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...
Huge Demand from Consumer Electronics Sector to Fuel the Growth of Gas Sensors Market in the Years to Come
Gas sensors are being mainly used across consumer electronics and building automation applications. The growth of the worldwide gas sensors market is also being fueled by the rising concern for environment pollution control through air quality analysis by detection of concertation of harmful gases that are released in environment on a day-to-day basis.
The global gas sensors market is expected to be...
Growing Automotive Sector to Boost the Growth of HI-FI System Market in the Coming Years
Advancements in technology, especially in the wireless technologies have transformed the way people communicate or listen to music nowadays. There has been a huge increase in the demand for wireless audio devices such as speakers, sound bars, headphones, and network media players among others, since they allow people to have an easy control over their music with the help of Hi-Fi audio devices. The...
Global Cryostat Market to Witness Significant Growth in the Years to Come
Cryostat is a device used for maintaining samples or specimens at low cryogenic temperatures by thermally isolating them from the outside with the help of cryogenic fluids such as liquid helium or liquid nitrogen. Cryostats find wide usage in healthcare applications such as spectroscopy, frozen tissues sections, X-ray, and magnetic resonance imaging (MRI). Apart from healthcare, they are increasingly...