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Showing posts from June, 2021

How Is Consumer Electronics Industry Fueling Tactile Sensor Market Growth?

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The type segment of the tactile sensor market is categorized into resistive sensor, force/torque-sensitive sensor, piezoresistive sensor, hydraulic sensor, axial arrays sensor, capacitive sensor, thermal sensor, optical sensor, piezoelectric sensor, and magnetic sensor. Among these, the capacitive sensor accounted for the largest market share in the past, and it is projected to continue this trend in the coming years. This can be primarily owed to the rising use of touch panels in the retail, automotive, healthcare, and banking, financial services, and insurance (BFSI) industries. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/tactile-sensor-market/report-sample The categories under the application segment of the tactile sensor market include automotive, consumer electronics, industrial, robotics, aerospace and marine, media and entertainment, and healthcare. Among these, the consumer electronics category accounted for the largest market share in ...

Ballooning Need for Predictive Maintenance of Manufacturing Units Driving IoT Adoption in Manufacturing Sector

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The burgeoning demand for centralized monitoring and predictive maintenance of manufacturing facilities is fueling the demand for the internet of things (IoT) technology in the manufacturing sector. For example, centralized monitoring of manufacturing processes is carried out in the automotive industry with the help of indoor location systems. Radio communication systems are used for incorporating process operators, manufacturing devices, and various other related equipment in these location systems. With the help of the radio triangulation method, the location of all resources and parts that are used in the manufacturing process is determined. The internet of things (IoT) devices use routers, switches, and other supporting networking instruments and generate large volumes of data for conducting predictive maintenance, which, in turn, assists in the management of several high-value devices in a factory. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analys...

Asia-Pacific Laser Diode Market To Expand Rapidly in Near Future

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Surging usage of laser diodes in the healthcare industry for damage prevention and better precision, large-scale adoption of these diodes in the industrial sector for efficient metal processing, and growing utilization of these diodes for manufacturing automotive headlamps are some of the major factors driving the expansion of the global laser diode market. Besides these, rapid technological advancements being made for providing greater precision and efficiency and the mushrooming usage of these diodes in the military sector are also fueling the growth of the market. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/laser-diode-market/report-sample Additionally, the rising requirement for optical fiber communication and data storage are also propelling the market advancement across the world. A laser diode is basically a semiconductor device that utilizes p-n junction for emitting coherent light of high intensity, in which all waves travel in th...

Increasing Offshore E&P Activities Fueling Underwater Robotics Market Growth

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The rising adoption of underwater robots in offshore oil and gas exploration & production (E&P) activities for drilling, maintenance, and repair purposes to overcome the limitations of human subsea divers, will drive the underwater robotics market growth during the forecast period (2020–2030). Moreover, the surging adoption of such robotic systems in the military and defense industry will also supplement the market growth in the coming years. These robots are remotely operated autonomous vehicles which are designed to function underwater for continued surveillance. One of the key growth drivers of the underwater robotics market is the surging production from offshore oil and gas reserves. Oil and gas companies across the world are heavily investing in underwater technology, to increase the productivity and efficiency of exploration activities at offshore reserves. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/underwater-robotics-mar...

What Are Most-Significant Applications of Industrial Refrigeration Systems?

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The ongoing COVID-19 pandemic has put the spotlight on the global healthcare ecosystem, as many of the myths about how advanced the medical infrastructure around the world is were busted. With the case and death counts rising, the industry was caught gasping for breath (metaphorically), while the patients were literally gasping for breath (COVID is a lung infection). During this time, the number of research studies being conducted in the pharmaceutical and healthcare sectors on virology skyrocketed, as a vaccine was to be the leader of the charge against the pandemic. Therefore, the number of clinical trials being conducted for viral vaccines rose massively, as did the worldwide trade of vaccines, aided by several such products getting regulatory approvals. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/industrial-refrigeration-equipment-market/report-sample With the healthcare and pharmaceutical sectors expected to not drop their guard for m...

