Month: September 2024

Ideagen Global 2024 “Future of… Summit” Unveils Visionary Insights for a Transformative Tomorrow

Ideagen Global proudly convened its highly anticipated “Future of…Summit,” powered by the American Psychiatric Association Foundation (APAF), which took place on May 15, 2024, at the Ideagen Global Headquarters. This premier event brought together a distinguished lineup of leaders, innovators, and visionaries from various sectors to explore and shape the future of critical industries.

The summit commenced with welcome remarks from George Sifakis, CEO of Ideagen Global and Dr. Rawle Andrews Jr. of the American Psychiatric Association Foundation, setting the stage for a day filled with groundbreaking discussions and insights. The first session featured a compelling dialogue moderated by George Sifakis, with Dr. Rawle Andrews Jr. and Col. Jim Paige from the Concerned Citizens Network of Alexandria, alongside Kate Garvey from Alexandria, VA Government.

Following this, the Ideagen Foundation segment showcased the contributions of HOSA DC State Advisor Shreyas Patel and HOSA – Future Health Professionals students, highlighting the pivotal role of youth in shaping future health initiatives.

The Health Panel, featuring Stacy Haller from the BrightFocus Foundation, Yasmeen Long from the Milken Institute, and Phyllis Ferrell (TBD), delved into emerging trends and innovations in healthcare.

A session inspiring session on the impact and mitigation of urban heat was moderated by George Sifakis, with insights from global leader Jeff Terry of GAF. This was followed by a discussion on “Wolves of K Street,” featuring author Brody Mullins.

The Future of Health and Tech segment featured thought leaders including Sujatha Dantuluri from AWS, Diana Pankevich from Pfizer, and BJ Moore from Providence.

The afternoon continued with a session on the Future Health Pipeline and Movements, featuring Bill Novelli from the Coalition of Trust in Health & Science and Lisa Gables from AAPA.

The Future of Finance Panel, featuring Matt Lira from Invest America, Dave Grimaldi from The Blockchain Association, and Mark Fitzgerald from KPMG, explored financial innovations and trends.

In the session on Future Global Leaders, Mark Fitzgerald and James Fitzgerald shared their vision for leadership in a rapidly evolving world. The day concluded with discussions with organizations that included Summer Discovery with conversations on the Future of Education, featuring Esteban Olivares and Aaron Dowrkin of the National Summer Learning Assocition (NSLA).

Ambassador Patrick Theros served as the master of ceremonies, guiding attendees through this transformative experience. Additionally, remote interviews featured insights from Toni Townes-Whitley, CEO of SAIC, Mike Johnson, author of “Fixing Congress: Restoring Power To The People,” and Dr. Nicole Hayre, founder of Cutocin.

The “Future of…Summit” proved to be a remarkable event, offering unparalleled opportunities for networking, knowledge sharing, and collaborative exploration of the future. The event successfully navigated the ever-evolving landscape of innovation, facilitated idea exchanges, and charted a course to develop global partnerships for world change.

About Ideagen Global:

Ideagen Global is a leading organization dedicated to fostering innovation and collaboration across various sectors. Their mission is to convene thought leaders and industry experts to address global challenges and drive meaningful change through insightful discussions and strategic partnerships.

About the American Psychiatric Association Foundation (APAF):

The American Psychiatric Association Foundation (APAF) is committed to advancing mental health through advocacy, research, and community engagement. Their goal is to support and enhance public mental health initiatives and foster dialogue on critical issues affecting mental wellness. 

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Schneider Electric named world’s most sustainable company

Schneider Electric has topped the ‘World’s Most Sustainable Companies for 2024’ list by Time magazine and Statista. This recognition reflects Schneider Electric’s ambitious goals to reduce its own emissions, but also the company’s commitment to helping its customers to become more energy efficient and reduce their emissions.

Time and Statista used a transparent, multi-stage methodology to identify the world’s most sustainable companies for 2024. The process began with a pool of over 5000 of the world’s largest and most influential companies. Following a rigorous four-stage assessment, the final ranking excluded unsustainable industries, and considered factors like external sustainability ratings and commitments, corporate reporting practices, and environmental and social performance indicators. This comprehensive approach produced a ranking of 500 companies from over 30 countries.

Both Time and Statista highlighted Schneider Electric’s technological expertise and the Schneider Sustainability Impact (SSI) programme. This transformative programme drives and measures the company’s progress toward global sustainability 2021–2025 targets, contributing to six long-term commitments that cover all environmental, social and governance (ESG) dimensions. Among this progress, the company helped customers reduce their carbon emissions, with 553 million tons of CO2 saved and avoided since 2018. The company has also made significant progress in transforming its own supply chain. Carbon emissions from Schneider Electric’s top 1000 suppliers fell by 27% since the beginning of the programme, and 21% of the company’s most strategic supply chain partners have met Schneider Electric’s decent work standards.

