power and energy

The burgeoning sales of smartphones in both developed and developing countries are driving the demand for radio frequency (RF) semiconductors across the world. Emerging economies such as India, Pakistan, China, Nigeria, and Indonesia are witnessing a sharp surge in smartphone usage, on account of the rising internet penetration, soaring disposable income of people, and increasing urbanization rate. According to the Global System for Mobile Communications Association’s Mobile Economy 2020 report, in APAC, smartphone usage will rise from 64% of the total population to 81% from 2019 to 2025. The other major factor driving the expansion of the RF semiconductor market is the growing adoption of the internet of things (IoT) technology in various operations. IoT assists in building an interconnected framework of physical things such as smart systems through secure networks with the help of RF technologies. For instance, RF transceivers are incorporated in smart home systems for connecting wit...

  A number of factors such as booming requirement for high bandwidth, escalating need for effective cable management, and surging data center sector are expected to drive the Indian structured cabling market at a CAGR of 11.5% during the forecast period (2020–2030). According to P&S Intelligence, the market revenue stood at $508.0 million in 2020 and it is projected to reach $1,504.9 million by 2030. Moreover, the market is witnessing a trend of rapid digitization in India. One of the primary factors for the market growth is the burgeoning demand for high bandwidth, owing to the surging penetration of internet in Indian. Structured cabling enables high bandwidth, which has become a necessity for smooth operations in business organizations. This demand is rising at a rapid pace, owing to the high data transfer capability, flexibility, and low cost of the structured cabling. As it is the basis of efficient IT infrastructure, this type of cabling is getting attention from the gove...

  Among the top manufacturing nations in the world are China, Japan, India, and South Korea. Their booming population and export volume are leading to a continuous increase in industrial production. New manufacturing clusters are being set up, and a huge volume and variety of production equipment is being procured in order to fulfill the rising demand for all things imaginable. One of the key pieces of equipment used at factories is an air compressor, often as part of larger machines that operate on pneumatics (air pressure). Therefore, as per P&S Intelligence, with the burgeoning industrial production, the value of the Asia-Pacific (APAC) air compressor market will increase to $15.2 billion by 2024 from $11.8 billion in 2018, at a 4.1% CAGR during 2019–2024 (forecast period). Some of the common industrial machines that work on pneumatics, therefore require air compressors, are rock drills, riveters, pavement breakers, paint sprayers, forging presses, blast cleaners, nail guns,...

  With the rising usage of fingerprint sensors in various government sectors and applications, their sales are surging sharply across the world. Government organizations, military headquarters, courts, and various other public organizations are increasingly adopting advanced fingerprint sensors for improving the security of their premises. These devices authenticate the identity of the person entering the premises. This subsequently mitigates the chances of identity thefts and prevents identity duplication during the provision of several government services to the citizens. For example, the Unique Identification Authority of India (UIDAI) uses Aadhaar-based biometric identification for dispersing the various benefits sanctioned under different social welfare schemes to the people belonging to the economically weaker sections of the society. This model involves the capturing of the fingerprints of people so that their identity can be easily authenticated. Besides this, the usage of ...

  With the mushrooming demand for greater efficiency and higher productivity in industrial operations, industrial automation is rapidly becoming a necessity all over the world. The adoption of robotics systems and other automated solutions is making it possible for industries to achieve higher productivity and augment their revenue generation. As stepper motors are extensively used in robotics systems, the growing usage of industrial robots is massively pushing up the requirement for stepper motors across the world. Besides reducing the dependency on human workers and thus mitigating the possibility of errors in various factory operations, industrial robots also provide personal assistance to the workers on the floor, which helps in increasing the overall productivity. Moreover, these robots are also used as autonomous vehicles which boosts the speed and efficiency of warehouse and logistics operations. Apart from being required in industrial robots, stepper motors are also used in...

  The rapidly declining prices of solar lighting systems is one of the major factors fueling the sales of solar street lighting systems across the world. As per a National Renewable Energy Laboratory (NREL) report, there was a massive decline in the prices of solar panels, that is, from $10 / W to nearly $2 / W from 1980 to 2010. This represented a reduction of as much as 80% over the 30-year period.  Moreover, the prices further fell from $0.70 / W in 2015 to $0.35 / W in 2019, registering a decline of 50% during that period. The decline in the costs of these panels is positively impacting their sales across the world. Besides this factor, the rapid development of smart cities in various countries such as India, China, Saudi Arabia, South Korea, and the U.S. is also fueling the demand for solar street lighting systems across the world.  Get More Insights: Solar Street Lighting Market Segmentation Analysis Report China has invested heavily in these smart city development ...

 With the sharp rise in terrorism and security concerns, the demand for physical security solutions is growing rapidly in the Asia-Pacific (APAC) region. Moreover, the increasing security concerns are making various regional countries such as China, India, Vietnam, Indonesia, and Singapore deploy physical security devices and equipment, especially video surveillance systems. There were over 300 terrorist attacks in APAC between 2012 and 2018, with Afghanistan and Pakistan reporting the highest number of terrorist attacks in the region during that period.  Besides the increasing threat of terrorist attacks, the rising prevalence of crimes is also propelling the demand for physical security systems in the APAC region. For example, in China, there were 39,230 robberies, 3,459,742 thefts, and 7,990 homicide cases reported in 2017. Similarly, Malaysia witnessed 379 homicide cases, 42,160 vehicle thefts, 16,200 house break-ins and thefts, and 14,128 robberies in 2017. On the other h...

