Water cut monitors market is anticipated to grow at a CAGR of 4.2% during the forecast period (2024-2031). A water cut monitor measures the water content (cut) of crude oil and hydrocarbons as they flow through a pipeline. A major factor supporting the market growth is growing offshore oil & gas exploration activities. In recent months, several oil majors have emphasized the need for greater investment in oil and gas.
Power device analyzer market is anticipated to grow at a CAGR of 4.8% during the forecast period (2024-2031). The factors driving the growth for power device analyzer market are an easy configuration of power channel, voltage, and current measurement (3kv and 1500 A), and temperature measurement range from -50 to 250°C. Also features like its unique software interface, easy test navigator, unique plug-in style device adaptor, high performance, and high-power efficiency are expected to drive market growth for power device analyzer. In addition to its feature, the rapid expansion of the electric vehicle market as a result of the hazardous emissions by the automobile sector is also driving the power device analyzer market.
Electric food steamers market is anticipated to grow at a CAGR of 6.0% during the forecast period (2024-2031). Electric food steamers are kitchen appliances designed to cook food by using steam generated from boiling water. These steamers typically consist of multiple stackable trays or compartments where food can be placed for cooking. The appliance is equipped with a heating element that heats the water to produce steam, which then circulates through the compartments to cook the food evenly.
Smart toys market is anticipated to grow at a CAGR of 9.4% during the forecast period (2024-2031). Smart toys are toys that incorporate interactive technology such as sensors, cameras, microphones, or connectivity to the internet. They can respond to stimuli, provide feedback, or even adapt to a child's interactions. These toys often aim to enhance learning, creativity, and play experiences. Examples include robotic toys, educational tablets, interactive dolls, and augmented reality games.
Architectural lighting market is anticipated to grow at a CAGR of 7.7% during the forecast period (2024-2031). This market will be driven by the growing demand for well-lit spaces with attractive lighting to enhance interior artifacts and corners. Architectural lighting has been favored by consumers for its cost savings, reliability, durability, adjustable illumination power, and longer life expectancy.
Gaming console market is anticipated to grow at a CAGR of 5.45% during the forecast period (2024-2031). A gaming console is a computer device that allows users to play video games on a screen. Some consoles connect to a television, while others are handheld and have their own screens. Games can be inserted into the device as a disc or card, or downloaded directly onto the device via the internet and the device's online store.
Ultrafast lasers market is anticipated to grow at a significant CAGR of 14.8% during the forecast period (2024-2031). Ultrafast lasers are a variety of laser that produces a sequence or train of pulses, each of which lasts less than a nanosecond.Their high peak intensity and ultra-short pulse length are well-known for enabling accurate and regulated material processing. They are used in the drilling, cutting, ablating, and structuring of different materials.
Flash memory market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period (2024-2031). Flash memory has application in portable devices due to their small size, low power consumption, high storage capacity, and other benefits. The market growth is driven by increased usage and sales of smartphones and related digital devices and growing investment in cloud data centers and digital storage by consumers, governments and enterprises.
LED Lighting Market is anticipated to grow at a considerable CAGR of 9.5% during the forecast period (2024-2031). LED is a highly energy-efficient lighting technology. Residential LEDs -- especially ENERGY STAR rated products -- use at least 75.0% less energy, and last up to 25 times longer, than incandescent lighting. The growing energy demand globally is a key factor supporting the adoption of LED lightings; thereby aiding to the market growth.
Digital signal processors (DSP) market is anticipated to grow at a significant CAGR of 13.4% during the forecast period (2024-2031). The growing adoption of DSP in electronic manufacturing and application in automotive industry is the key factor supporting the growth of the market globally. In the automotive sector, DSP chips contribute to advanced driver assistance systems (ADAS), enabling features like adaptive cruise control, lane departure warnings, and autonomous driving functionalities.
Automotive biometrics market is anticipated to grow at a significant CAGR of 17.6% during the forecast period (2024-2031). Biometrics in automobiles uses built-in sensors to identify and authenticate drivers and passengers. These sensors can use face, iris, voice, and fingerprint biometrics for safety, security, and comfort. The growing technological advancements in automobiles to improve safety & security features have driven the growth of the global automotive biometrics market. The high cost of installation of these advanced features may restrain its market potential.
Gaming laptop market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period (2024-2031). A gaming laptop is a portable computer designed for playing video games online. It has higher-end components than a regular laptop, such as a powerful graphics card, processor, and RAM, to provide a smooth gaming experience. The growing popularity of gaming laptops among individuals owing to its technological advancements is a key factor driving the growth of the global market.
Smart card market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period (2024-2031). A smart card is a small, portable computer that is about the size of a credit card. It contains a microprocessor, some memory, and a few applications. They can store large amounts of data, perform on-card functions, and interact with a smart card reader.The growing adoption of these cards owing to the faster transaction times and improved user experience is a key factor driving the global market. However, the high initial investment in smart cards may restrain its market growth.
Pipeline Monitoring System market is anticipated to grow at a CAGR of 7.6% during the forecast period (2024-2031). The market for pipeline monitoring systems has increased as a result of increasing pipeline installations, leaks owing to corrosion, and growing environmental concerns, which are driving monitoring system adoption by the oil and gas industry.
IoT microcontroller market is anticipated to grow at a CAGR of 12.6% during the forecast period (2024-2031). The growing adoption of IoT connections among consumer and enterprise sectors and the need for low-power, high-performance, and energy-efficient connected products are the key factors supporting the growth of the market globally. Network interfaces are used by microcontrollers to communicate locally with other devices and to send data to an Internet of Things application for analysis. Additionally, they are made to support a variety of network protocols, including Bluetooth, WI-Fi, and cellular networks like 4G and 5G.
IPD market is anticipated to grow at a CAGR of 12.6% during the forecast period (2024-2031). The growing adoption of wireless communication technologies with increased demand for integrated passive devices in RF (Radio Frequency) applications, such as mobile devices, IoT devices, and 5G infrastructure drive the growth of the market. IPDs are being increasingly used in consumer electronics such as gaming systems, wireless speakers, routers, set-top boxes, drones, Wearable and hearable technology, smart TVs, and smart appliances.
Handheld Game Console market is anticipated to grow at a CAGR of 8.2% during the forecast period (2023-2030) owing to the technological advancements, increasing disposable incomes, changing consumer preferences and the rising availability of various gaming options. The ability to play games online as well as the anywhere without the need for an Internet connection is one of the major benefits of portable gaming consoles. Additionally, the fact that these consoles are lighter and more compact than home video game consoles has helped the market expand further.
Touch screen controllers market is anticipated to grow at a significant CAGR of 13.2% during the forecast period (2024-2031). The growing trend for touch screen gazettes is a key driver for the global market growth. Technical complications to retain the right refresh rate and power consumption in accordance to rapidly changing touch screen devices may restrain the global market growth.
Screenless display market is anticipated to grow at a significant CAGR of 28.4% during the forecast period (2024-2031). The continuous innovation in screenless display technology along with growing demand for highly advanced gazettes among tech-savvy consumers is a key factor driving the global screenless display market. The high cost of manufacturing this complicated technology is a key hindrance to its market growth.
Hard Disk Drive (HDD) market is anticipated to grow at a CAGR of 5.4% during the forecast period (2024-2031). A hard disk drive (HDD) is a data storage device that uses magnetic disks to store and retrieve digital data. HDDs are also known as hard drives or fixed disks. The rise in the shift of storage requirements is one of the primary drivers for the increase in market growth. The demand for modern applications, like real-time analytics, online gaming, and AI, calls for lightning-fast data access. This preference for speed pushes cloud providers towards SSDs, which claim significantly lower response times than traditional HDDs.
Narcotics scanner market is anticipated to grow at a considerable CAGR of 6.2% during the forecast period. Government enacted laws & regulations aimed at reducing drug & associated material trafficking are a major factor driving the global market. For instance, in November 2023, the Federal Executive Council, FEC, approved the award of a contract for the supply and installation of customized explosive and narcotic detection screening systems in five international airports across Nigeria.
LED traffic signs and signals market is anticipated to grow at a CAGR of 4.2% during the forecast period (2024-2031) owing to increasing government investments in the development of road infrastructure, adoption of artificial intelligence (AI) in traffic signs enables centralized management, and energy efficient compared to incandescent bulbs. Energy efficiency is one of the major factors driving the adoption of LED technology in the traffic signs and signals industry. LED lighting has several advantages over traditional lighting systems in terms of efficiency and energy use.
Flexible display market is anticipated to grow at a significant CAGR of 28.6% during the forecast period (2024-2031). The growing adoption of flexible displays in different applications such as consumer electronics, rising demand for compact and energy-efficient electronics, and growing technological advancements in display technologies are some of the key factors driving the global flexible display market.
Solid State Drive market is anticipated to grow at a CAGR of 16.48% during the forecast period (2023-2030). A solid-state drive (SSD) is a computer storage device that uses flash memory to store data. SSDs are non-volatile, meaning they retain data even when power is removed. The growing demand in the increase of high-performance computing devices is one of the key factors for the growth of the market. High Performance Computing (HPC) devices are used for a variety of demanding tasks, such as scientific research, engineering simulations, and video editing.
Smart wiring devices market is anticipated to grow at a CAGR of 12.4% during the forecast period (2024-2031). Smart wiring devices include a collection of components, such as smart switches or plugs that integrate advanced technology to offer enhanced control, automation, and connectivity within a home or building. The devices are seen as a replacement for traditional wiring devices, offering features such as remote control, automation, customization, and energy efficiency among others. The increasing adoption of smart home devices, growing demand for energy-efficient and sustainable devices, and developments in wireless communication technology are key contributors to the global market growth. For instance, in January 2023, Leviton introduced its Decora Edge line of wiring devices, a faster, easier, and safer way to install electrical devices for the home.
Telemetric devices market is anticipated to grow at a considerable CAGR of 16.0% during the forecast period. The growing trend of connected devices across several industrial verticals is a key factor driving the growth of the global market. The increasing trend of health consciousness & technology miniaturization is taking the application of telemetric devices from hospital vital monitors to wearable devices which collect data such as ECG, oxygen and other vital signs.
Leak detection market is anticipated to grow at a CAGR of 6.2% during the forecast period (2023-2030). The market’s growth is attributed to the mobile accessibility across the globe. The drive toward mobile-friendly leak detection solutions addresses the demand for mobile access to essential network data. This development corresponds to the growing reliance on mobile devices for commercial activities.
