongoing demand for polyester TPU films in footwear, sports equipment, and textile applications—all of which are predicted to see faster growth rates shortly.
Moreover, polyester TPU films are used in the textile industry to make relevant products like outdoor apparel and canopy equipment, as well as clothing that is resistant to moisture. Moreover, a rise in the frequency of recreational sports participation and the need for clothing appropriate for elite competition further expand the use of polyester TPU films in this market.
The Thermoplastic Polyurethane (TPU) films market, by end-user industry, is divided into five types- Footwear and apparel, medical supplies, sports equipment, building and construction, and others. The demand for thermoplastic polyurethane films is increasingly found in the garments and footwear industry, these TPU films are utilized in the creation of premium shoes and garments because of their numerous advantages. These films perform admirably in terms of flexibility and abrasion and tear resistance, which is crucial for applications requiring a robust and cosy product. TPU films are used to create fabric for the insole and outsole of footwear, which improves the functionality of outdoor gear and athletic apparel by allowing for breathability and preventing moisture buildup. Similarly, TPU films are used in clothing to create fabrics with UV protection, stretchability, and fit recovery capabilities.
The adoption of TPU films in sportswear shoes and apparel has been fueled by lifestyle sporting and the use of sustainable material to achieve enhanced high-stature performance. The market is also being driven by the development of leisure sports and the need for a fabric that is both breathable and long-lasting to support athletes during their competition.
During the projected timeframe, it is anticipated that the market for Thermoplastic Polyurethane (TPU) films will experience remarkable growth within Asia Pacific. The demand for eco-friendly materials is expected to be driven by the presence of several countries in the Asia Pacific region, which together account for significant production capacities and are expected to drive the region’s growth during the forecast period.
Moreover, this dominance is a result of the numerous Asian nations, particularly China and Japan, which have raised the market demand for TPU films. Its segmental aspects of the emerging infrastructure industries in the region, like building and construction, will aid in the market’s development. Additionally, there has been a boom in the majority of industries, especially in the automotive sector, regarding the use of lightweight materials, which TPU films can accommodate.
The research includes several key players from the Thermoplastic Polyurethane (TPU) films market, such as 3M, BASF SE, American Polyfilm Inc., Avery Dennison Corporation, Covestro AG, Ding Zing Advanced Materials Inc., Gerlinger Industries GmbH, Huntsman International LLC, Okura Industries Co. Ltd, Permali Gloucester Ltd, RTP Company, Schweitzer-Mauduit International Inc., The Lubrizol Corporation, Wanhua.
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The analytics report categorizes the Thermoplastic Polyurethane (TPU) films market using the following criteria:
Segmentation:
The Development of 5G Ecosystem in Japan: A Road to Better Connectivity
Thought ArticlesThe Japanese government in April 2022 set a goal for the 5G ecosystem, according to which 99% of the population is anticipated to be serviced by 5G networks by the end of the fiscal year 2030. The Ministry of Internal Affairs and Communications (MIC) is the leading organization for overseeing this objective getting fulfilled. The MIC had granted NTT Docomo, KDDI au, SoftBank, and a more recent newcomer, Rakuten Mobile, access to the country’s 5G spectrum in 2019 for the construction of 5G networks. These four mobile network operators began offering 5G commercial service in all prefectures by the end of March 2021. By 2022, more than 20,000 mmWave gNodeBs have been installed among the nation’s four main carriers, and more are obligated to the Japan Ministry of Internal Affairs and Communications and will be installed by the beginning of 2024.
According to a survey conducted by Cyber Creative Institute in April 2021, NTT DOCOMO is ranked third globally in terms of the number of 5G essential patents, while Japan is ranked second by nationality among the top 10 nations. According to this analysis, NTT DOCOMO tops the list of international telecom carriers. About 15% of the standard necessary 5G patents are held by Japanese companies; however, an MNO, NTT DOCOMO, controls about 11.4% of the total, followed by Sharp Corporation with 3.2% and NEC Corporation with 1.2% share.
