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Showing posts from October, 2022

Lithium-ion Battery Market Key Manufacturers, Competitive Analysis and Forecast 2031

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The   Lithium-Ion Battery Market   Size is expected to grow from USD 44.5 billion in 2022 to USD 135.1 billion by 2031, at a CAGR of 13.1%. The rising adoption of Lithium-Ion Batteries in plug-in vehicles and growing advancement in smart electronic devices are the key factors driving the growth of the Lithium-Ion Battery Market. The Key Players Operating in the Lithium-Ion Battery Market include the major players which operates in different stages in the entire value chain of lithium-ion battery; these players are LG Chem, SAMSUNG SDI CO. LTD., Contemporary Amperex Technology Co., Limited, BYD Company Ltd., and Panasonic Holdings Corporation. These players have adopted various growth strategies such as acquisition, collaboration, partnership, joint venture, agreement, contract, and new product launches to increase their presence in the global market. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=49714593 LG Chem is an established manufacturer of batte

Solid State Battery Market Analysis, Growth, Review and Forecast 2028

Single-cell batteries to hold larger market share in Solid State Battery Market The Single-cell battery segment is expected to lead the  Solid State Battery Market  during the forecast period. Single-cell batteries—also known as thin-film batteries—have been existing for more than a decade. Single-cell batteries are preferred for use in miniature devices. Manufacturers designing portable products with limited internal space prefer to use micro batteries over conventional batteries to overcome safety concerns and to increase battery life. Thin-film batteries are widely used in applications such as smart packaging, smart cards, wearable devices, and medical devices. The trend of the miniaturization of electronic devices has increased the demand for thin-film solid state batteries, thus propelling the growth of the single-cell battery market significantly. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=164577856 Medical devices application to account for

Shortwave Infrared (SWIR) Market Noticeable Growth, Size, Share, Forecast 2027

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The   Shortwave Infrared (SWIR) Market   is anticipated to increase from USD 166 million in 2021 to USD 277 million by 2027; over the anticipated period, it is anticipated to develop at a CAGR of 8.9%. The SWIR market is dominated by and growing rapidly due to the primary applications of security and surveillance, monitoring, and inspection. To improve their market position, the major players in the SWIR industry have mostly used alliance and contract methods. In June 2021, Collins Aerospace (US) and Airbus (Netherlands) will collaborate to provide enhanced passenger service units for the next Airbus A320 family. The US Army will get FLIR Black Hornet 3 Personal Reconnaissance Systems (PRS) from Teledyne FLIR in May 2021. It is a cutting-edge nano-drone used for surveillance. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52975079 The leading companies in the SWIR market include Teledyne FLIR (US), Collins Aerospace (US), Xenics (Belgium), New Imaging

Digital Holography Market Key Trends, Applications & Future Developments 2024

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The   Digital Holography Market   is anticipated to develop at the highest CAGR of 19.8%, from USD 2.2 billion in 2019 to USD 5.4 billion in 2024. Rising demand for digital holography in industrial and commercial applications, expanding use of the technology for security in the financial sector, and expanding usage of digital holography microscopes for accurate measurements are the main factors driving the market's expansion. Additionally, underlying opportunities for the digital holography market include latent demand from APAC nations, including China, Japan, and South Korea, as well as future demand for holographic displays for near-eye applications. The high price of digital holographic products is a significant market limitation. The Digital Holography Market has significant challenges from computational complexity in hologram acquisition and reconstruction as well as low levels of technology awareness in the market. Software sales will expand at a faster CAGR during the proje

Body Area Network Market Growth Analysis, Emerging Trends and Forecast 2024

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It is anticipated that the   Body Area Network Market   would expand from USD 9.1 billion in 2019 to USD 15.8 billion by 2024, with a compound annual growth rate (CAGR) of 11.7%. Major market drivers include the rising popularity of smart gadgets for tracking physical fitness and their affordable availability. IoT use in healthcare applications and the use of innovative technology to cut down on rising healthcare costs present market opportunities. During the anticipated time, wearable technology will account for a large portion of the body area network market. The body area network market is anticipated to be dominated by wearable technology. This is mostly due to the quick increase in smartwatch and smart band adoption for sports and fitness applications across numerous nations. These gadgets assist users in tracking their daily activities, such as steps and distance travelled while walking and jogging. These fitness monitoring devices can compute and provide accurate information on

Smoke Detector Market Top Players, Emerging Technologies, Current Trends and Forecast 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 (Germany). These companies operate at various points throughout the smoke detector's value chain. 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 occupies a pro

Industrial Sensors Market Noticeable Growth, Size, Share, Business Opportunities, Forecast 2026

