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...
Automated Fingerprint Identification System Market Foresees Good Times Ahead
The automated fingerprint identification system (AFIS) is the biometric technique that stores and analyzes the fingerprint data using digital imaging technology. The increased implementation of AFIS as a secure identification system has created a huge demand for AFIS solutions from various application industries across the world. Moreover, transition from traditional manual process to digital process...
Temperature Sensors Market Heating Up due to the Growing Demand from Industries
Temperature sensors have been around for decades and are among the major devices used for measuring and controlling temperature, with applications ranging from household purposes to industrial. Latest developments in temperature sensing technology have led to a rapid growth of this market. Moreover, it is also gaining attention due to the growing adoption of HVAC technology for industrial as well as...
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...
Light Sensors Market Foresees Bright Future Ahead
Constant innovations and developments in technology are leading the market for lighting and electrical industry to come up with different and varied applications in consumer electronics, automotive, and industrial machineries. Increasing demand for consumer electronics such as smartphones and tablets and the growing market for in-built proximity sensors and gesture recognition has led to a huge demand...
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...