The global outdoor lighting market is likely to grow at a CAGR of 8.4% during the forecast period. Outdoor lighting refers to the use of outdoor illumination of private gardens and public landscapes for the improvement and determinations of security, nighttime aesthetics, convenience and safety. Various types of lighting sources being utilized for outdoor lighting includes LEDs, fluorescent lights, HID lamps and plasma lamps. Among various types of lighting sources, LEDs enable outdoor lighting with exceptional benefits of higher efficiency and environment safety.
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Increasing demand for energy-efficient lighting solutions across the globe, modernization and development of infrastructures such as smart cities, reduction in the prices of LEDs, and increasing penetration of LEDs as a light source in various outdoor lighting applications, including streetlights, parking lots and tunnel lights, are the major factors likely to bolster the growth of the market during the forecast period.
HID lamps have been the largest contributor of outdoor lighting. However, market for LEDs are expected to register the highest growth during the forecast period. HID lamps are rapidly being replaced by LEDs owing to the strong government support for the safety of environment. In addition, the slow growth rate for HID lamps market is due to several disadvantages of the lamps, such as longer time to cool down and restrike when power is disrupted, and consuming some time to warm up while starting.
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Considering the market, on the basis of technology, lighting fixture segment is likely to spearhead the technology category, with higher revenue contribution. However, lighting control technology segment is expected to register faster growth during the forecast period. The adoption of control technology is increasing with LEDs lighting due increase in functionality with giving comfort, security and flexibility to lighting solutions.
Geographically, Asia-Pacific has been the largest market for outdoor lightings. The gravity center for the outdoor lighting market has clearly moved to Asia, in particular for chips and epiwafers, and also for packaged lighting sources. The supply chain structure of outdoor lighting sources consists of product design, product manufacturing and marketing & sales. In Asia-Pacific, most of the companies operating in this market are involved in product designing and product manufacturing for the companies operating in other regions. However, most of the non-Asian companies are in charge of marketing and sales. For example, European companies are active in designing and marketing and sales and often outsource manufacturing in Asia. Being a manufacturing hub for outdoor lighting sources, Asia-Pacific contributed the largest to the global outdoor lighting market. Further, it is also expected to witness fastest growth globally, during the forecast period. The high growth is expected due to the region being major hub for manufacturing and distribution of LED based lighting systems, and a major exporter of energy efficient lighting solutions, globally.
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Some of the major players in the global outdoor lighting market include Philips Lighting Holdings, General Energy Connections, Osram Licht, Hubbell Incorporated, Cree Inc, Eaton Corporation, Syska LED, Virtual Extension, Dialight Plc, Zumtobel Group AG.
The electricity meters (smart meters) market is growing at a significant rate due to rapid industrialization, increasing penetration and growing need for energy efficiency. Favorable regulatory conditions and increasing smart grid initiatives are supporting the smart meters market growth in the coming years. The stringency in regulation towards usage of smart meters began with North America and Europe, and they are also expected to become applicable in Asia-Pacific in the coming years.
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Asia-Pacific is expected to lead the smart meters market during the forecast period on account of increasing demand from emerging economies such as China and India. China is spending heavily on smart grids involving meter installations. Rising urbanization and increasing demand for electric vehicles in the country are providing opportunities to the smart meters market to grow in the coming years. The various ongoing activities in China to upgrade the meters, transmission systems, distribution networks, and generating capabilities are supporting the smart meters market growth in the country.
The increasing electricity demand in the emerging regions such as Middle East and Africa, and Latin America are providing ample growth opportunities to the smart meters market to grow in such regions also. The regions are also adopting advanced technologies to accomplish their energy security needs. The American Recovery and Reinvestment act of 2009 comprises various initiatives including smart grid demonstration program, and smart grid investment grant program. Such programs has enabled the U.S. smart meters market to grow by a significant rate in the coming years.
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Some of the advantages of smart meters are real time data feeds, automated outage detection, two way communication medium between utility and meters, enhanced accuracy and monitoring of power quality. Electricity distributed by distributed generation (DG), such as wind and solar generation, to the grid is measured with the help of smart meters. The devices are connected to electronic data management and consumer system with the help of communication broadcasting technologies such as meter-bus and ZigBee. Rising growth of machine-to-machine technology in industrial and residential sector is supporting the growth of the smart meters market.
