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Showing posts from February, 2022

Body Area Network Market Key Manufacturers and Forecast 2024

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The   Body Area Network Market   is projected to grow from USD 9.1 billion in 2019 to USD 15.8 billion by 2024; it is expected to record a compound annual growth rate (CAGR) of 11.7%. Increased use of smart devices for tracking physical fitness and its availability at low-cost are major driving factors of the market. Utilization of advanced technologies to reduce the growing healthcare expenditure and adoption of IoT in healthcare applications provide an opportunity for the market. Key Players Apple  Inc. (US), Fitbit (US), Samsung Electronics Co., Ltd. (South Korea), Garmin Ltd. (US), Fossil Group, Inc. (US), Xiaomi Corporation (China), Huawei Technologies Co., Ltd. (China), Casio Computer Co., Ltd. (Japan), LG Electronics Inc. (South Korea), Medtronic plc (US), Bragi (Germany), Polar Electro Oy (Finland), Mobvoi Information Technology Company Limited (China), GOQii (US), Suunto Oy (Finland), Withings (France), AsusTek Computer Inc. (Taiwan), Abbott Laboratories (US), Hu...

5G Infrastructure Market Largest Application Share and Forecast Analysis 2027

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The   5G Infrastructure Market   is estimated to be valued at USD 784 million in 2019 and is projected to reach USD 47,775 million by 2027, at a CAGR of 67.1% during the forecast period. Lower latency in 5G, growing adoption of virtual networking architecture in telecommunications, and growth in mobile data traffic are among the major factors driving the 5G Infrastructure Market. Increasing M2M connections across various industries are also expected to fuel the growth of the 5G Infrastructure Market. The 5G Infrastructure Market is moderately competitive, with a significant presence of multi-national, domestics, and start-up companies. Product launches and partnerships were the key strategies adopted by players to increase their shares in the 5G infrastructure market from 2017 to 2019. Product launches accounted for a share of 34% of the overall growth strategies. The 5G Infrastructure Market is concentrated with giant players, allowing them to invest heavily in R&D. The m...

Compressed Air Filter and Dryer Market Size, Share & Growth by Manufacturer and Regions 2027

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The Global   Compressed Air Filter And Dryer Market   Size is projected to grow from USD 5.4 billion in 2022 to USD 7.3 billion by 2027 at CAGR of 6.2% during the forecast period. The growth of Compressed Air Filter and Dryer Market is driven by the surging demand for compressed air solutions from food & beverages industry, and growing adoption of compressed air systems to increase productivity. Compressed air dryers held the larger share of the market for the chemicals industry in 2021 Compressed air dryers held the larger share of the market for the chemicals industry in 2021. Chemical companies deal with toxic and combustible gases daily; hence, high-quality compressed air is quite crucial for the safety and efficiency of equipment. Compressed air dryers such as refrigeration dryers have a high demand in the chemicals industry due to the requirement of high-purity products and the dangerous or hazardous gases present in a chemicals production facility. Chemical faciliti...

Human Augmentation Market Size, Share & Growth by Manufacturer and Regions 2026

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The Global   Human Augmentation Market   is expected to reach USD 341.2 billion by 2026 from USD 131.7 billion in 2021, at a CAGR of 21.0% during the 2021-2026 period. The rapid growth of the Global Human Augmentation Market is attributed to some of the driving factors such as growing demand for wearable human augmentation devices in the healthcare sector, the recent advent of AI-powered wearable devices and rapid technological advancements such as availability of fast processing chipsets, miniaturization of sensors, use of brain-computer interfaces and evolution of nanotechnology. Wearable devices to account for the largest share of the Human Augmentation Market during the forecast period Wearable devices are projected to account for the largest share of the Human Augmentation Market during the forecast period. The growing use of wearable devices to monitor health and fitness parameters is a major factor contributing to the market growth. The availability of miniaturized mult...

