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Showing posts from July, 2021

Smartwatch Market - Forecast(2021 - 2026)

Apple Inc., a global leader in the smartwatch market, publicly declared that it now sells more Apple Watches than the entire Swiss watch industry combined. Internet of Things (IoT), since its inception, has enhanced the conduct of our daily routines starting from communication, lifestyle, travel to trade. Smartwatch is another example of a traditional, mechanical wristwatch converging with the Internet and failing to retain its original identity. A smartwatch can be defined as a computerized device, fashioned to be worn on the wrist with operations matching up to those performed by thermometers, accelerometers, and pedometers. A smartwatch offers functionality and competences identical to those of a smartphone and executes numerous functions like providing internet connectivity, running mobile apps, making calls, messaging via text or video, checking caller ID, accessing stock and weather updates, delivering health monitoring updates, and offering GPS coordinates. Undoubtedly, it is a

Robotic Vision Market - Forecast(2021 - 2026)

Robotic vision is a technology which encompasses a combination of vision algorithms, and cameras to provide vision-like ability for the robots. There are different technologies present which are specific to each application. Robotic vision allows the robot to perform very rudimentary functions as well a complicated functions. All of this is dependent on the type of software which is employed. Robotic vision allows for a number of processes to be simpler or, perform complicated tasks without any strain of the owner/user. Robotic vision helps companies to cut costs in terms of the number of personnel required managing the robots and in also ensuring that whatever process takes place, there is 100% compliance and is not dependent on the users. Request Sample In terms of applications segments, the automotive industry contributed to the largest share of the robotic vision market and it is expected that the automotive industry will continue to be the leading contributor to this market in th

Fibre Optic Sensors Market - Forecast(2021 - 2026)

Fibre optic sensors abbreviated as FOS was designed with the aim of measuring the status and performance of the optical fibre networks. Fibre optic sensors are quite resistant to electromagnetic interference, and being a poor conductor of electricity they can be used in places where there is flammable material such as jet fuel or high voltage electricity. Hence, fibre optic sensors are used in wide range of applications. However, improvements such as sensor robustness need to be carried out in these sensors, to realize the full potential in fibre optic sensors market. Globally, rising needs of telecommunication industry and growing investments in civil structures, & smart manufacturing are the prime growth drivers of fibre optic sensors. However, price fluctuation in oil industry, strict environmental regulations, and higher installation cost are key restraints for fibre optic sensors market This report identifies the global fibre optic sensors market size in for the year 2014-201

Machine Vision Market - Forecast(2021 - 2026)

Machine Vision System Market Size is forecast to reach $16.4 billion by 2026, at a CAGR of 6.9% during forecast period 2021-2026. The need for inspection of flaws and controlling a specific task of industrial operations is motivating the utilization of machine vision systems in process control and quality control applications. Additionally, the growing penetration of automation and robotics across various industries and rapid advancements in industrial technologies along with the need for higher productivity are boosting the deployment of machine vision systems. These systems encounter wide range of applications in various industry verticals including oil& gas, aerospace, transportation, automotive among others and are able to serve their inspection needs with the available types such as PC-based and smart camera based machine vision systems. Machine Vision System Market Report Coverage The report: “Machine Vision System Market Report– Forecast (2021-2026)”, by IndustryARC covers

Embedded System Market - Forecast(2021 - 2026)

An embedded system is a combination of software and hardware which are designed typically for meeting real time constraints. Embedded system is a combination of software and hardware having significant characteristics such as speed, power, size, accuracy, reliability and adaptability. Globally, rising sales of consumer electronics, and increasing demand for automation in processing and manufacturing industries are the prime growth drivers of embedded system market. In addition, higher usage of embedded system in automobiles along with growth in automotive industry will generate new opportunities for the embedded system market. However, providing advanced features at a low cost, is the key restraints for embedded system market. This report identifies the global embedded system market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growt

Smart Irrigation Market - Forecast(2021 - 2026)

According to the World Bank, irrigational land covers 275 million hectares in the world, which equals 20% of the total agricultural land with 40% contributing share to global food production. IndustryARC’s analyst states, “emerging water crisis and erratic rainfall pattern offers a major hindrance to the conventional agricultural practices, relatively pushing forth the modern irrigation techniques application for cultivation around the globe.” Furthermore, irrigation methods have incorporated advanced technologies to offer weather-based and soil moisture-based water management techniques, thereby claiming huge market benefit in recent years. Resultantly, the global smart irrigation market acquired revenue of $861.23 billion as of 2018. Limitation of freshwater resources in urban and arid regions and growth in greenhouse projects implicates huge dependency on effective irrigation techniques which is promoted with sensors induced dripping and spraying systems thereby conserving water. S

Night Vision Devices Market - Forecast(2021 - 2026)

Global Night Vision Devices Market is valued $17,128 million in the year 2017 and is anticipated to grow with a CAGR of 7.0% from the year 2018 to 2023. Night vision devices is segmented based on the different categories in which goggles is valued high and followed by cameras which are having the market share of $7,940 and $7,547 in the year 2017 and is expected to grow with a CAGR of 6.3% and 7.4% respectively from the year 2018 to 2023. What is Night Vision Device Market? Night vision device will enable the ability to see in dark or low intensity light Night vision devices has been very prominent in the field of military and defense. The equipment’s such as night vision googles, binoculars and scopes provide assistant to solider during dark. Night vision devices has been segmented based on the components used. The different components used in night vision devices are image intensifier tubes, front lens, photo cathode, eyepiece and many more. Image intensifier tubes are capable of de

