Medical Alert Systems Market – It’s Opportunities & Challenges
The
medical alert systems market is estimated to be worth USD 6.5 billion in 2020
and is projected to reach USD 9.6 billion by 2025, at a CAGR of 7.9% from 2020
to 2025.
The
global medical
alert systems market exhibits a lucrative growth potential for the
next several years. The major factors driving the growth of the medical alert
systems market are rising elderly population, inclination of senior...
Interactive Kiosk: An Innovative Framework for Enhanced Customer Experience
The
rising demand for automation products is propelling the growth of interactive
kiosks that provide audiences with engaging digital content and information
through a user-friendly interface. Kiosks offer businesses innovative ways to
interact with customers, reach target audiences efficiently, and flourish in a competitive
environment. Hence, it is no surprise that interactive kiosks are
mushrooming...
Inductor Market Opportunities and Challenges
The report “Inductor Market
by Inductance (Fixed, Variable), Type (Wire wound, Multilayered,
Molded, Film), Core Type (Air, Ferrite, Iron), Shield Type (Shielded,
Unshielded), Mounting Technique, Vertical, Application, Geography –
Global Forecast 2025″,is estimated to grow from USD 3.8 billion
in 2020 to USD 4.7 billion by 2025; at a CAGR of 4.2%. Major driving
factors of the inductor...
Major Trends in Plant Asset Management Market
The plant
asset management (PAM) market size is estimated to
grow from USD 5.5 billion in 2019 to USD 9.4 billion by 2024, at a CAGR of 11.3%.
Plant asset management (PAM) includes asset identification, monitoring,
refurbishing, and replacement.
The plant asset management plan includes the utilization of different
measurement technologies to protect and predict the health of plant assets. It
provides...
EMC Testing Market to Grow at Highest CAGR in from 2019 to 2024
According to
the new market research report “EMC Testing Market by Offering (Hardware & Software and
services), End-Use Application (Consumer Appliances & Electronics,
Automotive, Military & Aerospace, IT & Telecommunications, Medical,
Industrial), and Geography – Global Forecast 2024″, the
EMC market is growing at a CAGR of 5.4%, from USD 2.1 billion in 2019 to USD
2.8...
Attractive Opportunities in Semiconductor Manufacturing Equipment Market
The semiconductor
manufacturing equipment market is projected to grow from USD 66.1
billion in 2020 to USD 103.5 billion by 2025; it is expected to grow at a CAGR
of 9.4% from 2020 to 2025. Key factors fueling the growth of this market
include the growing consumer electronics
market, an increase in the number of
foundries, and the trend of
miniaturization and technology migration.
Semiconductor...
Waterjet Cutting Machine Market is expected to grow at the Highest CAGR during 2018–2023
The market for robotic waterjet cutting machines is expected to
grow at the highest CAGR in the next 5
years. The increasing demand for robotics in the transportation, automotive,
aerospace, and construction industries boost the market for robotic waterjet
cutting machines.
The waterjet
cutting machine market is
expected to grow from USD 921.7 million in 2018 to USD 1,248.0 million by 2023,
at...
Public Safety LTE Market is projected to grow at the highest CAGR from 2019 to 2024
Reliable
and dependable communication is vital for the first responders as they must be
connected to control centers as well as to each other. The changing
requirements of public safety communication are leading to the adoption of LTE
technology by public safety agencies globally. The demand for broadband
networks is increasing worldwide to carry out unmanned operations and remote
surveillance activities...
Key Market Players in Functional Safety: Schneider (France) and ABB (Switzerland)
Functional
safety covers the implementation of safety instrumented systems and related
services to mitigate risks associated with a process in which components such
as sensors, logic controls, and acting elements are
used. Implementing functional safety ensures that safety critical control and protective systems
are appropriately specified, designed, installed, and maintained. Safety
devices such...
Rising demand for smart clothes to boost the market growth by 2019-2024
Smart clothing monitors
the wearer’s physical condition. Smart shirts bodysuits, pants, and
undergarments are some of the products that provide biometric data, such as
pulse rate, temperature, muscle stretch, heart rhythm, and physical movement;
this data is transmitted via Bluetooth to an app in real-time. The integrated
technology monitors the material conditions of the user and uses big data
analytics...