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Showing posts from May, 2022

Smoke Detector Market Revenue, Top Companies, Analysis, Forecast 2027

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The   Smoke Detectors Market   Size is estimated to be USD 2.3 billion in 2022 and projected to reach USD 3.4 billion by 2027, at a CAGR of 8.2%. The rising government support as well as initiatives for the installation of smoke detectors and rising expenditure related to fire of various enterprises are driving the demand for the Smoke Detectors Market. Additionally, the installation of smoke detectors is increasing rapidly in various coaches, buses, and specialty vehicles; mandated by the government bodies which is also responsible for the growth of the market. Battery-powered holds the largest market share in 2021 Battery-powered Smoke Detectors are easy to install and work during power outages. Besides, the sealed battery-powered smoke detectors are powered by sealed lithium-ion batteries, which have a longer life of 10 years. These detectors come up with the Do-It-Yourself instructions. The rapid innovations in the battery technology have led to the development of smoke de...

Diameter Signaling Market Growth, Revenue, Top Companies, Challenges, Opportunities, Forecast 2025

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The   Diameter Signaling Market   is valued at USD 1.1 billion in 2020 and is projected to reach USD 1.6 billion by 2025; expected to grow at a CAGR of 7.1% from 2020 and 2025 driven by the increase in the number of 4G subscribers, trials and rollouts of 5G communication networks across the world and focus on the digitalization of economies. With the growing number of mobile and 4G subscribers, there is an increase in mobile traffic, which is creating a requirement for signaling devices. Diameter signaling solutions address the issue of growing data traffic in communication networks. The mobile telecommunication services market is customer centric. Mobile network operators are constantly focusing on enhancing and improving their services and adding scalability to their networks to meet the subscriber’s expectation in terms of bandwidth and number of connections, as well as to remain competitive in the market. This has created the need for advanced, personalized, and applicatio...

Vision Sensor Market Trends, Growth, Revenue, Top Companies, Challenges, Opportunities Analysis, Forecast 2023

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The Overall   Vision Sensor Market   is expected to grow from USD 2.5 billion in 2018 to USD 4.5 billion by 2023—growing at a CAGR of 12.20%. The growth of the electronics and electrical industry, the use of machine vision technology in the automotive industry, and the focus of manufacturing companies on cost and time savings are the factors driving the demand for Vision Sensors. Cognex (US), Keyence (Japan), Teledyne (US), Sick AG (Germany), and Baumer Holdings (Switzerland) are among the major players in the Vision Sensor Market. Product launches and developments, mergers and acquisitions, expansions, agreements, collaborations, joint ventures, and partnerships are a few key strategies adopted by market players to gain a competitive edge. Cognex is a provider of machine vision products that can capture and analyze visual information to automate tasks primarily in the manufacturing sector. The company offers a variety of products, including vision software, machine vision sys...

Delivery Robots Market Overview, Demand, Top Players, Driving Factors and Forecast 2026

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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...

Smart Display Market Size, Statistics, Opportunities & Forecast 2027

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The   Smart Display Market   is expected to grow from USD 2.3 billion in 2022 to USD 9.7 billion by 2027; it is expected to grow at a CAGR of 33.4% during the forecast period. Major factors driving the growth of the Smart Display Industry are increasing number of internet users and growing adoption of smart devices according to consumer preferences, surging demand for AI-powered and IoT-enabled smart home appliances, increasing trend of context-aware signage, growing adoption of smart signage in retail sector, high demand for smart mirrors from automotive industry, and new and innovative features offered by smart mirrors.  Smart signage is expected to account for the largest share of the Smart Display Market, by 2027. The smart signage market is projected to witness lucrative growth during the forecast period. A new trend of context-aware and AI-powered signage is one of the major factors driving the smart signage market. The growing number of retail shops and the increas...

