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Showing posts from 2024
The Rise of the Deepfake AI Market Opportunities and Challenges
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The Saudi Arabia Interior Design Market Trends, Growth Drivers, and Futu...
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India HVAC Market Size, Share and Demand Analysis | P&S Intelligence
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Fragrance & Perfume Industry in Saudi Arabia - Market Size, Demand, Share
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Connecting Power Navigating the HVDC Transmission Market
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The HVDC transmission market generated about a value of USD 11.3 billion in 2023. The industry will grow at a compound annual growth rate of 5.5% and touch USD 16.4 billion by 2030 . This has a lot to do with the growing demand for electricity at a global level, gradual shift toward renewable energy sources, initiatives of the government for grid development, and tech progressions in T&D. Of late, a major trend in the sector has been the fast progression in the VSC tech. HVDC systems based on it offers improved control, reliability, and competence, which makes them textbook for grid modernization and the incorporation of renewable energy sources. Also, grid management systems can offer instantaneous monitoring, predictive upkeep, and sophisticated problem discovery with cutting-edge VSC tech. With it, the grid's reliability and performance can also be enhanced. One substantial initiative by the Indian government regarding this is the NEP, which includes the construction of nov...
Rising Demand for Class D Audio Amplifier Led by Rising Usage of Smartphones
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The class D audio amplifier is projected to rise in the coming years. The audio amplifiers are used for reproducing the input audio signals at sound-producing output elements, with desired power levels and volume at low distortion. Audio frequencies usually range from 20 Hz to 20 kHz, so the amplifier gives a good frequency response in this range. Power capabilities vary massively relying on the application, from milliwatts in headphones to a few watts in PC audio or TV, to tens of watts for mini home stereos for automotive audio and mini home stereos, to hundreds of watts or more for powerful commercial and home sound systems. A direct implementation of analog involves an audio amplifier to utilize transistors in linear mode to develop an output voltage, that is concerned with as input voltage copy. The forward voltage gains primarily high. If the feedback loop involves forward gain, then the overall loop gain is high. Feedback is also utilized for improving performance in high loop ...
Machine Condition Monitoring Equipment, Making the Machine More Efficient
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Machine condition monitoring can evaluate the machine health over a period of time. This can improve its efficiency, since losses in competence might indicate an underlying issue. It also comprises deterioration of parts, performance indicators for example production of defective parts, use and maintenance statistics. Currently, key manufacturing industry functions with primitive maintenance strategies, frequently maintaining their equipment on the basis of a reactive or calendar-based method. The reason for this is that most of the manufacturers do not have the machine condition data for informing them of the operational health of the machine. Importance of Machine Condition Monitoring Machine condition monitoring is significant for leading manufacturing facilities for the reason that it decreases downtime, increases production competence, and supports cost prediction, supply of spare parts, upkeep requires and timing, along with more precise production predictions. Machine co...
Most Baby Diapers Are Used By North America
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The total size of baby diapers market was about $65 billion in 2021, and it will touch a value of around $98 billion by 2030 , growing at a rate of approximately 5% in the years to come. The increasing consciousness with regards to personal hygiene, growing population, rising population of working women, and introduction of biodegradable diapers play a major role in industrial growth. Disposable diapers were the most demanded in the past with over 64%, because of the growth in the number of newborns and rising income in emerging economies. The offline category had a share of over 70% in the recent past. The growing preference of manufacturers for offline stores for distributing their products and the higher profits these stores offer because of their acceptance among clientele drives product sales through traditional physical establishments. The easy obtainability of products, together with the huge store count, are other factors supporting sales of diapers with the he...
IoT Microcontroller Market To Reach USD 13,898.0 Million By 2030
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The IoT microcontroller market garners USD 4,836.9 million in revenue in 2021, and it is projected to rise at the rate of 12.4% from 2021 to 2030, to hit USD 13,898.0 million in revenue in 2030 , according to a research report by market research company P&S Intelligence. The growth is mainly driven by the snowballing usage of IoT in several sectors. Additionally, the need for connected items, including household appliances, smartphones, televisions, tablets, gaming consoles, and security systems is likely to raise, thereby boosting the industry. Another reason projected to lift the growth of the industry in the future is the increasing shift toward automation across several sectors. Technological developments in IoT applications, which will offer customers better and more modern smart items, are expected to drive the demand for microcontrollers in the coming few years. Moreover, IoT technologies are renovating medical research by enabling the examination of large amounts of extreme...
