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Showing posts from April, 2021

Coronavirus Business Impact U.S. HVAC Services Market : Industry Trends and Developments

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The U.S. HVAC services market is witnessing the increasing need for smart HVAC systems. Customers are increasingly deploying building energy management systems (BEMSs) for their HVAC equipment. The BEMS monitors the efficiency of the equipment and allows for reducing the energy consumption of buildings. The BEMS and other systems need regular maintenance by trained specialists having in-depth knowledge of the systems. Therefore, the need for streamlining the operations of HVAC systems is rising year-on-year (Y-o-Y), to increase their efficiency, due to the developments in data analysis technologies. Get the Sample Copy of Report @ https://www.psmarketresearch.com/market-analysis/us-hvac-services-market/report-sample The type segment of the U.S. HVAC services market is classified into upgradation/replacement, installation, maintenance & repair, and consulting. Among these, the maintenance & repair category accounted for a significant market share in 2019. This is attributed to t...

RF Transceiver Market Technological Advancements, Evolving Industry Trends and Insights

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The major factors responsible for the growth of the radiofrequency (RF) transceiver market are the increasing demand for smartphones and rising penetration of the internet of things (IoT) technology. Due to this, the revenue generated by the market players, which stood at $3,892.1 million in 2019, is projected to grow at a 0.8% CAGR during 2020–2030 (forecast period), to reach $3,384.5 million by 2030. The RF transceiver is an important instrument in telecommunications, as it receives and transmits voice and data signals in the form of RF waves. Get the Sample Copy of this Report @   https://www.psmarketresearch.com/market-analysis/rf-transceiver-market/report-sample Moreover, telecommunications, military & defense, consumer electronics, aerospace, cable/broadcasting, healthcare, and others are the categories under the vertical segment. In 2019, the consumer electronics category generated the highest revenue in the RF transceiver market because of the rapidly rising demand for ...

Adoption of Smart HVAC Systems Projected to Drive Demand for HVAC Services in the U.S.

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The construction industry in the U.S. has been witnessing growth due to a number of factors, including the increasing population, focus towards infrastructural development, and swift urbanization. For example, as per the U.S. Census Bureau, the population in the country is predicted to rise by about 7% during 2019–2029. Residential construction activities are majorly increasing in the country, owing to the government initiatives for rising the home ownership rate. Get the Sample Copy of Report @ https://www.psmarketresearch.com/market-analysis/us-hvac-services-market/report-sample This is leading to the increasing demand for heating, ventilation, and air conditioning (HVAC) systems and related services in the U.S. According to a report by P&S Intelligence, the U.S. HVAC services industry is predicted to generate a revenue of $35,714.5 million by 2030, increasing from $25,625.8 million in 2019, demonstrating a 3.1% CAGR during the forecast period (2020–2030). The different types of...

Pre & Post COVID-19 Market Estimates on APAC HVAC Market Evolving Opportunities with Top Key Players

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The increasing disposable income of people, especially in the emerging economies such as India and China, is one of the biggest factors responsible for the soaring sales of heating, ventilation, and air conditioning (HVAC) equipment in Asia-Pacific (APAC). Due to the rising disposable income of people, their purchasing power is growing rapidly, which is, in turn, causing a sharp surge in consumer spending in this region. Nowadays, people are spending heavily on appliances such as refrigerators and air-conditioning systems.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/apac-hvac-market/report-sample HVAC systems and equipment are nowadays used extensively by the general public, especially in India. This is mainly because of the increasing purchasing power of people residing in the regional countries and the fall in the prices of these systems. Apart from this factor, the soaring investments being made in construction and infrastructural devel...

How Is Rising Road Safety Focus Driving Microdisplay Market?

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Organic light-emitting diode (OLED) microdisplays are becoming increasingly common in consumer electronics because they are compact and offer a high resolution, high pixel density, and better picture quality. As a result of these advantages, the usage of OLED microdisplays is surging in VR headsets, the adoption of which is itself booming.  With the rising demand for an immersive experience while shopping, learning, and gaming, AR/VR apps and programs are gaining widespread adoption, which is, in turn, driving the sales of the associated HMDs. The strongest driver for the microdisplay market is the increasing usage of ADAS integrated with HUDs. Due to the rising number of road accidents, which kill 1.3 million people each year, as per the World Health Organization (WHO), countries are mandating the installation of ADASs in vehicles, so that the chances of human error can be reduced.  To make ADAS more effective, it is being integrated with HUDs, so the driver sees all the dri...

