Global air and missile defense radar (AMDR) market size was estimated to be USD 7 billion in 2014 and is expected to grow at an estimated CAGR of over 6.5% making it a lucrative market in sophisticated and advanced technology industry. Increased threats in the Middle East, Asia pacific and Europe lead to higher demand of these radars. Major countries in the Asia and Middle East are in constant threat of missile and nuclear attacks thus making these regions a potential market for the firms. There is an increased demand for naval based radar system from the armed forces from both European and U.S central command.
An Intelligent Transportation System (ITS) improves the performance of a transportation network, enables multimodal transport, optimizes fuel consumption and helps reducing risk of road accidents. It achieves this by integrating the transportation network with ICT (Information and Communications Technology). ITS can also be extended for rail, water and air transport and navigation systems. Real-time data is collected through sensors, video surveillance devices, navigation systems and vehicle probes and it is further analyzed and communicated to the user via internet, dynamic sign boards, mobile telephony, etc. These systems are used for boosting the overall safety as well as increasing the efficiency of the operation of public transit systems. Application areas include traffic management, parking management, automotive telematics, road user charging, road safety and security, freight management (commercial) and environment protection.
Global armored vehicle market is expected to witness significant growth over the next seven years on account of its rapid demand primarily in developing countries, viable conflicts in global scenario, preeminent importance for homeland securities and growing conflicts within several nations.
Automated teller machine (ATM) market is poised to grow on account of technological advancements in wireless communicating device integration. Rising integration of wireless communication services with ATM in order to reduce transaction frauds is a major factor driving demand over the forecast period. Furthermore, advancements in ATM’s such as solar ATM’s, smart ATMs is expected to fuel industry growth.
The complete value chain of the cold-end exhaust systems market is a constricted industry segment-related chain with an interconnection between several players coupled with a flow of value in the form of services and goods. The entire value chain for the exhaust system industry, when classified into industry segments, comprises two major streams, namely the core industry and supporting industry segments.
Mobile wallets are the digital equivalents of their traditional counterparts. They store information on debit & credit cards. This information helps access products, services, or places. It can be in the form of loyalty cards, driving licenses, personal identity cards, health cards, etc. The information can be accessed through an app using a PIN (Personal Identification Number) and password/fingerprint.
The millimeter wave technology is a wireless technology, mostly used across the telecommunication applications for transmitting data over distances. The technology is also used widely across imaging & scanning systems and radar & satellite communication systems. Millimeter waves are the radio frequency waves with frequencies ranging from 30 GHz to 300 GHz, also known as Extremely High-Frequency (EHF) range. The wavelength of these radio waves ranges from 1 mm to 10 mm
Switching electronic circuits are used to regulate the flow of energy and are known as power electronic devices. They enable conversion of electric power, alike semiconductor devices such as diodes, thyristors, and transistors and possess optimum forwarding, reverse backing, simplified circuitry, and compact designing capabilities. The devices are useful in connecting power grids to renewable energy resources and are used in electric trains, lightings, and motor drives.
IVAs can answer the queries of users regarding internet access. They also put on reminders for important events and help access your phone’s vital files with voice commands.
An oil spill is a byproduct of human activity in which petroleum hydrocarbon is released into the environment, which results in pollution. Oil spill can occur onshore as well as offshore. The oil spill is mainly due to the release of crude oil during exploration & production or transportation from pipelines, tankers, drilling rigs & wells, offshore platforms as well as a spill of other petroleum products, for instance, diesel & gasoline.
The global RFID market is stimulated by the growing need for inventory control. These products reduce process cycle time and increase distribution efficiency. Products such as tags, readers, and scanning devices, are used in different application areas such as retail, healthcare, financial services, government, industrial, and transport.
The phase of wireless charging is almost here, with car makers, airports, and restaurant chains setting up charging stations. You can merely place your phone on the table to renew the battery, instead of having to carry a charger and plug it in
The smart cards market is mainly driven by the growing trend of adoption of IoT devices, such as mobile phones and tablets, that contribute toward digital services including e-banking and mobile payment facilities. The usage of these products is instrumental in reducing handling and operational costs as well as providing efficient storage of user data.
CRM solutions enable customer interaction analysis and customer lifecycle data management. They foster customer retention by analyzing a customer’s buying behavior; thereby, aiding organizations in developing enhanced customer services. The growing need for exploring untapped customer bases is expected to drive the market growth.These solutions can be applied across multiple business channels such as supply chain, production, distribution, and marketing and implemented at different points-of-contacts such as company websites, direct mail, live chat, and social media.
Big data consists of ungrouped data; showcasing patterns, trends, & associations of consumers. This large ‘data’ volume, when successfully compiled, is valuable to a business‘s day-to-day operations.
3D cameras in smartphones are promising. They offer superior picture & video quality to consumers. Presently, smart phones are incorporated with 3D sensors. These sensors feel movements and facilitate smartphone cameras to catch accurate ‘surrounding & object’ dimensions.
In a recent survey, about two-thirds of all enterprises claimed most of their purchasing, marketing, and supply chain functions to be cloud-based. Over half of them predicted cloud computing to boost their top-line revenues within three years of adoption. In fact, most companies are foreseen to depend on cloud technology in the coming years.
There has been a steep rise in thefts, robberies, internet hackings, and security breaches across the globe. Biometric and facial recognition technologies were developed to combat the same & ease the burden of companies.
Strapping is nothing but the process of applying a strap to a product to stabilize, palletize and fasten it. It is widely used in the packaging industry to assure the customers with good packaging. Selection of machine is very crucial since if the goods are not strapped properly, then it can harm the packaged product while shipping. It is required in the packaging industry in order to maintain the security and closure of the shipped goods.
Over the top (OTT) devices and services have changed the way we consume content. So much so, that OTT streaming devices are now known to be the fourth most common in-home access point to the Internet, after desktops, smartphones, and tablets. Major media brands now have the benefit of using OTT services to target viewers at a person-level, going beyond household-level.
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