A new analysis report on the market of portable air compressor market, which is forecasted between 2023 and 2028, has been published by Knowledge Sourcing Intelligence.
The prime factors propelling the market growth of the portable air compressor market are the increasing demand for portable power solutions, the growing popularity of DIY enthusiasts, and the rise in infrastructure and technological development.
As per the report, the portable air compressor market is expected to grow at a significant pace.
A portable air compressor is a lightweight and compact device designed to convert power, usually from an electric motor or gasoline engine, into potential energy stored in pressurized air. These devices are versatile and convenient, allowing users to generate compressed air on the go. Portable air compressors find extensive use in various industries and applications, including construction, automotive, manufacturing, and DIY projects.
Various collaboration and technological advancements are happening in the market for instance in May 2023, Atlas Copco launched the B-Air 185-12, a battery-operated portable screw air compressor that operates independently of fuel or local power sources. The compressor is designed to facilitate the shift towards renewable energy and is suitable for diverse applications, as it performs well in extreme climates, produces no local emissions and operates quietly.
Based on the design, the portable air compressor market is divided into rotary screw type, rotary centrifugal and reciprocating type among which the rotary centrifugal compressor is estimated to grow at a significant rate during the forecasted period. Rotary screw compressors are known for their high efficiency and continuous operation and rotary centrifugal compressors are suitable for high-demand applications requiring large volumes of compressed air at high pressures. While, reciprocating compressors are compact, portable, and affordable, making them suitable for small-scale operations and DIY projects.
Based on lubrication, the portable air compressor market is fragmented into oiled or oil-free. The oil-free compressors are predicted to hold a dominating share of the market as it eliminate the need for lubrication, offering advantages such as cleaner air output and reduced maintenance requirements. On the other hand oiled compressors require lubrication for their moving parts, providing enhanced durability and performance.
On the basis of driver type, the portable air compressor market is divided into electronic and conventional. Electronic portable air compressors are projected to hold a dominant portion of the market as they are powered by electric motors, offering advantages such as energy efficiency, low noise levels, and reduced emissions. Conventional portable air compressors, on the other hand, are typically driven by internal combustion engines.
On the basis of end-users, the market is divided into automotive, aerospace, oil & gas, building & construction, mining, power generation and others. The automotive industry is expected to hold dominance in the market due to the increasing demand for portable air compressors for applications such as tire inflation, spray painting, and operating pneumatic tools. Additionally, the building & construction sector and the oil & gas industry are anticipated to contribute significantly to the market growth.
Based on geography, the region of North America is forecasted to possess a significant share of the portable air compressor market, driven by the presence of well-established industries and a robust construction sector. The United States is a key player in this market, driven by infrastructure projects, manufacturing, and the automotive industry. While the Asia Pacific region is estimated to propose large growth forecasts during the period.
As a part of the report, the major players operating in the portable air compressor market, that have been covered are Atlas Copco AB, Sullair, LLC, Ingersoll Rand Inc., Rolair Systems, KAESER KOMPRESSOREN SE, Doosan Portable Power, Sullivan-Palatek, Inc., Teweite Power Technology Co., Ltd., ElgiEquipments Ltd., Ciasons Industrial, Inc.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/portable-air-compressor-market
This analytics report segments the portable air compressor market on the following basis:
- By Design
- Rotary Screw Type
- Rotary Centrifugal
- Reciprocating Type
- By Lubrication
- By Driver Type
- By End-User
- Automotive
- Aerospace
- Oil & Gas
- Building & Construction
- Mining
- Power Generation
- Others
- By Geography
- North America
- South America
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East And Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Taiwan
- Others
Precision Ball Screw Market is expected to grow at a healthy CAGR
Press ReleasesA new analysis report on the market of “precision ball screw” which is forecasted between 2021 and 2028 has been published by Knowledge Sourcing Intelligence.
The prime factors propelling the market growth of the precision ball screw market are technological advancements, rising demand for automation resulting in enhanced semiconductors, and the growing use of electric vehicles.
As per the report, the precision ball screw market is expected to grow at a CAGR of 5.67% during the forecast period.
A critical mechanical element used in several sectors and applications is the focus of the precision ball screw market. Precision ball screws are an essential component in many sectors since they are made to transform rotational motion into precise linear motion. Moreover, precision ball screws are vital elements in the automation landscape because they enable automated machines and robots to achieve precise linear motion control.
