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Showing posts from November, 2020

Solar Simulator Market Projected to reach 8.44 Billion USD by 2022

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.            Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=144169348 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 Clas

Level Sensors Market Expected to reach $6.1 billion by 2025

  The report " Level Sensors Market by Technology (Contact, Non-Contact), Type (Ultrasonic, Hydrostatic, Magnetostrictive), Monitoring (Continuous, Point Level), End-use Application (Industrial Manufacturing, Oil & Gas, Chemical), and Geography – Global Forecast to 2025", The level sensor market is projected to reach USD 6.1 billion by 2025 from USD 4.3 billion in 2020, it is expected to grow at a CAGR of 7.5% from 2020 to 2025. Factors such as the reduction in the size of sensors, rising adoption of level sensors in process industries, and rising use of IIoT solutions, stable vehicle production worldwide drive the growth of the level sensors market. Rising adoption of industry 4.0 and increasing use of level sensors in environmental applications would provide significant opportunities for the level sensors market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=926 Based on technologies, the non-contact segment of the level sensors mar

Test and Measurement Equipment Market Opportunities and Challenges

The report " Test and Measurement Equipment Market by Product (General Purpose Test Equipment, Mechanical Test Equipment), Service Type (Calibration Services, Repair Services/After Sales Services), End–Use Sector, and Geography – Global Forecast to 2024" 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% during the forecast period. 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, semiconductor & 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 growth of the test and measurement equipment market in this sector due to the development of new healthcare equipm

Home Automation System Market Expected to reach $63.2 billion by 2025

The home automation system market is expected to grow from USD 40.8 billion in 2020 to USD 63.2 billion by 2025, at a CAGR of 9.1% during the forecast period. Growing homeownership among millenials is one of the major factors driving the adoption of home automation systems. Apart from this, growing adoption of home security systems to lower insurance costs is another market driver. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=469 IoT connectivity is important for smart home connectivity; home automation devices that are connected through the internet can be controlled simultaneously. Modern IoT-based home automation solutions can learn about user habits and determine patterns using complex algorithms through cloud computing. For instance, the latest smart thermostat from Google Nest (US) utilizes learning features to automatically adjust the house temperature according to the homeowner’s preference. It monitors occupant location in real-time and

Image Intensifier Market Projected to reach $1,320 million by 2024

The report " Image Intensifier Market by Diameter, (<18 mm, 18 mm, 25 mm, 6 inch, 9 inch, 12 inch, 16 inch), Application (cameras, scopes, googles, x-ray detectors), Vertical (Defense and Surveillance, Medical, Industrial), Geography - Global Forecast to 2024" , The global image intensifier market is expected to reach USD 1,320 million by 2024 from USD 912 million in 2019 at a CAGR of 7.66%. The growing demand for medical diagnostic systems with better visibility and increasing military expenditure plays a significant role in the growth of the image intensifier market. In addition, the growing trend of military modernization in emerging economies of the world, leading to the boom in the image intensifier-based devices market, is also expected to propel the growth of this market during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=10660157 Googles to register highest CAGR in image intensifier market during 2019–202

Europe Testing, Inspection, & Certification Market worth $60.4 billion in 2025

The report " Europe TIC Market by Sourcing type (In-house and Outsourced services), Service type (Testing, Inspection and Certification), Application (Consumer Goods and Retail, Automotive, Aerospace) and Country - Forecast to 2025 " , is projected to grow from USD 50.1 billion in 2020 to USD 60.4 billion in 2025, at a CAGR of 3.8%. The growth can be attributed to the rising demand for certification to ensure safety as the awareness of the consumers are increasing and to ensure product reliability. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=106364638 Outsourced Services, by scanning type, is expected to grow at the highest CAGR during the forecast period With the increasing in conformity demands from the governments and to ensure expert TIC services, Outsourced services are expected to increase. Third party TIC service providers ensure accurate results with no biasness. The push toward outsourcing by manufacturing companies, and in

Postal Automation System Market Opportunities and Challenges

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. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=38824622 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 barcod

