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Showing posts from November, 2021

Vertical Farming Market Growing at the Fastest Rate in APAC Region

The Vertical Farming market is expected to grow from USD 3.1 billion in 2021 to USD 9.7 billion by 2026; it is expected to grow at a CAGR of 25.0% during the forecast period. The major driving factors for the growth of the vertical farming market include high yield associated with vertical farming over conventional farming, year-round crop production irrespective of weather condition, advancements in light-emitting diode (LED) technology and requirement of minimum resources. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221795343 Based on the growth mechanism, the vertical farming market has been segmented into hydroponics, aeroponics, and aquaponics. These growth mechanisms do not include the use of soil, enabling farmers to establish farms indoors and carry out farming at any location irrespective of the climate. In countries where the climate remains cold for the maximum time of the year and the quality of soil is not favorable for farming, the

Fuel Management System Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

According to the new market research report " Fuel Management System Market by Offering (Hardware, Software, and Services), Application (Fuel Storage Monitoring, and Access Control & Fuel Dispensing), Industry (Transportation & Logistics, and Oil & Gas), and Geography - Global Forecast to 2023" , the fuel management system market is expected to grow from USD 515.9 million in 2018 to USD 707.4 million by 2023, at a CAGR of 6.52% between 2018 and 2023. The growth of this market can be attributed to the high demand for fuel management systems from the transportation and logistics industry for fuel storage monitoring, and access control and fuel dispensing applications. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=255245201 Access control and fuel dispensing applications to hold larger share of fuel management system market in 2018 By application, access control and fuel dispensing leads the fuel management system market. Hi

Eye Tracking Market is expected to show impressive growth rate between 2020 to 2025

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?

Instrumentation Valves and Fittings Market To Witness the Highest Growth in APAC Region

The report " Instrumentation Valves and Fittings Market with COVID-19 Impact Analysis by Product (Valves, Fittings, and Actuators), Industry (Oil & Gas, Food & Beverages, Chemicals, Healthcare, Pulp & Paper, and Energy & Power), and Region - Global Forecast to 2025" , global instrumentation valves and fittings market size was valued at USD 2.4 billion in 2020 and is projected to reach USD 3.7 billion by 2025. It is expected to grow at a CAGR of 9.4% during the forecast period. Surging demand for valves from healthcare and pharmaceuticals industries due to outbreak of COVID-19 pandemic, growing requirement for reducing excessive noise, pressure, vibration, and cavitation in critical industrial processes, increasing industrialization and urbanization, along with growing number of smart city initiatives, and rising need for connected networks to maintain and monitor varieties of equipment in plants are the key driving factors for the instrumentation valves and f

Environmental Remediation Market Growing at the Fastest Rate in APAC Region

The report " Environmental Remediation Market with COVID-19 Impact Analysis by environmental medium(soil & groundwater), Technology (Bioremediation, Pump & Treat, Soil Vapor Extraction, Chemical Treatment), Site Type, Application, and Region - Global Forecast to 2026 " The overall environmental remediation market is expected to grow from USD 104.6 billion in 2021 to USD 158.8 billion by 2026; it is expected to grow at a CAGR of 8.7% during 2021–2026. Key factors fueling this markets growth include increasing government initiatives for environmental protection; growing focus on development of environment-friendly industries; and rapid population growth and industrialization in developing countries. Development of advanced remediation technologies and continuous expansion of oil & gas industry create a strong demand for environmental remediation for efficient industrial operations in the midst of COVID-19. Download PDF Brochure @ https://www.marketsandmarkets.com/

Electric Heat Tracing Market Growing at the Fastest Rate in North America Region

According to the market research report " Electric Heat Tracing Market with COVID-19 Impact, by Type (Self Regulating, Constant Wattage), Application (Freeze Protection & Process Temperature Maintenance), Vertical (Oil & Gas, Chemicals, Residential, Commercial), and Region - Global Forecast to 2025" , The global electric heat tracing market size is expected to grow from USD 1.7 billion in 2020 to USD 2.5 billion by 2025, at a CAGR of 8.2%. The increasing adoption of electric heat tracing systems over conventional steam tracing systems is expected to fuel the demand for electric heat tracing systems. The growing demand for electric heat tracing systems from various end-user industries is expected to play a vital role in the growth of the electric heat tracing market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=88678555 The electric heat tracing market includes major Tier I and II players like nVent, Thermon, Spirax-Sarco Enginee

