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Showing posts from July, 2022

LED Light Engine Market Growth, Manufacturers, Dynamics, Overview, Revenue 2024

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The   LED Light Engine Market   is estimated to be worth USD 30.0 billion in 2019 and USD 59.5 billion by 2024, rising at a CAGR of 14.7% throughout that period. Key factors influencing the market growth for LED Light Engines include increasing demand for energy-efficient lighting systems, infrastructure development and modernization, such as in smart cities, the availability of inexpensive LEDs, their introduction into general lighting, and the rapid advancement of LED technology relative to conventional lighting technology. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=16450611 GE Lighting (US), Cree, Inc. (US), Hubbell Inc. (US), Zumtobel Group AG (Austria), Wipro Enterprises (P) Ltd. (India), Samsung Electronics (South Korea), LG Innotek (South Korea), Legrand SA (France), Glamox AS (Norway), and Lutron Electronics Co., Inc. (US) are a few of the major companies operating in the LED light engine market. To increase their revenue in t...

5G Infrastructure Market Ongoing Trends and Recent Developments 2027

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The   5G Infrastructure Market   is anticipated to reach USD 47,775 million by 2027, at a CAGR of 67.1% over the forecast period, from an estimated 2019 value of USD 784 million. The 5G Infrastructure Market is primarily driven by lower latency in 5G, increased usage of virtual networking architecture in telecoms, and growth in mobile data traffic. The 5G Infrastructure Market is anticipated to develop as M2M connections increase across numerous industries. There are many domestic, foreign, and start-up businesses in the 5G infrastructure market, which is moderately competitive. From 2017 to 2019, players mostly used product launches and partnerships to improve their market shares in 5G infrastructure. 34 percent of all growth initiatives were accounted for by product launches. Giant businesses dominate the 5G infrastructure market, which enables them to make significant R&D investments. Huawei (China), Ericsson (Sweden), Samsung (South Korea), Nokia Networks (Finland), ZT...

Ultra Wideband Market with Current and Future Growth Analysis by Forecast From 2020 - 2025

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At a CAGR of 19.6%, it is predicted that the   Ultra-Wideband Market   will increase from USD 1.1 billion in 2020 to USD 2.7 billion by 2025. The demand for UWB technology in RTLS applications, the expansion of its use in mobile devices, and the adoption of the Industrial Internet of Things are the main reasons propelling the growth of the UWB market (IIoT). The Outdoor Positioning Systems UWB Market is the Fastest-Growing Market Because UWB chips are expensive and have a restricted wireless communication range, they are currently only used for a few outdoor locating applications. Due to its low power consumption, UWB technology is increasingly being employed in portable devices for a variety of outdoor communications applications, asset tracking, surveillance, medical imaging, radar imaging, and intelligent transportation. Along with GPS, UWB is employed in outdoor positioning systems. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=20090...

Solid State Battery Market - Future Scope, Revenue Growth and Forecast Research Report 2028

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Essential Revenue Pockets Due to its advantages over conventional batteries, including as their higher energy density, quicker charging, advantages in terms of safety, and longer shelf life, solid state batteries are becoming more popular in a variety of applications. The  Solid State Battery Market  is anticipated to increase from USD 58 million in 2022 to USD 314 million by 2028, growing at a CAGR of 32.5 % throughout that period. A few of the key drivers propelling the market's expansion include the increasing demand for solid state batteries in electric cars, the trend toward miniaturising consumer electronics, and rising R&D expenditures by big corporations. In terms of market size and market share, the below 20 mAh segment led the industry in 2021. Thin-film batteries, which are frequently utilised in applications like packaging, wireless sensors, medical & cosmetic patches, and other low drain devices, are the majority of batteries that fall within the capacity ...

Mobile Augmented Reality (AR) Market Size, Rising Demand, Trends, Astonishing Growth, Technology and Future Opportunities 2025

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From 2020 to 2025, the   Mobile Augmented Reality (AR) Market   is anticipated to increase from USD 7.6 billion to USD 29.5 billion, with a CAGR of 31.1 %. The primary reasons influencing market growth are the rise in online gaming during the COVID-19 epidemic, rise in demand for mobile AR from the retail sector to improve consumers' shopping experiences, and surge in use of AR technology by the travel & tourism and education sectors. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=174800140 The leading companies in the MAR market include Google Inc., PTC, Apple Inc., Wikitude GmbH, Samsung Electronics Co. Ltd., Blippar.com Limited, MAXST, Magic Leap Inc., Upskill Inc., and Atheer Inc. (US). New product releases and acquisitions are two of the key techniques used by these firms to improve their product portfolios, grow their market shares, and increase their presence in the market. For instance, PTC and Magic Leap collaborated to launc...

