Semiconductor and Electronics

The load monitoring system market is estimated to be USD 2.6 billion in 2018 and is expected to reach USD 3.3 billion by 2024, at a CAGR of 4.0% during the forecast period. Load monitoring system is a combination of load cells, load indicators and controllers, and data logging software. Load monitoring system is based on analog or digital technology and used in various industries such as automotive, marine, food & beverages, agriculture, healthcare, aerospace, construction, and oil & gas. Rise in demand for load monitoring system in healthcare, increase in use of load monitoring system for testing and monitoring aircraft parts, decline in instrumental errors owing to technological innovations in load cells, and increase in demand for remote load monitoring are the major factors driving the growth of the market. The market for indicator and controller is expected to grow at the highest CAGR during the forecast period. The indicators and controllers are basically display ...

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), Industry, and Geography - Global Forecast to 2024" , the ball valves market is expected to be worth USD 12.6 billion in 2019 and reach USD 15.2 billion by 2024, at a CAGR of 3.75% from 2019 to 2024. The growth of this market can be attributed to the high demand for ball valves from various industries such as oil & gas, energy & power, and water & wastewater, especially from APAC and North America. Oil & gas industry to hold the largest share of the ball valves market in 2019 By industry, the oil & gas leads the ball valves market. Recent uptrend in the oil & gas industry, the latest discovery of shale gas in North America, and increasing demand for cleaner fuels are the major factors that are likely to drive t...

The AI in agriculture market is expected to be valued at USD 2,628.5 million by 2025, growing at a CAGR of 22.5% between 2017 and 2025. The major factors contributing to the growth of the AI in agriculture market are 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 .   Moreover, the increasing penetration of AI technology for agriculture and livestock monitoring applications are also expected to fuel the growth of the AI in agriculture market during the forecast period. The AI in agriculture market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. The increasing adoption of deep learning and computer vision te...

The report " Satellite Modem Market by Channel Type (SCPC & MCPC), Data Rate (High-Speed, Mid-Range, Entry-Level), Application (Mobile & Backhaul, IP Trunking, Offshore Communication), End User (Telecom, Marine, Oil & Gas), & Geography - Global Forecast to 2023" , The satellite modem market is expected to grow from USD 296.4 Million in 2017 to USD 420.4 Million by 2023, at a CAGR of 6.0% between 2017 and 2023. The major factors driving the growth of the satellite modem market include continuous innovation by satellite modem manufacturers to ensure the growth of the market, rising need for enriched high-speed data communication, and growing demand for satellite communication from various verticals. The Multiple Channel Per Carrier (MCPC) modem held the largest size of the satellite modem market in 2016 The larger market share of MCPC modems is attributed to their unparalleled channel efficiency, which is the core requirement of high-data-traffic i...

The GaN power device market is expected to reach 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 market has been segmented on the basis of device type, voltage range, application, vertical, and geography. Product launch and development has been the key strategies adopted by the players to strengthen their business and gain a competitive advantage in the GaN power device market. This strategy accounted for a share of 74% of the overall growth strategies adopted by the key players between January 2014 and October 2017. The ongoing research and developments in the GaN power device space have encouraged companies to adopt this strategy. In addition to product launches and developments, the companies also focus on agreements, acquisitions, and collaborations to expand their product portfolio, sales, and distribution network. This strategy significantly increased their market shares and strengthened their position in the overa...

According to a new market research report “ Smart Packaging Market by Technology (Active, Intelligent, and MAP), Industry Vertical (Food & Beverages, Automotive, Healthcare, Personal Care, and Others) & Geography - Global Forecast to 2020” , the smart packaging market size is expected to reach $39.7 Billion, growing at a CAGR of 4.8% from 2014 to 2020. In the packaging industry, smart packaging is used for various applications. These include food & beverages, automotive, healthcare, and personal care. It offers many advantages over conventional packaging, such as increased shelf life, reduced counterfeiting, increased safety coupled with low cost, and easy implementation, among others. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=196217014 The report covers the smart packaging market on the basis of different technologies and packaging types. It also segments the smart packaging market on the basis of various applications, ...

The report " Precision Farming Software Market by Delivery Model (Local/web-based, Cloud-Based, SaaS, PaaS), Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting), Service Provider, and Geography - Global Forecast to 2022" , The precision farming software market is expected to grow from USD 463.8 Million in 2015 and is expected to reach USD 1,188.7 Million by 2022, at a CAGR of 14.03% between 2016 and 2022. The increasing need for data management through cloud computing and the government’s support for modern agricultural techniques are some of the significant drivers for the growth of the precision farming software market. “Local/web-based delivery model is expected to lead the precision farming software market” The local/web-based software delivery model is expected to hold the largest share of the precision farming software market between 2016 and 2022. These software are being created in programming languages which ar...

According to the new market research report " Millimeter Wave Technology Market by Product (Scanner Systems, Telecommunication Equipment), Frequency Band, License Type, Application (Mobile and Telecom, Military, Defense, and Aerospace, Automotive), and Geography - Global Forecast to 2023" , this market is expected to be worth USD 2,302.6 Million by 2023, at a CAGR of 35.2% between 2017 and 2023. The major factors driving the growth of the millimeter wave  technology industry include the surge in mobile data traffic with bandwidth-intensive  applications, use in the small-cell  backhaul network, demand for innovative application of radar and security  products, and potential use in consumer electronics. Telecommunication equipment expected to hold the largest market size by 2023 Millimeter wave technology-based telecommunication equipment held the largest market share in 2016. This is attributed to the surge in the number of mobile subscribers, resul...

