Smart Irrigation Market to have Good Business Opportunities in the Coming Years

Smart irrigation makes use of various technologies in the process of irrigation such as weather-based controllers, rain sensor, temperature sensor, network elements, water meter, sensor-based controller, and others. These advanced irrigation systems contain sensor networks that help in the real-time monitoring of weather and soil conditions. Developments and innovations in technology has led to the...

Mobile Augmented Reality Market to Garner Massive Recognition in the Years to Come

Augmented reality is revolutionizing the way we see things, with one of the recent examples being the Pokemon GO game, which is a location-based augmented reality mobile game, and it is spreading like wildfire across the globe. With the development of this technology and more and more applications, the shift to the use of mobile in AR applications is expected to bring in winds of change in the digital...

Growing Urbanization and Construction Activities Paving New Opportunities for Smart Elevator Market

Smart elevators are proving to be fast and more energy efficient in comparison to the conventional elevators. The huge demand for these energy-efficient elevators combined with the rapidly increasing construction activities across the globe are expected to boost the market growth, surpassing the USD 26 Billion market by the end of 2022. They help in minimizing the overall energy consumption and managing...

Terahertz Technology Market Gaining Impetus from Growing Applications

Terahertz technology is an emerging and a highly popular field of research that finds usage in various applications such as terahertz imaging, terahertz spectroscopy, and terahertz communication. Terahertz range lies between the frequency bands of microwaves and infrared radiation. The energy in the radiation is low enough so as not to pose any risk to the subject or object under examination. It has...

Intelligent Power Module Market Spurred by Increased Focus on Adoption of Renewable Power Sources

Intelligent power modules (IPM) are highly integrated, compact, and energy-efficient power modules that are used to drive motor in various applications. They increase the power density and system reliability by offering an enhanced monitoring level, thus improving the overall performance as well. Also, the compact design of these power modules helps in reducing the number of components that are purchased,...

LED Driver Market Powering Up due to Increased Adoption

LED drivers offer better quality, efficiency, durability, and performance by managing and controlling the flow of current for LED lights. Moreover, it also improves the energy consumption and easy to install. LED drivers are mainly used in a variety of applications such as residential, commercial, and outdoor & traffic lighting, among others. Increased demand for energy-efficient lighting systems,...

Growing Demand in Space and Military Applications Paving a New Path for Cryocooler Market

Cryocooler is a refrigerator or a standalone cooler used for cooling materials at ultra-low or cryogenic temperatures as low as 150K where the gases are liquefied. It finds application in different industry verticals like military, space, medical, commercial, energy, and environmental, among others. Gifford-McMahon cryocoolers, Pulse-Tube cryocoolers, Stirling cryocoolers, Joule Thomson cryocoolers,...

Home Automation System Market Expanding with Growth in IoT Applications

With the continuous developments and innovations in technology, home automation solutions are rapidly evolving, thus providing better performance and efficiency coupled with conservation of energy and lower costs of labor. It involves various applications such as lighting control, safety and security, entertainment, HVAC controls, etc. The growing awareness regarding the energy conservation and digitization...

Energy Harvesting System Market Set for Huge Growth in the Near Future

Energy, as we know, is available in different forms such as solar, wind, thermal, and mechanical, among others. Energy harvesting is a process of capturing or collecting, storing, and managing the energy in such a manner that it can be used later for any purpose, mainly by converting it into electrical energy. It is one of the most promising and efficient technologies to meet the energy crisis as well...

Increased Investments in Power and Water Segment Spurring the Growth of Compressor Control System Market

Compressor control systems have become an important component of various industries such as oil & gas, refining, petrochemical, power generation, and so on. Innovations and developments in technology have led to advanced compressors and compressor control systems, making them more efficient, productive, and eco-friendly, thus enhancing the overall performance of the power generation plants. Along...