A Silo is a structure for storing bulk materials majorly used in agriculture industry to store grains. World is facing the increasing demand for food and a dependency on agriculture and we cannot deny the importance of grains to feed the growing world population. Because of not so favourable conditions of climate the production is done once in a year and the grains are stored to fulfil the demand and that is why the proper storage is highly critical and very important aspect of farming industry. Industries in which Silos are used widely are Food and Grains, Chemicals, Plastic and Petrochemical. Materials that can be stored in Silos are Grain, Wood Chips, Silage, Cement, Sand etc. Silos keep the grains safer for longer period and used the less area but provide higher capacity.

STEEL SILOS

While the options available for grain and the Industrial materials storage are many, the most popular one is Steel Silos for its outstanding features. All steel silo parts are manufactured in a factory, so the quality can be totally controlled. Steel silos generally gives the greater storage capacity per dollar. They might not be as tall as concrete silos but have bigger diameters hence the highest capacity. Installation is easier and are highly efficient in case of natural disasters like Earthquake. Aeration, an important process in grain storage is easiest and effective in Steel Silos. The single silo capacity range up to 44550 cubic meters. There are reports that Soy farmers in Brazil are running out of rooms for quality storage and facing a downside to becoming one of the world’s top producers of soybeans. Highly flexible with an advancement of technology investment in steel silos infrastructure is the need of the hour to handle such global issues.

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Market Determinants

The rising awareness regarding efficient use of power and surging demand for portable devices with longer shelf life are anticipated to offer a robust growth to the global power management IC market. The market size is expected to spur during the forecast period, owing to the declining prices of integrated circuits and their wide adoption in smartphones, automobiles, tablets, and other devices. The increasing sales trend of smartphones and automobiles is expected to boost the market growth throughout the forecast period. However, the complex integration processes involved in multi-power domain SOCs of PMICs is hindering the market growth.

GLOBAL POWER MANAGEMENT IC MARKET DETERMINANTS-IMPACT ANALYSIS, 2017 Vs. 2024

 

Market Segmentation

The PMIC market is segmented on the basis of product, application, and geography. Based on the product, the market is segmented into voltage regulators, motor control ICs, integrated ASSP power management ICs, battery management ICs, and others. The applications of the market are automotive, consumer electronics, industries, telecom & networking, and others. The market is segmented based on four regions, namely North America, Europe, Asia-Pacific, and Rest of World (RoW). The consumer electronics segment offers lucrative scope to industry players and is expected to exhibit higher growth as compared to the other segments during the forecast period. Asia Pacific accounted for the highest revenue share in the global market in 2016, owing to the increase in demand for semiconductor & automated devices.

The key players active in this market are Texas Instruments Inc., STMicroelectronics N.V., Renesas Electronics Corp, ON Semiconductor Corp., Mitsubishi Electric, Linear Technology, Maxim Integrated, Dialog Semiconductor PLC, Semtech Corporation, and Rohm Co Ltd.

GLOBAL POWER MANAGEMENT IC MARKET SEGMENTATION
By Product
• Voltage regulators
• Motor control ICs
• Integrated ASSP Power Management ICs
• Battery Management ICs
• Others

By Application
• Automotive
• Consumer Electronics
• Industrial
• Telecom & Networking
• Others

By Geography
• North America
o U.S.
o Mexico
o Canada
• Europe
o UK
o Germany
o France
o Rest of the Europe
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East
o Africa

KEY PLAYERS
• Texas Instruments Inc.
• STMicroelectronics N.V.
• Renesas Electronics Corp
• ON Semiconductor Corp.
• Mitsubishi Electric
• Linear Technology
• Maxim Integrated
• Dialog Semiconductor PLC
• Semtech Corporation
• Rohm Co Ltd.

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