Automated Test Equipment Market Key Trends, Applications & Future Developments 2027

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The   Automated Test Equipment Market   is expected to grow from USD 7.0 billion in 2022 to USD 8.8 billion by 2027; it is expected to grow at a CAGR of 4.7% during the forecast period. Major factors driving the growth of the automated test equipment market are expected to be driven by the rising application in consumer electronics. Likewise, with technological advancement in automotive sector has increased significantly, creating lucrative opportunities for the market players.    The automotive and transportation segment is projected to register the highest CAGR  during the forecast period. With the extensive demand for sophisticated electronic systems for luxury cars and sport utility vehicles (SUVs), ATE are likely to witness high demand from the automotive sector. The importance and necessity of semiconductor devices, such as power devices and modules, has been increasing in automotive applications such as modernized vehicles, hybrid electric vehicles, and o...

Radiation Hardened Electronics Market Size, Share, Demand Growth, Business Opportunity by 2027

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The   Radiation Hardened Electronics Market   is expected to grow from USD 1.5 billion in 2022 to USD 1.8 billion by 2027, at a CAGR of 4.0% during the forecast period. Rising intelligence, surveillance, and reconnaissance (ISR) activities is expected to positively influence the growth opportunities for Radiation-Hardened Electronics Market. Continuous shrinking of weight and size and change in power consumption requirement of space electronics has led systems integrators toward the development of a kind of packaging technique, with more use of chiplets and heterogenous packaging of dies. The manufacturers are planning to integrate microprocessors, memory pieces, and serial interconnect in a single system package. Designers are also integrating RF components, D/A convertor, and A/D convertor in a single package, which requires advanced packaging. The evolution for multicore processors from two, to four and currently eight core is required for low earth orbital application. For...

Vacuum Valve Market Key Trends, Applications & Future Developments 2026

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The   Vacuum Valve Market   is projected to reach USD 1.8 billion by 2026 from an estimated USD 1.2 billion in 2021, at a CAGR of 8.5% from 2021 to 2026. Major factors driving the growth of the market include rapidly growing semiconductor industry and growing adoption of advanced displays creating demand for vacuum-based manufacturing processes. VAT Group AG (Switzerland), MKS Instruments (US), CKD Corporation (Japan), V-TEX Corporation (Japan), ULVAC, Inc. (Japan), SMC Corporation (Japan), HVA LLC (US), Kitz SCT Corporation (Japan), Pfeiffer Vacuum (Germany), and Agilent Technologies (US); are some of the Key Players in the Vacuum Valve Market. These players have adopted various growth strategies, such as product development, expansions, collaborations, and agreements to retain their presence in the Vacuum Valve Market. VAT Group AG (Switzerland) VAT Group AG (Switzerland) develops, manufactures, and supplies vacuum valves, along with related services, to customers from semic...

Touch Probe Market Noticeable Growth, Size, Share, Business Opportunities, Forecast 2025

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The market growth is mainly attributed to robust features of touch probe aiding in the measurement of 3D part geometries, rise in industry safety standards, and increasing automation in automotive manufacturing. The   Touch Probe Market   is expected to reach USD 736 million by 2025 from USD 606 million in 2020 at a CAGR of 4.0%. A Touch Probe is a sensing device, which is used in automated machines for forming an image of a workpiece to be processed, which cannot be done visually. It is used in machine tools to carry out the workpiece setup, origin, alignment automatically, and to inspect the part after it is being cut. It is used in CNC machining centers, CNC turning centers, and CMM machines, among others across various industries, including automotive, aerospace & defense, electronics manufacturing, medical devices, and oil & gas. Renishaw (UK), Hexagon (Sweden), and DR. Johannes Heidenhain (Germany) are the Leading Players of the Touch Probe Market. Renishaw (UK) ...

Anti-Jamming Market Overview, Industry Size, Top Trends, Growth and Forecast 2025

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The   Anti-Jamming Market for GPS   is valued at USD 4.0 billion in 2020 and is expected to reach USD 5.9 billion by 2025; it is expected to grow at a CAGR of 7.9% from 2020 to 2025. A few key factors driving the growth of this market are high demand for GPS technology in military applications and ongoing developments to improve the overall GPS infrastructure. Factors such as the growing demand for unmanned airborne vehicles and systems and the development of low-cost GPS anti-jamming solutions are expected to provide growth opportunities to players in the GPS Anti-Jamming Market. Raytheon Technologies Corp. (US), Hexagon (Sweden), Thales Group (France), L3Harris Technologies (US), BAE Systems (UK), and Cobham Ltd. (UK), Mayflower Communications (US), infinDome (Israel), Lockheed Martin Corp. (US), Israel Aerospace Industries Ltd. (Israel), FURUNO ELECTRIC CO., LTD. (Japan), and Meteksan Defense (UK), are few major players in the GPS Anti-Jamming Market. Most of the leading co...

