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GaN Semiconductor Devices Market: Global Market Top Players Data by Forecast to 2027

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GaN Semiconductor Device Global Market   - Overview

The power electronics and semiconductor market continues to nurture and increase more presence through a variety of markets. The major trend that enterprises focus on is electrification of vehicles. The adoption of electric vehicles will lead to an increase in technology development and a reduction of cost for automotive semiconductor technology. Automobile manufacturer, Lamborghini, is planning to develop electric vehicle, Terzo, (electric super sports car). Another trend in the semiconductor and power electronics market is wireless charging. Major Smartphone manufacturers like Apple and Samsung have started implementing wireless charging technology in their smartphones. The companies also claim that advancement in power electronics and semiconductor can help enterprises to efficiently improve the battery capacity and power management.

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However, reduction in the semiconductor is the key factor restraining the development of the GaN power devices market. Problems related with current association and interrelated technologies are on the rise with escalating high current density in GaN devices. The main problem consist of low impedance interconnects, higher thermal resistance and lower thermal capacitance per chip demanding more chip temperature and better thermal interconnects.

Key Players:

Some of the major players in Global GaN Semiconductor Devices Market include RF Micro Devices Incorporated (U.S.), Fujitsu Ltd.(Japan), Toshiba Corp. (Japan), Texas Instruments Inc. (U.S.), Cree Incorporated (U.S.), Aixtron SE (Germany), Mitsubishi Chemical Corporation (Japan), Koninklijke Philips N.V. (Netherlands), GaN Systems Inc. (Canada), and Epigan NV (Belgium) among others are profiled in MRFR Analysis and are at the forefront of competition in the Global GaN Semiconductor Device market.

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Industry News

December 2017, Fujitsu bonds single-crystal diamond and SiC substrate at room temperature, boosting GaN HEMT performance. The company presented the technology for room-temperature bonding of single-crystal diamond to a silicon carbide (SiC) substrate, which are both hard materials but with different coefficients of thermal expansion. The company claims that by using this technology for heat dissipation allows high-efficiency cooling of high-power gallium nitride (GaN) high-electron-mobility transistors (HEMTs), enabling stable operations of power amplifiers at high power levels. This technology was confirmed to prevent the formation of the damaged layer on the diamond surface after Ar beam exposure, resulting in improved bonding strength and hence single-crystal diamond bonded at room temperature to a SiC substrate.

December 2017, Fins boost prototype vertical GaN transistor to 1200V, sufficient for electric vehicles. Researchers from MIT, IQE, Plc, IBM and Columbia University presented a new design of GaN transistors that can handle the voltage of upto 1200V. IEEE, claims that this capacity is enough for electrical vehicles, but the challenge that these organizations face is that this is still a prototype carried out in experimental labs. IEEE believes that the capacity can further be increased upto 3500V, bringing the efficiencies of GaN to power electronics.

December 2017, Gate Dielectric Process Improves Power GaN Reliability. Toshiba has developed a gate dielectric process technology for improving the reliability of GaN power devices. Toshiba has traced the cause of variations in GaN-MOSFET threshold voltage to impurity traps within the gate dielectric, and has developed a process technology that can greatly reduce impurities in the gate dielectric. Compared with conventional technology, this greatly reduces variation in threshold voltage and delivers world-leading gate reliability. Toshiba is working on research and development with the aim of further increasing reliability in order to bring this technology into practical use.

December 2017, US Researchers Make Flexible GaN Chips. Scientists at the US Air Force Research Laboratory have discovered a new way to grow and transfer GaN onto a flexible substrate, laying the groundwork for 5th generation, high speed, and agile communication systems of the futureThe new AFRL method of GaN production takes advantage of the physical properties of boron nitride. Scientists grow the GaN on the BN, and then due to weak chemical bonds between the BN and the growing surface, they can then lift and transfer the apparatus to another substrate, enabling communication capability on unique platforms and devices

GaN Semiconductor Device Global Market   - Segmentation

Segmentation by type: Opto-semiconductor, power semiconductor.

Segmentation by device: transistor, diode, rectifier, power IC’s, amplifier and switching system.

