Plant Asset Management Market – Opportunities and Challenges

The plant asset management (PAM) market size is estimated to grow from USD 5.5 billion in 2019 to USD 9.4 billion by 2024, at a CAGR of 11.3%. Plant asset management (PAM) includes asset identification, monitoring, refurbishing, and replacement. The plant asset management plan includes …

EMC Testing Market to Grow at Highest CAGR during 2019-2024

According to the new market research report “EMC Testing Market by Offering (Hardware & Software and services), End-Use Application (Consumer Appliances & Electronics, Automotive, Military & Aerospace, IT & Telecommunications, Medical, Industrial), and Geography – Global Forecast 2024″, the EMC market is growing at a …

Attractive Opportunities in Semiconductor Manufacturing Equipment Market

The semiconductor manufacturing equipment market is projected to grow from USD 66.1 billion in 2020 to USD 103.5 billion by 2025; it is expected to grow at a CAGR of 9.4% from 2020 to 2025. Key factors fueling the growth of this market include the …

Aircraft Electrical Systems Market worth $41.7 billion by 2025

According to the new market research report “Aircraft Electrical Systems Market by System (Power Generation, Conversion, Distribution, Energy Storage), Component, Platform (Commercial Aviation, Military Aviation, Business & General Aviation), End-User, Application & Region – Global Forecast to 2025″, The aircraft electrical systems market is projected to grow …

Waterjet Cutting Machine Market is expected to grow at the Highest CAGR during 2018–2023

The robotic waterjet cutting machines market is expected to grow at the highest CAGR in the next 5 years. The increasing demand for robotics in the transportation, automotive, aerospace, and construction industries boost the market for robotic waterjet cutting machines. The waterjet cutting machine market …

IoT in Aviation Market worth $1,941 million by 2025

IoT in Aviation Market

The IoT in Aviation Market scope includes components, applications, and end markets. IoT devices, IoT solutions, and services are covered under components. Airlines, airports, MROs, and OEMs are included under end markets while air traffic management, asset management, ground operations, and passenger experience are considered under applications. …

Functional Safety Market Players: Schneider (France) and ABB (Switzerland)

Functional safety covers the implementation of safety instrumented systems and related services to mitigate risks associated with a process in which components such as sensors, logic controls, and acting elements are used. Implementing functional safety ensures that safety critical control and protective systems are appropriately …

Public Safety LTE Market is projected to Witness the Highest Growth during 2019-2024

Reliable and dependable communication is vital for the first responders as they must be connected to control centers as well as to each other. The changing requirements of public safety communication are leading to the adoption of LTE technology by public safety agencies globally. The …

Key Market Dynamics in Lighting Control System Market

The lighting control system market size is estimated to grow from USD 19.5 billion in 2019 and projected to reach USD 39.0 billion by 2024, at a CAGR of 14.8%. The most significant factor driving the growth of this market is the high requirement for …

Rising demand for smart clothes to boost the market growth by 2019-2024

Smart clothing monitors the wearer’s physical condition. Smart shirts bodysuits, pants, and undergarments are some of the products that provide biometric data, such as pulse rate, temperature, muscle stretch, heart rhythm, and physical movement; this data is transmitted via Bluetooth to an app in real-time. …

Attractive Opportunities in the Quantum Cascade Laser

The quantum cascade lasers (QCL) market size is projected to grow from USD 355 million in 2019 to USD 422 million by 2025, at a CAGR of 3.9% during the forecast period. The drivers fueling the growth of the market are increase in the use …

Autonomous Truck Market Projected to Grow at a CAGR 39.96%

Autonomous truck market

The Autonomous Truck Market is estimated to be 15.2 thousand units in 2025 and is projected to reach 81.8 thousand units by 2030, at a CAGR of 39.96%. The Semi-Autonomous Truck Market is estimated to be 260.1 thousand units in 2018 and is projected to …

Opportunities and Challenges in Automotive TIC Market

The automotive industry is transforming at a faster rate owing to the development of cutting-edge technologies and stringent environmental regulatory policies. This report on the automotive TIC market is a platform that explains applications, market trends, and varieties of TIC services, ranging from testing, inspection, …