LG Innotek Develops Semiconductor that Can Replace Cooler

LG Innotek plans to load thermoelectric semiconductors into small appliances such as refrigerators and water purifiers ahead of others. While conventional compressor-based mini refrigerators have a noise level of 29 decibels (dB), the application of thermoelectric semiconductors can lower their noise level to 19dB. 19dB is quieter than the noise level of studios at broadcasting station (20dB). In addition, it is possible to reduce the size and thickness of small appliances up to 40% compared with those loaded with compressors by loading thermoelectric semiconductor modules half the half size of a sheet of A4 paper in small appliances.

Thermoelectric semiconductors can also be used in the field of telecommunications. The application of thermoelectric semiconductors to telecommunication data transmission equipment such as optical transmitters and receivers can minimize data loss by keeping the temperature of optical communication parts constant. If optical communication parts are not maintained at a constant temperature, data transmission efficiency will be weakened due to wavelength changes and output reduction among others.
Read More.....

Enclosure Air Conditioner Market is Expected to Grow with a CAGR of 4.3% During the Forecast Period of 2017 - 2025

Wall mounted enclosure air conditioners are expected to exhibit the highest growth rate during the forecast period

Wall-mount Air Conditioned Enclosures are the most adopted enclosures, especially in every IT and Telecom Industry. These are designed to safely enclose and cool the electrical controls, instruments, terminals, telecommunications equipment, surveillance devices, laser and optical equipment and other electronics in a variety of environments including wet locations, outdoors and dedicated data rooms. The cooler ambient temperature and cleaner air flow and least occupancy of space are the major advantages of using these enclosure air conditioners. The very segment held more than ½ of the global enclosure air conditioner market in 2017.
Read More....

Plate Finned Heat Exchanger Market is Expected to Grow with a CAGR of 7.50 % During the Forecast Period of 2018 to 2025

Air separation and gas treatment industry depicts the highest application of plate finned heat exchangers

Plate finned heat exchangers are an indispensable component for all the cryogenic gas processing applications worldwide, such as, Air Separation, LNG liquefaction, Nitrogen Rejection, NGL Recovery, Propane Dehydrogenation and various other natural gas and petrochemical processes. Advantages of plate finned type heat exchanger is that they are highly efficient and can be customized as per the requirement. The emergence of compact and brazed plate finned heat exchangers is also expected to bring a hike in the market growth, owing to its high adoption among numerous industry verticals. However, in terms of growth rate, the dynamical machines plate finned heat exchanger market is expected to grow with the highest CAGR of nearly 7.9% during the forecast period of 2018-2025.
Read More....

Wafer Bonding Machine Market is Expected to Grow With a CAGR of 10.12% During the Forecast Period of 2018 to 2025

Direct bonding to emerge out as the fastest growing wafer bonding system market in the near future

Direct bonding or fusion bonding, is a wafer bonding process that does not include any additional intermediate layer for generating the chemical bonds between the two surfaces of desired material. Direct bonding is mainly used for the manufacturing of Silicon on Insulator (SOI) wafers, sensors and actuators. One advantage of direct bonding is that the wafers come out with a smooth and clean surfaces having a direct contact without any significant pressure. The most attractive feature driving the growth of this segment is the set of advantages offered by this process, such as high bonding strength, high temperature stability, process compatibility to semiconductor technology, and ability to bond in vacuum or different atmospheric gases as well. The very segment held nearly 1/4th of the global market in 2017.
Read More....

Portable Oil Free Air Compressor Market is Expected to Grow With a CAGR of 3.60% During the Forecast Period of 2018-2025

Owing to the continuous rise in urbanization and globalization, manufacturing industry to witness the highest adoption of portable oil free air compressors during the forecast period.

Manufacturing industry has the most extensive application of portable oil-free air compressors. There are various commodities and items which are produced through air compression by the manufacturing firms. The most common example is the processing of plastic products through injection molding processes. The plastic containers which are used for packaging food products, house hold chemicals, cosmetics and many other things, are stored in these plastic containers. In addition to this, these compressors are highly preferred for power pneumatic tools, air powered tools, cutting and welding equipment, ejecting the pieces from molds, sandblasting finished metals and many others. The very market segment is expected to hold nearly 1/4th of the global market by 2025, growing with a CAGR of 4.06% during the forecast period.
Read More....

Europe credit insurance Market is Anticipated to Grow at a CAGR of 2.5% During the Forecast Period 2018-2025

Commercial insurance segment emerges as a market leader with a revenue share of nearly 85% due to increasing commercial credits

The most basic element of a business transaction is the commercial credit, as it is an effective tool to attract new customers and maintain the existing customer base. Commercial credit accounts for more than 20% of the assets mentioned on a company’s balance sheet, as majority of the commercial transactions occur on credit basis. Thus, companies offering huge commercial credit face severe risk of delayed payments and defaults. This is a crucial factor that is fuelling the growth of commercial insurance segment in the Europe market.
Read More.....

