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Showing posts from August, 2022

Traffic Sensor Market Growth 2021 Along with Business Insights and Forecast to 2026

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The   Traffic Sensor Market   is predicted to increase at a CAGR of 7.4% over the forecast period, from a value of USD 566 million in 2021 to USD 809 million by 2026. (2021–2026). Real-time information systems are becoming more and more necessary, and government initiatives to improve transportation infrastructure are the main reasons propelling the market for traffic sensors. The deployment of multi-sensor data fusion technology for efficient traffic control, for example, could pose a significant threat to the market throughout the projection period. For the projection period, Lidar Sensor Segment is anticipated to experience the highest CAGR. During the forecast period, the CAGR for Lidar Sensor is anticipated to be higher. The market for LiDAR sensors has experienced a rise in the number of start-ups with significant R&D expenditures. Solid-state LiDARs are projected to experience considerable technical advancements and cost reductions as a result of such breakthroughs....

Modular Robotics Market Overview Business Status and Industry Trends 2023

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The market is anticipated to increase from USD 4.70 billion in 2018 to USD 10.76 billion by 2023, at a CAGR of 18.00%, according to a recent market research report entitled " Modular Robotics Market   by Robot Type (Articulated Modular Robots, SCARA Modular Robots and Collaborative Modular Robots), Industry (Automotive, Electrical and Electronic, Plastic, Rubber and Chemicals), and Geography - Global Forecast 2023". Due to its advantages and features, collaborative modular robots are becoming more and more popular, which is a factor driving the growth of the modular robotics market. By 2018, articulating modular robots will command the biggest market share. By 2018, articulated modular robots are anticipated to account for the largest portion of the modular robotics market due to their rapid acceptance in the metal and machinery and automotive industries for handling heavy metal components and sheets, respectively. Ask for PDF  @   https://www.marketsandmarkets.com/pdfdow...

Hyperloop Technology Market Size, Trends and Players Analysis 2021 - 2026

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Some factors influencing the growth of the   Hyperloop Technology Market   include the emphasis on solar power for energy consumption in the transportation technology as well as less expensive and little infrastructure maintenance. However, worries over safety and security are impeding the market's expansion for hyperloop technology. The Hyperloop Technology Market Size is anticipated to increase from USD 1.2 billion in 2021 to USD 6.6 billion by 2026, growing at a CAGR of 40.4% over that time. During the projected period, the guide way segment will hold the biggest market share for hyperloop technology. There are tubes and switches on the guideway. A cylindrical steel tube that has been partially emptied forms the hyperloop route. The distance between the concrete pylons and the tube, which varies slightly depending on the site, is about 30 metres. The tube is erected on top of the pylons. The tube's diameter allows for the best possible airflow around the capsule, which...

Pre-Shipment Inspection Market Top Growing Companies Analysis and Segmentation Outlook till 2023

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The   Pre-Shipment Inspection Market   is expected to reach USD 14.83 Billion by 2023 from USD 11.60 Billion in 2018, growing at a CAGR of 5.04% between 2018 and 2023. The growth of this market is mainly driven by the growing consumer spending and ongoing rapid urbanization in emerging markets, increasing incidents of product recalls across the world, and surging counterfeiting and piracy activities. Export goods held a larger share of the Pre-Shipment Inspection Market in 2017 There has been an increase in the number of product recalls due to faulty components and parts. Such incidents are on the rise than ever before due to use of sub-standard parts and materials. Moreover, the electronics, capital goods, and luxury goods industries have to adhere to stringent quality standards, thereby increasing the need for pre-shipment inspection for export goods. Pre-Shipment Inspection Market for outsourced services is expected to grow at the highest CAGR during the forecast period Man...

Precision Forestry Market Overview Business Status and Industry Trends 2024

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The   Precision Forestry Market   had a 2019 value of USD 3.9 billion and is anticipated to grow to USD 6.1 billion by 2024, at a CAGR of 9.0%. The rise in construction activities, the rising demand for lumber from sawmills, the declining cost of forestry mapping technologies, the prevention of illegal logging and deforestation, and the increasing government support for the digitalization of forest management are all factors that have contributed to the precision forestry market's rapid growth. By increasing the productivity and cost-effectiveness of conventional forestry operations, precision forestry has the potential to revolutionise the forestry sector. Additionally, government programmes in many nations are assisting in the adoption of cutting-edge technologies and equipment by foresters for site-specific management of the forest. In the upcoming years, it is anticipated that the cost of precision forestry technology would reduce, mostly due to the falling costs of key ha...

