#Digital Inverter Market
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Stellar Growth Predicted for Global Digital Inverter Market with a 7.1% CAGR from 2017 to 2027
A recent study by Future Market Insights titled “Digital Inverter Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” examines a number of aspects of the worldwide market for inverters. Important insights have been achieved by filtering and organising the raw material from secondary research in a methodical manner.
The market is carefully examined to gather information about the different trends that are reshaping the industry, the factors propelling market expansion, the prospects influencing market trajectory, and the obstacles impeding the global digital inverter market’s expansion.
These various facets have been analysed across the key regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA) to gauge their intensity and impact on the overall market expansion. Based on historical data and the current scenario, future insights on the market based on value and volume projections for a period of 10 years have been included in this research report across each segment of the global digital inverter market.
Global Digital Inverter Market: Forecast
The global digital inverter market is expected to grow at a high rate to register a CAGR of 7.1% during the period of forecast. The global market is estimated to be valued at around US$ 5.5 Billion in 2017 and is expected to touch about US$ 11 Billion by the end of the year of assessment (2027).
Global Digital Inverter Market: Factors Influencing Growth
Aspects such as increase in disposable income, favorable government regulations, development of plug and play type inverters, high conversion efficiencies, increasing demand from commercial and industrial sectors, increasing consolidation, development of solar projects by governments, the transition from developed to emerging markets and establishment of sound sales channels are driving the growth of the global digital inverter market.
However, factors such as increasing DC optimiser adoption, high costs and errors in digital inverter software are restricting the growth of the global digital inverter market.
Global Digital Inverter Market: Segmental Forecasts
The global digital inverter market has been segmented by product type, by region, by end user and by power source.
By product type, string inverters segment is estimated to be the largest in terms of value share and is expected to cross US$ 4.2 Bn by the end of the assessment year. This segment is also projected to grow at the fastest rate during the forecast period.
By end user, utilities segment is the most lucrative and is expected to soar at a high CAGR of 7.4% during the period of forecast to reach a significant value by the end of the assessment period.
By power source, solar inverters are gaining high traction and the solar inverter segment is poised to register a 7.6% CAGR. The battery inverter segment, however, stays ahead in valuation thus dominating the global market.
By region, Asia Pacific excluding Japan (APEJ) is the largest region in terms of growth and market value. The digital inverter market in the APEJ region is predicted to soar at a high CAGR of 7.5% during the period of forecast to reach a high valuation of close to US$ 4.5 Bn by the end of the assessment year.
Global Digital Inverter Market: Company Assessment
The research report on the global digital inverter market encompasses in-depth assessment on various key players dealing with digital inverters.
Profiles of major companies such as Eaton Corporation, Schneider Electric SE, Siemens AG, ABB Ltd., General Electric Co., Enphase Energy, Inc., SMA Solar Technology AG, Vertiv Group Corporation, Leopold Kostal GmbH & Co. KG, Growatt New Energy Co.,Ltd., ReGen Powertech Private Ltd,. Fronius International GmbH, SMA New Energy Technology (Jiangsu) Co., Ltd., and Toshiba Mitsubishi-Electric Industrial Systems Corporation have been included in the competitive assessment chapter of the research report.
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wait you made a genesis controller that's so fucking cool
Hell yeah I did!! I was making custom arcade sticks for a while with my best friend. We made one as a proof of concept for a decently popular speedrunner and when he used it on stream a number of other streamers contacted us looking for controllers. One was a classic Sonic runner that asked for a Genesis controller and I was like "Sure, that sounds like a fun challenge!"
It wound up being... Ultimately not that bad?? But it required a lot of experimentation and learning on my part the details of which are about to be inflicted upon you because you dared to ask
When I started I looked at the Genesis controller pinout my first thought was "oh, that's super easy" - it's 9 pins: 2 that carry power, 6 that carry data, and one SELECT line that changes which pins represent which buttons. This is a hilariously easy C program to write so I got the Pico SDK set up and cranked it out, flashed it using my janky homemade picoprobe carrier, and immediately ran headfirst into problems.
See, my thinking was along the lines of "The Pico runs at like 8x the clockspeed of the Genesis, I just need some level shifters to convert between 3V and 5V signals and we're golden" and that was... Actually mostly true. However, every like 20-30 seconds it would produce either phantom inputs or drop out entirely for half a second or so, which is just laughably unacceptable for speedrunning purposes.
I tried pursuing that implementation for a while - down to comparing signals from my controller and a stock Genesis controller with an oscilloscope - before I ultimately decided that it wasn't worth the effort. I think the final straw was that it was basically working in game but the everdrive menu wouldn't work with it at all?
It was at this time that I finally decided to crack open an old Genesis controller and look at what integrated components (ICs) it used to try to reverse the circuit. The one I had was worthless - after copycat controllers started showing up on the market back in the day SEGA switched all their official controllers to use a single proprietary chip that they produced specifically for this purpose. They even put a glob of some dense cured resin shit over the chip and the traces around it to make it impossible to lift off the board or reverse.
I found a couple grainy scans online of REEEEEEALLY old controller models that and could sus out a multiplexer chip and that's about when things started making sense to me. Previously I had only worked with digital controller protocols like xinput (Xbox/PC) or joybus (N64/GameCube) but that was a level of sophistication only achieved later in the development of game consoles - there is no protocol on the Genesis.
There are 9 pins on the Genesis main board (18 for both controller inputs) that are connected directly to the pins on the controller port. Your controller takes a Long Ass Wire and connects those pins to buttons on the gamepad, with a multiplexer sitting in between so it can swap out a couple buttons based on the SEL line. It didn't matter how fast my chip ran because 1. This is gonna be a noisy signal and measuring it digitally is going to be imperfect, and 2. Literally any latency whatsoever is a problem because this is going to be read at a hugely variable rate. This has to be implemented with logic gates.
For those of you that have a college education (in say, comp sci or comp eng or electrical eng or mech eng) this is likely not that much of a challenge. For me, as a professional software engineer, expressing the logic was trivial:
(I know I probably could've done that with just NAND gates (and the inverter is COMPLETELY unnecessary) but a girl loves easy-to-read circuit diagrams that directly reflect the intended logic)
But manufacturing the damn thing?? THAT was the hard part. My dumb (white, self-taught) ass had never worked with ICs before, so my first draft was literally just sticking all of these together with no resistors or capacitors in there whatsoever. I had basically just made an antenna - moving the controller around in space (or bearing near enough to other electronics) caused voltage fluctuations which resulted in erratic signals being sent to the console.
My SECOND draft however - after consulting with an Actual Electrical Engineer ™ and learning the benefits of capacitors and resistors in logic circuit design - worked fucking great. According to EE friend it was slightly overbuilt - I had given each IC its own power input smoothing capacitor located right next to those pins when just one would likely suffice, and similarly every input pin got its own pull-up resistor - but I was 100% okay with that. Overbuilt is better than underbuilt and this is a handmade low-volume good, a couple cents on electrical components made no meaningful budget impact.
One "oh god fuck doing this by hand" and run of FreeRouting's Auto Router later we had ourselves a PCB layout!