The smart meters market can be categorized on the basis of applications as commercial, residential, and industrial. Residential application dominates the smart meters market due to increase in population, particularly in BRIC countries. Home energy management system is simplified by using smart metering which is supporting the usage of smart meters in residential sector. Energy can easily be managed in residential sector by using load variable tariffs and time-of-use tariffs. The need for energy installations and energy efficiency is increasing due to rising urbanization which gives rise to various production activities and industries.
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The major competitors in the smart meters market are Delixi Group Co. Ltd., Schneider Electric SA, Itron Inc., Jiangsu Linyang Electronics Co., Ltd., Holley Metering Ltd., General Electric Co., Siemens AG and Landis+Gyr Inc. Consumer preference towards electric vehicles are supporting the smart meters companies to some extent. Furthermore, increasing demand of smart meters from Asia-Pacific region and energy efficiency awareness programs is also contributing to product penetration of companies operating in smart meters.
Embedded systems refer to, application-specific combination of electronic hardware and software for meeting the specific demand(s) of the system in which they are embedded. Surge in the demand for smart electricity meters in mainly the developing countries of Asia Pacific and South America had driven the embedded system market in the recent years.
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The rising demand for smart meters is also expected to continue over the coming years, attributed to the government initiatives towards energy efficiency and electrification in the rural areas of developing countries, such as India and China. Moreover, some of the further factors, such as technological advancement coupled with falling prices of inputs materials, like microcontroller and microprocessor units have also created a positive impact on the growth of the embedded system market in the recent years.
Based on the different products, the global embedded system market can be broadly classified as embedded hardware, and embedded software. Based on the different applications of the embedded system the global embedded system market can be segmented as automotive, consumer electronics, healthcare, telecommunication, industrial, homeland security and military, and aerospace.
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Automotive was the largest market, among all the application segment of the embedded system market in 2014. The market dominance of the automotive applications is expected to sustain during the forecast period. The various applications of embedded system in the automotive sector are used for engine control, safety and security, infotainment, and others. The growth of this application in passenger cars of even lower priced variants is expected to boost the embedded systems market during the forecast period. Moreover, the rise in demand of Hybrid Electric Vehicles (HEV) and Electric Vehicles (EV) is also a considerable growth factor for the embedded system market in automotive application.
North America dominated the embedded system market in 2014. North America is also expected to continue with its market dominance in the embedded system market over the next five years. The Asia Pacific market is expected to be the fastest growing market over the forecast period. The high growth of the Asia Pacific market is attributed to emergence of automotive industry in the developing countries, such as India and China. Taiwan and China are some of the leading players of the embedded system market in this region.
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Some of the competitors in the global embedded system market are Altera Corporation, Atmel Corporation, Intel Corporation, Freescale Semiconductor, Inc., Mentor Graphics Corporation, Microsoft Corporation Inc, Microchip Technology Inc., Texas Instruments, ARM Holdings Plc, Zilog Inc., Eldos Corporation, Codethink Ltd., Infineon Technologies, SSV Software Systems GmbH, NXP Semiconductors, STMicroelectronics, SSV Software Systems GmbH, HCL Technologies Limited, Tieto Deutschland GmbH, Infosys Limited, Renesas Electronics Corporation, and Samsung Electronics Corporation.
The electric motor and generator market has witnessed considerable technological advancement in the recent years due to which the demand for high efficient electric motor and generator system is gaining pace. The power efficient electric motors offer various benefits, such as longer operating life, low maintenance, and lower energy consumption over traditional electric motors.
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The improvement in energy efficiency of electric motors increasing demand of electric motor and generator from agricultural and industrial sector, growing application of HVAC system, and rising demand of electric and hybrid vehicle are some of the major drivers of the electric motor and generator market in the recent years.
Based on the output current, the global electric motor and generator market can be broadly classified as AC electric motor and generator, DC electric motor and generator, Synchronous AC Motor, and Induction AC Motor. Further based on the output power, AC generators can be classified, as electric motors (less than 37.5 watts), AC generators (less than 75 kVA), AC generators (75-375 kVA), AC generators (375-750 kVA), and AC generators (more than 750 kVA). Based on the output power, DC generators and motors market can be classified as DC generators and motors (output 75-375 kW), and DC generators and motors (output more than 375 kW).
Based on the different applications of electric motor and generator the market can be classified as industrial machinery, heating ventilating and cooling (HVAC) equipment, motor vehicles, aerospace and transportation, household appliances, and other application.
Asia Pacific has been the largest and fastest growing market of electric motor and generator in 2014. Asia Pacific region is expected to maintain its dominance even during the forecast period, attributed to the rising demand of electric motor and generator from automotive, and other industrial sector from China and India.
