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...

ABS to Lead the Sensor Bearing Market From 2018 to 2023

The Sensor Bearing Market size is expected to grow from USD 5.1 billion in 2018 to USD 6.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The major factors driving the sensor bearing market are the increasing demand for sensor bearings from end-use industries, such as automotive and transportation, and the enforcement of stringent regulations related to...

Growing Adoption of Image Sensors in Automobiles to Boost the Growth of Image Sensor Market in the Coming Years

Technological advancements and increased usage of images across various verticals, mainly consumer electronics and automotive, have led to the immense growth of the overall image sensor market in the past few years. Moreover, the increasing need and demand for smaller pixel devices that provide high resolution images in a cost-effective manner is also expected to boost the demand for image sensors,...

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...

Huge Demand from Consumer Electronics Sector to Fuel the Growth of Gas Sensors Market in the Years to Come

Gas sensors are being mainly used across consumer electronics and building automation applications. The growth of the worldwide gas sensors market is also being fueled by the rising concern for environment pollution control through air quality analysis by detection of concertation of harmful gases that are released in environment on a day-to-day basis. The global gas sensors market is expected to be...

Growing Automotive Sector to Boost the Growth of HI-FI System Market in the Coming Years

Advancements in technology, especially in the wireless technologies have transformed the way people communicate or listen to music nowadays. There has been a huge increase in the demand for wireless audio devices such as speakers, sound bars, headphones, and network media players among others, since they allow people to have an easy control over their music with the help of Hi-Fi audio devices. The...

Global Cryostat Market to Witness Significant Growth in the Years to Come

Cryostat is a device used for maintaining samples or specimens at low cryogenic temperatures by thermally isolating them from the outside with the help of cryogenic fluids such as liquid helium or liquid nitrogen. Cryostats find wide usage in healthcare applications such as spectroscopy, frozen tissues sections, X-ray, and magnetic resonance imaging (MRI). Apart from healthcare, they are increasingly...

Booming Consumer Electronics Industry to Play a Vital Role in the Growth of Smart Sensor Market

Smart sensors or intelligent sensors are sensors with interfacing circuit, which perform functions like decision-making, logical functions, and two-way communications. These sensors are used in a plethora of applications, such as aerospace & defense, automotive, consumer electronics, healthcare, and industrial, among others. With the advent of technology like Internet of Things (IoT) and growing...

Researchers Predict Steady Growth for Production Printer Market by 2022

Production printing is a cost-effective method for high volume printing of transactional documents or commercial purposes while maintaining the high quality and fast turnaround. It has revolutionized the transaction application, especially when it comes to the large-scale production of bills, statements, checks, and other documents. The worldwide production printer market has been experiencing significant...

Mobile Augmented Reality Market to Garner Massive Recognition in the Years to Come

Augmented reality is revolutionizing the way we see things, with one of the recent examples being the Pokemon GO game, which is a location-based augmented reality mobile game, and it is spreading like wildfire across the globe. With the development of this technology and more and more applications, the shift to the use of mobile in AR applications is expected to bring in winds of change in the digital...