Micro Battery Market Growth Analysis, Trends and Forecast 2026

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Button Battery segment to hold the largest size of the Micro Battery Market from 2021 to 2026 Button batteries accounted for the largest share of the overall  Micro Battery Market  in 2020 and are projected to dominate the market from 2021 to 2026. Lithium button batteries are experiencing surging demand owing to their numerous applications. For instance, these batteries are used in motherboards that power computing devices such as smartphones and computers. Lithium button cells are also used in portable medical devices such as blood glucose meters, blood pressure meters, tensiometers and clinical thermometers; wrist watches; calculators; memory backups; laser pens; fitness appliances & wearables; and toys. Thus, the multi-applicability of these batteries is expected to drive their market in the near future. The Micro Battery Market for the consumer electronics application is projected to grow at the highest CAGR during the forecast period The Micro Battery Market for cons...

Mid-and High-Level Precision GPS Receiver Market estimated to be worth USD 4.0 Billion by 2026

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Mining Industry is estimated to hold the largest growth rate of the Mid-and High-Level Precision GPS Receiver Market during the forecast period. The mining industry is expected to held the largest CAGR of the  Mid-and High-Level Precision GPS Receiver Market  during the forecast period. GPS finds various applications in the mining industry, including surveying and mapping land, blasthole drilling; shovels, dozers, loaders, and graders; haul truck fleet, vehicle tracking & dispatch, and GNSS surveying. These systems in mining are implemented using Real-time Kinematics (RTK) or differential GPS in order to increase the accuracy required for mining activities. Mid-and High-Level Precision GPS Receiver for survey grade type to grow at highest CAGR from 2021 to 2026 Survey-grade GPS receivers are used to position road construction, survey markers, and buildings. These receivers are designed to achieve constant network accuracy in real time or static mode There is an increasing ...

Distributed Fiber Optic Sensor Market Application, Opportunity and Forecast 2026

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The Global   Distributed Fiber Optic Sensor Market   size is expected to grow from USD 0.9 billion in 2021 to USD 1.5 billion by 2026, at a CAGR of 9.7%. Growing adoption of Distributed Fiber Optic Sensors in oil and gas and infrastructure and safety and security verticals will drive the demand for this market in the near future and is expected to play a vital role in the growth of the Distributed Fiber Optic Sensor Market. Rapid digitization and automation to fulfill the rising need for productivity, efficiency and safety in various processes and growing adoption of distributed sensors in applications such as pipeline monitoring, structural health monitoring, border monitoring and control are driving the growth of Distributed Fiber Optic Sensor Market. The market has declined in 2020, mainly due to the impact of COVID-19. The supply chain was disrupted in 2020 due to the lockdown imposed by various governments and labor shortages in these industries due to travel restrictions...

Head-Mounted Display Market Largest Application Share in 2022

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The   Head-Mounted Display Market   is expected to grow from USD 5.5 billion in 2021 to USD 36.5 billion by 2026, at a CAGR of 46.0%. The market growth can be attributed to several factors, such as surge in investments by major players in development of HMDs, increased adoption of AR and VR technologies due to COVID-19, availability of low-cost HMDs, and technological advancements and growing digitalization. Key Players Some of the key companies operating in the market are Sony (Japan), Google (US), Microsoft (US), Oculus (US), HTC (Taiwan), Seiko Epson (Japan), Samsung (South Korea), Lenovo (China), Magic Leap (US), and Vuzix (US) and so on. Integrated HMDs to account for the largest share of Head-Mounted Display Market in 2020 Integrated HMD, also called optical HMD (OHMD), is the most expensive and sophisticated type of HMD. It is an independent computing device, as it can deliver VR and AR experiences to users without any external hardware such as a PC or smartphone. Micro...