Encoder market is anticipated to grow at a CAGR of 9.2% during the forecast period (2023-2030). Encoder demand is being driven by the increasing adoption of automation across a variety of industries, including manufacturing, automotive, and healthcare. Encoders play a critical role in giving accurate position feedback and precise motion control, both of which are required for automated systems. Electric vehicles, autonomous driving, and space exploration are all driving considerable growth in the automotive and aerospace industries.
Electric water pump market is anticipated to grow at a CAGR of 10.7% during the forecast period (2023-2030). Electric water pump uses a motor to send coolant from the cooling system to the engine internals. The growing adoption of innovative product that cater to the modern consumer including superior quality and high performance electric water pump is the key factor supporting the growth of the market globally.
3D display market is anticipated to grow at a CAGR of 13.3% during the forecast period (2023-2030). 3D displays with LED and OLED technologies offer superior performance and picture quality compared to traditional display technologies. The growing adoption of 3D display coupled with the improving realistic display is the key factor supporting the growth of the market globally.
Timing devices market is anticipated to grow at a CAGR of 10.7% during the forecast period (2023-2030). Timing devices or oscillators based on MEMS (micro-electromechanical system) are used in driving control systems, infotainment systems Consumer electronics, IT and telecom and other applications. The growing adoption of miniaturized devices coupled with the improving low power consumption, high degree of stability, and accuracy is the key factor supporting the growth of the market globally. Crystal mostly vibrates in one axis, therefore only one phase is dominant.
Multichannel data logger market is anticipated to grow at a CAGR of 5.3% during the forecast period (2023-2030). The demand for multichannel data loggers is growing due to factors such as increasing demand for data collection and analysis, growing adoption of the Internet of Things (IoT), and growing application industries such as aviation. Further, increasing technological advancements and growing research on multichannel data logger is also fueling the growth of the market.
Deep sea camera market is anticipated to grow at a significant CAGR of 15.8% during the forecast period. The global deep sea camera market has witnessed significant growth due to several factors such as rising trend of underwater photography, growing use of underwater cameras in media & entertainment and gaining popularity of travel and tourism from several years. Under water adventure sports like scuba diving have attracted many traveler and sports enthusiasts which is further contributing to the market growth.
Visible LEDs market is anticipated to grow at a considerable CAGR of 13.2% during the forecast period. The visible radiation refers to the wavelength range between 400 nm and 800 nm, which can be perceived by the human eye. The growing demand for LED lights in several applications, such as industrial, and commercial is propelling the market growth. The visible light-emitting diode driver has become an important part of commercial and industrial lights and has helped in the reduction of electricity costs considerably.
Electric heating cable market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period (2023-2030). The growth of the electric heating cable is driven by several factors, including the increasing demand for energy-efficient heating solutions in both in industrial and residential applications. Additionally, there is a rising trend of adopting electric heating cables for snow melting applications in commercial spaces, which further contributes to the demand for electric heating cables.
Touchscreen display market is anticipated to grow at a significant CAGR of 8.0% during the forecast period. The growth of the market is attributed to factors such as the increasing adoption of touch-based devices, rising demand for interactive displays in various industries, and advancements in touchscreen technology. For instance, in September 2020, SigmaSense LLC developed high-speed sensor fusion touch controller technology that enables touch sensing through thick glass, bulky gloves, and liquids.
Wireless audio device market is anticipated to grow at a considerable CAGR of 17.5% during the forecast period. The growth of the market is attributed to factors such as technological advancements, increasing consumer demand for wireless audio devices, and the growing popularity of smart devices. Further, the increasing adoption of wireless streaming services and the rising trend of audio content consumption is also expected to fuel the demand for wireless audio devices.
Water purifier market is anticipated to grow at a CAGR of 10.5% during the forecast period (2023–2030). The growth of the market is attributed to the growing demand for growing awareness regarding diseases caused by water across the globe. The requirement for water purification devices has increased as individuals are becoming more aware of the health risks involved with drinking tainted water. Customers are becoming more aware of the significance of having access to safe and clean water for drinking.
Laser sensor market is anticipated to grow at a significant CAGR of 9.3% during the forecast period. The growing automation in end-user industries such as aviation, manufacturing, food & beverages, and automotive among others is a key factor driving the growth of the global laser sensor market. Laser distance sensors are intended for non-contact distance measurements: laser gauges for ranges up to 10 meters, laser distance sensors for ranges up to 3,000 meters. These sensors are commonly used in machine building and handling equipment for location and type classification.
Industrial computer market is anticipated to grow at a CAGR of 5.5% during the forecast period (2023–2030). The market's growth is attributed to factors such as the growing demand for industrial automation developments across the globe. Industrial devices have grown increasingly sophisticated and are employed in a variety of applications, including those requiring higher multitasking performance owing to rising clock rates for automation and computationally heavy applications.
Gaming devices market is anticipated to grow at a significant CAGR of 7.5% during the forecast period. The growth of the market is attributed to factors such as technological advancements in gaming devices, the increasing popularity of esports, and the growing number of gamers worldwide. Further, the rising penetration of smartphones and high-speed internet connectivity has boosted the demand for mobile and cloud gaming.
Laptop market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The market growth is attributed to factors such as the increasing demand from corporate offices and the gaming industry. Further, technological advancements and changing consumer preferences are some of the other factors fueling the demand for laptops. For instance, the India Cellular & Electronics Association (ICEA) stated that the global market size of the IT hardware segments, including laptops and tablets, reached 210 billion US dollars in 2020-21.
Portable vapor pressure tester market is anticipated to grow at a CAGR of 2.72% during the forecast period. Vapour pressure testing is critical in a wide range of sectors including- oil and gas, chemicals, pharmaceuticals, and automobiles. With a rising emphasis on product quality and safety, portable vapour pressure testers are in high demand. These devices aid in the measurement and determination of liquid and volatile vapour pressures, guaranteeing compliance with industry standards and regulations.
Optical extensometer market is anticipated to grow at a CAGR of 4.3% during the forecast period. The optical extensometers are widely used in manufacturing and material testing procedures to reliably detect strain, and deformation. The optical extensometers have sophisticated features and increased measuring capabilities that attracts manufacturing industries.
Plasma cutting system market is anticipated to grow at a CAGR of 5.5% during the forecast period. The growing application of plasma cutting machines in end-user industries is a key factor driving the growth of the global plasma cutting system market. Advancements in the plasma cutting technology has forced metal fabricators to rethink its usage. High-definition plasma cutting provides a squarer edge-cut than previous generations of the technology.
Seawater desalination system market is anticipated to grow at a CAGR of 8.6% during the forecast period. Rise in introduction of cohesive government project and policies are anticipated to drive the growth of the global seawater desalination system market. For instance, in January 2023, The Moroccan government launched 3 new seawater desalination projects in the cities of El Jadida, Safi, and in the Oriental region. The operation has also been started in the starting of 2023, which will increase the water production from desalination to at least 1 billion m3 by 2030.
POE IP phone market is anticipated to grow at a considerable CAGR of 10.2% during the forecast period. Increasing demand for IP phones from small and medium businesses (SMBs) due to the growing trend of bring your own device (BYOD) and telecommuting. The number of VoIP users is rapidly increasing as companies move away from traditional phone networks to save money.
Bluetooth speaker market is anticipated to grow at a considerable CAGR of 11.5% during the forecast period. Bluetooth speakers are often used by youngsters to listen to music at any time and in any location. Consumers' increasing use of wireless electronic gadgets has increased demand for such items. Users nowadays frequently utilize multi-colored Bluetooth speakers to decorate their living and hall areas.
Submersible pump market is anticipated to grow at a CAGR of 6.5% during the forecast period. The presence of submersible pump market players such as Atlas Copco UK Holdings, C.R.I. Pumps Pvt Ltd., Flowserve Corp., and others across the globe is the major factor driving the growth of the market. Key players are inclined to launch new products to stay competitive in the market.
Motor monitoring market is anticipated to grow at a CAGR of 7.6% during the forecast period. The growing acquisition by key players across the globe is the major factor driving the growth of the market. Key players are adopting acquisition strategies to stay competitive in the market.
Voice coil motors sales market is anticipated to grow at a CAGR of 4.9% during the forecast period. Voice coil motors also known as voice coil actuators are highly precise and controllable electrical actuators, suitable for applications requiring limited displacement. The voice coil converts electrical signals directly into linear magnetic force, providing a much higher purity of motion.
Food blenders & mixers market is anticipated to grow at a CAGR of 6.1% during the forecast period. The growing involvement of start-ups to launch new products across the globe is the major factor driving the growth of the market. Start-ups are more inclined to launch new technological products in the market to cater to the demand. For instance, in February 2022, Atomberg Technologies Pvt. Ltd., a Mumbai-based start-up company launched MG 1, a mixer grinder with inverter motor technology in India.
Street lightning market is anticipated to grow at a significant CAGR of 6.4% during the forecast period. The demand for use of smart street lighting for energy conservation and high efficiency is boosting the market. Energy efficient technologies and design can cut street lighting costs dramatically often by 25-60%, these savings can eliminate or reduce the need for new power generating plants and provide the capital for alternative energy solutions for populations in remote areas.
Microcontrollers market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. The rising demand from the medical sector for electronic medical devices to measure oxygen levels, blood pressure, temperature, and sugar levels and others is growing the market for microcontrollers. In addition the rising number of patients of diabetes, high blood pressure and other diseases is fuelling the demand for medical devices which further increases the demad for microcontrollers as these are used in these medical devices for providing better functioning and providing accurate results.
Wi-Fi chipset market is anticipated to grow at a significant CAGR of 3.8% during the forecast period (2022-2028). One of the major drivers of the global Wi-Fi chipset market is the expanding adoption of Wi-Fi in businesses and enterprises. The Wi-Fi-based business models are getting more popular across all the business and enterprise sizes such as multinational banks to small start-up companies, and all segments of the application.
Digital drawing tablet market is anticipated to grow at a significant CAGR of 4.5% during the forecast period. The rise in digitization, increasing preference towards more hi-tech approaches, and technology in most of the industries have shifted consumers' preference towards digital drawing or graphic tablets in the past few years. More and more artists are shifting to use these tablets owing to its easy carry feature as compared to traditional drawing. It has contributed to the growth of the market which can be seen in the market players' growth. For instance, as per the annual report of ViewSonic, the company faced 22% year-on-year growth in 2020.
Wearable technology market is anticipated to grow at a significant CAGR of 12.8% during the forecast period. Wearable technologies are smart electronic devices that can be worn on consumer’s body. Wearable devices include smart watches, smart clothing, smart glasses, and fitness band. The changing lifestyle and consumer preference is driving the growth of the wearable technology market across the globe. People are upgrading their lifestyle towards modernization which increases the usage of smart wearable devices and led to the market growth.
