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Showing posts from February, 2023

Cables and Connectors Market Booming Worldwide

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  Cables and Connectors market   is expected to reach $149.9 billion by 2026 at a CAGR of 7.8% during the forecast period 2021-2026. Increasing expenditure by the IT and telecom services to meet consumer demand drives the market growth. In addition, the growing number of fixed broadband connections over the years has enabled the growth of the market studied. According to ITU, the number of global fixed broadband subscriptions increased by 9% annually in the last five years. Moreover, growing number of data centers and increasing demand for higher bandwidth is the major driving factor behind the huge demand for cables and connectors worldwide in the forecast period 2021-2026. The rising demand for fiber optic/optical fiber and printed circuit board connectors as well as coaxial cables is set to drive the market growth. Segments Of the Cables and Connectors Market By Product Type: Internal Cables & Connectors, External Cables & Connectors. By Component: Cable & Cable...

Rising Need for Efficient Battery Management Systems in Renewable Energy Sector

  The   Battery Management System Market   is estimated to grow from  $7.6 billion in 2021  at a robust  CAGR of 17.4%  during the forecast period 2022-2027. Battery management system refers to an electronic system that helps in monitoring and maintaining the health of the batteries. Battery management systems manage and protect the cells in a battery pack ranging from advanced lead acid batteries to lithium ion batteries, primarily nickel metal hydride based. These manage the rechargeable batteries by monitoring the state of the device and data thus ensuring long life battery pack and protecting the battery from damage. These comprise of functional blocks that include cell voltage monitor, real time clock, temperature monitors, microcontroller and others.  Segments of the Battery Management System Market By Topology – Centralized, Distributed, Modular By Component – Hardware (Battery Control Unit, Power Management ICs, Communication Channel) and ...

Wireless Charging Materials Market Competitive Outlook 2028

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  Wireless charging has become an increasingly popular way to power up electronic devices without the need for cords or plugs. Wireless charging is a convenient and efficient way to charge smartphones, laptops, and other electronic devices. However, wireless charging technology still requires the use of materials that are capable of converting electrical energy into magnetic energy, which can then be transmitted to the device being charged. The key to wireless charging technology is the use of materials that can convert electrical energy into magnetic energy. These materials are known as wireless charging materials, and they play a crucial role in the wireless charging process. The   Wireless Charging Materials Market   size is estimated to reach  US$40.35 billion by 2028 , growing at a  CAGR of 20.8% from 2023 to 2028.  The growing consumer electronics industry and the increasing trend towards miniaturization of electronics coupled with soaring demand for ...

Advancements in Motion Control Technology Boosting Motion Controllers Market Growth

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  Motion controllers are a vital component of modern automation systems, providing precise and efficient control over the movement of machinery and equipment. Motion controllers are used in a wide range of industries, from manufacturing and robotics to aerospace and defense. A motion controller is a specialized computer system that controls the motion of a machine or process. It uses inputs from sensors to determine the position, velocity, and acceleration of a moving object, and sends commands to actuators to adjust the movement of the object. Motion controllers can be programmed to perform a wide range of tasks, from simple point-to-point movements to complex coordinated motion sequences. The   Motion Controllers Market  size is analyzed to grow at a CAGR of 5.46% during the forecast 2022-2027 to reach $216.3 Million by 2027 . The Motion Controllers provide complete system performance with the support of comprehensive applications, such as Computerized Numeric Control a...

Chilled Beam System Market Set to Grow as Energy Efficiency Becomes Top Priority

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  Chilled beam systems are becoming increasingly popular in commercial and residential building construction, as they offer energy-efficient and sustainable solutions for heating and cooling. A chilled beam system is a type of heating, ventilation, and air conditioning (HVAC) system that uses water to transfer heat, which is distributed through beams installed in the ceiling or walls of a building. The chilled beam system is an innovative and energy-efficient solution to the challenges faced by traditional HVAC systems. In traditional HVAC systems, air is forced through ducts to heat or cool a room, which is energy-intensive and can lead to discomfort due to uneven heating or cooling. Chilled beam systems, on the other hand, use the natural convection of air and water to create a comfortable and stable indoor climate. The market for  Chilled Beam System  Market  is forecast to reach $317 Million by 2026, growing at a CAGR of 7.9% from 2021 to 2026 . The chilled beam ...

Connected Street Lights Market Size Analysis 2021-2026

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  Connected streetlights Market   size was valued  at $1.3 billion in 2020  and it is estimated to grow at a  CAGR of 14.82%  during 2021-2026. The growth is mainly attributed to the high penetration of  internet of things (IoT) , constant innovation in mobile networks along with wireless technology, increasing demand for efficient advanced lighting solutions across industries and awareness regarding energy conservation. Furthermore, exponentially growing investments in smart city projects and government initiatives for greener strategies to support sustainable development across the world are the major driving factors of connected streetlights market. Report Coverage : By Component:  Hardware (LED Lamps, Sodium Vapor Lamps, Drivers and Ballast, Sensors, Switches, Controllers and others), Software, Services(Professional Services, Lifecycle Services and Managed Services) By Connectivity:  Wired and Wireless. By Networking Technology:  Nar...