Artificial Intelligence Predicted to Shape the Future of Oil & Gas Market in the Coming Years
Oil & gas are the most valued commodities in the whole of the energy sector. Over the past decade, the use of technology in the oil & gas industry has witnessed an immense growth, mainly to enhance efficiency, reduce costs, and minimize the downtime. Owing to the increasing concerns over the impact of energy production on the environment, the oil & gas companies are actively adopting innovative...
Substation Automation Market Steadily Driven by Energy Demands
Automation of power system has numerous advantages in terms of monitoring and distribution of energy across the world. As a result, the power automation market is booming since the past few years. Automation of substations assists controlling and monitoring operations at electronic substations. Power transmission and distributions services are aiming at full automation of the substations. Global substation...
Solid State Lighting Market Driven by Growing Automotive Sector
Traditional lighting technologies work with help of different sources of illumination like gas, electrical filaments and plasma. Solid-state lighting or SSL on the other hand works on semiconductor light emitting diodes or LEDs, OLEDs and PLEDs. Instead of thermal radiation, which is popularly used in incandescent bulbs, these lights work on solid state electroluminescence. The global market for lighting...