Semiconductor and Electronics

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%. The market growth can be attributed to several factors, such as increasing demand for silicon photomultipliers in medical imaging and growing use of SiPMs in LiDAR and 3D mapping technology. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=51945586 Market for RGB silicon photomultiplier to account for the largest market share during the forecast period Around the world, nuclear power is being increasingly being used for purposes such as defense & homeland security as well as power generation. The US and most other developed nations are deploying radiation detection and monitoring infrastructure around their borders due to increasing threat from terrorist activities and the illicit nuclear arms race. The increase in demand for radiation detectors is expected to result in an equally huge demand for RGB silicon photomul...

Artificial Intelligence in Agriculture Market 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 technology, machine learning segment to lead AI in agriculture market during forecast period Machine learning-enabled solutions are being significantly adopted by agricultural organizations and farmers worldwide to enhance their farm productivity and gain a competitive edge in business operations. In the coming years, the application of machine learning in various agricultural practices is expected to rise exponentially. By offering, software segment...

The major drivers for the market’s growth are the rising demand from residential and municipal applications, increasing government mandates and regulations for pipeline assessment, growing demand for advanced inspection systems for underwater operations, and growing demand for sewer inspection. The introduction of magnetic crawlers will create growth opportunities for crawler camera system manufacturers. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=191720025 Based on component, hardware to hold largest share of crawler camera system market The hardware components in crawler camera systems carry out various functions such as drain inspection; pipeline inspection; and tank, void, and cavity/conduit inspection. This segment is further subsegmented into cameras, crawlers, cable drums, control units, and others. The growth of the hardware segment is driven by the increased investments in the modernization of infrastructure and the use of crawler came...

The satellite modem market is estimated to grow from USD 403 million in 2021 to reach USD 710 million by 2026; it is expected to grow at a CAGR of 12.0% from 2021 to 2026. A few key factors driving the growth of this market are rising need for enriched high-speed data communication, increase in the number of high-throughput satellites (HTS), and growing demand for satellite communication in internet of things (IoT). Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=261298987 Opportunity: Increasing launches of LEO satellites and constellations CubeSats and other small satellites are also gaining attention; many companies in this marketspace have proposed or are implementing plans to build satellite constellations. For example, Starlink had 356 satellites in orbit from 2019 to May 2020. As of August 2021, there were 1600 Starlink satellites in the orbit. SpaceX is also in the race to deploy small LEO satellites and has filed paperwork for up to 42,000...

The global fire protection system market size is anticipated to grow from USD 66.8 billion in 2022 to USD 92.1 billion by 2027, at a CAGR of 6.6% from 2022 to 2027. Construction industry’s growth is one of the key drivers for this market. Fire protection products can be categorized into fire detection, fire suppression, fire sprinkler, fire analysis, and fire response. These products collectively provide reliable fire prevention and protection. The growth of this market is driven by technological advancements and innovations in the global construction industry and a rise in the number of policies, regulations, and government mandates.  Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1018 By product, the fire suppression segment is expected to lead the market for fire protection systems during the forecast period. The growth of this market is propelled by technological advancements and innovations in the construction industry; a rise in the number...

Form Energy recently announced a USD 450 million Series E financing round, mainly led by TPG’s global impact investing platform, TPG Rise. GIC and Canada Pension Plan Investment Board (CPP Investments) have joined this round, in addition to existing investors ArcelorMittal, Breakthrough Energy Ventures (BEV), and Energy Impact Partners, among others. Renewable energy is unreliable, as solar and wind power can be affected by diverse weather conditions, leading to disruptions in supply. An interminable and cost-efficient storage system is required to ensure the transition toward renewable energy happens faster. Form Energy’s 100-hour iron-air battery can be deployed at utility scale and be used in power-grid infrastructure to serve as such energy storage system. The recent Series E funding expedites the company’s ability to set up a globally competitive battery manufacturing supply chain—with this round, Form Energy is one step closer to offering its technology and competing alongside ...

