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  • Interactive Projector system Market Segmentation, Application, Trends, Opportunity 2023

    Market Research Future (MRFR) reveals that the global interactive projector market is expected to exhibit a CAGR of approximately 21% during the evaluation period (2016-2023) and scale to a valuation of USD 3 billion  by 2023. 

    Market Insights

    The high rate of adoption of interactive projectors in learning and training institute is likely to boost the growth of its global market. The growing need for effective learning is transforming classroom activities. A growing of people towards digital classroom is expected to bolster the market growth. The need for smart learning is proving to be appreciable in corporate space as well. As a result, interactive whiteboards are being used in corporate training. The growing popularity of interactive whiteboards is expected to favor the global market. The game industry is a prominent end-user of  interactive projector market. The increasing demand for games that gives them a real-world experience, is anticipated to escalate its market.   

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    Segmental Overview

    The global interactive projector market study has been segmented on the basis of display type, projection distance, resolution, dimension, and application.

    Based on the display type, the global interactive projector market has been segmented into LCD (Liquid Color Display), DLP (Digital Light Processing), and LCoS (Liquid Crystal on Silicon).

    Based on the projection Distance, the global interactive projector market has been segmented into short throw, ultra-short throw, and standard throw. The ultra-short throw segment is expeted to generate high revenue for the interactive projector market.

    Based on the resolution, the global intertactive projector market has been segmented into XGA, Wide HD, XGA, and Wide UXGA.

    Based on the dimension, the global intertactive projector market has been segmented into 2D and 3D.

    Based on the application, the global interactive projejctor market has been segmented into education, media & advertisement, healthcare, enterprises, hospitality & tourism,  and others. The education sector is a high end-user of interactive projector as it aids in effective teaching and learning. The education segment is likely to register a high CAGR by the end of the forecast period. 

    Regional Outlook

    By region, the global interactive projector market has been studied across North America, Asia Pacific, Europe, and the Rest of the World (RoW).

    North America, due to robust technological advancements, is expected to lead in the global inertactive projector market. The high rate of adoption of interactive projectors in the education and government sectors is likely to surge the North American market. In Europe, the interactive projector market is likely to exhibit a robust growth pattern in the foreseeable future. The growing awareness among end-users is liekely to cast a positive impact on the European interative projector market. The Asia Pacfifc interactive projector market is anticipated to expand at lucrative CAGR over the evaluation period. As the BYOD concept trends in the APAC region, the interactive projector market is likely to surge. The growth of the APAC interactive projector market can be attributed to the growing demand for smart schools in emrging economies like India and Japan.  

    Key Players

    Seiko Epson Corporation (Japan), Boxlight Mimio (U.S), BenQ Corporation (Taiwan), ViewSonic Corporation (U.S), Mitsubishi Corporation (Japan), Infocus Corporation (U.S), Dell Inc. (U.S), Hitachi, Ltd. (Japan), Optoma Corporation (Taiwan), Christie Digital (U.S), Delta Electronics (Taiwan), NEC Corporation (Japan), Vivitek Corporation (U.K.), Touchmagix (U.S), Sony Corporation (Japan), Casio (Japan), Touchjet, Inc. (U.S), and Corporation (Japan).

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  • Gesture Recognition Market Global Sales Revenue, Price and Gross Margin Forecast To 2022

    Gesture Recognition market -Overview

    The rising inclination to work together with machines with no mechanical devices is predicted to motivate the Gesture Recognition market 2020. The semiconductor and electronics industry reports are created by Market Research Future, which highlights market options for expansion.  The market is expected to perceive a decent rise in income in the upcoming period.

    The expansion of manufacturing facilities by pooling in resources b mergers and acquisitions is estimated to derive the market ahead in the coming years. Moreover, the innovation in their applications is predicted further to enhance the opportunities for growth in the forecast period.

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    Segmental Analysis

    The segmental insight of the Gesture Recognition market is conducted on the basis of technology, product, application areas, and regions. Based on the technology, the Gesture Recognition market is segmented into sensors, 2D, 3D, among others. The sensor segment is further segmented into capacitive, infrared, ultrasonic & resistive. On the basis of products, the Gesture Recognition market is segmented into touch-less gesture recognition and touch-based gesture recognition. The segment of touch-less gesture recognition consists of touch-less biometric and touch-less sanitary equipment. Based on the application areas, the Gesture Recognition market is segmented into healthcare, hospitality, automobile, retail industry, aerospace, entertainment, consumer electronics, defense, and SME organizations, among others. Based on the regions, the gesture recognition & touch less sensing market is segmented into APAC, Europe, North America, and the rest of the regions.

    Detailed Regional Analysis 

    The regional assessment of the gesture recognition & touch less sensing market consists of APAC, Europe, North America, and the rest of the regions. The regional market in the Asia Pacific is controlling the Gesture Recognition market with a sizeable share. Owing to the high availability of inexpensive smartphones and tablets and the budding tendency for using digital technology in the region, especially in countries such as China and India due to the escalating foreign investments are promoting the growth of the market. The Gesture Recognition market in the North American region is anticipated to develop at a favorable CAGR in the forecast period. The European regional market for Gesture Recognition market is expected to develop robustly in the upcoming period.

    Competitive Analysis

    The establishment of a definite competitive advantage is estimated to spur market development in the forecast period. The inducements offered by the government are expected to display a positive influence on the overall market development in the impending period. The reinvention of the supply chains by integrating robust technology in them is estimated to spur the development of the market in the coming period. The state of technological development is estimated to be staggered as the development of the global market is at a relative standstill. The effect of unpredictable events has created substantial barriers that will have to suitably addressed and overcome to achieve normalcy in the global market. The need to invest in building a robust consumer base is estimated to rank on the top priorities of market leaders for the upcoming period. The weakening of trade channels is projected to present new challenges that have to be overcome expediently in the coming years. The regulations in various regions can be relied upon to rebuild market clout gradually in the future.

    The formidable contenders in Gesture Recognition market are Intel Corporation (U.S), Apple Inc. (U.S), Infineon Technologies (Germany), Iris guard (Jordan), Microsoft Corporation (U.S.), Qualcomm Inc.(U.S), SoftKinetic (Belgium), Prime Sense Limited (Isreal), Omron Corporation (Japan),   Texas Instruments (U.S.), and others.

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  • food service equipment and supplies Market’s Progress Amidst Corona Virus

    The boom in the food industry has led to the development of its related sectors as well, particularly that of the food service equipment and supplies market 2020. The industrial automation and equipment industry reports are set out by Market Research Future, which centers on market choices for expansion. The income potential of USD 45 billion is estimated, with the backing of a CAGR of 5 % by 2025.

    The rise in the volume of food delivery and preparation has drastically raised the amount of equipment required for the process, thus increasing the volume of foodservice equipment & supplies demand. Also, the increase in multi-function food appliances by food service equipment manufacturers is expected to further motivate the food service equipment and supplies market in the forecast period.

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    Segmental Analysis

    The segmental assessment of the food service equipment and supplies market has been conducted on the basis of application, product, and region. Based on the product, the food service equipment and supplies market has been segmented into food holding & serving equipment, storage & handling equipment, ware washing equipment, cooking equipment, and others. The segment of cooking equipment is expected to develop at a considerable rate throughout the forecast period owing to the mounting demand for cooking and beverage preparation equipment from the commercial and residential sectors. On the basis of the applications, the food service equipment and supplies market consists of hotels & clubs, quick service restaurants, full-service restaurants, caterers, and others. The segment of quick-service restaurants is anticipated to develop at a considerable rate in the forecast period. Based on the regions, the food service equipment and supplies market comprises of North America, Europe, Asia-Pacific, and RoW.

    Detailed Regional Analysis 

    The regional scrutiny of the food service equipment and supplies market includes regions such as North America, Europe, Asia-Pacific, and RoW. The regional market in the Asia-Pacific region is anticipated to develop at a speedy pace in the food service equipment and supplies market owing to rising food service centers, expanding number of nuclear families, and altering lifestyles in countries such as China and India, among other emerging nations. The region of North American is projected to record a reasonable growth in the forecast period. The extensive adoption of technologically progressive products and the growing implementation of these products are the factors that are enhancing the market development in the region. The regional market in the European region is anticipated to develop at a remarkable rate in the forecast period. The prosperous tourism industry and an extensive range of options for dining out are anticipated to drive the market development in the European region. While the rapid urbanization is anticipated to lift the development of food service equipment and supplies market in the Middle East & Africa region during the forecast period.

    Competitive Analysis

    The contenders in the market existing in harmony with each other, and barriers to entry in the market are predicted to become less challenging in the future. The instabilities in the currency are anticipated to even out and consequently generate a promising influence on the market. The enhancement in the functioning and quality of products is estimated to open up new avenues for progress in the forecast period. The alternation in consumer trends is predicted to create a surge in a variety of products that will be offered in the market. The combined effect is formed in the middle of supply and demand forces in the market is anticipated to encourage additional development of the market. The assistance provided by government bodies and trade bodies is forecasted to create better prospects for progress in the market globally. The market is projected to create a favorable growth backdrop for companies operating in the market. The diversification of production strategies is estimated to create a positive effect on the global market. The access to funding is expected to encourage further development of the market in the upcoming period.

    The renowned contenders in the food service equipment and supplies market are Duke Manufacturing Co. Inc. (US), Tupperware Hobart Corporation (US), Meiko (Germany), Ali Group SpA (Italy), Manitowoc Company Inc. (US), Brands Corporation (US), Hoshizaki Electric Co., Ltd (Japan), Fujimak Corporation (Japan), Dover Corporation (US), and Electrolux AB (Sweden).

