Tag: Lighting

IGBT And Super Junction MOSFET Market Is Expected To Reach USD 10.74 Billion By 2020

The global IGBT And Super Junction MOSFET Market is expected to reach USD 10.74 billion by 2020, according to a new study by Grand View Research, Inc. The need for high energy efficiency coupled with green initiatives is expected to be the key market driver over the forecast period. Changing consumer preferences have led to high demand for electric vehicles, which is also expected to drive power electronics adoption, and thus the IGBT & super junction MOSFET market.

The data center market has witnessed growth, which has spurred data center UPS market growth across organizations. High renewable energy demand has led to increased installation of wind turbines, which is expected to favorably impact the global market. The availability of alternatives to these products may restrain market growth over the next six years. Growing smart grid infrastructure is expected to serve as a considerable growth opportunity for companies operating in the market.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/igbt-and-super-junction-mosfet-market

Further key findings from the study suggest:

  • IGBT accounted for the majority of the overall market in 2013; this can be attributed to the significant IGBT module market. These modules are used in inverter applications, and enabling equipment miniaturization is expected to be the key driving factor for this segment. Reduced heat dissipation along with higher efficiency is expected to fuel the super junction MOSFET market over the next six years.
  • Electric and hybrid electric vehicles are expected to witness the highest growth over the forecast period. IGBT is largely used in these vehicles as compared to its counterpart, which is mainly on account of low cost and a considerable number of application areas such as in lighting and infotainment. The proliferation of consumer electronics has positively impacted the converters/chargers segment. 
  • Asia Pacific is expected to remain the dominant regional market over the next six years; it accounted for over 35% of the market share in 2013. High demand for efficient power semiconductors across end-use industries is expected to fuel the regional market over the forecast period.
  • Notable industry participants include Infineon Technologies, STMicroelectronics, Fuji Electric, Vishay Intertechnology, and Mitsubishi Electric. Establishing a strong global presence and a competitive product portfolio are among other key initiatives adopted for sustaining in the market.

Net-Zero Energy Buildings Market Size Worth $78.79 Billion By 2025

The global net-zero energy buildings (NZEBs) market is projected to reach USD 78.79 billion by 2025, according to the new report by Grand View Research, Inc. Net-zero energy buildings are those buildings where ideally 100% of their energy is generated and met with onsite renewable energy sources, thereby reducing the energy consumption over a span of time. ZNE (Zero Net Energy) buildings include ZNE emerging and ZNE verified buildings.

ZNE verified buildings are those buildings that meet the net energy consumption through onsite renewable energy technologies over a course of time. The energy is produced from onsite renewables instead of fuels such as electric, natural gas, and steam. Whereas ZNE emerging buildings have specified targets for achieving nearly-zero energy but are yet to meet the goals as per the definition of ZNE verified buildings. Such emerging buildings are usually in the planning or designing phase or under construction with less than one year of operation.

Technological advancements coupled with stringent policies and programs are expected to considerably propel the demand and adoption of NZEBs. ZNE projects are targeting buildings such as schools, institutional buildings, corporate offices, and public buildings across the globe. The market is expected to gain traction over the forecast period on account of specified targets and regulations laid down by organizations striving to achieve sustainability and reducing carbon emissions. The U.S. consists of relatively more verified and emerging ZNE buildings than other countries. Projects are being undertaken to convert the districts into nearly-zero energy buildings and green buildings.

The regional laws, authorities, bodies, organizations, concerned government departments are working with regional architects, designers, builder & contractors, equipment manufacturers, and material suppliers to promote self-energy sufficient buildings. The large number of successful projects with the use of current technologies and design approaches have created awareness among the population regarding how realistic and achievable the net-zero energy goals are.

The industry is gaining momentum and is predicted to exhibit robust growth, creating lucrative opportunities for equipment producers, material suppliers, and service providers. HVAC systems are one of the most important and energy-consuming parts in the entire building structure. The HVAC systems segment accounted for the largest market share and is anticipated to continue dominating the market over the forecast period.