Various collaboration and technological advancements happening in the market are driving the precision ball screw market growth. For instance, Miniature Metric Precision Ball Screw Assemblies were added to the portfolio of PBC Linear in July 2022. These small nut and precision-rolled screw assemblies provide great performance in low-cost packaging. The high-precision ball screws offer accurate and efficient linear motion, making them perfect for use in robotics, semiconductors, medical equipment, and laboratory equipment. PBC Linear provides more design options, quicker lead times, and diameters of 6 mm, 8 mm, and 10 mm. The assemblies provide options for preload and end configurations and fulfill ISO accuracy criteria.
The market for precision ball screws is divided into ground precision ball screw and rolled precision ball screw categories depending on the type. Ball screws with precision ground are fast and quiet and it is widely utilized, including in light-load machine tools and transportation equipment. Instead of the thread-ground shaft found in precision ball screws, rolled precision ball screws use a screw shaft that has been carefully surface-ground while being rolled with excellent accuracy.
The market is segmented into semiconductor, medical, laboratory, and others based on application. The application of precision ball screws in semiconductors is rising due to the rising automation and efficiency in extremely heavy load conditions. The rising semiconductor industry contributes significantly to the precision ball screw market for semiconductors. For instance, the semiconductor industry sold 1.15 trillion semiconductor units in 2021 by increasing production to meet the global shortage as per the Semiconductor Industry Association.
North America is expected to hold a significant market during the forecasted period based on geographical segmentation. The main factors for North America dominating the precision ball screw market can be attributed to the adoption of design automation tools such as processors and design circuit boards. Additionally, the US’s robust semiconductor industry is a major driver of precision ball screw market. For instance, sales of semiconductors in January 2022 increased by 26.8% as compared to January 2021 as per the Semiconductor Industry Association, US.
The research includes coverage of Barnes Industries, Hiwin Corporation, Koyo Machinery, Kuroda Precision Industries Ltd, Nidec Corporation, PMI Group, Robert Bosch GmbH, Schaeffler AG, SKF Group, and THK Co. Ltd. as a significant market player in the precision ball screw market.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/precision-ball-screw-market
This analytics report segments the precision ball screw market on the following basis:
Portable Air Compressor Market is expected to grow at a healthy CAGR
Press ReleasesA new analysis report on the market of portable air compressor market, which is forecasted between 2023 and 2028, has been published by Knowledge Sourcing Intelligence.
The prime factors propelling the market growth of the portable air compressor market are the increasing demand for portable power solutions, the growing popularity of DIY enthusiasts, and the rise in infrastructure and technological development.
As per the report, the portable air compressor market is expected to grow at a significant pace.
A portable air compressor is a lightweight and compact device designed to convert power, usually from an electric motor or gasoline engine, into potential energy stored in pressurized air. These devices are versatile and convenient, allowing users to generate compressed air on the go. Portable air compressors find extensive use in various industries and applications, including construction, automotive, manufacturing, and DIY projects.
Various collaboration and technological advancements are happening in the market for instance in May 2023, Atlas Copco launched the B-Air 185-12, a battery-operated portable screw air compressor that operates independently of fuel or local power sources. The compressor is designed to facilitate the shift towards renewable energy and is suitable for diverse applications, as it performs well in extreme climates, produces no local emissions and operates quietly.
Based on the design, the portable air compressor market is divided into rotary screw type, rotary centrifugal and reciprocating type among which the rotary centrifugal compressor is estimated to grow at a significant rate during the forecasted period. Rotary screw compressors are known for their high efficiency and continuous operation and rotary centrifugal compressors are suitable for high-demand applications requiring large volumes of compressed air at high pressures. While, reciprocating compressors are compact, portable, and affordable, making them suitable for small-scale operations and DIY projects.
Based on lubrication, the portable air compressor market is fragmented into oiled or oil-free. The oil-free compressors are predicted to hold a dominating share of the market as it eliminate the need for lubrication, offering advantages such as cleaner air output and reduced maintenance requirements. On the other hand oiled compressors require lubrication for their moving parts, providing enhanced durability and performance.
On the basis of driver type, the portable air compressor market is divided into electronic and conventional. Electronic portable air compressors are projected to hold a dominant portion of the market as they are powered by electric motors, offering advantages such as energy efficiency, low noise levels, and reduced emissions. Conventional portable air compressors, on the other hand, are typically driven by internal combustion engines.
