Semiconductor and Electronics

According to the new market research report " RFID Market by Product (Tags, Reader, and Software), Wafer Size, Working (Passive, and Active), Frequency( Low, High, Ultra-high), Applications, Form Factor (Button, Card, Electronic Housing, Implants), Label Type, and Region - Global Forecast to 2023",the radio-frequency identification (RFID) market is expected to be valued at USD 31.42 Billion by 2023, growing at a CAGR of 7.7% between 2017 and 2023. The factors that are driving the growth of this market are the increasing penetration of RFID in various industries; and evolution of IoT.   “RFID market for tags expected to grow at the highest rate during the forecast period” The market for RFID tags is expected to grow at the highest CAGR between 2017 and 2023. Reduction in the costs have led to rise in adoption of RFID tags; demand for the tags will continue to raise competitive situations in the market, which in turn will lead to further innovations in the RFID syst...

The report " Insulation Monitoring Devices Market by Response Time, Application (Power Utilities, Manufacturing and Production, Mining, Healthcare, Transportation), and Geography (North America, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2023" , The insulation monitoring devices market is expected to grow from USD 579 million in 2018 to USD 748 million by 2023, at a CAGR of 5.25% during the forecast period. The major factors driving the market growth include the prevention of data loss due to power supply fluctuations, necessity of electricals in IT systems, and increased demand for insulation monitoring devices from renewable energy power plants. Insulation monitoring devices with <4 s response times to lead market during forecast period The response time of the insulation monitoring devices depends on the system leakage capacitance, insulation resistance, and system-related interference disturbances. The measuring accuracy of the insulation...

According to the new research report " Medical Device Testing Market by Services (Testing, Inspection, Certification), Sourcing (In-house, Outsourced), Class (Class I, Class II, Class III), Technology (Active Implant, IVD, Orthopedic & Dental, Ophthalmic, Vascular) - Global Forecast to 2023" , the medical device testing market size is expected to be USD 12.26 Billion by 2023, growing at a CAGR of 6.18% from USD 8.56 Billion in 2017. The market growth is mainly driven by an increasing need of validation and verification (V&V) for medical device, and imposition of rigorous government regulations and standards across medical devices. Medical device testing market for testing services held the largest market share in 2016 Increasing regulatory focus on quality control for manufacturing operations, on additional safety, testing, and reporting measures requires advanced test equipment and instrumentation on-site in manufacturing facilities and laboratories. The ...

According to the new market research report " Farm Management Software Market by Agriculture Type (Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse Farming), Delivery Model (Web Based, Cloud Based), Service Provider, Application, and Geography - Global Forecast to 2023" , The farm management software market was valued at USD 748.0 Million in 2016 and is expected to reach USD 1,937.9 Million by 2023, at a CAGR of 14.12% between 2016 and 2023. The increasing implementation of cloud computing in real-time farm data management, growing population and demand for food worldwide, governments’ support to adopt modern agricultural techniques, strengthening of intellectual property rights over agricultural innovations, and increasing focus on monitoring livestock performance and health to increase farm efficiency are some of the significant drivers for the growth of this market. Precision farming agriculture type to hold a major share of the farm manageme...

According to the new research report " Microgrid Market by Type (Grid Connected, and Remote/Island), Offering (Hardware, Software, and Services), Consumption Pattern (Urban & Metropolitan, Semi-urban, and Rural/Island), Vertical, and Region - Global Forecast to 2023" , The microgrid market is expected to grow from USD 22.22 billion in 2018 to USD 39.10 billion by 2023, at a CAGR of 11.97% between 2018 and 2023. The growth of the microgrid market can be attributed to the government initiatives to reduce carbon footprint, increasing demand for reliable and secure power supply worldwide, and the advantages of cheap and clean energy storage. Microgrid market for remote/island to grow at higher CAGR between 2018 and 2023 Microgrids are mainly of 2 types: grid connected and remote/island. Remote/island microgrids are mainly used to provide diverse power sources for geographically remote communities and developing countries. Along with the expansion of electricity infras...

According to the new market research report on the " Machine Condition Monitoring Market by Monitoring Technique (Vibration Monitoring, Thermography, Oil Analysis, MCA), Deployment (On Premise, Cloud), Monitoring Process (Online, Portable), Offering, Industry, and Region - Global Forecast to 2024" , The machine condition monitoring market is estimated to grow from USD 2.38 Billion in 2018 to USD 3.50 Billion by 2024, at a CAGR of 6.7% between 2018 and 2024. Factors such as the development of a secure cloud computing platform, increased use of wireless communication technology for condition monitoring of equipment, and inclination of end users toward predictive maintenance are driving the growth of the machine condition monitoring market at present. The motor current analysis technique is expected to witness the highest CAGR during the forecast period The market for the motor current analysis technique is expected to grow at the highest CAGR between 2018 and 2024. ...

According to the new market research report " Vertical Farming Market by Growth Mechanism (Hydroponics, Aeroponics, and Aquaponics), Structure (Building Based and Shipping Container), Offering (Hardware, Software, and Service), Crop Type, and Geography - Global Forecast to 2022" , the vertical farming market is estimated to be valued at USD 5.80 Billion by 2022, growing at a CAGR of 24.8% between 2016 and 2022. The factors driving the growth of the vertical farming market include high quality food with no use of pesticides, less dependency on the weather for production, growing urban population, increase in the year around production of the crops, and reduced impact on the environment. Lighting devices are expected to lead the vertical farming market Lighting as a hardware device, in terms of value, expected to grow at the highest rate between 2016 and 2022. The factor for its growth is that traditional lighting system would be replaced by LED lighting system. LED...

The report " Emergency Spill Response Market by Type (Product (Booms, Skimmers, Transfer Products, Sorbents), Services (Product Rental, Waste Management, Manpower Training), Spill Material (Oil, Chemical & Hazardous), Vertical - Global Forecast to 2022" , The emergency spill response market is expected to be worth USD 33.68 Billion by 2022, growing at a CAGR of 7.0% between 2016 and 2022. The emergency spill response market is driven by the increasing international trade and transportation and initiatives taken by government agencies of various countries globally to protect the environment from the adverse effects of pollution by enacting various environmental protection and restoration policies and legislations. In the future, government initiatives to strengthen the response to oil spills on the sea would provide opportunities to the players operating in this market. “Skimmers held the largest share of the market based on product type” Skimmers held th...

According to the new market research report " Home Automation System Market by Protocol and Technology (Network and Wireless), Product (Lighting, Security and Access Control, HVAC and Entertainment Control), Software and Algorithm (Behavioral and Proactive), and Geography - Global Forecast to 2022" , the home automation system market was valued at USD 39.93 Billion in 2016 and is expected to reach USD 79.57 Billion by 2022, at a CAGR of 11.3% during the forecast period. The home automation system market is driven by factors such as the significantly growing IoT market, cost reduction measures enabled by home automation systems, presence of a large number of manufacturers expanding their product portfolios, and the increasing importance of home monitoring from remote locations. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=469 “Entertainment control expected to be the largest market during the forecast period” The entertainme...