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Everything You Need To Know AboutAircraft Battery Management System

2021-03-17T20:04:49.149Z

The battery management system (BMS) is an electronic system that manages a rechargeable battery (cell or battery pack) such as protecting the battery from operating outside its safe operating area, monitoring its status, calculating secondary data, reporting that data, controlling its environment, authenticating it and/or balancing it. Such systems which are used for managing and monitoring the battery of aircraft is known as aircraft battery management system. The battery management system is a key enabling technology for aircraft. Its function in aircraft is to control battery charging/discharge cycles, while also providing battery self-protection functionality by preventing over-voltage, under-voltage, and over-temperature events. The design of the BMS proved that the selected airborne qualification tests had been carried out. There are different types of battery management systems that are present such as centralized, modular, and distributed. More advancement in these systems is expected to drive the market during the forecast period.

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Growing aircraft deliveries due to the rise in no. of air travelers and advantages of BMS such as improve the lifespan of the battery, ensure the safety of battery packs, performance optimization, etc. is driving the growth of the aircraft battery management system market. However, high initial and maintenance costs may restrain the growth of the aircraft battery management system market. Further, more advancement in aircraft battery management systems such as portability, miniaturization, etc. is anticipated to create market opportunities for the aircraft battery management system market during the forecast period.

MARKET SEGMENTATION

The global aircraft battery management system market is segmented on the basis of type and application. On the basis of type, the market is segmented as centralized, modular, and distributed. Similarly, based on application, the market is segmented into the OEM and aftermarket.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global aircraft battery management system market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The aircraft battery management system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trends and opportunities prevailing in the region.

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Digital Farming Market 2021Growth factor and opportunities and future trend

2021-03-16T12:26:43.654Z

Digitization of farming is expected to help feed the growing population. The global population is expected to increase by about 40% and reach 9.6 billion by 2050. Therefore, the overall food production needs to double to meet the rising demand for food. The current production rate, process, and distribution method would not be sufficient to feed the growing population; thus, adoption of new and advanced technology, at various levels of farming, is expected to become vital to meet the growing demand.

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Rising population and increasing demand for food are prominent factors driving the digital farming market. Moreover, the growing demand to efficiently deal with pests, weeds, and other diseases is encouraging farmers to digitize their farms. In developing regions, cheaper internet data and strong penetration of smart devices (especially smartphones) are driving the digital farming market. Active participation of governments in digitizing farms through investment is also driving the digital farm market. For instance, in October 2017, the Government of Karnataka (a state in India) signed a memorandum of understanding (MoU) with Microsoft Corporation to empower small farm holders with technology-oriented solutions to improve productivity.

The global Digital Farming market is segmented on the basis of component, application. On the basis of component, market is segmented as hardware, software, others. On the basis of application, market is segmented as precision farming, live stock monitoring, green house farming, others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Digital farming market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America.

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Everything You Need To Know About Mobile Payments Technology

2021-03-05T20:42:43.562Z

Mobile payment technologies used for the payment of goods or services via mobiles/smartphones. There are various modes of the transaction such as Wireless End-Use Protocol (WAP), Near-Field Communication (NFC), and Short Message Service (SMS). These modes of transaction use different payment modes namely: proximity payment and remote payment. Some of the major drivers of the mobile payment technologies market are the rising adoption of advanced technologies such as wearable devices, near field communication (NFC), and mobile point-of-sale (m-POS).

What is Mobile Payments Technology?

Mobile payments are a type of secure transaction, which takes place through a phone or another mobile device digitally. They are facilitated by mobile wallets; apps that store credit and debit card details to enable digital payment using a mobile device. Users download a mobile wallet app and add credit or debit card information, which the provider stores safely.

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This growth is attributed to several factors that include

Security

Mobile payments are secure, as they do not require contact, and users avoid having to carry cash or carry their credit cards, which can pose a threat.

Ease of use

With advanced technologies, the user can use a mobile payment application to make and complete transactions on the fly and at the same time. Therefore, it is a very simple, fast task, without any delay or inconvenience.

