Robotic Refueling System Market worth $2.2 billion by 2030 growing with a CAGR of 50.0%

The robotic refueling system market is expected to grow from USD 25 million in 2019 to USD 2.2 billion by 2030, at a CAGR of 50.0% during forecast period. Growing requirement for low-cost operations in the mining vertical and the need for improved security and …

MulteFire Market Projected to reach $2,119 million by 2025 with a growing CAGR of 36.0%

The MulteFire market is projected to grow from USD 455 million in 2020 to USD 2,119 million by 2025, at a CAGR of 36.0%. Digital transformation in almost all industries and enterprises increases the demand for more scalable and better network connectivity. In the coming …

Significant demand for audio amplifiers in the coming years?

The audio amplifier market size is projected to grow from USD 3.4 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 5.6% from 2019 to 2024. An audio amplifier is an electronic device used to amplify input signals in sound systems. …

Specialty Lighting Market estimated to be $7.2 billion by 2024

Specialty Lighting Market by light source (LED, Halogen Lamps, Xenon Bulbs, Incandescent Lamps), application (Entertainment, Medical, UV Lamps), and Region (North America, Europe, Asia Pacific, RoW) – Global Forecast to 2024 The specialty lighting market is projected to reach USD 7.2 billion by 2024 from …

Building Information Modeling (BIM) Market Projected to Reach 7.64 Billion USD by 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 …

Solid State Transformer Market Worth $204.3 Million by 2020

Solid State Transformer Market Forecast & Anlysis

According to a new market research report on the “Solid State Transformer Market by Product (Power, traction, & Distribution), Application (Alternative power generation, Electric vehicle charging stations, & others), & Geography (North America, Europe, Asia-Pacific, & RoW) – Forecast to 2020” The global solid state …

Growing Building Automation Market and Its Significance for Your Business

building-automation-market

Distributed control systems assist in the process of controlling the production like in a manufacturing industry. it is an umbrella term that comprises of several types like electronic power grids, traffic signals, water management, radio signals, oil refining, building automation, etc. building automation is one …

Servo Motor Market to grow at a Steady CAGR- What it Means

servo-motor-market

Servomotors are popularly used for attaining control over velocity, angular position and acceleration. They work on servomechanism, which uses error-sensing feedbacks to correct the functioning. It is one of the most commonly used automation tool in various application industries, which makes it highly essential on …

Will MicroGrid Market Be Able to Provide Reliable Energy Services through the Decade?

Microgrid-Market

MicroGrids are commonly used for grouping of electricity generation and are connected to the regular electrical grids. Localization of electricity generation also helps in energy storage, with efficient and reliable services. Employment of numerous types of distributed energy technologies is driving the global MicroGrid market …

Global Smart Glass Market – New Revenue Pocket – Forecasted $3.83 Billion by 2017

smart-glass-market

According to the market research report “Global Smart Glass market 2012-2017, by technology (Thermochromics, Liquid Crystal (LC), Suspended Particle Display (SPD), Electrochromics, Photochromic), Applications (Architectural [Commercial, Residential], Transportation [Automotive, Rail, Aviation, Marine])” published by MarketsandMarkets, the total Smart Glass market is expected to reach $3.83 …

Global Building Automation Market is Booming Thanks to Huge Demands

building-automation-market

Building automation is one of the most common types of distributed control system. Automation of the building is also an essential aspect of building control systems across the globe. Growing global demands for these services is expected to mark exceptional growth in the global building …

Steady Growth in Process Automation Market is a Positive Sign for Companies

process-automation-market

Energy efficient equipment is the need of the hour for the automation and instrumentation industries. It also influences the cost, sustainability and resource efficiency. It is also the reason why process automation market holds importance in different industrial verticals. It deals with control room automation …