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The global UPS market is currently driven by growing frequency of power fluctuations and growth in number of data centers and cloud storage utilization. Demand for power backup solutions in small and large scale industries is increasing considerably to protect sensitive equipment from the adverse effects of grid power fluctuations. Need for UPS systems in hospitals and factories are also growing, where power failures lead to critical situations. Advancements in UPS systems such as lithium-ion technology, transformer-less UPS, and modular UPS are likely to have strong influence on market growth over the forecast period. In 2017, the global UPS market was valued at US$ 5,539.2 Mn and is anticipated to reach US$ 10,745.9 Mn by 2026, expanding at a CAGR of 7.8%during the forecast period from 2018 to 2026.

Switchgears are switching devices that are specially designed to regulate, control, and protect various types of power generation, distribution, and transmission equipment. It is also used to provide protection to different electric motor control systems installed across various end user segments. In electric power systems, switchgears are a combination of circuit breakers or fuses and disconnect switches. The purpose of switchgears is to de-energize the equipment and allow maintenance work to be done and clear downstream faults. Medium voltage switchgears ranges from 3kV to 40 kV. The global medium voltage switchgear market is anticipated to experience steady growth during the forecast period from 2017 to 2025 owing to rapid electrification and advent of smart grid technology across the world.

Integrating digital technology in personal protection equipment (PPE) including industrial protective footwear or safety footwear is a potential opportunity. For example, Germany based UVEX Group, a global industrial protective footwear manufacturer is in the process of integrating digital sensors and actuators  in industrial protective footwear. Information relayed by the sensors and actuators can be analyzed and necessary actions can be taken by the safety footwear to avoid slipping or loss of control. In October 2017, the Group launched these smart PPE (Smart Insole - uvex 1 techware) at the A+A trade fair in Germany. Thus, integration of digital technologies in industrial protective footwear is expected to create good opportunity for market players.

Construction, Roofing, Solar Industries Pump Revenue Flow During Coronavirus Crisis Aerial imaging has benefitted the construction industry during the coronavirus pandemic. Construction, roofing, and solar industries have been augmenting the advantages of aerial imaging for contracted surveying, onsite inspections, and design planning applications. This signals that the aerial imaging market is one of the few markets, which has not been severely affected by the COVID-19 crisis.

According to a new market report published by Transparency Market Research titled "Mass Spectrometer Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027," the global mass spectrometer market is projected to expand at a CAGR of above 8% during the forecast period 2019 - 2027. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors.

Asset Tracking and Inventory Management Solutions Market – Snapshot

System-On-Chip: Snapshot

Global IoT in Healthcare Market: Snapshot The internet of things has numerous applications in the healthcare, from having smart sensors to medical device integration and remote monitoring. It has the potential to improve the potential of the physicians to deliver care along with keeping patients healthy and safe. Healthcare IoT applications boost the patient engagement and the satisfaction by allowing the patient to spend more time interacting with the doctors. For instance, the devices such as vital signs monitors and infusion pumps were once used as a standalone machines which were attached to the isolated patients. Now they are often tethered to the health systems data networks in order to provide information.

End users in the IT robotic automation market are leveraging robotic process automation (RPA) tools and techniques to automate a wide range of business tasks. Over the years, CIOs in businesses and enterprises are embracing new RPA tools to meet the different scenarios. Financial services firms, in particular, have been early adopters of IT robotic automation; the adoption of bots to drive customer value is a case in point. The gains of IT robotic automation for such firms drove the prospects. For instance, reduced human errors and staffing costs are key market propositions. A wide assortment of cognitive technologies expanded the avenue in the IT robotic automation.

The drive for cargo security seals market has stemmed from the rise in transportation of containers. Cargo security seals are used for sealing containers for logistics in wide range of industries. They have been popularized as airline freight seals. Their role in ensuring tamper-evident and fraud protection for cargos has attracted attention of stakeholders. Heavy-duty bolt seals that are ISO compliant are increasingly being utilized. Applications where cargo security seals are used include trailer doors, truck doors, railcar doors, valves, coin bags, totes, inner drum bags, and storage bags.