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Showing posts from January, 2022

Fuel Management System Market Growth, Analysis, Latest Trends and Forecast till 2023

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. High

Wearable Computing Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

According to a new market research report " Wearable Computing Market by Application (Fitness and Wellness, Medical and Healthcare, Enterprise and Industrial, Infotainment, and Others), by Technology (Computing, Display, Networking, and Others), & Geography - Global Forecast to 2020" , the total wearable computing market is expected to reach up to $34.61 Billion by 2020, growing at a CAGR of 20.7% between 2015 and 2020. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=125877882 The wearable computing market has managed to register a healthy growth over the past few years. This market is expected to show tremendous growth in the next five years. Increasing adoption of smart wearables such as, activity trackers, smartwatches, and smart clothing in consumer markets are the major driving forces of the overall wearable computing market. The growing importance of wearables in multiple application areas including industrial, tourism, and milit

Total Station Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

The total station market is estimated to reach USD 2.2 billion by 2027, registering a CAGR of 6.1% from 2022 to 2027.Total stations are used in various applications, such as construction, transportation, utilities, mining, agriculture, and oil and gas. Multiple activities in the construction industry, such as planning process, monitoring of individual machine performance, and managing onsite communications, require surveying technologies and efficient systems to share and use the information at the construction site. Before starting a project, surveyors collect information about the existing infrastructure through aerial images, ground surveys, and cadastral data. This information is fed into a database, along with environmental and other background data. The total station is a fast and efficient tool to measure, record, and detailed document information about the transportation network of roads, tunnels, and railways. It is also used for crash and crime scene reconstruction and inves

Testing, Inspection and Certification Market Growth, Analysis, Latest Trends and Forecast till 2026

 The testing, inspection and certification market is projected to reach USD 249.4billion by 2026 from USD 207.2billion in 2021; it is expected to grow at a CAGR of 3.8% from 2021 to 2026. APAChas the largest market share for testing, inspection and certification and also has the highest growth rate and is expected to grow at the highest CAGR during the forecast period. Many economically advanced countries have their manufacturing units in developing economies of APAC, especially in China and India. These units are required to manufacture products in compliance with internationally accepted standards. The domestic markets in APAC are growing rapidly owing to the rising per capita income among the middle-class population. Moreover, there is growing consumer awareness about the importance of certification.The driver for the growth of the TIC market in APAC is the growing inclination of manufacturers to produce aerospace and aeronautical components, electrical and electronic products, and

Fiber Optic Components Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

The global fiber optic components market is expected to grow from USD 24.5 billion in 2022 to USD 37.5 billion by 2027; it is expected to grow at a CAGR of 8.9% during 2022–2027. Key factors fueling this market's growth include increasing deployment of data centers; growing internet penetration and data traffic; and rising demand for bandwidth. Increase in adoption of fiber optic components in digital signage market; rise in demand for fiber optics due to reliability; and expansion of telecommunication infrastructure in developing economies create a strong demand for fiber optic components for efficient operations in the midst of COVID-19. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=63775446 Developments in network cabling technology are responsible for the increasing demand for fiber optic components such as transceivers, amplifiers, active optical cables, splitters, cables, circulators, connectors, and others. Fiber optic components have

Potential Opportunity worth $250 Bn Opening Up in Wearables as Wristwear Heads to $100 Bn Sales Revenue

The global  wearable technology  market is projected to be valued at $265 Bn by 2026, more than half of this growth is contributed by the consumer electronics segment. This growth is attributed to the demanding lifestyle in developed and developing countries as well as increasing advancements in wearable products such as smart goggles, wristbands, and smart shoes. Adjacent markets hold a potential of over $125 Bn in wearable technology, majority of which will be contributed by wearable payment devices and wearable healthcare devices. According to MarketsandMarkets analysis, $250 Bn of potential opportunity is opening up as  wearables  to $100 Bn sales revenue, of which AI-based virtual assistance was one of the most talked-about trends in 2021. Wearable technology market is estimated to grow at a healthy CAGR of 18-20% in the coming 5 years, driven by rising popularity of IoT and connected devices and growing consumer preference for sleek and compact

Leak Detection Market Growth, Analysis, Latest Trends and Forecast till 2025

The report " Leak Detection Market for Oil & Gas with COVID-19 Impact by Technology (Acoustic, E-RTTM, Fiber Optic, Mass/Volume Balance, Laser Absorption and LiDAR, Thermal Imaging), Medium (Oil and Condensate, Natural Gas), and Region - Global Forecast to 2025" , is estimated to be USD 2.1 billion in 2020 and is projected to reach USD 3.0 billion by 2025; it is expected to grow at a CAGR of 7.8% from 2020 to 2025. Increasing incidents of oil and gas leakages in pipelines and storage tanks at production facilities, ongoing construction of new pipelines and expansion of existing ones, and evolving government regulations pertaining to the implementation of leak detection systems are the key factors driving the growth of the leak detection market for oil & gas. Rising oil and gas exploration and production activities worldwide, increasing global oil and natural gas consumption, and ongoing technological advancements in leak detection systems are projected to create lucr