E-House Market Expected to reach 1.51 Billion USD by 2023

According to the new market research report " E-House Market by Type (Fixed E House and Mobile Substation), Application (Industrial (Metals & Mining and Oil & Gas), and Utilities), and Region (Middle East & Africa, Americas, Europe, APAC) - Global Forecast to 2023" , the e-house market is expected to grow from USD 1.09 Billion in 2018 to USD 1.51 Billion by 2023, at a CAGR of 6.75% between 2018 and 2023. E-house is called by many names in the industry; electrical house, prefabricated substation, compact power house, and modular substation are some of them. Factors driving the growth of this market include the cost-effectiveness, flexibility, and easy installation of e house. E-house can be installed in a limited space with just a simple foundation and easily relocated without difficulties. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=250930667 Mobile substation expected to hold larger share of e-house market during forecast

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=93870461

Precision Livestock Farming Market Expected to reach $4.8 billion by 2025

The precision livestock farming market is estimated to be worth USD 3.1 billion in 2020 and projected to reach USD 4.8 billion by 2025, at a CAGR of 9.0% during the forecast period. The implementation of IoT- and AI-enabled devices for livestock monitoring , surging labor costs and rising demand for automation in livestock industry , increasing focus on real-time monitoring and early disease detection , and growing demand for protein and dairy products have become the growth factors that has contributed for the development of precision livestock farming market globally. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=29706557 The adoption of precision livestock farming technology has been witnessing a high growth among the dairy and swine farms across the developing countries. The livestock identification, monitoring and tracking systems which comprises RFID tags, smart camera systems which are integrated with the emerging technologies like IoT, AI

Milking Robots Market Opportunities and Challenges

The milking robots market is expected to grow from USD 1.20 Billion in 2016 to USD 2.48 Billion by 2023, at a CAGR of 11.06% between 2017 and 2023. The rapid growth of the market can be attributed to various factors, such as growing number of dairy farms across the globe, reduced labor cost of dairy farm operations because of low dependence on manual labor, and increased milk yield due to more frequent milking with the help of automatic milking systems. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=170643611 Single-stall unit projected to lead milking robots market by 2023 Among various milking robot systems, the single-stall unit segment is projected to lead the market during the forecast period. The increasing preference of dairy farm owners for automated milking systems, mainly single-stall units, is expected to drive the growth of this segment during the forecast period. The single-stall unit is the most widely used milking robot system on

Key Emerging Trends in RFID Market

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 RFID systems. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=446 “The RFID market for the commercial industry to grow at a high rate between 2017 and 2022” Among various applications, the commercial industry accounted for the largest share of the overall RFID market based on the end-user

Safety Valves Market Opportunities and Challenges

According to the new market research report " Safety Valves Market by Size (Up to 1 inch, 1–6 inch, 6 – 25 inch, 25 – 50-inch, 50 inch, and Above), Material (Stainless Steel, Cast Iron, Alloy, Cryogenic), Industry (Oil & Gas, Energy & Power, Water & Wastewater), and Region - Global Forecast to 2024" , the safety valve market is expected to be worth USD 4.5 billion in 2019 and reach USD 5.5 billion by 2024, at a CAGR of 4.30% from 2019 to 2024. The growth of this market can be attributed to the high demand for safety valve from various industries such as oil & gas, energy & power, and water & wastewater, especially from APAC and North America. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121512658 Oil & gas industry to hold the largest share of the safety valve market in 2019 By industry, the oil & gas leads the safety valve market. Recent uptrend in the oil & gas industry, the latest discovery of sh

Artificial Intelligence in Agriculture Market Opportunities and Challenges

The report " Artificial Intelligence in Agriculture Market by Technology (Machine Learning, Computer Vision, and Predictive Analytics), Offering (Software, Hardware, AI-as-a-Service, and Services), Application, and Geography - Global Forecast to 2026" , is estimated to be USD 1.0 billion in 2020 and is projected to reach USD 4.0 billion by 2026, at a CAGR of 25.5% between 2020 and 2026. The market growth is driven by the increasing implementation of data generation through sensors and aerial images for crops, increasing crop productivity through deep-learning technology, and government support for the adoption of modern agricultural techniques. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=159957009 By application, drone analytics segment projected to register highest CAGR during forecast period The market for drone analytics is expected to grow at the highest rate due to its extensive use for diagnosing and mapping to evaluate crop he

Key Emerging Trends in Acoustic Emission Testing Market

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. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=147687761 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 by active corrosion, leaks, defects, etc. Further, the growth of the acoustic emission testing market for sensors can be attributed to the information provided by sensors related to physical asp

