Semiconductors – Pan Market Consulting

Semiconductors

The global 3D printing market accounted for USD 10.5 billion in 2019. The market is projected to register growth at a CAGR of 12.8% during forecast period.
COVID-19 has impacted 3D printing market significantly. The demand for 3D printing is declining due to global pandemic across various industries such as construction, defense & aerospace and automotive. The supply chain has been affected due to travel restriction. The growth in this has been negatively affected due to spread of corona virus.

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The global artificial intelligent in manufacturing market was a valued at USD 0.9 billion in 2019. It is projected to grow at a CAGR of 47.2% during forecast period.
COVID-19 has impacted artificial intelligent in manufacturing market. This pandemic has disrupted the supply chain and timely devilry of finished products. This has made all industries to reconsider and adapt to the global supply chain model. The production of many industries was halted. The new technology upgrade for many industries has been postponed to recover losses due to lockdown. The growth in AI is totally dependent on growth in manufacturing units. Due to corona virus pandemic manufacturing units upgrade is on halt thus the growth AI in manufacturing unit is expected to be slow. AI market is affected negatively by COVID-19.

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The global digital twin market accounted for a value of USD 3.9 billion in 2019. The market is projected to register growth at a CAGR of 40.2% during forecast period.
COVID-19 has impacted the digital twin market significantly. The growth of end-use industries is immensely affected due to spread of corona virus. The demand for various products is showing negative trend. The supply chain has been disrupted and companies are unable to meet timeline of finished product delivery. The major end-user industries such as transportation & automotive, energy & power and aerospace & defense have seen significant decline in their respective products. The digitization is likely to resume growth post COVID-19 and demand of digital twin market is likely to witness boost from 2021.

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The global geotechnical instrumentation and monitoring market accounted for a value of USD 3.1 billion in 2019. The global geotechnical instrumentation and monitoring market is estimated to grow at a CAGR of 7.5% during the forecast period.
COVID-19 has impacted GTIM market. The demand for such tools has been declined as the construction activities are stopped by lockdown. In 2020 it is expected to show a significant decline due to virus outbreak. The supply chain and timely delivery is difficult to achieve due to this global pandemic. The raw material supply is also facing difficulties. The reduction in fixed income due to corona virus and lockdown is another factor contraction of GTIM market. It will showcase some growth after resuming all the halted construction projects.

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Image sensors market accounted for USD 19.0 billion in year 2019. This is projected to grow at a CAGR of nearly 7.6% during the period of 2020-2026.
Covid19 has hit the automotive sector immensely. The production of sensors is almost on paused across the globe due lockdown and social distancing norms. There is a shortage of raw materials for production to resume. Thus the image sensors market is expected to witness drop due to pandemic.

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The Interactive display Market accounted for USD 8.5 billion in year. It is projected to grow at a CAGR of 7.3% over the forecast period.
However Covid19 has affected interactive display market adversely. Many of the companies were on a complete shutdown during the lockdown period and this has affected their business adversely. As the social distancing has become new normal these days the use of various technologies such as face reorganization, Touch less touch points and thermal screen solution are much in demands.

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The global power bank market accounted for a value of USD 13.3 billion in 2019. The global power bank market is projected to register growth at a CAGR of 4.1% during the forecast period.
COVID-19 has impacted all the businesses across the globe. The power bank market is also deeply affected by this global pandemic and it is expected to showcase some decline during forecast period. The supply chain is deeply disrupted due to lowdown and movement restriction norms. The manufacturing was on halt for few months. The supply of raw material is difficult. The recovery in power bank sector is totally dependent on how markets and companies cope with the low demand.

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Public safety-LTE market is expected to witness a huge growth over the forecast period. IN 2019 the PS-LTE will be accounted for 4.2 billion. This market is expected to grow at CAGR of 18.3% over the period of 2020 to 2026.
The on-going lockdown across the globe has negatively impacted the public safety market. Many companies remained shut down for a longer period which has affected the supply chain. With the current social distancing norm it has become difficult for companies to find vendors for supplying equipments.

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The global semiconductor manufacturing equipment market accounted for a value of 74.4 billion in 2019. Semiconductor manufacturing equipment market is projected to register growth at a CAGR of 4.9% during forecast period.
COVID-19 has impacted the semiconductor mfg. equipment market negatively. The production facilities were closed during lockdown period. The supply chain was disrupted due to travel restriction within the country around the world. The operation and business of semiconductor industries is immensely affected. The demand for such products has been declined due to COVID-19.

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The global smart home market accounted for 74.6 billion in 2019. The smart home market is estimated to register growth at a CAGR of 12.0 % during the forecast period.
COVID-19 has impacted smart home market severely. It is estimated to foresee decline of 5-10% due to this global pandemic. The corona virus outbreak has adverse impacts on major markets such as china and US. There is a disruption in supply chain due to lockdown and movement restrictions which led to decrease in demand for smart home systems worldwide. The construction activities are halted and the manufacturing facilities are also temporarily shutdown. It has hampered the demand and supply of smart home systems.

