The global proximity sensor market is estimated to be valued at USD 4115.7 million in 2021 and is projected to reach USD 5894.89 million by 2026 at a CAGR of 7.45%. The growing employment of such sensors in the automation sector is propelling the global market forward. Read More »
The global tunable laser market is estimated to be valued at USD 11.02 billion in 2021 and is projected to reach USD 16.85 billion by 2026 at a CAGR of 8.87%. The expanding demand for wide bandwidth and increased data transmission capacity, burgeoning quality requirements in engineering applications, and skyrocketing demand for consumer electronics are all contributing to the markets advancement. Read More »
The global artificial intelligence in cement production market is projected to grow at a CAGR value of 28.5% during the forecast period of 2021 to 2026. The basic supplies of construction, housing, and industrial construction come from the cement production sector. Read More »
The connected banking market is projected to grow at a CAGR of 52.5% from 2021 to 2026. It is a utility based service/ solution helping retail and commercial customers and banks connected through all the bank related products and services in a seamless manner. Read More »
The global artificial intelligence in banking market is projected to grow at a CAGR value of 24.5% during the forecast period of 2021 to 2026. Artificial intelligence has successfully marked its importance in all the verticals and has also helped enhance the banking industry. Read More »
Increasing need to streamline the aviation industry in terms of data collection, analysing, and management of the information are major factors to drive the Robotic Process Automation in Aerospace Market growth. The Global Robotic Process Automation in Aerospace Market will witness over 28% CAGR up to 2026. Read More »
Considerations like the development of high specification devices, improved contrast ratio, technological advancements, increasing disposable income, high growth of LED-backlit, new product developments, growing demand for electronic devices, the availability of a myriad of application domains, and increasing investments in sophisticated product development are boosting the market expansion of industrial displays. Read More »
The automatic identification system market is estimated to be valued at USD 254.78 million in 2021 and is projected to reach USD 322.1 million by 2026 at a CAGR of 4.8%. One of the primary reasons driving the growth of the automatic identification system market is the increase in international commerce and maritime traffic. Read More »
Automated border control market is estimated to be valued at USD 534.7 million in 2021 and is projected to reach USD 1199.9 million by 2026 at a CAGR of 17.54 %. Escalating risks to nations and mounting extremism have redirected government efforts in many countries towards enhancing the application of technology that protects the public. Read More »
GPS tracking device market is estimated to be valued at USD 1400 million in 2021 and is projected to reach USD 2600 million by 2026 at a CAGR of 13.18%. The precision of GPS devices in determining the location of moving objects is the primary driver of the demand for these systems. Read More »