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  • Agricultural machinery Market Size, Status and Forecast to 2025

    Agricultural machinery market – Overview

    The demand for increased crop yields has created a favorable scenario for the growth of the Agricultural machinery market 2020.The industrial automation and equipment industry reports are set out by Market Research Future, which centers on market choices for expansion. The market is projected to gain an income level of USD 135 Billion by 2025, with a CAGR of 4.8%.

    The presence of a strong agriculture infrastructure is estimated to create viable prospects for development, especially in the agriculture & farm equipment segment. Moreover, the increased developments in farm mechanization are estimated to boost the farm tools and equipment demand, thus benefitting the Agricultural machinery market in the forecast period.

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    Segmental Analysis

    The segmental assessment of the Agricultural machinery market has been carried out on the basis of function, product type, and region. On the basis of product type, the Agricultural machinery market has been segmented into harvester, cultivation & soil separation equipment, tractor, and others. On the basis of functions, the Agricultural machinery market has been segmented into plowing & cultivation, planting & fertilizing, harvesting, haying, and others. On the basis of the sales channel, the Agricultural machinery market has been bifurcated into the aftermarket and OEM. Based on the regions, the Agricultural machinery market consists of APAC, North America, Europe, and other global regions.

    Detailed Regional Analysis 

    The regional examination of the Agricultural machinery market comprises of APAC, North America, Europe, and other global regions. In 2018, the Agricultural machinery market was headed by the Asia Pacific region trailed by the regions of North America, Europe, and the RoW. The Asia-Pacific market is expected to develop at a speedy pace over the forecast period as the upsurge in population from China and India is leading to the demand for food, and the mounting volume of export of cereals. Besides, the augmented government funding and inducements on farming equipment, deficiency of farm labour, the advent of contract farming in India, and the rising sale of tractors are also backing the development of this market in the APAC region. The North American regional market is likely to develop at a considerable rate in the forecast period owing to the rising wine industry across the region and upsurge in demand for tractors from countries like the US and Canada. The European region is also a significant market for agriculture equipment owing to the labour shortage and developed efficiency through mechanization.

    Competitive Analysis

    The variabilities in the currency are anticipated to even out and consequently generate a promising influence on the market. The alternation in consumer trends is prophesied to create a surge in a variety of products that will be offered in the market. The aid offered by government bodies and trade bodies is forecasted to create better prospects for progress in the market globally. The contenders in the market existing in harmony with each other, and barriers to entry in the market are predicted to become less demanding in the future. The enhancement in the functioning and quality of products is estimated to open up new avenues for progress in the forecast period. The market is estimated to create a favorable growth backdrop for companies operating in the market. The diversification of production strategies is estimated to create a positive effect on the global market. The access to funding is likely to encourage further development of the market in the upcoming period. The joint effect is formed in the middle of supply and demand forces in the market is anticipated to encourage additional development of the market.

    The significant companies in the agriculture equipment global market are Deere & Company (US), Daedong Industrial Co., Ltd (US), Mahindra & Mahindra Limited (India), CNH Industrial NV (UK), JC Bamford Excavators Limited (UK), Iseki & Co., Ltd (Japan), Kubota Corporation (Japan), AGCO Corp. (US), CLAAS KGaA mbH (Germany), and Escorts Limited (India). 

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  • PH Sensors Market 2020: Global Industry Analysis and Opportunity Assessment, Forecast to 2025

    The Global pH Sensors Market is driven by some of the leading players operating in the market including Texas Instruments (US), Banpil Photonics Inc. (US), Power Systems Inc. (US), Oceana Sensor Technologies Inc. (US), Infineon Technologies AG (Germany), In-Situ Inc. (UK), Omron Corporation (Japan), Omega (Switzerland), Emerson Process Management (US), Burkert and Endress+Hauser (Switzerland) With their sedulous work these fervent players are constantly bringing up novelties in PH Sensors. Acknowledging their contribution, MRFR has profiled them in their Analysis.  

    Global pH Sensors Market- Overview

    pH Sensor, a device, used to quantify acid/ alkali concentration in substances like water, soil, & chemical etc. is garnering extensive traction worldwide. Using pH Sensor is the most practical & cost-effective way to measure pH balance in the substances. Hence, it is extensively used in industries like Water management/ treatment, Agriculture, Chemical & their associated industries like food & beverages etc. The extensive demand from the burgeoning industries (water treatment, F&B & Chemical) defines the market growth of pH Sensor worldwide.

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    Acknowledging the recent proceedings, happening in the Market, the leading research firm, Market Research Future has published a meticulous study report giving out the complete market forecast up to 2023. In the study report, MRFR asserts that the Global pH Sensors Market will perceive an exponential growth, reaching to USD ~1802 million by 2023 at ~4% of a CAGR during 2017 to 2023.

    Increasing population, industrialization & urbanization worldwide, are prompting the water requirement more than ever. On the other hand, due to the anthropogenic issues like global warming, climatic changes etc. the water resources worldwide are rapidly depleting, demanding to protect the available resources with the utmost care. Government bodies worldwide, are too emphasizing upon harnessing the available reservoirs wisely by initiating water treatment plants. However, these water reservoirs need to be treated properly by eradicating the acidic or other biohazard substances from them before declaring them as safe drinking water.

    Agriculture sector is also substantially contributing to the market growth.  Owing to the growing population, the demand for food & eventually for yields is rising rapidly, further leading to increasing the uptake of pH Sensor to test & enhance the quality of Soil. Besides, the resurging industries like O&G, Chemical, and Mining coupled with the burgeoning industries such as F&B, Pharmaceutical & Textile, presage the growth prospects for the pH Sensors Market. Also, growing number of research and testing labs across the world, are expected to provide impetus to the sales of pH sensor.

    However, factors that restrict the uptake & ultimately the market growth of pH Sensor include, their cost & absence of standardization of these devices. Nevertheless, technological advancements are likely to present cost-competitive pH Sensor soon. This, in turn, will foster the market growth to an extent. 

    Global pH Sensors Market- Competitive Analysis

    The global pH Sensors Market appears to be fiercely competitive and fragmented with many well-established players having the global presence. Brand reinforcement, mergers & acquisitions, and innovation remain the popular trends for the key players in the market.

    Industry/Innovation/ Related News:

    April 05, 2018 – Electro-Chemical Devices (ECD - US) launched its new Chlorine sensor named - Free Chlorine Sensor. Designed with polarographic technology, the new device is also useful in the disinfection applications such as pH dependent ratio of hypochlorous acid (~100% at pH 5) and hypochlorite ion (~100% at pH 10). 

    March 20, 2018 – Semtech Corporation (US) a leading global provider for mixed-signal semiconductors, high performance analogue & advanced algorithms announced that its LoRa Technology (LoRa® devices and wireless radio frequency technology) is been implemented by the Teralytic, a leading manufacturer of wireless soil sensors, in its wireless sensor that detects nitrogen, phosphate and NPK (potassium) levels in soil to help farmers reduce waste and to improve crop yields. 

    Global pH Sensors Market- Segmentation

    For the convenience of the report and enhanced understanding; MRFR analysis is segmented into 5 key dynamics

    By Components                        : Comprises Temperature Sensing Element, Measuring Electrode, sensor body & Reference Electrode and others.

    By Types                                   : Portable pH sensor, Benchtop pH sensor & On-line pH sensor.

    By Measurement Technologies: Ion-Selective Field Effect Transistors (ISFET) & Amperometric Detectors among others.

    By Application                           : Industrial, Agriculture, Paper & Pulp Industry, Metals & Mining, Food & Beverage industry & Healthcare among others.

    By Regions                                 :  North America, Europe, APAC and Rest of the World. 

    Global pH Sensors Market-Regional Analysis

    MEA (Middle East & Africa) is the largest market of PH Sensors accounting for the largest market share globally.  The growth of MEA market attributes to the burgeoning industries in the region like food and beverage and water treatment that are highly dependent on pH meters to provide quality water and processed food products. Moreover stringent governmental regulations encourages to adopt pH meters for safe drinking water, in turn, driving the regional market growth.

    Whereas Asia Pacific, North America and Europe regions accounts for the 2nd, 3rd & 4th largest markets for PH Sensors, respectively.  

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  • Global UV lithography Market to Exhibit Tremendous Surge While COVID 19 Outrage is Going High

    The global UV lithography market is expected to depict a significant market growth during the forecast period. Photolithography is an optical medium used to transfer patterns onto a substrate. The patterns are first transferred to an imagable photoresist layer. The photoresist is a liquid film that can be spread out on a substrate and developed into a selectively placed layer for subsequent processing. Photolithography can etch a pattern into an integrated circuit using just a single beam of ultraviolet light. The process does not require any additional material for etching; thus, it becomes a highly efficient and cost-effective solution for producing extremely small incisions in a substrate. Photolithography is also used to control the exact size and shape of the entire substrate. Increasing miniaturization of electronic devices has attributed to the growth of the global UV lithography market. However, the complex manufacturing process of semiconductor devices might act as a restraining factor to the growth of the global UV lithography market.

    The Global UV lithography market has been segmented on the basis of process, application, and region.

    Key Players

    The key players in the UV lithography market are identified across all the major regions based on their countries of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Samsung Electronics (South Korea), Carl Zeiss AG (Germany), ASML Holding NV (Netherlands), Applied Materials, Inc. (US), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Shanghai Micro Electronics Equipment (Group) Co., Ltd. (SMEE) (China), EV Group (EVG) (Austria), Veeco Instruments Inc. (US), SÜSS MICROTEC SE (Germany), NuFlare Technology Inc. (Japan), Tokyo Electron Limited (Japan), Vistec Electron Beam GmbH (Germany), JEOL Ltd (Japan), Rudolph Technologies, Inc. (US), and NIL TECHNOLOGY (Denmark). The companies are focused on innovating in their existing product portfolio as well as innovate new products by investing in research and development to analyze the changing market trends.