On the basis of end-users, the market is divided into automotive, aerospace, oil & gas, building & construction, mining, power generation and others. The automotive industry is expected to hold dominance in the market due to the increasing demand for portable air compressors for applications such as tire inflation, spray painting, and operating pneumatic tools. Additionally, the building & construction sector and the oil & gas industry are anticipated to contribute significantly to the market growth.
Based on geography, the region of North America is forecasted to possess a significant share of the portable air compressor market, driven by the presence of well-established industries and a robust construction sector. The United States is a key player in this market, driven by infrastructure projects, manufacturing, and the automotive industry. While the Asia Pacific region is estimated to propose large growth forecasts during the period.
As a part of the report, the major players operating in the portable air compressor market, that have been covered are Atlas Copco AB, Sullair, LLC, Ingersoll Rand Inc., Rolair Systems, KAESER KOMPRESSOREN SE, Doosan Portable Power, Sullivan-Palatek, Inc., Teweite Power Technology Co., Ltd., ElgiEquipments Ltd., Ciasons Industrial, Inc.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/portable-air-compressor-market
This analytics report segments the portable air compressor market on the following basis:
PAC Programming Software Market is expected to grow at a healthy CAGR
Press ReleasesA new analysis report on the market, “PAC Programming Software Market,” which is forecasted between 2023 and 2028 has been published by Knowledge Sourcing Intelligence,
The PAC programming software market is experiencing significant growth driven by the surge in integration of artificial intelligence & machine learning, and booming industrial automation. These factors have created a surge in the need for reliable and efficient PAC programming software solutions, leading to the expansion and development of the market.
As per the report, the PAC programming software market is expected to grow at a steady pace.
PACs are sophisticated automation controllers used in industrial control systems across industries. They incorporate complex instructions for advanced control and monitoring tasks in machinery. PAC programming software is an essential component in manufacturing industries, facilitating the integration of various systems and technologies, and enhancing operational efficiency and productivity in manufacturing environments.
Various product launches and technological advancements happening in the market for instance, Quorum, in February 2023, unveiled its latest addition to its suite of public affairs software products called Quorum PAC. This new offering complements Quorum’s existing lineup, which includes legislative tracking, grassroots advocacy, stakeholder engagement, and policy communications tools.
The PAC programming software market is segmented into four main categories manufacturing intelligence (MI), advanced process control (APC), asset management, and database connectivity. Database connectivity is projected to hold a dominant position in the market’s product segmentation, which helps in supporting different database software such as Oracle and MS SQL Server to access real-time data from several industrial controllers for automation purposes.
The market for PAC programming software is segmented into four categories based on the solutions such as Open PAC Systems, Compact PAC Systems, and Distributed PAC Systems. Ultimately, the selection depends on the unique needs as each system type provides unique benefits and features, allowing customers to choose the most suitable solution for their specific applications.
PAC programming software is utilized by a wide range of industries including oil and gas, electric power, construction, food & beverages, waste and wastewater, and various other sectors. These end users rely on PAC programming software to enable efficient control and automation of their processes, ensuring enhanced operational performance, regulatory compliance, and improved productivity.
The Asia Pacific PAC programming software market is projected to grow significantly, driven by the expansion of industrial and automotive sectors in key economies like China, Japan, and India. Increased investments in automation and policy changes in certain countries further contribute to the market’s growth. For instance, A local food-processing company in China made a significant investment of 30 million yuan in automating its workshop dedicated to producing caramel treats in the year 2020. Rapid development in the electronics, and oil & gas sector coupled with the rising adoption of automation tools has increased demand for PACs programming software in Asia Pacific.
The research includes coverage of Schneider Electric, Panasonic Electric Works Europe AG, Mitsubishi Electric Corporation, Opto 22, ABB Ltd, AutomationDirect, Phoenix Contact (I) Pvt. Ltd., KINGSTAR, Siemens AG, Lamonde Automation Ltd. as significant market players in the PAC programming software industry.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/pac-programming-software-market
This analytics report segments the PAC programming software market on the following basis:
Non-Woven Abrasives Market is expected to grow at a healthy CAGR
Press ReleasesKnowledge Sourcing Intelligence announces the publication of a new analysis report on the market the “Non-Woven Abrasives Market – which is forecasted from 2023 to 2028”.