“We are incredibly honoured to be recognised as the world’s most sustainable company,” said Peter Herweck, CEO of Schneider Electric. “This achievement is a testament to our unwavering commitment to sustainability, which is embedded in everything we do. We consider the environment, society and good governance in our decisions and daily operations. That’s why we’re pushing hard to make even more progress on our sustainability goals, and ensure everyone contributes to creating a positive and enduring impact.”

Schneider Electric was also recently included in the Dow Jones Sustainability World Index for the thirteenth consecutive year, ranked #1 in its industry, and secured its place in the Europe index. This achievement reflects its strong ESG performance, with sustainability at the core of its strategy.

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Schneider Electric names Hanne Sjøberg as new VP channels for Europe

Schneider Electric has announced the appointment of Hanne Sjøberg as its new vice president of channels for its Secure Power division in Europe.

A seasoned customer and partner relationship veteran, Sjøberg first joined the business in 2016 and has since held various roles across customer satisfaction, human resources, and business development for both the Baltic and Nordic regions.

Most recently, she served as vice president of customer satisfaction and quality, where she led new initiatives designed to transform the customer experience and quality of interaction for end-users.

She succeeds long time IT channels chief, David Terry, who now moves into a newly formed role leading Schneider Electric’s AI ecosystem.

In an announcement, the company said Sjøberg’s efforts in fostering a sales and customer-focused culture will be key to the delivery of its partner-first strategy following the introduction of its new EcoXpert Partner Program back in July.

“I’m delighted to name Hanne Sjøberg our new European VP for Channels, her passion for people, sustainability and innovation will be integral to both the success of our new EcoXpert Partner Program, and in building on the successes of our forthcoming product, commercial and partner initiatives,” said Marc Garner, senior vice president, Schneider Electric, Secure Power, Europe.

“I’d also like to take the opportunity to thank David Terry for his exceptional channel leadership during the last eleven years and look forward to our continued work together as we target the evolving ecosystem around AI.”

Terry leaves behind a solid springboard for further success, Schneider said, having overseen a period of strong growth that included the establishment of multiple, high-profile partnerships with large-scale channel organizations such as Arrow Electronics, ATEA, and Bechtle.

He also led the inception and delivery of new partner and sustainability initiatives alongside growth for the firm’s data center, critical power, and sustainability solutions in the region.

As his successor, Sjøberg will leverage her wealth of customer experience to help drive further strategic growth across the region, as well as address demand for data center and electrical infrastructure, critical power systems, and sustainability services.

“I have always been fascinated by the speed of transformation taking place within the technology sector, and more so considering the growing demand for AI, critical IT, and sustainability solutions,” Sjøberg said.

“I’m excited to begin my new role as VP for Channels, Europe, and look forward to working with our partners to ensure they’re equipped with the tools, training and support to meet these evolving market opportunities.”

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Schneider Electric: Going for Gold in Home Energy Management

This year’s summer of sport is well underway, and soon some of the best athletes from around the world will push the boundaries of what’s possible after months and years of training.

But, did you know our homes are more like an athlete than you might think?

Any sport professional knows managing their own energy is essential to succeed, especially in long-distance or endurance sports. They must know how to manage their energy consumption, accelerating or decelerating when needed and adjusting to plays from their competition to make it to the finish line in first place.

But to get to this point, it takes months of training and hard work to get their bodies in shape. Athletes understand a holistic approach is needed when it comes to fitness and performance; sleep, breathing, nutrition and mental fitness are all equally as important to keeping the body in shape and energised to compete.

Additionally, an essential part of any training program is to track results. After each training sessions, athletes and their performance coaches will spend hours trawling through data and practice footage to review where the gains and losses were, where they are underperforming and where improvements can be made.

And all these practices can be similarly applied to our homes…

When it comes to energy, it is important to be using the right amount at the right time. For instance, it is far more efficient to run larger electrical loads like EV chargers during the nighttime when energy tariffs are cheaper than it is to run it during the day. Similarly, for homes with solar panels and battery storage, rather than drawing power from the grid at a cost during the evenings, homeowners could instead optimise their stored energy generated by solar throughout the day to effectively power their electrical devices for free.

For homeowners looking for real improvements when it comes to home energy management, there is no point at looking at devices and appliances in isolation, or only trying to change one singular part of the home. Just like an athlete, a holistic approach must be taken; electrical devices and appliances, heating, hot water and lighting all feed into the overall energy efficiency of the home. By only changing their heating habits, for instance, and ignoring everything else, only a fraction of the efficiency gains will be achieved.

So how can homeowners track their performance?

Just like an app or data from a performance coach, which would enable athletes to follow their progresses, Home Energy Management Systems (HEMS) are the perfect way to do this for houses. Take Wiser for example!

With the Wiser system and the use of PowerTags, homeowners can easily integrate all their electrical appliances and devices into one place. Via the app, homeowners can easily track how many calories – or energy – the home is spending throughout the day, and the impact this has on the home’s health, AKA their energy bills. By using this data, homeowners can fully understand their energy demand and start to make improvements, adjusting their schedules to better optimise energy usage and reap the rewards. After all it is not about consuming calories like hell, this is about consuming wisely.