Current Sensor Market Development Trends and Growth 2026

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The Global   Current Sensor Market   is expected to grow from USD 2.3 billion in 2021 to USD 3.8 billion by 2026; it is expected to grow at a CAGR of 10.8% during 2021–2026. Key factors fueling this markets growth include growing use of battery-powered systems and increasing focus on renewable energy, high adoption of Hall-effect current sensors, and increasing demand in consumer electronics industry. Deployment of IoT and IIoT with current sensors and increasing manufacturing of hybrid and electric cars create a strong demand for current sensor for efficient industrial operations in the midst of COVID-19. Key Players Key Players in the market include Asahi Kasei Microdevices (AKM) (Japan), ACEINNA (US), Melexis (Belgium), Allegro MicroSystems (US), TDK Corporation (Japan), LEM International (Switzerland), Infineon Technologies (Germany), Tamura Corp. (Japan), Texas Instruments (US), and Honeywell (US). These players are increasingly undertaking product launches and developmen...

Film Thickness Measurement Market Overview, Analysis and Forecast 2023

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The   Film Thickness Measurement Market   is estimated to grow from USD 391.8 Million in 2017 to USD 521.9 Million by 2023, at a CAGR of 4.9% between 2017 and 2023. The growth is attributed to the growing demand for cost optimization across applications such as automotive, food & pharmaceutical packaging, medical, and semiconductors; increasing trend of technology miniaturization; and the rising awareness of film thickness measurement benefits to meet quality standards.  Film Thickness Measurement Market for automotive application to grow at the highest rate between 2017 and 2023 The growing demand for high-tech features in automobiles, stringent regulatory framework to monitor quality control processes in automotive manufacturing plants, and rising awareness regarding safety concerns among consumers are likely to spur the growth of automotive application during the forecast period. Due to this, automotive application is likely to grow at the highest rate between 2017...

Flow Battery Market Size, Share, Growth Analysis and Forecast 2026

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The Global   Flow Battery Market   Size is expected to grow from USD 214 million in 2021 to USD 489 million by 2026, at a CAGR of 18.0%. The growth of this market is driven mainly by inherent advantages of flow batteries, increasing investments in renewable energy, high demand for flow batteries in utilities, and increase in telecommunication tower installations. Hybrid flow battery type to grow at highest CAGR from 2021 to 2026 The adoption of hybrid flow batteries is increasing at a substantial rate attributed to their benefits, such as high energy density, compact size, and low cost. Zinc-bromine, zinc-cerium, and lead-acid are the most prominent types of hybrid flow battery types. The zinc–bromine hybrid battery offers the highest energy density as compared to other flow batteries. In recent years, several research programs have been conducted in several countries to explore the potential of hybrid flow batteries and build more compact and low-cost systems. Utilities appli...

Hyperloop Technology Market Overview, Analysis and Forecasts 2026

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The   Hyperloop Technology Market   is expected to grow from USD 1.2 billion in 2021 to USD 6.6 billion by 2026, at a CAGR of 40.4%. The major factors driving the growth of the Hyperloop Technology market are decreased travel time and transport costs. less expensive and minimum infrastructural maintenance, creation of hyperloop network requires less land area, tolerance to earthquakes and other natural calamities and emphasis on solar power for energy consumption in the Hyperloop Transportation Technology. However, Lack of awareness regarding hyperloop transportation technology, regulation not yet implemented for hyperloop transportation technology by governments and bureaucrats and safety and security concerns is expected to restrain the growth of the market. Guideway is attributed to holding a major share of the Hyperloop Technology Market Guideway is attributed to holding a major share in the coming years owing to the increasing construction of elevated structures depending...

Delivery Robots Market 2026 New Research Study

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The   Delivery Robots Market   is expected to grow from USD 212 million in 2021 to USD 957 million by 2026; it is expected to grow at a CAGR of 35.1% during 2021–2026. Reduction in delivery costs in last-mile deliveries, and Increase in venture funding are the key factors driving the growth of the Delivery Robots Market.  Further, Worldwide growth of e-commerce market are factors propelling the growth of the Delivery Robots Market. “4-wheeled delivery robot segment is estimated to register the largest market share during the forecast period” The Delivery Robots Market for 4-wheeled delivery robots accounted for the largest market share in terms of value in 2020. Companies offer four-wheeled robots for delivering groceries, food orders, flowers, packages, and boxes among other things. Reducing the distance between the front and rear set of wheels will result in better zero-radius turning in any desired direction with 4-wheeled robots. Hence, 4-wheeled delivery robots accou...

