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Automated Test Equipment (ATE) Market to Show Modest CAGR of 2.88% from 2012-2018

Automated Test Equipment (ATE) is an apparatus that uses automation to perform test on various units under test (UUTs) or devices under test (DUTs) to perform measurement and quickly evaluate the results. An ATE ranges from a simple digital multimeter to complex test instruments. ATE is capable of automatically diagnosing and testing faults in wafer testing, integrated circuits, system on chips and electronic packaged parts. ATE is extensively used in electronic manufacturing industry in order to test systems and electronic components for defects throughout the manufacturing process to ensure that end product functions correctly.

Integrated circuits on a wafer have to be tested prior to die preparation and this makes automated test equipment extremely vital for semiconductor manufacturing. The success of tablets, PDAs has created a demand of greater functionality in terms of higher speeds, performance, and pin counts in products. The world semiconductor ATE market is expected to see a growth driven by the demand for system-on-chip (SoC) products in smart phones, communication devices and consumer electronic products.

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The key objective of Automated Test Equipment (ATE) is to swiftly find the defects in a DUT and confirm whether a device under test (DUT) works correctly. This method saves manufacturing costs and helps prevent faulty devices to enter the market. ATE is used for a group of DUTs, with different testing procedures. Authenticity in all testing is that testing fails and DUT fails the evaluation once the first out-of-tolerance value is detected.

The key factors driving the demand for ATE include increase in the production of semiconductor devices, increase in the complexity and required performance level of semiconductors used in consumer electronic products and the emergence of next generation devices and technologies associated with these devices. The rapid transition to a 28 nm node application processor manufacturing process will fuel the demand for IC testing equipment, which in turn will drive the growth of the ATE.

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This report categorizes the global ATE market on the basis of the type of test equipment and the end user segments. On the basis of the type of test equipment the market is classified into memory semiconductor ATE, non-memory semiconductor ATE and discrete ATE. The end user segments included in this report are IT & Telecommunication, Consumer Electronics, Automotive Electronics, Defense and others. The “Others” end user segment includes the industrial and healthcare sectors. The global ATE market has also been analyzed on the basis of key geographies, namely, North America, Europe, Middle East and Africa (EMEA), Asia Pacific and Rest of the World.

The research report titled “Automated Test Equipment (ATE) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 – 2018” provides detailed analysis of global market for the period 2012 to 2018 and helps in understanding the driving forces and prevailing trends in the market. The ATE market is segmented based on its product types, end user applications, and major geographical regions. The report provides market size and forecast for market segments.

Competitive profiling of key industry participants, their market positioning, business strategies adopted by them, and various recent developments is included in the scope of study. Porter‘s five forces analysis further highlights competitive scenarios across different levels of supply chain.

The major players in the global ATE market include Advantest, Teradyne, Inc. and LTX-Credence and together account for more than 85% of the market. These companies have been focused on mergers and acquisitions for the last couple of years. Apart from this, companies have also invested significantly in the development and introduction of new products in the market. An in-depth competitive analysis of the market players involved is also provided in the report. The company profiles include a company overview, financial overview, product portfolio, SWOT analysis and strategies & developments. The in-depth research and high level analysis will allow ATE manufacturers and research and development agencies to make informed decisions about manufacturing, designing, and marketing of Automated Test Equipment and deciding the growth strategies for gaining competitive advantage.

Passive Optical Components Market at 21.1%CAGR Through 2020

Global passive optical components market was valued at USD 10.01 billion in 2013, growing at a CAGR of 21.1% from 2014 to 2020. Passive components are the foundation stone of optical network systems. Most of these components such as optical cables, optical power splitters, optical couplers, optical encoders, optical connectors, patch cords and pigtails, optical amplifiers, fixed and variable attenuators, optical transceivers, optical circulators, optical filters, wavelength division multiplexers/de-multiplexers and others can now be found in use in the current data networks and FTTH applications.

