Power GaN Market: Rapid Technological Innovations to Influence Market Growth in Future

​A recent report by Transparency Market Research, titled “Power GaN Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” presents a detailed analysis of the market from a global perspective. According to the report, the power GaN market is expected to rise considerably due to the increase in use of gallium nitride in the form of a wide band gap semiconductor material. This is due to the significant advantages offered by gallium nitride (GaN) as compared to other semiconductor devices that use gallium arsenide (GaAS) and silicon carbide (SiC). These advantages are mainly with respect to efficiency, weight and size, and thermal performance.

Globally, GaN is often being considered as the next generation semiconductor for powering applications, as per the report published by TMR. This reason has led to the increasing adoption of GaN-based semiconductors in several parts of the world, thus being its significant driver.

According to the report, GaN semiconductors are used in numerous applications such as information and military, automobiles, defense sectors, aerospace, power distribution systems, communication technology systems, and many others. GaN also finds application in light emitting diodes, power electronics, and in devices that operate on radio frequencies. This applications are entirely possible due to the ability of GaN to operate at high frequency and temperatures. The increasing number of applications to serve high temperature and frequency operations is often considered as a primary fueling factor for the power GaN market, as discussed in the report.

As per the TMR report, technological developments and adoption of novel production techniques for the production of gallium nitride have opened growth avenues in the power GaN market. This has aroused the interest of new players to enter in this market. . New market entrants are striving to manufacture GaN-based semiconductors that not only offer superior performance, but are cost-effective. These devices are extensively used in radio frequency amplifiers, LEDs, and high voltage applications. , Given the scenario, the demand for GaN devices is likely to increase acrossvarious industry sectors.

From a regional perspective, the global power GaN market is segmented into five regions: North America, Asia-Pacific, Middle East and Africa, Europe and Latin America. Among these regions, the market for GaN industrial devices in North America holds dominance at a global level. This is mainly because of substantial innovation and development of products taking place in North American countries such as the U.S and Canada. Numerous semiconductor devices are manufactured in these countries, not only for a commercial use but also for military purposes.

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On account of rapid economic growth witnessed in many of these countries, companies and investors are coming forward to invest in the power GaN market. This has resulted in several prominent players to exhibit significant hold in the market. Some of the key companies operating in the power GaN market are: Freescale Semiconductor Inc (USA), International Rectifier (USA), Fujitsu Limited (Japan), and Renesas Electronics Corporation (Japan), amongst others.

The TMR report extensively covers several aspects of the power GaN market. A lot of focus in this report is given on market trends, futuristic opportunities, prominent segments, market dynamics and the industry size, competitive scenario, and forecasts for the next few years. All these factors can provide a detailed analysis of the market has been made possible by TMR analysts by carefully researching all the associated factors.

Some other vital aspects covered in the report are: technological innovations, shares of leading players in the market, stakeholder analysis and strategies executed by top competitors, and value chain analysis. The report has been compiled by using primary as well as secondary research data.


Next Generation Naval Vessel Technology Market: Need to Upgrade Defence Sector to Drive Growth

​Transparency Market Research (TMR) has announced the addition of a new report, titled ‘Next Generation Naval Vessel Technology Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.’ According to the report the market for next generation naval vessel is primarily fuelled by the increasing demand for these vessels for maritime security. The next generation naval vessels are also extensively useful for anti-air warfare and during surface warfare. These vessels are also extensively effective against mine warfare and submarines. All these factors are expected to fuel the growth of the global next generation market.

In countries such as Afghanistan and Iraq, asymmetric counter insurgency warfare is a gripping issue which is boosting the demand for the next generation naval vessels technology. In addition to this the current ongoing disturbances in the Middle Eastern region on account of increasing terrorist activities will also heighten the demand for stronger naval security which in turn will bode well for the next generation naval vessels market.

Moreover countries such as the US, which are always on the lookout for upgrading their defence capabilities will also drive the growth of this market. In addition to this, the US is also concentrating on empowering there Navy by deploying next generation naval vessels. Apart from all these factors, the rising concern about maritime piracy of high value assets such as oil and gas tankers, cargo ships, and container fleet in Somalia and other regions will continue to drive the demand for these vessels.

