Power Analyzer (PA) and Power Quality Analyzer (PQA) Global Market Forecast

July 26, 2023 – ElectroniCast (www.electronicast.com), a leading market and technology research consultancy addressing the electronics and photonics industries, today announced the release of an extensive study report covering the worldwide market for both Power Analyzers (PA) and Power Quality Analyzers (PQA).

Power analyzers are test equipment that measures various electrical power characteristics of devices that generate, transform, or consume electricity. Power Quality Analyzers (PQA) measure both current and voltage and detect dips, swells, fast transients, harmonics, power factors, and a host of other parameters useful for advanced power troubleshooting.

Power Analyzers    The global consumption value of selected Power Analyzers (PAs) was $487.1 million last year (2022). During the 1st-half of the review and forecast period (2022-2027), the consumption value for the selected Power Analyzers is forecast to increase at an average annual growth rate of nearly 4.5 percent; and slightly over three percent annually from 2027-2032.  Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data. 

“The use of selected Power Analyzers in the North America region, which includes Mexico, Canada, and the United States, is forecast to reach $165.1 million in 2032.  Europe, in 2022, held an estimated 19.2% of the relative market share of the worldwide Power Analyzer (PA) consumption value,” said Stephen Montgomery, president of ElectroniCast Consultants. (montgomery@electronicast.com)

“Helped along substantially by impressive consumption volume (quantity) in the Asia Pacific (APAC) region, it will maintain both the volume and value leadership role; however, average selling prices (ASPs) in APAC are typically lower versus North America and Europe and to some degree, the Rest of World region,” according to the market study.   

(NOTE: ElectroniCast also provides a separate market forecast for the Power Quality Analyzer market forecast data, available in the same report)

 This (fee-based) market forecast report, which is available immediately, is part of a consultant service from ElectroniCast to our clients. For detailed information on this or other services provided by ElectroniCast, please contact the company website or authorized sales representative worldwide.  

ElectroniCast – www.electronicast.com specializes in forecasting trends in technology forecasting, markets and applications forecasting, strategic planning, and consulting. ElectroniCast, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communication and data network companies, and the financial community.  Reduction of the risk of major investment decisions is the main benefit provided.  ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.

 

Hazardous Location LED Lighting Market Forecast (Explosion Proof Lighting) 2022-2032

 

ElectroniCast

montgomery@electronicast.com

10-Year Market Forecast –

Hazardous Area LED luminaires reached $577.81 million in 2022

June 21, 2023 -- ElectroniCast Consultants, a leading market research consultancy, today announced the release of their market forecast study of the worldwide use of light-emitting diode-lighting (LED) luminaries (fixtures with lamp/light source) in hazardous location lighting. 

“Last year (2022), the global consumption value of LED-based luminaires for use in hazardous location lighting (explosion-proof and other) reached $577.81 million,” said Stephen Montgomery, president of ElectroniCast.  

“The consumption (use) value is forecast to increase at an average annual rate of 6.8% during the 1st-half of the forecast period (2022-2027) to reach $803.78 million in the year 2027, and then at a slower (more mature) annual pace (3.9%) during the 2nd-half (2027-2032), to reach $971.67 million in 2032,” Montgomery added.

Unsafe lighting is one of the most common potential sources of ignition causing an explosion.  Working environments that contain explosive gases or dust are extremely volatile environments. A variety of luminaires (light fixture + LED light source) are available that are considered suitable for hazardous locations since they prevent any possible ignition sources from being exposed to the air. In various lighting applications, hazardous locations are defined as areas that are at risk of fire or explosion due to the combined presence of electrical equipment and flammable gases or vapors, flammable liquids, combustible dust, ignitable fibers, or other substances. 

In the process of this market research project, in addition to interviewing existing customers and potential customers of LED-based hazardous location lighting, ElectroniCast also studied lighting manufacturers with various ranges of hazardous area lighting products. The luminaires are designed for locations where explosive gases and dust are found, providing suitable lighting without enabling a risk of explosion.

 

The continued acceptance of solid-state lighting (SSL) light emitting diodes (LEDs) in the general lighting industry continues to push lighting-industry vendors, as well as end-users, to consider innovative solutions (new products) to adopt hazardous location LED lighting solutions. 

