According to MarketsandMarkets, the global 3D projector market is estimated to grow from USD 3.1 billion in 2019 to USD 4.4 billion by 2024; at a CAGR of 7.1%. Major factors driving the growth of the 3D projector market include the increasing use of 3D …
A valve positioner is a device in a control valve assembly which positions the actuator as per the input signal received and helps control the valve for monitoring and controlling processes in the industry. MarketsandMarkets expects the global valve positioners market to grow from USD …
A solid state relay is a switching relay that is mounted on panel, PCB, or DIN Rail that helps switching and protection in various applications, such as industrial automation, building equipment, industrial OEM, energy and infrastructure, automotive and transportation, medical, and food & beverages. The …
The global power tools market is estimated to grow from USD 31.8 billion in 2019 to USD 41.7 billion by 2024, at a CAGR of 5.5%. The power tools market is highly diversified and competitive due to the presence of a large number of companies. …
An automated storage and retrieval system is a device used in manufacturing plants, warehouses, and distribution centers for storing and retrieving loads from one storage location to another. An ASRS comprises various computer-controlled systems and equipment that are used to store and accurately retrieve materials …
The electronic article surveillance market (EAS) is expected to grow from USD 981 million in 2019 to USD 1,173 billion by 2024, at a CAGR of 3.6%. Modernizing retail sector and protection against inventory losses, shoplifting, and theft are the major driving factors for the …
The Optoelectronics Market is projected to grow at a CAGR of 14.13% during the forecast period, to reach USD 9.80 billion by 2025. The high demand and increasing sales of premium segment vehicles and the rising awareness regarding vehicle safety performance are the major factors …
The sports optic market is projected to be valued at USD 1.8 billion in 2019 and is expected to reach USD 2.1 billion by 2024, at a CAGR of 2.71% from 2019 to 2024. A major growth driver is enhanced fan engagement/experience. Further, superior performance …
Artificial intelligence (AI) refers to the theory and development of computer systems capable of performing tasks that usually require human intelligence. AI involves the study and synthesis of intelligent agents—in this case, a computer system. AI applications process large volumes of data, and they require …
The Conveyor System Market is projected to grow at a CAGR of 4.33% during the forecast period, to reach USD 9.9 billion by 2025 from an estimated USD 7.4 billion in 2018. Increasing industrialization and automation have led to improved productivity and efficiency in the …
Vision Sensor Market by Sensor Type (Less than 3D, 3D), Application (Inspection, Gauging, Code Reading & Localization), End-User Industry (Automotive, Electronics & Semiconductor, Pharmaceuticals, Food & Packaging), and Geography – Global Forecast to 2023 The overall vision sensors market is expected to grow from USD …
Microprinting technology requires low investment. It also requires limited space for printing; it can print at high speed, as well as provides product security and traceability to avoid duplicity. Brand protection and product safety measures play an important role in all industries. Currently, food & …
According to the new market research report on the “Silicon on Insulator (SOI) Market by Wafer Size (200 mm and less than 200 mm, 300 mm), Wafer Type (RF-SOI, FD-SOI), Technology (Smart Cut, Layer Transfer), Product (RF FEM, MEMS), Application (Consumer Electronics, Automotive) – Global Forecast to …
The mass flow controller market is expected to grow from USD 1.1 billion in 2019 to USD 1.5 billion by 2024, at a CAGR of 6.21%. Growing opportunities in pharmaceutical and medical equipment, and increasing demand for mass flow controllers for space applications provide lucrative …