On the other hand, the high cost of acquiring next generation naval vessels is a significant challenge which is hampering the growth of this market. Another factor which is challenging the growth of the market is the need for regular maintenance of naval vessels. Developing and underdeveloped nations in Asia, Latin America, and Africa do not have the necessary capital in order to acquire these vessels or maintain these vessels. Therefore the cost of these vessels and the maintenance cost of these vessels will act as restraining factors for the growth of the market. However, technological innovations are expected to reduce the impact of these restraints by reducing the cost of vessel components in the years to come which in turn will significantly reduce the cost of these vessels.

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On the basis of type the market can be segmented into surface combatant, aircraft carriers, mine warfare combat logistics carrier, patrol combatant, coastal defence, and amphibious warfare. Strong growth is predicted for the patrol competence, aircraft carriers, maritime security, and coastal defence naval vessels during the forecast period.

On the basis of geography North America is leading in the market primarily due to the increasing number of terrorist attacks and therefore the growing concerns regarding security. In addition to this the US invests significantly in order to keep its defence sector upgraded which in turn is driving the growth of the next generation naval vessel technology market. Europe is also expected to witness a healthy growth in the years to come on account of the growing demand for naval vessels from across countries such as the UK, France, and Germany.

Growth in the Asia Pacific region is forecasted to be impressive and this is most likely on account of heavy investments done by countries such as India and China for strengthening their defence sector. The market for the next generation naval vessel technology will also witness a robust growth in the Middle East region on account of continuous communal disturbance and terrorist activities in countries such as Syria and Iraq. A sluggish growth can be expected in Latin America on account of its weak economy and therefore low defence budgets.

The report profiles key players operating in the global next generation naval vessel technology market for the purpose of study. They are: Austal USA, Atein Naval, Aeromaritime Systembau GmbH, and DAMEN Schelde Naval Shipbuilding.

Military Footwear Market: Higher Demand Expected with Increasing Safety and Precautionary Measures in Defense Sectors

​The global military footwear market is prognosticated to attain growth while riding on a high demand gaining strength due to the increasing number of precautionary and safety measures in defense sectors. Transparency Market Research (TMR) foresees the market to make a strong progress in the coming years because of the growing popularity of the durability of products. Military footwear helps a soldier to survive and fight efficiently in battlefields. The soles of military footwear are strong enough and provide a solid grip to walk, run, or climb on challenging terrains. Titled “Military Footwear Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024,” a TMR report sheds light on other factors likely to improve growth in the near future.

A soldier could maneuver easily with the help of military boots that flaunt a light weight. The maneuverability and durability of military footwear are anticipated to create a whole lot of demand in the market. Soldiers could also work on heated and oiled surfaces without any hesitation as military boots are significantly resistant to heat and oil. On the negative side of the world military footwear market, there could be a slack in growth owing to the discouragement of the development of sophisticated products due to insufficient funds dedicated to the defense budget in some nations of the world.

Nevertheless, there could be plenty of business prospects prevailing in the world military footwear market on the back of several factors. One of the prominent ones could be the emergence of composite plastic toes introduced by military boot manufacturers. Composite plastic toes could help soldiers to withstand extreme shocks or even prevent them during military operations.

The combination of leather, nylon, and rubber used in the manufacture of boots could create scores of opportunities in the international military footwear market. Leather could protect the feet of soldiers in various environmental conditions. Nylon and rubber, on the other hand, could help in ventilation and providing comfort to soldier’s feet. Even nations with smaller army groups but facing a higher risk of terrorist attacks are expected to use a variety of military footwear due to its several advantages.

In the geographical point of view, North America is foreseen to secure a major share in the international military footwear market for the coming years. Asia Pacific, on the other hand, could be a faster-growing region of the market supported by aggressive research and development. The demand could be more in Japan, India, and China manufacturing a variety of leather, nylon, and rubber blended military boots. Other regions such as Latin America, the Middle East and Africa, and Europe are also predicted to offer opportunities in the market.

