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Showing posts from May, 2021

Ultrasonic Sensor Market Outlook and Opportunities in Grooming Regions

P&S Intelligence credits the increasing focus on road safety as a key factor to propel the ultrasonic sensor market size from $4.1 billion in 2019 to $12.1 billion by 2030, at a healthy 10.2% CAGR during 2020–2030 (forecast period). This is because parking assist and objection detection ADASs emit ultrasound, or ultrasonic waves, which is sound with a frequency higher than 20 kilohertz (kHz), and then wait for the sensor to detect the waves, as they rebound from nearby objects. The time difference between the emission of the wave and its detection by the ultrasonic sensor gives an idea of the distance between two objects. Under the application segment, the ultrasonic sensor market is categorized into distance measurement, level measurement, loop control, object & pallet detection, diameter measurement, and others. Moreover, the demand for smart farming equipment is growing on account of the booming regional population. Get the Sample Copy of this Report @ https://www.psmarketr...

Coronavirus Impact on Certificate Authority Market - Latest Trends, Demand and Growth Analysis

The global certificate authority market generated a revenue of $81.7 million in 2019 and is predicted to reach a valuation of $285.7 million by 2030. Moreover, the market will advance at a CAGR of 12.3% between 2020 and 2030. The growing public awareness about protected web access, the increasing number of internet users, the soaring number of financial transactions that require authentication and secure connection, and the growing demand for building trust in customers are the major market growth drivers. Apart from the aforementioned factors, the growing public awareness about secure web access is also positively impacting the progress of the certificate authority market across the world. Moreover, the rising penetration of the internet is fueling the incidence of cyber attacks and frauds. As per reports, the number of internet users across the world increased from nearly 4.3 billion in December 2018 to around 4.6 billion in December 2019. Get the Sample Copy of this Report @ https:...

Transparent Display Market Assessment Covering Growth Factors and Upcoming Trends

Factors such as escalating demand for smart glasses and growing adoption of transparent displays in the advertising industry will accelerate the transparent display market at 46.2% CAGR during the forecast period (2019–2024). The market stood at $524.7 million in 2018 and it is set to value $4,933.6 million in 2024. The market is currently observing high adoption of transparent organic light-emitting diode (OLED) displays, as these are more beneficial than liquid crystal display (LCD) displays, due to the fact that they offer better viewing angles and higher image resolution than the latter. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/transparent-display-market/report-sample Moreover, the intensifying advancements in the healthcare sector will fuel the transparent display market in the forecast period. Healthcare facilities are using these products during surgical procedures and checkup of patients. These screens display vital sign of patients,...

Wi-Fi Analytics Market Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030

On account of the booming number of smartphone users, escalating public Wi-Fi deployment rate, and rising integration of the big data technology, the Wi-Fi analytics market is projected to advance at a robust CAGR of 24.2% during the forecast period (2020–2030). The market generated $5,210.0 million in 2019, and it is expected to reach $52,975.5 million by 2030. Wi-Fi analytics includes the use of Wi-Fi networks to gather data from Wi-Fi-equipped devices, such as laptops and smartphones.  The collected data includes the overall information on the device trends and behavior within the network and outside. The component segment of the Wi-Fi analytics market is categorized into solutions and services. Under this segment, the solutions category dominated the market in 2019 due to their increasing deployment in restaurants, sports arenas, retail stores, and business enterprises. Currently, businesses are focusing on redefining their user experience via targeted marketing and accessing ...

COVID-19 Impact Analysis on U.A.E. Chiller Market Insights on Strategies of Key Players

P&S Intelligence credits this construction boom while forecasting that the U.A.E. chiller market will grow from $134.7 million in 2018 to $186.4 million by 2024, at a 5.9% CAGR between 2019 and 2024 (forecast period). Chillers are a popular choice of cooling systems in large settings, such as factories, hotels, office complexes, and shopping malls. In 2019, Dubai alone had over 3,000 under-construction projects valued at around $245 million, with many more under various stages of implementation. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/uae-chiller-market/report-sample As per to the World Travel and Tourism Council, the tourism and hospitality sector generated 11.3% of the U.A.E.’s gross domestic product (GDP) in 2017. Moreover, government initiatives, including the Sharjah Tourism Vision 2021, Dubai Tourism Strategy 2020, and Ajman Tourism Plan for Tourism 2015-2021, were launched to give this sector a further boost. By 2025, Ras Al...

Potential Impact of COVID-19 on Quantum Computing Market Analysis on Current Trends and Growth

Under the National Quantum Initiative Act passed in December 2018, the U.S. House of Representatives allocated $1.2 billion to the National Quantum Initiative Program. The funds are for a 10-year program that seeks to develop quantum information science (QIS) applications. Similarly, the Institute of Electrical and Electronics Engineers (IEEE) Standards Association Quantum Computing Working Group is developing related standards for the establishment of nomenclature rules and definitions for the language used for quantum computing and performance benchmarks and metrics that would help compare the functioning of quantum computers to that of classical computers. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/quantum-computing-market/report-sample In the same vein, private companies, most prominently IBM Corporation, Google LLC, and Microsoft Corporation, are investing in the field to develop a deeper understanding of it and put it to commercial use. ...

