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Business Point 2021's Blog (62)

Self-Checkout Systems Market: What are the Key Growth Factors?

The rising adoption of contactless payment procedures is one to the key factors fuelling the surge in the demand for self-checkout systems across the world. Contactless payment processes are increasingly being conducted with the help of smartphone-enable payment options and near-filed communication (NFC) technology. This concept allows the shoppers to use their smartphones for scanning the items that they want to buy at a service point-of-sale (POS) terminal. These systems allow the customers… Continue

Added by Business Point 2021 on June 14, 2022 at 5:28am — No Comments

Future Opportunities and Key Players of Europe Electric Bus Charging Station Market

The mushrooming deployment of electric buses, on account of the implementation of favorable policies by the governments of several European countries and the escalating air pollution levels, is driving the demand for electric bus charging stations in Europe. With the enactment of the Paris Climate Agreement, the European Union (EU) is now more than ever committed toward the large-scale adoption of eco-friendly electric vehicles in order to become a low-carbon economy.

Moreover, many…

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Added by Business Point 2021 on May 24, 2022 at 4:35am — No Comments

Slicing Software Market Future Estimations Till 2030

The rapid expansion of the 3D printing industry is pushing up the requirement for slicing software across the world. This is because of various factors such as the burgeoning demand for improved product manufacturing operations, soaring investments by public and private organizations, the increasing requirement for rapid prototyping, and the growing demand for mass customization.…

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Added by Business Point 2021 on May 20, 2022 at 3:03am — No Comments

Cloud Supply Chain Management Industry Share, Size, Future Demand, Top Leading player, and Emerging Trends

Surging adoption in transportation management has been one of the major drivers for the cloud SCM market. As the world’s transportation networks and supply chains become increasingly intertwisted and complex, the systems that support them are advancing and improving at a rapid pace. Software vendors have been integrating more transportation optimization capabilities into their…

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Added by Business Point 2021 on May 17, 2022 at 7:27am — No Comments

Robotic Process Automation Popularity Set to Boom in Asia-Pacific in Future

Robotic process automation (RPA) software helps enterprises enhance work efficiency because it can run in the background round the clock, which enables the mechanization of back-end processes. The increasing adoption of this software, therefore, allows human employees to engage themselves in more-important tasks, such as client handling. Thus, the rapid digitization of businesses to enhance productivity and product and service quality will facilitate the deployment of the RPA software in the…

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Added by Business Point 2021 on May 9, 2022 at 6:37am — No Comments

AI in Farming Industry Opportunities & Forecast To 2030

The rising requirement for higher crop yield and agricultural produce, on account of the increasing disposable income of people in several countries such as India, China, Brazil, and the U.S., changing consumer preferences, surging population, and rapid urbanization, is pushing up the demand for the incorporation of artificial intelligence (AI) in agriculture.

Moreover, due to the growing demand for food products, major agricultural nations are increasingly leveraging AI solutions and…

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Added by Business Point 2021 on April 6, 2022 at 7:05am — No Comments

AI in Farming Industry Opportunities & Forecast To 2030

The rising requirement for higher crop yield and agricultural produce, on account of the increasing disposable income of people in several countries such as India, China, Brazil, and the U.S., changing consumer preferences, surging population, and rapid urbanization, is pushing up the demand for the incorporation of artificial intelligence (AI) in agriculture.

Moreover, due to the growing demand for food products, major agricultural nations are increasingly leveraging AI solutions and…

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Added by Business Point 2021 on April 6, 2022 at 7:05am — No Comments

AI in Farming Industry Opportunities & Forecast To 2030

The rising requirement for higher crop yield and agricultural produce, on account of the increasing disposable income of people in several countries such as India, China, Brazil, and the U.S., changing consumer preferences, surging population, and rapid urbanization, is pushing up the demand for the incorporation of artificial intelligence (AI) in agriculture.

Moreover, due to the growing demand for food products, major agricultural nations are increasingly leveraging AI solutions and…

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Added by Business Point 2021 on April 6, 2022 at 7:05am — No Comments

AI in Farming Industry Opportunities & Forecast To 2030

The rising requirement for higher crop yield and agricultural produce, on account of the increasing disposable income of people in several countries such as India, China, Brazil, and the U.S., changing consumer preferences, surging population, and rapid urbanization, is pushing up the demand for the incorporation of artificial intelligence (AI) in agriculture.

Moreover, due to the growing demand for food products, major agricultural nations are increasingly leveraging AI solutions and…

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Added by Business Point 2021 on April 6, 2022 at 7:04am — No Comments

Government Cloud Market To Prosper in Coming Years

In recent years, the adoption of cloud by government agencies across the world has increased massively and this trend is predicted to continue in the coming years as well owing to the rising internet penetration, rapid digitization of business operations, and mushrooming popularity of cloud computing. The adoption of cloud is helping government agencies reduce capital expenditure (CAPEX) and the total cost of ownership (TCO), without undercutting important public services. In addition, the…

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Added by Business Point 2021 on March 8, 2022 at 9:14am — No Comments

How Are Technological Improvements Driving ADAS Sensor Demand?