I placed an order for 3 of those from our good friends at OshPark and then it was just a matter of assembly! Soldering it together was easy as hell, the final product ended up looking this (short a few capacitors I was still testing to see if I needed)
Then it was time for assembly!! The client requested black acrylic panels to kind of resemble a B0XX so I took our CAD model of the controller and I added circuit mounting holes to the bottom panel, cut each panel out with my laser cutter, and started piecing the panel joints together with a tight friction fit. To seal the joints I carefully filed the seams of each edge until I had a rounded and near-seamless corner filled with ground acrylic and then used a very fine plastics glue to flood the micro gaps in there and give it more long term sticking power. Notably I didn't do this on the bottom panel as it's meant to be popped on and off by the user if they wanted to replace the buttons or wiring harnesses or something.
Then...it was done!! Because of the raw amount of fuckery involved in this process (and the fact that this wasn't my main source of income/I was selling my house/meeting my fiance/MANY other things) it took about a year between me receiving the commission and actually shipping the finished product, but I'm really proud to say that we did do it and the client LOVES it!!
#aripost#asks#on the one hand I'm sorry for inflicting this on everyone's dash#but on the other hand I'M REALLY FUCKIN PROUD OF THIS THING AND YOU HAVE TO LOOK AT IT OKAY
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Global top 13 companies accounted for 66% of Total Frozen Spring Roll market(qyresearch, 2021)
The table below details the Discrete Manufacturing ERP revenue and market share of major players, from 2016 to 2021. The data for 2021 is an estimate, based on the historical figures and the data we interviewed this year.
Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research includes the research of the annual financial reports of the top companies; while primary research includes extensive interviews of key opinion leaders and industry experts such as experienced front-line staffs, directors, CEOs and marketing executives. The percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
According to the new market research report “Global Discrete Manufacturing ERP Market Report 2023-2029”, published by QYResearch, the global Discrete Manufacturing ERP market size is projected to reach USD 9.78 billion by 2029, at a CAGR of 10.6% during the forecast period.
Figure. Global Frozen Spring Roll Market Size (US$ Mn), 2018-2029
Figure. Global Frozen Spring Roll Top 13 Players Ranking and Market Share(Based on data of 2021, Continually updated)
The global key manufacturers of Discrete Manufacturing ERP include Visibility, Global Shop Solutions, SYSPRO, ECi Software Solutions, abas Software AG, IFS AB, QAD Inc, Infor, abas Software AG, ECi Software Solutions, etc. In 2021, the global top five players had a share approximately 66.0% in terms of revenue.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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Beko Marks 3rd Anniversary In The Philippines With Trade Launch, Lays Out Business Development Plans
Beko Philippines is entering a new phase of business in their journey to bring the European brand to a sustainable lifestyle for Filipino customers. In celebration of its third year of operations, Beko announces its goal of being the number one European brand in the Philippine market in the next 5 years.
“We are very happy to be holding this trade launch for our dealers and stakeholders as we share that Beko will be a bigger and better brand in the Philippines in 2023 and beyond,” said Gürhan Günal, Beko’s country director in the Philippines, who also presented the company’s business development plans of EXPAND, GROW, LEAD, CONNECTIVITY and SUSTAINABILITY for the Philippines along with the brand’s hero technologies at the anniversary trade launch at the Grand Ballroom of Marriott Hotel Manila.
This is the heart and reason why this year, Beko will be made available soon in other appliance stores nationwide as it continues to “expand” its distribution to other retail channels.
To further “grow” brand awareness and visibility they also announced the renewal of their brand ambassadorship with Judy Ann Santos-Agoncillo alongside with digital and traditional media investments.
As one of the “leading” manufacturers of home appliances, Beko promotes the Live Like a Pro lifestyle and inspires Filipinos to experience a more convenient way of living through European style product lines. They stated that Beko Pilipinas Corporation is the exclusive distributor of Hitachi Major Domestic Appliances as part of their brand portfolio.
Beko appliances are made smart, relevant and designed to easily support Filipino families. With the HomeWhiz function you can easily “connect” to your Beko appliances with the use of your smartphones.
As part of Beko’s global sustainability effort, Beko Philippines announces its partnership with Plastic Credit Exchange, which serves a global ecosystem of carefully vetted partners that recover, process, and recycle plastic waste with programs that improve livelihood, scale up social impact, and reduce the flow of plastic pollution into nature. The partnership is in line with Extended Producer Responsibility Law, which holds companies responsible for the plastic packaging they use throughout the lifecycle of their products.
Trade launch showcasing hero technologies
As Beko marked its third year in the Philippines, the appliance brand held a grand trade launch for its dealers at the Marriott Hotel Grand Ballroom with the theme “Empowered to Live Like A Pro.”
During the whole-day event, guests, including media and dealers, got to experience Beko’s range of appliances. They also got tips from a chef and an interior designer on how to manage their homes like a pro.
Beko Philippines showcased its hero technologies, such as HarvestFresh, ProSmart Inverter Technology, Steam Cure, Hygiene+, AeroPerfect TM and many others. These technologies help you live like a pro. Among the products displayed that day were cookers. The HII64205F2MT is a 60x50cm built-in induction hob with four Cooking Zones and two 2 Flexizone, nine cooking levels and a glass burner plate. Meanwhile, the BBIS14300XCSE 60x60cm. multifunction built-in oven with six cooking functions, including Steam Aid feature for moist and even cooking.
There were also refrigerators, one of the appliances which Beko is famous for. The GNO480E40HFGBPH is a 16.6cf inverter multi-door refrigerator with Neofrost Triple Cooling Technology, HarvestFresh, Prosmart Inverter Compressor, in sleek black glass door finish. Also featured is the Hitachi Refrigerator R-WB640VG0-1 GBK with Vacuum Technology with Platinum Catalyst, Inverter X Dual-fan Cooling with Eco-thermo sensor.
Other appliances include the CEG7302B, a bean-to-cup espresso machine and the BSEOG180/181 2Hp air-conditioner with Go Clean Technology, MicroClean TM Filter, Gold Guard, ZoneFollow, 4D Auto Swing and HomeWhiz.
Beko appliances are available at 1st Megasaver, Abenson, All Home, Anson’s, Appliance Centrum, Asian Home Appliance, Automatic Centre, BHF, Echo Electrical, Fair N Square, Gloria Bazaar, Great World, Hat, J Marketing, Lazada, Magic Appliance, Manhattan Appliance, Mike’s Department Store, NB Marketing, Pricewise, RS David, Our Builders, Robinsons Appliance, Savers, Shopee, SM Appliance, Solidmark, SVC & Plusign, United Motoliance, and Western Appliance.
For more information about Beko in the Philippines, go to http://beko.ph or visit their Facebook page at https://www.facebook.com/bekoph and their Instagram page at https://www.instagram.com/bekoph/.
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Web Design Agency: 7 Advanced SEO Strategies for 2025
In 2025, the digital landscape continues to evolve. With it, the strategies for search engine optimisation (SEO) services also progress.
For business owners and administrators looking to enhance their online presence, staying ahead of the curve is crucial. This blog will explore seven advanced SEO strategies to help your website achieve better visibility and higher rankings on search engines. So, let’s dive in to choose the best reliable web design agency.
