Video Surveillance Market worth 68.34 Billion USD by 2023, CAGR of 13.1%
The video surveillance market was valued at USD 36.89 Billion in 2018 and is expected to reach USD 68.34 Billion by 2023, at a CAGR of 13.1% during the forecast period. The base year considered for the study is 2017, and the forecast period considered is between 2018 and 2023. The objective of the report is to provide a detailed analysis of the video surveillance market based on system, offering, vertical,...
Building Information Modeling (BIM) Market – Detail Industry Research Report, Segmentation and analysis Till 2022
The key factors driving this market have been the optimized project performance and increased productivity; enhanced communication and coordination throughout the asset lifecycle management process in the construction industry due to adoption of BIM; and government mandates for the usage of BIM in several developed countries.
The optimized project performance and increased productivity; enhanced communication...
Need for Operational Safety and Technological Advancements to Boost the Growth of Positive Material Identification Market in the Coming Years
Positive material identification (PMI) being mainly used for analyzing and identifying material grade and alloy composition for quality and safety control, is an integral part of both production and asset integrity management across various industries including oil & gas, power, chemical, pharmaceutical, nuclear, aerospace, and fabrication. It can also help prevent a potential product failure and...
Oil & Gas Sector Poised to Play a Key Role in the Growth of Underwater Acoustic Communication Market in the Coming Years
Introduction of underwater acoustic modems has enabled the users to communicate, navigate, and monitor under water by transmitting the data through water. Underwater acoustic modems mainly find application in oil & gas and military & defense sectors for gathering data and monitoring marine applications. Moreover, increasing research & development activities related to underwater communications...
Smart Lock Market to get Smarter due to the Increased Focus on Enhancing Safety and Security in the Coming Years
Thanks to the advancing technology and rise in number of connected devices, smart cities and smart homes have also been witnessing a high demand. This increased popularity of smart homes coupled with the huge penetration of smartphones and connected devices has led to the phenomenal development of smart locks. As the technology is advancing day-by-day, concerns regarding safety and security have also...
Filtration and Contamination Control Market to Witness Significant Growth in the Coming Years
Filtration and contamination control have become an integral part of the industrial processes and automotive sector, with the continuous need for enhancing the quality of the products and reducing the contamination level in liquids and other fluids. This further helps in reducing the operating cost and eliminating the amount of wastage, thereby increasing the life of the equipment. The market for filtration...
Frequency Synthesizer Market to Witness Steady Growth in the Coming Years due to the High Adoption of Mobile Phones
Frequency synthesizers find applications in various industries such as telecommunications, research and measurement, and military and aerospace, thus, helping to generate a variable frequency output from a standalone device. Looking at its features such as signal clarity and stability, low-phase noise, high switching speed, and wide output frequency range, the demand for frequency synthesizers has...
Ballast Water Treatment Market Foresees Skyrocketing Growth in the Coming Years
Ballast water treatment technology is basically for removing or destroying ingredients containing pesticides and other pollutants from ballast water systems, thereby not allowing the discharge of invasive species being transported into inhabitable water that may impact the environment considerably. Due to the involvement of government, the installation of BWT systems has become mandatory according...
Agricultural Robots Market to Grow at a Remarkable Pace in the Coming Years
The rising population across the globe is leading to a high demand for food, which in turn calls for high yield of crops. And with technology penetrating all the sectors, agriculture industry is not far behind when it comes to implementing new technologies and techniques. The farmers nowadays are increasingly adopting new technologies like agricultural robots to enhance the yield. The global market...
Mandates from Aviation Industry to Push Terrain Awareness and Warning System (TAWS) Market towards Growth in the Coming Years
Terrain awareness and warning systems (TWAS), basically designed to prevent controlled flight into terrain (CFIT) accidents, providing a life-saving and an essential layer of safety for aircraft navigation as and when the terrain and weather conditions change. TAWS mainly find usage in military and defense and commercial sectors. In addition, the changing preference of transport from rail/road transport...