Wireless Sensor Network Market Opportunities and Challenges

  The growth of Wireless Sensor Network 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. 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. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=445 Software to grow at highest CAGR during the forecast period The software components of WSNs include platforms and solutions that are vital for applications such as data collection or remote monitoring. Software solutions are designed to meet the interoperability challenges that arise due to varied heterogeneous devices, and to manage a large volume of data and their security and privacy. Factors such as increasing number of con

Best IWMS Software in 2020 - Latest Quadrant Ranking Released By 360quadrants

An integrated workplace management system or IWMS is a software solution that helps administrators and supervisors decrease facility expenditures considerably, thereby improving business efficiency instantaneously. The major benefits of implementing an IWMS are improved productivity, transparency, flexibility, and customer delight. IWMS software syndicates crucial data into a single system and enables managers and supervisors to make more educated decisions regarding their workstation and real estate portfolio. 360Quadrants has nominated some of the best IWMS software providers in the IWMS software market. This assessment will enable potential IWMS software buyers to learn in detail about the software and make the most appropriate IWMS software choice for their business. All the IWMS software providers have been thoroughly assessed against their product offerings and business strategies and were positioned on a quadrant, which is updated every 90 days. 360Quadrants also performs SW

Satellite Modem Market Opportunities and Challenges

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. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=261298987 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 un

Automated Container Terminal Market Opportunities and Challenges

The automated container terminal market is expected to grow from USD 9.09 Billion in 2018 to reach USD 10.89 Billion by 2023, at a CAGR of 3.7% during the forecast period. The growth of this market is attributed to the growing demand for large container ships, increasing labor cost in developed nations, and growing competition among container terminals. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=109170291 Ship-to-shore cranes held largest share of automated container terminal market for equipment in 2017 Ship-to-shore (STS) cranes are the largest cranes used in the marine and shipping industries. These cranes are mainly designed and constructed for loading and unloading of the containers from a container vessel. The demand for larger containers is increasing significantly since the last few years. This has encouraged port operators to invest significantly in their port infrastructure. Larger containers require advanced cranes to handle these

Microprocessor and GPU Market worth $138.2 billion by 2025

The report " Microprocessor and GPU Market with COVID-19 Impact Analysis by Architecture, Functionality, GPU Type, Deployment, Application (Consumer Electronics, Server and Data Center, Automotive, BFSI, Industrial), and Geography - Global Forecast to 2025" , will grow to USD 138.2 billion by 2025 (forecast year) from USD 103.0 billion in 2020 (estimated year), at a CAGR of 6.1% between 2020 and 2025. The key drivers fueling the growth of this market include includes the increase in demand for consumer electronics and rise in adoption of Internet of Things (IoT)-enabled devices and equipment. Moreover, implementation of cloud-based platforms and server environments during the COVID-19 pandemic can play a key role in driving the growth of the microprocessor and GPU market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=28633568 The ARM architecture segment to register higher CAGR during the forecast period The ARM architecture segment of

Space Mining Market Opportunities and Challenges

 According to the market research report " Space Mining Market by Phase (Spacecraft Design, Launch, and Operation), Type of Asteroid (C-Type, M-Type, S-Type), Application (Construction, Fuel, and Others), Asteroid Distance, Commodity Resources, and Geography - Global Forecast to 2025" , the space mining market, the overall market is estimated to grow from USD 0.65 billion in 2018 to USD 2.84 billion by 2025, at a CAGR of 23.6%. Ongoing and impending space mining missions, increasing investments by private stakeholders in space mining companies, and growing number of government initiatives to frame regulations with respect to asteroid mining are the key factors driving the space mining market growth. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=129545886 The spacecraft design segment to dominate the space mining market, based on phase, during the forecast period A spacecraft is mainly used for various purposes, such as communications,

Pressure Transmitter Market - Recent Developments & Business Overview

The growth of Pressure Transmitter Market is attributed to the high emphasis on industrial automation and optimum utilization of resources. The base year considered for the study is 2017, and the forecast period considered is from 2018 to 2024. The report provides detailed information regarding the major factors influencing market growth. The major factor driving the growth of the Pressure Transmitter is the high emphasis on industrial automation and optimum utilization of resources. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=937 “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