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Booming Smartphone Sales Driving RF Semiconductor Demand

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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...

India Structured Cabling Market To Grow at 11.5% CAGR during 2020–2030

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  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...

Why Are Air Compressor Sales Rising in APAC Manufacturing Sector?

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  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,...

Why will Demand for Fingerprint Sensors Soar in Asia-Pacific in Near Future?

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  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 ...

Thanks to Stepper Motors, Industrial Automation is Now a Reality

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  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...

Demand for Solar Street Lighting Systems Set to Skyrocket in Asia-Pacific in Near Future

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  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 ...

Demand for Physical Security Systems Set to Soar in India and China in Future

 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...