Bosch claims that its fourth-generation long-range radar (LRR) for automobiles has a detection range of up to 250 meters, while Continental’s fifth-generation LRR is claimed to have a range of 300 meters. Many more automotive technology companies are bringing innovations in their radar, light detection and ranging (LiDAR), ultrasonic, and camera sensors considering the rising demand for autonomous vehicles. This is because autonomous vehicles require advanced driver assistance systems (ADAS)…

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Added by Business Point 2021 on February 1, 2022 at 6:55am — No Comments

Australia Micromobility Market Analyzed With Trends And Opportunities By 2030

Factors such as the burgeoning demand for first- and last-mile connectivity and the surging need for reduced traffic congestion in urban areas are expected to drive the Australian micromobility market at a robust CAGR of 89.5% during the forecast period (2021–2030). The market growth will also be steered by the low cost and convenience offered by micromobility solutions. According to P&S Intelligence, the market was valued at $16.9 million in 2020, and it will generate $19,185.6 million…

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Added by Business Point 2021 on January 13, 2022 at 6:45am — No Comments

Automotive Battery Management System Market Size, Share, Trend and Forecast

A battery management system (BMS) is an intrinsic component of an automobile as it maintains the battery in operational condition, predicts battery life, and protects the storage units from damage. The system performs these tasks by controlling the charging process, protecting and balancing the cells, storing and monitoring historical operational data, and determining the state of health (SOH), remaining useful life (RUL), and state of charge (SOC) of the battery. This system aims to…

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Added by Business Point 2021 on November 25, 2021 at 2:27am — No Comments

Electric Car Market Set for Prosperity in Future

According to the International Energy Agency (IEA), 2.3 million electric cars were sold across the world, in 2020. High volume sales of electric vehicles (EVs) can be attributed to the stringent government emission norms, on account of the rising environmental pollution concerns. Over the last decade, greenhouse gas (GHG) levels have significantly surged due to the vast number of fossil fuel-based automobiles operating on global roads. To mitigate the adverse effects of GHGs, governments…

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Added by Business Point 2021 on November 11, 2021 at 7:00am — No Comments

Automotive Aftermarket to Grow at a Healthy 5.07% Value CAGR Throughout 2030

With the rise in the average age of automobiles, the demand for automotive parts and components manufactured by aftermarket companies is growing rapidly across the world. This is fueling the sales of these components, especially in the Latin America, Middle East, and Africa (LAMEA) and Asia-Pacific countries. For example, the average age of automobiles in China grew from 4 years in 2010 to 6 years by…

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Added by Business Point 2021 on October 18, 2021 at 9:40am — No Comments

Adaptive Cruise Control Systems Market Market Evolving Opportunities with Top Key Players, 2023

The rising prevalence of road accidents is one of the major factors fueling the demand for adaptive cruise control across the world. Road accidents are one of the biggest causes of deaths in various countries and regions. Africa and Asia-Pacific (APAC) record the highest and the second-highest occurrence of road crashes in the world respectively. Due to the growing incidence of road accidents, the demand for advanced safety features and systems such as adaptive cruise control is rising…

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Added by Business Point 2021 on October 12, 2021 at 9:30am — No Comments

North American Autonomous Car Market to Record CAGR of 17.1% and Increase in Revenue by 2030

Rapid technological advancements have led to the widespread adoption of connected cars in North America. Unlike conventional passenger cars, new-age connected cars offer smartphone connectivity within the vehicle and with the world outside, traffic and collision warnings, roadside assistance, and real-time traffic monitoring. Moreover, it is easier to integrate the autonomous driving technology in connected cars as compared to conventional cars, as the former are already equipped with…

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Added by Business Point 2021 on September 24, 2021 at 7:02am — 1 Comment

Automotive Turbocharger Market – Global Forecast to 2030

Automotive turbochargers are used to improve the power output and efficiency of an internal combustion engine (ICE) because it compresses exhaust air from the engine and dispense it to the combustion chamber. At present, turbocharging has become the standard for most diesel engines and some gasoline engines. Researchers across the world are still exploring new ways to improve the designs of turbochargers for reducing the manufacturing cost and enhancing the performance of this automobile…

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Added by Business Point 2021 on September 9, 2021 at 2:59am — No Comments

Automotive Simulation Industry Revenue, Trend and Forecast to 2030

Automotive simulation is the usage of simulation software for model testing and prototyping of an automobile to ensure the complete functionality of the vehicle. In recent years, automakers have been increasingly using this software for vehicle testing because they are working on several models based on varying parameters, which need model testing before they are validated and finalized. In the coming years, advanced simulation software and related technologies will be largely used for…

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Added by Business Point 2021 on September 7, 2021 at 9:42am — No Comments

India Two-Wheeler Sharing Market Emerging Trends, Key Players and Future Scope

With the growing requirement for affordable and convenient mobility solutions, the popularity of two-wheeler sharing services is rising rapidly in India. The emergence of these services has eliminated the need for vehicle ownership, which has, in turn, reduced the expenditure of people. This is because owning a vehicle is quite expensive because of various associated costs such as insurance costs, maintenance costs, and parking expenses. Due to the surging internet penetration, these sharing…

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Added by Business Point 2021 on August 18, 2021 at 10:21am — No Comments

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