Silicon Wafer Reclaim Market Will Witness Growth Swiftly Owing To Increased Demand In End-Use Industries Including Solar Photovoltaic And Consumer Electronics Till 2024: Grand View Research, Inc.

The global silicon wafer reclaim market size is expected to reach USD 577.3 million by 2024, according to a new report by Grand View Research, Inc. Increasing raw material prices for manufacturing virgin silicon wafers are likely to compel manufacturers to adopt reclaim technologies. Rising demand for the product as test wafers for testing, controlling and monitoring semiconductor fabrication processes is expected to be a key driver for the industry growth. Rising consumer awareness coupled with government focus on renewable energy sector is expected to drive demand for solar PVs, which in turn is expected to have a positive impact on the market over the projected period.
Technological advancements in the reclaiming process to increase yield, improve quality, cut reclaim cycle time and reduce cost is expected to open new avenues for the industry growth. The rapid growth of end-use industries including solar photovoltaic and consumer electronics is likely to propel demand for the product and impact the reclaim industry on a positive note. Competitive pricing trends in the consumer electronics industry have resulted in increased demand for low-cost raw materials, which is likely to open new avenues for the market over the next eight years.
300 mm reclaimed silicon wafers dominated the industry and are projected to grow at a significant share owing to its rising demand for solar cell manufacturing. Higher efficiencies offered by 300 mm wafers than its counterparts including 200 mm and 150 mm wafers are anticipated to offer a competitive advantage for the product market over the forecast period. Solar cell manufacturing is expected to be major application segment for the industry owing to increasing solar PV installations across various parts of the world.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/silicon-wafer-reclaim-market

Further key findings from the report suggest:

·         200 mm reclaimed wafer is expected to grow at a CAGR of more than 3.5% owing to its application in integrated circuits used in electronic devices such as smartphones, personal computers, and memory devices. In addition, the growing use of the reclaimed wafer for MEMS circuits and detectors is expected to spiral growth over the forecast period.

·         North America market was valued at over USD 75 million in 2015 owing to increasing demand from the solar energy generation industry. In addition, growing demand for economical silicon wafers for use as a base in the semiconductor industry is expected to drive the market growth in the region. Furthermore, substantial planned solar PV installations in the U.S., Mexico, and Canada is expected to drive the demand for reclaimed and virgin silicon wafers.

·         Latin America is expected to witness a restrained growth of 3.0% owing to a moderate demand for the product owing to a less established semiconductor industry. However, the demand is expected to be fueled by growing installation of solar power generation equipment due to increasing demand for renewable energy sources.

·         Key participants include Nano silicon Inc., Advantec Co. Ltd, KST World Corp, Noel Technologies, Pure Wafer PLC, Rockwood Wafer Reclaim SAS, Silicon Materials Inc, RS Technologies, KEMI Silicon Inc., and Shinryo Corporation.

·         Companies are focused on increasing their footprint by backward integrated to the production of wafers and providing the used wafers for reclaim. For instance, Pure Wafer PLC, an America based company deals in the production and sales of test and virgin wafers and is also a provider of the silicon wafer reclaim services.

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Grand View Research has segmented the global silicon wafer reclaim market on the basis of product, application and region:
Product Outlook (Volume, ‘000 Wafers; Revenue, USD Million, 2013 - 2024)

·         150mm

·         200mm

·         300mm

·         Others

Application Outlook (Volume, ‘000 Wafers; Revenue, USD Million, 2013 - 2024)

·         Integrated Circuits

·         Solar Cell

·         Others

Regional Outlook (Volume, ‘000 Wafers; Revenue, USD Million, 2013 - 2024)

·         North America

·         U.S.

·         Canada

·         Mexico

·         Europe

·         Germany

·         UK

·         Asia Pacific

·         Taiwan

·         China

·         Japan

·         South Korea

·         Latin America

·         Brazil

·         Middle East & Africa

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Biometric Sensor Market Will Witness Growth Owing To Increased Demand In Consumer Electronics Application Till 2024: Grand View Research, Inc.

