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Showing posts from December, 2020

Smart Agriculture Market Opportunities and Challenges

According to the research report " Smart Agriculture Market by Agriculture Type (Precision Farming, Livestock, Aquaculture, Greenhouse), Hardware (GPS, Drones, Sensors, RFID, LED Grow Lights), Software, Services, Application, Farm Size, and Geography - Global Forecast to 2025" , The smart agriculture market is estimated to grow from USD 13.8 billion in 2020 to USD 22.0 billion by 2025, at a CAGR of 9.8%. The rapid growth of the smart agriculture market can be attributed to the rising pressure on the food supply system owing to the rapidly growing population, the surging use of modern technologies in agricultural farms, the growing income levels and demand for protein-rich aqua food, the growing focus of farmers on livestock monitoring and disease detection, and the increasing emphasis on reducing the management cost by adopting advanced livestock monitoring products. Also, the surging adoption of advanced technologies such as IoT and AI in aquaculture farms, livestock moni

Hydraulics Market worth $42.1 billion by 2025

 According to the new research report, the " Hydraulics Market with COVID-19 Impact Analysis, by Components (Motors, Pumps, Cylinders, Valves, Filters, Accumulators, Transmissions, Others), Type (Mobile hydraulics and Industrial hydraulics), End User, and Region - Global Forecast to 2025" , size is expected to grow from USD 37.4 billion in 2020 to USD 42.1 billion by 2025, at a CAGR of 2.4%. The growth of this market is driven mainly by growing construction activities drive significant demand for hydraulic equipment, increasing demand for material handling equipment, rising demand for advanced agriculture equipment, a growing adaptation of hydraulic equipment by various industries. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=209607944 Construction end user to hold the largest share of the hydraulics market during the forecast period The construction industry held the largest size of the hydraulic cylinder market in 2019. The rise in

Application Processor Market Expected to reach $38.2 billion by 2023

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. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=129689032 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

Leak Detection Market worth $3.0 billion by 2025

The report " Leak Detection Market for Oil & Gas with COVID-19 Impact by Technology (Acoustic, E-RTTM, Fiber Optic, Mass/Volume Balance, Laser Absorption and LiDAR, Thermal Imaging), Medium (Oil and Condensate, Natural Gas), and Region - Global Forecast to 2025" , is estimated to be USD 2.1 billion in 2020 and is projected to reach USD 3.0 billion by 2025; it is expected to grow at a CAGR of 7.8% from 2020 to 2025. Increasing incidents of oil and gas leakages in pipelines and storage tanks at production facilities, ongoing construction of new pipelines and expansion of existing ones, and evolving government regulations pertaining to the implementation of leak detection systems are the key factors driving the growth of the leak detection market for oil & gas. Rising oil and gas exploration and production activities worldwide, increasing global oil and natural gas consumption, and ongoing technological advancements in leak detection systems are projected to create lucr

Crop Monitoring Market Expected to reach $4.4 billion by 2025

 According to a recently published research report " Crop Monitoring Market with Covid-19 Impact Analysis by Offering (Hardware, Software, Services), Technology (Sensing & Imagery, VRT), Application (Field Mapping, Soil Monitoring, Crop Scouting), Farm Size, Region - Global Forecast to 2025" , The global crop monitoring market is expected to grow to USD 4.4 billion by 2025 from USD 2.2 billion in 2020, at a CAGR of 15.2% during 2020-2025 period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=8994590 The rapid growth of the global crop monitoring market is attributed to the factors such as rising awareness among the farmers towards the advanced and sustainable farming techniques, surging investments in the agriculture technology globally and the rising concerns for the food security and safety. Moreover the enhancements in the remote sensing and monitoring capabilities has resulted in the wider adoption of crop monitoring devices and s

Position Sensor Market Opportunities and Challenges

According to the new market research report " Position Sensor Market with COVID-19 Impact Analysis by Type (Linear and Rotary), Application (Machine Tools, Robotics, Motion Systems, Material Handling, TEST Equipment), Contact Type, Output, End-User Industry, and Geography - Global Forecast to 2025" , The position sensor market is projected to reach USD 7.3 billion by 2025 from USD 4.7 billion in 2020; it is expected to grow at a CAGR of 9.2% during the forecast period. Increasing focus of manufacturers on accurate measurements and detailed inspection, growing implementation of position sensors in the aviation and aerospace industry, and rising demand for position sensors to be deployed in modern automobiles are the key factors fueling the growth of this market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=17719728 Linear position sensor type is expected to gain significant share of position sensor market by 2025 The linear position se

Fire Suppression Market Opportunities and Challenges

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. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=8212480 Fire suppression reagent FM200 to hold largest market share between 2018 and 2023 FM200 is a clean, colorless, and environmentally friendly fire suppression agen