In addition, these components are also widely used in applications such as interoffice, fiber in the loop (FITL), loop feeder, synchronous optical network (SONET), hybrid fiber-coaxial cable (HFC) and synchronous digital hierarchy (SDH) systems. The key players in this market are continually focusing on designing, developing and manufacturing of innovative and customized solutions that comply with international standards and meet the ever increasing demands of passive optical networks (PON) for the highest optical and mechanical specifications. 

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The wavelength division multiplexers/de-multiplexers leads the components market share in the year 2013. Furthermore, patch cords and pigtails trailed the wavelength division multiplexers/de-multiplexers in the year 2013 by accounting for 12.73% of the global market share. Their market is driven by the emergence of ultra-high-capacity optical networks, wherein these components are primarily used. The optical amplifiers and optical attenuators market were analyzed to grow at a CAGR of 22.0% and 21.8%, respectively, owing to the insatiable demand for communication bandwidth of the internet and growth in fiberoptic technologies at an unprecedented pace.

The SONET and SDH application segments lead the global passive optical components applications market share in the year 2013, owing to their ability to transfer multiple digital bit streams over optical fiber using light-emitting diodes or lasers. SONET equipment is generally used in North America whereas SDH equipment is generally accepted everywhere else in the world. Thus, the SONET and SDH applications segments are expected to grow at a CAGR of 22.8% and 22.7%, respectively, and are expected to continue their dominance over the forecast period of 2014 to 2020.

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The rising growth in networking technologies in the Asia-Pacific and Rest of the World regions coupled with rising fiber deployments as well as increased investments in technological advancements and research infrastructure across both the regions is propelling the passive optical components market growth. Hence, the dominance of Asia-Pacific in the passive optical components market is expected to continue over the forecast period, followed by North America and Europe.

Automotive Cyber security Market by Industry chain,manufacturing process, cost structure by 2025

 With autonomous vehicles and connected cars around the corner and the transformation of transportation, one of the biggest that the automotive industry would face is vehicle cyber attacks. The various electrical components in a vehicle are connected by means of an internal network and if hackers gain access to a peripheral electronic control unit, they could take complete control of safety critical components such as engines or brakes. Further, there could also be concerning issues regarding the security of intelligent security systems that communicate with the automobiles. Thus, with the growing popularity of connected vehicles, the auto-makers are working in collaboration with internet service providers and software companies to offer cyber security systems to the users.

The need for cyber security in the automotive industry is steadily increasing and this can be attributed to the increasing threat of cyber attacks in the transportation and automotive systems. The global automotive cyber security market is being strongly driven by the increasing connectivity of vehicles and the growing need for security in the connected cars ecosystem. The increasing integration of advanced features and rising adoption of telematics services in automobiles are also strongly boosting the growth of the global automotive cyber security market.

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The global automotive cyber security market can be segmented on the basis of security type, solution type, application area, vehicle type and region. Based on security type the global market can be segmented into network security, application security, endpoint security and wireless security and cloud security. Network security market is expected to hold the highest share of the global market. Network communication is one of the primary reasons for malicious activities found in connected cars, where a hacking can take place easily because of a third party communication access in a connected car. Network security comprises products and services which are used to identify and prevent cyber threats in an automotive computer environment, thus ensuring a protected network via restricted device management accessibility to vehicle terminal, authorized services, protocols and management ports. By solution type, the automotive cyber security market can be segregated into software based, hardware base, integration and professional service. The market can also be classified on the basis of application area into telematics, infotainment, OBD, safety, communication, powertrain and others. On-board diagnostics or OBD is anticipated to witness the fastest growth during the forecast period, as these ports offer direct access to the internal, most sensitive and critical systems in an automobile. Additionally, the market can be bifurcated by vehicle type into passenger vehicles and commercial vehicles. The global automotive cyber security market can be further classified geographically into North America, Europe, Asia Pacific, South America and Middle East and Africa. North America is expected to acquire the largest share of the global market during the forecast period. The increase in demand for cars in this region, owing to the convergence of the ICT and automotive sector has resulted in the emergence of the connected car ecosystem. The need for cyber security thus is set to rise steadily driven by the increasing adoption of connected cars in North America.