Helping to build customer loyalty

By using wallets, users can opt for more rewards, discounts, or special offers linked to customer loyalty programs that can be easily accessed through mobile payment applications.

High demand for mPOS

The future of mobile payment technology is also driven by the high demand for mPOS (Mobile Point-of-Sale) technology. These are smartphones, tablets, or wireless devices that perform the tasks of conventional POS, but can operate anywhere and without any kind of tethering.

Growth in paid apps

Today, mobile applications are increasingly popular. Customers can easily download Mobile Wallet applications to their devices and smartphones. With this type of application, users can pay for products and services without fear of losing their money.

AI growth

Artificial Intelligence is increasingly improving the quality of mobile payment technology. It is a trend that will also grow to allow more and more customers to make their purchases from different AI devices, such as Amazon’s Alexa.

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Blockchain: Opportunities for health care

2021-03-05T20:18:45.044Z

Blockchain technology has the potential to transform health care, placing the patient at the center of the health care ecosystem and increasing the security, privacy, and interoperability of health data. This technology could provide a new model for health information exchanges (HIE) by making electronic medical records more efficient, disintermediated, and secure. While it is not a panacea, this new, rapidly evolving field provides fertile ground for experimentation, investment, and proof-of-concept testing.

What is Blockchain in Healthcare?

Currently, several healthcare systems are facing challenges attributed to limited access to care, exorbitant costs, imprecise reimbursement models, and the unreliable quality of patient safety & care. This has resulted in the innovative form of the new accurate healthcare ecosystem. Advance technologies including blockchain and deep learning can help in saving costs, increase data flow, improve regulatory compliance, and enhance patient experience and outcomes. In 2017, FDA and IBM Watson partnered to secure patient data exchange by leveraging blockchain technology.

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Benefits of blockchain in clinical trials:

Provide an immutable record of trial history
Eliminate data manipulation
Smart contracts can act as trusted administrators
Cryptographic validation of data by the network

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Event Management Software: Event Planning|Event Marketing|Venue and Ticket Management|Analytics and Reporting, and Others

2021-03-05T19:26:22.556Z

The event management software market accounted for US$ 5810.6 Mn in 2018 and is expected to grow at a CAGR of 16.02% over the forecast period 2019–2027, to account for US$ 21287.6 Mn by 2027.

North America consists of developed countries, such as the US and Canada, and is open to the adoption of new and emerging technologies like event management software. Moreover, the strong financial position of North America enables it to invest heavily in the approval of the latest and leading tools & techniques for ensuring effective business operations. North America has the headquarters of many large enterprises and organizations and is host to various international events, conferences, etc. Europe is a region consisting of vast culture, political, and business landscape differences, thus, leading to a large number of events, exhibitions, conferences, etc.

The event management software market in Asia-Pacific is showing a slow growth rate during the forecast period. Mainly, the lack of knowledge about the technicality and benefits of event management software and a great approach towards traditional methods of event planning is the primary reason for this slow growth in the region.

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Increased Adoption of Cloud-Based Event Management Software- Trend

Some of the major reasons for the rising trend of adoption of cloud-based event management software are a low initial investment, sophisticated cloud & hosting models, and advanced features. With investment in cloud-based solutions, enterprises are anticipated to reduce their operational costs, decrease human errors, and thus increasing their productivity.

Solution Type Insights

Based on solution type, the market is segmented into solutions and services. In 2018, the software segment led the highest market share followed by the services segment. The software support business networking event to grow audience networking via events feeds, instant meeting request, in-app chats, and notifications. It also offers engagement analytics to organizers to understand audience engagement levels and enhance future events.

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Vertical Farming for the Future

2021-03-04T19:15:38.503Z

Imagine walking into your local grocery store to pick up freshly harvested lettuce, fragrant basil, juicy sweet strawberries, and ripe red tomatoes – all of which were harvested at a local farm only hours before you’d arrived. You might be imagining buying that fresh produce from vertical farms where farmers can grow indoors year-round by controlling light, temperature, water, and oftentimes carbon dioxide levels as well. Generally, fresh produce grown in vertical farms travels only a few miles to reach grocery store shelves compared to conventional produce, which can travel thousands of miles by truck or plane.

