Optoelectronic components are electronic components that respond to light
Optoelectronic components are widely being used in sectors such as residential and commercial, consumer electronics, industrial, healthcare, telecommunication, automotive and aerospace and defense. The growth of this market is being propelled by the increasing application of optoelectronic components due to its features such as long operational life and low power consumption making it ideal for numerous...
The significantly increasing adoption of flexible AC transmission systems (FACTS) in the electrical, renewables, and industrial market
Flexible AC transmission system (FACTS) is defined as a technology which consists of power electronics and other static components to increase controllability and power transfer ability of a network. With ever growing electricity demand and high efficiency requirements in diverse applications, the need for advanced measures for providing higher flexibility and reliability of existing power systems...
Asia-Pacific is the largest market for electromagnetic compatibility test equipment as it is the global hub for electronics manufacturing
The performance of an electronic device or a system can be affected seriously unless electromagnetic compatibility is taken into account. Electromagnetic compatibility (EMC) implies that a device or system does not emit electromagnetic energy that can affect nearby devices by causing electromagnetic interference (EMI) and the device itself must withstand against radio transmissions, human-borne disturbances,...
Head-up display is expected to have a growing demand in APAC during the forecast period.
This section details the current and potential opportunities in this market on the basis of applications and geographic regions. Head-up display is expected to have a growing demand in APAC during the forecast period.
Europe is leading the global HUD market in terms of market share owing to the number of automotive manufacturers present in this region that are involved in assembling HUD in luxury/premium...
Distributed Antenna System Equipment and Services Market is estimated to grow at a CAGR of 7.11%
The distributed antenna system equipment and services market is estimated to grow at a CAGR of 7.11% between 2015 and 2020. There is a growing demand for continuous coverage and connectivity inside buildings as people are using their personal devices such as smartphones and tablets to perform their work on a daily basis. The emergence of the ‘bring your own device’ (BYOD) trend in enterprises has...
VCSEL devices gained popularity in the sensing application as it was the core technology for optical mouse devices.
VCSEL technology, since its commercial availability in 1996, has been widely adopted in sectors such as data centers, consumer electronics, automotive, industrial, and healthcare among others. The major applications of VCSELs in these sectors are data communication and sensing. These two applications hold a very large share of the VCSEL market and are expected to further drive the demand in the coming...
Adoption of Proximity Sensors in industrial automation and automobile is likely to drive the Proximity Sensor Market
Increase in automation of complex production systems has led to the demand for components that are capable of providing important data regarding the production process. Proximity sensors facilitate process control in factories by detecting the presence and accurate positioning of metal objects. Proximity sensors help in automating procedures and even repetitive tasks resulting in efficient production...
Demand of Alarm Monitoring Market because rise in crime rates and increase for home automation and security system
The building alarms monitoring and equipment monitoring sectors are expected to be the largest end user applications in the global alarm monitoring market from 2014 to 2020. The rise in crime rates and increase in demand for home automation and security systems are some of the driving factors for the growth of the global alarm monitoring market. Furthermore, there is an increase in the use of the equipment...
Leak detection system for oil & gas helps in detecting the leakages during the process of oil & gas
Leak detection system for oil & gas helps in detecting the leakages during the process of oil & gas exploration & production, supply and distribution, and refining. The main purpose of the leak detection system is to assist pipeline monitors & controllers in detecting and localizing leaks. Leak detection system provide an alarm and display other related information of the leakage on...
Service laboratory is used widely in sectors such as material science, bioscience, industrial science, and electronics.
Service laboratory is used widely in sectors such as material science, bioscience, industrial science, and electronics. The growth of this market is propelled by the growing use of SEM and TEM for service laboratory applications and high usage of such equipment in the machinery & tools and metal & metallurgy sectors. Service laboratory are being extensively used in a wide range of sectors due...