Solid-State Cooling Market is Expected to Grow at Highest CAGR between 2019-2024
Solid-state cooling systems use a
thermoelectric module, which is a semiconductor-based component, soldered
between 2 ceramic plates, with a sandwich-type structure filled with bismuth
telluride particles and doped to obtain N-P junctions. When DC power is applied
to a thermoelectric module, heat transfer is initiated from one side of the
module to another. Thus, one of the module faces is cooled...
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...
Automated Guided Vehicle Market worth $2.74 billion by 2023,at a CAGR of 8.02%
According to Market Research, the automated guided vehicle (AGV) market is expected to grow from USD 1.86 billion in 2018 to USD 2.74 billion by 2023, at a CAGR of 8.02% between 2018 and 2023. The major factors driving the growth of the AGV market include the rising demand for automation in material handling across industries, emerging e-commerce industry, increasing requirement for workplace safety...
HVAC Systems Market : Market Shares, Trends, Top Key Players, Industry Overview and Global Forecast to 2023
Factors that drive the growth of the market include the increasing demand for HVAC systems for reducing energy consumption, extreme weather conditions, government tax credit and rebate programs, and growing demand for HVAC systems to upgrade old systems.
The increase in urbanization has led to the demand for smart buildings. These buildings require efficient HVAC equipment, leading to the growth of...
Video Surveillance Market worth 68.34 Billion USD by 2023, CAGR of 13.1%
The video surveillance market was valued at USD 36.89 Billion in 2018 and is expected to reach USD 68.34 Billion by 2023, at a CAGR of 13.1% during the forecast period. The base year considered for the study is 2017, and the forecast period considered is between 2018 and 2023. The objective of the report is to provide a detailed analysis of the video surveillance market based on system, offering, vertical,...
Building Information Modeling (BIM) Market – Detail Industry Research Report, Segmentation and analysis Till 2022
The key factors driving this market have been the optimized project performance and increased productivity; enhanced communication and coordination throughout the asset lifecycle management process in the construction industry due to adoption of BIM; and government mandates for the usage of BIM in several developed countries.
The optimized project performance and increased productivity; enhanced communication...
Need for Operational Safety and Technological Advancements to Boost the Growth of Positive Material Identification Market in the Coming Years
Positive material identification (PMI) being mainly used for analyzing and identifying material grade and alloy composition for quality and safety control, is an integral part of both production and asset integrity management across various industries including oil & gas, power, chemical, pharmaceutical, nuclear, aerospace, and fabrication. It can also help prevent a potential product failure and...
Oil & Gas Sector Poised to Play a Key Role in the Growth of Underwater Acoustic Communication Market in the Coming Years
Introduction of underwater acoustic modems has enabled the users to communicate, navigate, and monitor under water by transmitting the data through water. Underwater acoustic modems mainly find application in oil & gas and military & defense sectors for gathering data and monitoring marine applications. Moreover, increasing research & development activities related to underwater communications...
Smart Lock Market to get Smarter due to the Increased Focus on Enhancing Safety and Security in the Coming Years
Thanks to the advancing technology and rise in number of connected devices, smart cities and smart homes have also been witnessing a high demand. This increased popularity of smart homes coupled with the huge penetration of smartphones and connected devices has led to the phenomenal development of smart locks. As the technology is advancing day-by-day, concerns regarding safety and security have also...
Filtration and Contamination Control Market to Witness Significant Growth in the Coming Years
Filtration and contamination control have become an integral part of the industrial processes and automotive sector, with the continuous need for enhancing the quality of the products and reducing the contamination level in liquids and other fluids. This further helps in reducing the operating cost and eliminating the amount of wastage, thereby increasing the life of the equipment. The market for filtration...