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Showing posts from March, 2021

Metamaterial Market worth $1,457 million by 2026

The report " Metamaterial Market by Material Type (Electromagnetic, Terahertz, Photonic, Tunable, FSS, and others), Application (Communication Antenna, Windscreen, Solar Panel, sensors, Display, and Medical Imaging), Vertical and Geography - Global Forecast to 2026" , The metamaterial market was valued at USD 305 million in 2021 and is projected to reach USD 1,457 million by 2026. It is expected to grow at a CAGR of 36.7% during the forecast period. The variety in design functionalities, anti-laser coating application, and developments in radar and LiDAR for autonomous vehicles. The use of metamaterials in solar power systems, metamaterial-based radar for drones, and advancements in 5G are the key factors driving the growth of metamaterial market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=139795737 Communication antenna and radar (beam Steering) to account for the largest share of the metamaterial market The communication anten

Livestock Monitoring Market worth $2.3 billion by 2026

The report " Livestock Monitoring Market with COVID-19 Impact Analysis by Offering, Livestock Type, Application (Milk Harvesting, Feeding, Breeding, Behavior Monitoring & Control), Farm Size, Application, Geography - Global Forecast to 2026 " , is expected to grow from USD 1.4 billion in 2021 to USD 2.3 billion by 2026; it is expected to grow at a CAGR of 10.4% during 2021–2026. Key factors fueling this markets growth include livestock monitoring and disease detection; increasing adoption of IoT and AI by dairy farmers; and substantial cost-saving associated with livestock monitoring management industry. Growing population of cattle with increasing dairy farms and increasing adoption of livestock monitoring technology in developing countries create a strong demand for livestock monitoring in the midst of COVID-19. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72634532 Software component to witness highest CAGR during 2021–2026 The

Wireless Testing Market worth $14.4 billion by 2024

The report " Wireless Testing Market by Offering (Equipment, Services), Technology (Bluetooth, 2G/3G, 4G/5G, Wi-Fi), Application (Consumer Electronics, Automotive, IT & Telecommunication, Medical Devices, Aerospace & Defense) and Region - Global Forecast to 2024" , size was valued at USD 10.4 billion in 2019 and is projected to reach USD 14.4 billion by 2024; it is expected to grow at a CAGR of 6.7% during the forecast period. The major driving factors in the wireless testing market are the adoption of advanced manufacturing techniques that require minimum human intervention and maintain quality of products and recent advancements in wireless technologies such as 4G and 5G. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=128820153 Wireless testing services market is the fastest-growing market The primary objective of wireless testing services is the assessment of the quality and safety of products to reassure consumers that a manufactu

Automated Container Terminal Market Expected to reach 10.89 Billion USD by 2023

According to the new market research report " Automated Container Terminal Market by Degree of Automation (Semi-Automated and Fully Automated), Project Type (Brownfield and Greenfield), Offering (Equipment, Software, and Services), and Geography - Global Forecast to 2023" , 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

Air Treatment Market Projected to reach $25.56 billion by 2023

According to the new market research report " Air Treatment Market by Technology (HEPA Filters, Activated Carbon), Product (Dust Collector, Engine exhaust systems), Application (Exhaust air and Compressed air), Vertical (Manufacturing, Automotive), and Geography - Global Forecast to 2023" , the air treatment market, the market is expected to be worth USD 17.39 billion by 2018 and USD 25.56 billion by 2023, growing at a CAGR of 8.00% during the forecast period. The growth of the air treatment market is driven by factors such as increasing industrialization and urbanization, stringent regulations governing emissions and treatment of industrial effluents, and the need for achieving high efficiency with mechanical equipment and factory processes. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=42321742 Dust collectors to hold largest share of air treatment market by product till 2018 Dust collectors are expected to hold the largest share o

Postal Automation System Market Projected to reach 1,022.2 Million USD by 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 barcode reading, shape, size, and volume, and then to divert these parcels to their respective delivery destinations. Various types of systems including letter sorters, flat sorters, and parcel sorters are used in the postal industry. These sorting machines are essentially mechatronic in nature consisting of electrical, ele