Smart Homes Market Will Reach $196.5 Billion by 2030
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The smart homes market was valued at $82.0 billion in 2021, and it is set to reach $196.5 billion by 2030 , growing at a CAGR of 10.2% between 2021 and 2030, according to a research report by a market research company P&S Intelligence. This can be ascribed to the increasing per-capita income of people from developing countries, the growing number of internet users, the budding importance of remote home monitoring, and the growing acceptance of smart devices. The surge in the need for convenience among the people, increase in safety concerns, the boom in the need for energy-saving solutions, and the expansion of smart home product portfolios by the players are propelling the industry. The snowballing usage of advanced technologies, including machine learning, automated solutions, IoT, artificial intelligence, and wireless lighting is constantly impacting the revenue of the industry. The requirement for value-based home automation solutions is increasing extensively because of t...
Powering Progress Exploring the GaN Semiconductor Devices Market
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The size of the gallium nitride semiconductor market will power at a compound annual growth rate of 22.1% during 2022-2030, to touch a value of USD 72,813.1 million by 2030. The features like higher energy efficiency, faster device speed, and lower costs provided by GaN semiconductor devices over silicon semiconductor devices, such as computers, smartphones, televisions, and cameras, are likely to propel the growth of the industry. The surging demand for energy-efficient GaN components and semiconductors in wired communications will propel the growth of the industry. Internet service providers are mainly focused on incorporating high capacity, ubiquitous connectivity, and low-latency networks using optical cables in the telecommunication sector. The use of these semiconductors in the automotive sector for indoor and outdoor lights, automotive lights, and pulse-powered laser systems, is increasing, which fuel the growth of the industry in this category. The power IC category accounted ...
Rising Number of Smart Cities Boosts APAC Solar Street Lighting Market
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The APAC solar street lighting market was USD 2,315.9 million in 2023, which will rise to USD 6,691.2 million, advancing at a 16.4% CAGR, by 2030 . The growth is mainly because of the reducing costs of such solutions, the growing count of smart cities, and the increasing urbanization in emerging economies. A key trend observed in this industry is the increasing acceptance of smart solar streetlights. Moreover, smart lighting systems are power-effective because they employ LED lights and offer distinctive sensors and control units in every lamp, which allow data communication to central controlling systems. The standalone category, on the other hand, will advance at the highest rate, of 16.6%, in the coming years. Companies in this sector have been working on heat-resistant, off-grid standalone lighting solutions, which have resulted in the enhancement of the function of these lighting types, making them more accessible. The solar panel category, based on component, was the largest cont...
Flavoring the Future Navigating the Seasonings and Spices Market
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The seasonings and spices market will touch at a value of USD 56,796 million by 2030 , powering at a rate of 5.4% by the end of this decade. This has a lot to do with the growing consciousness of people about medical aids of spices, the growing requirement for ethnic cuisines, and the increasing acceptance of convenience foods. The whole category had the larger share, of 52%, in 2022. Whole seasonings and spices provide the expediency of processing, from both the residential and industrial perspective. Because of this factor, their requirement is rising across diverse end users, such as food service, industrial, and retail sectors. Sesame is demanded highly, because of the high consumption of sesame in Asian nations and the rising use of sesame seeds in Mediterranean cooking. Vitamins, proteins, minerals, and antioxidants are all ample in sesame seeds. To provide a nutty flavor and crunchy texture to some recipes, they are often added. The ground category will grow at a higher rat...
