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Showing posts from January, 2020

Pressure Transmitter Market Projected to reach $3.36 billion by 2024

According to the new market research report " Pressure Transmitter Market by Type (Absolute, Gauge, Differential Pressure, and Multivariable), Application, Fluid Type, Industry (Oil & Gas, Chemicals, Power, Pharmaceuticals, Food & Beverages), and Geography - Global Forecast to 2024" , the pressure transmitter market is likely to reach USD 3.36 billion by 2024 from USD 2.72 billion in 2018, at a CAGR of 3.59%. The growth of this market can be attributed to the high emphasis on industrial automation and optimum utilization of resources. “Differential pressure transmitters to lead the pressure transmitter market from 2018 to 2024” The differential pressure transmitter is widely used in the measurement of pressure, level, and flow. Differential pressure transmitters are used for oil and gas flow metering in onshore, offshore, and subsea applications; pump control monitoring, monitoring of filters in water treatment plants, and remote sensing of heating systems

Microgrid as a Service (MaaS) Market Projected to reach 2,241.6 Million USD by 2022

According to this market research report " Microgrid as a Service (MaaS) Market by Grid Type (Grid Connected, and Remote or Islanded), Service Type (Engineering & Design, SAAS, Monitoring & Control, and Operation & Maintenance), Vertical, and Geography - Global Forecast to 2022" , the microgrid as a service (MaaS) market was valued at USD 774.9 Million in 2015 and is expected to reach USD 2,241.6 Million by 2022, at a CAGR of 15.86% during the forecast period. Factors such as reduction in operational costs and requirement of negligible upfront investments by MaaS users, rising demand for MaaS from hospitals, universities, and remote areas, and high investments by governments in microgrid infrastructure are driving the growth of the microgrid as a service (MaaS) market. The market growth is further driven by levelized cost of electricity (LCOE) for wind and solar PV systems in the last few years. Download PDF Brochure @ https://www.marketsandmarkets.com

Metamaterial Market Projected to reach 4,634.8 Million USD by 2025

According to the new market research report on the " Metamaterial Market by Material Type (Electromagnetic, Terahertz, Photonic, Tunable, and FSS ), Application (Communication Antenna, Windscreen, Solar Panel, Sensing, Display, and Medical Imaging), Vertical and Geography - Global Forecast to 2025" , this market is expected to be valued at USD 4,634.8 Million by 2025, at a CAGR of 63.1% between 2017 and 2025. The major factors driving the growth of the metamaterial market include variety in design functionalities, anti-glare coating applications, and invisibility cloak for stealth aircraft. Communication antenna expected to have the largest market size by 2025 Communication antenna accounted for the largest share of the metamaterial market based on application segment in 2016. The growth of this market can be attributed to the usage of antenna for major communication applications such as satellite communication, Wi-Fi routers and radar communication. Downloa

Satellite Modem Market worth 420.4 Million USD by 2023 with a growing CAGR of 6.0%

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 ind

Eye Tracking Market worth $1,786 million by 2025

According to the new market research report " Eye Tracking Market by Offering (Hardware, Software, and Services), Tracking Type (Remote and Mobile), Application (Assistive Communication, Human Behavior & Market Research,), Vertical, and Geography - Global Forecast to 2025" , the eye tracking market is expected to grow from USD 560 million in 2020 to USD 1,786 million by 2025; it is expected to grow at a CAGR of 26.1% from 2020 to 2025. The high demand for eye trackers in the healthcare vertical, especially for the assistive communication application is one of the key driving factors for the eye tracking market. The increasing penetration of eye tracking technology in the consumer electronics vertical, and high demand for eye trackers for personalized advertisements and consumer research purposes are a few other key factors having a positive impact on the growth of the eye tracking market. Remote eye tracking segment to hold largest share of eye tracking market, by

Automotive Sensors Market worth $41.9 billion by 2025

The report " Automotive Sensors Market by Type (Temperature, Pressure, Position, Oxygen, NOx, Speed, Inertial, Image), Application (Powertrain, Chassis, Safety & Control, Telematics), Vehicle Type, Sales Channel, Region - Global Forecast to 2025" , is projected to reach USD 41.9 billion by 2025 from an estimated USD 28.1 billion in 2020, it is expected to grow at a CAGR of 6.9% from 2020 to 2025. Increased global motor vehicle production, rise in demand for vehicle electrification, formulation of stringent government regulations related to emissions, and an increase in consumer demand for safety and comfort in vehicles are the major factors driving the growth of the automotive sensors market. Increasing demand for advanced driver-assistance systems (ADAS) and ongoing rapid developments in autonomous cars present growth opportunities for the automotive sensors market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=426 Based

Instrumentation Valves and Fittings Market worth $3.9 billion by 2025

According to the new market research report on " Instrumentation Valves and Fittings Market by Material, Product (Valves, Fittings, Actuators), Industry (Semiconductor, Oil & Gas, Food & Beverages, Chemicals, Healthcare, Pulp & Paper, Energy & Power), and Region - Global Forecast to 2025" , The global instrumentation valves and fittings market size is expected to grow from USD 3.2 billion in 2019 to USD 3.9 billion by 2025, at a CAGR of 3.0%. The uptrend in the oil & gas industry, mainly in the upstream sector, growth in the electronics & semiconductor industry and a large number of coal-based power projects in the Asian region, and increasing automation are creating scope for the instrumentation valves and fittings market. A major rebalancing of supply and demand, which is driving favorable growth outlook for chemical production in North America and creating clear targets for investments, and valve monitoring and diagnostics with the aid of in