Posts

Showing posts from March, 2019

Automated Optical Inspection System Market Trends To Reach $1,641 Million By 2024

Image
The overall Automated Optical Inspection (AOI) System Market is expected to grow from USD 444 million by 2018 to USD 1,641 million by 2024, at a CAGR of 24.3%. The growth of the market is propelled by the growing demand for consumer electronics, increasing need for high-quality electronic components, and demand for higher productivity by electronics manufacturing services (EMS) companies. Market for inline AOI to grow at higher CAGR from 2018 and 2024 The AOI system market for inline AOI is expected to grow at a higher CAGR during the forecast period. Inline AOI systems offer a faster rate of PCB inspection, which is ideal for electronics manufacturing companies involved in high-volume production. Inline AOI systems can be strategically placed before or after the reflow process, depending on the requirements of manufacturers. Though the inline AOI systems are capable of faster inspection, they are difficult to program, and the manufacturers have to ensure the availabilit...

Hardware in the Loop Market To Grow At A CAGR Of 9.37% During the Forecast Period 2020

Image
The Hardware in the Loop Market was valued at USD 480.8 million in 2014 and is expected to grow at a CAGR of 9.37% between 2015 and 2020. The growth of this market is propelled by the ability of the HIL technology to help provide high quality output with reduced time and cost. This makes it ideal for use in a wide range of applications areas such as automotive and aerospace, where time to market is an important factor for success. Automotive followed by aerospace are leading application sectors of the hardware in the loop market. The leading position of the automotive sector can be attributed to the fact that the HIL technology is used widely by automotive companies for developing enhanced ECUs, reducing time to market, and complying with various industry standards. The hardware in the loop technique is non-destructive and time- & cost-effective; these features help drive the growth of the hardware in the loop market in the aerospace sector. Embraer S.A. (Brazil), Honda ...

Massive MIMO Market Share, Segmented Outlook And Overview Research by 2026

Image
According to the new market research report " Massive MIMO Market by Technology (LTE Advanced, LTE Advanced Pro, 5G), Spectrum (TDD, FDD), Type of Antennas (8T8R, 16T16R & 32T32R, 64T64R, 128T128R & Above), and Geography (North America, Europe, Asia Pacific, Row) - Global Forecast to 2026", the Massive MIMO market is estimated to be USD 1.29 Billion in 2018 and is expected to reach USD 20.91 Billion by 2026, at a CAGR of 41.6% between 2018 and 2026. The rising importance of software implementation in a communication network, high signal to noise ratio, and link reliability are some of the drivers for the massive MIMO market. The TDD spectrum segment led the massive MIMO market in 2017. With high data rates and a huge capacity for data and HD voice, TDD significantly improves customer experience and lowers the operator’s cost per bit. TDD also provides spectrum flexibility. TDD runs on multiple spectrum bands with a bandwidth of up to 200 MHz in a single ba...

Smart Textiles Market Demand, Growth Analysis, Key Findings and Forecast 2020

Image
According to the new market research report " Smart Textiles Market by Type (Passive, Active, Ultra-smart), Function (Sensing, Energy Harvesting, Luminescence & Aesthetics, Thermo-electricity), Industry (Healthcare, Sports & Fitness, Fashion, Military, Automotive), & Geography - Global Forecast to 2020", the market is expected to reach USD 4.72 Billion by 2020, at a CAGR of 33.58% between 2015 and 2020. The driving factors for the growth of this market include the uptrend in wearable electronics industry, increasing demand for sophisticated gadgets, miniaturization of electronic components, and a rapid growth of low-cost smart wireless sensor networks. However, the slow rate of adoption and the lack of exhaustive standards and regulations are the major restraining factors for the growth of the smart textiles market. Applications in the sports and fitness sector expected to lead the smart textiles market during the forecast period: The application i...

Smart Sensor Market Is Estimated To Be valued at USD 57.77 Billion in 2022

Image
The report " Smart Sensor Market by Type (Temperature & Humidity, Pressure, Touch, Motion & Occupancy, Water, Position, Light), Technology (Mems, CMOS), Component (ADC, DAC, Microcontroller), Connectivity, End-User Industry and Geography - Global Trends and Forecast to 2022", The smart sensor market is expected to grow from USD 18.58 Billion in 2015 to USD 57.77 Billion by 2022, at a CAGR of 18.1% between 2016 and 2022. Smart pressure sensor type to hold a major share of the smart sensor market Pressure sensors are among the key measuring and monitoring sensors used in most end–user industries. Pressure is an important parameter of diverse disciplines such as aerodynamics, thermodynamics, acoustics, fluid mechanics, and biophysics. MEMS-based pressure sensors have been widely utilized in consumer electronics, automotive systems, environmental monitoring, and medical diagnostics sectors among others. Thus, these sensors are expected to hold the major shar...

