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Smart Home Water Sensor and Controller Market in North America to Grow by USD 88 Million (2025-2029), Boosted by Water Leakage, Repair Costs, and AI Impact – Technavio

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NEW YORK, Feb. 11, 2025 /PRNewswire/ — Report with the AI impact on market trends – The smart home water sensor and controller market in north america  size is estimated to grow by USD 88 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  6%  during the forecast period.  Growing instances of water leakage and increasing cost of repair in north is driving market growth, with a trend towards advancements in smart home water sensors and controller.  However, high cost of smart home water sensors and controllers  poses a challenge. Key market players include Conservation Labs Inc., D Link Corp., EcoNet Controls Inc., Flume Inc., Honeywell International Inc., Moen Inc., OVAL Digital Inc., Phyn LLC, Resideo Technologies Inc., Samsung Electronics Co. Ltd., Sencentric Inc., Sensored Life LLC, Simplisafe Inc., Smartlabs Inc., Stanley Black and Decker Inc., Vivint Inc., Wasserstein Home, Waxman Industries Inc., Winland Electronics Inc., and Zircon Corp..

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Forecast period

2025-2029

Base Year

2024

Historic Data

2019-2023

Segment Covered

Type (Wi-Fi technology and Others), Application (Commercial and industrial and Residential), and Geography (North America)

Region Covered

North America

Key companies profiled

Conservation Labs Inc., D Link Corp., EcoNet Controls Inc., Flume Inc., Honeywell International Inc., Moen Inc., OVAL Digital Inc., Phyn LLC, Resideo Technologies Inc., Samsung Electronics Co. Ltd., Sencentric Inc., Sensored Life LLC, Simplisafe Inc., Smartlabs Inc., Stanley Black and Decker Inc., Vivint Inc., Wasserstein Home, Waxman Industries Inc., Winland Electronics Inc., and Zircon Corp.

Key Market Trends Fueling Growth

The Smart Home Water Sensor and Controller market in North America is experiencing significant growth due to increasing adoption by homeowners for water leak detection and management. Virtual assistants and voice commands are trending for hands-free control of water systems. The market is driven by the smart home ecosystem, with wireless connectivity technologies like Z-Wave and Wi-Fi 6 gaining popularity. Water conservation is a key concern, with alerts and real-time monitoring providing water management solutions. Insurance firms are also promoting the use of IoT-enabled water sensors to reduce insurance claims due to water damage. Sustainability concerns and water crisis are driving demand for water usage monitoring and leakage detection in both residential and commercial segments. Advanced sensor technologies and wireless connectivity enable real-time monitoring and predictive analytics for water conservation efforts. The market includes water sensors, leak detectors, flow meters, irrigation controllers, and plumbing fixtures, with a centralized platform and mobile applications for easy setup and personalization. Data security and privacy are essential considerations, with smart algorithms, machine learning capabilities, and encryption protocols ensuring protection against unauthorized access and data breaches. The market also includes ultrasonic flowmeters, irrigation systems, and ZLD treatment for industrial sectors, as well as smart city projects and production sites. Smart devices and water quality monitoring are also gaining importance in the market. 

The smart home water sensor and controller market in North America is witnessing significant advancements due to increased investments in research and development by vendors. New products are being introduced with innovative features such as wireless connectivity, automation, and cloud-based storage. These advancements include inline shutting-off features in water valves upon leak detection to minimize damage. Additionally, voice control capabilities and compatibility with smart hubs are becoming increasingly popular, enabling users to control devices from any location in their homes with ease. Vendors in North America are focusing on these features to meet the growing demand for convenient and efficient smart home solutions. 

