Audio Codec Market to Exhibit Steady Growth in the Next Five years

Audio codec, as the name suggests, is a kind of device or computer program that codes or decodes data streams into analog or digital signals to form an audio. The global audio codec market is being majorly driven by the increasing demand for mobile phones and tablets across the world coupled with massive rise in data traffic, thus resulting in a huge demand for audio codec hardware and software. Rising...

Need for Devices with High Performance and Efficiency Fostering the Growth of Power Management IC Market

With the advancement in technology, the manufacturing of power management IC (PMIC) has become easy and cost-effective along with the efficient use of raw materials. A wide range of PMICs is now being used across various applications, such as consumer electronics, wearable devices, automotive, and industrial, among many others. Growing trend of energy harvesting technologies that provides solution...

Booming Consumer Electronics Industry to Play a Vital Role in the Growth of Smart Sensor Market

Smart sensors or intelligent sensors are sensors with interfacing circuit, which perform functions like decision-making, logical functions, and two-way communications. These sensors are used in a plethora of applications, such as aerospace & defense, automotive, consumer electronics, healthcare, and industrial, among others. With the advent of technology like Internet of Things (IoT) and growing...

Researchers Predict Steady Growth for Production Printer Market by 2021

Production printing is a cost-effective method for high volume printing of transactional documents or commercial purposes while maintaining the high quality and fast turnaround. It has revolutionized the transaction application, especially when it comes to the large-scale production of bills, statements, checks, and other documents. The worldwide production printer market has been experiencing significant...

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,...