The dedicated outdoor air system (DOAS) market is expected to grow from USD 3.9 million in 2022 to USD 5.9 million by 2027, registering a CAGR of 8.8% during the forecast period. DOAS is witnessing rapid growth in the residential and commercial verticals due to the increasing development of real estate globally. This is one of the key factors expected to drive market growth during the forecast period. However, implementation of DOAS involves heavy customizations, making them complex equipment, which may pose a challenge to market growth. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1899977 DOAS units circulate fresh air into the building independent of heating or cooling efforts. Contrary to conventional heating and cooling systems, DOAS facilitates outdoor air conditioning before entering the comfort conditioning equipment. It does not control the temperature in the space, but provides clean, filtered, conditioned air to the space near room-neut...

Pressure Transmitter Market size is estimated to be USD 2.9 billion in 2022 and is projected to reach USD 3.5 billion by 2027, at a CAGR of 3.6%. Increasing production potential of process industries such as food & beverage and pharmaceutical to cater to rising consumption is driving the adoption of field instruments such as pressure transmitters and temperature sensors for increasing productivity. Additionally, need for real-time analysis of statistical inputs from different types of production processes to improve efficiency and productivity is promoting the growth of measurement and analytics instrumentation market such as of pressure transmitters and flowmeters. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=937 Differential pressure transmitters to hold the largest market share in 2021 Differential pressure transmitters are used at different stages of primary, secondary, tertiary, and biological wastewater treatment processes. They are de...

Wireless Testing Market size is projected to grow from USD 13.5 billion in 2022 to USD 23.7 billion by 2027; it is expected to grow at a CAGR of 11.9% from 2022 to 2027. The key factors contributing to the growth of wireless testing market include rising advancement in wireless technology and growing adoption of smart gadgets. However, lack of standardization in connectivity protocs is hindering the growth of wireless testing market. Long lead time required for the overseas qualification tests possesses a huge challenge to the industry. However, increasing demand for smart cities and smarthomes is the biggest opportunity in the market space with Asia Pacific having the highest market share and CAGR for the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=128820153 Ability of spectrum analyzers to connect to wireless devices and analyze electromagnetic signals to fuel market growth for wireless device testing market Spectrum analy...

The bus seat market is expected to grow from USD 12.5 billion in 2022 to USD 16.3 billion by 2027, at a CAGR of 5.6%. The market growth can be attributed to several factors, such as increasing demand for electric bus is rising demand for bus seats. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=266554775 Bus seats for school buses to grow with the highest CAGR during the forecast period School buses are widely used for the bus seat application. School buses are designed to transport children to the school and back to residence. Bus seats with proper child safety measure are growing in demand as school authorities and parents are working on improving child’s safety. Proper bus seats with seat belts are used avoid danger to children in an event of accident. Integrated child seats are growing in application for school buses where the seats can be adjusted to fit a young child travelling in the bus. Many developed countries like US, Canada, UK, German...

The volumetric video market is estimated to grow from USD 1.5 billion in 2021 to reach USD 4.9 billion by 2026; it is expected to grow at a CAGR of 26.9% from 2021 to 2026. A few key factors driving the growth of this market are surging demand for enhanced match viewing experience, increasing demand for 3D/360° content in entertainment sector, proliferation of content delivery devices driving demand for 3D content, growing demand for AR in retail and e-commerce sectors due to COVID-19, and rising investments in AR/VR ecosystem. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=259585041 Software is expected to hold the second largest share of the market during the forecast period. Software is expected to hold the second largest share of the market during the forecast period. Software are required for the capturing, modeling, composting, editing, compression, and playback of volumetric video. While capturing volumetric video, the StudioCap-VC software...

The milking robots market is estimated to be worth USD 2.4 billion in 2022 and is projected to reach USD 4.2 billion by 2027, at a CAGR of 11.7% during the forecast period. Benefits offered by automatic milking systems such as milking robots and reduced labor costs due to automation in dairy farms are some of the major factors driving the milking robots market growth globally. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=170643611 In recent years, there has been a growing trend of using add-on robotic solutions to help in automating the pre-milking and post-milking procedures in dairy farms. Companies such as miRobot (Israel) offer comprehensive add-on robotic solutions that can be integrated with existing milking systems in dairy farms. These solutions are highly compact, durable, and easy to operate. The add-on robotic solution offered by miRobot conducts pre-and post-milking procedures based on the requirement of the animal, ensuring improved m...

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/pdfdow...