Cargo Inspection Market Projected to reach $2.85 billion by 2023

The cargo inspection market is expected to grow from an estimated USD 2.38 billion in 2018 to USD 2.85 billion by 2023, at a CAGR of 3.66% between 2018 and 2023. Factors driving the growth of this market include the increasing demand for quality assured commodity and increased trade of various commodities. Trade house across regions strive to enhance the quality and standards of goods that are imported and exported to the overseas markets, especially in developed countries where stringent regulations are imposed on imported goods. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=65330537 Market for oil, gas, & petrochemicals industry expected to capture the largest market share during the forecast period The oil & gas industry is governed by stringent rules, regulations, and standards as it is directly related to the environment and safety of life. Secondly, it is the natural resource on which the economy of any country is dependent. The car

Cargo Inspection Market Projected to reach $2.85 billion by 2023

The cargo inspection market is expected to grow from an estimated USD 2.38 billion in 2018 to USD 2.85 billion by 2023, at a CAGR of 3.66% between 2018 and 2023. Factors driving the growth of this market include the increasing demand for quality assured commodity and increased trade of various commodities. Trade house across regions strive to enhance the quality and standards of goods that are imported and exported to the overseas markets, especially in developed countries where stringent regulations are imposed on imported goods. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=65330537 Market for oil, gas, & petrochemicals industry expected to capture the largest market share during the forecast period The oil & gas industry is governed by stringent rules, regulations, and standards as it is directly related to the environment and safety of life. Secondly, it is the natural resource on which the economy of any country is dependent. The car

Micro-Location Technology Market worth $34.1 billion by 2024

According to the new market research report " Micro-Location Technology Market by Application (Asset Management, Proximity Marketing), Technology (BLE, UWB, Wi-Fi, RFID), Offering, Vertical (Retail and Hospitality, Healthcare, Industrial, Transportation, Sports), & Geography - Global Forecast to 2024" , The micro-location technology market is projected to grow from USD 14.1 billion in 2019 to USD 34.1 billion by 2024 at a CAGR of 19.4%. Factors such as increasing importance of asset management across different industries; rise in the use of location-based mobile advertisement; high return on investment; growing adoption of mobile devices; and inefficiency of GPS in indoor premises are driving the market toward high growth. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=125942648 “Asset management to register higher CAGR in micro-location technology market during forecast period” The micro-location technology market for asset managem

Flexible AC Transmission Systems (FACTS) Market worth $1.5 billion by 2025

The report " Flexible AC Transmission Systems (FACTS) Market with Covid-19 Impact Analysis by Compensation Type (Shunt, Series, and Combined), Generation Type, Vertical, Component, Application, Functionality, and Geography - Global Forecast to 2025" is estimated to grow from USD 1.2 billion in 2020 to USD 1.5 billion by 2025; it is expected to grow at a CAGR of 5.4% from 2020 to 2025. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1228 In a conventional AC transmission system, the ability to transfer AC power is limited by factors such as transient stability, thermal, voltage, and short circuit current limits. These limitations can be overcome with the use of flexible AC transmission systems (FACTSs)—power electronic controllers—as they offer various benefits such as controllability, flexibility and reliability, as well as enhance power transfer capability of the network. FACTS devices help in reducing voltage drops on a transmission lin

Automotive Sensors Market Expected to reach $40.3 billion by 2025

The repot " 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 40.3 billion by 2025 from an estimated USD 24.5 billion in 2020, it is expected to grow at a CAGR of 10.5% 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 on type, th

Microgrid Market Expected to reach $47.4 billion by 2025

The Microgrid market is projected to reach USD 47.4 billion by 2025 from USD 28.6 billion in 2020, at a CAGR of 10.6% between 2020 and 2025. Rising demand for clean energy, increasing instances of cyberattacks on energy infrastructures, growing requirement for reliable & secure global power supply, and rising global deployment of microgrids for rural electrification are key factors driving the market growth. Furthermore, the expansion of renewable energy capacity of countries in APAC and government initiatives to encourage the development of microgrids are the opportunities for microgrid developers. 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 microgrid