With the advent of 5G in India, mobile operators in India have the chance to expand into international markets, and consumers benefit from the economies of scale. The economic potential of any nation can rise with the aid of high-speed connectivity, and in turn, 5G technology will have a prominent role in shaping the future. Almost every sector of the economy is going through a digital transformation fueled by connectivity. The Indian government established the High Level 5G India 2020 Forum in 2017, which includes three secretaries of important Ministries/Departments, including Telecom, Meity, and DST, as well as famous specialists like academicians, stakeholders from industry organizations, and IT industry professionals. The main objectives of the forum are to deploy 5G in India as soon as possible and to create a manufacturing and product development ecosystem that is globally competitive, aiming to capture 10% of the global market and 50% of the Indian market over the next five to seven years. To foster innovation and research in 5G, the government has created a program called “Building an End-to-End 5G Test Bed.” The funding for this three-year initiative was authorized at Rs 2,240 million (USD 25 million), and it started in March 2018. The SAMEER, CEWIT, IITs in Madras, Hyderabad, Delhi, Kanpur, and Bangalore’s Indian Institute of Science (IISc) received the program reward. The program’s objective is to create 5G proof-of-concept prototypes that broadly adhere to 3GPP specifications.
Research and Investments by Telecom Operators
According to a joint official statement by Reliance Industries Limited and Jio Platforms Limited, Qualcomm Ventures agreed to invest up to Rs. 730 crores (USD 85 million) in Jio Platforms in July 2020 at an equity valuation of Rs. 4.91 lakh crore and a firm value worth Rs. 5.16 lakh crore. With this investment, Qualcomm and Jio Platforms’ relationship will be strengthened as Jio Platforms rolls out sophisticated 5G infrastructure and services for Indian users.
Further, Airtel and Ericsson carried out the first 5G network demonstration in India in a rural area in Oct 2021. Although the location was more than 10 kilometers from the test site, a commercially available 3GPP-based 5G handset could connect to the 5G test network and achieve 100+ Mbps speeds throughout the trial. Further, Airtel claimed to have completed India’s first 5G testing in the 700 MHz bands in collaboration with Nokia in Nov 2021. Nokia’s 5G portfolio featured Nokia AirScale radios and a standalone (SA) core, both of which were deployed by Airtel. Additionally, Airtel and Capgemini announced their agreement in December 2021 to combine their experience in networking, 5G solutions, and System Integration (SI) abilities to provide enterprise-grade 5G solutions to the Indian market. The development centers will be Capgemini’s and Airtel’s 5G labs, both of which are located on their campuses in Mumbai. In the 5G Lab at Airtel, Capgemini has indeed presented two 5G use cases. These emphasize smart health and comprehensive remote support for site repairs and operations. These use-case solutions use augmented reality, computer vision, video analytics, and AI/ML technology.
Moreover, Vi and Ericsson declared that their 5.92 Gbps peak download speed during the 5G trials represented a technological milestone in May 2022. Vi achieved the mark for the first time while conducting 5G testing in Pune, Maharashtra, using Ericsson Massive MIMO radios, the New Radio-Dual Connectivity software, and a dual-mode 5G core for Standalone architecture. The trials combined 5G trial spectrums from the mid-band plus high-band (mmWave) bands. To accelerate the adoption of 5G devices in India, trials on utilizing street furniture to deploy aerial fiber and small cells were conducted by Vodafone Idea (Vi) in July 2022 in Bhopal and Bangalore. These pilot projects seek to provide accessibility to cross-sectoral infrastructure to hasten the rollout of 5G networks. 5G small cells were tested using street furniture such as foot-over bridges, city bus shelters, street light towers, smart lamp posts, billboards, indication boards, and street signs.
Spectrums Acquired by Telecom Operators
The major Indian network carriers acquired 5G spectrum during the auction conducted by the Department of Telecommunications (DoT), Government of India, in August 2022 and formed various collaborations to expand the 5G ecosystem. Jio, India’s leading digital service provider, secured spectrum in the bands of 700MHz, 800MHz, 1800MHz, 3300MHz, and 26GHz.This will allow Jio to create the most cutting-edge 5G network worldwide and further consolidate India’s position as a world leader in wireless internet connectivity. Additionally, Airtel secured a 19,800 MHz spectrum by securing a 26 GHz and 3.5 GHz band footprint over all of India for a total value of Rs 43,084 cr. Airtel acquired 5G spectrum for two decades via this auction. Airtel revealed that it had reached 5G network partnerships with Ericsson, Nokia, and Samsung to commence 5G installation in August 2022. Vodafone has secured the mid-band 5G range (3300 MHz bands) in 17 key focus regions and mmWave 5G spectrum (26 GHz band) in 16 areas to better serve its customers. The quickly approaching 5G era will also boost enterprise solutions and create new possibilities for economic expansion.
Table 1: 5G Spectrum Acquired by Companies in India, Oct 2022
| Company |
5G Spectrum Acquired |
| Airtel |
26 GHz and 3.5 GHz band |
| Jio |
700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands |
| Vodafone |
3300MHz and 26GHz 5G bands |
Source: DoT, Govt. of India
Table 2: Details of 5G Spectrum Bands Acquired by Companies in India
| Company |
Jio |
Airtel |
Vodafone |
| 700 MHz |
220 |
– |
– |
| 800 MHz |
20 |
– |
– |
| 900 MHz |
– |
12.8 |
141.2 |
| 1800 MHz |
60 |
25 |
351.4 |
| 2100 MHz |
– |
30 |
200 |
| 2300 MHz |
– |
– |
30 |
| 2500 MHz |
– |
– |
390 |
| 3300 MHz |
2,440 |
2,200 |
850 |
| 26 GHz |
22,000 |
17,600 |
5,350 |
Source: DoT, Govt. of India
5G Roll out in India
Consequently, the Indian government launched 5G services in the country on 1st Oct 2022, IMC 2022. It showcased several 5G use cases from different telecom service providers in fields including education, health, worker safety, smart agriculture, etc., furthering India’s digital transformation and connectedness. Before that, the government unveiled the homegrown 5G NSA Core created by the Centre for Development of Telematics (CDoT). Various technology demonstrations of business 5G solutions, chipsets, and networking gear created by Indian telecom start-ups, MSMEs, and major manufacturers were also on display. Furthermore, Bharti Airtel and Nokia collaborated to provide visitors with India’s first immersive 5G experience. The Statue of Unity and the Kashi Vishwanath Temple’s cultural beauty were brought to life by Airtel and Nokia, employing holographic images, further highlighting the benefits of the 5G network’s lightning-fast speeds and minimal latency. Airtel has fostered and supported a robust ecosystem of partners and start-ups to enable quicker adoption of next-generation technologies. This involves presenting India’s first 5G experiences on a currently residing 4G network in Hyderabad, conducting India’s debut rural 5G trial, and offering the very first cloud gaming experience on 5G.
Two of the three operators have started the launch of 5G services, even though the first 5G launch began on 1st Oct 2022. The beta trial edition of Jio’s 5G network was officially launched on 5th Oct Jio cordially invited a selected handful of its customers to join its 5G network in the metropolitan areas of Mumbai, Delhi, Varanasi, and Kolkata. To emphasize that it is giving up the most recent “standalone” concept for deploying the 5G network, Jio has termed its network as True 5G. Jio launched the beta testing its True-5G services in Mumbai, Delhi, Kolkata, and Varanasi. Jio True 5G has three advantages over competing for 5G networks: a standalone 5G architecture that is an advanced 5G network with zero reliance on 4G networks; and strong functionalities like low latency, widespread M2M communication, 5G voice, Edge Computing, and network slicing. Jio True 5G provides the most comprehensive and optimal mix of radio spectrum for 5G throughout the 700 MHz, 3500 MHz, and 26 GHz bands, providing an unrivaled blend of coverage, capability, reliability, and price. Jio True 5G successfully unifies these 5G frequencies into a single robust “data highway” using the state-of-the-art carrier aggregation approach. Jio’s Welcome Offer permits its invited customers to experience True-5G services and submit service and customer reviews as Jio’s True-5G network is established in a few major cities.