The prime factor driving the Non-Woven Abrasives Market growth is the advantages over traditional abrasive materials.
As per the report, it is anticipated that the non-woven abrasives market will grow at a steady pace.
The business that makes and sells non-woven abrasive materials is referred to as the non-woven abrasives market. Because they perform better than conventional abrasives, these materials are widely used in automotive, construction, metal fabrication, aerospace, and other industries for polishing, cleaning, and surface finishing tasks. There are a number of major factors that have contributed to the rapid growth of the market for non-woven abrasives. To begin, rising demand for automobiles is a significant growth driver. Non-woven abrasives are frequently used in automotive applications for tasks like surface preparation, paint removal, and polishing due to their effectiveness and adaptability. For instance, 3M’s safety and industrial business sector revenue increased by more than 3 percent between 2021 and 2022. In 2022, the company generated approximately US$11,604 million, with abrasive sales accounting for 12 percent of that total. The increased focus on applications for surface finishing and polishing in a variety of industries is another factor driving development. Because of their improved performance and adaptability in producing specific surface qualities, non-woven abrasives are widely used in construction, aerospace, and metal manufacturing. Benefits over regular rough materials have moved market extension considerably further. Due to their conformability, uniform cutting action, low heat production, and minimal surface damage, non-woven abrasives are widely desired in a variety of industries. Non-woven abrasives have also seen an increase in demand as environmental benefits have become more widely recognized. These abrasives have a lower impact on the environment, increase worker safety, and last longer when used with water or minimal lubrication. The rise of the manufacturing and industrial sectors, as well as technological advancements and product innovations, have all contributed to the overall success of the market for nonwoven abrasives. The sector is likely to continue expanding in the years to come due to the presence of these development factors.
The non-woven abrasives market has been categorized based on product, substrate, application, and geography. The market has been segmented based on product into hand pads, belt, disc, rolls, and wheels. Substrate is further classified into metal, glass, plastic, composite, wood, and ceramic.
By region, non-woven abrasives dominate the market in North America. A variety of reasons contribute to the region’s importance. To begin, the automotive, aerospace, and metal fabrication sectors, all of which are important users of nonwoven abrasives, are all part of North America’s mature industrial sector. Non-woven abrasives have also been used more frequently in surface finishing and preparation tasks as a result of the region’s emphasis on cutting-edge manufacturing techniques. Additionally, the demand for environmentally friendly abrasive treatments has increased as a result of strict environmental regulations and an increased emphasis on sustainability. These attributes, along with the solid presence of significant market contenders and expanded use in Research and development, add to North America’s administrative role in the non-woven abrasives market.
The prominent companies in the non-woven abrasives market that have been covered as part of the study are as follows: 3M, ARC ABRASIVES, INC., Kanai Juyo Kogyo Co., Ltd., Mirka Ltd., Compagnie de Saint-Gobain, sia Abrasives Industries AG, Tailin Abrasives Corporation, Valgro Engineers Pvt. Ltd., Even Cut Abrasives Company.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/non-woven-abrasives-market
This analytics report segments the non-woven abrasives market on the following basis
Hole Transport Layer Material Market is expected to grow at a healthy CAGR
Press ReleasesThe prime factors propelling the market growth of the hole transport layer material market are technological advancements, the rising demand for enhanced electronic devices with better semiconductors by consumers, the growing solar energy industry, and demand from the LED industry.
As per the report, the hole transport layer material market is expected to grow at a steady pace.
The hole transport layer material supports the hole transport in a device and works as an electron-blocking layer that prevents electron flow. It optimizes the stability of electronic devices and it is also used for emitting polymer. Moreover, it is also used to replace the liquid electrolyte of conventional dye-sensitized solar cells to make solid-state DSSC devices.
The demand for renewable energy sources is rising and solar energy has enough power to fulfill the world’s demand. According to Global Solar Council, the global installed capacity of off-grid solar was increased by 9% in 2020. Efforts to provide efficient, economical, and lightweight hole transport layer material for organic solar cells are taking place due to research and developments. The organic solar cells have barriers to charge extraction by non-ideal contact between electrodes and the active layer. The hole transport layer material supports the spontaneous charge transports and provides stability.
The market is divided into organic and inorganic categories, based on the type. Organic hole transport material is made from organic molecules and it is expected to hold a significant market share due to its low production cost and flexibility. While the inorganic hole transport material is made from metal oxides and their demand is also expected to increase due to the rising demand for OLED screens.
