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Showing posts from February, 2020

Wireless Sensor Network Market Expected to reach 93.86 Billion USD by 2023

According to the market research report " Wireless Sensor Network Market by Offering (Hardware, Software, Services), Sensor Type, Connectivity Type, End-user Industry (Building Automation, Wearable Devices, Healthcare, Automotive & Transportation, Industrial), and Region - Global Forecast to 2023" , the wireless sensor network (WSN) market, the market was valued at USD 29.06 Billion in 2016 and is expected to reach USD 93.86 Billion by 2023, at a CAGR of 18.55% between 2017 and 2023. The growth of this market is propelled by the development of cheaper, smarter, and smaller sensors; expanding market for smart and wearable devices; increasing need for real-time computing of applications; and surge in demand for IoT sensors for various applications such as sensing, recognition, and interpretation. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=445 Software to hold the largest size of the wireless sensor network by 2023 The

GaN Power Device Market Expected to reach $1.9 million by 2023

The report " GaN Power Device Market by Device Type (Power, RF Power), Voltage Range, Application (Power Drives, Supply & Inverter, RF), Vertical (Telecommunications, Consumer, Automotive, Military, Defense, Aerospace), and Geography - Global Forecast to 2023" , is projected to reach USD 1.9 million by 2023 at a CAGR of 29.1% from 2017 to 2023. The increasing adoption of GaN RF power devices in the military, defense, and aerospace verticals and the extensive bandgap property of GaN material are major factors fueling the growth of this market. Gallium nitride (GaN) is a viable alternative to pure silicon in the semiconductors and electronics field. Currently, it is used in several above-normal voltage power applications such as industrial systems, power distribution systems, heavy electrical systems, turbines, heavy machinery, and advanced industrial control systems, among others. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=9

Multifactor Authentication Market Expected to reach $18.5 billion by 2025

The report " Multifactor Authentication Market by Model (Two, Three, Four, and Five Factor), By Application (Banking & Finance, Government, Military & Defense, Commercial Security, Consumer Electronics, Healthcare), and Geography - Global Forecast to 2025" , is expected to grow from USD 5.2 billion in 2016 to USD 18.5 billion by 2025, at a CAGR of 14.9% during the forecast period. Factors such as increase in data breaches and cyber–attacks, stringent regulations and the growing pressure of data security compliances, and the growing adoption of BYOD concept among enterprises are driving the growth of the MFA market. Two Factor Authentication to hold the largest share of the MFA market during the forecast period Two-factor authentication (2FA), often referred to as two-step verification, is a security process in which the user provides two authentication factors. Two-factor authentication provides an additional layer of security and makes it harder for attack

Volumetric Video Market Expected to reach $5.8 billion by 2025

The report " Volumetric Video Market by Volumetric Capture (Hardware (Camera & Processing Unit), Software, and Services), Application (Sports, Events and Entertainment, Medical, Signage, Education & Training), & Content Delivery and Region - Global Forecast to 2025" , is estimated to grow from USD 1.4 billion in 2020 to USD 5.8 billion by 2025, at a CAGR of 32.8% between 2020 and 2025. Increasing applications of volumetric technology in several end-user industries coupled with a surge in demand for enhanced match viewing experience is the major factor driving the growth of the market. “Hardware is the most attractive segment that is gaining attention in the volumetric video industry.” The hardware segment is expected to dominate the global volumetric video market by 2025. The use of 360° (6DOF) cameras for sports, events, and entertainment and medical applications is gradually increasing; these cameras provide superior picture quality and videos to end

Silicon Photonics Market Expected to reach 1,988.2 Million USD by 2023

According to the market research report on " Silicon Photonics Market by Product (Transceiver, Switch, Variable Optical Attenuator, Cable, Sensor), Application (Data Center, Telecommunications, Military & Defense, Medical and Life Sciences, Sensing), Component, and Geography - Global Forecast to 2023" , the silicon photonics market, the overall market is estimated to be worth USD 774.1 Million in 2018 and is expected to reach USD 1,988.2 Million by 2023, at a CAGR of 20.8% between 2018 and 2023. Rising demand for silicon photonics in data centers, reduction in power consumption with use of silicon photonics based transceivers, and the growing requirement of high bandwidth and high data transfer capabilities are the key factors driving the silicon photonics market. Transceivers to hold major share of silicon photonics market during forecast period Transceivers are used in a variety of applications, such as data center and high-performance computing; telecommuni