 

The following regions are quantified in this study report:

 

• America (North, Central, and South America)
• EMEA (Europe, Middle East, and Africa)
• APAC (Asia Pacific)

 

This market forecast is presented for four (4) major end-user group (sub-application) categories:

 

·         Power Plants, Pumping Stations, Substations

·         Military Bases, Airports, and Other Transportation Facilities                      

·         Gas (service) Stations, Paint-Spray Booths, and Other Commercial/Industrial

·         Oil Fields, Oil Refineries, Offshore Oil Platforms, Mining, and Other Similar

 

“The Gas (service) Station, Paint Spray Booth, and Commercial/Industrial category is expected to hold the lead in relative market share of global consumption throughout the forecast period,” Montgomery added.  

 

The market forecast is also segmented into the following product-type:

 

·         Spot, Flood, and General-Area

·         Linear: Tube and String/Strip

·         Small portable-type: Flashlights, wearable head-light

·         Specialty, Panel, and Miscellaneous

 

 

Consumption Value Forecast     Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.   Last year (2022), the global consumption value of LED-based luminaires for use in hazardous location lighting (explosion-proof and other) reached $577.81 million.  The consumption (use) value is forecast to increase at an average annual rate of 6.8% during the 1^st-half of the forecast period (2022-2027) to reach $803.78 million in the year 2027, and then at a slower (more mature) annual pace (3.9%) during the 2^nd-half (2027-2032), to reach $971.67 million in 2032.  ^[1]  

 montgomery@electronicast.com 

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[1]  All values and prices in this report are at factory as-shipped levels and are in current dollars, which include the effect of a forecasted 5 percent annual inflation rate over the forecast period.

Planar Lightwave Circuit (PLC) Splitters for Optical Fibers Global Market Forecast

June  2023 - ElectroniCast, a leading market and technology consultancy, today announced the report release of their 10-year market forecast of the global consumption of Planar Lightwave Circuit (PLC) splitters used in Fiber Optic Communication Networks.

According to the market review and forecast report, in terms of value The worldwide consumption value of PLC splitter component-level compact devices (tube, cassette or compact box-type) reached an estimated $164.98 million in 2022, up from $142.42 million in 2021.

The worldwide consumption value of PLC splitter component-level compact devices (tube, cassette or compact box-type) is forecast to increase to $189.88 million in the year 2027, and eventually increasing to $192.60 million in 2032. The forecasted relative flat growth pattern in value in the last few years of the forecast is due mainly to continued decreases in average selling prices (ASPs), as well as volume (quantity) due mainly to approaching market saturation in the more established sub-regional markets.

The global use of PLC compact devices in the Telco/CATV (Service Provider) application category, is forecast for a relatively low growth pattern during the next decade; mainly because much of the “greenfield” (new-built) Telco/CATV projects are winding-down in mature countries.  

PLC splitter compact devices used in FTTX, PONs and other Telecom (and CATV) service provider network applications led in global consumption in 2022.  The compact devices used with test/measurement, R&D and specialty applications are forecast for slow but steady increases each year.

Consumption in Private Enterprise is forecast for “double-digit” annual growth for the next decade.  Private Enterprise and the majority of Harsh Environment optical communication usage, tends to favor multimode optical fiber (and lower port-count) and therefore most of the coupler/splitter function is dealt with by the usage of Fused Biconical Taper (FBT) component. However, as overall single-mode optical fiber use and link distances expand in Private Enterprise, including Enterprise Hyperscale Data Centers (HDCs), and Harsh Environments, so will the use of PLC splitters, according to ElectroniCast. It is important to note, however, that device (and module) packaging for the harsh environment application (military, industrial, and other related) demands a cost/price premium versus standard packaging.

This annual study report quantifies PLC splitter compact devices, as well as PLC splitter modules (such as ABS Box modules and other types). 

There are several piece-parts that are needed to produce a typical PLC splitter, such as 1 or 2 input optical fibers with an input fiber containment unit, a planar (splitter) chip, a fiber array containment unit, and several output optical fibers (2 or more), as well as the housing/exterior package. PLC splitters are available in several configurations; the study report provides market data on 11-separate configuration (port-count), addressing average selling price, volume and value, for the years 2022-2032.  

Note: All values and prices in this report are at factory as-shipped levels, and are in current dollars, which include the effect of a forecasted 5 percent annual inflation rate over the forecast period.

This market forecast report, which is available immediately, is part of a consultant service from ElectroniCast to our clients. This market forecast report is available immediately from ElectroniCast. For detailed information on this or other services provided by ElectroniCast, please contact ElectroniCast at their website.