The market is segmented into electronic components, semiconductors, and others based on application. The semiconductor segment is anticipated to dominate the application segmentation owing to the rising demand for semiconductors in numerous devices and the growing automotive industry. According to International Trade Administration, global sales of semiconductors increased by 6.8% in 2020 and reached $440.4 billion.
Based on geographical segmentation, Asia Pacific is expected to hold a significant market during the forecasted period. The presence of major electronic bases such as China, Japan, and India in the region along with the growing automotive industry is expected to drive the significant growth of the hole transport layer market in the region. For instance, the operating revenue for the electronics industry increased by 14% in 2021 according to the Ministry of Industry and Information Technology, China. The total number of automobiles in India increased by 35.9% in 2022 as compared to 2021 in India as per the National Investment Promotion and Facilitation Agency, India.
The research includes coverage of Hodogaya, TCI Europe N.V., Dynamo, E I DuPont de Nemours Co, Novaled, Merck, and CMT Vatteroni as significant market players in the hole transport layer material market.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/hole-transport-layer-material-market
This analytics report segments the hole transport layer material market on the following basis:
Global E-Beam Controller Market is expected to grow at a healthy CAGR
Press ReleasesA new analysis report on the global e-beam controller market which is forecasted between 2023 and 2028 has been published by Knowledge Sourcing Intelligence.
The prime factors propelling the market growth of the global e-beam controller market are increasing automation, technological advancements, industry-specific requirements, the expanding consumer electronics market, and the focus on energy efficiency and sustainability.
As per the report, the global e-beam controller market is expected to grow at a significant pace.
The global e-beam controller market refers to devices that regulate the movement of electrons in electron beam technology. This technology finds application in areas like semiconductor manufacturing, micro-electromechanical systems, nano-electromechanical systems, and microscopy. The market encompasses diverse uses such as lithography, electron beam curing for color printing, cable isolation treatment, and the creation and alteration of polymers, among others. With the increasing demand for precise inspection, maintenance, and quality control in industries like electronics, medical, and manufacturing, the global e-beam controller market is witnessing significant growth and technological advancements.
Various collaboration and technological advancements happening in the market. For instance, in January 2023, Sera Group and Telemar, well-known companies in e-beam inspection, are considering working together to develop advanced e-beam inspection systems. Their aim is to create state-of-the-art systems that are more accurate and reliable for a wide range of applications. Similarly, in July 2022, E-BEAM Services, Inc. and Ferrotec Holdings Corporation are exploring a partnership to advance innovative e-beam welding applications. Together, they will develop new welding solutions for different industries.
The e-beam controller market can be divided into two categories: e-beam deposition controllers and integrated electron beam controllers. The e-beam deposition controller segment is growing faster than the integrated electron beam controller segment in the e-beam controller market. This is due to the increasing demand for e-beam deposition in various industries, such as semiconductors & electronics, medical & life sciences, and packaging. E-beam deposition controllers are designed for precise control of electron beam parameters during deposition processes, while integrated electron beam controllers regulate the overall operation of electron beam systems.
The market is segmented by end-user into the manufacturing, medical and life sciences, semiconductor and electronics, packaging, food and beverages, and other sectors. The rising demand for electronic devices consisting of semiconductors such as refrigerators, smartphones, and laptops among consumers is expected to drive the consumer electronics segment in the e-beam market with more people modernized by technological advancements.
The Asia-Pacific region is expected to hold a significant market during the forecasted period based on geographical segmentation. This is because countries like China, Japan, and India have a large number of semiconductor manufacturing companies, and South Korea, China, and Japan have well-established electronics industries. As the demand for semiconductors increases in this region, companies are adopting e-beam controller technologies for accurate inspection and maintenance, thereby driving the growth of the market in Asia-Pacific. The presence of a robust manufacturing ecosystem and the emphasis on technological advancements contribute to the region’s potential for the adoption of advanced electron beam technologies.