Solid State Battery Market 2022 In-Depth Research Framework Covering Historical and Forecasted Statistics By 2028

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The   Solid State Battery Market   Size is projected to increase from USD 58 million in 2022 to USD 314 million by 2028; over the forecast period, it is anticipated to rise at a CAGR of 32.5%. The market for solid state batteries is expanding as a result of factors such the expanding demand for these batteries in electric cars, the trend toward smaller consumer devices, and the expansion of big corporations' R&D efforts. In addition to supporting cutting-edge consumer electronics like mobile phones and laptops, solid-state batteries are being used in cutting-edge applications like energy harvesting and wearable technology. In the worldwide solid state battery industry, single-cell batteries will hold a bigger market share. During the anticipated period, the single-cell battery category is anticipated to dominate the solid state battery market. Since more than a decade ago, single-cell batteries, often referred to as thin-film batteries, have been in use. They are chosen ab...

Automated Test Equipment Market Development Outlook, Emerging Trends and Growth Opportunities 2027

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By 2027, the   Automated Test Equipment Market   is anticipated to rise from USD 7.0 billion in 2022 to USD 8.8 billion, expanding at a CAGR of 4.7%. The COVID-19 pandemic's quick outbreak and extensive distribution have hampered market growth, and this pattern is anticipated to last until the world's broken supply networks return to normal. Due to the closing of factories and the delay of logistical operations, the semiconductor sector had a supply deficit in the final few months of 2020. However, due to an increase in semiconductor fabrication methods, a quick rebound is anticipated in the post-pandemic phase. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=237275050 The projection period will see the highest CAGR for printed circuit board testing. Any electrical circuit must have a printed circuit board (PCB), which is a fundamental part. Multiple layers and the expanding usage of surface-mount components have made PCBs more complex. Th...

Smoke Detectors Market Demand, Key Players, Overview, Supply and Analysis 2027

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At a CAGR of 8.2%, the   Smoke Detectors Market   Size is predicted to increase from USD 2.3 billion in 2022 to USD 3.4 billion by 2027. The main drivers influencing market growth include the rise in government initiatives and support for smoke detectors, as well as the benefits of technological advancement in smoke detectors. The key companies involved in the smoke detector market are Carrier Global Corporation (US), Honeywell International Inc. (US), HOCHIKI Corporation (Japan), Johnson Controls International plc. (US), and Siemens AG. These companies operate at various points throughout the smoke detector's value chain (Germany). To strengthen their position in the international market, these businesses have implemented a variety of growth tactics, such as acquisition and new product launches. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162940771 One of the top manufacturers of smoke detectors is Honeywell International Inc. It occu...

Terahertz Technology Market Intelligence, Prescriptive Research, Execute Growth Opportunities 2027

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The   Terahertz Technology Market   was estimated to be worth USD 0.6 billion in 2022 and is anticipated to grow to USD 1.2 billion by 2027, at a CAGR of 14.7%. The Terahertz Technology Market is expanding as a result of increased demand for Terahertz Technology in the medical industry and strict government requirements for public safety and homeland security. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=71182197 By Application: Terahertz imaging and spectroscopy laboratory research will fuel market expansion. Research and development (R&D) efforts are routinely carried out on the Terahertz Technology that is utilised to produce imaging and spectroscopy goods. In laboratory research, researchers are able to identify the variables, precisely specify the sequence of manipulations and protective measures, and then deliver the study in the desired order with a high response rate and relative attention. Researchers can deliberately opera...

GIS Market Size, Scope, Growth Opportunities, Trends by Manufacturers and Forecast to 2025

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At a CAGR of 12.4% from 2020 to 2025, the   Geographic Information System (GIS) Market   Size is anticipated to increase from USD 8.1 billion in 2020 to USD 14.5 billion by that year. Smart city development and urbanisation, business intelligence technology integration with geospatial technology, and the use of GIS solutions in the transportation industry are a few of the major reasons boosting the market's expansion. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55818039 One of the leading participants in the GIS market is Environmental Systems Research Institute, Inc. (Esri) (US), along with Hexagon AB (Sweden), Trimble Inc., Pitney Bowes Inc., Autodesk Inc., Topcon Corporation (Japan), Maxar Technologies Inc., Caliper Corporation, and Bentley Systems, Inc. With numerous large and small market competitors, the GIS market is extremely competitive. Some of the key tactics used by the players to expand in the GIS market include new produc...