Just like any athlete knows, practice makes perfect. Nobody is going to perfectly optimise their home energy usage the first time around with no prior knowledge or experience. But the more time that homeowners invest in learning about better energy management, getting familiar with their energy consumption and how this is impacted by their habits, and with the support of the right tools, they can kick-start their journey to becoming a top performer. It is also important to remember that achieving energy efficiency is more of a marathon and not a sprint; even though it may take a little while to see significant savings on energy bills, the changes homeowners make will all be worthwhile in the long run.

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Schneider Electric celebrates 100 years of impact with TeSys contactors

Schneider Electric, the global leader in the digital transformation of energy management and automation, has celebrated the 100th anniversary of TeSys contactors in a special ceremony that gathered customers, partners and media representatives. The TeSys range of contactors by Schneider Electric offers unparalleled reliability with long mechanical and electric life.

Introduced in 1924, TeSys contactors represented a breakthrough in the energy sector, providing a crucial tool for regulating and controlling high currents in a variety of applications such as motors, lighting and heating systems,  HVAC systems,  as well as strategic sectors like transportation, water and wastewater, mining, minerals and metals (MMM), infrastructure and other electrical loads in industrial, and commercial settings. Over the years, Schneider Electric contactors have undergone substinatial evolution to enhance its features and increase their energy efficiency and decarbonization capabilities. From the pioneering Bar Contactor, the first contactor in the world, to TeSys Island, an IoT-connected contactor, the journey of TeSys contactors has been marked by continuous innovation. Most recently, Schneider Electric launched the renovated version ot EasyTeSys Contactor in Egypt, previously known as TVS, that caters to the diverse applications within the local market.

Reports show that electricity accounts for more than 90% of the total lifetime cost of ownership for a typical industry motor. By efficiently and sustainably managing electric motor efficiency amid soaring energy bills and carbon emissions, TeSys contactors enable different utilities around the world to achieve significant cost savings and reduced carbon footprint. For a century, TeSys contactors have been at the forefront of the industry, driving innovations in motor protection, monitoring, and control. Leveraging advanced contactor technology, TeSys controls are designed to optimize electrical systems for maximum energy efficiency, reduce energy consumption by up to 30%, provide higher safety standards, enhance reliability and minimize unplanned downtime, offer up to 30% in operational savings, speed up decarbonization, offer real-time data monitoring and energy management, increase resilience with predictive maintenance, reduce repair costs, and accommodate future scalability potential.

“We are thrilled to celebrate 100 years of TeSys Contactors, the first in the world that has revolutionized the energy management field. As we embark on another century of innovation and industry leadership with TeSys, we continue our mission of creating a positive impact on the planet and the industrial sector,” said Sebastien Riez, CEO of Schneider Electric Northeast Africa and Levant. “Our strategy, centered on digital transformation to enhance energy efficiency and reduce carbon footprint, drives the continuous evolution of our portfolio of products and solutions, including TeSys, to remain aligned with current trends and effectively address our customers’ needs. We are proud to witness TeSys contactors being utilized in over 100 strategic projects across the country,” Riez elaborated.

Ramy Moustafa, Vice President of Buildings and Transactional Business, Schneider Electric Northeast Africa and Levant, explained: “Over the last century, TeSys contactor has undergone a significant evolution, transitioning from electromechanical modules to IoT-connected ones. This transformation has established industry benchmarks to ensure the highest levels of protection, monitoring and control. With almost 37 years of operational presence in Egypt, our network of TeSys partners has experienced substantial growth. They have played a pivotal role and contributed to our market leadership over the years. This underscores our commitment to cultivating local partnerships in alignment with our sustainability goals and digital transformation initiatives across various sectors.”

Schneider Electric’s TeSys contactors have been integrated into over 100 strategic projects across Egypt, including the Ministry of Electricity’s Distribution and Control Centers (DCCs), the monorail, metro lines, New Delta, the New Administrative Capital (NAC), Gabal Al Zeit Wind Farm, Ismailia and Port Said Tunnels, Benban Solar Plant, Alamein Towers, Galala and New Alamein Water Desalination Plants, among others.

With a commitment to driving digitization and decarbonizarion efforts into the future, Schneider Electric has introduced TeSys Island, the next generation of contactors designed to revolutionize motor management performance and efficiency.

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Schneider Electric launches AI-powered home energy management feature for Wiser Home

Schneider Electric announced its artificial intelligence-powered feature is now live on the Wiser Home app. This new feature is available to Wiser Home users in Spain, Portugal, France, Germany, and Austria.

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced its artificial intelligence-powered feature is now live on the Wiser Home app. Recently recognized as the world’s most sustainable company, Schneider Electric continues to lead in smart home energy management with cutting-edge solutions to support homeowners, homebuilders, and electrical installers.

