Lucintel Forecasts Sensor Market to Reach $323 Billion by 2030

According to the recent study the sensor market is projected to reach an estimated $323 billion by 2030 at a CAGR of 10.6% from 2023 to 2030. Growth in this market is primarily driven by growth of internet of things (IoT), increasing need of automation in various industries, and miniaturization of sensors.

Browse 88 figures/charts and 79 tables in this 186-page report to understand trends, opportunities and forecast in sensor market by product type (chemical sensor, temperature sensor, pressure sensor, image sensor, position sensor, bio sensor, flow sensor, level sensor, motion sensor, radar sensor and others), by end use industry (Industrial, healthcare, electronics, automotive, aerospace & defense, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecast that radar sensor is expected to witness the highest growth in the forecast period supported by increasing demand for sensors in advanced driving assistance system (ADAS) applications.

Industrial will remain the largest end use industry due to increased demand for automation and control in various industries, including oil and gas, chemical, and food & beverages. Healthcare industry is expected to witness the highest growth over the forecast period due to the increasing demand for Electrocardiography (ECG) sensors in cardiac treatment.

Download sample by clicking on sensor marketAsia Pacific is expected to remain the largest region during the forecast period due to growth in smart city projects, wearable devices, and increasing demand for ADAS in automotive industry.

Sony Corporation, STMicroelectronics, Analog Devices, Inc., ABB Ltd, NXP Semiconductors, Sensata Technologies, Texas Instruments, Robert Bosch Gmbh, and Infineon Technologies AG are among the major sensor providers.

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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Lucintel Forecasts Semiconductor Market to Reach $885 Billion by 2030

According to the recent study the semiconductor market is projected to reach an estimated $885 billion by 2030 at a CAGR of 5.6% from 2024 to 2030. Growth in this market is primarily driven by increasing price of semiconductor due to supply shortage, growth in wireless communication, increasing demand for advanced safety features in automotive, and growth in internet connected devices.

Browse 98 figures/charts and 60 tables in this 219-page report to understand trends, opportunities and forecast in semiconductor market by device (integrated circuit, discrete semiconductor, optoelectronics, and sensor), application (communication, consumer electronics, automotive electronics, pc/computer, industrial and others), by technology (artificial intelligence and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that integrated circuit will remain the largest segment due to increasing demand for memory ICs in smartphones, tablet PCs, and other personal media devices. Sensor is expected to witness the highest growth over the forecast period due to the increasing demand for advanced driver assistance system in automotive and growing consumer preference for IoT-enabled devices.

 Communication will remain the largest end use due to an increasing demand for wireless communication technology. The automotive segment is expected to witness the highest growth over forecast period due market recovery from COVID-19 and increasing electronics content in automotive.  

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APAC will remain the largest region over the forecast period due to a growing adoption of IoT (internet of things), increasing electronic content per vehicles, and growing industrial automation in countries such as China, Taiwan, and India. North America is expected to witness the highest growth over the forecast period due to growth in the automotive electronics and industrial electronics market.

Samsung Electronics, Intel, SK Hynix, Qualcomm, Broadcom, Texas Instruments, NXP Semiconductor, Micron Technology, Nvidia, and STMicroelectronics are the major supplier in the semiconductor providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

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Roy Almaguer
Lucintel
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Saudi Arabian Polyolefin Film Market is Expected to Reach $4 Billion by 2030- An Exclusive Market Research Report by Lucintel

Lucintel's latest market report analyzed that Saudi Arabian polyolefin film provides attractive opportunities in the packaging, construction, and agriculture end use industries. The Saudi Arabian polyolefin film market is expected to reach $4 billion by 2030 with a CAGR of 4.1% from 2023 to 2030. In this market, LLDPE is the largest segment by polymer type, whereas packaging is largest by end use industry.

Based on application, the Saudi Arabian polyolefin film market is segmented into LLDPE film, LDPE film, HDPE film, BOPP film, and CPP film. The LLDPE segment accounted for the largest share of the market in 2024 and is expected to register the highest CAGR during the forecast period, due to the growing usage in flexible and general packaging.