Segmentation by application: Consumer Electronics, Automotive, Aerospace and Defence, Telecommunication, medical, power conditioner

Segmentation by Region: North America, Europe, Asia Pacific, rest of the world.

GaN Semiconductor Device Global Market   - Regional Analysis

The geographical analysis of the GaN semiconductor market covers regions like North America, Europe, Asia Pacific and rest of the world. Among these regions, the North-America dominates the GaN semiconductor devices market. This growth is mainly due to high penetration of GaN semiconductor in aerospace & defence sectors, medical, and automotive sectors. GaN semiconductor devices market in Asia-Pacific is expected to grow at a fast pace during the forecast period. In Asia Pacific, the Japan continues to dominate the market of GaN semiconductor.

 

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posted Oct 13 by Minakshi Jagtap

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Market Scope The global piezoelectric devices market is expected to expand over the forecast period owing to investments in R&D, applications in aerospace & defense, consumer goods, and others. Advantages of easy installation within high-density electronic devices, responsive to high frequencies, and non-requirement of external source of power for functionality can drive market demand. Innovations in vibration energy harvesting, nano-scaling, and miniaturization of devices can bolster the market growth. The ability to harvest energy from surrounding environment has led to its integration in laptops, notebooks, smartwatches, and smartphones. Get Free Sample Report : https://www.marketresearchfuture.com/sample_request/1221 The COVID-19 impact on the piezoelectric devices market has been huge owing to shutdown of electronic device manufacturers and issues in supply and logistics chain. Geopolitical tensions between countries and trade policies can hamper the market growth. But the reopening of economies and industrial facilities can relieve the market. But their limitations of small electrical charges and inability to maintain output during bouts of temperature fluctuations can hamper the market growth. Segmentation By product, the piezoelectric devices market is segmented into stack actuators, piezoelectric transducers, multilayered piezoelectric generators, piezoelectric sensors, single-layer piezoelectric generators, strip actuators, piezoelectric generators, piezoelectric motors, piezoelectric actuators, and others. The piezoelectric actuators segment is expected to generate a strong revenue growth owing to their rotational speed and efficiency. By material, it is segmented into hard ceramics, piezoelectric polymers, piezoelectric ceramics, piezoelectric composites, piezoelectric crystals, and soft ceramics. Piezoelectrci polymers are likely to exhibit a strong growth rate over the forecast period. This is attributed to the rise of polyvinylidene fluoride (PVDF) as a polymer material in transducers and pressure-based sensors. By application, it is segmented into industrial & manufacturing, electronic devices, wearable devices, healthcare, consumer electronics, diagnostic equipment, aerospace & defense, imaging devices, automotive, surgical tools, information & communication, and others. The aerospace & defense application is projected to be the lucrative application for the piezoelectric devices market. This is attributed to launch of new aircraft by GE Aerospace, Boeing, and others. On the other hand, the automotive sector is likely to induce a strong demand for piezoelectric devices owing to investments by automotive manufacturers such as Ford and Volkswagen. Access Report Details : https://www.marketresearchfuture.com/reports/piezoelectric-devices-market-1221 Regional Analysis Europe, North America, Asia-Pacific (APAC), and Rest-of-the-World (RoW) are major regions covered in the piezoelectric devices market. APAC is expected to be the dominant contributor of the market owing to presence of various electronic manufacturers and investments in modernization of infrastructure and processes. China, Japan, Taiwan, and South Korea are prime locations for the market owing to favorable government regulations, production-linked incentives, and a large workforce. Production of drugs and supportive policies in the domestic healthcare sector can facilitate regional market growth. Europe is estimated to occupy the second position in the piezoelectric devices market owing to increased defense budget of nations and extended contracts for use of piezoelectric materials. The European Commission has submitted a report on the IMMEDIATE program for development of lead-free piezoelectric crystals in ultrasound medical equipment. Competition Analysis PI, CeramTec, Mad City Labs, Inc., Noliac A/S, Piezosystem Jena, Morgan Advanced Materials, APC International, Ltd., Piezomechanik Dr. Lutz Pickelmann GmbH, Piezo Systems, Inc., and others are key players in the global piezoelectric devices market. Collaborations and partnerships are main strategies utilized by these players to gain the competitive edge. Industry news Researchers at the University of California are planning to pitch a piezoelectric polymer as a delivery platform for drugs. It can be implanted in patients and the drugs released slowly by activation of mechanical forces. About Market Research Future: Market Research Future (MRFR) is a reliable firm that undertakes an extensive analysis of markets in various domains. Our teams of research analysts gather relevant data through painstaking primary and secondary research that aims to give clients a complete outlook on markets of their interest. The data is compared against third-party agencies and reputed organizations for estimating valuations and revenue projections. MRFR’s goal in providing a comprehensive coverage of the market replete with latest trends, niches, developments, and insights can be lucrative for business needs. We aim to push our clients to the forefront by guiding them with astute information for making informed decisions. Our market intelligence can track down key issues in industries and be modified as per the fluctuations in economic scenarios. The reports are customized and offered as per a specific region or country and adhere to latest policies.