COVID-19 Impact on 5G Infrastructure Market Overview, Analysis and Forecast 2025

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The   COVID-19 Impact on 5G Infrastructure Market   Size is estimated to grow from USD 12.6 Billion in 2020 and projected to reach USD 44.9 Billion by 2025, at a CAGR of 29.0%. The projection for 2025 is estimated to be down by 22.7% as compared to pre-COVID-19 estimation. The major factors driving the growth of the 5G infrastructure market include an exponential rise in data traffic, the need for high data transfer speed with low latency, rising adoption of IoT devices, and increasing adoption of M2M connections across various industries. However, supply chain disruptions, delay in the release of 5G specifications, and China-US trade war will result in lower market projection compared to Pre COVID-19 estimation. Key Players: Some of the major players in the Global 5G Infrastructure Market are Ericsson (Sweden), Huawei Technologies Co., Ltd. (US), Nokia Networks (Finland), Samsung Electronics Co., Ltd. (South Korea), and ZTE Corporation (China) among others. Download PDF Sampl...

Solid State Battery Market Growth Analysis, Emerging Trends and Forecast to 2028

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Key Revenue Solid State Batteries are gaining traction in various applications due to their advantages such as high energy density, faster charging, safety advantages, and long shelf life over conventional batteries. The Global  Solid State Battery Market  Size is estimated to grow from USD 58 million in 2022 to USD 314million by 2028; it is expected to grow at a CAGR of 32.5% from 2022 to 2028. Rising requirement of Solid-State Batteries in electric vehicles, the increasing trend toward the miniaturization of consumer electronics, and growing R&D activities by major companies are a few of the major factors driving the growth of the market. The below 20 mAh segment dominated the market in 2021, in terms of size, and held majority share of the overall market. Batteries that fall under the capacity range of below 20 mAh are mostly thin-film batteries and are widely used in applications such as packaging, wireless sensors, medical & cosmetic patches, and other low drain d...

Reed Sensor Market Dynamics, Technology and Forecast 2023

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The Overall   Reed Sensor Market   is expected to be worth USD 2.30 billion by 2023, growing at a CAGR of 7.40% from 2018 to 2023. The use of reed sensors in emerging technologies such as the development of electric vehicles and growth of security systems provide major opportunities for the growth of the Reed Sensor Market. Key factors such as the use of reed sensors in the automotive industry; application of reed sensors in home appliances, HVAC, and smart meters; and benefit of low operating power and capable of working in harsh environments are driving the growth of the Reed Sensor Market. Key Players Operating in the Reed Sensor Market include major players operating in different stages in the entire value chain of reed sensor systems; these players are Littelfuse (US), HSI Sensing (US), RMCIP (Russia), Standex-Meder Electronics< (US), PIC GmbH (Germany), Coto Technology (US), Pickering Electronics (UK), Aleph America (US), STG Germany GmbH (Germany), and Zhejiang Xurui...

Human Augmentation Market Growth Analysis, Emerging Trends and Forecast 2026

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The Global   Human Augmentation Market   is expected to reach USD 341.2 billion by 2026 from USD 131.7 billion in 2021, at a CAGR of 21.0% during the 2021-2026 period. The rapid growth of the Global Human Augmentation Market is attributed to some of the driving factors such as growing demand for wearable human augmentation devices in the healthcare sector, the recent advent of AI-powered wearable devices and rapid technological advancements such as availability of fast processing chipsets, miniaturization of sensors, use of brain-computer interfaces and evolution of nanotechnology. Wearable devices to account for the largest share of the Human Augmentation Market during the forecast period Wearable devices are projected to account for the largest share of the Human Augmentation Market during the forecast period. The growing use of wearable devices to monitor health and fitness parameters is a major factor contributing to the market growth. The availability of miniaturized mult...