The semiconductor and electronics industry reported constant growth from the time it came into being, approximately 40 years ago, until the economic crisis in 2009. The industry was able to cope from short term economic challenges, such as the bursti ....see more
The GaN power device market was valued at USD 327.3 Million in 2016 and is expected to reach USD 1,890.2 Million by 2023, at a CAGR of 29.1% during the forecast period. The base year considered for the study is 2016 and the forecast period is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the market on the basis of device type, voltage range, application, vertical, and geography. The report also provides information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the GaN power device market, along with the detailed value chain. The report also profiles the most promising players in the GaN power device market. The competitive landscape of the market presents an interesting picture of the strategies adopted by a large number of players. The key players in this industry are Cree (US), Qorvo (US), MACOM (US), Microsemi Corporation (US), Analog Devices US), Efficient Power Conversion (US), Integra Technologies (US), Transphorm (US), Navitas Semiconductor (US), Texas Instruments (US), Sumitomo Electric (Japan), Northrop Grumman Corporation (US), Qromis (US), Polyfet (US), TOSHIBA (Japan), Sumitomo Electric (Japan), Mitsubishi Electric (Japan), Panasonic (Japan), GaN Systems (Canada), VisIC Technologies (Israel), GaNPower (Canada), Infineon (Germany), Exagan (France), Ampleon (Netherlands), and EpiGaN (Belgium).
The power line communication market is valued at USD 5.5 billion in 2017 and is expected to reach USD 9.5 billion by 2023, at a CAGR of 9.5% during the forecast period. The need for cost effective installations, growing deployment of smart grids, and high penetration of broadband power line communication devices in the indoor networking application is likely to propel the growth of the market. Some of the major companies operating in the said market are Siemens (Germany), NETGEAR (US), ABB (Switzerland), AMETEK (US), Schneider Electric (France), General Electric (US), Hubbell Power Systems (US), TP-Link Technologies (China), D-Link (Taiwan), Landis+Gyr (Switzerland), Belkin International (US), devolo (Germany), and Zyxel Communications (Taiwan).
The smart beacon market is expected to be valued at USD 1,363.6 million in 2017 and is likely to reach USD 19,805.5 million by 2023, at a CAGR of 56.2% between 2017 and 2023. The growing adoption of smartphones and the increasing focus on business intelligence to gain competitive advantage are driving the growth of the market. The report profiles the key players in the smart beacon market. The competitive landscape of the market presents an interesting picture of the strategies adopted by these players to grow in the market. Some of the key players in this market are Estimote (US), Aruba (A Hewlett Packard Enterprise Company) (US), Kontakt.io (Poland), Cisco (US), Bluvision (An HID Global Company) (US), Onyx Beacon (Romania), Leantegra (US), Gimbal (US), Accent Systems (Spain), Swirl Networks (US), Sensoro (US), JAALEE Technology (China), Beaconinside (Germany), Blesh (US), and BlueUp (Italy).
The pick to light market was valued at USD 304.1 Million in 2016 and is expected to reach USD 538.2 Million by 2023, at a CAGR of 8.84% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the pick to light market based on method, power source, operation, industry, and region. The report provides detailed information regarding the major factors influencing the growth of the pick to light market. The report also gives a detailed overview of the value chain in the ecosystem of pick to light and analyzes the market trends based on the competitive leadership analysis. The pick to light market is dominated by various players according to their core competencies. Key players in this market are Daifuku (Japan), Murata Machinery (Japan), SSI Schaefer (Germany), Dematic (US), and Honeywell Intelligrated (US).
The heat interface unit market is expected to witness high growth during the forecast period. The overall market is expected to grow from USD 342.3 Million in 2016 to USD 591.3 Million by 2023, at a CAGR of 7.9% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period considered is between 2017 and 2023. The report also profiles the most promising players in this market. The competitive landscape of the market presents an interesting picture where a large number of players have become a force to reckon with. The key players in this market are Armstrong Fluid Technology (Canada), Bosch (UK), Dutypoint (UK), Honeywell (Switzerland), Kingspan (Ireland), GIACOMINI (Italy), Docherty (UK), Caleffi (Italy), ALFA LAVAL (Sweden), Danfoss (Denmark), Reliance Worldwide Corporation (UK) , and Intatec (UK).