Hair dryer market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024-2031). The inclination of customers towards personal grooming has surged the demand for hair styling products, especially hair dryers. Professional hair salons are collaborating and focusing on expanding their salon chain globally to increase their customer base, which is expected to enhance the demand for hair dryers. The hair damage caused by heat released by hair dryers is restraining the global market growth. However, the ongoing product innovations are creating huge opportunities for global market growth.
The global fitness equipment market is anticipated to grow at a significant CAGR of 3.4 % during the forecast period. An increased intake of energy-dense foods that are high in fat and sugars and an increase in physical inactivity are rising obesity problems. The increasing obesity among individuals is propelling the growth of the fitness equipment market over the forecast period. Most of the global population resides in countries where overweight and obesity kill more people than underweight. Childhood obesity is associated with a higher chance of obesity, premature death, and disability in adulthood.
The global baby monitors market is anticipated to grow at a significant CAGR of 5.3% during the forecast period. Owing to the increasing additions and advances in the features of baby monitors devices. Various latest technologies and consumer demand for addition of smart technologies to the product has made it possible for baby monitor manufacturers to present products with increased features. These increased features include temperature sensors, cry detection, mobile alerts, two-way audio features, and others.
The global Biometric Sensors market is anticipated to grow at a significant CAGR of around 11.7% during the forecast period. The rise in adoption of biometric-based identity and authentication methods by several end-user industries attributed to rising security threats and incidences of duplicate identity cases are factors that drive global biometric sensors market growth. For instance, in January 2022, Samsung launched new fingerprint security IC (integrated circuit) S3B512C with enhanced security features.
The global market for cryocooler is projected to have a considerable CAGR of around 6.9% during the forecast period. Cryocoolers are standalone devices utilized for providing cooling temperatures at different cryogenic levels. Cryocoolers are significantly used for applications in the transportation/storage of gases at extremely low temperatures as well as cooling of products, particularly infrared products in various applications. Cryocooling solutions have been witnessing wide popularity across the major end-use verticals including mining, medical, and power plants.
Modular UPS market is anticipated to grow at a significant CAGR of around 10.5% during the forecast period. The growing need for zero power outages from various industries would propel the market forward. The digital revolution has impacted business in every industry. As a result, electronic devices are being used to collect and retrieve data for business activities.
The global compressor control system market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factors that are expected to boost the market during the forecast period include technological proliferation and growth across the oil and gas and water and wastewater sector.
The global baggage scanner market is anticipated to grow at a significant CAGR of 5.8% during the forecast period. Security personnel can use a baggage scanner to create a picture of what's inside your bags and check anything that appears suspicious. The 3D baggage scanner is used to provide high-resolution 3D images that enable operators to make more accurate assessment of a bag’s contents.
The global cordless vacuum cleaner market is anticipated to grow at a significant CAGR of 9.8% during the forecast period. The growing awareness associated with the benefits of vacuum cleaners is another major contributor, fuelling the growth of cordless vacuum cleaner market.
The global folding keyboards market is anticipated to grow at a significant CAGR of 4.9% during the forecast period. The advancement in technology along with attributes offered by folding keyboard to consumer are some of the major factor driving the growth of the market.
The global wireless keyboard market is anticipated to grow at a significant CAGR of 5.0% during the forecast period. There are various methods to connect wireless keyboards with devices. Wireless keyboard is connected with the help of radio frequency (RF), infrared and Bluetooth.
The global mini washing machine market is expected to grow exponentially at a significant CAGR of 3.5% during the forecast period (2021-2027). The primary factors contributing to the growth of the market include increasing demand for the portability and compact sizedmini washing machine.
The global grinding machine market is anticipated to grow at a CAGR of 8.5% during the forecast period (2021-2027). A grinding machine is a tool used in cleanliness or grinding workpieces in the manufacturing sector.
The global environmental sensors market is anticipated to grow at a CAGR of 10.2% during the forecast period (2021-2027). The factors that are driving the growth of the global environmental sensors market include rising environmental pollution due to increased industrialization and urbanization, stringent government regulation to reduce pollution levels, and increased funding towards environmental sustainability.
The global Heat pump water heater market is expected to grow at a significant CAGR during the forecast period (2021-2027). Demand for energy-efficient products that reduce energy costs and lower carbon emissions has been rising significantly in residential, commercial, and industrial sectors across the globe.
The global electric neck warmer market is anticipated to grow at a significant CAGR during the forecast period 2021-2027. An electric neck warmer is a type of heating belt augmented with an electric coil and a series of interconnected wires covered by a heat-resistant plastic coating.
The global Power over Ethernet (PoE) market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The PoE-based devices include power delivery systems (PDS), power supply systems (PSE), and both.
The global electronic flight bag market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). An electronic flight bag or EFB is a type of retrieves and storage solution for documents needed for flight operations.
The global printed electronics market is estimated to grow at a significant CAGR during the forecast period. The demand for printed electronics for connected devices is rising, as is the use of flexible electronics components in consumer electronics.
The global tablet PC market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The higher demand for PCs combined with their shortages has largely impacted their supply over the past few years. In this continuum, various active players of the global tablet PC market are constantly introducing new tablet ranges to cater to their rising demand.
The global electronic sensors market is projected to grow at a significant CAGR during the forecast period. The increased penetration of smartphones, together with technological advancements in smartphone sensor technology, are the primary factors driving the electronic sensors industry.
Carbonyl sulfide, also known as carbon oxide sulfide, is a colorless poisonous gas with the characteristic odor like sulfur. Its molecular structure is linear like carbon-di-oxide but it is flammable in nature.
The global DSP motor control market is expected to grow at a significant CAGR during the forecast period. It is defined as a control system integrated with the motor to elevate the performance by inducing a high speed and efficient power supply throughout the circuits.
The global endoscope reprocessing market is estimated to grow at a CAGR of nearly 7.5% during the forecast period (2021-2027). Emerging economies in the Asia-Pacific region such as India, China, Brazil, and Russia among others offer lucrative investment prospects for international infection control companies who are looking to relocate their operations across these countries.
The Global Enterprise Wearable Market was anticipated to grow at a significant CAGR during the forecast period 2021-2027. The enterprise wearable is technology-based devices and equipment that are designed to enable productivity and performance with advanced hi-Tec end-user experience provided by the industries.
The global grid computing market is estimated to grow at a significant CAGR during the forecast period 2021-2027. Grid Computing is an application or a process of widely segmented computer resources to reach a common goal.
The global computer engineering market is anticipated to grow at a significant CAGR of 4.0% during the forecast period 2021-2027. The computer engineering is a combination of computer science and electronic engineering that enables the development of hardware and software for the computer.
The global router and switch infrastructure market is expected to grow at a significant CAGR during the forecast period. Routers and switches are essential components of every network, and their function in connectivity has changed.
The global residential router market is expected to grow at a significant CAGR during the forecast period. Internet Service Providers use wireless routers to link their internet connections to the router. They are physical devices that connect to the Internet through cable or xDSL.
The global dispatch console market is estimated to grow at a CAGR during the forecast period. A dispatch console is a technology that connects to a private or public radio network and allows the dispatcher to speak directly with all field employees, police officers, EMS staff, and others to coordinate their actions.
The global tunable filters market is estimated to grow at a significant CAGR during the forecast period. Multiple liquid crystal variable retarders filter stages are protected in a temperature-controlled container in a tunable optical filter.
The market of Wearable Patch is anticipated to grow at a significant CAGR during forecast period. Advanced medical bandages worn on the body for illness monitoring, drug delivery, diagnosis, and patient well-being are referred to as wearable patches.
The Global Class D Audio Amplifier Market is expected to grow at a significant CAGR during the forecast period (2021-2027). A class D amplifier is an integrated circuit (IC) placed into an electronic device that boosts the sound of a low-power electronic audio signal to a high-level audio signal.
The global set-top box market is expected to grow at a significant CAGR of 4.1% during the forecast period (2021-2027). The major factors contributing to the growth of the global set-top box market include rising internet penetration and on-demand video services with demand for HD channels.
The global enterprise mobile devices market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factor contributing to the growth of the global enterprise mobile devices market includes the rising demand for smartphones.
The Global Bluetooth Smart and Smart Ready Market are expected to grow at a significant CAGR during the forecast period (2021-2027). Bluetooth Smart is a new idea in the mobile connection sector. The basic notion underlying this new technology is that it allows Bluetooth-enabled devices to communicate with one another.
The global wireless sensors market is expected to grow at a significant CAGR of 24% during the forecast period (2021-2027). The major factors contributing to the growth of the global wireless sensors market include growing miniaturized electronic gadgets demand and better communication capabilities.
The Global Battlefield Management Systems Market is anticipated to grow at a CAGR during the forecast period. The major factors for the growth of the market are the increasing need for precise situational awareness and the importance of the decision-making process during combat situations.
The barcode scanner and printers market is anticipated to grow at a significant CAGR during the forecast period. Barcode printing technology is being used by manufacturers to help save costs, streamline operations, and improve quality control, which is fueling the growth of the barcode printer market.
The market for Home Broadband Wifi Devices is anticipated to grow at a significant CAGR during the forecast period. When compared to fibre or wired alternatives, wireless communication is gaining popularity as it is more cost-effective and environmentally friendly.
The global door phones market is anticipated to grow at a significant CAGR during the forecast period. The term "door phone" refers to a collection of electronic and electrical components located at the entrance door of various infrastructures.
The global massive MIMO (multiple-input multiple-output) market is expected to grow at a significant CAGR of 35% during the forecast period (2021-2027). The major factors propelling the growth of the global massive MIMO market include the rising need for high-speed synchronization.
The global current sensors market is anticipated to grow at a significant CAGR of 8.4% during the forecast period. The growing demand for low-cost, accurate, and small-size solutions of current sensors from industrial, automotive, communication, and electronic industries to drive the market growth of current sensors.
The global broadcast switcher market is anticipated to grow at a significant CAGR during the forecast period. The major factor for growth of the market is the increasing shift towards digital broadcasting prior to analog broadcasting.
The global 3D Induction system market is anticipated to grow at a significant CAGR during the forecast period. 3D Image capture can detect scenes and objects in three dimensions. The three-dimensional information of the object is obtained according to the reflection characteristic, optical and acoustic characteristic of the object surface by irradiating the object with a specific and artificial controlled light source and sound source.
The Global Wireless Smart Plug Market is expected to grow at a significant CAGR during the forecast period. Remotely controlled devices, such as smart plugs, have become possible due to a shift in consumer preferences toward a more comfortable lifestyle, advancements in the IoT framework, and increasing awareness of energy conservation.
The global optical detector market is anticipated to grow at a significant CAGR during the forecast period. The increasing use of optical detectors in consumer electrical gadgets globally is propelling the market forward.
