Market Overview:
The global resonant tank market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for optical communication technology, filter, light modulator, nano integrated optical chip and car intake system. Additionally, the growing adoption of 3D printing technology is also contributing to the growth of this market. However, high initial cost and lack of awareness are some factors that are restraining the growth of this market.
Product Definition:
A resonant tank is a device used to store electrical energy in the form of an oscillating current. The stored energy can then be released as needed to power devices or systems. Resonant tanks are commonly used in electrical grids and power systems, where they help stabilize the flow of electricity and prevent voltage fluctuations.
Rectangular Cavity:
Rectangular cavity is a type of resonator tank that has an opening at one end and can be closed at the other. It is used to store liquids or gases having specific volumes and characteristics. The opening in the middle of the rectangular cavity acts as a resonance peak for high frequency sound waves, causing vibrations which are converted into electrical energy.
The market size for rectangular cavity in Resonant Tank market was valued at USD 0.01 billion in 2016.
Cylindrical Cavity:
Cylindrical cavity is a kind of resonance tank that has an opening at only one end. The opening is cylindrical in shape and it's dimension can be controlled by varying the length of the resonator tube. It can also be closed by means of a cap or cover which acts as a diaphragm to restrict the flow of sound waves inside.
Application Insights:
The optical communication technology segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. The growing demand for high-speed data transfer across networks is anticipated to drive the application of resonant tanks in this field. Resonant tanks are used as a component of laser transmitters and receivers that enable high-speed data transfer across optical fiber cables.
In addition, they are also used as part of an optical signal processing circuit that enables efficient signal amplification and multiplexing for long distance transmission. This technology has enabled high-speed internet access to millions of users around the world by providing low cost, large capacity, single mode fiber optic cable solutions with minimal power consumption requirements at both ends of a transmission link.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of a large number of industry players and increased adoption of RFICs for manufacturing consumer electronics such as smartphones and laptops. Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing demand for high-performance resonant tank solutions from key industries such as aerospace, defense, automotive, marine & naval, communication technology among others. Moreover, growing investments by governments in order to boost economic development are anticipated to propel regional market growth over the forecast period.
Growth Factors:
- Increasing demand for fuel-efficient vehicles
- Rising disposable income of consumers
- Stringent government regulations on emissions and fuel economy
- Technological advancements in resonant tanks that improve performance and efficiency
- Growing popularity of hybrid and electric vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Resonant Tank Market Research Report
By Type
Rectangular Cavity, Cylindrical Cavity
By Application
Optical Communication Technology, Filter, Light Modulator, Nano Integrated Optical Chip, Car Intake System
By Companies
TMD Technologies, Mitsubishi Electric, New Japan Radio, Richardson Electronics, NEC, Teledyne e2V, CPI, L3 Technologies, Thales Group, Holley Performance Products, Mishimoto, Donaldson Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Resonant Tank Market Report Segments:
The global Resonant Tank market is segmented on the basis of:
Types
Rectangular Cavity, Cylindrical Cavity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Optical Communication Technology, Filter, Light Modulator, Nano Integrated Optical Chip, Car Intake System
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TMD Technologies
- Mitsubishi Electric
- New Japan Radio
- Richardson Electronics
- NEC
- Teledyne e2V
- CPI
- L3 Technologies
- Thales Group
- Holley Performance Products
- Mishimoto
- Donaldson Company
Highlights of The Resonant Tank Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rectangular Cavity
- Cylindrical Cavity
- By Application:
- Optical Communication Technology
- Filter
- Light Modulator
- Nano Integrated Optical Chip
- Car Intake System
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Resonant Tank Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Resonant tank is a type of electronic music instrument that uses vibration to create sound. It typically has a cylindrical shape with a series of metal plates that vibrate when an electric current is passed through them. The vibrations are then amplified and used to produce sound.
Some of the key players operating in the resonant tank market are TMD Technologies, Mitsubishi Electric, New Japan Radio, Richardson Electronics, NEC, Teledyne e2V, CPI, L3 Technologies, Thales Group, Holley Performance Products, Mishimoto, Donaldson Company.
The resonant tank market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Resonant Tank Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Resonant Tank Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Resonant Tank Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Resonant Tank Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Resonant Tank Market Size & Forecast, 2020-2028 4.5.1 Resonant Tank Market Size and Y-o-Y Growth 4.5.2 Resonant Tank Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Rectangular Cavity
5.2.2 Cylindrical Cavity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Optical Communication Technology
6.2.2 Filter
6.2.3 Light Modulator
6.2.4 Nano Integrated Optical Chip
6.2.5 Car Intake System
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Resonant Tank Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Resonant Tank Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Rectangular Cavity
9.6.2 Cylindrical Cavity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Optical Communication Technology
9.10.2 Filter
9.10.3 Light Modulator
9.10.4 Nano Integrated Optical Chip
9.10.5 Car Intake System
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Rectangular Cavity
10.6.2 Cylindrical Cavity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Optical Communication Technology
10.10.2 Filter
10.10.3 Light Modulator
10.10.4 Nano Integrated Optical Chip
10.10.5 Car Intake System
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Rectangular Cavity
11.6.2 Cylindrical Cavity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Optical Communication Technology
11.10.2 Filter
11.10.3 Light Modulator
11.10.4 Nano Integrated Optical Chip
11.10.5 Car Intake System
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Rectangular Cavity
12.6.2 Cylindrical Cavity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Optical Communication Technology
12.10.2 Filter
12.10.3 Light Modulator
12.10.4 Nano Integrated Optical Chip
12.10.5 Car Intake System
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Rectangular Cavity
13.6.2 Cylindrical Cavity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Optical Communication Technology
13.10.2 Filter
13.10.3 Light Modulator
13.10.4 Nano Integrated Optical Chip
13.10.5 Car Intake System
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Resonant Tank Market: Competitive Dashboard
14.2 Global Resonant Tank Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TMD Technologies
14.3.2 Mitsubishi Electric
14.3.3 New Japan Radio
14.3.4 Richardson Electronics
14.3.5 NEC
14.3.6 Teledyne e2V
14.3.7 CPI
14.3.8 L3 Technologies
14.3.9 Thales Group
14.3.10 Holley Performance Products
14.3.11 Mishimoto
14.3.12 Donaldson Company