On 6th Oct 2022, Airtel launched its 5G Plus services in 8 of the nation’s largest cities, following the IMC launch of 5G services. Airtel claims 5G would enable up to 30 times faster download speeds than 4G. According to Bharti Airtel, its network has one million distinct 5G users. Even as the network is being created, the firm reached this milestone less than 30 days after its commercial launch. Additionally, one doesn’t need to change SIM cards because Airtel’s 5G employs non-standalone (NSA) mode, which is compatible with most smartphones with the current Airtel 4G SIM. With Airtel 5G, all 5G-capable handsets in India are compatible.
5G Base Transceiver Stations
The Ministry of Railways, Communications and Electronics & Information Technology (IT) has reported 8,000 Base Transceiver Stations (BTS) by October 2022. Currently, Jio is adding 2500 sites per week, whereas Airtel is adding 1200 sites per week. Jio is setting up two base stations at the same location, one for the 3300 MHz Band and the other for the 700 MHz band. It was also stated that the present weekly average of 3,700 5G tower installations by telecommunications firms needs to be increased to at least 10,000 BTS per week to maintain the speed of 5G roll-out in the country.
Figure 1: 5G Base Transceiver Stations in India, Per Week, Oct 2020
Source: DoT, Govt. of India
Telecom companies’ efforts to expand out the 5G network
In Sept 2022, even before the debut of the 5G service, Airtel unveiled several new items in its cloud portfolio. Edge Cloud Portfolio will incorporate Edge CDN as part of the latest cloud services. For deployment, Airtel will use Qwilt’s Open Edge Cloud service. This will combine a 5G private network with edge computing in a single box, aiming to serve factories, warehouses, ports, and airports that require a network with low latency and high bandwidth IoT devices. Additionally, TCS satisfactorily tested two the use cases on Airtel’s 5G testing ground, including vision-based quality examination and remote robotics operations, demonstrating 5G technologies combined with TCS’ Neural Manufacturing services can change industrial operational activities and significantly enhance quality, efficiency, and security. The company has provided information about the smartphones ready for Airtel 5G Plus on its official website.
Table 3: Details Of Airtel 5G Plus Ready Handsets
| Company |
5G Spectrum Acquired |
| Realme |
25 |
| Xiaomi |
23 |
| Oppo |
13 |
| Vivo |
20 |
| iQOO |
13 |
| Apple |
13 |
| OnePlus |
16 |
| Samsung |
27 |
| Mororola |
11 |
| Others |
25 |
| Total |
186 |
Source: DoT, Govt. of India
Moreover, Vi has teamed with the innovative global smartphone brands Vivo and OnePlus in Sept 2022. Vivo has successfully tested its most recent smartphone launches, the Vivo V25 and T1 5G, on the 5G spectrum bands of Vodafone in New Delhi. A majority of 5G Android-based smartphones, including the Nord 2T, Nord CE 2 Lite, and Nord CE 2, OnePlus flagship devices, including the most recent OnePlus 10T, OnePlus 10 Pro, and OnePlus 10R, as well as Vi’s 5G spectrum bands in Delhi have all been tested.
On November 2022, according to Bharti Airtel, Dr. Babasaheb Ambedkar International Airport Nagpur became the second airport in the state to have access to a super-fast 5G connection. Moreover, Airtel also announced the launch of 5G at Bengaluru’s posh new airport terminal. In Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Siliguri, Nagpur, Varanasi, Panipat, Gurugram, and Guwahati, Airtel 5G Plus service is available.
Conclusion
It is envisaged by the Government of India that the rapid deployment of 5G by telecom operators in India is anticipated to include both everyday use cases from around the world and some special applications tailored to India’s requirements. This will make possible seamless coverage, high data rates, low latency, highly reliable communication, and increased energy, spectrum, and network efficiency. Additionally, it is expected to aid in the real-time monitoring of disasters, precision agriculture, and reducing the involvement of humans in risky industrial processes like deep mines and offshore activities, among others. Moreover, the rollout of 5G in India has provided many opportunities for the telecom sector players in the country. With the support of 5G technology, billions of IoT devices can be connected effortlessly.
Terahertz Technology: Providing Thorough Vision
BlogThe Global Terahertz Technology Market is expected to grow at a CAGR of 25.83% to reach US$1,670.976 million by 2027.
The only portion of the entire electromagnetic wave spectrum that has not seen technical and economic development is the terahertz (THz) frequency range (0.1 THz to 3 THz). It’s commonly acknowledged that this frequency range offers highly intriguing possibilities for a wide range of applications. Terahertz waves have the primary benefit of making many materials that block visible and infrared spectra look transparent in this area. Terahertz technology has a variety of uses, including in the security, pharmaceutical, food, ceramics, wood, and automotive industries. Terahertz technologies have a variety of applications. They can be used for medical imaging, wireless communication, terahertz quality control, and image security.
The advantages offered by terahertz technology in the healthcare and security sector have been major driving factors for the terahertz technology market.
Terahertz technology is increasingly being used in the healthcare industry, including for spectroscopy-based cancer detection, terahertz imaging, and biomedical imaging, among other uses. Furthermore, several chronic diseases and related conditions have been easily diagnosed thanks to the capability of terahertz radiation to produce high-quality spectroscopic imaging. Terahertz radiation has made it possible to perform high-quality spectroscopic imaging and diagnose several chronic conditions with ease, which is expected to develop the market for terahertz technologies even further. The use of terahertz rays in place of conventional X-Rays and infrared radiation has been a crucial step toward using terahertz technology in the healthcare sector, which is anticipated to drive the growth of the worldwide terahertz technologies market.
Additionally, as most objects have distinctive spectral identities in the terahertz range and can be quickly categorized by authorities, terahertz technology may detect toxic materials from a great distance. Terahertz is distinctive as it can be utilized for security in high-risk areas by providing a full description of the object through the combination of spectrum identification and imaging. The ability to recognize dangers like concealed firearms and body-worn bombs is a critical operational requirement considering the prevailing growth in the need for security. Terahertz technology for surveillance and security applications has seen an increased demand in recent years due to the growing priority on detecting hidden devices.
The terahertz technology market is restrained due to technical complexities and ignorance.
The network becomes more complex due to the introduction of ICs and IoT devices. Similarly, drop components, dynamic fiber dampers, and input energy analyzers must be installed in a single compact unit for network monitoring and control, which is not possible with terahertz technologies. As such, this restricts the growth of the market. Furthermore, lack of knowledge and awareness regarding the applications of terahertz technology, particularly in developing countries, is another factor impeding the expansion of this market.
Terahertz technology market has benefited from terahertz technology applications in a variety of industries.
Terahertz technology can be applied to security screening of small items, letters, and envelopes. They are used to identify risks in small packages and mail, including powder, liquids, explosives, and other dangers. Additionally, they can serve as body scanners. Terahertz waves have no ionizing radiation and are totally safe for people to be around, yet they can easily pass through some enclosures and clothing. THz-based people screening technologies are very useful for applications where protecting human health and safety is of the utmost significance.
Due to their negative impact on biological agents, ionizing radiation (X-rays) is refrained from being used for quality control and inspection testing in the food and agriculture industries. terahertz imaging technology is employed in these situations, such as when determining if a robotic arm has correctly placed every candy bar inside the box or when scanning packaged food containers for bugs and unwanted objects. Use of the technology is possible for seeing through PE or cardboard packaging. The use of THz technology to assess the quality of different agricultural items like beans and grains also opens up a wide range of possibilities in this industry.
Terahertz technologies are now commercially available in a wide range of sectors and applications due to advances in semiconductor technology and new material research that have pushed the boundaries of the available technologies. In the automobile sector, terahertz technology can be used for applications including the identification of shattered steel reinforcement, foreign inclusions inside rubber parts, and corrosion in coated metal parts.
The terahertz technology market has profited from efforts to integrate terahertz technologies into new equipment and funding activities by significant enterprises.
