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Showing posts from February, 2022

Handheld Chemical and Metal Detector Market Growing at the Fastest Rate in North America Region

The global handheld chemical and metal detector market is projected to reach USD 4.1 billion by 2027 from an estimated USD 2.3 billion in 2022, at a CAGR of 12.4% from 2022 to 2027. Increasing threat of chemical and explosives terrorism is among the major factors driving the growth of the market. Based on technology, Raman spectroscopy accounted for the largest market share, and a similar trend is projected to be observed during the forecast period. Raman spectroscopy is a well-established technique widely used in the pharmaceuticals, chemicals, and safety & security industries. Raman spectroscopy technology-based handheld detectors can identify the presence of hazardous chemicals, narcotics, and explosives at a faster rate, helping first responders to prevent potentially hazardous situations rapidly and safely. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=219826294 In 2021, the chemical detection application accounted for the largest size

Broadcast Equipment Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

According to a research report  " Broadcast Equipment Market  with COVID-19 Impact Analysis by Technology (Analog Broadcasting, Digital Broadcasting), Product Type (Dish Antennas, Switches, Encoders, Video Servers), Application (Radio, Television) and Geography - Global Forecast to 2027"  published by MarketsandMarkets, the global broadcast equipment market was valued at USD 4.6 billion in 2021 and is projected to reach USD 6.3 billion by 2027; it is anticipated to register a CAGR of 4.9% during the forecast period Transition from analog to digital broadcasting is propelling the demand for broadcast equipment worldwide. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=111738599 By technology, the digital broadcasting segment is projected to hold a higher CAGR of broadcast equipment market during the forecast period The digital broadcasting segment is expected to grow at a higher CAGR during the forecast period of the broadcast equipment

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 Engine

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

The report " Metamaterial Market by Material Type (Electromagnetic, Terahertz, Photonic, Tunable, FSS, and others), Application (Communication Antenna, Windscreen, Solar Panel, sensors, Display, and Medical Imaging), Vertical and Geography - Global Forecast to 2026" , The metamaterial market was valued at USD 305 million in 2021 and is projected to reach USD 1,457 million by 2026. It is expected to grow at a CAGR of 36.7% during the forecast period. The variety in design functionalities, anti-laser coating application, and developments in radar and LiDAR for autonomous vehicles. The use of metamaterials in solar power systems, metamaterial-based radar for drones, and advancements in 5G are the key factors driving the growth of metamaterial market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=139795737 Communication antenna and radar (beam Steering) to account for the largest share of the metamaterial market The communication antenna

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 Based on offering, hardware is expected to account for the major share of the microgrid controller market during the forecast period. Microgrid controllers consist of hardware, software, and services. Hardware includes generation optimizers, local controllers, supervisory controllers, com

Photovoltaic Market Growth, Analysis, Latest Trends and Forecast till 2025

The report " Photovoltaic Market with COVID-19 Impact, by Component (Modules, Inverters), Material (Silicon, Compounds), Installation Type (Ground Mounted, BIPV), Application (Residential, Commercial & Industrial, Utilities) and Region - Global Forecast to 2025" , size is expected to grow from USD 76.6 billion in 2020 to USD 113.1 billion by 2025, at a CAGR of 8.1%. The supportive government policies and initiatives are expected to fuel the demand for photovoltaic systems. The growing demand for PV system for residential applications is expected to play a vital role in the growth of the photovoltaic industry. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=428 The market is expected to decline in 2020, mainly due to the impact of COVID-19. The photovoltaic supply chain was disrupted in March and April 2020 due to the lockdown imposed by various governments and labor shortages in the PV industry due to travel restrictions, which would a

Eye Tracking Market Growth, Analysis, Latest Trends and Forecast till 2025

The global Eye Tracking Market size is expected to reach USD 1,098 million by 2025 from USD 368 million in 2020, at a CAGR of 24.5% during the forecast period. 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?id=144268378 Impact of COVID-19 on Eye Tracking Market: The world is facing an economic crisis caused by COVID-19 pandemic. The pandemic like various other markets has also led to a decline in the growth rate of the eye-tracking market. The major demand generators in the eye-tracking market— v

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 2026APAChas the largest market share for testing, inspection and certificationand alsohas 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. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=5352498 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

Millimeter Wave Technology Market Growth, Analysis, Latest Trends and Forecast till 2026