The research includes coverage of ACME Technology Co., Ltd, AJA International, Inc., E-BEAM Services, Inc., Ferrotec Holdings Corporation, Fil-Tech, Inc., Island e-Beam LLC, Sera Group, Telemar, VON ARDENNE GmbH significant market players in the global e-beam controller market.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-e-beam-controller-market
This analytics report segments the global e-beam controller market on the following basis:
Key Market Segments:
Ethernet Connector And Transformers Market is expected to grow at a healthy CAGR
Press ReleasesA new analysis report on the market, “Ethernet Connector and Transformers Market,” which is forecasted between 2023 and 2028 has been published by Knowledge Sourcing Intelligence,
The ethernet connector and transformer market are experiencing significant growth driven by the increasing demand for high-speed data transmission, the growing need for IoT connectivity, the expansion of data centers, and advancements in ethernet technology. These factors have created a surge in the need for reliable and efficient ethernet connectivity solutions, leading to the expansion and development of the market.
As per the report, the ethernet connector and transformers market is expected to grow at a steady pace.
Ethernet connectors and transformers are essential components in the telecommunications industry, facilitating reliable communication and data transmission. They are essential components for seamless data exchange and uninterrupted communication, ensuring reliable and efficient connectivity in the sectors.
Various product launches and technological advancements are happening in the market for instance in July 2022, LAPP, a cable and cable-related equipment manufacturer, introduced Etherline Guard, a stationary monitoring device designed specifically for ethernet cables. This innovative device offers continuous performance monitoring and provides real-time status updates for ethernet cables.
The market for ethernet connectors and transformers is divided into ix Connector, RJ45 Connector, M12 Connector, M8 Connector, and other categories depending on the product. RJ45 connectors are projected to hold a dominant position in the market’s product segmentation, primarily driven by their extensive adoption in networking equipment, data centers, and telecommunications. Additionally, the growing need for high-speed data transmission across industries drives the demand.
The market is divided into four categories depending on their transformation speed like 100bBase-T, 10Base-T, 10GBase-T, and Gigabitbase-T. The 10GBase-T is widely preferred and extensively utilized in data centers compared to the other transmission speed segment as 10GBase-T provides high-speed data transmission capabilities.
The market is segmented into control cabinets, hubs and servers, industrial automation equipment, network interface cards, network switches, routers, routers & switches, servo drives, WLAN access equipment, and other categories based on application. Ethernet connectivity is integral to industrial automation, supporting robotics, process control, and monitoring. Additionally, Ethernet connectors and transformers play a vital role in automotive applications, enabling networking for ADAS and in-vehicle communication.
Asia- Pacific region is expected to hold a significant market share during the forecasted period based on geographical segmentation. The regional market growth is being propelled by rapid industrialization, infrastructure development, and the growing adoption of advanced networking technologies. High internet penetration in major APAC economies namely China, Japan, South Korea, and India is driving market growth. The demand for high-speed data transmission in the manufacturing, automotive, and telecommunications sector is further fueling the market expansion.
The research includes coverage of TDK Corporation, TE Connectivity, Eaton Corporation, Belden Inc, Rockwell Automation, Amphenol Corporation, Bel Fuse Inc, Bourns Inc, Abracon, and Schneider Electric as significant market players in the ethernet connecter and transformer industry.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/ethernet-connector-and-transformers-market
This analytics report segments the ethernet connector and transformers market on the following basis:
Epitaxial Wafer Market is expected to grow at a healthy CAGR
Press ReleasesKnowledge Sourcing Intelligence announces the publication of a new analysis report on the market the “Epitaxial Wafer Market – which is forecasted from 2023 to 2028”.
The prime factor driving the Epitaxial Wafer Market growth is the technological advancements in the epitaxial wafer manufacturing process.
As per the report, it is anticipated that the epitaxial wafer market will expand steadily.
The market that produces and sells epitaxial wafers, which are thin layers of crystalline material deposited on semiconductor substrates, is known as the epitaxial wafer market. These wafers play a crucial role in the production of contemporary semiconductor devices that are utilized in a wide range of industries, including healthcare, electronics, data centers, energy from renewable sources, and so on. The rising demand for sophisticated semiconductor devices in a wide range of industries is driving the rapid expansion of the epitaxial wafer market. High-performance semiconductors cannot be made without epitaxial wafers because of technological advancements and the need for devices that are stronger and use less energy. The epitaxial wafer market is growing primarily thanks to the electronics industry. Market expansion is being driven by the increasing use of epitaxial wafers in the production of smartphones, tablets, wearables, and other consumer electronics. The demand for sophisticated semiconductor devices and epitaxial wafers will rise in tandem with the rise in customer expectations for enhanced functionality and performance. The epitaxial wafer industry is being driven in large part by the expansion of data centers and the rising demand for cloud computing technology. High-performance semiconductors are required by data centers to handle massive amounts of data processing and storage, and epitaxial wafers play a significant role in their fabrication. The Internet of Things (IoT) and 5G technology are also increasing demand for epitaxial wafers and sophisticated semiconductor devices. Market growth is being driven by the growing automotive industry’s shift to electric vehicles (EVs) and the increased emphasis on renewable energy sources. According to the International Energy Agency (IEA), China’s EV market has expanded significantly in recent years. The country’s commitment to environmentally friendly transportation can be seen in the registration of 2,734 BEVs and 600 PHEVs alone in 2021.
