The quest for ever-smaller and more densely-packed electronics is driving the development of a new generation technology. But in order for them to work well, they need careful design. The chips have to operate at very high temperatures for a very long time and all the aspects have to be taken care for the device to work. Despite the fact that technical advancement is occurring, we will concentrate on the lighting, Mobile and automobile industries.
Lighting Industry:
The latest in LED chip technology making it possible to create ultra-bright, long-lasting, energy-efficient, and ultra-flexible lighting products. LED chips are at the heart of the lighting industry, and manufacturers are constantly trying to innovate by improving circuit design and using efficient component designs. The lighting industry has seen tremendous growth over the last decade, driven by advancing technology, a changing consumer landscape and new business models. LEDs, or light-emitting diodes, are at the heart of this growth. They highly efficient because LEDs use less energy and reduce greenhouse gas emissions, which has driven governments around the world to introduce policies to make them more affordable.
Led & OLED:
New invention in technology is OLED: The emissive electroluminescent layer of an organic light-emitting diode (OLED or organic LED), also known as organic electroluminescent (organic EL) diode, is a film of organic compound that response to an electric current by emitting light. Their displays are self-emitting light sources; they do not require a separate external light source to produce an image that is the advantage it has over other displays such as TFT LCDs. As a result, they are more effective. OLED displays are substantially thinner than other technologies due to their self-illumination, and they can even be employed in flexible displays.
Led Drivers:
The lighting industry is highly competitive, so manufacturers are always looking for new ways to differentiate their products. One example is the Philips Hue, a Wi-Fi-enabled lighting system that can work with multiple third-party apps. The industry’s greatest strength is the diversity of its offerings. Customers can choose from a wide array of products .one of the most crucial components for lighting firms is led drivers. These are becoming more common as LED products become more prominent in household and commercial lighting applications. These drivers are very small in size and are very efficiently crafted for application specific. Led products have replaced the traditional incandescent and fluorescent lighting around the world. LEDs are energy-efficient, more durable, and longer-lasting. Technological advancement in circuit design is the main reason for booming of led lighting.
Mobile Industry:
The mobile industry has seen tremendous growth in the last few years. The mobile phones have become a vital part of the life style of every individual. The changing lifestyle of the people has triggered the need of advanced features in the mobile phones. With the changing lifestyle, the mobile phones have become a necessity. The wireless industry has been investing heavily in research and development of wireless technologies and applications. Applications for mobile devices include communications services, entertainment services, and location-based services.
Virtual reality (VR) and augmented reality (AR) are two emerging technologies that are creating new ways for users to experience and interact with content. The mobile industry is currently exploring ways to integrate these technologies to create immersive, compelling end-user experiences. The ubiquity of mobile phones, and the development of powerful applications, has fueled the demand for new technologies in terms of fast connectivity.
The growth in mobile data traffic was driven by the emergence of new handsets, increases in broadband speeds, and an increasing dependence on mobile data for internet access.
Automotive Industry:
The automation of automobiles is one of the most exciting technological challenges of our time. The automobile industry is already experimenting with driverless vehicles. The industry is undergoing a major transformation. In 2016, 37% of the vehicles in the world were electric. In the US, 2.5 million new electric vehicles were sold in 2016, and 1.4 million of them were in California. The shift to electric vehicles is happening quickly. In 2030, 79% of new cars will be electric. The technologies they are working on are driverless cars and Electric vehicles.
Electric Vehicles:
Electric cars are achieving market penetration much faster than expected. EVs are powered by electricity, which is stored on batteries. Battery technology has improved greatly in recent years, and there are now many dozens of EV models on the market, including models developed by Tesla. Charging takes between 15 and 40 hours. Charging takes longer than refueling; the charging time is being studied to see whether it can be shortened.
Battery technology also drives the cost down of EVs. Batteries have gotten smaller and more powerful, and the battery packs that used to be required to support a car’s entire electric drive system. The battery’s main purpose now is to store the energy that feeds the entire vehicle system. Electric vehicles are quieter, cheaper, and efficient than gasoline-powered vehicles. The most significant benefit of electric vehicles is that they do not emit any harmful pollutants.
Self driving car:
The auto industry has been working on self-driving cars for a decade now. Self-driving cars use a combination of sensors, computers, and software. Sensors detect objects, people, and weather conditions; computers interpret and interpret data; and software compares data, makes decisions, and controls the car or truck. The first big question is safety. Self-driving cars depend on huge databases, and companies are working on it. Driving is complex and unpredictable; there are lots of variables. To make good predictions, self-driving cars need detailed maps and highly accurate data. Soon it will hit the road as a lot of research and development work is going on in this sector.
Market Share
In The lighting industry now accounts for 7.1% of the world’s electricity consumption, a figure that is projected to reach 11.5% by 2050.
In Automotive sector with about 48 percent of the passenger automobile market in India in fiscal year 2021, Maruti Suzuki was the market leader. The top three firms accounted for almost 75% of the market.
In mobile sector, the first half of 2021, India’s Smartphone market saw it’s highest-ever shipment levels. With a 28 percent shipment share in Q2 2021, Xiaomi was the market leader.