The global LCD electronic shelf label market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the global LCD electronic shelf label market include the rising automation in the retail industry.
The global copper wire bonding market is anticipated to grow at a significant CAGR during the forecast period. Copper wire bonding is a wire bonding procedure in semiconductor packaging that uses copper wire instead of aluminium or gold wires in standard semiconductor packaging.
The global technical oxide ceramic market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors contributing to the growth of the market include rising demand for ceramics in medical devices manufacturing including X-ray tubes, implants, pacemakers, kidney dialysis devices, pressure sensors, dental screws and bridges, femoral head implants for hip replacement, hand tools, valves, fillers, and others.
The global non-auxiliary near field communication (NFC) products market is estimated to grow at a significant CAGR during the forecast period. Internal NFC-enabled accessories, such as NFC IC/Chips built for smartphones to perform contactless payments, access control, and secure data sharing with other NFC devices, are known as non-auxiliary NFC products.
The global non-auxiliary near field communication (NFC) products market is estimated to grow at a significant CAGR during the forecast period. Internal NFC-enabled accessories, such as NFC IC/Chips built for smartphones to perform contactless payments, access control, and secure data sharing with other NFC devices, are known as non-auxiliary NFC products.
The global electronic grade isopropyl alcohol market is estimated to grow at a significant CAGR during the forecast period. Electronic grade isopropyl alcohol is mostly used in the processing of precision electronic components such as magnetic heads, liquid crystals, and circuit boards, chips as well as ultra-clean organic solvents for cleaning equipment.
The high-speed optical transceiver market is anticipated to register at a significant CAGR during the forecast period from 2021 to 2027. The global demand for optical transceivers has increased drastically in recent years as a result of increased investment in optical devices and the faster advancement of optical communication.
The global ethernet transformer market is anticipated to grow at a remarkable CAGR during the forecast period. Integration of IoT devices in various sectors such as telecom, BFSI, and others will also contribute to the market growth throughout the forecast period.
The global electromechanical microwave switch market is anticipated to rise at a significant CAGR during the forecast period. A hybrid energy system that consists of both electrical and mechanical qualities is known as an electromechanical device. Electromechanical microwave switch is generally utilised in communication antenna switching, transmit/receive switching, and unessential communication systems.
The market for wavelength division multiplexing is expected to grow at a significant CAGR during the forecast period (2021-2027). Wavelength division multiplexing (WDM) is a cutting-edge optical fiber communication technology that focuses on multiplexing optical signals on a single fiber depending on color or wavelength.
The global Passive Optical Network (PON) market is estimated to grow at a CAGR of nearly 20.1% during the forecast period. The major factors contributing to the growth of the global Passive Optical Network (PON) market include the rising development in network technologies and the growing need for a faster network.
The global light fidelity (Li-Fi)/ visible light communication (VLC) market is anticipated to grow at a CAGR of more than 85% during the forecast period. The major factor for the growth of the market is the increasing concern regarding cyber security.
The global LAN/WAN test equipment market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing demand for high internet along with the development of enterprise networks such as IoT.
The global Ethernet adapter market is estimated to grow at a significant CAGR during the forecast period. Ethernet adapter is a hardware component that provides access to an Ethernet connection from a device or workstation.
The global multi-viewer monitoring system market is estimated to grow at a significant CAGR during the forecast period. The key factor contributing to the growth of the global multi-viewer monitoring system market includes the growth of global broadcasting industry and the rise in adoption of multi-viewer monitoring systems in various industries such as media and entertainment, military, enterprises, retail, and many more.
The global UVC LED Chips market is anticipated to exhibit significant CAGR of 17.2% during the forecast period (2021-2027). The growing demand for UVC LED chips owing to its tremendous applications is a key factor driving the growth of the global UVC LED chips market.
North America Electronic Films market is anticipated to exhibit considerable CAGR of 5.4% during the forecast period (2021-2027). High chemical resistance,optical transparency, low coefficient of friction, low dielectric constant high-temperature tolerance, conductivity, moisture resistance, high insulation, and low surface energy of electronic films makes them superior choice for application in the consumer electronics industry.
US Electronic Films market is anticipated to exhibit considerable CAGR of 5.3% during the forecast period (2021-2027). The technological advancement in consumer electronics and high per-capita income of the population are the key factors that are supporting the growth of electronic films market in the US.
Japan Electronic Films market is anticipated to exhibit considerable CAGR of 6.9% during the forecast period (2021-2027). Presence of well-established electronics industry in the country is a key motivator for the growth of electronic films market in Japan.
India Electronic Films market is anticipated to exhibit considerable CAGR of 7.8% during the forecast period (2021-2027). The growing urbanization, rising disposable income, and rising need for connectivity are leading towards the burgeoning market for consumer electronics market in India.
The Electronic Films market is anticipated to showcase considerable CAGR of 7.5% during the forecast period. The growing urbanization, rising disposable income, and rising need for connectivity are leading towards the burgeoning market for consumer electronics market in Asia-Pacific region.
Electronic Films market is projected to grow at a considerable CAGR during the forecast period (2021-2027). Various pivotal factors such as growth in IoT (Internet of Things) market, technological advancement in electronics market, cohesive government initiatives, among others create significant demand for the electronics devices which in turn is anticipated to drive the electronic films market.
The global market for the water heater is projected to have a CAGR of around 5.7% during the forecast period. Factors augmenting the water heater market is increasing the disposable income of the people along with improving the standard of living in emerging economies.
The US laser projection market is projected to witness CAGR of around 14.5%, during the forecast period. The major factors contributing to the growth of the market include the rising sales of laser projectors in retail and education sector, backed by the rising digitalization across these sectors in the country.
UK laser projection market is projected to witness CAGR of around 16.4%, during the forecast period. The major factors contributing to the growth of the market include the considerable change in the workplaces in UK, with the adoption of digital technologies.
The North America laser projection market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the high deployment rate of laser projectors in enterprises, educational institutions, and retail sector.
India laser projection market is projected to witness CAGR of around 18.4%, during the forecast period. The major factors contributing to the growth of the market include the increasing expansion of projects of large enterprises in India, backed by the ease of FDI in the country.
The European laser projection market is projected to exhibit a CAGR of around 13.9% during the forecast period. The major factors contributing to the growth of the market include the continuous expansion of large IT enterprises in the European nations, such as France and Italy.
The Asia-Pacific laser projection market is projected to witness CAGR of 18.1%, growth during the forecast period. The major factors contributing to the growth of the market include the presence of the largest producer of electronic devices and components ‘China’, and the presence of key market players in the region, such as NEC Corp., Panasonic Corp., Sony Corp., and Casio Computer Co., Ltd.
The global laser projection market is growing at a significant CAGR of around 17.2% during the forecast period (2020-2026). Laser projection signifies graphics and animations that are displayed on projection surfaces using a laser display.
The US electronic sensors market is estimated to grow at a CAGR of 8.6% during the forecast period. The electronic sensors market in the country is driven by the rising application of sensor-based devices in different sectors including consumer electronics, aerospace & defense, automotive, security & surveillance, and healthcare among others.
The UK electronic sensors market is estimated to grow significantly during the forecast period. The market is mainly driven due to the growing advancement in the automotive sector such as the introduction of autonomous vehicles in the country.
The North American electronic sensors market is estimated to grow at a CAGR of 8.6% during the forecast period. The growth of the market is attributed to the increasing demand in various industries such as consumer electronics and automotive.
Indian electronic sensors market is estimated to grow at a CAGR of 10.5% during the forecast period. The market is mainly driven due to the rising demand for consumer electronics such as smartphones, cameras, and other equipment; growing digital solutions in the industrial sector, and increasing adoption of sensors in the automotive sector.
The European electronic sensors market is estimated to grow at a CAGR of 8.4% during the forecast period. Advancement in the automotive industry, healthcare, security including others is the major factors that are propelling the market growth.
The asia-Pacific electronic sensors market is estimated to grow at a CAGR of 9.4% during the forecast period. The significant market is due to various consumer electronics manufacturing locations in the region. China is a hub for global companies for manufacturing consumer electronics including smartphones.
US smart meters market is estimated to grow at a CAGR of 5.5% during the forecast period. The market is backed by significant installations of smart meters in the country. In 2018, the US utilities witnessed nearly 86.8 million advanced metering infrastructure (AMI) installations.
The UK smart meters market is estimated to grow significantly during the forecast period. Supportive government programs, the rising deployment of smart meters in domestic and industrial sectors, and the rising intervention of the large suppliers in the deployment of smart meters in the country are some of the key factors to drive the growth of the market in the UK.
The North American smart meters market is estimated to grow at a CAGR of 5.6% during the forecast period. The market is driven by the rising trend towards smart metering solutions in the region due to their cost-effectiveness, reduction of theft and maintaining utility revenues, and others.
Indian smart meters market is estimated to grow at a CAGR of 8.3% during the forecast period. The market is driven by government funding for smart city projects in the country. The government has plans to build 90 smart cities by 2022.
The European smart meters market is estimated to grow at a CAGR of 5.8% during the forecast period. The major factor that propels the market growth includes the rising inclination towards smart metering solutions over conventional meters in the residential and commercial sector due to various benefits such as cost-cutting, easy management, and theft detection.
The Asia-Pacific smart meters market is estimated to grow at a CAGR of 7.5% during the forecast period. The major factor that propels the market growth in the region includes the rising smart city projects and partnerships for the development of smart meters.
The US fire alarm system market is anticipated to exhibit a considerable CAGR of 7.5% during the forecast period. Fire alarm systems are in high demand in the region, owing to proper implementation of state and national policies and building codes to improve fire safety, educational campaigns focusing on smoke detectors, and behavioral changes such as the gradual decline in smoking rates.
The North American fire alarm system market is anticipated to exhibit a considerable CAGR of 7.4% during the forecast period. Fire alarm systems are in high demand in the region, owing to proper implementation of state and national policies and building codes to improve fire safety, educational campaigns focusing on smoke detectors, and behavioral changes such as the gradual decline in smoking rates.
The Indian fire alarm system market is anticipated to exhibit a considerable CAGR of 8.0% during the forecast period. Fire alarm systems are in high demand in the country, owing to proper implementation of state and national policies and building codes to improve fire safety, educational campaigns focusing on smoke detectors, and behavioral changes such as the gradual decline in smoking rates.
The European fire alarm system market is anticipated to exhibit a considerable CAGR of 7.2% during the forecast period. Population growth, demographic changes, and a favorable economic environment are driving high demand for residential buildings.
The Asia-Pacific fire alarm system market is anticipated to exhibit a considerable CAGR of 7.9% during the forecast period. Presence of strict laws and regulations related to fire safety is a key factor contributing to the demand for the fire alarm system market in the region.
