Global Alkaline Primary Batteries Market

Switchgear Market Definition

The switchgear market consists of sales of switchgear and related services by entities (organizations, sole traders and partnerships) that produce switchgear that are used in various applications such as in transmission and distribution utility, residential, commercial and industrial settings. Switchgear refers to a collection of switching devices including electrical disconnect switches, fuses or circuit breakers, which are used for controlling, protecting, and switching the electrical circuits and equipment. Under fault conditions, it detects the fault and interrupts the flow of electricity to the affected section, thereby isolating it from the healthy circuit

The high voltage switchgear market consists of sales of high voltage switchgear and related services. The high voltage switchgear are electrical equipment used in an electrical path to deal with voltage above 36kV and are designed to perform some operations such as control, regulate, and switch on/off as needed in electric circuit. The global high voltage switchgear market is expected to grow from $11.31 billion in 2020 to $11.85 billion in 2021 at a compound annual growth rate (CAGR) of 4.8%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $14.19 billion in 2025 at a CAGR of 5%. The high voltage switchgear maket covered in this report is segmented by insulation type into gas insulated, oil insulated, air insulated. The demand for electricity generation is projected to drive the high voltage switchgear market. Availability of electricity has become essential for the economic development and poverty allevation. Development of industrialization, urbanization requires continuous electricity supply, and reliability of the electrical supply depends heavily on the performance of the switchgear. Therefore, electricity demand is driving the demand of high voltage switchgears in the forecast period. For instance, according to IEA, a Paris-based autonomous intergovernmental organization, global electricity demand expected to grows at 2.1% per year to 2040, twice the rate of primary energy demand. Unstable prices of raw materials are restraining the high voltage switchgear market. Prices fluctuate due to availability of low quality materials at cheaper prices of high voltage switchgear. This arises the risk of breakdown of insulation layers or short circuit conditions and other failures. Thereby inconsistent pricing in raw materials of high voltage switchgear is expected to hinder the market growth. A survey was conducted by Manufacturers’ Outlook Survey, in 2019, within the switchgear manufacturing companies, across globe. According to the survey, 79.8% of respondents consider the cost of raw material as the top concern in manufacturing of switchgears. Electronic and Telecommunication companies are increasing the implementation of mobile substations. Installation of mobile substations enables to restore electricity under outdoor conditions or in unforeseen circumstances and are functionally designed to provide temporary power supplies as quickly as possible. In addition, these mobile substations incorporates generator, transformer, metal clad switchgear, outdoor load break switches and breakers, which is used for network extensions, and temporary switching stations. For instance, ABB Group, a Switzerland multinational corporation designed the mobile substation for the Italian railway network. Thereby, the use of mobile substations as per necessity energy generation is becoming latest trend in the market. In April 2019, Eaton Corporation, an Irish based power management company acquired 82.27% majority stake in Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S. Acquisition of Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S was aimed to strengthen Eaton Corporation in manufacturing of electrical equipment. Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S, a Turkey-based company, is in the manufacturing of switchgear, distribution transformers, substation kiosks, and medium-voltage cable connection systems. The major players covered in the global high voltage switchgear market are ABB Ltd., General Electric, Company Crompton Greaves Limited, Fuji Electric, Hitachi, Hyosung Corporation, Mitsubishi Electric Corporation, Toshiba Electric Corporation, Siemens AG, Eaton Corporation, Schneider Electric SE, China XD Electric Group Co. ltd, Henan Pinggao Electric Co., Ltd., Hyundai Heavy Industry, Ltd, Nissin Electric, Shanghai Siyuan Electric Co., Ltd, BHEL, LSIS, Shenyang High-Voltage Switchgears Ltd, Energomash, New Northeast Electric Group High Voltage Switchgear Co., Ltd, Shandong Taikai High-volt Switchgear Co., Ltd, Larsen &Turbo, Hubbell, Powell Industries, Rittal, Meidensha Corporation, Iljin Electric, Ormazabal, Alstom SA, OJSC Power. The countries covered in the global high voltage switchgear market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia. The regions covered in the global high voltage switchgear market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global high voltage switchgear market is segmented - 1) By Insulation type: Gas Insulated, Oil Insulated, Air Insulated 2) By Application: Transmission And Distribution Network, Manufacturing & Processing, Infrastructure & Transportation 3) By Product Standard: IEC Stardard, ANSI Standard 4) By Component: Circuit Breakers, Relays, Other

