Growing Automotive Sector to Boost the Growth of HI-FI System Market in the Coming Years

Advancements in technology, especially in the wireless technologies have transformed the way people communicate or listen to music nowadays. There has been a huge increase in the demand for wireless audio devices such as speakers, sound bars, headphones, and network media players among others, since they allow people to have an easy control over their music with the help of Hi-Fi audio devices. The...

Global Cryostat Market to Witness Significant Growth in the Years to Come

Cryostat is a device used for maintaining samples or specimens at low cryogenic temperatures by thermally isolating them from the outside with the help of cryogenic fluids such as liquid helium or liquid nitrogen. Cryostats find wide usage in healthcare applications such as spectroscopy, frozen tissues sections, X-ray, and magnetic resonance imaging (MRI). Apart from healthcare, they are increasingly...

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...

Researchers Predict Steady Growth for Production Printer Market by 2022

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...

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,...