Power Electronics Market Size to Grow by USD 12.38 Bn

March 14, 2022 Audrey

Key Market Dynamics:

Market Driver
Market Challenges

The increased adoption of renewable energy is driving the power electronics market growth. For instance, the Renewable Energy Growth Program initiated by the US Department of Energy in 2015 received an extension till 2029. This program aims to produce 40 MW of combined renewable energy per year up to 2029, which includes solar, wind, hydropower, and anaerobic digestion projects. This program offers opportunities to various commercial, government, non-profit, and other institutions to participate and get incentivized for meeting power production targets based on their category. Thus, implementations of such programs will drive the market during the forecast period.

Technological limitations are challenging the power electronics market growth. For instance, Power MOSFETs are used for applications that use below 500 V, whereas IGBTs are used for applications exceeding 400 V. Applications specific to power transmission require operations in kilovolts, and silicon-based devices have reduced efficiencies. The efficiency can be improved by using materials such as wide bandgap and ultra-wide bandgap materials, as they help reduce losses at higher voltages. The production technology for these materials is expensive and yet to be commercialized. Such factors can impact the market negatively.

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Market Segmentation

The power electronics market report is segmented by product discretes and modules. The discretes segment will have significant market share growth during the forecast period. Discretes are used in consumer electronic goods and are primarily silicon-based. Most of the demand is for applications such as consumer electronics and LED lighting systems.

By geography, the market has been segmented into APAC, Europe, North America, South America, and Middle East and Africa. APAC will be the leading region with 58% of the market’s growth during the forecast period. China, Japan, and South Korea are the key markets for power electronics in APAC.

View our sample report for additional insights into the contribution of all the segments and regional opportunities in the report.

Some Companies Mentioned

ABB Ltd.
Alcon Electronics Pvt. Ltd.
Analog Devices Inc.
Danfoss AS
Fuji Electric Co. Ltd.
General Electric Co.
Infineon Technologies AG
Kerala State Electronics Development Corp. Ltd.
Magna Power Electronics
Mitsubishi Electric Corp.
NXP Semiconductors NV
OM Semiconductor Corp.
Power Electronics
Renesas Electronics Corp.
Siemens Energy AG
STMicroelectronics NV
Texas Instruments Inc.
Toshiba Corp.
Vitesco Technologies Group AG
Arete and Cocchi Technology

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Instrument Transformer Market by Application and Geography – Forecast and Analysis 2021-2025

Power Electronics Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 7.42%
Market growth 2022-2026	USD 12.38 billion
Market structure	Fragmented
YoY growth (%)	7.09
Regional analysis	APAC, Europe, North America, South America, and Middle East and

Roll-to-Roll Flexible Electronics Market to grow by USD 4.90 billion| Rising Adoption of Smartphones to Drive Growth

March 10, 2022 Audrey

Emerging Opportunities with Key players

The roll-to-roll flexible electronics market is fragmented, and the vendors are deploying growth strategies such as increasing product or service extensions, M&A, and innovations in technology to compete in the market. 3M Co., Agfa-Gevaert NV, BASF SE, DuPont de Nemours Inc., E Ink Holdings Inc., Forge Nano Inc., Fujikura Co. Ltd., LG Electronics Inc., Marian Inc., Molex LLC, Multek Corp., Nissha Co. Ltd., Sumitomo Electric Industries Ltd., and Ynvisible Interactive Inc., among others, among the vendors operating in the market.

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Roll To Roll Flexible Electronics Market 2022-2026: Driver

The rising adoption of smartphones is one of the key factors driving the growth of the roll-to-roll flexible electronics market. The availability of low-cost smartphones and greater worldwide Internet penetration are projected to drive the global smartphone adoption. Developing nations, such as India and China, are becoming growing markets for smartphones as a result of rising disposable incomes and population. Furthermore, smartphones have moved from 4G LTE to 5G, with RF front-ends of 5G devices taking up more space due to the complexity of huge multiple-in multiple-out (MIMO) antenna configurations. The amount of data handled by the 5G system will rise, which will necessitate the increased battery capacity. The growth of the global roll-to-roll flexible electronics market is driven by the growing need for flexible electronic designs for mobile devices. Thus, the rise in the demand for smartphones will fuel the demand for roll-to-roll flexible electronics.

Roll-to-Roll Flexible Electronics Market 2022-2026: Segmentation

By end-user, the market has been segmented into Consumer Electronics, Energy, Healthcare, and Others. The consumer electronics segment will have significant market share growth during the forecast period. After the outbreak of COVID-19 in 2020, educational institutions were compelled to cancel classes and block campus access. The transition from traditional classrooms to virtual platforms resulted in a rise in demand for laptops, tablets, and smartphones, which propelled the growth of the segment in 2020.

