LiDAR Market to Witness Impressive Growth in the Near Future
Light detection and ranging (LiDAR) is a sensing or surveying technology that is used for measuring distance by illuminating the target with laser. Introduction of LiDAR has enabled to examine, detect, and map objects in an easy way as compared to conventional methods since use of laser light provides accurate, precise, and fast data within short time. Moreover, it increases efficiency and reduces...
Robotic Vision Market to Grow with the Growing Demand and Adoption
Robotic vision is used in industries for improving quality, correct packaging, and material handling operations because of strict government regulations and growing awareness regarding food & beverage safety, thus ensuring better quality and safety, preventing defective products from entering the supply chain, and facilitating product traceability. This technology is being adopted by many companies...
GaN Power Devices Market to Witness Massive Growth in the Near Future
Gallium Nitride (GaN) is the perfect substitute material for silicon in power applications with medium voltage. Owing to its enhanced features like power efficiency at high voltages, greater reliability, and flexibility in power rectification, power factor correction, and amplification, GaN is being preferred over silicon in power electronics. It is emerging as the highly sought-after energy-efficient...
Electronic Shelf Labels Market Foresees Promising Growth in the Near Future
Electronic shelf label (ESL) systems are small wireless displays used by retailers for displaying the prices of products kept on shelves. The prices are directly linked to the store’s scanning database, and the prices of the items can be modified remotely from any centralized location. The growing demand of retailers for automating their product pricing, using centralized management system that is...
Smart Camera Market Poised to Witness a Smarter Growth in the Coming Years
Technology is getting smarter with each passing day, with smart cameras being one of them. Changing consumer preferences, enhanced functionalities of smart cameras, and rising concerns regarding safety and security are what making them more and more popular. It is increasingly being used in various applications like public spaces, military & defense, transit facilities, commercial facilities, enterprise...
Non-Volatile Memory Market Set to Transform Consumer Applications with Growing Demand
Non-volatile memory is a term used for any kind of memory or storage devices like F-RAM, flash memory, and read-only memory among others, which retain data even if the power is turned off. It is used extensively in memory chips for USB sticks and digital cameras. Increasing developments and innovations in technology has boosted the growth of the non-volatile market in a significant way. With rising...
FPGA Market Poised to Witness Stronger Growth over the Coming Years
Field Programmable Gate Array (FPGA) is an integrated circuit or semiconductor device that is an essential part of any electronic device. They can be reprogrammed for desired functionality even after manufacturing. Moreover, its advantages like fast and efficient processing, simple design cycle, field re-programmability, fast time-to-market, and lower non-recurring expenses make it suitable for use...
Artificial Intelligence Market Shows Signs of Growth in Healthcare and Finance Sectors
Artificial Intelligence is an ever-growing and ever-changing field in which intelligence is manifested by machines and software. Over the past years, it has made its presence felt in the industry in a significant way. It makes use of previous data for analyzing and keeping a track of the system so as to smoothen operational process with the help of computer software that uses certain algorithms and...
Sensor Technologies to push the global IoT Chip Market towards Double Digit Growth
With the rapidly growing technology, the Internet of Things (IoT) is fast becoming a buzzword across the globe. From connected cars to smart watches and wearable devices, the IoT technology is making its presence felt at a fast pace, allowing the consumers to transform the way they control things. All this is possible because of various communication technologies and sensors that are now being embedded...
Infrared Detector Market: Good Growth Detected in the Near Future
Infrared detector is a sensing device that picks up infrared radiations within the infrared band range, with the two major types being photodetectors and thermal detectors. With the technology advancing with every step, the market for IR detectors has seen a substantial rise in their demand over the past few years. They are fast becoming popular in consumer electronic devices such as smartphones, smart...