Enhance Content’s Time to Value
Time to value is the duration it takes for a user to derive benefit from your content. Ensuring a short time to value can significantly improve user experience, reduce bounce rates, and increase engagement.
Implement the Inverted Pyramid Approach: Place the most critical information at the top of your content. This approach helps users get the value they seek immediately.
Optimise for Mobile: Given that many users access content via mobile devices, minimise scrolling by making key information accessible above the fold.
Develop Topic Clusters
Topic clusters consist of a central pillar page that targets a broad topic, surrounded by related content pieces that link back to it. This strategy enhances topical authority and improves SEO.
Create Comprehensive Pillar Pages: Develop detailed pages that cover all aspects of a central topic.
Internal Linking: Ensure all related articles link back to the pillar page, reinforcing its authority.
If you are a beginner, it is recommended to consult with an SEO-friendly web design agency.
Example: A digital marketing agency in Melbourne could create a pillar page on “SEO services” and support articles on keyword research, on-page SEO, and local SEO strategies.
Leverage Strategic Internal Linking
Internal linking helps search engines understand your site’s structure and enhances user navigation. Strategic internal linking involves linking high-authority pages to relevant, less authoritative pages.
Identify High-Authority Pages: Use tools to find pages with the most backlinks and authority.
Anchor Text Optimisation: Use descriptive anchor text that aligns with the target page’s primary keyword.
Best Practice: Regularly audit your site for internal linking opportunities, especially after publishing new content.
Maximise SERP Real Estate
Growing the position of your site on the SERP can bring more traffic without enhancing the rank’s quality.
Use Structured Data: Optimise for Schema markup to make further improvements to your site’s appearance in SERPs: this may entail getting such elements as stars, prices, and images added to the snippets.
Multimedia Content: Provide video and image content, besides using infographics, to ensure users get value and that the website ranks well to different queries.
It is advisable to have a web design agency to discuss your SEO requirements with their SEO professionals.
Example: This means that a bakery business based in Melbourne is able to use the schema markup to provide the searchers with the customer’s reviews and availability on the specific product.
Utilise Paid Ads for Link Building
Link building remains a cornerstone of SEO services. Using paid ads strategically can enhance your backlink profile.
Target Informational Keywords: Find keywords with high informational intent and run ads to promote content around these terms.
Monitor Performance: Adjust keywords and ad bids to optimize performance and ROI.
Example: A tech startup in Melbourne could run Google Ads for a blog post on “Top SEO tools in 2024” to attract backlinks.
Steal Featured Snippets
SEO services in a web design agency use featured snippets, appearing at the top of SERPs and providing an excellent opportunity to increase visibility.
Identify Snippet Opportunities: Use tools to find keywords where your competitors have featured snippets.
Format Content for Snippets: Structure your content in a way that answers questions directly and concisely.
Example: An accounting firm in Melbourne could target snippets for queries like “How to file taxes in Melbourne.”
Conduct A/B Testing
A/B testing concerns the aspects of the content that are most effective from the two, so it becomes effective in SEO and user engagement.
Test Various Elements: Try using different headlines for the article, images used in the article, and the call to action section.
Measure Impact: Monitor traffic and click-through ratios, conversion rates, and even bounce rates.
If you need more precise insights into your website performance, it is best to consider an SEO web design agency.
Final Words
Advanced SEO services describe how you can dramatically increase your online presence, the usability of your website, and traffic. It is crucial to note that achieving SEO success means constant vigil and adaptation to the changes in the SEO environment as you employ the mentioned strategies.
SEO is an important aspect that most businesses, especially online-based ones, need to consider. Get in touch with a web design agency now to learn how we can take your business to the next level with expert SEO services.
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Solar Inverter Market Developments Compact and Lightweight Designs for Residential Applications
Recent technological advancements have significantly enhanced the efficiency of solar inverters. Modern inverters now achieve higher conversion rates, reducing energy losses during the conversion from DC to AC. This results in higher overall system performance and energy savings. Companies investing in next-generation inverter technologies are leading the market and enabling large-scale deployment of solar energy systems.
Solar Inverter Market Developments: Integration of Smart Features for Improved Control
Smart inverters are emerging as a game-changer in the solar energy market. These inverters are integrated with digital technologies, enabling real-time monitoring and remote management. They can communicate with the grid and other solar energy components, improving overall system optimization and energy distribution. Smart inverter integration enhances user experience and contributes to more efficient solar power management.
Solar Inverter Market Developments: Hybrid Inverters for Energy Storage Solutions
As the demand for energy storage systems grows, hybrid inverters are gaining popularity in the market. Hybrid inverters allow for seamless integration of solar power generation and energy storage, providing a comprehensive energy solution. These inverters enable households and businesses to store excess solar energy for later use, enhancing energy independence and reducing reliance on the grid.
Solar Inverter Market Developments: Improved Grid Integration and Stability
The stability and reliability of the grid are crucial for widespread solar adoption. Solar inverter manufacturers are focusing on improving grid integration through advanced grid management capabilities. Inverters that can efficiently interact with the grid, monitor voltage fluctuations, and provide feedback to grid operators are contributing to more stable energy systems. This development ensures smoother integration of renewable energy into existing infrastructure.
Solar Inverter Market Developments: Focus on Compact and Lightweight Designs
Recent market trends highlight the growing demand for compact and lightweight solar inverters, particularly for residential and small-scale applications. These inverters are easier to install and maintain while offering excellent performance. The trend toward more portable inverter designs is expected to drive growth in the residential solar sector, as consumers prefer solutions that save space and are aesthetically pleasing.
Solar Inverter Market Developments: Improved Durability and Performance in Harsh Environments
Solar inverters are becoming more resilient, with manufacturers focusing on making inverters durable in extreme weather conditions and harsh environments. Innovations in weatherproofing, cooling technologies, and durable casing materials have made inverters more reliable and long-lasting. These developments are particularly beneficial for regions with extreme climates or where solar installations are exposed to harsh conditions.
Solar Inverter Market Developments: Cost Reduction and Economies of Scale
Cost reduction remains a priority in the solar inverter market. Manufacturers are leveraging economies of scale to lower production costs while maintaining high-quality standards. As the cost of inverters continues to decrease, more households and businesses can afford solar power systems. Cost-effective solutions are driving the mass adoption of solar energy, benefiting both consumers and the environment.
Solar Inverter Market Developments: Support for Electric Vehicle (EV) Charging
With the increasing adoption of electric vehicles (EVs), the need for EV charging stations is rising. Solar inverters are playing a pivotal role in supporting EV charging infrastructure by powering stations with solar energy. Bi-directional inverters, which enable the flow of electricity in both directions, are becoming more common in EV charging stations, offering energy flexibility and optimizing energy usage.
Solar Inverter Market Developments: Advances in String and Microinverters
Both string inverters and microinverters have seen significant developments in recent years. String inverters are improving in efficiency and reliability, making them ideal for commercial-scale installations. Microinverters, on the other hand, offer greater flexibility for residential applications, as each solar panel operates independently. These advancements in inverter types are expanding the versatility of solar power systems across different sectors.