The global automotive cyber security market report provides the market share analysis of the key industry participants operating in the industry. The global market comprises a considerable number of eminent auto-makers. These players have been exhaustively profiled and their business overview, financial overview, business strategies and recent developments have been covered under the purview of the report. Some of the major players operating in the global automotive cyber security market include Infineon Technologies AG, Argus Cyber Security, Intel Corporation, Trillium Inc., Harman International Industries, Inc., Delphi Automotive PLC, Lear Corporation, SBD Automotive & Ncc Group, Arilou Technologies, Karamba Security and ESCRYPT GmbH among others.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

MRO Software Market in Aviation by Key Players, Solution, Deployment, End User and Region – Global Forecast to 2022

Box Gauge Market Drivers, Volume and Forecast by 2017-2025

Box Gauge Market: Overview

This is a technology dominated era. The technological advancements demands precision measuring devices. One such device is a gauge. By definition a gauge can be described as a device for measuring a physical quantity e.g. diameter of materials, pressure of flow, thickness, gap in space etc. Box gauge is a type of gauge that is generally used for measuring thickness. It is widely used in various precise measurement for different hardware / parts in industrial realm; one of its important application is to monitor the level of thickness-decreasing during operation of various and pressure container. Diffusely applied in manufacture fields, metal processing, and commercial inspection. The material that conduct and reflect constant sonic velocity, this product is to be applicable to used. Gauge box is a ceramic or metal box that has been grounded and lapped to a specific thickness. Long series of box of cross section 35 x 90 mm, made from high quality steel having holes for clamping two slips together. Gauge box is also made of carbon steel where hardness is important because it slows down the rate of wear during use. The box gauge kept very lightly oiled, and are stored and used in dry climate-controlled conditions; un-plated, uncoated steel gauge blocks can last for decades without rusting.

Box Gauge Market: Dynamics

The box gauge market is primarily driven by growing industrialization worldwide. With technological advancements the need for precision measurements has augmented. Box Gauge is a very precise instrument with high accuracy. Also, compact size and multi functionality drives the global box gauge market further. Box gauges also offer some benefits over panel gauge.

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The dampener block assembly is located on the top of the gauge in box gauge. Being close the gauge the damper controls fluctuations in the assembly effectively, providing the user more accurate measurements.

Geographically, the global box gauge market is designed for seven regions namely, North-America, Western Europe, Asia Pacific except Japan (APEJ), Eastern Europe, Latin America, the Middle East & Africa and Japan. Currently, Europe being the largest manufacturer of box gauge holds the largest share in the global market. Due to mass industrialization and demand for precise measurements, North America is not far behind. Rising industries in APEJ have also created opportunities for box gauge market in the region. As of now the market in MEA is not very significant, but is expected to show considerable growth in the nearing future. The overall outlook for the global box gauge market is positive.

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Key manufacturers Box Gauge are focusing in product development including enabling wider industrial applications with the help of their R&D department. The leading market players are focusing on digitizing the box gauge. Giants like ABB Group, Shenzhen Jumaoyuan Science & Technology Co., Ltd have already made its digital box gauge popular in the market, with other players catching up. The global market is likely to witness further more box gauge developments along with growing demand, triggering the market growth during the forecast period.

Lasers In Semiconductor Market Estimated To Cross (Revenues) By 2025

Semiconductor lasers are made by semiconductor compound. Light amplification is being done by using active semiconductor materials in these lasers. Semiconductor lasers are rapidly becoming essential part of modern lasers based systems and replacing conventional lasers in range of applications. Semiconductor manufacturing relies on laser techniques for a range of applications.  This ranges from marking of wafers and marking and separating of completed components to defect analysis. Laser technology adds a value to the development cycle due to diverse features such as laser can cut, drill, bond, pattern, and measure. In modern era there are variety of laser technology which are being integrated into major semiconductor process, including laser drilling, cutting, welding/bonding, marking, measurement, driven by motherboards. They are being used in the processing of semiconductor devices, IC packaging applications and flexible and HDI PCBs.

