Semiconductor News World

The rising rate of digitization and automation in the manufacturing sector is propelling the procurement of networking equipment. Under the industry initiatives of India, China, and many other countries, they are to become manufacturing powerhouses, strengthened by high-tech machines with embedded sensors and advanced controls. For such machines to function, internet connectivity is essential, which is why the Industry 4.0 revolution is driving the installation of networking equipment in factories. Moreover, several government schemes and services, such as PAN card and voters’ ID card applications and train reservations can be availed of online. Similarly, the trend of online shopping is growing owing to the convenience offered on such platforms, such as home delivery, product comparison, electronic payment, and offers and discounts.  Moreover, presently, much of the regional population is working from home due to the pandemic, which has driven the installation of broadband and Wi-...

Factors such as the toughening government regulations on water treatment, expanding chemical industry, and increasing oil and gas production are expected to fuel the metering pump market at a CAGR of 3.9% during the forecast period (2020–2030). According to P&S Intelligence, the market revenue will grow from $4.4 billion in 2019 to $6.8 billion by 2030. In recent years, the soaring demand for energy-efficient metering pumps, to reduce energy wastage, has become a major market trend. One of the key growth drivers of the market is the increasing implementation of strict water treatment laws in many countries. Water treatment plants use metering pumps to feed chemical additives to the wastewater to remove toxic microorganisms, slurry, and pollutants, thereby improving the water quality. For example, the U.S. government amended its Water Infrastructure Act (AWIA) in 2018 to focus on all water that is theoretically intended for drinking. This act empowers the Environmental Protection Ag...

Vox Cinemas, which opened its first movie theatre in the kingdom in May 2019, is planning to have 600 screens in Saudi Arabia by 2023, investing $500 for this expansion. Essentially closed spaces, theatres and other such venues have multiple HVAC systems. Moreover, the first phase of the $500-billion NEOM City was completed that year, which saw massive HVAC sales for a differentiated array of buildings.  With more phases of the project taking shape, the demand for such equipment will increase further. Similarly, with increasing business opportunities, the country’s hospitality sector is growing. The Middle East is already known for its luxurious lifestyle, and with Saudis becoming modern every year, many dazzling hotels and resorts are being constructed.  The Intercontinental Hotel Group opened a 4,200-room hotel, while Radisson Hotel Group opened a 355-room hotel, its 43rd in the kingdom, in 2019. Moreover, Hilton Worldwide plans to open 35 hotels here in the next 2–3 years. ...

These motion sensors are used widely in the automobile, consumer electronics, medical device, industrial equipment, education, building automation, and aerospace and defense domains. In the upcoming years, motion sensors will be utilized in building automation solutions at the highest rate due to the escalating need for green buildings, primarily on account of the mounting public awareness on reducing the carbon footprint and conserving energy. Motion sensors are installed as occupancy sensors to carry out the on/off function of lighting and heating, ventilation, and air conditioning (HVAC) equipment. The type segment of the motion sensor market is classified into accelerometer, infrared (IR), gyroscope, ultrasonic, combo sensor, tomographic sensor, and others, such as vibration sensor, temperature sensor, magnetometer, and microwave. Among these, the combo sensor category held the largest market share in 2019 due to the microfabrication of different types of motion sensors into a sin...

Where would humans be without light?! Sunlight allows people to perceive their surroundings and make use of them for their benefit. But, being diurnal creatures with a poor vision in the dark, humans need an artificial source of light to see at night. Thus, with the burgeoning population and expanding cities and towns, the demand for lights for outdoor settings is booming. Lights are essential on streets, stadia, parking lots, tunnels, and in many other outdoor spaces. Therefore, P&S Intelligence expects the outdoor lighting market revenue to increase from $10.7 billion in 2019 to $23.8 billion by 2030, at a 7.3% CAGR between 2020 and 2030. Lights are not only used for illuminating dark areas, but also for aesthetic and security purposes. Heinous crimes are often associated with the dark, since it allows criminals to slip away; hence, all the dark or poorly illuminated sections of major roads and public spaces are being equipped with bright and powerful lights. Essentially, the ra...

Factors such as the soaring demand for automation solutions in the manufacturing industry and the burgeoning need for collaborative modular robots in the logistics sector are expected to fuel the modular robotics market at a CAGR of 9.9% during the forecast period (2020–2030). According to P&S Intelligence, the market was valued at $5.6 billion in 2019, and it is projected to generate $15.1 billion revenue by 2030. In recent years, the increasing adoption of the industrial internet of things (IIoT) in the production process has become a major market trend. The increasing deployment of collaborative modular robotics systems or cobots in the logistics industry is one of the primary growth drivers for the market. The deployment of cobots in logistics and manufacturing operations reduces the work of employees by allowing operators to directly provide the parts to the robot to perform the remaining tasks. Logistics companies use cobots for carrying and transporting loads and inspecting ...

With the falling prices of solar panels, the demand for solar street lighting solutions is rising sharply across the world. As per a report published by the National Renewable Energy Laboratory (NREL), the prices of solar panels plunged from $10/W to around $2/W from 1980 to 2010, registering a decline of as much as 80% over 30 years. Moreover, the prices further fell from $0.70/W to $0.35/W, which registered a drop of 50% from 2015 to 2019. The fall in the prices of these panels has caused a sharp decline in the prices of solar lighting systems, thereby boosting their popularity globally. Besides, the surging number of smart cities in several countries is also propelling the expansion of the global solar street lighting market. Solar Street Lighting Market Outlook and Opportunities in Grooming Regions In recent years, many smart city development projects have been launched in the U.S., China, India, Saudi Arabia, and South Korea. China has invested quite heavily in these projects as...

A number of factors, such as the soaring need for increased functional efficiency with real-time product positioning, accelerating automation and digitalization, and burgeoning demand for price optimization in the retail sector will steer the electronic shelf label market growth during the forecast period (2021–2030). According to P&S Intelligence, the market generated $800 million revenue in 2020. Additionally, the lower time consumption and higher profits allowed by ESLs will catalyze the market growth in the forthcoming years. One of the key growth drivers for the market is the rising automation rate in the retail industry owing to the increasing focus of retailers on enhancing the customer shopping experience. The surging requirement for smart automation solutions here can be attributed to the growing complexities in managing large retail stores and warehouses. Electronic Shelf Label Market Quantitative Analysis, Current and Future Trends ESL systems deliver flexibility and p...

Organisation Internationale des Constructeurs d'Automobiles (OICA) estimates that 53,598,846 passenger cars and 24,372,388 commercial vehicles were sold across the world in 2020. Furthermore, the International Energy Agency (IEA) states that the global stock of plug-in hybrid electric vehicles (PHEV) (cars) and battery electric vehicles (BEV) (cars) stood at 3,346,713 and 6,850,327 units, respectively, in 2020. The increasing sale of vehicles owing to the improving economic conditions of customers will create a huge requirement for motion sensors , due to their usage in wheel alignment systems, vehicle alarm systems, and airbag systems. Moreover, the burgeoning demand for smartphones and medical equipment will augment the motion sensor market at a CAGR of 5.1% during the forecast period (2020–2030). Motion Sensor Market Quantitative Analysis, Current and Future Trends   According to P&S Intelligence, the market revenue is projected to surge from $4,430.7 million in 2019 to $7,...