Market Scope

The global alcohol sensor market is expected to showcase a CAGR of 13.5% over the forecast period to touch a value of USD 1,980 million by 2027. It was valued at USD 605 million in 2017. The surge in drink-and-drive cases is the primary driver of the market. This is supported by governments in various countries enacting laws to prohibit excessive drinking and drinking in public places or restricted areas.

Demand for breathalyzers have increased in emerging markets…

Overview

The in-car  wireless  charging market is anticipated to grow by US$13,748 million by 2023 rapidly growing at a CAGR of 40.8% during the forecast period. The global In-Car  Wireless  Charging Market is driven by consumers’ interest in hybrid and smart cars as well as rapid growth of wireless charging trend. These factors have helped shape the in-car  wireless  charging market and are expected to boost the growth. Companies in the in-car  wireless  charging market could also…

Market Snapshot

According to MRFR, the Global Level Transmitter Market is expected to grow at a 4.98% CAGR, observing substantial growth over the forecast period. The market was valued at USD 2,984.4 Million in 2018 and is poised to reach USD 4,166.7 Million by 2025.

Companies Covered

The Key Players in the Global Level Transmitter Market are WIKA Alexander Wiegand Se Co. KG (Germany), Vega Grieshaber Kg (Germany), Magnetrol International, Inc.(US), Krohne Ltd (Germany),…

Market Overview

Global Gas Sensor Market is expected to reach USD 1795.9 Million by 2025 at a CAGR of 8.66% during the forecast period. Market Research Future (MRFR), in its report envelops segmentation and drivers to provide a better glimpse of the market in the coming years. A gas sensor is an electronic device that is used to detect several types of gases to measure gas concentration and levels of toxicity. Gas sensors used for applications in industrial processes, environmental…

Market Overview

The power management IC’s market will witness a healthy growth from 2019 to 2025, a research report suggests. Growing at a CAGR of 9.5%, the market is projected to reach US$46.15 billion by 2025. Increasing demand from consumer electronics is expected to support the market growth along with high demand across industry verticals. As predicted by analysts, expanding need for technically advanced manufacturing equipment will negatively affect the market’s performance from…

As per Market Research Future (MRFR), the global Smart Bathroom Market was valued at USD 5.92 billion in 2017 and is expected to reach USD 10.93 billion by 2023 at a CAGR of 10.74% from 2017 to 2023 (forecast period). The research report offers a succinct analysis of the influence of COVID-19 on current/future market situations. The report identifies some of the key market factors that will influence the growth of this sector, such as market share, major regions, and key…

Overview

The Fire Protection System Market is anticipated to grow by US$97,594.4 Million by 2025 rapidly growing at a CAGR of 9.43% during the forecast period. The global Fire Safety Systems Market is driven by rise in the need for security against fire and an increase in safety budget by enterprises. These factors have helped shape the fire protection system market and are expected to boost the growth. Companies in the fire protection system market could also face challenges such as…

Set-top boxes (STB) are external hardware which picks up satellite signals for normal and smart televisions. The emergence of OTT platforms and nominal prices for high resolution content on channels is likely to culminate in cord-cutting and adoption of these boxes. The global Set Top Box Market Analysis report by Market Research Future (MRFR) contains accumulated data on cable viewing statistics, consumption of content, and other dynamic variables for the period of 2017 to 2023 (forecast…

Set-top boxes (STB) are external hardware which picks up satellite signals for normal and smart televisions. The emergence of OTT platforms and nominal prices for high resolution content on channels is likely to culminate in cord-cutting and adoption of these boxes. The global Set Top Box Market Analysis report by Market Research Future (MRFR) contains accumulated data on cable viewing statistics, consumption of content, and other dynamic variables for the period of 2017 to 2023 (forecast…

The importance of the telecom sector has never been higher than today, and this expected to spur the Telecom Equipment Market Share. The semiconductor and electronics industry reports are produced by Market Research Future, which highlights market options for expansion. A 10% CAGR is estimated to guide the market to revenues worth USD 562 billion by the end of 2023.