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    Regional Analysis

    The market for photolithography is estimated to register significant growth during the forecast period from 2019 to 2025. The geographic analysis of UV lithography market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. According to MRFR analysis, Asia-Pacific dominated the global UV lithography market in 2018 and is expected to maintain its dominance during the forecast period. The presence of several wafer fabrication facilities and semiconductor equipment manufacturers such as Taiwan Semiconductor Manufacturing Company Limited, Shanghai Micro Electronics Equipment (Group) Co., Ltd, and Tokyo Electron Limited has contributed to the growth of UV lithography market in Asia-Pacific. Moreover, the adoption of miniaturization techniques for the development of portable electronic devices is also estimated to fuel the growth of the market in Asia-Pacific. On the other hand, the market in North America is expected to register the fastest growth during the forecast period 2019–2025. The demand for developing advanced and highly powerful microprocessors has encouraged US-based manufacturers to adopt EUV lithography process. This, in turn, is expected to create opportunities for vendors in the UV lithography market in North America in the near future.

    Intended Audience

    • Raw Material and Manufacturing Equipment Suppliers
    • Middleware and Firmware Providers
    • Research Organizations and Consultancies
    • Government and Regulating Authorities
    • Semiconductor Device Manufacturer
    • Organizations, Forums and Alliance
    • System Integrators
    • Analysts, Technology Experts, and Strategic Business Planners
    • End Users

    Key Developments

    • In August 2019, EV Group (EVG) partnered with SCHOTT to demonstrate the readiness of 300mm (12 inch) nanoimprint lithography (NIL) for high-volume patterning of high-refractive-index (HRI) glass wafers used in the manufacturing of waveguides/light guides for next-generation augmented/mixed reality (AR/MR) headsets. The partnership will combine EVG’s proprietary SmartNIL process and SCHOTT RealView high-refractive-index glass wafers, and the manufacturing will be carried out within EVG’s NILPhotonics Competence Center at the company’s headquarters in Austria.
    • In February 2019, Taiwan Semiconductor Manufacturing Company Limited (TSMC) ordered 18 EUV lithography machines from ASML to accelerate its production of the 7nm process node.
    • In October 2018, Samsung Electronics commenced wafer production of its 7nm LPP (low power plus) node, 7LPP, using extreme ultraviolet (EUV) lithography technology. The commercialization of the 7LPP process node has encouraged customers to develop a complete set of products that would support applications in 5G, Artificial Intelligence (AI), enterprise and hyperscale datacenter, the Internet of Things (IoT), automotive, and networking.
    • In June 2016, ASML Holding NV acquired Hermes Microvision, Inc. (HMI), one of the suppliers of pattern verification systems used for advanced semiconductor devices. through this acquisition, HMI enhanced ASML’s holistic lithographic portfolio of lithography exposure systems, computational lithography, and metrology.

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  • Global UV lithography Market to Exhibit Tremendous Surge While COVID 19 Outrage is Going High

    The global UV lithography market is expected to depict a significant market growth during the forecast period. Photolithography is an optical medium used to transfer patterns onto a substrate. The patterns are first transferred to an imagable photoresist layer. The photoresist is a liquid film that can be spread out on a substrate and developed into a selectively placed layer for subsequent processing. Photolithography can etch a pattern into an integrated circuit using just a single beam of ultraviolet light. The process does not require any additional material for etching; thus, it becomes a highly efficient and cost-effective solution for producing extremely small incisions in a substrate. Photolithography is also used to control the exact size and shape of the entire substrate. Increasing miniaturization of electronic devices has attributed to the growth of the global UV lithography market. However, the complex manufacturing process of semiconductor devices might act as a restraining factor to the growth of the global UV lithography market.

    The Global UV lithography market has been segmented on the basis of process, application, and region.

    Key Players

    The key players in the UV lithography market are identified across all the major regions based on their countries of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Samsung Electronics (South Korea), Carl Zeiss AG (Germany), ASML Holding NV (Netherlands), Applied Materials, Inc. (US), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Shanghai Micro Electronics Equipment (Group) Co., Ltd. (SMEE) (China), EV Group (EVG) (Austria), Veeco Instruments Inc. (US), SÜSS MICROTEC SE (Germany), NuFlare Technology Inc. (Japan), Tokyo Electron Limited (Japan), Vistec Electron Beam GmbH (Germany), JEOL Ltd (Japan), Rudolph Technologies, Inc. (US), and NIL TECHNOLOGY (Denmark). The companies are focused on innovating in their existing product portfolio as well as innovate new products by investing in research and development to analyze the changing market trends.

    Access Report Details @ https://www.marketresearchfuture.com/reports/photolithography-market-8463

    Regional Analysis

    The market for photolithography is estimated to register significant growth during the forecast period from 2019 to 2025. The geographic analysis of UV lithography market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. According to MRFR analysis, Asia-Pacific dominated the global UV lithography market in 2018 and is expected to maintain its dominance during the forecast period. The presence of several wafer fabrication facilities and semiconductor equipment manufacturers such as Taiwan Semiconductor Manufacturing Company Limited, Shanghai Micro Electronics Equipment (Group) Co., Ltd, and Tokyo Electron Limited has contributed to the growth of UV lithography market in Asia-Pacific. Moreover, the adoption of miniaturization techniques for the development of portable electronic devices is also estimated to fuel the growth of the market in Asia-Pacific. On the other hand, the market in North America is expected to register the fastest growth during the forecast period 2019–2025. The demand for developing advanced and highly powerful microprocessors has encouraged US-based manufacturers to adopt EUV lithography process. This, in turn, is expected to create opportunities for vendors in the UV lithography market in North America in the near future.

    Intended Audience

    • Raw Material and Manufacturing Equipment Suppliers
    • Middleware and Firmware Providers
    • Research Organizations and Consultancies
    • Government and Regulating Authorities
    • Semiconductor Device Manufacturer
    • Organizations, Forums and Alliance
    • System Integrators
    • Analysts, Technology Experts, and Strategic Business Planners
    • End Users

    Key Developments

    • In August 2019, EV Group (EVG) partnered with SCHOTT to demonstrate the readiness of 300mm (12 inch) nanoimprint lithography (NIL) for high-volume patterning of high-refractive-index (HRI) glass wafers used in the manufacturing of waveguides/light guides for next-generation augmented/mixed reality (AR/MR) headsets. The partnership will combine EVG’s proprietary SmartNIL process and SCHOTT RealView high-refractive-index glass wafers, and the manufacturing will be carried out within EVG’s NILPhotonics Competence Center at the company’s headquarters in Austria.
    • In February 2019, Taiwan Semiconductor Manufacturing Company Limited (TSMC) ordered 18 EUV lithography machines from ASML to accelerate its production of the 7nm process node.
    • In October 2018, Samsung Electronics commenced wafer production of its 7nm LPP (low power plus) node, 7LPP, using extreme ultraviolet (EUV) lithography technology. The commercialization of the 7LPP process node has encouraged customers to develop a complete set of products that would support applications in 5G, Artificial Intelligence (AI), enterprise and hyperscale datacenter, the Internet of Things (IoT), automotive, and networking.
    • In June 2016, ASML Holding NV acquired Hermes Microvision, Inc. (HMI), one of the suppliers of pattern verification systems used for advanced semiconductor devices. through this acquisition, HMI enhanced ASML’s holistic lithographic portfolio of lithography exposure systems, computational lithography, and metrology.

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  • Global UV lithography Market to Exhibit Tremendous Surge While COVID 19 Outrage is Going High

    The global UV lithography market is expected to depict a significant market growth during the forecast period. Photolithography is an optical medium used to transfer patterns onto a substrate. The patterns are first transferred to an imagable photoresist layer. The photoresist is a liquid film that can be spread out on a substrate and developed into a selectively placed layer for subsequent processing. Photolithography can etch a pattern into an integrated circuit using just a single beam of ultraviolet light. The process does not require any additional material for etching; thus, it becomes a highly efficient and cost-effective solution for producing extremely small incisions in a substrate. Photolithography is also used to control the exact size and shape of the entire substrate. Increasing miniaturization of electronic devices has attributed to the growth of the global UV lithography market. However, the complex manufacturing process of semiconductor devices might act as a restraining factor to the growth of the global UV lithography market.

    The Global UV lithography market has been segmented on the basis of process, application, and region.

    Key Players

    The key players in the UV lithography market are identified across all the major regions based on their countries of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Samsung Electronics (South Korea), Carl Zeiss AG (Germany), ASML Holding NV (Netherlands), Applied Materials, Inc. (US), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Shanghai Micro Electronics Equipment (Group) Co., Ltd. (SMEE) (China), EV Group (EVG) (Austria), Veeco Instruments Inc. (US), SÜSS MICROTEC SE (Germany), NuFlare Technology Inc. (Japan), Tokyo Electron Limited (Japan), Vistec Electron Beam GmbH (Germany), JEOL Ltd (Japan), Rudolph Technologies, Inc. (US), and NIL TECHNOLOGY (Denmark). The companies are focused on innovating in their existing product portfolio as well as innovate new products by investing in research and development to analyze the changing market trends.

