Semiconductor and Electronics

Electric power substations are key components of the electrical grid infrastructure, allowing electricity to be transmitted and distributed to end customers. The market for electric power substation automation and integration is expanding rapidly as utilities and grid operators strive to improve the efficiency, reliability, and security of power delivery systems. According to MarketsandMarkets' thorough market research analysis, the global market for electric power substation automation and integration is predicted to grow significantly in the coming years. In this blog article, we will look at the key reasons driving market growth, as well as the most recent developments and the revolutionary influence of automation and integration in the power sector. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=208537744 Utilities and grid operators can use automation and integration technologies to streamline operations, optimise asset utilisation, and imp...

The global building information modeling market was valued at USD 7.9 billion in 2023 and is projected to reach USD 15.0 billion by 2028; it is expected to register a CAGR of 13.7% during the forecast period. The rise in demand for BIM solutions is attributed to growing use of BIM as it leads to sustainable development and rapid rise in urbanization globally. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95037387 By Offering: software segment to account for largest market share in the forecasted year. The software segment is expected to account for the largest market share of the building information modeling market in 2028.  BIM software creates digital 3D models of buildings and infrastructure, including architecture, engineering, and construction details. Ecosystem players offering BIM software solutions include Autodesk Revit, Bentley Systems MicroStation, Trimble SketchUp, Graph iSOFT ArchiCAD, Vector works Architect, Tekla Structures, a...

Solar energy has emerged as a clean, renewable, and long-term replacement for traditional fossil-fuel-based power generation. The market for next-generation solar cells is expanding rapidly as researchers and manufacturers work to improve the efficiency, affordability, and scalability of solar energy systems. According to MarketsandMarkets' thorough market research analysis, the worldwide next-generation solar cell market is predicted to grow significantly in the next years. In this blog article, we will look at the key reasons driving industry growth, as well as the newest trends and the potential of next-generation solar cells to transform the energy landscape. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=94742566 Next-generation solar cells contain a diverse set of technologies aimed at overcoming the limits of classic silicon-based photovoltaic (PV) cells. Thin-film solar cells, organic solar cells, perovskite solar cells, multi-junction s...

In today's globalised economy, assuring product quality, safety, and regulatory compliance is critical. The testing, inspection, and certification (TIC) industry is critical in delivering independent verification and validation services across a wide range of industries. According to MarketsandMarkets' comprehensive market research analysis, the worldwide TIC industry is predicted to grow significantly in the following years. In this blog article, we will look at the fundamental reasons driving market growth, review the most recent trends, and discuss the significance of testing, inspection, and certification services. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=5352498 Quality assurance is essential in many industries, from manufacturing to healthcare and consumer goods. Organisations can use TIC services to assess and verify the quality and safety of their products, processes, and systems. TIC businesses assist manage risks, prevent pro...

The vertical farming market is estimated to be USD 5.1 billion in 2023, and it is expected to reach USD 15.3 billion by 2028, growing at a CAGR of 24.7% from 2023 to 2028. Due to several key trends, vertical farming is poised for significant growth in the next decade. The global population is projected to reach 9.7 billion by 2050, placing strain on food supplies, and vertical farming offers a solution to meet this increasing demand. Urbanization is another factor driving the need for vertical farming, as more people move to cities, leaving less land available for traditional agriculture. Vertical farming’s ability to be implemented in urban areas makes it a sustainable option. Climate change is also a driving force, as it affects traditional farming methods, while vertical farming, being an indoor practice, remains unaffected by adverse weather conditions. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221795343 Shipping container vertical farms ha...

The global agricultural lighting market is projected to grow from USD 11.8 billion in 2023 to USD 21.4 billion by 2028; it is expected to grow at a CAGR of 12.5% from 2023 to 2028. The key factors fueling the growth of this market include increased awareness for fresh farm produce, day-by-day increasing global population, leading to the increase in the demand for farm produce as well as milk, meat and eggs; along with the increase in demand for fishes as well, increasing funding to develop livestock facilities, vertical farms and greenhouses. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=219756486 The agricultural lighting market has promising growth potential due to several factors, including the increase in demand for locally grown food, year-round crop production, crop rotation, increasing demand for LED technology for horticulture, livestock and aquaculture applications. Countries in the North America and Europe regions have also witnessed in...

The hydrogen detection market is estimated to be worth USD 240 million in 2023 and is projected to reach USD 410 million by 2028, at a CAGR of 11.3% during the forecast period. The constantly growing demand for fuel cell vehicles is a major factor driving the growth of hydrogen detection market globally. Moreover, the need for hydrogen leak detection and monitoring for safety and process control in several applications such as oil & gas, automotive & transportation, energy & power, and so on contribute to the market growth. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52631881 Growing adoption of fuel cell technology, implementing policies related to energy transition as well as expanding the market for fuel cell heavy-duty trucks, the adoption of hydrogen-based fuels in shipping and aviation, and the increasing demand for hydrogen as a fuel and feedstock in various industrial processes is expected to drive the hydrogen detection marke...

