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Electrical Equipment Market Surpassing USD 3393.5 billion by 2029 Exclusive Report By Exactitude Consultancy

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Luton, Bedfordshire, United Kingdom, Aug. 03, 2022 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Electrical Equipment market.The global Electrical Equipment Market size is estimated at USD 1315.8 billion in 2020 and is projected to reach USD 3393.5 billion by 2029, at a CAGR of 11.1% for the forecasted years 2022 to 2029.

The electrical equipment market consists of sales of products that generate, distribute and use electrical power by entities (organizations, sole traders and partnerships) that produce products that generate, distribute and use electrical power.

Electric lighting equipment, home appliances, power generation, transmission, and control equipment, batteries, and wires and cables are the primary categories of electrical equipment. Electrical devices known as home appliances help with chores around the house like cooking, cleaning, and food storage. Both online and offline modes are available for operating the apparatus. Both B2B and B2C end consumers use the OEM and aftermarket as some of the several sales channels.

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https://exactitudeconsultancy.com/reports/3457/electrical-equipment-market/#request-a-sample

The electrical equipment market’s largest region in 2021 was Asia Pacific. The market for electrical equipment’s second-largest region was Western Europe. The smallest region in the world market for electrical equipment was Africa. regions covered in the electrical equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Industry Insights:

ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group consists of several divisions including Power Products, Power Systems, Discrete Automation and Motion, Low Voltage Products, and Process Automation.

Sumitomo Electric Industries Ltd (Sumitomo) is a developer, producer, marketer and distributor of products related to electronics, info-communications, automotive, industrial materials, and environment and energy.

As a part of Electrical Equipment market segmentation, our study exhibits a market analysis based on type, Market application and Historic Data:

Attributes    Details (Current Scenario)
Base-Year    2020-2021
Historic Data    2019-2020
Forecast Period    2022-2029
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East and Africa
By Type/function
  • Electric Lighting Equipment
  • Household Appliances
  • Power Generation
  • Transmission And Control Equipment
  • Batteries
  • Wires And Cables
By Application
CAGR (XX%) 11.1 % (Current Market Analysis)
Customization Available    Yes, the report can be customized as per your need. (Free 15% Customization)
Delivery Format    PDF, and Excel through Email

Browse Detailed Research Insights with TOC:

https://exactitudeconsultancy.com/reports/3457/electrical-equipment-market/#report-details  

Reasons for Buying Electrical Equipment Market

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward-looking perspective on different factors driving or restraining market growth
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

Checkout Our Related Research Key Updates:

Industry 4.0 Market

Industry 4.0 is known to be the fourth industrial revolution that concentrates on interconnectivity, automation, machine learning, and real-time data. It is also referred to as the Internet of Things (IoT) or smart production coupled with the smart digital technology.

The Global Industry 4.0 Market is expected to grow at more than 26% CAGR from 2019 to 2026. It is expected to reach above USD 305 billion by 2026 from a little above USD 68 billion in 2019.

https://exactitudeconsultancy.com/reports/1789/industry-4-0-market

Dual In-line Memory Module (DIMM) Market

DIMM (Dual In-Line Memory Module) is a form of computer memory that is natively 64 bits, enabling quick data transmission. DIMM is a module that includes one or multiple Random-Access Memory (RAM) chips on a tiny circuit board with connections that link it to the computer motherboard. Each data bit is stored in a distinct memory cell by the DIMM.