The flue gas analyzer market is estimated to be worth USD 576.2 Million in 2017 and is expected to reach USD 814.2 Million by 2023, at a CAGR of 5.93% between 2017 and 2023. The growth of this market is propelled by the rise in the demand for environmental protection, stringent environmental and legal regulations, and increase in health and safety concerns. ABB (Switzerland), SICK (Germany), Teledyne Analytical Instruments (US), Emerson (US), AMETEK (US), HORIBA (Japan), California Analytical Instruments (US), Environnement (France), Testo (Germany), Nova Analytical Systems (US), Dragerwerk (Germany), Thermo Fisher Scientific (US), and Siemens (Germany) are some major companies in this market
The document management systems market is expected to reach USD 6.78 Billion by 2023 from USD 3.59 Billion in 2017, at a CAGR of 11.17% during the forecast period. Growth in this market is mainly driven by factors such as the increasing need to streamline business operations, benefits of digitalizing content across enterprises, and the increasing need to adhere to compliance requirements. Some key players in this region include OpenText Corporation (Canada), Xerox Corporation (US), IBM Corporation (US), eFileCabinet Inc. (US), SpringCM (US), Oracle Corporation (US), and Hyland Software Inc. (US).
The system in package market is likely to witness high growth in the coming years due to the increasing need for advanced architecture in electronic products and the growing market for smartphones, tablets, and gaming devices. The system in package market is expected to grow from USD 5.44 Billion in 2016 to USD 9.07 Billion by 2023, at a CAGR of 9.4% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period is between 2017 and 2023. ASE Group (Taiwan), Amkor Technology (US), JCET (China), Chipmos Technologies (Taiwan), Chipbond Technology (Taiwan), KYEC (Taiwan), Intel (US), Samsung Electronics (South Korea), Texas Instruments (US), and Signetics (South Korea) are the major players operating in the system in package market.
The unmanned aerial vehicle (UAV) drones market is expected to grow from USD 17.82 Billion in 2017 to USD 48.88 Billion by 2023, at a CAGR of 18.32% between 2017 and 2023. The drivers for this market are rapid technological advancements in drones and increase in demand for drone-generated data in commercial applications are the key factors for the growth of the market. Further, the increase in venture funding propels the growth of the UAV drones market. The current market is dominated by the players such as Northrop Grumman (US), DJI (China), General Atomics Aeronautical Systems (US), Parrot (France), Thales (France), 3DR (US), Boeing (US), PrecisionHawk (US), Lockheed Martin (US), Textron (US), and AeroVironment (US).
The swarm intelligence market is expected to be valued at USD 447.2 Million by 2030, growing at a CAGR of 40.47% from 2020 to 2030, considering the technology will get commercialized by 2020. The estimated year considered for the study is 2020, and the forecast period is between 2020 and 2023. The report profiles the most promising players in this market. The key players in this market are DoBots (Netherlands), Hydromea (Switzerland), Sentien Robotics (US), Unanimous A.I. (US), AxonAI (US), Swarm Technology (US), SSI Schäfer - Fritz Schäfer (Germany), Valutico (Austria), Enswarm (UK), and Power-Blox (Switzerland).
The airflow management market was valued at USD 419.8 Million in 2016 and is expected to reach USD 807.3 Million by 2023, at a CAGR of 9.24% between 2017 and 2023. The airflow management market is mainly driven by the growing demand for green data centers globally. Key players in the ecosystem of the airflow management market profiled in this report are Upsite Technologies (US), Kingspan Group (Ireland), Schneider Electric (France), Eaton Corporation (Ireland), Subzero Engineering (US), Polargy, Inc. (US), Geist (US), AdaptivCOOL (US), 42U (US), Data Clean Corporation (US), EDP Europe (UK), Triad Floors (US), Conteg (Czech Republic), Unitile (India), Halton Group (Finland), E Technologies (US), ProSource Technical Services (US), Critical Environments Group (US), 2bm Ltd. (England), and Tripp Lite (US).
The augmented and virtual reality in healthcare market was valued at USD 769.2 Million in 2017 and is expected to reach USD 4,997.9 Million by 2023, at a CAGR of 36.6% during the forecast period. Some major companies operating in the market for augmented reality in healthcare and virtual reality in healthcare are Google (US), Microsoft (US), DAQRI (US), Psious (Spain), Mindmaze (Switzerland), Firsthand Technology (US), Medical Realities (UK), Atheer (US), Augmedix (US), and Oculus VR (US). The other major players in the market include CAE Healthcare (US), Philips Healthcare (Netherlands & US), 3D Systems (US), VirtaMed (Switzerland), HTC (Taiwan), Siemens Healthineers (Germany), and Virtually Better (US).