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The   Industrial Sensors Market   is anticipated to reach USD 31.9 billion by 2026, expanding at a CAGR of 9.1% over that time. Increasing Industrial 4.0 and IIoT usage in manufacturing, soaring demand for wearables with smart sensors, and technological developments in industrial sensors are just a few of the key factors driving this market. One of the significant prospects for the growth of the industrial sensor market is the rising demand from automakers for smart sensors that provide greater safety and comfort. Major Tier I vendors including Rockwell Automation (US), Honeywell International (US), Texas Instruments (US), Panasonic Corporation (Japan), STMicroelectronics (Switzerland), TE Connectivity (Switzerland), and Siemens AG lead the industrial sensors market (Germany). The manufacturing locations of these suppliers are dispersed over a number of nations in Asia Pacific, Europe, North America, South America, and the rest of the world. Level's sensors are anticipated to hold

Hyperloop Technology Market Overview, Application and Forecast 2026

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At a CAGR of 40.4%, the   Hyperloop Technology Market   is anticipated to increase from USD 1.2 billion in 2021 to USD 6.6 billion by 2026. Reduced travel times and transportation costs, less expensive and minimal infrastructure upkeep, the creation of a hyperloop network requiring less land area, resilience to earthquakes and other natural disasters, and a focus on solar power for energy consumption are the main factors propelling the hyperloop technology market. However, the lack of public awareness of hyperloop transportation technology, the lack of government and bureaucratic regulation of hyperloop transportation technology, and safety and security issues are predicted to impede market expansion. According to reports, Guideway dominates the market for Hyperloop technology. Due to the rising number of elevated structures being built dependent on the topography of the tracks, Guideway is expected to hold a significant portion of the market in the upcoming years. Download PDF Brochur

Specialty Lighting Market Analysis & Growth Forecast 2024

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The   Specialty Lighting Market   is anticipated to grow at a CAGR of 5.9% from 2019 to 2024, from USD 5.4 billion in 2019 to USD 7.2 billion in 2024. Numerous live music events and concerts, strict government rules for surface, air, and water disinfection, the growing acceptance of surgical illumination for both minor and large surgical procedures, and the declining cost and expanding use of LEDs are the main factors driving the market's growth. The growing demand for ultrapure water from end-use industries and promising futures in new applications are underlying opportunities for the specialty lighting market. The notion of a higher installation cost and a lack of knowledge about payback times are major market limitations. The Specialty Lighting Market is faced with a significant obstacle in the form of false beliefs about UV purifying systems. Signify Holding (Signify, Netherlands), OSRAM Licht AG (OSRAM, Germany), Cree, Inc. (CREE, US), Ushio, Inc. (USHIO, Japan), Advanced Spec

Reed Sensor Market Growth, Trend Analysis and Forecast 2023

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From 2018 to 2023, the   Reed Sensor Market   for robotics and automation applications is anticipated to develop at the fastest CAGR. Reed sensors are utilised in a variety of robotics and automation applications, including robotic arm movement (pick and place), visual indication (alert), monitoring liquid flow and level, inventory management systems, and equipment igniting systems. Reed sensors are employed as proximity sensors to regulate conveyor speed, location, and angle for robotic motion. The reed sensor industry is expanding as a result of increased production automation. At a CAGR of 7.40% from 2018 to 2023, it is anticipated that the global market for reed sensors would increase from USD 1.49 billion in 2017 to USD 2.30 billion by 2023. Reed sensors provide a number of benefits, including straightforward and dependable sensing and actuation capabilities, cheap operating costs, little power consumption, and the ability to operate safely in tough industrial conditions, all of w

Selective Laser Sintering Equipment Market Major Players and Forecast 2023

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The   Selective Laser Sintering Equipment Market   is expected to grow at a CAGR of 22.8% from 2018 to 2023, while the market for equipment, including SLS and DMLS, is anticipated to grow at a CAGR of 27.5% over the same period. The market is expected to reach USD 339.5 million in 2018 and USD 947.4 million by 2023. In end-user industries such consumer goods, automotive, aerospace & aeronautics, machinery & equipment, healthcare & medical devices, and art & fashion, where SLS equipment is used to create prototypes, there is a growing demand for SLSL equipment, which is driving the market growth.  In 2017, nylon-based SLS equipment dominated the market for SLS equipment as a whole. Nylon accounted for the biggest market share of all material-based SLS equipment in 2017, but metal-based SLS equipment is predicted to increase at the quickest rate over the next years. The consumer products and automotive industries make substantial use of nylon-based SLS equipment, which is

