Artificial Intelligence
Compound Semiconductor Market to Hit USD 4,465.2 Million by 2026 Growing with 6.53% CAGR | North America Region to Dominate the Global Compound Semiconductor Industry
Pune, Feb. 08, 2021 (GLOBE NEWSWIRE) — Market Analysis A compound semiconductor is characterized as a semiconductor composed of elements from two or more different groups of periodic table and is synthesized using deposition technologies. Devices made of semiconductors are important components of most electronic circuits since they possess unique properties like wide band gap, high operating temperatures, high current and voltage holding capacity, and the ability to generate microwave signals.
Increasing demand for high-speed and efficient products has been a major driver of market growth for compound semiconductors in the recent past. The introduction of high-end technologies such as artificial intelligence, machine learning, and the Internet of Things (IoT) in the communications sector to improve its efficiency is another key factor that boosts the market growth. Furthermore, the increased use of compound semiconductors in various electronic applications, including electronic wafer, film coatings, and integrated circuits, is anticipated to propel the market significantly over the next few years. The automotive industry has seen drastic changes in the recent past due to growing developments in electronic products. Automotive developments, such as electric vehicles and autonomous cars, have reached the maximum required incorporation of semiconductor electronics in the automotive sector. Such factors are expected to propel market growth.
Get Free Sample PDF Brochure: COVID-19 Impact on the Global Compound Semiconductor Market COVID-19 has a significant influence on both the consumer and the economy. Electronics manufacturing centers have been temporarily shut down to restrict the spread of COVID-19 among individuals. This has had a significant effect on the supply chain of the semiconductor industry by generating shortages of products, components, and finished goods. Lack of business continuity has resulted in major negative impacts on revenues, shareholder returns, and revenues, which are projected to result in financial disruptions in the compound semiconductor industry.
The effect of COVID-19 on the manufacturing sector has had a huge impact on the global economy. Electronic components like PCBs, LED chips and wafers, ICs, and other semiconductor devices are primarily imported from China. Due to the closure of manufacturing units, the prices of semiconductor components increased by 2-3% due to a shortage of supplies. In addition, demand for products is changing through ASICS, memory, and sensors, among others, with rapid shifts in consumer behavior.
Market Segmentation By type, the global compound semiconductor market has been segmented into Gallium Nitride (GaN), Indium Antimonide (InSb), Gallium Arsenide (GaAs), Silicon Carbide (SiC), Indium Phosphide (InP), Silicon Germanium (SiGe), Gallium Phosphide (GaP), and others. The others segment includes Cadmium Selenide (CdSe), Aluminum Indium Arsenide (AlInAs), Cadmium Telluride (CdTe), Zinc Selenide (ZnSe), Cadmium Zinc Telluride (CdZnTe), and Mercury Cadmium Telluride (MCT). The Silicon Carbide (SiC) segment is projected to dominate the market during the forecast period. However, the Gallium Nitride (GaN) segment is projected to register the highest CAGR due to the growing application of this material in the general lighting, signage, and automotive sector.
By product, the global compound semiconductor market has been segmented into optoelectronics, RF devices, and power electronics. The optoelectronics segment is further divided into LED, image sensors, laser diode, photovoltaic cells, and optocouplers. The RF devices segment includes RF power and RF switching. The power electronics segment is further divided into the diode, transistor, power modules, and power IC. The optoelectronics segment is expected to hold the largest market share. Furthermore, the LED sub-segment is expected to post the highest CAGR owing to the decrease in LED prices and increasing initiative by the government to promote the adoption of LED. By application, the global compound semiconductor market has been segmented into lighting, telecommunication, aerospace & defense, automotive, consumer display, and others. The lighting segment is projected to capture the largest market share. However, the telecommunication segment is expected to display a significant CAGR during the forecast period.