The report "South Korea Microgrid Industry by Connectivity (Grid-connected, Off-grid), Offering (Power Generators, Controllers, Energy Storage, Software, Services), End User (Commercial & Industrial, Military, Utilities), Type, Power Rating & Geography - Global Forecast to 2027", published by MarketsandMarkets, South Korea Microgrid Industry to Grow at a CAGR 27.1% from 2022 to 2027 Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=917 South Korea to record highest CAGR of 27.1 % in microgrid market during forecast period The growth of the microgrid market in this country can be attributed to factors such as increasing investments in the use of clean energy sources for electricity generation, growing government support for adopting renewable energy, and a rising number of microgrid projects. The South Korean government has been promoting the development of microgrids through various policies and initiatives, such as the "Rene...

According to a research report "South Korea Precision Farming Market with COVID-19 Impact Analysis by Technology (Guidance, Remote Sensing and Variable Rate Technology), Offering, Application, and Region (Americas, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2030" published by MarketsandMarkets, South Korea Precision Farming Market to Grow at a CAGR 12.3% from 2022 to 2030. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1243 South Korea to witness robust growth in precision farming market during the forecast period Precision farming was introduced in South Korea in the 1990s through international seminars, symposiums, and research projects by scientists in government agencies and universities. Recently, precision farming technologies have witnessed an increased adoption rate in the country. According to the Ministry of Agriculture, Food and Rural Affairs (MAFRA), farms in South Korea are small, ranging from 1 to 2.5 acr...

According to a research report "South Korea Precision Farming Market with COVID-19 Impact Analysis by Technology (Guidance, Remote Sensing and Variable Rate Technology), Offering, Application, and Region (Americas, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2030" published by MarketsandMarkets, South Korea Precision Farming Market to Grow at a CAGR 12.3% from 2022 to 2030. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1243 South Korea to witness robust growth in precision farming market during the forecast period Precision farming was introduced in South Korea in the 1990s through international seminars, symposiums, and research projects by scientists in government agencies and universities. Recently, precision farming technologies have witnessed an increased adoption rate in the country. According to the Ministry of Agriculture, Food and Rural Affairs (MAFRA), farms in South Korea are small, ranging from 1 to 2.5 acr...

The global agricultural lighting market is projected to grow from USD 11.8 billion in 2023 to USD 21.4 billion by 2028; it is expected to grow at a CAGR of 12.5% from 2023 to 2028. The key factors fueling the growth of this market include increased awareness for fresh farm produce, day-by-day increasing global population, leading to the increase in the demand for farm produce as well as milk, meat and eggs; along with the increase in demand for fishes as well, increasing funding to develop livestock facilities, vertical farms and greenhouses. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=219756486 The agricultural lighting market has promising growth potential due to several factors, including the increase in demand for locally grown food, year-round crop production, crop rotation, increasing demand for LED technology for horticulture, livestock and aquaculture applications. Countries in the North America and Europe regions have also witnessed in...

The global building information modeling market was valued at USD 7.9 billion in 2023 and is projected to reach USD 15.0 billion by 2028; it is expected to register a CAGR of 13.7% during the forecast period. Growing use of BIM as it leads to sustainable development,  a rapid rise in urbanization globally, and the wide-ranging benefits of BIM realized by the Architectural Engineering and Construction (AEC) industry are attributed to the ever-increasing demand for BIM solutions. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95037387 The software segment accounted for the largest market share in 2022; the same trend is expected during the forecast year. BIM software optimizes the work of designing for architecture, construction, civil, plant, and MEP projects. These factors increase the demand for BIM software in the building information modeling market. The on-premise deployment accounted for the larger market share in 2022; a similar trend is...

The next-generation solar cell market was valued at USD 3.0 billion in 2023 and is projected to reach USD 7.4 billion by 2028, growing at a CAGR of 19.5% from 2023 to 2028. The surging demand for renewable energy is one of the major opportunities in the market.   Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=94742566 The utility segment held the largest market share in 2022, and a similar trend is expected to be observed during the forecast period. The utility segment includes solar power plants powered by PV systems. These power plants can be installed at a well-lit location, generating electricity through solar energy and selling it to consumers through grids. The market for amorphous silicon (a-Si) is expected to grow with a significant CAGR during g the forecast period. The amorphous silicon (a-Si) has achieved an efficiency of ~7%. The companies in the next-generation solar cell market are working to improve the efficiency of the materi...

According to a research report "China Precision Farming Market by Technology (Guidance, Remote Sensing and Variable Rate Technology), Offering, Application, and Region (Americas, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2030" published by MarketsandMarkets, China Precision Farming Market to Grow at a CAGR 12.6% from 2022 to 2030. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1243 Precision farming market in China likely to witness fastest growth at 12.6% during the forecast period. According to the Food and Agriculture Organization (FAO), most of the farmers in China own small and medium-sized farms. Government incentives and investments in agriculture are boosting the development of the precision farming industry in the country, as the country plans to reduce its dependence on food imports. Developing farm automation equipment is one of the key targets of the Made in China 2025 initiative. China has pledged to in...

