Semiconductor and Electronics

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 global contraband detector market size is estimated to grow from USD 3.9 billion in 2021 to USD 5.6 billion by 2026, at a CAGR of 7.5%. The market declined in 2020, mainly due to the impact of COVID-19. The industrial supply chain was disrupted in 2020 due to the lockdown imposed by various governments and labor shortages in these industries due to travel restrictions, which would affect the contraband detector market. Though the market is expected to be impacted in 2020, it is expected to fully recover by 2021. The increasing security concerns due to rapid urbanization and the growing adoption of contraband detectors in transportation applications are expected to drive the contraband detector market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=181964391 Likewise, the use of contraband detectors in various applications and technological advancements in contraband detectors is expected to propel the demand for contraband detectors systems d...

The 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/p...

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...

The global industrial refrigeration system market is estimated to grow from USD 19.3 billion in 2019 to USD 24.8 billion by 2025, at a CAGR of 4.3 %. Rising demand for innovative and compact refrigeration systems is one of the key factors driving the growth of the industrial refrigeration system market. Also, increasing government support to strengthen the cold chain infrastructure in developing countries acts as a major driver for the growth of the industrial refrigeration system market. Further, the growing adoption of natural refrigerant-based systems due to stringent regulatory policies is expected to propel the demand for industrial refrigeration systems during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=245749288 Low-charge ammonia refrigeration systems and CO 2 cascade refrigeration systems are experiencing a surge in interest across a diverse number of cooling sectors. The environmental benefits of a natural refri...

The precision farming market is expected to grow from USD 7.0 billion in 2020 to USD 12.8 billion by 2025, at a CAGR of 12.7%. Major drivers for the precision farming market include the high demand for agricultural products due to population growth; increased adoption of VRT, remote sensing technology, and guidance technologies by worldwide farmers; and strong government support for promoting the use of precision farming techniques are the major factors fueling the growth of the precision farming market. Further, the changing weather patterns due to increasing global warming have impelled the adoption of advanced farming technologies to enhance farm productivity and crop yield. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1243 The precision farming market in APAC is expected to grow at the highest CAGR from 2020 to 2025. The increasing adoption of precision farming technologies such as guidance systems, remote sensing, and variable-rate technol...

The global smart thermostat market size is expected to reach USD 6.4 billion by 2026 from USD 2.5 billion in 2021, growing at a CAGR of 12.0%. The key factors driving the growth of the market include 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. However, high manufacturing and installation costs of smart thermostats, and concerns regarding data security are the factors restraining the growth of the smart thermostat market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=266618794 The smart thermostat market for learning smart thermostat is expected to grow at the highest CAGR during the forecast period. The learning smart thermostat is not required to be programmed on a regular basis like the connected thermostat. It is a premium device preferred by smart home...