How big is the opportunity for the force sensor market? How rising adoption of force sensor products can help grasp this opportunity?

The force sensor market size is expected to grow from USD 1.8 billion in 2019 to USD 2.3 billion by 2024, at a CAGR of 5.5%. The drivers fueling the growth of the market are rising demand for industrial robots and growing safety features in …

What are the opportunities and challenges for the inverter market?

Inverters are power devices that convert DC power to usable AC power. This conversion is carried out with the help of transformers, switching circuits, and control circuits. Inverters deliver AC voltage from DC power sources. This AC voltage is useful for operating electronic and electrical …

Attractive Opportunities in Inductor Market

The report “Inductor Market by Inductance (Fixed, Variable), Type (Wire wound, Multilayered, Molded, Film), Core Type (Air, Ferrite, Iron), Shield Type (Shielded, Unshielded), Mounting Technique, Vertical, Application, Geography – Global Forecast 2025″,is estimated to grow from USD 3.8 billion in 2020 to USD 4.7 billion …

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. …

Increasing Installation of Vehicle Electronics is Expected to Drive the Automotive Terminal Market

automotive terminal market

The automotive industry has witnessed a shift in technology from the use of mechanical systems to electrical systems. With the advancement of mechatronics, linear as well as rotational motions in vehicles can be achieved using electrical prime movers. As electric content in cars has increased …

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 …