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Rising incidents of cardiac arrhythmia and the increasing demand for minimally invasive procedures boost the cardiac ablation (CA) market growth. In addition, fewer risks associated with the CA procedure make it a preference, worldwide. Global demand for CA procedures declined in 2020 and 2021 due to the COVID-19 pandemic restrictions on non-emerge...

The market for technologies enabling food safety has gained momentum in recent years mainly due to the recent food product recalls across the world. These recalls are mainly due to contamination by microorganisms and other toxins/ chemicals that can cause foodborne illnesses and contribute significantly to the cost of healthcare. The need for food ...

Quantum technology, which enables the manipulation of atoms and sub-atomic particles, will allow for a new class of ultra-sensitive devices with key potential to profoundly impact and disrupt significant applications in areas such as defense, aerospace, industrial, commercial, infrastructure, transportation and logistics markets. The ability to con...

A compound semiconductor is the combination of two or more elements in the periodic table. Compound semiconductors cater to 4 major industrial segments which are high power electronics, photonics, sensors, and communication. Gallium Nitride (GaN) is one of the dominant compound semiconductor that is in the middle of semiconductor revolution. Resear...

Passenger flow management includes digital solutions that airports use to ensure a seamless passenger experience across touchpoints, reduce wait times, and increase dwell times to improve airports non-aeronautical revenue. Airports had been experiencing an increase in passenger traffic until the COVID-19 pandemic roiled the travel industry. The p...

Semiconductors are fundamental electronic components present in any electronic device and have evolved over time in size and performance. At the core of semiconductors lies semiconductor fabrication, which facilitated the miniaturization of electronic components. Advancements in lithography technologies in terms of light sources, photomasks, and ph...

The growing demand for food, weather-related uncertainties , productivity losses, low yields due to the lack of operational efficiency, and the need for technology to improve all these factors has stimulated the precision/smart agriculture technology market. The use of advanced equipment in farming (driverless tractors, drones, robots), new cultiv...

Advancements in wireless communication technologies, sensor fusion, imaging technologies, Big Data, and analytics have created opportunities for automotive manufacturers to discover a wide range of solutions for multiple applications. Miniaturization of electronic components, advancements in navigation, and adoption of smart devices is expected to ...

04 Oct 2017  |  North America  |  Market Research

North American Digital Substation Market, Forecast to 2022

Growing Distributed Energy Resources and Need for Grid Modernization will Drive Demand

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Utility substations form an integral part of the entire grid network. They will play a vital role in the smart grids of tomorrow. With growing complexity in the grid, energy companies are recognizing the importance of digital transformation. Additional challenges include substation projects coming under increasing cost and time pressure, investors...