Global Electronic Design Automation (EDA) Tools Market Offers Huge Growth Opportunities in Future

EDA, electronic design automation, which is also referred as electronic-computer aided design. It is a software tool that designs electronic system like integrated circuits and printed circuit boards. The adoption of the technology has lead to the reduction in cost, efficient design time and less errors. This has made the industry to witness growing demand for these tools in automotive, consumer electronics and defense sector and further strengthening the growth of global EDA tools market. Based upon type, the EDA tools market is categorized into on-premise solutions and cloud based solutions. Among these two segments on-premise solutions is anticipated to witness faster growth during the forecast period. On-premise solutions are considered to be flexible, secure and reliable option that helps the enterprises in efficiently managing their money, time and resources into their core business strategies.

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Increasing adoption of cloud computing and the increasing penetration of internet of things are the key factors pertaining towards the growth of EDA tools market globally. Furthermore, the technology has reduced the cost and made and has minimized the number of errors to great extent. Furthermore, due to increasing adoption of cloud technology the designs have become easier to access and available anytime and effective deployment of data is another feature that makes it economical has enabled EDA tools market to grow globally.

Geographically, EDA tools market in North America is anticipated to generate largest revenue throughput the estimated period due to the presence of large number of aerospace, automotive and defense companies that are utilizing this technology in order to enhance flexibility, cost-efficiencies and smooth functioning of their organization. Furthermore, Asia-Pacific is anticipated to generate fastest growth during the forecast period due to increasing adoption of cloud services and the increasing adoption of EDA technology in the manufacturing domain of this region.

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Key players in EDA tools market are launching new products and undergoing mergers and acquisitions in order to gain first mover advantage and be a differentiator in terms of product offering across the globe. For instance, it has been observed that in 2013 Synopsys acquired Magma Design automation and SpringSoft pvt. Ltd. in order to provide improcved designed tools to its customers. Some of the prominent players in the EDA tools market include Synopsys, Cadence Design Systems inc., Mentor Graphics, Zuken, EEsoF.


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Focused Ion Beam Market - Key Market Players and their Core Competencies in Each Type and Application

The focused ion beam is a technology that is extensively being utilized in the biological fields, semiconductor industry and materials science. It is a scientific device that looks similar to a scanning electron microscope (SEM). Moreover, extensive application of focused ion beam systems in material science and increasing demand for failure analysis equipment are the key factors driving the growth of the focused ion beam market. Based upon application, the focused ion beam market is segmented into nanofabrication, sample preparation, and others. Among these segments, nanofabrication is anticipated to witness the fastest growth during the forecast period. Nanofabrication is extensively being utilized to make material lighter, reactive, durable, and stronger. Furthermore, the demand for nanofabrication ion beam from semiconductor domain is thereby exaggerating the growth of focused ion beam market worldwide.

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The increasing application of focused ion beam systems in material science, increase in demand for failure analysis and the application of focused ion beams in nano machining are the key factors driving the growth of focused ion beam market across the globe. FIB systems are applied in the material science laboratories for specimen preparation, circuit editing, and microstructural analysis. Furthermore, focused ion beam systems are used in the semiconductor and manufacturing industries as failure analysis equipment. Failure equipment has become an essential system to detect the cause of failure and helps to redirect the resources in the right direction and save huge costs of failed experiments.

Geographically, North America is the largest market due to the concentration of leading manufacturers and exponential demand for the focused ion beam systems in the semiconductor industry in this region. Moreover, the market players are continuously making efforts to introduce advanced focused ion beam products. This system embeds the existing products with more compactness, more effective and efficient. Furthermore, growing laboratory automation is helping this region to generate significant revenues throughout the estimated period.

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Moreover, Asia-Pacific is anticipated to witness the fastest growth during the forecast period due to increasing demand for focused ion beam system from countries such as China and Japan. This is due to the growing popularity of conventional biological laboratories and increasing government efforts and expenditures toward it. Furthermore, the expansion of the semiconductor industry and the growing adoption of advanced technologies are key factors for the growing demand of the focused ion beam market in this region.

Key players in the market are focused upon promoting the growth of the focused ion beam market by improvising the quality and using advanced technology. Developing cost efficiencies is the key generic strategy adopted by focused ion beam market across the globe. The prominent players in the focused ion beam market include Hitachi High-Technologies Corporation, Thermo Fisher Scientific, Evans Analytical Group, Carl Zeiss AG, Fibics Incorporated, Tescan Orsay Holding A.S., Raith GmbH, JEOL Ltd., Nanosurf AG, and zeroK NanoTech.