The SCR power controller market is estimated to be worth USD 130.6 Million in 2017 and is expected to reach USD 171.3 Million by 2023, at a CAGR of 4.62% between 2017 and 2023. The growth of this market is propelled by the rising demand for digitization of SCR power controllers across various applications. Honeywell (US), Schneider Electric (France), ABB (Switzerland), Omron (Japan), Advanced Energy Industries (US), Chromalox (US), Gefran (Italy), JUMO (Germany), Siemens (Germany), and Control Concepts (US) are the major players involved in this market.
The overall intelligent virtual assistant (IVA) market was valued at USD 1.36 Billion in 2016 and is expected to reach USD 17.72 Billion by 2023, at a CAGR of 38.82% between 2017 and 2023. The report aims at estimating the market size and future growth potential of the IVA market based on product, user interface, type, industry, and geographic analysis. Major companies in the overall IVA market that have been included in this report are Alphabet (US), Amazon.com (US), Apple (US), Nuance Communications (US), IBM (US), Microsoft (US), Samsung Electronics (South Korea), Inbenta Technologies (US), Baidu (China), and Blackberry (US).
The global Ethernet controller market is projected to exhibit a lucrative growth potential during the forecast period. The growth of this market is propelled by the growing demand for high-performance applications, integration of advanced features, and small form factor and easy interface with 16 and 32-bit embedded CPUs. The Ethernet controller market was valued at USD 8.28 Billion in 2017 and is expected to reach USD 11.89 Billion by 2023, at a CAGR of 6.22% during the forecast period. The major players in the Ethernet controller market include Intel (US), Broadcom (Singapore), Microchip (US), Marvell (US), and Microsemi (US).
The substation monitoring system market is expected to grow from USD 3.32 Billion in 2017 to USD 5.21 Billion by 2023, at a CAGR of 7.8% between 2017 and 2023. The growth of this market is fueled by the growing demand for reduction in transmission and distribution losses, aging infrastructure, increasing investments (contracts) from the government, and improving IoT-based communication network. The major players operating in the substation monitoring system market are ABB (Switzerland), Honeywell (US), Siemens (Germany), Schneider Electric (France), Emerson Electric (US), General Electric (US), Eaton (Ireland), Schweitzer Engineering Laboratories (US), NovaTech (UK), and Crompton Greaves (India).
The wireless display market was valued USD 2.86 Billion in 2017 and is expected to reach at USD 5.38 Billion by 2023, growing at a CAGR of 11.1% between 2017 and 2023. In terms of hardware volume in the consumer application, the market is expected to register shipments of 162.6 Million units by 2023. Some of the prominent players in the wireless display market are Google, Inc. (US), Amazon.com, Inc. (US), Apple Inc. (US), Microsoft Corporation (US), Roku, Inc. (US), Lattice Semiconductor (US), NETGEAR, Inc. (US), Cavium, Inc. (US), Actiontec Electronics, Inc. (US), and Belkin International, Inc. (US).
The overall solid state drives market is expected to increase from USD 26.47 Billion in 2017 to USD 60.22 Billion by 2023, at a CAGR of 14.68% between 2017 and 2023. Some of the key factors driving this market are increasing penetration of high-end cloud computing, growing adoption of SSDs in data centers, and advantages of SSDs over HDDs. Samsung (South Korea), Intel (US), Western Digital (US), Micron (US), and Toshiba (Japan) are the major players included in the report with market share analysis. The report also covers various innovators involved in the solid state drive market. Viking (US), Adata (Taiwan), Foremay (US), BiTMICRO Networks (US), and Crossbar (US) are a few innovators in the solid state drive market that offer disruptive products. Also, Diablo Technologies (Canada) and Violin Memory (US) are a few emerging companies in the market.
The Total Organic Carbon (TOC) analyzer market was valued at USD 828.1 Million in 2016 and is expected to reach USD 1,286.4 Million, at a CAGR of 6.3% during the forecast period from 2017 to 2023. The major players operating in this market include General Electric Company (US), Shimadzu Corporation (Japan), Mettler-Toledo International Inc. (Canada), Hach Company (US), LAR Process Analysers AG. (Germany), Teledyne Tekemar Company Inc. (US), Xylem, Inc. (US), Endress+Hauser Management AG (Germany), ELTRA GmbH (Germany), Metrohm AG (Switzerland), Elementar Analysensysteme GmbH (Germany), and Skalar Analytical B.V. (Netherlands).