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

Space Mining Market Growth, Analysis, Latest Trends and Forecast till 2025

According to the market research report " Space Mining Market by Phase (Spacecraft Design, Launch, and Operation), Type of Asteroid (C-Type, M-Type, S-Type), Application (Construction, Fuel, and Others), Asteroid Distance, Commodity Resources, and Geography - Global Forecast to 2025" , the space mining market, the overall market is estimated to grow from USD 0.65 billion in 2018 to USD 2.84 billion by 2025, at a CAGR of 23.6%. Ongoing and impending space mining missions, increasing investments by private stakeholders in space mining companies, and growing number of government initiatives to frame regulations with respect to asteroid mining are the key factors driving the space mining market growth. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=129545886 The spacecraft design segment to dominate the space mining market, based on phase, during the forecast period A spacecraft is mainly used for various purposes, such as communications, e

Leak Detection Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

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

Fire Suppression Market Growing at the Fastest Rate in APAC Region

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

Handheld Chemical and Metal Detector Market Expected to reach $ 4.1 billion by 2027

According to the new research report " Handheld Chemical and Metal Detector Market with COVID-19 Impact Analysis by Technology (Raman Spectroscopy, Ion Mobility Spectrometry), Application (Chemical Detection, Explosive Detection), End User, and Geography - Global Forecast to 2027" the global handheld chemical and metal detector market is expected to reach USD 4.1 billion by 2027 from an estimated USD 2.3 billion in 2022, at a CAGR of 12.4% from 2022 to 2027. The growth of the handheld chemical and metal detector market can also be attributed to the growing number of terrorist and criminal attacks resulting from geopolitical unrest. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=219826294 The Raman spectroscopy technology is projected to grow at the highest CAGR during the forecast period Raman spectroscopy is a versatile, non-destructive technique that yields detailed information about the chemical structure. Raman technology-based han

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

The silicon photonics market is expected to grow from USD 1.1billion in 2021 to USD 4.6 billion by 2027; it is expected to grow at a CAGR of26.8% during the forecast period. The silicon photonics market has been witnessing significant growth over the past years, mainly owing to the increase in demand for high speed data transfer and increasing use of silicon photonic transceivers in data centers and high speed computing applications. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116 Transceivers is expected too grow with the highest CAGR in silicon photonics market during the forecast period. A transceiver is a combination of a transmitter and a receiver in a single platform. It is a bidirectional device used to transmit or receive data. This device is used primarily in cables or optical fiber systems. Multiple devices can be connected to the same bus, making them suitable for parallel backplane applications, such as telecommunication and industri

RFID Market Growth, Analysis, Latest Trends and Forecast till 2026

The global RFID market is estimated to be USD 10.7 billion in 2021 and projected to reach USD 17.4 billion by 2026; at a CAGR of 10.2%. The key drivers fueling the growth of this market include growing market competitiveness leading to availability of cost-effective RFID solutions, high returns on investment, and increasing regulations and government initiatives for various industries. Moreover, increasing installation of RFID systems in manufacturing units to improve productivity due to COVID-19 can play a key role in driving the growth of the RFID market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=446 COVID-19 Impact on the Global RFID Market The RFID market includes key companies such as Avery Dennison, Zebra Technologies, Honeywell, NXP Semiconductors, Impinj, HID Global, GAO RFID, Identiv, Invengo, and Nedap. These suppliers have their design and manufacturing facilities and corporate offices spread across various countries across Asia P

Home Automation System Market Growing at the Fastest Rate in APAC Region

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

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 Agriculture End User to grow at the fastest rate during the forecast period The agricultural sector is continuously developing and witnessing the integration of superior novel technologies that help to m

Agriculture Drones Market Growth, Analysis, Latest Trends and Forecast till 2025

The agriculture drones market is expected to grow from USD 1.2 billion in 2020 to USD 5.7 billion by 2025 at a CAGR of 35.9% from 2020 to 2025. A few key factors driving the growth of this market are pressure on global food supply due to growing world population and increase in venture funding for the development of agriculture drones. Impact of COVID-19 on agriculture drones market The emergence of the COVID-19 pandemic, a deadly respiratory disease that originated in China, has now become a worldwide issue and has also affected the agriculture drones market. Considering the inputs from various industry experts belonging to the various stages of the value chain, such as OEMs, suppliers, end users, and distributors, and the financial releases of various companies in the agricultural drones ecosystem for Q1, 2020, we estimate that the agriculture drones market might witness a decline during 2019–2020. Worldwide, COVID-19-responsive government measures have disrupted manufacturing a

Environmental Remediation Market Growth, Analysis, Latest Trends and Forecast till 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/pdfdownloadNew.asp?id=93290334 Covid-19 Impact in the environmental remediation market COVID-19 has turned into a global crisis, evolving at high speed and scale. No industry is immune to this crisis and environmental services and goods are no exception. Environmental service contra