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Showing posts from June, 2022

The Future of The 5G Enterprise Market Growth, And Research Report Breakdown

The report " 5G Enterprise Market by Network Type (Hybrid Network, Private Network), Operator Model, Infrastructure, Spectrum, Frequency Band, Organization Size, Application, Vertical, Region - Global Forecast to 2027" , 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 org

The Future of the Smart Agriculture Market Growth, And Research Report Breakdown

The smart agriculture market is expected to grow from USD 12.9 billion in 2021 to USD 20.8 billion by 2026; it is expected to grow at a CAGR of 10.1% during the forecast period. The smart agriculture market has been witnessing significant growth over the past years, mainly owing to the advancement in technologies implementation like artificial intelligence and the internet of things in smart agriculture products and hence the market is expected to grow in the coming years. The market for automation and control systems is projected to grow at a higher CAGR during the forecast period. Automation and control systems are the core components of precision farming equipment. Increasing adoption of automation and control systems, such as GPS/GNSS receivers, irrigation controllers, and guidance and steering systems, has created a new approach to farming practices, which is boosting the market growth. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=239736790

The Future of the Robotic Welding Market Growth, And Research Report Breakdown

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 Future of the Broadcast Equipment Market Growth, And Research Report Breakdown

  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. Heightened demand for encoders to support multiple formats is propelling the demand for broadcast equipment worldwide. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=111738599 The digital broadcasting segment accounted for the larger share of the broadcast equipment market in 2021. The segment is also expected to grow at a higher CAGR during the forecast period. The market is driven by continuous developments in signal broadcasting over the years across the world and increasing focus of television and radio broadcast companies on digital broadcasting over analog broadcasting. Also, digital broadcasting technology has transitioned from digital video broadcasting-T (DVB-T) + multimedia content description standard 2 (MPEG2) to DBV-T2 + MPEG7. The sec

The Future of the Hydraulics Market Growth, and Research Report Breakdown

The global hydraulics market size is expected to grow from USD 41.2 billion in 2022 to USD 49.7 billion by 2027, at a CAGR of 3.8%. The growth of the hydraulics market can be attributed to the rapidly increasing demand for construction and material handling equipment owing to several infrastructural development projects worldwide. Moreover, increasing demand for modern machinery in agriculture and growing potential of shipbuilding industry are further promoting the growth of hydraulics market. However, high maintenance and manufacturing costs, increased concerns regarding oil leaks, and availability of substitute products are some of the key challenges and restraints for the hydraulics market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=209607944 The hydraulics market is witnessing steady growth owing to several factors. Modern farming machines play a critical role in improving production efficiency. The growing use of these machines in the agri

Vertical Farming Market Projected to reach $9.7 billion by 2026

According to the new market research report " Vertical Farming Market with COVID-19 Impact Analysis by Growth Mechanism (Hydroponics, Aeroponics, Aquaponics), Structure (Building-based vertical farm and Shipping container-based vertical farm), Crop Type, Offering, & Region - Global Forecast to 2026" , 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. Advancement in LED technology, the ability to facilitate year-round crop production irrespective of weather conditions, and minimum requirement of resources such as land, water, and labor to carry out farming are the major factors driving the growth of the vertical farming market. The growth opportunities for the market players include cannabis cultivation through vertical farming and potential market opportunities in Asia Pacific and the Middle East. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?

The Future of the RFID Market Growth, And Research Report Breakdown

The RFID market is projected to reach USD 35.6 billion by 2030 from USD 14.5 billion in 2022; it is expected to grow at a CAGR of 11.9% from 2022 to 2030.RFID technology uses radio waves to identify/detect people or objects. RFID tags are small electronic devices that send/receive data to/from RFID readers. RFID tags can be incorporated into products, animals, or humans for identification and data collection. The evolution of RFID technology started during World War II, when the German, Japanese, American, and British army’s used radar to signal the ground staff about approaching enemy planes. With continuous developments, RFID technology has come a long way to be commercially used in aerospace, logistics, sports, and other industries. It is widely used in inventory or asset tracking to reduce the labor costs incurred due to manual asset management. With Walmart adopting RFID, the technology entered and witnessed widespread adoption in the retail industry. The adoption expanded to t

