Semiconductor and Electronics

According to the latest market research report " Deep Learning Market by Offering (Hardware, Software, and Services), Application (Image Recognition, Signal Recognition, Data Mining), End-User Industry (Security, Marketing, Healthcare, Fintech, Automotive, Law), and Geography - Global Forecast to 2023" , the deep learning market, the overall deep learning market is estimated to be valued at USD 3.18 Billion in 2018 and is expected to be worth USD 18.16 Billion by 2023, at a CAGR of 41.7% from 2018 to 2023. Improving computing power, declining hardware cost, and the increasing adoption of cloud-based technology are fueling the growth of the deep learning market. Usage in big data analytics and growing AI adoption in customer-centric services are the other key factors driving this market. Software to hold largest market share from 2018 to 2023 Software currently holds the largest market share, while the market for services is expected to grow at the highest CAGR bet...

According to the new market research report " Ball Valves Market by Size (Up to 1”, 1”–6”, 6” to 25”, 25” to 50”, 50” and Above), Type (Trunnion Mounted, Floating, Rising Stem), Material (Stainless Steel, Cast Iron, Alloy, Cryogenic), Vertical, and Geography - Global Forecast to 2023" , the ball valves market is expected to reach USD 14.46 Billion by 2023, at a CAGR of 2.9% between 2017 and 2023. The factors that are driving the growth of this market include the increasing demand for industrialization in emerging economies, the evolution of IIoT, demand for process safety, and increasing adoption of the manufacturing industry in the Middle-East. The trunnion mounted ball valves market is expected to grow at the highest rate during the forecast period The market for trunnion mounted ball valves is expected to grow at a high CAGR between 2017 and 2023. The trunnion mounted stem absorbs the thrust from the line pressure, avoiding excess friction between the ball ...

According to the new research report " Magnetic Refrigeration Market by Product (Refrigeration Systems, Air Conditioning Systems and Heat Pumps), Application (Domestic, Commercial, Transportation and Industrial), and Geography - Global Forecast to 2023", the magnetic refrigeration market is expected to be valued at USD 163.7 Million by 2023, growing at a CAGR of 108.0% between 2018 and 2023. The growth of this market is mainly driven by factors such as increasing focus on green technology, low maintenance cost, and high energy efficiency. Domestic application expected to witness the highest CAGR between 2018 and 2023 in the magnetic refrigeration market The market for the domestic application is expected to grow at the highest CAGR between 2018 and 2023. The domestic application includes household appliances for personal use, such as refrigerators. Companies such as Camfridge Ltd. (UK) and Astronautics Corporation of America (US) are planning to launch products ...

According to the new market research report " Automated Container Terminal Market by Degree of Automation (Semi-Automated and Fully Automated), Project Type (Brownfield and Greenfield), Offering (Equipment, Software, and Services), and Geography - Global Forecast to 2023", the automated container terminal market is expected to grow from USD 9.09 Billion in 2018 to reach USD 10.89 Billion by 2023, at a CAGR of 3.7% during the forecast period. The growth of this market is attributed to the growing demand for large container ships, increasing labor cost in developed nations, and growing competition among container terminals. Ship-to-shore cranes held largest share of automated container terminal market for equipment in 2017 Ship-to-shore (STS) cranes are the largest cranes used in the marine and shipping industries. These cranes are mainly designed and constructed for loading and unloading of the containers from a container vessel. The demand for larger containers is...

According to the new market research report " Control Valve Market by Valve Type (Ball, Butterfly, Gate, Globe, Check, Plug), Valve Size, Valve Components (Actuators, Valve Body, Others), Industry (Oil & Gas, Water & Wastewater Treatment, Energy & Power), and Geography - Global Forecast to 2024" ,the control valve market is expected to grow from USD 7.48 billion in 2018 to USD 10.62 billion by 2024, at a CAGR of 6.02% from 2018 to 2024. The key factors driving the growth of this market include the increased need for connected networks to maintain/monitor various equipment in plants and the installation of new nuclear plants, along with the upscaling of existing nuclear plants during the forecast period. Oil & gas industry to account for largest size of control valve market from 2018 to 2024 The oil & gas industry is expected to be the key end-use industry for control valve market owing to the increasing production of crude oil and rising demand...

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 managemen...

