Flexible Display Technology Market Analysis, Trends, Size, Growth and Forecast to 2027

Market Insight

The Flexible Display Technology Market Analysis is growing rapidly over 21% of CAGR and is expected to reach at USD ~36 billion by the end of forecast period. Development of display technology has paved the way for the development of flexible displays in the current time. Market focused reports connected to the semiconductor sector among others have been made accessible by Market Research Future, which publishes reports.

Display technology has modified from traditional cathode ray tube (CRT) displays to the latest flexible displays. These displays are thin, lighter in weight, rugged, have a high resolution which can be easily folded or rolled in any direction. The market for flexible displays serves new opportunities for the display manufacturers to introduce new display features in various devices such as mobiles, laptops, wearables, digital signage and display panels of vehicles.

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Market Drivers & Trends

The increasing demand for electronic products and advancements in display technology are the major driving forces for the growth of flexible display technology market. The manufacturers are continually building flexible displays for smartphones and other devices to boost customer satisfaction. With this, the demand for connected and autonomous vehicles is on the rise which requires a presentation for navigation and infotainment services.

Furthermore, with the dawn of the concept of smart city, digital signage systems are being widely adopted for various mediums such as advertising, map displays and other purposes, which is yet another expected factors to lift the demand for flexible display technology.

On the flip side, factor such as complex manufacturing process of flexible displays can be one of the significant factors obstructing the market growth.

Global Flexible Display Technology Market: Segmental Analysis

Segmental analysis of the Flexible Display Technology Market Analysis has been conducted based on technology, display type, material, end-user, application and display size.

On the basis of technology, the market has been segmented into organic light emitting diode (OLED), liquid crystal display (LCD), quantum dot and electronic paper display. On the basis of display type, the market is segmented into foldable, rollable and bendable. Based on material, the market has been segmented into glass-reinforced plastic (GRP), glass and polymer. Based on end-user, the market is segmented into aerospace, automotive, transportation, retail, government, utilities and others. Based on application, the market has been segmented into tablet, smartcard, wearable displays, e-reader, smartphones, electronic shelf label, laptop, digital signage, TV and others. On the basis of size, the market has been segmented into above 30’’, 6 – 30’’, and up to 6’’.

Key Players

The prominent players in Flexible Display Technology Market are Samsung (South Korea), LG Display Co., Ltd (South Korea), Sony Corporation (Japan), Atmel Corporation (US), Kent Displays Inc. (US), Universal Display Corporation (US), Novaled AG (Germany), Dupont Display (US), Corning Inc. (US) and Philips Electronics (Netherlands).

Other players include Materion Corporation (US), AU Optronics Corporation (Taiwan), E Ink Holdings Inc. (Taiwan), Innolux Corporation (Taiwan), and Visionox Company (China) among others.

Global Flexible Display Technology Market: Regional Analysis

The market has been covered across North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA) and Latin America. The flexible display technology market in North America is projected to witness a healthy growth during the forecast period. The display technology sector has witnessed significant growth in countries such as Canada, the U.S. and Mexico. Several leading display technology manufacturers are based in North America, which puts the region in a favourable position. Moreover, presence of a massive electronics market, makes North America an attractive investment destination for market players. Display-based consumer electronics products such as mobile phones and laptops are witnessing a strong penetration the region. Manufacturers are investing heavily in R&D to drive innovation. Electronic companies are focusing on flexible display technologies as it is viewed as the next frontier for innovation in display. APAC is another high-growth, which is increasingly being explored by market players. The untapped markets in the region remain an attractive prospect for electronics companies, this in turn is expected to reflect favourably on the APAC flexible display technology market.

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Intended Audience:

• Associations, Organizations, Forums, And Alliances
• Government Bodies and Departments
• Original Equipment Manufacturers
• Display Material Providers
• Original Device Manufacturers
• Technical Universities
• Service Providers
• Research and Development Companies
• Market Research and Consulting Firms
• Technology Standards Organizations
• Technology Investors

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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RF Component Market Size, Share, Trends, Business Strategies, Revenue, Leading Players, Opportunities and Forecast 2027

Market Scenario

The use of RF components is increasing substantially due to Market reports linked to the semiconductors and electronics industry have been made available by Market Research Future which creates reports on other industry verticals that summaries the current market scenarios. The Radio Frequency Component Market is anticipated to increase worth to USD 16 Billion while development at an estimated CAGR of 16% in the forecast period.