Japanese Companies Share of Standard Essential Patents for 5G
The Global System for Mobile Communications Association reported that Japan permits operators to install 5G base stations atop traffic lights, hastening the rollout of 5G across the country. When micro cells are put in place and network density is increased, 21 higher-capacity use cases can develop. According to GSMA APAC 5G Forum, the penetration of 5G connections in Japan is anticipated to increase from 153% in 2021 to 154% in 2025. The percentage of 5G smartphone adoptions is anticipated to rise from 71% in 2021 to 81% in 2025, and the 5G subscriber penetration is predicted to increase from 87% in 2021 to 88% in 2025. The same source has also reported the technology mix share of 5G in the country to be 12% in 2021 which is anticipated to increase to 68% by 2024.
Japan Technology Mix, %, 2021 and 2025
Source: GSMA APAC 5G Forum
The four major 5G network carriers in Japan are anticipated to invest a significant sum, to the tune of $14 billion, to expand the 5G network in the country. This covers base stations, servers, and fiber optic investments. By 2025, NTT Docomo plans to spend over $7 billion to extend its network to 97% of the country’s populated areas, KDDI plans to spend over $4 billion to accomplish the same for about 93% of the population, Softbank plans to spend over $1.9 billion in order to reach nearly 64% of the population, and Rakuten Mobile plans to spend over $1.8 billion to do the same for roughly 56% of the population.
Number of 5G Base Stations in Japan, 2020 to 2023
Planned 5G Base Stations in Japan by 2025
Company
Planned 3.7/4.5 GHz spectrum base stations by 2025
Planned 28 GHz base stations by 2025
NTT Docomo
8001
5001
KDDI au
30107
12756
SoftBank
7355
3855
Rakuten Mobile
15787
7948
Total
=SUM(ABOVE) 61250
=SUM(ABOVE) 29560
Source: MIC, Japan
For instance, according to the integrated report 2020, NTT Docomo sought to develop a fast, large-capacity 5G network across the country, fully utilizing new frequency bands, in order to create new value. In FY2020, 500 cities will be covered by the 5G network. With a target of installing 10,000 5G base stations by June 2021 and 20,000 5G base stations by March 2022, NTT Docomo invested a total of 1 trillion yen in the building of the 5G network between FY2019 and FY2023.
Although macrocells are used in 5G networks, the advent of higher spectrum bands would require denser network deployments in order to serve increased traffic volumes, hence the deployment of small cells would be crucial. The deployment of 5G will be made much easier by streamlining the small cell deployment procedure. For the same, Japan has allowed operators to mount 5G base stations atop traffic signals since 2022, which has accelerated 5G deployments throughout the nation as reported by GMSA. Higher-capacity use cases will be able to thrive as tiny cells are deployed and network density is enhanced.
Further, in order to meet the different needs of communication carriers and companies in the 5G era, DOCOMO collaborated with 12 global suppliers to advance open radio access networks (Open RAN), which enable flexible network development, and develop them abroad into the “5G Open RAN Ecosystem. In order to support NTT DOCOMO’s Open Radio Access Network (Open RAN) expansion plans, Samsung Electronics announced in November 2022 that provide a range of 5G radios, including 3.7 GHz, 4.5 GHz, and 28 GHz, to its existing 3.4 GHz radio. These radios will cover the entire Time Division Duplex (TDD) spectrum bands held by the operator. In order to advance 5G commercial services, NTT DOCOMO, INC. and Korean telecom operator SK Telecom (SKT) agreed to work together regarding the technology for telecommunications infrastructure. The use of millimeter-wave technology, energy-efficient networks, open RAN/vRAN, and 5G Stand Alone is some of the specific technical topics that will be taken into account.
Moreover, in August 2022, Nokia announced the launch of an Industrial 5G field router that supports the local band and is approved for the Japanese market, and is expanding its industrial portfolio of ruggedized devices. Japan’s asset-intensive businesses will be able to use the field router to take advantage of dedicated coverage and capacity using the recently announced 5G n79 band or other 4.9G/LTE spectrum bands for local networks. Greater operational flexibility will help ports, manufacturers, energy, transportation, storage, and logistics businesses adapt to the needs of a market that is changing quickly.
