Permanent magnets are a vital part of modern life. According to a new iRAP report, the global market for permanent magnets has reached US$ 11.3 billion in 2013, and is expected to grow to US$ 15 billion by 2018 with a CAGR of 5.7%.
Electroactive polymers are increasingly used in niche actuators and sensor applications demanding large strains as compared to other piezoelectric materials. New applications are emerging in medical devices, haptic actuators, cellular phone cameras, smart fabrics for sensors, digital mecha-tronics and high strain sensors.
The global piezoelectric crystal industry has gone through several boom-and-bust cycles. However, in the last five years, several applications have emerged for piezoelectric materials because of the new revolution in wireless and wire line communications.
The ultrasonic welding and cleaning equipment market is expected see a steady growth to reach $2,305 million in 2020. The new iRAP report provides a thorough coverage of the underlying economic issues driving the development of the ultrasonic welding equipment and ultrasonic cleaning equipment businesses.
According to a new iRAP report piezoelectric sensors and ultrasonic transducers, benefiting from the development of piezoelectric materials, have become a key enabling technology for a wide range of industrial, consumer, electronic, home automation and internet of things (IoT) applications, have reached a $4.3 billion in 2015 and will further increase to $6 billion by 2020.
The prevailing nature of hospital networks has created an environment in which health information can be distributed via wireless technology in many different modalities. According to a new iRAP report, the global market for wireless medical devices reached to about $3.6 billion in 2015 and is estimated to reach $11.0 billion by 2020 at a CAGR of 25 % per year from 2015 to 2020.
Internet of Things (IoT) technology creates the unique opportunity to collect real-time data from things (sensors, devices, and equipment) and combine that information with data and intelligence from business systems and people. According to a new iRAP report, global spending on IoT cloud platforms specific to industrial and manufacturing was valued at $80 billion in 2014, and is projected to increase to $358 billion by 2019 with a CAGR of 35%.
The thermal management industry is moving toward comprehensive solutions to cool electronics and paving the way for the electronics industry to develop high-performance applications. According to a new iRAP report, the global market for thermal management products is predicted to grow from about $8.8 billion in 2013 to $15.56 billion by 2018, at an average annual growth rate (CAGR) of 12.1%.
Home automation (HA) has made good headway into commercial markets in the past few years and is still growing. According to a new iRAP, report, the global market for home automation architecture has been estimated to reach US$11.95 billion in 2013, and is expected to grow to $20.85 billion by 2018 with a CAGR of 11.7%.
According to a recently published report from iRAP, Inc., the global market for piezoelectric-operated actuators and motors was estimated to be $11.1 billion in 2013 and is estimated to reach $16 billion by 2018, showing an average annual growth rate (AAGR) of 7.7% per year.
Six major applications are discussed in this report, which will account for most of the market for MEMS microphones over the next five years. These are mobile phones, laptops and tablets, camcorders and digicams, hearing aids, head phones and automotive hands-free calling.
Non-volatile memory (NVM) chips, which retain data when the power is off, are expected to see phenomenal growth in the next five years. Seven emerging non-volatile memory technologies such as FERAM, phase change random access memory (PC-RAM), magneto-resistive RAM, resistance switching RAM, zero capacitor (ZRAM), quantum dot RAM and polymer printed memory are contributing to this growth.
It covers issues concerning the merits and future prospects of the MEMS microphone business, including corporate strategies, information technologies, and the means for providing these highly advanced products and service offerings.
Transformers are a vital link to the entire supply chain for electric power, from generation to transmission to distribution networks. According to a new iRAP report, the global market reached to about $41,560 million in 2014, and it is estimated to increase to $63,500 million by 2019 at a CAGR of 8.8 % per year from 2014 to 2019.
Ultracapacitors, once a technological novelty, are now in mainstream and are showing significant sales volumes. There are four major markets where ultracapacitors are needed, each having its own specific requirements. The new report has estimated the markets according to applications, form factors and regions.