The global fire alarm system market is projected to grow at a considerable CAGR of 7.2% during the forecast period (2020-2026). A sudden outburst of fire can have a far-reaching negative impact on the institution's buildings, contents, and mission.
The US restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 6.9% during the forecast period. Rising demand for cloud-based POS systems and the expansion of restaurant chains are pivotal factors that accelerate market growth. Increasing adoption of cloud-based POS systems has been witnessed in large, small, and medium-sized restaurants, owing to its scalability, cost-effectiveness, ease of use, and security.
North American restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR 6.8% during the forecast period. Increasing number of restaurants and rising demand for mobile POS are some pivotal factors encouraging the market growth. National Restaurant Association anticipates $899 billion sales of the US restaurant industry in 2020. By 2030, 1.6 million new restaurant jobs will be created in the US.
Indian restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 9.5% during the forecast period. Rising urbanization and increasing restaurant chains are pivotal factors driving the market growth. United Nations (UN) projected that India will have added 416 million urban dwellers by 2050.
European restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 7.1% during the forecast period. Increasing demand for cloud-based POS solutions and expansion of restaurants chain are some pivotal factors accelerating the market growth. The demand for cloud-based POS systems has been emerging in the region owing to the increasing demand for scalable, cost-effective, security, and ease of use platform.
Asia-Pacific restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR 9.3% during the forecast period. Expansion of quick-service restaurants (QSR) and increasing demand for advanced payment processing systems in the hospitality industry are some pivotal factors accelerating market growth. QSR such as KFC, McDonald's, and Burger King have been expanding their presence and customer base in the region.
The global restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 7.8% during the forecast period. Expansion of food outlets and emerging demand for advanced payment options in the restaurants are primarily leveraging the adoption of POS terminals. An increasing number of food outlets have been witnessed owing to the rising shift towards western-style diets.
The US smart home security camera market is anticipated to showcase a considerable growth rate during the forecast period. The trend of single living is most prevalent in the country which creates demand for smart home cameras for home surveillance in absence of residents. Besides self-monitoring, these modern cameras offer a wide range of features ranging from facial recognition technology, voice control, and can give notification via mobile app.
UK smart home security camera market is anticipated to showcase a considerable growth rate during the forecast period. Rising penetration of smart homes, growing sales of smart home devices, and increasing spending of consumers on home automation products are among the key factors that are driving the growth of the market in the UK.
The North American smart home security camera market is anticipated to showcase a considerable growth rate during the forecast period. The economic stability, rising spending on security appliances, and the high purchasing power of consumers are the other prominent motivators for residents to invest in smart home security cameras, which in turn is expected to drive the regional market share.
The European smart home security camera market is anticipated to showcase a considerable growth rate during the forecast period. UK is anticipated to hold considerable market share in the European smart home security cameras market. The prevalent trend of one person or two-person households in European countries including the UK, France, Spain, and Italy is promoting consumers to make investments in the household security devices to protect their homes in the absence of residents.
China smart home security camera market is anticipated to showcase a CAGR of 15.5% during the forecast period. Rising growth in infrastructure along with rising construction projects to meet the growing population; significant number of home improvement projects undertaken by consumers owing to increasing purchase power; and rise in purchase of smart home appliances are among the key factors that are contributing towards the high share of smart home security market in China.
Asia-Pacific smart home security camera market is anticipated to showcase a CAGR of 15.0% during the forecast period. Rapid urbanization, growing purchasing power, and growing trend of smart homes are among the key factors that are fuelling the growth of the market in Asia-Pacific region.
The global smart home security cameras market is projected to grow at a CAGR of 12.7% during the forecast period (2020-2026). Rising penetration of smart homes, growing sales of smart home devices, and increasing spending of consumers on home automation products are likely to drive the growth of the global market.
The US broadcast switchers market is anticipated to showcase a CAGR of 8.7% during the forecast period. Rising focus on making investments in production equipment that generate low cost & high efficiency benefits promotes the sales of broadcast switchers in the US. The high demand for High Definition (HD) and 4K resolutions from both viewers’ and producers’ side is a key factor contributing towards the high growth of the market in the US.
The North American broadcast switchers market is anticipated to showcase a CAGR of 8.5% during the forecast period. The high demand for High Definition (HD) and 4K resolutions from both viewers’ and producers’ side is a key factor contributing to the high growth of the regional market. Video streaming is considered as the fastest growing entertainment industry in North America with a substantial number of major video streaming platform that includes Netflix, Prime Video, YouTube TV, FuboTV, Disney+, VRV, and Tubi.
Japan broadcast switchers market is anticipated to showcase a CAGR of 8.0% during the forecast period. Rising focuses on making investments in production equipment that generate low cost & high-efficiency benefits promote the sales of broadcast switchers in Japan. The high demand for High Definition (HD) and 4K resolutions from both viewers’ and producers’ side is a key factor contributing to the high growth of the market in Japan.
The European broadcast switchers market is anticipated to showcase a CAGR of 7.6% during the forecast period. The high demand for High Definition (HD) and 4K resolutions from both viewers’ and producers’ side is a key factor contributing towards the high growth of the regional market. UK is anticipated to hold considerable market share in the European broadcast switchers market.
The Asia-Pacific broadcast switchers market is anticipated to showcase a considerable CAGR of 9.5% during the forecast period. Considerable increase in the cable & satellite television channels coupled with an upsurge in the internet penetration is driving the growth of the broadcast switcher market in the region to view high-quality videos on a single go.
The global broadcast switchers market is projected to grow at a considerable CAGR of 8.2% during the forecast period (2020-2026). The growing interest in live breaking news & stories drives the deployment of television production trucks and promotes the demand for portable broadcast switchers across the globe. A broadcast switcher is a hardware device mainly used in the production of high-quality HD videos.
The US printed electronics market is estimated to grow significantly during the forecast period. The growth of the market is mainly driven due to the rising demand for flexible and printed electronics components in various industries such as consumer electronics, automotive, and others.
The UK printed electronics market is estimated to grow significantly during the forecast period. The growing trend of advanced electronics products such as smartphones, laptops, and TV in the UK, is further setting up the positioning of printed electronics in the consumer electronics sector.
The North American printed electronics market is estimated to grow significant CAGR of 13.6% during the forecast period. The growth of the market is attributed to the growing demand for printed electronics in several industries such as consumer electronics, automotive and others.
The European printed electronics market is estimated to grow significantly at a CAGR of 12.5% during the forecast period. Europe is considered as a prominent electronics region, designing and manufacturing leading-edge micro and nanoelectronics solutions for the printed electronics market.
China printed electronics market is estimated to grow significantly at a CAGR of 15.5% during the forecast period. The major factors that contributing in the growth of the market include high customer base in China, and significant market for consumer electronics contract manufacturing.
The US self-service technology market is anticipated to grow at a CAGR of 5.2% during the forecast period. The increased awareness regarding the use and benefit of self-service technologies is the major factor impacting the growth of the market across the country. Additionally, the high penetration of various self-service technology incorporated machines such as ATM, Kiosk, and vending machines across the country that also get continuously updated with the advancement in technology will also influence market growth.
The North America self-service technology market is anticipated to grow at a CAGR of 5.6% during the forecast period. The early adoption of new technology in the region is the major factor driving the growth of the market. Additionally, self-service vending machines also have considerable popularity across the region since it eliminates the line-ups and the need for staff to assist with items.
The Indian self-service technology market is anticipated to grow at a CAGR of 8.9% during the forecast period. The self-service technology is evolving as an innovative resource to achieve speed, efficiency, cost reduction, customer convenience among various businesses across the country. Additionally, increasing urbanization coupled with the awareness as well as literacy rate will foster the growth of the Indian self-service technology market.
The European self-service technology market is anticipated to grow at a CAGR of 5.3% during the forecast period. The self-service industry is succeeding owing to the availability of technology. By integrating several tools into physical stores, retailers are simplifying self-service for their customers and enhancing their personal experience. Digital signage is one of the technologies that has changed the shopping behavior of the people by making it possible to customize self-service kiosks to the needs of the customers.
The Asia-Pacific self-service technology market is anticipated to grow at a CAGR of 7.4% during the forecast period. The regional market growth is driven by the increasing adoption of self-service technology by various verticals to maximize the consumer service experience and reduce the overall operational cost. Additionally, the recent consumer shift towards instant service without the hassle of payment is also influencing the growth of the market.
The self-service technology market is anticipated to grow at a CAGR of 6.5% during the forecast period. Self-service technologies software interface or hardware enables consumers to utilize the services without any direct contact with the service provider. The increasing use of self-service technologies is making the mode of the transaction more accurate, convenient, and faster. The growth of the self-service technology market is mainly attributed to the fact that it saves valuable time for staff and administration while serving a large consumer base.
Ethernet controller market is projected to grow at a considerable CAGR of 6.8% during the forecast period (2020-2026). Ethernet controller is a semiconductor device that controls communication over Ethernet. The rise in the adoption of networking devices such as smartphones, laptops, and PCs among others is a key factor driving the growth of the Ethernet controller devices.
The global broadcast equipment market is projected to grow at a significant CAGR during the forecast period. The key factors that drive the growth of the market include the rising number of devices integrated with the digital media as well as increased internet penetration. This has leveraged the customers with an option to access media content individually in terms of entertainment, social activity, and information at any time and anywhere.
The global market for electric water heater is projected to have considerable CAGR of around 5.4% during the forecast period. The major factor driving the market of electric water heater is that the electric heater do not having the danger of exploding as compare to gas water heater. In addition to this, electric water heaters allow hassle free installation leading to the increase in market growth for electric water heaters.
The global market for printed electronics is projected to have considerable CAGR during the forecast period. The market growth mainly driven by the increasing demand for printed electronics for connected devices, increasing adoption of flexible electronics components in consumer electronics and cost effectiveness of printed electronics products.
The global gaming accessories market is projected to grow at a significant CAGR during the forecast period. Increased adoption of smartphones & tablets, rapidly evolving technologies such as virtual reality and AI are propelling the market growth across the globe. Further, the growth in e-sports also encourages the demand for the gaming accessories market, as it upsurges the demand for advanced gaming keyboards and gamepads and other gaming accessories.
The global market for electronic sensors is projected to have considerable CAGR of around 12.8% during the forecast period. The major factors that propels the electronic sensors market include growing penetration of smartphone coupled with growing technological advancement in the smartphone sensor technology.
The global market for smart meters is projected to have considerable CAGR of around 7.5% during the forecast period. The market growth mainly backed by the increasing inclination towards smart meters in place of conventional meters due to various advantages, such as theft detection and leakage management further raises the demand for smart meters across the globe.