According to the new market research report " Precision Farming Market by Technology (Guidance System, VRT, Remote Sensing), Application (Crop Scouting, Field Mapping, Irrigation), Offering (Hardware-Sensors, GPS/GNSS, Yield Monitors, Software, Services), and Geography - Global Forecast to 2023" , The precision farming market is estimated to be worth USD 5.09 Billion in 2018 and is projected to reach USD 9.53 Billion by 2023, at a CAGR of 13.38% during the forecast period.                                                                  The rapid growth of the precision farming market can be attributed to various factors, such as the increasing adoption of automation and control devic...

According to the new market research report " NDT Services Market by Testing Technique (Ultrasonic, Radiographic, Eddy Current, Magnetic particle, Acoustic Emission, Terahertz Imaging), Type (Inspection, Renting, Training, Calibration), Vertical, & Geography - Global Forecast to 2022" , the NDT services market is expected to reach USD 8.55 Billion by 2022, at a CAGR of 8.52% between 2016 and 2022. The major factors driving this market include the outsourcing of NDT services to third party service providers and aging infrastructure and increasing need for maintenance. Ultrasonic testing technique to hold the largest share in the NDT services market The ultrasonic testing (UT) is expected to occupy the leading market share between 2016 and 2022. It uses high-frequency sound energy to examine and measure defects. UT can be deployed to inspect objects that are not easily accessible for inspection through direct contact, for example, for inspecting piping system b...

According to the new market research report " Land Mobile Radio Market by Type (Hand Portable, and In-Vehicle), Technology (Analog, and Digital), Frequency (25-174 MHz, 200-512 MHz, 700 MHZ & above), Application (Commercial, and Public Safety), and Geography - Global Forecast to 2022" , the Land Mobile Radio (LMR) market is expected to be valued at USD 20.82 Billion by 2022, growing at a CAGR of 14.3% between 2016 and 2022. Demand for inexpensive and reliable land mobile radios, growing significance of efficient critical communication operations, application of land mobile radios in diverse industries, and transition of communication devices from analog to digital are some of the factors driving the land mobile radio market. “Digital technology expected to grow at a high rate during the forecast period” The market for digital land mobile radio devices is expected to grow at a high CAGR during the forecast period. Growing technological developments and greate...

The report " Broadcast Equipment Market by Application (Radio and Television), Technology (Analog and Digital), Products (Dish Antennas, Amplifiers, Switches, Encoders, Video Servers, Transmitters, and Modulators) and Geography - Global Forecast to 2023", The broadcast equipment market is expected to grow from USD 4.38 Billion in 2017 to USD 5.82 Billion by 2023, at a CAGR of 4.87% between 2017 and 2023. The rising demand for ultra high definition (UHD) content production and transmission, radical shift of products from hardware oriented to software and open architecture based, and increasing D2C offerings through OTT services and multi-channel networks in developed economies are some of the factors driving the growth of the broadcast equipment market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=111738599 Increasing use of video servers to store and play out multiple video streams to drive the growth of broadcast equipment m...

According to the latest market research report " Microgrid Controller Market by Connectivity (Grid connected & Remote), Offering (Hardware, Software, and Services), Vertical (Government, Utilities, Commercial, Military & Defense, Healthcare) and Geography - Global Forecast to 2024" , The microgrid controller market is expected to grow from USD 6.1 billion in 2019 to USD 12.6 billion by 2024, at a CAGR of 15.65% during the forecast period. One of the major driving factors for the microgrid controller market’s growth is the rising adoption of microgrids for reliable and secure power supply. Based on offering, hardware is expected to account for the major share of the microgrid controller market during the forecast period. Microgrid controllers consist of hardware, software, and services. Hardware includes generation optimizers, local controllers, supervisory controllers, communications network, and human machine interfaces. The expected largest market share ...

The medical device testing market is expected to grow from USD 8.56 billion in 2017 to USD 12.26 billion by 2023, at a CAGR of 6.18% between 2017 and 2023. Some of the key factors driving this market are increasing need for validation and verification (V&V) for medical devices, and the imposition of rigorous government regulations and standards in medical devices. The active implant medical device segment is projected to grow at the highest CAGR during the forecast period, owing to the implementation of stringent regulations to ensure that implantable medical devices are fit for the human body. These devices are prone to risks and are subject to rigorous regulatory controls, both pre- and post-marketing. Third-party service providers can leverage this opportunity to provide TIC services, including pre-shipment inspection, quality and quantity inspection, in the active implant medical devices segment. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadN...

According to the new market research report " Load Monitoring System Market by Offering (Load Cell, Indicator & Controller, Data Logging Software), Technology (Analog, Digital), Industry (Automotive, Healthcare, Marine, Construction), and Geography - Global Forecast to 2024" , the load monitoring system market is estimated to be worth USD 2.6 billion in 2018 and is expected to reach USD 3.3 billion by 2024, at a CAGR of 4.0% during the forecast period. The major factors fueling the growth of the load monitoring system market include rise in demand for load monitoring system in healthcare, increase in use of load monitoring system for testing and monitoring aircraft parts, decline in instrumental errors owing to technological innovations in load cells, and increase in demand for remote load monitoring. “Load cell to lead load monitoring system market by 2024” Load cell is the most widely used offering of load monitoring system market. The recovery of the indust...

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...

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 the l...