Schneider’s new feature is a market first, providing AI-optimized energy management of two of the biggest power loads in the home – water heaters and electric vehicle chargers – via a single app, Wiser Home. Wiser Home is Schneider Electric’s home energy management solution that provides energy monitoring, control, and optimization. The new feature, developed entirely in-house by Schneider Electric, optimizes energy bills through automated load management and predictive energy consumption scheduling tailored to users’ lifestyles.

As a predictive algorithm, the AI-powered feature learns from user habit data and preferences, real-time weather forecasts, tariff data, power contract limits and solar production capability to optimize energy saving by shifting two of the biggest power loads in the home. The feature is based on proprietary technology developed entirely in-house by Schneider Electric; all user data is kept and managed by Schneider with no external data transfers so users can rest assured that their data is secure.

Buildings account for 37% of global operational energy and process-related CO2 emissions, with homes accounting for approximately 20% of this. As more people address their home emissions through electrification and New Energy Landscape technology, such solar panels, EV chargers and heat pumps, home energy management systems are more complicated than ever. In addition to this, there is the rise of dynamic tariffs that aim to incentivize off-peak energy consumption as energy prices have increased to record levels. Facing this complicated reality, Schneider’s new AI-powered solution addresses the mental burden homeowners have when aiming to optimize their energy use and reduce their energy bills.

The feature can determine and anticipate the cost-effective periods to power your EV charger or heat your water tank thanks to its weather forecasting and dynamic tariff capabilities. It can align EV charging and water heating with cost-effective periods while considering daily needs, for example travel times and distances or the daily number of showers for family members, to make sure your EV and hot water is ready to go when it is needed.

Homeowners can control how the AI feature is deployed in their home. Schedules and forecasts can be easily adjusted to either pause to avoid wasted energy consumption during vacations for example, or the scheduled consumption can be overridden to immediately begin EV charging or water heating.

The new feature particularly benefits households with solar panels. The AI algorithm learns from solar energy production and utilizes weather data to estimate solar production availability and takes this into account when planning how to shift loads throughout the day, including which loads run whilst energy is being produced.

In lab testing of this AI solution carried out by Schneider, homeowners with solar panels saw predicted annual savings of between €400-500, and homes without solar panels saw savings between €100-150. This simulation was based on French market data, considering two loads – EV charger and water heater – and two sources – grid and solar. Actual savings may differ from estimated savings depending on home installation and energy provider.

Michael Lotfy Gierges, Executive Vice President, Home & Distribution Division, Schneider Electric, commented: “With record energy costs and record temperatures, homeowners are looking for tools and technology that can help them better manage their energy consumption and cut their energy bills. Artificial intelligence provides an entirely new level of optimization that can empower homeowners to be more efficient and save money, without compromising on comfort.”

Mr. Gierges added: “Here at Schneider Electric, we are proud to be at the forefront of developing innovative solutions that help drive efficiency and electrification, always with the guiding principle of working towards a more sustainable future. Our new AI feature is a prime example of this and addresses a real consumer need to simplify optimized management of their household energy consumption.”

This new feature is available to Wiser Home users in Spain, Portugal, France, Germany, and Austria who have the Wiser Hub, Schneider Electric PowerTag energy sensors, a Schneider EV charger (EV Link Home Smart, Schneider Charge or EV Socket) and Power micromodule (water heater controller) installed. Schneider Electric will continue to invest in this technology, launching it as a premium feature next year covering larger loads in the home to help home energy use be as efficient as possible.

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Schneider Electric’s Multi-City Innovation Day reaches Delhi; Showcases ~ Ten New Innovative products & solutions to accelerate India’s Energy Transition

Schneider Electric, the leader in the digital transformation of energy management and nextgen automation, today organised the Delhi edition of Multi-city INNOVATION DAYS 2024. During the event, the company showcased its ten new innovative products and solutions that will play a key role in accelerating India’s energy transition. Following a successful launch in Mumbai, the Delhi event marks the second stop in this nationwide series. Over the coming weeks, INNOVATION DAYS will continue its journey to Bengaluru, Ahmedabad, and Kolkata, aiming to directly engage with over 2,000 customers, partners, and stakeholders in person, and reach thousands more through digital channels.

These events serve as a dynamic platform to unveil a wide range of new and innovative products and solutions from the Schneider Electric Portfolio, designed to be more efficient, reliable, sustainable, and safe. It will also feature expert sessions with industry leaders to catalyze change across the entire ecosystem.

Speaking about Innovation Days 2024, Deepak Sharma, Zone President – Greater India and MD & CEO, Schneider Electric India said, “Schneider Electric is deeply committed to advancing the Innovation and Sustainability roadmap of India through our extensive range of products, systems, software, and services-driven portfolio. The Multi-City Innovation Days will provide a first-hand look at more than ten new products and solutions that we have launched for a diverse set of customers. This makes Innovation Day the biggest platform in last 5 years for new offer launches. Our goal is to equip our customers and partners with state-of-the-art solutions & technologies covering Energy management and NextGen automation, thereby helping in creating a brighter, more sustainable future for India and for the world. With continuous focus on innovation, we are committed to playing a pivotal role in driving India’s journey toward energy efficiency, bolstering decarbonisation efforts, and accelerating the nation’s growth and development on its path to becoming net-zero.”