The universal flash storage market is valued at USD 1.65 Billion in 2016 and is estimated to grow at a CAGR of 18.3% to reach USD 4.50 Billion by 2023. This growth can be attributed to the growing demand for electronic devices with faster performance and improved responsiveness, rising adoption of high-speed data transfer technologies, and increasing demand for wearable electronics. Major players operating in the universal flash storage market include Arasan Chip Systems Inc. (US), Cadence Design Systems, Inc. (US), GDA Technologies Inc. (US), Micron Technology, Inc. (US), Phison Electronics Corporation, Inc. (Taiwan), Samsung Electronics Co., Ltd. (South Korea), Silicon Motion Technology Corporation (US), SK Hynix, Inc. (South Korea), Synopsys, Inc. (US), and Toshiba Corporation (Japan).
The mobile engagement market was valued at USD 2.33 Billion in 2016 and is expected to reach USD 38.70 Billion by 2023, at a CAGR of 43.46% during the forecast period. In this report, 2016 has been considered as the base year, and the market size forecast is provided for 2017–2023. Major players operating in the mobile engagement market include IBM (US), Salesforce (US), Oracle (US), Adobe (US), Vibes Media (US), Selligent (Belgium), Urban Airship (US), Appboy (US), Localytics (US), Swrve (US), Tapjoy (US), and Marketo (US).
The fluid handling system market is projected to be valued at USD 73.28 Billion by 2023, growing at a CAGR of 4.8% between 2017 and 2023. The growth of this market is propelled by the increasing demand for different types of pumps in the oil and gas industry, high demand for advanced systems in the chemical and wastewater management industries, and increased focus on plant automation. Alfa Laval AB (Sweden), Colfax Corporation (US), Crane Co. (US), Flowserve Corporation (US), and Graco Inc. (US) are among the leading players in the fluid handling system market. Other key players in the fluid handling system market include Bürkert GmbH & Co. KG (Germany), Dover Corporation (US), INDEX Corporation (US), Ingersoll-Rand plc (Ireland), and SPX Flow, Inc. (US).
The smart offices market was valued at USD 18.82 Billion in 2016 and is expected to reach USD 46.11 Billion by 2023, at a CAGR of 12.94% during the forecast period. The base year considered for the study is 2016, and the forecast for the market size is provided for the period between 2017 and 2023. The major players operating in the smart office market include ABB, Cisco Systems, Crestron Electronics, Honeywell, Johnson Controls, Philips Lighting, Lutron Electronics, Schneider Electric, Siemens, and United Technologies Corporation.
The global smart pole market is expected to be worth USD 16.65 Billion by 2023 from USD 4.92 Billion in 2016, growing at a CAGR of 19.99% between 2017 and 2023. The major players in the ecosystem of smart pole market are Philips Lighting Holding B.V. (Netherlands), General Electric company (US), Hubbell Incorporated (US), Cree, Inc. (US), Eaton Corporation (Ireland), Acuity Brands (US), Zumtobel Group (Austria), SYSKA LED (India), Neptun Light Inc. (US), Maven Systems Pvt. Ltd. (India), Lumca Inc. (Canada), Sunna Design (France), Mobile Pro Systems (US), Goldspar Australia Pty Ltd. (Australia), and Virtual Extension Ltd. (Israel).
The workflow automation market was valued at USD 4.26 Billion in 2016 and is expected to reach USD 18.45 Billion by 2023, at a CAGR of 23.56% between 2017 and 2023. The base year considered for the study is 2016 and the forecast period is between 2017 and 2023. The major players in the workflow automation market are IBM Corporation (US), Oracle Corporation (US), Pegasystems Inc. (US), Software AG (Germany), Xerox Corporation (US), Appian Corporation (US), Bizagi (UK), Ipsoft Inc. (US), Newgen Software Technologies Limited (India), and Nintex Global Limited (US)
The Hall-Effect current sensor market was valued at USD 831.0 Million in 2016 and is expected to grow at a CAGR of 8.4% between 2017 and 2023. The major players operating in the Hall-Effect current sensor market are ABB Ltd (Switzerland), Honeywell International, Inc. (US), STMicroelectronics N.V. (Switzerland), Allegro MicroSystems LLC (USA), Asahi Kasei Microdevice Corporation (Japan), Infineon Technologies AG (Germany), Melexis NV (Belgium), LEM Holding SA (Switzerland), TDK Corporation (Japan), and Kohshin Electric Corporation (Japan).
