Drivers such as the increasing adoption of ultraviolet (UV) curing systems for manufacturing furniture and packaging applications will accelerate the UV curing system market growth at a CAGR of 8.8% during the forecast period (2019–2024). At this rate, the value of the market will increase from $1.4 billion in 2018 to $2.4 billion by 2024. Moreover, the market is witnessing the large-scale adoption of the UV light-emitting diode (LED) technology for the manufacturing of consumer… Continue

With the falling prices of solar panels, the demand for solar street lighting solutions is rising sharply across the world. As per a report published by the National Renewable Energy Laboratory (NREL), the prices of solar panels plunged from $10/W to around $2/W from 1980 to 2010, registering a decline of as much as 80% over 30 years. Moreover, the prices further fell from $0.70/W to $0.35/W, which registered a drop of 50% from 2015 to 2019.



The fall in the prices of these panels has… Continue

The global variable refrigerant flow (VRF) systems market is set for lucrative growth in the coming years. The factors driving the market advancement are the burgeoning requirement for energy-efficient heating, ventilation, and air conditioning (HVAC) solutions, the expansion of the construction industry, and the increasing implementation of government initiatives in several countries for easing foreign direct investment (FDI) regulations in the real estate sector.… Continue

A number of factors, such as the growing construction industry, booming hospitality and tourism sectors, surging concern toward sound and healthy sleep, and increasing prevalence of back and spine problems, across the country, are expected to drive the growth of the U.S. mattress market at a CAGR of 4.8% during the foreseeable period (2020–2030). According to P&S Intelligence, the market… Continue

In 2019, the world was already home to 703 million people in the age group of 65 and above, and by 2050, there will be 1.5 billion of them, the United Nations (UN) says in its latest World Population Ageing report. Such people often suffer from illnesses for long periods, as they are physically weak and immunocompromised. Further, not all of them have solid finances, which is why they find it unfeasible to visit a doctor every now and then. This is why the adoption of simple as well as complex… Continue

Smart water meters are rapidly becoming an integral component of both residential and industrial buildings. This is because these systems not only allow the users to track and monitor their water consumption but also help in checking the water expenses regularly. Moreover, these devices allow the users to check the readings in the building premises itself. In addition to their ability to keep water expenses under control in residential settings, smart water meters also assist majorly in curbing… Continue

A number of factors, such as the rise in need for wireless charging in smartwatches, smartphones, headphones, and other consumer electronic devices; adoption of wireless charging technology in medical equipment; technological advancements; growth in the electric vehicle (EV) industry; surge in efficiency of power transfer; and developments of wireless EV charging… Continue

One of the major factors fuelling the rise in the demand for vision sensors is the surging packaging industry across the world, especially in the emerging economies such as India and China. For instance, as per The Federation of Indian Chambers of Commerce and Industry (FICCI), the plastic packaging industry in India recorded a CAGR of more than 14.0% during 2010–2017. In addition to this, the soaring pharmaceutical and food packaging industries and rising number of exports requiring superior… Continue

The increasing concerns regarding global warming and high energy cost are leading to the standardization of manufacturing techniques, to attain energy efficiency. Due to this, various governments and manufacturing companies have shifted their focus on energy-efficient methods of production. For this, factories are using closed-loop stepper motors in large quantities, as they offer enhanced energy efficiency at high loads. According to P&S Intelligence, the rising focus on energy efficiency… Continue

The increasing concerns regarding global warming and high energy cost are leading to the standardization of manufacturing techniques, to attain energy efficiency. Due to this, various governments and manufacturing companies have shifted their focus on energy-efficient methods of production. For this, factories are using closed-loop stepper motors in large quantities, as they offer enhanced energy efficiency at high loads. According to P&S Intelligence, the rising focus on energy efficiency… Continue

It is highly unlikely that junk food will ever go out of trend, however, people are becoming more conscious regarding their health, which is why they are opting for healthier food items. Food items rich in nutrient especially are becoming popular day-by-day among the general public. A major drawback in the past regarding the adoption of healthier food items was their high cost, but due to economic growth and rise in disposable income, a large number of people are able to make healthy choices. A… Continue

It is highly unlikely that junk food will ever go out of trend, however, people are becoming more conscious regarding their health, which is why they are opting for healthier food items. Food items rich in nutrient especially are becoming popular day-by-day among the general public. A major drawback in the past regarding the adoption of healthier food items was their high cost, but due to economic growth and rise in disposable income, a large number of people are able to make healthy choices. A… Continue

With the rapid rise in the number of e-cigarette retail websites, the demand for e-cigarettes is soaring in South Africa. The information available in various online platforms is very important in determining the consumer perception of e-cigarettes. As a result, many e-cigarette companies are increasingly advertising their products through social media and other online channels. Additionally, the decreasing consumption of traditional cigarettes and the relative healthiness and…

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With the rapid rise in the number of e-cigarette retail websites, the demand for e-cigarettes is soaring in South Africa. The information available in various online platforms is very important in determining the consumer perception of e-cigarettes. As a result, many e-cigarette companies are increasingly advertising their products through social media and other online channels. Additionally, the decreasing consumption of traditional cigarettes and the relative healthiness and…

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Smart water, gas, and electricity meters facilitate a bidirectional flow of information, owing to which they are being increasingly deployed on the premises of end users. These meters use a local area network (LAN) to gather data regarding the utility consumption of all appliances at frequent intervals. The information collected from individual smart meters is accumulated by local data aggregators, using neighborhood area networks (NANs). The data collected during this phase is then…

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