Elevator Market - Forecast(2021 - 2026)

According to 2017 World Population Prospects data by United Nations, approximately 2.1 billion older persons are expected to be alive by the year 2050. Ageing is an inevitable phenomenon, but having a comfortable lifestyle as a geriatric is in our hands. Countries are facing immense pressure in creating a public system that is emphatic towards the geriatric population. Increasing accessibility in airports, hospitals, residential buildings, supermarkets, and old-age homes has become a top priority for governments worldwide. The older population needs products from the elevator market in order to make their lifestyles more comfortable. Most of the older people suffer from unavoidable illnesses such as cardiovascular diseases or arthritis issues. Elevator market will help increase longevity of the ageing population by helping them in avoiding a painful flight of stairs, thus obtaining high demand from this section of the society. The estimated global elevator market size in 2018 was bet

Digital Signage Market - Forecast(2021 - 2026)

The global digital signage market size was around $3.5 billion to $4.0 billion as of 2018. Though the opportunities available in the nascent market is not much enticing for a whole host of players—the opportunities will be incrementing at a highly attractive CAGR of 14% to 18% during the forecast period of 2019 to 2025. The digital signage market analysis has showcased North America as the most lucrative region for the market, producing around 30% to 35% of the total demand as of 2018. These digital signage have a wide range of application in entertainment, electronics, automotive, and sports industry. Among these, the key application comes from the transportation sector, increasing at a positive CAGR of 16% to 18% in the aforementioned forecast period. Digital Signage Market Outlook Digital signage is an electronically controlled display installed on large-sized monitors or digital screens. These electronic signage displays are used in outdoor advertising, wayfinding kiosks, wall si

Image Sensors Market - Forecast(2021 - 2026)

The Image Sensors Market is forecast to reach $29.13 billion by 2025, by growing at a CAGR of 8.71% during the period 2019-2025. The growth of the Image Sensors Market can be attributed to increasing applications of image sensors in automotive and industrial segments. The Image Sensors market is anticipated to hugely benefit from the upcoming wave of new technologies in the industrial and automotive sectors in the form of Industry 4.0 and autonomous vehicles. Image Sensors Market Report Coverage The report: “Image Sensors Market – Forecast (2019-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Image Sensors Market. By Technology: CMOS, CCD, CIS, Others By Application: Consumer Electronics, Medical Devices, Industrial, Security and Surveillance, Aerospace and Defense, Automotive, Others. By Geography: North America, South America, Europe, APAC, RoW Request Sample Key Takeaways The market is highly consolidated with the top players including Sony Corpo

Consumer 3D Printing Market - Forecast(2021 - 2026)

The consumer 3D Printing market was valued at $ 1,744.49 million in 2017 and is anticipated to grow at CAGR of over 22% during the forecast period 2018-2023. Consumer 3D printers are gaining prominence given the relatively low cost of the device and the ability of the device to print a product with complex design with ease. Majority of the revenue is generated from jeweler printing which accounted for over $385.02 million in revenues in 2017.Small and Medium Scale Jewelers manufacturers and design hobbyists are opting for 3D printers which produces accurate designs within a very short span of time. Huge demand for custom designs is driving the consumer 3D printer market in the jeweler segment and is anticipated to continue its dominance through the forecast period 2018-2023. What is 3D printing? 3D printing is the process of manufacturing three dimensional objects by depositing successive layers of material through the 3D printer. It is also called as additive manufacturing. This is m

Real Time Location System (RTLS) Market - Forecast(2021 - 2026)

Real Time Location Systems (RTLS) are opted to track the location of objects, assets, or individuals in real-time monitoring. This is done by embedding tags to the object being tracked. The signals sent by the tags are received by fixed receivers or readers to identify the location. The Global RTLS Market is estimated to grow at a CAGR of 14.7% during the forecast period 2018–2024. APAC is projected to be the fastest growing market with a CAGR of 17.5%, which can be attributed to the increasing adoption fuelled by the drop in the prices of the RTLS systems lately. Global RTLS Market Outlook RTLS is typically designed so as to improve the operational processes, workflows, safety, security, inventory management, or a combination of all of these. Application of real-time tracking system for detecting live location of any object or person has proven to be of great assistance in diverse industries such as manufacturing, logistics, healthcare, defense, and so on. According to IndustryARC fi

Patterning Material Market - Forecast(2021 - 2026)

Patterning material is the general term used for the constituents used for photolithography. Photolithography involves carving integrated circuits (ICs) on wafers and etching out materials from a wafer to fabricate electronic devices. This etching is done on polymer films, which are called photoresists. Photoresists get deposited on the surface, when exposed to light of fixed wavelength. This process is extensively used to fabricate printed circuit boards (PCBs). Owing to the steady growth in the PCBs industry, patterning material market is expected to continually expand in the near future. This report segments the patterning material market on the bases of type, application and geography. On the basis of type, patterning material is categorized as G line and I line, positive tone and negative tone. The positive tone is further subdivided into 193 nm and 248 nm, which denote the wavelength of light. By application, the patterning material market is classified into patterning and etchi