Rajat Abbi, Vice President, Global Marketing and Chief Marketing Officer, Schneider Electric India added, “Spanning across five cities, the Innovation Days go beyond showcase of our products and solutions; they are a strategic platform to deepen our engagement with customers and partners. At Schneider Electric, our marketing playbook is guided by 4P’s: Purpose, Partnerships, Planet and Performance, and initiatives such as the Innovation Days are designed to not only inform but also to involve our stakeholders in a meaningful dialogue about the future of energy management and automation.”

The new products and solutions at display during the Delhi Innovation Day 2024 event includes:

• MasterPacT MTZ Active: a revolutionary new circuit breaker designed to set new benchmarks for safety, efficiency, and sustainability while ensuring business continuity. It has the Industry’s First Native ERMS (Energy reduction Maintenance Setting) for providing superior safety against internal arc which happens during maintenance. It enables customers to respond to complex daily challenges, including 24/7 uptime demands, spiralling energy costs, and urgent calls for sustainable practices.

• BlokSeT Lean LV Switchboard: next generation BlokSeT Lean LV switchboard comes with a compact design with ~ 30% less copper and reduced carbon footprint of up to ~ 30%. This next generation of LV switchboard is IOT ready with wireless connectivity and provides 24×7 real time panel health monitoring to ensure enhanced safety and uptime.

• Wiser 2.0 Smart Home Energy Management Solution: Our latest Smart Home Energy Management solution comes with best-in-class technology and safety features. This solution helps customers save ~ 20% energy savings (based on research on HEMS by BEE). It is built to transform any new or existing home into a smart home in less than 4 hours.

• Miluz Lara Switches and Sockets: Industry’s 1st Modular Switches range with built in Air Quality Indicator. Made for thinner walls and compact spaces that are popular in Mivan and modern construction methods, Miluz Lara is a testament to our commitment to design, safety, efficiency, and innovation. Other features include USB-type A+C charging ports, voltage surge protectors and connected switches to maximize comfort.

• Galaxy VXL: A modular 3 phase UPS that allows for scalability, internal redundancy, and compatibility with various batteries. It delivers up to 97.5% efficiency in double conversion mode and up to 99% in conversion, reducing the total cost of ownership.

• RM Airset: RM AirSeT, an SF6-free GIS, combines pure air technology to decarbonise grids while enabling enhanced performance, reliability, and efficiency of distribution networks.

• EvoPact HVX-O-MV Breaker: This product is part of the Make In India commitment and addresses the renewable market to support Govt of India’s clean energy generation and distribution initiative.

• EcoCare Services Membership Plan: We help customers reduce up to ~ 75% electrical failure risk and unplanned downtime. We further help them reduce by up to ~ 40% on-site activities and planned downtime costs, extending asset lifespan and reducing carbon emissions.

• EasySet MV SwitchGear: The EasySet MV air-insulated indoor switchgear is an innovative and sustainable switchgear that offers unparalleled ease of operation, monitoring, and maintenance for meeting electrical distribution needs. The EasySet MV switchgear stands out for its Easy Customer experience, Easy & Reliable monitoring, Easy & Safe operation and maintenance.

• Altivar Process ATV6000: The ATV6000 is a smart, connected solution designed to optimize industrial processes. With features like process optimization, energy management, and real-time insights, it boosts overall equipment effectiveness (OEE) and lowers total cost of ownership (TCO) by up to 20%. Its user-friendly interface and EcoStruxure™ compatibility make it ideal for fans, pumps, compressors, and conveyors, potentially reducing energy consumption by up to 30%.

About Schneider Electric

Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.

Our mission is to be the trusted partner in Sustainability and Efficiency.

We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.

We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

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Asia Pacific Silicone Carbide Wafers Market to reach reach US$ 5.8 Billion in 2032, driven by increasing demand for next-generation semiconductors

“Reports and Insights Business Research Pvt. Ltd.”
The Asia Pacific siliconе carbidе wafеrs market was valued at US$ 2.1 billion in 2024 and is expected to register a CAGR of 12.0% over the forecast period and reach US$ 5.8 Billion in 2032

According to the latest report by Reports and Insights, titled, “Asia Pacific Silicone Carbide Wafers Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast” the global Asia Pacificsilicone carbide wafers market was valued at USD 2.1 billion in 2024. Looking forward, Reports and Insights anticipates the market to expand at a compound annual growth rate (CAGR) of approximately 12.0% from 2024 to 2032. 

The demand for Asia Pacific silicon carbide wafers is growing at a rapid rate owing to the increasing demand for next-generation semiconductors from various industries such as electric vehicles, telecommunication, and renewable energy. Among all types, SiC-based wafers are in demand because of several advantages compared with traditional Si wafers, such as thermal conductivity, energy efficiency, and durability. This demand is very strong, especially in countries such as China and Japan, where government initiatives promote energy-efficient technologies and have an electric vehicle industry in rapid growth. These factors mean the silicon carbide wafer market in the Asia Pacific region should continue its growth supported by technological advances and further investments in manufacturing and research.

