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Showing posts from July, 2021

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

According to MarketsandMarkets " Precision Livestock Farming Market with COVID-19 Impact Analysis by System Type, Application (Milk Harvesting, Feeding, Health), Offering (Hardware, Software, Services), Farm Type (Dairy, Swine, Poultry), Farm Size, and Geography - Global Forecast to 2025" , The global Precision Livestock Farming Market is expected to grow to USD 4.8 billion by 2025 from an estimated USD 3.1 billion in 2020, at a CAGR of 9.0% during the 2020-2025 period. The rapid growth of the global precision livestock farming market is attributed to the factors such as the implementation of IoT- and AI-enabled devices for livestock monitoring, surging labor costs and rising demand for automation in the livestock industry, increasing focus on real-time monitoring and early disease detection, and growing demand for protein and dairy products have become the prominent factors for the growth of the precision livestock farming market globally. Download PDF Brochure @ https:

Key Factors that Drive the Growth of Acoustic Emission Testing Market Forecast – 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. 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 rol

Point-to-Point Antenna Market Projected to reach $5.0 billion by 2025

According to the new market research report " Point-to-Point Antenna Market with COVID-19 impact by Type (Parabolic, Flat Panel, Yagi), Polarization, Frequency Range (1.0 GHz to 9.9 GHz, 10.0 GHz to 29.9 GHz, 30.0 GHz to 86.0 GHz), Application, and Region - Global Forecast to 2025" , The point-to-point antenna market is estimated to be valued at USD 3.6 billion in 2020 and is projected to reach USD 5.0 billion by 2025, at a CAGR of 6.9%. This estimation factors in the impact of the COVID-19 pandemic on the market. The major driving factors are the simplicity of installation as compared with other antennas and the growing penetration of the Internet. The increasing number of M2M connections among various industry verticals is also expected to drive the point-to-point antenna market growth during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=8305622 Parabolic antenna to account for largest share of point-to-point anten

Substation Automation Market is Witnessing Steady Growth across the Globe

The report " Substation Automation Market with COVID-19 impact analysis by Offering (Hardware, Software, Services), Type (Transmission, Distribution), Installation Type, End-use Industry, Component, Communication, and Region - Global Forecast to 2026" , is estimated to be USD 54.2 billion by 2026 (forecast year) from USD 39.9 billion in 2021 (estimated year), at a CAGR of 6.3% between 2021 to 2026. The growing demand for low-cost and more flexible substation solutions drives the adoption of automated substations in various industries, such as utilities, oil & gas, and railways. Government funding initiatives to replace aging infrastructure also help reduce energy and revenue losses. This, in turn, assists in preventing power outages and blackouts and drives the need to install more automated substations. Moreover, the rising demand for renewable energy projects and the increasing adoption of electric and hybrid vehicles are set to create new growth opportunities for play

Microprocessor and GPU Market Opportunities and Challenges

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

Key Factors that Drive the Growth of Volumetric Video Market Forecast – 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. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=259585041 “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 g

Crawler Camera System Market Projected to reach $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. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=191720025 Pipeline inspection application of crawler camera system market to grow

Automotive Sensors Market Projected to reach $40.3 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 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, the image s

Key Market Dynamics in Fire Testing Market

The report " Fire Testing Market by Service Type (Testing, Inspection, and Certification), Sourcing Type (In-house and Outsourced), Application (Consumer Goods & Retail, Chemicals, Construction & Infrastructure, Mining) Region - Global Forecast till 2024" , was valued at USD 6.3 billion in 2019 and is projected to reach USD 8.6 billion by 2024; it is expected to grow at a CAGR of 6.4% during the forecast period. The major driving factors in the fire testing market are the adoption of safety systems in industries and growing automation in buildings. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=83597839 In-house market expected to hold largest share in fire testing market Based on service, the fire testing market has been segmented into in-house and outsourced. In-house testing facilities enable the companies to perform fire testing services as part of the control and quality assurance. To perform testing activities in-house, a

Europe TIC Market Projected to reach $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

Management System Certification Market Projected to reach $32.5 billion by 2026

The global Management system certification market is expected to grow from USD 25.1 billion in 2021 to USD 32.5 billion by 2026, at a CAGR of 5.3%. The market is expected to grow to the increasing demand of medical and life sciences products in healthcare industry. The Management system certification market for system certification is expected to grow at the highest CAGR during the forecast period. Business organizations worldwide require management systems to ensure their success. These systems are critical as they provide policies and processes to ensure that business organizations achieve their objectives with minimized business risks. Certified management systems ensure that business organizations are on par with internationally recognized standards. A wide range of the key players operating in the TIC ecosystem, including Bureau Veritas, SGS, INTERTEK, DEKRA, TÜV SÜD, DNV, etc., offer management system certification services. These players help companies improve their organizat

Hydraulics Market Projected to reach $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 p

Ball Valves Market Projected to reach $14.7 billion by 2025

The report " Ball Valves Market With COVID-19 & Oil Price Crisis Impact Analysis By Type (Trunnion-mounted, Floating, Rising Stem), Material, Size, End-User (Oil & Gas, Energy & Power, Water & Wastewater Treatment), and Region - Global Forecast to 2025" , was valued at USD 8.1 billion in 2020 and is projected to reach USD 14.7 billion by 2025. It is expected to grow at a CAGR of 12.5% during the forecast period. Increasing demand for valves from healthcare and pharmaceuticals industries due to outbreak of COVID- 19 pandemic, need for replacement of outdated ball valves and adoption of smart valves, rising focus on industrialization, urbanization, and smart city development, and rise in new nuclear power plants projects and upgrade existing ones are the key driving factors for the ball valves market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80882742 Trunnion-mounted ball valves to account for the largest share of the ball

Single Loop Controller Market Expected to reach $103 million by 2024

The report " Single Loop Controller Market Type, Display Type (LCD, LED), Panel Cutout Size, Application (Oil & Gas Plants, Petrochemical Plants, Iron & Steel Plants, Power Plants, Chemical Plants), and Geography - Global Forecast to 2024" , was valued at USD 94 million in 2018 and is expected to reach USD 103 million by 2024, at a CAGR of 1.4% from 2019 to 2024. Changing energy trends, increasing demand for unconventional energy sources, booming power sector, and growing investments toward power generation projects drive the growth of the market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=12690310 Temperature Controller to hold the largest market share of the single loop controller market between 2019 and 2024 The demand for single loop temperature controllers is expected to grow at the highest CAGR between 2019 and 2024. The reason behind the high growth rate of temperature controllers is their extensive usage across several ind

Medical Device Testing Market is projected to grow $11.8 billion by 2025

The report " Medical Device Testing Market with COVID-19 impact, By Services (Testing, Inspection , Certification), Sourcing , Technology (Active Implant, IVD, Orthopedic & Dental, Opthalmic, Vascular), Class, Testing, & Region- Global Forecast to 2025" , The medical device testing market was valued at USD 9.3 billion in 2020 and is projected to reach USD 11.8 billion by 2025; growing at a CAGR of 4.8% from 2020 to 2025. The medical device testing market is growing due to the increasing need of verification and validation for medical devices. The in-vitro diagnostic (IVD) medical device segment held the largest share of the medical device testing market in 2019, owing to the increasing demand for rapid testing kits and other diagnostics devices across regions. The active implant medical device segment is projected to witness the highest CAGR during the forecast period, owing to the implementation of stringent regulations to ensure that the implantable medical devices