The global Bluetooth tester market is growing at a significant CAGR of around 6.0% during the forecast period (2020-2026). Bluetooth tester measures the signal strength of the Bluetooth devices by sequentially measuring modulation, frequency accuracy, power, and frequency drift.
The global Nano positioning system market is estimated to grow at a significant CAGR during the forecast period. Nano positioning and measuring systems are utilized to measure 3D coordinates within a specific range and resolution of around 0.1 nm. Further, the sensor arrangement is done in such a way that it provides Abbe error-free measurement on all of the three coordinate axes for the measurement of length and measuring axes.
The global mobile card reader market is estimated to grow at a CAGR of over 13% during the forecast period. A mobile card reader is a data input device that reads data from a card-shaped storage medium. These electronic devices read plastic cards embedded with either a barcode, magnetic strip, computer chip or another storage medium. Owing to the increased adoption of cashless payment methods and digitalization, the market size is expected to expand during the forecast period.
The global ethernet transformer market is projected to grow at a considerable CAGR during the forecast period. The market growth is attributed to the growing demand for connectivity in various sectors such as IT & Telecom, BFSI, and others.
The global GaN and SiC power semiconductor market is estimated to exhibit a CAGR of over 25% during the forecast period. In power electronics, Si-based power devices have proven to be efficient in a wide range of applications. However, for higher power and higher frequency applications, more power is required, thus technologically advanced SiC along with GaN power devices are being introduced as an alternative of Si-based power devices for high power and high-efficiency applications.
Earlier to the COVID-19 pandemic, a modest growth rate in the electronics market was witnessed globally. After the pandemic, the global electronics industry has faced a dual impact. The production facilities of the electronics parts have been halted owing to the logistics slowdown and unavailability of the workforce across the globe.
The global thermal imaging market is anticipated to grow at a CAGR 7.2% during the forecast period. The market is driven by growing the growing investments by companies, governments, and capital ventures to develop innovative thermal imaging solutions. For instance, in April 2019, DroneBase raises capital and partners with FLIR Systems to train pilots on thermal imaging technology.
UK is a highly volatile economy in terms of uncertainty in investment and production output due to Brexit's impact. However, the country has a significant value in the export of goods and services. The country has shown a significant rise in manufacturing operations, including food & beverage, machinery and equipment, and chemicals.
Italy is among the most affected countries with coronavirus outbreak across the globe, as the incidences rising at a significant pace than any other country. In Italy, the death toll from COVID-19 surpassed 5,000, witnessing a sharp increase from the last few days.
Europe is among the largest economies across the globe in terms of industrial production. The GDP of the European Union (EU) was estimated to be $18.8 trillion in 2018, increased from $17.4 trillion in 2017, represented nearly 23% of global GDP.
The mobile point of sale (POS) terminal market is anticipated to grow at a CAGR 15.2% during the forecast period. The mobile POS terminals are incorporated mobile equipment such as smartphones and tablets which works as electronic POS terminals and this mobile equipment can be changed into a compensation terminal through the use of dongles. These mobile equipment are equipped with utilities includes Wi-Fi, smart-card, voice over internet protocol and radio frequency identification.
The global consumer electronics industry is expected to register considerable growth over the forecast period 2019-2025. Surging demand for products such as televisions, smartphones, and wearable devices is one of the primary driving factors for the global consumer electronic market.
The Canadian digital signage market is estimated to grow at a CAGR of around 8.5% during the forecast period to reach around $1.5 billion in 2025 from $828 million in 2018. Canada contributes considerably to the growth of the digital signage market in North America.
The European digital signage market is estimated to reach around $7.5 billion in 2025 as compared to $4.8 billion in 2018 at a CAGR of 7.0% over the forecast period. Europe has been significantly contributing to the global market, owing to the increasing expenditure in the electronics, automotive, and healthcare sectors by the European countries in the past few years.
The France digital signage market is estimated to grow at a CAGR of 7.3% during the forecast period to reach $1.6 billion in 2025 from $970 million in 2018. The major driving factors in the substantial growth of the digital signage market are the rapid adoption of AI, machine learning, and extensive use of IP-based devices.
The Germany digital signage market is estimated to grow at a CAGR of 7.3% during the forecast period to reach $1.6 billion in 2025 from $970 million in 2018. The major driving factors in the substantial growth of the digital signage market are the rapid adoption of AI, machine learning, and extensive use of IP-based devices, well-developed electronics manufacturing sector, and increased focus on the technological advancements in electronics.
Italy digital signage market is estimated to grow at a CAGR of 6.5% during the forecast period to reach $830 million in 2025 from $530 million in 2018. Italy is estimated to contribute significantly toward the growth of digital signage market over the forecast period.
The North American digital signage market is estimated to grow at a CAGR of 7.8% during the forecast period. In 2018 the revenue generated in North America was nearly $6.9 billion and it is estimated to reach nearly $11.6 billion in 2025.
Spain digital signage market is estimated to grow at a CAGR of 7.5% during the forecast period to reach over $800 million in 2025 from $480 million in 2018. Major factor augmenting the growth of the market in the country include growing banking sector, increasing media and entertainment industry, surging food retail industry among others.
IP camera market is significantly growing at a CAGR of 12.8% during the forecast period. The emergence of thermal cameras and the penetration of IoT in video surveillance have resulted in a significant increase in the demand for Internet protocol-based camera systems. The growing adoption of these cameras in commercial and residential buildings has propelled the market growth. There is a need for security with the growing trend of smart homes that is anticipated to drive the IP camera market during the forecast period. Video surveillance is important due to the increasing security concern.
The UK digital signage market is estimated to grow at a CAGR of 6.7% during the forecast period to reach $1.3 billion in 2025 from $823 million in 2018. The major driving factors in the substantial growth of the digital signage market are the rapid adoption of AI, machine learning, and extensive use of IP-based devices.
The US digital signage market is estimated to grow at a CAGR of 7.7% during the forecast period to reach $10.2 billion in 2025 from $6.1 billion in 2018. The major driving factors in the substantial growth of the digital signage market are the rapid adoption of AI, machine learning, and extensive use of IP-based devices.
China digital signage market is estimated to grow at a CAGR of around 10.0% over the forecast period to reach over $4.5 billion in 2025 from $2.4 billion in 2018. A significant rise in the demand for digital advertising platforms has witnessed across the sectors, such as retail and financial institutions.
Indian digital signage market was $460 million in 2018 and is estimated to grow at an impressive growth rate of around 11.6% over the forecast period. The rising demand for digital advertising in the country is augmenting the need for digital signages.
Japan digital signage market is estimated to grow at a CAGR of around 8.6% over the forecast period to reach over $2.2 billion in 2025 from $1.2 billion in 2018. The regional growth of the market is attributed to the significant focus on digital infrastructure in transportation and upcoming major sports events and in the country.
The global Nd: YAG laser market is expected to grow at a CAGR of around 4.3% over the forecast period. Nd: YAG (neodymium-doped yttrium aluminum garnet) is a crystal that is used as a lasing medium for solid-state lasers. The laser is most commonly used to treat posterior capsular opacification after cataract surgery and to create a peripheral iridotomy in patients with narrow angles or angle-closure glaucoma.
The global Excimer laser market is expected to grow at a CAGR of around 6.8% over the forecast period. The Excimer lasers are commonly used in the production of microelectronic devices, eye surgery, micromachining, and semiconductors based integrated circuits or chips.
The US digital scent market is estimated to grow at a CAGR of over 15.5% during the forecast period. Advancements in technology in the areas of hardware diminishment and processing power have opened new horizons for the users to experience new kinds of realities with the help of various kinds of devices.
The North American digital scent market is estimated to grow at a CAGR of around 16% during the forecast period. Advancements in technology in the areas of hardware diminishment and processing power have opened new horizons for the users to experience new kinds of realities with the help of various kinds of devices.
The European digital scent market is estimated to grow at a CAGR of around 15% during the forecast period. Europe is one of the key markets for digital scent. Major countries that are involved in the market include UK, Germany, Spain, Italy, and France.
The US flexible electronics market is estimated to grow modestly at a CAGR of around 13.4% during the forecast period. The US is the leading market for electronic products due to the already established smartphone industry and widespread application of electronic components in entertainment devices, automotive and healthcare equipment.
UK flexible electronics market is estimated to grow considerably at a CAGR of around 16.0% during the forecast period. UK is among the largest economy in Europe, majorly owing to its trading power and financial businesses. The rising penetration of advanced feature smartphones, laptops, and TV in UK is setting up the positioning of flexible electronics in the consumer electronics sector.
The North American flexible electronics market is estimated to grow significantly at a CAGR of around 13.7% during the forecast period. North American region is one of the most established and significantly growing market in terms of flexible electronic products sale.
Japan flexible electronics market is estimated to grow considerably at a CAGR of around 14.1% during the forecast period. According to the International Trade Administration, Japan’s electronics industry is the third largest across the globe.
Germany flexible electronics market is estimated to grow considerably, at a CAGR of around 15.3%, during the forecast period. The country is estimated to be one of the leading countries in the European flexible electronics market.
The European flexible electronics market is estimated to grow modestly, at a CAGR of around 14.5%, during the forecast period. Europe contributes a significant share in the flexible electronics market. Flexible electronics have a range of applications across automotive, healthcare, smartphones, defense, and wearable devices, among others.
China flexible electronics market is estimated to grow considerably at a CAGR of around 16.2% during the forecast period. China is one of the leading countries in Asia-Pacific that contributes to the growth of the flexible electronics market. International Trade Union Federation (ITUF) estimates that China is the largest producer of the world’s electronic and electronic components across the globe.
Asia-Pacific flexible electronics market is estimated to grow significantly at a CAGR of around 15.9% during the forecast period. Rising consumer electronic industries, increasing adoption of smartphones and tablets, technological advancement in wearable sensor materials, vast population base are the major driving factors of the market in the region.
US piezoelectric devices market is expected to grow at a CAGR of around 4.5% during the forecast period. Well established electronic industry and emerging demand for electric vehicles in the country is supporting the market dominance of the US in piezoelectric devices.
UK piezoelectric devices market is expected to grow at a CAGR of 5.2% during the forecast period. Electronics and related devices have gained popularity in the country. Use of various smart devices such as smart TVs, smartphones, laptops and others is growing in the country.
North America is the leading region in the global piezoelectric devices market. The region is expected to grow at a CAGR of around 5.5% during the forecast period. Owing to the wide application area of piezoelectric device which includes, automotive industry, electric and electronic industry, aerospace, medical devices, IoT device, military equipment and other industries, the demand for piezoelectric devices is increasing in North America.