Country wise, the U.S. and Canada dominate the electric motor and generator market in North America. France, Germany, the U.K., and Italy, are some of the major players in the European electric motor and generator market. China, Japan, India, and South Korea are some of the leading regions in the Asia Pacific electric motor and generator market.
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Some of the competitors in the global electric motor and generator market are Asmo Co Ltd., Arc Systems, Brook Crompton, Danahar Motion LLC, Ametek Inc., Rockwell Automation, Franklin Electric Co., Inc., Siemens Ag, Johnson Electric Holdings Ltd., Ametek Inc., Allied Motion Technologies Inc., Baldor Electric Company, and Siemens among others.
Rising demand for faster, cost effective and efficient memory solutions have raised the need for next generation memory in recent times. The demand of advanced memory technologies have been rising with the increasing electronic gadget market and rising data storage requirement.
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The expanding market for tablets and smart phones is boosting mobile dynamic random access memory (RAM) market, owing to which the demand for next generation memory is also increasing. The incompatibility and poor performance of the traditional non-volatile memory solutions are further propelling the next generation memory marketsuch as MRAM, memristor, FeRAM and others.
Based on technology, the next generation memory market can be broadly classified into volatile memory and non-volatile memory. Memories which perform both volatile and non-volatile functions are known as universal memory. Volatile memory, also known as flash memory, stores data for temporary period and loses the data it when the computer is powered off. Most volatile memories unit has faster read-out capability than that of non-volatile memory. However, it has much smaller data storage volume than non-volatile memory.
The next generation memory finds application in smart cards, automotive electronics, mass storage, consumer electronics, mobile phones and others. Based on interface, next generation memory market can be categorized into SAS, SATA, PCIe, DDR and I2C. Owing to the characteristics, such as high data rates with lower power dissipation levels, of next generation memory, their importance in electronics and semiconductor industry is increasing. With respect to technology, high scalability and lower power consumption acts as major drivers for the next generation memory market.
North America dominates the next generation memory market; however, Asia-Pacific is witnessing strong growth owing to rising demand from countries such as Japan, China and South Korea.
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Some of the major companies operating in next generation memory market include, Fujitsu Ltd., SanDisk Corporation, Samsung Electronics Co., Ltd., The International Business Machines Corporation (IBM), SK Hynix Inc., Adesto Technologies Corporation, Inc., Micron Technology, Inc., Toshiba Corporation, Cypress Semiconductor Corporation, Winbond Electronics Corporation, Crossbar Inc., Avalanche Technology Inc., and Micron Technology Inc.
Sensors play a vital role in printed electronics. Continuous miniaturization of sensors, due to the development in sensor manufacturing technology, has raised the demand of printed and flexible sensors in various applications. Sensors detect alterations and change in parameters, in terms of quantities, in a device. Various companies dealing in printed electronics use printed and flexible sensors in their products. Printed and flexible sensors are generally used to measure optical or electric signals.
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The major application areas of printed and flexible sensors are healthcare electronics, breath sensing, consumer electronics, drug screening devices and smart packing. Printed and flexible sensors are small in size, light weight and cost-effective compared to conventional sensors. Printed and flexible sensors are also used in various healthcare and consumer electronics portable devices, owing to its light weight property as compared to conventional sensors.
On the basis of type, the printed and flexible sensors market can be categorized as piezoelectric, capacitive, gas sensors, piezoresistature sensors, digital x-ray sensors, hybrid CMOS sensors, temperature sensors, photodetectors, and biosensors. And based on technology, the printed and flexible sensors market can be categorized as ink-jet printing, gravure printing, screen printing and flexography.
Rapid growth in the end-user industries of printed and flexible sensors, low-cost manufacturing of printed and flexible sensors as compared to conventional sensors and performance benefits in terms of product life cycle and sensing efficiencies over conventional sensors are some of the major growth drivers for the printed and flexible sensors market.
Surging application of printed and flexible sensors in medical electronics devices, and considerable growth in Internet of Things (IoT) market, presents new market opportunity for the printed and flexible sensors market.
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Some of the competitors operating in the printed and flexible sensors market are GSI Technologies, KWJ Engineering, PolyIC, Vista Medical, Meggitt A/S, Arkema group, NikkoIA SAS, Tactonic Technologies, Electrozyme, Peratech, Synkera Technologies, DropSens, Tekscan, Thin Film Electronics, PST Sensors, BeBop Sensors, Temptime, Fujifilm Holding Corporation, Sensitronics, Interlink Electronics, ISORG, Plastic Electronic GmbH, and T-Ink.
