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Showing posts from September, 2023

Sowing the Seeds of Success: Exploring the Farm Management Software Market

The agricultural industry is undergoing a major shift in the digital age, driven by innovation and technology. This transformation is being led by Farm Management Software, commonly known as Agricultural Software or AgTech. These cutting-edge software tools enable farmers and agricultural businesses to optimise operations, boost production, and make data-driven choices. According to MarketsandMarkets' comprehensive market research analysis, the global Farm Management Software market is expanding rapidly. In this blog article, we will look at the causes fueling this expansion, as well as the significance of Farm Management Software and its revolutionary impact on agriculture globally. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=217016636 Farm Management Software refers to a collection of digital tools and platforms meant to help farmers and agricultural businesses manage their operations more efficiently. Farmers can use these software solutio

Machine Health Monitoring: Pioneering Predictive Maintenance for the Future

In today's increasingly networked and digitised world, good machinery and equipment management is critical. Machine Health Monitoring, also known as Condition-Based Monitoring (CBM), has emerged as a game-changing technology that enables businesses to predict and prevent equipment failures, optimise maintenance operations, and decrease downtime. It represents a significant movement away from reactive maintenance and towards proactive and predictive techniques. According to MarketsandMarkets' comprehensive market research analysis, the worldwide Machine Health Monitoring market is positioned for significant growth. In this blog article, we will look at the causes fueling this rise, as well as the significance of Machine Health Monitoring and its game-changing benefits for industries around the world. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=29627363 The goal of Machine Health Monitoring is to get real-time insights on the status of mach

Next-Generation Solar Cell Market Projected to reach $7.4 billion by 2028

The next-generation solar cell market is valued at USD 3.0 billion in 2023 and is projected to reach USD 7.4 billion by 2028, growing at a CAGR of 19.5% during the forecast period from 2023 to 2028. The major driving factors are technological advancement in next-generation solar cells, government initiatives in solar PV projects, and increasing demand for solar cells in the residential and commercial sectors. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=94742566 Cadmium telluride (CdTe) material is expected to account for the largest market share during the forecast period. Cadmium telluride (CdTe) material-based solar cells are expected to have the largest market size during the forecast period. CdTe solar cell material is frequently in the utility-scale solar industry, including large-scale solar power plants that are designed to feed electricity into the grid. CdTe solar cells have high efficiency and cost-effectiveness. The market for other

Test and Measurement Equipment Market Projected to reach $42.9 billion by 2028

The Test and measurement equipment market is expected to reach USD 42.9 billion by 2028 from USD 34.3 billion in 2023, at a CAGR of 4.6% during the 2023–2028 period. The major factors driving the market growth of the test and measurement equipment market include growing adoption of electronic devices, surging deployment of advanced networking and communication technologies, rising demand of high-performance and power-efficient electronic devices, etc. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116452716 Calibration services sub-segment in service type segment is expected to hold the highest market share of the test and measurement equipment market during the forecast period. Periodic calibration and servicing are required to maintain the high standards of test instruments. Calibration helps increase the life of the equipment as the process compares the actual performance with the standard performance. Any deviations in the actual performance a

Silicon Photomultiplier Market Projected to reach $173 million by 2026

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 Digital silicon photomultiplier segment to grow with the highest CAGR during the forecast period Digital silicon photomultipliers are not easily available commercially. They are suited to niche applications, such as fluorescence lifetime imaging, nuclear physics, and 4D mapping, where there is less margin for crosstalk. Digital photomultipliers are also used for diffuse optical imaging (DOI) applications instead of conventional photomultiplier tubes and avalanche photodiodes. Since DOI applications require low-level light, DOI systems need high dynamic range (DR) image sensors

Seeing is Believing: The Rise of Volumetric Video in the Digital World

The digital landscape is always changing, and one of the most fascinating recent advancements has been the rise of volumetric video technology. Volumetric video has the potential to change the way we capture, share, and consume visual material in ways that were previously only imagined in science fiction. This game-changing technology has the potential to disrupt a wide range of industries, from entertainment and gaming to education and healthcare. In this blog article, we will delve into the fascinating realm of volumetric video, learning what it is, how it works, and how it is changing the game. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=259585041 Volumetric video, often known as "3D video" or "holographic video," is an innovative technique that captures three-dimensional (3D) representations of objects, scenes, or people. Volumetric video, as opposed to typical two-dimensional and flat video, records depth information, all