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The Saudi Arabian Polyolefin Film Market is marked by the presence of several big and small players. Some of the prominent players offering Saudi Arabian polyolefin film include APICO, Rowad Plastic, Gulf Packaging Industries, SABIC, ENPI Group, Al Sharq Plastic Industries.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

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Lucintel
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Lucintel Forecasts Recovered Carbon Black Market to Reach $632 Billion by 2030

According to the recent study the recovered carbon black market is projected to reach an estimated $632 billion by 2030, at a CAGR of 19.4% from 2023 to 2030. Growth in this market is primarily driven by increasing use of recovered carbon black in the tire industry and growing environmental concern towards low carbon footprints.

Browse 112 figures/charts and 93 tables in this 187-page report to understand trends, opportunities and forecast in recovered carbon black market by application (tire, non-tire rubber, and others), by end use industry (transportation, industrial, building and construction, printing and packaging, and others), by grade (commodity and specialty) and by region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that tires will remain the largest application over the forecast period supported by the increasing adoption of recovered carbon black by major tire companies for environment sustainability and for lowering manufacturing cost.

Transportation will remain the largest end use industry during the forecast period supported by increasing demand for tire and mechanical rubber goods.

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Asia Pacific will remain the largest region by value and volume and  it is also expected to witnesses the highest growth over the forecast period due to higher vehicle production and strong domestic & export demand for tires.

Pyrolyx, Scandinavian Enviro Services, Black Bear Carbon, Delta-Energy, Integrated Resource Recovery, Klean Carbon are among the major recovered carbon black providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

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Lucintel
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Lucintel Forecasts PVC Roofing Membrane Market to Reach $2 Billion by 2030

According to the recent study the PVC Roofing Membrane Market is projected to reach an estimated $2 billion by 2030 at a CAGR of 4.1% from 2023 to 2030. Growth in this market is primarily driven by growth in building and construction industry and stringent government regulations for energy efficiency.

Browse 92 figures/charts and 87 tables in this 160-page report to understand trends, opportunities and forecast in PVC roofing membrane market by end use industry (commercial, residential, and others), installation type (mechanically attached, ballasted, fully adhered, and others) and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that mechanically attached will remain the largest segment during the forecast period as it is the most common installation method due to its low cost and ease of installation.

Commercial will remain the largest end use industry during the forecast period due to growing demand for energy efficient roofing in commercial buildings.

Europe will remain the largest region by value and volume during the forecast period due to stringent government regulations, building codes for energy efficiency, and growth in the retrofit building and construction market.

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Carlisle Companies, Dow Chemical Company, Duro-Last Inc., GAF Materials, Johns Manville, Firestone Building Products, Sika AG, Godfrey Roofing Inc., SOPREMA Group, Fatra, AS, Technonicol, Alwitra, Protan, BAUDER, FLACHDACH, RENOLIT, Imper, and Polyglass are the major suppliers in the PVC roofing membrane market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

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Roy Almaguer
Lucintel
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Lucintel Forecasts Printed Circuit Board (PCB) Market to Reach $116 Billion by 2030

According to the recent study the printed circuit board (PCB) market is projected to reach an estimated $116 billion by 2030 at a CAGR of 4.3% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for PCB in the communication industry, growth in connected devices, and growth in automotive electronics.

Browse 137 figures/charts and 117 tables in this 229-page report to understand trends, opportunities and forecast in printed circuit board (PCB) market by end use industry (computer/peripheral, communication, consumer electronics, industrial electronics, automotive, military/aerospace, and others), product type (standard multilayer, flexible circuits, HDI/microvia/build-up, IC substrate, rigid 1-2 sided, rigid flex, and others), laminate material type (FR-4, flexible, paper, CEM and others), laminate raw material usage (glass fabric, epoxy resin, kraft paper, phenolic resin, and polyimide film), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that standard multilayers will remain the largest product type due to increasing demand in computer and communication industries.

Communication will remain the largest end use industry during the forecast period due to growing e-communication. The automotive segment is expected to witness the highest growth due to the increasing demand for electric and hybrid vehicles.

Asia Pacific is expected to remain the largest market and witness the highest growth over the forecast period due to the increasing electronic content in automotive, and growth in consumer electronic devices and telecommunication products. Increasing usage of electric vehicles due to growing environmental concerns and regulations is also expected to drive the demand for PCB in this region.

