Nanopatterning Benefits With Increased Use Of Semi Devices In Automobiles
Research and Markets has announced the addition of the "Global Nanopatterning Market 2017-2021" report to their offering. The company believes that the global nanopatterning market to grow at a CAGR of 22.95 percent during the period 2017-2021.
One trend in the market is an increase in the use of semiconductor devices in automobiles. The electrification and automation of automobiles have increased the demand for semiconductor wafers. Different types of semiconductor ICs are used in automotive products like airbag control, global positioning systems (GPS), anti-lock braking systems (ABS), car navigation and display, power doors and windows, infotainment, automated driving, and collision detection technology. The automotive product market will grow with the increase in car production during the forecast period. This will create demand for semiconductor devices, which will indirectly trigger the demand for nanopatterning systems during the forecast period.
According to the report, one driver in the market is the emergence of advanced consumer products. The consumer electronics market has witnessed several transformations in the last five years. Feature phones have been replaced by smartphones and PCs have made way for laptops. Currently, laptops are rapidly being replaced by tablets. Similarly, CRT TVs are being replaced by LED and smart TVs. Now, the manufacturers and application developers are attempting to take this transition further by interconnecting these household devices and creating a single unit called smart homes. These smart homes would be controlled by applications installed on smartphones. Manufacturers are introducing applications with rich content that would be accessible with the help of high-speed Internet available today. With such innovations and consumer demand for better electronics, manufacturers are constantly focusing on bringing better consumer products with improved functionalities into the market.