Recent Industry Analysis on Gas Sensors - Key Vendors and Future Scenarios

Emergence of gas sensors in HVAC system, growth in government standards and regulations concerning emission control, and rise in need for air quality monitoring in smart cities have augmented the growth of the global gas sensor market. Nevertheless, high initial cost of the device impedes the market growth. Contrarily, growing trend toward the internet of things (IoT) is expected create multiple opportunities in the near future.

The global gas sensor market accounted $823.1 million in 2019, and is projected to hit $1.33 billion by 2027, registering a CAGR of 6.4% from 2020 to 2027. The report offers an extensive analysis of changing market trends, top winning strategies, business performance, top impacting factors, and competitive heat map.

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COVID-19 scenario:

• The spread of COVID-19 has immensely affected the global gas sensor industry, owing to supply chain disruptions. There has been a shortage of raw material required for the production.
• The usage of gas sensors in the healthcare industry have been increased as they are used in oxygen concentrators, ventilators, and other respiratory systems.
• Moreover, the construction of new hospitals and healthcare centers would uplift the demand for gas sensors.

The global gas sensors market is segmented by type, technology, end-use, and region. By gas type, the methane segment dominated the market in 2019, accounting for nearly one-fifth of the global gas sensor market. The segment is anticipated to dominate the market throughout 2027. On the other hand, the oxygen segment is anticipated to manifest the highest CAGR of 8.7% during the forecast period.

By technology, the infrared gas sensor segment is projected to portray the highest CAGR of 8.7% during the forecast period. Nevertheless, the electrochemical gas sensor segment dominated the market in 2019, accounting for nearly one-third of the global gas sensor market, and would lead the trail throughout 2027.

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Based on region, the global gas sensor market across Asia-Pacific accounted for the largest share in 2019, contributing to more than two-fifths of the market. The region would rule the roost throughout the forecast period. Furthermore, the region is expected to register the fastest CAGR of 7.7% during the forecast period. The report also analyzes region across Europe, LAMEA, and North America.

The market leaders in the report include Nemoto Gas Sensors, Honeywell Analytics, Figaro Engineering Inc, MSA, Alphasense, GASTEC Corporation, Membrapor, Amphenol, Dynament, and Sensirion.

Power Electronics Market: Global Industry Coverage and Full Insights by 2027

Surge in need for power management devices and rise in incorporation of power electronics components in electric vehicles drive the growth of the global power electronics market. However, complex processes of incorporation in advanced electronics devices hinder the market growth. Furthermore, increase in demand for plug-in electric vehicles (PEVs) is expected to create new growth opportunities for the market players.

The global power electronics market generated $23.25 billion in 2019, and is estimated to reach $36.64 billion by 2027, registering a CAGR of 5.7% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.

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Covid-19 scenario:

• Several major market players have halted the production of power electronics devices amidst lockdown due the Covid-19 pandemic. There has been the supply shortage of raw materials such as silicon carbide and gallium nitride.
• The demand for power electronics is likely to decrease from the power industry. This is due to closure of most of the industrial units in which there has been huge demand for power.

The report offers a detailed segmentation of the global power electronics market based on device type, material, application, end-user, and region.

Based on device type, the power module segment contributed to the largest share in 2019, accounting for nearly half of the total share, and is estimated to maintain its dominant position during the forecast period. However, the power discrete segment is estimated to portray the highest CAGR of 7.4% during the forecast period.

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Based on material, the silicon carbide segment accounted for the largest share in 2019, holding more than one-fourth of the total share, and is expected to maintain the largest share throughout the forecast period. However, the gallium nitride segment is expected to register the highest CAGR of 7.8% from 2020 to 2027.

Based on region, Asia-Pacific contributed the highest share, accounting for nearly half of the total market share in 2019, and will maintain its dominance throughout the forecast period. In addition, this region is expected to grow at the highest CAGR of 6.7% from 2020 to 2027. The report also analyzes regions including North America, Europe, and LAMEA.

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Leading market players analyzed in the research include Fuji Electric Co, ABB Group, Microsemi Corporation, Infineon Technologies AG, Renesas Electronics Corporation, Mitsubishi, STMicroelectronics, Rockwell Automation, Toshiba Corporation, and Texas Instruments Incorporated.

Future of GPU - Graphic Processing Unit Market to Surpass $200.85 Billion by 2027: at 33.6% CAGR

Continuous advancements in graphic-based games, strong growth in virtual reality (VR) and augmented reality (AR), and rise in demand for gaming laptops and computers drive the growth of the global graphic processing unit (GPU) market. However, inability of integrated GPU to enable intensive graphic designing software may hinder the market growth. On the other hand, rise in popularity of IoT and boom in the portable electronics market create new opportunities in the coming years.