Solar Inverter Market Developments: Integration with Smart Grid Technologies
The integration of solar inverters with smart grid technologies is one of the most promising developments in the solar inverter market. Smart inverters can communicate with the grid, respond to load demands, and support grid stability. This integration plays a key role in the future of renewable energy, helping to balance supply and demand while ensuring reliable energy distribution.
Conclusion:
The solar inverter market continues to evolve with advancements that drive both efficiency and affordability. From enhanced smart features and hybrid inverter solutions to greater grid compatibility and cost reductions, these developments are shaping the future of solar energy. As technological innovations continue to emerge, the solar inverter market is poised for significant growth, contributing to the global transition towards renewable energy and sustainability.
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[ad_1] DENSO, a leading global mobility supplier, is excited to announce its participation in the Bharat Mobility Global Expo 2025, taking place from January 17th to 22nd, 2025, at Bharat Mandapam, Pragati Maidan, New Delhi. This platform reflects the growing capabilities and innovations within the Indian automotive sector. DENSO's exhibition is located under the prestigious NASSCOM Pavilion to position itself as a leading Advance Technology provider, at Booth No: H3 B2, Hall 3, 1st Floor, where the company will present its latest Global and India advancements across several key verticals. This premier event, will bring together top players from the mobility value chain, showcasing groundbreaking innovations in technology. With a focus on sustainable mobility, and high-tech automotive solutions, the expo will feature a diverse array of participants and unveilings from major automakers. DENSO aims to be an inspiring company that creates a brighter future for all people through its commitment to being “Green” and creating “Peace of Mind,” highlighting its commitment to promote environmental sustainability and to reduce traffic fatalities, through its latest technologies and solutions tailored for the evolving Indian automotive landscape. DENSO is featuring the Theme: “Pioneering Next-generation cutting-edge technologies” showcasing its Innovation across Semiconductors to explore the potential of Silicon carbide (Si & SiC), groundbreaking Electrification technologies, Advanced Driver Assistance Systems (ADAS) Technology to enhance traffic safety of driver, passenger and pedestrian. DENSO’s “Solwer” brand presents a Solutions provider harnessing data-driven technology powered by AI and ML to drive social innovation and expand to a mobility-centered society. DENSO booth with innovative technology at Bharat Mobility Global Expo 2025 Visit our Special Webpage: NextGen Mobility | What we do | DENSO India Website Semiconductors - Si & SiC Wafer DENSO will explore the potential of silicon carbide (SiC) power semiconductors in today's increasingly smart society. SiC technology offers superior efficiency and performance compared to traditional silicon-based devices. Electrification Technology DENSO is committed to enhancing EV performance through SiC-based Inverters designed to improve power conversion efficiency and reduce energy losses in electric drivetrains. DENSO’s Heat pump technology achieves the EV goals of eco-friendliness & comfort. Advanced Driver Assistance Systems (ADAS) Technology DENSO aims to prevent accidents and enhance safety across society with its innovative ADAS technologies. Key features include GSP3 Global Safety Package, to assist drivers and prevent collisions. MW (Millimeter Wave) Radar & Vision Sensors provide real-time data for vehicle surroundings, enabling features such as adaptive cruise control and automatic emergency braking. Market Solutions: “Solwer” Brand for Social Innovation DENSO's "Solwer" brand focuses on harnessing data-driven technology powered by AI (Artificial Intelligence) and ML (Machine Learning) to drive social innovation. This includes platforms like ‘KAIZENioT’ for factory productivity optimization. ‘Vehicle Digital Inspection,’ using image recognition and ML for automated vehicle valuation, ‘Transport & Warehouse Management,’ designed to optimize logistics cost through efficient resource allocation, route planning, and inventory management, ‘Mobility Aftermarket SuperApp,’ a marketplace connecting car owners with service providers like repair shops, car dealers and car washes, ‘Carbon Footprint Management,’ that helps organizations measure, track, and reduce greenhouse gas emissions while achieving sustainability goals. On the participation at Bharat Mobility Global Expo 2025, Mr. Yasuhiro Iida, CEO of DENSO India Region, remarked, "With our participation in the Bharat Mobility Global Expo
2025, we reaffirm our commitment to driving innovation that enhances safety and sustainability in the mobility sector. Our advanced technologies are not just about keeping pace with the evolving automotive landscape; they are designed to lead the way toward a future where mobility is both efficient and environmentally responsible. With our expertise in electrification, advanced driver assistance systems, and data-driven solutions, we can contribute significantly to creating safer roads and reducing carbon footprints. This expo provides an invaluable platform for us to connect with industry stakeholders and showcase how DENSO’s innovations can meet the current and future needs of society, fostering collaborations to accelerate Innovations." With over 75 years global experience - Proud inventor of QR Code technology revolutionized digital transformation and four decades of experience in India since its establishment in 1984 having various India first Technology accolades, DENSO continues to lead the charge in automotive innovation through its extensive manufacturing units and R&D centers tailored to meet local market needs. About DENSO Globally headquartered in Kariya, Japan, DENSO is a US$47.2 billion leading mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in around 200 facilities worldwide to provide opportunities for rewarding careers and to produce cutting-edge electrification, powertrain, thermal and mobility electronics products, among others, that change how the world moves. In developing such solutions, the company’s 160,000 global employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. DENSO spent around 10.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2024. For more information about DENSO’s operations worldwide, visit www.denso.com/global !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '311356416665414'); fbq('track', 'PageView'); [ad_2] Source link
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[ad_1] DENSO, a leading global mobility supplier, is excited to announce its participation in the Bharat Mobility Global Expo 2025, taking place from January 17th to 22nd, 2025, at Bharat Mandapam, Pragati Maidan, New Delhi. This platform reflects the growing capabilities and innovations within the Indian automotive sector. DENSO's exhibition is located under the prestigious NASSCOM Pavilion to position itself as a leading Advance Technology provider, at Booth No: H3 B2, Hall 3, 1st Floor, where the company will present its latest Global and India advancements across several key verticals. This premier event, will bring together top players from the mobility value chain, showcasing groundbreaking innovations in technology. With a focus on sustainable mobility, and high-tech automotive solutions, the expo will feature a diverse array of participants and unveilings from major automakers. DENSO aims to be an inspiring company that creates a brighter future for all people through its commitment to being “Green” and creating “Peace of Mind,” highlighting its commitment to promote environmental sustainability and to reduce traffic fatalities, through its latest technologies and solutions tailored for the evolving Indian automotive landscape. DENSO is featuring the Theme: “Pioneering Next-generation cutting-edge technologies” showcasing its Innovation across Semiconductors to explore the potential of Silicon carbide (Si & SiC), groundbreaking Electrification technologies, Advanced Driver Assistance Systems (ADAS) Technology to enhance traffic safety of driver, passenger and pedestrian. DENSO’s “Solwer” brand presents a Solutions provider harnessing data-driven technology powered by AI and ML to drive social innovation and expand to a mobility-centered society. DENSO booth with innovative technology at Bharat Mobility Global Expo 2025 Visit our Special Webpage: NextGen Mobility | What we do | DENSO India Website Semiconductors - Si & SiC Wafer DENSO will explore the potential of silicon carbide (SiC) power semiconductors in today's increasingly smart society. SiC technology offers superior