ICT

  The manufacturing sector is experiencing a major transition worldwide due to major advancements in technology. At present, as Industry  4.0  continues to make inroads across a range of manufacturing facilities worldwide, the digitalization trend has well and truly set its foot into steel production– a factor that is positively impacting the long rolling space. The demand for  cut-to-length line systems  is witnessing significant growth, as steel producers continue to rope in significant efforts to fulfill the consumer demand for on-time delivery and product requirements while simultaneously running a lean operation. With advancements in sensor technology, long-rolling facilities are increasingly being designed to improve efficiency and optimize business and operating practices. Key participants of the cut-to-length line systems market are likely to focus on the design of their product offering and offer customized solutions to their customers as per their requ...

  Electric motors are extensively used to convert electrical energy into mechanical energy. At present, some of the most popular categories of AC motors include synchronous and asynchronous motors. Out of the different types of synchronous motors,  permanent magnet synchronous motors  have gained considerable popularity and are increasingly being used in an array of end-use industries, including oil & gas, electrical & electronics, automotive, aerospace, defense, mining, and marine. Conventional synchronous machines operate on AC and DC power supply. However, permanent magnet synchronous motors require only AC supply to operate– a major factor that has played an imperative role in increasing demand. Permanent magnet synchronous motors have advanced at a consistent pace over the past few decades, owing to the advent of rare earth materials and novel  magnetic materials . In addition, permanent magnet synchronous motors offer significant benefits in schemi...

  The demand for  next generation processors  is primarily driven by their extensive use in smartphones, automated systems, intelligent buildings, intelligent cars, and other applications. Industries are seeking energy-efficient ways of mega-tasking without generating much heat. The aim being addressing the consumer demand for automation. While these factors will bolster the deployment of next generation processors, the market is also expected to gain from the proliferation of the Internet-of-things (IoT). Besides this, next generation processors are also deployed in heating, ventilating, and air conditioning (HVAC) systems. In addition, the rising demand from the consumer electronics segment is expected to be a chief market driver. Therefore in response to the proliferation of smart televisions and smartphones, growth witnessed in the global next generation processor market will stimulate. On the downside, the high cost of raw materials will hinder its trajectory to an e...

  Micro-electro mechanical systems (MEMS) technology uses microstructures and miniaturized devices as components for performing microfabrication techniques. These systems are extensively being used for biomedical or biological purposes is known as  bio-MEMS . Today, bio-MEMS are widely used for clinical diagnostics and for research and development in the healthcare sector. The sophisticated microfabrication techniques used in bio-MEMS have enabled treatment of critical diseases. This has opened up several lucrative opportunities for the global market in recent years. Owing to these reasons, the global bio-MEMS market is expected to be worth US$3.8 bn by the end of 2024 as compared to US$695.0 mn in 2015. Between the forecast years of 2016 and 2024, the global market is expected to surge at a CAGR of 20.9%. The rising demand for artificial limbs or substitutes for a specific nerve problem has improved the uptake of bio-MEMS in recent years. The market is also being driven by th...

  Monumental growth of the construction sector, which includes construction of commercial buildings, residential complexes, and industrial units is opening vistas for growth in the  wire and cable  market. According to data published by the United Nations Organization, in 2016, approximately 54.5% population globally lived in urban settlements, and by 2030, 60% of the global population is estimated to live in urban areas. This will lead to massive construction of residential buildings to indirectly influence the demand for wires and cables. Growth of the transport industry also favors the wire and cable market. Various mode of transportation such as bus, train, and car make use of several wires such as clutch wires, brake wire, accelerator wire, and gear wire that are necessary for functioning of modes of transportation. Rising demand for luxury passenger vehicles and autonomous driving vehicles for added safety, comfort, and status statement is resulting in advancements ...

  PVDC Shrink Bags  Market (Product Type – Round Bottom Sealed, Straight Bottom Sealed, Side Sealed; Application – Fresh Meat, Processed Meat, Poultry & Seafood) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2028 PVDC shrink bags market will be driven by the rising demand for flexible packaging solutions. In a recent study, Transparency Market Research (TMR) has forecast the market to record a moderate  2.9%  CAGR between 2020 and 2028. Through the course of the forecast period, the market is expected to record slow yet upward trend with growth driven by diverse applications of shrink bags. Their extensive use in packaging of food items including fruits, vegetables, meat, seafood, and other items is one of the chief drivers of the global market. Request a sample  to get extensive insights into the PVDC Shrink Bags Market  See-through Packaging Solutions to Remain Highly Sought-after The demand for see-through packagi...