Control Valve Market Opportunities and Challenges

 The report " Control Valve Market with COVID-19 Impact Analysis, By Material, Component (Actuators, Valve Body), Size, Type (Rotary and Linear), Industry (Oil & Gas, Water & Wastewater Treatment, Energy & Power, Chemicals), and Region - Global Forecast to 2025" , size was valued at USD 5.5 billion in 2020 and is projected to reach USD 10.6 billion by 2025. It is expected to grow at a CAGR of 14.2% during the forecast period. Increasing demand for valves from healthcare and pharmaceuticals industries due to outbreak of COVID-19 pandemic, rising demand for energy in APAC, growing need for connected networks to maintain and monitor industrial equipment, and surging focus on establishing new nuclear power plants and upscaling of existing ones are the key driving factors for the control valve market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=111759647 Stainless steel material to account for the largest share of the control va

MulteFire Market Opportunities and Challenges

 According to the new research report, the " MulteFire Market by Device (Small Cells, Switches, Controllers), Application (Industrial Manufacturing, Commercial, Transportation, Public Venues, Healthcare, Oil & Gas and Mining, Power Generation, Hospitality), and Geography - Global forecast 2025" is likely to grow from USD 455 million in 2020 to USD 2,119 million by 2025, at a CAGR of 36.0%. The growth of the market is mainly driven by escalating demand for high-performance and easy-to-deploy wireless connectivity networks, increasing need for more scalable and better network connectivity for industrial IoT (IIoT) applications, growing requirement for cost-saving and high-capacity networks. Deployment of 5G network, and inititive of MulteFire alliance are expected to create significant growth opportunities for players in the MulteFire market during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=68291787 Small cells

Microgrid Controller Market Opportunities and Challenges

According to the latest market research report " Microgrid Controller Market by Connectivity (Grid connected & Remote), Offering (Hardware, Software, and Services), Vertical (Government, Utilities, Commercial, Military & Defense, Healthcare) and Geography - Global Forecast to 2024" , The microgrid controller market is expected to grow from USD 6.1 billion in 2019 to USD 12.6 billion by 2024, at a CAGR of 15.65% during the forecast period. One of the major driving factors for the microgrid controller market’s growth is the rising adoption of microgrids for reliable and secure power supply. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=103650618 Based on offering, hardware is expected to account for the major share of the microgrid controller market during the forecast period. Microgrid controllers consist of hardware, software, and services. Hardware includes generation optimizers, local controllers, supervisory controllers, com

Building Information Modeling Market is Witnessing Steady Growth across the Globe

The building information modeling (BIM) market size is projected to grow from USD 4.5 billion in 2020 to USD 8.8 billion by 2025, at a compound annual growth rate (CAGR) of 14.5%. Rising urbanization and infrastructure projects, growing benefits offered by BIM for the AEC industry, and increasing government mandates for BIM adoption are among the factors driving the growth of the BIM market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95037387 Software to account for the largest share of the building information modeling market Software is expected to lead the building information modeling market, by type. The software is segmented further into architectural design, sustainability, structure, MEP, construction, and facility management. Architecture is expected to dominate the BIM software market. The use of BIM for architectural designs helps in integrating designs and advanced visualizations. It also helps optimize designs as per the requirem

Testing, Inspection, & Certification Market Opportunities and Challenges

The TIC market is expected to grow at a CAGR% of 3.6% from USD 204.2 billion in 2020 to USD 243.7 billion in 2025. The primary reasons for this rise in demand is the increasing need for safety, surge in the illicit trade of counterfeit and pirated goods, advancements in networking and communication technologies, and inclination toward outsourced TIC services. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=5352498 COVID-19 impact on global TIC market, by service type, in 2020 Many companies across the world have increased the manufacturing of medical equipment such as ventilators, personal protective equipment (PPE) kits, and N-95 masks, which has provided the players in the TIC market ample opportunities to test and certify these medical equipment. Many companies such as Eurofins and TÜV SÜD have started testing ventilators and masks. Thus, the escalated demand for testing services from the healthcare industry is driving the growth of the TIC mar

Key Market Dynamics in Microgrid Market

 The global microgrid market size is projected to reach USD 47.4 billion by 2025 from USD 28.6 billion in 2020, at a CAGR of 10.6%. Major drivers for the market growth are rising demand for clean energy, increasing instances of cyberattacks on the energy infrastructures, growing requirement for reliable & secure global power supply, and rising global deployment of microgrids for rural electrification. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=917 Grid-connected microgrid segment to grow at a higher CAGR during the forecast period Grid-connected microgrids are connected to large utility grids. They are typically used to serve both small areas comprising a few houses and large areas such as military installations. In grid-connected microgrids, power transmission is dependent on the main grids; thus, any damage to these affects the overall power transmission networks. Solar PV power technology is used mainly in grid-connected microgrids.