efficiency and performance compared to traditional silicon-based devices. Electrification Technology DENSO is committed to enhancing EV performance through SiC-based Inverters designed to improve power conversion efficiency and reduce energy losses in electric drivetrains. DENSO’s Heat pump technology achieves the EV goals of eco-friendliness & comfort. Advanced Driver Assistance Systems (ADAS) Technology DENSO aims to prevent accidents and enhance safety across society with its innovative ADAS technologies. Key features include GSP3 Global Safety Package, to assist drivers and prevent collisions. MW (Millimeter Wave) Radar & Vision Sensors provide real-time data for vehicle surroundings, enabling features such as adaptive cruise control and automatic emergency braking. Market Solutions: “Solwer” Brand for Social Innovation DENSO's "Solwer" brand focuses on harnessing data-driven technology powered by AI (Artificial Intelligence) and ML (Machine Learning) to drive social innovation. This includes platforms like ‘KAIZENioT’ for factory productivity optimization. ‘Vehicle Digital Inspection,’ using image recognition and ML for automated vehicle valuation, ‘Transport & Warehouse Management,’ designed to optimize logistics cost through efficient resource allocation, route planning, and inventory management, ‘Mobility Aftermarket SuperApp,’ a marketplace connecting car owners with service providers like repair shops, car dealers and car washes, ‘Carbon Footprint Management,’ that helps organizations measure, track, and reduce greenhouse gas emissions while achieving sustainability goals. On the participation at Bharat Mobility Global Expo 2025, Mr. Yasuhiro Iida, CEO of DENSO India Region, remarked, "With our participation in the Bharat Mobility Global Expo
2025, we reaffirm our commitment to driving innovation that enhances safety and sustainability in the mobility sector. Our advanced technologies are not just about keeping pace with the evolving automotive landscape; they are designed to lead the way toward a future where mobility is both efficient and environmentally responsible. With our expertise in electrification, advanced driver assistance systems, and data-driven solutions, we can contribute significantly to creating safer roads and reducing carbon footprints. This expo provides an invaluable platform for us to connect with industry stakeholders and showcase how DENSO’s innovations can meet the current and future needs of society, fostering collaborations to accelerate Innovations." With over 75 years global experience - Proud inventor of QR Code technology revolutionized digital transformation and four decades of experience in India since its establishment in 1984 having various India first Technology accolades, DENSO continues to lead the charge in automotive innovation through its extensive manufacturing units and R&D centers tailored to meet local market needs. About DENSO Globally headquartered in Kariya, Japan, DENSO is a US$47.2 billion leading mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in around 200 facilities worldwide to provide opportunities for rewarding careers and to produce cutting-edge electrification, powertrain, thermal and mobility electronics products, among others, that change how the world moves. In developing such solutions, the company’s 160,000 global employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. DENSO spent around 10.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2024. For more information about DENSO’s operations worldwide, visit www.denso.com/global !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '311356416665414'); fbq('track', 'PageView'); [ad_2] Source link
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India's Booming Consumer Electronics Market: Key Drivers and Challenges
The India consumer electronics market size is expected to reach USD 124.94 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.8% from 2023 to 2030. Rising disposable income, rapid urbanization, and the introduction of novel products in the market are expected to further contribute to the market growth.
The demand for flat refrigerators, washing machines, and TVs is rising with a decline in penetration of products vis-à-vis global levels, urbanization, and increasing disposable income of consumers. There has been an increase in imports from regions such as China and South-East Asia, considered to be low-cost regions, owing to certain free-trade agreements and the availability of low-cost products, in relation to costs about local manufacturing. To effectively suffice the rising local demand and export demand to the neighboring regions and the Middle East and Africa, global market participants are planning to expand their local manufacturing in India, thus making it an export hub.
However, presently the Indian manufacturers are facing challenges such as an inverted duty structure due to free trade agreements, which makes Indian manufacturing uncompetitive for white goods, including ACs, refrigerators, and washing machines. The non-applicability of Modified Special Packages Scheme (MSIPS) in several consumer durables; hiked excess duties, under-developed and insufficient local supplier base; and high-cost of manufacturing and capital costs owing to frequently changing energy efficiency requirements also contribute to this scenario.
The drivers contributing to the growth of this market relate to increasing levels of income and urbanization, improved affordability of products, product innovation, the availability of newer variants of products, easy consumer financing, and a rise in the share of organized retail. Increasing local value addition levels and growing investment will observe a manifold jump as an increasing number of OEMs are foreseeing the localization of their products in India.
India Consumer Electronics Market Segmentation
Grand View Research has segmented India consumer electronics market on the basis of product:
India Product Outlook (Revenue, USD Million; 2017 - 2030)
Smartphones
TV
Refrigerators
Washing Machines
Digital Cameras
Air Conditioner
Others
Key Companies & Market Share Insights
The market includes both international and domestic participants. Key market players focus on strategies such as innovation and new product launches to enhance their portfolio offering in the market.
In January 2023, Samsung introduced its latest 2023 Side-by-Side Refrigerator Range, exclusively manufactured in India, and tailored with features designed specifically for the Indian market.
In June 2022, Samsung unveiled its 2022 lineup of refrigerators, featuring the popular Curd Maestro and Digi Touch Cool ranges, both thoughtfully designed with an "India-centric design."
In October 2021, Panasonic Corporation, a leading diversified technology business in India, announced the addition of 43 new refrigerator models and 24 new washing machine models to its home appliance lineup ahead of the festive season.
In January 2021, In India, Toshiba's Home Appliance Business opened its first unique store. The Toshiba Lifestyle Centre, which opened in Bangalore, is expected to provide first-hand experience with Toshiba's home appliance portfolio, which includes refrigerators, washing machines, dishwashers, water purifiers, and air purifiers.
In December 2021, the first-ever Bespoke French Door refrigerator, Bespoke kitchen package, Bespoke JetTM vacuum cleaner, and Bespoke Washer and Dryer were displayed at Samsung's CES 2022 booth.
Key Players of India Consumer Electronics Market
Some prominent players in the India consumer electronics market include:
Samsung Electronics Co., Ltd.
LG Electronics, Inc.
Godrej Appliances
Sony Corporation
Mitsubishi Electric Corporation
Vijay Sales
Panasonic Corporation
Haier Consumer Electronics Group
Bajaj Electricals Ltd.
Hitachi Ltd.
Toshiba Corporation
Whirlpool Corporation
Order a free sample PDF of the India Consumer Electronics Market Intelligence Study, published by Grand View Research.
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Saudi Arabia Smart Grid Market Analysis 2030
Saudi Arabia Smart Grid Market has experienced substantial progress and is expected that the market will expand significantly from its present value of USD 1.16 billion in 2022 and reach USD 1.9 billion by 2030, demonstrating a CAGR of 6.37%. The growth of the smart grid market in Saudi Arabia is driven by several key factors like the government’s active promotion and support for smart grid technologies, modernization of the power infrastructure, rise in installation of smart meters, and enhancement of grid stability. Moreover, the integration of renewable energy sources into the grid requires smart grid solutions to efficiently manage and balance the fluctuating power supply. Furthermore, the need to reduce transmission and distribution losses is another driving factor, as smart grid technologies enable real-time monitoring and optimization to minimize energy wastage.
