marketreports

  Advantages of Compound Sic Over Silicon Based Technology Driving the Growth of Power SIC Market. The global  Power SiC Marke t  is estimated to grow at a CAGR of 41.8% during the forecast period 2021-2026 and cross the $2 billion mark by 2025 reaching $2.78 billion in 2026, from around $541 million in 2020.  Although the market shall witness a slight downturn of around -10.4% in 2020 due to the impact of COVID-19, the market shall bounce back in 2021 on the back of strong consumer demand in automotive (specially EV’s), Energy and power end user segments driving growth. The high demand for electric vehicles and investments in charging infrastructure etc has actually cushioned the market demand drop for the overall market. The automotive industry having committed more than $300 billion for the development of the Electric vehicles ecosystem is the single largest driver for the power SiC market globally.  Power SIC Market Segment Analysis – By Wafer Size The deman...

  The Need for Radiation Hardened Device for Low-earth-orbit Will Drive the Radiation Hardened MCU Market. The  Radiation Hardened MCU Market  is expected to experience exponential growth over the next few years from $1.4 Billion in 2020 to $1.7 Billion in 2026 growing at a CAGR of 3.5% during 2021 to 2026. Radiation Hardened MCU was launched to benefit the space industry. The first ARM based microcontrollers that combine the benefits of commercial-off-the-shelf (COTS) technology with space-qualified versions consists of scalable levels of radiation performance. The growing adoption of radiation hardened microcontrollers for space applications including remote terminal units, propulsion system control, power control, mechanisms control and other applications such as critical avionics in flight systems, nuclear and medical products, military and defense applications are set to create opportunities for the growth of rad-hard MCU market Radiation Hardened MCU ...

  Increased Usage of HPIB in Fuel and Lubricant Additives Driving the Growth of India High Purity Isobutylene Market India High Purity Isobutylene market  size is forecast to reach $222.6 million by 2026, after growing at a CAGR of 8.4% during 2021-2026. High Purity Isobutylene (HPIB) demand is on the rise owing to its increased application in butyl rubber which is further used in the manufacturing of rubber products. Most of the growth in HPIB demand can be attributed to the expansion of end-use sectors such as rubber manufacturing and fuel additives. High Purity Isobutylene is used as an intermediate in the production of a variety of products in the chemical industry. Rising demand of butyl rubber and PIB is the prime factor fueling the demand of high purity isobutylene market in India.  COVID-19 Impact Global economies are currently recovering from the consequences of the globe-sweeping COVID-19 pandemic. As a result of the outbreak, various additive manufacturers acro...

  Digital Temperature Sensor Market size is   estimated to reach $4.3 billion by 2026 at a CAGR 9.9%   during the forecast period 2021-2026. The growth of Digital Temperature Sensor market is majorly attributed to the rising demand for integrated humidity and temperature sensors to provide high accuracy measurements with low power requirements in order to simplify asset monitoring solutions preventing from premature equipment failure. Increasing penetration of digitalization in sensing technology is estimated to drive Digital Temperature Sensor Market. The burgeoning demand for advanced electronics products for consumer electronics including smartphones, smart wears or smart home applications is significantly triggering the market. Presence of temperature sensors integrated with   heating, ventilation air conditioning (HVAC) system   in autonomous cars or electric vehicles are also contributing to the Digital Temperature Sensor market growth. Request Sample Digi...