North America is anticipated to account for sizable portions of the terahertz technology market throughout the projected period due to the growing security concerns in the region.
Due to the region’s increased focus on homeland security, defense spending, and R&D, North America is a crucial market for terahertz technologies. The market for THz technologies in the region is also being driven by the region’s strict government laws concerning the safety and manufacturing of aerospace technologies in nations like the United States as well as the region’s expanding automotive and aerospace sectors. Due to an increase in the need for security screening equipment in various public spaces, Canada is predicted to experience increasing demand for terahertz technology.
Hybrid Seeds: Better, Stronger, Healthier Yields
Thought ArticlesThe Hybrid Seeds Market is projected to witness a CAGR of 9.19% over the forecast period to reach a total market size of US$37.302 billion by 2028.
A hybrid seed is made by pairing two distinct lineages of the identical plant. The crossing is the initial step in the formation of fruit. The seeds of this fruit are hybrid seeds. Open-pollinated (OP) seeds are recorded as OP types, while hybrid seeds are listed as F1 varieties. To find a formula that consistently yields better results, plant breeders routinely cross types and monitor the outcomes. It could take several years of repetitive process to obtain the perfect cross strain or variant of the seed. The goal is to create a hybrid seed that combines the best genetic characteristics of the two parent plants. Hybrid seeds frequently exhibit qualities like disease resistance, superior flavor or output, early maturity, and other characteristics. Different attributes are desired for various crops and as such, different types of variants are selected for crossing depending on the requirement. Hybrid seeds often perform better than their open-pollinated counterparts as they are made to combine the finest qualities of two strains.
Hybrid seeds provide a number of benefits over heirloom seeds, including the fact that they grow more quickly and easily, adapt to stress better, and generate crops with greater fruits, better returns, pest immunity, and extended shelf lifespan. When there is limited area to cultivate or plant crops, a larger yield per plant is crucial. Reduced losses when harvesting the products are assured by enhanced resistance to specific illnesses. Hybrid seeds also have a longer shelf life, which improves their capacity for storage or shipping. This is very beneficial when a product item must be transported across great distances from the producer to the market.
The market for hybrid seeds is expected to expand throughout the forecasted period as a result of the expansion of the population and the rise in the need for a robust agricultural output.
The demand for fresh fruits, vegetables, and other commodities has increased as people’s concern for their personal health has grown. This demand is aided by the customers’ acceptance of healthy diet modifications. The volume of vegetables and seeds that farmers cultivate and produce has expanded significantly. For instance, the Indian Department of Agriculture & Farmers Welfare estimates that in 2021, India produced more than 103 million metric tons of fruits and approximately 197 million metric tons of vegetables. As a result of the rising demand for and production of fruits and vegetables, there has been an increase in the crossing of seeds in order to produce hybrid seeds with higher quality and larger profit. Due to the population growth, there is now a much greater requirement for food supplies. The increased need for food supply, rising health consciousness, and desire to produce higher yields of food supply are all contributing factors that are expected to significantly influence the hybrid seeds market, which is anticipated to rise rapidly in the upcoming years.
Climate change and difficult implementation processes impede the growth of this industry.
The rising emissions of carbon dioxide and other poisonous gases, which have seriously impacted the climate, have a negative influence on the horticulture and agriculture sectors, which in turn hinder the development of hybrid seeds and its market. The adoption of hybrid seeds has been slowed down by a variety of issues including decreased purchasing power, a dearth of novel kinds that are compatible, increased hybrid seed prices, poor infrastructure, and exorbitant research expenses.
The development of the hybrid seeds market has been aided by initiatives undertaken by key firms to invest and improve products to promote and introduce the benefits of hybrid seeds.
The Filipino company SL Agritech, which conducts research, develops, produces, and distributes hybrid rice seed and premium quality rice, strengthened its advocacy for aiding the Philippines in achieving food security in November 2022 by showcasing hybrid seed technology to farming communities both locally and internationally. In the same year, the company has consistently worked with a variety of organizations to promote high-yielding seed varieties that are meant to help the country produce enough rice to fulfill the demand of the growing population. SL Agritech was joined by 3,000 farmers from around the nation and 500 Agricultural Extension Workers (AEW) from different provinces in the Ilocos Region at the National Rice Technology Forum (NRTF). The organization highlighted the benefits of hybrid seeds through instructional demonstrations and technology forum meetings, allowing farmers to assess the potential of these types and obtain a thorough understanding of the seeds’ actual field performance. The event’s aim was to increase the farmers’ current inbred seeds’ production by at least 2 metric tons (MT).
In October 2022, KKR agreed to invest $300 million in Advanta Enterprises Limited, a global seed company based in Dubai, United Arab Emirates. KKR purchased a 13.33% part in the company that joined UPL Limited, a provider of global agricultural solutions. After the transaction was completed, Advanta started operating as a standalone platform. KKR aims to collaborate closely with the firm to help it grow regionally and internationally, through bolt-on acquisitions and utilizing its wealth of knowledge and experience in strategic carve-outs, the agriculture sector, and enhanced practices in environmental, social, and governance. Advanta is dedicated to sustainable agriculture and provides growers with high-performing hybrid seeds that have been developed using cutting-edge technologies in conventional plant breeding. These seeds have been suited to the local environment.
In January 2023, Royal Queen Seeds, one of the top cannabis seed banks in Europe, revealed its plans to launch and provide real F1 cannabis hybrids with the consistency, stability, and yield quality required by the nascent legal cannabis market. RQS F1 seeds, which are cultivated from only inbred lines, intend to transform the cannabis industry by providing a steady crop and a consistent final product. The unique auto-flowering F1 hybrids are nearly indistinguishable from photo-dependent cannabis plants because of their sturdy construction, pleasing uniformity, and stunning inflorescence structure.
The regions of North America and Europe are projected to account for a sizeable portion of the hybrid seeds market over the forecast period.
The North American region dominates hybrid seed sales, and it is anticipated that it will continue to occupy a substantial portion of the market in the years to come. The Asia Pacific and Latin America areas are predicted to experience considerable growth in the hybrid seed market over the projected period. The Asia Pacific region is one of the key markets for the hybrid seed industry as it is the continent with the highest population as well as the continent with the largest area for cultivation. Some of the world’s most populous countries are located in Asia Pacific, which are expected to result in a rise in the region’s food demand. Other factors, such as the climate and the fertile terrain, have also contributed to the high level of farming output in this region. China and India are the two nations that produce the most significant crops, such as grains and cereals. These factors have caused the region hold substantial shares of hybrid seed industry, and are expected to increase its share during the projected period.
The Surge in Self-Checkout Systems Market in Today’s Cashless-Driven World
BlogThe self-checkout systems market was valued at US$11.041 billion in 2020 and is projected to increase at a CAGR of 19.44% to reach US$38.295 billion by 2027.
Self-checkout systems are automated systems used in the retail, grocery, and hospitality industries to assist customers with self-ordering and checkout without the intervention of workers. Self-service checkout systems are gaining popularity due to their ability to reduce cart abandonment, ensure shorter line-ups than traditional checkout lanes, and free up staff time for other store-related chores. Self-checkout kiosks take up less area than traditional checkout registers. This means that businesses may fit more kiosks into a smaller space while maintaining the same checkout capacity. The lowering of queues further reduces the amount of space required for order processing. Small stores can save money on real estate. Massive retail chains, on the other hand, have even more opportunities to promote their luxury products. The effective implementation of a self-checkout technology can help a business differentiate itself from competitors, optimize the checkout process, and attract more customers. For years, self-checkout solutions have been critical to retail performance, particularly in grocery shops and supermarkets. The global popularity of self-checkout systems has expanded dramatically as a result of retailers’ increasing emphasis on improving consumer happiness and the shopping experience. Furthermore, as investments in improving the patient experience have increased, it has become increasingly frequently used in the healthcare industry.