Browse In-depth Market Research Report (100 pages) on Compound Semiconductor Market: Regional Analysis North America to lead the global market Ask Your Queries: Competitive Landscape Notable Players in The Global Compound Semiconductor Market Are:
Industry News Browse Related Reports Global RF GaN Semiconductor Device Market Research Report: By Material (GaN-On-SiC, GaN-On-Silicon, and GaN-On-Diamond), Applications (Wireless Infrastructure, Power Storage, Satellite Communication, PV Inverter, and others), End-Users (Aerospace & Defense, IT & Telecom, Consumer Electronics, Automotive, Others) and Region (North America, Europe, Asia-Pacific and Rest of the World) – Forecast till 2025
Global Discrete Semiconductor Market Research Report: By Type (Diodes, (General-Purpose Rectifiers, High-speed Rectifiers, Switching Diodes, Zener Diodes, ESD Protection Diodes, Variable-Capacitance Diodes) Transistors, (MOSFET, IGBT, Bipolar Transistor), Thyristor, Modules), By End User (Automotive, Consumer Electronics, Communication, Industrial, Others) and by Region (North America, Europe, Asia-Pacific, Middle East and Africa, Central and South America) – Forecast till 2025 Semiconductor IP Market, By Application (Automotive, Consumer Electronics, Networking, Industrial Automation), By Type (Microprocessor, Digital Signal Processors), By Memory (DRAM, SRAM, NAND) – Global Forecast till 2023
About Market Research Future:
Market Research Future (MRFR) expects the global compound semiconductor market Size to touch USD 4,465.2 million, registering a CAGR of 6.53% from 2020–2026 (forecast period).
https://www.marketresearchfuture.com/sample_request/10129
The COVID-19 crisis has triggered volatility in the stock market, a significant slowdown in the supply chain, a decrease in business confidence, and a rise in fear among the customer segments. The cumulative effect of the pandemic is influencing the manufacturing process of a variety of sectors, including semiconductors and electronics, and many more. Trade barriers further constrain demand and supply outlook. As the government of the different countries declared a total lockdown and a temporary shutdown of industries, the overall output process is adversely affected.
The global compound semiconductor market has been segmented based on type, product, and application.
https://www.marketresearchfuture.com/reports/compound-semiconductor-market-10129
Regionally, the global compound semiconductor market has been segmented into North America, Europe, Asia Pacific, and the rest of the world.
North America held the largest share of the compound semiconductor market in 2019 and is projected to rise significantly during the forecast period. Various factors are pushing the growth of the compound semiconductor market in the North American region owing to the presence of high-tech technology and the developed infrastructure. In addition, companies like Qorvo, Inc., Skyworks Solutions, Inc., and Cree Inc. in the area are also fuelling the market growth. The increasing demand for high-speed Internet and the need to maintain data traffic in two-way communication is also propelling the growth of the market in the region.
https://www.marketresearchfuture.com/enquiry/10129
Key players have adopted new product development, mergers, and acquisitions as part of their growth strategy to expand their share of the global market for compound semiconductors.
In March 2020, ON Semiconductor made a 5-year agreement with GT Advanced Technologies (GTAT) (US) to produce and supply silicon carbide materials. With this deal, GTAT will produce and supply its CrystX silicon carbide (SiC) material to ON Semiconductor. This agreement is estimated at a potential value of USD 50 million.
In February 2020, Qorvo acquired Decawave (Ireland), a leader in ultra-wideband (UWB) technology and a provider of UWB solutions for mobile, automobile, and IoT applications. The Decawave team has become an Ultra-Wideband Business Unit (UWBU) within the Qorvo Mobile Products segment.
Global Semiconductor Inspection System Market Research Report Information: By Type (Wafer, Mask), By End-user (SMEs, Large Enterprises) – Forecast till 2023.
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.
Contact
Market Research Future
+1 628 258 0071(US) +44 2035 002 764(UK) Email: [email protected]
Website: https://www.marketresearchfuture.com
Artificial Intelligence
TeraBox Celebrates 2nd Anniversary of Its Massively Popular Referral Program
Continuously expanding webmaster signups, especially in multiple regions, along with new highs in webmaster payouts, has ensured the smooth operation and continuous development of the project.
TOKYO, Sept. 21, 2024 /PRNewswire/ — TeraBox (“TeraBox” or “the Company”), a globally trusted cloud storage service headquartered in Tokyo, recently celebrated the second anniversary of its hugely popular Referral Program, a testament to the smooth operation and continuous development of the project. The number of webmaster signups, including in multiple new regions, continued to increase steadily with webmaster payouts reaching new highs.
TeraBox reveals some of its impressive Referral Program data.