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The global automation control components and devices market 2020 remains on target to expand its worth to USD 87.75 billion by 2025, which is above USD 43.61 billion worth gained in 2018. These figures are estimated in the study conducted by Market Research Future, which further finds that the market would take up at a CAGR of 10.8%.

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Top Impacting Factors


The automation control components and devices systems are developed to control, monitor, and perform various industrial tasks & automate processes with improved product quality, high precision, and reliability. MRFR finds Mitsubishi Electric Factory Automation, ABB Ltd., Honeywell International Incorporation, Siemens, and Schneider Electric SA to be the top players operating in the global industrial controls market and making it profitable since many years.

 

Automation control components and devices are being adopted by organizations from various industries owing to increase focus over attaining energy efficiency in manufacturing processes. The automation control systems can also help in declining the operational cost of manufacturing and standardizing the manufacturing process for improving quality. These features have encountered the demand to rise, which further may hit the net worth of its market in the forecast period.

 

Furthermore, more factors behind the growth of the automation control components market are the increasing use of automation, mainly in industries. The mounting need to use better technology equipment to gain better results is foremost to the growth of the market. Products made using automation do not only possess improved quality, yet are also produced at a decreased operational cost and increase profitability margin of the product at a larger scale. This has optimistically helped several manufacturers to boost their production capacity of automation control components and devices to adopt advanced automation solutions such as value creation automation (VCA).

 

In the case of point, Schneider partnered with the French Engie to implement new digital solutions for resourceful operations of wind and solar farms. The partnership aimed at making use of SCADA for remote monitoring, asset management, diagnostics, and cybersecurity.

 

Segmentation of Market: Automation Control Components

 

The study by MRFR also digs some segmentation of the global automation control components market, which has been done through type and application.


Among the type segment, the market has included connectors (automotive connector, board to FPC narrow pitch connector, board to board narrow pitch connector, high current stacking connector, FPC/FFC connector, and active optical connector), relays/couplers (photo IC couplers, solid-state relays, control panel relays, power relays, signal relays, safety relays, interface terminals, automotive relays), switches (interlock switches, fall detection switches, push switches, snap switches, seal type switches, limit switches, and light-touch switches), and others (encoders/potentiometers, force-sensing capacitive device, and PIR motion sensors).


Among the application segment, the market has included manufacturing, automotive, energy & power, oil & gas, electronics & semiconductor, mining & metals, military defense, aerospace & aviation, and government.


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Region-Wise Analysis

Region-wise, the study moves forward with analysis of the global automation control components and devices market in regions of Asia-Pacific, North America, Europe, and the Rest of the World.

North America region led the market in the year 2018, while Asia-Pacific is expected to confirm with having the highest growth rate during the forecast period. The significant factors liable for the growing adoption of automation control components and devices attributed to the high demand for automation components in the oil & gas and metal and mining industry, the occurrence of major manufacturers such as Panasonic and Omron, and adoption of digital technologies reduce the production cost. These factors have profoundly impacted the manufacturing capacity of manufacturers for the growth of automation control components and devices.


Europe is also expected to inflate with the highest CAGR during the forecasted period. The growth in this region is ascribed to the escalating demand for advanced automation processes in the automotive and manufacturing industry. Top companies in this region are focusing on mergers and collaboration with other players to launch advanced automated products in the future.