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Ultrasonic Air In Line Sensor Market - Industry Insight, Trends, Key Players, Growth Drivers and Forecast to 2024

Ultrasonic air in line sensor is a technique that helps the medical practitioners to detect air bubble in the fluid delivery lines at the time of occurrence of a medical process. This sensor is extensively being utilized at the time of surgery or transfusion at a rapid pace. These air bubbles allow gas embolisms to enter into the blood streams that lead to blocking of blood flow; this can further lead to heart attack or stroke in a human body. Furthermore, these ultrasonic in line sensors are extensively being utilized for detecting a particular object, distance management and detection of anti-collision that is further bolstering the growth of the ultrasonic air in line sensor market, globally.

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The growing awareness towards safety in both automobile and healthcare sectors, increasing adoption of automation in automobile and increasing advancements in the ultrasonic sensors that enables more accuracy are the major factors driving the growth of ultrasonic air in line sensor market, globally. Moreover, increasing awareness of safety leads to extensive utilization of this equipment such as ultrasonic air inline sensors. Furthermore, these sensors help in avoiding collisions and also help the users in measuring the distance that is further bolstering the growth of ultrasonic air in line sensor market, globally.

Geographically, North America is the largest ultrasonic air in line sensors market because of the existence of giant manufacturers in the automobile industry in this region and the presence of prominently established healthcare sector. Further, the emergence of self-driving cars from this region has led to the growth of the ultrasonic air inline sensors exponentially.

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Moreover, Asia-Pacific is expected to show exponential growth throughout the projected period. The growth of ultrasonic air in line sensor market in this region is attributed towards the presence of largest manufacturing unit in countries such as India and China and the flourishing infrastructure in healthcare sector. Furthermore, the initiatives undertaken by the government for developing security guidelines in medicine and automobile sector also provides extensive growth to the ultrasonic air in line sensor market in this region.

Key players in ultrasonic air in line sensor market are investing towards the improving quality of their prevailing offerings and developing latest technologies that is strengthening their position in the market. Furthermore, the key players are forming strategic alliances that help them in developing cost efficiencies and gain competitive benchmark. The prominent players in theF ultrasonic air in line sensor market include Biosonix Ltd, Sensaras LLC, TE Connectivity Ltd, ClearLine MD, Piezo Technologies, CeramTec GmbH, and Strain Measurement Devices, Inc, Siansonic Technology Co., Ltd., Moog, Inc., and Introtek International, L.P.


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Lithium Ion Battery Market in the Asia-Pacific Accounted the Major Share during Forecast 2024

Lithium ion battery is a rechargeable battery with longer lifecycle. It is used in applications which require high energy density solutions. It is used in notebook computers, hybrid automobiles and cellular phones. The global lithium ion battery market is growing at a significant rate, due to mounting requirement for electric vehicle, and mounting need for smart devices and other consumer electronic products. Different types of lithium ion batteries contributed to the lithium ion battery market size. The market has witnessed high demand for lithium nickel manganese cobalt in the coming years due to depleted proportion of cobalt in the combination.

Insight by Power Capacity

On the basis of power capacity the lithium ion battery market is subdivided into 0 to 3,000 mAh, 3,000 mAh to 10,000 mAh, 10,000 mAh to 60,000 mAh and more than 60,000 mAh. Among the all power capacity, the 3,000 mAh to 10,000 mAh is expected to grow at fastest rate in the market due to increasing market of consumer electronics and smartphones. In addition, 0 to 3,000 mAh segment accounted the largest share in the market.

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Growth Drivers

Mounting requirement for electric vehicle, mounting need for smart devices and other consumer electronic products, mounting demand for grid storage, government directives on fuel economy and expansions toward improvement of lithium ion batteries are the primary growth drivers for lithium ion battery market. Mounting acceptance of novel technologies in lithium ion batteries, stringent government regulations for the disposable of lead, mounting disposable income, and decreasing prices precedents to implementation of lithium ion batteries in novel application areas are also facilitating the growth for the lithium ion battery market.