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On the basis of type, the international military footwear market could see a classification into magnum, parade ground, and combat military boots. Combat boots are extensively used during combat training and actual combats in the battlefields. The comfort and ventilation offered by combat boots are improved with the incorporation of nylon side panels. However, parade ground boots are only used for performing drill activities and marching and maintaining discipline in official military functions. Magnum boots are developed using materials of a higher quality to be used in drill activities as well as battlefields.

Some of the top companies operating in the worldwide military footwear market are China WestWarrior Company Ltd., Belleville Boot Company, and McRae Footwear.

Military Eyewear System to Gain from Rising Demand for Laser Protection Eyewear

​A recent market research report by Transparency Market Research presents a detailed account of the global market for military eyewear systems. The report is titled “Military Eyewear System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024.” The market has witnessed a vast rise in investment across developed as well developing economies and is expanding at a promising pace.

The vast rise in uptake of laser weapons in the military and defense sector is one of the key factors driving the market for advanced eyewear system for defense and military personnel serving in war fields. As laser weapons can prove to be detrimental to eyes, the skin, and can also sometimes lead to death, focus on the development of laser protection eyewear (LPE) has significantly increased in the past few years. Other technologically advanced devices such as night vision goggles, safety glasses, and eye shields are also witnessing increased attention from the military sector, thus driving the market for military eyewear systems.

The market is witnessing a vast rise in research activities owing to rising applications across sectors such as medical, industrial, and scientific research and development. Owing to a vast rise in number of players in the market, established companies are focusing more on developing innovative products with features to protect users from aspects such as fogging, scratches, and sand. Ways of penetrating in other application areas are also being sought by companies operating in the military eyewear systems market so as to strengthen their hold on the market.

For a more detailed overview of the global military eyewear systems market, the report segments it on the basis of a number of criteria, including technology, end use, and geography. On the basis of end user, the report covers segments such as homeland security and defense. While most products are designed keeping specific needs of defense personnel in mind, a vast set of products are also sold in commercial markets for common use. Tapping this seemingly less lucrative market could help companies struggling amid the intensely competitive military eyewear systems market gain sustainable revenue and consumer base.

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Geographically, the report covers the military eyewear systems market for regions including Europe, North America, Latin America, Asia Pacific, and Middle East and Africa. Presently, North America accounts for the dominant share in the global market presently, followed by the market in Europe, owing chiefly to the vast defense and military budgets of developed countries in these regions. Asia Pacific is considered to be the most lucrative regional market over the report’s forecast period and is expected to surpass other regional markets in terms of year on year growth from 2016 to 2024. Substantial investment in R&D activities aimed at the development of laser weapons in countries such as India, Japan, and China is expected to help the Asia Pacific market remain lucrative.

The report also offers a comprehensive evaluation of the vendor landscape of the global military eyewear system market, covering the detailed business profiles of some of the leading companies in the market and an assessment of thee impact of recent developments on the growth prospects of the market. Some of the leading companies operating in the market are Shalon Chemical Industries, Revision Military (Can), Honeywell International, Inc. (U.S), ESS a subsidiary of Oakley, Inc. (U.S.), PerriQuest Defense Research Enterprise (U.S), and Gentex Corporation (U.S.).

Industrial Monitors Market: Advent of High-Performance Touch Board with Human Machine Interfaces to Provide Promising Prospects

​The growing need for flat panel technologies for a range of rugged and demanding industrial environments in various manufacturing and process industries is a key factor driving the demand for industrial monitors. The wide applications of human machine interfaces (HMIs) in visualizing industrial control and monitoring system is a key factor boosting the industrial motors market. The substantially emerging demand for technologies for managing tasks of machines and automation systems in the manufacturing sector is a notable factor accentuating the growth of the industrial monitors market.

A new report by Transparency Market Research (TMR), titled “Industrial Monitors Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025,” offers an elaborate assessment of key growth dynamics, adoption trend in various end-use segments, regional outlook, and the competitive dynamics. The study offers in-depth insights into the share and size of key product types, major technological advancements, and lucrative prospects in various regions.

