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Showing posts from June, 2021

Agricultural Drones Popularity To Surge in Asia-Pacific in Near Future

Agricultural drones are available at affordable prices. These drones are majorly used for applications such as crop management, health assessment, and crop spraying. In the upcoming years, the popularity of the fixed-wing agricultural drones will rise rapidly, primarily because of their ability to carry heavier loads and cover larger farming areas than the other drones. Depending on application, the agricultural drones market is categorized into crop monitoring, health assessment, crop spraying, soil and field analysis, irrigation, and aerial planting. Out of these, the crop spraying category contributed the highest revenue to the market in 2018. Spraying via drones ensures that the liquid is properly and adequately sprayed over the crops, thereby improving the efficiency of the process. This, in turn, improves the agricultural yield. In addition to this, the usage of drones for crop spraying reduces the wastage of pesticides and water by ensuring that only the required quantity of the

Government Initiatives Fueling Worldwide Demand for Digital Signatures

The growing adoption of digital signature-based biometrics in the banking, financial services, and insurance (BFSI) industry is pushing up their demand across the world. In addition to this, the governments of many countries are implementing policies for encouraging the adoption of digital signatures.  These policies ensure that digital signatures cannot be denied legal enforceability and validity in the country.  Some of the legislations that have been recently enacted in the U.S. for promoting digital signatures are the Electronic Signature in Global and National Commerce Act (ESIGN) 2000 and the Uniform Electronic Transactions Act (UETA) 1999. Moreover, with the rising incidence of cyber-attacks, the federal government is taking initiatives for encouraging the adoption of cryptography-protected digital signatures in the country.  Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/digital-signature-market/report-sample For instance, according to th

Increasing Data Breach Incidents Fueling Key Management As A Service Solution Sales

The surging incidents of data breaches is creating a huge requirement for key management as a service solutions worldwide. Data breach leads to the loss of confidential information, such as social security numbers (SSNs) and credit card details. Complex access permissions, improper configuration, malware attacks, and weak passwords can aid cybercriminals in accessing confidential data. Loss of such data leads to major financial losses, which can be avoided through the adoption of key management as a service software by public and private organizations. Moreover, the rising preference for cloud encryption is expected to propel the key management as a service market at a CAGR of 25.9% during 2020–2030. According to P&S Intelligence, the market was valued at $511.9 million in 2019. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/key-management-as-a-service-market/report-sample Cloud encryption offers advantages such as regulatory compliance, data

Increasing Use of AMRs Fueling Ultrasonic Sensor Sales

Ultrasonic sensors are being increasingly used in the automotive industry in various applications such as park assistant systems, level sensing in fuel tanks, and object detection and identification. The wide application base of such sensors can be credited to their ability to calculate the distance of obstacles and monitor space while the vehicle is being parked. Owing to the rising production of vehicles across the world, especially in developing countries, such as Thailand, Indonesia, and China, the requirement for ultrasonic sensors is escalating rapidly.In addition, the surging deployment of autonomous mobile robots (AMRs) in the automotive and oil and gas industries. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/ultrasonic-sensor-market/report-sample Owing to the rising advancements in technology and soaring focus on enhancing operational capacity, efficiency, and productivity, will propel the ultrasonic sensors market. at a CAGR of 10.2%

How Are aPaaS Solutions Improving Application Development?

Enterprises can deploy aPaaS on public, private, or hybrid cloud. In recent years, the organizations have shown a high preference for hybrid cloud for sharing data and apps between various clouds. Moreover, escalating popularity of hybrid cloud deployment mode can be credited to the rising adoption of multiple cloud services to curtail cost and the burgeoning demand for enhanced productivity and efficiency through centralized cloud governance. Owing to these features, this deployment mode will witness the highest adoption in the coming years. Large enterprises and SMEs can procure aPaaS solutions from key players such as Microsoft Corporation, Shenzhen Aozhe Network Technology Co. Ltd., Mendix Technology B.V., Amazon Web Services (AWS), IBM Corporation, Zoho Corporation Pvt. Ltd., Software AG, Alphabet Inc., Salesforce.com Inc., Shanghai Wanqi Mingdao Software Co. Ltd., and Alibaba Group Holding Ltd. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/

Increasing Prevalence of Road Accidents Fueling Demand for Tunnel Automation

As a result, the value of the market is predicted to grow significantly in the coming years. Depending on tunnel type, the market is divided into highway and roadway tunnels and railway tunnels categories. Between these two, the railway tunnels category dominated the market in 2020. This was because of the various benefits of integrating tunnel automation solutions in railway tunnels such as reduced security and safety threats and improved efficiency of various tunnel operations. Signalization, lighting and power supply, fire and safety, air conditioning, communication, and ventilation systems are some of the major elements of railway tunnel automation, that greatly improve tunnel functioning. The tunnel automation market is also categorized, based on component, into signalization, heating, ventilation, and air conditioning (HVAC), and lighting and power supply. Out of these, the HVAC category led the market in 2020, and it is predicted to exhibit the fastest growth in the coming years

APAC Compressor Market Expected to Boom in India in Future

As per reports, the automotive industry registered a growth of nearly 35%, in terms of vehicle sales, from 2012 to 2019 in China and around 22% in vehicle sales in India from 2012 to 2018. Depending on type, the APAC compressor market is bifurcated into positive displacement and dynamic. Between these, the positive displacement bifurcation held the larger share in the market in 2019, due to the extensive requirement for rotary type of compressors. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/apac-compressor-market/report-sample Moreover, because of the surging usage of these compressors in several applications such as automotive, heating, ventilation, air conditioning, and refrigeration (HVAC-R), industrial manufacturing, power, construction, and food and beverage, the category is predicted to dominate the market in the forthcoming years. When application is taken into consideration, the market is categorized into power, construction, industrial