Europe Food Safety Testing Market Revenue Will Reach $5006.3 Million by 2024

Germany led the Europe food safety testing market in 2017

As per the European Commission, the food German safety testing regulations are the most stringent in all over Europe, and have been found highly effective in controlling the quality of food products, both raw and processed. The food safety regulations have gone even stricter after the dioxin chicken and egg scandal which took place as a result of animal feed, contaminated with industrial fats, in 2011. In Germany, the legal foundation which deals with the food legislation is Lebensmitte- und Futtermittelgestetzbuch. Increasing globalization, hiking export and import activities of packaged food and high reliance upon international food safety certification standards are some major factors which are propelling the market growth in the very region. Growing concerns for enhancing the quality standards of ready to eat meals, bakery, infant diet, dried processed products, canned and preserved products are expected to drive the processed industry growth in the region, hence creating a growth opportunity for the food safety and testing companies in the region. U.K follows the Germany market by holding more than 20% of the total market in 2017.
Read more...

Apache Spark Market is Expected to Grow With a CAGR of 33.9% During the Forecast Period 2018-2025

Rivalry among the market players active in the global apache spark market is expected to become fierce during the upcoming years

The global apache spark market is a highly competitive market and is characterized by rapid changes in technology, customer requirements, industry standards and frequent new product introductions & improvements. Market players are facing high competition from other prominent players based on certain factors such as greater name recognition, longer operating histories, broader & diverse product/service offerings and large customer base. In addition, new innovative start?up companies, and larger companies that are making significant investments in research & development are further fueling the market competition. In order to sustain the increasing competition, potential competitors are establishing cooperative relationships among themselves or with third parties, and further enhancing their resources. Based on the current market scenario and continuous technological advancements, the rivalry among the market players is only expected to become fierce during the upcoming years.

Read More...

Bathroom Ventilation Fans Market is Expected to Grow With a CAGR of 3.7% During the Forecast Period 2018-2025

Premium grade bathroom ventilation fans witness higher adoption in the global market, especially in the developed nations

The bathroom ventilation fans become more sophisticated and expensive, as they transit from traditional to intelligent and power saving fans. The high fixed cost & low variable cost of ventilation fans, high product competition, and achievement of fast market penetration has propelled the market players to sell their products at competitive prices. As per the study, the premium grade ($150 and above) ventilation fans are the most adopted fans in the developed nations, owing to the high demand for intelligent features and power safety.

Read More......

Fiber Laser Cutting Machine Market is Expected to Grow With a CAGR of 3.7% During the Forecast Period 2018-2025

General machinery processing segment emerged as the market leader with a share of nearly 40%, owing to the requirement of finest cutting techniques in the sector

The intricate and complex designs of blades, precise hole formations, and generation of cuts & groves in machines require the finest cutting techniques. Turbines, industrial pumps, and other huge machineries require accurate designing and manufacturing, in order to avoid catastrophic end results caused due to minute manufacturing defects. A slightest flaw in the design or in the grooves of the component might cause the whole machine unit to collapse. In order to avoid such mishaps, several machine manufacturers are adopting fiber laser cutting machines in their workshops, which in turn is fuelling the growth of the segment in the global market.

Read More....

Machine Vision System Market and Vision Guided Robot Market are Anticipated to Grow at a CAGR of 7.2% and 13.2% Respectively During the Forecast Period 2018-2025

Automotive segment garnered the lions share in the global machine vision system market due to the surging applications of these systems in such a mass production industry

Industrial robots are on the edge of transforming the face of automotive industry. Machine vision plays a crucial role in the automotive sector as it functions like the brain and eyes of the blind robotic bodies working in the manufacturing plants. As per a research, the automotive industry is one of the largest consumers of automation equipment. If calculated, one single automobile unit can have more than 12,000 precision parts that are to be placed at the correct place. Being a high volume industry, automotive industrialists are traditionally focused upon mass-production and thus cater to the need for machine vision systems.

Read More....

Resin Optical Lens Market is Expected to Grow with a CAGR of 5.1% During the Forecast Period 2018-2025

Mobile phones segment led the global resin optical lens market in 2017 due to the rising sales of smartphones

Mobile phones have become an indispensable part of the lives of current generation. As per a survey, smartphones hold nearly 75% of the global mobile market and are expected to grow rapidly in the near future owing to advancement in technology. As camera phone technology has progressed over the years, the lens design has evolved from a simple double gauss or cooke triplet to many molded plastic aspheric lens elements made with varying dispersion and refractive indexes. Recent advancements such as, universal mobile phone telescopic lens is a fancy little mobile phone accessory that lets you add optical zoom functionality to the phone's camera.

North America emerges as a market leader in the global resin optical lens market due to the flourishing automobile and consumer electronics industries

North America held nearly 38% market share, in terms of revenue, of the global market in 2017. The segment is expected to grow with an impressive growth rate of 4.5% during the forecast period. North America is a prominent region exhibiting a higher demand and supply statistics in terms of automobiles, smartphones, cameras and related accessories. According to Pew Research Center, out of the total 95% U.S. adults who owned a cellphone, approximately 77% of the U.S. adults owned a smartphone in the year 2017. In addition, as per the data revealed by OICA, around 11,189,985 motor vehicles were produced in USA in 2017, out of which 8,156,769 were commercial vehicles and rest 3,033,216 were cars. Such impressive statistics are expected to maintain the regions dominance in the global market and offer lucrative opportunities during the upcoming years.

Read More....