#GPS IC Market Analysis

[reportmru]

Gps Ic Market was valued at US$ 1.67 Bn in 2023, and is projected to reach US$ 4.45 Bn by 2031, growing at a CAGR of 11.51% from 2024 to 2031.

[rohanisblog]

Usage-Based Insurance Market Insights: Key Trends and Projections

Astute Analytica, a prominent market research firm, has recently published a comprehensive report that offers an extensive analysis of the global Usage-Based Insurance market. This report goes beyond mere statistics, providing deep insights into various critical aspects such as market segmentation, key players, market valuation, and regional overviews. It serves as a valuable resource for businesses and stakeholders seeking to navigate this evolving industry landscape. 

Market Valuation 

The report includes a thorough evaluation of the market valuation, drawing from historical data, current trends, and future projections. By employing rigorous analytical methods, it effectively captures the growth trajectory of the market. This detailed assessment allows businesses to understand the factors driving growth and make informed decisions regarding investments and strategic initiatives.

The global usage-based insurance market was valued at US$ 56.5 billion in 2023 and is projected to attain market size of US$ 309.5 billion by 2032 at a robust CAGR of 20.85% during the forecast period 2024-2032

A Request of this Sample PDF File@- https://www.astuteanalytica.com/request-sample/usage-based-insurance-market

Comprehensive Market Overview 

Astute Analytica's report provides a holistic overview of the global Usage-Based Insurance market. It encapsulates a wide array of information related to market dynamics, including growth drivers, challenges, and opportunities. Stakeholders can leverage these insights to formulate effective strategies and maintain a competitive edge in the market. 

Key Players in the Market 

The report identifies and profiles the major players who are influencing the global Usage-Based Insurance market. Through meticulous research, it presents a clear view of the competitive landscape, detailing the strategies, market presence, and significant developments of leading companies. This section is vital for stakeholders who wish to understand the positioning and actions of their competitors. 

Key Companies: 

Allianz

AllState Insurance Company

ASSICURAZIONI GENERALI S.P.A.

AXA

Cambridge Mobile Telematics

Liberty Mututal Insurance Cmopany

Metromile Inc.

Nationwide Corp. Group

Progressive Casualty Insurance Company

Root Insurance

Sierra Wireless

State Farm Automobile Mutual Insurance Company

The Hartford

Travelers Group

Verizon

Webfleet Solutions

Other Prominent Players

 For Purchase Enquiry: https://www.astuteanalytica.com/industry-report/usage-based-insurance-market

Segmentation Analysis 

A crucial component of the report is the segmentation analysis, which delves into various market segments based on industry verticals, applications, and geographic regions. This detailed examination provides stakeholders with a nuanced understanding of market dynamics, enabling them to identify opportunities for growth and areas for investment. 

Market Segmentation: 

By Telematics Solutions

On-board Diagnotics (OBD-II)

Smartphones

GPS Device

Embedded System

Black Box

Others

By Package Type

Pay-as-you-Drive (PAYD)

Pay-how-you-Drive (PHYD)

Pay-as-You-Go

Distance-based Insurance

By Distribution Channel

Direct

Agency

Bank

Brokers & Insurance Marketplaces

By Vehicle Type

ICE Vehicles

Petrol

Diesel

Others

Electric Vehicles

Battery Electric Vehicle (BEV)

Plug-in Hybrid Vehicle (PHEV)

Fuel-cell Electric Vehicle (FCEV)

Hybrid

By Vehicle Application

Personal

2-Wheelers

4-Wheelers

Commercial

Passenger

Heavy Vehicles

Off-road Vehicles

By Vehicle Ownership

New Vehicles

Used Vehicles

By Region

North America

The U.S.

Canada

Mexico

Europe

Western Europe

The UK

Germany

France

Italy

Spain

Rest of Western Europe

Eastern Europe

Poland

Russia

Rest of Eastern Europe

Asia Pacific

China

India

Japan

South Korea

Australia & New Zealand

ASEAN

Rest of Asia Pacific

Middle East & Africa

UAE

Saudi Arabia

South Africa

Rest of MEA

South America

Argentina

Brazil

Rest of South America

 Research Methodology 

Astute Analytica is recognized for its rigorous research methodology and dedication to delivering actionable insights. The firm has rapidly established a solid reputation by providing tangible outcomes to clients. The report is built on a foundation of both primary and secondary research, offering a granular perspective on market demand and business environments across various segments. 

Beneficiaries of the Report 

The insights presented in this report are invaluable for a range of stakeholders, including: 

Industry Value Chain Participants: Those directly or indirectly involved in the Usage-Based Insurance market need to stay informed about leading competitors and current market trends. 

Analysts and Suppliers: Individuals seeking up-to-date insights into this dynamic market will find the report particularly beneficial. 

Competitors: Companies looking to benchmark their performance and assess their market positions can leverage the data and analysis provided in this research. 

Astute Analytica's report on the global Usage-Based Insurance market is an essential resource that empowers stakeholders with the knowledge needed to navigate and thrive in this competitive landscape. 

Download Sample PDF Report@- https://www.astuteanalytica.com/request-sample/usage-based-insurance-market

About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

Get in touch with us

Phone number: +18884296757

Email: sales@astuteanalytica.com

Visit our website: https://www.astuteanalytica.com/

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How the McClellan Summation Index and Bearish Pennants Uncover Market The McClellan Summation Index & Bearish Pennants: Advanced Forex Insights with a Twist Why You Need to Know This Ever feel like your trades are like juggling chainsaws—thrilling but risky? The McClellan Summation Index (MSI) and bearish pennants are two tools that can help you identify market trends and avoid costly mistakes. Combining these tools is like having a GPS for market movements, minus the annoying "recalculating" voice. McClellan Summation Index: The Unsung Hero of Market Breadth Picture this: the MSI is like a market thermometer, giving you a pulse on the health of a trading environment. It aggregates data from the McClellan Oscillator, helping traders see beyond surface-level price action. Think of it as reading between the lines of the market’s diary. Key Insights: - Trend Confirmation: When MSI is rising, it signals strong bullish momentum; a falling MSI indicates bearish dominance. - Divergence Clues: Spotting divergences between price movement and MSI can be a game-changer—it's like finding a cheat code in a video game. - Cautionary Tales: Beware of overbought or oversold extremes; they’re like trading on thin ice. Quick Humor Break: Ever felt the market is gaslighting you? MSI can save you from those "Am I crazy, or is the market?" moments. Bearish Pennants: The Subtle Signal You Can't Ignore Imagine a bear waving a red flag in a crowded room—that's the bearish pennant. This chart pattern indicates a continuation of downward trends, often following a sharp price drop (also known as the flagpole). How to Spot It: - Flagpole Formation: Look for a steep decline preceding the pennant pattern. - Consolidation Zone: Prices consolidate into a small symmetrical triangle. - Breakout Alert: A breakout below the consolidation zone confirms the bearish continuation. Elite Tips: - Use volume analysis to validate the breakout. Low volume during consolidation and high volume during breakout = chef’s kiss. - Combine with RSI or MSI for double confirmation, like checking both the weather app and looking outside. Mastering the Pair: MSI & Bearish Pennants in Action Here’s where the magic happens. Combining MSI with bearish pennants gives you a holistic view of the market. When MSI trends down and a bearish pennant forms, it’s like seeing storm clouds before a thunderstorm—time to grab an umbrella. Step-by-Step Strategy: - Identify the MSI Trend: Is it trending downward? Good, you’re halfway there. - Spot the Pennant: Locate the bearish pennant on your chart. - Validate with Volume: Low consolidation volume and high breakout volume seal the deal. - Plan Your Entry: Enter short positions post-breakout and set tight stop-loss levels. - Monitor & Adapt: Use trailing stops and stay updated with market news. Real-World Example: Bearish Pennant Meets McClellan Summation Index In late 2023, EUR/USD showed classic signs of a bearish pennant. The MSI corroborated this, trending sharply downward. Traders who shorted after the breakout pocketed significant gains. Data doesn’t lie, and neither does a well-executed strategy. Avoiding Common Pitfalls - Ignoring Context: Don’t rely solely on patterns; integrate broader market analysis. - Overtrading: Seeing pennants everywhere? Step back—confirmation is key. - Neglecting Risk Management: Always use stop-loss levels; the market doesn’t owe you anything. Quick Recap - MSI offers a panoramic view of market health, while bearish pennants pinpoint potential downward continuations. - Use these tools together for a one-two punch of insight. - Stay disciplined, and don’t let market emotions cloud your judgment. Trading isn’t just about predicting markets; it’s about managing risk and capitalizing on high-probability setups. The MSI and bearish pennants might just become your new best friends. —————– Image Credits: Cover image at the top is AI-generated Read the full article