The 5G operators in the country have launched standalone networks to enable design simplicity, boost security, and save costs. In addition to enabling customization, 5G standalone is anticipated to create new service and income options for users. For instance, in August 2022, NTT DOCOMO, Inc. unveiled the first commercial 5G Standalone network in the world, also known as 5G NR Dual Connectivity, letting smartphones simultaneously use mid-band (sub-6 GHz) and mmWave frequencies (NR-DC). The Qualcomm wireless technology business, which was eager to demonstrate that smartphones running on its Snapdragon 8 Gen 1 platform can utilize the full speed of the new network, collaborated on the announcement. Users of the Sharp AQUOS R7, Samsung Galaxy S22, Samsung Galaxy S22 Ultra, or Sony’s Xperia 1 IV, which are all equipped with the Snapdragon® 8 Gen 1 Mobile Platform and the Snapdragon X65 5G Modem-RF System, are already experiencing download speeds of up to 4.9 Gbps and upload speeds of up to 1.1 Gbps, even in congested areas.
Additionally, the introduction of a 5G MEC (Multi-access Edge Computing) site in the Kanto region and the nationwide deployment of MEC servers in Japan were both announced by SoftBank Corporation in May 2022. SoftBank 5G MEC provides a low-latency, high-quality (low-jitter), and highly secure service experience using 5G SA (5G Stand Alone) commercial services. SoftBank is anticipated to address social issues and progress the industry as a digital platform provider in the Beyond 5G future by fostering the digital transformation (DX) of diverse industries and reaching Digital Twin*2.
Although 5GC software is essential for managing cell phone networks, domestic production and cost control are continuous issues that prevent associated technologies, including private 5G, from becoming a reality. To accomplish this, the University of Tokyo, Internet Initiative Japan, APRESIA, and Fujitsu Limited in November 2022, created open-source software for the Private 5G Mobile System, bringing the 5G core network (5GC), the essential component of the 5G mobile networks, to domestic production. The partners’ initiative was carried out as a component of NEDO’s Research and Development Project of the Feasibility Study of Enhanced Infrastructures for Post-5G Information and Communication Systems. As a result, 5G base stations and terminal equipment produced by each company will be integrated with the 5GC technology created through this project to provide solutions for private 5G networks that will be continually released by APRESIA and Fujitsu. Using the 5GC and the public 5G networks that IIJ offers as a mobile virtual network operator (MVNO) through roaming, IIJ will also encourage the creation of communication services that can utilize a variety of private 5G networks.
The 5G launch has provided a number of new options for smartphone makers due to rising consumer and app developer demand. With the help of the Internet of Things, 5G technology has enabled extremely fast speeds as well as a plethora of new applications. Customers of 5G devices in Japan have access to a variety of mmWave devices, including high-end smartphones from Apple, Samsung, Sony, Sharp Corporation, Fujitsu, and Google, as well as substantial carrier momentum for the technology. A number of new 5G devices launches have been announced by the major players. For instance, for the Japanese market, Samsung unveiled a new version of the Galaxy A23 5G in November 2022, which features a smaller screen, a MediaTek Dimensity 700 chipset, and an IP68 rating. It has a 5.8-inch TFT LCD with HD+ resolution and a waterdrop notch for its 5 MP selfie camera. In February 2022, Panasonic Corporation announced to introduction of new “TOUGHBOOK” rugged tablet “FZ-G2 series” and rugged PC “CF-33 series” models that are appropriate for outdoor and harsh situations for domestic enterprises.
Due to pressure from important stakeholders, including shareholders and customers, operators across the nation are moving more quickly toward more environmentally friendly operations. For instance, NTT Docomo and NTT Anode Energy Corp. inked a power purchase agreement (PPA) in March 2022 that was connected to a recently built solar power plant.