Founded in 1981, ElectroniCast – www.electronicast.com specializes in forecasting trends in technology forecasting, markets and applications forecasting, strategic planning and consulting. ElectroniCast, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communications and manufacturing companies, as well as the investment/financial community.  Reduction of the risk of major investment decisions is the main benefit provided.  ElectroniCast’s goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.

contact: montgomery@electronicast.com 

LEDs Used in Test/Measurement, Medical & Other Science Devices Market Forecast and Analysis

 New Report From ElectroniCast Consultants -

This market forecast report, which is available immediately, is part of a consultant service from ElectroniCast Consultants to our clients. This 2022-2032 market estimate and forecast are presented for our extensive study of the worldwide use of packaged Light Emitting Diodes (LEDs) in Test/Measurement, Medical, and other Science devices.

The market data are segmented into the following geographic regions, plus a Global summary:
                                                           
North, Central, and South America (America)
Europe, plus Middle Eastern and African countries (EMEA)
Asia Pacific (APAC)

The LED market is segmented into the following sub-application categories:

Sensing/Detection and Analytical/Monitoring
Photo-therapy/Sanitation/Cell Regeneration/Curing
Instrumentation Light Source and Imaging

The market data are also segmented by the following colors (type):

Red
Green
Blue
White
Multiple Color/Multiple Chip
UV and Other

LED Level Quantified in the ElectroniCast Study       Below, are four levels (or “food chain”) of LEDs. For the purposes of this ElectroniCast study, we quantify and provide a market forecast for “Level 2”

Level 1 - The chip or die
Level 2 - The Packaged LED Chip(s)  
Level 3 – LED module / LED Lamp
Level 4 - LED luminaire (light fixture/light fitting with LED module/lamp)

This report provides the market data by the following functions:
·        Consumption Value (US$, million)
·        Quantity (number/units)
·        Average Selling Prices (ASP $, each)

Stephen Montgomery, President - ElectroniCast Consultants   montgomery@electronicast.com 

www.electronicast.com

Fiber Optic Connector Market Forecast - ElectroniCast Consultants

  

According to ElectroniCast, the worldwide fiber optic connector & mechanical splice consumption value reached $4.5 billion in 2022…

May 2023 -- ElectroniCast Consultants, a leading market & technology forecast consultancy addressing the fiber optics communications industry, today announced the release of their market forecast and analysis of the use of fiber optic connectors and mechanical splices in communication applications. 

10-Year Market Forecast - The global fiber optic connector and mechanical splice consumption value reached an estimated $4.506 billion in 2022. The consumption is forecast to increase with moderate to mature rising quantity growth slightly offset by declining average selling prices.  In the year 2027, the worldwide consumption value is forecast to reach $5.357 billion, and then forecasted to increase to nearly $5.92 billion in the year 2032.[1]  Note: Market forecast data in this study refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

Pushed by the use of multimode connectors in private data networks, the American region was the leader in global consumption value last year (2022); however, both the EMEA and the APAC regions are forecast to achieve faster annual growth versus the American region, during the next decade. 

Fiber optic connector use (value) in the Telecommunications application is forecast to increase at an annual growth rate of 4.02 percent (2022-2027), driven by access network fiber deployment (FTTx) and wireless/mobile backbone infrastructure, such as 5G; and then the annual growth rate is set to increase at a slower pace during the 2^nd-half at the forecast period. Fiber-to-the x (FTTx) is a generic term for any broadband network architecture using optical fiber to provide all or part of the local loop used for last-mile telecommunications.

Fiber optic connectors and mechanical splice units are also used in a variety of Military/ Aerospace applications requiring rigorous testing and harsh environment fiber optic certification to ensure reliability and performance in the field.  Fiber optic technology is used for a wide variety of air, sea, ground, and space applications.  Connectors with polarization keys and keyways must be manufactured to exact tolerances to reduce radial misalignment and insertion loss. In addition to telecommunications, cable TV, and private data networks, fiber optic connectors are used in specialty industrial applications, such as medical/science, automotive, oil/gas, underwater, industrial, sensors, and other user groups.

The global fiber optic connector consumption is driven by the continued increase in bandwidth demand beyond the limits of copper.  As optical fiber use migrates closer and closer to the end user, where cable lengths are shorter with higher fiber counts, the requirements for joining fibers become more critical. Splicing and connecting, play a significant role in a network’s cost and performance.