The memory chip market consists of sales of memory chips. A memory chip is a semiconducting chip comprising of numerous capacitors and transistors that can hold the data temporarily through random access memory (RAM), or permanently through read only memory (ROM). The global memory chips market is expected to grow from $75.08 billion in 2020 to $82.35 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $102.6 billion in 2025 at a CAGR of 6%. The memory chip market covered in this report is segmented by type into volatile, non-volatile. Rising penetration of mobile, tablet and other electronics and rising data consumption will drive the memory chip market. Increase in sales of electronic devices such as smart phones and tablets leads to an increase in generation and consumption of digital content and require memory chips to store data. For example, the total number of smart phone devices across the world is expected to reach 6 billion by 2020, i.e. eight people out of 10 will own a smartphone by 2020, eventually driving the revenues of memory chip manufacturing companies. This increasing use of smart phones is expected to increase the necessity to store data, hence driving the memory chip market. Corruption of memory chip restrains the growth of memory chip market. The corruption of the memory chip leads to loss of data stored in memory card. Sudden power surge, formatting, virus attacks, and sudden removal of memory card from any device are some common factors responsible for corruption of memory card. Additionally, reasons such as shooting and deleting files rapidly when the card is full and capturing photos when the camera is on low battery could lead to corruption of memory card ultimately leading to loss of the data stored in the chip. Therefore, risk of losing data due to corruption of memory chip hampers the growth of the market. Companies in the memory chip market are developing chips with major technological changes that contribute to the growth of demand for memory chips. Researchers are creating memory chips that can store and process the data, reducing the time and energy required to transfer data and increase the speed of processors. For instance, Samsung Electronics announced mass production of fifth-generation V-NAND memory chips that transfer data faster and additionally has the fastest data write speed at 500-microseconds (µs). This write speed is a 30% improvement over the previous generation, and the read-time has significantly reduced to 50µs. Technological advances reducing the data transfer time and energy contribute to the growth of the market. In June 2019, Infineon Technologies AG, a German semiconductor manufacturer acquired Cypress Semiconductor Corporation for $10 billion. This acquisition will help Infineon Technologies AG to serve broad range of applications. This transaction will initiate further increase the potential of growth in automotive, industrial and internet of things (IoT) markets and make the business model of Infineon stronger. Cypress Semiconductor Corporation., based out of USA, manufactures various digital and mixed-signal integrated circuits. The major players covered in the global memory chips market are Samsung Group, Sony Corporation, Toshiba, SK Hynix, Micron Technology, Intel, Transcend Information, Fujitsu Microelectronics Inc., NXP, Broadcom, Qualcomm, Texas Instruments, Western Digital, Taiwan Semiconductor, Tsmc, Ti, Mediatek, Avago, Renesas. The countries covered in the global memory chips market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia. The regions covered in the global memory chips market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global memory chips market is segmented - 1) By Type: Volatile, Non Volatile 2) By Application: Laptop/PCs, Camera, Smartphone 3) By Sales Channel: OEM, Aftermarket

Communication And Energy Wire And Cable Market Characteristics

The communication and energy wire and cable market consists of sales of communication and energy wires and cables by entities (organizations, sole traders and partnerships) that produce insulating fiber optic cable, and insulated nonferrous wire and cable from nonferrous wire drawn in other establishments.