The ability of radio frequency components to offer miniaturization, high switching rate, reliability, reciprocity, and weight reduction is increasing the market development pace. The rise in the level of communication devices globally is also an incentive factor driving the overall growth of the market. The capability of incorporation of these components in very small devices is expected to increase the market’s growth curve. The fast pace of technological advancements in wireless communication is anticipated to transform the radio frequency components market in the upcoming period.

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Key Players 

MRFR identified well-established players of the radio frequency component global market. They are; Murata Manufacturing Co., Ltd. (Japan), Qorvo Inc. (U.S.), Skyworks Solutions, Inc. (U.S.), Tsinghua Unigroup (China), Vectron International, Inc. (U.S.), Broadcom Limited (U.S.), WIN Semiconductors Corp. (Taiwan), Danaher Corp. (U.S.), and Mitsubishi Electric Corporation (Japan) among others. The expansion of the radio frequency component market can be credited to the perseverance of potential new entrants. The flourishing e-commerce business and the large scale adoption of wireless connectivity solutions are creating several growth prospects for new business enthusiasts. Top-notch tech companies are invested in developing better communication solutions and start-ups are adopting active strategies to earn revenue with the assistance of disruptive solutions. Thus, the transformation in the competitive landscape of technology, telecom, IT, and e-commerce can favor the worldwide radio frequency component global market.

Segmental Analysis

The study of the global RF Component Market is based on components, material, and end-users.

The component-based segments of the radio frequency global market are antenna switches, filters, duplexer, amplifiers, and modulators & demodulators. 

The material-based segments of the radio frequency component market are nitride, indium phosphide, silicon, gallium arsenide, and others. 

The end users based segments of the radio frequency component market are consumer electronics, automotive, telecommunication, and military among others.

Detailed Regional Analysis 

North America to head the global Radio Frequency Components Industry in the review period. The regions houses tech-savvy people and their inclination towards convenient lifestyle is drawing the need for radio frequency component in different sectors, the telecom sector being the highly influenced. The US to be at the forefront of the regional market growth curve, In Asia Pacific, telecos are dedicatedly invested in establishing sustainable infrastructure for 5G connectivity. This can cause the global radio frequency component market to surge. Following the expansion of the IT and telecom sector in China, South Korea, and India are likely to improve the impetus of APAC radio frequency component market. The high purchase power and the presence of demographic determiner can entail the regional market rise across the review period. Europe, the region with high research potential and a large number population drawn towards consumer electronics with seamless connectivity features can boost the growth of the radio frequency market. EU RF component market can thrive due to high use of electronic devices for industrial, commercial, and residential purposes.

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Robotic Vision Technologies Market Key Leaders, Emerging Technology, Competitive Landscape by Regional Forecast to 2027

According to Market Research Future (MRFR), the global Robotic Vision Technologies Market is projected to garner substantial accruals by 2023, growing at an impressive CAGR during the forecast period (2018 – 2023).  The recent shift in focus towards the customized mass production positively impacts the market growth. Upgrades in machine learning and deep learning technologies for improved image processing are offering opportunities for the development of the market. 

Increasing demand for automated industrial processes from various sectors further drives the growth of the global robotic vision market. Increase in investments by production and manufacturing companies in research and development of robotic vision technologies scale up the development of the market. Additionally, the rise in demand for improved quality, safety, and efficiency of industrial automated process influence the global robotic vision market share. 

Moreover, increased flexibility and rapid deployment of robotic vision in industrial production lines are some other factors pushing the growth of the market. Furthermore, the increasing adoption of cognitive humanoid robots for various applications boosts the global robotic vision market. Conversely, compatibility issues, and low adoption of robotic vision in small-scale enterprises are the major factors expected to impede the market growth.

Major Players: 

Players leading the global Robotic Vision Technologies Market include Yaskawa Electric Corporation (Japan), FANUC Corporation (Japan), OMRON Corporation (Japan), Cognex Corporation (U.S), KUKA AG (Germany), ABB Group (Switzerland), Keyence Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), SICK AG (Germany), and Basler AG (Germany), among others.