Germany piezoelectric devices market is expected to grow at a CAGR of around 6.0% during the forecast period. Germany is the largest economy in Europe and the 5th largest economy globally. The country is a leading exporter of vehicles and their supplier.
France piezoelectric devices market is expected to grow at a CAGR of around 9.4% during the forecast period. France is one of the technologically advanced and modern countries globally. France passenger car market is showing a considerable growth rate in recent years.
European piezoelectric devices market is expected to grow at a CAGR of around 7.3% during the forecast period. Europe has been significantly contributing to the global piezoelectric devices market, owing to the growing adoption of electrical equipment and semiconductor devices in automotive and biomedical devices.
China piezoelectric device market is expected to grow at a CAGR of around 8.9% during the forecast period. China is one of the leading manufacturers and consumer of electronic products globally. The leading mobile brands in China include Huawei, Xiaomi, OPPO, FortuneShip, Transsion, ZTE and Coolpad. Apart from domestic companies, international companies such as Apple, Samsung, and Nokia are some major players in the Chinese market.
Asia-Pacific piezoelectric devices market is expected to grow at a CAGR of around 7.8% during the forecast period. Asia-Pacific is one of the promising regions for the growth of the piezoelectric devices market. Increasing telecommunication and automotive industry in the region are primarily contributing to the growth of the market in the region.
The
US smart electric meter market is expected to grow at a CAGR of around 9.6%
during the forecasted period. The major factors augmenting the market are
government initiatives and deployment of smart power grids in the region. The
US market for smart electricity meters grow due to demand from a broad range of
commercial and personal home users.
The
UK smart electric meter market is expected to grow at a CAGR of approximately
10.5% during the forecast period. The major factors for the growth of the
market include government initiatives and adoption of smart electric grids in
the nation. The UK Government’s commitment for smart meter roll-out by 2020 is
a key driver for the growth of Europe smart electric meter market.
North
American smart electric market is predicted to grow at a CAGR of around 9.8%
during the forecast period. North America will be the major revenue contributor
in the global smart electricity market during the forecast period.
The
Japan smart electric meter market is growing at a CAGR of approximately 11.7%
during the forecast period. The key reason for the growth of the market is the
increased adoption of electric grids and increasing per capita consumption in
the nation. Japan possesses significant growth in the APAC smart electric meter
market.
The
Indian smart electric market is expected to grow at a CAGR of approximately
10.4% during the forecast period. The major factors for the growth of the
market are improvement of basic electricity infrastructure, adoption of smart
electric grids, and increasing per capita consumption in the nation.
The
Germany smart electric meter market is estimated to grow at a CAGR of
approximately 8.9% during the forecast period. The major reason for the growth
of the market is the adoption of electric grids and increasing per capita
consumption in the nation.
Europe
smart electric market is projected to rise at a CAGR of approximately 9.9%
during the forecast period. The strict norms and regulations towards adoption
of advanced meter system to accurately track electricity consumption will boost
the European smart electric meter market share. The European Union Directive
2009/72/EC ordered the member countries to compulsorily take initiatives for
adopting advanced electric meters as a means of ensuring efficient electricity
consumption.
Asia-Pacific
smart electric market is predicted to grow approximately at a CAGR of 11.2%
during the forecast period. The major economies contributing to the
Asia-Pacific smart electric meter market includes China, Japan, India and Rest
of Asia-Pacific. The smart electricity metering market is rapidly advancing in
APAC.
North American water heater market is anticipated to grow at a CAGR 4.7% during the forecast period. North American water heater market has been continuously growing attributed to high demand for heating appliances owing to the cold weather condition. Additionally, El Niño/Southern oscillation has a major impact on climate patterns in various parts of the region.
European water heater market is anticipated to grow at a CAGR 5.4% during the forecast period. European water heater market growth depends on the widespread application of the water heaters in residential and commercial sector. European industrial sector constitutes huge number of industries of various segments including manufacturing, food & beverages, energy, pharmaceutical which are considered as potential end-users for the water heaters.
Asia-pacific water heater market is anticipated to grow at a CAGR 6.6% during the forecast period. Asia-Pacific includes several emerging economies is seen as the high potential market for the water heater companies to invest. The growth of the Asia-Pacific market is being primarily driven by China, Japan, and India’s solar panel market.
Italy water heater market is anticipated to grow at a CAGR 6.1% during the forecast period. Italy records a substantial amount of manufacturing, and industrial production. Therefore, energy requirement is quite high in Italy. Cooling and heating application require ample amount of electricity in the market due to environment conditions. Therefore, with growing demand for energy, Italy is emerging as a key region for the adoption of renewable energy sources.
The US water heater market is anticipated to grow at a CAGR 4.2% during the forecast period. The US is the major economy in North American region attributed to well-established infrastructure in the industrial sector. Increasing demand for water heaters in different manufacturing and power plants is estimated to contribute to the growth of the US Water Heater market. A large quantity of water is required to maintain power plants as operational.
Indian water heater market is anticipated to grow at a CAGR 10.4% during the forecast period. India is regarded as one of the fastest growing economies across the globe; therefore, it contributes a significant contribution to the water heater market. The increasing urban population coupled with the growing adoption of the solar water systems contributing to the growth of the market in the region.
China water heater market is anticipated to grow at a CAGR 6.5 % during the forecast period. The factor such as increasing disposable income, rising urbanization, and rising adoption energy efficient energy source coupled with the adoption of solar water heater propelling the china water heater market.
The UK water heater market is expected to grow at a CAGR 5.7% during the forecast period. The market is growing significantly due to well-established industrial sector; UK is growing economically and technologically. Industrial production is coupled with the increasing demand for energy, and product trade. According to government of UK, a total of 125.8 million tons of oil equivalent energy was produced in 2017, which recorded 0.4% higher growth than 2016.
Europe’s 3D scanning market is valued to be nearly $1.8 billion in 2018, up from $1.2 billion in 2015, and it is further estimated to grow with the CAGR of 10.2% during the forecast period to reach $2.1 billion by 2022. The growth of the market is attributed to the growing development in 3D scanning technology and increasing investment of major key players in the region.
The Germany 3D Scanning market is estimated to grow at a CAGR of 11.4% during the forecast period. Germany is estimated to be one of the leading countries in the European 3D scanning market. The dominance of Germany in the market is attributed to the growing development of 3D scanning products in the industry.
The Asia-Pacific 3D Scanning market is estimated to grow at a CAGR of 11.1% during the forecast period. Asia-Pacific is expected to be the fastest growing region in the 3D scanning market owing to the increasing basic infrastructure in the region. The major countries, which will have a significant market share during forecast period, are India, China, and Japan.
The Japan 3D Scanning market is estimated to grow at a CAGR of 10.1% during the forecast period. Japan is a developed economy with well-developed technology in the automotive industry as well. Some major Japanese automotive companies are Honda, Nissan, Toyota, Suzuki, Mazda, Subaru, and Mitsubishi.
China 3D scanning market is anticipated to grow at a CAGR 11.4% during the forecast period. China is expected to be the largest consumer of 3D scanning technology in Asia-Pacific. The major reason for the increasing market includes continuous developing economy, large investments by government, setup of manufacturing plant of the multinational companies in the region and adoption of innovative technology.
The US 3D Scanning is anticipated to grow at a CAGR 10.7% during the forecast period 2019-2025. The US companies contribute a significant market share in the 3D scanning market. The companies, which will share a momentous market share, are 3D Digital Corporation, 3D Systems Inc. Autodesk Inc. and so on.
UK possesses huge scope for the growth of the 3D scanning market. UK market is expected to grow at a CAGR of 9.1% CAGR during the forecast period. The UK market is forecast to reach $494 million in 2025 as compared to $293 million in 2016. The growth is attributed to rising application of 3D scanners in healthcare and automotive industries.
The North American 3D Scanning is anticipated to grow at a CAGR 10.7% during the forecast period 2019-2025. Rising applications of 3D scanning in the healthcare and automotive sector and reduced hardware complexities of 3D scanners are estimated to be the major factors that are driving the growth of the North American 3D scanning market.
The Indian 3D scanning market is forecast to reach $381 million in 2025 as compared to $196 million in 2016 at a CAGR of 11.8% during the forecast period. India is the 2ndmost populous country across the globe with approximately 1.3 billion people. The major sectors where considerable growth can be observed in 3D scanning are aviation, automobile, industrial and manufacturing, and power sectors.
The US CMOS image sensors market is estimated to grow significantly at a CAGR of 5.9% during the forecast period. The US CMOS image sensor market is driven by the rising application of this device in different sectors including consumer electronics, aerospace & defense, automotive, security & surveillance, and healthcare among others.
UK CMOS image sensors market is estimated to grow at a CAGR of 5.8% during the forecast period. The country has well-developed ICT infrastructure, with continuous development in the information technology industry. The country is considered as one of the major contributors in the European market owing to the significant potential of the automotive industry.
North American CMOS image sensors market is estimated to grow significantly at a CAGR of 6.1% during the forecast period. The North American market for CMOS image sensors includes the analysis of two major countries including the US and Canada. CMOS image sensors have a wide application area that includes automobile, consumer electronics, aerospace, medical devices, military equipment, and aerospace among others.
Japan CMOS image sensors market is estimated to grow at a CAGR of 8.4% during the forecast period. The market growth is attributed to the increasing adoption of smartphones, and technological advancement in wearable sensor materials. The smartphone industry of Japan is one of the most developed markets across the globe.
European CMOS image sensors market is estimated to grow at a CAGR of 7.8% during the forecast period. Europe is home to various major automotive companies and represents a significant share of the global automotive industry which has significantly contributed to the market growth. EU 15 & EFTA (European Free Trade Association) has registered around 18.2 million vehicle sales in 2018.
China CMOS image sensors market is estimated to grow at a CAGR of 9.0% during the forecast period. The market growth is attributed to the rising consumer electronic industries, increasing adoption of smartphones, and technological advancement in wearable sensor materials.
Asia-Pacific CMOS image sensors market is estimated to grow significantly at a CAGR of 9.5% during the forecast period. Asia-Pacific held the largest market share in the global CMOS image sensors market owing to the rising consumer electronic industries, increasing adoption of smartphones and tablets, and technological advancement in wearable sensor materials.
The US is expected to grow at a CAGR of 7.2% in the smart gas meter market in the North America region. The country has a huge potential for the growth of the smart gas meter market. The US is the largest economy across the globe. In 2018, the US utilities had installed nearly 86.8 million advanced metering infrastructure (AMI) installations. Out of this 88% of the AMI, installations were residential customer installations.