There are over 150 vendors competing for the global fiber optic connector/mechanical splice market, which ElectroniCast tracks, using a product matrix showing vendor participation in several fiber optic interconnect product segments. 

CONTACT: Stephen Montgomery  --  montgomery@electronicast.com 

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[1]  All values and prices in this report are at factory as-shipped levels and are in current dollars, which include the effect of a forecasted 5 percent annual inflation rate over the forecast period.

Film and Video Professional Production LED Lighting Market Forecast

According to ElectroniCast, the worldwide market value of LED Production Lighting reached $394 million in 2022…

 

Aptos, CA (USA) – April  2023 -- ElectroniCast Consultants, a leading market research consultancy covering the LED lighting industry, just announced the release of their global market forecast of the use of light emitting diode (LED) professional production lights in Television/Broadcast, Motion Picture, and Videography.

According to the market forecast report, the global consumption of LED professional lighting lamps/fixtures reached $394.1 million in 2022, up from $331.2 million in 2021.  During the forecast period, the value of LED-equipped lighting is forecast to increase to $566 million in the year 2032.  Market forecast data in the study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

According to the study, LED-based lighting is forecast to be the light source of the next generation in the professional production lighting sector studied in this market research project. Current LED technology already competes favorably with Hydrargyrum medium-arc iodide (HMI), fluorescent and tungsten sources and is powerful enough for the new crossover videographers. 

LED lighting is increasingly used in broadcast/TV and movie studios worldwide since LED solutions are a cool running (temperature), energy efficient, light source with an adequate quality of light giving increasingly accepted color rendition and “natural” skin tones. This LED technology is not just limited to large panels of light but is also available in small, portable, battery-operated units that could be attached to video cameras that are currently available. 

New LED-based professional production lights are designed to meet the needs of demanding videographers.  LED technology is a strong competitor to other light source technologies, due to its reliability, light quality, durability (rugged), and rapid on/off features (and several other benefits) of LED lighting in professional production applications.

Some examples of video/motion professionals that specify and use LED lighting include steady-cam operators; Cinematographers; Operators, television, video, and motion picture camera; News camera operators; Motion picture camera operators; Electronic newsgathering operators; Video camera operators; Film and video editors; Camera operators, television, video, and motion picture; Video editors; ENG operators; Studio camera operators, others.

Broadcast studio camera operators work in a broadcast studio and usually videotape/ digital record their subjects from a fixed position. News camera operators, also called electronic news gathering (ENG) operators, work as part of a reporting team, following newsworthy events as they unfold. To capture live events, they must anticipate the action and act quickly.  Television, video, and motion picture camera operators usually acquire their skills through formal postsecondary training at film schools, colleges, universities, or photographic institutes; therefore, LED lighting manufacturers should consider these institutions in their marketing efforts.

The sales and distribution of LED-based professional production lights are typically aimed at:

•           Rental Companies

•           Lighting Designers

•           Lighting Engineers and Specifiers

•           Content Production Companies

•           Venue/locations (Stadiums, Arenas, Other)

 

In this global market forecast study report of LED-based professional production lights used in the television/broadcast, videography, and motion picture/film industry sectors, nearly 80 companies, which compete in this sector, are profiled. 

 

LED professional production lighting, which is used for General Lighting purposes, but with primary concern to accommodate the parameters of High Definition (HD) or other related production concerns for broadcast/TV, motion pictures, or videography illumination, is covered in this market forecast. The major market potential for these general lighting/production lights is in sports arenas and stadiums that prefer lighting, which are compliant with slow-motion and/or high-definition television standards.

 

The broadcast/television, motion pictures, and professional videography industry sectors employ professional camera operators in the United States and worldwide. Independent television stations, local affiliate stations of television networks or broadcast groups, large cable and television networks, or smaller, independent production companies, employ camera operators. There also are a large number of self-employed camera operators and film editors. Some self-employed camera operators, contract with television networks, documentary or independent filmmakers, advertising agencies/commercials, or trade show or convention sponsors to work on individual projects for a set fee, often at a daily rate. 

 Larger square or rectangle (shape) LED lights, which also include linear or tube led in consumption value last year in 2022 with nearly 50 percent in relative market share versus the other LED light categories.  The average selling prices (ASPs) for smaller devices are significantly less than the larger fixtures.