The report " Test and Measurement Equipment Market by Product (General Purpose Test Equipment, Mechanical Test Equipment), Service Type (Calibration Services, Repair Services/After Sales Services), End–Use Sector, and Geography – Global Forecast to 2024" The overall test and measurement equipment market is expected to grow from USD 25.7 billion in 2018 to USD 32.3 billion by 2024, at a CAGR of 3.90% during the forecast period. The market is growing due to the increasing demand for this equipment in end-use sectors, such as automotive & transportation, aerospace & defense, IT & telecommunications, education & government, semiconductor & electronics, industrial, and healthcare. The test and measurement equipment market is expected to grow at the highest CAGR in the healthcare sector during the forecast period. There is significant potential for growth of the test and measurement equipment market in this sector due to the development of new healthcare equ...

According to the new market research report " Building Information Modeling (BIM) Market by Type (Software, Services), Project life cycle (Pre-construction, Construction, Operation), Application (Buildings, Civil Infrastructure, Oil & Gas, Industrial, Utilities), Geography - Global Forecast to 2022", the market is expected to grow from USD 3.56 Billion in 2017 to USD 7.64 Billion in 2022, at a CAGR of 16.51% during the forecast period.                   The optimized project performance and increased productivity; enhanced communication and coordination throughout the asset life cycle management process in the construction industry due to adoption of BIM; and government mandates for the usage of BIM in several developed countries are the key driving factors for the building information modeling market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=146901412 So...

According to the new market research report " Micro-Electro-Mechanical Systems (MEMS) Market by Sensor Type (Inertial, Pressure, Microphone, Environmental, and Optical), Actuator Type (Optical, Inkjet Head, Microfluidics, and RF), Vertical, and Geography - Global Forecast to 2022" , the MEMS market is expected to be valued at USD 18.88 Billion by 2022, growing at a CAGR of 9.8% between 2017 and 2022. The major factors driving this growth of this market include the growing demand for smart consumer electronics and wearable devices and introduction of efficient, economical, and compact MEMS technology. Consumer electronics vertical is expected to hold the largest market share during the forecast period The MEMS market for consumer electronics is expected to hold the largest share between 2017 and 2022. This growth is attributed to the increasing usage of MEMS in electronics such as wearable devices; smartphones, tablets, and laptops; portable navigation devices; por...

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 " Milking Robots Market by Offering (Hardware, Software, Service), System Type (Single-Stall Unit, Multi-Stall Unit, Automated Milking Rotary), Herd Size (Below 100, Between 100 and 1,000 and Above 1,000), Geography - Global Forecast to 2023", The milking robots market is expected to grow from USD 1.20 Billion in 2016 to USD 2.48 Billion by 2023, at a CAGR of 11.06% between 2017 and 2023. The rapid growth of the milking robots market can be attributed to various factors, such as growing number of dairy farms across the globe, reduced labor cost of dairy farm operations because of low dependence on manual labor, and increased milk yield due to more frequent milking with the help of automatic milking systems. Single-stall unit projected to lead milking robots market by 2023 Among various milking robot systems, the single-stall unit segment is projected to lead the milking robots market during the forecast period. The increasing preference of dairy far...

The electric heat tracing market is expected to be worth USD 3.26 billion by 2023, growing at a CAGR of 5.3% between 2017 and 2023. Growing requirement of heat tracing systems from various end-user industries and rising importance of heat tracing systems in power plants are the major factors that provide opportunities to the players in the electric heat tracing market. The major factor driving the growth of the electric heat tracing market is the increasing demand for energy-efficient electric heat tracing systems. Key strategies adopted by the major players in the electric heat tracing market include product launches and developments, acquisitions, partnerships, agreements, collaborations, and expansions between 2014 and 2017. Companies such as Pentair (UK), Chromalox (US), BARTEC (Germany), Danfoss (Denmark), Thermon (US), Emerson (US), and eltherm (Germany) have adopted these strategies to expand their customer base and enhance their product portfolio. Download PDF Broch...

The wireless POS terminal market is expected to reach USD 13.00 billion by 2023 from USD 6.73 billion in 2017, at a CAGR of 11.59% during the forecast period. The factors such as wide adoption of wireless payment terminals by retailers; growing use of EuroPay, MasterCard, and Visa (EMV) cards; increasing e-commerce transactions; increase in cashless transactions in different countries, and growing adoption of wireless technology in mobile handsets and wearables drive the demand for wireless POS terminals. Reduction in the cost of wireless technologies and increase in their reliability would create growth opportunities for the wireless POS terminal market players in the near future. Some of the major players operating in the wireless POS terminal market are Ingenico (France), Verifone (US), First Data (US), PAX Global Technology (Hong Kong), NCR Corporation (US), Diebold Nixdorf (US), BBPOS (Hong Kong), Elavon (US), Castles Technology (Taiwan), Winpos (Finland), BITEL (Korea), ...

