Semiconductor and Electronics

The robotic welding market (with peripherals) size is projected to reach USD 11.7 billion by 2026 from an estimated USD 7.1 billion in 2021, at a CAGR of 10.5% from 2021 to 2026. The intensifying adoption of Industry 4.0 principles and ongoing penetration of 5G in industrial manufacturing are among the factors driving the growth of the robotic welding market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248099543 Robotic laser welding is an inherently precise and versatile welding approach. It enables the development of accurate, clean, and flexible products, which require less touch-ups or reworks. Similarly, plasma welding robots offer high welding accuracy and repeatability. They reduce operating cycle time, thereby preventing errors during welding. Owing to these features, the robotic laser and plasma welding segment is expected to grow at the highest CAGR during the forecast period. The automotive and transportation segment is expected to ...

The global contraband detector market size is estimated to grow from USD 3.9 billion in 2021 to USD 5.6 billion by 2026, at a CAGR of 7.5%. The market declined in 2020, mainly due to the impact of COVID-19. The industrial supply chain was disrupted in 2020 due to the lockdown imposed by various governments and labor shortages in these industries due to travel restrictions, which would affect the contraband detector market. Though the market is expected to be impacted in 2020, it is expected to fully recover by 2021. The increasing security concerns due to rapid urbanization and the growing adoption of contraband detectors in transportation applications are expected to drive the contraband detector market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=181964391 Likewise, the use of contraband detectors in various applications and technological advancements in contraband detectors is expected to propel the demand for contraband detectors systems d...

The 5G enterprise market is expected to grow from USD 2.1 billion in 2021 to USD 10.9 billion by 2027, at a CAGR of 31.8%. A few major factors driving the growth of this market are the emergence of Industry 4.0 paving the way for mMTC, the development of smart infrastructure, and the delivery of differentiated 5G services using network slicing technique. The critical challenge faced by the market players is the requirement of the high spending capability of carriers to set up a 5G infrastructure. Similarly, the adoption of Wi-Fi communication technology by enterprises and security concerns in the 5G core network are the major factors hindering the market growth. Low latency connectivity with uRLLC and increasing demand for private networks from various enterprises and government organizations for mission-critical applications. Despite the market being in the infancy stage, a lot of research is being conducted in the market. Download PDF Brochure @ https://www.marketsandmarkets.com/p...

According to the research report, the " Millimeter Wave Technology Market by Product (Scanner Systems, Telecommunication Equipment), License Type (Unlicensed, Fully Licensed), Application (Mobile and Telecom, Automotive), Component, Frequency Band, and Region - Global Forecast to 2026" , size is estimated to grow from USD 1.8 billion in 2021 to USD 4.7 billion by 2026, at a CAGR of 20.8%. Rising adoption of millimeter waves in the telecommunication sector is one of the factors fueling the growth of this market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=981 “Frequency sources & related components accounted for a larger share of millimeter wave technology market in 2020” Frequency sources & related components are projected to account for the largest share in the millimeter wave technology market. The larger market share of frequency components is mainly due to the use of oscillators. The frequency sources & related compon...

The global industrial refrigeration system market is estimated to grow from USD 19.3 billion in 2019 to USD 24.8 billion by 2025, at a CAGR of 4.3 %. Rising demand for innovative and compact refrigeration systems is one of the key factors driving the growth of the industrial refrigeration system market. Also, increasing government support to strengthen the cold chain infrastructure in developing countries acts as a major driver for the growth of the industrial refrigeration system market. Further, the growing adoption of natural refrigerant-based systems due to stringent regulatory policies is expected to propel the demand for industrial refrigeration systems during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=245749288 Low-charge ammonia refrigeration systems and CO 2 cascade refrigeration systems are experiencing a surge in interest across a diverse number of cooling sectors. The environmental benefits of a natural refri...

The precision farming market is expected to grow from USD 7.0 billion in 2020 to USD 12.8 billion by 2025, at a CAGR of 12.7%. Major drivers for the precision farming market include the high demand for agricultural products due to population growth; increased adoption of VRT, remote sensing technology, and guidance technologies by worldwide farmers; and strong government support for promoting the use of precision farming techniques are the major factors fueling the growth of the precision farming market. Further, the changing weather patterns due to increasing global warming have impelled the adoption of advanced farming technologies to enhance farm productivity and crop yield. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1243 The precision farming market in APAC is expected to grow at the highest CAGR from 2020 to 2025. The increasing adoption of precision farming technologies such as guidance systems, remote sensing, and variable-rate technol...