Industrialists Saving on Capital Expenditure with Collaborative Modular Robots

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With countries around the world investing in the advancement of their industrial sector to become a manufacturing hub, modular robots are being further improved via the integration of artificial intelligence (AI). Many companies in the robotics sector are now integrating AI in such products to analyze real-time operational data for better efficiency in the factory, as well as predictive maintenance. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/modular-robotics-market-report/report-sample For instance, FANUC Corporation introduced the AI path control function in its ARC Mate cutting and welding robots in May 2020, to allow the robots to find their own path on the factory floor using machine learning, AI, and acceleration sensors. With such advancements, manufacturers are now using a variety of modular robots, including articulated, selective compliance assembly robot arm (SCARA), cartesian, collaborative, parallel, spherical, and cylindrical modu...

How Is Vertical Farming Supporting Horticulture Lighting Market Growth?

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The developing countries hold immense potential for the players of the horticulture lighting market . Currently, the usage of artificial lights is quite low in the agriculture sector, especially in South Africa, India, and Brazil, but the soaring popularity of the indoor crop cultivation and horticulture concepts will amplify the usage of such lights in the coming years. The large-scale adoption of such lighting products in these nations might reduce their costs in the future. Moreover, the governments of these countries are extending their support to light-emitting diodes (LED), to conserve energy.The categories under the technology segment of the horticulture lighting market include LED, high-intensity discharge (HID), fluorescent, and others. Get Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/horticulture-lighting-market/report-sample Among these, the LED category held the largest share in 2019, as the LED technology is quite cost-effective, which is ...

Boom Predicted in Global Variable Refrigerant Flow Systems Market in Coming Years

The global VRF systems market is set for lucrative growth in the coming years. The factors driving the market advancement are the burgeoning requirement for energy-efficient heating, ventilation, and air conditioning (HVAC) solutions, the expansion of the construction industry, and the increasing implementation of government initiatives in several countries for easing foreign direct investment (FDI) regulations in the real estate sector. VRF systems are basically air conditioning systems that comprise two major components: indoor and outdoor units. As VRF systems are highly energy-efficient, on account of being equipped with a smart variable-speed compressor that runs at the needed capacity at a particular temperature condition, they are extensively being used in various applications. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/variable-refrigerant-flow-systems-market/report-sample Moreover, these systems make the simultaneous cooling and heat...

How Are Data Centers of India Boosting Shift Toward Structured Cabling?

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According to P&S Intelligence, the market of Indian structured cabling will display the fastest growth in the eastern region of the country in the foreseeable future. This will be due to the escalating number of IT hubs and increasing number of government initiatives to strengthen the network connectivity in eastern states. Also, in the coming years, eastern cities of Agartala and Bhubaneswar will become the major IT hubs. Moreover, the rising number of smart cities such as in Patna, Agartala, Aizawl, Imphal, Kohima, Gangtok, Pasighat, and Itanagar will amplify the deployment of structured cables in the future. Apart from the eastern region, the southern region also creates a high demand for structured cabling solutions in the country. The presence of major IT hubs, including Chennai, Bengaluru, and Hyderabad has driven the demand for such solutions, as they host the offices of major technology companies, including Google, Microsoft, Facebook, Amazon, and Apple. For smooth operat...

Surging Internet Penetration Augmenting Demand for Edge Data Centers

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With the increasing penetration of the internet and the surging mobile data traffic, the demand for edge data centers is growing rapidly all over the world. The soaring adoption of internet of things (IoT)-based devices and smartphones is one of the major factors responsible for the surge in mobile data traffic around the world. This is, in turn, pushing up the demand for edge data centers, as these centers are required for managing the mushrooming data volumes. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/edge-data-center-market-analysis/report-sample According to a recent report produced by the Cisco Visual Networking Index: Global Mobile Data Traffic Forecast Update 2017–2022 in February 2019, the total mobile data traffic all over the world was around 26.8 exabytes per month in 2019 and it is expected to rise to more than 77.5 exabytes per month by 2022. Apart from this factor, the increasing over-the-top (OTT) traffic around the world is al...