The consulting & designing services segment is expected to grow at a notable rate and generate healthy revenue over the estimated duration. Furthermore, local and regional organizations are shifting their focus on the residential sector, which is also expected to drive the segment growth. The European region is likely to project a robust growth rate owing to the rising concerns for environment protection, stringent policies, building codes, and sustainability goals stated by the governments of the countries in this region. Large investments made by regional manufacturers and keen emphasis by the monitoring authorities on the adoption of net-zero energy buildings are the major influencing factors for the regional market’s substantial growth over the forecast period.

In addition to the analysis of global net-zero energy buildings market trends, the report highlights the opportunities and barriers involved in achieving net-zero energy targets. Moreover, it provides a review on the investor opportunities with key questions answered from an investor’s perspective. It also explains the significance of green buildings in improving a business.

Owing to the potential opportunities of the regional market, the energy performance and requirements for different climatic zones, particularly in the European region, is explained in the report. The U.S. accounted for the largest market share in 2016 on account of the large number of ZNE buildings in the country. As such, a list of ZNE verified buildings is provided so as to understand the country’s pattern of adopting the technological concept along with its future demands for net-zero emerging buildings.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/net-zero-energy-buildings-nzebs-market

Further key findings from the report suggest:

  • The net-zero energy is achievable globally with appropriate building codes, regulations, and monitoring irrespective of the climatic conditions and zones.
  • The ecological sustainability concept of NZEBs is applicable for almost all building types and sizes, including institutional buildings, university buildings, corporate offices, high-rise and low-rise apartments or bungalows, and manufacturing plants.
  • Upcoming U.S. projects to convert districts into net-zero energy buildings are expected to lead the country to capture a large market share over the forecast period.
  • The growing emphasis on converting or refurbishing existing buildings into self-sustainable ones is predicted to drive the market considerably.
  • The private sector is expected to witness wide opportunities from the globally increasing demand for ZNE infrastructure.
  • The residential buildings segment is expected to exhibit robust growth over the forecast period.
  • The walls & roofs segment is anticipated to grow considerably owing to the increasing upgrades and improvements carried out in walls & roofing products.
  • The European region is projected to exhibit robust growth and generate healthy revenue in the coming years, followed by Asia Pacific region, which is also predicted to grow considerably over the forecast period.
  • Prominent players in the industry include General Electric, Johnson Controls, Schneider Electric, SunPower Corporation, and Autodesk, Inc., among others.

LED Driver Market Size Worth $11.31 Billion By 2025

The global LED driver market size is expected to reach at USD 11.31 billion by 2025, according to a new report by Grand View Research, Inc. The light-emitting diode driver market is projected to expand at a CAGR of 16.3% over the forecast period. LEDs have emerged as an energy-efficient alternative to traditional light sources in the last decade; thus, they have extensive demand in lighting and display segments across several industries. LED lighting is replacing the traditional lighting products due to their benefits, such as longer life, higher energy-efficiency, miniaturization, lower heat output, and directionality.

Moreover, rising demand for IOT-based connected lighting solutions due to the rising number of smart homes in developed countries will contribute to the LEDdrivermarket growth. Furthermore, governments of various countries have launched Smart City initiatives to improve the energy-efficiency of populated cities, which is anticipated to boost the market further. Demand for the constant current LED driver has witnessed exponential growth from 2015 to 2018; these drivers are widely used in high brightness and outdoor lighting applications.

The consumer electronics segment is the largest application segment in the market as LEDs have extensive demand in television and display panels applications. Many leading manufacturers are collaborating with other companies to deliver public lighting systems to cities around the world connected with remote management for energy saving and efficient maintenance. For instance, Philips Lighting N.V. has collaborated with Vodafone Limited to deploy IoT-based wireless Smart Street lighting across the globe.