Clean in Place Market with Current and Future Growth Analysis by Forecast From 2018 - 2023

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At a CAGR of 15.49%, the   Clean in Place Market   is anticipated to increase from USD 7.5 billion in 2018 to USD 15.4 billion by 2023. The advantages of CIP systems in many applications, increased usage of CIP systems in the pharmaceutical industry, and high demand for processed and convenience foods, dairy products, as well as drinks, are the primary drivers of this market's growth. By 2023, reusing CIP systems will command the highest portion of the clean-in-place market. The Clean-in-Place Market in 2018 was dominated by reuse CIP systems, and from 2018 to 2023, the market for these systems is anticipated to develop at a faster CAGR. The reuse system recycles cleaning detergents and water from a previous cycle to be used in the pre-rinse step of the following cycle, in contrast to the single-use CIP system where water and cleaning solutions are used only once before disposal. The cleaning solution is therefore introduced to the plant to be cleaned and recirculated as neces...

Flexible Battery Market Analysis of Key Players, Growth Status and Outlook 2025

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Flexible batteries are designed to be flexible, lightweight, and compact to fit in miniaturized devices. These batteries can be cut, rolled, and customized into different sizes and shapes to be incorporated into products of any shape without any loss of efficiency. Thin-film batteries and printed batteries fall under the category of flexible batteries owing to their flexibility, compactness, thinness, and lightweight, as well as a unique manufacturing process. The   Flexible Battery Market   is projected to grow from USD 98 million in 2020 to USD 296 million by 2025; it is expected to grow at a CAGR of 24.7% from 2020 to 2025. Factors such as the growing demand for flexible batteries for use in wearables, increasing use of thin and flexible batteries in flexible electronic devices, ongoing miniaturization of electronic devices, surging demand for flexible batteries in IoT applications, and increasing use of flexible batteries in medical devices to treat COVID-19 patients are d...

Industrial Sensors Market 2021 Explosive Factors of Revenue by Industry Statistics, Size by 2026

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The   Industrial Sensors Market   is anticipated to increase from USD 20.6 billion in 2021 to USD 31.9 billion in 2026, at a compound annual growth rate (CAGR) of 9.1%. Industrial 4.0 and IIoT are two major trends driving this market's expansion, along with increased wearable device demand for smart sensors and technological developments in industrial sensors. In the midst of COVID-19, there is a significant demand for industrial sensors for effective industrial operations due to predictive maintenance's potential to provide lucrative opportunities to market players and the growing demand from automobile manufacturers to deliver improved safety and comfort for smart sensors. Companies operating at various stages of the value chain make up the key players in the industrial sensors market. These companies are Siemens, incorporated (Germany), Rockwell Automation (US), Honeywell International (US), Texas Instruments (US), Panasonic Corporation (Japan), STMicroelectronics (Switzerl...

Flexible Electronics & Circuit Market Business Overview, SWOT Analysis, and Forecast to 2026

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At a projected CAGR of 8.8% from 2021 to 2026, the Flexible Electronics Market Size is expected to grow from an estimated USD 31.9 billion in 2021 to USD 48.5 billion by 2026. The   Flexible Electronics & Circuit Market   is expanding due to reasons including the rising demand for consumer electronics and the lower production costs compared to rigid substrates. Some of the major players in the flexible electronics & circuit market include Samsung Group (South Korea), LG Corp. (South Korea), Panasonic Corporation (Japan), The 3M Company (US), Konica Minolta Inc. (Japan), First Solar, Inc. (US), E Ink Holdings (Taiwan), PragmatIC Printing Ltd. (UK), Blue Spark Technologies, Inc. (US), and BrightVolt Technologies (US). To maintain their position in the Flexible Electronics & Circuit Market, these players have implemented a variety of growth methods, including new launches and developments, agreements, acquisitions, expansions, and partnerships. From January 2017 to Ja...

Quantum Dots Market Analysis by Size, Share, Growth, Trends, Revenue and Forecast by 2026

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The   Quantum Dots Market   is anticipated to reach USD 8.6 billion by 2026 at a CAGR of 16.2% from an estimated value of USD 4.0 billion in 2021. One of the key drivers for the expansion of the quantum dot market globally is the rising demand for quantum dots in display devices, their advantages over conventional displays, and their application in a variety of goods, including lasers, solar cells, and LEDs. Samsung Electronics (South Korea), Nanosys (US), Nanoco Group (UK), NNCrystal US Corporation (US), and QD Laser are the Major Market Participants with a Significant Global Presence in the Quantum Dot Market (Japan). To strengthen their position in the quantum dot market, the corporations have used a variety of techniques, including the creation of cutting-edge goods, partnerships, collaborations, and acquisitions. The market participants have been able to expand globally with the use of cutting-edge product offerings in the Quantum Dot Market thanks to organic and inorgani...