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Consumer Telematics Systems Market - Forecast (2024 - 2030)

Global Consumer Telematics Systems Market Size is forecast to reach $ 354054.3 Million by 2030, at a CAGR of 26.5% during forecast period 2024-2030. Passenger vehicles is having the highest market share in the year 2017 and is followed by commercial vehicles. They are valued $7.4 billion and $5.7 billion in the year 2017 and is expected to grow with a CAGR of 26.5% and 28.02% during 2024 to 2030.

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What is Consumer Telematics Market?

Telematics is a device used to transfer large amount of information from one vehicle to infrastructure of other vehicle. Telematics monitor the vehicle by GPS system which records and map the exact location of the vehicle which also gives the information on how fast the vehicle is travelling. Telematics can also help in providing information about the vehicle management like maintenance schedule, fuel monitoring and seat belt monitoring. Consumer telematics is segmented based on the fleet management system improve driver safety and increase the efficiency by providing the road delays which helps the drivers to reroute and save the drivers time and deliver the goods in time which will also increase the job satisfaction by having more control over the daily routes by which the operating costs is going to reduce. The sensors deliver an alert message to the driver if there is a problem in the engine and other diagnostic issues.

What are the major applications for Consumer Telematics Market?

The end users of consumer telematics market are education, health care, media and entertainment. Telematics in healthcare connects the systems to doctors, pharmacies, hospitals and health insurers with each other.

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Market Research and Market Trends of Consumer Telematics Market:

Fleet management is evolving its benefits from advancements in technology. The next addition in fleet management is including the over-the-air (OTA) security and control the vehicle which is known as drones.

To Increase the safety and security in the truck many countries have mandated the eCall regulation which aims to deploy a device in the vehicle that will automatically dial the security number if there is any road accidents and coordinate with the local emergency agencies. This eCall is going to reduce the emergency response time by 40% in urban areas and 50% in rural areas. 

The large mirrors of the trucks are been replaced by a system of cameras and digital displays which is going to improve the driver safety. This system features multiple individually wired cameras that protect from malfunction. The images appear on digital displays mounted on the interior pillars on either side of the windshield and the in the center of the where a rearview mirror typically is located as well as on the dashboard. The camera lenses are heated to protect from ice and frost. They also have a special coating that resists moisture.

The new launch of voice assistant which enables the users to control the vehicle temperature and also analyze the driver needs based on route and behavior to automatically operate the music and the navigation in the vehicle.  

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Who are the Major Players in Consumer Telematics market?

The companies referred in the market research report includes Astrata Group, Bayerische Motoren Werke AG, Ford Motors, General Motors Company, Harman Infotainment, Toyota Motor Corporation, Bosch Automotive, Alpine Electronics Co, Continental Automotive and more than 10 other companies.

What is our report scope?

The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.

All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Buy Now

Key Takeaways from this Report

Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.

Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

Analyze the sales and distribution channels across key geographies to improve top-line revenues.

Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes. 

Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years. 

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market. 

Key Market Players:

The Top 5 companies in the Consumer Telematics Systems Market are:

Astrata Group

Geotab Inc. 

Verizon Communications Inc

Fleet Complete

Samsara

[gqresearch24]

Ice Cream Truck Market is Dazzling Worldwide and Forecast to 2031 |GQ Research

The Ice Cream Truck market is set to witness remarkable growth, as indicated by recent market analysis conducted by GQ Research. In 2023, the global Ice Cream Truck market showcased a significant presence, boasting a valuation of US$ 3.8 billion. This underscores the substantial demand for Ice Cream Truck technology and its widespread adoption across various industries.

Get Sample of this Report at: https://gqresearch.com/request-sample/global-ice-cream-truck-market/

 Projected Growth: Projections suggest that the Ice Cream Truck market will continue its upward trajectory, with a projected value of US$ 5.2 billion by 2031. This growth is expected to be driven by technological advancements, increasing consumer demand, and expanding application areas.

Compound Annual Growth Rate (CAGR): The forecast period anticipates a Compound Annual Growth Rate (CAGR) of 7.4%, reflecting a steady and robust growth rate for the Ice Cream Truck market over the coming years.

Technology Adoption

The ice cream truck market is increasingly embracing technology to enhance efficiency, customer engagement, and product offerings. Mobile point-of-sale systems, GPS tracking for real-time location updates, and social media integration are common technological advancements being adopted. Additionally, some trucks are experimenting with mobile apps for pre-orders and contactless payments, streamlining operations and improving customer convenience.

Application Diversity

Ice cream trucks are expanding their services beyond traditional offerings. Many trucks now offer a diverse range of products including gourmet ice creams, dairy-free and vegan options, and even other snacks and beverages. This diversification helps cater to a wider audience and meet various dietary preferences and trends. Some trucks are also being utilized for special events, corporate functions, and private parties, adding new revenue streams.

Consumer Preferences

Consumer preferences in the ice cream truck market are shifting towards healthier options and unique flavors. There is a growing demand for organic, low-sugar, and allergy-friendly products. Additionally, consumers are increasingly seeking out artisanal and locally-sourced ingredients. Nostalgia also plays a significant role, with many customers drawn to classic ice cream treats that remind them of their childhood.

Technological Advancements

Technological advancements are playing a crucial role in modernizing the ice cream truck market. Innovations such as energy-efficient refrigeration systems, eco-friendly packaging, and electric or hybrid-powered vehicles are becoming more prevalent. These advancements not only reduce operational costs but also appeal to environmentally-conscious consumers. Furthermore, advancements in food science are allowing for the creation of new textures and flavors, enhancing the overall product experience.

Market Competition

The ice cream truck market is experiencing increased competition from brick-and-mortar ice cream shops, grocery store products, and other mobile food vendors. To stay competitive, ice cream trucks are focusing on unique selling propositions such as exclusive flavors, high-quality ingredients, and superior customer service. Strategic partnerships and collaborations with local businesses and event organizers also help trucks to secure prime locations and attract more customers.

Environmental Considerations

Environmental considerations are becoming increasingly important in the ice cream truck market. Operators are adopting sustainable practices such as using biodegradable utensils and packaging, reducing food waste, and sourcing ingredients locally to minimize their carbon footprint. Additionally, there is a growing trend towards using electric or hybrid vehicles to reduce emissions. These efforts not only help protect the environment but also resonate with eco-conscious consumers, potentially boosting brand loyalty and customer satisfaction.