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Market Challenges

The North American Smart Home Water Sensor and Controller market is experiencing significant growth due to increasing concerns over water conservation and sustainability. Homeowners are seeking hands-free control of their water systems using virtual assistants and voice commands. The market is driven by the smart home ecosystem, with Z-Wave and wireless connectivity technologies leading the way. Insurance firms are also pushing for IoT-enabled water sensors to reduce insurance claims from water damage. Challenges include ensuring water quality monitoring, leak detection, and real-time water usage monitoring in both residential and commercial sectors. The market includes smart devices such as ultrasonic flowmeters, irrigation controllers, and leak detectors. Water levels in industrial sectors and plumbing fixtures are also monitored for water wastage. Predictive analytics and advanced sensor technologies enable real-time monitoring and water conservation efforts. Data security, privacy, and unauthorized access are key concerns, with encryption protocols and smart algorithms ensuring data protection. The market includes wireless technology, smartphones, tablets, and a centralized platform for easy setup and alarm system personalization. Wi-Fi 6 and Wi-Fi direct connect are used for wireless connectivity. The market includes water crisis, water consumption, water scarcity, water pollution, water supply, ZLD treatment, smart city projects, production sites, and irrigation systems.

In the North American market, smart home water sensors and controllers present a significant opportunity for vendors. However, high costs are a major challenge. The average price of a single hub and sensor ranges from USD55 to USD100, while a complete system with two hubs and ten sensors can cost between USD500 and USD1,000. These prices may deter price-sensitive consumers from adopting these technologies. Instead, they may opt for traditional alternatives like non-smart water leak detectors or manual water system checks. Vendors must consider strategies to make these solutions more affordable while maintaining quality and functionality.

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Segment Overview 

This smart home water sensor and controller market in North America report extensively covers market segmentation by

TypeWi-Fi TechnologyOthersApplicationCommercial And IndustrialResidentialGeographyNorth America

1.1 Wi-Fi technology-  In the North American market, a notable trend is the use of Wi-Fi technology in smart home water sensors and controllers. Wi-Fi is a widespread communication technology for home networking and public places, offering benefits such as high bandwidth (up to 2 MHz), ease of installation, and compatibility with various smart devices. Wi-Fi devices use star networking topology, enabling easy addition or removal of devices without network disruption. This technology is cost-effective compared to ZigBee and Z-Wave, making Wi-Fi-based smart home water sensors and controllers accessible to a larger consumer base. Vendors like Oval Digital Inc., Phyn LLC, Resideo Technologies, and Samsung Electronic Co. Ltd., among others, provide Wi-Fi-based smart home water sensors and controllers. Notable products include the Notion Smart Security Starter Kit from Loop Labs, Flo by Moen from Moen, BUOY WHOME WATER CONTROLLER from Resideo Technologies, and SMART WATER LEAK AND FREEZE DETECTOR from Roost, Inc. The convenience of use and compatibility with smartphones, tablets, and other smart home devices contribute to the increasing adoption of Wi-Fi-based smart home water sensors and controllers in North America. Advancements in Wi-Fi technology, such as the use of the unlicensed 900 megahertz (MHz) frequency band, provide enhanced coverage capabilities and a competitive edge over other communication technologies. Despite requiring frequent charging and battery replacement, and being susceptible to data transfer speed fluctuations and interference, Wi-Fi-based smart home water sensors and controllers continue to witness steady revenue growth in North America due to their cost-effectiveness and easy pairing advantages.

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Research Analysis

The Smart Home Water Sensor and Controller market in North America is experiencing significant growth as homeowners seek to automate and monitor their water systems for increased efficiency and convenience. Virtual assistants like Siri, Alexa, and Google Home integrate with these systems, allowing homeowners to control their water usage and receive alerts for potential leaks or water quality issues using voice commands. These devices use advanced sensor technologies and wireless connectivity, including Z-Wave and Wi-Fi direct connect, to provide real-time monitoring and water conservation efforts. Smartphones and tablets serve as a hub for managing water usage and receiving alerts, making it easier for homeowners to personalize their water management systems and save water. The market for smart home water sensors and controllers is expected to continue growing as residential construction incorporates more electronic systems, and homeowners prioritize water leak detection, water quality monitoring, and water usage optimization.

