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Showing posts from March, 2023

The Role of Smoke Detectors Market in Retail Industry

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The   Smoke Detectors Market   is anticipated to expand at a CAGR of 8.2% between 2022 and 2027. The market is anticipated to reach USD 3.4 billion by 2027 from an estimated USD 2.3 billion in 2022. Increased government initiatives and support for smoke detector installation, as well as rising fire-related spending by various businesses, are the main drivers of this growth. Government agencies' mandated installation of smoke detectors in coaches, buses, and speciality vehicles also helps the market expand. Battery-powered holds the largest market share in 2021 The market share leader in 2021 will be smoke detectors that operate on batteries. These detectors are well-liked because of how simple they are to install and how well they work in power outages. Lithium-ion batteries used in sealed battery smoke detectors have a longer lifespan of up to 10 years. These detectors frequently include DIY instructions as well. Demand for battery-powered smoke detectors is rising across a r...

Breaking Boundaries: The Flexibility of the Flexible Battery Market

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The   Flexible Battery Market   is anticipated to rise significantly, according to a recent MarketsandMarkets analysis. According to the analysis, the market is anticipated to increase at a compound annual growth rate (CAGR) of 24.7% between 2020 and 2025, reaching an estimated market value of USD 296 million. The rising need for flexible batteries in products like medical devices and intelligent packaging is responsible for the market's expansion. The market has also been impacted by the COVID-19 pandemic, with a change in emphasis towards remote monitoring and diagnostic devices that require flexible batteries. Flexible batteries with thin films and printed electrodes are anticipated to be the most extensively utilised, with primary and secondary rechargeable batteries following closely after. According to the analysis, the flexible battery market is predicted to have a profitable growth potential throughout the forecast period. The above 3V segment of the flexible batt...

The Role of Ultra-Wideband Market in Industrial Internet of Things (IIoT)

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In the coming years, the   Ultra-Wideband (UWB) Market   is anticipated to increase significantly, according to a recent analysis by MarketsandMarketsTM. According to the analysis, the market will expand at a 19.6% compound annual growth rate (CAGR) from USD 1.1 billion in 2020 to USD 2.7 billion by 2025. The main drivers of the growth of the UWB market are highlighted as the expanding demand for UWB technology in Real-Time Location Systems (RTLS) applications, the growing deployment of this technology in mobile devices, and the rising use of the Industrial Internet of Things (IIoT). The UWB market is further segmented in the study according to application, positioning system, vertical, and geographic factors. Healthcare, automotive & transportation, manufacturing, consumer electronics, residential, and retail are some of the verticals. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=200905786 UWB market for outdoor positioning systems...

Rising Awareness about Benefits of Geographic Information System Market in Agriculture to Drive Industry Growth

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The   Geographic Information Systems (GIS) Market   Size is anticipated to reach USD 14.5 billion by 2025, rising at a Compound Annual Growth Rate (CAGR) of 12.4% between 2022 and 2025, according to a recent market research study by MarketsandMarketsTM. The development of smart cities and urbanisation, the incorporation of geospatial technology with established technologies for business intelligence, and the adoption of GIS solutions in the transportation industry, according to the report, are some of the major factors driving the growth of the global GIS market. Besides from offering (hardware, software, and services), function (mapping, surveying, telematics and navigation, and location-based services), industry, and geography, the study also identifies the GIS market as being segmented. According to a survey, the mapping feature accounted for the highest portion of the worldwide GIS market in 2020. Construction, infrastructure, defence and security, transportation, agricult...

The Growing Popularity of Smart Lock Market: A Industry Analysis

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Between 2021 and 2027, the   Smart Lock Market   is anticipated to expand significantly, propelled by rising security and safety concerns, a rise in the use of smartphones and other connected devices, and the advantages that smart locks have over conventional lock systems. The market is divided into segments based on the locking mechanism (keypad, card keys, touch-based), communication protocol (Bluetooth, WiFi), lock type (deadbolt locks, lever handles), vertical (residential, commercial), and geography. Due to the rising demand for home automation and the expanding trend of smart houses, the residential sector is anticipated to account for the greatest share of the market. The market's highest share is anticipated to belong to North America, followed by Europe and Asia Pacific. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=82787906 Which industry will impact heavily in the future by Smart Lock Market Future industry impacts from the Sm...

Industrial Sensors Market: Enhancing Safety, Efficiency and Productivity

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The   Industrial Sensors Market   Share is anticipated to reach USD 20.6 billion in 2021 and is projected to increase to USD 31.9 billion by 2026, with a Compound Annual Growth Rate (CAGR) of 9.1% from 2021 to 2026, according to the Industrial sensors market analysis. The Industrial Internet of Things (IIoT), Industrial 4.0, the increased use of force sensors in the vehicle manufacturing industry, and the rising need for industrial robots are all factors contributing to the market growth. Due to advances in sensor technology, industrial sensors are increasingly being utilised to monitor and manage production processes and machinery across a variety of industries. According to the report, the market for industrial sensors will expand over the next few years as a result of the rising need for automation as well as reliable, real-time data monitoring and control. Level sensors, temperature sensors, flow sensors, position sensors, pressure sensors, moisture and humidity senso...

A Closer Look at the Global Silicon Battery Market: Trends and Forecast

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The   Silicon Battery Market   Size is anticipated to increase at a CAGR of 49.5% from USD 55 million in 2023 to USD 414 million by 2028. The popularity of silicon batteries, which contain silicon anodes, is rising as a result of their superior energy density and capacity compared to traditional lithium-ion batteries. These batteries are portable, durable, and suitable for a variety of uses, including electric cars and personal electronics. The market for silicon batteries is expanding as a result of the rising demand for high-performance batteries. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=38224258   The market for 3,000-10,000 mAh is expected to grow at a highest CAGR during the forecast period According to a recent analysis, the market for batteries between 3,000 and 10,000 mAh is anticipated to increase at the greatest CAGR during the forecast period. This battery line is adaptable and can be utilised in a variety of setting...

Industrial Valves Market by Material, Type, Size, and Application: A Detailed Analysis

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According to a study by MarketsandMarkets, the   Industrial Valves Market   is anticipated to expand at a CAGR of 4.4% between 2023 and 2028. According to the analysis, the market is expected to reach USD 99.8 billion by 2028 from an anticipated USD 80.4 billion in 2023. The need for industrial valves in the oil and gas and energy & power sectors is rising, as is the need for smart valves and the desire for technologically sophisticated valves, all of which are driving the market's expansion. However, factors including the high cost of valves and the availability of substitute technologies are anticipated to impede market expansion. The research includes a thorough analysis of the market dynamics, opportunities, and challenges. It offers insights into the market by function, material, type, component, size, end-user, and geography. According to a MarketsandMarkets analysis, the COVID-19 pandemic has increased demand for valves in the healthcare and pharmaceutical indu...

Exploring the Rapidly Expanding AI in Computer Vision Market

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A thorough overview of the global market for computer vision systems powered by AI is provided in the   AI in Computer Vision Market   research. According to components, machine learning models, functions, applications, end-use industries, and geographical areas, the market is divided into segments in the report. The increasing demand for quality inspection and automation, the rising need for ASICs and government initiatives to support industrial automation and the integration of AI into edge devices, as well as the rising demand for computer vision systems in non-traditional and emerging applications, are all major factors driving the growth of the AI in computer vision market, according to the report. Key Players The AI in Computer Vision Market is dominated by players such as NVIDIA Corporation (US), Intel Corporation (US), Microsoft (US), IBM Corporation (US), Qualcomm Technologies Inc. (US), and others. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdo...