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Showing posts from May, 2019

Micro-Electro-Mechanical Systems (MEMS) Market Insights | Key players: Analog Devices, Inc., Texas Instruments Inc., Panasonic Corp. and STMicroelectronics N.V.

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; po

Precision Farming Market Projected to reach 9.53 Billion USD by 2023 | Key player include Deere & Company, Trimble, AGCO Corporation, AgJunction, Raven Industries and AG Leader

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 devices and sensing and monitoring devices by farmers. It is also expected that the cost of precision farming technology will decrease in the next couple of years, mainly because of the declining prices of major hardware components. As a result, the precision farming market is expected to witnes

Broadcast Equipment Market by Application & Technology worth 5.82 Billion USD by 2023

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

Eye Tracking Market Insights | Key players: Tobii AB, SR Research Ltd., Seeing Machines, EyeTracking, Inc., PRS IN VIVO and Smart Eye AB

The report " Eye Tracking Market by Offering, Tracking Type, Application (Assistive Communication, Human Behavior & Market Research, AR/VR, Vehicles), Vertical (Retail, Healthcare, Government, Automotive, Consumer Electronics), and Geography - Global Forecast to 2023", The eye tracking market, in terms of value, is expected to be valued at USD 1,376.5 Million by 2023, growing at a CAGR of 27.4% between 2017 and 2023. In terms of hardware volume, the market is expected to register a shipment of 756 thousand eye trackers by 2023. The eye-tracking technology is used to track the movement of the eyes to gather information such as the focus and attention span of the humans. This data is analyzed to gain insights into the human behavior, which may be used in retail and automotive sectors. Eye tracking can also be used to interact with computers and through them provide services to patients with communication disabilities in the healthcare sector. There is an increased de

Vertical Farming Market Expected to reach 5.80 Billion USD by 2022

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

Medical Device Testing Market Insights | Key players: SGS, Bureau Veritas, Intertek, DEKRA and TÃœV SÃœD

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 a

AI in agriculture market Insights | Key players include IBM, John Deere, Microsoft, Agribotix, The Climate Corporation and ec2ce

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 be

GaN Power Device Market Insights | Key players: Cree, Qorvo, MACOM, Microsemi Corporation, Analog Devices, Efficient Power Conversion and Integra Technologies

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

AI in agriculture market Insights | Key players : IBM (US), John Deere, Microsoft, Agribotix, The Climate Corporation and ec2ce

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 be

Machine Condition Monitoring Market Insights | Key players: 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.

Farm Management Software Market Insights | Key players: Deere & Company, Trimble, AgJunction, Raven Industries and AG Leader Technology

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

Dedicated Outdoor Air System Market Projected to reach $5.4 billion by 2024 | Key players include Johnson Controls, Ingersoll Rand Plc, Mitsubishi Electric and LG Electronics

A dedicated outdoor air system (DOAS) is an HVAC unit that is installed outside a building and is often used along with other HVAC equipment. DOAS units bring fresh outside air into the building independent of heating or cooling efforts. In this design, a central, dedicated outdoor air unit is used to dehumidify and improve the outdoor air to meet both latent-cooling load and ventilation requirements for all spaces served by the system. The DOAS market was valued at USD 3.7 billion in 2019 and is projected to reach USD 5.4 billion by 2024, at a CAGR of 8.0%. The growth of the DOAS market is driven by government regulations and policies for energy saving to boost demand for DOAS and increasing adoption of DOAS for residential and commercial applications. Growing demand for energy-efficient DOAS for new construction & retrofit is expected to provide huge growth opportunities to players in the DOAS market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdown

360Quadrants Recognizes Nozomi Networks as an Innovator in the Industrial Control Systems Security Solutions Space

360Quadrants , the world’s only comparison platform that combines expert analysis with crowdsourced reviews, has released a quadrant on industrial control systems security solutions to help businesses make quicker and more informed decisions. Industrial Control Systems Security (ICS security) is defined as the ability of organizations to secure their automation processes and related critical information from cyber intrusions for uninterrupted and sustained productivity of utilities, grids, transportation systems, and manufacturing plants. Industrial control systems cover various types of control systems such as Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), and Programmable Logic Controllers (PLC) to remotely manage critical industrial infrastructure from a central control room. Securing systems from advanced persistent threats is prompting various security solution providers to customize their offerings according to industry demand. For

Machine-to-Machine (M2M) Connections Market Insights | Key players : AT&T, Inc., Cisco Systems, Inc., Intel Corporation, Gemalto N.V. and Vodafone Group PLC

According to the latest market research report " Machine-to-Machine (M2M) Connections Market by Technology (Wired, Wireless), Industry (Healthcare, Utilities, Retail, Consumer Electronics, Automotive & Transportation, Security & Surveillance), and Geography - Global Forecast to 2023" , M2M connections market, the overall M2M connections market is expected to be worth USD 27.62 Billion by 2023, growing at a CAGR of 4.6% from 2017 to 2023. The growing adoption of wired and wireless connectivity across various end-user industries is the key factor propelling the growth of the M2M connections market. Following this, the growing penetration of the Internet connectivity, favorable regulatory mandates, and growing adoption of new connectivity technologies such as 4G/LTE further drive the growth of the M2M connections market. Wireless technology is expected to hold the largest market share from 2017 to 2023 The M2M connections market for wireless connectivity

Control Valve Market Insights | Key players: Emerson, IMI PLC, Flowserve and Weir Group

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 for petrol

Millimeter Wave Technology Market Insights | Key players: BridgeWave Communications, Siklu Communication Ltd, L3 Technologies, Inc. and NEC Corporation

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

Magnetic Refrigeration Market Insights | Key players : Cooltech Applications, Camfridge Ltd, Whirlpool Corporation, BASF SE and Eramet S.A.

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 f

Solar Simulator Market Insights | Key players: Newport Corporation, Spire Solar, Solar Light Company, Sciencetech Inc. and Spectrolab Inc.

According to the new market research report " Solar Simulator Market by Dimension (Class AAA, Class ABA, and Class ABB), Light Source (Xenon arc lamp, Metal halide arc lamp, UV lamp), Application (PV cell/module and materials testing, UV testing of materials & products) - Global Forecast to 2022" , the solar simulator market is expected to be valued at USD 8.44 billion by 2022, growing at a CAGR of 6.5% between 2017 and 2022. The growth of this market is mainly driven by factors such as the growing market for photovoltaics and the increasing demand from renewable energy industries.             Class AAA solar simulator expected to lead the solar simulator market between 2017 and 2022 Class AAA is expected to hold the largest size of the solar simulator market by 2022 and is expected to grow at a higher rate during the forecast period. The reason for a high-market share for Class AAA solar simulators is that they provide the closest match to solar spectrums and m