The preference over other light sources and the surging demand for multiple applications can be the substantial growth prospect of the global market. The features like compact size and low cost of semiconductor lasers makes them an ideal choice for small electronic and optical storage devices such as CD, DVDs. The use of lasers in semiconductor manufacturing has witnessed the escalating M&A activities among the laser diode production with the target of enriching the portfolio with high-power and proficient lasers at low cost. The launch of 3D printers has marked the emergence of another revolution in the architecture and healthcare era by enabling enhanced 3D prototyping in the architectural and maritime segments along with the fabrication of prosthetic limbs and several other life-sciences applications. The initiative taken by surging government to the development of 3D printing for healthcare industry, thereby increasing demand of organ transplantation and shortage of donated organs are some of the factors responsible for the growth of 3D printing market and consecutively, the semiconductor laser market demand.

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Technology advancements, improved edge quality and operating speeds, lesser operating costs are expected to open a wide scope for the use of laser in semiconductor industry.

Global semiconductor laser market can be segmented on the basis of laser types, applications and regions. Based on laser types the market can be bifurcated into Blue laser, Compact disc laser, Red laser, Vertical cavity surface emitting laser, Fiber optic laser, High power diode laser, Violet laser and Green laser. From the commercial aspect the laser type with the dominance on global market are Fiber optic and high power diode. Based on application semiconductor laser market is diversified into Sensor, Healthcare, Lithography, R&D and Defense, Display, Printing and communication. Out of all these application communication segment is anticipated to dominate the global market. Region wise, the semiconductor laser market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa and South America. The Asia Pacific reason is expected to dominate the industry owing to the increasing demand for the laser-based technologies, semiconductor laser diodes and solicitations.

The collaborations to achieve advanced technology licenses have evolved as a major trend amongst the manufacturers that directly affects the sales generated along with the overall goodwill generated.

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The global laser market is characterized by the existence of well-diversified international, regional and local vendors who are competing on the basis of product innovation, cost, service and support and performance. The small vendors which cannot compete using these strategies are adopting product differentiation strategies to compete with big players in the industry. The vendors are acquiring technology patents for the development of proprietary and innovative products. As per customer requirement they are providing customized laser products to build strong collaborative customer. The key industry participants include TRUMPF, Coherent Inc., Newport Corporation, SHARP CORPORATION, IPG Photonics Corporation, Axcel Photonics, Inc., ASML, Sumitomo Electric Industries, Ltd. etc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Technical Illustration Software Market to Reach US$ 4,935.7 Mn by 2026

Global Technical Illustration Software Market – Snapshot

The global technical illustration software market is expected to reach US$4,935.7 Mn by 2026, expanding at a CAGR of 4.7% from 2018 to 2026. North America held a prominent share of the technical illustration software market in 2017 and is projected to be at the forefront of global demand. The market in the region is expected to expand at a significant CAGR OF 4.4% during the forecast period, 2018-2026.

Technical illustration software is used for design and illustration purposes. The software helps designers to draw 2D as well as 3D designs. Technical illustration software is a part of Product Lifecycle Management (PLM). Vendors operating in this market either provide standalone illustration software or offer illustration software as a part of CAD and PLM software. Technical illustration software help designers and illustrators to efficiently draw and design products for prototyping purposes.

The technical illustration software market is segmented on the basis of component, technology, and end-user. Based on component, the market is divided into software and services. In 2017, software occupied the largest share in the overall market. Illustration software is easy to use and deploy; therefore, services like support/training and maintenance are usually required with specific software. This in turn means that vendors operating in this market earn revenue largely from software sales or software subscription.