The wires and cables market consists of the sales of new wires and cables by entities (organizations, sole traders and partnerships) that manufacture insulated fiber optic cables which are network cables containing strands of glass fibers inside an insulated case, and coaxial cables and other insulated nonferrous wires which are copper and aluminum wires used by industries including energy, automotive, telecoms and others. The wires and cables market does not include sales from services, repair and maintenance of wires and cables. The wires and cables market is segmented into coaxial cables; fiber optical cable and other cables. The global wires and cables market is expected to grow from $213.38 billion in 2020 to $232.13 billion in 2021 at a compound annual growth rate (CAGR) of 8.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $308.02 billion in 2025 at a CAGR of 7%. Asia Pacific was the largest region in the global wires and cables market, accounting for 52% of the market in 2020. North America was the second largest region, accounting for 18% of the global wires and cables market. Africa was the smallest region in the global wires and cables market. Technological advances in the communication industry are expected to be a key driver of the wires and cables market. Advances in fiber optic networks, and rising investments in high-capacity network infrastructure and wired broadband technologies will lead to an increase in the demand for fiber optic cables. Fiber optic cables support higher bandwidths and faster data transmission than standard coaxial cables. Therefore, an increase in fiber optics demand will support the manufacturers of new and advanced fiber optic cables. Many developed and developing economies are imposing restrictions on free trade, which are expected to hinder the growth of the wires and cables market in the forecast period. Post Brexit, trade restrictions between the UK and other European countries are likely to increase, while the new trade agreement between the USA, Canada and Mexico, USMCA, imposed by the US government, is expected to increase the prices of metal components imported from Mexico. The increase of tariffs on foreign steel especially from China by the US government in 2018 to 25% has increased the production costs for wire and cable manufacturers. Therefore, reduction in the world free trade is expected to hinder the growth of the wires and cables market due to expected increase of the production costs and tariffs. The demand for miniature connectors is growing rapidly in industries such as mobile technology, aerospace, defense and medical equipment to enhance connectivity and minimize space in electrical and electronic devices. Miniature connectors’ also known as micro connectors include subminiature, micro miniature and ultra-micro miniature connectors. Micro connectors are rectangular cross sections that carry power and data. Miniature connectors can handle about 10 Gbps data and advance miniature board to board connectors can handle about 20 Gbps data. For instance, some of the major companies offering miniature connectors include AMETEK, Omnetics, Amphenol and molex. The major players covered in the global wires and cables market are Sumitomo Electric Industries Ltd, Prysmian Group, Furukawa Electric, Leoni AG, Southwire Company LLC. The countries covered in the global wires and cables market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The regions covered in the global wires and cables market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global wires and cables market is segmented - 1) By Type: Other Cables, Fiber Optical Cable, Coaxial Cables 2) By End-Use Industry: Energy, Telecommunications, Building & Construction, Industrial Manufacturing, Automotive, Medical Equipment, Others 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Insulated Cables, Shipboard Cables, Aircraft And Automotive Cables, Single-Mode Fiber Cable, Multimode-Fiber Cable