Metamaterial Market Expected 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. Download P

Fire Suppression Market Expected to reach 29.13 billion USD by 2023

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 p

RFID Market Expected to reach 31.42 Billion USD by 2023

According to the new market research report " RFID Market by Product (Tags, Reader, and Software), Wafer Size, Working (Passive, and Active), Frequency( Low, High, Ultra-high), Applications, Form Factor (Button, Card, Electronic Housing, Implants), Label Type, and Region - Global Forecast to 2023" ,the radio-frequency identification (RFID) market is expected to be valued at USD 31.42 Billion by 2023, growing at a CAGR of 7.7% between 2017 and 2023. The factors that are driving the growth of this market are the increasing penetration of RFID in various industries; and evolution of IoT.        “RFID market for tags expected to grow at the highest rate during the forecast period” The market for RFID tags is expected to grow at the highest CAGR between 2017 and 2023. Reduction in the costs have led to rise in adoption of RFID tags; demand for the tags will continue to raise competitive situations in the market, which in turn will lead to further innovations in the RFI

Thin Client Market Expected to reach 1.32 Billion USD by 2023

According to the new market research report " Thin Client Market by Form Factor (Standalone, With Monitor, and Mobile), Application (Enterprise, Government, Education, and Industrial), and Geography (Americas, Europe, Middle East & Africa, and Asia Pacific) - Global Forecast to 2023" , the thin client market is expected to grow from USD 1.19 Billion in 2017 to USD 1.32 Billion by 2023, at a CAGR of 1.8% between 2017 and 2023. The factors driving the growth of this market are reduced cost and energy consumption, easy and centralized manageability, and increased infrastructure security. “The thin client market for the with monitor form factor is expected to grow at the highest CAGR during the forecast period” With monitor form factor is expected to grow at the highest CAGR in the thin client market between 2017 and 2023. The demand for the with monitor thin clients is growing mainly in the education and healthcare industries. The increasing demand is attributed

Acoustic Emission Testing Market Expected to reach 349.9 Million USD by 2023

The report " Acoustic Emission Testing Market by Equipment (Sensors, Amplifiers, Detection Instruments), Service (Inspection, Calibration), Application (Storage Tank, Pipeline, Aging Aircraft, Structural Monitoring, Turbine), and Geography - Global Forecast to 2023" , The acoustic emission testing market is expected to reach USD 349.9 Million by 2023, from USD 245.8 Million in 2018, at a CAGR of 7.32% between 2018 and 2023. The major factors driving the growth of this market include growing safety concerns to enhance productivity, increasing need for asset health monitoring, and the government initiatives for the implementation of NDT solutions. Acoustic emission testing market for sensors to grow at highest CAGR during forecast period The acoustic emission testing market for sensors is expected to grow at the highest CAGR during the forecast period. AE sensors play a critical role in understanding the material behavior as they listen to high frequencies generated

Fire Suppression Market Expected to reach 29.13 billion USD by 2023

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

Wireless Gas Detection Market Expected to reach 3.01 Billion USD by 2023

The report " Wireless Gas Detection Market by Technology (Wi-Fi, Bluetooth, Cellular, License-Free Ism Band), Type (Hardware (Detectors/ Sensors, Gateways, Monitors and Controllers), Software, Services), and Geography - Global Forecast to 2023" , The wireless gas detection market was valued at USD 1.07 Billion in 2016 and is expected to reach USD 3.01 Billion by 2023, at a CAGR of 16.03% during the forecast period.              Wireless gas detection offers high accuracy, flexibility, and reliability in the detection of gas leaks. Moreover, the installation of wireless gas detection is cost effective as it reduces about 90% in installation costs as compared to traditional wire gas detection systems. These systems are used for industrial safety and have been widely adopted by end users such as oil & gas, chemical and petrochemical, and mining and metal industries. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=51585245 The W

Smart Agriculture Market Expected to reach $13.50 billion by 2023

According to the new market research report " Smart Agriculture Market by Agriculture Type (Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse), Hardware (GPS, Drones, Sensors, RFID, LED Grow Lights), Software, Services; Application, and Geography - Global Forecast to 2023" , The smart agriculture market is estimated to be worth USD 7.53 billion in 2018 and is projected to reach USD 13.50 billion by 2023, at a CAGR of 12.39% during the forecast period. Factors such as increasing adoption of technologies in agriculture, rising need of monitoring livestock performance and health, government’s support to adopt modern agricultural techniques, and increasing demand for food worldwide are driving the growth of the smart agriculture market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=239736790 Hardware components to hold a major share of the market during 2018–2023 Hardware component is expected to hold a m

Magnetic Separator Market worth $928 million by 2025

According to the research report " Magnetic Separator Market by Type (Drum, Overband, Roller, Pulleys, Plates, Grates, and Bars), Magnet Type (Permanent Magnets, Electromagnets), Material Type, Cleaning Type, Industry (Mining, Recycling, Food & Beverages) & Region - Global Forecast to 2025" , The global magnetic separator market is expected to grow from USD 725 million in 2020 to USD 928 million by 2025, at a CAGR of 5.1%. The growing adoption of magnetic separators owing to stringent rules and regulations pertaining to quality in the food & beverage industry has resulted in their increased demand. Other drivers for the magnetic separator market growth include the increasing recycling rates across the world and expansion and urbanization in developing countries. Permanent magnets to hold larger share of magnetic separator market during forecast period Permanent magnet-based magnetic separators are expected to account for the larger share of the magneti

Crawler Camera System Market worth $353 million by 2025

The report " Crawler Camera System Market by Component (Hardware, Software, Service), Application (Drain Inspection; Pipeline Inspection; Tank, Void, and Cavity/Conduit Inspection), Vertical (Residential, Municipal, Industrial), and Region - Global Forecast to 2025" , is projected to reach USD 353 million by 2025 from USD 145 million in 2019; it is projected to grow at a CAGR of 14.5% during the forecast period. The major drivers for the market’s growth are the rising demand from residential and municipal applications, increasing government mandates and regulations for pipeline assessment, growing demand for advanced inspection systems for underwater operations, and growing demand for sewer inspection. The introduction of magnetic crawlers will create growth opportunities for crawler camera system manufacturers. Pipeline inspection application of crawler camera system market to grow at highest CAGR during forecast period Pipeline inspection using crawler camera sy

Magnetic Refrigeration Market Expected to reach 163.7 Million USD by 2023

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

NVH Testing Market worth 2.21 Billion USD by 2023

According to the new market research report " NVH Testing Market by Application (Environmental Noise, Pass-by-noise, Noise Mapping, Sound Power, Telecom Testing, Sound Quality, Building Acoustics, Human Vibration, Product Vibration), Type, End User, Geography - Global Forecast to 2023" , the NVH testing market is estimated to be valued at USD 1.72 Billion in 2017 and is projected to reach USD 2.21 Billion by 2023, at a CAGR of 4.2% between 2017 and 2023. The key factors driving the growth of the NVH testing market is the adoption of stringent government regulations to reduce noise pollution and increasing demand for automotive and car infotainment system. Emergence of new application areas for NVH testing solutions and advancement in sensor and processor technologies are the key opportunities for the players in the NVH testing market. Hardware is expected to hold a larger share of the NVH testing market between 2017 and 2023 On the basis of type, hardware accounte

Level Sensor Market Expected to reach $5.9 billion by 2025

According to the new research report, " Level Sensor Market by Technology (Contact and Non-contact); monitoring type (Continuous level and Point level); End users (industrial manufacturing, consumer goods and wastewaters) and Geography (North America and APAC) - Global Forecast to 2025" , is expected to grow from USD 4.0 billion in 2018 to USD 5.9 billion by 2025; it is estimated to grow at a CAGR of 5.7% during 2019–2025. Increasing advancement toward smaller, smarter and cheaper sensors; supportive government regulations; rise in vehicle production; increasing advancement of the Industrial Internet of Things (IIoT), and growing adoption of level sensors in the healthcare end-use application are some of the major factors fueling the growth of this market. Based on technology, market for non-contact level sensor is expected to gain largest share of Level Sensor Market by 2025 Market for non-contact level sensors is expected to gain the largest share of the Level S