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Showing posts from August, 2021

Why will Silicon on Insulator Market Boom in Asia-Pacific in Coming Years?

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Globally, the silicon on insulator market is expected to demonstrate huge expansion in the Asia-Pacific (APAC) region in the forthcoming years. This will be because of the soaring investments being made by wafer manufacturing companies for expanding their facilities in the region. For example, Shin-Etsu Chemical Co. Ltd. announced in March 2018 that it intends to invest $996 million (¥110 billion) for expanding its silicone production facility in the region. With this huge investment, the organization aims to expand its operations across the APAC region in the forthcoming years. Depending on the technology, the silicon on insulator market is divided into the smart cut, layer transfer, and bonding categories. Out of these, the smart cut category is expected to exhibit the highest growth rate in the coming years. SOI Market Size , Status, Top Players, Trends in Upcoming Years This is credited to the fact that the smart cut technology facilitates heterogeneous material incorporation, whi...

Sportspersons in Japan Using Heat Stress Monitors To Avoid EHRI

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The surging prevalence of exertional heat-related illness (EHRI) among sportspersons and military personnel, owing to the hot and humid conditions in summer in Japan, is fueling the adoption of heat stress monitors in the country. EHRI is defined as a range of heat-related illnesses that occur during exercise and sports activities performed under high ambient temperatures and humidity. Heat exertion stroke (EHS) is the most extreme type of EHRI. EHS is a critical heat-related illness caused by the overheating of the body, owing to prolonged exposure to extreme temperatures, and requires immediate medical attention. These devices enable minute-by-minute data logging to enable close monitoring of personal heat stress levels. Moreover, increasing advancements in wearable technology will accelerate the Japanese heat stress monitor market at a CAGR of 7.05% during 2021–2030. The market valued $1.98 million in 2020, and it will generate $3.96 million revenue by 2030. Compact, personal, and ...

Surging Launches of 5G Services To Boost 5G RF Transceiver Market Growth

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A number of factors, such as the increasing penetration of smartphones, surging adoption of internet of things (IoT), rising sales of mobile devices, and growing telecom industry, are expected to drive the growth of the 5G RF transceiver market at a CAGR of 30.4% in the foreseeable period (2020–2030). According to P&S Intelligence, the market generated $112.0 million revenue in 2019.   Moreover, the market is witnessing a key trend of surging adoption of wideband transceivers, due to technological developments and rise in focus on reliable, seamless, and secure communication. One of the prime factors aiding the market growth is the increasing demand for 5G RF transceivers from the growing telecom sector.   5G RF Transceiver Market Size, Status, Top Players, Trends in Upcoming Years The surging launches of 5G services in the U.S., the U.K., China, and South Korea are driving the installation of such devices in base stations and telecom exchanges. For instance, since the la...

Commercial Refrigeration Equipment Market Outlook By Size, Demand Status Of Type, Applications And Future Forecast

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In recent years, India, China, and Brazil have witnessed substantial growth in their organized food retail sector, due to the rapid urbanization in these countries. For instance, the urban population of India is estimated to reach around 1.4 billion by the end of 2023; and in China, it is expected to reach over 1.4 billion by 2025 . This will accelerate the commercial refrigeration equipment market at a CAGR of 3.0% during 2020–2030. The market stood at $24.6 billion in 2019 and it is projected to reach $33.9 billion by 2030. These distribution channels offer walk-in coolers, display showcases, ice merchandisers & ice vending equipment, and beverage refrigeration equipment for the customers. Among these products, walk-in coolers were the most widely adopted commercial refrigeration equipment, globally. Whereas, in the coming years, beverage refrigeration equipment will be adopted at the highest pace, due to the soaring consumption of beverages, worldwide. Get the Sample Copy of thi...

Increasing Focus on Energy Conservation Fueling Popularity of Ambient Lighting

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The growing public awareness about environmental degradation and the importance of energy conservation has made the governments of many countries implement strict policies pertaining to the energy efficiency of lights. These policies are aimed at increasing energy and cost savings in several sectors.  Such energy codes for residential and commercial buildings are predicted to mitigate CO2 emissions by as much as 841 MMT and save around $126 billion in electricity costs. For instance, the U.S. Department of Energy has recently enacted the U.S. Energy Standard for Buildings, which is a national model code for commercial buildings and a critical parameter for developing various designs and systems.  Get the Sample Copy of this Report at:  https://www.psmarketresearch.com/market-analysis/ambient-lighting-market-report/report-sample China, which is one of the largest users of ambient lighting solutions in the world, has become one of the biggest consumers of power in the world...

