Attractive Opportunities in the AR and VR Display Market

AR and VR Display Market The AR and VR display market is expected to grow from USD 1.6 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 21.8% during the forecast period. Increasing adoption of AR and VR devices in various applications, increasing demand for OLED in AR and VR devices, rising technological advancement and growing use of microdisplays in AR and VR devices are the major...

Attractive Opportunities in Critical Communication Market worth $19.8 billion by 2024

The report “Critical Communication Market by Offering (Hardware, Services), Technology (Land Mobile Radio, Long-Term Evolution), End-Use Vertical (Public Safety, Transportation, Utilities, Mining), and Region (North America, Europe, APAC, RoW)-Global Forecast to 2024″, is expected to grow from USD 13.9 billion in 2019 to USD 19.8 billion by 2024, at a CAGR of 7.4%. High demand for critical...

Key Market Dynamics in SCARA robot

The SCARA robot market (including the prices of peripherals, software, and system engineering) is estimated to be valued at USD 6.4 billion in 2019 and is expected to grow at a CAGR of 10.3% during 2019–2024 to reach USD 10.4 billion by 2024. The SCARA robot market (excluding the prices of peripherals, software, and system engineering) is estimated to be valued at USD 2.3 billion in 2019 and is...

Power Supply Market is Expected to Witness the Highest Technological Growth by 2023

The power supply market is expected to be worth USD 34.92 billion by 2023, growing at a CAGR of 6.7% from 2018 to 2023. Factors such as growing adoption of home and building automation systems, emerging telecommunications sector, and increasing demand for energy-efficient devices/appliances are driving the growth of the power supply market. The increasing requirement of power supply in medical and...

Automotive TIC Market Opportunities and Challenges

The automotive industry is transforming at a faster rate owing to the development of cutting-edge technologies and stringent environmental regulatory policies. This report on the automotive TIC market is a platform that explains applications, market trends, and varieties of TIC services, ranging from testing, inspection, and certification to auditing and quality control and assurance. These services...

Agriculture IoT Market is Expected to Grow at the highest CAGR during 2019-2024

The agriculture IOT market is expected to grow from USD 12.7 billion in 2019 to USD 20.9 billion by 2024, at a CAGR of 10.4% from 2019 to 2024. A few key factors driving the growth of this market are increasing adoption of Internet of Things (IoT) and Artificial Intelligence (AI) technology by farmers and growers, focus on livestock monitoring and disease detection to improve farming efficiency, and...

How are advancements in consumer electronics and other verticals influencing the iris recognition market?

Iris Recognition Market
The global iris recognition market size is expected to grow from USD 2.3 billion in 2019 to USD 4.3 billion by 2024, at a CAGR of 13.2% during the forecast period. The high adoption of iris recognition technology by government organizations for identification and authentication purposes is the primary driving factor for the iris recognition industry. The increasing penetration of iris recognition...

Safety Laser Scanner Market Expected To Grow At Higher CAGR from 2018 To 2023

The overall safety laser scanner market is expected to grow from USD 304 million in 2018 to USD 406 million by 2023, at a high CAGR during 2018–2023. The safety laser scanners offer a long-term cost-effective solution for use with new machine installations or for retro fitting machines, plants, or even vehicles. Therefore, small form factor, high user-friendliness, seamless integration, and high...

Growing demand for smart lighting solutions, and growing demand from horticulture markets are the key driving factors for the LED packaging market

The LED packaging market was valued at USD 17.08 billion in 2016 and is expected to reach USD 26.39 billion by 2023, at a CAGR of 6.2% during the forecast period. The base year considered for the study is 2016 and the forecast period is between 2017 and 2023. Objectives of the Study: Define, describe, and forecast the overall market segmented, in terms of value, on the basis of package...

Medical Electronics Market To Hold The Largest Share During The Forecast Period 2019-2025

The medical electronics market is estimated to be worth USD 5.1 billion in 2019 and is projected to reach USD 6.6 billion by 2025, at a CAGR of 4.6% from 2019 to 2025. The medical electronics industry is expected to witness substantial growth in the next six years mainly due to the rising incidents of chronic diseases; increasing adoption of medical imaging, monitoring, and implantable devices; rising...