Semiconductor and Electronics

The global medical device testing market is expected to grow from USD 9.3 billion in 2020 to USD 11.8 billion by 2025, at a CAGR of 4.8% during the forecast period. The harmonization of standards, growing consumption of medical devices in emerging countries, increasing need of validation and verification for medical devices, the imposition of rigorous government regulations, the growing trend of outsourcing medical device testing services and standards across medical devices are a few of the driving factors for the medical device testing market.   The COVI D-19 outbreak in 2019 further accentuated the development of advanced low-cost medical devices. These devices need to comply with stringent regulations regarding medical devices, hence, manufacturers are investing heavily in testing their devices . Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=254474064 Testing Services, by service type held the largest share in the global medical device tes...

The global control valve market size was valued at USD 5.5 billion in 2020 and is projected to reach USD 10.6 billion by 2025. It is expected to grow at a CAGR of 14.2% during the forecast period. Major factors driving the growth of the control valve industry are increasing demand for valves from healthcare and pharmaceuticals industries due to outbreak of COVID-19 pandemic, rising demand for energy in APAC, growing need for connected networks to maintain and monitor industrial equipment, and surging focus on establishing new nuclear power plants and upscaling of existing ones. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=111759647 Actuators are expected to account for the largest share o f the control valve market, by component, by 2025. This can be attributed to the increasing use of actuators in the oil & gas, energy & power, metals & mining industries; actuators are installed in industrial locations that are not easily accessibl...

One of the major factors driving the growth of this market is pressure on global food supply due to growing world population. 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. Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=23709764 “Agriculture drones market for hardware to hold larger share during forecast period” senseFly (Switzerland) offers Sequoia, a multispectral sensor for agriculture drones that captures images across 4 defined, visible, and non-visible spectral bands; and plus RGB imagery in a single flight. PrecisionHawk (US), a leading market player, offers Lancaster, a fixed wing UAV with an IR camera system. FLIR Vue, a thermal camera offered by FLIR Systems (US), can be used as a payload in any agriculture drone for precision agriculture applications Key Market Players DJI (China), PrecisionHawk (US), Trimble Inc. (US), Parrot (France), 3DR...

Testing, inspection, and certification (TIC) enhance manufacturing productivity, help manufactures to conform their products with global standards, and improve product quality. TIC includes testing the product against quality, reliability, and performance standards.  The Europe TIC market is expected to grow from USD 50.1 billion in 2020 to USD 60.4 billion by 2025, at a CAGR of 3.8%. A few key factors driving the market growth are the surge in global counterfeiting, the inclination toward outsourcing TIC services and developments in networking an communication technologies. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=106364638 Major players in the Europe TIC market have primarily adopted strategies such as mergers, acquisitions, service launches, and service developments to strengthen their position in the market. SGS (Switzerland) acquired Inter-Basic Resources, Inc. (IBR) based in the US and the UK. IBR is a leading provider ...

Increasing adoption of smart homes attributed to situation, emergence of IoT-enabled HVAC systems, government regulations pertaining to increase energy efficiency of buildings, and surging adoption of smart home voice assistants are among the factors driving the growth of the smart thermostat market. Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=266618794 Key Market Players Major players involved in the smart thermostat market include Alphabet (Google Nest) (US), Emerson Electric (US), Honeywell International (US), Lennox International (US), ecobee (Canada), Carrier Corporation (US), Johnson Controls (Lux Products) (Ireland), Legrand (Netatmo)  (France), Resideo Technologies (US), Siemens (Germany), Trane Technologies (Ireland), Control4 Corporation (US), Nortek Control (US), tado (Germany). “Product-wise, connected smart thermostat segment held the largest market size of overall smart thermostat market in 2020“ The connected smart thermosta...

The smart agriculture market is expected to grow from USD 12.9billion in 2021 to USD 20.8 billion by 2026; it is expected to grow at a CAGR of10.1% 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. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=239736790 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. ...

The global industrial refrigeration 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 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. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=245749288 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, pum...