The global Biometric Sensor Market size is expected to reach USD 1.83 billion by 2024, according to a new report by Grand View Research, Inc. Technological proliferation and increasing demand in commercial buildings, consumer electronics, and banking applications are expected to drive the market growth.
The development of advanced multimodal techniques for biometric authentication and recognition techniques, which employ verification of more than one biometrics enabling increased security levels across the end-use applications, is driving industry growth. The use of biometric Sensor in consumer electronic devices, such as smartphones and tablets, has resulted in an exponential increase in the sensor shipments.
End-users are increasingly adopting the advanced sensing and authentication technologies aimed at restricting unauthorized access and increasing security. Advanced recognition techniques such as DNA matching as well as vein, iris, and retina recognition have been increasingly adopted across distinct end-use verticals over the past few years.
However, concerns raised over cultural barriers and issues, such as the prevention of misuse of an individual’s biometrics, may pose a challenge to the market growth over the next eight years.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/biometric-sensor-market

Further key findings from the report suggest:

·         Optical, capacitive, thermal, ultrasound, and electric field Sensor are extensively used in capturing an individual’s biometrics. Optical Sensor accounted for over 40% of the industry share and are expected to sustain their supremacy over the forecast period. Fingerprint scanners used in commercial buildings and offices for access control and log management extensively employ optical Sensor for capturing, recognizing, and verifying fingerprints.

·         The finger scan application segment acquired a significant share of the industry, accounting for over 40% of the overall share and is expected to maintain its dominance over the forecast period. The hand and face scan applications are increasingly gaining prominence, owing to the enhanced security features that they offer.

·         The rising application of fingerprint and facial recognition and authentication as biometric technology in devices such as smartphones, tablets, and laptops, along with other smart handheld devices, have led to the market proliferation. The consumer electronics segment dominated the overall end-use industry accounting for over 25% of the market volume share in 2015.

·         The rapidly declining prices of such sensing components to be used in smartphones and tablets are expected to lead to a gradual decrease in the revenue generated over the forecast period. The entry of sensor and component manufacturers from the Asia Pacific countries, such as China and Taiwan, has led to increased competition in the industry, resulting in an overall decline in the sensor prices.

·         Asia Pacific dominated the global industry, contributing over 35% of the market revenue in 2015. The presence of key sensor and consumer electronics vendors in the region has led the region to hold a major share in the biometric Sensor industry.

·         Key vendors include 3M Company, Crossmatch, NEC Corporation, IDEX ASA, and ZKTeco Inc. Manufacturers are offering technologically advanced and distinguished products and are adopting innovative distribution strategies, such as e-commerce retailing apart from directly supplying to the end-use industries.

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Grand View Research has segmented the global biometric sensor market on the basis of product, application, end-use and region:
Biometric Sensor Product Outlook (Volume, Million Units; Revenue, USD Million; 2015 – 2024)

·         Capacitive Sensor

·         Optical Sensor

·         Thermal Sensor

·         Ultrasound Sensor

·         Electric field Sensor

Biometric Sensor Application Outlook (Volume, Million Units; Revenue, USD Million; 2015 – 2024)

·         Voice scan

·         Finger scan

·         Hand scan

·         Facial scan

·         Iris scan

·         Vein scan

·         Others

Biometric Sensor End-Use Outlook (Volume, Million Units; Revenue, USD Million; 2015 – 2024)

·         Consumer electronics

·         Commercial buildings

·         Defense

·         Medical

·         BFSI

·         Others 

Biometric Sensor Regional Outlook (Volume, Million Units; Revenue, USD Million; 2015 – 2024)

·         North America

·         Europe

·         Asia Pacific

 ·         RoW

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Compressed Air Treatment Equipment Market Is Expected To Witness Growth Owing To Increasing In Industrial Sectors Till 2020: Grand View Research, Inc.

The Global Compressed Air Treatment Equipment Market is expected to reach USD 8.59 billion by 2020, according to a new study by Grand View Research, Inc. Surging demand for compressed air treatment equipment across a vast array of applications is expected to drive market growth over the forecast period. Compressed air systems are used by a large percentage of manufacturers on a global scale, which has necessitated treatment equipment installation so as to meet air quality standards suited for the target applications, and is also expected to spur market growth over the forecast period.
Several regulatory mandates and standards have been formulated to support production and utilization of clean air, which is expected to significantly contribute to the industry growth. However, delivering compressed air to manufacturing facilities requires equipment that is expensive, needs frequent maintenance and consumes significant amount of energy, which may pose a challenge to compressed air treatment equipment market growth over the forecast period. Technological proliferation and development of more energy efficient equipment across several applications provides avenues for market growth.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/compressed-air-treatment-equipment-market

Further key findings from the study suggest:

