Hermetic Packaging Market by Configuration Multilayer Ceramic Packages, Metal Can Packages – 2023
The hermetic packaging market was valued at USD 3.06 Billion in 2017 and is expected to reach USD 4.52 Billion by 2023, at a CAGR of 6.80% during the forecast period. The base year considered for the study is 2017, and the market size forecast is provided for the period between 2018 and 2023. This report provides the market size and growth potential of the market across different segments such...
Intelligent Transportation Systems Market size, share, Trend
The intelligent transportation systems market size
in roadways is expected to be worth USD 23.3 billion in 2018 and USD
30.7 billion by 2023, growing at a CAGR of 5.65% between 2018 and 2023.
The factors such as increasing concerns related to public safety,
growing traffic congestion problem, and increasing favorable initiatives
taken by the government for effective traffic management have proved...
Position Sensor Market – Global Industry Analysis to Witness Significant Growth during 2018-2024
The global position sensor market
is expected to grow from USD 4.7 billion in 2018 to USD 7.3 billion by 2024; it
is estimated to grow at a CAGR of 8.0% during 2019–2024. Increasing focus of
the manufacturing industry on accurate measurements and detailed inspection,
growing adoption of position sensors in the aviation & aerospace industry,
and rising demand for position sensors for modern automobiles...
Which end-user industries are expected to drive the class D audio amplifier market in the next 5 years?
The class D audio amplifier market is expected to reach USD 3.6 billion by 2024 from USD 2.3 billion in 2019 at a CAGR of 9.5%. The growth of the class D audio amplifier market can be attributed to the increasing demand for consumer electronics and smart home devices, increasing traction toward in-vehicle infotainment systems in automobiles, and rise in demand for energy-efficient technologies or...
What are opportunities in Assistive Robotics System Provider
The assistive robotics market is expected to grow from USD 4.1 billion in 2019 to USD 11.2 billion by 2024, at a CAGR of 22.3% during the forecast period. The increasing prevalence of strokes and spinal cord injuries is one of the key factors driving the growth of the assistive robotics market. Apart from this, rising insurance coverage for medical exoskeletons and robotic surgeries is also a key...
Agriculture Drones Market worth $4.8 billion by 2024 with a growing CAGR of 31.4%
The agriculture
drones market is expected to grow from USD 1.2 billion by 2019 to USD 4.8
billion by 2024 at a CAGR of 31.4%. A few key factors driving the growth of
this market are pressure on global food supply due to growing world population,
and availability of software solutions for field survey and data analytics.
Recently, the Federal Aviation Administration (FAA), the regulatory body for...
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...
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...
Growing Adoption of Image Sensors in Automobiles to Boost the Growth of Image Sensor Market in the Coming Years
Technological advancements and increased usage of images across various verticals, mainly consumer electronics and automotive, have led to the immense growth of the overall image sensor market in the past few years. Moreover, the increasing need and demand for smaller pixel devices that provide high resolution images in a cost-effective manner is also expected to boost the demand for image sensors,...
Ballast Water Treatment Market Foresees Skyrocketing Growth in the Coming Years
Ballast water treatment technology is basically for removing or destroying ingredients containing pesticides and other pollutants from ballast water systems, thereby not allowing the discharge of invasive species being transported into inhabitable water that may impact the environment considerably. Due to the involvement of government, the installation of BWT systems has become mandatory according...