Electric Motor Market Share, Size, Future Demand, Top Leading player, and Emerging Trends

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Electric motors are installed in fans, propulsion systems, refineries, compressors, alternators, metal rolling equipment, hoists, grinding mills, and power tools because they convert electrical energy to mechanical energy efficiently. These motors are being increasingly used in the automotive, agriculture, cement, metal, mining, oil and gas, pulp and paper, and water and wastewater industries. These high-power-consumption industries are deploying electric motors to reduce their operational costs and contribute toward a greener future. Moreover, the rising practice of customization of electric motors, to avoid compatibility issues with machines, is expected to fuel the electric motor market at a CAGR of 4.8% during 2020–2030. The market was valued at $118.2 billion in 2019 and it is expected to reach $195.2 billion revenue in 2030. Nowadays, electric motor manufacturers are emphasizing on producing customized electric motors to differentiate their products and meet the varying specific...

Why Is Vision Sensor Important from Point of Quality Control in Factories?

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Around the world, the manufacturing sector is growing to cater to the rising needs of the booming population, which will touch 9.7 billion in 2050, as per the United Nations (UN). Though it was electricity that made modern manufacturing possible, it was electronics and semiconductors that truly revolutionized it.  Earlier, the manufactured projects were inspected by hand and the naked eye, with ‘OK’ being stamped on them, once approved. Today, sophisticated sensors and a combination of electronic systems accomplish this task. With rapid advancements in industries, the vision sensor market size will increase from $2.5 billion in 2019 to $9.2 billion by 2030, at a healthy 12.7% CAGR between 2020 and 2030, says P&S Intelligence.  The most-detailed inspections and quality checks in factories are now being done by vision sensors, which separate the images captured by a camera into the red, blue, and green format and then analyze their light intensity to detect the size, presen...

Surging Deployment of Electric Vehicles Fueling Demand for Battery Management Systems

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The mushrooming deployment of electric vehicles, on account of the increasing concerns being raised over the escalating air pollution levels, is driving the demand for battery management systems across the world. As per the International Energy Agency (IEA), electric car sales surpassed 2.1 million in 2019. Furthermore, the organization reported that electric cars accounted for around 1% of the worldwide car stock in 2019. The emissions generated by petrol- and diesel-powered vehicles are majorly responsible for the deteriorating air quality levels. As per Our World in Data, the transportation industry produced 16.2% of the total greenhouse emissions across the world in 2018.  Get Sample Copy of Report at: https://www.psmarketresearch.com/market-analysis/battery-management-system-market/report-sample As electric vehicles assist in mitigating the emission of toxic gases, their increasing deployment is helping governments and environmental organizations reverse climate change and imp...

People Going Gaga over Smartwatches that Integrate with Smartphones

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With people getting better jobs in cities, their disposable income is growing. This is propelling the sale of things that were earlier considered a luxury and additional expense, such as vehicles and electronic gadgets. These things have become a marker of socioeconomic status, with people flaunting their gadgets amongst peers and at social callings. Further, with people adopting a sedentary lifestyle, either out of necessity or choice, the incidence of lifestyle-associated diseases, such as obesity and diabetes, is rising. As per P&S Intelligence, these two factors will be instrumental in the growth of the smartwatch market at a robust 22.7% CAGR during the forecast period (2018–2023), whereby the market value will increase to over $43,800.0 million by 2023 from $10,223.9 million in 2017. Earlier used to tell time, watches have evolved to become interactive personal assistants. High-end smartwatches are equipped with internet connectivity and features that integrate them with a s...

Why Are Commercial AC Sales Highest in Asia-Pacific (APAC)?

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With the average temperature increasing every year, the need for effective air conditioning is growing. Many individuals may not choose to have an AC in their house, but there are extremely few commercial spaces, at least in the developed and rapidly developing countries, that don’t have it. Since such places are visited by a large number of people every day, ventilation and temperature control requirements are strong here. Moreover, ACs are used as a means to attract visitors and tenants, which boosts the purchase of such systems for commercial spaces. Thus, P&S Intelligence expects the commercial AC market sales volume to increase from 17.6 million units in 2019 to 25.4 million units by 2030, at a 3.5% CAGR between 2020 and 2030. This is because of many reasons: first, commercial spaces are often large, so just one AC is never enough. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/commercial-ac-market/report-sample As a result, an office co...

Soaring Deployment of Electric Vehicles Driving Spintronics Demand

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The burgeoning requirement for magnetoresistive random-access memory (MRAM) is one of the major factors fueling the worldwide demand for spintronics devices. MRAM is basically a non-volatile memory technology, which utilizes electron spinning for reversing a layer’s magnetization and storing data in the memory with the help of the electric current, instead of relying on the magnetic field. Unlike the traditionally used RAMs, MRAM can retain the data even when there is no power. In addition, MRAMs demonstrate high transfer speeds and require less power, which further contribute to their soaring popularity all over the world. Besides, the surging deployment of electric vehicles (EVs) is also fueling the demand for spintronics devices.   Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/spintronics-market/report-sample This is because spintronics systems are extensively used in these vehicles for monitoring the battery life and current flow, ...