Smart Light Fixture and Control Market Will Reach $152,029 Million by 2030
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The smart light fixture and control market was valued at $52,047 million in 2021, and it is set to reach $152,029 million by 2030, growing at a CAGR of 12.6% between 2021 and 2030, according to a research report by a market research company P&S Intelligence. This growth can be ascribed to the dropping of average retailing price of LED bulbs credited to the growing production efficiency and reduced material prices. Furthermore, the emerging problem of the energy crisis is forcing governments and people to shift toward smart lights, which can reduce the consumption of electricity. The smart lighting industry is already popular in developed countries and is projected to grow significantly in developing countries also in the years to come. As the government has taken several initiatives to encourage the use of smart lights to reduce energy consumption. LED lights will dominate the smart light fixture market in the future. This can be credited to the several benefits of this techn...
Unveiling the Razor Market Trends, Innovations, and Consumer Preferences
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Grooming is an important aspect for both men and women, but it is not very often that men’s grooming is taken that seriously as it should be. One of the most common things, associated with male grooming is the use of razors. Men in the U.A.E. and almost all the Middle-Eastern terrain, are very much experimenting with the fashion and grooming trends. It is not that men are increasingly laying their focus on grooming, but this trend is becoming popular all over the world. Using a straight razor for shaving is perhaps the most popular, as more men look for conventional methods of grooming. While contemporary razors and e- shavers are convenient, there are many benefits to using a razor. In this blog, you will explore some advantages of using a straight a razor. This seconds the fact that, old is still gold, as far as shaving is concerned. Get a Close Shave One of the benefits of using a razor is that it offers an extremely close shave. The sharp blade of a razor can cut hairs efficiently,...
Cryogenic Pump Market Trends, Applications, and Growth Potential
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In 2021, the cryogenic pump market size stood at USD 1,407.6 million, which is projected to witness a 3.1% CAGR during 2021–2030, reaching USD 1,860.1 million by 2030 . P&S Intelligence majorly credits this growth to the increasing installation of such pumps in the metallurgy, chemicals, and electronics sector. Along with, the surge in expenditure throughout the energy generation industry armed with the shift toward energy production from renewable and natural gas resources to reduce carbon emission. The nitrogen category is all set to experience the fastest growth rate of pproximately 3%, in the near future. This can be owed to the extensive utilization of nitrogen gas for the maintenance of plants, and start-up and shutdown provisions of refineries and petrochemical companies. Thus, the increasing utilization of nitrogen gas in numerous industries, including metallurgy, healthcare, and oil and gas, is escalating the acceptance of cryogenic pumps for capturing the gas and its...
Elevating Performance: Navigating the Sports Supplements Market Landscape
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The global sports supplements market is witnessing growth. The growth of the industry can be credited to the increase in the count of fitness centers and well-being clubs, where participants are motivated to eat supplements to uphold their physical well-being. The rise in urbanization and growth in the buying power of customers is further propelling the development of the industry. The development of these establishments is one of the key propellers for the sports supplements industry, providing profitable opportunities to the industry players. The advanced nations in Europe and North America region are producing major demand in the sports supplements market, credited to the high per-capita income here. The absence of awareness regarding the advantages of sports supplements in emerging nations is a major factor for their low share in the industry. Furthermore, the low per-capita income of customers in emerging and underdeveloped countries has been limiting the development of the indus...
Dive into the Benzalkonium Chloride Market: Trends, Applications, and Future Prospects Unveiled
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The global benzalkonium chloride market is projected to be worth USD 1,301.1 million by 2030 , growing at a CAGR of 9.6%. This development can be credited to the fast growth of the medicinal and oil & gas industries, which is directing to a high-volume requirement for the compound. In recent years, the disinfectants category, based on application, held the largest market share, and the category is also projected to be dominant in the future as well. This can be credited to the growing occurrence of hospital-attained infections, coupled with the existence of severe guidelines concerning the utilization of surface sanitizers in diagnostic labs, research laboratories, hospitals biotechnology, and pharmaceutical labs. Moreover, the ongoing COVID-19 epidemic has further amplified the demand for the compound for the making of disinfectants. In the past few years, North America dominated the benzalkonium chloride market, mainly because of the growing chances for U.S. and Canadian oilfield...