Increasing automation to expand the market for self-checkout systems
In several worldwide areas, automation is rapidly replacing conventional forces of transformation. Automation is a type of technology that mechanizes a repetitive operation, minimizing the need for human help. Automation can refer to anything from self-checkout lanes at the supermarket to automated teller machines (ATMs) at banks. Self-checkout systems are expected to become more common in warehouses and shop operations as automation spreads throughout industries and organizations such as retail and hospitality. Self-ordering, self-scan and pay, and other features that decrease long line-ups are all contributing factors to their growing market popularity. As a result of the diminishing workforce, the adoption of robotic and automated items has also expanded dramatically in the retail sector over the last several years. Even though some industries have been sluggish to accept automation, there has been an increase in investment in automation globally. According to International Trade Administration, USA, the United States has regularly been chosen as the location for industrial activities by large, international corporations. In reality, manufacturing-related foreign direct investment (FDI) in the United States accounted for 40.1% of all FDI in the country in 2019, and automation is essential to luring this investment and generating employment. Because of technology developments and increased investments in the retail sector, the industry is expanding at a steady rate.
The advancement of retail in-store transformation also adds to growth
Shop owners are progressively investing in technology to address inventory mapping, product information identification, payment, and customer experience difficulties in-store. Retailers prefer modern hardware systems to traditional checkout systems. The most recent hybrid self-checkout systems have enhanced security measures, high-capacity coin dispensing devices, and an intuitive consumer interface, as well as multi-item scanning and cashless transactions. For instance, Fujitsu Frontech North America Inc., a retail technology provider, introduced U-Scan Elite, its sixth-generation self-checkout device in April 2021. U-Scan Elite, built on the Fujitsu cash automated system Smartcash, is intended to provide a small footprint, high-capacity bill, and coin recycling self-checkout solution. The implementation of self-checkout systems assists customers in understanding various product features and promotional offers available in the store and checking out fast without the assistance of the personnel. As a result, self-checkout systems serve as an additional touchpoint for store owners, allowing them to improve client interaction and enhance their shopping experiences. Furthermore, the growing consumer preference for both cash and cashless transactions is forcing shops to install new systems with enhanced capabilities.
The popularity of digital payments is driving a lot of traction for cashless self-checkout systems solutions
Cashless solutions are gaining popularity as consumers’ demand for digital payments and electronic transactions grows. Despite the dominance of cash or paper-based payment transactions, there is a growing preference for electronic payments among middle-aged customers and millennials. The COVID-19 epidemic has accelerated financial inclusion, resulting in significant growth in digital payments in tandem with the global expansion of formal financial services. According to a press release by the WHO in June 2022, the pandemic has increased the use of digital payments. Over 40% of adults in low and middle-income nations made merchant in-store or online payments using a card, phone, or the internet for the first time since the pandemic began. More than a third of adults in all low- and middle-income economies paid their power bills straight from a formal account. Following the outbreak, more than 80 million adults in India and over 100 million adults in China made their first digital merchant payment. Furthermore, the availability of digital payment options and the growing trend of mobile commerce are pushing the cashless self-checkout systems segment.
COVID-19 Insights
The COVID-19 pandemic has had a detrimental influence on the market due to required government limitations and the closure of malls, shops, retail stores, and hypermarkets. For a time, the hardware supply chain was disrupted due to lockdowns in various countries and difficulty in import-export transactions. These had a huge impact on the Self-checkout system’s global manufacturing facilities. On the plus side, during the COVID-19 pandemic, the urge to preserve social distancing, reduce waiting time, and provide products outside of retail shop premises fuelled overall industry growth. The market is primarily driven by rising retail space costs and longer consumer lines to order or check out. Furthermore, a lack of qualified laborers in developing countries, growing labor prices, relaxation on lockdown, and a need for individualized shopping experiences are some of the major factors driving market expansion.
How Technological Advancements Have Influenced the Global Insulin Delivery Devices Market
Thought ArticlesThe worldwide insulin delivery devices market is expected to increase at a compound yearly growth rate of 6.11% from US$11.938 billion in 2020 to US$18.085 billion by 2027.
The growing number of patients requiring daily insulin administration has resulted in a preference for patient-friendly self-administered devices like pens and pumps. Furthermore, the number of diabetes patients is increasing not just in industrialized nations, but also in emerging markets. This is predicted to spur growth for insulin delivery solutions, as people become more aware of innovative diabetes care technologies. Insulin oversees maintaining blood sugar levels and assisting in the greatest possible accomplishment of all biological and cell workouts. Obesity is well acknowledged as a major contributor to the progression of diabetes in humans. As a result, the massive diabetic population is pushing the demand for insulin delivery devices. Moreover, artificial pancreas and home injection therapy are two key trends in the global insulin delivery devices industry. According to the United Nations Department of Economic and Social Affairs, around 901 million people were aged 60 or over in 2015, with this figure expected to rise to 1.4 billion by 2030. As a result, the growing older population is likely to increase the amount of share in the insulin delivery devices market.
The rising frequency of diabetes-related mortality worldwide, along with an increase in the number of children with diabetes who require insulin for treatment, is expected to drive market expansion over the projected period.
With the launch of innovative products, companies have contributed to the market’s future growth. For example, Abbott and Tandem Diabetes Care agreed in June 2020 to develop and market integrated diabetes solutions that integrate Abbott’s continuous glucose monitoring (CGM) innovation with Tandem’s unique insulin delivery devices to give individuals with more diabetes management alternatives. Additionally, A. Menarini Diagnostics officially released its tubular, wearable, and disposable syringe pump in Europe under the diabetes treatment name “GlucoMen Day PUMP” in September 2022. EOPatch is one of only two commercially available entirely reusable, wearable insulin pump devices in the world. EOFlow announced a five-year global distribution arrangement with Menarini, a diabetes treatment, and lab equipment company, in 2019. The $115 million distribution arrangement spans 17 nations.
The growing prevalence of diabetes and obesity will lead the market share to expand
According to the International Diabetes Federation, the global diabetes population is expected to reach 500 million by 2030. Insulin is delivered to diabetic patients via insulin-delivery devices such as syringes, pumps, pens, and jet injectors. Insulin, a glucose-directing hormone, is a crucial component of many patients’ treatment plans for advanced type 2 diabetes mellitus (T2DM) and T1DM. The most frequent method of administering insulin is subcutaneous injections. According to the International Diabetes Federation (IDF) Diabetes Atlas Ninth Edition 2019, about 463 million persons aged 20 to 79 years have diabetes, with the number expected to climb to 700 million by 2045. Therefore, the rising number of diabetics as a result of age, obesity, and poor diets is one of the primary reasons driving market development. Obesity is thought to be a key cause of the formation of diabetes in people. Therefore, the prevalence of type 1 diabetes is expected to boost the worldwide insulin delivery devices market. Due to that reason, healthcare companies are launching products that are enhanced and improved to provide better treatment for patients.
For example, the MiniMed 770G System, a composite diabetes management device intended to automatically monitor glucose and provide suitable basal insulin doses with minimal or no input from users or carers, was approved by the US Food and Drug Administration (FDA) in 2020 for use by people aged 2 to 6 with type 1 diabetes. Furthermore, India Medtronic Private Limited announced the release of the MiniMedTM 780G system in India in March 2022 for the treatment of type 1 diabetes in patients aged 7 to 80 years. The device, which leverages the company’s most sophisticated SmartGuardTM technology, automates the distribution of both basal glucose and corrective boluses within five minutes to assist diabetics to avoid lows and highs with more ease.
The implementation of technological advancements in addition to the rising healthcare sector is anticipated to surge the market trend.
The integration of advanced technology in addition to the market developments made by the companies will positively contribute to the market profitability in the long run. For instance, Diabeloop, a developer in therapeutic AI, and Terumo Corporation struck a deal in November 2020 for the collaborative development and exclusive distribution agreements in Japan of an autonomous insulin administration (AID) system. Terumo’s revolutionary insulin patch pump will be included in the Diabeloop-developed system.
Moreover, Ypsomed announced in November 2022 that its mylife Loop is allowed to function with Abbott’s FreeStyle Libre 3 sensor in Germany. The mylife YpsoPump and FreeStyle Libre 3 create an intelligent and autonomous insulin delivery system (AID) created to assist persons with type 1 diabetes in better regulating their glucose levels and lessen the stress of everyday diabetes care.