TeraBox’s total number of webmasters worldwide reached over one million.The highest daily income of webmasters reached over $10,000, with the top earner making nearly $180,000.The total number of shares by all webmasters exceeds 500 million.The network of webmasters spans across the globe, including countries such as India, Indonesia, the United States, Latin America, Middle East, and South Korea. Moreover, as TeraBox’s influence continues to grow, the platform is excited to welcome many new webmasters from an expanding range of countries and regions.
TeraBox has achieved significant milestones, demonstrating its sustainable growth and increasing user impact. The journey started with the Webmaster Center launch in August 2022. Following this, several optimizations were implemented, including a self-withdrawal feature that simplified earnings management for webmasters and increased their engagement. Additionally, the Growth Analysis tool provided webmasters with valuable insights into their operational performance, enabling more effective decision-making.
As a result of these enhancements, both the number of participating webmasters and their earnings have seen remarkable increases. Looking ahead, the upcoming launch of the Webmaster App in September 2024 is set to further elevate user engagement and convenience, solidifying TeraBox’s position as an industry leader.
About TeraBox
TeraBox, developed by Flextech Inc. in Japan, is a leading global cloud storage solution. Headquartered in Tokyo, TeraBox proudly serves over 320 million users globally, providing an easy yet powerful way to store and manage data. With its generous 1TB of free storage, TeraBox ensures that your files are safe, secure, and accessible from anywhere. As a secure, reliable, and convenient service, TeraBox is certified with ISO 27001, ISO 27701, and ISO 27018, offering individual users around the world the opportunity to register for 1TB (1024GB) of free storage.
Photo – https://mma.prnewswire.com/media/2510913/image_5016964_39376930.jpg
View original content:https://www.prnewswire.co.uk/news-releases/terabox-celebrates-2nd-anniversary-of-its-massively-popular-referral-program-302254411.html
Artificial Intelligence
Huawei Cloud: One Step to Intelligence, One Leap to Excellence
SHANGHAI, Sept. 20, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, Huawei Cloud hosted a Summit themed “One Step to Intelligence, One Leap to Excellence”, gathering global industry leaders to explore the intelligent transformation trend, share pioneering cases, and assist customers in their journey to cloud-based operational excellence. At the summit, Huawei Cloud and global customers, unveiled the Data Center-to-Cloud solution and the PRIME Framework white paper.
Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, said: “Customers’ support enables us to innovate with finance, retail, autonomous driving, the Internet and many other sectors. By combining cutting-edge technologies with industry know-how, Huawei Cloud paves your way to digital and intelligence.”
Kevin Gao, President of Huawei Cloud Public Cloud Business, presented a keynote speech “One Step to Intelligence, One Leap to Excellence”. He outlined three critical factors for accelerating cloud migration and AI use: global infrastructure, continuous technological innovation, and lean operations.
In terms of global infrastructure, Huawei Cloud’s global infrastructure, KooVerse, offers extensive coverage, exceptional experience, and excellent quality. With 33 Regions and 93 Availability Zones (AZs) worldwide, Huawei Cloud supports over 10,000 customers in achieving business globalization. Huawei Cloud has interconnected with over 2,400 peers of global carriers, ensuring one hop to cloud and global business deployment for customers. Huawei Cloud data centers achieve Tier IV reliability.
Technological innovation is at the heart of Huawei Cloud’s mission to accelerate enterprise transformation. At this summit, three key areas were highlighted: compute upgrade, data-AI convergence, and application innovation.
The Data Center-to-Cloud solution released by Gao offers data center facilities, intelligent O&M, and DCN as a service, allowing customers to easily relocate and run dedicated compute resources on Huawei Cloud.
Huawei Cloud’s Ascend AI Cloud Service enables training jobs to run non-stop up to 40 days, shortens the fault recovery time to 10 minutes, and increases the linear scalability to 90% (the industry average are 2.8 days, 60 minutes, and 80%, respectively).
Huawei Cloud’s deterministic operations system has been adopted by over 300 global customers, maintaining a strong security record with zero intrusions and zero data breaches.
DeFacto from Türkiye leverages Huawei Cloud’s cloud native solution with Cloud Container Engine (CCE) and streamlines their services.
Huawei Cloud helps Chery to deploy, use, and manage the cloud. Currently, Huawei Cloud nodes in more than 10 countries and regions are providing services for Chery.