    Access Report Details @ https://www.marketresearchfuture.com/reports/photolithography-market-8463

    Regional Analysis

    The market for photolithography is estimated to register significant growth during the forecast period from 2019 to 2025. The geographic analysis of UV lithography market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. According to MRFR analysis, Asia-Pacific dominated the global UV lithography market in 2018 and is expected to maintain its dominance during the forecast period. The presence of several wafer fabrication facilities and semiconductor equipment manufacturers such as Taiwan Semiconductor Manufacturing Company Limited, Shanghai Micro Electronics Equipment (Group) Co., Ltd, and Tokyo Electron Limited has contributed to the growth of UV lithography market in Asia-Pacific. Moreover, the adoption of miniaturization techniques for the development of portable electronic devices is also estimated to fuel the growth of the market in Asia-Pacific. On the other hand, the market in North America is expected to register the fastest growth during the forecast period 2019–2025. The demand for developing advanced and highly powerful microprocessors has encouraged US-based manufacturers to adopt EUV lithography process. This, in turn, is expected to create opportunities for vendors in the UV lithography market in North America in the near future.

    Intended Audience

    • Raw Material and Manufacturing Equipment Suppliers
    • Middleware and Firmware Providers
    • Research Organizations and Consultancies
    • Government and Regulating Authorities
    • Semiconductor Device Manufacturer
    • Organizations, Forums and Alliance
    • System Integrators
    • Analysts, Technology Experts, and Strategic Business Planners
    • End Users

    Key Developments

    • In August 2019, EV Group (EVG) partnered with SCHOTT to demonstrate the readiness of 300mm (12 inch) nanoimprint lithography (NIL) for high-volume patterning of high-refractive-index (HRI) glass wafers used in the manufacturing of waveguides/light guides for next-generation augmented/mixed reality (AR/MR) headsets. The partnership will combine EVG’s proprietary SmartNIL process and SCHOTT RealView high-refractive-index glass wafers, and the manufacturing will be carried out within EVG’s NILPhotonics Competence Center at the company’s headquarters in Austria.
    • In February 2019, Taiwan Semiconductor Manufacturing Company Limited (TSMC) ordered 18 EUV lithography machines from ASML to accelerate its production of the 7nm process node.
    • In October 2018, Samsung Electronics commenced wafer production of its 7nm LPP (low power plus) node, 7LPP, using extreme ultraviolet (EUV) lithography technology. The commercialization of the 7LPP process node has encouraged customers to develop a complete set of products that would support applications in 5G, Artificial Intelligence (AI), enterprise and hyperscale datacenter, the Internet of Things (IoT), automotive, and networking.
    • In June 2016, ASML Holding NV acquired Hermes Microvision, Inc. (HMI), one of the suppliers of pattern verification systems used for advanced semiconductor devices. through this acquisition, HMI enhanced ASML’s holistic lithographic portfolio of lithography exposure systems, computational lithography, and metrology.

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  • Global UV lithography Market to Exhibit Tremendous Surge While COVID 19 Outrage is Going High

    The global UV lithography market is expected to depict a significant market growth during the forecast period. Photolithography is an optical medium used to transfer patterns onto a substrate. The patterns are first transferred to an imagable photoresist layer. The photoresist is a liquid film that can be spread out on a substrate and developed into a selectively placed layer for subsequent processing. Photolithography can etch a pattern into an integrated circuit using just a single beam of ultraviolet light. The process does not require any additional material for etching; thus, it becomes a highly efficient and cost-effective solution for producing extremely small incisions in a substrate. Photolithography is also used to control the exact size and shape of the entire substrate. Increasing miniaturization of electronic devices has attributed to the growth of the global UV lithography market. However, the complex manufacturing process of semiconductor devices might act as a restraining factor to the growth of the global UV lithography market.

    The Global UV lithography market has been segmented on the basis of process, application, and region.

    Key Players

    The key players in the UV lithography market are identified across all the major regions based on their countries of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Samsung Electronics (South Korea), Carl Zeiss AG (Germany), ASML Holding NV (Netherlands), Applied Materials, Inc. (US), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Shanghai Micro Electronics Equipment (Group) Co., Ltd. (SMEE) (China), EV Group (EVG) (Austria), Veeco Instruments Inc. (US), SÜSS MICROTEC SE (Germany), NuFlare Technology Inc. (Japan), Tokyo Electron Limited (Japan), Vistec Electron Beam GmbH (Germany), JEOL Ltd (Japan), Rudolph Technologies, Inc. (US), and NIL TECHNOLOGY (Denmark). The companies are focused on innovating in their existing product portfolio as well as innovate new products by investing in research and development to analyze the changing market trends.

    Access Report Details @ https://www.marketresearchfuture.com/reports/photolithography-market-8463

    Regional Analysis

    The market for photolithography is estimated to register significant growth during the forecast period from 2019 to 2025. The geographic analysis of UV lithography market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. According to MRFR analysis, Asia-Pacific dominated the global UV lithography market in 2018 and is expected to maintain its dominance during the forecast period. The presence of several wafer fabrication facilities and semiconductor equipment manufacturers such as Taiwan Semiconductor Manufacturing Company Limited, Shanghai Micro Electronics Equipment (Group) Co., Ltd, and Tokyo Electron Limited has contributed to the growth of UV lithography market in Asia-Pacific. Moreover, the adoption of miniaturization techniques for the development of portable electronic devices is also estimated to fuel the growth of the market in Asia-Pacific. On the other hand, the market in North America is expected to register the fastest growth during the forecast period 2019–2025. The demand for developing advanced and highly powerful microprocessors has encouraged US-based manufacturers to adopt EUV lithography process. This, in turn, is expected to create opportunities for vendors in the UV lithography market in North America in the near future.

    Intended Audience

    • Raw Material and Manufacturing Equipment Suppliers
    • Middleware and Firmware Providers
    • Research Organizations and Consultancies
    • Government and Regulating Authorities
    • Semiconductor Device Manufacturer
    • Organizations, Forums and Alliance
    • System Integrators
    • Analysts, Technology Experts, and Strategic Business Planners
    • End Users

    Key Developments

    • In August 2019, EV Group (EVG) partnered with SCHOTT to demonstrate the readiness of 300mm (12 inch) nanoimprint lithography (NIL) for high-volume patterning of high-refractive-index (HRI) glass wafers used in the manufacturing of waveguides/light guides for next-generation augmented/mixed reality (AR/MR) headsets. The partnership will combine EVG’s proprietary SmartNIL process and SCHOTT RealView high-refractive-index glass wafers, and the manufacturing will be carried out within EVG’s NILPhotonics Competence Center at the company’s headquarters in Austria.
    • In February 2019, Taiwan Semiconductor Manufacturing Company Limited (TSMC) ordered 18 EUV lithography machines from ASML to accelerate its production of the 7nm process node.
    • In October 2018, Samsung Electronics commenced wafer production of its 7nm LPP (low power plus) node, 7LPP, using extreme ultraviolet (EUV) lithography technology. The commercialization of the 7LPP process node has encouraged customers to develop a complete set of products that would support applications in 5G, Artificial Intelligence (AI), enterprise and hyperscale datacenter, the Internet of Things (IoT), automotive, and networking.
    • In June 2016, ASML Holding NV acquired Hermes Microvision, Inc. (HMI), one of the suppliers of pattern verification systems used for advanced semiconductor devices. through this acquisition, HMI enhanced ASML’s holistic lithographic portfolio of lithography exposure systems, computational lithography, and metrology.

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  • Global UV lithography Market to Exhibit Tremendous Surge While COVID 19 Outrage is Going High

    The global UV lithography market is expected to depict a significant market growth during the forecast period. Photolithography is an optical medium used to transfer patterns onto a substrate. The patterns are first transferred to an imagable photoresist layer. The photoresist is a liquid film that can be spread out on a substrate and developed into a selectively placed layer for subsequent processing. Photolithography can etch a pattern into an integrated circuit using just a single beam of ultraviolet light. The process does not require any additional material for etching; thus, it becomes a highly efficient and cost-effective solution for producing extremely small incisions in a substrate. Photolithography is also used to control the exact size and shape of the entire substrate. Increasing miniaturization of electronic devices has attributed to the growth of the global UV lithography market. However, the complex manufacturing process of semiconductor devices might act as a restraining factor to the growth of the global UV lithography market.

    The Global UV lithography market has been segmented on the basis of process, application, and region.

    Key Players

    The key players in the UV lithography market are identified across all the major regions based on their countries of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Samsung Electronics (South Korea), Carl Zeiss AG (Germany), ASML Holding NV (Netherlands), Applied Materials, Inc. (US), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Shanghai Micro Electronics Equipment (Group) Co., Ltd. (SMEE) (China), EV Group (EVG) (Austria), Veeco Instruments Inc. (US), SÜSS MICROTEC SE (Germany), NuFlare Technology Inc. (Japan), Tokyo Electron Limited (Japan), Vistec Electron Beam GmbH (Germany), JEOL Ltd (Japan), Rudolph Technologies, Inc. (US), and NIL TECHNOLOGY (Denmark). The companies are focused on innovating in their existing product portfolio as well as innovate new products by investing in research and development to analyze the changing market trends.

