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Showing posts from August, 2021

Postal Automation System Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

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

Acoustic Emission Testing Market to Witness the Highest Growth in North America Region

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

Pressure Transmitter Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

According to the new market research report " Pressure Transmitter Market by Type (Absolute, Gauge, Differential Pressure, and Multivariable), Application, Fluid Type, Industry (Oil & Gas, Chemicals, Power, Pharmaceuticals, Food & Beverages), and Geography - Global Forecast to 2024" , the pressure transmitter market is likely to reach USD 3.36 billion by 2024 from USD 2.72 billion in 2018, at a CAGR of 3.59%. The growth of this market can be attributed to 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, monitori

Industrial Refrigeration System Market to Witness the Highest Growth in North America Region

The global industrial refrigeration system market is expected to grow from USD 19.3 billion in 2019 to USD 24.8 billion by 2025, at a CAGR of 4.3%. The rising demand for innovative and compact refrigeration systems is one of the key factors driving the growth of the market. The increasing government support to strengthen the cold chain infrastructure in developing countries, along with the growing adoption of natural refrigerant-based systems due to stringent regulatory policies, is the other factor driving the market growth. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=245749288 Compressors to dominate global industrial refrigeration system market during forecast period Compressors are expected to hold a majority of the global industrial refrigeration system market share in 2019, and the segment is projected to dominate the market during the forecast period. In industrial refrigeration systems, compressors play a vital role by increasing refri

Building Information Modeling Market (BIM) To Witness the Highest Growth in North America Region

According to the new research report " Building Information Modeling Market (BIM) by Type (Software, Services), Application (Buildings, Civil Infrastructure, Industrial), End-User (AEC, Contractors and Facility Managers), Project Lifecycle, and Region - Global Forecast to 2025" , 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; it is expected to record a compound annual growth rate (CAGR) of 14.5%. Rapid urbanization and increase in infrastructure projects and strong government support by making BIM mandatory are the major factors driving the growth of 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,

Fire Protection System Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

The global fire protection system market size is estimated to reach USD 84.6 billion by 2026 from USD 62.1 billion in 2021, growing at a CAGR of 6.4%. Fire protection systems are a set of connected devices or systems that are used to prevent fire accidents. These systems also reduce the impact of uncontrolled fires, thus saving lives and property. Fire protection systems comprise fire detection, fire suppression, fire sprinkler, fire analysis, and fire response systems that are required in emergencies. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1018 The market for fire analysis is expected to grow at the highest CAGR from 2021 to 2026 within the global fire protection system market. This growth can be attributed to the increasing need for sophisticated fire analysis, which helps in proper decision-making and fire prevention. A fire protection system can work effectively if an appropriate analysis of events is done. Fire analysis is an important

Automotive Sensors Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

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

Fire Suppression Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

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 agent that is electrically nonconductive and safe for humans. It extinguishes flame primarily through heat absorption, leaving no residue, and thus minimizing downtime after a fire. FM200 agent is stored in a cylinder as a liquid and pressurized with nitrogen, which makes it a highly compact fire suppr

Smart Agriculture Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

The smart agriculture market is projected to grow from USD 13.7 billion in 2020 to USD 22.0 billion by 2025; it is expected to grow at a CAGR of 9.8% from 2020 to 2025. The rising pressure on the food supply system owing to the rapidly growing population, the surging use of modern technologies in agricultural products, the growing income levels and demand for protein-rich aqua food, the increasing focus of farmers on livestock monitoring and disease detection, and the increasing emphasis on reducing the management cost by adopting advanced livestock monitoring products are the major factors contributing to the growth of the smart agriculture market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=239736790 Based on the Offering, the smart agriculture market has been segmented into hardware, software, and services. The hardware segment held the largest share of the smart agriculture market in 2020. The growing adoption of new technologies and modern