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Asia Pacific Silicone Carbide Wafers Market Trends

The increase in demand for high-power semiconductors, mainly by industries such as electric vehicle, telecommunication, and renewable energy, has brought about significant growth in the Asia Pacific silicon carbide wafers market. Key trends include an upsurge in the adoption of silicon carbide wafers due to superior properties compared to traditional silicon wafers. Government initiatives for deploying energy-efficient technologies and fast-growing electric vehicle markets, especially in countries like China and Japan, further support the market. Development in the wafer manufacturing process and increasing R&D investments further extend this trend in the region.

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The power electronics segment is estimated to grow at the fastest pace through the forecast period

In the market for silicon carbide wafers, the power electronics application segment is likely to have the largest share during the forecast period. This is attributed to growing demand for high-efficiency and high-power devices in industries like automotive, energy, and industrial. Wafer silicon carbide is preferred in power electronics on account of high thermal conductivity, breakdown voltage, and efficiency of operation in high-temperature conditions. This, therefore, makes the segment for power electronics a high contributor to revenue in the market, considering that industries are continuing to progress toward robust and efficient electronic solutions.

The 6-inch SiC wafеrs segment accounted for the largest share in the Asia Pacific silicone carbide wafers market in 2023

Among the types of silicon carbide wafers in the market across the Asia Pacific region, the 6-inch SiC wafers segment is expected to hold the largest revenue share in the forecast years. This can be attributed to the surging demand for 6-inch wafers in various high power and high frequency applications based on automotive electronics, energy systems, and industrial equipment. Indeed, the 6-inch SiC wafers strike a balance between performance and cost, making them popular among manufacturers. Due to the fact that industries keep seeking advanced solutions that will be of great help in improving efficiency and durability, it is expected that 6-inch SiC wafers will continue to be one of the most crucial contributors of revenue to the market.

The energy and power segment are expected to grow with highest CAGR during the forecast period of Asia Pacific silicone carbide wafers market

The energy and power segment are expected to dominate the revenue share in the silicon carbide wafer market throughout the forecast period due to growing demand for silicon carbide wafers in the high-power and high-efficiency segment of the energy sector. With growing power electronics and energy systems for better performance and reliability, industries are looking toward silicon carbide wafers owing to their higher thermal conductivity, breakdown voltage, and efficiency. Hence, the energy and power segment are very likely to see the highest revenue contribution than other end-use sectors.

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China has registered fastest growth rate during the forecast period in Asia Pacific Silicone Carbide Wafers market

China is expected to attain the highest growth rate in the Asia Pacific silicon carbide wafers market during the forecast period. This is basically because of the massive investments that China is making in electric vehicle production, renewable energy projects, and high-end electronics; all these sectors require high-performance semiconductors such as silicon carbide. Furthermore, strategic initiatives by the Chinese government to be at the forefront in high-tech manufacturing, and growing semiconductor fabrication infrastructure domestically, accelerate the demand for SiC wafers within the country at an ever-increasing rate.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

  • Shin Etsu Group
  • Rеsonac
  • GlobalWafеrs Co. Ltd.
  • Siltronic AG
  • SK siltron
  • Soitеc
  • Episil
  • Nippon Stееl Corporation
  • Infinеon Tеchnologiеs
  • Atеcom Tеchnology Co. Ltd
  • Rohm Sеmiconductor
  • Sеmicorеx Advancеd Matеrial Tеchnology Co. Ltd

The report has segmented the market based on product type, application, end-user and countries.

By Product Typе

  • 2-inch SiC Wafеrs
  • 4-inch SiC Wafеrs
  • 6-inch SiC Wafеrs
  • 8-inch SiC Wafеrs
  • Othеrs

By Application

  • Powеr Electronics
  • Radio Frеquеncy (RF) Devices
  • Othеr Applications

By End User

  • Automotivе
  • Enеrgy & Powеr
  • Tеlеcommunications
  • Industrial
  • Aеrospacе & Dеfеnsе
  • Othеrs

By Country

  • China
  • Japan
  • South Korea
  • India
  • Taiwan
  • Vietnam
  • Singapore
  • Rest of Asia Pacific

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https://www.reportsandinsights.com/report/asia-pacific-pouch-cells-market

About Us:

Rеports and Insights consistеntly mееt intеrnational bеnchmarks in thе markеt rеsеarch industry and maintain a kееn focus on providing only thе highеst quality of rеports and analysis outlooks across markеts, industriеs, domains, sеctors, and vеrticals. Wе havе bееn catеring to varying markеt nееds and do not compromisе on quality and rеsеarch еfforts in our objеctivе to dеlivеr only thе vеry bеst to our cliеnts globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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Asia Pacific Medical Clothing Market to reach US$ 4.7 Bn in 2032, driven by innovations in fabric technology

“Reports and Insights Business Research Pvt. Ltd.”
The Asia Pacific medical clothing market was valued at US$ 2.6 Billion in 2023 and is expected to register a CAGR of 6.7% over the forecast period and reach US$ 4.7 Billion in 2032.

