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Latin America is a region rich in natural resources. As such, the extractive industry plays a crucial role in the countries’ economies. Although the oil and gas industry drives pump sales as the largest end user, other industries such as power generation, water and wastewater, construction, chemical processes, food and beverage, pharmaceuticals, an...

20 Sep 2024  |  Global  |  Market Research

Growth Opportunities in the Airport Baggage Handling System Market, Global, 2023 2033

Regulatory Mandates, Personalized Baggage Experience, and Airport Megaprojects will Drive Transformational Growth and Market Expansion

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The global airport baggage handling system (BHS) market is undergoing a transformative shift, driven by the rising demand for efficient, scalable, and technologically advanced solutions. As passenger volumes rebound post-pandemic and air travel surges in Asia-Pacific and Europe, airports are under increasing pressure to modernize their infrastructu...

13 Sep 2024  |  Global  |  Market Research

Growth Opportunities in the Data Acquisition Market, Global, 2021 2028

Fast Industrial Internet of Things Adoption is Driving Transformational Growth and Demand for Data Acquisition

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In modern business operations, data is an essential factor in making crucial decisions. The drivers that contribute to the growth of the data acquisition (DAQ) market share a common thread the need for more data analysis at every stage, from design to manufacturing and operations. Powerful factors drive this market, such as the widespread adoption ...

The Indian lighting market is expanding, driven by urbanization, infrastructure development, and rising demand for energy-efficient lighting solutions. Valued at $3,836.3 million in 2025, the market is forecast to reach $5,126 million by 2031, at a CAGR of 4.9%.Key drivers include government programs such as the Smart Cities Mission, UJALA, Street ...

At present, only 24% of truck fleets in Mexico utilize telematics services; nevertheless, this number is expected to grow in the medium term. Basic solutions are installed in most connected trucks (usually, track and trace solutions), mainly to meet the demands of carriers and insurance companies. However, the need for advanced solutions, such as A...

As one of the the fastest growing sectors in the country, the Indian electronics industry is making concerted efforts to move from a consumption driven to a manufacturing driven industry. With low operating costs, a low competitive scenario, and ample potential for penetration by OEMs and EMS in key industry verticals, India promises to emerge as a...

Demand for high-performance oscilloscopes with enhanced automation features that simplify complex testing processes and ensure precise measurement and analysis of electronic signals continues to spur industry-level innovations and manufacturing activities. Despite the challenges of trade tariffs and supply chain disruptions, companies are increasin...

24 Jul 2024  |  Global  |  Technology Research

Radar R&D Portfolio Assessment and Opportunity Analysis

Millimeter-Wave Radar and Radar-on-Chip Solutions are Driving Market Growth

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Radar technology will experience rapid growth because of improvements in enabling technologies and growing demand in the automotive, defense, aerospace, consumer electronics, manufacturing, and energy industries. The technology has diverse applications and use is expanding with the adoption of IoT devices and penetration of 5G technology. The lo...

11 Apr 2022  |  South Asia, Middle East & North Africa  |  Market Outlook

Middle East Power & Energy Outlook, 2022

Strong Growth in Electricity Demand and Supply Security Drive the Industry While Decarbonization and Expanding Markets Propel Power Investments

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Key Issues Addressed

Globally, the Middle East (ME) is one of the regions most vulnerable to climate change. Nearly every ME country has been subjected to some of the lowest precipitation levels historically, and hotter climatic conditions will lead to a surge in demand for electricity to power regional cooling requirements. In fact, cooling already accounts for 70% of...