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Showing posts from August 15, 2017

Earth observation satellites now provide a substantial degree of information and are extensively used

It is important to recall that, aided by high-resolution cameras, satellite imaging has witnessed a considerable degree of improvement in its uses. In effect, Earth observation satellites now provide a substantial degree of information and are extensively used in the areas of defense, oil and gas exploration, mining, and meteorology.

Semiconductor components in vehicles

Very interesting to observe that, the electrification of automobiles, as well as the rising demand for automation in vehicles, is driving the semiconductor market in the integration of Semiconductor components in vehicles. Semiconductor ICs are being used for several purposes in automobiles, such as airbag control, GPS, anti-lock braking systems, displays, infotainment systems, power doors as well as windows, automated driving, and collision detection technology.

The satellite-based earth observation market in Europe

For those are unfamiliar, the EU spends billions of dollars on earth observation programs. ESA organizes the data delivery for 30 satellites and above. The European Commission (EC) acts on behalf of the EU, which is responsible for the overall initiative for the requirements and management of the services. ESA creates a family of satellites called Sentinels, particularly for the operational needs of the Copernicus program. Many Sentinel satellites are expected to be launched under this program. For many analysts, the satellite-based earth observation market in Europe will grow steadily during the forecast period.

Semiconductor packaging

For those who are unfamiliar, Packaging is a process in the semiconductor development cycle that involves the wrapping of the silicon wafer in a case. This case offers support and protection from physical damage as well as prevents the corrosion of the chip. Semiconductor packaging, over the last ten years, has evolved from chip-scale package to SiP, PoP, wafer-level package, 2.5D ICs, and finally to 3D ICs. According to Technavio Research, the packaging market faces challenges in wafer size and node migrations.

Smart transportation solutions and services

Interesting to observe that, the global vehicular usage has been surging at a rapid rate and this calls for various solutions to address the emerging problems such as congestion, accidents, and infrastructure scaling which enhances the application of smart transportation solutions and services. Growing need for reduction of greenhouse gas emission and supportive government initiatives are also at the core of stakes. The smart transportation market size was estimated to be USD 46.72 billion in 2015 and is projected to reach USD 138.76 billion by 2020, growing at a CAGR of 24.3%, according to Research and Markets.

The concept of smart building

For those who are unfamiliar, the concept of smart building was initially introduced to optimize energy consumption and reduce operating costs, so as to enable end-users to analyze energy operational data for actionable insights. Smart buildings enable facility optimization through the convergence of information technology and building automation. Some of the major factors that are driving the growth of the smart building market include the growing government initiatives for the development of smart building projects, rising focus on green buildings, and evolution of building management IoT platforms. The smart building market size is projected to reach USD 24.73 billion by 2021 at a CAGR of 34.0% by 2021, according to Research and Markets.

The most interesting regarding the global Internet of Things (IoT) in utility market

Very interesting as Utilities are shifting their focus towards using cutting-edge technology, increasing productivity, and optimizing the cash flow to improve its business process. They are moving towards updating current grid technologies while integrating it with networking and computational capabilities, in order to connect and automate seamless energy distribution and transmission. One can also observe that, the government initiatives for smart grid rollout, drives the IoT in utilities market. According to Research and Markets, the global IoT in utility market is estimated to grow from USD 4.63 billion in 2015 to USD 11.73 billion by 2020, at a CAGR of 20.4% during the forecast period.

The most exciting regarding the Global vendor management software market

The first reality is that, one of the major reasons fueling the interesting growth of the global vendor management software market is the increasing need to minimize administrative costs, increase negotiating power with suppliers and customers, and ensure compliance. According to Technavio Research, Economic growth and new emerging markets, cloud computing, a growing service sector, and increasing demand from SMEs are some of the major factors driving the market.

Supply chain business analytics helps build a stronger network of vendors

For those who are unfamiliar, Supply chain business analytics helps build a stronger network of vendors, provides a 360° view of how vendors are performing, where the weak links are, and where the areas of opportunity for vendor management lie. Supply chain business analytics inbuiltin vendor management software helps companies to better monitor vendor lead times, schedules, and fill rates.