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Increasing demand for automated industrial processes from various sectors further drives the growth of the global robotic vision market. Increase in investments by production and manufacturing companies in research and development of robotic vision technologies scale up the development of the market. Additionally, the rise in demand for improved quality, safety, and efficiency of industrial automated process influence the global robotic vision market share. 

Moreover, increased flexibility and rapid deployment of robotic vision in industrial production lines are some other factors pushing the growth of the market. Furthermore, the increasing adoption of cognitive humanoid robots for various applications boosts the global robotic vision market. Conversely, compatibility issues, and low adoption of robotic vision in small-scale enterprises are the major factors expected to impede the market growth. 

Global Robotic Vision Market   - Segmentation

The report is segmented into five dynamics;

By Component: Hardware (cameras, optics, filters, lenses, sensors, others) and software (tracking, image processing, others).

By Technology: 2D and 3D.

By Application:        Material Handling, Welding, Load/Unload, Bin Picking, Assembly, Processing, Washing, Painting, Inspection & Testing, Assisted Living, and others.

By Vertical    : Automotive, Aerospace, EMS (electronic manufacturing services), Food & Beverages, Rubber& Plastics, Precision Engineering & Optics, Pharmaceuticals & Cosmetics, Consumer, Military, Healthcare, and others.

By Regions:  Europe, North America, Asia Pacific, and Rest-of-the-World.

Global Robotic Vision Market   - Regional Analysis

 The Asia Pacific region dominates the global robotic vision market. The leading market share attributes to the growing industrialization in countries like India and China. Besides, the rising adoption of automation in quality control and material handling applications drives the growth of the regional market. 

Moreover, significant advances in robotics, alongside the massive uptake of automation in the burgeoning automotive sector, foster the growth in the regional market. Also, increased R&D investments led by the rapid economic growth in the region, and advanced automotive robotic technology propel the regional market. The APAC robotic vision market is projected to retain its dominance throughout the forecast period. 

North America accounts for the second-largest share in the global robotic vision market. The region is a hub for and has state-of-the-art development centers, allowing the ease of designing, programming, and implementation of advanced robotics. Additionally, the market growth is driven by substantial investments by companies in the development of machine learning and deep learning technologies for image processing.

Furthermore, the rising adoption of automation in the food and beverage industry boosts the growth of the robotic vision market in the region. Moreover, the presence of a well-established automotive sector and a number of automakers who strive to improve automation in their manufacturing processes positively impact the growth of the regional market.   

The Europe robotic vision market has emerged as a promising market globally. Factors such as the strong presence of auto manufacturers and the need for automated vehicle manufacturing processes influence the regional market growth. Besides, increasing R&D activities to develop robotics are other factors acting as tailwinds for the growth of the regional market. Germany, heading with both a flourishing automotive sector and the availability of futuristic technologies, lead the regional market. 

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Industry/ Innovation/ Related News

October 08, 2020 ----- Omron Corporation (Japan), an electronics industrial automation company, launched the world’s first robotic integrated controller – NJ501-R. New fully automated production system offers real-time synchronization between all automation equipment, including robots, vision components, drives, and safety equipment. 

With the integrated controller, it would be possible to automate advanced and complex manual work, simulate the design & modification of production facilities in a virtual environment, and conduct maintenance remotely. 

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Acoustic Microscope Market Manufacturers, Analysis, Growth, Share, Market Trends, Forecast to 2027 | Impact of COVID-19

Market Synopsis

The global Acoustic Microscope Market is slated to generate a market value of USD 1 billion by 2023, expanding at a 9% CAGR during the forecast period 2018-2023.  

Market highlights

The main factors driving the growth of the acoustic microscope market are the growing demand for research and development in micro and nanotechnology. Acoustic microscopes have a wide variety of use in medicine and microelectronics. SAM technology is trend in industry at the moment. This system has unique features, such as being able to display specimen without any damage. The focusing aspect plays a major role because even though it's inside the water, beam will search the sample. Besides, capturing image even at a deeper layer, perfect measurement, all this factor drive consumer demand for the acoustic microscope industry. The key factors driving the growth of the acoustic microscopy market are safety regulations introduced by governments and international bodies, the development of diverse end-use industries and increased funding for R&D in microscopy. Growing adoption of acoustic technology is driving the growth of the acoustic microscopy market by increasing the number of manufacturing firms for product error detection and quality checks. The demand for acoustic microscopy has seen a significant increase with the increase in the number of end-use industries and high investment in R&D.