The rising demand for reliable and rugged flat-panel monitors for PC-based visualization and control solutions is a key factor boosting the industrial monitors market. The advent of high-resolution touch displays and imaging technologies with rapid response time is accentuating the growth of the market. The growing demand for modern touch board HMIs is expected to present promising prospects for market players in the coming years.

The significantly emerging demand for resistive touch screen monitors that can withstand extreme environmental conditions is expected to aid in the expansion of the industrial monitors market. The development of high-performance industrial monitors with advanced touch functions and control systems is further accentuating the growth.

The advent of more flexible, standardized interfaces that enable embedded computing for integrating processes related to machine, application, and the external environment is expected to unlock exciting prospects for market players. The growing uptake of LED-backlit LCD monitors in a range of sizes is also catalyzing the growth of the industrial monitors market. Furthermore, the soaring popularity of internet of things (IoT) systems and the rapidly growing adoption of supervisory control and data acquisition control system architectures in the manufacturing and process industries is accentuating the growth of the industrial monitors market.

The substantially rising demand for advanced operator terminals and the development of high-resolution widescreen touch displays are expected to create lucrative prospects for market players.

Some of the major regional markets for industrial monitors can be North America, Asia Pacific except Japan (APEJ), Western Europe, Eastern Europe, the Middle East & Africa and Japan, and Latin America.

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Geographically, North America is a prominent market for industrial monitors, attributed to the extensive uptake of automation and HMI technologies in various end-use sectors, notably manufacturing and oil and gas. The region is expected to benefit from substantial demand for rugged monitors for a large number of applications in these industries. Meanwhile, Asia Pacific except Japan (APEJ), is projected to rise at an attractive pace over the forecast period. The burgeoning demand for automation technology in the manufacturing sector is fueling the growth.

A number of prominent players operating in the global industrial monitors market are focusing on product innovations and technological advancements to gain a better foothold in the market. They are launching innovative products with advanced functionalities, in a move to stay ahead of others. Top players include Siemens Corporation, Barco NV, OmniVision Technologies, Honeywell International Inc., Axiom Technology, Inc., Rockwell Automation, Hope Industrial Systems, Inc., Planar Systems, Inc., Samsung Display Co., Ltd., and AAEON Technology Inc.

Aerospace and Military Auxiliary Power Unit Market Benefits from Increase in Air Travel

​Transparency Market Research (TMR) releases a new publication, titled “Aerospace and Military Auxiliary Power Unit (APU) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.” The report analyzes demand drivers, growth trends, and technological advances that will impact the development of the aerospace and military auxiliary power unit (APU) market for the forecast period between 2016 and 2024. The impact of government policies coupled with social and economic factors have also been examined to present the analysis of the aerospace and military auxiliary power unit market.

The report provides a comprehensive assessment of the market throwing light on key growth prospects and growth trends. This is presented via in-depth qualitative and quantitative insights, past performance, and accurate market size projections. In addition, a detailed overview of key market segments and competitive landscape have been included that further adds to the report’s merit. The projections featured have been obtained using standard analytical tools and proven research methodologies.

The TMR report envisions the global market for aerospace and military auxiliary power unit to expand at a healthy rate in the upcoming years. Firstly, the development of fuel cell, gas turbine, and E-APU are anticipated to positively influence the market’s growth. Additionally, the growing demand for aerospace and military APU for the manufacture of advanced fuel cells is estimated to substantially aid this market’s growth.

Over the past decade, mounting volume of air traffic and technological advances in the aviation sector have also been key factors serving to boost the growth of this market. The demand for APU from commercial aviation segment surpasses that from the military segment. Furthermore, rising fuel economy and surging demand for electric aircrafts are anticipated to bode well for the growth aerospace and military auxiliary power unit market. Lastly, rising popularity of green environment and the development of quieter auxiliary power units are anticipated to present lucrative opportunities for vendors in the aerospace and military auxiliary power unit market.