Silicon Photonics Market Growing at the Fastest Rate in North America Region

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

Hybrid Valve Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

According to the new market research report " Hybrid Valve Market by Material (Steel, Tungsten Carbide, Alloy, Titanium, Duplex Nickel), Valve Size, End-Use Industry (Oil & Gas, Water & Wastewater, Energy & Power, Chemicals, and others), and Region - Global Forecast to 2024", the global hybrid valves market size is expected to be worth USD 1.0 billion in 2019 and reach USD 1.4 billion by 2024, at a CAGR of 6.4% from 2019 to 2024. The growth of this market can be attributed to the high demand for hybrid valves from various industries such as oil & gas, energy & power, and water & wastewater, mainly from APAC and North America. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=147672154 Oil & gas industry to hold the largest share of the hybrid valves industry in 2019 The oil & gas industry is likely to account for the largest hybrid valves market share in 2019. The recent uptrend in the oil & gas industry

Precision Farming Market Growing at the Fastest Rate in Americas Region

The report " Precision Farming Market by Technology (Guidance, VRT, Remote Sensing), Application (Crop Scouting, Field Mapping, Variable Rate Application), Offering (Hardware—Sensors, GPS, Yield Monitors; Software; Services) and Geography - Global Forecast to 2025" , is expected to grow from USD 7.0 billion in 2020 to USD 12.8 billion by 2025, at a CAGR of 12.7%. The high demand for agricultural products due to population growth; increased adoption of VRT, remote sensing technology, and guidance technologies by worldwide farmers; strong government support for promoting the use of precision farming techniques are the major factors fueling the growth of the precision farming market. Also, government initiatives in many countries  such as UK, US, and Indiaenable farmers to make use of optimized agricultural and technological tools to improve their production levels. Further, the changing weather patterns due to increasing global warming have impelled the adoption of advanced fa

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

Medical Device Testing Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

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

Automotive Sensors Market to Witness the Highest Growth in APAC Region

The report " Automotive Sensors Market with COVID-19 Impact Analysis by Sales Channel (OEM, Aftermarket), Type (Temperature Sensors, Pressure Sensors, Position Sensors), Vehicle Type, Application (Powertrain Systems, Chassis), Region - Global Forecast to 2026" , was valued at USD 24.3 billion in 2020 and is estimated to reach USD 47.5 billion by 2026, registering a CAGR of 13.6% during the forecast period. The rising adoption of autonomous vehicles increasing demand for automotive sensors worldwide. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=426 By sales channel, the original equipment manufacturer (OEM) is projected to hold the largest share of automotive sensors market during the forecast period In 2021, the OEM segment is expected to hold a larger share of the automotive sensors market than the aftermarket segment, and a similar trend is expected to be observed from 2021 to 2026. The enforcement of stringent vehicle safety regula

Rugged Servers Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

According to the new market research report " Rugged Servers Market with COVID-19 Impact by Offering (Hardware, Software & Services), Type (Dedicated, Standard), Memory Size, Application (Military & Aerospace, Telecommunication, Industrial, Energy & Power, Marine) and Region - Global Forecast to 2025", the global rugged servers market size was valued at USD 475 million in 2020 and is projected to reach USD 652 million by 2025; it is expected to grow at a CAGR of 6.5% from 2020 to 2025. The key factors fueling the growth of this market include rising demand for industrial IoT, stringent regulatory requirements across various industries, and growing demand for rugged servers in the military, industrial, and power sectors. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=59534044 Dedicated rugged servers accounted for larger size of the rugged servers market in 2019. Dedicated rugged servers accounted for the larger share of the

Artificial Intelligence in Agriculture Market Growth, Analysis, Latest Trends and Forecast till 2026

The report " Artificial Intelligence in Agriculture Market by Technology (Machine Learning, Computer Vision, and Predictive Analytics), Offering (Software, Hardware, AI-as-a-Service, and Services), Application, and Geography - Global Forecast to 2026" , is estimated to be USD 1.0 billion in 2020 and is projected to reach USD 4.0 billion by 2026, at a CAGR of 25.5% between 2020 and 2026. The market growth is driven by the increasing implementation of data generation through sensors and aerial images for crops, increasing crop productivity through deep-learning technology, and government support for the adoption of modern agricultural techniques. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=159957009 By application, drone analytics segment projected to register highest CAGR during forecast period The market for drone analytics is expected to grow at the highest rate due to its extensive use for diagnosing and mapping to evaluate crop he

Home Automation System Market Growth, Analysis, Latest Trends and Forecast till 2025

The report " Home Automation System Market with COVID-19 Impact Analysis, By Management, Product (Lighting Control, Security & Access Control, HVAC Control, Entertainment & Other Controls), Software & Algorithm, and Region - Global Forecast to 2025" , is projected to grow from USD 40.8 billion in 2020 to USD 63.2 billion by 2025; it is expected to grow at a CAGR of 9.1% during the forecast period. Owing to COVID-19, the home automation system market is estimated to face headwinds for 2019–2020. As millennials account for the majority of new home buyers, growing homeownership is one of the major factors driving the adoption of home automation systems. Insurance companies offering attractive discounts to house owners having inbuilt access control and security systems is expected to help consumers to save on house insurance premiums and cover the cost of adopting home security systems for residential applications. The development and implementation of IoT technology

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