Market Research Overview

The Smart Home Water Sensor and Controller Market in North America is experiencing significant growth as homeowners seek to automate and optimize their water systems. Virtual assistants and voice commands enable hands-free control, integrating these devices into the smart home ecosystem. Wireless connectivity technologies like Z-Wave and Wi-Fi 6 facilitate easy setup and real-time monitoring. Water conservation is a major driver, with IoT-enabled water sensors and advanced sensor technologies detecting leaks and optimizing water usage. Alerts for water management solutions help homeowners save water and prevent costly insurance claims. Insurance firms are also promoting these systems due to sustainability concerns and the potential for reducing water crisis-related damages. The commercial segment, including smart city projects, production sites, and industrial sectors, is adopting these technologies for water leakage detection, water quality monitoring, and water usage optimization. Ultrasonic flowmeters and irrigation controllers are popular solutions. Water scarcity, water pollution, and water supply issues are increasing concerns, making water conservation efforts crucial. Smart home ecosystems, including smartphones and tablets, offer personalized water management solutions with Wi-Fi direct connect and mobile applications. However, data security, privacy, and unauthorized access are significant challenges. Encryption protocols, smart algorithms, and machine learning capabilities are essential to mitigate risks and ensure data breaches do not compromise the benefits of these innovative water management systems.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeWi-Fi TechnologyOthersApplicationCommercial And IndustrialResidentialGeographyNorth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Best AI Tools for Marketing Content (2026): CapCut Recognized for Faster AI-Powered Video and Image Creation by Better Business Advice

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NEW YORK, Oct. 24, 2026 /PRNewswire/ — Better Business Advice has recognized CapCut in its 2026 coverage of the best AI tools for marketing content, highlighting its collection of AI-powered features for creating and editing videos, images, audio, and other campaign assets. The recognition reflects growing interest in tools that help transform creative concepts into usable marketing materials while reducing the manual work involved in production.

Best AI Marketing Tools

Seedance 2.0 – an AI video generation model that creates videos from text prompts or imagesSeedream – an AI image generation model that creates high-quality visuals from text prompts

AI-powered content creation is changing how businesses develop digital marketing campaigns. From promotional videos and product imagery to social media graphics and branded audio, organizations face growing demand for creative assets across multiple digital channels. Tools that simplify production and support faster experimentation are becoming an increasingly important part of modern marketing workflows.

CapCut offers a range of AI-assisted capabilities covering several stages of content creation. These include text-based video generation, AI image generation, background removal, image expansion, music generation, and photo animation. Together, the tools provide options for producing marketing assets for social media, digital advertising, product promotions, and other online campaigns.

AI Video Generation Supports Promotional Campaigns

Video is an important format for communicating product information, presenting services, and building audience engagement. However, producing video content regularly can require significant planning, editing, and creative resources.

CapCut’s Seedance 2.0 AI video generator supports prompt-based video creation. Users can describe a creative concept and generate video content that serves as a starting point for further development.

The capability can support promotional videos, product showcases, educational content, and social media campaigns. It also gives creators a way to explore different visual approaches during the planning stage before refining the selected direction.

For businesses producing content across multiple channels, AI-assisted video generation can help reduce the effort required to develop initial concepts. Generated material can then be reviewed and edited to align with campaign objectives, brand guidelines, and platform requirements.

Image Generation Helps Develop Marketing Concepts

Visual assets influence how products, services, and campaigns are presented to audiences. Developing suitable imagery often involves several rounds of brainstorming and creative testing before a final direction is selected.

CapCut’s Seedream AI image generator enables users to create images from text prompts. The tool can support concept drafts, campaign planning, and experimentation with different visual styles.

For example, a seasonal marketing campaign may require several approaches to backgrounds, compositions, and visual themes. AI-generated drafts can help illustrate those options before resources are committed to final production.

CapCut’s GPT Image 2 provides another option for generating images from natural language instructions. The feature can support the development of promotional graphics, campaign imagery, and other visual assets.

These tools help shorten the early stages of creative development by making it easier to turn written ideas into visual references. Human review remains important to ensure the resulting assets accurately represent the product and meet the campaign’s requirements.

Image Editing Simplifies Asset Preparation

AI image generation is only one part of preparing content for publication. Existing photographs and graphics often need adjustments before they can be used across marketing channels.

CapCut’s AI background removal tool helps separate subjects from their original backgrounds. This can be useful when preparing product images, promotional graphics, and other assets that require a different visual setting.

The AI Image Extender addresses the challenge of adapting images to different layouts. By generating content beyond an image’s original boundaries, the tool can help users adjust compositions for different formats without relying entirely on cropping or stretching.

These capabilities can support the preparation of visuals for social media posts, website banners, digital advertisements, and product promotions. They also provide options for repurposing existing creative assets instead of producing entirely new images for every placement.