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On the other hand, factors such as lack of effective and advanced battery technologies and defense budget cuts are holding back the growth of aerospace and military auxiliary power unit market. High voltage drops due to the high frequency and high price factor of these units are anticipated to further challenge the market’s growth.

Among the key regional markets, North America and Europe are likely to hold dominance in the global aerospace and military auxiliary power unit market over the report’s forecast period. These regions are anticipated to hold a massive share in the overall market mainly because of their high defense budgets. The regional markets of Latin America, Asia Pacific, and the Middle East and Africa are currently at a nascent stage; however, these regions are likely to account for substantial share in the overall market as governments in these regions are planning to up defense and warfare capabilities.

Cross-border insurgency and terrorist activities have also necessitated military and defense capabilities to be heightened to face adverse situations. Developed countries such as the U.S., China, Germany, Japan and France that are involved in research and development for technological advances and to launch state-of-the-art APU systems are likely to provide stupendous opportunities to companies in this market.

Leading players in the global aerospace and military auxiliary power unit market include Falck Schmidt, United Technologies Corporation, Honeywell International Inc., The Marvin Group, Hamilton Sundstrand, Jenoptik AG, Kinetics Ltd., Microturbo, and Dewey Electronics Corporation.

Aerospace 3D Printing Market: Growth in Aerospace and Defense Industry to Spur Market Growth

​Aerospace 3D printing Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” is the latest market research study that has been added by Transparency Market Research. The study talks in detail about the global landscape of the market for aerospace 3D printing. The report offers a thorough assessment of the world market for aerospace 3D printing with an assistance of detailed and deep insights of the market. The research report comprehends the evolution of the said market by keeping a tab on the past developments and gauging the present scenario of the market. On the basis of optimistic and likely situations, it also presents a detailed prospect of growth that could rise in the years to come. The study report also provides the market trends that are currently prevailing in the world market for aerospace 3D printing together with its micro as well as macro-economic directives. Moreover, the research report offers the mandates, norms, and regulations that govern the global market and tries to assess it, based on the quantitative as well qualitative parameters. The information provided by the research report is the result of vital data collected from key market players and industry experts.

3D printing of various parts is an emerging technology that has been brought forth with an ability to change the manner in which organizations manufacture new products. It includes aerospace and defense parts as well. This new process of manufacturing is called additive manufacturing or 3D printing. The said technology engages making of physical objects by making a print of one layer at one time, making use of digital gadgets and deposition devices of special material. The current equipment of 3D printing has been evolved and developed in a very short period of time. It is also capable of making complex components with many different kinds of materials that include aluminum, steel, titanium, and various types of plastics. 3D printing is, as such, gaining popularity with many of the end-use sectors worldwide especially fabricating and manufacturing.

The segment of aerospace makes a recognition of the unique quality of 3D printing and the same industry is exploring many ways through which it can find avenues to make use of these competences. For instance, Boeing is utilizing 3D printing to make plastic made interior parts out of polyetherimide and nylon for the purpose of prototype units and their test evaluation. The company is making use of the technology of 3D printing so as to rapidly make tools for the manufacture of composite parts. Furthermore, Pratt & Whitney aerospace company is making vast investments in an advanced 3D manufacturing center in partnership with Connecticut University. This technology of 3D printing in the segment of aerospace, mostly in plastic, has evolved into a practice of mainstream prototype fabrication for the parts of aerospace. This technology enables design engineers to go straight to the finished parts thereby escaping fabrication of tools.

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Many different factors such as effective and optimum utilization of raw materials, tailor-made product creation, diminished number of errors, and accuracy at the time of manufacturing parts all collectively fuel the market growth for aerospace 3D printing over the timeframe of forecast that extends from 2016 to 2024.

The world aerospace 3D printing market can be geographically divided into the main regions of North America, Europe, Latin America, Middle East and Africa, and Asia Pacific.

Some of the prominent players pertaining to the market for D printing include names such as 3D Systems Corporation, EOS GmbH, Höganäs AB, Stratasys Ltd., Solvay S.A., Sandvik, and Organovo Holdings Inc. amongst many others.