The epitaxial wafer market has been categorized based on type, wafer size, industry vertical, application, and geography. The market has been segmented based on type into hetroepitaxy and homoepitaxy. Wafer size is further classified into 2–4 inches, 5–8 inches, 9-12 inches, and others.
By region, the epitaxial wafer market is primarily concentrated in Asia-Pacific. There are a number of reasons why it is in charge. The region is home to significant semiconductor suppliers that are renowned for their superior manufacturing capabilities, including South Korea, Japan, Taiwan, and Taiwan. Particularly, China is a significant consumer and manufacturer of semiconductor devices. Additionally, epitaxial wafer demand is rising due to Asia-Pacific’s significant presence in the consumer electronics, automotive, and telecommunications sectors. The epitaxial wafer market is dominated by the region due to its solid manufacturing environment, technological expertise, and expanding domestic markets.
As a part of the report, the major players operating in the epitaxial wafer market that have been covered are Applied Materials Inc, AIXTRON SE, ASM International, Tokyo Electron Limited, Lam Research Corporation, CVD Equipment Corporation, Kokusai Semiconductor Equipment Corporation (KSEC), ULVAC Inc., Veeco Instruments Inc.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/epitaxial-wafer-market
This analytics report segments the epitaxial wafer market on the following basis:
Electronic Design Automation Software Market is expected to grow at a healthy CAGR
Press ReleasesA new analysis report on the market of EDA software, “Electronic Design Automation Software,” which is forecasted between 2021 and 2028 has been published by Knowledge Sourcing Intelligence.
The prime factors propelling the market growth of the electronic design automation software market are technological advancements, the rising demand for enhanced electronic devices with better semiconductors by consumers, and the rising trend of miniaturization.
As per the report, the electronic design automation software market is expected to grow at a steady pace.
Software for electronic design automation is used to create printed circuit boards and integrated circuits. The major application of electronic design automation software is in semiconductors devices and electronics. The electronic design automation software is improvising the user experience by providing enhanced semiconductor devices enabled with fully automated software.
Various collaboration and technological advancements happening in the market for instance In February 2023, Keysight Technologies acquired Cliosoft to enhance the portfolio of electronic design automation solutions. Through this acquisition, Keysight Technologies expects to include process and data management (PDM) capabilities in semiconductor and electronics systems.
The market for electronic design automation software is divided into computer-aided engineering, semiconductors IP, IC Physical Design & Verification, and other categories depending on the product. IC physical design and verification type is expected to dominate the product segmentation due to the rising demand for precision and accuracy in semiconductor devices. Additionally, it helps in complex functions and nearly all semiconductor devices have integrated circuits installed in them.
The market is divided into two categories: on-premise and cloud, based on the deployment. Cloud-based computing is expected to show higher growth as compared to the on-premise segment as cloud computing helps in scalability and optimizes electronic design automation workflow to ensure maximum performance. Moreover, it is economical and provides safety tools such as data encryption and access tools.
The market is segmented into microprocessors and microcontrollers, memory management systems, and others based on application. The microprocessor is used in computers to process logic with external memory and devices whereas microcontrollers are embedded with memory and devices on a chip. Microprocessors and microcontrollers are expected to show significant growth due to the rising data needs and the world becoming more data-driven.
The market is segmented by end-user into the automotive, aerospace, healthcare, IT & telecommunications, consumer electronics, and other sectors. The rising demand for electronic devices consisting of semiconductors such as refrigerators, smartphones, and laptops among consumers is expected to drive the consumer electronics segment in the market with more people modernized by technological advancements.