Increasing maritime trade has encouraged the demand for larger container ships, which requires advanced container terminal facilities for the loading and unloading of large containers. Automated container terminals are the terminals where at least some part or an entire process of discharging of ships, transportation, and yard equipment operations are automated. These terminals use automated container handling equipment that require no human interaction. The global automated container terminal market is expected to reach USD 10.89 billion by 2023 from USD 9.09 billion in 2018, at a CAGR of 3.7% between 2018 and 2023. Factors such as growing demand for larger container ships, increasing labor cost in developed countries, and growing competition among container terminals are driving the growth of the automated container terminal market. The automated container terminal market for semi-automated terminals is expected to witness significant growth during the forecast period. The ...

The eye tracking market was valued at USD 267.8 million in 2016 and is expected to reach USD 1,376.5 million by 2023, at a CAGR of 27.4% between 2017 and 2023. The eye-tracking technology is being increasingly adopted in various verticals, such as automotive and transportation; government, defense, and aerospace; and consumer electronics. The most prominent verticals that employ eye-tracking technology are healthcare and research labs, and retail and advertisement. North America held the largest share of the eye tracking market in 2016, and the trend is expected to continue during the forecast period. Europe is also a prominent region for eye-tracking technology with a number of eye-tracking firms based out of the region. There is a growing investment in R&D by the industry leaders and also increased spending by B2B customers of eye-tracking technology. The rising demand in healthcare and retail sectors is also expected to drive the growth of the market. Collaborations and p...

The building information modeling (BIM) market has witnessed enormous developments in the past few years. The North American region is expected to capture the largest market share in 2017 followed by Europe. The market in the APAC region is expected to grow at the highest rate between 2017 and 2022. Hence, these are the major regions wherein BIM is expected to witness maximum growth. This is because of the presence of the large number of BIM software and services offering companies in these regions. The BIM market is highly competitive with a number of big and small players. Till 2017, the BIM market was dominated by Autodesk Inc. (U.S.), Nemetschek SE (Germany), Trimble Navigation Limited (U.S.), Bentley System, Inc. (U.S.). New product launches and partnerships & collaborations were the prevailing strategies adopted by the top players to capture a larger share in the BIM market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95037387 ...

According to the new market research report on the " GaN Power Device Market by Device Type (Power, RF Power), Voltage Range, Application (Power Drives, Supply & Inverter, and RF), Vertical (Telecommunications, Consumer, Automotive, Military, Defense, Aerospace), and Geography - Global Forecast to 2023" , this market is expected to be worth USD 1,890.2 Million by 2023 from USD 408.3 Million in 2017, at a CAGR of 29.1% between 2017 and 2023. The major factors driving the growth of the GaN power device industry include huge revenue generation from the consumer electronics and automotive verticals, wide bandgap property of GaN material encouraging innovation, success of GaN in RF-power electronics, and increasing adoption of GaN RF power device in military, defense, and aerospace verticals. Power device to grow at the highest rate during the forecast period GaN power device market for power devices is estimated to register the highest CAGR during the forecast pe...

According to the new research report on the " AI in Agriculture Market by Technology (Machine Learning, Computer Vision, Predictive Analytics), Offering, Application (Precision Farming, Drone Analytics, Agriculture Robots, Livestock Monitoring), Offering, and Geography - Global Forecast to 2025" , The AI in agriculture market is expected to grow at a CAGR of 22.5% to reach USD 2,628.5 Million by 2025 from USD 518.7 Million in 2017. The rapid growth of the AI in agriculture market can be attributed to various factors including the growing demand for agricultural production owing to the increasing population, rising adoption of information management systems and new, advanced technologies for improving crop productivity, increasing crop productivity by implementing deep learning techniques, and growing initiatives by worldwide governments supporting the adoption of modern agricultural techniques. Machine learning-enabled solutions are being significantly adopted by agri...

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 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 are the major factors fueling the growth of the overall market. The automation of the industrial sector is expected to be more dependent on the uninterrupted power supply in the future. The automated production processes due to the increased renaissance on connectivity and advanced technologies would contribute to the high growth of the insulation monitoring devices market for the manufacturing sector. This sector has witnessed many quantum leaps in technology in the past decade and is now set to outpace the other sectors. The revamping of organizations has become a necessity with the use of advanced technologies to ensure mini...