The installation of smart meters in Saudi Arabia’s smart grid is essential for real-time monitoring of energy consumption, accurate billing, and empowering consumers to make informed decisions. Smart meters enable efficient energy management, and reduction of wastage, and contribute to the overall reliability and sustainability of the grid.
For example, on 15th April 2021, despite the challenges posed by the COVID-19 pandemic, the Saudi Electricity Company SJSC made an announcement regarding the successful installation of 10 million smart meters in its service areas throughout Saudi Arabia. Notably, 4 million of these smart meters were domestically produced, demonstrating Saudi Arabia’s commitment to reducing reliance on imported technology and fostering local job opportunities. Local manufacturing not only equips the population with essential skills for future technological advancements but also enhances the country’s capacity to embrace emerging business opportunities and innovative technologies. As a result, the increasing adoption of smart meters in Saudi Arabia is significantly bolstering the growth of the country’s smart grid market.
Rise in Preference of Smart Grids Over Conventional Grids
The preference for smart grids over conventional grids in Saudi Arabia has significantly increased due to various factors. Smart grids offer improved energy efficiency, reliability, and flexibility, making them ideal for integrating renewable energy sources like solar and wind power. The focus on sustainability and reducing greenhouse gas emissions has further boosted the adoption of smart grids. Additionally, the advanced capabilities of smart grids, such as real-time monitoring, predictive maintenance, and outage management, enhance grid resilience and ensure a reliable electricity supply. The government’s initiatives and investments in smart grid infrastructure development have also played a vital role in driving this shift toward smart grids in Saudi Arabia.
According to the International Journal of Engineering Research and Technology (IJERT), smart grids, unlike conventional grids, incorporate digital technology that facilitates autonomous regulation and remote control. The integration of advanced sensors and actively controlled devices empowers the smart grid system to have precise command over electricity flow, from transmission to distribution stages for consumers. Consequently, the growing preference for smart grids over conventional grids is significantly propelling the market growth of smart grids in Saudi Arabia
Advanced Solar Technologies for Improvisation in Smart Grid Efficacy
The advent of highly advanced solar technologies is revolutionizing the effectiveness of smart grid systems around the world. These cutting-edge solar technologies, including advanced photovoltaic (PV) panels, energy storage systems, and smart inverters, are paving the way for a more efficient and reliable smart grid ecosystem. Moreover, advanced PV panels are designed to capture solar energy with higher efficiency, utilizing innovative materials and designs to enhance power generation. On the other hand, energy storage systems, such as battery energy storage, enable the storage of excess solar energy for later use, thereby improving grid stability and allowing for better integration of intermittent renewable sources.
Smart inverters play a vital role in optimizing the flow of solar energy into the grid, ensuring optimal utilization, and minimizing power losses. The integration of these advanced solar technologies into smart grid infrastructure enables real-time monitoring, control, and optimization of solar energy generation, transmission, and consumption. This results in improved grid reliability, enhanced energy efficiency, and seamless integration of solar power into the overall energy mix, fostering a more sustainable and resilient energy future. Hence, it can be elucidated that advent of highly advanced solar technologies for the improvisation in smart grid efficacy is amplifying the market growth of the smart grids in Saudi Arabia.
Government Regulations
The government of Saudi Arabia has implemented comprehensive regulations to promote the development and deployment of smart grid technologies. These regulations aim to modernize the power infrastructure, improve energy efficiency, and integrate renewable energy sources into the grid. The government has set clear targets and policies to drive the adoption of smart grids, including the promotion of advanced metering infrastructure (AMI) and demand response programs. Additionally, regulations focus on ensuring grid stability, cybersecurity, and interoperability standards. The government’s proactive strategies and supportive regulatory framework have played a crucial role in fostering the growth and implementation of smart grid technologies in Saudi Arabia.
For example, CESI collaborated with the Electricity & Co-generation Regulatory Authority (ECRA) in Saudi Arabia to devise the “Smart Grid Strategy for Saudi Arabia.” This involved analyzing strategic and technical factors, considering the unique challenges of the country’s electricity industry. The joint effort resulted in identifying suitable methods and strategies for implementing smart meters and enhancing the smart grid infrastructure. The main objectives of CESI were to address challenges that a smart grid strategy could tackle, review appropriate smart metering technologies for the Saudi electricity industry, determine the requirements for smart meters and advanced metering infrastructure, develop a smart grid deployment strategy, and provide guidance for an efficient and timely rollout of smart meters. The government’s introduction of the “Smart Grid Strategy for Saudi Arabia” has significantly accelerated the growth of smart grid systems in the country.
Impact of COVID-19
The COVID-19 pandemic has had both direct and indirect impacts on the smart grid sector in Saudi Arabia. Directly, the pandemic has posed operational challenges and disruptions to ongoing projects and maintenance activities. Restrictions on movement, supply chain disruptions, and workforce limitations have slowed down the implementation of smart grid initiatives. However, the crisis has also highlighted the importance of resilient and reliable energy infrastructure, driving the need for smart grid solutions. Indirectly, the pandemic has accelerated the adoption of digital technologies and remote monitoring capabilities, which are integral to smart grid systems. Moreover, the increased reliance on remote work and virtual operations has emphasized the value of advanced communication and automation in ensuring the continuity and efficiency of the electricity grid. As a result, the COVID-19 pandemic has reinforced the significance of smart grid technologies and their role in supporting a more resilient, efficient, and sustainable energy future in Saudi Arabia.
Saudi Arabia Smart Grid Market: Report Scope
Market and Data’s report, titled “Saudi Arabia Smart Grid Market Assessment, Opportunities and Forecast of, 2016-2030F,” provides a thorough evaluation and analysis of the existing condition of Saudi Arabia smart grid market. The study offers in-depth insights into industry dynamics, growth opportunities, and projected forecasts from 2023 to 2030. Additionally, the report extensively investigates major industry participants, highlighting their market strategies, influence, competitive analysis, and other significant aspects for careful consideration.
Click here for full report- https://www.marketsandata.com/industry-reports/saudi-arabia-smart-grid-market
Latest report-
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Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: [email protected] Website: https://www.marketsandata.com
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Yamaha R3 2024 Price In India: Performance, Features, And Latest Updates
The Yamaha R3 2024 has finally arrived, making waves in the Indian market with its unbeatable blend of power, style, and advanced technology. Whether you’re a motorcycle enthusiast or someone looking to upgrade your ride, the Yamaha R3 offers a thrilling experience. In this blog, we delve into the Yamaha R3 2024 price in India, performance specs, features, and the latest updates that make it one of the most sought-after bikes in the market.
Yamaha R3 2024 Price in India
The Yamaha R3 2024 is priced competitively in India, catering to both avid bikers and new riders looking for a performance-driven two-wheeler. The ex-showroom price of the Yamaha R3 2024 starts from approximately ₹4.00 lakhs. However, the yamaha r3 on-road price varies depending on the city, factoring in taxes, insurance, and registration charges. For instance, the Yamaha R3 on-road price in metro cities may range between ₹4.50 lakhs to ₹4.80 lakhs.