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The software segment is further bifurcated into on premise and cloud based.  In 2017, on premise technical illustration software occupied the largest share in the market. However, it is expected that during the forecast period, cloud-based deployment model will gain traction among end-users. On the basis of services, the market is categorized into implementation, support & maintenance, and consulting services. In 2017, support & maintenance services occupied the largest share. Some illustration software requires support services, particularly training. Booklets and guide materials are provided by illustration software vendors to help designers and illustrators.

In terms of technology, the technical illustration software market is categorized into 2D and 3D technology. In 2017, 3D based technology occupied the largest share in the overall market. 3D based technology is expected to continue its dominance during the forecast period as well. The reason for the same is growing demand for 3D based illustration among designers and illustrators across the globe.

Based on end-user, the market is divided into aerospace and defense, healthcare, energy & power, manufacturing, automotive, transportation, and others. The others subsegment includes media and entertainment and third party technical illustration service providers. In 2017, manufacturing and automotive were the largest end-user segments in the technical illustration software market.

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On the basis of region, the market is divided into North America, Europe, AsiaPacific, South America and Middle East & Africa. In 2017, North America was the largest market for technical illustration software. Europe and Asia Pacific are expected to witness significant growth during the forecast period due to new project initiations every year, particularly in the manufacturing and automotive sector. Moreover, many independent illustrators and designers are working as freelancers in these regions, giving a further push to the market.

Major players operating in the global technical illustration software market include Autodesk Inc. Dassault Systemes , PTC Inc., Canvas GFX, Inc., Corel Corporation, Siemens Product Lifecycle Management Software Inc., QuadriSpace Corporation, Auto-Trol Technology Corporation, and Cyient. These players are focusing on acquisitions and new strategic collaborations in order to increase their market share in the global technical illustration software market.

Hair Care Market to Earn US$105.3 Bn by 2024

Hair care has gained importance over the past few decades. Innovation has introduced a wide range of variety in the existing products escalating demand in the global hair care market. Overall, the market has been growing at an exceptional rate in the past few years and is expected to maintain the pace in the future too. Several factors drive demand in the global hair care market. Increasing hair related diseases due to pollution and other external factors, varying requirement from different populations, scientific research discovering new products, etc., add to the growth of the global hair care market.

According to analysts, the global hair care market was valued at US$ 81.3 bn in 2015, and is projected to expand at a steady 3% CAGR between 2016 and 2024. The market is expected to reach US$ 105.3 bn by the end of 2024. Introduction of new-age products that attract the eyes of youngsters and unique marketing techniques are garnering demand in the global hair care market. Further, brands will be looking at exploring new avenues in different geographies to stay ahead in the market.

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Shampoos and Hair Colors to Lead the Global Hair Care Market

Based on the type of products, the global hair care market is divided into shampoo, hair color, conditioner, hair styling products, and hair oil. Of this, the shampoo segment is expected to hold 30.9% share of the global hair care market. This is mainly due to the innovation in products introduced by the several players in the market.

With the rising pollution levels, people are frequently considering washing their hair. Doctors too recommend periodical hair wash in order to maintain freshness and prevent hair diseases. At the same time, many youth are facing issues with hair loss, dandruff, and other scalp related problems. Players in the global hair care market have introduced shampoos that address these problems, thus aggravating demand in the global hair care market.

On the other hand, hair colors are another type of product that will have one of the highest share in the global hair care market. The increasing interests among people in improving their appearance and maintaining healthy hair has increased consumption of hair color products.

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Asia Pacific is expected to lead the global hair care market in the coming years. In 2016, the region held 33.12% of the total share in the market. The ever increasing population, higher per capita income in developing countries like India and China, and awareness about hair care are promoting growth here. In past few years, many companies have launched their products in Asia Pacific region and have gained momentum too.

Meanwhile, North America and Europe will continue to remain prominent in the global hair care market. High levels of awareness regarding personal hygiene, availability of a wide range of products, developed economies are some factors that propel growth in these regions.

Some of the key players in the global hair care market are Procter & Gamble, Avon Products, L’Oréal S A, Unilever Inc., and Neutrogena Corporation.

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