Embedded Display Market Top Companies, Challenges, Opportunities Analysis, Forecast 2025

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The   Embedded Display Market   is projected to grow from USD 17.7 billion in 2020 to USD 24.4 billion by 2025; it is expected to grow at a CAGR of 6.9% from 2020 to 2025. The key factors fueling the growth of this market include the advancements in embedded display interface technologies, accelerated adoption of automation in different industries owing to COVID-19, and increased demand for interactive displays and digital signage. The Embedded Display Market is dominated by key global established players such as Ansys, Avnet, Inc., Winstar Display, Green Hills Software (GHS), Intel, Planar Systems, Altia, Anders Electronics, Emerging Display Technologies (EDT), and Microsoft. These companies focus on adopting both organic and inorganic growth strategies, such as product launches and developments, partnerships, collaborations, joint ventures, expansions, and acquisitions to strengthen their position in the market. Avnet, Inc.  has been one of the major global players in E...

Far-Field Speech and Voice Recognition Market Demand, Top Players, Current Trends and Forecast 2024

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The   Far-Field Speech and Voice Recognition Market   was valued at USD 969 million in 2018 and is expected to reach USD 3,505 million by 2024, at a CAGR of 23.89% during the forecast period. The growing impact of front-end hardware components on the accuracy of speech and voice recognition, and growth in voice control–based smart speakers drive the growth of the Far-Field Speech and Voice Recognition Market. The deployment of Far-Field Speech and Voice Recognition in smart home devices and application of speech and voice recognition in service robotics are expected to offer lucrative opportunities for players in the Far-Field Speech and Voice Recognition Market during the forecast period. The Far-Field Speech and Voice Recognition Market is highly competitive owing to the presence of global and regional market players. Product launches and developments, partnerships, and collaborations have been the major strategies adopted by the leading players to grow in the market. Among ...

Clean-in-Place Market Growth, Size, Statistics, Opportunities & Forecast 2023

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The Clean-In-Place Market is expected to grow from USD 7.5 billion in 2018 to USD 15.4 billion by 2023, at a CAGR of 15.49%. The rapid automation of processing plants and stringent government policies for manufacturing companies to comply with food hygiene and safety standards provide lucrative opportunities for the players in the   Clean-In-Place Market . Advantages of CIP systems in various applications, increased use of CIP systems in the pharma industry, and high demand for processed and convenience food and dairy products, as well as for beverages are the major factors driving the market growth. Key Players Operating in the Clean-In-Place Market include major players operating in different stages in the entire value chain of Clean-In-Place; these players are Tetra Pak International (Switzerland), GEA Group (Germany), Sani-Matic (US), Alfa Laval (Sweden), SPX FLOW (US), Krones AG (Germany), KHS GmbH (Germany), Melegari Manghi (Italy), Centec GmbH (Germany), and Millitec Food Sy...

Radiation-Hardened Electronics Market Growth, Opportunities & Forecast 2026

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The   Radiation-Hardened Electronics Market   was valued at USD 1.4 billion in 2020 and is estimated to reach USD 1.7 billion by 2026, registering a CAGR of 3.5% during the forecast period (2020–2026). Industries use Radiation-Hardened Electronics to protect devices/systems from the effects of radiation. The application areas of rad-hard electronics include space (satellites), aerospace & defense, nuclear power plants, implantable medical devices, and scientific research. The growing intelligence, surveillance, and reconnaissance (ISR) operations globally, the increase in number of space missions, and growing demand for rad-hard electronics in the commercial satellite industry are factors driving the growth of the rad-hard electronics market. However, the high development and testing costs are expected to restrain the growth of the market during the review period. The report also includes the impact of the COVID-19 pandemic on the growth of the Global Radiation-Hardened El...