NavInfo has adopted Huawei Cloud’s R&D expertise and CodeArts software development pipeline to establish efficient development management standards and efficiency measurement systems.
Kingsoft and Huawei Cloud have collaboratively developed an excellence framework to optimize cost management.
Tencent Music’s Tianqin Lab has developed the MUSELight AI model acceleration framework, utilizing Huawei Cloud’s Ascend AI Cloud Service.
At the end of the summit, Huawei Cloud and global customers jointly released the Enterprise Excellence PRIME Model White Paper. This white paper offers a reference framework for enterprises to leap to excellence with digital and intelligent technologies.
Photo – https://mma.prnewswire.com/media/2510990/Jacqueline_Shi_President_Huawei_Cloud_Global_Marketing_Sales_Service.jpgPhoto – https://mma.prnewswire.com/media/2510991/Kevin_Gao_President_Huawei_Cloud_Public_Cloud_Business.jpg
View original content:https://www.prnewswire.co.uk/news-releases/huawei-cloud-one-step-to-intelligence-one-leap-to-excellence-302254392.html
Artificial Intelligence
Autonomous Mobile Robots (AMR) Market to cross $10 Billion TAM with around 500K AMRs shipment by 2030 – LogisticsIQ
NEW DELHI, Sept. 20, 2024 /PRNewswire/ — The global Autonomous Mobile Robots (AMRs) market is poised for significant growth, driven by increasing demand for automation across various sectors, including logistics, manufacturing, and healthcare. According to the latest market research by LogisticsIQ (5th Edition), Autonomous Mobile Robots (AMR) Market to cross $10 Billion TAM by 2030 with a CAGR of ~30% between 2024 and 2030. We expect the installed base of AMRs to reach 2 million units in 2030.
Download a Free Sample of our report on Autonomous Mobile Robots Market
Key Market Drivers
Increased Efficiency: Businesses are rapidly adopting AMRs to enhance operational efficiency, reduce labour costs, and streamline workflows.Labor Shortages: The ongoing labour shortages in various industries have accelerated the need for automated solutions, making AMRs a crucial investment for companies.Technological Advancements: Innovations in artificial intelligence (AI), machine learning, and sensor technology are making AMRs more capable and reliable.Growing E-Commerce: The rise of e-commerce has created a demand for efficient warehouse management solutions, further boosting the AMR market.Regional Insights
North America leads the AMR market, accounting for the largest share due to the early adoption of automation technologies. Meanwhile, the Asia-Pacific region, especially China is expected to witness the fastest growth, fuelled by rapid industrialization and increasing investments in smart factories. US and China are going to contribute ~40% of this market by 2030.
Industry Applications
Autonomous mobile robots are being utilized in various applications, including:
Warehouse Automation: AMRs enhance inventory management and order fulfillment processes. This industry is expected to lead with more than 75% share by 2030.Manufacturing: Robots facilitate material handling and assembly line operations. Traditionally, it has been dominated by AGVs but are getting replaced by AMRs due to more flexibility and scalability features.Healthcare: AMRs assist in transporting medical supplies, improving patient care and operational efficiency. It is a niche market but high growing area to focus further.Purchase the full report on the Autonomous Mobile Robots Market – Growth, Trends, and Forecast
Top Factors & Challenges in the Autonomous Mobile Robots Market
Top Factors Driving Growth
Increased Demand for Automation: Businesses across industries are increasingly seeking automation to enhance efficiency and reduce operational costs.Technological Advancements: Innovations in AI, machine learning, and sensor technologies improve the capabilities and reliability of AMRs, making them more attractive to businesses.Labor Shortages: Ongoing labour shortages, especially in sectors like logistics and manufacturing, are pushing companies to adopt AMRs to maintain productivity.Growth of E-Commerce: The surge in online shopping requires efficient warehouse and logistics solutions, driving the adoption of AMRs for inventory management and order fulfillment.Improved Safety Standards: AMRs can reduce workplace accidents by taking over hazardous tasks, leading to safer working environments.Customization and Scalability: Many AMR solutions offer customizable features that allow businesses to scale operations according to their specific needs.Top Challenges
High Initial Costs: The upfront investment for AMRs can be substantial, which may deter smaller businesses from adoption.Integration with Existing Systems: Integrating AMRs into current operational workflows and legacy systems can be complex and resource-intensive.Regulatory Compliance: Navigating regulatory requirements and safety standards can pose challenges, especially in highly regulated industries.Limited Awareness and Understanding: Some businesses may lack knowledge about AMR technology and its potential benefits, hindering adoption.Technical Limitations: While technology is advancing, AMRs may still struggle with navigating complex environments or handling unexpected obstacles.Cybersecurity Concerns: As AMRs become more connected, they may be vulnerable to cybersecurity threats, requiring robust security measures.Know more about Autonomous Mobile Robots Market – Top Players, Cost Analysis, Competition, and Customer Expectation
What will you get in this report?