Delivery Robots Market Top Growing Companies Analysis and Segmentation Outlook till 2026

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Market Dynamics One of the most well-liked markets for delivery robots is the retail sector, where demand is growing as the population ages and consumerism rises. At a CAGR of 35.1%, the  Delivery Robots Market  is predicted to grow from USD 212 million in 2021 to USD 957 million in 2026. The majority of the reason for this is the rise in the number of elderly and disabled persons who need assistance with daily tasks. Additionally, the popularity of e-commerce has raised the need for doorstep delivery. Delivery Robots do, however, confront significant difficulties in the retail sector. One such issue is how customers perceive them because many people are still unfamiliar with them. Their capacity to manoeuvre through congested situations presents another difficulty because it is not in their nature to do so. They are also prone to getting lost or trapped in small places, which can affect service delivery or possibly pose a safety risk. Key Players: The leading companies in the...

Distributed Fiber Optic Sensor Market is expected to witness Incredible Growth during 2021 - 2026

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At a CAGR of 9.7%, the   Distributed Fiber Optic Sensor Market   Size is anticipated to increase from USD 0.9 billion in 2021 to USD 1.5 billion by 2026. The influence of COVID-19 was a major factor in the market's collapse in 2020. It is anticipated that the pandemic's disruption of the supply chain will have a considerable impact on the market. Additionally, because to travel restrictions brought on by lockdown regulations, businesses were unable to acquire the manpower they needed for their operations, which had an impact on manufacturing and production processes. Even if the market suffered in 2020, a full recovery is anticipated by 2021. The growth of the Distributed Fiber Optic Sensor Market is being driven by the quick digitization and automation to meet the rising demand for productivity, efficiency, and safety in various processes, as well as the growing adoption of distributed sensors in applications like pipeline monitoring, structural health monitoring, border moni...

Temperature Sensor Market Business Overview, SWOT Analysis, and Forecast to 2028

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The continuous demand for temperature sensors, which are integrated into devices like wearable bands, smartphones, and patient monitoring devices, from industries such as consumer electronics and healthcare is driving the   Temperature Sensor Market   Growth. For the past few years, the demand for reliable, high-performance, and low-cost sensors has been increasing, leading to the development of new technologies like micro and nanotechnology, which provides benefits such as miniaturization, low power consumption, and mass production.  However, high initial cost involved in advanced sensors is expected to restraint market growth. Wireless temperature sensors are projected to witness the highest CAGR for the forecast period Wireless temperature sensors are expected to grow at a higher CAGR during the forecast period. Industrial automation and demand for miniaturized consumer devices, such as wearables and IoT-connected devices, across regions, are key factors driving the wi...

Contextual Advertising Market Development, Leading Countries Analysis and Forecast till 2023

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With a CAGR of 18.80% from 2018 to 2023, the   Contextual Advertising Market   is anticipated to be valued USD 125.79 billion in 2018 and USD 297.68 billion by 2023. An automated approach called contextual advertising matches a promotional message with pertinent digital content. Contextual advertising's underlying algorithms choose the advertisements based on the content's keywords and other metadata. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=165798900    Between 2018 and 2023, the market for activity-based advertising is anticipated to expand rapidly. Because of social media, predictive analytics, and customer behavioural data, there is a growing demand for display advertising. Internet users' mobile/PC screens would start displaying advertising when they searched for or read something on the World Wide Web based on their interests or previously accessed browsing data. Throughout the forecast period, the mobile device cont...

Micro Battery Market is expected to witness Incredible Growth during 2021 - 2026

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Detailed information on the major drivers, restraints, opportunities, and restraints in the Micro Battery Market is provided in a new report from MarketsandMarkets titled " Micro Battery Market   Size Global Forecast to 2026." Size, segmentation, growth prospects, and drivers of the Micro Battery Market. Micro batteries are increasingly used to power small electronics like watches and fitness trackers as the digital era and new technology take hold. This page offers statistics on these batteries, such as the size of the global market and details on the technological patterns that have fueled this sector's explosive rise. It might be challenging to choose which industry you should enter and which prospects would have the most impact when trying to identify the best alternative for your company. In order to provide readers a complete picture of the state of the industry, we'll talk about the size, share, trends, drivers, and growth possibilities of the Worldwide Micro B...