Key players

The Acoustic Microscope Market Manufacturers are Nikon Corporation (Japan), Applied Materials, Inc. (US), Danaher Corporation (UK), Carl Zeiss (Germany), FEI Co. (US), Hitachi High Technologies Corporation (Japan), Bruker Optics Inc. (US), JEOL Ltd. (Japan), Leica Microsystems (Germany) and Olympus Corporation (Japan) among others.

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This device's in-depth magnification and high-resolution capabilities can be used to study various structures and damages in computer components in different industries. Even the increasing demand for application in the medical, semiconductor and aerospace industries creates lucrative opportunities for this market's manufactures.

Additionally, government support and its investments in R&D activities and growing advances in microscope technology lead to the adoption of acoustic microscope. High investment costs, however, hamper the growth of acoustic microscopes in the market. The main challenge facing the demand for acoustic microscopes is the lack of professional staff required to operate the acoustic microscope efficiently. You can overcome this challenge by conducting training sessions to train the unskilled personnel.

Segmentation

By type, the market is segmented into scanning acoustic microscope (SAM), confocal scanning acoustic microscope (CSAM), C-mode scanning acoustic microscope, scanning laser acoustic microscope (SLAM).

The Acoustic Microscope Market Analysis is segmented by application into non-destructive testing, fault analysis, quality control / product reliability testing, others (false detection and process validation). In the forecast period, the Non-Destructive Testing (NDT) market in the application segment is expected to develop at the highest CAGR due to increased knowledge of non-destructive industrial test methods and their benefits, such as increased equipment life and improved engendering performance.

By industry, the market is segmented into semiconductor & electronics, automotive, material science, life science, medical, and among others.

By region, the market is segmented into North America, Asia-Pacific, Europe, and the rest of the world.

Regional analysis

It is expected that the global demand for acoustic microscope will rise at a significant rate during the 2018-2023 forecast period. Acoustic microscope market geographic analysis is being studied for North America, Europe , Asia-Pacific and the rest of the world.

North America is expected to dominate the acoustic microscope industry, owing to increased government spending in research and development that includes acoustic microscopes. In addition, developments in the medical field are expected to increase the adoption of acoustic microscopes in the North America region.

Due to a large number of semiconductor and electronics companies located in this area that use the acoustic microscope for quality assurance and failure analysis, Asia-Pacific is expected to be the fastest growing market for acoustic microscopes.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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SoC Market Size, Share, Growth Factors, Competitive Landscape and Forecast to 2027 | Impact of COVID-19

Market Synopsis

The System-On-Chip Market 2020 is all set to jump from the valuation of USD 131.83 billion it reached in 2017 to touch USD 207.21 billion by 2023, affirms Market Research Future (MRFR). MRFR anticipates that the global market can procure a CAGR of 8.3% from 2018 to 2023 (review period). We will provide COVID-19 impact analysis with the report, offering detailed market developments following the coronavirus disease outbreak. 

Top Market Competitors 

The top market competitors covered in the study are Taiwan Semiconductor Manufacturing Company Limited, NXP Semiconductors N.V., Apple Inc, Broadcom Limited, MediaTek Inc, STMicroelectronics N.V., Qualcomm Incorporated, Samsung Electronics Ltd, Toshiba Corporation, Intel Corporation, and more.

Some other leading contenders in the market are Microchip Technology Inc, ON Semiconductor, Infineon Technologies, Maxim Integrated Products Inc, Texas Instruments, to name a few.

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Main Drivers and Key Challenges 

With the world taking shelter inside their homes since the COVID-19 outbreak and the consequent lockdown, the semiconductor industry, especially the system on chip/SOC market has had to deal with fluctuating demand and supply ratio. SARS-CoV-2 has led to a dramatic drop in the sales of system on chips, given the rising need for essential items following the pandemic. On the bright side, with the novel coronavirus compelling people to remain and work from home, it is believed that the system on chip demand can increase in the following months. Advanced technologies such as AI, IoT, rising need for better internet connectivity, and surging use of affordable smart wireless sensors can also help the SOC market generate massive revenues in the near future.

