Robot End-Effector Market for Several Industries to Grow At a Significant CAGR during 2019–2024
The robot
end-effector market is expected to grow from USD 2.6 billion in 2019 to
USD 5.7 billion by 2024, at a CAGR of 16.9% during the forecast period. The increase
in the adoption of modular end-effectors is one of the key factors driving the
growth of the robot end-effector market. Apart from this, growing awareness
about benefits and features of collaborative robots (cobots) is also a key
factor...
Future Growth for Global Process Automation and Instrumentation Market
The process automation and instrumentation market is expected to be valued at USD 71.4 billion in 2019 and is projected to reach USD 95.5 billion by 2024, at a CAGR of 6.0%. The rapid increase in the use of automated solutions to handle and control all processes, consequently result in the adoption of process automation and instrumentation solutions. Demand for process automation solutions in various...
What are opportunities in Assistive Robotics System Provider
The assistive robotics market is expected to grow from USD 4.1 billion in 2019 to USD 11.2 billion by 2024, at a CAGR of 22.3% during the forecast period. The increasing prevalence of strokes and spinal cord injuries is one of the key factors driving the growth of the assistive robotics market. Apart from this, rising insurance coverage for medical exoskeletons and robotic surgeries is also a key...
Which are the major verticals in logic analyzer market?
Logic Analyzer Market by Type (Modular Logic Analyzers, PC-Based Logic Analyzers), Channel Count (2-32, 32-80, >80), Vertical (Electronics & Semiconductor, Automotive & Transportation, Aerospace & Defense), and Geography – Global Forecast to 2024
The logic analyzer market is projected to reach USD 387 million by 2024. Continuous R&D in the electronics industry has...
Cleanroom Lighting Market Size – Technological Advancement and Growth Analysis with Forecast to 2024
The cleanroom
lighting market is projected to reach USD 978 million by 2024
from USD 742 million in 2019, at a CAGR of 5.7%. Rising demand for sterile manufacturing areas in the pharmaceutical
industry and advancements in medical devices to support the growth of cleanroom
lighting are the key factors driving the growth of the market.
Furthermore, underlying opportunities for the cleanroom lighting...
What are the new emerging use cases of smart displays in different industries?
Smart Display Market by Smart Home Display
(Voice-Controlled, Appliance), Smart Display Mirror (Automotive-Rearview
& Side-View, Retail, Home), Smart Signage (Retail &
Hospitality, Sports & Entertainment), Components, and Geography –
Global Forecast to 2025
The global smart display market is expected to grow from USD 861 million in 2018 to USD 6,665 million by 2025, at a...
Nanomedicine Application to Hold Largest Share of Nanorobotics Market by 2023
The nanorobotics market
for magnetically guided type is expected to grow at the highest CAGR during the
forecast period. By type, the nanorobotics market has been segmented into nanomanipulator, bio-nanorobotics,
magnetically guided, and bacteria-based. This is attributed to the ease of use
of magnetically guided nanorobotics systems as compared with other nanorobotic
types. The market for nanomanipulator...
What are the major strategies adopted by the key players to sustain in the environmental test chambers market?
Environmental Test Chambers Market by Type
(Temperature and Humidity Chambers, Customized Chambers, Thermal Shock
Chambers), Industry (Aerospace and Defense, Automotive,
Telecommunications and Electronics), and Geography – Global Forecast to
2024
An environmental chamber, also known as a climatic or climate chamber, is an enclosure used to test the effects of specified environmental...
Solar Lighting System Market worth $10.8 billion by 2024 growing with a CAGR of 15.6%
The solar lighting system market is projected to
reach USD 10.8 billion by 2024 from USD 5.2 billion in 2019, at a CAGR
of 15.6%. Major drivers for the growth of the market are growing need
for energy-efficient solar lighting systems for highways, increasing use
of renewable energy for lighting, rising penetration and declining cost
of LEDs, and growing demand from developing and emerging countries....