Geographic Overview

Geographically, Asia-Pacific accounted the major share and is observed to witness highest growth in the lithium ion battery market due to mounting funding from the government. In addition, mounting disposable income, continuous development in automotive and consumer goods sector, mounting demand of electric vehicles, mounting consumer alertness to adopt environment friendly technologies and mounting adoption of smart devices are also facilitating the growth of the Asia-Pacific lithium ion battery market.

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Competitive Insight

In addition, in March 2018, Lithium Werks acquired the A123 Systems manufacturing plants located in China, to improve its position in market. BAK Group, Panasonic Corporation, Saft Groupe SA, BYD Company Ltd., Johnson Controls Inc., GS Yuasa Corporation, LG Chem, Ltd., Samsung SDI Co., Ltd., Lithium Werks, Hitachi Ltd., Toshiba Corporation and Valence Technology, Inc. are the key players offering lithium ion battery.

Geographical Segmentation
Lithium Ion Battery Market by Region
North America

• U.S.
• Canada
• Rest of North America

Europe

• U.K.
• France
• Netherlands
• Sweden        
• Rest of Europe

Asia-Pacific

• China
• Japan
• Singapore
• Taiwan
• Rest of Asia-Pacific

Latin America

• Brazil
• Rest of Latin America

Middle East & Africa

• South Africa
• Rest of Middle East & Africa

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North America Has Been the Largest Optical Networking and Communication Market, Globally

Optical networking is a form of a communication network that helps in dispersing information to several telecommunication nodes by consuming signals that are encoded onto the light. Furthermore, it has been observed that these systems operate from the limited range of local area networks that are commonly known as LAN. Optical cables are capable of extremely high bandwidth in accordance to the requirements of the user thereby these factors are fueling the growth of optical networking and communication market at an extensive rate across the globe. On the basis of technology, the optical networking and communication market is segmented into fiber channel, sonnet/SDH and WDM. WDM is further sub-segmented into DWDM and CWDM. Among all these segments, the broad segment fiber channel is expected to generate the largest revenue throughout the estimated period. This technology enables users to adopt more storage systems, enhanced scalability and severs the connection.

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Large bandwidth at lower cost, increasing telecom industry, increasing adoption of cloud-based services and increasing deployment of data centers are the key factors that is pertaining towards the growth of the optical networking and communication market. Furthermore, increasing demand for high bandwidth is accelerating the growth of optical networking and communication market. Additionally, it has been observed that the fiber optic cables that are usually utilized in optical networking and communication market are proficient of attaining extremely high bandwidth in the near future.

Moreover, optical networks have the capability of optimizing the congestion on the network due to increasing data traffic. Due to more deployment of data centers and adoption of cloud-based services, the need for high bandwidths is increasing which is provided by optical networks hence, it has fuelled the growth of the optical networking and communication market exponentially worldwide.

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Geographically, North America has been the largest optical networking and communication market, globally and it is anticipated to remain so during the forecast period. The extensive evolution of I.T sector has also been a reason for advanced growth in optical networking and communication market in this region. Moreover, optical networking and communication market in the Asia-Pacific is anticipated to witness the fastest growth during the forecast period due to the increasing penetration of household internet, power generation and increasing number of mobile phone users in this region that are considered to be the key driving forces in the growth of the optical networking and communication market globally.

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Mobile Payment Technologies Market: Everything You Want To Know About ?

Mobile payments are the transactions that are enabled with mobile telecommunications network that is done with a monetary value with diverse mobile user’s devices, such as mobile terminals, cellular telephones and smartphones. Mobile payment enables transferring of funds in return for goods or services that requires mobile device for confirming and executing payment. Furthermore, mobile payment systems enable consumers to make an immediate payment by using a smartphone. Moreover, increasing number of smartphone users across the globe that is pertaining towards the growth of the mobile payment technologies market.

Insight by Industry

On the basis of industry, the mobile payment technologies market is segmented into IT & telecommunications, government services, travel and hospitality, BFSI, healthcare, retail, media & entertainment, transportation and logistics and others. Among all these segments, retail segment is anticipated to generate largest revenue by 2024 since providers are constantly searching for alternatives that help them in engaging more customers and enhancing their satisfaction level.

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Moreover, apart from paying with card or cash there are several mobile payment options that are availed to the customers by the retail service providers such as Samsung Pay and Apple Pay. These applications enable customers to make quicker payments via an NFC equipped platform. Furthermore, increasing domain of mobile payment in retail domain is thereby bolstering the growth of mobile payment technologies market worldwide.