Identity Authentication and Secure Access Becoming Easy with Fingerprint Sensors

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Since no two people can have the same pattern of markings on their fingertips, fingerprint sensors have become an important tool in security applications. Almost all new smartphones come with an integrated fingerprint sensor that established the identity of the user for unlocking the screen and allowing access to certain applications with such security locks. In 2017, almost 50% of all smartphones produced had such components, and the next year, the percentage increased to 60%. Thus, with the consistent increase in smartphone sales around the world, the fingerprint sensors market size, as computed by P&S Intelligence, is expected to increase from $3.8 billion in 2019 at a high 13.6% CAGR between 2020 and 2030 (forecast period). In the beginning, mobile phones were mostly produced in Europe and North America, and they were expensive for the common folk. But, since the entry of Chinese companies in smartphone production, their prices have dropped drastically, and the masses are now ...

Silicon on Insulator Market To Progress at 22.7% CAGR during 2019–2024

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A number of factors such as the burgeoning demand for silicon on insulator (SOI) wafers in the consumer electronics sector and surging investments being made in the SOI ecosystem are expected to drive the silicon on insulator market at a CAGR of 22.7% during the forecast period (2019–2024). The market revenue stood at $684.8 million in 2018 and it is projected to reach a value of $2,285.5 million by 2024. As the SOI technology enables faster production of computer chips with low-frequency noise, in comparison to the traditional silicon technology, it is being deployed in the consumer electronics industry at a rapid pace. SOIs find wide application in consumer electronics such as tablets, notebooks, smartphones, and digital cameras. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/silicon-on-insulator-market/report-sample Due to the surging demand for smartphones equipped with advanced multimedia features, 3G/4G long term evolution (LTE) multimode ...

Increasing Penetration of Cloud Services Fueling AI-Powered Storage Market Growth

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The artificial intelligence (AI)-powered storage market growth thrives on the increasing adoption of data analytics to improve decision-making capabilities, burgeoning demand for AI in high-performance-computing data centers, mounting number of connected devices, surging use of cloud-enabled services by businesses to store their data on virtual servers, and soaring volume of data. Moreover, the rising number of government regulations and compliance rules related to data storage and protection will also facilitate the market growth in the foreseeable future. The surging adoption of cloud-based applications and services and rising number of connected devices are supporting the AI-powered storage market growth globally. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/ai-powered-storage-market/report-sample The usage of AI-powered storage systems for high-performance computing assists businesses in working with and unifying high volumes of unstru...

Industrial Refrigeration System Demand Predicted To Explode in Asia-Pacific in Future

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The booming food and beverages processing industry in the emerging economies is also fueling the sales of industrial refrigeration systems. This is, in turn, propelling the growth of the global industrial refrigeration systems market. Due to this, the value of the market is predicted to rise from $26.8 billion in 2019 to $41.1 billion by 2030. Furthermore, the market is predicted to progress at a CAGR of 5.0% between 2020 and 2030. Depending on equipment type, the market is classified into compressors, condensers, evaporators, and controls. Amongst these, the compressor category held the largest share in the industrial refrigeration systems market in 2019, and the situation is predicted to remain the same in the future as well. The main factor fueling the expansion of this category is the fact that the industrial refrigeration systems are bought as complete units, and compressors account for 25–35% of the total cost of the unit. Get the Sample Copy of this Report @ https://www.psmarke...

Increasing Security Threats in BFSI Sector Fueling Fingerprint Sensors Sales Globally

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The increasing risks of frauds and thefts in the banking, financial services, and insurance (BFSI) sector, on account of the surging penetration of connected devices and the internet, will augment the requirement for fingerprint sensors in the coming years. The rising incidence of such threats has led to the emergence of biometric cards. Unlike conventional payment cards, biometric cards are more secure and fast. Fingerprint sensors-enabled payment cards can authenticate the identity of users in less than one second and offer more security than a standard four-digit pin. In addition, government organizations, courts, and military headquarters are rapidly installing advanced sensors to secure their premises. These organizations are also adopting fingerprint sensors to authenticate the identity and avoid duplication during the provision of several services to the public.   Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/fingerprint-sensors-market...