AI Audio and Photo Animation Expand Creative Options

Marketing content often combines visuals, movement, and sound to communicate a message. Producing these elements separately can add complexity to the creative process.

CapCut’s SeedMusic AI audio generator supports AI-assisted music creation based on creative prompts. Generated music can be used as a starting point for videos, promotional campaigns, and other multimedia projects, subject to appropriate review and usage requirements.

The platform’s Photo-to-3D tool offers another way to adapt still images into more dynamic visual content. This capability can help transform existing photography into animated presentations for product showcases, social media, and digital promotions.

By supporting audio creation and image animation alongside video and image tools, CapCut provides additional options for developing varied marketing materials.

A Connected Workflow for Marketing Content

CapCut’s collection of AI-powered features supports several stages of campaign production within one creative environment. A project could begin with concept images generated through Seedream, followed by visual development with GPT Image 2. Background removal and image expansion can then help prepare assets for different placements.

Selected visuals can be incorporated into video projects using Seedance 2.0, while SeedMusic offers an option for developing accompanying audio. Photo-to-3D can provide another format for repurposing existing images.

Not every campaign requires all these capabilities. Their practical value depends on the content format, production requirements, and intended audience. Reviewing generated assets for accuracy, visual consistency, and suitability remains essential before publication.

Better Business Advice’s recognition of CapCut reflects the growing role of AI-assisted production in digital marketing. As businesses continue to develop content for multiple channels, tools that support video creation, image generation, editing, and multimedia production can help simplify creative workflows while leaving room for human direction and quality control.

The full article can be read at the Better Business Advice website.

About CapCut

CapCut is an AI-powered photo and video editing platform designed to make high-quality video creation accessible across devices. The platform supports creators, businesses, and everyday users with tools for video editing, AI video generation, captions, templates, audio, and visual editing. CapCut is available across mobile, web, desktop, and iPad experiences, helping users create, edit, and prepare video content for social media, marketing, education, and personal projects.

About Better Business Advice: Better Business Advice covers the news and strategies driving modern business success. The information provided by Better Business Advice does not, and is not intended to, constitute legal advice; instead, all information, content, and materials are for general informational purposes only. As an affiliate, Better Business Advice may earn commissions from services mentioned in the links provided.

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SOURCE BetterBusinessAdvice.com

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Bio-Thera Announces Promising Clinical Data for BAT8008 in Combination with BAT1308 in First-Line Non-Small Cell Lung Cancer at ESMO 2026

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GUANGZHOU, China, Oct. 24, 2026 /PRNewswire/ — Bio-Thera Solutions, Ltd. (688177.SH), a commercial-stage biopharmaceutical company developing innovative therapies and biosimilars, today announced the presentation of clinical data for BAT8008, a TROP2-targeted antibody-drug conjugate (ADC), in combination with BAT1308, an anti-PD-1 monoclonal antibody, at the 2026 European Society for Medical Oncology (ESMO) Congress. Professor Shaodong Hong of Sun Yat-sen University Cancer Center delivered a rapid oral presentation highlighting results from the combination regimen in patients with non-small cell lung cancer (NSCLC). Further details are available on Bio-Thera’s official website.

In the first-line, mutation-negative NSCLC population (N=104), treatment with BAT8008 in combination with BAT1308 achieved an objective response rate (ORR) of 61.2% and a median progression-free survival (PFS) of 12.42 months. In the non-squamous NSCLC subgroup, the ORR was 65.2%, while median PFS had not yet been reached at the time of analysis. The combination demonstrated a manageable safety profile consistent with the known safety characteristics of the individual agents, with no new safety signals identified.

“We are very encouraged by these Phase 2 results evaluating BAT8008 in combination with BAT1308 as a first-line treatment for advanced non-small cell lung cancer”, said Shengfeng Li, CEO of Bio-Thera Solutions.  “The findings support the potential of this combination approach in First Line NSCLC and reinforce our commitment to advancing innovative oncology therapies for patients with significant unmet medical needs.”

Lung cancer remains a major global health challenge, and NSCLC accounts for the majority of lung cancer cases. Patients with advanced NSCLC who lack actionable genomic alterations continue to face significant treatment challenges, despite advances in immunotherapy and chemoimmunotherapy. New treatment strategies that can improve clinical outcomes while maintaining a manageable safety profile remain an important area of oncology research.