The report "Germany Microgrid Industry by Connectivity (Grid-connected, Off-grid), Offering (Power Generators, Controllers, Energy Storage, Software, Services), End User (Commercial & Industrial, Military, Utilities), Type, Power Rating & Geography - Global Forecast to 2027",published by MarketsandMarkets, Germany Microgrid Market to Grow at a CAGR 10.6% from 2022 to 2027 Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=917 Surging adoption of microgrids due to government initiatives in the country Germany is among the key consumers of microgrids in Europe. The microgrid market outlook in Germany is positive and shows signs of strong growth in the coming years. Germany has a strong commitment to renewable energy and has set ambitious targets to reduce its greenhouse gas emissions. As a result, there is a growing demand for decentralized energy systems, such as microgrids, which can help to integrate renewable energy sources into th...

 According to the new market research report "India Machine Condition Monitoring Market by Monitoring Technique (Vibration Monitoring, Thermography, Oil Analysis, Corrosion Monitoring, Ultrasound Emission), Monitoring Process (Online, Portable), Deployment, Offering - Global Forecast to 2027", published by MarketsandMarkets, France Machine Condition Monitoring Industry to Grow at a CAGR 8.3% from 2022 to 2027 Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=29627363 France to witness significant growth in the machine condition monitoring market The machine condition monitoring process involves monitoring machines to detect possible malfunctions, predict machine failure, and identify the need for maintenance. This technology applies to oil & gas, power generation, metals & mining, chemicals, automotive, aerospace, and others. As per a report by MarketsandMarkets, the machine condition monitoring market size is projected to value USD...

The report "UK Microgrid Industry by Connectivity (Grid-connected, Off-grid), Offering (Power Generators, Controllers, Energy Storage, Software, Services), End User (Commercial & Industrial, Military, Utilities), Type, Power Rating & Geography - Global Forecast to 2027", published by MarketsandMarkets, UK Microgrid Market to Grow at a CAGR 12.9% from 2022 to 2027 Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=917 Rising use of microgrids in UK to reduce waste heat generated by traditional systems Electricity is generated in the UK through a centralized power system, which uses fossil fuels or nuclear energy for electricity production. Despite its robustness and reliability, this power system produces little power efficiently, which results in large quantities of waste heat. This leads to increased demand for microgrids in the UK to prevent waste heat generation. The microgrid, a combination of decentralised electricity generati...

The global laser diode market size is expected to grow from USD 5.9 billion in 2022 to USD 10.9 billion by 2027, at a CAGR of 13.1% during the forecasted period. The major drivers for the growth of laser diode market include increasing investments in military & defense leading to high demand for laser technology and expanding fiber laser market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1006 The laser diode market dominated by the major Tier I suppliers like II-VI Incorporated (US), Lumentum Holding Inc. (US), ams-OSRAM AG (Austria), ROHM Co., Ltd. (Japan), Ushio, Inc. (US), and Hamamatsu Photonics K.K. (Japan). These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and Rest of the World. Gallium nitride (GaN) is expected to be emerged as the fastest growing doping material segment in laser diode market during the forecasted period The GaN segment is...

According to a research report "Germany Precision Farming Market by Technology (Guidance, Remote Sensing and Variable Rate Technology), Offering, Application, and Region (Americas, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2030" published by MarketsandMarkets, Germany Precision Farming Market to Grow at a CAGR 7.5% from 2022 to 2030. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1243 Germany to dominate the precision farming market in Europe between 2022 and 2030 Germany is a pioneer in the adoption of precision farming-related technologies in Europe. Germany's agriculture industry is becoming more and more dependent on the advanced technologies related to precision farming market. A third of Germany's territory is devoted to agriculture, making it one of the world's top producers of agricultural products. German farmers are implementing precision farming technologies and strategies to increase crop yield...

The multilayer ceramic capacitor (MLCC) market is expected to grow from USD 14.0 billion in 2022 to USD 26.6 billion by 2027.; it is expected to grow at a CAGR of 13.8% from 2022 to 2027. Growing demand from the automotive industry due to advent of EVs is driving the market for multilayer ceramic capacitor. Moreover, increasing adoption in telecommunications end-user industry due to rapid development of 5G technology; and rising incorporation of MLCCs in smartphones, smart wearables, and other electronic devices plays a key role in driving the growth of the MLCC market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=143107738 Class I dielectric type to hold the largest size of MLCC market during the forecast period The Class I dielectric type segment is expected to account for the larger size of the MLCC market throughout the forecast period. It is further expected to grow at a significant rate during the forecast period. Class I MLCCs have low ca...