 

Top Market Players

The top positioned companies in the market are listed as Omron Corporation, Panasonic Corporation, Schneider Electric SE, Control Components Inc, Phoenix Contact, ABB Limited, LUTZE Group, Delta Electronics, Baumer Ltd, Encoder Products Company Inc, Honeywell International Inc., Rockwell Automation, and Siemens AG.

 

About Market Research Future:

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

 

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. 

 

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  • Domain expert researchers
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  • Cover latest trends and innovations 

 

 

 

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The global Smart Highways Market is showing immense growth; mainly due to the growing need for congestion free, reliable and improved travel experience among the end users. Smart highways basically refer to incorporation of different technologies into the roads for generating solar energy, for improving the operation of autonomous cars or for lighting and monitoring the condition of the roads. Increasing need for better and sustainable roads and highways is one major factor responsible for driving the growth of smart highways market.

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According to a recent study report published by Market Research Future, The global market of smart highways is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023). Smart highways are gaining popularity with growing need for reliable, safe and congestion free is driving the growth of smart highways market. Technological advancements and economic growth is influencing the industry dynamics. Also, increasing demand for smart highways from medium and small enterprises is one major factor driving the market growth. Increasing adoption of intelligent transport system (ITS) and developing infrastructure are major factors expected to boost the growth of smart highways market.

On the other hand, lack of accurate driver information and inappropriate traffic flow due to poor highway communication infrastructure are major factors hindering the growth of smart highways market. Moreover, lack of technical knowledge among drivers and lack of training about the smart highway rules, regulations and technologies are other factors which may hamper the market growth.

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Key Players:

Alcatel-Lucent (U.S.), Indra Sistemas, S.A. (Spain), Siemens AG (Germany), Kapsch AG (Germany), LG CSN (South Korea), CISCO Systems, Inc. (U.S.), Schneider Electric (France), International Business Machine (IBM) (U.S.), Xerox Corporation (U.S.), Huawei Technologies Co., Ltd. (China) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Smart Highways Market.

Industry News

December 2017 – LG has developed an LTE-based autonomous driving technology as part of its ongoing effort to make a presence in the next-generation vehicle market. The company wants to enable vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I) and vehicle-to-person (V2P) communications at high speeds using long-term evolution (LTE) networks.

December 2017 – Siemens has unveiled a new range of passively safe traffic signal poles which they say, offers customers longer life passively safe poles in a wide variety of forms, finish and lengths from 2m to 6m. The new poles are CE marked with a unique specification label confirming key features as required by BS EN 12899 including construction material, corrosion resistance and strength characteristics.

December 2017  Siemens has been awarded new ITS contract in Northern Ireland. A new long-term contract to maintain traffic management equipment throughout Northern Ireland for a minimum of four years has been awarded to Siemens by the Department for Infrastructure (DfI), NI. The principal objectives of the contract are to maintain a high level of equipment availability and to respond and rectify any faults which may arise on the equipment. Siemens will also carry out routine maintenance inspections and lamp changes at the appropriate intervals to check they adhere to current standards.

Smart Highways Global Market   - Competitive Analysis

The market of smart highways appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

Smart Highways Global Market   - Segmentation

The smart highways market can be classified into 5 key segments for the convenience of the report and enhanced understanding;

Segmentation by Technology: Comprises of intelligent transportation management system, intelligent traffic management system, communication system and monitoring system

Segmentation by Display: Comprises of variable message signs, digital signage and others

Segmentation by Deployment: Comprises of cloud and on premise

Segmentation by Service: Comprises of managed service, maintenance and operation service and consultancy service

Segmentation by Region: Comprises of Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Smart Highways Global Market   - Regional Analysis

North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the smart highways market in North America owing to the presence of a large number of established key players such as Alcatel-Lucent, CISCO Systems, Inc., International Business Machine (IBM) and Xerox Corporation among others. Also, due to the growing demand for improved travel experience in the region, the market is likely to show immense growth in the coming future. Smart highways market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 due to rise in IT technology and increasing adoption of upcoming technologies in the transportation industry in the region. Whereas, the Europe market for smart highways is expected to grow at a considerable CAGR (2017-2023).