What is Vertical farming?

Vertical farming is a practice of producing food items on vertically inclined surfaces. Rather than farming vegetables and foods at a single level in the field or in a greenhouse, vertical farming produces food items in vertical stack layers. The method of vertical farming is majorly integrated into structures such as shipping containers, skyscrapers, or repurposed warehouses.

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Beyond providing fresh local produce, vertical agriculture could help increase food production and expand agricultural operations as the world’s population is projected to exceed 9 billion by 2050. And by that same year, two out of every three people are expected to live in urban areas. Producing fresh greens and vegetables close to these growing urban populations could help meet growing global food demands in an environmentally responsible and sustainable way by reducing distribution chains to offer lower emissions, providing higher-nutrient produce, and drastically reducing water usage and runoff.

MARKET PLAYERS

Aerofarms, Agrilution, American Hydroponics, Everlight Electronics Co., Ltd., Green Sense Farms, LLC, Illumitex, Inc., Koninklijke Philips N.V., Sky Greens, Urban Crop Solutions, Vertical Farm System

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SOLAR AND WIND: OUR AMBITION IN RENEWABLE ENERGIES

2021-02-25T09:21:48.371Z

The world’s energy future is being shaped by the dual challenge of climate change and the growing demand for electricity, with renewable energies set to play a crucial role in this new environment. To become the responsible energy major means taking these realities into account by investing heavily in renewable, and particularly in solar and onshore and offshore wind – three fast-growing sources of energy that boast many advantages in that they are abundant, clean, flexible, efficient, and competitive.

Global warming and faster depleting sources of non-renewable energy have proliferated the need for the high volume commercialization of alternative renewable sources of energy. Environmental issues such as global warming and depleting natural resources have forced various environmental agencies and Governments of countries across the globe to develop various strategies for renewable energy generation. Also, harnessing energy from abundantly available sources such as solar and wind enables satiating the ever-increasing energy demands. Various environmental initiatives are further anticipated to provide a huge boost to solar and wind energy generations.

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the Sustainable Development Scenario (SDS) put forward by the International Energy Agency (IEA), the share of renewable energies in the global energy mix is expected to increase sharply, from 14% currently to more than 30% in 2040. Alongside natural gas, the least carbon-intensive fossil fuel, renewables will enable both the meeting of the world’s growing demand for electricity and the limiting of global warming.

Electricity will be the energy of the 21st century. Over the next 20 years, electricity demand will increase faster than the demand for energy as a whole and should double between now and 2040. With this in mind, we strive to meet this need by adapting our energy mix to give greater prominence to renewables and natural gas. This approach serves to further our ambition of becoming the responsible energy major.

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Cosmetic Preservatives Market Forecasted to Grow

2021-02-25T08:02:03.746Z

Growing consumer concern about the safety of preservatives in personal care and cosmetic products has led to their increased scrutiny by regulatory bodies. According to Frost & Sullivan, the global market for personal care and cosmetics preservatives will reach $533.8 million by 2023 at a compound annual growth rate (CAGR) of 6.6% between 2018 and 2023. The demand for preservatives is anticipated to reach 125.0 kilotons by 2023, growing at a CAGR of 7.0%, attributed to the rising consumption from the personal care industry, specifically.

What are Cosmetic Preservatives?

Cosmetics preservatives are mainly used as stabilizers, antimicrobials, and antioxidants. Cosmetics preservatives are added to cosmetics for product formulation that inhibits the growth of microbes. Natural cosmetics preservatives include extracts from plants such as curry leaf, cinnamon leaf, and clove bud. Some of the commonly used synthetic preservatives such as parabens, formaldehyde releasers, isothiazolinones, phenoxyethanol, and organic acid. Synthetic-based cosmetics preservatives are more effective in controlling the development of bacteria.

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Other growth opportunities for preservatives manufacturers include:

Changing consumer preferences based on social media influence and increasing beauty consciousness among all age groups.
Innovating and developing natural preservatives that would comply with the changing consumer needs.
Developing blends with lower preservative concentrations and broad spectrum of microbial coverage to offer significant growth opportunities.
Producing phenols and alcohols, which are the most used preservatives because of their rising demand across all application areas.
Offering e-Commerce as a highly viable entry route for Western companies seeking to enter emerging markets like Asia-Pacific, the Middle East and Africa.
Including branded, multi-functional ingredients that are overtaking commoditized materials.