The digital out of home market is expected to grow from USD 12.52 Billion in 2016 to USD 26.21 Billion by 2023, at a CAGR of 10.7% between 2017 and 2023. In 2016, the digital out of home market was dominated by JCDecaux (France), Lamar Advertising Company (US), Clear Channel Outdoor Holdings, Inc. (US), OUTFRONT Media (US), Prismview LLC (US), and Daktronics (US). Other major players in the digital out of home market include NEC Display Solutions, Ltd. (Japan), Stroer SE & Co. KGaA (Germany), Broadsign International LLC. (Canada), oOh!media Ltd. (Australia), Mvix, Inc. (US), Christie Digital Systems USA, Inc. (US), Ayuda Media Systems (US), Deepsky Corporation Ltd. (Hong Kong), and Aoto Electronics Co., Ltd (China).
The smart hospital market was valued at USD 13.52 Billion in 2016 and is expected reach USD 63.49 Billion by 2023, at a CAGR of 24.00% from 2017 to 2023. The major players in the smart hospital market are Medtronic (Ireland), Philips (Netherlands), Microsoft (US), GE Healthcare (US) and Qualcomm Life (US), Honeywell Life Care Solutions (US), SAP (Germany), Allscripts (US), Allengers (India), Siemens AG (Germany), and CitiusTech Inc. (US), Infor (US), Athenahealth (US), PhysIQ (US), Diabetizer (Germany), AdhereTech (US), Epic (US), GlucoVista (US), STANLEY Healthcare (US), Cerner Corporation (US), and McKesson (US).
The adaptive optics market is expected grow from USD 218.8 Million in 2016 to USD 2,190.9 Million by 2023, at a CAGR of 40.8% from 2017 to 2023. The major drivers for the growth of this market are the adoption of adaptive optics in ophthalmology and retinal imaging as well as increased government funding. The companies that are profiled in this report are Teledyne e2v (UK) LTD (UK), NORTHROP GRUMMAN CORPORATION (US), Thorlabs, Inc. (US), Iris AO, Inc. (US), Adaptica S.r.l. (Italy), Active Optical Systems, LLC (US), Flexible Optical B.V. (Netherlands), Imagine Optic SA (France), Boston Micromachines Corporation (US), and Phasics Corp. (France).
The overall interactive voice response market is projected to exhibit a lucrative growth potential between 2017 and 2023. The interactive voice response (IVR) market was valued at USD 3.73 Billion in 2017 and is expected to reach USD 5.54 Billion by 2023, at a CAGR of 6.83% during the forecast period. The growth of the IVR market is attributed to the increasing integration of advanced technologies and rise in the cloud-based services that meet the industry standards for the IVR systems. The key market players in the North America are inContact Inc. (US), Nuance Communications, Inc. (US), Convergys Corporation (US), Avaya Inc. (US), Cisco Systems, Inc. (US), AT&T Inc. (US), West Corporation (US), Genesys Telecommunication Laboratories, Inc. (US), Verizon Communications Inc. (US), and 24/7 Customer, Inc. (US).
The managed print services market is expected to grow from USD 28.40 Billion in 2016 to USD 50.78 Billion by 2023, at a CAGR of 8.51% between 2017 and 2023. This report provides the market size and future growth potential of the managed print services market across different segments such as deployment mode, channel type, applications, organization size, and geography. Some of the major players in the managed print services market are Xerox Corporation (US), HP Development Company, L.P. (US), Ricoh Company, Ltd. (Japan), and Lexmark International, Inc. (US).
The rugged display market was valued at USD 7.03 Billion in 2016 and is expected to reach USD 10.29 Billion by 2023, at a CAGR of 5.92% between 2017 and 2023. The report profiles top players of the rugged display market including Getac Technology Corp. (Taiwan), Panasonic Corp. (Japan), Zebra Technologies Corp. (US), Sparton Corp. (US), Xplore Technologies Corp. (US), Beijer Electronics Group AB (Sweden), General Dynamics Corp. (US), L3 Technologies, Inc. (US), Kyocera Corp. (Japan), Curtiss-Wright Corp. (US), and Esterline Technologies Corp. (US).The report also analyzes the trends for each of the market segments along with their respective growth rates.