The escalating demand for compact, power-efficient and smart electronic device coupled with the promising growth of IoT based technologies has benefitted the SoC Market to a large extent. The increasing need for scalable and compact ICs in the worldwide electronic industry can give rise to lucrative opportunities in the global market over the next couple of years. The market growth can also be bolstered by the accelerated application scope in diverse industries such as consumer electronics like smartphones, laptops and tablets. 

Furthermore, the SoC Market Size can garner widespread impetus backed by the growing innovations in the manufacturing processes and the soaring demand for lower priced silicon chips. The emergence of cost effective silicon chips has emerged as a huge opportunity for the renowned industry players, who are actively pursuing growth strategies such as product development and new launches in order to elevate their market position. 

For instance, in July 2020, Apple Silicon signed TSMC for developing high power Silicon system on chips for future Macs, since silicon is an extremely pure, cheap and easy to use semiconductor. TSMC has long been a prominent supplier of ARM chips for Apple and has successfully developed SoCs for their iPads as well as iPhones previously.

Market Segmentation 

Type and application are the main segments based on which which the system-on-chip (soc) market has been studied in the report.

The key types covered in the market study are digital signal, mixed signal and analog signal. 

The primary application areas highlighted in the report include healthcare, consumer electronics, automotive, telecommunication, and more.

Regional Insight 

The geographical distribution of the system-on-chip market comprises Europe, Asia Pacific/APAC, North America, and the rest of the world/RoW.

The world leader is expected to be APAC, as the SoC market in the region is expanding significantly on account of the high demand for top quality consumer electronics across India, China, Taiwan, Japan and South Korea. The favorable internet ecosystem in the region has also benefitted the market to a large degree, but with the COVID-19 outbreak, online businesses have gained even higher impetus. This has resulted in a highly lucrative market for SOC in the region.

North America can be a strong market for system-on-chip as the region observes high adoption rate of IoT-based technologies that are combined with electronic appliances. In addition, the growth in in trends like CYOD/choose your own device, WFH/work from home and BYOD/bring your own device has induced substantial growth in the SOC market.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Flash Memory Market Size, Segmentation, Competitive Landscape and Market Poised for Rapid Growth by 2027 | Impact of COVID-19

Overview

The global flash memory market spans across North America, Europe, Asia-Pacific, Middle East & Africa, Central & South America.

Flash memory technology enables a wide range of modern embedded non-volatile applications in Internet-of-Things (IoT) devices that require extremely low power consumption. Within the IT sector, flash memory provides code integrity to critical edge devices through authenticated commands, which enables firmware and software updates along with certificate generation for identity. The rapid technological development of new electronic devices using serial memory has increased the utility of data centers for various organizations. Such developments can increase the consumption of semiconductor components used in the data centers, which is likely to contribute to the overall adoption of serial memory-based equipment by end users globally. Moreover, the rising demand for IoT devices is giving rise to various opportunities for the players in the global Flash Memory Market Size. IoT is defined as an environment where the connectivity of computer and networks extend to different electronic devices, such as mobiles, computers, electric meters, televisions, and air conditioners. The IoT environment allows the devices to exchange, consume, and generate data with little human intervention. The development and increasing utilization of flash memory in small electronic devices such as sensors in IoT devices is one factor that is expected to increase the demand for flash.

Competitive Analysis

The key players of the global Flash Memory Market are Infineon Technologies AG, Intel Corporation, Micron Technology, Inc., SK HYNIX INC., KIOXIA Holdings Corporation, Microchip Technology, Inc., ON Semiconductor, Seagate Technology LLC, Transcend Information, Inc., Silicon Motion Technology Corsp., JMICRON Technology Corporation, VIA Technologies, INC., Realtek Semiconductor Corp., Marvell, Western Digital Corporation, Integrated Silicon Solution Inc., Phison Electronics Corporation,  and AMIC Technology Corporation among others.  