 Industrial processes these days have become increasingly complex, along with which, the labor cost is increasing across the globe. In addition to this, the need for increasing productivity in manufacturing facilities has grown substantially as well due to the surging population. Because of these factors, the demand for automated solutions has risen in the industrial sector, which, in turn, is driving the demand for autonomous mobile robots (AMR).  Robots that can understand and operate in their environment without the presence of an operator are referred to as AMRs. These robots are integrated with a number of sophisticated sensors which allow them to interpret and understand their environment. It is because of these sensors that AMRs are able to perform their tasks in an efficient manner by navigating around different kinds of variable and fixed obstructions. AMRs are flexible robots that find the most efficient route for achieving a task.   Get More Insights: Auto...

  The increasing consumption of ready-to-eat food items has massively bolstered the demand for commercial refrigeration systems and equipment across the world. Moreover, owing to the surging disposable income, the people of many countries, particularly those in the eastern part of the world, are increasingly demanding various ready-to-eat food items. In addition to this, the changing food preferences of people and the rising influence of western lifestyles are causing the development of numerous hypermarkets, fast food and restaurant chains, and supermarkets selling ready-to-eat food products.  The rapid development of such food outlets and the upgradation of small restaurants and grocery stores are bolstering the sales of commercial refrigeration systems as these systems are heavily required in these stores. Furthermore, the development of organized food retail chains and the growing popularity of e-commerce are boosting the need for food storage, which is, in turn, fueling t...

The trend of indoor farming is picking up as it can protect crops from natural forces, such as too much rain, drought, hail and snow, too much sunlight, and pests and rodents. This is becoming important in a time when the weather patterns are becoming increasingly erratic. Now, incessant or no rain, extended droughts and periods of dryness, and sudden hail are becoming common. Such events destroy crops growing in the open, which leads to revenue loss for farmers and reduced food supply for the millions of people on the earth. Thus, the growing trend of indoor farming will drive the grow lights market to $5,954.1 million by 2023 from $2,653.2 million in 2016, at a 12.5% CAGR between 2017 and 2023, as per P&S Intelligence. This will be because being farmed indoors, plants need to be provided with artificial light in order to carry out photosynthesis. Hence, the role of the natural sunlight is taken over by modern lights, the color and intensity of which can be controlled based on the...

  The U.S. Department of Energy has enacted the appliance/lighting efficiency standards under its Energy Independence and Security Act of 2007 (EISA) to steer the country toward greater energy security and independence. The EISA encourages the adoption of light emitting diodes (LEDs) to reduce energy consumption by around 25%. Such regulations, which aim at curtailing energy consumption, are expected to augment the adoption of high-power LEDs in the forthcoming years. In comparison to conventional lights, these lights work for longer hours at lower maintenance costs.  Moreover, the upcoming sports events, such as the 2022 Winter Olympics, 2023 ICC Cricket World Cup, and 2022 FIFA World Cup, will also help the high-power LED market to grow at a CAGR of 5.3% during the forecast period (2019–2024). According to P&S Intelligence, the market was valued at $12,647.2 million in 2018, and it will generate $17,581.5 million revenue by 2024. Stadiums and other sports venues are depl...

  The U.A.E. heating equipment market reached a valuation of $89.5 million in 2019 and is predicted to register a CAGR of 2.9% between 2020 and 2030. Furthermore, the market will generate $121.4 million revenue by 2030, as per the estimates of P&S Intelligence, a market research firm based in India. The prominent factors fueling the boom of the market are the burgeoning requirement for heating devices in the hospitality industry and the soaring construction activities in the country. The rapid advancement of the hospitality domain, on account of the surging tourism activities, is a major factor propelling the growth of the U.A.E. heating equipment market . According to reports, the travel and tourism sector is predicted to grow to $116.1 billion valuation by 2027. Furthermore, the country has launched several projects for attracting 20 million travelers to Dubai every year by 2020 and as many as 10 million tourists to Sharjah annually by 2021. This is boosting the construction ...

The growing requirement for greater road safety, owing to the rising incidence of road accidents, is encouraging the governments of several countries to make huge investments in advanced technologies, such as tunnel automation, for improving surveillance, security, lighting, air conditioning, ventilation, and various other facilities. According to the World Health Organization (WHO), around 1.3 million lives are lost every year because of road accidents. Furthermore, the organization reported that road accidents cost several countries as much as 3% of their gross domestic product (GDP).  Apart from the aforementioned factor, the increasing incorporation of cloud and internet of things (IoT)-based technologies in tunnels is also propelling the tunnel automation market to new heights. Tunnel automation systems are being increasingly incorporated with innovative technologies, such as cloud computing, data analytics, and the IoT, that provide an edge over manual management methods. Dat...

 The construction sector of India, the U.S., Qatar, Saudi Arabia, and the U.A.E. is witnessing significant growth due to the soaring number of tourists and upcoming events, such as the FIFA World Cup 2022 and Dubai Expo 2020. To accommodate the rising number of tourists, sportspersons, and officials from around the world, these countries are focusing on the construction of hotels, restaurants, shopping complexes, airports, and skyscrapers at war footing. These facilities require heating, ventilation, and air conditioning (HVAC) equipment to offer comfort to customers. Moreover, the surging number of government initiatives to replace old HVAC systems with energy-efficient variants will aid the HVAC market in exhibiting a CAGR of 4.8% during 2020–2030. The market was valued at $240.8 billion in 2019, and it is expected to generate $358.1 billion in 2030. For instance, the Ministry of Power, under the government of India, introduced the 'Eco-Niwas Samhita 2018', an Energy Conserv...