Sorbic Acid Market To Observe Fastest Growth In APAC
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As per a statement by P&S Intelligence, the sorbic acid market is projected to reach USD 521,126.7 thousand, advancing at a CAGR of 4.7%, by 2030 . The growth is mainly credited to the existence of reputable pharmaceutical and food & beverages industries in Western countries, along with the increasing per capita consumption of food & beverages in Brazil, India, and China. Based on form, the powdered category held the larger sorbic acid industry size, in recent years. This is due to the easier manufacturing method of the powdered compound when compared to the encapsulated form, as a result of this companies in the industry favor manufacturing sorbic acid in the powdered form. Moreover, powdered sorbic acid can be added to any type of processed beverage or food, which is why it is adopted widely in the food & beverages industry. Based on application, the food & beverage category is expected to witness the fastest growth in the industry by ...
Revolutionizing Agriculture: Exploring the Growth and Innovations in the Triazine Market
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The triazine market will grow at a compound annual growth rate of 5.6% by the end of this decade, to reach a value of USD 814.55 million . The development of the triazine sector is powered by the rapid development in the oil and gas sector and healthcare industries. The growing necessity for 1,3,5-triazine-based derivatives for scavenging procedures in the oil & gas sector in addition to their increasing consumption for manufacture of pesticides, is propelling the growth of the industry. MEA was the most consumed in the past all over the globe, and it will continue to grow in the years to come. It is extensively used in the oil & gas sector as a H2S mercaptan and scavenger in hydrogen streams. With the development of the oil & gas industry, reflected in the increase in examination & construction activities, the category will further grow. Moreover, the increasing requirement for effective rust guard in the pipelines and tanks of storage, apart from plummeting the r...
Wave Energy Converter Market Will Reach USD 30.44 Million By 2030
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The overall size of the market for wave energy converters in 2022 was USD 21.08 million, and by 2030 it is estimated to reach USD 30.44 million; progressing at a rate of 4.70% from 2022 to 2030. The growing need for energy from renewable sources and their low emissions of carbon dioxide can be attributed to this. Moreover, the market is expected to grow due to increasing access to power from ocean waves and an increase in research and development activities. In the coming few years, the oscillating water column category, based on technology, is projected to experience the highest CAGR, of 5.4%. This can be ascribed to several factors, such as the enhanced lifetime of the material, low maintenance, and easy access near the shores. It is more convenient to build and design through a Wells turbine with the utilization of the natural flow of wind energy, which, indeed, does not release any greenhouse gases, making it a non-polluting and renewable resource of energy. In 2022, Europe was th...
Exploring the Application of Blue Hydrogen
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With the worldwide drive to a cleaner form of energy, comes the paramount necessity for blue hydrogen. The technology’s capability to capture carbon but generate hydrogen is a direct answer to the urgent need to combat global warming. Blue hydrogen is a critical response to escalating demands of reducing carbon emissions across industries in the wake of the mounting pressures. As a transitional energy source and one that can leverage existing infrastructure to significantly reduce emissions, it is crucial for achieving sustainability goals. Blue hydrogen is a viable way of achieving net-zero emissions in countries and industries as they look for ways on how to go carbon neutral. What is Blue Hydrogen? Blue hydrogen is created by steam methane reforming from natural gas. Unlike grey hydrogen which allows CO2 emissions to go on unabated, Blue hydrogen has a differentiating advantage in that it integrates carbon capture and storage (CCS) technology. Using blue hydrogen, the produced carbo...
Offshore Pipeline Market To Be USD 18,716 Million By 2030
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In 2022, the offshore pipeline market was worth around USD 13,571 million, and it is projected to advance at a 4.10% CAGR from 2022 to 2030, hitting USD 18,716 million in 2030 , according to P&S Intelligence. This growth can be ascribed to the increasing need for crude oil and natural gas, mainly from the APAC region, also a rising focus on secure, cost-effective, and harmless connections for oil & gas reserve supply, is projected to boost industry in the coming years. The demand for pipelines is also projected to increase because of a surge in shale gas resource findings and expansion in the North American continent. Already, the region has created a substantial requirement for the fitting of pipelines off its shores. Furthermore, in the coming few years, the increasing hydrocarbon imports through subsea pipelines will have a significant positive influence on the industry. Several medications, chemicals, polymers, solvents, and fertilizers are made from petrol...