The cellular infrastructure in Japan is one of the most sophisticated in the world. The introduction of the 5G ecosystem in the nation has further improved communication thanks to a quicker network, improved signal strength, minimal latency, seamless connectivity, and quick data speeds. Massive machine-type communication (mMTC) is a feature of 5G that enables tens of billions of network-capable devices to connect wirelessly which benefits various end-user industries. The rising use of connectivity, internet applications, and new product launches have all contributed to the growth of companies in the 5G device market in Japan. Additionally, major 5G network carriers’ investments to upgrade current infrastructure for 5G, including base stations, modems, towers, and other supporting infrastructure, have accelerated the development of the 5G ecosystem in the nation. Furthermore, as the deployment of 5G technology has received encouraging signals, the rise of the 5G ecosystem is anticipated to create substantial prospects for different stakeholders.
How Silicon Carbide is Revolutionizing the Semiconductor Market
BlogSilicon carbide is a compound which is made up of silicon and carbon that are famously recognized for their high strength and ability to conduct heat. The industry is being transformed by silicon carbide (SiC) because of its many advantages; this has caused a change in the design and manufacture of electronic devices. Thus, this exceptionally performing wide band gap semiconductor is creating waves within multiple sectors including telecommunications, energy and automotive sectors. An exposition of unique attributes of silicon carbide including current applications will be provided in this article with an emphasis on how it has been able to disrupt the semiconductor industry.
A boom in demand for power electronics from several industries such as automotive, aerospace and energy has made the silicon carbide market for semiconductors grow at a notable rate. The rising utilization of renewable energy sources and electric vehicles is increasing demand for SiC semiconductors, where demand for power conversion and control devices is growing. There are also other factors promoting the growth of this market including better energy efficiency, improved switching speeds as well as smaller and lighter systems offered by SiC semiconductors.
Advanced power modules, radio frequency devices and LED lighting systems are in high demand this is why markets are expanding, because despite cutting carbon emissions as well as improving energy efficiency through silicon carbide adoption; semiconductor sales rose. For example, the second quarter of 2024 recorded global semiconductor sales of $149.9 billion with an increase of 18.3% compared to that of the same period in 2023. In May 2024 there was a 1.7% growth from a previous figure of $49.1 billion, bringing it up to what amounted to $50 billion.
Figure 1: Global Semiconductor Sales, in USD Billions, May to June 2024
Source: Semiconductor Industry Association
Silicon carbide is revolutionizing the semiconductor market in the following ways:
Let’s discuss each one in detail.
1. Growing Demand for Electric Vehicles
Global Electric Vehicle (EV) availability is impacted by increasing environmental awareness and reduction of carbon emissions These cars prefer SiC power electronics owing to their ability to withstand high heat and voltage levels leading to better performance for electric vehicles. Due to this fast growth in the electric car industry, it is expected that demand for Sic semiconductors will continue increasing.
With its wide bandgap of 2.3–3.3 eV, silicon carbide can resist much higher voltages and temperatures than ordinary silicon does. Therefore, SiC-based components can operate well in extremely stressed environments such as EV powertrains. Due to superior thermal conductivity, SiC facilitates the elimination of heat in a more efficient manner than silicon, which is about three to four times greater. In high-power applications such as inverters and chargers for electric vehicles (EVs) where operating conditions are very harsh, this characteristic is vital for thermally managing loads.
Overall SiC devices exhibit greater efficiency owing to faster switching rates as well as lower conduction losses. This kind of efficiency is crucial for EVs because how effectively energy is used will directly impact their range and performance.
2. Rapid Expansion in Renewable Energy
Silicon carbide (SiC) is revolutionizing the way energy is produced, utilized, and controlled thus tremendous advancements are made in renewable energy. Furthermore, silicon carbide has extraordinary characteristics such as wide bandgap, high thermal conductivity, and high breakdown voltage which allow renewable energy systems to tackle significant challenges. The silicon carbide benefits, utilization, and prospects of transforming the semiconductor industry in renewable energy are covered in this article.