According to the MarketsandMarkets forecast, the industrial lighting market is expected to be worth USD 13.17 Billion by 2023, growing at a CAGR of 7.82% between 2017 and 2023. The major drivers for the market include modernization and infrastructural development, durability of LED lights for industrial usage, and low energy consumption by LEDs. The key players operating across the value chain of the industrial lighting market are Philips Lighting Holding B.V. (Netherlands), Hubbell Lighting, Inc. (US), Emerson (US), Legrand (France), Acuity Brands Lighting, Inc. (US), TOYODA GOSEI Co., Ltd (Japan), Cree, Inc. (US), General Electric (US) , Osram Licht AG (Germany), and Zumtobel Group (Austria).
The radar sensor market is expected to grow from USD 5.95 Billion in 2016 to USD 20.64 Billion by 2023, at a CAGR of 19.51% between 2017 and 2023. The growth of the radar sensor market is driven by factors such as increasing focus on safety and security needs in automotive applications, unlocking the wideband 5G and millimeter wave–based RF system capabilities, and the increasing need for border security systems. Major companies involved in the development of radar sensor such as Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive LLP (UK), HELLA KGaA Hueck & Co (Germany), Autoliv Inc. (Sweden), Infineon Technologies AG (Germany), Lockheed Martin Corporation (US), NXP Semiconductors N.V. (The Netherlands), and Smart Microwave Sensors GmbH (Germany).
The noise monitoring market is expected to reach USD 806.5 Million by 2023 from USD 610.2 Million in 2016, at a CAGR of 4.1% between 2017 and 2023. The report also profiles the most promising players in this market. The key players in this market are Svantek (Poland), RION Co. Ltd. (Japan), Bruel & Kjaer (Denmark), Cirrus Research Plc (UK), Extech Instruments (US), Pulsar Instruments (UK), 3M (US), Nti-Audio (Liechtenstein), Castle Group Ltd. (UK), SKF Group (Sweden), Kimo Instrument (Japan), B&K Precision Corporation (US), HT Instruments (Germany), 01dB (ACOEM Group) (France), SINUS Messtechnik GmbH (Germany), CESVA INSTRUMENTS SLU (Spain), Testo SE & Co. KGaA (Germany), and Casella Inc. (US).
The low noise amplifier (LNA) market is expected to grow from USD 1.17 Billion in 2016 to USD 3.00 Billion by 2023, at a CAGR of 13.8% between 2017 and 2023. The major players of the LNA market are NXP Semiconductors N.V. (Netherlands), Analog Devices, Inc. (US), Infineon Technologies AG (Germany), L3 Narda-MITEQ (US), Qorvo, Inc. (US), Skyworks Solutions, Inc. (US), ON Semiconductor Corp. (US), Panasonic Corp. (Japan), Texas Instruments, Inc. (US), and Teledyne Microwave Solutions (US). The key innovators of the market are Custom MMIC (US), MACOM Technology Solutions Holdings, Inc. (US), SAGE Millimeter, Inc. (US), WanTcom Inc. (US), and DBWave Technologies Co., Ltd. (China).
The overall acoustic wave sensor market is expected to grow from USD 0.4 billion in 2016 to USD 0.9 billion by 2023, at a CAGR of 10.7% during the forecast period. Growing concern toward security and surveillance, increasing demand for surface acoustic waves (SAW) based temperature sensors across various industries due to their various benefits such as accuracy, wide temperature sensing range, fast response rate, low cost, repeatability and microelectromechanical sensor (MEMS) technology are some of the major factors fueling the growth of this market. Key players in the acoustic wave sensor market comprise companies operating at different stages of the market’s value chain. The key market players include Althen GmbH (Germany), NanoTemper Technologies GmbH (Germany), H. Heinz Meßwiderstände GmbH (Germany), Transense Technologies plc (UK), Pro-micron (Germany), Vectron International Inc. (US), Qualtre Inc. (US), Senseor SAS (FRANCE), Sensor Technology Ltd. (US) Organic growth strategies, such as product launches, are the focus of many of the above companies.