Electric Vehicle Charging Cables Market Competitive Landscape, Insights by Geography, and Growth Opportunity

The global electric vehicle charging cables market generated a revenue of approximately $250 million in 2020, and it will exhibit huge expansion from 2021 to 2030, as per the estimates of P&S Intelligence, a market research firm based in India. The factors fueling the market surge are the growing deployment of electric vehicles (EVs), increasing concerns being raised over the escalating air pollution levels, and the burgeoning demand for public EV charging facilities and infrastructure. With the soaring adoption of EVs, the governments of many countries are actively focusing on developing EV charging stations. Moreover, several governments are making huge investments for developing and installing EV charging stations in various public places. As per the International Energy Agency (IEA), the total number of EV charging points around the world increased by nearly 44% from 2017 to 2018. The development of these stations is fueling the advancement of the electric vehicle charging cabl...

AutoML Market Size, Trends, Company Profiles, Growth Rate, Trends and its Emerging Opportunities

The automated machine learning (AutoML) market is expected to accelerate at a monumental CAGR of 43.7% during the forecast period (2020–2030), on account of the increasing importance of predictive lead scoring, spurring demand for efficient fraud detection solutions, and soaring need for personalized product recommendations. The market generated $269.6 million in 2019, and it is projected to touch $14,511.9 million by 2030. Moreover, the rising preference for cloud-based platforms, such as software-as-a-service (SaaS), will support the market growth in the coming years, as it allows users to access AutoML solutions Securely. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/automated-machine-learning-market/report-sample Moreover, the surging importance of effective product assortment is also expected to accelerate the automated machine learning market in the coming years. Selecting the correct mix of products in a retail store is important for retai...

APAC Compressor Market Drivers, Restraints, Opportunities, and Trends in Coming Years

The Asia-Pacific (APAC) compressor market attained a value of $19.9 billion in 2019, and it is predicted to advance at a CAGR of 3.2% between 2020 and 2030. Furthermore, the market will generate a revenue of $25.7 billion by 2030. The factors driving the market expansion are the expansion of the heating, ventilation, and air conditioning (HVAC) and automotive industries and the surging investments being made in infrastructural development and gas pipeline projects in the region. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/apac-compressor-market/report-sample The soaring infrastructure spending of several APAC countries such as India and China is fueling the growth of the market. For instance, China currently has many infrastructural projects in the pipeline, with the transportation sector being one of the major contributors. The country announced the launch of urban rail projects worth $43.3 billion (CNY 298 billion) in Shanghai in December 201...

Fraud Detection and Prevention Market Quantitative Analysis, Current and Future Trends

The rising concerns about mobile payment frauds have led to the widescale adoption of fraud detection and prevention solutions, worldwide. With online transactions through mobile devices outnumbering the transactions through desktop devices, fraudulent activities have increased significantly. Nowadays, cybercriminals are using desktop-based mobile emulators that enable them to mimic different iOS and Android devices. The growing incidence of mobile transaction fraud will, therefore, drive the fraud detection and prevention market at a high CAGR of 15.1% during the forecast period (2019–2024). Among these, the digital ad frauds category is set to witness the fastest growth during the forecast period owing to the high penetration of social media platforms, which serve to trap users into fraudulent plans. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/fraud-detection-and-prevention-market/report-sample The market value is expected to reach $47,903....

Ban on Tobacco Smoking Boosting E-Cigarette Usage

The surging consciousness about environmental and human health has led to the increasing adoption of vaping products globally. The dangers of tobacco smoking have encouraged governments to undertake several initiatives aimed at creating a sustainable and greener environment, such as imposing a complete ban on tobacco smoking in specific areas. This is forcing smokers to leave the restricted areas or shift to e-cigarettes, which provide the same sensation as conventional cigarettes and do not emit tobacco smoke. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/e-cigarette-market/report-sample Moreover, the easy availability of vaping devices on several distribution channels will drive the e-cigarette market at a CAGR of 9.2% during the forecast period (2020–2030). The market was valued at $15.7 billion in 2019, and it is expected to reach $39.0 billion by 2030. For instance, manufacturers of vaping products are promoting and selling their offerings ...

How Are AR Applications Fueling SLAM Technology Market Growth?

Besides, the rising applications of UAVs will also drive the SLAM technology market during the forecast period. For instance, UAVs are used in the defense sector for location mapping, surveillance, reconnaissance, and intruder detection. Further, the agriculture sector uses UAVs for livestock monitoring and crop spraying. Apart from this, the UAVs are also used for aircraft maintenance, pedestrian traffic monitoring, filmmaking, and geomagnetic surveys. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/slam-technology-market-report/report-sample Thus, the increasing applications of UAVs increase the demand for SLAM technology, which is used in these systems to identify the surroundings. Categories under the type segment of the SLAM technology market include extended Kalman filter (EKF), fast, and graph-based. In 2019, the EKF category held the largest market share, owing to the low algorithm complexity of EKF technology, as compared to others. Wherea...