North America's smart gas meter market has considerable market growth at a CAGR of 7.1% during the forecast period. This market is mainly driven by the well-developed automatic meter reading infrastructure and ICT industry. As per the World Bank, the cumulative GDP of North America was $22.2 trillion in 2018.
Italy smart gas meter market is expected to grow at a significant CAGR of 6.6% during the forecast period. Italy is anticipated to make a considerable contribution to the growth of the smart gas meter market among other European countries due to its early mover advantage in the installation of smart meters.
Europe is a significant contributor to the global smart gas meter market growing at a CAGR of 7.3% during the forecast period. In Europe, regional directives and national regulations are the key factors to drive the growth of the smart gas meter market.
China is expected to hold the significant share in the smart gas meter market in the Asia-Pacific region and is expected to grow at a CAGR of 6.5% during the forecast period. There is significant consumption of natural gas in the region. In September 2019, a report was published by the petroleum and natural gas department under the National Energy Administration (NEA), which states that significant growth in the consumption of natural gas will be recorded till 2050 in the country.
Asia-Pacific smart gas meters market is expected to grow at a significant CAGR of 6.6% during the forecast period. The major factors contributing to the growth of the market in the region include the rising smart city projects and partnerships for the development of smart gas meters.
The emergency shutdown systems market is anticipated to grow at 7.2% CAGR during the forecast period. The emergency shutdown system is largely deployed in the oil & gas industry, power generating sector, manufacturing industry, and various other industries.
The global foldable display market is projected to grow at a significant CAGR of more than 45% during the forecast period. The market growth is mainly driven by technological development in display technology such as the introduction of OLED.
The global bus card reader market is estimated to grow at a CAGR of 7.2% during the forecast period. The major factors contributing to the growth of the market include the growing implementation of smart card technology across public transport buses coupled with the increasing focus on the development of transportation infrastructure.
The global fire protection systems market is expected to grow at a CAGR of 7% over the forecast period. Fire protection systems are being adopted at a substantial rate across the globe. Millions of connected sensors, systems, and smart devices are deployed on a daily basis in offices, homes, cities that results primarily in the safety of the public.
The switchgear
monitoring system consists of discharge sensors, instruments, and diagnostic
software in order to measure the working of switchgear for scheduling the
maintenance power cuts and take preventive measures to avoid failure of the
switchgear system.
Global electronic logging device (ELD) market is projected to witness a growth by exhibiting a significant CAGR of around 5%, during the forecast period. ELD is an electronic solution that records the driving time and hours of service of commercial motor carriers and professional truck drivers.
The technological
advancement in wireless communications has led to the miniaturization process, which
includes the availability of efficient and cost-effective biomedical devices
and x-ray health-monitoring systems. X-ray detectors are used to measure the
flux, spatial distribution, spectrum and other properties of x-rays.
There are many portable printers commercially available ranging from their size, flexible functionality, design, and speed of printing. Portable printers are also known as mobile printers and can be easily connected to laptops, smartphones, and tablets.
Electric insulators are devices which are used on electricity supply networks to separate and support conductors at high voltages. Electric insulators are of different types that include composite insulator, ceramic insulator, and glass insulator.
HVDC referred to as high voltage direct current which is a potential technology for bulk power transmission over long distances, with lower electrical losses and higher efficiency. It offers precise and instant control of the power flow. Once installed, it becomes an important part of the electrical power systems and improves reliability, stability, and transmission capacity.
The electrical system is one of the most important and integral components of all aircraft designs. It is an independent network of the component that generates, utilize, distribute and store electrical energy. The capacity & complexity of the electrical system differs from single-engine aircraft to multi-engine aircraft.
Piezoelectric sensors are the devices that work on the principle of the piezoelectric effect. These devices have the capacity to assess pressure change, temperature variations, and deviation in force, acceleration. The global piezoelectric sensors market is surging at a significant rate owing to their application in various industry verticals.
The global diesel gensets market is influenced by the rising demand of diesel gensets in residential, commercial and industrial sectors coupled with increasing energy demand in these sectors. Moreover, the growing industrial and commercial sector in emerging economies further propels the market growth during the forecast period.
The gas detector is a device used across different industries such as wastewater treatment & utility, oil & gas, semiconductor manufacturing, chemical plants, polyurethane foam manufacturing, and power generation, among others to detect the presence and leakage of flammable and toxic gases.
The global integrated traffic systems market is anticipated to grow at a CAGR of 8.8% during the forecast period. The integrated traffic system is designed to enable existing roadways to optimize traffic flow.
The global intelligent vending machine market is projected to grow at a significant rate during the forecast period. The major factor that contributing in the growth of the market is the increasing adoption of innovative technologies such as sound recognition and increased user interactivity among others.
Brushless DC motor is a synchronous electric motor that is powered by DC source using an inverter or switching power supply in order to generate AC electric current. Brushless DC motors have several advantages over other types of motors such as higher controllability, excellent efficiency, and longer life span.
The major driver contributing to the growth of the hospital lighting market is the increasing number of hospitals in emerging economies, such as China. In addition, the market growth is attributed to increasing demand for technologically advanced healthcare facilities coupled with high government funding. However, factors such as the high cost of such devices and their installation may hamper the growth of the market.
Aircraft sensors provide efficient, cost-effective, and reliable operations for commercial and military aircrafts. Secure and effective controlling of aircraft requires feedback on a wide range of flight conditions and other states of various equipment and system of flight. A varied assortment of sensors constantly monitor these conditions, feeding information to flight computers for processing before being demonstrated to the pilot.
Smart gas meter is referred to as the advanced meter that can send
readings digitally to the gas supplier for accurate billings. The
conventional maters for gas are being replaced with new digital smart
meters in every industry.
A smoke detector is a smoke sensing device that triggers an alarm and visual signal when there is an abundance of smoke particles in the air. The demand for the global smoke detector market is expected to grow with the increase in security concern in commercial, residential and industrial buildings.
Microgrid as a Service Market is
expected to grow at a significant rate during the forecast period
2019-2025. Microgrid is referred as a separate transmission and
distribution network that is associated with the grid or operating in
isolation. This system controls on distributed power generation systems
and exploits nearby accessible properties. MaaS is a remotely
accommodated microgrid control service that is intended for utilities,
campuses, infrastructures, and institutions to provide advanced
optimization monitoring and control of circulated energy.
The global packaged AC system market is anticipated to grow at a significant CAGR of 4.8% during the forecast period. Packaged AC system is the extended version of window air conditioners. These ACs have high cooling and heating capacity and also capable of cooling the entire commercial building.
The global fullerene market is anticipated to grow at a considerable CAGR of 8.2% during the forecast period. Fullerene has wide applications in electronics, energy, aircraft, and energy & defense sectors. It is increasingly adopted across the globe due to its properties possessed by it. Fullerene finds a wide application as the bonding between the atoms in the fullerene structure is very strong as compared to metal & exhibits extraordinary strength. It is also 5-6 times stronger than conventional metal such as steel. Such benefits of fullerene contribute to the growth of the market. The increasing demand from the energy sector is propelling the growth of the market.
The global smart air conditioning market is growing at a considerable CAGR of 11.2% during the forecast period. Increasing population and urbanization is one of the prime factors affecting and driving the market.
The global electronic contract manufacturing market is growing at a considerable CAGR of around 9.2% during the forecast period. The major factors that drive the growth of the market include, Increasing use of electronics in various industries such as automotive, consumer electronics, healthcare and other industries for the performance of the overall driving experience.
The global epilator market is anticipated to grow at a significant CAGR of 8% during the forecast period. Epilators are an electronic device which is used to remove hair from the body from its roots. It grasps multiple hairs simultaneously and pulls them out. The major driving factor for the growth of the epilator market is its advantage over other hair removal methods including waxing and shaving. Waxing causes a lot of pain as compared to the epilator.
The global brain computer interface market is anticipated to grow at a CAGR of around 14.3% during the forecast period. Brain-Computer Interface also known as the brain-machine interface, neural-control interface (NCI), mind-machine interface (MMI), is an interactive platform between the brain and the external device.
Piezoelectric devices market is anticipated to grow at a CAGR of 4.5% during the forecast period (2024-2031). Piezoelectric devices are passive devices that use the piezoelectric effect to convert mechanical energy into electrical energy or vice versa. The piezoelectric effect occurs in certain materials, such as quartz and tourmaline, which generate an electric charge when pressure is applied or change dimensions when voltage is applied. The market growth is attributed to the high demand for piezoelectric devices in several end-user industries owing to easy installation, high-frequency response, and sustainability. These devices are self-powered, flexible, compact, and maintenance-free. Such benefits of piezoelectric devices are aiding the global market growth. The high cost of its raw materials increases the overall product cost, which may hinder market growth.
The global wearable sensors market is anticipated to grow at a CAGR of 9.1% during the forecast period. Sensors are now used in industries such as automotive, healthcare (particularly in dental and orthopedic fields), and retail. The factor contributing to the growth of wearable sensors include their increasing use in the healthcare sector, increase awareness of fitness among consumers, increase use in the sports sector for athletes and increase the use of the wearable sensor in defense and security. The aforementioned factors are attributed to the growth of the market at a decent rate during the forecast period. However, the high costs of wearable sensor devices hinder the growth of the market.
The global residential smoke detectors market is anticipated to grow significantly at a CAGR of 5.0% during the forecast period. A smoke detector is a gadget having a sensor that detects smoke and alerts the user to a fire.
The global Air Conditioning market is anticipated to grow at a significant CAGR of 9.7% during the forecast period. One of the major factors driving the growth of the market includes the rapid rise in the global urban population. Ongoing technological advancements to reduce component size and price to increase the affordability of ACs by middle-income individuals is another factor to promote the growth of the air conditioning market, especially in emerging economies across the globe.
The global smart electric meter market is anticipated to grow at a considerable CAGR of 7.6% during the forecast period. The growth of the market is attributed to favorable government initiatives and funding such as smart city projects by the European and Asia- Pacific government. In India, the government planned to build 90 smart cities by 2022. Additionally, the British government had planned to install a smart meter in every home by 2020. According to the national renewable energy laboratory, in the US 60 million smart electric meters will be installed by 2019. The cohesive government policies and initiatives are driving the growth of the smart electric meter market. Concepts of smart homes and smart cities and energy conservation by use of smart electric meters are also factors that are stimulating the market growth. However, a lack of a skilled workforce and reluctance by key end-users to adopt new technology may hamper the growth of the smart electric meter market.
The global head-mounted display market is growing at a CAGR of nearly 35.0% during the forecast period. The major factors that are augmenting the growth of the market include rising adoption in consumer applications and increasing adoption of augmented reality (AR) and virtual reality (VR) technology.