Daily Archives: August 1, 2017

Analyzing Important Factors About Lighting Control System Technology

High requirement of energy-efficient lighting control systems, increasing adoption of Internet of Things (IoT) in lighting industry, acceptance of standard protocols for lighting control, and modernization and infrastructure development are the major drivers for the lighting control system.

According to the global experts, the lighting control system market, is expected to grow from USD 12.22 Billion in 2016 to USD 38.67 Billion by 2023, at a CAGR of 17.82% between 2017 and 2023. For complet PDF brochure, click here: http://bit.ly/2tj20Hj

The lighting control system market based on offering is dominated by hardware components. The hardware components in lighting products are LED drivers and ballasts, sensors, switches, dimmers, relay units, and gateways.

Production Analysis of Marine Electric Vehicles Global Industry by Regions, Type & Applications During 2021

Market Synopsis of Global Marine Electric Vehicles Market  

The Global Marine Electric Vehicles Market is expected to grow at a CAGR of around 10% during 2016-2021. The key factors driving the growth are growing demand for electric vehicles, increased procurement of unmanned underwater vehicles to perform critical operations, and growing commercial demand.

Study Objectives of Global Marine Electric Vehicles Market

  • To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Marine Electric Vehicles Market
  • To provide insights about factors affecting the market growth

Plant Asset Management Market Share, Demand, Applications and Opportunities Market Research Report 2022

Market Synopsis of Plant Asset Management Market:

Market Scenario:

Plant asset management is the process of optimizing field devices and monitoring information used to integrate with business operations and IT infrastructure. This improves the business operating performance and also reduces maintenance cost and paper work. Major companies such as IBM, Rockwell Automation, and Siemens among others are providing asset management solutions to improve the overall performance of the enterprises.

The major factor that drives the growth of plant asset management market is growing awareness about low cost manufacturing plants, changing consumer needs, rising new business models for enterprise asset management and increasing trends of merging IT and operational technology among others.

UV Disinfection Equipment Market Poised for a High Growth in the Years to Come

Global UV Disinfection Equipment Market: Snapshot

With the recent rise in the demand for physical disinfection using ultraviolet (UV) technology, the global market for UV disinfection equipment has witnessed a phenomenal progress since the last few years. The rapid, easy and chemical-free approach of UV disinfection technology and various other benefits it offers in disinfection have fueled the demand for UV disinfection equipment significantly across the world.

Software Defined Perimeter (SDP) Market Poised for a High Growth in the Years to Come

Global Software Defined Perimeter Market: Snapshot

The software defined perimeter (SDP) model is gaining significant momentum across the security community. A software defined perimeter outdoes the flaws of traditional tools by creating a dynamic, customized perimeter for each user. A SDP framework ensures that all endpoints that are attempting to access an infrastructure are authenticated and authorized prior to receiving access to any resources on the network.

SDP model creates an invisible screen in the system to protect against cyber-attacks, malicious software, and other threats. This framework enables organizations to provide a secure access to network based applications, services, and systems globally. Originated from the Defense Information Systems Agency (DISA) model, SDP allows network access and links on need basis only to trusted devices and users.

Smart Agriculture Market Poised for a High Growth in the Years to Come

Global Smart Agriculture Market: Snapshot

The demand for smart technologies such as Big Data, cloud-based services, GPS, and the IoT is gaining pace in the agriculture industry. Driven by the rising need for high precision crop analysis, automated farming techniques, and collection of data from the field, the world is likely to witness the agriculture industry get smarter with the implementation of aforementioned technologies in the coming years. Data thus derived from implementing smart technologies can help farmers yield high quality and larger quantity of crops. Spurred by these factors, the global smart agriculture market is projected to report a CAGR of 13.5% between 2017 and 2025. At this pace, the market’s valuation will rise from US$6.55 bn in 2015 to US$23.44 bn by the end of 2025.

Mobile Robotics Market Poised for a High Growth in the Years to Come

Global Mobile Robotics Market: Snapshot

With the escalating need for industrial mobile robots to enhance workplace efficiency, the global market for mobile robotics is registering a significant progress in its size and valuation. These mobile robots have the ability to move inside the factories without modifying the factory layout and they can also re-plan their routes autonomously to avoid obstacles, which make them highly effective in the factory setup. Owing to these factors, companies are prompted to deploy mobile robots in their plants, which is reflecting greatly on the sales of mobile robotics.

Blockchain Technology Market Poised for a High Growth in the Years to Come

Global Blockchain Technology Market: Snapshot

Blockchain technology refers to a distributed database for all the digital transactions, which eliminates the need for the third party to authenticate the transactions. In recent years several consumers, institutions, and organizations are adopting blockchain technology as it not only reduces the transaction cost as it removes a point of verification but also speeds up the actual transaction process. Owing to this very reason the global market is expected to witness a remarkable progress rate in the coming few years. According to the research report, the global blockchain technology market was valued at US$315.9 mn in 2015 and is expected to reach US$20 bn by the end of 2024. During the forecast years of 2016 and 2024, the global market is expected to rise at a CAGR of 58.7%.

Application Lifecycle Management (ALM) Market Poised for a High Growth in the Years to Come

Application lifecycle management (ALM) delivers governance, development, and maintenance for application software. Requirements management; design; build; testing; and change, integration, project, and release management are major elements of ALM. The modern software development process is complex. The traditional software development lifecycle (SDLC) applies only to the development process, while ALM works for the entire application lifecycle, from planning to deployment. ALM software solutions enable software development teams to manage their project status from requirements to delivering releases and also help organizations fulfill their business goals. ALM software solutions are now adopted in many industries, including automotive, healthcare, and even BFSI.

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