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Showing posts from October, 2023

Surface Roughness Measurement Market: Pioneering Quality at $998 Million

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The   Surface Roughness Measurement Market   will rise significantly from 2019 levels of USD 766 million to USD 998 million by 2025. During the projected period, this anticipated expansion is anticipated to happen at a compound annual growth rate (CAGR) of 4.5%. The demand for accurate and effective surface measurement solutions is rising across a number of industries, including manufacturing, the automotive, and the aerospace sectors. Surface roughness measurement is a crucial step in modern manufacturing and engineering processes since it helps ensure product quality and the necessary performance. The upward trend of the market highlights the significance of precise and trustworthy surface measurement methods across sectors. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=135994327   The market for noncontact technique to grow at the highest CAGR during 2019–2025 During the anticipated period, the market for noncontact methods of me...

Monolithic Microwave IC Market Road to $17.0 Billion in 2027

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The global   Monolithic Microwave IC (MMIC) Market   has experienced significant growth. The market had a value of USD 9.7 billion in 2022 and is expected to grow at a rate of USD 17.0 billion by 2027. During the predicted period, which runs from 2022 to 2027, this tremendous expansion is characterised by a Compound Annual Growth Rate (CAGR) of 11.9%. The rising need for parts like power amplifiers, Low-Noise Amplifiers (LNA), and switches across numerous applications, including automotive and aerospace and defence (A&D), is fueling the expansion of the MMIC market. Additionally, the market is expanding rapidly as a result of improvements in material types like Gallium Arsenide (GaAs), Indium Phosphide (InP), and Gallium Nitride (GaN), as well as developing technologies like Metal-Semiconductor Field-Effect Transistor (MESFET) and High Electron Mobility Transistor (HEMT). The importance of MMIC technology in allowing novel and high-frequency applications across severa...

Countering the Heat: A Look at the Growing $60.9 Million Heat Stress Monitor Market

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With an anticipated value of USD 43.3 million in 2018, the global   Heat Stress Monitor Market  has demonstrated a noteworthy trajectory. With predictions to reach USD 60.9 million by 2023, showing a Compound Annual Growth Rate (CAGR) of 7.07% during the five-year period from 2018 to 2023, projections show that it is expected to increase significantly. The demand for heat stress monitoring solutions is on the rise, which can be due to increased awareness and concern about heat-related health concerns in numerous industries. The market for heat stress monitors is poised for significant growth as businesses prioritise employee health and adherence to safety standards. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=49311341 Two important aspects are principally responsible for the market expansion for heat stress monitors. First, there has been a discernible increase in the use of heat stress monitoring technologies in the fields of athletic...

Valve Technology Revolution: Driving the Industrial Valves Market to $99.8 Billion

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The " Industrial Valves Market   by Type, Material, Component, and Function - Global Forecast to 2028" study offers information about the international market for industrial valves. The market is anticipated to reach an estimated value of USD 80.4 billion in 2023, with a projected CAGR of 4.4%. By 2028, the market is anticipated to have grown to a value of USD 99.8 billion. The paper sheds light on how this crucial industry is changing, with an emphasis on the upward trajectory it is expected to take in the next years. It does this by examining various types of industrial valves, the materials utilised, components employed, and their functions. A number of crucial elements are basically driving the huge rise of the industrial valves market. The soaring need for valves in the pharmaceutical and healthcare industries, where precise control over operations is essential, is one of the main factors. Additionally, process industries are turning more and more of their attention to a...

Future-Ready: Adapting to the 7.91 Billion USD Electric Enclosure Market Potential

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A recent analysis by MarketsandMarketsTM forecasts strong growth for the   Electric Enclosure Market . By 2023, the market is expected to grow from USD 6.15 billion in 2018 to USD 7.91 billion, representing a Compound Annual Growth Rate (CAGR) of 6.27%. This anticipated expansion is due to a number of factors, including improvements in industrial automation, the need for secure and safe electrical infrastructure, and rising demand from various industry sectors, including power generation, oil and gas, metals and mining, medical, pulp and paper, food and beverage, and transportation. In order to satisfy the growing need for electric enclosures that guarantee the effectiveness and safety of electrical components in a variety of applications, the market is changing. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6953934 Several important reasons are strongly driving the Electric Enclosure Market's anticipated expansion. First, the growing demand ...

On the Horizon: Trends Shaping the $2.8 Billion Parcel Sortation System Market by 2028

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With an estimated value of USD 2.8 billion by 2028, compared to USD 2.0 billion in 2023, the   Parcel Sortation System Market   is anticipated to have significant growth, registering a Compound Annual Growth Rate (CAGR) of 7.0% from 2023 to 2028. This expansion is related to the growing use of various sortation devices, including tilt tray sorters, pop-up sorters, shoe sorters, and cross belt sorters. The market offers a full solution for effective parcel sorting with products in terms of hardware, software, and services. Logistics and e-commerce are two major applications fueling this market's expansion, emphasising the critical role parcel sortation systems play in improving supply chain and distribution operations in these industries. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=131502194 Due to a number of important considerations, the Parcel Sortation System Market is expanding rapidly. An important driving force behind the ne...

HIPPS Market Landscape: Mapping the $670 Million Journey by 2027

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The   High Integrity Pressure Protection System (HIPPS) Market  has seen strong development, with sales expected to reach USD 670 million by 2027, after hitting USD 484 million in 2022. During the projection term, this trend implies an outstanding Compound Annual Growth Rate (CAGR) of 6.7%. A number of reasons, including the growing understanding of the significance of high integrity pressure protection systems in upholding operational safety across industries, are driving the market's expansion. The positive forecast for the HIPPS market's rise in the upcoming years is also influenced by technological developments and an increasing focus on maintaining safe and effective operations. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=249295352 Strict government laws designed to ensure safety and security in manufacturing facilities have a substantial impact on the expansion of the High Integrity Pressure Protection System (HIPPS) business. Th...

Laser Marking Market Dynamics: Driving Towards $4.1 Billion in 2027

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The   Laser Marking Market  is predicted to expand significantly, rising from USD 2.9 billion in 2022 to USD 4.1 billion by 2027, representing a strong compound yearly growth rate (CAGR) of 7.2% throughout the forecast period. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167085735    This growth trajectory is influenced by a number of variables, including the rising need for laser marking in a variety of sectors, including machine tools, semiconductors and electronics, and the automobile industry. The expansion of laser types such fibre lasers, diode lasers, solid-state lasers, CO2 lasers, and UV lasers, which enables a wide range of applications and provides flexibility and precision in marking different materials, is one of the key determinants. Speak to Analyst @   https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=167085735    Due to laser markers' improved performance when compared to conventional m...

AGM Battery Market on the Rise: Anticipating $13.9 Billion by 2025

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According to projections, the   Absorbent Glass Mat (AGM) Battery Market  would rise significantly, rising from USD 10.2 billion in 2019 to USD 13.9 billion by 2025. The compound annual growth rate (CAGR) for this growth is a noteworthy 5.3%. The upward trend in market value reflects the rising usage and demand for AGM batteries, which is fueled by factors including technological developments and the expanding demand for dependable and efficient energy storage solutions. AGM batteries are anticipated to play a critical role in meeting these demands and contributing to the market's overall growth as businesses and consumers place a higher priority on energy sustainability and look for more effective power solutions. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113887664 Numerous advantages that come with AGM batteries are expected to drive the market for these batteries to increase. These advantages include the fact that they are mainten...