Declining Prices Boosting LED Deployment for Lighting

As the world is marching toward energy-efficient lighting solutions, owing to the surging environmental concerns, individuals, organizations, and governments are focusing on the adoption of light-emitting diode (LED)-based lighting solutions. As compared to conventional lights, LEDs have longer operational life and lower maintenance costs. The ability of smart LED solutions to change their color enables them to create an ambient indoor experience. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/led-lighting-market/report-sample Owing to these advantages, several governments are taking multiple initiatives to replace conventional lighting solutions with LED systems. For example, in 2019, the government of Tamil Nadu, an Indian state, issued a tender to replace the existing conventional street lights of Coimbatore with energy-efficient and smart LED lights.The declining cost of LEDs have fueled their penetration in the residential, industrial, and c

Electric Motor Market Set To Exhibit Rapid Expansion in Asia-Pacific in Future

Depending on motor type, the electric motor market is categorized into AC motor, DC motor, and hermetic motor. Out of these, the AC motor category is predicted to hold the largest share in the market in the forthcoming years. This is credited to their higher speed and torque and the fact that they can operate at higher voltages in comparison to the DC and AC variants. These motors also have lower maintenance requirements than the others.  Between the synchronous and induction AC motor sub-categories, the latter is currently holding the larger revenue share in the market, due to the large-scale usage of these motors in the industrial sector. Across the globe, the electric motor market is predicted to exhibit the fastest growth in Asia-Pacific (APAC) in the forthcoming years. This is ascribed to the surging requirement for electric vehicles in China, because of the implementation of strict environmental regulations and supportive government policies in the country. Get the Sample Copy o

Rising Incidence of Data Breaches Driving DevSecOps Market Growth

A number of factors, such as the rising number of data breaches, surging focus on security and compliance, and increasing emphasis on the extremely secure delivery of applications, are expected to fuel the DevSecOps market growth in the foreseeable future. DevSecOps refers to the process of integrating security features in every part of the development process, to infuse security in information technology (IT) and business objectives and minimize vulnerabilities. One of the key growth drivers for the DevSecOps market is the rising incidence of data breaches, which occur due to vulnerabilities in applications. Data breaches in enterprises often result in the loss of data and money and hamper the reputation of the firm, as such incidences harm the customers. To mitigate these damages, business organizations are increasingly deploying DevSecOps software as it helps in the implementation of more-agile development practices with increased security. Get the Sample Copy of this Report @  htt

Growing Demand for Flexible Electronics Fueling Popularity of Printed Electronics

The surging requirement for flexible electronics is fueling the demand for printed electronics. In these product, integrated circuits (ICs) are adopted on a flexible substrate such as metal or plastic, which can be easily folded, twisted, wrapped, or rolled without affecting the function. Due to the burgeoning requirement for these products, printed electronics developers are increasingly getting into collaborations with technology providers. For instance, E Ink Holdings Inc. announced a collaboration with Plastic Logic HK in June 2019. This collaboration was announced so that E Ink Holdings Inc. can adopt the organic field-effect transistor (OTFT) technology to manufacture flexible electronics paper displays for wearables. Flexible electronic devices have also penetrated the power & energy, automotive, and healthcare industries in the recent years. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/printed-electronics-market/report-sample For exa

How Is Infrastructure Development in India Accelerating CAD Software Adoption?

The model segment of the Indian CAD software market is classified into wireframe, surface, and solid. Among these, the solid category accounted for the largest share in 2019, and it is expected to register the fastest growth in the forecast years. This can be owed to the surging need to create complete and accurate parts, which facilitates the requirement for advanced simulation and improved visualization of the designs. Solid modeling also enables designers to save changes at every stage of the modeling process, as it is parametric. CAD software is used in the architecture, engineering, construction, and manufacturing fields in India. According to P&S Intelligence, the architecture sector of the country will witness its fastest adoption in the coming years. This will be due to the accelerating number of architectural plans in the nation, especially for residential properties. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/india-cad-software

Ambient Lighting Market To Generate $156.5 Billion Revenue by 2030

A number of factors such as the booming demand for energy-efficient lighting solutions, toughening energy efficiency regulatory policies, and rising emphasis on smart lighting are expected to propel the ambient lighting market at a CAGR of 9.2% during the forecast period (2020–2030). According to P&S Intelligence, the market revenue is projected to grow from $60.8 billion in 2019 to $156.5 billion by 2030 . In recent years, the burgeoning demand for light-emitting diode (LED) lighting solutions has become a prominent trend in the market. The rising stringency of energy efficiency laws is expected to boost the ambient lighting market growth in the coming years. The growing awareness regarding environmental degradation has led to the implementation of stringent regulations related energy efficiency of lights, which are resulting in energy and cost savings in several end-use sectors. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/ambient-lightin

Robotic Process Automation Solutions Offering Enhanced Customer Satisfaction

Robotic process automation (RPA) solutions allow businesses to create virtual workforce, which can work on routine and mundane tasks with high efficiency, thereby eliminating the requirement for manual intervention. These solutions offer scalability and reduce operational cost by over 50%, as the virtual workforce can work round the clock. As the RPA systems can work continuously, they offer enhanced customer satisfaction.  With the growing complexities in operations, enterprises across the world are adopting automated solutions, interaction solutions, and decision support and management solutions to automate repetitive and mundane tasks. Moreover, improved customer experience offered by RPA solutions will accelerate the robotic process automation market at a CAGR of 36.3% during 2020–2030. The market stood at $1.6 billion in 2019 and it is projected to reach $46.0 billion by 2030.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/robotic-process-a