Karen's Blog

INTRODUCTION Solenoid Valve Market is projected to witness a compound annual growth rate of 4.11% to grow to US$5.309 billion by 2022, increasing from US$4.341 billion in 2017.  The key factor driving this growth is increasing the application of solenoid valves across different industry verticals. The solenoid valve is used in fluid power pneumatic and hydraulic systems, paintball industry, household water purifiers, and automatic irrigation sprinkler systems among others. The continuous technological development and product innovation have resulted in the development of customized valves, micro-miniature valves, and pinch valves among others which further augments the solenoid valve market growth.  Shift to renewable sources of power generation and increasing adoption of the solenoid valve in various process industries some of the key factors driving the growth of the market.  Moreover, the declining price and low power c...

The terahertz technology market was valued at US$185.98 million in 2017 and is projected to expand at a CAGR of 25.91% over the forecast period to reach US$741.19 million by 2023.  The terahertz technology refers to a frequency range between microwave and infrared, the range lies between 0.3 THz to 10 THz of the electromagnetic spectrum. New advancements in technologies have made possible for the previously less or unknown benefits of the terahertz technology for imaging systems.  The terahertz waves are invisible to the naked eyes and are considered safe when compared to the X-rays. This is due to the non-ionizing effect of these radiations and is thus safe for humans as they do not have the power of deeper penetration into the body cells.  Therefore, are also called as non-invasive radiations.  Market Research  is done by the knowledge sourcing industry due to the huge scope with the respective industry. Sample view of global terahertz technology ma...

INTRODUCTION Video walls market is projected to grow at a CAGR of 7.25% over the projected period to reach US$7.982 billion by 2022, from US$5.625 billion in 2017.  The emerging trend of outdoor events such as music concerts, political assemblies, and sports events in metropolitan cities is also boosting the demand for large screens, thereby positively impacting the growth of the global video walls market.  Growing market competition requires producers to adopt innovating marketing techniques and pressurizes to change advertisements frequently which is also a major factor for the high demand for large video wall screens worldwide.  Increasing investments in airport infrastructure due to a surge in passenger load and booming tourism industry will escalate the demand for digital signboards at airports. Rising per capita income and improving the standard of living in developing economies such as China, India and Brazil has led to the entrance an...

INTRODUCTION Global educational robots market is estimated to reach a market size of US$640.594 million by 2023 at a CAGR of 27.87% over the forecast period from the current estimate of US$146.513 million in 2017. Educational robots include the collection of activities, educational resources, pedagogical philosophy and physical platforms for the transfer of knowledge. The market is expected to grow at an impressive rate owing to the evolving capabilities of robots. These robots can be used to help students with autism to learn social skills.  However, reluctance to incorporate robots in the curriculum by the teaching staff is restraining the growth of this market. Region-wise, Europe holds a significant share in the market owing to the increasing investments in the field of educational robots so as to impart interactive and hands-on education to the children in the schools and universities.  Market Research  is done by the knowledge sourcing industry due to the h...

INTRODUCTION Global Power Bank Market is expected to grow at a CAGR of 17.30% over the forecast period to reach US$33.810 billion by 2021 from US$12.982 billion in 2015. Increasing processing power of devices, the growth of digital content, convenience, and shift towards 3G and 4G networks are the major factors propelling the growth of the Power Bank Market.  By application, smartphones will witness the highest market growth, followed by tablets and portable media devices. In Europe and North America, power banks market is growing significantly owing to a large consumer base in these regions coupled with the rising demand for Lithium-Polymer power banks as they are lightweight and slim.  APAC region is anticipated to witness the fastest market growth due to rising purchasing power and high social media engagement by consumers, increasing penetration of smartphones and tablets, and rising internet connectivity. The emergence of low-cost power banks and the presence of ...