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Showing posts from March, 2022

Automotive Electric Oil Pump Market - Forecast (2022 - 2027)

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Automotive Electric Oil Pump   Market value was $15.84 billion in 2021 and is estimated to witness 26.2% CAGR during the forecast period 2022-2027 .   Rising vehicle electrification, as well as electric power steering, are projected to propel the Automotive Electric Oil Pump industry globally.   Automobile electric oil pumps are used to lubricate and cool moving parts as well as supply oil pressure to components particularly as Transmission Oil Pump, Engine Oil Pump and Brake Oil Pump.   The rise in demand for fuel-efficient vehicles have prompted manufacturers to install electric oil pumps in their vehicles, which is expected to significantly propel the global automotive electric oil pump market. In 2021 Concentric AB has collaborated with a global Tier 1 manufacturer of fully automatic transmissions for medium and heavy-duty commercial vehicles to create a new fully electric oil pump for use in their "start/stop" technology. This collaboration is estimated to boost...

Optocouplers Market - Forecast (2021 - 2026)

Optocouplers Market Size is forecast   to reach $4.3 billion   by 2026,   at a CAGR of 8.5%   during 2021-2026. Optocouplers are also called opto-isolators which physically isolates high voltage circuit systems from neighboring low-voltage systems and hence isolates the unwanted signals. Optocouplers are widely used in military, navy and aerospace space as it provides new isolation technologies giving rise to hermatic, extreme operation temperature and others. Optocouplers are widely used in phototransistors which are further used in most demanding applications such as smart buildings for ambient light sensing and street light sensing as they ensure signal isolation. Automatic street light circuits, simple fire alarm and others are equipped with the light dependent resistors which are using optocouplers which consist of an   LED   that produces infra-red light and a semiconductor photo-sensitive device and is used to detect the emitted infra-red beam. Moreo...

Field Programmable Gate Array Market -Forecast (2021 - 2026)

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Field Programmable Gate Array Market size is   anticipated to reach $8.5 billion by 2026 at a CAGR of 6.92%   during the forecast period 2021-2026. Field Programmable Gate Array is an array of programmable logic blocks which include general logic, memory and multiplier blocks, that are surrounded by a programmable routing fabric. The market growth is mainly driven by the factors including technological development, increasing investments on artificial intelligence (AI) & machine learning (ML) as well as the wide adoption of IoT across industries, increasing demand for   ADAS technology   and various consumer electronics. In addition, the growing investments on data-centers also play a major role in the growth of Field Programmable Gate array industry. Furthermore, FPGA is a reconfigurable computing circuit, which is more suitable for various applications such as radars, cell phone base stations and other, compared to   application specific in...