According to the latest report by Reports and Insights, titled, “Asia Pacific Medical Clothing Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast” the global Asia Pacificmedical clothing market was valued at USD 2.6 billion in 2024. Looking forward, Reports and Insights anticipates the market to expand at a compound annual growth rate (CAGR) of approximately 6.7% from 2024 to 2032. 

The medical clothing market is growing rapidly in the Asia Pacific due to improving healthcare infrastructure, increased awareness for infection control, and demand for protective apparels. A wide range of products are traded in the sector, from surgical gowns and scrubs, masks, and protective suits, with demand further bolstered by the expansion of healthcare services across emerging economies like China and India. Its demand is also driven by different innovations in fabric technology such as antimicrobial and fluid-resistant materials, among others, to enhance functionality and comfort in medical clothes. It goes without saying that the region’s ever-improving healthcare standards means that the market for medical clothing will continue its upward trajectory, which should answer the growing needs of both healthcare professionals and patients.

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Asia Pacific Medical Clothing Market Trends

The medical clothing market in the Asia Pacific is undergoing significant changes owing to rising healthcare investments, increased infection control concerns, and growing importance of safety and hygiene in hospitals and other medical facilities. A distinct trend noticed in the medical clothing market is toward the utilization of high-quality, durable, and comfortable fabrics that have the advantage of being antimicrobial and fluid-resistant, thus providing greater protection to health workers. There is also a demand for disposable medical clothing, especially in hospitals and clinics, to minimize cross-contamination. In addition, the growth in healthcare services across fast-growing economies such as China and India, coupled with increasing fabric technology, further catalyses market growth.

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The professional apparel segment is estimated to grow at the fastest pace through the forecast period

Among the product segments, professional apparel is expected to dominate the Asia Pacific medical clothing market by holding the largest revenue share among all segments. This section is full due to the vast area where professional clothes are used, among which lab coats, scrubs, and surgical gowns are the major components used indispensably by healthcare workers. The need for long-lasting, comfortable clothes that would meet the highest possible safety standards has been further amplified by the growing emphasis on infection control, therefore driving the demand for professional attire. This sets the segment of professional attire in its leading position as facilities are either upgraded or extended throughout the region.

The reusable segment accounted for the largest share in the Asia Pacific medical clothing market in 2023

The reusable segment is anticipated to capture the largest share of revenue among usage segments in the Asia Pacific medical clothing market, driven by rising demands for effective and economically viable solutions in healthcare settings where reusable medical clothing, such as gowns, scrubs, and masks, can serve for a long time. Their reusability and durability further reinforce their growing acceptance in regional hospitals and clinics, especially with continued improvements in fabric technology that are enhancing its protective characteristics. Reusable medical clothing is most likely to continue seeing demand as healthcare providers struggle to strike a balance between safety and cost efficiency.

The hospitals segment is expected to grow with highest CAGR during the forecast period of Asia Pacific medical clothing market

The hospitals segment is expected to dominate the revenue share among end-use segments in the Asia Pacific medical clothing market owing to the fact that hospitals utilize a great deal of medical clothing in order to keep workers and patients safe. This is on account of rigorous infection control norms related to surgical gowns, scrubs, masks, and other protective gear. The volume of surgeries and medical procedures, thus, remains very high in hospitals. The demand for medical clothing in this segment is going to be strong for a fairly long period due to ongoing expansion and modernization of hospital capacity across the region.

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China and India have registered fastest growth rate during the forecast period in Asia Pacific medical clothing market

China and India are the major contributors to market expansion due to large populations and rapidly growing healthcare sectors. In China, rapid urbanization and an aging population contribute to driving the market demand for medical apparel. Growth in India’s market is derived from increasing healthcare needs and a government interest in improving health facilities. While Japan’s technologically advanced high healthcare and aging population help contribute to its high market size, South Korea benefits from advanced healthcare technology and stringent regulations promoting high-quality medical clothing. Growth of the market can also be witnessed in the South East Asian countries such as Indonesia and Thailand due to increasing health awareness and improving medical facilities.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

  • Medline Industries
  • Top Glove Corporation Bhd
  • Ansell Limited
  • Cardinal Health
  • Owens & Minor, Inc.
  • Kimberly-Clark Corporation
  • Latexx Manufacturing
  • Avery Dennison
  • Barco Uniforms
  • Superior Uniform Groups
  • 3M

The report has segmented the market based on product, usage, material type, end-user, distributional channel, and countries.