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In October 2018, Cypress Semiconductor Corporation, a subsidiary of Infineon Technologies AG launched 1.8V high-speed serial NOR flash memory. This provides high densities coupled with flexibility and fast performance required by a variety of mobile and embedded applications. 

In May 2018, Intel Corporation signed a contract with Micron Technology Inc. for production and shipment of the industry’s first 4bits/cell 3D NAND technology. These companies also announced the development of the third-generation 96-tier 3D NAND structure.

In February 2018, SK Hynix Inc. has completed the development of an enterprise SATA solid-state drive (eSSD) with the 72-layer storage 512Gb 3D NAND flash memory chip. This has helped the company fully enter the high value-added eSSD market. 

Segmental Analysis

The global Flash Memory Market Trends has been segmented based on Type, Component, Application, and region. 

Based on component, the global market has been segmented into Memory Chips, Flash Controller. The memory chips segment accounted for the largest market share in 2019; it is expected to register a CAGR of 5.07% during the forecast period. Flash memory chips are programmable chips that can be erased and reprogrammed in blocks instead of one byte. These chips are non-volatile and do not need a constant power supply to retain their data. Flash memory chips offer extremely fast access most of the time with low power consumption and are immune to shock or vibration. A flash controller is an important component of flash memory that helps in communicating with the host device, managing the flash file system directory. It provides an easy interface to access NAND flash memory devices. Flash memory also helps to correct the 1-bit error and detect 2-bit errors. 

By application, the market has been segmented Smartphone, Digital Camera, USB Flash Drives, Solid-State Drives, Tablet & Laptops, Gaming Consoles, Media Players, and Others. The smartphone segment accounted for the largest market share in 2019. The demand for smartphones has been growing at a tremendous rate in the past decade¸ due to the numerous features it offers to its users. Flash memories form an integral part of smartphones to store essential data without requiring power. Photography, both professional and personal, is among one of the most sought-after careers globally. And due to technological development in the sector, numerous digital cameras are now available in the global market. USB flash drives are removable, rewritable, and are very small in size, making it an efficient data storage device. USB flash drives are typically used for data storage, data transfer, and data backup. Solid-state drives are primarily used in computers to store data. They have been widely adopted in computers due to the numerous attributes of solid-state drives including shock resistance, silent operation, and quick access time. The demand for tablets & laptops has grown substantially in the last decade for both professional and personal use.

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By end-user, the market has been segmented enterprise, industrial, individual/personal. Individual/personal segment accounted for the largest market share in 2019. Companies are increasingly being dependent on flash drives for the storage of essential organizational data. Companies irrelevant of their size store data daily on flash drives for future use or reference. Industrial automation has been growing at a significant rate in the global market, and industries are increasingly being dependent on computers and related equipment for performing operations. Personal use of electronics and electrical equipment has grown significantly in the last decade. 

The global flash memory market, by region, has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. Asia-Pacific accounted for the largest market share of 35.78% in 2019; the market is expected to register the CAGR of 6.25% during the forecast period.  Asia-Pacific held the largest market size in 2019 and is expected to hold the largest market size during the forecast period. North America is a prominent region in the flash memory market owing to the increasing adoption of the Internet of Things (IoT) and the rising number of data centers. Moreover, North America is a significant contributor to the growth of global NAND and NOR flash market owing to the presence of key players such as Cypress Semiconductor Corporation, Micron Technology, Inc., and Integrated Silicon Solution Inc.  

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Indoor Farming Robots Market Analysis, Business Strategies, Emerging Technologies and Future Growth Study | Impact of COVID-19

The use of robots in farming is expected to rise as the human counterparts move towards other better-paying professions, spurring the indoor farming robots market 2020. The semiconductors and electronics industry reports are produced by Market Research Future, which highlights market options for expansion. A 22.53% CAGR is expected to guide the market to USD 358.5 Million by 2025.

Indoor Farming Robots Market – Competitive Analysis

Highly competitive, the Indoor Farming Robots Market Analysis appears fragmented due to the presence of several well-established players. To gain a larger competitive share, industry players adopt strategies, such as mergers & acquisitions, collaboration, expansion, and product/technology launch. They make substantial R&D investments to drive research and development of new technologies and cost-effective portfolios. Considerable investments go into expansion plans to increase global reach and to gain diverse expertise. 