TROP2-targeted ADCs combine tumor-directed delivery of cytotoxic payloads with the potential to modulate the tumor microenvironment. When combined with PD-1 blockade, this approach may offer complementary mechanisms of action, providing a rationale for clinical investigation in NSCLC. The clinical findings presented at ESMO 2026 support further evaluation of BAT8008 in combination with BAT1308 as a potential treatment option for patients with NSCLC.

About Bio-Thera Solutions:

Bio-Thera Solutions, Ltd., a leading innovative, global biopharmaceutical company in Guangzhou, China, is dedicated to researching and developing novel therapeutics for the treatment of cancer, autoimmune, cardiovascular, eye diseases, and other severe unmet medical needs, as well as biosimilars for existing, branded biologics to treat a range of cancer and autoimmune diseases. As a leader in next generation antibody discovery and engineering, the company has advanced multiple candidates into late-stage development, including six approved products: QLETLI® (adalimumab) and BETAGRIN® (bevifibatide citrate) Injection in China, STARJEMZA® (ustekinumab) in the US and USYMRO® (ustekinumab) in the EU, TOFIDENCE®/BAT1806 (tocilizumab) and AVZIVI® (bevacizumab-tnjn) in the US and in the EU, a/k/a POBEVCY® in China, and GOTENFIA® (golimumab) in the EU and IMMGOLIS™ (golimumab-sldi) in the US. In addition, the company has more than 20 promising candidates in clinical trials, focusing on immuno-oncology in the post-PD-1 era and targeted therapies such as antibody-drug conjugates (ADCs). For more information, please visit www.bio-thera.com/en/ or follow us on X (@bio_thera_sol) and WeChat (Bio-Thera).

Bio-Thera Cautionary Note Regarding Forward-Looking Statements

This news release contains certain forward-looking statements relating to BAT8008, BAT1308 or the product pipelines in general of Bio-Thera Solutions. Readers are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. The forward-looking statements include, among others, those containing “could,” “may,” “should,” “will,” “would,” “anticipate,” “believe,” “plan,” “promising,” “potentially,” or similar expressions. They reflect the company’s current views with respect to future events that are based on what the company believes are reasonable assumptions in view of information currently available to Bio-Thera Solutions, and are not a guarantee of future performance or developments. Actual results and events may differ materially from information contained in the forward-looking statements as a result of a number of factors, including, but not limited to, risks and uncertainties inherent in pharmaceutical research and development, such as the uncertainties of pre-clinical and clinical studies. Other risks and uncertainties include challenges in obtaining regulatory approvals, manufacturing, marketing, competition, intellectual property, product efficacy or safety, changes in global healthcare situation, changes in the company’s financial conditions, and changes to applicable laws and regulations, etc. Forward-looking statements contained herein are made only as of the date of their initial publication. Unless required by laws or regulations, Bio-Thera Solutions undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, changes in the company’s views or otherwise.

Bio-Thera Contact:
Bert E. Thomas IV
Phone: +1.410.627.1734
Email: bethomas@bio-thera.com

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SOURCE Bio-Thera Solutions, Ltd

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ASTRI Showcases Pioneering Technologies at InnoCarnival 2026

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Driving Technology Adoption, Shaping a Vision for the Future

HONG KONG, Oct. 24, 2026 /PRNewswire/ — The Hong Kong Applied Science and Technology Research Institute (ASTRI) is proud to present a range of cutting-edge technologies and practical solutions at this year’s InnoCarnival, spanning communications technology, smart cities, IoT sensing, and renewable energy and energy storage. ASTRI’s innovations address urban development needs and everyday applications, driving diversity in the innovation and technology (I&T) sector.

Organised by the Innovation and Technology Commission of the Hong Kong SAR Government, the InnoCarnival 2026 runs from today through 1 November at Hong Kong Science Park (HKSP) with the theme of “Lead with I&T, Dream to Fly High “, offering the public an opportunity to experience the transformative power and I&T vibrancy.