In addition, SiC has a thermal conductivity that is approximately three to four times that of silicon. Consequently, SiC-based components can dissipate heat more effectively; this is important for high-power applications such as power converters and inverters in terms of reliability and performance. Power conversion systems for renewable energy applications have their efficiency significantly improved with SiC-based devices. As such, there is improved energy utilization and a decline in energy wastage. Moreover, the ability of metals’ high breakdown voltages and thermal conductivities will improve the performance and reliability of power electronic devices. Therefore, this leads to a steady and efficient operation regarding renewable energy systems.
3. Advancements in Power Electronics
The semiconductor market for power electronics is experiencing a transformation due to silicon carbide’s unparalleled performance, efficiency and heat management ability. The advantages of silicon carbide at high frequencies and powers are causing significant changes in terms of the operations and designs of power electronic systems. Owing to the ever-enhancing modes of production and advancements in technology, SiC is anticipated to gain a central role in contemporary electric power devices, stimulating more innovations while assisting reliable and efficient electronic systems. Various areas of silicon carbide will be greatly enhanced by continued progress in its technology e.g. energy conversion or industrial automation, among others.
4. Increasing Focus on Energy Efficiency
Currently, energy efficiency is the most urgent issue globally and silicon carbide (SiC) has brought about considerable changes in the semiconductor industry. The increase in environmental problems and global electricity demand urges more consumption of electronic systems which are energy conserving. Silicon Carbide (SiC) is a unique material that enhances energy efficiency across different sectors like consumer machines, industrial machines and others. The high efficiency of SiC devices and their rapid switching speeds produce significant reductions in energy losses during power conversion. As a result, operating costs can be reduced while energy is used more efficiently. In addition, silicon carbide (SiC) devices with high breakdown voltages and better heat dissipation increase electronic systems’ overall efficiency. This change will help cut down wastage and maximize power consumption.
5. Emergence of 5G Technology
The introduction of 5G technology has led to an increased demand for high-performance electronic components that can operate at higher frequencies. Because of their ability to function at higher frequencies and temperature ranges, SiC semiconductors are ideal for implementation in 5G base stations and other fast communication systems. The manufacturers of SiC semiconductors will have new ventures across the world as 5g networks come into place.
6. Focus on Miniaturization and Integration
Fewer power loss from heat dissipation and accessibility to tiny electronic systems will cause significant popularity of SiC semiconductors resulting in high thermal conductivity and switching speed. This is a sub-field of semiconductor materials we can call Mecha-electron. In addition, they can be produced as dies or two-dimensional films thanks to various fabrication techniques including epitaxial growth and molecular beam epitaxy. However, this technology is still in the early stages compared with Gallium arsenide gyrotron devices which operate at the 3 THz range. Concerning power electronics there are good prospects for silicon carbide because it has got high critical voltage levels, high breakdown electric fields due to its wide energy band gap plus excellent thermal conductivities.
7. Increasing Investments in SiC Manufacturing
Higher levels of investment in R&D and production facilities are necessitated by increased demand for SiC-based semiconductors silicon carbide (SiC), this has been shown by the major concerns available today within the information technology sector which include but are not limited to laser machining systems used for example in cutting precious metals such as gold, laser welding systems used for thick plate welding etc. Major manufacturers such as STMicroelectronics, Infineon Technologies AG or NXP Semiconductors N.V. are entering into partnerships with local firms to set up plants dedicated to developing and producing these products hence widening market opportunities.
In conclusion, the semiconductor industry is about to be revolutionized by silicon carbide’s incomparable performance characteristics. These are high-power, high-frequency and high-temperature applications, which made them so popularly accepted among many people. The expanding field of technology and production methods has led to the development of Silicon Carbide (SiC), making it more than just a component in any modern electronic system, but rather a core necessity. The inception of SiC in semiconductor industries will usher in innovation revolutionizing electronics as they are known today.