Major Players: 

Players leading the Global indoor farming robots market are OnRobot(Denmark), Iron-Ox(US), Visser Horti Systems BV(Netherlands), Harvest Automation(US), FodderWorks(US), Root AI(US), FarmBot Inc.(US), Javo(Netherlands), and Metomotion(Israel), among others.

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Market Research Future (MRFR) asserts that the global indoor farming robots market is projected to grow USD 358.5 MN by 2025, registering 21.43% CAGR during the review period (2019 – 2025). Improvements in the manufacturing of robot arms and mechanical parts boost market sales. Increasing demand to increase the fruits & vegetables and grain production substantiate market growth. Also, decreasing arable land pushes market growth, driving the indoor planting demand. 

Additionally, increasing demand for indoor farm robots with 3D cameras that scan the module collect & analysis information fosters the growth of the market, improving specific operations. The coronavirus pandemic has led to a spike in interest and investment in farm robotics and automation due to the shortages of agricultural workers. Also, the UV technology's ability to kill viruses is garnering huge market prominence. 

Together with vertical farms, where vegetables and herbs grown indoors under LED lights, indoor robotics has also led to increase investments in the development of robotics. The rise in demand for sensors and processors that power machine learning and the algorithms behind the robots increase the size of the market, progressing rapidly over the past few years. Rising automation to improve farming operations efficiency increases the adoption of robotics. 

Conversely, the high cost of indoor farming robots and lack of regulatory uniformity are the key factors expected to impede market growth. Nevertheless, the increasing adoption of agro robots for surveillance would support market growth, giving rise to many opportunities. 

Indoor Farming Robots Market – Segments

The report is segmented into four dynamics; 

By Type         : Robot Gripper, Cutting Robot, Robotic Fodder, Material Handling Robot, Incubators, Monitoring Drones, and others. 

By Automation: Semi-Autonomous and Fully Autonomous.

By Application: Fruits & Vegetables, Floriculture, and others. 

By Regions    : Americas, Europe, APAC, and the Rest-of-the-World.

Global Indoor Farming Robots Market – Regional Analysis 

Europe dominates the global Indoor Farming Robotic Market. The largest market share attributes to the rising adoption of indoor farming robots to increase farm production. Besides, the growing food demand boosts the indoor farming robots market. Countries such as Germany, the UK, and France account for key market shares in the regional market. The European indoor farming robots market is estimated to retain its dominance throughout the projected period. 

The Asia Pacific region stands second in the indoor farming robots market. The market is driven by the proliferating trend of indoor plants and greenhouses. Additionally, the ever-increasing population encourages indoor farming robots, creating a significant demand for fruits and vegetables. Furthermore, the proliferation of hydroponics and vertical farming has uplifted the demand for indoor farming robots in the region. The APAC indoor farming robots market is anticipated to grow at a substantial CAGR during the assessment period. 

North America as emerged as a promising market for indoor farming robots. Factors such as the rising technological advances and the presence of many industry players and technology development centers increase the size of the market. Besides, spurring growth in the horticulture and aquaculture sectors influences the growth of the market. Moreover, prevailing hydroponic, aquaponic, and vertical farming trends boost the growth of indoor farming robots in the region.

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Industry/ Innovation/ Related News:

September 09, 2020 ---- Iron Ox, Inc. (the US), a leading global robotics farming company, announced the close of a USD 20 MN funding round to grow robotic greenhouse operations. The funding would be used to open additional robotic growing facilities in California and other parts of the US. The budget would also be used to hire additional machine learning and robotics experts and growers and scientists who work with plants.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Loudspeaker for Mobile Phone Market Estimated to Grow with a Healthy CAGR During Forecast Period 2022-2027 | Impact of COVID-19

The mobile phone loudspeakers are used to provide sound alerts for various types of alerts such as incoming calls, incoming messages, notification, as well as alarms. The loudspeakers are also used to reproduce voice calls loud, which allows users to deal with calls hands-free and to participate in conference calls. Loudspeaker For Mobile Phone Market is expected to grow 6.32 % of CAGR during the forecast period.

