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Mechanical electrical and plumbing (MEP) services include the planning, designing, and managing various MEP systems of the building. MEP services are gaining traction with the increasing incorporation of BIM (Building Information Modeling) in building construction, planning, and management. MEP services are an integral part of the residential, commercial, and government buildings. Rapid urbanization in emerging economies and increase in infrastructure projects (such as the emergence of smart cities) is expected to propel the growth of the mechanical, electrical, and plumbing (MEP) services market. For instance, the government of India launched '100 Smart Cities Mission' (an urban renewal and retrofitting program), which aims to tackle key issues resulting from India's rapid urbanization by 2022. Moreover, increasing number of construction projects worldwide and increasing infrastructure investments are also expected to augment the growth of the mechanical, electrical, and plumbing (MEP) services market. For instance, Qatar is building nine new football stadiums for the 2022 FIFA World. Moreover, in September 2020, SG Blocks received a US$ 2.9 million contract to deliver 7 modular buildings in New Mexico. Read more @ https://sachinbhombe.blogspot.com/2021/03/rampant-urbanization-to-augment.html

Wafer manufacturing is an electrical process that consists of several repetitive, step-by-step processes to form complete photonic or electrical circuits on thin, transparent semiconductor wafer materials. Examples include the manufacture of LEDs, radio frequency generators, photo-resistors, microprocessors, and other electronics. Wafer inspection equipment is used to detect defects during wafer manufacturing processes. These equipment detect both the pattern defects and the physical defects by obtaining the coordinates of the defect's position. Inspection equipment improve the quality of manufactured semiconductor device. Therefore, these inspection devices are indispensable for maintaining the production yield of semiconductors. Increasing demand for high performing and low cost semiconductors is expected to augment the growth of the wafer inspection equipment market. For instance, in May 2020, TCS launched TCS WaferWise, a cloud-based wafer anomaly detection solution that harnesses the company's contextual knowledge of the semiconductor industry and power of deep learning technology, to help chip makers digitally reimagine their product quality assurance process. Read more @ https://sachinbhombe.blogspot.com/2021/03/increasing-demand-for-consumer.html

Lighting is an integral part of healthcare infrastructure, as it is widely used in intensive care unit (ICU), wards, operation theatres (OT), and in other healthcare settings. Some of these products include LED lighting, CFL, gas discharged lamps, and incandescent lamps. LED (Light-Emitting Diode) lighting is widely used in hospitals due to its high colour rendition index, low power consumption, long life, and high luminous efficacy. LED downlight, LED reflector, and LED panels are some of the commonly used LED lights. Increasing integration of modern lighting, such as LED and OLED (Organic Light Emitting Diodes), and the advantages of modern lighting over conventional lighting, such as fluorescent lighting, are expected to propel the growth of the hospital lighting market. According to the United States Department of Energy, for 23 years, the average operational cost of an LED is around US$ 38 as compared to US$ 201 for CFL lighting and US$ 48 for incandescent bulbs. Moreover, increasing number of hospitals in both developed and developing economies and increasing spending on hospital infrastructure is expected to augment the growth of the hospital lighting market. According to the American Hospital Association (AHA) annual survey (FY 2019), there were around 6,090 hospitals in the United States. Read more @ https://sachinbhombe.blogspot.com/2021/03/increasing-number-of-hospitals-to.html

An electric vehicle charger, also known as an EV charger, electric, rapid recharging system, rapid charging system, electric rapid recharging system, and electric rapid electric vehicle (EV) kit, is a small device that is connected to the car's battery to recharge it while the car is parked. A plug-in hybrid electric vehicle (PHEV), on the other hand, uses electricity from the power company instead of gasoline. Both types are clean and eco-friendly. An electric vehicle charger can be small and unobtrusive. Increasing sales of electric vehicles (EV) worldwide are expected to drive growth of the global electric vehicle charger market. According to the International Energy Agency (IEA), in 2019, electric car sales reached 2.1 million globally, registering a growth rate of 2.6%. According to the Edison Electric Institute (EEI), as of March 2019, there were around 1.18 million electric vehicles on U.S. roads, with EV sales increasing by 81% in 2018 as compared to 2017. Read more @ https://sachinbhombe.blogspot.com/2021/03/electric-vehicle-charger-market-is.html