Regional Dynamics: Different regions may exhibit varying growth rates and adoption patterns influenced by factors such as consumer preferences, technological infrastructure and regulatory frameworks.

Key players in the industry include:

Mister Softee

Good Humor

Ben & Jerry’s

Häagen-Dazs

Walls

Magnum

Blue Bunny

Dairy Queen

Baskin-Robbins

Nestlé.

The research report provides a comprehensive analysis of the Ice Cream Truck market, offering insights into current trends, market dynamics and future prospects. It explores key factors driving growth, challenges faced by the industry, and potential opportunities for market players.

For more information and to access a complimentary sample report, visit Link to Sample Report: https://gqresearch.com/request-sample/global-ice-cream-truck-market/

About GQ Research:

GQ Research is a company that is creating cutting edge, futuristic and informative reports in many different areas. Some of the most common areas where we generate reports are industry reports, country reports, company reports and everything in between.

Contact:

Jessica Joyal

+1 (614) 602 2897 | +919284395731

Website - https://gqresearch.com/

[industryarcreport]

Printed Circuit Board Market ,Size, Market Statistics and Future Forecasts to 2030

Printed Circuit Board Market Overview

The Printed Circuit Board Market forecast to reach $72.3 billion by 2026, growing at a CAGR of 5.3% from 2021 to 2026. Printed Circuit Board (PCBs) are the foundational building block of most modern electronic devices. PCBs consist of printed pathways which connect different components on the PCB such as transistors, resistors, Programmable Logic Controller (PLCs), Electrolytic capacitors and integrated circuits. The PCB is used in several automotive applications such as power relays, antilock brake systems, digital displays, audio systems, engine timing systems, battery control systems and many more functions. Printed circuit boards are used in many ways in the automotive industry and have changed the way that people drive. The need for PCBs is increasing as vehicle owners and drivers demand more accessories in vehicles. A printed circuit board used in car or truck must be highly reliable and long-lasting.

For More Report Info Click Here : https://www.industryarc.com/Report/110/Printed-Circuit-Board-Market-Analysis-andForecast.html?utm_source=SBM&utm_medium=Social&utm_campaign=NehaM

Report Coverage

The report: “Printed Circuit Board Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Printed Circuit Board Market.

By Type – Double-Sided PCB, Multi-Layer PCB, Single-Sided PCB.

By Board Type – Rigid 1-2 Sided, Flex, Rigid Flex, IC Substrate, Standard Multilayer, HDI/Microvia/Buildup.

By Components – Capacitors, Diodes, Integrated Circuits, Resistors and Others.

By Laminate Type – Paper, FR-4, CEM, Polymide and Others.

By End Use Industry – Automotive, Healthcare, Industrial Electronics, Aerospace and Defense, Consumer Electronics Maritime Transport and Others.

By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands and Others), APAC(China, Japan India, SK, Australia, Indonesia, Malaysia and Others), South America(Brazil, Argentina, Chile, Colombia and others), and RoW (Middle East and Africa).

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Key Takeaways

The demand for PCBs is high in the forecast period due to growing demand for hybrid electric vehicles (HEV) and Battery electric Vehicles (BEV)

Printed circuit boards are used in several automotive applications like anti-lock brake systems, safety and security features, ECU systems, control engines and GPS navigation systems.

PCBs can be programmed to perform system essential commands irrespective of their sizes.

Asia-Pacific is projected to dominate the market share in the forecast period. Due to economies like China, Japan, South Korea and Taiwan which is witnessing a high surge in automotive production due to availability of low labour and logistical costs.

Printed Circuit Board Market Segment Analysis - By Type

There are three types of printed circuit boards they are single-sided, double-sided and multi-layer PCBs. Multi Layer PCB is projected to grow at the fastest rate from 2021-2026 at 7.2% CAGR. Each type of PCB has various price points and uses and they are widely used in automotive applications. Single-sided PCB is something which comes with only one layer of conducting material on one side of the board and other side is used for incorporating different electronic components such as integrated circuits, programmable logic controllers, electrolytic capacitors and resistors on the board. Double-sided surface mount PCBs are same as single-sided PCBs but the difference is they have two sided traces with top and bottom layer. Multi-layer PCB’s can support a high level of circuit complexity as they are made up of three or more copper layers laminated together.

Printed Circuit Board Market Segment Analysis - By End Use Industry

The various end users assessed include automotive, healthcare, industrial electronics, consumer electronics, maritime transport, aerospace & defense and others. PCB in healthcare is used in various devices which monitor health of a person or assist the doctor in surgical operations. On the other hand PCB in pharmaceutical industry used in manufacturing drugs and other medicines at industry level. PCBA stands for printed circuit board assemblies and they are widely used in the automobile industry. PCB’s have managed to bring a change in the way people drive through increasing complexity of components such as Integrated circuits, programmable logic controllers, electrolytic capacitor and resistors. GPS navigation system, anti-lock brake system, ECU systems that control engines and several safety and security features that all require PCB’s. Aerospace and defense sectors are one of the key consumers of PCB with major application avionics, communication systems, and weapon systems. PCB forms the necessary foundation for packaging and interconnecting in any electronic circuits. PCBs are used in radar signals which set up in military fighter aircraft such as collision avoidance, blind spot detection and adaptive and adaptive cruise control system. Printed circuit boards are commonly used in vehicles these days in passenger cars and commercial vehicles. Passenger Vehicles dominate the automotive market in 2020. The main function of the PCB is to provide mechanical support and electric connection to different components of the vehicle. One of the most common uses of printed circuit boards for vehicles deals with deployment of airbags which is necessary to prioritize safety. The circuit board is incorporated in the airbag deployment rate sensor which helps in dissipating static electricity and triggering the bag when needed. Likewise it is used in in-vehicle infotainment, GPS systems, and power converters and others.

Printed Circuit Board Market Segment Analysis – By Geography

Asia-Pacific is projected to dominate the market share in the forecast period with 45% share in 2020. Economies like China, Japan, South Korea and Taiwan are witnessing a high surge in automotive production as well as across manufacturing sector due to the availability of low labor and logistical costs. Due to enhanced production capacities and the rise of digitalization together driving the PCB in this region. Additionally, China and India are expected to grow much faster due frequent activities in construction, transportation and industrialization contributing to the market growth.

Printed Circuit Board Market Drivers

Growing electric vehicles sales driving the market growth

The demand for electric vehicles is higher in the coming years than petrol and diesel vehicles. Unlike vehicle fuel types, battery electric vehicles have more demand due to increasing concern towards global emissions from vehicles as well as government initiatives to increase the sales of electric vehicles. As the move to electrically powered cars takes place the PCBs will play an important role in production and running of cars, buses and other electrically powered vehicles. Additionally increasing sales of electric vehicles as well as adoption of advanced driver assistance system technology in them are likely to drive the demand for PCB market.

[reportsandmarkets]

United States GPS IC Market Report 2018

United States GPS IC Market Report 2018

United States  GPS IC Market provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The GPS IC Market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.   For Sample report @…

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GPS IC Market Comparison by Application (2012-2022)

Global Positioning System (GPS) technology has advanced its applications across several industries over the globe; the new applications ranges are coming up due to its substantial advantages. Few applications are simple, such as determining a location, whereas some are complex blends of GPS with communications and other technologies. The fast growth in GPS commercial applications has been witnessed by the firms building GPS satellites and equipment’s over the past few years. In future, the GPS market is anticipated to flourish with new technological advancements. One of the key factors contributing to growth of global market for GPS IC is the increased use of GPS ICs in smartphones. Global GPS IC market has also been observing the advancement of multifunctional GPS ICs. Though, the absence of accuracy in GPS data could encounter challenge to the growth of GPS IC market.

