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 …

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, …

Applications of Agriculture to Dominate the Global IoT Market by 2024

The agriculture IOT market is expected to grow from USD 12.7 billion in 2019 to USD 20.9 billion by 2024, at a CAGR of 10.4% from 2019 to 2024. A few key factors driving the growth of this market are increasing adoption of Internet of …

Power Supply Market is Expected to Witness the Highest Technological Growth by 2023

The power supply market is expected to be worth USD 34.92 billion by 2023, growing at a CAGR of 6.7% from 2018 to 2023. Factors such as growing adoption of home and building automation systems, emerging telecommunications sector, and increasing demand for energy-efficient devices/appliances are …

Computer Vision Industry Is Expected New Growth & Demand For Computational Photography Technology In The Smartphone Segment During The Forecast Period

The computational photography market was valued at USD 10.7 billion in 2019 and is expected to reach USD 29.0 billion by 2024, at a CAGR of 22.0% from 2019 to 2024. The major driving factors is the trend of sharing images and videos using advanced …

LTE Advanced Pro to usher High Speed Connectivity and evolve closer towards realizing 5G

With the evolution of 3G technological architecture, long-term evolution (LTE) has provided significant advantages by offering enhanced data rates and better connectivity. The evolution of LTE into LTE Advanced and LTE Advanced Pro acts a parameter to enhance the network further to 5G. The LTE …

Medical Electronics Market To Hold The Largest Share During The Forecast Period 2019-2025

The medical electronics market is estimated to be worth USD 5.1 billion in 2019 and is projected to reach USD 6.6 billion by 2025, at a CAGR of 4.6% from 2019 to 2025. The medical electronics industry is expected to witness substantial growth in the …

The Market for Mobile Telepresence Robots is expected to grow at a Higher CAGR from 2018 to 2023

The telepresence robot market is expected to grow from USD 145.8 million in 2018 to USD 312.6 million by 2023, at a CAGR of 16.5%. Factors such as enhanced operational efficiency in enterprises due to the virtual meeting, high demand from the healthcare industry, and …

Display Driver Market to Witness Highest Growth during 2018 to 2023

The display driver market is estimated to grow from USD 7.1 billion in 2018 to USD 9.1 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. The market is growing due to the increasing demand for OLED and flexible displays, adoption of …