Silicon Photonics Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

The report " Silicon Photonics Market with COVID-19 Impact Analysis by Product (Transceivers, Switches), Application (Data Center & High-performance Computing, Telecommunication), Waveguide, Component, and Geography - Global Forecast to 2027 " The silicon photonics market is expected to grow from USD 1.1 billion in 2021 to USD 4.6  billion by 2027; it is expected to grow at a CAGR of 26.8% during the forecast period. With the outbreak of the COVID-19 pandemic, there has been a spike in internet usage, primarily due to the high acceptance of the work-from-home norm and increased inclination toward television watching and e-learning activities, among many others. However, the surging use of digital services has also led to the lay off of employees or reduction in expenditure by companies. Subsequently, the sale of networking components, such as silicon photonic devices, has declined to a great extent. The 5G network is expected to be one of the fastest-growing applications

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

The report " Level Sensors Market by Technology (Contact, Non-Contact), Type (Ultrasonic, Hydrostatic, Magnetostrictive), Monitoring (Continuous, Point Level), End-use Application (Industrial Manufacturing, Oil & Gas, Chemical), and Geography – Global Forecast to 2025", The level sensor market is projected to reach USD 6.1 billion by 2025 from USD 4.3 billion in 2020, it is expected to grow at a CAGR of 7.5% from 2020 to 2025. Factors such as the reduction in the size of sensors, rising adoption of level sensors in process industries, and rising use of IIoT solutions, stable vehicle production worldwide drive the growth of the level sensors market. Rising adoption of industry 4.0 and increasing use of level sensors in environmental applications would provide significant opportunities for the level sensors market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=926 Based on technologies, the non-contact segment of the level sensors marke

Microgrid Controller Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

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 “Market for software required in microgrid controller systems is expected to grow at the highest CAGR during the forecast period.” The microgrid controller system market by offering includes hardware, software, and services. The market for the software segment is expected to grow at the h

Wireless Testing Market Growing at the Fastest Rate in APAC Region

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 man

Deep Learning Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

According to the latest market research report " Deep Learning Market by Offering (Hardware, Software, and Services), Application (Image Recognition, Signal Recognition, Data Mining), End-User Industry (Security, Marketing, Healthcare, Fintech, Automotive, Law), and Geography - Global Forecast to 2023" , the deep learning market, the overall deep learning market is estimated to be valued at USD 3.18 Billion in 2018 and is expected to be worth USD 18.16 Billion by 2023, at a CAGR of 41.7% from 2018 to 2023. Improving computing power, declining hardware cost, and the increasing adoption of cloud-based technology are fueling the growth of the deep learning market. Usage in big data analytics and growing AI adoption in customer-centric services are the other key factors driving this market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107369271 Software to hold largest market share from 2018 to 2023 Software currently holds the largest ma

Millimeter Wave Technology Market Growing at the Fastest Rate in North America Region

 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, by component, in 2020 The market for frequency sources & related components is projected to account for the largest share. The larger market share of frequency components is mainly due to the use of oscillators. The frequency sources and related components include o

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

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

Fuel Management System Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

According to the new market research report " Fuel Management System Market by Offering (Hardware, Software, and Services), Application (Fuel Storage Monitoring, and Access Control & Fuel Dispensing), Industry (Transportation & Logistics, and Oil & Gas), and Geography - Global Forecast to 2023" , the fuel management system market is expected to grow from USD 515.9 million in 2018 to USD 707.4 million by 2023, at a CAGR of 6.52% between 2018 and 2023. The growth of this market can be attributed to the high demand for fuel management systems from the transportation and logistics industry for fuel storage monitoring, and access control and fuel dispensing applications. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=255245201 Access control and fuel dispensing applications to hold larger share of fuel management system market in 2018 By application, access control and fuel dispensing leads the fuel management system market. Hi