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The global DC-DC converter market accounted for a value of USD 8.1 billion in 2019. and is projected to register growth at a CAGR of 12.9% during forecast period.
COOVID-19 has impacted DC-DC converter market as the manufacturing facilities have to shut or halt production of equipment due to lockdown. The supply chain of raw materials and finished products is disrupted due to travel restriction. The demand for DC-DC converter is declined from end-users due to this pandemic. The DC-DC converter market is likely to see growth post COVID-19.

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The global virtual reality market accounted for a value of 5.4 billion in 2019. Virtual reality market is projected to register growth at a CAGR of 20.9% during forecast period.
COVID-19 has impacted all the businesses over the globe. The number of cases is increasing around the world and this generated demand for large number of healthcare facilities and medical devices to treat patients around the world. The healthcare facilities is expanding across the world and improving their infrastructure which leads to rise in demand for virtual reality across the world.

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The global asset management system market accounted for a value of USD 14.2 billion in 2019 and is projected to register growth at a CAGR of 8.7% during forecast period.
COVID-19 has impacted the asset management system market. The outbreak of corona virus has adversely disrupted functioning of various industries and dynamics of industries are changing drastically around the globe. The supply chain got disrupted due travel restriction and lockdown. The industries are facing cash flow issues and manufacturing of products have to halt. This results in decrease in demand for asset management system significantly due to COVID-19.

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The global display panel market accounted for a value of USD 135.2 billion in 2019 and is projected to register growth at a CAGR of 3.5% during forecast period.
Covid19 has impacted display panel market. The manufacturing units have to halt its production due to lockdown. The supply chain got disrupted due to travel restriction and the export from other countries is also suspended due to border closer. The research and development activities are suspended and launch of new products got postpone until end of 2020. The consumption of products such as TVs, Smatphones is declining around the world. The COVID-19 has significant negative impact on the display panel market.

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The global industrial power supply market accounted for a value of USD 9.0 billion in 2019 and is projected to register growth at a CAGR of 4.2% during forecast period.
COVID-19 has impacted the industrial power supply market. The industries around the globe are temporarily closed which reduces power requirements by industrial sector. The government has implemented nation wise lockdown due to which major manufacturing units have to halt. The demand for industrial power has declined immensely due to pandemic.

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The global microdisplay market accounted for a value of USD 609 million in 2019 and is projected to register growth at a CAGR of 34.8% during forecast period.
Covid19 has impacted microdisplay market. The manufacturing units have to halt its production due to lockdown. The supply chain got disrupted due to travel restriction and the export from other countries is also suspended due to border closer. The majority of the microdisplay manufacturers are based in China and this corona virus is originated from China. The research and development activities are suspended and launch of new products got postpone until end of 2020. The COVID-19 has significant negative impact on the microdisplay market.

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The global micro-LED market accounted for a value of USD 376 million in 2019 and is projected to register growth at a CAGR of 71.3% during forecast period.
COVID-19 has impacted the micro-LED market. The manufacturing have to halt its production due to lockdown and the supply chain of raw material and finished products is disrupted due to travel restriction. The demand from end-user industry is declining due to increasing cases of corona virus. The consumption and use of smartphones, TV and notebooks is decreasing and this decreases the market for micro-LED. The market growth is likely to boost post COVID-19.

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The global optical interconnect market accounted for a value of USD 7.3 billion in 2019 and is projected to register growth at a CAGR of 12.1% during forecast period.
COVID-19 has impacted the optical interconnect market. The manufacturing units have to halt its production due to lockdown and the supply chain of finished products and raw material got disrupted due to travel restriction. The adoption of cloud computing segment is widely increasing as almost all the organizations are working from home due to outbreak of corona virus.

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The global smart agriculture market accounted for a value of USD 11.9 billion in 2019 and is projected to register growth at a CAGR of 8.1% during forecast period.
COVID-19 has impacted the smart agriculture market. The supply chain of various industry of smart agriculture such livestock monitoring, precision farming and forestry got disrupted due to travel restriction and lockdown implemented by governments of various countries and this resulted in increase in demand for farm management and remote monitoring technology software tools. However, the market for this software is likely to grow more post COVID-19. The demand for agriculture equipments and technologies is declining due to outbreak of corona virus. The market for smart agriculture is likely to witness higher growth post COVID-19.

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The global smart sensor market accounted for a value of USD 33.1 billion in 2019 and is projected to register growth at a CAGR of 15.2% during forecast period.
COVID-19 has impacted the smart sensor market. The manufacturing units have to halt its production due to lockdown. The supply chain of raw material and finished products got disrupted due to travel restriction. The import and export activities also suspended due border closer by government. The demand for smart sensors is declined from end-user industry as majority of end-user industry are shut and there is decline in sales of products of such industries. The market for smart sensor is likely to grow post COVID-19.