View Full Report with TOC @ https://www.millioninsights.com/industry-reports/global-positioning-system-gps-ic-market

GPS offers benefit such as wireless connectivity and low power consumption, which is also anticipated to drive market demand over the forecast period. However, factors such as its high cost of operation may hinder its market growth. Technical glitches such as satellite orbit shift and clock inaccuracy also pose to be a challenge to the GPS market. The rapid growth in the improvement of global positioning system integrated circuits technology is a key trend in the Global GPS IC market. Vendors of the GPS integrated circuits design the ICs by focusing on the requirements end users. Technological improvements in GPS IC are in terms of refining the navigation abilities along with adding extra some features. With technological developments, GPS devices are planned with communications and other technologies such as voice-guided navigation applications, tracking and tracing, location-enabled search, voice-guided in-car navigation, people tracking, and advertising.

The growing demand for GPS ICs in smartphones is one of the foremost growth drivers for the Global GPS IC market. Presently, nearly nine out of ten smartphones are GPS enabled and these devices are anticipated to contribute significantly to the overall revenue of the Global GPS IC market. With implanted mapping services and GPS receivers in smartphones, users are able to obtain text and voice-guided directions, data on points of interest, and real-time position tracking. Moreover, the Global Smartphone market unit shipment is projected to grow considerably over the forecast period, which in turn will assist the growth of GPS IC. Geographically the global market for GPS IC is segmented into North America, Asia Pacific, Middle East and Asia, Europe and Latin America, while the Key regions for this market are North America, Asia Pacific and Europe. Middle East and Africa is still lagging behind in this technology as the adoption rate is less in countries of MEA. Asia Pacific is anticipated to appear as high growth regional market due to rising demand for GPS technology in nations such as India and China. Europe and North America are also anticipated to witness substantial growth over the forecast period.

The key vendors dominating the global market for GPS IC include Qualcomm Inc., Broadcom Corp., Texas Instruments Inc., MediaTek, and CSR Plc., while other predominant players include Maxim Integrated Products Inc., RF Micro Devices, and Analog Devices Inc. Qualcomm is the chief GPS integrated circuit vendor which is followed by Broadcom at second place. After a long time, MediaTekattains a top three position after another year of significant growth and vigorous shipments as a consequence of its targeted design approach. Qualcomm remains the leading player with a strong universal location platform in IZat. This will be important for achievement in maximum number of cellular handsets in future. It is also in a strong position to develop in other GPS IC markets. With the continuous innovation, Broadcom seem to compete aggressively with their competitors, receiving the highest score for this category year over year. In 2014, Broadcom has declared its concurrent tri band BCM 4771 and BCM 47531 IC GNSS System on Chip intended for wearable’s, including a sensor hub. Finally, it has also broadcasted its 5G Wi-Fi System on Chip, which is competent in its new flagship FTM centered AccuLocate technology.

MediaTek has now appeared as a major threat, being third on innovation, following very striking shipments of its combinations of ICs into confined Chinese smartphone vendors. Moreover it is strong on recreational and cameras, with an increasing existence in other markets. MediaTek move towards entirely embedded GPS in 2013 should show significance in fueling market share over the forecast period. Beside this, STMicroelectronics is competing aggressively among competitors with its new Tesco III platform giving it significant flexible design.

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[akshay-s]

Top industries and application areas of Artificial Intelligence in 2019

2019 has been a year of drastic improvements in the field of Artificial Intelligence. It also witnessed a great deal of acceptance from the customers. 41% of the customers believe that AI will improve the quality of life in some way or the other. 33% believe that they are already using artificially intelligent applications or platforms.

This gives organizations a sense of confidence in their products and operations that incorporate Artificial Intelligence at their core. In this section, we highlight the top industries where AI has gained popularity and the top application areas of Artificial Intelligence in each of these industries.

Healthcare

Improvement in the state of healthcare system holds immense importance as it directly reflects on critical aspects such as quality of treatment, life expectancy, etc. Artificial Intelligence is playing a major role in improving diagnostics, minimally invasive surgical procedures, drug development, better patient monitoring, and getting actionable insights into patients’ real-time needs. These are just some of the many applications of AI in healthcare. Mentioned below are some critical application areas of artificial intelligence that are helping save lives.

Enlitic, a California based AI organization that develops ‘deep learning’ based tools to streamline radiology diagnosis. The deep learning platform analyses the unstructured data such as blood tests, radiology images, genomics, EKGs, etc. along with complete patient medical history. It then provides medical practitioners with actionable insights based on this data to understand patients’ real-time needs.

Enlitic has been named the 5th smartest AI company in the world by MIT. It has left behind Facebook and Microsoft in the said ranking.

Named the ‘Most Innovative Healthcare AI Developments of 2019’, BioXcel Therapeutic’s work in AI-based drug development is phenomenal. The company uses AI to identify and develop new medicines in the domain of neuroscience and immuno-oncology. They also work towards finding new applications for existing drugs with the help of AI.

There are many organizations that are working towards improving the diagnosis of cancer detection and successfully working towards improving the rate of cancer detection at earlier stages to reduce cancer-related deaths. Many companies are also working towards finding a cure for cancer in the early stages.

Agriculture

It has been stated that our planet would need 50% more food than being produced today by the year 2050. And once again, AI could be the solution to this challenging task.

PEAT is a Berlin-based start-up that has successfully designed and developed an AI application software for analyzing the nutrient profile of the soil. It can achieve this by merely scanning through the images of the soil, without even physically examining it in any way.

Some of the ways they are helping solve the problems of the agriculture industry are by enabling higher production and reduced operational cost and increasing the efficiency of cultural practices.

Apart from the information regarding the soil profile, the new age IoT-based AI modules assist with applications of climate prediction, crop management practices, fertilizer optimization, and organically nurtured produce.

Finance

Artificial Intelligence has found many applications in the Finance industry. These applications are being widely used across organizations to up their game and grab a larger chunk of market share. Some of the applications lie in credit decisions, managing risk, fraud prevention, quantitative trading, personalized banking, process automation and much more.

ZestFinance has come up with Zest Automated Machine Learning (ZAML). It is an AI-powered underwriting platform that is helping finance companies to assess the credibility of borrowers with little or no credit history. Thousands of data points are used to provide a level of transparency that other underwriting solutions fail to provide. ZAML is an end to end platform which is easily scalable.

Similarly, there are many other start-ups that are coming up with AI solutions to transform the traditional ways prevailing in the industry.

Space and Aeronautics

Artificial Intelligence has paved its way into extraterrestrial exploration and helping space scientists to find hints of life on other planets. It is being considered to send artificial Intelligence bots to other planets to conduct studies on the presence of life, based on the climatic activities and presence of natural resources around.

Another application lies with managing the humongous amount of data that is received from satellites. The significant amount of data gathered by NASA from these satellites is in the form of ocean currents, volcanic activity, ic states, and a bird’s eye view of what is happening on the Earth. The millions of bytes of raw data are organized and processed into data sets which is a tough task given the volume of data. The Advancing Collaborative Connections for Earth System Science (ACCESS) researchers use the latest machine learning and data transmission for different aspects of data management.

Top industries and application areas of Artificial Intelligence in India

India has witnessed substantial growth in the number and size of Artificial Intelligence start-ups. Many small and mid-size companies are flourishing and thriving the very challenging field of AI with their unique and promising solutions.

For many years now, cities like Bengaluru, Pune, Chennai, and Coimbatore among others have spawned many micro-industries. This is the reason behind these startups venturing into industrial AI in India.