Projection Mapping Market Is Expected To Grow from USD 3.53 Billion by 2023

Image
The overall Projection Mapping Market is estimated at USD 1.37 billion in 2018 and is expected to reach USD 3.56 billion by 2023, at a CAGR of 21.10% during 2018–2023. The growth of this market is being fueled by the increasing adoption of projection mapping in media events over the last few years. The report covers the global projection mapping market on the basis of offering, dimension, throw distance, application, and geography. The projection mapping market based on application is expected to be led by large venues during the forecast period. Growing spending on amusement and theme parks is expected to boost the projection mapping market for large venue application as projection mapping is commonly being used in this application. Request Sample Copy of this Market Research @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=252209050 The software market for projection mapping is expected to grow at a higher rate than hardware as hardware devices sustain ove...

Energy Efficient Motor Market Is Expected To Reach USD 41.57 Billion by 2023

Image
According to the new market research report on the " Energy Efficient Motor Market by Efficiency Level (IE1, IE2, IE3, and IE4), Type, Application (HVAC, Fans, Pumps, Compressors, Refrigeration, Material Handling, and Material Processing), Vertical and Geography - Global Forecast to 2023", the energy efficient motor market is expected to reach USD 41.57 Billion by 2023 from USD 30.34 Billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major factors driving the growth of the energy efficient motor market are saving of energy and subsequent cost over traditional motors, increasing support from governments worldwide for the adoption of energy efficient motors, rising need to diminish greenhouse effect, and increasing adoption of energy efficient motors in the industrial sector. IE2 (high efficiency) expected to hold largest share of energy efficient motor market for efficiency level, in terms of value, during forecast period IE2 motors have efficiency l...

Solid State Drive Market Developing Off Charts To Reach USD 60.22 Billion by 2022

Image
The overall Solid State Drive Market (SSD Market) is expected to increase from USD 26.47 Billion in 2017 to USD 60.22 Billion by 2023, at a CAGR of 14.68% between 2017 and 2023. Some of the key factors driving this market are increasing penetration of high-end cloud computing, growing adoption of SSDs in data centers, and advantages of SSDs over HDDs. The market for SATA interface–based solid state drive accounted for the largest market in 2016. The large market of SATA interface solid state drive is mainly attributed to low-cost interface design. SATA interface also offers lower cable size and cost, faster data transfer through higher signaling rates, and more efficient transfer through an I/O queuing protocol, lower cable size and cost, faster data transfer through higher signaling rates, and more efficient transfer through an I/O queuing protocol. The market for half height, half length (HHHL); or; even bigger form factor; full height, half length (FHHL) is expected t...

Surface Inspection Market To Develop At A CAGR Of About 7.9% Between 2022 And 2023

Image
The Surface Inspection Market was valued at USD 2.02 Billion in 2015 and is expected to grow at a CAGR of 7.9% between 2016 and 2022. The market growth can be directly linked with the growth of the manufacturing industry. Increasing demand for quality from manufacturers and customers has made vision-based surface inspection the key technology in the area of manufacturing and quality control. Recent advancements in the inspection technology such as advanced cameras, software, and image sensors have increased the scope for these systems to be used in a wide range of applications in various industrial sectors. Industries have realized the importance of quality assurance in manufacturing, which has resulted in the widespread acceptance of surface inspection as an integral part of the long-term quality improvement process. ISRA VISION AG (Germany) is a global provider of surface inspection and image processing systems. The company operates through two segments: surface vision and...

Piezoelectric Devices Market Global Industry to Surpass USD 33.33 Billion By 2022

Image
The Piezoelectric Device Market is a mature market with applications ranging from industrial machinery to compact electronic equipment and tools such as digital cameras, phones, and medical instruments. The base year considered for this research study is 2015 and the market size has been estimated for the period between 2016 and 2022. The overall piezoelectric device market is expected to be valued at USD 31.33 Billion by 2022, growing at a CAGR of 4.88% between 2016 and 2022. The objectives of the study are as follows: To define, describe, and forecast the piezoelectric devices market segmented on the basis of material (piezocrystals, piezoceramics, piezopolymers, and piezocomposite), product (piezoelectric sensors, actuators, motors, transducers, generators, and other piezoelectric products), application (industrial and manufacturing, automotive, defense and aerospace, healthcare, information and communication, and other applications), and geography. To forecast the siz...

Industrial Safety Market Trends, Development, Analysis And Forecasts To 2024

Image
The Industrial Safety Market is expected to grow from USD 3.3 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 8.6% during the forecast period. The market’s growth is propelled by the mandates for safety regulations, rising demand for safety systems in the oil & gas industry, rising need for reliable safety systems for personnel and asset protection, industrial revolution 4.0, and growing automation in hazardous industrial areas. Market for programmable safety systems to grow at highest CAGR from 2019 to 2024 The industrial safety market for programmable safety systems is expected to grow at the highest CAGR during the forecast period. Programmable safety systems such as safety PLCs are an integral part of safety instrumented systems. Safety PLCs need to be certified with IEC 61508—the industrial safety standard for electrical/electronics/programmable electronics safety-related systems. Unlike regular PLCs, a safety PLC, along with logic solver, has redundancy and ...