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

The global millimeter wave technology market 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%. Increase in broadband and mobile speeds, rise in use of millimeter wave in small-cell backhaul networks, and substantial demand in the use of millimeter wave technology in security and radar applications are among the factors driving 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 components include oscillator source devices that generate 30 GHz to 300 GHz signals. The efficiency of signals generated fr

Automated Container Terminal Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

According to the new market research report " Automated Container Terminal Market by Degree of Automation (Semi-Automated and Fully Automated), Project Type (Brownfield and Greenfield), Offering (Equipment, Software, and Services), and Geography - Global Forecast to 2023" , the automated container terminal market is expected to grow from USD 9.09 Billion in 2018 to reach USD 10.89 Billion by 2023, at a CAGR of 3.7% during the forecast period. The growth of this market is attributed to the growing demand for large container ships, increasing labor cost in developed nations, and growing competition among container terminals. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=109170291 Ship-to-shore (STS) cranes are the largest cranes used in the marine and shipping industries. These cranes are mainly designed and constructed for loading and unloading of the containers from a container vessel. The demand for larger containers is increasing sign

The Silicon Photomultiplier Market Growth, and Research Report Breakdown

The silicon photomultiplier market is expected to grow from USD 120 million in 2021 to USD 173 million by 2026, at a CAGR of 7.6%. Increasing demand for silicon photomultipliers in medical imaging and growing use of SiPMs in LiDAR and 3D mapping technology —are the key factors driving the silicon photomultiplier market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=51945586 Based on the offering, the silicon photomultiplier market has been divided into Near ultraviolet (NUV) silicon photomultipliers, and Red, green blue (RGB) silicon photomultipliers. the RGB silicon photomultiplier segment held the highest share in 2020. Factors responsible for the growth of the RGB silicon photomultiplier segment include applications such as high energy physics and radiation detection and monitoring. Installation of radiation detection infrastructure across country borders by NATO allied nations is responsible for increasing demand for RGB silicon photomultiplie

The Future of the Testing, Inspection and Certification Market Growth, and Research Report Breakdown

The testing, inspection, and certification market is projected to reach USD 268.9 billion by 2027 from USD 221.4 billion in 2022; it is expected to grow at a CAGR of 4.0% from 2022 to 2027. The growth of the testing, inspection, and certification market in APAC is mainly driven by the increasing adoption of latest technologies in the region and increasing business in construction, electronics and textile industries. Moreover, Huge capacity to manufacture medical devices, electronics, and consumer goods and high dependence of many European and North American countries on Asia Pacific for goods also drive the growth of the testing, inspection, and certification market in APAC. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=5352498 The North American market also has increasing adoption of testing, inspection, and certification market due to Growing number of manufacturing plants and R&D centers, as well as stringent regulations, for aerospace comp

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

Wireless testing market size is valued at USD 13.5 billion in 2022 and is anticipated to USD 23.7 billion by 2027; growing at a CAGR of 11.9% from 2022 to 2027. Increase in demand for smart homes, smart cities and self-driving cars acts as a global opportunity to boost the market during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=128820153 Wireless testing market based on connectivity technology has been segmented into wireless network testing technologies and wireless device testing technologies. The wireless network testing technologies segment has been classified into Bluetooth/Bluetooth smart/ BLE/ WLAN, wi-fi, GPS/GNSS module, 2G/3G/5G and others; wireless network testing technologies segment into 2G/3G, 4G/LTE and 5G. The wireless network testing segment is estimated to account for the largest share of the wireless testing market during the forecast period. The rising deployment of the 5G network globally is expected t

The Future of the Space Mining Market Growth, And Research Report Breakdown

  The space mining market was valued at USD 0.49 billion in 2017 and is expected to reach USD 2.84 billion by 2025, at a CAGR of 23.6% during the forecast period. The base year considered for the study is 2017, and the forecast period considered is from 2018 to 2025. The objective of the report is to provide a detailed analysis of the market based on phase, type of asteroid, and region. The report also includes qualitative information on different types of commodity resources available in space, categorization of asteroids based on their distance from earth, applications of space mining, and space and on-earth utilization of space-mined materials. The report forecasts the market, in terms of value, for various segments with regard to geographies, namely, the US, Europe, and Japan. It strategically profiles the key players and comprehensively analyzes their ranking and core competencies in the market, along with detailing the competitive landscape for these market leaders. Download PD