Tarun Mishra, co-founder of DeTech Technologies says, “India is known for its software prowess and we have the talent and capabilities in machine learning, computer vision, and deep learning. The next level is building the AI layer on top and India is front-ending this revolution.”

Some of the major industries that are opening up to AI applications are healthcare, Defense, and commercial space. Let us have a look at some of the top companies and research institutes in 2019 that are applying Artificial Intelligence to solve real-world problems.

Healthcare

Niramai: Thermalytix by Niramai is a fusion of sophisticated Machine Learning algorithms to automate the process of analyzing thermal images. It is an AI-powered diagnostic engine with a high-resolution thermal sensing device and a cloud-hosted analytics solution for the analysis of thermal images identified. The SaaS solution helps with early and accurate breast cancer screening.

National eHealth Authority (NeHA) – National eHealth Authority is a government initiative and acts as a regulatory body for setting standards in the healthcare sector. The vision of this organization is to attain high quality and cost-effective health services for all Indians. It is an integrated health information system to promote setting up of state health record repositories and Health Information Exchanges (HIEs). The goal is to set up a data management system, privacy policies, guidelines, and health records of patients. The health records are monitored with the help of AI for the better cure of patients.

Cognitive Science Research Initiative (CSRI) – This initiative uses AI to overcome challenges related to cognitive disorders and related social issues. Some of the tools used are psychological tools, early diagnosis, and better therapies, rehabilitation programs, and intervention technologies all using AI.

Defence

Multi-agent Robotics Framework (MARF): This is an AI-powered multi-layered architecture that provides a plethora of military applications. It will enable collaboration among the various kinds of robots that the Indian military has already built. Some of these are Snake Robot, Legged Robot, Wheeled Robot with Passive Suspension, Wall-climbing Robot, and Robot Sentry among others.

Unmanned Systems for Military Operation: Artificial Intelligence is helping in developing unmanned military operation systems for the different terrain types of the country. Extensive research is being done in locomotion technologies to achieve a breakthrough in this technology.

Commercial Space

Rivigo: It is a true AI-enabled logistics company in the commercial space. They use AI and ML to prevent fuel pilferages using geofencing techniques and geostatistical modeling. They also use the Internet of Many Things (IoMT) sensors to monitor and analyze human behavior and prevent collisions.

Netradyne: Uses AI and deep learning to ensure driver safety with Driver. It is an assistance and monitoring device with Quad HD cameras, GPS, LTE, gyrometer, accelerometer, and most importantly a deep learning processing unit.

Research in AI fields at ISI, Kolkata

The Machine Intelligence Unit (MIU): The machine intelligence unit, abbreviated as MIU carries out research in various aspects of machine intelligence. It takes into account the advanced technologies like artificial neural networks, fuzzy logic, genetic algorithms, fractal and rough sets, etc. to convey the core concepts of machine learning and pattern recognition for industrial applications.

Currently, the department is developing these technologies individually and in an integrated manner. The objective is to solve various problems in image processing, pattern recognition, data mining, brain modeling, among other applications related to the design of intelligent systems.

The Computer Vision and Pattern Recognition Unit (CVPR): The department is pioneering the development of an Optical Character Recognition system (OCR). The system recognizes the Bangla and Devanagari scripts and performs various functions on these scripts. It performs document tilt correction, word and character segmentation, character recognition, script line, and ultimately error correction. The system functions at 98% accuracy which is outstanding.

If you wish to pursue a career in Artificial Intelligence in the year 2020, upskill with Great Learning’s PG program in Artificial Intelligence and Machine Learning. For more updates, head to our blog page.

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Automotive PCB Market - Forecast(2022 - 2027)

Automotive PCB Market Overview

The automotive PCB market size is forecast to reach $11.9 billion by 2026, growing at a CAGR of 5.3% from 2021 to 2026. Printed circuit boards (PCBs) are the foundational building block of most modern electronic devices. PCBs consist of printed pathways which connect different components on the PCB such as transistors, resistors and integrated circuits. PCB is used in several automotive applications such as power relays, in vehicle informational, antilock brake systems, digital displays, audio systems, engine timing systems, battery control systems and many more functions.

Printed circuit boards are used in many ways in the automotive industry and have changed the way that people drive. The need for PCBs is increasing as vehicle owners and drivers demand more accessories in vehicles. A printed circuit board which is used in car or truck must be highly reliable and long-lasting. The improving electromagnetic shielding and electronic design automation capabilities will drive the adoption of Multi layer PCBs.

Automotive PCB Market Report Coverage

The report: “Automotive PCB Industry – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the automotive PCB Industry Outlook

By Type – Double-Sided PCB, Multi-Layer PCB, Single-Sided PCB. By Fuel Type – BEV, Hybrid, ICE and Others. By Vehicle Type – Passenger Cars, Commercial Vehicles (LCV, HCV). By Application – ADAS and Basic Safety, In Vehicle Infotainment Components, Powertrain Components and Others. By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands and Others), APAC (China, Japan India, SK, Australia, Indonesia, Malaysia and Others), South America (Brazil, Argentina, Chile, Colombia and others), and RoW (Middle East and Africa).

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Key Takeaways

The demand for automotive PCBs is high in the forecast period due to growing demand for hybrid electric vehicles (HEV) and Battery electric Vehicles (BEV) Printed circuit boards are used in several automotive applications like anti-lock brake systems, safety and security features, ECU systems, control engines and GPS navigation systems. PCBs can be programmed to perform system essential commands irrespective of their sizes. Asia-Pacific is projected to dominate the market share in the forecast period. Due to economies like China, Japan, South Korea and Taiwan is witnessing a high surge in automotive production due to availability of low labour and logistical costs.

Automotive PCB Market Segment Analysis - By Type

There are three types of printed circuit boards - single-sided, double-sided and multi-layer PCBs. Multi Layer PCB is projected to grow at the fastest rate from 2021-2026 at 7.2% CAGR driven by improving electromagnetic shielding and electronic design automation. Each type of PCB has various price points and uses and they are widely used in automotive applications such as in vehicle infotainment and audio systems.

Single-sided PCB is something which comes with only one layer of conducting material on one side of the board and other side is used for incorporating different electronic components on the board. Double-sided PCBs are same as single-sided PCBs but the difference is they have two sided traces with top and bottom layer. Multi-layer PCB’s can support a high level of circuit complexity as they are made up of three or more copper layers laminated together.

Automotive PCB Market Segment Analysis - By Vehicle Type

Printed circuit boards are commonly used in vehicles these days in passenger cars and commercial vehicles. Passenger Vehicles dominate the market with a share of 67% in 2020. The main function of the PCB is to provide mechanical support and electric connection to different components of the vehicle which is helped by improving electromagnetic shielding and electronic design automation.

One of the most common uses of printed circuit boards for vehicles deals with deployment of airbags which is necessary to prioritize safety. The circuit board is incorporated in the airbag deployment rate sensor which helps in dissipating static electricity and triggering the bag when needed. Likewise it is used in in-vehicle infotainment, GPS systems, and power converters and others.

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Automotive PCB Market Segment Analysis – By Geography

Asia-Pacific is projected to dominate the market share in the forecast period with 35% share in 2020. The economies such as China, Japan, South Korea and Taiwan are witnessing a high surge in automotive production due to availability of low labor and logistical costs. Due to enhanced production capacities and the rise of digitalization together are driving the automotive PCB in this region. Additionally China and India are expected to grow much faster due frequent activities in construction, transportation and industrialization contributing to the market growth.