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Advanced Water Treatment for Hydraulic Fracking Water

2021-02-24T08:34:07.207Z

Hydraulic fracking (HF) is a development process of injecting water, containing sand and chemicals, in wells under extremely high pressure to fracture or crack open pores in the shale formation to release the oil and gas. The hydraulic fracking process injects a large quantity of water (~ 100 million gallons) per well. Groundwater and surface water resources are withdrawn to account for the large volume of water needed for the hydraulic fracking process, which directly influences the availability of ground and surface water for other consumptions. The flow-back water and produced water obtained during the hydraulic fracking process contains organic chemicals, dissolved metal ions, total dissolved solids, and chemical additives.

What is Fracking Water Treatment?

Fracking Water Treatment is defined as the treatment of wastewater which generates from the extraction of oil or gas activities. Such extraction activities undergoes stringent regulations for treating wastewater with the help of fracking operations so as to make water comaptible enough to be reused in several other applications. Rising demand to treat water required for hydraulic fracturing and horizontal drilling so as to avoid the contamination of groundwater is expected to drive the growth of the global market in future years.

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The Advanced Water Treatment Unit is a simple and effective way of combining three proven technologies (hydrodynamic cavitation, UV-ozone, and electrochemical cell) for the treatment of produced water to meet the National Primary Drinking Water Regulations. For the oil and gas industry, better treatment of wastewater should increase its reuse and reduce the demand for freshwater for the hydraulic fracking process. It is projected that an average of 2.4 billion gallons of produced water is extracted every day. This Advanced Water Treatment skid is portable. It can operate on-site and can handle 400 GPM of wastewater. The treated water at least has the potential to be reused for the hydraulic fracking process.

Economic Impact:

The three technologies included in the Advanced Water Treatment skid were arranged in a Plug -n-Play model, meaning multiple units of these technologies can be added or removed depending on the water quality of produced water and treated water. The largest waste stream in oil and gas production is the produced water with an average of 2.4 billion gallons extracted per day. In the hydraulic fracking process, the cost for transportation includes bring water on-site for good development and transferring produced water for treatment or disposal, which is estimated at $0.50 to $8 per barrel.

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Refrigerant System - an overview | Refrigeration Systems| Chillers| Air-Conditioning Systems| Mac

2021-02-17T21:27:30.364Z

The refrigerant is a compound or mixture in a liquid state which is used in the machine for moving heat from one location which has a low temperature to another location with a higher temperature. It has many unique physical properties such as low freezing point, low condensing pressure, high evaporator pressure, high critical pressure, etc. Moreover, it has few differentiated chemical properties as well, such as toxicity, oil solubility, low water solubility, reactivity, etc. Some of the examples of refrigeration substances are r-410a, r-404a, r-407c, etc. The refrigerant substances which are used subsequently in the applications are ammonia, sulfur dioxide, propane.

The global refrigerant market is growing at a significant pace owing to driving factors such as increasing demand for domestic air conditioners due rise in per-capita income. Moreover, the increase in application for the air conditioners in automobiles is likely to drive the demand for refrigerant in the coming years. However, high regulation on fluorocarbon due to its harmful effect on the ozone layer may hinder the growth of the refrigerant market. Likewise, the development and spread of awareness on energy-efficient cooling system may provide a lucrative opportunity for the market players in the near future.

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The global refrigerants market is segmented by types as fluorocarbon, chlorofluorocarbons (CFC), hydrochlorofluorocarbons (HCFC), hydrofluorocarbons (HFC), inorganics, hydrocarbons, and others. Applications segment the global refrigerants market into two major types as refrigeration and air conditioning. Refrigeration includes sub-segments as domestic refrigeration, commercial refrigeration, transportation refrigeration, and industrial refrigeration; and air conditioning (AC) including stationary air conditioning, chillers, and mobile air conditioning.