TABLE OF CONTENTS

 

1 MARKET INTRODUCTION

 

1.1 INTRODUCTION

 

1.2 SCOPE OF STUDY

 

1.2.1 RESEARCH OBJECTIVE

 

1.2.2 ASSUMPTIONS

 

1.2.3 LIMITATIONS

 

1.3 MARKET STRUCTURE

 

2 RESEARCH METHODOLOGY

 

2.1 RESEARCH TYPE

 

2.2 PRIMARY RESEARCH

 

2.3 SECONDARY RESEARCH

 

2.4 FORECAST MODEL

 

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

 

2.4.2 MARKET SIZE ESTIMATION

 

3 MARKET DYNAMICS

 

3.1 INTRODUCTION

 

3.2 MARKET DRIVERS

 

3.3 MARKET CHALLENGES

 

3.4 MARKET OPPORTUNITIES

 

3.5 MARKET RESTRAINTS

 

4. EXECUTIVE SUMMARY

 

5. MARKET FACTOR ANALYSIS

 

5.1 PORTER’S FIVE FORCES ANALYSIS

 

5.2 SUPPLY CHAIN ANALYSIS

About Market Research Future:

 

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

 

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. 

 

Our Forte 

 

  • Strong industry focus
  • Robust methodology
  • Tailor-made solutions
  • Disruptive research
  • Cutting-edge detailed reports
  • Competitive pricing
  • Domain expert researchers
  • Timely delivery
  • Ground-breaking approach
  • Advanced and transparent research methodology
  • Cover latest trends and innovations 

 

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Market Scope

Market Research Future (MRFR) reveals that the optical sensing market 2020 can possibly achieve a striking growth rate of 21.41% between 2018 and 2023 (evaluation period). It is also likely that the market, by 2023, can touch a valuation of more than USD 4 billion, adds MRFR.

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Primary Boosters and Main Barriers

Optical sensing technology has emerged as an indispensable technique for manufacturers to save time, money and power, on account of the precise and quick measurements offered by them. Also, the applications of optical sensing technology in intelligent lighting help save power, since it is not dependable on a manual on-off switch. Instead, the light is turned depending on the natural light around it. These characteristics are highly desirable and are responsible for the high product demand in the market.

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The number of smartphone users has managed to outpace the number of home gadget users in recent years. Estimations reveal that by 2020, over six billion cell phones are going to be in use around the globe. These statistics are relevant to the market growth for optical sensing, given the demand for more security features in smartphones like on-screen fingerprint scan. Also, with more and more companies deploying on-screen fingerprint authentication, the market growth for optical sensing is imminent in the coming years.

The mounting deployment of optical sensing technology in residential and commercial applications in lighting systems can be an important growth booster in the market. Chicago is striving to use intelligent controls and LEDs in the next few years, replacing close to 270,000 city lights. These kinds of initiatives are helping cities save colossal amount of energy costs. Various other regions are following suit, which can only mean hike in the demand for optical sensors in intelligent light systems in the approaching period and better market growth as well.

Market Segmentation

Type, method, technology, application and vertical are the primary segments as per which the optical sensing market has been studied in the report.

Optical sensing system types are Ambient Light Sensors, Fiber Optic Sensors, Position Sensors and Image Sensors, and others. In the year 2018, the fiber optic sensors segment held the biggest share of 44.05% at a value of USD 728.69 million. The segment is also presumed to attain a growth rate of 19.17% in the given timeline.

About Market Research Future:

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research.

Our Forte

 

•          Strong industry focus

•          Robust methodology

•          Tailor-made solutions

•          Disruptive research

•          Cutting-edge detailed reports

•          Competitive pricing

•          Domain expert researchers

•          Timely delivery

•          Ground-breaking approach

•          Advanced and transparent research methodology

•          Cover latest trends and innovations

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4K technology is on the way to substitute HD technology from TV screens, computer monitors, projectors, as well as cameras. On this, Market Research Future suggested a study that reveals that the 4K technology market might rise at a valuation of USD 150,202 Million by the year 2023. The rate of growth is calculated to be 21.29% of CAGR through the years from 2017 to 2023. The transition from standard definition to elevated definition resolutions has played a massive role in creating a 4K technology market for large screen TV all over the world.