Modular Robotics Market Analysis, Size, Share, Growth Opportunities, Future Trends 2023

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The   Modular Robotics Market   is expected to grow from USD 4.70 billion in 2018 to USD 10.76 Billion by 2023, at a CAGR of 18.00% during the forecast period. Factors driving the growth of the Modular Robotics Market include growing investment in industrial automation and increasing adoption of collaborative modular robots owing to their benefits and features. ABB (Switzerland), Fanuc (Japan), Yaskawa (Japan), Kuka (Germany), and Kawasaki Heavy Industries (Japan) dominated the Modular Robotics Market in 2017. Product launches, partnerships, and collaborations were the key strategies adopted by the top market players to capture a major share of the Modular Robotics Market. Top 2 Players in the Modular Robotics Market: FANUC has concentrated its efforts on attaining stability and prosperity in its business, along with strengthening the trust of customers in its products and services. Its efforts in product developments are in line with its slogan Reliable/Predictable/Easy to Re...

Industrial Sensors Market Size, Share, Demand Growth, Opportunity by 2026

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The   Industrial Sensors Market   is expected to grow from USD 20.6 billion in 2021 to USD 31.9 billion by 2026; it is expected to grow at a CAGR of 9.1% during 2021–2026. Key factors fueling this markets growth include rising adoption of Industrial 4.0 and IIoT in manufacturing; surging demand for smart sensor-enabled wearable devices; and technological advancements in industrial sensors. Predictive maintenance to offer lucrative opportunities to market players; and increasing demand from automobile manufacturers to deliver improved safety and comfort for smart sensors create a strong demand for industrial sensors for efficient industrial operations in the midst of COVID-19. Key Players in the Industrial Sensors Market comprise companies operating at different stages of the value chain. These include Rockwell Automation (US), Honeywell International (US), Texas Instruments (US), Panasonic Corporation (Japan), STMicroelectronics (Switzerland), TE Connectivity (Switzerland), Si...

Artificial Intelligence in Marketing Market Share, Outlook, Business Strategies 2025

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The   Artificial Intelligence (AI) in Marketing Market   is expected to be valued at USD 6.46 Billion in 2018 and is likely to reach USD 40.09 Billion by 2025, at a CAGR of 29.79% during the forecast period. Growth in the adoption of customer-centric marketing strategies, increase in demand for virtual assistants, and increased use of social media for advertising are the major factors driving the demand for AI-based Marketing and sales solutions. The key strategies adopted by most companies in the AI in Marketing Market include product launches, expansions, partnerships and collaborations, and acquisitions. Product launch was the most preferred strategy by players in the AI in marketing market between 2016 and 2017. Xilinx (US), Amazon.com (US), NVIDIA (US), Facebook (US), and Samsung Electronics (South Korea) are some of the leading players that adopted this strategy to achieve growth in the AI in marketing market. Download PDF Brochure @  https://www.marketsandmarkets.c...

Mobile Substation Market Share, Industry Outlook, Global Size, Business Strategies, Product Demand 2023

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The   Mobile Substation Market   is expected to grow from an estimated USD 789.3 Million in 2018 to USD 1,136.9 Million by 2023, at a CAGR of 7.57% between 2018 and 2023. The mobile substation is also known as portable substation or compact powerhouse. The mobile substation is a considerably cost-effective and time-saving solution than the full-fledged power substation built on-site. For instance, in areas where the resource availability (in term of product, manpower, and space) is limited for a typical on-site substation, a mobile substation is the best solution to offset these hindrances. Key Players in this market are Siemens (Germany), ABB (Switzerland), Eaton (Ireland), General Electric (US), CG Power (India), and MEIDENSHA (Japan). Siemens (Germany) is one of the pioneering technology providers for the industrial, manufacturing, and power utilities sectors. The company possesses diversified product portfolio along with an extensive geographic footprint. The company has e...