Automotive PCB Market Drivers

Growing electric vehicles sales driving the market growth

The demand for electric vehicles is higher in the coming years than petrol and diesel vehicles. Unlike vehicle fuel types, battery electric vehicles have more demand due to increasing concern towards global emissions from vehicles as well as government initiatives to increase the sales of electric vehicles. As the move to electrically powered cars takes place the PCBs will play an important role in production and running of cars, buses and other electrically powered vehicles. Additionally increasing sales of electric vehicles as well as adoption of advanced driver assistance system and in vehicle infotainment technology in them are likely to drive the demand for automotive PCB market.

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Automotive electronics drive growth of automotive PCB

With the continuous advancement of the automobile industry, the automobile has evolved from a complete electromagnetic shielding based mechanical device in the past to a combination of machinery and electronics. The use of electronic design automation technology in PCB manufacturing for automobiles has increased which has made comfort, safety and entertainment in automobiles more important. On the other hand proportion of automobile electronics in the manufacturing cost of the vehicle is continuously increasing which in turn demand for automotive PCB is increasing.

Automotive PCB Market Challenges

Failure in function of PCB

One of the major challenges faced by automotive PCB market globally is failure in function of PCBs. Typically, the most common causes of PCB failure happens due to incorrect placement of components, overheating due to lack of space on the PCB and more. Failure of function in PCB can even happen due to poor quality components like bad soldering to cold joints, poor-connectivity to circuit boards, insufficient board thickness and electromagnetic shielding, bending and breaking. Failure of PCB leads to malfunction of systems in automobile.

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Automotive PCB Market Landscape Product launches, acquisitions, and R&D activities are key strategies adopted by players in the automotive PCB market. The automotive PCB market is dominated by major companies such Amitron, CMK, Chin Poon Industrial Co. Ltd, Daeduck Electronics, Delphi Technologies, Meiko Electronics Co. Ltd, Nippon Mektron Ltd, KCE Electronics, Samsung Electro-Mechanics, and Tripod Technology Corporation.

Acquisitions/Technology Launches/Partnerships In Feb 2020, Lumax Industries extended a joint venture with Stanley Electric. The joint venture will provide a complete range of Stanley Electric products to the Indian automotive industry. Starting with production of printed circuit boards (PCBS) to core component of automotive lighting system for Lumax Company.In Sep 2019, Delphi Technologies PLC partnered with Cree Incorporation, a leader in silicon carbide semiconductors to utilize silicon carbide semiconductor device technology to enable faster, smaller, lighter and more powerful electronic systems for future electric vehicles.

[sounmashnews]

[ad_1] Apple CEO Tim Cook kicked off the annual occasion on Wednesday with a three-minute video depicting how the Apple Watch has saved lives by calling for assist. One man described how he was skating on a frozen river when the ice gave out. Another survived a airplane crash in a distant space in the course of winter. And a highschool scholar escaped a bear encounter. Another instance from the occasion centered on a 27-year outdated highschool instructor went to the emergency room after her Apple Watch detected an abnormally excessive coronary heart fee. According to the instructor, "My doctor said, 'It was your watch that saved your life."Apple has lengthy offered its merchandise as instruments for creativity, productiveness and a constructive, if aspirational, way of life full of family and friends, wholesome habits and outside actions. Some of that was nonetheless on show at this yr's occasion, however there was a brand new messaging, too. The firm positioned lots of its merchandise and options as security nets in a shaky world. Apple introduced new car-crash detection know-how on each the Apple Watch and iPhone which it says can decide the "precise moment of impact" utilizing the system's barometer, GPS and microphone. "We truly hope you never need it, but feel a little bit safer every time you get into a car," stated Ron Huang, Apple's vice chairman of sensing and connectivity, in the course of the announcement.It additionally unveiled a groundbreaking Emergency SOS instrument for iPhones that depends on satellites if, for instance, you are misplaced within the wilderness and mobile service is not working. And it launched a brand new temperature monitoring instrument on the Apple Watch that can be utilized to trace sicknesses, at a time when many should still be wrestling with pandemic well being anxieties.While arguably a continuation of Apple's give attention to well being options, significantly with its smartwatches, the emphasis on these fearful use instances nonetheless raised some eyebrows amongst business watchers. "It was a little surprising to see Apple reach for the alarmist approach and position their devices as potential life savers," stated Ramon Llamas, analysis director at market analysis agency IDC. In current years, Apple has promised prospects that its merchandise can assist create a safer digital environment for them -- one with stronger privateness protections and family-friendly content material. Now its pitch seems to have expanded to protecting folks protected in the actual world."These emergency features are like the safety bags in your car: you aren't going to need them all the time, but you're grateful when you do," Llamas stated. The shift in tone comes as Apple confronts a brand new financial panorama that would make it more durable to persuade prospects to pay three- and four-figure quantities to improve their gadgets -- particularly when a few of these merchandise will not be considerably completely different from the prior yr. The firm launched comparatively minor updates to its devices throughout the board on Wednesday. The iPhone lineup, for instance, offered updates to the digicam techniques, a brand new interactive lock display screen and on the Pro fashions, a lot sooner efficiency. Meanwhile, the brand new high-end Apple Watch Ultra is focused towards excessive sports activities lovers; whereas a marketplace for rugged watches exists, not everybody wants monitoring for deep ocean diving or triathlons. "Refinement over revolution isn't a bad thing but if purses are tightening with the economy then these announcements are a harder sell without anything groundbreaking," stated Eric Abbruzzese, a analysis director at market agency ABI Research.The emphasis on well being and security may additionally assist Apple bolster its subscription companies enterprise, Abbruzzese stated, which has been one among its fastest-growing income strains in recent times. As he factors out, the satellite tv for pc connectivity is "only free for two years.

" (Apple has not specified how a lot it prices after that.) Moreover, "advanced health tools seem like just another way to sell Fitness+ more strongly." [ad_2] Source link