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The global AI in healthcare market accounted for a value of USD 4.0 billion in 2019 and is projected to register growth at a CAGR of 37.9% during forecast period.
COVID-19 has impacted the AI in healthcare market. The government has implemented various initiatives such as lockdown, social distancing and travel restriction norms. The social distancing is very hard to follow inside the hospital and there is high chance of spreading corona viruses among healthcare staff. The adoption of AL and various other technologies in healthcare helps in maintaining social distancing while taking care of corona virus patience. The remote monitoring is also possible using AI in healthcare and it helps in tracking corona virus patients. The market for AI is likely witness growth due to COVID-19.

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The global AI infrastructure market accounted for a value of 11.9 billion in 2019 and is projected to register growth at a CAGR of 18.3% during forecast period.
COVID-19 has impacted the AI infrastructure market. The spending in global AI technology is expected to decline by the end of 2020. The artificial intelligence infrastructure growth has slowed down due to reduced manufacturing capacity and slowdown of hardware supply. The solution and service providing businesses are estimated to showcase decline for a short time whereas the adoption of analytics, AI, security and collaboration is expected to foresee growth in this ongoing pandemic.

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The global embedded system market accounted for a value of USD 78.7 billion in 2019 and is projected to register growth at a CAGR of 4.8% during forecast period.
COVID-19 has impacted the embedded system market. The operations of industries manufacturing hardware components and software solutions has disrupted due to lockdown. The hardware and software embedded systems used by automotive. The hardware and software embedded systems used by automotive, aerospace & defense, healthcare, consumer device and others around the world. The ongoing pandemic has impacted the business of the end-users companies. This declined the growth of embedded system market during forecast period.

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The global industrial IoT market accounted for a value of USD 70.5 billion in 2019 and is projected to register growth at a CAGR of 5.8% during forecast period.
COVID-19 has impacted the industrial IoT market but not significantly. The production processes across industrial sector have to halt due to lockdown and this leads to decline in demand for industrial IoT market. The adoption of industrial IoT is decreasing due to shut down of various industries across the world. The supply chain got disrupted due o travel restriction to reduce transmission of corona virus and this has affected the market during COVID-19.

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The global industry 4.0 market accounted for a value of 67.1 billion on 2019 and is projected to register growth at a CAGR of 14.1% during forecast period.
COVID-19 has significantly impacted market for industry 4.0. The production in manufacturing facilities is shut down due to lockdown. The end-user verticals have faced a huge decline in their market which reduces adoption of new technology in the manufacturing facilities. The R&D activities in industry 4.0 are also on halt around the world. The market for industry 4.0 is likely to witness sluggish growth during forecast period due to ongoing pandemic.

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The global IoT chip market accounted for a value of USD 360.6 in 2019 and is projected to register growth at a CAGR of 5.5% during forecast period.
COVID-19 has impacted the IoT chip market. The manufacturing units have to halt its production and supply chain got disrupted due to lockdown and travel restriction. The demand for end-user is declining as the demand for electronics devices, machines and others objects is decreasing around the world. The pandemic has reduced the demand for IoT chip and the growth is slowed down due to COVID-19.

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The global millimeter wave technology market account for a value of USD 819 million in 2019 and is projected to register growth at a CAGR of 22.6% during forecast period.
COVID-19 has impacted the millimeter wave technology market. The manufacturing units have to halt its production and supply chain got disrupted due to lockdown and travel restriction. The export and import activities are suspended due to fear of further spread of corona virus. The growth of consumer electronics segment is declining and this decreases demand for millimeter wave technology. The pandemic has disrupted the growth of millimeter wave technology during forecast period.

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The global NB-IoT chipset market accounted for a value of USD 395 million in 2019 and is projected to register growth at a CAGR of 37.1% during forecast period.
COVID-19 has impacted the NB-IoT chipset market. The manufacturing units have to temporarily shut down and the logistics and supply chain got disrupted due to travel restriction and lockdown imposed to control transmission of corona virus. The export and import activities are suspended in major countries due to fear of spread of corona virus. Due to these factors, the market growth for NB-IoT chipset market is likely to be slow during forecast period.

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The global optical communication and networking equipment market accounted for a value of USD 16.3 billion in 2019 and is projected to register growth at a CAGR of 7.3% during forecast period.
COVID-19 has impacted the optical communication and networking equipment market. The manufacturing units have to halt its production due to lockdown and the supply chain is disrupted and the export and import activities are suspended due travel restriction. The China account for largest market value in optical fiber industry and the outbreak of corona virus is took place in Wuhan, China for the first time and this has disrupted China’s market in optical fiber industry.

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The global smart retail market accounted for a value of USD 17.8 billion in 2019 and is projected to register growth at a CAGR of 19.7% during forecast period.
COVID-19 has impacted the smart retail market. The governments across various countries have imposed the lockdown to control transmission of corona virus due to which retail market have to shut and retail shops for only necessary items are allowed to open for particular time. The supply chain got disrupted due to which there were shortage of stock in retail shops. The online stores couldn’t deliver the items for few months. This reduces the adoption of smart retail technologies. The pandemic leads to slow growth of this market.

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