Mushrooming Electric Vehicle Sales Fueling Expansion of Global Electric Motor Market

The global electric motor market attained a revenue of $118.2 billion in 2019, and it is predicted to reach a value of $195.2 billion by 2030. Furthermore, the market will advance at a CAGR of 4.8% from 2020 to 2030, as per the estimates of P&S Intelligence, a market research company based in India. The market is being driven by the growing demand for heating, ventilation, and air conditioning (HVAC) equipment and electric vehicles (EVs) across the world. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/electric-motor-market/report-sample Additionally, the surging demand for energy-efficient electric motors in high power consuming industries is also propelling the market expansion. Electric motors consume nearly 70% of the total energy, with compressors needing the highest amount of power, in the manufacturing sector. Thus, to reduce the operating expenditure and mitigate the environmental degradation, high power consuming industries all over th...

How Is Focus on Billing Accuracy Supporting Smart Meters Market Growth?

The adoption of efficient and smart control and monitoring devices to increase the accuracy of billing in the service sector has become a key trend in the smart meters market . For instance, the Energy Efficiency Services Limited (EESL), an energy service company under the government of India, propounded that states having smart meters witnessed an average rise of around 25% in billing, as compared to the states working with traditional meters.  This is expected to drive the demand for smart meters. Categories under the smart meters market include water meter, gas meter, and electric meter. Among these, the electric meter category dominated the market during the historical period (2014–2019), due to the constant encouragement from various governments and jurisdictive bodies to install smart electric meters. These meters offer benefits such as fraud detection, peak consumption knowledge, and energy saving. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-...

MEA Industrial Refrigeration Systems Market Business Analysis, Growth and Forecast Report

Currently, the practice of using natural refrigerants, such as water and carbon dioxide (CO2), is providing lucrative opportunities to companies operating in the MEA industrial refrigeration systems market. This is because the application of CO2 offers higher efficiency than the other refrigerants like chlorofluorocarbon (CFC), hydrofluorocarbon (HFC), and hydrochlorofluorocarbon (HCFC). Moreover, the non-hazardous property of CO2 makes it a more viable option than other chemicals. Unlike other refrigerants, CO2 does not lead to ozone layer depletion. The equipment segment of the MEA industrial refrigeration systems market is categorized into controls, compressors, evaporators, condensers, and others including, vessels, pumps, auxiliary equipment, and valves. Among these, the compressors category accounted for the largest market share in 2017, owing to the highest cost of this equipment. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/mea-industria...

How Coronavirus Pandemic Will Impact Data Center Colocation Market : Opportunities, Demand and Trends

The rapid digitization and adoption of artificial intelligence (AI) and the internet of things (IoT) technologies have resulted in the generation of huge amounts of data, which requires efficient and cost-effective ways of storage and management. Setting up a private storage facility is a costly affair, and many small and medium enterprises (SMEs) cannot bear this cost. However, SMEs that utilize cloud computing are not required to invest huge amounts in the construction of data centers. To reduce the cost burden, these companies depend on data colocation centers. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/data-center-colocation-market/report-sample Currently, the world is observing a considerable rise in the number of green data centers due to the increasing concerns about air pollution. Industries are focusing on reducing the emission of greenhouse gases (GHG) and attaining maximum energy efficiency, thereby leading to the popularity of gree...

Machine Condition Monitoring Equipment Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologies

With the rising requirement for efficient and effective operations in smart factories and the growing demand for higher plant productivity and innovation, the popularity of machine condition monitoring equipment is soaring all over the world. These systems provide factories and plants the flexibility required for accommodating a wide and diverse range of production interfaces and processes for smooth information exchange between the process visualization unit, operator, and the plant control system. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/machine-condition-monitoring-market/report-sample This is subsequently driving the growth of the global machine condition monitoring equipment market . Depending on monitoring type, the market is divided into ultrasound emission, vibration monitoring, thermography, lubricating oil analysis, and corrosion monitoring and motor current signature analysis. Out of these, the motor current signature analysis cat...

Business Impacts of COVID-19 on AR and VR Market Strategies of Major Industry Competitors

The global augmented reality (AR) and virtual reality (VR) market generated a revenue of $37.0 billion in 2019 and it is predicted to progress at a CAGR of 42.9% between 2020 and 2030. Furthermore, the market will reach a value of $1,274.4 billion by 2030. The increasing adoption of the AR and VR technologies in the healthcare, entertainment, education, gaming, and tourism sectors is one of the major factors fueling the advancement of the market across the globe. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/augmented-reality-and-virtual-reality-market/report-sample   Besides the aforementioned factor, the growing usage of smartphones and tablet computers is also propelling the expansion of the AR and VR industry across the world. According to various reports, the total number of smartphone users all over the world is predicted to rise to 3.5 billion by 2020, registering a growth rate of 9.3% from 2019. As smartphones are suitable hardware i...