The global hearable devices market is expected to increase to USD 23.24 Billion by 2023, at a CAGR of 9.98% between 2017 and 2023. GN Store Nord A/S (Denmark), Sivantos Pte Ltd. (Singapore), Apple Inc. (US), Samsung Electronics Co., Ltd. (South Korea), Sennheiser Electronics GmBH, Co. KG (Germany), and Sony Corporation (Japan) are the major players in the report with ranking analysis. The report also covers the various start-ups and innovators involved in this market. Starkey Hearing Technology Inc. (US), Bragi GmBH (Germany), Doppler Labs Inc. (US), Miracle-Ear, Inc. (US), and Valancell Inc. (US) are few innovators in the market that offer disruptive products. Also, Earin AB (Sweeden), Nuheara Ltd. (Australia), Kanoa Inc. (Curacao), and Eargo Inc. (US) are few emerging companies in the market.
AS-Interface market is expected to be valued at USD 1,158.5 Million by 2023, growing at a CAGR of 4.3% between 2017 and 2023. The major players in the AS-Interface market includes Bihl+Wiedemann GmbH (Germany), ifm electronic gmbh (Germany), Siemens AG (Germany), Valmet Corporation (Finland), Pepperl+Fuchs GmbH (Germany), Baumer Electric AG (Switzerland), ABB Ltd. (Switzerland), Emerson Electric Co. (US), Phoenix Contact GmbH & Co. KG (Germany), and Schneider Electric SE (France).
The motor management market for control devices and software is expected to be worth USD 4.03 Billion by 2023, growing at a CAGR of 5.35% between 2017 and 2023. The market is propelled by the rising demand for smart, multifunctional, integrated motor control, and protection devices as well as the need for reducing unplanned industrial downtime. Market players such as General Electric (US), Texas Instruments (US), Siemens AG (Germany), Schneider Electric SE (France), and ABB Ltd. (Switzerland). Analog Devices, Inc., (US), Eaton Corporation Plc (Ireland), Mitsubishi Electric Corporation (Japan), Rockwell Automation (US), and Hitachi, Ltd (Japan) are focusing on product launches, research and development, acquisitions, and collaborations to enhance their product offerings and expand their business.
The building management system (BMS) market was valued at USD 6.65 billion in 2016 and is expected to reach USD 19.25 billion by 2023, at a CAGR of 16.71% between 2017 and 2023. The report profiles the most promising players in the building management system market. The key players in the building management system market are Honeywell International Inc. (US), Siemens AG (Germany), Johnson Controls International PLC (Ireland), Schneider Electric SE (France), United Technologies Corp. (US), IBM Corporation (US), Ingersoll-Rand Plc (Ireland), and Delta Controls (Canada).
The Bluetooth Smart and Smart Ready market was valued at USD 4.55 Billion in 2016 and is expected to reach USD 5.34 Billion by 2023, at a CAGR of 2.23% during the forecast period. Growth of this market is being fueled by technological advancements over the past few years. Some of the major companies operating in the Bluetooth Smart and Smart Ready market are Qualcomm Inc. (US), Broadcom Corporation (Singapore), Cypress Semiconductor Corporation (US), Dialog Semiconductor PLC (UK), Marvell Technology Group, Ltd. (Bermuda), Mediatek, Inc. (Taiwan), Nordic Semiconductor ASA (Norway), Bluegiga Technologies (Finland), Texas Instruments Incorporated (US), Fanstel Corporation (US), Toshiba Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), Renesas Electronics Corporation (Japan), Microchip Technology Inc. (US), and CEVA, Inc. (US).
The digital signage software market was valued at USD 4.48 Billion in 2016 and is expected to reach USD 9.24 Billion by 2023, at a CAGR of 10.2% during the forecast period. The base year considered for the study is 2016, and the forecast period is between 2017 and 2023.Developers and providers of digital signage software are aiming for more values on return. Some key players in this region include Scala, Inc. (US), Planar Systems, Inc. (US), Broadsign International LLC (Canada), and Omnivex Corporation (Canada).
