Which sensor type is expected to penetrate significantly in the industrial sensors market?
Industrial Sensors Market by Sensor (Level
Sensor, Image Sensor, Gas Sensor, Pressure Sensor, Position Sensor,
Force Sensor, Flow Sensor, Temperature; and Humidity & Moisture
Sensors), Type, Application, and Geography – Global Forecast to 2023
The industrial sensors market is expected to be valued at USD 16.0 billion in 2018 and is likely to reach USD 21.6 billion by 2023, at a CAGR...
For blockchain IoT, North America is major contributor among all regions, thereby expecting to hold largest market size in next 5 years
The blockchain IoT market is projected to grow from USD 113.1 million in 2019 to USD 3,021 million by 2024; it is expected to grow at a CAGR of 92.92%.
North America is among the major contributors to the
blockchain IoT market, and the US accounted for the largest share of the
market in North America in 2018. The global blockchain IoT market is
dominated by North America as the region is an...
System Digital Twins to boost Digital Twin Market during Forecast Period 2019-2025
The digital twin market is estimated to grow from USD 3.8 billion in 2019 to USD 35.8 billion by 2025, at a CAGR of 37.8%. Declining time and cost of product development and unplanned downtime with the adoption of digital twins, increasing adoption of emerging technologies such as IoT and cloud, and growing use of digital twin for predictive maintenance are among the factors fuelling the growth of...
Geotechnical Instrumentation and Monitoring Market | key drivers, restraints, opportunities, and challenges
Geotechnical Instrumentation and Monitoring Market by Offering (Hardware & Software, and Services), Technology (Wired, Wireless), Structure (Tunnels & Bridges, Buildings & Utilities, Dams), Application, End User, and Geography – Global Forecast to 2024
The overall geotechnical instrumentation and monitoring market (GTIM) is expected to grow from USD 3.3 billion in 2019 to...
Lithium Ion Battery Market | Who are the key players and what are the strategies adopted by them?
Lithium Ion Battery Market by Type (Li-NMC, LFP, LCO, LTO, LMO, NCA), power Capacity (0 to 3000mAh, 3000mAh to 10000mAh, 10000mAh to 60000mAh), Industry (Consumer Electronics, Automotive, Medical, Industrial), and Region – Global Forecast to 2024
The growth of the lithium ion battery market is driven by the increase in demand for plug-in vehicles, growing need for automation and battery-operated...
Silicon on Insulator (SOI) Market Is Expected To Grow At a Highest CAGR during 2019-2024
The Silicon
on Insulator (SOI) market is projected to grow from USD 894 million in 2019
to USD 2,186 million by 2024, at a CAGR of 19.6% from 2019 to 2024. Advancements
in smartphones, tablets, earphones/headphones, and wearables are expected to fuel
the growth of the market for consumer electronics, which use SOI wafers.
Moreover, the rising adoption of
SOI-based devices in advanced applications...
Solid-State Cooling Market is Expected to Grow at Highest CAGR between 2019-2024
Solid-state cooling systems use a
thermoelectric module, which is a semiconductor-based component, soldered
between 2 ceramic plates, with a sandwich-type structure filled with bismuth
telluride particles and doped to obtain N-P junctions. When DC power is applied
to a thermoelectric module, heat transfer is initiated from one side of the
module to another. Thus, one of the module faces is cooled...
North America to account for largest nanomechanical testing market size during forecast period
North America is expected to account for the largest size of the overall nanomechanical testing market in 2018. North America is also expected to be the fastest-growing region during the forecast period. The rapid industrialization and high demand for nanomechanical testing instruments for several R&D activities performed by many engineering institutions in this region propel the nanomechanical...
Automated Guided Vehicle Market worth $2.74 billion by 2023,at a CAGR of 8.02%
According to Market Research, the automated guided vehicle (AGV) market is expected to grow from USD 1.86 billion in 2018 to USD 2.74 billion by 2023, at a CAGR of 8.02% between 2018 and 2023. The major factors driving the growth of the AGV market include the rising demand for automation in material handling across industries, emerging e-commerce industry, increasing requirement for workplace safety...
HVAC Systems Market : Market Shares, Trends, Top Key Players, Industry Overview and Global Forecast to 2023
Factors that drive the growth of the market include the increasing demand for HVAC systems for reducing energy consumption, extreme weather conditions, government tax credit and rebate programs, and growing demand for HVAC systems to upgrade old systems.
The increase in urbanization has led to the demand for smart buildings. These buildings require efficient HVAC equipment, leading to the growth of...