 The purpose-built backup appliance market is likely to reach USD 8.6 billion by 2024 from USD 5.2 billion in 2019, at a CAGR of 10.6%. The growth of this market can be attributed to the increasing focus of companies on data protection and the recovery of data, stringent regulations for data protection and data security such as GDPR policy, and the rising market for IoT. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=65028258 “Hardware component to have higher market share than software component of the purpose-built backup appliance market” PBBA hardware is replaced or repaired when get damaged or needs replacement. The expansion of businesses results in the implementation of PBBA with increased capacity. For this purpose, enterprises have to buy a new purpose-built backup appliance. The cost of the PBBA is associated with the capacity of the appliance and features it offers in backing up and recovery. The higher cost associated with the hard...

The environmental remediation market is estimated to reach USD 163.4 billion by 2027, growing at a CAGR of 8.4% from 2022 to 2027. The rising demand for land redevelopment with the emergence regulatory framework is expected to fuel the market demand. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=93290334 The increasing population growth and industrialization across the world have contributed significantly toward the deterioration of groundwater, and soil quality over the decades, thus affecting biological life and the ecosystem. The rising population results in a corresponding increase in infrastructural developments, thereby generating demand for environmental services. Most developments are expected to occur in the Asia Pacific and Africa regions. Both the regions are also very prominent in mining activities which creates sizable market scope for remediation services. Developing countries are seeing a greater rise in industrialization than develo...

The hardware in the loop market is estimated to be valued at USD 817 million in 2022 and is projected to reach USD 1,291 million by 2027, growing at a CAGR of 9.6% from 2022 to 2027. The growth of this market can be attributed to the adoption in new application areas such as power electronics and industrial robotics, and technological advancements in electric and autonomous vehicles. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=11343527 The hardware in the loop market includes major Tier I and II players like dSPACE GmbH (Germany), NATIONAL INSTRUMENTS CORP. (US), Vector Informatic GmbH (Germany), Elektrobit (Germany), OPAL-RT Technologies (Canada) and others. These players have a strong market presence for hardware in the loop across various countries in North America, Europe, APAC, and RoW.     Growing demand in developing countries. Hardware in the loop testing has increased significantly in developing countries such as India,...

The global laser diode market size is expected to grow from USD 5.9 billion in 2022 to USD 10.9 billion by 2027, at a CAGR of 13.1% during the forecasted period. The major drivers for the growth of laser diode market include increasing investments in military & defense leading to high demand for laser technology and expanding fiber laser market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1006 The laser diode market dominated by the major Tier I suppliers like II-VI Incorporated (US), Lumentum Holding Inc. (US), ams-OSRAM AG (Austria), ROHM Co., Ltd. (Japan), Ushio, Inc. (US), and Hamamatsu Photonics K.K. (Japan). These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and Rest of the World. Gallium nitride (GaN) is expected to be emerged as the fastest growing doping material segment in laser diode market during the forecasted period The GaN segment is...

The fire protection system market was valued at USD 62.1 billion in 2021 and is expected to reach USD 84.6 billion by 2026; it is projected to grow at a CAGR of 6.4% from 2021 to 2026. The market growth is fueled by the development of the construction industry, an increase in the loss of human lives & property due to fire breakouts, stringent regulatory compliances, and a rise in the adoption of wireless technology in fire detection systems. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1018 Fire analysis market to exhibit high growth during the forecast period The market for fire analysis is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing need for sophisticated fire analysis, which helps in proper decision-making and fire prevention. This growth is driven by the increase in fire protection-related expenditure of various enterprises, rise in fire-related deaths, and governmenta...

The utility locator market is projected to grow from USD 833 million in 2022 to USD 1,109 million in 2027; it is expected to grow at a CAGR of 5.9% from 2022 to 2027. Increasing adaption of utility locator in water and sewage pipeline, oil & gas, telecommunication, transportation, electricity to overcome damages that incur high cost is driving the growth of the market.  Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=181874750 Artificial intelligence can be a ready solution to handle and process large amount of data in real-time and has demonstrated impactful effects in the utility locating market. AI provides the complete information about the condition of the infrastructure, power lines, and other utilities so that timely decisions can be taken by the decision makers. AI has enhanced the work of human being with its various tools and algorithms, and it will be the game changer in the utility locating market in the coming years. In Septembe...