Ir Dr Ted Suen, Chief Executive Officer of ASTRI, stated: “Innovation is not just about breakthroughs in the lab – it’s about putting technology into practice, empowering industries, and benefiting society as a whole. At ASTRI, we align closely with the government’s priorities in advancing AI development and accelerating new industrialisation. Through our participation in the InnoCarnival, we showcase various state-of-the-art technologies, some of which have been co-developed with industry partners and are already in commercial rollout. These innovations demonstrate the tangible benefits of technology in daily life and inspire the public to explore their curiosity about science and innovation.”

He highlighted the InnoCarnival as a key platform to bridge the I&T community with the public. “This annual landmark event motivates young people to explore their potential and encourages them to pursue careers in Hong Kong’s growing I&T sector,” he added.

ASTRI’s booth (A08), located at the HKSP’s Atrium Link, features interactive games powered by its groundbreaking technologies “5G-SAT Link” and “Omniguard-All-Weather Multispectral Surveillance System” technologies. Visitors can also explore other advanced solutions on display, including the dual-purpose “SafeStop Dual-purpose Impact Dissipation Bollard”, the “Hybrid-Powered Asset Tracker”, and the award-winning “NIR Secure Anti-Counterfeit Solutions”, which received gold award at the prestigious Edison Awards.

1. 5G-SAT Link
ASTRI’s “5G-SAT Link” technology delivers seamless, comprehensive communications coverage—even in remote areas, emergency scenarios where infrastructure is compromised, or at sea and in the air.

2. Omniguard: All-Weather Multispectral Surveillance System
The “Omniguard” is equipped with exceptional fog penetration capabilities, superior contrast, and crystal-clear signal quality. Leveraging its advanced shortwave and longwave infrared sensors, the system can even detect non-metallic vessels that are difficult for radar systems to identify in harsh coastal environments.

3. SafeStop Dual-purpose Impact Dissipation Bollard
Developed by ASTRI, the “SafeStop Bollard” features a unique material design inspired by the retractable claw structure of cats. Its 3D tension-expansion composition allows it to effectively dissipate kinetic energy from moving vehicles, providing dual protection by blocking vehicles while minimising potential harm to occupants. Certified to meet international crash-test standards, the bollard’s shallow foundation design makes it ideal for fast and efficient installation in high-traffic urban locations.

4. Hybrid-Powered Asset Tracker
The “Hybrid-Powered Asset Tracker” enables efficient, real-time management of airport equipment such as baggage carts over extended periods. Supported by the Airport Authority Hong Kong, the tracker is compatible with airport wireless networks and utilises automatic Bluetooth-GPS switching for seamless indoor and outdoor location updates. With a long-lasting battery combined with an efficient, low-light solar panel, the tracker extends its lifespan from under two years to five years.

5. NIR Secure Anti-Counterfeit Solutions
The “NIR Secure Anti-Counterfeit Solutions” offer an innovative authentication system by embedding covert near-infrared (NIR) absorbing materials into product packaging. Users can verify product authenticity instantly using a smartphone, paired with an NIR reader and mobile app. Highly scalable and robust, this solution combats counterfeit goods while preserving the original product design and production workflow. Co-developed with Zhuhai Print-Rite New Materials Corporation Ltd., this technology sets a new benchmark in secure authentication.

Photos Download: https://bit.ly/4iguifh

About ASTRI

Founded in 2000 by the HKSAR Government, Hong Kong Applied Science and Technology Research Institute (ASTRI) is the city’s largest government-funded R&D centre. Committed to transforming high-impact research into practical innovations, ASTRI drives market-driven, interdisciplinary advancements across sectors, including Smart City, FinTech, Digital Health and Life Sciences, New Industrialisation and Intelligent Manufacturing, Application-Specific Integrated Circuits (ASIC) and Advanced Electronics, New Energy and Energy Storage, and Green and ESG Technologies. Following its merger with the Nano and Advanced Materials Institute, ASTRI has further strengthened its capabilities, with over 1,500 patents and 2,200 successful cases of technology transfer. Recognised with numerous international awards, ASTRI continues to nurture top I&T talent and foster collaborations among the I&T ecosystem, contributing to Hong Kong’s high-value economic development. For more information, please visit: https://www.astri.org 

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SOURCE Hong Kong Applied Science and Technology Research Institute (ASTRI)

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