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NOK Corporation, Zhen Ding Technology, TTM Technologies, Unimicron Technology, Compeq Manufacturing, Young Poong Electronics, Ibiden, SEMCO, Tripod Technology, Daeduck, AT&S, and Nan Ya Printed Circuit Board are the major suppliers in the printed circuit board (PCB) market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

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Lucintel
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Lucintel Forecasts the Global Polyol Market to Reach $51 Billion by 2028

According to a market report by Lucintel, the future of the global polyol market looks promising with opportunities in the polyurethane (flexible & rigid foam), coating, adhesive, sealant, and elastomer markets. The global polyol market is expected to reach an estimated $51 billion by 2028 at a CAGR of 3.9% from 2023 to 2028. The major drivers for this market are increasing demand from developing regions, for energy efficient buildings, and growing demand from refrigerator and freezer manufacturers.

A more than 150–page report is developed to understand trends, opportunity and forecast in polyol market to 2028 by product type (polyether polyols and polyester polyols), application (polyurethane [flexible foam], polyurethane [rigid foam], coatings, adhesives, sealants and elastomers), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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Royal Dutch shell plc, Cargill Inc., Dow chemical’s, BASF SE, and Bayer AG are the major suppliers in the polyol market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
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Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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Lucintel Forecasts Polylactic Acid Market to Reach $9 Billion by 2030

According to the recent study the Polylactic Acid Market is projected to reach an estimated $9 billion by 2030 at a CAGR of 17% from 2023 to 2030. Growth in this market is primarily driven by increasing government regulation and environment friendly and better mechanical properties as compared to other biopolymers.

Browse 107 figures/charts and 68 tables in this 242-page report to understand trends, opportunities and forecast in polylactic acid market by product type (PLLA, PDLA, and PDLLA), end use (packaging, bio-medical, textile, agriculture, electronics, and others), raw material (corn starch, sugarcane & sugar beet, cassava, and others), product form (film & sheet, fiber, thermoforming, coating, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that packaging will remain the largest end use industry during the forecast period due to its biodegradable properties and favorable government policies.

L-Lactic polylactic acid will remain the largest segment and it is expected to witness the highest growth over the forecast period due to its increasing usage in packaging, biomedical, textile, and agriculture industry.

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Europe is expected to remain the largest market and will witness the highest growth over the forecast period supported by stringent government regulations, biodegradable, and mechanical properties.

Natureworks, Total Corbion, Pyramid Bioplastics, Weforyou, Zhejiang Hisun Group, Jiangsu SUPLA Bioplastic Co. Ltd., Synbra Technology bv, Sulzer, Toray Industries Inc., Futerro are the major suppliers in the polylactic acid market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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Phase Change Material Market is Anticipated to Grow at a CAGR of 14.2% during 2023 to 2030

The global phase change material market is projected to reach $1,742 billion by 2030, at a CAGR of 14.2% during 2023-2030. The growth of phase change material market is driven by growth in the construction industry, increasing demand for thermal packaging, and strict regulations for reducing carbon footprints.

Some of the key questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the phase change material market by product form (organic, inorganic, and bio-based and others), end use industry (building and construction, HVAC, cold chain and packaging, thermal energy storage, electronics, textile, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the phase change material market?

Q.4 What are some changing demands of customers in the phase change material market?

Q.5 What are the new developments in the phase change material market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this phase change material area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this phase change material market?

Market Segmentation:

Based on product form, the phase change material market is segmented into organic, inorganic, and bio-based and others. The organic segment accounted for the largest share of the market in 2024 and is expected to register the highest CAGR during the forecast period, due to the growing usage of paraffin waxes for electronics thermal management.

Europe is expected to be the largest region with the highest growth over the forecast period due to increasing demand from green building construction and development in the region.

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Key Players in the phase change material market are Honeywell, DuPont, Sasol, Croda, PureTemp, Pluss Advanced Technologies, Phase Change Energy Solutions, Rubitherm Technologies, Phase Change Materials Products, and Outlast Technologies.

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
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Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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