Similarly, Roche Diabetes Care India announced the launch of ACCU-FINE, high-quality pen needles in May 2022. According to the business, the goal of these needles is to make insulin delivery easier and less painful for persons with diabetes. The ACCU-FINE Pen Needles are carefully created with three important qualities to make them gentle in use, based on extensive user feedback. The ACCU-FINE needles are offered in bundles of 100 in three versions, including a 33G 4mm variation, which is a first in India.
During the projected period, North America is expected to hold a significant amount of the market share.
The global insulin delivery devices market is divided into five areas based on geography: North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. Geographically, North America is considered to generate the maximum market revenue due to the rising cases of obesity and diabetes over the years. Accordance to the Canadian Diabetes Association, the incidence of diabetes in Canada is increasing and is expected to reach 5 million by 2025. Thus, the vast patient population suffering from diabetes, as well as its increasing prevalence, is projected to drive growth in this region.
Japan 5G Devices Market size of US$23.006 billion by 2028
Press ReleasesKnowledge Sourcing Intelligence releases the publication of a new analysis report on the market “Japan 5G Devices Market – which is projected from 2022 to 2028”.
Japan 5G devices market is estimated to grow at a CAGR of 10.49% to reach a market size of US$23.006 billion by 2028.
Japan 5G devices market are anticipated to surge during the projected period primarily due to the increasing adoption of 5G networks in addition to the implementation of those into consumer devices such as smartphones and others. For instance, SoftBank launched its 5G millimeter wave (mmWave) service in Japan in March 2021, using Qualcomm Snapdragon 5G Mobile Platforms and Modem-RF Systems. SoftBank first marketed the “Pocket WiFi 5G A004ZT” 5G mmWave mobile hotspot. Qualcomm claims that Qualcomm Technologies’ 5G mmWave products power all the initial 5G mmWave-compatible mobile devices in SoftBank’s lineup, including 5G smartphones.
As per the report, the market is expected to grow at a steady pace.
With the rising use of 5G connectivity in Japan, various operators have announced plans to increase their 5G coverage, which will influence the Japanese 5G device market. DoCoMo, for example, had approximately 82 million customers in March 2021, making it the largest of Japan’s main mobile providers. The provider, which debuted its 5G service in 2020, plans to have 70% of the country covered by 5G by the first part of 2023. Therefore, due to such developments made in the 5G ecosystem by the operators in Japan, the market for 5G devices in this region is projected to grow during the upcoming years.
Based on device type, the market are segregated into smartphones, modules, FWA CPE, industrial routers, and others. The smartphones and FWA CPE segment are anticipated to account for the highest number of shares in the market due to the rising implementation of the 5G network into these products. For instance, in May 2020, according to Fibocom, the FG360-JP solution passed interoperability testing (IOT) with NTT DOCOMO and has received the JATE and TELEC certifications required for wireless goods to be utilized in Japan. The module on NTT DOCOMO’s 5G network can allow a broad range of IoT applications, including FWA CPE, ODU, gateway, router, MIFI, industrial monitoring, telemedicine, and so on.
Based on the 5G deployment, the market are classified into Standalone (SA) and Non-Standalone (NSA). With the rising deployment of the 5G Standalone (SA) network in the region, this segment is expected to expand. For instance, KDDI, a Japanese telecom company, launched the first ever commercially available 5G standalone open radio access network (Open RAN) in February 2022. The construction of O-RAN compatible 5G Open vRAN sites by KDDI utilizing Samsung’s virtualized technology is a significant step toward attaining the connectivity and speed necessary for the next wave of wireless networks. Furthermore, SoftBank introduced 5G Standalone services in October 2021 in connection with the release of its new 5G-compatible SoftBank Air terminal, dubbed “Air Terminal 5”.
As a part of the report, the major players operating in the Japan 5G devices market, that have been covered include Samsung Electronics Co., Ltd, Apple Inc., Fibocom, MediaTek Inc., Fujikura Ltd, Telit Communications PLC, Siemens, and, Lenovo.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/japan-5g-devices-market
This analytics report segments the Japan 5G devices market on the following basis:
Automotive Industry to Steer the Growth of Servo Motors and Drives Market
BlogThe servo motors and drives market is expected to grow at a CAGR of 6.01% over the forecast period 2020 to 2027.
Machines that need precise position control typically use servo motors and drives. Electric servomechanisms are driven by specifically engineered devices called servo motors and drives, which have a wide range of applications in numerous industry sectors. These high-power devices enable higher device performance, assisting in boosting the effectiveness of semiconductor power devices. They are used in a closed-loop system that employs position feedback to control the rotational speed, and they include both AC and DC motors. Currently, servo motors are typically employed in large industrial applications for control needs. They employ derivative control algorithms (proportional-integral), which allow the engine to be swiftly brought into place by being able to adjust the shaft’s speed. Speed and position sensing are features of servo motors used in industrial applications.
The market is expanding as a result of the rising demand for energy-efficient products and the development of new technologies. The manufacturing capacity of various industries, including semiconductors, automobiles, and packaging, is increased due to servo motors and drives. Reduced machine size, new robotics trends, and lightweight machines offer servo motors a strong potential to grow and drive the industry. Additionally, due to fierce competition, various businesses are implementing various strategies to increase their margins. Industrial robots are frequently employed in manufacturing, sorting, and assembling processes. The connection between the magnets and the winding is made possible by rotary servo motors, which also have the advantages of high-resolution accurate feedback, high torque density, and low energy consumption. The development of the industry is also being aided by these and other technical breakthroughs, such as the incorporation of artificial intelligence (AI) and the Internet of Things (IoT) into connected devices.
Increased automation in the automotive industry to drive the market for servo motors and drives market
In automobiles, servo motors and drives are used in systems for anti-lock brakes, fuel injection, and cruise control. Furthermore, robots are widely used in automotive assembly lines for tasks including material handling, automated chassis assembly systems, and painting, among others. The logistics sector is gaining from the use of automation solutions, which are made possible by servo motors and drives, while the automobile industry pushes forward with the adoption of automation technology to increase productivity. In recent years, automakers have automated their factories in an effort to decrease the number of issues on the shop floor, increase productivity, and lower operating expenses. Collaborative robots, or “co-bots,” are used at the factories of Ford, Mercedes-Benz, GM, and BMW. The market for servo motors and drives is being driven by numerous organisations that have been identified to follow suit by automating their facilities in order to improve returns and efficiency.
The demand for industrial robots in the automotive industry is primarily driven by the increasing adoption of automation in manufacturing processes as well as the inclusion of digitalization and AI.
According to a 2021 report by the Advanced Robotics for Manufacturing, a Department of Defense (US) agency, experts predict that up to 75% of vehicles will be produced by robots by the year 2025. The market for servo motors and drives in the automotive industry is therefore expected to grow over the projected period as a result of this increased adoption of automation and robotics.
Key market developments
New product offerings, research and development, increased mergers and acquisitions, and market investment will thereby increase the demand for servo motors and drives. For instance,
The Asia-Pacific region is expected to hold a significant share of the market in the coming years
Due to the multiple government-led initiatives aimed at the manufacturing sector, Asia-Pacific is anticipated to have one of the fastest-expanding economies during the projection period. Positive economic prospects and expanding manufacturing sectors in India, South Korea, China, Indonesia, Japan, and several other nations in the Asia-Pacific region are principally responsible for the market expansion for servo drives and motors. Companies in the region are introducing new products and expanding their operations. For instance, Yaskawa Electric Corporation, a Japanese company, stated that in August 2020, the total number of AC servo motor shipments had reached 20 million. Additionally, this dominance is due to quick industrialization, the expanding semiconductor industry, expanding automotive and other industries, rising government initiatives, and funding for numerous projects for smart and digitalized infrastructure.