With 5.3% CAGR, Broadcast Equipment Market Growth to Surpass USD 6.7 billion

The global broadcast equipment market was valued at USD 5.2 billion in 2023 and is estimated to reach USD 6.7 billion by 2028, registering a CAGR of 5.3% during the forecast period. Heightened demand for encoder to support multiple formats, and technological advancements in broadcasting equipment are the major driving factors for the growth of the broadcast equipment market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=111738599 Based on type, the encoders are expected to dominate the broadcast equipment market from 2023 to 2028. The dominant position of the encoders segment can be attributed to the increasing prevalence of live broadcasting and remote production. As the demand for high-definition (HD) and ultra-high-definition (UHD) content continues to rise, encoders have become indispensable for delivering these superior viewing experiences. The adoption of advanced video codecs such as High-Efficiency Video Coding (HEVC) and H.264 has become w

Utility Locator Market Expected to reach $1,109 million by 2027

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. The growth of the market attributed to the concern for safety and protection of the underground utilities and benefits of utility locator over traditional technologies/ methods. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=181874750 Ground penetrating radar (GPR) technique to grow at a highest CAGR between 2022 and 2027. Using GPR utility locator one can locate metallic as well as non-metallic underground objects and utilities. GPR technique can locate subsurface structure in material like soil, rock, concrete, asphalt, wood and water. locate objects and subsurface structures in material like soil, rock, concrete, asphalt, wood and water. The GPR technique is used to locate buried pipes, tanks, manholes, cables, and other related buried objects. The GPR utility locator is expected

Farm Management Software Market Projected to reach $5.1 billion by 2028

The global farm management software market is estimated to grow from USD 3.0 billion in 2023 to USD 5.1 billion by 2028 at a CAGR of 11.1% during 2023–2028. The market growth for farm management software is driven with rising usage of on-cloud systems for farm management, increased usage of sky drones and remote sensing for real-time farm data management, increased food demand with continuously increasing population across the globe. Another key driving factors are the rising implementation of AI and IoT in agriculture. The increased use of skydrones, remote sensing, and big data analytics in digital agriculture has boosted the demand and growth of this market. Initiatives taken up by government support in order to encourage agricultural techniques, livestock monitoring, to boost up the farm efficiency is further propelling the growth of this market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=217016636 The production planning segment to hold the

Hardware in the Loop Market Projected to reach $1,291 million by 2027

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. 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.    Download PDF Brochure @   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=11343527 Growing demand in developing countries. Hardware in the loop testing has increased significantly in developing countries such as India, Brazil, Mexi

Next-Generation Memory Market Projected to reach $17.7 billion by 2028

The next-generation memory market is projected to grow from USD 6.2 billion in 2023 to reach USD 17.7 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 23.2% from 2023 to 2028. The growth of the next-generation memory market is driven by growing adoption of next-generation memory solutions in automotive sector to handle evolving data and computational needs, and suring adoption of next-generation memories in smartphones and smart wearables. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=632 By technology, the MRAM is projected to hold the largest share of the next-generation memory market during the forecast period. The magento-resistive random-access memory (MRAM) segment held the larger market share in 2022. MRAM technology uses magnetic states for storing the data bits. This memory is well commercialized among next-generation non-volatile memory technologies. MRAM is one of the top and preferred memory technol

Next-Generation Solar Cell Market Projected to reach $7.4 billion by 2028

The next-generation solar cell market is valued at USD 3.0 billion in 2023 and is projected to reach USD 7.4 billion by 2028, growing at a CAGR of 19.5% during the forecast period from 2023 to 2028. The major driving factors are technological advancement in next-generation solar cells, government initiatives in solar PV projects, and increasing demand for solar cells in the residential and commercial sectors. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=94742566 Cadmium telluride (CdTe) material is expected to account for the largest market share during the forecast period. Cadmium telluride (CdTe) material-based solar cells are expected to have the largest market size during the forecast period. CdTe solar cell material is frequently in the utility-scale solar industry, including large-scale solar power plants that are designed to feed electricity into the grid. CdTe solar cells have high efficiency and cost-effectiveness. The market for others