The global graphic processing unit (GPU) market generated $19.75 billion in 2019, and is estimated to reach $200.85 billion by 2027, registering a CAGR of 33.6% from 2020 to 2027. The report offers an extensive analysis of current market dynamics, top winning strategies, business performance, major market players, and competitive scenario.

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Covid-19 scenario:

• The operational disruptions in the electronics industry due to Covid-19 pandemic have impacted GPU production activities.
• During the coronavirus pandemic, the supply chain and distribution channels have been impacted, which in turn, affected the industries dependent upon GPU components.

The report offers a detailed segmentation of the global graphic processing unit (GPU) market based on component, display type, mode of transportation, and region.

Based on component, the integrated segment contributed to the largest share in 2019, accounting for more than half of the total share, and is estimated to maintain its dominant position during the forecast period. However, the hybrid segment is expected to register the highest CAGR of 36.8% from 2020 to 2027.

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Based on display type, the smartphone segment accounted for the largest share in 2019, holding more than two-fifths of the total share, and is expected to maintain the largest share throughout the forecast period. However, the others segment is estimated to portray the highest CAGR of 38.8% during the forecast period.

Based on region, Asia-Pacific contributed the highest share, accounting for nearly half of the total market share in 2019, and will maintain its dominance throughout the forecast period. However, LAMEA is expected to grow at the highest CAGR of 8.6% from 2020 to 2027.

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Leading market players analyzed in the research include IBM Corporation, NVIDIA Corporation, Intel Corporation, Samsung Electronics Co., Ltd., Advanced Micro Devices, Inc., Qualcomm Incorporated, Google LLC, Dassault Systems, Inc., Sony Corporation, and Siemens AG.

Continuous Development in Semiconductors Industry Dominating Ultrapure Water Market

Continuous Development in Semiconductors Industry Dominating Ultrapure Water Market

The report “Ultrapure Water Market" by Equipment, Materials & Services (Filtration, Consumables/Aftermarket, and Others), by Application (Washing Fluid and Process Feed), by End Use Industry (Semiconductors, Coal Fired Power, Flat Panel Display, Pharmaceuticals, Gas Turbine Power, and Others) & by Region - Global Trends & Forecast to 2020”, defines and segments the ultrapure water market with an analysis and forecast of the market size.

Browse 96 market tables and 58 figures spread through 166 pages and in-depth TOC on "Ultrapure Water Market by Equipment, Materials & Services (Filtration, Consumables/Aftermarket, and Others), by Application (Washing Fluid and Process Feed), by End Use Industry (Semiconductors, Coal Fired Power, Flat Panel Display, Pharmaceuticals, Gas Turbine Power, and Others) & by Region - Global Trends & Forecast to 2020".

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The ultrapure water market is projected to reach USD 7.15 Billion by 2020 at a CAGR of 7.8% between 2015 and 2020. This growth is driven by the increasing demand from the semiconductors industry and coal fired power plants. Asia-Pacific is the largest market for ultrapure water due to presence of large companies in this region. North America and Europe are established market with major global players present in these regions.

The semiconductors end-use industry is expected to dominate the ultrapure water market by 2020

Ultrapure water in the semiconductors industry is expected to contribute the maximum share in this market by 2020. Increased demand for the high purity water in wafer fabrication and semiconductors industry is driving the growth in this segment. Apart from this industry, coal fired power plants, flat panel, and pharmaceuticals are other major end-use industries of ultrapure water.

Washing fluid segment to account for the highest share in the ultrapure water market by 2020

Washing fluid is the largest application for ultrapure water. Many end-use industries such as semiconductors, flat panel, and pharmaceutical use ultrapure water as washing fluid. Various processes in these industries require washing and cleaning in order to remove impurities and particles from the small parts, this is achieved through the use of highly purified ultrapure water. Apart from washing fluid, ultrapure water is also used as the process feed in coal fired power plants and gas turbine power generation companies.

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Asia-Pacific to dominate the ultrapure water market during the forecast period

Asia-Pacific accounted for the largest share of the ultrapure water market in 2014, followed by North America and Europe. The Asia-Pacific and North America regions are further expected to show a high growth in the future. The growth is attributed to the increased growth in the electronics industry which creates more demand for ultrapure water and installations of new coal fired power plants in Asia-Pacific.

The report covers the ultrapure water market by end use industry, application, equipment, material & services, and region. On the basis of the end-use industry, the market is segmented into semiconductors, coal fired power plants, flat panel, pharmaceuticals, gas turbine power, and others. In terms of application, the market is segmented into washing fluid and process feed. In terms of equipment, material and services the market is segmented into, filtration equipment, consumables/aftermarket, and others. In terms of region, the market is segmented into Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The key players operating in the global ultrapure water market are, GE Water and Process Technologies Inc. (U.S.), Veolia Environment S.A. (France), Ovivo Inc. (Canada), Pall Corporation (U.S.), Dow Water & Process Solutions (U.S.), Koch Membrane Systems (U.S.), and Hydranautics (U.S.), among others.

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