North America is expected to hold a significant market during the forecasted period based on geographical segmentation. The main factors for North America dominating the electronic design automation software market can be attributed to the adoption of design automation tools such as processors and design circuit boards. Moreover, the strong semiconductor sector in the US serves as a driving factor of electronic design automation software. For instance, sales of semiconductors in January 2022 increased by 26.8% as compared to January 2021 as per the Semiconductor Industry Association, US.
The research includes coverage of Cadence Design Systems Inc., Synopsys, Mentor, Silvaco, ANSYS, Altium LLC, Zuken, Keysight Technologies, and eInfochips as significant market players in the electronic design automation software industry.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/electronic-design-automation-software-market
This analytics report segments the electronic design automation software market on the following basis:
Extracorporeal Membrane Oxygenation Machine Market is expected to grow at a healthy CAGR
Press ReleasesKnowledge Sourcing Intelligence announces the publication of a new analysis report on the “Extracorporeal membrane oxygenation machine market” – which is forecasted from 2021 to 2028.
The prime factors propelling the growth of the extracorporeal membrane oxygenation machine market are the alarming rates of increases in pulmonary and cardiovascular diseases such as respiratory infections, heart attacks, rheumatic heart diseases, etc.
As per the report, the extracorporeal membrane oxygenation machine market is anticipated to increase significantly during the forecast period.
The extracorporeal membrane oxygenation machine market is experiencing significant growth due to the rising rates of pulmonary and cardiovascular diseases such as heart attacks, asthma, respiratory infections, etc. Cardiovascular diseases are classified as a major source of deaths by the World Health Organization with almost one in every three deaths being caused by cardiovascular diseases. Out of this percentage, almost 85% of all deaths are caused by heart attacks and strokes. Additionally, with the spread of the coronavirus and its effects on the heart and lungs, the rates of cardiovascular and pulmonary diseases have increased. Therefore, the market for extracorporeal membrane oxygenation machines is also expected to be boosted as a result of this.
The extracorporeal membrane oxygenation machine market has been categorized based on product, component, modality outlook, and geography.
By product, the market has been classified into ECMO machines and software. The ECMO machine segment is expected to witness significant growth in the coming years due to its usage in hospitals and clinics for open heart surgeries and transplants, as well as relieving pressure on the lungs. On the other hand, the ECMO software segment is anticipated to experience steady growth owing to its ability to provide a simulation environment for ECMO training, as well as using cloud services to connect doctors with patient data in real-time.
By component, the market has been classified into pumps, oxygenators, cannul, and accessories. The pump segment is anticipated to witness significant growth in the coming years due to the usage of ECMO pumps for pumping blood outside the patient’s body, allowing the heart and lungs to rest. The ECMO oxygenator segment is also expected to grow, as it helps in pumping oxygen into the body and simultaneously removes carbon dioxide from the blood. The ECMO cannul segment is anticipated to experience significant growth in the forecast period too as it is required for the different types of ECMO-base lung support functions. The market for ECMO accessories is also expected to grow to proportionate to the overall ECMO market.
By modality outlook, the market has been classified into veno-venous, veno-arterials, and arterio-venous. The veno-venous segment is expected to witness positive growth in the extracorporeal membrane oxygenation machine market, owing to the rise in the use of veno-venous systems for covid-19 treatment and the increasing amount of respiratory disorders. The veno-arterial segment is anticipated to experience significant growth due to multiple applications of the device, reimbursement policies for these, and the rise in the rates of cardiovascular diseases. The arterio-venous segment of the ECMO machine market is also expected to witness steady growth due to improved medical evaluation facilities, and an effective dynamic range of applications.
Based on geographic region, the market is classified into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The Asia Pacific region is witnessing significant investments in the healthcare sector. Additionally, this region is also accountable for a large percentage of the world population, which, in turn, results in an increase in the demand for ECMO machines to treat numerous cardiovascular and pulmonary diseases. On the other hand, the North American market is expected to hold a significant share of the ECMO machines market due to the presence of an established healthcare sector with rising demand for modern technological medical devices for treatments. Another reason for the growth of the market in this region relates to the increasing number of related diseases due to unhealthy diets and stressful working conditions.
As a part of the report, the major players operating in the extracorporeal membrane oxygenation machine market that have been covered are Medtronics plc, LivaNova, Terumo Cardiovascular Systems Corporation, Nipro Medical Corporation, Microport Scientific Corporation, Getinge AB, Xenios AG, EUROSETS, ABIOMED.
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This analytics report segments the extracorporeal membrane oxygenation machine market on the following basis:
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