The rising demand for power quality, increasing adoption of variable frequency by the end users, growing demand from IT and data centers, government regulations, and awareness regarding the potential damage from harmonic are some of the dominant factors driving the global harmonic filter market. Whereas, the forces restraining the growth of harmonic filter market include high cost, availability of substitute products and lack of consumer awareness about the harmonic suppression.
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Power quality problems generally occur due to propagation of harmonic frequencies in electrical systems. The excess of harmonic voltage and harmonic current in an electrical design leads to various harmful effects on the performance of transformer; and can also lead to failure of transformer. The most widely adopted harmonic limit standards are IEEE STD 519 (1992), AS/NZS 61000.3.2 (2007) and AS/NZS 61000.3.6 (2001).
The global harmonic filter market can be categorized on the basis of product type as hybrid harmonic filters, active harmonic filters, and passive harmonic filters. The types of passive harmonic filters include tuned passive harmonic filters and de-tuned passive harmonic filters. Hybrid harmonic filter is the combination of both active and passive harmonic filters.
Passive harmonic filter is used for static loads of an electrical installation and active harmonic filter is used to diminish the harmonics produced by variable loads. On the basis of voltage level, the harmonic filter market can be categorized as low voltage, medium voltage and high voltage harmonic filters. Based on end user industry of the global harmonic filter, the market can be categorized as data centers, oil and gas, industrial, water treatment, and automotive industry.
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North America was the largest market for harmonic filters in 2014. The market dominance of North America is attributed to high consumer awareness and stringent government regulation in the region. Asia-Pacific and Latin America are two of the fastest growing harmonic filter market and they are expected to witness even healthier growth in coming years.
The fast growth in these regions is attributed to development in power generation and distribution in developing countries, such as China and India. Brazil is one of the largest and fastest growing markets of harmonic filter in Latin America region. Germany, Italy, France, and the U.K., are some of the major harmonic filter market of Europe.
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Some of the competitors of harmonic filter market are Baron Power Ltd., Danfoss A/S, EPCOS AG, MTE Corporation, Schaffner Holding Ag, Eaton Corp Plc, Comsys AB, ABB Ltd., Crompton Greaves Ltd., Emerson Network Power, Inc., Janitza Electronics GmbH, Schneider Electric SE, and Siemens AG.
The medium and high power motors market has witnessed steady growth due to increasing industrialization and strict government regulations for industrial electricity consumption. The rising cost of energy and the government rebates on premium efficiency motors are providing new growth opportunities to the medium and high power motors market.
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The growth of the market is supported by encouragement for energy efficient and premium efficient motors usage, and increasing replacement of less efficient and old electric motors. Whereas, the factors restraining the growth of medium and high power motors market are high price of energy efficient motors and price fluctuations of raw materials.
Energy-efficient motors have improved design, which helps to increase operational efficiency compared, to standard designed motors. The improved design is mainly focused on minimizing intrinsic motor losses. The improvement is achieved by the use of longer core, thicker wires, low-loss silicon steel, thinner lamination, copper bars (instead of aluminum bars) in rotor, smaller air gap between rotor and stator and others.
On the basis of output power, the market can be broadly categorized into medium power motors and high power motors. The output of medium power motors is between 0.740 kilo watt (KW) and 200 kilo watt (KW), and the output of high power motors is greater than 200 kilo watt (KW). Based on the input power mode, the medium and high power motors market can be categorized as single phase alternating current (AC) motors, three phase AC motors, brushless direct current (DC) motors, and brushed DC motors.
On the basis of efficiency standards defined by the International Electrotechnical Commission, the medium and high power motors market can be categorized as standard efficiency (IE1), high efficiency (IE2), premium efficiency (IE3), super premium efficiency (IE4), and non- regulated. The end-users of the medium and high power motors market include industrial machinery, commercial, motor vehicle manufacturers, aerospace, and HVAC (heating, ventilating and air conditioning) manufacturers. The industrial machinery end-user category comprises medical equipment, petrochemical and oil refining, mining and construction equipment, food and beverage, and pulp and paper industry.
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Some of the competitors in medium and high power motors market are Danaher Motion LLC, Regal Beloit Corp., Brook Crompton UK Ltd., ARC Systems Inc., Johnson Electric Holdings Ltd., Siemens AG, Baldor Electric Company Inc., Asmo Co. Ltd., Ametek Inc., Franklin Electric Co., Inc., Rockwell Automation Inc., and Allied Motion Technologies Inc.