Exploring the 5G Ecosystem in India: Opportunities and Challenges
Thought ArticlesWith the advent of 5G in India, mobile operators in India have the chance to expand into international markets, and consumers benefit from the economies of scale. The economic potential of any nation can rise with the aid of high-speed connectivity, and in turn, 5G technology will have a prominent role in shaping the future. Almost every sector of the economy is going through a digital transformation fueled by connectivity. The Indian government established the High Level 5G India 2020 Forum in 2017, which includes three secretaries of important Ministries/Departments, including Telecom, Meity, and DST, as well as famous specialists like academicians, stakeholders from industry organizations, and IT industry professionals. The main objectives of the forum are to deploy 5G in India as soon as possible and to create a manufacturing and product development ecosystem that is globally competitive, aiming to capture 10% of the global market and 50% of the Indian market over the next five to seven years. To foster innovation and research in 5G, the government has created a program called “Building an End-to-End 5G Test Bed.” The funding for this three-year initiative was authorized at Rs 2,240 million (USD 25 million), and it started in March 2018. The SAMEER, CEWIT, IITs in Madras, Hyderabad, Delhi, Kanpur, and Bangalore’s Indian Institute of Science (IISc) received the program reward. The program’s objective is to create 5G proof-of-concept prototypes that broadly adhere to 3GPP specifications.
Research and Investments by Telecom Operators
According to a joint official statement by Reliance Industries Limited and Jio Platforms Limited, Qualcomm Ventures agreed to invest up to Rs. 730 crores (USD 85 million) in Jio Platforms in July 2020 at an equity valuation of Rs. 4.91 lakh crore and a firm value worth Rs. 5.16 lakh crore. With this investment, Qualcomm and Jio Platforms’ relationship will be strengthened as Jio Platforms rolls out sophisticated 5G infrastructure and services for Indian users.
Further, Airtel and Ericsson carried out the first 5G network demonstration in India in a rural area in Oct 2021. Although the location was more than 10 kilometers from the test site, a commercially available 3GPP-based 5G handset could connect to the 5G test network and achieve 100+ Mbps speeds throughout the trial. Further, Airtel claimed to have completed India’s first 5G testing in the 700 MHz bands in collaboration with Nokia in Nov 2021. Nokia’s 5G portfolio featured Nokia AirScale radios and a standalone (SA) core, both of which were deployed by Airtel. Additionally, Airtel and Capgemini announced their agreement in December 2021 to combine their experience in networking, 5G solutions, and System Integration (SI) abilities to provide enterprise-grade 5G solutions to the Indian market. The development centers will be Capgemini’s and Airtel’s 5G labs, both of which are located on their campuses in Mumbai. In the 5G Lab at Airtel, Capgemini has indeed presented two 5G use cases. These emphasize smart health and comprehensive remote support for site repairs and operations. These use-case solutions use augmented reality, computer vision, video analytics, and AI/ML technology.
Moreover, Vi and Ericsson declared that their 5.92 Gbps peak download speed during the 5G trials represented a technological milestone in May 2022. Vi achieved the mark for the first time while conducting 5G testing in Pune, Maharashtra, using Ericsson Massive MIMO radios, the New Radio-Dual Connectivity software, and a dual-mode 5G core for Standalone architecture. The trials combined 5G trial spectrums from the mid-band plus high-band (mmWave) bands. To accelerate the adoption of 5G devices in India, trials on utilizing street furniture to deploy aerial fiber and small cells were conducted by Vodafone Idea (Vi) in July 2022 in Bhopal and Bangalore. These pilot projects seek to provide accessibility to cross-sectoral infrastructure to hasten the rollout of 5G networks. 5G small cells were tested using street furniture such as foot-over bridges, city bus shelters, street light towers, smart lamp posts, billboards, indication boards, and street signs.
Spectrums Acquired by Telecom Operators
The major Indian network carriers acquired 5G spectrum during the auction conducted by the Department of Telecommunications (DoT), Government of India, in August 2022 and formed various collaborations to expand the 5G ecosystem. Jio, India’s leading digital service provider, secured spectrum in the bands of 700MHz, 800MHz, 1800MHz, 3300MHz, and 26GHz.This will allow Jio to create the most cutting-edge 5G network worldwide and further consolidate India’s position as a world leader in wireless internet connectivity. Additionally, Airtel secured a 19,800 MHz spectrum by securing a 26 GHz and 3.5 GHz band footprint over all of India for a total value of Rs 43,084 cr. Airtel acquired 5G spectrum for two decades via this auction. Airtel revealed that it had reached 5G network partnerships with Ericsson, Nokia, and Samsung to commence 5G installation in August 2022. Vodafone has secured the mid-band 5G range (3300 MHz bands) in 17 key focus regions and mmWave 5G spectrum (26 GHz band) in 16 areas to better serve its customers. The quickly approaching 5G era will also boost enterprise solutions and create new possibilities for economic expansion.
Table 1: 5G Spectrum Acquired by Companies in India, Oct 2022
Source: DoT, Govt. of India
Table 2: Details of 5G Spectrum Bands Acquired by Companies in India
Source: DoT, Govt. of India
5G Roll out in India
Consequently, the Indian government launched 5G services in the country on 1st Oct 2022, IMC 2022. It showcased several 5G use cases from different telecom service providers in fields including education, health, worker safety, smart agriculture, etc., furthering India’s digital transformation and connectedness. Before that, the government unveiled the homegrown 5G NSA Core created by the Centre for Development of Telematics (CDoT). Various technology demonstrations of business 5G solutions, chipsets, and networking gear created by Indian telecom start-ups, MSMEs, and major manufacturers were also on display. Furthermore, Bharti Airtel and Nokia collaborated to provide visitors with India’s first immersive 5G experience. The Statue of Unity and the Kashi Vishwanath Temple’s cultural beauty were brought to life by Airtel and Nokia, employing holographic images, further highlighting the benefits of the 5G network’s lightning-fast speeds and minimal latency. Airtel has fostered and supported a robust ecosystem of partners and start-ups to enable quicker adoption of next-generation technologies. This involves presenting India’s first 5G experiences on a currently residing 4G network in Hyderabad, conducting India’s debut rural 5G trial, and offering the very first cloud gaming experience on 5G.
Two of the three operators have started the launch of 5G services, even though the first 5G launch began on 1st Oct 2022. The beta trial edition of Jio’s 5G network was officially launched on 5th Oct Jio cordially invited a selected handful of its customers to join its 5G network in the metropolitan areas of Mumbai, Delhi, Varanasi, and Kolkata. To emphasize that it is giving up the most recent “standalone” concept for deploying the 5G network, Jio has termed its network as True 5G. Jio launched the beta testing its True-5G services in Mumbai, Delhi, Kolkata, and Varanasi. Jio True 5G has three advantages over competing for 5G networks: a standalone 5G architecture that is an advanced 5G network with zero reliance on 4G networks; and strong functionalities like low latency, widespread M2M communication, 5G voice, Edge Computing, and network slicing. Jio True 5G provides the most comprehensive and optimal mix of radio spectrum for 5G throughout the 700 MHz, 3500 MHz, and 26 GHz bands, providing an unrivaled blend of coverage, capability, reliability, and price. Jio True 5G successfully unifies these 5G frequencies into a single robust “data highway” using the state-of-the-art carrier aggregation approach. Jio’s Welcome Offer permits its invited customers to experience True-5G services and submit service and customer reviews as Jio’s True-5G network is established in a few major cities.
On 6th Oct 2022, Airtel launched its 5G Plus services in 8 of the nation’s largest cities, following the IMC launch of 5G services. Airtel claims 5G would enable up to 30 times faster download speeds than 4G. According to Bharti Airtel, its network has one million distinct 5G users. Even as the network is being created, the firm reached this milestone less than 30 days after its commercial launch. Additionally, one doesn’t need to change SIM cards because Airtel’s 5G employs non-standalone (NSA) mode, which is compatible with most smartphones with the current Airtel 4G SIM. With Airtel 5G, all 5G-capable handsets in India are compatible.