The noteworthy contenders in the telecom equipment market are Alcatel Lucent S.A (France), Ciena (US), Cisco Systems,…

Market Overview

The need for high-frequency signals is boosting the growth of the market. The RF Power Amplifier is a crucial component of radio communication. The advancement of communication and the updated technological features are upgrading the market’s growth. The cellular network demand in today’s generation is one of the major driving factors of the market. As technology made people’s work more comfortable and easy, the rapid adoption of updated technology is rapidly growing…

Industry Insight

Many companies in the global Vibration Monitoring Market 2020 have pulled their earnings guidance in the wake of the crisis wrought by the COVID 19 pandemic. That has led to the broadest dispersion in earnings in global Vibration Monitoring System Market, estimates Market Research Future in its latest study. Owing to this status, during the forecast period 2017 to 2023, the vibration monitoring market will be on its peak of rising with 8.7% CAGR. The soaring demand…

Market Overview

According to the market report, the Personal Protective Equipment Market is to develop at USD 70 Billion by 2025, developing at 6% CAGR during the estimated 2020–2025. 

You must know that the Individual Protective Equipment (PPE) is worn to limit awareness of hazards in working environments making genuine wounds and diseases due to the contact with mechanical items, synthetic compounds, and radiological, physical, electrical beams. Individual defensive gear…

Overview

The Factory Automation Market is anticipated to grow by US$240 Billion by 2022 rapidly growing at a CAGR of 8% during the forecast period 2016 to 2022. The global factory automation market is driven by growing demand for energy efficient systems as well as rising need for highly efficient manufacturing process solutions . These factors have helped shape the factory automation market and are expected to boost the growth. Companies in the factory automation market could also…

Functional safety is a failsafe concept used across industries to shutdown processes in cases of abnormal situations. Various safety standards enforced by nations for its workers to address faults of machines can influence its adoption. The global Functional Safety Market Growth report by Market Research Future (MRFR) comprises estimations and projections for the period of 2017 to 2023 (forecast period) based on market variables of drivers, challenges, opportunities, and trends. The COVID-19…

Overview

The entertainment robots market is anticipated to grow by US$3715.29 million by 2023 rapidly growing at a CAGR of 23.06% during the forecast period. The global entertainment robots market is driven by R&D expenses and technical complexity involved in the human-machine interface and increasing demand for animatronics. These factors have helped shape the entertainment robots market and are expected to boost the growth. Companies in the Robots in Entertainment Industry could…

Market Overview

The Industrial Control System (ICS) Security Market is a market that is closely allied with the industries and is associated with the security levels of the industries. As industries grow and increase in number, the need for ICS security also increases. The need for digital security and a secured network for industrial operations has brought focus to the growth of the Industrial Control System (ICS) Security Market. With the detection of many vulnerabilities in the…

Overview

The Machine Condition Monitoring Market is anticipated to grow by US$2.91 Billion by 2023 rapidly growing at a CAGR of 5.55% during the forecast period 2017 to 2023. The global machine condition monitoring market is driven by rising awareness about machine condition monitoring systems as well as increasing adoption of advanced technologies. These factors have helped shape the Machine Condition Monitoring Market Analysis and are expected to boost the growth. Companies in the…

Market Overview

According to the market report, the Semiconductor Assembly and Testing Services Market are expected to develop at an estimated value of USD 28 Billion by 2020, enlisting a 4.5% CAGR during the survey time frame 2020 to 2025.

You must know that the Semiconductor Assembly and Testing Service Market is driven by the rising interest from buyer gadgets organizations because of the expanding deals of hardware gear. Semiconductor organizations are putting resources…

Market Overview

According to the market report, the global Silicon Wafers Market is expected to develop at a CAGR of 3.19%, seeing generous development during the estimated time frame. The Silicon Wafer Industry was valued at USD 9,621.5 Million every 2020; it is estimated to arrive at USD 11,889.0 Million by 2025.

You must know that Silicon wafers are not edible wafers as they are made of silicon material. Silicon wafers are semiconductors that are utilized in cross-breed or…