According to MarketsandMarkets, the wireless sensor networks (WSN) market was valued at USD 29.06 Billion in 2016 and is expected to reach USD 93.86 Billion by 2023, at a CAGR of 18.55% between 2017 and 2023. The companies covered in this report are Intel Corporation (US), ABB Ltd. (Switzerland), Texas Instruments Inc. (US), Huawei Investment & Holding Co., Ltd. (China), Cisco Systems Inc. (US), STMicroelectronics N.V. (Netherlands), TE Connectivity Ltd. (Switzerland), NXP Semiconductor N.V. (Netherlands), Dell Inc. (US), Hewlett Packard Enterprise Company (US), Robert Bosch GmbH (Germany), Advantech Co., Ltd. (Taiwan), Honeywell International Inc. (US), Broadcom Limited (US), Infineon Technologies AG (Germany), Emerson Electric Company (US), Analog Devices Inc. (US), Eurotech S.p.A (Italy), Invensense Inc. (US), and Sensirion AG (Switzerland). Some of the important start-ups in the wireless sensor network market such as SmartThings Inc. (US), Episensor Ltd. (Ireland), Notion (US), Helium Systems Inc. (US), and Beep Inc. (US) have also been included in the report.
The overall industrial access control market is projected to grow from USD 815 million in 2017 to USD 1,318 million by 2023—grow at a CAGR of 8.3%. The growth of the industrial access control market is driven by the high adoption of access control solutions due to growing security concerns, technological advancements and deployment of wireless technology in security systems, and adoption of Internet of Things (IoT)-based security systems. Adoption of access control as a service (ACaaS) is expected to provide huge growth opportunities to market players. The industrial access control market is currently dominated by ASSA ABLOY AB (Sweden), Johnson Controls International PLC (Ireland), dormakaba Holding AG (Switzerland), Allegion PLC (Ireland), Honeywell Security Group (US), NEC Corporation (Japan), Bosch Security Systems Inc. (Germany), Identiv, Inc. (US), Siemens Building Technologies (Switzerland), and 3M company (US). A few of the major strategies adopted by these players to compete in the industrial access control market include product launches and developments, partnerships, and mergers and acquisitions.
The wireless fire detection systems market is expected to be worth USD 303.8 Million by 2020, growing at a CAGR of 7.7% between 2016 and 2020. The growth of the market is propelled by the increasing demand of these systems in retrofit installations due to the cost effectiveness and the ease involved in installing these systems. In addition, the improvement in the existing government regulations and mandates regarding fire protection systems are the major factors driving the market.
The sensor hub market was valued at USD 9.87 Billion in 2016 and is expected to reach USD 32.53 Billion by 2023, at a CAGR of 18.9% during the forecast period. The sensor hub market is driven by factors such as the steady growth in the number of integrated sensors in smartphones and the increasing use of 6-axis and 9-axis sensor solutions or use of sensor fusion within devices. Major players involved in the sensor hub market include Microchip Technology, Inc.(US), STMicroelectronics N.V. (Switzerland), Robert Bosch GmbH (Germany), NXP Semiconductors N.V.(Netherland), RoHM Co. Ltd. (Japan), Analog Devices, Inc.(US), InvenSense, Inc. (US), Intel Corp (US), Infineon Technologies AG (Germany), RoHM Co. Ltd. (Japan) and Memsic, Inc. (US).
The tilt sensor market was valued at USD 150.8 Million in 2016 and is expected to reach USD 260.3 Million by 2023, at a CAGR of 8.17% during the forecast period. The major players operating in this market include TE Connectivity Ltd. (Switzerland), SICK AG (Germany), Murata Manufacturing Co., Ltd. (Japan), Pepperl+Fuchs Vertrieb GmbH & Co. KG (Germany), Level Developments Ltd. (UK), ifm electronic gmbh (Germany), Balluff GmbH (Germany), Jewell Instruments LLC (US), DIS Sensors bv (Netherlands) and The Fredericks Company (US).
The optical sensing market is estimated to grow from USD 1.12 Billion in 2016 to USD 3.46 Billion by 2023, at a CAGR of 15.47% between 2017 and 2023. The key players in this market are ROHM Semiconductor (Japan), ABB (Switzerland), Hamamatsu Photonics K.K. (Japan), ams AG (Austria), and Fairchild Semiconductors (U.S.).
The harmonic filter market is estimated to reach USD 1.12 Billion by 2023, growing at a CAGR of 6.65% between 2017 and 2023. The major players in this market are ABB Ltd. (Switzerland), Schneider Electric SE (France), Eaton Corporation Plc (Ireland), Danfoss A/S (Denmark), and Schaffner Holding AG (Switzerland), among others.