Smart Display Market Explored in Latest Research Forecast Period Forthcoming Years

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In 2020, The   Smart Display Market   Size was estimated to be worth worth USD 1.1 billion, and by 2025, it is expected to be worth USD 6.1 billion. During the predicted period, a CAGR of 41.0% is anticipated. The automotive industry's high demand for smart mirrors, their cutting-edge features, the rise in internet users and the growing adoption of smart devices in line with consumer preferences, the surge in demand for AI-powered and IoT-enabled smart home appliances, the rising trend of context-aware signage, and the expanding use of smart signage in the retail sector are the main factors propelling the global market for smart displays. Key Players Amazon (US), Samsung Electronics (South Korea), Alphabet (Google) (US), Apple (US), LG Electronics (South Korea), NEC Corporation (Japan), Panasonic Corporation (Japan), Leyard Optoelectronic (Planar) (China), Sony (Japan), Facebook (US), Magna International (Canada), and Gentex (US) are a few of the major players in the Smart Dis...

Cable Blowing Equipment Market Size, Trends and Players Analysis 2022 - 2027

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By 2027, The   Cable Blowing Equipment Market   is anticipated to reach USD 133 million, expanding at a CAGR of 4.8%. Since fibre optic cable is typically used for both intra-data centre and inter-data centre communications, the growth of the fibre optic cable network to connect data centres is anticipated to increase demand for cable installation equipment. While enhancing speed, latency, reliability, and power consumption, fifth-generation wireless communication enables smartphones and Internet of Things (IoT) devices to support a sizable number of connections at once. Worldwide network deployment has started, the spectrum auctions are almost complete, and 5G-ready smartphones have been made available. Due to network operators' efforts to cut operating expenses, the majority of 5G advancements are currently concentrated on the business-to-consumer (B2C) market. There is an increasing need for fiber-optic interconnectivity due to the rising demand for data driven by bandwidth...

Modular Robotics Market Development Outlook, Emerging Trends and Growth Opportunities 2023

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At a CAGR of 18.0% throughout the forecast period, the   Modular Robotics Market   is anticipated to increase from USD 4.70 billion in 2018 to USD 10.76 billion by 2023. Growing investments in industrial automation and rising use of collaborative modular robots due to their features and benefits are two factors propelling the growth of the modular robotics market. In 2017, the Modular Robotics Market was dominated by ABB (Switzerland), Fanuc (Japan), Yaskawa (Japan), Kuka (Germany), and Kawasaki Heavy Industries (Japan). The main tactics used by the leading market players to seize a sizable portion of the Modular Robotics Market were product launches, alliances, and collaborations. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162980727 Top 2 Players in the Modular Robotics Market: FANUC has focused its efforts on achieving corporate stability and success as well as boosting consumer confidence in its goods and services. Reliable/Predict...

Smart Lock Market Size - Industry Statistics, Share, Analysis and Global Research Report 2027

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The   Smart Lock Market   is anticipated to grow at a CAGR of 12.9% between 2022 and 2027, from an estimated value of USD 2.1 billion in 2022 to USD 3.9 billion by 2027. The main growth tactics used by market players are product launches, acquisitions, partnerships, collaborations, strategic alliances, and expansions. By making their products available in all the key locations, they have been able to effectively meet the increasing demand for routers from end-user sectors and increase their global presence. Key Players in the Smart Lock Market are ASSA ABLOY AB (Sweden), dormakaba Group (Switzerland), Spectrum Brands, Inc. (US), SALTO Systems, S.L. (Spain), Allegion plc (Ireland), Honeywell International Inc. (US), Dahua Technology Co., Ltd (China), Samsung Electronics Co., Ltd. (South Korea), Vivint, Inc. (US), ZKTECO CO., LTD. (China), igloohome Pte Ltd (Singapore), RemoteLock (US), Onity (US), Master Lock Company LLC. (US), MIWA Lock Co. (Japan), SentriLock (US), Avent Secu...

Current Sensor Market Development, Leading Countries Analysis and Forecast till 2026

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The   Current Sensor Market   is anticipated to increase from USD 2.3 billion in 2021 to USD 3.8 billion by 2026, growing at a CAGR of 10.8% from 2021 to 2026. Growing battery-powered systems use, increased emphasis on renewable energy, widespread use of Hall-effect current sensors, and rising consumer electronics demand are some of the major drivers driving this market's growth. In the midst of COVID-19, the deployment of IoT and IIoT with current sensors and the rising production of hybrid and electric cars create a significant need for current sensors. Companies operating at various points throughout the value chain make up the key players in the current sensor market. These include Texas Instruments (US), Honeywell, Infineon Technologies, LEM International, Asahi Kasei Microdevices (AKM) (Japan), ACEINNA (US), Melexis (Belgium), Allegro MicroSystems (US), TDK Corporation (Japan), and Tamura Corp. (US). In order to increase their position in the market, many of these busine...