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Showing posts from March, 2019

Postal Automation System Market Projected to reach 1,022.2 Million USD by 2023 | Key players include Siemens, Toshiba, NEC and SOLYSTIC

According to the new market research report " Postal Automation System Market by Component (Hardware, Software, and Services), Technology (Culler Facer Canceller, Letter Sorter, Flat Sorter, Parcel Sorter), Application (Government, and Courier, Express & Parcel), and Region - Global Forecast to 2023" , the postal automation system market is expected to grow from USD 753.3 Million in 2018 to USD 1,022.2 Million by 2023, at a CAGR of 6.30% between 2018 and 2023. The factors driving the growth of the market include growth in the e-commerce industry, increasing need for automated sorting and delivery processes in the postal industry, and rising labor costs. Hardware held the largest size of the postal automation system market in 2017 Hardware held the largest market size, in terms of value, in 2017. Hardware systems are used to sort letters, flats, and parcels based on their barcode reading, shape, size, and volume, and then to divert these parcels to their resp

Application Processor Market Projected to reach $38.2 billion by 2023 | Key players include Apple, Samsung Electronics, Qualcomm, MediaTek, NXP Semiconductors

According to the new market research report " Application Processor Market by Device Type (Mobile Phones, PC Tablets, Smart Wearables, and Automotive ADAS & Infotainment Systems), Core Type (Octa-core, Hexa-core, Quad-core, Dual-core, and Single-core), Industry, and Geography - Global Forecast to 2023", the application processor market is expected to be worth USD 29.0 billion by 2018 and reach USD 38.2 billion by 2023, at a CAGR of 5.63% from 2018 to 2023. The growth of this market can be attributed to the high demand for application processors from the consumer electronics industry for use in devices such as mobile phones and PC tablets. Octa-core segment to hold largest share of application processor market in 2018 By core type, octa-core segment leads the application processor market. Mobile phones account for a major share of the application processor market. As octa-core application processors are the most commonly used processors in mobile phones, the do

Fire Suppression Market Projected to reach 29.13 billion USD by 2023 | Key players includes Johnson Controls, United Technologies, Robert Bosch and Siemens

According to the new market research report " Fire Suppression Market by Product (Fire Suppressors, Fire Detectors and Control Panels, Sprinklers, Nozzles, Caps, and Control Heads), Suppression Reagent, Sector (Residential, Commercial, Industrial), and Region - Global Forecast to 2023" , the fire suppression market is estimated to be worth USD 22.97 billion in 2018 and is projected to reach USD 29.13 billion by 2023, at a CAGR of 4.87% between 2018 and 2023. Key factors such as technological advancements and innovations in the construction industry; increasing policies, regulations, and government mandates; and increased damage to human life and property due to fire breakouts are driving the fire suppression market growth. Fire suppression reagent FM200 to hold largest market share between 2018 and 2023 FM200 is a clean, colorless, and environmentally friendly fire suppression agent that is electrically nonconductive and safe for humans. It extinguishes flame pri

Testing, Inspection, and Certification Market worth $266.2 billion by 2024

According to the new market research report " Testing, Inspection, and Certification Market by Service (Testing, Inspection, Certification), Sourcing Type (In-House and Outsourced), Application (Consumer Goods and Retail, Construction and Infrastructure), and Geography - Global Forecast to 2024" , the overall TIC market is expected to grow from USD 209.4 billion in 2019 to USD 266.2 billion by 2024—growing at a CAGR of 4.91%. Factors such as the increase in disposable income and rapid urbanization in developing economies; high growth in product recalls across the world; high adoption of outsourcing service models by worldwide manufacturers; increased requirement for harmonized standards; surge in illicit trading, counterfeiting, and piracy practices across the world; and enforcement of rigorous government regulations and standards across various sectors are driving the growth of the TIC market. Testing services held the largest size of the TIC market, by service type,

Transparent Display Market Projected to reach $2,591 million by 2023 | Key players include Planar Systems , Pro Display , Crystal Display System , LG Electronics and Panasonics

Transparent display is one of the rapidly growing technologies with an ability to display graphics and texts on a transparent screen that is used in various products. Transparent display is a technology to pass the ambient light from real objects behind a display panel such as a liquid crystal display (LCD) or an organic light emitting diode (OLED) display. The transparent display market was valued at USD 280 million in 2017 and is expected to reach USD 2,591 million by 2023, at a CAGR of 44.7% from 2018 to 2023. The growth of the transparent display market is driven by growing demand for LCD-based transparent displays for various verticals, and increasing use of transparent displays for HMD and HUD products. High growth for OLED-based transparent display devices and high adoption of transparent displays for digital signage products are expected to provide huge growth opportunities to players in the transparent display market. Download PDF Brochure @ https://www.marketsan

Fuel Management System Market Expected to reach 707.4 million USD by 2023

According to the new market research report " Fuel Management System Market b y Offering (Hardware, Software, and Services), Application (Fuel Storage Monitoring, and Access Control & Fuel Dispensing), Industry (Transportation & Logistics, and Oil & Gas), and Geography - Global Forecast to 2023" , the fuel management system market is expected to grow from USD 515.9 million in 2018 to USD 707.4 million by 2023, at a CAGR of 6.52% between 2018 and 2023. The growth of this market can be attributed to the high demand for fuel management systems from the transportation and logistics industry for fuel storage monitoring, and access control and fuel dispensing applications. Access control and fuel dispensing applications to hold larger share of fuel management system market in 2018 By application, access control and fuel dispensing leads the fuel management system market. High demand for fuel management systems from the transportation and logistics, mining an

Millimeter Wave Technology Market worth 2,302.6 Million USD by 2023 | Key Players include Siklu Communication Ltd, NEC Corporation, Proxim Wireless and L3 Technologies, Inc.

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, resulting in the

Leak Detection Market for Oil & Gas worth 3.38 Billion USD by 2022

According to the new market research report " Leak Detection Market for Oil & Gas by Technology (Acoustic, E-RTTM, Cable Based, Mass/Volume Balance, Laser Absorption and LIDAR, Vapor Sensing, Thermal Imaging), and Region - Global Forecast to 2022" , the leak detection market for oil and gas is expected to be valued at USD 3.38 Billion by 2022, growing at a CAGR of 6.9% between 2016 and 2022. The growth of this market can be attributed to the increasing incidents of leakages in the oil and gas pipelines and storage tanks at production facilities, development and expansion of existing pipelines and construction of new pipelines, and stringent government regulations pertaining to the implementation of leak detection systems. “Acoustic/ultrasonic to hold the major share of the leak detection market for oil and gas during the forecast period“ The acoustic/ultrasonic technology is expected to lead the leak detection market for oil and gas between 2016 and 2022. Th

Building Information Modeling Market worth 7.64 Billion USD by 2022

According to the new market research report " Building Information Modeling 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=95037387 Software are expected to lead the global BIM market between 2017 and 202

Application Processor Market Insights | Key Players: Apple, Samsung Electronics, Qualcomm, MediaTek and NXP Semiconductors

The application processor market is expected to be valued at USD 29.0 billion in 2018 and is likely to reach USD 38.2 billion by 2023, at a CAGR of 5.63% during the forecast period. High demand for application processors from the consumer electronics industry is one of the major factors driving the growth of the market. Moreover, these processors are also increasingly being used in the automotive industry in automotive infotainment systems and ADAS systems; this factor is also expected to considerably boost the growth of the said market in the coming years. Among all core types, the market for dual-core application processors is expected to grow at the highest rate from 2018 to 2023. Demand for smart wearables and automotive ADAS and infotainment devices are on rise; these devices being the main application areas of dual-core application processors, accelerate the growth of the dual-core application processor market. Besides, growing adoption of dual-core application processors

Transparent Display Market worth $2,591 million by 2023

According to the new research report " Transparent Display Market by Product (HUD, HMD, Digital Signage, Smart Appliance), Vertical (Retail & Hospitality, Industrial, Aerospace & Defense, Automotive & Transportation), Display Size, Resolution, Technology, and Geography - Global Forecast to 2023", the transparent display market is expected to grow from USD 408 million in 2018 to USD 2,591 million by 2023, at a CAGR of 44.7%. The growth of the transparent display market is driven by various factors, such as growing demand for LCD based transparent displays for various verticals and increasing use of transparent displays for HMD and HUD products. High growth for OLED-based transparent display devices and high adoption of transparent displays for digital signage products are expected to provide huge growth opportunities to players in the transparent display market. Market for HMD products to grow at the highest CAGR during 2018–2023 The market for HMD prod

Fire Protection System Market Projected to reach $88.94 billion by 2024 | Key players include Johnson Controls, Honeywell, Siemens, Halma and Robert Bosch

According to the new market research report " Fire Protection System Market by Product (Fire Detection (Flame, Smoke (Photoelectric, Ionization, Dual), Heat), Fire Suppression, Fire Sprinkler (Dry, Wet, Pre-Action, Deluge), Fire Analysis, Fire Response), Service, Vertical - Global Forecast to 2024" , the fire protection system market is expected to grow from USD 57.33 billion in 2018 to USD 88.94 billion by 2024, at a CAGR of 7.6% from 2018 to 2024. Rise in deaths and loss of property due to fire breakouts, stringent government regulations and mandates, rising demand for wireless technologies for fire detection, and technological advancements in the construction industry are driving the growth of the fire protection system market. Fire suppression systems held largest size of fire protection system market in 2017 Fire suppression systems held the largest market size in 2017. Fire suppression system starts operating once it receives fire alerts from different sensor

Machine Condition Monitoring Market Projected to reach 3.50 Billion USD by 2024 | Key players include ALS Limited, Emerson Electric, General Electric, Honeywell and Meggitt

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.

Insulation Monitoring Devices Market Expected to reach $748 million by 2023

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. Browse 52 market data Tables and 33 Figures spread through 113 Pages and in-depth TOC on "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

Testing, Inspection and Certification (TIC) Market Insights | Key players: SGS, Bureau Veritas, Intertek, DEKRA and TÜV SÜD

According to the new research report " Testing, Inspection, and Certification (TIC) Market by Service Type (Testing, Inspection, Certification), Sourcing Type (In-house and Outsourced), Application (Consumer Goods & Retail, Agriculture & Food, Chemicals), and Geography - Global Forecast to 2023" , the testing, inspection and certification (TIC) market is expected to be worth USD 247.94 Billion by 2023, at a CAGR of 5.02% from USD 184.77 Billion in 2017. The growth of this market is mainly driven by harmonization of standards, growing consumption of goods in emerging countries, increasing incidents of product recalls globally, surge in global counterfeiting and piracy activities, and imposition of rigorous government regulations and standards across various sectors. TIC market for testing services held the largest share in 2016 There has been increase in number of product recalls due to faulty components and parts. Such incidents are on rise than ever bef

Test and Measurement Equipment Market Insights | Key players include: Fortive Corporation, Anritsu Corporation, Keysight Technologies and Yokogawa Electric Corporation

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%. 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, semiconductors & 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 the growth of the test and measurement equipment in this sector due to the development of new healthcare equipment, patient-monitoring systems, and personal emergency reporting systems. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116452716 Electronics have become an integral part of our lives, as separate consumer and communications electronics devices and

Insulation Monitoring Devices Market worth $748 million by 2023

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 insulatio