The global market for thin-film batteries is expected to reach $90 million in 2010. This market will increase to $600 million by 2015. The range for the average annual growth rate (AAGR) is expected to be 37.9% to 67.8% for the six major regions surveyed for the period 2010 to 2015.
The coming decade will see the rapid emergence of low-cost, intelligent, wireless switches and wireless sensors and their widespread deployment throughout our environment. The report reviews the various energy harvesting technologies currently available or under development.
The market data contained in this report quantify opportunities for ultracapacitors. In addition to product types, this report also covers the many issues concerning the merits and future prospects of the ultracapacitor business, including corporate strategies, information technologies, and the means for providing these highly advanced product and service offerings.
Over the past few years, fuel cells have demonstrated increased reliability and lower costs thanks to the incorporation of nanomaterials. Nanomaterials are also increasingly used in the production, purification and storage of hydrogen for use with fuel cells.
While the soft magnetic material industry is a mature industry, new improved materials are providing with higher energy efficiency transformers and motors. According to a new iRAP report, the 2014 global market for soft magnetic materials stood at about $45.4 billion, and it is estimated to reach $66.6 billion by 2019 with a CAGR of 7.9%.
The platinum group metals (PGMs) recycling industry has sustained growth in the last decade and is likely to continue this growth into the next decade because of the increasing value of PGMs and an expansion of technologies.
The study set out to find the extent to which carbon nanotubes are being actively
researched for new products, and by how many companies. The author found that
there are about 160 companies worldwide, which are pursuing the manufacture of
various forms of nanocarbon. There are more than 1,000 companies and
institutions that are developing, or producing products, which incorporate carbon
The “Digital Age” is very much the “Age of Nanofabrication.” At 1976 transistor prices, an IPod® would cost 3.2 billion dollars, according to Applied Material calculations. That fact highlights the importance of lithography at the nanoscale, as it it the technology that makes printing millions of transistors in a space measured in less than a few square inches possible and affordable.
The market data contained in this report quantifies opportunities for nanoenabled
packaging technologies, nanomaterials used for packaging, and technology applications. In addition to product types, it also covers the merits and future prospects of the nano-enabled pharma packaging business.
By 2011 the aggregate value of sales of regional industrial thermoformers was slightly less than $2.7 billion. Our survey suggests sales rebounded 3% in 2012 to reach $2.75 billion. Yet looking to 2013 less than half the survey respondents (45%) foresee an increase in their sales of industrial products whereas the other 55% foresee either no change.
If "the new normal economy" bears any resemblance to "the old normal economy" of the 2001-2008 period, regional sales of thermoformed packaging products should grow by 3.5% in volume terms and 5.5% in value terms out to 2014. Much will depend on the pace of recovery in the demand for packaging intermediate and final products in non-food-related markets – appliances, aftermarket automotive products, building and construction, housewares, medical products, and so on.
After registering steady sales growth of roughly 6% over the first 8 years of the decade the value of output from North American companies specializing in thermoformed packaging products fell back 2.4% in 2009. Here in early 2010 growth has resumed.
One of the features of this report is an analysis of operations across the industry – for example, average sales accruing to captive, custom and proprietary profile extrusion operations, the number of extrusion lines and employees per plant, the number of employees per extrusion line – that processors can utilize to benchmark their own operations.
Despite the welcome, albeit temporary, respite in the pricing of crude oil and natural gas due to the unfolding global financial crisis and economic slowdown, composite processors – in common with all other regional plastics processors – have to continue adapting to the new economics of energy.
Thermoplastic pipe is by far the largest component of this business, accounting for 9.4 billion lbs. of plastic material (96% of total plastic pipe output in volume terms) and $9.7 billion in annual sales (92% of total plastic pipe output in value terms).
The concept of wood/plastic composite material has a long history in plastics processing, yet it is only in the past few years that its potential in decking, fencing, railing and other building and non-building products has been addressed.
The level sensor industry has experienced sustained growth in the last decade and is likely to continue this growth into the next decade. The 2012 global market for level sensors was estimated to be $2.7 billion and is estimated to reach $3.8 billion by 2017 with a CAGR of 5.5% per year in 2012 $.