Performance That Packs a Punch
At the heart of the Yamaha R3 2024 lies a liquid-cooled, 321cc twin-cylinder engine that churns out an impressive 42 PS of power and 29.6 Nm of torque. With a 6-speed gearbox, this beast offers smooth acceleration and optimal control, making it perfect for both city commutes and long rides on the highways. The lightweight chassis further enhances handling, ensuring a seamless riding experience.
Key Performance Highlights:
Top speed: 180 km/h
0-100 km/h: Just 5.5 seconds
Mileage: Approximately 25-30 km/l (depending on riding conditions)
Features That Set It Apart
The Yamaha R3 2024 isn’t just about raw power; it also has features that enhance safety, comfort, and convenience.
Sophisticated Instrumentation: The fully digital instrument cluster provides vital stats like speed, fuel level, and gear position at a glance.
LED Lighting: Advanced LED headlights and taillights ensure excellent visibility, even in low-light conditions.
Slipper Clutch: Prevents wheel locking during aggressive downshifting, enhancing overall control.
Suspension Setup: The R3’s KYB inverted front forks and mono-shock rear suspension deliver a smooth and stable ride.
Dual-Channel ABS: Ensures safety with precise braking control, especially on slippery roads.
Latest Updates
The Yamaha R3 2024 has undergone some significant upgrades to stay ahead of the competition:
Refined Aerodynamics: The sleek and aggressive design reduces drag, providing a more dynamic riding experience.
Improved Ergonomics: The riding position has been optimized to offer better comfort on long rides.
New Color Variants: The 2024 model comes in striking color schemes, including Metallic Blue and Midnight Black.
Enhanced Engine Tuning: Offers smoother power delivery and better fuel efficiency.
Why the Yamaha R3 2024 Stands Out
The Yamaha R3 2024 is the perfect blend of sporty aesthetics and high-performance engineering. Whether you’re a track enthusiast or a weekend rider, this bike caters to your every need. With its competitive pricing and cutting-edge features, the R3 solidifies its position as a leader in the premium sports bike segment in India.
If you’re eager to experience the thrill of the Yamaha R3 2024, look no further than Shanti Motors. Shanti Motors ensures a hassle-free buying experience. Get in touch today to know more about the Yamaha R3 2024 price in India, on-road pricing, and exclusive offers.
Rev up your journey with the all-new Yamaha R3 2024, available now at Shanti Motors.
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MIC Electronics Limited Embarks on a New Chapter with MICK Digital India Limited
MIC Electronics Limited, a renowned name in innovative electronics and certified under ISO 9001:2008 and ISO 14001:2004, has proudly announced the incorporation of its wholly-owned subsidiary, MICK Digital India Limited. This development marks a significant milestone in MIC's journey of expanding its footprint in cutting-edge technologies and diversified markets.
On November 8, 2024, MICK Digital India Limited was formally established with an initial subscription of 50,000 equity shares at a face value of ₹10 each, amounting to a paid-up capital of ₹5,00,000. This strategic move was disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. MIC Electronics informed the BSE and NSE of this formation, reiterating its commitment to transparency and shareholder value.
MICK Digital India Limited is positioned to make waves in advanced technology domains. With an authorized capital of ₹10,00,000, the company is set to explore the manufacturing and development of smart meters, digital meters, roof-mounted AC package units, integrated power supply systems, and microprocessor-based systems. The subsidiary will also delve into diverse sectors such as renewable energy solutions, battery technology, and electric vehicles, showcasing its versatile approach to innovation.
This wholly-owned subsidiary is a related party of MIC Electronics Limited, with the subscription to its shares being carried out on an arm’s length basis. The parent company's promoters and group entities have no vested interest in the transaction beyond its formal ownership.
MICK Digital India Limited’s objectives span a wide array of industries and technological advancements. Its ambitions include manufacturing and distributing state-of-the-art electronics, stabilizers, inverters, power supplies, and integrated systems. Furthermore, the subsidiary aims to lead in developing software and hardware solutions for industrial, e-commerce, and entertainment applications, positioning itself as a comprehensive player in the information technology and electronics ecosystem.
The establishment of this new entity aligns with MIC Electronics’ vision of contributing to renewable energy solutions and e-mobility. MICK Digital India Limited plans to focus on manufacturing lithium-ion batteries, customized battery packs, and components for electric vehicles, along with exploring advancements in solar and alternative energy systems.
This expansion comes as a strategic step forward for MIC Electronics, enhancing its capacity to innovate while broadening its market reach. With the incorporation of MICK Digital India Limited, MIC Electronics is not only reinforcing its commitment to technological excellence but also setting the stage for a future driven by sustainable and transformative solutions.
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On-Grid Solar PV Market Forecast: Innovations Shaping Market Growth and Demand
The on-grid solar pv global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
On-Grid Solar PV Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The on-grid solar PV market size has grown strongly in recent years. It will grow from $160.26 billion in 2023 to $170.56 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to energy security and independence, electricity demand growth, public awareness and acceptance, environmental awareness and climate change concerns, financial institutions and funding.
The on-grid solar PV market size is expected to see strong growth in the next few years. It will grow to $208.96 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to advancements in energy storage technologies, digitalization and IoT, decentralization of energy systems, hybrid renewable energy systems, electric vehicle (EV) integration. Major trends in the forecast period include increased capacity and scale, innovative materials and design, flexible and transparent financing models, advancements in energy storage technologies, smart grid integration.
Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/on-grid-solar-pv-global-market-report
Scope Of On-Grid Solar PV Market The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
On-Grid Solar PV Market Overview
Market Drivers - The rising demand for renewable energy is expected to propel the growth of the on-grid solar PV market going forward. Renewable energy refers to sustainable and environmentally friendly sources of power, such as solar, wind, hydro, and geothermal, that are naturally replenished. The increasing public awareness towards environmental issues and a growing desire for sustainable living contribute to the demand for on-grid solar PV systems. It plays a significant role in the production of renewable energy by producing power using solar panels and supplying it straight to the grid. This helps in reducing the vulnerability of the grid to centralized disruptions, improving overall grid reliability. For instance, in January 2024, according to the International Energy Agency, a France-based government agency, renewable electricity capacity additions reached an estimated 507 GW in 2023, almost 50% higher than in 2022, with solar PV and wind accounting for a record 96% of it. Therefore, the rising demand for renewable energy is driving the growth of the on-grid solar PV market.
Market Trends - Major companies operating in the on-grid solar PV market are developing innovative products with advanced technologies, such as on-grid PV (photovoltaic) inverters, to drive their revenues in the market. An on-grid PV inverter is an essential part of a solar energy system that transforms a photovoltaic solar array's variable direct current (DC) output into alternating current (AC) electricity that may be supplied straight into the electrical grid. For instance, in June 2022, V-Guard Industries Ltd., an India-based electricals and home appliances manufacturer, launched Solsmart solar rooftop power system, which consists of On-Grid solar power inverters designed for residential and commercial applications. The Solsmart On-Grid Inverter has an efficiency of 98.4%, making it a cost-effective alternative for users aiming to reduce electricity bills. It has integrated DC switches that offer additional safety benefits, ensuring safer installation and operation. The Solsmart On-Grid solar inverter can perform within an ambient temperature range of -25°C and 60°C.