The global smart thermostat market size is expected to reach USD 6.4 billion by 2026 from USD 2.5 billion in 2021, growing at a CAGR of 12.0%. The key factors driving the growth of the market include increasing adoption of smart homes attributed to COVID-19 situation, emergence of IoT-enabled HVAC systems, government regulations pertaining to increase energy efficiency of buildings, and surging adoption of smart home voice assistants. However, high manufacturing and installation costs of smart thermostats, and concerns regarding data security are the factors restraining the growth of the smart thermostat market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=266618794 The smart thermostat market for learning smart thermostat is expected to grow at the highest CAGR during the forecast period. The learning smart thermostat is not required to be programmed on a regular basis like the connected thermostat. It is a premium device preferred by smart home...

The global RFID market is estimated to be USD 10.7 billion in 2021 and is projected to reach USD 17.4 billion by 2026, at a CAGR of 10.2% during the forecast period. The key factors fueling the growth of this market include growing market competitiveness leading to availability of cost-effective RFID solutions, high returns on investment, increasing regulations and government initiatives for various industries, and increasing installation of RFID systems in manufacturing units to improve productivity due to COVID-19. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=446 The RFID market has promising growth potential due to several factors, including the growing trend of hybrid RFID solutions, rising adoption of RFID tags for Industry 4.0, IoT, and smart manufacturing and rising need for contact-tracing solutions due to COVID-19. The adoption of remote working practices due to COVID-19 pandemic and growing automotive and electronics industry in China, ...

The robotic welding market (with peripherals) size is projected to reach USD 11.7 billion by 2026 from an estimated USD 7.1 billion in 2021, at a CAGR of 10.5% from 2021 to 2026. The intensifying adoption of Industry 4.0 principles and ongoing penetration of 5G in industrial manufacturing are among the factors driving the growth of the robotic welding market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248099543 Robotic laser welding is an inherently precise and versatile welding approach. It enables the development of accurate, clean, and flexible products, which require less touch-ups or reworks. Similarly, plasma welding robots offer high welding accuracy and repeatability. They reduce operating cycle time, thereby preventing errors during welding. Owing to these features, the robotic laser and plasma welding segment is expected to grow at the highest CAGR during the forecast period. The automotive and transportation segment is expected to c...

The Smart Irrigation Market is estimated to be worth USD 1.0 billion in 2020 and projected to reach USD 2.1 billion by 2025, at a CAGR of 15.3%. The rapid growth of the smart irrigation market can be attributed to various factors, such as the increasing adoption of smart irrigation devices, and sensing and monitoring devices by farmers. It is also expected that the cost of smart irrigation technology will decrease in the next couple of years, mainly because of the declining prices of major hardware components. As a result, the smart irrigation market is expected to witness high growth during the forecast period. IoT device installations in agriculture farms around the world are projected to witness a compound annual growth rate of 14%. COVID-19 is further expected to accelerate the installation of IoT devices in agriculture farms across the world to optimize irrigation scheduling with reduced labor requirements in the field. Download PDF Brochure @ https://www.marketsandmarkets.com/...

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 as...

According to the new market research report " Eye Tracking Market with COVID-19 Impact Analysis by Offering (Hardware, Software, Services), Tracking Type (Remote and Mobile), Application (Assistive Communication, and Human Behavior & Market Research), Vertical, and Geography- Global Forecast to 2025" , is expected to grow from USD 368 million in 2020 to USD 1,098 million by 2025; it is expected to grow at a CAGR of 24.5% from 2020 to 2025. The high demand for eye trackers in the healthcare vertical, especially for the assistive communication application is one of the key driving factors for the eye tracking market. The increasing penetration of eye tracking technology in the consumer electronics vertical, and high demand for eye trackers for personalized advertisements and consumer research purposes are a few other key factors having a positive impact on the growth of the eye tracking market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?...

According to the new market research report on the " Utility Locator Market by Technique (Electromagnetic Field, GPR), Offering ( Equipment and Services), Target (Metallic and Non-Metallic), Vertical (Oil & Gas, Electricity, Transportation, Water & Sewage, Telecom), and Geography - Global Forecast to 2023" , the utility locator market is expected to grow from USD 5.62 Billion in 2018 to USD 7.50 Billion by 2023, at a CAGR of 5.94% between 2018 and 2023. The market is mainly driven by the factors such as the concern for safety and protection of underground utilities, benefits of advanced utility locating technologies over traditional utility locating methods, and government initiatives toward the implementation of utility locators. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=181874750 Electromagnetic field locators held largest share of overall market in 2017 The electromagnetic field technique accounted for the largest shar...