The global market for nanomagnetics (materials and devices) is largely driven by the demand from the data storage sector. The data storage media is the largest end use segment, followed by diagnostics and biotechnology. Continuous new developments in the field of nanotechnology are expected to fuel the growth of the nonmagnetic market. Geographically, the U.S. is the largest market, but Japan is the fastest growing region due to its extensive work in the field, which has made it the hub for nanotechnology. Nanomagnetics is finding increased applications in medicine such as in drug delivery devices and diagnosis of diseases such as cancer and ailments of the brain or the heart. Applications in lighting, nanotools, IT (high capacity computers), telecom, chemical and life-science engineering, and other fields are also being developed and explored. In the storage media segment, the growth is primarily supported by demand for DVDs, magneto-resistive random access memory (MRAM), and in many other segments.
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The growing demand and applications of nanotechnology are seeing increased adoption of nonmagnetic materials and devices across most industry verticals. Biotechnology, data storage and retrieval (read heads) are some of the key sectors driving the demand in the current global scenario. However, with the development of new applications in the automotive and manufacturing sector, nanomagnetic devices and materials have a high potential for growth in the near future. Nanomagnetics, which is an application of nanotechnology, can be defined as application of magnetic property of nanomaterials in the form of devices and systems, for various purposes across different verticals. Nanomaterials are ideally considered within dimensions of 30nm to 100nm. However, with further developments, particles below 30nm may also find extensive applications.
The nanomagnetics market, based on product types, can be classified into the following segments: Particulates, thin films, and bulk products. The market for nanomagnetics can also be segmented based on end use. These are: storage media, industrial applications, and biotechnology. The storage media currently has the leading players focusing on MRAMs, while industrial applications currently include seals, loudspeakers, refrigeration (magnetic), and dampers. In the field of biotechnology, applications of nanomagnetics are varied, and include the following key applications: MRI (magnetic resonance imaging), drug delivery, and MFH (magnetic fluid hyperthermia).
Some of the market players in this industry are: Fujitsu Laboratories, Ltd., IBM Corp., Liquids Research Ltd., Quantum Design, Bayer Schering Pharma AG, and others.
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This research report analyzes this market depending on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
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Microcontrollers (MCU) Market By Product (8-Bit, 16-Bit, 32-Bit) - Global Industry Analysis, Size, Share, Growth And Forecast, 2012 - 2018: http://www.marketresearchreports.biz/analysis/139193
The rapidly growing automotive industry is expected to drive the microcontrollers market over the next five years. Hybrid electric vehicles are gaining popularity due to the plethora of environmental benefits they offer. This is estimated to result in increasing demand for microcontrollers, which can be primarily attributed to the large number of MCUs required for emission control and fuel efficiency in these vehicles. Additionally, price cuts in the industry due to high degree of competition are also expected to further market growth. However, unfavorable macroeconomic conditions and the moderately fragmented nature of the industry are expected to impede the market over the forecast period.
Besides automotive, the industrial segment is also a significant contributor to the overall market. Decreasing product life-cycles has resulted in growing need for agility and flexibility in the industrial ecosystem. Microcontrollers enable industrial automation by supporting extensive feedback control mechanisms, and advanced sensors among others. 32-bit microcontrollers are increasingly becoming popular as a direct consequence of reducing unit prices. These products are capable of performing complex control operations and are embedded in products that require higher processing capabilities.
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