By geography, the market has been segmented into North America, APAC, Europe, South America, and Middle East And Africa. APAC will account for 40% of the market’s growth during the forecast period. South Korea, Japan, and China are the key countries for the roll-to-roll flexible electronics market in APAC. Market growth in this region will be faster than the growth of the market in other regions. North America is also experiencing growth, owing to the high concentration of consumer electronics manufacturers, such as display device manufacturers and OLED panel manufacturers, in the region.

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Corresponding Reports:

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Wireless Fire Detection System Market by End-user and Geography – Forecast and Analysis 2022-2026

Roll To Roll Flexible Electronics

Printed Electronics Market Size to Grow by USD 20.10 Billion | Growing Demand for Flexible Display to Boost Market Growth

February 6, 2022 Audrey

Key Market Dynamics:

Growing demand for flexible displays is one of the key factors driving the global printed electronics market growth. Key vendors such as SAMSUNG, Vu Technologies, Panasonic, and Mitashi are shifting their focus from OLED TVs to curved LCD TVs as the devices with curved LCD displays are also gaining popularity in the market. Moreover, the increase in demand for flexible displays, owing to its application in automobiles, kiosks, tablets, notebooks, e-readers, and smart glasses, is expected to positively impact the growth of the global printed electronics market during the forecast period.

However, factors such as the challenge of encapsulation will challenge market growth. The high cost of encapsulation of flexible OLED display and light panels will lead to high manufacturing costs which will hamper the mass production and supply of display and lighting panels of both rigid flat and curved displays. In addition, the high cost of encapsulation is expected to impede the growth of the market in focus during the forecast period.

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Key Market Segment Analysis

The printed electronics market report is segmented by Application (Display, Sensors, Photovoltaics, Battery, and Others) and Geography (APAC, North America, Europe, MEA, and South America). The display segment led the largest printed electronics market share in 2020. The segment will continue to account for the largest share of the market during the forecast period due to the increase in demand for products such as TVs, smartphones, and wearables that are based on OLED display, electrophoretic display (EPD), electrochromic, and other printed displays.

APAC will be the leading region with 50% of the market’s growth during the forecast period. South Korea (Republic of Korea), Japan, and China are the key markets for printed electronics in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The availability of low-cost products due to the high concentration of display and electronic device manufacturers in the region such as E-ink Holdings and AU Optronics will facilitate the printed electronics market growth in APAC over the forecast period.

View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.

Key Company Analysis

The printed electronics market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The global printed electronics market is highly competitive due to the presence of a large number of vendors. There are significant growth opportunities in the printed electronics market as they are finding numerous applications in different electronic devices. Some companies are launching innovative products to gain a competitive advantage in the market. For instance, Agfa-Gevaert NV offers printed electronics product brands such as ORGACON. E Ink Holdings Inc. offers printed electronics products such as E Ink Just film and E Ink Prism film.

Some Companies Mentioned with their Offerings

Agfa-Gevaert NV
E Ink

Which Programming Language Will Grow Most Over the Next Two Years?

October 28, 2021 Audrey

Which programming languages will grow the most over the next two years? While it’s impossible to predict the future, we can certainly make an educated guess based on data—and the answer might not align with your expectations.

Emsi Burning Glass collects and analyzes millions of job postings from across the country. As part of that analysis, it predicts how certain skills (and programming languages) will grow or decline in usage within companies. Here’s what the platform said about the potential growth rates for some of the country’s most popular programming languages:

Perhaps it’s no surprise that Python (which recently seized the top position on the TIOBE Index’s long-running list of the world’s most buzzed-about programming languages) is predicted to gain substantially over the next two years. Long popular as a generalist language, Python has been making substantial inroads lately into highly specialized arenas such as data science and machine learning. But the real standout here is TypeScript, which Emsi Burning Glass thinks will grow an eye-watering 140 percent over the next two years.

What’s potentially behind that stunning rise? TypeScript is a superset of the ultra-popular JavaScript (which has led rise to significant debates over whether TypeScript is actually a “full” programming language). It’s also widely beloved by technologists: In the 2020 edition of the Stack Overflow Developer Survey, some 86.1 percent of surveyed developers said that Rust was a language they loved, followed by TypeScript (67.1 percent), Python (66.7 percent), Kotlin (62.9 percent), and Go (62.3 percent).

“TypeScript’s surge in popularity highlights Microsoft’s change of direction and embrace of the open source movement,” Stack Overflow added at the time. “As front-end web and Node.JS codebases grow in size and complexity, adopting TypeScript’s static typing gives developers increased confidence in their code’s correctness.”

TypeScript recently hit version 4.0, with new features including labeled tuple elements, speed improvements, and custom JSX factories. While none of the features in the latest version are “huge,” they do contribute to the language’s stability, potentially making it even more enticing for developers to utilize it.

How will TypeScript’s rise impact JavaScript usage? Given JavaScript’s massive legacy codebase and popularity, it seems unlikely that anything will significantly impact it anytime soon. But if you’re interested in anything JavaScript-related, you should add TypeScript to your learning schedule.

https://insights.dice.com/2021/10/25/which-programming-language-will-grow-most-over-the-next-two-years/…