Peer-to-Peer Lending, also referred to as P2P Lending, is basically the process of lending money directly to different people or companies over the Internet, such as through online peer-to-peer lenders matching lenders and borrowers for a specific amount. Peer-to-peer lending is relatively easy to find because it is more often than not found on the Internet. In fact, there are more lenders on the Internet today than there are offline banks and lending institutions. Most people use these services because it is the easiest way to receive a loan, especially if they have a bad credit history. Since these loans are secured, they offer better rates than other types of loans. Factors such as lesser operating cost and lower market risk for the lenders and the borrowers is driving the market growth of peer to peer lending. Growing digitization in the banking sector is again adding impetus growth to the market of peer to peer lending. According to the World Bank study, 140 million unbanked individuals opened their first-ever account to receive digital payments in 2017. Growth in the number of small business lending entities coupled with the emerging countries such as India and China is further anticipated to foster the market growth of the peer to peer lending. Read More @ https://coherentmarketinsights-cmi.blogspot.com/2020/11/digitalization-across-banking-sector-is.html

Viscosity reducing agents can be defined as substances that make the oil more viscous. Viscous means "water-like" in chemistry, so the more viscous a material is the more it would have to be processed for industrial usage, and the less valuable it would be in everyday life. These Viscose reducing agents have the properties of creating a fine film of water on the surface of oil droplets. They also promote the separation of water molecules from the surface of the oil droplets, thus preventing them from being stuck together and sinking back into the oil. This greatly improves the lubricity of the lubricating movement between two parts and allows for smoother, more efficient movements. Increasing demand from the chemicals industry is expected to drive growth of the global viscosity reducing agents market. The chemicals sector has witnessed robust growth over the years in both developed and emerging economies. According to the India Brand Equity Foundation (IBEF), the Indian chemical industry was valued at US$ 178 billion in 2019 and is expected to reach US$ 304 billion by 2025, registering a CAGR of 9.3%. Furthermore, according to the SelectUSA Investment Summit, in 2017, the U.S. chemical industry had sales of US$ 765 billion with foreign direct investment (FDI) across US$ 700 billion. Read More @ https://coherentmarketinsights-blog.blogspot.com/2021/02/viscosity-reducing-agents-market-are.html

An outdoor LED display is a great way to grab the attention of passersby on your property. In this age of consumerism, it is important that you advertise your business or products in as many areas as possible. If you have a large open space or patio, it may be your best bet to promote your business using an outdoor LED display. These devices are great for promoting your business to all corners of your property. Significant advantages provided by LED displays over conventional display options are expected to drive growth of the global outdoor LED displays market. LED displays are significantly better than conventional display options since they are energy-efficient, extra durable, and eco-friendly. Many countries have started implementing stringent energy policies, which has increased the adoption of LED displays in indoor as well as outdoor settings. The outdoor LEDs can save as much as 50% of energy as compared to conventional technologies including LCD and plasma with a reduced carbon footprint. For instance, in October 2020, Absen Inc. entered into a contract with Malaysian Airport Holding Berhad to build an LED display at Kuala Lumpur International Airport. Read more @ https://coherentmarketinsights-blog.blogspot.com/2021/02/outdoor-led-displays-market-is-rapidly.html

The term laser processing is used to describe a type of printing that involves using a semi-high frequency laser, in order to create high quality, vibrant images from any type of material. This technology has been around since the 1950s. Many small businesses and individuals use inkjets in their printing needs, because they are more economical and take up less space. The growing demand for miniaturization of microelectronic devices and technological advancement in the medical industry is fostering the growth of the laser processing market. It has significant applications such as endoscopy in medical, drilling holes in metals, and targeting in the military. Moreover, increasing demand from marking & engraving, welding & brazing, cutting & scribing, drilling, cladding & coating, annealing, and material removal is again anticipated to propel the growth of the laser processing market. Rapid growth in the construction industry as lasers help builders in creating precise models of buildings is further projected to augment the growth of the market. The Asia Pacific is projected to gain significant growth over the forecast period and this is attributed to the rapid growth in the construction industry due to increasing investment. Read more @ https://coherentmarketinsights-blog.blogspot.com/2021/02/growing-trend-of-miniaturization-of.html