Livestock Monitoring Market Opportunities and Challenges

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 livestock monito

Load Monitoring System Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

According to the new market research report " Load Monitoring System Market by Offering (Load Cell, Indicator & Controller, Data Logging Software), Technology (Analog, Digital), Industry (Automotive, Healthcare, Marine, Construction), and Geography - Global Forecast to 2024" , the load monitoring system market is estimated to be worth USD 2.6 billion in 2018 and is expected to reach USD 3.3 billion by 2024, at a CAGR of 4.0% during the forecast period. The major factors fueling the growth of the load monitoring system market include rise in demand for load monitoring system in healthcare, increase in use of load monitoring system for testing and monitoring aircraft parts, decline in instrumental errors owing to technological innovations in load cells, and increase in demand for remote load monitoring. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=125476126 “Load cell to lead load monitoring system market by 2024” Load cell is the m

Industrial Refrigeration System Market Projected to reach $24.8 billion by 2025

The report " Industrial Refrigeration System Market by Component (Compressor, Condenser, Evaporator), Refrigerant Type (Ammonia, CO2), Application (Fruit & Vegetable Processing, Meat & Poultry, Refrigerated Warehouse), and Region - Global Forecast to 2025" , is expected to grow from USD 19.3 billion in 2019 to USD 24.8 billion by 2025, at a CAGR of 4.3%. The growing adoption of natural refrigerant-based systems owing to strict regulatory policies has resulted in the increased demand for industrial refrigeration systems. Other drivers for the industrial refrigeration system market growth include the increasing demand for innovative and compact refrigeration systems and ongoing government support to strengthen the cold chain infrastructure in developing countries. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=245749288 Compressors to hold largest share of industrial refrigeration system market during forecast period Compressors a

Hydraulics Market Growth, Analysis, Latest Trends and Forecast till 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

Microgrid Market Expected to reach $42.3 billion by 2026

According to a research report " Microgrid Market with COVID-19 Impact Analysis by Connectivity (Grid Connected, Off-grid Connected), Offering (Hardware, Software, Services), End Use (Commercial & Industrial, Remote, Utilities), Pattern, Type, and Geography - Global Forecast to 2026" published by MarketsandMarkets, the global microgrid market is estimated to grow from USD 24.6 billion in 2021 to USD 42.3 billion by 2026 at a CAGR of 11.4% during 2021–2026. The growth of the microgrid market is driven by factors such as rising focus on decarbonization by various end users and government, increasing demand for uninterrupted power supply, growing adoption of microgrids for rural electrification, and rising instances of cyberattacks on energy infrastructures. Initiatives by governments of different countries to encourage the development of microgrids are also fueling the growth of the market.  Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=9

MulteFire Market Projected to reach $2,119 million by 2025

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

Fire Protection System Market Opportunities and Challenges

According to the new market research report, " Fire Protection System Market by Product (Fire Suspension, Fire Sprinkler, Fire Analysis, Fire Response, Fire Detection), Service (Engineering, Installation and Design, Maintenance, Managed), Vertical, and Region - Global Forecast to 2025", the global fire protection system market size is estimated to reach USD 95.4 billion by 2025 from USD 67.7 billion in 2020, growing at a CAGR of 7.1%. The market growth is fueled by the development of the construction industry, an increase in the loss of human lives & property due to fire breakouts, stringent regulatory compliances, and a rise in the adoption of wireless technology in fire detection systems.   Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1018 “Fire suppression segment to hold the largest size of the fire protection system market from 2020 to 2025.” A fire suppression system starts operating once it receives fire alerts from differe

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 severa

Smart Agriculture Market – Global Industry Analysis to Witness Significant Growth during 2020-2025

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 mo

Test and Measurement Equipment Market: See How Major Leaders Are Keeping Up With the Emerging Trends

The report " Test and Measurement Equipment Market with COVID-19 Impact Analysis by Product Type (GPTE and MTE), Service Type (Calibration Services, Repair Services/After-sales Services), Verticals, and Region(APAC, Europe, North America) - Global Forecast to 2026" , is expected to grow from USD 27.7 billion in 2021 to USD 33.3 billion by 2026, at a CAGR of 3.7%. The market is growing due to the increasing demand for such equipment from verticals such as automotive and transportation, aerospace & defense, IT and telecommunications, education and government, electronics & semiconductor, industrial, and healthcare. The healthcare sector is expected to exhibit the highest CAGR of 4.63% during the forecast period. There is a significant growth potential for the test and measurement equipment market in the healthcare vertical due to the rapid development of new healthcare equipment, patient-monitoring systems, and personal emergency reporting systems. Download PDF Broch