    Access Report Details @ https://www.marketresearchfuture.com/reports/photolithography-market-8463

    Regional Analysis

    The market for photolithography is estimated to register significant growth during the forecast period from 2019 to 2025. The geographic analysis of UV lithography market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. According to MRFR analysis, Asia-Pacific dominated the global UV lithography market in 2018 and is expected to maintain its dominance during the forecast period. The presence of several wafer fabrication facilities and semiconductor equipment manufacturers such as Taiwan Semiconductor Manufacturing Company Limited, Shanghai Micro Electronics Equipment (Group) Co., Ltd, and Tokyo Electron Limited has contributed to the growth of UV lithography market in Asia-Pacific. Moreover, the adoption of miniaturization techniques for the development of portable electronic devices is also estimated to fuel the growth of the market in Asia-Pacific. On the other hand, the market in North America is expected to register the fastest growth during the forecast period 2019–2025. The demand for developing advanced and highly powerful microprocessors has encouraged US-based manufacturers to adopt EUV lithography process. This, in turn, is expected to create opportunities for vendors in the UV lithography market in North America in the near future.

    Intended Audience

    • Raw Material and Manufacturing Equipment Suppliers
    • Middleware and Firmware Providers
    • Research Organizations and Consultancies
    • Government and Regulating Authorities
    • Semiconductor Device Manufacturer
    • Organizations, Forums and Alliance
    • System Integrators
    • Analysts, Technology Experts, and Strategic Business Planners
    • End Users

    Key Developments

    • In August 2019, EV Group (EVG) partnered with SCHOTT to demonstrate the readiness of 300mm (12 inch) nanoimprint lithography (NIL) for high-volume patterning of high-refractive-index (HRI) glass wafers used in the manufacturing of waveguides/light guides for next-generation augmented/mixed reality (AR/MR) headsets. The partnership will combine EVG’s proprietary SmartNIL process and SCHOTT RealView high-refractive-index glass wafers, and the manufacturing will be carried out within EVG’s NILPhotonics Competence Center at the company’s headquarters in Austria.
    • In February 2019, Taiwan Semiconductor Manufacturing Company Limited (TSMC) ordered 18 EUV lithography machines from ASML to accelerate its production of the 7nm process node.
    • In October 2018, Samsung Electronics commenced wafer production of its 7nm LPP (low power plus) node, 7LPP, using extreme ultraviolet (EUV) lithography technology. The commercialization of the 7LPP process node has encouraged customers to develop a complete set of products that would support applications in 5G, Artificial Intelligence (AI), enterprise and hyperscale datacenter, the Internet of Things (IoT), automotive, and networking.
    • In June 2016, ASML Holding NV acquired Hermes Microvision, Inc. (HMI), one of the suppliers of pattern verification systems used for advanced semiconductor devices. through this acquisition, HMI enhanced ASML’s holistic lithographic portfolio of lithography exposure systems, computational lithography, and metrology.

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  • Global UV lithography Market to Exhibit Tremendous Surge While COVID 19 Outrage is Going High

    The global UV lithography market is expected to depict a significant market growth during the forecast period. Photolithography is an optical medium used to transfer patterns onto a substrate. The patterns are first transferred to an imagable photoresist layer. The photoresist is a liquid film that can be spread out on a substrate and developed into a selectively placed layer for subsequent processing. Photolithography can etch a pattern into an integrated circuit using just a single beam of ultraviolet light. The process does not require any additional material for etching; thus, it becomes a highly efficient and cost-effective solution for producing extremely small incisions in a substrate. Photolithography is also used to control the exact size and shape of the entire substrate. Increasing miniaturization of electronic devices has attributed to the growth of the global UV lithography market. However, the complex manufacturing process of semiconductor devices might act as a restraining factor to the growth of the global UV lithography market.

    The Global UV lithography market has been segmented on the basis of process, application, and region.

    Key Players

    The key players in the UV lithography market are identified across all the major regions based on their countries of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Samsung Electronics (South Korea), Carl Zeiss AG (Germany), ASML Holding NV (Netherlands), Applied Materials, Inc. (US), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Shanghai Micro Electronics Equipment (Group) Co., Ltd. (SMEE) (China), EV Group (EVG) (Austria), Veeco Instruments Inc. (US), SÜSS MICROTEC SE (Germany), NuFlare Technology Inc. (Japan), Tokyo Electron Limited (Japan), Vistec Electron Beam GmbH (Germany), JEOL Ltd (Japan), Rudolph Technologies, Inc. (US), and NIL TECHNOLOGY (Denmark). The companies are focused on innovating in their existing product portfolio as well as innovate new products by investing in research and development to analyze the changing market trends.

    Access Report Details @ https://www.marketresearchfuture.com/reports/photolithography-market-8463

    Regional Analysis

    The market for photolithography is estimated to register significant growth during the forecast period from 2019 to 2025. The geographic analysis of UV lithography market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. According to MRFR analysis, Asia-Pacific dominated the global UV lithography market in 2018 and is expected to maintain its dominance during the forecast period. The presence of several wafer fabrication facilities and semiconductor equipment manufacturers such as Taiwan Semiconductor Manufacturing Company Limited, Shanghai Micro Electronics Equipment (Group) Co., Ltd, and Tokyo Electron Limited has contributed to the growth of UV lithography market in Asia-Pacific. Moreover, the adoption of miniaturization techniques for the development of portable electronic devices is also estimated to fuel the growth of the market in Asia-Pacific. On the other hand, the market in North America is expected to register the fastest growth during the forecast period 2019–2025. The demand for developing advanced and highly powerful microprocessors has encouraged US-based manufacturers to adopt EUV lithography process. This, in turn, is expected to create opportunities for vendors in the UV lithography market in North America in the near future.

    Intended Audience

    • Raw Material and Manufacturing Equipment Suppliers
    • Middleware and Firmware Providers
    • Research Organizations and Consultancies
    • Government and Regulating Authorities
    • Semiconductor Device Manufacturer
    • Organizations, Forums and Alliance
    • System Integrators
    • Analysts, Technology Experts, and Strategic Business Planners
    • End Users

    Key Developments

    • In August 2019, EV Group (EVG) partnered with SCHOTT to demonstrate the readiness of 300mm (12 inch) nanoimprint lithography (NIL) for high-volume patterning of high-refractive-index (HRI) glass wafers used in the manufacturing of waveguides/light guides for next-generation augmented/mixed reality (AR/MR) headsets. The partnership will combine EVG’s proprietary SmartNIL process and SCHOTT RealView high-refractive-index glass wafers, and the manufacturing will be carried out within EVG’s NILPhotonics Competence Center at the company’s headquarters in Austria.
    • In February 2019, Taiwan Semiconductor Manufacturing Company Limited (TSMC) ordered 18 EUV lithography machines from ASML to accelerate its production of the 7nm process node.
    • In October 2018, Samsung Electronics commenced wafer production of its 7nm LPP (low power plus) node, 7LPP, using extreme ultraviolet (EUV) lithography technology. The commercialization of the 7LPP process node has encouraged customers to develop a complete set of products that would support applications in 5G, Artificial Intelligence (AI), enterprise and hyperscale datacenter, the Internet of Things (IoT), automotive, and networking.
    • In June 2016, ASML Holding NV acquired Hermes Microvision, Inc. (HMI), one of the suppliers of pattern verification systems used for advanced semiconductor devices. through this acquisition, HMI enhanced ASML’s holistic lithographic portfolio of lithography exposure systems, computational lithography, and metrology.

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  • Global UV lithography Market to Exhibit Tremendous Surge While COVID 19 Outrage is Going High

    The global UV lithography market is expected to depict a significant market growth during the forecast period. Photolithography is an optical medium used to transfer patterns onto a substrate. The patterns are first transferred to an imagable photoresist layer. The photoresist is a liquid film that can be spread out on a substrate and developed into a selectively placed layer for subsequent processing. Photolithography can etch a pattern into an integrated circuit using just a single beam of ultraviolet light. The process does not require any additional material for etching; thus, it becomes a highly efficient and cost-effective solution for producing extremely small incisions in a substrate. Photolithography is also used to control the exact size and shape of the entire substrate. Increasing miniaturization of electronic devices has attributed to the growth of the global UV lithography market. However, the complex manufacturing process of semiconductor devices might act as a restraining factor to the growth of the global UV lithography market.

    The Global UV lithography market has been segmented on the basis of process, application, and region.

    Key Players

    The key players in the UV lithography market are identified across all the major regions based on their countries of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Samsung Electronics (South Korea), Carl Zeiss AG (Germany), ASML Holding NV (Netherlands), Applied Materials, Inc. (US), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Shanghai Micro Electronics Equipment (Group) Co., Ltd. (SMEE) (China), EV Group (EVG) (Austria), Veeco Instruments Inc. (US), SÜSS MICROTEC SE (Germany), NuFlare Technology Inc. (Japan), Tokyo Electron Limited (Japan), Vistec Electron Beam GmbH (Germany), JEOL Ltd (Japan), Rudolph Technologies, Inc. (US), and NIL TECHNOLOGY (Denmark). The companies are focused on innovating in their existing product portfolio as well as innovate new products by investing in research and development to analyze the changing market trends.

    Access Report Details @ https://www.marketresearchfuture.com/reports/photolithography-market-8463

    Regional Analysis

    The market for photolithography is estimated to register significant growth during the forecast period from 2019 to 2025. The geographic analysis of UV lithography market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. According to MRFR analysis, Asia-Pacific dominated the global UV lithography market in 2018 and is expected to maintain its dominance during the forecast period. The presence of several wafer fabrication facilities and semiconductor equipment manufacturers such as Taiwan Semiconductor Manufacturing Company Limited, Shanghai Micro Electronics Equipment (Group) Co., Ltd, and Tokyo Electron Limited has contributed to the growth of UV lithography market in Asia-Pacific. Moreover, the adoption of miniaturization techniques for the development of portable electronic devices is also estimated to fuel the growth of the market in Asia-Pacific. On the other hand, the market in North America is expected to register the fastest growth during the forecast period 2019–2025. The demand for developing advanced and highly powerful microprocessors has encouraged US-based manufacturers to adopt EUV lithography process. This, in turn, is expected to create opportunities for vendors in the UV lithography market in North America in the near future.

    Intended Audience

    • Raw Material and Manufacturing Equipment Suppliers
    • Middleware and Firmware Providers
    • Research Organizations and Consultancies
    • Government and Regulating Authorities
    • Semiconductor Device Manufacturer
    • Organizations, Forums and Alliance
    • System Integrators
    • Analysts, Technology Experts, and Strategic Business Planners
    • End Users

    Key Developments

    • In August 2019, EV Group (EVG) partnered with SCHOTT to demonstrate the readiness of 300mm (12 inch) nanoimprint lithography (NIL) for high-volume patterning of high-refractive-index (HRI) glass wafers used in the manufacturing of waveguides/light guides for next-generation augmented/mixed reality (AR/MR) headsets. The partnership will combine EVG’s proprietary SmartNIL process and SCHOTT RealView high-refractive-index glass wafers, and the manufacturing will be carried out within EVG’s NILPhotonics Competence Center at the company’s headquarters in Austria.
    • In February 2019, Taiwan Semiconductor Manufacturing Company Limited (TSMC) ordered 18 EUV lithography machines from ASML to accelerate its production of the 7nm process node.
    • In October 2018, Samsung Electronics commenced wafer production of its 7nm LPP (low power plus) node, 7LPP, using extreme ultraviolet (EUV) lithography technology. The commercialization of the 7LPP process node has encouraged customers to develop a complete set of products that would support applications in 5G, Artificial Intelligence (AI), enterprise and hyperscale datacenter, the Internet of Things (IoT), automotive, and networking.
    • In June 2016, ASML Holding NV acquired Hermes Microvision, Inc. (HMI), one of the suppliers of pattern verification systems used for advanced semiconductor devices. through this acquisition, HMI enhanced ASML’s holistic lithographic portfolio of lithography exposure systems, computational lithography, and metrology.

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  • New Trends of Human Centric Lighting Market with Global Industry Analysis by 2020 – 2023

    Human Centric Lighting Market – Overview

    Measures to improve productivity and regulate mood have led to the development of the lighting market that is human centric. Market reports by Market Research Future which concentrate on the Electronics & Semiconductors industry among others have recently published a report on this sector. The industry is expected to develop significantly in terms of revenue that is earned while expanding with a positive CAGR per cent in the forecast period.

    Human centric lighting is focused on the regulation of the lighting in the environment with an aim to regulate positive mood cycles and enhance wellbeing. The sector is also especially considered essential for improving the aesthetic qualities of different interior spaces. Innovations in the past few years related to smart interiors have further boosted the market.

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    Industry Segments

    The segmentation of the human centric lighting market is based on the following criteria:

    On the basis of Application: Education, Office/commercial, Industrial, Residential, and Medical among others.

    On the basis of Regions: Europe, North America, South America, Asia-Pacific and RoW. 

    Detailed Regional Analysis

    Considering the regions covered for the purpose of this study, North America is the topmost market in the Human Centric Lightning industry with a sizeable market share and has been valued to achieve high growth levels in the forecast period. Industrialization is the main factor for growth of this sector. This sector also has wide-ranging role in the hospitality sector and as North America is becoming a lucrative region, this market holds good dominance over this market. The European market has appeared as the most rapidly developing market with a sizeable market share and growing with a complimenting CAGR rate. The Asia-Pacific market is the third largest market which has been valued positively in the forecast period and will develop favorably by 2027.

    Global Competitive Analysis

    The rewarding scenarios accessible in this market are being utilized by candidates who are trying to extend their market coverage by centered development which will prove to be perfect for the growth of this industry sector. The products that are on offer presently vary greatly due to the reason of the strong pace of technological discoveries. This has raised the chances for the approaching growth period. The companies in this industry space are connecting their resources to achieve their vision for achieving considerable portion of the business as early as possible. This consequence is productive for firms so that they may maintain fiscal liquidity to take the best conclusions in terms of strategy execution and planning.

    The key players in the industry for human centric lighting are Fagerhult (Swedan), Osram (Germany), NormaGrup Technology (Spain), Zumtobel Lighting (Austria), Philips (Netherland) and Arcluce (Italy).

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  • Home Automation System Market: Global Major Key Players Research – Forecast to 2023

    Global Home Automation System Market Research Report, By Protocol & Technology (Network and Wireless), By Product (Lighting, Security and Access Control, HVAC and Entertainment Control), Software & Algorithm (Behavioral and Proactive)- Forecast till 2023

    Home automation is increasing its popularity steadily due to the efficiency that it offers. Market reports associated with the semiconductor and electronics industry have been made available by Market Research Future which creates reports on other industry verticals that outlines the current market scenarios. The market is anticipated to earn USD 85 Billion in earnings while expanding at an 11% CAGR in the forecast period.

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    The convenience, comfort, better quality of life features of implementing home automation systems are increasing the market share substantially. The market is expected to develop further due to advances in technology that are taking place in this market. The market’s landscape is expected to be considerably transformed due to the rising penetration of IoT and mobile devices in the coming years.

    Segmental Analysis

    The market for home automation systems is segmented on the basis of product, protocol & technology, wireless and software & algorithm. On the basis of product, the market is segmented into climate control, lighting control, HVAC control, security and access control, entertainment control, energy management control, and others. The protocol & technology basis of segmenting the market comprises of network and wireless. The network technology basis of segmenting the market consists of GSM/HSPA, CDMA, and LTE network. The segmentation on the basis of wireless technology consists of IR, Z-wave, Bluetooth, Zigbee, Wi-Fi, etc. On the basis of software & algorithm, the market is segmented into proactive and behavioral.

    Detailed Regional Analysis 

    The analysis of home automation system market in terms of regions spans Europe, North America, Asia Pacific and the rest of the world. The North American region is anticipated to control the home automation system market through the forecast period owing to the existence of chief companies in the region. Similarly, the intensifying demand for domestic energy management systems in this region is another main motivating factor for the development of the market. The APAC region is anticipated to observe strong growth owing to the growing number of original residential projects.

    Competitive Analysis

    The ability in utilizing the economies of scale is proving to be beneficial for the market’s complete growth. The market is at a peak production level and will be able to generate better value for the companies in the market and its shareholders. The market has also noticeably neutralized the market trials and thus is encouraging a boost in the number of firms in the market. The diversification of the product variety in the market is developing the prospects for the advancement of the market. The organization inclination in the market is reinforcing the level of expansion that can be achieved in the current market scenario.  The development samples are modified in tandem to the customer penchant to realize the greatest growth, and in the long term, viability.

    The notable contenders in the home automation system market comprise of Schneider Electric Se (France), Acuity Brands, Inc. (U.S.), Johnson Controls Inc. (U.S.), Honeywell International Inc. (U.S.), United Technologies Corporation (U.S.), Legrand (France), Siemens Ag (Germany), Crestron Electronics, Inc. (U.S.), ABB Ltd. (Switzerland), Samsung Electronics Co., Ltd. (South Korea), among others. 

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  • Agriculture Equipment Market Pegged to Expand Robustly During 2020-2025

    Agriculture equipment are needed to bolster the changes agriculture is undergoing now. Advanced technologies should be backed by equipment of that caliber. This has given rise to the increasing inclusion of advanced agriculture equipment which promises achievement of high CAGR for the global agriculture equipment market during the forecast period (2017-2022). Market Research Future (MRFR) in their article on the same has revealed that a demand for high-end production models are expected to give rise to the global agriculture equipment market.

    Among the factors, rising number of population and demand for better innovation, backing of global food need, extensive research procedures, and government initiatives are expected to have a lasting impact on the market. At the same time, these machineries have been empowered by Google Earth and other robotic systems for enhancement of the productivity. However, initial cost is high which can restrain poor economies from installing such advanced products.

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    Segmental Analysis:

    MRFR, in their adept analysis of the global agriculture equipment market segmented the market by type and function for a better understanding of how the entire market works. This would allow a predictive look into the future of the market and it is well-substantiated by facts and figures derived from the research procedure.

    Based on the product types, the agriculture equipment market includes tractors, harvesters, cultivation & soil separation equipment, and others. Rising demand for food production has spurred growth for the tractors segment. It is getting further traction from shortage of labor and government subsidies.

    By functions, the agriculture equipment market comprises plowing & cultivation, harvesting, haying, planting & fertilizing, and others. The ability to curb dependence on labor and to increase production to meet the surge in demand have given harvesting machinery segment prominence.

    Regional Analysis:

    North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW) are the four regions that have been included in the report on the agricultural equipment market for better market analysis. The analysis aims at providing a detailed outlook of the market with solid backings from demographic changes. 

    The APAC region is leading the segment as it is dominated by mostly agrarian economies. These economies are also showing substantial rise in the population which is spurring the demand for crops. India and China are two of the major contributors where the economy is also integrating technological changes to maximize profits. The market is also witnessing a substantial ingress of startups who are impacting significantly. This has given rise to the demand for equipment that can ease the labor needed for agriculture.

    North America’s growth is quite significant. The vast resources it has can rely much on technological advents and its easy integration. The region is growing steadily. Inclusion of new equipment makes the process more efficient and reliable. With countries like the U.S., and Canada having a great run, the regional market is expected to soar with substantial speed.

    Advanced equipment in the market is playing big for the European market as it is bolstering the agricultural sector with substantial expansion scope. The market is gaining further benefits from the inclusion of an automated hitch system to increase productivity. The regional market is gaining more from the introduction of multi-purpose tractors in the segment.

    Competitive Landscape:

    Companies who are getting involved in the global expansion plan of the agriculture equipment market have invested significantly in their strategic ideation. These tactical moves include merger, acquisition, product launch, and other methods. MRFR, while discussing the global agriculture equipment market, enlisted several companies like Deere & Company (U.S.), AGCO Corp. (U.S.), JC Bamford Excavators Limited (U.K.), Kubota Corporation (Japan), CNH Industrial N.V. (U.K.), Daedong Industrial Co., Ltd. (U.S.), Iseki & Co., Ltd. (Japan), Escorts Limited (India), Mahindra & Mahindra Limited (India), and others for a better competitive analysis of the global market.

    In June 2019, VATech WABAG declared their step of introducing smartfarms where by collaborating with Virginia Tech, the company is ready to teach farmers about the benefits of technology. This system is expected to trigger efficiency, resilience, and sustainability of agricultural and natural resources production systems.

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  • Micro-LED Display Market Size, Status and Forecast to 2023

    As per the assessment by Market Research Future Reports (MRFR), the global micro-LED display market is estimated to value USD 2,782.5 million and grow at a CAGR of 82.7% during the assessment period. The rising demand for efficient display panels is the major factor driving the global micro-LED display market. 2020. The micro-LED display consumes lesser power as compared to the LEDs and OLEDs and therefore, has a longer life span. The micro-LED offers high wavelength uniformity which is suitable for fine pitch panels. These attributes of micro-LED are motivating the manufacturers to increase the deployment of the component in the devices. However, the low yield, expensive cost, the demand to improve micro-LED production and mass transfer process are some of the elements impeding the market growth. Besides, the lack of standard procedures for the production of components is another restraining factor.

    Moreover, the outbreak of coronavirus has resulted in a halt in daily business operations. The research performed by MRFR tracks the aftermath of the COVID-19 pandemic. Also, a precise study of factors augmenting and impeding the market in the post-COVID-19 period has been evaluated. We will provide COVID-19 impact analysis with the report. 

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    Market Research

    The worldwide micro-LED display market can be classified on the basis of panel size, application, vertical, and region.

    On the basis of panel size, the worldwide micro-LED display market can be segmented into small- and medium-sized panel and large panel, and microdisplay.

    On the basis of application, the worldwide micro-LED display market can be segmented into NTE devices, smartwatch, television, smartphone and tablet, a head-up display, monitor and laptop and digital signage

    On the basis of vertical, the worldwide micro-LED display market can be segmented into entertainment & advertisement, consumer electronics, automotive, aerospace & defence and others.

    On the basis of region, the worldwide micro-LED display market can be segmented into North America, Europe, Asia-Pacific and the Rest of the World (RoW). 

    Regional Analysis

    The regional study of North America, Europe, Asia-Pacific and the Rest of the World (RoW) had been conducted. The global market is likely to expand at a significant rate during the review period from 2018 to 2023. Among all, the APAC region is estimated to be the fastest expanding region due to the presence of notable micro-LED market players and the display manufacturers in the region. Among all nations of APAC, the emerging nations like China, South Korea, and Japan are estimated to make the most significant contribution in expanding the market. Besides, the high demand for smart electronic equipment from countries like India is additionally propelling market growth. Moreover, there have been massive investments of multinational companies in evolving the market in the APAC region. The analysis reveals the second position has been obtained by North America, followed by Europe. North America is estimated to dominate the market due to the growing demand for electronic devices such as tablets, smartphones, and smartwatches. Besides, the application of micro-LED in wearables is augmenting the market size in the region.

    The outbreak of COVID-19 is likely to change the market mechanism of several regions. Several markets have been influenced significantly due to the observation of nationwide lockdown in various countries

    Key Players

    The competitors of the global Micro-LED Display market are Oculus VR (InfiniLED) (US), Apple Inc. (LuxVue) (US), LG Electronics Inc. (South Korea) Sony, Samsung (South Korea), Corporation (Japan), Epistar Corporation (Taiwan), X-Celeprint (Ireland), VerLASE Technologies (US), GLO AB (Sweden), JBD (China), and Aledia (France), among a few more.

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  • Digital Utility Market Pegged to Expand Robustly During 2020-2023

    Global Digital Utility Market – Insight

    Leading players at the forefront of competition in the Global Digital Utility Market include IBM (US), Capgemini SA (France), Accenture PLC (Ireland), SAP SE (Germany), Siemens AG (Germany), General Electric Company (US), ABB Ltd. (Switzerland), Microsoft Corporation (US), Cognizant Technology Solutions Corporation (US), Cisco Systems Inc. (US), and Oracle Corporation (US)

    Digital Utility refers to the digitization of utility industry which otherwise was limitedly bringing about improvements just enough to maintain ongoing operations.  However, the utility industry, evolving with the advanced technology is getting digitalized perceiving changes in its operations with the services like digital utilities maturity assessment, customer & communities experience transformation, digital asset management, digital utilities enterprise architecture, etc.

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    The Digital Utility Market is growing rapidly mainly due to the high adoption of IoT and its multitude features like digital communications and control systems that have enabled the electricity operators to manage the electricity transmission and distribution systems efficiently. The energy and utilities industry growing rapidly has also enabled digital engagement channels to exceed the customer expectations. Digital Utility is trending in most of the regions attributing to the socioeconomic pressures and technology innovations.

    According to a recent study report published by the Market Research Future, The global Digital Utility Market is projected to accrue USD ~253 Billion by 2023, at ~12% of CAGR during 2017 and 2023. Other features that are fuelling the Digital Utility Market growth include renewable, distributed generation, and smart grids that are further required by new business models and regulatory frameworks.

    Digital Utilities are proving to be cost effective influencing the smart energy generation and management. The growing demand of renewable power generations and its distributions, regulatory requirements for electric utilities and energy efficiency demanding carbon emission reductions, are driving the market growth to the large extent.

    The Digital Utility provides platform solutions like real time analytics that allows increased energy efficiency, and optimization of business process improving the field services through integration of all IT services and others. Due to this the market experiences a wide uptake and demand.  

    The adoption of advanced digital technology including IoT Internet of Things), big data analytics, and artificial intelligence (AI), has facilitated digital transformation to a number of utilities. Additionally, major investments by the key players are mainly concentrating on importance of digital utility and its advantage in coming years. It is focusing on advanced technology such as big data which can be widely used by the organizations for the improvement of performance of utilities Infrastructure, prolong use of assets, & maximize energy production and others.

    Digital Utility Market - Competitive Analysis

    The global Market of Digital Utility appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market.

    Uptake of Digital Assets Management is the latest trend observed among the key players leverage to which many have found investing rapidly to adopt the solution that can help optimizing asset planning and information management, asset condition monitoring, program performance management, investment functions and others.

    Industry/Innovation/Related News:

    February 06, 2018 – Xylem Inc. (US), a global leader in water technology announced that it has acquired EmNet, LLC (US) a provider of smart solutions that enable municipalities to manage the urban water cycle and wastewater and storm water systems. The acquisition is expected to broaden Xylem’s portfolio of advanced infrastructure analytics solutions, abilities and water, electric and gas utilities around the world.

    February 01, 2018 – DBi Services, a global leader in providing infrastructure maintenance, management and operations solutions to government agencies, railways, utilities and private industries announced that it has acquired HDR|ICA Asset Management (ICA =Infrastructure Corporation of America), provider of  complete highway asset maintenance and management services to government agencies and local market contractors. The acquisition is expected to provide DBi with additional resources and workforce to support the country’s transportation infrastructure and protect the safety of the travelling public.

    January 29, 2018 – CLEAResult (US), a leading technology company providing side management programs for utilities, announced that it has acquired the Utility Division of Ecova, a leader in energy and sustainability management changing its name to ENGIE Insight. The acquisition is expected to widen CLEAResult’s capability to support its utility clients to improve customer experience delivering greater energy efficiency savings to their commercial, residential, and industrial clients.

    January 17, 2018 – Sensus (US) global leader cooperating public service providers—from utilities to cities to industrial complexes and campuses, together with Xyleme launched a new device to bring flexibility in AMR for Water, Gas and Electric Utilities. The portable radio-based device – Sensus FlexNet EasyLink™Mobile Communications help increase read rates minimizing drive time. 

    Worldwide Digital Utility Market – Segments

    The Global Digital Utility Market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

    By Component              : Comprises Hardware, Software, Services (On cloud services, & On premises services)

    By Deployment Type    : On Premises, Cloud, and Hybrid.

    By End Users                 : Residential, Commercial, Retail and other

    By Regions                     : North America, Europe, APAC and Rest of the World.

    Worldwide Digital Utility Market – Regional Analysis

    North America is one of the leading regions in Digital Utility market worldwide. The integrated digital utilities transformation helps to reinvent by leveraging mobility, analytics, cloud technologies and others in the North America region.

    The Europe region is emerging as one of the fastest growing regions in the global market of Digital Utility.

    APAC countries like China, Japan and India emerging as considerable market for Digital Utility market expected to register a significant CAGR during the forecast period.

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  • On-line Total Organic Carbon Analyzer Market Global Forecast To 2023

    On-line Total Organic Carbon Analyzer is a measurement tool which is used to define levels of organic contamination present in water. Online TOC meters have various important uses in end-use industries such as energy & power, oil & gas, chemicals, pharmaceuticals, food & beverage, and others. Market Research Future has recently surveyed the global online total organic carbon (TOC) analyzer market and has revealed crucial market facts and figures that are relevant to the growth of the market. Significant growth is anticipated for the global On-line Total Organic Carbon Analyzer Market.

