Worldwide Laser Technology Market Poised to Have a Bright Future Ahead

Laser technology has emerged as a booming technology, owing to it extensive use in defense & security, industrial, and medical sectors. One of the major applications of laser is optical communication since it ensures better quality, accurate results, and is reliable as compared to conventional methods. Thanks to the advancements in technology, innovative and upcoming applications, and declining...

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...

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...