 In terms of volume (number of units), the smaller units currently hold the market share lead; however, because of their relatively low average selling price (ASP) compared to the larger-sized units, they have a lesser market share in terms of value.

The worldwide value of LED-based production lighting in the Television/Broadcast segment was $234.8 million in 2022, compared to $112.5 million in the Motion Picture category and $46.8 million in the Videography industry segment.

 TV/Broadcast stations worldwide continue to retrofit their studios with LED-based production lights, to improve the picture quality with the new HDTV-based requirements.  Also, other benefits of LED lighting versus the incumbent lighting, include consumption of less electrical power and quiet operation (no fan required), as well as ‘flicker-free” operation. Also, LEDs not only use less energy, but less air conditioning is also required in the studio since the heat generated by LED lights is negligible.

 LED production lights in the motion picture/film category are driven by requirements for lighting effects and set lighting, mainly because of their flexibility.  A single light source can generate a great variety of colors.  Additionally, continuous cost/performance improvements driven by technological advancements are driving the LED lighting fixture market from a niche-only solution to a general-use solution.

 This market forecast report is available immediately from ElectroniCast or authorized agents worldwide. For detailed information on this or other services provided by ElectroniCast, please contact Stephen Montgomery at --                                                      montgomery@electronicast.com                                                                           

 Founded in 1981, ElectroniCast - specializes in forecasting trends in technology forecasting, markets and applications forecasting, strategic planning, and consulting. ElectroniCast Consultants, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communication and data network companies, and the financial community.  Reduction of the risk of major investment decisions is the main benefit provided.  ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.

 

 

 

10-Year Market Forecast – Fiber Optic Sensors (2022-2032)

March 21, 2023 -- ElectroniCast Consultants, a leading market/technology forecast consultancy, today announced the release of their market forecast and analysis of the global consumption of Fiber Optic Sensors.  The market forecast data is presented and segmented into two main sections:

           

• Fiber Optic Point (Local) Sensor: Complete Unit
• Distributed Fiber Optic Sensor (Continuous and Quasi): System Channel Line

 

Fiber Optic Point Sensor – Global Market Forecast -    During the 2022-2032 timeline, ElectroniCast is forecasting that the consumption (use) value will increase from $1.297 billion to $2.045 billion.[1]  (Each Point sensor is counted as one complete component unit, which may also include interconnecting devices and immediate enclosure or casing).

 

Compared with other types of sensors, fiber-optic sensors exhibit a number of advantages:

 

• They consist of electrically insulating materials (no electric cables are required), which makes possible their use in high-voltage environments.
• They can be safely used in explosive environments, because there is no risk of electrical sparks, even in the case of defects.
• They are immune to electromagnetic interference (EMI), even to nearby lightning strikes, and do not themselves electrically disturb other devices.
• Their materials can be chemically passive; therefore, do not contaminate their surroundings and are not subject to corrosion.
• They have a very wide operating temperature range (much wider than is possible for many electronic devices).
• They have multiplexing capabilities: multiple sensors in a single fiber line can be interrogated with a single optical source.

 

Distributed Fiber Optic Sensor System – Global Market Forecast - According to the just-completed study, during the 10-year timeline, the worldwide consumption value of the combined use of Continuous- and Quasi-continuous Distributed fiber optics sensor system channel lines is forecasted to increase from $5.109 billion in 2022 to $11.369 billion in 2032. Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

Types of Distributed Fiber Optic System Lines qualified in this market study:

Continuous Distributed sensing (optical fiber line used in a system) provides continuous, real-time measurements along the entire length of a fiber optic cable; continuous distributed sensing does not rely upon manufactured sensors but utilizes the optical fiber. The Continuous Distributed sensing links are segmented by the following technology types: Interferometric; Raman scattering (Raman effect); Brillouin Scattering.

 

Quasi-continuous Distributed sensing (optical fiber line used in a system) utilizes Fiber Bragg Gratings (FBGs), which have been employed as sensing elements where dense (closely-spaced) sensing points are required, and the FBGs are multiplexed with various methods. 

This market forecast report is available immediately from ElectroniCast or authorized agents worldwide. For detailed information on this or other services provided by ElectroniCast, please contact Stephen Montgomery at email  montgomery@electronicast.com

 

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[1]  All values and prices in this report are at factory as-shipped levels, and are in current dollars, which include the effect of a forecasted 5 percent annual inflation rate over the forecast period.