Growth of Emergency Shutdown System Market Fueled by the Rising Demand from the Oil & Gas Sector
Emergency shutdown (ESD) systems are designed for the purpose of minimizing the consequences of emergency situations, especially in the oil & gas sector where safety is the major concern. Lack of proper safety measures may lead to production loss and hazards such as outbreak of fire, explosions, leakages in oil and gas. Due to these advantages, the demand for ESD systems has increased over the...
Border Security System Market Witnessing Stronger Growth due to Rising Need for Advanced Security Solutions
With the growing number of threats and attacks, governments are now rapidly increasing the security level, especially at the borders in order to reinforce protection to their countries. Governments and organizations are now actively investing as well as spending for powering up their surveillance and control systems and tackling the increasing number of terrorist attacks, infiltration, illegal immigrations,...
Researchers Predict Promising Future for the Global 3D & 4D Technology Market
3D & 4D technologies are fast gaining momentum across the globe. With 2D technology having had its share of the long stay and use in the industry, 3D has picked up pace since the past few years. 3D has become quite popular in multiple applications such as 3D printing, 3D gaming, and 3D imaging, among others. Following 3D, 4D technology is also gaining attention at a rapid pace, with the entertainment...
Hybrid Memory Cube and High-Bandwidth Memory Market Poised for an Explosive Growth in the Near Future
With the shrinking sizes of chips and growing memory content and applications, hybrid memory cube (HMC) and high-bandwidth memory is rapidly replacing the traditional DRAM memory technologies. HMC is a high-performance RAM in terms of bandwidth, power efficiency, and reliability, along with utilizing less energy and storage space as compared to the DRAM memory. Owing to these advantages, the demand...
Growth of Smart Agriculture Market Backed by Increased Adoption of Technology in Agriculture
Nowadays, technology is rapidly making its presence felt in the agricultural industry as well. Escalating demand for food across the globe led to the utilization of agriculture resources in an efficient manner for maximum output along with faster decision making. This is where smart agriculture comes into picture. Using smart agriculture enhances the skills and knowledge of farmers, thereby improving...
Worldwide Laser Technology Market Poised to Have a Bright Future Ahead
Laser technology has emerged as a booming technology, owing to it extensive use in defense & security, industrial, and medical sectors. One of the major applications of laser is optical communication since it ensures better quality, accurate results, and is reliable as compared to conventional methods. Thanks to the advancements in technology, innovative and upcoming applications, and declining...
Battery Energy Storage System Market Advancing Rapidly due to Growing Electric Vehicles Market
Battery energy storage systems are designed to facilitate the transitioning to different ways of generating and distributing electricity as and when required. The demand for battery energy storage systems have increased over the past few years, owing to rising use of batteries in electric vehicles such as battery electric vehicles and plug-in hybrid electric vehicles. Among all battery types, lithium-ion...
Electronic Sensors Market in Consumer Industry Flourishing in APAC due to Huge Demand
Thanks to the advancements in technology, sensors play an essential role, especially when it comes to consumer industry. It makes the task easy, efficient, and more productive. With the escalating demand for devices such as smartphones, tablets, or wearable devices with advanced features, the demand for electronic sensors has also witnessed a huge growth over the past few years. The market has a huge...
Vehicle Surveillance Market to Continue Taking the Spotlight with Impressive Growth
With the increasing concerns regarding security, the governments across different countries have brought about some favorable changes in regulations mandating in-vehicle surveillance products for the safety of passengers. The market for vehicle surveillance covers three major markets, namely, in-vehicle surveillance, under-vehicle surveillance, and out-vehicle surveillance. Increasing demand and sales...
Electric Vehicle Charging Stations Market Flourishing in Asia-Pacific due to the Increasing Use of EVs
With the advancements in electric vehicles over the past few years, the electric vehicles charging stations have also undergone a lot of developments. It is an element in an infrastructure which is responsible for supplying electricity required for recharging battery electric vehicles (BEVs) or plug-in-hybrid electric vehicles (PHEV) batteries. The market for EVCSs is growing rapidly due to the expanding...