5G Base Transceiver Stations
The Ministry of Railways, Communications and Electronics & Information Technology (IT) has reported 8,000 Base Transceiver Stations (BTS) by October 2022. Currently, Jio is adding 2500 sites per week, whereas Airtel is adding 1200 sites per week. Jio is setting up two base stations at the same location, one for the 3300 MHz Band and the other for the 700 MHz band. It was also stated that the present weekly average of 3,700 5G tower installations by telecommunications firms needs to be increased to at least 10,000 BTS per week to maintain the speed of 5G roll-out in the country.
Figure 1: 5G Base Transceiver Stations in India, Per Week, Oct 2020
Telecom companies’ efforts to expand out the 5G network
In Sept 2022, even before the debut of the 5G service, Airtel unveiled several new items in its cloud portfolio. Edge Cloud Portfolio will incorporate Edge CDN as part of the latest cloud services. For deployment, Airtel will use Qwilt’s Open Edge Cloud service. This will combine a 5G private network with edge computing in a single box, aiming to serve factories, warehouses, ports, and airports that require a network with low latency and high bandwidth IoT devices. Additionally, TCS satisfactorily tested two the use cases on Airtel’s 5G testing ground, including vision-based quality examination and remote robotics operations, demonstrating 5G technologies combined with TCS’ Neural Manufacturing services can change industrial operational activities and significantly enhance quality, efficiency, and security. The company has provided information about the smartphones ready for Airtel 5G Plus on its official website.
Table 3: Details Of Airtel 5G Plus Ready Handsets
Source: DoT, Govt. of India
Moreover, Vi has teamed with the innovative global smartphone brands Vivo and OnePlus in Sept 2022. Vivo has successfully tested its most recent smartphone launches, the Vivo V25 and T1 5G, on the 5G spectrum bands of Vodafone in New Delhi. A majority of 5G Android-based smartphones, including the Nord 2T, Nord CE 2 Lite, and Nord CE 2, OnePlus flagship devices, including the most recent OnePlus 10T, OnePlus 10 Pro, and OnePlus 10R, as well as Vi’s 5G spectrum bands in Delhi have all been tested.
On November 2022, according to Bharti Airtel, Dr. Babasaheb Ambedkar International Airport Nagpur became the second airport in the state to have access to a super-fast 5G connection. Moreover, Airtel also announced the launch of 5G at Bengaluru’s posh new airport terminal. In Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Siliguri, Nagpur, Varanasi, Panipat, Gurugram, and Guwahati, Airtel 5G Plus service is available.
Conclusion
It is envisaged by the Government of India that the rapid deployment of 5G by telecom operators in India is anticipated to include both everyday use cases from around the world and some special applications tailored to India’s requirements. This will make possible seamless coverage, high data rates, low latency, highly reliable communication, and increased energy, spectrum, and network efficiency. Additionally, it is expected to aid in the real-time monitoring of disasters, precision agriculture, and reducing the involvement of humans in risky industrial processes like deep mines and offshore activities, among others. Moreover, the rollout of 5G in India has provided many opportunities for the telecom sector players in the country. With the support of 5G technology, billions of IoT devices can be connected effortlessly.
Solid-State Transformers Harnessing Renewable Energy Production
BlogThe solid-state transformer market is valued at US$158.820 million for 2020 and is expected to grow rapidly during the forecast period of 2020 to 2027.
SSTs (Solid-State Transformers) are made up of control circuits, high-power semiconductors, and high-frequency transformers. It is sometimes referred to as a smart transformer or an intelligent universal transformer. Smart transformers enable seamless AC-DC and DC-AC conversions as needed, providing for greater control over power distribution networks. When linked to the power grid, solid-state transformers manage voltage variations independently. The smart grid can receive voltage data, and remote administration can be used to carry out corrective operations. A well-designed power supply is essential for operations like the production of alternative energy using solar and wind turbines. A solid-state transformer has a number of advantages over conventional transformers, including being more robust and reliable, efficient in use, and relatively less expensive.
The market for solid-state transformers is expected to grow as a result of factors such as the increasing integration of renewable energy sources into the mix of power generation and growing investment in smart grid technology. The technological advantages of solid state transformers over conventional transformers are also going to be a driving force for the solid state transformer market. Solid-state transformers are most commonly used in alternative power generation, which is propelling the market expansion. Additional factors propelling expansion in the global solid-state transformer market include the increasing usage of renewable energy sources like solar and wind energy as well as traction locomotives. Furthermore, it is anticipated that the ageing transmission and distribution infrastructure will support growth in the solid-state transformer market in addition to the increased adoption of renewable energy sources. Inadequate SST testing infrastructure and expensive initial investment costs, however, are projected to impede the expansion of the solid-state transformer market.
Solid-state Transformers are being used increasingly in the production of Renewable Energy
Power generation from wind, solar, and tidal energy frequently makes use of solid state transformers. The market for solid-state transformers is growing as more developed nations place a focus on these efficient energy-generating solutions. Since they may serve as STATCOMs and step-up transformers, solid state transformers are frequently used in wind farms. Such elements have impacted the market growth for solid state transformers in recent years. According to estimates, the market for solid-state transformers will continue to expand as more people start using these alternative energy sources. For the installation of solar or wind energy, solid-state transformers are required. Grids are connected to electricity sources using solid-state transformers.
New renewable power plants and rising energy consumption will drive the solid-state transformer market. Additionally, renewable energy sources have been stressed by the government, research institutions, and other organisations as a way to produce electricity. The World Economic Forum reports that a total of $14.5 billion was invested in renewable energy, an increase of 125% from the fiscal year 2020–21. It is anticipated that this trend will persist across different economies. For instance, the Indian government announced an excess capital infusion of Rs. 10 billion for the Solar Energy Corporation of India (SECI) and Rs. 15 billion for the Indian Renewable Energy Development Agency (IREDA) as part of the Union Budget for 2021–22. Additionally, it is anticipated that demand would increase throughout the estimated period due to the growing deployment of smart transformers based on SST technologies in electric car and renewable energy stations for electric flows controllability and DC connectivity.
Key market developments
Technological advancements, research and development, new product offerings, increased mergers and acquisitions, partnerships and collaborations, and market investment will thereby increase the demand for solid-state transformers. For instance,
The Asia-Pacific region is expected to hold a significant share of the market in the coming years.
During the forecast period, Asia-Pacific is anticipated to contribute significantly to the solid-state transformer market. When compared to other nations, China is the one that contributes the most to the market. India and Japan are gradually expanding their markets. Additionally, as the population grows, there is a corresponding rise in the need for energy production. As a result, the Asia-Pacific area has a higher population density, which has resulted in a sharp spike in demand for solid-state transformers. Due to the region’s increased need for energy production, governmental organisations are investing in the production of energy from renewable sources like wind, solar, and tidal energy. In order to generate energy, power grids are heavily used, which has a significant impact on the growth of the solid-state transformer market.
Solid State Transformer Market Scope:
The Terrifying Potential of the 5G Devices
White PapersIntroduction
In 5G networks, a cell is a service area denoted small geography. Every 5G device in a cell is connected to the Internet or phone network via an antenna built into the cell. In January 2022, the count of announced 5G devices increased by 1.5% to 1,276 devices. Of these, 873 are believed to be available commercially, accounting for 68.4% of all 5G devices announced. The commercial 5G devices have increased by 15.6% over the previous quarter according to the GSA report in February 2022. More than 400 5G smartphone models were released by 2021. At the start of 2021, 5G device shipments were on par with, if not exceeding, projections according to the Ericsson Mobility Report, in November 2021. 5G handsets accounted for 23% of global volumes in the tenth quarter of the cycle, compared to 8.7% for 4G at the same point in its cycle. Devices that support carrier aggregation using New Radio are becoming more common. The demand for real-time communication services, such as network slicing, is likely to rise as a result of massive expenditure on extended reality headsets and wearables devices. (Fixed Wireless Access) FWA will offer broadband to over 800 million people by 2027, through around 230 million connections boosting the demand for routers and modules. During the third quarter, 5G subscribers increased by 98 million, reaching over 570 million. More than 660 million 5G subscribers are expected by the end of 2021 owing to higher-than-expected demand in China and North America, aided in part by rolling out of 5G devices at lower prices.