    The high demand for water and efficient wastewater management is a highly substantial driver for the growth of the global market. The increasing concerns regarding health risks posed by organic contaminants as well as the ecological impacts of such will likely influence increased demand for online TOC analyzers. The need for efficient tools to measure contaminants, chemicals and decontamination by-products in water and wastewater is a growth driver. Governments across the economies of a number of countries have increasingly established emission guidelines due to the increasing consumption and demand for clean water. This has increased the demand for water and wastewater treatment equipment. A good example is the establishment of new standards for the regulations of wastewater production, and promotion of recycling and reuse in the European Union has led to increased adoption of online TOC meters. Online TOC analyzers offer real-time measurement of water samples making them convenient and efficient.

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    High costs associated with online TOC analyzes as well as the need for appropriate expertise to oversee complex technical aspects is expected to reduce market growth over the forecast period. However, the growing number of government bodies that are established policies to regulate water and wastewater testing is expected to reveal market opportunities across the globe in the coming years.

    On-line Total Organic Carbon Analyzer Market Segmentation

    The global online total organic carbon (TOC) analyzer has been segmented into key segments on the basis of technology, application, end-user, and region. Technology has been segmented into ultraviolet oxidation, high temperature combustion, and UV Persulfate oxidation. The high temperature combustion segment accounted for a majority share of 45.35% and is also expected to grow at the highest CAGR during the assessment period.

    End-users have been segmented to include water & wastewater treatment, and non-wastewater treatment. The wastewater treatment segment acquired a share of more than 62% and is expected to grow at the highest CAGR during the forecast period at 5.81%. Increasing wastewater treatment for the generation of clean water for municipal and industrial use is the primary driver for this segment.

    Applications have been segmented into river water, food 7 beverages, chemicals, pharmaceutical, rainwater, semiconductor, and others. The river water segment garnered the highest share of the market and is projected to grow at a high CAGR of 6.06% during the review period. This is primarily due to the high demand for clean water.

    On-line Total Organic Carbon Analyzer Market Regional Analysis

    The Asia Pacific market for online TOC analyzers displays huge potential for growth during the forecast period. The regional market is expected to display the highest CAGR. The region has water contamination issues which have created a demand for online TOC analyzers. Moreover, environmental deterioration has caused water pollution. The demand for clean water is growing considerably as disposable incomes grow due to urbanization. The unmet needs in the region are likely to lead to ample growth opportunities.

    At present, the Americas leads the market with the largest share of the market with Europe following closely.

    On-line Total Organic Carbon Analyzer Market Key Players

    Market participants of prominence that have been included in MRFR’s assessment of the global online TOC market are Elementar Analysensysteme GmbH (Germany), Analytik Jena AG(Germany), Shimadzu Corporation (Japan), Xylem Inc. (U.S.), Zhejiang Tailin BioEngineering Co., Ltd. (China), Hach Company (U.S.), Mettler-Toledo International Inc. (U.S.), Metrohm AG (Switzerland), Comet Analytics, Inc. (U.S.), LAR Process Analyzers AG (Germany), and SUEZ (France).

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  • Outdoor Power Equipment Market: Global Major Key Players Research – Forecast to 2025

    Global Outdoor Power Equipment Market to Post 5.22% CAGR Between 2018 and 2025

    The data resealed by Market Research Future (MRFR’s) reveals that the global outdoor power equipment market is set to capture a compound annual growth rate of 5.22% during the forecast period (2018 to 2025). Advances in technology is viewed as a major driver of the market. Towards the end of 2025, the market is likely to record a substantial valuation, which will be supported mainly by a booming real estate sector and rapidly expanding construction sector.

    Rising popularity of robotic hand tools and battery-powered tools is opening new windows of opportunities for market players. Further, emergence of new distribution networks online stores and teleshops coupled with evolving buying patterns of customers is prompting market players to reinvent sales strategies. Nonetheless, factors such as price fluctuation and growing preference for artificial grass are likely to threaten the market during the assessment period. 

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    Global Outdoor Power Equipment Market: Segmental Analysis

    The data also includes a thorough segmental analysis of the market on the basis of product, power-source and application. Based on product, the market has been segmented into rope power tools and cordless tools. The cordless tools segment holds the leading position and is likely to remain highly attractive in the years to come. Currently, the segment accounts for more than 58% share of the market. In addition, the segment is projected to increase at a CAGR of 5.41% during the assessment period. Meanwhile, the rope power tools segment is likely to exhibit 4.94% CAGR over 2025. By power-source, the market has been segmented into battery, electric and others. Among these, the electric segment holds the predominant position. By the end of forecast period, the segment is expected to surpass a valuation of USD 14,000 Mn, reflecting a CAGR of 5.45%.  Based on application, the market has been segmented into commercial and household. The later will continue to out perform the former throughout the assessment period. Currently, the household segment accounts for over 54% share of the market and is expected to exhibit an impressive growth rate over the next couple of years. 

    Global Outdoor Power Equipment Market: Regional Analysis

    The market has been covered across regions such as Europe, North America, Asia Pacific (APAC) and Rest-of-the-World (RoW). The market in North America is expected to remain highly attractive in 2019 and beyond. The region’s market is expected to reach a valuation in excess of USD 10,800 Mn by the year 2025. In North America, the US is expected to remain the most significant destination for market players, with a projected market valuation of over USD 8,200 Mn during the forecast period.   Led by Germany, Europe has emerged as the second largest market for outdoor power equipment. The region currently accounts for over 20% market share and is likely to stand at a valuation of close to USD 1,660.4 Mn by 2025-end, registering a strong CAGR.  The market in APAC is also set to witness a substantial growth in the forthcoming years, which will see China become a leading contributor. Further, the market in China is expected to surge at a CAGR of 4.92% during the review period and stand at a valuation of USD 1,474.3 Mn. 

    Global Outdoor Power Equipment Market: Competitive Landscape

    Some the leading market players include Honda Motor Co., Ltd. (Japan), MTD Products (U.S.), STIHL Holding AG & Co. KG (Germany), Husqvarna (Sweden), Emak S.p.A. (Italy), Blount International, Inc. (U.S.), Techtronic Industries Co. Ltd. (TTI) (Hong Kong), The Toro Company (U.S.), Deere & Company (U.S.), Makita Corporation (Japan) and Stanley Black & Decker Inc. (U.S.).

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  • Spinning Machine Market Trends, Industry Size, Growth, Opportunities and Forecast to 2025

    The global market for spinning machinery 2020 is most likely to achieve a decent growth rate of 5.5% over the forecast period, which is from 2019 to 2025, says Market Research Future (MRFR).

    Growth Drivers and Top Challenges

    A chief growth-boosting factor in the Spinning Machine market includes the important role played by the fashion industry in the overall gross domestic product (GDP). The boom in the technical textiles industry around the world, including automotive textiles as well as geotextiles that generates strong demand for top quality industrial yarns, also benefits the market. With the rising sales of spinning machines, the market is expected to burgeon significantly over the coming years.

    The industry is, however, facing issues in the form of less number of new vendors that are involved in the manufacturing of yarn. The new sales on a yearly basis are in response to either the advancements in plant capacity or the replacement of the older machines. Based on this, the buyers in the Spinning Machine market have higher bargaining power. However, since the yarn industry demands mass production of a variety of yarns, many of the spinning machinery manufacturers are consistently working on innovations in order to cater to customers across the world.

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    A trend prevailing in the Spinning Machine market is the move towards automation in almost every spinning machinery line. Also, a large number of yarn manufacturing companies around the globe are opting for Spain-based brands for spinning machinery. Besides, the government across various regions is implementing numerous initiatives to build more textile parks in emerging countries like India and China, which boast of massive supply of raw materials as well as inexpensive labor.

    Market Segmentation

    The global market for spinning machinery has been extensively covered in the report, with regard to type, material, and end-use industry.

    The type-wise market segments are rotor, ring, and others. The ring-type of spinning machinery is the leading segment in the global market, with respect to value.

    The materials analyzed in the report are synthetic, natural, and others. The synthetic fibers segment is most likely to take the lead in the global market during the assessment period.

    The significant end-use industries discussed in the report are textile, clothing, and others. The textile segment can attain the top position in the market, on account of the rising number of initiatives undertaken by the government to set up textile industries across the globe. 

    Regional Insight

    The global Spinning Machine market is majorly concentrated in the primary regions of North America, Asia Pacific (APAC), Europe, and the rest of the world (RoW).

    During the forecast period, the APAC market can gain the highest prominence, thanks to the high concentration of renowned wool and yarn spinning machinery manufacturers in the region. In addition, the rising installation of spinning machinery in emerging countries like India, Bangladesh, China, Japan, and Vietnam can enhance market growth in the region. India is poised to achieve the highest growth rate in the region, owing to the surging number of government initiatives that are advertising India as an attractive hub for manufacturing in the world.

    The market in Europe can witness considerable growth, on account of the strict government standards as well as the accelerated demand for spinning mills machinery in Germany, Russia, France, and Spain.  Most of the well-known companies in the region are highly focused on expanding their market shares by reaching across various geographies. With the increased realization of the high demand for textiles along with the availability of low-cost labor, many of the established vendors are striving to elevate their footprint by adopting marketing hacks like product innovation, agreements, collaborations and mergers and acquisitions, among others. Switzerland boasts of an expansive industry of finely engineered textile spinning machines, a factor deemed to benefit the overall regional market during the evaluation timeframe.

    Top Players

    Saurer AG (Switzerland), Rieter (Switzerland), Lakshmi Machine Works Limited (India), Murata Machinery USA, Inc. (US) are the top players active in the Spinning Machine market.

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