With 30.9% CAGR, Swarm Robotics Market Growth to Surpass USD 3.0 billion

The swarm robotics market is projected to grow from USD 0.8 billion in 2023 to USD 3.0 billion by 2028, registering a CAGR of 30.9% during the forecast period. The rising use of swarm robotics for parcel delivery through drones and the integration of swarm intelligence technology with connected cars drive the market for swarm robotics. Increasing the use of swarm robotics in warehouses will also boost market growth in the coming years. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=208095486 The growing penetration of connected cars in the swarm robotics market is expected to positively impact the market. Connected cars are equipped with sensors and communication technologies that allow them to interact with each other and with the environment. This makes them ideal platforms for swarm robotics applications. Connected cars enable the driver to connect with online platforms and facilitate real-time communication. The growth of this market is driven b

Machine Condition Monitoring Market Expected to reach $4.0 billion by 2027

The global machine condition monitoring market size is expected to grow from USD 2.8 billion in 2022 to USD 4.0 billion by 2027, at a CAGR of 7.8%. The use of wireless communication technology-integrated machine condition monitoring systems and the inclination of manufacturing companies toward predictive maintenance techniques are the key factors boosting the growth of the market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=29627363 Hardware segment accounted for larger share of the machine condition monitoring market in 2021. Hardware offerings held a larger share of the machine condition monitoring market in 2021. Hardware components used in machine condition monitoring systems include vibration sensors, vibration analyzers, infrared sensors, spectrometers, ultrasound detectors, spectrum analyzers, corrosion probes, etc. The data collected by these components is further analyzed with the help of software solutions, thereby enabling manufactur

Shaping the Future of Welding: Exploring the Robotic Welding Market

The Robotic Welding market is transforming the welding and manufacturing industries by combining the precision and efficiency of robots with the art of welding. Robotic welding systems have emerged as revolutionary instruments in the manufacturing process as industries throughout the world seek to increase productivity, minimise errors, and improve efficiency. The rapid expansion of the Robotic Welding market demonstrates the increasing importance of automation and innovation in welding operations. According to MarketsandMarkets' comprehensive market research analysis, the worldwide Robotic Welding market is predicted to expand significantly in the following years. In this blog post, we will look at the drivers driving this market's growth, how robotic welding is transforming sectors, and the benefits of adopting this technology. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248099543 The unprecedented precision and consistency of the Robot

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

The global industrial refrigeration system market is estimated to grow from USD 19.4 billion in 2021 to USD 25.1 billion by 2026 at a CAGR of 5.3% during 2021–2026. The growth of the industrial refrigeration system market is driven by factors such as the rising demand for innovative and compact refrigeration systems; increasing government support to strengthen cold chain infrastructure in developing countries, and growing inclination toward eco-friendly refrigerant-based refrigeration systems due to stringent regulatory policies. Industrial refrigeration systems are used to cool, freeze, and maintain appropriate temperature levels across warehouses or storage facilities, food processing units, chemical and pharmaceutical industries, and logistics and other distribution area applications. These systems are made of various components, including compressors; condensers; evaporators; controls; and vessels, pumps, valves, and auxiliary equipment. Download PDF Brochure @ https://www.market

Smart Thermostat Market to Witness the Highest Growth in APAC Region

T he smart thermostat market size is expected to grow from USD 2.5 billion in 2021 to USD 6.4 billion by 2026; it is expected to grow at a CAGR of 20.8% from 2021 to 2026. The key factors driving the growth of the market increasing adoption of smart homes attributed to COVID-19 situation, emergence of IoT-enabled HVAC systems, government regulations pertaining to increase energy efficiency of buildings, and surging adoption of smart home voice assistants. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=266618794 “Product-wise, connected smart thermostat segment held the largest market size of overall smart thermostat market in 2020“ The connected smart thermostat segment held the largest share of the global smart thermostat market in 2020. The growth of the connected smart thermostat segment is majorly driven by the increasing demand for energy-efficient devices and the expansion of the smart home market. The growing smart home market in APAC is ex