North America to account for largest nanomechanical testing market size during forecast period
North America is expected to account for the largest size of the overall nanomechanical testing market in 2018. North America is also expected to be the fastest-growing region during the forecast period. The rapid industrialization and high demand for nanomechanical testing instruments for several R&D activities performed by many engineering institutions in this region propel the nanomechanical...
What would be the share of North America and Europe in this high power LED market for the next five years?
The high power LED market is expected to grow from USD 4.5 billion in 2019 to USD 5.6 billion by 2024, at a CAGR of 4.5% during the forecast period. The long life & continuous usage, small size, less power consumption & voltage, and increasing high brightness application are the major factors fueling the growth of the market.
The use of high power LEDs in smart cities will be a significant...
ABS to Lead the Sensor Bearing Market From 2018 to 2023
The Sensor Bearing Market size is expected to grow from USD 5.1 billion in 2018 to USD 6.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The major factors driving the sensor bearing market are the increasing demand for sensor bearings from end-use industries, such as automotive and transportation, and the enforcement of stringent regulations related to...
Client Acquisitions – Major Key Development Undertaken by the Majority Players in Global Organ Preservation Market
The organ preservation market comprises of small and big players such as Organ Recovery Systems, Inc. (U.S.), Xvivo Perfusion AB (Sweden), Essential Pharmaceuticals, LLC (U.S.), Transmedics, Inc. (U.S.), Paragonix Technologies, Inc. (U.S), 21st Century Medicine, Inc.(U.S.), Dr. Franz Kohler Chemie GmbH (Germany), Preservation Solutions, Inc. (U.S.), OrganOx Limited (U.K), and Bridge to Life, Ltd. (U.S.)and...
Magnetic Refrigeration Market Expected to Reach 163.7 Million USD by 2023
According to the new research report “Magnetic Refrigeration Market by Product (Refrigeration Systems, Air Conditioning Systems and Heat Pumps), Application (Domestic, Commercial, Transportation and Industrial), and Geography – Global Forecast to 2023″, the magnetic refrigeration market is expected to be valued at USD 163.7 Million by 2023, growing at a CAGR of 108.0% between 2018...
Satellite Modem Market Expected to Reach 420.4 Million USD by 2023
The report “Satellite Modem Market by Channel Type (SCPC & MCPC), Data Rate (High-Speed, Mid-Range, Entry-Level), Application (Mobile & Backhaul, IP Trunking, Offshore Communication), End User (Telecom, Marine, Oil & Gas), & Geography – Global Forecast to 2023″, The satellite modem market is expected to grow from USD 296.4 Million in 2017 to USD 420.4 Million by 2023,...
Land Mobile Radio Market Expected to Reach 20.82 Billion USD by 2022
According to the new market research report “Land Mobile Radio Market by Type (Hand Portable, and In-Vehicle), Technology (Analog, and Digital), Frequency (25-174 MHz, 200-512 MHz, 700 MHZ & above), Application (Commercial, and Public Safety), and Geography – Global Forecast to 2022″, the Land Mobile Radio (LMR) market is expected to be valued at USD 20.82 Billion by 2022, growing...
High Investment Cost Required for Implementation of CNC Machines
A CNC controller completes all the important links between a computer system and mechanical components of the machine. The controller’s main task is to obtain the conditioned signals from the computer and convert those signals into mechanical motions through motor output. The machine control unit or controller is a microcomputer that stores the program and executes the commands into an action with...
Growth of the smart home industry – significance of intelligent devices to enable consumers to get remote access and control over their homes
The growing significance of intelligent devices to enable consumers to get remote access and control over their homes has resulted in the growth of the smart home industry. The smart homes market players from the Americas, Europe, and APAC are significantly investing in different segments, including hardware, technology, software, and service, of the smart home industry. Siemens AG (Germany), United...
The increasing demand for AR-based software applications for 3D visualization in the medical sector
The augmented reality software market was valued at USD 2.13 billion in 2016 and is expected to reach USD 35.22 billion by 2022, growing at a CAGR of 57.36% during the forecast period. The increasing demand for AR-based software applications for 3D visualization in the medical sector, growing interest of large tech companies in AR, and increase in demand for AR in the e-commerce and retail sectors...