Wearable Sensors Market Overview and SWOT Analysis 2022

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The   Wearable Sensors Market   is anticipated to increase at a CAGR of 30.14% from 2016 to 2022, from USD 189.4 million in 2015 to USD 1,654.0 million. The development of smaller, smarter, and less expensive sensors, the trend toward miniaturisation in sensors, and the growing advantages of wearable technology in the healthcare industry are the main drivers propelling the growth of the wearable sensors market.          During the forecast period, accelerometers are anticipated to account for a sizable portion of the market for wearable sensors. One of the most common sensors in the market for wearable sensors is the accelerometer. Wearable devices like wristbands, bodywear, and eyewear are some of the notable wearable technology applications for this sensor. Compared to other end-user industries, the demand for wristwear is higher in the medical, healthcare, and consumer electronics sectors. It is common practise to employ accelerometer sensors to identify motion, position, shock, and

Chemical Mechanical Planarization Market Share, Trends, Growth, Top Manufacturers and Forecast 2022

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The   Chemical Mechanical Planarization Market   is expected to grow at a CAGR of 6.83% between 2015 and 2020 and reach $4.94 Billion by 2020.           The Chemical Mechanical Planarization is a critical process technology step in the semiconductor wafer fabrication process. In this process step, the top surface of the wafer is polished or planarized to create a flawless flat surface that is essential to make faster and more powerful semiconductor devices with the aid of chemical slurry & mechanical movements. The CMP tool is comprised a rotating platen, slurry, pad, holding ring, brush, and pad conditioner. The mechanical element of this system applies downward pressure to a wafer surface, while the chemical reaction increases the material removal rate. The value chain of the CMP market consists of different players, including semiconductor material suppliers, CMP integrated solution providers, semiconductor wafer suppliers, semiconductor device manufacturers, slurry & pad ma

Nickel Cadmium Battery Market Latest Innovation, Upcoming Trends, Top Companies and Forecast 2027

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The   Nickel Cadmium Battery Market   Size is projected to grow from USD 1.4 Billion in 2022 to USD 1.6 Billion by 2027 at CAGR of 2.8% during the forecast period. The Nickel Cadmium Battery is a type of rechargeable battery, which uses nickel and cadmium as electrodes. The battery is abbreviated as Ni-Cd and is available in different sizes and shapes. The Nickel Cadmium Battery is used in a wide range of applications in various industries, which include aerospace and defense, automotive & transportation, consumer electronics, healthcare, industrial, and marine. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55066890 The market for M range batteries is expected to grow at the highest CAGR during the forecast period. The M Range Nickel Cadmium Batteries are designed for applications where the battery can sustain electrical loads between 30 minutes to 3 hours. These batteries are used for mixed-load applications and the capacity of the battery usuall

Lithium-ion Battery Market Growth, Manufacturers, Dynamics, Overview, Revenue 2031

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The   Lithium-Ion Battery Market   Size is anticipated to reach USD 135.1 billion by 2031, at a projected CAGR of 13.1%, from an estimated USD 44.5 billion in 2022. Lithium-ion batteries are widely used in plug-in vehicles, and the market demand for these batteries is also being driven by the rapid growth of smart electronic devices. Additionally, lithium-ion battery producers are putting a lot of effort into product development, which is anticipated to drive market expansion throughout the course of the forecast period. The second-largest market share is held by lithium nickel manganese cobalt oxide in 2021. The Lithium-Ion Battery Market's section for lithium nickel manganese cobalt oxide was valued at USD 9.8 billion in 2021. Due to Li-extremely NMC's low self-heating rate, it is being used in electric vehicles more frequently, which is responsible for the segment's rise. Other applications for it include power tools, medical devices, and other electric drivetrains. Li-N

Parcel Sortation Systems Market Share, Growth, Trends, Revenue, Competitive Landscape and Forecast 2023

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The   Parcel Sortation Systems Market  was valued at USD 1.21 billion in 2017 and is projected to reach USD 2.05 billion by 2023, growing at a CAGR of 9.3%. The rise in labour expenses, increased industrial automation, and expansion of e-commerce are driving the Parcel Sortation Systems Market. The Parcel Sortation Systems Market is seeing rapid growth due to factors including the expansion of parcel sorting systems' applications and the incorporation of Industry 4.0 and IoT. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=131502194 Between 2018 and 2023, the Parcel Sortation Systems Market is anticipated to be dominated by hardware. In 2017, hardware accounted for the greatest portion of all products sold in the Parcel Sortation Systems Market. The advancements in sensor, processor, and diverter technology, which led to an increase in the capability of parcel sortation systems in terms of volume and parcel qualities, are responsible for hardware