Telecom Sector Widening Growth Opportunities Through GIS Solutions

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The telecom industry is increasingly using geographic information system (GIS) technology for mobile and broadband services, primarily for tracking the broadband infrastructure. Additionally, telecom companies using GIS solutions to study the potential growth areas for expanding their operations. With GIS, information from multiple sources can be accumulated on one platform, which assists in analyzing challenges being faced by specific areas in the broadband services. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/gis-in-telecom-market/report-sample Moreover, booming investments in the telecom sector will fuel the integration of GIS solutions for expanding the broadband network and accelerating its speed, worldwide. Globally, GIS solutions are being revolutionized by the adoption of advanced technologies like internet of things (IoT) and artificial intelligence (AI). Integration of such technologies has led to the installation of sensors and conne...

Government Cloud Market Observing Technological Advancements

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Growth factors like the rapid digitalization of government organizations and need to reduce the total cost of ownership (TCO) will drive the government cloud market at a CAGR of 15.4% during the forecast period (2017–2023), since generating revenue of $20.8 billion in 2017. Moreover, the constant improvements in cloud computing technologies and rapid advancements in public-sector technology solutions will facilitate the market growth. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/government-cloud-market/report-sample Additionally, the innovations in the internet of things (IoT) technology will encourage governments to adopt cloud solutions. Government bodies are increasingly deploying cloud-based solutions to reduce their capital expenditure (CAPEX) without compromising the important public services. The utilization of the cloud is allowing such agencies to decrease the TCO of services, directly and indirectly. Moreover, the increasing need ...

Artificial Intelligence Making Fingerprint Sensors Smarter

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Since at least AD 650, fingerprints have been known to be unique to individuals, which has helped in their usage for the identification of people for various purposes, such as solving crimes and distribution of public services. Earlier, the fingertips were covered with ink and the impression taken on paper, but now, with advancements in technology, high-tech fingerprint sensors are being used for this purpose. In present times, wherever the identity of a person has to be established for investigative or security purposes, these devices are rapidly becoming common. As a result, P&S Intelligence expects the fingerprint sensors market value to display a CAGR of 13.6% between 2020 and 2020, since standing at $3.8 billion in 2019. These days, the most-common application of such instruments is smartphones and laptops, for screen and application locking and unlocking. In some consumer electronics, the fingerprint sensor is clearly visible, while in others, it is embedded into buttons, fo...

Why Is Infrastructure Sector Growth Vital for Asia-Pacific Chiller Market?

The APAC chiller market growth is facilitated by the growing hospitality sector in the region. The hospitality industry is flourishing due to the growing tourism sector in Vietnam, India, Thailand, Indonesia, Japan, and China. Additionally, the expansion of the food and beverage industry due to the booming population is boosting the market growth. China and India are emerging as the largest consumer bases for food and beverage companies, both domestic and international.  Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/apac-chiller-market/report-sample Chillers are used here to keep not only the factory cool, but also the ingredients and final products. The chiller type segment of the APAC chiller market is categorized into screw, absorption, scroll, reciprocating, and centrifugal. Among these, the screw category accounted for the largest market share in 2018. This category is further bifurcated into water-cooled and air-cooled. The growth...

Global Personal Robots Market Set to Surpass $50.0 Billion Valuation by 2030

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The global personal robots market generated a revenue of $21.5 billion in 2019 and it is predicted to progress at a CAGR of 7.8% between 2020 and 2030. Furthermore, the market will reach a valuation of $51.5 billion by 2030. The main factors driving the advancement of the market are the growing usage of security robots and domestic cleaning robots, the burgeoning requirement for home automation, and the rising public awareness about various types of robots across the world. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/personal-robot-market/report-sample Additionally, the rapidly falling prices of personal robots are propelling the expansion of the personal robots market around the world. As per various reports, the prices of personal robots decline by 2–9% every year, thereby boosting their worldwide sales. Moreover, with the surging requirement for these robots in the developing nations, personal robot manufacturers are increasingly settin...