Growth Drivers

Increase in adoption of cashless transactions, increasing demand for easy and hassle-free purchase of goods and services, improved communication networks, increasing adoption of smartphone technology and increasing acknowledgment for the need of clean transactions are some of the key factors that are driving the growth of mobile payment technologies market exponentially.  With the acknowledgment of the significance of cashless transactions among people, mobile payment technology has widened its reach in almost every segment of the business. May it be consumer to business or business-to-business transaction, mobile payment technology is available for all kinds of transactions, which can further makes the technology more popular.

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Geographic Overview

Geographically, Asia-Pacific dominates the mobile payment technologies market followed by North America. The increasing revenue of mobile payment technology in Asia-Pacific is attributed towards large population in the region. Furthermore, Asia-Pacific has the highest numbers in the adoption rate of smartphones due to the large population of young generation. Furthermore, increasing initiatives undertaken by the government authorities in China and India towards promotion of cashless transactions has expounded the demand for the mobile payment technologies market in this region.

Competitive Insight

Key players in the mobile payment technologies market are taking major steps to improve the security for the online payment platforms. These steps include the companies to collaborate with security providers to form a different department to focus specifically on the security issue. Such steps taken by the prominent players give them a competitive edge in the global market. The key players in the mobile payment technologies market are Alipay.com, General Motors Company, MasterCard Incorporated, Samsung Group, Amazon.com, Inc., Apple Inc., Starbucks Corporation, PayPal holdings, Inc., Paytm and Square, Inc.

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North America Dominates Virtual Reality in Gaming Market Due To Increasing Deployment of Gaming Sectors

Virtual reality is the technology that enables the user with an environment that is interactive and engaging in a computer-generated arena and that is further roused in accordance with the graphics requirements of a particular game. It has been observed that virtual reality technology in gaming sector assimilates auditory and virtual feedbacks that enable the gamer to get involved in a fictional area where with the use of stimulation physical presence of a player is ensured. Moreover, increasing disposable income in developing countries and the introduction of a large number of gaming devices are factors pertaining towards the growth of the virtual reality market in gaming sector across the globe.

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Virtual reality in gaming market gives the player an experience of playing inside the game itself. Along with this the gamer can customize and change the simulated environment according to the preference and requirement of the players. Further, increasing disposable income of people in the emerging economies and the increasing involvement of young generation in gaming area are other factors that are attributing towards the growth of the virtual reality in gaming market across the globe. It has been observed that there are several small companies in developing economies that are developing the latest VR devices that help the gamers to completely involve and engage themselves in the game.

Geographically, North America dominates virtual reality in gaming market due to increasing deployment of gaming sectors and extensive influence of games amongst the young generation in this region are the key factors pertaining towards the growth of virtual reality in gaming market in this region. Furthermore, the key providers of virtual reality in gaming reside in this region and are further consuming their resources to make these games adaptable on the virtual reality.

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Furthermore, virtual reality in gaming market in Asia-Pacific is anticipated to witness the fastest growth during the forecast period due to large number of population and their increasing acceptance for gaming technology. It has been observed that there have been many official gaming influencers who are officially popular gamers and whose job are confined towards indulging others into games. Many gaming companies are hiring such influencers to promote the use of virtual reality headsets for gaming purpose that is further bolstering the growth of the virtual reality in gaming market in this region.

Key players in virtual reality in gaming market are launching new products in order to engage large consumer base. For instance, in 2016 Sony Corporation had launched new headset further targeting new and expanding their existing consumer base. Some of the prominent players in the virtual reality market include Kaneva, Linden Research Inc., Nintendo Co. Ltd, Nvidia, Qualcomm, Microsoft Corporation, HTC Corporation, Sony Corporation and Samsung Electronics Co. Ltd.

Geographical Segmentation
by Region


North America

• U.S.A
• Canada

Europe

• Germany
• U.K.
• France
• Italy
• Spain
• Austria
• Ukraine
• Belgium
• Norway
• Portugal
• Poland
• Denmark
• Sweden
• Netherlands
• Hungary
• Switzerland
• Russia
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Australia
• South Korea
• Indonesia
• Rest of Asia-Pacific

Rest of the World

• Brazil
• Mexico
• Chile
• Argentina
• Iran
• Egypt
• Turkey
• Saudi Arabia
• A.E
• South Africa
• Uruguay
• Other Countries

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