Window Blinds Market Key Drivers & Forecast by Fact MR The global window blinds market (Margadh na nDallóga Fuinneog) is anticipated to achieve a valuation of US$ 2.99 billion by 2024, with expectations of further growth at a steady compound annual growth rate (CAGR) of 5.8%, reaching nearly US$ 4.69 billion by 2034. Window blinds, versatile window coverings comprising slats or vanes, offer adjustable control over light and privacy. Available in diverse materials such as wood, metal, or plastic, they afford users the flexibility to regulate sunlight and uphold privacy preferences. Compared to conventional heavy curtains, blinds boast easier maintenance and cleaning requirements, making them a practical choice for modern households and commercial spaces alike. Get Free Sample Copy of This Report-https://www.factmr.com/connectus/sample?flag=S&rep_id=3550 They contribute to energy efficiency by helping control room temperature and reducing the need for excessive heating or cooling. With modern aesthetics, space efficiency, and options for cordless or motorized features, window blinds offer a practical and stylish solution for homes. The Window Blinds Market (창문 블라인드 시장) is experiencing growth driven by the rising emphasis on energy efficiency and sustainability in building design, leading to increased demand for blinds that contribute to temperature regulation. Additionally, the integration of smart and automated technologies in window blinds, aligned with the trend of smart homes and IoT, enhances convenience and functionality, further fueling market expansion.

The heat transfer fluid market was estimated at USD 10.29 billion in 2022 and is likely to grow at a CAGR of 4.10% during 2023-2028 to reach USD 13.14 billion in 2028. Some of the major factors driving the growth of heat transfer fluid market are rapid growth & development in emerging economies, especially in metal processing, automotive, chemical and oil & gas sectors, growing requirements for temperature maintenance in these sectors, growing demand for particular application-based HTF for optimum energy efficiency. #HeatTransferFluidMarket Read more: https://www.stratviewresearch.com/1058/heat-transfer-fluid-market.html

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How Does IoT Technology Impact Demand for Photonic Integrated Circuit? In 2021, the photonic integrated circuit in the industry contributes $7,639.5 million, and it is expected to rise at a rate of 20.5%, to generate $41,037.7 million revenue by 2030. The massive demand for such components in biomedical, telecommunications, and data center facilities, resulting in a growing inclination toward autonomous vehicles, electronic device miniaturization, and rapid automation in numerous sectors boosts the industry growth. Under the raw material segment, the iii-V material category holds a significant share of the industry. It is led by the technological advancements of 3D depth sensing in, automotive lighting, consumer electronics, horticultural lighting, IR LED, and LiDar applications. In addition, the silica-on-silica category captures the next significant photonic IC industry, owing to the affordable cost of setting up and operating photonic integrated circuits made by this material. In addition, such components can easily be integrated into electronic devices, and hence provides numerous opportunities to industry players. Moreover, the rising number of telecommunications networks, increasing data center demand, and growing adoption of high-performance computers enable high-speed data flow, economic cost, large bandwidth, and enhanced energy efficiency. Thus, photonics integration into electronics offers quick data transfer and leads to increasing demand for III-V raw materials. Read More: https://www.psmarketresearch.com/market-analysis/photonic-integrated-circuit-ic-market

Li-ion Emergency Lights have the highest demand in APAC Emergency Lighting Market The APAC emergency lighting market will increase significantly increase in the years to come. Snowballing expenditure on infra, comprising of indoors and outdoors lighting, and the application of strict safety standards in commercial structures are the main factors responsible for the growth of the industry in the region. The APAC emergency lighting industry is classified into software, hardware, and services. Out of all these, the software will record the highest growth rate in the near future. This can be largely credited to the increasing demand for software solutions for the effectual monitoring of emergency lights. the APAC industry is characterized into emergency lighting solutions running on Li-ion, lead-acid, Ni-Cd, and Ni-MH batteries. The Li-ion emergency lights have the highest demand in the APAC. This is because of the initiatives by quite a few governments in the region, mainly in India, to support the making of Li-ion batteries. For example, under the Make in India, the union government wants to set up a Li-ion battery industrial base to support the acceptance of Li-ion batteries because of their better energy competence and lightweight. Emergency lighting solutions in APAC are extensively used for industrial, commercial, residential, and other purposes. The fastest growth will be observed in the residential application. This is because of the increasing count of smart homes in China, South Korea, Japan, and Taiwan. Asia’s smart home market will reach $115 billion by the year 2030, capturing about a 30% share in the world. In the near future, the APAC emergency lighting market will observe the fastest growth in India. This can be largely credited to the increasing real estate and snowballing construction of urban houses and smart cities in the country, which would drive the demand for emergency lighting solutions in the nation in the coming years. The significant trend in the APAC lighting industry is the increasing acceptance of LED lights. This can be majorly credited to the low consumption of power related to LED technology as opposed to other lighting technologies. Therefore, because of higher energy efficiency, LEDs are an economical option, particularly in the long run. Furthermore, LED emergency lights last longer and are less fragile. Also, falling prices of LED lamps have increased the demand for these lights recently. The main opportunity for the development of the players in the APAC industry lies in the growing acceptance of IoT-enabled emergency lights. IoT makes it easy for private and public organizations to conserve further energy with smart lighting systems. IoT permits lighting settings to acclimate to ecological conditions like rain and fog, thus enhancing energy consumption and safeguarding passable illumination according to the ambiance requirement. The Stringent safety guidelines levied by the governments are contributing to an increase in the demand for emergency lighting. In APAC, the governments of India and China have forced strict guidelines regarding safety in numerous establishments. Read More: https://www.psmarketresearch.com/market-analysis/apac-emergency-lighting-market