There is a high demand for energy-efficient and highly reliable products with a smaller system package and lower cost for applications in the low- to mid-power range. To meet these requirements, manufacturers are incorporating Primary-Side Regulation (PSR) to lower the costs by eliminating secondary feedback circuitry and Power-Factor Correction (PFC) circuitry for higher power quality.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/led-drivers-market

Further key findings from the study suggest:

  • The constant current segment is anticipated to expand at the highest CAGR of 16.7% from 2019 to 2025. These type of drivers provide greater system reliability for general lighting applications
  • The application lighting segment is anticipated to witness the maximum CAGR of 18.6% over the forecast period
  • On the other hand, consumer electronics application segment is estimated to account for the largest market share by 2025
  • Asia Pacific led the market in 2018 and is projected to maintain the dominance throughout the forecast years due to stringent regulations across region, which fuel the demand for efficient lighting solutions
  • Key industry participants include AC Electronics; Atmel Corp.; Cree, Inc.; General Electric Company; Koninklijke Philips N.V.; Lutron Electronics Co.; On Semiconductor Corp.; and Osram GmbH

Net-Zero Energy Buildings Market Size Worth $78.79 Billion By 2025

The global net-zero energy buildings (NZEBs) market is projected to reach USD 78.79 billion by 2025, according to the new report by Grand View Research, Inc. Net-zero energy buildings are those buildings where ideally 100% of their energy is generated and met with onsite renewable energy sources, thereby reducing the energy consumption over a span of time. ZNE (Zero Net Energy) buildings include ZNE emerging and ZNE verified buildings.

ZNE verified buildings are those buildings that meet the net energy consumption through onsite renewable energy technologies over a course of time. The energy is produced from onsite renewables instead of fuels such as electric, natural gas, and steam. Whereas ZNE emerging buildings have specified targets for achieving nearly-zero energy but are yet to meet the goals as per the definition of ZNE verified buildings. Such emerging buildings are usually in the planning or designing phase or under construction with less than one year of operation.

Technological advancements coupled with stringent policies and programs are expected to considerably propel the demand and adoption of NZEBs. ZNE projects are targeting buildings such as schools, institutional buildings, corporate offices, and public buildings across the globe. The market is expected to gain traction over the forecast period on account of specified targets and regulations laid down by organizations striving to achieve sustainability and reducing carbon emissions. The U.S. consists of relatively more verified and emerging ZNE buildings than other countries. Projects are being undertaken to convert the districts into nearly-zero energy buildings and green buildings.

The regional laws, authorities, bodies, organizations, concerned government departments are working with regional architects, designers, builder & contractors, equipment manufacturers, and material suppliers to promote self-energy sufficient buildings. The large number of successful projects with the use of current technologies and design approaches have created awareness among the population regarding how realistic and achievable the net-zero energy goals are.

The industry is gaining momentum and is predicted to exhibit robust growth, creating lucrative opportunities for equipment producers, material suppliers, and service providers. HVAC systems are one of the most important and energy-consuming parts in the entire building structure. The HVAC systems segment accounted for the largest market share and is anticipated to continue dominating the market over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/net-zero-energy-buildings-nzebs-market

Further key findings from the report suggest:

  • The net-zero energy is achievable globally with appropriate building codes, regulations, and monitoring irrespective of the climatic conditions and zones.
  • The ecological sustainability concept of NZEBs is applicable for almost all building types and sizes, including institutional buildings, university buildings, corporate offices, high-rise and low-rise apartments or bungalows, and manufacturing plants.
  • Upcoming U.S. projects to convert districts into net-zero energy buildings are expected to lead the country to capture a large market share over the forecast period.
  • The growing emphasis on converting or refurbishing existing buildings into self-sustainable ones is predicted to drive the market considerably.
  • The private sector is expected to witness wide opportunities from the globally increasing demand for ZNE infrastructure.
  • The residential buildings segment is expected to exhibit robust growth over the forecast period.
  • The walls & roofs segment is anticipated to grow considerably owing to the increasing upgrades and improvements carried out in walls & roofing products.
  • The European region is projected to exhibit robust growth and generate healthy revenue in the coming years, followed by Asia Pacific region, which is also predicted to grow considerably over the forecast period.
  • Prominent players in the industry include General Electric, Johnson Controls, Schneider Electric, SunPower Corporation, and Autodesk, Inc., among others.