The loudspeaker is generally a small sound driver that is fitted within a mobile phone, which is used to produce sound. Since mobile phones have started doubling in recent years with portable music players, the users have begun using the built-in speakers for playback of music as well. While emphasizing on this new type of use of the mobile phone loudspeaker, manufacturers from all over the world have begun to equip their music or video-centric mobiles with more powerful loudspeakers along with a pair of loudspeakers for precise stereo reproduction and enhanced spatial effects.

The implementation of a loudspeaker can vary from various mobile models. In the case of point, in order to save space and make phones thinner, some of the giant manufacturers have disabled usage of a dedicated loudspeaker, but instead, use the earpiece speaker to produce sound alerts as well. One way or another, whether loudspeakers are used for fun, conference calls, or just for everyday ringing, there is one single thing that comes up as necessary which is ‘loudness.’

Top Players 

Top companies in the global market for mobile phone loudspeaker include Fortune Grand Technology Inc. (Taiwan), Changzhou Su Yang Electronics Co., Ltd. (China), Dain, Inc. (China), BSE Co., Ltd (South Korea), BeStar Electronics Co., Ltd (China), Gettop Acoustic Co., Ltd. (China), EM-Tech.CO., LTD (South Korea), CUI Inc. (US), Regal Electronics, Inc. (US), to name a few.

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Considering the long-term impact of COVID-19, governments are striving to handle the situation by implementing favorable initiatives as well as policies such as financial packages, lower interest rate and exceptions in tax. The work from home strategies have become the latest norm among companies coupled with the rising trend of the BYOD policies, which could mean better demand for connected devices, laptops, computers, and storage solutions in the post pandemic era. Even as the world is struggling to find a COVID-19 breakthrough, the demand for mobile phones and associated markets like mobile phone loudspeaker can expect some relief in the coming period. 

Primary Boosters and Key Barriers 

Massive amount spent on entertainment can open various new avenues for the market players in the coming years. Evolving consumer preference along with the changing lifestyle can also boost the demand for mobile phone loudspeaker over the appraisal period. The market also benefits from the boom in the e-commerce and m-commerce sectors, surging internet penetration, expanding urban population, and the worldwide presence of a strong distribution network.

The mobile speaker market growth can also be warranted by the rising penetration of Wi-Fi backed devices such as smartphones, tablets and laptops. It is projected that Bluetooth and Wi-Fi backed products can gain immense popularity in the years ahead in line with the widening consumption of online content and entertainment platforms. Technological innovations in terms of design, sound quality, size and power consumption are some of the aspects of the products that can benefit the industry participants in the long run. Apart from this, the rising sales of comprehensive speakers could be a lucrative opportunity in the mobile phone loudspeaker market.

Market Segmentation 

The Mobile Phone Loudspeaker Market Analysis has been considered for product, type as well as sound output.

The types of mobile phone loudspeaker are piezoelectric speakers, electric speakers, plasma speakers and electromagnetic speakers. In 2018, the electric speakers segment led the market with the highest value out of all the segments.

The sound output-based segments in the market include 80–90 dB, more than 90 dB and less than 80 dB. In 2018, the largest share of the market belonged to the 80-90 dB segment and retained the highest value, while the second in lead was the less than 80 dB segment.

Regional Insight 

The region-wise segmentation of the mobile phone loudspeaker market comprises APAC or Asia Pacific, Europe, MEA or Middle East and Africa, South America as well as North America. 

APAC could emerge as the most profitable market for mobile phone loudspeaker in the following years, thanks to the growing disposable income of the people and the expanding middle-class population. The mounting demand and production level of smartphones in India and China can be attractive opportunities for the leading vendors in the market. Moreover, the rising preference, particularly among youth, for sound and video games, alongside the increasing diversity in advanced music, supports the uptake of mobile phone loudspeakers in the region.

North America can be another formidable market in the approaching years, as a result of the strong financial conditions and the mounting popularity of in-home entertainment. The growing number of avid music listeners, expanding digital music sale, and the high popularity of audio and video entertainment can be favorable for the market in the next few years.

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Latest News

May 2020 

The Xiaomi Redmi K30i 5G smartphone has recently been released in China, which supports smart PA loudspeaker, Hi-Res audio support as well as 1217 ultra-linear speaker. The device also comes with a 3.5mm audio jack.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com