Wireless Data Radio Modem Market is driven by the growing demand for radio modems in agricultural drones and surveys
The wireless data radio modem market is expected to be worth USD 724.1 million by 2023, at a CAGR of 4.03% between 2018 and 2023. The growth of the wireless data radio modem market is driven by the growing demand for radio modems in agricultural drones and surveys, dominance of radio modems in SCADA and telemetry applications, and low operational costs and more power-efficiency of private radio networks...
Key Growth Strategies Adopted By Companies in Digital Twin Market Between 2015 and 2017
The growth of the digital twin market is driven by various factors such as rising demand for IoT in various industries; reduction in the manufacturing process time and cost; and 3D printing and 3D simulation software to create digital twin for manufacturing and supply chain management.
The digital twin market was valued at USD 2.28 billion in 2017 and is expected to reach USD 15.66 billion by 2023,...
Horticulture lighting is gaining a lot of traction since these lights are designed to accelerate plant growth
The overall horticulture lighting market is estimated to grow from USD 2.43 billion in 2018 to USD 6.21 billion by 2023, at a CAGR of 20.61% between 2018 and 2023.
Horticulture lighting is gaining a lot of traction since these lights are designed to accelerate plant growth by emitting the spectrum ideal for photosynthesis. Horticulture lighting technology is deployed in the case of extreme weather...
North America Held Largest Share of Smart Speaker Market
The smart speaker market is competitive with the presence of big and small players. The market is largely dominated by the companies in North America, followed by those in Asia Pacific. While the big companies dominate the market through their brand image, small players offer innovative smart speakers in the market. As of 2017, the overall smart speaker market was dominated by key players such as Amazon...
Industrial Refrigeration System Market is highly competitive with the presence of a significant number
The industrial refrigeration system market is highly competitive with the presence of a significant number of well-established market players, along with certain regional market players, specifically dealing in the design, installation, maintenance, and after-sales servicing of industrial refrigeration units. The global industrial refrigeration system market is estimated to be valued at USD 18.49 billion...
Cargo Inspection Market: Market Shares, Trends, Top Key Players, Industry Overview and Global Forecast to 2023
Cargo inspection services include the quality and quantity check of any commodity. It also includes the physical testing of a cargo or container that includes cargo condition survey, cleanliness inspection, loading & discharging supervision, tank calibration, draft survey, and general cargo survey. The aim of these services to assure the product or commodity is satisfying the national and international...
Microgrid Market: Market Shares, Trends, Top Key Players, Industry Overview and Global Forecast to 2023
The microgrid market is expected to grow from USD 22.22 billion in 2018 to USD 39.10 billion by 2023, at a CAGR of 11.97% between 2018 and 2023. Increasing demand for reliable and secure power supply worldwide; widespread industrialization and population growth fueling demand for energy storage systems; government initiatives to reduce carbon footprint; the convergence of IoT in enhancing microgrid...
Silicon Photonics Market: Market Shares, Trends, Top Key Players, Industry Overview and Global Forecast to 2023
The silicon photonics market is expected to be worth USD 1,988.2 million by 2023, growing at a CAGR of 20.8% between 2018 and 2023. Factors such as reduction in power consumption with use of silicon photonics based transceivers and the growing requirement of high bandwidth and high data transfer capabilities are driving the market growth. Short-reach communication and growing government and stakeholder...
Eye Tracking Market Expected to Reach 1,376.5 Million USD by 2023
The report “Eye Tracking Market by Offering, Tracking Type, Application (Assistive Communication, Human Behavior & Market Research, AR/VR, Vehicles), Vertical (Retail, Healthcare, Government, Automotive, Consumer Electronics), and Geography – Global Forecast to 2023”, The eye tracking market, in terms of value, is expected to be valued at USD 1,376.5 Million by 2023, growing at...
Building Management System Market Expected to Reach 19.25 Billion USD by 2023
According to the new market research report on the “Building Management System Market by Software (Facility, Security, Energy, Emergency, Infrastructure Management), Service (Professional, Managed), Application (Residential, Commercial, Industrial), and Geography – Global Forecast to 2023”, the building management system market is expected to be worth USD 19.25 Billion by 2023, growing...