• Dryers emerged as the most dominant product segment in 2013, and accounted for over 40% of the compressed air treatment equipment market in the same year. Dryers form a crucial component any compressed air equipment as they help remove moisture or water droplets effectively. Adsorber filters are also expected to witness significant growth over the next few years, which can be attributed its ability to easily remove any chemicals or gases within the compressed air.
• Process air is expected to remain a sizable application segment over the forecast period. This can be primarily attributed to the increased demand of compressed air treatment equipment across the food & beverage and pharmaceutical industry that require clean, oil-free, dry and sterile compressed air.
• North America emerged as the largest regional market in 2013, closely followed by Asia Pacific. North America accounted for over 30% of the global compressed air treatment equipment market in the same year. Presence of several manufacturing facilities is expected to fuel the regional market growth over the next six years.
• Key market players include Donaldson Company Inc, Atlas Copco Corp, Ingersoll-Rand, Gardner Denver Inc, Van Air Inc., Kaeser Compressors and Parker Hannifin Manufacturing Limited. Development of technologically advanced and cost-effective compressed air treatment equipment is expected to be a critical success factor for companies operating in this market.

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For the purpose of this study, Grand View Research has segmented the global compressed air treatment equipment market on the basis of product, application and region:
Compressed Air Treatment Equipment Product Outlook (Revenue, USD Million, 2012 – 2020)
    • Filters
            • Particulate filter/pre-filter
            • Coalescing filter/oil removal
            • Adsorber filter/oil vapor removal
            • Filtered centrifugal separator
            • High temperature afterfilters
            • Moisture separators
    • Dryers
            • Refrigerated dryers
            • Desiccant air dryers
            • Membrane dryers
            • Deliquescent dryers
    • Aftercoolers
    • Others
Compressed Air Treatment Equipment Application Outlook (Revenue, USD Million, 2012 – 2020)
    • Plant Air/Shop Air
    • Instrument Air
    • Process Air
    • Breathing Air
Compressed Air Treatment Equipment Regional Outlook (Revenue, USD Million, 2012 – 2020)
    • North America
            • U.S.
            • Mexico
    • Europe
            • Germany
            • UK
    • Asia Pacific
            • China
            • India
            • Japan
    • RoW
            • Brazil

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Flow Sensors Market To Gain From Increased Usage In Chemical Plants, Oil And Gas Industry Till 2020

The Global Flow Sensors Market is expected to reach USD 7.48 billion by 2020, according to a new study by Grand View Research, Inc. Increasing quest for new energy sources along with renewable energy development is expected to drive the flow sensors market over the forecast period. Regulations governing the industry have been favorable in stimulating market growth for different types of sensors. For example, standards laid by the EPA for power plants have increased the demand for gas flow sensors which are effective in monitoring gas leakage. Various initiatives are taken into consideration for energy conservation and efficiency over the years worldwide. For instance, Omron Corporation offers high performance MEMS flow sensors to optimize air conditioning energy efficiency.
Further, the industry has witnessed high demand from numerous end-use industries. For example, in the automotive sector, active and passive safety sensors have witness tremendous growth due to the growing need for accident mitigation systems. Emission of hazardous gases has led to the framing of legislations for emission control and resulted in the need for monitoring the concentration of exhaust gases.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/flow-sensors-market

Further key findings from the study suggest:

• The flow sensors market is expected to witness considerable growth over the forecast period. The need for new energy sources, including oil and gas exploration, and the growing significance of developing of renewable energy sources are expected to be key market drivers.
• The process industries segment is poised for significant growth over the next few years, and accounted for over 25% of the overall market in 2013. Growing number projects and the establishment of new process plants along with reinvestments in plant modernization, renovation and capacity expansion are expected to fuel the market demand.
• North America emerged as the dominant regional market in 2013 accounting for more than 30% of the overall market in the same year. Surging demand owing to rebound in automotive and machinery production along with regulatory mandates are expected to spur the regional market growth over the next six years.
• Key industry players include Emerson Electric Company, First Sensor AG, Gems Sensors & Controls, Keyence Corporation, Omron Corporation etc. Manufacturers focus on investing in R&D activities as accuracy and reliability are major product selection criteria. Further, industry participants emphasize on product differentiation in order to avoid price competition.

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For the purpose of this study, Grand View Research has segmented the global flow sensors market on the basis of application and region:
Flow Sensors Application Outlook (Revenue, USD Million, 2012 – 2020)

• Automotive
• Consumer electronics
• Environmental
• Healthcare/Medical
• Process industries
• Others

Flow Sensors Regional Outlook (Revenue, USD Million, 2012 – 2020)

• North America
• Europe
• Asia Pacific
• RoW

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