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Top Impacting Factors

4K technology is mainly used in electronic devices to enhance its picture quality. The 4k image is composed of almost 8.3 Million pixels compared to the 1080p image, which of 2 Million pixels. 4K technology is an advanced feature that offers sharp quality pictures along with vibrant colors, which is one of the leading factors fascinating to the global 4k technology market. This is also probable to boost the global 4k technology market in the near future. Increasing the disposal income of people positively impacts global market growth. Moreover, preferences of people have changed to view the picture with advanced quality, which is accepted to stimulate the 4k technology market growth in the future.

In fact, the growing industrial revolution has also projected to foster the global market in the future timeframe. With this, technological proliferation has led to the development of UHD, which means 4K technology after full HD. This new product is known for having a better color display, improved sound quality crystal clear picture. Additionally, 4K TV supports extended colors and faster frame rates. All these factors have made the market to expand more mainly in the developed regions and score well in the future.

Furthermore, the main advantages of 4K technology are the higher resolution gives better quality. From the context of home, 4K in TV screens has a least resolution of 3,840 pixels wide and 2,160 pixels high, thus making it the corresponding to two 1080p screens in height and two in length. Despite these factors, 4K technology has few disadvantages which choose to hamper the growth of the4K technology market. The content recorded in 4K is still restricted. To transfer videos in 4K, it is obligatory to have a minimum bandwidth of 25Mbps. The exported archives are profound and take up much space. The prices of 4K televisions are not reachable for all pockets. All these factors are posing as a tough challenge for the market to reach its higher valuation throughout the forecast period.

Segmentation of Market: 4 K Technology


As per the study, the global 4K technology market has further been studied among the main segments of the product, which includes TVs, digital signage, monitors, Smartphones, set-top boxes, laptops, tablets, cameras, projectors, blue-ray players. New technologies facilitate users to capture the sharpest video and edit without losing its quality. 4K cameras support the flash memory used by photographers and videographers. 4K cameras can shoot videos with the practice of any single frame as high-res image allows photographers capturing without compromising on quality. The high resolution in the 4K market offers users detailed gaming features as well. A 4K laptop consists of the extra pixel that provides photographers with a sharp image, smooth text, and graphics. 4K laptops also provide users a high storage option for software interfaces. The elevated memory space and better gaming platform are driving the 4K laptop market.


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Regional Framework


Currently, the Asia-Pacific region is the leading player in the 4K technology market. North America region is also one of the rising markets in the region owing to high spending powers. The growing economies such as Japan, India, and China have acquired the largest market share owing to mounting electronics industries in this region. The forthcoming revolution in technology is changing the market of the display with higher resolution. 4K technology refers to pixel size. It consists of 3840 or 4096 horizontal pixels and 2190 vertical pixels. Japan and Korea are possible to show rapid growth owing to the incidence of the broadcasting system industry. Also, China is in the same line of growth and be the leader in the shipment of 4K TV in the future timeframe.

 

The North America region has been the foremost adopter of the 4K technology and leads the 4K display market expansion. The Asia Pacific is also likely to show growth in the coming years.


Top Competitive Market Players


Some of the foremost companies working in the market are Panasonic Corp. (Japan), Canon Inc. (Japan), AsusTek Corp. (Taiwan), JVC Kenwood Corp. (Japan), Sharp Corp. (Japan), Innolux Corp. (Taiwan), LG Electronics Corp. (South Korea), Blackmagic Design Pty Ltd. (Australia), Hisense Co.Ltd (China), Samsung Electronics Corp. (South Korea), and Sony Corp. (Japan).

 

About Market Research Future:

 

 

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

 

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. 

 

Our Forte 

 

  • Strong industry focus
  • Robust methodology
  • Tailor-made solutions
  • Disruptive research
  • Cutting-edge detailed reports
  • Competitive pricing
  • Domain expert researchers
  • Timely delivery
  • Ground-breaking approach
  • Advanced and transparent research methodology
  • Cover latest trends and innovations 

 

...