Pressure Control Equipment Market Capacity, Production, Analysis And Forecast 2023

Image
According to the new market research report " Pressure Control Equipment Market by Component (Valves, Control Heads, Quick Unions, Wellhead Flanges, Christmas Trees, and Adapter Flanges), Type (High and Low), Application (Onshore and Offshore), and Region - Global Forecast to 2023", the overall pressure control equipment market is expected to grow from USD 5. 7 billion in 2018 to USD 7.4 billion by 2023, at a CAGR of 5.6% during the forecast period. Factors such as technological advancement in oilfield equipment, increase in global investment in exploration and production (E&P), and rise in unconventional hydrocarbon production in North America are driving the growth of the pressure control equipment market. Wellhead flange held largest size of pressure control equipment between 2017 and 2023 Wellhead flange held the largest size, in terms of value, of the pressure control equipment market between 2017 and 2023. Wellhead flanges are designed to be installed...

Projection Mapping Market Development Trend, Key Players & Investment Feasibility

Image
The overall “ Projection Mapping Market is estimated at USD 1.37 billion in 2018 and is expected to reach USD 3.56 billion by 2023, at a CAGR of 21.10% during 2018–2023. by Offering (Hardware (Projector, Media Server), Software), Projection Distance (Standard, Short), Dimension (2D, 3D, 4D), Applications (Events, Festival, Large Venue, Retail/Entertainment), and Region - Global Forecast to 2023",   The growth of this market is being fueled by the increasing adoption of projection mapping in media events over the last few years. The report covers the global projection mapping market on the basis of offering, dimension, throw distance, application, and geography. The projection mapping market based on application is expected to be led by large venues during the forecast period. Growing spending on amusement and theme parks is expected to boost the projection mapping market for large venue application as projection mapping is commonly being used in this application. Ge...

Environmental Sensor Market Supply, Demand, Cost Structure Analysis by 2023

Image
According to the market research report " Environmental Sensor Market by Type (Temperature, Humidity, Air Quality, Water Quality, Integrated, UV, and Soil Moisture), Vertical (Government, Commercial, Industrial, Residential, Consumer, Enterprise), Location, and Geography - Global Forecast to 2023", the environmental sensor market, the overall market is estimated to be worth USD 1.37 billion in 2018 and is projected to reach USD 2.19 billion by 2023, at a CAGR of 9.9% from 2018 to 2023. Stringent environmental regulations to reduce air pollution, increase in health and safety concerns would upsurge demand for environmental monitoring systems, and rise in air quality monitoring stations are the key factors driving the environmental sensor market. Market for integrated environmental sensors to grow at highest CAGR during forecast period The growth of the environmental sensors market is mainly due to the shifting preference from standalone sensors and integrated sen...

Next-Generation Network Market Trends To Reach $32.81 Billion By 2023

Image
According to the new market research report " Next-Generation Network Market by Offering (Hardware, Software, Services), Application, End User (Telecom Service Provider, Internet Service Provider, Government), and Geography (North America, Europe, Asia Pacific, RoW) - Global Forecast to 2023", The next-generation network (NGN) market to grow from USD 21.86 billion in 2018 to USD 32.81 billion by 2023, at a CAGR of 7.0% from 2018 to 2023. Telecom service provider to hold major share of NGN market during forecast period Telecommunications companies are increasingly adopting NGN to meet the growing requirements for high-speed data services. The exponential growth in IP and mobile data traffic has been the major reason for the increasing adoption of NGN in the telecommunications industry. As the number of smartphone and tablet users increases day by day, demand for high-speed data services grows significantly. Also, the rising trend of Voice over Internet Protocol ...

Silica Analyzer Market To Grow At A CAGR Of 5.66% During the Forecast Period 2023

Image
According to the latest market research report " Silica Analyzer Market by Type (Equipment and Consumables), Industry (Power Generation (Utility, Captive/IPP), Semiconductor), and Region (North America, Europe, Asia Pacific, and Rest of the World) - Global Forecast to 2023", The silica analyzer market is estimated to grow from USD 106.1 million in 2018 to USD 139.6 million by 2023, at a CAGR of 5.66% between 2018 and 2023. The key driving factor for the growth of the silica analyzer market is the significance of accurate silica measurement in steam/water cycle for optimizing power plant efficiency. Among many potential impurities in the steam cycle, silica plays a vital role because the solubility of silica in steam directly depends on the density and temperature of the steam. Any minor deviation of silica concentration on a power plant can have serious and expensive consequences in relation to performance, reliability, efficiency, and safety; hence, it is very muc...