Which industrial safety equipment is expected to witness the highest demand in the future?
The industrial safety market was worth USD 3.3 billion in 2019 and is expected to reach USD 5.4 billion by 2024, at a CAGR of 8.6% during the forecast period. Industrial safety equipment is a system composed of sensors, logic solvers, switches, and final control elements, which is installed to protect personnel, asset, and the environment by taking processes to a safe state. An industrial safety system...
Microgrid Controller Market: Market Shares, Trends, Top Key Players, Industry Overview and Global Forecast to 2024
The overall microgrid
controller market is estimated to grow from USD 6.1 billion in 2019 to USD 12.6
billion by 2024, at a CAGR of 15.65% from 2019 to 2024. Key market drivers
include optimization of energy assets and improved efficiency of microgrids
using microgrid controllers, increasing global demand for microgrids for
reliable and secure power supply, and the growing shift toward renewable energy
sources...
Which are the major verticals in logic analyzer market?
Logic Analyzer Market by Type (Modular Logic Analyzers, PC-Based Logic Analyzers), Channel Count (2-32, 32-80, >80), Vertical (Electronics & Semiconductor, Automotive & Transportation, Aerospace & Defense), and Geography – Global Forecast to 2024
The logic analyzer market is projected to reach USD 387 million by 2024. Continuous R&D in the electronics industry has...
Target Acquisition Systems Market by Subsystem, Platform (Land, Airborne, Naval), End Use (Military, Homeland Security), Range, and Region – Global Forecast to 2024
The Target Acquisition Systems Market Report provides an analysis of the market from 2019 to 2024. It discusses industry and technology trends currently prevailing in the market, along with drivers, challenges, and opportunities. The target acquisition systems market is projected to grow from $11.9 billion in 2019 to $15.5 billion by 2024, at a CAGR of 5.46% from 2019 to 2024.
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Cleanroom Lighting Market Size – Technological Advancement and Growth Analysis with Forecast to 2024
The cleanroom
lighting market is projected to reach USD 978 million by 2024
from USD 742 million in 2019, at a CAGR of 5.7%. Rising demand for sterile manufacturing areas in the pharmaceutical
industry and advancements in medical devices to support the growth of cleanroom
lighting are the key factors driving the growth of the market.
Furthermore, underlying opportunities for the cleanroom lighting...
What are the new emerging use cases of smart displays in different industries?
Smart Display Market by Smart Home Display
(Voice-Controlled, Appliance), Smart Display Mirror (Automotive-Rearview
& Side-View, Retail, Home), Smart Signage (Retail &
Hospitality, Sports & Entertainment), Components, and Geography –
Global Forecast to 2025
The global smart display market is expected to grow from USD 861 million in 2018 to USD 6,665 million by 2025, at a...
Nanomedicine Application to Hold Largest Share of Nanorobotics Market by 2023
The nanorobotics market
for magnetically guided type is expected to grow at the highest CAGR during the
forecast period. By type, the nanorobotics market has been segmented into nanomanipulator, bio-nanorobotics,
magnetically guided, and bacteria-based. This is attributed to the ease of use
of magnetically guided nanorobotics systems as compared with other nanorobotic
types. The market for nanomanipulator...
What are major drivers, restraints, opportunities, and challenges pertaining to the linear motion market?
The overall linear motion market is expected to grow from USD 3.2 billion in 2018 to USD 4.4 billion by 2024, growing at a CAGR of 5.3%. Major factors driving the growth of the linear motion market include increasing need for quality inspection and automation, reduced time-to-market, and growing demand for miniaturization of electronic devices in the semiconductor industry. Rising acquisitions and...
MulteFire Market worth $2,119 million by 2025 with a growing CAGR of 36.0%
The MulteFire
market is projected to grow from USD 455 million in 2020 to USD 2,119 million
by 2025, at a CAGR of 36.0%. Digital transformation in almost all industries
and enterprises increases the demand for more scalable and better network
connectivity. In the coming years, the MulteFire market growth is likely to be fueled
by the rising demand for highly efficient wireless connectivity networks...