The electrical and electronics market consists of sales of products that generate, distribute and use electrical power products by entities (organizations, sole traders and partnerships) that produce products that generate, distribute and use electrical power, or electronic products such as audio, video and semi-conductors. This market does not include computers, computer peripherals and telecommunications equipment. The electrical and electronics market is segmented into electrical equipment; measuring and control instruments and electronic products. The global electrical and electronics market is expected to grow from $2831.25 billion in 2020 to $3077.02 billion in 2021 at a compound annual growth rate (CAGR) of 8.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3935.6 billion in 2025 at a CAGR of 6%. Asia Pacific was the largest region in the global electrical and electronics market, accounting for 45% of the market in 2020. North America was the second largest region accounting for 22% of the global market. Africa was the smallest region in the global electrical and electronics market. The rapid pace of innovations in electronics technology is stimulating consistent demand for newer and faster electrical and electronics products. Technological development is a key for attracting both consumers and business users for either replacing or upgrading the older products with advanced versions. Digital technologies such as the internet of things (IoT) and latest communication technologies such as 5G are expected to aid in the development of innovative electronic products. This is expected to increase the demand for electronic products which will ultimately drive the growth of electronic equipment manufacturing market during the forecast period. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the electrical and electronics manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of lockdown and the outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the electrical and electronics manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Virtual reality technology is being adopted by electronic manufacturing companies to improve manufacturing efficiency. This technology in the electronic manufacturing industry is often referred as digital design, simulation and integration. Virtual reality minimizes the scope for product defects in design phase. For instance, virtual reality technology enables companies to inspect design objects at all conceivable scales, thereby eliminating defects in the product in the design stage. For instance, some of the major companies adopting virtual reality include Integrated Microelectronics, Inc., Flextronics International Ltd, Benchmark Electronics, Inc. and Kimball International. Major companies in the market include Samsung Electronics Co Ltd; Panasonic Corporation; Intel Corporation; Toshiba Corporation; Taiwan Semiconductor Mfg. Co. Ltd. The countries covered in the global electrical and electronics market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global electrical and electronics market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global electrical and electronics market is segmented - 1) By Type: Electrical Equipment, Measuring and Control Instruments, Electronic Products 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others 3) By Nature: Organic, Conventional Subsegments Covered: Electric Lighting Equipment, Household Appliances, Power Generation, Transmission And Control Equipment, Batteries, Wires And Cables, Other Electrical Equipment, Electronic Products And Components, Navigational, Measuring, Electro medical And Control Instruments, Audio And Video Equipment, Semiconductor And Other Electronic Component

The semiconductors and other electronic components market consists of sales of semiconductors and other electronic components by entities (organizations, sole traders and partnerships) that produce semiconductors and other components for electronic applications. Examples of products made by these establishments are capacitors, resistors, microprocessors, bare and loaded printed circuit boards, electron tubes, electronic connectors, and computer modems. The semiconductors and other electronic components market is segmented into semiconductor and related devices and general electronic components. The global semiconductor and other electronic component market is expected to grow from $833.58 billion in 2020 to $916.96 billion in 2021 at a compound annual growth rate (CAGR) of 10%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1137.07 billion in 2025 at a CAGR of 6%. Asia Pacific was the largest region in the global semiconductor and other electronic component market, accounting for 53% of the market in 2020. North America was the second largest region, accounting for 22% of the global semiconductor and other electronic component market. Africa was the smallest region in the global semiconductor and other electronic component market. Semiconductor companies across the globe are seeking to enhance their competitiveness by increasing investment in green semiconductors. The trend mainly aims to reduce the energy consumption as well as limit data usage. For instance, Samsung’s green DRAM is DDR4, which has reduced operating voltage and doubled bandwidth compared to DDR3. Samsung’s DDR4 offers 40 percent increased performance and up to 15% reduced energy consumption compared with DDR3. The Korean tech giant is also planning to develop magneto resistive random access memory (MRAM) and Phase-change Memory (PRAM) as next-gen green memory solutions. For instance, some of the major companies manufacturing green semiconductors include Samsung Electronics Co. Ltd., Intel Corporation and QUALCOMM Inc. The major players covered in the global semiconductor and other electronic component market are Intel Corporation, Samsung Electronics Co Ltd, Taiwan Semiconductor Mfg Co Ltd, Micron Technology Inc, Qualcomm Incorporated. The countries covered in the global semiconductor and other electronic component market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The regions covered in the global semiconductor and other electronic component market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global semiconductor and other electronic component market is segmented - 1) By Type: Semiconductor And Related Devices, General Electronic Components 2) By Application: Automotive, Manufacturing, Others 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Integrated Circuits, Memory Chips, Microprocessors, Other Semiconductor And Related Devices

Electronic Products Market Definition

The electronic products market consists of sales of electronic products by entities (organizations, sole traders and partnerships) that produce electronic products. These include semiconductors, audio and video equipment and other electronic components. Electronic products are electronic devices that stores, generates or transmits information in electronic form. These are components used for controlling the flow of electrical currents for information processing and system control. Electronic products include televisions, speaker systems, household-type video cameras, jukeboxes, and amplifiers for musical instruments are used for various applications such as entertainment and communication.