The demand for 5G devices is predicted to rise exponentially because of the growing connectivity, digital applications, and wearable technologies. Furthermore, updating current supporting infrastructures, such as modems, towers, and other equipment, is opening the doors for new participants. Emerging applications and business models, as well as lower device costs, have aided in IoT adoption, growing number of connected devices and endpoints around the world. Several manufacturers, such as Qualcomm and MediaTek, are introducing 5G chipsets, which are being used by several smartphone manufacturers. Previously, 5G support was limited to just flagship devices; however, mid-range handsets are now supporting 5G to provide more affordable chipsets in the market. One of the key benefits of 5G technology is that it offers more bandwidth, allowing for faster internet and download speeds. Download speed of up to 10 gigabits per second is also being made possible on 5G networks.
5G Subscriptions are expected to touch or exceed 4.4 billion by 2027 according to Erricson
Breakthroughs in the 5G devices sector
The Roll-Out of Smartphones has Skyrocketed
Increased technical breakthroughs and the need for ultra-high latency, ultra-low bandwidth, and enormous connectivity are projected to propel the industry forward. The increased demand for high-speed data connectivity for integrated IoT applications such as energy management and smart home products is expected to accelerate the adoption of 5G smartphones. Customers want the best-in-class 5G smartphone experience, thus industry players are concentrating on that.
How Collaborations have Shaped the Industry
Device manufacturers, operators, and software companies have formed multiple levels of relationships, as well as a significant amount of investment. According to Gibson, collaborations that are driving the 5G market are already emerging.
Impact of Covid-19 on the adoption of 5G gadgets
With the support of IoT, 5G technology will provide ultra-high-speed network coverage and enable a slew of new applications. Because of the COVID-19 epidemic, 5G deployment has been pushed back. According to Ericsson’s mobility report from November 2020, the net addition of mobile subscriptions in Q3 2020 was 11 million. This is due to the global epidemic and the resulting lockdown limitations. By the end of 2026, it expects 8.8 billion mobile subscriptions. COVID-19’s spread has caused a severe supply chain disruption, which has slowed the rollout of 5G in the near and medium-term. As a result, the main 5G hardware delays, as well as the broader consequences of the economic downturn, apply. To deal with the current problem, the Federal Communications Commission (FCC) has mandated service providers to give more bandwidth to homes for 60 days. However, a 5G connection is projected to alleviate network connectivity problems in the long run.
What does the future hold for 5G devices?
Apple is working on its own in-house modem chips, similar to the Apple silicon and A-series processors, which will allow the corporation to lessen its dependency on modem chip manufacturers. Apple’s analyst Ming-Chi Kuo recently predicted that the company might switch to its own 5G modems as soon as 2023. According to Nikkei Asia, Apple plans to build its own 5G modems for all future iPhones in collaboration with Taiwan Semiconductor Manufacturing Company (TSMC). If successful, the Cupertino-based company’s reliance on Qualcomm would be reduced.
Apple, Microsoft, Meta, Qualcomm, and Google are among the businesses working on AR and VR headsets. Meta announced its Project Cambria in October 2021 but the VR headgear will be released in 2022, likewise, Apple’s first headset is expected to be released in 2022. T-Mobile announced in November 2021 that it will be the official North American launch partner for Qualcomm’s upcoming Snapdragon Spaces XR Developer Platform. In addition, starting in spring 2022, T-Mobile will engage directly with companies and developers to deliver immersive 5G experiences for AR glasses spanning entertainment, gaming, and other industries through the T-Mobile Accelerator. Further, in February 2022, Motorola and Verizon teamed up to design and engineer a neckband that would work with lightweight XR headsets such as Lenovo’s ThinkReality A3 smart glasses. It has a small remote control-like pendant with the Snapdragon 8 Gen 1 processor, a 5,000mAh battery, a touchpad, a SIM card slot, speakers, and a range of sensors such as the gyroscope and barometer, and it looks like a necklace. The FCC has cleared the product.
The Orbic Speed 5G UW is a portable hotspot that can connect up to 30 Wi-Fi enabled devices for up to 12 hours at 5G speed. It is expected to release in 2022 with a long-lasting, rechargeable 4,400 mAh battery. Further, 5G’s high speeds and minimal latency could make energy transmission more cost-effective. Faster broadband speeds could contribute to more efficient energy grid management, which might lead to less downtime. In the case of a power outage, for instance, 5G-enabled smart power grids might instantly deliver data and sensor-based insights into the problem. In Hawaii, a system designed in conjunction with Verizon analyses outages and monitors meters, which is an example of this sort of smart grid.
Screenless Display Transforming Medical Training and Diagnosis
BlogThe screenless display market was valued at US$1.078 billion in 2020 and is expected to grow at a CAGR of 29.86% to reach a market size of US$6.713 billion in 2027. The latest display technology screenless display replaces the use of touch screen technology to address various issues. A screenless display uses reflective materials like mirrors, plastic sheets, and fog to reflect the visual information. Due to its portability to virtually any location with a sufficient radius, the development of this technology resolves the issue of display space. The sector is expected to grow as a result of the use of screenless displays, which is anticipated to address privacy and security flaws and reduce the likelihood of error. 3D pictures can be projected by these screenless monitors. This technology makes it incredibly easy to turn a mobile phone into a television. Screen-based displays and two-dimensional graphics have a number of limitations which can be avoided. This technology for screenless displays makes use of interactive projection, 3D projection, and visual presentation. The retinal display, synaptic interface, and visual image display are the three categories of screenless displays.
The significant technological breakthroughs occurring in the consumer electronics sector are expected to cause an exponential increase in the use of screenless displays over the course of the forecast period. The market for touch screens is expected to be significantly impacted by screenless displays in the near future, despite the fact that this technology is still in its infancy and is still developing. Screenless displays are low-power and space-consuming. Screenless displays have improved security, and during the forecast period, security and privacy will fuel the market’s growth. The screenless display market is, however, being constrained by problems such as low consumer awareness of the technology, low availability, and high prices. The market is anticipated to have profitable growth due to the increasing demand for gaming solutions.
The adoption of screenless displays in medical demonstrations and training is expected to drive the market.
Medical applications often use screenless displays, and it is anticipated that the growth of the healthcare industry will increase demand for these types of displays. The market expansion in the healthcare sector is driven by doctors’ increased usage of screenless displays to monitor patients’ infected areas during operations. Holograms have an advantage over screen displays because they allow instructors and students to watch a 3D image simultaneously and respond to any queries by engaging with the display. The training of healthcare professionals can use any type of screenless display. Each one can offer a sizable demonstration of bacteria, anatomy, cells, or anything else that cannot be seen with the naked eyes.
When the laser and object beams intersect, 3D pictures in holographic projections appear to be floating in the air. In the medical field, hologram technology is utilised to project a comprehensive 3D image of inside organs and body components. This enables medical professionals to evaluate illnesses and injuries more thoroughly, leading to an accurate diagnosis.
The most effective technology for preserving patient privacy could be wearable screenless gadgets. In the US, for example, employees are required to abide by HIPPA guidelines (Health Insurance Portability and Accountability Act) in order to protect healthcare information. Wearable screenless displays would reduce the risk because only the user would be able to see the information. These elements will accelerate the market for screenless displays over the forecast period.
Key market developments
Innovative product offerings, research and development, new partnerships and collaborations will thereby increase the demand for screenless displays. For instance,
The North American region is expected to hold a significant share of the market in the coming years.
The development of next-generation screenless display technology has seen an increase in investment from major industry players, which has led to a growth in the screenless display market in North America. The region stands out in the screenless display market due to a number of factors, including technological advancements and an increase in the use of smartphones, tablets, and other mobile devices. The MIT research division has also been developing a variety of different screenless display devices. Many other universities in the region are also developing technologies for screenless displays. Due to increased efforts by major players to develop next-generation screenless display technology and increasing investment by a number of organisations and government institutions, North America, more specifically the US, will experience a significant rise in the screenless display market.
Screenless Display Market Scope: