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Building Automation and Controls Market to Reach $215.59 Bn, Globally, by 2027 at 11.10% CAGR: Says AMR

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PORTLAND, Ore., Jan. 25, 2021 /PRNewswire/ Allied Market Research published a report, titled,
Building Automation and Controls Market By Product Type (HVAC Control, Lighting Control, and Security & Access Control), Offering (Integration and Services), and Industry Vertical (Residential, Enterprise, Industrial, Hospitality, Retail, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027 According to the report published, the global building automation and controls industry was estimated at $101.91 billion in 2019 and is expected to hit $215.59 billion by 2027, registering a CAGR of 11.10% from 2020 to 2027.
Prime determinants of the market
Surge in demand for convenient user experience, rise in deployment of building automation systems, and growth in need for advanced energy-efficient interventions drive the growth of the global building automation and controls market. On the other hand, lack of interoperability hampers ....

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Power MOSFET Market to Reach $9.90 Bn, Globally, by 2027 at 6.6% CAGR: Allied Market Research

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PORTLAND, Ore., Jan. 13, 2021 /PRNewswire/ Allied Market Research published a report, titled,
Power MOSFET Market by Type (Depletion Mode Power MOSFET and Enhancement Mode Power MOSFET), Power Rate (High Power, Medium Power, and Low Power), and Application (Energy & Power, Consumer Electronics, Automotive, Inverter & UPS, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2020 – 2027. According to the report, the global power MOSFET industry generated $5.43 billion in 2019, and is expected to generate $9.90 billion by 2027, witnessing a CAGR of 6.6% from 2020 to 2027.
Drivers, restraints, and opportunities
Rise in dependence on electrical equipment & machinery and rise in emphasis on power saving drive the growth of the global power MOSFET market. However, limitations in operations and high cost restrain the market growth. On the other hand, technological advancements and increase in deployment in electric devices ....

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