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Smart Fabrics Market Share, Growth, Size, Trend, World Analysis and Forecast to 2026

Smart fabrics, also known as smart garments, smart textiles, electronic textiles, or smart clothing are a type of fabric in which digital components and electronic devices such as LEDs, batteries, integrated circuits, conductors, and others are embedded to offer an added value to the wearer. 

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Market Dynamics

As per Coherent Market Insights, in 2014, around 12 million sports-related injuries were observed, which led to economic burden of around US$ 33 billion, of which 50% of the injuries were estimated to be preventable by the use of smart fabrics.

Growing applications of smart fabrics across various industries including health, beauty, entertainment, defense, healthcare, transportation, and food & beverages, among others is expected to offer lucrative growth opportunities for the electronic fabrics makers in the near future. Smart fabrics have considerable adoption in defense & military applic

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GaN Power Device Market Segmentation, Opportunities, Trends & Future Scope to 2025

Gallium nitride (GaN) compound is a hard semiconductor material featuring a wide band gap (energy gap) of 3.4 electronvolts (eV) with high heat capacity and thermal conductivity. GaN finds significant applications in power devices used in electrical energy control systems and conversions including telecommunication, industrial, automotive, and high RF antennas and radar in aerospace and defense technologies are expected to provide opportunities for growth of the GaN market over the forecast period.

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Substantial growth of end-use verticals is expected to boost market growthAdvancements in technology related to GaN power devices are enhancing the computational power of all systems, in turn boosting market growth. For instance, in December 2017, Yuji Zhao, an electrical and computer expert from Arizona State University received a three year grant of US$ 750,000 from National Aeronautic

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Chatbots for Banking Market Technological Advancements & Competitive Insights to 2026

A chatbot is a software program that facilitates interactions among humans and virtual assistants with the help of artificial intelligence (AI) capabilities. The AI integrated with chatbot offers security along with handling texts and other forms of inputs from multiple individuals, this allows the applications to be more intuitive and comfortable while chatting. The security it offers allows it to be utilized for banking transactions. The features AI offers aids in ease of access and security and these are the key factors driving adoption of chatbot in banking sector, thus, fuelling growth of the market. 

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Even though these chatbots are helpful for banking operations, these have certain privacy concerns, wherein incidences such as fraudulent access is possible. Also, the function of chatbots is more dependent on human for recei

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Sensor Fusion Market Poised To Take Off By 2026

Sensor fusion is a software that combines the data from different sensors and helps in maintaining the resulting information with less uncertainty. Increasing adoption of smart devices by the consumers, in order to bring changes in lifestyle is one of the major factors for the increasing demand for sensors in devices, thereby increasing the demand for sensor fusion in wearable devices. Hence, this is expected to propel growth of the market over the forecasted period.

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“Increasing demand for sensor-based applications in smart phones is one of the major factors driving growth of the market”

This is attributed to the rising competition among the smartphone manufactures such as Apple Inc., Samsung Electronics Co., Ltd., and Huawei Technologies Co., who are investing in research and development, in order to develop sensor-based applications that will differentiate their produc

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LED Lighting Horticulture Market by Products, Global Forecast to 2026

LED lighting horticulture market is directly addressed to the businesses associated with the commercial, indoor and R&D activities associated with plants, which is in contrast of the field farming and animal husbandry. These addressable segments are directly dependent on the presence of sunlight for the crops growth. 

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Increased power saving features of LED lights will present lucrative product demands through the forecast period

Industry is largely characterized by the presence of conventional alternatives such as fluorescent and high pressure sodium (HPS) products. These products are featured with high power consumption, these in turn lead to heavy electricity bills and lower profit margins for commercial applications.  

Low light intensity is the major drawback that will restrain the growth of LED lighting horticulture market

Conventional alternatives that includes sp

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Network Security Firewall Market to Witness Enhanced Growth

A network security firewall involves management of the network traffic by controlling the entrance of threat across networks. The major benefits of network security firewalls is to  improve the  network  security by  protecting  it against various  threats  such as botnets, command and control servers, advanced persistent threats (APTs), and zero-day threats.

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The cloud-based segment is expected to hold the largest market share in the network security firewall market during the forecast period (2017–2025).Increasing adoption of cloud-based solutions by organisation in industries such as retail, BFSI, and government will require cloud-based security solution as their data is available in the cloud network. For instance, according to the Coherent Market Insights’ analysis, in 2012–2016 almost 59% of BFSI sector already shifted their work load on the cloud.

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Hybrid Electric Jet Market Positioning and Growing Market Share Worldwide

The Hybrid Electric Jet market is expected to be valued at about US$ 54.00 million in 2022 and is projected to reach US$ 323.30 million by 2026, exhibiting a CAGR of 56.42% during the forecast period, according to Hybrid Electric Jet Market, By Electric Motor Type (Batteries, Solar Cells, Gas-powered, Ultra Capacitors, and Power Cables), By End User (Industrial and Commercial), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) published by Coherent Market Insights.

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"Increasing need to reduce carbon footprint and aircraft noise are among the key factor driving growth of the global hybrid electric jet market"

Furthermore, increasing government initiatives regarding the reduction of carbon footprint by adopting certain polices related to environment protection are expected to further influence growth of the hybrid electric jet marke

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Barcode Verifiers Market Poised To Take Off By 2026

Barcode verifiers are electronic devices used to measure the quality of a 1D, 2D, and Direct Part Mark (DPM) codes. Barcode verifier reads the barcode and performs a series of tests to examine the scan ability and quality of the barcode in comparison to the industry specification and standards.

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“Increasing growth of the consumer goods sector is expected to fuel growth of the global barcode verifiers market”

For instance, according to the World Bank Statistics, the global consumption of consumer goods reached to US$ 43.87 Trillion in 2016, up from US$ 42.794 Trillion in 2012. Thus, growth of the consumer goods sector will significantly fuel growth of the market for barcode verifiers.

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Barcode Verifiers Market: Regional InsightThe barcode verifiers ma

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