The on-grid solar PV market covered in this report is segmented –
1) By Technology: Monocrystalline Silicon, Thin Film, Polycrystalline Silicon, Other Technologies 2) By Installation: Ground Mounted, Rooftop, Other Installations 3) By Application: Residential, Non-Residential, Utilities
Get an inside scoop of the on-grid solar pv market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=14148&type=smp
Regional Insights - Asia-Pacific was the largest region in the on-grid solar PV market in 2023. The regions covered in the on-grid solar pv market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the on-grid solar PV market are Huawei Technologies Co. Ltd., L&T Electrical & Automation Ltd., Siemens AG, Schneider Electric SE, ABB Ltd., JA SOLAR Technology Co. Ltd., LONGi Green Energy Technology Co. Ltd., Delta Electronics Inc., Trina Solar Limited, JinkoSolar Holding Co. Ltd., Canadian Solar Inc., Omron Corporation, Chint Group Corp., Sungrow Power Supply Co. Ltd., Risen Energy Co. Ltd., SolarEdge Technologies Inc., First Solar Inc., Havells India Ltd., SunPower Corp., SMA Solar Technology AG, GoodWe (Jiangsu) Power Supply Technology Co. Ltd., Enphase Energy Inc., Ginlong (Solis) Technologies, Motech Industries Inc., Indosolar Ltd., Loom Solar Pvt. Ltd., FIMER S.p.A., GCL System Integration Technology Co. Ltd.
Table of Contents 1. Executive Summary 2. On-Grid Solar PV Market Report Structure 3. On-Grid Solar PV Market Trends And Strategies 4. On-Grid Solar PV Market – Macro Economic Scenario 5. On-Grid Solar PV Market Size And Growth ….. 27. On-Grid Solar PV Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Distributed Solar Power Generation Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies
The distributed solar power generation global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Distributed Solar Power Generation Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The distributed solar power generation market size has grown strongly in recent years. It will grow from $109.92 billion in 2023 to $119.36 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to government incentives and policies, environmental awareness, grid resilience and decentralization, reduced installation costs, energy independence.
The distributed solar power generation market size is expected to see rapid growth in the next few years. It will grow to $182.73 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to advancements in energy storage, smart grid integration, rising energy demand, global climate agreements. Major trends in the forecast period include technological advancements, innovative financing models, increased focus on energy equity, digitalization and IoT integration, hybrid renewable energy systems.
Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/distributed-solar-power-generation-global-market-report
The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers - The increasing demand for electricity and consumption is driving the growth of the distributed solar power generation market during the forecast period. Urbanization, industrialization, technological advancements, and changes in lifestyle habits are driving the need for electricity and its consumption. Distributed solar power generation reduces overall electricity demand from the grid by generating power on-site, offsetting the need for grid electricity during sunlight and alleviating strain on utility infrastructure. For instance, in June 2023, according to a report published by the Energy Institute (EI), a UK-based professional membership body for the energy sector, total global electricity generation experienced a 2.3% increase during 2022. Further, primary energy consumption in non-OECD (The Organization for Economic Co-operation and Development) countries surged by 20.5 EJ from pre-COVID levels, largely due to China's growth of 14.6 EJ, accounting for 72% of the rise. Therefore, the increasing demand for electricity is expected to propel the growth of the distributed solar power generation market.
Market Trends - Major companies operating in the distributed solar power generation market focus on developing technologically advanced products such as photovoltaic inverters to enhance efficiency, reliability, and integration capabilities, driving the growth and adoption of solar energy solutions worldwide. These solutions maximize the efficiency and performance of solar photovoltaic (PV) installations by ensuring that the electricity generated by solar panels can be effectively utilized by electrical appliances and fed into the grid. For instance, in November 2023, SOFARSOLAR Co., Ltd., a China-based manufacturer and provider of solar inverters and related equipment for distributed solar power generation, launched the PowerMega (350KTLX0), a 350 kW utility PV inverter explicitly designed to meet the demands of utility-scale projects in India and worldwide. This innovative inverter is meticulously engineered for optimal performance in utility solar applications. With a maximum efficiency of 99.05% even at high temperatures of up to 50 degrees Celsius, the PowerMega sets a new standard in the industry. It boasts ultra-high current integration, simplified installation, and intelligent protection mechanisms. With 8*60 A multiple Maximum Power Point Trackers (MPPTs), it accommodates high-power modules of 500Wp and above, ensuring lower Levelized Cost of Electricity (LCOE) and maximizing yields for end-users.
The distributed solar power generation market covered in this report is segmented –
1) By Technology: Concentrated Solar Power Systems, Photovoltaic Systems 2) By Solar Module: Polycrystalline, Amorphous Silicon Cells, Cadmium Telluride, Monocrystalline, Other Solar Modules 3) By End-User: Industrial, Residential, Commercial, Other End-Users
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Regional Insights - Asia-Pacific was the largest region in the distributed solar power generation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the distributed solar power generation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the distributed solar power generation market are TotalEnergies SE, Huawei Technologies Co. Ltd., Tesla Inc., General Electric Co., Siemens Energy AG, ABB Ltd., NextEra Energy Inc., Sharp Corporation, LONGi Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., JA Solar Holdings Co. Ltd., Canadian Solar Inc., Enel Green Power, Risen Energy Co. Ltd., Daqo New Energy Corp., Hanwha Q Cells Co. Ltd., Schneider Electric SE, SolarEdge Technologies Inc., First Solar Inc., Sunrun Inc., Enphase Energy Inc., Kyocera Corporation, SMA Solar Technology AG, SunPower Corporation, Suntech Power Holdings Co. Ltd., Vivint Solar Inc., Yingli Solar, Sharp Energy Solutions Corporation, SolarCity Corporation
Table of Contents 1. Executive Summary 2. Distributed Solar Power Generation Market Report Structure 3. Distributed Solar Power Generation Market Trends And Strategies 4. Distributed Solar Power Generation Market – Macro Economic Scenario 5. Distributed Solar Power Generation Market Size And Growth ….. 27. Distributed Solar Power Generation Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Industrial Central PV Inverter Market to Grow to $9.8 Billion by 2033, Reflecting a 7.8% CAGR.
Industrial Central PV Inverter Market : Industrial central PV inverters are critical components in utility-scale solar power plants, converting the direct current (DC) generated by solar panels into usable alternating current (AC). These inverters are designed to handle high power outputs, ensuring efficient energy conversion for large installations. Known for their reliability and scalability, central inverters reduce system complexity by centralizing power conversion, making them a preferred choice for massive solar farms. With advancements in grid integration features and digital monitoring, modern central PV inverters are enhancing energy efficiency and enabling smarter, more resilient solar power systems.
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In recent years, the integration of advanced cooling systems and durable materials has extended the lifespan of central PV inverters, reducing maintenance costs and boosting overall plant productivity. Innovations like multi-MPPT (Maximum Power Point Tracking) technology further optimize energy yield by adjusting to varying solar irradiation levels. As the demand for clean, renewable energy grows, industrial central PV inverters will continue to play a pivotal role in scaling solar power adoption and meeting global energy transition goals.
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