By Product

  • Professional Apparel
  • Patient Apparel
  • Specialty Apparel
  • First Aid Clothing
  • Wraps and Towels
  • Others

By Usage

  • Reusable
  • Disposable

By Material Type

  • Cotton
  • Non-Woven
  • Polyester
  • Others

By End User

  • Hospitals
  • Specialty Clinics
  • Ambulatory Centres
  • Home Care Settings
  • Research and Clinical Laboratories
  • Others

By Distribution Channel

  • Direct Sales
  • Retail Sales
  • Distributors
  • Others

By Country

  • China
  • Japan
  • South Korea
  • India
  • Taiwan
  • Vietnam
  • Singapore
  • Rest of Asia Pacific

Browse Other Reports by Reports and Insights:

https://www.reportsandinsights.com/report/asia-pacific-semiconductor-packaging-market

https://www.reportsandinsights.com/report/asia-pacific-floating-power-plant-market

About Us:

Rеports and Insights consistеntly mееt intеrnational bеnchmarks in thе markеt rеsеarch industry and maintain a kееn focus on providing only thе highеst quality of rеports and analysis outlooks across markеts, industriеs, domains, sеctors, and vеrticals. Wе havе bееn catеring to varying markеt nееds and do not compromisе on quality and rеsеarch еfforts in our objеctivе to dеlivеr only thе vеry bеst to our cliеnts globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Media Contact
Company Name: Reports and Insights Business Research Pvt Ltd
Contact Person: Ashwani Kailiya
Email: Send Email
Phone: 8307999379
Address:1820, Avenue M
City: Brooklyn
State: NY
Country: United States
Website: https://www.reportsandinsights.com/

 

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To view the original version on ABNewswire visit: Asia Pacific Medical Clothing Market to reach US$ 4.7 Bn in 2032, driven by innovations in fabric technology

Award-Winning Anxiety and Panic Attack App Launches Arabic Version

“Rootd is the #1 ranked mobile app for panic attack and anxiety relief on both iOS and Google Play and supports millions of users around the world, and will now be available in Arabic.”

Rootd, the leading anxiety and panic attack mobile app, announced today that its services are now available in Arabic to support the mental health needs of Arabic-speaking individuals in the Middle East and around the globe. Rootd, used by millions worldwide, assists users during their most critical moments with interactive exercises for panic attacks and Cognitive Behavioural Therapy-based education for managing anxiety.

This translation comes in response to growing user demand and the increasing focus on mental health care in the Middle East. The app’s success in supporting individuals in various languages has fueled the need for an Arabic version.

One Rootd user recently shared: “Due to some changes in my life, my anxiety is worse than I ever imagined could be possible. During panic attacks, I get really bad intrusive thoughts that are hard to convince myself aren’t true. The big red button feature on this app is amazing for changing your mindset during a panic attack, which can be hard to do on your own.”

To translate the application, the Rootd team collaborated with native Arabic speakers. In addition to text, the Rootd app contains guided audio for moments of distress and calming guided visualizations. Rootd is now translated into 12 different languages and available globally.

“This app was the only app that taught me how to control my attacks, when I was suffering from panic attack disorder, having several attacks a day! I believe every feature about this app was developed thoughtfully and all of them are so helpful. I genuinely thank the Rootd team for this amazing app!” said another user. “I suffer from GAD severely. When I came across this app, I could cry. It helped so much. It says exactly what someone having a panic attack needs to hear, backed up with facts.”

By providing Rootd’s in-the-moment panic and anxiety relief in Arabic, Rootd aims to further support existing Arabic-speaking users who want to use the tool in their native language and reach others who may be seeking free, accessible anxiety support.

Rootd has been named one of the best anxiety apps by Healthline, Women’s Health, and Cosmopolitan magazines, and was featured in Time Magazine’s special edition “The Age of Anxiety”. The app has been highlighted as “App of the Day” and “Developer Spotlight” by Apple, and has earned a 4.8/5 global rating with tens of thousands of reviews. 

Rootd’s therapist-approved features include: 

  • A panic button for when individuals are actually going through a panic attack

  • Lessons on understanding panic attacks and anxiety, as well as short-term and long-term changes a person can make in their life to manage anxiety and feel more in control

  •  A deep breathing tool (most people with anxiety tend to be shallow breathers)

  • A body scan tool (for a form of active meditation)

  • A journal tool (for building confidence)

  • Guided visualizations and soothing nature sounds

  • And a gamified stats page so that users can track progress and celebrate successes. 

Rootd is available directly through the App Store and Google Play Stores.

Some Recent Reviews for Rootd

“Rootd has helped me regain control over my PTSD flashbacks and anxiety induced panic attacks. Learning the “why” of my anxiety through the lessons has been empowering, Breathr has helped me over my lunch break to de-stress from my work, Visualizr is my go-to mindfulness tool, and the Rootr is always there for me when things get out of control.” – Samantha S.

“Had my first panic attack the other day. Thought I was dying. Never ever believed in anxiety before. I hold my hands up and apologize to all those who do suffer. It’s real. With all this madness that’s going on this app helped me…thank you.” – Jenna W. 

Media Contact
Company Name: At Large PR
Contact Person: Christy Fawcett
Email: Send Email
Country: United States
Website: www.atlargepr.com

 

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