500 Pages and 160+ Exhibits Market ReportRevenue and Shipment data segmented:By form factor (Deck-load, Tugger/Pull, Forklift)By Navigation (Tape/Wire/Magnet, Reflector, QR Codes, LiDAR, Camera, Sensor, Fusion)By Function (Goods to person (G2P), Person to Goods (P2G), Conveying, Piece picking, Towing, Pallet Handling)By Application (Manufacturing, Logistics and Warehousing, Shipping, Delivery, Cleaning, Security, Hospital, Retail)Detailed excel file with 150+ market tables (Revenue and Shipment) including forecast till 2030A bottom-up analysis of Autonomous Mobile Robots Market for 19 countries (United States, Canada, Germany, UK, France, Italy, Spain, Nordics, China, Japan, South Korea, Australia, India, Taiwan, Thailand, Malaysia, Singapore, Indonesia, Phillippines) in 5 regionsIn-depth analysis of 700 companies in the ecosystem with more than 160 company profiles.Focus Group Discussion with 100+ key industry stakeholders across the value chain to collect the first-hand information to validate our analysis. Stakeholders include components and technology providers, system integrators, robot manufacturers (OEM/ODM), robotic software & service providers, and end-user industry verticals. Apart this, study also focuses on different components and integral parts of Autonomous Mobile Robots like Motion Control, Batteries & Chargers, Cameras / Vision Sensor, LiDAR, Sensor Fusion, QR Code and Wireless Communication.2 Analyst Sessions to brainstorm furtherInvestment details excel file with 175+ M&A and ~1000 funding dealsLogisticsIQ™ Exclusive Market Map (700+ Players across more than 15 categories)About LogisticsIQ
LogisticsIQ is a dedicated market research and advisory firm in Logistics & Supply Chain sector, empowering decision makers from top fortune 1000 companies, financial and research institutions, private equity and high potential start-ups with market insights to make better decisions. We enable this by analysing the right mix of the best data, the best research methodologies, and the best industry panel to deliver value to our clients.
Media Contact
Name: Sunny M.Email: [email protected]: +91-952-918-4938
Photo: https://mma.prnewswire.com/media/2510643/Autonomous_Mobile_Robots_Market.jpgLogo: https://mma.prnewswire.com/media/2320412/LogisticsIQ_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/autonomous-mobile-robots-amr-market-to-cross-10-billion-tam-with-around-500k-amrs-shipment-by-2030—logisticsiq-302253915.html
-
Artificial Intelligence4 days ago
DATAMARK Technologies Applauded by Frost & Sullivan for Advancing Location Determination Capabilities and Data Accuracy with Its Improved GIS and Indoor Mapping Solution
-
Artificial Intelligence4 days ago
Lab Automation Market to Reach $11.31 Billion by 2031, Driven by Rising Pharmaceutical & Biotech R&D Expenditures and Increasing Demand for Automated Laboratories and Instruments – Report by Meticulous Research®
-
Artificial Intelligence4 days ago
Tata Elxsi Inaugurates the ‘xG-Force’ 5G Applications Lab for Cross-Industry Digital Transformation
-
Artificial Intelligence4 days ago
Autoliv appoints Fabien Dumont as Executive Vice President & Chief Technology Officer
-
Artificial Intelligence5 days ago
Post-Quantum Cryptography (PQC) Market worth $1,887.9 million by 2029 – Exclusive Report by MarketsandMarkets™
-
Artificial Intelligence5 days ago
AXONI SELLS POST-TRADE TECHNOLOGY BUSINESS TO LSEG
-
Artificial Intelligence5 days ago
Notice of Intention to Delist from the London Stock Exchange
-
Artificial Intelligence7 days ago
Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the “Good of Humanity”