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Monthly Timeframe Meets Business Confidence Index: The Forex Ninja’s Secret Edge A Monthly Perspective with a Confidence Boost Picture this: You’re planning a road trip but only glance at yesterday’s weather forecast. Not the best idea, right? That’s essentially what trading without the monthly timeframe is like. Now, add the Business Confidence Index (BCI) to the mix, and suddenly you’ve got a GPS with live traffic updates—your trading roadmap just got an upgrade. Let’s unravel the lesser-known secrets of blending the monthly timeframe with the BCI, a combo that’ll give your trading strategy the edge it deserves. The Monthly Timeframe: Seeing the Forest, Not Just the Trees Traders often obsess over shorter timeframes, zooming in so much they miss the bigger picture. The monthly timeframe acts like binoculars—letting you spot the hidden herd of opportunities on the horizon. Here’s why it’s a game-changer: - Trend Analysis: The monthly chart smooths out market noise, revealing the true direction of long-term trends. Think of it as switching from a blurry VHS tape to crystal-clear 4K. - Key Levels: Monthly timeframes highlight significant support and resistance levels. These are like those unmissable mile markers on a highway. - Patience Pays Off: Trading the monthly timeframe reduces overtrading—a common rookie mistake that drains accounts faster than a streaming binge on mobile data. Pro Tip: Combine monthly timeframe analysis with shorter periods to refine entry and exit points. It’s like pairing a fine wine with the perfect cheese—trading nirvana. Business Confidence Index: Your Market Sentiment Thermometer The Business Confidence Index measures how optimistic businesses feel about the economy. A rising BCI? Businesses are bullish, likely signaling economic growth. A declining BCI? Caution—a storm might be brewing. Why traders should care: - Forecasting Economic Cycles: A high BCI often precedes economic expansions, while a low BCI hints at contractions. - Currency Strength: A strong BCI can bolster a country’s currency as investors flock to stability. - Hidden Divergences: When the BCI trends in the opposite direction of market sentiment, it’s like finding out the protagonist was the villain all along—plot twist! Use this to anticipate reversals. Blending Monthly Timeframe with BCI: A Trader’s Secret Sauce Here’s where the magic happens. Combining monthly timeframe analysis with the Business Confidence Index allows you to: - Spot High-Probability Trades: Align BCI trends with monthly chart patterns for higher confidence in your trades. - Filter Noise: Use the monthly timeframe to validate short-term moves influenced by BCI shifts. - Predict Market Reactions: A rising BCI amidst a bullish monthly trend? Double confirmation to go long. Falling BCI in a bearish trend? Look out below! Underground Trends: The Monthly-BCI Power Play - Early Bird Advantage: Monitor the BCI before it’s officially released—industry whispers or regional surveys often drop hints. Combine this intel with monthly charts to position yourself ahead of the crowd. - Sector Focus: Certain sectors react more strongly to BCI changes (e.g., manufacturing and tech). Spot these in monthly charts to capitalize on sector-specific trends. - Cross-Pair Strategies: Use the BCI to predict strength in cross-currency pairs. A bullish Eurozone BCI paired with a bearish US BCI? EUR/USD might just be your new best friend. Case Study: A Tale of Two Traders Trader A: Obsessed with 5-minute charts, he missed the forest for the trees. Despite a rising BCI, his shorts got squeezed harder than lemon juice in iced tea. Trader B: A monthly timeframe and BCI enthusiast, she spotted a bullish engulfing pattern aligning with a rising BCI. Her long position rode the wave like a seasoned surfer, ending in sweet profits. Moral of the story: Timeframes and macroeconomic indicators aren’t just tools—they’re lifelines. Next-Level Ninja Tactics - Overlay BCI Trends on Monthly Charts: Many platforms allow custom indicators. Plot BCI data directly onto your charts for visual alignment. - Set Alerts for Key Levels: Use the monthly timeframe to identify breakout zones and pair them with BCI-based triggers. - Leverage Automated Tools: Platforms like StarseedFX’s Smart Trading Tool help automate lot sizes and risk management, giving you more bandwidth for strategic thinking. Trade Smarter, Not Harder The monthly timeframe and Business Confidence Index are your trading compass and map. Use them together, and you’re not just navigating the market—you’re charting a path to consistent success. Remember, trading isn’t just about strategy—it’s about perspective. Zoom out, stay informed, and let these tools guide your journey. —————– Image Credits: Cover image at the top is AI-generated Read the full article

[technologyreportaanalyis]

IoT Node and Gateway Market Size, Research Report - Global Forecast to 2030

IOT Node and Gateway Market - Overview

The IOT Node and Gateway Market are projected to develop at a CAGR of 29%. The market is additionally expected to reach up to USD 17 Billion during the gauge time frame 2017-2023. Market Research Future (MRFR) revealed that factors like advanced technology implementation to ensure improved communication network, compactness of sensors, better internet network, and the rising demand for sensors in biometric applications, and others are going to trigger better growth for the IoT node and gateway market. 

The sensors are lightweight and minimized; also, they are outfitted with exceptionally trend-setting innovation that improves network availability. Alongside that, the utilization of IoT gadgets assists with giving exact information and furthermore settle entanglements. The utilization of remote gadgets for contactless and innovation like GPS, Bluetooth, Wi-Fi, and a lot more are likewise supporting the IoT Node and Gateway Market Growth.

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Market Segmentation:

The global market report on the IOT node and gateway market has been studied on the basis of segments that include components and end-user. MRFR analysts included various charts, graphs, and others to increase the credibility of the global market.

By components, the global market report includes a study of the IoT node and gateway market that includes hardware, sensor, wireless, connectivity IC, and a memory device. The hardware segment includes Processor, Microcontroller (MCU), Microprocessor (MPU), Digital Signal Processor (DSP), and Application Processor (AP). The sensor segment has been studied by blood glucose sensor, temperature sensor, humidity sensor, blood oxygen sensor, Electrocardiogram (ECG) sensor, flow sensor, level sensor, image sensor, ambient light sensor, motion and position sensor, chemical sensor, carbon monoxide sensor, camera module, and others.

The connectivity IC segment includes wired, Modbus, PROFINET, and Foundation Fieldbus (FF). The wireless segment incorporates a study of Bluetooth/WLAN, ZigBee, Ant+, Bluetooth, Bluetooth Smart/Bluetooth Low Energy (BLE), Near Field Communication (NFC), Wireless Fidelity (Wi-Fi), Wireless Highway Addressable Remote Transducer Protocol (WHART), Cellular Network, Navigation Satellite System (GNSS) Module, GPS/Global, ISA100, and others. The memory device segment comprises a study of On-chip memory and Off-chip memory/external memory.

By end user, the global report studies the market of IoT node and gateway segments like

IT & Telecommunication, BFSI, consumer electronics, healthcare, wearable devices, agriculture, aerospace & defense, building & automation, and others.

Regional Analysis:

Topographically, the IoT Node and Gateway Market size are partitioned into Asia-Pacific, North America, Europe, and the Rest of the World. It is guessed that North America will hold the biggest IoT Node and Gateway Market Share during the conjecture time frame. Because of the grounded foundation of the organization, the district will have remarkable development. Additionally, the developing security space for IP stages is upgrading the market development.

The Asia-Pacific district is projected to have huge development during the figure time frame. It is projected that the Asia-Pacific district will record the most elevated CAGR for the Global IoT Gateway Market. The fast improvement in the foundation is drawing in the central participants to contribute and work from these nations like India and China.

Europe is likewise expected to have considerable development during the conjecture time frame. The significant justification for the nonstop development is the strong strategies and ventures by the central members also.

Industry News:

In 2020, Hewlett Packard reported the send-off of its new item called "HPE 5G Core Stack." This item is projected to upgrade the organization arrangements with the 5G guidelines.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Power Electronics Market Size Industry Growth, Feasibility and Forecasts 2026

Overview

The global power electronics market is expected to reach USD 59.40 billion by 2026 at a CAGR of 6.64% during the forecast period. Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years. Power electronics include a solid-state circuit device that converts the current from the source to the load. The main purpose of the power electronics is to control the power fluctuation in components such as monitoring diodes and transistors. It also manages the power to enhance energy conservation in applications such as body electronics, chassis & powertrain, infotainment & telematics, and safety & security systems. Power electronics control the flow of current in both unidirectional and bidirectional way.

Competitive Analysis

The key players of the global power electronics market are Alpha & Omega Semiconductor (AOS) Europe, AMS AG, Analog Devices Inc, Dialog Semiconductor, Diodes Incorporated, Semiconductor Component Industries LLC, Infineon Technologies AG, Renesas Electronics Corporation, Maxim Integrated, Microchip Technology Inc., STMicroelectronics, Texas Instruments, Toshiba Electronic Devices & Storage Corporation, Vishay Intertechnology Inc., and Allegro Semiconductors, among others.

In June 2020, Microchip Technology Inc. introduced a new series of 3 kW Transient Voltage Suppressor Diode Array, MDA3KP Transient Voltage Suppressor (TVS). This product line also provides military system circuit protection for ruggedized handheld radios, global positioning systems (GPS), and communication test equipment.

In September 2019, Qualcomm Technologies Inc. partnered with Trimble Inc. for the development of high-accuracy positioning solutions for connected vehicles. The company plans to integrate Trimble’s RTX technology with select Qualcomm Snapdragon Automotive 4G and 5G platforms, which is expected to deliver highly accurate positioning for maintaining the lane position to enhance the advanced driver-assistance systems (ADAS).

