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Statzy Market Research
– Industry experts have identified an increasing amount of focus on reducing the size of electronic packages, to reduce power consumption and boost functionality. All the miniaturized components need to be arranged within a limited dimension, which is not feasible in conventional printed circuit boards (PCBs). This limitation is driving the need for the substrate-like-PCB market. – One of the key substrate-like-PCB market trends is the development of an advanced system in package (SiP) modules. The application of SiP modules is increasing due to benefits like bundling of communication units like Wi-Fi, modem, and Bluetooth in one package. SiP modules offer effective performance at a lower cost and are significantly…
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Palm Vein Biometrics Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)
As palm vein biometrics relies on scanning the vein pattern under the skin, it is considered to be a reliable and extremely secure biometric modality. Unlike fingerprint biometric technology which depends on the integrity of the skin on the fingertip for precise identification and can be negatively impacted by cuts, bruises, and dirt, the integrity of the skin is not a problem with palm vein biometrics. – Over the years, the requirement to control access to premises, and systems has grown. Currently, many organizations rely on passwords, or cards to confirm people’s identity for access. However, this traditional approach poses severe challenges. For instance, loss, or theft of cards causes…
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Data Logger Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)
– The high demand for measurement and control operations in the industry have to lead to a significant boost to the market. The growing need for the controlled process to improve efficiency as well as to increase the equipment life has substantially accelerated market adoption. – The high upfront cost associated with it acts as a restraint for the market. The huge costs associated with the technology restricts the small manufacturers from adopting it and thus adversely affects the market adoption rates. Free Sample report for this report is available :- https://www.statzyreports.com/report/sr497341/data-logger-market Key Market Trends Oil and Gas is Expected to Hold a Major Market Share – With the evolving…
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Thin Film Transistor Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)
Thin-film transistors (TFTs) are critical elements used for thin film electronics, and their most important application includes the pixel switching elements on flat panel displays (FPDs). A thin film transistor is also known as matrix display technology, which is more responsive to change. – The thin film transistors are expected to have a higher growth rate in the forecast period due to features such as low price, increasing demand of compact size, low power consumption displays, reduced weight and in consumer electronic goods and rising disposable incomes. Due to the continuous innovation in technology, there is an increase in the demand for thin film transistor displays. – Less availability of…
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Laser-based Gas Analyzers Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)
– Increased regulations and legal fines are driving the companies to install more gas analyzers, in order to curb emissions. – Moreover, the laser-based analyzers provide real-time data, thus reducing the time required in the analysis of the gases. Furthermore, owing to the robust and modular properties, there is an increased demand from the healthcare sector. – Traditional gas analyzers needed to be calibrated very often, leading to inaccurate reading and continuous maintenance. Thus, laser-based are preferred in the chemical industry. Key Market Trends Oil Companies are Looking for Real-time Monitoring Systems to Curb Methane Leaks – In recent years, oil rigs in the United States failed to curb the…
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Digital Out of Home (OOH) Advertising Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)
Developed countries continue to have a major share in the market with the highest penetration of screens, while the demand is increasing in developing countries. The increased demand is caused in part by the rise in urban population and economic development. – Owing to the rise in the urban population, there has been an increase in spending power due to which the companies are targeting those regions, extensively, to improve their penetration in those regions. Asia-Pacific accounted for the highest population in the middle class, and the economic growth is poised to fuel the spending in advertisements spendings. – Moreover, there has been steady growth in the amount spent on…
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MEMS Pressure Sensors Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)
– The automotive industry, which is presently undergoing a technology transition, with a major focus on increasing safety, comfort, and entertainment, provides ample opportunities for the MEMS pressure sensors. Emerging sensor-rich applications, such as autonomous vehicles, drones, and AR/VR equipment, are further accelerating the need for MEMS pressure sensors. – Industry 4.0 revolution, in which machines are becoming more intelligent and intuitive, is increasing the need for the industrial applications of MEMS sensors. The new machines are to be designed to be more efficient, safe, and flexible, with the ability to autonomously monitor their performance, usage, and failure. These applications, therefore, spur the demand for highly sensitive pressure sensors. –…
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Wireless Intercoms Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)
The requirement to run copper wires between intercom stations. Growing demand for robust security solutions, WiFi-based wireless intercoms, and tremendous growth in developing economies are accelerating market growth over the years. Moreover, wireless has rapidly become the norm for many intercom applications due to complex and large-scale events, including sports. Additionally, the modernization of infrastructural development is encouraging the demand for sufficient security systems, of which wireless intercoms are an indispensable part. The market is seeing the adoption of digital wireless intercoms in the theatre industry as well. Though, the risk of interference from other wireless devices is hindering the growth of the market. – The security and surveillance segment…
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Semiconductor Etch Equipment Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)
– The semiconductor manufacturing market is growing due to its rapidly growing applications in smartphones and other consumer goods. The manufacturers are also increasing their spendings on the process equipment for gaining the competitive edge over others. This is one of the major driving force for the growth of the semiconductor etching equipment market. – Moreover, the continuous advancements in the consumer electronics, industrial automation, and use of sensors in automotive are proliferating the applications of semiconductors and its demand across almost all the industry sectors. – Many major players are investing in its fabrication expansions plans. For instance, Intel inc has invested USD 11 billion for the new fabrication…
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Ambient Lighting Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)
The growing trend of the rising demand for comfortable and innovative lighting solutions and the need for energy-efficient solutions may create a market opportunity for the ambient lighting market. – Additionally, the ongoing technological evolutions, such as smart lighting systems in commercial or residential buildings, and increasing infrastructural projects worldwide, coupled with consumer preferences for better interior lighting designing, are favoring the growth of the market. – Moreover, the rising concerns over global climate change have led to the implementation of various rules and regulations pertaining to energy efficiency. Increasing inefficiency of incandescent bulbs, owing to excess heat generation, is making these solutions a more preferred option, thus aiding the…