The Global DIMM (Dual In-line Memory Module) Market size is expected to grow at more than 22% CAGR from 2021 to 2026. It is expected to reach above USD 10 billion by 2026 from a little above USD 3 billion in 2021.

https://exactitudeconsultancy.com/reports/773/dual-in-line-memory-module-dimm-market/

Queue Management System Market

The queue management system plays a significant role in improving customer loyalty, which is unswervingly linked to customer satisfaction. A form of tech-enabled business solution, queue management software is a computerised system created to manage walk-in services or client traffic. It is mostly employed to control customer interactions.  

https://exactitudeconsultancy.com/reports/2524/queue-management-system-market

Intraoral Cameras Market

Intraoral cameras are the small medical devices that are used to take x-ray of tooth and gums of a patient. The intraoral images are obtained by placing the intraoral camera in such a way that it captures the complete oral maxillofacial region. The image obtained is in turn observed and analysed by the dentist to draw required conclusions.

https://exactitudeconsultancy.com/reports/2753/intraoral-cameras-market

Plastic Optic Fibers Market

Optical fibers composed entirely of polymer optical materials are known as plastic optical fibers. Polymers make up the fiber core and cladding, as well as some buffer coatings and jackets. While plastic optical fibers cannot compare to glass fibers in terms of propagation losses or data transmission capacity, they are mechanically more resilient and allow for less expensive fiber optic fibers systems in particular applications.

https://exactitudeconsultancy.com/reports/711/plastic-optic-fibers-market/

Natural Language Processing Market

A component of artificial intelligence (AI), natural language processing (NLP) enables computers to understand human language, derive meaning, and facilitate communication through the use of conversational intelligence and voice-enabled AI. In addition, the NLP features such as autocorrect and autocomplete tool help to analyze personal language patterns and identify the most appropriate suggestions for the individual users or public.

https://exactitudeconsultancy.com/reports/1117/natural-language-processing-market


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Artificial Intelligence

TRON Forum collaborates with four major microcontroller manufacturers to hold TRON Programming Contest Using World-Standard Real-Time OS with 5 million JP YEN cash prize

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TOKYO, March 29, 2024 /PRNewswire/ — TRON Forum (Chair: Ken Sakamura, Professor Emeritus of the University of Tokyo) is pleased to announce that four microcontroller manufacturers, Infineon Technologies Japan K.K. (President & CEO: Ikuya Kawasaki), STMicroelectronics K.K. (Country Manager for Japan: Koichiro Takakuwa), NXP Japan K.K. (President & CEO: Masayuki Wajima), and Renesas Electronics Corporation (President & CEO: Hidetoshi Shibata) have collaborated with the Forum to hold TRON Programming Contest from Monday, December 11, 2023 jointly. The initial registration is being accepted now.

This contest is for engineers and students in Japan and overseas to compete in various  fields such as microcontroller applications, middleware, development environments, and tools using a member of TRON real-time OS (RTOS) family, “μT-Kernel 3.0” (*), which is a global standard of small-scale embedded computer systems.
(*) μT-Kernel 3.0 is an RTOS that fully complies with the real-time OS standard “IEEE 2050-2018” (IEEE Standard for a Real-Time Operating System (RTOS) for Small-Scale Embedded Systems) and runs on microcontrollers from various manufacturers.
Using the latest microcomputer boards provided by the manufacturers, contestants will compete in technologies that bring out the characteristics of RTOSs such as real-time performance, power saving, and small memory footprint, as well as development environments and tools that utilize new technologies.
The details of the contest with the total amount of cash prize, five million Japanese yen are at the following URL: https://www.tron.org/programming_contest/
About TRON Forum
TRON Forum was established in 2002 to promote TRON Project. We have been actively conducting activities centered on the T-Engine project, which prepares the development environment for embedded systems, and the operation of Ubiquitous ID Centers such as ucode.
In May 2015, Chair Sakamura received the ITU 150th Anniversary Award together with Bill Gates and others for his advocacy of open architecture TRON, which is the origin of ubiquitous networking and the IoT.
One member of the TRON RTOS family has been adopted as an international standard for real-time operating systems (RTOS) for small-scale embedded systems as 2050-2018 by Institute of Electrical and Electronics Engineers (IEEE), the world’s largest association of its kind and an international standardization organization. In 2023, the project leader, Chair Sakamura, received the IEEE Masaru Ibuka Consumer Technology Award from the IEEE in honor of the late Mr. Ibuka. In addition, the TRON RTOS family received the IEEE Milestone recognition in 2023.
URL: https://www.tron.org 
 
 

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XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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