The rising application of nanosensors in electronics access control system equipment, growing demand of nanosensors from healthcare electronics industry and Internet-of-Things (IoT) are some of the recent trends observed in the global nanosensors market.
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Nanosensors are tiny chemical, biological and surgical sensory devices having ability to sense and detect nanoparticals. Nanosensors market is gaining attention due to their ability to convey information about nanoparticles. Nanosensors are generally of the size between one nanometer and 100 nanometers. Light absorption properties of nanoscale materials are also different from the macroscale materials. Some nanoscale materials become translucent for particles smaller in size.
In the field of nanotechnology, nanosensors are instruments capable of monitoring physical and chemical properties of the regions which are difficult to reach and explore. Nanosensors are used in the detection of chemical, physical and other properties of simple organisms to complex cell organisms. Nanosensors can also be used for the detection of physio-mechanical properties and electro-magnetic properties. The large scope of nanosensors makes them suitable for various research and developments.
Nanosensors find their application in several sectors such as petroleum, forensic, environmental protection, fiber optic nano-cameras, labs-on-chips, cancer detection, robotics, total blood testing, mass and pressure measurement, nanoelectronics, security, military and surveillance, food and beverage, aerospace, automotive, petroleum and others.
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The associated benefits with nanosensors, such as compact size, low power consumption, increased reliability and the ability to correspond easily with semiconductor chips, are the key drivers for the growth of nanonsensors market. The increasing nanosensors market has also led to the growth in number of supplier industries, such as design services, design software, fabrication facilities and fabrication equipment. This has eased the sourcing of raw materials for nanosensors industry.
Based on type, nanosensors market can be divided into gas, liquid and bio-molecular nanosensors. And based on technology, nanosensors market can be segmented into hybridization technique, carbon nanotubes, sequencing, solar photovoltaic, nanowires, combined heat and powers, transcription mediated amplification (TMA), wind turbines, polymerase chain reaction (PCR), fuel cells, micro turbines, reciprocating engines and others.
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Some of the major players in nanosensors market include Nanomix Inc,, Nano Detection Technologies Inc., Affymetrix Inc., attocube systems AG, Altair Nanotechnologies Inc., Bayer AG, BioCrystal Ltd., Debiotech S.A., Diabetech, Thermo Fischer Scientific, Nippon Hosp Kyokai, Specialized Imaging, Spectra Fluidics, Micro-Tech Scientific Incorporated, and Pacific Nano Technologies.
Security printing involves printing of items that requires authentication such as banknotes, postage stamps, product authentication, identity cards, stock certificates and passports. Security printing includes holograms, intaglio printing, special paper, watermarks, micro-printing, security threads, anti-copying marks, magnetic inks and serial numbers.
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Security printing is done to avoid illegal activities such as counterfeiting, forgery and tempering. Many computer systems rely to some extent on secure printing, packaging, and seals to guarantee important aspects of their protection. Many software products get protection against forgery by using tricks such as holographic stickers, which are supposed to tear when removed from the package. Therefore, implementation of security measures is necessary to assure the user that the product has not been tampered after leaving the factory, which can be achieved by security printing.
Based on end-user applications, security printing market can be categorized as tickets, financial, personal ID, brand protection and others. Coatings, substrates and inks are expected to be the largest product category in the security printing market in near future.
Increasing fraudulent activities by anti-social elements is one of the reasons for growing demand of security printing market. Counterfeit activities are invading the supply chain network of companies, where goods with altered packaging are introduced for shipment. Fraudulent activities are also on rise in tax stamps, forged documents and bank notes. Furthermore, increasing awareness about various fraudulent activities in consumer groups is anticipated to generate new opportunities for the global security printing market. Security printing coupled with law implementation helps to control and minimize forgery cases.
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The security printing market also finds application in several industries for brand protection. The increasing threat to brands of established companies from product piracy are also aggravating the need for security printing.
Asia-Pacific dominated the global security printing market in 2014. Due to increasing awareness towards the surging counterfeit and forgery activities in the developing countries, the demand for security printing is expected to increase during the forecast period. North America holds a small share in the global security printing market. Due to increasing awareness among consumer groups and companies about document security, growth for security printing market in North America is expected to revive in next few years. The security printing market in Europe is expected to grow at a moderate pace. Western Europe is expected to witness significant growth in the security printing market during the forecast period.
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Global security printing market has a consolidated structure with few players accounting for majority of market share. Some of the key competitors in the global security printing market include Madras Security Printers, 3M, Giesecke & Devrient, Tungkong Co Ltd, and Thai British Security Printing Public Co. Ltd.