In August 2019, Renesas Electronics released a fourth-generation lithium-ion (Li-ion) battery management IC- ISL78714. This IC offers accurate cell voltage and temperature monitoring, along with cell balancing and extensive system diagnostics to protect 14-cell Li-ion battery packs.

In January 2019, Maxim launched MAX20345, an ultra-low PMIC for wearable devices. It also improves the sensitivity of optical measurements for wearable fitness and health applications.

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Segmental Analysis

The global power electronics market has been segmented based on component, wafer type, wafer material, wafer size, application, and region.

Based on component, the global market has been segmented into diodes, thyristor, MOSFET, AC/DC converter, static switches, and others. The diodes segment accounted for the largest market share of 30.4% in 2019, with a market value of USD 11.7 billion; it is expected to register a CAGR of 7.3% during the forecast period. The thyristor segment was the second-largest market in 2019, valued at USD 9.7 billion; it is projected to exhibit a CAGR of 5.3%. However, the MOSFET segment is expected to register the highest CAGR of 8.0%. A diode or a power diode is used for rectifying voltage in converter circuits, voltage regulation circuits, fly-back/freewheeling diode, and reverse voltage protection. This diode has a much larger PN junction area as compared to the normal signal diode, and thus it is not suitable for high-frequency applications above 1MHz. This allows power diode to attain the high forward current capability of up to several hundred amps and reverse blocking voltage of up to several thousand volts. This diode is more complex to design and operate in low power devices and, therefore, are used as freewheeling diodes and snubber networks.

By wafer type, the market has been segmented into Silicon, GaN, SiC, and others. The silicon segment accounted for the largest market share of 37.5% in 2019, with a market value of USD 14.5 billion; it is expected to register a CAGR of 5.7% during the forecast period. The GaN segment was the second-largest market in 2019, valued at USD 11.5 billion; it is projected to exhibit a CAGR of 7.0%. However, the SiC segment is expected to register the highest CAGR of 7.9%. A silicon wafer comprises a thin slice of semiconductor material used in integrated circuits and the electronic industry. Integrated circuits are used in many various devices such as computers, smartphones, gaming devices, and military weapons. Such wafers are used for the fabrication of integrated circuits and wafer-based solar cells. Silicon wafer works as the substrate for microelectronic devices and undergoes many microfabrication processes.

Based on wafer material, the market has been bifurcated into N-type and P-type. The P-type segment accounted for the larger market share of 56.8% in 2019, with a market value of USD 21.9 billion; it is expected to register a CAGR of 6.0% during the forecast period. The N-type segment was valued at USD 16.6 billion; it is projected to register the higher CAGR of 7.5%. A P-type semiconductor is a type of material that has a shortage of electrons. Trivalent impurities such as boron, aluminum, or gallium are added to the semiconductor to impart the current-carrying ability. In this semiconductor material, the electrons move from one empty position to another due to the influence of a potential difference leading the flow of electric current in a single direction. The majority of carriers move from the higher potential to the lower potential in P-type semiconductors.

By wafer size, the market has been segmented into 150mm, 200mm, 300mm, and 450mm and above. The 300mm segment accounted for the largest market share of 40.6% in 2019, with a market value of USD 15.7 billion; it is expected to register a CAGR of 6.9% during the forecast period. The 150mm segment was the second-largest market in 2019, valued at USD 10.1 billion; it is projected to register the highest CAGR of 7.3%. 300mm wafers are largely used in semiconductor components such as commodity chips, including DRAMs, flash memory, and microprocessors owing to their high-volume. Recently, most of the image sensors, power management devices, and complex logic and micro component ICs with large die sizes have been produced on 300mm wafers. Chipmakers such as Samsung, Toshiba, and Micron, use 300mm wafers for most of their chip production.

Based on application, the global power electronics market has been segmented into consumer electronics, IT & telecommunications, automotive, aerospace & defense, industrial, energy & utilities, transportation, and others. The consumer electronics segment accounted for the largest market share of 23.5% in 2019, with a market value of USD 9.0 billion; it is expected to register a CAGR of 6.4% during the forecast period. The automotive segment was the second-largest market in 2019, valued at USD 7.7 billion; it is projected to register the highest CAGR of 7.9%. Power electronic devices such as an AC/DC converter or rectifier is one of the most observed power electronic devices found in many consumer electronic devices, including computers, cell phones, mobile devices, light-emitting diode (LED) lights, TVs, cameras, gaming stations/consoles, and other home electronics. Increasing needs for power management in consumer devices to drive the growth of the global power electronics market.

The global power electronics market, by region, has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. Asia-Pacific accounted for the largest market share of 38.0% in 2018, with a market value of USD 14.6 billion; the market is expected to register the highest CAGR of 7.8% during the forecast period. North America was the second-largest market in 2018, valued at USD 11.2 billion; the market is projected to exhibit a CAGR of 6.6%. Asia-Pacific dominates the power electronics market based on the region due to growing markets of consumer electronics and wearable products in China, India, Japan, South Korea, Singapore, Taiwan, and other countries in the region. Additionally, growing investments by key market players operating in this region significantly contribute towards the market growth.

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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

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Automotive Relay Market Raw Material Outlook, Vendor Landscape, Technology Overview & Trends

The global Automotive Relay Market is expected to grow considerably in the near future due to increase in demand for various applications, such as trucks, heavy industrial equipment, and others. Automotive relay is a simple electromechanical switch that help a low amperage circuit turn on and off the higher amperage circuits, such as headlights. It is also used to switch multiple circuits at the same time with one output.

Single output connected to several relays enable simultaneous opening and/or closing. A normal automotive relay runs on either 5v or 12v signal, where 12v is a standard for all automotive batteries and 5v is standard for the sensors. They run by inserting a lever at the corner of bulky load and by positioning a wedge below the lever. This enables easy lifting of the heavy load with least efforts.

The factors driving of the automotive relay market include rise in levels of comfort and safety in driving, increasing replacement of lighter PCB relays with the conventional complex plug-in devices, increased popularity of PCB relays and high adoption, growing government initiatives for the inclusion of safer components to reduce the number of casualties, increase in the demand and production of hybrid electric vehicles, and rise in modernization of automobiles. However, poor standardization in design is restricting the automotive relay industry growth.

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Increasing use of enhanced technologies like GPS, temperature, weather, and traffic related information, ultimately escalating the demand for the product is one of the major trends witnessed in the domain. Nonetheless, the growing use of conventional plug-in in the automotive sector is challenging the automotive relays industry.

One of the leading players, Infineon is expected to present a new class of Embedded Power ICs, namely TLE985x. It offers AEC Q-100 competent H-bridge driver motor control technology for single-phase brushless DC and 2-phase DC motors. The device is also expected to help manufacturers for replacing automotive relays in low-end motor control uses like window lift and sunroof. By replacing to MOSFETs (metal-oxide-semiconductor field-effect transistor), high level of integration lowers the system costs. Surplus advantages include improved the PWM control and incorporated standardized current sense amplifier, enabling the adaption of motor currents. This also optimizes the motors and mechanics for more applications. This naturally reduces the size of motor and circuit board and improves the noise behavior.

The prominent players in the automotive relays market comprise Omron Corporation, ABB Ltd., TE Connectivity, Salzer Electronics Ltd., Deltrol Controls, Panasonic Corporation, American Zettler Inc., Nippon-Aleph, Fujitsu, Denso Corporation, Daesung, and NEC Corporation among others.

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